Management is the art of getting things done through others.Or it is the art of utilizing available resources efficiently and effectively to accomplish desired goal.
It is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises A)planning B) organizing C) staffing D) leading or directing, and E) controllingan organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.
The Master of Business Administration(MBA) is a master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out scientific approaches to management. The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, finance, marketing, human resources, operations management, etc. Students in MBA programs have the option of taking general business courses throughout the program or can select an area of concentration and focus approximately one-fourth of their studies in this subject.
Eligibilty :Graduation in any stream with minimum 50% Marks and Valid Score in MAT / CMAT / CAT Duration : 2 Years( 6 Semesters)
MBA Specializations
A) Finance :An MBA specializing in financial management will focus on management accounting and control, the Indian capital and money market, banking, privatization and international finance. The course will emphasize on various aspects of financial theories, identification of best managerial practices in the area and global practices of applications. An MBA in finance is among the most popular specializations as growth prospects in this field are immense. You can look out for exciting careers in banks, financial consultancies and financial institutions. One can get involved in consumer and investment banking, institutional finance, merchant banking, corporate finance and international finance.
B) Human Resource Management(HR) : Human resource management deals with recruiting, training, team building, performance updates, employee policy, salary, benefits and increments, employee health and safety as well as staff amenities. Job Profile : HR Managers, Labor Mangers, HR Trainers etc...
C) Information Technology/ Systems : An MBA in Information Technology Management is designed to educate and develop managers who can effectively manage the planning, design, selection, implementation, use, and administration of emerging and converging information and communications technologies.It is more suitable for Computer Science and Engineering Graduates in IT / related subjects.
D) Marketing : Even though marketing and sales differ greatly, they have the same goal. Both handle very similar concepts and work together for sales to be successful. An MBA in marketing will help you enhance your skills & knowledge in the field of marketing, advertising, public relations etc.
E) Logistics and Supply Chain Management : It is the study related to Transportation, Ware housing and stock moving etc..The the activities associated with creation, production, distribution and delivery of the organization's goods and services etc..comes under this.
Other specializations are the followings:- F) Airport and Airline Management G) Shipping & Port Management F) Retail Management G) Media Management H) Educational Management I) Banking & Finance J) Hospital Management K) Healthcare Administration L) Operations Management M) International Business(IB) N) Petrolium Management O) Pharma Management
Management Programs @ Under Graduate Level
The Bachelor of Business Administration is a bachelor's degree in business administration.In India the duration of BBA Program is 3 years / 6 semesters.In some universities, the degree is awarded as BBM(Bachelor of Business Management) and BBS(Bachelor of Business Studies). The syllabus of BBA is like B Com in India. The BBA program usually includes general business courses and advanced courses for specific concentrations.For example the following specialties are available