7 Things you ought to know about Global MBA Program

By Dr. Mangesh Kasbekar

The modern day manager needs to be equipped with the requisite knowledge and skillsets required to prosper in this global economy. A Global MBA is one such avenue which opens up the gates to understand nuances of international businesses.

Globalization – A term usually argued upon by economists is one thing that has affected plenty of lives in a way good or bad, across the world. It has become very normal to see individuals using international products in their day to day lives. As per a McKinsey & Company report titled as ‘Next Big Spenders – The Indian Middle Class’, the Indian middle class itself will be spending almost Rs 14 trillion on consumption of international merchandise by 2025. The reciprocity of varied markets beyond geographies is today’s reality. One of the most apt terms to describe the dynamic trade scenarios is the existence of a VUCA world - Volatile, Uncertain, Complex and Ambiguous. This results in a dire want for professionals and managers who are ready to tackle these challenges that appear on an everyday basis.

Thus, the modern day manager needs to be equipped with the requisite knowledge and skillsets required to prosper in this global economy. Their approach should focus on being Stable to face Volatility, Certain and focused to gear up for Uncertainty, Simplistic to resolve Complexity and ultimately be Concise and Clear to iron out Ambiguity.

A Global MBA is one such avenue which opens up the gates to understand nuances of international businesses. Learning alongside a pool of students from diverse backgrounds and nationalities, working on scenarios and case-studies of brands overcoming challenges in different continents and developing a holistic understanding of the International Marketplace are some of the prime benefits which can be derived from a Global MBA.

N.L Dalmia Institute of Management Studies and Research (NLDIMSR), ranked amongst the Top 5 B-Schools in Mumbai, gives graduates an opportunity to pursue an MBA from the University of Wisconsin - Parkside (UWP) USA. NLDIMSR, a well reputed brand name in the in specializations of Finance, Marketing and Human Resource, is a NAAC ‘A’ Graded Institute, a B-School that has obtained “Premier Status” from ASIC (UK). It boasts of a robust alumni network of 6000 working professionals in close to 190 corporates internationally at mid and senior level positions. In addition to the existing state of the art infrastructure consisting of Mumbai’s only Bloomberg Lab with 12 terminals and digitally equipped classrooms focuses not only on fundamentals of management but also provides exposure to emerging technologies like SAS, SPSS, Alphabeta, R-Studio and MarkStrat.

These salient features have made NLDIMSR the preferred choice for the University of Wisconsin, Parkside to join hands with an institute in Asia Pacific. The University of Wisconsin-Parkside, since 1968, has been enriching minds and changing lives. That rich legacy continues even today. One-on-one faculty attention and small classes have been their hallmark, and continue to be part of an experience that brightens futures. Their student-centric approach means students don't get lost in a crowd, and do get to work side-by-side with faculty dedicated to their success. UWP and NLDIMSR have begun a mission to facilitate students from the Indian sub-continent with top quality international education in India and USA at a financially possible model. 

The Global MBA program is a one plus one-year course, where the student spends the first 11 months at NLDIMSR and completes the second year at University of Wisconsin - Parkside USA. The student is awarded with a MBA degree post completion of the course from UWP. Listed below are the benefits of NLDIMSR's Global MBA program.

1. Get a State University MBA Degree from the USA

The MBA Degree from UWP ensures that a student develops a holistic understanding of not just the ‘Best’ practices but also the ‘Next’ practices which are taking on the global economy by a storm. They get a firsthand experience of looking at scenarios from a Global Perspective. A US State University’s MBA holds a prestigious acknowledgement across the world and is something that any management aspirant should look up to.

2. Study at an AACSB Accredited College

AACSB is the benchmark of quality for management education worldwide. Acquiring education from a US State University which is majorly funded by the US Federal Government, backed by an AACSB accreditation ensures a solid validation on an incumbent’s profile. Being from an alma-mater which is AACSB accredited has its own set of benefits which can include a higher recognition across the globe and an opportunity to pursue a PhD from the US to name a few. The University of Wisconsin Parkside is one of the only 400 AACSB accredited management institute amongst the 5000 institutes across the world.

3. GMAT/GRE/TOEFL is not a Requirement

One of the major benefits of the Global MBA program from NL Dalmia, as the scores of GRE/ GMAT/TOEFL are not a mandatory requirement. Since the entire program is thoroughly vetted and approved by the advisory board of UWP, the students completing the first 11 months at the NL Dalmia Institute are exempted from the requirements for GMAT/GRE and TOEFL.

4. Work Experience is not a Requirement

One of the mandatory requirements of B-Schools across US and Europe is a work experience of at least 3 to 7 Years on an average. To fulfill this particular gap, UWP and NLDIMSR have ensured that fresh graduates with a proven track record do not miss this exclusive opportunity to learn at one of the best universities in USA. NL Dalmia Institute makes sure the student doesn’t have to face any problems in this regard, by giving enough industry exposer through field visits and expert guest lecture.

5. Highly Cost-effective

The average cost to pursue a MBA from USA is usually between $60,000 and $80,000. On the other hand, the total investment for the Global MBA program of UWP-NLD comes to less than $45,000. The amount includes tuition fees, accommodation charges, meal plans and medical insurance. This ensures that the students recover their investments in less than a year as the average starting salary for a post-graduate from UWP is between $40,000 and $45,000. 

6. International Scholarships & Earning Opportunities

An average GPA of above 3.0 on a 4.0-point scale in the first two semesters at NL Dalmia Institute ensures that a student gets an international Scholarship from UWP. NLDIMSR’s students from the current batch have achieved international scholarships in the range of $3,000 to $4,000 on an average. Also, most of the students from the 1^st batch are already working, and that too in well-known firms in USA.

7. Avenue for an OPT with a F1 Visa

Students can apply for an OPT (Optional Practical Training), which gives them an opportunity to work for 365 days in US as a full time employee after the course on the same F-1 student visa.

An MBA is a once in a lifetime decision and The NLDIMSR-UWP Global MBA program is a golden opportunity to acquire high quality education from globally recognized faculty on a financially feasible model.

An MBA could be a make or break decision and investing hard earned incomes at the right place is definitely one of the most critical factors in defining a person’s success. The NLDIMSR-UWP Global MBA program could be a golden chance to amass prime quality education from globally recognized Institute on a financially effective model.

To know more about this program you can logon to: https://www.nldalmia.in/Course-Global-MBA-Program-University-of-Wisconsin-Parkside

About The Author:

Dr. Mangesh Kasbekar is the Program head-on Global MBA and Associate Professor- Marketing at NL Dalmia Institute of Management Studies & Research, Mumbai, India. He is a Management Professional with an overall experience of 15 plus years; that includes Academics as well as Corporate Industry. In his corporate stint he had the opportunity to work with brands such as Bose India in the field of Sound Engineering, Xerox India Corp and consult a Brand Management agency.