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April 04, 2017 @ 01:15 PM

MBA makes you employable globally

MBA employable globally

Published : Monday, 09 May, 2016 10:45 AM

MBA makes you employable globally

As CAT 2016 is approaching soon, hence MBA Rendezvous Presents the Importance of MBA Globally.

The Master of Business Administration has traditionally been a popular course for students, whether they are interested in business and management at the time of enrolment or not, the certainty of finding employment after the course has been alluring students to take the plunge.

MBA is designed to train students in various aspects of business, such as finance, human resource and marketing, which facilitates a new outlook and imparts a broader perspective of the business or corporate world. For youngsters willing to join a business house, work for a Multi-National Company or start their own businesses, an MBA degree not only gives them an in-depth understanding of how business and management works but also gives them a head start in life, as they are able to find jobs, not only in India but globally. This is because an MBA degree is accepted and valued across the world.

Management is something that is a vital part of all organisations-big or small across the world. 

The skills that an MBA graduate acquires includes management, leadership qualities, teamwork, the spirit to take risks, experiment and adapt to new cultures, places or situations. This opens a plethora of employment opportunities for them ranging from financial management, consultants to analysts, insurance advisor, IT sector, healthcare, construction management and many others. An MBA degree, thus, becomes a ticket to an exciting career.

Several internationally reputed organisations such as J P Morgan, Goldman Sachs, P&G, McKinsey, Microsoft, Deloitte, Facebook, Barclays, Citi Bank and others have making a beeline for various business schools of India during the annual placement drives in these schools, offering excellent pay packages. For instance, the India Institute of Management Ahmedabad received the highest international package at approximately Rs 1.38 crore for its post graduate programme for executives, the domestic package stood at Rs 54.55 lakhs in 2015. The average salary in premium business schools of India in 2014, for instance, Rs 16.18 lakhs in FMS Delhi, Rs 16.25 lakhs in XLRI Jamshedpur, Rs 12.49 lakhs in IIM Shillong, reveal why MBA is one of the most popular courses for students.

Placement Report for few of the MBA Institutes:

NMIMS

http://www.nmimssbm.org/docs/nmims-sbm-mumbai-final-placement-report-2016.pdf

Highest CTC - 30 LPA

Average CTC - 17.09 LPA

FORE

http://www.fsm.ac.in/pla_placementstatistics201516.html

Highest domestic offer this year was a Pre Placement Offer with a potential CTC of Rs 21 Lacs.

SPJIMR

http://www.spjimr.org/pgdm/placements-report-2016.aspx

The highest salary offered on campus also spiked by 25% to Rs. 37 lakhs per annum

Average Salary 19.3 LPA

BIMTECH

http://bimtech.ac.in/placement/placement-details/

Highest Indian Package - Rs 12.00 Lacs P.A.

Highest Foreign Package - Rs 26.00 Lacs P.A.

Average Package - Rs 7.35 Lacs P.A

IMT

http://125.19.35.234/DownloadFiles/PlacementReport2014-16.pdf

Highest Offered CTC - Rs 21.17 lakhs(As on 27th March 2016) 

Average Offered CTC - Rs 10.47 lakhs(As on 27th March 2016)

MICA

http://www.mbarendezvous.com/b-school-events/100-percent-placements-for-mica/

Highest Offered CTC - Rs 25.5 lakhs P.A.

Average Offered CTC - Rs 11.6 lakhs P.A.

IMI Delhi

http://www.imi.edu/delhi/UserFiles/Image/images/images/images/Placement%20Report_Finals_2014-16.pdf

Highest CTC - 29 LPA

Average CTC - 14.3 LPA

With acquisitions and mergers becoming the new buzzword in the business world, the scope of MBA has widened too. Business organisations are trying to spread their wings globally and becoming truly multi-national corporations. India, for instance, is a sought after destination because of its immense potential for growth and development. An Indian student doing MBA today has to think of the global impact before making decisions and is also exposed to international standards and practices. This enables him/her to think of the world as his work area. Such a perspective enables him/her to blend into any community, society and culture, all of which works to his/her advantage while seeking a job anywhere in the world.

The onus, however, is on the MBA students to extract the maximum out of the course, to keep broadening their horizons and learning. The course itself provides the framework to a successful career in the highly competitive and risky business world but it requires a sincere and dedicated effort from the student to build on that framework and reap benefits.

You may also go through other International Exams for MBA

Graduate Management Admission Test

GMAT Exam Structure

Stay informed, 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

Admission Open Now

Following Colleges are accepting applications.

INTERNATIONAL MANAGEMENT INSTITUTE

Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

Apply Online