MBA at Top Colleges for Management Quota Admission
Times have certainly changed from the 1990’s when an M.B.A degree from prestigious universities held immense value, both in India and abroad. Almost every graduate pursues an M.B.A but is it essential for a lucrative career? Before I delve into what role M.B.A plays in finance, especially corporate finance, KPO, capital market and the banking sector, it is essential to understand the expectations associated with M.B.A, as in whether the degree aligns with your long term career graph. M.B.A and its program benefits vary from one school to another. In this article we will be discussing about MBA at Top Colleges for Management Quota Admission.
** MBA at Top Colleges for Management Quota Admission **
Contact us for MBA at Top Colleges for Management Quota Admission at Ace1Guru+91-9742479101(Ankit Mishra) / +919742886036 (Anis)/+91-9035556036 (Mayur Gautam) /
Do you NEED an M.B.A?
** MBA at Top Colleges for Management Quota Admission **
A primary way in which M.B.A contributes to your career is by providing practical Mgmt. and leadership skills, which is a necessary trait to work and survive in any kind of organisation, whether it is banking or otherwise.
** MBA at Top Colleges for Management Quota Admission **
The nature of Mgmt. education has changed over the last few decades. Previously, the courses used to majorly focus on quantitative data analysis necessary in finance and its related operations. The quantitative aspect still resides but merges with more qualitative aspects so that M.B.A degree holders don’t have a myopic view of an organization and expands to aspects like organisational behavior, leadership and strategy.
** MBA at Top Colleges for Management Quota Admission **
Garth Saloner, the Dean of Stanford says: “The [quantitative] skills of finance and supply chain Mgmt. and accounting and so on, I think those have become more standardized in Mgmt. education, have become kind of what you think of as a hygiene factor: Everyone ought to know this.”
** MBA at Top Colleges for Management Quota Admission **
Over the years, quantitative skills imparted during M.B.A training stopped short of equipping learners with adequate skills. It was felt that as the career progressed, the learners needed to employ leadership and Mgmt. skills. For instance, senior people within an organisation require different interpersonal skills.
** MBA at Top Colleges for Management Quota Admission **
As Saloner goes on to say “the softer skill sets, the real leadership, the ability to work with others and through others, to execute, which is still in very scarce supply.”
Coming back to our discussion, the role of M.B.A in corporate finance, KPO, capital market and the banking industry is varied. Certainly, an M.B.A in Finance is suited to further career in various industries like investment services, commercial banking, corporate banking and real estate. The M.B.A course gives learners a chance to gain both financial and business skills, equipping them to work in variety of enterprises.
** MBA at Top Colleges for Management Quota Admission **
Even while still in M.B.A School, they get chances for high paid internship opportunities and much higher salaries on completions. The M.B.A programs are available on both full-time and part-time basis. The purpose of the M.B.A program is to offer foundation to subjects like Strategy, Economics, Leadership, Statistics and Marketing.
** MBA at Top Colleges for Management Quota Admission **
Certain schools offer a greater number of business-related courses in Mgmt. but the majority of courses focus on banking, financial and investment topics. If you are interested in joining any of the corporate finance, KPO, capital market and the banking market organisations, you should do M.B.A as it teaches risk Mgmt., stock market analysis, financial foundation, global economic growth, knowledge of financial instruments, futures and options, market trading, bankruptcy, market volatility, investment banking and corporate finance.
The Employ-ability Factor of M.B.A
** MBA at Top Colleges for Management Quota Admission **
Does having an M.B.A degree give access to favourable career options? Ultimately, the purpose of the degree is to acquire employable skills.
** MBA at Top Colleges for Management Quota Admission **
The employ-ability of M.B.A degree holders, again, is varied. An M.B.A in Finance or Business doesn’t guarantee entry into the world of corporate finance, KPO, capital market and the banking industries. All the four segments hire M.B.A degree holders’ right at the executive level.
** MBA at Top Colleges for Management Quota Admission **
The employability of an M.B.A degree holder is very less in a KPO when compared with banking, capital market and corporate finance world. A report by Aspiring Minds titled National Employability Report by M.B.As showed that the employability of M.B.As in the KPO sector is 2.92% and 7.98% for business consulting and Analyst function.
** MBA at Top Colleges for Management Quota Admission **
Between these two data, an Analyst finds better employability in KPO than those interested in the business side of KPO. This is because while Analysts may not have good spoken and written English skills, their data crunching skills are much in demand in not only in KPO but also in capital and investment markets.
** MBA at Top Colleges for Management Quota Admission **
Those who are involved in the business consulting role communicate with clients on a day-to-day basis, have excellent English speaking and writing skills and possess excellent quick thinking skills. The Aspiring Minds employability report states that M.B.A employability varies between males and females in both business consulting and Analyst function.
** MBA at Top Colleges for Management Quota Admission **
One of the major employability factors for M.B.A candidates is English scores – employers give higher value to the person’s spoken and written English skills. Further, there is a difference of employability between Tier I and Tier II cities; the employability curve falls drastically and the knowledge gap between Tier II and Tier III cities is too big.
** MBA at Top Colleges for Management Quota Admission **
As such, M.B.A candidates from Tier II and Tier III cities have to sweat more to find employment with M.B.A. As you must be aware, the capital market and investment sectors are somewhat of an elitist, their hiring processes are gruesome, they are tremendously ‘picky’ and look for various skills and knowledge-levels and only an M.B.A degree won’t suffice.
** MBA at Top Colleges for Management Quota Admission **
The employability is higher with colleges located in metro cities because employers believe the candidates there receive higher exposure and access to better education. It is seen that it is not the personality traits which reduce employability but domain knowledge and cognitive skills. M.B.A in Finance and Marketing candidates has higher employability in the KPO and Investment sector.
** MBA at Top Colleges for Management Quota Admission **
Talking about campus placements, best M.B.A colleges help candidates get hired 58% higher than the bottom M.B.A colleges which have an employability of only 2%. The average campus placement is 8% and only about 30% of the colleges show campus employability higher than 8%. Further many employable candidates aren’t campus hired because recruiters don’t visit beyond best 1000 campuses and lastly, 59% of the employable candidates are given Analyst position.
Conclusion about Earning an M.B.A Degree
** MBA at Top Colleges for Management Quota Admission **
The role and responsibilities that come with any of the finance industries vary and the purpose of M.B.A is to give you a foundational knowledge.
** MBA at Top Colleges for Management Quota Admission **
Knowledge and learning shouldn’t stop with completion of M.B.A; it continues and people like you should opt for advance courses more suitable to your respective finance fields. Today, short-term courses in core finance like these are more in demand due to its value for money aspect and job assistance.
** MBA at Top Colleges for Management Quota Admission **
Also Read:
- MBA Admissions under Management Quota in Top Colleges India
- General Doubts Regarding Direct MBA Admissions in Top College
- Direct MBA Admission in Symbiosis Institute of Business Management Pune
- MAT Exam 2018 Direct MBA Admission in Top College
So now it is the only appropriate time to take correct decision so that you can have a great future ahead. Get in touch with our Career Guidance Experts for MBA at Top Colleges for Management Quota Admission, by booking an appointment at our offices in Bangalore, Pune and Delhi. Contact us at Ace1Guru+91-9742479101(Ankit Mishra) / +919742886036 (Anis)/+91-9035556036 (Mayur Gautam) /
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