Admission News

April 04, 2017 @ 01:15 PM

MBA : A Necessity or a Hoax ?

 
Back in the 90s the one course every student wanted to enroll in was software engineering. Today, breaking the subject barrier one course that comes up on top is the MBA. This is one post graduate course that can be pursued by engineers, doctors, economists and graduates.
 
And since the internet growth is significant, Distance MBA courses have helped students and working professionals pursue their dreams without dedicating their time to visit the universities.
 
With almost everyone eyeing the Masters in Business Administration, one often wonders why the course is such a hot seller in the education market. As the name suggests it is about gaining mastery on business administration. And if we were to believe that India is being pitied as the next big super power alongside China, it means that both these countries’ economies are growing at a phenomenal pace.
 
In keeping with this economic growth, there is demand for professionals who can manage businesses better. In fact each sector and/or industry is constantly looking for professionals - who can take quick, calculated decisions and take charge- at various levels of the organisations. And that’s why, today, more than ever there is a bee-line of employers waiting to grab the best minds passing out of management campuses.
 
Makes sense then to add a business degree to your existing qualification. While MBA is being fervently pursued by fresh grads and working professionals alike, working professionals have an edge as their years at an organization give them a better understanding of the workings of establishments.
 
Studies suggest that today, more people are bound to have more than one career. Unlike our parents, who joined and retired from one career, growing over years and mastering their work, we will hop, skip several times. All the while picking and dropping work profiles that excite us or we feel passionate about. And more than ever, today, professionals have a choice to jump from one domain to another. 
 
Even if you want to excel in your chosen field an MBA adds value, bringing in a holistic problem solving approach towards your work.
 
Some may argue that the hype is unnecessary, that there have been drop outs heading organisations globally as well as here in India. In fact, a couple of names of successful CEO’s that come to mind are – Bill Gates, co-founder of Microsoft; Mark Zukerberg, co-founder Facebook; Steve Jobs, was CEO Apple Inc; Sir Richard Branson, founder Virgin Group; Evan Willians co-founder and former CEOTwitter and Jan Koum, co-founder and CEO WhatsApp. Closer home, there arefather-son duo of Dhirubhai and MukeshAmbani(Reliance Industries Limited), Sunil Mittal of Bharati Enterprises and AM Naik, Group Executive Chairman, L&T. 
 
However, it’s good to know that most of the Indian CEO’s have a strong educational background. Back in 2012, Business Today did a story titled, ‘The best performing CEO’s in India’ where they took into account CEO’s from 1995 to 2011. There were MBA-holding CEO’s who featured alongside non-MBA CEO’s. In that same list the No. 1 CEO ranking was bagged by Naveen Jindal of Jindal Steel and Power who holds an MBA from University of Texas. And why it is important is because Naveen Jindal turned around an ailing family business into a prosperous one. 
 
In fact, apart from Naveen Jindal other CEO’s who had an MBA degree were BhaskarBhat CEO of Titan Industries and Sunil Duggal CEO of Dabur India.
 
The article stated that: “Our statistical analysis revealed that CEOs who started their job when they were younger and had an MBA degree were more likely to attain a better ranking.”
In fact, the article says that the result indicated that an MBA degree does seem to provide valuable skills to run companies. 
 
Today, enrolling in a full-time on-campus programme may seem like the best way to get an MBA. However, most professionals often put it off for later. But, they needn’t. Look around, technology is all encompassing, it is also making in-roads into the education arena.
 
Universities have been offering Distance education courses to accommodate the needs of working professionals as well as those who don’t want to take up the on-campus programme. Now, Universities are stepping up their game by taking select courses online, thereby, expanding their reach. Online distance education courses eliminate the need to physically gather for contact classes. Ensuring there is no dilution of quality. Universities offeraudio and video lecturesthat is available on their websites. This isin addition to mailing text books to students. One such initiative is the www.onlinepondiuni.edu.in. The distanceMBA courses from the University allowstudents the flexibility to study at their own pace as the course material can be accessed online at any given time. 
 
The Universities also has a mobile app that can be downloaded, therefore, in essence the students can actually carry their course material on the go. 
 
Onlinedistance education is perfect as it allows individuals to pursue other interests without compromising on their higher education aspirations.
 
Stay ahead and stay inspired with MBA Rendezvous

Crucial Dates, You Should not Miss

TAPMI, Manipal
Admission Application closes on January 16, 2018 for 2018-20
BIMTECH, Greater Noida
Admissions open for PGDM Programmes at BIMTECH. Apply Now !
Lal Bahadur Shastri Institute of Management
Admissions are Open at LBSIM, Delhi. Apply Now !
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Application Deadline is December 22, 2017.
Goa Institute of Management
PGDM Admissions Open at GIM. Apply Before January 5, 2018
NIRMA
Last Date to Apply for MBA (Full Time) Programme at NIRMA is January 09, 2018
XAT 2018
Application Last Date 30th November 2017
IMI New Delhi
Application closes 4th December 2017
XIM Bhubaneshwar
Last Date 8th December 2017
SIBM Bengaluru
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Bengaluru through the SNAP Form
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before December 31,2017
IBSAT 2017
Last date for IBSAT registration is December 12 , 2017
SSBF
Last date to register for SNAP is 24th November, 2017. Last date for SSBF is 2nd January 2018
SIBM Hyderabad
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Hyderabad through the SNAP Form
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
SDMIMD Mysore
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
Institute of Management Technology
Application closes on November 24, 2017
MDI Murshidabad
Application for PGPM 2018-20 at MDI Murshidabad is open till November 24, 2017

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