Unlocking success: Our learners share their journey with Manipal Academy of Higher Education!

With immense possibilities come unlimited confusions. And this can become immense problem especially when you are deciding your entire future based on the same. So, what’s the best way to decide on the best course of action? The answer would be to find more people who have already made their choices and been through the drill!

This strategy holds good even while choosing an online degree. Not having an advanced degree is often one of the biggest drawbacks of professionals who are looking at moving ahead in their career. Obtaining the same online, will not only help them save time and money but also provide them with the necessary career push. Here is the story of three such learners in their own words.

Quick read: Who should do an MSc in Business Analytics?

Thakur Simran Sunil – A smooth career transition

Thakur Simran Sunil, a driven learner with a background in aeronautical engineering, found herself yearning for a career change. With a desire to shift to the field of business analytics, she discovered MSc program to be the perfect pathway for her transition. The program’s modern curriculum, live classes, and mentorship opportunities have played a pivotal role in her educational journey.

” Studying online MSc in Business Analytics is aiding my career transition from aeronautical engineering to full-time business analytics. The modern curriculum, live classes, and mentorship provided have been instrumental in enhancing my knowledge,” says Thakur Simran.

The combination of up-to-date course content, interactive live classes, and expert guidance from mentors has not only deepened her understanding of business analytics but also empowered her to navigate the transition from aeronautical engineering to full-time business analytics.

Karthika Nair – Practical experience and building connections

Karthika Nair, a student of MSc MAHE (Master of Science in Business Analytics) from MAHE on Online Manipal, understands the importance of gaining practical experience and building connections in the business world. She values the program’s focus on providing hands-on learning opportunities that can be directly applied to real-world business problems.

“The coursework, graded quizzes, and assignments in the program provide hands-on experience, which can be applied to real-world business problems. The online MSc in business analytics program at Online Manipal has equipped me with the skills and knowledge required to make informed business decisions” says Karthika.

Additionally, the program’s emphasis on fostering a diverse and collaborative learning environment has allowed her to connect with students from different backgrounds. This exposure to diverse perspectives has broadened her horizons and enriched her learning experience.

For you: How to get into the business analytics industry?

Joel George – Expanding knowledge and gaining industry-relevant skills

Joel George, an experienced IT professional working as an Application Engineer, recognized the need to expand his knowledge in the field of business analytics and apply it to his current job role. It is a convenient learning platform has been a game-changer for him, enabling him to pursue his educational goals while balancing his professional responsibilities.

“Through this program, I hope to expand my knowledge in business analytics and apply it to my current job role. Learning from has enabled me to learn at my convenience and the free access to Coursera content has helped me gain industry-relevant skills” says Joel.

Well, we are quite elated to have assisted you in your career Joel. We are quiet thrilled about all your achievements.

MSc in Business Analytics from MAHE

Pursuing a Master of Science in Business Analytics (MS-BA) with MAHE offers numerous advantages and opportunities for aspiring professionals looking to excel in the dynamic field of data analytics and business intelligence. Here’s an elaborate breakdown of why choosing MAHE for an MSBA is a smart decision:

Comprehensive curriculum: MAHE’s program covers essential topics like data mining, predictive modeling, and machine learning.
Industry-relevant skills: Focus on real-world case studies and hands-on projects prepares students for practical applications.
Expert faculty: Experienced professors bring industry knowledge and mentorship to the classroom.
State-of-the-art infrastructure: Access to cutting-edge technology and resources enhances learning.
Networking opportunities: Numerous events facilitate connections with industry professionals and alumni.
Internship and placement support: Strong ties with industry partners ensure valuable hands-on experience and job placements.
Flexibility and convenience: Online learning options cater to busy schedules and working professionals.

Navigating placement drives: Tips to stand out and secure your dream job

In today’s job market, landing your dream career can be a challenging and often overwhelming endeavor. However, having an effective strategy and approach in place can assist in directing your search since there are numerous possibilities and choices to explore. With the employment market becoming more competitive, the important role of placement drives cannot be stated enough. It is crucial nowadays for educational facilities to equip their students with the knowledge and opportunities needed to land their dream jobs in different sectors. This guide provides tips to help students focus and stand out as they get ready for their placement drive.

Also read: The impact of placement training on employability skills

Role of placement drives in helping you land your dream job

Placement drives are essential in assisting students to find the career of their dreams. These planned recruitment events provide a venue for bringing together job seekers and potential employers, providing chances for interaction, suitability assessment, and hiring process facilitation. Additionally, placement drives expose students to a variety of businesses and industries, offering valuable insight into various career paths, business trends, and hiring needs. In a nutshell, placement drives assist individuals in finding their ideal profession by serving as an essential liaison between job applicants and business entities.

Also read: Are you industry-ready? How placement training can help you stand out

Tips for standing out in placement drives and landing your dream job

Although navigating placement drives might be challenging, with the right strategy, you can edge out of the competition and land your dream job. Your talents, abilities, and perspective fit for an opening or firm will be evaluated during these drives. Being well-prepared and leaving a positive impression on recruiters are essential to improving your chances of success. To get noticed and secure your desired job during placement drives, consider the following tips:

Research and prepare:

Do some preliminary research on the businesses taking part in the placement drive. Learn more about the organization’s mission, beliefs, culture, and the specific position you are keen on. You can align your knowledge and abilities to the specifications of the organization using this information. Prepare responses to frequently asked interview questions and get practice outlining your accomplishments, strengths, and career objectives.

Customize your resume:

Customize your resume for each company you’re applying to. Emphasize your relevant experience, projects, internships, and academic achievements. When feasible, quantify your accomplishments and use action verbs. Make sure your CV is well-organized, error-free, and visually appealing. A well-crafted CV can grab hiring managers’ attention and improve your likelihood of being shortlisted.

Create a professional online presence:

A professional online identity has become essential in the current digital era. Revisit your LinkedIn account to highlight your credentials, professional history, and recommendations. Your social media accounts must be cleaned up, and any offensive material that can damage your reputation in the workplace should be deleted. Considering how frequently recruiters use the web to find candidates, you gotta make sure that your web presence displays your passion and professionalism.

Improve networking skills:

Leverage your network to discover more about the companies taking part in the placement drives. Attend business conferences, alumni gatherings, and employment fairs to increase your professional network. Engaging with experts in your subject of interest might lead to helpful guidance and potential job prospects. Additionally, networking indicates that you are proactive and truly intrigued by the profession.

Prepare for interviews:

Practice mock interviews to hone your interview techniques, boost your confidence, and pinpoint your areas for improvement. Be mindful of your tone of voice, body language, and the preciseness of your responses. Prepare succinct, thoughtful responses that highlight your abilities, experiences, and accomplishments. To organize your responses and highlight your problem-solving skills and results, utilize the STAR (Situation, Task, Action, Result) method. Additionally, ask individuals who execute mock interviews for feedback to gain useful insights and make the needed changes.

Professional etiquette:

Display professionalism and etiquette whether in-person interviews, video conversations, or networking events. Dress appropriately for the placement drives, following the company’s dress code or choosing formal clothing if one is not stated. The way you present yourself should reflect your sincerity and professional expertise. Employers can see you more favorably if you are well-groomed and presented appropriately.

Effective communication:

Employers place a premium on strong communication abilities. Listen attentively, and respond thoughtfully, along with being mindful of your language, vocabulary, and tone as you articulate your experiences and thoughts clearly. Effective communication indicates your ability for teamwork, idea expression, and relationship building—skills crucial in any workplace.

Showcase relevant skills:

Emphasize the skills that have the closest ties to the position that you are targeting. If you have technical knowledge, give specific instances of projects or accomplishments that show off your ability. Display transferable skills like problem-solving, management, collaboration, and adaptability since employers highly value these traits.

Demonstrate enthusiasm and passion:

Express your genuine curiosity in the field, the organization, and the particular position you’re applying for. Give a few instances of how you have followed your passions beyond your education, like extracurricular activities or independent endeavors. Enthusiasm and passion can help you stand out from the competition and showcase your commitment to the industry.

Ask thoughtful questions:

If given the opportunity, ask insightful queries regarding the firm, its culture, the people you’ll be interacting with, and potential areas for future growth after an interview. This indicates your sincere interest in the job and enables you to learn crucial details to determine whether the organization is a good fit for you. Asking inquiries that can be quickly answered by searching the company’s website is best avoided because it can appear that you haven’t done your homework.

Continuous learning:

Candidates with an insatiable desire for knowledge and an ongoing commitment to personal development are appreciated by employers. Put a focus on how open you are to expanding your knowledge and your career. The certificates, workshops, and supplementary courses you have taken to develop your abilities must be highlighted. This implies that you take an active approach to developing both personally and professionally.

Also read: Top qualities employers look for in candidates during placement interviews

Watch this video to find out how to improve your employability quotient

Virtual placement drives offered by Online Manipal help students land their dream careers

Renowned institutions like Manipal University Jaipur and Manipal Academy of Higher Education now offer a range of advanced online courses through Online Manipal. Online Manipal provides placement assistance services for all students to help them land their dream jobs. Virtual placement drives are offered to connect job-ready learners to reputed organizations. Regular job postings helps learners be aware of the companies that are participating the drive so they can make an informed decision in choosing the right job nad company.

Also read: Importance of career readiness in online education: How placement drives can help

Conclusion

It is important to note that success in placement drives demands effort, planning, and perseverance. Stay upbeat, take insights from each occurrence, and alter your strategy in response to feedback to land your dream job. Regardless of how an interaction turns out, it always presents an opportunity to grow and improve. You can distinguish yourself from the competition and improve your chances of landing your ideal job with a refined and competent attitude.

Also read: The role of career guidance in helping students achieve their professional goals

Developing in-demand skills: A roadmap to enhancing employability

In today’s cutthroat job market, it is crucial for individuals to consistently adapt and upgrade their skill set to stay relevant and maximize their employability. Employers are looking for employees with a particular set of abilities that aligns with their corporate goals amid technological improvements and evolving market standards. Emphasizing the most sought-after skills can ensure that employees’ skill sets remain relevant and that employers have access to the expertise needed to meet their constantly changing demands.

Employers are currently looking for employees with specific skills owing to their marketability and potential. These skills are typically according to current trends, market demands, and technological developments. Individuals can invest their effort and time to acquire or bolster skill sets that are highly sought after by staying up-to-date on industry trends, making them more compelling to future employers. Individuals have to first pinpoint the in-demand talents of their field or industry to embark on the path towards augmenting employability.

Also read: The role of placement support services in bridging the job readiness gap

Importance of continuous learning in today’s competitive job market

A dedication to lifelong learning is required to gain in-demand skills that can help you stay relevant in the changing job market. It is vital to keep up with the most recent trends and developments as industries evolve and technology advances. Continuous learning via online classes, workshops, certifications, seminars, or the pursuit of higher education not only exemplifies a proactive commitment to personal improvement but also enables individuals to acquire novel skills that are highly prized by employers.

Also read: How online learning bridges the skills gap and improves placement outcomes

How online learning can help develop in-demand skills

Online learning platforms have surged substantially in prominence in recent years and now offer an extensive array of courses and credentials in numerous disciplines. The ability to master in-demand skills at one’s own pace and convenience is now possible with these portals. These platforms deliver courses designed by business experts, ensuring outstanding learning experiences that comply with the standards of the market nowadays.

Online Manipal is one such online learning platform where top-notch universities like Manipal University Jaipur and Manipal Academy of Higher Education offer advanced online courses. These courses help students develop in-demand skills in their preferred sector and stand out from the competition.

Also read: The impact of placement training on employability skills

In-demand skills in today’s job market and how to develop these skills

Several in-demand skills in today’s competitive labor market can significantly improve your job prospects and present you with a wide range of opportunities. Here, we’ll list some of the skills that employers are looking for and offer a roadmap to develop them.

Digital literacy and tech savviness:

Employers today place a high value on personnel possessing a solid grasp of contemporary technologies and are skilled at applying digital tools. Consider the following to acquire digital literacy:

Learn about the widely used platforms and software applications in your sector.
Enroll in online courses or tutorials to hone your command of digital tools and emerging technologies.
Stay up to date on modern technological developments by perusing industry periodicals and attending pertinent webinars or conferences.

Data literacy and analytics:

Having a firm grasp of data analysis and interpretation has grown increasingly vital with the advent of data-driven decision-making. The following points can be considered to develop data literacy:

Get acquainted with fundamental statistical theories and methods.
Enroll in online training programs for statistical programming languages, data analysis, or visualization.
Look for chances to use data in your current position or accept initiatives that involve it to gain practical experience.

Critical thinking and problem-solving:

Employers value candidates who are capable of analyzing complex situations, thinking strategically, and proposing innovative remedies. To refine these abilities, practice the following:

Take part in puzzles, riddles, or strategy games that call for analysis and decision-making.
Look for challenging tasks or projects at work that enable you to exercise your critical thinking skills.
Enroll in online classes or workshops that emphasize critical thinking activities and problem-solving strategies.

Communication and interpersonal skills:

In today’s collaborative work contexts, solid interpersonal skills and communication are essential. To improve these abilities, follow the points provided below:

Practice articulating your thoughts succinctly and engage in active listening.
Get involved in collaborative tasks or team projects to hone your abilities in cooperation and teamwork.
Seek input from mentors or peers to pinpoint your communication style’s deficiencies and then focus on improving it.

Adaptability and flexibility:

In today’s rapidly transforming job environment, one’s ability to adapt to ever-shifting surroundings and embrace fresh challenges is highly sought after. To enhance flexibility and adaptability, consider the following:

Accept change and look for chances to venture outside your comfort zone.
Take on diverse assignments or initiatives which necessitate you to develop fresh skills or function across multiple settings.
Nurture a growth mindset by staying receptive to fresh perspectives and consistently seeking out novel experiences.

Watch this video to find out how to enhance your employability quotient

Industry readiness programs offered by Online Manipal help students develop in-demand skills

Online Manipal provides comprehensive career and placement assistance services that help students prepare for the competitive job market. The various industry readiness programs offered by Online Manipal equip students with in-demand skills that are relevant in the ever-changing job market. Industry readiness programs are conducted in the form of webinars and career counseling by industry experts.

These industry readiness programs help learners hone key skills that help them become future-ready professionals. These help learners acquire and upgrade key skills like communication, critical thinking and problem-solving, leadership, professionalism, teamwork and collaboration, and technology. Besides receiving quality education and placement assistance, students who enroll for online courses on Online Manipal can avail scholarships, easy financing options, free access to Coursera, and several other benefits.

Also read: Are you industry-ready? How placement training can help you stand out

Conclusion

Investing in one’s professional and personal growth is of the utmost importance nowadays. Individuals can stay abreast of the curve, exhibit their commitment to career advancement, and distinguish themselves from competitors by diligently searching for opportunities to gain in-demand skills. Cultivating in-demand skills acts as a road map to enhance employability by aligning individuals with the shifting requirements of the job sector, increasing their chances of landing desired job prospects, and positioning them as valuable assets to organizations.

Also read: The role of career guidance in helping students achieve their professional goals

How to become a business analyst in 2023?

In the dynamic world of business, roles that bridge the gap between raw data and strategic decision-making are rapidly gaining importance. One such role that stands out is the business analyst, a professional who translates data into actionable insights, helping to steer the course of an organization. If you’re intrigued by the prospect of becoming a business analyst and playing a pivotal part in shaping business strategy, then you’ve landed at the right spot.

Who is a business analyst?

A business analyst is an expert who utilizes data to evaluate a company’s procedures, systems, and operations, pinpointing areas ripe for enhancement. Their critical role involves steering businesses towards the optimization of processes, product offerings, services, and software, all achieved through meticulous data analysis. They collect, analyze, and interpret data to understand trends, patterns, and business insights. In many cases, business analysts are also involved in project management, helping to plan and execute projects, and ensuring they meet the business objectives and requirements. In simple words, business analysts analyze data to make informed decisions that ensure that organizational goals are met.

How to become a business analyst?

To become a successful business analyst, you will need a relevant degree and the right knowledge and skills.

Pursue a master’s degree in business analytics

Most employers prefer candidates with a master’s degree in business analytics rather than a bachelor’s on their resume, since a bachelor’s degree will not help you gain the necessary knowledge and skills. To achieve a higher position in business analytics jobs in India, you should pursue a master’s in business analytics that could help you advance your sought-after, transferable skills and knowledge in business analytics.

Get certification in business analytics

Even after gaining a master’s in business analytics, you might want to add value to your education through online courses. Reviving the skills a business analyst expects by acquiring a certification course in business analytics is the best way to learn business analytics. It will help you to gain a holistic understanding of the profession and expand your skills, making you more competitive in the field of business analysis, where employers are actively hiring candidates with strong analytical skills and business expertise.

Work on projects to improve your practical data analytics skills

Whether you are a fresher planning to do an internship or an experienced individual who wants to enhance your skills, make sure to look for opportunities to work on projects. It will ultimately improve your practical data analytics skills and bring you one step ahead in your business analyst career.

Develop visualization and presentation skills

While expanding your knowledge of the profession and building skills are crucial, developing your visualization and presentation skills is equally important. Taking part in industry events, conferences, workshops, forums, and other events in the relevant sectors will provide you with exciting opportunities and aid in career development. With the rich resources and experience in visualization tools like Power BI and Tableau, you can land your dream job.

Apply for relevant business analyst positions

After completing your certification or graduation course and honing your skills, you can now start applying for relevant positions. As a beginner, starting as an entry-level business analyst role demands little to no experience and guides you on how to start a career in analytics and build a prosperous professional path.

Responsibilities of a business analyst

Evaluating business processes, predicting, designing, and employing the solutions
Staying ahead on the latest technologies to automate the business processes and enhance efficiencies
Budgeting and forecasting
Communicating feedback to other team members and management
Planning and monitoring projects, in correspondence with regular requirements
Conducting detailed marketing research and competitive analysis
Managing competing resources and leading teams
Persuading internal and external stakeholders on the benefits of new strategies or technology.

Why you should become a business analyst

In-demand domain

As businesses increasingly rely on data to drive decisions, the demand for skilled business analysts is soaring. Companies across industries recognize the value of using data to improve their operations, making this a profession with strong job prospects.

High salary

Business analytics is a field that tends to offer competitive compensation, reflecting the high demand and the specialized skills required.

Cross-industry opportunities

Business analytics isn’t limited to a specific industry. Whether it’s healthcare, finance, technology, retail, or others, all sectors need professionals who can interpret data and use it to drive business strategy.

Professional growth

A career in business analytics can provide excellent opportunities for professional growth. The experience you gain can lead to higher-level positions, such as senior business analyst, analytics manager, or director of analytics.

Impact

Business analysts can have a significant impact on a company’s success. They help to guide strategy and improve operations, which can lead to increased efficiency, better customer service, and higher profits.

Salary of business analysts

The salary range of Business Analysts depends on the individuals’ experience level, the organization’s location, and the industry type. In general, Business Analysts in the financial and technical fields earn more compensation than in the other fields.

The average salary for a business analyst in India is INR 8.5 LPA. However, your salary will depend on various factors like master’s degree, technical knowledge, relevant skills, and the company you work for. You can also explore business analyst jobs abroad. In the US, the average salary for a business analyst is USD 94,425 per annum.

Business analyst salary in Bangalore

Data suggests that the average salary of a business analyst in Bangalore is INR 10.5 LPA. Here are some of the top companies in Bangalore hiring business analysts.

Accenture
Amazon
Deloitte
Citi

Is an MBA useful for business analysts?

An MBA in business analytics updates professionals with the latest tools and skills required in the field. Business analytics and big data are high-growth areas but also possess cut-throat competition. A master’s degree can help you achieve an edge over your competitors, whatever industry you are in.

It cultivates one;s knowledge in various fields, such as social media analytics, database management, data mining in business analytics, market data science, etc. It simplifies the decision-making process and improves its quality and efficiency.

How does an MBA help boost the career of business analysts?

Ability to gain business insights

Business insights are vital for a firm’s smooth function, improvement, and constant upgradation of firm and processes. An MBA for business analysts enhances necessary skills which help professionals acquire essential business insights. This helps the firms better understand their customers, products/service, and workflow.

Enhanced knowledge

An MBA helps business analysts enhance their knowledge in data analysis, qualitative analyst, predictive modeling, market research analyst, business intelligence expert, and more.

Skill enhancement

An MBA degree focuses on furnishing a professional’s analytical and other skills, such as leadership, problem-solving, decision-making, etc. They are taught using real-life scenarios to understand how they should act and perform under different circumstances.

Domain expertise

A lot of technical skills revolving around domain expertise are also taught to MBA students. These include data programming techniques, statistical and mathematical tools, linear programming, etc. They can choose from three analytical domains: descriptive, predictive, and prescriptive.

Management skills

Managerial roles demand that candidates possess management skills, as they might get a job as a leader or a manager in an organization. Therefore, MBA focuses on the management skills of individuals to help them prepare for the upcoming challenges in higher roles.

Higher pay scale

MBA adds value to your career. Along with the enhanced skillset and the heightened role, it also helps you land a higher pay scale.

Role of business analyst in the education sector

Business analytics plays a significant role in the education sector by providing insights that can help improve the quality and effectiveness of education. It aids in data-driven decision-making, enabling educational institutions to enhance various aspects of their operations.

How can business analysts pivot in the education sector?

Business analysts can be pivotal in addressing the education sector’s challenges. They can use their expertise and job responsibilities in data analysis, process development, and strategic planning to assist educational institutions in becoming more efficient, effective, and responsive to the demands of their stakeholders. Business analysts in the education sector can pivot in the following ways:

Data analytics

Business analysts can assist educational institutions in leveraging data to make data-driven decisions. They can analyze data on student performance, teacher effectiveness, and operational efficiency to determine areas of enhancement and devise strategies to address these areas. For example, a business analyst might use data to determine the most successful teaching strategies and recommend modifications to the curriculum or instructional methods.

Process improvement

Business analysts can assist educational institutions in streamlining their processes and workflows to become more effective and efficient. For example, a business analyst could examine the lengthy and confusing student enrollment process and suggest modifications to make it more streamlined and user-friendly.

Stakeholders’ resistance to behavioral change can be overcome with the help of business analysts. They can assist in communicating to all stakeholders the benefits of the process improvement. In addition, it can assist in identifying resource deficits by prioritizing the use of available resources and finding opportunities to leverage technology to optimize processes.

Strategy formulation

Business analysts can assist educational institutions in developing strategic plans that are consistent with their mission and objectives. They can collaborate with stakeholders to determine priorities, create strategies, and establish measurable objectives. To accomplish this, business analysts can employ various data analysis techniques to gain insight into the preferences and requirements of students, instructors, and other stakeholders.

They can also perform market research to identify new growth and innovation opportunities. A business analyst could, for instance, assist a school district in developing a strategic plan that focuses on enhancing student achievement, parent engagement, and teacher effectiveness. They can do so by collecting data and conducting an analysis of the current status of the education sector, identifying the voids, and evaluating the district’s strengths and weaknesses.

Frequently asked questions

How do I get a job in business analytics with no experience?

You should develop domain knowledge if you don’t have experience or want to move from a different career to a business analyst role. You can enroll in an online business analytics certification course and get involved in the project work to become an expert in the field.

Can I learn business analytics on my own?

Yes, you can learn the basics of business analytics on your own. It involves a certain amount of hard work and adequate course materials. Suppose you are from a different domain or a working professional. In that case, it will be best to enroll in relevant online degree or certification courses that will help you to learn at your own pace, anytime and anywhere.

Does business analytics need math and Python?

Yes, but business analytics doesn’t involve the in-depth implementation of concepts in math and Python. Considering the primary language for the profession is numbers, math is a building stone for the career. Hence it is expected to have expertise in fundamental concepts, including correlation, causation, and test hypothesis.

What are the subjects needed to learn in business analytics?

In general, business analytics combines the field of business, management, and computer science. The important subjects that need to be learned in business analytics are finance, business analytics, account management, business management, human resource management, sales, and marketing.

Who can study business analytics?

Any interested candidate can pursue a career in business analytics. However, if they are not from a relevant academic background, including Science or Commerce, it will help them to explore math and statistics at a higher level.

Is coding required for a business analyst?

Coding is not necessarily required to work as an analytics professional. Even though business analysts deal with IT processes, the ability to write coding will help advance their career to new heights.

Can a fresher become a business analyst?

Yes, there are various business analytics jobs for freshers. They can make their way towards a career as business analysts in entry-level positions. However, they need to complete relevant online certification courses from reputed institutions to acquire great knowledge and industry experience.

Conclusion

Embarking on a career as a business analyst promises an exciting journey in a field that blends data, technology, and business, offering both intellectual challenges and gratifying rewards. With the demand for business analysts steadily on the rise across industries, there has never been a better time to join this dynamic profession.

Business Analyst Career Path After an MBA

What is Business Analytics?

Business analytics is a growing field in today’s era representing the amalgamation of statistics and computer science. It gathers all the business data, statistical models, and methodologies for business insights. Business analytics combines processes, skills, and technologies based on data-driven solutions to achieve company goals. It uses vast historical data to deliver insights for the progress of business. Companies leverage business analytics tools and data to create new processes and solve anticipated risks or challenges, boosting revenues and efficiency.

Business analytics is indispensable for organizations who are seeking a competitive edge in the modern data-driven business environment. By leveraging data and analytics, companies thrive in making informed decisions, optimizing business processes, and improving overall performance. An MBA in Business Analytics helps you become a powerful asset to companies. Let’s explore more about the course!

Benefits of an MBA in Business Analysis

Since digital transformation has changed a business’s growth strategy, data literacy is one of the top priorities to stand a chance against the competition. MBA degree in Business Analytics gives professionals the necessary knowledge to excel in high-demand career opportunities. The following are the benefits of a business analysis career after an MBA:

A graduate degree in Business Analytics helps professionals learn business acumen to deeply understand a specific industry and its performance metrics.
MBA helps you connect with people from various fields and departments with unique skill sets and technical expertise. It helps you transition from working in small, composed units to cross-cultural corporations.
Dynamic career options help individuals climb the success ladder rapidly and dynamically, providing high compensation. Notable positions for MBA graduates include Management Analyst/Consultant, Data Analyst/Scientist, Business Intelligence Analyst, Market research Analyst, etc.
An MBA in Business Analytics gives high job security because this field remains in demand even when a recession occurs, a pandemic strikes, or unforeseen circumstances arise. Companies must always study their data to survive and stand out.

Job Opportunities for Business Analysts after an MBA

Professionals can choose endless job opportunities after MBA in Business Analytics, depending on their interests and experiences. Let’s explore the different roles you can pursue:

Designation	Roles	Skills
Data Analyst	Communicate with data scientists, the IT team, and management for fulfilling organizational goals. They collect and evaluate the data depending on sales numbers, logistics, etc.	Programming Languages (R/SAS)SQL DatabasesData Mining, Cleaning, and MungingMachine LearningAdvanced Microsoft Excel
Business Analysts	Understand the changing business needs, analyze requirements, and document stakeholder communication.	Statistical analysis software (e.g., R, SAS, SPSS, or STATA)Business intelligence Python and RSurvey/query softwareDatabase designData mining
Predictive Modeler	Predict and create models based on predictive analytics for business requirements.	StatisticsTechnologyAnalysis
Technical Team Lead	Lead the technical team in companies to address technical issues so that products are high-quality and delivered at the right time.	Technical skills like SQL databases, database query languages, and data visualizationManagerial skillsLeadership qualities

Other than these, there are several other roles that MBA graduates can pursue.

Salaries as a Business Analyst after an MBA

The salaries of MBA graduates vary per their experiences and skills. Below is the salary potential for business analysts with an MBA:

Job Position	Salary
Data Scientist	15 Lakh/Annum
Market Research Analyst	8 Lakh/Annum
Quantitative Analyst	9 Lakh/Annum
Data Mining Expert	6 Lakh/Annum
Project Manager	12 Lakh/Annum

Source

Top Recruiters for Business Analytics Roles

Different businesses rely on big data and data sciences to boost their efficiency, market reaches, and sales. Below are several companies that offer advancement opportunities for business analysts after MBA:

Company	Compensation (0-10 years experience)
Mu Sigma Analytics	INR 5,00,000 per annum
Infosys	INR 9,00,000 per annum
Deloitte	INR 7,00,000 per annum
Accenture	INR 9,00,000 per annum
Flipkart	INR 13,00,000 per annum
TCS	INR 7,50,000 per annum
Cognizant	INR 15,00,000 per annum
JP Morgan	INR 15,00,000 per annum
Wipro	INR 10,00,000 per annum

Source

Skills Required to Be a Successful Business Analyst

The Business Analyst role is only partially based on technical or non-technical skills. Below are the skill sets necessary for a business analysis career after MBA:

Statistics and Probability – It helps business analysts find solutions from the data collected. Statistics analyzes past outcomes; probability helps in decision-making on the present data. Permutation combination, Bayes theorem, regression analysis, T-distribution testing, and ANOVA (analysis of variance) are required skills.
Programming skills – Languages like R, Python, Oracle, MySQL, MongoDB, etc., help business analysts work on database management systems. It helps create, modify, and extract data from the databases for relevant coding.
Data visualization – Power BI, Tableau, and Qlik sense are tools business analysts use for comprehensive visualizations, including scatter plots, time series sequences, polar area diagrams, etc.

Also read: Significance of probability and statistics in business decisions

Steps to Launch a Successful Business Analytics Career

Now that you know more about the magnificent field of business analytics, let’s learn the steps to work as successful business analysts:

Complete class 12 with commerce specialization and complete a bachelor’s degree with 55% marks in aggregate.
Moreover, pursuing business analytics will be much easier if you have studied finance, accounting, or business administration.
Supplement the bachelor’s degree with certifications, post-graduation, or MBA in business analytics.
Graduates must be certified in technical skills and programming languages to highlight their competencies in their resumes. You can enroll in several online courses from top universities or institutions to refine your skills.
Try to gain real-world exposure from internships in multinational corporations while studying. It helps professionals recognize the roles and responsibilities of business analysts after MBA.

Perks of Pursuing Business Analytics MBA from MAHE!

The Manipal Academy of Higher Education offers an online MBA program in Business Analytics to equip professionals and students with the necessary career skills. By learning quantitative tools like statistical analysis and programming languages, professionals can interpret data and solve organizational problems.

We have a fantastic faculty that teaches how to master business analytics subjects with essential technical skills. Learn big data analytics, R & Python, digital and web analytics, etc., in the same course. The course fee is INR 2,60,000 (four semesters), which is INR 65,000 per semester for two years.

Conclusion

Therefore, business analytics and management are essential for running a company. Infusing data analytics within business optimizes workforce planning, talent management, etc., to retain top talents and reduce employee turnover. The importance of an MBA in Business Analytics is increasing for utilizing quantitative and statistical tools in this advancing world.

What is a scrum master?

A Scrum Master is an indispensable facilitator in the Scrum structure, entrusted with fostering collaboration, removing impediments, and assuring compliance with Agile principles. The precedence of the Scrum Master in businesses arises from their ability to propel productive and successful project implementation. Professionals possessing Scrum Master skills have a plethora of opportunities to restore an upbeat and fulfilling professional path. Their importance stems from their ability to generate optimal project delivery, stimulate team productivity, and facilitate organizational adaptability.

Understanding the scrum master’s role

The Scrum Master is an essential intermediary and supervisor in Scrum, an agile software development paradigm. Role and responsibilities of a scrum master include the following:

Process facilitation:

The Scrum Master helps to make the scrum process run smoothly by ensuring that all procedures, including sprint preparation, everyday stand-ups, sprint evaluations, and retrospectives, are carried out properly. They lead the workforce through these events, motivating team members to participate and collaborate.

Impediment removal:

The Scrum Master discovers and eliminates barriers to the team’s development. They are proactive in addressing obstacles that may impede production, such as resource restrictions, competing objectives, or organizational impediments. The Scrum Master collaborates extensively with stakeholders to overcome these bottlenecks and create a positive atmosphere for the team.

Agile coaching:

The Scrum Master acts as an agile mentor for the team, owner of the product, and enterprise. They instruct stakeholders on agile ideas, beliefs, and practices, advocating a shared awareness of Scrum. The Scrum Master supports the team in adopting an agile mentality and practices, providing advice on successful collaboration, iterative expansion, and personal growth.

Metrics and reporting:

The Scrum Master contributes to the definition and tracking of key metrics providing insight into the team’s achievement and progression. They work with the stakeholders and the team to provide relevant metrics, like velocity or burn-down charts, to help with decision-making and ongoing improvement. The Scrum Master unambiguously displays these data, allowing stakeholders to assess the overall wellness of the project.

Also read: Why choose an MBA in Project Management?

Skills needed for a scrum master

Several abilities are required for success as a Scrum Master, a role that enables the efficient adoption of scrum principles and practices within a team. The key skills and qualifications of a scrum master are described below.

Strong facilitation:

A professional Scrum Master is adept at directing conferences, training sessions, and collaborative events with the team, assuring active involvement and positive outputs. They excel in developing a welcoming space that promotes open dialogue and teamwork.

Leadership:

A Scrum Master prioritizes the necessities of the team over their own. They build an inviting and empowering environment, allowing team members to take responsibility and arrive at judgments while removing any impediments to growth.

Agile principles and practices:

A Scrum Master ought to have an extensive knowledge of Agile concepts and the Scrum methodology. They should be extensively versed in Agile ideas and values, as well as Scrum roles, ceremonies, and artifacts, to effectively guide the team in conforming to these practices.

Coaching and mentoring:

A skilled Scrum Master doubles as a coach and mentor, fostering individual and team development. They steer team members, convey positive remarks, and motivate ongoing progress, allowing them to reach their maximal potential.

Also read: How MBA in Project Management can help you tackle complex projects

Why choose a career as a scrum master?

A job as a Scrum Master can be highly rewarding and fulfilling. Here are some primary benefits and arguments why being a Scrum Master is advantageous:

High demand:

Scrum Masters have been in high demand in recent times as more firms recognize the positive effects of agile approaches. Businesses in a variety of industries, notably technology, banking, and healthcare, are embracing Scrum and looking for competent Scrum Masters to assist their teams.

Career advancement:

Being a Scrum Master unlocks the door to an array of career progression prospects. With knowledge and skills, you can advance into jobs such as Agile Coach or Product Owner or perhaps mount up the corporate ladder into the position of Agile Project Manager. The adaptability of Scrum mastery enables you to further develop your skill set and study new aspects of agile project administration.

Earning potential:

Scrum Masters enjoy a good income potential. The increasing demand for competent employees, along with the shortage of qualified Scrum Masters, frequently results in excellent pay and perks packages. Furthermore, as you gain experience and credentials like CSM (Certified ScrumMaster) or PSM (Professional Scrum Master), your income potential increases.

Transferable skills:

Scrum Master skill sets are highly transferable and relevant to a broad spectrum of industries. Scrum Master abilities are highly portable and applicable to a variety of disciplines. In any managerial position, efficient communication, handling conflicts, facilitation, and mentoring abilities are essential. Whether you prefer to stay in project management or branch out, the abilities and expertise that you obtain as a Scrum Master will help you throughout your professional life.

Also read: 5 ways an MBA in Project Management can help you advance your career

Scrum master career path

The Scrum Master career path spans many stages that could contribute to advancement and growth in the profession in addition to Understanding the scrum master’s role. Although there is no rigid structure in the Scrum methodology, below are the general stages of becoming a Scrum Master:

Obtain a relevant bachelor’s degree or equivalent:

Start by earning a bachelor’s degree in project management, business administration, computer science, or a comparable line of work. This gives a solid basis of expertise and skills required for the position of scrum master.

Gain practical experience in agile methodologies:

Explore opportunities to work on assignments or in organizations that use agile approaches such as Scrum. This could be accomplished via internships, entry-level roles, or volunteering on agile teams. Hands-on expertise will help you comprehend the complexities of agile practices as you figure out how to use them correctly.

Obtain Scrum Alliance certification:

Consider seeking Scrum Alliance qualifications like CSM (Certified ScrumMaster) or CSP (Certified Scrum Professional). These certificates certify your mastery of Scrum ideals, roles, and practices, as well as your dedication to professional advancement in this discipline.

Seek professional growth opportunities:

Attend industry conferences, participate in webinars, read pertinent texts and blogs, and engage with the agile community to continually expand your horizons and expertise. Keep up with the latest advances and best practices in agile approaches to improve your efficacy in the role of scrum master.

Master essential skills and knowledge needed for a scrum master role with an MBA in project management

Earning an MBA in project management from Manipal University Jaipur through Online Manipal will help you advance as a scrum master. An MBA program provides a broader perspective of business tenets, business strategy, administration of finances, and other elements that will be beneficial while leading agile projects.

The MBA in project management program will provide in-depth knowledge of the project management lifecycle, which includes project planning, budgeting, quality, risk, and more. Thus, it will help you acquire key skills such as strategic alignment, contract management, quality assurance, risk management, and more.

Major benefits of pursuing an online MBA through Online Manipal:

The online MBA is taught by experienced faculty members who are experts in their domain and help learners gain industry-specific knowledge.
Online Manipal offers various placement assistance services to improve the chances of learners and help them land their dream careers.
It allows students to connect with a diverse peer group from various industries, domains, geographies, and experience levels and develop new ideas.
Scholarships for deserving students
Easy payment options through no-coast EMIs
Free access to Coursera courses for further upskilling

Also read: What will you learn in an MBA in Project Management?

Conclusion

Scrum masters are crucial assets to firms seeking to stay abreast within rapidly evolving sectors owing to their proficiency in agile practices. In this dynamic landscape, pursuing a Scrum master career path can lead to worthwhile employment, promising opportunities, and a leg up in the job market. Pursue the MBA in Project Management course through Online Manipal to advance your career as a Scrum Master.

Also read: How to choose the best MBA Project Management course

How to choose the right online bachelor’s degree program

Choosing the right online bachelor’s degree program after completing the 12th standard is a crucial decision that can shape your academic and professional future. Bachelor’s degree is the first step in the long journey of career-making, and students often feel confused about how to choose the right bachelor’s degree for themselves. With the increasing availability and flexibility of online education, students now have a vast array of options to explore. However, it’s important to approach this decision with careful consideration, as it will impact your educational journey and career prospects.

The bachelor’s degree provides specialized knowledge and skills that develop critical thinking, problem-solving, analytical skills, and management. It is important to consider various factors, such as your interests, career goals, program accreditation, curriculum, delivery methods, etc., to make an informed choice that aligns with your aspirations. You can easily opt for your desired program from anywhere in the world with online education. Online bachelor’s program provides valuable knowledge from the industry’s best faculties, with flexibility and freedom.

Also read: Is doing an undergraduate degree in online mode a good idea?

Things to consider before choosing your online bachelor’s degree

Following factors to consider when selecting an online bachelor’s degree program.

Identifying your career goals and aspirations

Before selecting a bachelor’s program, it is crucial to identify your future goals and aspirations. The future is unpredictable, but a road map will guide you throughout the journey. Write a rough outline of the professional career you dream of and want to attain. It will help in choosing the best online degree program for you.

Determining your academic interests and passions

Your 12 years of schooling hold clues regarding your future. In the primitive years of life, we develop different academic interests and passions. Selecting a field that is in tune with your liking will be a continuous source of motivation. Making a list of these things will provide you with clarity and assist in selecting the best online bachelor’s degree.

Exploring accredited institutions

One of the key considerations for choosing an online degree program is the accreditation. Any program or degree from an online university or institute without proper approval or accreditation holds zero value. It is crucial to check whether the institute is registered and approved by all applicable organizations, like UGC, NAAC, etc.

Evaluating the program’s curriculum and courses

You will find a detailed syllabus of the desired online degree program on the website. Go through the curriculum and try to learn about different subjects that are part of the program. It is vital to select the course that provides desired skill and knowledge.

Assessing the program’s flexibility and convenience

The online program’s key feature is convenience and flexibility. Online Manipal provides both live and recorded lectures. That gives freedom to students to complete the curriculum at their pace. So, before making a final decision evaluate the flexibility provided by the online institute.

Checking faculty members and instructors

The quality of faculties determines the quality of the program. Going through the information of faculties will provide information regarding their experience and academic attainments. Offline interaction is absent in online degrees. Reviewing faculties and other staff will establish familiarity.

Evaluating the support services available for online learners

It is crucial to have a robust learning ecosystem. It is an online degree, so the institute must provide a proper learning management system. Providing all the relevant materials, lectures, question papers, notices, and more in one place. Accessible 24×7 from any device. Along with a platform to address students’ grievances.

Assessing financial considerations

Another criterion for selecting an online bachelor’s degree is fees. Check out the fee structure and mode of payments available. Another advantage of an online degree is that you get quality education at par with an off-campus degree but at low fees. Few universities also provide financial aid to students from weaker backgrounds.

Checking program reviews and alumni feedback

Similar to checking for product reviews before making a purchase. It is crucial to go through past students’ feedback. The feedback will provide information regarding performance and credibility.

Also read: How online courses help you to manage studies while working

Some popular online undergraduate degrees

Find the perfect fit from the following online bachelor’s degree program. Here is a list of undergraduate degrees; that one can opt-in for online mode.

Bachelor of Business Administration (BBA): BBA is a popular undergraduate degree program that provides a comprehensive understanding of various aspects of business and management. It equips learners with a solid foundation in business principles and prepares them for executive and management roles.

Bachelor of Computer Application (BCA): BCA is an undergraduate degree program focused on computer science, software development, and information technology. Students can get into a wide range of job roles in the tech industry after completing the program.

Bachelor of Commerce (B.Com): B.Com is a popular bachelor’s degree that focuses on the study of commerce, business, and finance. This program helps students gain the necessary knowledge and skills to pursue careers in the corporate sector, finance industry, government sector, and other sectors.

Bachelor of Arts (B.A.): B.A. is a common bachelor’s program that offers a broad-based knowledge of humanities, social sciences, and liberal arts. Students can explore a wide range of subjects and pursue diverse career paths after completing this program.

Bachelor of Science (B.Sc): B.Sc is an undergraduate degree that provides knowledge in scientific and technical subjects, offering a strong foundation in the natural sciences, mathematics, and related disciplines. Students can pursue careers in scientific research, technology, healthcare, and other related fields after this degree.

Also read: Top online degrees that are worth investing in 2023

Why are online bachelor’s degrees from Manipal University Jaipur the best?

Manipal University Jaipur, a NAAC A+ accredited institute, provides top-notch online bachelor’s degrees in Business Administration, Computer Application, and Commerce through the platform of Online Manipal. The comprehensive curriculum of these degrees are designed by experts to prepare students for real-world scenarios and provide them with strong domain knowledge. Students can easily watch the recorded lectures and revise the topics at any time and from anywhere. Students can also opt for the no-cost EMI option or take advantage of various scholarships provided.

Also read: Why should you choose Manipal University Jaipur for online degrees?

Conclusion

Getting a bachelor’s degree is a crucial milestone in an individual’s life as it paves way for a bright future. So, select the right online bachelor’s degree that aligns with your purpose and interest. Manipal University Jaipur provides the best online bachelor’s degrees that groom individuals for the real world. Students can easily access education from a reputed university and achieve career advancement by enrolling in a bachelor’s degree program through Online Manipal.

How to build a successful career in finance after a BBA degree

BBA is a three-year undergraduate degree program in Business Administration. It lays a firm foundation for the students to pursue careers in different domains. The comprehensive curriculum of BBA covers business management, human resource management, marketing, and corporate finance. It opens up job avenues in various sectors of the economy. Finance is one of the most attractive domains for BBA students. It will be beneficial to pick a postgraduate course that helps advance one’s career in finance.

Also read: Why choose an MBA in Finance?

Why should you choose finance as a career?

Finance is the backbone of every organization, whether small or big. It is an umbrella term; that covers responsibility from making a production budget to managing the supply chain. There are various career opportunities in different sectors that you can pick as per your interest. The following are the few reasons that make finance a lucrative career.

Greater scope and high demand

Finance is not only limited to manufacturing or trading industries. It has a vast reach in the economic infrastructure of the world. There are job opportunities in Retail Banking, Insurance, Investment Banking, Financial Planning, Cost Management, Portfolio management, Financial analysis, and many more. You can dive in and select your dream career of your choice. These options are challenging and rewarding at the same time.

Opportunity to reach a top managerial position in the organization

Starting a career in finance paves a path for key management positions. The Chief Operation Manager, Chief executive officer, and Chief financial officer are the top managerial positions of an organization. A can gradually move forward in the hierarchy if he focuses on continuous improvement in skill and knowledge and upscales his qualifications by opting for finance domain specializations.

Highest-paid jobs along with job security

As finance activities are essential for business and entrepreneurs, from manufacturing to investment companies, it requires finance experts to smoothly run the operations. This inherent quality provides job security and good pay. Finance jobs have the highest earning potential in the market.

Higher education options in the finance domain

For advancing in the finance industry with a BBA, the following courses will provide an edge in the market.

Master of Commerce
MBA in Finance
MBA in IT and Fintech
MBA in BFSI
MBA in Banking and Financial Services
MBA in Business Analytics
Master’s in Finance
Chartered Accountancy
Chartered Financial Analyst program
Certified Financial Planner program

Also read: Important concepts to learn during an MBA in Finance

Popular job roles in finance

There are various lucrative finance job opportunities for BBA graduates. But the following are the top eight jobs in Business management that one can aim for.

Financial manager

They overlook the finances of the departments, analyze the financial records and accordingly plan budgets and provide financial advice. The salary of a financial manager can go up to ₹30 Lakhs.

Investment banker

They provide financial advisory and transactional services to clients related to raising capital, issuing securities, and entering into mergers, acquisitions, and other strategic transactions. The salary of an investment banker can go up to ₹40 Lakhs.

Financial advisor

They play a crucial role in helping clients make informed decisions with regard to financial matters, which include investment planning, retirement planning, and insurance planning. The salary of a financial advisor can go up to ₹8 Lakhs.

Risk manager

They are responsible for identifying, assessing, and mitigating financial risks within an organization. The salary of a risk manager can go up to ₹25.8 Lakhs.

Compliance officer

They ensure that an organization operates in adherence to relevant laws, regulations, and internal policies. The salary of a compliance officer can go up to ₹15 Lakhs.

Business analyst

They collect, analyze and interpret business data related to products, operations, and IT to help businesses grow. The salary of a business analyst can go up to ₹15.4 Lakhs.

Also read: Highest paying jobs in finance in India

Take your first step into the finance world by enrolling in finance-related courses on Online Manipal. Online Manipal brings expertise, convenience and knowledge along with flexibility for students looking to pursue higher education. It allows students to access live and recorded lectures so that they can complete the syllabus at their pace, either from the comfort of home or on the go. They can opt for different finance-related online courses such as MCom, or MBA in Finance, and more from renowned universities like Manipal University Jaipur, Manipal Academy of Higher Education, T.A. Pai Management Institute. These courses will prepare you for real-life work scenarios and provide you with all the necessary skills needed to excel in the finance sector.

Also read: MBA in BFSI vs Other Finance Degrees: Which is Right for You?

Watch this video to find our career scope in the finance domain

Conclusion

Finance is the core field that will keep on evolving and growing. BBA gives you the foundation and basic understanding of different finance-related roles, and a postgraduate degree will provide an edge to your resume. Enroll in your desired finance-related program on Online Manipal and carve a successful career.
Also read: Top job roles to explore after M.Com

Exploring career opportunities in business management: What you need to know

The demand for business management careers and professionals with business degrees is growing rapidly. A business management degree is now a recognized credential for many job positions across various industries. Whether it’s being a non-profit manager, business analyst, banker, or marketing professional, a business management degree opens up numerous opportunities. As businesses continue to expand and evolve in today’s dynamic market, the need for skilled professionals who can effectively manage operations, resources, and teams becomes increasingly crucial. Hence, pursuing a career in business management can lead to a rewarding and fulfilling professional journey.

What is business management?

Business management refers to the set of activities involved in planning, organizing, and running business entities. It is a multi-purpose function that is crucial for the success and growth of organizations. Business managers are responsible for coordinating and supervising employees, maximizing efficiency, managing finances, and guiding teams. They play a vital role in resolving interpersonal problems, financial planning, human resource leadership, and navigating various business processes.

Key skills required for a successful career in business management

Some of the key skills required for a successful career in business management include:

Strong leadership abilities: Business managers need to possess strong leadership skills to effectively guide and motivate their teams. They should be able to inspire and influence others toward achieving business goals.

Excellent communication skills: Effective communication is crucial in business management. Managers need to be able to clearly articulate their expectations, goals, and strategies to their team members, clients, and other stakeholders.

Strategic thinking: Successful business managers have the ability to think critically and strategically. They can analyze complex situations, identify opportunities, and make informed decisions that contribute to the long-term success of the organization.

Problem-solving skills: Business managers should be skilled problem solvers who can tackle challenges head-on. They need to be able to identify issues, assess possible solutions, and implement effective strategies to overcome obstacles.

Financial acumen: Business managers should have a solid understanding of financial concepts, such as budgeting, forecasting, and financial analysis. They need to be able to make sound financial decisions that contribute to the profitability of the organization.

Analytical Skills: Business managers need to analyze data, interpret market trends, and make data-driven decisions. Strong analytical skills enable them to identify patterns, extract insights, and make informed business choices.

Also read: Is BBA the right degree for aspiring entrepreneurs?

Career opportunities in business management

Job role	Highest estimated salary
Operations Manager	₹ 19.0 Lakhs
Business Development Manager	₹ 16.0 Lakhs
Marketing Manager	₹ 22.5 Lakh
Human Resources Manager	₹ 18.0 Lakhs
Financial Analyst	₹ 12.1 Lakhs
Supply Chain Manager	₹ 28.0 Lakhs
Business Consultant	₹ 23.7 Lakhs
Project Manager	₹ 28.0 Lakhs

Note: Please keep in mind that the salary ranges provided are approximate and can vary depending on factors such as location, industry, and years of experience.

Also read: 10 signs you are most suited for an online MBA.

Industries where business management professionals are in demand

Some of the top industries where business management professionals are in demand are:

Technology
Healthcare
Finance
Manufacturing
Retail
Hospitality
Consulting

Importance of earning business degrees like BBA and MBA

Earning a business degree, such as a Bachelor of Business Administration (BBA) or a Master of Business Administration (MBA), holds significant importance in today’s competitive job market. The demand for business education is high, as it equips individuals with the necessary skills and knowledge to thrive in various industries. Graduates with a business degree have access to numerous career prospects and opportunities for advancement. This degree provides versatility in job options, allowing individuals to explore roles in sales, management, consulting, accounting, and more.

One of the key advantages of earning a business degree is the competitive earning potential it offers. Business professionals are known to have higher-than-average salaries due to their specialized knowledge and skills. Additionally, the field of business provides career flexibility, with many jobs now being performed remotely or on a part-time basis. This allows individuals to maintain a work-life balance while pursuing their professional goals.

A business degree prepares students for real-world business challenges. Whether it is a BBA or an MBA, these programs equip individuals with the necessary tools to navigate complex business situations. The curriculum focuses on developing critical thinking, problem-solving, and decision-making skills. These skills are highly valued by employers and can significantly enhance job performance. Earning a business degree like BBA or MBA is essential for individuals looking to establish successful careers in today’s global business landscape.

Prefer Online Manipal for top quality business education

World-class universities like Manipal University Jaipur and Manipal Academy of Higher Education offer top-quality business education through Online Manipal. The online BBA and MBA courses are designed to provide students with a comprehensive understanding of business principles and practices, preparing them for successful careers in the corporate world. One of the highlights of online programs is the flexibility it offers to students. They can study at their own pace and convenience, allowing them to balance their education with other commitments.

Also read: Benefits of pursuing an online MBA program with placement assistance

These degrees provide students with a solid foundation in business administration, covering important aspects such as marketing, finance, human resources, and strategic management. Students also have the opportunity to specialize in areas like international business, data science and analytics, IT & Fintech, and other electives with the online MBA program. This allows students to tailor their education to their specific career goals and interests. The comprehensive and flexible platform of Online Manipal helps individuals to get into a lucrative career with various placement assistance services.

Conclusion

Exploring career opportunities in business management involves understanding its diverse roles and acquiring essential skills such as leadership, communication, problem-solving, and decision-making. A solid educational foundation and practical experience through internships or entry-level positions can enhance career prospects. Continuous learning, staying updated with industry trends, and building a professional network are crucial for success in the evolving business landscape. Business management offers promising career paths for individuals passionate about driving organizational success and making a meaningful impact through strategic planning, operations management, finance, marketing, and human resources.

Also read: 10 ways how MBAs shape leaders

Watch this video to find out the Online Manipal learning experience.

How an MBA prepares you for various HR functions

The field of Human Resources (HR) is one of the most sought-after career paths for professionals across industries. With an increasing focus on talent management and organizational development, HR professionals play a crucial role in shaping the success of a company. The demand for skilled HR professionals is on the rise, making it a promising field for individuals looking for long-term career prospects.

There are several reasons why HR is the most chosen field among professionals. HR offers a diverse range of functions and responsibilities. This allows individuals to gain a holistic understanding of the workforce dynamics and contribute to the overall growth of an organization. The HR domain offers a challenging and rewarding career path with opportunities for growth and advancement.

An MBA degree is often seen as a key requirement for HR jobs. This is because an MBA program provides individuals with the necessary knowledge and skills to excel in various HR functions. With courses covering topics such as organizational behavior, strategic management, leadership, and human resource management, an MBA equips individuals with the essential tools to effectively manage people in a corporate setting.

Also me: Why is an MBA in HRM a top choice for many students?

Understanding the various HR functions

Discussed below are some HR functions:

Talent acquisition: Talent acquisition is one of the key functions of the HR department. It involves the process of identifying, attracting, and hiring the best talent for an organization. This function is crucial as it directly impacts the success and growth of the company.

Training and development: Training and development are crucial functions of the HR department in any organization. It involves identifying the skill gaps and training needs of employees and designing and implementing programs to enhance their skills and knowledge.

Performance management: Performance management is a crucial aspect of the HR function in any organization. It involves the process of setting clear goals and expectations for employees, monitoring their progress, providing feedback and coaching, and ultimately evaluating their performance.

Compensation and benefits: Compensation and benefits are key functions within the HR department of any organization. Compensation refers to the monetary and non-monetary rewards that employees receive in exchange for their work. This includes salaries, bonuses, and incentives. Benefits, on the other hand, are additional perks and privileges provided to employees to enhance their overall well-being.

Employee relations: Employee relations is a critical function of the HR department that focuses on managing and maintaining a positive relationship between employees and the organization. It involves addressing any issues or concerns that employees may have, promoting open communication, and fostering a healthy work environment.

What does an MBA in HR teach you?

An MBA in HR teaches you various aspect of the HR domain:

Strategic HR planning: An MBA in HR provides students with a comprehensive understanding of strategic HR planning. This includes learning how to align HR strategies with organizational goals and objectives. Students learn how to assess current and future workforce needs, as well as how to attract, motivate, and retain top talent.

Ethical and legal considerations in HR: An MBA in HR provides a comprehensive understanding of the ethical and legal considerations in human resources management. The program emphasizes the significance of treating employees fairly, promoting diversity and inclusion, and maintaining confidentiality. Students gain knowledge about labor laws, employment contracts, discrimination and harassment policies, and workplace safety regulations.

HR analytics and data-driven decision making: An MBA in HR provides students with a comprehensive understanding of various aspects of human resources management, including HR analytics and data-driven decision-making. This equips students with the necessary skills and knowledge to effectively analyze and interpret data related to human resources.

Leadership and change management in HR: An MBA in HR provides students with a comprehensive understanding of leadership and change management in the context of human resources. The program emphasizes the development of strong communication, collaboration, and problem-solving skills, which are essential for HR professionals in leadership roles.

Also read: What employers look for in MBA Human Resources graduates

Skills developed during an MBA in HR

Some of the major skills developed during an MBA in HR include the following:

Strategic thinking: An MBA in HR helps develop skills in strategic thinking, enabling professionals to understand and align HR goals with the overall business strategy. MBA graduates are able to develop and implement HR policies that support the organization’s long-term objectives.
Leadership and management: MBA programs often provide coursework and opportunities to develop leadership and management skills. This includes skills such as team building, conflict resolution, and decision-making.
Employee relations: An MBA in HR equips professionals with the skills to effectively manage employee relations. This includes developing and implementing employee engagement initiatives, handling disciplinary actions, and fostering a positive work environment.
Talent acquisition and retention: MBA graduates with an HR specialization are equipped with skills in attracting and retaining top talent. They can develop effective recruitment strategies, conduct interviews, and implement onboarding processes.
HR analytics: With the increasing importance of data-driven decision-making, an MBA in HR helps professionals develop skills in HR analytics. This involves using data to identify trends, make informed decisions, and measure HR performance.
Change management: An MBA in HR prepares professionals to effectively manage organizational change. This includes skills in communication, stakeholder management, and overcoming resistance to change.

Also me: Important concepts to learn during an MBA in Human Resource

Role of an MBA in preparing professionals for HR functions

The vital role of an MBA in preparing professionals for HR functions is discussed below:

An MBA provides professionals with a strong foundation in business and management principles, which is essential for success in the HR domain and functions.

With an MBA, professionals can develop a comprehensive and strategic approach to HR functions. They can learn how to align HR strategies with overall business objectives, assess and address organizational needs, and design and implement effective HR policies.

MBA in HR programs provide professionals with in-depth knowledge and skills specific to HR functions. This may include topics such as recruitment and selection, performance management, compensation and benefits, employee relations, and talent development.

Finally, an MBA provides professionals with valuable networking opportunities and access to a strong alumni network. This can help in building relationships with industry leaders and HR professionals and in staying updated with the latest trends and best practices in HR functions.

Also me: Top 8 HR job roles for a flying career

Become a job-ready HR graduate with an online MBA in HR from Manipal University Jaipur

Manipal University Jaipur offers an online MBA in HR program through Online Manipal that is designed to equip students with the necessary skills and knowledge to become job-ready HR graduates. The program helps students acquire advanced knowledge and master essential HR practices, through topics like Management Process and Organizational Behavior, Human Resource Management, Operations Research, Employee Relations Management, Management and Organizational Development, Talent Management and Employee Retention and HR Audit. The curriculum is designed to provide students with a holistic understanding of the HR function and its role in driving organizational success.

Also me: Why choose an MBA in HR?

The curriculum is taught by experienced faculty members who bring their real-world insights and expertise into the virtual classroom. Students also have the opportunity to participate in live webinars, interactive discussions, and case studies that help them apply their theoretical knowledge to practical scenarios. Online Manipal also offers various placement assistance services to help graduates land a lucrative career in the HR domain. Manipal University Jaipur’s online MBA in HR program offers a comprehensive curriculum, flexible learning options, and access to industry experts, making it an ideal choice for individuals who want to become job-ready HR graduates.

Conclusion

Pursuing an MBA equips individuals with the essential knowledge and skills needed to excel in various HR functions. The multidisciplinary approach of an MBA program fosters critical thinking, problem-solving, and decision-making abilities, enabling HR professionals to address complex challenges in a dynamic business environment. An MBA in HR through Online Manipal provides a solid foundation for individuals seeking to thrive in HR roles and contribute to organizational success.

MSc in Business Analytics from MAHE

Role of placement drives in helping you land your dream job

Tips for standing out in placement drives and landing your dream job

Virtual placement drives offered by Online Manipal help students land their dream careers

Conclusion

Importance of continuous learning in today’s competitive job market

How online learning can help develop in-demand skills

In-demand skills in today’s job market and how to develop these skills

Industry readiness programs offered by Online Manipal help students develop in-demand skills

Conclusion

Who is a business analyst?

How to become a business analyst?

Pursue a master’s degree in business analytics

Get certification in business analytics

Work on projects to improve your practical data analytics skills

Develop visualization and presentation skills

Apply for relevant business analyst positions

Responsibilities of a business analyst

Why you should become a business analyst

In-demand domain

High salary

Cross-industry opportunities

Professional growth

Impact

Salary of business analysts

Business analyst salary in Bangalore

Is an MBA useful for business analysts?

How does an MBA help boost the career of business analysts?

Ability to gain business insights

Enhanced knowledge

Skill enhancement

Domain expertise

Management skills

Higher pay scale

Role of business analyst in the education sector

How can business analysts pivot in the education sector?

Frequently asked questions

Conclusion

What is Business Analytics?

Benefits of an MBA in Business Analysis

Job Opportunities for Business Analysts after an MBA

Salaries as a Business Analyst after an MBA

Top Recruiters for Business Analytics Roles

Skills Required to Be a Successful Business Analyst

Steps to Launch a Successful Business Analytics Career

Perks of Pursuing Business Analytics MBA from MAHE!

Conclusion

Understanding the scrum master’s role

Skills needed for a scrum master

Why choose a career as a scrum master?

Scrum master career path

Master essential skills and knowledge needed for a scrum master role with an MBA in project management

Conclusion

Things to consider before choosing your online bachelor’s degree

Some popular online undergraduate degrees

Why are online bachelor’s degrees from Manipal University Jaipur the best?

Conclusion

Why should you choose finance as a career?

Higher education options in the finance domain

Popular job roles in finance

Increase your career prospects in finance by enrolling for finance-related courses on Online Manipal

Conclusion

What is business management?

Key skills required for a successful career in business management

Career opportunities in business management

Industries where business management professionals are in demand

Importance of earning business degrees like BBA and MBA

Prefer Online Manipal for top quality business education

Conclusion

Understanding the various HR functions

What does an MBA in HR teach you?

Skills developed during an MBA in HR

Role of an MBA in preparing professionals for HR functions

Become a job-ready HR graduate with an online MBA in HR from Manipal University Jaipur

Conclusion

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