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OMTEX CLASSES

“THE HOME OF SUCCESS”

COMPARISION BETWEEN INDIAN MBA WITH OTHERS

Introduction:

The Master of Business Administration (MBA) is a Master's Degree in


Business Administration, which attracts people from a wide range of academic
disciplines. The MBA designation originated in the United States, emerging from the
late 19th century as the country industrialized and companies sought out scientific
approaches to management. The core courses in the MBA program are designed to
introduce students to the various areas of business such as accounting, marketing,
human resources, operations management, etc. Students in the MBA program have
the option to select an area of specialization and focus approximately one-third of
their studies in that area. Accreditation bodies exist specifically for MBA programs
to ensure consistency and quality of graduate business education, and business
schools in many countries offer MBA programs t ailored to full-time, part-time,
executive, and distance learning students, with specialized concentrations .

There are 1600 business schools in India offering two year MBA programs
targeting predominantly fresh graduates without any work experience. Among those
schools, the Indian Institutes of Management (IIM) are the oldest institutions for
management education in India. Admission to any of the IIM schools or other
business schools requires passing the Common Admission Test (CAT), XAT, GMAT,
JMET or MAT each of which qualifies candidates for entrance into any management
institutions in India, apart from these entrance tests there are few business schools
which conducts aptitude test individually which qualifies candidates fo r that
particular business school. The IIM and other autonomous business schools offer a
post-graduate diploma in management (PGDM) which is recognized in India as
similar to an MBA degree.. The curriculum of the PGDM and MBA degrees are
equivalent, although the MBA degree is examination oriented and concentrates on
theoretical aspects of management whereas the PGDM is industry -oriented and
mainly focuses on building soft skills. However, a PGDM holder cannot pursue
Ph.D. since the PGDM is not recognized. Non-government accredited one-year fast-
track programs have proliferated in India, especially for candidates with work
OMTEX CLASSES
“THE HOME OF SUCCESS”
experience. Such programs are commonly known as Post Graduate Program (PGP)
in Business Management.

Problem Statement:
Serious challenges faced in foreign higher education and our nation’s continued economic competitiveness.
Some of the challenges identified are:

Challenges faced by Indian Education

Rankings and global recognition.


Experienced & diverse.
Job prospects.

Challenges faced by Foreign Education

Cost and accommodation.

Hypothesis:
MBA degree is examination oriented and mainly concentrates on theoretical aspects of management. It should
also be industry-oriented and focuses on building soft skills.

Foreign institutions should have their examination centers all over India.

Objectives:

Indian Education:
Improving learning by utilizing new knowledge and instructional techniques.
Internationalizing the student experience.

Foreign Education
Keeping college affordable.
Increasing opportunities for lifelong education & work-force training.

Research methodology
OMTEX CLASSES
“THE HOME OF SUCCESS”
Sources of data-

 Primary data:-such as information from survey forms and questionnaires.


 Secondary data:-such as information from books, internet and news papers.

Note: The collected data has been analyzed and interpreted using accurate statistical data.