Month: December 2022

An MBA is one of the most desired postgraduate study programs pursued by students nationwide and globally. Whether you work in finance, technology, healthcare, operations, business analytics, marketing, or manufacturing, an MBA degree opens up several opportunities that lead to greater responsibility, improved communication, decision-making, leadership abilities, career advancement, and increased rewards. Doing an MBA is an investment in your future. If you are keen on taking on a leadership role and grasping better-earning opportunities to climb the corporate ranks, enrolling for an MBA degree is a promising path. The benefits of an MBA program rely heavily on the abilities necessary to take on high-level corporate strategic decisions and inspire others to perform their best. 

The skills featured in an MBA program include understanding management principles and developing excellent managerial capabilities that will equip you for any lucrative job you may encounter as your career advances. An MBA from a top B-school helps you quickly switch from a mid-level role to a senior managerial role, where you are presented with diverse opportunities to make strategic decisions. An MBA is preferred, though not mandatory, for most job descriptions of senior positions across industries. Once you acquire an MBA degree, you begin to embrace challenges that come your way, and you start appreciating and welcoming possible changes. You get to expand your specialized business skills, which enables you to be better prepared for your role as a manager in the global business world. An MBA degree helps you become agile, future-oriented, and progressive and preps you for broader business developments such as globalization and economic or financial crises.

An MBA requires commitment, perseverance, time, and dedication to qualify. Once you gain knowledge and start putting it into practice, it creates a sense of accomplishment, boosting your confidence as you navigate this competitive professional world. In unprecedented times like these, you will be confident and boost your career credibility to overcome any professional challenge by applying the knowledge and skills you’ve garnered through an MBA. It reveals to potential employers that you have a rich and varied understanding of the business world. In other words, it exhibits your comprehension of the challenges plagued by modern organizations and your ability to mitigate risks by making the most efficient decisions for the organization. With credibility for your career also comes increased confidence that you possess the necessary skills employers are looking for and the ability to market yourself accordingly. Gaining additional knowledge and self-awareness enables you to confidently take on new challenges and responsibilities in classwork and outside the professional sphere. These opportunities will further earn you experience and expertise in a self-reinforcing cycle.

What benefits does an MBA offer?

If you are considering working your way up the corporate echelons and want to learn and hone your skill set, it is the opportune time to enter an MBA program. However, if you are still wondering does an MBA make a difference, this blog will help you decipher the top 6 reasons and the attached career benefits of doing an MBA that will help you make the coveted decision about whether to earn an MBA or not.

1. Opens up new job opportunities for you

Once you acquire your MBA, your number of jobs increases significantly. Human resource management, accounts, statistics, finance, technology, and economics are the only required fields in an MBA program. All these areas qualify an MBA degree holder to work in diverse industries. The advantages of an MBA degree entail applying for positions at a higher level and expanding your professional options.

To move up the chart and get ahead in this performance-oriented professional world successfully, a specific qualification of an MBA degree will help a great deal. You will explore the latest business trends and practices, apply the most naïve management tools and techniques, and better position yourself to improve the business, teams, and organization that you are associated with. Unfortunately, global companies, including household names such as Google, Pepsi, Microsoft, Amazon, Facebook, and Netflix, often hire business school students. Unfortunately, this trend hasn’t changed drastically in the hard-hit pandemic economy.

2. Gives rise to new career paths

Shifting gears and opting for a new career path can sometimes be daunting, mainly if you have worked in a similar industry for years. However, gaining new skills could be the catalyst that can ignite and kick-start your professional journey from one career to the other. Even if your background is not relevant to the positions you are considering, the benefits of doing an MBA extend beyond getting the requisite education needed to help you become a more qualified candidate in today’s fast-paced world. Further, adding to the number of graduate degrees you already possess, an MBA degree does increase the value of your resume, and you can gain the multiple benefits of your hard work and commitment once you earn your degree.

3. Improves your professional skills

One of the significant advantages of doing an MBA is that it confers improved theoretical and practical knowledge of business operations. And a critical component of business success today is having a complement of “soft skills,” such as communication, leadership, business analysis, and teamwork. So whether it’s a promotion you desire or a new venture you are eyeing, having these skills could just be that thin line of difference between success and failure.

Modern MBA programs increasingly stress fostering a student’s personality, soft skills, and communication, allowing them to develop into outstanding advisors ready to take on the world with a fresh perspective on life and the business world. These qualities have emerged as the core skills in recent years, key in managing increasingly complex business and workplace realities. Companies increasingly prefer MBA graduates better positioned to work in a strategic thinking environment. These candidates are more likely to hold top managerial positions owing to their better understanding of the business environment and ability to operate efficiently in a global market.

4. Renders greater job security

Today’s job market is more volatile than ever, leaving many unsettled and afraid of being left behind. A more marketable skill set and increased job stability are just two of the many advantages of an MBA, which may add to your peace of mind. You will be a valuable part of any team thanks to the abilities you acquire as part of an MBA program. Your business credentials will follow you even if you leave your employment, increasing the likelihood that you’ll get back to work more quickly.

Earning an MBA can be a crucial step on an advanced career path that leads to high-level opportunities. This earning potential comes with those positions of authority and leadership and a greater security level in those much-coveted jobs. Besides, an MBA from a prestigious University also broadens your business acumen and aids in your comprehension of the complexities of conducting business nationally and internationally. Selecting an MBA program that attracts students from across the world increases variety in the classroom and makes the conversations more interesting.

5. Expands your professional network

A robust professional network is touted to be one of the most critical yet undervalued assets you can possess in business. Attending business school helps you develop a solid professional network, enabling you to access many job opportunities. In addition, it may come in handy later down the line if you decide to establish your own business. You get to learn invaluable skills essential to succeed in your chosen career from the correct MBA program and have the opportunity to collaborate and build your business circle with a diverse mix of people and establish a long-term network. Unlike specialist courses focusing on one niche, the advantages of an MBA are multi-faceted and focus on a diversified curriculum.

People committed to a specific vocation or industry may benefit from specialized MBA programs, like E-Business, Food & Agribusiness Management, Data Analytics, and Logistics & Supply Chain Management, that have merit and should not be discounted. Even in a general MBA program, you learn various skills that apply to practically any industry or job function, which may be crucial if you’re thinking about changing careers. Pursuing an MBA from a reputed B-school allows you to network and connect with intelligent, talented, and experienced people who can hold top strategic positions in major companies or become great business leaders someday. The credibility of your career will increase as you stand out from the rest. It will increase even further as you are confident in creatively and efficiently handling risks.

In the MBA program at Prestige University, you will collaborate with like-minded students and get your hands on plenty of networking opportunities to meet other professionals. You also foster meaningful connections with several people who can foster a deeper understanding of the business world.

6. Makes you a respected member of the business community

An MBA commands respect from peers and others in your professional community. While the specialization you decide to pursue eventually carries a lot of weight, your enhanced skills ultimately set you apart. Whether you’re launching a new product, reorganizing a department, or starting your own business, do it confidently. Executive Recruiters seek individuals who can lead companies and departments through strategic challenges while providing vision and clarity. Even if you are successful in your current career, you can still benefit from completing an MBA program. An MBA opens up myriad new opportunities, enabling you to seek a promotion, shift careers, or fulfill your entrepreneurial ambitions. After earning your MBA, you connect to an alum network with shared experiences. Then, after you graduate and march forward in your career, this batch of former students can help you discover new opportunities.

 

Prestige University provides you with a firm footing in the business world. It allows you to learn how to make business decisions, maximize production and create effective strategies for your potential employer. In this 2-year Master in Management course, you gain qualifications in management with a scientific and practical orientation and learn the different analysis tools and techniques to tackle complex business problems. In addition, it allows you to focus on your choice of specialization, from Data Analytics & Business Intelligence, E-Business, logistics, and & Supply Chain to Food & Agribusiness and Sustainability Management.

Prestige University offers an ideal opportunity for students seeking an MBA. As one of the most sought-after universities in Central India, Prestige has consistently produced graduates with top skills that employers are looking for. Designed for graduates and working professionals alike, it allows you to engage in interactive networking sessions with your program peers and industry stalwarts for a more immersive learning experience. In addition, the University offers best-in-class content by leading faculty and professionals in the form of videos, case studies, and projects, along with the flexibility to choose a single track or a combination of specializations that allow you to have exposure in inter-related business fields.

If that doesn’t sound convincing enough for you to consider enrolling in the program, Prestige University offers:

• Rigorous and innovative curriculum from leading universities across India and abroad
• Networking opportunities with 2,000+ alums and leading industry experts
• The study material aids professionals in refining their discernment in making confident and potent decisions in uncertainty and risk.
• International learning environment
• Focus on interdisciplinary, solution-oriented learning approaches
• Enhanced experience through industry visits, site visits, and community involvement
• Robust corporate interface through internships, mentoring, lectures, and more
• Industry-oriented curriculum
• Wide range of specialized electives

 

Are you looking to advance your career to the next level? An MBA is one of the most demanded postgraduate degree programs in India. More than 5,00,000 students enroll in MBA programs in India each year, which is increasing yearly. An MBA from a reputed university can open up opportunities and take your career up several notches. You can choose one of the best value MBA programs in India from the several specializations available.

If you can decide on the right specialization early on, it will help you gain a competitive edge and garner added benefits over the years. Traditionally, finance, sales & marketing, HR, operations, and entrepreneurship have been some of the most sought-after MBA programs in India and are considered the safest by many students. However, as time passes, business needs have evolved drastically, especially in the post-COVID era. As a result, greater emphasis is being placed on MBA programs such as digital marketing, agri-business, business analytics, risk management, sustainability management, rural health, e-business, etc.

In today’s job market, the supply-demand gap of trained professionals is either unaddressed or wrongly approached. With faster-than-ever evolving technologies and the ensuing change in consumption trends, we need new-age trained professionals to re-configure business processes. To address this transformation, even the global higher education trendline is moving from general to specialized programs. There is no wonder that with an MBA degree, you are poised to accomplish a lot in life that may not otherwise be possible with any ordinary degree. And while there are industry specializations for nearly every field, it also makes it an overwhelming decision to choose the right one out of many. Each has its merits, and you can have a hard time deciding, but you need to boil down to the one best suited to your interests and skills while keeping in mind the career prospects for the future. To fuel growth and fulfill your dreams, doing just any MBA program may no longer suffice.

Best Value MBA Programs in India Today

While traditional two-year MBA courses are top-rated, short-term executive PGDM courses have recently gained traction because they expose you to real-life business situations and help you leverage business networking opportunities. In addition, colleges are increasingly providing varied specializations that prepare students to harness particular skills in the niche they are most keen towards. For example, Prestige University helps you develop a strong business foundation before dwelling into the best value MBA programs for strategy, from Business Analysis, Logistics and Supply Chain Management to Data Analytics, AgriBusiness, E-Business, and Sustainability Management.

With the constantly changing technology, multiple companies are constantly looking for talented professionals from top-ranked MBA colleges. To ensure you’re aware of your options before you make the coveted decision, we have prepared a list of the most in-demand MBA programs in India you can consider choosing in 2022-23.

1. MBA in Data Analytics & Business Intelligence

As we continue with the growth of the digital revolution, more and more traditional methods of analyzing data are evolving. From big companies like Apple, Starbucks, and Nike to the supermarket near you, everyone is harnessing the power of data in one way or the other, leading to a rise in the demand for data analyst professionals, which will continue to advance at a burgeoning pace. Business Intelligence professionals provide data-driven recommendations to help support and bridge the gap between information technology and business. Both these professions require a strong understanding of data, statistics, maths, and computer science. Those interested in augmenting their understanding of this challenging field should opt for this specialization. The program covers data infrastructure, testing, data visualization, data science, machine learning, big data, artificial intelligence, and decision-making through interactive case studies, independent assignments, group work, and lectures around real-life business problems.

2. MBA in Sustainability Management

Businesses have evolved from society and hence cannot be distinguished from it. The need for Sustainable managers has grown steadily over the last decade, elevating environmental concerns and stringent government policies. However, there is a shortage of managers who can actively support an organization’s long-term goals and resilience through cost savings and lowered risks. To home and creative professionals who can work on today’s complex challenges, embedding sustainability in an organization’s different functions and verticals from all perspectives: economic, social, and environmental, has become paramount. Hence, an MBA in Sustainability Management helps equip students with the intellect to nurture in a resource-sensitive world amid scaling competition and concern for sustainable development. This top-ranked program covers fundamental sustainability concepts, climate change, sustainability reporting, corporate social responsibility, strategies for sustainable business, natural ecosystems, community living, and accounting for sustainability. These help students recognize and appreciate the varied challenges, needs, and ways of addressing the long-term viability of businesses through proper management and optimization of resources without compromising on long-term profitability and competitiveness.

3. MBA in Logistics & Supply Chain

The logistics and supply chain industry has garnered a lot of popularity in recent years. Supply chain management is a cross-functional activity of an organization that requires a broad understanding of business strategy and relationship management in supply networks. Logistics and Supply Chain Management is one of the core pillars of a business, and an MBA specialization in this field is an ideal choice for students who want to run a business efficiently and profitably. It is one of the most sought-after MBA programs in India that produce professionals who form the backbone of an organization’s day-to-day operations. These professionals are instrumental in rendering quality products/services on schedule and at an optimum cost.

With global resilient supply chains becoming an essential part of today’s business, extracting competitiveness and increasing sustainability for an organization from its supply networks calls for particular skills, competencies, and special tools for exploring and managing global supply networks. In this program, students study supply strategies, global sourcing challenges, and the development of purchasing and supply chains. In addition, students are exposed to the different elements of supply strategies and factors of interaction in supply networks. The MBA degree in Logistics and Supply Chain Management from Prestige University provides expertise in strategic supply and supplier management and corresponds to the growing needs of today’s changing business.

4. MBA in Food & Agribusiness

A career in Food & Agribusiness opens doors to a wide range of industries, including, but not limited to, farming, retail marketing, consulting, real estate, and food processing. It encompasses a significant number of lucrative careers nationally as well as internationally. It is ideal for candidates with a background in agriculture, food engineering/technology, and Agri engineering and a graduate in agriculture science or biotechnology. Those keen on agriculture and allied businesses can also pursue this MBA specialization for working professionals in India with promising and high growth prospects. Students enrolled in this program take an integrative approach to different business disciplines and functions of agribusiness and analyze and solve complex business problems in agribusiness.

5. MBA in E-Business

It can be rightly said that online business has revolutionized the global retail industry today. Owing to this, E-Businesses and contemporary businesses undergoing digital transformations need talent with specialized skills. The demand for digitally skilled non-core IT professionals in India is projected to rise by 1.5 lakh in the next two years. E-Business has been booming despite the Covid-19 uncertainties, with sales and revenue growing manifold. This specialization aims to provide students with extensive knowledge about the differences between carrying out business in a traditional set-up and e-commerce. This helps them amplify their ability to strategically manage online business activities while taking care of the common pitfalls of the industry. Students also develop skills to critically evaluate online business decisions’ consequences from a responsible perspective. As a result, they develop a profound understanding of discipline-specific responsibility issues.

Take the Plunge into Your Managerial Career with Prestige University’s MBA

Regardless of which one of the MBA programs you choose, pursuing an MBA can significantly enhance the success of your career. However, it’s crucial to ensure that you’re completing the program from a top-ranked and reputed college to reap the maximum benefits. At Prestige University, we are dedicated to providing students with the most recent in-demand skills in close collaboration with the leading corporates and top business schools worldwide. Furthermore, we aim to offer super specialization programs to fill the evident supply-demand gaps. Best MBA programs for leadership fill the demand-supply gap of trained professionals capable of transforming business processes by adapting ever-evolving technologies & consumer preferences.

The MBA programs offered by the university aim to provide widespread access to management education. It provides adequate study materials, video lectures, sufficient doubt-clearing sessions, and regular assessments. As a result, the university is one of the finest management hubs in Central India today, offering industry-relevant and immersive business education for the driven and determined- changemakers who meet unprecedented challenges with unparalleled grit, vision, and accountability.

• Dynamic Partnerships: Prestige University connects passionate students, expert faculty, and leading organizations to drive innovation and ignite the potential in all by offering diverse perspectives that lead to comprehensive solutions that neither academic nor industry could accomplish in isolation. Prestige University’s partnerships with leading organizations drive innovation, provide thought leadership and infuse academics with the latest insights gained through real-world experience.
• Real-world learning: Experiential learning is at the core of everything at Prestige University, providing students with robust knowledge and influential networks gained in real-world business environments. There is access to various learning opportunities beyond the classroom to gain deep insights, broad perspectives, and the essential soft skills needed to succeed in business and life.
• Research-driven solutions: Faculty at Prestige University design game-changing solutions for business and beyond.
• Experienced faculty: Prestige’s faculty are experienced in several vital areas, spanning leadership for business, business analytics with data science, e-business, and more. They serve as experienced mentors to support graduates’ growth as business leaders.
• Stay up-to-date: From business analytics to change leadership and industry specializations, Prestige’s best value MBA programs allow students to stay up-to-date with best practices and emerging technologies. In addition, it offers diverse options for entrepreneurs who want to advance their businesses and gain real-world skills.

 

The adage goes, “The manager works the produce, and the farmer works the soil.”

Food and Agribusiness is a highly specialized sector that has grown through leaps and bounds in the last few years. With the country’s escalating population, food processing tools and techniques in agriculture production have picked up the pace, and this trend is slated to continue in the years to come. Food and agribusiness is an important industry that affects everyone and is also considered vital economic driver. India’s economy primarily depends on the food and agricultural sectors. Since agriculture makes up a large portion of India’s GDP, students would be wise to opt for agribusiness management in India.

Food and agribusiness education has gained traction and is getting due attention in recent years. It is thus an opportune time to explore and grab opportunities in various fields, including MBA in Food & Agribusiness Management, Food Marketing Economics, Food Technology & Processing, and Post-Harvest Management, among others. As part of these programs, students are prepared for various vocations, including those in the food and fiber sectors, education, agro-business groups, research centers, and retail food businesses.

What is an MBA in Food & Agribusiness Management?

The term agribusiness combines agriculture with business and covers research, development, and training on the food spectrum of production, safety, and security. In addition, it engulfs the impact of various food on cultures, the environment, and the economy. MBA in Food & Agribusiness Management includes crop production, distribution, seed supply, farm machinery, fruit production, breeding, agriculture, retail, sales, and marketing. This field also explains the relationship between demand and supply of different agricultural production yields and food consumption along with food and non-food agro-processing industries thriving today.

Why Agribusiness Management?

While the fundamentals of doing any MBA will remain the same, what makes Food and Agribusiness management a unique and worthwhile specialization is its immense growth potential. Agriculture and allied sectors like forestry, horticulture, and fishing account for 13.9% of the GDP and continue to be the linchpin of the Indian economy. As the industry gains momentum, so will your career trajectory. Hence entering this industry early will give you some of the best opportunities that will dictate the terms for a bright and secure future. 

The other benefit is Food and Agribusiness is a specialized concentration that is still unknown by many; hence the industry has a shortage of professionals, making it the right time to get an MBA degree in the field. This is an industry where, with timely growth, the numbers are sure to improve only in terms of salary and other benefits. 

The industry comes with its challenges and problems. As a trained professional, your problem-solving skills are put to great use. However, even the challenges faced daily in and out of a food and agribusiness unit are unique. Hence this plays a role in helping you realize your true potential.

What is the Scope of an MBA in Food & Agribusiness Management?

Agribusiness is the new future, a multi-disciplinary field that gives ample opportunities in sales, management, research, production, etc. A qualified workforce is required to enter this unorganized sector and take over, making this sector unique and worth studying. According to the US Bureau of Labor Statistics, projected agriculture and food scientists’ jobs are expected to grow 9% between 2020-2030*.

An MBA in Food & Agribusiness Management is an extensively tailored program that forms a strong base and foundation to enter the industry well-acquainted. It is increasing and poses numerous career options. The MBA in Agri-Business Management Scope is not only limited to India but also has its wings spread with opportunities in other parts of Asia and Africa. With the population rising, the scope is brighter than ever and will not likely diminish soon. With digitalization and industrialization spanning the country, traditional means of farming, processing, and other agriculture practices, will soon be replaced by modern and electronic means. As a result, the industry will need skilled and professionally trained food and agribusiness executives to take care of the various operational and management roles in the field.

What are the Objectives of Agribusiness?

Unlike most other Post Graduation programs, MBA in Food & Agribusiness Management will not only prepare you to be a mid-level manager or a team leader, but it will also go beyond. It will help those who want to develop a successful career in the field with associated opportunities in agriculture, land management, input supply, commodity assembly, and allied sectors.

The focus of this program at Prestige University aims to give interested students exposure to both micro and macro environmental factors, along with equipping them with current trends, technologies, and market tools. An MBA in Agribusiness will help you assess the market imperfections, find fixes, and ultimately develop competencies to cope with the complexity and dynamism faced in today’s agriculture market. Regular guest lectures and workshops led by industry experts, hands-on internships, and a cross-disciplinary approach to management and agrifood science will bring together high-achieving students from diverse academic backgrounds.

What is the Eligibility for an MBA in Food & Agribusiness Management?

To be eligible for this MBA program, you need to have a bachelor’s degree with a minimum score of 55% in any discipline from a renowned university. You can also have a bachelor’s degree in agriculture, Forestry, Fishery, Horticulture, Food Technology, Plant Sciences, Biotechnology, etc. Suppose you plan to opt for specialized courses, for example, Commodity Management. In that particular case, you also need a Bachelor’s Degree with 55% marks or equivalent in Agriculture Science, Economics, Food Science, or Horticulture.

If you are more inclined towards a specialization in Horticulture or Farm Management, you need to have a Bachelor’s Degree with 55% marks or equivalent in Forestry, Botany, and Agriculture. For admission, you must brace yourself for national-level competitive exams, such as CAT, MAT, CMAT, etc.  The final evaluation also depends on specific personal assessments such as interviews, group discussions, case study analyses, etc.

What is the Syllabus for an MBA in Food & Agribusiness Management?

As part of the program, you will thoroughly understand the foundational principles of food and agribusiness management. Along with the core MBA courses such as Managerial Accounting, Financial and Human Resource Management, Marketing Practices, Business Ethics, and Leadership, etc., you have specific optional concentrations such as:

• Food Retail Management,
• Dairy Products and Management,
• Agri- Supply Chain and Logistics,
• Poultry Management,
• Animal Health Management,
• Commodity Management,
• Irrigation and Farm Machinery Management,
• Food Value Chain & Performance
• Supply Chain in Agriculture
• B2C Food Marketing
• Agribusiness, Strategy & Leadership, and
• Food Innovation & Design Thinking

What Are the Career Options in Agribusiness Management?

The agriculture sector has seen remarkable growth in the last few years, with several government and private sector initiatives mushrooming. This, along with the evolving global norms such as the WTO rulings and enhanced global competitiveness, calls for a dire need for professional programs in Agribusiness Management, making it one of the most exciting and challenging sectors in 2023, either as a professional or entrepreneur. Food and agribusiness jobs are thus a possible solution to this growing need for professionals who can participate, contribute to and engineer the agribusiness revolution. Undertaking an Agribusiness management education, you can expect to have doors opened to a lot of opportunities. A few of them are:

• Agricultural Economist
• Field Officer
• Farm Manager
• Product Manager
• Nutrition division manager
• Market researcher
• Commodity consultant
• Sales and Marketing Coordinator
• Risk Analyst
• Agricultural Manager

The insights and experience you gain from leading global agribusinesses throughout the program at Prestige University will qualify you for a range of positions and industries, and several government jobs, such as:

• Research Associate
• Farm Technician
• Agriculture Field Officer
• Research Scientist

The fields span across a wide range as well; you can expect to be placed under the following fields post an MBA in Food & Agribusiness Management:

• Food processing companies
• Rural banking business
• Dairy products manufacturer
• Import-export firms
• Agribusiness financing or trading companies
• Farming technology companies
• Fertilizer and crop protection companies

What is the Salary for an MBA in Food & Agribusiness Management in India?

The pay scale depends on many factors; it matters the university from where you choose to study, the experience in terms of practical exposure through projects and internships, the area of specialization you choose, etc. It draws on the strength of food and agriculture to provide an experience that elevates students’ career potential in an industry that affects every human being. While an Agribusiness Manager can earn between 5-10 Lac per annum, this also varies in terms of the industry and job title. The average salary one can expect nearly around 5.5 lac per annum.

What is the Learning Outcome of a Post Graduate program in Agribusiness?

The Agribusiness program will not only help you build solid managerial foundations such as critical decision-making, teamwork, corporate communication, etc. but will also be beneficial in imparting an understanding of emerging food and agriculture perspectives, agribusiness supply chain and logistics, rural sector lending, and banking, etc. among others.

At Prestige University, you’ll gain the tools and concepts to design innovative solutions for challenges faced by companies in food and agribusiness. You also learn to oversee all aspects of agribusiness operations and how to market food products. The industry-oriented content, case-based learning, regular practicals, and internship programs are some of the main highlights of the program. This fascinating program brings students from all over the country and focuses on scalability and sustainability.

Prestige University is one of the pioneers in food and agriculture research. You can take advantage of the thriving food and agribusiness environment and develop an understanding of the varied possibilities in the food sector from farm to fork. As a student, you will learn both within the classroom walls from leading faculty and outside it by brainstorming and engaging with the dynamic local ecosystem. With world-class global food and beverage companies and intriguing startups attempting to alter how we grow and consume food, the university provides many prospects to aspirants. In addition, you also get to explore and liaison with a wide range of companies that directly impact the landscape of food and agribusiness.

Prestige University also provides unique opportunities for students of MBA in Food & Agribusiness Management not just to acquaint themselves with the business of food but also to build connections with their research peers in the field. So whether you’re looking to advance your career or pivot to new opportunities, this program can help you get there!

 

With an MBA (Master of Business Administration) becoming one of the most demanding and well-recognized master’s programs to attain the necessary business and management skills, every graduate wants to pursue an MBA to give their career the perfect Launchpad. The availability of many different formats lets you choose an MBA that best suits your career and long-term goals. Even if you are debating your career plans of becoming an entrepreneur or looking to join one of the big MNCs, an MBA program can expose you to different forms and sizes. Irrespective of one of the several types of MBA courses you decide to pursue, an overall holistic development with an understanding of modern business trends and techniques can be assured.

An MBA equips and prepares you for an executive career as a business leader. Universities in India and abroad have various MBA programs, such as full-time, part-time, executive, distance, or online MBA courses. In addition, some universities offer only one type of MBA program, while many others provide the option to choose between full-time and part-time MBA programs.

What are the different types of MBA?

There are different kinds of MBA. So, if you have set your eyes and are ready to undertake a master’s degree, depending on the time you need to invest along with your current profiling, you can easily opt-in for any of these various types of MBA courses.

• Two-year full-time MBA program
• One-year full-time MBA program
• Executive MBA program
• Part-time MBA program
• Online MBA program
• Global MBA program

With these different formats available, how to decipher which type would be the best for you? Well, this article takes you through the breakdown and details of each one of them to allow you to make the coveted decision.

Two-year Full-Time MBA Program

A full-time MBA is a management program that prepares you for a complete knowledge of management and business concepts. In India, the duration of a full-time MBA is two years; meanwhile, in most European and American universities, the duration of a full-time MBA is one year. Therefore, a full-time MBA is one of the most common programs for a person planning to undertake an MBA. The program is divided into multiple semesters and usually involves compulsory internships or training that add value to your profile.

The first year at most colleges is focused on general managerial subjects that help build the core skills such as Business Communication, Business Strategy, Finance, Accounts, Law, Ethics, etc. The second year is more specific and covers the concentration of your preferred choice, such as subjects in Finance, Operations, E-Business, Food & Agribusiness, Data Analytics & Business Intelligence, Global Management, Marketing or HR, etc.

A two-year full-time MBA program acquaints you with many benefits while offering practical exposure through internships, consulting projects, etc. However, this type of MBA requires financial capacity and time commitment.

In terms of eligibility criteria, you need at least 50% marks in your under graduation and a good score in exams such as CAT, GMAT, MAT, SNAP, etc.; the higher the score, the better the chances of selection, as these exams are highly competitive.

One-Year Full-Time MBA Program

These are residential 12-15 months MBA programs that are more extensively curated, with much of the same course content compiled, keeping in mind the constraints in time. Many of these programs require prerequisites such as work experience or a certain level of academic experience in some cases. Candidates seeking to advance their career trajectory and earn a degree in a shorter period, especially working professionals, should opt for these types of MBA courses.

Given the shorter period of the program, the curriculum is maintained correctly within the time frame. Hence, these intense programs provide fewer breaks, taking away the internship period or providing limiter internships, if any. This format suits those already on their career path toward a brighter future and looking forward to bringing more experience to the table.

This variant’s eligibility criterion is work experience and a good GMAT/CAT or GRE score. In addition, the admission process differs from the rest, requiring candidates to submit statements of purpose, verbal and analytical tests, and a letter of recommendation. The typical salary for a 1 Year full-time program is 15-18 Lacs.

 Executive MBA Program

An executive MBA program is designed for professionals with extensive work experience. Specifically designed for those who want to take the next leap in leadership roles, an executive MBA program is tailored so that you can attend classes on weekends or in the evening and keep working in a company simultaneously. An additional benefit of earning an executive MBA is that companies occasionally pay for training for their valuable employees.

The program provides you with all the business disciplines needed for effective leadership, such as communication, time management, project management, international business, strategy & consulting, management information systems, entrepreneurship, etc. What you learn in the classroom can be implemented in real life; learning takes place inside and outside the classes. You get a chance to meet similar-minded people, and your networking grows stronger, thereby preparing you to be a better and more successful professional.

For these types of MBA programs, you need to have a minimum of 50% marks at the higher secondary level and a minimum of 50% in your graduation. In addition, preference is usually given to those with a particular work experience level.

However, the admission process remains more or less the same; candidates are made to go through an entrance test, group discussions, and a personal interview to seal the candidature ship. The salary post an executive MBA ranges from 25-35 lacs, as these candidates already bring significant work experience, and a degree acts as a feather in the cap.

Part-Time MBA Program

A part-time MBA program is designed for aspirants who want to earn their MBA degree while simultaneously continuing to work their jobs. Considered one of the most flexible options for masters, you can schedule your classes according to your timetable and complete the program at your own pace in a year or three to four years as per convenience. This option works well when you don’t want to put a hold on your career but, at the same time, want to earn a master’s degree to enhance your professional qualification. In addition, these programs typically run year-round, making it easy to choose subjects along with a flexible timeline that does not coincide with your working hours.

Without compromising their work timings, this type of MBA program allows the applicants to study part-time, during their free time, or when they are not working. This means an extended duration of course completion, making it suitable for those wanting an economic MBA and increased flexibility compared to full-time MBA programs. The opportunities are vast upon completion of a part-time MBA. It helps you climb the corporate ladder and fetch better earnings via managerial roles.

 Online MBA Program

An online MBA program targets aspirants who cannot attend classes physically. The study mode is through correspondence schools, live classes, recorded lectures, webinars, and teleconferencing. Online MBA programs are similar to part-time MBA programs. Suppose you have personal reasons or are a professional working currently.

In that case, you can opt for an online MBA. Then, you can choose the time for scheduling your classes and study in the comfort of your home, anywhere in the world!

Though an online MBA offers a remote experience, it provides the same content and learning through an entirely different mode. There are no age restrictions for this type of MBA; a student in the final year or even a corporate-level employee can apply. 50% minimum marks are required at the undergraduate level to appear for the entrance exam. In addition, the admission process calls for clearing specific entrance tests such as CAT, GMAT, etc. Apart from this, some colleges also conduct their entrance exam.

Global MBA Program

On the same trail as a regular MBA, an international or a global MBA offers wholesome business development skills, with the difference of having an edge by incorporating international management and business trends. Pursuing such a type of MBA helps you develop a more comprehensive network with people of different diversities and prepares you for global job opportunities worldwide post-successful completion of the degree. 

Classes for these graduate business programs are held in various learning settings, sometimes in other countries and cultures. Because of the exposure to other cultures that students receive from their universities, professors, and classmates, a significant proportion of them discover employment chances in multinational organizations abroad. As a result, they can establish a solid network to advance their careers in the ways they want.

A global MBA program intends to give exposure to global business and helps you gain a worldwide perspective for your work in business and leadership. It is offered by international colleges and covers a wide range of business-related topics across multiple specializations, ranging from Marketing, Business Analytics, Risk Management, and Finance to Hotel Management and International Business.

To sum up, depending on the right time and other available resources, you need to focus on the best MBA type that suits your requirements. After deciding on the location, such as an on-campus or online MBA works in your favor or the duration and timeline are the determinants, make sure you analyze why you want this degree and accordingly make your decision. Additionally, examine the variety of MBA programs offered based on the different concentrations they provide, such as Accounting, Economics, Leadership, Marketing, Finance, Information Systems, etc. Finally, try answering the following questions before you take the plunge:

• How soon do you want to have the degree?
• What are your current and future goals and aspirations?
• Are you flexible with balancing MBA with other personal or professional commitments?

Different types of MBA programs from Prestige University help students and working professionals develop their skill sets, align them with current market demands, and advance to managerial and leadership positions across functional areas. The programs are perfect for mid-level to senior-level managers who want to use the most recent management ideas and assume more responsibility.

The university is open to working executives looking to move from technical to managerial jobs and entrepreneurs and business owners looking to scale their operations by adding more management skills. Explore select MBA programs in Data Analytics & Business Intelligence, Sustainability Management, Food & Agribusiness, E-Business, and Logistics & Supply Chain, as you decide whether an advanced business degree is right for you. The programs offered by Prestige University:

• It helps you gain new knowledge and skills to accelerate growth in emerging market scenarios
• Advances current careers in the right direction for better and brighter prospects
• Connects with people who share the same interests as yours
• Builds a strong network of professionals

The right MBA degree can open up doors of opportunities for you and is the perfect way to showcase your knowledge and skills learned to excel in different positions. So make a wise choice today!