Entrepreneurship as a Career Option for MBA Students.

MBA Students dreaming about high paying big corporate jobs is now an idea of yesteryears. The mantra for today is to start-on-own. Time is just perfect for converting your idea into reality. The reasons for saying this are several. With its start-up India campaign, Government is trying to create an ecosystem supportive of innovations and start-ups. The idea behind this campaign is to realize long term sustainable economic growth and large scale employment opportunities for demographic dividends of India. This initiative, through its ‘action plan’ for implementation, has plenty of opportunities for the youngsters. Under this scheme, entrepreneurs get support starting from simplification of processes & handholding to funding & incentives. The scheme also facilitates Industry-Academia Partnership and Incubation. An Incubation center provides basic infrastructure like office space & stationary, furniture, connectivity amongst others.

The most equipped to take advantage of this scheme are students pursuing their PGDM, from good management colleges, for several reasons.

·       They have the technical knowledge of functions of business. They have theoretical understanding of the nitty-gritty of managing a venture. They also have understanding of business related rules and regulations.

·       Good PGDM Colleges have encouraging environment for entrepreneurship. The Entrepreneurship-cells or E-cells are very prevalent in colleges. These E-cells not only creates a favorable mind-set for entrepreneurship but they also resources for students to start campus companies.

·       The industry exposure during management education can help the students to identify partners, mentors and investor. Two years stint at good MBA colleges connects you to an alumni network of people who can have an impact on your set-up.

·       Apart from this management professionals also have minimum risk involve. In case their venture couldn’t do well, they have the option of joining other organizations. The social perception about starting your own venture has changed a lot. The stigma attached earlier has now converted into admiration. Companies appreciate innovative and entrepreneurial people.

All these factors should contribute to the idea of starting your own venture. So when you start your management education, have your goal clear, work towards realizing it and convert your ideas into reality.

For More  Information :- Asia-Pacific Institute of Management

Email Id:-admissions@asiapacific.edu

Mob No:-7042893436,7042893445 
Website:- www.asiapacific.edu

Statistics for MBA students

BUSINESS SCHOOL

Is it required for an MBA student to learn about statistics? The answer is ‘Yes’. A basic course on statistics is inevitable for an MBA program. Nowadays, managers in the business world face some important questions regarding their production and sales.  What combination of features of a product is most desirable for consumers? Given the previous observations can we forecast future production and sales? How did we do last month? Can we compare between different industries on the basis of some criterion, such as profit, production, sales, input cost, etc? To that end, statistical analysis provides a systematic approach to answer these questions.

          Realizing its importance in business analysis, many MBA and PGDM programs are already placing greater emphasis on statistics, especially on quantitative data analysis in their core curricula. The courses develop the skills and insights required to make effective use of statistical methods in the area of business analysis. The course structure on statistics should range from a rigorous training in the fundamentals of statistics, such as data analysis to applications of popular methodologies, such as sampling techniques, regression analysis and forecasting. Special importance should be given on the topics related to sampling methods, distribution of data and testing of hypothesis. Several schools also provide exposure to computer software (such as, SPSS, STATA, EViews) that implements key techniques.

However, a general fact is that the MBA students are less interested in statistics or more specifically the theoretical part of it, finding it too abstract. In this regard, teachers can play a crucial role. They can engage the students in a suitable way with statistics, challenging them with real-world exercises like finding errors in reported studies, designing experiments to test hypotheses in the real world, and analyzing real data which involves an understanding of how analytical and graphical techniques can be employed to summarize, display, and analyze data.

For More  Information :- Asia-Pacific Institute of Management

Email Id:-admissions@asiapacific.edu

Mob No:-7042893436,7042893445 
Website:- www.asiapacific.edu

International exposure for PGDM or MBA students.

Post-globalization has seen  an expansion in the quantity of new organizations entering the worldwide corporate world. This has included further rivalry in the officially existing situation. Each organization, regardless of their levels are endeavoring their best for their survival, achievement and good will in the worldwide commercial center. 

Gets out for fantastic potential managers who are multi-tasking went with the significance of abilities and aptitudes to handle undertakings at national level as well as to do stands amazed at universal skylines. This gets to be conceivable just with the assistance of universal engagements in management College.

Management degrees, be it an MBA or PGDM is known to have key managerial , strategic and systematic toolbox alongside tending to them with the present patterns and modifications in the worldwide business situation. However a percentage of the foundations offering management programs pass up a major opportunity for the key element of worldwide engagement in their management programs declining their proficiency. 

International engagements are a pivotal channel for performing a huge part in the worldwide commonsense world. It invests management  experts with worldwide comprehension and points of view, overall business information, improving the attractiveness of understudies universally. International engagement advances one worldwide systems empowering expanded introduction, outstanding scholarly accreditations cultivating the bank ability of management experts enhancing their profession prospects. 

The international  engagements in management programs can be through different mediums like to incorporating global resources, offering international visits, helping students with internship and placements and few other worldwide channels. It goes about as an impetus in advancing the development of individual's vocation and acquiring worldwide employment alternatives globally.

For More  Information :- Asia-Pacific Institute of Management

                      

                       Email Id:-admissions@asiapacific.edu

                       Mob No:-7042893436,7042893445
                                          

                       Website:- www.asiapacific.edu

Criteria for selecting a Quality MBA Program.

If one has decided to earn an MBA degree, then it is all the more important to look for a high quality program with solid business education, valuable academic experience and impressive professional credentials.

The most important factor to search for is the MBA program that is accredited by respected business organizations. These organizational bodies judge the institutes by its quality of academic standards. The assessment criteria depend on the Teaching-learning and Evaluation process of an Institute. Some other criteria such as facility of Research, Infrastructure and Learning Resources, Student Support and Progression are also very important to asses an Institute. There are many business schools and colleges in India offering two years of MBA or PGDM programs accredited by AICTE (All India Council for Technical Education), UGC (University Grants Commission), and NAAC (National Assessment and Accreditation Council).

B-school in delhi

Another important factor to look for is that the MBA institute has esteemed faculty members who are experienced, educated and innovative. Faculty members are usually required to have a professional work experience in an area relevant to business and a specialization or expertise in the course they are instructing. Once you find a program that you are interested in, spend some time researching the educational and professional backgrounds of faculty members.

Each year various reputable publications, websites release the ranking of the business schools base on the fact that how academic institutions stack up against one another in terms of faculty, instruction, reputation and student mix.  A higher-ranked business school may be more likely to provide you with a quality education than one that is not ranked at all. 
 

For More  Information :- Asia-Pacific Institute of Management

Email Id:-admissions@asiapacific.edu

Mob No:-7042893436,7042893445

Website:- www.asiapacific.edu