In a competitive world it may not be enough to just get that MBA at a B-school. And realising this, B-schools are rolling out specialised courses with a sharp focus on sectors, reports CNBC-TV18.
An MBA student of Narsee Monjee Institute of Management Studies, 24-year old Jyoti Kumar Verma is giving his final MBA exams. Verma, who is specialising in capital markets will soon become an investment banker in the company he desired to work in.
Along with capital markets, NMIMS also offers specialization in courses like like services management, pharmaceuticals management, actuarial science, technology and retail management.
Says Jyoti Kumar Verma, "It gives us all inputs from financial background and technology background and prepares us for all rigors of the outside world."
Many other colleges have now started offering such sectoral courses. Welingkar's and SP Jain institute in Mumbai both have MBA programmes with specialisation in retail and e-business and investment banking respectively.
All these B-schools have tie-ups with many companies who come down to their campus every year and employ their students. For instance, NMIMS has a tie up with Pantaloons for their retail students and the BSE for the capital market course.
NM Kondap, VC, NMIMS, comments, "Employability is the number one factor and secondly students can choose their own paths."
With more and more B-schools aligning themselves with the industry requirements, the students now have an opportunity to look at a specialization right from day one of their management career.