The Top 10 Reasons to Get an MBA

To get a top job

To learn industrystandard practices

To build contacts

To increase your salary potential

To make a career transition

To earn a widelyrecognized top credential

To increase your business knowledge and skills

To challenge yourself

To become a consultant

To gain an in-depth understanding of the business world

Types of Jobs after you do an MBA

An MBA degree is recommendable if you are looking for good position jobs like CEO, CIO, CFO or any other top job

Management Jobs:
In a company, senior management jobs are offered to the employees who have some management degree like MBA

The candidates how have Consumer banking jobs deliver financial services to individual customers. Commercial banking jobs deliver financial services to businesses

Human resources jobs

Manage employee placement, salaries, and training Bank administration / accounting job Bank administration / accounting jobs maintain the banks internal operations

The candidate have Corporate Finance jobs Assistance Company fined money, develop the business, build acquisitions, plan for its financial future and manage any cash on hand.

Executive Jobs

Banking Jobs

Finance Jobs

Types of Jobs after you do an MBA

Money Management job Insurance jobs Real Estate jobs Marketing Jobs
Product Management jobs have obligations admitting marketing and development of products of all types. Advertising jobs cover every media outlet including newspapers, magazines, TV, radio, and the Internet. Retailing jobs includes store management, buying, and merchandising

Money Management jobs manage stocks and bonds for institutional clients and are on the buy side of Wall Street

Insurance Jobs assist someone and business manages risk to protect themselves from catastrophic losses and to anticipate potential risk problems.

Real Estate Jobs cover area such as title insurance, construction, mortgage banking, property management, real estate appraisals, brokerage and leasing, and real estate development

Exploring Graduate Business Degrees

Financial Questions Do I need to work full time while going to school? Will the company I work for sponsor my education? Do I need financial aid, including loans or a scholarship? Do I prefer to have financial aid? Do I need to spread the cost of an MBA out to minimize my debt? Lifestyle Questions Work/life Balance Could I handle a full-time workload and full-time course load? Is it important that the school offer peer groups of people with my interests and experience level? Will I want total immersion (activities outside of class and my network)? Am I ready to assume the responsibilities of an MBA-level position? Family Considerations What special needs might my family have? Will my spouse need to relocate and enter a new job market? Is there a school-run organization to help spouses and families? Program Style Will I stay with my current employer after I earn my degree? What kind of learning environments work best for me? What biases exist in my targeted industry or company that could affect my choice of program type? Do I already have a functional or industry specialty? Do I need an MBA to develop a functional/industry specialty? Location Do I want to study in my home country, within my region, or abroad? Will the local business community be an advantage? A disadvantage? (Consider the schools access to speakers, the availability of local internships, and access to local companies for class projects) School Culture Does the prevailing culture of a school fit with my personality? Do I like the dominant personalities of the student body, staff, faculty, and alumni?

Figuring Out Your Finances

Start Your Planning Early Even while youre thinking about applying to business school, you should start to get your finances in orderconsider saving some money to pay for at least a part of the cost of your education.. Consider the Pros and Cons of Borrowing There are two big ifs in the financial aid process: The school has to approve your application for financial aid. A lender has to loan you the actual money. Before you apply, you should reduce as much of your personal debt as possible and make sure you are up to date on all credit card payments and outstanding loans. Even if you are a credit risk, a school may or may not allow you to borrow the maximum a lender will approve. The school uses an estimated cost of education and living expenses to figure out what you should borrow, which may be less than the maximum you could borrow. If you decide to spend more than what the school estimates you should spend, you will be responsible for those extra expenses. Take a Closer Look at Loans Loans can be a good way to finance your business education, but avoid borrowing more than you actually need. Remember that loans are paid back over time, with interest accruing, so be careful to not borrow so much that its a struggle to make the monthly repayments after you graduate. Review Your Financial Big Picture Look at your total costs: Total cost of tuition and related academic expenses compare the costs of each school you are considering in order to make the best choice. Total cost of livingfactor in the location of each school Availability of financial aid Opportunity costsestimate a modest starting salary and compare your projected earnings over the next several years with and without a graduate business degree.

Steps to a Graduate Business Degree

1.Start Smart Self Assess

5.Choose Your School and Program

2. Decide Your Career Path

4. The GMAT

3. Know Yourself

So, who are MBAs? Could you be one of them?

Theres no magic formula for the perfect undergraduate major, set of academic achievements, pre-MBA work experience and extracurricular accomplishments, essays, interviews, or references. Nor is there a common career goal or industry in which they aspire to work. What MBAs have in common is motivation, self-knowledge, realistic career goals, and a desire to learn and grow. Pre-MBA Work Experience Talk to MBAs, and you're likely to meet one who has: Worked in investment banking Run a non-profit company Worked in sales Worked as an engineer Been a policy analyst for a government organization Worked as a consultant Worked as a copywriter for an ad agency Designed websites Worked as a compensation analyst for a corporation Been an auditor Worked as a researcher or an economist The MBA is right for all these peopleas long as they show management talent and a track record of performance in their pre-MBA work, the two things employers look for in new MBA hires.

MBA Prospects in India

Successful completion of MBA courses can offer you at least the following options Fast-track growth in professional career Being an entrepreneur, you can set up your own business Opportunity to explore Becoming a leader in an emerging field Developing business knowledge and technical skills Accept the MBA programme as a challenge by setting your personal and career objectives. Utilize the Masters of Business Administration degree for closing gaps lying within your skills and qualifications for advancing your management career. There is huge demand of talented and hard working people in the corporate sector these days. Your enthusiasm and hunger for success will surely make you amongst top entrepreneurs of the world.

What is a MBA?
An MBA is a post graduate degree in business communication. MBA stands for Masters of Business Administration and is a very popular course for business students the world over. The MBA program is recognized worldwide and is considered as a major step towards a successful business management career.

Why an MBA?
The MBA qualification broadens and enhances knowledge and should be viewed in a sense of building up skills. Although the most popular reasons for undertaking the MBA is to increase salary, other reasons include widening career opportunities, furthering ones career and/or to extend personal networks. There are other equally important reasons that any prospective MBA student will state, but by far the most compelling is to create career opportunities for oneself. At the end of an MBA programme, one emerges with an upper level of functional managerial and business issues as well as new conceptual skills ready to meet the demands that are set by the competitiveness around us.

Scope of MBA
The scope for a MBA graduate is unparalleled. Apart from attractive pay packets and placements being offered at college-level itself, it opens doors to various sectoral opportunities. The Indian Corporate world has seen many MBA professionals occupying top slots in the corporate ladder. Apart from Corporate careers, one can opt for entrepreneurship, work in co-operatives, NGO's as the opportunities are literally unlimited.

Even when the industry goes through Recession. MBAs are the first in and among the first out, thereby reaping the benefits of a rising industry and the smartness of exiting to a different industry when the fall happened. This is due to the multi-dimensional, multitasking quality an MBA possesses

With an MBA, you can:

Advance your career
Whether you're a doctor, an engineer, or an editor for your local newspaper, a graduate business degree can prepare you to move into a managerial position within your field. Change your career If your current career path is a less than perfect fit for your aptitudes and interests, business school can give you the opportunity to explore your options, then provide you with the training you need to change careers entirely.

 Set up your own business Interested in starting your own business but not sure that you have the necessary expertise to launch a start-up in a high-growth industry Research has shown that the failure rate for small businesses started by an MBA is about 50 percent less than the standard failure rate. Develop technical skill and business Knowledge MBA programe will put you on the fast-track to career advancement by offering you the chance to develop a wide range of general business knowledge and a broad base of technical skill in a relatively short period of time.

Admission Process
Eligibility
Masters Degree / Post-Graduate Diploma in Management are : A Bachelors Degree (or equivalent) in any discipline, with at least 50% aggregate marks (45% for reserved categories) OR Appearing at the final-year examination of a post 10+2 course. of minimum three years duration, leading to an award of a Bachelors Degree, in any discipline of a statutory university in India (so recognised by the Association of Indian Universities) OR Post-Graduate applicants having at least 50% marks (45% for reserved categories) in either their Bachelors or Post-Graduate Degrees. Note : Some institutes also require that applicants have 50% at 10th and/or 12th level. Some also have higher eligibility percentages (55-60%) at graduation level.

The minimum requirements for almost all institutes to seek admission to their

 Prospectus and Application Forms Most institutes advertise in all leading newspapers, indicating where, when and how interested candidates may apply for prospectus and application forms. The Prospectus for various institutes are priced anywhere between Rs. 300/- to Rs. 1000/-. Most of the institutes include the examination fee in this price. However some may ask for additional amount as examination fee. Considering the high cost of appearing for an entrance test, it is advised that students must plan out in advance about which exams they would like to take up seriously and fill up only those forms. Written Test The first phase of selection of candidates for admission to the Masters / PostGraduate Diploma in Management is on the basis of their performance in a Written Test. This seeks to test the aptitude of the candidates in four major areas - Verbal Ability, Reading Comprehension, Quantitative Ability and Business Data Interpretation. Some institutes also ask Business and General Awareness questions while some may include an essay writing section. Group Discussion & Interview After the entrance exam every institute shortlists candidates for qualitative assessment which mainly includes two stages. Group Discussion. Personal Interview.

With an MBA, you can

Advance your career Change your career Set-up your own business Develop technical skill & Business knowledge Become a leader in an emerging field Network

Desired Traits Employers Seek in New 2011 MBA Hires

Initiative Professionalism Motivation Integrity Ability to deal effectively with pressure/obstacles Achievement/goal orientation Innovation/creativity Adaptability Collaboration Efficiency Listening ability Discipline Persuasiveness Cross-cultural sensitivity Diplomacy/tact Capacity and willingness to follow a leader Empathy 77% 77% 76% 76% 75% 74% 68% 68% 65% 49% 48% 45% 39% 39% 33% 30% 25%

10 Things Employers Want From A New Hire

1) 2) 3) 4) 5) 6) 7) 8) 9) 10) Communication Skills Honesty / Integrity Teamwork Skills Interpersonal Skills Motivation Initiative Strong work Ethic Analytical Skills Flexibility / Adaptability Computer Skills Self-Confidence