MBA++ As a Unique & Successful Model in Integrated Development Of Business Executives
International Journal of Management, IT and Engineering, Volume 5, Issue 7, July 2015, pp. 124-133, ISSN: 2249-0558
10 Pages Posted: 12 May 2016
Date Written: July 10, 2015
The cry for quality higher education in Business management has pressurized to create new MBA model which is competency building through ‘stage based quality assurance strategy’ that promotes bridging curriculum gaps, imparting skills and creating a mindset favourable to managing business or work as entrepreneurs. This is a four stage model run through the entire course to bring about growth through a time bound and stage based strategy. The first of this is to build confidence through communication power, augmented through field exposure, interaction with industry experts and case study analysis. In the second stage the students are encouraged to identify fields suited to their talents to orient towards direction, a process facilitated by the faculty to help the students realize and arrive at one’s own potential. Just as a war cannot be won without a strategy however massive its strength be, a business person cannot succeed without being a strategist. The third stage is by converting students into a strategic innovator through team exercises and group competitions in planning strategies. This is largely through innovations since strategy in one context is not the right fit for another context or time. Most of the ills of any business or day to day life is lack of appropriate decision or decision at the appropriate time. The final stage in the model is to foster decision making. Business cannot wait for time. The flair in decision making converts the professional for successful take off. In this paper, we have presented and analyzed the effectiveness of this new MBA model in Integrated Development of Business Executives.
Keywords: Value addition in management education, MBA model, Teaching strategies
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