MBA or Masters in Business Administration is the degree offered by various colleges to the students who want to pursue their career further in the field of investment management or business administration. It focuses mainly on the various aspects of business management like accounts, business ethics, statistics etc., with giving substantial emphasis to entrepreneurship and marketing strategies. The degree allows students to pursue their careers in the field of management, and is particularly useful for the ones who aspire for specialised careers like investment bankers, financial analysts, market research analysts and so on.
In India, MBA is a postgraduate degree in management, which is offered to graduates by various B-schools and management institutes. To enrol for the program, students have to qualify for an entrance exam, and the most popular one amongst them is CAT or Combined Aptitude Test. Others include XAT (Xavier’s Aptitude Test), MAT (Management Aptitude Test), GMAT (Graduate Management Aptitude Test) etc.
The entry to the course of Management, is not just restricted to qualifying the entrance examinations; the institutes also have a panel for conducting a Personal Interview Round to sieve out the genuine and deserving candidates amongst them all. The students must be well aware of the kind of personal interview questions that can be asked during the process. Students must prepare the MBA Question and Answers for Top Institutes to increase their chances of cracking the personal interview.
Tips for MBA Preparation
Well, preparing for the Management course is not just limited to academics. It also has several other aspects, which will be discussed below:
- Making a clear-cut career plan: MBA is not just another degree; it is a key to achieving great heights in the career. So one must have a very clear cut career goal before thinking of attempting the examinations. Students must weigh down all the options and must be crystal-clear and focussed in their head as to why they are opting for this course.
- Preparing a list of Entrance Exams: Though CAT is the most popular management entrance examination being conducted in the country currently, it is not the only one. Being the most prestigious one, it also is one of the most competitive exams, being attempted by lakhs of candidates every year. So the students must also appear for other entrance exams as well, like MAT, XAT, GMAT, CMAT etc.
- Knowing about the Institutes: Like the exams, there are also many institutes offering the MBA course. The best institute in the country to study MBA is the Indian Institute of Management, or the IIM. But due to limited seats, students must also make a list of other institutes or B-schools that are AICTE or UGC approved. Students must make a list of the Top MBA Colleges in Mumbai, as the city harbours many centres of excellence in the allied field.
Top MBA Colleges in Mumbai
Mumbai is also known as the Finance Capital of the Country. It, therefore, houses many of the leading institutes of management in India. Students must make a note of the top mba colleges in mumbai, as it will help them choose which college to enrol in once they have successfully qualified for their entrance exam. Here is a list of some of the top MBA colleges in Mumbai:
- National Institute of Industrial Engineering
- Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research
- School of Business Management – NMIMS University, Mumbai
- Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth Deemed University
- J. Somaiya Institute of Management Studies and Research
- L. N. Welingkar Institute of Management Development and Research
- MIT School of Technology Management
- Shailesh J. Mehta School of Management
- Jamnalal Bajaj Institute of Management Studies
- Symbiosis Institute of Business Management
Some Sample Personal Interview Questions
To help the students, here are some of the most popular questions that are asked:
- Introducing oneself: The interview panel, most certainly, asks students to introduce themselves in front of them. Though they have their CV in front of them, this is a way for the panellists to not just make the candidate comfortable but also to know some things more about the interviewee apart from what is already mentioned in the resume.
- Knowing about their career goals: The next personal interview question popularly asked, why are they willing to pursue MBA. This is to gauge how focused they are and how well clear are they about their career goals.
- The strengths and weaknesses: This is perhaps the most tricky question of them all. Anything that the student answers is carefully scrutinised by the panel members. Even the strongest of strengths can be countered as being weaknesses and asked back to the students. And in case of weaknesses, they must be presented in such a way that the interviewers are able to get a sense of positivity in them.
- Are you the perfect candidate: This is where the students get a chance to convince the ones sitting on the other side of the table about their abilities, and why is the candidate perfect to study MBA from their institute. This is one of the make-or-break questions.
- Questions for the interviewers: This is generally asked at the end of the session, and helps the interviewers in getting an insight on what the candidate gained from the interview session and how attentive they were throughout the process. Candidates can ask general questions about the institute.
To know more about the personal interview questions asked in the interview, students can visit BYJU’s website. This will help the students to prepare well for their personal interview round.