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Value of an MBA degree for an entrepreneur

India is the 3rd largest startup ecosystem in the world going by the number or startups and unicorns. The infrastructure around startups has grown exponentially and rather transformed in the last few years making entrepreneurship more accessible and possible for everyone across the country.

India has around 60k registered start-ups of which 10% are venture capital (VC) funded and is all set to build 250 unicorns by 2030.

With ample support from the government and private institutions, getting guidance, required digital and functional infrastructure, and even raising funds is easy for young entrepreneurs.

Businesses like OYO and Zepto are a testimony to the fact that young bright minds can own and build big businesses. This leaves us confused if MBA is necessary to be successful in business.

To enroll for an MBA or not is surely a classic dilemma for most people around 23-32 years of age who have a great business idea.

What does one need to study to become an entrepreneur? What are the benefits of an MBA, is an MBA even important? What do entrepreneurs do that needs a formal business education?

Sure enough, MBA is never necessary, people have been running and building businesses prior to MBA degrees as well. But there are several benefits and leanings from an MBA degree that will not only give you an edge but will help you improve your learning curve and build a successful business at a good pace.

ALSO READ: MBA course guide: All you need to know

Eight reasons why entrepreneurs earn an MBA degree

Here are eight reasons why entrepreneurs need an MBA degree and how they can benefit from the same.

  1. Core knowledge that you need as a business owner – Studies say that 38% of startups fail because of financial mismanagement and as high as 35% fail due to lack of marketing and communication (Source: CB Insights). MBA provides the skills needed to start a company and scale it, in a step-wise process. You will learn about business development, communication, marketing strategy, finance, operations management, hiring and retention, economics and business law. These are all subjects that a business owner must have an overview of.
  2. Hone skills that are a must for an entrepreneur -Decision making, leadership, and people management are a must have for an entrepreneur, the MBA course is designed such that you are provided with multiple case studies, models, and tools to equip you with the right skills that you need in managing a business.
  3. The power of network that helps you with the thrust your business needs – MBA is one degree where the peer learning is delivered in the most effective manner, you have access to like-minded people who are equally excited about problem solving and delivering value. You may even find your partners, co-founders and can tap into the alumni -network, making it simple to test your idea.
  4. Start your business during your MBA – Everyone has great ideas but only a few have the wherewithal to implement and execute the same. MBA does not take away time from your startup but actually helps you with the practical knowledge that you need to run a business more efficiently. You can apply what you learn immediately and make your company successful.
  5. Today angels and VCs are investing in founders – The background of the founders is more important than their idea or product for an investor. It is the leading factor to decide on an investment. The founders’ vision, his educational and professional background, and past experiences are the reason why startups get funded. A valid MBA degree instills the right amount of confidence in the investors.
  6. Time management – An MBA teaches you multiple skills at one time, you end up learning the art of managing your time well. Multi-tasking and that too efficiently and effectively is something which this course teaches you.
  7. Thrive under pressure – An MBA gives you adequate skills and prepares you to navigate through a competitive and professional environment seamlessly. You would never be scared of deadlines and delivering under pressure. A business degree equips you with all the important tools and foresight which will not only empower you as an entrepreneur but will also help your company sustain and thrive even in this competitive business landscape.
  8. Safety net – Yes, you read it right, we all need a safety net of a plan B –  an MBA degree from a college with high reputation never goes in vain. You will always be in demand and will land your dream job, surely you don’t need one as you are building your business but it can help you freelance, utilize your time and skills better. Moreover, to know that you have a back – up plan makes one more confident and secure.

READ MORE: 10 reasons why should you choose an online MBA in India

Accelerate your growth with an online MBA

I am sure you see the benefits an MBA can provide you if you are an entrepreneur or are starting up now. The question remains, should you quit your job and study for two years? 

You don’t need to. Digitization has not only made workplace convenient and effective but has also empowered educators and learners making online degree a smart choice. The flexibility of online learning is extremely beneficial for entrepreneurs. It allows you to manage your time & money while you are up-skilling yourself.

Online MBA courses you can select from –

Online MBA from Manipal Academy of Higher Education

Online MBA from Manipal University Jaipur

Operations Manager job role interview questions

Operations management is a procedure that involves effectively controlling the processes and resources used to produce goods and services for sale by a business. This kind of management is concerned with how the business uses its resources. Managing the resources, technologies, people, and goods that keep a business functioning may also fall under the purview of operations. 

Every industry in the economy offers job prospects for operations and supply chain specialists because all businesses have suppliers, consumers, and processes. Like manufacturers of automobiles or home appliances, service companies in industries like information technology, healthcare, and hospitality management require planning, scheduling, and coordination. Additionally, there are openings in local, state, and federal government, non-profits, consulting firms, and specialized businesses that manage operations and supply chain work that is outsourced from other businesses. 

Business process reengineering (BPR), which entails redesigning processes to increase performance and efficiency for the overall quality of products, is a common reason businesses recruit operations managers. There are several career prospects for operations management students across a variety of sectors. Supply chain analysts, operations managers, procurement specialists, healthcare operations managers, etc., are examples of typical positions that a student of operations management can apply for after completing their course. Businesses hire operations management students in various sectors, including consumer products, retail, logistics, and pharmaceuticals.

Useful article: Job roles in MBA Operations Management

Is an MBA in Operations Management a good career choice?

After completing your graduation, if you are considering an MBA programme in Operations Management, you are on the right path because it is a fantastic career option for individuals interested in working in the primary business functions. Operations managers are behind the success of finishing multiple jobs or projects with the appropriate utilization of workforces and resources. In order to ensure that everyone completes their tasks on time, an operations manager also plans strategy updates. Each commercial firm, no matter the sector, needs an operations manager to manage their organization’s daily operations and business processes, from hospitals to banks and retail establishments.

Thus, an MBA in Operations Management is a good career choice for individuals planning to get into managerial roles. There are quite a few benefits of pursuing an MBA programme in Operations Management, as operations management is required in almost all businesses.

The likelihood of employment will also grow with an MBA in Operation Management, making it a wise career choice. Aspirants can, in reality, enter any industry or sector as they would be adequately qualified to handle practically all of the functions of the manufacturing department of a business.

The benefit of operations management is that it has been extended to several industries rather than being restricted to just one. It can be a good option if you’re interested in becoming a manager after gaining some experience.

An MBA in Operations Management engages students in the area of logistics and supply chain management and attempts to teach students how to effectively manage business activities in an organization.

Following are some of the basic information which a person must have before starting their MBA journey in Operations Management:

Name of the programMBA in Operations Management
Time required2 years
RequirementAt least 50% in any under-graduation program
ExamsCAT, GMAT, XAT, etc

The article provides some probable operations manager interview questions to help you land your dream job as an operations manager.

Also read: Important concepts to learn during an MBA in Operations Management

Operation management interview questions and answers for job aspirants 

Here are some of the important operations manager questions and answers to guide you in landing a job in the operations department.

What do you know about logistics management?

Assuring the smooth delivery of commodities, freight, packages, raw materials, finished inventories, and packages from their point of origin to their final recipients requires a number of processes that fall within the purview of logistics management. Depending on the level of digitalization a company has, these processes might be either automated or manual. With the help of technologies like Artificial Intelligence(AI), Machine Learning, and the Internet of Things, among many others, modern and efficient logistics management enables companies to discover fresh revenue streams, improve delivery profitability, and produce wonderful customer interactions.

Processes for managing inbound and outbound logistics flow are the foundation of logistics management. Moving supplies from suppliers into a storehouse and then into a manufacturing facility to create products is known as intound logistics. Raw materials, instruments, component components, office supplies, and office equipment can all be a part of inbound logistics. Moving finished goods from warehouse inventories and transporting them to clients is known as outbound logistics.

The administration of all the operations involved in returning goods and commodities is known as reverse logistics. Reverse logistics deals with returning products to the source company from the consumer or end location so they can be recycled, repaired, refurbished, or reused.

What are the day-to-day responsibilities of an OM?

The recruitment of new employees and team training are among the human resources-related responsibilities of an operations manager. Their objectives are to raise staff output while upholding corporate standards and quality control. Operations managers make sure everyday activities go without a hitch in all departments. Depending on the respective industry, an operations manager may have different duties specific to the business. 

An operations manager employed in construction, for instance, concentrates on budget development and procurement, whereas an operations manager employed in online shopping or e-commerce is in charge of inventory management and sales tactics. 

The following are some of the general duties and responsibilities of operations managers: 

  • Organizing events to increase staff motivation and engagement
  • Analyzing user data to calculate the cost-benefit ratio locating problems in the company’s supply chain through quality control checks
  • Establishing and monitoring employee schedules 
  • Creating strategies for employees’ professional development 
  • Establishing objectives for increased output and improved efficiency
  • Monitoring the overall budget of the business as well as departmental budgets 
  • Establishing corporate guidelines and carrying out periodic updates regarding workflow and process
  • Resolving disputes between departments about resources
  • Examining the company’s resource management and looking for ways to boost employee productivity 
  • Developing tools to automate repetitive process monitoring on-site projects and field operations
  • Resolving inventory management concerns

Have you worked on any management information systems? If so, what are they?

The study of individuals, organizations, technology and their interactions is known as management information systems (MIS). MIS specialists assist businesses in maximizing the return on their investments in people, equipment, and business operations. MIS is a people-focused industry with a focus on providing services using technology. A degree in MIS might be right for you if you are interested in technology and want to utilize it to aid businesses in improving their processes. 

Data sources for managing data are made by MIS professionals. They also oversee numerous information systems to serve the demands of management, employees, and clients. MIS specialists can play a significant role in areas like data protection, integration, and exchange by collaborating with other members of their work group in addition to their customers and clients. 

Tell me about cost analysis tools.

Cost Analysis is a simple-to-use visualization tool that will assist you in tracking and managing the cost of your Cloud Infrastructure. A cloud cost analysis tool is a software application that helps businesses reduce the cost of their online operations. The tool provides useful insight into how a company uses its cloud computing resources in general. You can create graphs and get precise, trustworthy tabular reports of cost data with cost analysis tools. You can use cost analysis tools to produce reports and perform spot checks on expenditure patterns. 

What are the best practices of financial management?

Some of the best practices of financial management are:

  • Doing responsible money planning
  • Attempting not to complicate the procedure
  • Accountability and openness are crucial for improving the efficiency and smoothness of the financial management system
  • Create separate accounts for personal and professional use

Managing financial transactions is the one common interest shared by all organizations. Making several crucial financial decisions is necessary for running a firm.

What is the best approach for negotiating vendor contracts?

Always consider whether the vendor meshes with your business and is consistent with your current objective. Mutual interest is the one factor that unites all partnerships. The likelihood of developing a lasting connection increases with the number of shared interests you have. 

On the other hand, it is always preferable to leave if your ideals appear to be at odds. The next step is to create a thoughtful list of the requirements you are looking to fill. Consider the obstacles the supplier will need to conquer, the services or costs you are willing to bargain for, and the issues you will not be willing to compromise on. 

Never enter vendor contract discussions without having a strong backup plan. This is the guiding principle while negotiating supplier contracts. Additionally, you can always advocate for what’s best for you while exploring the options with more than one provider because you won’t have to worry about damaging a connection. 

Converse with several suppliers at once. Inquire about their costs, the method they use to transport their products, and other facets of their operation. Gather a lot of information to aid in weighing the competing offers from each provider. Comparing various bids ensures that you are not entering a negotiation without any market expertise. 

Risks and liabilities are other issues to watch out for during vendor contract discussions. It’s usually advisable to establish limits for risks and responsibilities that are specified to avoid being caught off guard. Recognise when you should renegotiate a contract or when you can afford to cut your expenses and part ways with a vendor.

How would you motivate employees resistant to changes in company procedures?

  • Encourage a positive workplace culture. Employees are far more likely to swiftly embrace the change if they perceive you, to be honest, and if they feel loyal to you and trust you. Your efforts in creating this kind of connection will benefit you during a change.
  • Describe the changes. Any change initiative will result in job changes that leaders might not have expected. Encourage employees to discuss the change, so they are aware of the advantages it provides to them personally and the beneficial effects it will have on their jobs.
  • Justify the change’s cause. Just describing the changes is not sufficient. Make the change’s purpose clear to staff members who weren’t involved in its planning. Give them the justification for the modification.

How would you help your team achieve the company’s goal?

Request cross-departmental cooperation: Efficient internal communications are essential to achieve company objectives. It can also boost efficiency and productivity. When it comes to forming partnerships to accomplish goals during the design of a product, service, or project, an effective internal interaction plan is essential.

Hire experts: When your team doesn’t succeed in reaching its objectives, it may be essential to hire a senior expert profile. In-house capabilities can be strengthened by qualified specialists with adaptability, and they can satisfy urgent business requirements on schedule. Motivation is the key: You lose productivity when you multitask frequently. The simplest approach to avoid feeling intimidated by a major objective is to break it down into manageable steps. You can work with your team to improve delivery performance by streamlining internal procedures. When making clear, manageable goals, strive to be realistic about what you can accomplish and keep things simple.

How does company culture affect your work?

The important role of company culture is it aids the organization in maintaining its own identity. It gives the organization’s employees a feeling of stability and belonging. Top performers and valued talent are more likely to stay with an organization because of its culture. It fosters a climate of involvement and raises staff output. It keeps employees joyful and enthusiastic about their jobs.

Did you and your team face any problems in the past? If yes, how did you overcome them?

The team needed a more effective training strategy to run operations. So we designed a strategy that covered all aspects of operation and was efficient and simple to learn. The crew ultimately adored the curriculum and felt incredibly powerful following training with the guide.

Explain how you handle budget planning?

Zero based budgeting and flexible budgeting processes are reasonable approaches to budgets. Cost reductions are a planned outcome of using these two strategies and can take place concurrently. As a result, there is no longer a need for cost-cutting initiatives that would be necessary if a rolling forecasting or static budgeting method had been employed. The plans can be adjusted, and unpleasant surprises can be avoided with a monthly check against P/L. When using a rolling forecast or a standard static budget, one must make sure that the goals are established by the frequency of occurrence and must, as a general rule, be between 1 to 2 degrees of separation. Budgeting and cost-cutting efforts that use averages as a benchmark are doomed to failure.

How will you solve operational issues within an organization?

Operation manager employs a range of abilities to support a company when it has operational difficulties. They can identify these circumstances as soon as feasible because of their ability to monitor the company. Work to find a solution by applying critical thinking and problem-solving abilities. The operation manager can guarantee a properly implemented solution that will assist avoid such problems in the future thanks to coordination and teaching abilities.

Why do you think you can be a good operation manager?

  • ·An excellent operations manager can interact with the operational personnel and recognizes the value of the workforce. This entails stating the obvious, offering meaningful and constructive feedback, and paying attention to empowering team members.
  • An efficient operations manager is one who effectively controls resource intake and output. These experts streamline procedures to lower the cost of goods per unit, enabling them to sell for less while still leaving a sizable profit to stay flexible in cutthroat business situations. The hard effort of the production teams can often be rewarded when processes are carried out in this way.
  • When objectives are not achieved, leaders go further to identify the root causes of the issues. Setting up regular meetings with different managers and department heads enables careful supervision without displaying an outward presence among employees, which is something operations managers who believe it is their primary obligation to keep a tight check on certain procedures.

Have you implemented any cost-cutting strategies previously? 

Outsourcing: Small companies and startups do not have significant revenue streams. As a result, using freelancers or outside firms to outsource your needs is more cost-effective than hiring full-time staff. One of the many services that would be best handled by a third-party business is marketing and advertising. Cost-cutting is essential while business is still in the early stages since, as it expands, you will need to hire full-time personnel for all areas.

Looking for lower prices: Create a bidding process for projects and tenders before making the final selection. Send out requests for proposals to potential vendors with as much detail as you can, then compare costs. Never sacrifice quality and value for lower prices while you search around for the best deals.

Adapt to technology: In the business world, embracing technology and implementing it will help lower operational costs because it eliminates errors, which frequently charge your company time and money. Robots are a great example because they operate more quickly and accurately than humans. Additionally, ERP software gives you the ability to boost precision and automate some organizational tasks, which lowers operational and administrative costs.

Paying bills timely: You’ll save money by making sure you pay invoices on time in two different ways. First of all, there would be no delayed payment fees. The same holds true for any loans you may have. Vendor discounts are the second benefit of clearing your payments on time. 

Explain how you would create a report about our company’s production costs.

A production cost report formally presents the four essential phases of allocating costs to units sent out and units in ending WIP inventory. A processing department’s output and cost activities for a reporting period are compiled in the production cost report. 

What skill makes you a successful operation manager?

Technical competence: Operations management demands technical application expertise in areas like data entry, industrial automation, and computer access to plan data, budget tracking, and design procedures. Numerous companies and organizations combine technical applications for managing customer connections, measuring costs, and automation business procedures. Technical expertise is a crucial component of your operational and managerial skills due to the large variety of operations that businesses rely on.

Plan strategically: Rational reflection and strategic planning are two crucial components of the operational management skills you’ll need to succeed in your career. Operations managers need to be able to spot potential problems before they arise and come up with innovative solutions to problems that assist teams in achieving their goals. Possessing the ability to evaluate data and input required for business process decisions is another aspect of strategic planning.

Product designing: The stages of a programme’s product development are often participated in by operations managers. Operations managers must comprehend the product development procedures that enable firms to create income to oversee the design and creation of new items, supervise the quality control of final goods, and keep an eye on budgets. You must possess the abilities required for this position to assist market development teams and steer projects toward success. 

Data processing expertise: The collection, entry, and distribution of operational data into your firm’s computer network may be your responsibility as an operations manager. For tracking a variety of corporate operations, such as sales, receiving and outgoing cash flow, vendor deliveries, account holders, product design, and supply chain management procedures, data analysis and organization are crucial.

Staff control: Operations managers are employed in management positions and are often in charge of supervising and managing several teams of workers. As a supervisor, you must possess solid abilities that enable you to assign assignments effectively, organize and maintain personnel calendars, carry out assessments, and increase employment. 

You may also like: How to become an Operations Manager?

Achieve your dream job with Manipal University Jaipur’s effective online degree programs

In the present era, online learning is becoming more popular. Online master’s degrees with multiple accreditations are offered by many UGC-recognized institutions. A master’s degree earned online is just as valuable as one earned on campus. Depending on the school and field of study, a master’s degree program can be completed in one to three years. A variety of online master’s degree programs are available through Online Manipal in a variety of fields, including MBA, MCA, M.Sc., M.Com, and others. One of the leading master’s degree providers in India encourages skill development among its students by providing free access to Coursera.

Conclusion

Before going to an interview, you should practice these operations manager interview questions. These operations management interview questions should help you get the job of your dreams.

How PGCP in Management helps explore a career in marketing?

Key takeaways: 

  • PGCP in Management can help you understand customers’ needs and expectations to ensure that your company delivers products and services that people want.
  • The course will help you understand how to create a strong brand identity for your company, which will attract customers to buy your products and services.
  • It will also assist you in understanding how to use marketing research techniques like surveys, interviews, and focus groups to know what information is most useful for your business decisions.
  • PGCP in Management will help you learn how to effectively manage advertising campaigns and public relations efforts to reach the right audience at the right time with the right message about your product or service.

Whether you want to become an accounts manager, sales representative, or a marketing consultant, PGCP in Management will give you the tools and expertise to succeed in these competitive fields. It will hone your skills to ensure that you land in great marketing jobs after the business management certification program.

The program allows you to learn how to analyze data and make informed decisions based on your findings. It also helps you develop critical thinking skills essential for success in any business area. The training allows you to work on projects with other students who are pursuing careers in marketing, as well as professionals from all kinds of backgrounds. This makes it easy for you to network with potential employers and learn about what companies are looking for while hiring new employees.

Marketing is a vast field and involves managing large teams and budgets. It also requires you to communicate your ideas clearly and concisely with confidence. The skills you will learn during PGCP in management will help you meet the demands of this career path.

What is PGCP in Management?

Post-Graduation Certification Program in Management (PGCP) is a one year long program that helps you gain the required skills to enter the workforce. You can earn a management certification program if you have completed your undergraduate degree and want to further your studies.

You will learn how to –

  • Develop business strategies
  • Market products and services
  • Analyse financial statements
  • Make decisions based on data

In addition to teaching students how to manage effectively, this course provides an opportunity to develop their potential by learning from experienced professionals.

The program focuses on training students in finance, marketing and operations management. It also offers practical exposure through internships and project work so that they can gain valuable experience before entering the workforce.

What is a PGCP in Management with a specialization in marketing?

A PGCP in management with a specialization in marketing helps you become a future-ready professional in the challenging field of marketing. If you choose TAPMI’s PGCP in management with a marketing specialization, you’ll learn the following subjects in depth.

  • Product and brand management

Product and brand management is the process of managing your company’s products and brands and the marketing strategy for those products. It is an essential part of marketing because it helps you to develop strategies that will help you reach your target market.

  • Digital marketing

Digital marketing is a subset of marketing that uses digital platforms to reach your target audience and sell your products or services. It encompasses everything from social media marketing (SMM) to email marketing, search engine optimization (SEO), paid ads, content creation and more.

  • Marketing analytics

Marketing analytics is all about measuring your digital marketing effectiveness by analyzing data like social media engagement rates, click-through rates on banner ads and more—and then using that data to make changes so that you can get better results from future campaigns!

Advantages of PGCP management in marketing

When it comes to marketing, your choices are never limited. But with PGCP in Management, you can be sure that your brand will be more focused and effective than ever before. Here are just a few of the many advantages of PGCP management in marketing –

  • Sales and marketing

The sales and marketing department is responsible for identifying potential customers and convincing them that your company’s products or services are the best option for them. This requires looking beyond today’s trends and analyzing the prospects.

  • Product management

A product manager is responsible for managing the features of a product or service to ensure it meets customer needs. They need to be able to anticipate how new technologies will affect their offering and adjust accordingly. In addition, they must understand how customers perceive their product or service so that they can find ways to improve it over time—and keep up with competitors who may offer new features that make customers abandon yours altogether.

  • Capture dynamic realities of a marketplace

The next advantage of PGCP management in marketing is that it allows you to capture the dynamic realities of your marketplace. By understanding how people in your target audience think and feel, you can develop products and services that are more likely to appeal to them. This means that your marketing campaigns will have more impact on consumers, which will lead to increased sales.

  • Provide a holistic view of customer expectations

Marketing research can help you understand what customers expect from your brand and how they view it. This helps you create an overall picture of what they want from your company, which helps ensure that all of your marketing efforts are working together to tell one cohesive story. It also helps keep individual campaigns focused on what matters most to consumers at large rather than simply trying to sell something before they even know what it is.

Industries-wise careers in marketing after PGCP in Management

Here are the industries in which you can get a job after a PGCP in management

BankingEdtechFMCG companiesMediaAdvertising

Marketing is a vast and diverse field. You can work in any industry, from healthcare to technology, and there are many different types of marketing jobs after business management. The following are some of the most common and sought-after types of marketing careers after PGCP.

  • Banking

Marketing in the banking industry is about selling products, services and ideas to customers. The core responsibility of marketing is ensuring that the target customers are reached and persuaded effectively about the product or service being offered. 

Marketing specialists usually work for banks to understand the needs of their customers and develop strategies for reaching out to them. They also help with channel management, customer relationship management (CRM), digital marketing, sales promotion activities etc.

  • Edtech

In this industry, marketers are responsible for developing strategies to promote products or brands through various channels such as advertising, public relations and social media platforms. They also conduct market research and analyse data related to customer preferences to understand what type of content they need on different platforms.

  • FMCG companies

FMCG stands for fast-moving consumer goods, and these companies manufacture products that people frequently buy—often on a daily or weekly basis. An example of an FMCG company is Coca-Cola. These companies mainly focus on supply chain management and marketing, which means that there are plenty of opportunities for marketing professionals to get involved in the business’s day-to-day operations.

  • Media

The media industry is another great option for PGCP graduates who want to work in marketing. This industry comprises several areas: advertising agencies, public relations firms, journalism organizations (like newspapers or magazines), publishing houses (like Hearst or Condé Nast), etc. Each area has its responsibilities and challenges, but all share one common goal: getting their message out there!

  • Advertising

Advertising is one of the most critical aspects of marketing. It is also one of the most creative and challenging fields. As an advertising professional, you will be responsible for developing new strategies and campaigns to help your company sell more products or services. 

You will work with clients to understand their goals, needs, and wants, then translate those needs into actionable strategies. You can also be involved in creating content for websites, social media pages, print ads, television commercials, and more.

Careers in marketing after PGCP in Management

There are many career opportunities in marketing after PGCP in management. Here are some of the most common ones:

  • Marketing executive

If you are interested in working in marketing, but you don’t want to be a manager, a marketing executive might be a good option for you. You will be responsible for developing ideas for campaigns and projects that will help grow your company’s brand. You will also be responsible for implementing those ideas and ensuring they are successful.

  • Brand manager

A brand manager is someone responsible for overseeing all aspects of a product or brand’s marketing strategy. They work closely with marketers at all levels of their organization. They need to have both an understanding of the company’s larger goals as well as an appreciation for what makes each product special.

  • Product manager

Product managers are responsible for managing every aspect of their product line, from planning new products and features to sales, support, and marketing strategies. They work closely with designers, developers, engineers, marketers, and other departments within their organization to ensure that each new product meets both business goals while also being something users want to buy into.

  • Sales manager

A sales manager is an individual who leads a team of salespeople. They are responsible for setting the goals and strategies for the team and overseeing their execution. A sales manager may also be responsible for hiring new employees and developing their skill sets to help them reach those goals.

  • IT manager

An IT manager oversees all aspects of information technology in a company. This includes ensuring that systems run smoothly, managing software licenses and renewals, and handling technical issues during day-to-day business operations.

  • Business analyst

Business analysts perform various tasks related to analyzing business processes to identify areas where improvements can be made. These may include conducting interviews with employees who use specific processes regularly (such as accounting staff).

  • Data architect

Data architects are responsible for designing and managing the databases that power applications and websites. They work with developers, IT leaders, and other stakeholders to ensure that systems are built in a way that makes it easy to extract data from them.

  • Senior data scientist

A senior data scientist has worked in the field for several years, has extensive knowledge of analytics tools and techniques, and can help organizations make better-informed decisions based on their data. They understand how their work will impact the business (and often beyond).

  • Digital marketer

Digital marketers use data to inform their marketing strategies and campaigns to target the right audience at the right time with the right message. They might work directly with clients or manage teams of people who do so on their behalf; either way, they need excellent communication skills because they are likely dealing with people across different departments at any given time.

  • Content marketer

Content marketing is one of the fastest-growing fields in marketing, and it is a great place to start. If you are interested in content marketing, you will need to know how to write compelling copies that will convince people to buy a product or service. You will also have to understand content strategy and how to create attractive, engaging content to help your company build its brand.

  • SEO specialist

SEO specialists work with search engine optimization experts to improve search results for their client’s websites. They might also work with developers on coding and other technical aspects of website maintenance and development. SEO specialists usually have at least some technical knowledge (such as HTML), but they also need excellent communication skills and can explain complex concepts clearly and concisely.

TAPMI PGCP in Management

TAPMI’s PGCP in management is one of the best certification courses to excel in the field of management. It is a top-notch, globally renowned course that has been providing quality education to students worldwide for many years.

The institute’s faculty comprises experts in their respective fields with years of experience working with renowned companies worldwide. The institute also offers a variety of courses, including management, finance, marketing, operations management and human resources management.

It has state-of-the-art classrooms equipped with computers and projectors, which help students learn better. The campus also has a library where students can access books related to their coursework.

The program consists of modules that cover topics such as accounting, financial management, marketing management, operations management and human resource management. Through case studies and practical sessions, students will also learn how to apply different theories from these fields in practice. These modules are followed by an internship program where students can gain hands-on experience before entering their chosen field.

TAPMI PGCP in Management offers flexible schedules for its students to work while pursuing their careers.

Bottom Line 

If you want to get into management and do it in the most efficient way possible, then TAPMI PGCP in management on the Online Manipal platform is the way to go.

It is affordable, convenient, and flexible. You can take your classes on the go or at home at a time that works for you. You don’t have to worry about going back to school full-time or having to give up your job.. And all of this is made possible by our expert faculty members, who are dedicated to helping you succeed in whatever career path you choose.

Career opportunities in capital markets after TAPMI PGCP in Management program

Key takeaways: 

  • Capital markets are among the most exciting and rewarding professions. 
  • If you are interested in capital markets, TAPMI’s PGCP in management is the best place to start your career in banking and finance.
  • After completing the TAPMI program, you can become a trader, analyst, fund manager, or any other finance-related career. 

Career opportunities in capital market

Capital markets are financial institutions that allow companies to raise money through stock and bond offerings. If you are considering pursuing a career in capital markets, and taking your career to the next level, this article is for you. 

The first stock market was established in Amsterdam in 1602. The goal was to provide a platform for companies to sell their business shares and raise capital from investors. The idea caught on quickly and spread across Europe, culminating in the formation of the London Stock Exchange in 1698.

Throughout these early years, European companies primarily issued stocks but did not make it to America until World War II ended. In the following years, there was strong demand for capital among American businesses. However, there was no place for them to sell their shares. This led Congress to create a legislation allowing companies to sell securities (i.e., stock) publicly for the first time in 1933 (the Securities Act).

Today, over 41,000 active companies are listed on stock exchanges worldwide, with a combined market cap value exceeding USD 80 trillion!

What is the capital market?

A career in capital markets, especially in banking and finance, has caught the attention of young job seekers. However, in order to measure its suitability as a career, you first need to  understand the nitty-gritty of capital markets.

Capital markets are the financial markets where capital is raised and traded in exchange of company shares. It entails both debt and equity markets. Capital markets are mainly where companies raise money by issuing securities such as stocks, bonds, or financial derivatives.

In such a market, investors can purchase shares of stock in an organization or company. These investments are typically made by individuals who wish to own a piece of the company’s success in return for providing the funds needed for expansion. The benefits of investing in the capital market include making money from the investment and earning interest on it until it is sold back.

The main participants in the capital market are governments, corporations, banks, pension funds, insurance companies, mutual funds, and individuals.

The advantages of capital markets are that they allow companies to access large amounts of money quickly (which is especially important for high-growth businesses), and they allow investors to diversify their holdings among many different companies (rather than buying one stock).

Types of capital markets

When a company or individual wants to raise money, they often do so through capital markets. Let’s take a look at the types of capital markets. 

  • Primary market

The primary market is where an investor buys stock or bonds from the company that is raising capital. In the primary market, a company issues stocks or bonds to raise money for its operations. This means that investors buy those stocks or bonds directly from the company, using that money to pay for whatever it needs.

In the primary market, companies issue new securities that have never been sold. This can be done through an initial public offering (IPO), in which a company publishes new shares for the first time and then sells them to investors; or it can be done through other methods such as private placements, where a company sells its stock to a small number of investors without making an IPO.

  • Secondary market

The secondary market is where investors can trade their stocks and bonds with each other after they’ve been issued. This means that when you buy a stock on Wall Street, your purchase isn’t creating new wealth—it is just changing hands from one investor to another.

In other words, the secondary market is where investors can buy and sell securities already issued in the primary market. Investors can buy or sell stocks, bonds, mutual funds, options, and other financial instruments through the secondary market.

Skills required to pursue a career in capital markets

If you are interested in pursuing a career in financial markets, a few skills will help you succeed. These include:

  • Mathematical knowledge

Capital markets are highly mathematical, so you must have a firm grounding in mathematics for a career in banking and finance. You will need to understand complex financial formulas and concepts, as well as be able to perform complex calculations. In addition, you will need to be able to analyze data using statistical software packages such as Excel or R.

  • Knowledge in economics

A background in economics can also be helpful for a career in the financial markets. Economics is important because it provides the foundation for understanding how macroeconomic factors affect the markets and how they may change over time.

  • Programming skills

These days, it is not enough to be a good writer or analyst. It is important to have strong programming skills for a good career in capital markets. A career in HFT (High frequency trading) requires strong programming skills.

  • Analytical skills

Analytic skills are crucial to working in capital markets. You need to be able to analyze market data, assess the value of assets, and make predictions about how they will perform. A job in capital markets requires you to think critically and apply your knowledge of trends and historical data to decide what will happen next.

  • Communication skills

Almost every profession today requires good communication skills, so does a career in capital markets. It is important to communicate clearly with clients and customers. 

Demand for capital market roles

The demand for Capital Market roles is increasing as more companies seek to become publicly traded entities. As a result, career opportunities in capital market roles are expanding, and there are more jobs available than ever before.

Companies are looking for people with experience in capital markets to help them navigate this new business world. These professionals must have excellent communication skills and understand the needs of their clients and their own company’s objectives.

Because of this demand, many companies are looking to hire professionals who can step into these positions immediately. They want someone with experience working in capital markets but won’t require training or onboarding before they are ready to contribute fully.

There are several different types of capital market positions available.

 

Types of capital market positions
Investor Relations (IR)
M&A (Mergers & Acquisitions)
Equity Research Analyst
Fixed Income Research Analyst
Debt Research Analyst
Derivatives Research Analyst
Equity Sales Trader

Career prospects in capital markets

Capital markets is a broad term that encompasses the financial services industry. It includes banking, insurance, mutual funds, and hedge funds. Here are a few roles you can consider for a successful career in capital markets. 

  • Business development manager

Business development managers are responsible for finding new investors to join the company. They work with portfolio managers and risk managers to find companies that would fit the portfolio well. Then they reach out to those companies to begin the conversation.

  • Risk Manager

A risk manager is in charge of ensuring that all investments made by the company are safe and secure so that they don’t lose money or otherwise affect the overall health of the company. A risk manager will check in on investments regularly to ensure everything goes smoothly and is managed adequately by both investors and portfolio managers.

  • Portfolio Manager

A portfolio manager’s job is to manage the investments made by their company. They will work with risk managers and business development managers to determine which companies should be added to their portfolios based on their potential for growth and their safety as an investment choice.

  • Credit analyst

The role of a credit analyst involves assessing a borrower’s creditworthiness, typically in the context of a loan or bond transaction. Credit analysts usually work alongside other financial professionals (like accountants and lawyers) to determine whether or not a company or individual is capable of repaying any loans they have taken out.

Credit analysts also work with clients to ensure their accounts are in good standing. This means they keep an eye on client accounts and ensure that their clients aren’t over-borrowing or taking on too much debt.

  • Relationship manager

A relationship manager is responsible for building relationships with clients, ensuring they are satisfied with their service or product, and helping them understand how to make the most out of it. A key responsibility of a relationship manager is to ensure that all customers get what they need from their company, whether it is financial advice, insurance coverage, or loans, and feel comfortable using it.

  • Stock broker

Stock brokers are responsible for buying and selling stocks for clients, ensuring that all transactions go smoothly and legally. They also have insider information about a company’s performance, which can be used as part of their decision-making process when advising clients on whether or not they should invest in a particular deal. They typically work for brokerage firms, which are paid by commission. 

  • Fund manager

A fund manager is a person who manages funds, which can be anything from an investment fund to a pension fund. They have to ensure the fund is doing well and making enough money for the investors who have put their money in it. They also have to decide which kind of investments will yield the best returns for the fund and then invest accordingly.

Courses that help you pursue getting into capital markets

If you are looking to break into the world of finance and make money a part of your life, it is essential to take one of the following courses –

  • PGCP in Management 

A PGCP in management that includes capital markets as a specialization is a great choice to pursue a career in the field. Subjects like corporate finance, investment management and financial technology will help you gain sufficient knowledge in the field. TAPMI’s PGCP in management offers a specialization in capital markets, where you will learn all the in-demand skills required to excel in this career. 

  • BBA in Financial and Investment Analysis

Bachelor of Business Administration (BBA) in Financial and Investment Analysis is a course that helps you gain knowledge about financial markets and how to use them for your benefit. This course is designed for students interested in learning about finance, stock market, and other related topics.

  • Certificate in FMAT

The Certificate in Finance Management and Accounting Technology (FMAT) program provides students with a comprehensive understanding of finance and accounting concepts, principles, practices, theories, systems, and procedures as business organizations apply. It also provides students with extensive knowledge on how to use these concepts to solve finance management and accounting technology problems.

  • NSE Certified Capital Market Professional (NCCMP)

The NSE Certified Capital Market Professional (NCCMP) course is an entry-level program that helps you develop a deep understanding of capital markets, including equities and derivatives. The course consists of two modules: Stock Markets and Financial Derivatives.

  • Masters in Financial Management

A master’s degree in Financial Management (MFM) helps you gain a comprehensive knowledge of financial markets, including equities and derivatives. It also provides a solid foundation in economic theory and practice, which is essential to working as a professional in the field of finance. The course also helps students develop leadership skills necessary to succeed in the corporate world.

Final Word 

The modern capital markets job market requires professionals to be as well-rounded as possible. TAPMI’s management course available on the Online Manipal helps students gain more skills and experience in their field. Whether you want to become a management professional or work in finance, the exclusively designed TAPMI program will prepare you for the challenging field of capital markets.

The courses will help you grow professionally, whether learning to handle complex business problems or becoming a finance expert. 

How does work experience help in a PGCP Management program?

Key takeaways: 

  • In a PGCP management program, you will gain exposure to a broad spectrum of concepts, and enrolling with a work experience will help you to learn those things faster.
  • It will give you a competitive edge over your fellow aspirants.
  • Learning while possessing a practical experience of how things work at an operational level will further strengthen your concepts and help you effectively bridge the gap between theory and execution.

If you are a working professional and have been thinking about taking up a PGCP in Management, there are several reasons why you should. When you have a degree in Management, you can use it to guide your career in various ways.

Firstly, this kind of business management certificate will give you an edge over the competition when it comes to getting the job you want. Employers are increasingly looking for people with degrees in management because they know that these individuals are more likely to be able to make decisions effectively, which is precisely what many companies want from their managers.

Secondly, if you are already working as a manager but don’t have any business management certificate or degree related to your field, this course could help boost your resume and give it more weight when applying for new jobs or promotions within your current company. This would mean that employers would be more likely to hire or promote someone who has undergone such an intensive program than someone who hasn’t.

Finally, having this type of business management certificate means that you will be able to learn how to manage teams of people better than before—and this will make for happier employees who enjoy working together toward common goals.

What is PGCP in management?

The PGCP certification program in management is an intensive course of 40 weeks that will prepare you to be a professional manager. The program is designed to give you the tools and techniques needed to lead a team, manage projects, and understand how to best use your resources.

The course will cover topics like managing people and teams, communicating effectively with others, problem-solving, leading change and innovation, budgeting, and making decisions under pressure. You will also gain experience working with real-world problems through group activities, case studies, and simulations.

Is experience required for a management certification course?

Most, if not all, management certification courses have work experience requirements for PGCP in Management. Experience is an essential component of a PGCP program, and it is something that you will be expected to have before beginning your studies. This is because the student needs to know what to do when they graduate from the course. 

For example, a management student without experience working as a manager can be disadvantaged when understanding how to manage people and make decisions.

Why a PGCP program requires experience

There are several reasons how having prior work experience helps in pursuing a PGCP in management.

High-paying jobs 

Students with prior work experience before pursuing a management certification get an edge during placements. They are more likely to get high-paying jobs than learners who have no prior experience. 

Practical approach in academics

Work experience helps you have a clear direction since you have already seen the work culture. The course will help you learn from your mistakes and help you in better decision making later. 

Learn while you earn

You can pursue an online certification program in management while you are working. You don’t have to quit your job, and you will be able to implement skills on the job. 

What work experience do you need for PGCP in Management?

Is work experience required for a management course? Yes. Most universities or institutes require students to have a work experience of at least a year before pursuing the certification program. This can be either an internship or a full-time job, depending on the requirement of the university you choose.

If you are considering applying for this course, you will need to consider what kind of job would give you the best opportunity to build up a year’s worth of practical experience. Furthermore, experience in the following job roles might help you while you are pursuing the management certification programme.

  • Business manager

If you are already working as a business manager, the course will add further value to your knowledge and provide you with high-level expertise. It will allow you to get the training and education needed to be an effective teacher, while still giving you all the hands-on experience of running a business.

You will learn how to precisely interpret data, identify patterns of behaviour, and improve upon existing practices. It will also give you an intensive understanding of how diverse teams operate and communicate.

  • Business analyst

As a business analyst, you have the technical skills to develop business and IT solutions. You may also have the analytical prowess needed to understand the business requirements, identify gaps in the existing systems, and develop solutions that can help your company grow. However, TAPMI’s PGCP in Management will help gain a stronghold over your managerial skills as well.

As a PGCP student, you will learn how to manage teams of analysts and developers in a way that will increase their productivity. You will also be trained on how to manage projects from start to finish—from defining requirements through implementing solutions. This gives you an opportunity to use your previous experience as a business analyst and expand on it by learning new skills required for project management.

Additionally, it will help improve your soft skills such as communication and leadership, which are essential for any manager or leader in today’s workplace. These skills will come in handy when managing teams or managing projects where communication between stakeholders is critical for success.

  • Health services manager

As a health services manager, you are responsible for ensuring that the entire healthcare system is operating smoothly. You manage staff, budget, and other resources to ensure that patients receive high-quality care and are able to access it easily. 

Enrolling for PGCP in management will further boost your skills by teaching you how to develop and implement policies that improve patient care delivery in your facility. It also teaches you how to manage non-clinical staff, such as nurses and technicians, so they can support clinical staff in delivering high quality care.

  • Human resources manager

If you have experience as a human resources manager, and are looking to take your skills to the next level, PGCP in Management will be the perfect program for you.

In this program, you will learn the principles of management, how to understand and manage people, and how to work with teams. You’ll also develop skills like leadership, communication, and decision-making.

You will also get experience in groups and one-on-one interviews, and learn how to use these skills in real-world situations. The program also includes an internship where you can put your new skills into practice.

Pay scale after pursuing PGCP in Management

PGCP in Management is ideal for working professionals looking to advance their careers. After completing the program, you will have the skills and knowledge necessary to work in various industries and sectors, including human resources, finance, marketing, procurement and supply chain management.

Students who complete this program will be able to-

  • Gain a broad understanding of management concepts and principles through rigorous coursework taught by experienced faculty members with a highly relevant background in business.
  • Learn how to apply these concepts and principles to real-world situations through hands-on internships. 
  • Develop the skills necessary to be successful in the workplace, including critical thinking, problem-solving and communication.
  • Get a jump start on your career by earning your bachelor’s degree from a top-ranked university at an accelerated pace.

The pay scale for different job roles after pursuing different PGCP in management include –

Salary (INR – LPA)Salary (INR – LPA)
Health Service Manager5
Human Resource Manager9.2
Information Systems Manager20
Marketing Manager10
Sales Manager9
Financial Manager10
General Manager29.5

Closing

If you are interested in pursuing a career in management, you must consider choosing TAPMI’s PGCP management program at Online Manipal. We have the experience and expertise to give you the best possible education, and our online platform allows you to access this training from anywhere in the world.

We believe that our students should be able to learn on their terms and at their own pace, which is why we offer flexible learning options that allow you to enrol in as much or as little coursework as needed.

Our experienced professors will guide you through each step of your journey toward becoming a successful manager. With their support, we know you will be well prepared for what lies ahead!

Top hiring trends to watch out for in 2022-23

The pandemic has changed the way we look at things. It has disrupted our lifestyle and impacted every aspect of it. It has also changed the hiring methodologies and has given rise to tech-savvy HR professionals that incorporate technology and artificial intelligence in hunting for the right candidate. The change has also impacted the market requirement. 

For someone looking for an excellent career prospect and a high-paying job, these are some in-demand courses to consider:

  • Cyber Security
  • Cloud Architect
  • Artificial Intelligence 
  • Web Developer
  • Digital Marketing
  • Data Science 
  • Financial Management
  • Architecture
  • Investment Banking.

The following are the top 10 highest paying jobs in India that you can get after a well-guided course:

  • Data Scientist: Companies largely depend on data for their planning and strategy. A data scientist is responsible for analyzing and drawing conclusions from the enormous amount of available data. 
  • Blockchain developer: These developers design new applications for the blockchain platform and are responsible for its interface, backend development, and maintenance.  
  • Machine learning experts: They are engineers who design and build machine learning models to help businesses solve business problems and challenges. 
  • Product managers: They overlook the process of product development and are responsible for studying the prospective market and developing strategies for product success.   
  • Investment bankers: They are key players in the financial development of their company. They provide their expert advice for raising capital, merger and acquisitions.  
  • Management consultants: They provide services to their clients or organizations in managing their projects. They aim to troubleshoot management problems, improve performance and create long-term growth.   
  • Software developers: They design, develop, implement and maintain new software and upgrade them from time to time. 
  • Doctor: The pandemic made us realize the importance and need for a robust healthcare system. Consequently, the medical profession is highly in demand at present.
  • Investment analyst: They study and analyze the investment market and provide information that will help investors, fund managers, clients and stock brokers. 
  • Marketing managers: They are heads of the marketing department of the organization

You may also like: Top job roles in India and how to get them

Update yourself with the changing times

Constantly upskilling is the need of the hour. The current hiring trends have made it necessary to keep up to date with the required skill set. Upskilling is the key to staying in the competition and rising in your career. If you don’t constantly upgrade yourself, you will be left behind. The following are some benefits you can reap with upskilling. 

  • Career advancement: If you are looking for a job change or promotion, getting advanced skills that are in demand in the market will open new job opportunities.
  • New career: If you’ve wanted to make a career shift, this is the perfect time to follow your passion and take that leap. But for that, you will first need proper training and certification for the skills required in your dream job.  
  • Job security: Staying in a job or company for years does not guarantee job security. Staying updated with the changing trends and demonstrating expertise in your field is much more important.

Ways to upskill:

  • Go outside your comfort zone: Ask for projects that are challenging and different from your usual skills that will help in learning new things.
  • Follow leaders: A mentor is a guide and provides directions. There are industry leaders that provide insight into recent trends and changes. 
  • Employer support: Many employers provide training to their employees to keep them updated with technical skills. 
  • Join courses: There are various online courses available that you can join and develop new, in-demand skills. World-class teachers and experts design the lessons so that you can reap their benefits. 

  • Digitization and automation – The technology boom has also impacted the recruiting process. Companies are aiming to digitize and automate lengthy and repetitive processes. Automation will save around 17 percent of hiring costs and 26 per cent of HR professionals’ time. A hiring process involves the following steps.
    • Posting about vacancies and openings in the company.
    • Creating job descriptions and advertisements.
    • Scrutinizing different resumes and shortlisting candidates.
    • Updating applications status.
    • Scheduling interviews.
    • Conducting interviews and other rounds.
    • Contacting candidates with results.
    • Mailing final results.

In the traditional hiring process, all the steps require human intervention, which makes the hiring process slow and lengthy for the candidate and the recruiting staff. Steps like the interview, group discussion and final meeting with prospective employees are vital steps and require human interaction. On the other hand, manual work and repetitive tasks like posting job vacancies, collecting documents, shortlisting candidates and sending application status updates can easily be automated. The current hiring trends in India save hiring costs and allow HR professionals to focus on the more critical tasks.   

  • Social recruiting – It uses social media to hire the next candidate for the available role. Here candidates are recruited from the platforms like Linkedin, Facebook, Twitter and other similar platforms. Under this method, an HR person reaches out to the desired candidates, displays the job openings, and encourages them to apply. One of the main advantages of social recruiting is that the company can showcase its work culture and create a good employer brand. A few critical aspects of social recruiting are:
    • The process includes identifying candidates.
    • Sending direct messages on the respective platform.
    • Tweeting about the job openings and attaching links for submitting resumes.
    • Showcasing the company work environment by posting photos of existing employees and their experiences and encouraging potential candidates to become part of the team. 
    • The social recruiting process is company-specific and depends on the hiring department’s approach and philosophy. But continuously interacting with your audience is very important. A personal reply to an applicant’s comment or message will help develop connections. 
    • It is important to choose the right platform. Different platforms provide different functionalities, and companies must select the one that offers better reach. 
  • Remote hiring – Research shows that around 50% of positions can be filled virtually. Under remote hiring, all steps of the recruiting process take place online. The candidate is shortlisted and interviewed via videoconferencing, and the right candidate is onboarded. Here the process is completed without any physical meeting. One of the most significant advantages of remote hiring is that it removes geographical limitations. Now, companies can hire potential employees from any part of the world. Let’s look into some other advantages of remote hiring:
    • Cost saving: it is a cost-effective method. For a physical interview, companies must prepare the venue, provide refreshments and incur other expenses. But in the case of an online interview, all such costs are saved.
    • Schedule flexibility: Remote hiring gives an advantage of conducting interviews at the convenience of the potential candidate and the company. In the case of working professionals with busy schedules, a flexible schedule will be important. It is easy to reschedule any interview as per the need in case of an emergency. 
    • More expansive talent: Now, companies are not limited to a particular city and can explore a vast pool of talented professionals from around the globe. 
    • Convenient option: Remote hiring is win-win for both the candidate and the hiring team. No one has to leave their home or city or book any venue. It is a hassle-free and cost-effective option for companies and candidates.      
  • Recruitment marketing – According to a Human Capital Institute report, around 75 per cent of companies will increase their investment in recruitment marketing. The combination of different strategies effectively markets the job opening and company. This helps in attracting the most suitable candidates. The strategically designed job description, role requirement and description of the company and its core values increase awareness among the candidates. This will build interest in prospective candidates to join your team. Following are the different ways for recruiting marketing:
    • Advertising on social media platforms: There are two ways of advertising on social media. One is organically posting content about your company and reaching out to the applicants, and another is using paid advertisements. Companies must choose the social media platform that serves their purpose best. They can plan a strategy that is a combination of both organic and paid advertising. 
    • The company’s dedicated career page: Companies blog or career page is where it constantly posts about their available job and articles related to work culture. It is a perfect way to create interest in the applicants, as many potential applicants visit the career page or blog of the company. It also contributes to the brand development of the employer.  
    • Newsletters: Sending newsletters is one of the ways of recruiting marketing. Emails give a personal touch and effectively build relationships with prospective candidates. 
  • Diversity in hiring – It aims at providing equal opportunity to all and removing any kind of biases from the recruiting process. The reasons for diversity in hiring are:
    • Larger talent pool: Companies which promote diversity in the workforce attract more attention from candidates. People from different backgrounds and cultures want to work with them, which provides a large pool of talented applicants for the company. 
    • Reduce employee turnover: When employees feel accepted and develop a sense of belonging to the company, they will be more likely to be satisfied and happy. And chances of such employees leaving the organizations are very low. 
    • A positive image of the company: A company that embraces and promotes diversity sets high standards for the industry. It adds to the positive employer branding. 
    • Innovations and new ideas: When people from different cultures and backgrounds work together, they propose new and different ideas and solutions. 
  • Employer branding – A company has two brands, one is the impression or market value between consumers, and another is how a company is viewed as an employer. Employer branding is a process of managing reputation as an employer and influencing prospective candidates. The benefits of employer branding are:
    • Attracts more talents: A company which is considered a good employer and provides a good working environment are preferred by candidates. The applicants first research the company and its ethics before applying to any job opening. 
    • Work Culture: Prospective employees first search about the work culture in a company and view existing employees and their satisfaction level. Good employer branding will promote a healthy work culture. 
    • Cost-effective: A company with poor brand value will have to pay a higher salary than a company with an established good employer image.  
  • Workforce analytics – It is an advanced set of metrics that gives insight into workforce performance. Using these advanced tools and techniques of analysis, the recruiting department can improve its hiring process and make the right decisions.   
  • Data-driven strategy – Under this, the employer uses data, statistics and facts in hiring forces. It involves the use of different hiring metrics. These metrics give insight into the strengths and weaknesses of the recruiting strategy. It helps in improving and introducing new strategies that will have desired results.  
  • Passive hiring – A person in employment elsewhere and not actively looking for a job is a passive candidate. But these candidates have desired skills and experience. Passive hiring engages these candidates and attracts them to the new job opening and roles.  
  • AI-powered recruiting – The limitation that humans can be influenced and biased may lead to the wrong candidate selection. Incorporating AI in the hiring process helps in fair scrutiny and screening of candidates. The advantage of using AI is that it automates the manual and mundane processes that consume the HR staff’s important time. AI can never replace HR professionals’ expertise but can make their work less stressful.   

How do online courses/degrees help you stay in the game?

Online courses and degrees have opened new doors of opportunity for everyone, from students to working professionals. Online education provides an affordable, flexible, and convenient variety of options. Hybrid options are available for those who want both online and offline campus experiences. This non-traditional education has revolutionized how we have perceived degrees and courses. Following are a few advantages of pursuing online courses and degrees:

  • Flexibility: Most online courses are self-paced or provide recorded lectures in the form of videos and podcasts. This helps students in taking classes at their convenience. They can refer to recorded lectures for better understanding and easily repeat what they have learned in class. You can easily manage your education along with other activities. 
  • Low-cost education: Online degrees and certificates are much less expensive than classroom programmes. Students can also save on transportation and residence costs. Online study materials also cut down costs significantly.  
  • Comfortable learning experience: Online education has changed the dynamics of the education world by promoting learning whatever you want and wherever you want. They have made popular degrees and certification courses easily accessible to every person. One can study at a library, cafe, or home per their preference and comfort.   
  • International courses: Students are required to relocate to study at top universities and international universities. Online education has opened the gates to global universities. You can now complete courses from renowned universities from the comfort of your home. This digital way of education has helped education to transcend borders.   
  • Improve technical skills: A wide variety of technical courses available will help you gain in-depth knowledge and practice new skills. You can acquire skills that are in high demand and showcase your learning during the hiring process. 
  • Career growth: Sometimes, companies want specific qualifications along with work experience for granting promotion. A candidate can easily complete their master’s degree and apply for these positions or promotions. Working professionals need not leave jobs to get higher education. Generally, managerial positions are reserved for MBA holders.  
  • Easy career change: Professionals planning for a career shift can easily browse various courses available and get specialization and technical skills that will facilitate a smooth career switch as per their interest and market demand. 

Many universities provide quality online education. An excellent option would be the esteemed Manipal University Jaipur (MUJ), which offers various specialized online courses and degrees.

Helpful article: List of accredited online degree programs

Why are the online degrees from Manipal University Jaipur rated high by employers?

Get the career growth you desire by enrolling in UGC-entitled courses from MUJ’s online platform, Online Manipal. MUJ offers undergraduate, postgraduate, and certification courses from industry leaders. You get free access to paid courses from “Coursera” students can explore around 4500 courses from world-class universities. The programmes are comprehensive and well designed, preparing you for the current job market. The case studies and real-life-based examples help better understand the topic and will assist in applying the knowledge acquired in the programme. 

Here are some advantages of an online degree from Manipal University Jaipur-

  • MUJ provides recorded lectures that students can refer to whenever they want. 
  • It is best suitable for working professionals. They can enroll in Master’s and Management courses to help them climb the corporate ladder.
  • Many excellent options are available for students. MUJ provides various degrees and courses like MBA, BBA, Bcom, BA, etc., that you can choose from. 
  • Courses are affordable, and the university provides different payment options and scholarships.  

An online degree is considered equivalent to a classroom programme. These courses are the best way to learn new skills that will provide the edge to your resume and help in career advancement.

Conclusion

The corporate world is dynamic and will keep changing and evolving, and so will the recruitment process. The pandemic has changed the way companies work and hire candidates. With the right skills and certification, you, too, can achieve the career of your dreams. The hiring process will continue to advance in the upcoming years, and certified training from the right university will only prepare you for the best opportunities that will come up along the way.

Roles to explore after PGCP in Management

Key takeaways: 

  • The postgraduate certificate in business and Management is a great way to start your career in management. 
  • The course teaches you about the different roles in business and management, including leadership, strategic planning, human resources and IT, and many more. 
  • After completing this course, you can explore a wide range of roles after PGCP in Management.

Management is a field that requires advanced study and training. There are various postgraduate management courses available in India aimed at developing managers’ skills and providing them with an opportunity to enhance their careers.

The demand for postgraduate certification in management is increasing rapidly throughout India because of its high employment potential. It helps students take up managerial positions in IT, banking and finance, marketing, human resources, etc., which offer high salaries and perks.

The course curriculum comprises topics such as organizational behaviour, leadership, communication skills, etc., which help students understand the basic principles of management and how they can apply them in real-life scenarios.

What is PGCP in Management?

A post-graduation certification course in management, which is 40 weeks long, is designed to give students the skills and knowledge they need to work as a manager. Universities typically offer these courses, but sometimes you will see them offered by other institutions, such as community colleges or professional development programs.

A post-graduation certification course in management focuses on organizational behaviour, business ethics, leadership styles and strategies, strategic planning, and more. In some cases, you may also find courses that teach you how to deal with difficult employees or manage conflicts.

These courses can be helpful for people who want to advance their careers after graduation. It can also help prepare you for the challenges of managing people, projects, and budgets at work.

Advantages of pursuing a PGCP in Management

There are many reasons why pursuing a PGCP in Management may be advantageous for you.

  • Course duration

One of the advantages of pursuing a PGCP in Management is that it’s a 40-week program.

The PGCP in Management will give you the time to learn, reflect and practice what you have learned in just a period of one year. This means you can get your degree faster than many other programs, which can take up to two years.

  • A better understanding of the industry you are working in

Management certification programs can help you learn more about your industry and get to know more about its trends and best practices. For example, companies looking for a new manager want someone who understands how their business works, its goals, and how they can help achieve those goals. By gaining this knowledge through management certification courses, you will gain a better position as a candidate for managerial jobs after a business management certificate.

  • Better job prospects

Companies often look for candidates with management certifications because they believe these individuals are already familiar with managing a team of people effectively or even running a business. Because students have already invested in the program and passed their exams or tests, the scope of the business certificate program increases and gives companies more confidence in hiring them as managers.

Job sectors for PGCP in Management 

PGCP in Management provides you with the knowledge and skills you need to succeed in a variety of jobs roles after completing the business management certificate program.

  • IT companies

IT is a fast-growing sector, and there is a massive demand for people with a PGCP in management. This will open up a wide range of jobs after a business management certificate, like business analyst, project manager, software engineer, etc. You can also get a job in an IT company as technical support or in the HR department.

  • Retail sector (FMCG)

The retail sector is another booming industry. Many retail companies are now outsourcing their HR functions to third-party vendors, and they need professionals with a PGCP in Management. You can get a job after a business management certificate as a store manager or even a merchandiser if you have some experience working with fashion products or accessories.

  • Banking sector 

The banking sector is one of the most sought-after industries for PGCP in Management because it offers high salary packages and perks like free travel tickets, medical reimbursements, etc. Most banks also offer flexible work hours, which gives you more time to spend with your family and friends without compromising your career growth.

  • Educational sector

In the educational sector, those with a PGCP in Management can work as faculty members or education administrators at colleges and universities. They can also work in high and elementary schools as teachers or counsellors.

  • Non-profit organizations

Non-profit organizations include charitable organizations such as churches and non-governmental organizations (NGOs). The roles after PGCP in Management in these organizations include administration, fundraising, and more.

Roles to explore after PGCP in Management

The PGCP program is a great place to start your management career. Here are a few job roles you can explore after completing the certification program. 

  • Marketing manager

Marketing manager is the person in charge of an organization’s advertising and marketing initiatives. They develop ways to improve the brand’s reputation and prominence while working within a predetermined budget.

  • HR manager

They support the organization’s management of multiple divisions, increase production, and create programs that are intended to boost an organization’s or business’s effectiveness.

  • Finance manager

They are responsible for supervising the organization’s finances and ensuring the overall well-being of the organization.

  • Business consultant

Business consultants can assist in identifying problem areas in your budget and offering innovative solutions for those areas. They help you grow sales by conducting market research on your ideal customer and developing a tailored marketing strategy to attract them.

  • Brand manager

A brand manager is responsible for creating, maintaining, and protecting the brand image of a business or product. They work with the other marketing team members to develop campaigns and strategies that support the brand’s goals and objectives. 

  • Strategic manager

A strategic manager oversees a company’s long-term goals and short-term plans to achieve them. They ensure that all departments are working together on projects that support each other’s goals and the company’s overall mission.

  • Sales manager

A sales manager manages sales staff to meet revenue targets. They analyse sales trends over time to identify opportunities for growth within their area of responsibility (such as geographic region or industry sector). 

  • Financial analyst

A financial analyst analyzes financial data from a business or organization to present it in a simplified manner. They create financial models for investors to find profitable investments. 

  • IT manager

An IT manager is responsible for overseeing the operations of a company’s information technology department, which includes managing the network and security devices and maintaining the company’s computer systems. This job typically requires at least ten years of experience in information technology management.

  • Risk analyst

A risk analyst evaluates company data security threats and develops strategies to mitigate those risks. This job often involves conducting research and performing technical analysis. 

  • Senior data scientist

A senior data scientist has advanced knowledge of statistical methods, machine learning algorithms, and strong programming skills. These professionals use this expertise to solve complex problems related to data analysis, including fraud detection and time series forecasting.

After pursuing a PGCP in Management, you might be wondering how much you can expect to earn. Here’s the average salary that you will earn after a PGCP in management. 

Job PositionAverage Salary (LPA)Highest Salary (LPA)
Marketing Manager7.323
HR Manager718
Finance Manager1330
Business Consultant11.522
Brand Manager1232.1
Strategic Manager2044
Sales Manager5.310
Financial Analyst510.1
IT Manager9.325
Risk Analyst615.6
Senior Data Scientist2037

Source: Ambition Box

How does TAPMI’s PCGP in Management set you apart?

TAPMI PGCP management course is a program that helps you develop your managerial skills. It is targeted at individuals who are aspiring managers or looking to be promoted to executive positions. This program will help you create the soft skills to manage human resources, deal with different stakeholders, and lead an organization. 

The course also focuses on developing your analytical skills to make informed decisions and achieve strategic goals for your organization.

The benefits of pursuing this course are many. 

  • You will be able to understand how to utilise the power of technology in managing people, processes, and projects throughout an organization. 
  • You will learn how to identify opportunities for improvement within your company and implement change to achieve better results through project management techniques such as strategic planning, change management, and organizational development methods such as Lean Six Sigma principles, etc.
  • This program will equip you with leadership and innovation skills, enabling you to lead others by example while maintaining quality standards within your business environment.
  • TAPMI is ranked among the top 20 B-schools in the country.
  • TAPMI believes in “learning by doing” and equips its students with the skills to apply what they learn in real-life settings.
  • TAPMI is accredited by AICTE (All India Council for Technical Education) as well as PCI (Professional Council of ICFAI) and CCEA (Council for Corporate Education & Assessment). These accreditations ensure that TAPMI meets high standards for quality assurance across all its programs.

Nutshell 

TAPMI PGCP management course through Online Manipal is a unique online program that allows students to learn about management fundamentals. The course will help you develop a comprehensive understanding of how to coordinate and control an organization’s resources. 

You will learn about human resource management, marketing, financial, and operations management. This will prepare you for a career in business administration or other fields that require an understanding of business operations.

Top 5 reasons to choose the MAHE MBA programme

Key takeaways:

  • The online MBA programme for working professionals offered by Manipal Academy of Higher Education (MAHE) is a coursework with a duration of two years.
  • To be eligible for MAHE’s MBA program, you must have a bachelor’s degree with a minimum of 50% marks from any recognized institution. 
  • The minimum work experience required for an online MBA at MAHE must be at least one year, as mentioned in the university prospectus.
  • However, the eligibility criteria may be different for international students.
  • The MAHE’s online MBA program for working professionals is conducted through online learning software. The enrolled students get access to all the video lectures, meetings, course modules, study materials, tests, etc.

An MBA degree not only teaches you effective management techniques but also provides you with professional advancement. However, in today’s highly competitive world, it becomes very difficult to acquire an MBA degree, especially for working professionals. Here is when an online MBA degree comes into the picture. With the innovative technologies and increasing educational needs, online learning, including an online MBA, has proven to be a boon for working professionals, entrepreneurs, and managers. 

An online MBA degree for working professionals is a perfect option if you are looking for self-paced learning at an affordable price. Hence, acquiring an online MBA degree from a well-reputed institution will provide you with all the required skills and competencies. One such highly reputed institution in India is Manipal Academy of Higher Education (MAHE). 

MAHE provides an MBA programme specially designed for working professionals. Is work experience necessary for an MBA program at MAHE? If yes, what kind of work experience is required for an MBA? Read more to know answers to all your questions.

However, let us first take a look at top reasons to choose MAHE for an online MBA programme.  

  • Easily accessible

With MAHE’s online MBA programme, students can access the course curriculum from the comfort of their homes. Hence, working professionals can choose to study by adjusting their job, travel, and any other life events.

  • Flexible, cost-saving, and technology-driven

MAHE’s MBA for working professionals makes it easy for the candidates to access video lectures anywhere, anytime. As it is an online program, it saves on-campus costs. Also, MAHE’s online MBA degree gives you access to many online study materials and modules.

  • Self-paced learning along with strong academic support

MAHE’s online MBA programme provides students a self-paced learning environment where they can explore a wide variety of e-books and video lectures which will help them improve themselves to the fullest. Not only that, MAHE also experienced mentors and instructors to track and support students’ progress.

  • Industry-oriented course curriculum

The online MBA programme is designed with a more industry-oriented approach. This will help students gain real-world insights with various industry-oriented learning, modules, and projects.

  • Interdisciplinary expertise

The course modules at MAHE’s MBA program focus more on enhancing strategic thinking and decision-making skills, which will help the students pace up in every kind of managerial role. Not only that, the course curriculum helps the students to become competent for working in various sectors, which helps them build a strong entrepreneurial mindset.

MAHE rankings that will build your profile

MAHE’s MBA programme for working professionals is being recognized by various global institutions, which will help you build your profile and gain more career opportunities. MAHE’s MBA rankings are as follows –

  • NAAC A++ Accredited Institution
  • Ranked 7th by the National Institutional Ranking Framework (NIRF) in 2021
  • Ranked 194th in Asia by the World University Rankings in 2022
  • Ranked 2nd by the Outlook ICARE top deemed university in 2021 and Education World in 2022.

MAHE MBA advantages for working professionals

Following are the advantages of pursuing an MBA MBA course for working professionals – 

  • Career enhancement

An MBA degree for working professionals is about career enhancement, salary increment, and job security. Just like a traditional MBA programme, MAHE’s online MBA programme allows you to build connections with alumni and various corporate leaders.

  • Get to know various planning and management techniques

With MAHE’s MBA programme, you can refine various managerial, interpersonal, and leadership skills that will help you in effective planning and management. Also, various management skills offered in the programme will boost your confidence and soft skills. MAHE also provide online MBA for hospital administration which is vital in today’s scenario.

  • Become an expert professional/ entrepreneur

This programme trains you to become an expert leader, manager, and entrepreneur with all the real-time industry-oriented cases, projects, and modules. The programme provides you with broader industry insights with the help of world-class faculty and effective online pedagogy.

In today’s digitalized world, an online MBA degree for working professionals is very valuable; hence, many professionals opt for the same to enhance their career prospects. An online MBA degree also provides the same number of career opportunities as an offline MBA programme. 

However, the number of opportunities and career options may vary depending on the electives chosen by the respective candidate. 

Various MBA electives to choose from

MAHE’s MBA programme offers almost every specialisation. Hence, if you consider getting an online MBA degree at MAHE, you have a lot of electives to choose from. All the MBA electives offered at the MAHE’S MBA program are listed below:

SpecialisationsSubjects
FinanceCorporate finance and banking
Private equity hedge fund management
Treasury
Risk management
Asset management
Marketing
Digital marketing
Advertising
Product and brand management
Analytical marketing
Retailing management
Customer relationship marketing
Human resources
Human resource management
HR operations management
Employee relationship
Staffing and recruiting
Employment management
HR training and development
Information systems
Product management
Business development
Marketing management
Project management
IT security management
Business analyticsE-Commerce
Data mining
Financial institutions
Data science
Data analysis
Data visualisation
Business intelligence management
Analytics management
AI and machine learning
Operations management
Retailing
Transportation and logistics
Hospitality
Manufacturing
Construction
Management consulting
Healthcare management
Healthcare operations management
Medical practice management
Hospital administration
Pharmaceutical managementDrug inspection
Pharmacy
Biochemist
Market research analysis
Fashion managementFashion product management
Marketing and brand management
Fashion designing

ALSO READ: Most in-demand MBA specialisations in 2022

MAHE MBA course details

To help aspiring working professionals take up various leadership and management roles throughout their career journey, MAHE has designed an MBA programme for working professionals. The program is outlined with an appropriate blend of all technical and soft skills. 

As this is an MBA degree for working professionals, it is designed with an experience-based learning aspect that will help candidates gain various problem-solving skills, decision-making skills, team management skills, and other management skills.

Eligibility for the MAHE MBA programme

The eligibility criteria for the MAHE’s MBA course are divided into two parts based on Indian students and International students.

Eligibility criteriaEducation requirementWork experienceExtra eligibility terms
Indian StudentsGraduate (10+2+3) in any discipline from a recognized university or institution or any other equivalent qualification as recognized by the Association of Indian Universities (AIU) with a minimum of 50% of marks or equivalent grade.A minimum of one year of work experience in a recognized organisation.NA
International StudentsGraduate (10+2+3) in any discipline from a recognized university or institution or any other equivalent qualification as recognized by the Association of Indian Universities (AIU) with a minimum of 50% of marks or equivalent grade.A minimum of one year of work experience in a recognized organisation.The appearing candidates should necessarily have a certificate of graduation that is equivalent to that of the Association of Indian Universities or the other requirements that need to be fulfilled by students with foreign education to apply to any university in India
For the students as well as working professionals who have an NRE, PIO status, residing outside India and/ or students and working professionals who are not Indian citizens are considered to be international students. Hence, such students are eligible to pursue MAHE’s online MBA program and will be charged an international fee depending on the nature and areas of specialisation of the program. 
All the international candidates applying for the MAHE’s MBA program will need to submit all the documents including their CV, address proof, valid visa, PR card & passport copy during their entire application process.

How is the MAHE online MBA programme delivered?

MAHE’s MBA programmes are conducted through an integrated Learning Management System (LMS), where instructors administer the sites and post all the course modules. Students can access and integrate various tools and cloud-based services such as recordings, chat windows, streaming videos, discussion forums, video conferences, etc. The enrolled candidates can submit their assignments and presentations on the platform.

Through MAHE’s MBA programme, you will get a real-time experience of live interactive classroom sessions and meeting conferences. During the lectures, students may add comments to the chat box or raise virtual hands to interact with professors. The platform also consists of a virtual testing centre where students can take tests easily.

The course curriculum of the MAHE’S MBA programme is 24 months, that is, four semesters. In each semester, candidates will be taught various management techniques along with other technical and soft skills. The difficulty level will go on increasing with each semester.

 A detailed description of what you will learn during each semester is given below-

Course content (What you will learn)
Semester IManaging people and organisations
Financial reporting and statement analysis
Managerial economics and statistics
Business Communication
Semester IIFinancial management
Marketing management
Strategic management
Information technology for businesses
Business leadership
Research methodologies
Semester IIIManagement accounting
Business laws
Specialised subjects (may differ depending on the chosen electives) 
Projects
Semester IVEntrepreneurship and innovation
Specialised subjects (may differ depending on the chosen electives)
Projects

Wrapping up

Over the past few years, digitalisation has been growing tremendously, and so is the scope for an online MBA programme. Hence, doing an online MBA program from a reputed institute will be worth doing.
Manipal Academy of Higher Education (MAHE) provides an online MBA program for experienced working professionals with almost every specialisation through Online Manipal. It lets you benefit from the flexible study hours, self-paced learning, affordability, a futuristic approach, global recognition, etc. Visit our official website here to get more details about various online MBA programmes.

Top online MBA programmes for working professionals

Key takeaways:

  • A master of business administration (MBA) programme offers both theoretical and practical training in company or investment management. 
  • Graduates can better understand general company management functions with an MBA.
  • There are many kinds of MBAs, including full-time, two-year, one-year, part-time, online, executive, and specialised programmes.

Candidates wanting to pursue an MBA are often already employed and want to improve their management capabilities to change careers or start their own firm. However, some students might believe that after completing their diploma, they must find employment. But a master’s degree is also necessary to succeed in this cutthroat environment.

Online and distance MBA for working professionals have become more popular as a solution to this issue. You can now earn a master’s degree while you are working, thanks to online learning with reliable online courses offered by reputed institutes like Manipal Academy of Higher Education (MAHE). 

Start your career with an online MBA programme

The MBA programme is a master’s level programme that lasts two years and is available in various specialisations, whether you choose online or remote learning. As the University Grants Commission (UGC) has recognised online at par with on-campus learning, it holds great value. 

It is crucial to highlight that while all of these programmes are equally respectable, some believe that a traditional MBA holds more value than an online MBA or a distance MBA course. They are distinct and produce entirely different experiences depending on their goals and method of delivery.

How is an online MBA different from a distance MBA?

Multiple colleges are offering various MBA programmes all over the world, but before choosing one, applicants must understand how these programmes differ from one another and find the best MBA for working professionals.

CharacteristicOnline MBADistance MBA
Programme deliveryEverything from classes to homework to projects to tests are done online.Students receive their study materials by post, but the exams are conducted offline.
NetworkingThrough discussion boards on their LMS, students have the chance to interact with their fellow students and instructors. Live classes, Virtual webinars, interactive workshops, and alumni gatherings are also available.There is no proper interaction between the MBA students and instructors or even among the students because there are no mandatory classes.
ExposureOnline MBA offers exposure through frequent webinars and live classes, and interactive meetings with experienced professionals from the sector, veterans, and alumni.The learning is limited in terms of exposure because there are no formal industrial or field trips included in distance learning for MBAs.
PlacementUniversities offer a range of services for job placement and career guidance. Placement drives are organised by reputed colleges.With a distance MBA, there is no set placement procedure, so you must conduct your job search.
Application procedureThe admissions procedure is straightforward and entirely online. Simply fill out the application form, provide documents for verification, pay the fees, and you may begin your study.For a distance MBA, the application process is substantially easier. You only need to complete the application, pay the course cost, and you’ll be admitted directly to the distance MBA programme.
FeeThe range is INR 2 lakhs-6 lakhs.Less than INR 1 lakh.
DurationSome MBA degrees are 1 year long, while some are for 2 years. You may, however, study at your own pace.  The minimum course length is two years. However, you have the choice of finishing the degree in 2–5 years.
CurriculumThe conventional MBA curriculum is followed, including both academic and practical instruction. The distance MBA curriculum is fairly condensed.
Guidelines for teachingIncredibly adaptable learning and teaching environment. Flexibility with regards to showing up to class, planning and administering tests, and turning in assignments. Additionally, everything takes place online via a learning management system (LMS).There is a set schedule for offline tests, however, the testing location and the assignment submission process are flexible.

Why should working professionals consider an online MBA?

The disadvantages of traditional and distant MBAs have made online MBA for working professionals highly popular in recent years. Here’s why working professionals prefer an online MBA degree.

  • You can study anywhere, anytime, and learn at your own pace. 
  • Additionally, if you cannot attend live classes, you have access to recorded lectures that you may watch whenever suits your schedule and as often as you like.
  • Through webinars and online live meetings, you get the chance to digitally communicate with top-tier industry professionals.
  • The advantage of taking your tests online is that you can plan your tests according to your schedule.
  • Online programmes are relatively affordable, and you can save on other costs like the price of moving to a new place, living expenditures, or the cost of daily college commutes.
  • Live projects are planned so that the students can gain real-world experience. Due to the availability of many career support services, the project is carried out virtually but effectively.

ALSO READ: How can an online MBA help working professionals?

What is the eligibility criteria for pursuing an Online MBA at MAHE?

Manipal Academy of Higher Education (MAHE) offers a two-year MBA programme for working professionals. Before applying, candidates must meet the MAHE MBA admissions requirements. The selection process for MAHE’s online MBA programme will be based on each applicant’s performance on several national-level entrance exams.

Indian students

  • The applicant must hold a bachelor’s degree in any field from an accredited college or university with a minimum cumulative GPA of 50%.
  • One year of work experience in reputed organisations

International students

  • Graduates must hold a bachelor’s degree recognised by Association of Indian Universities with a minimum of 50% marks or equivalent grade. 
  • Candidates must have completed a graduation degree certificate of equivalence from the Association of Indian Universities required for students from foreign education to apply in any university in India. 
  • Students & professionals holding NRE, PIO status, residing outside India and/ or students & professionals who are not Indian citizens are considered ‘international students’ and are eligible to pursue MAHE’s online degree programmes. All such students & professionals will be billed an international fee for respective degrees & may need to submit documents mentioned but not limited to CV, address proof, valid visa, PR card & passport copy as part of the application process.
  • One year of work experience in reputed organisations

Is it necessary to have prior work experience to pursue an online MBA?

Most programmes demand job experience, which is a foundation for the competencies and expertise you develop while earning your MBA.

Work experience is commonly defined as a job that you have held on a part- or full-time basis after receiving your undergraduate degree, but some schools may also count volunteer work, pre-graduation employment, and internships as work experience.

Here why working professionals must opt for an online MBA degree. 

  • Better job opportunities

While your counterparts with significant work experience can aspire for a better designation and a bigger signing bonus, if you have an MBA in hand, you will end up in high-level positions, since you have enhanced your knowledge and acquired skills during the programme.

  • Enhanced output at work

Learners who have work experience of a year or two have more direction while pursuing their MBAs. This gives them the space to build on the business programmes in the curriculum that they are learning and helps them implement them in a more immediate sense.

  • Saves money

One of the biggest advantages of an online MBA degree is that you can study while you earn. Moreover, online MBA degrees are more affordable that on-campus degrees, which makes them more desirable. 

  • Prepares you for the competition

In case you weren’t aware, your experience in a business school will be very different from your time in college. It is more competitive and advanced. You may improve your profile by having work experience, giving you an advantage over your classmates who haven’t had a job.

You thoroughly understand the employment market, how to survive in a competitive climate, and how to contribute to a business’s profit-making plans. After you’ve held a position, remember that earning a business degree also involves developing some crucial soft skills like networking, coordination, delegation, and management.

YOU MAY ALSO LIKE: Is an MBA worth it for working professionals?

Final thoughts

If you are working as a professional, then you have two choices. Either you quit your job to enrol in an MBA for working professionals in India, or you can continue working while enrolling in an online or distance MBA programme based on your preferences and interests. 
Online Manipal is an ideal platform for online learning, where you can pursue in-demand degrees from top universities. Online programmes designed by Manipal Academy Of Higher Education (MAHE) are cost-effective and will give you a hassle-free experience. The courses provide you with up-to-date learning and ensure that your skills are not only updated but also highly industry-relevant.

What are the advantages of pursuing an MBA in fashion management?

Key takeaways:

  • Pursuing an MBA in fashion management helps individuals steer their brands in the right way amid changing times, ensuring a long-term existence in the marketplace.
  • A fashion manager’s role is to design innovative and creative marketing techniques to boost the demand for products and services among potential audiences.
  • If one wants to set a strong foot in the industry and excel in leadership roles, he/she should enrol in the best fashion business management course. 

According to a recent survey, the fashion industry is waiting to be explored post-pandemic. The global clothing and accessories market is expected to reach a value of 1549.68 billion by 2025. This ever-expanding dynamic density is certainly in need of creative and talented professionals who can also run and drive the brand with strategic and tactical skills. Here’s how fashion management courses come into play.

Pursuing MBA in fashion management in India equips students with the critical skill set required to build high-end brands. Fashion management ensures that the product or service related to the fashion industry is available to the buyers at the right time in the right place to get the most out of business. In short, the course encompasses the perfect amalgamation of product development, merchandising, pre-post sales, service, buying, and planning.

Advantages to considering MBA in fashion management

Excel as a leaderExperiential learning for better exposure Equip with essential skills Agility and multitasking

Besides being an influential business sector, fashion business and management focus on innovative approaches to tackle global and local–level complex issues. If you are one of those young aspirants seeking to join the fast-growing industry, here we have listed the top 5 advantages of enrolling in an MBA in fashion and luxury brand management.

  • Excel in industry

Enrolling in a fashion business management course will help you hone your leadership and analytic skills, following the modern fashion industry. The comprehensive curriculum will be the perfect source to obtain hands-on managerial insights, enable management concepts, and acquire valuable market knowledge.

  • Experiential learning

Fashion management courses especially focus on experiential learning, helping the individual to gain knowledge with the perfect blend of projects, seminars, and case studies. It also allows students to have meaningful interactions with world-class experts and professionals. Overall, this kind of experiential learning will allow them to examine the fashion industry’s view beyond the traditional academic atmosphere.

  • Equip with essential skills

MBA in fashion and luxury brand management allows students to get well-versed in the latest tools and technologies used to solve challenging problems in the fashion industry. The programme aims at upskilling professionals with the latest in-demand skills and developments in the field of fashion management. 

  • Agility and multi-tasking

Due to the comprehensive curriculum, fashion business management offers students a broad set of soft and hard skills, enabling them to enter the design framework as potential brand managers. Moreover, it offers various career prospects relevant to fashion PR, events, promotions, and retail management, solving real-life challenges with an innovative and analytical approach.

Career scope after completing an MBA in fashion management

The fashion industry has existed for decades and is now evolving rapidly, giving rise to various responsible roles. While fashion designers and models are a crucial part of the predominant fashion industry, the other side is important for management people who perform various tasks to manage the business related to fashion brands. Simply put, they are responsible for the smooth running of a business. 

There are several career options to explore after completing an MBA in fashion management. Here are some options in the fashion and apparel industry.

  • Fashion and luxury PR specialist

Fashion and luxury PR specialists must build positive relations with clients, endorsers, and media. Their responsibilities include ensuring good press relations, arranging media interviews, managing celebrity relationships, event management, organisation gifts for leaders and VIP clients, and more. They will focus on keeping up the brand’s image, assuring the perfect alignment of brand messages. Persons in the field should have excellent written, communication, and interpersonal skills.

  • Merchandising manager  

Merchandising manager is a first-level manager role responsible for making pivot decisions on stock, prices, purchases, and marketing by analysing the behaviour of consumers and the latest trends in the market. Their profile includes maintaining the visual appearance of the store, coordinating sales promotions, examining inventory levels, and monitoring the retail price for competitors.

  • Fashion retail buyer

Fashion retail buying is another excellent career opportunity where professionals are responsible for deciding fashion goods present in the store. They have to analyse the latest trends, forecast sales in the future, manage stock levels, negotiate prices, and even schedule goods transportation. 

Overall, they should ensure the sales outlets are stocked with proper price tags. Hence, fashion retail buyers should be excellent negotiators, with a deep understanding of supply chain customer knowledge and fashion trends as a key to succeed in the industry.

  • E-Commerce entrepreneurs

Fashion entrepreneurs are the ones who build their fashion enterprise or venture with a perfect endeavour to drive the global fashion industry forward with innovative ideas. Be it building a brand from scratch or launching a tech business related to fashion, the area of fashion entrepreneurs is growing rapidly.

  • Chief merchandising officer

Effective fashion brand management depends on the strong role of the chief merchandising officer, who ensures that the needs and demands of the customer are met by employing tailormade measures. In the position, you will be responsible for allocating merchandise, creating product assortment plans, and implementing business analytics to enhance the sales level.

  • Fashion marketing consultant

A job as a fashion marketing consultant is for those who have great attention to detail and can employ aesthetic sensibilities for every decision, from balancing the frame of the picture to the overall creativity of the outlook. The responsibility of the fashion marketing consultant is to examine the current marketing efforts and make recommendations to improve, design, and implement social media marketing tactics and campaigns. 

  • Stylist operations manager

The role of stylist operations managers is to use their expertise to structure daily activities, optimise business operations, conduct periodic audits, improve output whilst reducing input, and comply with legal and corporate laws.

MAHE MBA in fashion management

Manipal Academy and Higher Education (MAHE) offers a brilliant MBA in fashion management programme for aspiring individuals who are seeking to take up managerial positions in the fashion and retail sector. 

The course is designed to offer students an advanced knowledge and practice in the management and economics in the fashion area. It shapes the students to analyse and solve the requirements of the customers even before they arise. 

Course structure

MBA in Fashion management course is structured to provide in-depth knowledge of the fashion industry. In response to the increasing demand for flexible and entrepreneurial business professionals, the course is designed to foster the skills needed to build a successful career in the international fashion business area. In short, it emphasises the following aspects-

  • Building a healthy brand image
  • Marketing and advertising management
  • Merchandising management
  • Management of fashion services and products
  • Development and promotion of fashion brand
  • Design development
  • Expertise in the dynamics of e-Commerce
  • Knowledge of global merchandising strategies

Eligibility criteria

The best part of pursuing an MBA in fashion management at MAHE is you don’t need to have an academic background specific to art, design, and passion. Below are the eligibility criteria to enrol in the MBA in fashion management.

Academic qualificationAny graduate (10+2+3) in any relevant discipline from recognized colleges, universities, or any equivalent qualification recognized by the Association of Indian Universities with a minimum of 50% of marks or equivalent grade.

Professional experience		At least one year of professional work experience in a relevant field or any reputed organisation.

After successful completion of the MAHE’s MBA in fashion management, students will have a wide array of career options and opportunities to explore. Possessed with an international mindset, multicultural awareness, and innovative thinking, the graduates will be considered ideal candidates for reputable positions at well-established multinational companies or will be ready to start their businesses.

Bottom line 

The fashion industry is not only about fashion shows, designers, and their distinct designs. There is a lot that goes on behind the screen since fashion is also a business, and it will be incomplete without management. An expert professional is required to manage various aspects of the fashion business, from building to marketing a brand and beyond. An MBA in fashion management will help you have a better understanding of business and operation management in the field of fashion.

Ever dreamt of being a part of the fashion industry at least once in your life? Enrol in the best MBA in fashion management programme in India to gain valuable hands-on experience in the heart of your fashion industry. 

Furthermore, the vibrant curriculum and facilities will enable you to exchange creative ideas, allowing you to work with different business models. At the end of the course, you will be prepared with knowledge and confidence to face the dynamic fashion industry.

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    Bachelor of Business Administration (BBA)
    Manipal University Jaipur

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