Management Quota Direct Admission in Top MBA Colleges

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One of the biggest challenges faced by aspiring M.B.A students is finding ways to meet ends as far as the high costs of attending B-schools are concerned and for that there is one question arise that do you want MBA direct admission in top colleges or not. But you know what students always answer is “yes” because this degree is considered as one of the prestigious degree in the globe.

Do You Want MBA Direct Admission in Top Colleges

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How is an M.B.A Different from a Masters in Management?

( Do You Want MBA Direct Admission in Top Colleges )

Management studies have gained considerable popularity in the Indian academic sector. M.B.A aspirants comprise a varied bunch, with individuals from various streams, including both fresh graduates and seasoned professionals. Do You Want MBA Direct Admission in Top Colleges

Similarly, a wide range of courses are offered by different Indian universities and B-schools. However, while some of these are classified as M.B.As, others are recognized as Masters in Management. Do You Want MBA Direct Admission in Top Colleges

As per global standards, the traditional two-year Post-Graduate Diploma in Management (PGDM) is considered to be the Indian equivalent of a Masters in Management course. On the other hand, the one year executive M.B.A courses are classified as an M.B.A program. Do You Want MBA Direct Admission in Top Colleges

Here are some of the important aspects that set these two popular management courses apart. Do You Want MBA Direct Admission in Top Colleges

Course Content & Approach

( Do You Want MBA Direct Admission in Top Colleges )

Although both courses are essentially related to management studies, the approach for each differs significantly. The master’s degree course has a more academic approach, as it instructs you in the fundamentals and theories of business management. Do You Want MBA Direct Admission in Top Colleges

However, the one year M.B.A programs in India adopt a more practical and skill-based approach. They employ case studies and classroom interactions to analyse real-life business situations. Do You Want MBA Direct Admission in Top Colleges

Selection Criteria
( Do You Want MBA Direct Admission in Top Colleges )
The criteria for applying to a Masters in Management program generally focuses on the applicant’s academic achievements and capabilities. This includes the scores acquired at graduation and competitive entrance exams. The selection process for an executive M.B.A course is a little more complex, as it not only considers the academic aspects, but also analyses soft skills and professional capabilities.

Work Experience
( Do You Want MBA Direct Admission in Top Colleges )
Masters in Management courses usually accept candidates with little or no working experience, as the course does not require any prior knowledge of business concepts. Candidates applying for the one year pg program however are required to have at least 5 years of work experience. This is to ensure that the applicant is acquainted with certain basic concepts. Do You Want MBA Direct Admission in Top Colleges

Employment Opportunities
( Do You Want MBA Direct Admission in Top Colleges )
After graduating with a Masters in Management, your career prospects include entry-level jobs in management profiles within marketing, finance, human resources and other departments. On the other hand, one year M.B.A programs in India enhance your professional skills, allowing you to take on executive and leadership roles.

Indian M.B.A Programs v/s International Programs

( Do You Want MBA Direct Admission in Top Colleges )

Aspiring candidates for management studies have abundant choices in terms of the courses offered. These options are not only limited to Indian institutes, but also include a large number of international universities. Although it doesn’t hurt to have a number of alternatives, it can also lead to much confusion. Indian candidates, in particular, are often seen debating whether to opt for an Indian program or pursue their M.B.A abroad. Do You Want MBA Direct Admission in Top Colleges

Undoubtedly, each program has its merits and demerits. Studying overseas gives you exposure to global trends. On the other hand, Indian programs tend to be much more affordable and many also match global standards.

Here are a few things you should consider while choosing between M.B.A courses in India or overseas. Do You Want MBA Direct Admission in Top Colleges

Duration of Programs
The traditional M.B.A in India is typically a two year program, but the 1 year full-time M.B.A in India is also gaining prominence, especially among experienced professionals. Most international programs are one year courses, other than the US-based programs which follow a two year curriculum. Do You Want MBA Direct Admission in Top Colleges

Criteria for Selection
Indian institutes use competitive test scores such as CAT for acceptance into the traditional two year program. The candidates need not have any prior work experience. Most international programs have a number of eligibility criteria, such as soft skills, along with GMAT scores. Another important requirement is a work experience of at least 5 years. Similar requirements are applied for selection to the one year M.B.A in India. Do You Want MBA Direct Admission in Top Colleges

Funding
Pursuing an M.B.A anywhere requires significant funds, as the fees for such programs are very high. In India, a regular M.B.A would cost anywhere between INR 5-20 lakhs, whereas an overseas M.B.A spanning just one year, can cost about INR 30-50 lakhs, including the living expenses. While studying in India is certainly the more affordable option, scholarships, and educational loans can ease the financial burden of studying abroad. Do You Want MBA Direct Admission in Top Colleges

Career Prospects
Most Indian institutes have a reliable industry network, with great placement opportunities even for candidates without prior work experience. An M.B.A from a reputed institute is valued by most Indian employers. On the other hand, getting your M.B.A from an international institute makes your profile viable for jobs with international employers. Campus recruitments overseas however, are rarely as dynamic as in India. Do You Want MBA Direct Admission in Top Colleges