India has made remarkable strides in various fields, including science, technology, and management education, which has significantly contributed to its global reputation. The Indian education system is widely acknowledged as one of the finest in the world, attracting a large number of talented students. Despite the abundance of opportunities in India, many young professionals are now seeking employment opportunities abroad.
Despite the uncertain environment and sluggish growth in the developed economies, Indian professionals prefer to go and work out of India, particularly in the Western economies like the U.S., Europe, South-East Asia, Europe, and Australia. In fact, Ma Foi Randstad’s ‘mental mobility status’ of employees globally marks Indians at the highest on the Mobility Index.
There are myriad reasons why the young professionals of today seek to work overseas. The primary reason for these preferences is that this generation is attracted by a better lifestyle, excellent infrastructure, organised policies, and good governance. On the other hand, a global career perspective offers vast opportunities that provide a better chance for career progression. Overseas employment offers attractive financial benefits, as well as a work culture that fosters valuable experiences and skills, positioning young professionals for success in the future.
Indian youth looking for a competitive edge in their career market may find working overseas a worthwhile investment. They are continually looking to scale up the education that would provide them with this opportunity.
What Is A Global Management Programme?
A Global Management Programme equips professionals with a perspective that allows them to manage businesses in the global scenario. Areas that cover the domain of international business could include:
- International business strategy
- Cross border Communication
- Marketing with a global outlook
- Global leadership
- International trade regulatory and policy framework
- International logistics and operations management
- Managing negotiations and conflict at a global level
A Global Management Programme builds a platform that allows professionals to manage and succeed in a globalised business environment. The knowledge, skills, and experiences gained through a Global Management Programme prepare individuals for international careers by providing:
Global Business Perspective –A Global Management Programme prepares professionals in areas of international business like international marketing, international finance, global supply chain management, international trends , etc. These competencies are essential for managers who want to manage in global business environments.
Cultural Perspectives – To excel in managing global teams and businesses, it’s crucial to have a cross-cultural perspective that can facilitate effective communication, negotiation, and team management. This approach enables professionals to gain deeper insights into international economic trends and identify emerging opportunities in the global market.
Adaptability And Flexibility – Pursuing a Global Management Programme equips the professional with the skills required to adapt and be flexible in global business environments that are dynamic and rapidly evolving.
What Are The Advantages Of Applying To A B-School That Has International Collaborations?
One of the main reasons why young professionals are seeking career opportunities overseas is the desire for global exposure. In today’s globalised world, having exposure to different cultures, business practices, and ways of thinking is essential for success in any career. Pursuing an MBA or MS degree abroad provides students a unique opportunity to immerse themselves in a different culture and gain exposure to different business practices and perspectives. As the world becomes increasingly globalised, students must gain exposure to different cultures, business practices, and ways of thinking to succeed in any career.
Despite the benefits of pursuing an MBA or MS degree overseas, there are also challenges that students may face, such as culture shock, language barriers, and difficulty adjusting to a new academic system. This is where international collaborations with Indian schools can help. By partnering with international institutions, Indian schools can offer students the opportunity to gain international exposure while supporting them. Such collaborations also provide students with access to international faculty and resources, helping to bridge the gap between Indian and international education systems.
Enhancing Your Professional Network with the GMP Degree offered by SPJIMR
The Global Management Programme degree provides professionals with an opportunity to enhance their professional network in several ways:
Collaboration with international peers: The programme offers participants the chance to collaborate with peers from diverse backgrounds, cultures, and industries. This enables them to develop a more global perspective and build connections with professionals from different parts of the world.
Access to alumni network: The programme’s alumni network can be an invaluable resource for professionals looking to expand their network. Alumni can provide mentorship, job leads, and introductions to other professionals in their network.
International study trips: The programme often includes international study trips, providing participants with opportunities to meet with industry professionals, government officials, and other stakeholders in different regions of the world. These trips can help participants build their global network and gain insights into different business cultures.
Is SPJIMR a recognised institution?
SPJIMR is one of the top-ranked business schools in India, and a recognised institution. It is accredited by several international and national bodies. Affiliated to the University of Mumbai, SPJIMR is accredited to the All India Council for Technical Education (AICTE), Association of MBAs (AMBA), Association to Advance Collegiate Schools of Business (AACSB), and the National Board of Accreditation (NBA). SPJIMR is also a member of the Graduate Management Admission Council (GMAC) and the European Foundation for Management Development (EFMD).
What is the fee structure for SPJIMR’s GMP programme?
For 2022-2023, the fee structure for the GMP programme is INR 6,93,500 plus taxes.
What makes the Global Management Programme offered by SPJIMR exceptional?
The Global Management Programme (GMP) at SPJIMR is a one-year, full-time residential programme that prepares students for a career in global business. The programme is globally recognised and is consistently ranked among the top programmes. The GMP offers internship opportunities, international exchange programmes, and consulting projects with global companies. This provides students with practical experience and exposure to tackle real-world business challenges
What are the eligibility criteria for SPJIMR’s GMP?
- Bachelor’s degree or equivalent in any discipline from a recognised university.
- Full-time work experience of minimum of 3 years after graduation.
- A valid score in any of the following entrance exams: GMAT (score obtained in the last three years), CAT (score in the preceding two years), XAT (score in the preceding two years), or SPJAT (SPJIMR’s entrance exam).
- Proficiency in English through a valid score in TOEFL (score obtained in the last two years) or IELTS (score obtained in the last two years).
- Preference to candidates who have prior international exposure (work or study).
The eligibility criteria may vary from time to time. Aspirants would be advised to check the website of SPJIMR in this regard.
Does SPJIMR provide scholarships and financial assistance?
SPJIMR provides scholarships and financial assistance for the GMP to candidates based on criteria that include academic performance, work experience, and financial need. The scholarships on offer for the GMP programme are:
- Merit-based –
- Need-based –
- Female candidates –
- SPJIMR alumni scholarship –
This scholarship is offered on the basis of outstanding academic performance and work experience. The scholarship can range from INR 2 lakhs to INR 5 lakhs.
This scholarship is given to students who are unable to afford the full tuition fees. This scholarship can range from INR 2 lakhs to INR 5 lakhs.
Scholarship is awarded to eligible female candidates with exceptional academic performance and work experience. The scholarship ranges from INR 2 lakhs to INR 5 lakhs.
Candidates who are alumni of SPJIMR and have demonstrated exceptional academic performance and work experience are eligible for this scholarship. The scholarship amount can range from INR 2 lakhs to INR 5 lakhs.