What does it take to become successful in the corporate world? Success is defined in various ways in the corporate world; nonetheless, its definition mostly depends on an individual’s objectives and beliefs for their career. Numerous aspects point out the achievement of successful positioning in the business world. These include getting a firm foot in the market, maintaining steady growth, and winning the battle for the best talents among rivals. The blog aims to explain success in the corporate world and ways to attain it. A clear vision and goals A vision provides an individual with a blueprint to succeed by guiding, providing drive, and encouraging focus. Moreover, a vivid vision and set goals enable effective time management and boost accountability and resilience in overcoming obstacles. As Elon Musk, CEO of Tesla Motors, has proved, developing a clear vision and goals can reap big benefits. It is his clear vision through which the company has driven the world’s transition to electric vehicles, which was thought impossible. Continuous learning and skill development As the business environment changes rapidly, staying abreast with emerging trends and technologies in the industry is imperative. Nevertheless, continuous learning and developing knowledge and skills require dedication and openness to accept new ideas and approaches. It also allows professionals to create or strengthen their professional network and brand themselves as experts. Interested individuals can attend industry events, participate in online forums, and connect with other professionals in their industry. Read everything about your industry, including the latest innovations, ongoing studies, journals, industry trade publications, and websites. Adaptability and resilience In today’s rapidly evolving business world, adaptability and resilience have emerged as critical skills for individuals and organizations alike. Being flexible, agile, and ready to pivot when necessary empowers individuals to navigate uncertainty, capitalize on emerging opportunities, bounce back from failure, and sustain long-term growth. Many success stories started with a failure. For instance, Soichiro Honda, founder of Honda Motors, was passionate about cars from a young age. However, he had to overcome a series of obstacles and adapt to changing consumer needs to make the Honda Motor Company the success it is today. Toyota rejected his concept of the piston ring developed in the 1930’s. Despite the ridicule from peers, Honda created a small two-stroke motor in the wake of World War II. Not long after, Honda released its first motorized bike in 1949. Honda understood the needs of the hour and adapted accordingly, devising what suited the customer base. Effective communication and networking Almost every job role demands strong and effective communication skills. Good communication facilitates clarity in the exchange of concepts, knowledge, and ideas while mitigating ambiguity or misunderstanding. It also opens doors to beneficial networking. Here are three ways a professional can build a strong professional network: Dedicate time for professional networking. Have time to meet, greet and expand the professional circle. Extend help and support to peers. Follow the policy of putting other people first. Create thoughtful social media content. Your content may take time to gain traction, but consistency will eventually highlight you in front of the right people. Leadership and teamwork Whether you’re an aspiring manager, a newly appointed leader without much experience, or a seasoned executive who’s had difficulty managing team affairs, developing strong leadership and team management skills will help you succeed. These skills broadly entail: Clear and effective communication Emotional intelligence Ability to direct and delegate Problem-solving attitude Effective decision-making Strong leadership is a precursor for effective teamwork. Effective team management ensures optimal allocation of tasks based on individual strengths, leading to higher productivity and quality of work while fostering collaboration, and addressing conflicts. Crashing through the auto industry’s glass ceiling, Mary Barra, CEO of General Motors is one great example of effective leadership that led to her team performing exceptionally well. Mary Barra implemented a culture of transparency and inclusion through transparent communication among employees and company stakeholders. Time management and productivity Time management is another key element to be successful in the corporate world. Professionals should learn early on how to prioritize their time and focus on the most important tasks. Three basic steps to managing time and enhancing productivity at the workplace: PlanPrioritizePerformIdentify your goals and objectives.Differentiate between demands and prioritize them wisely.Concentrate on one priority at a time and make sure it gets completed within the stipulated time bracket allotted.Assess the current situation.Identify the thing that needs to be done first, second and so on.Evaluate performance and make changes wherever necessary.Identify your strengths and weaknesses.Use the Eisenhower matrix to categorize tasks into four quadrants: do, delegate, defer, and delete.Use the PDCA model (Plan-do-check-act). When understanding the value of time management skills in propelling business success, there is no better example than Jeff Bezos, founder and former CEO of Amazon. Bezos starts his day early but only plans professional meetings after 10:00 a.m. The time before 10:00 a.m. is utilized to rejuvenate and recharge. Integrity and ethical behavior The cornerstone of professional success lies in upholding ethical behavior. When professionals and organizations prioritize ethics, they build strong reputations and foster relationships with clients and colleagues. Ethical conduct is a guiding principle, steering us toward decisions aligning with our values. Unethical practices can lead to serious consequences for employees and companies. For example, one of the biggest corporate governance failures led by the founder of Satyam Computer Services, Ramalinga Raju, in 2009 resulted in the company’s collapse and a major loss of trust of investors in Indian companies. Adaptation to corporate culture Workplace politics can be overwhelming and difficult to navigate. However, they form an inevitable part of any organization. Here’s how to survive company politics and turn negative politics into a positive workplace culture. Keep it professional. Building workplace relationships is important for gaining a sense of belongingness. However, drawing the fine line between being sociable and oversharing is important. Upskill yourself. Mastering soft skills and emotional intelligence can enable you to navigate office politics more efficiently. Speak up for yourself or someone you know is being unfairly treated. Work-life balance and well-being Gone are the days when self-care was synonymous with selfishness. Some companies and CEOs promote policies and practices exclusively facilitating mental and physical well-being. Take Jeff Weiner, LinkedIn’s Executive Chairman, for example. Despite a hectic schedule and juggling between different roles of a rapidly growing company, the business leader advocates dedicating a fixed time of the day for self-care. Conclusion In conclusion, defining success varies from person to person. However, by embracing a few qualities and traits, professionals can achieve what they consider important for success. Upskilling is one of the smartest moves an ambitious professional can make. For professionals looking to take that advanced leap in their career, pursuing online learning courses from MAHE can help them manifold. The corporate world can be scary, but by mastering a few skills, you will impress your employer and succeed in the corporate world.
Why should data science aspirants consider an MBA with a data science specialization? From finance to man power management, every industry nowadays is inclined towards data-driven decision-making. To make those decisions, they seek professionals who are experts in effectively interpreting large datasets. Their extensive expertise in combining statistics, mathematics, computer science, and domain knowledge makes them more essential and voracious. It has raised the demand for data scientists across different sectors. This demand is making many professionals pursue an MBA in data science. Besides a rewarding and advancing career, the other reason that has added to the demand is the MBA in data science salary. An online MBA in data science helps working professionals learn more about business management principles, data analysis, and interpretation. It also mitigates the business and data science gap because professionals need more technical stakeholders. Let’s understand the MBA in data science eligibility and the best colleges. Also read: Webinar: Emerging Careers in Data Science and Analytics The growing intersection of data science and business operations The dependency of organizations on data to use it for better decision-making has helped data science emerge as one of the most powerful tools. There is an inter-dependency between data science and business, providing new opportunities for professionals in both fields. Data science focuses on extracting, analyzing, and handling large data sets where business strategies boost organizational growth. Online MBA programs teach professionals advanced statistical and analytical techniques applied in practical fields. Data science has substantially impacted customer analytics because businesses can better understand their target audience by customizing their needs. For example, all e-commerce companies use data scientists to analyze customer browsing patterns and trends to influence purchase behaviour. It not only enhances customer satisfaction but also sales and revenue. Industry experts estimate that data scientist job roles will increase by 14%, and 11 million jobs will be created by 2026. Benefits of pursuing an MBA with data science specialization An online MBA in data science has immense benefits or opportunities for recent graduates or working professionals. Let’s explore these benefits in detail: A. Holistic perspective Every data scientist possesses technical expertise and holistic perspectives for making accurate and informed business decisions. The online MBA program boosts non-technical skills apart from the programming languages to understand business strategies. It equips professionals with an understanding of business operations, marketing, and finance. It also helps professionals apply data science techniques efficiently to achieve business goals and objectives. B. Business acumen and leadership skills Managerial and leadership skills are the two most critical non-technical skills a data scientist needs. An MBA program teaches professionals several leadership capabilities, strategic thinking, and decision-making skills. All these different skills help them to manage team members and communicate their findings to the leaders or stakeholders. It boosts the data-driven initiatives within the organization by combining business acumen and data science expertise. It helps businesses navigate between technology and business successfully. C. Career advancement opportunities Graduates with a statistics, computer programming, or mathematics background choose data science in their MBA specialization. From data scientists to data science managers, it has different career opportunities in technical and managerial roles. The professionals are also responsible for developing data-driven strategies and driving organizational growth. It puts them in demand in consulting, finance, healthcare, or retail industries. Also read: Career options after an MBA in Data Science MBA in Data Science Salary CompaniesData scientist salaries in IndiaTCSINR 8.9 LPAAccentureINR 13.6 LPAWiproINR 9.0 LPACognizantINR 10.1 LPAIBMINR 16.5 LPANote: All the numbers provided above are only indicative and may vary as per the Source D. Networking and collaborative opportunities Online MBA programs offer a collaborative environment where professionals can learn about their industry and market landscapes. It brings together students and alumni from diverse backgrounds to inspire other industry people and inspire from their perspectives. All these connections lead to valuable connections, job placements, and access to internships. Collaboration with different industries helps professionals gain insights into business sectors and apply data science techniques innovatively. E. Adaptability and entrepreneurial skills Data science is evolving every day with the latest technologies emerging and advancing. Pursuing an online MBA in data science equips professionals with the adaptability to thrive in the dynamic field. Moreover, combining business and data science has also sparked entrepreneurial skills. Young entrepreneurs in the digital era get immense knowledge from MBA programs to identify market trends, develop data-driven strategies, and leverage analytics. Also read: How to start a career in Data Science with no coding experience? Best practices and tips for pursuing an MBA with data science specialization Online MBA in data science offers professionals a life-changing opportunity to create a lucrative career in a leading industry with an MBA in Data Science. However, some recent graduates need careful planning to choose this certificate program to ensure a successful career. Researching the MBA program before enrolling to study the curriculum, faculty members, and practical exposure is essential. All the faculty members should have enough experience and knowledge in the data science industry. Think about the internship opportunities the college provides with Data Science specialization and alumni support. Working professionals should consider the reputation of the institution in the industry. Balancing workload and optimizing time: All working professionals should balance their MBA coursework with their work by allocating specific time slots for attending classes and studying. There should be a to-do list to prioritize each work depending on the necessity. Students should learn from the online resources given by the institution, like learning platforms, research databases, and career services. Study with classmates from the data science specialization by collaborating on project work or homework. It helps in fostering a supportive learning environment for the students. Why must you consider doing an MBA from MAHE? Manipal Academy of Higher Education provides an online MBA program in data science that helps professionals build successful and lucrative careers. As a reputed institution, MAHE helps students master data science algorithms, Python programming, and statistical techniques through this program. The 2-year MBA in data science eligibility necessitates a minimum of 1 year of work experience. The university also has state-of-the-art infrastructure and resources supporting learning and data science research. As the best MBA in data science colleges in India, MAHE has a strong network of industry partnerships and collaborations, providing students with excellent internship and job placement opportunities. Also read: Data Science Use Cases in Finance Conclusion Aspirants should consider pursuing an MBA with a data science specialization because it offers a unique combination of business and technical skills most sought after in today’s job market. Professionals can effectively analyze and interpret large amounts of data, and the MBA program in data science and business management can provide individuals with a competitive edge. Combining the technical expertise of data science with the strategic thinking and leadership skills gained from an MBA can open the door to a wide range of lucrative career opportunities in various industries. MAHE works effortlessly to help you gain those skills with ease and effectiveness.
PGCP BA vs PGCP Data Science: detailed elaboration Data and analytics are two factors that are driving business growth and success in today’s fragmented market. Data science helps make sense of all the data, whereas business analytics turn that data into effective decisions. It has increased the demand for professionals with specialized education in data, like PGCP in data science and business analytics. This program equips professionals with advanced knowledge in analytics, business strategies, and technology to upgrade their careers. Together, they help organizations boost their performance, growth, and competitiveness in the market. That’s why specialized education like the PGCP in data science and business analytics course provides a practical approach for professionals to master complex data sets and algorithms. PG in data science and business analytics strongly emphasizes skills, knowledge, and industry exposure for a successful career. Let’s uncover the primary differences between data science vs business analytics. Also Read: MBA in business analytics course guide Understanding PGCP in business analytics Business Analytics includes statistical analysis, predictive modeling, and analytical approaches to examine the company’s data and derive essential decisions. The scope of business analytics has risen because of the demand for professionals excelling in data visualization or exploration. On the other hand, with the IoT, business analysts have started facilitating the integration of technologies into business operations. The curriculum of PGCP in business analytics covers: Financial reporting and statement analysis Business Statistics Programming with R and Python Database Management Data Visualization Applied Multivariate Data Analysis PGCP in business analytics is meant for working professionals or recent graduates from business, economics, engineering, or related fields to enhance their analytical skills. Career prospects for this program flourish in finance, healthcare, e-commerce, marketing, and consulting. Technical SkillsData Analysis and Interpretation:Tableau or Power BIModel EvaluationSQL ProficiencyPython or RData WarehousingNon-Technical SkillsBusiness AcumenProject ManagementCommunication SkillsProblem-Solving Delving into PGCP in data science Data Science, contrary to business analytics, deals with different scientific methods, processes, and algorithms from structured and unstructured data. Data scientists understand patterns, trends, and large data sets. The scope of data science is expanding across different sectors because all organizations use data for strategic decision-making. The curriculum of PGCP in data science covers: Python Programming Database Management & SQL Data Visualization & Business Intelligence EDA & Feature Engineering Statistical Techniques for Data Science This certificate program suits working professionals with computer science, mathematics, and statistics to specialize in Data Science. Individuals in leadership roles in business companies can pursue this program to understand data-driven decisions. Technical SkillsPython and R Statistical and Mathematical ModelingPredictive modeling and pattern recognitionNon-Technical SkillsData EthicsCommunication SkillsBusiness Acumen Also Read: Career options after an MBA in Data Science Bringing out the difference between business analytics and data science programs In the world of analytics, two terms often create confusion among students and working professionals: data science vs business analytics. 01. Curriculum components Business Analytics: These programs cover statistics, data visualization, predictive modelling, and business intelligence. Data Science: Data science contains courses in statistical and computational techniques along with mathematics, programming, machine learning, and data mining. 02. Analytical methodologies and tools Business Analytics: The course helps learn statistical techniques and tools such as Excel, SQL, and Tableau to analyze data and improve decision-making. Data Science: Recent graduates or employees learn programming languages like Python or R and machine learning algorithms and techniques in the data science program. 03. Career opportunities Business Analytics: The professionals are employed as business analysts, marketing analysts, operations analysts, or data analysts. Data Science: Working professionals get roles like data scientist, machine learning engineer, data engineer, or research scientist. 04. Skill sets developed Business Analytics: The program puts a strong emphasis on data analysis, statistical modelling, data visualization, and business acumen. Data Science: The program equips individuals with a foundation in mathematics, statistics, programming, machine learning, data manipulation, predictive modeling, and visualization. Overlapping areas and synergies of Business Analytics & Data Science Business Analytics and Data Science rely on statistical analysis, data visualization, and machine learning algorithms. It necessitates proficiency in Python or R, databases, and data manipulation techniques. Both programs teach data mining, predictive modeling, and optimization. Both fields have wide-ranging applications across finance, healthcare, marketing, and supply chain management industries. It bridges the gap between data analysis and business strategy and provides valuable recommendations to organizations. The Business Analytics programs use data analysis techniques to solve real-world business problems. In contrast, Data Science programs emphasize the technical skills to collect, clean, and analyze large datasets. Also Read: Will a Business Analytics program help in switching careers? Factors influencing choice: Business Analytics or Data Science? Business analytics equips individuals to make significant decisions due to their knowledge of business processes. Organizations need employees proficient in analyzing market trends and creating data-driven solutions. Both business analytics and data science are in high demand in finance, healthcare, technology, and marketing. Researching the employment market and industry trends is essential to understand which field aligns better with your interests and offers better job availability and growth potential opportunities. Business analytics and data science offer excellent prospects for advancement and professional growth. Business analytics professionals often start as data or business intelligence analysts and can progress to managerial positions like data analytics managers or directors. Employees with PGCP in data science start as data scientists and can advance to senior data scientist roles, data science managers, or even Chief Data Officer positions. Future trends and evolving dynamics There has been a rise in big data and analytics in the digital industries and organizations. Professionals like business analysts or data scientists gather their knowledge to analyze different data information. On the other hand, AI and machine learning have helped employees focus more on complex datasets to interpret their results and provide valuable insights. The introduction of AI and ML has raised the demand for these professionals. There has been a growing demand for Data visualization experts who help organizations analyze complex data and communicate it in a visually appealing and easy-to-understand manner. PG programs in data science and business analytics is the best way to benefit from these trends. Why is it best to elevate your learning with MAHE? MAHE offers a range of programs to elevate your learning experience. One such program is the Post Graduate Certificate Program (PGCP) in Business Analytics. Choosing MAHE’s PGCP in Business Analytics and Data Science program opens the door to limitless possibilities and growth. The program equips you with the necessary skills and knowledge to excel in business analytics and data science. With MAHE’s reputation, industry connections, and practical approach to learning, you can see a successful and fulfilling career. Conclusion Business Analytics focuses on data analysis, marketing, and finance skills, making it suitable for those interested in business and management roles. On the other hand, PGCP in Data Science focuses on advanced data analysis techniques, machine learning, and programming, making it ideal for individuals interested in pursuing a career in data science or related fields. You can choose a program of your choice, and MAHE will help you create an excelling career in it.
MBA Data Science vs MBA Business Analytics Data plays an important role in various industries, whether analyzing quarterly earnings or conducting in-depth medical studies. It helps stakeholders make informed decisions and drive positive outcomes. The current trend suggests that data and business analytics will continue to transform how businesses operate, becoming an integral part of every organization in the future. Given the high demand for experts in this field, pursuing a Master of Business Administration (MBA) degree focusing on data science and business analytics can position students for leadership roles within this important and evolving area. Read on to learn more about these two MBA degrees. Overview of MBA in Data Science An MBA in Data Science is a two-year degree program that can be pursued by anyone who passes the basic eligibility criteria. The master’s degree course aims to teach students the knowledge and techniques to convert unstructured, semi-structured, or fully structured data into meaningful insights. These insights then assist businesses to develop or redesign their strategies and facilitate operational decision-making to devise a data-driven action plan. The subjects commonly covered in the course are Structured Query Language (SQL), Data Visualization, Predictive Analytics, Python, Marketing Analytics, Information Security in Business, and Cloud Computing. The course entails a wide range of multi-paradigm languages used for programming and coding. The knowledge and expertise gained during the course come in handy in various fields like Marketing, Finance, Consumer Goods, Education, Services Industry, etc. Overview of MBA in Business Analytics MBA in Business Analytics is a four-semester learning program for students and professionals aspiring to advance in high-growth business analytics and big data. Three major skills an individual gains through the intensive learning curriculum are: Collecting, organizing, data and performing data mining to identify patterns and trends Conducting a predictive analysis Creating data-driven strategies that drive success A business analyst is a facilitator in an organization to make business operations and systems function more seamlessly and efficiently. Business analysts possess strong critical-thinking skills that help them determine, implement, and evaluate business metrics to meet company or customer information needs. MBA Data Science vs MBA Business Analytics Comparing data science and business analytics programs can help you decide the ideal program for your career goals and inclinations. While MBA Business Analytics combines business fundamentals with data analysis to make informed decisions, MBA Data Science emphasizes statistical analysis techniques to find patterns in the data collected. Eligibility Criteria The MBA Business Analytics and MBA Data Science typically require a bachelor’s degree in BCom/BBA/BTech or any equivalent degree with a minimum of 50% (45% for reserved category) from a recognized university. Candidates awaiting results of degree examinations can also apply subject to degree submission before the course’s commencement. Skillset An MBA in business analytics helps students and professionals build a strong foundation of mathematical analytics and algorithms for data science. The program equips individuals with technical expertise by imparting a conceptual and working understanding of tools and programming languages required to translate data sources into tangible solutions. Conversely, through a master’s in data science, an individual learns the fundamentals of business economics necessary for decision-making, business analytics, and statistics. Additionally, the candidate gains leadership and team management skills that help them lead and work with cross-functional teams. Curriculum The MBA in Business Analytics course curriculum covers business fundamentals while training you to consider business from a data-driven perspective. Modules typically entail the following topics in detail: Managerial Economics Data Modeling Statistical Analysis Business Intelligence Legal and Ethical Aspects of Analytics Corporate Communication Project Management Risk Management Predictive Analysis On the other hand, the course curriculum for an MBA in data science typically entails data-focused topics like: Database Management Social Media Analytics Data Mining for Business Analytics Data Science in Markets Marketing Analytics Regression Analysis Career Opportunities With the growing demand for professionals with knowledge and expertise in data analysis, career opportunities in business analytics are witnessing a boom. Some of the most lucrative job opportunities with an MBA in business analytics include the following: Business Analyst These are professionals responsible for improving a company’s processes, products, services, and systems. They identify what’s technologically and financially feasible to propel an organization’s growth and success. A business analytics job has relevance in almost every field, including e-commerce, education, finance, banking, agriculture, logistics, manufacturing, etc. Data Analyst A data analyst works with the data collected through primary or secondary sources, facilitating decision-making. They conduct surveys, gather information, and convert the data in an easy-to-understand manner. HR Analyst HR analysts bring a new dimension to the role of HR, where data and insights back employee decisions. The statistical analysis thus performed helps the organization find better candidates, mitigate turnover or absenteeism, motivate the current workforce, and fix staffing issues. Additionally, MBA Business Analytics can also apply for the job roles of Marketing Analyst, Supply Chain Analyst, Financial Analyst, etc. Master’s in Data science on the other hand also promises bright career prospects, given the surging demand for skilled professionals. Some of the job roles professionals with MBA data science play in the industries mentioned above are: Data Analyst Data Scientist Data Engineer Product Analyst Machine Learning Engineer Decision Scientist Data Analyst vs Data Scientist vs Data Engineer: Job RoleData AnalystData Scientist Data EngineerResponsibility– Visualize and interpret data– Source and analyze data– Run experiments to uncover patterns and trends– Building data pipelines– Optimizing organizations’ big dataSkills– Data Visualization– Analytical skills– Data modeling– Analytical skills– Problem-solving– Data and web service integration– Knowledge of databases and data warehousesTools– SQLExcelTableau– Python– SQL– Tableau – Machine learning– Java– C++– Python– Hadoop Industries to Explore Career paths with an MBA in Data Science and an MBA in Business Analytics include opportunities in various industries, such as consulting firms, IT companies, financial institutions, e-commerce companies, healthcare organizations, retail, agriculture, banking, and marketing agencies. MBA in Data Science also finds use in the insurance, travel industry, gaming, and aerospace and defence sectors. MAHE’s MBA and Our Specializations Business professionals seeking a high-growth career trajectory with large income potential may want to consider getting their degree in data science or business analytics. Specialized MBA programs for data professionals from Manipal Academy of Higher Education (MAHE) provide essential skills in business analytics and data science. Candidates can choose between online and on-campus courses, ensuring a career-enhancing experience. The curriculum offers comprehensive training in both theoretical principles and practical data analysis applications in business contexts. Conclusion As data science and business analysis continue to grow in popularity, more companies seek MBA graduates with strong analytical skills. Choosing between data science and business analytics is difficult, as both specializations present promising career opportunities. The demand for professionals with an MBA in Business Analytics or Data Science has significantly increased. Hence, pursuing a career in any of these specializations can unlock new doors and pave your path toward your dream career.
World of forensic accounting: An intriguing field “Do you know that Fraud is costing businesses and individuals across the world US$5.127 trillion each year,” according to statistics from The Financial Cost of Fraud Report, developed by national audit, tax, advisory, and risk firm, Crowe in conjunction with the Centre for Counter Fraud Studies at the University of Portsmouth. Financial fraud can cripple businesses, devastate personal savings, and erode public trust. Forensic accounting is a crucial tool for detecting, preventing, and addressing these issues, ensuring that justice is served and financial integrity is maintained. In the battle against white-collar crime, forensic accountants are the unsung heroes who uncover hidden financial misdeeds and bring fraudsters to justice. What is forensic accounting? Forensic accounting is a specialized area of accounting that focuses on investigating financial discrepancies and irregularities, often for the purpose of legal proceedings. Forensic accountants are financial experts who use their skills to analyze, interpret, and present financial information in a manner that is admissible in a court of law. It serves as a vigilant guardian against fraud, corruption, and financial misconduct in both corporate and legal realms. Forensic accounting is one of the most recent accounting techniques in the field of accounting, and only a few people are aware of it. Through meticulous analysis and investigative skills, forensic accountants uncover hidden irregularities, providing essential evidence for legal proceedings. Also read: Best careers in accounting What does a forensic accountant do? Forensic accountants play a pivotal role in uncovering financial misconduct and providing vital analysis and testimony in legal proceedings. They investigate instances of corporate fraud, which encompass misappropriation of funds and deceptive financial reporting within companies. Their scrutiny extends to cases of embezzlement, where individuals misappropriate company funds via complex schemes, often masked to conceal the theft. Additionally, forensic accountants assess the financial health of entities facing bankruptcy or insolvency, assisting in asset recovery and creditor distribution. They also validate insurance claims, particularly in suspected fraud cases, while combatting money laundering by unveiling attempts to legitimize ill-gotten funds through financial transactions. In divorce proceedings, they help value marital assets and determine income for support calculations. Forensic accountants are also involved in business valuation, securities fraud investigations, whistleblower claims, corruption cases, tax fraud investigations, and assessing the financial consequences of data breaches, cybercrimes, and environmental damage. Furthermore, they specialize in providing expert analysis for contract disputes and tracking asset movements in cases of fraud and money laundering, aiding in asset recovery and ensuring accountability. Examples of companies deploying forensic accountants globally Numerous companies have enlisted the services of forensic accountants to investigate financial scams and fraudulent activities. Some notable examples include the Enron scandal in the early 2000s, the infamous Ponzi scheme orchestrated by Bernie Madoff, WorldCom, where the company inflated its assets and earnings, leading to one of the largest bankruptcies in the United States. Parmalat, an Italian dairy and food corporation, was also embroiled in a massive accounting scandal, Adelphia Communications, a cable television company, encountered a corporate fraud scandal in the early 2000s. Steinhoff International, a global retail holding company, faced allegations of accounting irregularities is a massive financial scandal, and many more. All these companies employ forensic accountants to investigate financial scams, fraud, and accounting irregularities and uncover fraudulent financial reporting. India also has seen its fair share of corporate scandals, including the Satyam Computer Services scandal, the Kingfisher Airlines financial troubles, and the IL&FS crisis. The field of forensic accounting is essential in restoring financial integrity, holding responsible parties accountable, and ensuring transparency and compliance with financial regulations. Forensic accountants have played pivotal roles in uncovering financial misconduct and bringing those responsible to justice. Check out: Finance vs accounting: Which one’s right for you? Forensic accounting in India The regulatory environment in India is evolving to address financial fraud and misconduct. The Companies Act 2013 and the Insolvency and Bankruptcy Code 2016 have provisions that empower forensic accountants to investigate and report on financial irregularities. Forensic accountants are employed by banks and financial institutions to investigate loan defaults, financial fraud, and embezzlement cases, contributing to asset recovery and risk mitigation. As responsible representatives, even the Government, public sector companies, and other industries have started creating awareness about financial fraud via various print and non-print media. Assorted professional organizations such as the Institute of Chartered Accountants of India (ICAI) and the Institute of Cost Accountants of India (ICMAI) offer certification and training in forensic accounting. In fact, Forensic accountants in India are increasingly leveraging technology, data analytics, and digital forensics tools to investigate financial irregularities more efficiently. Importance of forensic accounting The above examples across the world underline the burgeoning importance of forensic accounting, revealing intricate financial irregularities, ensuring accountability, and providing vital expert analysis for legal proceedings. The field of forensic accounting is essential in restoring financial integrity, holding responsible parties accountable, and ensuring transparency and compliance with financial regulations. By now, you might think forensic accounting the same as auditing. While both forensic accounting and auditing involve the examination of financial records, their purposes and methods differ significantly. Auditing is a routine procedure to provide assurance of the accuracy of financial statements, and forensic accounting is an investigative process used to uncover financial irregularities and provide evidence for legal purposes. To summarize, it is like a detective position in forensic accounting, where accountants deal with numbers rather than criminals. Gain a deeper understanding of modern accounting methods through commerce degrees Contemporary techniques in accounting have evolved to keep pace with changes in technology, business practices, and regulatory requirements. These techniques help accountants and finance professionals improve the accuracy, efficiency, and effectiveness of financial reporting and analysis. To learn more about the ongoing digital transformation of the accounting profession, enroll yourself in BCom/ MCom courses, as they will help you gain better understanding of the various online fund platforms. The Directorate of Online Education, Manipal University Jaipur, offers UGC entitled online BCom and MCom courses for those interested in learning accounting and finance. Candidates enrolled in Manipal University Jaipur’s online Commerce program can take advantage of the program’s flexible schedule, excellent faculty, and extensive course material. Check out: Top highest paid jobs for commerce graduates in India
Why must a marketing professional do an MBA? Marketing is a critical component for carrying out business operations, including different strategies and customer perceptions. It drives profit for the organization using data and makes informed decisions. Businesses across several sectors rely on marketing professionals to create public awareness about their brands and increase sales. The demand for these professionals is expected to increase by 10% by 2030. Marketing skills help professionals create websites, lead strategies, and emerge from traditional marketing roles. They teach them fundamental values to connect with people, brands, and businesses. Manipal Academy of Higher Education offers an online Master of Business Administration (MBA) in Marketing for these professionals. The program helps individuals succeed in marketing, perform data analysis, and understand brand management. Let’s learn more about the MBA in marketing for professionals in marketing! Also read: Which is better: MBA in finance or marketing? Advancing Your Career Marketing career growth with an MBA: Brand ManagerDevelops innovative brand development strategiesOversees marketing activitiesBusiness Development ManagerAnalyzes growth and market trendsPrepares strategies to improve brand reputationCorporate Sales ManagerStrategizes and increases product salesBuilds brand awarenessMarket Research AnalystCollects market-related dataResolves market-related problems The Indian economy has advanced because of foreign trade and increased demands for marketing professionals. According to the Bureau of Labor Statistics in India, the demand for professionals through 2022-2032 is expected to grow 6% more. Also read: Mindful marketing and emotional well-being: A customer-centric approach of brands Developing a Strong Skill Set Below are the advantages of pursuing an MBA in marketing: An MBA in Marketing is an investment for working professionals seeking a higher-level position in marketing. Individuals develop leadership skills through the program to inspire team members and collaborate with different brands. The program requires professionals to complete various projects and assignments, which helps them handle cross-functional teams and interact with their colleagues. Marketing is not limited to advertisement or branding but includes developing strategies to reach the target market. It helps professionals achieve business objectives and emphasizes strategic planning by analyzing market trends. Professionals also learn how to lead campaigns and manage teams. All these different skills help working professionals think critically while making informed decisions. These skills are valuable in marketing professions, too. For example, a company wants to launch a new product. Here, the marketing professional analyzes the market and identifies the target audience. Their leadership skills help them coordinate product development, sales, and finance. Their analytical skills help them analyze customer tastes and preferences to target ads. Staying Competitive in a Dynamic Field The marketing industry is never constant because market trends evolve daily; professionals pursue MBA programs to stay relevant to the changes. Let’s see MBA vs experience: Enhancing marketing career: The program exposes professionals to cutting-edge research and case studies. It includes real-world examples and projects to analyze marketing strategies. Marketing decisions are data-driven, and professionals should interpret and leverage this information. The program teaches data analytics and market research to understand consumer behavior. MBA programs create a dynamic environment for vast networking opportunities for professionals. They can participate in discussions and collaborations to gain different perspectives and insights. Consumer preferences and habits change constantly, and marketing professionals should adjust their strategies. Consumer behavior and market segmentation courses help them develop innovative and targeted campaigns. Building a Professional Network MBA programs attract individuals from diverse backgrounds, industries, and cultures. Collaborating on projects, participating in group discussions, and engaging in extracurricular activities with others lead to future partnerships, job referrals, and industry insights. Building relationships with professors may lead to research opportunities, internships, and recommendations for job placements. Alumni can offer valuable advice, mentorship, and job opportunities. Many MBA programs organize events, such as alumni panels and networking mixers, where current students can connect with alumni. Gaining Industry-Specific Knowledge The two-year postgraduate program provides core business skills and real-world learning examples to working professionals. There are different specializations under the course like: Marketing management Consumer and brand insight strategy Operations management Forecasting, modeling, and marketing strategy Digital marketing and social media management Students learn about the psychological and sociological factors influencing consumer decision-making, enabling them to develop effective marketing strategies. For example, consumer segmentation, targeting, and positioning help marketers identify specific consumer groups. Branding and brand management explore brand positioning, equity, and extensions. Professionals can study successful brand campaigns like Nike’s “Just Do It” or Apple’s “Think Different” to understand their communication strategies and values with their target audience. Entrepreneurial Opportunities An MBA program provides marketing professionals with in-depth knowledge of various business models, market analysis, and strategic planning. They learn the fundamentals of financial management, like financial analysis, budgeting, and forecasting. It helps them manage cash flow and evaluate investment opportunities in their startups to make informed financial decisions. Moreover, the advertising and campaign classes equip professionals with a strong knowledge of brand management and digital marketing techniques. The ROI of an MBA in marketing for marketing experts is higher than other specializations because of its dynamic nature. Startup owners need leadership, management, communication, and problem-solving skills, which the MBA program provides. It exposes them to real-world business scenarios, case studies, and entrepreneurial projects. It fosters creativity, innovation, and the ability to think strategically. Some success stories of MBA marketing professionals: PersonEducationMichael BloombergMBA from Harvard Business School. He founded Bloomberg LP.Phil KnightMBA from Stanford Business School. He founded Nike, Inc.Elon MuskMBA from Wharton School of Business. He founded Tesla Motors and SpaceX. Balancing Work and Education Always choose MBA programs with maximum flexibility, such as part-time, online, or executive programs. Develop a list allocating specific time slots for work, studying, attending classes, and personal activities. You can access course materials anywhere in an online or part-time MBA program. Avoid procrastination and utilize time management techniques such as the Pomodoro Technique or creating to-do lists to stay focused and productive. Moreover, caring for your physical and mental well-being will help you remain energized, focused, and motivated. How an Online MBA Helps Marketing Professionals The online MBA program provides 24/7 access to course materials, allowing students to learn conveniently. The program provides a comprehensive understanding of marketing principles, consumer behavior, market research, and digital marketing strategies. Online programs often have lower tuition fees, and students can save on commuting and accommodation. Moreover, working professionals can continue earning their regular income while pursuing their education, reducing the financial burden of full-time study. Conclusion Take the next step toward advancing your career in marketing by enrolling in the MBA in Marketing from MAHE. Working professionals will gain the knowledge and skills needed to excel in dynamic marketing. Whether you want to enhance your current marketing role or transition into a new marketing career, this program will provide you with the tools and expertise to succeed.
Overcoming common placement challenges: Tips for success Securing a placement, internship, or co-op position is often the first significant step toward a promising career that presents an opportunity to bridge the gap between academic learning and practical experience. However, the path to placement success can be laden with hurdles. The journey can be daunting, from finding the right opportunity amidst a sea of options to crafting a standout application and navigating nerve-wracking interviews. This blog addresses the most common placement obstacles and provides professional advice on how to surmount them. Read More: How placement training can help you choose the right career path Common placement challenges Let’s look into some of the common placement challenges and see how they might affect your chances of landing a job. Finding the right placement opportunity Finding an ideal placement opportunity may be the very first, and for many, the most complicated challenge on their way to a thriving career. This is especially true for freshers as lack exposure and might find it difficult to make the right calls. Crafting an impressive application The application phase is where you introduce yourself to potential employers on paper and the opportunity for a good initial impression. Hence, its important to create a standout application, the lack of which might significantly affect your chances. Navigating the interview process The interview stage is a pivotal moment in your placement journey. Lack of preparation, especially on background of the potential employer, the skills required and the roles and responsibilities and other requirements can often result in unsatisfactory performance. Overcoming rejection Rejection is an indispensable part of the placement procedure, but how you handle it makes a big difference in your career trajectory. It is important to understand the shortcomings and prepare for the next one. Also Read: Importance of career readiness in online education: How placement drives can help Tips to overcome these challenges While there are placement challenges, with proper planning and preparation you can overcome them. We’ve shared a few tips that will help you. 1: Define your goals Spend some time defining your career objectives and goals before you even start your search. What do you hope to accomplish through this placement? Do you want to hone specific abilities, explore a certain industry, or join an organization with a particular culture and values? Clarity in your goals will be your guiding star as you sift through countless options. 2: Leverage online resources The digital age has revolutionized the job search process. Online platforms, such as job boards, company websites, and specialized career websites, offer a vast pool of placement opportunities. Use precise keywords related to your field and interests to make the most of these resources. This will help narrow down the search to positions that align with your aspirations. 3: Network effectively Networking is a powerful tool in the placement search. Attend employment fairs, industry events, and networking conferences. Engage in informational interviews with professionals in your desired field. Building meaningful connections can lead to unadvertised placement opportunities and provide invaluable insights into the industry. Networking is not just about who you know but also about who knows you. 4: Seek guidance from career services Most educational institutions offer career services with professionals who specialize in assisting students and graduates in finding placements. These experts can provide personalized guidance, review your application materials, and connect you with potential placement opportunities. Read More: How to get your first job: A guide to placement training for freshers 5: Tailor your resume Tailoring your resume is an essential step in the application process that involves customizing your resume for each specific job application. Start by carefully selecting and highlighting experiences, skills, and achievements that directly relate to the job in question. Quantify your accomplishments whenever possible, using numbers and metrics to showcase your impact in previous roles. Ensure a professional format with clear headings and bullet points for easy readability. Lastly, incorporate keywords from the job description to increase your chances of passing through automated ATS (Applicant tracking systems). A well-tailored resume demonstrates your genuine interest and suitability for the position. 6: Write a compelling cover letter A compelling cover letter complements your resume by allowing you to convey your enthusiasm and personality. Personalization is key; craft a unique letter for each application, addressing it to the hiring manager if possible. Highlight your fit for the role by explaining how your skills align with the job requirements. Express genuine enthusiasm for the company by researching its values, mission, and recent achievements. Keep the cover letter concise, well-structured, and free of errors. Conclude by summarizing the unique value you bring to the organization. A compelling cover letter sets you apart and underscores your commitment to the role and company. 7: Prepare thoroughly Comprehensive preparation is the foundation of a successful interview. Begin by thoroughly researching the company’s history, culture, products or services, and recent news or developments. Understand the job description and identify the specific skills and qualifications the company seeks. Anticipate common interview questions and formulate thoughtful, structured responses. Consider conducting mock interviews with a mentor or career advisor to refine your answers and boost your confidence. The non-verbal indicators of your body language, including your posture, eye contact, and hand gestures, must be practiced since they are crucial in making a favorable first impression. 8: Showcase your soft skills Although technical skills are important, don’t undervalue the importance of soft skills when applying for jobs. Interviewers frequently evaluate your capacity for clear communication, teamwork, adaptability, and leadership. Give instances from real life to demonstrate your soft abilities. Discuss situations where your communication skills resolved conflicts or led to successful collaborations. Emphasize adaptability by sharing experiences where you quickly adjust to new challenges. Your ability to articulate how your soft skills have contributed to your previous successes can set you apart from other candidates. 9: Ask thoughtful questions As the interview progresses, you’ll typically have the opportunity to ask questions of your own. This is not only a chance to gain insights into the company but also a valuable way to showcase your genuine interest and engagement. Prepare thoughtful questions that reflect your research about the company and role. Inquire about the team dynamics, the company’s long-term vision, and opportunities for professional growth. Avoid questions that solely focus on compensation and benefits, as these can be addressed later in the process. Your questions should convey your eagerness to contribute to the company’s goals and learn from the experience. 10: Seek feedback Rejection might be discouraging, but it can also be a great learning opportunity. Never be reluctant to ask the employer or recruiting manager for feedback. Constructive criticism can provide insights into areas where you may need improvement. It might be related to your application materials, interview performance, or qualifications. When seeking feedback, approach the conversation with professionalism and a genuine desire to learn. Be open to constructive criticism and use it as a tool for self-improvement. 11: Stay persistent Persistence is key in the face of rejection. It’s critical to keep in mind that failures are an inevitable part of every career path. Do not let one failure prevent you from pursuing your objectives. Consider it instead as a learning opportunity that could help you get closer to landing your ideal career. Continue to apply to several positions, refine the application materials, and tweak your approach in response to feedback. Stay resilient and maintain your enthusiasm. Often, the candidates who demonstrate unwavering determination and a willingness to learn from setbacks ultimately secure the most rewarding placements. During this phase, consider seeking support from mentors, career advisors, or support networks. They can offer guidance, share their own experiences with rejection, and encourage you to stay motivated. Also Read: Preparing for success: The key steps in placement training Wrapping Up To sum up, the placement process may seem demanding, but by heeding these thorough pointers, you can enhance your prospects of success. Keep in mind that securing a placement doesn’t just mean finding any opportunity; it also means seeking the one that complements your professional objectives and aspirations. Continuously improve your application materials, hone your interview skills, and stay resilient in the face of setbacks. Your dedication and persistence will pay off as you progress toward your desired career path. Online Manipal helps all learners who have enrolled in different online courses on Online Manipal are provided with rigorous placement training activities including interview preparation, skill enhancements, resume building, and industry-readiness sessions to help them overcome placement challenges and make them face interviews confidently.
Building a personal brand for professional success In the contemporary professional landscape, the concept of personal branding has evolved from a buzzword to a strategic imperative. It takes an effective personal brand to stand out, advance in your profession, and achieve long-term fulfillment. It goes beyond a catchy logo or an appealing Instagram profile; it entails your credibility, values, area of expertise, and how you portray yourself to the world. This blog explores the key steps to build a powerful personal brand that can propel you toward professional success. Read More: Preparing for success: The key steps in placement training Key steps to build a powerful personal brand There are various points to keep in mind when you decide to build your personal brand. These include from how you intend to present your personal brand to your target audience, what sets you apart, to ensuring how you remain relevant with changes. Let’s explore these step-wise. Self-reflection Self-reflection, the foundational step in personal branding, involves a deep examination of your values, passions, strengths, and aspirations. Consider the following queries for yourself: What are my core principles and values? What aspects of my professional life captivate me? What distinguishes me from other experts in my field? What are my draws and limitations? What are my immediate and long-term professional objectives? You may sustain the consistency of your personal brand throughout your career by making choices that are true to who you are by having a solid comprehension of your driving principles and values. Define your niche Identifying a niche within your industry is a strategic move. Don’t be a generalist; focus on a niche where you can establish yourself as an expert. Consider the following when determining your niche: Which topics or domains of your field appeal to you? What unique skills or achievements do you have that set you apart? What problems or challenges can you specialize in your niche that others may not be addressing effectively? You become more valuable as a result of your specialization, and it additionally makes it easier for others to recall you and recommend you. Also Read: How to get your first job: A guide to placement training for freshers Develop a unique selling proposition (USP) Your USP (Unique Selling Point) sets you apart from others in your niche and makes people choose you over your competitors. To develop your USP, consider what unique skills, experiences, or perspectives you bring to the table. Communicate this clearly in your branding materials. Asking yourself the following questions may assist you in developing a compelling USP. What unique skills or areas of expertise do I hold that are in demand in my niche? How can I address my target customer base’s specific issues or demands? What distinguishes me from other professionals in my industry? Your USP should be compelling, succinct, and resonate with your target audience. It should also serve as the core point for your personal brand. Create a professional online presence In the digital age, your online presence is your calling card. It’s where potential employers, clients, or collaborators will first encounter your personal brand. Ensure your online presence reflects your personal brand effectively. Here’s a more detailed breakdown: LinkedIn: Create a professional and complete LinkedIn profile. Highlight your achievements, expertise, and your USP in your summary. Website/Blog: Consider creating a personal website or blog to showcase your expertise. Regularly share valuable content related to your niche. Social media: Participate in social media platforms that are pertinent to your line of work. Share your thoughts, interact with others, and present a consistent, professional image. Craft a compelling personal brand statement A succinct personal brand statement encapsulates your identity, your work, and your motivations. Here’s a template for crafting one: “I am a [Your Profession] with [X years of experience] in [Your Niche]. My passion for [Your Passion] drives my work, and my unique perspective on [Key Insight] sets me apart. I am dedicated to helping [Your Target Audience] achieve [Desired Outcome] by [Your Approach].” Incorporating your values and passion into your statement adds depth and authenticity to your personal brand. Your statement not only displays expertise but also connects emotionally with your audience by demonstrating your genuine passion for what you do. This connection can make your brand more relatable and memorable, ultimately building trust and forming stronger bonds with those who share similar values and passions within your professional network. Read More: Importance of career readiness in online education: How placement drives can help Network strategically Strategic networking involves purposefully connecting with individuals and groups who can help you advance your career, share valuable insights, or collaborate on projects. Rather than collecting a vast number of contacts, it’s about cultivating meaningful relationships. Consider the following strategies for strategic networking: Attend industry events, conferences, and seminars. Join online groups, forums, and communities related to your niche. Actively engage in conversations, share your insights, and offer assistance. Seek mentors or experts who may provide direction and assistance. Strategic networking is a two-way street. By offering value, sharing your knowledge, and being genuinely interested in others’ success, you can establish a strong professional network that not only supports your personal brand but also creates mutually beneficial opportunities for growth and collaboration. Consistency is key Consistency in personal branding is a fundamental principle that underpins a strong and reliable professional identity. Consistency ensures that every interaction and representation of your personal brand aligns with your intended message and values. This applies to your online presence, offline interactions, and the quality of your work. When your personal brand is consistent, it builds trust and reliability with your audience. They know what to expect from you, and this predictability fosters a sense of dependability and professionalism. Consistency is not just about visual elements, such as using the same logo or colors. It also extends to your tone, behavior, and the values you uphold. Maintaining consistency across all aspects of your personal brand creates a cohesive and trustworthy image that reinforces your professional success over time. Monitor and adapt Continually monitor and adapt your personal brand to remain relevant and effective in a dynamic professional environment. Monitoring involves regularly assessing how your personal brand is perceived online and offline. Ask peers, mentors, or coworkers for feedback for insightful information on how your brand resonates with your target audience. Utilize analytics and metrics to gauge the impact of your online presence and content. Adaptation is essential because the professional landscape is ever-changing. Industry trends, technologies, and audience expectations evolve; your personal brand must evolve with them. Be open to refining your messaging, updating your skills, or even pivoting your niche if it aligns better with your goals and the market’s demands. Also Read: What are the 10 commonly made mistakes in interviews? Leverage your personal brand Your personal brand is valuable; leverage it to create new opportunities and reach your career goals. Your personal brand becomes a magnet for opportunities, attracting job offers, collaborations, and speaking engagements when it resonates with your target audience. Moreover, it positions you as an expert in your niche, leading to invitations to contribute to industry publications and speak at conferences. This visibility sets you apart, increasing the likelihood of referrals and top-of-mind consideration for relevant opportunities. A strong personal brand can also enhance your negotiating power, resulting in better compensation and project terms. Over time, it becomes an integral part of your professional legacy, influencing how you are remembered in your industry. Leveraging your personal brand requires strategic networking, actively pursuing aligned opportunities, and consistent reinforcement of your brand identity, all of which contribute significantly to your professional growth and achievement. Stay authentic Authenticity entails aligning your personal brand with your core values, beliefs, and true self. It acts as the cornerstone of trust within your professional network. When your personal brand is an authentic representation of your genuine identity, it cultivates credibility and ensures long-term career satisfaction. Authenticity also facilitates meaningful connections, as individuals are naturally drawn to those who exhibit sincerity and transparency. Embracing authenticity within your personal brand not only garners trust and credibility but also engenders a sense of fulfillment and fosters enduring, substantial relationships within your industry. Read More: How placement training can help you choose the right career path Wrapping up In conclusion, building a personal brand for professional success is an ongoing journey of self-discovery, specialization, online presence development, networking, and consistent branding. Your personal brand should reflect who you truly are and the impact you aim to make in your field. You may build a personal brand that boosts your career and imparts your professional life fulfillment and purpose by adhering to these specific guidelines and remaining authentic. The placement services from Online Manipal help students craft a better personal brand and help them land jobs that can help them grow professionally.
Online Manipal welcomes Sikkim Manipal University’s 1st batch of online students! Online Manipal proudly welcomed the first batch of online students of Sikkim Manipal University through a virtual orientation. The orientation program provided a chance for students from different locations to engage with fellow learners and course coordinators, who will support them throughout the online program. Air Vice Marshal (Dr) Dilip Chandra Agarwal, VSM (Retd) takes pride in SMU’s entry to the online learning space The virtual orientation kickstarted with a welcome speech by Air Vice Marshal (Dr) Dilip Chandra Agarwal, the Vice Chancellor of Sikkim Manipal Manipal University. He took pride in welcoming the first batch of online students of SMU, who will now become a significant part of Manipal legacy. “Our online degree programs are designed to provide you with quality education with a contemporary curriculum, that not only equips you with knowledge and skills demanded by the ever-evolving job market, but also fosters critical thinking and creativity,” he said. Dr Sourav Dhar, Director- Center for Distance and Online Education, SMU, promises to enhance your learning journey Dr Sourav Dhar, the Director – Center for Distance and Online Education, Sikkim Manipal University, highlighted the role of SMU in building future leaders. He asserted that the online students will now become a part of the 6,00,000-member alumni network of SMU. He assured that the online degrees offered by SMU will empower learners to upgrade and upskill themselves to become leaders. “As we slip into a new journey, you will get in touch with renowned faculty members and connect with peers from different backgrounds,” he added. What learners get by choosing SMU’s online degrees With over 27 years of academic excellence, Sikkim Manipal University has entered the online learning space to bring education to learners’ doorstep. Here’s how SMU is driving the change in the lives of learners through the online degree programs. UGC-entitled degrees Learners get access to Sikkim Manipal University’s UGC-entitled degrees which are recognized at par with on-campus degrees, from a NAAC A+ accredited university. Also, backed by the Manipal Group with over 70+ years of educational excellence, these online degrees can add great value to learners’ professional journey. Advanced learning management system (LMS) In online programs, advanced learning management systems become very essential as it is the primary source of learning. With SMU’s online degrees, learners get access to an LMS that provides flexibility of time, pace, and schedule. Learners will get access to faculty-led interactive video sessions, mobile-friendly digital self-learning material, and discussion forums to interact with your peers and faculty. From fresh graduates and working professionals to entrepreneurs, SMU’s online degrees allow learners to elevate their careers. Diverse classroom Virtual classrooms are generally more diverse in nature than physical classrooms, and online learners at SMU get the opportunity to interact with peers from different parts of the world. This enables learners to meet professionals from varied backgrounds, allowing them to expand their professional network. Prestigious Manipal alumni status Pursuing an online degree from Sikkim Manipal University allows learners to become a part of the prestigious Manipal alumni status. Wrapping up After a legacy in distance education programs, Sikkim Manipal has launched two online undergraduate programs- Bachelor of Arts (BA) with combination of English, Political Science & Sociology and a Bachelor of Commerce (BCom), along with five postgraduate programs- Master of Arts (MA) in English, Master of Arts (MA) in Political Science, Master of Arts (MA) in Sociology, Master of Commerce (MCom) and Master of Computer Applications (MCA). Sikkim Manipal University is all set to create a significant milestone in the digital space, empowering learners to become future leaders. Explore Sikkim Manipal University’s online programs here.
Online Learning from Universities vs. Individual Learning from Free Resources Gone are the days when students and working professionals depended only on university education through online classes. Today, individuals can learn at their own pace by accessing online degrees from institutions or free online resources independently. However, as digitization progresses rapidly, the world is undergoing a debate surrounding the two education paths. Online university courses have a formal learning structure because national bodies accredit them. The programs are delivered through virtual classrooms by experienced faculty members or instructors. Students in the university courses follow a comprehensive curriculum, assessment, and opportunities for getting certificates. Conversely, free resources and certifications on the Internet help students learn valuable information inexpensively. However, when choosing one of the courses, students compare their credibility and learning experiences. The decision between the two courses depends on the learner’s objectives, time management, and finances. Let’s delve into the details of online vs individual learning comparison. Also read: Tips for recent graduates to land their first job – Online Manipal The Benefits of Online Learning from Universities Here are the benefits of formal education vs self-learning: University online learning courses have a formal structure for different student levels. Students can access the courses and obtain the degree program in any discipline they choose to pursue their careers. Online courses offer credibility and recognition of the degree, meeting industry standards. Accessibility to expert faculties helps students gain knowledge and interact with renowned professors. Online learning facilitates relationships between students and teachers during virtual office hours, email communication, or discussion boards. Students can engage and collaborate easily with their classmates through online forums and group projects, fostering a sense of community. Students getting university degrees tend to get more jobs with higher salaries than individuals with high school diplomas. In India, 45% of graduates are employed in technical jobs, and 53% are in non-technical jobs. These people get job stability and career advancement with the online learning degree. The Benefits of Individual Learning from Free Resources Free resources help students access course materials from websites, online platforms, and educational institutions. There are endless options, from coding and digital marketing to photography and foreign languages. These resources are more cost-effective than traditional educational degrees. Eliminating financial barriers helps students explore different fields of interest and enhance their professional development. It encourages working professionals to experiment with subjects without fearing wasting or losing money. Self-guided resources enable individuals to tailor their learning pace to their needs and preferences. Also read: Hear from our learners: How Online Manipal has trained them to face placements Limitations of Individual Learning from Free Resources Those looking to expand their knowledge and skills can access many resources, whether online courses, tutorials, or forums. However, it’s essential to recognize the limitations of individual learning from these free resources to make the right decision. Free resources are easy to learn and provide valuable information, but often, their curriculum is inappropriate. Learners find it difficult to study the topics in proper order due to the lack of structure. It can lead to a fragmented understanding of the subject and hinder progress. It can be difficult to distinguish reliable sources from unreliable ones. Misinformation can lead to misconceptions, incorrect knowledge, and financial losses, harming the learning process. Learners must evaluate the credibility of their resources and seek out reputable sources. Students lose focus and procrastinate without a formal learning environment or deadlines. Moreover, the absence of feedback or evaluation can make it challenging to measure progress and identify areas for improvement. Without external accountability, learners must find ways to stay motivated and set goals for themselves. However, there are ways to overcome these challenges and maximize individual learning from free resources. Outline a clear learning path and set specific goals for yourself. Break the subject matter into manageable portions and allocate time for each topic. Take the time to research and find reliable resources. Look for courses or tutorials created by experts in the field or trusted educational institutions. Utilize online reviews or recommendations from trusted sources to ensure the quality of your resources. Find ways to assess your progress and receive feedback on your work. It could involve seeking mentors or experts in the field who can provide guidance and evaluation. Moreover, consider participating in online challenges or competitions that provide opportunities for feedback and recognition. While individual learning from free resources has limitations, it can still be valuable for personal and professional growth. Take advantage of the wealth of free resources available, but remember to approach them with a critical mindset and a proactive approach to learning. Also read: Motivate yourself while pursuing an online degree! Why must one consider MAHE for online education? MAHE is renowned for its commitment to providing quality education. It has been consistently ranked among the top institutions in India and has gained recognition globally for maintaining a balance of self-paced learning vs structured curriculum. With MAHE’s online programs, you can design your study schedule to fit your needs and balance your education with other responsibilities. MAHE offers various online programs in business, healthcare, technology, and other fields. Moreover, our online programs are designed to provide a comprehensive and interactive learning experience. We ensure students receive a high-quality education through advanced technology and innovative teaching methods. Students can access virtual classrooms, online libraries, discussion forums, and interactive learning materials to enhance their learning experience and facilitate a better understanding of the course material. The institute’s faculty members are experts and bring a wealth of experience to the virtual classroom. They are committed to providing personalized support and guidance to students to help them succeed in their studies. Conclusion In conclusion, university vs free resources for education have unique advantages. However, online university learning offers a more comprehensive and structured approach to education. It has expert guidance and support, access to various resources, and the opportunity to earn recognized qualifications. In contrast, individual learning from free resources can be flexible and tailored to personal interests and needs.
