What to do after MBA
In India there are nearly 5500 MBA colleges producing nearly 5 Lakh graduates every year. The quantity is very high but the quality is very poor. By many estimates, only 30% of these are trainable for jobs. ASSOCHAM report says that only 7 per cent of the MBA graduates are actually employable. We have seen that just a management degree is unable to give us a good career. This needs to be analyzed, what is further required in order to boost our career and have a good career.
Management is one of the most sought after courses. It is important to choose the place of study wisely before applying. Pursuing an MBA abroad would give a student practical knowledge, better work opportunities, and options for Permanent residency in countries USA, Canada, UK or France. Students get strong infrastructural support, great internships and exposure to latest content and technology besides practical training through projects. Exposure to the business environment during internships in top companies grooms students into future entrepreneurs and business executives. International business school’s high reputation is not only through a rigorous academic approach but also through high salaries and excellent job opportunities after graduating.
Most International universities offer scholarship or apprenticeships to meritorious students. Scholarships are often fiercely competitive and as such require a lot of time to ensure your application is successful. Students also have permission to work upto 20 hours a week while pursuing studies to support themselves economically. Choosing to study an MBA abroad can be a life changing decision.
MBA degree can be pursued in a variety of study modes. Many MBA Programs are for 2 years, but other options are available depending on needs. One can pursue MBA in the following modes:
Standard MBA program (1-2 years)
Executive MBA program (EMBA)
Part time MBA program
Distance learning MBA program
A mandatory standard test for language is also required like IELTS/TOEFL/PTE, which will differ from one country to another. In some countries, one is required to take up competitive exams such as GMAT (Graduate Management Admission Test) to prove competency. Many universities require some work experience within a managerial role. Typically, this is 2 or 3 years, but some MBA programs are more flexible and may require less if the candidate is suitable. Visa application is one of the important steps in pursuing higher education overseas. It is important that one has perfect visa application so that chance of success is high.
The experience of living in a different country comes with the opportunity to take on that nation’s language. Interacting with the native population, business leaders and fellow international students in their dialect will make you a more aware and savvy businessperson. It is very obvious that no two countries are the same, and neither are the ways they run their business. One learns how to work with different leadership and business styles, which will ultimately benefit when one has to lead a probably ethnically diverse team. Overseas MBA universities offer the highest level of education and training for real world situations. The leading MBA institutions have designed their courses with future leaders in mind. These institutions focus on ensuring students are able to adopt a global and local perspective, capable of dealing with complex change and are skilled in leading innovation. Graduates get a unique global perspective, real-world international management experience, and a powerful business network.