You are a qualified IT professional with a work experience of 10+ years. So far the journey has been quite exciting for you and the career graph attained new heights of success every three years. However, the situation seems to be a little tough now. Not only the growth rate decelerates, but there is a threat from newcomers as well. What is the remedy for it? Rejuvenate the charm and thrill of professional life by Pursuing MBA in Karnataka. Many professionals are following the path, and it has been the ultimate key to happiness for everyone!
Why do people prefer MBA after a long gap?
Well, there are two types of professionals. The first category of professionals completes their MBA along with technical degree and then step into the professional world. Though they are late entrants, they do not face any hurdle in the path of success afterward. The second category of people enters professional world after completing the technical degree (BE or MCA in IT). They climb organization ladder pretty fast, but face bottleneck later, as mentioned above. They feel the need of acquiring MBA degree for further growth. Apart from this, there are three major drivers for Pursuing MBA in Karnataka.
- They want to switch career: It is a fact, that business schools make a person effective by transforming the personality. They teach the way of handling situations, managing people and organizing the teams. When professionals want to switch the career, they need full command at MBA degree builds that confidence. Since the degree course talks about salient aspects of financial management, organizational behavior, and management accounting. It also teaches the concepts of marketing management, advertizing and product development. All these skills help when people change jobs.
- When it is a professional demand: It could be either a demand from the existing company or the company they are looking for. If MBA is the minimum eligibility criteria, then people want to attain it as early as possible.
- They reach the maximum height: When employees hit the ceiling, there is no alternative than acquiring additional skills. Once an employee reaches a level where he enjoys the maximum salaries, perks and job responsibility in his cadre, there is no scope for further growth. To climb further, they have to raise the bar. Pursuing MBA in Karnataka is the best way of it.
These three driving forces motivate people attend MBA course.
The MBA colleges in Karnataka offers highly standard education compared to other states in India. Moreover the state has plenty of job opportunities for management graduates.
Surely, students attending the full-time MBA course from Prominent MBA colleges Bangalore find it difficult to network with others because of time constraint. However, experts say that they should try to do it as much as possible. They should meet fellow students, seniors and teachers after the lectures and keep cordial relations with them. Know about their perception and expectations of the degree. Make groups and exchange ideas. Experts say that it is like an investment which will give returns in the career. Networking and personal relations play a pivotal role in the professional life. When people know you well, and they remember your capabilities, they will call you when there is an opportunity matching your capabilities.
Since you are in touch with them, they have your contact details. Remember, it is not a one-way process. The moment you have some awesome opportunity that one of your close friends is fit for, you dial his or her number. Since you know the strengths and weaknesses of the person, there is no element of surprise. Experts suggest that creating close networking groups are greatly beneficial in professional fields like MBA. Interpersonal relations have the potential of giving a great thrust to the career even if you have acquired a degree from one of the Prominent MBA colleges Bangalore.
It is quite beneficial to have a huge network of fellow students when one acquires the degree of MBA. There are two reasons behind it. Firstly, you do not know what will be your career path and how well (or not so well) you will be positioned on the career graph. The networking will immensely help in grabbing brilliant career opportunities if you are struggling for success. If you are already successful and enjoying a key position in the organization, then the networking will bring good resources in the fleet. You will successfully bring some of the efficient people on board.
Social networking, the quick and easy tool
As compare to the earlier days, it is quite easy and handy to remain connected to the people. Thanks to the immense popularity of the social media, now you can keep in touch with as many people as you can. Not only web-based tools like Facebook, Twitter and LinkedIn, but handheld based tools like WhatsApp and Hike also keep everyone closely connected. You know what people are doing, what they have accomplished and what their existing work profile is? Thus, you tap the right resource at the right moment.
The prominent mba universities in Bangalore help the students all over India to mould their career in management field.
Hiring is in the full swing in India. Small medium and large, all kinds of establishments need a talented and educated workforce. As the government encourages new business and startups, there is a cheer and enthusiasm around. The capabilities of Indians have been recognized by entrepreneurs globally. No wonder, professional degree courses like the MBA become the heartthrob of the Generation Next. Since management courses are greatly application oriented, more students prefer them. Management degree from reputed MBA College Bangalore brings a high probability of getting absorbed in reputed organizations.
Which college to seek admission into?
It is a fact that Management degree brings high professional prospects, but it is equally true that the name of the institute is equally important. Not all colleges have a good reputation (some are notorious rather). Therefore, one should be very choosy and skeptical while seeking admission for MBA. There is nothing wrong in being passionate about the MBA degree, but it is not the right thing to take admission hastily in any institute.
Streams of MBA degree
MBA program has several specializations like Management, HR, Finance, Communication and Information Technology and each stream is important in the respective context. Each MBA College Bangalore is not proficient in offering the best quality education in all the streams. Some might have excellent infrastructure and faculty for Finance stream, and some might be an expert in the Information Technology. Hence, you should do a thorough research and homework.
- Finance: It is the oldest and the most sought stream. MBA Finance has incredible job potential. A majority of Chartered Accountants also go for MBA finance. It adds a value to the resume.
- Information Technology: IT is the number one job provider in the country. MBA in IT is considered the best option for those who want to go in the techno-management stream.
- Tourism and hospitality management: There is a phenomenal increase in the tourism and hospitality market. India is one of the leading tourist places in the world. MBA degree in hospitality and tourism guarantees good jobs in the niche. Since there are limited resources in the market, students get good breaks and salaries.
- Human resources: MBA in Human Resource is an all-time hit stream. If a student has an interest in resource management and people management, then it is the best thing to do MBA in HR. The stream opens exciting job opportunities in small, medium and large enterprises, national and multinational.
As the Indian economy grows phenomenally and the perspective becomes global, innovative MBA course brings superb career growth.
Getting MBA Admission in Bangalore from very good colleges is not an easy cake walk. Students need to score well in their academics.
After Maharashtra, Delhi, and other states, Bangalore also feels the crisis of scarcity of students in MBA classes. It was quite shocking and surprising to see so many vacancies after a consecutive boom for a decade. The sudden disinterest worries B-schools because it is greatly difficult to maintain top lines and bottom lines in light of such a lukewarm response. Managing MBA School is a costly affair, and a college can expect high profitability only when the seats are fully occupied. Even a drop of 10 percent makes a huge difference. There are several reasons for MBA seats in Bangalore remain unfilled this year.
Does it show that the craze is over?
Well, some people who have been a critic of MBA course find a strong reason to say that the craze of MBA is over now. They feel that students don’t find it exciting further. High availability of MBA colleges and drop in the initial package offered to freshers make it no interesting further. Every year thousands of substandard colleges pop-up where poor quality of education is offered. The infrastructure is pathetic, and faculty is low standard.
However, there are quite a few experts who feel that the hit is faced by substandard institutes only. Good quality MBA schools still attract a large number of students and there is a big rush for the limited vacancies. It means that the craze of MBA is still at the peak. The only thing is, students become skeptical and choosy. They do not want to get MBA degree just for the sake of formality, but there is an urge of acquiring in-depth knowledge of the subjects.
Placement becomes a critical aspect
It seems that MBA course follows the footsteps of Engineering as far as placements are concerned. Gone are the days when MBA topper had two or three appointment letters in the kitty. Today, they find it tough to explore a company that justifies their degree. Market segments, negative connotation, and drop in the GDP also affect it directly. It is quite surprising that the big global factors affect trivial factors like admissions in MBA. However, there is a direct correlation between the economic stability of the country and it is one of the prominent reasons for MBA seats in Bangalore remain unfilled.
As the country shows stable government and improved economic policies, it seems that the situation would turnaround next year hopefully.
The scarcity of students is worry for Bangalore Management colleges. They seek more interstate and foreign students every year.
With an increase in the demand for qualified management professionals, more people choose it as a career nowadays. However, it is equally true that a management college bring a dramatic difference in the career path. Completing a management degree from a mediocre college may not be sometimes rewarding. In big cities like Delhi, Mumbai, Ahmedabad or Bangalore, there are thousands of management colleges claiming hefty salary packages and guaranteed placements in renowned companies. Studies indicate that students of top ranked management colleges in Bangalore get jobs in top-notch companies. Students from mediocre colleges have to compromise on several aspects.
Why is there so much disparity?
Well, management is not limited to the theoretical concepts but it is more related to the implementation of the concepts. An excellent college has good teachers and excellent facilities to groom the managerial skills by in-depth classroom teaching and personality grooming. Students are required to participate in seminars, lectures and presentations. It enhances personality skills and leadership qualities. It is quite obvious that the students from good colleges shine distinctly in the interview. It is the reason top ranked management colleges in Bangalore get a huge success in placing their students in reputed companies.
There is another important factor. Good colleges have PRO (Public Relation Office) responsible for maintaining relations with companies in the surrounding areas. It makes a great difference because companies know about the skill set well in advance. When the companies come for campus recruitment, they pick up the best talent from the lot. As a result, all good students get placed in the top-rated companies. Since the majority of requirement gets fulfilled in the campus recruitment, students of other colleges have a limited choice. Campus recruitment officers maintain relations with HR managers so that the best placement can be done. It is the secret of success for top ranked management colleges in Bangalore.
A career in management has become important today with the rise in the service industry in India. As services of banking, finance, insurance, and hospitality sector expand, there is further demand for seasoned managers. Foreign companies are investing huge money in these sectors, and they need high-quality management professionals to carry out operational and managerial responsibilities. These companies don’t mind paying handsome salaries, but they need excellent services. When students earn a management degree from top ranked management colleges in Bangalore, they are quite likely to get an exciting job offer that carves a great career.
Study in top ranked management colleges of Bangalore to ensure bright career growth and success.
It is true that a good college is always expensive; the reverse may not be true. In spite of the fact that MBA education cost in Bangalore is a little bit higher as compared to other cities, it is possible to get admission in an inexpensive, yet great college. Find answers to a few questions when you look for it.
- Does the college have AICTE approval? Since AICTE is the only authorized body that decides the validity of a business school, you must be sure about it.
- What all courses are being offered by the college? The college you are opting for should offer a variety of business management programs, full-time and part-time. If the brochure contains a long list of degree and diploma courses, it means the infrastructure is up to the mark. Looking at the high MBA education cost in Bangalore, you deserve excellent facilities as well.
- Does the college have an effective placement cell? Since management courses are professional courses, the college should have a good rapport in the industrial and business world. A placement cell acts as a bridge between the institute and the entrepreneurs. Make sure the college you are looking for offers a good history of campus placements. If renowned companies go there for on-site selection, then the college is good.
- Is there an entrance exam? In fact, it is good if the college offers admissions based on an entrance examination. Though the preference is given to those who clear all-India level exams, it is a good way for those who do not qualify the exams mentioned earlier. Look at the cutoff marks for different courses offered by the college. You need to look at the ranking of the college and the starting salary offered to the passed-out students.
Rise in the fees has been followed by rise in the demand
It is a fact that MBA in Bangalore wasn’t that expensive a few years back. Keep aside premium institutes like IIM Bangalore, other were quite within the reach of common people. However, with the increasing demand for management professionals in and around the city, MBA education cost in Bangalore has reached sky high. Every year there is an addition of a few colleges affiliated to national and international institutes and universities. All these colleges charge exorbitant fees are making MBA education less affordable. There has to be some regulation to keep the things organized. With the intervention of the government, it is possible to achieve a better control.
The cost of mba education in Bangalore is constantly being going up due to various factors.
If you feel that each student that takes admission in Post graduation program in Management is clear about the career path, then you are totally mistaken. It is unbelievable but true that a majority of the students are just not clear about their future. They are not even in a position of deciding about their specialization. It is not a situation of Tier 2 or 3 cities in India, but in metros and Tier 1 cities as well. Some students go for it just because their friends have opted for it. Some get the admission because they think that lucrative packages are offered during the campus selection. Some students look at it just a way of getting a job opportunity.
Management schools also play a role in image building
Yes, it is quite true. Many mediocre or low-grade management schools or institutes highlight the positive aspects and high salary levels to attract the students. They provide facts that aren’t true always. They make big claims about 100 percent placements in top-notch companies. It is not true always. Some of them are still searching for better jobs. Some talk about the exorbitant pay scales being offered to their students. Sometimes, they publish photographs or names of students or previous batches. Students get trapped in the propaganda and seek admission in the so-called ‘Number one’ school offering the best Post graduation program in management.
Decide your priorities first
Don’t pursue the degree in Management just for the sake of doing it. You should have a clear mind about it. Find out the subjects that you like the most. Look at the job prospects and career scope. If you have a liking for business finance, then do not take Human Resources or Marketing as specialization subjects even if your best friend opts for it. Those who want to look for opportunities abroad must know about the future scenario three years down the line.
A few specialization subjects and their scope
Top institutes that offer Post graduation program in Management have the following subjects as specialization.
- Human Resources
- Business Finance
- International business
- Foreign Trade
- Information Technology
- Strategic management
It is very much important that MBA students know about the career prospects. Seeking admission to the top-notch college isn’t sufficient, but shaping a good future depends on how seriously one looks towards it? Only hard work and persistence bring phenomenal results. The city Bangalore houses very reputed management colleges.
The post graduation Management degree in Bangalore gives the students ample employment opportunities in India and abroad.