Importance of MBA in Systems

Twenty years ago, MBA programs helped to understand and appreciate better the statistical techniques to measure and control the quality of manufactured products and services. This contributed, in turn, to extend quality management programs for classes ranging from power generation to medical care.

Survival as a manger in today's techno-savvy work environment depends largely on your ability to innovate - and technology provides tremendous opportunities to innovate and oneself from the crowd. The technological order of today calls for a change in the way Education is imparted.

Roles like business analysts, pre-sales managers, consultants and even service delivery heads in various end-user service industries typically require MBAs with the desired functional specialization PLUS a good knowledge of IT. This is apart from the roles that are available in any IT Function of an organization.

Even during economic downturn, Job growth and opportunity is projected to be quite good in IS, as businesses become increasingly reliant of the technologies they use to manage people, information and products.
Since the 1980s, training programs in business disciplines have placed increasing emphasis on the use of information systems managers in the corporate environment.

Initially, the courses focused on technology applications specific to a mainframe environment, but then evolved into the settings client / server to the existing local area networks (LAN) and wide area (WAN) and planning systems planning (ERP i.e. enterprise resource planning).

The traditional specialization associated with MBA in information system and Masters in Business Administration (MBA), including finance, administration, accounting and marketing, has gradually expanded its scope to cover "hot" issues of today, from running a business in an intercultural environment to use advanced technologies to create successful global brands.

Of course, the Internet is receiving increased attention in the curricula of upper management. Who considers a management information system as a system that provides managers at all levels and all functions, information from all relevant sources that are necessary to the manager to take timely and effective decisions in planning, direction and control of the activities for Which they are responsible.

MBA in Systems

A specialization in Systems is concerned with the integration of business processes with technology. The Technical know how of with business processes is the main purpose of the MBA in Systems Specialization.

One of the major beneficial consequence is that after spending two years of your MBA majoring in Systems, options available will be MNC firms like Accenture, IBM, Cap Gemini Ernst & Young etc. Alternatively, if you are placed with IT firms like Infosys, Wipro, TCS etc. the initial phase would involve IT training along with more qualified B. Tech, M. Tech grads, which will be an enhancing one's over all professional personality.

Few colleges which provide MBA in Systems are:

1. Indian Institute of Management Calcutta - IIM Calcutta

2. IIT KANPUR

3. IIM Lucknow

4. Great Lakes Institute of Management

5. Indian Institute of Social Welfare & Business

6. Shailesh J Mehta School of Management ,IIT Bombay

7. Punjab College of Technical Education

8. School of Management

9. M P Birla Institute of Management

10. FORE School of Management

11. Indian School of Business

Worth of Master of Business Administration

Regardless of your reasons, if you are contemplating attending graduate school to obtain your MBA, you should read this article before you make your final decision. This article will take you through all the important issues you need to contemplate before making your decision of whether -- and when -- to obtain your MBA.

It's a Master of Business Administration degree, granted after one to two years of graduate-level university study that provides training in the theory and practice of business management. The MBA is basically a document that certifies that you have a general competency in all the major functional management

roles you'll find in the modern corporation. An MBA is a career accelerator across a number of industries and MBA graduates can usually command higher salaries.

Ideal Time to Get MBA:

Obvious answer is to enroll at a point in your career when the MBA is necessary to take your career to the next level, but the choice is never that simple.

For the college undergrad, the biggest question you need to ask yourself is why -- why are you interested in going straight through and getting your MBA right after your bachelor's degree? The top-ranked programs will not even admit you if you don't have at least several years of experience, and a freshly minted MBA with little or no job experience is often in a much tougher job hunt than a recent college grad with little or no job experience.

For the job-seeker, the question about getting your MBA involves how as much as when. Will you keep working while earning your MBA in a part-time program or do you have the financial resources to quit your job and return to school full-time? Will your current employer help finance your MBA? Do you need the MBA as part of a career change -- and if so, how are you going to do it?

Finally, there is the question of the economy. Some people think it's a good hedge to get an MBA during an economic slowdown -- a safe haven -- rather than face the tough job market; however, when the economy is bad, even having an MBA is no guarantee of obtaining a lucrative job offer. The best advice? Talk to recruiters and MBA career placement counselors -- and read the current trends in magazines such as Business Week, Success, U.S. News and World Report.

MBA Enrollment Trends:
The number of MBA degrees conferred annually has seen explosive growth over the last few decades, going from under 5,000 MBAs in 1960 to more than 100,000 MBAs in 2000. Enrollment is also influenced by the economy, and as the economy turns toward a downturn, both recent grads and displaced workers head back to earn their MBAs.

Because of the growing number of graduate business programs that confer more and more MBA degrees, the degree itself is not as special or highly-valued as in the past. An MBA alone will not be the magic key to the door of career and job-hunting success.

Types of MBA:
One of the questions you'll need to answer is whether you are interested in a general MBA, which is often shorter in duration, or a specialized MBA, which may take longer but make you more marketable.

Regardless of the type of MBA, the core topics you'll encounter include:

  • Accounting
  • Quantitative analysis
  • Economics
  • Marketing
  • Organizational behavior

    Specialized MBAs offer more advanced study in a particular area of business (such as marketing) or a particular industry (such as higher education).

    Finally, you'll need to determine the value of the "name" of the program you are considering. If you are searching for a big push that fast tracks your career, snagging an MBA from one of the top schools in the country may be the ticket. But, if you're looking to simply get ahead and move your careers along, don't discount the many MBA programs that are unranked but that offer you the degree and value you need.

    MBA Costs -- and Returns
    According to one salary guide, an MBA is worth about $10-30,000 a year over a bachelor's degree, but the salary increase you could see may be much less -- or much more. Factors that can affect your salary include:

    • whether you stay with your current employer or seek a job with a new employer.
    • the amount of relevant experience you have for the job you are seeking.
    • the reputation of the graduate school you attended.
    • the type of job you are seeking -- and the level of supply/demand for workers.
    • the industries where you are seeking a job.
    • the location of the jobs you are seeking.

    But don't forget to factor in the costs as well, with the average cost of graduate study leading to an MBA at about $40,000. Tuition and expenses add up to about $54,000 per nine-month academic year (resulting in an investment of more than $100,000 for the full-time two-year MBA) at Wake Forest University, one of the premier MBA programs. You'll find tuition closer to $12,000 at lesser known programs with generic MBA degrees.

    What an MBA Can Do for Your Career
    If you're looking for the MBA to help you get into the executive suite, it may be just the ticket you need. According to a study, a global temporary staffing service for accounting and finance professionals, 80 percent of executives responding to the survey said that a graduate degree in business is still important to reach senior management ranks within most companies.

    And there is growing evidence that having an MBA not only gives you more leverage in dictating new job titles and salary, but also gives you leverage in achieving a better balance between work (read: fewer hours working) and life outside work.


  • Architecture of MBA Program

    Program Structure:

    The two-year MBA program consists of six terms of 12 weeks each, equally divided over the two years, and a 10-week Summer Term at the end of the first year. The program consists of a minimum of 36 courses – of which 27 are compulsory and 9 are Electives to be chosen by the student, and 4 projects (including an Internship during Summer Term).
    The total academic weightage of the program is a minimum of 120 credits. Students are required to specialize in one Concentration Area, and at least 4 Electives must be chosen from that area. Concentration Areas currently planned are Strategy & Leadership, Marketing, Finance, Operations Management, Human Resources and Information Systems.

    In addition, students are permitted to undertake a maximum of 4 Free Electives beyond the stipulated 9, chosen from any area within NIIT University (subject to course prerequisites being satisfied). The intent of this elective category is to encourage students to participate academically in the unique opportunity that a Management program located in a holistic multi-disciplinary University presents:
    • Students could use these electives to enhance their understanding of the other technology-based disciplines at NU, or to further their basic graduation discipline, or to take up the liberal arts, or for any other purpose. Students are permitted to overload their semester requirements by 1 Elective per term beginning from Term 2; they may exhaust their stipulated Electives before they can register for Free Electives.

    Admission in Top MBA College

    Admission in Top MBA Colleges in India is not easy any more:

    If you are looking for a bright, satisfying and rewarding career then Master in Business Administration (MBA) is the right option to choose. Many prestigious MBA colleges in India come up with many suitable business programs for their student to pursue every year. Here is the list of top colleges which provide quality education:
    • Indian Institute of Management, Ahemdabad
    • Indian Institute of Management, Bangalore
    • FOSTIIMA Business School, Delhi
    • Indian Institute of Management, Lucknow
    • Indian School of Business (ISB), Hyderabad
    • Faculty of Management Studies (FMS), University of Delhi
    • S.P. Jain Institute of Management and Research (SPJIMR), Mumbai
    • Symbiosis Institute of Business Management (SIBM), Pune
    • International Management Institute (IMI), Delhi
    • Institute of Management and Technology (IMT), Ghaziabad
    • Indian Institute of Foreign Trade (IIFT), Delhi
    • Mudra Institute of Communications (MICA), Ahemdabad
    • WLC College, Chandigarh
    Top MBA Colleges in India offer creative courses like Web designing, media, fashion illustration besides courses in business economics like Advertising courses, Courses in Finance, Marketing and HR.

    Choosing the best college in especially advertising courses, Courses in Finance etc. is not the only tedious part, but the most important task comes, when the student has to take entrance tests to grab his/her seat in these top most MBA colleges. All colleges have their own entrance examinations with respect to their standards. There is a written test for a student which is followed by a group discussion and then finally an interview. By clearing all of them and secures the position in his/her dream college for the most auspicious degree of his career. But taking admission in top MBA colleges India is not easy.

    So, here are some important tips for students preparing for MBA entrance examination:
    • Students can increase your reading speed, vocabulary and understanding power by reading newspapers daily.
    • Students can increase your speed for mental calculations by solving mathematical calculations mentally and without the use of calculator.
    • Students can increase your answering speed and building up of confidence by taking Mock test papers.
    • Students can join coaching centers for MBA preparation that helps in maintaining your constant touch with the syllabus and studies.
    • Students should prepare a time table to give equal importance to all the sections and do not overburden themselves.
    • Stress should be given on areas where the student is lacking behind.
    • So, students should remember these points if they really want to take admission in top Master in Business Administration colleges in India.

    MBA From IIT Madras

    MBA - IIT Madras

    Indian Institute of Technology Madras established in the year 1956. The campus is located in the city of Chennai, previously known as Madras. The MBA Programmes of the institute are designed to put emphasis on IT Management and International Business.
    Indian Institute of Technology-Madras Department of Management Studies conducts an admission process for its MBA programme.

    The department provides degrees in MBA in several functional fields and specialized areas of the industry. The MBA Programme to give practical exposure to real life problem solving through industrial training and live projects. This programme provided to only engineering graduates.

    Courses offered for IIT Madras:
    2 year full time MBA program

    Eligibility for EMBA
    The candidates must have Graduate with 5 years experience.

    Selection process for MBA
    The candidates have MBA admission to appear in Personal Interview and Group Discussion conducted by the Indian Institute of Technology Madras.

    Contact
    Department of Management Studies
    Indian Institute of Technology Madras
    Chennai 600 036

    MBA in Marketing

    MBA marketing courses are offered by a number of reputed institutions universal. MBA marketing programme offers the students with a general management perspective and brings in them to the latest conceptions and practices related to functional fields of management.

    The MBA marketing programme main purpose is imparting professional education and training in modern management techniques for handling marketing operations in a highly dynamic and competitive environment. MBA Marketing programs are as well ideal for those who like to make a career as a brand manager. Candidates with an MBA degree in marketing are sure to enjoy superior career growth in this highly competitive world.

    Careers in Marketing

    The candidates with strong financial skills could search a career in strategic or market related planning. Additional corporate positions such as sales manager, advertising manager, PR (public relations) director, and marketing communications manager are as well common. Product management careers also as brand management careers typically need that candidate have an MBA, still at the entry level. However, some companies that center intensively on sales encourage these positions internally from highly successful sales representatives.

    Programme offered

    MBA-Masters Diploma in Business Administration [Marketing]

    Course Duration
    2 years

    Eligibility:

    • The Candidates must have Graduation:
    Candidates seeking admission to the reputed B-Schools for pursuing their higher education in marketing are expected to qualify the entrance examination conducted for the selection of the candidates.
    In some of the institutes at least 60% marks is required for taking admission for MBA marketing courses.

    Here is a list of some India Institutes which are offering MBA in Marketing:
    Jamnalal Bajaj Institute of Management Studies – India
    FOSTIIMA Business School - Delhi, India
    Bharathidasan Institute of Management (BIM), Tiruchirapalli – India
    Department of Management Studies (DoMS), Indian Institute of Technology (IIT) Madras – India
    Xavier Institute of Social Sciences (XISS), Ranchi – India
    ICFAI Business School (IBS), Mumbai – India
    Bapuji Institute of Engineering & Technology – India
    Shri Ramswaroop Memorial College of Engineering and Management – India
    Guru Ghasidas University, Bilaspur, Madhya Pradesh
    National Institute Of Fashion Technology (NIFT), New Delhi

    Top 50 Business Schools In India

    TOP 50 Business Schools in India

    Top 50 B-schools
    Rank Name of the Institute City
    1. Indian Institute of Management Ahmedabad
    2. Xavier Labour Relations Inst Jamshedpur
    3. Indian Institute of Management* Lucknow
    4. Indian Institute of Management Indore
    5. National Inst of Industrial Engg Mumbai
    6. Faculty of Management Studies Delhi
    7. SP Jain Inst of Management Mumbai
    8. Xavier Institute of Management Bhubaneshwar
    9. Indian Institute of Foreign Trade Delhi
    10. Inst of management Technology Ghaziabad
    11. Management Development Inst Gurgaon
    12. Shailesh J. Mehta School of Mgmt Mumbai
    13. International Mgmt Institute Delhi
    14. Jamnalal Bajaj Inst of Mgmt* Mumbai
    15. Narsee Monjee Institute of Mgmt Mumbai
    16. Welingkar Inst of Management Mumbai
    17. Symbiosis Centre for Mgmt Pune
    18. Institute of Rural Management Anand
    19. KJ Somaiya Inst of Mgmt Mumbai
    20. Alliance Business Academy Bangalore
    21. Nirma Institute of Management Ahmedabad
    22. Goa Institute of Management Goa
    23. ICFAI Business School Hyderabad
    24. Loyola Inst of Business Admin Chennai
    25. Bharathidasan Inst of Mgmt tiruchirappalli
    26. Inst of Health Mgmt Research Jaipur
    27. Amrita School of Business Coimbatore
    28. Christ University, Inst of Mgmt Delhi
    29. Inst for Financial Management Chennai
    30. Lal Bahadur Shastri Inst of Mgmt Delhi
    31. Balaji Inst of Modern Mgmt Pune
    32. NIILM Centre for Mgmt Studies Delhi
    33. Dept of Mgmt Studies, NIT Tiruchirappalli
    34. Institute of Management Studies Ghaziabad
    35. PSG Institute of Management Coimbatore
    36. Institute of Public Enterprise Hyderabad
    37. SIES College of Mgmt Studies Mumbai
    38 Rourkela Inst of Mgmt Studies Rourkela
    39. SDM Inst for Mgmt Development Mysore
    40. Moti Lal Nehru National Institute Allahabad
    41. ITM Business School Navi Mumbai
    42. ICFAI Business School Mumbai
    43. Symbiosis Centre for Info Tech Pune
    44. Jaipuria Institute of Management Lucknow
    45. Dept of Mgmt Studies, ISMU Dhanbad
    46. Acharya Inst of Mgmt & Sciences Bangalore
    47. Regional College of Management Bhubaneshwar
    48. Vignana Jyoti Institute of Mgmt Hyderabad
    49. VIT University Vellore
    50. School of Comm & Mgmt Studies Kochi