MBA – To Do or Not To Do?

 Whether doing an MBA in Finance, MBA in Marketing, or for that matter any other specialization area like HR, Operations Management, and others, the benefits of an MBA degree are applicable regardless of industry sector or professional choice.

However, with the dilution of the quality of the study, increase of the MBA degree holders compared to the actual industry or corporate demand, decreasing value of the degree and pay scale both, aspirants wonder if it is worth anymore to pursue the degree, given the commitment, involvement and expenses involved vis a vis the returns.

However, it remains a fact that to work in a managerial hierarchy, especially with financial institutions or even those with entrepreneurial aspirations, an MBA could provide immense value apart from building the leadership skills needed to be successful.

Completing the program from a reputed college itself demonstrates the commitment to learning, improving skills, and learning to apply them as well that will make a business succeed. An individual with an MBA degree from such a college will radiate a greater sense of confidence, be able to market oneself well apart from having the wealth of information in various streams or subjects that are a must for any company or business.

The following rundown will enumerate the advantages of an MBA degree…

5 Benefits of an MBA degree

1)  Augmented Managerial Ability- The study is a jugglery between a challenging and huge study load and extracurricular in addition to other personal and professional (in the case of working students) commitments and pursuits. From here stems out the skills of effective time management and multitasking.

 

2)  More options for Jobs- the degree can be a huge plus in present days of the highly competitive job market by setting the holder a step ahead of the peer job seekers. Surely the degree can be very handy in any sector, be it energy, FMCG, consumer durable, or even start-ups. The degree holder will always be a chosen one because of the knowledge and skills both in marketing, finance, hr, and others.

 

3)  Awareness of the global market and business – with most of the good colleges offering student exchange, internship-abroad programs a student gets exposure to different cultures, knowledge, and perspective of the global economy.

 

4)  Undeniable skills- the students learn business fundamental skills like communication, critical thinking, analytical skills, leadership qualities. Added to this are the networking skills and opportunities to harness future opportunities.

 

5)  Various study options – the program does not limit itself to the boundaries of any fixed timeline that need to be adhered to or barriers like age. Working students even after five to six years or more of work experience can opt for Executive MBA programs which are specially designed to cater to the needs of such students. Besides, even the best B-schools in the world are offering various study modes like in-campus, online or part-time.

 

The Trending MBA Specializations

Apart from the traditional specializations which now perhaps have become saturated, new aspirants may explore the hot demands prevailing in the market like   MBA in Artificial Intelligence, MBA in Business Analytics & Big Data, MBA in Entrepreneurship just to mention a few.

5 Benefits Of Pursuing MBA From Top B-Schools Of India

 

It is believed that the top-notch recruiters prefer hiring fresh talents with MBA qualifications from reputable B-schools. According to some of the reputable recruiters, only the best B-schools in India are known for preparing their students to be an ideal fit for managerial job profiles. That is another advantage of pursuing an MBA from the top B-colleges of India.

 

Advantages of Pursuing MBA From Top-Notch Indian B-schools

 

Pursuing an MBA with a specialization

 

A reputable B-school ensures an MBA specialization in those subjects that have maximum demand these days. A specialized MBA program offered by any of the top-notch B-colleges prepares you to enhance your practical knowledge of operations. You can always implement the same knowledge in your profession while working as a marketing manager, operations head, or any other similar managerial job profile. 

 

Identifying  the role of data analytics in marketing

 

The importance of data analytics cannot be denied in marketing these days. A sound knowledge of data analytics in marketing offered by the best B-schools enables you to evaluate the current marketing performance of the business. With knowledge of marketing data analytics, you can always frame future marketing strategies by enabling the company to reduce marketing expenses. Moreover, if your marketing strategy works out, you can always expect an appraisal in the organization for your marketing strategy.

 

Leveraging your knowledge of supply chain operations

 

A reputable B-school enhances your knowledge of operations in various ways. With a better understanding of operations, you can always expect to be the right fit for the job role of a supply chain operations manager. As an operations manager in a business associated with supply chain and logistics, you can always contribute your knowledge as an operations executive. If your operations knowledge is good, your suggestion can help the organization to implement an innovative operations strategy in the existing business.  

 

Knowing the importance of analytics in management

 

Analytics play a significant role in every business these days. As a business analyst, you can always help an organization to analyze its performance and add your inputs post-observation. Your decisions will help the organization to take adequate action for improving your operations strategy. If your observation skills are good, you can always help the organization to improve its performance. An MBA program with analytics specialization is a good way to leverage your analytical skills. If your analytical skills are good, you can always help the organization improve its business performance.

 

Acquiring entrepreneurship skills

 

A career-focused MBA program is a good way to leverage your entrepreneurship skills. You can always use your entrepreneurship knowledge to start up your own business after completing your MBA program. Good knowledge of business ownership in an MBA can help you to enhance your entrepreneurship skills.

 

Conclusion

 

The growing popularity of MBA is one of the reasons for maximum colleges to offer MBA programs in their academic curriculum. However, only a few of those B-schools can be tagged as the best MBA colleges in India. If you are willing to pursue an MBA career, you should prefer only the top-notch B-colleges for pursuing an MBA program.

 

 

Importance of MBA With Operations in IT and E-Retail Sector

 

The growing need for strategizing business operations is not unknown to entrepreneurs. Nowadays, maximum companies need potential managers to strategize their business goals. Ignoring the importance of operations in the IT and e-commerce business is impossible. Maximum IT and e-retail companies look for experts with MBA in operations management in India. If you plan to do an MBA, sound knowledge of operations will be an added leverage to ensure your professional growth.

 Role of Operations in IT and E-Commerce

 

According to the latest reports of India Brand Equity Foundation, the increase in export of IT software services increased by 4%, which is near about 133.8 billion US$ in the last financial year. Similarly, the e-retail sector has witnessed significant growth in market size. The giant IT and E-retail companies planning to expand will require skilled operation managers for running their business. If you want to be the right fit for those job roles, an MBA specialization in operations is always a good choice.

 

Leverages unlocked With MBA in Operations Qualification

 

Ample of job diversities to explore

 

An MBA with knowledge of operations can help you to take the job role of logistics manager, freight operations executive, productivity operations manager, and similar job roles. As an operations manager, you can always find ample scope to strengthen the current work practices followed in an IT firm. This will enable the organization to optimize unnecessary expenses on operations. Furthermore, if your strategies work out, you can always expect appraisal in your career along with an attractive salary hike.

 

Improving existing work process

 

Nowadays, e-retail businesses need to adopt the latest technologies to ensure their presence in a targeted market. A value-added MBA program with operations knowledge enables you to know the latest technologies used for monitoring operational activities from time to time. You can always use the right technology in a business process to bolster the current business performance in your organization.

 

Leveraging your data analyzing skills

 

Data analysis plays a crucial role in monitoring the operational activities in major IT companies. A career-focused MBA program in operations includes data-based analytical skills to evaluate the current performance of an IT process. You will find plenty of ways to execute your data analytical skills to monitor the loopholes and rectify those with your operations skills. That will help the organization to improve its business performance and stand ahead in the crowd. In addition, it will help you to prove your professional credibility as an operations manager in the respective organization.

 

Conclusion

 

Whether you are planning to pursue an MBA in human resource management or operation management, always prefer the top-ranking B-schools for pursuing an MBA program. Then only, it will unleash all of these professional leverages shared above as an operations manager in leading IT and e-retail firms.

Why Would You Prefer a Renowned College For MBA?

 

A management course is the ultimate gateway towards a bright professional future. In India, maximum students prefer an MBA course after completing their graduation in various disciplines. A value-added MBA enables you to acquire the key qualities needed as a manager. Only a few of the top MBA colleges in Ahmedabad or anywhere else in India offer a job-specific management course. If you want to expand your professional horizons, a reputable B-school should always be on top of your preference list.

 

A Career Focussed MBA Always Impacts Professional Growth

An MBA degree leverages your professional future only when you are enrolled in a B-school that ensures competitive job guarantees. The top companies always look for potential recruits who are dynamic and equipped with multi-tasking skills. Only those candidates are the prime choice of maximum recruiters. According to some of the recruiters, maximum companies hunt for recruits with all of these skills mentioned above to reduce their managerial job burden. A good MBA college prepares you to acquire the trendy managerial practices followed by maximum corporate firms.

 

Benefits driven from a job-specific MBA program

 

Leveraging entrepreneurship skills

A career-oriented MBA program enables you to leverage your business ownership skills. If you are willing to own your family business post your MBA, you will have enough ideas to streamline the critical goals of your business setup. It also enables you to find suitable managers to overview the operations of your existing business that raise the productivity margin of your business, finally leading to profitability.

 

Enriching your communication skills

 

Maximum companies look for managers with good communication skills. The businesses which are involved in an international process need managers to communicate with international clients. A value-added MBA program enhances your basic communicative skills while having a conversation with the client. If your communication skills are good, you can convince the respective client to make your point. If your communication skills are good, you can always establish your views. With sound client communication skills, you can always strengthen your portfolio and expect to grab better employment opportunities in your professional future ahead.

 

Acquiring financial management skills

 

Finance plays a vital role in every managerial sector. It is one of the significant reasons for which maximum companies prefer MBA professionals with a finance background to take over their financial responsibilities. As a finance manager of an organization, you should be able to take critical financial decisions in the organization. That includes monitoring the financial expenses in the organization, regulating unnecessary expenses, and similar financial duties. If you are good at controlling the financial operations, you can expect appraisal in the organization along with a hike in your basic salary.

 

Conclusion

It is always wise to prefer any of the top MBA colleges in India for pursuing a management course in your career. Then only the degree will help you to unlock all of these learning benefits from a job-focused management program.

5 Solid Ways To Frame The List Of Top B Schools For Pursuing MBA

 The popularity of pursuing an MBA degree in India is next to China. According to survey reports conducted by eminent educational consultancies, 15.6-16% (approx) students are Indians who hold an MBA degree.

 

The growing employability scopes for MBA qualified professionals are one of the critical reasons for students to choose only the top Bschools in Gujarat to pursue management programs. If you are one of those aspirants, you should look into the key factors to determine an ideal business institute for yourself.

 

Few Ways to Select the Top B-Schools where you are an ideal fit

 

The reputation of the institute

 

Always look into the reputation of a B-school before adding it to your preference list. Maximum recruiters prefer those candidates who have completed their MBA courses from renowned MBA colleges. If you want to pursue higher studies after MBA from an overseas b-school, the management degree offered by an MBA college with an established reputation will be an added benefit.

 

Knowing the learning outcome from the programs

 

Know the learning outcomes offered from an MBA program before finalizing a Business school for yourself. A reputed MBA course ensures competitive learning outcomes. Some of those outcomes are shared below:

● Exposure of working on live projects

● Attending industry driven workshops to know the current managerial practices followed in the industry

● Acquiring practical knowledge to execute Six Sigma rules of management in your profession and many more

 

By acquiring these skills, you can always prove your professional credibility to expect appraisal in your profession.

 

Consider the eligibility factors 

 

Know the eligibility factors before applying to any of the top-notch MBA colleges. If needed, visit the official website of the college to overview their eligibility criteria. Some colleges conduct separate admission tests before offering admission to the candidates. Consider those factors as well before applying to any of those colleges. It will enable you to shortlist those colleges where you are confident enough to get admission.

 

Get ensured about the Placement factors

 

Placement plays an essential role while shortlisting the MBA colleges. A globally accredited B-college should provide a good placement opportunity to you. That enables you to add your name with the top branded corporate firms from the beginning of your career. The initial CTC offered by renowned recruiters will help you to get a better hike on your basic salary later while job switching.

 

Consider the academic benefits ensured by the institute

 

A few MBA schools offer competitive academic benefits like offering international exchange programs. Such programs ensure students to visit international colleges in exchange for a student from the respective overseas college to visit the respective B-school. Therefore, it is better to choose an MBA school that offers such academic benefits to the students enrolled in any of the management courses offered by the institute.  

 

Conclusion 

 

While finalizing an ideal B-school in your career, always consider all of these factors shared above. It will help you to choose a top business school in India where you are an ideal fit to pursue an MBA career.

Relevant details about pursuing an MBA course

 Stop and think about why you want to pursue a Master of Business Administration (MBA). Life after an MBA may not be as simple as you think. Not every management graduate is offered a prestigious position with competitive compensation. To be able to build a stable and successful career after an MBA, you must first set your goals. The top MBA colleges provide the best of the education to the students.

 

Nowadays, the most common reasons for pursuing an MBA are:

 

You will make more money as a result of this.

It allows you to advance in your current position at work.

It enables you to leave a dreadful job.

However, in order to get an MBA and be fully pleased, you must adopt a more cognitive perspective:

 

Why get an MBA in the first place?

 

to begin a career path that will lead to success

If you're an experienced professional looking to make a career change,

to cultivate an entrepreneurial mindset

to establish relationships with the best in the industry

To increase your personal brand value

personal development

Start a company/start-up/become an entrepreneur

to relocate

 

After earning an MBA, you can apply for top positions.

 

You should have a knowledge base about occupations that demand an MBA degree if you've determined why you want one. You can then pursue your job passion based on that information. Client relations, business planning, consultancy, resource or system analysis may all be part of your work description, but let's look at the career options after an interview in more detail.

 

Security and investment analysis, as well as portfolio management, are part of banking and finance. These positions, which are available in banks, insurance companies, security firms, and other financial institutions, need a professional who can make sound investment decisions. Corporate Treasury, Credit Analysis and Business Operations, are all job profiles that are related to one another. Companies like Goldman Sachs, RBS, Nomura, J.P. Morgan, and Barclays, among others, frequently offer such positions.

 

Commercial Banking, Corporate Banking,  Cards Management, Liabilities Product Management, Wholesale Risk, Relationship Management, Transaction Banking, Compliance, Credit Risk, and Treasury are some of the other employment opportunities available in banks. MBA graduates are hired for these positions by banks such as ICICI Bank, Yes Bank, Axis Bank, Kotak Bank, HDFC State Bank of India, Bank, and RBL.

 

Information System Management: This position necessitates a candidate who is more tech-savvy, such as someone with an MBA in Information Systems. Such applicants seek for new and cutting-edge technology in order to better assist a company. They engage with financial and managerial departments to give a complete cost study for the usage of appropriate technologies.

 

Investment banking is a highly sought-after position. SBI Capital Markets, Motilal Oswal, and Bank of America Continuum are just a few of the companies that are hiring for this position. As an underwriter, the proper applicant can help. He or she is responsible for connecting investors with groups in need of funding. The candidate must be able to assess what will work best for the client. They work with both customers and acquisitions & mergers. Treasury, Investment Management and Securities are some of the other job profiles. Nirma MBA is one among the Top MBA Colleges in Gujarat where you can seek admission.