When you hear “MBA”, what is the first thought that crosses your mind? In most cases, it would be the image of a CEO or a formally dressed up white-collar workers speaking on their latest set of smartphones. Popularity of MBA has been skyrocketing in the recent years. And an MBA degree is considered as one of the most expensive courses to attend these days. If you have decided to join MBA colleges in Gujarat or in your locality, make it a point to acquaint yourself with the most basic facts related to this post graduate program. In this blog post, we are going to discuss the same.
What is an MBA?
MBA – Masters in Business Administration is a globally recognized post graduate degree designed to improve the theoretical and practical skills in business and management. Originated in the United States in the early 20th century, this post graduate degree has gained immense popularity and acceptance across the globe. In fact, MBA programmes have been considered as one of the most sought after degrees in the world.
For someone who desires to reach the top-level management posts in an organization, pursuing an MBA degree is the right path. Moreover, pursuing an MBA also gives wonderful opportunities to expand your network and participate in top-tier internship programs which would provide you great insight and experience.
As the name implies, MBA is all about exploring the theoretical and practical aspects of general management. Building and polishing both the hard-skills and soft-skills of an individual in a perfect balance, MBA course also opens up global opportunities for career growth.
Course details and Specializations
In the initial semester or years, the curriculum will cover the core subjects such as accounting, economics, corporate finance, strategy/frameworks, human resource management, organisational behaviour, leadership, marketing and information technology. And once the basic foundation has been laid, you will have the choice to pick a specialization. It can be done by choosing from a multitude of electives which further allows sharpening skills and knowledge in specific areas.
There are a number of specializations available with MBA programmes from which the student can make their pick according to their personal goals and ambitions. Specialized MBA programmes helps in deepening the expertise and knowledge in a specific area or branch. Some of the popular choices include supply chain management, health care, information systems, sustainability, entrepreneurship, operations management and more. Pursuing a specialized MBA program would transform students into ready-for-the job professionals with all the know-how and talents tailored to the needs of a particular industry.
Format and duration
MBA courses are offered by different universities in a wide variety of formats and some of the common types include full-time MBA, executive MBA, part time MBA, correspondence course, distance MBA and online MBA to name a few. And according to the type of MBA you choose, duration also varies. Though, the average duration of a full-time MBA program is two years. Depending on your time availability and personal preferences, you may pick the format best suited to your needs and career goals.