Importance of Career Planning Steps for MBA Admission
Career plays an important role in one’s life and choosing the right career can be sometimes difficult. Hence, career planning is essential to have a successful and fulfilling life. Which is why we are here talking about Career Planning Steps for MBA admission.
When we think about the career, it is often very difficult to paint a clear picture in our head of what we want to be. Commonly, people have the same long-term goals in life. For instance, a steady job, a happy and healthy family and a satisfactory life. However, short-term goals may differ from person to person. It is of utmost importance to set a goal in one’s life. In fact, not just set a goal but work every day to achieve it. Do you know about The Art Of Setting Goals?
Planning, in simple language, means to organize or establish a specific process to achieve a target. It is the process of thinking ahead and keeping a tab on the progress made to capture the goals.
Basic Process and Career Planning Steps For MBA Admission
- Choosing the goal
- Evaluating other possible methods to achieve the goal
- Deciding and following a particular path to reach the goal
“Career planning is a process of systematically matching career goals and individual capabilities with opportunities for their fulfillment”, according to Schermerhorn, Hunt, and Osborn. It is clear from the above statement that career planning is not just an activity that is done once. Instead, it is a continuous process and involves continuous changes. In simple words, it means to know who you are and what you want to be at some point in the future.
Career Planning Steps For MBA Admission further involves 5 steps
Secondly, explore work or career options
Thirdly, narrow down the list of work or career options
Fourthly, decide or choose the best option for yourself
Fifthly, set a career goal
1. Self-assessment involves knowing oneself
A person should discover one’s potential. It is important to evaluate yourself and know exactly what you desire from a particular job. Do you think you know Yourself to the fullest!
One should be in a job that suits them and is in link with their beliefs.Also, a person should not just settle with any job he gets so that he can earn money. A person spends almost 8 hours a day at his job working. So it is important that the job is of his interest and adds happiness to his life and not stress.
People who love their job and have a happy work environment work more efficiently and add more to the company’s profit too. One should be sensitive about their attitude, needs, interests, personality, values, and skills when deciding their career. And hence Career planning before MBA admission can be beneficial in the long run.
2. Work/career exploration
This step involves a lot of research work and exploring. To set a particular career path you need to know all about the work opportunities it offers. So you need to match your expectations with the offers you have. You can research the specific skills and qualifications required for those occupations that interest you.
The Internet is a boon in today’s time. With the click of a button, you can get so many options related to your search. Best and the easiest way to find out about the work opportunities is through the internet. You can search for the various careers that fall within your interests. The Internet can be fruitfully used for effective career planning.
3. Narrow down the list of work or career options
List down three to five career options that match your interests, personality needs, values, and skills. Also, make a note of the opportunities and limitations on the other side. Narrowing down options will help you in career planning.
4. Decide or choose the best option for yourself
In this step, you choose the best career option which you want to pursue from the above-mentioned list. By this point you should have a clear view of your ideal job description, personal mission statement, job requirements, and qualification.
5. Set a career goal
The Career Planning Steps For MBA Admission will give you focus and will motivate you to overcome the obstacles that will keep you from achieving your goal.
It means taking action in the direction to attain your goal.
MBA or Master of Business Administration is a postgraduate degree course in business studies offered by MBA institutes, popularly referred to as Business schools (B-schools). For decades, MBAs from top-tier schools have set the standard for business knowledge and skills. Leading entrepreneurs and successful corporate leaders attribute their success to the time spent on campus.
Life in a B-school move in a fast forward mode. It moves on a frenetic pace across classes, assignments, projects, case studies, presentations, choice of electives, summer internship and much more. At a B-school campus, learning happens not only inside the classroom but also during interaction with peers. The lifelong associations created and the diverse networks so formed are invaluable to one’s future endeavors.
Many institutions offer MBA and PGDM (Postgraduate diploma in business administration) courses. With a rise in the demand for such courses, the number of the college offering them has also gone up. The admission procedures of these institutes also differ sometimes. Going through Career Planning Steps For MBA Admission can help aspiring candidates tackle all these admission procedures.
Who can appear?
- A person having a Bachelor’s Degree (or equivalent) in any discipline (those appearing final examinations are eligible), with at least 50% aggregate marks (45% for reserved categories)
- Applicants with a post-graduate qualification having at least 50% marks (45% for reserved categories) in either their Bachelor’s or post-graduate degrees
Selection of mode
MBA is offered in various modes. Choose the model according to your requirements and needs. They are as follows:
- Full-time: The course is spread over two academic years (i.e. approximately 18 months of term time)
- Part-time: In this program, normally hold classes on weekday evenings, after normal working hours, or on weekends
- Distance Learning: In this, the classes are held off-campus, just like in correspondence courses
- Executive: Programs developed to meet the educational needs of managers and executives, allowing students to earn an MBA (or another business-related graduate degree) in two years or less while working full-time
Top Colleges that offer MBA courses
- Grade A: IIM-Ahmedabad, IIM-Bangalore, IIM-Lucknow, IIM-Indore, FMS-Delhi, INDIAN SCHOOL OF BUSINESS – [ISB], Hyderabad, XAVIER LABOUR RELATIONS INSTITUTE – [XLRI], Jamshedpur
- Grade B: SP JAIN INSTITUTE OF MANAGEMENT AND RESEARCH (SPJIMR)-Mumbai, NATIONAL INSTITUTE OF INDUSTRIAL ENGINEERING – [NITIE], Mumbai, MANAGEMENT DEVELOPMENT INSTITUTE – [MDI], Gurgaon, IIM-Shillong, INDIAN INSTITUTE OF FOREIGN TRADE – [IIFT], New Delhi
Other colleges also offer these courses.
It is best to aim for the top colleges. One can also choose any of the above colleges according to their needs, fees structure, location, etc.
As per the recent AICTE Guidelines, Candidates need to clear the following entrance tests to apply to recognized colleges:
Entrance tests required to apply for recognized colleges
- MAT – Management Aptitude test
- CAT – Common Admission test
- CET- Common Entrance Test Commonly,
- ATMA – AIMS test for management admissions
- GMAT – Graduate Management Admission Test Commonly,
- JMET- Joint Management Entrance Test
- XAT- Xavier Admission Test
- CMAT- Common Management Admission Test
- Any other state entrance tests like ICET, PGCET, KMAT, TANCET, etc.
Candidates are tested in four major areas – verbal ability, reading comprehension, quantitative ability, and business data interpretation. This is generally through an online test which is the first step in the process. Pre-emptive study of career planning steps for MBA admission can help you get through all the admission processes very easily.
Group Discussion & Interview is the next step. In this, the candidate receives a call from the respective institute and is asked to appear for Group Discussion and personal interview. This step is based on how the applicant performed in the written examination. If you score well enough top B-schools contact you. Commonly,
The final selection is based on the performance of the aspirant in the written exam, group discussion, and personal interview. Work experience also holds significant importance in a few institutions.
To realize your MBA dream, you need to walk the extra mile, and hence we recommend you to go through Career Planning Steps For MBA Admission again. This will ensure that you make it to the top B-schools in the country. You need discipline, determination and an appetite for success.
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