Ever wondered why a majority of fresh graduates make a beeline for an MBA program? Why is it a prevailing trend today? Sure, the coveted degree makes you future ready, adds value to the resume, helps land dream jobs and score heftier pay packages. But is this enough for the MBA hype? Here’s a quick read on why the globally recognised degree is so popular.
Master of Business Administration (MBA) is a program that prepares aspirants with analytical skills, a good theoretical and practical approach to handle evolving business needs and the emerging issues deftly. And yes, an array of specialisations provides proficiency and paves the way for endless career possibilities in various domains. Apart from subjective knowledge, the professional degree enhances overall personality, teaches strategic thinking, boosts confidence and provides an extensive network for collaborations. It’s also financially rewarding, fuels the zeal for entrepreneurship and heightens social prestige. A lot of compelling reasons to pursue an MBA program right?
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Increasing Demand for MBAs
Findings of a recent survey by the Graduate Management Admission Council (GMAC) revealed an 8.9% increase in application volume for MBA programs in the Asia Pacific (APAC) region. Also, on the hiring front, the scene for MBA holders is rosy. GMAC found 90% of APAC employers intended to hire MBA holders and also increase the starting base salaries. These projections clearing indicate the growing demand for the management program among companies and applicants alike. An MBA from a reputed institute is a prestigious qualification that has got tremendous market value today. It is the greatest investment aspirants can make for their career trajectory. The credentials not only guarantee ample career opportunities but also help solidify one’s chances of promotions in a current set-up.
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MBA Options in India VS Abroad
Debating between an Indian VS International MBA? An analysis of the two options on various parameters will help determine which program suits you more. Here is a quick comparison.
MBA in India can be earned straight after graduation provided you are armed with a fantastic score in the entrance exams. International universities lay emphasis on a good GMAT/GRE score, overall academics, substantial work experience (4-5 years), recommendations, essays, transcripts and more.
Cost can be a deciding factor. An MBA in India will cost 10-20+ lakhs as opposed to the program in a top-tier US college which can set you back by 75-80. What’s more, you will wrack up a debt of education loan. If money is a constraint, you may want to consider the homeland.
Thanks to well-structured recruitment drives, the top MBA colleges of India makes it easy for students to clinch cushy jobs. The same doesn’t hold true for their international counterparts. Despite having career services, the onus of reaching out to elite companies for good placements falls on the students.
If you are keen to work abroad, an overseas MBA program is a better option as it offers a global perspective along with exposure to a diverse environment. The domestic program, on the other hand, focuses on local dynamics and is more applicable to the Indian business landscape.
Types of MBA Programs
An MBA program in India can be studied in a number of formats. The most popular among them include full-time, part-time, and executive.
The full time (2-year) MBA program is intensive, with a fixed schedule of regular classes, assignments, exams, practical work etc. It provides the chance to garner professional experience via summer internships. Also, campus placements help students nab good job profiles.
A part-time mode is a viable option for working professionals looking to update their knowledge for career growth. Spread over a couple of years, the mode is flexible and less demanding. Aspirants can pursue the program without quitting their jobs as classes are held during the evenings or weekends.
Executive programs are designed for senior managers with significant work experience. It aims at leveraging their credentials and skill sets for professional advancement within the organisation.
The regular MBA is expensive compared to the part-time format. The cost of the executive mode is generally borne by the company.
Why Choose Dehradun as an MBA Destination
Wondering whether Dehradun is the right setting for chasing your MBA ambition? Here are some reasons that will compel you to head towards the Eton of the East!
Finest MBA Colleges
The capital city of Uttarakhand is an education hub of India. Besides boasting some outstanding schools, Dehradun is home to the finest MBA colleges in the country. Equipped with outstanding infrastructure and notable faculty, they impart an industry relevant curriculum along with practical skills to achieve career goals.
Mesmerising Scenic Beauty
Surrounded by mountains and gushing water bodies, Dehradun is a pollution free city with mesmerising scenic beauty and pleasant weather conditions. The calm and peaceful city offers the perfect environment for students to focus on academics.
Lower Cost of Living
Dehradun is a safe city with warm, friendly people. Also, the cost of living is low. With everything from food, entertainment to rent and public transport being pocket-friendly, students can meet their monthly expenses with ease.
Top Outdoor Experiences
The social life may be a tad quieter, but students have access to a lot of outdoor sports like paragliding, river rafting, skiing, bungee jumping or exploring woods. You can have weekend fun at a place like Mussoorie, Rishikesh, Landour, Chakrata, and George Everest etc. which are just a short ride away.
Top 5 MBA Colleges In Dehradun 2019
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University of Petroleum and Energy Studies (UPES)
Established in 2003, UPES School of Business is the go-to-destination for individuals wanting to pursue MBA in domain specific courses. Situated on the outskirts of Dehradun, the lovely 44-acre campus offers students a quality education, modern infrastructure, first-rate facilities and a range of extra-curricular activities for overall holistic development. The UGC-recognized and NAAC-accredited University has bagged a number of prestigious awards. It has received 5 Stars for employability and campus facilities along with 4 Stars for teaching by QS Ratings.
Course Name – Entrance & Eligibility
The eligibility criterion for the MBA program is a graduation degree from a recognized university plus a valid CAT/MAT/XAT/CMAT/NMAT/GMAT/ UPESMET score followed by GD/PI. The curriculum imparted by a distinguished faculty is a healthy mix of industry aligned specializations, soft skills, personality development programs, workshops, and collaborative learning. The business management program at UPES helps in preparing sharp, highly-driven and future-ready professionals to handle the core sectors.
Placements at UPES
UPES has accomplished a track record of 90% + placements over the last few years. The well-established placement cell helps students sail through interviews and land six digit salaries with niche MNCs. Its galaxy of recruiters include names like IBM, Nestle, Infosys, Philips, KPIT, Nestle, Shell, Carbon Black Limited, Tech Mahindra, Reliance, etc.
Differential Factor
UPES offers specialised programs in 10 core sectors of Oil & Gas, Power, Energy Trading, Infrastructure Management, Aviation, Port & Shipping, Logistics & Supply Chain, Information Systems, Business Analytics, and International Business.
Contact Details
- Address: P.O. Bidholi Via-Prem Nagar, Dehradun, Uttarakhand, India- 248007
- Phone #: 0135-2770137, 2776061, 2776201, 2776053,2776091
- Email: enrollments@upes.ac.in
- Website: http://www.upes.ac.in
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Doon Business School (DBS)
Established in 2008, Doon Business School (DBS) is one of the premier institutes in Northern India. Since its inception, DBS has equipped aspiring managers with the analytical skills and knowledge needed to make a mark in the dynamic business landscape. Backed by excellent infrastructure, exceptional educators and industry relevant curriculum, the college offers a world-class education designed for national and global economy. DBS has been ranked the 4th best college in India for Faculty and 6th best college in India for Placement by Career Links in 2016. The college is also listed amongst top 35 B-Schools in India by Business Barons in 2011.
Course Name – Entrance & Eligibility
DBS offers a 2-year MBA program split into four semesters. The course approved by AICTE is affiliated to the Uttrakhand Technical University (UTU). Admission to the MBA programme is on the basis of merit in CAT/MAT/CMAT /GMAT exams followed by GD and PI. The curriculum, a wonderful blend of academics, practical work, case studies, and internship is designed to help students build a successful career. Specialisations are offered in Marketing, Finance, HR and International Business.
Placements at DBS
Placements at DBS are excellent. The college has a well-structured Career Development Cell (CDC) that goes all out to help students nail high paying jobs. It offers training, career advice and organises workshops, corporate visits, along with recruitment drives for healthy interactions between students and prospective employers. Graduates have grabbed packages between Rs.2.5 lakh to 23 lakh per annum.
Differential Factor
DBS Global offers an internship program in Singapore and Dubai for international exposure. The business school regularly updates the course content to keep it fresh, innovative and in line with the changing industry trends.
Contact Details
- Address: Mi-122, Behind Pharma City, Selaqui, Dehradun Uttarakhand, India – 248001
- Phone #: 0120-4146755, 9667853261
- Email: info@dbs.org.in
- Website: http://www.doonbusinessschool.com/
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Graphic Era Hill University (GEHU)
Founded in 2011, the Graphic Era Hill University (GEHU) is rated among the elite MBA colleges in Dehradun. Within a short span of 7 years, GEHU has earned a reputation for excellence in management studies. Supported by highly qualified academics, state-of-the-art infrastructure, and pedagogic innovations, the University imparts a quality program designed for today’s global economy. The beautiful campus surrounded by the captivating views of the Shivalik Hills provides the perfect environment for academic and professional growth.
Course Name – Entrance & Eligibility
The 2-year MBA program at GEHU is spread over four semesters. A bachelor’s degree in any discipline plus valid CAT/MAT/XAT score is essential for the admission process. The curriculum, a combination of traditional classroom teaching, practical training and internship is designed to hone management skills and decision-making capabilities. Students can opt for specialisations in finance, marketing, human resource, logistics, and information technology.
Placements at GEHU
The placement scene at GEHU is fairly decent. Around 80-85% students manage to score lucrative jobs. Niche companies like Accenture, HDFC Bank, Deloitte, ITC, Cognizant, Byjus, Wipro and more visit the campus annually for recruitments. The highest annual package is around Rs.9-10 lakhs, the average Rs.4-5 lakh, and the minimum Rs.3 lakhs.
Differential Factor
GEHU offers a 25% fee concession to the students hailing from the hilly areas. Thanks to close links with organisations like CII (Confederation of Indian Industry), IAU (Industries Association of Uttarakhand) and PhD Chamber of Commerce, students get exposure and enjoy a unique industry perspective.
Contact Details
- Address: 566/6, Bell Road, Clement Town, Dehradun, Uttarakhand, India- 248002
- Phone #: +91-135-2643421, 2642727
- Website: https://www.gehu.ac.in/
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IMS Unison University (IUU)
IMS Unison University, a component of Unison Group, is acknowledged as a top-tier college for business education in Dehradun. It provides in-depth knowledge alongside analytical, leadership and managerial skills to transform students into proficient leaders who can navigate the complexities of the business realm with confidence. As an added bonus, the lush campus burrowed amidst picturesque surroundings offers a stimulating environment for an enriching educational experience. IUU is recognised by the UGC.
Course Name – Entrance & Eligibility
The MBA at IUU is a traditional 2-year program based on the trimester pattern. Graduation in any discipline plus a valid score in the aptitude test are the requisites for admission. The course content comprising case studies, workshops, guest lectures, simulation games, seminars is crafted to help students achieve their career goals. A 6-8 weeks industrial internship is compulsory.
Placements at IUU
Campus recruitments at IUU are fairly satisfactory. The University has an efficient career service centre that grooms and trains the students with essential skills to snag good pay packages. The placement statistics for the last academic batch (2016-18) are impressive with 95% of graduates getting successfully placed. Major recruiters were ICICI Securities, Axis Bank, HDFC Bank, Jet Airways, Jaro Education, Just Dial, Cleartrip, Policy Bazaar, and Swiggy to name a few.
Differential Factor
IUU offers dual specialisations in any two selected streams (Marketing, HR, Finance, International Business, Retail, Operations, Entrepreneurship, and Family Business). Value-added programs are offered alongside the regular curriculum to help students attain a competitive advantage.
Contact Details
- Address: Makkawala Greens Mussoorie Diversion Road, Dehradun, Uttarakhand, India- 248009
- Phone #: 0135-3000610, 3000611, 7055900031, 7055900033
- Email: admissions@iuu.ac
- Website: http://www.iuu.ac
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IBS Business School
The IBS Business School in Dehradun is affiliated with the ICFAI University. Since its origin in 2003, IBS is counted among the top MBA colleges in the region. The lush green campus boasting top-notch infrastructure, an eminent faculty and a full range of facilities provides a supportive study environment. IBS has won a number of awards and accolades. It bagged the 2nd position among B-Schools of ‘Outstanding Excellence’ in the GHRDC-CSR B-School Survey 2016. Also, it was listed the Best B-School State-wise (Private& Public) in Uttarakhand AAA and rated 65th amid the best ‘Indian Management Colleges in Research’ in the Careers 360 B-School Rankings 2017.
Course Name – Entrance & Eligibility
Admission to the 2-year MBA course at IBS hinges on a valid IBSAT score and a bachelor’s degree (50%) in any stream from a recognised university. The academic rigour formulated by experts empowers students with knowledge and skills to face the tough challenges of the corporate world head-on. It focuses on core and specialised courses, case studies, soft skills and a 14-week summer internship for industrial exposure.
Placements at IBS Business School
IBS has a superb track record for campus placements. The Career Management Centre (CMC) provides guidance and helps students interact with potential employers through seminars, meets and workshops to nab good jobs. The highest package stands at Rs.10 lakhs, the average at Rs.6 lakh, and the lowest around Rs.3 lakh per annum. Top recruiters include Wipro, Google, Aditya Birla Group, Karvy, India Bulls, HDFC, Franchise India, SBI, Oyster, Jaro Education, IDBI, Utkarsh Bank, etc.
Differential Factor
IBS uses rubrics for evaluating the learning abilities of students. Certificates, medals, and awards along with cash prize are presented to students displaying excellent performance in the professional program.
Contact Details
- Address: Rajawala Road, Central Home Town, Selaqui, Dehradun, Uttarakhand, India- 248197
- Phone#: 0135-3003009, 1800-120-8727
- Email: admissions@iudehradun.edu.in
- Website: http://www.icfaiuniversity.in/IUDehradun/index.html
disclaimer
The content published on this page is a compiled result of What After College’s Research team. The parameters of the research and the content structure are devised by What After College’s Research Team and it is not in any way related to rankings done by governmental bodies. This research has purely been done by a third party. Kindly contact at +91-96432-09209 to make desired changes in the contact information related to your college.
Conclusion
With hundreds of corporate companies and huge job market, Guwahati is one of the best cities to pursue the MBA degree. The town also has promising entrepreneurial chances. The learning environment is conducive with such vibrant placement opportunities. The city rich in culture will allow you to polish your networking skills as well. The MBA Colleges in the city provide a wide range of specialisations including Hotel management and Fashion technology as well.
These institutions provide the best platform to groom the students academically as well as personally on all aspects of the professional and social level. The faculty in almost all institutions are well experienced and work towards bringing out the leadership traits of the candidates. This shapes the candidates to be more efficient and optimistic in the workplace.
Specialisations in MBA
There are a vast number of specializations in MBA ranging from Finance Management, Marketing Management, Human Resource Management, Logistics and Supply Chain Management, Business Management, International Business, Operations Management, Entrepreneurship, Business Analytics, Insurance, Healthcare Management, Tourism and Hospitality Management, Project Management, Hotel Management, and the list goes on.
The most trivial of these all are Finance, Marketing, HR, Business Analytics and Entrepreneurship. These specialisations are offered in almost all the top MBA Colleges of the nation.
MBA in Finance Management: This specialisation focuses on financial resource planning and control in any organisation. The economic strategy, statistical analysis, budgeting, and financial knowledge are imparted along with the skills required for procurement issues in any business.
MBA in Marketing Management: It is this category of Managers that take finished products or services to the consumers. Understanding the fundamentals of the market, transforming the needs of the consumers into products or services, advertising, and selling of the goods are emphasised this specialisation.
MBA in Human Resource Management: Students are trained in managing and dealing with people in the workplace. It includes hiring process, allotment of workload such that the maximum potential is harnessed, appraisal, exit procedure and soon.
MBA in Business Analytics: This is a highly in demand stream since data analytics has taken the lead in the global market. This stream imparts knowledge on tools and techniques of data analytics and use them for business intelligence and to improve various functional areas of the organisation.
MBA in Entrepreneurship: An entrepreneur needs a complete knowledge from setting up an organisation to successfully running it. An MBA in entrepreneurship equips the aspiring entrepreneurs with all the business traits that they need from finance, marketing, networking, and the entire business intelligence.
Careers after MBA
Communication skills are the most vital and highly valued skill that employers seek in the job market. Listening, Speaking, Reading and Writing (LSRW) skills along with excellent presentation is demanded by four out of five employers that hire an MBA candidate. The next preferred skills are leadership and teamwork. The right specialisation and right choice among MBA Colleges would help you land in the perfect career. With an MBA, there is a huge span of job opportunities in the job market. Every organisation across every sector needs MBA graduates.
Based on your skills and specialisation, job roles like a management consultant, Marketing Manager, Investment Banker, Operations Manager, Financial Advisor and so on can be taken up. The market and companies demand practical skills. MBA can be a real game changer if you understand the expectations of the company and present yourself accordingly.
Not just the private sector, even the government sectors such as banking and PSU (Public Sector Undertakings) have huge demands for MBA graduates for various managerial posts throughout the nation.
Conclusion
An MBA definitely refines career and life. It provides you with options which you may not have had otherwise. It is essential that you recognise which specialisation would suit you best. Pursuing higher education in top MBA Colleges would surely help to reach greater heights. The best advice would be to take the next step by analysing which of your skills can be enhanced to make yourself more valuable to an organisation or business.
Meanwhile you can also check our list of Top MBA Colleges in other cities:
MBA Colleges In Delhi| MBA Colleges in Mumbai| MBA Colleges In Chennai| MBA Colleges In Hyderabad | MBA Colleges In Bangalore| MBA Colleges In Kolkata | MBA Colleges In Agra| MBA Colleges In Dehradun| MBA Colleges In Aurangabad| MBA Colleges In Surat| MBA Colleges In Pune| MBA Colleges In Ludhiana| MBA Colleges In Lucknow| MBA Colleges In Kanpur| MBA Colleges In Jaipur| MBA Colleges In Coimbatore| MBA Colleges In Chandigarh| MBA Colleges In Bhopal| MBA Colleges In Indore| MBA Colleges In Ahmedabad |MBA Colleges In Gandhinagar
You can also check our list of Top CAT Coaching Institutes in your city:
CAT Coaching in Delhi | CAT Coaching in Mumbai | CAT Coaching in Chennai | CAT Coaching in Hyderabad | CAT Coaching in Bangalore | CAT Coaching in Kolkata | CAT Coaching in Coimbatore | CAT Coaching in Trivandrum | CAT Coaching in Dehradun | CAT Coaching in Raipur | CAT Coaching in Ahmedabad | CAT Coaching in Nagpur | CAT Coaching in Bhubaneswar | CAT Coaching in Vijayawada | CAT Coaching in Pune | CAT Coaching in Allahabad | CAT Coaching in Patna | CAT Coaching in Kanpur | CAT Coaching in Bhopal | CAT Coaching in Indore | CAT Coaching in Jaipur | CAT Coaching in Chandigarh
Conclusion
While the decision to pursue MBA is wise, it’s important to choose the right college to ensure an enriching learning experience for a bright professional future. For starters don’t let marketing gimmicks or brand names influence your decision. Instead, carry out an online search and trust your own findings. A good idea is to shortlist a few colleges, check their websites and read reviews to learn about various parameters like rankings, infrastructure, facilities, eligibility criteria, faculty, pedagogy, curriculum, specialisations, placement records, alumni network and so on. Visit the campus and interact with both current and ex-students to get a clear picture of the exact scenario. Remember an MBA is a big investment both in terms of time and money hence put due thought and consideration into the selection process.
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Specialisations in MBA
A regular MBA program offers aspirants a chance to specialise in a specific area of choice to gain proficiency. While the list of specialisations offered by the top MBA colleges is quite extensive the most in-demand streams are the following.
- Finance: The money-centric field attracts a major chunk of MBA grads. A perfect fit for students with strong quantitative skills, the specialisation focuses on accounting, financial planning, investment strategies, economics, mergers and acquisitions, corporate risk and more. Career choices include investment banking, hedge fund management, credit risk management, portfolio management etc.
- Human Resource: This is another specialisation that is in the limelight. It prepares students to take on the versatile role of an HR manager of a company. It equips them with analytical and problem-solving skills to plan strategies, recruit, train, manage and retain the right workforce in the firm to guarantee coordination and high productivity.
- Information Technology: With businesses and technology becoming increasingly intertwined, the scope for this concentration has intensified. Keeping pace with the evolving technologies is extremely important to thrive in today’s cut-throat business environment. The specialisation focuses on creating systems (hardware, software, networks, and databases) that can be implemented to make businesses more efficient, effective, and competitive.
- Marketing: This is another specialisation that has witnessed a high influx of students. Marketing is an important component of a business. It contributes significantly to the company’s growth and profitability, by bringing in new businesses, more revenue and increasing the market share. The specialisation teaches about market research, consumer behaviour, business ethics, brand management, digital marketing, advertising and more.
- International Business: With geographical boundaries shrinking and businesses expanding their global footprint, this specialisation is becoming increasingly popular. It trains students with the knowledge and skills for the foreign markets. The stream covers areas like export-import policies, financial instruments, trade practices, procedures and documentation, logistics and supply chain management along with other aspects relevant to international business.
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Careers after MBA
An MBA is a versatile degree that can be a stepping stone to diverse career avenues. The skill set and the knowledge acquired through the program helps prepare for a financially rewarding career across the business spectrum, right from the domestic circuit to the global stage. In other words, MBAs can fit into any industry. Sectors like finance, technology, government, non-profits, technology, administration, health and many more can benefit from their business competency. Here are some job profiles that open up for candidates on the completion of the professional course.
- Investment Banker
- Venture Capitalist
- General Manager
- Operations Research Analyst
- Marketing Manager
- Financial Assistant
- Marketing Research Analyst
- HR Manager
- Data Analyst
- Public Relations Officer
- Accountant
Other than these, an MBA holder can teach in a premier institution, mentor students for entrance exams, open up a consultancy or create an entrepreneurial venture. As you can see there are tons of attractive career options out there for an MBA pass-out. No matter what position you pursue, it’s important to follow your passion and not the herd.
Conclusion
“If you don’t have a competitive advantage, don’t compete.”– Jack Welsh. This quote by the legendary CEO of General Electric is so apt for MBA. The three letters add value and a distinctive edge to the resume which is perhaps the reason aspirants pursue the program. It’s important to remember that in today’s corporate world only those who have the X-factor in terms of knowledge, experience, and multi-vertical skills succeed professionally. A degree in management from a reputed MBA colleges provides all this and more, courtesy an eminent faculty, state-of-the-art infrastructure, dynamic curriculum and a strong network of alumni.
Here’s wishing you a successful career ahead!
Meanwhile you can also check our list of Top MBA Colleges in other cities:
MBA Colleges In Delhi| MBA Colleges in Mumbai| MBA Colleges In Chennai| MBA Colleges In Hyderabad | MBA Colleges In Bangalore| MBA Colleges In Kolkata | MBA Colleges In Agra| MBA Colleges In Aurangabad| MBA Colleges In Surat| MBA Colleges In Pune| MBA Colleges In Ludhiana| MBA Colleges In Lucknow| MBA Colleges In Kanpur| MBA Colleges In Jaipur| MBA Colleges In Coimbatore| MBA Colleges In Chandigarh| MBA Colleges In Bhopal| MBA Colleges In Indore| MBA Colleges In Ahmedabad| MBA Colleges In Guwahati |MBA Colleges In Gandhinagar
Also you can check out our list of Top CAT Coaching Institutes in your city:
CAT Coaching in Delhi | CAT Coaching in Mumbai | CAT Coaching in Chennai | CAT Coaching in Hyderabad | CAT Coaching in Bangalore | CAT Coaching in Kolkata | CAT Coaching in Coimbatore | CAT Coaching in Trivandrum | CAT Coaching in Dehradun | CAT Coaching in Raipur | CAT Coaching in Ahmedabad | CAT Coaching in Nagpur | CAT Coaching in Bhubaneswar | CAT Coaching in Vijayawada | CAT Coaching in Pune | CAT Coaching in Allahabad | CAT Coaching in Patna | CAT Coaching in Kanpur | CAT Coaching in Bhopal | CAT Coaching in Indore | CAT Coaching in Jaipur | CAT Coaching in Chandigarh