A postgraduate management programme in public policy and governance is called an MBA in Policymaking. The course lasts for two years, during which time students gain the information and abilities needed for the formulation and administration of public policy. It is a course that broadens a student’s knowledge of society and helps him or her gain insight into the forces that shape society and how policymaking affects those forces. Continue reading to know more about it.
This Blog Includes:
|Course Name||MBA in Policymaking|
|Course Level||Post Graduate Course|
|Course Duration||2 years|
|Course Fee||5 Lakhs|
|Average Salary||5 Lakh Per Annum|
What is it About?
A student who wants to pursue a career in governance and work for government agencies or nonprofit groups that try to solve social issues can benefit from taking this course. The different components of this subject, such as policy formulation, innovation, service provision, legal concerns, and public policy regulation, among others, can be addressed by a student of the Public Policy Management course. The subjects of management, economics, finance, marketing, operations, etc. are taught to course participants. Graduates of the MBA programme in public policy management develop the skills necessary to address social challenges and manage them through public initiatives. Let’s take a closer look:
- Teaching and research in the areas of public policy, public management, and governance are part of the MBA in Policymaking degree programme.
- The course equips the students with the knowledge and abilities needed to persuade lawmakers to support social causes and to create policies that would benefit society.
- The goal of this course is to develop abilities that may be used to challenges in business, economics, finance, and management as well as social issues.
- The students receive instruction on how to effectively participate in legislative proceedings, give speeches, and run meetings that are required to advance social objectives.
- The curriculum aims to develop abilities that can be used in subjects connected to business, quantitative analysis, economics, finance, and management as well as social issues.
- The students in this course develop the expanded sensitivity and capability skills needed to better manage public programmes and systems, as well as become familiar with worldwide trends and practises to enable the investigation of cutting-edge possibilities and choices.
- International business, business law, marketing, and human resource management are among the disciplines included in this program’s Foundation curriculum. Additional topics covering executive-legislative relations and public budgetary processes are also covered.
Also Read: Masters in Public Policy in the UK
Why Study MBA in Policymaking?
A student who wants to enter a renowned career that allows him to use his degree and skills for the good of the public can choose from a variety of intriguing and extensive MBA Public Policy courses. These days, many students enrol in this course. The following are some justifications for considering enrolling in this course:
- A student who wants to pursue a career in governance and work for government agencies or nonprofit groups that try to solve social issues can benefit from taking this course.
- The numerous components of this subject, such as policy formulation, innovation, service provision, legal concerns, and the regulation of public policy, can all be addressed by a student who has taken the Public Policy Management
- In this course, students learn about and obtain practical management, economics, finance, marketing, and other related topics.
- Graduates of the MBA in policymaking develop the skills necessary to address social challenges and manage them through public initiatives.
- Students’ academic intelligence and research skills both enhance as a result of the training.
- Candidates who successfully complete this course are hired by the government, non-profits, consulting businesses, and international organisations. They are employed as welfare officers, social entrepreneurs, policy analysts, etc. Policy analysts make an average compensation of at least Rs 6 Lakhs.
Popular Colleges to Study MBA Policymaking
Below mentioned are some of the popular universities to study MBA in Policymaking:
- St. Xavier’s College, Mumbai
- Indian Institute of Technology, Bombay
- St. Joseph’s College, Banglore
- Amity University, Noida
- Tata Institute of Social Sciences, Mumbai
Also Read: PhD in Public Policy
In order to be eligible for MBA in Policymaking students must fulfil the below-mentioned requirements:
- Candidates must have earned at least 50% on their BBA, B.Com, or equivalent examination.
- Anyone from a reserved category must have obtained at least 45%.
Below mentioned is the admission process for MBA in Policymaking:
- Candidates who applied for admission to the MBA in Public Policy Management programme will be chosen based on their performance on the entrance exam and their qualifying degree.
- Some colleges may administer their own entrance exams in addition to the national MBA entrance exam. Candidates can learn what entry examinations the college accepts by visiting the college’s official website. Here is more information on the MBA entry tests.
- Selected candidates will receive calls to participate in the group discussion and personal interview rounds. Know how to pass this GD.
MBA in Policymaking Syllabus
|Macroeconomics in Public Policy||Financial Reporting|
|Organisational Behaviour||Economic Analysis|
|Public Policy Analysis||Strategy for Public Policy|
|Ethics in Public Management||Macro Economics in Public Policy|
|Development Economics||Social Entrepreneurship|
|Programme Evaluation||Health Economics|
|Innovation and Leadership||Project Management|
|Infrastructure Development||Decision Making|
Also Read: Detailed Guide for MBA
Career Options & Job Prospects
A student can pursue a career in a field that seeks to address social issues by earning an MBA in Public Policy Management. Graduates of this programme typically work for government agencies or nonprofit businesses. The course also opens up employment chances in commercial businesses and consulting firms that specialise in public administration and policy. A student who wants to work on research projects and stay in the academic field of study should take this course.
Opportunities for employment following an MBA in public policy management are hard and necessitate strong organisational, managerial, and communication abilities. Professionals in this sector must have strong decision-making skills, be creative thinkers, and endeavour to improve society.
A career in public policymaking can be extremely rewarding and give a candidate a distinctive viewpoint and new experiences. The following are a few of the top locations for hiring MBAs in public policy management.
Ans. IIM Banglore is best for public policy.
Ans. IIM Bodhgaya is the cheapest in India.
Ans. Yes, MBA in Policymaking is high in demand.
A career in governance and a desire to work for the welfare of individuals and society at large make an MBA in Public Policymaking an excellent choice. But, selecting the ideal university on academic credentials and other factors can be challenging. Get in touch with our team of experts at Leverage Edu to streamline the process and give your career a boost like never before.