MBA Advice – Page 2 – N. L. Dalmia Institute of Management

MBA or EMBA Which one’s right for you

November 1, 2021
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MBA/PGDM or EMBA: Which one’s right for you?

All those candidates who are Aspiring to pursue any management course in Mumbai then have a lot of options to choose from. There are various MBA institutes in Mumbai to select. Although there are several opportunities for management graduates still there is confusion among candidates about which management course is right for them. However, it has also been noted that all the management courses are different in terminology, so they offer other course structures according to a diverse syllabus pattern.

Among different business schools in Mumbai, the two most popular MBA programs include post-graduation diploma in management and executive MBA program. If you are confused between these two programs that which one to choose, you must know the difference between these two courses.

What is PGDM?

Post-graduation diploma in management, which is popularly known as PGDM, is a management program having a course schedule of 2 years where students are taught different practical leadership skills so that they will be designated as senior managerial level post other organization and corporate. After pursuing this management program, the student will learn various leadership skills and administrative and executive skills as this program is known for imparting practical management knowledge to the students.

In the first year, students need to learn management basics, and all the subjects are identical. Still, in the second year, the students are given an option to choose their respective field in which they want to get specialization to get in-depth knowledge of a particular subject within a year. Therefore, PGDM is the best option for those students who wish to learn practical heels and are very eager to hold a manager-level position incorporates and who want to learn business skills and explore new opportunities.

What is an executive MBA?

Executive MBA, popularly known as executive masters of Business Administration, is a program specifically designed for working professionals. It is a one-year management course offered by various business schools of Mumbai that attract working professionals from different industries, including the public sector, private organization, medium-sized companies, and family businesses.

EMBA or Executive MBA is designed for individuals who want to gain more knowledge about leadership skills and want to hold the upper-level position in their existing organization or want to be placed in a top management organization. All the people who scope for executive MBA must have the working experience to pursue this course. Almost every business school that office an executive MBA has the criteria to give admission to those individuals who only have a solid working background or have the sound working experience to pursue EMBA.

Admission criteria

Admission criteria for PGDM and executive MBA are different. If the candidate wants to pursue a PGDM course, he will get admission to top business schools based on his sport in various competitive entrance exams carried out across the country. On the other hand, for pursuing an executive MBA, you don’t need to find any competitive exam, but you should have substantial working experience along with good soft skills to pursue this course. This means that a candidate does not need to have any working experience for pursuing PGDM, but to carry out an executive MBA course, the aspirant must have at least 2 years of working experience.

Which one is better?

PGDM and executive MBA courses have their advantages, so you will select which path to choose depending on your need. The courses PGDM and executive MBA are designed for those candidates who want to gain practical knowledge in the management field. PGDM is a program pursued by both working professionals and graduates having no experience, but to pursue an executive MBA, it is mandatory to have 2 years of working experience. There are various businesses in Mumbai that are offering both programs.

Among all the schools, NL Dalmia Institute of Management offers management courses to candidates across the country, and you can choose your desired course in MBA provided by them. Depending upon your needs and requirements, you can select your desired force as both forces are known for providing practical skills to the candidates. After pursuing this course, you will be able to get in-depth knowledge about leadership skills and other managerial skills.

MBA marketing degree voice of business

November 1, 2021
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MBA marketing degree voice of business

In recent years master of Business Administration degree is gaining a massive advantage as all the organizations require professionals with having a solid base of management to hold desired positions. Among various specializations, an MBA in marketing is said to be one of the most fashionable specializations demanded by multiple organizations, as marketing is the course area of business that helps any organization flourish. In this paper and rolling yourself in an MBA program from Business School in MBA is one of the most convenient ways to advance yourself in the career of Management and Secure long-term returns from it.

MBA in Marketing helps to provide a competitive edge

If you hold only a graduate degree, it would be difficult for you to hold the desired position in Big organization dreamt of. if you want to earn advancement in your career to work hard for that. Different young professionals complete a lot to get promoted and position themselves as the best candidate. For that, they need to require additional education in management degree. With an MBA in marketing degree, you will differentiate yourself from the crowd by creating a great understanding of your marketing skills.

Achieve higher compensation

According to various research, it has been finding out that all those people having an MBA degree in marketing a likely to earn 50% higher starting earnings than usual and also continue to earn about 80% more than their peers if they position in a higher position at the organization. This research suggests that if you hold an MBA degree in marketing from one of the prestigious institutes in Mumbai, NL Dalmia Institute of Management you will be able to secure a higher position and achieve higher compensation with your degree.

Higher job satisfaction

After completing your MBA in marketing, when you are placed in any organization and see how your efforts contribute to the betterment of business, you will be satisfied with your job. It is seen that marketing professionals advance in their areas and often aspire to influence a lot at work, so they are always keen to see how their efforts and contribution provides advantage and profit to the organization by increasing its overall revenue as it is also a source of motivation to them to work in a better way. Hence after pursuing an MBA in marketing specialization, you will achieve greater job satisfaction at work.

More employment options

With an MBA degree in marketing, you have a lot of opportunities to get employed in different organizations ranging from Healthcare organizations, Financial Services, Hospitality Services, and many more. It was also so that marketing professionals work on ethical standards. They would also don’t mind accepting a lower salary for the business that incorporates social responsibility into their business model. They do so because most marketing professionals work on ethical standards, and with their efforts, they want to contribute to society. This is the reason because of the dedicated services they have more employment options to work in different organizations.

Stimulating challenges

If you or someone are aware of the marketing industry, you should know that this discipline is quite complex. To become successful in marketing, to should have specialization and experience in different areas, including content marketing, market research, retail marketing, or brand Communications. So being a successful marketing professional, you should always be ready to stimulate challenges that come your way. And to stimulate the challenges, you must have good background knowledge of marketing that you can process by completing your professional degree in management or MBA in marketing from various Business School in Mumbai that offers an MBA in marketing degree.

To become successful in business, you must have poses MBA degree as they teach theoretical and practical knowledge regarding management of the different areas. Especially you need to possess experience in marketing because it is the diverse field of specialization required by every organization to gain the most advantage from the business. So to gain management knowledge, you need to have completed a post-graduation course in management. The ideal course for this is an MBA in marketing which you can pursue from NL Dalmia Institute of Management as it is one of the most renowned management Schools in Mumbai.

What a Career as a Tax Auditor Looks Like

September 20, 2021
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Do you have a career goal of becoming a tax auditor? The role of a tax auditor is very important from a business perspective. Proper training, certifications, and project experience are essential. The position is high-end in nature, with tons of responsibilities.

A financial job

The tasks of a tax auditor are essentially financial in perspective. Completing a PGDM Finance course from a renowned management college, such as N. L. Dalmia Institute would be the right step to accomplish your goal. The financial expertise helps you significantly in getting a corporate job.

Different from an accountant’s job

Keep in mind that the job responsibility of a tax auditor is markedly different from the job of an accountant. An accountant prepares the financial records and oversees the bookkeeping operations of a company. On the other hand, a tax auditor examines and attests to the financial records of the company.

Designations you may get

Before discussing at length about various tasks of a tax auditor, know about the probable professional designations you get after completing an MBA from a Top B School in Mumbai like N. L. Dalmia Institute. You can be recruited in the position of an Audit Manager / Internal Audit Manager. You might also get a designation titled ‘Senior Auditor’.

Half-yearly audits

At the end of September, a half-yearly audit process takes place. You have the duty to thoroughly check the accounts and locate errors if any. Also, you need to prepare a detailed report on your findings.

Yearly audits

Yearly audit procedures are more hectic compared to the half-yearly ones. An annual audit process is more comprehensive in approach. You need to be more meticulous in the application of your expertise. Also, you have to apply some time management skills picked up from the MBA classes in order to finish the work fast.

Collaborating with various departments

In cases of an internal audit, you have to collaborate with senior executives of various departments of the concerned company. There would be meetings with the management. You can prepare conclusive reports only after you are convinced about the relevant bookkeeping details of the business.

A strong grasp of numbers

It is obvious that as an auditor, you need to possess strong quantitative skills. In most of the stages of your job, you have to encounter situations where your grasp of numbers would be helpful. Specialization in Finance from a top management school teaches you such skills.

Revising financial documentation

Merely going through the financial documents of the company once is not enough. You have to be very sure about what the records reflect. There is a mandatory step, within the regulatory framework, of revising the documents.

Corresponding with higher authorities

You would also have to shoulder the duty of frequently mailing and calling senior officials of your company. You might have to correspond with the government tax department, too. Keeping the seniors informed about the progress of the audit is a major part of the job.

Graphical Analysis

As an auditor, it is your duty to perform a graphical analysis of various movements of financial parameters, related to the growth, stagnancy, or decline of the business. It is almost like a daily routine. You have to enquire further details on this matter with the department heads of the company.

Checking duplicity, redundancy & other anomalies

It is very crucial to minutely check the accounts of the company. On a regular basis, you have to locate duplicity of records. Some of the bookkeeping entries might be redundant, too. Moreover, there could be other technical anomalies in the records. Your task is to point out those.

Preparing reports

It is a frequent task of an auditor to prepare reports on various audit procedures. You have to formally organize the financial findings. The reports essentially contain evidence and explanations related to the findings. You submit the reports to the concerned authorities.

Are you ready to become a tax auditor?

Are you serious about getting involved in tax auditing jobs? Aim to get admission in a well-known management institute, preferably in the Finance-Hub of India, Mumbai. The megacity provides you numerous opportunities to be hired as a tax auditor. Prepare a robust plan for your career.

MBA Vs PGDM – What’s Better for You?

April 26, 2021
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When it comes to choosing a career path for your future, it’s a no-brainer that you can’t just progress ahead with anything that comes first in your mind. Moreover, being a student and having a lack of information about different industry verticals makes the process even more intimidating.

Decisions like choosing a career path and college should be made very carefully because this will be deciding your future in this big world. Students in India always demand a fulfilling career path with a broad scope, and Global MBA is certainly one of the most preferred choices of all time.

However, nowadays, there’s an equivalent course gaining swift popularity lately, known as PGDM. It also appears to be growing as a preferred career choice for students in India. Both of these courses aim to help you learn about leadership and managerial positions, along with their importance.

Although both of these fields have several academic differences, they are ideal for some good placements. In this article, you’ll understand the difference between PGDM and MBA, and determine what’s better for you.

MBA and PGDM – A Brief Introduction

Approved by the University Grants Commission, the Masters in Business Administration is a post-graduation course longing for two years. With over 6,000 universities offering MBA courses, it is a very lucrative career opportunity that often leads to higher salaries.

Generally, the curriculum of this course is changed every five to ten tears, and a lot of well-recognized institutes offer this course in various specializations. Talking about PGDM, it’s also a two-year course for post-graduation, provided by several Business schools in mumbai.

It’s very similar to an MBA degree and offers the ability to do it as a part-time course or distantly. Both state and central universities offer PGDM courses, and its curriculum is similar to that ofMBA. However, PGDM follows a slightly more practical approach towards management training.

MBA or PGDM – Which is Better?

Now when you know about the macroscopic differences between PGDM and MBA, you should consider having a look at the admission requirements to determine which one fits the bill for you. Additionally, you also need to research the reputation desired pgdm colleges in mumbai.

Recruiters always conduct a background check of your university to determine whether you’re an ideal candidate for their company or not. With that said, let’s take a look at factors that may help you decide whether you should proceed in your academic career with MBA or PGDM:

Career Goals

After gaining a postgraduate degree in PGDM, you can choose career opportunities like Project Manager, Data Scientist, Consultant, and so on. On the other hand, the MBA course includes opportunities like Business Analyst and Sales Manager.

Depending on your interests and skills, you need to determine whether you should proceed with PGDM orMBA. Make sure you research the career opportunities and scope of both these courses before making a decision.

Budget

The admission fees for both the courses vary significantly. Therefore, you need to make sure that you keep your financial capabilities and budget in mind before choosing a particular course. This will ensure that your post-graduation doesn’t face any hurdles in between.

College Ranking

As stated above, the reputation of your desired college can greatly impact your placements. Depending on your travel preferences and location, you need to choose a college with a good reputation in the field for better opportunities in the future.

The Takeaway

While MBA covers topics like human resource, finance, business ethics, and so on, PGDM is considered as an equivalent to the former, but with slightly more expenses. Each of these courses allows you to work in management-related roles, depending on the stream that you pursue such as PGDM Marketing.

With the tips and factors stated above, you can easily determine what’s better for you – PGDM or MBA. They both offer a wide range of career opportunities, based on the reputation and rankings of your chosen college in the industry.

Tips to Prepare for PGDM Finance – Ace Your Placements like A Pro

March 24, 2021
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When it comes to a handsome paycheck and a great work-life balance, PGDM finance jobs are the most lavishing opportunities all over the world. However, you need to brush up your skills in a variety of parameters to gain a good placement in PGDM finance.

With that said, the finance sector requires you to have a basic set of skills, including critical thinking capabilities, functional skills, and soft skills. Let’s have a look at each required skill in detail, along with tips to improve it and increase your possibility to clear PGDM Finance:

1.Functional Skills

The standard routine for placements in PGDM occurs during November and December. This ensures that the interested candidates have completed the majority of their marketing curriculum and are well-versed with concepts and theories. This is where the best is separated from the rest.

Consider doing in-depth research about the company and its products from the beginning. Additionally, keep an eye on all the products performing well in the market and determine the reason for failure for other products. You can meet C&F or old dealers of the company for this information.

It’s also wise to start revising old concepts from your books like Marketing Communication, Strategic Marketing, and Consumer Behavior. If you manage to link the traditional concepts with the company’s products, you’ll have a better impression than others.

Moreover, make sure you’re aware of all your distribution and sales concepts because most of the marketing jobs take off with sales. Consider studying the competitor, their prices, policies, and products, and keep yourself updated with the latest trends in the industry.

2.Soft Skills

Soft Skills include small essential abilities such as grooming, preparing your resume, and maintaining top-notch conduct during the campus placements. Talking about the resume, it’s worth noting that it only has a shelf life of 6 mere seconds.

That’s why you need to make sure that your CV doesn’t get included in a pile of trash by making it unique. Try writing shorter sentences with to-the-point facts and highlight important points. Moreover, make sure it’s not more than two pages at any cost.

Furthermore, while the majority of the placement interviews in PGDM Finance begin with the question “Tell me about yourself”, it’s something that’ll decide your fate in this industry. Other common questions include the traditional “Sell me this pen”, so make sure you prepare for it in advance.

You should also take an active part in group discussions on trending topics and make sure you keep a note of time while talking. Lastly, for the sake of your career, don’t have a bad hair day. Take a good haircut and consider getting a face massage if required, but make sure you shine out in the placements.

3.Critical Thinking

During your placement interviews, you’ll be asked a variety of general questions in a series. While you may think they have a straightforward answer, that’s not what the interviewers are willing to hear. Consider treating every question critically and think out of the box for an answer.

Admittedly, it can be a little bit hard at the beginning, but with consistent practice and dedication, you can tackle it easily during your placements. There are a variety of online aptitude tests that allow you to assess your critical thinking capabilities, so make sure you check them out as well.

Reading one newspaper regularly also makes sure that you’re aware of the happenings around the world. Also, you can try checking out blogs based on marketing-related topics in your spare time and develop a unique perception of several topics.

Bottom Line

While it’s certainly not a cakewalk to get selected in PGDM Finance placements, the lavishing salary and moderate work are surely worth the efforts. With the tips stated above, you can make sure you have an edge over your competitors and stand out during the placements.

The skills you prepare for your placements won’t only help you in your professional life, but also make your personal-life highly fledging and fulfilling as well. Therefore, make sure you keep them in mind and reflect on the best version of yourself during the interview to increase your chances of being shortlisted.

Here’s What You Can Expect from Top Management Institutes in Mumbai

March 24, 2021
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Nowadays, marketing professionals are trendy among multinational companies, looking for aspiring talent with management degrees and expertise. With that said, a lot of people are encouraged to gain an MBA in marketing from a renowned university.

Talking about India, Mumbai is considered a hub of prominent management institutes. There are several top-rated management institutes in Mumbai that offer you an MBA marketing course with an excellent ROI. Here’s a list of concepts and areas covered under the syllabus of these institutes:

1.Business Environment and Management

If you’re looking at how environmental parameters affect a business, this is certainly an important aspect of marketing for you. It helps you gain knowledge about industrial policy, consumer acts, economic planning, import-export policy, privatization, and so on.

Management topics are the first thing that you’ll learn in your MBA marketing institute. It emphasizes you to learn about important management ideas, ownerships, and approaches. Moreover, it also makes you capable of planning and directing marketing campaigns.

2. Data Analytics

With the growing technological advancements in artificial intelligence, Data Analytics has been included in the curriculum of marketing MBA. It teaches you to work with a large volume of business data using the latest programming platforms, visualization tools, and algorithms.

3. Sales Management

Sales management has been a crucial part of Marketing MBA and has existed in the curriculum for a long time. It involves concepts of the sales organization with both theoretical and practical knowledge of sales operations. The module also helps you learn the art of salesmanship.

4. Consumer Behavior

The consumer is considered as the center-stage of marketing, and that’s why there’s a complete module about consumer behavior. In this module, you learn about the group and individual determinants of consumer behavior. It also talks about the change in consumer behavior due to environmental impact.

5. Marketing Management

Marketing Management is the most comprehensive and important module of a marketing MBA. A standard business school in Mumbai will teach you about several marketing aspects such as determining a product’s price, understanding its life cycle, and so on, under this module.

6. Digital Marketing

As the world is getting more and more digital every day, there’s a need for digital experts to support modern-day businesses on the internet. That’s why marketing MBA has started keeping digital marketing as a part of their curriculum in which you learn several topics such as SEO, PPC, SMO, and so on.

7. Statistical Analysis

Marketing MBA courses also allow you to here’s What You Can Expect from Top Management Institutes in Mumbaiarn about statistical concepts and their applications in solving real-world marketing problems. It also covers concepts based on operational research and encourages you to apply them in industrial projects.

The Takeaway

If you want to make a fulfilling career in the business world, a marketing MBA course is certainly a perfect match for you. There are numerous business institutes in Mumbai that offer complete courses with the entire curriculum. Therefore, make sure you begin your preparation right away and begin your path to a successful future quickly.

Reasons Why You Should Study MBA in India

January 3, 2020
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The one thing that legends like Google’s CEO, Sundar Pichai, Michael Bloomberg, and former Hewlett Packard Enterprise CEO Meg Whiteman all have in common is an MBA degree. In today’s day and age, everyone wants to get an MBA, right from fresh graduates to professionals working in the industry for a couple of years.

An MBA might come as a single piece of diploma; however, the degree itself packs a lot of punch. Getting an MBA means no matter where you plan to build your career, and regardless of the location or industry, you’ll increase your credibility.

If you’re still on the fence about taking the leap and committing your time and finances to an MBA program, here are five truly compelling reasons to give it serious consideration.

Why You Should Pursue an MBA Degree

1. Improve Leadership Skills

MBA programs are considered to be the training grounds for the world’s future business leaders. While pursuing your MBA, you will get the opportunity to harness your hard and soft skills to become the ultimate team player and their potential leader. Through the program, you will not only get exposure to subjects like economics and marketing but also team-building skills like problem-solving, teamwork, and demonstrating integrity, bringing out the best in you.

2. Get Access to a Large Business Network

Through an MBA course, you will get the chance to meet multiple like-minded people. You will be able to be part of a network, including the alumni who have experience in the field. Hence, by being surrounded by ambitious professionals means you will not only be motivated to do your best, but you could also meet your potential business partner.

3. Secure Your Dream Job

Employers are always on the lookout for top talent and generally turn to MBA colleges to find young, energetic individuals who are motivated and driven. So, by enrolling for an MBA course, you might be able to secure your dream job while pursuing your higher education!

Now that you know why the next question you need to answer is ‘where’? Many Indians are confused about whether they should pursue their MBA in India or abroad. However, it’s important to note; many foreigners are opting to come to India to pursue their higher education. India has a high number of top-class institutions and many examples of individuals who have gained success after achieving an MBA degree from an Indian institute. Here are a few reasons why India has the best MBA courses to offer.

Reasons To Pursue an MBA Degree in India

1. Top-Class Institutes

Considering the popularity and demand for MBA in India, the institutes here are designed to provide the best experience to students. The colleges offer only excellent infrastructure for the overall development and world-class faculty who have professional experience and an understanding of how the industry works.

2. Cost-Effective

As compared to pursuing the degree is other countries, India is considerably more cost-effective. Not only the course fees, but peripheral costs like accommodation, food, and transportation is also low. Moreover, if you’re a deserving student, you can apply for a scholarship that can reduce the entire cost by half!

3. Better Industry Exposure

India is a vast and diverse country, which makes the country a great market and provides an excellent scope for learning. Moreover, Indian universities strive to incorporate the Indian market scenario with other global prospects. For example, these colleges will invite renowned personalities from India and other countries to give lectures and conduct workshops.

4. Quality Education

Education is one of the most critical sectors in India. Hence, the quality of education in the country is exceptionally high, striving to create experts in every field. The professors that teach in Indian universities have top credentials, good exposure, and are considered to be industry experts. Hence, if you’re looking for quality education while pursuing your MBA, you should consider a reputable institute in India.

5. Security & Rapid Growth

India is developing quickly as its market is proliferating and creating many opportunities for individuals in terms of learning and working. You can also opt to undergo an internship while pursuing your MBA here as more and more companies are on the lookout for young talent. By doing this, you can say updated with the latest trends, while gaining practical knowledge in the industry. Due to the tremendous growth in the Indian market, no job scarcity giving you a sense of job security.

In conclusion, by pursuing an MBA in India, you can go easy on your pocket and not miss out on world-class education. That being said, before choosing a university, research about the various colleges in Indian and go through the ranking. You can even talk to the alumni and know about their experience. You can consider factors like education, cost, and job opportunities while choosing the best MBA college in India.

How MBA help in Career of a Working Professional?

May 9, 2019
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A Master of Business Administration (MBA) is an advanced qualification for anyone wanting to build on their professional opportunities and grow their career. Its specialized pathway helps students to develop skills in key business-related areas such as people management, project delivery, and reporting. An MBA also teaches valuable networking and communication skills, enabling students to develop personal and professional networks.

Thinking of applying for an MBA to enhance your career? Here are four ways it could help you get ahead:

Increased Salary Prospects

An MBA is an internationally-recognized qualification, viewed by employers as an objective way to determine a prospective employee’s market value. In just a few words, an MBA certification on your CV communicates to employers that you have both business skills and experience and therefore that you would be a safe investment for their company. Overall, because MBA holders are a prized commodity for a company, they are often rewarded with a higher salary band.

It’s a cliché, but you have to speculate to accumulate. And while the fees for MBAs may be daunting, they are actually a great investment in your future. A 2013 survey of 4,000 MBA graduates claimed that, on average, respondents had recouped one-third of the cost of their studies within a year of graduation and the degree had paid for itself in four years.

An MBA doesn’t just affect your starting salary either; your long-term salary is also likely to be consistently higher. Research by the London School of Economics and Surrey University showed that those with a higher degree earned more on average, equating to a career-long “postgraduate premium”.

Improved Employability

In today’s economy, companies just don’t have the finances to gamble on a potential employee who might be a bad fit for their company or might require additional training on the job. One way to get ahead of the pack and reassure employers you’re the right choice is to have an MBA qualification on your CV.

An MBA is written proof to hirers that this applicant already has the latest business skills, knows how to apply them to real-life situations, and therefore will require minimal training and development. An MBA graduate is able to ‘hit the ground running’, and start benefiting their new company much sooner than others.

Graduates from MBA courses also have extremely varied career options available to them. Although specialist Masters level programmes may be appropriate for professionals seeking a niche career in a particular field, an MBA can open the door to a huge variety of roles. These career destinations for graduates include executive and senior management roles in business finance, corporate strategy, internal auditing, management consultancy, marketing and sales management, product management, research & development, supply chain management and many more.

Acquisition of Transferable Workplace Skills

MBA graduates possess a great many transferable workplace skills, which are highly-valued by employers around the globe. These skills include, but are not limited to, project management, interpretation of data, project delivery, reporting, persuasion, presentation, time-management, problem-solving, analysis and communication.

No matter where an MBA graduate finds a position, these skills are applicable in almost every industry, in every office or environment, anywhere in the world. Employers seek out candidates with these skills, as they know that they will ensure a smooth transition into a new workplace.

And for graduates already working within a business, these skills are also greatly appreciated by colleagues and co-workers. An MBA graduate is a strong team member, able to work on or lead a variety of tasks for almost any company. An MBA is a great way to boost your career if you’re feeling limited or stuck within your company as internal promotions are often more likely with an additional qualification on your CV.

A survey by the Open University found that employers are much keener on staff who go in for extra education to get more work-related qualifications, with nearly half saying this would make them more likely to offer a pay rise or promotion.

Development of leadership skills

MBA graduates are great team members and colleagues, but it requires extra knowledge and specific abilities to take on more responsibility and progress to leading a team. This is the sort of role an MBA course prepares its students for, with both traditional and innovative leadership skills being taught to very high levels.

Throughout an MBA, students focus on developing specific managerial skills such as leadership in practice and leadership, management and development. They learn how to resolve team conflicts, devise company strategies and manage human resources. MBA graduates do not just learn abstract theories and concepts though; they also learn how to apply these skills to real-life business situations.

Strong leadership qualities are recognized as crucial for directors and senior managers in modern business environments and an MBA gives its graduates yet another advantage over other candidates.

As with other MBA benefits, leadership skills do not just assist people looking for a new job; they also help those looking for an internal promotion or just greater responsibility within an existing team or organisation.

So, in summary, an MBA is great preparation for anyone wanting to grow their career. It gives graduates the necessary skills and experience to become a business leader in almost any market area.

Interested in studying for an MBA? What are you waiting for? Places are still available at one of the most reputed MMS colleges in Mumbai.

Also Read:

Top Reasons to get an MBA Degree

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

April 30, 2019
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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?

April 16, 2019
| adminblog
| MBA Advice
| No Comments

Each time a company hires new talent, they look for a mix of different skills and experiences. However, it’s no longer enough to just be a functional expert. To complement core competencies, there are a great number of soft skills that employers seek, many of which can be gained through an MBA degree.

Skills that Enhance Your Career Growth

1. Leadership

Leadership skills are no longer limited to those who are part of the c-suite or a board member. Due to the changing structure of today’s organisations where it’s more fluid and less hierarchical, practical leadership skills are essential to create impact, motivate team members and drive results.

Completing an MBA will undoubtedly equip you with the right leadership qualities to allow you to achieve those outcomes.

2. People Management

Wise leaders know they need a strong team and the only way to be able to manage those people is to excel in people management.

Part of having strong people management skills is knowing how to motivate, train, inspire and drive opportunities. These are some of the key competencies that you can learn by undertaking an MBA.

3. Change Management

When a change occurs, it never happens in isolation. It’s important to consider that it can impact an entire organisation and all the people involved. When trying to manage change successfully, it is critical to know what needs to be done.

An MBA will teach you how to reduce any potential stress or anxiety the change can have on people to ensure the transition occurs as smoothly and thoroughly as possible.

4. Communication

We all need to communicate ideas in the workplace. Excellent communication skills can be gained through an MBA, as you will learn how to provide clarity, eliminate confusion, and ensure people are being heard and respected. You will also be taught how to empower people with any tasks that may be at hand, including developing and maintaining successful relationships both inside and outside of the workplace.

5. Problem-Solving

Finding a solution to an issue or challenges faced by your team or company is at the heart of having excellent problem-solving skills. However, to manage that, you need to be able to recognise there is a problem, which an MBA can teach you. You will learn how to develop the appropriate strategies to overcome obstacles by collecting data, assessing it, and monitoring it.

6. Time Management

Excellent time management means you can accomplish more in a shorter period and therefore increase productivity levels. During your MBA studies, you will learn when and how to prioritise, as well as when to intervene or ask for help during a project to execute deliverables on time.

7. Collaboration

The saying goes two heads are better than one. This rings true in the work environment where studies have previously shown that collaboration can drive workplace performance. Collaboration involves individuals from within the immediate team, across departments and other external stakeholders to come together to share different ideas to achieve the best outcome.

An MBA will focus on the interpersonal skills that you require to help facilitate those conversations and develop top team performance.

8. Adaptability

With everything changing so quickly in today’s fast-paced work environment, it’s important to be ready to adapt to any circumstances on a daily basis. An MBA will teach you how to view change not as an obstacle, but rather as an opportunity.

While these are just samples of some of the skills that you can gain from an MBA, they should serve as a reminder about how studying for it will help you build competencies that will be useful for your entire career and will ideally enable you to rise through the ranks of your organisation.

Here’s your chance to get admitted at one of the top business schools in Mumbai, by applying here.

Also Read:

7 Things Nobody Told You About MBA

How To Network On Your MBA With Ease

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Why You Should Pursue an MBA Degree

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Reasons To Pursue an MBA Degree in India

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3. Better Industry Exposure

4. Quality Education

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Acquisition of Transferable Workplace Skills

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Skills that Enhance Your Career Growth

1. Leadership

2. People Management

3. Change Management

4. Communication

5. Problem-Solving

6. Time Management

7. Collaboration

8. Adaptability

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