How to become a Sports Analyst? Do you love sports and have a deep passion for analyzing games? If you enjoy predicting in-game strategies and outcomes, then a career as a sports analyst might be perfect for you. Sports analysts provide insights and expert opinions on team and player performance. They hone their knowledge and skills to deliver commentary or identify trends in the match. Sports analytics uses statistics to assist the owners of sports entities for increased growth and stability in the business. In this article we will be discussing the sports analyst career path in detail. Introduction to Sports Analytics Sports analytics is the application of data analysis and statistical methods to gain insights and make informed decisions in the world of sports. It involves collecting, processing, and interpreting data related to various aspects of athletic performance, player evaluation, game strategy, and team management. By harnessing the power of data, sports analyst education aims to enhance performance, optimize training methods, and maximize competitive advantage. In today’s highly competitive sporting landscape, where even the smallest advantage can make a significant difference, sports analytics has become an essential tool. It provides teams, coaches, and athletes with objective and evidence-based information to understand strengths and weaknesses, identify patterns and trends, and make data-driven decisions. By leveraging analytics, teams can assess player performance, improve game strategies, manage injuries, and make informed decisions during player acquisitions and contract negotiations. A study suggests that by 2025 the sports analytics market will go up $4.5 billion. Different Types of Sports Analysis Most sports use different forms of analysis to measure distances, speeds, or heart rates and conduct analysis. Differences between On-Field and Off-Field Analytics are listed below. On-Field Analytics Off-Field AnalyticsIt involves several methodologies to analyze the performance by changing in-game strategies or nutrition levels.It involves the analysis of data and statistics related to the business operations of a sports organization. It covers tracking key on-field metrics for player selection decisions or improving overall team performance.It covers recruitment, player development, and product development. Coaches, players, and analysts understand a team’s or player’s performance through this.Through off-field analytics, analysts deal with fan engagement, revenue streams, sponsorship deals, and merchandise sales for business operations. Who is a Sports Analyst? Sports analysts study data and statistics to provide insights into different sports’ player performance, team behavior, and strategy. They need a high degree of analytical skills, knowledge of sports, and a passion for sports events. Role and Responsibilities of a Sports Analyst Sports analysts employ their strong analytical and research skills to publish sports-related stories for broadcasting. People pursuing this career work for online media resources, print publications, newspapers, or radio and TV stations. Qualifications Needed for a Sports Analyst Role To become a sports analyst, students must have their bachelor’s or master’s degree in media, journalism, data science or analysis, management, etc. Most sports analysts choose to broadcast to pursue their degree in Journalism or communication. If you have a strong mathematical and statistics background, then Data Science or Business Analytics will be a favorable option. How to Enter the Field of Sports Analytics? The sports analyst job requirements are as follow- Work Experience Or Internships Universities have Journalism departments providing opportunities for students to develop their broadcasting skills. If a student performs well in the athletic department as a player, they can intern as an athletic trainer, player, volunteer, student manager, or coach. Learn Coding Sports Analysts should learn different programming languages like Python and R to manipulate and retrieve data when necessary. It allows the analysts to automate data collection for performance prediction, team clustering, or pattern recognition by saving time and effort. Opt for Online Courses A Bachelor’s degree alone cannot provide the required knowledge in this field. Students can enroll for online certifications for free in several courses like regression analysis, hypothesis testing, multivariate analysis, Excel, etc. It helps to gain soft skills or computer abilities allowing students to perform better in the sports analyst role. Skills Required For Sports Analytics Becoming a sports analyst is difficult with just bookish knowledge or a degree. Some other skills needed for sports analysts are- Develop technical skills in data modeling and statistical analysis. Understanding of sports rules, strategies, and terminology. Ability to interpret and communicate complex data insights to non-technical stakeholders. Algorithms of machine learning and techniques of predictive modeling. Strong problem-solving and critical-thinking skills. Ability to work with large datasets and handle data cleaning and preprocessing. Passion for sports and a desire to uncover meaningful insights to improve performance. Tools Used in Sports Analytics The following are a few tools used in sports analytics- Tableau and Power BI are tools that help communicate with management and coaches. Data visualization tools like graphs, charts, and dashboards help understand complex data easily. Statistical software tools include R and SAS that facilitate data manipulation, modeling, and visualization. Machine learning and predictive modeling tools include sci-kit-learn, TensorFlow, and Keras. Data collection tools like GPS trackers, accelerometers, etc. Career Prospects For Sports Analysts At the professional level, sports analysts fall under statistics and analytical fields. Want to know more about Data visualization? Let’s find out the different sports analyst job opportunities– Performance Analyst: They analyze individual sports persons or teams to determine their weaknesses, strengths, and improvements. These analysts use statistical and video analyses to track data and provide solutions to coaches and athletes. Sports Data Scientist: These people work with different sports datasets to uncover patterns, trends, and relationships by applying statistical model tools. It predicts the outcome of a match, player performance, and team strategies. Player Personnel Analyst: This role is confined to evaluating one single player’s skills, potential, and fitness. It includes assessing the player’s metrics and scouting reports for player recruitment and trade decisions. Sports Analysts Researcher: These analysts conduct detailed investigations on biomechanics, injury prevention, sports psychology, or sports nutrition. Their studies contribute to the development of sports training methodologies. Sports Business Analyst: These sports analysts use data to drive decision-making in generating revenue, boosting ticket sales, and increasing fan engagement and sponsorship. It optimizes sports financial performance and enhances the fan experience for a match. Entry-level sports analysts earn around 3LPA, going upto 17LPA at the senior level with experience. Different companies hiring sports analysts include Decathlon, Nielsen Sports, HUDL, Sportstec India, etc. Future of Sports Analytics Sports analytics is gaining popularity among teams, sponsors, and broadcasters as it helps to obtain the necessary competitive edge in the sports industry. There are technological advancements and trending patterns with AI and ML to interpret large amounts of data. It will become more accessible shortly for its user-friendly interfaces like interactive dashboards and data visualizations. Fans can now access real-time insights and analysis on player performance and team statistics. Conclusion Becoming sports analysts require an amalgamation of passion, knowledge, and dedication. It starts with loving a field of sports and slowly unraveling the game’s intricacies. Aspiring sports analysts should diversify their game knowledge by staying updated on all kinds of games and gaming strategies. Presenting findings through compelling visuals, reports, and storytelling not only captivates audiences but also enhances the impact of the analysis. Being able to articulate complex analysis concisely and understandably is what sets exceptional sports analysts apart. Online Manipal is the perfect platform to choose the right online program for a career in sports analytics. You can find top-rated online degree and certificate programs from prestigious institutions like Manipal Academy of Higher Education (MAHE).
Colombia: Management lessons from survival of kids in Amazon forest The Amazon rain forest is regarded as one of the world’s last great frontiers, full of mystery and danger. It is a place of adventure, but it can quickly become a place of danger, even for the most seasoned explorers. But this is not the case for four children from Colombia. They survived for 40 days (about 1 and a half months) in the Amazonian jungle with nothing but their wits and survival skills, providing valuable insights for management students worldwide. On May 1, 2023, four Colombian siblings aged 13, 9, 4, and 11 months survived for 40 days in the Amazon rain forest after their plane crashed. The children were traveling with their mother from the Amazonian village of Araracuara to San José del Guaviare when the plane went down. The mother was killed in the crash, but the children managed to survive by eating fariña, or cassava flour, and by using their knowledge of the rain forest’s fruits. Management lesson for all! The children’s survival is a remarkable story of resilience and determination. It is also a story that has lessons for management students. Here are three things that management students can learn from the children’s survival: 1. Leadership is not about being the oldest or the most experienced Lesly was only 11 years old when she protected her younger siblings in the horrendous Amazon jungle for 40 days. She had no formal training in leadership, but she was able to step up and take charge because there were no other options following their mother’s death after four days of plane crash. As a management student, it’s important to remember that leadership is not about having a title or a position of authority. It’s about being able to inspire and motivate others in critical situations to achieve a common goal. You may like to read the leadership lessons from Jacinda Ardern, former prime minister of New Zealand. 2. Teamwork is essential for success Lesly could not have survived in the Amazon jungle without the help of his younger siblings. They cooperated with her full heartedly to find food and water, build shelter, and protect themselves from danger. In the workplace, teamwork is also essential for success. No one person can do everything, and everyone has something to contribute. As a management student, it’s important to learn how to build and lead effective teams. Find out the business lessons from FIFA World Cup 2023. 3. Resilience is key to overcoming challenges The four children faced many challenges during their 40 days in the Amazon jungle. They were hungry, thirsty, and scared. They were also exposed to the elements and to dangerous animals. But through it all, they never gave up hope. They kept going, day after day, until they were finally rescued. In the workplace, we will all face challenges. But if we are resilient, we can overcome them and achieve our goals. 4. Problem-solving and critical thinking In their dire circumstances, the children faced numerous challenges that required quick thinking and problem-solving skills. Lesly demonstrated exceptional critical thinking abilities by analyzing the situation, identifying available resources, and devising strategies to utilize them effectively. For instance, she relied on her knowledge of the local environment to find edible fruits and plants, ensuring their sustenance during their time in the jungle. In addition to the four lessons mentioned above, there are a few other things that management students can learn from the children’s story. For example, the children were able to survive because they were resourceful and adaptable. They were able to find food and water in a hostile environment, and they were able to make changes to their plans as needed. These are all qualities that are important for managers in today’s ever-changing business world. Here are the new trends in the business management in 2023. Conclusion The incredible survival story of the four children in the Amazon serves as a powerful lesson for management students, offering valuable insights into leadership qualities and skills. Lesly, the eldest sibling, exemplified exceptional leadership attributes, including resourcefulness, adaptability, problem-solving, resilience, and effective communication. Her ability to inspire, guide, and unite his siblings through their harrowing experience is a testament to the strength of leadership in challenging circumstances. In sum, the survival story of the four Colombian children is an inspiring one. It shows us that even in the most difficult of circumstances, it is possible to survive and thrive. As management students, we can learn a lot from these young heroes.
Why is an MBA in HRM a top choice for many students? The pursuit of an MBA in Human Resources has emerged as a premier choice for students looking to build a lucrative career trajectory in today’s fast-paced business environment. This valued program provides a rare combination of broad business expertise and specialized skills in managing and optimizing human resources in organizations. HR’s significance stems from its role in linking human capital with corporate goals, establishing a dynamic work atmosphere, and fostering a culture of success and development. It is an essential role in nearly every industry, making the HR sector particularly appealing for personnels looking for a fulfilling and rewarding career. HR is an essential department owing to its broad responsibilities, which range from talent recruitment and growth to regulatory compliance and managing transitions. MBA HR management professionals contribute considerably to the efficacy and sustainability of organizations making it an extremely desirable domain for individuals seeking meaningful and effective employment in the world of business. Advantages of doing an MBA in HR An MBA in human resources has a broad scope, and the curriculum is designed to provide in-depth training and knowledge that will provide you with an edge in the job market. Let us look at the reasons for pursuing an MBA in HR. Plethora of job opportunities Earning an MBA in HR opens up a plethora of job opportunities, developing a promising and diverse career choice. Individuals with an MBA in HR gain a thorough understanding of the complexities of human resource management, enabling them to flourish in a variety of organizational settings. As organizations increasingly observe the worth of good human resource management, individuals with an MBA in HR are in high demand for positions such as HR managers, talent development specialists, pay and benefits analysts, and organizational development consultants. This degree prepares individuals to handle the changing challenges of the global labor force, ensuring they are extremely sought after by businesses across industries. Gaining in-demand HR skills In today’s complex corporate landscape, organizations want HR experts with a diversified skill set that corresponds with the industry’s evolving needs. An MBA in human resource management provides professionals with an in-depth awareness of strategic human resource management, organizational behavior, talent acquisition, performance evaluation, and employee growth. This specialized expertise enables graduates to effectively manage complex human resource difficulties and make informed decisions that support organizational success. Furthermore, the hands-on training and real-world projects provided by an online MBA program allow students to improve their critical thinking, leadership skills, and problem-solving, making them highly sought-after candidates in a competitive employment market. Opportunities for career growth Pursuing an MBA in HR opens up endless avenues for job advancement, ensuring a rewarding professional journey. This specialized degree provides individuals with extensive knowledge and abilities necessary for handling the multifaceted dynamics of today’s workplace. Furthermore, this accreditation opens the door to a wide range of prospects, such as senior-level management jobs, consulting roles, and executive leadership. The breadth of disciplines studied during an MBA in HR equips graduates with the skills needed to traverse the growing complexities of the corporate world with professionalism, enhancing their prospects for professional achievement and distinction Better pay MBA in HR graduates are well-positioned for exciting and well-paid professions in the dynamic sector of human resources, thanks to their combination of specialized knowledge, strategic insight, and leadership talents. An MBA program’s niche knowledge boosts graduates’ marketability and sets them apart from other job hopefuls. Employers recognize the importance of such skills and are ready to pay more to draw in and retain elite HR professionals. Furthermore, the strategic and managerial skills developed during an MBA program qualify graduates for higher-level roles within HR organizations, which frequently come with greater wages and perks. Job security Employers place a high emphasis on individuals with strong business acumen and specialized HR training in a continuously changing employment environment. Professionals with an MBA in HR have strong prospects for a variety of diversified and high-level roles within enterprises. The degree acts as an essential testament to their credentials, increasing their marketability and prospects of finding consistent and meaningful employment. Additionally, the MBA network and resources make it easier to access a diverse range of career options, which improves job security and long-term career achievement. Prepare for leadership positions Earning an MBA in HR acts as an impetus to prepare candidates for corporate leadership positions. This specialty provides students with a broad skill set and deep understanding that are essential for undertaking leadership positions. Furthermore, the MBA in Human Resources emphasizes the development of critical leadership attributes such as excellent communication, decision-making, and conflict-resolution abilities. Students receive important insights and views via case studies, hands-on learning choices, and networking with business professionals, preparing them for navigating complex organizational dynamics. Also read: Important concepts to learn during an MBA in Human Resource. Career opportunities and salary after MBA in HR Below listed are the top job roles with their responsibilities and MBA HR salary range following this esteemed degree. Human Resources Manager: An HR manager regulates an organization’s HR activities, such as talent acquisition, employee relations, remuneration, and performance management. Yearly Salary – ₹18 Lakhs HR Consultant: HR consultants provide organizations with expert advice and direction on a variety of HR issues. They could be employed on a project basis or as independent consultants. HR audits, policy formulation, talent management, and organizational restructuring may be tend to be their primary responsibilities. Yearly Salary – ₹11 Lakhs Talent Acquisition Manager: Talent acquisition managers are in charge of identifying and hiring qualified individuals for available positions in a company. They supervise the hiring process and work with hiring managers. Yearly Salary – ₹24 Lakhs Compensation and Benefits Manager: Compensation and benefits managers create and administer the company’s compensation and benefits initiatives. They research market trends, create wage structures, and provide competitive employee benefits. Yearly Salary – ₹40 Lakhs Organizational Development Manager: Organizational development managers are concerned with increasing the organization’s productivity and effectiveness. They create and implement projects to promote employee engagement, organizational culture, and carry out restructuring procedures. Yearly Salary – ₹39.7 Lakhs Employee Relations Manager: Employee relations managers are responsible for fostering productive relationships between employees and the organization. They address employee issues, mediate problems, and guarantee that labor laws and company regulations are followed. Yearly Salary – ₹19.6 Lakhs Pursue an online MBA in HR from the reputed Manipal University Jaipur An online MBA in HR offered by Manipal University Jaipur provides you with a crucial career lift, particularly regarding potential earnings and your admission to HR career fields. Whether you want to work in talent acquisition, talent management, or another HR profession, an MBA with human resource management as an elective can help you develop the necessary skill sets to acquire a suitable post in a top organization. This online program equips you with the skills and information required to develop a rewarding career in an abundance of work fields. You are unlikely to miss any important lectures since you will have access to both live and recorded content. MUJ has highly skilled and experienced instructors that provide quality education to assist you in advancing your career. The total cost for an MBA in HR is merely 1,50,000, which is approximately 37,500 each semester, with students having a variety of payment and financing alternatives. MUJ’s online degrees are globally recognized and generally accepted by governments and organizations, and they are on par with on-campus degrees in terms of opening doors to improved professional prospects. Also read: How to get a job in human resources without work experience Conclusion In conclusion, an MBA in HR is a transforming experience that improves one’s ability to manage, motivate, and drive success in today’s ever-changing business context. Human resources professionals help organizations stay competitive and prosper in changing marketplaces by developing an innovative and flexible culture. If you want to advance your career in human resources, getting a master’s degree is an ideal way to acquire the expertise and knowledge you require. Set yourself up for future success by developing a solid foundation in management studies as well as a diverse network of business contacts with MUJ’s online MBA in Human Resources and advance in your career.
Unlock higher positions and salaries with an MBA in Analytics and Data Science As businesses attempt to acquire a competitive advantage in today’s information-driven world, experts with analytics and data science knowledge are in great demand. Their skill set includes extensive machine learning, statistical analysis, and data visualization approaches, allowing them to identify valuable trends from complicated data. Analytics and data science experts are at the forefront of the ongoing digital transformation, with an ability to reshape corporate strategy and improve consumer experiences, which makes them vital resources in today’s labor market. According to the US Bureau of Labor Statistics, employment opportunities for data scientists are estimated to increase by 36 percent from 2021 to 2031. The growing relevance of data science will result in the development of nearly 11.5 million job opportunities by 2026. These trends clearly indicate an excellent time to start pursuing a career in data science. The growing importance of Analytics and Data Science Discussed below are some of the reasons for the growing importance of Analytics and Data Science. Impact of data on businesses In today’s hyper connected world, businesses create massive amounts of data ranging from customer behavior to market trends to operational indicators. Businesses may extract important insights and make educated decisions by leveraging analytics and data science and can use data-driven strategies to improve operational efficiency, optimize resource allocation, and personalize consumer experiences. Growing demand for data scientists Data scientists are adept at extracting useful insights, identifying trends, and making data-driven decisions, allowing firms to gain an edge. Advanced statistical tools, machine learning algorithms, and predictive modeling are used by these folks to uncover important trends that drive innovation, optimize processes, and improve consumer experiences. The growing need for data scientists underscores the realization that effectively harnessing data is critical for organizations to prosper in a data-centric world. The rising importance of data analytics in decision making Organizations are progressively becoming more reliant on data-driven insights. It helps businesses make educated decisions that enable them to optimize their operations, improve consumer experiences, reduce risks, and fuel ingenuity. As the demand for data-driven solutions continues to increase with the development of technology, the demand for talented data analysts and data scientists will skyrocket. Benefits of a broad business education combined with data analytics A broad business education coupled with data analytics enables professionals to arrive at data-driven decisions, spark inventiveness, and respond to the evolving needs of today’s business landscape. A firm understanding of key business concepts, strategies, and operations is provided through an extensive business curriculum, allowing professionals to pinpoint key business challenges and prospects. Overview of MBA in Analytics and data science ParticularsDetailsCourse Name Master of Business Administration in Analytics and Data ScienceSpecializationAnalytics and Data ScienceFieldManagementDuration 2 YearsCourse FeeINR 1,66,000 (INR 41,500 per semester)Work Experience No Work Experience RequiredJob Roles to ExploreData Analyst, Business Analyst, Data Scientist, Analytics Consultant, Data Engineer, Data Analytics Manager, Machine Learning Engineer, Business Intelligence Manager, to name a few. Key skills gained from an MBA in Analytics and Data Science An MBA in Analytics and Data Science provides professionals with a broad skill set that blends commercial knowledge with sophisticated analytical and data-driven abilities. The following are major skills obtained by pursuing this degree: Data analysis and interpretation: An MBA in Analytics and Data Science will help learners to analyze complicated data sets, extract significant insights, and interpret them in a business context. They gain knowledge of statistical methods, data mining, predictive modeling, and data visualization. Data governance and ethics: With the rising significance of data privacy and ethical concerns, an MBA in Data Science equips graduates with a solid grasp of data governance and ethics. They learn how to handle data properly while adhering to appropriate rules and ethical principles. This understanding assists them in navigating potential hazards and protecting the integrity of data and privacy. Programming: Proficiency in programming languages, including Python, R, and SQL, is a crucial skill gained through an MBA in Analytics and Data Science. Graduates develop the means to manage and analyze massive datasets using efficient and scalable programming, allowing them to extract useful insights while making data-driven decisions. Probability and Statistics: The program places a premium on a firm basis on probability and statistics concepts. Graduates have the knowledge and tools needed to analyze data, build statistical models, and make accurate inferences. As a result, they may make educated rulings and forecasts using data-driven insights. Data Wrangling and Database Management: MBA graduates in Analytics and Data Science have experience in data wrangling, which entails gathering, organizing, and transforming raw data into an analysis-ready version. They also learn database administration abilities, which allow them to properly structure and manipulate large amounts of organized and unstructured data. Machine Learning and Deep Learning: The program informs learners about machine learning algorithms and techniques and allows graduates to learn how to create and implement predictive models that can learn from data on their own, allowing businesses to generate more accurate forecasts and streamline their decision-making procedures. They also learn about deep learning, which is the process of educating neural networks to discover multifaceted trends and conclusions from massive datasets. Data Visualization: Data visualization is a crucial skill for voicing findings and choices to both technical as well as non-technical audiences. Graduates gain experience in developing visually engaging data visualizations using technologies including Power BI, Tableau, and Python libraries (Matplotlib and Seaborn). They learn how to communicate intricate details in a visually appealing and comprehensible manner, allowing for enhanced decision-making across organizations. Cloud Computing: As cloud technologies become more widely used, MBA graduates in Analytics and Data Science gain expertise in utilizing cloud platforms, for example AWS (Amazon Web Services), Google Cloud, and Microsoft Azure. They will learn how to store, handle, and interpret large-scale datasets efficiently on the cloud, leveraging their scalability and profitability to deliver commercial value. Also read: Why choose an MBA in Analytics & Data Science? Career opportunities and salaries after an MBA in Analytics and Data Science Here’s a tabular form showcasing some career opportunities and approximate salaries in Indian Rupees (INR) after completing an MBA in Analytics and Data Science: Career OpportunitiesAnnual Salary (INR)Data Analyst₹11.9 Lakhs Business Analyst₹15.3 LakhsData Scientist₹25.5 Lakhs Analytics Consultant ₹22 LakhsData Engineer ₹20.7 LakhsMachine Learning Engineer₹21.0 LakhsData Analytics Manager₹43.0 LakhsChief Data Officer₹129.8 Lakhs Get into well-paying jobs with MUJ’s online MBA in Analytics and Data Science Online MBA in Analytics and Data Science offered by Manipal University Jaipur through Online Manipal is designed to provide students with the skills and knowledge needed to thrive in the ever-evolving domain of analytics and data science. It integrates core business principles with specialized training in analytics and data science, resulting in a one-of-a-kind blend that equips participants for leadership positions in data-driven businesses and a range of alluring MBA data science jobs. This program’s foremost features comprise a comprehensive curriculum, knowledgeable instructors, and flexible online delivery. Statistical analysis, machine learning, predictive modeling, data mining, business intelligence, data visualization, and business intelligence are among the primary subjects covered in the curriculum. In addition, students get a firm basis in business administration, strategy, and leadership, ensuring that they comprehend the strategic repercussions of data-driven selection. Also read: Important concepts to learn during an MBA in Analytics and Data Science This online course provides numerous benefits for a career switch and advancement by enabling working professionals to obtain an online MBA without jeopardizing their careers. The online model enables learners to engage in coursework at their speed and balance their learning with work obligations. Furthermore, the program makes use of innovative online learning technologies, allowing students to participate in interactive conversations, collaborative endeavors, and real-world case studies, gaining practical knowledge and expertise. Expand your professional network by interacting with peers from all over the world and build connections with industry experts. Conclusion In conclusion, earning an MBA in analytics and data science offers a viable road toward higher roles and earnings in today’s demanding industrial scene. An MBA program’s interdisciplinary design enables graduates to navigate the gap between corporate strategy and technological implementation. Individuals with this peculiar amalgamation of business acumen and data experience are significant assets within organizations, capable of effectively presenting data-driven conclusions to both technical and non-technical clients. So enroll in an online MBA in Analytics and Data Science from a reputable institute such as Manipal University, Jaipur, and be a valuable asset to your organization.
How can you find a data science job in E-commerce? Are you fascinated by the world of data science and have a keen interest in the ever-growing realm of e-commerce? If so, you’re in luck! The convergence of these two fields has opened up exciting opportunities for aspiring data scientists. With the explosive growth of online retail and the increasing demand for data-driven decision-making, e-commerce companies are actively seeking talented individuals who can extract insights from vast amounts of data. An E-commerce data scientist qualifications encompass technical expertise, analytical skills, and industry knowledge. Thanks to the digital era, numerous online learning tools and specialized courses may help you land your dream profession. Overview of the e-commerce industry E-commerce has transformed how consumers shop and explore. The 1990s project is now a trillion-dollar business with several firms. E-commerce has revolutionized retail by offering unparalleled ease, accessibility, & variety for products and services. Data analytics and AI have helped e-commerce companies understand customer preferences, personalize marketing and optimize operations. By utilizing data science techniques, businesses can analyze vast quantities of consumer data, recognize patterns, and deliver customized recommendations, enhancing the purchasing experience. Job Roles in E-commerce Here are prominent job roles in e-commerce for data scientists: Job RolesAvg. SalaryData ScientistRs. 18 LakhsMachine Learning EngineerRs. 10.3 LakhsData AnalystRs. 4.1 LakhsBusiness Intelligence AnalystRs. 7 LakhsProduct ManagerRs. 16.9 Lakhs Skills required for data science jobs in e-commerce Having the necessary skills to thrive in the ever evolving data science e-commerce job market is essential. Data scientists in e-commerce must understand online retail’s particular challenges and opportunities. Here are some essential data science skills for e-commerce jobs: Data Analysis and Visualization Data scientists in e-commerce must be proficient at extracting, cleansing, and transforming large datasets. They should be skilled in programming languages such as Python or R and SQL for querying database tables. Moreover, proficiency in data visualization using tools such as Tableau and Power BI is essential for effectively communicating insights. Machine Learning and Statistical Modeling Data scientists in e-commerce must have a solid foundation in machine learning techniques, including supervised and unsupervised learning. They should be adept at applying algorithms for product recommendations, consumer segmentation, demand forecasting, and fraud detection. A/B Testing and Experimental Design Data scientists in e-commerce must be adept at designing and analyzing experiments to evaluate the impact of changes to website layout, marketing campaigns, pricing strategies, and product features. Finding a data science job in the e-commerce industry The e-commerce industry has become a thriving domain in today’s digital era, generating vast amounts of data from online transactions, customer interactions, and market trends. As a result, the demand for skilled data scientists in e-commerce has skyrocketed. To address this need, institutions like Manipal Academy of Higher Education (MAHE) have developed extensive data science courses to equip ambitious e-commerce experts. The data science course at MAHE stands out as a valuable resource for e-commerce data science professionals. The program’s curriculum is comprehensive, covering a wide spectrum of topics. Benefits of working in the e-commerce space The e-commerce space provides many enticing benefits and opportunities for data scientists beginning their data science e-commerce job search. Here are some significant benefits of working in the e-commerce sector: Rapidly Growing Industry The e-commerce business is growing rapidly, and as the sector grows, so are career progression and professional development possibilities. Innovation and Technological Advancements The e-commerce sector pushes limits and incorporates new technologies. Working in this field allows individuals to remain on the bleeding edge of technology, explore emerging trends, and utilize cutting-edge tools and platforms. Data-Driven Decision-Making Decision-making in e-commerce significantly relies on data analysis and insights. Thus, this industry may use data science, machine learning, and analytics to provide business-impacting suggestions. Tips for landing a job in e-commerce The following are a few tips for landing in an E-commerce business: Develop a Strong Foundation in Data Science Learn fundamental data science concepts like statistics, machine learning, and data manipulation. Learn about popular data science libraries and tools like Python, R, SQL, and Hadoop. These frameworks facilitate distributed computation and parallel processing, allowing you to handle large datasets efficiently. Focus on E-commerce-Specific Skills Understand consumer behavior research, sales forecasting, price optimization, supply chain management, and recommendation systems to gain domain knowledge of the e-commerce business. Learn techniques like customer segmentation, cohort analysis, and customer journey mapping. Learn about important indicators like conversion rates, customer lifetime value (CLV), and average order value (AOV). Understand the impact that these metrics have on business performance and decision-making. Learn how to analyze and understand these metrics to identify improvement possibilities and make recommendations based on data. Master Data Manipulation and Analysis E-commerce databases may be quite large and complicated. Develop excellent data manipulation abilities by working with Pandas, SQL, and Excel technologies. Practice cleaning, transforming, and analyzing data to obtain relevant insights that drive business choices. Conclusion The data science jobs market involves technical abilities, subject expertise, and innovation. These jobs require technical abilities, subject expertise, and innovation. To acquire these skills, you should immediately enroll in a data science course at Online Manipal to obtain the knowledge and skill to succeed in this swiftly expanding field. Visit Online Manipal for more information and to reserve your seat today.
Healthcare Management: Important stats & figures in 2023 Healthcare management relies on data-driven decision-making, from patient care and resource allocation to policy formation and financial sustainability. We obtain vital insights into the issues, trends, and innovations that drive healthcare forward by reviewing crucial facts and figures. Understanding the numbers behind the sector is critical in an era where healthcare systems continually adapt to meet the evolving needs of an ever-changing population. This blog will cover a variety of subjects, including healthcare spending, patient outcomes, workforce demographics, technological breakthroughs, and more. We will delve into the figures defining healthcare management trends, illuminating the intricacies of this critical industry. Join us on this statistical adventure as we uncover the key data that drive effective healthcare management. Whether you are a healthcare practitioner, policymaker, researcher, or simply interested in the business, this journey will provide valuable insights. Healthcare Management SystemAppointment/ Scheduling MonitoringSecurity Control Financial ManagementInventory Management Current trends in healthcare management Several prominent themes influence how healthcare organizations operate and offer services in the continually expanding healthcare management field. These developments show continual attempts to improve patient care, increase operational efficiency, and adapt to the industry’s changing needs. Let’s look at some recent developments in healthcare management. Digital Transformation The use of digital technologies has transformed healthcare administration. Electronic health records (EHRs), telehealth services, and mobile health apps improve communication between healthcare providers and patients. This can be done by streamlining processes, enabling remote patient monitoring, and strengthening communication between healthcare providers and patients. Value-Based Care The transition from fee-for-service to value-based care models is gaining traction. Healthcare organizations strive to deliver high-quality care and enhance patient outcomes while controlling costs. Value-based care emphasizes preventive care, coordination, and population health management. Data Analytics and AI Data analytics and artificial intelligence (AI) enable healthcare management to make well-informed decisions. Healthcare management data analysis helps identify high-risk patients, optimize resource allocation, and enhance operational efficiency. Interoperability and Health Information Exchange Achieving coordinated care requires seamless health information interchange across healthcare systems and providers. Interoperability projects attempt to improve data sharing by improving the accessibility, security, and effectiveness of essential patient information. Workforce Development Healthcare executives recognize the importance of competent and diversified staff. That’s why they constantly hire top talent, develop leaders, and foster an environment encouraging creativity and collaboration. Economic factors influencing healthcare management Economic variables are important in the healthcare management sector. These variables can influence the cost of healthcare, the availability of healthcare services, and healthcare management best practices. Some of the key economic elements that significantly impact healthcare management include: Cost of Healthcare: The cost of healthcare is a major economic factor that significantly influences healthcare management. Rising healthcare costs pose challenges for both patients and healthcare organizations. Parameters such as expensive medical technologies, increasing drug prices, and the growing demand for healthcare services contribute to the overall cost burden. Reimbursement Models: The reimbursement models established by government programs, private insurance companies, and other payers have a profound impact on healthcare management. The shift from fee-for-service to value-based reimbursement models has incentivized healthcare organizations to focus on quality outcomes and cost-effective care. Health Insurance Coverage: The availability and extent of health insurance coverage greatly influence healthcare management. The level of insurance coverage directly affects patients’ ability to access healthcare services, their choice of providers, and their willingness to seek preventive care. Government Regulations and Policies: Healthcare management is subject to a wide range of government regulations and policies that aim to ensure patient safety, privacy, and fair practices. These regulations, such as the Affordable Care Act in the United States, impact healthcare organizations’ operations, reporting requirements, and financial planning. Market Competition: Healthcare is increasingly driven by market competition, with various healthcare providers vying for patients and market share. The competitive landscape affects healthcare management decisions, including pricing strategies, service offerings, and patient satisfaction initiatives. Important Statistics & Figures In Healthcare Management Key data and healthcare management statistics provide vital insights into the dynamics and trends within the sector. Here are some key healthcare metrics to consider: Healthcare spending in various regions – US, EU, GCC, South/South East Asia, and India United States: The United States holds the top position globally in healthcare spending, with expenditures projected to exceed $3.8 trillion by 2020. This accounts for nearly 18.3% of the country’s GDP. European Union (EU): In 2020, healthcare spending in EU member countries is expected to exceed €1.07 trillion. Gulf Cooperation Council (GCC) countries: Comprising Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman, have increased their healthcare spending in recent years, surpassing $60 billion annually. South/Southeast Asia: Nations such as India, Indonesia, Thailand, and Malaysia have experienced a consistent increase owing to population expansion, rising incomes, and improved healthcare infrastructure. Number of healthcare providers The number of healthcare providers, including hospitals and primary clinics, depends on location and country. Currently, the USA has approx. 6000 hospitals, whereas india has 30,000 hospitals. Quality of care Quality of care indicators are patient outcomes, patient satisfaction scores, and adherence to clinical guidelines. These Indicators provide valuable insights into the effectiveness and safety of healthcare services. Healthcare institutions and regulatory authorities measure these variables to define the quality of care. Access to care The ability of individuals to acquire timely and affordable healthcare services is referred to as access to care. Metrics such as physician-to-patient ratios, appointment or procedure wait times, and healthcare coverage rates aid in assessing access to care across different locations. Growth in healthcare jobs From 2026 to 2031, healthcare employment is predicted to increase by 13%. The aging population and rising demand for healthcare services are driving the increase in healthcare jobs. Demand for healthcare managers Healthcare managers are in high demand. Healthcare managers must oversee healthcare service delivery and guarantee that care is delivered efficiently and effectively. Average salaries for healthcare management positions In India, the average income for a healthcare manager is 4.1 lakhs per year. This remuneration can vary depending on the organization’s size, level of expertise, and location. Individuals with a master’s degree in healthcare administration have higher earning potential than those with a bachelor’s degree. How to start a career in healthcare management? The first step towards owning a successful healthcare administration career is acquiring the necessary knowledge and skills. The online healthcare management course the Manipal Academy of Higher Education (MAHE) offers can be your road map. This extensive program provides a practical and flexible way to acquire the knowledge required to succeed in this fast-paced industry. By enrolling in the MAHE online course, you can learn about important subjects, including healthcare administration, finance, policy, and leadership. Additionally, MAHE’s reputation as a premier educational institution guarantees that you will receive excellent training from knowledgeable professors with experience in healthcare management. Open the doors to a fulfilling career in healthcare management with MAHE by taking the first step today. Conclusion Investigating significant statistics and data on healthcare administration offers insightful knowledge of healthcare management challenges. From healthcare spending to service quality and accessibility, these figures impact the environment in which healthcare managers work. Healthcare management is a sector with many difficulties, but it also has ample room for development. Healthcare managers can navigate the changing environment, optimize resource allocation, improve patient care, and promote organizational success by staying updated about crucial data and statistics.
Invest in equity for long-term financial success In today’s world, most of us are trying to make money by working as an employee in one company or the other. But if we fail to realize the powerful employee who can bring more money for us then he will become a terrible master who’ll make us work for him throughout our life. He is none other than “Mr. Money”. If we employ “Mr. Money” in an asset where he will grow faster than inflation, he will bring more money and free us from working for money. Why is investment a key requirement for financial growth? Investment is a key requirement for financial growth because it allows individuals, businesses, and economies to generate income and build wealth over time. By allocating resources to productive assets, investments can yield returns and contribute to overall economic prosperity. While there is risk involved in investing, not investing is also risky. Numerous alternative investment options are available to meet the diverse needs of investors across the globe. Bank deposits, gold, real estate, bonds, and equities are just a few of the many investment options. Also read: Digital transformation in the world of securities and capital markets What makes equity the most promising investment option? Previous studies proved that equity investment is the most promising avenue that gives better returns in the long run. However, investing in equity involves higher risk and complication. This is mainly because equity share prices fluctuate in a short time. But, in the long run, if the business performs well, the equity share price will increase and give a better return. For example, since the beginning, BSE Sensex (a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange) moved from the base value of 100 in 1979 to 61000 in 43 years. This is a Compound Annual Growth Rate of 16.08% which is a stunning performance compared to any other asset class during this period. However, Sensex ended with negative returns many times during these four decades, mainly due to the Harshad Mehta scam and market manipulation. The stock market registered stunning performance in 1991, and it collapsed when the news broke out in 1992. Similarly, in 2000, several tech companies have achieved great success in stock markets which also collapsed sooner. The stock market wiped out large sums of investors’ wealth during 2007-08 due to the US financial crisis and its aftermath. In the recent past, we have witnessed the Covid-19 impact on the stock market across the globe. Despite having these many setbacks and turbulence since 1979, Sensex delivered a better return than any other asset class in the past four decades. The return has been calculated without considering the dividend yield. The below table presents the current value of ₹ 10000 invested in Sensex every year from N years ago. Present value of yearly investment of ₹ 10000 which was started from N-years ago. Investment Started Total Investment Current Value 5 years from 2018 ₹ 50,000 ₹ 64,801 10 years from 2013 ₹ 1,00,000 ₹ 1,79,673 20 years from 2003 ₹ 2,00,000 ₹ 7,13,125 30 years from 1993 ₹ 3,00,000 ₹ 24,49,441 40 years from 1983 ₹ 4,00,000 ₹ 1,36,08,844 Source: Data collected from Bombay Stock Exchange and calculated. Every one of us wishes to have a bright future. But the future lies in what we are doing today and not what we will be doing tomorrow. So, to have a financially sound future, start investing your money wisely from today. Check out: Fiscal policy of India: Union budget 2023-24 Develop a better understanding of investment products with an online BCom/MCom from MUJ The most complicated process in equity investment is to identify the company for long-term investment. To find a potential firm to invest in, one requires a good education in accounting, finance, and various business operations. One of the best ways to acquire the skill set to become a stock picker is to enroll in BCom / MCom courses. Directorate of online Education, Manipal University Jaipur (MUJ), offers UGC entitled online BCom and MCom courses for all those who are interested in learning accounting and finance without taking a break from their regular job or profession at affordable cost.
The role of technology-based CRM in customer engagement Importance of Customer Relationship Management (CRM) It is not an old notion to promulgate customer retention over finding a new one as it is more cost-effective and brings better results. It all starts with identifying a customer’s lifetime value and targeting customers of high net worth. Customer Relationship Management (CRM) plays a significant role in sustaining a customer for a longer time and bringing more sales from the existing one. The idea is about engaging a customer in a meaningful way to extract information, data, and eventually sales from them. Therefore, connecting a company with the masses and still maintaining the details of individual customers is a task to be handled with care. It is an art in which humans are dexterous, as they can understand individual needs and psychology. The rise of technology-based CRM To implant a human-enabled system, software, and process is an integral part of CRM. They must work in tandem to produce effective results for the organization. This could germinate a debate over the use of technology-enabled CRM and its potential to replace the human touch. Interactive Voice Response (IVR), Artificial Intelligence enabled chatbots are replacing live human calls and direct interaction with the salesperson. “Generation Z” is used to this change, but “Generation X” is missing this human touch and live interaction with the seller or its agents. Therefore, the debate is apparent regarding the use of technology in CRM over human involvement. No doubt that technology-based CRM is less costly, can reach the masses, and produce efficient results through data mining, and can be helpful in faster interaction with clients. But it’s all time and all situation usage are not possible or could produce unsatisfactory results. As a marketer, you must create an attempt in identifying the venues where technology-based CRM can be effective and helpful in customer retention. Some of them are as follows – Technology-based CRM can create a customer data-based management system. This system has the potential to create a dashboard for each customer, which includes customers’ personal information, buying habits, and sales records. Example: Salesforce and Zoho CRM systems and applications. Marketing automation software such as Hubspot and Marketo are also available and are useful in sending bulk mails and messages to customers. Social media monitoring tools such as Hootsuite and TweetDeck helps in integrating and using all social media platform simultaneously to send common messages across these platforms. Chatbots and customer analytics tools are also helping sellers in extracting customer requirements and hence creating customize plans. Check out: Intellectual property rights: All you need to know! The future of technology-based CRM There are some situations where technology-based CRM may not be as effective as direct human interaction to establish a better brand image. There are two possible situations where interaction between the company and its customers may take place. First is a company trying to reach customers to promote its product or to educate a customer about its brand, service processes, etc. Next is a customer who wants to interact with a company for seeking help or writing a complaint. The former may demand the use of technology-based CRM, whereas the latter may seek a human touch. Nevertheless, the use of technology in CRM has reached another level where technology can prompt and motivate a customer to give a response. Gamification is one such tool that helps in getting client responses and referrals. Leader boards, treasure hunts, contests, and events are hosted by the websites where participants get rewards in the form of discounts, offers, and rebates. Personalized information obtained through data mining may result in many customers having similar choices. The cost of finding new customers could be calculated easily with the help of CRM technologies using customer analytic tools. Attention could be paid to the fence sitters (ones who are looking to switch brands), low-profit customers, customers purchasing only a single product line, and customers who need extra services. This eventually helps companies to reduce customer attrition rates and achieve better profit margins. Missing human touch in CRM may not be a problem for Generation Z customers, as they are accustomed to using technology. Henceforth, the future of the use of technology in CRM is bright, and it seems to have an edge over the traditional mode of CRM. Also read: Digital transformation in the world of securities and capital markets Acquire deeper understanding of CRM with an online MBA from Manipal University Jaipur An MBA provides a valuable opportunity to delve into the realm of Customer Relationship Management (CRM) and its applications. Through comprehensive coursework and practical experiences, an MBA equips individuals with the necessary knowledge and skills to understand the intricacies of CRM and its impact on organizational success. By studying CRM within the broader context of business strategy, marketing, and data analytics, MBA graduates gain a holistic understanding of how to effectively manage customer relationships, enhance customer satisfaction, and drive business growth.
Top online degrees that are worth investing in 2023 The present-day higher education environment has seen an immense spike in the popularity of online degrees, reflecting a paradigm transition in the pursuit of educational credentials. The advances in technological innovations have made online learning a more readily available and seamless venture. Individuals from various backgrounds can easily access virtual courses and interact with learning resources at their own pace, irrespective of geographical limits, thanks to the growth of high-speed internet connections. The rising acceptance and recognition of online degrees by renowned institutions and organizations have spurred an upsurge in demand for online degrees. Furthermore, businesses are now recognizing the rigor of online degrees, realizing that applicants with such credentials possess the necessary abilities and discipline to prosper in today’s job market. Advantages of online degrees for students and working professionals Here are some advantages of online learning for both students and working professionals: Higher ROI Online learning offers an appealing solution for individuals and organizations striving towards higher ROI in their academic endeavors by optimizing resources and delivering accessible, low-cost, and flexible learning possibilities. Participants can access a wide choice of courses at cheaper costs than traditional ones, minimizing expenditures on commuting, lodging, and learning resources. Specialized competencies and expertise earned through online education improve employability and boost the likelihood of landing higher-paying job prospects. Learn while you earn The “Learn while you earn” concept exemplifies the exceptional benefit of online learning since it allows individuals to continue their education while working. This adaptable arrangement allows learners to improve their abilities and knowledge without jeopardizing their earnings or professional development. So, professionals who embrace online learning can grab the opportunity to upskill themselves, remaining competitive in today’s quickly changing work market while earning a living. Flexible learning The flexibility of online learning allows participants to devise an educational experience tailored to their individual needs, improving their chances of success and overall satisfaction throughout their educational journey. Furthermore, online education allows students to learn from any location, erasing the geographical restrictions associated with traditional education. Easily accessible e-learning content Online education’s e-learning content is digital, hence it is easy to update and revise, assuring participants have access to the most up-to-date and relevant content. Online edcation’s readily available e-learning content widens the scope of education by making skills and knowledge available to a broader demographic and fostering continuous learning. Low cost (for working professionals) Online learning is a more cost-effective option compared to traditional schooling for individuals looking to expand their skills while keeping their financial obligations in check. Online learning enables working individuals to invest in their vocational growth without incurring substantial financial burdens, which makes it an appealing alternative for career growth and development. Global networking Online learning systems connect a varied community of learners from various geographical regions, backgrounds, and professional fields. This worldwide reach allows individuals to broaden their network and interact with peers, educators, and practitioners from all around the globe stimulating a rich and interactive educational setting. This worldwide networking additionally opens avenues to novel career possibilities, as learners can create cross-cultural relationships with experts in their field of expertise. Also read: Online degrees make graduation more accessible and affordable. Infographic Idea Major benefits of online education Higher ROI Learn while you earn Flexible learning Easily accessible e-learning content Cost effectiveness in comparison to traditional education Global networking opportunities Top online undergraduate degrees in demand in 2023 Higher learning as a field has evolved substantially over the previous few decades, owing mostly to the introduction of technology and tech-savvy consumers or students. As you adjust to the shift, you must choose an educational path that leads to favorable work opportunities. The following are the most in-demand online degree programs in 2023, all of which provide excellent work opportunities. Bachelor of Business Administration (BBA) BBA is an undergraduate degree program that gives a solid foundation in numerous facets of business management. This program provides students with the information and skills required for success in a dynamic and competitive corporate world, with an eye on management, business strategy, and analytical thinking. Key subjects in BBA: Business Environment Human Resource Management Financial Management International Marketing Business Analytics Customer Relationship Management Top job roles for BBA Graduates: Business Analyst Operations Analyst Brand Manager E-Commerce Manager HR Manager Business Administrator Bachelor of Computer Applications (BCA) The BCA degree program provides learners with a solid grounding in computer science and its applications. This three-year degree fosters competency in programming, software development, database administration, and networking, preparing graduates to excel in the dynamic world of IT. Key subjects in BCA: Fundamentals of IT and Programming Data Structures and Algorithms DBMS Principles of Financial Accounting and Management Web Design Mobile Application Development Top job roles for BCA Graduates: Software Developer Web Developer System Administrator Mobile App Developer Technical Writer Technical Support Engineer Bachelor of Commerce (B.Com) The B.Com program teaches students about business fundamentals, financial management, marketing, accounting, and economics. It provides graduates with the information and skills they need to pursue professions in a variety of fields, including banking, marketing, and consulting. Key subjects in B.Com: Economic Theory Fundamentals of Accounting Financial Management Corporate Accounting International Trade and Finance Principles and Practice of Auditing Top job roles for B.Com graduates: Cost Accountant Tax Consultant Finance Auditor Investment Banker Business Development Executive Financial Analyst Note: These subjects may vary with program and university Top online postgraduate degrees in demand in 2023 Listed below are the various top online degrees 2023 compilation which will be in high demand due to recent developments and shifting job sectors. Master of Commerce (M.Com) M.Com is a postgraduate program designed to provide individuals with advanced skills and expertise in multiple facets of business and commerce. This program provides a comprehensive curriculum spanning accounting, economics, finance, strategic management, and marketing, equipping graduates for lucrative careers in business. Key subjects in M.Com: Management concepts and Organizational Behavior Managerial Economics Financial Management Business & Economic Laws Financial Accounting & Reporting Top Job Roles for M.Com graduates: Internal Auditor Personal Finance Consultant Corporate Analyst Asset Manager Financial Risk Manager Cost Accountant Master of Business Administration (MBA) MBA is a highly regarded postgraduate degree that provides an in-depth knowledge of various business disciplines. It prepares individuals for senior-level jobs and career development in an assortment of industries and sectors by providing them with advanced management, leadership, and strategic traits. MBA Program offered by MUJ- Manipal University Jaipur (MUJ)’s online MBA program/trains you to emerge as an innovator in the current climate of competition. Learners may develop successful career trajectories in the domain and industry of their choice by selecting from 13 industry-focused electives Key Subjects in MBA offered by MUJ: Management Process and Organizational Behavior Human Resource Management Production and Operations Management Legal Aspects of Business Strategic Management and Business Policy Specializations: Finance Marketing HRM Analytics & Data Science Retail Management BFSI IT & Fintech Operations Management International Business Information System Management Project Management Supply Chain Management Total Quality Management Job Roles for MBA grads: General Manager Finance Manager Operations Lead HR Associate Digital Marketer Supply Chain Manager Online MBA offered by MAHE (Manipal Academy of Higher Education) The online MBA offered by MAHE is intended for working individuals seeking significant leadership positions in enterprises across the globe. Key Subjects in MBA offered by MAHE: Managing People & Organizations Financial Reporting & Statement Analysis Business Leadership Management Accounting Entrepreneurship and Innovation Specializations: Finance Marketing HRM Information Systems Business Analytics Data Science Operations Management Healthcare Management Pharmaceutical Management Fashion Management Job Roles for MBA grads: Marketing Director HR Director Finance Officer Operations Manager Senior Product Manager Management Consultant MBA BKFS (MBA in Banking and Financial Services) The MBA in BKFS offered by T.A. Pai Management Institute provides students with a comprehensive awareness of the evolving banking business, as well as advanced skills and expertise to navigate complicated financial environments. The program focuses on strategic planning, financial analysis, and risk management, empowering graduates for jobs in financial leadership. Key Subjects in MBA in BKFS: Financial Accounting Corporate Finance IT in Banking Economic Policy Analysis Insurance Management FinTech and Role of Emerging Technologies in Finance Job Roles for MBA in BKFS grads: Wealth Manager Investment Banking Financial Risk Manager Financial Analyst Credit Risk Analyst Treasury Manager Fund Investment & Services M.Sc. DS (Master of Science in Data Science)- The online MSc in Data Science offered by MAHE (Manipal Academy of Higher Education) is created for professionals who want to flourish in the in-demand field of data science. The program aims to prepare students for analytical and leadership roles in a variety of industries through the integration of machine learning, statistics, big data analytics, and visualizations. Key Subjects in M.Sc. DS: Computational Mathematics Programming with R and Python Linear Regression Models Machine Learning Methods Applied Data Analytics Job roles for M.Sc. DS grads: Data Scientist AI Engineer Machine Learning Expert Business Intelligence Analyst Big Data Engineer Data Engineer Master of Science in Business Analytics (M.Sc. BA) This online MBA course in Data Science seeks to upskill and upgrade professionals with the most recent and in-demand skills and techniques in the discipline of Data Science. Key Subject in M.Sc. BA: Financial Reporting & Statement Analysis Business Statistics Applied Multivariate Data Analysis Data Visualization Deep Learning and Text Mining Associated Job roles: Marketing Research Analyst Database Developer Data Security Analyst Data Scientist Data Analytics Manager Bioinformatics Analyst Master of Computer Applications (MCA) This online MCA program is designed for professionals interested in becoming strategic, creative technology professionals in today’s data-driven digital environment. Key Subjects in MCA: Programming in C Advanced Database Management System (DBMS) Web Technologies Advanced Software Engineering Programming in Java Job roles for MCA Grads: Full Stack Developer Software Engineer Database Programmer Cloud Architect Database Engineer Network Engineer Online Manipal – A top choice for online education Manipal University Jaipur offers UGC-entitled online programs in management, computer applications, commerce, media and journalism through Online Manipal. Participants will go through the rigors of conventional courses while gaining knowledge from the convenience of their own homes with these programs. The online programs are recognized at par with on-campus degrees and are globally recognized and accepted by governments and organizations. Also read: Trending online degrees that you should pursue in 2023. The key highlights of the online Manipal include: Innovative online educational platform for comprehensive education UGC-entitled courses Expert faculty and seasoned mentors Job placement assistance and career counseling Student portal to contact the professors. Enhanced job prospects Conclusion In conclusion, the growing market for online education might be attributed to the confluence of technology improvements, academic acceptance, and the flexibility it provides learners. Online degrees are going to be a formidable power in the domain of higher learning, catering to the varying needs of worldwide learners yearning for knowledge and self-improvement as the virtual sphere expands and refines educational prospects. Check out the Online Manipal website to know more.
PGCP in Logistics and SCM: How will it benefit Operations Managers? Operations and supply chain management are important for any business. Operations management involves supervising the day-to-day activities that transform inputs into outputs. Supply chain management coordinates and optimizes procurement, manufacturing and distribution. An organization’s logistics and supply chain operations depend on its management strategies’ efficacy. Numerous online institutions offer specialized programs, such as advanced PGCP in logistics & SCM course curricula, to satisfy the growing demand for competent professionals. Let’s explore how PGCP in logistics and SCM benefits operation managers. What is PGCP in Logistics and SCM? PGCP in Logistics & SCM is a certificate programme in logistics and supply chain management. This programme is now usually provided by online institutions. It is designed for individuals with a bachelor’s degree or relevant professional experience. Possessing specialized knowledge and skills in logistics and SCM can open doorways to various exciting opportunities within the industry in a competitive employment market. The PGCP in logistics & SCM course curriculum is designed to provide students with a comprehensive understanding of logistics and supply chain management. It also concentrates on the practical skills and techniques necessary to optimize the performance of supply chain operations. The programme may include case studies, simulations and hands-on projects to provide students with a realistic understanding of the challenges encountered by logistics and SCM operations managers. Moreover, the programme equips operations managers with the skills to manage risks and effectively mitigate supply chain disruptions. Benefits of a PGCP in Logistics and SCM for Operations Managers Here are the PGCP in logistics & SCM key benefits that Operations Managers can gain after completing the course: Improved Knowledge and Skills Operations managers who complete a PGCP in Logistics & SCM can acquire advanced knowledge and abilities, one of the most significant advantages. The programme curriculum encompasses various topics, from supply chain management fundamentals to the most cutting-edge logistics operations trends and technologies. This program can offer operations managers the chance to learn from industry professionals and network with colleagues in the field. Numerous programmes feature guest lectures from professionals with real-world experience in logistics and supply chain management, allowing students to benefit from their knowledge. Furthermore, networking opportunities can help operations managers develop relationships with other professionals, leading to new employment opportunities or business partnerships. Enhancing Opportunities for Career Advancement Operations managers can demonstrate their awareness of current challenges and opportunities, making them extremely valuable to organizations seeking individuals who can drive innovation and efficiency in supply chain operations. By demonstrating their familiarity with the most recent PGCP in logistics & SCM industry trends, operations managers can establish themselves as strategic thinkers and valuable contributors to the success of their organizations. PGCP-trained operations managers can analyze the financial impact of implementing new technologies, process enhancements, and strategic partnerships. This skill set is in high demand by businesses seeking to optimize supply chain operations. By demonstrating their proficiency, operations managers can make a compelling case for contributing to the organization’s development. Let’s see the various PGCP in Logistics & SCM job opportunities: RolesAvg. Salary (Annually)Supply Chain ManagerRs. 13.1 LakhsLogistics managerRs. 6.6 LakhsTransportation managerRs. 4.3 LakhsInventory managerRs 3.9 LakhsProcurement managerRs. 11.2 Lakh Increased Efficiency and Productivity Operations managers acquire valuable knowledge about best practices and optimisation strategies to streamline processes and eradicate bottlenecks. They learn to increase supply chain efficiency in inventory management, transportation, and warehouse operations. This may lead to decreased lead times, enhanced resource utilization, and increased productivity. By acquiring advanced knowledge and abilities in logistics and SCM, one can utilize technology and software solutions that automate and expedite various supply chain components. They can use data analytics and performance metrics to determine areas for improvement, make educated choices, and drive the continuous optimisation of processes. Learn PGCP in Logistics and SCM at MAHE Manipal Academy of Higher Education (MAHE) provides a comprehensive PGCP in Logistics & Supply Chain Management (SCM) aimed at providing professionals with the knowledge and skills necessary to excel in the dynamic field of logistics and SCM. MAHE’s curriculum includes supply chain strategy, procurement management, inventory optimisation, transportation planning, warehouse management, and global supply chain networks, among other topics. Participants acquire an in-depth comprehension of industry trends and emerging technologies, allowing them to remain ahead of the curve in a constantly evolving field. Students acquire specialized knowledge by enrolling in the PGCP in Logistics & SCM programme at MAHE, and joining a thriving network of professionals programme facilitates opportunities for collaboration and networking, allowing students to engage with industry colleagues, alumni, and potential employers. Conclusion Obtaining a PGCP in Logistics & Supply Chain Management (SCM) provides numerous advantages for operations managers, including improved knowledge and skills, enhanced career advancement opportunities, and increased efficiency and productivity within supply chain operations. So, are you prepared to pursue a rewarding logistics and supply chain management career? Manipal Academy of Higher Education (MAHE) offers an excellent PGCP in Logistics & SCM programme. Do not pass up this chance to advance your career and make an impact in the logistics and supply chain management industry. Enroll today and embark on a path to professional development.
