What is an MBA in general management?
An MBA in General Management is one of the most popular MBA courses these days. The reason is that this course offers an in-depth comprehension of all sections of a business, including marketing, management, finance, and accounting. As a result, after your course is finished, you will have the required skills and practical industry knowledge of all these sectors. You’ll be free to choose from whatever industry you want to work in. Even if you don't bag your dream job immediately, this course will help you work in different sectors and slowly gain experience.
The course fees depending on the college you choose, so the range is vast and can fit the pockets of anyone who wishes to pursue this course. This course also focuses on higher or advanced management problem solving and supervision across all corporate industries. So people who want to work up to the top generally go for this course. This is also why this course is so popular and continues to gain momentum.
Why should you study general management?
An MBA in General Management focuses on the critical aspects of all the things you need to learn to manage all businesses. It is not industry-specific, so the scope of your career path broadens drastically. It means you can work in any corporate industry just with this degree.
You get to choose an industry-specific elective from your third semester that will further your scope to learn skills about an industry you might be interested in. It also allows you to build up your experience working in different sectors. In the long run, any company would be eager to recruit you as your resume will be unmatched. With all these benefits, it is no wonder that more students are opting for this MBA program.
Eligibility Criteria for MBA in General Management
This is a two-year postgraduate course, so one thing students must have is an undergraduate degree from a NAAC-approved college. Students must abide by a few more prerequisites to apply for an MBA in General Management. Below is a list of them:
Entrance Exams:
The first thing that comes on the list after an undergraduate degree is an entrance exam. Different entrance exams for MBA candidates are organised all over the country. While some are national-level tests, others are more state-level or college-specific ones.
The main entrance exams that people looking to get an MBA should consider are CAT, MAT, GMAT, etc. There is also a college-specific test you need to take for some colleges where they can rank you based on their aptitude test, and the previously mentioned ones are preferred but not required. CAT is possibly the highest level of these tests, enabling you to land an admission in the IIMs. GMAT is the most commonly taken one across the country. Hence, many foreign universities prefer GMAT scores for the admission process. There is also MAT that many students prefer for its easier comparison curricula.
Your rank on these tests determines which college you can enrol in for your MBA degree. You can also take some international-level aptitude tests to ensure a degree abroad. No matter what test you decide to take, it is necessary to make sure that you work hard enough to get a noticeable rank if you want a chance to pursue your degree in a prestigious college. A degree from these places goes a long way to stabilise your career path.
Skills:
Although an MBA degree ensures that you will develop key aspects of managing businesses during your course, there are a few skill sets you must have to enrol for the degree. Thankfully, these are generic qualities such as leadership, critical thinking, problem-solving, excellent communication, supervision, and multitasking abilities.
This degree will further hone your skills to a level where your resume will speak for yourself. Another thing that can help you in this field is showing that you are always on top of everything related to the corporate industry. In-depth industry knowledge and experience in business-related happenings, be it workshops or projects, can go a long way to ensure your place in a reputed college.
Specializations in MBA in General Management
A General Management MBA covers all the essential components for top-notch managers. While the specializations vary across universities, students can expect to study the following functional areas:
Marketing
Business Finance
Technical Skills
Management
Accounting
Business Policies
Global Business Dimensions
HR Management
Organization Behavior
Scope of General Management in MBA in Terms of Job Prospects
Professionals with an MBA degree in General Management have tremendous scopes in various industries. From FAANG, the Big 3 and Big 4 to all MNCs and national recruiters hire general managers. Here are the common roles you can take up after graduating with a General Management in MBA:
Management Consulting
Human Resources
Branding
Managerial Roles
Sales Manager
Project Manager
Chief Financial Officer
Therefore, the scope of this course varies. Professionals can work in MNCs, Retail, Manufacturing, Banking, and educational institutes with this degree.
Conclusion
An MBA in general management training provides aspiring candidates with the right skills to help them sharpen their careers in top industries. The business environment changes constantly and evolves rapidly, so keeping updated about the course to fit the managerial role is essential. General Management emerges as a pivotal career milestone, ideally suited for individuals who thrive in high-pressure environments and excel in strategic decision-making. It is the fusion of art and science dedicated to the effective management of organisations, a discipline whose significance cannot be overstated in the contemporary dynamic business milieu.