Practical MBA is an educational course that permits its recipients to apply their knowledge and acquired skillset directly in a professional workplace for better work-life integration. MBA is business management administration and is a general approach for business management. But in Practical MBA will customize and tailor made the theories and approaches according to practical necessities of a specific industry/workplace. All the subjects dealt in practical MBA courses are designed is a way that gets relevant and related to that specific industry vertical.
Practical MBA does not deal ample with theories, perceptions,
rulebooks, assumptions & history, which a university MBA degree mostly
deals with. All Practical MBA Programs keeps its focus mostly on the applied
features of the business/specific industry & not on the general theories. The
specialties of Practical MBA are:
·
Mostly suitable for job seekers, app Practical
MBA programs are designed to make the recipients street smart by keeping focus
on applied facets of business management.
·
The classes are coordinated by subject matter
experts and hardcore industry aware people like Business
Professionals, Industry Experts and Business Managers.
·
The goal of these programs is to train and groom
ready-to-work, industry-aware professionals for workforce.
·
These are short-term courses and cost-efficient
than a regular MBA holders.
·
It has been surveyed that while, 30% regular MBA
students can complete a regular MBA, almost 90% students of practical MBA
course can complete their course successfully.
Practical MBA is more
a concept than a usual degree, which can impose huge influence for recipients. Practical MBA is not taught by universities but by some
specific autonomous institutions like IIBM
Institute.
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