MANAGING MANAGEMENT

this article is solely dedicated to management aspirants and all of those who have got into this fuss.
management is a great fuss but at the end of tit you are out as bright as the shirt shown in tide (washing powder) ka advertise. but on a serious note t his is one course in your life that i bet sure that you would never regret.
Lately, whenever someone who holds an MBA does something ethically questionable, it has become fashionable not to blame the person, but her degree.


What comes to our minds when we talk about IIMs, XLRI, Jamnalal Bajaj, FMS, etc...? A community of world's leading business thinkers, outstanding peers, accomplished executives, salaries like non-terminating number series, slick professionals with their think pads, great professors with their management mantras, brilliant students exuberating self-confidence. Life at a B-school offers much more than all this.

Two years in a B-school prepares managers of tomorrow. Even though students enter into a B-school with a specialization in their minds but B-school provides them with an opportunity to think upon his specialization again. In most of the B-schools, first year is common across all the specialisations, and after 1st year, students go in for their summer training in different corporates. During this 1st year, students do their complete SWOT analysis (Strength, Weakness, Opportunities and Threat) and then they choose upon their specialization. Even during summer placements, students choose their industry on the basis of their future plans. Generally, marketing students choose FMCGs (Fast Moving Consumer Goods) companies or Consumer Durables because of the higher customer interface and challenges. A finance student prefers banks or other financial institution because of the financial exposure which these companies provide. Similarly, a Systems or an Information Technology specialist will have his dream lying in working with companies like Infosys, Wipro, Polaris, etc.




A typical day starts at 6.00 in the morning by grabbing a pink business paper, analyzing the current business scenario. A quick breakfast at 8.30 in the morning, a strategy development session at 11.00 am, a canteen refresher meal at 3:00 in the afternoon while having a light talk with friends and professors, a presentation at 6.00 in the evening and a field survey at 8.00 in the night is just a glimpse of a peculiar day in a B-school. Not to mention that in between the available time, you would have analyzed Reliance Infocomm strategy, Bharti's deviation from its core competency, India's remarkable GDP growth, effect of the weakening dollar, etc.



Most prospective students know that the academic experience at a B-school is rigorous and challenging. It prepares graduates to succeed in managerial endeavor.



The pride of the Institute is over 4000 alumni, working in highly prestigious positions in Fortune 500 and top 100 Indian companies.



But that's only half the story...



B-school is a place that's stimulating, exciting, and fun. A place that has something interesting happening every day of the year. A place that encourages students to pursue their interests and explore their imagination.



From being an integral part of the Annual Paper Presentation in Business Conferences like Strategym, to writing a Business Plan for a start-up company, to helping a non-profit organization better achieve its mission, forms the part of day-to-day life in a B-school. The B-school experience is also about inspiring future managers to ask the probing questions and discover innovative answers as they develop the skills that they need to be leaders and architects of their own destiny.



Perseverance is the key to acquire that much wanted managerial skill set in a B-school. K. V. Kamath from ICICI, Manvinder Singh Vindi Banga from HLL or Ajay Piramal from Nicolas Piramal, all management graduates from top B-schools, certainly will agree with this underlying fact. One has to work hard and the outstanding faculty at a B-school plays a vital role in developing the managerial potential of students. In most of the reputed B-schools, the faculty belongs to the Business Mecca's of the world like Harvard, Stanford, Kellogg or Wharton or he may be FPM from IIMs. This faculty provides a rare mix of competence in both the theoretical aspects of management and the applied working knowledge of its practical aspects.




Apart from the full-time faculty, the visiting faculty which exposes students to actual business environment consists of various industry stalwarts. When they are not advancing business knowledge in diverse fields and working with business leaders around the world, they are unusually devoted to teaching you. Core competency from C. K. Prahlad, Advertising insights from Piyush Pandey or Alyque Padamsee will be a treat to the mental faculties of an aspiring manager. B-school also provides with an opportunity to interact with the alumni of the alma mater who have already proved their mettle in the corporate world in their respective arenas. They visit the institute and share their experiences with the budding managers.



Regular guest lectures at the B-school are a big attraction amongst the student communities. Students get an opportunity to interact with who's who of business world. Who else can tell you better about the success of Bharti than Sunil Mittal himself? How about a lecture from Narayan Murthy on Corporate Governance, or say, a brief interaction with Azim Premji on India's future outsourcing scenario.



A student generally studies between 40-45 courses in a B-school like Statistics, Financial Management, Strategy Development, Organisational Behaviour, Business Communication, Macro and Micro Economics, to name a few. He also gets corporate exposure through his summer projects, winter projects, etc., depending upon his area of interest / specialization.

One of the biggest benefits which a B-school offers is the contacts that one makes with one's classmates. Tomorrow everybody will be a manger in one or the other industry and when the whole of the batch meets during their alumni get-together once a year, the NOSTALGIA is overwhelming.



i have learnt many things from this articles which i found on the net while surfing and i am sure it will help all management aspirants and all of those who are undergong it can relate all this to what is going to come across in MBA.
take care