How emerging technology is boosting access to education in India In the last few years, we have witnessed a paradigm shift towards EdTech, and this trend is expected to further strengthen in the days to come. Digital interventions have broken one of the biggest barriers in the education sector- lack of accessibility. With rapid digitalization and over 5000 EdTech startups across the learning lifecycle, online education is taking center stage in India and worldwide. The roadblocks There are disparities in education between schools in urban areas and rural areas in India. This disparity widened during the Covid19 pandemic, when schools and educational institutes were forced to shut down. The National Achievement Survey of 2021 found that nearly half of primary school students have learning levels lower than appropriate for their grades. This issue also intensified during the pandemic. According to a 2021 World Economic Forum Paper, at least 24 million children, predominantly girls, may never return to school. Filling these gaps in education is the need of the hour in order to promote sustainable learning environments for all. Digital interventions The most prevailing issue here is the lack of accessibility to education for all. Digital learning can help narrow down the disparities in the education system and ensure education for all. Technology has proved its power across sectors, and education is no exception. Artificial intelligence There are multiple ways in which AI technology is a big boon to the EdTech industry. It helps teachers and professors tailor learning material, make learning more engaging and allows students to give feedback virtually. With AI, universities in collaboration with EdTech firms are providing personalized learning experiences, which can track students’ performances and activities in real time. Augment & Virtual Reality AR and VR technologies are making learning interactive and engaging, giving a classroom-like experience in the virtual world. The technology works by layering digital content onto a graphical representation. AR could turn an ordinary textbook into an engaging 3D experience. AI, AR and VR are a part of cutting-edge technology and innovation in the EdTech sector that help in ensuring education for all. Greater accessibility With the existing challenges of delivering inclusive learning to all, it is important to find ways to make education more accessible. This has been possible with the intervention of technology. The power of technology was witnessed during the pandemic, when online learning was the only go-to option. While the pandemic highlighted digital divide, technology infrastructures are bridging this gap across geographies and communities. Uplifting marginalized communities Integrating technology into school-level and higher education curricula is massively contributing to improving accessibility among marginalized communities across geographic locations. Technology is helping the education of children who cannot attend schools, that too from the comfort of their homes. Technology helps in educating girls, who drop out of schools in large numbers every day, due to societal norms and restrictions. Educating differently abled students One of the key benefits of technology is that it has improved accessibility to differently abled students. They can overcome the physical barrier of travelling to school or university. They can study in a comfortable environment and not drop out of school due to unavoidable circumstances. A recent report stated that a significant number of children with special needs dropped out of schools in Karnataka during the Covid19 pandemic. While the government has not conducted a survey to extract data on school dropouts by differently abled children, there is evidence. Technology can help improve access and the quality of education. For differently abled students, multimedia elements like audio, video and 3D models can be used to deliver content as it helps them grasp complex concepts. While technology is already helping improve access to education, there is a need to step up efforts to fully optimize its benefits. The government, EdTech firms and other world bodies are constantly working towards bringing technologically driven transformations in the education sector. Education 4.0 India initiative To put an end to the disparities in education in India, the World Economic Forum and the United Nations Children’s Fund (UNICEF) have joined hands to create the Education 4.0 India initiative. Meanwhile, UNICEF along with YuWaah (General Unlimited India) has been expanding educational opportunities for youth. The Education 4.0 India initiative aims to boost the efforts of the Indian government in bringing technological solutions to transform the education system. 40 partners from the education technology, government, academic and startup communities are jointly taking this initiative forward to build a robust strategy that is cost-effective and sustainable. The KINDLE initiative The Knowledge and Infromation Network for Digital Learning and Education (KINDLE) is another initiative focused on utilizing digital technologies to make education accessible to all. A joint effort by UNICEF and YuWaah, this initiative is driven by the aspirations of the National Education Policy (2020) and the National Digital Architecture of 2021. Led by path breaking EdTech firms, startups, leading educationalists and government and private sector, the initiative hopes to improve digital learning and make it sustainable. Firstly, these initiatives aim to fill the major gap identified in foundational literacy and numeracy. Secondly, the focus is on teacher professional development, to upskill and train teachers for better content delivery. The next priority area is school-to-work transition, where tech-enabled curricula will help students prepare for the highly competitive job market. These combined efforts are sure to improve access to education, quality of content delivery, and pave the way for a transformational education system in India.
Business lessons you can learn from the FIFA World Cup The FIFA World Cup tournament is an exciting affair for sports enthusiasts worldover. One of the largest sporting events, FIFA draws the attention of people from the nooks and corners of the globe and even from outer space i.e., the International Space Station. The ongoing 2022 Qatar World Cup has already made history with surprising wins and losses. The victory of Saudi Arabia over the title favorite Argentina in their first group match startled the football fans- the entire Saudi nation celebrated the surprising victory with a bash by declaring a public holiday! The legendary footballer Lionel Messi-led Argentina landed in Qatar with a record of 32 unbeatable matches in the Copa America tournament, World Cup qualifying matches, and international friendly matches. The jolt from Saudi gave new energy to the team in the next group matches to emerge as group champions and beat opponents in their later knock-out matches to reach the final. There are some significant business and management lessons one can learn from the FIFA World Cup. Business & management lessons from World Cup From organizing a global event to team management and performance, every business and management student and professional has a lot of learning opportunities from the football carnival. Learning from failures Argentina’s loss to a comparatively small team in their first match in Qatar energized the team to beat stronger teams in their latter matches. It is a big lesson for every organization and entrepreneur. There is no failure but learning. Every loss exposes your strength and weakness; it re-energizes your confidence to succeed in your subsequent efforts. Importance of teamwork England football team is a great example. Till the 2014 world cup, the team was focused on a few star-studded players. All strategies were developed around these players, but they were always unsuccessful. In 2018, coach Gareth Southgate changed the approach. He picked a bunch of young players for the 2018 and 2022 world cup, which seems to have been successful for England. Likewise, no successful business is a one-man show but a teamwork of a group of people at different levels. A synergy among members is significant for sustainable growth and achieving goals. Role of leadership: The coach and leading players are crucial to the team’s success. Their motivation inspires the entire team to play well and get positive results. This applies to every business enterprise. The CXOs and leadership must come forward to boost the morale of employees under them to achieve goals and create, retain and shape the expectations of other stakeholders like shareholders, partners, and customers. The motivation must be sustained and consistent with positive feedback and a realistic approach. Evolving strategy: Spain has been unsuccessful since their 2006 victory. The Spanish team was knocked out of the Qatar World Cup in the pre-quarter match with neighbor Morocco. Even in the group round, they lost to Japan after scoring the first goal. Adamant to the short pass tactic of the team is considered their failure. The team’s success depends on how quickly they can refine their strategy based on the opponent’s tactics. A dynamic business strategy is imperative for every organization to sustain amid challenges, especially in this VUCA world. It would be best if you refine your strategy depending on the situation. This will help you remain significant in all conditions. Review individual & team performance: Football teams constantly review the performance of individual players and analyze their contribution to the team. The potential of the individual may not reflect the team’s performance. In such a scenario, the management must find the problems and fix the shortcomings. It applies to teams in organizations too. The underperforming teams need special attention from the top management to revive their performance. The beauty of diversity: The FIFA World Cup is also the celebration of diversity. Each team is different from the others, and every team has individuals from diverse backgrounds. For example, the 2018 champion France had players of white, black, Christian, Muslim, and Arab origins, most of whom were migrants or descendants of migrants. Despite all these diversities, they played as a single unit and won the cup. There will be diversity in every organization – everyone will have diverse experiences, needs, perspectives, and skills. Giving a sense of unity is pivotal for business growth and success. Celebrate your achievements: In football, players, team staff, and fans celebrate each of their team’s goals. Even the losing team celebrates their late goals. This is a great lesson for everyone – we should not wait for the ultimate success to celebrate. Achieving each goal is essential for the ultimate victory, so you should celebrate every success despite its size and scale. Focus on training: Years of intensive training molds each player to find a position in their national team. Even though the match lasts 90 minutes, individual players and teams spend long hours in practicing and training. This helps them level up their performance in competitions. Individual-level training is essential for both employees and organizations. Professional training institutions in different domains offer cutting-edge training for employees. Either individuals or organizations can partner with these institutions. Become skill rich with online MBA program. Apart from entertainment, the FIFA World Cup offers various lessons to management and business professionals, students, and organizations. Implementing these points will enable you to achieve your goals in a systematic way. Enjoy the game!
FIFA World Cup: Interesting facts about sponsorship over the years The FIFA World Cup is a sports carnival that happens once in four years. Given the popularity and viewership, it is the largest sporting event in the world. The run-up to the football world cup starts just after the conclusion of the previous tournament. All these international matches, including the world cup, are played under the supervision of FIFA, the international football governing body, of which 211 national associations are members. Since 1930 in Uruguay, 17 countries have hosted the football world cup so far. Qatar is the host nation of the 2022 world cup, the first country in the Arab World, and the third country in Asia after Japan and South Korea jointly hosted in 2002. A total of 32 countries qualified for the World Cup after continent-wise elimination matches. The World Cup is one of the most significant international marketing platforms for companies across the globe. In a short span of time, brands can reach out to people spread over 200-plus countries. As a result, many brands are affiliating with FIFA to sponsor the event or specific teams. Industry insiders from prominent sports marketing agency wings stressed in interviews with BestMediaInfo.com that businesses with sponsorship rights are likely to experience 1.5x to 2.5x brand awareness and top-of-mind recall compared to a typical sponsorship category campaign. Interesting facts on FIFA World Cup sponsorship We have collated some exciting facts about the FIFA World Cup sponsorship. Coca-Cola is the longest-standing sponsor of FIFA World Cup Football. Though the official partnership started in 1974, the beverage giant has had stadium advertising since 1950. Adidas has been supplying match football for the world cup since 1970 The EdTech pioneer Byju’s is the first Indian brand in the FIFA World Cup Football sponsorship fray in 2022. It is one of the Official Sponsors of the sporting event in Qatar. Dairy product giant Amul is the second Indian company to be associated with the FIFA World Cup as an official sponsor of the Argentina and Portugal football teams. They’re aim is to leverage the popularity of legendary Lionel Messi of Argentina and Portugal’s Cristiano Ronaldo. In the Qatar World Cup, ten Indian brands are ‘presented by’ partners on Viacom18’s Sports18 and Jio Cinema- Mahindra, Visa, CakeZone, Black & White, AM/NS India, ET Money, Amul, intel, SBI, and Spartan Poker. Budweiser has been a World Cup sponsor since the 1986 World Cup in Mexico. But they faced a setback when Qatar banned alcohol in stadiums two days before the tournament’s commencement. Following the banning decision, the American beer company announced that they would give the unsold beers to the title winners! In 2022, FIFA added three new brands to the Official Sponsors list – Byju’s, QatarEnergy, and Crypto.com. Adidas, Coca-Cola, Wanda, Hyundai / Kia, Qatar Airways, Visa, and Qatar Energy are FIFA World Cup 2022 partners. Byju’s, Budweiser, Hisense, McDonald’s, and Vivo are the official sponsors of the 2022 World Cup. The agreement between FIFA and Qatar Airways is the largest in the airline’s history. Learn more about branding and marketing with our online MBA in marketing. Branding on jersey and kit Sponsoring teams and their kits, including jerseys, are seen as another effective branding strategy for companies in the world cup. Usually, leading sports brands collaborate with national football associations to sponsor the kits. Due to strict FIFA restrictions, branding is minimal on jerseys and shorts. Commonly, brand logos can be seen on the shorts’ right chest and left leg, though some differences exist. Till 1974, no brand display was allowed on the team jersey in the World Cup. In 1978, Argentina displayed an Adidas brand logo on its jersey prominently. Adidas has been the jersey sponsor for 134 teams since the 1974 World Cup. Nike is the second brand with 63 national teams, and Umbro sponsored 22 teams till 2014. Umbro was the sponsor of champion England in 1966, and Erima sponsored Germany in 1974, who emerged victorious in the tournament. In 1986, when the legend Diego Maradona kissed the world cup, he donned the jersey with the Gallic rooster of Le Coq Sportif. 1990 champion Germany was sponsored by Adidas, and four years later, the Umbro logo enjoyed prominence when Brazil lifted the trophy in 1994. Adidas’ iconic three strips were sported on the France jersey when Zidan magic beat defending champion in 1998. 2002 was the first time a Nike-kitted team won the World Cup. Ronaldo Rozario-led strikers beat celebrated goalkeeper Oliver Kahn’s German in 2002 in Tokyo, in the first world cup on Asian soil. Puma was the kit sponsor of Italy in 2006, and Adidas sponsored Spain in 2010 when the Iberian team lifted their first trophy. After the Adidas-sponsored German team won the world cup in 2014, the football-related sales of the Adidas brand crossed 2 billion euros. Adidas posted a 6% loss during the 2018 Russia World Cup, whereas Nike gained 4% growth. The Nike logo in the Qatar World Cup can be seen on the jerseys of 13 teams, including Brazil, England, Portugal, and France. Seven teams are associated with Adidas, and six with Puma. It may be interested to read this blog on the financial aspects of ICC World Cup Cricket. Conclusion According to a Nielsen analysis of 100 sponsorships between 2020 and 2021 in seven regions and 20 industries, the sponsorships led to an increase of 10% on average in the exposed fanbase’s purchasing intent. Therefore, World Cup sponsorship is advantageous for companies to reach a global audience and brand building.
What is the best MBA specialization for BCA graduates? India has witnessed rapid growth in the number of start-ups and entrepreneurship over the past decade. The country has established itself as the 3rd largest start-up ecosystem globally, with a 12-15% year-on-year growth. It has increased the demand for skilled professionals to help these start-ups get started in their journey and become successful. The reasons that have contributed to the growing popularity of start-ups and entrepreneurship in India are the various technological advancement, the diverse Indian market, and the availability of funding opportunities. In addition, India is also seeing a rise in the number of people opting for entrepreneurship as a career choice. It is largely due to the increasing availability of educational opportunities and training programs that cater to entrepreneurs. Additionally, there are many opportunities for growth for those who choose to become entrepreneurs in this country. Thus, individuals planning to become entrepreneurs need to gain relevant knowledge and experience, and an online MBA provides them with the proper knowledge and skills to become successful entrepreneurs. You can also read Most in-demand MBA specializations in 2022. Is doing an MBA after BCA a good choice? There are many reasons why an MBA after BCA is a good choice. Here are the top 5 reasons: Career advancement opportunities: An MBA after BCA course is a great way to boost your career as it helps you get into managerial and other high-ranking roles. It allows you to work on your skills, which will help you stand out from the crowd. Moreover, you can also start your own business or become a consultant. Better and higher pay: An MBA after BCA can also help you get higher pay. Individuals pursuing an MBA degree can expect a significant rise in their salary as it equips them with skills and experience essential in the job market. Increased network: An MBA after BCA can also help you build a strong professional network and will help you land your dream job or find an investor for your business. Which is the ideal specialization after BCA? The two ideal and best MBA specializations after BCA are MBA in IT & Fintech and MBA in Information System Management. MBA in IT & Fintech is ideal because it combines IT and finance topics. It provides individuals great understanding of both areas, which will help them land jobs at top-notch organizations. Also, this specialization would help you develop your management skills and ensure you have all the necessary skills to be an effective leader or entrepreneur. MBA in Information System Management is ideal for BCA graduates because it helps you develop your knowledge about information system management and how it works in different industries. This specialization would also improve your communication and analytical skills, making it easier for you to work with clients across different industries. You can also read Important concepts to learn during an MBA in IT and Fintech. An online MBA from Manipal University Jaipur adds value to your resume Manipal University Jaipur is a NAAC A+ accredited university that has been a pioneer in providing quality education to students with expert-developed course curriculums. It is one of the best universities in India, where you can gain knowledge from highly qualified faculty members. An online MBA from MUJ not only enriches you knowledge-wise but also makes you ready for the job market with its various career development opportunities like placement assistance and scholarship opportunities. The program helps you acquire more knowledge and skills to help you compete in the job market. You can also read MBA or Business Certificate: What should you prefer? Conclusion Thus, BCA graduates can significantly boost their careers, get higher salaries and start their journeys as entrepreneurs with a higher degree like an MBA. They should consider specialization in IT & Fintech or Information System Management, which would be relevant to their field of study. These will help them be better prepared for the job market by teaching them the skills employers are looking for in candidates. So, enroll in an online MBA program from MUJ and upskill yourself.
What are the benefits of doing an MBA in BFSI? The Banking, Financial Services, and Insurance (BFSI) sector of the economy are evolving quickly. The industry has changed its focus in today’s market, with new private firms taking the lead. As a result, in the challenging BFSI sector, there is an increasing need for knowledgeable and highly skilled management experts with expertise in banking and finance. According to a Bank of Baroda Economic Research, the IT, finance and banking sectors constituted 93% of the 3.82 lakh net increase in jobs in India from 2021 to 22. The MBA in BFSI curriculum equips individuals with the knowledge and abilities necessary for a lucrative career in the banking and finance industries. It will help individuals gain the relevant experience to get into managerial roles in the BFSI sector and have a successful career. You can also read, Why choose an MBA in BFSI. Advantages of doing an MBA in BFSI Earning an MBA in BFSI has several benefits, as you can quickly advance your career, find well-paying employment, and become an in-demand professional. The following are the main advantages of pursuing an MBA in BFSI: Makes you distinctive Your ability to stand out from the crowd will be substantially enhanced by pursuing an MBA in BFSI. You can distinguish yourself with a distinct conceptual specialty on the topics important to excel in the sector. Therefore, this qualification will provide you with a significant edge and allow you to advance your career in managerial positions. Stay well-versed with current trends You can learn about the crucial topics of the banking and finance industry, such as financial accounting, analytics, and others, with an MBA in BFSI. It is among the key benefits of an MBA in banking and finance, as you can stay well-versed with current trends and technical breakthroughs in the banking and financial sector. Career stability Banking and insurance organizations have been present for generations and will continue to function as long as people promote saving, anticipate good interest rates, take out loans, require medical care, drive vehicles, own properties, and operate businesses. Thus, an MBA in BFSI will help individuals to have a stable career in the BFSI sector. Lucrative career opportunities The BFSI industry is evolving rapidly with new technologies; thus, there is a huge demand for skilled professionals in the sector. An MBA in BFSI will help individuals to choose from various career opportunities and will help them launch their careers in the sector. Jobs you get after MBA in BFSI Following are the main jobs after an MBA in BFSI with their average annual salary: Bank Manager Bank managers are usually in charge of all operations, including market analysis, financial forecasting, setting financial goals, and meeting branch business goals. They also manage fund allocation and expenditures. Financial Accountant A financial accountant is in charge of managing an organization’s accounting and financial operations. They evaluate the company’s financial viability and give other divisions access to financial data to plan budgets and make investments. Investment Banker Investment bankers use their expertise in the financial services industry, analytical prowess, and effective interpersonal skills to support organizations in raising capital and for mergers and acquisitions. Financial Risk Manager The Financial Risk Manager’s duties involve analyzing business risk, recognizing threats to assets, and providing solutions to hazards to the company. In addition, they create plans to offset the consequences of changing market conditions on firms. Financial Manager Financial managers monitor the finances of a business and work to maintain sustainability. They oversee important tasks like keeping tabs on cash flow, determining profitability, controlling spending, and creating reliable financial data. Financial Consultant A financial consultant assists an organization in increasing shareholder value and improving capital efficiency. Their job may entail assisting in forming a mergers and acquisitions package or developing a compensation strategy. Job rolesAverage salaryBank Manager₹ 7.5 LPAFinancial Accountant ₹ 4.0 LPAInvestment Banker ₹ 6.0 LPAFinancial Risk Manager ₹ 10.6 LPAFinancial Manager ₹ 13.0 LPAFinancial Consultant₹ 4.8 LPA Secure a high-paying job in the banking or finance sector with an MBA in BFSI The online MBA in BFSI program by Manipal University Jaipur is developed by an expert faculty to help individuals have stable careers in the banking and finance sector. The curriculum and the LMS give professionals a crucial competitive edge in the fiercely competitive banking industry by providing a business model-specific education. The placement assistance program offered by Online Manipal is intended to close the talent gap affecting several sectors and job markets. To know more, you can read Important concepts to learn during an MBA in BFSI. Eligibility Candidates must have completed their 10 + 2 + 3-year bachelor’s degree in any discipline with 50% aggregate from a recognized institution or university (45% for reserved categories). Candidates need to clear the online aptitude test conducted by Manipal University Jaipur as per admission norms to the online MBA program (part of the application form) Candidates with a valid score (40 percentile) from any aptitude test (CAT/MAT/CMAT/XAT/GMAT) need not appear in the above test Conclusion India’s financial sector is foreseen to thrive in the upcoming years due to growing individual incomes, corporate renewal, financial sector deregulation, and the emergence of a more customer-focused, credit-arranged economy. So, to seek employment in the domain, enroll in the MBA in BFSI course from MUJ that equips aspirants with industry-specific business skills.
Who can benefit from an MBA in IT and FinTech? FinTech, or financial technology, is the most recent sector that integrates finance and technology by embedding cutting-edge techniques to provide financial solutions proficiently and competently. FinTech has revolutionized how we handle our finances, send payments, and even obtain funds in only a few years. With a wide range of applications, employment options in Fintech are essentially endless. Many renowned institutions offer MBA in IT & FinTech programs that help individuals reach their objective of rising to managerial roles in the FinTech industry. The program helps comprehend the underlying logic of business, management processes, marketing initiatives, concepts, and theories that pique the interest of working professionals and students. Why is FinTech the hottest career choice right now? Financial technology makes use of technological breakthroughs to improve and expedite financial services. Following are the factors answering the query “Why MBA in IT & FinTech?” Stay updated with the latest technologies The fintech sector is rapidly growing and implementing the most advanced technology to improve financial services and customer insights. It is important to stay updated with the latest technologies in a world where software is continuously changing and being updated. So having experience in this field is helpful. Embrace the prospect of transformation Fintech is a domain where continual advances and evolution are anticipated. With the growth of the blockchain industry, transactions will become faster and more secure while also supporting the rising desire for greater transparency of the current financial institutions. The functioning of financial systems will alter as a result, and enterprises will be encouraged to embrace innovation while being more aware of regulatory changes. Explore exciting job possibilities In a quick-growing sector like Fintech, one might foresee daily job growth. You can advance your professional development and confidently pursue your goals with the help of FinTech training. Whether you’re a seasoned professional trying to develop your abilities or a fresh graduate looking to launch your career, the roles you can explore after MBA in IT & FinTech are endless. Improve the customer experience Due to the seamless integration of transactions across multiple industries, including online banking and mobile payments, the finance sector has benefited immensely. Customers can now execute payments swiftly and securely. With the help of AI, businesses can gather important information about user behavior and create a seamless customer experience that caters to specific demands and wants. You can also read Important concepts to learn during an MBA in IT and Fintech. Top companies in the FinTech sector There are around 6,636 fintech companies in India, and by 2025, it is predicted that the market will be worth $150 billion. Individuals can work in various business sectors after MBA in IT & FinTech. Some of the prominent companies in the FinTech sector include: Razorpay Cashfree Paytm BharatPe CRED Digit Insurance Turtlemint Policybazaar Zerodha Groww CoinSwitch Who is suitable for a career in FinTech? FinTech is a fantastic career choice for tech-savvy developers and business owners who can come up with innovative ways to supply financial goods and services. So, who can choose a career in FinTech? Working professionals with experience looking to change roles or domains. Individuals from finance, economics, management, and engineering backgrounds who wish to advance their careers in the IT and FinTech sectors. Entrepreneurs who want to learn more about this field or who want to launch a FinTech or IT business Launch your career in the FinTech Industry with an MBA in IT and FinTech from MUJ Online MBA in IT & Fintech offered by NAAC A+ accredited Manipal University Jaipur makes you future-ready by equipping you with the latest technologies in Fintech. This UGC-entitled program is designed for individuals who desire to hold managerial roles in the IT or FinTech sector. It is a 2-year program and is divided into 4 semesters. Individuals get free access to Coursera courses with the program and can upskill themselves. MUJ also provides placement and scholarship opportunities to help individuals have successful careers. To know more about the program, you can read MBA IT & FinTech course details. Conclusion FinTech has altered the economic structure of the nation. So, it’s crucial to keep up with the most recent FinTech advances if you’re a company’s decision-maker, financial expert, or senior management professional. You can enroll in the online MBA in IT & Fintech program offered by Manipal University Jaipur to pursue a thorough curriculum that will significantly improve your CV and ensure career progress.
Steps to kickstart a career in the Blockchain industry Blockchain technology is a decentralized, distributed database or ledger that stores ownership records of digital assets in a digital format. Blockchain technology is unique as it ensures the security of a data record without the need for a trusted third party. Blockchain technology is rapidly being adopted by various businesses like IBM and Samsung to develop a distributed network of IoT devices to eliminate the need for a central system to control communication between devices for tasks such as software updates, energy usage tracking, error handling, etc. In 2021, the global market size for blockchain technology was estimated to be worth USD 5.92 billion and is expected to expand from 2022 to 2030 at a compound annual growth rate of 85.9%. Thus, there is a huge scope for professionals in the blockchain industry, and there are various blockchain jobs in India to have a successful career. There is a shortage of supply of Blockchain professionals in the job market; therefore, now is the right time to launch your career in the domain. The future scope of blockchain technology is bright, and its benefits will lure more businesses to invest in it. If you are wondering how to learn Blockchain, then read on to learn about the concepts that are essential in blockchain technology. Important concepts to learn in blockchain technology Blockchain technology cannot be tampered with as it is a chain of blocks where each block contains data value validated by nodes in the network rather than a central authority. The data stored on a blockchain cannot be deleted or changed. A new block needs to be added to update any information. So, how to learn blockchain development? To understand and assess the value of blockchain technology, we need to understand some important concepts. Decentralized Blockchain technology is decentralized, which means that the data is not stored in one particular place, so there is no central system. The stored data in Blockchain is dispersed across various computers, which are known as nodes. Users can interact directly with each other since there is no central entity that has control over the data. Consensus algorithm Consensus algorithms are a type of algorithm that allows the nodes in a blockchain network to reach a decision regarding a transaction’s validation procedure. These form the core of the blockchain infrastructure as it keeps the system completely transparent and free of errors. Smart contracts Smart contracts serve as the foundation for blockchain-based applications. They are based on the idea of contractually governing transactions between two or more parties. Smart contracts enable users to control ownership by controlling the amount of data disclosed. Mining Mining is the process of assembling or validating transactions to the distributed ledger. It primarily entails creating a hash of a block that can be avoided from being forged. Thus, it safeguards the system’s integrity without the requirement of a central system. You can read MCA project topic ideas 2022 to have an in-depth understanding of the project topics important for the MCA course. What are the various jobs in the blockchain industry? Here are some blockchain jobs that you can pursue: Blockchain Developer – The role of a Blockchain Developer is to secure digital transactions by creating systems that can record and store blockchain data so that it cannot be changed or hacked. Blockchain Developer salary is ₹ 6.5 LPA. Blockchain UX Designer – A Blockchain UX Designer is in charge of developing innovative, simple, and user-friendly interfaces to ensure client engagement. Blockchain UX Designer salary is ₹ 5.4 LPA. Blockchain Architect – A Blockchain Architect develops blockchain solutions and defines the infrastructure by understanding security requirements. Blockchain Architect salary is ₹ 21.0 LPA. Blockchain Engineer – The role of a Blockchain Engineer is to execute and develop a digital blockchain that can be used for business solutions. Blockchain Engineer salary is ₹ 9.9 LPA. Blockchain Project Manager – A Blockchain Project Manager manages and supervises the entire working cycle of a blockchain project. Blockchain Project Manager salary is ₹ 4.8 LPA. Blockchain Consultant – A Blockchain Consultant assists new blockchain firms in developing strategies that can optimize business efficiency and help them grow and expand. Blockchain Consultant salary is ₹ 15.5 LPA. To know more about the course, you can read MCA course details: All you need to know. Master fundamental Blockchain technology concepts by enrolling in an online MCA from MUJ So, how to become a blockchain developer in India? If you want to pursue a career in the Blockchain industry, then you can pursue the online MCA course offered by Manipal University Jaipur. Manipal University Jaipur is a NAAC A+ accredited university that aims to provide the highest level of knowledge to the students. The MCA course curriculum covers all the important concepts of software and programming, including cryptography and Blockchain, which will help you develop a strong base for launching your career in the blockchain industry. The MCA course is a 2-year program that is divided into 4 semesters and is offered through an online medium. In addition to a strong academic foundation, the program helps students develop practical skills and experience that are highly valued in the job market. Students also get free access to paid Coursera content to upskill themselves so that they can have successful careers. Thus, to start your career in the Blockchain sector, pursuing the MCA degree from Manipal University Jaipur is the ideal choice.
Who will be my peers in an online MBA? A Master of Business Administration or MBA is a postgraduate program that deals with business administration. An MBA program’s core curriculum encompasses many areas of business administration, such as accounting, finance, human resources, etc. The main reason why MBA programs are growing in popularity is that it allows students to gain in-demand skills, increase pay potential, and advance to senior management positions. According to the Association to Advance Collegiate Schools of Business, 45,038 students enrolled in online MBA programs during 2020-2021, compared to 43,740 in regular programs. A bachelor’s degree with 50% aggregate is the bare minimum requirement for admission to this program. Applicants with a valid CAT or CMAT score are also eligible to enroll. A regular campus-based schedule may be difficult for working people, making an online MBA a viable option, which is one of the major online MBA benefits. You can also read How can an online MBA degree help you? Who can do an online MBA? The MBA candidate profiles can be very diverse as people from different cultures and backgrounds of life enroll in an online MBA class. Following are some people who take up online courses – Candidates looking to upskill and stay relevant – Online MBAs are frequently used as a pathway by professionals to stay relevant in the industry by upskilling themselves with the latest in-demand skills. Candidates looking for a career transition – Online MBAs often act as a launchpad for individuals who want to move into the business management industry as individuals get to finish their online degree while working and can eventually shift their careers. Candidates looking for a salary hike or promotion within the organization – People who want to earn a high pay scale or get promoted in their current organization typically opt for an online MBA to achieve their goals while maintaining their day job. Candidates looking to get a PG degree – There are several job roles that require postgraduate degrees as a must-have, and the online MBA program enables aspirants to apply for such roles. Individuals who also want to pursue higher education also enroll in online MBA programs. Candidates looking to get into managerial roles – Individuals wanting to get into managerial positions often enroll in online MBA courses as it provides them with various benefits. Candidates looking to get a job after a career break – Individuals looking to get a job after a career break also opt for an online MBA, as it provides a huge boost by helping them acquire the necessary skills and knowledge. To know more, you can read Can an online MBA course get you a better salary? Benefits of interacting with peers from diverse backgrounds Following are some of the benefits of interacting with peers from diverse backgrounds in an online MBA class: Cultural diversity enhances the educational experience – One of the most pertinent benefits of interacting with candidates from diverse backgrounds is that it enhances the overall educational experience with shared stories, new concepts, and perspectives. Helps in understanding global perspectives – Interacting with candidates from diverse backgrounds helps understand global perspectives and aid in the overall growth of individuals. Improves your cognitive skills – Diversity influences how people think by encouraging creativity and invention, as well as decision-making and problem-solving abilities, all of which considerably improve their total cognitive abilities. Prepares you better for workplace diversity – Diversity in the workplace is a positive change that the professional field has seen in recent years, and the online MBA program prepares individuals for the same. Creates cultural awareness – Interacting with diverse peers also helps in forming cultural awareness and being sensitive towards people of different cultures. Improves academic outcomes – While cultural diversity improves a candidate’s approach and perspective, it also aids in academic gains, as it helps in exploring new heights of inspiration and creativity. Make the most of your peer interaction during your online MBA from MUJ Students enrolling in the online MBA program from Manipal University Jaipur come from different regions and are of diverse cultures and backgrounds. The program not only academically and professionally pushes individuals towards a better future but also enables them to attain several important interpersonal qualities. It gives them the opportunity to absorb knowledge from different experiences, understand several perspectives, and increase their creativity for a successful life in a globalized metropolitan world. Conclusion Cultural diversity is an integral part of today’s world, and that is what the online MBA at MUJ prepares its candidates for. Along with a top-notch curriculum and optimized academic course, the program also prepares students with cultural awareness and allows them to absorb the maximum knowledge from it. This not only aids the candidates in their academic progress but also gives them a headstart for working in a culturally diverse professional setting.
How does an MBA impact your career? Earning a professional degree in business management has a wide range of benefits for young professionals. Whether you have an analytical or a creative bent of mind, come from a business or non-business background, are introverted or extroverted, the management and leadership skills that you pick up while pursuing an MBA will equip you with a diverse skill set. This bolsters the trajectory of your professional journey. Ways an MBA degree can positively impact your career: MBA enhances your skillset Pursuing a management degree, be it full time or through online MBA courses, gives you the opportunity to enhance your knowledge and skillsets. During the course, you develop leadership skills and assimilate in-depth knowledge of strategy and analysis techniques. These skills are vital in all areas of business operations, which makes them highly appealing to prospective employers. Read more – Why is MBA still one of the best courses after BBA? In addition to this, you get to work on several team projects, present case studies, and address large audiences. This hands-on experience equips you with strong communication skills, boosts self-confidence, and helps you develop a knack of working with teams. All of these are leadership qualities that prepare you to take on managerial roles successfully. MBA improves peer networking Another key benefit of being part of a reputed university is the chance to network with fellow students, mentors, professors as well as the alumni. All of these connections can prove helpful in securing employment guidance and opportunities later on. Most B-schools encourage these networking experiences, as they form the bedrock for accentuating students’ management skills and capabilities. In fact, 92 percent of MBA graduates land a job within three months of completing their course. Not just for career growth and opportunities, the people you interact with while pursuing an MBA degree pay off in other ways too. Apart from building lasting relationships, you’re also exposed to diverse ideas and opinions that help you develop a world-view and mould you as a well-informed person. Read more – Is an MBA worth it for working professionals? MBA improves your career prospects MBA graduates not only have high qualifications but also hands-on knowledge of business operations. Naturally, this makes them better positioned to hold high-level managerial positions. In fact, an MBA degree is a prerequisite for securing managerial positions in nearly all industries. With an MBA from a reputed institution and the zeal to push the envelope, young professionals can climb up the career ladder rather quickly, reaching senior managerial positions such as administrators or board directors within a few years. Yes, these are demanding roles with huge responsibilities, but they’re also highly reputed well-paying positions. A survey indicates that working professionals see an 80 per cent jump in salaries after completing a management degree. You might like: Common doubts about an online MBA degree MBA instills “out of box” thought process Leadership roles entail fostering innovation, comprehending abstract ideas, and ensuring their seamless execution and implementation. CEOs and board directors drive change through concepts such as transformational management and thought leadership. An MBA degree instils integrated perspectives and a holistic outlook towards the business world. This, supported by the vast network of professionals that you’re a part of, helps in understanding processes and techniques that encourage out-of-the-box problem solving and establish new operational standards. The acute receptiveness and deep understanding cultivated in a business school help MBA graduates become agents of change and growth. MBA strengthens authority A recognised MBA degree is the best way to establish your authority in any industry vertical or field of work. Pursuing and completing an MBA degree is in itself proof that you’re a motivated, hard-working professional. Someone willing to go above and beyond to fulfil their goals, even more so if you’re a working professional pursuing a business management degree alongside a full-time job. Besides, the curriculum of a business degree allows you to expand your knowledge base, giving you greater authority to handle senior managerial roles. It is a collaborative and enriching experience that transforms you into a reputed business expert. It Nurtures personal growth The benefits of an MBA degree extend far beyond your professional growth. It also helps in enhancing and grooming your personality overall. From acquiring better communication skills to becoming more organised, detail-oriented and punctual, you cultivate a host of positive traits, MBA shapes future leaders and also help you become a more well-rounded professional. Give your career a boost today with online MBA If you have been contemplating lending impetus to your career with an MBA degree, you can do so without taking a break from your full-time job. Online MBA degrees are fast emerging as an affordable and flexible way of learning at your convenience and your own pace, even more so in the current scenario where everything has shifted to the virtual realm. Check this out: 6 Biggest Surprises of Online MBA Programs MUJ:Why is it best for online MBA? With Manipal University Jaipur’s online MBA degree, you add a legacy name in education to your resume. More importantly, the curriculum of these programs has been carefully crafted, keeping in mind the pressures of working professionals’ lives. Flexible Learning Environment: Manipal University Jaipur (MUJ) offers a highly flexible online MBA program, allowing students to study at their own pace. This flexibility caters to working professionals, enabling them to balance career commitments with academic pursuits. Industry-Relevant Curriculum: MUJ’s online MBA curriculum is designed in collaboration with industry experts, ensuring its relevance to current business trends. This approach equips students with practical skills and knowledge, directly applicable to real-world corporate scenarios. Experienced Faculty: MUJ boasts a faculty of experienced professionals who bring a wealth of industry knowledge to the online classroom. This ensures that students receive insightful guidance and mentorship, enhancing their understanding of business concepts. Cutting-edge Technology: Leveraging advanced technological tools, MUJ provides a seamless online learning experience. The integration of modern technologies enhances engagement, collaboration, and the overall effectiveness of the MBA program. Global Networking Opportunities: MUJ facilitates networking opportunities with a diverse group of students and professionals, fostering a global perspective. The online platform enables students to connect with peers and industry leaders worldwide, expanding their professional network. Conclusion In conclusion, the impact of an MBA on one’s career is profound and multi-faceted. Beyond the acquisition of business knowledge, an MBA serves as a catalyst for personal and professional growth. It hones leadership skills, instills strategic thinking, and enhances one’s ability to navigate complex business challenges. The networking opportunities and exposure to diverse industries further broaden perspectives and open doors to new possibilities. Ultimately, an MBA is not just a degree but a transformative journey that equips individuals with the skills, confidence, and connections necessary to thrive in the competitive landscape of the professional world. As careers evolve, the enduring value of an MBA becomes increasingly evident, positioning individuals for sustained success and impactful contributions to their chosen fields. Become a part of this new and futuristic way of learning, and give your career a boost today!
Human Rights Day 2022: How technology can lead the way for right to education Human Rights Day is celebrated on December 10 every year. It commemorates the day the United Nations General Assembly adopted the Universal Declaration of Human Rights (UDHR) in 1948. The UDHR is a milestone document, which proclaims the inalienable rights that everyone is entitled to as a human being regardless of color, religion, sex, language, nationality of birth status. Interestingly, it is the most translated document available in over 500 languages. The theme for this year’s Human Rights Day is Dignity, Freedom and Justice. Human rights mean rights or basic freedoms that include the right to live, health, education, and freedom of speech. These human rights are protected by national and international laws and treaties. The theme- Dignity, Freedom and Justice is tightly knit with education, as all of these come with a literate and educated society. Dignity With education comes dignity and respect. Education is the pathway to a better life for people from various walks of life. Women, differently abled persons and people from marginalized society are treated with respect if they’re educated. Freedom & Justice It is not just dignity that one attains from being educated, but also the freedom to live life on your terms. Once you’re educated, you have the freedom to choose a job and life that fits your ambitions and aspirations. You also have personal and financial freedom. Nevertheless, the right to education and access to quality education for all still faces a myriad of challenges. The Indian education system has its share of problems that is denying access to education to a large population even today. The barriers Accessibility Access to education is one of the biggest challenges our country is facing. While the situation is comparatively better in urban areas, education is still a dream to those residing in rural areas. Even if children residing in rural areas have access to schools, the quality of education provided is questionable. Pandemic Millions of students were cut off from education as the pandemic took the world by storm. According to UNESCO, the duration of school shutdown in India had been among the longest in the world. Even though school dropout is a prevailing issue in India, the pandemic made it worse. According to the Indian government’s Unified District Information System for Education Plus report of 2021, the annual dropout rate of secondary students stood at 14.6% in India. With existing inequalities in the education system, these were aggravated by the pandemic. Even though classes were conducted online, many students could not study remotely, bringing a gap in their education. Overcoming challenges Some major challenges that come in the way of education are- lack of accessibility, infrastructure and content delivery. The use of technology can put an end to these challenges. While children are struggling to complete school, higher education remains unreachable for many. Moreover, the government of India has stressed the importance of technology more than ever before in the National Education Policy, 2020. The stress of technology in NEP 2020 In the last decade, India is experiencing rapid digitalization. The Indian government has stressed on the “extensive use of technology in teaching and learning, removing language barriers, increasing access as well as planning education and management.” With the incorporation of technology, the government aims to achieve 100% literacy. The NEP recognizes the importance of making education more accessible, especially for differently abled children, improving quality of content delivery, all with the intervention of technology. The policy calls for investment in digital infrastructure, developing online teaching platforms, creation of virtual labs, technology and pedagogy for online teaching and learning. The government aims to provide access to education and technology to every student in urban and rural areas, whether in the form of smartphones or laptops. Several efforts are being made by the government to make these aspirations a reality, like the digital India campaign. Moreover, under the PM-WANI scheme cleared by the Union Cabinet, Prime Minister Narendra Modi promised to improve Wi-Fi connectivity across the length and breadth of India. EdTech bridging the digital divide While the pandemic restricted people from stepping out, the world survived on technology. Work from home and online classes became the new normal. Technology has become an integral part of everyone’s lives and has come handy in the functioning of various sectors, especially education. Over the last few years, the EdTech sector has brought about significant changes in the education system. From breaking physical barriers, improving accessibility and flexibility, EdTech has helped education reach the homes of many. Since the government’s nod to the collaboration of universities and EdTech firms, the quality of online education has improved massively. On Human Rights Day, it is important to think about whether every child or student in India has access to quality education. With technology driving the world today, EdTech is helping education reach every corner of the world. While there is a need to improve internet access in several parts of the country, EdTech will help bridge existing gaps in the system.
