Career Forum, a leading institution for providing quality education to the MBA aspirants, is going to organise `MBA Expo 2010′ in association with the Times of India on February 18 at Delegacy (Nirala Art Gallery), Allahabad University from 9 am to 6 pm. The event will bring over 20 top B-schools from various parts of the country under one roof.

All the top B-schools will give presentations before the future managers and give an opportunity to the management aspirants, the freedom to choose the given options. The State Bank of India will also participate in the event so as to simplify and explain the procedure to grant educational loan to the students.

There was a time when most of the students in India were interested to pursue their careers in either engineering or medicine. But gradually, the focus has shifted to Business Administration. And in keeping with the times, MBA colleges have grown in large numbers. MBA schools in India have gained international repute and are in no way inferior to the famous business schools of the world.

Since the day India threw open its doors to foreign investors, there has been a flood of business deals in India. This has automatically led to a demand for MBA students to attend to the various jobs in these business houses. The lure of money is enough to entice most students to pursue MBA as a career. Needless to say, the birth of many MBA schools in India is a direct repercussion of this. MBA colleges have kept up with the demand for educated business professionals. Every year, scores of MBA professionals are ready to be drawn into the variety of jobs that are there in the business houses.

All the MBA colleges of India are basically involved in two spheres: one, to absorb students who seek a business qualification, and the other, to make available these students to different companies who seek them. When students enter MBA schools in India, they are almost assured that they will get a good job when they graduate from the institution. Hence, placements play a critical role in determining the success or failure of MBA colleges.

But with the passage of time, both the spheres have become more demanding. Students have supreme confidence in their capabilities and have their own list of preferences of MBA schools in India. In the same way, business houses are in search of people who can satisfy a variety of requirements and who can serve them in the best possible way. All this has led to the development of new branches in MBA and also tough demands on the graduates of different MBA colleges.

MBA colleges which can draw the best students stand to gain a lot in reputation. Similarly, students will be drawn to colleges which provide the best jobs and good remuneration. This brings out the very essence of business: to succeed in the midst of stiff competition. MBA schools in India are focusing on the latest techniques to attract the students. Innovation is the keyword to make MBA colleges the most sought after in India.

An MBA (Master of Business Administration) is a graduate degree obtained at a university or college that offers both theoretical and practical training to provide graduates general knowledge about general business management functions. The MBS degree may have a specific focus as: accounting, marketing or finance.

In order to be accepted in an MBA program, an applicant must take the Graduate Management Admission Test (GMAT) – for the US education system. The GMAT is a standardized test that aims at determining the aptitude of a candidate for an activity in business management studies. It is presently made up of an essay section containing two free-response essays of 10 minutes each; two multiple choice sections, one mathematical section and one verbal skills section.

Apart from the GMAT test, other admission criteria focus on significant work experience, academic transcripts, references and personal interviews. Extra-curricular and community service activities represent an interest for the admission boards.

The MBA degree courses offer students knowledge on economics, organizational behavior, marketing, international business, finance, government policy, accounting and information technology management.

The traditional MBA degree offers students a broad range of general courses in the first year of studies, followed by a specialization in the second year.

Specialization in particular areas as: technology management, accounting, strategy or specialized business, marketing and finance is being offered by many MBA degrees.

There are several ways of attending MBA courses.Nowadays MBA degrees can be accessed through online, distance learning or e-learning as the program offered by the Open University Business School. Due to the large variety of MBA degrees offered worldwide, the elite business schools are being accredited by independent bodies as the Association of MBAs. This association acts as a global network for the MBA community: MBA students, MBA graduates, schools, businesses and employers.

Consequently, the MBA degree represents a leading management qualification that creates highly competent professional managers.

The world is getting more competitive and more complicated. Many people are aiming for high qualification, high position and high income. They have the desire to further their studies and obtain an MBA and even a PHD because in their point of view, possessing an MBA or PHD qualification is able to guarantee them a high paid job with a bright future and luxurious life.

In the real business world, if a person who has MBA qualification but he or she is totally not competent in his or her work, he or she will definitely not be paid with high salary. The employers need staff who are able to perform in the work. The qualification is just another supporting point to prove the staff is knowledgeable. Besides knowledge, the more essential thing is the skill. The skills of getting work done and completed in a proper manner are much more important than a certificate.

When you have obtained an MBA qualification, you still need to upgrade yourself on the ongoing basis by attending workshops, seminars and training to enhance your management skills. MBA doesn’t teach a person to be all rounded, you need to enhance your personal skills by attending soft skill trainings to sharpen your skills. When you have equipped yourself with all these, you will be rewarded with higher pay by your employers.

Besides knowledge and soft skills, another important thing you need to have is business etiquette. Even you are highly educated, you must always be decent, humble, professional and ethical in dealing with people in business.

Graduates of Masters of Business Administration (MBA) programs throughout have a wide variety of career options ahead of them. There are a number of factors that can determine the marketability of a particular MBA graduate. Some MBA programs have a particular focus amongst their faculty and their curriculum, which makes its graduates particularly attractive to certain industries. As well, the success of an MBA graduate while in school can determine the type of position they can gain within the corporate world. Finally, MBA graduates who have done work in their field of interest, whether it is an internship or a temporary project, can gain the attention of potential employers.

MBA graduates who excel in all areas of study and professional development can land great jobs in a variety of industries. The most obvious field of entry for MBA graduates is in banking. MBA graduates can work as high level analysts and bank managers, working with individual clients and corporations on financial solutions for their needs. The reason why MBA graduates work so well in the banking field is that they have an understanding of how businesses work and their financial needs. In this way, MBA graduates can thrive in the banking field.

In addition to banking, MBA graduates work well in the financial sector. Stock brokerage firms and financial planning companies often hire MBA graduates to give them a stronger personnel group to deal with new clients. MBA graduates understand the perspective of businesses entering the stock market, opening up ownership of their company to the general public. As well, these graduates understand a wide variety of accounting and financial investment options that make them ideally prepared for financial planning positions.

Getting the foreign MBA degree has become tougher with Graduate Management Aptitude Test
(GMAT), an essential right of passage for admission to business schools globally – carrying 33% more new questions. GMAT will have 300 new questions in all the five sections, the highest being in data sufficiency.

In the new format, in the sentence-correction section, there is an increased emphasis on pronoun and modifier rules, while there is reduced focus on comparisons and idioms-related questions. Similarly, in the reading comprehension questions, the Graduate Management Admission Council – the global authority to prepare the test papers – has created a balance between short and long passages. Two biology passages have been replaced with one social science passage and one business-related passage.

While the number of inference questions has increased significantly, general and specific questions have remained the same. “Roman numeral questions have been removed, indicating GMAT may move away from these.

In the critical reasoning section, 50 old questions have been replaced with 50 new ones. There has been a decrease of 19 questions in the problem-solving section.

MBA graduates who excel in all areas of study and professional development can land great jobs in a variety of industries. The most obvious field of entry for MBA graduates is in banking. MBA graduates can work as high level analysts and bank managers, working with individual clients and corporations on financial solutions for their needs. The reason why MBA graduates work so well in the banking field is that they have an understanding of how businesses work and their financial needs. In this way, MBA graduates can thrive in the banking field.

In addition to banking, MBA graduates work well in the financial sector. Stock brokerage firms and financial planning companies often hire MBA graduates to give them a stronger personnel group to deal with new clients. MBA graduates understand the perspective of businesses entering the stock market, opening up ownership of their company to the general public. As well, these graduates understand a wide variety of accounting and financial investment options that make them ideally prepared for financial planning positions.

Finally, some MBA graduates choose to open their own business and make their own way in the marketplace. The connections and the business acumen that MBA graduates develop make them capable of opening and succeeding in their own business endeavors. As well, many MBA graduates team with colleagues or investors on ventures to expand their potential income and improve the strength of their main business.

It is not very easy to get an MBA job that allows an MBA degree holder to use his or her acquired skills and abilities. However, there are a number of ways to make use of your MBA. Networking, MBA career placement services, headhunters or executive recruitment, and internet sites with MBA jobs are four main approaches that assist you to get an MBA job. About 70% of MBA jobs are never advertised and are usually filled through internal appointments. So, to get a job in a particular post or organization the job seeker will have to build a good network with many talented individuals.

Business schools with MBA career placement services organize MBA job fairs and maintain active links with reputed business organizations. These allow the students to get a better understanding about these business jobs and help them to search for a good career. Executive recruitment services collect your details and help you to search for a job that you actually want. Another job search strategy is to surf the Internet sites advertising MBA vacancies. WorkTree is a complete job portal which holds up-to-date MBA vacancies as they become available.