MBA exams with percentile or percentage?

Most of times MBA aspirants are not aware of difference between percentile and percentage. 

Let us understand that percentage is actually the proportion to 100 as reference figure. Thus 28 marks out of 40 mean 70% or 70 marks out of 100.

Now on percentile - suppose that your score on a test is in the 90th percentile. That means you scored better than 90% of the others who took the test. 

It is perceived that in tough competitive exams like CAT which is taken by approximately two lac twenty thousand aspirants, percentile parameter works better way as exam is tough and students may not score that high individually so best among the entire group population can be selected for final GD & PI.  Hence, it can also be said that percentile basis becomes tougher than percentage   as you as student may lose the game by point one percent number also.

University exams and competitive exams have completely different matrix. In competitive exams you are competing with others and ensuring that you are not left out of competition whereas in university exams even if you score one percent higher or lower, you are passing through and are eligible for degree. 

Author: MBARENDEZVOUS.COM

Why MBA Education is necessary?

The business environment is changing rapidly and becoming more complex day by day, there is ever increasing demand for managers who are capable of controlling and managing difficult and demanding situations of business. 

To be successful in any business one needs to have skills and competencies in decision making, finance, marketing and most importantly the interpersonal skills. The person should be well versed to apply these skills depending upon the opportunities and constraints. 

The MBA qualification is mostly planned on the premise that students will be trained to hone similar skills. The MBA program can also help students to apply these concepts in practical situations and might help them in starting a new venture, changing a career, gain competitive advantage, advance into their present career, enhance their financial position etc. Top of all, MBA helps students to develop their personality as a whole.

Author: MBARENDEZVOUS.COM

MBA gives you cutting edge

The other day when I joined pharmaceutical company in Pimpri-Chinchwad, Pune , I was the youngest as Management Trainee but sooner I found that I am amongst young men who were in their late twenties or early thirties. All of us were working in Sales Department and had to visit our customers who were essentially Doctors.

My colleagues who were non MBAs wondered that why I joined company after having MBA degree from prestigious B school?  Even I wondered what is that which I can do differently to prove the point to my organization that management of customers also takes you a mile extra.

Gradually I customized customers and segmented them as per our product mix, in addition to this we targeted them with limited but relevant sales promotional material which competitors did not think of. All efforts culminated not only for capturing extra market share but we created new platform for the launch of new products also as per demand of market.

I realized that it is my MBA education which shaped my DNA to think and act differently, analyze, think beyond horizon and communicate effectively.

Author: MBARENDEZVOUS.COM

 

Tips for Essay

Right from our school days we have been writing Essay with conviction that we will be scoring. We felt confident because here was an opportunity to write with our own ideas and express ourselves & we need not mug up any stanza of some chapter from the book. 

Besides, focus on topic, body copy and concluding paragraph within stipulated time frame and limitation of words other parameters are domain knowledge, handwriting, grammar and expression to judge the quality of Essay.

A certain amount of curiosity will remain as how to compete in Essay writing Test. The more you have updated yourself with current affairs the more you will be at ease to handle the topic.  Listening current affairs programs on radio and reading news paper will help but having discussion on related subjects within a group is bound to give you satisfactory results to be successful in Essay writing during MBA admission.

Author: MBARENDEZVOUS.COM

MBA education shapes your career

After my result of B. Com honors I was really upset as I missed percentage which would have got me admission in PG. I felt lost but my professor guided me to take up CAT plus two other exams from XAT, NMAT, SNAP or MAT.  

After having cleared two exams with valid scores, I got admitted in one of the prestigious B school at Mumbai. Today I am proud of my MBA qualification because of the sheer fact that not only I got placed in good company but I am able to relate my theory to work in my organization also.

The other day in my office when we were told that our sales promotion of our prestigious brand has bounced back and dealers are not picking our brand, we had to strategize to stop our competition which was playing spoilt game. I must admit that it is my MBA education that helped me to think with most practical ideas. We added freebee of our 4^th line product with our existing promotion and neutralized previous flaws. As a result we continued with our leadership in market.

MBA education taught us to become thinker & doer with disciplined positive attitude so that we can preempt moves of competition, well in time.

Author: MBARENDEZVOUS.COM