General MBA or Specialised MBA - What is better and why? Column by Dr. Atish Chattopadhyay, Director, IMT Ghaziabad
MBA aspirants often face the dilemma about choosing the right programme, whether to go for a general MBA programme with regular electives, or a specialised management programme. With the boom of career opportunities in plethora of sectors across industries, there has been emergence of institutes offering specialised MBA programmes. Students a Careers360 sought the opinion on the pertinent question, General MBA or Specialised MBA – what is better and why, from Dr. Atish Chattopadhyay, Director, IMT Ghaziabad.
Prior to taking up the role of Director in IMT Ghaziabad, Dr. Chattopadhyay had held the positions of Dean in MICA Ahmedabad and Deputy Director at SPJIMR Mumbai. In this column, Dr. Chattopadhyay states that in the initial phase of career, specialised knowledge and technical skills are important. As one moves up the ladder, one needs to have a holistic view of business.
Read the full column on General MBA Vs Specialised MBA by Dr. Atish Chattopadhyay.
Times are changing and more and more organisations are looking for management graduates at various levels. In some cases a management degree has almost become an entry level qualification. The question is what kind of MBA is better and why?
MBA originally is a general management programme. Internationally, it is a trend that an individual pursues MBA only after a few years of professional experience. However, in India, fresh graduates or those with limited experience (less than three years) comprise a sizeable chunk of the class in any good management school offering a two-year MBA.
For the first job, specialised knowledge and technical skills are very important. As one moves up the ladder, one needs to have a holistic view of business, and therefore, a general MBA becomes relevant for a leadership role. To put it simply, technical skills play a significant role in the initial years of one’s career, but, as an individual grows up to assume a leadership role, people skills outweigh the technical or specialised skills.
Most of the initial employment is based on specialised skills. And if that is the case, a specialised MBA (or specialised masters in management) is probably more suited for a fresher. The areas in which a specialised MBA can be of value are Marketing, Analytics, Finance and Banking, Supply Chain Management etc. Also, one foresees increased demand for sector specific specialised programs in areas like Infrastructure and Real Estate, Petroleum, Telecom, Retail, Textile, Hospitality and Tourism, Healthcare etc.)
If you look globally, you will find some of the very interesting specialised programmes in Biosciences, Museum Leadership, Horse Racing, Sustainable Energy and Environment, Cyber Security, and Corporate Innovation Management.
As far as the industry is concerned, there is a need for both generalists and specialists. However, a lot depends at what level the requirement is and for what role. For some specific role which requires technical knowledge particularly in a functional area, a specialist with required skills will be more suitable. In roles which require people skills and interdisciplinary understanding of various functions a general MBA is more desirable. However, such general management roles are available only after the individual has acquired substantial experience in a functional role.
Having said that, it appears, that going forward, more and more fresh graduates may opt for a specialised management qualification (internationally known as the specialised MS or Masters), while an experienced professional may seek a general management program (popularly referred to as general MBA). This may not imply the necessity of pursuing two separate MBAs but rather constant learning and skill upgradation to remain relevant. The B-Schools may need to reorient their programs and offering to cater to these changing needs.
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Questions related to IMT Ghaziabad
Is PGDM from IMT gaziabad (Via distance mode) certificate eligible for appearing in UGC NET?
As you had done a distance certificate course of PGDM from IMT so you are not eligible for net exam on its basis.
Onlyits full time 2 years PGDM has MBA equivalence. To clear NET you need to have MBA or any masters degree or equivalent (in case of management education, AIU decides equivalence). IMT CDL is just a diploma and useful for gaining knowledge only. It does not have any academic or corporate value. IMT's full time PGDM has lot of corporate and academic value in contrary.
So it will be better if you do a degree course in masters like full time or part time mba from either IMT or any recognized university.
Hope this will help you out.
Good luck .
is imt ghaziabad better than iim bodhgaya overall?
which is better to join imt hyd or ipe hyd?
Discussing about the comparison of Institute of Management Technology ( IMT ), Hyderabad and Institute of Public Enterprise ( IPE ), Hyderabad, IMT is private Autonomous college and is ranked 38th in best management colleges in India, whereas the IPE is a private affiliated college and is ranked 15th in best management colleges of India.
Talking about the reviews by students and experts then the IMT Hyderabad has good reviews and ratings than that of the IPE Hyderabd.
Discussing about the placements of IMT Hyderabad then, various well renowned companies like Deloitte, Essar, Zomato, Amazon, Arcesium, CBRE, Ultratech, HDFC Bank, Capital First, Blue Star and many more visit its campus for recruitment. The institute has bonding with many international associations like Charles Darwin University, Australia, Macquarie University, Australia, Waterford Institute of Technology, Ireland and many more. The placement percentage of this institute is 45%. The average salary offered is INR 7 Lakhs per annum.
Discussing about the placements of IPE Hyderabad, then, various well renowned companies like ICICI Security, Idea, Ignis Careers, Med Plus, Godrej, Kotak, Axis Bank, Indusland Bank, Mobis, Oracle and many more visit its campus for recruitment. The placement percentage of this institute is 50%.
So, overall discussing, IMT Hyderabad is better than IPE Hyderabad.
should i join IMT ghaziabad with a job in hand.
IMT GHaziabad is a good institute for management however, if you have job in hand and that job is a role which is in a core sector of your graduation, then I suggest you should go and do job at least for a year. An MBA without work-ex is not a good decision as the second year of MBA is all about those students who have some work ex before.
But if the job you have is not a good job but a BPO/Call center/non-core job then you can consider joining IMT.
Hope this helps. Thank you.
I have got 96.807percentile in my XAT2020 and I hadattended IMT Ghaziabad interview on 10/2/20 my academics are 10th-60%12th-57.6and i have done my UG in commerce with 55.6%. I haveworkex about 10-11 months and I am currently working, my GE at interview went good but my PI was avg Wt r my chances?
You really have good percentile in entrance exams which is a positive point but the boards marks are not so impressive. Many candidates will be applying IMT Ghaziabad and they will definitely select the ones who have good academic records as well as experienced. It seems that you have average chance at IMT Ghaziabad. You further don't have the advantage of a optimal work experience. Do keep a track of the wait-list movements also. All the best!