Ask any expert or find relevant information on the internet regarding an MBA program and all will invariably tell you that MBA in India or for that matter anywhere in the world is a serious investment of time and money. The programme fee for an MBA from any business school(worth its salt) in in India is most likely to run into several lakhs of rupees making this prestigious post-graduate course of two years duration one of the most expensive programs to pursue. Two precious years of your life in addition to heavy expenses makes it imperative on your part to do some careful research about the institute, its faculty and the placement opportunities it offers to its students before making a final commitment.
The overall cost and money involved along with the affect it is going to have on your career makes it pretty logical to invest some resources upfront finding out more about a quality business school and the type of education it is expected to offer. Pursuing MBA is one of the most important critical decisions of your life-at par with some other major decisions you have made in the past or likely to make in the future—and making the correct choice with respect to your institute one which you cannot risk of bungling at any cost.
This two years professional course which prepares you for mid and senior level management roles across wide variety of industries and sectors is presently enjoying unprecedented popularity in the country.
A complex and dynamic business environment requires managers and leaders who can lead their organization from the front. This is what that is taught in top business schools that go at great lengths to ensure that you develop both hard and soft skills so that you can strategically steer your career in the right direction. An MBA as such from a reputable management institute is going to do wonders for your careers. You stand a realistic chance of getting a responsible position in both private and public corporations with good salary packages and perks.
However, in order to derive the maxim benefit from your MBA education, you need to ensure that you enrol in an MBA program of a business school that is known for its education, placement, infrastructure and alumni network among other things. Top MBA Colleges in Mumbai or highly ranked colleges anywhere else in India equip their students with the skills and the confidence to make a purposeful and successful entry into the job market.
Major newspapers and journals once or twice a year come with their list of top 20 management colleges in Mumbai or top business schools in India. These magazines and journals are a good way of gathering relevant information about the top quality management institutes in your city. However, you must remember that the rankings published by these magazines should not be taken as the gospel truth as different publications take different criterions into account to assign ranks to these institutes,. At best they should serve as a starting point for you from where you need to delve a bit deeper to collect more information about a business school and how well it fits into your scheme of things.