Scope of MBA

MBA Gateway Team
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Scope of MBA
It’s very obvious to know everything about the course and profession before rolling into it. MBA shorthand for Master’s in Business Administration is a very dynamic and day highest-grossing profession. One may wonder or want to know where do MBA stand or in simple words what is the scope of MBA? Yet it is quite difficult to explain scope of MBA precisely. Still check this out! Talking about scope of management I will say that it I very wide. Truly! No field can work without management. The very essence of foundation of any industry is management. If  a student want or a professional is thinking to choose MBA as profession, it will prove as one of the best decision for the career and growth. Pursuing an MBA will give you skills that you may use to solve day-to-day business and management problems. MBA courses are more relevant today than ever before. MBA is one of the big job oriented professional programme and the most one which has been sought by the students. Once you have completed your degree, you have a great job opportunity in the industrial world. You may the manager or executive in term of designation. The management term is most suited to the managers and that’s why it is the way, where you can reach on the top of the height as soon as possible by using your leadership and working proficiency. Management is Universal and multidisciplinary. It’s used everywhere. In organisation, scope of management is everywhere. In,  
  •         Production department – From the start of purchasing raw materials, to the process of turning it into a finished good.
  •         Marketing – In research ,marketing, sales, maintaining brand value.
  •         Human Resource management – From job analysis, HR planning, to grievance handling
  •         Finance – Managing Capital, Investment, Dividend decisions
  •         Strategic management – From formulating policies and strategies, goals, to implementing and evaluating them.
  •         Information technology – managing information, communicating.
Scope on the basis of current trends
  •         Unique Knowledge
Competition is cut-throat and it is high time to think differently to stand out of crowd. There are several graduated ready with similar knowledge and skills. If you possess uniqueness within yourself, you will definitely will be welcomed.
  •         Emerging Economy
Economy of various countries are emerging and it proves a playground for MBA graduates, because it is easier to navigate unstructured markets with a structured mind. Companies are constantly looking to expand in such economies, and they need professionals trained in business and management to give direction to their growth.
  •         Promotions
Promotions and increase in salary levels are rapid. All you need to do is sharp your skills Conclusion At last I can summarise the scope of MBA by saying ,”Anything without MBA is nothing”.

MBA Financial Aids

MBA Gateway Team
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MBA Financial Aids
One may have dream to pursue higher studies. What stops some of the aspirants from doing so is  low income. MBA is Master’s in management which offers various specializations.  The focus of this article is on the financial aid  that management institutions provide in the form of scholarships. These scholarships are avail by the candidates on the basis of merit and not only need based. These are very prestigious and the deserving one can grab them on the basis of his capability. MBA is a quite costly program and if it is in abroad one needs to plan each and every aspect. There are many institutions and universities which offer numerous scholarships and there is a perception that these are very difficult to get considering the number of students eyeing on them, it is surely not an impossible task as it may seem. To increase the probability of grabbing one for you, being an early bird will be useful. Scholarships do fall in various categories in the basis of:
  •         Nationality
  •         Gender
  •         Professional Development
  •         Educational Background
A lot of scholarships are merit-based, need-based, those with military background or for those who have shown leadership qualities or have a unique profile. The need-based scholarships would be given after considering your financial scenario including various assets and prior outstanding loans/liabilities. Make sure that while applying for a scholarship , you meet all the qualifying criteria. There  is he possibility of writing scholarship essay or interview as done  during admission. It help you to prove yourself to be the right choice for that opportunity. Here is the description of some of the scholarships that will help you British Chevening Scholarships for International Students Scholarship Provider:  Any University of UK Course: Full-time taught Masters Degree Programme in any subject Awards: Around 1,500 scholarships globally will be offered. Deadline: 6 November(annually)   International Business Scholarships for Foreign Students in France Scholarship Provider:  Institut de Langues et de Commerce International (ILCI) Paris Eligible Students: To be eligible for this scholarship Mast has a Bachelor degree. Course:  Scholarships are available to pursue an MBA (BAC+5) program. Award Details: The scholarship includes up to 50% of total tuition fee. Application Deadline: Deadlines for application are 30 September and 31 December each year.   Nestle MBA Scholarships for Women from Developing Countries Scholarship Provider:  IMD in Switzerland Course:  Masters in Business Administration (MBA) Eligibility: Preference is given to women from developing countries.  Employees of Nestlé or its subsidiaries are not eligible. Application Deadline: 30 September (annual)     Skoll MBA Scholarships at Said Business School Scholarship Provider:  Said Business School at University of Oxford, UK. Brief description: The Skoll MBA Scholarship is a competitive scholarship for incoming MBA students who pursue entrepreneurial solutions for urgent social and environmental challenges. The Scholarship provides funding and exclusive opportunities to meet with world-renowned entrepreneurs, thought-leaders and investors. Course:  Full-time Masters in Business Administration (MBA) Number of Awards: Up to 5 every year Application Deadline: 7 Sept/2 Nov 2018 .   Kofi Annan MBA Scholarships for Developing Country Students Scholarship Provider:  ESMT European School of Management and Technology, Germany in cooperation with the Kofi Annan Business Schools Foundation in The Hague, Netherlands. Brief description Kofi Annan Fellowship is a fellowship grant for an emerging leader from a developing country for a two-year Master’s in Management (MIM) or a one-year full-time MBA education at ESMT Berlin in Berlin, Germany. Course:  One-year, full-time Masters in Business Administration (MBA) or  a two-year Master’s in Management (MIM) Number of Awards: Up to 5 every year Application Deadline: 30 June/30 Sept (annual).   Stanford Africa MBA Fellowship Scholarship Provider:  Stanford Graduate School of Business, USA Brief description Kofi Annan Fellowship is a fellowship grant for an emerging leader from a developing country for a two-year Master’s in Management (MIM) or a one-year full-time MBA education at ESMT Berlin in Berlin, Germany. Study In: USA Course:  Masters in Business Administration (MBA) Number of Awards: Up to 8 Application Deadline: 15 Jun 2016 (annual)     ADB Scholarships at University of Auckland Scholarship Provider: University of Auckland, New Zealand Brief description :The ADB-Japan Scholarship programme aims to provide an opportunity for well-qualified citizens of ADB’s developing member countries to undertake postgraduate studies in economics, management, science and technology, and other development-related fields at participating academic institutions in the Asia-Pacific region. The University of Auckland is one of the participating academic institution. Study In: New Zealand Course:  The University of Auckland programmes covered by this scholarship scheme are limited to the following:
  • Master of Public Health
  • Master of Science (Environmental Science)
  • Master of Arts (Development Studies)
  • Master of International Business
  • Masters Programmes in Engineering
Application Deadline: 20 July 2017 (annual)   Foundation Rainbow Bridge MBA Scholarships for African and Asian Women Scholarship Provider:  HEC Paris, France Brief description :The Fondation Rainbow Bridge Scholarship is available for women from Asian or African countries affected by natural disasters, drought or famine to pursue an MBA programme at HEC Paris. Study In: Paris,France Course:  Masters in Business Administration (MBA) Number of Awards: Up to 2 per year Application Deadline: 15 Jun/26 Nov 2018 (annual)

New Challenges for MBA Admissions

MBA Gateway Team
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New Challenges for MBA Admissions
Gone are the days when applying for MBA was just an envelope away. All you have to send a fat envelope with your resume, references, essays and other odds and ends. But today, in the age of technology and digitalization, the big manila envelope is increasingly being seen as old-fashioned. Now no one is interested in the pile of papers. All everyone wanted is reality. B-schools are looking for cutting-edge content including Instagram posts and tweets as well as video essay instead of written ones. Beyond being simply more hoops to jump through, these new application components, business school representatives say, are a way to let an applicant’s personality shine through. Showing off through video essay has become a way of showing off your personality. In fact many B-Schools have made video essays as a part of admission. These are designed to allow applicants to show more of their personality than they could with a regular written essay. MBA students are often being interviewed for jobs by video before they ever set foot on a prospective employer’s campus. This trend has accelerated over the past year. Also, video conference calls have become a standard global communications outlet. It is definitely a new procedure and a complete usage of tech. In reality it is not that easy as it sounds or the way it looks. When someone is interviewing virtually or asking you to submit your answer in a go within the application software, you will only have once chance to record your response. But in terms of an MBA application, the benefits of the video format are many: the opportunity for international students to show off their English skills, display necessary business skills like presentation and comfort in front of a camera, as well as creativity and a chance to express what an applicant wishes to get out of the program. The video option was designed to give applicants a creative option, but when it comes time to submitting multiple MBA applications, writing one more short essay might just be easier. LinkedIn, Instagram and Pinterest can be valuable MBA application tools Who said that social media is just a waste of time . Here is alive example of making social platform an asset. Last year McCombs a B-School offered the possibility for applicants to save time collecting up letters of recommendation by allowing them to submit recommendations on their LinkedIn pages. However, the school does ask applicants to submit links to their LinkedIn profiles – a social media tool that they will need when applying for jobs nearer the end of the program – as well as other social media that allow them to show a more personal side of themselves. About 10 percent of students submit a Pinterest board, curating a set of images that explain why McCombs, based in Austin, is the right choice for them. Texan barbecue features heavily.   Tweet your MBA application   Among all these possible options, it might seem that a written essay just might take up less of your time. And the admissions team at Tippie College of Business has previously experimented with an option that, at first glance, appeared to be even faster: an essay in tweet form. This began as a tweet competition for MBA scholarship applicants, with the idea that applicants would use the tweet to link to further content. However, the school copped some flak after the eventual winner was found to have previously tweeted something offensive that other Twitter users later dug up – a reminder to keep your online presence squeaky clean. With the admissions team had removed the Twitter component from the MBA applications process, the freeform essay leaves a lot of room for creativity, but also the opportunity to ease some pressure. Beyond Social Media and Technology It seems that rather than being attracted to the bright lights of new technology, business school admissions teams are focusing on drawing out personality.  Business Schools have taken this idea of personality curation and developed the 25 Random Things essay, where applicants list 25 things they’d like the admissions team to know about them. Oftentimes in more traditional essays we see applicants trying to write about what they think we want to hear. additionally open admissions interview are offered on campus to anyone who is interested, along with interviews by invitation to selected applicants. The interviews are conducted by second-year MBA students on campus, or alumni off-campus. So showing plenty of personality in the 25 Random Things essay is still the best way to attract the admissions team’s attention. Social media and new technology might offer new ways to connect, it seems that when it comes to impressing MBA admissions teams, being able to you’re your personality is what will really make the difference between an acceptance or rejection letter.

MBA Eligibility

MBA Gateway Team
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MBA Eligibility
MBA a dream career of many undergraduates and also of few postgraduates. It is such a versatile profession that it offers guarantee success to an individual. There are various specializations that one can achieve through MBA. Before enrolling in the course of your preferences here is the answer to your question on MBA eligibility. Basically we will check general eligibility which will be irrespective of any particular course and country. Also let’s discuss about entrance exams that can give you a place in your dream college. MBA Requirements MBA applications are evaluated by MBA Admissions Committee. Here is what they they look in the application of an aspirant. Academic Requirements: The first and foremost important criteria to be completed is the availability of a Bachelor’s degree in any discipline whether it is BTech or B.E., BCom or BSC, or even a medical bachelor’s degree with an aggregate 60% marks minimum. Working Experience: Most of the countries do demand a substantial exposure of the candidate in the real industry. They do expect technical work experience as well as managerial work experience from the candidate(leadership, coordination, planning) from the student. It is not a compulsory criteria. There are some MBA schools willing to have exceptional applicants with no work experience. But it is rarest case when you seek to study in abroad. MBA Entrance Exams: Entrance Exams are conducted every year which makes you eligible for MBA. You can give these exams on completion of your Bachelor’s degree. Traditionally GRE score was considered for MS whereas GMAT score was considered for MBA. Today, there is no such restriction as both GRE and GMAT score are considered for MBA. Along with these exams there are also language proficiency exams. Language Proficiency Exam: English is globally spoken language.  Most of the Universities consider English as a tool of communication. Thus, many Universities do require a proof that applicant do know English well. The two most popular Internationally recognized exams are TOEFL and IELTS. Unlike GMAT or GRE these are not aptitude exams. For this English proficiency section you had to be interacting(speaking) with a human being. A good score do matter a lot to get admission.   MBA Application Requirements:          MBA application is not a just one page form. Instead there will be shock for you. MBA applications are more time-consuming and vast than a job application. They do require more alertness and preparation. It do contain two sections: General Section: It is the easiest section which can be filled easily. You just need to fill your basic bio along with your academic grades and also aptitude and English proficiency scores. Writing Section: It is not so easy section. In this there are various questions are provided to you and you have to answer them all. It will be related to your work experience, MBA goals and strategies. You need to know how write MBA essays. Recommendations: Recommendations is important for your eligibility. Generally, applicants ignore this important aspect. Every B school has its own recommendation procedure. Many adcoms are interested in professional recommendations from your managers and supervisors. This let them know how well you were in your work. Do consider it and have at least 2-3 recommendations with you. These all were the essential MBA eligibility points that an MBA aspirant should be aware of. Do consider them all. Hope it was useful for you and helped you.

Top Countries For MBA Salary levels

MBA Gateway Team
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Top Countries For MBA Salary levels
MBA is the most preferred profession by students as well as professionals from different backgrounds. The reason which makes an MBA such a preferred profession is the growth that it provides to an individual in terms of work, designation, and finances of course. The generous MBA salary packages enjoyed by recent graduates are among the most celebrated of these, as are the prospects of further growth in this department.  Here  is a list of top countries which do offer a good salary exposure:
  •  Australia
Australia is a wonderful place for study as well. It does offer a decent living to an individual while studying. In the Asia-Pacific market, Australia remains a key player and boasts the top average compensation for MBA jobs at US$133,100. While average salary levels are much lower than in Switzerland, this is made up for with big bonuses averaging over US$15,000. The strengthening of the Australian dollar plays a part in this. But the key factor is the competitive market, which seeks to hire the finest multinational MBAs from leading business schools across Asia, meaning that employers are prepared to pay out to secure the best graduates.
  • Switzerland
Heaven on Earth a very peaceful and safe place to live. It also offers a very good MBA education. At a time of austerity in Western Europe, Switzerland saw a slight decrease in MBA salary, but continues to head up the European tables, with average remuneration standing at US$129,700. This average rate is a reflection of the strengthening of the Swiss currency, but more importantly is due to the relocation of much multinational company’s headquarters, away from places like London or Frankfurt, to Switzerland in order to reduce corporate tax bills and this has led to an increased requirement for MBA graduates in the country.
  • UK
Businesses in the UK continue believe strongly in the value that MBAs bring. Accordingly, it stands fourth in the world for MBA salary levels (US$106,100). This confidence seems justified. In the service sector, MBA recruitment is seen as a considerable factor in the dominance of the industry in UK economy. Banking however, which also remains central to British economy, is still yet to regain full momentum in terms of MBA hiring in the post-crash world. The UK’s position on the global business education stage means that the value enjoyed by those who work there is also shared with those who have studied or gained some experience in the country.
  • France
The MBA market in France has been in decline over the last decade. It is no longer in the top 10 list for the total number of MBA jobs. Despite this, employers in France offer an average overall MBA salary and bonus of US$100,800 to their MBA employees, meaning that it stands at fifth in the world. Average salary levels in France actually exceed the UK’s if bonus levels are discounted.
  • US
MBA demand has been pretty flat in North America, but there are outlooks of up to 16% growth over the next year according to the QS TopMBA.com report. This is seemingly due to the renewed confidence in economic recovery. This is echoed in Europe, which means the potential for renewed demand for MBA graduates from employers across the globe is high next year. However, looking to the present, despite the slowdown in growth, MBA salary levels in the country remain high, standing at US$98,300. It would not be a surprise to see an increase in employee incentives and salaries accompanying next year’s predicted surge in interest.
  • Germany
Although MBA salary levels in Germany are significantly lower than that of Switzerland, coming in at US$93,700, this is not necessarily representative of an equal lack of demand. Rather, this is due to the fact that more MBA employers in Germany are hiring internationally from Asia and the Indian subcontinent reflecting the German economy which thrives on the demand for German goods in Asia. Subsequently demand for Asian MBAs to join German companies and vice versa in order to maintain strong global, money-making relationships, is high.
  • Spain
Hit hard by austerity, Spain has seen a 16% contraction in the demand for MBA jobs this year but remains in the top 10 for overall MBA salary and bonus levels which sit at US$92,900 on average. There is good news on the horizon for MBA job availability though, with a forecast of 6% growth in demand in 2014. We can expect this to be reflected in future salaries.
  • Canada
Lastly is Canada with an average overall compensation of US$91,600. Along with the US, Canada is forecast to see a 16% growth in demand for MBA graduates which will see a huge shift in hiring confidence from both local and international companies. Big employers are recovering from the dip in the economy, particularly in the financial services, and are keen to hire new MBA graduates. This will undoubtedly lead to increased wage prospects and career progression. Canada is full of dynamic culture and great opportunities ahead. One can get a permanent visa while studying. The list is very amazing with wonderful places to live. All of the places have their own uniqueness but possess a similarity of providing great work experience and opportunities.

GMAT for MBA : A Short Intro

MBA Gateway Team
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GMAT for MBA : A Short Intro
MBA a dream career which provides an opportunity the aspirants to advance their career.  MBA offers a versatility to a degree holder. Before all this one needs to enrol in a MBA course and for that let’s check out the path i.e. GMAT What is GMAT? GMAT-Graduate Management Admission Test is a aptitude test which makes MBA applicants eligible for MBA in abroad. GMAT is a computer adaptive test  which analyse a person’s writing, verbal, quantitative and reading skills in standard English. GMAT is a computer adaptive test which means that the candidate will get one question at one time to answer, depending on the accuracy of previous answer. Difficulty level is ascertained. GMAT score vary from University to University, a minimum GMAT score required is 710 but some middle tier Universities also accept 600 score. Mini GMAT GMAC(Graduate Management Admission Council) has recently launched a mini GMAT called Executive Assessment Exam for Executive MBA. Mini GMAT is specially designed for EMBA applicants and is considerably of shorter duration. It is meant to test analytical and logical thinking of the candidate which is meant for Executive MBA. GMAT Eligibility Age Criteria: As such there is criteria set by GMAC for GMAT but there is eligibility criteria set by universities/colleges which one must follow:
  •         The must have completed 18 years of age
  •         There is upper age limit of the candidate
Qualification Required:
  •         GMAC has not announced any official statement regarding qualification required to appear for GMAT
  •         Candidates who wish to enrol for MBA programme should posses a graduate degree in any discipline from a recognised university
GMAT Pattern The GMAT exam pattern consists of mainly four sections which will test the candidate’s’ abilities on various parameters. These are – Writing, Reasoning, Verbal and Quantitative skills. The GMAT exam will be conducted in a time span of 3 hours and 30 minutes. GMAT scores are given with an increment of 10 points for example: 550, 560, 570 etc.
Section No. of questions Question Type Duration
Analytical Writing Assessment 1 Topic Analysis of an argument 30 minutes
Integrated Reasoning 12 Multi-Source Reasoning, Graphics Interpretation, Two-Part Analysis, Table Analysis 30 minutes
Quantitative 31 Data Sufficiency, Problem Solving 62 minutes
Verbal 36 Reading Comprehension, Critical Reasoning, Sentence Correction 65 minutes
Total Exam Duration     3 hours  7 minutes
 

GMAT Result

The candidates can avail their GMAT result as soon as the exam is over. The candidate will have an option of accepting it or rejecting it. In the case of accepting the result, the candidate and the institutes of choice can view the result; but if the candidate declines the result none of the parties will be able to view the result of GMAT. Once the exam is over, candidates can download the non-official GMAT result. The main GMAT result can be downloaded only after 20 working days from one’s individual account on the GMAT website.   GMAT Preparation When to start preparation depends totally on the candidate. But start as early as possible. Basically it takes 2 months for preparation. But more you practice the chances of getting good score will increase.
  •         Firstly check the complete syllabus and make a proper plan. Do not try to cover  all the   topics at once. Take small steps and gradually increase them.
  •         You can join any coaching if you want. Also try to increase your speed in problem solving.
  •         Do take Online Mock Test Series. It will definitely help you a lot
  •         At end the best path for preparation one can only decide for itself as it differs from person to person.
Plan out the things and do the hard work consistently. No one can stop you to achieve what you want. All the Best!

Job Opportunities After MBA

MBA Gateway Team
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Job Opportunities After MBA
MBA is a popular and most preferred Master’s degree by students as well as professionals. One of the reasons which make an MBA dominating is the various opportunities it provides for career enhancement of an individual. There are various job opportunities waiting for an MBA graduate. Jobs in MBA is not stick to any particular field. It is such a versatile profession that one can find its place with right approach. In short without management no industry can stand, thus there is always a need of management graduates. Banking & Finance: This includes security & investment analysis and portfolio management. These jobs, available with banks, security firms, insurance companies, and various financial organizations, require a professional to make right choices about investments. Related job profiles are in Corporate Treasury, Business Operations and Credit Analysis.   Management Consultant A management consultant’s job is to advise companies on their management practices and identify problems within the organization that may be holding the company back from reaching their goals. Many management consultants are self-employed, while others work for large firms. According to the Institute of Management Consultants, about 27% of consultants are self-employed.   Information System Management: This requires a more technology-focused candidate, day someone with an MBA in Information Systems. Such candidates identify fresh and up-to-date technologies to serve an organization better. They provide a thorough cost analysis for use of the right technology while working with financial and managerial departments.   Marketing Manager Marketing managers oversee the planning and execution of a multifaceted marketing plan to help their companies grow. They set budgets, plan marketing campaigns, and manage staff on the marketing team to conduct market research, launch marketing campaigns, and analyze the data collected from each campaign to make improvements. Their goal is to create more brand awareness and bring in sales. Marketing managers must be knowledgeable about many different types of marketing approaches and also be skilled at leading a diverse team.   Operations Manager An operations manager is sort of a company’s jack-of-all-trades. He or she oversees daily operations, purchasing, inventory, coordination between departments, and policy creation. Responsibilities may also include hiring employees and negotiating contracts. However, this job will vary depending on the organization and expectations of the CEO.   Investment Banking:  This is a job in demand. Companies that hire for this role include SBI Capital Markets, Motilal Oswal & Bank of America Continuum among many others. The right candidate functions as an underwriter. He/she has to connect investors to fund-needing organizations. The candidate must have the acumen to analyze what fits best for the client. They deal with acquisitions and mergers as well as clients. Other job profiles include those in Treasury, Securities and Investment Management.   Financial Advisor Financial advisors cater to the individual rather than businesses, and play a key role in helping families plan for retirement, invest in their children’s education, and build individual wealth. A financial advisor looks out for their clients’ best interests by suggesting good investment opportunities and creating realistic long-term plans.   Entrepreneurship: An MBA enhances your ability to be an entrepreneur. Be a fresh graduate or an experienced professional, choosing your career becomes easy with an MBA in your kitty. Now a days graduates are going for entrepreneurship rather than jobs which is showing an upward trend in terms of employment. One needs leadership skills and very sharp managerial skills. What to choose? It is your career and you should be the only one to decide your field of interest without influence of any one else. There a lot more career options rather than these. Consider the fields and positions work best with your skill set, and you’re sure to find great companies looking for a talented new graduate!

Why to do an MBA?

MBA Gateway Team
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Why to do an MBA?
MBA-Master’s in Business Administration is a course which makes you ready and a ticket to enter into the competitive business world, the way it is. MBA requires demanding requirements in terms of time and also financial investment.  Deciding to pursue MBA is a big decision for globally aspiring managers and corporate leaders. It is not easy to be as it sounds. One may get confused or a second thought may arise regarding MBA. Here are some of the reasons which will let you stick towards your decision of pursuing MBA.
  •         Open doors of golden opportunities
Undoubtedly, MBA is a way which lets an individual to enhance his career. graduates of an MBA programme have higher chances of obtaining and holding a high-level management position. More than 50% of the MBA graduates worldwide are senior managers or board directors. This type of position brings along a higher salary, but also higher responsibilities and longer working hours.
  •         Develop Priceless Skills
MBA is pursued by both young professionals and even by senior one’s . It is a profession which nourish an individual with the skills that not even help them in corporate sector as well as provides a new outlook personally. Some of the skills are:
  • Good Communication skills
  • Know when to make tough calls
  • Hire the right people and keep them motivated
  • Keeping the company’s finances healthy
  • Maintain the company’s positive image
  • Gather and interpret industry data
MBA not only provides a higher designation in a company. It also ensures higher average salary of an MBA graduate as compared to regular or other Master’s qualification. In two-three years’ time, you cover the investment made with your MBA education. Average salaries for MBA graduates
  • In the U.S. – 84,650 EUR/year
  • European countries – 100,000 EUR/year
        Get  access to a large Business Network As an MBA student, you have great networking opportunities. You’ll get to know and interact in a context that accentuates your business management capabilities with colleagues, professors and teaching staff. You gain access to the extensive alumni network of that particular MBA programme. Your connections will give you a great overview of the business world, and a deep understanding of the slightest changes in the business environment. You can reflect on some big business issues, and make connections between various global events and world affairs.  
  •         Entrepreneurship
Many students choose an MBA because they want to become entrepreneurs and learn how to run a successful business. They have an idea and a big dream and want to know how to turn them into reality. An MBA program will help you acquire the knowledge and business practices that are needed to start a new business or help an existing business grow and develop. Many MBA graduates end up starting their own business and those who don’t initially land middle-level or top-level management positions within big companies. Just imagine how becoming your own boss would feel like.

MBA Projects

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MBA Projects
Projects are the most essential element of your learning. It do consist of all the elements that one has learned in course. A project in your resume grabs the eyes of employer and definitely impresses him. Why make MBA Projects? Projects provide you a practical implementation of what you have learned so far. It provides confidence and helps you to get a better understanding. Definitely projects will make you stand out from the crowd. With more projects, you make more grip you will be able to hold on to your learning. How many projects to be made? As many number of projects you can make. It completely depends upon your own calibre. You should make at least 3-4 projects while studying. Once you are completed go and find out new resources and keep this trend on. Initially try to make the project alone. Once you succeed with 2-3 projects go and start working in team. At last what matters is the projects and projects. Do not Buy? Students do not even try to build a project. Don’t be so. Make your project on your own. you can take guidance but do not give all the responsibility to someone else and just become a payer. It is of no use to copy and paste someone else’s work. It may help you in college but in long run it’s of no use. When you will make on your own you will research and do read a lot. Even you will be able to think differently and out of the box while working on your own. If you go for just pick and drop option then it will be of no use, it will just shut your brain completely. Here are some of the topics on which you can work:
  •         The Impact of Green Packaging on Wine Consumption: An Analysis of the Swedish Market
  •         Analysis of sales promotion and advertising strategies
  •         The brand loyalty of the carbonated drinks
  •         A study on Employees Absenteeism
  •         E-Commerce international growth — Impact on Supply Chain Management
  •         An exploratory study of employee attitude towards monetary and non-monetary incentives
  •         Micro Finance MBA Project
  •         Role of joint ventures in Profitability Strategies
  •         Key Features of Social Networking Sites and many more

Full Time MBA vs. Part time MBA : Which One You Should Choose?

MBA Gateway Team
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Full Time MBA vs. Part time MBA : Which One You Should Choose?
A Master of Business Administration (MBA) is an internationally recognized degree that will help you learn skills required to build a career in business management. MBA plays an important role for an individual in climbing the corporate ladder. Graduates from MBA programs typically earn higher salaries, and, as a result, the top business schools are highly competitive. In general, there are two routes a prospective student can take when pursuing an MBA: a full-time or a part-time program. Although both options will lead to a degree, there are trade-offs that should be taken into consideration when choosing between the two. Ask yourself? In both the course types time is not the only consideration. There are other factors too. Initially question yourself following and try to get its answers
  •         Why do I want to pursue MBA? To change career or to climb the ladder in the industry you are already working.
  •         What is my financial condition?
  •         How much network access do I have in this field?
  •         What is my marital status?
  •         Do I want to move somewhere else?          
Once you are clear with the answers of these questions you can easily choose the what is best for you. Similarities Let’s make it very  clear that there not at all difference in the curriculum and academics of part time and full time MBA. There will be no compromise with the course and only method of teaching will differ. Prerequisites for application An absolute prerequisite when applying for a part-time MBA is five years of work experience, unlike a 1 year full-time MBA in India, where there is no such stipulated mandate. Entrance tests for full-time MBAs are extremely competitive and high scores will increase your eligibility. For aspirants who miss making the cut, a part-time MBA can be a realistic option. Financial Outlook Obviously, there is a difference in the expenses and fees of part time and full-time MBA. Part-time MBA do offer flexibility in fees paying whereas in full-time MBA one has to pay full fees in one go. In a part-time MBA you may also get sponsorship from your employer. Network Build Up In management world how strong and well connected networks you possess matters a lot. part-time MBA do not provides you much opportunity in building networks but full-time MBA allows you to create a network well. Competition While pursuing full-time MBA one will be able to sense competitive environment and there will be an environment of competition always. On other end in part time MBA one may lack with the competitive feeling. Sometimes due to responsibilities many do also drop part-time MBAs. Time management Since many working professionals opt for a part-time MBA course, its timings are more flexible as opposed to a full-time one. Distance-learning programs and the availability of online resources allow students to study at their convenience. However, a part-time MBA could mean the occasional sacrifice either in your work or study spheres when work-related deadlines and events overlap. A full-time MBA, on the other hand, will allow you to focus on the task at hand without distractions. While choosing a course, whether one year MBA or two, students should factor in the pros and cons of all programs. It is also important to take into consideration their own grades and ability to manage time. Conclusion Deciding between a full-time or a part-time MBA program is a matter of weighing the costs and benefits each option has to offer. Full-time MBAs are ideal for new graduates who can afford to delay working, but they can expect to land better paying and higher-ranking jobs than those without an MBA.  Working individuals who are eager to enhance their existing career path might choose a part-time MBA program in order to remain employed while studying. For those in managerial or leadership roles, the executive MBA might be a more suitable part-time option.
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