Indian Business School

The significance of business schools in India has escalated over the years as a result of uninterrupted expansion of the Indian economy. This tremendous growth has lead to huge manpower demands compelling the Indian Business School community to take the responsibility on itself to produce top-notch business managers and executives who can play a major part in the development of the nation's economy.

Role of Management Schools in India

Management Schools in India are not only offering undergraduate and postgraduate degree and diploma courses but are also ensuring a tenable employment to the ambitious Indian youth. Increased manpower not only supports the Indian economy in enduring its expansion but also furnishes the human resource demands of various firms and service industries.

As compared to the previous scenario when a handful of Indian Universities and privileged private management schools offered business management courses, India now constitute 1500 institutions providing business management degrees. Seeing the ever increasing demand for elite Business Schools in India and students interest in pursuing management degree and diplomas, government of India and private sector are vigorously indulging themselves in amplifying the quantity and quality of education of these institutes. This statement can be facilitated by the Prime Minister Manmohan Singh's recent announcement on the event of India's 60^th Independence Day, stating the establishment of seven new IIMs.

Scope in the field of Management

Indian Business School community is integrated in both formation and function. Students who successfully graduate from these institutes are well-qualified to administer areas like Business Management, Human Resource Management, Marketing and Sales, Operations and Logistics, Commerce, Consumer Behavior, Risk Management and Information Technology.

In India MBA course program is divided into five sections:

• Full-time MBA
• Part-time MBA
• Distance Learning MBA
• Executive MBA
• Online MBA.

The Business Schools in India are also providing courses which are gaining recognition such as :

• Brand Management
• Hotel Management
• Event Management
• Hospital Management
• Intellectual Property Rights Management.

Successful completion of any one these courses ensures sky-rocketing growth in professional front equipped with lucrative pay packages, options to explore the business scenario worldwide, setting up your own industry and acquiring one of the top designations in the corporate sector. Usually, companies absorb a management graduate via Campus Placement Program of the Institute.

Top Institutes to pursue MBA

Besides the six IIMs in Ahmedabad, Bangalore, Calcutta, Indore, Kozhikode and Lucknow, other prestigious institutes which are among the most hunted by the aspiring management students are:

• Indian School of Business(ISB), Hyderabad
• Faculty of Management Studies(FMS), University of Delhi
• Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)
• S. P. Jain Institute of Management Studies, Mumbai (SPJIMR)
• Schools of Management, IIT (Mumbai, Delhi, Chennai)
• Management Development Institute, Gurgaon (MDI)
• Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)
• Xavier Institute of Management, Bhubaneswar (XIM B)
• Symbiosis Institute of Business Management, Pune (SIBM)

Management has become significant in every sector in the contemporary business scenario. Giving due credit to the wide range of courses offered, MBA is one of the familiar career option amongst the Indian youth at present. Keeping the globalization and liberalization in mind due to which the education sector in India is gaining impetus, Indian Business School community is doing its level best to ensure that it generate world-class executives and managers who eventually contribute productively to the Indian economy.