MASTERS OF BUSINESS ADMINISTRATION -- AN OVERVIEW

One can opt for an MBA degree for various reasons - it could be a skill enhancement step or one leading to a complete career shift. A business school applicant can take his/her pick from an array of options like Full-Time, Part-Time, Modular and Distance Learning programs (taught through television, video, internet and mail.) Of the above-mentioned list Full-Time MBA program is the most popular at GMAT Delhi

FULL TIME MBA PROGRAM STRUCTURE Let us take a look at the structure of a Full-Time MBA program in further detail.

2 YEAR GMAT Delhi The GMAT Delhi provides an example of a traditional Full Tim e program structure. In this the academic year is split into 2 terms Fall and Spring wherein the First Year students complete what is called the 'Core Curriculum.' Offered as quarter or semester-long courses throughout the first year, the core curriculum covers traditional management disciplines -- accounting, finance, marketing, management, operations, statistics and strategy along with leadership, ethics and communication skills essential at senior management levels.

Students move through the core courses with learning teams -- usually groups of five or six classmates with whom they work on projects and cases. By the end of the year, students have the analytical, financial, strategy, and leadership skills for second-year coursework, and a foundation for future success in any organization or career.

After creating a foundation in general management in the first year, students in the second year take one required course and approximately 9 electives, 5 of which form a major or Specialization.

At the other end of the spectrum from Wharton is the University of Chicago, Booth School of Business, which has created a curriculum which offers freedom of choice to its students. Following the format of one compulsory course in introductory leadership- soft skills the students must take courses in a variety of fields to meet a distribution requirement, but specific courses are to be chosen by each student. This type of course structure provides flexibility to students where only one course out of 21 is mandatory and the rest need to be chosen to fit a student's own needs. Most MBA programs are closer to Wharton than Chicago-Booth in their curriculum. Although a good deal of freedom of choice of electives is offered, the set of required courses remain at about 40-50 percent of the total program.

1 YEAR MBA Majority of the European programs are one year in duration. Some European 12 month programs, divided into four terms have three terms of teaching with a compulsory project in the fourth (last) term. Others offer taught courses in the entire year.

Cambridge is an example of the former approach. Its 12 months program is divided into four terms. Sixteen courses are required to graduate (along with three consulting projects) with eleven core courses and five elective. This is roughly 2 1 ratio for Required  Elective courses, which is approximately the average at all one-year programs, although several leading schools offer almost no choice of electives, with all courses being set essentially. The shortness of the program and the consequent high percentage of required versus elective courses differ from the longer American programs.

The PRE-PROGRAM - GMAT Delhi Many MBA programs start with a pre-program, which may last for as little as three days or as long as a month. Some programs are designed only to review subjects such as statistics, economics, algebra or calculus. These programs are usually optional and are strongly encouraged for those who have had no prior coursework in these fields. Other programs have various team-building, 'bonding' and socializing courses and events. The second type is generally mandatory for all incoming students.

Thus, those planning on pursuing an MBA have a plethora of options in terms of program structure and delivery type to choose from, with the key component being the ability to make an informed decision to meet one's career goals.

About Manya Education Pvt. Ltd.

Manya Education Private Limited was set up in 2002 with the vision to provide the best services in test preparation and admissions counselling to the Indian student who dreams to study abroad. The Delhi based Manya Group represents The Princeton Review of US having centres across the South and North India with GMAT Delhi

The Princeton Review, the world leader in GMAT, GRE, SAT, IELTS and TOEFL is a US based company, currently a premium global brand with a strong presence 21 countries. Its five pronged approach includes years of experience perfecting strategies that work, effective course structure, score improvements & guaranteed satisfaction, passionate and well-trained instructors, & ongoing research & development giving it a leading edge globally. Under the flagship of The Princeton Review, MEPL provides test preparation for standardized tests viz. GMAT, GRE, SAT, IELTS, TOEFL - GMAT Delhi. [l]