Executive MBA!

Post liberalisation and globalisation the economic scenario of india have witnessed a dramatic uphavel.Market is now driven by the buyers, what it used to be the sellers kingdom.People did'nt have options to choose, so no question of bargaining in terms of quality.

Now,Industries have also customised themselves according to the needs of the customer.Customers are the king now and they are tapping the benefits of fears competition between the industries.

organisations now have started hiring people of diverse back grounds and upgrading the skills of the existing people. So,here the need of executive MBA is felt across the organisation and the people who ,till now, were focussing on individual performance rather than a bigger perpective towards the organisation have changed there mindset.

Universities have also overhauled their curricula and introduced new courses according to the needs felt by the corporatons, disaster management,risk analysis,theory of constraint,merger and acquisitions etc are some examples.

The value of executive MBA degrees are more or less same as that of full time MBA degree and they are also placed above 10 lcs per annum category,given there experience.

Almost all the MBA institutes including coveted IIMs have opened their doors for executive MBA courses and all the leading organisations are sending there top brass for skill upgradation.

One more reason that could be attributed to this fact is, crporations can't afford to send their people for complete two years program,moreover,between this oneyear of executive program they spend cosiderable time in their organisations.

MBA! The New BUZZ Word

Have u ever wondered why people are running after getting an MBA degree? i do,and there can be plethora of reason of doing so.Obviously,the first and the formost thing is money which is the biggest motivating factor and the lifestyle which comes attached with it.

Indian economy is rocketing thanks to liberalisation and globalisation, the interdependency between the countries has been increased many fold where everyone is dependent on eachother in either ways.So,there has always been a pausity of good managers who are able to cope the challenges the oraganisations are facing now and then.

We are witnessing the number of MBA institutes increasing by leaps and bounds,although, compromising the quality, yet able to attract considerable number of student intakes.

Today a graduation or engineering degree is considered incomplete without an MBA, like a MBBS without MD.

People of good mba institutes are making bucks and getting plum posting either domestic ar abroad,however,the students from lower rung institutes still have to go very far and this can be attributed to the fact that there is faculty crunch in these institutes.

Apart from IIMs and some other A rated institutes we are lacking in no. of good institutes unlike in developed countries where in every university there is faculty of management and not only for showcasing but equipped with every facility.

We don't have a proper policy for mba education,morover,it is still in the clutches of politicians.Eery now and then we hear a senseless feuds either over the recruitment of director , providing quota for the OBC or fee hike, there seems to be no stopping,whosoever thinks they just put a nonsense idea behind it and ultimately students suffer.