Career options after MBA Pharmaceutical Management From small-town pharmacies to big box chains, the pharmaceutical industry is thriving more than ever before. It offers plenty of opportunities for those interested in pursuing an MBA in pharmaceutical management. A career in pharmaceutical management post-MBA offers a lucrative path, with skills homed in areas like strategic planning, regulatory compliance, and market analysis. Job roles include pharmaceutical product manager, regulatory affairs manager, and healthcare consultant. The industry witnessed increased demand post-COVID-19, as evident in the rise in pharmaceutical job postings. As per the LinkedIn survey report, two of the top five rapidly growing jobs are related to pharmaceuticals. The pandemic emphasized the sector’s critical role, enhancing employment opportunities and highlighting the significance of skilled professionals in navigating challenges. This trend showcases the resilience and growth potential of a career in pharmaceutical management. Reasons for the increasing demand for pharmaceutical professionals Technological advancements Rapid technological progress, such as in gene therapy and personalized medicine, has expanded the scope of pharmaceuticals, requiring skilled professionals to navigate complex innovations and regulatory landscapes. Global health challenges Emerging global health challenges, including infectious diseases and non-communicable illnesses, necessitate a continuous demand for pharmaceutical professionals to innovate and develop effective treatments and preventive measures. Regulatory compliance and quality assurance Stringent regulatory requirements and an emphasis on product quality have led to a growing need for professionals skilled in regulatory affairs, quality control, and compliance to ensure adherence to industry standards. Increased research and development The pharmaceutical industry’s commitment to research and development has surged, fueled by the pursuit of groundbreaking therapies and drugs. This has heightened the demand for professionals specializing in clinical research, drug discovery, and development. Pandemic preparedness The COVID-19 pandemic underscored the need for a robust pharmaceutical infrastructure, driving demand for professionals to enhance preparedness, develop vaccines, and streamline supply chains. Check out: MBA in pharma vs MBA in healthcare Benefits of doing an MBA in Pharmaceutical Management If you want to work in the pharmaceutical industry, there’s no better place to build your career than an MBA in the field of pharmaceutical management. Here are five reasons why it is the perfect choice for someone looking to build a career in the pharmaceutical industry: Expand your career options A master’s in pharmaceutical management will expand your career options. It will help you gain expertise in drug discovery, drug development, drug manufacturing, regulatory affairs, and marketing. The coursework also covers pricing strategies, mergers and acquisitions, and business ethics. Learn from experts in the field With an MBA in pharmaceutical management from Online Manipal, you will have access to world-class faculty who are experts in the field and have decades of combined experience in the industry. You will also interact with other students who share your interests and alumni who can offer advice on how to land a pharma sector job. Networking An MBA will help you to develop a network of contacts that can help you throughout your career. You will meet people from all over the world working in different industries, and they can help you understand how to navigate the pharmaceutical industry. This is especially helpful when it comes to finding employment after graduation. Gain a broader perspective on the pharmaceutical industry You will learn how to combine your passion for pharmaceuticals with business principles. This will give you a broader perspective on how companies operate and what types of strategies are most effective in different situations. Improve your managerial skills The MBA course in pharmaceutical management is designed to help you develop the skills to manage teams and projects and work with external stakeholders. You will learn how to work with people from different backgrounds and cultures and how to communicate clearly and effectively. This can help you advance your career by making you more attractive to employers looking for leaders who can collaborate across teams and departments. Also check: Which MBA is best for a career in the pharma industry Best pharma jobs you can get after an MBA in pharmaceutical management With the rapid growth of the pharmaceutical industry, there has been a sharp increase in the demand for professionals with expertise in this field. As a result, many people are now opting to pursue an MBA in pharma management. Some of the pharma vertical jobs roles for MBA graduates include: Pharmaceutical Product Manager Responsible for the strategic planning, development, and marketing of pharmaceutical products. Involves overseeing the entire product lifecycle, from conceptualization to market launch. Salary: Up to INR 31.5 LPA Pharmaceutical purchase manager This role involves managing all purchasing activities for a pharmaceutical company. The manager is responsible for ordering supplies and ensuring they are delivered on time, as well as negotiating prices with suppliers when necessary. Salary: Up to INR 18.5 LPA Drug distribution manager A drug distribution manager ensures that drugs are properly distributed to retailers, pharmacies, and hospitals. This can include managing inventory levels, forecasting demand, and ensuring that products are delivered on time and in good condition. A drug distribution manager may also work with drug manufacturers to ensure they meet regulatory requirements before they can begin selling their products to distributors. Salary: Up to INR 24.5 LPA Regulatory Affairs Manager Ensures compliance with regulatory standards and guidelines. Manages interactions with health authorities, ensuring that pharmaceutical products meet all legal and safety requirements. Salary: Up to INR 26 LPA Clinical Research Manager Oversees and manages clinical trials for new pharmaceutical products. Ensures compliance with protocols, regulatory requirements, and coordinates activities among various stakeholders. Salary: Up to INR 21 LPA Quality assurance manager This role aims to ensure that all products being developed by a company meet high standards for safety, efficacy, and quality control. The person who fills this position must be able to identify potential issues before they become serious problems for either consumers or other employees at the company itself. Salary: Up to INR 20 LPA Pharmaceutical Sales Manager Leads and coordinates sales teams, developing and implementing sales strategies for pharmaceutical products. Involves building and maintaining relationships with key stakeholders in the healthcare sector. Salary: Up to INR 13 LPA Source: AmbitionBox Check out: Pharmaceutical management jobs in UAE Top recruiters If you have recently graduated with a Master of Business Administration in pharmaceutical management, you may be wondering what companies actively hire professionals with your degree. Many of the leading pharmaceutical companies in the world hire MBA graduates for positions in management and strategy. Some of the many companies include: Alkem Lab The company requires candidates who can handle the responsibilities of a manager, such as planning and implementing strategies, monitoring results, supervising employees, and making decisions. They are also considered someone who can manage an entire department or branch and ensure it runs smoothly. Cipla This company requires candidates with strong communication skills who are good at building relationships with external stakeholders (such as customers), handling stress and pressure, and making quick decisions. Glenmark This company hires candidates who have experience managing teams and projects and demonstrate leadership qualities. They also want someone who can work independently without supervision while still meeting deadlines. Piramal Enterprises Piramal Enterprises is an Indian company that focuses on pharmaceutical and healthcare services. The company is known for its innovative drug manufacturing, development, and delivery approaches. They have a strong focus on research and development and operations management. Sun Pharma Sun Pharma is an Indian pharmaceutical company that specializes in manufacturing generic drugs. It was founded in 1983 by Dilip Shanghvi and has become one of the world’s largest generics producers, with over 36000+ employees worldwide. Prepare for a successful career in pharma industry with MAHE’s online MBA in pharma management The pharma industry has been booming in recent years and the demand for professionals with the right mix of pharma and managerial skills has been high. An MBA in pharmaceutical management can equip with the knowledge and expertise needed to succeed in this industry. If you’re someone who’s working a full-time job or running a pharmacy and want to scale up in your professions, the online MBA in pharmaceutical management from the renowned Manipal Academy of Higher Education is the best choice. It offers the same standard of education as an on-campus program, complying with all the UGC regulations in a more flexible manner. This fully online mode provides you with the flexibility to balance your professional commitments and learning. Conclusion After completing an MBA in Pharmaceutical Management, diverse career paths await, spanning pharmaceutical marketing, regulatory affairs, healthcare consulting, and strategic management. This specialized degree equips graduates with a unique skill set, positioning them to thrive in the dynamic pharmaceutical industry, contributing to innovation, compliance, and business success.
Major differences between distance education and online learning Technological advancements necessitate digitization in all fields, including education. Learning trends have changed significantly with the advent of Covid-19 and the subsequent closing of schools, colleges, and universities. Learners started to look for ways and means to continue their education in a much safer and comfortable environment. And they are usually presented with two learning modes, online and distance. How to choose between them? There may be a lot of ambiguity in the terms and methodologies used as education becomes more digital. As a result, individuals frequently use the terms “online learning” and “distance education” interchangeably. However, did you know that online education is not the same as remote learning? Let’s learn about each category in detail and the advantages they offer. What is distance learning? Distance learning, also known as a correspondence course, is a type of education that does not require an individual to be physically present at the learning center (school, college, etc). In this mode, the students receive their course materials and other resources by email or post. This type of learning places a heavy emphasis on independent study, with little teacher interaction. Students are expected to use the course materials to complete the curriculum on their own. Teachers and students rarely interact at places called study centers. But it is important to follow the deadlines for exams and project submissions. There are some distance learning courses that demand a student’s actual presence in the classroom at certain times, such when attending workshops. These programs, which combine regular classroom instruction with distant learning, are also known as hybrid, blended, or correspondence courses. Also read: Regular graduation vs online graduation What is online learning? When it comes to education, online learning offers the student greater flexibility. The students are free to choose when and where they want to learn. This program is designed for students who want to complete their education totally online without having to visit a traditional campus setting. With the development of technology, students now have a wide range of alternatives, ranging from online master’s degree programs to undergraduate degree programs. Today, many reputable colleges offer some of the top online MBA programs. Compared to distant learning, online learning is far more interactive. In this form of learning, students get access to a vast e-learning content and online lectures (live and recorded). Many discussions take place between teachers and students through an online digital platform. Online education has become incredibly popular after the Covid-19 pandemic hit. This medium has been widely adopted because schools and universities have no other method to educate students. Also read: List of accredited online degree programmes Differences between online learning and distance learning Aspect Distance learning Online learning Course delivery mode Primarily through printed materials or CDs sent by mail. Some may have limited online components. Entirely conducted over the internet using a learning management system (LMS) or other online platforms. Curriculum standard May vary in terms of standardization and accreditation, depending on the institution. Can adhere to global standards and accreditation, often offering a wide range of courses from various institutions. Duration Typically, more flexible, allowing students to study at their own pace. May not have strict deadlines. Offers flexibility in terms of learning, assignments, discussions, and exams. Recognition Recognition can vary; some programs and institutions may not be widely recognized. Generally recognized, especially if offered by reputable institutions or through established online education platforms. Student-teacher interaction Limited interaction, often through email or occasional virtual sessions. More interactive with live online classes and communication through discussion forums, chat, video conferences, and email. Peer Interaction Limited interaction, mainly through occasional meetups or forums. Regular interaction through online forums, discussion boards, group projects, and collaborative activities. Cost-effectiveness Cost-effective as it reduces the need for physical infrastructure and resources. Cost-effective as there are no commuting, boarding & infrastructure expenses. Learning materials Traditional materials like textbooks, printed modules, and CDs. Digital materials, e-books, multimedia content, and interactive simulations. Practical knowledge Limited hands-on experience, practicals may be challenging to implement. Depending on the course, there may be simulations, virtual labs, or opportunities for real-world applications. How exams are conducted Typically through written assignments sent by mail or local exam centers. Online exams, quizzes, and assignments conducted through the learning platform, often with remote proctoring. Career opportunities Recognition may depend on the reputation of the institution and the program. Widely accepted, especially by employers who recognize reputable online education providers and institutions. Student Support Support may be limited, primarily through email or occasional phone calls. Robust support systems with online tutoring, tech support, and academic advisors available. Advantages of online learning over distance learning Convenient learning mode Online learning employs a wholly online methodology, with all students participating in scheduled virtual classes. These classes are overseen digitally by a teacher who also guides students through the online lessons and tasks. The Learning Management System (LMS) is used for digital assessments and exams. Online learning is therefore not location-specific and simply depends on the online accessibility of both students and teachers. On the other hand, in distance learning, students must travel to test locations after studying and preparing at home. They might occasionally even be required to attend in-person classes or practicals at Learner Support Centers. Course structure is similar to regular course Another benefit of online courses is that the structure of such courses is very similar to a regular classroom course. This means that you are not losing out on anything when you choose an online course. You get a lot of flexibility but you also get all the benefits of a regular classroom course. Whether it has to do with the course materials or examinations, a good course will let you partake of everything you need to grasp the subject matter well. Online degree is equivalent to a traditional degree It’s only a myth that an online degree is not as worthy as a regular on-campus degree. If you pursue an online degree from any UGC-recognized university, your degree is as good as a traditional degree and is accepted by employers around the world. Better interaction The nature of teacher-student and student-student interactions also vary between Online Learning and Distance Education. Online learning programs typically use virtual courses and clearly defined modules. Additionally, they have a more interactive pattern. They adopt a blended digital learning style, making them more engaging whether they are group activities or one-on-one projects. There are also forums and groups where students can converse and share knowledge. There are extremely few interactions in distance education. Due to the lack of resources and infrastructure, this interaction is especially rarer in rural places. There are a few dispersed online groups and forums where students can connect with other students. Effective pedagogy Online education aims to simulate in-person instruction in a digital setting. The teaching methods used in this online degree program are quite similar to what students would encounter in traditional classroom settings. To make learning enjoyable, online programs use blended teaching methods. When it comes to remote learning, the teaching approach is usually straightforward. Students receive the study material, and they use it at their own pace to learn. Web-proctored exams Students enrolled in distance education must show up at designated exam centers. For online learning, students just take the tests from any location in a web-proctored setting. The administrative team is also ready for any back-end assistance, such as rescheduling tests, placements, internships, and more. For distance mode exams are usually conducted at regional test centers that require students to travel and take the exam. Networking opportunities Online learning provides students with the opportunity to connect with various industry experts and build meaningful relationships with them. Networking with mentors and industry experts is often neglected but has great importance since they have the ability to provide insights to the students and guide them on the right path. Check out: Online degrees vs on-campus degrees Choose the right university If you have decided to go for online education, there are certain things to look for. UGC recognition: This is important. It will ensure that your degree has a lot of value in the job market. Easy fee payments: Getting an education of your choice should not burn a hole in your pocket. When there is an option for easy payments (EMIs), it makes the financial burden a lot more bearable for students and their parents. Alumni network: Being a part of the alumni networking of a great university will help you in future career growth. Industry exposure: The right industry will give students an opportunity to get industry exposure to pave the way for success. Career assistance: You will definitely require career assistance. So, choose a university that provides you with any help you may need like writing your resume and interview tips goals. Get a UGC-entitled online degree from the NAAC A+ accredited Manipal University Jaipur It is worth getting an online degree that’s widely accepted by employers and other higher education institutions. Manipal University Jaipur (MUJ) offers UGC-entitled online degrees through its online platform Online Manipal. Online Manipal has a state-of-the-art Learning Management System (LMS), expert faculty, huge repository of e-learning material, and placement assistance for those who complete their degree. The curriculum of the courses is designed by industry experts and is similar to a regular on-campus degree. So, you don’t need to have second thoughts when you want to pursue an online degree. It is highly legitimate given the university you’ve chosen has the necessary recognitions and accreditations Conclusion Online mode of learning has clear advantages over distance education in many ways. For starters, when anyone opts for an online degree, they can enjoy the self-paced aspect of learning without any trade-off in the immersive classroom experience. So, Online learning is inarguably the way to go!
10 best job options with salary after MCom A master’s in commerce (MCom) helps in enhancing career prospects by imparting advanced knowledge and skills in financial management, accounting, economics, and business strategy. This postgraduate degree equips individuals with a deeper understanding of complex financial concepts, making them highly sought-after in various industries. MCom graduates often secure senior-level job roles with higher salary packages, as their specialized expertise enables them to navigate intricate financial problems. The program not only hones analytical and strategic thinking but also fosters a comprehensive understanding of contemporary business challenges, positioning graduates as valuable assets in the competitive job market. 10 best jobs after MCom and Salary Master’s in commerce (MCom) graduates have a diverse skill set that opens up various job opportunities in the fields of finance, accounting, management, and more. Here are 15 job options for MCom graduate: Job RoleAverage Starting Salary (INR per year)Treasury Manager6.00 – 7.20 LakhsManagement Accountant4.80 – 5.40 LakhsInvestment Banker4.80 – 6.00 LakhsFinancial Analyst4.20 – 5.40 LakhsForensic Accountant4.20 – 4.80 LakhsTax Consultant4.20 – 4.80 LakhsFinancial Planner3.60 – 4.20 LakhsBusiness Analyst4.00 – 4.80 LakhsMarket Research Analyst3.60 – 4.20 LakhsRisk Analyst4.20 – 4.80 LakhsAuditor3.60 – 4.20 LakhsSources: Michael Page, Robert Half, Deloitte, KPMG, Indeed, Monster India, Glassdoor, and AmbitionBox Treasury Manager: Managing an organization’s financial assets, including cash, investments, and risk management. A treasury manager can earn an annual salary of up to INR 33.5 LPA. Management Accountant: Involves preparing financial reports, budgeting, and providing financial advice to support managerial decisions. They can earn an annual salary of up to INR 25.5 LPA. Investment Banker: Working in financial institutions to provide financial services such as mergers and acquisitions, underwriting, and advisory services. Investment bankers can earn an annual salary of up to INR 40 LPA. Financial Analyst: Analyzing financial data, preparing reports, and providing insights for decision-making in businesses. They can earn an annual salary of up to INR 11 LPA. Forensic Accountant: Investigating financial discrepancies, fraud, and white-collar crimes. These professionals can earn an annual salary of up to 13 LPA. Tax Consultant: Assisting individuals and businesses in complying with tax regulations and optimizing their tax strategies. Tax consultants can earn an annual salary of up to INR10 LPA. Financial Planner: Helping individuals and families with financial planning, including investment, retirement, and estate planning. A financial planner can earn an annual salary of up to INR 13,9 LPA Business Analyst: Analyzing business processes, identifying areas for improvement, and recommending solutions. They can earn an annual salary of up to INR 15.5 LPA. Market Research Analyst: Studying market trends, analyzing data, and providing insights to help companies make informed business decisions. They can earn an annual salary of up to INR 8 LPA. Risk Analyst: Evaluating financial risks and proposing strategies to mitigate them. Risk analysts can earn an annual salary of up to INR 17.9 LPA. Auditor: Examining and evaluating financial statements to ensure accuracy and compliance with regulations. Auditors earn an annual salary of up to INR 9 LPA. These job options cater to different interests within the broad field of commerce, allowing MCom graduates to choose a career path that aligns with their skills and preferences. Also read: Global job opportunities for MCom graduates Higher education and other career options after MCom MBA in finance If you are seeking the best career options after MCom, MBA or master’s in business administration, it is a popular higher education program for students all around the globe. This two-year program provides students with specialized and cross-functional management expertise. Manipal University Jaipur offers an online MBA in finance course as well that allows you to study at your own pace. Do visit the Online Manipal website to know more about the best career option after MCom. Chartered Accountant CA, or Chartered Accountancy is unquestionably one of the best courses to pursue after finishing an MCom. Students interested in taxes and accounting should seek out a CA to obtain proficiency in both topics. The program enables students to gain and grow their knowledge in finance and taxes, and to improve their analytical and problem-solving abilities. To earn a CA certificate, one must go through three levels: Foundation, Intermediate, and Finals, as well as a 2.5-year article ship. ACCA course If you are good with numbers, ACCA can be a great career option after MCom for you. Qualifying with an ACCA certification can provide a good edge in terms of securing better employment prospects by providing insights into the professional industry you’re interested in. It qualifies you both academically and professionally to execute your duties as an accounting professional and to pursue attractive work options that may provide you with a good quality of life. All of the information obtained from an ACCA professional level course assists you in achieving perfection within the corporate finance area. It also enables you to properly execute any position linked to the company and financial management concerns. Corporate Secretary If you have good managerial skills and can play well with business finances, Corporate Secretary can be the best career option after MCom for you As the Corporate Secretary position affects every moving aspect of the entire organization, a Corporate Secretary holds several vital responsibilities in keeping an organization functioning and profitable. They are responsible for ensuring that the business remains in conformity with regulatory and legislative standards, and carrying out all decisions, amendments, and resolutions proposed by the Board of Directors. They are essentially the glue that ties the organization together. Chartered Financial Analyst The CFA certification is issued by the CFA Institute and is the finest professional qualification in finance, making it the best career option after MCom for those who want to pursue a career in the financial industry. CFA, or Chartered Financial Analyst, is a 2.5-year study in finance and investing. If a student wants to pursue a profession in finance or investing, this is the course to take. In this course, students will learn about financial analysis, derivatives, funds, bonds, investment, and portfolio management. Also read: Best MCom project ideas Government jobs for M.Com graduates The government sector offers the best career options after M.Com at all levels. A government job begins with becoming an officer in a government bank or a corporation in the finance, accounting, and management department of the commerce industry. If a candidate wants to advance in a government job, obtaining an MCom degree from an accredited institution is the ideal choice. There are several MCom job opportunities in the government banking business. Let’s take a look at the government jobs for MCom freshers in the financial sphere: SBI PO SBI (State Bank of India) runs the SBI PO competitive test for Probationary Officers. The assessment is conducted every year for the students. The test only consists of three stages. Preliminary Examination Main Examination Personal Interview or Group Discussion RBI Grade B Officer Every year, the Reserve Bank of India holds the RBI Grade B Officer Examinations. This test is for individuals interested in becoming Grade B officers at the premier banking regulator in India. The RBI conducts tests for officers and office assistants in a number of areas. The test consists of two stages. Preliminary Examination The main examination IBPS PO The Institute of Banking Personnel Selection (IBPS) conducts three-part exams for the position of Probationary Officer (PO) in all public sector banks. The job description will call for the individual to do general banking, clerical oversight, and other bank administration-related tasks. The exam takes in the three stages Preliminary examination Mains examination Interview round Online MCom: A better way to earn an advanced degree in commerce We live in an era when professionals with MCom are sought after by many sectors and industries. Everyone, from a fresh commerce graduate to a working professional, everyone can now pursue an MCom course online. Check out: Differences between an online MCom and traditional MCom Why should you pursue for an online MCom course? 1. Flexibility The biggest advantage of taking an online MCom degree is the freedom in pursuing a career amid work schedule and other commitments. For example, if you are an elite golfer and want to devote time to this sector of life, an online MCom program will provide you with plenty of time to perfect your skill. 2. Overcome geographical limitations Geography or location is crucial in obtaining a good education. Due to their locality, students are often limited in their choice of institution for an MCom program. However, when it comes to online classes, this is no longer an issue. You may live in a small town and yet enroll in an internationally accredited online MCom program from Manipal University Jaipur through Online Manipal. 3.Learn from anywhere: Online education allows you to take courses from anywhere, at any time – whether it’s your house, a coffee shop, or a library. All you need is a high-speed, consistent internet connection and a laptop/smartphone/tablet. 4. Global interaction Students from all around the world enroll in an globally recognized and accredited university like Manipal University Jaipur which offers an online MCom program. This makes the academic atmosphere more inclusive and enables you to engage with individuals from other countries. It’s a terrific opportunity to meet new people while also learning about various cultures. Thus, online MCom degree programs offer you the best job opportunities across the globe Also read: B.Com or BBA: Which is better after 12th? Earn an online MCom at an affordable fee through Online Manipal The reputable Manipal Universities, Manipal University Jaipur (MUJ) and Sikkim Manipal University (SMU) offer online commerce degrees that have the same recognition and educational standards as the offline counterparts but offer more flexibility, accessibility, and affordability. The online MCom is a two-year postgraduate degree program structured into four semesters. Online MCom is a degree program where students acquire knowledge to get the best MCom job opportunities in banking, finance, insurance, accounting, and other commerce-related industries. Learners of online MCom offered through Online Manipal can benefit from a range of features. They can earn a degree that’s at par with the regular on-campus degrees from the comfort of their home, access e-learning materials, experts webinars, e-tutorials, e-libraries, projects and other coursework, all virtually and for free. They can even write their exams in online mode and attend virtual placement drives. Conclusion In this article, we have discussed some of the best career options after MCom and high-paying positions for a commerce student. So, if the business is one’s vocation, they don’t have to defy traditions and numerous cultural constraints. Look for opportunities and seek the best MCom job opportunities you wish to work in this VUCA world and sail with high grades. One must explore for the passion that entices them.
Popular courses to pursue after a BA Thinking of starting a new academic chapter after finishing your Bachelor of Arts (BA) degree? Then, you are in sync with the current landscape of career orientation. With so many post-BA course options and career paths, the world of postgraduate education is quite vivid and vast, and you can easily paint your career canvas with your chosen course. Whether it is business knowledge, data analysis, technical ability, or pure passion for humanities, you have so many captivating postgraduate courses to choose from in the form of Master of Arts (MA), Master of Business Administration (MBA), and other postgraduate certification courses after pursuing an online BA from Sikkim Manipal University through the Online Manipal platform. Let us help you get acquainted with the various options for further education and career prospects after a BA degree through this detailed post, so don’t leave; hang on and read it till the end. Top master’s degrees to pursue after online BA Options are unlimited when it comes to choosing the right course after completing a BA program. To avoid any confusion in choosing the best course after a BA, simply combine a thoughtful approach with a strategic approach. Look for subjects that captivated you during your online BA program. Then, identify the courses that align with your career goals. The table below enlists the most popular courses chosen by BA graduates and their career prospects: Course NameCareer ProspectsMaster of Arts (MA)HR Manager, Writer, Digital Marketer, Insurance Executive, and Educational ConsultantMaster of Business Administration (MBA)CEO, IT Consultant, Marketing Manager, Investment Banker, and International Business ManagerMaster of Journalism & Mass CommunicationJournalist, Reporter, PR Manager, Critic, and Content WriterPostgraduate Certification in Data ScienceData Analyst, Data Scientist, Statistician, Business Analyst, and Data EngineerPostgraduate Certification in Business Analytics Business Analyst, Data Analyst, Big Data Analyst, Supply Chain Analyst, and Technical Team Leader Master of Arts (MA) When considering specialized courses and programs for BA graduates, the first course to come to mind is a Master of Arts (MA). Pursuing an MA after a BA is just like climbing the ladder in the right direction. MA is a 2-year postgraduate degree program offered in many subjects, allowing keen students to sharpen their skills in their chosen stream. Specialized knowledge, career advancement, networking, personal growth, and research opportunities are key benefits to reap with an online MA degree program from a top-class university like Sikkim Manipal University (SMU). Listed below are the main types of MA degree programs for students who are looking for further education and career prospects after a BA degree: MA in English MA in Political Science MA in Sociology MA in History MA in Psychology MA in Economics MA in Fine Arts MA in Philosophy MA in Communication Studies MA in Anthropology Have a look at the table below to understand the top 5 career opportunities after pursuing an online MA degree: Job ProfileJob DescriptionApproximate SalaryDigital MarketerTo manage the overall online presence of a business through social media, ad campaigns, and content marketingINR 7,50,000 per annumContent Writer/ EditorTo write engaging content for books, magazines, marketing collaterals, or online platformsINR 6,70,995 per annumHR ManagerTo look after recruitment, policy implementation, and maintain employee relationship with the firmINR 10 lakh – INR 12 lakh per annumEducational ConsultantTo guide parents and students on the best academic and career optionsINR 20.8 lakh per annumInsurance ManagerTo ensure the best sales for various insurance productsINR 4 lakh – INR 9 lakh per annum Master of Business Administration (MBA) After MA, the second most commonly chosen postgraduate course chosen by thousands of BA graduates is a Master of Business Administration (MBA). An MBA is a postgraduate course that is all about learning business management in particular areas like marketing, finance, leadership, advertising, operations, and so on. Problem-solving skills, entrepreneurial skills, networking opportunities, and gaining specialized knowledge and global perspective are some of the key benefits of pursuing an online MBA. Listed below are the popular types of MBA degree course specializations chosen by many after pursuing an online BA degree: MBA in Marketing MBA in Finance MBA in Information Technology MBA in International Business MBA in Operations Management MBA in Human Resources MBA in Data Science MBA in Healthcare Management MBA in Business Analytics MBA in Project Management Have a look at the table below to understand the top 5 career opportunities after pursuing an MBA: Job ProfileJob DescriptionApproximate SalaryChief Executive Officer (CEO)To drive the company towards profit and manage its overall operationsINR 11 lakh – INR 56 lakh per annumMarketing ManagerTo work on marketing campaigns through emails, advertising, and social mediaINR 9 lakh – INR 20 lakh per annumIT ConsultantTo achieve business goals through technical advice and supportINR 6 lakh – INR 17 lakh per annumInvestment BankerTo expand and improve the company’s funds through mergers and acquisitionsINR 8 lakh – INR 23 lakh per annumInternational Business ManagerTo oversee the global operations and foreign business of a companyINR 10 lakh – INR 20 lakh per annum Master of Journalism & Mass Communication If the passion for sharing news and dealing with the public makes you thrive, then go for the Master of Journalism and Mass Communication (MAJMC). It is a 2-year postgraduate degree program that provides a solid foundation to those who want to make a career in media-related fields. Critical thinking, media ethics, technological adaptability, and easy access to the media industry are key benefits of pursuing a Master of Journalism and Mass Communication degree. Have a look at the table below to understand the top 5 career opportunities after pursuing an MAJMC course: Job ProfileJob DescriptionApproximate SalaryJournalistTo gather information about the latest news and share it with the publicINR 6,70,572 per annumNews Anchor/ ReporterTo present a show in a news channel with excellent communication and presentation skillsINR 486,472 per annumContent Writer/ CopywriterTo create grammatically perfect content covering news and current affairsINR 6,70,995 per annumCriticTo analyze, assess, and provide feedback on various topics such as politics, finance, fashion, and so onINR 1,053,839 per annumEvent/ PR ManagerTo manage an event through efficient communication and convincing skillsINR 9.83 lakh per annum Postgraduate Certification in Data Science Nothing beats a bright career path with postgraduate certification in data science after completing a BA degree course in today’s data-driven world. Postgraduate Certification in Data Science or MSc in Data Science is all about learning data science and how to analyze and handle data. Gaining business acumen, critical thinking, and adaptability to technological changes are just a few of the many advantages of pursuing a postgraduate certificate in data science. Have a look at the table below to understand the top 5 career opportunities after pursuing a postgraduate certification in data science: Job ProfileJob DescriptionApproximate SalaryData AnalystTo extract data from different sources and forecast trends for the benefit of the organizationINR 6 lakh per annumData EngineerTo research and collaborate with teams to design and maintain a data management systemINR 6 lakh – INR 15 lakh per annumData ScientistTo process and integrate data and provide reports with proper recommendations for an organizationINR 7 lakh – INR 20 lakh per annumBusiness AnalystTo use data-oriented technologies to handle data for a businessINR 7 lakh – INR 20 lakh per annumStatisticianTo collect, analyze, and interpret data for an organization INR 4 lakh – INR 12 lakh per annum Postgraduate Certification in Business Analytics No doubt, the scope of analytics in business is continuously rising. Therefore, we recommend pursuing a Postgraduate Certification Program (PGCP) in Business Analytics after finishing a BA degree. The postgraduate program focuses on increasing the student’s analytical skills required for a business. Descriptive analytics, business analytics, data analysis, database management, and business intelligence are some of the critical skills taught during a postgraduate certification in business analytics. Have a look at the table below to understand the top 5 career opportunities after a postgraduate certification in business analytics: Job ProfileJob DescriptionApproximate SalaryBusiness AnalystTo understand the needs of the business and facilitate changes wherever required with proper communication with stakeholdersINR 7 lakh – INR 20 lakh per annumData AnalystTo use technical expertise and make wise business decisionsINR 6 lakh per annumBig Data AnalystTo identify, collect, and analyze data for implementing better business decisionsINR 6 lakh – INR 11 lakh per annumSupply Chain AnalystTo improve the overall performance of a company by coordinating with other employeesINR 5 lakh – INR 10 lakh per annumTechnical Team LeaderTo ensure technical development of an organization at the right time using leadership and managerial skillsINR 12 lakh – INR 23 lakh per annum How to choose the right course after BA? With so many options of postgraduate courses to explore, it might not be that easy for you to choose which one to pursue after finishing your BA degree program. So, worry not, as we are here to help guide you on how to choose the right course after completing your BA course. Listed below are the top 3 tips that will help you choose the right course after pursuing an online BA from a prestigious university like Sikkim Manipal University: Define your career goals: The prime thing you ought to do when choosing a course after completing your BA degree is define your own career goals. Ask yourself where you want to see yourself in the next 4-5 years. This will help you chart out the career goal for yourself. Identify your interests: Secondly, it is essential to identify your personal interests. Analyze which subjects or fields appeal to you the most. Once you figure out your interests after a self-assessment, look for the best courses that can give you wings to fly in that career direction. Find out career opportunities: The next step after checking your career goals and interests is to look for the right career opportunities in the same line. Try talking to professionals in that field and seek their advice on which is the relevant course for that career. Conclusion Expanding horizons with post-BA courses and certifications will definitely pave the path for a great career. Whether you wish to pursue an online MA in English, MA in Pol Science, MA in Sociology, or an online MCA, Sikkim Manipal University (SMU) offers you the opportunity to study from the best faculty. Sikkim Manipal University is an NAAC-accredited university that offers UGC-entitled degrees for all the courses. So, come be a part of the robust SMU alumni network and grab exciting career opportunities by enrolling in your preferred choice of postgraduate course after a BA degree through the Online Manipal platform.
Why online learning is a boon to differently abled learners Every year, December 3rd is observed as International Day of Persons with Disabilities. It is aimed at spreading awareness about the rights and well-being of people with disabilities. This year, the theme is “Transformative solutions for inclusive development: The role of innovation in fueling an accessible and equitable world”. According to the World Health Organization, globally, 15% of the population lives with some form of disability, and 80% of this population live in developing countries. In India, 2.2% of the population endures some form of physical disability. At a time of rapid digitalization, technology is bringing about positive signs across sectors and education is no exception. The dawning of the internet changed the lives of students and learners worldwide, who have the privilege to access education anywhere, anytime. This largely benefits learners who belong to marginalized groups, like people with disabilities. Read more: How online education in breaking traditional barriers Online learning is a savior for differently abled people, who cannot attend physical college or university to pursue their education. With the advent of online learning, students with disabilities can study from their smartphones or laptops with the help of an internet connection. Technology is providing them with the perfect learning solutions. Read more: Pros and cons of online learning Online learning: A boon to everyone Online learning caters to learners with various forms of disabilities. Students with physical disabilities can study online, from the comfort of their homes, without the need to travel to college. It also decreases physical strain. Learners with visual impairments can make use of adaptive technologies like braille keyboards, audio books, or voice-to-text software to pursue their education. Students with hearing impairments can watch video lectures with subtitles. Moreover, with cutting-edge technology, online learning platforms deliver classes that use multimedia elements that help learners understand concepts easily. Students can also rewatch videos. Technology is helping students with learning disabilities by customizing textbook content according to their convenience. This helps them process information effectively. Read more: How online learning is empowering girls in rural areas Benefits of online education for students with disabilities Here’s how online learning can help transform their lives. Flexible learning opportunities Flexibility is the biggest boon of pursuing online degrees or courses. Most universities offering online programs conduct classes during the weekend, making it easier for students to study. For differently abled learners, flexibility is of utmost importance as they can schedule their studies according to their convenience. Inclusivity Students with disabilities might find it uncomfortable to study with their peers. They might be conscious of being judged or teased. Online learning breaks this barrier, as learners can study in an environment of their comfort. At the same time, they can also interact with peers virtually, improving their communication skills. This makes them feel more inclusive. Breaking physical barriers Accessibility is another benefit of online learning that makes it extremely desirable for students with disabilities. Learners can attend classes from the comfort of their homes with the help of a laptop or smartphone and an internet connection. With Online Manipal, learners can attend classes and access e-learning material even on low bandwidth. Access to recorded classes e-learning material Learners can access e-learning material multiple times throughout the day. Some universities also provide recorded sessions that are accessible anytime. This helps students revisit classes they want to re attend and clarify doubts. This enhances students’ learning potential. Cutting-edge technology Undoubtedly, technology drives online learning. Universities offering online degrees use cutting-edge technology to deliver online classes. Differently abled students can attend lectures that use multimedia elements like audio, video and images. This also improved the quality of online education. Pick from top universities Differently abled students might dream of pursuing degrees from top, reputed universities, but might not be able to attend college physically. With online degrees, learners can pick a university of their choice and study. There are several universities in India and abroad offering online courses and programs today, expanding the opportunities for learners with disabilities to pursue the degree of their dreams. This is how online learning is transforming the lives of students with disabilities. The Online Manipal advantage An online learning platform, Online Manipal gives access to online degrees from premium universities including Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE) and T. A. Pai Management Institute (TAPMI). There are several benefits to pursuing your degree with Online Manipal. Scholarships for differently abled students: Online Manipal offers scholarships for differently abled learners. Scholarships coupled with easy financing options makes the degree programs cost-effective. Read more: Top scholarships offered at Online Manipal UGC-recognized degrees: The online programs available on the Online Manipal website are UGC entitled, and NAAC accredited. They are valued and credible worldwide. Empowered education: With access to courses designed by industry experts, learners can take up quizzes and get access to webinars anytime. Enhanced digital learning platform: An integrated learning management system (LMS) allows learners to interact with peers and faculty and access 1000+ hours of cutting-edge tutorials. Experienced faculty: Students get to interact with faculty, who are industry experts, at any time. Students with disabilities can attend doubt clearing sessions and approach faculty at any time. Wrapping up The benefits of online learning in today’s technologically driven world have made it a desirable mode of learning. Especially for differently abled persons, in the sense that they feel more accepted while studying remotely than attending physical classes. It allows them to study in a comfortable environment and they can access everything at their fingertips.
How to get a banking job after B.Com? A Bachelor of Commerce (BCom) lays a great foundation for entering the banking sector. Boasting a curriculum rich in financial education, BCom equips graduates with essential skills. From comprehensive knowledge of accounting and economics to specialized banking courses, BCom instills analytical prowess, problem-solving skills, and an understanding of ethical and legal standards. Internship opportunities and networking opportunities further bridge the gap between academia and real-world banking operations. The versatile skill set acquired during BCom positions graduates as competitive candidates, ready to navigate the dynamic landscape of the banking industry. BCom graduates are the preferred choice of banks while hiring. These banks can be either government or private. In both private and public sectors, there are numerous opportunities available for students that ensure constant growth of the students. Let’s check how to get a job in a bank after graduation. To know more, check out B.Com course details: All you need to know. Requirements to get a bank job after BCom There are different sets of criteria for the public and private sectors – To get a job in PSB (Public Sector Bank), i.e., a government bank, you must clear the qualifying examination conducted by the Institute of Banking Personnel Services (IBPS). Public Sector Banks (PSUs): Bank Clerk (Clerical Cadre): Eligibility: Graduation in any discipline from a recognized university. Age limit typically ranges from 20 to 28 years. Salary: Up to INR 5 LPA Probationary Officer (PO): Eligibility: Graduation in any discipline from a recognized university. Age limit is generally between 20 to 30 years. Banks conduct competitive exams like IBPS PO for selection. Salary: Up to 7.6 LPA Specialist Officer (SO): Eligibility: Graduation in a relevant field (IT, Law, HR, Marketing, etc.). Additional qualifications or certifications in the specific area may be required. Age limits vary. Salary: Up to 19 LPA Bank Manager (Scale I, II, III): Eligibility: Graduation in a relevant field, often with several years of banking experience. Higher scales may require additional qualifications like an MBA. Age limits vary. Salary: Up to INR 15.7 LPA Credit Analyst: Eligibility: Graduation in Commerce, Finance, or related field. Some positions may require an MBA in Finance. Relevant work experience is often preferred. Salary: Up to INR 15.2 LPA Loan Officer: Eligibility: Graduation in any discipline, preferably with knowledge of banking and finance. Relevant work experience or additional certifications may be required. Salary: Up to INR 4 LPA Private Sector Banks: Bank Clerk (Clerical Cadre): Eligibility: Graduation in any discipline from a recognized university. Age limits vary. Private banks may have their own selection processes. Salary: Up to INR 5 LPA Probationary Officer (PO): Eligibility: Graduation in any discipline. Age limits typically range from 20 to 30 years. Private banks may conduct their own recruitment processes. Salary: Up to 7.6 LPA Specialist Officer (SO): Eligibility: Graduation in a relevant field, and additional qualifications or certifications as per the job role. Age limits vary. Salary: Up to 19 LPA Branch Manager: Eligibility: Graduation with several years of banking experience. Some positions may require an MBA. Age limits vary. Salary: Up to 16 LPA Relationship Manager: Eligibility: Graduation in any discipline, often with a preference for business or finance-related degrees. Good communication and interpersonal skills are crucial. Salary: Up to 8 LPA Financial Analyst: Eligibility: Graduation in Commerce, Finance, or related field. Additional qualifications like an MBA or CFA may be preferred. Analytical skills are essential. Salary: Up to INR 11.5 LPA Risk Analyst: Eligibility: Graduation in a relevant field, such as Finance or Risk Management. Some positions may require additional certifications. Analytical skills are key. Salary: Up to INR 17.9 LPA Treasury Officer: Eligibility: Graduation with a focus on finance. Some positions may prefer candidates with an MBA in Finance. Knowledge of treasury operations and financial markets is crucial. Salary: Up to INR 17.9 LPA Source: AmbitionBox Eligibility criteria can vary among private sector banks, and candidates should refer to the specific requirements of the bank they are interested in. Additionally, gaining relevant certifications and work experience can enhance eligibility for certain specialized roles. Check out: How to become a risk manager after BCom Government banks or private banks: Which is a better career choice? As mentioned earlier, there are two paths that you can choose to land in the banking sector. But which is better for you? The answer certainly depends on your current circumstances, while both private and government bank jobs have their pros and cons. Key differences in Private and Public sector banks Both banks contribute greatly to the development of the country’s economy in their ways. Aspirants who are willing to build a career in the banking sector should align themselves with the requirements and goals of each sector and choose the sector which suits them the best. 1. In public or government banks, the control lies within the hands of the government of the state or the nation. The government has a major stake in the banks, and thus the functioning of the bank is decided according to the law. In a private bank, the control is entirely in the hands of private entities or simply an individual. Some private banks can also be run by a trust or an organization. Private sector banks do not fall under certain laws laid down by parliament or the courts. 2. To get a job in government banks, you have to clear the qualifying examination conducted by the IBPS, whereas getting into private sector banks is comparatively easier; you might get selected based on your interview performance. 3. Career growth in the public sector is comparatively slow compared to the private sector. As in the government banks, you are appointed through the qualifying examination; the growth remains stagnant for quite a few years. Generally, the promotion depends on the number of years you have provided your service to the bank and not on talent or hard work. In the private sector, growth is purely based on hard work and talent. The main reason behind promotion in the private sector depends on merit and not age. 4. As mentioned above, government banks decide your paycheck on your seniority and not your talent, so the pay can sometimes be less compared to a similar post in a private bank. In private sector banks, as you can get a promotion very quickly based on merit, you can have a good pay package, and your salary may hike pretty easily. 5. Government banks always provide higher job security compared to the private sector. In the private sector, the competition is always on, and there are very high chances that you may lose your job if you don’t keep up with the competition. 6. Also, being a government employee, you can avail many benefits in loan rates, high-interest rates on deposits, pension schemes, and much more. While being a private sector employee, you can’t have such benefits. Also read: Best PG courses for BCom graduates Advantages of choosing a career in the banking industry The banking sector has undergone several major changes in the past few years, which has opened vast opportunities for aspirants. Here are a few reasons why you should choose the banking sector to build a strong and reliable career. Good pay packages Compared to other industries, the banking sector pays higher, be it private or government banks. Other entry-level jobs don’t provide good pay, especially to the freshers. So if you have completed your B.Com and are thinking about pursuing a career in the finance industry, the banking sector is certainly the best option. Job security Besides a respectable salary, you also benefit from higher job security, especially in the public sector. Even if you are an average employee, you don’t have to worry much about losing your job. Scope for growth The banking industry provides many opportunities to grow and strengthen your career. Even if you get an entry-level job in the banking industry, after a few years of hard work, you can reach your desired post. Along with job promotion, banking jobs also indulge life values that will help you even if you plan to leave the job and start your own business. No recessional impact No matter what the conditions are in the country, people continue to interact with banks to secure their money. So as long as people are earning money, banks are going to be there, and nothing can impact the working of banks. Due to extreme stability in the banking sector, recession only has a minor impact. Aspirants from any discipline can get into it The banking industry not only demands people from the commerce field but also welcomes individuals of other disciplines. The banking industry has a place for all aspirants who desire to build a career in the banking industry. Safe and comfortable work environment As mentioned above, the banking industry in India is one of the most stable industries in India. It helps the banking sector to provide a great work experience to the employees, which further leads to the feeling of job satisfaction among the employees. Great work-life balance Compared to other industries like IT, the banking sector provides an excellent work-life balance. You don’t have to worry about your work when you are at home. The banking industry provides a stress-free and hassle-free life to employees. Check out: How to earn a BCom degree online Steps to prepare for a bank job Let’s check how to get a bank job after BCom: Select the right commerce or finance degree Select the appropriate degree in finance or commerce. For example, BCom or MCom. Prepare for the bank exams Once you have completed the degree program, you can start preparing for the bank exam according to the syllabus. For positions at the senior level, get a master’s degree If you are aiming for a senior post, it is recommended that you have a master’s degree in finance or commerce. Obtain certification in accounting or finance If you are not willing to invest the required time in the master’s degree program, you can get yourself an online certification in accounting or finance to grab various bank jobs. They will certainly help you improve your job portfolio. Networking Build and maintain strong connections with other professionals in the sector to have a fair idea about the domain. Some top government and private banks that recruit BCom graduates State Bank of India HDFC Bank Bank of Baroda Canara Bank Axis Bank Kotak Mahindra Bank ICICI Bank IDBI Bank YES Bank Bank of India Secure a high-level banking job with an online master’s degree Most of the banks do recruit BCom graduates as employees. But when it comes to directly landing on higher posts, a master’s degree is a must. Having a master’s degree gives you an upper hand over your competitors, and it can increase your growth rate and help you obtain higher pay packages. Pursue any finance or commerce-related degree through Online Manipal Manipal University Jaipur (MUJ) and Sikkim Manipal University (SMU) now provide online degrees through their online platform, Online Manipal. With the help of these online courses, you can start learning at your own pace without having to step out of your comfort zone. The online courses provided by MUJ and SMU are comparatively cost-effective and tend to provide world-class education that can be accessed from a computer or mobile screen. Along with B.Com and M.Com courses, you can also pursue MBA in finance or MBA in BFSI courses to land your dream job in the banking sector. To know more, you can check out Guide to MBA in finance course. Conclusion As the economy of India continues to grow at an exceptional rate, the banking industry will play an important role in the country’s development. It is safe to say that opportunities in the banking sector will grow, looking at the current scenarios. With the help of the online degree programs provided by Manipal University Jaipur, you can stand out from the crowd and build a strong and bright future.
