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Why you should be industry ready before you appear for placements

To compete in today’s highly competitive job market, it is important for students to be industry ready while appearing for their placement interviews. It has become increasingly difficult to find jobs, so students must make the best use of their placement interviews. While they already have exposure to attend interviews conducted by top companies, they must showcase the best version of themselves while appearing for the interview. 

What is industry readiness? 

Every organization hires employees that possess technical skills and personal attributes to be able to perform well on the job. Industry readiness means having the right skillset and knowledge to become employed and stay productive in current industries. Industry readiness not only improves your employability, but also helps you secure a job that fits you well. In today’s competitive world, graduates must be industry ready even before they appear for their first job interviews. 

While you theoretically learn the skills you need on the job during your program, it is important to practically acquire the skills before you sit for placements. Here’s why it is important to be industry ready.  

Also read: Top soft skills required for today’s global workforce

Improves employability 

Industry readiness massively improves your employability, considering you have all the skills and knowledge to become a future-ready professional. You will be noticed for your knowledge, mindset, opinions and thoughts. At the end, you want to be employed in your dream company, being industry ready helps you stay ahead in the game.  

Higher pay scale 

When you are industry ready, the employer is aware that you are an asset to the organization. So, you can ask for a better salary, which leads to a great career start. 

Tests your knowledge 

Being industry relevant helps the employer test your knowledge about your chosen domain. You must follow market trends and keep yourself updated on the latest developments. Being updated creates a good impression and reflects your interest in getting the job. This helps the employer recruit you with greater confidence and trust.  

Check out: What do recruiters across domains/ industries look for in candidates?

Boosts confidence 

If you have all the skills required to be industry-ready, like communication skills, interpersonal skills, technical skills and knowledge, it boosts your confidence and helps you prepare well for the placement interview. This not only boosts your confidence, but also the employer’s confidence in you. 

Gives you the edge 

Being industry ready gives you a competitive edge in the sense that you can stay ahead of others. When you are talented and possess industry skills, employers believe that you will make meaningful contribution to the organization. In essence, it is important to think outside of the box.  

How to be industry ready? 

You cannot get industry-ready in a day. In involves constant efforts by students to acquire the necessary skills and knowledge. Here are some ways of getting industry ready- 

Resume building skills 

A resume creates the first impression of the candidate. For your application to stand out, you must create a crisp, to the point resume that is attractive. Highlight your skills and accomplishments according to your job profile and you are good to go. 

Check out: Hear from OM learners on how they have been trained to face placements 

Practical knowledge 

Practice whatever you learn theoretically. If you can implement your theoretical knowledge practically, there is a high chance that you will get hired. These days, employers don’t bother much about your grades, rather they want you to possess industry-relevant skills.  

Consider taking up online courses 

There are plenty of free online courses that will improve the skills you need to work on. Spend some time building on new skills or enhancing your existing skills.  

Strengthen your weakness 

Everyone has their share of strengths and weaknesses; however, it is important to work on your weak areas or at least convey to the employers that you are ready to learn from your mistakes. This also proves your honesty and improves employability. 

Hone your communication skills 

Communication is key. The way you communicate reflects your character and mindset. Therefore, it is important to have a good command over English to speak confidently. It is also important to strike the right tone while answering questions.  

Also read: Landing your dream job after an online course: Tips and tricks

Time management skills  

Ensure you are on time for the interview, as it reflects your punctuality and creates a good first impression. Time management not only helps you in your placement interview, but also improves your professional life.  

Placement interview is an essential event in the life of a student who wishes to explore a successful career. So, students must make the best of it to get their dream job. Now that you know why industry readiness is important, follow the above tips and ace your interview.  

Online Manipal’s industry-readiness sessions prepare learners for the job market

Online Manipal ensures that students enrolled in different online courses acquire the skills necessary to succeed in today’s corporate world. Various sessions on communication, teamwork, leadership, critical thinking, and problem-solving are conducted to boost the learners existing skillset and make them aware of the industry requirements. These skills will not only help them secure jobs but also thrive in their respective jobs successfully.

How banking professionals can leverage risk analytics

In today’s dynamic and complex financial landscape, banking professionals face the ever-present challenge of effectively managing risks while maximizing returns. Risk analytics has emerged as a crucial tool, offering a data-driven approach to assess, measure, and mitigate potential threats. 

By harnessing the power of advanced statistical models, machine learning algorithms, and artificial intelligence, risk analytics enables banks to proactively identify vulnerabilities, optimize risk-taking decisions, and strengthen overall resilience. Leveraging risk analytics strategically empowers banks to stay afloat in turbulent times and foretell market shifts while safeguarding stakeholder and client interests. 

Also read: Decoding the impact of big data analytics in the banking sector

Why banking professionals must know and use risk analytics 

Discussed below are some ways banking professionals can use risk analytics:

  • Assessing credit risk: 

Risk analytics in credit risk requires the collection and analysis of enormous volumes of data to assess borrowers’ creditworthiness. Advanced statistical models are utilized to analyze factors, including past payment behaviors, debt amounts, and economic conditions to calculate the likelihood of defaults. Banking professionals can set suitable credit limits, make wise lending decisions, and protect the general well-being of their loan portfolio by deploying risk analytics in credit risk management.

  • Assessing market risk: 

Leveraging complex models to figure out the bank’s susceptibility to market fluctuations is a key component of risk analytics in assessing market risk. These models take into consideration several variables, including correlations between various assets, volatility, and previous market data. Banking professionals can optimize portfolio allocations, and shield the institution from the adverse implications of market volatility by implementing risk analytics in market risk management.

  • Assessing operational risk: 

Using scenario-based simulations and historical event analysis, risk analytics for operational risk aids in pinpointing vulnerabilities and projecting potential losses. Banking professionals can reinforce internal controls, enhance operational effectiveness, and proactively mitigate operational risks by incorporating risk analytics in operational risk management.

  • Becoming risk intelligent by developing effective strategy 

Professionals can proactively manage risks by establishing credible risk-measuring metrics, cultivating a risk-aware culture, and developing robust risk governance. Additionally, having laid out risk mitigation strategies in place, like diversification and contingency measures, makes the institution more resilient to risks. A streamlined risk strategy assists employees to make data-driven decisions and respond quickly to emerging risks, preserving the organization’s integrity and performance in the turbulent financial environment.

  • Predictive analysis

In banking, predictive analysis is a potent technique that imparts professionals the ability to anticipate future developments while making smart choices. Predictive analysis aids in forecasting potential dangers, market trends, and consumer behaviors by analyzing historical data and deploying statistical models. Professionals can evaluate investment plans through market trend research, analyze credit risk by forecasting loan defaults concerning past data on borrowers, and increase operational efficiency by spotting patterns of failure. 

Also read: Why BFSI professionals must possess analytics skills

Risk analytics with digital transformation 

The preference of risk analytics has ascended to a paramount status in today’s era of digital transformation. The amalgamation of advanced technologies and the digitization of critical business processes have bestowed organizations with copious data, necessitating their ability to wield analytics effectively to detect potential risks and derive actionable insights. 

The interconnected nature of digital ecosystems and escalating cyber threats highlight the significance of identifying and mitigating vulnerabilities. Risk analytics not only aids in preserving operational resilience but also facilitates adaptive responses to ever-evolving market conditions and consumer trends. Embracing sophisticated risk analytics is fundamental for data-driven decision-making and securing a reputable and prosperous digital trajectory.

How banks and financial institutions use data analytics to manage risk 

Banks and financial institutions strategically employ data analytics as an instrumental facet of their risk management framework. Leveraging data for risk management and the profound utilization of data analytics extends to multifaceted aspects of risk management listed below:

  • Fraud detection

In the realm of fraud detection, financial institutions harness the potential of data analytics to detect anomalies in vast transactional datasets, resulting in predictive identification of fraudulent patterns and safeguarding both institutional and customer assets.

  • Compliance and regulatory reporting

Addressing the formidable challenge of compliance and regulatory reporting, financial establishments deploy data analytics prowess to scrutinize vast datasets, ensure adherence to stringent regulatory norms, and yield timely and accurate reporting, safeguarding the institution from non-compliance penalties.

  • Liquidity risk management

Liquidity risk management finds boosted efficacy through data-driven predictive modeling, providing astute foresight into cash flow dynamics and capital allocation, cultivating a robust liquidity profile underpinning operational continuity.

  • Cybersecurity risk assessment

The fortification of cybersecurity defenses becomes increasingly imperative in the digital age, wherein data analytics acts as a bastion against cyber threats. Financial institutions rely on data-driven insights to monitor network data, user behaviors, and security logs, fostering proactive cybersecurity measures to protect sensitive financial information.

  • Customer risk profiling

In crafting comprehensive customer risk profiles, data analytics transforms intricate transactional histories, behavioral patterns, and demographic indicators into actionable intelligence. Thus, it enables personalized risk assessments and targeted risk management strategies.

  • Stress testing

Stress testing, a cornerstone of risk management, benefits substantially from data analytics-based simulations, modeling adverse scenarios to gauge the resilience of risk management frameworks and identify areas warranting fortification.

  • Portfolio optimization

Portfolio optimization gains predominance through data-driven asset performance analysis, risk exposure assessments, and dynamic correlation assessments, culminating in diversified and judicious risk management practices.

Why you should pursue TAPMI’s online MBA in BKFS 

The online MBA in BKFS (Banking and Financial Services) from T.A. Pai Management Institute offered through Online Manipal is ideal for working professionals who want to advance their careers. Candidates can choose the program’s Analytics for Banking and Finance elective, which is designed to provide them with the advanced analytical abilities they require to excel in the field of banking and finance. Participants will delve into key subjects and topics such as credit rating models, risk management, and financial forecasting. 

Also read: How TAPMI online MBA-BKFS electives help professionals tailor their career paths

Learners are equipped with important insights to make wise decisions in the evolving banking and finance landscape via practical applications and real-world case studies. TAPMI’s eminent faculty and comprehensive curriculum provide an in-depth grasp of current business movements, fostering leadership and analytical skills. In the long run, this program equips graduates with the expertise and abilities needed to break into the demanding financial industry.

Conclusion 

Although organizations can use different risk analytics methods, the fundamental ideas behind banking industry risk assessment are the same, and have a strong foundation in risk management. Risk analytics benefits in banking are massive, and establishing a solid framework will enable organizations to make full use of risk analytics models. This keeps businesses and employees safe while also ensuring their ability to compete in a data-driven society.

Are You Cut Out for a Career in Data Science?

Data is central to decision-making in the modern world, aiding analysis and predictions. It helps businesses know their customers and their preferences. Thus, data usage boosts strong customer relationships, allowing companies to stay ahead of their competition.

Every day, massive amounts of data are generated. Organizations need experts, like data scientists, to interpret this data and derive insightful information. They fill the gap between raw data and useful insights. This process enhances strategic decisions, boosts growth, and promotes operational effectiveness. Thus, the demand for data scientists has grown exponentially and is projected to increase shortly.

However, before you dive into this field, assess if you have the right skills and interests to succeed. If you align with the traits of successful data scientists mentioned in the article and are committed to continuous learning, a career in data science can be rewarding and impactful.

Understanding the Data Science Landscape

Before determining your data science career suitability, you must know what exactly does the domain entails. Simply stated, data science integrates math and statistics to find hidden insights an organization can use to achieve short- and long-term goals. It entails collecting, cleaning, analyzing, and visualizing data.

In addition, it involves building prediction models and machine learning algorithms. Its goal is to use data to make informed decisions and solve complex real-world problems.

Let us look at the various domains where data science draws from:

DomainWhat is it about?
StatisticsDescriptive or Inferential Analysis Hypothesis TestingProbability TheoryEstimation Methods
Computer ScienceMachine Learning AlgorithmsData Visualization ToolsNatural Language ProcessingBig Data Technologies
Predictive AnalysisPredictive Modeling TechniquesTime Series ForecastingRegression Analysis

An important point to remember is that understanding data requires industry-specific knowledge. Data scientists require domain expertise in healthcare, finance, or marketing, depending on the application. Understanding the context and nuances of the data is critical for accurate analysis and interpretation. Following are the industries that benefit from data science:

  • Retail

Data science applications in retail have allowed businesses to build products based on customer preferences. The business can ascertain consumer preferences regarding price, likes, and dislikes through market-based analysis.

  • Banking, Finance Services, and Insurance (BFSI)

By employing data science to detect fraud, BFSI has reduced its losses. Data science has impacted risk modeling, customer support, and effective customer data management.

  • Healthcare

Application of data science in healthcare includes storing, using, analyzing, and building on medical information obtained during disease diagnosis.

  • Entertainment

Studios and networks use data to analyze viewer responses and adjust content accordingly. If you want a career as a data scientist in the entertainment sector, you will use data to provide content recommendations based on consumer preferences.

Essential Skills for a Data Scientist

You must learn some essential skills to fit corporate data science job requirements.

  • One is proficiency in programming languages, such as Python or R.
  • Meaningful data analysis and model building require a firm understanding of statistics and mathematical concepts.
  • Data manipulation, cleaning, and preparation are essential to ensure data quality and suitability for analysis.

Passion for Problem-Solving

At its core, data science solves real-world problems. So, while doing a self-assessment for data science, ask yourself if you are a problem solver. Remember that problem-solving requires creativity and critical thinking. These qualities play a crucial role in developing unique solutions to problems.

Curiosity and Inquisitiveness

To succeed in data science, you must ask the right questions. Data scientists with a natural curiosity seek deeper insights by exploring data from diverse perspectives, often revealing important patterns and opportunities that others may overlook. Additionally, they stay abreast of emerging trends and technologies to avoid harboring obsolete knowledge. Understanding and practicing updated techniques helps find new insights and saves time.

Comfort with Data Handling

A good data scientist is comfortable handling large amounts of unstructured datasets and transforming them into something useful. They are adept at extracting, transforming, and loading (ETL) processes.

Data scientists must also be proficient in navigating databases and data storage, which requires knowledge of SQL, NoSQL, data retrieval, integration, etc., to manage and analyze data successfully.

Continuous Learning and Adaptation

In the ever-evolving landscape of technology and methodologies, a data scientist must remain curious and up-to-date on the latest tools in the market. Lifelong learning is a part of the profession that data scientists can ensure by reading the latest journals, magazines, and newsletters and learning from skilled peers and colleagues. 

Communication Skills

Understanding and analyzing data is one thing, but communicating your findings with your team is another. Therefore, being good with numbers isn’t enough anymore. To be a good data scientist, you must be good at presenting complex data findings to non-technical stakeholders.

Managers, CEOs, and customers lack the data science knowledge you have. You must present the outcomes and patterns of a problem using visualization to make them easy to understand.

Resilience in the Face of Challenges

Data science career challenges include dealing with highly complex data and repeated testing in case of unsuccessful models. However, to make it in this field, you’ll require persistence in the face of these challenges. Learning from failures is an important quality in this aspect.

Self-Assessment

Continuous self-assessment is essential to identify improvement areas and further your growth in data science. Understanding your weaknesses and working to improve is the first step. Keeping in touch with mentors who can help you navigate through this complex field is beneficial.

Exploring Data Science Roles and Industries

Let us look at the many job roles within the field of data science:

  • A data analyst analyzes data to spot trends and assist in decision-making. They work on statistical analysis and data visualization.
  • A machine learning engineer develops and applies machine learning models to tackle complicated problems, frequently utilizing artificial intelligence and predictive analytics. Many institutes offer exclusive machine learning programs
  • Data engineers create, construct, and maintain infrastructure, databases, and data pipelines to guarantee the availability of quality data.
  • Data scientists use statistical modeling, domain knowledge, and data analysis to derive insights and further data-driven decision-making.
  • Business intelligence analysts turn data into insights that company stakeholders can use.

Realize your Data Science dream with MAHE!

Manipal Academy of Higher Education (MAHE) offers a comprehensive and dynamic MSc in Data Science, equipping students with the essential skills to excel in this evolving field. Through a blend of theoretical knowledge and hands-on practical experience, students gain proficiency in data analysis, machine learning, and statistical techniques. MAHE’s state-of-the-art facilities and expert faculty ensure a rich learning environment, fostering innovation and critical thinking. Graduates of this program are well-prepared to tackle real-world data challenges, making them highly sought-after professionals in industries ranging from healthcare to finance. Join MAHE’s Data Science program to embark on an exciting journey into the world of data-driven decision-making and analytics.

Conclusion

In conclusion, for people with the required skills, personality attributes, and an affinity for problem-solving, a career in data science offers several prospects. Data scientists are essential in turning raw data into useful insights because data is becoming more important in business decision-making. They connect complex data and strategic choices, fostering innovation and development. Self-evaluation, ongoing learning, and data handling are crucial to your success as you consider if you’re cut out for this dynamic industry.
Are you ready to dive into the world of data science? Enroll in MAHE’s comprehensive data science programs and take the first step toward a rewarding career!

Online BCom from MUJ: Realizing dreams from the comfort of your home!

In an era marked by rapid technological advancement and changing educational paradigms, the landscape of higher education has witnessed a remarkable transformation. The emergence of online learning has revolutionized the way we access knowledge, breaking down barriers and democratizing education for learners across the globe.

The traditional notion of education, confined within the walls of brick-and-mortar institutions, has undergone a profound shift, ushering in an era of learning that is characterized by flexibility, accessibility, and adaptability.

Online BCom programs epitomize this evolution, catering to a diverse range of learners—working professionals seeking career advancement, aspiring entrepreneurs looking to hone their business acumen, and even those who aspire to pursue higher education while balancing various commitments. 

Perfectly managing work and education

Helping to manage work and education in the primary motive of our online BCom initiative at MUJ. Having experienced the same Deepak Kumar says “With 6-7 years of work experience in supply chain, I wanted to earn an online undergraduate degree without quitting my job. I’m able to manage my work-life balance through Online Manipal’s flexible learning opportunities. The content on the student portal is good, and the live classes are insightful. I want to pursue an online MBA in supply chain management after completing this program.” We hope you can fulfil your master’s degree too with is Deepak.

Living the entrepreneurial dream

Boosting confidence, providing a platform to experiment and supporting to push boundaries are just but a few perks of an online degree with MUJ. Don’t believe us? Here is what Velari Kalpana Danabhai has to say about his choices “I have always wanted to be an entrepreneur and pursuing an online BCom degree through Online Manipal has given me the confidence to start my own business.”

Undiluted ambition

With long term career planning and undiluted ambition, Manjinder Pal choose our online degree. Speaking of the same he says”Choosing an online BCom degree has been a strategic decision for me, especially considering my aspirations to study abroad. The flexibility offered by this program grants me ample time to prepare for exams while pursuing my goals. My mentors have been supportive and go the extra mile to ensure we grasp complex concepts.”

Higher education opportunities after B.Com

Following your B.Com, you can take various courses to develop your skills and raise your earnings. The question, then, is which one is the most worthwhile? Because you must view these programs as investments in your future, all the education you receive during your younger years will considerably boost your chances of getting better-paying jobs later on.

  • Masters of Business Administration
  • CA
  • M.Com
  • Financial Analyst
  • Certified Public Accounting (CPA)
  • Stock Management
  • Supply Chain Management
  • Data science
  • Investment banking
  • Financial Risk Management (FRM)
  • UPSC Examinations
  • Digital Marketing
  • Company Secretary (CS)
  • Bank Probationary Officer
  • Freelance

Career options after B.Com

After earning a B.Com, a learner can pursue various employment paths. Looking for job opportunities in the transdisciplinary commerce sectors can be very rewarding. Learners might look for job opportunities for commerce graduates in the following fields:

  • Banking
  • Company Secretary
  • Chartered Accountancy
  • Economics
  • Cost Work and Accountancy
  • Stock Broking
  • Agricultural Economics

Conclusion 

The tales of Deepak, Velari, and Manjinder encapsulate the essence of Online Manipal’s BCom program—empowering learners to rewrite their narratives, redefine their goals, and embrace opportunities that span borders and boundaries. With flexibility, guidance, and an unwavering commitment to excellence, Online Manipal stands as a platform where dreams take shape, destinies are shaped, and futures are illuminated. These testimonials echo the sentiments of countless others whose lives have been transformed by the far-reaching impact of Online Manipal University. 

Ambitions and dreams: Our learners realizing the same with Manipal University Jaipur!

The advancement in technologies has ensured that there is absolutely no looking back for the mankind. In today’s rapidly evolving educational landscape, online degree programs have emerged as a beacon of opportunity for those seeking to further their education without compromising on their existing commitments.

Manipal University Jaipur (MUJ) stands at the forefront of this educational revolution, offering an Online Bachelor of Computer Applications (BCA) degree that has proven to be a transformative experience for numerous individuals. Trying to find out about their learning journey, we have collected here the experiences of a few of our learners for you to read. 

Aiming for the stars 

An exceptional learner and always trying to get the best of everything, Madona Khanna says, “I was able to pursue my dream online BCA degree through Manipal University Jaipur’s scholarship. With the online degree program from MUJ, attending online classes and lectures on weekends has made it easier to manage my work and other household responsibilities along with my studies.” 
 

Who says you cannot pursue a traditional degree while running a business. Making complete use of our online education facility while keeping hus buysiness dreams alive Sanchika has achieved new heights of success. Explaining the same he says, “As an entrepreneur, I wanted to pursue my education without affecting my business. Considering my innate passion for coding, I decided to pursue an online BCA from Manipal University Jaipur. Now, I’m able to focus on my academics as well as business.” 

Scaling new heights 

Upskilling and being in sync with the ongoing trends are always essential to strive in this competitive world. Having realized the same, Mohammed Shoib Shaik says, “Online degrees are the best option in today’s time as they are affordable and flexible. The online BCA degree from MUJ is benefiting me with industry-ready skills and I would be better prepared to find a suitable career option in today’s competitive job market.” 

Well, it’s not just him. Irrespective of the experience, a degree always brings in new kind of knowledge to the table. Realizing the same, Vishnu enrolled to MUJ’s online degree. Elaborating on its experience he says, “I couldn’t complete my degree in the on-campus mode, so I chose MUJ to pursue my online BCA degree due to flexible learning. With close to 10 years of work experience, I hope to build my professional network through this program.”

Why should you study BCA online?

The following are some of the benefits for enrolling in a BCA online course:

  • The student will be familiar with a wide range of subjects that are not covered in the curriculum
  • There is no travel involved
  • The course is self-paced so students can learn at their own pace
  • When compared to offline classes, the fees is lower, which benefits the students
  • Allows students to expand their horizons in computer applications and gain a better grasp of the world around them

Manipal University Jaipur’s online BCA curriculum is designed to produce tomorrow’s visionaries by combining the most recent breakthroughs in computer technology, an eye on logic and creativity, and the changing ways of the industry. The programme incorporates the Google Cloud Computing Foundations curriculum, which covers cloud architecture, application development, big data, and machine learning and contains concepts, hands-on labs, exams, and a capstone project. You can attend live and recorded classes from the comfort of your own home, learn at your speed, and take online proctored tests.

Conclusion

Manipal University Jaipur’s Online BCA program serves as a testament to the evolving landscape of education, offering a dynamic platform for individuals to advance their careers, acquire new skills, and harmoniously blend learning with their existing responsibilities. Through the experiences of Madona Khanna, Mohammed Shoib Shaik, Vishnu J, and Sanchika Thakur, we witness the power of online education to transform lives. As technology continues to reshape how we learn, MUJ’s commitment to accessible, flexible, and industry-aligned education stands as a beacon of hope for those who strive to achieve more in both their professional and academic pursuits. 

New age career achievements with the formidable Online MBA from Manipal University Jaipur !

In the modern era, education knows no bounds. It transcends geographical limitations and empowers individuals from diverse walks of life to chase their dreams and aspirations. When the world was plunged into darkness and uncertainty during the pandemic, we dreamed to normalize a new way of learning. We dreamt that in an age where you could connect and converse with someone thousands of kilometres away, obtaining education without having to physically attend a college 

Anita: Unleashing passion! 

Having unleashed her dreams with great passion and dedication, Botsa Anitha’s story resonates with countless individuals whose ambitions were put on hold due to life’s demands. In her own words – “After being married off, | couldn’t’ fulfil my dream of continuing my studies. With a bachelor’s degree in hand and one and a half years of experience in accounts, | chose to pursue an online MBA degree from the comfort of my home. With Online Manipal, I’m able to study at my own pace and convenience. So, I’m easily able to balance my academics and personal commitments.” 

Sabina: Crucial role of education in professional growth! 

Sabin Lamichchane’s journey speaks volumes about the role of education in professional growth. Elaborating the same she says, “As a working professional, I wanted to enhance my domain knowledge and move to managerial roles. I found Manipal University Jaipur’s online MBA program as the right opportunity to climb up my career ladder. The program has helped me build new skills required to thrive in the industry.” 

Revathi: Give yourself the much-needed second chance 

On the other hand, we have Revathi Murugan whose story epitomizes the power of second chances. After a career hiatus, she aspired for a brighter future. Reminiscing about the same, she says “After taking a career break for over a year, I wanted to upskill myself to get a better job. I’m glad I chose to pursue my online MBA through Online Manipal, as the degree is equivalent to a regular on-campus degree. Flexible classes have allowed me to manage my work and academics.” 

We will give you more than one reason why you must consider MBA with Manipal University Jaipur 

1. Flexibility and convenience: The online platform provides the flexibility to tailor learning around personal and professional commitments, enabling learners to pursue higher education without disrupting their daily routines. 

2. Industry-relevant curriculum: The program’s curriculum is designed to impart skills that align with industry demands, equipping learners with practical knowledge and expertise needed to excel in their chosen fields. 

3. Equivalent credentials: The online MBA degree from Manipal University Jaipur holds the same value and credibility as an on-campus degree, ensuring that learners’ efforts are recognized by employers and peers alike. 

4. Learning at your pace: Each learner’s journey is unique. Online learning allows individuals to progress through the curriculum at a pace that suits their learning style, ensuring a comprehensive grasp of the material. 

The narratives of Botsa Anitha, Sabin Lamichchane, and Revathi Murugan encapsulate the transformative potential of pursuing an online MBA with Manipal University Jaipur. As education transcends physical boundaries, it empowers individuals to realize their dreams, hone their skills, and achieve their aspirations. The advantages offered by the program – flexibility, industry relevance, equivalent credentials, and personalized learning – collectively contribute to a holistic educational experience that prepares learners for success in an ever-evolving world. Through their journeys, we witness the power of online education to shape lives and pave the way for a brighter future. 

Regular MA vs Distance MA vs Online MA

In today’s educational landscape, pursuing a Master of Arts (MA) degree has become a pivotal step toward personal growth and professional advancement. The MA curriculum and courses offer both a practical grasp of more advanced educational research methodologies as well as a foundational comprehension of theory in the teaching process. Compared to employment needing a bachelor’s degree, the US Bureau of Labour Statistics predicts that careers requiring a master’s degree will grow by over 13% over the next ten years. Let’s uncover the benefits, challenges, and unique features that define Regular, Distance, and Online MA programs, assisting you in making an informed choice.

What is the Master of Arts program?

MA, or Master of Arts, is a postgraduate program in the arts. After graduating, one may continue with the two-year curriculum. Many colleges and institutions in India and overseas offer degrees in a variety of specializations. Students who complete an integrated social sciences and humanities plan of study are eligible for this degree. 

Admission to the MA program is based on merit or the results of admission tests. Candidates who want to get a Master of Arts degree must be committed and focused on their chosen field. Students who get a master’s degree in the arts can advance their professions, develop their talents, and get ready for graduate school. If they are thinking of working in the fields of education, human services, or media, it could also be advantageous.

What are the different modes of MA programs?

In response to the evolving needs of students and advancements in technology, universities have introduced various modes of MA programs, namely regular, distance, and online.

Regular MA programs

Regular MA programs, also known as on-campus or traditional programs, involve students attending classes physically at a university or college. These programs offer a structured learning environment where students interact with faculty and peers directly. 

Benefits of pursuing a regular MA program

  • In-person interaction: Regular MA programs allow students to engage in direct discussions and debates with professors and fellow students, fostering a dynamic learning environment.
  • Access to resources: Students have access to libraries, research facilities, and campus amenities that enhance the learning experience and aid in research endeavors.
  • Networking opportunities: Being on campus provides ample opportunities for networking, which can be valuable for future career prospects.
  • Structured learning: The curriculum is well-organized, and students follow a predetermined schedule for classes, assignments, and exams.

Demerits of regular MA programs

  • Location dependency: Students must be located near the university, which might not be feasible for everyone, especially those with personal or professional commitments.
  • Limited flexibility: The fixed class schedule might not accommodate the needs of working professionals or individuals with other responsibilities.
  • Higher costs: Regular MA programs often come with higher tuition fees due to the need for physical infrastructure and resources.

Requirements for enrolling in a regular MA program

To enroll in a regular MA program, candidates typically need a bachelor’s degree in a relevant field from a recognized university. Some institutions may also require candidates to appear for entrance exams or interviews.

Top Institutions to pursue regular MA programs

  • Delhi University
  • Jawaharlal Nehru University
  • Sikkim Manipal University
  • University of Mumbai
  • Banaras Hindu University
  • Aligarh Muslim University

Distance Master of Arts Program

Distance MA programs are designed to cater to students who are unable to attend traditional on-campus classes due to geographical constraints or other commitments. These programs provide study materials and resources to students through various means, such as printed study materials, online resources, and periodic contact classes.

Benefits of pursuing a distance MA program

  • Flexibility: Distance MA programs offer flexibility in terms of study hours, allowing students to balance education with work or personal responsibilities.
  • Geographical liberty: Students from different parts of the country, including remote areas, can pursue a distance MA program without the need to relocate.
  • Self-Paced learning: Students can study at their own pace, which is beneficial for those who need more time to understand complex concepts.
  • Cost-effective: Distance programs often have lower tuition fees compared to regular programs, making higher education more accessible.

Cons of distance MA programs

  • Lack of direct interaction: Students might miss out on face-to-face interactions with professors and peers, which can hinder collaborative learning.
  • Self-Motivation required: Distance learning demands a high level of self-discipline and motivation to complete assignments and coursework.
  • Limited practical exposure: Some subjects require hands-on practical experience, which might be challenging to provide in a distance learning setup.

Eligibility criteria for enrolling in a distance MA program

Eligibility criteria for distance MA programs are generally similar to regular programs, requiring a bachelor’s degree from a recognized university or institution, or an equivalent degree recognized by the Association of Indian Universities.

Top institutions to pursue distance MA programs

  • Indira Gandhi National Open University (IGNOU)
  • Anna University Distance Education
  • DR. B.R. Ambedkar Open University
  • Madurai Kamaraj University Distance Education
  • Delhi University Distance Education

Online Master of Arts Program

Online MA programs are a relatively newer mode of education that leverages the power of the internet and technology. These programs offer a virtual classroom experience, where students can attend lectures, interact with professors and peers, and submit assignments through online platforms.

Here are the details of online degree admission process at Sikkim Manipal University.

Benefits of pursuing an online MA program

  • Global accessibility: Online programs eliminate geographical barriers, allowing students to enroll in courses offered by institutions from around the world.
  • Convenience: Students can study from the comfort of their homes and choose flexible study hours, making it suitable for working professionals and individuals with busy schedules.
  • Diverse learning formats: Online programs often incorporate a variety of multimedia resources, making the learning experience engaging and interactive.
  • Skill enhancement: The use of digital tools and online platforms enhances students’ technical skills, a valuable asset in today’s digitally driven world.

Disadvantages of online MA programs

  • Lack of physical interaction: Similar to distance programs, online MA programs lack the direct engagement with professors and peers that traditional programs offer.
  • Tech challenges: Students need reliable internet access and technical proficiency to navigate online learning platforms effectively.
  • Isolation: The online learning environment can be isolating for some students who thrive on in-person interactions.

Admission criteria for enrolling in an online MA program

Admission criteria for online MA programs usually include a 10 2 3-year bachelor’s degree from a recognized university or institution, or an equivalent degree recognized by the Association of Indian Universities. It may involve additional requirements such as standardized test scores or interviews.

Top institutions to pursue online MA programs

  • Sikkim Manipal University
  • Amity University Online
  • IGNOU’s Online Programs
  • School of open learning, Delhi university
  • LPU (Lovely Professional University)

Comparison of Regular, Distance, and Online MA programs

BasisRegular MA ProgramsDistance MA ProgramsOnline MA Programs
Delivery MethodIn-person classesPrinted study materialVirtual classes & modules
FlexibilityLimited scheduling flexibilityMore flexible time-frameHighly flexible schedule
AccessAccess to campus facilities and resourcesLimited access to campusRemote access to resources
Geographical ScopeGenerally localized to a specific institutionWidened reach across regionsGlobal accessibility
Self-DisciplineA structured schedule and classroom settingRequires self-motivationStrong self-discipline needed
Technology UsageMinimal reliance on technologyCorrespondence through mail Utilizes various online tools
InteractionFace-to-face interaction with peers and professorsLimited direct interactionLive class, Virtual discussions & forums
Career ImpactLocal recognition and networkingVaries based on the institutionPotential global recognition
CostTuition commuting costsLower tuition, reduced commutingVaries, potential cost savings
Time CommitmentFixed class timingsVaries based on the scheduleDepends on the individual pace
ApplicabilityTraditional academic settingSuitable for employed individualsIdeal for remote learners & working professionals

You may like to know the differences between regular, distance and online BA.

Regular, Distance, & Online MA: Which is better?

The choice between regular, distance, and online MA programs depends on individual preferences, circumstances, and career goals. Each mode has its own set of advantages and disadvantages.

Regular MA Programs: Ideal for those seeking a holistic learning experience, ample networking opportunities, and direct engagement with professors and peers. It’s best suited for students who can commit to full-time, on-campus education.

Distance MA Programs: A great option for individuals who require flexibility due to work or personal commitments and are self-motivated to pursue independent learning. Distance programs are particularly beneficial for those who cannot relocate for education.

Online MA Programs: Suited for learners who are comfortable with technology, seek global exposure, and need the convenience of studying from anywhere. It’s especially useful for working professionals looking to enhance their skills without leaving their jobs.

Is pursuing an online MA degree program from SMU helpful?

Sikkim Manipal University, known for its distance and online education programs, offers a wide range of courses, including an online MA in English, Sociology, and Political Science. Pursuing an online MA from SMU can be beneficial, particularly for individuals who are looking for flexibility and quality education. Elevate your career prospects through engaging live and recorded virtual sessions, all from the convenience of your home. Similarly, the online MA in Sociology and MA in Political Science programs from SMU provide professionals with the opportunity to stay updated on the latest advancements in their respective fields while maintaining their work commitments. These programs open doors to progress in areas such as social service, advocacy, academia, government, media, and more. 

With a curriculum encompassing crucial subjects, you can conveniently enhance your expertise and career orbit. However, before enrolling, prospective students should thoroughly research the program, faculty, course structure, and accreditation to ensure that it aligns with their educational goals.

Know more details about Sikkim Manipal University.

Conclusion

Recently, the Master of Arts program has adapted to various modes, catering to the diverse needs of students. Regular, distance, and online MA programs each have their advantages and limitations, making the choice highly subjective. Students must consider their personal and professional commitments, learning preferences, and career aspirations when deciding which mode of MA program suits them best. As technology continues to reshape education, it’s essential to make informed choices that align with individual goals and circumstances. You can opt for the online MA course through Online Manipal to land a good job and advance your career.

Exploring new opportunities with MAHE’s Online MSc in Data Science 

The digital era ensures learning transcends every barrier ever propped in front of a curious mind. With newer domains finding a strong foothold in everyday lives, the philosophy that learning knows no end has never been truer. As years pass by and more people continue to embrace newer ways of being updated and staying in sync with on-going trends, our learners explain here how their choice to pursue higher education with us never failed them. 

Best for working professionals

“I have over 10 years of work experience in IT” says Mayank one of our MSc Data Science Learner. Further he elaborates, “working with Google, I wanted to upskill myself and expand my knowledge in data science. MAHE’s online MSc in data science program has helped me improve my knowledge.” It’s no easy task to impress someone who works for Google, and we are thrilled to have helped you, Mayank. 

Perfect curriculum to upskill

Speaking about the learning curriculum and pedagogy, another enthusiastic learner Abhishek Godiyal says” The course curriculum of this program is perfect for me to upgrade my skills & knowledge. The free access to paid Coursera content is extremely helpful. The learning management system is also easy to use.” 

Passion knows no age

Proving time and again that pursuit of knowledge is timeless and ageless, Thomas has a story both intriguing and inspiring. Being one of our most sincere learners, he says “My innate passion and love for learning pushed me to pursue an online degree at the age of 62. I thank Online Manipal for this wonderful opportunity and for constantly supporting me. Learning has no end.” We are proud to have curated a program that transcends traditional limitations, providing learners of all ages the chance to explore new horizons. Thomas’s determination echoes the sentiment that it’s never too late to embark on a journey of growth and exploration. 

Every learner with us carries in their heart unique story that only rebuilds our faith in the capabilities of humanity when they set their mind on it. Be it Mayank’s enthusiasm to reach new heights in an already flourishing career or Abhishek’s eye that searches for a meticulously perfect career or the likes of Thomas who have broken all mainstream barriers to pursue their dreams, we are glad to have provided them with a perfect platform to fulfil their learning needs.  

Wondering why MSc-Data Science with MAHE is the best? 

  • Tailored Upgradation: The program empowers professionals to enhance their skills, keeping pace with industry demands. 
  • Emerging Domains: Learners can venture into burgeoning domains like data science, gaining an edge in a competitive landscape. 
  • Flexible Learning: The online format ensures that education fits seamlessly into busy schedules, removing geographical constraints. 
  • Comprehensive Resources: Access to curated course content and supplementary material like Coursera extends learning horizons. 
  • Age-Neutral Learning: The program welcomes learners of all ages, fostering a culture of lifelong learning. 

The stories of these learners mirror the transformative journey of those who’ve embraced MAHE’s online MSc in Data Science. The world of technology is in perpetual motion, and as an ed-tech platform we have always embodied the spirit of continuous learning. As the digital age continues to unfold, MAHE’s commitment to innovative education reshapes how individuals learn and grow, providing a pathway to success that transcends boundaries and empowers lifelong learners. 

An effective resume creates a positive impression on the recruiter

A resume is a useful tool to get shortlisted for an interview and make a good impression on the employer, reflecting your academic performance, work history, and skills. A resume is an indispensable part of a job hunt since it allows you to emphasize your strongest and most appropriate skills and traits. Recruiters evaluate resumes to decide who to hire, and having one handy can help you land your first interview. According to job application data, 63% of recruiters prefer to receive resumes tailored to the job role.

In this article, we’ll look at the importance of a strong resume and offer tips for writing one that works well. A proper and effective resume will not only help you get a job as a fresher but also after a career break.

To know more, read How to upskill and find a job after a career break?

Advantages of building a strong resume

Here are some justifications as to why putting together a resume will help you get your desired job:

  • Creates the first impression

It is crucial to have a well-written and concise resume to make a first impression on the recruiter that will work in your favor.

  • Convinces employers that you’re the one

A strong resume may enable you to convince the potential employer that you are the most viable contender for the role since it would clearly highlight your strengths and skills.

  • Markets your skills

You can market the skills you’ve acquired throughout the years and how you plan to apply them to the benefit of the potential employer with the help of a well-written resume. 

  • Helps secure a job interview

The ultimate goal of a resume is to land you an interview; thus, creating a strong resume is absolutely essential. 

  • Describes your career goals

An effective resume summarizes your professional history and ambitions and helps the potential employer have a clear idea about your goals and whether they align with their organization. 

  • Fits you for a job position

A strong resume matches your skills to the needs of the business, so if your resume includes important keywords, then you can easily be found by recruiters for specific roles. 

Check out: Importance of skill development for career success

Tips for creating a good resume

The following are some pointers to remember while you work on your resume, and they will answer all your doubts regarding ” How to create a resume?”

  • Keep it precise

An employer scans a résumé for about 30 seconds on average. Your resume should concisely explain your past and present achievements and your aspirations. 

  • Create a job-specific resume 

Include job history or accomplishments relevant to the position you’re applying for, as it enables the employer to concentrate on more pertinent data.

  •  Highlight your achievements

Your resume should highlight your accomplishments and showcase the type of professional you are. 

  • Use simpler words and active verbs

Use straightforward language but also powerful verbs like “managed,” “lead,” “accomplished,” and “leveraged,” among others, to have a good impression on the recruiter.

  • Proofreading is essential 

Ensure there are no grammatical or spelling errors. A simple spelling error on your resume can give the recruiter a misleading image, and you can even lose out on the opportunity.

  •  Double-check and include your contact details

Your name, address, phone number, and email should all be listed on your resume. The initial page’s header should have this information. Additionally, confirm the accuracy of this information. 

Also read: Common resume mistakes to avoid while applying for jobs

Take advantage of Online Manipal’s placement support services

Manipal University Jaipur, an institution with NAAC A+ accreditation, offers UGC-entitled online undergraduate and postgraduate programs through Online Manipal. These programs offer thorough educational experiences that help students acquire and improve skill sets to get them ready for the professional world. Students can benefit immensely from resume-building, skill development sessions, employability assessments, mock interviews, and more to become job ready.

To know more, read How to switch your career: things to consider.

Conclusion

A well-written resume will assist you in securing your dream job by presenting your strengths, skills and achievement to employers straightaway. Enroll in an online program from MUJ and start building your skills to have a successful career.

Commerce to Business Analyst: What does the learning journey look like?

Today’s business landscape is rapidly evolving, where adaptability and diverse skill set are invaluable assets. Here, business analysts use accurate data analytics to form insights and recommend profitable changes for the company. They help identify organizational issues, including IT processes, structures, and other staff developments.

So, can a commerce student become a business analyst? If you are intrigued by data-driven decision-making and strategic planning, then business analysis can be a great career option for you.

Business analysts closely collaborate with stakeholders like business leaders, developers, and other end users to ensure that the projects align with the organization’s objectives and measurable values. They blend analytical skills, financial expertise, and business knowledge. This blog will disclose the exciting transition from Commerce to a BA role.

Understanding the Role of a Business Analyst

A business analyst looks after an organization’s business processes and finds ways to optimize the same for better productivity. It includes identifying opportunities for improvement and translating business requirements into goals for IT projects. Moreover, these analysts perform a multifaceted role involving analyzing data and systems and collaborating with several stakeholders so that different initiatives and changes align with the business goals.

The key responsibilities of business analysts include:

  • Analyzing the existing business processes for inefficiencies, bottlenecks, and areas that need improvements
  • Proposing solutions to streamline the workflow, enhance productivity, and reduce production costs
  • Performing data mapping, modeling, and validation to maintain data quality and accuracy in the systems or reports

Assessing Your Current Skills and Knowledge

Here are some relevant BA skills development from Commerce that Commerce students already know:

  • Knowledge of financial statements, budgeting, cost analysis, and financial modeling
  • An overall understanding of sales, marketing, supply chain, and revenue generation
  • Risk assessment and management skills

In addition, to become an impactful business analyst, it is essential to recognize and fill the gaps in skills. Let’s see the business analyst learning path:

  • Commerce graduates can assess their strengths and weaknesses in a technical domain or using tools like Excel, SQL, or business analysis software.
  • Online platforms like Coursera, edX, Udemy, or LinkedIn offer courses on business analysis.
  • Consider getting certifications from The International Institute of Business Analysis (IIBA).

Core Skills and Knowledge for Business Analysts

  1. Data Analysis

Data is one of the crucial assets of practical business analysis because it helps in decision-making, identifying trends, and delivering insights. Students should learn the following:

  • Data analysis concepts like data types, sources, and lifecycle
  • Basis statistical concepts, like mean, median, standard deviation, and correlation
  • Data mining methods, such as classification, clustering, and regression
  1. Business Domain Knowledge

Students or professionals should understand the sector’s context, challenges, and opportunities in the following ways. It helps in building credibility with several stakeholders.

  • Participate in conferences, workshops, or webinars.
  • Organizations like the American Marketing Association, Project Management Institute, and Healthcare Information and Management Systems Society provide industry-specific resources.
  • Gain knowledge through blogs, journals or magazines, and podcasts shared by industry experts.
  1. Communication and Presentation Skills

Strong communication skills help business analysts manage conflicts, negotiate solutions, and foster collaboration among diverse teams. Master the following:

  • Organized presentation skills with a clear introduction and conclusion
  • Visual contexts, such as charts, graphs, and infographics
  • Public speaking and effective writing

Technical Skills for Business Analysts

  1. Introduction to Data Tools

Data tools empower business analysts to extract meaningful information from raw data, enabling informed decision-making and providing valuable support to organizations. 

Tableau and Power BI
SQL (Structured Query Language)
  1. Excel and Spreadsheet Analysis

Excel is the foundational tool for business analysts because it helps create graphs or charts, organize information, and manipulate data. Excel functions and formulas relevant to data analysis include:

VLOOKUP and HLOOKUP
COUNT, COUNTA, and COUNTIF
AVERAGE, MEDIAN, and MODE
PivotTable
  1. SQL Fundamentals
SELECT
GROUP BY and Aggregate Functions
JOIN Operation

Education and Training Options

Pursuing a Formal Degree in Business Analytics

  1. MSc in Business Analytics

Manipal Academy of Higher Education, or MAHE, offers an online MSc for students or working professionals. It provides advanced knowledge in statistical analysis, data mining, predictive modeling, machine learning, data visualization, and business strategy.

As the demand for business analysts is rising, it opens doors to different roles like data analyst, business intelligence analyst, data scientist, or managerial roles with expertise in data-driven decision-making.

  1. PGCP in Business Analytics 

This course offered by MAHE is a specialized program to equip individuals with the knowledge of data analytics for making informed business decisions. It relies on data collection or cleaning, statistical analysis, predictive modeling, etc. The business analyst certification course also focuses on business strategy, problem-solving, and the ethical considerations of data usage.

Benefits of formal education in business analytics:

  • Specialized knowledge and skills in data analysis, statistical modeling, and data visualization
  • Various career opportunities like data analysts, business intelligence analysts, and data scientists
  • Networking among fellow students, faculty, and industry professionals for job opportunities and collaborations

Drawbacks of formal education in business analytics:

  • Expensive, including the cost of tuition, textbooks, and other materials
  • Takes several years to complete
  • Fixed timetables are a barrier for working professionals

Online Courses and Bootcamps in Business Analytics

  • Essential tools and methods by edX
  • Business Analytics specialization by Coursera
  • Data Analytics Bootcamp by Thinkful
  • Machine learning career track by Springboard
  • Business Intelligence Analyst course by Udemy
  • Bob, the BA’s Business Analyst Boot Camp
  • ASPE Business Analyst Boot Camp
  • IAG Consulting Business Analyst Boot Camp

When selecting an online learning platform, you must consider the platform’s reputation and accreditation, fees, course quality, mentor support, learning format, flexibility, and reviews and ratings.

Also read: Data Analyst vs Business Analyst

Job Search and Interview Preparation

Resume Preparation

  • Mention the courses related to data analysis, statistics, or business fundamentals in the resume from a commerce background.
  • Highlight complex challenges from the commerce background to demonstrate your strengths to analyze problems and develop solutions.
  • Use the Situation, Task, Action, Result (STAR) method to describe experiences from past jobs.
  • Mention technical proficiency in Excel, SQL, and data visualization tools.

Interview Preparation

  • Prepare a concise introduction of background, relevant experience, skills, and the reason behind transitioning from a commerce background.
  • Talk about your passion for problem-solving and data-driven decision-making.
  • Describe your approach to prioritization, time management, and communication.

Become a Business Analyst the Manipal way!

The Master of Science in Business Analytics (MSC-Business Analytics) helps individuals thrive in the data-driven business world. People from a commerce background understand business operations and management but need more analytical skills. The program teaches advanced quantitative and statistical techniques. With a master’s degree, individuals can become data analysts, business analysts, marketing analysts, operations analysts, or management positions.

Conclusion

A business analysis career switch from a commerce background helps individuals take a pivotal step toward a successful and rewarding career. MAHE’s program accelerates advanced quantitative techniques and data expertise, bridging the gap between business theory and data-driven decision-making. Business analysts have become an asset for various industries for their ability to extract valuable insights. Therefore, embrace this transition, and you will thrive in a rapidly evolving business world.

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    Bachelor of Business Administration (BBA)
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