MBA stands for Master of Business Administration. It is a postgraduate level course. The main aim of this course is to instill management skills and knowledge in students.
It takes certain amount of management knowledge and skills to thrive in administrative roles. This is where a management education course like MBA comes handy!!
There are two main types of MBA programs available in India. They are –
- General MBA course
- MBA specialization courses
General MBA course focuses on the basics of management. It helps students take on the broad field of management. The curriculum of general MBA program consists of core management subjects and few elective subjects.
Some of the notable core management subjects are –
- HR Management
- Marketing Management
- Retail Management
- Finance Management
- Organizational Behavior
MBA specialization programs focus on a particular domain/discipline. Such programs cover core management subjects as well as subjects related to the field of specialization. Some such notable specialization programs are –
- MBA in HR Management
- MBA in Marketing Management
- MBA in International Business
- MBA in Finance Management
The first year of a general MBA program usually consists of core subjects. Elective subjects enter the stage in second year. The availability of elective subjects may vary from one institute to another.
TYPES OF MBA (BASED ON COURSE FORMAT)
Online MBA programs are very useful to working professionals. This program can be pursued from the comfort of one’s home!
The course content can be accessed online. It consists of rich media such as – images, video, interactive content etc. Evaluation tests are also carried out online.
In short, a student can acquire knowledge and get it evaluated online! In India, many reputed Colleges/Universities/Institutes are known to offer online MBA programs.
DISTANCE EDUCATION MBA
Distance MBA programs have been created keeping the needs of working professionals in mind! Working professionals may pursue distance MBA without disturbing their work!
The course material can be accessed online or through post. Candidates are evaluated at regular intervals through online tests. Distance MBA Degree from a reputed institute can help you get a better job/get promotion at work.
REGULAR CLASSROOM MBA
Regular classroom MBA program is a full time course. Students pursuing this course must attend regular college lectures and practicals. The academic program is 2 years long. This is the most preferred course format among Indian graduates! Each academic year is divided into two semesters. Thus, the entire course is made up of four semesters. A student must face main evaluation exam at the end of each semester.
The academic program consists of classroom lectures, practical work and project work. If you’d like to enjoy the traditional classroom learning experience, this course will be of help to you!
PART TIME MBA
Unlike regular classroom MBA, part time programs have relaxed and flexible lecture hours. Usually, the lectures are carried out on weekends/one-two days a week. This makes it a very useful MBA program for working professionals.
EXECUTIVE MBA (EMBA)
Executive MBA programs are custom made for corporate sector employees. The main aim of an EMBA is to inculcate leadership skills and management skills in corporate sector employees.
The academic program is 2 years long. Each year consists of 2 semesters. The entire academic program is made up of 4 semesters.
Minimum educational qualification required is – completed Bachelor’s Degree course from a recognized University/Institute. Minimum aggregate marks criteria may exist and it may vary from one institute to another.
Management professionals are hired by wide variety of industries, MNCs, offices and organizations. Both government and private job opportunities are available in front of them.
Corporate houses, MNCs, NGOs, Educational Institutes, Healthcare setups, Government organizations, Industries, Finance institutes (banks, private enterprises etc) etc are known to recruit MBA graduates. Actually, the list of recruiters would go on and on, management professionals are needed by many firms!
Under the above mentioned work setups, MBA graduates may take up any of the following job posts –
- Assistant Manager
- HR Manager
- Operations Manager
- Finance and Accounts Manager
- Sales and Marketing professional
- Auditing Assistant
- Executive (Sales, Marketing, Advertising etc)
- Office Assistant/Executive
- Research Assistant
Other than office job, entrepreneurship is another opportunity available in front of MBA graduates. If you are an entrepreneur at heart, you may start your own venture or business. Other than that, working as an independent consultant is another excellent option.
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