MBA Introduction

The Master of Business Administration (MBA) is an internationally-recognized degree designed to develop the skills required for careers in business and management. The value of the MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry, and other areas.

A master of business administration (MBA) is a graduate degree earned at a university that provides theoretical and practical training to help graduates gain a better understanding of general business management functions. The MBA degree can have a general focus or a specific focus in fields such as accounting, finance, or marketing

MBA programs typically include core classes in accounting, management, finance, marketing, and business law. Management training is at the heart of any MBA curriculum, with a focus on leadership, planning, business strategy, organizational behavior, and the more human sides of running a large or small business. Increasingly, MBA programs are broadening their focus to include training in international business and to focus on the responsibilities and corporate accountability of businesses within their communities.

SCOPE OF DIFFERENT SPECIALIZATIONS IN MBA:

  • FINANCE


    MBA in Finance does not lead only to investment banks and securities firms. It offers numerous possibilities in the corporate world too. Finance Managers can become Accounting Managers who prepare finance reports for the company, or Financial Analysts who focus on developing financial strategies and go about money management.

    Finance MBA coursework can provide a solid background for the prestigious CPA (Certified Public Accountant) exam or the equally venerated CFA (Chartered Financial Analyst) exam.

    Those who pursue MBA in Finance can take up the following job profiles:

    • Cash Managers
    • Risk and Insurance Managers
    • Credit Managers
    • Management Consultants
    • Investment Banking Associates and later Investment
    • Bankers
    • Treasurers and Finance Officers
    • Controllers (who prepare budget reports for regulatory agencies and business management, do audits and prepare cash management strategies)

  • MARKETING


    The single most popular specializations amongst MBA graduates in India, Marketing is a hard-core front-end job and is meant for leaders. MBA Marketing is very dynamic and competitive. You need excellent communication skills, resource mobilization skills and an undying zeal to excel to make it to the top-level positions in the field of sales and marketing.

    "MBA Marketing offers you a fast-paced career - full of responsibilities, challenges, and growth opportunities. From Fast Moving Consumer Goods (FMCG), Consumer Durables, Non-Durables, Advertising, Market Research, Media, Sales & Distribution to Services Marketing.

    MBA in Marketing can lead you to fat pay packages as Brand Manager, Project Manager, Sales Manager, Marketing Manager, Market Research Analyst, Area/Regional Manager and even to the position of Chief Marketing Officer (CMO).

  • HUMAN RESOURCES (HR)


    Human Resources or HR is one of the trickiest jobs in the corporate world. From Recruitment and Selection of personnel to deciding Compensation to Employee Training and Development to Job Analysis and Performance Appraisals, an HR manager is the ringmaster in the business jungle. Besides, those who choose MBA in HR can also develop themselves as Industrial Relations Manager or developing cross-cultural working environment in multinational and global companies, which are highly specialized jobs.

    Human Resources Management is concerned with internal marketing of a company. The credit for how your employees work for you and how well they understand HR policies of the firm depends on HR. Recently, India has noticed a big change in the way people view HR professionals. Salary packages are getting fatter, and educational institutions known for their Human Resources programmes are getting adequate support from the corporate world.

  • INFORMATION TECHNOLOGY (IT)


    Information Technology (IT) or Management Information Systems (MIS) has recently emerged as one of the most important MBA specializations. For those who have IT background (as a software engineer or IT graduate), MBA IT can open up positions like System Analyst, Technical Systems Manager, Technical Consultant, and Business Development Manager - all the way upto the position of the Chief Information Officer (CIO) or Chief Technology Officer (CTO). IT, ecommerce, and related industries often offer good placements to MBA IT graduates

    In the high-tech environment of today, MBA IT opens up several career opportunities for you as:



    • Business Analyst: where you can interact between customer requirements and document them properly for developers.
    • Pre-Sales or Business Development Manager: where you prepare presentations for clients and basically, translate technical innovations of your company in terms understandable by laymen.
    • Sales or ERP Consultant: where you deal with customizing ERP solutions (like SAP) to suit client requirements.
    • Project Manager: where you are directly involved with implementing a project - right from planning and estimation to managing resources to time management.
    • QA Manager: where you are responsible for assessing and controlling the quality of the software solutions being provided to clients.
    • Functional or Process Consultant: where you configure and re-configure processes and chalk out verticals to complete efficient operations within an IT company.
    • Management professionals with technical skills gain tremendous respect among their peers in today's world.
    • ELIGIBILITY CRITERIA


      Candidates having 50% marks in Graduation are eligible to apply (45% marks for SC/ST and handicapped with at least 40% disability) for MBA. The students who are in their final year of their graduation are also eligible to apply, subject to their obtaining 50% marks at the time of admission.

    • PLACEMENTS IN MBA


      Patel Institute of Management and Technology Rajpura conducted its Final Placement Process for MBA was extremely successful.The process witnessed the participation of regular recruiters like Axis Bank, Kiran Foreign Trade Mohali, IndusInd Bank, Pisoft Mohali, Investor Clinic, Capital Bank, Teleperformer , British telecome,Genpact, Cogneesol Mohali,Touchstone , Focus Rajpura,Symbiosis Management Chandigarh, Pro ace Accountants,NaukriZone , Briton Chandigarh, AGS Pune, Dialabank Mohali, Tata Communications Chandigarh, Wensil Technology Chandigarh.