Top MBA Colleges in India - The Breeding Ground For World Class Professionals

India has obtained a special place in the world map as far as imparting managerial education and nurturing industry-ready professionals are concerned. MBA which is the contraction for Master in Business Administration is the most sought-after course in India as well as abroad. This 2-year course is generally pursued after graduation. Luckily, students in this country have access to some of the top MBA programs in the world. These programs are offered by renowned institutes like IIMs, XLRI, FMS-Delhi, MDI, etc.

The need for world-class managers is always felt by various industries like IT, automobile, hospitality, insurance, FMCG and many more. To fulfill this growing need for efficient managers, many management institutes are coming up in various parts of the country. However, Indian Institute of Management or IIMs are the top MBA colleges in India with excellent track record since their inception.

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The youth in India is frequently opting for MBA after completing their graduation as the course offers plenty of growth opportunities for them. It certainly assists them in climbing up the corporate ladder quickly. As effective management is turning out to be an integral part of any business, the demand for MBA professionals is increasing day by day.

The scope of MBA is very wide-ranging in comparison to any other courses. A management graduate always has the opportunity to work in any sector of his preference. The pay packages are always attractive and include allowances and other emoluments to increase the standard of living. Graduates passing out from top MBA colleges in India have occupied high positions in many corporate houses. Besides building careers in the corporate sector, one can become an entrepreneur, or work in co-operatives and NGOs as the options are simply unlimited.

An Overview of CAT / MBA Admission Test

Various MBA and post-graduate diploma in management or PGDM courses are designed in such a manner that they instill multi-dimensional and multi-tasking capabilities in the graduates, thereby making them least affected by recession of economy or changes in business environment. For instance, a MBA professional with finance specialization does not inevitably feel the heat when the finance sector experiences stagnation. He can always maintain his career growth by getting into the marketing of the financial services (e.g. marketing of insurance products).

The top MBA or PGDM institutes in India offer specialization in subjects like finance, human resources, marketing, operation, banking and insurance, international business, and IT and systems. Specialization in niche fields such as hospitality management, event management and fashion technology are also available.

TRANSACTIONAL ANALYSIS – Revealing Life through a New Perspective

There are total 8 IIMs in cities like Ahmedabad, Bangalore, Kolkata, Lucknow, Kozhikode, Indore, Shillong, and Ranchi. The admission into its top Post Graduate Program in Management (PGP) programs is conducted through Common Admission Test (CAT). The list of employers includes HSBC, Larsen & Toubro, Proctor & Gamble, Tata, ICICI bank and Deutsche Bank.

Founded in 1949, Xavier Labour Research Institute (XLRI), Jamshedpur is well-known for its two-year post graduate diploma in business administration and two-year post graduate diploma in personnel management and industrial relations. It selects candidates for its programs through the all-India entrance exam known as XAT.

The salary of MBA graduates is dependent upon the reputation and credibility of their business schools. Students from IIMs are always known for getting the best salary packages all over the country. Business schools like XLRI-Jamshedpur, FMS-Delhi and S P Jain-Mumbai are also not far behind. As per the placement records of 2010, there is an average 25 percent increase in average domestic salaries across top MBA colleges in India. For example, IIM-Calcutta has recorded an average salary of Rs. 15 lakh for the year 2010. Many other business schools have also similar encouraging news related to salary. Numerous global blue chip companies like Mckinsey & Co, The Boston Consulting Group, Bain and Company, etc. have hired graduates form these institutes.

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A Small Analysis of the Role of MBA Coaching Institute by Alex Watson

The Graduate Management Admission Test, more famous in its acronym form GMAT is one of the most popular entrance tests for getting admitted in over the prestigious B schools and institutions of about eighty three nations with 1500 courses to select from. The GMAT score remains valid for five years. As GMAT provides greater deal of career options, the popularity of this entrance exam is noticing a sharp rise among people of all over the world. As GMAT has turned into a computer adaptive exam, a candidate must be well aware of the use of machine with ease. A person needs to have a planned and strategic approach in order to reach the desired goal for a great GMAT score.

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There are different modes of preparation for GMAT these days like regular course, evening course, weekend course and of course online courses. A student must understand that joining a MBA coaching institute may be beneficial in terms of preparation, but everything must be done on the personal level. The classes can help a person in attending the required goal from different angles. Clearing the fundamentals of the subjects should be first and foremost goal of the candidates. This step acts as the foundation of the later steps of the preparation.

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Be it an online regular GMAT entrance preparation course or a part time, a person must be well aware of the whole syllabus and question pattern. Since an online GMAT course provides better deal of time for doing preparation, it is always needed for a student to consider the importance of the both online GMAT preparation and regular GMAT coaching. A student must select the module which is helpful for the particular case. When the discussion is about GMAT, it is a fact that study materials for GMAT play an essential role for the preparation of GMAT syllabus. The study materials provided by the GMAT coaching institutes can be of much help only if the fundamental ideas are clear to a student. Apart from the tuition materials, a student must get some extremely necessary study materials required for clearing different ideas and notions of the subjects necessary for the test.

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In the analytical writing part, the candidate requires to put up two essay type answers within the limited a time period of half an hour each. The answer must be equipped with valid instances and logic rather than personal opinion. A particular period of time should be set up for practicing math and other problems when it comes to quaint and reasoning. Since the provided time period is extremely short, it is necessary for a person to learn different short cut techniques in order to finish the problems within this limited time. The teachers of a MBA coaching institute can help a person to a great degree in this matter. GMAT English section is quite tough since the language skill of a student is tested as a potential student of a global B school. With diligence and regular study, it is possible to get into a great B school through GMAT.

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About the Author - A student must understand that joining a MBA coaching institute may be beneficial in terms of preparation, but everything must be done on the personal level. Since an online GMAT course provides better deal of time for doing preparation, it is always needed for a student to consider the importance of the both online GMAT preparation and regular GMAT coaching.

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The Network of Transactions

According to Berne, Making the most of our previous experiences to build on our Adult Ego State enables us to integrate the good characteristics of our Parent and Child ego-states. The spontaneous and intimate nature of our Adult ego state facilitates an experience of life that is rooted to reality and it also helps us to utilize our experiences to re-invent ourselves from time to time.

Also Read: TRANSACTIONAL ANALYSIS – Revealing Life through a New Perspective

From Berne’s perspective, a transaction is simply the building block of interaction with society which is comprised of a cause and effect scenario. It is normal for transactions to occur at both the objective and subjective levels simultaneously. You can take the scenario where an individual says something very nice but actually means something very nasty. As part of transactional analysis both sides are addressed to.

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Berne elaborates vividly about the various kinds of transactions through simple illustrations. The basic transactions that Berne elaborates on include complementary transaction. A complementary transaction is the socially “correct” way to handle a scenario where the psychological balance is maintained there is a steady flow of communication.

In a situation where one party addresses an ego state that their partner is not in, the consequence is deemed to be a "crossed transaction."  This results in a breakdown in communication. Though it may sound to be a socially inappropriate transaction, it can help to cut down on unnecessarily prolonged communication that fails to yield any positive result.

There is also the "duplex" transaction. In this scenario, the social message is bundled with a cleverly hidden psychological message. To a third party, the conversation may sound to be positive and well balanced; however, there are undertones of condescending behavior and dominance which only the parties engaged can understand.

The Concept of Life Positions

According to Berne, behind these myriad transactions there exists the transactional analysis concept of “life positions.” There are four fundamental life positions based on which we perceive and expect life to unfold and these life positions have a profound influence on every transaction we perform:

1. "I'm Not OK, You're OK" (I-U+)
2. "I'm Not OK, You're Not OK" (I-U-)
3. "I'm OK, You're Not OK" (I+U-)
4. "I'm OK, You're OK" (I+U+)

Depending on perception of ourselves and others, we would tend to spend an increased or decreased amount of time in any position. From the perspective of Transactional Analysis, the objective is to lead a life in the I+U+ position and to perform from the Integrated Adult ego state, taking from our Parent and Child ego-states as deemed fit. This is done to maintain productive and healthy relationships and a clear path of communication.

Our chosen life position is the consequence of our early life events, incorporated into early life decisions, termed in Transactional Analysis as the "script". The script is the life charter that we have created for ourselves in our childhood phase. It is perceived to be the blueprint for how we perceive ourselves and how we expect life will unfold for us.

In 1976, Goulding & Goulding uncovered twelve injunctions which may be built into the Child ego state as a consequence of our early life experience.

1. Don't be (don't exist)
2. Don't be who you are (Don't Be You)
3. Don't be a child
4. Don't grow up
5. Don't make it in your life (Don't Succeed)
6. Don't do anything!
7. Don't be important
8. Don't belong
9. Don't be close
10. Don't be well (don't be sane!)
11. Don't think
12. Don't feel

To sustain ourselves regardless of our injunctions, we are more likely to use "drivers" or "working styles" to help find a way through life and to meet the requirements of others. This comprises of:

1. Be perfect
2. Be strong
3. Try hard
4. Please others
5. Hurry up

Drivers can be useful as they reinforce our skill set that we rely on in times of stress.

It is imperative that you have a clear understanding of your adopted Drivers so that you can optimize your strengths and focus on correcting your limitations; to be catalyzed by them when appropriate, rather than driven by them by default. Drivers and Scripts can be used on groups or individuals.

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About Author: I am Pradip jaiswal and working as Abroad Education Consultant. I help students for career aptitude test online at Growth Centre Online.

What Attracts Students To Pursue Post Graduate Studies?

All students opting for post graduate studies at the university usually do so because of one of the reasons mentioned below. There are various groups of students opting for post graduate studies for different reasons. Some of these reasons are practical and logical while other reasons are merely psychological crutches. Let us look at these main reasons why people opt for post graduate studies.