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About Management study

Why Management studies

WHY MBA ? Believe it or not, no other course as compact and short as MBA can make you earn US$ 2.5 million as cumulative median cumulative salary over a period of 20 years. This is exactly what has been found by GMAC in its Alumni Survey.

Doing MBA from a good B-school is a lucrative investment and it will not take more than 4 years to recoup your MBA costs after completion of the course, is the outcome of GMAC Alumni Survey report published on February 23, 2016.

MBA or PGDM with MBA equivalence is a short Post Graduate programme with high career prospects which no other programme offers.

It is of 2 years duration for freshers who have no work experience after bachelor’s degree and of 1 or 1 and a half year duration for those who have work experience of 2 years or more.

Great Learning shapes the future IIM Ahmedabad alumnus Santosh Desai, CEO, Future Brands, says, “The wonderful thing about the MBA is that one will not just be the manager, but also a creator.

I think the most important future challenge would be how you are going to transcend the act of managers. In management institute, you are given the freedom to think and to face the challenges.

It will be new because all the things are in you but nothing compels you to think independently as does the good MBA course.”

Indian Economy needs more MBAs According to Asian Development Bank economic growth projections Indian economy would grow at 7.4% leaving China behind which is proposed to have the economic growth rate of 6.5%.

The Make in India and start up India would consistently need more skilled and managerial professionals to meet the growing demand in coming years.

When we aspire to make India usher in the era of double digit growth, move on the path of Make in India, it may not come from a few developed urban pockets.

It is the task of the MBAs to develop the less developed areas and bring uniformity in the development, as MBAs have the right skills.

MBA boosting Alumni’s career Graduate Management Admission Council’s (GMAC) 2016 Alumni Perspectives Survey Report reveals that all the alumni who were surveyed agree that MBA contributed a lot to boost their career. 81% feel that MBA was instrumental to increase their salary substantially; 80% find that MBA prepared them for leadership roles; 74% find that MBA offered quicker advancement in career and 70% are of the view that doing MBA helped them to improve their network.

Top jobs for General Graduates You can’t become a doctor, engineer or scientist if you are a general graduate in commerce, humanities, arts, computer application and others.

But you can become the highly paid manager after completing your MBA degree. Wide choice of career Options MBA degree gives depth to your resume and helps you to choose career options as per your own perspective and better marketability.

You are not the same person after emerging from the Management institute as it shapes your personality and widens your knowledge in different aspects and field. MBA degree propels you for a managerial job or position.

If you are student with a specialization in engineering, chartered accountancy, Company secretary, etc, you need an MBA degree to gain a managerial position. MBAs draw in Crores Inspite of economic slowdowns round the world, placement records of top B- schools in India come as a motivation for all those who have a dream to pursue MBA.

The highest and average placement in almost all the major MBA programmes offered by the Business schools located in any part of the country including IIMs, FMS, IIFT, SPJIMR, MDI, NITIE, NMIMS, JBIMS, IMI, IMT and many others have gone up by 10 to 40% between a range of Rs. 7 lakhs to 70 lakhs.

In fact there is no other 2 year post graduate programme than the MBA which can offer such a good career start even before completing the course.

No higher position without MBA In certain organizations, having an MBA or an advanced degree is practically a requirement for certain positions. It's hard to move up without that credential, no matter how talented you are.

Because of the recession's affect on employment, many companies have a wealth of talent to pick from at the moment and some can afford to be choosy in their hiring.

Candidates need to score every point possible, and an MBA degree may give that extra edge to you. MBA: Gateway to join the super CEOs list MBA imbibes in you the necessary knowledge and skill set which you will need in your life, not only in the professional but also in personal walks.

MBA courses imbibe in the students the capability and skills to maximize individual and organizational productivity. Courses 1. Full-time MBA Most of the U.S. universities offer a two-year full-time MBA (full form of MBA). For those who wish to complete their MBA within a year and get back into the job-market, an MBA from the U.K. wherein many universities offer a one-year MBA program would be ideal.

The living cost incurred for a one-year course would also be lower than a two-year MBA program. Related posts that you may be interested in reading: – Best countries for an MBA abroad – Average salary after MBA in USA, India – MBA in Singapore vs MBA in India, USA and France 2. Part-time MBA A part-time MBA suits the needs of working professionals who can complete the course on a part-time basis while still being employed.

Though this would mean extended duration of the course, the income stream would continue throughout without having to take a break from work.

Here’s the story of a candidate who got into the Part-time MBA at UCLA and Berkeley Haas. 3. Executive MBA This is aimed for the experienced professionals from various fields who wish to sharpen their managerial abilities, expand their career potential, gain leadership qualities and acquire international management experience in a multi-cultural environment. Most of these programs have a flexible schedule and are designed to suit working professionals.

Here’s a list of the best Executive MBA courses and some interesting Executive MBA articles. 4. Dual MBA This program suits those who find the MBA course clubbed together with the stream they wish to pursue. Some schools like Wharton, Kellogg have been offering a three year joint J.D. / MBA program.

NYU Stern School of Business also offers a range of choices for a dual MBA course. It also has a tie-up with HEC Paris wherein candidates on completion get an MBA degree from both the colleges. The selection criteria for these dual MBA program vary from school to school. These candidates complete the courses of their choice with the added advantage of having an MBA which is surely a feather in the cap. INSEAD on the other hand has a dual-campus program wherein candidates can choose to study in their Asia campus at Singapore or Europe campus at Fontainebleau, France.

It also has a tie-up with Wharton School of Pennsylvania. Here’s an FAQ on MBA Dual Degree Programs. 5. Distance learning MBA This is a means of obtaining an MBA without actually having to attend the program on the campus.

This could be done through various correspondence courses, online course material and discussions, teleconferencing and videoconferencing. The advantage of this model is that these courses can be completed from the comfort of our home and while continuing our current profession.

Some of these programs also offer flexibility in terms of their course structure. Here’s more on distance MBA programs. Check out the Best Online MBA Programs in the World.

Also read this story on Online eMBA vs full-time MBA. One-year v/s two-year program For those who wish to earn an MBA degree with all the pros associated, but are wary about taking a long break from work or have financial constraints, a one-year MBA just serves the purpose. More often, persons with slightly greater experience prefer to go in for a one-year program.

On the other hand, a lot of young professionals who are in a position to devote more time for an MBA, a two-year stint would work just right. This would give a wider coverage of the various subjects, longer duration of internship, more networking opportunities and thus greater exposure to all that an MBA has in store.

ELIGIBILITY

MBA/MMS/PGDBM/PGDM course, the candidate should fulfill the following eligibility criteria: 

Passed with minimum of 50% mark  in any Full Time Bachelor’s degree of minimum three years duration in any discipline recognized by the Association of Indian Universities for general category student.
OR
Appeared for the final year examination of any Full Time Bachelor’s degree of minimum three years duration in any discipline recognized by the Association of Indian Universities. Such candidates can be considered for provisional admission subject to passing the Degree exam with minimum of 50% marks in aggregate for general category student.

2. Appeared for GMAT / CAT (conducted by IIMs) /JMET (conducted by IITs) / MAT (conducted by AIMA in February 2017) / ATMA (conducted by AIMS) / XAT (conducted by XLRI) for seeking admission to MBA/MMS for the academic year 2016-17. Such candidates are required to appear for the GD &PI conducted by the Management of the respective institutes

Course

1. Full- time MBA

Most of the U.S. universities offer a two-year full-time MBA (full form of MBA). For those who wish to complete their MBA within a year and get back into the job-market, an MBA from the U.K. wherein many universities offer a one-year MBA program would be ideal. The living cost incurred for a one-year course would also be lower than a two-year MBA program.

2. Part-time MBA

A part-time MBA suits the needs of working professionals who can complete the course on a part-time basis while still being employed. Though this would mean extended duration of the course, the income stream would continue throughout without having to take a break from work.

3. Executive MBA

This is aimed for the experienced professionals from various fields who wish to sharpen their managerial abilities, expand their career potential, gain leadership qualities and acquire international management experience in a multi-cultural environment. Most of these programs have a flexible schedule and are designed to suit working professionals.


 4. Dual MBA

This program suits those who find the MBA course clubbed together with the stream they wish to pursue. Some schools like Wharton, Kellogg have been offering a three year joint J.D. / MBA program.

NYU Stern School of Business also offers a range of choices for a dual MBA course. It also has a tie-up with HEC Paris wherein candidates on completion get an MBA degree from both the colleges. The selection criteria for these dual MBA program vary from school to school.

These candidates complete the courses of their choice with the added advantage of having an MBA which is surely a feather in the cap.

INSEAD on the other hand has a dual-campus program wherein candidates can choose to study in their Asia campus at Singapore or Europe campus at Fontainebleau, France. It also has a tie-up with Wharton School of Pennsylvania.


 5. Distance learning MBA

This is a means of obtaining an MBA without actually having to attend the program on the campus. This could be done through various correspondence courses, online course material and discussions, teleconferencing and videoconferencing.

The advantage of this model is that these courses can be completed from the comfort of our home and while continuing our current profession. Some of these programs also offer flexibility in terms of their course structure.

One-year v/s two-year program

For those who wish to earn an MBA degree with all the pros associated, but are wary about taking a long break from work or have financial constraints, a one-year MBA just serves the purpose. More often, persons with slightly greater experience prefer to go in for a one-year program.

On the other hand, a lot of young professionals who are in a position to devote more time for an MBA, a two-year stint would work just right. This would give a wider coverage of the various subjects, longer duration of internship, more networking opportunities and thus greater exposure to all that an MBA has in store.

Exam

MBA Entrance Exam Name

Exam Date

Application Begins

Application Ends

Results

CAT

NOV

AUG

SEP

DEC last week (Tentative)

XAT

JAN

AUG Last week

NOV

JAN last week (Tentative)

CMAT

JAN 1st week

DEC

DEC (Tentative)

JAN

SNAP

DEC

AUG

NOV

JAN

NMAT by GMAC

OCT – DEC

JULY

OCT

JAN

IIFT

NOV

JULY

SEP

DEC (Tentative)

ATMA

DEC (Tentative)

OCT first week

DEC first week (Tentative)

DEC last week (Tentative)

IBSAT

DEC

AUG

DEC

JAN

MICAT

DEC

SEP

DEC

DEC

MAH-CET

MARCH (Tentative)

FEB (Tentative)

FEB (Tentative)

MAY (Tentative)

IRMA

JAN (Tentative)

SEP (Tentative)

DEC first week

FEB (Tentative)

KMAT

AUG (Tentative)

June (Tentative)

JULY (Tentative)

AUG (Tentative)

TANCET

MAY (Tentative)

APRIL (Tentative)

APRIL (Tentative)

JUNE (Tentative)

Famous Management alumni

Dr Raghuram Rajan, Ajay Banga, Avani Davda, Chetan Bhagat, Deep Kalra,  Indra Nooyi, Chanda Kocchar, Prasoon Joshi are only a few of the many MBA alumni who have reached the height of success with their hard work and dedication without compromising the values and principles in life.
These top national and international icons have excelled in different fields after getting their MBA graduation from one of the Indian Business schools and are the living inspiration of planning and hard work for MBA aspirants.

Lakhs of aspirants prepare every year to tame the CAT, XAT, CMAT, MAT, NMAT by GMAC among other exams to get admission in highly ranked MBA institutes. With Indian economy picking up and Modi government launching many schemes like Make in India and Start Up India, there was never a better time to opt for MBA

 

MBA Alumni join super CEOs club 

There is a long list of many super successful CEO’s and MD’s. A few of them are listed below which prove the reason for MBA being termed as the prized degree. If you wish to join this elite club, MBA is your way out.

 

Alumni

Designation

Dr Raghuram Rajan

RBI Governor & Global Authority on Financial Markets

Ajay Banga

President & CEO Master Card worldwide

Deep Kalra

DEO MakeMyTrip.com

Chetan Bhagat

Bestselling author

Indra Nooyi

Chairman & CEO of PepsiCo Worldwide

Rakesh Kapoor

CEO Reckitt Benckiser

Harit Nagpal

MD & CEO Tata Sky

Sanjay Verma

CEO Asia Pacific Cushman & Wakefield

Prasoon Joshi

Adman & National Award Winning Lyricist & Author

Avani Davda

Former CEO Tata Starbucks

Chanda Kocchar

CEO ICICI Bank

 

Illustrious Alumni of B-schools

It is not only IIM Ahmadabad, IIM Bangalore, IIM Calcutta or IIM Lucknow whose alumni are famous across the world. Other highly ranked university affiliated or private B-schools are also proud of their alumni. The following past and present alumni from few of the top B-schools reveal the carrier opportunity in their MBA programme offered to them.

The designations of the famous alumni shared below might have changed in a few cases.

 

IIM Ahmedabad: Notable past and present alumni

 

Late C K Prahalad, PGP 1966

Management Thought Leader 

John C. Camillus, PGP 1968

Donald R. Beall Professor of Strategic Management-Katz Graduate School of Business, University of Pittsburgh, USA 

Marti G. Subrahmanyam,  PGP 1969

Charles E. Merrill Professor of Finance, Economics and International Business-Stern School of Business, New York University

Beheruz Nariman Sethna,  PGP 1973

President & Professor of Business, University of West Georgia

Srikant M. Datar,     PGP 1978

Professor-Arthur Lowes Dickinson Chair at HBS

Pradeep Chintagunta, PGP 1986

Professor-Stanford University, USA

Raghuram Rajan, PGP 1987

Eric J. Gleacher Distinguished Service Professor of Finance-University of Chicago’s Graduate School of Business. Presently Governor Reserve Bank of India

Kiran Karnik, PGP 1968

Innovative and Strategic Thinker

Mallika V Sarabhhai, PGP 1974

Director-Darpana Academy, Ahmedabad

Vijay Mahajan, PGP 1980

Founder & Chairman, BASIX Group

Ashok Alexander, PGP 1978

India Country Director, Bill & Melinda Gates Foundation

M.P. Vasimalai, PGP 1993

Executive Director-DHAN Foundation, Madurai

Sanjeev Bikhchandani,  PGP 1989

Founder and Vice Chairman, naukri.com

Deep Kalra,  PGP 1992

CEO-MakeMyTrip.com, India’s leading online travel company

Roopa Kudva,  PGP 1986

Managing Director & Chief Executive Officer-CRISIL. Currently,  MD- Omidyar Network India Advisors and Omidyar Network partner 

 

 

IIM Bangalore:  Notable past and present alumni


Aswath Damodaran (PGP 1979) 

Kerschner Family Chairperson in Finance Education & Professor of Finance, Stern School of Business, New York University 

Gopal Krishna Nayak (PGP 1988)

Director IIIT Bhubanswar 

Raghavendra Rau

Sir Evelyn de Rothschild Professor of FinanceJudge Business SchoolUniversity of Cambridge

Nila Madhab Panda 

Film maker and director

Damodar Mall (PGP 1986),

CEO, Reliance Retail

Deepak Ohri

CEO, Lebua Hotels & Resorts

Malavika Harita (PGP 1982)

CEO, Saatchi & Saatchi Focus

Sameer Suneja (PGP 1994)

Global CEO, Perfetti Van Melle

Shashi Sinha (PGP 1981)

CEO, IPG India

K. Radhakrishnan (PGP 1976)

Former Chairman of ISRO

Hasmukh Adhia (PGPPM 2002)

Secretary, Ministry of Finance, Government of India

Ravi Neelakantan (PGP 1982)

 IFS Officer and Diplomat

 

IIM Calcutta: Notable past and present alumni


Sunil Alagh

Former MD and CEO of Britannia Industries

Ajit Balakrishnan

Founder and Chief Executive Officer of Rediff.com

Ashish Chauhan

MD and CEO, Bombay Stock Exchange

Pranay Chulet  

Co-founder and CEO of Quikr

Sunil Duggal

Chief Executive Officer of Dabur

Sabyasachi Hajara

Chairman and Managing Director, Shipping Corporation of India

Deepak Mohoni  

Stock market analyst, coined the term Sensex

T. V. Narendran

MD of Tata Steel

Indra Nooyi

Chairman and Chief Executive Officer, PepsiCo

Sudhakar Ram

Founder and CEO of Mastek

Nishi Vasudeva

Chairperson and Managing Director at Hindustan Petroleum; first woman ever to head a Navratna PSU

Gopal Vittal

CEO of Bharti Airtel (India)

 

IIM Lucknow: Notable past and present alumni

Shanmughan Manjunath

IOC Manager, who was murdered for opposing Corruption

Deepak Garg

CEO of Rivigo 

Gayatri Iyer

Playback singer

Gaurav Agarwal

UPSC Civil Services Exam 2013 AIR 1

RMA, Anand (Gujarat): Notable Alumni

R.S.Sodhi

Managing Director, GCMMF (AMUL)

Sivakumar Surampudi

Divisional Chief Executive, ITC Agri Business Division,Vice Chairman of ITC Infotech India Limited (Man behind e-choupal)

Sanjay Panigrahi

President, Pidilite Industries Limited

Ajay Desai

Senior President, YES Bank

Sanjay Gangopadhyay 

Marketing Director South East Asia at Nike

NMIMS, Mumbai: Notable Alumn

Aruna Jayanthi 

CEO, CapGemini India

Arijit Sarkar 

Director - Global Campaigns, Google

Avani Davda 

Ex-CEO, Tata Starbucks India

Vikas Bahl

Film Director (famous for the movie Queen)

Ravi Makhija

Regional Sr. Director - APAC & Japan, Oracle 

When we aspire to make India usher in the era of double digit growth, move on the path of Make in India, it may not come from a few developed urban pockets.  It is the task of the MBAs to develop the less developed areas and bring uniformity in the development, as MBAs have the right skills.

IIM Ahmedabad alumnus Santosh Desai, CEO, Future Brands, says, “The wonderful thing about the MBA is that one will not just be the manager, but also a creator. I think the most important future challenge would be how you are going to transcend the act of managers. In management institute, you are given the freedom to think and to face the challenges. It will be new because all the things are in you but nothing compels you to think independently as does the good MBA course.”

Value coupon to support education

Key criteria to choose right B-School

    India is the country that houses number of top ranked well renowned MBA/PGDM institutes. The total number of B-schools in all categories – University affiliated, Statutory, Autonomous and private are more than 3500. Out of them there are hundreds which offer high quality MBA education and are much sought after during admission season.

    Few of the well reputed and dream B-schools are-

     

    Indian Institutes of Management (IIMs)


    There are at present 20 IIMs in the country. Out of them 7 are in the category of old IIMs, 6 started operation in 2010-11 and another 6 were established in 2015-16. The 7th new IIM Jammu begins operation from 2016. IIMs are established under the IIM Act passed by the parliament. They offer PGDM which is equivalent to MBA and is recognized globally. Government of India is proposing to get approval from the Parliament to authorize all the IIMs to award MBA instead of PGDM 13 old and a little new IIMs detailed below are the dream campuses for the MBA aspirants.

    -- Indian Institute of Management (IIM) Ahmadabad

    • -- Indian Institute of Management (IIM), Bangalore
    • -- Indian Institute of Management (IIM), Calcutta
    • -- Indian Institute of Management (IIM), Lucknow
    • -- Indian Institute of Management (IIM), Indore
    • -- Indian Institute of Management (IIM), Kozhikode
    • -- Indian Institute of Management (IIM), Shillong
    • -- Indian Institute of Management (IIM), Kashipur
    • -- Indian Institute of Management (IIM), Raipur
    • -- Indian Institute of Management (IIM), Ranchi
    • -- Indian Institute of Management (IIM), Rohtak
    • -- Indian Institute of Management (IIM), Tiruchirappalli
    • -- Indian Institute of Management (IIM), Udaipur

     

    Other top B-schools


    Other top B-schools in India include the University affiliated autonomous B-schools, other autonomous B-schools and Private PGDM B-schools. These B-schools are second to none and compete with highest international education standard


    -- Faculty of Management Studies (FMS) University of Delhi, Delhi


    -- Indian Institute of Foreign Trade (IIFT) Delhi & Kolkata

    -- International Management Institute (IMI) Delhi


    -- Institute of Management Technology (IMT) Ghaziabad


    -- Indian School of Business (ISB) Hyderabad & Mohali 


    -- Jamnalal Bajaj Institute of Management Studies (JBIMS), University of Mumbai, Mumbai


    -- K J Somaiya Institute of Management Studies and Research (SIMSR), Mumbai


    -- Management Development Institute (MDI) Gurgaon


    -- T A Pai Management Institute (TAPMI) Manipal


    -- Xavier School of Management (XLRI) Jamshedpur


    -- Xavier Institute of Management, Bhubaneswar (XIMB)


    (All above names in alphabetic order)

     

    IITs & NITIE


    Focused more for engineers, IITs and NITIE offer high value MBA programmes. Few of the renowned programmes are conducted at – National Institute of Industrial Engineering (NITIE) MumbaiShailesh J Mehta School of Management (SJMSoM) IIT MumbaiDepartment of Management Studies (DMS) IIT Delhi

    • Department of Management Studies (IIT) Madras