Top MBA Collese in Dehli
But first, what is an MBA? It is the most sought-after degree that aims at making aspirants proficient in business management. The course comprising a bevvy of specializations (over 40) helps in strengthening the theoretical, practical and conceptual fundamentals of business-related modules (operations, marketing, economics, corporate financing, and basic accounting) that can be applied to an array of industries.
Increasing Demand for MBAs
The demand for MBA is at its peak and here to stay for a very long time. And with good reason! The phenomenal career avenue is versatile with immense scope in a variety of spheres ranging from and marketing, sales, entrepreneurship, HR to finance. The growing trend of MBA is clearly visible. Niche companies are displaying explicit interest and snapping up recent graduates left, right and centre at mind-boggling pay packages. Statistics of a global survey by the Graduate Management Admission Council (GMAC) pegs 11% employment growth in 2018. There’s more evidence! According to a recent Mint report (12th September 2018) India’s 5 top software firms recruited 24,047 in the June quarter, a huge jump from the 13,772 that were hired during the same quarter in the previous financial year.
MBA Options In India VS Abroad
It’s not uncommon for aspirants in India to debate whether international universities are better for earning an MBA than their homeland. So, which is a better option, an Indian MBA or its foreign counterpart? Let’s try to explicate this predicament by comparing the two.
The cost of acquiring an MBA abroad is high. Apart from the hefty tuition fees, there are add-ons like living expenses, travel and education loans to consider. It may take years to retrieve your ROI target. On the other hand, the top-tier Indian institutions are on par with the best in the world and impart quality education at an affordable rate.
Substantial work experience (2-3 years) is a criterion for MBA abroad. In India, there is no such prerequisite. Most establishments are open to admitting candidates with little to no work experience.
International colleges provide exposure to a more diverse environment and help in developing a global mindset on business matters. This can be a big plus for those planning on working overseas. However, if you are looking at the domestic sector, an Indian MBA may be a better choice as it offers a better understanding of the local dynamics.
Indian MBA Colleges have the edge over foreign ones in terms of job placements. Unlike international universities that do not guarantee placements, their Indian equivalents have well-structured career development cells that provide the essential support to nail lucrative jobs.
Types – Full-Time MBA VS Part-Time MBA VS Executive MBA
An MBA programme in India can be broadly classified into three types (full time, part time and executive). While the curriculum and syllabus for all programmes are more or less on the same lines, there are some differences in the method of instruction.
The duration of a full-time MBA is two years. The part-time and executive programme takes one year to complete. Admission to a full-time MBA is based on a tough entrance exam and hence more competitive than part-time and executive programmes.
Students can dive into a traditional full-time MBA model straight after graduation. Work experience is a prerequisite for a part-time (3-4 years) and executive MBAs (7-8 years) since they are both aimed at enhancing credentials. Executive MBA is generally sponsored by employers.
A full-time MBA involves a rigorous academic regimen with regular classes, summer internship, and exams. Candidates of part-time and executive course are unable to participate in classroom discussions/assignments. Also, their timings are flexible as the classes are held in the evenings or over the weekends.
Why choose Dehli as an MBA destination?
Targeting Dehli to pursue your MBA degree but not sure whether it is a wise decision? Here are a few reasons that may help you change your mind about the capital city of Dehli.
Many Top-Ranked Colleges
Dehli is home to some of the top MBA colleges of the country that extend an impeccable study programme. In fact, a degree earned from the city’s premier establishment is valued and recognized worldwide.
The Mercer Study
The Mercer study has ranked Dehli the best Indian city. It is safe, well-planned, with a good infrastructure and relatively low pollution level. Other perks include access to an excellent transport system, public services, and mouth-watering cuisine. Further, the bustling city boasts a rich heritage and is home to some iconic monuments.
Diverse Cultural Environment
Located bang in the heart of India, Dehli is the perfect mix of north and south Indian culture. It offers the chance to interact with students from across the country and get acquainted with different customs, traditions, and cultures.
Affordable Cost of Living
Finding excellent and cheap accommodation in Dehli is relatively easy. The cost of living is much lower than places like Mumbai, Delhi, and Pune, making it an economical option for students. What’s more, there are plenty of options for affordable weekend getaways.
Thriving IT Sector
Thanks to the flourishing IT sector, the economy in Dehli is expanding in leaps and bounds. Further, the city has a cluster of reputed companies like Dell, Facebook, IBM, Google, and Tech Mahindra among several others. Post MBA, graduates will be part of a tech-savvy city with endless opportunities for meaningful employment.
Now that it’s established that Dehli is an excellent destination to pursue an advanced degree in management studies, why not check the list of the top 10 MBA colleges in the City of Pearls.
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