MBA - Masters in Business Administration - is a two-year post-graduate course. An MBA from a good institute is commonly recognized as a passport to a lucrative career. The quantum and variety of jobs open to you armed with a qualification like MBA, are, needless to say, unlimited.

With the increasing opening up and liberalization of the Indian economy, and with globalization gaining a steady and mature momentum, MBA has not only positioned itself as one of the most preferred career choices, but has also become one of the most respected careers. The increasing demand for quality managers, both in India and abroad, has been a trigger for the need to do an MBA. For most young people, it happens to be the numero uno career option.

The tremendous growth in demand for an MBA degree is now leading to severe competition for the relatively few seats in top institutes (the 6 IIMs, XLRI, FMS, IIFT, Symbiosis, IRMA, NITIE, SP Jain and so on). As seen over the years, lakhs of students aspire to get into a good B-School every year ... they are competing for a few thousand seats.

Believe in yourself ! This could very well be the very first step to ensure that you are one of the few to get through this severe competition and emerge victorious in a race that is considered widely as a mark of calibre.

The next step is obvious. Regular practice and reinforcing of fundamentals. It translates into at least 4 to 6 months of consistent practice to convert your dreams into reality.

The term MBA is now used as a generic brand. Most of the students joining various B-schools today get different qualifications. To name a few :

	What does all this mean, as far as an MBA aspirant is concerned ?
	Cyclical corrections in placement quality is a reality of life. Live with it.
	“Salaries” do not fall. The rate of growth may go down.
	Global placements happen regularly, at the best campuses.
	Some candidates may go jobless because they may choose not to accept offers from companies coming to the campuses.

All said and done, despite the global recession seen across the industries, the career prospects for MBAs remain bright.