Frequently Asked Questions (FAQs)
1. Why MBA?
In 1960s and 70s management courses were a rarity in India. By 1990s, Management education had fully evolved and there has been considerable integration of business, commerce, industry and economy as part of globalization, liberalization and privatization. Hence, there was an unprecedented boom in the MBA colleges and Business schools. MBA/PGDM imparts a competitive edge to the individuals seeking career advancement and the organizations aspiring to excel.
2. What is MBA all about?
A MBA program in a top Business school prepares the participants to view the corporate world from the Board Room. Typically, you begin your career at the lower rungs and graduate through the middle and top echelons of responsibility and authority. You are groomed to become an intraprenuer or entrepreneur with social responsibility.
3. What is the selection process for MBA/PGDM?
A MBA/PGDM aspirant should be a graduate with at least 50% marks. S(he) should have a valid management aptitude test score. IIMs and some leading institutions hold their own tests. For all AICTE approved courses, CMAT is compulsory from the academic session 2013-14.
4. Where can I get complete information about the CMAT examination?
Please visit AICTE web site in the following link http://www.aicte-cmat.in/College/faq.aspx
5. What is the advantage of doing MBA from one of the best colleges in Kerala?
By doing MBA/PGDM from one of the best colleges in Kerala, you are better equipped to manage any organization in India/abroad in view of the vast strides Kerala has taken over other states in terms of her development (Kerala Model) often compared to the developed Scandinavian countries.
6. What are the advantages of a fully residential MBA/PGDM compared to 10 to 4, 5 days week campus?
In a fully residential MBA/PGDM course where students and faculty live together, the time available for teaching-learning is enhanced three fold. The students are better placed to exploit the full potential of the high tech campus with state of the art library and other electronic facilities. The potential for peer group learning and activates which foster communication skills, leadership quotient and practical learning is beyond compare with a day time college.
7. What is the difference between MBA and PGDM?
Both are essentially post graduate courses. MBA is a university driven course. Most of the premier institutions including IIMs offer PGDM. In Kerala, there are a few institutions offering PGDM with Association of Indian Universities (AIU) recognition as equivalent to MBA.
8. Are bank loans available for MBA/PGDM?
Yes. Bank loans are available to students undergoing MBA/PGDM courses in colleges recognized by the University / AICTE.
9. Is there any concession available to students belonging to SC/ST categories?
The tuition fees and mess fee etc are reimbursed to the college by the Government of Kerala. The students also receive a small pocket money.
10. Is dual specialization possible in MBA/PGDM?
Yes. Dual specialization is possible both in MBA and PGDM
11. Is it necessary to attend coaching classes to appear for CMAT exam?
However, it may help you to prepare better for the test.
12. Are there any guides/ help material available in the market for CMAT examination?
Yes. There is a good guide entitled CMAT published by i.rank
13. Is it essential to clear the Group Discussion and Personal Interview after obtaining the CMAT score?
Yes. The Business Schools hold GD/PI from time to time to assess the suitability of the candidates for admission to MBA/PGDM.
14. What are the important factors to be borne in mind while selecting a B School in Kerala?
The following factors may be borne in mind while selecting a Business School in Kerala:
a) Credibility of the management running the MBA /PGDM College
b) Infrastructure facilities
c) Intellectual capital – competence and dedication of the faculty and staff
d) Placement record
Prof (Maj) Premanathan V
Prof (Maj) Premanathan was commissioned in to the Army Education Corps from the Indian Military Academy, Dehradun. He has done his Masters in Personnel Management from Symbiosis Institute of Business Management, Pune. He also holds a degree in Law. He worked as faculty in the National Defense Academy, Pune, Indian Military Academy, Dehradun and Officers Training Academy, Chennai. After taking pre mature retirement from the Army, he worked as Rgeistrar Centre for Water Resoruces Development & Management (CWRDM), Kozhikode for 8 years.