What are the qualifications required to study in a B-school?



I am doing my BBM (second year). I would like to do an MBA. What are the qualifications required to study in a B-school? How do I prepare myself?



Eligibility for joining Masters in Business Administration (MBA) is graduation with any stream. Selection to these courses is generally through entrance tests, which have questions on verbal ability, comprehension, data interpretation, and logical reasoning and quantitative ability. You may join a coaching institute or prepare through self-study with the help of ready material. The more reputed the institute/university, the tougher is the selection process and better the work opportunities following the course.



 



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I want to do an MBA in International Business



I have done B.Com. (CA). I want to do an MBA in International Business. As far as I’ve heard from people who have done this course, they say that in the first year of MBA you have to choose some courses and in the second year the specialization. Which course will be related to MBA (IB) in the first year? Does Christ University, Bangalore, offer these courses? Which are the other colleges that offer this course? What are the skills required? How do I get admission?



An MBA programme in International Business teaches about procedure and documentation involved in export and import, methods of approaching customers in foreign countries, currency conversion and fluctuation, raising capital from international market and distribution market. It also includes language and culture curriculum.



Many institutes all over India offer this specialization. Admission is either through CAT, or their own entrance examination. Christ University, Bangalore offers this course as a dual degree programme in collaboration with University of Applied Sciences, Wurzburg-Schweinfurt, Germany (FHWS). In the first two trimesters there are compulsory subjects, which all MBA students study. The next two trimesters are taught in Germany. The last two trimesters have subjects according to your specialization.



The selection process involves Group Discussion (GD), Micro Presentation (MP), Written Assessment (WA), Verbal Assessment (VA) and Personal Interview (PI). Skills required are interpersonal, teamwork and communication.



 



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What is the scope and placement of Master’s in International Business?



There is a course called Master’s in International Business. But can you briefly explain to me the difference between Master’s in IB and MBA in IB. What is the scope and placement of Master’s in International Business? Do we have to give any entrance exams to pursue this Master’s course? Should I select MBA or Master’s?



Both the courses focus on international Business. Master’s in International Business (MIB) is a highly specialized course placing an emphasis exclusively on issues related to international business with a cross-cultural perspective, and includes language and culture classes. It will enable you to delve into international issues in great depth.



In contrast, an international business MBA programme will help you develop a general set of management skills in addition to specific multinational knowledge. It will allow you to develop a set of skills that can be transferred to other areas.



So if you want to focus on International business only, go for MIB. But if you’re not too sure, then go for MBA as it may also qualify you to hold management positions in other fields should you become interested in a different career.



 



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What are the benefits of doing an MBA? What can I do after an MBA? What kind of job can I take up after that?



An MBA degree offers many professional as well as personal benefits. Whether you work in technology, finance, management or manufacturing, an MBA degree will open opportunities for greater responsibility, career advancement, and increased financial reward. From a personal aspect, an MBA will improve your communication and leadership skills which are vital to professional success.



But remember that all this depends upon the institute from where you do your MBA. There are over 3500 registered B-schools/universities/colleges in India which offer the MBA/PGDM/PGP. If you do it from the Top 25 B Schools, there will be higher chances of having the above benefits.



 



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Managerial mettle



I am student of B.Com final year. I want to know more about MBA. I want to know whether I should do MBA after graduation or after giving the CAT entrance in 2006 and which field I should choose for doing MBA. I would like to clear that I am not so good in maths, so which field would be more suitable for me and what are the chances of placement after doing an MBA. Also tell me about the different entrances conducted for entering a management college.



You need to understand what MBA is. Master of business administration is a postgraduate course in management, which, as the name suggests, you can do only after graduation or an equivalent qualification. But some leading management instructions (or B-schools) providing a course in business management / business administration offer a post-graduate diploma in management (PGDM), AND NOT MBA. CAT is the entrance test for admission to Indian Institutes of Management and several other B-schools. So it’s not a matter of choice that you can do an MBA either after doing your graduation o after CAT.



Yes, there are several other exams besides CAT for admission to B-schools, like XAT for admission to Xavier Labour Relations Institute, Jamshedpur, JMET for admission to management programmes run by IITs, CET for admission to Jamnalal Bajaj Institute of Management Studies, Mumbai, and so on. Those who aspire to join a B-school don’t appear for just CAT (though the first priority for anyone would be an IIM, of course), they appear for all the major tests.



As regards maths, while comfort in maths is no doubt an asset, but a lot of people from non-maths background have also cracked these exams successfully.



 



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