Master of Business Administration
Eligibility:- graduation in any stream from a recognised university with a minimum of 50% (45% for sc/st holding a valid caste certificate) in aggregate
Duration:- The 2 years Post Graduation Degree Progrmme
Affiliation:- Dr. APJ Abdul Kalam Technical University, Lucknow
MBA is an internationally accepted masters (post-graduate) level degree that
• imparts a strong theoretical foundation in business concepts
• provides practical opportunities (via internships, group assignments and individual projects) to test what students learn in the class
• builds hard-skills in the areas of management and leadership
• polishes a range of soft-skills like communication, motivation and negotiation
• opens up global opportunities for career growth
• allows MBA students to start an independent business after graduating
Structure and Content
In general, MBA programs are structured around core courses (an essentially standard curriculum and elective courses that allow for a subject specialty or concentration.Thus, in the program's first year (or part), students acquire both a working knowledge of management functions and the analytical skills required for these. After the first year, many full-time students seek internships. In the second year (part), students pursue elective courses, which may count towards a specialization, dependent on program. The degree culminates with coursework in business strategy, the program capstone. A dissertation or major project is usually a degree requirement after the completion of coursework.
Programs are designed such that students gain exposure to theory and practice alike. Courses include lectures, case studies, and team projects; the mix though, will differ by school and by format. Theory is covered in the classroom setting by academic faculty, and is reinforced through the case method, placing the student in the role of the decision maker. Similar to real world business situations, cases include both constraints and incomplete information. Practical learning (field immersion) often comprises consulting projectswith real clients, and is generally undertaken in teams (or "syndicates"). The practical elements (as well as the case studies) often involve external practitioners—sometimes business executives—supporting the teaching from academic faculty.
The Master of Business Administration degree
The Master of Business Administration (MBA) is an internationally-recognized degree designed to develop the skills required for careers in business and management. The value of the MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry, and other areas.
Most MBA programs include a "core" curriculum of subjects, such as accounting, economics, marketing, and operations, as well as elective courses that allow participants to follow their own personal or professional interests. Some schools require that MBA candidates complete an internship at a company or organization, which can lead to concrete job opportunities after the program.
The MBA is currently the most popular professional degree program in the world. Today there are over 2,500 MBA programs offered worldwide; most are offered in English. First introduced at universities in the United States around the turn of the 20th century, MBA programs have evolved to keep up with the demands of the times.
SCOPE AND FUTURE ASPECTS
An MBA can help with career advancement
One of the most common reasons for doing an MBA is that, for many people, it can lead to the next step in their careers. Sometimes, after working for a certain amount of time, people find that they’ve reached a certain level in their careers, and they need something else to get to management-level positions. An MBA can add specific business skills to your toolkit, such as leadership or strategic thinking, that will be good firepower when applying for management-level positions or promotions.
An MBA can help you meet people
It’s said that it’s not what you know, it’s who you know. If you do an MBA, you can meet a lot of people: you’ll be surrounded by professors, faculty, and students from all over the world. Internships – which are a required component of many MBA programs – are a way to get a foot in the door into companies and industries you are interested in.
And beyond that, most business schools will sponsor events such as panels and mixers, where you can meet people from the business world and beyond. Additionally, many business schools’ career services departments will host networking events, where potential employers will come and introduce themselves to you and your fellow students. All of these will prove to be invaluable assets as you look for jobs after graduation.
An MBA can help you learn about other functional areas and industries
Students who want to shift from one industry to another will find that an MBA can help them with specific information that may be necessary for the new industry. For instance, changing from the retail sector to the energy sector might require specific knowledge about regulatory issues or energy policy.
Likewise, changing from one functional area, like information technology, to another, like marketing, might require a different way of thinking about business.
In either case, some students find that a specialized MBA program can help them bridge those gaps.
An MBA program can help you move to a new place
An MBA program can be a good way to move to another city, or even another country. Just being in a new place for one or two years can help you get the lay of the land, find companies that you want to work for, and arrange meetings with potential employers. In fact, many students choose their MBA program based on location — with a long-term view of staying and working after graduation.
Those who do want to move to a new country should be aware of visa regulations. Some MBA rankings rate school based on a metric called “international mobility,” meaning the number or percentage of graduates who end up working in a country that’s different from where they are from.
An MBA can help you make more money
The bottom line is that a good MBA program can provide a measurable increase in salary. In fact, for most of the trustworthy MBA rankings, post-MBA “salary increase” is one of the main metrics for judging a school’s quality in relation to others.