What should an Ideal MBA Degree Offer

An MBA is one of the most common courses to be pursued by professionals today. Blame it on the industrial exposure or job prospects; colleges are mushrooming with MBA programmes promising the most unbelievable packages and incorporating everything possible to make this course worthwhile. 

But there needs to be a sense of awareness amongst the students about what exactly they expect when they pursue an MBA. Here are the things you should look for when choosing an MBA course.

Diverse Education

An MBA program without exposure and understanding of various aspects of business and industry is futile.

There needs to be a multidisciplinary approach to your MBA degree, and even though you specialize in one discipline, you need to make sure you end up being well versed with all the other aspects of the profession is crucial. A marketing person needs to be well acquainted with investing or finance. 

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Skills Need to be Relevant

The skills and nuances you pick up during the span of your course need to be relevant even a few years down the line. An ideal MBA course gives you a skill set that doesn’t grow obsolete in the coming times. 

Career Advancement

An MBA course needs to be instrumental in giving you that dream job with that ideal pay package and the work environment you desire. You need to make sure that all that money you spend ensures the career and the opportunities worth the hard work you put in. 

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Networking

This is considered to be the only perk of an MBA course. And an ideal MBA course helps you get acquainted with the biggies in the industry and expands your network. You take a cue from the skilled people in the industry and get ahead in your professional journey. If you get that kind of exposure, you’re in the right kind of MBA course. 

Customize Your Schedule

A flexible MBA program is the best thing you can avail yourself of. A course that allows you to work while attending evening classes will keep you hooked to the industry, and the practical as well as theoretical aspects of the course, are taken care of. 

Top 5 Business Schools Across the World

A business degree holds significant value today in times of a booming corporate and startup culture. Every problem and every solution are marketable now.

So having a business degree from a reputed institution will only give you an upper edge in the market.

Here is a list of the top 5 business schools in the world you need to apply to if you desire a degree that is a class apart.

1. Wharton School of Business, University of Pennsylvania

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This is the oldest business school in the US and was established in 1881. It has the highest GMAT scores with a 95 percent placement rate.

Top-notch teaching and infrastructure ensure that this business school is currently the top business school in the world. It has produced stalwarts like Jeff Weiner, CEO of Linkedin.

2. The University of Chicago, Booth School of Business

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This business school offers a placement rate of 98%, which is the highest among all business schools. The teaching methods include real-life scenarios, lab orientations, and working with real startups to apply theoretical knowledge in real-life business situations. Guest lecturers from reputed organizations are also invited.

3. Harvard Business School

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Although amongst the most expensive business schools worldwide, the placement rates of HBS are an impressive 91%, with the highest pay packages of them all. With a unique alumni network, the college’s reputation speaks for itself.

4. Graduate School of Business, University of Stanford

Having an impressive placement percentage of 86%, this business school has over the years lived up to its reputation by producing business graduates sought after by companies all over the US, with Facebook and Yahoo topping the list. Also, graduates from this university have fetched very high pay packages.

5. Sloan School of Management, Massachusettes Institute of Technology

MIT, one of the top universities in America, has the Sloan School of Management under its wing, a 100-year-old business school with a reputation to die for.

With a 93% placement rate, this institute offers courses in enterprise management, entrepreneurship and innovation, and finance.

Well, now you know which university to go for if you are pursuing business.

3 Best Countries for Indians to Get MBA

Getting a master’s in Business Administration from a foreign university is every Indian graduate’s dream. Getting an MBA degree is a stepping stone in every graduate’s career. Student visa processes and study loans have become very easy to get.

Students no longer want to limit themselves to India, and they want to explore what the world has to offer them.’

Here are the three best countries for Indians to pursue MBA:

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1. The United Kingdom

United Kingdom offers one-year MBA courses that are exhaustive and effective. These courses are much cheaper than those in the USA.

Top business schools in the UK are London Business School, Imperial College Business School, and Alliance Manchester Business School. You will have to apply for Tier 4 General Student visa to pursue MBA in the UK.

2. Australia

Australia follows the British education system just like India. The education rules and method of teaching are very similar and, thus, easy to adjust to. Also, Australian universities accept students twice a year.

The top business schools in Australia are Melbourne Business School, La Trobe Business School, and Monash Business School.

Apply for the Australian Student Visa to pursue MBA in the country.

3. New Zealand

Over the years, New Zealand has become a famous country among Indian business students. New Zealand is a beautiful country and affordable education, living, and public transport.

New Zealand universities are a perfect blend of practical knowledge and theoretical training. You will have to apply for the New Zealand Student visa to pursue an MBA course in the country.

You need to pass either a TOEFL or IELTS  proficiency test for all these countries. GMAT isn’t mandatory in any of these country, so that’s a lot of stress when it comes to getting into one of the business schools.

Prepare well for your proficiency tests and plan everything ahead. These countries will provide you with the best business education you can receive.

So, get going!!