Diversification,MBA,Education, education Diversification Of MBA Education In India: Fruits For Studen


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After clearing the entrance exams for admissions into management colleges in India, candidates have the next step to seek out particular courses in which they would be taking their admissions. They can pick from a plethora of subjects, so that they continue to pursue this stream for the last 3 semesters of their management courses. This variety which is found in the MBA colleges is said to have diversified the education system in the country. While on one hand there are plenty of MBA colleges being opened in the smaller cities also, the other hand has brought in more specialisations into the courses. As a result of this diversification, students are reaping advantages as well as colleges are getting benefits. Primarily, for the students, such diversifications have become quite handy, giving them 3 important benefits. Availability of options – The very first advantage that diversification of MBA education in India is providing is the increase in options in terms of jobs for people. Industry related and job specific management is being pursued by students. This readies them for facing the challenges in a particular stream. There are MBA degree for hospital management, software enterprise management, finance management, petroleum and energy management, systems management, environmental and fashion management. These are a detour from the usual streams of sales and marketing, human resources and finance, which were the conventional streams. Although these subjects are still found in the MBA colleges, yet the newer courses are being targeted by most students. They aspire to get into companies which are having work specialisations, after gaining knowledge from specific streams. Such a trend has also been seen because of the high demand for such recruits who can handle specific responsibilities, without going for a wholesome management. This idea in the minds of corporation heads is looking at an increased recruitment of such candidates with specialisations in newer streams of management. Better pay packages – When the specialisations are done, recruits are also able to demand a better pay package from the companies in which they are working. In comparison to the conventional streams, students passing from these newer subjects are able to dictate better salaries, because companies, especially the private ones, are working more on principles of competition. If they do not hire these specialised people, then they cannot carry out their works with an edge. Shortage of generalised management jobs – Lack of jobs in the government sectors, in the business and management field are forcing students to rethink their approach. After passing MBA degrees from even reputed colleges, students are finding it difficult to get good jobs with competitive salaries. A stage had reached, a few years back, when students with such degrees were working for paltry packages. This make them go for specialised subjects and make themselves ready for being hired for their specialised knowledge. Such an endeavour paid off brilliantly and these students were recruited, even before they completed their MBA education. Specialisation in the branches of management courses is quite prevalent in the foreign universities. After completing their education from foreign universities, these students were able to get good companies to find jobs, which also affirmed the upcoming belief that better specialisations can be the alternative road to success. Many Indian universities followed suit by bringing many academicians on board and arranged the requisite logistics for convincing students to adopt these courses.

Diversification,MBA,Education,

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