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If youu2019re thinking of pursuing an MBA, you likely have many questions about what to expect. How long will it take to complete an MBA program? How much will it cost? What are the admissions requirements? Letu2019s first discuss these questions.
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WhattoExpect WhenPursuinganMBA It’snosecretthatpursuinganMBAcanbeatime-consumingandexpensiveinvestment.Butformanybusinessprofessionals,it’salsoawellworthitinvestmentthatcanleadtoasuccessfulcareerinbusiness. Ifyou’rethinkingofpursuinganMBA,youlikelyhavemanyquestionsaboutwhat to expect.HowlongwillittaketocompleteanMBAprogram?Howmuchwillitcost?Whataretheadmissionsrequirements?Let'sfirstdiscussthesequestions. ThingsThatYouCanExpectWhenPursuinganMBA: HowlongdoesittaketogetanMBA? MostMBAprogramscanbecompletedintwoyears,althoughsomepart-timeandonlineprogramsmaytakelongertocomplete.AnMBAprogramtypicallyincludescorecourseworkinbusinesstopicssuchasaccounting,finance,andmarketing,aswellaselectivecoursesinspecialisedareasofinterest. HowmuchdoesanMBAdegreecost? ThecostofpursuinganMBAdegreevariesdependingontheschoolyouattendandwhetheryouenrolinafull-timeorpart-timeprogram.Generally,anMBAdegreefromatopbusinessschoolinIndiawillcostbetweenINR50,000toINR40lakh.
WhataretheadmissionsrequirementsforanMBAprogram? AdmissionsrequirementsforMBAprogramsvarybyschool,butmostprogramsrequireapplicantstohaveabachelor’sdegreeandseveralyearsofworkexperience.OthercommonadmissionsrequirementsincludetakingtheGMATorCATexams,submittinglettersofrecommendation,andwritingessays. WhatarethecareeroptionswithanMBAdegree? AnMBAdegreecanopenthedoortoavarietyofcareeropportunitiesinboththeprivateandpublicsectors.ManyMBAgraduatesgoontoworkinmanagementpositionsinfieldssuchasfinance,marketing,businessanalyticsandconsultingetc.OthersusetheirMBAdegreetostarttheirownbusinesses. Here’salookatsomeoftheotherthingsthatyoucanexpectwhenyoupursueanMBA: AMoreCompetitiveJobMarket AnMBAcanmakeyoumorecompetitiveinthejobmarket.WithanMBA,you’llhavetheskillsandcredentialsthatmanyemployersarelookingfor.PursuinganMBAcanopendoorstonewopportunitiesandhelpyoulandthejobyoureallywant. AHigherSalary AnMBAcanalsoleadtoahighersalary.MBAgraduatesoftenearnmorethantheirnon-MBAcounterparts.WithanMBA,youcannegotiateforabettersalaryandbenefitspackage. MoreJobSecurity AnMBAcanprovidemorejobsecurity.Intoday’seconomy,companiesareoftenlookingforwaystocutcosts.Onewaytheydothisisbyreducingstaff.ButMBAholdersareoftenseenasvaluableassetstocompaniesandarelesslikelytobeletgointougheconomictimes. NewSkillsandKnowledge PursuinganMBAwillgiveyounewskillsandknowledge.You’lllearnaboutbusinesstheoryandpractice,andyou’lldevelopnewanalyticalandproblem-solvingskills.AnMBAcanalsogiveyouaglobalperspectiveonbusiness. ANetworkofContacts AnMBAcanalsogiveyouaccesstoanetworkofcontacts.You’llmeetotherbusinessprofessionalsandbuildrelationshipsthatcanbebeneficialbothprofessionallyandpersonally. Flexibility AnMBAcangiveyoumoreflexibilityinyourcareer.WithanMBA,you’llhavetheskillstomoveintonewindustriesorstartyourownbusiness.You’llalsohavetheflexibilitytoworkindifferentpartsofthecountryorworld.
7.BetterJobSatisfaction MBAholdersoftenreporthighlevelsofjobsatisfaction.WithanMBA,you’llbeabletopursuethecareeryoureallywantandmakeadifferenceintheworld.You’llalsohavetheopportunitytocontinuouslylearnandgrowinyourcareer. Finalwords PursuinganMBAcanbeabigdecision,butitcanalsobeagreatinvestmentinyourfuturecareer.CarefullyconsideryourgoalsandresearchdifferentprogramstofindtheMBAprogramthat’srightforyou. StudyMBAwithIBMR-BestMBACollegeinDelhiNCR LookingforthebestinstituteforMBAinDelhi?LooknofurtherthantheIBMR!IBMRisoneofthetopMBAcollegesinGurgaonandoffersaworld-classeducationtoitsstudents.Thecollegehasahighlyexperiencedandqualifiedfaculty,state-of-the-artinfrastructureandacommitmenttoprovidingthebestpossibleeducationtoitsstudents.TheIBMRisalsohometoalargenumberoftopBschoolstudentsfromacrossDelhiNCRwhoarelookingtopursueacareerinmanagement.ContactustoknowmoreaboutourMBAprogram.