Do you approach a business decision like a game of Chess? Do you naturally analyze competition’s position, anticipate threats and opportunities, and think about the next few moves? Do you like to analyze the products of a company via a viz its competitors? Well, then you are thinking about ‘Strategy’ all the time, and should consider MBA in Strategic Management.
MBA in Business Strategy or MBA in Strategic Management or MBA in General Management comes in different forms. Most often, you enter into a ‘Core’ or ‘General MBA’ program where ‘Strategic Management’ or ‘Strategy’ or ‘General Management’ are one of the major specializations that you can take in second year. However, a few programs have ‘MBA in Strategic Management’ as their title.
In India, MBA in Strategic Management or MBA in General Management is one of the most popular MBA courses because it offers an in-depth understanding of all domains of a business, including marketing, management, finance, and accounting. So, after your MBA, you will have the required skills and knowledge to choose any industry you want to work in. MBA in Strategic Management or General Management is also a gateway to dream jobs in covered sector.
For the sake of consistency, we will cover MBA in Business Strategy or MBA in Strategic Management or MBA in General Management under the broad category of MBA in Strategic Management.
MBA in Strategic Management admission process includes entrance examination like CAT or XAT, and personal interview. The minimum eligibility criteria for the MBA in Strategic Management is a bachelor’s degree. There are a large number of government and private colleges/ universities such as IIMs, XLRI or MDI Gurgaon that offer this course. The average course fees for the program ranges between INR 5 Lakhs to 25 Lakhs. The average salary after the completion of MBA in Strategic Management program varies from INR 5 Lakhs to 20 Lakhs.
Do you approach a business decision like a game of Chess? Do you naturally analyze competition’s position, anticipate threats and opportunities, and think about the next few moves? Do you like to analyze the products of a company via a viz its competitors?
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