MBA at NIT Allahabad: Apply by Feb 28

Thiruvananthapuram: School of Management Studies, Motilal Nehru National Institute of Technology Allahabad, Allahabad, Uttar Pradesh-211004, has invited applications for admission to the MBA Programme for 2015-16.

There are 93 seats for the Programme. Category reservation will be applicable as per Government of India rules. Applicant should hold a Bachelor's degree or equivalent of minimum three years duration in any discipline, with at least 60% marks or CPI 6.5 (55% or CPI 6.0 in case of candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Differently Abled (DA).

Those appearing for the final year of bachelor's degree/equivalent qualifying examination and those who have completed degree requirements and are awaiting results can also apply. If selected, such candidates will be allowed to join the programme provisionally, only if he/she submits a certificate from the Principal/Registrar of his/her College/Institute stating that the candidate has completed all the requirements for obtaining the bachelor's degree/equivalent qualification on the date of the issue of the certificate. However, marks sheet of qualifying examination must be submitted to the office of Dean (Academic) within six weeks from the last date of registration, failing which the admission shall automatically be cancelled.

Applicants must have valid score of CAT-2014.

Applicants can be submitted on-line at https://academics.mnnit.ac.in/fresh_mba/index.php in two steps. 

In Step 1, applicant should register by filling personal details. An application ID will be provided in this step. This may be noted down for subsequent steps. In Step 2, online filling of application form has to be done. Applicant has to use the application ID obtained in step I and date of birth to login. Before starting the online filling of application form, applicant should ensure to have soft copy of passport size photograph in JPEG (up to 30 kb) format. After login, applicant has to follow the instructions for filling application form. Application fee is Rs.1200/- for OP and OBC categories and Rs.600/-for SC/ST categories. This may be paid through SBI-MOPS (either online payment by internet banking, credit card/debit card or offline payment by chalan). After submitting the application, applicant should take print out the form, paste a copy of the same photograph which was uploaded, attach all required documents and send the documents to the Admission Cell Office of the Dean (Academic) Motilal Nehru National Institute of Technology Allahabad Allahabad, Uttar Pradesh-211 004, with the envelope super-scribed, ‘Application for admission in M.B.A. programme; Session 2015-16’

Online application can be filled till 11.59pm on February 28, 2015 for online fee submission. For offline submission, it will be only up to bank timing. The submission of Form after filling online application can be done till 5.30 pm on March 10, 2015. 

Applicants will be short listed for Group Discussion and Personal Interview (GD and PI) on the basis of CAT Percentile. The MBA Admission Committee may decide the minimum CAT Percentile as short listing criteria for different categories. Group Discussion (GD) and Personal Interview (PI) will be conducted at the Institute. Final selection will be made on the basis of CAT percentile and marks obtained in Group Discussion & Personal Interview.

The list of short listed candidates for GD and PI will be announced on March 17, 2015. GD/PI will be on March 28, 2015. First list for admission will be declared on April 13, 2015.More details related to the time schedule are given in the website.

The total fee excluding mess charges for the different semesters will be as follows:  1stSemester-Rs. 28,176/-; 2ndSemester -Rs. 25,625/-; 3rdSemester- Rs. 26,376/- and 4thSemester- Rs. 25,625/-.

MBA 2015 Admission at Christ Uty

Kochi: Christ University has invited applications for admission to the following program of the academic year 2015-16

MBA (Kengeri campus/Main Campus)

Specializations: Finance/ Marketing/ Lean operations and systems.

Two Years, 6 Trimesters

Eligibility:

I) A composite score of 600 or above in the Management Aptitude Test (MAT) conducted by AIMA in either September - 2014 and December 2014 OR 70 percentage or above in the Common Management Admission Test (CMAT 2014) OR 70 percentile or above in the Common Admission Test 2014 (CAT) conducted by the Indian Institutes of Management (IIMs) OR 70 percentage or above in the Xavier Aptitude Test(XAT) 2015 OR 70 percentage or above in the AIMS Test for Management Admissions (ATMA) 2014.

 

And

 

 II) Pass in undergraduate level programme with an aggregate of 50% marks or equivalent grade. (Applicants who are in the final year of their studies should have an aggregate of 50% marks or above in all the Semesters / Years of undergraduate examinations conducted so far). Students writing their final degree examinations during March-May 2015 are also eligible to apply.

Application Process:

Online Application is available on website link: http://app.christuniversity.in

Only ONE application form will be accepted for each candidate. 

The Application fee is INR 1200 which can be remitted at SBI core banking branches in the prescribed SBI Challan Format available on the website www.christuniversity.in or through the payment gateway option, with a valid Credit/Debit Card/Net banking facility 

Important Dates:

January 20, 2015: Last day of submitting the application online

January 23, 2015: Last date for receiving Supporting Documents

January 25, 2015: Group Discussion, Micro Presentation & Written Skill Assessment

January 25, 2015: Publishing of Group Discussion and Micro Presentation Results

January 26?28, 2015: Personal interview

January 29, 2015: Publishing of Final selection list

MBA Programs Admission to @ CHRIST University, Bangalore 2015

Christ University announces admissions in MBA 2015-16 

Institute: Christ University, Bangalore

Christ University was established in 1994 and the main campus is located in Bangalore. The institute offers full time MBA and BBA degree. The application procedure for admissions to MBA programme for the batch of 2015-16 has started and will continue till January 20, 2015.

Eligibility: For MBA programme in the Kengeri and main campus, a score of 600 or above in MAT 2014, 70 percentile or above in CMAT 2014 and CAT, 700 percentile or above in ATMA 2014 or XAT 2015 is required by the candidates.   Also 50% marks in bachelor’s degree from a recognized institute are required by the candidates to apply.

Application Form: Students can apply for the programme by filling the application forms online on the official website. Candidates must fill in the personal, educational and other basic details in the form along with the applicable fee.

Selection Procedure:  Candidates at first are shortlisted on the basis of MAT/ATMA/CAT/XAT and CMAT, after which they are called for GD and PI rounds.The table explaining the selection procedure for the MBA programme is given below:

Process	Particulars	Venue/Centre
Group Discussion (GD) Micro Presentation (MP)	Group Discussion for 35 minutes for each group and Micro Presentation for 90 sec/ student in a group	Bangalore, Kolkatta, Ranchi  (The venue details will be released on or before December 31, 2014)
Personal Interview (PI) Writing Skill Assessment (WSA)	Candidates will be asked to write on topic for not more than one A4 size sheet and for not more than 10 minutes	Bangalore, Kolkatta, Ranchi  (The venue details will be released on or before December 31, 2014)
Academic Performance	Assessment of past performance in Class 10,  Class 12, and Degree	Bangalore, Kolkatta, Ranchi  (The venue details will be released on or before December 31, 2014)

Important Dates: The Important Dates and the venue of the events are provided in the table

Date	Events	Venue/Website
October 1,  2014	Application available online	www.christuniversity.in
January 20,  2015	Last day of submitting the application online	www.christuniversity.in
January 23,  2015	Last date for receiving Supporting Documents	Christ University Bangalore
January 25,  2015	Group Discussion, Micro Presentation & Written Skill Assessment	Bangalore, Kolkatta, Ranchi and NCR (The venue details will be released on or before December 31, 2014)
January 25,  2015	Publishing of Group Discussion and Micro Presentation Results	Bangalore, Kolkatta, Ranchi and NCR (The venue details will be released on or before December 31, 2014)
January 26 – 28, 2015	Personal interview	Bangalore, Kolkatta, Ranchi and NCR (The venue details will be released on or before December 31, 2014)
January 29 , 2015	Publishing of Final selection list	www.christuniversity.in

Top MBA Destinations - in the world

• USA

The first level of higher education in USA is called “undergraduate,” and it awards a Bachelor of Arts (BA) or Bachelor of Science (BS) degree.

Most USA study programs for undergraduates require four years of study, and usually a completed secondary school education is sufficient to enroll as an undergraduate student. First-, second- and third-year students of foreign institutions of higher education can transfer into U.S. undergraduate degree programs.

Any student desiring to study in USA should be aware that Graduate degrees refer to Master of Arts (MA), Master of Science (MS) or Doctorate of Philosophy (PhD). Students who have already received their first higher education diploma, either a BA or BS in the United States or the equivalent, are eligible to apply to graduate programs. The MA and MS degrees through education in USA are usually awarded after two years of study. The Ph.D. is the highest academic degree amongst the USA study programs. This degree follows an MA or MS and typically requires at least three years of study and a lengthy dissertation.

• UK

Before applying to UK study programs you may have completed your secondary studies from your country but unfortunately they will not be initially accepted if you want to study in UK. For this you will have to undergo a one year International foundation course to bring your qualifications up to the required mark, acceptable for the course you want to take up to study in UK.

Undergraduate Degrees in UK study programs and their Duration
All undergraduate degree courses in UK study programs last for 3-4 years. This however does not include the Degrees in Medicine, Veterinary Sciences, Veterinary Medicine and Dentistry which are of 5 years duration.

Combined and Joint Honors Degrees
An interesting aspect of education in the UK is that several of them offer two or more subjects for specialization in a Combined and Joint Honors Degree. A Combined Degree in UK study programs is one wherein different subjects are studied but do not necessarily bear equal importance. A Joint Degree in UK study programs however is one wherein two subjects are studied and they bear equal importance. These two subjects may be closely related or distant yet connected in some way.

Sandwich Courses
If you wish to study in UK through Sandwich Courses in UK, you would be involved in both study and work experience. This means that you would be expected to spend a year or two blocks of six months each of your course duration in a working atmosphere related to your course. Following which you would have to return to the University to complete the final year of study. This would extend the duration of the three year course to four years.

Pre-Masters Program
Many UK study programs in different universities provide a one year Pre-Masters program, during which you would study a specialist subject, academic English and study skills that would prepare you for taking up a Masters program eventually.

Postgraduate Degrees
The major Postgraduate Degrees in UK study programs, namely, Masters in Arts, Masters in Science and LLM last for a year whereas Research Degrees in UK, namely, M.Phil and PhD stretch from one to three years. Types of Postgraduate Degrees: Postgraduate Degrees in UK encompass three kinds:

1. Specialist: As the name suggest, if you wish to study in UK, these are advanced degrees wherein you will be able to further enhance your chosen discipline of the Bachelor’s Degree. To be eligible to study under this degree the education system in UK requires you to have completed your Bachelor’s in the same discipline.

2. Conversion: A conversion degree course in the education system in UK caters to those of you who intend to change your choice of subject or stream to pursue postgraduate studies.

3. Research: Again as the name suggests, a research course in UK study programs is the best for you if you intend to take up research in a certain area. Here, you would be able to take up research under the guidance of a course mentor and rather than sitting in a classroom this course entails self-study.

• Canada

The education system in Canada is divided into three tiers. The level of literacy in Canada is very high. In fact, the illiteracy rate is as low as 4%. Special emphasis has been laid on education by the government of Canada. The education system is divided into Elementary education, Secondary education and Higher education. Elementary education in Canada begins at the age of six years and continues till middle school. It is compulsory for every child to attend school. Secondary education in Canada commences soon after elementary education and continues till the age of 16 yrs. Both Elementary and Secondary level education are compulsory in Canada. A child must attend school between the ages of six years to 16 years.

Higher education in Canada begins after the compulsory secondary education. Students depending on their skill sets and capabilities pursue graduate studies which are both professional and vocational in nature. Biochemistry and computer science have been among the fastest growing disciplines at the bachelor’s level in the last five years, closely followed by nursing, sociology and psychology. Canadian universities have earned an international reputation for excellence. Their faculty has recognized research and teaching strengths in areas such as computer sciences, business (including MBA programs), health sciences, law, ocean studies, natural resources and agriculture.

As a bilingual nation, Canada offers superior English as a Second Language (ESL) and French as a Second Language (FSL) programs for students wishing to learn either or both languages.

Professional Status
Full-time students registered in a degree or diploma-granting course are allowed to work on the campus of the institution at which they are registered without the need for an employment authorization. The Off-Campus Work Permit Program allows foreign students at some publicly-funded post-secondary educational institutions in Canada to work off campus while completing their studies. The post-graduation work program allows some graduating students to gain Canadian work experience in their field of study. Canada offers some lucrative professional opportunities in the fields of information technology, telecommunications, medicine, education and law.

• Australia

The education system in Australia is distinguished from many other countries by the Australian Qualifications Framework (AQF). The AQF is unique to the Australia study programs as it is a national system established by the Australian Government that links courses and qualifications. It covers university, vocational and technical education, and school education.

The education system in Australia is divided into a three-tier structure, combining of school education, vocational education & training and higher education together. If one is desirous to study abroad in Australia then it is imperative to know that formal education begins with pre-school and is compulsory until the age of 15-16 yrs. The education system in Australia encourages the student to actively participate in the process of learning. The uniqueness of Australia study programs also lie in the fact that students are encouraged to research and analyze course contents independently or in teams.

Most Australia study programs offered by Universities in Australia provide courses and conduct research in a wide range of professional and academic disciplines. They award associate diplomas, diplomas, bachelors, masters and doctoral degrees, and postgraduate diplomas. Some institutions provide specialist training in health sciences or teacher education. Universities recognize the awards granted of by each other. So, for example, a person awarded a bachelors degree by one institution could be accepted for entry to a masters degree program by another. The qualifications offered by the education system in Australia are recognized globally.

Professional Status
Many international students who have opted to study abroad in Australia and eventually graduated from Australian institutions apply for Independent Skilled Migration. There is a special category for International Students who have undergone any of the Australia study programs.

• Asia

Asia-Pacific is the latest educational destination on the globe. Some of the best education in Asia is offered in renowned universities and institutes like Indian School of Business (ISB) Hyderabad, China Europe International Business School (CEIBS), Nanyang Technological University, Singapore (NTU), National University of Singapore (NUS), Asian Institute of Management (AIM), Manila, etc. Studying in Asia is the latest trend primarily because of the new emerging economies, making Asia a fascinating place to learn and work. Asia has become the preferred study destination because of the diversity, innovation and tremendous growth in the economy.

Most Asia study programs offer international Bachelor-Master-PhD degrees. After successful completion of the programs students are awarded degrees or diplomas that are officially recognized by the relevant authorities and accepted internationally. In most Asia study programs, Bachelor’s degrees are awarded after the completion of undergraduate studies, which lasts 3 or 4 years. Master’s degrees are offered after completion of graduate studies, which last 1-2 years. PhD studies take normally 4 years to be completed, consisting of independent research and a dissertation.

A growing number of Asia study programs offer international study programs with English as the main language of instruction. If one were to study in Asia, one would find that there is hardly any conceivable subject area, and any common or rare specialization, in which there is not an English-Language-Taught Degree Program available in some college or university of Asia. Any person desirous of education in Asia will now find that most programs in English are common and hugely popular in the areas of business and management, and science and engineering.

• Europe

The education system in Europe is one of the oldest and most popular. Europe offers international Bachelor-Master-PhD degrees. Those desirous to study in Europe are students awarded degrees or diplomas after successful completion of the programs. These degrees and diplomas are officially recognized by the relevant authorities and accepted internationally. In all the European countries, traditional degrees offered in Europe study programs are being phased out and replaced by a Bachelor’s, Master’s and PhD degree structure. All Europe study programs now offer Bachelor’s degrees which are awarded after the completion of undergraduate studies, which last 3 or 4 years. Master’s degrees are offered after completion of graduate studies, which last 1-2 years. If one were to study in Europe and complete his/her PhD, it would normally take 4 years, consisting of conducting independent research and writing a dissertation.

A growing number of European higher education institutions offer international study programs with English as the main language of instruction. In the education system in Europe, there is hardly any conceivable subject area, and any common or rare specialization, in which there is not an English-Language-Taught Degree Program. To study in Europe now has become particularly advantageous, because programs in English are in particular common in the areas of business & management and science & engineering.

Any foreign student, who wants to study in Europe, can also follow study programs in other European languages: German, French, Dutch, Swedish, Finnish, Danish, Norwegian, Greek, Spanish, Italian, or Portuguese, provided that they have sufficient knowledge of that language.

One salient aspect of Europe study programs is the project called Erasmus. Erasmus (“European Community Action Scheme for the Mobility of University Students”) is the European Commission’s educational program for Higher Education students, teachers and institutions. This education system in Europe was introduced in 1987 with the aim of increasing student mobility within the European Community, subsequently it was initiated in the European Economic Area countries, and now even in the Candidate Countries of Bulgaria, Romania and Turkey. In 1995 Erasmus became incorporated into the new Socrates programs which covers education in Europe from school to university to lifelong learning. Socrates-Erasmus can involve student mobility, teacher mobility and curriculum development and is based on co-operation agreements between Higher Education Institutions in different participating states.

Professional Status
Some salient features of the degrees obtained from Europe study programs include the status of the European industry, its strength in some sectors and worldwide presence and accreditation of the courses by national authorities and professional bodies.

MBA Specializations

The Graduate Record Examination or GRE is a multiple-choice admission test for applicants to graduate schools. It is mandatory for students seeking Masters Degree or PhD degrees in the US.
General Management Program vs. Special Management Programs

Students have the opportunity to pursue either a general management program or complete a specialization as part of the MBA program. Specializations are a matter of choice, not a prerequisite, and all students receive the same MBA education regardless of whether they complete a specialization. Students should consider their career goals and professional development in settling on a specialization.

As more and more universities offer MBA programmes, it is becoming ever more difficult for candidates to decide on which business school offers the most suitable MBA programme to meet their requirements. Many business schools are digressing from the ‘generalist’ system, which has been the typical MBA model for the last thirty years. Today you can choose from a wide range of MBA specializations, ranging from an MBA in Financial Studies, as well as Insurance and Risk Management Accountancy and Finance, to an MBA in Sports Management, or even an MBA in Technology.

The trend towards one-year niche, or specialist MBAs, designed for particular groups of professional people, appears to be market driven. Some fields may be nearly impossible to enter without specialized training. Research your chosen industry to determine whether a specialty program may be a better alternative for you than a generalist MBA degree.

US schools in particular, reject the specialist MBA model. Their two-year format allows MBA students to be generalists in their first year, whilst specializing in their chosen field in their second year.

Shape your studies to complement all that make you inimitable — education, experience, aptitudes, interests, passions. Famous MBA schools abroad all have their own specialties; for example, Harvard Business School is at the head of the class in commercial management, the University of Chicago Graduate Business School in financial management, and the Kellogg School of Management in marketing.


MBA in Finance
In the US the finance department has become a battleground for business school
supremacy. With the high profile of Wall Street amongst MBA recruiters, finance is one of the most eminent disciplines.

Finance is such an intricate and diverse industry that many schools have large sectors dedicated to the subject. Most of the world’s investment banks are staffed primarily by MBA graduates from schools with a strong background in finance. After several quiet years, demand for MBAs within one of the most popular sectors for business school graduates – investment banking – is back with a vengeance. According to the 2005 Top MBA.com Recruiter and Salary Survey, which canvasses opinions from recruiters in 30 countries around the world, demand is up by 20%, taking it to a level not witnessed since the bursting of the dotcom bubble at the beginning of the millennium.

For the go-getting MBA, whatever his or her gender or racial background, it means that investment banking is rapidly becoming an aspired field. Banks realize that they need to emulate the diversity and experience of their clients and are making great efforts to achieve this through, recruitment, retention and development. Background and potential, however, are just the commencement and it’s consequently no surprise that investment banks are some of the biggest per capita spenders on training and development of all MBA recruiters.

London Business School has long had a dominant finance faculty, which has only been enhanced since it developed the highly successful one year Masters in Finance (MiF) in the mid-1990s. Yet Janet Dobson, Director of the MiF, endorses the view that: “a specialist Masters like the MiF is very different from our generalist two year MBA. It is proposed for finance junkies…76% of our MiF class already have an MBA or management degree.”

MBA in Health (Pharmaceuticals)
Now worth well in excess of $500 billion per annum, the pharmaceuticals industry is a key player in the worldwide economy as more and more MBA s are opting for this trendy field. The industry’s largest market remains North America, which accounts for nearly half of all pharmaceutical sales, with Europe taking second place at around 30% of total worth. However, this may be all set to change over the next decade. While growth in North America hovers at around 8%, both Latin America and Asia are forging ahead with growth figures well into double digits.

Johnson & Johnson is alone expecting to hire as many as 300 full-time and 150 intern MBAs in the 2006-07 season. As is the case in many key industries, MBAs tend to be recruited by the pharmaceutical sector, as much for their potential as for any specific previous experience, although academic training in the sciences or a background in such areas as sales or marketing can sometimes prove to your advantage.

MBA in Consultancy
Most consultancy firms see a top MBA as a fundamental management entry-level qualification. Without an MBA, it is almost impossible to become a senior consultant in a top-consulting firm. The MBA seems to have moved from a ‘nice to have’ to a ‘need to have’ qualification for those set on an international management consultancy career. According to the Survey, top consultancies are predicting average base salaries for new MBA hires of US $94,000, while one North American firm has reported making offers of as much as US $117,500. Average salaries for MBAs graduating from US schools are on the whole only very slightly higher than those from European schools. 2006 is revealing consulting job listings running well ahead of 2005, and has seen increased hiring from all the major strategy consulting firms as well as the systems integrators like Accenture, IBM and Cap Gemini. Accenture customarily hires between 10,000 and 17,000 people, globally, each year.

MBA in Information Technology
Students interested in careers in management consultancy, software or database development, enterprise management systems, telecommunication and business analysis must opt for the specialization and will be recognized as having a thorough IT background. IT graduates play essential roles on the business team, typically designing and implementing hardware and software solutions to business problems. They hold professional positions in areas such as client/server or web applications development, systems analysis and network administration. They constitute the important workforce as technical and management professionals in a variety of industries. Students obtaining such a certificate usually acquire positions in the top management consulting firms or as strategic analysts in the transportation, telecommunications, and financial sector.

Graduates are expected to possess the appropriate knowledge, experience and skills to adapt to change in this dynamic field through a lifelong learning process. They are prepared to help shape twenty-first century organizations in a rapidly changing, globally competitive, technologically sophisticated environment. The program is designed to develop a diverse and integrated group of experts armed with the necessary skills for building new entrepreneurial ventures.

MBA in Telecommunications
Technical convergence changes everything. An MBA in this particular field equips students with a global vision of the business convergence process currently taking place and poised to form one of the major industries of the 21st century. A full time program from Instituto de Empresa Business School organized in collaboration with Accenture, international leading partner, is oriented to innovative professionals of any background who want to plan a career path in the digital economy, either as a key player in a leading multinational or as an entrepreneur.

Telecommunications have made huge leaps forward in the past two decades. It is one of the fastest growing industries in the world. The emphasis is on the value added services, such as e-mail, cellular phones, WAP etc in developed countries and in improving basic telephone availability in the developing countries. This sector plays a key role in encouraging growth in the industrial and services sector.

MBA in Media
This one-of–a kind MBA is geared to professionals already working in media. It was specifically designed to provide graduates with the foundation, skills, and competencies required to both understand and function within the complex legal, ethical, economic, and social dimensions of media management.

Admission to this program requires entering students to have prior media, art or media related business expertise. Students come from a wide array of backgrounds in communication arts; radio; television; film; music; fine arts; gallery and arts administration; museum administration; law; education; business management; marketing; public relations; creative writing; journalism; multimedia; publishing; e-commerce; theatre; dance; and opera.

Each semester combines academic study with actual managerial experience. In the first semester, students focus their efforts on creating a comprehensive business plan for a media-related venture designed to satisfy a need, realize an opportunity, or address a challenge within a given media industry. In the second semester, students implement aspects of their business plans and in the third semester they develop and implement a marketing plan to promote their respective media ventures
Schulich offers Canada’s only MBA with a specialization in arts and media administration. The specialization is suitable for students who have either work experience in the cultural sector or an undergraduate education in areas of the arts such as music, theatre, dance or the visual arts, or areas of the cultural media such as film studies or literary studies. Schulich graduates from the arts and media administration specialization fill such positions as: general manager and marketing and development directors of major performing and visual arts organizations; cultural policy analysts at all levels of government; owners of entrepreneurial endeavors in the cultural sector; and business managers in the film industry.

MBA in Services
The financial services sector is undergoing profound and rapid change. Organizations require professionals who understand the dynamics of the industry, and the broad direction and implications of the forces of change. Such professionals must have a strong foundation in skills that will be relevant to a critically important and fast-changing industry. These skills include areas such as marketing, strategy, real property development and organizational behavior/industrial relations. They also include finance and financial engineering skills, which are particularly relevant to manage risk in the sector. The program is designed to compliment these skills by providing students with an appreciation of how this important industry sector is changing, and the implications of this change for the application of these skills. The program adds value to students who wish to work in the financial services industry.

The program stresses relevance as well as rigor. To this end, it is committed to developing relationships with firms and senior executives in the financial sector that can provide ‘real-world’ perspectives on current issues.

GMAT Accepting Business Schools in India

In India, the GMAT exam is accepted for admissions at more than 150 programmes offered at 74* business schools.
GMAT accepting schools in India include:

• Acharya Group of Institutes, Acharya School of Management
• Adani Institute of Infrastructure Management
• Aegis School of Business and Telecommunication
• Alliance University, School of Business
• Amity Business School
• Amrita Vishwa Vidyapeetham, Amrita School of Business
• Apeejay Education Society, Apeejay School of Management
• Apeejay Stya University, School of Management Sciences
• Asia Graduate School of Business
• Bangalore Institute of International Management, B I I M
• Bangalore Institute of Management Studies (BIMS)
• Birla Institute of Management Technology
• Centre for Management
• Disha Education Society, Disha Institute of Management and Technology
• Europe Asia Business School
• Galgotias Business School
• Ganpat University, S. K. Patel College of Pharmaceutical Education & Research
• GITAM University, GITAM School of International Business
• Goa Institute of Management
• Great Lakes Institute of Management
• Grow Talent Company Limited, School of Inspired Leadership
• ICFAI Business School, ICFAI Business School, Hyderabad
• ICFAI Business School, ICFAI Business School, Mumbai
• IFIM Business School
• IILM Graduate School of Management
• IILM Institute for Higher Education
• Indian Institute of Foreign Trade
• Indian Institute of Management Ahmedabad
• Indian Institute of Management Bangalore
• Indian Institute of Management Calcutta
• Indian Institute of Management Indore
• Indian Institute of Management Kozhikode
• Indian Institute of Management Lucknow
• Indian Institute of Management Ranchi, IIM Ranchi
• Indian Institute of Management Rohtak
• Indian Institute of Management Tiruchirappalli
• Indian Institute of Social Welfare and Business Management
• Indian School of Business
• Institute for Financial Management and Research, IFMR
• Institute for Technology and Management, ITM Business School
• Institute of Management Development and Research
• Institute of Management Technology, Ghaziabad
• Institute of Management Technology, Hyderabad
• Institute of Management Technology, Nagpur
• International Management Institute of India, Bhubaneswar
• International Management Institute of India, Kolkata
• International Management Institute of India, New Delhi
• International School of Management Excellence
• K. J. Somaiya Institute of Management Studies & Research
• Kalinga Institute of Industrial Technology, School of Management
• Lovely Professional University, Department of Management
• Maharashtra Institute of Technology (MIT), School of Telecom Management
• Management Development Institute
• Mudra Institute of Communications, Ahmedabad
• Mysore Royal Academy, MYRA School of Business
• NMIMS University, School of Business Management
• O.P. Jindal Global University, Jindal Global Business School
• Praxis Business School
• PSG College of Technology, PSG Institute of Management
• Punjab Technical University, Aryans Business School
• S. P. Jain Institute of Management and Research
• Seshadripuram Institute of Management Studies
• Sharda University, School of Business Studies
• Siva Sivani Institute of Management
• Spicer Memorial College
• St. Mary's Educational Society, South State Business School
• T. A. Pai Management Institute
• Tata Institute of Social Sciences
• TERI University, TERI School of Advanced Studies
• The National Management School, National Schools of Business and Management Private Limited
• Universal Business School
• VIT University, VIT Business School
• Xavier Institute of Management, Bhubaneswar
• XLRI Jamshedpur

MBA – Alliance Ascent College

MBA – Alliance Ascent College

Alliance University

Master of Business Administration (MBA) The two-year, full-time Master of Business Administration (MBA) degree course follows a rigorous, relevant, contemporary and progressive curriculum. It is designed, developed and delivered to ensure high-quality education to graduates and is taught by accomplished full-time and visiting faculty. The course consists of core subjects followed by elective subjects that reflect the student's chosen area of specialization—Marketing; Finance; Organizational Leadership and Strategy (OB & HR); and Operations. Students are encouraged to choose an area of specialization that suitably matches with their interests and skill sets. The specialization subjects include a field-based Industry Internship Program and a Dissertation, at the end of the course. On the successful completion of the 24-months course, a student is awarded the Master of Business Administration degree by Alliance University, Bangalore. Additionally, the Center for Foreign Languages at the Alliance Ascent College offers intensive language proficiency training in widely-spoken foreign languages, which enables its graduates to acquire the skills to understand global business practices and styles in management. Key Features • A two year, full-time course comprised of four semesters • Contemporary, relevant and progressive curriculum • Delivered by highly accomplished faculty and embellished by renowned industry practitioners • Project-based training throughout the course, which includes an Industry Internship Program and a Dissertation • Electives begin in the first year of the course • Continuous evaluation method using an honor point system in the calculation of Grade Point Averages (GPA) • Placement facilitation in reputed companies and across key industry sectors The learning methodology is primarily experiential in nature with a focus on the application of concepts. The methodology includes the following, based on the requirements of specific subjects: • Interactive lectures • Case study analysis • Classroom projects and exercises • Class simulations and games • Group presentations • Study of contemporary articles from journals • Field projects and company visits • Video presentations • Expert guest lectures • Activity labs

MBA- Alliance School of Business

MBA- Alliance School of Business

Alliance University

MBA

Alliance University is counted among the top universities in India and offers MBA courses at the Alliance School of Business, which is ranked among the top MBA colleges in the country. The Master of Business Administration (MBA) course offered by Alliance School of Business, Alliance University, is the flagship course of the School and is accredited by the International Assembly for Collegiate Business Education (IACBE), USA—a premier international accreditation body for business management programs. Crafted with utmost care and with the cooperation of academics and practitioners worldwide, the curriculum offered is rigorous, contemporary and forward-looking. The course is designed to equip graduates with the skills, abilities and knowledge that will enable them to take up positions of higher responsibility in the corporate world anywhere, or to become entrepreneurs.

The Master of Business Administration (MBA) course curriculum consists of general management subjects, core subjects and elective subjects that reflect the student's chosen area of specialization, which includes: Marketing, Finance, Organizational Leadership and Strategy (OB & HR), Operations, Retail, Banking and Financial Services, Hospitality, Entrepreneurship and Family Business, International Business or Communications. One of the differentiating features of the curriculum is the range and depth of electives, which are industry-specific and where rigor and relevance are appropriately balanced, resulting in the greater marketability of graduates. The specialization areas include a field-based Industry Internship Program and a Dissertation. Students are encouraged to choose an area of specialization that suitably matches with their interests and skill sets. A specialization area is offered in the MBA course only if a minimum number of students enroll in it.

Specializations

• Marketing
• Finance
• Organizational Leadership and Strategy (OB & HR)
• Operations
• Retail
• Banking and Financial Services
• Hospitality
• Entrepreneurship and Family Business
• International Business
• Communications

Key features

• The Master of Business Administration (MBA) degree is awarded by Alliance University
• Full-time; 24 months
• Global perspective and focus
• Alliance School of Business is accredited by the International Assembly for Collegiate Business Education (IACBE), USA—a premier international accreditation body for business management programs
• Certified by the International Organization for Standardization with an ISO 9001:2008 Certification
• Rigorous, relevant, contemporary and progressive curriculum
• Delivered by accomplished full-time faculty and embellished by international adjunct faculty
• Extensive industry interactions
• Regular updating of elective subjects to reflect the needs of industry
• Continuous evaluation method using the honor point system for the calculation of Grade Point Averages (GPA)
• Articulation agreements with leading universities and institutions abroad provide for student exchanges, internships, short-term certification programs and dual-degree opportunities
• Study abroad programs
• The course comprises Core Subjects, Elective Subjects, Industry Internship Program and Dissertation
• Comprehensive learning methodology

The learning methodology is primarily experiential in nature with a focus on the application of concepts. The methodology includes the following based on the requirements of a specific subject:

• Interactive lectures
• Case study analysis
• Classroom projects and exercises
• Class simulations and games
• Group presentations
• Analysis of contemporary articles from refereed journals
• Field projects and company visits
• Expert and guest lectures
• Activity labs

Admission to the Master of Business Administration (MBA) course at the Alliance School of Business, Alliance University is strictly based on merit.

Eligibility

• Bachelor's degree with a minimum of 50% marks (45% for SC/ST) in aggregate from a recognized University
• A high score in GMAT/CAT/XAT/MAT/ATMA/CMAT

Selection criteria

• Candidates are required to appear for the Admission Selection Process comprised of: Alliance Aptitude Test (AAT)
• Oral Extempore Presentation
• Personal Interview

The School also uses other parameters such as scholastic and extracurricular record and work experience for admission. The final selection of the candidate will be based on the overall performance in the Admission Selection Process.

MBA Sales in Asia 2015

Search MBA Programs MBA Sales in Asia 2015

The MBA is by far and away the most successful degree of the 20th century. Look at the American statistics. The first degree was not given out until the 1900’s. By the end of the 20th century it had a 27% market share of all graduate degrees given out.
MBA in Sales is a program designed for students who want to build their career in the field of sales. In business, marketing and sales go hand in hand towards achieving the reward for sales excellence. In this program, students get to focus on branding and communication, customer relations, channel management, personal selling performance, marketing and sales laboratories
As the largest and most populous continent in the world, Asia consists of a wide variety of ethnic groups, cultures, environments, economics, historical ties, and governmental systems.
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MBA International in Asia 2015

Search MBA Programs MBA International in Asia 2015

Masters of Business Administration (MBA) are postgraduate degree programs in management, in their own league. The MBA is the traditional academic offer for management education. The universities answer to questions from business for a precise and profound qualification for the future and modern managers based on a standardized title. It is frequently shortened as MBA or M.B.A. and in opposition to the Master of Science (MSc) or the Master of Arts (MA) it without a doubt points to one program solely.
With the rise of internet and e-commerce, the world is moving towards e-business or global business. Therefore, MBA International is meant to facilitate all the upcoming business executives who deal with international aspects of business. This degree program also assists in developing intercultural skills in the students.
Students who complete a part of their degree in Asia are growing in numbers. Currently, the second and the third biggest economies are in Asia. Without limitation, students have described their time in Asia as the best experience of their lives. Today, three of the four most populated countries of the world are in Asia: China, India, and Indonesia.
Contact Schools All MBA Programs MBA International in Asia 2015/2016

MBA Dual Degrees in Asia 2015

Find MBA Programs MBA Dual Degrees in Asia 2015

The MBA is by far and away the most successful degree of the 20th century. Look at the American statistics. The first degree was not given out until the 1900’s. By the end of the 20th century it had a 27% market share of all graduate degrees given out.
Nowadays in order to survive in the corporate world and flourish for long every business individual is expected to have diversified knowledge about various fields. Such as marketing finance goes hand in hand. Keeping this in mind the idea of MBA in Dual Degrees has evolved.
Students who complete a part of their degree in Asia are growing in numbers. Currently, the second and the third biggest economies are in Asia. Without limitation, students have described their time in Asia as the best experience of their lives. Today, three of the four most populated countries of the world are in Asia: China, India, and Indonesia.

MBA Programs MBA Retail Management in Asia 2015

View all MBA Programs MBA Retail Management in Asia 2015

Given the power of an MBA and the doors it opens, the network it offers and the problem-solving skills it teaches, business students need to be more engaged in their education and to make a conscious effort to understand what they want to get out of their MBA degree.
Channeling goods and services in the market successfully is very important in business. Companies who made it to the top have survived the ups and downs of this evolving global market. Such that, companies are looking for people who can make their retailing businesses a great success. Having an MBA in Retail Management arms you with the tools to handle the challenging world of retail.
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and comprises 30% of its land area.
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MBA Programs MBA Innovation in Asia 2015

The MBA (Master of Business Administration) is a postgraduate degree that is awarded to students who have mastered the study of business. The MBA degree is thought to be one of the most prestigious and sought after degrees in the world.
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and comprises 30% of its land area.
Contact Schools All MBA Programs MBA Innovation in Asia 2015/2016

MBA Programs MBA Banking in Asia 2015

The MBA is by far and away the most successful degree of the 20th century. Look at the American statistics. The first degree was not given out until the 1900’s. By the end of the 20th century it had a 27% market share of all graduate degrees given out.
MBA in Banking is a program designed for professionals who wish to pursue a career in the banking industry. As the banking sector is constantly changing, professionals who want to boost their career invest on getting an MBA degree. This program provides students with the latest up-to-date developments of learning, skills and ethics to cope up with the challenges in global financial industry.
Students who complete a part of their degree in Asia are growing in numbers. Currently, the second and the third biggest economies are in Asia. Without limitation, students have described their time in Asia as the best experience of their lives. Today, three of the four most populated countries of the world are in Asia: China, India, and Indonesia.

Search MBA Programs MBA Public Services in Asia 2015

The MBA (Master of Business Administration) is a postgraduate degree that is awarded to students who have mastered the study of business. The MBA degree is thought to be one of the most prestigious and sought after degrees in the world.
MBA Public focus degree is organized for those students who are interested in getting the top positions within any organization which is mainly focused on the good of the public and society, like non-profit organizations, public service, public policy, education, and non-governmental organizations.
Students who complete a part of their degree in Asia are growing in numbers. Currently, the second and the third biggest economies are in Asia. Without limitation, students have described their time in Asia as the best experience of their lives. Today, three of the four most populated countries of the world are in Asia: China, India, and Indonesia.

Search MBA Programs MBA Information Systems in Asia 2015

The MBA is by far and away the most successful degree of the 20th century. Look at the American statistics. The first degree was not given out until the 1900’s. By the end of the 20th century it had a 27% market share of all graduate degrees given out.
Having an MBA in Information Systems gives you the opportunity to position your career to a higher level. Some job positions you can acquire are systems analyst, supporting expert and agent of change. These are some of the in-demand, top positions in the global market. Companies need expert analysts to guide their businesses to success that is why an MBA in IS arms you with the knowledge and skills needed by these companies.
As the largest and most populous continent in the world, Asia consists of a wide variety of ethnic groups, cultures, environments, economics, historical ties, and governmental systems.

Types of MBA Programs

Masters in Business Administration (MBA) is the most sought after degree for a successful career in the corporate world. Acquiring an MBA degree is the gateway to a global, dynamic business environment and being a competent professional.
Universities all over the world offer different types of MBA programs, thus allowing the students to study in accordance to their needs and priorities. Apart from the regular full-time MBA program; there are a variety of MBA degree programs which enable the students from different professional and social backgrounds to pursue types of MBA degree programs that suit their need. Most of these MBA programs require a student to submit his GMAT score. These include different types of MBA Programs as:

MBA Online Program

• Online MBA Program is an MBA degree which you acquire through the mode of distance learning.
• As an Online MBA student, you interact with your faculty almost virtually and the academic interaction is facilitated by the use of advanced communication technology like the Internet, video conferencing and e-mail.
• An online MBA program is an ideal program for professionals who wish to progress in their careers but cannot afford to pursue a full-time MBA program or degree.
• This online mba program provides exposure to the emerging knowledge and theories in management and enables the students to balance both their professional and academic lives
• There are many international MBA programs in this format and it is popular as it demands a lesser commitment of time than the regular program as the class work can be scheduled in a flexible manner.
• Online MBA programs is one of those types of MBA degree programs that cut across geographical barriers and provides access to faculty in distant locations
• However, on the flip side, an Online MBA program is not an ideal choice for career switchers since it offers a narrow scope for interaction with faculty and classmates.
• The benefits of scholarships and services such as career placement are usually absent in a distance program.

Part-time/Evening Program

• A part-time MBA program is for professionals who attend classes in the evening after their work hours and wish to enhance their career by an MBA degree.
• A part-time mba program usually offers specializations same as a full-time mba program but in some cases, the number of concentrations is limited. Some part-time programs are as extensive as the full-time programs but are spread out over a longer time. A part-time program is the most effective and focused program for aspiring and ambitious professionals who wish to combine their work expertise with knowledge of contemporary management theories and practices.
• This is one of the unique types of MBA degree programs which can be funded with loan money available for eligible students and sometimes the employers also provide tuition reimbursement as an employee benefit. While considering a part-time program, one should keep in mind a few limitations of this program. Since the students are working, scholarship money is not available and even the career services are quite restricted. In this format, most international MBA programs cannot be converted into a full time since the credits do not get transferred

MBA One Year Programs

• The one-year fulltime MBA program is one of those MBA degree programs which is intensely concentrated and taught over a duration of 11 to 16 months. The program has a high level of competition and provides learning beyond the classroom.
• Like a regular MBA program, this MBA one year program also offers a complete and intensive learning experience which includes career services like campus interviews, social and professional clubs, career counseling and other services
• There are no internship opportunities since there is no sufficient time break between semesters.

MBA Executive Programs

• Executive MBA degree programs (EMBA) are usually company-sponsored programs aimed at furthering the career growth of working executives. These programs groom the professionals in general management skills and aid them in their climb up the corporate ladder.
• The classes are held over weekends and the academic environment is conducive to interactive learning with students contributing their ideas and insights towards the curriculum
• EMBA (Executive MBA) Program is one of those types of MBA programs that differ greatly from a full-time MBA program in many aspects. Since the students are already employed, there are no internships and university scholarships available. The curriculum offers only general management skills and there is no or very limited chances of specialization
• EMBA (Executive MBA ) Program is one of the most popular international MBA programs as it is a beneficial program for executives as it provides a solid foundation in each of the major business disciplines and the students earn their degree in two years or less.
• Pursuing this program involves a high level of commitment since the student has to balance both the professional and academic front and keep pace with the demanding and hectic schedule.
• Most EMBA Executive MBA program students have to devote 80 to 100 hours a week between job and studies. Absenteeism is not tolerated since the classroom time is squeezed especially for the convenience of the students

Executive Education

• Executive Education is one of the different types of MBA program that is broad and an evolving concept, which is being embraced by corporate houses and multinational companies for harnessing the maximum potential of their executives.
• An emerging trend in Executive Education is the bent towards customized programs, which are tailored for a particular concern or company. These programs allow for practical learning on the job and equip the executives with the necessary skill-set to succeed in a dynamic business environment.

Difference between Executive MBA Programs and Executive Education

• Executive Education is one of those types of MBA programs which is all-embracing, comprising of the Executive MBA program along with various other training and development programs created for skill building in executives
• Executive MBA forms an integral part of Executive Education since many corporate houses sponsor management programs for their employees to develop leadership and other crucial management abilities.
• This MBA program forms the core of Executive Education and is a stepping-stone towards the growth of the company and its resource pool.
• Executive Education is a continuously on-going process which is undertaken by the company to constantly nourish the intellectual vitality of its employees.

Specialty Degree in Management Education

• Though there are different types of MBA programs and a specialty degree in Management Education is career-specific and offers intensive training in a chosen field
• Unlike an MBA degree, it does not offer a general background in management education. There are various areas in which one can acquire a specialty degree, like Computational Finance, Industrial Administration, Health Care, Public Accounting, and others. It is advisable to research your chosen industry since some fields are accessible only after specialized training.

MBA Level -Post Graduate Programme in Agribusiness Management (PGP-ABM)

MBA Level -Post Graduate Programme in Agribusiness Management (PGP-ABM)

Indian Institute of Management, Ahmedabad

Indian agriculture faces numerous challenges with rapidly changing business environment, pace of technological change, globalization, competitive environment and changing role of government. These challenges will place unparalleled demands on the capabilities of tomorrow’s managers. IIMA is one of the few management schools in the world, which offers Post Graduate Programme in Agribusiness Management (PGP-ABM) to prepare managers, business leaders and entrepreneurs in food and agribusiness sector to respond to the challenges faced by the sector. The institute's commitment and expertise in agribusiness sector dates back from its inception when the institute had accepted managerial issues related to undermanaged and socially important sectors – particularly food and agriculture - as part of its thrust area.
The Post-Graduate Programme in Agri-Business Management (PGP-ABM) is a full-time two year residential programme specially designed to prepare students for careers in management related to agriculture, food, agri-business, rural and allied sectors of the economy. What makes this sector-specific programme special compared to many other agribusiness management programmes is that it is firmly rooted in IIMA's "management" culture and proficiency as opposed to either technical or economic-based backgrounds and cultures present in other programmes.
The main objective of the programme is to develop young men and women as competent professional managers for agriculture, food, rural, and allied sectors. The programme caters to the needs of enterprises serving these sectors, both domestic and international. The programme specifically attempts to:

• Equip students with requisite knowledge, skills, and attitudes for managerial decision making and implementation in the unique context of agri enterprises;
• Encourage entrepreneurial spirit in students to make them effective change agents in the agri enterprise sector; and
• Develop in students capabilities to become leaders and nurture in them a commitment for integrity and ethics informed by social purpose.

The programme prepares students for managerial and entrepreneurial careers in enterprises serving or dependent on agriculture and allied sectors.
These enterprises may be engaged in activities such as:

• Production and Marketing of Inputs such as seeds, fertilizers, pesticides, farm machinery and equipment, livestock feed, irrigation, and credit;
• Production, Procurement, Processing, and Marketing of Output such as agriculture (includes crops, livestock, fisheries, forestry, agro forestry, horticulture, dairying) marketing, agro processing, and food processing; 
• Providing Services to Agriculture such as export and import, rural banking, financing agri projects, insurance, logistics, water management, research and development, and rural energy.
  

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MBA Programs MBA Management in India 2015/2016

MBA stands for Master in Business Administration and consists of a program of curriculum that provides a foundation in the core concepts of business, including management, finance, economics, sales, marketing, human resource management, and supply chain management.
Students looking forward to developing management and interpersonal skills to get the top position of their company should opt for MBA Management. This will provide them with worthy career opportunities and build their leadership capabilities.
India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world
Top Rated MBA Programs MBA Management in India 2015/2016

View all MBA Programs 1-year MBA in India 2015/2016

The MBA (Master of Business Administration) is a postgraduate degree that is awarded to students who have mastered the study of business. The MBA degree is thought to be one of the most prestigious and sought after degrees in the world.
1-year MBA programs offer extensive business management studies. Students can get the masters degree in a short span of time and move on with their career hunt. It saves time and money. 1-year MBA program is ideal for on-job learners who opt to study and work at the same time.
Found in the Southern part of Asia, the Republic of India is second most populated country in the world with approximately 1.27 billion people. India has four types of universities; Central Universities, State Universities, Deemed University and Private Universities consisting in over 550+ institutions.
Top Rated MBA Programs 1-year MBA in India 2015/2016

What MBA Information Should I Know Before Applying to a Program?

Whether youíre just starting out in business, or if youíve been working for years and want to go back to school for some additional training, deciding to take on an MBA program can be a big choice. Thatís why itís important to make sure that you understand what will be required of you, learn more about a variety of programs and work towards making a decision that suits your personal and professional needs.
First and foremost, youíll want to consider the reasons youíre going back to school for an MBA. This can have a big impact on the types of programs that will best prepare you for the business world and according the kind of schools that youíll want to apply to for admittance. Schools online and off generally offer a wide range of specialty MBA programs that can allow you to focus in your studies on areas as diverse as accounting and information technology, though some may offer more generalized programs as well. Figuring out your personal interests is the first step to preparing to apply for an MBA program.
Once youíve established the kind of program youíd like to pursue, start looking for schools in your area that offer that line of study. Of course, you shouldnít settle for a sub par school simply because itís nearby. Do your research into the MBA programs offered by any institution by reading about them online and checking out where they rank nationally in terms of MBA programs. If there isnít a school in your area that suits your personal needs, you may want to consider an online program or a combination in-class and online program that will allow you to get your degree without having to travel to a campus several times a week for class. Additionally, youíll want to learn more about the professors who will be teaching you and the type of environment these schools provide, as these will be key factors in your success and how much you get out of the experience.
During your search for the ideal school, also consider the length of each program and the time it will require from you each week. If you plan on working and getting your MBA simultaneously, some programs may make that easier than others with night classes or online flexibility. Different programs may require a different amount of credit hours as well, something that may save or cost you in terms of time and money, factors youíll need to weigh before making your final decisions.
Finally, youíll want to consider the financial aspects of going back to school as well. Depending on the school you choose, getting your MBA may be a fairly costly endeavor. For some, this may be a great long-term investment in a career but for others it may cause a great deal of financial stress. Start looking for scholarship and grant money as youíre considering applying for schools to see whatís out there and available to you to help ease the financial burden of pursuing your business goals.

What do you do for entrepreneurs?

In our entrepreneurship program, we run a business-plan competition with more than 400 students involved and more than $100,000 in cash and prizes awarded to those students. We have venture capital introductions and a business incubator, and we have an entrepreneur-in-residence program. Students want to learn about theory and new techniques, but they also want examples and applications of what they're learning.

How can MBA programs address differences of opinion about curriculum?

There was an interesting book that came out some time ago called MBA: The First Century. Even from the beginning there have been opposites. Some say the MBA has become too theoretical; some say it's too applied. Some say it's too short-term-oriented; some say too long-term-oriented. Some say MBA grads are too ambitious; some say we need more ambitious MBAs. There's a constant debate about what MBA programs should look like.
The problem is getting the right balance. There are 12,000 business schools in the world, and Wharton and a couple hundred others are in business to create new knowledge and disseminate it. We have to get the right balance between theory and practice. We have 2 million subscribers to our journal Knowledge@Wharton, which is published in multiple languages. The reason I'm mentioning that is we're in the business of creating knowledge, and there's an immediate payoff from what we do. If we don't do research that helps firms in the wider world, then we're out of business. We have to prove that the research we do is valuable to businesses.

How can business schools stay relevant?

Business schools have to prove they are a force for good in the world, and that's even more important with things like Occupy Wall Street and the financial crisis. We create economic welfare by creating knowledge and disseminating it so our graduates can go work in business firms and be more effective and more efficient. We have to be constantly innovative.
Entrepreneurship is becoming more and more important in our economy and the world economy. It's a hot topic in the world, and the whole debate in Europe about austerity vs. growth keeps getting back to entrepreneurship. The U.S. has emphasized entrepreneurship for a longer period of time than Europe. You might argue that Wharton has had strong ties to entrepreneurship since it was founded.

Why should an entrepreneur consider enrolling in business school?

It can be somewhat inefficient if you venture forth on your own and have to learn everything as you go. That's an expensive learning experience. But with an MBA focused on entrepreneurship, you have formal courses that will bring you up to speed in finance, marketing, sources of capital--things you could learn on your own but that might be inefficient to do so. It might be more difficult to raise money without an MBA. It's easier if you have the imprimatur of a school behind you. That has some real symbolic value and a network for you, which might turn out to be very important.