8/14/2019 MBA and Career Advancement Prospects - 6

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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 createddemand for trained business personnel to man the management positions in the

newl created enterprises. MBAas a career choice gained acceptance therefore in abig wa. !his course succeeded in attracting the educated outh on account of fattcompensation 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 choiceand opportunities to the aspirants.

!raining adds up and supplements the practical aspect to the theoretical curriculum.

It is a "inx that combines theor and practice. It causes orientation of #B$ mindtowards actual business scenes and work atmospheres. !herefore training should not

be taken up for granted or as a formalit. If curriculums are the foundation stones,training is the cement that actuall concretizes and binds up these stones.

%areer development and advancement under #B$ depends upon number of factors.!he most important being the academic curriculum attempted b the candidate. !hisis like the foundation stone on which depend the future prospects. %are should be

taken to choose the most promising field &of business administration education' anddone should tr to get a seat in some reputed and time tested institution. $ good

counselor(s advice and media surves pa rich dividends in informing and updatingthe aspirant. #an MBA colleges in Delhi and NCRalong with the II#(s have been

ranked high in a recent surve conducted b an Indian monthl.

)inishing *chool is an academic novelt that is evolving at a fast pace. !his conceptfirst emerged in the technical space, particularl that pertaining to I! + %* sectors.

Business finishing schools( are still a nascent phenomena, but the concept is a ver

promising one as far as it has the potential of emboldening and strengthening ofcareer prospects for a business professional. )inishing school imparts necessar

orientation to the pass outs, honing their acuired skills, moreover modifing theiraptitudes and acuired knowledge of business education as according to the

reuirements of the emerging business and economic situations. It impartsdnamism to the acuired theoretical knowledge. It is the necessar polishing

activit which prepares the candidate for the ultimate task assumption.

$ctual work experience is the most prominent factor determining the career

advancement avenues of a business professional. Work experience has twodimensions -ualitative( and -uantitative(. !he former is on account of temporal

value that is the time one has spent in the business sector of choice. While thelatter is "udged b the skills aptitude so gained b an individual and is thus a

measure of individual efficienc. In the private business sector the latter &i.e.ualitative' dimension is more significant and conseuent to this, a business

professional takes up series of successful switching to produce his careeradvancement graph. !hus MBA in Indiaand elsewhere offers one of the best career

prospects matching well enough with the dreams of passionate individuals.

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