MBA graduates have a white collared job that comes with lots of respect, huge expectations and a heft pay packet. However, getting through the coveted institute is a difficult task. It requires dedication and determination.
How to Reach your GoalStep 1: You can take up Science, Commerce and Arts in Class 12. However, it is advisable to have Mathematics as one of your core subjects if you want to do your MBA. It will not only help in your MBA admission but help in developing analytical and logical skills needed for a top-rung manager.
Step 2: Do your Bachelor’s degree from a recognized university. It is important for you have good marks in your Bachelor’s as entry to the prestigious MBA institutes like the IIMs is determined not only on the basis of your CAT (Common Admission Test) scores but also on marks at the undergraduate level.
Step 3: You should start preparing for your MBA entrance exams right from college as CAT is one of the toughest exams to crack. There are other MBA entrance exams. (Link)
Step 4: Prepare for interviews and group discussions as that is the next hurdle for admission to MBA colleges
Do you have it in you- Analytical bent of mind
- Ability to understand industry trends
- Good communication skills
- Good team player and leadership qualities
- Excellent convincing powers
- Good business acumen
Pros and Cons of a Management GraduatePros- Excellent pay package and perks
- Exposure to various business domains
- Satisfaction of leading large teams and achieving targets
Cons- Long working hours
- Very demanding and highly result-oriented job
- Family life gets affected
PerksIf you’ve done your MBA from one of the premiere institutes like the IIMs or FMS, you can expect a starting salary of Rs 4 lakh to Rs 8 lakh per annum. A few years of experience, can fetch you a salary range of Rs 10 lakh to Rs 15 lakh per annum. Sky is the limit for management consultants
MBA Institutes in IndiaSome of the top MBA institutes in India are:
Click here for a complete list of top MBA Colleges in India.
MBA Entrance ExamsThe most common and the most important MBA entrance exam is
CAT or Common Admission Test. However, there are various other MBA entrance exams like
MAT,
XAT,
SNAP,
FMS, and
BITSAT.
Click here for the complete list of MBA entrance exams.
Where can you workMBAs are needed in almost every organization for better management of their projects. One can work in Sales in Marketing, HR, Finance and Project Management.
For details on management, careers and management education in India,
click here