Most graduates are shocked when they hear the low salary packages that they are offered after they complete their degrees in various streams such as engineering, arts, commerce and others, from variety of institutions which are in the lower tier categories. In the hopes to earn better pay a majority of graduates take the leap to pursue MBA. While all the MBA aspirants study to write entrance exams to enter the best B-schools in the country, they fail to secure a seat in the same and hence join B-schools where the quality of education is not good. There are a few things that graduates should look at before joining an MBA program such as purpose to pursue an MBA, evaluating the right MBA program and selecting the right B-schools.
Purpose to pursue an MBA
A good number of graduates in India decide to pursue an MBA for reasons such as peer pressure and better pay package. A professional degree such as MBA should be taken up to have better career opportunities, a better business network, acquire new skills and knowledge and last but not least is to have a holistic perspective of the business world. By pursuing the MBA degree from a reputed B-School, management professionals will be able to boost their career opportunities tremendously. Through the interactions they have with their faculty members and fellow classmates, students can enhance their business network and will be able to seize the best opportunities. But all of this will only be possible after they are able to acquire the necessary knowledge and new skill sets to navigate through the higher levels of the corporate organizations.
Evaluating the Right Program and B-School
It is important to decide which format of the MBA program you will want to pursue. While the majority of MBA aspirants will pursue a full time two year program, there are others who would sign up for a One year or a part time MBA or an Executive MBA. These programs are designed to guide working professionals who would like to enhance their skill set while working. It is important that aspirants also take a really close look at the curriculum and teaching methodologies applied to teach the course. In case a student is pursuing a full time course, they must ensure that a compulsory summer internship is part of their curriculum as this will help them in understanding the workings of the corporate world better and which skills and knowledge they need to posses. However, while selecting the right program they should take a look at the variety of B-Schools in the market. In India, there are over 3300 b-schools, but only the top 200 to 300 institutions are worth entering which will provide them all the necessary aspects to be part of a successful corporate organization. Aspirants should take a look at the programs, electives, faculty and placements of these B-Schools before attending the entrance exams such as CAT/MAT/XAT and GMAT.