You can apply to join any MBA program. However, the most ambitious applicants all want to get into the top MBA programs. Any individual who wants to become a graduate of one of the best institutions has been working towards this goal for years. This process starts as a student in high school and then college. By the time you are ready to apply you already have a job that you are successful at. For many an MBA program at Harvard, Michigan, Stanford, Wharton or Kellog is their final push to get the career they have always dreamed of. If you are ready to apply it means you have all the necessary credentials. Based on this you most certainly do deserve to get the best out of life. However, you are going to have to compete with the best of the best to secure your place.

The one thing all successful people know is to use every opportunity to help them on their way. This is the sensible attitude if you are determined to get what you want. You’ve come such a long way already it would be a mistake not to gather as much information and advice as possible to give you the best chance possible. If you go about making applications to the best MBA programs the right way it will take time and effort. The more good advice you can get the better. Usually the best advice will come from those who have already been through the system in order to become MBA graduates.

Top 10 MBA Tips:

You must begin putting your application together far in advance

Ask at least two appropriate people to review the application

Ask for advice if there are any weak areas in any part of your application

Always be the person you are and don’t try to copy anyone else

Make sure your application is on time, but don’t rush; rather check again before submitting

Never underestimate the importance of recommendations

Have balanced recommenders – one for prestige and one who really knows you

Being put on the wait list does not mean you aren’t accepted

Know why you are choosing a specific school

To get into a top program you must have excellent GMAT scores because an application to an MBA program is such a lot of work it makes sense to get a good result. If you are making more than one application this is a procedure that will require extra time. Seeking the help of those who have been through it will prove to be invaluable. Even those who were unsuccessful will be able to give you some really good advice, even if it’s to be aware of what doesn’t work. The advantages of having top names like Harvard, Stanford and Kellog behind your name will make it all worthwhile. The future will consist of the best employment and access to the highest earning power. The most cutting edge companies are always on the lookout for the best talent, and they all come from the best MBA programs.

Everybody wants to pursue MBA program from Top MBA colleges because after studying from these colleges, there is a high chance of getting employment in the reputed companies. These MBA colleges get more preference to those students in admission who have achieved good score in GMAT Exam. GMAT stands for Graduate Management Admission Test that is a computer adaptive standardized test in mathematics and English language. This entrance exam is used to measure the knowledge level and aptitude of the potential candidates for ensuring that they can cope up with that program for which they have applied for. There are some points that may help you in getting good score in the entrance exam.

Take a Self Assessment:- If you want to qualify GMAT Entrance exam with good score, you should give your self assessment by taking GMAT diagnostic test. By this, you will get your current level of an aptitude. With the help of this result, you will know on which areas you need to be focused and how much time you should need for improving your weaker parts.

Update your knowledge by reading books:- Once you got your current knowledge with the self assessment, you should need to focus on the topics which are weaker. For enhancing your knowledge, you should get reference books for study or you can search topics on the Internet.

Do regularly practice tests:- Today, there are many websites that provide free online practice tests for assessment. You can do practice on these tests. For getting good score in GMAT entrance exam, you should do practice tests as many as possible. You should attempt at least 20 practice tests before going to the entrance exam.

Throughout your MBA, you will no doubt have been toiling with the different areas of your operational experience and management that should have emphasis in essays and projects that you have been working on.  This will also be true when you are thinking about your MBA dissertation topic, as you will need to choose an element within your organisation to conduct an in-depth study.

Business dissertation topics do contain a wide ranging of different subjects to choose from and you should not look towards being constrained just by the department where you work.  You should also look at other departments that your team works with and look towards analysing the affects that both have on the topic at hand, and whether there are any affecting other aspects too.

The paper should cover all usual dispensable sections required for discussion in scholarly research and each section should be adapted so that it can be read by non-academics.  Therefore, filled with enough theory and conceptualisation for other members in your organisation to understand.  The topic of the research should also reflect a broad overview and prospective towards the elements that you are trying to discover/research.

You should look at how the decisions you make on your chosen topic will affect your ability to conduct primary research with the people you want to.  This may be through interviews with experts in your field, industry, or organisation.  It can also be through primary research conducted with operational employees across your organisation too, so your topic may depend on the logistics that you are able to implement to gain views and answers that you can analyse.

An MBA dissertation is a complex and challenging research paper to complete; you will need to present your thoughts and viewpoint of the entire organisation and fit all the ‘building blocks’ into the right places.  This will result in effective components that can be implemented in your organisation, moving both yourself (academically and professionally), and the organisation (people and processes) forward.

IGNOU launched a new domain in management studies, ‘MBA Management Practices’ in collaboration with Bharti Learning Systems Limited (BLS).

The MBA programme will ensure specialization in six professional areas like – Telecommunication, Sales & Marketing, Human Resources (HR), Insurance, Retail and Banking.

The programme is an outcome of Memorandum of Understanding (MoU) signed in March 2009 by IGNOU and BLS for five years, renewable under certain terms laid down by IGNOU.

The entry point is Graduation, with 10+2+3 years and above, from a UGC recognized University.

In the four-semester schedule, the programme ensures Certificate, Diploma, and PG Diploma to a student after completion of the first three semesters, respectively, before the fourth, which will entail the MBA – Management Practices degree.

1. Advance in your current career. A Master of Business Administration prepares you for a managerial role in your current field, whether or not you’re already in the business world. Medical professionals, publishing professionals, real estate agents and tech support specialists are among the many who can benefit from an MBA degree and attain a more rewarding position in their existing career.

2. Change to a new career. The flexibility of today’s MBA programs provides prospective students with a myriad of options, from accounting to project management to international finance. If your current career doesn’t suit your interests and abilities, a graduate business degree can jump-start your job prospects in a new direction and give you valuable and marketable management skills.

3. Start your own business. An MBA program imparts the skills and knowledge necessary to be an entrepreneur and bring a new business to life. If you have the creativity, people skills and drive to start a business, a good graduate program will train you in critical areas like business planning, venture financing and small business management.

4. Grow your networking resources. One of the most valuable benefits to attending business school is the opportunity to network with fellow students, alumni and professors. These professional relationships can serve you well throughout your career, providing essential mentoring and contacts.

5. Increase your job security. The industry-specific knowledge and skills gained via an MBA degree program translate directly to increased job security. An MBA graduate is not only a desirable candidate at entry level, but also possesses the expertise to branch out or advance within an existing career.

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.

There are plenty of MBA Colleges in India but few of them are counted as best. These Colleges are world known for churning talented and highly skilled MBA professionals.

1- Indian Institute of Management (IIM) – The Indian Institute of Management (IIMs) are one of the most reputed business schools not only in India but in the whole world. IIM is ranked amongst top most management college in India. There are total of 6 IIMs situated in Ahmedabad, Bangalore, Calcutta, Indore, Kozhikode and Lucknow. In order to get admission in IIM one has to get high Score in Common Admission Test (CAT). Not only that, you also have to perform excellent in personal interview and group discussion conducted by college.

2- Indian School of Business (Hyderabad) – ISB Hyderabad is one of top ranked business school in India. The university was established on December 2, 1999 by a group of fortune 500 entrepreneurs in joint venture with Andhra Pradesh state government. In annual MBA 2009 rankings done By Financial Times, ISB is listed as #15 amongst top 100 global business schools. The have faculty coming down from best institutes of the world which includes London business school, Wharton, Stanford and other good schools. For more information about college you can visit their official website.

3- Jamanlal Bajaj institute of Management Studies (Mumbai) – JBMS was founded in 1965 by the University of Mumbai. It is third oldest Management College in India. The major objective of JBMS is to pioneer and further the Management Education in India. It is included amongst Top 25 Business Schools in Asia-Pacific region. Throughout its existence, the college has shown remarkable and dynamic growth.

4- Xavier Labour Research Institute (Jamshedpur) – XLRI which is widely known as Xavier Labour Research Institute is located in the city of Jamshedpur. The institute was founded in year 1949. Today, it is one of the leading Management Colleges in country providing best quality education to students aiming at a successful career in business management. The institute offers wide range of courses along with Master in Business Management degree.

5- SP Jain Institute of Management & Research (Mumbai) – SP Jain Institute of Management & Research is one of the most popular MBA Colleges in Mumbai. The college was established in year 1981. It is continuously rated amongst Top 10 B-Schools in India. The college provides full circle of courses related to industrial and business needs.

So you have made decision to pursue MBA which is one of the most Recognized and Prestigious Degree in the business world. It is a professional degree for those who want to make a career in Business and Management world. It gives you Practical and theoretical knowledge about business principles. It prepares you for Business world and equips you with skills that can be applied when you are in Business World.

After making decision of pursuing Master in Business Management, you have to make an important decision about which type of Program you want to pursue. You need to choose the Program which suits your needs and circumstances. There are several types of Programs to choose from. All of them fall into These Categories:

Full Time  – Full Time MBA is one of the most prestigious type of Management Program. It is best for fresh college graduates. Those who are not well-settled in their career or those who are looking for career-change, can do Full Time . If you want to pursue Full-Time basis, then you have to leave your day job.

Part-Time – Part Time MBA is especially designed for working professional. With Part Time you can continue your job as well as study. Part Time classes are usually held in the evening or weekend so that you don’t face any problem with your job.

Distance MBA – A Type of Programe that can be completed at the comfort of your home. This is designed for remote students. In Distance learning, Students study in part time while continuing maintaining their career.

Executive MBA – As its name suggest, it is a type of MBA specially designed for executives of company who wants to enhance their Management and Business Skills. With EMBA, they can get Business Administration degree without any interruption in job and personal province and can anticipate themselves for career advancement.

Online MBA – With Online study, you need not to go any classroom. You can get your  Degree Online with a very little disruption to your professional life.

Dual Degree – With Dual  Degree you can Pair your degree Program with another graduate program e.g. law, engineering, technology etc.

Masters in Business Administration or MBAs are in real demand these days. And if someone is holding his or her MBA degree from a reputed business school, it’s an icing on the cake. The students of top business schools bag lucrative offers from the corporate world.

Almost all the universities conduct the MBAs program today. With the phenomenon of globalization taking the practical shape, whole world has emerged in to a big market. This has led to the great increase in the business activities all over. Products and services are being sent and received across continents. This situation has posed a huge demand for the skilled professionals in the industries. In an MBA program, syllabus is prepared in such a manner that it covers all essential elements of business.

MBA Specializations:

There are various streams of MBA course which can be studied as specializations. Some examples are: MBA in Human Resources (HR), MBA in Hospitality & Tourism, MBA in Entrepreneurship, MBA in Communication, MBA in Marketing, MBA in Health Care Management, MBA in Finance, MBA in Operations.

Some prestigious Management Institutes in India are enumerated below:

List of MBA entrance examinations 2009
• AIMA-MAT
• INC Adam Smith Institute of Management
• National Institute of fashion Technology
• West Bengal University of Technology, JEMAT 2009
• Department of Commerce, University of Delhi
• MDI School of Energy Management
• KIIT University, Bhubaneswar
• Department of Financial Studies, University of Delhi South Campus, New Delhi
• ATMA – AIMS Test for Management Admissions
• Faculty of Management Studies , University of New Delhi
• NMAT
• SNAP Test
• TATA Institute of Social Sciences
• XLRI Jamshedpur, XAT 2009
• Joint Management Entrance test (JMET)
• Institute of Rural Management Anand
• Indian Institute of Foreign Trade (IIFT)
• IBSAT
• Common Admission Test (CAT)
• Adani Institute of Infrastructure Management, Ahmedabad
• SIES, Navi Mumbai
• Xavier Institute of Social Service, Ranchi
• VIT- Business School , Vellore
• Institute of Management Development and Research, Pune
• IILM Institute for Higher Education
• Indian Institute of Management, Calcutta, IIT Kanpur, IIT Madras
• MICA, Ahmedabad
• Symbiosis Institute of Business Management, Bangalore
• Symbiosis Institute of Management Studies, Pune
• Symbiosis Institute of Operations Management, Nashik
• Symbiosis Institute of Healthy Sciences (SIHS), Pune
• Great Lakes institute of Management, Chennai
• Jaipuria Institute of Management, Lucknow
• Symbiosis Centre for Management and Human Resource Development
• Welingkar
• Symbiosis Institute of Telecom Management
• K.J.Somaiya
• Indian Institute of Management Kozhikode
• S.P Jain, Dubai, Singapore
• Symbiosis Center for Information Technology
• Asia-Pacific Institute of Management
• Institute of Management Technology, Dubai
• Xavier Institute of Management & Entrepreneurship, Bangalore
• Indian Institute of Forest Management
• Symbiosis Institute of International Business, Pune
• ITM Business School
• Panjab University, Chandigarh, University Business School
• AIMA, Aligarh Muslim University
• Indian Institute of Information Technology, Allahabad
• IILM Graduate School of Management, Greater Noida
• NITIE, Mumbai
• Department of Financial Studies, University of Delhi South Campus, New Delhi
• Chandragupt Institute of Management Patna
• National Institute of Design, Ahmedabad
• Institute of Insurance and Risk Management
• Management Development Institute, Gurgaon
• Kirloskar Institute of Advanced Management Studies
• NIRMA Institute of Management
• University of Hyderabad, The School of Management Studies
• Institute of Management Technology, Ghaziabad and Nagpur
• NICMAR
• Goa Institute of Management, Goa
• Mudra Institute Of Communications, Ahmedabad
• Asian Institute of management
• Management Development Institute, Gurgaon
• Loyola Institute of Business Administration, Chennai
• Institute for Financial Management and Research, Chennai
• IIM Lucknow, Noida campus
• IIM Bangalore
• XLRI Jamshedpur
• Indian Institute of Forest Management
• Birla Institute Of Management Technology, Greater Noida
• Xavier Institute of Management, Bhubaneswar
• Institute of Petroleum Management, Gandhinagar
• National Institute of Technology, Tiruchirappalli
• GITAM Institute of International Business
• Lal Bhadur Shastri Institute of Management, Delhi
• Balaji Institute of Modern Management, Pune
• Indian Institute of Technology, Bombay
• S.P.Jain Institute of Management & Research
• Fore School of Management
• T.A. Pai Management Institute
• Faculty of Management Studies, Delhi
• NMIMS University (School of Distance Learning)
• Anna University, Chennai
• Pondicherry University, Directorate of Distance Education
• Institute of Public Enterprise, Osmania University Hyderabad
• Entrepreneurship Development Institute Of India
• Fortune Institute of International Business
• SCMS, Cochin
• Symbiosis Institute of Geoinformatics
• Globsyn Business School
• AICAR Business School, Karjat
• International School Of Business & Media
• NILLM -CMS, New Delhi
• National Insurance Academy School of Management, Pune
• Suryadatta Institute of Management & Mass Communication
• International School of Management Excellence, Bangalore