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Career Tips to Choose The Right PGDM Course

PGDM courses have gained a lot of popularity over the years among young aspirants due to the wide scope of opportunities available, both in corporate and academia. Completing a PGDM course is often considered to be crucial to accelerate a student’s career. However, in order to attain this career growth, it is essential to choose the right program to begin with.

With multiple institutions offering a host of different programs, it’s important to consider certain parameters while choosing the PGDM course that will help you in the future. Keeping this in mind, we have compiled a list of factors that should influence your choice of a PGDM specialization:

Tip #1: Identify The Reason For Pursuing Higher Education

One of the most important factors to consider is identifying why you are looking to complete a PGDM course in the first place. Do you want to advance in your career by enhancing your current skill set? If yes, then you should choose a course that is a natural progression of your skillset and previous qualifications. For example, if you’re proficient in the finance field, you should consider opting for a PGDM course in finance. You could also do more research by discussing the right move with your peers, colleagues, or even your employer.

On the other hand, if you’re looking to diversify your knowledge or enter a more prominent field, you can opt for a course in that field. For example, if you’re working in the finance industry but are interested in moving to the marketing industry, you could opt for a PGDM course in marketing.

Tip #2. Ensure The College Is Accredited

While choosing a course, you also need to consider how many B-school are offering high-quality education in this course. The first thing you need to check is its accreditation. This is important as it will help you evaluate the level of education you will receive, as well as if the amenities offered will help you in your education. Moreover, by completing a course from an accredited college, the chances of you getting better opportunities in your career and better packages increases.

Tip #3. Analyze Placement Opportunities

An advanced course like PGDM can be expensive. To recoup the cost, most students look for a great placement as soon as their course is completed. However, the market is extremely competitive. Hence, you want to choose a course where the demand is high, but the competition is relatively low. For this, you’d need to carry out some market research or can even consider talking to your peers and seniors in your current workplace. They can give you an overview of what the market looks like and whether you should invest your time and money in completing the course.

Tip #4. Consider The Location

When you choose an advanced course like PGDM, you want to ensure that you get the best education possible. If you have the freedom to travel, it is recommended to identify the ideal location to specialize in the subject area you’re interested in. For example, if you’re looking to complete a course in finance, getting the education in the finance capital of India, Mumbai, would give you a chance to learn right at the source.

If, however, you don’t have the freedom to move or travel to places, you can still get the best education from distant lands by choosing distance learning. Many institutions and colleges offer distance learning programs that are equally effective and enable the students to fulfill their commitments while pursuing higher education.

Tip #5. Take A Reality Check

After you’ve finalized your course and the college keeping the previous factors in mind, there is one last step to undertake before going through with the admission process. Stop and minute and ensure what you’re doing makes sense. Can you afford the cost of education? Do you have specific qualifications required to pursue this advanced course? If you’re going to keep your employment, is your employer going to be on-board with you pursuing an education while working?

 

It is important to get definitive answers to all these hard-hitting facts, or else they can prove to obstructions while you’re already too deep to reconsider.

 

By following the factors mentioned above, you will be able to effectively narrow down your options, and make the right choice. That being said, while considering these factors, don’t underestimate the importance of choosing the right college as well. Also, it would be best if you carried out proper and extensive research before zeroing on a course as well as college. Just remember to choose something you’re passionate about. Don’t spend the next couple of years staring at textbooks that you have interest in whatsoever. Remember, it’s all about what keeps your excited and only then will you succeed!

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Top Benefits of Part-Time MBA (Especially Working Professionals)

In India, management is regarded as a highly rewarding career path. As a result, a large number of graduates, as well as working individuals, opt for postgraduate studies in this field. However, with a highly competitive atmosphere, securing admission into MBA programs becomes difficult for many aspirants. On the other hand, some individuals may not be able to pursue a full-time MBA program on account of personal or professional commitments.

Thankfully, a number of Indian institutes have come up with a feasible solution to tackle these difficulties, namely, a part-time MBA program. Candidates who are not able to pursue a traditional MBA program can enroll for a part-time MBA through online or distance learning portals.

1. Changing Career Fields or Companies:

A part-time program provides adds weight to the resume of a candidate who is looking for a job change, after a little work experience, and helps them in getting promotions faster and landing a lucrative job. However, it is very common to have part-time students struggling to go through the task of preparing for interviews, while you’re juggling your degree and current job, especially if you are interested in finance and consulting. It needs time and a lot of commitment to go through case studies, and hence when preparing for interviews you might have to take some days off, to compete with regular full-time MBA students. At the same time, the work experience that you have will most likely be of more importance, than that of regular candidates, when opting for a job, giving you an added advantage.

2. Career Growth:

As a working professional, you should be aware of the latest trends that contribute to your employability, and any new skills that employers might be looking for in their prospective candidates. A part-time MBA program, lets you evaluate whether the career growth you are expecting is in accordance with the demand of the industry or not, and helps you develop the necessary skills, all the while you hold down a job.

3. Earning More Money:

There is a myth that part-time qualifications do not pay much. However, earning more than a decent amount of money is possible given a part-time MBA experience. Remember, experience counts, and once you’re done with your part-time MBA program, both of these things will add up to end in your favor.

4. Exposure:

You are likely to pick up a lot of new things, related to your subject or otherwise, and have multiple chances to network with like-minded people who’ll keep you in just the right amount of competitive spirit, while you interact with them.  This will serve as an improvement in your career, as you will find yourself ready to take on new responsibilities, with access to better remuneration.

5. Sense of Direction:

If you’re bored in your current job, a part-time program can come as a positive change in your professional life, where you can continue devoting a part of your time to something you’re interested in, while being financially secure. You can also figure out your calling, which you can pursue once you’re done with your part-time degree.

 

Also Read:

Top Reasons to get an MBA Degree

How MBA Helps You in Developing Your Skills?

 

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What Skills Do Companies Look While Hiring an MBA Graduate?

Considering the popularity of the Master of Business Administration (MBA) degree for graduate college students, MBA grads may want to stand out in a crowd, and knowing what employers are looking for is the key. The degree costs close to a fortune per year at the top schools, but one in three employers said they struggled to find business school graduates with the right skills.

In the process of choosing the best business degree available, you will find out that although different programmes cater to different needs, some MBA skills are taught universally. Surely, these should be relevant to your specific goals and career aspirations. However, it is also important to be aware of the current job market fluctuations and to keep in mind that employers will value some skills over others.

The most important skills employers look for are as follows:

  • The ability to work with a wide variety of people
  • Time management and ability to prioritize
  • Understanding the digital impact on businesses
  • Ability to build, sustain and expand a network of people
  • Ability to solve complex problems

The five most important skills were not core MBA subjects, such as finance and marketing, but more loosely defined qualities or so-called soft skills. Of these, employers said the ability among MBA graduates to manage their time effectively was the most difficult to find.

But MBAs are also expected to be more than problem solvers with great interpersonal skills. Employers rated skills according to how difficult they are to find in MBA grads when hiring, and the top five are:

In terms of the most important skills in the workforce, graduates mainly agreed with employers: soft skills matter the most. But when asked what skills MBA students were most proficient in, the results were contradictory, suggesting the expectations of employers and candidates are mismatched. Two of the skills that graduates from elite MBA/PGDM programs found they were most proficient in — drive and resilience, and the ability to solve complex problems — were also among the skills recruiters said they found the most elusive in MBA graduates.

The job seeking process is always a crucial one. The list above reveals the qualities that are vital in all MBA professionals. A confident and impressive lad can surely bag a nice job if he is thoroughly prepared and knows what to expect during job interviews. You must thus prepare yourself well and the job search will then be a cakewalk for you.

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MBA in HR: Scope, Career, Job Opportunities and Much More

Even though digitalization is said to take over 50 percent of the total sales of a company, according to a research conducted by Forrester and McKinsey, HR continues to remain an integral part of the company, be it local or international.

It is responsible for a variety of tasks, from recruiting new team members to maintaining the public image of the company. There has been an increased interest in HR, with some students taking up MBA-HR in business schools.

MBA in Human Resources is a specialization of the MBA course itself.

It is also a 2-year post-graduate course, which trains students in the techniques of human management and the strategies involved with it, like recruitment, selection process, the hiring of employees, onboarding, talent acquisition, training and retention of employees.

Thus, it is evident that there is a lot of scope of MBA in HR.

 

What are Some of the Career Prospects of the Course?

Like MBA graduates, MBAs in the HR specialization are also sought after in various respects. Persons trained in the MBA-HR course are required for the recruitment and screening of potential candidates. They also motivate the existing candidates by providing them with competitive compensations and many more such benefits. They frame the company’s HR policy and ensure that it is followed by all employees.

They also look after the welfare of all employees and pay heed to any complaints that they may be having. There is a lot of demand for learned and experienced MBA in Human Resources graduates. The more the experience, the higher is the position and the salary package. This definitely increases the scope of MBA in HR, providing more and more job opportunities to prospective candidates.

Upon completing the course and gaining experience as a trainee, here are some of the prominent job positions that one can apply for:

1. HR Generalist:

This is one of the entry-level positions for a Human Resources MBA graduate. The job description of the position involves working like receiving job applications from candidates, evaluating their resumes, selecting documentation, organizing recruitment projects and so on. The salary package usually begins at more than INR 2.5 lakhs per annum.

2. Staffing Director:

This is one of the higher ranking jobs associated with the course. It is the staffing director who is responsible for taking important decisions about the existing staff of the company. He plays an important role in forming the recruitment policies, promotional policies, and policies relating to transfer and training.

3. Compensation Manager:

The compensation manager looks into the financial matters of the company. He fixes the salaries of the previous and new employees of the company. He is required to look at the minimum wages act and the labour laws and ensure that the salaries he determines for the employees adhere to these laws. He also determines the amount of bonus and benefits that are to be given to the employees.

4. Technical Recruiter:

This is another job description available to graduates of MBA in Human Resources. During the recruitment process, he is responsible for testing the technical skills of the recruits and choose the ones who are well-versed in the technical aspects. This is very beneficial for sectors like IT and Banking.

5. Employee Relations Manager:

The Employee Relations Manager acts as the bridge between the company and the employees or the trade unions. They organize meetings for the employees and trade unions, address any complaints or grievances that they may be having and settle disputes between the company and the staff. They have a salary package of about Rs. 5 lakhs per annum.

6. Director of HR Training and Development:

This is one of the highest and most well-paid jobs in the HR sector. He conducts training sessions for the new candidates and ensures that the training process goes by smoothly without any glitches. It invariably affects the output of the company by increasing the productivity of the employees.

 

The Benefits of Doing MBA in Human Resources

Now, let us take a look at some of the advantages of pursuing a course of MBA in Human Resources:

  • An Improved Pay Scale: People with a Master Degree in HR management have a higher chance of occupying a well-paid job in the company, according to the Bureau of Labour Statistics.
  • More Job Opportunities: An MBA in HR will provide you with a lot of attractive job opportunities in the corporate sector. Some of the jobs that you can opt for have already been mentioned above. Each job requires its own specific skill set, so you can look for a job description that fits both your interests and your area of expertise.
  • You can Take on More Responsibilities: Once you complete your MBA course, you will have increased knowledge of all the small details of the industry. You will be able to operate better with this knowledge, and even guide those who are placed under you in the company. With a masters degree, you will have specialized skills and training which will help you take on the role of a leader and decide on important aspects of the company.
  • Increased Insight into your Career: This is one of the key benefits of choosing a career on HR- you will gain a lot of insight into your own personal growth and job prospects. These advanced courses on human resources also have portions on organized psychology, which will lend you a broader and deeper understanding of the human psyche. You can use your skills for workplace learning, and how to work better with different human beings. You will learn how to develop a business and use your skills to train would be human resource generalists. Instead of focusing on only hiring, you will be able to take part in the more significant work such as employee development and training.
  • You will have Better Job Stability: Both academics and experience matter in maintaining a job, so the chances are that a higher degree will help you maintain your job for a longer time. The fact that you have a higher degree like an MBA in HR will mean that you have improved knowledge and skills to help a company and their management needs- from hiring employees to sorting out administrative issues. This will make you invaluable to any company, which is why you will have a higher chance of maintaining your job even if the economic conditions come under the rough weather.

 

Thus, the importance of the HR department in any business organization cannot be negated or diminished. They conduct a significant portion of the company’s proceedings. This is why HR officials are in high demand in the market at the moment.

The scope of MBA in HR is and will always remain wide and pertinent because it is impossible to run a company without a good HR team backing it up. If you are someone who enjoys working with other people and wants to use his/her knowledge to help a company grow, then an MBA in HR from N.L. Dalmia is the route you should take.

 

Also Read:

Top 8 Tips for a Successful Career after MBA

Career Options After Completing an MBA

 

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A Guide to Career Opportunities After MBA in Marketing

MBA in Marketing is one of the most common fields when it comes to pursuing a course in business administration. As the name suggests it is all about marketing that involves promotion of the products that a company manufactures and developing an understanding of the behavior of the consumers and their respective demands. It is also one of the most challenging fields as it is never easy to understand human nature. MBA in Marketing is almost always the first preference of the candidates as the job opportunities are many. The real skills revolve around the ability of the candidates to be good at playing with words so that they can convince people around them.

Why MBA in Marketing?

MBA in Marketing is the best option for those who are extroverts, make friends easily, are talkative and have the power to captivate others through their words. Since Marketing department is one of the main departments of each and every organization, therefore, no matter what your basic interest is, you can get a chance to explore several opportunities in a wide array of fields inclusive of entertainment, media, promotions, advertisements, sales or other applied management fields. Everything has a value only when it can be sold off and it is the responsibility of a marketing manager to promote the products in a manner that they are attractive enough for the customers. The course helps the candidates develop their skills in terms of strategic planning, market research, marketing campaigns, and consumer behavior, cost-volume and profit, and analysis of demand.  There is also a stern requirement for good communication and presentation skills. Thus, MBA in marketing can be considered to be an all-round development course that helps the candidates to build their personality and get acquainted with the business world in the real sense.

 

The Scope of MBA in Marketing

The enrolment to this program can help the students learn about sales, fields of marketing and its inter-related dimensions, management skills that are executive in nature as well as the leading ones. The consumer trends, market strategies, management of the product as well the market research across all different industries are some other factors that are looked upon by the students who opt for MBA in Marketing. This course provides an exemplary view of tactics that are to be applied for sales, promotions, and advertising and branding as well as generating demand among consumers for a specific product. The scope is vast, it all depends on the capabilities and the abilities that a candidate possesses and also on his wisdom to utilize the opportunities that he/she is bound to come across.

 

Career Options after MBA in Marketing

MBA in Marketing, as suggested, complies with almost all the fields and all the companies seek professionals from this background. This refers to the fact that the opportunities for candidates who have marketing as the specialization in their MBA degree are many and they have a number of options to choose from. It can either be direct marketing or digital marketing but may whatever it is good with a heavy package. There are a few specific skills required and if most or all of them are imbibed then a fat package is a guarantee. Some of the skills like good command over language, both written as well as spoken along with excellent presentation skills are a must. In addition to that, good analytical skills, logical reasoning power, a knack for listening to others and most importantly the ability to convince and/or influence others can offer you good job opportunities. Some of the options available as the career progress from marketing executive include being a marketing manager for a region, then a territory or an area and can reach as high as director. The other options include becoming a marketing and business development manager, sales representatives and/or a brand manager. You can also play an important role by being the asset manager, media planner, product manager, or head of digital marketing.

 

  • Marketing Managers: Responsible to lead the marketing team and ensure the growth of business and servicing of existing customers. On average they earn a salary of Rs. 6.5 Lakhs in India per year
  • Brand Managers: Responsible for marketing positioning of Company and Product Brands through advertising, media and public relations. On average they earn a salary of Rs. 7.6 Lakhs per annum in India
  • Market Research Analyst: Responsible for carrying out research work required to make recommendations to top management over issues like time, price and area of the launch of a new product, need of customers, Competition Analysis etc. on an average they earn an annual income of Rs. 3.1 Lakh in India 
  • Sales Manager: Kind of basic marketing job, where professional is responsible to meet revenue targets, customer servicing and feedback over the business to higher management. On average they earn an annual income of Rs. 5.3 Lakhs 
  • Product Manager: Professionals responsible for design, specifications, and positioning of the company’s products. He monitors the product’s performance and feedback in the market place and takes a call if some changes are required. They earn compensation of over Rs. 10 Lakhs per year
  • Corporate Sales Manager: Professionals engaged in B2B sales and directly coordinating with the purchasing department or top management of companies to ensure sales of its products. On average they earn compensation of Rs. 5.5 Lakhs per year 
  • Digital Marketing Manager: A new role which is gaining immense importance which deals with ensuring a positive digital image of the company and its products among Internet Users. They strive to bring traffic to the company’s website and social networking websites profile to increase brand visibility and turn potential customers into loyal customers. They earn an annual salary of Rs. 4.5 Lakhs.

If an MBA in Marketing now sounds like a good career option for you, we recommend you check out the 2-year course being offered at N.L. Dalmia. It’ll be the perfect first stepping stone and a rock-solid foundation to your way up the ladder of success.

 

Also Read:

Top 8 Tips for a Successful Career after MBA

Career Options After Completing an MBA

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Career Opportunities After MBA in Finance

An MBA in Finance grad has ample of opportunities waiting around, all he needs to do is grab it. All of this because of the diverse skill set he possesses. There are thrilling careers in financial consultancies, financial institutions, and banks. To be more specific, you can get into fields like merchant banking, investment, and consumer banking, international finance, corporate finance, and institutional finance.  Once you build up your work experience then you can serve on government committees and add your inputs to the policy-making issues. You can also provide consultation services to government and corporate organizations.

 

Students earning an MBA in Finance open up a multitude of business doors, depending on their chosen specialty. Salaries and options depend on where the graduate goes to work and what line of financial management they choose to follow.

 

Financial knowledge is a key component in many aspects of the business world. For this reason, a background in finance can open a number of doors for employment options. The range of careers open to graduates with an MBA in Finance comes with a corresponding range of potential salaries. Options range from analytical to executive roles.

 

Jobs after MBA in Finance

 

  • Business Finance – entry-level positions in a credit or treasurer’s division where employees may analyze credit applications, support in the management of bill collections, manage cash & short-term investments, prepare budgets, and handle bank relations
  • Financial Institutions – Graduates joining commercial banks may train in various departments for 6-12 months until they begin positions in lending, branch supervision, operations, internal auditing, trusts, and investments
  • Investments – Security analysis and investment portfolio management. Experience is usually necessary
  • Insurance and Risk Management – Entry-level positions in areas of management training, claims adjustment, underwriting, credit management, and sales. Careers extend into employee benefits, managing exposure to financial risk, reinsurance
  • Personal Financial Planning – Graduates work for an independent financial planning company or a regional branch of a national financial services company, providing services in the areas of investment, insurance, tax, retirement, and estate planning

 

Finance Careers after MBA Finance in Private Sector:

Obviously beyond the public sector, the finance careers in the private sector are more lucrative as the private sector, obviously is more dynamic and offers a lot larger salaries to the students of finance. Because this sector grows faster than the public sector, the chances of exciting opportunities are more. Some of the posts that are available for students at the entry level are:

 

  • Credit Risk Management Analyst
  • Financial Research Analyst
  • Financial/Securities/Investments Analyst
  • Personal Financial Adviser
  • Portfolio Manager

 

Pay Scale Provided in MBA Finance:

Let’s talk about the money, majorly the pay scale depends on the business school from where you are graduated. The greater the reputation of the b-school, better the pay package, also the financial guys have always got the creamier pay package even better than the marketing guys. Tier 1 colleges that include Top MBA colleges in India like IIMs and the likes provide financial students with placements at an average of 10 – 15 lakhs p.a., quite a wealthy salary for a fresher.

If you have work experience and want to pursue a masters in management course in finance then an MBA at N.L. Dalmia is the right fit for you. It’s a 2 year MBA course and inculcates all of the teachings one is expected to receive during an MBA. As the students are taught about the finer aspects of economics, banking, accounting and market structure etc in this MBA program, they will prove to be valuable for firms, especially firms in the banking sector. So if you’re thinking of pursuing an MBA in Finance, go for it, the future looks bright for you.

 

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Top 8 Tips for a Successful Career after MBA

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Top 8 Tips for a Successful Career after MBA

Who doesn’t want to be more successful? High-flying MBA students and graduates give you the lowdown on how to achieve your business career goals.

Many of the world’s most influential people have one thing in common: an MBA.

Sheryl Sandberg, George Bush, Shaquille O’Neal, even TV chef Ina Garten—they’ve all got one.

It seems the course lends itself to any walk of life, as long as it’s success that’s on your lips.

With this in mind, we have rounded up 8 top tips from high-flying MBA students and graduates on how to reach your full potential—and some of them may just surprise you.

MBA Student with Hat

1. Know Yourself

Neha Sharma joined Microsoft as a product marketing manager in September 2018, having completed the Full-time MBA program in the same year.

“Self-awareness is key to one’s success,” she says. “You need to objectively evaluate where you are in terms of skills and achievements, and where you want to be, what drives your ambitions and—most importantly—how to transform and develop yourself to get there.

“Sometimes, taking a step back to reflect on your career and retrain yourself might prove pivotal for long-term success.”

2. Promote yourself

Jeena Mehta has had a successful career as a consultant and director of the Oxford Seed Fund, and is currently studying for an MBA.

She is adamant that communicating one’s achievements and goals is essential.

“During my MBA, I chaired the Technology Society, and managed activities at the Oxford Seed Fund. Initially, these extracurricular efforts were not acknowledged—not until I started communicating my accomplishments,” she explains.

“These success stories facilitated a meeting with the McKinsey global managing director. Talking about my goals and achievements with him, I positioned myself for the kind of projects that will advance my career after my return to work”.

3. Tackle the Status Quo

Natalia Sheikh, an MBA graduate, is a digital marketing manager with experience in luxury, hospitality, tourism and business services marketplaces.

Her tip? “It is not our talent, education, or skills that lead to guaranteed success in business. People with a rigid mindset, those who believe that the current paradigm stays forever, are much less likely to flourish than those with an agile mindset,” she asserts.

4. Unlock Your Ideas

An MBA degree is one of the best places for new entrepreneurs to take the plunge and begin their new business. A whopping 44% of students actually began their new business while still enrolled in business school. 2 out of 4 entrepreneurs owned their own business before enrolling in school, seeking skills to enhance their existing company.

5. Do What You Love

The age-old concept to follow your passion and you’ll never work a day in your life seems to be holding strong amongst business school graduates. 94% of graduating student entrepreneurs said that following their passion was the primary reason for starting their own business. An MBA degree can give you the skills you need to take that passion and make it a business.

Businessmen

 

6. Gain Skills

There is no doubt that an MBA degree provides aspiring entrepreneurs with the skillset to establish their own business or to grow an existing business. 91% of graduates said that business school helped them to lead their company while 90% said it helped them to grow their business. 88% said that business school helped them to develop an idea into a business.

7. Develop New Business Ideas Across Industries

Entrepreneurs start businesses in all industries. The three biggest industries where entrepreneurs are developing their businesses are in products and services (37%), consulting (20%) and technology (17%).   An MBA degree can introduce business professionals to various industries and teach them methods to improve market research in these industries.

8. Measure Success

There are many measures of success among entrepreneurs. According to the statistics below, 41% of entrepreneurs are reporting more than $250,000 in revenue. In addition, 28% of entrepreneurs are working globally, and 27% are diversified, owning multiple companies.

N. L. Dalmia’s Global MBA Program, prepares the next generation of world leaders through a rigorous, stimulating business and management curriculum based on a global perspective, industry demand, and leadership preparing graduates with the skills they need to pursue the career they want.

 

Also Read:

Career Options After Completing an MBA

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successfull carrier after mba

Career Options After Completing an MBA

Before jumping to the conclusion that a Masters in Business Administration (MBA) is the correct choice for you, stop and ask yourself why. The hunky-dory vision of life after MBA may not be so easy after all. Not every management graduate receives a cushy job and a dreamy salary package. You must have your goals in place to be able to establish a solid and successful career after an MBA, like most other fields.

The usual reasons for doing an MBA these days:
  • It earns you more money
  • It gives you a promotion in your job
  • It helps you quit a job that sucks

But in order to pursue an MBA and to feel truly satisfied by doing so, you must take a more cognitive view:

Why Pursue an MBA
  • To launch a progressive career
  • To make a shift in career, if you already are an experienced professional
  • To nurture an innovative outlook
  • To network with the best in the market
  • To add a brand value to yourself
  • To enhance personal growth
  • To start a business/ start-up/ turn entrepreneur
  • To move to another location

Once you know why you want an MBA degree, you should be prepared with a knowledge base of jobs that require this degree. Based on that, you may nurture your career interest. Client relations, consulting, business planning, resource or system analysis may be a part of your job profile, but let’s take a more specific view of the job opportunities after an MBA:

 

1.Management Consultant

A management consultants job is to advise companies on their management practices and identify problems within the organisation that may be holding the company back from reaching their goals. Many management consultants are self-employed, while others work for large firms. According to the Institute of Management Consultants, about 27% of consultants are self-employed. This is an ideal arrangement for many MBAs – a flexible career path with high earning potential.

Required Skills

  • Management Techniques
  • Salesmanship
  • Public Relations
  • Analysis

2.Marketing Manager

 

Marketing managers oversee the planning and execution of a multifaceted marketing plan to help their companies grow. They set budgets, plan marketing campaigns, and manage staff on the marketing team to conduct market research, launch marketing campaigns, and analyse the data collected from each campaign to make improvements. Their goal is to create more brand awareness and bring in sales. Marketing managers must be knowledgeable about many different types of marketing approaches and also be skilled at leading a diverse team. A Masters from N.L. Dalmia in Marketing Management can help you get here by obtaining the required skills:

  • Marketing
  • Public Relations
  • Management
  • Analysis

3.Investment Banker

Investment bankers help companies invest and grow their capital through shrewd purchasing of equity and debt. They also provide advice and assistance during financial transitions such as acquisitions and mergers. Bankers are responsible for ensuring all pertinent paperwork is in order and that all government regulations are followed during any and all transactions.

 

 

A Masters from N.L. Dalmia in Management with a specialisation in Finance can help you get here by obtaining the required skills:

  • Finance
  • Communications
  • Sales
  • Analysis

 

4.Operations Manager

An operations manager is sort of a company’s jack-of-all-trades. He or she oversees daily operations, purchasing, inventory, coordination between departments, and policy creation. Responsibilities may also include hiring employees and negotiating contracts. However, this job will vary depending on the organisation and expectations of the CEO. Therefore, this position requires a great deal of flexibility and multitasking.

 

Required Skills:

  • Management
  • Communications

 

5.Financial Advisor

Financial advisors cater to the individual rather than businesses, and play a key role in helping families plan for retirement, invest in their children’s education, and build individual wealth. A financial advisor looks out for their clients’ best interests by suggesting good investment opportunities and creating realistic long-term plans. This is an excellent career path for MBAs who have a desire to help others become financially savvy.

 

Required Skills:

  • Finance
  • Communications
  • Sales
  • Analysis
Which Path is For You?

 

 

Now that you have an idea a few of the possibilities available to you, it’s a good time to consider which skills you’ll need to develop to land the position that interests you most. And there are many other career opportunities for new MBAs than these five. Consider the fields and positions work best with your skill set, and you’re sure to find great companies looking for a talented new graduate!

Also Read:

Career Option After Completing PGDM Finance

Career Option After Completing PGDM Marketing

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Career Tips to Choose The Right PGDM Course

N. L. Dalmia has shaped my personality in many ways. I learnt the best of HR subjects from amazing faculty members and the overall ecosystem helped me in becoming a better person.

When I entered the industry to start working, I already had a head start in HR concepts, thanks to the specialized HR batch. Additionally, we were provided with well-rounded development through assessment centres, IR case laws, personality development camps, college festivals, national level paper presentations and multiple sessions by industry stalwarts. I feel proud and grateful to have been associated with this institute. The conceptual and life learnings have shaped my career and more importantly my personality.

Designation: HR Business Partner

Organization: Amazon Development Centre India Ltd

Name: Ravishankar Kale
Phone: + 91 8956058483
Email: [email protected]

Name: Kshama Shukla
Phone: + 91 9867366181
Email: [email protected]

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