Due to whopping competition and challenging job profiles, there is enormous demand
for managerial cadre in corporates. The number of colleges offering management courses –
self-financed institutes; AICTE approved, or otherwise, is rising at a rapid pace. The
fringe benefits and lifestyle attached with the
`manager' tag make students wanting to put in time,
effort and money to secure admission at some good management institutes.
Students wanting to develop career in this track have started enrolling themselves
in tutorial institutes, like IMS, Professional Tutorials, Endeavor, et al, offering coaching
to take up entrance examinations for the management institutes. These institutes
prepare the students for GCET/CAT entrance examinations, the group discussions
and personal interviews as well. With the changing scenario, the number of institutes has
also increased and the quality of education and professionalism has also increased.
Looking at the need of the hour and demand, four aspiring Ahmedabad-based MBA students
– Vikas, Mohit, Rajan and Santosh decided to start
a coaching center offering training for MBA
entrance examinations. Vikas and Mohit, who had
done MBA (Marketing), started collecting market information, competitor information, number
of aspiring students, undergraduate college information and other details. Rajan and
Santosh, both university rankers, MBA (Finance),
handled the second vertical and got busy in getting loan
to open center, preparing the necessary documentation, all legal formalities were
taken care of by them. They finally inaugurated
the center on December 5, 2002 on IIM Roadside, Ahmedabad, Gujarat.
The vision of all four partners was to open a center that can help students
increase confidence in facing these entrance exams
and the ability to enhance their soft skills. The classes run by them were soon very
well appreciated and lots of enrolled students
found themselves securing admissions to
prestigious B-Schools. Other students started coming
for advance admission as the fame spread and the name became the talk of the town. In a span of
4 years, Careers@MBA became one of the top centers in Ahmedabad — ahead of all
existing competitors. In the first year, they had
enrolled 85 students, which increased to 450 students
at the end of fourth year. |