Mba: Value Addition To Your Career
An MBA course imbibes in the students, the capability and skills to maximize individual and organizational productivity. An MBA course prepares the students to meet the demands of the marketplace. Also the case methodology that is practiced by almost all MBA colleges is a thing that leaves the students with a great understanding of practical management knowledge and solutions. The Case-Method creates a classroom in which students succeed not by simply absorbing facts and theories, but also by exercising the skills of leadership and teamwork in the face of real problems. MGU Distance Courses also include MBA Programme through Distance or Regular Mode.
In India, MBA course is barely 50 years old. MBA Course in India began in the 1950s as a part-time education for practicing executives; only a few universities offered full-time management degrees. In 1961, the Government of India established IIM Calcutta and Ahmedabad in collaboration with the Sloan School of Management, MIT, and the Harvard Business School respectively. A full-time PG degree program of international quality in management was launched at the IIMs in India. By 1990, 82 university-based departments and schools of management were functioning in the country. Post liberalization, MBA education sector saw a massive growth. According to experts, there are close to 1800 MBA colleges operating in all parts of the country at present. To enroll one in a MBA course, one first needs to go through entrance tests like Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), GMAT and a dozen more similar exams. MBA is also an expensive affair in terms of time and money investment.
An MBA course equips the candidates with adequate skills to face the challenges of a corporate career. But some experts believe that the value addition of an MBA course largely depends on the candidate himself. Dr Venkat Ratnam, Director, International Management Institute, says, "Many students go through the same education but the outcome is different in each case. You and I may get admission into the same MBA College for the same course, but the outcome for both of us will not be the same. A candidate's mental makeup makes a lot of difference in what he or she is able to extract."
In India, MBA course is barely 50 years old. MBA Course in India began in the 1950s as a part-time education for practicing executives; only a few universities offered full-time management degrees. In 1961, the Government of India established IIM Calcutta and Ahmedabad in collaboration with the Sloan School of Management, MIT, and the Harvard Business School respectively. A full-time PG degree program of international quality in management was launched at the IIMs in India. By 1990, 82 university-based departments and schools of management were functioning in the country. Post liberalization, MBA education sector saw a massive growth. According to experts, there are close to 1800 MBA colleges operating in all parts of the country at present. To enroll one in a MBA course, one first needs to go through entrance tests like Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), GMAT and a dozen more similar exams. MBA is also an expensive affair in terms of time and money investment.
An MBA course equips the candidates with adequate skills to face the challenges of a corporate career. But some experts believe that the value addition of an MBA course largely depends on the candidate himself. Dr Venkat Ratnam, Director, International Management Institute, says, "Many students go through the same education but the outcome is different in each case. You and I may get admission into the same MBA College for the same course, but the outcome for both of us will not be the same. A candidate's mental makeup makes a lot of difference in what he or she is able to extract."
