Today, a greater number of students opt to pursue higher studies than taking up a routine job after graduation. Master of Business Administration or an MBA degree is a coveted program for students all over the world.
What is an MBA and why should you pursue it?
An MBA degree seeks to nurture budding managers. The course educates students on basic areas of business administration such as business law, finance, marketing, sales, human resources, statistics, business analytics, and so on. The curriculum helps students develop instincts on how to deal with real-world managerial duties via relevant industry exposure. It is usually a 2 year-long course. While some colleges term the course as an MBA, others prefer to offer a Post-Graduate Diploma in Management (PGDM) degree.
The biggest advantage of an MBA program is that you need not hail from a particular academic background to study this course. Irrespective of whether you had literature or commerce or physics as your graduation subject, you can pursue an MBA and excel at it. Usually, an MBA can be pursued with the following specializations:
⮚ Finance
⮚ Marketing
⮚ Human Resources
⮚ Business Analytics and Systems Management
⮚ Operations and Supply Chain
⮚ International Business et cetera.
Pursuing an MBA in Chennai
India has a legacy for producing brilliant managers and the country has a host of reputed B-Schools in various cities catering to aspiring MBA students. Often, students appearing for various entrance examinations are faced with the difficult choice of choosing the city and the college where they want to study their MBA. In such a dilemma, Chennai emerges as one of the best cities in the country to study MBA.
So, the question arises: Why is Chennai good for MBA studies? The answer to this question is five-fold.
- Rich educational history: As a city, Chennai is extremely conducive to learning. The city has been home to eminent personalities such as author R.K. Narayan, former CEO of PepsicoIndra Nooyi, industrial big shot Ramanathan V Guha, who have gone on to make it big in the world. The city has one of the best primary as well as higher educational systems in India. As a result, there is a holistic environment of learning in Chennai that will help every MBA aspirant.
- Exceptional literacy rate: According to the latest census figures, the average rate of literacy in the district of Chennai stands at 90.18%. The city has one of the most learned crowds in the entire country. This directly translates to the MBA colleges in Chennai having the best faculty who are experts in their fields. As a result, students studying MBA in the city can expect to have a significant competitive advantage via such qualified mentoring.
- Top B-Schools: Chennai is renowned for housing some of the best colleges in India, irrespective of the stream. So it is no surprise that the city has some of the finest B-Schools too. Some of the top B-Schools in Chennai for pursuing an MBA are:
- Department of Management Studies, IIT-Madras
- Madras Christian College
- Great Lakes Institute of Management
- Loyola Institute of Business Administration
- Anna University
- Hindustan Institute of Technology and Science and many more.
The MBA colleges of Chennai are known for providing top-notch educational facilities, backed by a sound curriculum and reputed faculty. Further, the average MBA enrolment fee in a Chennai college is lower compared to other cities. Thus, an aspiring MBA student is guaranteed to get the best education here at affordable fee structures.
- Low Cost of Living Index: As a student, budget constraints for living out of your hometown often restricts you from traveling to other cities for education. In such a scenario, Chennai is your best bet. According to the 2019 global survey of Cost of Living (CLI) conducted by the Economist Intelligence Unit, Chennai is one of the cheapest cities in India to reside in. Food, lodging, and transportation are affordable in Chennai as compared to the other cities in the country. Thus, the return on investment automatically becomes all the more lucrative.
- Excellent libraries: Chennai has a plethora of excellent libraries. As an MBA student, it is crucial to have constant access to knowledge. The Connemara Public Library of Chennai, which was built back in 1890, is one of India’s four National Depository Centres. It receives and stores a copy of every journal, book or newspaper published in the country, making it a source of infinite content. The Ramakrishna Math Library, the Anna Centenary Library, and the Krishnamurti Foundation Library are the other eminent libraries in Chennai.
The post Why Chennai Is Good For MBA Studies appeared first on VOICENDO.
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