Increasing demand for business education and non-tech jobs 

In today’s rapidly evolving job market, the demand for skilled managers has never been higher. As the world becomes increasingly complex and interconnected, businesses are constantly seeking individuals with the expertise to navigate this landscape effectively. The latest report published in ET confirm this trend, as non-IT sectors such as consulting, BFSI, conglomerates, and FMCG companies are showing an increase in hiring fresh management graduates. 

What does it mean for business schools? 

This surge in hiring for non-tech jobs has provided a much-needed boost for business schools across the country. Unlike engineering colleges, which have been struggling with a rationalization in tech hiring, B-schools are seeing a significant increase in the number of companies visiting them and in the number of students getting placed. Additionally, the average packages offered to management graduates have also been on the rise. 

This trend is indicative of the growing demand for management studies and management courses. In today’s dynamic business environment, companies are increasingly looking for individuals with specialized skills and knowledge that can help them navigate through the challenges of the modern world. This has resulted in a renewed focus on management education, with many students looking to pursue MBA degrees to gain a competitive edge in the job market. 

Online business degrees are gaining popularity 

The growing popularity of online education has made it easier than ever before to pursue a management degree. With the rise of online BBA and MBA programs from reputed institutes/universities such as Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE), and T.A. Pai Management Institute, students can now access world-class education from the comfort of their homes.  

Online MBA programs offer several benefits, including greater flexibility, lower costs, and the ability to learn at one’s own pace. Unlike traditional classroom-based programs, online programs allow students to access course materials and lectures at any time, from anywhere. This makes it easier for students to balance their studies with work, family, and other commitments. Students will also be provided with the opportunity to choose from several in-demand electives and specializations which help them pursue a career in a domain they are passionate about. With the rise in remote working and the need for professionals who can work independently, online MBA programs are becoming increasingly popular. 

Moreover, online MBA programs from reputable institutes are recognized by employers globally, and students can acquire the same knowledge and skills as their on-campus counterparts. Online MBA programs also offer opportunities for networking, which is crucial for building professional relationships and exploring career opportunities. 

Conclusion 

The growing demand for business education and the increasing focus on non-tech hiring in business schools reflects the changing nature of the business landscape. As companies become more diverse and complex, there is a greater need for individuals with a broad skillset and a deep understanding of business fundamentals. As a result, business schools are evolving to meet these needs, offering a wider range of courses and recruiting faculty with diverse backgrounds and expertise. This trend is likely to continue in the years ahead, as businesses continue to adapt to a rapidly changing global economy. Ultimately, investing in business education and non-tech hiring is an investment in the future success of both individuals and organizations.