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A
typical course structure of 2 year full time MBA in India looks somewhat
like this :
1) First year has two or three semester/trimesters where all the students
of the batch study same subjects and all the subjects are
compulsory. The number of subjects covered in the year varies from
12 to 25 depending upon the depth of the subject covered under each
subject. The topic covered during the first year are designed to impart
basic knowledge of management and to familiarise the students with
Management. The course structure varies from institute to institute but it
typically covers the following :
FIRST YEAR :
GENERAL MANAGEMENT including Management Process, Management Science,
Business Law , Communications, Indian Economy and Managerial Economics,
Business Environment.
FINANCE AND ACCOUNTING including Financial Management, Management
Accounting, Financial Accounting and Corporate Finance.
MARKETING MANAGEMENT including Sales and Distribution Management,
Market Research, Consumer Behaviour, Advertising etc.
HUMAN RESOURCE MANAGEMENT including Organisational Behaviour, Organisation
Effectiveness, Management of Change and Industrial Relations and
Industrial Law etc.
PRODUCTION MANAGEMENT including Operation Management, Material management,
logistics, Quality
management, Inventory management etc.
INFORMATION TECHNOLOGY including Computer Applications in
Management, Management of Information Systems etc.
DECISION MAKING : Statistics, Quantitative Methods, Operations
Research etc.
2) At the end of the first year the students undergo a summer
training in a business organisation under the supervision of the
faculty and the department in the organisation. The summer training
lasts for 8 to 10 weeks and at the end of the training the students
have to submit a project report. The summer training is usually in the
field in which the student want to specialise in the second year of the
MBA. Apart from the summer Training there will be few industrial
visits during the 2 years. This summer training and industrial
visits provides exposure to the real life working environment to the
students.
3) During the second year students are taught a few common subject
which are compulsory for all the students and the remaining subjects are
on the basis of the specialisation they have opted for. Typically there
may be about 2 to 6 compulsory subject and 10 to 18 optional
subjects to be covered in the second year. These optional subjects
provide in-depth knowledge in the area of specialisation the student have
opted for. There may also be a dissertation project which the students
have to do in the area of his/her specialisation. Some institutes also
provide dual specialisation which is very helpful in some cases. Like
someone who has specialisation in both Marketing and Finance may be the
right candidate for a job of Marketing of Financial instruments.
SECOND YEAR :
Common Subjects in Second Year : Strategic Management,
Business Environment, Business Policy and Business Law,
Dissertation Project .
SPECILAISATION IS TYPICALLY AVAILABLE IN FOLLOWING
AREAS:
A) FINANCE
B) MARKETING
C) HUMAN RESOURCE/PERSONNEL
D) INFORMATION TECHNOLOGY
E) PRODUCTION/OPERATION MANAGEMENT
There
may be other specialisation like agribusiness, banking, general
Management, family business maanagement etc available in some of the
institutes.
A) The specialisation in FINANCE prepares students for jobs in
corporate finance, Bullion sector, investment banking, merchant Banking,
stock exchanges, financial institutions and research firms. Those opting
for FINANCE specialisation are likely to cover most of the following
topics during the second year.
Quantitative Analysis of Financial Decisions,
Management of Financial Institutions,
Security Analysis and Investment Management,
Management of Financial Services,
Financial Markets,
Project financing, Analysis and Management,
International Financial Markets and Financial management,
Derivatives and Risk management,
Portfolio Management,
Cost Management,
Mergers and Acquisitions,
Management Control System,
International Accounting,
Taxation,
Financial Derivatives.
B) The specialisation in MARKETING prepares students for jobs in
Advertising, Market research, Sales etc. Those opting for Marketing
specialisation will cover following topics during the second year.
Product Management,
Sales and Distribution Management,
Market Research,
Quantitative Techniques for Market Research,
Consumer Behaviour,
Advertising Management,
International Marketing,
Brand Management
Strategic Marketing
Retailing & Franchising
Business Negotiation Skills
Rural and Social Marketing
C) The specialisation in HRM/PERSONNEL prepares students for jobs in
Personnel department of business organisation spread across all the major
sectors. Those opting for HRM specialisation will cover following topics
during the second year.
Human Resource Planning,
Team building and Organisational Development,
Training & Development,
Industrial Relations,
IT based Human Resource Management
Management of Change,
Recruitment, Appraisal and Compensation
Labour Law,
Counselling Skills.
D) The specialisation in INFORMATION TECHNOLOGY prepares students
for jobs in IT related field. This specialisation typically produces
IT consultants who can understand business requirement and are aware
of general management. Those opting for INFORMATION TECHNOLOGY
specialisation will cover following topics during the second year.
IT Management,
Management Support System, Decision Support System,
Software Engineering and Project Management,
System Analysis and Design,
Business Process Re-engineering,
Business Intelligence Systems,
Strategic Management of Information Technology ,
Database Management,
Telecommunications for Business,
Software Quality Management,
E-Commerce,
Networking.
E) The specialisation in PRODUCTION/OPERATION MANAGEMENT
prepares students for jobs in Industrial and manufacturing
units. Those opting for PRODUCTION/OPERATION MANAGEMENT
specialisation will cover following topics during the second year.
Manufacturing planning,
Operations Strategy,
Quality Management, Six Sigma, JIT, TQM etc.
Production, Planning & Control,
Strategic Cost Management,
Production Planning and Control,
Management of Technology,
Supply Chain Management,
Research and Development,
Inventory and Vendor Management.