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Is MBA Good for Future?

MD
Megha Deb Posted On : October 30th, 2020
MBA/PGDM in Marketing & Operations, IILM Gurgaon (Graduated 2014)

Yes, MBA is considered a good option for the future. Students pursue MBA to get better career and job opportunities. MBA in India is offered as a 2 year program divided into 4 semesters. Pursuing MBA might cost much more than any other postgraduate degree like an MA or an MSc but it will provide much better jobs and salary packages than them.

Categories

MBA

Placement Percentage

100%

Highest CTC

40 LPA

Average CTC

12 LPA

MBA Placements:

The top companies recruiting MBA graduates include Deloitte, Accenture, Infosys, Capgemini, Citibank, ITC, Nestle, Saint Gobain, JP Morgan, Wipro, Microsoft, Phillips, Reliance, L&T, McKinsey & Company, Avendus, Asian Paints, etc.

Job Roles:

MBA graduates can work as a Manager in Finance, Marketing, Sales, HR, Operations, Product, Data Analytics, Digital Marketing, International Business, Supply Chain Management, NGO Management, Disaster Management and many more.

MBA also provides a good Return On Investment (ROI). The efficiency of an investment is determined by the measurement and comparison of the ROI. They get a raise or hike in 10 years considering the long term salary projections. Students opting for an Executive MBA are working and pursuing the degree alongside, so the salary earned will also be included when calculating ROI, making it a profitable subject.

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Can a fresher with no work experience apply to TAPMI for its MBA course?

HP
Hardik Pandya Posted On : March 9th, 2023
PGDM from T. A. Pai Management Institute (Graduated 2003)

When it comes to MBA admissions, work experience can be an advantage, but it's not always a requirement. Having work experience can demonstrate to admissions committees that you have practical skills and knowledge that can be valuable in an MBA program. However, it's important to note that work experience is just one factor that is considered in the admissions process, and it's not a guarantee of admission.

Similarly, having work experience may give you an edge in the placement process, but it's not a guarantee of a job offer. While companies may value work experience, they also look for a range of other qualities and skills in potential employees. Therefore, just because someone has work experience, it doesn't necessarily mean that they'll be guaranteed admission or a job offer.

Ultimately, admissions committees and recruiters are looking for well-rounded candidates who possess a variety of skills, experiences, and qualities. While work experience can be valuable, it's not the only factor that is considered. When applying to MBA programs or job opportunities, it's important to present yourself as a strong and unique candidate, highlighting all of the experiences and skills that make you a strong fit for the program or position.

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Which is better among BIMTECH and Taxila Business School for MBA and in terms of placement?

AB
Amit Bansal Posted On : September 4th, 2020
Taxila Business School, Jaipur (2020)

BIMTECH offers PGDM programs in three disciplines mainly International Business, Retail Management and Insurance Business Management. Taxila Business School offers PGDM in 8 streams.

The overall average placement scenario of both institutes is as follows:

BIMTECH

IB - Rs.8.18 LPA

Retail - Rs.8.04 LPA

Insurance & Business Management - Rs.8.03 LPA

Taxila Business School

Finance - Rs.13.5 LPA

Marketing - Rs.14.06LPA

HR - Rs.12.5LPA

Operations - Rs.7.5LPA

The average placements can provide a clear view as to which college stands on a favourable position with respect to which stream . Apart from that the facts that can be looked upon in respect of placements are:

College

Number Of Students Placed

Number Of Companies

Highest Placement

Top Recruiters

BIMTECH

96%

117

Rs.18 LPA (Domestic)

Rs.23 LPA (International)

Amazon, KPMG, Infosys, Birla Soft, Marsh, OYO,HDFC Mutual Fund, Bajaj Finserv, Blue Dart

Taxila Business School

90%

80

Rs.18 LPA(Domestic)

Rs. 22 LPA (International)

Bosch India Ltd., Jaro Education, Lido Learning, OPPO, Pinclick, Outlook , Infosys, Toppr, Think & Learn Pvt. Ltd. , IDFC First

Both the management institutes are at par with respect to placement. The difference lies in the choice of domains. BIMTECH is specialised to specific domains while Taxila offers a wide range with a decent package.

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What courses should I do before pursuing an MBA at IIM Sambalpur if I have an interest in finance and marketing?

SJ
Sidhharth Jain Posted On : February 13th, 2023
MBA from Indian Institute of Management Kozhikode (Graduated 2020)

It is completely normal to have an interest in both finance and marketing, as they are both important and widely applicable areas of business. To explore your interest in finance, there are many short, introductory courses available on platforms like Udemy that can be completed at a relatively low cost, such as for no more than INR 500. Additionally, you can read basic finance books from any commerce background to gain a solid foundation in the subject. Similarly, for marketing, there are many courses available on platforms like Udemy, as well as other sites. However, it is worth considering that pursuing an MBA program with a fresh mind and an open outlook for many possibilities may be beneficial for gaining a comprehensive understanding of marketing.

In addition to gaining specialized knowledge in finance and marketing, it is also important to have a good understanding of MS Excel and Powerpoint. These skills are widely used in the business world and will be beneficial for any professional in any vertical or specialization.

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Are my 10th and 12th important in applying for the CAT and pursue an MBA from IIM Bangalore?

SS
Shreya Shankar Posted On : November 22nd, 2022
B.E. from Maharashtra Institute of Technology (Graduated 2018)

Academics are extremely significant at IIM Bangalore. If your academics are in the 70-85 range, even if you scored 100% on the CAT, your chances of getting a call from IIM Bangalore are less than 1% because it considers and gives very heavy weightage for both the 10th and 12th marks.

Score good marks in your Secondary and senior secondary exams. Prepare thoroughly and meticulously so that you can ace the CAT; this will increase your chances of admission to a good IIM.

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What would be better to do an MBA from SIOM Nashik or prepare for the SSC?

AS
Amit Sinha Posted On : September 13th, 2022
PGDM in Finance (college major) & Analytics, T. A. Pai Management Institute

There’s no clear winner in this comparison. If you want a career in the corporate world, doing an MBA from SIOM Nashik is better. SIOM placements are good and it offers decent exposure to the industry. The 2022 campus placements of the institute had witnessed an average CTC of INR 12.38 LPA. The highest CTC offered was INR 24.13 LPA.  

If you want a more stable and traditional Govt. job then SSC is the better option. The salary is decent. 

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How is the career growth after one year MBA from IIMs (Ahmedabad, Bangalore, Calcutta, Lucknow, Indore)?

PR
Parth Reddy Posted On : May 20th, 2023
Studied at IIM Ahmedabad

IIMs are known for their top-quality management education and are premium institutes for the same. In addition to their flagship courses, the One Year MBA from IIMs for working professionals is offered as a Full Time Residential MBA Program for Executives. This program is much coveted among working professionals with work experience of 3 to 7 years. The program has similar USPs of two year MBA program except that it is more rigorous. Because of its dynamic nature, the placement opportunities offered to one-year MBA students are even better. 

Here is a one-to-one analysis of each program.

IIM Ahmedabad PGPX:

The Post Graduate Programme in Management for Executives (PGPX) is one of the finest one-year, full-time, residential programs in the world. Its best-suited for bright, enthusiastic, and aspirational executives with professional experience. This program attracts top talents from diverse industries, cultures, and geographies.

IIM Bangalore EPGP: 

IIM Bangalore offers an intensive one-year residential MBA programme created specifically for professionals with remarkable track records and 5 to 12 years of work experience in a wide range of industries.

IIM Calcutta MBA-Ex:

IIM Calcutta's MBA for Executives Programme (MBA Ex) is One Year Full-Time Residential MBA Programme that provides mid-career professionals the ideal platform to augment their existing skill sets and paves the way for senior and top management roles in the industry. MBA Ex at IIM Calcutta, since its inception in 2006, has spawned alumni who have demonstrated excellence in the leadership positions that they have occupied in their organizations. 

IIM Indore EPGP:

IIM Indore EPGP is a reputed one-year MBA is specially designed to enhance knowledge, AMBA skills and capabilities essential for managing and leading organizations and the program combines skill building with an exploration of good management practices.

IIM Lucknow IPMX: 

IIM Lucknow offers International Programme in Management for Executives (IPMX) at its NOIDA Campus to prepare working professionals for the top roles in business organizations.

All in all, each of the one-year MBAs offered by IIMs has a single purpose; to enable working professionals to climb the corporate ladder and receive better packages.

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Is Vidyasagar University good for an MBA?

SB
Sutopa Banerjee Posted On : August 3rd, 2022
M.Sc from Vidyasagar University

MAKAUT colleges are better for MBA, compared to Vidyasagar University. In West Bengal, MAKAUT brand name is more recognized. It offers better placement opportunities for MBA as well. Infosys, TCS, Accenture, Cognizant, etc. visit MAKAUT placements frequently. The highest CTC received by the students is around INR 19 LPA. MAKAUT has many tie-ups with companies, so it's easier to get placements, and internships. 

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Is it worth joining IIM Sambalpur for a 2-year MBA with 5 years of work experience?

YS
Yashaswi Singh Posted On : February 13th, 2023
Professor at Ajeenkya D.Y. Patil University (2016–present)

The decision on whether or not to take a break and join an IIM depends on your current situation. If you feel that you are at a point where you are no longer making progress in your current role or are at risk of becoming stagnant, it may be beneficial to take a break and pursue an IIM degree. As you are still young, you have a long and promising career ahead of you. 

Having a degree from any one of the Indian Institutes of Management (IIMs) will open up a multitude of career opportunities and will be a valuable asset to you throughout your professional journey. An IIM degree is widely recognized as a premier business education and will give you the skills and knowledge to excel in a variety of roles and industries. Additionally, it will provide you with a network of accomplished professionals who will be valuable contacts throughout your career.

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Is Jiwaji University is good for MBA?

SB
Saurabh Bohra Posted On : October 11th, 2021
Completed MBA from Chandigarh University in 2020

MBA offered in Jiwaji University is worth the money and the faculty has a lot of experience and capability. 

  • The highest package offered in the last placement drive was INR 5 LPA. 
  • The percentage of placement is about 80% to 90%.
  • The top recruiters include Pepsi, Amazon, Hero, etc. 
  • Jiwaji University helps in the placement of the students through a cell dedicated only for placements.

Through the application tests, the students are sized upon a number of parameters. Followed by the application tests, you have to appear in group discussions then you will be shortlisted for the personal interview round. On successful completion of this round, you are given the offer letter.

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