Wednesday, November 3, 2010

MBA in India

MBA is the common abbreviation used for Masters of Business Administration. This course is pursued after graduation and is usually conducted over a span of two years. 

However, executive MBA as a career choice is also available which lasts for a year. MBA is one of the most common career choices amongst the youth in India today. This is purely because of the benefits that the course offers. An MBA can surely help individuals who want to move up in their respective careers. Management has become important in every industry today. 

With the growing needs of the industry for world class managers, the institutes offering MBAs has also gone up in the last few years. There are over thousand recognized institutes offering MBA in India. However the Indian Institute of Management, IIMs, as they are commonly referred to as is the crème de la crème of all the institutes offering MBA in India. 

Most of the B-schools in India offer specialization like finance, human resources, marketing, operation etc. However, niche MBAs like MBA in communication, hotel management, fashion technology etc are also available. 

MBA salary in these B schools purely depends on the credibility and the goodwill of the institute. For e.g. students from IIMs receive the best salary packages across the country. Institutes like XLRI Jamshedpur, FMS Delhi and S P Jain, Mumbai are also well known. One can extensively search the internet for loads of information available on different MBA colleges in India. 

Thanks to globalization and liberalization, education in India especially MBA is gaining great momentum. MBA with specializations in international business and management are also available.

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