A degree in MBA is one of the most sought-after degrees today. In a world that
is rapidly expanding and becoming more and more complex, multinational
corporations and organizations big and small seek good managers who have
leadership qualities, a good understanding of human nature, marketing skills,
the aptitude to handle finances and the ability to successfully manage and
organize events, projects, assignments as well as day-to-day activities in an
office.
A good MBA program focusses on honing these skills in their carefully selected candidates.
Most business schools have a certain set of parameters that a future manager
must fulfil—first and foremost there is the written exam generally focussing on
testing quantitative ability, verbal skills (grasp over the English language),
logical reasoning and data interpretation. Some exams also focus on general
knowledge. This is followed by a second cycle of hurdles which a student must
cross. These include participation in a group discussion or sometimes a written
essay-based test followed by a personal interview. Through these a student’s
confidence, focus, merit, honesty, capability to judge a situation quickly and
reach a conclusion wisely, capacity to think on the spur of the moment and react to it resourcefully and so on are successfully
tested.
MBA in finance- This includes focussing on sound financial management for a company,
understanding the global markets, having a good knowledge of micro- and
macroeconomics and so on.
MBA in accounting- This degree is for corporate finance,
treasury, investment banking, trading, equity and so on.
MBA in marketing- MBA in marketing is
concerned with efficient marketing techniques and strategies; grasping a creative
understanding of the factors that come into play during the creation good
marketing plans.
MBA in HR- Human resource MBA is
all about managing and maintaining the people in a corporation. Organizations
both large and small need to make sure that the people working in them are
well-connected, satisfied, productive, efficient, healthy and happy. HR
management is all about that.