MBA Program and Career Advancement Prospects as Business professional

Business administration education has been gaining much momentum in India and elsewhere in the world. With globalization taking center stage in the financial –economic planning worldwide, new business linkages and partnerships began evolving. Opening up of novel vistas of investment and business expansion created demand for trained business personnel to man the management positions in the newly created enterprises. MBA as a career choice gained acceptance therefore in a big way. This course succeeded in attracting the educated youth on account of fatty compensation packages, perks and privileges, high social esteem and above all a good deal of professional assertion for the incumbent. One of the highest campus expansions was observed therefore under this course which provided ample choice and opportunities to the aspirants.
Training adds up and supplements the practical aspect to the theoretical curriculum. It is a jinx that combines theory and practice. It causes orientation of MBA mind towards actual business scenes and work atmospheres. Therefore training should not be taken up for granted or as a formality. If curriculums are the foundation stones, training is the cement that actually concretizes and binds up these stones.

Career development and advancement under MBA depends upon number of factors. The most important being the academic curriculum attempted by the candidate. This is like the foundation stone on which depend the future prospects. Care should be taken to choose the most promising field (of business administration education) and done should try to get a seat in some reputed and time tested institution. A good counselor’s advice and media surveys pay rich dividends in informing and updating the aspirant. Many MBA colleges in Delhi and NCR along with the IIM’s have been ranked high in a recent survey conducted by an Indian monthly.

Finishing School is an academic novelty that is evolving at a fast pace. This concept first emerged in the technical space, particularly that pertaining to IT & CS sectors. Business finishing schools’ are still a nascent phenomena, but the concept is a very promising one as far as it has the potential of emboldening and strengthening of career prospects for a business professional. Finishing school imparts necessary orientation to the pass outs, honing their acquired skills, moreover modifying their aptitudes and acquired knowledge of business education as according to the requirements of the emerging business and economic situations. It imparts dynamism to the acquired theoretical knowledge. It is the necessary polishing activity which prepares the candidate for the ultimate task assumption.

Actual work experience is the most prominent factor determining the career advancement avenues of a business professional. Work experience has two dimensions – ‘qualitative’ and ‘quantitative’. The former is on account of temporal value – that is the time one has spent in the business sector of choice. While the latter is judged by the skills aptitude so gained by an individual and is thus a measure of individual efficiency. In the private business sector the latter (i.e. qualitative) dimension is more significant and consequent to this, a business professional takes up series of successful switching to produce his career advancement graph. Thus MBA in India and elsewhere offers one of the best career prospects matching well enough with the dreams of passionate individuals.