A Millennial is usually referred to as someone who is born
in the year 1980’s to 1990’s. if you are the one born in those years, there is a big chance that you
must have thought about an MBA degree at least
once in your life. It is almost
impossible to find a middle-class family
in India where someone is not an Engineer or an MBA graduate. This was simply
because of the guaranteed job and successful future. This was one of the main
reasons coaching institutes increased and MBA
entrance classes became a one stop destination to fulfil the MBA dream.
So, why do a millennial or Generation Z craves for an MBA degree? What about metropolitan cities like Mumbai, do students look for MBA degree anymore? Does the CAT/XAT/CMAT Coaching in Mumbai still relevant and preferred?
Through this blog post, we are going to find out why MBA is the most popular degree and the reasons millennial choose this career and some coaching class trends as well:-
MBA is evergreen
MBA is an outstanding degree to have not only for a management student but for everyone from different fields of study. All the organizations or industries that started or would open in the future need people who can handle people. So, there is no other program which provides management training better than the MBA course.
No one but an MBA holder
This demand for managers certainly increased the popularity of an MBA holder when compared to other qualified people. Companies would look for the leadership qualities and managerial abilities that are easily found in an MBA graduate. This involved high perks and benefits as well, which leads us to the next point.
Glittering MBA career
The high demand naturally means high pay. Big companies and industries pay handsome salaries to able employees with an MBA degree. After all, they are the people making decisions that create an impact or help the company succeed in the longer run.
Perks of an MBA Education
One of the advantages of MBA Education is that you are ready to face challenges. The syllabus containing the real world business case studies and scenarios really help nurture the leadership skills that any company would love to have in their employees. This is where an MBA degree scores heavily as to when compared to other degrees.
Therefore, it is not surprising that an MBA degree is a popular choice for a millennial.
What about the current trend in places like Mumbai? How many still consider an MBA degree a popular choice
Going by the data of the number of CAT exam participants, which is one of the widely popular entrance exams in India, the years from 2012- 2015 saw a sharp decline. This led many to believe that MBA trend is finally over in India. Also, there are a number of other courses like digital marketing which is becoming popular in India.
But, in the year 2016 -2017, the CAT participants has again grown to 2 lakh approximately which clearly suggests that MBA is still relevant not only in Mumbai but all over India. The new specializations like Sports Management, Digital Marketing, Cyber security etc. along with traditional programs like Finance, Marketing, and Operations have opened up wider opportunities for students.
What do the Coaching Institutes and MBA entrance classes tell us about the interest of students in an MBA degree?
The ever-increasing number of coaching institutes for MBA entrance classes proves that students still love MBA program. The surge in CAT/XAT/CMAT classes in Borivali and other places like Ghatkopar etc shows that students from small towns are also looking for admissions to prestigious management institute by clearing these exams.
There are a large number of students joining these coaching institutes and achieve amazing success. The last year CAT exam in 2017 saw 3 students from Mumbai getting the 100 percentile score.
Lakhs of students who are fresher and repeaters join the coaching institutes to achieve their dream of getting into top b-schools
If you are a millennial searching for the best CMAT classes in Borivali, join MBA Pathshala providing the excellent classroom training with CAT toppers as mentors. Also, find highly experienced tutors from top B-schools providing superior coaching classes with advanced course roadmap and training. Visit www.mbapathshala.com
No comments:
Post a Comment