MBA in General Management
The MBA in General Management is currently one of the most popular choices among MBA courses. Its popularity stems from the fact that it provides a deep understanding of every aspect of a business, such as marketing, management, finance, and accounting.
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By the end of the program, you will have gained the necessary skills and practical industry knowledge in all these areas. This means you'll have the freedom to pursue a career in any industry of your choice.
A general management degree equips candidates with the skills to lead, plan effectively, and guide teams, departments, or divisions within an organization.
Graduates in general management are responsible for overseeing various aspects of management, whether it's the administration department or the human resources department. They are tasked with supervising and coordinating operations across the organization.
Here’s an overview of the MBA in General Management:
When it comes to pursuing an MBA, many students opt for specialized areas such as finance or human resources. However, some students prefer to pursue an MBA in General Management, which offers a comprehensive understanding of various business aspects.
These programs typically span around two years, with the first year focusing on general business courses and the second year honing in on general management studies. During this time, students often undertake a summer internship to gain practical experience.
While general management covers a wide range of topics, not all courses within the program are solely focused on management. Future managers need a well-rounded understanding of subjects like business law, finance, and accounting to make informed decisions.
Here are some of the common courses in general management:
- Human Resources
- Data Analysis
- Project and Strategic Management
- Business Ethics
To pursue a specialization in general management during your MBA, there are certain requirements you need to keep in mind:
- Completion of 10th and 12th grade from a recognized board.
- Minimum of 50% marks at the 10+2 level, although specific college requirements may vary.
- Graduation Degree.
- A basic graduation degree from any field is required.
- Generally, a minimum of 55% marks is expected from applicants.
- Entrance Examinations and Interviews.
- Students need to qualify for the entrance examination specified by the respective colleges.
- Additionally, interviews may be conducted as part of the admission process.
During an MBA in General Management, you gain a diverse set of skills that prepare you for a wide range of leadership roles.
Here are some of the skills you gain during an MBA in General Management:
- Skills Management
- Strategic Management
- Project Management
- Emotional Intelligence
- Interpersonal Communication
- Critical Thinking
Strategic Thinking and Decision-Making
With an MBA in General Management, you develop the skills of strategic thinking and decision-making. This means you learn how to analyze complex business situations, evaluate options, and create effective strategies to achieve organizational goals.
Through real-world projects and case studies, you gain practical experience in developing strategic plans and identifying opportunities for growth and innovation.
This skill helps you make informed decisions that contribute to long-term success by considering market trends, competition, and internal capabilities. It equips you with critical thinking abilities to navigate dynamic business environments and make sound choices.
Leadership and Team Management
With an MBA in General Management, you also develop the skills of leadership and team management. This involves learning how to inspire and motivate individuals, foster collaboration, and create a positive work environment. You gain effective communication and conflict-resolution skills to build high-performing teams.
Through group projects and leadership workshops, you learn to delegate tasks, guide team members, and leverage their strengths. This skill empowers you to lead with confidence, adapt to different work styles, and drive teams toward shared goals. It equips you with the tools to manage change, resolve challenges, and create an innovative and productive workplace.
The cost of an MBA in General Management can vary significantly based on factors such as the business school's location, reputation, program duration, and additional expenses.
However, here are some examples:
|Country||University||Language Of Instruction||Tuition Cost|
|USA||Northwest Missouri State University||English||USD 27,186 per credit|
|Germany||Steinbeis University – Schools of Next Practices||English||EUR 9,900 per semester|
|Austria||KMU Akademie||German||EUR 9,800 per year|
|USA||American University of Leadership||English||USD 200 per credit|
|Spain||Instituto Europeo de Posgrado - Colombia||Spanish||COP 30,655,625 per year|
*Remember that the exact costs can change, so it’s important to contact the respective university or business school you plan to attend for specific information.
With an MBA in General Management, you unlock a world of diverse and promising career opportunities. The skills and knowledge gained through this degree open doors to a range of leadership roles across various industries.
As a general manager, you can oversee the overall operations of a business or a specific division within a company. This role allows you to have a broad view of the organization, make strategic decisions, manage teams, and drive growth.
|Job Title||Average Salary (Per Year)|
|Business Development Manager||$84,031|
|Human Resources Manager||$103,183|
|Corporate Finance Manager||$115,552|
|Public Relations Manager||$80,623|
In the field of general management, several top companies and organizations recruit MBA graduates.
Here are some well-known companies that frequently hire MBA graduates in general management roles:
|Company||Average Salary (Per Year)|
|General Motors (GM)||$172,994|
|Johnson & Johnson||$278,316|
What Is the Average Salary Range for Graduates With an MBA in General Management?
According to GMAC (Graduate Management Admission Council), the average starting salary for recent MBA graduates is $115,000 per year.
How Long Does It Typically Take To Complete an MBA in General Management?
Full-time MBA programs generally have a duration of two years, while part-time programs can range from 2 to 4 years, depending on the specific program and its structure.