buddy if ur going to do mba obviously u should have a basic knowledge abt the industry

and economy, the BBA is like an first step towards the mba  

its like ur going for an war and bfore it ur preparing ur self for it .
BBA or BMS gives you atleast basic knowledge of all the fields and an mba make u

speacialized in it .  

its an mean( the BBA degree) which leads to another mean(mba) which finally take you
to ur goal .
I had similar views early on when I finished my BMS. 
Even me after 3 years of slogging was not very keen to do an MBA after landing a pretty
decent job . 

To begin with I joined an BMS course because heard that it had great prospects and one

need not appear for entrance tests to get into colleges such as JBIMs.   

The best part in my BMS was having an opportunity to have some quality intellectuals by
my side. my whole outlook towards life changed. But unfortunately not every college
may be blessed with quality peers as someone quite rightly pointed out. Lack of work
experience among students also is a disadvantage.

On the other hand if you get an admission to an MBA couse in a decent college you will
learn a lot from your compatriots in the class. 

BMS students might have a basic knowledge about a topic but indepth knowledge and
application is required. 

How many BMS guys actually take their projects seriously ?? Most of them do a cut

paste job for a matter of fact. ( me not included ) How many of them know the
importance of summer internships ? How many colleges have a placement cell for BMS ?
How many colleges have quality faculty ? is the pedagogy adopted consistent with MBA
schools or even changing global environment ? 

The good news is that corporates are aware of a course such as BMS and increasingly
started to realise that a top student from a good BMS college is equivalent or even better
than a average guy doing his MBA from a B grade college. 

Believe me an MBA is much rigorous than a BMS course. 

Even i was pretty much interested in doing an CFA with an MBA. Right now I am
planning to give CAT'05 . Even I had posted the same query as yours and Mr.
Psychodementia rightly pointed out that one should only go for this course if one is dead
intersted in finance. My interets lied between marketing and Finance. So was not dead
sure about it. 
And u mentioned it as FULL TIME. So does that mean its a residential course. To my
knowledge you have only part time or Distance program as far as CFA is concerned. 

However if you do have a full time program then be very sure. Check out how the
program is different from the distance ones. if you get some contacts of students do
speak to them. 

On one side if you look this course is a very higly professional course pretty demanding
similar to CA. But then you need to have already a love for finance. 

ts like ur going for an war and bfore it ur preparing ur self for it .

BBA or BMS gives you atleast basic knowledge of all the fields and an mba make u

speacialized in it .  

its an mean( the BBA degree) which leads to another mean(mba) which finally take you to
ur goal .

Yes there are various jobs oppurtunity for you in corporate sector after
completing your BBA.

But prospect of MBA is much greater then BBA,much preferrence is given to MBA
students between an MBA and an BBA graduates.

The MBA degree provides the candidates with various area of specialization. They can choose to
specialize in the area of their interests. On completion of the course they would benefited in the
following areas:

 Analytical Skills – It is important that the individuals holding managerial be efficient in

terms of analytical skill. They need to carefully analyse the requirement or situation before
taking a call.
 Business Knowledge – The course will give valuable knowledge on the various aspects of
the business. There will be training provided in both the conceptual way and also the
practical way. They will need to go in for internship program which give a practical
exposure.
 Business Networking – While pursuing this course they come in contact with persons from
all walks of life. This will include the students along which they are pursuing the course
and also the faculties. Also they will be able to approach the seniors too for need basis.
 Leadership Abilities – The training provides is rigorous. Candidates are thought the
importance of time management through assignments, reports, presentations etc.
 People Skills – This is an important skill as it is important that they know to manage the
employees who report to them at the same time converse and transfer inputs to the senior
management.

Benefits of doing an MBA course after BBA

Since they have a basis idea of the various areas in the administrative field they will be adapt to
the course structure immediately. The course structure of the BBA course follows all the areas that
are covered in a MBA course. Only it is at a basic level.
Jobs prospects on completion of MBA

There are multiple options available in this field. Candidates can choose to work in any of the areas
that they specialize in. Like Marketing specialized candidate can choose to work in areas like
Market Research, Sales, Sales Support, and Corporate Communication etc. Similarly a finance
specialist can choose to work in Back office operations, Investment Banking, Trading etc. It is
important the specialization chosen is based on the interest of the candidates.

  

Its been observed from last some time that Indian Economy is being Stronger day by day and which has
increased in numerous requirements of Business Professionals In India.

To fill this blank, Indian Education has adopted and has created Expertise in Business Management with the
help of Top MBA Colleges India. In India MBA is most shouting and more enrolled course in India now days.

The Management School in India is transforming students in most expensive and smart business Executive
which can up bring business from bottom to top. We have instilled our efforts to pick up the 10 + MBA colleges
from the list of Top Colleges in India.

It's the lemming effect. People are getting MBA degrees because other people are getting
MBA degrees.

In fact, several careful studies have shown that an MBA earned full time does not result in
increased lifetime earnings, except perhaps for top tier Business Schools. Even with these
schools, there is the strong suspicion that merely being selected for these top tier schools
accounts for more career boost than whatever is taught in the schools. (Part-time MBAs from
prestigious AACSB-accredited schools may break even or a little better if tuition is paid by an
employer).

Also, MBA schools have come under withering attack for teaching theories and attitudes that
have resulted in the de-industrialization of America and impoverishment of the Middle Class.

India has come off age and is set to redefine the business equations across the globe. Multinational
companies from across the globe have set shop in India and are expecting it to be the fountainhead of
talent that will keep their histories alive in the coming years. This is where the need for quality MBA
courses comes in. Some of the parameters that need to be kept in mind when opting for MBA in India
are:
 
Specialisation and Placements:

Identify the field in which you wish to do your MBA and then research on the colleges which offer the
course you wish to pursue. Today there are colleges that offer MBAs in fields like clean energy,
petroleum and many more. On the other hand, placements, like report cards speak volumes about the
quality of students that a B-school produces. Therefore, one must find out about highest, lowest and
median salaries.
 
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Affiliation and number of seats allowed to the college:

Sometimes the colleges are not affiliated to any university and students end up with degrees that are
not recognised by the industry. Also, sometimes colleges have approval for a limited number of
admissions to a course but they violate this law and add more students. It is therefore necessary
check affiliation and number of seats that a college has got approval for.
 
Reputation and faculty:

The name of your college stays with you for the rest of your lives and it will be discussed during
promotions, appraisals etc. Therefore, it is better to work hard and do your MBA from a college with a
good reputation. Also, faculty plays a crucial role in an MBA programme. Therefore, look for colleges
which have experienced and knowledgeable faculty.
 
Facilities and fee structure:

It is important to take a note of all the facilities available for studying as well as entertainment. For
example, find out if the library is well stocked, if the college has a playground, if classes have audio
visual aids, etc. Also, these days B-school education has become expensive. It is therefore important
to finalise your budget and then search for colleges which offer the best in your range.

If you are also one of those who are planning to go for an MBA in 2011 and are perplexed by the
choices available, if you are unable to decide which specialisation you should go for and how the
output of an MBA college is dependent on the quality of interactions between students and faculty,
then do join us for a chat with our Career expert, Amit Bansal o

Over the last couple of days, I was getting some updates about
friends-family in India, while talking to my mom. During
conversation, my mom mentioned about two recent graduates,
who’s campus placements (in IT companies) were deferred due to
the uncertain economy. And so, they were considering pursuing –
applying for an MBA in the meanwhile.

And for some reason, that topic lingered on in my mind – bothering

me. Why would two recent graduates consider an MBA as a ‘way
out’ ? How much did they even know about what MBA is about ?
After all, by the time you graduate with a bachleors degree, you
hardly have any insight into real world, leave aside an MBA. Who
counseled them into an MBA program ?
It didnt take long for me to figure out that no one else is to blame
for this distorted notion but our society. A B.E + MBA combo is
seen as the holy grail for Indian technical professionals. BE + MBA
candidates are not only paid highly – they are valued highly by the
society, professionally and even from the matrimonial perspective.
Not to mention the extent to which the media has glamorized the
MBA degree – touting the crore plus salaries and the direct
placements abroad. Now that I revisit some of the conversations i’ve
had with my peers, several of whom have graduated from top-tier
MBA schools in India & abroad, it seems that the common
motivation to do an MBA seems to be for one of the following three
reasons:

1) I want to do an MBA to get a higher salary

2) I want to make a shift from technical to the business aspects of

the profession

3) I’m stuck in a rut in my job and so need a change

Taking the entrepreneurial route would guarantee you points (2)

and (3) above. Point (1) is something that is not guaranteed and
apparently, the riskiest aspect of the proposition. So I guess the
sheer uncertainty of point (1) leads people to opt for an MBA rather
than taking the entrepreneurial route.

I actually find it quite ironic, because Indian B-schools are shifting

into overdrive when it comes to B-plan competitions (just look at
the increase in the number of b-plan competitions being held across
b-school campuses) – implicitly encouraging graduates to start their
own businesses and become entrepreneurs. So, its like you joined a
b-school, the b-school encourages you to become an entrepreneur
when you could have completely skipped b-school and gone into
entrepreneurship directly.

Personally, I believe that the biggest value that an MBA provides is

the access to the network of people and the alumni. The other 3
reasons listed above seem frivolous in comparison and dont seem to
justify doing an MBA – I might very well be wrong, but its just me.

The reason I decided to write about this is because if

entrepreneurship needs to be encouraged at the college level then
we need to change their mindset that BE + MBA is not the only way
to go. Entrepreneurship is a viable career option and chances are
that they will learn much more being an entrepreneur than
pursuing an MBA.

A large number of companies in India are looking out for MBAs for any management
position worth the name. For instance, in a recent recruitment campaign from a public
sector company – BSNL – for their Management Trainee Programme it was mandatory
for applicants to hold an MBA degree. I think this was due to two reasons – a) cutting
down on the number of applicants b) companies have little faith in Indian higher
education system and Business Schools in India do add value to many graduates who are
otherwise very unprepared for real jobs. Come to think of it, a large number of Indian
graduates have seldom written a project proposal during college, hardly any project
report, very few (if any) presentations and little teamwork or collaborative projects.
These are essential skills but there is inadequate guidance on these fronts in our
undergraduate courses. MBA forces many to learn all these basic things. And companies
like this.
These things are part of regular undergraduate curriculum in many good overseas
universities. But in India, very few undergraduate courses emphasise these basic skills
leaving MBA education to fill a glaring gap. And companies too recognise this. So it’s a
demand from companies issue as well.

INTRODUCTION 
MBA students are a very diverse group and these web pages will inevitably not be able
to address every individual student’s queries and concerns. You should look on them as
a starting point and follow it up by using the various information sources to which they
will refer you and by bringing any specific queries to us in the Careers Advisory Service.

THE JOB MARKET FOR MBA GRADUATES

  … is strongly affected by the state of the global economy, particularly at the time
of writing, with a 25% of companies not planning to hire MBAs in 2009*
 … is, like MBAs themselves, very international
 … includes a wide range of employers, with areas such as FMCG,
pharmaceuticals, diversified industrial groups and even the public and voluntary
sectors currently recruiting more actively than finance and consultancy (which
have traditionally been the largest recruiters of MBAs)*
 Many MBA students return, at least initially, to their previous employer (who may
have sponsored them through the course)
 The average salary for MBAs in 2008 ranged from approximately £60 – 75K (not
including bonuses and other variable earnings)**
 Approximately 12000 MBAs graduate each year from UK business schools alone
 Much depends on the individual student – their experience and their skills – as
well as their MBA

YOUR OPPORTUNITIES
The above figures, of course, are very broad generalisations. The opportunities open to
you, as an individual with an MBA degree, will vary according to what you want from
your future career and what you have to offer employers. These factors may include:

 Your reasons for doing an MBA – to develop your present career or to change
direction?
 The nature and extent of your previous employment experience;
 The type of employment, and/or employer, that you are seeking to enter in
future;
 Personal factors, such as preferences for a particular geographical location, family
considerations or (for non-EU students seeking employment in the UK and also
for EU students seeking employment outside the EU) the likelihood of being able
to obtain a work permit;
 Your interests, values and personal skills.

It is therefore important to assess yourself on all these criteria before deciding on your
next step.

MBA is considered to be one of the best and the most preferred post graduation
courses in the world today. Thus the advantages of the MBA course are
abundant.

1)     It is very important for an individual to know the basics of management in

order to survive the complex environment and the cut throat competition
existing at their workplace. The managerial qualities of the person will always
equip or benefit him or he to handle stressful situations.
2)     Management is mainly about management of resources, people, funds as
well as projects. The MBA degree makes a person more efficient in whatever
they might be doing.

3)     After getting an MBA degree a person can surely expect himself to get
recruited at a better place than otherwise. Even the pay package or the

Salary is bound to increase and should be at least the double of the salary that
you had been getting before doing your MBA. Thus, you would never regret
investing some money in your MBA course because it is a fact that you are
bound to recover your expenditure in an year or two if you work after your MBA
course.

4)     A manager is considered to be the most competent if he or she is capable

of adapting to the needs of the company and if he or she can efficiently handle
the bunch of people working under him/her. All such qualities are taught to
students during their courses and hence when they actually become managers of
big companies, they are able to cope with the challenges that a Manager has to
face every day at his or her work place.

5)     An MBA degree also helps an individual to build his personality and
confidence and eventually makes him a better manager or a better leader.
 An MBA adds actual market place perspective to our graduate degree. It
sharpens our image of reality. If your graduate degree gives you a direction to
your career, your MBA degree will be a launch pad to the corporate world. An
MBA degree is like a finishing school, it makes you ready for the market!

Some have argued that an MBA degree can be viewed as an equalizer. An MBA
takes engineers, pharmacists, linguists, accountants and economists, and
converts them into managers, thus drumming out heterogeneity and replacing it
with a homogeneous people, devoid of any perspective apart from an MBA. In
my opinion, an MBA is an enhancer, rather than an equalizer. It takes the
economist and makes him into a market ready economist; it takes an accountant
and develops in him traits to take on business conditions, and gives an engineer
a marketable framework to increase creativity or product efficiency. Thus an
MBA betters, rather than changes the basic skill set. In that sense an MBA works
to amplify your graduate degree. It works with the knowledge base that you
already possess; taking it one step further. Many students have asked me
whether graduation really matters, if eventually one plans to take up an MBA. I
hope the earlier argument answers this question. Your graduation is of
paramount importance, since the MBA builds on that.

So how does an MBA enhance different graduate degrees? Given below is a brief
overview:

1. Science graduates: Science observes phenomena and makes theories around

them. It trains the student to observe record and analyze. However, it does not
teach the students the implications or applications of his/her observations. An
MBA degree does just that. It works on the skill of the science student to
observe and record and adds to it the ability to apply and imagine.

2. The Engineers: Engineering is a science of possibility and imagination. It

takes pure sciences and uses it to create products of great utility. It asks the
question: “if this is what it is, what can be made from this?” - An engineer is
thus a utility creator. However, engineering works in isolation from the user. In
that sense, it can produce something that has utility, but cannot identify to
whom it will be useful? How useful will it be? How much will the people be willing
to pay for the created utility? If he can answer these questions when creating
any product, the product could ease much of people’s efforts. To be able to
answer these questions, the engineer needs an introduction to the user. This
introduction is provided by an MBA degree, thus, making the engineer a better
creator of the utility.

3. The Commerce graduates or Accountants: Accountancy and Commerce are

subjects intertwined with the market place. They deal with the operational part
of the market: the maintenance of records of market transactions. Thus
accountancy and commerce are like reading a travel magazine. The travel
magazine describes a destination, say Manasarover on Mount Kailash. It
describes how to get there, where to stay, how the place looks, the whether, the
food, the people living there, etc. Having read the description, the reader gets a
very good idea about the place but it is nowhere close to experience of actually
being there. That’s what an MBA degree provides to the commerce graduates. It
moves the commerce graduates from reading about the market to actually
experiencing its working. Thus it makes his or her theoretical market knowledge
come alive!

4. The economist:  The economist is the closest to the MBA degree. What pure
sciences are to engineering, BA in economics is to an MBA. Pure sciences trace
the theory behind the application. For example, it is the fundamentals of light
that make an X-ray machine work. The x-ray machine is an application, a child
of engineering, but the source of scientific theory. If engineering is a utility
creator, an MBA degree is a wealth creator. An MBA degree takes economic laws
and applies them to create wealth in the market place.

5. The humanities students: The studies of humanities (history, sociology,

anthropology, psychology, etc) are concerned to trying to understand human
beings and why they are the way they are. If history traces the root which
mankind has taken to reach where he is, sociology tries to figure out norms that
we live by and their origin. Psychology seeks to explain our behaviour in the
market place. In other words, it gives the student the ability to explain or
understand a single phenomenon based on multidimensional observations it’s
like taking a telescope that’s looking at the universe and pointing towards a
single galaxy or constellation to understand it better.

Thus, an MBA degree adds precision to the vision provided by the humanities.
The biggest take away from this degree is the 360 degree perspective of
management. The synergies created by these different aspects like marketing,
HR, finance, etc., are critical to business success.

Moreover, an interaction with classmates from varied backgrounds with different

perspectives is critical to the development. The ability to examine different view
points when making a decision, and the ability to listen, enhances your
emotional quotient and people skills.

Of course, the extent of enhancement possible with an MBA degree depends

upon the amount you, as a student puts into the course. The greater the input,
the greater the reward.

Advantages of MBA:

1. Prepares you for Business Environment: An MBA is a comprehensive course

designed to groom one for the business environment. Every subject offered in
the course has been specifically chosen to assist in the better understanding of
how business run and operate. Industry stalwarts teach the course, making it
rich with practical perspectives and real life case studies.

2. Build Confidence to take business decisions: An MBA develops extreme self

confidence and awareness of what one is capable f doing and achieving, the
feasibility of the time v/s profitability of activities, individual and as a whole.

3. Brings about a global perspective:  The world is in a state flux. Geographical

boundaries define physical countries, while the internet spans the world. There
are no boundaries to businesses and brands have become global and taken on
local flavors. MBA as a course helps you understand and achieve global
perspective. This is critical, as businesses are no longer facing competition from
local players but global giants.

4. Tutors practical skills for everyday life: Unlike many other courses, MBA
develops critical thinking skills that can be applied to every facet of life, and this
is true no matter what background one comes from.

5. Develops Network: MBA is the best scouting ground for jobs. It provides you
with a strong network of fellow graduates, faculty and business leaders who can
act as mentors, sounding boards and so much more.

6. Polishes team building skills: No business can run like an Island today. An
MBA helps you understand the importance of working in teams, empowering
fellow team members as well as learning the capacity of leading a team. The
whole course has been designed for team work, which also leads to better
understanding of people – a skill that is highly appreciated by almost every
organization today.

7. Scales down corporate training budget: As a trainee from an MBA school, one
is ready to apply new skills and knowledge to issues facing the organization,
from day one. With limited training budgets and even shorter life cycles to get
trainees on board, this becomes even more critical as companies aspire to take
in trainees who are ready to take on the job from day o

MBA program is worth an investment rather than being expenditure. The value of an
MBA degree cannot be denied. To realize the worth of the degree, one has to join an
MBA program and enjoy the astounding benefits and career opportunities this course
offers.

Why an MBA
The MBA is not an end in itself, but a means to an end. It is a degree designed to give
you the ability to develop your career to its fullest potential, at an accelerated pace.
What will you get out of an MBA? Aside from a powerful life experience, the MBA degree
should supply three main value propositions: Skills, Networks, and Brand.