Why do Prominent Business Schools Ask for Prior Work Experience?
Many prominent business schools require candidates to have some work experience. Generally, students should have work experience of two to five years in relevant disciplines. Now, the question arises, as to why leading business schools require prior work experience.
MBA and PGDM are among the popular postgraduate management degrees offered by business schools. Graduates learn the fundamentals of business management, good communication skills, leadership and managerial skills, and job-specific skills such as problem-solving and decision-making.
“Is having prior work experience essential to apply for an MBA” is a debate that has become increasingly popular in recent years due to the recession. Those in favour of the argument agree that having work experience is important before applying for an MBA as it gives them a competitive edge. However, others may argue that an MBA provides a good platform for experiential learning by including internships and project work in the course curriculum.
- Why do Top B-schools accept students with prior experience?
- Benefits of having prior work experience
- Conclusion
How much work experience is required?
There is no fixed criterion as to how much experience is required for enrollment in an MBA. Many business schools do not even require prior experience. Some of the top B-schools offer admission to their postgraduate programmes based on entrance exam scores and work experience, such as IIM Ahmedabad requires 4 years of work experience for their PGPX programme. Similarly, IIM Udaipur requires 3 years of work experience for an MBA in Global Supply Chain Management and IIM Calcutta accept students with 5 years of experience for the MBA Ex course.
Why do Top B-schools accept students with prior experience?
Apart from the candidates, many business schools also benefit from candidates having prior work experience. While graduates having work experience gain a competitive edge over other applicants, business schools also benefit by enrolling qualified candidates.
- An MBA graduate having prior work experience is more likely to get a chance to directly apply for senior-level positions after graduation which contributes to the placement statistics of the institute.
- Working in a corporate environment, allows the candidates to learn many crucial skills such as decision-making, problem-solving, managerial skills, and time management.
- Business schools may also benefit from having qualified students with work experience due to their knowledge.
- Working in a corporation is one of the best ways to network. It will allow the candidates to make the best use of these connections to land their dream job.
Benefits of having prior work experience
Candidates also benefit from having prior work experience. Students gain various practical skills that are highly desired by employers due to their real-life work experience. Listed below are some of the benefits of having prior work experience before an MBA:
- Experienced candidates can directly apply for senior-level job roles and earn handsome salary packages.
- Students having relevant experience and practical knowledge will be able to apply theoretical concepts learned in lectures.
- Students can save the money to pay for the tuition fees.
- Having some work experience also helps the candidates in deciding the area of study and job profile to apply for.
Read further: For further information on MBA, students can read the articles mentioned below:
Conclusion
Many candidates may have this question in their minds, “is prior work experience a necessary criterion for an MBA?”, the answer is no. When discussing an MBA, work experience does play a crucial role, however, many B-schools do not require work experience. That does not mean that it is an ideal approach. One cannot deny the fact that prior work experience plays a significant role in management education.
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Questions related to MBA
Hello aspirant,
Yes, MCC has MBA course. The Master of Business Administration (MBA) program at MCC is a two-year postgraduate program. For this course, students need to have a graduation percentage of 50.0%. MCC charges INR 116940 in total tuition for the Master of Business Administration (MBA). There are 120 spots available for this course.
For more information, you can visit our site through following link:
https://www.careers360.com/colleges/madras-christian-college-chennai/courses
Thank you
Hope it helps you
Hi,
Based on the previous year analysis, According to your CAT 2024 percentile some of the best colleges offering MBA and PGDM course in Telangana in which you have chances to get a seat are the following
- GITAM School of Business, Hyderabad
- Institute of Management Technology, Hyderabad
- School of Business Excellence, Hyderabad
- IIRM Hyderabad
- Dhruva college of Management, Hyderabad
For more information about the colleges in which you have chances to get a seat you can predict using MBA college predictor tool provided below
https://bschool.careers360.com/cat-college-predictor
Hope this information will help you
A typical Polytechnic student, holding only a diploma, is generally not eligible to directly pursue an MBA as most programs require a bachelor's degree as a minimum qualification; however, you can often gain entry by first completing a bachelor's degree through a lateral entry program or by opting for an Executive MBA program designed for working professionals with relevant experience of 8 years.
To be eligible for a standard MBA program, most universities require a bachelor's degree from a recognized institution, which a Polytechnic diploma alone does not fulfill the requirement.
You can take admission in EMBA An EMBA program focuses on teaching students how to become more effective managers. The curriculum includes administrative operations and strategic planning. EMBA programs can be offered online, offline, or in a hybrid format but for this you typically need a bachelor's degree from a recognized university with a minimum of 50% aggregate marks, and a significant amount of relevant work experience, usually ranging from 3 to 8 years in a managerial or executive position, depending on the institution; most programs also require taking an entrance exam like GMAT or CAT.
Some MBA colleges also offer direct admission without an entrance exam. To be eligible for direct admission, you must have passed graduation with the required minimum aggregate. You may also need to submit documents such as your class 10, 12, and graduation marksheets, character certificate, migration certificate, transfer certificate, and passport-size photographs. Some colleges are..
1.ISB PGPpro
2.ISB PGPMAX
3.IIMA GMP
4.IIMA SMP
5.IIMC GMP
6.UCLA PGPpro
7.SDA Bocconi IEMB
8.IIM Indore PGPMX
9.IIM Kozhikode EPGP
10.HBS - SELPI
Hello,
Here is a list of the top private business schools in India offering MBA programs , based on various rankings and assessments:
-
Indian School of Business (ISB), Hyderabad
- Renowned for its one-year Post Graduate Program in Management (PGP).
- Emphasizes leadership and entrepreneurship.
- Average placement package: Approximately Rs. 25.71 lakh per annum.
-
XLRI – Xavier School of Management, Jamshedpur
- Known for its Human Resource Management program.
- Average placement package: Around Rs. 24.30 lakh per annum.
-
Management Development Institute (MDI), Gurgaon
- Offers a range of management programs with strong industry connections.
- Average placement package: Approximately Rs. 22.05 lakh per annum.
-
S.P. Jain Institute of Management and Research (SPJIMR), Mumbai
- Focuses on value-based education and innovative pedagogy.
- Average placement package: Around Rs. 26.36 lakh per annum.
-
Symbiosis Institute of Business Management (SIBM), Pune
- Known for its diverse specializations and strong alumni network.
- Average placement package: Approximately Rs. 20.14 lakh per annum.
-
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
- Offers a wide array of management programs with a focus on research and innovation.
- Average placement package: Around Rs. 18.33 lakh per annum.
-
International Management Institute (IMI), New Delhi
- Emphasizes a global perspective in its curriculum.
- Average placement package: Approximately Rs. 13.00 lakh per annum.
-
Institute of Management Technology (IMT), Ghaziabad
- Known for its marketing and finance programs.
- Average placement package: Around Rs. 13.60 lakh per annum.
-
Great Lakes Institute of Management, Chennai
- Offers a one-year PGPM and two-year PGDM with a focus on analytics and digital economy.
- Average placement package: Approximately Rs. 10.40 lakh per annum.
-
Xavier Institute of Management (XIMB), Bhubaneswar
- Known for its rigorous academic environment and strong industry linkages.
- Average placement package: Around Rs. 15.42 lakh per annum.
Hope it helps !
CAT exam is conducted every year for purpose of admission to various prestigious business school and management institutes in India. The exam is also considered among toughest entrance exams in India. The exam rats the logical skills of the candidates. You can get the college list based on your CAT score by simply visiting CAT College Predictor 2024