MBA or Masters of Business Administration program is one course that has popularity all over the globe. This postgraduate level degree is meant to train students to develop managerial skills and enhance their business ideas. Many years back, MBA used to be a course that is very specialized. This was because only a very few students opted to go or this course. This has now changed a lot.

Due to the rise of our country as an economic superpower, the demand for quality managers has gone up. This is one of the main reasons why we see that more students prefer this field. One must understand that a degree in MBA will not only help in getting better lucrative jobs but also to get a good position in the society. But one thing one should understand is that the aspirants should make sure that they study the course from a reputed institute.

There is provision for a student to study the 2 year MBA degree or certificate or diploma by full time or even by part time. The one thing that matters really are the quality of the course opted.

Numerous top notch B- Schools are there in our country that provide students with quality instruction. But some of these institutions do not operate at the desired level and have not been able to make a mark. Due to this, it is imperative for the students to select an institution as the MBA course will be quite pricey and unless they select a good institution they will not be able to get the best return on investment on it.

Present scenario of MBA

Currently MBA is the degree that is being chosen by the majority of students today. Many students who complete the following undergraduate courses look forward for doing a course in MBA:

• Bachelor of Business Administration (BBA)
• Bachelor of Commerce (B.Com)
• Bachelor of Engineering (B.E)
• Bachelor of Technology (B.Tech)

The main reason behind this is the great career prospects associated with this. But things are in such a condition that the number of MBA students present in the industry today is more than the level of requirement.

New trends

The market trends as well as the competition amongst the students have gone up in the recent years. Only the best will get the opportunity to get a good job that pays well. Besides this, the competition for a student to study in a top B – School is quite high as well. This is because good B – Schools such as the IIM’s offer good job placements and the jobs thus got will be very secure. Though the number of seats available in the institutes are the same, the number of aspirants who compete for this seat are much high. Because of this, the competition for seats in MBA is very high nowadays.