If business is what consumes your mind, an MBA is your calling. MBA is one of the most sought-after academic programs today across the world with prestigious B-schools in several countries like the US, Canada, France, Spain, Ireland, and Australia, among others. Top universities proffer strong infrastructural and academic benefits coupled with exceptional internships and exposure to the latest technology and practical training through projects.
Through an MBA program, students get unlimited opportunities to network with the top professionals of the country and the world.
Admission in these top-ranking business schools requires quality work experience and strong academic records along with proficiency in standardized tests such as GMAT and TOEFL. Top companies offer internships that transform students into successful entrepreneurs and business executives of the future.
A typical full-time MBA degree offers some core management courses in the first year followed by summer internships at the end of it. Depending on the area of the candidate’s interest, these can be top investment banking or corporate finance companies like Barclays, UBS, etc., or a consulting company like McKinsey. In the second year, the candidate is required to take up specializations in the field of their interest.
Open to all international students, the United States offers 1 year of Optional Practical Training period post the program where the candidate can acquire a full-time job. If the MBA degree is STEM certified (for example, specializations like Quantitative Finance, Information Systems, Business Analytics, etc. are STEM certified), then the candidate qualifies to avail a 3 year OPT period.
Canada, on the other hand, offers a work permit for three years and comes with an opportunity to apply for permanent residency for those keen on settling in the Canadian lifestyle. After all, pancakes with maple syrup for the rest of your life isn’t such a bad idea.
Although, for people who have a robust experience of over 5-7 years, advanced 1-year MBA programs are also available, especially in the US. This is because these schools understand that the opportunity cost for such professionals working at senior levels like General Manager, is very high. In such programs, the curriculum is covered in an expedited manner. Some B-schools like SC Johnson College of Business at Cornell University, Kellogg School of Management at Northwestern University, Marshall School of Business at Southern California, etc., offer such programs.
Top MBA programs give students a detailed understanding of how businesses function and how business leaders across the globe deal with the ever-changing set of circumstances and challenges of the business scenario.
MBA classrooms offer an opportunity to mingle with and bounce ideas off like-minded individuals from countries extremely diverse from your own. This mix of people will provide you good exposure to business events, cultures, values, and best practices from across the globe and this is extremely helpful when you begin your careers as a business mogul of tomorrow.
Internships, projects and other experiential learning opportunities at a premier B-school imparts strong skills to handle challenges and solve complex business situations. Moving ahead in a career, these skills help in managing adversities deftly and excel as a leader.
Most of the top business schools take pride in showcasing their alumni network. While pursuing their MBA studies at one of these schools, candidates can build relationships not only with the existing students but also with the alumni. These relationships lead to a strong network that is likely to bestow candidates with valuable business opportunities in the future.
Housing most of the top multinational organizations like Google, Facebook, BCG, Bains, McKinsey, Deloitte, Coke, Microsoft, United Technologies, and PepsiCo, the US is an apt choice for taking up an MBA course. Studying in the US will expose the candidate to closer access and a better reach to such business giants as the chances of being locally hired increase by manifold. Various investment firms have also shown a preference for students graduating from a B-school in the US while hiring for their firm.
The most prominent benefit of studying business administration is the handsome pay packages assumed to be one of the highest across the world which will prove to be a big boost to the candidate’s career in the long run.
The core of an MBA program always includes courses in finance, general management, consulting, marketing strategy, human resources, and operations management. Apart from these, there are courses in supply chain management, IT- Product Management, Entrepreneurship – Luxury Brand Management – Social Enterprise. Usually, in a 2 year full-time MBA, the candidate gets to choose a specialization or a track, which they would focus on. Some of the popular specializations include Business Analytics, Finance Leadership, IT, Entrepreneurship, etc.
Finance – If financial assets are where your interests lie and if the likes of Goldman Sachs has kept in awe for the longest time, then a specialized MBA in Finance Leadership could be a great choice. An MBA in finance can promise you a rewarding career in profiles such as investment bankers, financial analysts, and you can even see yourself as a chief financial officer in the longer run.
IT – Cross your tech skills with that of management and you discover this area of MBA in information technology (or technology management). With a degree in this domain, you get the best of both worlds, as you climb the ladder. You can see yourself as an IT consultant or manager, a business analyst or even a chief technology officer, a few to mention.
Product Management – How well can you handle the lifecycle of a product? From the genesis of the product idea to launching (and sometimes acting upon its feedback as well), product management involves a long cycle of step by step processes. From conducting research and assessing data, to developing a strategy, product management involves building and defending brands. With a specialization in product management, you can see a career in diverse roles including marketing management, brand management and consulting.
General Management – Step into this popular domain of business administration that deals with management skills and perspectives applied throughout a wide range of industries be it human resource of UX designing. Future post the completion of this degree is paramount including management or policy-making positions in industries.
Consulting – If solving complex problems and providing solutions is what you master in, amongst your peers, how about converting that talent into some real business? Management consulting deals with providing business advice and professional services by experts that specialize in finding solutions to complex business problems.
Pursuing MBA programs opens up a whole new window of opportunities post the completion of an MBA for international students.
A plethora of options lies once a degree in MBA is obtained. As discussed, the much know areas which open to expecting candidates post-MBA are technology, sales and marketing, consulting, operations, and finance. These domains offer jobs for roles in project management, analytics, strategy consulting, operations management, venture capital, among others. Having said all of this, venturing into the world of startups will be a testimony to one’s entrepreneurial skills should they decide to do so.
“The future belongs to those who believe in the beauty of their dreams,” said Eleanor Roosevelt. If you believe your dreams fall into the realm of possibility under the sunlight, make it happen (and well, give us a heads up when you do that for us to be a part of your celebration).
MBA is a tough job, don’t take the added burden of decoding university fitment, optimization of your test scores, taking into consideration the specializations offered, selection of core subjects that align with your interests, essay writing, visa and pre-departure hassles et cetera. You get the gist. Let the experts (yes, our students have been successfully placed in Ivy Leagues/top Universities and yes we do love to brag about it occasionally) handle it all for you at EdElevate.
EdElevate, an overseas education consultant in Delhi/NCR region, provides counseling and guidance to students who wish to pursue an MBA. MBA programs are designed for graduates from all backgrounds and they provide an in-depth study opportunity of all functional areas of management. MBA gives you a specialized focus, thus sharpening your skills and career prospects.
EdElevate helps and guides the students who are applying for MBA programs across the globe. From Statement of purpose to transcripts, resume, letters of recommendation or any other requirement, our expert career counselors are there to help you make a smooth transition into your dream course.
Some of the most prestigious colleges around the world are:
As MBA Consultants in Delhi, EdElevate provides great insight into the admission process of a particular university or MBA program to students. EdElevate takes immense pride in being known as one of the best MBA overseas admission consultants in Delhi. Our students have taken admission to some of the most prominent and legendary business schools abroad such as Kellogg Business School, Carnegie Mellon, Rotman, Schulich, Yale, ISB, Harvard and Wharton School of Business. At EdElevate, we lay down all the options in front of the students and show them all the perspectives while keeping their best interests in mind.
After all, we all live only once, but if we live it right, once is enough!