Strategies for overcoming placement-related anxiety Placement-related anxiety is prevalent when students gear up for a job placement or internship.The final year of college is the height of a psychological whirlwind. Students’ emotions are scattered as they prepare for examinations, submit projects, and bid farewell. Additionally, institutions began inviting businesses for campus placements in the last year. It is normal to experience placement anxiety and the strain associated with preparing for a placement with everything going on around you. It is a form of stress brought on by the need to perform well, the anxiety associated with making blunders, and the ambiguity of the future. Persistent placement-related worry can harm one’s self-assurance, performance, and overall mental health. This post will go over several techniques for overcoming placement-related anxiety. Also, read the importance of building a strong LinkedIn profile for job seekers. Strategies to tackle placement anxiety There are multiple ways to tackle placement anxiety. The following list includes a handful of the finest techniques: Organize yourself If there’s plenty on your to-do list, stress frequently interferes with your ability to think clearly. Now is the time to organize your thoughts and prioritize your tasks. Don’t worry; everything will come together eventually. You don’t have to take care of everything at once; just choose one, do it, and then go ahead to the subsequent. Break up huge jobs into manageable chunks, treat each as a separate unit, and proceed with each fragment. Prepare beforehand Preparing for the placement process is the most effective strategy to improve your self-confidence. Focus all your attention on preparing for the campus placement rather than escaping reality or juxtaposing yourself with others. It not only fosters self-assurance and conformity but also lessens unneeded pressure. Envision success The powerful technique of visualization might assist you in overcoming anxiety. Spend some time picturing yourself finishing your placement successfully, making an impression on your boss and colleagues, and accomplishing your goals. You can develop a positive outlook and increase your confidence as a result. Get ready to deal with a variety of interviewers Before going on an interview, it’s important to remember the typical reality that not every interviewer will be empathetic. Some may seem amiable, while others may show no emotion at all and maintain a blank countenance. You’ll need to be ready to deal with various types of individuals and be aware of the appropriate response for each circumstance. Don’t be afraid; the interviewer is merely another individual assessing your competence, just like the practical examinations you probably took in college. Additionally, you are not required to ace your first interview. Try to maintain your confidence and resist becoming intimidated by the interviewer. Practice your communication skills Most students’ poor communication skills are a major factor in why they fear the placement cycle. Additionally, they lack self-confidence and are, therefore, apprehensive about speaking in front of the interviewer. Top employers frequently seek applicants with excellent communication skills and a personal connection to their peers. One of the main prerequisites is that you work on improving your communication abilities. Discuss it with your peers and ask your mentors for assistance. If you stutter under pressure, try some meditation before your interview. Consider the underlying concerns You need to recognize your areas of weakness if you want to endure the strain and anxiety of the placement process. Your desperation may increase if you haven’t reached the top IT firms. Additionally, persistent parental pressure to obtain a well-paying profession may be the main source of your suffering. Work on these underlying issues rather than ignoring them. Look for other positions if you weren’t able to secure into a prestigious company. If you work hard enough, you’ll soon find a terrific opportunity. Additionally, consider other doable options, such as pursuing a higher degree. You won’t feel stressed if you have a backup plan. Be Positive and treat yourself Even though it can be challenging at times, maintaining a positive attitude during this process is crucial. Try to persevere and make the best possible use of your time by finding ways to make the job hunt exciting or enjoyable. Enjoy the challenge of finding new jobs to apply for, and when you’re finished, treat yourself by doing the things you enjoy. Recognize your accomplishments, Seek an ally Having a conversation with someone should be your first step in managing stress. Find someone who will listen to you and help you relax, whether it be an ally or a family member. Discuss the specifics that bother you and the shortcomings preventing you from addressing the interviewer. Find an individual you feel comfortable confiding in rather than seeking solutions to divert your thoughts and focus. Even casual interactions help you stabilize yourself under stress from the placement process.regardless of how minor they may seem. This may boost your self-confidence, motivate you, and lessen your tension. Practice self-care Self-care is crucial for anxiety management. Ensure you care for your physical, emotional, and mental well-being. Eat well, move around frequently, get enough rest, and take breaks as necessary. Try relaxing activities like yoga, meditation, or deep breathing to relieve stress. Students often lose focus and get antsy as the campus placement gets closer. You must keep an eye on the big picture to prevent all of the aforementioned scenarios. Instead of getting yourself worked up, take a mental break and reflect on every detail of preparation for the placement you invested in. You must also read why placement assistance is crucial for online students: Support and guidance in landing the right job. Conclusion Aim for improvement and growth rather than perfection. Although stress is unavoidable, try not to let it overcome your positive instincts. If you hold the hunger to succeed, nothing is impossible. Do not allow “stress” to stand in the way of your hard work when it is finally time for results after years of effort. In conclusion, following the straightforward strategies above can reduce placement anxiety. So, give placement anxiety no ability to undermine your efforts, and even more importantly, give it no power to determine your destiny. Online Manipal greatly helps students with placement opportunities via employability skill assessments and skill enhancement training. Regular efforts are undertaken to organize placement drives and help students to connect and showcase their skills to reputed organizations and seek desired employment.
Increasing demand for business education and non-tech jobs In today’s rapidly evolving job market, the demand for skilled managers has never been higher. As the world becomes increasingly complex and interconnected, businesses are constantly seeking individuals with the expertise to navigate this landscape effectively. The latest report published in ET confirm this trend, as non-IT sectors such as consulting, BFSI, conglomerates, and FMCG companies are showing an increase in hiring fresh management graduates. What does it mean for business schools? This surge in hiring for non-tech jobs has provided a much-needed boost for business schools across the country. Unlike engineering colleges, which have been struggling with a rationalization in tech hiring, B-schools are seeing a significant increase in the number of companies visiting them and in the number of students getting placed. Additionally, the average packages offered to management graduates have also been on the rise. This trend is indicative of the growing demand for management studies and management courses. In today’s dynamic business environment, companies are increasingly looking for individuals with specialized skills and knowledge that can help them navigate through the challenges of the modern world. This has resulted in a renewed focus on management education, with many students looking to pursue MBA degrees to gain a competitive edge in the job market. Online business degrees are gaining popularity The growing popularity of online education has made it easier than ever before to pursue a management degree. With the rise of online BBA and MBA programs from reputed institutes/universities such as Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE), and T.A. Pai Management Institute, students can now access world-class education from the comfort of their homes. Online MBA programs offer several benefits, including greater flexibility, lower costs, and the ability to learn at one’s own pace. Unlike traditional classroom-based programs, online programs allow students to access course materials and lectures at any time, from anywhere. This makes it easier for students to balance their studies with work, family, and other commitments. Students will also be provided with the opportunity to choose from several in-demand electives and specializations which help them pursue a career in a domain they are passionate about. With the rise in remote working and the need for professionals who can work independently, online MBA programs are becoming increasingly popular. Moreover, online MBA programs from reputable institutes are recognized by employers globally, and students can acquire the same knowledge and skills as their on-campus counterparts. Online MBA programs also offer opportunities for networking, which is crucial for building professional relationships and exploring career opportunities. Conclusion The growing demand for business education and the increasing focus on non-tech hiring in business schools reflects the changing nature of the business landscape. As companies become more diverse and complex, there is a greater need for individuals with a broad skillset and a deep understanding of business fundamentals. As a result, business schools are evolving to meet these needs, offering a wider range of courses and recruiting faculty with diverse backgrounds and expertise. This trend is likely to continue in the years ahead, as businesses continue to adapt to a rapidly changing global economy. Ultimately, investing in business education and non-tech hiring is an investment in the future success of both individuals and organizations.
Hiring rate in India looks promising for the year 2023 The Indian job market is evolving at an unprecedented pace, and the recent recovery from the COVID-19 pandemic has only accelerated this transformation. India is reporting a positive rate of hiring in 2023 as per the Decoding Jobs India Report 2023 by Taggd, with a high demand for skilled professionals across various sectors. Leading job sectors The hiring trends in different sectors are also encouraging, with Automotive (30%), Manufacturing (25%), and BFSI (24%) leading the demand for talent, followed by Internet Businesses (19%), and Pharmaceuticals and Healthcare (16%). It is also notable that the IT sector is expected to grow by 10 percent, indicating a promising future for the industry. In-demand domains and skills The report also says that the top skills in demand, such as Artificial Intelligence & Machine Learning, Cybersecurity, Digital Marketing, UX Designers, Cloud Computing & Risk Management, and Data & Business Analytics, reflect the growing importance of technology in various industries. Key insights This report provides valuable insights into the current job market in India and can be a useful resource for both organizations and individuals looking to navigate the hiring landscape. By understanding the key metrics and strategies for successful talent management and acquisition, employers can attract and retain top talent. They are adopting innovative approaches to recruitment, such as digital platforms, social media, and referral programs, to reach out to potential candidates. The focus is on creating a positive employer brand, offering competitive salaries and benefits, and providing a flexible work environment. Job seekers, on the other hand, need to focus on developing skills that are in demand in their industry. They can explore online courses, attend webinars, and participate in industry conferences to stay up to date with the latest trends and technologies. Candidates who are well-prepared and have the necessary skills are likely to have a higher chance of securing a job. Upskilling is the mantra To meet the growing demand for skilled professionals, candidates need to stay upskilled and make use of the online courses from reputed institutes/universities. Today, renowned educational institutes and universities such as Manipal University Jaipur (MUJ), Manipal Academy of Higher Education, and T.A. Pai Management Institute are providing UGC-recognized online UG and PG degrees as well as domain-specific certifications that help in enhancing the knowledge, skills, and employability quotient of the candidates. These programs are completely online which allow both students and working professionals to take them from the comfort of their homes at a time that works for them. Highly qualified and experienced teaching staff, live and recorded classes, webinars by industry experts, virtual labs for hands-on experience, 24/7 student support services, and placement assistance are some of the key features of online programs offered on Online Manipal. Bottom line Decoding Jobs Hiring Intent report 2023 by Taggd indicates a positive outlook for the Indian job market in 2023. Organizations are looking to recruit highly skilled people, and candidates need to stay upskilled to meet the growing demand for skilled professionals. The adoption of digital technologies has created new opportunities for job seekers, and candidates who possess digital skills are likely to have a competitive advantage in the job market.
Debunking common myths about M.Sc in Business Analytics Students interested in the intersection between business and data science usually enroll in the M.Sc in Business Analytics program. A specialized curriculum is created to give students the knowledge and abilities to draw conclusions from data and make wise business decisions. Statistics, machine learning, data visualization, and business strategy are just a few topics covered in the curriculum. The program’s alumni can work in various industries, including consulting, marketing, operations, and finance. Despite the rising demand for business analytics specialists, a few business analytics myths can deter students from enrolling in it. This blog seeks to dispel some of these misconceptions and give readers a clearer idea of the advantages of earning an M.Sc in Business Analytics. Common myths about M.Sc in Business Analytics For a business analytics career, you don’t need a master’s degree While a bachelor’s degree in a related discipline may be sufficient for an entry-level position in business analytics, a master’s in the field will open up many more doors for you. A master’s degree brings senior and specialized positions, giving you in-depth statistics, data analytics, and business strategy knowledge. In many industries today, senior-level jobs are inaccessible to those without a postgraduate degree. About 80% of companies that recruit recent business school graduates for data analytics roles prefer individuals with a master’s degree, according to research conducted by the Graduate Management Admission Council (GMAC). Employers do not take a degree in business analytics seriously This is not true. Companies realize the benefits of employing data-driven decision-makers, driving a surge in demand for business analysts. Professionals skilled in data analytics are in high demand, and their popularity will only expand. Graduates with an advanced degree in business analytics are in high demand by major corporations in various sectors, including banking, healthcare, retail, and technology. Earning a graduate degree in Business Analytics proves you have the expertise to use data to guide business choices, making you an invaluable asset to any company. You should know programming to enroll in M.Sc. in Business Analytics An M.Sc in Business Analytics does not require prior programming experience, but familiarity with languages like Python and R is helpful. You can enter many business analytics programs without having any prior understanding of programming because they provide courses that cover programming languages from the ground up. However, if you know how to code, you may find it easier to grasp more complex ideas and put them to practice. Math and Statistics dominate M.Sc in Business Analytics syllabus Despite the degree focus on analytics, there is more to the M.Sc in Business Analytics than just numbers and spreadsheets. Data visualization, data management, business strategy, and communication abilities are just a few of the many areas of study encompassed by the curriculum. The course material is organized to teach students everything they need about data analytics and its practical uses in the corporate world. Students gain experience tackling real-world problems through the program’s focus on applying data analytics tools and approaches. You have limited opportunities after an M.Sc in Business Analytics. An M.Sc in Business Analytics can lead to various career paths, such as Data Analyst, Business Analyst, Data Scientist, and Consultant are just some possible jobs for recent grads. All sectors demand data analysts, from healthcare and banking to retail and technology. The World Economic Forum identified data analysts and data scientists as two of the top 10 vocations of the future. You may like to debunk some myths on business analytics career Business analytics is all about technical skills Business analytics is often misunderstood to require only technical competencies like programming, data mining, and statistical modeling. While these abilities are necessary, they are not exhaustive. Professionals in the field of business analytics should be well-versed in problem-solving skills, critical thinking, and communication skills. They must be adept at sifting through mountains of data and distilling key takeaways for audiences with limited technical expertise. Consequently, a mix of technical and soft skills is necessary for success in a business analytics career. Business analytics is only for large corporations Students think Business Analytics is only useful for large organizations with vast data. Yet, this is simply not so. Business analytics methods apply to businesses of any size and in any sector. Business analytics helps small companies use data for strategic decision-making and process improvement. Non-profit organizations can also use it to understand their impact better and increase donations. An M.Sc in Business Analytics is too expensive. Students often feel that the high cost of earning a Master of Science in Business Analytics is not justified by the career opportunities it can provide. However, a graduate education in Business Analytics offers a good ROI (return on investment). An M.Sc in Business Analytics brings in average annual pay of INR 5 to 12 lakhs in India. It is important to understand that the average program fee for an M.Sc in Business Analytics is roughly INR 2,60,000. Conclusion Finally, clarifying prevalent myths about earning an M.Sc in Business Analytics is critical. The degree provides multiple employment options and is highly valued by companies in various industries. The demand for competent experts in business analytics is continuously expanding due to the exponential expansion of data-driven decision-making in organizations. An M.Sc. in Business Analytics can provide individuals with the skills and information they need to excel in the sector and enhance their careers. The online M.Sc. in Business Analytics program at Manipal Academy of Higher Education is a wonderful opportunity for individuals wishing to upskill and develop their data science and analytics careers. The curriculum is designed to meet industry expectations and offers students a flexible learning environment with top-tier teachers, cutting-edge technology, and a supportive learning community. Individuals can attain their job goals and disprove popular stereotypes about the degree by enrolling in the online M.Sc in Business Analytics program at Manipal Academy of Higher Education. Thus, if you’re thinking, “Why should I do M.Sc in Business Analytics?“, the answer is simple. It’s a wise investment in your professional development, and Manipal Academy of Higher Education is a fantastic choice for reaching your academic and professional objectives. Key takeaways: This blog post debunks common misconceptions about earning an M.Sc in Business Analytics. The blog addresses the myth that one must know programming to enroll in the program and that the curriculum is dominated by math and statistics. It also addresses the misconception that there is no need for business analysts in the market.
MBA Healthcare Management vs MBA Pharmaceutical Management Pursuing an MBA degree has become popular for people looking to advance their careers in today’s fast-changing corporate scene. Healthcare and pharmaceutical management are two MBA specializations that have received much attention recently. These specialist MBA programs are designed for people who want to work in the healthcare industry, one of the world’s fastest-growing industries. With the growing need for high-quality healthcare services, there is an increased demand for leaders and managers who understand and can handle the complexity of the healthcare and pharmaceutical industries. This article will examine the differences and similarities between MBA Healthcare Management and MBA in Pharmaceutical Management. MBA in Healthcare Management vs. Pharmaceutical Management – An overview ParametersMBA in Healthcare ManagementMBA in Pharmaceutical ManagementEligibilityBachelor’s degreeBachelor’s degreeDuration2 years2 yearsKey SubjectsHealthcare Finance, Healthcare Law, Health Informatics, Healthcare Quality ManagementDrug Development, Marketing, Regulatory Affairs, Healthcare EconomicsCareer ProspectsHospital Administrator, Healthcare Consultant, Healthcare Marketing Manager, Healthcare Finance Manager, Healthcare Operations ManagerPharmaceutical Product Manager, Regulatory Affairs Manager, Marketing Manager, Supply Chain Manager, Clinical Research AssociateCompaniesApollo Hospitals, Fortis Healthcare, and Max Healthcare Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories, and Cipla Limited Expected SalariesINR 7-20 lakhs per annumINR 8-18 lakhs per annum What is an MBA in Healthcare Management? The Master of Business Administration in Healthcare Management program aims to train future healthcare sector executives. Healthcare-specific business and management abilities, including healthcare finance, healthcare marketing, healthcare operations, and healthcare policy, are the primary focus of this curriculum. Graduates can find various positions in the healthcare management industry, such as hospital administration, consulting, marketing, finance, and operations. Eligibility to enroll in MBA in Healthcare Management The admission requirements for this program in India may differ slightly based on the institution. The following are the usual eligibility requirements: Applicants must hold a bachelor’s degree from a recognized university in any area. The minimum score required is usually between 50% and 60%. Some organizations may require prior job experience of 2-3 years in the healthcare business. Many colleges require students to have a legitimate score on an entrance exam such as the CAT, XAT, GMAT, or CMAT. The cut-off, or the minimum necessary score, may differ from one institution to the next. Applicants must exhibit English language fluency. Institutions may require scores from standardized English proficiency tests such as the TOEFL or IELTS. Key subjects covered in MBA in Healthcare Management Healthcare Industry Overview Health Economics Healthcare Marketing Healthcare Operations Management Healthcare Policy and Law Healthcare Information Systems Health Informatics Health Insurance Health Education Healthcare Finance Healthcare Human Resource Management Healthcare Strategy and Leadership Healthcare Supply Chain Management Career opportunities after MBA in Healthcare Management Role Salary ExpectationsHospital AdministratorBetween INR 500,000 and 20,00,000 a yearHealthcare ConsultantFrom INR 6,00,000 to 25,00,000 per yearHealthcare Marketing ManagerFrom INR 8,00,000 per annum to 35,00,000 per annumHealthcare Finance ManagerFrom INR 7,00,000 to 35,00,000 annuallyHealthcare Operations ManagerFrom INR 6,00,000 per year to 25,00,000 per yearSource: AmbitionBox Top healthcare companies Apollo Hospitals Fortis Healthcare Max Healthcare Manipal Hospitals Narayana Health Columbia Asia Hospitals Medanta Learn more about career opportunities after an MBA in Healthcare Management. What is MBA in Pharmaceutical Management The goal of an MBA in Pharmaceutical Management program is to equip students with the expertise necessary to assume leadership roles in the pharmaceutical industry. Pharmaceutical marketing, R&D, product management, and supply chain administration are only a few of the areas of study included in the curriculum. Eligibility to enroll in MBA in Pharmaceutical Management Here are the eligibility requirements to enroll in an MBA in Pharma Management program in India: Applicants must hold a bachelor’s degree from a recognized university in any discipline. Applicants must have at least a 50% aggregate score in their Bachelor’s degree. Certain institutes may have a greater % requirement. While not required, some institutes may favor pharmaceutical industry work experience candidates. Applicants must have passed a management entrance exam such as the CAT, MAT, XAT, or GMAT. Applicants must be fluent in English and may be required to take an English proficiency test such as the TOEFL or IELTS. Key subjects covered in MBA in Pharmaceutical Management Pharmaceutical Marketing Management Pharmaceutical Supply Chain Management Pharmaceutical Product Management Pharmaceutical Regulatory Affairs Pharmaceutical Research and Development Healthcare System and Policy Intellectual Property Rights Career opportunities after MBA in Pharmaceutical Management An MBA in Pharmaceutical Management opens up various career opportunities in the pharmaceutical industry. Here are some of the career opportunities after an MBA in Pharmaceutical Management, along with expected salaries: Role Salary ExpectationsProduct ManagerAround INR 15,00,000 per annumBusiness Development ManagerAround INR 19,00,000 per annumMarket Research AnalystAround INR 7,50,000 per annumRegulatory Affairs ManagerAround INR 15,00,000 per annumMedical Science LiaisonAround INR 12,00,000 per annumSource: AmbitionBox Top pharma companies Sun Pharmaceutical Industries Dr. Reddy’s Laboratories Cipla Lupin Aurobindo Pharma Cadila Healthcare Biocon Torrent Pharmaceuticals Alkem Laboratories GlaxoSmithKline Pharmaceuticals You may like to know more about job prospects after an MBA in Pharmaceutical Management. MBA in Healthcare Management vs. MBA in Pharmaceutical Management: Which is better? It cannot be easy to compare MBA in Healthcare vs. Pharma Management due to the attractive career prospects. Ultimately, you’ll want to weigh your interests, job aspirations, and strengths and weaknesses while deciding between the two programs. Healthcare policy, operations, and facility management are only a few business-related topics covered in an MBA in Healthcare Management. This program is a good fit if you want to build a career in healthcare administration, consulting, or technology. However, the curriculum of a Master of Business Administration (MBA) in Pharmaceutical Management is tailored specifically to the pharmaceutical sector. It includes classes on drug research and development, advertising, and sales. Anyone interested in pharmaceutical product management, regulatory affairs, or market research may benefit greatly from this course. You can also pursue hospital administration courses to start a career in healthcare industry. Conclusion In conclusion, earning an MBA in either healthcare management or pharmaceutical management can pave the way to a rewarding and financially rewarding professional life. Your interests, career aspirations, and strengths should guide your decision between the two programs. Manipal Academy of Higher Education provides online healthcare management and pharmaceutical business administration master’s degree programs. MAHE’s MBA program graduates will be well-equipped to assume leadership roles in their chosen fields. MBA students at MAHE benefit from the combined knowledge and experience of distinguished faculty and professionals in the healthcare and pharmaceutical industries. Enroll in our courses to learn from the comfort of your home. Key takeaways: This article compares the MBA Healthcare Management and MBA Pharmaceutical Management programs and highlights the career opportunities available in both fields. The online MBA courses offered by Manipal Academy of Higher Education provide a flexible and comprehensive education to prepare students for successful careers in these industries.
Education for all: The advantages of making education more accessible Education is necessary for all of us. Everyone, if given the chance, would want to be educated and secure a stable life for themselves in the 21st century. We can work towards creating an equal society through quality education. Education should be free because everyone, irrespective of their financial background, would be able to improve themselves and collectively work towards bettering society. It helps us learn discipline, persistence, and tolerance, and makes navigating life in our complex world easier. Literacy rate of Women and Men in India According to the National Family Health Survey – 5 (2019-2021) report, 83% of women and 89% of men in urban areas are literate, and 65.9% of women and 81.5% of men in rural areas are literate, bringing the total to 71.5% of literate women and 84.4% of literate men. The low rate of literacy among women can be attributed to many social, economic, and cultural factors. In fact, only 41% of women in India have 10 or more years of schooling, compared to the 50.2% of men. Importance of female education The benefits of female education are felt not only by the recipient but also by the public – a more productive workforce, lower infant mortality, and more. However, the cost of education, including tuition fees, school supplies, and the loss of income from child labour, is borne by the family. Due to the aforementioned private costs that must be incurred, several families choose to disinvest in female education, which not only robs girls of their freedom and quality of life, but also hinders and slows down the rate of growth and development of the country. The same survey also reports that only 13.6% (18.1% urban and 12% rural) children aged five attended primary school in 2019-2020, an alarmingly low number that has only increased due to the COVID-19 pandemic. In India, due to financial difficulties, several children do not attend school. They are instead required to work in restaurants, dhabas, tea stalls, sell wares on the roadside, or perform menial labour to support their families. In fact, there are thousands of children who matriculate but are unable to pursue higher education due to financial constraints. I believe that the government should intervene and provide subsidised or free education to financially burdened but academically capable students. How does better literacy rate aids in a nation’s development? Countries that have a high percentage of degree holders seem to be able to develop faster and resolve their issues peaceably. The benefits of education are endless. It aids personal development, which in turn contributes towards the growth of the country and drives positive change. Online education is making it easier for people to pursue their higher education by removing some of the obstacles, like travelling to a different city to attend a reputable university, having to dedicate oneself completely to education and being unable to work to support oneself or their family, expensive tuition fees, purchasing study material, and more. Online education makes pursuing a degree accessible and its reach is not limited by the bounds of a city. A learner with the dream of securing their future by earning a degree can enrol in the programme wherever they are – be it a city, village, or town in any corner of the world. In the words of Union Education Minister Dharmendra Pradhan, “Literacy is the key to lifelong education and a powerful tool against poverty.” Quality education should be free or available at subsidised rates to all. This practice will help countries prosper, develop, and evolve with a well-educated workforce.
MBA in Supply Chain Management vs PGCP in Logistics & SCM A wealth of resources is available to those interested in advancing their supply chain management and logistics careers. MBA and PGCP degrees in supply chain management (SCM) and logistics and SCM are two common paths into this field. There are substantial differences between the two programs regarding course format, duration, and career possibilities, although they focus on the same domain. This blog post will compare and contrast the Master of Business Administration (MBA) in Supply Chain Management (SCM) and the Postgraduate Certificate in Logistics and Supply Chain Management (PGCP) (MBA vs. PGCP in SCM) to help you decide which degree is the best for you. MBA in SCM vs. PGCP in Logistics & SCM: An overview Here’s a comparison of the key differences between an MBA in Supply Chain Management and a PGCP in Logistics & SCM: ParametersMBA in SCMPGCP in Logistics & SCMDuration2 years6-12 monthsEligibilityBachelor’s degreeBachelor’s degreeKey subjectsStrategic SCM, Operations Management, Procurement, Logistics, International BusinessSupply Chain Operations, Inventory Management, Transportation, Warehousing, E-commerceCareer prospectsSenior Management roles in SCM, Operations, Consulting, Manufacturing, RetailMiddle Management roles in Logistics, Warehousing, Inventory Management, E-commerce, Supply Chain AnalyticsAdmission processCompetitiveModerate What is an MBA in SCM? An MBA in Supply Chain Management teaches students how to coordinate the production, distribution, and consumption of goods and services from start to finish. Strategic planning, supply chain management, and transportation and distribution are this course’s main areas of study. Students will learn to assess supply chain performance, create improvement plans, and mitigate risks. Operations management, international business, project management, and supply chain analytics are just a few topics covered. An MBA in Supply Chain Management can open doors to senior management positions in various industries, including retail, manufacturing, consulting, and logistics. Eligibility to enroll in MBA in SCM The following are the prerequisites for enrolling in an MBA in Supply Chain Management program: A bachelor’s degree with a minimum 50-60% score, depending on the university or institution. Certain colleges may also require a valid entrance exam score, such as the GMAT, CAT, XAT, MAT, or CMAT. Some institutions may prefer 1-2 years of work experience, which is not a prerequisite for most colleges. English proficiency is necessary, and some colleges may require a legitimate result on an English proficiency test such as the TOEFL or IELTS. Key subjects covered in MBA SCM The curriculum is designed to provide students with a comprehensive understanding of supply chain operations and strategic planning and optimization skills. The program covers the following subjects: Supply Chain Management Outsourcing Food Supply Chain Management Inventory Management Global Logistics and Supply Chain Management Category Management in Purchasing Purchasing and Contracting for Projects Supply Chain Cost Management Learn more about the syllabus of MBA in Supply Chain Management Career opportunities after MBA in SCM Here are some typical supply chain MBA job opportunities for graduates, along with their expected salaries: Roles Expected salarySupply Chain ManagerBetween INR 10 and 15 lakhs per yearLogistics ManagerBetween INR 6 and 12 lakhs per yearOperations ManagerBetween INR 7 and 15 lakhs per yearConsultantBetween INR 7 and 15 lakhs per yearProcurement ManagerBetween INR 7 and 12 lakhs per year What is PGCP in Logistics & Supply Chain Management? This program is designed to give students a deeper understanding of the logistics and supply chain management industry. Supply chain analytics, distribution and logistics, transportation management, inventory control, and distribution are just a few subjects covered in the course. Professionals who wish to upskill or increase their knowledge in logistics and supply chain management may benefit from this program, which takes less time than an MBA in Supply Chain Management. You may be interested to understand the benefits of earning a certificate in supply chain management. Eligibility to enroll in PGCP in L&SCM The eligibility criteria for PGCP in Logistics & Supply Chain Management may vary depending on the institute. However, there are some basic requirements as follows: A bachelor’s degree from a recognized university Work experience is desirable Proficiency in the English language Key subjects covered in PGCP in L & SCM The curriculum of PGCP in Logistics & Supply Chain Management covers a wide range of subjects, including: Supply Chain Management Logistics and Transportation Management Inventory Management Procurement and Sourcing Distribution and Warehousing International Trade and Logistics Supply Chain Analytics E-commerce and Supply Chain Career opportunities after PGCP in L&SCM Graduates can find various career prospects after PGCP in Logistics and Supply Chain Management. RoleExpected salaryLogistics Coordinator Roughly INR 3-6 lakhs per yearWarehouse ManagerRoughly INR 4-8 lakhs per yearSupply Chain AnalystRoughly INR 4-7 lakhs per year MBA SCM vs. PGCP L&SCM: Which is better? Anyone interested in a logistics and supply chain management career would benefit from either a Master of Business Administration (MBA) in Supply Chain Management or a Postgraduate Certificate in Logistics and Supply Chain Management (PGCP). Nonetheless, your finances, job aspirations, and personal goals should be considered when deciding between the two. An MBA in SCM is a more in-depth and all-encompassing education beyond supply chain management. It’s ideal for ambitious individuals who wish to advance their business knowledge and obtain experience in management positions. This MBA in SCM program typically lasts 2 years and costs INR 1.5 to 25 lakhs. In contrast, the PGCP program is a condensed and topic-specific version of the original. It’s a good fit for professionals who wish to advance their careers into middle management but lack extensive experience in the industry. It’s good for those who do not want to put in much time and money but still gain important skills. This program typically lasts 6 months and 1 year, costing anywhere from INR 1 to 5 lakhs. Conclusion In conclusion, students interested in a logistics and supply chain management job have two excellent educational options: an MBA in Supply Chain Management or a Postgraduate Certificate in Logistics and Supply Chain Management. PGCP in Logistics & Supply Chain Management is a one-year certificate program, while an MBA in Supply Chain Management from Manipal University Jaipur covers a broader range of business-related topics. Both programs offered by two universities are available at Online Manipal. Manipal Academy of Higher Education’s postgraduate logistics and supply chain management courses are designed to give students an advanced theoretical and practical understanding of logistics and supply chain management. Our degrees are developed to give students the tools they need to become successful logistics and supply chain managers. Enroll today! Key takeaways: This blog compares and contrasts the MBA in Supply Chain Management and PGCP in Logistics & Supply Chain Management programs. We overview each program’s eligibility criteria, key subjects, and career prospects. The blog discusses the salary range for popular job roles after completing these programs in India.
Common questions around MBA in healthcare management Healthcare is one of the world’s most populous and rapidly expanding markets. Healthcare management differs from other fields due to its dynamic and essential nature. Here’s when a master’s degree in healthcare management comes in handy. Graduate students who pursue a Master of Business Administration (MBA) in Healthcare Management take both general MBA courses and electives focused on healthcare domain. It teaches students the fundamentals of healthcare management and leadership. MBA programs in healthcare management are becoming increasingly popular as the need for qualified healthcare administrators and managers rises. However, the program’s complexity arises from numerous choices and inquiries. This blog post will discuss the benefits, qualifying requirements, and job prospects of an MBA in Healthcare Management. This blog will provide you with in-depth FAQs about MBA in Healthcare Management entails, whether you are an established healthcare worker trying to further your career or a newcomer considering a future in healthcare management. MBA Healthcare Management FAQs Why should I choose MBA in Healthcare Management? Students who earn a Master of Business Administration (MBA) in Healthcare Management get general business knowledge and industry-specific experience in the healthcare sector. In healthcare administration, there is a significant need for recent college graduates who possess skills such as inventory management, administration, finance management, and security control. What is the future scope of an MBA in Healthcare Management? It is projected that there will be an increase in the number of competent management professionals required in the healthcare sector as it continues to develop and expand. According to projections made by the Bureau of Labor Statistics, the demand for managers of medical and health services will skyrocket by an astounding 32% between now and 2029. Is MBA in Healthcare Management a good career? People interested in a career at the intersection of the business world and the healthcare industry are encouraged to get a Master of Business Administration in Healthcare Management degree. After graduation, students will find employment prospects in various healthcare organizations, from hospitals and clinics to insurance companies and pharmaceutical manufacturers. Which is better: an MBA in Healthcare Management or Hospital Management? Although the specialization of these degrees may vary, the advanced training in healthcare administration offered by schools is consistent for both. An MBA in Healthcare Management will familiarise you with several healthcare management principles. In contrast, an MBA in Hospital Management will hone in on the issues of managing medical facilities. It all boils down to your individual preferences and goals in the working world. Can anyone do an MBA in Healthcare Management? Although everyone interested in healthcare management might benefit from an MBA, most schools have specific requirements prospective students must meet. Applicants are expected to have a bachelor’s degree and relevant healthcare job experience (however, this criterion differs for each school). Some schools may additionally look beyond an applicant’s grades and test scores to evaluate qualities like leadership potential and communication abilities. Eligibility for programs can be determined by investigating their admissions requirements. MBA in Healthcare Management programs may be competitive due to limited seats available. Still, those who match the criteria and are accepted into the program can expect a rewarding, successful career in the healthcare industry. What are the subjects in MBA healthcare management? MBA Healthcare Management curriculums cover various business and healthcare-related courses. Courses in healthcare informatics, healthcare policy, healthcare ethics, and healthcare operations management are a few examples. Healthcare marketing, law, and leadership are potential future course additions. What are the MBA admission requirements for healthcare management programs? The admissions requirements for MBA programs in healthcare management might vary in schools but often consist of a bachelor’s degree, minimum CGPA score, minimum work experience in the healthcare industry, and scores on either the CAT or XAT. Essays, interviews, and letters of reference may also be requirements for admission to certain schools. Compared to similar programs other institutions provide, MAHE’s online MBA in Healthcare Management has an inexpensive pricing structure with scholarships to deserved students. Everything from course materials to online classroom access and help from seasoned professors is included in one price. The curriculum is highly recommended for anyone interested in a healthcare administration/management job. What does a typical healthcare MBA curriculum look like? The coursework for a standard MBA degree in healthcare covers various subjects connected to both business and healthcare, including healthcare economics, healthcare policy, healthcare operations management, healthcare finance, and healthcare ethics. Moreover, the curriculum could include elective healthcare marketing, law, and technology classes. The MBA program is divided into four semesters, each of which includes a variety of assignments such as case studies, group projects, and individual research papers. Healthcare MBA programs may also incorporate practical components such as internships, company visits, and guest lectures from healthcare industry leaders in addition to classroom study. Are there MBA scholarships and financial aid options available for healthcare management programs? Yes, MBA programs in healthcare management offer many scholarships and other financial assistance. Among these options are fellowships, scholarships awarded based on merit, and scholarships awarded based on financial need. In addition, many educational institutions provide students with various financial assistance options, such as grants, loans, and work-study programs. Research on these opportunities is essential to submit applications early in the admissions process. Conclusion In conclusion, an MBA in Healthcare Management is a highly sought-after degree program due to the unique combination of business and healthcare knowledge. Graduates with this degree will be prepared to assume leadership roles in healthcare organizations and manage complex healthcare systems. The MBA in Healthcare Management program at Manipal Academy of Higher Education (MAHE) is second to none, and it’s designed to give students a thorough grounding in all aspects of the healthcare industry. Our program is delivered by seasoned instructors and tailored to the needs of the business world. Scholarships, grants, and work-study programs are just some of the financial aid opportunities presented by MAHE. Enroll in our programs today to avail yourself of alumni benefits! Key takeaways: The blog post answers some of the most frequently asked questions about Healthcare MBA programs. It covers the merits of pursuing an MBA in Healthcare Management, the industry’s projected growth, and the standards for entry into relevant degree programs. The article also covers the finest MBA school for healthcare professionals.
Importance of Data Science & Analytics for managers Managers can’t rely on intuition alone to make important decisions in today’s data-driven environment. They must rely on data to gain valuable business insights and make well-informed choices. Data science and analytics are useful here. Using statistical analysis, machine learning, and data visualization, data science helps glean useful information from large amounts of raw data. Conversely, analytics is the study of data to draw conclusions and insights and make impactful decisions. The value of data science and analytics to managers will increase in 2023. Experts in data science and analytics are projected to be in high demand as organizations increasingly rely on data to inform their decisions. Grand View Research predicts that by 2026, the worldwide market for data analytics will have expanded to USD 132.9 billion, representing a compound annual growth rate (CAGR) of 25.8% between 2021 and 2026. This blog will discuss the importance of data science and analytics in 2023 and how managers may use smart techniques to expand their companies. Why should managers acquire data science and analytics skills? Big data trends for 2023 are changing exponentially, and managers across all sectors must develop expertise in data science and analytics for the following reasons: Better decision-making Management can benefit from the insights provided by data science and analytics, allowing them to make more educated data-driven decisions. Without the ability to evaluate massive amounts of data, managers have a harder time spotting trends and patterns. This can improve their skills and judgment, from research and development to advertising. Improved efficiency Managers gain insight into low-performing parts of the business and can take corrective action based on the data analysis findings. This can aid process optimization, leading to monetary savings and enhanced output. Competitive advantage Businesses that can use data science and analytics to their advantage have a leg up on the competition in numerous fields. Managers can anticipate changes and outperform rivals by letting predictive data inform their actions. Better risk management Management can benefit from data science and analytics by better anticipating and responding to risks and opportunities. They can use this information to take preventative measures and seize opportunities, resulting in more effective risk management. What are the key data and analytics skills every manager must possess? Managers need specific abilities to use data and analytics in their decision-making. Every manager needs to have the following abilities when it comes to data and analytics: Data analysis Managers who can effectively assess data are better equipped to make sound judgments. Working with data in various formats, including spreadsheets and databases, is essential. Data visualization Managers need to communicate complicated data in a way that is easy to grasp, and data visualization is a key talent for doing just that. Managers must be able to construct comprehensible and succinct visuals that aid in communicating vital information using the latest data visualization tools for managers. Business acumen An expert grasp of the business and industry is essential for managers to use data and analytics well. This involves familiarity with key performance indicators (KPIs) and how they relate to business targets. Communication Managers dealing with data and analytics should prioritize developing and maintaining strong lines of communication. Both technical and non-technical stakeholders will benefit from their ability to communicate and collaborate with data scientists and other technical workers. Problem-solving Managers need problem-solving skills, including using data and analytics to determine the best course of action. Skills in critical thinking, innovative problem solving, and the ability to see trends and patterns in data are all necessary here. Project management Strong project management abilities are necessary for overseeing data science and analytics initiatives. Managers need skills in resource management, financial planning, and project planning and execution. Learn more about must-have business analytics skills. How can managers learn data science & analytics? There are various ways for managers to acquire data science and analytics skills. Here are some options worth considering: Online MBA in Data Science The Online MBA in Data Science program at Manipal Academy of Higher Education (MAHE) focuses on the scientific and business sides of data science and analytics. Big data analytics, machine learning, data visualization, and warehousing are a few topics covered in the program. Students can also obtain experience in the real world by participating in meaningful projects. Online MBA in Business Analytics An online MBA in Business Analytics is also available from MAHE, with a focus on various areas such as data analysis, project management, leadership, and strategy. Data management and business intelligence, statistical analysis for business decisions, predictive modeling and forecasting, and digital marketing analytics are a few courses you can take as part of the curriculum. Online M.Sc in Data Science MAHE’s online Master of Science in Data Science degree program gives students a solid grounding in all data science and analytics fields. Data mining and warehousing, big data analytics, machine learning, and data visualization and storytelling are just a few of the courses you can take as part of this curriculum. Students learn by doing, gaining practical experience with data science tools and technology. M.Sc in Business Analytics The Master of Science in Business Analytics program at MAHE is renowned for its comprehensive coverage of data science and analytics from both a technical and business perspective. Classes on business analytics, data management, predictive modeling, marketing analytics, and consulting are all part of the curriculum. The program also emphasizes statistics and projects to fine-tune your understanding on business analytics. Postgraduate Certificate Programs (PGCP): Postgraduate Certificate Programs (PGCPs) in Business Analytics and Data Science & Machine Learning are available through MAHE and Manipal Institute of Technology (MIT). Short-term programs like these equip working adults with data science and analytics expertise. Data mining and warehousing, predictive modeling and forecasting, machine learning, and statistical analysis for business decisions are some topics covered in these programs. Conclusion In conclusion, data science and business analytics are must-haves for managers in any field in 2023. Managers who can evaluate and interpret the vast amounts of data at their disposal will have a leg up on the competition. To keep up with the ever-changing corporate landscape, managers must acquire data science and analytics knowledge. Self-study, formal education, and experiential learning are all viable options for managers interested in developing these proficiencies. Professionals can develop their careers in data science and analytics by enrolling in a program from a reputed and renowned institution like the Manipal Academy of Higher Education (MAHE). Enroll now to learn online! Key takeaways: The blog delves into why data science and analytics are so important for executives in 2023 and how their use expands across sectors. The blog details many important data and analytics skills every manager should have to make the most of data and obtain an edge in the marketplace.
Why is learning DBMS important in M.Sc in Data Science? Data science aims to gain an understanding of data by applying statistical and computational techniques to large datasets. With the explosion of available data today, businesses, organizations, and governments need data science to make informed decisions. Database Management Systems (DBMS) are crucial to the practice of data science due to their role in data collection, storage, retrieval, and analysis. This blog post will discuss why learning DBMS is important for M.Sc. in Data Science students who want to set themselves up for success. What is a Database Management System (DBMS)? A database management system (DBMS) is a centralized data storage system that many users and programs can access. Information management is the primary function of a database management system (DBMS). Users can efficiently and effectively perform data storage and retrieval in data science. Relational databases, object-oriented databases, hierarchical databases, and network databases are all examples of DBMS. The most used DBMS is the relational variant, which stores information in tabular format using rows and columns. It employs a common query language like SQL to access and modify information. Users must master SQL for data science to manipulate and analyze data effectively. In an object-oriented database management system, data is stored as “objects,” each with attributes and operations. Conversely, tree-like and graph-like structures are used to organize data in hierarchical and network database management systems. Top job roles in DBMS vertical With the increasing amount of data generated and collected, the demand for professionals with expertise in DBMS has grown significantly. Here are some of the top job roles in the DBMS vertical: Data Scientist Database management for data scientists is essential for mining large datasets for actionable insights using cutting-edge statistics and machine learning methods. Data scientists create data-driven solutions to business issues by creating prediction models and mining data. These experts should be fluent in Python or R and have experience with statistical analysis and data visualization. Database Administrator (DBA) A DBA’s job is to ensure that databases are set up, configured, maintained, and running at peak efficiency. They monitor the system’s health and performance and deal with related problems. Data administrators should be fluent in SQL and fully grasp database design and modeling. Database Developer Database developers plan, create, and maintain databases for organizations. They create and manage database applications, create queries, and enhance database functionality. Database developers require SQL, Java, or Python knowledge and design and development skills. Data Analyst Data analysts examine and make sense of information to help businesses make better decisions. They gather information from many resources, clean it, and load it into a database before analyzing it for patterns and trends. Knowledge of SQL, data modeling, data analytics, and statistics are all essential skills for data analysts. Data Architect Data architects are responsible for creating and implementing data models that serve businesses with data accuracy, security, and consistency. They consult relevant parties to ascertain business needs and create appropriate database solutions. Professional data architects should be well-versed in all aspects of data, including modeling, design, and management. Why should data science professionals learn DBMS? Why use DBMS?Reduced Application Development Timing Data IndependenceRecovery from Crashes Data Security Uniform Data Administration Since DBMS is a cornerstone of data management, mastering it is required for every data science career. Here are some of the DBMS applications in the data science industry: Data Organization DBMS enables users to organize data systematically and efficiently to facilitate retrieval and manipulation. This is crucial for processing time-sensitive huge datasets. For a data scientist working on a project that requires evaluating consumer data, a DBMS can store and manage the data, making it more accessible and easier to analyze. Data Security Database management systems ensure the safety of user information by preventing its disclosure or modification by unauthorized parties. This is especially important for private information like bank account details or driver’s license numbers. For instance, if a data scientist is tasked with evaluating healthcare data for a project, they must ensure that the data is protected and per Health Insurance Portability and Accountability Act (HIPAA) standards. Data Integration Database management systems facilitate aggregating information from various sources for analysis and insights. A data scientist can use a DBMS to combine POS, CRM, and website analytics information to better understand customer behavior. Scalability Database management systems (DBMS) have the flexibility to scale to accommodate increasing data volumes. This is crucial for businesses that produce a lot of data or small businesses aiming to expand operations. For instance, a data scientist for a social networking platform must employ DBMS to handle massive amounts of user-generated data. Is an M.Sc in Data Science right for learning DBMS? An M.Sc Data Science is a great option for studying DBMS because it provides in-depth instruction. Data modeling, normalization, and querying are generally covered in an M.Sc in Data Science program. Popular database management systems (DBMS) that they learn to utilize include MySQL, Oracle, and Microsoft SQL Server. Students also gain knowledge about data security and performance optimization within DBMS. In addition, data warehousing, big data management, and NoSQL databases are also covered in M.Sc in the Data Science curriculum. Professionals in data science must be well-versed in these areas since they provide foundational knowledge of data management. Conclusion In conclusion, mastering DBMS is essential for any data scientist, and completing a Master of Science (M.Sc) in Data Science is a great way to do so. The M.Sc in Data Science program at Manipal Academy of Higher Education (MAHE) provides students with the expertise they need to handle and modify data timely and accurate. Graduates of MAHE’s Master of Science in Data Science degree can find work in various DBMS-related fields, such as administration, development, and analysis. They are also prepared to deal with data management and manipulation difficulties in the modern, data-driven environment. Enroll in our courses today! Key takeaways: This blog focuses on the significance of learning Database Management Systems (DBMS) in the M.Sc in Data Science program. There is a striking correlation between DBMS and data science. This blog discusses the top job roles that combine the skills of both niches.
