MBA Course Details - Get the Inside Scoop on the Program

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Blog / June 20, 2024



So, you have set your eyes on an MBA - a desired credential curated to excel in your career and reach new heights. However, with myriads of programs available, steering the application process can feel exceptionally daunting. Fret not; a Master in Business Administration (MBA) offers a holistic education, entrusting you with the skills required to prosper in multiple sectors. Irrespective of whether you aim to get some notches up in your organization or are looking to switch career paths or establish your own venture, an MBA can be an invaluable asset. In this article, we will give you some “inside scoop”: what the future of an MBA is, its course structure, specializations, etc.

 

Source: https://www.moneylogue.com/

 

The Future

According to data from the National Center for Education Statistics, in 2020-2021, roughly 23% of all the master’s degrees conferred in the U.S. were advanced degrees in business — a higher percentage than any other academic discipline area.

An MBA increased the salary by, on an average, US$ 109,159, according to the U.S. News and World Report, which calculated the average base salary from the 124 ranked full-time MBA programs that provided data for 2023. In addition, 108 schools reported signing bonuses averaging US$ 22,7761.

MBA Course Structure

An MBA course structure offers a curriculum blending core business domains, specialization, and experiential learning opportunities. Nonetheless, the details of the MBA course can vary significantly. Below is the breakdown of key elements to contemplate:

Core Area

Subjects

Description

Accounting and Finance

Financial Accounting

  • Managerial Accounting
  • Corporate Finance
  • Understanding financial statements and the financial health of organizations. 
  • Using accounting information for internal decision-making.
  • Principles of financial management and capital structure.

Marketing

Marketing Management 

  • Consumer Behavior 
  • Digital Marketing
  • Strategies for market analysis, product development, and promotion.
  • Understanding how and why consumers make purchasing decisions.
  • Leveraging digital channels for marketing strategies.

Operations Management

Supply Chain Management 

  • Production Management
  • Quality Management
  • Managing the flow of goods and services. Techniques for efficient production processes. 
  • Ensuring products and services meet quality standards.

Human Resources Management

Organizational Behavior 

  • Talent Management 
  • Labor Relations
  • Studying how individuals and groups interact within organizations.
  • Strategies for recruiting, retaining, and developing employees.
  • Managing relationships between management and employees.

Strategic Management

Business Strategy 

  • Corporate Governance
  • Entrepreneurship
  • Formulating and implementing business strategies to achieve competitive advantage.
  • Understanding the frameworks and processes for directing and controlling companies. 
  • Starting and managing new ventures.

 

Program Formats

MBA programs come in various formats to accommodate different schedules and career stages:

MBA Program

Features

Description

Full-Time MBA
  • Immersive experience with a focus on internships and networking.
  • Ideal for recent graduates or those looking to switch careers.

Typically a two-year program.

Part-Time MBA
  • Classes held during evenings or weekends.
  • Can be completed in 2-4 years depending on the pace.

Designed for working professionals.

Executive MBA (EMBA)
  • Intensive program with a focus on leadership and strategic management. 
  • Often completed in 1-2 years.

Tailored for experienced professionals and executives.

Online MBA
  • Allows students to balance work, study, and personal commitments.
  • Can be completed in 1-3 years.

Flexible format for remote learning.

 

Maximize Your Career Opportunities with an MBA at Shiv Nadar University (Institution of Eminence)

Shiv Nadar University, established by HCL Technologies’ Co-Founder and Philanthropist Shiv Nadar, offers numerous MBA programs to nurture individuals into well-versed professionals distinguished by global adaptability, ethical consciousness, and compassion. Under the School of Management and Entrepreneurship, these brilliant minds are prepared to take managerial roles in top-notch organizations. The MBA’s meticulously crafted curricula aim to load students with in-depth knowledge, technological skills, fundamental leadership principles, and a professional demeanor promoting resilience in the current complex and competitive business environments.

The Specializations

  • Finance
  • Marketing
  • Healthcare Management
  • Strategy and General Management
  • Operations & Decision Science and
  • Business Analytics 

MBA Admission Requirements 

A minimum of 50% aggregate marks in a Bachelor’s Degree or similar (final year student can also apply)* A valid scorecard from any one of the entrance exams like GMAT/GRE (2020-24) or CAT (2020-23) or XAT/NMAT/GATE (2021-24) score only. 

To Wrap It Up  

An MBA program offers a holistic education in Business Management and opens up a broader range of career opportunities. Whether you are a fresh graduate, a working professional looking to enhance your marketing skills or an experienced executive, an MBA program always has something to offer to help you achieve your goals. By comprehending the core curriculum, specializations, and different program formats, making an informed decision would be easy. Always remember that an MBA is a significant investment in your future, particularly to excel in the competitive business world.

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