Similar to the United Kingdom, the All India Council for Technical Education (AICTE) has decided to amend its Act (drawn up in 1987) to give approval to the one year MBA programme.Till date, only institutes offering a two-year Master of Business Administration (MBA) course were given the green signal. B-schools that started a one-year MBA course were considered “unrecognised” by the All India Council for Technical Education (AICTE). Despite this, prominent B-Schools like the Indian School of Business (ISB), Hyderabad, Great Lakes School of Business, Chennai etc. offer a one-year full-time postgraduate programme in management. These institutions have been declared as unrecognized by the AICTE. Now, these institutes have applied to the AICTE for recognition.

As per guidelines released by AICTE for two years MBA Course, its obligatory for B- Schools to provide a minimum of 1,050 to 1,200 hours of classroom teaching. And it should be half ( 600 hours ) for colleges offering the year- long programme with a minimum of 100 hours spent on project work or industry based assignment.Apart from this, the student wanting to enrolled for the part time management courses will require work experience of a minimum of two years.

If you are a full-time employee who is opting for a part-time MBA degree course, you will encounter all sorts of distraction that would affect your study and revision process. The heaps of work load influence your study performance and this is the main reason why people failed to get a MBA degree. A MBA degree qualification can change your life if you are looking for a career advancement.

Choosing the right MBA major

For your information, there are more than 5 MBA majors offered by various business schools. Make sure your choose the right MBA major according to your job preferences or your job prospects. If you’re main interest is in accounting, then it is quite risky to choose other majors. Follow your own instinct and your main interest. Normally, this problem is common for people with science bachelors degree, who opt for a business administration qualification.

Get rid of distraction.

There are various sorts of distraction. If you live with your family, especially you have kids at home, you will find difficulties to concentrate in your studies. Since online MBA degree program has been introduced, it has increase numbers of post-graduates due to blooming of internet technology in education industry. Online education offers flexible schedule that suits your hectic lifestyle. Plan your schedule well and make sure you allocate enough time to complete your assessments and revisions.

Getting the right resources

You need to find for right references for your study assignments. If you do not have one, please refer to the course counselor for complete list of reference books. You have to do surveys on prices and course information and credits from several universities which essential for completing the course. Consult your course related problems via MBA forums on the internet.

Getting prepared

Motivation is needed for course completion. As a matter of fact, time-management and self-study tips are available in self-help books. Books from these categories can be purchased via online bookstores.

There are a number of colleges which offer MBA, working people would prefer going for MBA distance education because of the fact that you can keep on working while you do the course. There are a number of institutions which offer MBA via distance education and choosing the best option requires that you answer certain questions before you join the course.

The first and foremost question that you must ask is the accreditation of the institution to offer the MBA course. The fact that there are a number of colleges which claim to offer distance education MBA has created a lot of confusion. Without proper accreditation, the MBA degree is not even worth the paper it is printed on. Before you join the distance education MBA program, it is a must that you should check the accreditation or else you would be in deep trouble.

The second question that you should ask is the fee structure. Since the MBA distance education does not require as many human resources and as much overall infrastructure, the tuition and other charges in the distance education MBA would not leave you broken down. Someone who is in the condition to spend a fortune might as well have joined the MIT or any Ivy League institution to get the MBA and not opt for a distance education MBA course.

The third question that you must ask is if the institution has an office close to the place you are located at. In case the entire course is online, this question is moot but where the traditional modes of distance education are being opted for, this can be a big question.

Another important thing that you need to check upon is the record of that institution’s placements and the salaries that the students were able to get. The fact is that you are doing an MBA to get a good position. If you cannot get the position and salary you want even after doing the MBA, not much point investing the time and effort!

Be assured that doing MBA from distance education is not an easy task. Since you are not bound by class hours, keeping pace with the studies might become a complicated task. Remember that doing MBA distance education requires that you should be doing the work with complete dedication, so prepare for a number of long nights.

The MBA, or Master’s in Business Administration, is the most sought after degree for individuals looking for a career as a business executive. Whether you are going into banking, finance, manufacturing or the service sector, having an MBA can give you an edge as you move up the corporate ladder. A few decades ago, the traditional path to take was to get your Bachelor’s degree in a particular business discipline and then go directly into an MBA program. Today, however, MBA programs are more flexible and can adapt to your work schedule and lifestyle.

Before you decide to pursue an MBA, you should understand just what it is and what you can expect to gain from it. This Master’s degree program is specifically designed to give you skills beyond those you learn at the Bachelor’s degree level in business management. Many people get a Bachelor’s degree in a field such as finance, government or economics, and then pursue their MBA to round out their managerial skills.

Courses you will typically take in an MBA program include finance, leadership skills, organizational dynamics, marketing, sales, management, advanced economics, government and statistics. You may also choose to specialize in a particular area by choosing a “concentration” such as the healthcare or hospitality industries.

An MBA will give you the opportunities you need to advance in business world. Today’s marketplace evolves and becomes increasingly complex; many employers are choosing to balance their need to retain good employees with their need to fill managerial positions with candidates possessing advanced-level knowledge and skills.
While information technology (IT) may have made the world global village, it has also contributed to one culture dominating another weaker one. The Technology changing trend may cause the employee’s downsizing. Internet has made job security a main issue as since technology keeps on changing with each day.

This means that one has to be in a constant learning mode, if employees wish for their job to be secure. Here are some reasons that “Why MBA betters then IT?”

MBA is a prerequisite for advancement to the highest levels. In particular, investment banking, management consulting and international finance corporations very much favor MBA’s in the upper levels of their management teams. While it isn’t necessary in other fields, it can certainly give you an edge when you are being considered for a promotion. Keep in mind that salary is also often based on both merit and education, so having an MBA can significantly affect your pay scale as you progress in your career.

Master of Business Administration – Health Care Management (MBA-HCM) programs can enhance business and management skills for effective health care management. Students learn to develop communication, critical thinking, and problem solving skills; study health care concepts and decision models; research profitable growth opportunities; address issues of health law and ethics; and study concepts of theory and leadership. Students enrolled in the MBA courses of study in Health Care Administration Schools will also find solutions to problems and create and implement programs to resolve them.

Healthcare industry is emerging as one of the promising sectors in the economy. An explosion of technology has occurred that will require managers to have a new set of skills, coupled with knowledge of traditional healthcare organizations. The educational programme in Health Care Administration was started in 1972 to impart the knowledge of basic as well as specific areas of management to professionals responsible for management of health care service. To meet the educational challenges of this rapidly evolving field, the Health Care Administrations (HCA) programme provides students with a managerial and technical foundation for careers in consulting, medical products, pharmaceuticals, biotechnology, financial services, venture capital, health care systems, health plan management and insurance, associations and government.

The programme and the pedagogical techniques are designed to develop initiative, analytical ability, effective communication & problem solving during situations arising in health services organizations. The specific objectives of this programme are:

·To provide management education to medical professional and alike working in the field of health services administration.
·To equip executives concerned with health administration with up-to-date knowledge about management and to develop relevant skills and attitudes; and
·To prepare them to apply modern management techniques in managing health care services in the country

The intake in this programme is 15 students.

Eligibility Criteria

* Every candidate seeking admission to the course shall have passed a Bachelors’ Degree Examination in Medicine of the University of Delhi or an examination recognized as equivalent thereto.
* He/She should have at least five years’ experience in Hospital Administration after acquiring the Bachelors’ Degree in Medicine.
* Five years’ experience shall be determined as on 1st August of the year of admission.
* Candidate must be sponsored by his/her present employer.

Selection Procedure

Applications for admission to various programmes are invited through advertisements in major national newspapers in September/October every year. Application forms are distributed to interested candidates on payment of the application fees. The filled-in application forms are to be sent to the Administrative Officer, Faculty of Management Studies, University of Delhi, Delhi-110007 for further processing. Eligible candidates are be called for a written test and/or an interview.

The selection will be made on the basis of an interview. Only those candidates who satisfy the eligibility conditions will be called for an interview. The candidates will be required to produce original certificates and mark-sheets at the time of interview. The final list of candidates selected to the program will be announced after conducting all the interviews.

Sources : http://www.fms.edu/

No matter what industry you’re in you can benefit from having an MBA degree. Getting an MBA degree can prepare you to be a manager or qualify you to be promoted to an executive position within the company that you work for. You could even learn how to start your own business and work yourself if you have an MBA degree. The biggest reason to get an MBA degree though is because you can earn more money if you have an MBA degree. Companies know that employees with MBA degrees are going to be an asset to the company and can really help shape the company and guide the company so that the company continues to grow and flourish. People that have MBA degrees usually have the skills and the expertise and the contacts to really move a company forward and most of the time companies are willing to pay high salaries to attract competent employees with an MBA degree. Over the course of an entire career the difference between what your salary will be if you just have a four year degree and what your salary will be if you have an MBA degree can be huge. Wouldn’t you rather invest the time and money into getting an MBA degree and collecting big over the course of your career instead of just sticking with a four year degree and staying stuck in the same rung of the salary ladder for your whole career?

With so many different online MBA programs to choose from it’s never been easier or more convenient to get an MBA so why put off enrolling in an MBA program? You can boost your earning potential and move your career to the next level of success just by getting an online MBA degree. If you work in a company that offers tuition reimbursement for continuing education you might not even need to pay for your MBA. Lots of companies these days will reimburse their employees for any education expenses if that education is going to directly benefit the company and certainly getting an MBA would be an asset to any company. Since you would be putting all the skills that you learn in the MBA program directly into helping the company that you work for progress chances are good that your employer would be willing to pay for at least part of your MBA degree if not all of your MBA degree although you might have to agree to stay with the company for a certain period of time if the company pays for the MBA degree. Companies that do offer tuition assistance or tuition reimbursement will often ask you to sign a contract agreeing to stay employed for a set time period, usually at least a year, after getting an MBA degree. That way the company can be sure that you won’t take the MBA degree that the company paid for and quit to go work for another company.

Every working individual has their own career goal to be achieved along their career path. The length of year to achieve the goal is vary depend on individual’s capability. For example two persons who currently work as marketing executive have set their career goal to become a Marketing Vice President as their highest career achievement. One of them achieve it within 5 years but the other one only achieve it after 10 years of working hard. What makes the different between these 2 working individuals? There are many career opportunities opened for you along your career path, it depends on how you manage to get ready yourself to qualify for it and secure the opportunity.

Unless you are satisfied with your current job or you are not aimed to achieve supervising or management position; otherwise, a graduate degree in business management will prepare you for the career challenge that you may face along your career path and get ready yourself to grab any opportunity that is opened to you. In fact, an M.B.A is the fastest path between where you are now and where you want to achieve. With an M.B.A in hand, you may use it to get a higher job position in your current field or you may choose to switch job with higher position and better salary in other business area.

The available of online education can make your life easier if you want to earn an MBA degree to achieve your career goal. There are so many online MBA programs available in the market. The good news is you have a lot of choices to choose your favorite MBA program, but the bad news is you might face difficulties to choose one because most of these online MBA look good until you are hard to pick the best among them. In additional, there are many fraud MBA degrees offered by diploma mills which you need to beware about them. The rule of thumb, before you request the information from the universities that offer online MBA programs, check whether these universities and their online degree programs are properly accredited by an Accrediting Agency approved by Ministry Of Education.

The online MBA allows you plan your learning schedule that fit into your available time slots so that it won’t crash with your work and family time. You can get the learning material online from any location as long as you have internet connection to login into the school’s system; hence, it will get rid of your concern if you are a working individual that need to frequently travel to outstations or oversea for job assignment.

A man without education is almost like a toy without a battery. Education is gaining prime importance in today’s competitive scenario. Management is one of the most popular career choices that students make to pursue their post graduation studies. MBA is the common abbreviation used for Masters of Business Administration which students opt for to pursue a career in management. MBA is one of the most common career choices amongst the youth in the world today. This is purely because of the benefits that the course offers. More and more MBA schools and management institutes are coming up. There are more than thousand institutes all across the country that offers full time residential MBAs. To add to the list, distance learning MBA, online MBA and part time executive MBAs are also gaining momentum.

With the growing needs of the industry for world class managers, the institutes offering management studies has also gone up in the last few years.

Most of the B-schools world over offer specialization like finance, human resources, marketing, operation etc. However, niche management specializations like MBA in communication, hotel management, fashion technology etc are also available. Salaries in management not just depend upon the student but also on the credibility and the goodwill of the institute. One can extensively search the internet for loads of information available on different management institutions and MBA colleges around the world.

More and more students are opting for management as a career option because of the dynamism and the power that management offer! There is tremendous growth after MBA. Since an MBA equips you with so many skill sets and abilities that one becomes a pro at managing and organizing activities in an organization. They actually teach you time management and multi-tasking skills that make your career growth graph worth a watch! Your communication and negotiation techniques are fully honed and thus most companies are readily to pay high salary packages to deserving MBA students. Research itself shows that MBA students are able to deliver and perform than students without the MBA degree. Also, the significance of MBA in today’s world has grown simply because of the intense competition that each company faces. It is purely due to this significance that more and more B-schools are offering varied kinds of MBA with different electives and specializations!

Choosing the Right MBA Course

When it comes to choosing the right Online MBA Course, many potential students may in a dilemma. Students may now be able to totally complete their certified MBA program online. A student who is staying in Asia may be able to pursue his certified MBA from MBA colleges in Alabama, US.

With so many factors to consider and so many accredited MBA programs available, potential students may be at a loss as to which Online MBA Course best suit them. There are few guidelines which may help these students in choosing the right Online MBA Course for themselves.

The first of the factors to consider when choosing an Online MBA Course is to ask yourself, what is your expectation from the MBA program? In other words, why do you pursue an MBA? No two MBA programs are alike, and even though all certified MBA programs offer the same basic core courses, their syllabus may still differ.

- Does the Online MBA Course give you the experience that you are looking for?
- Does the Online MBA Course syllabus include specific topics that are relevant to your career?
- What are the available electives in your Online MBA Course, and are they suited to your needs?
- Do you have the perseverance or the energy to complete your chosen Online MBA Course?
- Do you have the means to finance your Online MBA Course?

The second aspects that you will need to consider in choosing your Online MBA Course is the structure of the MBA program. This includes the duration of the MBA, whether you are able to pursue the MBA degree in a shortened time, and whether doing the MBA online is really suitable for you. You would also want to ask yourself if the timing of the MBA program is right for you, such as can you sign up for the Online MBA Course in time before your next targeted job promotion?

You should also ask yourself how will this pursuing of an Online MBA Course affect your lifestyle. Pursuing an Online MBA Course requires more than just time commitment but financial commitment as well. Do you have enough savings to finance your MBA? There are various ways to finance your Online MBA Course, such as taking a loan, applying for a grants, applying for a scholarship or getting your employer to finance your MBA.

Many potential students may wish to enroll with the top ranked MBA. However, remember that getting a certified MBA from a top-ranked MBA school is not going to be cheap.

Ultimately, there may not be such thing as “The” Online MBA Course. Each school that offers an Online MBA Course may have their own advantages and disadvantages. Ask yourself if the Online MBA Course that you are considering is able to bridge this gap.

One of the major benefit of pursuing for an MBA, be it the traditional classroom method or through an Online MBA Course, is the networking established with your peers. This networking may continue to serve you long after you have graduated with a certified MBA from your Online MBA Course.

To help you assess on the quality of an MBA, you may want to check if the MBA program is accredited. Some examples of top rank MBA school that offers accredited MBA program are Aberdeen Business School and University of North Alabama’s Colleges of Business. You may want to read about How AMBA Accredits MBA Program to find out more on MBA accrediting agency.

Along with questions asked on how to choose the right Online MBA Course, you may also like to ask yourself, if you will make a good MBA candidate. If the student drop out of the MBA course half-way, it does not reflect well on the MBA school as well. It is likely that a school that offers Online MBA Course would be looking for students with some prior working experience.

When you fill your application form for the Online MBA Course, do not leave any part of the form blank. Some MBA colleges require that you write an MBA essay, and this should be written sincerely. There is also some MBA colleges that will ask for an interview, though this may not be that relevant for an Online MBA Course. If the MBA college requires an interview, you should put in adequate preparation.

Education is of prime importance. Management is an important aspect of any industry. MBA as a career option opens many doors for good career prospects in the field of management. MBA helps one to achieve essential skills in managing an organization and running the business effectively. Being a highly valued degree, MBA can really help an individual to climb his or her career growth quickly. This is especially true in case of industries where management skills are required. Depending upon the specializations, MBA provides many jobs in sectors of marketing, finance, human resources, media etc. All these sectors need managers with keen business management and organizational skills. Thus an MBA truly helps in learning the nuances of management.

There are many reputed and well known institutes in the world that offer good placements in multinational companies. The fees that an individual invests in pursuing an MBA are thus recovered soon. Hence MBA is indeed a good education investment towards a bright rewarding career in the field of management. Not just that, MBA also shapes up your personality and grooms ones communication skills which are required to be a good effective manager. To put it in better words, MBA makes one a global citizen because in this time of globalization, the geographical and cultural distance is fast becoming blurred.

However, what is important to note is that one’s growth in the field of management not just depends on your potentials and qualifications but also on the institute that one passes out from. This is not just because the students deserve it but also the goodwill and the credibility of the institute also play an important role in the placement process.

Today most managers are qualified with MBA degree from reputed institutes across the world. Because of the pay-offs and the returns MBA is indeed one of the most sought after careers across the globe.