MBA stands for Master of Business Administration. For more than two decades, MBA has been considered the most chosen post-graduation programme among youth who consider the management field a career. It gives a student the fundamental management knowledge to get a holistic view of businesses across various marketing, finance, and accounting sectors. In this course, students are given managerial training to be aware of different issues and shortcomings they might face in a venture and plan according to and around it, all while gaining optimum leadership qualities. MBA is a very fluid type of stream and course which equips students with the knowledge of in-depth business and management ideas for the smooth functioning of an organisation.
Practical Training and Industry Exposure provided in MBA Course
The MBA course caters to many masses with its extensively practical and theoretical curriculum. Within the MBA course are specialisations, whose curriculum and subjects focus more on the particular industry the said specialised course is made for. There is an MBA specialisation for every different type of individual with different talents, interests, visions and ideas. Practical training in today's day and age, in this era of business and corporate world, where the competition is cutthroat, and every organisation has to stay on top. Management Institutes need to equip their students with the measures and skills to be at the forefront of the corporate world. This includes various Seminars, Guest Lectures, Expert Lectures, Industrial Visits and fun little activities and workshops for the best holistic development of students' overall growth. This is why an individual must do their Management (BBA & MBA) courses at the Best Management Institutes in India.
Benefits of Industry Exposure in MBA Course
The benefits of practical and industry training and exposure to an MBA student are plenty. It shapes young minds to be aware and active about the situations they might face when they step into the real world. Many organisations need these skills in a student, making them competent in the highly competitive management scenario. The practical and industrial exposure at the university level will also help the student get good placements at the top companies for managerial positions in the industry. Leading companies are always looking to build a strong Management department for their company.
A few of the benefits include –
Confidence Building: This evokes a sense of understanding within the students, which helps them to be confident going to work for organisations and getting exposed to new work
Networking: MBA and other management courses are all about getting good contacts and building proper relations. One is nothing without appropriate contacts who can help them out at later times when needed. Good relations are a significant part of good management. Industry exposure allows a young student to meet new people and build networks.
Strengthening of Foundation-
Having a clear base of things before you head on to accept newer challenges is necessary. This promotes inter and intra-personal growth. Without the basic knowledge of the industry you are about to join, you are doomed. Thus, industry exposures are extremely important for a student's growth and foundational education.
With practical exposure, a management student gets a clear peek into the workings and undertakings of the management position in a company or an organisation. Industry visits prove to be a great source of gaining knowledge that theoretical and textbook knowledge gained within the concealment of four walls cannot. It provides society with industry-ready students. Industry expert seminars and guest lectures are also vital for a student's upbringing and growth in the industry, as an in-person interaction where all their doubts are cleared is always the best. In this era of the business world, employees do not just look at the mark sheets and scores. They need personality and social skills within an employee that can and will, in turn, thrust the organisation or company ahead of its competition, which is run by networking and contacts. A student is required to have excellent communication and managerial skills. Practical and industry exposure enables one to sharpen up these said skills.
Along with the benefits of foundational knowledge and skill-building, MBA offers many different specialisations in Marketing, Human Resources, Finance, Information Technology, Operation Management, Aviation Management and Healthcare & Hospital Management. Thus, the scope for students to gain industrial knowledge for all these different industries, whichever field they intend to go to, is extremely important.
One should consider where they want to be in 5 years from now, the position and the field they wish to be a part of when choosing which specialisation they want to join. One should consider their talents and skills, how to apply them, and the career options available for them before deciding this.
Syllabus and Eligibility for MBA Course
Graduation in any stream with a minimum 50 per cent passing score (with a valid CAT/MAT/CMAT/Indus –MAT scores) can apply for the MBA Program.
The syllabus for MBA covers many different core subjects, including Business Law, Macroeconomics, Microeconomics, Operations Management, Quantitative Methods and Statistics, Marketing Management, Project Management, Business Communication and Soft Skills, Principles of Accounting, Strategic Management, Financial Modelling, Corporate Governance and Business Ethics, Corporate Finance, Tools and Framework of Decision Making, Principles of Marketing Management, Organizational Behaviour, Business Intelligence, Managerial Economics, Supply Chain Management, Financial Modelling, Project Management and Marketing Research.
Established in 2015, the Indus Institute of Management Studies (IIMS) continuously expands to grow students for corporate life ahead. We provide suitable courses that build a student into a confident & future-ready for the corporate world. Indus has been providing the MBA programme since 2007. Besides that, the management institute also offers BBA, a five-year Dual Degree programme (BBA+MBA), four years Integrated MBA and a three-year B.Com (Hons).
Placements and Training by Indus
Indus does not limit students' growth to academics only. We equip students with the following projects & programs to develop corporate requirements:
Summer internship programme
Comprehensive capstone projects to provide hands-on experience
Industrial visits to eminent companies at regular intervals
Celebrated guest speakers are invited to deliver expert talks.
The faculties at Indus are encouraged to engage in research, consulting, and sponsored research. We also conduct faculty development programmes for their growth & engagement with the latest teaching techniques.
Find out more about the placements and top companies that visit Indus University to give students placement opportunities here.