Is an MBA good after B.Pharm? A B.Pharm degree opens doors to a world of opportunities. If you are willing to unravel the synergies between pharmaceutical knowledge and business management,an MBA degree is a great option after a B.Pharm degree, as it combines business and science to prepare students for work in the pharmaceutical industry. This blog gives you a deep dive into how an MBA in pharmaceutical management can be a great option after B.Pharm. Why should I consider an MBA after B.Pharm? Here are the top reasons why an MBA is a great choice after B Pharmacy MBA is a sought-after degree Undoubtedly, MBA is among the sought-after and in-demand master’s degrees today. Irrespective of which undergraduate degree you have pursued, you can pursue an MBA degree. An MBA equips you with business knowledge, managerial & leadership skills will help you explore lucrative career opportunities in the pharmaceutical industry. Improve your career prospects An MBA in pharmaceutical management helps you explore management roles in the pharma industry. An MBA opens doors to a wide range of managerial and leadership roles in pharmaceutical companies and healthcare organizations, which are in demand. You may also be able to earn a higher salary if you pursue an MBA after B.Pharm Develop business acumen An MBA degree equips you with the skills and knowledge you require to make complex business decisions in the pharma industry. An MBA degree will help you make informed business decisions for your organization. Build a network Networking is integral for any working professional today and an MBA degree provides ample opportunities to connect and interact with peers from diverse backgrounds. This can help you connect with professionals from your industry and keep pace with industry trends and developments. Entrepreneurship opportunities An MBA in Pharmaceutical Management equips you with the skills and knowledge to launch your own venture in pharmaceuticals. This degree can prove to be invaluable for students willing to start their own clinic or pharmacy. Read more: How an MBA helps you build a career in pharmaceuticals Which is the best MBA after B.Pharm? There are a pool of MBA degrees you can choose from after completing your B.Pharm. However, if you want a blend of science and business, you can choose to pursue the following MBA degrees. MBA in Pharmaceutical Management An MBA in Pharmaceutical Management equips learners with specialized expertise needed to thrive in the expanding pharmaceutical sector. Through this program, you will gain in-depth knowledge in essential areas such as pharmaceutical marketing, pharmaceutical logistics management, pharmaceutical regulatory environment, and more. This program prepares you to become a sought-after professional in the pharmaceutical industry. Through this MBA in Pharmaceutical Management, you can explore job roles like Pharmaceutical Sales Manager, Regulatory Affairs Manager, Pharmaceutical Marketing Manager, and more. Read more: Top jobs after MBA in Pharmaceutical Management MBA in Healthcare Management An MBA in Healthcare Management is also a good option after B.Pharm. An MBA in Healthcare Management equips you with the right skills needed to excel in the dynamic healthcare industry. You will acquire essential competencies such as strategic planning, financial management, and leadership through the study of health informatics, hospital planning, infrastructure management, quality management in healthcare, and other vital topics. You can explore jobs like Healthcare Manager, Hospital Administrator, Physician Relations Liaison, and more. Read more: MBA in Healthcare Management vs MBA in Pharmaceutical Management MBA in Pharmaceutical Management: Highlights CourseMBA in Pharmaceutical ManagementDuration2 yearsSemestersFour semestersEntrance examCAT/MAT/GMAT/XAT/Other Exams (Varies with university)EligibilityBachelor’s degree from a recognized universityFeeINR 80,000- INR 10,00,000Top jobsPharmaceutical Sales Manager, Regulatory Affairs Manager, Pharmaceutical Marketing Manager, Drug Inspector, Market Research Analyst, etc Read more: Scope of pharmaceutical management in India Benefits of pursuing MBA in Pharmaceutical Management An MBA in Pharmaceutical Management helps you gain industry-specific knowledge required to explore management roles in the pharma industry. This degree helps you become an accomplished pharma professional by giving you a deep dive into various aspects of pharmaceutical management. You will gain key skills like pharmaceutical production management, pharmaceutical logistics management, and pharmaceutical marketing with an MBA in pharmaceutical management. An MBA degree holds great value in today’s world and can help you explore high-paying job opportunities in the pharma and healthcare sector. Top jobs after MBA in Pharmaceutical Management Here are the top careers you can explore after an MBA in Pharmaceutical Management. Job RoleAverage salary Pharmaceutical Marketing Manager INR 29 LPAPharmaceutical Purchase ManagerINR 11 LPAQuality Assurance Manager INR 10 LPAFormulation Pharmaceutical Technology ScientistINR 10 LPADrug Distribution ManagerINR 9 LPAMarket Researcher & Drug Developer INR 8 LPA Source: AmbitionBox Why choose MAHE’s online MBA in Pharmaceutical Management The online MBA In Pharmaceutical Management offered by Manipal Academy of Higher Education is designed to specific needs of working professionals. It gives you the practical knowledge and skills required to land high-paying jobs in the pharmaceutical industry. This online MBA degree allows you to study at your own pace, attend flexible live classes, access recorded lectures, build your industry connections and write your online proctored exams, while continuing to work.
MBA Operations Management course guide Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. It involves overseeing the design, planning, control, and improvement of various processes and systems that produce goods or deliver services. The primary objective of operations management is to optimize resource utilization, enhance productivity, and ensure customer satisfaction. An operations manager is usually the one who is put in charge of managing and looking after the work of all the departments and human resources, thereby ensuring that all the departments are working smoothly, and work is delivered on time. The primary goal of the operations department is to provide dependable, predictable services and products. This also means that individuals will be attempting to reduce variations in the product so that customers can trust the consistency of your product. What is the scope of a career in operations management? The scope of operations management is broad and encompasses multiple areas such as supply chain management, production planning and control, inventory management, quality management, project management, and process improvement. Professionals in operations management are responsible for streamlining operations, managing logistics, optimizing workflows, and ensuring smooth operations within an organization. A career in operations management offers diverse opportunities across industries such as manufacturing, healthcare, logistics, retail, hospitality, and technology. It is well-suited for individuals who possess analytical and problem-solving skills, have a keen eye for process improvement, and enjoy working in dynamic and fast-paced environments. Check out: How will an MBA in operations management benefit engineers What is an MBA in Operations Management? An MBA (Master of Business Administration) in operations management is a specialized degree program that provides in-depth knowledge and skills related to the field. It focuses on developing a comprehensive understanding of operations management principles, strategies, and best practices. Students pursuing an MBA in operations management learn about topics such as supply chain management, operations strategy, quality management, project management, and process optimization. The course provides a global perspective on industry trends and equips individuals with skills to meet client demand. Furthermore, with the advancement of technology, agile innovation has solved the age-old problem of integrating operations and innovation. It provides individuals with conceptual frameworks and analytical tools to design and manage operational processes. An Overview of MBA Operations Management Particulars Course details MBA in Operations Management course Postgraduate Duration of the course 2 years Eligibility of the course Bachelor’s degree Entrance exams CAT exam, MAT exam, GMAT exam, CMAT exam, XAT exam, NMAT exam Subjects in MBA Operations Management course Microeconomics Business Studies Marketing and Consumer Behaviour Organization Behaviour Financial Statement Analysis & Reporting Fee for the course INR 1,00,000 to INR 9,00,000 Average salary ₹ 2.7 Lakhs – ₹ 19 Lakhs Top companies recruiting Airtel, Amazon, Samsung, Wipro, Johnson and Johnson, PWC, EY, Colgate etc. Why should you choose an MBA Operations Management program? Specialized knowledge: The program provides a deep understanding of operations management concepts, strategies, and tools, enabling graduates to excel in roles specifically related to operations. Enhanced career prospects: An MBA in operations management enhances career opportunities and opens doors to leadership positions in operations, supply chain management, and related fields. Industry network: MBA programs often provide opportunities for networking with industry professionals, which can be valuable for career advancement and accessing job opportunities. Salary potential: Professionals with an MBA in operations management generally command higher salaries compared to those without an advanced degree, particularly in managerial and leadership roles. Transferable skills: The skills developed during an MBA program, including critical thinking, problem-solving, leadership, and communication, can be applied to various industries and functional areas beyond operations management. Also read: MBA operations management after BCom Who should do an MBA in Operations Management? An MBA in operations management is most suited for individuals who have a keen interest in managing operations, improving efficiency, and optimizing processes within an organization. It is beneficial for professionals aiming for leadership roles in operations, supply chain management, production management, or consulting. The program equips students with a strong foundation in business and operations management principles, which can be applied to various industries and organizational contexts. Today, many reputed universities like Manipal University Jaipur offer online MBA programs with several career-focused electives to choose from, including operations management. These online programs are UGC-entitled and have the same value as an on-campus program but are more flexible and affordable. Skills required for a job in operations management There are some skills that you must possess to get a job in operations management: People management skills Organizational skills Motivational skills Analytical skills Technology skills Decision-making skills Maintaining the standard of quality Data analysis in logistics Supply chain management Product design Top careers after an MBA in operations management After completing an MBA in operations management, graduates can pursue a variety of rewarding and high-demand careers. Here are some of the top careers to consider: Operations Manager: Operations managers oversee the day-to-day operations of a company, ensuring efficient production, quality control, and supply chain management. They are responsible for optimizing processes, managing resources, and improving operational efficiency. Operations managers can earn an annual salary of up to 18 lakhs. Supply Chain Manager: Supply chain managers are in charge of overseeing the entire supply chain, from procurement to delivery. They manage inventory levels, negotiate with suppliers, optimize logistics, and ensure smooth operations across the supply chain. Supply chain managers can earn an annual salary of up to 26 lakhs. Logistics Manager: Logistics managers focus on managing the movement of goods and materials throughout the supply chain. They coordinate transportation, warehousing, and distribution activities, ensuring timely and cost-effective delivery. Logistics managers can earn an annual salary of up to 21 lakhs. Production Manager: Production managers are responsible for overseeing the manufacturing or production processes within a company. They manage production schedules, monitor quality standards, optimize workflows, and ensure efficient utilization of resources. Production managers can earn an annual salary of up to 24 lakhs. Project Manager: Project managers handle the planning, execution, and successful completion of specific projects within an organization. They coordinate resources, manage timelines and budgets, and ensure project objectives are met. Project managers can earn an annual salary of up to 28 lakhs. Operations Consultant: Operations consultants work with organizations to identify and solve operational challenges. They analyze processes, provide recommendations for improvement, and assist in implementing effective strategies to enhance operational efficiency. Operations Consultants can earn an annual salary of up to 15 lakhs. Process Improvement Manager: Process improvement managers focus on identifying inefficiencies and implementing initiatives to optimize processes and increase productivity. They use methodologies such as Lean Six Sigma to eliminate waste and streamline operations. Process Improvement Managers can earn an annual salary of up to 32.7 lakhs. Operations Research Analyst: Operations research analysts use mathematical and analytical methods to solve complex operational problems. They apply optimization techniques to improve processes, enhance resource allocation, and support decision-making. Operations Research Analysts can earn an annual salary of up to 12 lakhs. Check out: How to become an operations manager Eligibility for an online MBA in operations management at Manipal University Jaipur Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognized university/institution or an equivalent qualification as recognized by the Association of Indian Universities with a minimum of 50% aggregate in graduation (45% for reserved categories) Candidates must clear Manipal University Jaipur’s online aptitude test as part of the application process. Candidates with a valid score (40 percentile) from any aptitude test (CAT/MAT/CMAT/XAT/GMAT) need not appear in the above test MBA Operations Management syllabus semester-wise breakdown The curriculum of online MBA in Operations Management program from Manipal University Jaipur is as follows: Semester 1 Semester 2 Semester 3 Semester 4 Management Process and Organizational Behavior Production and Operations Management Research Methodology Strategic Management and Business Policy Business Communication Financial Management Legal Aspects of Business International Business Management Statistics for Management Marketing Management Advanced Production and Operations Management Business Leadership Financial and Management Accounting Management Information System Enterprise Resource Planning Services Operations Management Managerial Economics Operations Research Logistics and Supply chain Management Total Quality Management Human Resource Management Project Management Applications of Operations Research Production, Planning and Control Advanced Project Management Also read: Concepts you’ll learn in an MBA in operations management Skills required for a job in operations management There are some skills that you must possess to get a job in operations management: People management skills Organizational skills Motivational skills Analytical skills Technology skills Decision-making skills Maintaining the standard of quality Data analysis in logistics Supply chain management Product design Online MBA in Operations Management course fee structure The total course fee for an online MBA from Manipal University Jaipur is around INR 1,66,000, which is around INR 41,500 per semester. EMI options: Starting at INR 6,917 Conclusion Pursuing an MBA in Operations Management can be a highly rewarding choice for individuals seeking a dynamic and influential career. This specialized degree equips graduates with a comprehensive understanding of operations management principles, strategies, and best practices. With a strong demand for operations management professionals across diverse sectors, an MBA in Operations Management offers a valuable pathway to a fulfilling and impactful career.
MBA in business analytics course guide Business analytics is a lucrative and in-demand career option that involves data-driven insights to inform strategic decisions within organizations. It’s ideal for individuals who possess a strong analytical mindset, enjoy problem-solving, and have a keen interest in data. Pursuing a career in business analytics can be immensely rewarding as it allows professionals to decipher complex data sets, identify trends, and provide actionable recommendations that drive business growth and efficiency. The study of the data analytics aspect of managing a business is included in an MBA in Business Analytics program. An MBA in Business Analytics acts as a steppingstone into this field, offering a comprehensive blend of business acumen and data analytics expertise. This specialized degree equips graduates with the skills to extract valuable insights from data, making them invaluable assets to businesses across industries. Through coursework that covers data analysis, statistical modeling, and business strategy, an MBA in Business Analytics empowers individuals to launch successful careers in this dynamic and high-demand field. What is an MBA in Business Analytics? An MBA in Business Analytics equips students with a combination of business acumen and data analytics skills, making them valuable assets to organizations in various industries. Graduates can pursue diverse career paths and find job opportunities with top companies and consulting firms. The skills acquired are highly transferable and applicable in numerous fields beyond traditional business settings. An overview MBA in Business Analytics Aspect MBA in Business Analytics Course Level Master’s Degree (Postgraduate) Duration 2 years Fee range INR 100,000 – INR10,00,000 (varies by institution) Skills gained Data analysis, statistical modeling, data mining, programming (e.g., Python, R, SQL), data visualization, business strategy, decision-making based on data. Top recruiters Amazon, Google, Microsoft, IBM, Deloitte, Accenture, Capgemini, PwC, EY, McKinsey & Company, Financial institutions (e.g., JPMorgan Chase, Goldman Sachs). Top jobs Data Analyst, Business Analyst, Data Scientist, Data Engineer, Business Intelligence Analyst, Analytics Manager, Consultant, Risk Analyst, Market Research Analyst. Also read: How to get into business analytics Why choose a career in business analytics? For a graduate of MBA in Business Analytics, job opportunities are endless. But in addition to these possibilities, this degree also has a lot of other benefits for your job, as discussed below. Level up your analytical skills Online Manipal brings to you MAHE’s MBA in Business Analytics. This program will prepare and train you with the latest and high-demand tools and skills that are useful in an organization. Moreover, the demand for business analysts worldwide is increasing. Prestigious national and worldwide companies hire professionals with an MBA in business analytics. This offers you the option of having a career that is appealing to people worldwide and the opportunity to travel while working. Helping businesses launch or expand Businesses use business analytics to better understand the market, identify risks, learn more about their customers’ buying habits and preferences, and utilize this information to improve their goods and services. Therefore, if you have received training in this area, you have the expertise to establish, reinforce, improve, and expand businesses. Ability to create effective strategies and solutions The modern business market presents difficulties that call for clever responses and approaches. And working in this industry gives you the knowledge and abilities needed to create such creative plans that meet the demands of the market today. Thus, your decision to pursue an MBA in Business Analytics will help you better comprehend the opportunities and difficulties in your line of work. Keep a tab at the most recent market trends. Business analytics is a field that is continually developing and seeing breakthroughs every day. Additionally, customer needs are constantly evolving. You will be better able to keep up with the most recent industry developments that enable firms to service their clients more effectively if you have an MBA in Business Analytics. Check pout: Popular business analytics techniques Who should choose a career in Business Analytics? Individuals who possess the following traits and interests are well-suited for a career in business analytics: Analytical mindset: Those who enjoy analyzing data, drawing insights, and solving complex problems. Strong communication: Effective communication skills are essential to convey data-driven insights to non-technical stakeholders. Business acumen: An understanding of business operations and strategies to provide valuable insights. Tech-savvy: Comfort with data analytics tools, programming languages, and statistical methods. Check out: Top careers in business analytics How can I learn an MBA in Business Analytics? An MBA in business analytics can be done in various ways. Three of which are regular, distance, and online modes of education. Regular mode A typical MBA program lasts two years and is broken into four or six semesters. However, several private institutions additionally offer one-year PGDM programs. The regular MBA is widely opted among students. Distance mode Candidates who apply for a distance MBA complete the program through correspondence and remote communication. The course is designed for people with little free time and money because it is economical and flexible. Depending on your preferences, the course can be completed in two to five years. Online mode Due to its ease and flexibility, an online MBA program is currently the most popular. Video conferencing is used to deliver lectures for the online MBA program, and a learning management system (LMS) is used to share notes, tests, and assessments. One can apply in an online MBA in business analytics program while residing in another city because there are no on-campus classes. Online Manipal is an excellent platform for you to pursue an online MBA in business analytics. Which is the best place to learn MBA in Business Analytics? Manipal Academy of Higher Education’s ( MAHE) online MBA in Business Analytics course available on the Online Manipal platform is the best place to obtain your degree, which will carve a smooth way to your dream job. Our world-class faculty, the most effective online pedagogy and advanced digital learning platforms enable us to be your best choice for this program. Also, our immersive learning experience will equip you with reliable placement opportunities. An MBA in Business Analytics provides real-world insights and industry knowledge, increased earning potential, a larger worldview, an effective communication skill set and strategic thinking. Online MBA in Business Analytics from Manipal Academy of Higher Education You may enroll from Manipal Academy of Higher Education (MAHE) through Online Manipal to start your MBA in Business Analytics degree. This program is 100 percent online specially designed for working professionals who desire to sign up for leadership roles in the global market. Technical knowledge, soft skills, and learning based on experience are highly valued here. Eligibility criteria for MAHE’s online MBA in Business Analytics Candidates have to fulfill every criterion listed below for their application form to be considered- Candidates must have a bachelor’s degree from a recognized university/institution with a minimum of 50% aggregate Candidates must have one year of work experience in reputed organizations. Fee structure for MBA in Business Analytics Total course fee – INR 2,60,000 Semester fee- INR 65,000 EMI options – Starting at 10,833/month* MBA Business Analytics- Full syllabus All business analytics subjects in MBA, including the elective, entail 3 to 4 credits each. The major project in the final semester carries a whole of 12 credits. Semester I Semester II Semester III Semester IV Managing people and organizations Financial management Management Accounting Entrepreneurship and Innovation* Financial reporting and statement analysis Marketing management Legal Aspects of Business Sustainability Managerial economics Strategic management Big Data Analytics Financial Analytics Managerial statistics IT for business Analytics using R and Python Marketing Analytics Business communication Business leadership Digital and Web Analytics HR Analytics Research methodology Minor Project Capstone Project Check out: Interesting business analytics case studies Business analytics skills you will learn from an MBA Since analytics is expanding, completing a management course and developing your analytical abilities will help you succeed in your job. Thus, you will gain the following skills through an MBA in business analytics: Industry knowledge Through MBA in business analytics, you will be able to gain industry knowledge and cope with the latest industry trends effectively. You will be able to comprehend numbers more clearly, develop logistical responses to pertinent hypotheses, and create more precise forecasts with the help of the course. Excel and statistical tools like SPSS, SAS, Sage, and Mathematics also help manage and analyze data. Visualization Nobody benefits from info that isn’t organized. Analytics specialists must be able to translate and visualize data in a clear, accurate, and understandable manner to extract value from it. High-demand visualization tools like PowerBI, Tableau and Qlik sense help understand a graph or chart clearly. These skills can be learnt through an MBA in business analytics. Good at communicating Companies believe that a better communicator makes a better decision-maker. Thus, it is essential to deliver findings simply to ensure that all participants get insights and can implement recommendations. People who work in the analysis must have good writing and presentation abilities to use facts to convey a story. Leadership in the right direction Leadership strengthens reliability, and management deals with making sure diversity mixes well even with complex circumstances, while negotiation focuses on achieving personal as well as professional goals. You can learn all this in the huge projects assigned to you in your final semester. Both a wide-picture and detail-oriented thinker Professionals in business analytics must be able to manage complex data and comprehend how their recommendations will impact a company’s bottom line. Access to a lot of information is useless if you don’t know how to use it to examine and enhance methods, procedures, and plans. Critical thinking Business analytics give rise to new perspectives to look at things differently and flexibly. They thoroughly analyze data and use their skills to determine decisions that could boost the company’s growth. Inquisitive People in this sector should be naturally curious and motivated to learn more and understand how things work. It’s critical to remain current with the industry and its changes even as analysts advance to managerial positions. A solution-seeker Analytics experts use logic, statistical analysis, and predictive analytics to provide advice that will address issues and advance a firm. Being a natural problem solver is helpful in a profession that aims to transform data into solutions instantly. Career options after MBA in Business Analytics Business analyst A business analyst’s daily responsibilities include processing, interpreting, and documenting various aspects of a business using data analysis. A business analyst combines internet technology (IT) skills with business functions to safeguard business efficiency. The average salary of a business analyst in India is INR 7 lakhs PA. Data analyst Data analysts inspect, cleanse, transform and model data to discover quality information, build conclusions and encourage problem-solving attitudes. The key job of a data analyst is to review data to recognize insights into a company’s consumers. This will enable the business to form marketable solutions. This information may then be revealed to the company’s leadership and stakeholders. The average salary of a data analyst in India is INR 5 lakhs PA. Operations analyst Someone who effectively solves problems internally and applies strategies oriented with goals is said to be an operations analyst. This profession includes prudent management of data, client reporting and aspects of trade processes. An operations analyst must work with the client support service manager and the operations team. The average salary of an operations analyst in India is INR 5 lakhs PA. Predictive modeler Predictive modelers use mathematical statistics adhering to science to get an idea of the future event’s outcomes. They use one or more statistical event databases to identify the probability of a set that belongs to another. Predicting significantly overlaps with machine learning as its word reaches more in academics, research and developmental contexts. Supply chain analyst A supply chain analyst is concerned with analyzing data and methods of predicting and enhancing a company’s delivery of products and services to consumers. The profit margins of a company can go up with the right supply chain analyst in action. Source: Ambition Box Fast track your career with an online MBA in Business Analytics from MAHE MAHE’s online MBA in Business Analytics helps working professionals looking to advance their career or switch a business analytics career from a different domain/ it also helps the get into managerial roles in reputed organizations, Flexible learning schedules, industry-relevant curriculum, experienced faculty, expert webinars, interactive and advanced LMS, and placement assistance are some of the key features of the online programs available on Online Manipal.
Reasons why data science is important What is data science? Data Science refers to the advanced analytical techniques and scientific principles used to extract useful and valuable information from given data. Businesses leverage data science for decision-making and planning robust strategies, yielding fruitful results among other benefits. The valuable data obtained through the application of data science in business plays a crucial role in generating insights. These insights offer organizations opportunities to enhance their operational efficiency, identify new business prospects, and significantly improve the marketing and sales programs of the company. As a result, data science is everywhere. According to a report, analysts have predicted 11 million data science job openings by 2026 in India alone. Relevance of data science In today’s digitally driven world, professionals use cutting-edge technology into actionable insights. With organizations opening doors to Big Data, the value of data scientists has risen. Without data, modern organizations cannot sustain and compete in the business world. There is enormous value in data analysis and processing, and this is where data scientists come into the spotlight. According to IDC, by 2025, global data will grow to 175 zettabytes. Data science enables companies to efficiently understand gigantic data from multiple sources and derive valuable insights to make smarter data-driven decisions. Data science is widely used in various industry domains, including marketing, healthcare, finance, banking, policy work, and more. That explains why data science is important. How data science adds value to businesses Data-backed insights for organizations to make better decisions Besides giving rapid growth to the company, data science includes aiding financial risks, managing and collecting the measures, and keeping the performance in view for the improvement of the organization’s decision-making. It helps guide the management and the business owners in making the perfect decision for the growth of their business. Bringing out the best in the business is now possible with data science. Decision making with quantifiable, data-driven evidence Organizations are more likely to use the Trend Analysis to evaluate censorious decisions for the customers to engage more, so the revenue is increased. With that, it is more likely to predict what is coming up in the future. Data Science can show and predict future happenings and foresee Future demand through insights making it easier for business owners. The insights are extracted from an organization’s data which provides decision-making with a proper estimation. Identification and refining of target audience Businesses today, due to the high competition, are in much need of proper analytics and knowledge of the demands of their customers. None of the tools is useful if you cannot understand the important aspects like demographics, target area, etc. This way, data science helps in providing meaningful insights by refining the data and identifying the most relevant target audience. This also helps save your revenue by not letting it get wasted on a non-targeted audience. Actionable insights based on trends, which in turn help to define goals Data Science is the best medium for presenting actionable insights. These insights are based on the trends that help define a proper goal for the organization. It is worth having a Data Scientist in the company so that they can examine and inspect the raw data of the company and establish a division that helps improve the performance and set up a goal for the company. Like economics, but a little advanced, data science displays a proper picture of customer behavior and provides a solution to their vital market campaigns and targeted paid media to boost sales. Recruiting the right talent for the organization With the changing trends and algorithms, Data Science keeps itself updated and uses the current data while imitating many operations. This is why it is always suggested to look for candidates with professional certificates to perform the role for your business. With the help of a Data Scientist, it becomes easy to translate data which is otherwise hard to read. With the growing demand for employment, it is difficult to find an outstanding person who is best suited for job roles offered by your business, and data science helps you in doing just that. Identifying new opportunities The Data Scientist starts by questioning the existing process and assumptions. This helps them develop significant methods and analytics algorithms. They identify new opportunities by constantly improving the valuable information derived from the organization’s data. Read more: Why data science is a must have skill Benefits of data science across sectors Apart from businesses, various other fields have witnessed that data science offers them high levels of ease and expertise of conducting their daily routine work. This has made them significantly need data science in their field. Some other fields that highly benefit from the usage of data science are mentioned below. Data science in healthcare The healthcare industry is one of the largest and most crucial industries in any nation; thus, there is no scope for error in this industry. Handling large chunks of data generated in the healthcare industry is not a task that can be handled manually. It needs the help of technology. With the help of data science, managing all the records, such as the history of the patients, has become easier and more efficient. Data science helps patients collect data about their health on a day-to-day basis. This assists the doctors in knowing the history of the patients, as well as in detecting any disease at an earlier stage. Consequently, the speed of treatment and diagnosis also faces a boost. The on-time and adequate treatment of each patient are facilitated, and the healthcare workflow has become smoother than before. Also, data science has helped reduce the scope of error in the data, which has, in turn, caused a reduction in the risk of failures while treating any patient. Data science in banking The database of banks is significantly large and includes important factors related to the clients, including their transactions, history, trends, etc. By using data science in their everyday applications, the banking sector has revolutionized the way banks used to work, making them more effective. Their operational efficiency has improved, and data analysis has become a task of a flick for them. Using data science, bankers can prevent and detect frauds in their banks. It helps them gather, summarize and forecast any fraudulent activity by analyzing the financial actions of the customer and detecting any suspicious activity. It also helps in risk modeling, i.e., determining the price of products and commodities in the financial sector. Data Science also benefits the banks by making it easier for them to offer customer support, conduct the segmentation of the customers, manage all their data and predict the lifetime value of a customer and many other important aspects. Data science in retail A retail business works efficiently by recognizing the trends of the customers. It helps them in formulating marketing strategies to promote their business and generate more leads and sales. However, it is not always possible for a person to keep in mind the trends followed by each customer. For example, if one of your customers is a pregnant woman, she would focus on plus-sized clothes or maybe go shopping for kids’ clothes in the later months of her pregnancy. Accordingly, it will be beneficial for the retail store to send her offers and sale intimations via mail or messages regarding maternity or baby shopping. Such a task is done by data science technology on its own. Apart from this, data science is used in the retail industry to offer customers recommendations and personalizations, manage customers’ data, prevent fraud, manage inventory, etc. It also has its applications in cross-selling and upselling. Customer lifetime value can also be predicted with the help of data science. Data Science in the IT industry In the present world, the generation and application of information is a critical economic activity. Data Science facilitates it with its power to extract information from large volumes of data. Information Technology makes our life easier by gathering and processing more data quickly and efficiently to provide results in hours contrary to days and weeks. Read more: Top 10 applications of data science Top jobs in data science As mentioned earlier, the demand for data scientists is higher than ever and there are a variety of job roles you can explore in this in-demand domain. Job rolesAverage salaryData Architect INR 25 LPAData ScientistINR 13.5 LPAData EngineerINR 11 LPAAI Engineer INR 10 LPADatabase AdministratorINR 10 LPAMachine Learning EngineerINR 10 LPABusiness Intelligence AnalystINR 8 LPABig Data EngineerINR 8 LPAData AnalystINR 7 LPASource: Glassdoor Steps to start a career in data science Earn a relevant degree: If you want to explore a career in data science, start by pursuing a relevant undergraduate degree. You can pursue a degree in computer science, statistics, mathematics, engineering, technology and other related subjects. Pursue a master’s degree: A master’s degree is key to exploring a lucrative job in data science. There are a plethora of master’s degrees in data science you can pursue like MSc in Data Science, MBA in Data Science or even a Postgraduate Certificate in Data Science. Gain technical skills: As a data scientist, you will need to gain technical skills that will help you ace your job. As a data scientist, you will deal with huge data sets. Skills like data wrangling, data visualization, and reporting are important to know. Learn to code: Coding is an essential part of data science. You need to know top programming languages like Java, SQL, Python & R to be able to deal with complex datasets. Read more: Does data science require coding? Familiarize yourself with tools: Creating charts and graphs is an important part of being a data scientist. Familiarity with tools like Tableau, PowerBI, Excel, and PowerPoint is essential. Pursue an internship: While you will gain technical knowledge and skills by pursuing a degree in data science, practical experience matters. Getting an internship in data science helps you discover how teams function and the kind of problems you deconstruct. Develop your portfolio: Highlight everything you have done during your internship in the portfolio and mention key skills you gained. This will help improve your credibility. Read more: How to get a job in data science? Top data science degrees to pursue A master’s degree in data science plays a key role in determining the kind of job you land. Here are some of the most popular degrees you can consider for a career in data science. MSc in Data Science A Master of Science in Data Science gives you the best push to pursue high-paying careers in the field of data science. This program will equip you with the knowledge of programming languages, statistics & probability, data visualization, data mining, and more, that is needed to explore technical jobs in data science. You will also master in-demand tools like Hadoop, Python, R, NumPy, Pandas, Apache and more. MBA in Data Science An MBA in Data Science helps you gain the key skills and knowledge required to boost your career. Along with gaining technical knowledge and skills, you will learn several aspects of business administration in this program. This degree would be a blend of technical knowledge and business acumen, which opens doors to a wide range of job opportunities. PGCP in Data Science A Postgraduate Certificate Program in Data Science helps you master trending data science & machine learning tools & techniques such as python programming, database management & SQL, statistical technique for data science, EDA & feature engineering, and data visualization. You will master key data science tools and concepts required to upskill in this domain. Why choose Online Manipal for your data science career Online Manipal gives you access to top data science online degrees offered by Manipal Academy of Higher Education. You get to pursue an online degree in data science from a premium institute like MAHE, which is flexible, accessible, and affordable. You will get to interact with peers and faculty worldwide, build your professional network and get the prestigious Manipal alumni status. Check out the online programs available on Online Manipal now!
MBA in Fashion Management course details A career in fashion management offers an exciting blend of creativity and business acumen. It’s ideal for those passionate about fashion and want to take up roles within the industry. An MBA in Fashion Management equips you with a well-rounded skill set. You’ll delve into fashion marketing, retail management, supply chain, and trend analysis. This program is tailored for aspiring fashion entrepreneurs, retail managers, brand strategists, or professionals seeking to advance in fashion-related roles. The scope is vast, spanning from luxury brands to retail giants, e-commerce firms, and startups. An MBA in Fashion Management imparts critical skills, including market research, trend forecasting, financial management, and leadership, making graduates highly sought-after. You’ll gain a competitive edge in a dynamic and globally competitive industry, with opportunities to influence trends, enhance brand value, and excel in fashion leadership positions. When pursuing courses in fashion management, numerous options are available to students, an MBA in fashion management being the most popular one. Pursuing this course adds a lot of value to your CV and helps you get your dream job in the industry. An overview of MBA fashion management The managerial aspect of the fashion industry is covered in the two-year postgraduate MBA in Fashion Management program. It focuses on managing fashion marketing, merchandising, and retailing as well as the creation of a brand’s image and reputation among the public at large. This course can make a huge difference in how your fashion career will shape up. Name of the course MBA in fashion management Mode Online/Offline Course duration 2 years Level Postgraduate degree (Master’s) Eligibility criteria Graduation with 50% marks Course fees INR 4 Lakhs to INR 10 Lakhs Tests accepted MAT, CAT, GMAT, CMAT, XAT, NIFT entrance exam, College entrance exams Required skills Creative designing, communication skills, stress management, confidence, team management Salary INR 17 to 50 LPA Top employers Spencers, Orient Style, Zara, Reebok, Puma, Reliance Retail, Raymond, etc. Also read: Is an MBA in fashion management worth it? Why choose an MBA in Fashion Management? Wondering why you should do an MBA in fashion management? Here are some of its benefits – Fusion of creativity and business: An MBA in Fashion Management combines your passion for fashion with essential business skills. Diverse career paths: Opens doors to roles in fashion marketing, retail management, supply chain, and entrepreneurship. Industry relevance: Stay ahead in a dynamic field, learning about trends, consumer behavior, and sustainability. Global perspective: Gain insights into international fashion markets and strategies, making you adaptable worldwide. Leadership skills: Develop managerial and leadership abilities crucial for fashion industry success. Networking opportunities: Connect with industry experts and peers, fostering valuable relationships for future endeavors. Who should choose an MBA in Fashion Management? Fashion enthusiasts: Ideal for those with a genuine passion for fashion, seeking to turn their interest into a fulfilling career. Aspiring entrepreneurs: Individuals looking to start their own fashion ventures or brands will benefit from the business acumen gained. Retail aspirants: Those interested in retail management, merchandising, or store operations in the fashion industry. Marketing professionals: Offers a niche specialization for marketers who want to focus on fashion and luxury brand management. Career progression: Professionals already in the fashion industry aiming to accelerate their growth into leadership and strategic roles. What are the different types of MBAs in Fashion Management? When it comes to MBA in fashion management, students get various options to choose from as per their convenience and preferences. Regular MBA in Fashion Management : This is the normal MBA in fashion management, where you need to go to college and attend classes regularly. When you choose this, you can explore college and campus life and experience new things. Below are some good colleges for regualr MBA in fashion management National Institute of Fashion Technology (NIFT): NIFT offers an MBA program in Fashion Management at its various campuses across India. It’s one of the premier institutions for fashion education. Pearl Academy: Pearl Academy has a strong reputation for fashion education and offers an MBA program in Fashion Business in collaboration with Nottingham Trent University, UK. Correspondence MBA in Fashion Management: This is another type of MBA in fashion management where you do need to attend classes in person. But you’re required to travel to the college on some days and to write your exams. Below are some good colleges for distance MBA in fashion management Symbiosis Center for Distance Learning (SCDL): SCDL offers a Post Graduate Diploma in Business Administration (PGDBA) with a specialization in Retail Management, which includes aspects of fashion management. It’s a respected institution for distance education. IGNOU (Indira Gandhi National Open University): IGNOU offers a Master of Business Administration (MBA) program with a focus on retail management, which can be relevant for fashion management careers. It’s one of the largest open universities in the world. Online MBA in Fashion Management: This is the type of MBA in fashion management under which you don’t have to attend classes physically. As the name suggests, you attend online classes and study at home. This is a good option for those who regularly work and don’t find time to go to college. Below are some good colleges for online MBA in fashion management Manipal Academy of Higher Education (MAHE): This is one of the most prestigious universities in India that offers an online MBA in Fashion Management, providing flexibility for students to study from anywhere in India. It covers fashion marketing, retail management, and more and is designed exclusively for working professionals. Amity University: Amity University offers an online MBA in Fashion Management, allowing you to gain expertise in the fashion industry while studying online. READ MORE: What are the advantages of pursuing an MBA in fashion management? Online MBA in Fashion Management from Manipal Academy of Higher Education (MAHE) Eligibility criteria for Manipal Academy of Higher Education’s MBA in fashion management Candidates must have a bachelor’s degree from a recognized university/institution with a minimum of 50% marks in aggregate in graduation. Candidates must have one year of work experience in reputed organizations. How to apply for MAHE’s online MBA in fashion management Visit the Online Manipal website, choose the MBA program (MAHE) & register by filling in your basic details and paying the application fee. Fill in your educational & work experience-related details. Pay the admission fee for the first semester /year or full program. Upload supporting documents & submit your application to complete the process. Fee structure for online MBA in Fashion Management Total course fee – INR 2,60,000 Fee per semester – INR 65,000 EMI options available – Starting at INR 10,833 MAHE’s online MBA fashion management syllabus – semester-wise subjects The list of subjects covered during the MBA in fashion management course is given below: Semester 1 Semester 2 Semester – 3 Semester – 4 Managing People & Organizations Financial Management Management Accounting Entrepreneurship and Innovation* Financial Reporting & Statement Analysis Marketing Management Legal Aspects of Business Sustainability Managerial Economics Strategic Management Fashion Merchandising & Marketing Supply Chain Management Business Statistics IT for Business Fashion Trend Forecasting Visual Merchandising & Packaging Business Communication Business Leadership Fashion Brand Management Fashion Product Study & Design Minor Project Capstone Project Check out: Why MAHE is the best university for higher education Fashion management skills you can learn from an MBA Pursuing an MBA in fashion management will allow you to hone your existing skills and earn new ones. Here are a few of the most important skills that you must work on acquiring – Strategic planning: Develop the ability to create and execute effective business strategies in the fashion industry. Market analysis: Gain insights into consumer behavior, market trends, and competitor analysis to make informed decisions. Brand management: Learn how to build, promote, and maintain strong fashion brands. Retail management: Acquire skills in managing fashion retail operations, from merchandising to customer experience. Supply Chain Management: Understand the logistics and distribution aspects of the fashion industry to optimize efficiency. Leadership and team management: Hone leadership skills to effectively manage teams and projects within the fashion sector. Also read: How to start a fashion brand What can I do after my MBA in Fashion Management? Candidates who pursue an MBA degree in-fashion management have a wide range of employment options in both the public and commercial sectors. The course provides the correct purpose for applicants who have an extensive understanding of the fashion industry and corporations. It encompasses much more than just the profession of a designer. Some of the industries that they can work are: Fashion Retail Luxury Brands Apparel Manufacturing E-commerce Fashion Marketing Textile Industry Fashion Consulting Event Management Job roles for MBA graduates in fashion management Some job roles you can get after completing your MBA in fashion management are listed below, along with the average salaries. Position Job description Highest annal salary Brand Manager They oversee and manage every aspect of the brand as part of their employment, and they also support advertising and marketing campaigns. INR 32 LPA Export Sales Manager They are in charge of creating and boosting the sales of various goods and merchandise in other towns, states, or nations. INR 24,7 LPA Marketing Manager They are in charge of overseeing and assisting in the development of numerous merchandising or advertising sales operations that support the selling of the goods. INR 23 LPA Design Manager They are in charge of the entire management and performance of a fashion agency or company. They oversee a design or visuals team, work on projects with coworkers, assign assignments, and evaluate completed work. INR 26 LPA Source Why is Manipal Academy of Higher Education’s MBA in fashion management the best? Top quality course curriculum, experienced lecturers, industry webinars by experts, Flexible learning schedules, free online learning materials, state-of-the-art learning management system (LMS), scholarships, easy financing options, and placement assistance are some of the key highlights of MAHE’s online MBA programs. Wrapping up The fashion industry is thriving and so are the career opportunities. If you are looking to build a successful career with industry-relevant skills and knowledge at your disposal, an MBA in fashion management will cater to all of your requirements, and much more. The course is created by the prestigious Manipal Academy of Higher Education (MAHE) and is easily accessible through Online Manipal. It will provide you with the right foundation and work as a steppingstone for your bright future. Enroll today!
MBA IT & FinTech course details FinTech is an emerging field that combines finance with technology by leveraging cutting-edge technologies to offer financial services effectively and seamlessly. It will help banks, insurance businesses, non-banking financing companies (NBFC), payment banks, stock trading, and investment advising organizations deal with day-to-day challenges and provide more customer-friendly solutions. Students interested in information and financial technology can enroll in this 2-year online MBA IT and FinTech program. By integrating two vital sectors of the surging market in management, this degree gives learners a competitive advantage in the job market. What is FinTech? FinTech (Financial technology) pertains to any technology that empowers financial services, including internet banking, mobile payment apps, and even cryptocurrencies. It is a broad category that includes a variety of technology, but its primary goals are to \assist how individuals and corporations manage their funds and to compete with established financial institutions. FinTech has revolutionized almost every facet of the financial sector over the past several years. Ten years ago, obtaining a mortgage, a small business loan, or even just transferring money from one account to another required a person to go to a bank or other financial institution. Using online and mobile services, one may invest, borrow, save, and transfer money without ever setting foot inside a bank, thanks to FinTech. FinTech solutions were reluctant to be adopted by traditional institutions, but new businesses and well-established firms are placing their bets on digitized financial services. Check out: Concepts to learn in MBA IT & Fintech An overview of MBA IT & FinTech Particulars Details Program full name Master of Business and Administration in It & FinTech Program level Postgraduate degree Duration of the program 2 years Eligibility Graduation Average program fee INR 2,00,000 – 3,00,000 Examination type Semester pattern Admission Entrance exam and merit-based Recruiting companies Amazon, Google, Deloitte, PayTM, HCL Top jobs Financial Analyst, Financial Manager, Private Equity Analyst, Etc What is an MBA in IT & FinTech? The MBA program in IT and FinTech is a 2-year postgraduate program that helps learners close the disparity between managerial and ingenious financial technology advancement and its implementations in financial services. MBA FinTech course can be pursued as an elective choice for individuals who desire to work in managerial positions in the digital technologies or fintech sectors. It will give students the much-needed professional lift they seek to increase their potential earnings and break into this quickly evolving field. Why should you choose an MBA IT & FinTech program? Fintech is an emerging sector advancing swiftly due to a variety of hopes and concerns about what this will ultimately imply for trade and markets. The following factors justify choosing this field for your career path: Growth and demand: The IT and fintech sectors are experiencing rapid growth and high demand for skilled professionals. Advancements in technology and the increasing digitalization of financial services have created a wealth of opportunities for individuals with expertise in both areas. Innovation and cutting-edge technology: IT and fintech industries are at the forefront of innovation, constantly pushing boundaries and developing new technologies. Working in these fields allows you to be part of groundbreaking initiatives such as blockchain, artificial intelligence, machine learning, and data analytics, which can be intellectually stimulating and rewarding. High salaries and compensation: Due to the specialized nature of IT and fintech roles, professionals in these fields often enjoy competitive salaries and compensation packages. The demand for skilled talent, coupled with the critical role technology plays in the finance industry, makes it possible to earn higher remuneration. Transferable skills: A career in IT and fintech equips you with valuable transferable skills. These skills include problem-solving, data analysis, project management, technical expertise, strategic thinking, and adaptability. These skills are highly sought after and can be applied in various industries, providing flexibility and career mobility. Continuous learning and professional development: Technology is constantly evolving, and staying updated with the latest trends and advancements is a crucial aspect of working in IT and fintech. This provides opportunities for continuous learning and professional development, ensuring that your skills remain relevant and valuable throughout your career. Global opportunities: IT and fintech roles often transcend geographical boundaries, allowing for international job opportunities. With the increasing globalization of technology and financial services, professionals in these fields can explore diverse career options around the world. Collaboration and cross-disciplinary work: IT and fintech roles often require collaboration and interaction with professionals from different backgrounds, including technology, finance, marketing, and operations. This cross-disciplinary work fosters a dynamic and diverse work environment, providing opportunities for learning from experts in various fields. Job security and stability: As technology becomes increasingly integral to the financial industry, the demand for IT and fintech professionals is expected to remain strong. This offers a certain level of job security and stability, with ample opportunities for career growth and advancement. Also read: Who can benefit from an MBA in IT & Fintech MBA IT & FinTech course syllabus Students may expect to learn about the evolving financial industry environments, the frameworks, and intellectual skills necessary to foresee and take advantage of future FinTech trends as part of the curriculum. The syllabus for an IT and FinTech course often includes teaching students about the fields of information technology and financial technology as well as the fundamental concepts and knowledge areas of management and corporate administration. The following are the main MBA in Fintech subjects: Semester 1 Semester 2 Semester 3 Semester 4 Management Process and Organizational Behaviour Production and Operations Management Research Methodology Strategic Management and Business Policy Business Communication Financial Management Legal Aspects of Business International Business Management Statistics for Management Marketing Management Database Management Systems Business Leadership Financial and Management Accounting Management Information System Software Engineering E-Commerce Managerial Economics Operations Research Technology Management FinTech Payments and Regulations Human Resource Management Project Management Business Intelligence and Tools Cryptocurrency and Blockchain Enterprise Resource Planning Admission procedures to enroll in an MBA IT & FinTech program Visit the Online Manipal website, choose the MBA program (MAHE) & register by filling in your basic details and paying the application fee. Fill in your educational & work experience-related details. Pay the admission fee for the first semester /year or full program. Upload supporting documents & submit your application to complete the process. Career prospects after an MBA IT & FinTech course The rapid technological advancements and the growing preference for fintech makes the MBA IT and FinTech scope massive, with excellent career options. Emerging FinTech companies have challenged the traditional financial services sector over the past years through the use of new technology and the quick delivery of customized, value-added services. People with the appropriate skill sets and knowledge of how these developing technologies can be used in the financial services sector are in high demand. With the help of MBA FinTech degree, candidates can better comprehend, evaluate, and take advantage of new financial breakthroughs and join the Fintech boom. There are many employment options in multiple industries for MBA graduates in IT and FinTech, including: Data Analysis Wealth Tech and Robo Advisors Risk and Compliance Cybersecurity Data Science Artificial Intelligence and Machine Learning Blockchain and Cryptocurrencies Mobile App Development Digital Lending Crowdfunding Also read: In demand fintech jobs and skills in 2023 Top jobs options after an MBA in IT & Fintech Fintech Product Manager: Fintech product managers are responsible for conceptualizing, developing, and launching innovative financial technology products or services. They work closely with cross-functional teams to define product strategies, conduct market research, gather customer feedback, and oversee the product development lifecycle. Data Scientist/Analyst: Data scientists and analysts play a crucial role in the fintech industry by analyzing vast amounts of financial and customer data to derive meaningful insights. They use statistical modeling, machine learning, and data visualization techniques to identify trends, build predictive models, assess risk, and optimize business processes. Blockchain Developer: As blockchain technology continues to revolutionize the financial industry, the demand for blockchain developers is on the rise. These professionals design, develop, and implement blockchain solutions, smart contracts, and decentralized applications (DApps) to enhance security, transparency, and efficiency in financial transactions. Cybersecurity Specialist: Given the sensitive nature of financial data and transactions, cybersecurity is of utmost importance in the fintech industry. Cybersecurity specialists help organizations protect their systems, networks, and customer information from cyber threats. They implement security measures, perform risk assessments, conduct audits, and respond to security incidents. Compliance Officer: Fintech companies must adhere to strict regulatory frameworks and compliance requirements. Compliance officers ensure that organizations comply with applicable laws, regulations, and industry standards. They develop and implement compliance programs, conduct audits, and provide guidance on risk management and regulatory matters. UX/UI Designer: User experience (UX) and user interface (UI) designers focus on creating intuitive, user-friendly interfaces for fintech applications and platforms. They conduct user research, design wireframes and prototypes, and collaborate with development teams to ensure a seamless and engaging user experience. Financial Analyst: Financial analysts in fintech companies assess investment opportunities, perform financial modeling, conduct market research, and provide insights for strategic decision-making. They analyze financial data, evaluate financial performance, and contribute to financial planning, budgeting, and forecasting processes. Payment Systems Specialist: Payment systems specialists are responsible for designing, implementing, and managing payment platforms and infrastructure within fintech organizations. They stay updated with the latest payment technologies, work with banking partners, and ensure seamless and secure payment processes for customers. Robo-Advisor Specialist: Robo-advisors use algorithms and automation to provide personalized investment advice and manage portfolios. Specialists in this area design and develop robo-advisory platforms, improve algorithmic models, and ensure regulatory compliance for automated investment services. Skills needed for a career in FinTech Even if you are not a digital whiz, fintech is a fascinating new area to follow because it offers opportunities to individuals with a range of skill sets. Here are the key abilities you’ll need to land a job if this is a field you’re interested in: Thorough understanding of blockchain Blockchain technology has upended several established sectors, with banking unquestionably being one of them. Companies stay fiercely competitive to recruit the best crypto-talent because there is a relatively small talent pool of individuals with blockchain competence and application-building skills. If you fit this description, you can have a wide range of job options. Exceptional coding abilities The best tech and fintech organizations usually employ workers who can improvise while developing apps, websites, and platforms. Fintech firms will continue to release even more digitized breakthroughs, which will drive up demand for talented people who can lead these new technology developments. The world of fintech is open to you if you have a background in computer science or information technology. Passion for numbers Fintech is heavily reliant on numbers, so having a basic grasp of finance-based math and the skills to comprehend charts and graphs and spot tendencies will be very helpful. You could enter the fintech sector more easily if you have a degree in mathematics. Competence in cyber security Fintech companies are actively seeking cybersecurity experts who can aid in protecting clients from costly breaches. Fintech is where you belong if you can contribute to the development of advanced security measures that can thwart thieves and quickly stop internet crimes from happening. Check out: How to pursue career in the emerging fintech domain Why is an online MBA from Manipal University Jaipur the best option? Online MBA with IT & FinTech as an elective offered by Manipal University Jaipur (MUJ), is tailored for candidates who want to work in managerial positions in the IT or financial technology sectors. Your ability to develop the necessary skill sets to land a lucrative career across industries will be enhanced with the help of an MBA in IT & FinTech elective. In today’s corporate environment, organizations are searching for future leaders who could enhance organizational performance. The online MBA program at Manipal University Jaipur (MUJ) can help you sharpen your business skills, get managerial experience, and expand your networking opportunities. Students at MUJ can study the training modules, view previously recorded lectures, engage with other students and faculty, and much more using the platform’s user-friendly interface. The online degree programs at MUJ provide learners with a terrific adaptable career development possibility with simple, bite-sized content. Students can learn on their timetable, study on the go, engage with experts in the field and seek guidance, connections, and prospects to prosper and significantly advance their career prospects. Eligibility requirement to get admission into MBA from Manipal University Jaipur Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognized university/institution or an equivalent qualification as recognized by the Association of Indian Universities with a minimum of 50% marks in aggregate in graduation (45% for reserved categories). Candidates must clear Manipal University Jaipur’s online aptitude test as part of the application process. Candidates with a valid score (40 percentile) from any aptitude test (CAT/MAT/CMAT/XAT/GMAT) need not appear in the above test. Scholarships and easy financing options Defense personnel, government employees, people with disabilities, and deserving students can apply for scholarships from MUJ. No cost-EMIs are also provided to reduce the financial burden on students. MBA from Manipal University Jaipur is a cost-effective option, thanks to these scholarships and easy financing options. Conclusion For MBA graduates, fintech has the potential to open up a wealth of job options and usher in a newfound epoch of financialization. You will acquire the necessary information and abilities as an IT expert to further your career in the financial technology industry after completing FinTech certification programs. You should enroll in the online MBA in IT and Fintech program from Manipal University Jaipur, if you want to undertake a comprehensive curriculum that will enhance your resume greatly, thus ensuring advancement in your profession.
MBA BFSI course details BFSI stands for “Banking, Financial Services, and Insurance.” It is a dynamic sector that encompasses banks, financial institutions, investment firms, and insurance companies. Pursuing an MBA in BFSI can be a game-changer for launching a career in this field. It provides knowledge and skills crucial for success in BFSI, such as financial modeling, risk assessment, market analysis, and regulatory compliance. Career opportunities in BFSI are abundant, offering roles like financial analyst, investment banker, risk manager, insurance underwriter, and more. Additionally, an MBA program often includes internships and networking opportunities with industry professionals, enhancing your practical experience and connections. With an MBA in BFSI, you become a competitive candidate, well-equipped to navigate the complexities of this sector, make informed financial decisions, and seize leadership roles with attractive salary packages. An overview of MBA in BFSI MBA BFSI Full-Form Masters of Business Administration in Banking, Financial Services and Insurance MBA BFSI Course Level Postgraduate MBA BFSI Course Duration 2 years MBA BFSI Eligibility Bachelor’s degree MBA BFSI Course Fee Ranges between INR 1,20,000 to INR 25,00,000 MBA BFSI Examination type Semester pattern MBA BFSI Admission Merit-based or entrance-based MBA BFSI Average Salary Salary range in the industry INR 7 to 25 LPA MBA BFSI Recruiting Companies ICICI, State Bank of India (SBI), YES Bank, HCL, Bajaj Alliance, etc. MBA BFSI Job profiles Accounts Manager, Equity Research Analyst, Business Analyst, Executive Assistant, Corporate Analyst, Marketing Manager, Marketing Analyst, Finance Manager, Cashier, Investment Banker, etc. Check out: Why choose an MBA in BFSI? What is an MBA BFSI? A Master of Business Administration (MBA) in Banking, Financial Services and Insurance (BFSI) is a course that helps you build a strong foundation in the BFSI sector. You will learn about the various skills and tools needed to succeed in the Finance sector. This course mainly covers these topics: Risk Management Financial Accounting Working Capital Management Investment Banking Mergers and Acquisitions Business Valuation, and much more. Check out: Concepts you’ll learn in an MBA in BFSI program Career prospects after an MBA BFSI course After completing an MBA BFSI course, you can pursue further studies in the domain of Banking and Finance, or you can start working in the BFSI industry. The following sections talk about the scope of an MBA in banking and finance. Higher education opportunities after an MBA in BFSI You can opt for a PhD or a doctorate in the field of Banking and Finance after completing the MBA in BFSI. You can also opt for another master’s course in a similar field to broaden your skills and knowledge. You can also pursue a second or executive MBA after getting an MBA in BFSI. Some of the courses you can pursue after an MBA in BFSI are: Master’s in technology in Banking Master’s in philosophy in Banking SAP Course NSE’s Certification in Financial Markets Project Management Professional (PMP) certification ISB Certificate Program in Business Analytics Financial Risk Manager Exam Doctor of Business or PhD in Business studies Personality Development Course Jobs you can get after MBA in BFSI with salary details There are many viable career options for you to choose from after completing an MBA in BFSI. Financial Analyst: Financial analysts evaluate investment opportunities, assess the financial health of companies, and provide recommendations to clients or their organizations. They play a crucial role in investment management and risk assessment. Investment Banker: Investment bankers help companies raise capital through various financial instruments, such as IPOs (Initial Public Offerings) or private placements. They also provide advisory services on mergers and acquisitions (M&A) and other financial transactions. Risk Manager: Risk managers assess and mitigate financial risks within organizations. They analyze market, credit, and operational risks, develop risk management strategies, and ensure compliance with regulatory requirements. Asset Manager: Asset managers oversee investment portfolios on behalf of individuals, institutions, or mutual funds. They make investment decisions to maximize returns while managing risk. Credit Analyst: Credit analysts evaluate the creditworthiness of individuals or businesses seeking loans or credit. They assess financial statements, credit reports, and other relevant data to determine the likelihood of repayment. Insurance Manager: Insurance managers are responsible for managing insurance products and portfolios. They assess risk, set premiums, and make underwriting decisions to ensure profitability for insurance companies. Corporate Finance Manager: Corporate finance managers work within organizations to manage financial planning, budgeting, and strategic financial decision-making. They often play a key role in capital allocation and investment analysis. Compliance Officer: Compliance officers ensure that financial institutions and organizations adhere to regulatory requirements and industry standards. They develop and implement compliance policies and procedures to minimize legal and regulatory risks Check out: Emerging trends in BFSI How can I pursue an MBA in BFSI? If you are interested in pursuing a BFSI MBA, you can do it via 3 different modes: online, distance education, or regular offline classes. In online mode, you will attend all your courses and exams using internet-enabled devices such as computers, mobiles, etc. This mode offers flexibility in terms of time and place to the candidates. They can take up the courses according to their own pace and availability. In distance learning mode, the teacher and candidates are separated by time and distance. It uses various media for communication, physical books, e-books, online courses and occasional face-to-face classes. Generally, the candidates have to be physically present for the examinations in a distance learning program In a regular or offline mode of education, the candidates are expected to attend colleges and universities for lectures and lessons. Offline mode enables the students to interact face-to-face with their teachers, peers, etc Manipal University Jaipur offers a 2-year MBA in Banking, Financial Services and Insurance programme that is completely online. What is the eligibility to pursue an MBA in BFSI? Here’s the eligibility criteria to get admission into Manipal University Jaipur’s online MBA in BFSI: Candidates must have a bachelor’s degree from a recognized university/institution with a minimum of 50% marks in aggregate in graduation Candidates must clear Manipal University Jaipur’s online aptitude test as part of the application process. Candidates with a valid score (40 percentile) from any aptitude test (CAT/MAT/CMAT/XAT/GMAT) need not appear in the above test. MBA BFSI course details MBA syllabus – semester-wise breakdown MBA in BFSI offers training in a lot of subjects in the field of Banking, Financial Services and Insurance. Below is the detailed semester-wise syllabus of MUJ’s online MBA in BFSI: Semester 1 Semester 2 Semester 3 Semester 4 Management Process and Organisational Behaviour Production and Operations Management Research Methodology Strategic Management and Business Policy Business Communication Financial Management Legal Aspects of Business International Business Management Statistics for Management Marketing Management Bank Management & financial risk management Business Leadership Financial and Management Accounting Management Information System Financial Statement Analysis & Business Valuation ALM & Treasury Management Managerial Economics Operations Research Principles & Practices of Insurance Basel Regulations & Risk Management in Banking Human Resource Management Project Management Financial Services Life Insurance Management General Insurance Management Why should you choose an MBA BFSI program? Students or working professionals who want to learn about the Banking, Financial Services and Insurance sector, MBA in BFSI is one of the best options for you. This course focuses on banking activities, business management, finance, and other important aspects of business administration. This degree will enable the students to pursue a career in the BFSI domain. MBA BFSI is regarded as the best degree for a banking career. There are a lot of private and government banks that offer top positions to MBA BFSI graduates. Benefits of pursuing an MBA BFSI degree program Specialized knowledge: An MBA BFSI program provides in-depth knowledge of the financial industry, including banking operations, investment strategies, risk management, insurance principles, and financial regulations. This specialization equips you with the expertise required for roles within the BFSI sector. Career progression: The course can significantly enhance your career prospects within the financial services industry. It opens doors to leadership positions and allows you to compete for higher-paying roles. Networking opportunities: MBA programs often offer opportunities to network with industry professionals, alumni, and fellow students. Building a strong professional network can be invaluable for future career growth and job opportunities. Financial acumen: You’ll gain a deep understanding of financial markets, investment strategies, and risk management techniques. This financial knowledge is applicable not only in the BFSI sector but also in various other industries. Management skills: MBA programs typically include courses on leadership, management, and organizational behavior. These skills are essential if you aspire to take on managerial or executive roles in the financial sector. Higher earning potential: On average, professionals with an MBA tend to earn higher salaries than those with just a bachelor’s degree. The specialization in BFSI can further increase earning potential, especially in finance-related roles. Job security: The financial industry is a stable and growing sector of the economy. Having an MBA BFSI degree can enhance your job security and make you more resilient to economic downturns. Check out: Must have skills for BFSI professionals Why is an online MBA from Manipal University Jaipur (MUJ) the best option? Manipal University Jaipur is a NAAC A+ accredited University that offers UGC-entitled MBA degrees to its candidates. It’s a 2-year program and requires 15-20 hours of learning time per week. The MBA degree from Manipal University Jaipur is accepted by many companies for hiring employees and universities for higher education. Whoever has enrolled for any online program from Manipal University Jaipur (MUJ) can access live and recorded classes through an advanced Learning Management System (LMS), free e-learning material, attractive scholarships, EMI options, networking with alumni, free access to Coursera, and placement support. Online MBA course fee structure The annual fee for the online MBA in BFSI offered by Manipal University Jaipur (MUJ) is INR 1,66,000. You can also opt to pay the fees in semester-wise instalments of INR 41,500. . Manipal University Jaipur (MUJ) offers easy financing with no-cost EMIs to fund your education. What are scholarships offered by Manipal University Jaipur (MUJ) for online MBA? Manipal University Jaipur offers fee waiver scholarships to students from special categories. Scholarship Category Document(s) Required Scholarship Discount Divyaang (for persons with disabilities) Divyaang certificate 20% Defense personnel Personnel/ Service/ IC number 20% PSU, Central or State Govt. employees Identity card 10% Merit (80% and above in Class 12 exams) Class 12 marksheet 10% Merit (80% and above in State board diploma exams 10 + 3) Consolidated diploma marks card 10% Also read: MBA BFSI vs other finance degrees Placement assistance offered by Online Manipal Online Manipal also offers placement assistance to all students who have enrolled in different online programs. These placement assistance services include resume building, interview preparation tips, mock interviews, skill assessments, industry-readiness sessions, and virtual placement drives. These activities will help students to land a job as soon as they complete the program. Conclusion MBA in Banking, Financial Services and Insurance is a degree course that enables students to grasp knowledge and skills in various domains like Banking, Finance, Insurance, Investment Banking, etc. There are many MBA finance jobs that one can pursue after completing an MBA in BFSI. You can pursue a career as an Accounts Manager, Financial Manager, Financial Analyst, etc. You can also choose to develop your skills further in the BFSI domain by pursuing higher studies after an MBA in BFSI. Manipal University Jaipur offers an online MBA in BFSI course. It also offers a wide variety of electives to choose from and free access to Coursera to develop necessary skills.
MBA Pharmaceutical Management course details The pharmaceutical industry offers promising career options. With the constant demand for innovative drugs and healthcare solutions, it provides a stable and rewarding career for those interested in science, business, and healthcare. Professionals from various backgrounds, including pharmacy, life sciences, engineering, and business, can find fulfilling roles in pharmaceutical companies. An MBA in pharmaceutical management integrates science with business to prepare students for employment in the pharmaceutical industry. It is a designed to equip individuals with the knowledge and skills needed to excel in the dynamic and highly regulated pharmaceutical industry. This program blends the principles of business management with a deep understanding of the pharmaceutical sector, preparing graduates to tackle the unique challenges and opportunities within this field. The degree opens doors to a range of career options such as pharmaceutical marketing, regulatory affairs, supply chain management, and strategic planning. This degree equips graduates with the ability to navigate complex regulatory frameworks, make data-driven decisions, and lead teams effectively. It is an ideal choice for individuals aspiring to advance their careers in pharmaceuticals by combining their passion for science with strategic business acumen. Also read: Best MBA for Pharma industry An overview of MBA pharmaceutical management Details for the MBA in pharmaceutical management program are provided below: Course level Postgraduate Duration Two years Exam type Semester type Eligibility Graduation from a recognized university with at least a 50% aggregate score (45% for SC/ST candidates). Admission process Merit-based Entrance exam NMAT, CMAT, CAT, SNAP, XAT Course fees INR 1,00,000 to 10,00,000 per year Average salary INR 5 Lakh to 20 Lakhs Top recruiting companies Abbott India, Lupin, Sun Pharma, Dabur India Ltd., Ranbaxy Laboratories, Central WareHousing Corp., Infosys, Cipla, Dr. Reddy’s Laboratories, Piramal, and other companies. Top job roles Distributors of pharmaceuticals, Pharmaceutical Purchase Managers, Formulation Pharmaceutical Technology Scientists, Sales Managers, Consultants and Project Managers, Market Researchers and Analysts What is an MBA in pharmaceutical management? A MBA in pharmaceutical management deals with the health and chemical industries to control medication production, supply, and demand and teaches you how to manage such a business. This course examines a pharmaceutical company’s research, analysis, sales, consultancy, and administration sectors and teaches you how to implement multiple leadership abilities in this business to ensure that it operates seamlessly. It also teaches you the fundamentals of Pharmaceutical Sciences and how to adopt various business methods to achieve profit and operate the industry efficiently. The pharma MBA scope and salary are quite appealing. If you are keen on several facets of the pharmaceutical industry, this course will provide you with several options to pursue a career in this industry. Why choose an MBA in pharmaceutical management? Industry-specific expertise: This program provides in-depth knowledge of the pharmaceutical industry, including drug development, regulatory compliance, healthcare economics, and market dynamics, which are crucial for success in this sector. Career advancement: An MBA in Pharmaceutical Management equips you with the skills to take on leadership roles within pharmaceutical companies. It can accelerate your career progression and open doors to higher-paying positions. Multidisciplinary skills: You’ll gain a well-rounded skill set that combines business management, healthcare, and pharmaceutical knowledge, making you a valuable asset capable of addressing the multifaceted challenges of the industry. Networking opportunities: MBA programs often facilitate networking with industry professionals, alumni, and faculty, which can lead to valuable connections, mentorship, and potential job opportunities. Global perspective: Many pharmaceutical companies operate on a global scale. An MBA program can provide an international perspective, helping you understand the global pharmaceutical landscape and its challenges. Innovation and entrepreneurship: The pharmaceutical industry thrives on innovation. With an MBA in Pharmaceutical Management, you’ll be better equipped to drive innovation within your organization or even launch your pharmaceutical startup. Check out: Scope of pharmaceutical management in India Who should choose an MBA in pharmaceutical management? The following students must pursue an MBA in pharmaceutical management to advance their professions. Professionals with two to five years of experience who wish to start a career in a pharma MBA or work for a multinational corporation should pursue an MBA in pharmaceutical management. Individuals seeking management abilities, consulting skills, and competence in managing management issues. An MBA in pharmaceutical management is appropriate for individuals who want to improve their abilities in diagnosing, analyzing, and addressing operational difficulties in pharmaceutical services. Can I pursue an online MBA in pharmaceutical management in online mode With the global recognition of online degrees, there’s an increasing demand for various online courses including an online MBA. Online MBA programs comes with far more diverse specailizations allowing individuals to seek careers in the fields they are interetsed in. Manipal Academy of Higher Education, prestigious university known for its academic excellence is now offering online MBA for working professionals with various specializations including pharmaceutical management. The online pharma MBA intends to upskill and update professionals on the most recent and in-demand skills and advances in the pharmaceutical industry. You can study pharmaceutical marketing, production management, and other important topics to become future-ready professionals. Eligibility criteria for MBA pharmaceutical management Candidates must have a bachelor’s degree from a recognized university/institution, or an equivalent qualification as recognized by the Association of Indian Universities. Candidates must have a minimum of 50% marks in aggregate in graduation. Candidates must have one year of work experience in reputed organizations. MBA Pharmaceutical Management – Full syllabus Semester 1 Semester 2 Semester – 3 Semester – 4 Managing People & Organizations Financial Management Management Accounting Entrepreneurship and Innovation* Financial Reporting & Statement Analysis Marketing Management Legal Aspects of Business Sustainability Managerial Economics Strategic Management Pharmaceutical Marketing Pharma Logistics Management Business Statistics IT for Business Pharmaceutical Sales and Customer Relationship Management Pharmaceutical Production Management Business Communication Business Leadership Intellectual Property Rights Pharmaceutical Regulatory Environment Research Methodology Minor Project Capstone Project Check out: Intellectual property rights in Pharmaceutical Industry Career options after MBA in Pharmaceutical Management Top jobs you can get with an MBA in pharmaceutical management Pharmaceutical Product Manager: Product managers oversee the development, marketing, and performance of pharmaceutical products. They ensure that products meet regulatory requirements, are competitive in the market, and generate revenue. Regulatory Affairs Manager: Regulatory affairs managers work on ensuring that pharmaceutical products and processes comply with government regulations. They facilitate the approval and registration of new drugs and maintain compliance with evolving regulatory standards. Healthcare Consultant: Healthcare consultants provide strategic advice to pharmaceutical companies on issues such as market access, pricing, and healthcare policy. They help businesses navigate complex healthcare systems and make informed decisions. Supply Chain Manager: Supply chain managers are responsible for optimizing the flow of pharmaceutical products from production to distribution. They ensure timely and efficient delivery while managing costs and minimizing risks. Market Research Analyst: Market research analysts gather and analyze data to provide insights into market trends, customer preferences, and competitive landscapes. They help companies make informed decisions regarding product development and marketing strategies. Business Development Manager: Business development managers identify and pursue new business opportunities for pharmaceutical companies. They may explore partnerships, licensing agreements, or acquisitions to expand the company’s portfolio and market presence. Also read: MBA pharmaceutical management careers in UAE Higher education options after a Pharma MBA Alongside looking for a job after a pharma MBA, students might also pursue further education. The following are some of the higher education alternatives available to students: Ph.D. in Pharmaceutical Sciences: If one desires to continue their study in the same sector, the first program option is a Ph.D in Pharmaceutics. It is a three-year program, and eligibility requirements include a master’s degree in Pharmaceutics. Ph.D. programs in any of the relevant subjects are available to students. Master of Health Administration (MHA): If you are interested in healthcare management and administration, an MHA can be a suitable choice. It focuses on healthcare policy, management, and leadership, which are relevant to pharmaceutical companies operating in the healthcare sector. Master of Public Health (MPH): An MPH degree is ideal for those interested in the intersection of pharmaceuticals and public health. It equips you with skills in epidemiology, health policy, and healthcare management, which can be valuable in roles related to pharmaceutical market access and healthcare policy. Certificate programs: Consider enrolling in certificate programs related to specialized areas within pharmaceutical management, such as pharmaceutical marketing, clinical trial management, or Pharmacoeconomics. These programs can provide niche expertise and enhance your qualifications in specific areas of interest. Check out: MBA healthcare Management vs MBA Pharmaceutical Management Final thoughts MAHE’s online MBA in pharmaceutical management is the ideal option for individuals who want to learn about the management and business aspects of India’s pharmaceutical industries. Pharmaceutical management is one of the management courses with the quickest growth and biggest reward, and it has a bright future. Exceptional course curriculum, expert faculty, an advanced Learning Management System (LMS), free online learning material, webinars by industry experts, and placement training are some of the key highlights of MAHE’s online MBA in pharmaceutical management.
MBA course guide: All you need to know An MBA is a globally acclaimed degree that empowers individuals with all the skills and competencies needed to successfully navigate through demanding business requirements. The program provides an all-encompassing comprehension of management disciplines, in addition to nurturing the multitude of interpersonal and analytical abilities vital to thrive in the global marketplace. An MBA degree expands your horizons beyond the business world, providing you with intriguing opportunities in the private and public spheres. Scope of MBA in today’s world The worldwide economy is brimming with job prospects, and an MBA holder can turn them into a rewarding vocation since they have an in-depth grasp of the business landscape and evolving trends. As a result, there is a growing need for this level of education. India has a thriving domestic and international market, along with significant growth in the banking and real estate sectors, which is bound to result in an upsurge in hiring for MBA candidates. As a result, the scope of an MBA expands to multiple sectors, including finance, consulting, operations, marketing, and beyond, offering access to high-ranking jobs, enhanced earning potential, and greater professional credibility. In a world of competitiveness, an MBA is a highly desired credential that enables individuals to make waves in their careers while driving organizational success. Why should you do an MBA degree? Choosing to pursue an MBA degree is a significant decision that should be based on your individual goals and circumstances. Here are six key points to consider when deciding whether to pursue an MBA: Career advancement: An MBA can provide you with the knowledge, skills, and credentials to advance your career. It often opens doors to higher-level management positions and leadership roles within companies. Skill development: MBA programs offer a broad range of business-related courses that can help you develop essential skills in areas such as finance, marketing, strategy, and leadership. These skills are valuable in many industries. Networking opportunities: MBA programs often bring together a diverse group of professionals from various backgrounds and industries. Building a strong network of peers and professors can be invaluable for future career opportunities and collaboration. Entrepreneurship: If you have entrepreneurial aspirations, an MBA can equip you with the knowledge and resources to start and manage your own business. You’ll learn about business planning, financing, and strategy. Industry switching: An MBA can be a powerful tool for switching careers or industries. It provides you with transferable skills and knowledge that can help you transition into a new field more smoothly. Personal growth and confidence: Pursuing an MBA can boost your self-confidence and personal growth. It challenges you to think critically, solve complex problems, and make strategic decisions, which can be applied both in your professional and personal life. It’s essential to carefully assess your own career goals, financial situation, and the specific MBA program you are considering determining whether it’s the right choice for you. MBA programs vary in terms of cost, duration, and curriculum, so it’s crucial to research and choose one that aligns with your objectives. Who should do an MBA degree? An MBA degree can be a valuable pursuit for individuals who meet specific criteria and have certain career aspirations. Here are five types of people who might benefit from pursuing an MBA: Early to mid-career professionals: Individuals who have some work experience (typically 2-5 years or more) and are looking to accelerate their career growth, transition into leadership roles, or gain specialized business knowledge often find value in an MBA program. Career changers: If you are looking to switch industries or pivot your career path, an MBA can provide you with the skills and knowledge needed to make a successful transition into a new field. Entrepreneurs and business owners: Aspiring or current entrepreneurs and business owners can benefit from an MBA by gaining a well-rounded understanding of business operations, management, and strategy. This knowledge can be applied to the successful running of their own ventures. Individuals seeking global opportunities: MBA programs often offer exposure to international business concepts and opportunities for studying abroad or participating in global projects. This can be appealing to individuals looking for a global career or working in multinational companies. Those with leadership ambitions: If you have aspirations of taking on leadership or executive positions within your organization, an MBA can provide you with the necessary leadership and strategic skills to excel in these roles. Also read: Employers explain why MBA salary packages are so high MBA course overview Particulars Details Course Name MBA (Master of Business Administration) Course Level Postgraduate Learning modes Regular, distance, and online Course Duration 2 years Examination Type Semester wise Course Eligibility Graduation Entrance tests CAT, MAT, XAT, GMAT, etc Skills gained Leadership, data analysis, strategic planning, critical thinking, problem solving Top recruiters In consulting – McKinsey & Company, Boston Consulting Group), Technology – Google, Amazon), finance – Goldman Sachs, JP Morgan Chase, Healthcare – Johnson & Johnson, Pfizer, and various other industries. Top jobs Management Consultant, Marketing Manager, Financial Analyst, Operations Manager, etc Online MBA from Manipal University Jaipur (MUJ) Online MBA eligibility: Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognized university/institution with a minimum of 50% marks in aggregate in graduation (45% for reserved categories). Candidates must clear Manipal University Jaipur’s online aptitude test as part of the application process. Candidates with a valid score (40 percentile) from any aptitude test (CAT/MAT/CMAT/XAT/GMAT) need not appear in the above test. Also read: Why is an MBA a good choice for students from any graduation background? Online MBA duration and fee Duration – 2 years (4 semesters). This degree can be completed in 4 years. Course fee: Online MBA course fee varies by institutions to institutions and based on the specializations. Please check respective MBA course pages or refer their brochures. Online MBA course curriculum Semester 1 Semester 2 Semester 3 Semester 4 Management Process and Organizational Behavior Production and Operations Management Research Methodology Strategic Management and Business Policy Business Communication Financial Management Legal Aspects of Business International Business Management Statistics for Management Marketing Management Elective Business Leadership Financial & Management Accounting Management Information System Elective Managerial Economics Operations Research Human Resource Management Project Management Also read: Common doubts about online MBA MBA electives offered by Manipal University Jaipur (MUJ) Elective Brief Explanation Top Job Roles Finance This elective focuses on financial management, investment analysis, risk assessment, and corporate finance. It trains learners in financial preparation, valuation, budgeting, and reporting. Financial Analyst, Investment Banker, Corporate Treasurer, Financial Manager, Risk Manager, Portfolio Manager Marketing This elective teaches students about market research, branding, advertising, consumer behavior, and sales management. It covers strategies for product development, pricing, distribution, and promotion. Marketing Manager, Brand Manager, Market Research Analyst, Advertising Manager, Sales Manager, Digital Marketing Specialist HRM (Human Resource Management) This elective focuses on managing human resources within organizations. It addresses aspects including employee recruitment, development, and training, evaluating performance, remuneration and perks, and employee relations. HR Manager, Talent Acquisition Specialist, Training and Development Manager, Compensation and Benefits Manager, Employee Relations Specialist, HR Consultant Analytics & Data Science This elective deals with data-driven decision-making and the application of statistical and analytical tools. Data visualization, predictive modeling, data mining, and data management are all included. Data Scientist, Business Analyst, Data Analyst, Analytics Manager, Data Engineer, Market Research Analyst IT & FinTech This elective combines business management with technology and innovation in the financial sector. It covers topics like IT strategy, digital transformation, financial technology, cybersecurity, and blockchain IT Project Manager, FinTech Consultant, IT Strategy Analyst, Digital Transformation Manager, Cybersecurity Manager, Blockchain Specialist Operations Management This elective focuses on effectively managing the production and distribution of goods and services. It encompasses issues such as logistics, supply chain management, quality management, process optimization, and operational planning. Operations Manager, Supply Chain Manager, Logistics Manager, Production Manager, Quality Assurance Improvement Specialist International Business This elective deals with the global aspects of business operations. Global market entry techniques, cross-cultural administration, international trade legislation, worldwide supply chain management, and foreign investment are all addressed. International Business Manager, Global Marketing Manager, Export Manager, International Trade Analyst, International Business Consultant, Foreign Investment Analyst Information System Management This elective focuses on the integration of information technology and business strategies. It covers topics like database management, enterprise systems, IT governance, cybersecurity, and business process automation. IT Manager, Systems Analyst, Database Administrator, IT Project Manager, IT Consultant, Cybersecurity Analyst Project Management This elective equips students with skills to plan, execute, and manage projects successfully. It covers topics like project planning, risk management, team leadership, project budgeting, and project evaluation. Project Manager, Program Manager, Project Coordinator, Agile Scrum Master, Project Consultant, Risk Manager Supply Chain Management This elective focuses on managing the flow of goods, services, and information across the entire supply chain. Procurement, managing inventories, demand projections, logistics, and managing supplier relationships are among the topics covered. Supply Chain Manager, Logistics Manager, Procurement Manager, Demand Planner, Inventory Analyst, Supplier Relationship Manager Total Quality Management This elective focuses on improving the quality and efficiency of business processes and operations. It covers topics like quality control, process improvement, customer satisfaction, Six Sigma, and lean management principles. Quality Manager, Process Improvement Specialist, Lean Six Sigma Consultant, Quality Assurance Analyst, Operations Analyst, Continuous Improvement Manager Check out: How to choose the right MBA specialization and Most in-demand MBA specializations Key skills you will learn in an MBA Pursuing an online MBA program empowers you with valuable skills that can be leveraged to address day-to-day corporate and managerial challenges, in addition to providing opportunities for personal growth. Let’s take a peek at the skills that MBA grads learn- Strategic Thinking: MBA programs boost strategic thinking skills, allowing participants to analyze complicated business settings, explore possibilities, and formulate effective strategies to accomplish organizational goals. Leadership and Management: MBA programs place a premium on the development of managerial skills, such as the ability to encourage and inspire people, generate sound choices, manage assets effectively, and navigate organizational issues. Financial Acumen: Comprehending financial tools and concepts is essential in businesses. MBA programs give a solid financial foundation by teaching skills, including financial evaluation, budgeting, evaluation of investments, and risk administration. Data Analysis and Decision-Making: With more data available, MBA graduates explore how to deploy analytical strategies and resources to make more educated conclusions. They hone their expertise in statistical evaluation, data interpretation, and data-driven solution-seeking. Communication and Presentation: MBA programs emphasize verbal and written communication abilities, allowing learners to effortlessly articulate convoluted ideas, provide inferences convincingly, and negotiate efficiently. Entrepreneurship and Innovation: Many MBA programs underscore entrepreneurial thinking and train participants to uncover and pursue business prospects. Analyzing market dynamics, devising business plans, and delivering innovative strategies are all part of this. Also read: MBA – To do or not to do Top jobs you can get after MBA degree Below are the top in-demand MBA job roles in India, along with their average salaries: Job Role Highest Estimated Salary Business Development Manager ₹ 16.0 Lakhs Marketing Manager ₹ 22.5 Lakhs Financial Analyst ₹ 12.1 Lakhs Operations Manager ₹ 19.0 Lakhs Product Manager ₹ 36.0 Lakhs Strategy Consultant ₹ 44.9 Lakhs Investment Banker ₹ 39.0 Lakhs Human Resources Manager ₹ 18.0 Lakhs Supply Chain Manager ₹ 28.0 Lakhs IT Project Manager ₹ 29.3 Lakhs Also read: 10 ways how MBAs shape leaders Why prefer Online Manipal for an online MBA Pursuing online MBA courses opens doors to a wide range of career opportunities. At Online Manipal, two top-ranked universities are offering online MBAs. The prestigious Manipal Academy of Higher Education (MAHE) offers online MBA for working professionals, while Manipal University Jaipur is offering online MBA that can be pursued by both freshers and working professionals. You can get access to the industry-relevant curriculum taught by distinguished facult members. You will get access to the prestigious MUJ alumni network. Online Manipal also offers placement assistance services, and learners can find the right job opportunity aligned with their career aspirations. After the completion of the online MBA program, learners can also explore job opportunities abroad. Also read: An affordable online MBA that doesn’t break your bank Conclusion In contemporary times, an MBA degree holds an extensive scope for professionals, giving them an edge in the ever-evolving world of business. It opens up a plethora of employment opportunities for those who crave a career in business management and have an innate knack for it. An online MBA degree through Online Manipal will be an extremely rewarding experience for people who want to advance their careers to leadership and management roles. Enroll in a top MBA program from Manipal University Jaipur or Manipal Academy of Higher Education to begin your journey toward success.
MBA HR course details: A complete guide A career in Human Resources (HR) is a good career choice for individuals interested in people management and organizational development. HR professionals play an important role in attracting, nurturing, and retaining talent within companies, ensuring a harmonious and efficient work environment. The scope for a career in HR is vast, encompassing roles such as HR Manager, Talent Acquisition Specialist, Employee Relations Manager, and Organizational Development Specialist, among others. Those who should consider a career in HR include individuals who excel in interpersonal communication, problem-solving, and have a genuine interest in understanding human behavior. Empathy, conflict resolution skills, and the ability to adapt to changing workplace dynamics are valuable traits for HR professionals. An MBA in HR is a strategic choice for advancing one’s career in this field. It equips individuals with a strong foundation in HR principles, leadership, and business acumen, making them well-prepared for leadership roles. This degree opens doors to higher-paying positions and offers the knowledge and network necessary to thrive in the dynamic and people-centric world of HR. Is an MBA in HRM worth it? Traditionally, MBA in HRM is among the most sought-after and preferred elective or specialization as it opens doors to diverse career opportunities. Here are some of the benefits of pursuing an MBA in HRM. Specialized knowledge and skills An MBA in HRM equips students with a comprehensive understanding of human resource management practices and strategies. It provides in-depth knowledge of areas such as talent acquisition, performance management, training and development, employee relations, and HR analytics. Graduates gain specialized skills that are highly relevant and sought after in the field of HRM. Better career prospects An MBA in HRM significantly boosts your career prospects and unlocks avenues for progression within the realm of human resource management. This degree establishes a solid groundwork for various roles, including HR manager, HR business partner, talent acquisition specialist, training and development manager, and compensation and benefits manager. Furthermore, it positions individuals for leadership roles at higher levels and empowers them to undertake strategic HR responsibilities within organizations. Professional networking Pursuing an MBA in HRM provides opportunities to build a strong professional network. Connecting with classmates, faculty, and alumni can offer access to job opportunities, mentorship, and ongoing professional development support. Check out: How an MBA prepare you for various HR functions Who should choose a career in HR? People-oriented individuals: Those who genuinely enjoy interacting with and understanding people’s needs, concerns, and motivations are well-suited for HR roles. Strong communicators: Effective communication, both verbal and written, is essential in HR to convey policies, resolve conflicts, and build relationships. Problem solvers: HR professionals often deal with complex workplace issues, so critical thinking and problem-solving skills are valuable. Empathetic and fair-minded: Being empathetic and fair is crucial for addressing employee concerns and ensuring equitable treatment. Detail-oriented: HR involves managing a range of documents, policies, and data, so attention to detail is essential to maintain accuracy and compliance. What is an MBA in Human Resource Management? An MBA in HRM (Human Resource Management) is a specialized MBA program that concentrates on enhancing knowledge and skills in effectively managing human resources within organizations. This degree integrates fundamental business administration principles with a dedicated emphasis on practices and strategies related to human resource management. An MBA in HRM equips graduates with the knowledge and skills to effectively manage human resources in diverse industries and organizations. Graduates may pursue careers as HR managers, talent acquisition specialists, training and development managers, compensation and benefits managers, or consultants in the field of human resource management. An overview of MBA in Human Resources: Course Name MBA in Human Resource (MBA in HR) Course Level Master’s Duration 2 Years Eligibility Graduation (Bachelor’s degree) Entrance exams CAT, MAT, XAT, CMAT, SNAP, and other relevant entrance exams Fees Typically ranges from INR 5-20 Lakhs, varies by institution and country Salary INR 4-22 Lakhs per annum (LPA) Job roles HR Manager, Senior HR Manager, HR Business Partner, HR Human Resource Analyst, Talent Acquisition Manager, Organizational Development Specialist, Employee Relations Manager, etc. Top recruiters Leading companies across various industries including IT/ITES, Consulting, FMCG, Manufacturing, Banking, Healthcare, and more. Some notable recruiters include TCS, Wipro, Deloitte, Samsung, Nokia, Reliance, KPMG, Infosys, Amazon, and many others. Check out: Why is an MBA in HR a top choice for many students Eligibility criteria for an MBA in HRM Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognized university/institution or an equivalent qualification as recognized by the Association of Indian Universities. Candidates must have a minimum of 50% marks in aggregate in graduation (45% for reserved categories). MBA HRM course details Below are the semester-wise details about the concepts covered during the two-year MBA program by Manipal University Jaipur. First semester Second semester Third semester Fourth semester Management Process and Organizational Behavior Productions and Operations Management Research Methodology Strategic Management & Business Policy Business Communication Financial Management Legal Aspects of Business International Business Management Statistics for Management Marketing Management Marketing Research Business Leadership Financial and Management Accounting Management Information System Management & Organizational Development Compensation & Benefits Managerial Economics Operational Research Employee Relations Management Performance Management & Appraisal Human Resource Management Project Management HR Audit Talent Management & Employee Relation Change Management Also read: Concepts to learn in an MBA in HR Top jobs roles after MBA in HRM HR Manager Human resource managers act as a link between directors and executive levels. They ensure that all practices comply with corporate guidelines and legal requirements, as well as overseeing labor relations, training, salaries, and benefits. HR Director A company’s human resource director is responsible for hiring, remuneration, promotion, and other human resource policies. As a senior-level position in the HR department, it sets the pace for all HR initiatives. In addition to monitoring the market, they assess the amount an organization is willing to spend on multiple roles. Recruiting Manager A recruiting Manager is responsible for hiring new employees for the company. In order to learn about the staffing requirements and job openings of various divisions, they should interact with the recruiting managers of those divisions. Recruiting managers must have a keen eye for detail, use effective interviewing techniques, and work together with their teams. Employee Relations Specialist This HR designation functions as a link between the management and labor unions. They assemble employment contracts complying with labor laws and provisions. At times, they double up as public relations specialists, representing their client company in legal proceedings. To serve successfully as a labor relations specialist, a comprehensive knowledge of laws, edicts, and other aspects related to regional, state, and federal levels is needed. Furthermore, strong negotiation skills coupled with excellent communication abilities and an aptitude to draft/understand legal papers are additional requirements. HR Consultant HR consultants can analyze a company’s human resources situation and develop regulations, staffing structures, benefits packages, rewards programs, and more. On a contract basis, these specialists assist HR managers with specific tasks. They examine the current workforce and suggest reforms that will maximize its benefits. Read more to find out how to get a job in HR without work experience? Skills gained with an MBA in HR MBA in HR professionals require a diverse set of skills to effectively navigate the complexities of human resource management and contribute to organizational success. Here are some key skills they must possess. Strong verbal & written communication Organizational abilities Teamwork & collaboration Decision-making Risk management Emotional intelligence Analytical abilities Pursue an online MBA in HRM from Manipal University Jaipur If you are a fresh graduate looking to explore a job in HR or if you are a working professional looking to upskill without leaving their job, then the online MBA in HRM from Manipal University Jaipur is the best pick for you. Getting trained in modern HR practices and gaining practical knowledge on how the modern-day HR department functions will ensure that learners are better equipped for bigger roles and better earning potential. Through Online Manipal’s flexible learning opportunities, you can attend live classes, access extensive e-libraries and write online proctored exams, all from the comfort of your homes.
