The Increasing Popularity Of MBA courses

For those who haven’t figured it out already, the first question that comes to the mind after completing graduation is – what next? Being from a commerce background, my first option naturally was MBA.  But getting admission in the top 10 Business Schools of Delhi is no cakewalk. It requires months of rigorous hard work.

It is recommended to take coaching classes from a reputed institute whose senior and experienced teachers can help the aspirants in all possible manner.  Apart from that self-study is imperative. Just as a dancer can’t afford not practicing on a daily basis, a student aspiring for admission in a good college cannot afford to miss even one practice session.

Undoubtedly, MBA has always been a very popular course. With passage of time, more and more people have started applying to MBA colleges. Is the increasing popularity of this course genuine, or are the students just following their fellow classmates and seniors? I don’t have a definitive answer, but I know of people who want to pursue a career in management because that is probably the ‘safest’ move. Sometimes people don’t mind settling for average colleges because MBA is not their passion. Passionate people never take anything but the best, unless there are other factors influencing their decisions.

One major reason behind the increasing popularity of MBA courses is ‘more money’. But let me clarify, the best of companies recruit the best of people from the best of colleges.  The degree itself does not guarantee a lucrative package. At times, graduates and post graduates get the same package.
I wonder if people like Rancho (Aamir Khan) from 3 idiots exist, who study to learn, and develop themselves and not for the degree’s sake. MBA is definitely a prestigious course, and in no way do I intend to discourage people wanting to pursue it. If you think MBA is the right option, brace yourselves up for the challenge and don’t look back.

Tips To Prepare For Quantitative Aptitude

For those who aim to be a part of top B schools in India know that how imperative it is to be versed with all the sections. However the major trouble which many MBA aspirants have is with the quantitative section. Losing even a quarter of marks makes a difference in these entrances. The quantitative aptitude analyses the numerical and problem solving ability of the candidate.

Apart from the entrance, many companies have it as a selection procedure as well. The exam for quant generally involves multiple-choice objective questions. Since major entrances for Delhi's top MBA colleges and around also have negative markings for wrong answers here are some to help you prepare for the section well:

-Begin with the basics: Since there is no fixed syllabus to follow it is essential to brush you’re your basics. There are particular tests as well which can introduce you with general topics but is good that you polish your mathematical concepts. Follow your academic syllabus to ensure that you coverall the major topics.

• Practice

The only key to master mathematical concepts is to practice and practice hard. With India's top B schools conducting entrances, practice papers help you get acquainted with the pattern and type of questions which you can expect in the question paper. Also because at times the calculations can get a bit tricky so the mantra is to tackle speed. The road to key in two words can be summarised with extensive speed.

• Memorise important formulas, theories and tables

Quantitative Aptitude in general revolves around the application of several formulas. The best thing you can do is to write the important ones down and memorize them.  Keep them handy so that you can refer to these whenever necessary.

• Part marking

Note that in these entrances there are questions which have several parts and each carries a different mark scheme. Therefore if you feel your final answer is wrong don’t cancel the whole problem.

For more Information please check the www.iilm.edu/.

Reservation in B schools

What do people exactly mean when they are referred to as ‘minority candidates’? Has it something to do with being other than the ‘general’ category?
 

Apparently yes. Minority candidates are often considered the lucky lot that thrives on the crutches of reservation. Since times immemorial, the subject of reservation has been subjected to a lot of flak. Battles have been raged to slash it off the system. Yet, it continues to ride on the backs of our leaders. As omnipresent as it is, chucking it out of the system calls for nothing less than a revolution.
 

The question that next arises is the area that the metaphorical monster has penetrated- engineering colleges, Delhi University Colleges, and to top it all even MBA colleges, too. It might come as a surprise to those who never knew top B schools in India under the dark purview of reservation. It’s surprising, as well as sad that institution as prestigious as IIMs have not remained untouched.
 

Yes, minority students do have an advantage over general students. A massive advantage that weaves a huge difference between what is done what is ought to be done in the education system. National level government B schools like IIMs, IIFTs, NITIE, FMS, TISS have over 27% reservation for OBCs, over 15% for scheduled classes, 7.5% for Scheduled tribe, 3% for differently abled, and the rest, quite obviously, for general. The distribution, quite inarguably, is disturbing.
 

Apart from the above mentioned categories, that of LGBT also gets the tick mark of being the minority. While Indian B schools support reservation, International B schools are relatively untouched from the malaise, as some call it. Reservation is done to bring equality into the system, but what it ends up doing is robbing the system of equality. A big divide between the general and the minority speaks volumes about it.

Ask Yourself- Why MBA?

I have seen people brooding and drooling relentlessly over the idea of doing an MBA after graduation. A degree in MBA from the best MBA College in India is probably the most sought after thing. Long before students graduate, they are forced to ponder over the difficulties of making it to the best MBA College. And it’s a good thing, actually, as long as the students know what they are doing.

 

Venturing into MBA is tricky and ruthlessly expensive. It’s a demanding move; therefore, you need to be absolutely sure before you embark on this journey. A lot of students, irrespective of their interests, tend to tread on this path, well, just because everybody does.

Many students who adamantly and ignorantly take the decision of pursuing an MBA don’t understand the nuances of management studies in the first place. The decision is nurtured primarily from the stereotypical notions that only under graduation is worthless; that there is an imperative need to seek the greater good by doing a fully fledged MBA. A student might be brilliant enough to get into the best MBA College for Masters in Finance, but if the subject is not of your interest, you would be left grappling to get an exit through its gates for the rest of your lives.

Experts suggest that it’s always better to gain work experience before you start afresh with an MBA college.  Industrial experience gives you an exposure to different fields. This opens a myriad of options for you to consider for a degree in MBA. Before rushing into it, it’s important that you realize where exactly you are heading. Rushing into MBA can prove to be metaphorically fatal for career. In case you are contemplating a career change, think well about your career interests before making a move for MBA.

A right (or no) choice in MBA can either make your career or break you career. Before you even think of going the MBA way, Ask yourself- Why MBA?

Unique Approach of Educating in IILM

MBA programs have become more interactive now, and the traditional classrooms are replaced by one on one interactive setup. In present time MBA has become much more than mere business studies, rather, it has become a global course, including all round growth and personality development.

Top B schools in India are incorporating these factors in their curriculum. The increasing numbers of MBA colleges are increasing the competition; hence the institutes are improving on their infrastructure and basic facilities that are being offered. The best MBA colleges in India are not only offering curriculum of global standards but are also integrating foreign languages, sports, extra-curricular activities and cultural events.

IILM is one of such renowned colleges. The infrastructure offers excellent growth opportunities to potential talents. The classes are more of a lecture theatre and are not only air conditioned but they are also equipped with advanced audiovisual systems to provide better and interactive learning. The classroom studies are highly interactive and require individual participation, focusing on the personal learning of each and every student.

Case studies, original assignments and problem framings are an integral part of the course structure; this infuses, out of the box thinking in students.  The institute recognizes the changing world of students and has made every effort to catch up with it; it even implies social media as a tool of learning. Facebook pages are updated with course material and student updates so that it is easily accessible to the students. In fact nowadays most of the best MBA colleges in India are realizing the importance of online accessibility and social media, IILM is one of them.

The college has a large auditorium with a seating capacity of around 275 people that is frequently used for holding seminars, conference and other activities. The college frequently holds extra-curricular activities and workshops for the development of students. Cultural activities are also encouraged to develop multiple talents amongst students. Special emphasis is given on communication skills with the help of workshops, debate and group discussions. Thus IILM has all the features of the top B schools in India.

The MBA program produces managers, future corporate citizens and entrepreneurs. So the overall development of skills, ethical beliefs and a holistic approach is important for a better society in future, and IILM is resolved to ensure this.