Choosing the right B School

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*7 Real Reasons to do MBA:**1. Career Progression:*Typically a professional begins his/her career with an operational role. Being fairly smart, hardworking and result-oriented, you get promotions and reach a decent position in the management...
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Hello @Palak112 

Glocal School of Business and Commerce, Saharanpur offering some of the best courses to all the aspiring MBA students. Admissions are now open visit: http://glocaluniversity.edu.in/schools/glocal-of-business-and-commerce

Keep following us here on PaGaLGuy to keep yourself updated with the latest happenings

Welcome to GLOCAL University (www.glocaluniversity.edu.in) We don't just educate, we arm you with global attitude
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Hi Friends,  there should be the following Parameters you assess before joining an MBA Institute : 1. Admission Criteria 2. Infrastructure, both (physical & intellectual) 3. Course Content and Specializations offered 4. Faculty 5. Student and Alumni Achievements 6. Cost of education 7. Placement details & CTC offered 8. Location & hostel facility Also you need to take care of that the College should choose you.

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MBA vs MTech

For several BTech graduates planning to pursue higher education , it is primarily a choice between Master of business administration (MBA) and Master of technology (MTech) programmes. While both qualifications offer good placements and a stable career, the decision should be a well-calculated one.

While both these career options are stable and rewarding, current trends indicate that students prefer MBA over MTech. Besides opening various employment avenues across industries, an MBA degree gives students a chance to build a promising foundation for their career. The difficulty level and rigour associated with an MTech degree also adds to the popularity of MBA in the student community.

Guyss what say ??


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7 Management Lessons From Mahabharata

If you want to be the best leader, Mahabharata should be your guide. You may think that the Indian epic is obsolete and archaic, but you'd be surprised to know how much relevance it holds in today's world, especially when it comes to your work life.

Here are 7 management lessons you must learn from Mahabharata today.

1. Seize Every Opportunity Look out for opportunities outside your scope of work. Never hassle yourself too much with the motive of defeating your competitor. Rather, invest all energies on a bigger goal - to add strength and power to your business.

2. Win Allies Five brothers won against a hundred. How do you think Pandavas did that? The relationships they established over the years paid off. You may be busy focussing on your own growth at the present, but you must start reaching out to more people and making allies. They will push you forward when the time comes.

3. Distribute Work The more people you have, working towards different goals, the more efficient the output is going to be. One-man leadership strategy didn't work for Kauravas and there is no way it's going to work for you.

4. Know How To Build Team Spirit Kauravas were plenty in number but null in strength. Make your team work towards a single goal instead of personal ones. Take contributions from everyone. Hear everyone out; make them learn how to work with each other.

5. Give Your Team Individual Goals Allot individual goals to each team. This will help build up enthusiasm and in turn, help you in the longer run. Even though Pandavas were working towards the same ultimate goal, they had individual roles in the battle too.

6. Commitment - Keep It Strong Once you're up for a challenge, do not back out. Had Pandavas fretted about being negligible in number in comparison to the Kauravas, they would've never even tried. Determination and commitment will surely take you a long way. 7. Know Every Member's Potential If you're going to manage a team, you better know what role they suit the best. Pandavas knew how to harnesses energies from each man in their army. You should be smart enough to use your team's ability and potential to the maximum.

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7 Real Reasons to do MBA:

1.   Career Progression:

Typically a professional begins his/her career with an operational role. Being fairly smart, hardworking and result-oriented, you get promotions and reach a decent position in the management. So now you have a good academic profile and good work experience. What happens next? After a few years you start feeling stagnated. This could happen after 3 years or it may take even 10 years for you to reach such a stage.

This is because in today's performance-oriented professional world, most of the people around you also have the same qualities and credentials that you possess. So, at this point it is crucial for you to ask - what unique traits do you have that will differentiate you from the herd?

The answer is: an MBA degree. Actually, not just any MBA degree but an MBA degree from a premier business school. An MBA from a top B-school will help you make a quick transition from a mid-level role to a senior management position, where you will have the opportunity to take strategic decisions. If you browse through the job descriptions of senior positions across industries, you can see that MBA is the preferred degree, though perhaps not mandatory. Consulting is one profession where an MBA is mandatory to grow to an Associate or higher levels. So, the lack of an MBA degree may not be a show-stopper but it will be a huge reason for career stagnation.

2.   Career Shift:

What are the chances that with your current education, your current role and your current experience, you can actually switch to any other role or industry? Very little! Consider this situation - you have been in IT for the past 5 years, but with time, you realize that your true calling is marketing; What steps can you take to make a switch?

-      You can take up small marketing projects over the weekends
-      Read about marketing on the internet and make changes to your resume
-      Take an online marketing course

Even if you manage to get past the interview for a marketing role, you would still be joining at an entry level. Your great IT experience will not help you much to get a senior level role in marketing.

It is here that an MBA program can help. In fact, one of the most important reasons why professionals choose to do an MBA is to change career tracks smoothly.

 

3.   Knowledge:

An MBA from a top business school may set you back by about INR50 lakhs for a 10-month course. The figure may be even higher depending on the location of your school and the duration of the program. This works out to about 1.2 lakhs per week. In India, you may end up spending 20 lakhs for a similar MBA program. Imagine spending such a huge sum of money just to gain knowledge!

Wouldn't it be prudent to quit your job for a year and browse the internet to get all the knowledge in the world?

However the truth is that knowledge that will help you progress in your career will not be found only in books or on the internet. The interaction and intellectual debates that you will have with your professors and peers at a B-school will be extremely enriching. Secondly, the pedagogical methods employed in top schools are very innovative and effective - these include case studies, presentations, projects, research papers etc. If you are joining a typical two year MBA program, in the first year you will have the core curriculum consisting of marketing, accounting, finance, statistics, economics, management, organization behavior etc. These lay the foundation of your understanding of business. To be a future CEO, you need to have a 360 degree view of how to run a company and manage people. The language of business is the language of money. Apart from the core subjects, B-schools offer a plethora of electives, usually in the second year, depending on what stream you want to specialize in. It is at this point that you need to have a very good idea of your career path, so that you can make full use of your MBA program.

4.   Networking:

What is networking?

Knowing people? Getting contacts?

Yes, knowing people is a big part of networking, but surely it is not just that!

Even with all the social media hype, how many people from your college are you in regular touch with? 20? 50? At the most, 100! Even at work, how many people do you really know? Your immediate superiors, your team, and the people you meet at the cafeteria. And what happens once you quit your current job and meet your ex-colleague after two years in a mall? You may even find it hard to remember his/her name! So, according to this definition of networking, it means you are ready to spend 1 crore just to know 100 more people!

Nothing could be more foolish.

So, what is networking all about? Networking at business schools means that you will be carrying the same tag as thousands of alumni. You may or may not have studied together, but if a Harvard alumnus receives an email or a job request from another Harvard alumnus, or is interviewing a candidate who went to the same school, there will be an immediate bonding between them, something like an Old Boys Association! We all want to be identified as part of a group of high achievers. Doing an MBA from a reputed B-school gives you a great opportunity to network with smart, talented people who will hold top strategic positions in major companies or will be great business leaders someday.

5.   Brand Equity:

An MBA degree is certainly a feather in your cap. But an MBA from a top B-school is a more brightly colored feather! You can feel this difference within India itself. All things being equal, there is a big difference if you do an MBA from a lesser known B-school in your region and if you graduate from a top school such as ISB As most recruiters are aware of how difficult it is to get into a top B-school, an MBA degree from such a school holds a lot of brand value. Employers already know that you have cleared the first level of acid test: high GPA, high GMAT Scores, recommendations, the tough interview itself and of course, a very rigorous MBA program. Just like gold, an MBA from a reputed B-school gives you a certificated hallmark that you are competent to become a successful leader in near future. As the job of assessing a candidate is already done by the MBA Admissions Committee, recruiters are well-assured of your potential.

6.   Self-Growth:

What do you really learn at a B-school?

Most importantly, the confidence to be somebody who matters, in your professional life.

A reputed B-school program gives you the opportunity to think in the direction you want to. Whatever goals you may have had before joining an MBA program, once you join, you may realize that your true calling lies elsewhere. The entire classroom experience, interaction with faculty and peers, student activities, case studies... all these may radically change your perspective, both personally and professionally.  Many MBA students discover a new person in themselves once they graduate from business school.

The irony of life is that when you were a student, you had no responsibilities, but you also lacked the right perspective. Once you started working, gradually, you learned who you are, what your potentials are, but at this stage you are so burdened with responsibilities that you don't get the chance to follow your passion. An MBA gives you a second chance in life to do what you always wanted to do. It gives you the independence of a student's life as well as the perspective of working for many years.

7.   Change of Geography:

There must have been instances when you wanted to move to Australia or Canada or any other foreign country to work there. In your current role, you may be able to move to an international market as a C++ coder but definitely not as a project manager. An MBA, say from Stanford or INSEAD can help you understand the foreign market well, increase your international network, learn about the requirements for an international career and get exposure to a totally different culture and way of life.

Do you identify with some of these reasons why you should do an MBA? At the end of the day, it's all about your passion, your career and your long term goals. Before you even think of applying anywhere, analyze why exactly you wish to pursue an MBA and articulate it well in your essays and interviews. A systematic approach to following your dreams will make your MBA journey meaningful and enjoyable.

2 comments
subraman
@subraman  ·  0 karma

A thorough research about the B school culture is also a necessary thing. How do we fit in with the culture is much more important and it plays a crucial role in our study 

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Palak112
@Palak112  ·  127 karma

Veryy true Dinesh!!

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