MBA is one course that provides students with excellent career opportunities in addition to good salaries. Many Indian students join institutes of management in India or go for their studies abroad. Details on how to prepare for this course is given below.

What exactly is an MBA?

The Masters in Business Administration is a postgraduate level degree. The course is designed to help aspirants handle responsibilities at the managerial level. This degree is offered to students under a variety of names like as Post Graduate School of Business Administration (PGDBA), Master in Management Studies (MMS), Post Graduate Diploma Course in Business Management (PGDBM) etc.

Specializations offered in MBA

Many specializations are offered in the MBA program. Students can opt for any of these prior to the beginning of their course. The specializations encompass:

• Finance
• Marketing
• Human Resource Management
• Systems

Finance and Marketing are two areas that are opted by the majority of students. Almost 75 percent of MBA’s specialize in either of these groups. Besides this, Systems, Operations and HRM are options that are becoming popular with time.

The basic reason for the MBA course to get this much popularity is the high salaries offered to students of MBA. In addition to this, respectable positions can be got with prestigious organizations. The best thing about this program is the campus placement, but students must ensure that the college that they chose is one of the top 15 as to get good placement opportunities.

Can anybody pursue an MBA?

People who have completed their graduation in any stream can apply for the MBA degree. Those who are in their final year are eligible to apply as well. Which field the aspirants’ graduates in is not a problem. It won’t even matter if the students have got their degree by correspondence or full time. It is required for them to have more than 50 percent marks in their graduation.

Selection of students to the MBA course is done by way of their marks scored in the Management Admission Test or any other equivalent test. This test shall generally have MCQ’s with topics from:

• Logical Skills
• Verbal Skills
• Quantitative Skills
• General Awareness

Selection process of candidates for MBA

The first stage is the written exam. Time is one thing all aspirants must learn to manage well. It is also needed for them to have sharp thinking skills. There is a chance for many students to get rejected in the 1st round itself, but, there is no need for a person to get dejected over this. With determination one will be able to succeed.

The second stage of the examination consists of the interaction of the candidate with other aspirants and the panel of judges. Group Discussions as well as Personal Interviews shall be carried out by the concerned institution. The main intention of these methods is to allow the panel to see the aspirants’ overall personality in addition to communication skills. Besides this, they will also be able to determine the potential the candidate has.

These three procedures are very much crucial as the performance of the students will determine their selection. Those who do not show their best performance will get eliminated. The majority of institutions give weightage to these factors. The scholastic achievements of the candidate and work experience of the candidate shall be taken into consideration as well.

There is no reason at all for a person to get worried about when to join the MBA course. Students from a variety of fields can join this course. Some might have work experience, some might not. The one common factor that unites all these candidates is their desire to pursue the course of their choice.