Showing posts with label cat 2012. Show all posts
Showing posts with label cat 2012. Show all posts

The new hub for management education? : India

India has been the go-to place as far as information technology is concerned. It is not just in terms of getting IT education but also in terms of finding an excellent talent pool for hiring. Today, the management sector is seeing a similar trend.

According to the recently published 2011 World Geographic Trend Report for Graduate Management Admission Test (GMAT) examinees, not only has there been a steady rise in the number of non-US citizens taking the GMAT exam, but Indian students have dominated this trend.
    
However, what is more remarkable to observe is that a multitude of these students are choosing India as their preferred study destination. The report states that, a large drop has been observed in the proportion of scores sent by Central and South Asian citizens to programmes in the United States and much of this shift is explained by increased interest among regional examinees to study in India, the United Kingdom, and Singapore.

The report also observes that in most cases, prospective students are increasingly interested in domestic and regional opportunities. And with Indian student dominating test numbers, it is obvious that Indian B-schools can ex
pect more takers in the coming years.


MAJOR INFLUENCERS

Cost
Lower costs of education in India could be credited as a strong influence for most Indian students who chose to study in India. Not just in terms of tuition fees, but the cost of living in one’s own country can prove to be quite economical. 

Job opportunities
However, experts suggest that higher employment opportunities post the course is also a factor that plays an important role while choosing a study destination. 

Flexibility
Flexible admissions criteria also boost the popularity of Indian management schools Institutes abroad often require you to have at least three to four years of experience. So for a fresher, Indian B-schools can be a viable option.

Quality of education
Needless to say, of course, that with rising global competition, the quality of education in India has also risen optimally. The curriculum, teaching material, case-study approach, and overall pedagogy reflect international practices. This, together with low cost of education and living, good placement and familiar environment, makes Indian B-schools very popular in Asia.

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Applying for an MBA? Market yourself effectively


The difference between the acceptance and rejection of your application could very well depend on how you fare at the interview. Despite the excellent credentials if you are not able to market yourself effectively, you could be looking at rejection.
Thus selling yourself plays the primary role in your success and this fact has to be accepted and worked upon.
Understand your target market:
Like any marketing professional would do while undertaking a project, understand your target market. Your B-school application process should always start with a thorough research about the B-schools, online and offline (if possible). Interaction with the current students and alumni will give you some deep insights about the school.
This would help you to articulate your reasons for application and convince the panel about the same. The panel will definitely be impressed if you cite certain experiences acquired during your research process.
Positioning is the key:
Every school focuses on training their students and thus transforming their career. However, these schools have certain needs of their own. After all, they have a business to run. They would be pleased to receive donations and other non-monetary help from their alumni.
For example, a B-school may introduce a new elective and would want applicants for the same. A smart applicant would show some interest in the new program introduced and thus may increase his/her chances of getting through.
Differentiate yourself:
With thousands of applications every year, candidates may find it very tough to differentiate themselves from others. The essay portion of the application is a crucial aspect which if accompanied with excellent examples about the personal experiences will impress the panel.
Don't be afraid of failure: 
Failure is often looked down at in our society. When it comes to highlighting your strengths, candidates have no problem at all. But when asked about their failure, candidates tend to be uncomfortable and slightly hesitant.
The key is to be honest and talk about your failures openly. Your recovery from this failure and learning from it is what the panel is more interested in.
Although negotiating your acceptance into a top MBA program seems daunting, by showcasing your individuality, you can do so with success. Research each institution and understand how your personal strengths and differences can benefit the programs of your choice.
Take advantage of the application's essay portion to illustrate your unique qualities, and don't shy away from discussing your weaknesses, as well as what you've learned from moments of failure. Effective marketing can take your application from good to great—and make all the difference in this highly competitive process.

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