‘Catch the opportunity when it strikes first’ goes true with the Bachelor of Business Administration (BBA) programme. No other undergraduate Management or other programme than the BBA grooms the young students who have passed or are appearing in their class 12 exam for the leadership managerial roles.
In the current scenario, when the students along with their parents are very thoughtful and cautious in choosing the best course opportunity leading to higher studies and opening gates for top career prospects is BBA, immediately after completing their class 12, the BBA from top management college or the integrated BBA+MBA from IIM Indore is considered the best.
The four key reasons why you should pursue BBA/BBA+MBA are:
Gateway to Corporate Career
Pursuing the 3 years BMS/BBA or 5 years Integrated BBA+MBA from one of the top institutes or universities like Shaheed Sukhdev College of Delhi University, IIM Indore, NMIMS Mumbai groom the young candidate to become a business leader and grab a managerial position in top corporate companies.
BBA presents lucrative career options in the world of business and corporate management and gives an edge over other students due to the practical knowledge a student gets which is a good way to have the option of great career Growth. By the time the young ones complete their BBA – a graduate degree sought after by recruiters to place the students in managerial roles, the students are placed at better pay packages at early stage of life and become self dependant to just after schooling which gives confidence and lets the person develop strategic planning.
BBA placements trends in top institutes will further emphasize this fact:
Placements at Shaheed Sukhdev College, Delhi University, Delhi
Average Salary: Rs. 5.5 lakhs
Highest Salary: Rs.10.0 lakhs
Top Recruiters: EY India, Smart Cube, Bain & Co, Reckitt Benckiser
Placements at NMIMS Mumbai
Students pursing BBA at Anil Surendra Modi School of Commerce (ASMSOC) mostly go for 5 year integrated BBA+MBA instead of leaving their studies after BBA. It enhances their management skill and they get higher placement packages after doing post graduation. It also helps them to pursue MBA without appearing in NMAT entrance test.
Average salary: Rs.3.54 lakhs
Highest salary: NA
Top Recruiters: Deloitte, L&T, Nomura, Ithaka Travels, Axis Bank, JP Morgan, ICICI Securities, Direct I, YWA, Mahendra Realtors, Wipro, Piramal Group, TATA Capital, Lime tray, CITI Bank, NEPA, UBS Group Variety
IPM Placements at IIM Indore
IIM Indore offers 5 year Integrated Programme in Management (IPM) which combines BBA+PGP (Equivalent to MBA). Students pursing IPM do not leave the course after BBA and continue with IIM Indore Post Graduate Programme (PGP) which otherwise requires the candidate to seek admission through CAT score. After completing IPM, the students at IIM Indore are eligible for MBA placements by top recruiters. The placement trends after completion of IPM at IIM Indore are:
Average Salary 2017: Rs.16.23 lakhs
Highest Salary 2017 : Rs.39.00 lakhs
Average Salary 2016: Rs.15.67 lakhs
Highest Salary 2016: Rs.32 lakhs
Top Recruiters 2017: Boston Consulting Group, Cognizant, Deloitte, E&Y, Goldman Sachs, JPMorgan, Aditya Birla F&L, AkzoNobel, Dell, Google, HCL, Amazon, Apollo Pharmacy, Genpact, GMR Group, L&T, Tata Steel.
Top Recruiters 2016: Cognizant, Ernst & Young, IBM, PwC, American Express, Goldman Sachs, Nomura, J P Morgan, Nomura, GE, Godrej, HUL, Maruti Suzuki, Accenture, Capgemini, Dell, Wipro.
Entrepreneurship and Family Business: Grooming through BBA
In today's competitive world where everybody wishes to become an entrepreneur, BBA helps the young students to think more precisely on different aspects of running a business. It helps in building tactical skills for entrepreneurship and to run and expand the family business.
Shaheed Sukhdev college of Delhi University in its BMS course offers ‘Entrepreneurship Development’ as one of the key electives for the students to enhance their entrepreneurship skills.
Students learn the intricacies of Entrepreneurship and family business at NMIMS. BBA curriculum at NMIMS offers students a choice of specialization in marketing and/or finance roles in the 3rd year of their program. The course provides professional education and training to the students in aspects related to the management discipline for advancement of learning towards promoting excellence in business administration and industry.
By the time students complete BBA, they are empowered to understand the theory, operations, and challenges of global business. It helps students to get deeper insight into the ethnic, social, gender, religious, and cultural diversity in problem solving, decision-making and group dynamics.
The Business Decision Making gets developed with critical thinking, analytical, problem solving skills. Students are equipped with the ability to identify and evaluate relevant information for decision-making. Flexible, creative, critical thinking methods are taken to analyze and solve complex business problems arising out of change and uncertainty.
BBA paves way for higher Management studies
BBA students have the advantage to pursue MBA at an easier pace as compared to the graduates from other streams as the students from other streams have to learn afresh all the concepts and their implementation process practically. Students who have done BBA have already covered a larger part of management learning and during MBA they are well prepared for advanced learning and meaningful implementation.
Besides, the students who are pursuing IPM at IIM Indore or 5 year BBA+MMS at NMIMS Mumbai need not to appear again the MBA entrance test like CAT or NMAT to pursue the post graduate MBA programmes at these prestigious institutes.
While all the 120 IPM students at IIM Indore will get promoted to PGP (MBA) programme after completion of their BBA programme, the best 120 students at NMIMS with 3.0 and above Cumulative Grade Points (CGPA) at the end of 2nd year and if they meet the eligibility criteria will be offered admissions to the MMS Program from 3rd year of the BBA program.
However, NMIMS has kept the option open for the students to exit from the program after successful completion of the BBA Program after the 3rd year.
Accordingly, if a student wishes to do MBA after his BBA degree, there are many advantages as he already has acquired the knowledge and skills to learn the best of management in the MBA course. It will be easier for him to grasp things as he has clear idea on choosing specializations.
In nutshell, the larger perspective of Business World is the key advantage of BBA course. Students acquire management skills at very early stage .It helps student learn the knowledge of business world and act as a leader to take business decisions.
Another important aspect is the cost factor. Doing BBA is comparatively economical than doing MBA as investment amount is less while return is high.