The demand for an MBA degree in India has reached an all-time high with there being hardly one or two other professional degrees that can rival its popularity or the ROI generated by it. Master of Business Administration (MBA) which originated in US around a century back owns its popularity in India and abroad significantly to the forces of globalisation and economic upheavals being witnessed across the globe. A highly dynamic and unstable business environment requires competent and well-organized leaders and managers who can lead and manage change. The primary aim of an MBA program is to develop leaders and managers with the skill-sets, insights and knowledge toefficiently challenge the status quo and find new and more innovative ways of doing more with fewer resources.
Top MBA schools ensure that the knowledge they impart is of immediate practical relevance so that the student starts contributing from day one in his/her office. Top level management institutes seek to develop competent, confident, entrepreneurial and internationally oriented managers who prove to be true assets to their organization and help their companies remain competitive in the marketplace. Dynamic MBA programs developed by reputable business schools can do an exceptional job of propelling your career forward. The curriculum designed by world-class faculty with industry-tested expertise, and relevant input from top business leaders and managers, give their students valuable insights and exposure to current concepts and complexities of the business world and the skills needed to take advantage of opportunities and avoid pitfalls.
Within a short span of time, an MBA has become one of the most prestigious and important professional degrees in the world, which attests to its importance in a modern globalised world marked by marketplace turbulence and cutthroat competition.
An MBA degree from Top MBA Colleges in Rajasthan or for that matter top management institutes anywhere in India is usually seen as a getaway to a financially rewarding and stable career with top corporations in India and abroad. In a country where good job opportunities are hard to come by and the unemployment rate has reached an all-time high, a degree which offers both perks and fat pay packages is naturally going to enjoy a tremendous fan following. In fact, an MBA’s popularity is clearly evident from the lakhs of students who sit for important management entrance tests like CAT, MAT and XAT every year. There are some top management institutes who only accept CAT (Common Aptitude Test) score for admission to their post graduate programs in management. Then there are some other top level business schools in India which only accept the score of MAT (Management Aptitude Test). However, you can find some best management colleges in Rajasthan or top quality business schools anywhere else in India accepting scores of both CAT and MAT exams.
This is good news for students who for one reason or the other have failed to score good marks in CAT. They need not despair as MAT gives them another opportunity to take admission in a reputable business school which equip the students with skills and acumen to excel in a business environment which is always evolving.
Fast pace of globalization, easy access to information and consumer empowerment has significantly contributed to the rise and significance of an MBA degree. Also, in a highly competitive job market, a well-known professional degree like MBA can help you distinguish yourself from your competitors by telling your potential employer that you have the skills and the competence to deal with complex and challenging business situations. A degree from a well-established MBA school attests to the fact that the program you have completed is integrative and fosters collaborative learning, focusing on business as a complex social system of interactions by individuals, people who must anticipate and manage change, think and work cross culturally, and understand their personal leadership style. The employer is convinced that you possess the ability to immediately put into practise your theories in real world situations.
An inferior quality business school does not have the resources or the expertise to give you a management education that could help distinguish you from other common degree holders. You need to be careful about which college or institute you choose for your management education as pursuing MBA from an inferior institute is likely going to be an unfortunate waste of time and money.