How to improve Logical Reasoning and Data Interpretation skills for CAT exam

  1. Solve Previous CAT papers

First things first, the best source of question sets for LR and DI for CAT are the previous years’ CAT papers. I know it’s a cliche and you’ve probably already heard this multiple time, but it is the single most important thing that any serious CAT aspirant MUST do religiously!

CAT papers can not only familiarize you with the kind of questions and the difficulty level you can expect in the actual paper, but it is also an excellent question bank with a large number of good questions.

You can get the previous CAT papers

  • Either online for free, which most people prefer (Here is the link: CAT Previous Question Papers with solution 20 Years free download pdf)
  • Or buy a book like this one – ‘Previous Years Solved CAT papers’ by Arun Sharma. Although you will have to buy this, it is a preferred option as it allows you to have all the questions compiled topic-wise, so that whenever you need to focus on a particular area, you can solve questions from that topic itself, rather that searching from the complete set of previous CAT papers. Remember, the book is not just for LR-DI. It is for all the sections (Especially useful for QA and VA, not RCs since the RCs of yesteryear papers were too long)
  1. Analyse

Having solved a decent number of question sets from previous CAT papers as well as mock tests, you’d realize where you’re falling short.

The usual scenario is:

  • DI can be solved, but it sometimes takes too much time
  • LR can sometimes take too much time, or you just don’t get the logic at all.

It is recommended to make categories of problem types in each of these sections and then identify which ones you are comfortable & not comfortable with. This can help you recognize which are the ones you need to work more on.

Examples of categories can be:

  • LR: Cubes, Rankings, Arrangements (Linear/Circular), Table based LR sets, Games, SET theory based etc.
  • DI: Line and bar charts, Pie charts, Tables based etc.
  1. Improve

DI: To improve your speed, you have to be quick with you calculations. This is possible through:

  1. Learning:
  • Squares at least till 30
  • Cubes at least till 20
  • Sq. roots till 10
  • Fractions to percentage conversions

These will help you increase your calculation speed and save a good amount of time.

  1. Try options or do approximate calculations wherever possible. Remember, you just have to tick the right answer. CAT is not a subjective exam.
  2. Choose your question set wisely

LR Improvement areas:

  1. Invest some seconds over a question and study the question carefully. A brief explanation of why each choice is correct or incorrect should run through your mind. If you can practice this tip in sample reasoning questions, you will do well on the actual assessment.
  2. NEVER assume or use any information that the question fails to give you. This is NOT an assessment of how much you know about a subject in general! Consider ONLY the information given in each reading passage when choosing among the alternative responses.
  3. Read both the factual passage and the sentence completion instructions carefully. Both must be considered when making a choice.
  4. Be sure to read all the response choices carefully before eliminating or choosing one of them.
  5. In questions that ask you to select a valid conclusion, always choose the one conclusion that must definitely follow from the information you are given. In questions that ask you to find the invalid alternative, choose the one conclusion that does not definitely follow from the information.
  6. Pay special attention to words like “all,” “some,” or “none” when you read the factual information each question gives you. Other qualifying words such as “other than,” “only” or “unless” are important, too. These words can play a critical part in precisely specifying the facts to be used when reasoning.
  7. Pay attention to negative prefixes such as non-, un-, or dis-. These can be crucial to specifying the basic facts in the paragraph.
  8. You should also be very careful of any response choices that contain the quantifiers “all” or “none”. Generally, in both the sample practice questions and in the actual CAT assessment, these words are NOT signs of incorrect response choices. They will appear in both correct and incorrect response choices.
  9. Pay close attention to the word “ONLY” and to the phrase “IF AND ONLY IF”.  Saying “The car lock will open IF AND ONLY IF original keys are used” sets up a highly specific condition that must be met. There is exactly one way to open the car lock – you must use the original keys of the car. By contrast, if the sentence says, “The car lock will open if the original key is used,” there may be several ways to open the car lock beside by using the original key.
  10. The questions in the assessment will vary in difficulty level, and difficult questions will be mixed in with easier ones throughout the CAT Paper. When you encounter a question that is difficult for you, try to draw diagrams or other schematic notes on your “scratch” paper that is provided to support and confirm your thought process. Also, bear in mind that you can stop working on a difficult question temporarily and return to it later but that’s possible only if you have not changed sections.

 

 

Top 8 Tips for a Successful Career after MBA

Who doesn’t want to be more successful? High-flying MBA students and graduates give you the lowdown on how to achieve your business career goals.

Many of the world’s most influential people have one thing in common: an MBA.

Sheryl Sandberg, George Bush, Shaquille O’Neal, even TV chef Ina Garten—they’ve all got one.

It seems the course lends itself to any walk of life, as long as it’s success that’s on your lips.

With this in mind, we have rounded up 8 top tips from high-flying MBA students and graduates on how to reach your full potential—and some of them may just surprise you.

MBA Student with Hat

  1. Know yourself

Neha Sharma joined Microsoft as a product marketing manager in September 2018, having completed the Full-time MBA program in the same year.

“Self-awareness is key to one’s success,” she says. “You need to objectively evaluate where you are in terms of skills and achievements, and where you want to be, what drives your ambitions and—most importantly—how to transform and develop yourself to get there.

“Sometimes, taking a step back to reflect on your career and retrain yourself might prove pivotal for long-term success.”

  1. Promote yourself

Jeena Mehta has had a successful career as a consultant and director of the Oxford Seed Fund, and is currently studying for an MBA.

She is adamant that communicating one’s achievements and goals is essential.

“During my MBA, I chaired the Technology Society, and managed activities at the Oxford Seed Fund. Initially, these extracurricular efforts were not acknowledged—not until I started communicating my accomplishments,” she explains.

“These success stories facilitated a meeting with the McKinsey global managing director. Talking about my goals and achievements with him, I positioned myself for the kind of projects that will advance my career after my return to work”.

  1. Tackle the status quo

Natalia Sheikh, an MBA graduate, is a digital marketing manager with experience in luxury, hospitality, tourism and business services marketplaces.

Her tip? “It is not our talent, education, or skills that lead to guaranteed success in business. People with a rigid mindset, those who believe that the current paradigm stays forever, are much less likely to flourish than those with an agile mindset,” she asserts.

  1. Unlock Your Ideas

An MBA degree is one of the best places for new entrepreneurs to take the plunge and begin their new business. A whopping 44% of students actually began their new business while still enrolled in business school. 2 out of 4 entrepreneurs owned their own business before enrolling in school, seeking skills to enhance their existing company.

  1. Do What You Love

The age-old concept to follow your passion and you’ll never work a day in your life seems to be holding strong amongst business school graduates. 94% of graduating student entrepreneurs said that following their passion was the primary reason for starting their own business. An MBA degree can give you the skills you need to take that passion and make it a business.

Businessmen

  1. Gain Skills

There is no doubt that an MBA degree provides aspiring entrepreneurs with the skillset to establish their own business or to grow an existing business. 91% of graduates said that business school helped them to lead their company while 90% said it helped them to grow their business. 88% said that business school helped them to develop an idea into a business.

  1. Develop New Business Ideas Across Industries

Entrepreneurs start businesses in all industries. The three biggest industries where entrepreneurs are developing their businesses are in products and services (37%), consulting (20%) and technology (17%).   An MBA degree can introduce business professionals to various industries and teach them methods to improve market research in these industries.

  1. Measure Success

There are many measures of success among entrepreneurs. According to the statistics below, 41% of entrepreneurs are reporting more than $250,000 in revenue. In addition, 28% of entrepreneurs are working globally, and 27% are diversified, owning multiple companies.

N. L. Dalmia’s Global MBA Program, prepares the next generation of world leaders through a rigorous, stimulating business and management curriculum based on a global perspective, industry demand, and leadership preparing graduates with the skills they need to pursue the career they want.

7 Things Nobody Told You About MBA

What a difference two years can make. That’s how most MBAs feel after graduation. Whether it’s the humbling realization that they weren’t the most gifted or accomplished member of their class. Or the fact that their peers were also valedictorians who had been showered with accolades and promotions, many prevailing over heartbreaking hardships in the process. In the end, the MBAs who excelled were the ones who quickly embraced their peers.

MBA Student

Learning how to lead was among the most transformational experiences for these MBAs. At the same time, these MBAs discovered that mastering various principles and processes were also teaching them something deeper. Here is some advice from the alumni to candidates interested in pursuing an MBA:

  1. Data drives decisions

Decision-making as a leader is both an art and a science. While it’s critical to gather hard data and input from those around you whenever possible, there’s never a perfect answer. Knowing when to make a call, and when to bring more people and data into the discussion, is an art. Saksham’s biggest area of growth as a leader was becoming comfortable with this balance between art and science.

  1. Take risks

Different is great. Risha Pahilani’s story began when she chose to [pursue] an MBA in lieu of a traditional business program. While her friends and family saw the new program as a risk, Risha saw it as an opportunity. And by deciding to do something different, she got to build new companies, create change in community engagement and knowledge sharing, and shape how academic curriculum should change. She got to meet lifelong friends, who will be the next Steve Jobs and Mark Zuckerbergs of the world. She got to do great things, because of her decision to do something different. Risha learned that there is always something we can learn from the people around us, so ask questions and be open to challenge. Know that there is no black or white.

  1. Learn from your mistakes

“Projects may succeed or fail, however, the greatest value is in what you learn and can apply to the next one.

  1. Leadership comes in many forms

Throughout his business school experience, Numaan worked on becoming the most supportive leader he could be. He recognized that in order to be effective listening was important, understand, and appreciate the concerns that were brought to attention. Everyone interprets life events and conflict differently. What may personally move an individual, may have little or no impact on the next person. As a leader, how Numaan perceived the importance of an issue is somewhat irrelevant in making sure that the person he is interacting with is heard and assisted in the fairest way possible. He learned that objectivity and acceptance are incredibly important. Everyone has the right to enjoy their experience equally and no one has the right to diminish another’s experience. Numaan’s experience showed him that he doesn’t need to compromise on his values to be effective.

MBA Student

  1. Don’t underestimate networking

The biggest lesson Saloni Mishra gained from her time at Dalmia’s was that overused, ambiguous phrase “Your network is your net worth” really means and how to use it. Leveraging the right contacts appropriately can make a significant difference in outcomes—a job interview, a critical data point, etc. Saloni also learned not to reach out to her network only when she needs something but to foster those relationships on a personal level as well.

  1. Soft skills often trump hard skills

It’s all about empathy. The best teachers, innovators, leaders, negotiators, marketers, managers, facilitators, sellers, they all excel at deeply understanding other people’s needs and motivations. Reina truly believes that empathy is the most underestimated and overlooked leadership skill.

  1. Take nothing for granted

Hustle harder. For Darshan Bhagat, pursuing a niche path in healthcare management meant that he had to be a part of the community, networking with alumni and other professionals, and diving into academic and practical learning opportunities. With no healthcare experience prior to business school, Darshan pursued two independent studies in palliative care and home health and secured an internship at one of the nation’s leading hospitals. He drank a lot of coffee, meeting healthcare professionals early in the morning as often as possible. He knew that he would have to work hard academically, but Darshan learned that the hustle extended far beyond the classroom. You have to stay hungry.

Top Reasons to get a MBA Degree

An MBA will offer you a wealth of advantages, especially when it’s offered by a top business school like N.L. Dalmia that also maintains a very good reputation. Getting a higher salary after graduation, landing a top management position, or even becoming your own boss is just a few of the extra advantages.

  1. If you’re looking to change industries

It’s easy to get stuck in an industry that no longer fulfils you, particularly at the beginning of your career. When this happens, you may need to make a career pivot. That kind of change is often only possible with a new credential, like an MBA.

  1. If an MBA is a professional must

An MBA is no longer the requirement that it once was in so many fields, and there are some industries that allow you to advance continually simply by continuing to gain more experience and demonstrate your talent. But even today, there are a handful of industries that still essentially require an advanced degree. For example, consulting or finance.

  1. If you lack self-confidence

If you’re not yet entirely self-assured at work, earning an MBA can help you to gain the extra knowledge and confidence you need. Enrolling in an MBA program will allow you to ask questions and pitch ideas in a ‘safe place,’ and in the process, gain the mojo you need to take on the real world.

  1. If you need a crash course in business

As a reporter with an art degree, you might find yourself asked to cover business — and she needed an MBA.

This situation also applies to people who are functional experts in marketing, or R&D or HR. These people will stay functional experts if they don’t expand their knowledge and widen their perspective.

Earning an MBA can be expensive and time-consuming, and it is true that they aren’t as necessary as they once were. But if any of these four reasons sound familiar to you, don’t count an MBA out. It might be just the thing you need to get where you want to go.

 

 

10 Reasons Why You Should Consider A Global MBA

Business studies are a way for young graduate professionals with considerable work experience to get new, up-to-date knowledge that is not available in many classic-style university study programmes.

What does an international MBA offer that a degree from a home-grown institute doesn’t? Does the word ‘international’ mean only attending B-schools in the U.S. or Europe? If it does, then why do European & US students reach out to business schools in other countries to do their MBA?

Many in the field will explain this word (‘international’) by way of diversity among students in the class. Universities would be wary if their student pool had the majority of students from one particular culture, community or country.

So, you’d notice almost all the B-schools will more or less be open to sharing the diversity of their students in terms of gender, nationality, culture, and the like. Even US and European students prefer to pursue their course from a place that gives them the opportunity to study in a more multicultural environment. Then you can basically work with just about anyone, anywhere in the world.

And then, of course, it looks good on your CV as well!

Now, let’s come to the point. What are the benefits of an international MBA degree? Quite a few. Let’s go through this one by one. For all of you out there, one reason could be more important than others so this list is definitely not in any order of priority.

1. Hands-on approach

As a rule, people with academic degrees and a clear vision of business conduct found business schools, resulting in a learning process that combines academic knowledge and practical applications. Business schools are usually located in modern buildings in the very heart of big cities such as Washington, California or New York.

Business schools usually provide a wide range of degrees and specialities, including programs such as:

  • MBA Programs with various specialisation. These include MBA dual degrees offering two diplomas for the completion of a single study programme.
  • Master’s programs in International Business, Finance, Marketing and International Law, including dual degree programs in International Business and Finance.
  • Bachelor’s programs allowing students to enrol during the 1st and 3rd year of study.
  • Professional programs in Financial Accounting, Management Accounting and Marketing and more.
  • Short-courses and business seminars.
  • Training programs in English.

Most business schools like N.L. Dalmia in Mumbai provides a comfortable study environment, in spacious classrooms equipped with the latest technologies and huge libraries. All students have access to the modern databases that include business-related materials as well as diverse scientific works.

2.Part of a Global Network

Classes with a reduced number of students are another advantage offered by business schools. Students receive maximum attention from teachers, a chance to speak their minds and many opportunities to test their skills in class activities.

Most business students are 25 to 40 years old. Apart from the useful exchange of information between students, business schools hire teachers working as managers in international companies. Some universities have successfully established relations with world-renowned brands and corporations, many of which offer student internship.

Business school students become part of a global network system, a community exchanging experience and knowledge with peers around the world. Business school graduates may even start partnerships based on relationships and connections created during their years of study.

3.Employment as an integral part of education

Business schools offer great attention to the employment needs of their graduates. Many people looking for a career change enrol in business schools in order to receive occupational retraining. Such educational institutions have a large database of employers and promote graduate employability to companies. Business schools also organise periodic job fairs, which are an excellent opportunity for students to meet potential employers.

4.Out-of-the-box solutions

The target audience for business studies is employed people who do not have time to follow a study programme abroad. Recently, many educational institutions are implementing online education methods. Distance learning is becoming increasingly popular among students and, according to recent statistics, the annual growth of online programs worldwide is more than 300%! Classes are delivered through interactive learning platforms, specially developed by the business school.

5.Gets you closer to your dream job

Most students who enrol for an international MBA, are professionals. They have a few years of work experience post which they opt for higher study. So, they are already earning a decent amount.

Yet a foreign degree shines brightly on your CV giving you an edge over other competitors at the workplace. Higher the ranking of the B-school you graduated from, better chances of your dream company hiring you. And in a leadership role! You stand in good stead to take over a role in senior management, as that’s what an international MBA degree trains you in.

Following a global curriculum in terms of business, marketing, management, sales and operations along with understanding the various facets of leadership from an international perspective makes you understand business in a different way. You get the confidence to work in any organisation in any part of the world. The Financial Times says as of January 1, 2015, almost 31% of the world’s 500 largest listed companies by market capitalisation are led by an MBA graduate.

6.Expands your professional footprint

For many professionals, stagnation sets in quite early in the career. After a year or two of learning, it generally more of the same in the years to follow. The biggest culprit is the lack of variety at work.

For bosses, it’s more productive to get an experienced employee to continue doing what they have been doing for years. This is why the learning stops and the daily routine becomes a mechanical chore.

One big advantage of an international MBA degree is it gives you the chance to expand your area of interest. From a business operations profile, you can learn about business development, or from manufacturing, you can go into consulting. The program is developed in such a manner that it ensures you get an overall perspective and necessary training to shift your career focus.

7. Gets you back into school

Talk to the MBA aspirants, and you’d know that one of the reasons why they want to ditch their job or life they are living, is to take a break and do something constructive in the period.

There’s nothing better than going back to being a student – sitting down in a room full of people who don’t know you, jotting down informative content, looking up at the professor with eyes full of awe at the knowledge that s/he is spewing.

Well, you do end up spending a fortune on this experience, but actually taking time off work is could give you a much-needed break from all the corporate baggage you’ve been carrying all along.

You don’t have to carry your office with you anywhere, no late night office calls, no travel for work. There will be time to think of that business idea you have been toying with in your head. You can chit-chat with new friends and do not feel the urge to network with them for work. It can be quite an experience being a student again.

8.Expands your network

As a business professional, one of the key requirements of your job is to network with people from various industries. In fact, almost all companies encourage their employees to network with people other than their colleagues. You never know which connection gets you more work.

And while pursuing an international MBA, you have the opportunity to meet like-minded individuals from various industries, from around the world. It is the best setting to make lifelong friends and extend these partnerships beyond the classroom.

Some of them may just go to head some top-notch organisation later in life. And that’s not all. B-schools like N.L. Dalmia tends to nurture their alumni so as to have an extended network of their wards. You’d have access to such a huge alumni network too who can always counsel, mentor and even help you find a good job.

The professors and guest lecturers from various disciplines and industries to shoot up the excitement factor of these degrees. You can learn so much from these accomplished people from various walks of life. These will be invaluable connections.

9.Feeds your entrepreneurial ideas

Most B-school students and even those working in the world of business, keep getting ideas about starting their own business. Some of them do pursue them and also are successful, but some fail at it.

An international university environment gives you a first-hand experience of meeting such a diverse crowd who come from various nationalities, communities and languages. You can learn from them the hows, whys and whats of starting a business and being successful at it. You’d know what may work and what wouldn’t in your kind of environment.

The course curriculum dissects the phenomenon of entrepreneurship and offers opportunities to students to work together in teams on some such projects. That would be almost like getting practical training in starting your own business someday.

10.Gets you out of your comfort zone

On your MBA application form, you’d list down reasons that make you competent enough to be considered eligible for admission. These would invariably include having studied at some of the best institutes in your own country, work experience with a coveted brand, and your role in the growth of the company. That’s really good.

But when you go out there in a foreign land, you’d see that you are not alone. There will be students as successful as you (if not more) all around you. That will be your OMG moment.

You’d have to do everything to prove yourself to you once again, probably unlearn what you already know, and learn a new skill every day. Maybe learn a new language. But the good thing is, you can expect your fellow students to be wiser and mature with their past experience, hence there will be a lot of teamwork, cooperation and knowledge sharing. There will be more opportunity to learn how to manage a diverse team. Learning in such an atmosphere can be really satisfying.

 

There are other benefits that we haven’t covered (like a high compensation package that could cause your peers to go green with envy). All these come with strings attached and there are no guarantees that you may reap some (or any) of the 6 that we’ve covered here. We’ve covered these in other articles. Read them as well, rather than getting bedazzled for these reasons.

Look at the decision from your personal point of view and decide if you should or shouldn’t go for an international MBA.

 

 

Career Options After Completing an MBA

Before jumping to the conclusion that a Masters in Business Administration (MBA) is the correct choice for you, stop and ask yourself why. The hunky-dory vision of life after MBA may not be so easy after all. Not every management graduate receives a cushy job and a dreamy salary package. You must have your goals in place to be able to establish a solid and successful career after an MBA, like most other fields.

The usual reasons for doing an MBA these days:
  • It earns you more money
  • It gives you a promotion in your job
  • It helps you quit a job that sucks

But in order to pursue an MBA and to feel truly satisfied by doing so, you must take a more cognitive view:

Why pursue an MBA
  • To launch a progressive career
  • To make a shift in career, if you already are an experienced professional
  • To nurture an innovative outlook
  • To network with the best in the market
  • To add a brand value to yourself
  • To enhance personal growth
  • To start a business/ start-up/ turn entrepreneur
  • To move to another location

Once you know why you want an MBA degree, you should be prepared with a knowledge base of jobs that require this degree. Based on that, you may nurture your career interest. Client relations, consulting, business planning, resource or system analysis may be a part of your job profile, but let’s take a more specific view of the job opportunities after an MBA:

  1. Management Consultant

A management consultants job is to advise companies on their management practices and identify problems within the organisation that may be holding the company back from reaching their goals. Many management consultants are self-employed, while others work for large firms. According to the Institute of Management Consultants, about 27% of consultants are self-employed. This is an ideal arrangement for many MBAs – a flexible career path with high earning potential.

Required Skills

  • Management Techniques
  • Salesmanship
  • Public Relations
  • Analysis
  1. Marketing Manager

Marketing managers oversee the planning and execution of a multifaceted marketing plan to help their companies grow. They set budgets, plan marketing campaigns, and manage staff on the marketing team to conduct market research, launch marketing campaigns, and analyse the data collected from each campaign to make improvements. Their goal is to create more brand awareness and bring in sales. Marketing managers must be knowledgeable about many different types of marketing approaches and also be skilled at leading a diverse team. A Masters from N.L. Dalmia in Marketing Management can help you get here by obtaining the required skills:

  • Marketing
  • Public Relations
  • Management
  • Analysis
  1. Investment Banker

Investment bankers help companies invest and grow their capital through shrewd purchasing of equity and debt. They also provide advice and assistance during financial transitions such as acquisitions and mergers. Bankers are responsible for ensuring all pertinent paperwork is in order and that all government regulations are followed during any and all transactions.

A Masters from N.L. Dalmia in Management with a specialisation in Finance can help you get here by obtaining the required skills:

  • Finance
  • Communications
  • Sales
  • Analysis
  1. Operations Manager

An operations manager is sort of a company’s jack-of-all-trades. He or she oversees daily operations, purchasing, inventory, coordination between departments, and policy creation. Responsibilities may also include hiring employees and negotiating contracts. However, this job will vary depending on the organisation and expectations of the CEO. Therefore, this position requires a great deal of flexibility and multitasking.

Required Skills:

  • Management
  • Communications
  1. Financial Advisor

Financial advisors cater to the individual rather than businesses, and play a key role in helping families plan for retirement, invest in their children’s education, and build individual wealth. A financial advisor looks out for their clients’ best interests by suggesting good investment opportunities and creating realistic long-term plans. This is an excellent career path for MBAs who have a desire to help others become financially savvy.

Required Skills:

  • Finance
  • Communications
  • Sales
  • Analysis
Which Path is For You?

Now that you have an idea a few of the possibilities available to you, it’s a good time to consider which skills you’ll need to develop to land the position that interests you most. And there are many other career opportunities for new MBAs than these five. Consider the fields and positions work best with your skill set, and you’re sure to find great companies looking for a talented new graduate!

 

What kind of an MBA should you pursue?

Have you recently completed a Bachelor’s Degree? Are you interested in pursuing a good management program? If yes, this article will be of great help to you. In this article, we will be conducting an in-depth analysis of MBA courses.

This article will help you understand:
  1. What MBA courses are all about
  2. The different types of MBA programs available right now
  3. What’s the course content like
  4. The scope associated with this academic program

MBA stands for Master in Business Administration. It is a postgraduate level course. The main aim of this course is to instil management skills and knowledge in students. If you want to take up key administrative and managerial roles in companies, corporate firms, MNCs and businesses, you must have adequate knowledge about the fundamentals of management. It takes a certain amount of management knowledge and skills to thrive in administrative roles. This is where a management education course like MBA comes handy. MBA is one of the most popular 2-year professional courses that’s always in high demand. MBA is a globally accepted master of post-graduate level degree. The core courses in an MBA program cover a variety of areas of business such as finance, accounting, marketing, operations, human resources, amongst others. Many reputed Top MBA colleges in India offer MBA courses. These business schools conduct different entrance examinations such as CAT, MAT, XAT, GMAT etc. to secure admissions on the basis of the scores attained by students in any of these examinations.

N.L Dalmia is one of the best institutes for MBA in Mumbai, and you can apply online to get admission in this management institute. This Institute is quite popular among students all around the country, who wish to pursue higher management studies and courses like MBA.

TYPES OF COURSES

There are two main types of MBA programs available in India:

  • General MBA course
  • MBA specialization courses

GENERAL MBA: General MBA course focuses on the basics of management. It allows students to understand the various aspects of the management field. The curriculum of the general MBA program in most MBA colleges comprises of core management subjects and few elective subjects.

Some of the core management subjects are:

  • Finance Management
  • HR Management
  • Economics
  • Organizational Behavior
  • Project work
  • Economics
  • Accounting
  • Business laws
  • Economics principles of management
  • Entrepreneurship
  • Communication skills
  • Business Communication
  • Business planning
  • Business Environment
  • Marketing Management
  • Retail Management
  • Computer Application
  • Taxation

Generally, the first year of an MBA program has core subjects. There are different elective subjects in the second year, and their availability varies from college to college

SPECIALIZATION COURSES

MBA specialization programs have focus on a discipline of your choice. Such programs cover subjects related to the field of specialization as well as the core management subjects such as :

  • MBA in Marketing
  • MBA in Finance
  • MBA in Human Resource
  • MBA in Information Technology (IT)
  • MBA in International Business (IB)
  • MBA in Health Care Management
  • MBA in Supply Chain Management
  • MBA in Rural Management
  • MBA in Operation Management
ELIGIBILITY

Minimum educational qualification required is – completed Bachelor’s Degree from a recognized University/Institute. Minimum aggregate marks criteria may exist and it varies from one institute to another.

MBA colleges require the fulfilment of the following eligibility criteria:

  • The candidate should have completed Bachelor’s Degree course from a recognized University/Institute.
  • Minimum aggregate marks criteria may exist, and it may vary from one institute to another. However, 55-60% is the usual benchmark.

COURSE FORMATS

MBA programs are available in many different formats. Some of the notable course formats are :

  1. Full-Time MBA Programs: This is for 2 years that comprise 4 semesters. Full-time programs are just like other regular academic programs, and it consists of regular classroom lectures.
  2. Part-Time MBA Programs: This program is pursued by working professionals. These programs are more flexible than full-time programs.
  3. Distance MBA Programs: Most of the MBA colleges and institutes all over India provide distance learning option in different courses including MBA.
  4. Online MBA Programs: Students study virtually in online MBA programs. They get online lectures in this type of an MBA.
  5. Executive MBA Programs: This MBA is for working professionals. The eligibility to take admission in an Executive MBA is to have minimum 3 to 5 years of working experience.

Getting an MBA degree from N.L. Dalmia will empower you with a globally relevant, recognized & valued education, bestowing you with several different opportunities as you study 1 year in India & the 2nd year in U.S.A.

 

 

 

How to select a college for MBA

If you step into a reputed college, your chances of selection and settlement increase significantly. You might get a good opportunity right at the start of your career and with the knowledge and experience, you will become a successful name in the business world.

Here are a few factors to be considered before choosing an MBA Program:

  1. Set your Post-MBA Goals – It is important that you set up your goals with respect to your background, motivation level, interest and of course, the scope in the sector. However, there are many cases where people have changed their field of work after MBA and some of them succeed tremendously but it is not necessary that the wind flows in the same direction. Hence, setting goals beforehand is always advisable.
  2. Check Out the Ranking – Pursuing MBA from any college is not sufficient. To get an extra competitive edge over the market, you need to pursue it from a college that beholds higher ranking. There are many authorities that hold the power to rank the colleges. Also, there are many websites that help you assess the ranking of colleges based on the curriculum they offer, their faculty, amenities, alumni pool, placement facilities, etc.
  3. Curriculum – Though it is believed that what you read in the classroom is poles apart from what you execute in reality; it is to be noted that the practical knowledge draws its roots from the theoretical fundamentals.  While opting for an MBA Program, it becomes essential to check on the curriculum and assure that it comprises all the essentials of the subject. Nowadays, colleges have opted for experiential learning. Apart from lectures and classroom case studies, they offer you a chance to imply to knowledge on a practical basis. If the college does not offer you the new way of teaching experience, then it is better to step back from such college.
  4. Internship – There are many colleges that offer their students rich corporate exposure and a chance to work with companies on an internship basis. There are many cases in the record where interns get hired by the company for permanent employment if they perform well during their internship period. Look for the colleges that offer internship programs in reputed and well-established companies.
  5. Alumni pool – For a college having vast alumni is not enough. The alumni also need to have higher approachability. Alumni are the main connection between the college and the corporate world. With an approachable alumni pool, a college may be able to fetch placement opportunities for the students.
  6. Alumni Feedback – Another important aspect that is related to the Alumni of a college is their feedback. Before opting for a college to pursue your MBA Program, go through their alumni feedbacks as it gives the real picture of the college status and reputations. If the alumni have good words to say, then go for the college but if you find something negative then it’s better to always look for better options.
  7. Placement Cell – The placement cell of a college is the most powerful tool that the college possesses for securing your future. If the college has a strong placement cell which has the ability to fetch up placements opportunities from reputed companies, then that specific college is the best choice for you. Check out Dalmia’s vast range of placement options https://www.nldalmia.in/Pages-Placement-Partners

  8. Return on investment – Last in the list but the most important thing is that how much you MBA Program are able to generate the return on your investment. It depends upon the salary package you secure with your entry into the corporate world. Here’s where some of N.L. Dalmia’s alumni achieved after their MBA  https://www.nldalmia.in/Students-Achievement

If you succeed in securing a seat in a reputed college which has all these factors as a core part of their operations, then it is confirmed that you must climb up the ladder of success very fast and within no time, you will reach the top level and become a part of the reputed alumni cell of your MBA college.