Effective management of resources is the key to the success of any company or venture.
As the economy becomes more complex and competitive, the demand for MBA graduates keeps growing because during the course they imbibe the capability and skills to maximise individual and organisational productivity.
The best brains from all over the world now consider an MBA qualification an asset while taking up coveted careers in sectors like manufacturing, business, education, healthcare and other service sectors.
Most MBA programmes have a similar curriculum consisting of (a) Foundation Courses (b) Functional Courses (c) Courses on Environment Analysis and (d) Integrative Courses.
Foundation Courses include subjects like Economics, Quantitative Methods, Computers, Behavioural Sciences, etc.
Functional Courses include subjects on Finance, Marketing, Production and Human Resources Management. All MBA students should be familiar with all these functional areas. Depending on the student's interest and aptitude, he/she may choose one or two areas of specialisation in the second year.
Courses on Environment Analysis enable students to comprehend environmental factors in the overall system like political, economic, social and cultural systems, legal aspects, competition etc., within which all businesses must operate.
Integrative Courses include subjects on Business Policy, Strategic Management, etc., by which students get a total view of the entire organisation.
Most Management Institutes extend programmes based on the subjects mentioned above with individual variations. The unique feature of the IIMs is the flexibility of options in the courses offered in the second year; in most other institutions, students must choose an area of specialisation and take all the courses offered in that area.
2006-12-06 05:44:58
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answer #1
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answered by Anonymous
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Unless you have money, a MBA is a waste of time. The economic theories you learn in the classroom usually become outdated in five years. Also, unless you work with others who have MBAs, it could end up hurting you, causing intense jealousy with co-workers.
2006-12-06 10:24:57
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answer #2
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answered by mac 7
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doing mba from recognise institution like Indian School of Business, Indian Institute of Management, JNTU and alike is really worthwhile. Otherwise its is not of much help.
2006-12-06 12:22:24
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answer #3
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answered by mir n 1
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