Top MBA programs offered by reputed business schools and universities are among the most sought after qualifications today. It's not just about the education, though. The qualification opens doors and gives an edge to candidates looking to climb up the corporate ladder.
But choosing a top MBA program isn't so easy, given the large number of applicants and many choices involved. For starters, this is a costly affair by any standard and needs a well funded student with access to loans and scholarships. If that's not on the cards, there are other ways, detailed further below.
It's better to start with an explanation the basic decisions. This means choosing the right institution, specialization and duration of the course. The institution has to be chosen based not just on its reputation, but also its location and the overall expenses for the entire course and on an annual basis.
Most business schools and universities offer all the popular tracks. So a student's preferred specialization shouldn't be much of an issue when choosing the institution. But generally speaking, it is an important consideration and must match the student's aptitude, prior qualifications and background.
What this means is that the candidate needs to make a choice from amongst management divisions in an enterprise, like Finance, Accounting, Logistics, Operations, Project management or HR. The choices also include industry sectors like hospitality & tourism, health care, etc. The third important consideration is the length of the course and how it is completed.
A well funded student with no time constraints may prefer to apply for a full-time 2-year top MBA program. On the other hand, those with jobs who cannot devote all their time and resources on the course may prefer a 1-year, part-time or online course. Many of these are among the reputed top MBA programs too, but a lot cheaper than a full-time, 2-year course with campus expenses.
But choosing a top MBA program isn't so easy, given the large number of applicants and many choices involved. For starters, this is a costly affair by any standard and needs a well funded student with access to loans and scholarships. If that's not on the cards, there are other ways, detailed further below.
It's better to start with an explanation the basic decisions. This means choosing the right institution, specialization and duration of the course. The institution has to be chosen based not just on its reputation, but also its location and the overall expenses for the entire course and on an annual basis.
Most business schools and universities offer all the popular tracks. So a student's preferred specialization shouldn't be much of an issue when choosing the institution. But generally speaking, it is an important consideration and must match the student's aptitude, prior qualifications and background.
What this means is that the candidate needs to make a choice from amongst management divisions in an enterprise, like Finance, Accounting, Logistics, Operations, Project management or HR. The choices also include industry sectors like hospitality & tourism, health care, etc. The third important consideration is the length of the course and how it is completed.
A well funded student with no time constraints may prefer to apply for a full-time 2-year top MBA program. On the other hand, those with jobs who cannot devote all their time and resources on the course may prefer a 1-year, part-time or online course. Many of these are among the reputed top MBA programs too, but a lot cheaper than a full-time, 2-year course with campus expenses.
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