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5 Ways to Find the Perfect Internship

10:43 | Labels: cat 2013, mba, mba admission, mba notification, mbaupdates

MBA students on the verge of completion of their first year are already on a lookout for the summer internship. If you have not started looking for the internship, it would be advisable to start immediately only after seriously thinking about your long-term goals. Thus, look forward to search for the internship to help you reach the goal in your mind.

The next issue is to decide if you can live with an unpaid internship MBA or you do need a paid internship. If at all, you are offered a great internship but it is without any stipend, it would make sense to ask the employers to reduce the working hours so as to support yourself with a part-time paid job.

Here are a few ways that can help you get started for your quest for the internship.

1. Start with your career services/placements office

Many companies do send their internship openings to local colleges and universities. So, it does make sense to start your search here.

2. Use LinkedIn

It is one of the best portals from where you can get a list of internships at various companies. So why not utilize the same and apply to these offered internships.

3. Broadcast your need for the internship.

There are many people around that might be ready to help. Maybe not directly but indirectly by introducing you to other people who would help you grab that internship of your choice. It is all about letting people know what you are looking for and be amazed at how help comes through unexpected quarters.

4. Check your dream company’s website for openings.

Some companies do not place ads for interns other places and believe that the most dedicated and interested folks will come looking at their website. Go there to see what you can find. Apply through the regular channel that they list, but then use your alumni network and LinkedIn network to let others at that company know that you want that internship!

5. Let you burning desire to work at a specific place reflect in your actions toward attaining it.

That organization may not have ever hired an intern or may only hire interns through employees. They might only hire interns who are unusually aggressive in pursuing an opportunity with them. Sometimes, you have to go for what you want. Send them a letter or an email. Follow up with a phone call. Find someone there you can connect with and let them know why you are a great fit and how you can contribute. Amaze them.

The key to finding a summer internship is persistence. A summer internship will not fall in your lap. You will have to go out and find it. When you do find the internship of your dreams, it will open so many doors for you that you will be happy that you worked so hard to find it.

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3 Ways to Write an Impactful Essay

11:29 | Labels: cat 2013, mba, mba in india, mbaupdates

You managements essay is a very important aspect of your route to your dream B-school. You sure do not want to lose the colour of your grand success at the eligibility examination that you worked so hard for to combine with a dull management essay that will weaken your chances of a grand B-school entry for mba. It is your chance, your expression to gain that leverage to work things for you as management student. So here are few guidelines that would surely assist you in writing an essay that enhances your chances in getting into your dream B-School mba.

Be Personal and Be Yourself

Make sure to get rid of all inhibitions while writing your essay. Be yourself. Add that zest, that desire to establish the relationship with the institution you are applying to. Share your thoughts, your real interests while highlighting the ideas and concepts you believe in, as this is your chance to stand out. You may be shy of your thoughts while expressing it to people when on stage or in a party. Jotting them down and expressing it through words can help you avoid this fear you have of expressing your real ideas and the creative bent you have in you. For all you know, that could be the only feature that could interest your life changing reader. Do not repeat and brag about your personal feats, mention them nonetheless but highlight stuff you haven’t got a chance to show off. Be you!

Sell Yourself as a Bag of Experience

After talking about the details you need to highpoint detail examples supporting your thoughts. The more justification you add to your goals and ambitious the more you come across as being an organised individual capable of taking responsible choices on each level and phase of life. Talk about how you have become how what you are today; your journey till this point in life. Exemplify your external environment and other factors that have influenced your character and decisions in life. Experience speaks and this is your way to tell them how experienced you are facing the troubles and stones that life throws at you. Demonstrate your capabilities with your essay.

Creative approach-A MUST

Creative approach is a must. Think about it very carefully, there will be a thousand applications. All the students will be at par, some even better than you, some worse. You need to stand out. Most of the students, in fact all, will write their feats and achievements which even you will but using creative tints to the same information will make your essay more readable and not boring to the reader. Make it stand out.

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5 Characteristics That MBAs Should Avoid

11:23 | Labels: cat 2013, mba, mba admission, mba in india, mbaupdates

Just like MBAs are expected to be strategic thinkers and great leaders so are they expected to be devoid of certain traits that could adversely affect their future in the corporate world which poses a competitive environment. Yes, one flaw characteristically and your game is over! MBAupdates has put together some characteristics that one must be avoided by habit in order to falter any steps on your climb up the corporate ladder. Read on to know how to make yourself a better MBA by avoiding the removing the traits from your being as a whole.

Unpunctuality

What did the MBA teach you? The first thing that is taught was the management of time. Being on time and working on time with effective deliveries of projects or products will take one a long way unlike the unpunctual habits that will reflect a sloppy and lackadaisical attitude. Being unpunctual clearly reflects that you do not care about the job at hand; it reflects you treating it as a second fiddle.

Disorganised

Organisational skills go a long way be it your own entrepreneurial business or a corporate multinational. Organisation of thoughts, business processes, operations, employees, work, and results is what drives businesses to higher levels of growth and converts individuals into business leaders. If you can organise you can manage time and time is success truly, at least in this day and age.

Uncooperative

If you want to rise to the echelons of power, then this is the time for you to make it large by being co-operative. Take a simple example. Why do politicians have followers, party people? This is because each needs the other and they work as a team. If you want to become a leader you need to be co-operative; co-operative with the needs of the rest and understanding of their motives and decisions. Being intolerant towards people, employees etc. can lead to disrespect for you as a leader. Being accommodating can generate the most respect for a leader or manager.

Lack of Clarity

The lack of clarity can really mislead the manager of a business. Thus, it is important for an MBA to have clarity about what is the purpose of a decision, his business motives, and his business targets and of course all this should happen in direct movement towards the final goal. The goal should be built and clarified before any other work begins.

Selfishly Driven

If an MBA is selfishly driven in an organisation, the organisation will go nowhere and neither will the person himself. He needs to generalise the cause of being profitable for all to make his organisation profitable. Only if he works for his employees, will his employees work for him.

Thus, there are some traits that a budding MBA should definitely avoid if he wants to succeed in his office or his business space.

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Does Online MBA really help?

10:28 | Labels: cat 2013, mba, mba admission, mba notification

We all know what a B-school MBA can do to your career, how far can it take your career and what can it draw out of you to give you what is stands for, the cost-benefit analysis for a standard institution based MBA is understood by all, but what about online MBAs? What is the fabric of an online MBA and its basic cost-benefit analysis for a student? Here are some helpful insights categorized based on essential features raked up after a brain-storming session of the MBAupdates team.

Cost Factor

There is no doubt that an online MBA is much cheaper than standard credit based institutional MBA. For those students for whom finances are mattering the most right now and their choices are only between doing it and not doing it, then here is a good option for you’ll. Do an online MBA if taking a loan for a standard MBA is not even a possibility for you. Though not highly preferred, MBAupdates strongly believes that ‘something is better than nothing’. Talking about the costs of a standard MBA, they are 5 times more than an online course, however, there is a lot missed in an online MBA.

Training

The real purpose for you to opt for a post graduate degree like this is to get the best of the management training. However, MBAupdates says it very upfront that online as far as training goes, MBA are not match for on-site MBAs. In fact, the reasons are here for you to see. Practice and practical training are the key features imparted while in an MBA course; be it with learning the mere using of office tools in great detail or giving presentations and getting rid of stage frights. On-site MBA makes you mingle, talk, and discuss issues with like-minded competitive people giving an insight in to the competition and life that awaits you at the first step on the corporate ladder outside the college campus. It teaches you communication and strategies. An online MBA cannot do all this for you, even though it is cost effective. It fails to teach you time management and certain other essential skills of the trade that ultimately home you towards being a better MBA. Basically, it fails to impart practical experience which is a must considering it’s an MBA that you have opted for.

Placements

Online MBAs find no placements. No companies, corporate or multinationals offer themselves as first grounds for online MBAs. This makes it very difficult for the fresher MBAs to find their home ground to begin with. This is a major drawback.

Thus MBAupdates’ final verdict suggests students to try going in for a standard institutional MBA unless the matter of money and time are really impediments forcing them not to pursue studying an MBA at all. If that is the case then opt for an online MBA.

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3 business tips for interns

11:53 | Labels: cat 2013, mba, mba admission, mba updates

Management skills are not the copyright of MBAs only. They can be acquired by all and should be indeed! They can be honed anywhere and there are some basic management skills that one should definitely implement in office, whether you are a post graduate management student or not. These skills don’t require you to do an MBA; just simple practices chalked out well and strategized to perfection can bring the same results for you as it would to anyone else in your office. Here, is a lowdown on some essential MBA skills researched and sculpted by *MBAupdates* that every non-MBA inculcates as a part of their daily habits. Communication Concord Communication is an essential factor guiding your potential to flourish. Communication entails communication with everyone, be it, the boss, the seniors, your reporting boss, or your parallel colleagues. Opening doors to communication with your seniors and duly informing them about each effort taken by you is a strategic way to make them realize you’re at work and you are constantly contributing yourself in some way for the betterment and growth of the organization as well as the adding value to your area of work. Error free and lucid communication channels make way for informed decision making. However, your reputation is at stake unless your communication, whether written, verbal or pictorials is error free. Relationship Building Your growth and potential can be easily charted keeping your relations in place. Being the bad books of even one essential entity in your organization can alter your efforts to nil. Thus, make sure to build strong and friendly relations with all. Most of the people in office spaces are not here to make long term friends, so don’t go ahead with those intentions, in place, build relations in the form of give and take; give and take. Don’t keep to yourself, share knowledge even if people don’t share it with you. Your strategy here is to build relations for your interest not to calculate and if you are getting more or less that you’re giving. Opinions Matter, When? Opinions and judgments matter, but make sure these judgments are not personal judgments, judgments about colleague, their work profile, their salaries and their work. Your opinions should be business related and should be most opined during business meetings and other professional gatherings where you can draw some mileage out of their substance. Opining your thoughts and ideas in a clout of colleagues in a lunch room is not going to get you anywhere. These are some of the basic and essential skills that should be trained to achieve the best in an office space. Always remember, office spaces are breeding grounds for senseless rumors and tough cutting edge politics that can make or take cones’ career away from them, hence use these as daily manage met mantras for the best.

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Why NOT to ignore Current Affairs?

10:34 | Labels: cat 2013, mba, mba admission, mba notification, mba updates

Which field on this planet is not developing? What experiences zero growth? Nothing! Who said only technology keeps updating it adding value embellishments all the time? In fact, the gamut of knowledge grows faster than the speed of light. Different situations lead individual, companies, organizations and even countries to think of different solution for their data set of trouble. Thus, every new solution thought of by them is an addition to the value of knowledge which could again lead to contesting solutions that could be debated again leading to one more data set of knowledge. Thus each new happening, each new flash adds immense education value whose knowledge will add to your decision making power. Here are some reasons why MBAs should get their hand on the daily newspaper more often.

Group Discussions

As far as MBAs goes current affairs stands tall in front of them in the group discussion. This is the time for intensive reading of newspaper; eminent magazines, education debated and good books. They could come handy in altering the path of your destiny to enter a top-notch business school. Group discussions are in fact very competitive where no amount of knowledge is an upper limit.

Decision Making

Post business school when you enter a work space, whether in India or even abroad, you being an MBA are going to be on managerial level where decision making would be definitely be a part of your job profile. For e.g. Any decision you take could take at work, with respect any deal without readings your competitor’s stance published on the front page of the newspaper could cost your company millions and it could probably cost you your job too. A daily read of a business newspaper would definitely aid you land a job with a good salary hike and promotion. MBAupdates thinks informed decision making is the key to success anywhere.

Policy and Regulatory Changes

Most of the MNCs or even big governmental corporations are driven by their own set of rules and regulations as stipulated by the governmental and other pertaining regulatory authorities. As the tastes and preferences undergo changes, so do the demand and supply situation affecting regulations to fill in the gaps produced at the macro level. This has its effects on the firms and companies working lower wring in the order and thus being an MBA you ought to keep an open eye for current affairs.

First Impressions

Imagine yourself entering a conference with like-minded, informed and well acknowledged people discussing current issues in the limelight and their repercussions on the trade of your company. Would you like someone to ask you a question and you would stare right back at them in denial of the question thrown? Avoid embarrassing situations by being up-to-date on the knowledge front in professional spaces.

Your knowledge about current affairs and the ability to write a short note on any given topic is a resume by itself. No big degrees or accolades are required to develop this; all you need is- the daily newspaper!

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5 Ways to Find the Perfect Internship

3 Ways to Write an Impactful Essay

5 Characteristics That MBAs Should Avoid

Does Online MBA really help?

3 business tips for interns

Why NOT to ignore Current Affairs?

Top 5 International Book Reads for MBAs