Walking into Business Management World
An MBA (Master of Business Administration) degree can help advance both your professional and personal goals. Some of the most common reasons to join for an MBA degree are for getting higher pay packages, to explore new job opportunities, changing/advancing career path, and to develop leadership and business management skills. In an MBA program, you will also create a lot of professional and personal networks via teachers, friends, and alumni that will help you sooner or later to advance your career. There will also be a plethora of chances to learn about different business topics. This can further help to develop a focus in a niche area of interest. But as in the case of any professional degree, the first and most important step while pursuing an MBA is to choose the right institution. ITM University is one of the best among top tier institutes in the country. It is a multidisciplinary private university established in the year 2006 in Gwalior. Registrations for the ITM University Gwalior Admission 2020 have started on the institute website.
How to Enroll for an MBA?
The admissions to MBA degree in the country is through the various entrance examinations with CAT (Common Admission Test) being the most popular. The candidates should have passed and held a higher secondary (10+2) education certificate to be eligible for admissions to B-Schools in the country. Top institutes will have CAT cut-offs in the higher range. Therefore, candidates should have prepared well and scored well in the exam to have a chance of being selected for the further process of admission. Selections for ITM University Gwalior Admission 2020 can also be obtained through CMAT/MAT/XAT/ATMA other than CAT. Written tests, Interviews, and Group discussions will also be conducted for postgraduate courses with due consideration to academic record and work experience.
Benefits of MBA
MBA programs help develop soft skills that yield professional success. According to studies, these are some of the soft skills necessary for business success which are developed throughout the MBA course:
- Innovation: developing new ideas/creating approaches
- Operational Thinking: managing priorities/resources/time
- Decision Making: assessing risks/opportunities/alternatives
- Collaboration: developing relationships/meeting team goals
- Interpersonal Intuition: Using words/tones/cues for persuasion
- Resilience: thriving under pressure & rebounding quickly
- Drive: going the extra mile and being accountable for results
- Strategic Self-Awareness: knowing your strengths/weaknesses
- Valuing Others: treating colleagues with respect
- Strategic Vision: synthesizing ideas/data
Leadership is another big component of MBA programs. Most of the learnings throughout the course will involve team projects that enable students to test out their leadership skills. You can also take advantage of professional associations with executive boards/committees, and you will have the opportunity to collaborate, and learn from, a wide demographic of peers – from different generations, countries, work experiences, and academic backgrounds.
Experiential opportunities such as internships are also another component of MBA programs. Most MBA programs have made internships mandatory, while others offer internships for credit. Additional perks of the program include company tours, job shadows, consulting projects, and externships. Gaining real-world work experience is crucial for you as is the need to develop contacts and skills that will compliment your MBA coursework and make you desirable for full-time employment. The more experiences you can get during your MBA program, the more experiences and skills you will have to sell to future employers.
Should You Pursue an MBA?
An MBA program will be the best for you if you have a clear idea of what you want for a career and can illustrate how an MBA will assist you in accomplishing your short as well as long term personal and career goals. The rigorous curriculum of an MBA is best suited to a student or professional who has a clear direction. The more you know your interests and career goals, the better you can evaluate institutes, programs, and courses.
The Money Involved
An MBA degree is a high profile postgraduate degree, commands a very high investment requirement. Top business schools have course fees in the range of ₹15 to ₹25 lakhs. ITM Fee Structure for the program is one of the lowest among the top tier colleges at ₹3 lakhs. With an average package in the range of ₹2-3 lakhs in the placements, the institute commands an exceptional ROI (Return on Investment) when comparing with other similar institutes. Almost all of the batch is placed every year at high profiles in big companies such as Infosys, Capgemini, Cognizant, Toyota, General Motors, Reliance among others who are the top recruiters hiring from the institute. The strong Alumni network of the institute also ensures the best internship and placement opportunities every year. ITM Fee Structure also allows concessions in the form of scholarships on the basis of merit and financial capability while loans are also easily made available.