Top 11 HR Activities: A Basic Guide The most important asset of an organization is its human resource, i.e., its employees and workers. The Human Resource Management activities include the activities of recruiting, training and development, performance appraisal, compensating, rewarding, and ensuring the safety and welfare of the human resource. In this article, we will see the top hr activities. LIST OF TOP 11 HR Activities Alignment and integration of organization plan with the Human Resource requirements Planning of Human Resource Recruitment of Human Resource Regular evaluation and monitoring of performance Taking steps to keep the employees motivated Training and Development Rewards and Compensation Ensuring safety and well being of the employees Organization Development Involving the employees in the decision-making process Providing job security and growth opportunity to the employees 1. Alignment and integration of organization plan with the human resource requirements The top-level management must ensure that the HR activities and requirements are considered while preparing the organization plan to achieve the organization’s overall objective. The integration of the plan with human resource requirements is essential because the execution of plans in their intended manner depends on the effectiveness and efficiency of the human resource. 2. Planning of human resource Human resource is a vital factor of an organization that needs planning for its procurement and deployment. The dynamic business environment where the technology is bringing new changes in the organisation’s way of working has made it necessary to plan HR activities properly. The HR management must anticipate the kind of human resource needed by the organization and accordingly plan for the procurement criteria, salary, training and development, appraisal, performance bonus, promotion and other benefits to applying to its human resource. 3. Recruitment of human resource The organisation’s employees must be carefully recruited as their performance is directly linked with the organisation’s success. The HR activities include conducting a recruitment process for selecting the most eligible candidate who can add value to the organization. The human resource management activities include a personal interview, aptitude test and other methods to evaluate the knowledge, learning ability, leadership qualities, teamwork spirit and other parameters. 4. Regular evaluation and monitoring of performance Another core human resource management activity is to keep a check on the performance of the employees continuously. The HR management shall perform activities to monitor and compare the employees’ performance and the target performance and take corrective actions to fill the gap. The flow of communication and information among the management and employees shall be free to achieve better and timely results. 5. Taking steps to keep the employees motivated Human resource management activities shall also focus on maintaining and increasing the motivation level of the employees. The employees shall be timely, rewarded for achieving targets within the predetermined deadlines. Monetary benefits such as bonuses, incentives, promotion, and non-monetary benefits like the best performance award, recognition, and creative innovation can keep the employees motivated to give their best for the organization. 6. Training and development The continuous updating of the knowledge and skills of the organisation’s human resource is an important factor for its success in the long run. The development of human resource is an important activity performed by human resource management. Regular training of employees enables them to actively update themselves with the changing needs of the business environment. 7. Rewards and compensation Employees shall be adequately rewarded for their efforts through justified salary, bonus, incentives and other monetary benefits. Non-monetary benefits like the best performance award, recognition to creative innovation, trophies can keep the employees motivated to give their best for the organization. This human resource activity is crucial as if the employees are not happy with the compensation and benefits that they receive for their work, and then it can adversely affect their performance. 8. Ensuring safety and well-being of the employees The human resource management shall perform all activities which are necessary for ensuring the safety and well-being of its human resources. It is the organisation’s responsibility to provide a healthy and safe work environment, proper safety measures for work that require exposure to hazardous situations and adequate health care facilities for the employees and their families. 9. Organization development This management activity involves preparing a strategy as per the nature and size of the organization to build a working environment where employees can give their best efforts. Effective coordination and cooperation among the human resources employed at different levels of the organization results in the development of both the employees and the organization. 10. Involving the employees in the decision-making process The management shall keep the employees well informed about the organization’s functioning so that they can effectively participate in the decision- making process. The support of the employees’ union can help in encouraging the participation of skilful employees in decision making. 11. Providing job security and growth opportunity to the employees Human resource management is necessary for the organisation’s growth, but it should also contribute to the professional development and growth of the individual employees. Must read: Navigating the modern HR landscape with HR analytics Why should you enhance your HR capabilities with MSc in Business analytics from MAHE? Pursuing an MSc in Business Analytics from MAHE helps HR professionals’ become data-driven decision-makers along with boosting their competitiveness and career growth, while also providing cost-saving and strategic HR benefits in the rapidly evolving field. This program offers the opportunity to gain a global perspective, valuable networking, and continuous learning in HR analytics. Enhancing your HR capabilities with an MSc in Business Analytics from MAHE can be a strategic move to adapt to the changing landscape of HR and data-driven decision-making, offering personal and professional benefits, including career advancement, skill development, and a deeper understanding of HR processes. It’s essential to evaluate your career goals and the specific offerings of the program to determine if it aligns with your objectives. CONCLUSION An honest, hardworking and skilled employee is the most valuable asset of an organization. Thus, HR activities must be planned and performed in a manner such that it contributes to creating maximum value for both the employee as an individual and the organization as a whole.
10 important scope of Human Resource Management Work done is not enough. Work done right is the requirement. That’s exactly what constitutes the scope of human resource management. Getting the right people who understand the company’s goals and play a role in forwarding these goals is the key to the success of any organization. Understanding employees’ monetary and non-monetary needs and using them to enhance productivity is the nature and scope of human resource management. List of scope of Human Resource Management Human resource management is a pervasive and interdisciplinary activity that, over the years, has become indispensable in every organization. Let’s find out how human resource management’s scope is so vast and why it plays such an important role in the company. Assessment of company human resources Reviewing jobs in the organization Interviewing and Selection Introduction and Orientation Remuneration and Benefits Employee’s growth prospects Training on the job Employee Satisfaction Employee’s Grievance Redressal system Labour and Trade unions 1. Assessment of company human resources First and foremost, in vast functions of hrm is an assessment of the current human resources of the company. It means evaluating the current payroll and whether it is proportional to the work requirement. This gives an idea about whether roles are missing or more than required in the organization. This whole process can also be called human resource planning. 2. Reviewing jobs in the organization Getting a comprehensive detail about each title in the company and what profile will be needed to fulfil a vacant job title comes under human resource management. This helps set the base for finding and selecting the right candidates for the company. Job analysis needs to be done very carefully, considering the company’s financial budget. 3. Interviewing and selection The next step in HR scope is the selection of the right candidate. The right candidate would be the one who, apart from his academic qualification, also fits the company’s culture. One of the activities of HRM is setting out the requirements for a particular job title. Deciding how many steps the interview selection process would have also come under the scope and functions of HRM 4. Introduction and orientation After the candidate is selected, he is introduced to its work culture, ethics, and environment. He is oriented with the team he will work with and the supervising manager. This helps in building the comfort level of the new employee. The objective of the whole induction process is to acquaint the employee with organizational values. It is an informal process. 5. Remuneration and benefits Discussing the base salary and other perks to which an employee is entitled is a part of the scope of human resource management. The human resource manager’s role is to clearly describe all the benefits, including medical, travel, vacation leaves, etc. All these perks help in achieving a superior work efficiency environment. 6. Employee’s growth prospects The better the growth opportunities a company gives, the more the loyalty of the employees. The nature and scope of HRM comprise how to keep the employee motivated and gain their loyalty. It’s the HR who has all information about employees’ performance and who is better than him to review his past performance and discuss future growth opportunities with him. A performance appraisal, linked with incentives and increments, motivates the employees to achieve more and more targets if done from time to time. 7. Training on the job Human resource management is alternatively known as the employee-oriented function. Its job is to provide different learning programs to its employees continuously. One of the main activities of HRM involves the development of its employees. Every organization’s success depends on how up to date an employee is with new ways of doing the job. These training programs aim is to enhance and build the employee’s skills as per skills from around the world. 8. Employee satisfaction The health, Wealth, and prosperity of employees are all the responsibility of HR. Building a healthy work environment and motivating the employees at each step also comes under the scope of human resource management. This includes non-monetary amenities like medical, canteen, or other recreational areas. A safe and secure work environment plays a huge role in the efficiency of employees. 9. Employee’s Grievance Redressal system Human resource managers should employ a mechanism to address employees’ grievances in a secure environment. This helps in building the trust of employees in the long run. Feeling their voices are heard also gives the employee a different level of satisfaction. Ensuring this process is carried out securely and confidentially is one of the crucial jobs of HRM. 10. Labour and Trade unions Building strong relations in the industry is one of the key attributes to the success of any organization. The wide scope of human resource management also involves building and maintaining healthy, strong relations with different trade unions for the company’s smooth functioning. How does an MBA in HRM from Manipal Academy of Higher Education elevate your career? Earning a MBA in Human Resource Management (HRM) from Manipal Academy of Higher Education, like any reputable institution, can potentially elevate your career in several ways. Here are some ways in which an MBA in HRM can enhance your career prospects: Specialized Knowledge: An MBA in HRM provides you with in-depth knowledge of human resource management principles, practices, and strategies. This specialized knowledge can make you an asset in HR departments and organizations. Skill Development: The program typically focuses on developing essential skills such as recruitment and selection, training and development, compensation and benefits, labour relations, and strategic HR management. These skills are highly sought after by employers. Networking Opportunities: MBA programs often facilitate networking by bringing together students from diverse backgrounds and providing opportunities to connect with professors and industry professionals. Building a strong network can open doors to new career opportunities. Career Advancement: With an MBA in HRM, you are better positioned for career advancement. Many leadership and management positions in HR departments or as HR consultants may require an advanced degree. Higher Earning Potential: On average, individuals with an MBA tend to earn higher salaries compared to those with just a bachelor’s degree. HR professionals with advanced degrees often command higher compensation packages. Global Perspective: Many MBA programs, including those at reputable institutions like Manipal Academy of Higher Education, often incorporate a global perspective in their curriculum. This can be valuable in today’s interconnected business world. Industry Connections: Many business schools have strong ties with the corporate world. This can lead to internship opportunities, guest lectures, and on-campus recruitment events, which can help you secure job offers and internships in top organizations. Conclusion With dynamic changes in the world today, the scope of human resource management needs to be widespread and needs to evolve to suit the organization’s current needs. It won’t be wrong to say that to win in the market, one must win in the workplace, and the key to that is implementing a strong and adaptable human resource management function. The MBA in Human Resource Management (HRM) from Manipal Academy of Higher Education will act like the perfect backbone to help you implement your functionalities.
6 Important Types of Indexes in SQL Server The index is named as a design in SQL server stored or maintained with in-memory structure or on disk related with a table or views, which is utilized principally to recognize a specific set or a row Table or Views. Indexes in SQL are the individual lookup tables, which are utilized by the data set internet searcher to accelerate the general information recovery. The use of the index in SQL is to rapidly discover the data in a data set table without looking through each row of it. In SQL Index, it is basic to keep up more extra storage to make a copy duplicate of the data set. Tables in SQL server is contained inside database item holders that are called Schemas. The schema likewise fills in as a security limit, where you can restrict data set client authorizations to be on a particular schema level as it were. To know what the different types of Indexes in SQL Server are, then read this article to explore them and have a better understanding of them. Must Read: Programming languages one can learn in a data science program Different Types of Indexes in SQL Server There are various types of indexes in SQL server: Clustered Index Non-Clustered Index Column Store Index Filtered Index Hash Index Unique Index 1. Clustered Index Clustered Index stores and sort rows of data in a view or table depending on their central values. There may be an instance of having just one clustered index in each table, as it can empower the client to store data in a solitary request. Clustered index store data in an arranged way, and in this way, at whatever point data is contained in the table in an arranged manner implies it is orchestrated with a clustered index. At the point when a table contains a clustering in SQL server, it is named a clustered table. A clustered index is liked to utilize when adjustment of gigantic information is needed in any data set. If the data put away in a table or data set are not organized in descending or ascending request, at that point, the data table is named as a heap. 2. Non-Clustered Index It represents a structure, which is isolated from data rows. This types of indexes in SQL server covers the non-clustered key values, and each worth pair has a pointer to the data row that comprises vital significance. In the non-clustered index, the client can undoubtedly add non-key to the leaf level, as it sidesteps the current index key cut-off points and performs completely covered recorded questions. A non-clustered index is made to improve the general exhibition of much of the time posed inquiries, which are not covered by grouped things. Clustered vs. Non-clustered index in SQL server is that the non-clustered index stores the data at one area and indices at another area, while the clustered index is a kind of index that sorts the data rows in the table on their key values. 3. Column store Index A column store index is one of the types of indexes in SQL Server that has a standard type of index with regards to putting away and questioning enormous data warehousing truth tables. This is an index of SQL, which was intended for development in the presentation of inquiry in the event of jobs with huge measures of data. The column-store index empowers putting away information inside little impressions, which helps in speeding up. The use of this index takes into account the client to get IO with multiple times higher inquiry execution when contrasted with conventional column arranged capacity. For examination, the Columnstore Index gives a significant degree to have a preferable exhibition over other records in SQL. Column store index esteems from a similar area have comparative qualities, which expands the general pace of information compressions. 4. Filtered Index A filtered index is one of the types of indexes in an SQL server that is made when a column has just a few applicable numbers for questions on the subset of values. If, when a table comprises heterogeneous data rows, a separated list is made in SQL for at least one sort of data. 5. Hash Index Hash Index is one of the types of indexes in SQL server that slots containing a pointer or an array of N buckets and a row on each slot or bucket. It utilizes the Hash function F (K, N), where N is several buckets and K is critical. The capacity delineates the key relating to the bucket of the hash index. Every bucket of the Hash Index comprises eight bytes, which are utilized to stock the memory address of the connected rundown of basic sections. 6. Unique Index The unique index in the SQL server confirms and guarantees that the index key doesn’t contain any copy esteems and along these lines, empowers the clients to examine that each row in the table is exceptional in either way. The unique index in SQL is extraordinarily utilized when the client needs to have an extraordinary trait of every information. It permits people to guarantee the data respectability of each characterized section of the table in the data set. This index likewise gives extra data about the data table, which is useful to question enhancers. Types of Pages in SQL server Data Pages Bulk Changed Map Text/Image Pages Page Free Space Index Allocation Map Secondary Global Allocation Map Differential Changed Map Global Allocation Map Types of the Database in SQL server tempdb msdb Master Model Check this out: Eight easy steps to begin your first data science project MAHE MSc Data Science: Is it the best place to master SQL? SQL has carved for itself an irreplaceable position in the ever-dynamic field of Data Science. Learning and mastering the same can be a gamechanger for your data science career. The online MSc Data Science by Manipal Academy of Higher Education is the perfect choice for aspiring data enthusiasts who are looking at kickstarting their career in this evolving domain. Being a completely online course, the MSc in Data science course allows you to pursue your higher education without having to take a break from your career. The classes being set on weekends helps you to study at your leisure and master the subjects. Pursuing the same from MAHE helps you to not only become a part of the illustrious alumni network but also make the most of its prestigious faculty and industry connect. Conclusion To create an index in the SQL statement is utilized to make files in tables. Indexes are utilized to recover information from the data set more rapidly than something else. The clients can’t see the lists, they are simply used to accelerate queries/searches. Pursuing a MSc in Data science can help you elevate your career to new heights with its top-notch pedagogy, highly acclaimed faculty, flexible timelines, and complete online approach is the best for working professionals and data enthusiasts who are looking for a structured learning environment without taking a career break.
Selection process in Human Resource Management: 9 easy steps to follow 1. What is the Selection Process? 2. What Are the Key Steps in Selection Process? 1. Preliminary Interview 2. Receiving Applications3. Screening Applications 4. Preliminary Tests 5. Employment Interview 6. Checking References 7. Medical Examination 8. Final Selection 3. Importance Of a Selection Process in HRM 4. FAQs About the Selection Process How can an MBA in HRM from Manipal Academy of Higher Education be a gamechanger for you? Conclusion 1. What is the Selection Process? The selection process in organizations is directed towards finding the right talent for vacancies within the organization. Typically, it is akin to filtering through a series of funnels to find the solution via elimination. More than 84% of the organizations in India have reported ill effects of wrong hiring! A core function of Human Resource Management, the selection process, is crucial to creating a holistic work environment. Did you know that just one bad hire could cost your company up to 29 Lakhs? The recruitment and selection process varies by industry, organization, and department. Positions differ on the grounds of responsibility and criteria. In this article, we’ve explained the key steps in the selection process. Check this out: How to become an HR manager: Job role and salary 2. What Are the Key Steps in Selection Process? Let’s look at the step-by-step guide to the employee selection process. 1. Preliminary Interview Once a requirement is posted, a company may receive hundreds of thousands of applications. In a granular pre-process, the preliminary interview is conducted to weed out all candidates who do not meet the essential eligibility criteria – educational qualifications, required skill sets, proven certifications, and experience. Candidates may also be assessed based on their background and level of interest. Some companies employ innovative techniques to bring the right candidates to the table right from the get-go. For example, Uber deployed “Code on the road,” an in-app coding game that took candidates straight to the next stage of the selection process if they passed the challenge! Gamifying recruitment selection is among the latest trends in HRM. 2. Receiving Applications Once candidates pass the preliminary interview, organizations must aim to standardize the application process. Here, candidates must fill out a standard application form that collects bio-data, qualification, experience, background, and educational information. The application could gather a broader understanding of the candidate, such as hobbies and interests. A comprehensive application form will come in handy during the final selection process when decisions are to be made between similar candidates. 3. Screening Applications This stage includes shortlisting potential candidates from the pool of applicants who applied. The screening committee constitutes various team leads, department members, inter-department associates, and coordinators who would be working closely with the selected candidates. Screening can include multiple criteria, including educational prowess, relevancy in terms of experience, etc. The interview details and requirements are shared with potential candidates via a call or email. 4. Preliminary Tests Preliminary tests are an essential part of the job selection process. They assess the aptitude, IQ, emotional intelligence, proficiency, and personality of candidates. While some organizations hold these tests remotely, many prefer to arrange a test venue generally within organizational premises. Should they be held at the premises, the candidates are informed of the itinerary. 5. Employment Interview The selection interview is the crux of the entire process. It could be defined as an in-person conversation that puts candidates on their feet. This step signals how well he/she fits into the company ethos. During this stage, companies provide a detailed brief of the job profile, including the roles and responsibilities that the candidate is expected to shoulder. Likewise, the candidate is encouraged to share his/her concerns or queries with the employer. The employment interview itself may be divided into several rounds, including group discussions and other activities. In-person interviews allow employers to judge the candidate’s calibre, personality, teamwork, and leadership skills. 6. Checking References Although in-person interviews provide a fair idea about the candidate, contacting references allows employers to verify their understanding. Through discussions with references who vouch for the candidates’ professionalism and work ethics, they may discover other qualities about him/her. For this stage of the recruitment process in HRM, organizations may reach out to previous employers or the concerned educational institutions. 7. Medical Examination Although not strictly followed, medical examinations are slowly becoming commonplace among organizations today. Modern companies are viewing medical fitness (both mental and physical) as a cost function. A healthy employee would require fewer sick leaves and handle stress relatively quickly, allowing greater productivity in dynamic, fast-paced environments. Some employers view this matter seriously and consider this a preliminary phase during the screening stage. 8. Final Selection The last phase of the selection process is to cross the t’s and dot the i’s; candidates who have successfully qualified through all rounds of the recruitment and selection in HRM receive an offer/appointment letter from the organization. More often than not, candidates receive a temporary position with an assurance of permanency on completion of the probation period. The appointment letter typically includes all such details, including salary and company policies. Candidates may also be asked to sign an NDA (Non-Disclosure Agreement) that ensures the protection of company data. 3. Importance Of a Selection Process in HRM The process of selection is critical because the organization’s overall performance can be enhanced by the hiring of high-quality resources. Because of poor hiring practices, new hires can harm the work being done, and the cost of replacing them is high. The goal of the process of selection is to identify the most qualified candidates for open positions within a company. Many factors, such as a candidate’s qualifications, experiences, skills, and overall attitude should be considered to ensure that the right person is hired for the job. It is critical because: The success of a business is directly related to the quality of its employees and their ability to contribute effectively. In a similar vein, the company can only be as good as its employees. Employees with high levels of talent and expertise speed up the growth of the business. In technical jobs, workplace accidents can be drastically reduced if the appropriate technical personnel is employed for the appropriate positions. People who are satisfied with their roles are more likely to have high morale and motivation to succeed. A significant amount of money is invested in finding the right person for a position, so the company must use a systematic approach to the HR selection process. When the hiring goes wrong, the company has to spend a significant amount of time, effort, and money training and integrating the new employee. Must read: What employers look for in MBA Human Resources graduates? 4. FAQs About the Selection Process Recruitment And Selection Process in HRM – What’s The Difference? When selected individuals (who may or may not have shown interest in working for the organization) are offered a position, the process is known as recruitment in HRM. On the other hand, during the selection process, candidates interested in working for a company apply for a particular position. Among the applicants, individuals who qualify are chosen using the process mentioned above. Both selection and recruitment form a vital part of maintaining organizational health. Why Is It Necessary for Companies to Build a Robust Selection Process? Building a specific selection procedure is vital to ensure that company resources are not wasted on the wrong individual. Apart from the cost and time took to post job advertisements and conduct interviews, companies are liable to train candidates. Therefore, the selection process must be given due diligence. What Makes A Well-Designed Selection Process? A fair selection process ensures cost-effectiveness, accounts for time, adjusts for bias, and conducts robust background checks. Ultimately, the process should be designed to disallow unqualified individuals to progress while making room for exceptional outliers. How can an MBA in HRM from Manipal Academy of Higher Education be a gamechanger for you? An MBA in HRM from Manipal Academy of Higher Education can be a gamechanger for you in several ways. Equipping you with a comprehensive understanding of human resource management, a crucial aspect of any organization’s success, it will aid you in accelerating your career to new heights. Pursuing the same with the reputed brand of Manipal Academy of Higher Education ensures that you receive high-quality education, access to industry experts, expand your network and enhance your career prospects. The practical insights and real-world exposure provided during the program will ensure you are prepared for the dynamic and evolving HR landscape. Overall, this MBA program will not only enhance your knowledge and skills but also boost your confidence and credibility in the field, positioning you as a gamechanger in the HRM domain, ready to drive organizational excellence through effective human resource management. Conclusion In this era of digital transformation, the traditional meaning of a job has been redefined. Consequently, the selection process definition must also follow suit. MAHE’s online MBA in Human Resource Management, is designed to empower the next-gen HRM to make smart, practical, and data-driven decisions. The program allows individuals to be well-equipped to handle a post-pandemic economy’s requirement – providing organizations, both large and small, the impetus necessary to push for performance and productivity through people-oriented actions.
Rising trend of online BA in Sociology: Exploring career opportunities in India Online BA programs in India are gaining popularity due to the flexibility they offer. Students can study from the comfort of their homes, and they can record lectures to attend later on in case they miss any lectures. Students in India are selecting the best online BA for their future due to its immense potential. These online BA courses are tailored to align with students’ personal goals. It helps students acquire knowledge and skills to pursue the profession they desire without them having to drain their energy commuting to their university. If you are looking for online BA courses, visit the Sikkim Manipal University website and find out which course aligns best with your career aspirations. Also Read: Career options for Master of Arts in Sociology graduates Source Rising popularity of Online BA Programs Online education has gained remarkable traction in India, and it’s no different for BA programs. The convenience and flexibility of selecting the best online BA for your future have attracted learners, including working professionals, homemakers, and traditional college-bound students. The appeal of pursuing a BA in Sociology online lies in the ability to align online BA courses with your goals and balance education with other commitments. Career opportunities for Sociology BA graduates in India Sociology is the study of human society and behavior. It offers many career opportunities. Whether a student is interested in understanding societal dynamics or passionate about positively impacting your community, a BA in Sociology can be your gateway to several fulfilling careers. Here are some career options to consider: Social researcher: Sociologists often work as social researchers, conducting studies and analyzing data to understand societal trends, behavior, and issues. Social worker: Social workers support individuals and communities facing poverty, addiction, and family issues. Human resources specialist: Sociology graduates can excel in HR roles. They can analyze workplace dynamics and promote a positive work environment. Community organizer: If you’re passionate about social change and community development, a BA in Sociology can equip you with the skills to organize and lead community initiatives. Academic pursuits: Sociology graduates further their education by pursuing postgraduate degrees (MA, MSc, or PhD) in Sociology. or related fields, thus matching their online BA with career aspirations. Also Read: Regular MA vs Distance MA vs Online MA Exploring the scope of Sociology BA in the Indian job market The Indian job market is evolving rapidly, and employers are increasingly recognizing the value of graduates with a background in Sociology. Organizations across various sectors, including healthcare, education, nonprofits, and government agencies, seek individuals with strong analytical and interpersonal skills – qualities honed through a Sociology degree. Furthermore, the ability to understand complex social issues, empathize with diverse populations, and communicate effectively positions Sociology graduates as assets in any industry, contributing to a future-oriented online BA selection. Diverse career paths enabled by an online Sociology BA The versatility of an online BA in Sociology offers a gateway to diverse career paths, making it an attractive option for individuals with varied aspirations. This program is remarkably adaptable, catering to various career goals. For those inclined towards community engagement, an online Sociology BA equips you with the necessary tools to work directly with communities, addressing their unique needs and challenges. This role can be immensely fulfilling as you become a catalyst for positive change. Alternatively, if an academic journey is your pursuit, this program provides a strong foundation for pursuing advanced degrees in Sociology or related fields. Many graduates delve into academia, conducting in-depth research and contributing to sociological knowledge. Moreover, a Sociology BA fosters the development of transferable skills such as critical thinking, research, and communication, which are highly valuable in fields beyond sociology. This adaptability makes online education for a promising future not just a viable choice but a strategic one, opening doors to career opportunities. Read More: Career prospects after BA in Sociology Societal impact of online Sociology BAs The influence of online Sociology BAs reaches far beyond individual career trajectories, significantly impacting society. Graduates of these programs emerge as catalysts for positive societal change, wielding their acquired knowledge and skills to drive meaningful transformations. These graduates bring fresh perspectives and a heightened awareness of societal complexities to the forefront. Their rigorous education fosters critical thinking abilities, allowing them to dissect and comprehend intricate social issues. Armed with this profound understanding, they become instrumental in shaping policy decisions that have far-reaching implications. Furthermore, Sociology BA graduates play a pivotal role in contributing to the betterment of their communities. They actively engage in initiatives that address pressing social challenges, from inequality and discrimination to healthcare and education access. By becoming advocates for change, they bridge the gap between theory and practice. Read More: Best marketing jobs & careers to pursue in 2023 How can an online BA with a Sociology major from SMU help you? At Sikkim Manipal University, the online BA in Sociology program empowers students to understand society and its intricacies. We focus on providing a comprehensive education that equips graduates with the knowledge, skills, and ethical values needed to excel in their chosen career paths. Our faculty members, with their expertise in various areas of Sociology, ensure that students receive a well-rounded education. Additionally, our online learning platform offers the flexibility needed for students to balance their studies with other commitments. Conclusion The rising trend of online BA programs in Sociology in India is a testament to the changing landscape of higher education. With numerous career opportunities, the potential for societal impact, and the adaptability of a Sociology degree, pursuing an online BA in Sociology is a promising choice for those looking to shape their future in India’s dynamic job market. Embrace the opportunity, explore the possibilities, and embark on a fulfilling educational journey with an online BA in Sociology. Explore their various programs by visiting the Sikkim Manipal University website. Read More: All you need to know about Sikkim Manipal University
Best MBA specialization for product management Product management has emerged as one of the most high-paying careers in today’s business landscape. Product managers are the architects behind the products and services that shape our digital world, and they possess a unique blend of strategic vision, technical acumen, and business savvy. If you are looking to become a product manager, there are several MBA specializations you can choose from to explore a lucrative career. In this blog, we dive deep into the best MBA specialization for a product management career, job opportunities and the salary you can earn. Read more: How an MBA fits into your product management career What is product management? Product management is a multifaceted role within a company that focuses on the development, strategy, and lifecycle management of a product or product line. Product managers develop and communicate a clear product strategy in line with the product’s goals, target audience, and market positioning. Overall, they are responsible for product development, market research, user experience, and ultimately a successful product launch. Top MBA specializations that suit a product management career Here’s an overview of the top MBA specializations that will help you launch a career in product management. MBA in Product Management MBA in Marketing MBA in Project Management MBA in Data Science MBA in Operations Management MBA in Product Management Several B-schools offer an MBA in product management degree that focuses exclusively on this domain. MBA programs specializing in product management cover fundamental business domains that are essential for achieving success in a product manager’s role. Product management is multifaceted, demanding a comprehensive understanding of various business disciplines, which an MBA degree can offer. You’ll learn about product development, market research, product launch strategies, and innovation management. Many specialized programs incorporate real-world projects or case studies. This hands-on experience allows you to apply theoretical knowledge to practical situations, preparing you for real challenges in product management roles. Specialized MBAs often delve deep into product marketing strategies, helping you understand how to position products in the market effectively. MBA in Product Management gives you a competitive edge over other entry-level candidates with less work experience. MBA in Marketing An MBA in Marketing equips you with strong research skills. Product managers need to understand customer needs deeply, and your expertise in market research is invaluable in this regard. Marketing studies often focus on brand management, which is crucial for product managers. Understanding how to position and promote a product in the market is a vital skill. Marketing programs often include courses in data analysis. Product managers frequently make decisions based on data, such as market trends, customer behavior, and sales figures. An MBA in Marketing covers market segmentation and targeting strategies, which will help product managers identify target markets and tailor products to specific customer segments. MBA in Marketing covers several aspects of product launch like product lifecycle, which is fundamental to product management. MBA in Project Management An MBA in Project Management will be the best for getting into product management as it equips you with skills in planning, executing, and monitoring projects, which are important in overseeing the launch of new products. MBA programs often cover financial management. Understanding budgeting and resource allocation is crucial in product management, where you need to manage costs and resources efficiently. MBA in Project Management emphasizes identifying and mitigating risks, which product managers must be aware of while managing risks related to product development, market acceptance, and competition. Project management teaches effective communication with stakeholders and this will come handy for product managers as they interact with various stakeholders including customers, marketers, and executives. MBA in Data Science An MBA in Data Science equips you with strong analytical skills, allowing you to make data-driven decisions as a product manager. You can analyze market trends, customer behavior, and product performance metrics effectively. Data science skills allow you to create predictive models for market trends and customer demands, aiding in accurate market research and demand forecasting. You can leverage A/B testing and other experimentation techniques to optimize product features and user experience, enhancing product performance based on data-driven insights. Knowledge of machine learning algorithms helps in customer segmentation and personalization, allowing you to tailor products and marketing strategies for specific customer groups. Read more: How can I become a product manager from a data science background? MBA in Operations Management MBA in Operations Management provides insights into the entire supply chain process, from raw material procurement to product delivery. Understanding this process is crucial for product managers, especially when dealing with physical products. Operations management focuses on optimizing processes for efficiency and cost-effectiveness. Product managers need to ensure that product development and production processes are streamlined and optimized. Operations management teaches techniques for managing inventory levels efficiently. Product managers must balance supply and demand to maintain optimal inventory levels. Operations management emphasizes quality control methods. Product managers need to ensure that products meet quality standards, and understanding quality control processes is vital. Why a career in product management? There are several reasons why product management can be a great career choice for you. High-paying career: Product managers are essential for every business as you will be driving the product from its launch to its success. The average salary of a Product Manager in India is INR 24 LPA, which makes it a lucrative career choice for many. Explore jobs in varied sectors: From IT, finance, aerospace or healthcare, product managers are in demand in multiple sectors. This allows you to explore a product manager role in a sector that interests you. Help businesses grow: Optimized product management success contributes greatly to the successful growth of an organization, which means you will reap financial rewards. Conclusion Product Management can be a great career option if you are looking to explore a job in this field. To excel in product management, looking no further than the online MBA offered by Manipal University Jaipur or online MBA for working professionals from Manipal Academy of Higher Education (MAHE). Both institutions are offering online MBA courses through Online Manipal.
Best accredited online degree programmes Traditionally, students all around the globe have been pursuing their degree courses on-campus. This way of studying has its pros and cons. Recently, institutions around the world started offering online degree programmes with the support of digital technologies. As a result, many accredited online degrees are being promoted to offer students a choice for their mode of education. It is easy to take online courses with faster internet technologies and modern integrated communications systems. Further, the adoption of online degrees got a momentum with unexpected outbreak of the coronavirus and forced lockdown to contain the pandemic. Now, an online degree is considered as equally important as an on-campus degree. An overview of online degree programmes An online degree is an online academic course that awards an online degree certification when a student fulfils all the passing criteria for all the course subjects. They can pursue these degrees after they have cleared their 10+2 examinations. University Grants Commission (UGC) has granted recognition to near about 60 institutions to offer online courses. How can I pursue a degree entirely online? First of all, you need to select a UGC-entitled university which offers your choice of an accredited degree programme. Then apply for the programme, and once you are offered admission, all you need is a computer and a good internet connection to attend the courses. It is fairly simple. An online degree can be a great idea if you have constraints like time/location or if you have to support your family or other responsibilities. Here are some of the benefits of pursuing an online degree: Flexibility of location and time: You can attend the courses from the comfort of your home or anywhere you want. The universities offering these online degree programs set up multiple class schedules to offer time flexibility. Lower cost: Online degrees cost less than on-campus bachelor’s and master’s courses because of the absence of infrastructure costs, rent and other utilities. Earn while you study: You can have the opportunity to earn while you are pursuing your online degree. Since the class schedule is flexible, you can take up a part-time/full-time job to earn money. UGC-entitled online degree programmes in India If you are wondering which online degrees are accredited, here are some of the UGC approved online degree courses in India: S. No.Online Bachelor’s ProgrammesOnline Master’s Programmes1Bachelor of Business Administration (BBA)Master of Business Administration (in Finance, HR, Marketing, etc) (MBA)2Bachelor of Computer Applications (BCA)Master of Computer Applications (MCA)3Bachelor of Commerce (B.Com)Master of Commerce (MCOM)4Bachelor of Arts (BA)Master of Arts (in Journalism and Mass Communication, English, Political Science, etc) (MA)5Bachelor of Science (BSc)Master of Science (in Business Analytics or Data Science, Mathematics, Statistics etc) (MSc) Best online colleges in India Below is a list of institutions which offer the best accredited online degrees: Manipal University Jaipur (MUJ) Manipal University Jaipur (MUJ) is a University Grants Commission (UGC) recognised institution with NAAC A+, WES, ICES, AICTE, IQAS and ICAS accreditation. MUJ offers UGC entitled online courses on Bachelor of Business Administration (BBA), Bachelor of Computer Applications (BCA), Bachelor of Commerce (B.Com), Master of Business Administration (MBA) with eight elective subjects, Master of Computer Applications (MCA), Master of Commerce (M.Com), and Master of Arts in Journalism & Mass Communication. MUJ has a diverse set of students from more than 100 nationalities. MUJ also offers free access to Coursera to its online postgraduate students. Recruiters from more than 100 Fortune 500 companies have partnered with MUJ to hire employees. Offered through Online Manipal, the students can access MUJ’s course material that includes readings, concept videos, recorded lectures, quizzes, an e-library with thousands of e-books and journals, and discussion forum. The mentorship from the first day of admission and placement assistance help students attain job as soon as they graduate. Amity University Amity University is a UGC-entitled institution with NAAC, WES, WASC and QAA accreditation. Amity University offers online courses on Bachelor of Business Administration (BBA), Bachelor of Computer Applications (BCA), Bachelor of Arts (BA), Master of Business Administration (MBA), Master of Computer Applications (MCA), Master of Commerce (Financial Management) and Master of Arts (Journalism & Mass Communication). Amity University offers customised mentorship from an industry expert to each of its students. It also offers the opportunity to connect with recruiters from top companies via their virtual job fair. Alagappa University Alagappa University is a UGC recognised university with NAAC A+, AICTE and NIRF accreditation. Alagappa University offers online courses on Bachelor of Business Administration (BBA), Bachelor of Commerce (B.Com), Bachelor of Arts (BA), Masters of Business Administration (MBA) with various programme specialisations, Master of Commerce and Master of Arts (Journalism & Mass Communication or English and Tamil). Some of the features of the university are its renowned faculty, cutting edge technology and well-researched curriculum. Chandigarh University Chandigarh University is a UGC recognised university with NAAC A accreditation. Chandigarh University offers online courses on Bachelor of Business Administration (BBA), Bachelor of Commerce (B.Com), Bachelor of Arts in Journalism and Mass Communication (BA), Masters of Business Administration (MBA), Master of Arts (Liberal Arts), Master of Commerce, Master of Arts in Journalism & Mass Communication and Master of Science (Data Science). Chandigarh University offers a corporate mentorship programme to its students with more than 350 mentors from top multinational corporations. Jain University Jain University is a UGC recognised university with NAAC accreditation. Jain University offers online courses on Bachelor of Business Administration (BBA), Bachelor of Commerce (BCOM), Masters of Business Administration (MBA), Master of Computer Applications (MCA), Master of Commerce and Master of Arts. They offer a wide range of electives to choose from to their students in each programme. They offer online placement services to their students Jain University offers its students more than 16000 online courses on LinkedIn Learning. Lovely Professional University (LPU) Lovely Professional University (LPU) is a UGC certified institution that offers online courses on Bachelor of Arts (BA), Bachelor of Computer Applications (BCA), Bachelor of Commerce (B.Com), Masters of Business Administration (MBA), Master of Computer Applications (MCA), Master of Commerce, Master of Science and Master of Arts (English, Economics, Political Science, History and Sociology). LPU organises placement support services for its students which consists of online workshops, mock interviews and special classes where students are trained in interviewing skills, soft skills and logical reasoning. SRM Institute of Sciences and Technology SRM Institute of Sciences and Technology is a UGC recognised university with AICTE accreditation. SRM Institute of Sciences and Technology offers online courses on Bachelor of Business Administration (BBA), Bachelor of Computer Applications (BCA), Masters of Business Administration -MBA (Finance, HR, Marketing or Business Analytics), Master of Computer Applications (MCA) and Master of Commerce. The QS ratings have rated SRM Institute of Sciences and Technology with 4 stars because of its reputation as a world-class institution and as a preferred talent source. Read more – Best online universities in India Career options after an online degree course Some of the career options that you can pursue after an online course are: Data Analyst: Data Analysts are responsible for the collection of data, cleaning of raw data, visualisation of cleaned data and communicating the reports to their managers. Their managers use the information in the reports to make data-driven decisions. Some online courses that you pursue to land a job as a data analyst are Bachelor/Master of Computer Application, Master of Science in Data Science, Master of Business Administration in Analytics & Data Science, etc. Human Resources (HR) Manager: HR Managers are in charge of recruitment for a company. For the recruitment process, they screen candidates, interview and recruit them. They are also responsible for granting benefits and monthly salaries to the company’s employees. Some online courses that you pursue to land a job as an HR Manager are Master of Business Administration in Human Resources or Bachelor of Business Administration. Software Engineer: Software Engineers are responsible for understanding clients’ requirements in software and then developing the prototype of the software. To pursue a career in Software development you can study Bachelor/Master in Computer Application, Bachelor/Master in Science, etc. Supply Chain Manager: Supply chain management includes all the processes that take place in transforming raw materials into finished products. It’s the management of the flow of services and goods. To become a supply chain manager, you can pursue a degree in Bachelor/Master of Commerce or Bachelor/Master in Business Administration with Supply Chain Management specialisation. Marketing Manager/Specialist: The marketing department of a company is responsible for the promotions of all the goods and services offered by the company. Some online courses that you pursue to land a job as a Marketing Manager are Bachelor/Master of Commerce, Bachelor/Master of Business Administration (in Marketing), etc. Investment Banker: Investment Bankers act as intermediaries between financial markets and a corporation. To pursue a career in Investment Banking, you can study Bachelor/Master in Business Administration, Bachelor/Master in Commerce, etc. Online degree programmes that lead to high paying careers There are lots of degree programmes which can lead to high paying jobs and can be pursued from the comfort of your home. To give an example: If you are pursuing a Master in Business Administration (MBA) in Analytics & Data Scinece with Manipal University Jaipur (MUJ), you can apply for job profiles like Data Analysts, Business Analysts, Data Scientists, etc or if you complete a Master in Business Administration (MBA) in Supply Chain Management, you can apply for positions of Supply Chain Manager or Logistics Manager, etc. How can I enrol in an online degree course? To enrol in an online degree course: First of all, select the subject of your choice which you want to study. Make a list of institutions which offer that course of your choice. Make sure you understand the pros and cons of pursuing a degree in each university to make an informed decision. Select the college/university that offers the degree of your choice and fits into other criteria like budget, flexibility in time, choice of electives, etc. Fill in the online registration form for the university of your choice. Submit all the relevant and necessary documents requested by the admissions department of the institution. Pay the admission fee for the online degree. The institution will confirm your admission and send you the details with further details on payment of fees, the orientation of the programme, etc. Get accredited online degrees from Online Manipal Online Manipal hosts online degree programmes form Manipal University Jaipur (MUJ) and Manipal Academy of Higher Education. The UG and PG courses from Online Manipal helps students become an expert in their respective domains. Online courses from Manipal University Jaipur (MUJ) offer its students a wide range of degree programmes and electives to choose from. For example, for its Master in Business Administration (MBA) programme, the students can choose from Finance, Marketing, HRM, Operations Management, Retail Management BFSI, IT & FinTech, and Analytics and Data Science specialisations. MAHE, on other hand, offers MBA, M.Sc. in Business Analytics, and M.Sc. in Data Science. Online Manipal also offers free access to Coursera which can be useful to learn new skills to upscale yourself. Online Manipal allows its students to pay the fees in semester-wise instalments and also offers scholarship discounts ranging from 10% to 20 % of the tuition fees to students belonging to special categories like defence personnel, people with a disability, etc. Conclusion Since 2020, University Grants Commission (UGC) has entitled more than 50 institutions to offer more than 400 online courses to students. These accredited online degree programmes are well recognised by government offices and the corporate world. Find a suitable programme for your future career from the list of accredited online programmes mentioned in this article. Online Manipal offers a broad list of online degree courses to choose from. For eg: Bachelor/Master of Business Administration (BBA/MBA), Master of Science in Data Science and Business Analytics, Bachelor/Master of Commerce, etc. You will also gain access to Manipal University’s alumni network when you pursue a degree programme with MUJ, besides placement assistance and networking opportunities.
MBA Analytics & Data Science course details In today’s data-driven world, the ability to harness the power of information is not just a competitive advantage; it’s a prerequisite for success in virtually every industry. This transformation has given rise to a new breed of business leaders, individuals who possess a potent combination of business acumen and data expertise. An MBA in Analytics & Data Science equips you with the necessary knowledge required to excel in the field of data science. This program covers a wide range of subjects like statistical analysis, data mining, and data visualization skills that will help you explore lucrative career opportunities. This blog gives you an overview of the curriculum of an MBA in Analytics & Data Science. Read more: Rising demand for data science in India What is an MBA in Analytics & Data Science? An MBA in Analytics & Data Science is a specialized MBA program that focuses on applying advanced analytics and data science. This field of study aims to provide students with the tools, skills, and experience needed to analyze large datasets, visualize and interpret data, and make decisions based on data-driven insights. It is a two-year program that prepares students to enter the workforce as data scientists, analysts, and business intelligence professionals. MBA in Analytics & Data Science – Highlights Program nameMasters of Business Administration in Analytics & Data ScienceQualificationPost Graduation Duration2 yearsEligibilityBachelor’s degree from a recognized universityCourse feeINR 40,000- INR 5,00,000AdmissionMerit based or Entrance exam basedRecruiting companiesWipro Technologies, HCL Technologies, Mahindra Satyam, Deloitte, PayPal, Dell, Infosys, Cognizant Technology Solutions (CTS), etcJob rolesData Analyst, Data Engineer, Business Analyst, Data Scientist,Data Analytics Consultant, Risk Analyst, Healthcare Data Analyst, etc. MBA in Analytics & Data Science course details This semester-wise syllabus provides a comprehensive overview of the core concepts and skills required for successful analytics and data science in a business context. The syllabus covers the core concepts and skills required for successful analytics and data science in a business context. Semester 1Semester 2Semester 3Semester 4Management Process and Organizational BehaviorProduction and Operations ManagementResearch MethodologyStrategic Management and Business PolicyBusiness CommunicationFinancial ManagementLegal Aspects of BusinessInternational Business ManagementStatistics for ManagementMarketing ManagementProgramming in Data ScienceBusiness LeadershipFinancial and Management AccountingManagement Information SystemExploratory Data AnalysisAdvanced Machine LearningManagerial EconomicsOperations ResearchIntroduction to Machine LearningUnstructured Data AnalysisHuman Resource ManagementProject ManagementVisualizationBusiness AnalyticsData Scraping Note: The curriculum is subject to change depending on program & university Who can enroll in MBA Analytics & Data Science? To enroll for an MBA in Analytics & Data Science, you need to meet certain eligibility criteria. It is intended to ensure that students who want to study data analytics have the necessary skills and knowledge. The educational qualifications and criteria are listed below: Candidates must have a bachelor’s degree in Data Analytics-related subjects such as Mathematics, Science, Physics, Engineering, or any other related field. Candidates should have a minimum of 50% aggregate or equivalent CGPA in their undergraduate degree. Candidates from the OBC/SC/ST categories are eligible at a 5% less aggregate. Some universities require candidates to have prior work experience to enroll for the program. Note: The eligibility criteria is subject to change depending on program & university Admission process to enroll for MBA Analytics & Data Science You can register/enroll for the program by following in your basic details and paying the application/registration fee Then you are required to fill in your educational and work experience details You will have to then pay the program fee and you can choose a convenient method of payment Read more: Top scholarships at Online Manipal Demand for professionals with MBA in Analytics & Data Science As the world becomes increasingly data-driven, businesses must access the latest and greatest analytics tools. To do this, they need to understand how data is collected, processed, and analyzed. This understanding is essential to making informed decisions that will help them grow their business. Business analytics can predict future trends through data analysis. Thus, companies can use data to predict the future to make decisions that will help them avoid problems. In addition, organizations are increasingly looking to hire data scientists with an MBA to help them tackle complex problems. An MBA in Analytics & Data Science is a great way to prepare for these roles. With this degree, you can gain the skills and expertise you need to work in this industry. Thus, the demand for MBA in Data Analytics in India continues to grow. The reasons include: The increasing importance of data in business decisions The rising importance of big data analytics in the digital age The growing number of students who are interested in entering the business world The increased demand for data-driven decision making The growing number of companies who are looking to hire data scientists and analytics professionals The ever-increasing number of students who are interested in entering the business world Benefits of pursuing online MBA in Analytics & Data Science Flexibility: Online MBA programs in Analytics & Data Science often provide flexibility in terms of scheduling. This is suitable for working professionals who can study at their own pace. Industry-Relevant Curriculum: This program typically offers a curriculum that is up-to-date with the latest trends and technologies in data analytics and data science, ensuring graduates are well-prepared for the demands of the industry. Networking Opportunities: Online programs often have a diverse student body from various industries and locations, providing excellent networking opportunities. These connections can be invaluable for career growth and collaboration. Completing an MBA in Analytics & Data Science can significantly enhance your career prospects. It equips you with the skills and knowledge needed to take on leadership roles in data-driven organizations. Read more: Data science & business analytics global job market Top career after MBA in Analytics & Data Science An ever-evolving field, analytics & data science offers a plethora of job opportunities. Here are the top jobs you can explore. Job roleAverage salaryInformation ArchitectINR 33 LPAProduct ManagerINR 24 LPAData ScientistINR 14 LPAPredictive ModelerINR 11 LPAData Engineer INR 10 LPABusiness Analyst INR 9 LPADigital Marketing Manager INR 9 LPA Source: Glassdoor Why Online Manipal A Master’s in Business Administration with an Analytics & Data Science option will give you the career boost you need – in addition to providing you with the necessary entry into the Analytics & Data Science discipline. This online MBA in Analytics & Data Science offered by Manipal University Jaipur can give the right boost to your career in terms of global networking, peer interaction, alumni access and lucrative job opportunities.
What is the data science lifecycle? As the world enters the era of big databases, modern lifestyle produces more and more data at an unparalleled speed through apps, websites, smartphones, and smart devices. Hence, the need to store data has also expanded as the main challenge and concern among modern enterprise industries. Data science is the future of AI algorithms to overcome these challenges. It is a blend of various tools, algorithms, and machine learning life cycles with the primary goal of discovering hidden patterns from raw unstructured data. Data science focuses on a more forward-looking, innovative approach, ensuring to evaluate historically and compare it with present data to make better decisions and future predictions on behaviour and outcomes. From healthcare and finance to cybersecurity and automobiles, data scientists significantly contribute to various breakthroughs across verticals. Read on to learn more about the different stages in the data science lifecycle that require different skill sets, tools, and techniques. Data science lifecycle explained A data science lifecycle is defined as the iterative set of data science steps required to deliver a project or analysis. There are no one-size-fits that define data science projects. Hence you need to determine the one that best fits your business requirements. Each step in the lifecycle should be performed carefully. Any improper execution will affect the following step, ultimately impacting the entire process. Data Science is key to achieving a perfect data science process here. The main aim is to build a framework and solutions to store data. Since every data science project and the team is unique, every specific data science lifecycle is different. How many phases are there in the data analytics life cycle? Below we have explained the different phases of data science life cycle PhasesDescriptionIdentifying problems and understanding businessDiscovering the answers for basic questions including requirements, priorities and budget of the project.Data CollectionCollecting data from relevant sources either in structured or unstructured form.Data processingProcessing and fine-tuning the raw data, critical for the goodness of the overall project.Data analysisCapturing ideas about solutions and factors that influence the data life cycle.Data modellingPreparing the appropriate model to achieve desired performance.Model deploymentExecuting the analysed model in desired format and channel. Identifying problems and understanding business Like any other good business lifecycle, the data science lifecycle also starts with ‘why?’ Identifying problems is one of the major steps necessary in the data science process to find a clear objective around which all the following steps will be formulated. In short, it is important to understand the business objective early since it will decide the final goal of your analysis. This phase should examine the trends of business, analyse case studies of similar analysis, and study the industry’s domain. The team will assess in-house resources, infrastructure, total time, and technology needs. Once these aspects are all identified and evaluated, they will prepare an initial hypothesis to resolve the business challenges following the current scenario. The phase should – Clearly state the problem that requires solutions and why it should be resolved at once Define the potential value of the business project Find risks, including ethical aspects involved in the project Build and communicate a highly integrated, flexible project plan Data collection Data collection is the next stage in the data science lifecycle to gather raw data from relevant sources. The data captured can be either in structured or unstructured form. The methods of collecting the data might come from – logs from websites, social media data, data from online repositories, and even data streamed from online sources via APIs, web scraping or data that could be present in excel or any other source. The person performing the task should know the difference between various data sets available and the data investment strategy of an organisation. A major challenge faced by professionals in this step is tracking where each data comes from and whether it is up-to-date. It is important to keep track of this information throughout the entire lifecycle of a data science project as it might help test hypotheses or run any other updated experiments. Data processing In this phase, data scientists analyse the data collected for biases, patterns, ranges, and distribution of values. It is done to determine the sustainability of the databases and predicts their usage in regression, machine learning and deep learning algorithms. The phase also involves the introspection of different types of data, including nominal, numerical, and categorical data. Data visualisation is also done to highlight the critical trends and patterns of data, comprehended by simple bars and line charts. Simply put, data processing might be the most time-consuming but arguably the most critical phase in the entire life cycle of data analytics. The goodness of the model depends on this data processing stage. Data analysis Data Analysis or Exploratory Data Analysis is another critical step in gaining some ideas about the solution and factors affecting the data science lifecycle. There are no set guidelines for this methodology, and it has no shortcuts. The key aspect to remember here is that your input determines your output. In this section, the data prepared from the previous stage will be explored further to examine the various features and their relationships, aiding in better feature selection required for applying it to the model. Experts use data statistics methods such as mean and median to better understand the data. In addition, they also plot data and assess its distribution patterns using histograms, spectrum analysis, and population distribution. Depending on the issues, the data will be analysed. Data modelling Modelling Data is one of the major phases of data processes and is often mentioned as the heart of data analysis. A model should use prepared and analysed data to provide the desired output. The environment needed for executing the data model will be decided and created before meeting the specific requirements. In this phase, the team works together to develop datasets for training and testing the model for production purposes. It also involves various tasks such as choosing the appropriate mode type and learning whether the problem is a classification, regression, or clustering problem. After analysing the model family, you must choose the algorithms to implement them. It has to be done carefully since extracting necessary insights from the prepared data is extremely important. Model deployment Now, we are at the final stage of the lifecycle of data science. After a rigorous evaluation process, the model is finally prepared to be deployed in the desired format and preferred channel. Remember, there is no value for the machine learning model until it’s deployed to production. Hence machine learning models have to be recorded before the deployment process. In general, these models are integrated and coupled with products and applications. The stage of Model deployment involves the creation of a delivery mechanism required to get the mode out in the market among the users or to another system. Machine learning models are also deployed on devices and gaining adoption and popularity in the field of computing. From simple model output in a Tableau Dashboard to a complex as scaling it to cloud in front of millions of users, this step is distinct for different projects. RELATED ARTICLES Data scientist job role and descriptionData science projects you should try Who all are involved in the data science lifecycle? Data is being created from individual level to organisational level, gathered, and stored in substantial servers and data stores. But how are you going to get hold of this vast storage of data? It’s where the data scientist comes into play, who is an expert in the art of extracting insights and patterns from unstructured words and numbers. Here we have listed out different job profiles of the data science team involved in the lifecycle of data science. Business Analyst The role of a business analyst is to understand the business requirements in the identified domains like Banking, Healthcare, education, and more. The responsible person can guide in planning the right solution and timeline to perform the analytics in their business analytics lifecycle. Moreover, they should also find the right target customers and analyse the effectiveness of various campaigns to create plans and smoothen business processes. Data Analyst A data analyst is a data science expert who has extensive knowledge and experience in working with huge data. They can map the solution and analyse what data is required to generate the required solution. Data Analysts are required to format and clean the raw data, interpret and visualise them to perform the analysis and provide the technical summary of the same. Data Scientists Data scientists take another step down in the lifecycle of data science, and their main task is to improve the quality of machine learning models. In general, they divide their work into two blocks – Work with the finished model of the project to assess the quality continuously and identify the areas that need to be improved. Gather online and offline metrics to find new architectures and signals for predictions. Data Engineer Data Engineers focus on technique optimisation and data construction in a conventional manner. They are in charge of preparing data for subsequent analysis, gathered from social networks, websites, blogs, and other internal and external web sources. It will then be formed into a structured form so that it can be shared with the data analyst for further steps. Data Architect The primary role of the Data Architect is to integrate, centralise, safeguard and maintain the data sources of the organisation’s life cycle. They have to work with the latest technologies to ensure the business stays on top and relevant. In addition, data architects also have a significant role in creating a blueprint for database management, organising data both at macro and micro levels. Machine Learning Engineer A job profile of a machine learning engineer involves the responsibility of providing advice on which model can be applied to acquire the desired outcomes and build a solution to offer accurate output. They have to design and implement machine learning-related algorithms and applications, including prediction, and anomaly detection, to address the business challenges. They collaboratively build data pipelines, benchmark infrastructure, and A/B testing. Conclusion When it comes to better decision-making, data is inevitable. This is also true on an organisational level, where the majority of today’s businesses rely on data-driven decisions and strategic plans to achieve their long-term goals. Implementing a perfectly defined data science lifecycle will help you optimise and streamline business operations. Enrol in the Master’s Programme in Data Science provided by the Manipal Academy of Higher Education (MAHE) through Online Manipal, which will help you boost your intelligence and hone your skills in data science, allowing you to emerge as a competent individual in the industry. In a nutshell, due to the accelerating rate of data sources, data science has become one of the fastest growing fields, enabling businesses to interpret data and provide actionable insights to improve outcomes.
10 reasons why you should choose an online MBA in India In a rapidly evolving business landscape, the pursuit of an MBA degree has never been more relevant. While choosing to do your MBA, there’s no better option than an online MBA in today’s fast paced world. Virtual classrooms are as innovative and interactive as traditional MBAs and offer working professionals with flexible learning opportunities. An online MBA is convenient, affordable, and recognized at par with a traditional MBA degree. Online MBA also facilitates global networking, which is essential for every professional today. In this blog, we give a deep dive into why pursuing an online MBA in India can be the best choice for you. Read more: 10 signs you’re best suited for an online MBA What is an online MBA program? An online MBA is a virtual replica of the traditional MBA. An online MBA program is delivered in a fully virtual mode, where live classes are conducted via a virtual learning platform. Moreover, online MBA courses in India are recognized at par with on-campus degrees. In an online MBA degree, you can interact with peers & world class faculty, work on assignments, case studies, and write online proctored exams from the comfort of your home. 10 reasons to choose online MBA The popularity of online MBAs have risen over the last few years, and has become a top choice among graduates and working professionals. Here are top reasons to choose an online MBA. Flexible & accessible The ability to access online lectures and other study resources from any location can make or break your academic success. You can choose the best study locations for your learning pattern, and you can continue your MBA studies despite job changes, migration, travel, or other life events. The ability to access online lectures and other study resources from any location can make or break your academic success. You can choose the best study locations for your learning pattern, and you can continue your MBA studies despite job changes, migration, travel, or other life events. Worldwide recognition An online MBA degree is recognized at par with traditional MBA. Moreover, online MBA degrees today are recognized worldwide. So, you can explore international job opportunities or plan to study further after completing an online MBA. Cost-saving By enrolling in an online MBA, you can avoid the exorbitant tuition fees associated with traditional full-time MBA programmes at prestigious MBA schools. There is no additional commuting, which will save you both money and time. Moreover, with an online MBA, you can continue working while completing your program. This precludes you from losing your paycheck, and you can pay a portion of your fee with a portion of your salary. Choose from top universities Online MBA degrees know no boundaries. You can pursue an online MBA from any university in the world, given you meet the eligibility criteria mentioned by the respective university. Pursuing an online MBA from a reputed university adds great value to your resume and professional advancement. Read more: How to get an online MBA from a premium university without CAT Wide range of specializations Online MBAs offer a wide variety of in-demand specializations. From data science, business analytics, healthcare, FinTech, healthcare, project management, and more. This allows you to choose a specialization that aligns to your career goals and you can tailor your education. Accelerated career growth Online MBA widens the avenues for working professionals to pursue their careers and education together. Learning online enables them to update their domain knowledge and apply this newly acquired knowledge and skills in their profession. Upon successful completion of an online MBA degree, they can advance in their career by taking up new roles in managerial or leadership positions. Hence, in many ways, an online MBA helps working professionals grow in their careers. Easier career switch If you are planning to switch your career, then an online MBA can be a gamechanger in your professional journey. Online MBA can be your best pick for a career switch, as you can pursue it in any specialization. This facilitates a smooth career transition. For example, an experienced mechanical engineer can enroll in MBA marketing and eventually switch to a career in the marketing sector. Global networking & alumni access The ability to network with new people is what makes an online MBA program valuable. You can network with peers from around the world that will help you build invaluable industry connections. Engaging with peers from different countries also gives you a global perspective in your online MBA degree. Moreover, you will have access to the university’s alumni network, which will help further expand your professional network. Read more: International employment opportunities with online MBA Managerial and leadership skills An online MBA in India allows you to refine your managerial and business skills while also gaining a new professional fulfillment perspective. It can assist you in developing business skills such as strategic thinking and leadership. These skills will boost your confidence, allowing you to seize new professional opportunities or drive transformation in your current role. Because online MBA programmes place a premium on business management, leadership, and marketing. Both hard and soft skills are useful. Many jobs require more than just technical skills to complete the work correctly. Soft skills are required for all careers to make hard skills marketable. Higher earning potential Online MBA programs prepare you for high-paying positions in today’s competitive market, in addition to broadening your employment options. After earning an MBA, you will be able to obtain a high-paying job easily. The instructors in the online MBA program are experts in marketing, accounting, communication, organizational behavior, and other fields. The industry you choose and the firm you join will also have an impact on your salary. Read more: What’s the job market for MBA graduates? Why choose Online Manipal for your online MBA? Online Manipal gives access to online MBA degrees from premium institutes like Manipal Academy of Higher Education (MAHE), Manipal University Jaipur (MUJ), and T.A. Pai Management Institute. Manipal Academy of Higher Education (MAHE) Specially tailored for working professionals, an online MBA from MAHE gives you the right boost to your career. With 10 in-demand specializations like HRM, Data Science, Business Analytics, Supply Chain Management, Healthcare Management and more, you can tailor your career path according to your requirement. A NAAC A++ accredited university, MAHE’s online MBA degree elevates your career and helps you explore a wide range of lucrative job opportunities. Manipal University Jaipur Manipal University Jaipur is NAAC A+ accredited. Established in 2011, the university has gained fame for delivering quality education. MUJ widened its presence to online space by offering a host of UGC-entitled online degree programs. The online MBA at MUJ is a comprehensive curriculum which was delivered through the state-of-the-art learning management system (LMS). Online MBA comes with 13 in-demand specializations like Finance, Marketing, Analytics & Data Science, IT & FinTech, Project Management, and more. T.A. Pai Management Institute (TAPMI) TAPMI offers an online MBA in Banking & Financial Services, a premium program designed for working professionals who are willing to excel in the new-age BFSI sector. This online program offers four industry-oriented elective baskets that help you gain the right expertise. Conclusion An online MBA offers a plethora of job opportunities to both fresh graduates and working professionals. It allows you to study flexibly, advance your career in a short span of time and increase your earning potential. So choose the online MBA that fits you right.
