Management education is going through a transformation phase in India. It is easily accessible to people of almost every city, educational or social background. Experienced professionals as well as young graduates are opting for an MBA or PGDM program. Did you ever try to find out the reason behind this MBA mania?
Why management education?
A number of companies offer lucrative job offers to students once they pursue an MBA or PGDM course. Students aspire to climb the corporate ladder faster and also the experienced professionals wish for greater professional success. Hence, a management degree is seen as the pathway to success and financial gains. Additionally, a large number of management colleges have been established in the last decade.
How to get the best return on your PGDM investment?
Another aspect is the return on the huge investment made for a management degree. Parents and students spend a hefty amount to pay the fees for a reputed college. One should be careful before making this investment and try to gain maximum returns.
- Choose wisely before investing
The first step is the most difficult one. You may have a tough time making a choice. There are many options to choose from. Your job is simply to find the pearl in the sea of possibilities. Consider a few important factors like AICTE approval, fees, faculty, placement opportunities, etc. This information is most probably available on the college website. Take a second opinion from your teachers or professional career counselors.
- Start your degree program at an early age
There is no age bar on education. However, it is highly recommended that you pursue a management degree before you reach a certain age. You can go to a management college after gaining some industry or even soon after your graduation. If you start early, you will finish early. You will get a number of opportunities and will have ample time to reap the benefits.
- Enroll in a program that aligns with your goals
If you aspire to be a marketing professional, then it is futile to pursue a PGDM course in Human Resources. Choose a program that emphasizes on the breadth and depth of knowledge, experiential learning, internships, networking, and career services. If your college doesn’t provide good placement opportunities, it is a waste of time to hunt for jobs independently.
- Explore all the aspects of the program
A management program has many avenues to offer. There are many extra-curricular activities, case studies, projects, industry exposure, industrial visits, and internships and so on. Participate in all these activities. You will gain valuable experience throughout the two years of the management program. This experience will help you in the long run.
- Groom yourself during your college days
Most of the colleges have a dedicated placement cell, which grooms the students from the placement perspective. Attend the grooming sessions by your faculty and industry leaders. Remember, you don’t succeed in the management world only with a razor-sharp intellect. You need to have zealous dedication, interpersonal skills and willingness to explore and learn.
All this will help you gain maximum ROI and also help you succeed professionally.