MBA :: Master in Business Management
If you want MBA /PGDM
Fill up the form below if you want Management Course to get a call back from Top Management colleges.
What is Master in Business Management
Career in Management is one of the most important topics, students want to know today. Management is a word that has many meanings. It can be defined as the process of management and supervision of a business and its operations, or operation of the company or organization. Here, new business policies are created keeping in mind the facts and figures related to the operation of a company. To be a successful manager, anyone should have an understanding of decision-making, financial analysis, and interpersonal relations. He should also have leadership capability and the skills to implement these skills in terms of pressures, opportunities, and options. The aim of the management is to use the resources available (human, physical and financial) to achieve any goal.
Work Area of Master in Business Management
There are mainly five working areas for professional managers and the student can try to go to any of these areas and get expertise in it. These are the following areas:
A. Personnel or Human Resource Development:
The work of persons related to personnel management / human resource development is to make the resources of an organization, especially highly effective individuals. Their responsibilities include activities related to recruitment, deployment, training, public-power planning, staff welfare, industrial relations and labor relations. Human resources development personnel are associated with other specialty areas, which include compensation and benefits, health, safety and other welfare aspects, employee welfare schemes, change management, handling etc. for employees.
B. Finance production or operational work:
The management executives of the finance sector are responsible for the financing of their organization. They undertake budget work, execute financial programs, and do benefit-assessment jobs.
C. Production:
It is such an extensive area that directs, coordinates and controls the operating work aspect of an organization and makes efficient use of humans, machines, and materials. This is a process by which a company’s physical production is planned. Depending on the working area of an organization, planning, purchasing and control of materials used in the production, and maintenance and depreciation of equipment may also be included.
D. Marketing:
The marketing and sales department directs the producer to deliver the goods and services to the user. Therefore, marketing management inherent in planning a strategy to provide goods and services efficiently and at a minimal cost to the customer. It also involves research and analysis in the work, in which the present and future requirements of the customers are to create a means to gather information and review their results, to plan new products and services, to check and to make sales forecasts. Sales are linked to marketing, therefore, marketing managers have the responsibility of implementing marketing policies. It means finding and contacting customers for the special goods and services created by an organization.
E. Information services:
The management information service is getting a significant place, as it involves important information collection, processing, and dissemination work to increase the capacity of an organization.
Bachelor of Business Administration - BBA
Bachelor of Business Administration (BBA) and Bachelor of Business Management (BBM) are career-oriented graduate courses that deals in developing the business managing capabilities in an aspirant. It is a three-year bachelor course for which six semesters have been scheduled for the business administration course; at some institutes, yearly mode of examination is also there. By doing this course, the understanding and knowledge of -of students in business administration and marketing increases, and therefore, any student who has a passion for business or marketing in the future or wants to make his future in this field, can opt for B.B.A. / B. B.M. course through distance education mode if he has not got a chance to pursue the course from any regular institute due to some reason or other. The aim of the course is to provide the knowledge of particular areas of business like Human recourse, finance, and marketing, etc.
Why BBA / BBM
By doing BBA or BBM, students get a good knowledge of the field of management, after which they can work in …..
Part time MBA
Sometimes it happens that you do not get admission in the institute of your choice or you are employed and if you do not have time for regular class then you do not have to be frustrated in it. If you are interested in doing MBA then you can move your step towards the part time MBA and give a new flight to your career.
Qualification for Part Time MBA
a. Graduation with at least 45 percent marks in Arts, Commerce or Science subjects is necessary.
b. Experience of executive or administrative work in a prestigious commercial / industrial / government institute of 2/3/5 years or more.
c. For the applicants having more than 55 percent marks in the post graduation, there is a provision of relaxation in the minimum 45 percent marks at the graduation level.
Entry Process / Selection Procedure for Part Time MBA
a. Information about admission by Part Time MBA Institute is published in major newspapers. You can also get information from the organization’s website. Visit regularly to Ideal Career for regular updates about the notifications.
b. After filing application forms …..
If you want MBA/PGDM
Fill up the form below if you want Management Course to get a call back from Top Management colleges.
How to make a career in Management
To become an expert in one of the many works/specialty areas start a job as a trainee in any organization and make a career in management, however, some of the past qualifications and experience are necessary for this. In addition, most organizations give preference to qualified management graduates. Therefore , it is mandatory to have professional training to go into the management business, so better start from getting a degree in management.
Course Details
Management courses are mainly run as a diploma , undergraduate and postgraduate degree programs by private and state management institutions. Generally, 10 + 2 passed candidates can opt for undergraduate management degrees (such as B.B.A., B.B.S., B.M.S.). Graduation in any subject for postgraduate courses (MBA, PGDBA) and passing the admission process (CAT, MAT, XAT) conducted by many organizations is mandatory. The fixed percentage of the digits in different institutions may vary slightly, but the total minimum percentage for admission is not less than 50% in general. Students of the final year of the graduate course can also apply for admission in the management course. Courses at the postgraduate level are mainly given specialization in a particular field. An Executive MBA for Business Executives Courses is also available. Some limited organizations also run part-time management courses.
CAT or MAT is an essential method that analyzes the candidate’s personality and knowledge. Question papers have no fixed set. Question papers are of an objective nature.
After passing the written examination, the candidates can apply for one or more of their choice in the prescribed format. Normally their selection is done on a Group Discussion (GD) and then on the basis of their performance in a Personal Interview (PI).
Selection Procedure for Management Courses
Most management schools follow a standard selection method. The Indian Institute of Management (IIMS) and some management institutes conduct a written examination called the Common Entrance Test (CAT) in December every year. Other institutions organize separate entrance examinations like Management Ablative Test (MAT). Large newspapers publish their advertisement. In which application method, place of examination, date and time is mentioned. The examination includes oral expression and problem-solving capabilities and interpretation knowledge testing.
Period of Study
The duration of undergraduate courses is 3 years. However, the postgraduate courses are of 1-2 years. Part-time MBA is of 3 years duration.
Difference between MBA and PGDM
On the exit from college, a question arises: MBA (Master of Business Administration) or PGDM (Post Graduate Diploma in Management). Youth are often confused that what is a difference between MBA and PGDM and which of these courses should they do? It is important to understand the two specialties.
The purpose of both these courses is to make a career in management. The difference is the Degree and Diploma. Many students are hesitant about the latter word: Diploma.
Let’s know a little bit about these two courses…..
If you want MBA/PGDM
Fill up the form below if you want Management Course to get a call back from Top Management colleges.
Top Colleges of MBA
Due to the huge demand for the degree/diploma in management, the number of business schools across the country has increased. Some of the top national level organizations running the business management curriculum are:
A. Indian Institute of Management, Ahmedabad, Calcutta, Bangalore, Lucknow, Indore, and Kozhikode (Calicut)
B. Jamnalal Bajaj School of Management Studies, Mumbai
C. Xavier’s Labor Relations Institute, Jamshedpur
D. Faculty of Management Studies, Delhi University
E. Narasi Monjee Institute of Management Studies, Mumbai
F. Symbiosis Business Management Institute, Pune
G. Institute of Business Management, National Council of Education, Bengal, Kolkata
H. International Management Institute, New Delhi
I. IEF, New Delhi
J. MDI, Gurgaon
Job prospects after Management Courses
Due to liberalization, privatization, and universalization, many opportunities have been available for effective managers. More and more multinational companies are coming to India and many Indian companies are going for joint venture abroad. With this, attractive alternatives of career opening are open to qualified managers to run and manage organizations. In this area, there is a widespread demand for management graduates as well as the need for highly skilled businessmen. There are possibilities for such graduates in the following areas:
A. Business Organizations / Corporations
B. Multinational Corporation
C. Industrial Institutions / Manufacturing Companies
D. Banks and Financial Institutions
E. Public sector enterprises
F. Advertising agencies
G. World Bank, UNICEF and other UN bodies
H. Counseling / Self-employment
I. Teaching / Research
Requisite Skills and Talents
Most managers have both expert background and administrative skills. You have to specialize in starting a particular task, such as marketing, operations or manufacturing. You start your own work from any entry-level post and demonstrate the possibility of learning and achieving achievement and thus you can acquire management skills. In this way, you can get promotions in managerial ranks. The topic can be divided into three broad sections.
A. To become a manager, you must demonstrate your competence in three areas.
I. Technical: Knowledge and understanding of the arrangement of a particular task
II. Human relations: the ability of individuals to act in an effective way of understanding and understanding of individuals.
III. Conceptibility: The ability to think and view relationships between different degrees at full. Human relations skills are essential for all levels of managers.
B. As a manager, you spend most of your time with people and with your work. This will develop the following skills needed for your inter-personal activities.
I. Verbal and written communication
II. Concentrated hearing capacity
III. Innocents and direct talks
IV. The sensitivity that inspires others
C. As you progress on the career path, you will continue to depend on less technical skills. Following skills and capabilities will become more and more important.
I. Very strong verbal and non-verbal Communication skills
II. High Energy Level
III. More work policy and Business decision
IV. More Honesty and integrity
V. Innovation (pioneering) medium and Synthesis capacities
VI. Self-confidence and Leadership capacity
VII. Very strong Problem-solving ability
Top Distance Education Universities for MBA
MBA is the most sought-after postgraduate degree program in India. Each year more than 5,00,000 students complete MBA /PGDBM degree programs, and this number is increasing in every passing year. MBA is the only degree course, whose popularity is increasing year after year. An MBA degree from a prestigious university can open many doors for your career. You can choose the specialization of your choice from the tens of specialization available. To help you here is the list of top 20 universities in India for doing MBA/PGDBM through distance education mode.
1. Indira Gandhi National Open University (IGNOU), New Delhi
Indira Gandhi National Open University is the world’s largest Open University. It was founded in 1985, and currently serving over 37 lakh students worldwide. India is considered to be the best for distance education.
2. Symbiosis Center of Distance Learning, Pune
Symbiosis Center for Distance Learning (SCDL) is the largest private education institution in India. It provides postgraduate diploma, diploma, and certificate ………
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