A Master of Business Administration (MBA) is one of the most popular professional degrees not only in India but across the globe. However, it is important to understand in the very beginning that an MBA is a serious investment of time and money. Though it is only a two-year degree program, the time spent in its preparation could be substantial. This is because the popularity of this two years professional course has reached an unprecedented level in India. Every year lakhs of students take different management competitive exams to get themselves enrolled in various top level business schools spread across the country.
The competition is immensely tough and you have to put in a lot of time and effort preparing for important competitive exams like CAT, XAT and MAT. Then there is the issue of tuition fees. An MBA program conducted by any good business school in India by any stretch of imagination does not come cheap. The tuition fees for almost all the major B-Schools in India are likely to exceed over one million rupees for the entire duration of the course. The best thing about top level management institutes is that they offer extremely high return on investment (ROI). Graduates from top B. Schools are prised assets in the marketplace commanding a huge salary package. It therefore becomes quiet easy for them to recover the cost of their MBA within a couple of years of passing out.
The trouble is in store for students who have done MBA from low quality management institutes. After paying astronomical tuition fees, they realise to their horror that that there are no takers for their degree in the marketplace. Inferior management institutes neither have the infrastructure nor does the faculty to offer a management education that produce confident and competent graduates. You could in fact see, majority of these second-string institutes operating from a three room house or buildings with just few staff and a couple of computers thrown in to show semblance of an educational institute. These low quality institutes charge an astronomical fee and offer nothing in return that could be considered worthwhile.
An MBA as such places heavy demand on your time as well as your money. When such important resources are involved and that too in such a higher quantity, you would agree that extreme caution is required. Deciding to pursue this two year professional degree program, which prepares aspirants for senior level management positions, as such should be done with utmost care and prolonged deliberation. Making the correct choice of a management institute, which prepares you well for the challenges of the market place, should be your number one priority.
We again reiterate that selection of the right management school is the most important part of your entire MBA application process. MBA aspirants often lacking knowledge, patience or both do no pause to think twice before taking admission in the first business school that comes their way. This is nothing short of strangulating your own career with your bare hands as bottom-rung institutes after charging you hefty fees will provide you with a degree at the end of two years which for all intents and purposes will be not worth the paper it is printed on.
In the following paragraphs we shall look at some important benefits offered by doing MBA from a quality business school with impeccable reputation of delivering solid management graduates. Top reasons for which it is worth trying your luck to get admission in Top MBA colleges in Gurgaon or for that matter Top MBA colleges in Haryana are as following:
Top Institutes offer Lifelong learning opportunities
An MBA is rigorous two year degree program that does not permit you to slip into your comfort zone. This aspect is hard to find in other disciplines where the human tendency to conform to a certain repetitiveness often sets in after two or years of professional life. Creation or development of a certain type of comfort zone often cajoles people to stay away from challenging the status quo. This could prove to be extremely detrimental for your career progression as a globalised world with fast changing technological and business practises require agile managers who can quickly react to any situation.