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Factors Leading To Growing Interest For MBA Among Indian Students

Factors Leading To Growing Interest For MBA Among Indian Students

<p style&equals;"text-align&colon; justify&semi;">People often associate good designations with prestige&comma; status and power&period; The journey from the bottom of the food chain to the top is often slow and painful&period; There are several factors that have resulted in the growing interest for MBA among Indian students&period;<&sol;p>&NewLine;<ul style&equals;"text-align&colon; justify&semi;">&NewLine;<li><strong>Career<&sol;strong>&colon; Many employees start feeling stagnant in their jobs&period; Over the years&comma; for many&comma; the job profile does not change and their day-to-day routines become monotonous and mechanical&period; There is a lack of variety in what they do&comma; with little possibility of any substantial change in their job profiles in the near term &lpar;or even in the long term&rpar;&period; An MBA degree can change that&period;<&sol;li>&NewLine;<li>For people in operational or support roles and especially for those in the junior or mid-level roles&comma; there may be a feeling that their roles lack real responsibility as they are unable to be part of critical decision-making processes within the organization&period; The top-brass within the firm takes the decisions that are followed by the line staff without any questions&period; Again&comma; an MBA degree could help them change their career profile and the easiest way to enter a B-school is to score well in MBA entrance exams such as XAT&comma; CAT&comma; NMAT or other college specific exams&period; In addition to a vertical jump in their current designations&comma; an MBA degree can often lead to a change of function&comma; industry or geography &lpar;or all three&rpar;&period;<&sol;li>&NewLine;<li><strong>Change of function&colon;<&sol;strong> An Information Technology &lpar;IT&rpar; support engineer may want to move into a software development role&period; An accountant from the audit team may find the frequent travel exhausting and try for a role in the treasury department in corporate finance&period; An operations guy working in commissioning of heavy engineering equipment may want to move into a commercial role&period;<&sol;li>&NewLine;<li><strong>Change of industry&colon; <&sol;strong>The high-flying management consultant hoping for a better work-life balance may want to move into a regular industry role within a manufacturing firm&period; The store manager working in the retail industry could look at the real estate market&period; The research analyst in the credit department of a multinational company may try to enter the investment banking industry&period;<&sol;li>&NewLine;<li><strong>Change of geography&colon; <&sol;strong>Quite a few professionals from India get a chance to work on international projects for time periods varying from a few months to several years&period; In the good old days&comma; the IT industry used to provide plenty of such opportunities&period; Many of these folks deputed onsite would never return&period; The land of opportunity provided options too tempting to resist&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Apart from these factors&comma; knowledge&comma; money and network also play an important role in influencing working professionals or freshers to take up an MBA programme&period;<&sol;p>&NewLine;

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