What is MBA ?
Full
form of MBA is Master of Business Administration. MBA
curriculum is designed to impart knowledge, develop
specialised skills and foster essential attitudes for
the students to grow as competent and responsible managers.
It emphasises the conceptual and analytical reasoning
and gives the students an insight into the business
world and its environment. Importance is placed on self
learning, creativity and continuous interaction with
the faculty, students and practitioners. Management
learning depends on -
- Student's Atitude
- Management Institute from where student is pursuing
MBA
- Economic condition of his country
- Global Economic condition
- Faculty teaching
- Project done during MBA
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MBA
is world's premier postgraduate qualification for business
and management individuals. MBA helps in enhancing a individual's
ability to understand real life business problems. These skills
make MBA's highly valuable assets for companies world over
as they can take accurate decisions for various management
related problems. The large majority of CEOs and executives
have MBA degrees or have MBA's as advisors.
What are different MBA Streams?
There
are various MBA streams to choice from they are -
There
are different types of MBA programs according to mode of study
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History of MBA in India
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In
1957 of the Administrative Staff College of India (Hyderabad-500082)
was started to offer management development programmes
for senior managers and government officials. In
1961-62, the Government of India decided to establish
two autonomous institutions outside the university system,
viz., Indian Institute of Management (IIMs) one at Calcutta
(1961) and the other at Ahmedabad (1962) to offer two-year
full-time postgraduate diploma in business administration.
While IIM(C)
was to collaborate with Harvard Business School, the
IIM
(A) was assisted by the Sloan Business School (MIT)
for launching the programmes. Subsequently, four other
are - IIM-Bangalore
(1973); IIM-Lucknow
(1984), IIM-Indore
(1996) and IIM-Kozhikode (1996).
The
National Institute of
Industrial Engineering (NITIE) was established for
imparting industrial management education. The
Faculty of Management Studies (FMS) of the University
of Delhi which came into existence in 1955 launched
its MBA programme for fresh graduates in 1968. This
was soon followed up by many other universities. In
many universities the Faculties of Commerce took the
initiative to introduce the MBA programme. Now most
of the universities have constituted Management Faculties.
There
was a time when managers were distinct from engineers.
In today's industrial landscape with rapidly changing
technologies; there is lot of coalescing of both functions.
Hence number of engineering colleges offer MBA
programmes primarily for engineering and technical
degree holders.
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Importance of Institute for doing MBA
MBA
graduate is known from the institute from which he has passed
his qualification. High importance is given to the management
institute because of very simple reason that all skills that
will go and make a perfect management graduate are going to
be imparted by the Instutute. These skills cannot be read
from Management books but are practical examples which are
dealt in a MBA classroom.
The
Management graduates passing out from reputed Business School
hold high positions in Fortune 500 organizations. Students
from any discipline can apply for the MBA course.
MBA Pedagogy
- Class Room Lectures
- Case Study
- Project Work
- Assignments
- Seminar Presentations
- Group Discussions
- Role Play
- Dissertation
- Term Papers and
- Industrial Visits
- Lectures by Industrial / Corporate experts
- Extra and Co-curricular Activities
- Management Symposium
- Management debates
- Rural development programmes
- Social gathering
- Management Workshops
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