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M for Management

An MBA is the most coveted degree across the world. It opens the doors to many opportunities in management across various sectors

 

It’s no more just about finance, banking and Human Resources. MBA education has spread its wings and has entered sectors that 20 years back, people would not have imagined possible. As for Bangalore, the clamour for an MBA is only getting bigger. Bangalore was the second largest group of candidates (9 per cent) who took the Common Admission Test this year (after Delhi). In 2010, the number of students from Karnataka was 13,499. This year, it is 18,000. The increase is attributed to IT professionals who wish to possess a management degree, and to the increasing number of colleges.

 

According to a white paper on MBA admission trends released by the All Indian Management Association (AIMA), the main reasons for students taking up an MBA course are to “get an increase in salary, to open new career and to extend personal networks.” And the time to realize this could not be more opportune. Says Surekha Shetty, Chief Admissions Officer, Alliance University. “The changes which are taking place in the economy and the kind of opportunities being created in the country show definite scope for various management courses to be launched in B-schools.”

 

When the cabinet approved 100 per cent FDI in single brand chains and 51 per cent in multiple brands, one sector had reason to rejoice: the MBA education space. With Bangalore having one of the fastest growing metropolitan populations in India, experts predict a boom in the retail sector and a huge increase in job opportunities for managers. In addition, there are opportunities in media and communication management, as well as a focus on entrepreneurship. Plus, with Bangalore’s ambitious projects including the metro rail, signal free corridors and express highways on a roll, infrastructure management is growing in giant leaps.

 

All this shows that whatever the field, the time is just right for anyone aspiring to do an MBA, and that there are a number of opportunities open after an MBA. While the time is right, the same can be said for the place, too. Bangalore is an pursue management studies. Apart from other sectors, what given Bangalore the edge is the fact that Bangalore is home to so many IT companies. What also helps is the famed Bangalore weather which adds to the quality of life, and the cosmopolitan culture of the city which welcomes everyone. 

Posted on 01 Dec 2011