Management is one of the popular choice among candidates pursuing for higher studies. Science, Commerce and engineering graduates coming from one of the best institutions of India such as IITs, NITs, Delhi university etc. are willing to write CAT examination in order to get admissions in prestigious IIMs. They want to pursue MBA and build their career in corporate world.
These are following reasons given for pursuing MBA from CAT aspirants and MBA graduates:-
I.) Good Salary Package ( CTC)
II.) Work Culture
III.) Growth in Career
V.) Foreign Jobs
VI.) Self Development
VII.) Good Placements
But good salary package or high Cost to company (CTC) package is the one of the highest influencing factors attract students for pursuing MBA.
Average domestic CTC of top 08 IIMs is above 15 lacs. Many students of IIMs are getting CTC above 50 lacs from multinational companies across the world. Most of the IIMs reported 100 percent placement record for their achievements.
These placements are conducted in three phases as below:
A.) Summer Placements : It is conducted during November to December for First year Students. It provides paid internship offers to students in variety of specialization from multinational and domestic companies. Companies could offer pre-placement offers (PPOs) to talented students during internship.
B.) Lateral Placements: It is conducted during December to January for second year students having prior work experience. General management and consulting profiles are popular among all lateral offers.
C.) Final Placement: It is conducted during month of February before graduation. All students are participating in final placement and variety of roles or profiles are at stake offered from consulting institutions , General management firms, Banks, FMCG etc.
Now, many students are also opting for entrepreneurial start-ups and making their own company while using their business acumen achieved through MBA programs. Many IIMs are waived fees for such students and also facilitating incubation facilities for developing their ideas.
After reading this article, You will find your own reasons for pursuing MBA.
All the Best,
Team CAT Aspirants 🙂