What are the career options in economics? Economics is a subject that can be applied to different fields. It helps you make decisions, understand the world around us, and understand the country’s economy. Economists work in government organizations, financial institutions, and multinational companies. Economics is a complex subject involving studying the behavior of individuals, firms, and governments in relation to each other. The study of Economics helps you understand how people make decisions that affect others around them. The study of Economics enables you to know how people make decisions that affect others around them. It can also help you in making decisions about your life and career. Learning about careers in Economics makes it easier to understand world events, financial markets, and social trends. You can also check out 10 best job options after M.Com. Skills required for a career in Economics To have a successful career in Economics in India, you need to develop the skills to make you marketable. These include Knowledge of economic concepts A sound understanding of these concepts will help you better navigate the job market and make informed career options in Economics. This is because Economics is a broad-based field, so you’ll need to understand what each job entails before accepting it. The first step towards building your knowledge base is by taking courses on economic theory at the undergraduate level. Depending on what type of career track you’d like to pursue, your university may offer more than one course in this area: microeconomic theory vs. macroeconomic theory or public finance vs. labor Economics. Conduct and interpret economic analysis Economic analysis is a field of work in which economic data and research information are collected, analyzed, and interpreted. This can be done by conducting surveys, experiments, or other studies to collect data. Once the data is collected, it is analyzed to conclude how the economy works. Economic analysis can also be used to make decisions about how the economy should be managed or improved. Some economists specialize in conducting economic analyses, while others specialize in interpreting those analyses and drawing conclusions from them. Data collection & analysis Data collection and analysis are the two main phases of a data mining process. Data collection is the first step in the process of data analysis and data mining. It involves gathering data from various sources and organizing it in such a way that it can be analyzed later on. The individual who performs this activity is known as a collector or collator. Data can be collected manually or automatically based on several factors: The type of environment where you work The size and complexity of your organization The manual collection involves gathering information by hand, while automatic means using software programs or other technology to do so automatically. Research skills Research skills are an essential part for someone seeking a a career in Economics. You will need to know how to use economic methods and models for analyzing data, as well as how to interpret the results of such analyses. You will also need to be familiar with the literature on your given topic so that you can cite relevant studies and articles in your work. Finally, you must have strong analytical skills so that you can apply statistical techniques effectively when analyzing your data set. Unfortunately, many students do not get enough practice with these types of skills during their undergraduate programs. If this describes your school experience, consider taking some time after graduation before entering the workforce. Strategic thinking Strategic thinking is thinking about the future. It’s not just about what is happening today or even tomorrow, but how you can get from where you are now to where you want to be in the future. Strategic thinking involves understanding long-term goals and how they relate to short-term goals, which then relate back to your company’s mission statement and values. Strategic thinkers see challenges as opportunities for growth and improvement instead of problems that need to be solved immediately. They pay attention not just to their own needs but also to their team members and coworkers, keeping an eye out for areas where other people might be able to help them succeed in their work—or vice versa. Demand for jobs in Economics Demand for jobs in Economics is high and is expected to increase. That’s because Economics is a broad subject that applies to almost every aspect of our lives. Anywhere there are people making decisions based on money, you’ll find an economist helping them make better choices. Economists work in many different settings, including government agencies, academic institutions, private business firms (such as commercial banks), state governments, and non-profit organizations such as think tanks or associations of industry professionals. You can also check out the M.Com course guide: All you need to know. Careers in Economics For a successful career in Economics, you must have the ability to apply the principles and theories of Economics, statistical skills, and computer literacy to real world problems and business requirements. Economists need to use mathematical models, and economic theory to interpret economic data, assess economic problems, and develop solutions. They also need excellent communication skills so they can communicate their findings clearly. Economist Economists are broadly concerned with the interplay between economic theory and real-world data. In this way, they study how people behave when confronted with information (both rational and irrational) in order to better understand how markets function. Economists may study specific industries or sectors, such as agriculture or finance; however, their aim is always to create a broader understanding of these topics for the economy at large. Financial risk analyst The financial risk analyst is a high-level position that requires advanced training and education. These professionals work in the finance field, analyzing financial data and making recommendations to their employers on how best to allocate their resources. They also often help create investment strategies for clients. For example, if you’re an investment manager at a bank, your job might be to analyze all of the investments that your company’s clients are currently making—and then use this information as part of your strategy when deciding how much money should be put into each one. Supply chain analyst Supply chain analysts are responsible for managing the supply chain of a company. The supply chain is the flow of goods and services from a company’s suppliers to its customers. A supply chain analyst analyzes data and makes recommendations to improve efficiency within a company’s supply chain while also ensuring that costs are controlled, and risks are mitigated. Market research analyst A market research analyst is a professional who gathers and analyzes data from the target market. The main objective of a market research analyst is to identify opportunities for product development and improvement. This can be done through surveys, questionnaires, focus groups, or other means of collecting information on various aspects of consumer demand for products. The work involves analyzing the collected data to make recommendations based on findings related to customer needs, preferences, opinions, and behavior patterns, among other things. Financial consultant Financial consultants are responsible for advising companies and individuals on financial issues. They help businesses understand their financial position and plan for the future. They also advise businesses on how to make the most of their resources, such as cash or property. Financial consultants can work in a range of industries, including banking and investment companies. Financial consultants are part of a wider group called accountants or auditors who focus on analyzing the financial information that is produced by businesses. Accountants use this information to provide advice about how best to run a business as well as help to identify any problems that may be occurring within it so that they can be fixed before they become too serious. Quantitative analyst Quantitative analysts study data, statistics, and computer models to make forecasts. These analysts study the behavior of a company’s customers, as well as its competitors’ actions, to help companies understand their customers and make better business decisions. They can also develop economic models that predict future outcomes using past events or other quantitative information. If you have an Economics background and want to work with data in your job search, consider becoming a quantitative analyst. Investment analyst Investment analysts work for banks, brokerage firms, and mutual funds. They analyze data and make recommendations about what course of action to take. Investment analysts may work in the financial sector of a company or bank; they also can find jobs outside of finance, such as working at an economic think tank or researching public policy issues. Data analyst A data analyst is a person who analyzes data by collecting and organizing information, analyzing it, and communicating their findings to others. Typically, data analysts work in organizations that gather large amounts of data as part of their business operations. The role of a data analyst is to use this information to understand what’s going on within and outside the organization. Data analysts can be found in many industries, including government, healthcare, and education. However, they are most likely to be employed by companies with large databases, such as banks or insurance providers. Actuary If you’re interested in a job involving risk and probability, then becoming an actuary could be your career. Actuaries are professionals who analyze and predict future outcomes, then use these predictions to devise ways to manage risk. They have a wide range of applications in the financial world, but they often work for insurance companies, pension funds, and banks. Why Online Manipal? An online M.Com degree from a reputed institute like Manipal University Jaipur is valued highly by recruiters. It covers many concepts related to finance, economics, and accounting and is a suitable degree for students who want to pursue a career in any of these three fields . It allows them to learn about different aspects of Economics while gaining knowledge of corporate finance and accounting practices. You will be able to gain skills required for the various areas under the umbrella of Economics, such as financial management, industrial organization, international trade, and environmental policy. Completing this course with flying colors will help you get into your dream job. To know more, you can also check out the M.Com degree course benefits. Conclusion From these career options in Economics, one can see that it is a rewarding field in itself. The demand for economists is increasing every year. If you are interested in pursuing a career in Economics, you can enroll for an online M.Com degree course from MUJ and pave the way for success.
MA Journalism & Mass Communication course guide We all are interconnected in the twenty-first century thanks to numerous forms of communication. Technology and the media have made it possible for us to receive information on a variety of subjects, including weather predictions, crime reports, sports upgrades, and showbiz. We are subjected to a multitude of multimedia every day. The media industry is vast and includes everything from your television to social media to radios to new channels. Similar to how media is everywhere, its breadth is enormous and offers countless employment prospects. The finest approach to be successful in this industry is to study journalism and mass communication. Studying mass communication entails learning effective methods for disseminating information to a large audience. Journalism teaches students to do associated press investigation and convey it to the public via radio, television, or print media such as newspapers, journals, blogs, publications, etc. The information and abilities needed to succeed in these sectors and build a successful career are covered in a Master’s degree in journalism and mass communication. Let’s check the details about the journalism and mass communication course. An Overview of MA JMC MA JMC is a two-year postgraduate degree in journalism and mass communication. It is among the well-liked degrees amongst grads who want to acquire the academic expertise and operational skills necessary to pursue careers in journalism, public communication, and the media. Students participating in the program gain a variety of fundamental skills necessary to comprehend journalism’s intricacies and methodology and several related fields. Additionally, they receive training in ground-related tasks, including reporting and ad creation. After completing the MA JMC program, students can obtain employment in industries like PR firms, digital media, newspaper agencies, print media, and television. ParticularsDetailsCourse nameMA JMCFull formMaster of Arts in Journalism and Mass CommunicationEligibilityGraduation from any authorized institutionAverage course feeINR 35,000- 3 Lakh P.AEmployment fieldswriting and content creation, Journalism, TV and Film Industry, Fashion Photography, Digital Marketing, Print Media, Public Relations, Event Management, Advertising, and many more.Average SalaryINR 3- 7 Lakh P.ASkills RequiredWriting, Editing, Investigating, Interviewing, Digital Literacy, Communication, Reporting, Research, Reasoning.Job ProfilesJournalist, Columnist, News Reporter, TV Director, Public Relation Manager, Content Writer, Event Manager, to name a few.Top Recruiting SectorsPrint Media, Advertising, Marketing Firms, TV Channels, Broadcasting Agencies, Digital Media. Eligibility for MA JMC course Candidates must meet the requirements for participation in the program to enroll in the MA Journalism and Mass Communication course. Candidates must have a bachelor’s degree from any recognized college/university Various institutions/universities may have different requirements for MA JMC eligibility. A certain minimum percentage may be required by some universities for admission to their MAJMC program. You can also read Affordable undergraduate degree programmes for working professionals. MA Journalism and Mass Communication syllabus The MA in journalism and mass communication is a two-year course, with four semesters covering topics about communication and the media. This course is designed precisely for those individuals who have a deep fondness for the media and journalistic fields. Following is the semester-wise breakdown of the journalism and mass communication syllabus: Semester 1 You will study the principles of photography, the fundamentals of news and reporting, including audio and video communications, and the growth of media, beginning with the linguistic foundations, social structure, and current events regarded as the cornerstone for journalism. Introduction to Communication Fundamentals of Journalism History of Mass Media Media, Laws and Ethics Computer Applications for Media Reporting and Editing Communication Media Print Journalism Practice Semester 2 In this semester, you will learn in-depth topics about how the mainstream media operates, including media jargon, digital publication, public relations, broadcasting journalism, and media laws and ethics. Additionally, you will learn about political structure and development communication. Advance Reporting Public Relations and Advertising Editing and Presentation Advertising Design & Principles Introduction to Printing Technologies Television Journalism Semester 3 Get ready to become an expert in media material, intercultural communication, and mobile editing apps. You can choose electives with various communication, digital marketing, advertising, and journalism beats. Following communication research, students will pursue a minor speciality in data journalism, corporate, strategic, health, and educational communication. The evaluation of the internship will come next. Media Management Radio Journalism News Writing Feature Writing Development Communication Rural and Environmental Journalism Semester 4 In your final semester, you will master screenwriting and scriptwriting, audiovisual editing, and film appreciation. You will also complete a three-layered major specialization focusing on the medium (print/audio/AV production and website management), the language, and the beat (social, political, cultural, business, sports, and science). You will complete your program by submitting your thesis. Society and Media Cyber Journalism Economic Journalism Art and Culture Journalism Printing and Publishing Research Methodology Scope of MA JMC in India Technology is the driving force that powers the digital world, profoundly affecting journalism and mass media. Since the pandemic has kept everyone inside their homes, there has never been a greater reliance on journalism. We count on newsgroups around the globe to keep us up to date on the most recent events and developments in the world. Our connection to the outer world would’ve been gone without these channels. The use of content on streaming platforms, including Netflix, Hotstar, Amazon Prime, etc., has significantly expanded due to most businesses operating from home and people having some free time. The opportunities for those interested in journalism and mass communication are constantly expanding, given the rising popularity of these mass communication channels. A huge increase in job opportunities has been seen in the journalism and mass communication sector as a result of technological advancements and growing consumer demand for informative and entertaining content. When determining the field’s potential, you must consider several factors, including technological advancements, modifications in people’s lifestyles, inclinations, etc. The MA journalism and mass communication program includes a wider range of industries than just the media and publishing. There are several job opportunities in the corporate sector, including those for proposal writers, public relations managers, copywriters, and business writers. Every company wants to project a positive impression on others; therefore, they hire public relations professionals to handle customer relations and business management. Another employment option with excellent development potential is freelancing. You can work in the following industries if you have an MA in journalism and mass communication: Writing and creating content Public relations Journalism Television reporting Fashion photography Advertising Film industry Event management Online media Digital Marketing To know more, you can also check out Journalism and Mass Communication as a career in India. Career prospects after MA JMC It is alluring to pursue a career in journalism and mass communication as it opens up a wide range of possibilities. A wide range of employment options is available to those with an MA in Journalism and Mass Communication. The media and advertising industries offer a variety of exciting job options after MAJMC. Students studying journalism find it a very appealing work sector with extremely attractive compensation packages. Let’s look at some of these areas or professions that offer a wealth of job options following a MAJMC degree. Journalist A journalist’s primary duty is gathering, compiling, and delivering notable information concerning past, present, and future events. They pursue leads, establish connections with potential sources, conduct first-hand research, and conduct secondary research. Journalists produce compelling feature articles, editorials, and blogs for print and online media. They must make sure that their content is factually accurate, honest, and objective because it informs and impacts the public. Additionally, they may present editors with story concepts, adhere to deadlines, and keep notes, interviews, and audio and visual recordings on file. Columnist Most of us must be familiar with some type of topic-focused section or feature in a magazine or newspaper. A professional columnist with training in journalism and mass communication may be in charge of the healthcare column, the recreation piece, the political segment, the educational section, etc. Therefore, this job profile may be ideal for you if you find creatively offering relevant content appealing. News reporter Reporters are the people who conduct research and gather data about significant events, occurrences, accidents, etc., from primary sources for magazines, newspapers, content websites, news channels, and radio shows. They go to press conferences, arrange interviews, write articles, go to hearings, etc., to gather information for the tales they publish or telecast. A career as a journalist and mass media reporter is incredibly interesting and offers plenty of exposure. Reporters need to have a variety of strong skill sets, including the ability to conduct interviews, as they are expected to contact various sources and extract information through interviews. TV director TV directors are in charge of helming short, feature-length, and documentaries in various genres. They edit cinema scripts, choose a narrative tone, and establish the budget for the film’s production. In addition to hiring art directors, music composers, and storyboard artists, they also organize casting sessions to select actors and actresses. They also put together a team of camera operators, costume designers, makeup artists, and set designers. They supervise acting practices, inspire actors and actresses to provide the right dramatic performances while being filmed, ensure that the shooting sticks to the planned schedule, and collaborate with editors to produce the final product. Also, they often engage with the public and the media to advertise and promote their films. Public relations manager Public relations offers one of the top income job role for journalism graduates looking for a career. One of the industry’s largest benefits is the opportunity to collaborate closely with the organization’s managers and top officers. A public relations manager is accountable for managing several client accounts in print, television, and online media. They carry out pertinent market, consumer, and industry research while adhering to client specifications and identifying the customer’s objectives and target market. Formal education in journalism and mass communication equips you with strong communication, discussion, interpersonal, and executive skills ideal for public relations positions. Content writer/editor Content writers provide informative, captivating, or commercial print and digital media content. They are responsible for writing social media postings, blogs, white papers, advertisements, product descriptions, manuals, and brochures. They typically adhere to editorial standards, do web research to create original content, and frequently have a target audience in mind when creating material and a clear goal. Additionally, they might optimize the material for search engines and analyze the analytics to determine reader interaction. Event manager Event managers are responsible for the organization, management, execution, and supervision of a variety of private and public events. Family events, professional events, sporting events, award ceremonies, celebratory events, conferences, seminars, and promotional events are a few examples. Event managers engage with clients to go over the goals, requirements, and budget of the event. Finding and booking venues, obtaining licenses, haggling with sponsors, and communicating with suppliers are all part of their duties. Additionally, they might take care of logistics, keep track of deadlines, manage risks, inform clients, deliver invoices, gather feedback, and write event reports. Top employers for MA JMC graduates The astonishing and unrivaled global growth of communication technology and media has increased the significance and prominence of journalism and mass communication. Due to the significant role that technology now plays in our lives, there is an urgent need for media professionals who are not just dedicated to their work but also skilled at communicating their thoughts. The MA JMC course will not only increase your knowledge of important breakthroughs in the media business, but it will also makeget you ready for the workforce. Given the expanding appeal of various mass communication platforms, there is a substantial possibility for those who desire to work in journalism and public communication. Studying mass communication entails learning effective methods for providing knowledge to a large audience. Overall, the fields of journalism and public communication are developing at an astounding rate. Print, TV, radio, film, and the web have all been expanding concurrently and continue to fill new ideas promptly. Therefore, pursuing a master’s degree in journalism and mass communication can open doors for future advancement and help you enter a very rewarding field. The following professions are open to those with Masters in journalism and mass communication. Print media (Newspapers and magazines) Advertising Marketing firms TV channels Broadcasting agencies Digital media Skills you need for a successful career in journalism Courses in journalism and public communication can teach you important concepts and provide you with a strong foundation. Here is a brief outline of the most important skill sets that outstanding journalists share and that any aspiring journalist must develop. Writing Writing is among the most crucial journalistic abilities. A journalist must cover and compose narratives that are either written or aired, whether they be for television, digital media, or both. So, in all circumstances, a journalist must possess the ability to write clearly and effectively and ensure that his writing is concise while still being detailed. Editing Editing is the most sought-after journalism talent. Journalists need to be capable of analyzing both their own and other people’s work critically. The process of copyediting is essential to producing top-notch journalism. It guarantees accuracy, fairness, clarity and grammatical accuracy. Reporting The core of reliable and thorough journalism is reporting. Journalists of today must possess the ability to recognize, observe, collect, evaluate, document, and distribute pertinent information, as well as the ability to report with empathy and compassion. They must carry out exhaustive journalistic research and assess the facts for their media. Interviewing The ability to conduct interviews remains one of the most important journalism talents. It aids in the development of reliable, precise, and powerful narratives for journalists. Interviews are a useful method for gathering reliable information, confirming information from other sources, and uncovering and examining alternative viewpoints. Interviewing techniques for journalists go beyond simple questioning. Journalists should plan by doing research and developing goals. They need the ability to keep the conversation flowing and focused throughout interviews, as well as active listening skills. Investigating Journalism experts must possess investigative reporting skills to look into any unethical behavior in society. In this approach, they can aid marginalized populations or even a community of people who endure silent suffering. To remain secure and safeguard your sources, they must be extremely discrete when doing this. Digital literacy Digital technology now dominates the world, and journalists of the modern period must be extremely proficient with tools like social media, websites, applications, cellphones, computers, tablets, and any other broadcast mediums. Given that a sizable portion of the audience is switching from print media to broadcast journalism, digital literacy is essential today and will only become more so shortly. The future lies in using multimedia to communicate stories, and shortly, visual content (such as slideshows, graphics, graphs, and movies) will rule the roost. Communication Effective communicators can connect with their audience and effectively convey their message. In journalism, oratorical skills are crucial for positions like an anchor, reporter, and voiceover artist. Since the profession requires a lot of writing, research, script development, content generating, and editing, written communication and the capacity to explain clearly on paper are essential abilities that broadcast journalists must possess or learn. Research Research and meticulousness are essential components of journalism. Journalists are supposed to have a particular level of credibility, which can only be attained through in-depth investigation. Their insights won’t have any substance, and neither will the public embrace or follow the plot without having sufficient knowledge of the subject. Broadcast journalists simply cannot manage to be one stride behind the curve since there is so much competition for current or trending news subjects. Reasoning One of the key qualities of a competent journalist is neutrality. Being impartial in how you portray news may make a huge difference, whether it’s about politics, sports, crime, or global events. Factors like data and statistical knowledge can further aid the flow of information in an understandable way. Launch your career in Journalism with an online MA JMC through Online Manipal The online MA in Journalism and Mass Communication program at Manipal University Jaipur is a two-year postgraduate program that is divided into four semesters. From writing to pitching their stories to the media, this course combines academic and practical learning to help students become more practical, inventive, and original. The MA JMC program incorporates the knowledge of instructors who are sensitive to real-world experience. Through the curriculum’s skill-enhancement courses, you can gain practical experience in writing for news media, screenwriting, digital publishing, photography foundations, audiovisual formatting, mobile photo editing, etc. The sections that include media, scriptwriting, fundamentals of videography, sound video editing, anchoring, camera handling, and other things involve students actively. Online MA JMC course highlights The “MA JMC” gives students employment options in a variety of media and locations. The value of this course is enhanced by the guidance and mentoring provided by competent professionals through the online MA JMC. The online MA JMC program encourages you to move in the right direction and field, such as print media, editing, PR and advertising, directing, journalism and reporting, anchoring, video editing, photography and videography, cartooning, research, radio, and broadcasting. Ensuring that the student is specialized in each area creates a variety of opportunities. After logging in, you can access the MA JMC course materials on the online platform. Program Fee: The cost of the online MA journalism and mass communication course fees at Manipal University Jaipur is INR 1,30,000 (taxes included); the semester price is INR 32,500 and includes an examination fee. Eligibility criteria: The following requirements must be met if you want to enroll in MA JMC: Applicants should have a 10+2 certificate from an approved board. Candidates must have earned a Bachelor of Journalism and Mass Communication degree or a comparable degree in any other discipline from any recognized university or institution Conclusion Both the world and media technology are undergoing fast change. The media can instantly alter popular perception. In the past, only radio, newspapers, and television could provide access to information about recent events, but today, information about anything can be found on a variety of media in a matter of seconds. Great chances are available to you with the aid of a degree in journalism and mass communication. The industries anticipate the arrival of MA journalism and mass communication graduates so that they can pool their talents to produce some fresh material because more brains equal more ideas. Enroll in Manipal University Jaipur’s MA JMC online program to pave the way for a productive career with room for advancement.
Children’s Day 2022: How EdTech is transforming young lives & reshaping India’s educational landscape Children’s Day is celebrated every 14th November with great fervor in India. This day marks the birth anniversary of Independent India’s first Prime Minister Pandit Jawaharlal Nehru. Chacha Nehru, as he is fondly called, dedicated his life to the betterment of children and tirelessly worked towards establishing institutions that provide quality education. “The children of today will make the India of tomorrow. The way we bring them up will determine the future of the country” –Pandit Jawaharlal Nehru The day also signifies children’s rights and their right to education. Pandit Nehru always envisioned a modern India, which is the result of a strong education system. Education for all children has been challenging in India due to several factors like poverty and lack of access to education. This is when technology came as a savior. The advent of technology Technology has become a significant part of our daily lives and has marked its presence everywhere. Education is no exception. From the ancient Gurukul system to using artificial intelligence and virtual reality in classrooms today, technology has massively influenced the education sector. The popularity of online education is growing by leaps and bounds, and from children to working professionals, everyone is opting to study in the online mode. Online learning mode for undergraduate and master’s degrees has been popular for quite some time now, however, the Covid pandemic pushed children also to take up online classes. The pandemic brought millions of lives to a standstill, but thanks to technology, students could continue their studies without any hassle. Even though children’s screen time increased, they benefited from the positive side of technology. There are several ways EdTech can transform the lives of students. Improved accessibility The major boon of technology is improved connectivity and accessibility. Technology in the education sector has eliminated the barrier of students traveling to school. It can largely benefit children residing in rural areas, who travel miles to attend school. With the help of a smartphone or laptop and an internet connection, they can attend classes from anywhere. Without having to spend much, schools and educational institutions with the help of EdTech firms, can make education virtually accessible to all. Virtual classrooms In physical classrooms, there is generally a limit to the number of students who can be present. However, with virtual classrooms, any number of students can attend classes simultaneously. Moreover, children can study from the comfort of their homes, with parents’ assistance in some cases. This helps parents keep an eye on their children’s academic progress. Moreover, cutting-edge technology like artificial intelligence and virtual reality have made virtual classroom experiences interesting. Teachers can use multimedia tools to explain complex concepts and make it easily understandable. Improve literacy rate EdTech companies and educational institutions are not only aiming at improving the quality of education, but also making education accessible to all. When education is accessible, the literacy rate will naturally improve. The National Education Policy (NEP) published in 2020 states the need to integrate technology in classrooms. They have laid out the segments where EdTech players can contribute to improving the quality of education. This is aimed at achieving the United Nations Sustainable Development Goal No. 4, i.e., “ensuring inclusive and equitable education and promoting lifelong learning opportunities for all.” This has further triggered the growth of EdTech firms, as companies are racing towards expanding their scale and net worth. EdTech firms, in collaboration with schools, are providing modern digital solutions that are helping institutions improve their quality of education. Moreover, apart from the fact that classes are conducted online, there is no major difference between online classes and physical classes. Even in online classes, students can interact with their classmates, attend live classes conducted by teachers and clarify doubts. Cutting-edge technology has reshaped the Indian education system. Digitally empowered classrooms have not only improved the quality of education, but also made it accessible to each student. Higher education in the online mode Higher education online modes have highly influenced virtual learning experiences for children as well. In the higher mode, universities are offering various online degrees that serve the purpose of students. The University Grants Commission (UGC) recently found out that enrollments for online degrees have increased, especially for programs like BBA and MBA. This increase in demand for online degrees can be due to many reasons like flexibility, improved accessibility and affordability. Universities use cutting-edge technology like artificial intelligence to deliver classes and tutorials. With the help of an integrated learning management system (LMS), students can interact with peers & faculty, take up quizzes and appear for proctored exams online. If you’re looking to pursue your degree online, look no further than Online Manipal. With Online Manipal, you can get access to in-demand online undergraduate, postgraduate and certificate courses from premium universities like Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE) & T. A. Pai Management Institute (TAPMI). With the help of experienced faculty and top tier mentors, students can gain real-world insights, expand their knowledge and hone their skills in their chosen domain.
How to start a career in supply chain management Synopsis: There has been tremendous industry-wide demand for supply chain management managers and supervisors due to globalization and worldwide connectivity. Supply chain management monitors, supervises, and oversees goods’ overall supply. Supply Chain Management (SCM) comprises a wide range of interrelated operations and services that enable commercial activities, including procurement, logistics, inventory planning, order fulfillment, and manufacturing, making them some of the most widespread and diverse disciplines in the business sector. Additionally, supply chain provides flexibility. It is possible to change career paths if you find yourself working for a firm, department, sector, or position that you dislike with some work. Be aware that choosing and perfecting a professional path that best suits your career objectives and aspirations often requires trial and error. The overview of the different job pathways available in the supply chain management industry. This might make it clearer to you what factors to consider while deciding on the best supply chain career path for you, considering the industry, functional, and service provider perspectives. Many international businesses engage in overseas transactions, particularly in the retail sector. Logistics and supply chain management is a rapidly expanding technology-driven area. If you’re thinking of working in this field or want to learn more about what it entails, keep reading. As earlier stated, Supply Chain Management (SCM) is critical to business operations in various industries, including retail, healthcare, information technology, and construction. The supply chain is the system of production and distribution that companies and suppliers use to make and deliver their products to customers. As a result, supply chain management relates to the rules of this system and the control of the shipment of goods from manufacture to delivery. Supply chain managers monitor every process phase, from acquisition to production to final shipping. Why a logistics and supply chain management career? Over the last decades, there has been a great expansion in global trade, products are created in one location, then exported and sold in other locations throughout the world. Globalization has been a significant driver of economic growth. As a result, controlling supply chains has become more crucial for many major organizations. Indeed, many of the world’s most successful enterprises can be traced back to effective supply chain management. Developing and sustaining mutually productive connections with suppliers, partners, and consumers is essential to any logistics and supply chain management function. To have a successful career in supply chain management, you must have good communication and interpersonal skills and the ability to bargain if your specific responsibilities consist of order processing. Career in supply chain management Careers in logistics and supply chain management are rapidly expanding, creating numerous job opportunities in various industries. It is a broad field in which you can specialize in various industries (e.g., retail or warehousing). You will also have a choice of companies since organizations require effective supply chain management of all sizes. In India, a supply chain manager makes more than INR 10,00,000 per annum on an average. Even candidates with less than three years of experience can expect nice compensation. Furthermore, these figures are likely to rise, so now is a perfect moment to have a career in supply chain management from a financial standpoint. Read more: Job opportunities for supply chain management graduate Alternatives of supply chain management It’s also an excellent sector to enter if you’re interested in professional development and advancement. Once you’ve gotten your foot in the door as a production or warehouse supervisor, for example, you can continue your education and work your way up to become a logistics manager or a global commodities director, and you’ll be well compensated for it! How to start a supply chain management career? Understand the SCM industry At its most basic, supply chain management is the movement of commodities, data, and finances associated with a product or service from raw material acquisition to final product delivery. Overall, supply chain management allows organizations to boost their profit margins in various ways, and it is especially crucial for companies with big and multinational operations. Decide which supply chain management area you are interested in Supply chain managers are in charge of the transportation of products, from purchasing raw materials to delivering finished items. Different organizational responsibilities allow you to specialize in specialized areas such as purchasing, procurement, transportation, technology, and facilities. Choose a learning path A supply chain manager’s responsibilities will differ depending on the job, the organization, and the industry. Before committing to one, examine the important components of a career in logistics and supply chain management in various sectors. Enroll in the supply management program To work in logistics and supply chain management, you must have a bachelor’s degree from an institution recognized under UGC/AICTE/DEC/AIU/State Government in any field. Typically, this might be business administration or systems engineering. As industry and global dynamics shift towards a more complex environment, the business seeks more graduates to enter this industry. Many firms are searching for applicants with a specialist logistics and supply chain management degree. Gain key skills Managers must be able to manage multi-skilled teams, make judgments with less knowledge, and have adequate contingency planning needs in the background. Managers must also be able to grasp the financial consequences of supply chain actions and apply action budgeting decisions to supply chain operations. Build a robust network Now is the time to start creating your networks in various industries to get insight into supply chain management specialists. This will provide you with vital insight into what it is like to work in supply chain management and may lead to a job offer later. You may also interact with supply chain recruiters and HR experts to gain better knowledge of the skills and experience required to secure work as a supply chain manager. Look for internships Internships are a terrific opportunity to obtain real-world experience while still in school and gain an advantage over other job searchers in an increasingly competitive market. Because logistics is a fast-increasing sector, several paid internships are available, and you never know—you may be granted a permanent career growth in supply chain management after your internship! Find a job Opportunities in supply chain management have wide reach applicability in career growth. Because the supply chain involves diverse areas such as production, warehousing, packaging, transportation & delivery, information technology, logistics, and so on, it provides countless employment roles in various industries. Conclusion If you are interested in making a career in supply chain management, Manipal Academy of Higher Education’s (MAHE) online PGCP program through Online Manipal is the perfect pick for you. You will get a chance to learn from competent academics and worldwide business experts in this sector. To ensure that our students are industry-ready, we equip them with the best tools and resources. Other related articles: Supply Chain course details Supply chain management in e-commerce
How does an MBA fit into your product management career? Key takeaways: Product management has evolved as a popular career among the youth. Pursuing an MBA in this domain hones various product management skills. Whether you are a student or a working professional, pursuing an MBA opens doors to diverse career opportunities, product management being one of them. Today, the success rate of businesses is largely driven by the quality of their product, and its potential to satisfy varied customer needs. We frequently hear about successful products and those that are not. The latter could be attributed to various factors, including a lack of financing and resources, inadequate supervision, and an absence of team direction. Typically, a product fails because it lacks effective product management. That is why an MBA is important to be able to skillfully manage products. Product management is the procedure of guiding a product from the outset throughout its lifecycle. To finish a product within the parameters of time, cost, and effectiveness is the primary purpose of product management. It should be kept in mind that since products are not meant to last eternally, they have lifespans. Who is a product manager? Product managers are the individuals tasked with ensuring a product team achieves its objectives. To address the needs of a product, these managers employ a wide range of tools, techniques, and methodologies. They play a crucial role as they spend days organizing a product’s workflow, making a budget, supervising a team, and corresponding with clients to ensure the product is up-to-the-mark. Let us have a look at some of the responsibilities that a product manager carries: Coming up with an effective idea Each product begins with an idea, and it is a product manager’s responsibility to identify that concept and develop a procedure for implementing it in collaboration with internal partners and external clients. Making a responsible team and leading it Product managers are responsible for creating and leading a team that can realize the client’s vision and surpass their expectations. Tracking progress and keeping deadlines in mind An efficient product manager is expected to keep track of how the product is progressing and make sure that there is not much delay in completing it. Resolving problems A product manager must see if there are any issues creating obstacles for the product and try to resolve them at the earliest. Analyzing the final outcome Once the project is over, the product manager has to analyze the performance and outcome of the product. How does an MBA help with product management? If you are looking forward to building a career in product management, you might wonder how an MBA helps product managers. Efficient knowledge There is no denying the fact that the curriculum and coursework of an MBA can provide you with efficient knowledge and enlighten you in ways that can help you in product management. A valuable network Studying among people who are going to be future businesspersons and CEOs offers you a valuable network and an opportunity to connect with them so that they might help you in the future. Adds to your profile It’s not that pursuing an MBA will suddenly make employers hire you as a product manager, but it will surely add to your profile and CV, which will further help you get your dream job. Changes how people perceive you Every employer prefers to hire employees who are serious about their job, and doing an MBA will reflect how seriously you will take your position and will change how people perceive you. Pros of doing an MBA in product management Let us have a look at some of the pros of doing an MBA in product management: It enlightens you with extensive knowledge that can be helpful in the future. It makes your CV more powerful It increases your job prospects It can help you get a higher salary It makes the transition from another field into product management easier It enhances your leadership skills It connects you with people from different backgrounds It helps you in going up the corporate ladder easily What product management skills can I earn from an MBA? An MBA can help you gain numerous skills that might prove to be helpful for your product management career. Top 3 product management skills you can earn from an MBATeam managementCreative thinkingEffective communication Team management One of the biggest tasks of a product manager is to manage the product development team, and when you pursue an MBA, it enriches you with that skill. Creative thinking Pursuing an MBA can help you hone your creative thinking skills, which can further assist in coming up with excellent ideas to make your product a success. Effective communication One of the biggest skills that an MBA teaches you is to communicate effectively. There is no doubt that communication holds a special place in the corporate world, and hence it can be fruitful for your product management career. Is an MBA essential for product management? An MBA can provide you with myriads of advantages, and there are numerous skill sets that you can earn with this course. Additionally, you can pursue the course before working as a product manager, but it is not compulsory as you can still get a job without it. Career options in product management after an MBA If you are wondering how an MBA can help your career, following are the numerous career options that you can pursue. Product Manager Product Leader Marketing manager Director of Product VP of Product Here’s how you can become a product manager Thinking about how to become a product manager? You can choose from numerous courses that are available. Pursue an MBA in product management to excel in this career path. Bottom line There is no denying the fact that product management is one of the most famous career options among this generation. If you are also looking forward to building a strong presence in that field, it is a good idea to pursue a course or an MBA in product management.
Is supply chain management important for the retail industry? Key takeaways: Supply chain management plays a key role in most businesses and is vital to achieving success and customer satisfaction. The role of SCM in the Retail Industry is to get your products to your customers as soon as possible while lowering costs from your end. The supply chain management professional is responsible for designing and operating the supply chains in the retail industry, from transportation and warehousing to inventory management and logistics information. Complexity in the retail industry is steadily growing, thanks to customer demands and potent competition. Despite multifaceted channels, a potential consumer expects a seamless service from the retailers. Therefore to reach top-line growth, retailers must focus on exceptional responsiveness and world-class customer service. Here is how supply chain management comes into play. Supply chain management is a strategic approach that provides organizations to outsmart their competitors and boost customer satisfaction. Simply put, it acts as an alternative tool to survive in the market, keeping customer engagement and transparency in payment in check. Scroll down to discover more about the importance of supply chain management in the retail industry. What is the retail industry? The retail industry is central to every economy across the globe, ensuring millions of jobs and fueling our economy. In the most fundamental form, the retail industry involves the sale of a final product from the business to the customer through multiple distribution channels. The retail sector encompasses all kinds of shops, from small groceries to large department stores, and the point of purchase could be either a brick-and-mortar or online shopping website. Role of SCM in the retail industry Role of SCM in retail industryOptimizing storage spaceFaster and efficient deliveryIncreased market shareEvaluating customer demand patternsReduce warehouse labor costsIncrease productivityUnified business operations The consumer evolution has drastically affected the retail sector, and to keep up with the progression, retailers are seeking ways to reduce the operation cost as much as possible without compromising the product quality and keeping up with the demand forecasting through supply chain management. Supply chain planning and control will optimize the process and make the supplies move promptly along the chain, improving your reputation in the eyes of your clients. With the role of supply chain management in the retail industry becoming more international, its response to an organization’s supply and satisfaction networks is a significant determination to achieve success. Supply chain management in the retail industry is known as the business’s lifeblood, helping them reach the right customer at the right time, before the competitors. A successful retail supply chain management ensures perfect logistics management is optimized throughout the lifecycle of the supply chain, from raw material to end customer. Here we have chalked out the significant benefits of retail supply chain management. Optimizing storage space If you consider the storage space of your retail business, you may be spending too much on it. It might be because your warehouse is not arranged properly, and it takes more time to perform inbound and outbound actions. A properly-planned storage strategy in supply chain management enables easy collection of data, eventually improving the productivity and profitability of your business. Simply put, this layout will give you a smoother transition for challenging operations by reducing manual errors and abolishing bottlenecks. Faster and efficient delivery When a retail business cannot effectively deal with the potential problems in its operations, it will lead to a shortage of risk management ability. Supply chain management streamlines the flow of every process, from goods to the impact of any natural disaster, ensuring prompt delivery. Supply chain professionals manage the logistics of every organization across the globe. Implementing the proper supply chain management methodologies will help them to easily diagnose the reason for disruptions, enabling seamless movement of products. Increased market share Data flow poses a potential challenge for procurement outsourcing organizations. Hence, visibility across the supply chain will positively impact the retail business’s success. Lack of synchronization will affect the ongoing activities. However, with SCM in place, visibility, and transparency in every state, you can increase your market share and collaborate with other departments, paving the path for informed decisions. Moreover, this interconnected supply chain will lead to global brand expansion, partnerships, and effective growth of the landscape. Evaluating customer demand patterns Customer service and customer satisfaction are other crucial factors that aid in determining the profitable revenue growth of a business. As a part of the retail business, your priority should be your customer. Hence the performance of your supply chain should be structured to impact their perception of your products. Here, proper supply chain management will help you to assess customer demand patterns with clear access to real-time data. Once you have the data, you can decide on the inventory levels you need to focus on, ensuring to reduce manpower and preparing for the upcoming season in advance. Reduce warehouse labor costs Warehouse management serves as a critical component in establishing proper retail operations. Implementing effective supply chain management strategies will help you in reducing warehouse labor costs in every aspect, including pricking and packing processes, storage space and costs, and shipping and inventory management. SCM will provide your promising visibility into real-time insights in terms of demand forecasting and fulfillment workflows throughout multiple warehouses. Besides lowering costs, it will also help you make the right decisions as you expand your supply chain. Increase productivity If you have an enhanced supply process, it will profoundly enhance the prospects and productivity of your retail business. An efficient supply chain management plan assures the delivery of the correct product with the correct quantity on time to the right customers, fulfilling the requirements of both the producer and the distributor. Simply put, customers are the kings of the retail business. Hence having a well-designed supply chain management will improve customer service and ultimately lead to better growth of your business in the long run. Unified business operation Supply chain management is the lifeline of all supplies that exist in societies. In the retail results, SCM focuses on an integrated and holistic approach to business management to meet the specific needs of both consumers and producers. By facilitating such a unified business approach, it is possible to manage operations across various geographical regions, cooperate and communicate in a defined pattern. It makes the supply chains of the retail sector more efficient and adds value to your competitive advantage. How to become an in-demand SCM professional? Considering the importance of retail supply chain management, opting to become an SCM professional would be the smart career choice in this era. Simply put, retail business depends on a well-designed supply chain structure made by SCM professionals who ensure an affordable, immediate, and reliable service. There are different types of supply chain jobs available at every level, opening up a myriad of opportunities. Below are the steps to begin your career in supply chain management as an eminent professional. The first step in becoming a supply chain professional is to earn a bachelor’s degree in the relevant field of study, be it business, finance, or supply management. You can also opt for a postgraduate degree specially designed to advance your career. You can opt for relevant internship opportunities to gain the knowledge essential to make later moves and acquire promotions in the field. The position also requires certain necessary skills such as project management, cost accounting, e-procurement systems, ERP systems, purchasing, and so on. Final thoughts Retail supply chain management is gaining popularity in recent years since it facilitates direct service to the customers, enhancing satisfaction and giving a competitive edge in the marketplace. Are you eager to build your career as an SCM professional? Online Manipal is the perfect platform to pursue your dream. PGCP in Logistics and Supply Chain Management is a course designed by Manipal Academy of Higher Education to help aspiring individuals mark their presence in this domain. With excellent theoretical and practical functionality, the program encourages you to gain real-world insight into the retail sector, boosting your career growth in the dynamic space. Join now!
Online master’s degree in India that can elevate your career There are ample number of online master’s degrees in India available today and their popularity and demand are on the rise. Here we will provide a detailed view of the most in-demand online degree programs from top universities available on the Online Manipal website. These courses can elevate an individual’s career as soon as you opt for them—at the same time, maintaining a clear focus on why the online mode of learning is the better way to go in today’s scenario. How pursuing an online master’s degree in India can set your career path straight Online master’s degrees are designed with the reckoning that most learners will already have a higher criterion of knowledge entering the program. Moreover, with the flexible schedule of the online master’s degree in India, many learners continue their job in this fast-paced world while simultaneously completing their courses. Learn at your own pace Pursuing the online mode, students can learn at their own pace each semester; this means you can complete a master’s degree at the convenience of your own current schedule, you can also extend your time for completing the course, unlike full-time degrees. On the other hand, full-time learners usually stick to a more typical schedule for classes and complete the degree in two years. A convenient schedule The online schedule is deemed best for people aspiring to continue working in the same field post-completion of an online master’s degree in India. An online master’s degree in India makes much more sense if an individual wants to make faster-paced progress in their career. Since this mode is more schedule friendly, the requirement to take leave from work and the added expense of being in school is also avoided. While still earning a certain secure salary, an online master’s degree in India is much more convenient to pursue. A wider reach Online programs eliminate common financial and geographic hurdles concerning enrollment that the regular master’s degree education mode maintains. Therefore, online degrees have also seen a rise in more diverse classes, including women and underrepresented minorities. This observation shows how online programs have become widely accepted over the past few years. Therefore, from a diversity point of view, there is a higher chance of finding more of it in the online master’s degree pool than in the full-time regular master’s degree. Best online master’s degree in India for you Online learning is on the rise. It has become commonplace for learners to enroll in their desired degree courses, sustain job training, or upscale their professional abilities in an online learning routine. Hence, online master’s degrees in India are a practical choice for anyone considering upskilling their game to advance their career paths. Master of Business Administration (MBA) A postgraduate degree earned after two years of study in business administration. This degree program educates you to streamline several diverse organizational procedures. The MBA course aspires to produce trained professionals with the necessary skills to be effective managers in today’s entrepreneurial world. As a generalist degree, an MBA program will teach you foundational management knowledge, which means you will get an integrated view of the business field across spheres such as finance, accounting, and marketing. Development of vital leadership and soft skills also takes place. Enroll at Manipal University Jaipur to pursue your dream online MBA degree. Master of Computer Applications (MCA) A postgraduate degree that trains you in computer programs and architecture, application software, and operating systems. This degree course typically takes two years to complete. Computer Applications are the use of computers to resolve a problem or to achieve a specific goal for a job. The MCA course contains four subject matters, Mathematics backing Computer Science, concepts elaborating on core computers and systems science, non-basic computer courses and software development/design. The demand for MCA postgraduates has dramatically increased with the rise of technology worldwide. You can apply for an online MCA offered by Manipal University Jaipur on the from Online Manipal website. Master of Science in Business Analytics (MSc-BA) This degree course has in store for you to acquire efficiency in skills to pertain machine learning capabilities as well as modern data science at work to resolve real-world business disputes and problems. The online MSBA is for working professionals or recent graduates who want to establish or boost their career paths in a business analytics role. That could be in several fields like digital, retail, healthcare, finance, logistics, or supply chain. Fundamentally, business analysts analyze the data and use it to make effective practical, data-driven decisions and implement change. Choose Online Manipal and pursue the comprehensive MSc in Business Analytics offered by Manipal Academy of Higher Education (MAHE). Master of Science in Data Science As an area of expertise and field, a Master of Science in Data Science can be defined as the study and analysis of data to draw substantial, meaningful business insights. It engages techniques and theories drawn from various fields within the wide array of mathematics, statistics, information, and computer science. The Data science degree program provided by Manipal Academy of Higher Education on the Online Manipal platform, has been materialized to address the growing and distinctive requirement for data scientists who can dispense insight into multiple organizational issues and interdisciplinary interests. Exercise your brain with the best curriculum Manipal University Jaipur (MUJ) and Manipal Academy of Higher Education (MAHE) provide online career-oriented courses in various fields with Online Manipal. These online programs are UGC-entitled and NAAC accredited. The prime focus is on developing critical reasoning abilities and real-world case studies assimilated into the teaching methodology. An extensive e-library and other study material resources are obtainable as part of the curriculum’s vast learning environment. Choose your career path and elevate it with us!
Bachelor’s degree programs to help you advance in your career Earning a degree opens a whole new world of opportunities that only prove to be beneficial for you, time and again. Bachelor’s degree courses enable you to better engage with your career goal in the most stable and knowledgeable ways. In today’s scenario, it is important to engage with systematic organizational study material designed carefully for you to grasp everything thoroughly. Let us know more about bachelor’s degree courses and what they can do for you. Bachelor’s degree programs: Building blocks of your career The drastic change in the job market has produced a high demand for educated workers that contribute to society with their acquired skills. Therefore, bachelor’s degree courses become your best option if you wish to upscale your worth as a professional and improve your career prospects. Bachelor of Business Administration (BBA) This undergraduate degree course that equips you with professional management refinement and lands you in leadership positions in the business field. BBA is inflating in cooperation with the Indian economy and associated industries. Hence, the BBA syllabus intends to dispense students with apt business administration expertise. Principles of management, human behavior, macroeconomics, management accounting, insurance and banking are a few subjects you will study thoroughly here. Courses post-completion of BBA include advanced degrees in master’s in business administration (MBA), with diverse specializations. Manipal University Jaipur offers comprehensive BBA and MBA programs to equip you with the leading curriculum needed to ace the field. Visit the Online Manipal website for details. Bachelor of Computer Applications (BCA) This three-year undergraduate program has its spotlight on computer applications and information technology. The IT industry has witnessed an immense rise in its growth and will continue to do that in the coming days. Therefore, BCA is one of the best options to help you reach one step closer to a successful career in the IT industry. Studying BCA will provide you with expertise in various programming languages involving Java, JavaScript, Python, C++, etc. Following BCA, it is advised to further pursue the master’s in computer applications (MCA) postgraduate degree course. A successful career is guaranteed after being thoroughly well-versed in all things computer related. You can apply for a BCA or an MCA degree offered by Manipal University Jaipur on the Online Manipal website. Bachelor of Commerce In this degree course, you will get bonafide knowledge about business, taxes, and accounts, lined up with the administration part at the core level. B.Com is the foundation on which plenty of accomplishments can be constructed with further studies. You will get acquainted with concepts such as general business principles and simultaneously study basic core commerce subjects like finance, economics, business management, etc. After pursuing the above undergraduate degree programs, you can opt for a master’s degree to further enhance your career. Master of Business Administration (MBA): If you desire to pursue a business or job holding a managerial position in an organization, MBA is a righteous fit for you. It is a two-year program highly recommended for you, as it comes up with countless job and networking opportunities. Master of Computer Applications (MCA): A postgraduate degree in computer science will prepare you for a thriving corporate IT culture with an impressive outlook. MCA education has its spotlight on understanding programming constructs and application modeling. Master of Commerce (M. Com): Succeeding B.Com, most candidates opt for M.Com. This postgraduate degree course provides deeper knowledge of commerce and related fields based on what you studied at B.Com. Manipal University Jaipur offers a well-structured MBA and M.Com degree, available on the Online Manipal platform, with the best curriculum needed to ace in these fields. Degree for a Better Future Learning essential skills: In addition to your coursework, bachelor’s degree courses will teach essential professional and personal life skills like time management, better organization, and determination. You will also get efficient with the following soft skills: Problem-solving, critical thinking, communication, working in a team environment, and leadership. A secure financial future: Jobs that require a bachelor’s degree usually offer much more benefits than jobs that only demand a high school education. By benefits, we mean health insurance, retirement savings, and disability insurance. Among these benefits, the biggest one of them all is job security. A bachelor’s degree could corroborate a buffer against an extended period of unemployment, aiding in securing your financial future. Enhanced ppportunities: With a bachelor’s degree, you’re more likely to possess skills that mark the needed qualifications for a wider range of career options that offer further important opportunities for advancement. Wrapping up Now the point of the question is, how to fit the pursuit of a bachelor’s degree into your inevitably busy schedule? The answer to this question is simple. Manipal University Jaipur offers the most beneficial bachelor’s degree courses available on Online Manipal. Upon course completion you will also get the placement support to find a suitable job opening as per your potential. Online Manipal lets you pursue your dream course without making you lag in your current schedule. After completing bachelor courses, you can also apply for the master courses such as Master of Business Administration to elevate your career as mentioned above. So check out our course pages today and enroll in a relevant degree program to amplify your career today!
What to do after B.Com: Know your options The key to a successful professional life after pursuing B.Com is choosing the right higher education and job profile following that. A common question arises among pursuers is what to do after B.Com. Before getting into what to do after B.Com, it is important to understand what this course allows you to learn—developing and imparting written and oral communication, statistical skills, information technology and legal knowledge. Acquiring essential skills for your career path Communication skills: As a manager, you must be an effective communicator to excel in this field. Since managing clients, holding internal meetings, and giving boardroom presentations are some of the top-shelf roles here, a good set of communication skills is useful to a large extent. This skill is best judged during individual interviews and group work as well. Financial analysis skills: If you decide to work in corporate finance, investment banking or other major financial roles, knowledge of financial analysis is a must-have. A B.Com degree provides training in various financial markets like derivative and investment and portfolio management. Analytical skills: Analyzing accounts and business data and interpreting that data to help make suitable important decisions are some of the key roles of this field. Analytical skills play a major role in this field, and you must sharpen and constantly work on them. Problem-solving skills: As mentioned in the above-required skills, it is safe to say that problem-solving skill and efficiency is the mightiest weapon in this field. Every aspect of commerce requires an effective problem-solving nerve that sees a way out of a problem by analyzing and interpreting speculations based on data. What to do after B.Com in terms of higher education To achieve the most of what the field of commerce offers, pursuing higher studies post-completion of B.Com is the ideal option. It is up to you to choose the specialization stream and move forward in that direction career-wise. Master of Commerce (M.com): M.Com is a two year long program offered by Manipal University Jaipur through Online Manipal. This online postgraduate course is ideal if you want to nudge your career path towards banking, financial services and insurance (BFSI), accounting and commerce. This program available on by Online Manipal takes a deep dive into the functioning of the economy, revenue and capital, trade and taxes, to name a few. M.Com is a specialized course which is advised to students who have completed B.Com. Master of Business Administration (MBA): MBA provides conceptual and pragmatic business or investment management training. An MBA is designed and cultivated to help you better understand principal business management functions. An MBA program customarily includes core classes and management training, with a spotlight on leadership, planning, business strategy, and organizational behavior, lined with the more human sides of running a business, regardless of its scale. Manipal University Jaipur is equipped with the best curriculum in this field, and one can pursue this comprehensive online MBA program through Online Manipal. What to do after B.Com in terms of career options Chartered Accountancy (CA): A chartered accountant is an accounting professional, in simple words. After receiving certification from a statutory body, you handle taxation and business accounting matters. You can also offer professional advisory services to your clients for effective decision-making. Company Secretary (CS): A Company Secretary is the company’s compliance officer and in-house legal expert. Some mixed abilities involve corporate laws, securities laws, corporate governance, and capital market expertise. You become a multidisciplinary professional who renders services in diverse areas regarding the requirement. Chartered Financial Analyst (CFA): A profession recognized globally; the title of a Chartered Financial Analyst is achieved by passing three levels of examination. These examinations cover accounting, economics, money management, security analysis, and ethics. Business Accounting & Taxation (BAT): The focus here is business accounting, financial modeling, budget predictions, and their application in corporate scenarios. A deep understanding of the taxation systems, payroll rules, and other economic fundamentals will be bestowed on you in this field. You can pursue your career in B.Com with the best curriculum offered by Manipal University Jaipur, through Online Manipal. The online B.Com program by MUJ equips you with the skills and knowledge required to excel in this field. Enroll wit Online Manipal and climb the ladder of success!
One-year or two-year MBA: Know the difference Choosing between a one-year or two-year MBA could be a complex decision to make. Various aspects must be investigated before arriving at a suitable decision. It is said that less is more – if you could get the same MBA in just a one-year and at a much lower cost, it may sound like a fair deal to some, and to some, it may not. The clear-cut cost advantage and time-saving feature could influence the final verdict of your choosing. This blog will elaborate on the similarities and differences between both MBAs, taking a 360-degree approach to compare both. One-year or two-year MBA: Similarities Both MBA formats have their own pros and cons, but the one constant factor is that both demand complete determination throughout the course. In both cases, the curriculum is curated so that those who are browsing can switch their career paths from one to another, working abroad or starting their endeavor. The curriculum of an MBA successfully gives you a taste of the high-end corporate world. It warms you up to meet the rising corporate world provocations and challenges surrounding the current trends in global business development procedures. When weighing one-year MBA and two-year MBA, there are quite some factors to ponder. The two-year MBA program courses are expanded over two academic years, equipping students with a more conceptual knowledge base with the practical knowledge gathered through summer internships. Contrastingly, the one-year MBA is much more vigorous and concentrated than the two-year format. The one-year course extends everything except the summer internship, which the two-year format offers within its period. One-year or two-year MBA: Differences Apart from the difference in the duration of the program, other variances distinguish one-year MBA from a two-year MBA degree. For example, a one-year MBA requires much more concentration and coherence of your goals and may not be suitable for you if you want to change your career path as it won’t be advised. Thus, the choice between a one-year or two-year MBA ultimately revolves around your career goals and what you are looking to personally achieve through the program other than rapid career growth and a good salary package. Work experience: Most two-year MBA programs do not demand work experience in your portfolio, and the selection procedure is mainly based on your intellectual grasp and test scores. On the other hand, the one-year program requires you to have two to three years of work experience, and the MBA selection procedure considers your overall profile, involving the refinement of work experience, an exhibited track record and upcoming potential. Curriculum and learning: The one-year MBA is more challenging due to a shorter duration of time, with learners having to shoulder a lot more in less time. This is the point where possessing prior work experience helps you since you already have a core understanding of organizations and work environments. You can commence your journey at a higher base than freshers who have just started. The programs are curated correspondingly, with this work experience in mind, giving full weightage. In contrast, a two-year MBA offers freshers sufficient time to cultivate an in-depth understanding of the business world, lined up with a summer internship of two months to get acquainted with what will come next. So, for freshers, a two-year MBA appropriately equips them for the corporate world. Peer group: A class of one-year MBA programs commonly involves professionals with prior experience in diverse industries and positions. This significantly increases the quality of learning within and past the classrooms since you can understand and relate business concepts with real-life experiences. Similarly, it provides a significant opportunity to create a network of peers and acquaintances across industries. Career aspirations: The choice of your conclusion also hangs upon your career goals and aspirations. Let’s say, you are looking for a notable change in your career path or want to redirect your industry, a two-year MBA program with a summer internship will prove to be a better option. In contrast, if you love the line of work that you are currently in and wish to boost your career in a short time, then a one-year MBA will make more sense for you. Regarding job openings and employment aftermath, the two types of MBA programs do not have any distinction whatsoever. The major standard for choosing one program over the other is relevant to the experience you possess. The traditional two-year MBA is more famous with candidates with less work experience because of the offered internship at the end of its first year and the learners planning to shift their industry and line of work. However, a one-year MBA program is more apt for candidates with significant work experience and searching for rapid career growth. Conclusion In contemplation of this article, you should be able to figure out the choice between a one-year and two-year MBA that will suit your professional requirements in the best way possible. Manipal University Jaipur offers a two-year MBA program equipped with the best curriculum in the field, with reputed faculty that hone your skills to make you a better leader in the modern world of business. You can find this comprehensive online MBA program on the Online Manipal website.
