An MBA degree is a step forward in your career and so it is very important to make that step carefully.
Every year around 56% of students take up an MBA after UG, but only 34% of them make the best career out of it. Why?
This is because the other aspects of an MBA influence the career. But, what are they?
Get to know the fundament aspects you should look at when choosing an MBA at colleges such as Biju Patnaik Institute of Information Technology & Management Studies, the best MBA institute in Bhubaneswar, and others.
What is an MBA?
MBA, i.e., Master of Business Administration is a cogent postgraduate degree provided with a notion to train students with top-notch management and administration skills to fit into the managerial column of any chosen industry verticals.
MBAs offered at top management colleges in Bhubaneswar and others are the ladder toward a leadership-level position in any chosen field.
So, when choosing such a value degree, it is important to consider certain essential facets for better outcomes.
Get to know them below.
What are the essential aspects to look for when choosing an MBA program?
Here are the fundamental aspects that you need to consider when choosing an MBA program at the best management colleges in Bhubaneswar and others.
Accreditation:
Accreditation is the primary aspect that you need to check when enrolling for an MBA program at top management colleges in Odisha and other states.
Accreditation is a very essential factor for your course to hold professional value.
So, ensure that the course and the institution offering it are accredited by recognized accrediting bodies or associations. Accreditation ensures that the program meets certain quality standards and that your qualifications will be recognized by employers.
Hence, check whether the MBA course you choose at the MBA colleges in BBSR and others is accredited.
Reputation and Ranking:
Whenever choosing an MBA program, you are actually choosing a college as well. So, consider the reputation and rankings of the MBA program. While rankings shouldn’t be the sole factor in your decision, they can provide useful insights into the program’s strengths and reputation within the business community.
MBA best colleges in Odisha hold a better reputation and ranking.
Curriculum:
Getting to know what you will learn in the MBA program at the best MBA colleges in Bhubaneswar and others is highly essential when choosing an MBA program.
Evaluate the curriculum of the MBA program. Look for a balance between foundational business courses and specialized electives that align with your career goals. Consider whether the program offers experiential learning opportunities such as internships, consulting projects, or study abroad programs.
Specialisations:
Check for the range of specialisations available before choosing an MBA program and choose the right specialisation for you based on your field requirements.
Some of the notable specialisation offered in MBA are as follows:
- Human Resource
- Finance
- Marketing
- Supply Chain Management
- Business Analytics
- Operations Management
- Hotel Management
- International Business
- Banking and Finance
- Systems Management
- Data Science and Data Analytics
- Sales and Marketing
- Healthcare Management
- Digital Marketing
- Information Technology
- Entrepreneurship
Networking Opportunities:
Networks are the best source for career establishment, especially in the business world. So, assess the networking opportunities provided by the program. Look for opportunities to connect with alumni, industry leaders, and fellow students through events, conferences, and career services.
Career Prospects:
As the ultimate agenda behind pursuing an MBA is having a great career, it is mandatory to look for career prospects on pursuing an MBA degree at top private MBA colleges in Odisha and other states.
As the world today is speeding up with business advancements, the demand for business administration and management professionals is never-ending. As the business arena continues to expand, so does the demand for skilled managerial professionals. Therefore the career scope for an MBA is vast all around the world.
MBA graduates are hired for a wide range of job positions in various top companies such as TCS, Infosys, IBM, Amazon, Microsoft, etc.
Let us take a look at different job positions that are available for MBA graduates:
Job Roles | Average Salary in INR |
Marketing Analyst | 4.53 LPA |
Marketing Executive | 3 LPA |
Sales Manager | 4.57 LPA |
Human Resource Manager | 8.13 LPA |
Talent Acquisition Specialist | 6.5 LPA |
Compensation Manager | 5 LPA |
Financial Analyst | 3.5 LPA |
Accounting Manager | 4 LPA |
Business Analyst | 4 LPA |
Information System Analyst | 5 LPA |
IT Strategist | 10 LPA |
Software Manager | 15 LPA |
These are the top factors that you need to look at when choosing an MBA program.
Now, get to know the eligibility criteria and admission procedure for an MBA degree.
What are the eligibility criteria for an MBA degree?
The basic eligibility criteria to pursue a Master of Business Administration (MBA) at any renowned college like Biju Patnaik Institute of Information Technology & Management Studies, the best MBA institute in Bhubaneshwar and others are as follows:
- Candidates should have completed a UG degree in any stream from any recognized educational institution.
- Candidates should have scored at least a minimum of 50% aggregate marks in the UG degree.
The eligibility criteria are subject to variations based on your chosen college.
What is the admission process for an MBA degree?
The admission procedure to any course is dependent on the chosen college.
The general admission procedure for MBA is provided either on a merit basis or an entrance exam basis.
Certain colleges consider UG degree scores for merit-based admission.
Certain other colleges consider entrance exams such as OJEE, MAT, CAT, SAT, GMAT, etc for admission to MBA courses.
Conclusion:
On the whole, if you are planning to take up an MBA degree at any MBA institute in Bhubaneshwar or others, then never forget to check these essential factors.
FAQs:
- What is the average salary scale for fresher MBA graduates?
The average salary scale for fresher MBA graduates is INR 3 to 5 LPA. With experience, the salary scale can reach up to INR 25 LPA.
- Which stream in 12th is considered suitable for business management courses?
Commerce stream in 12th is considered suitable for business management courses. However, students from all other streams can also pursue business management courses.
- Which MBA specializations are the best?
Some of the best MBA specializations are as follows:
- Marketing Management
- Human Resource Management
- Finance
- Information Systems
- Operations and Supply Chain Management
- How would an MBA help you advance in your career?
MBA will develop remarkable managerial and strategic skills that are considered indispensable for first-grade positions in the business world. An MBA degree will guide you toward leadership roles which is the first step in career advancement.