Top MBA Colleges in India – The Breeding Ground For World Class Professionals
India has got a special place at the world map so far as imparting managerial education and nurturing industry-ready professionals are concerned. MBA that's the contraction for Master in Business Administration is the most sought-after course in India as well as abroad. This 2-year course is generally pursued after graduation. Luckily, students in this nation have access to some of the top MBA programs in the entire world. These programs are offered by famous institutes like IIMs, XLRI, FMS-Delhi, MDI, etc..
The need for world-class managers is always felt by different industries like IT, hospitality, automobile, insurance, FMCG and many more. To fulfill this growing need for efficient supervisors, many control institutes are coming up in a variety of areas of the country. However, Indian Institute of Management or IIMs would be the top MBA schools in India with excellent track record since their beginning.
The youth in India is frequently opting for MBA after completing their graduation as the course offers plenty of expansion opportunities for them. It certainly assists them in scaling up the corporate ladder quickly. As effective management is turning out to be an integral part of any company, the demand for MBA professionals is rising day by day.
The reach of MBA is very wide-ranging in comparison to any other classes. A management graduate consistently has the opportunity to work in almost any sector of his taste. The pay packages are always appealing and contain allowances and other emoluments to increase the standard of living. Graduates passing out from leading MBA schools in India have occupied high positions in many corporate homes. Apart from building careers in the corporate sector, an individual can become an entrepreneur, or function at co-operatives and NGOs as the choices are simply infinite.
Different MBA and post-graduate diploma in management or PGDM courses are designed in such a way that they exude multi-dimensional and multi-tasking capabilities from the graduates, therefore making them least influenced by recession of market or changes in business environment. For example, a MBA professional with finance specialty does not necessarily feel the warmth once the finance sector experiences stagnation. He could always maintain his career growth by getting into the marketing of their financial services (e.g. marketing of insurance products).
The best MBA or PGDM institutes in India offer specialty in subjects including finance, human resources, marketing, performance, banking and insurance, international organization, and IT and systems. Specialization in niche areas such as hospitality management, event management and style engineering will also be offered.
The admission into its top Post Graduate Program in Management (PGP) applications is conducted via Common Entrance Test (CAT).
It chooses candidates for its applications through the all-India entry examination known as XAT.
The wages of MBA graduates depends upon the standing and credibility of the business schools. Students from IIMs are constantly known for getting the best salary packages all around the country.
As per the placement records of 2010, there is an average 25 percent increase in ordinary national salaries across best MBA colleges in India. As an instance, IIM-Calcutta has listed an average salary of Rs. 15 lakh for the year 2010. Many other business schools also have similar encouraging news associated with wages. Numerous international blue chip companies such as Mckinsey & Co, The Boston Consulting Group, Bain and Company, etc. . hired scholars type these institutes.