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Q - I am interested to educate my son with a goal to achieve MBA degree from IIM. Please guide me how he will pursue his study to achieve the same. Now he is in std.-V

- Mr. Dash

Answer:

Generally, MBA selection process includes Written Test, Group Discussion, and Personal Interview. The questions are related to Quantitative Ability, Logical Reasoning, General Awareness, Data Interpretation, etc. A person having all these qualities can easily get the admission and complete the programme.

It will be better if your son adapt these abilities naturally. Don't push him for anything.

Help him learn new things, develop leadership qualities and problem solving skills, groom his personality. Encourage him to develop regular reading habits (magazines, books, newspapers). There are many good children magazines which are not only entertaining but include informative contents also. Pick 1-2 such magazines depending on his age. Let him play brain games and quizzes he likes. Sometimes join him. Regular puzzle solving can help too. Self Study is important.

Any graduate can apply for MBA, so choices of subjects doesn't matter. 

Moreover, don't you think you are planning too early for his career and future. It is quite possible that after 10 years some other career will suit his personality.

Let him grow and enjoy his days. Just guide him to become a positive knowledgeable person. He will have a great career no matter what stream he chooses.

In continuation......

Q - My point is, whether my son will be a technical graduate and then prepare for IIM or he will enter into commerce field to be a commerce graduate and then prepare for IIM. in case of technical graduation, every body knows about IIT, NIT, BIT etc. But in case of commerce field, I have no idea about good institutions, imparting education on commerce to get a commerce degree and their procedure for admission into their college. Recently I found that Mumbai University has launched a course on ’BMS’ (Bachelor in Management studies) three year degree course. It has an edge over general commerce graduate for IIM preparation. Howfar it is true & also good I do not know. Therefore I request you to educate me, if possible, about the good institutions imparting commerce graduation course and their procedure for admission to their institution, so that I can prapare my son accordingly.

A -

Choice of stream depends on various factors including one significant factor i.e. what area of specialisation you want to choose for MBA, such as finance, human resources, marketing, operations.

If somebody does MBA after engineering, it is, generally, easy to understand technical aspects. It may be helpful more if you choose a company/industry involved in technical work and projects. Some technical experience may prove even more beneficial. Ideal specialisation fields might be marketing, operations, and related areas.


With commerce stream, you can choose any area of specialisation. But if your target is finance, it is the best option to start with  as we know study of commerce provides basic knowledge of finance and accounts. You can find any good commerce institution in nearby location. Some well known commerce colleges in India:-

Shri Ram College of Commerce, Delhi
St. Xavier’s College, Mumbai / Kolkata
Loyola College, Chennai
Narsee Monjee College, Mumbai
Symbiosis College, Pune
Presidency College, Chennai
Christ College, Bangalore


BBA/BBS courses are specially targeted for business management and business administration education but restrict you to management studies only.


Again, we will say ten years is long time. Your son can get bachelor degree in any stream/area he likes. Additionally, it will be much better to review and check trends after 5 years. Things are changing all around. It is quite possible that after few years our education system is different and he has more interesting combinations of subjects to choose from.

Please Note: This answer is just our view and a suggestion only. We have used our best knowledge but still the information may not be 100% accurate and updated.


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