For an MBA aspirant, pursuing MBA from a premier management institute, especially from Faculty of Management Studies is an opportunity that holds promise of a bright career. FMS Delhi - that is known for its high ROI proposition and excellent placements, has carved a niche in the domain of management education long before, when even IIMs were not into existence. In an exclusive interview with Dr. Kavita Singh - Faculty, Behavioural Sciences - FMS Delhi, we obtained insights about the relevance of pursuing an MBA degree to acquire specific skill set for holistic personality development as per the expectations of the recruiters and the current market trend. She also talks about various career options available after MBA in Human Resource, the pros and cons of choosing entrepreneurship in the initial years of growth trajectory, and have answered a crucial questions about the type of MBA course that working professionals can pursue to seek advancement in their career.
Extracts from the Interview
MBA Programme aids in acquiring specific skills
According to Dr. Kavita, when a candidate enrolls for an MBA programme, it is important to understand for the faculty that the aspirant hails from technical background and needs holistic training to face the nitty-gritty's of the corporate world wherein they would interact with various stakeholders: customers, manager, peers, clients to name a few.
An MBA degree would help them acquire following skill set:
Career options available after MBA in Human Resource
Dr. Kavita shares with us that FMS is primarily popular for the General Management specialisation. FMS Delhi is not known for offering HR specialization. However, it is crucial for a candidate to understand the culture of people management in the wake of the contemporary practices adopted by the organisations.
Why HR is an important domain?
A candidate's knowledge in the domain of Human Resource field is one of the critical deciding factors that can have positive or negative consequences on their career growth. Adequate knowledge of this subject can help acquire skill such as
These two qualities can help future managers excel at what they wish to achieve.
Career options available after MBA (HR)
There is no dearth of jobs in the industry for the HR professionals. In every organisation, there is an HR department which requires an expert to manage people and their grievances. Career options available for the aspirants are:
Should you become Entrepreneur immediately after MBA?
Becoming an entrepreneur is a subjective choice that a candidate has to decide after weighing the pros and cons of choosing a job versus entrepreneurship. Dr. Kavita thinks that every employee in an organization is an entrepreneur because each one them contributes in the growth of the organisation. Even FMS also encourages the candidates who wish to pursue their Entrepreneurial venture after completion of their course.
Perks in FMS for the budding Entrepreneurs
10% of the batch can opt for placement holiday for two years to pursue their entrepreneurial interests. In case they do not succeed at this venture, they can again ask FMS to help them find a suitable job matching their skill set.
However, the role of MBA education is imminent for becoming an entrepreneur because:
Part-time vs. Executive MBA - Choosing the best option for the Working Professionals
According to Dr. Kavita, at FMS Delhi, Part-time MBA and Executive MBA do not have much difference. However, she drew a clear distinction between full-time and executive MBA.
About Executive MBA
At FMS, candidates opting for the Executive MBA come for evening classes from Monday to Saturday. To enrol for this programme, an aspirant must possess minimum five years of experience in any industry.
About full-time MBA
Candidates with a Bachelor's degree and a valid CAT score can enroll for this programme. Classes are held in day shift from Monday to Saturday.
Which one should working professionals choose?
As per Dr. Kavita's opinion, it depends upon the life conditions of a candidate that which type of MBA programme fits their career aspirations. If a candidate has family support, and can straightaway go for a management education without a break, then full-time MBA is the best option. However, if the candidate has 5-10 years of work experience and wishes to continue the job while pursuing MBA education, then an Executive MBA is apt choice to enter the corporate world.
About the Expert
Dr. Kavita Singh is a Professor of Organization Development and Change at the Faculty of Management Studies, University of Delhi. On the academic front, Dr.Singh holds a P.hD Management from FMS, Delhi. Dr. Singh has more than 28 years of experience in academics in the specific areas of Organizational Behaviour and Organization Change & Development. Dr. Singh’s research and teaching interests involve Organizational Behaviour, Organization Effectiveness and Change, Organization Development and Counselling Skills for Managers..