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Scope of MBA in India

MBA is one of the most professional and widely chosen programs in the world. The value of an MBA degree makes it superior to many other courses and degree programs. MBA graduates’ business and management skills such as strategic thinking, leadership, and decision-making are always in high demand in the corporate world as the degree of MBA acts as a pathway to reach the next level in one’s career. All the top management positions in the companies with high salary packages are led by professionals having an MBA degree. Apart from good career prospects, the degree program of MBA helps to develop the overall personality of the students as it lets them meet many people, including professors, faculty, and international students. Internships are a significant component of most of the MBA programs, which helps to get good industry exposure.

There are many colleges and universities in India offering MBA programs. The choice of the right college to pursue an MBA is significant. Top MBA Colleges in India include the IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and many others. Most of the good Institutes offering MBA degrees are present in Delhi, Mumbai, Chennai, and Kolkata. Delhi can be one of India’s most preferred cities for MBA education due to its. There are more than 130 MBA Colleges in Delhi, including private and government-run colleges and business schools. The MBA programs of IIT Delhi, IIM Rohtak, and FMS Delhi are world-renowned.

How to get into an IIM?

The Indian Institutes of Management (IIMs) are the best colleges to pursue an MBA in India. There are about 20 IIMs in India offering post-graduation executive programs. Studying in an IIM can be a dream of any MBA aspirant. But the most crucial question is: “How to get into an IIM?” The answer to this question starts with the Common Admission Test (CAT) which is required to be attempted by the students planning to get admission in IIM. CAT exam is highly competitive and is written by more than 2 lakh candidates competing for about 12,411seats in IIMs. A very high percentile is required to get shortlisted for IIMs. But only clearing the CAT cutoff is not enough. After CAT, the shortlisted candidates are called the IIMs for Written Test, Group Discussion, and Personal Interview. The past academic performance and work experience are also parameters which are reviewed by the IIMs. After clearing all the criteria, a candidate is likely to get admission to an IIM. Some other Top MBA Colleges in India accept CAT scores except IIMs like the Faculty of Management Studies, Delhi, S.P Jain Institute of Management and Research, Mumbai, Indian School of Business Hyderabad, etc.

Top MBA specializations in India

Another important question that comes in the mind of MBA aspirants is: “Which MBA specialization to choose?” The options are many. Let’s take a look at some of the top MBA specializations in India.
Finance: MBA in Finance provides several opportunities in the corporate sector. Accounting and Finance Managers are required by all companies to develop financial strategies and handle their finances. Career opportunities offered by MBA Finance are in investment banking, merchant banking, financial consultancies, etc.
Marketing: It is the most popular MBA specialization in India. MBA Marketing specialization provided by IIT Delhi, which is one of the Top MBA Colleges in Delhi, is one of the top-ranked courses in management across the globe. Marketing is a very dynamic field that can offer fast-paced growth. Advertising, sales, and marketing have become the most critical factors for any firm or brand’s growth and success.
Operations: MBA in Operations deals with the entire process flow in a business structure. A particular focus on skills like critical thinking, analytical approach, leadership, and problem-solving are given. Fields like supply chain management, quality control, production control, and inventory management are some of the best career outcomes after doing an MBA degree from Operations.
Information Technology: It is one of the most emerging MBA specializations. A combination of technical and management skills can be highly rewarding. This specialization opens up gates for many multinational companies. Indian professionals from the field of IT are in high demand in foreign countries too.
Human Resource: The HR Managers perform the vital roles of recruitment, training, job analysis, and monitoring. Some of the essential skills in this domain handle various internal and external issues, decision-making capability, keeping business operations smooth, and excellent communication skills. MBA colleges like IIM Lucknow, XLRI Jamshedpur, and MDI Gurgaon hold a record of 100% placements in their HR programs.

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