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How to do MBA Course during COVID 19?

Every one of us is aware of the fact the all countries across the globe are fighting tooth-and-nail against the deadly corona virus. The virus has disrupted daily life and affected the economy. But one needs to reap hope and work on it from such difficult times. N. L. Dalmia Institute of Management Studies and Research is the perfect platform that guides you to exploit such opportunities to your advantage in building an illustrious career.

Well-designed MBA courses
Regarded as one of the top MBA colleges in India, we are concerned about your career equally, like yourself and your parents, and have courses that are designed to take you out of this peril.
The economy will expand after lockdown

Management degrees and MBA courses have always been fruitful for thousands of young students. Job opportunities are plentiful for MBA graduates. Once the lockdown ends, and again the economy starts booming, with government stimulus, we foresee an increasing demand in the market for fresh and experienced MBA graduates.

Online application process
You would be glad to know that we have made reliable arrangements that make you go through the complete MBA application process online. It means the evaluation of your education and work certificates will also be conducted online. From filling of forms, upload of crucial documents to person interviews and admission discussions, all aspects are securely managed by us online.

We offer a 360 degree virtual tour
You might be wondering how you would know about the infrastructure, administrative facilities, and other set-ups of our campus during COVID 19 lockdown. We claim to be a top b school in Mumbai and have smartly adapted to the situation keeping in mind the interests of future MBA students. When you visit our official website, you would be taken to a 360-degree virtual tour that would provide you a detailed overview of our detailed campus. You would be glad to know that even before Corona was the buzzword and created a ruckus, we already had standardized sanitizers placed on our campus at strategic locations.

Precautions we have taken
For time being, we have stopped any kind of biometric attendance for our students, faculty, and administrative staff at the campus. Moreover, we have responsibly arranged for an infrared thermometer that is utilized to monitor the conditions of all people entering the campus, irrespective of their profiles. We care about our employees and dear students and will continue to do so until further instructions from the government and education department. Even after when our campus will reopen, we highly recommend everybody to refrain from shaking hands, instead greeted with a simple, traditional Namaste.

Our course offerings for you
Finance, marketing, and HR – we offer world-class MBA degrees in three broad fields. Our faculty teams are comprised of coveted professors, award-winning researchers, and academic stalwarts with several years of experience. Doing PGDM Marketing or PGDM Finance will particularly benefit you we are predicting with our industry partners a considerable boom in the job market that would require skillful management graduates with sound expertise in marketing and/or finance.

Online classes by experienced professors
As an admired, Good MBA college in Mumbai, we have nicely curated and developed provisions that will not hamper your plans for studying and earning a valuable management degree. All our classes, with detailed modules, are now online. The professors will be taking classes on the internet using sophisticated platforms. We provide you the technical and administrative support for all categories on online classes, video-conferences similar collaborations. Also, you will receive the soft copies of your study materials. Face to face meetings is avoided by all means in lockdown.

We also offer an international MBA degree
Are you interested to receive an international degree in management? You would be really amazed to know that our institute has a wonderful provision that allows you to get a respected Global MBA degree in partnership with the University of Wisconsin, USA. Our Global MBA Program has excellent outreach that will open broader opportunities for you in building an international career. In this case, too, the classes will be conducted online, along with evaluation procedures.

Build your career with us
We, offering a top-rated MBA course in Mumbai, are focused to eradicate all worries regarding your future. Stay ahead of others during COVID 19 by earning an MBA degree, equipping for the future job market. We expect you in the future to lead from the front holding a responsible position in a multinational company or start-up, shaping your vision.

 

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MMS, PGDM, MBA: Differences and Similarities

Business aspirants have a lot of work to do, considering the demand for skillset and high levels of competition. However, one thing that works in their favor is the number of education options they can choose from. The students are bombarded with so many options of business degrees that it’s quite easy for them to get confused and question, “What should I do next?”

If you, too, are facing a similar dilemma, we’re here to help. In this article, we will discuss three of the most popular business education options – MMS, PGDM, and MBA.

Master in Management Studies (MMS)

If you’re considering pursuing an MMS degree, you can expect to get a detailed understanding of various business specializations, like marketing and finance. MMS is a two-year management degree offered by the Mumbai University. While the eligibility to get a seat in this program differs based on the State’s required assessments, you will most likely have to pass a standard entrance test, which consists of aptitude, group discussions, writing ability, and interviews rounds.

Most students opt for MMS degrees as no work experience is required, and students can complete this course directly after college. Moreover, MMS is also less competitive and cost-effective as compared to MBA and other courses.

Master of Business Administration (MBA)

MBA is the most popular degree you can achieve to get entry into the business field. This degree lays the foundation for primary business education and provides intellectual growth through practical training. It’s a two-year degree course, and the curriculum focuses on technical and theoretical business practices.

In India, MBA degrees are exclusive to universities due to education regulations in the country. However, institutes who have an affiliation with universities can grant the degree as well. An MBA degree is more expensive than an MMS degree. However, it costs lesser than PGDM.

To pursue an MBA, you need to complete your undergraduate studies from a recognized university from the Association of Indian Universities (AIU). Most universities require a score of at least 50% in their undergraduate degree. Moreover, a standard aptitude test and entrance test is mandatory. Reputed universities also consider your scores of CAT, CMAT, GMAT, MAT, XAT, ATMA, etc.before giving you a seat. Finally, you will be tested in group exercises, interviews, wiring ability, and previous academic performance, before securing a seat.

Post Graduate Diploma in Management (PGDM)

A PGDM is an advanced course, compared to MMS and MBA. As the name suggests, PGDM is not a degree and a diploma. That being said, pursuing a PGDM can be extremely useful due to the concepts taught in their courses. In some companies, individuals with a PGDM qualification are preferred.

As mentioned previously, degrees need to come from universities or from institutions affiliated to universities. However, as PGDM is a diploma, a lot of autonomous institutes voluntarily choose to stay away from university affiliations while granting a PGDM. The main reason for this is that under the university system, the curriculum is somewhat rigid, and constant updates and keeping up with the industry trends is not possible. Hence, institutes get recognition from the All Indian Council for Technical Education (AICTE) to grant PGDM qualifications. Moreover, by getting accreditation from the Association of Indian Universities (AIU), the PGDM qualification becomes equivalent to an MBA. Hence, PGDM holders are still eligible to pursue a Ph.D. degree in India.

The PGDM program usually lasts for two years, as one year PGDM programs are not equivalent to MBA degrees. During the span of these two years, students receive information about necessary business foundations and practical training to keep up with the ever-changing industry demands. Similar to MBA degrees, most institutes will accept students who have an undergraduate degree with a minimum score. Candidates will also have to pass a primary entrance and aptitude test along with group exercise, personal interviews, and written ability tests. It is also important to note that a PGDM qualification is very well recognized within the Indian and international job markets.

In the end, what degree you want to pursue next entirely depends on what you want to accomplish in your career. The industry you want to work in plays a crucial role in making this decision as well. Regardless of the qualification, you decide to pursue it’s essential to conduct proper research on your chosen programs and the subjects various B-schools offer. If you’re still on the fence, feel free to contact us at N.L. Dalmia, wherein we can help you take the next step to advance in your career!

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Reasons Why You Should Study MBA in India

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.

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How to Improve MBA Profile for Top Business School Admissions?

The inquiry springs up on different gatherings as often as possible and there are two classes of folks who need to know about it. The primary set is a couple of months from application due dates and have as of late understood that their rivals look and sound way better on paper over they do. We aren’t discussing this class in this post. For the present we center around the other classification – the individuals who have begun their GMAT MBA prep early and need to delve into every possibility to guarantee that their profiles fit into the ‘perfect MBA’ candidate system.

There is a lot of qualities that most Adcoms would discover intriguing in Indian competitors. Here are a few pointers to enable you to stand out:

Business Understanding:

You need not be Bill Gates, however, you do need an essential comprehension of how organizations work. You pre-MBA performance is a decent method to feature that. On the off chance that you’ve had a solid expert foundation, you’ve been exceptional than your friends and you’ve carried a greater number of obligations over and above the expected set of responsibilities – then you are doing great.

Mind:

This is the crude mental intellectual prowess that drives most activities in your personal or professional lives. What’s more, on the off chance that you aren’t discovered failing in the assigned division it would be generally alright for managers and Adcoms to accept that your endeavors would be the correct way and that would profit the associations and organizations that you are related with. Your scholarly evaluations, your GMAT score and the way that you are genuinely dedicated to sharpening your business aptitudes and system, would also act as great signs.

Communication Abilities:

Ultimately everything comes down to your capacity to absorb every single accessible datum, structure your musings in your brain before your vocal cords uncover your splendid personality to the enthusiastic world waiting for you out there. For B-school applications, they will utilize your papers and your interview to pass judgment on this.

Innovativeness:

This is a territory where even the best business college won’t most likely be able to assist you. Be that as it may, it’s that 1% motivation that you must muster without anyone else’s input so it helps you facilitate the rest of the 3 resources. For the remaining 99%, it descends to your capacity to design, plan, convey and execute the arrangement. Utilize your additional curricular experiences to show angles where you’ve been inventive, taken initiative, and whatever else that makes you an intriguing competitor that your schoolmates would love to spend time with after your MBA classes are finished.

 

On the off chance that you have time staring you in the face to shape your profile, have a go at these 4 territories and see where you are in need some work.

 

Also Read:

Top tips to prepare for MBA/PGDM GD & PI

MBA Admissions Question Types and How to Tackle Them?

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Part-Time Vs. Full-Time MBA: Which One To Choose?

Since the MBA degree started in 1900s, it has brought forth numerous variations. These generally include minor changes segregated through specialisations or course length, however the most critical – the official MBA (EMBA) – is a uniquely extraordinary course to the customary MBA. It pays, in this way, to ponder whether an MBA or EMBA is the best choice for your needs and objectives.

Numerous business colleges offer a decision between the two courses, so you have to choose before you apply. NL Dalmia, for instance, offers a Global Executive MBA, as well as standard executive MBA courses in close by customary full-time and part-time MBA programs.

Things being what they are, how would you choose which course you ought to apply for? How about we investigate a portion of the key contrasts and contemplations, so as to enable you to settle on an educated decision.

 

Full-time MBA

On the off chance that you enter an MBA program as a full-time understudy, you won’t get a lot of money flow for a few years as you won’t almost certainly hold an all-day work profile while enlisted. In this way, these projects are most well known with more youthful understudies who have as of late gotten their four-year certification. Full-time MBA projects are organized for 23 to 30-year-olds who can bear to leave the workforce for some time. There is additionally the desire that understudies will live on or close to the campus and regularly attend classes. The workload at hand in a full-time MBA program is more demanding and the class plan more tedious than in a part-time program.

Full-time understudies represent more than 90 percent of all MBA grants and fellowships, so those looking for money related guidance or diminished educational costs will benefit in a full-time enrolment. Also, an institutes business college reputation relies upon its positioning as a full-time MBA program, so greater investment and selectivity are centered around full-time programs.

 

Part-Time MBA

Essentially, there are two kinds of part-time MBA programs. The official MBA (EMBA) is intended for understudies with long durations of work experience in executive roles or positions of authority – regularly, these understudies are somewhere in the range of 32 and 42-years of age. EMBA projects center around systems administration, and there is commonly little association among EMBA and other MBA understudies. These programs are usually smaller than full-time projects and carry a heftier sticker cost, as bosses are relied upon to chip in a part of the majority of the understudy’s educational bill cost.

The other choice is the part-time MBA, which is better fitted for representatives who work all day and don’t yet hold administrative positions. These understudies will, in general, be 24 to 35-years of age and take classes after work, either at night or the end of the week. Part-timers more often than not have similar teaching personnel and can take a considerable lot of indistinguishable courses like their full-time MBA partners. Be that as it may, only a couple of grants are given to part-time understudies, so they should depend on personal reserve funds, loans, and additionally business sponsorship to pay for educational costs.

Part-time MBA projects are frequently observed as less aggressive than full-time programs and can take longer than a few years to finish. The principle challenge for part-timers is adjusting work and school, commonly to the detriment of social or family time. Business colleges situated in enormous urban cities with financial hubs will in general draw in part-time MBA applicants all the more easily, as a school will most likely be close to work.

 

The Bottom Line

Getting an MBA can enable you to propel your vocation and procure advancements or increases in salary because of the level of accomplishment and information such a degree gives. Choosing a full-time or part-time MBA program involves gauging the expenses and advantages every choice brings to the table. Full-time MBAs are perfect for new alumni who can bear to postpone working, yet they can hope to land better paying and higher positioning occupations than those without an MBA. Working people who are anxious to improve their current professional positions may pick a part-time MBA program so as to stay employed while studying. For those in managerial or leadership roles, the executive MBA at N.L. Dalmia might be a more suitable part-time option.

 

Also Read:

How MBA Helps You in Developing Your Skills?

Top 8 Tips for a Successful Career after MBA

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

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How MBA help in Career of a Working Professional?

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)

Read MORE>

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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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

Read MORE>

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.

 

Also Read:

The Bloomberg Finance Lab Launched at N L Dalmia Campus Mumbai

Top 8 Tips for a Successful Career after MBA

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