In today's dynamic scenario, when the whole
world is almost a global village, the need of the
hour is an increasing number of skilled professionals. Companies in this
contemporary period are hiring people from all nooks
and corners by offering them higher salaries.
Reputed institutes, like the IIMs, XLRI, FMS, etc.,
are offering better campus placements not only in India, but abroad. It's a craze today for a
person having an MBA degree. But only an MBA degree
is not enough to guarantee better placements.
The teaching methodology adopted by B- Schools is also turning to be almost
stereotyped. Today, in many such institutions, the
faculty seems more focused on completing the syllabus
in time, rather than imparting them a quality education with well-structured
infrastructure. Present students are becoming the
future managers. What MBA education actually needs are: Better teaching faculty, broad-based
syllabus, wide variety of courses offered, better infrastructure, along with campus placements.
If we perceive the future of MBA colleges and courses 20 years down the line, what are the
areas that need to be pondered over? As is quite obvious, there would be cut-throat
competition due to increasing number of management institutes. B-Schools need to upgrade and
improve the campus infrastructure to meet the
challenges posed by their competitors. Now within a span
of twenty years, 2-years MBA degree might get
turned into a 1-year MBA programmed due to lack of
time and stiff competition. There would be an
immense pressure on the part of the institute offering
MBA courses to have diversified attributes in order
to survive in the market. What can be the features
at that time? In my view, the following can be the features of the MBA colleges: Highly
qualified teaching staff, highly structured
syllabus, increased number of courses, better
infrastructure, and more assured campus placements.
In the present period, MBA degree is not a hard nut to crack, since various modes of
providing MBA degrees are available. There are
various methods of providing degree today which an
MBA college resorts to like 2-year full-time
program, correspondence course, distance learning program, 1-year executive program for
working people and online MBA program for working executives. The array of part-time MBA courses
is very vast. One can easily find the best and the cheapest online MBA courses. Studying an
online MBA program is not stressful. If you are an employed professional, getting a degree
from online MBA colleges is the best option for
you. Some people have doubts about the
opportunities and scope that an online MBA course provides
to its graduates. Let us, therefore, discuss the opportunities that an online MBA graduate has. |