Wednesday, December 11, 2013

Mind your own business- BBA program Opportunties in Nepal

Rakshya Shahi is doing her BBA at Liberty College. A sixth semester student, she recently completed her two-month internship at Global IME Bank. Shahi said her interest in the business sector and economics led her to choose the subject. “If you do well in college, there are greater chances of getting a job,” said Shahi. She added that the increasing number of financial institutions in the country was a good thing for BBA students.

Just like Shahi, thousands of youths are pursuing BBA in the country. Experts believe that the attraction for the course among students is a result of the opportunity to develop themselves as entrepreneurs. The six dozen colleges in Kathmandu churn out 2,800 graduates annually.  

“The BBA programme exposes students to various national corporate houses and financial institutions. This helps them to become better managers and corporate leaders,” said Pratap Joshi, executive director of Kantipur International College.

With the expanding scope of management in the country, management graduates with a high level of competency and practical knowledge are in great demand. Many business schools offer various programmes to equip students with the skills needed in a competitive market.

A business school is a management-based institution that confers bachelor’s and Master’s degrees in business administration. They teach a wide variety of subjects including accounting, administration, economics, finance, information systems, marketing, organisational behaviour, public relations, strategy, human resource management and quantitative methods.

Bijaya KC, dean of South Asian Institute of Management (SAIM) College, believes that students get a chance to interact with business leaders and corporate giants and visit various national and international organisations. “This programme prepares students for a professional career in business or public management at entry-level managerial positions,” said KC, adding that this has been a major attraction.

Also, around 200 financial institutions including banks and financial institutions take in students as interns who later get a chance to enter the sector as per their performance. Once they get a break, the good pay they receive at these institutions and the respect they get from society are also major motivating factors.

“While the salary might not be that attractive at first they get better pay within a year of joining, and this also entices them to join the course,” said KC.Meanwhile, Pranab Nara-yan Shrestha, coordinator (student admissions) of Cosmos College, believes that daily exposure of the faculty of management to technological ideas helps students to keep abreast of the rapidly changing world. “BBA graduates get acquainted with interactive teaching-learning techniques that help them identify with the subject matter. Frequent guest lectures by reputed personalities from the academic as well as the business sector provide valuable tips and a professional insight,” said Shrestha.

Similarly, many institutions have tied up with various international universities allowing them to provide international degrees in their homeland. Colleges such as Phoenix have tied up with international universities. “Students are glad that they can get an international degree studying in a Nepali college,” said Dr Binod Bahadur Khatri, Principal of Phoenix College of Management.

Phoenix has tied up with Lincoln University College, Malaysia. It enrols 105 students annually. He said that students studying for international degrees can transfer their credit hours to various universities abroad.

Binita Giri, a BBA student at VS Niketan, believes that the BBA course boosts their morale and inspires them to start business ventures on their own.“This course helps us to understand that the relationship between a boss and an employee is not only limited to money. It also teaches us to work as a team and manage our business well,” said Giri.

source: the kathmandu post,11 Dec 2013