A Master of Business Administration (MBA) degree is one of the most talked about as well as the most sought after professional degrees in India. The demand for qualified professionals who can discharge their managerial duties well is at an all-time high with management graduates from top B. Schools commanding astronomical salaries. One of the most popular and rewarding degree, an MBA prepares students for mid and senior level management positions in different organizations operating across myriad number of sectors.
Qualified MBA professionals are in high demand but that does not mean you can choose to do MBA from any management institute and still hope to get a pay check with the right number of zeroes at the end of every month. There is no dearth of management institutes in India who are just in the business to cash on the popularity of MBA degree and make some quick money in the process. You are living in a fool’s paradise if you think that a degree from these inferior management institutes can get you a high paying job with some top firm. In fact nothing could be further from the truth as these second string business schools neither have the infrastructure or the faculty to provide a solid education that is of immediate practical relevance in the marketplace. They are only interested in making money and more or less offer no placement assistance or opportunities.
An MBA degree on the other hand from a good business school is worth its weight in gold. Rooted in excellence, MBA program of well-established business schools lets you explore innovation, successful leadership strategies and sustainable business practices. The knowledge they impart is of immediate practical relevance thus ensuring their students are quickly lapped up by top corporations from India and abroad.
An MBA degree from a reputable business school is a sure-fire guarantor of rewarding and financially stable career opportunities. This fact is not lost on other MBA aspirants who make it a point to apply to all good business schools. Nothing in life worth having is easily achieved and an MBA degree from an established management school should be no exception to it. Top business schools attract applications usually in the ratio of 100:1. What it means is that there are 100 hundred applicants applying for a single seat. If you want to bag that seat, you have to prove that you are better than 99 others. This by any stretch of imagination is not easy and you have to put in tremendous amount of hard work and self-discipline to secure admission in a business school that offers highly revered MBA degree. This is though only half the story as you have to study extremely hard to secure good grades during the two years of your MBA program.
Apart from time, MBA is also a serious investment of money. A good management institute anywhere in India is unlikely to have a fee structure that does not run into several lakhs of rupees. The good thing is that with top placement opportunities these management schools offer, the return on investment (ROI) is pretty high and you are most likely to recover your investment within a couple of years of passing out.
The MBA application process, the point where you finally decide to take a deep plunge into the unknown as such should be done after careful deliberations and taking vital parameters into account.
Separating the wheat from the chaff—selecting the best management colleges which offers the best MBA programs in Lucknow or for that matter anywhere else in India should be your top most priority.
It is imperative that you do not let peer pressure or any other factors influence your decision and coax you into taking admission in a pedestrian institute which lacks both the quality and the infrastructure to produce qualified managers who can make meaningful contributions in their respective organizations.
The GMAT (Graduate Management Admission Test) is a 3½-hour standardized exam designed to predict how test takers will perform academically in MBA (Masters in Business Administration) programs. About two-thirds of the 2,000+ graduate business schools offer admission to their MBA program based on the GMAT score. However, there are quite a few quality colleges who offer MBA programs without GMAT. Such institutes use another test GRE General Test scores as an alternative to GMAT scores.