The origin of MBA dates back to the 19th Century. Popularly known as ‘Master’s in Business Administration’
By securing an MBA degree, one could learn the science of managing a business, and become a trained professional in the field of Business Management. MBA professionals were badly in demand in the late 19th Century, as the economy of the United Sates was at a growing stage. However, it cannot be overlooked; that the importance of a well qualified MBA Professional is still the same even today, as earlier.
What an MBA Program typically offers?
An MBA Program is mainly designed to introduce the various areas of study involved in managing a business. Right from Finance, Marketing, Accounts to Management, there are various areas where one can specialize and become an expert in.
So, while opting for an MBA Program one can choose to go in for a general MBA Program, or a more specialized one, the choice entirely depends upon the student’s interest of study.
Types of MBA Programs
To suffice the growing needs of the Industry and the aspirants, a number of Institutions have started offering MBA Programs through various modes. Some of the most common modes through which once can secure an MBA degree include the Full Time MBA Programs, the Fast Track MBA Programs, the Part Time/ Weekend MBA Programs, the Distance learning MBA (http://www.ipsmeerut.com/
The Full Time MBA Programs-
A full time MBA Program is a standard program, wherein a student is required to attend the lectures physically, which means that if you are enrolling for a full time program, you can’t take up a job while pursing this course.
The Fast Track MBA Programs-
The MBA Program offered through this mode usually extends for a period of 18 months. This mode of pursuing an MBA is much similar to the ‘Full-Time’
Weekend MBA Programs/Part Time MBA Programs-
As the name suggests, through this mode of MBA, one can choose to take the classes over the weekends, however this program is usually a little longer than the other MBA Programs. Studies suggest that this type of an MBA Program is mostly opted by either working professionals, or by those who are already engaged with some other program etc.
Distance learning/Distance MBA Programs-
The distance learning mode of securing an MBA degree is best suited for working professionals and students, who are unable to attend the lectures physically due to paucity of time or money. Further, this mode of securing an MBA degree is also a boon for those who can’t even manage to take the weekend classes. Through this mode of education, students can simply take the lectures over their computers, without even moving out of their homes.
Dual MBA Programs-
A dual MBA Program offers an MBA degree along with a certification in a closely related discipline of study. The most common types of dual MBA Programs offered by institutions include JD/MBA (Juris Doctorate), MBA/MA, and MBA/PhD. Dual MBA Programs are usually full time programs, wherein one has to attend the lectures physically.
Where your MBA degree can take you?
By securing a degree in ‘Business Management’, you can secure a job in any of the fields ranging from Health Care, Marketing, Finance, IT etc.
MBA in Health Care Management, MBA in HR, MBA in Project Management, MBA in IT Management etc, are some of the most promising and upcoming management programs taken up by students & professionals these days.
Do’s before going in for an MBA Program
Identify your subject of interest before opting for a specialized program in MBA.
Enquire about the Institution offering the MBA Program.
Take a feedback, and go through the reviews related to the particular Institution you are planning to pursue the MBA Program from.
If you are a working professional, take the suggestions from your Manager before getting enrolled in an MBA Program.
If you are thinking of pursuing an MBA Program with your job, plan your study schedule well in advance before jumping on to get enrolled. Talking to your colleagues who are already enrolled in such a program can help you to make a wiser decision.
Don’ts before going in for an MBA Program
Don’t be a ‘trend-follower’
Do not opt for a program just by following the trend, as Industrial trends keep changing from time to time.
Do not choose a discipline of study that you can’t handle in the long run.
Do not go in for an MBA offered by just any Institution, just because it is costing you less. Always enquire about the authenticity and the credibility of the Institution before taking a step ahead, as attaining an Distance MBA degree from a non-recognized Institution would fetch you nothing.