Hear from our learners: How Online Manipal has trained them to face placements Placement interview is an important life event in the life of every graduate. Employers today expect more than just a strong academic background from graduates. Apart from the technical skills required for a job role, graduates must possess soft skills and other workplace skills to survive in the competitive job markets. Recruiters prefer hiring candidates with technical skills and personal attributes to be able to perform well on the job. This is often referred to as industry readiness. Industry readiness means having the right skillset to become job ready. Industry readiness not only improves the employability quotient of a candidate, but also helps one stay productive in current industries. What do students learn through Online Manipal’s Industry readiness sessions? Learners pursuing their online degrees from top universities through Online Manipal are well trained and prepared to appear for their placement interviews. Online Manipal’s placement cell aims to uplift the employability quotient of learners interested in finding career opportunities after the completion of their programs. We take special effort in examining the initial and preliminary skills that are needed for every job seeker to be successful while attending interviews. We impart the required training so that learners perform well in their interviews and become job ready. Right from the beginning of the pre-final semester, a series of webinars are hosted by experts to help students acquire the right training and knowledge to appear for placement interviews. From business communication to time management, interpersonal skills to cultural fluency, we help learners hone skills that help them interact effectively and thrive at the workplace. The following skillsets and training sessions held for learners. Communication Self-development & confidence building Critical thinking & problem-solving Leasersip Professionalism Teamwork & collaboration Cultural fluency Technology All these aspects are important to keep in mind while attending placement interviews. Possessing these skills helps build confidence in the recruiter to hire a candidate. It helps the candidate demand a higher pay scale and gives a competitive edge over other candidates. Also read: The impact of placement training on employability skills See what the learners have to say about Online Manipal’s industry readiness sessions Hear from our learners who have benefitted from Online Manipal’s industry readiness webinars and are confident of acing their placement interviews. Sandeep Raj, online MCA “The industry-readiness webinars conducted by Online Manipal were relevant for today’s market trends. The subject matter experts who delivered the webinars were experienced professionals and gave us daily insights into the key areas we must focus on.” Ningappa Nayak, online MBA “Online Manipal has taken special effort in preparing learners ahead of the placement drive. From resume building, interview skills and group discussion skills, they have played a key role in guiding students and preparing them for interviews. The webinars held by industry experts were knowledgeable and insightful.” Shreya Thomas, online MBA “I attended the industry-readiness webinars conducted by Online Manipal and I’m now confident about appearing for placements. The sessions focused on building an effective LinkedIn profile and optimizing my resume. I also learnt a few digital marketing skills and the webinars kept me updated on industry trends.” Jyothi Jithesh Kumar, online MBA “The webinars were extremely useful in preparing for placements. Knowledge wise, we got to learn several skills and it gave us an opportunity to analyze market trends through diverse perspectives. The experts who delivered the sessions were knowledgeable. Online Manipal also gave us an opportunity for peer discussions, that helped us a lot.” Bhaskar Bhate, online MBA “The webinars helped me acquire important skills required to become a future-ready professional. From communication skills, time management skills and interpersonal skills, the sessions were very insightful. The experts briefed us about the essential qualities of a professional- like emotional intelligence and positive behavior. Overall, they have helped me prepare well for my placement interview.” Check out: From virtual classrooms to real-world success: Landing a job with your online degree Online Manipal also organizes virtual placement drives to connect and showcase the job-ready learners to reputed organizations and help them secure jobs of their liking.
Career path in Data Science Today’s world is constantly evolving with cutting-edge technology, and the analytics sector is witnessing a sharp increase in demand for highly-skilled professionals who can turn these emerging technologies into actionable insights from big data. Large enterprises and organisations are constantly looking for experts with a data science career path who can understand both the business world and the tech world. This paves the way for talented youth worldwide to build successful careers in data science. With numerous openings spanning across sectors, data science jobs are Glassdoor’s number 3 best jobs in the USA. Who is a data scientist? A data scientist represents a broad position from analysts to data visualisers and business intelligence experts. Considered a mix of mathematicians, trend-spotters, and computer scientists, data scientists have various roles and responsibilities. Using big data methodologies and creating a statistical network for mitigating risk and fraud. Delivering relevant products at the right time so companies can develop new products to meet their customers’ needs. Mining and extracting usable data from valuable data sources. Planning, implementing and assessing high-level statistical models for various problems, including sampling, classification, clustering, pattern analysis, projections, and many more. Machine learning tools and advancements are used to select features and create and optimise classifiers. Designing innovative strategies to solve difficult business problems and understand consumer trends. Preprocessing and analysing complex datasets to tease out insights for clearly presenting results. Performing data visualisation and mining to propose solutions and strategies to tackle business challenges. Integrating software programming and statistics for processing, cleansing, and validating the integrity of data to be used for analysis. Collaborating with superior data scientists to communicate obstacles and enhance business performance and decision-making. ALSO READ: Why you should become a data scientist Career prospects for data scientists The booming domain among the top 20 skills in-demand in today’s workforce is data science. Data science career growth is rising with more demand for data analysts and data scientists. Large companies and organisations had to move their operations across digital platforms during the pandemic. This spanned numerous openings for data science in e-commerce. As one of the industry’s most lucrative jobs, companies are looking for skilled talent and expertise in programming skills, statistics, machine learning, data wrangling, and data visualisation. If you want to know how to start learning data science, start from knowing the basic roles and responsibilities. The various roles in data science include- Empowering management in decision making Acting as a trusted advisor and strategic partner to the organisation’s upper management, a data scientist has to ensure that the working staff maximises their analytics capabilities. A data scientist can influence and improve the process of decision-making by communicating and demonstrating the ideals through measuring, tracking, and recording performance metrics and other necessary information. Developing data collection procedures One major role in the data science career path is to examine and explore the organisation’s data to recommend certain actions that can help to improve the institution’s performance, better engage customers, and ultimately increase profitability. Identifying opportunities Driven by a mindset to continuously and constantly improve the value derived from the organisation’s data, a data scientist questions existing processes and the organisation’s current analytics system for developing additional methods and analytical algorithms. Adopting best practices for challenging the staff A data scientist must ensure that the working staff is familiar and well-versed with the organisation’s analytics product. By demonstrating the effective use of the system to extract insights and drive action, they prepare the staff to understand product capabilities and address key business challenges. Diverse roles for a data science professional Candidates aspiring for a career path in data science can choose to be in one of the major positions: data scientist, data analyst, or data engineer. They range from entry-level interns to top-level executives in their respective positions. How to start a career in data science? 1. Data scientist Junior data scientist Candidates with a proper maths background and desirable skills in programming can start as entry-level interns as a junior data scientist. They are involved in data extraction and collection processes. Associate data scientist After completing a minimum of one year’s experience working with large databases as a junior data scientist, one gets promoted to an associate data scientist. They are involved in data mining and visualisation. Senior data scientist Employees with five years of experience in advanced machine learning and AI are usually considered senior data scientists. They need to work in statistical models and be involved in decision-making. Lead data scientist With 5+ years of experience and expertise in handling data, one can get promoted to a lead data scientist position. They act as mentors to junior and senior levels and involve collaborative activities and team management. Head of data science Employers with 10+ years of experience in data handling are responsible for running the company by hiring the right candidates, establishing high standards, and achieving worthwhile goals. 2. Data analyst Junior data analyst The most basic level or entry-level role in the data science career path in India is a data analyst. Generally working in teams supervised by senior analysts or consultants, data analysts are responsible for- Collecting data from safe, reliable, and accurate sources followed by recording and storing the data in existing databases. Cleaning the required data for interpretation, analysis, or decision-making through different tasks, such as standardisation, de-duping, and identifying missing values. Preparing reports after conducting basic analysis and noting the results using MS Excel and Power Bi tools. Serving as an internal resource for key managers in all service operations. Associate data analyst After a minimum of one year of experience working with large databases as a junior data analyst, one gets promoted to an associate data analyst role. They are responsible for developing VBA applications, aiding business process automation and streamlining, and helping with data validation and sanitisation for various blockchain models. Senior data analyst Employees with 5 years of experience in trend forecasting, modelling, report creation, and knowledge of SQL and basic programming languages are usually considered senior data analysts. They involve building analysis, data visualisations, and multi-functional reporting that provides critical support to the operations and decision-making of the organisation through experimentation. Lead data analyst With 5+ years of experience and expertise in handling data analysis software, one can get promoted to a lead data analyst position. The role involves conducting data analysis to identify patterns and meaningful insights to make recommendations for improvement, as well as providing support to other team members by coordinating, researching, and compiling data. Head of data science Candidates with 10+ years of experience in scripting languages and rapid prototyping skills in programming such as SQL, Python, Perl, Java, VB, etc., are considered for the position of head of data science. YOU MAY ALSO LIKE: How to become a data analyst 3. Data engineer Junior data engineer Candidates from a maths or computer science background with desirable skills in programming and working with datasets start as entry-level interns as a junior data engineer. They are involved in building database systems, fixing bugs, and creating interfaces. Associate data engineer After completing a minimum of one year of experience working with large databases as a junior data engineer, one gets promoted to an associate data engineer position. The role involves data extraction, coding, frameworks, and preparing ETL processes. Senior data engineer Employees with five years of experience in advanced areas of algorithms and data structures such as Java, Python, and SQL are usually considered senior data engineers. They need to work in data warehousing and ETL tools. Lead data engineer With 5+ years of experience and expertise in handling data, one can get promoted to a lead data engineer position. They act as mentors to junior and senior levels and are involved in collaborative activities and team management. Head of data science Employees with 10+ years of experience in data handling are responsible for running the company by hiring the right candidates, establishing high standards, and achieving worthwhile goals. READ MORE: Difference between a data scientist and a data engineer How can I start a career in data science? MAHE is one of India’s leading education providers to facilitate a data science career path. MAHE’s Master of Science programme at Online Manipal is the perfect blend of machine learning, big data analytics, and statistics for candidates aspiring to build a distinctive career in data science. You can gain experience in various sectors such as predictive modelling, machine learning application, developing strategic and tactical recommendations, and solving problems with real-world data. Fees structure The M.Sc. programme consists of four semesters with suitable fee payment of Rs.65,000 per semester and a total of Rs. 2,60,000 for two years. Eligibility criteria The eligibility criteria differs for national and international students – Indian students Graduates from a background in statistics, mathematics or computer science with a minimum of 2 years from universities recognised by the Association of Indian Universities (AIU) along with a minimum of 50% of marks or equivalent grade, are eligible to enrol. International students Students holding NRI and PIO status, who are residing outside India are considered international students. Graduates from a background in statistics, mathematics or computer science with a minimum of 2 years from universities recognised by the Association of Indian Universities (AIU) along with a minimum of 50% of marks or equivalent grade are eligible to enrol. Subjects covered Semester 1– Computational mathematics– Probability and Probability Distribution– Programming with R and Python– Statistical Inference– Database ManagementSemester 2– Linear Regression Models – Categorical Data Analysis and Generalised Linear Models– Distributed Algorithms and Optimisation with Hadoop and Spark– Stochastic Processes– Design and Analysis of Experiments– Mini ProjectSemester 3– Longitudinal Data Analysis – Machine Learning methods– Deep Learning and Text Mining– Bayesian Statistical ModellingElective 1 (Choose one) – Health Technology Assessment– Image processing and analyticsElective 2 (Choose one)– Nonparametric and Nonlinear – Regression Models– Time Series AnalysisSemester 4– Programming in SAS for Analytics– Applied Data Analytics– Research Methodology– Capstone Project Conclusion The domain of data science is a rewarding career for aspirants. Every step of the role requires persistence, skill in mathematics and statistics with a combination of engineering activities. Every big company, from Apple and Microsoft to Oracle and Walmart, regularly looks for data science graduates. With an advanced degree offered by Online Manipal, you can attain your ultimate goal of becoming a data analyst or a data scientist.
Key differences between MBA and PGDM, Explained In the world of business education, two prominent postgraduate programs often come into the spotlight: Master of Business Administration (MBA) and Post Graduate Diploma in Management (PGDM). These programs are widely recognized and sought after by individuals aspiring to advance their careers in the field of business and management. However, the terms MBA and PGDM are often used interchangeably, leading to confusion among prospective students. If you find yourself contemplating which program to pursue, it’s crucial to understand the fundamental differences between an MBA and PGDM. In this blog, we will delve into the nuances of these two degrees, exploring their educational frameworks, program structures, accreditation, industry relevance, and more. By gaining clarity on these distinctions, you will be better equipped to make an informed decision about the path that aligns with your aspirations and goals. What is an MBA? A Master of Business Administration (MBA) is a two-year long program that focuses on various aspects of business management & administration and prepares you to stand out as a leader in today’s competitive business world. MBA programs typically cover a broad range of business disciplines, including finance, marketing, human resources, operations management, strategy, entrepreneurship, and more. You can choose from a wide range of in-demand specializations available today, including data science, business analytics, healthcare management, BFSI, IT & Fintech, and more. The curriculum aims to provide a comprehensive understanding of business concepts, theories, and best practices. Read more: In-demand MBA specializations What is PGDM? PGDM (Post Graduate Diploma in Management) is a postgraduate diploma program in the field of management. It is designed to provide individuals with the knowledge, skills, and competencies required to excel in various managerial roles across industries. PGDM programs focus on practical-oriented education with an emphasis on industry relevance. These programs are known for their flexibility, contemporary curriculum, and responsiveness to changing market needs. A PGDM program is typically a one-years program and may or may not have the same level of accreditation and recognition as an MBA program, as the accreditation is specific to the autonomous institute or business school. However, some universities offer PGDM programs that are two years long. Is there any difference in doing MBA or PGDM There is some difference between pursuing an MBA degree and a PGDM. The eligibility criteria, duration of the program, fee, and other factors may vary with university. Here are a few differentiating factors. Eligibility: MBA vs PGDM Eligibility for MBA 10 + 2 + 3-year bachelor’s degree from a recognized university/institution or an equivalent qualification as recognized by the Association of Indian Universities. Candidates must have a minimum of 50% marks in aggregate in graduation (the eligibility may differ for reserved categories depending on university) Valid score (40 percentile) from any aptitude test like CAT/MAT/CMAT/XAT/GMAT etc (may vary with university) Eligibility for PGDM A bachelor’s degree in any discipline from a recognized institute wit 50% marks in aggregate A valid score from any aptitude test like CAT/MAT/CMAT/XAT/GMAT etc (may vary with university) Program fee: MBA vs PGDM MBA program fee The MBA program fee in IIMs range from INR 12 lakhs to INR 25 lakhs. The fee in other universities may vary depending on rankings and accreditations. PGDM program fee The cost of a PGDM program may range between INR 1,00,000 to INR 20,00,00 depending on the university. Course curriculum: MBA vs PGDM MBA curriculum Semester 1Semester 2Semester 3Semester 4Management Process & Organizational BehaviorProduct & Operations ManagementResearch MethodologyStrategic Management & Business PolicyBusiness CommunicationFinancial ManagementLegal Aspects of BusinessInternational Business ManagementStatistics for ManagementMarketing ManagementElectiveBusiness LeadershipFinancial & Management AccountingManagement Information SystemElectiveManagerial EconomicsOperations ResearchHuman Resource ManagementProject Management PGDM curriculum Semester 1Semester 2Semester 3Semester 4Organizational Behavior-I Financial Management I Financial Management – II Strategic Management Managerial Accounting and Control – IMacroeconomics Human Resource Management Business Environment (Indian and World Economy) Business CommunicationManagerial Accounting and Control –II Management Information System Managerial Economics (Microeconomics) Marketing Management – I Marketing Management– II Quantitative Techniques – I Quantitative Techniques – II Research MethodOperations Management –I Organizational Behavior-II Note: The curriculum may vary with program and university Job roles: MBA vs PGDM MBA job roles Job profileAverage salaryManagement ConsultantINR 21 LPAProduct ManagerINR 17 LPAProject ManagerINR 12 LPABusiness AnalystINR 11 LPAInvestment BankerINR 10.5 LPA Source: Ambition box PGDM job roles Job profileAverage salaryFinance ManagerINR 14 LPAIT ManagerINR 12 LPAData AnalystINR 11 LPAHR ManagerINR 8 LPASales ManagerINR 8 LPA Source: Glassdoor It’s important to note that these job roles are not exhaustive, and there can be overlap or variations based on individual skills, work experience, and industry requirements. MBA vs PGDM: What is best for you? If you are looking to pursue a degree from an accredited university, an MBA is the right choice as it is recognized globally. On the other hand, most PGDM programs are offered by autonomous institutes and business schools, and may not be recognized by all institutions. MBA programs have a more structured curriculum set by an affiliating university, and provide a comprehensive overview of various business disciplines. PGDM programs often have the flexibility to alter the curriculum based on industry needs, and it will help you keep up with market trends. PGDM programs are known for their practical learning approach, industry interaction, and experiential teaching methods. They often emphasize internships, case studies, live projects, and industry guest lectures to bridge the gap between theory and practice. While MBA programs also incorporate practical elements, they may place relatively more emphasis on theoretical concepts and academic research. Conclusion In conclusion, understanding the differences between an MBA and a PGDM (Post Graduate Diploma in Management) is crucial when considering a postgraduate qualification in business and management. While both options offer valuable knowledge and skills, there are distinct factors that set them apart. Ultimately, what matters most is the quality of the program, its alignment with your career aspirations, and the opportunities it provides for personal and professional growth. If you are looking to pursue an online MBA, then look no further than Online Manipal. Choose from online MBA programs offered by premium universities like Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE) and T.A. Pai Management Institute. Other related articles: Is MBA relevant in 2023? Different types of MBAs you can do in India
Happy Engineer’s Day: How our learners are engineering their way to professional success! From the magnificent KRS Dam engineered by Sir M Visveswaraya to the Chandrayaan-3 mission, which made India the first country to land on the South Pole of the Moon, engineers have made significant contributions to the infrastructural development of India. Without a doubt, engineers have been the backbone of urbanization, and they continue to prove their worth through innovation. Engineering Innovation for a more resilient world India celebrates Engineer’s Day on September 15 every year. It marks the birth anniversary of Dr Mokshagundam Visveswaraya, who is popularly known as the “Civil Engineer of India” and the “Father of Modern India”. The theme for this year’s Engineers’ Day is “Engineering Innovation for a more resilient world.” Engineer’s Day is observed to encourage and recognize the contribution of engineers in nation building. It is a day to celebrate the “ingenuity and innovation” of engineers. Engineers are the architects of innovation and the backbone of technological progress. It’s a day to honor their contributions and aspirations. Their knowledge is not only restricted to infrastructural development, but innovation in numerous facets of society. Engineers play pivotal roles in healthcare, environmental sustainability, technology, and even artistic endeavors. This Engineer’s Day, we reached out to learners who are engineers, and are enhancing their careers through Online Manipal. Here’s how Online Manipal is contributing in elevating the careers of engineers. Kamalesh Debnath, online MBA IT & FinTech “As an engineering graduate, I believe that an online MBA with a specialization in IT & FinTech will help me boost my career further. Moreover, I can get a master’s degree that will add more value to my professional advancement. A few subjects covered in this program curriculum will help me enhance my knowledge in the field of IT, and I believe it will help improve my knowledge on the job” Saurabh Singh, online MBA, Operations Management As a mechanical engineer, I decided to pursue an MBA degree in Operations Management to gain technical knowledge and improve my management skills. Business and management skills have become essential in today’s world. With a combination of technical and business knowledge, I believe I will be able to explore better job opportunities in various industries. Sure Alekhya, online MBA in Finance As an engineering graduate with over 13 years of experience in the banking industry, this online MBA degree will help me enhance my knowledge in finance. Moreover, it will help me improve my management & business skills which is necessary for today’s competitive job market.” Rini Alex, online MBA in Analytics & Data Science After completing my engineering, I started my own salon. I wanted to parallelly pursue an MBA to get a master’s degree. Online Manipal turned out to be the best choice for me as the program is flexible and convenient. I also chose to pursue this MBA with a specialization in analytics and data science, as it is an emerging field. It is also like what I did during my engineering and can help me find a job in IT sometime later in the future. Rajeev Raushan, online MBA in Marketing After completing my engineering degree in 2017, I moved to a sales & marketing job. A couple of years into my job, I realized I wasn’t able to grow because I didn’t have an MBA. This online MBA from Manipal University Jaipur is flexible and allows me to improve my knowledge and write exams conveniently. Also read: How will an MBA in Operations Management benefit engineers? Wrapping up This Engineer’s Day, Online Manipal reaffirms its commitment to empower engineers by providing them with the tools and resources they need to succeed in their master’s degree programs and beyond. As engineers continue to shape the world through their innovation and expertise, Online Manipal stands by their side, supporting their journey towards excellence.
Here’s how statistical analysis helps in gold investment: A practical guide Gold, often referred to as “the yellow metal,” has long held its place as a prized asset in the world of investments. While its timeless allure is undeniable, modern investors are fortunate to have data science and predictive analysis at their disposal to make more informed decisions. In this blog, we’ll delve into a comprehensive dataset to unearth key statistical insights related to gold investments. Our focus will be on GDX, a Gold Miners ETF, which serves as a good proxy for the gold market. The dataset we used for this analysis can be found at Kaggle.com. The dataset comprises a variety of variables, including historical data related to various precious metals like gold, silver, platinum, and palladium. It spans several years and includes daily price information, trading volumes, and other relevant variables. You may also like to know more about equity investment. Statistical analysis: Unearthing gold’s secrets 1. Descriptive statistics Mean GDX price: The average GDX closing price over the dataset period is approximately $26.72. Standard deviation: The standard deviation is around $10.60, indicating a moderate level of volatility. Minimum and maximum: The price of GDX ranged from a minimum of $12.47 to a maximum of $57.47. These metrics provide an initial understanding of GDX’s performance and volatility, which can be critical for investment decisions. 2. Historical trends The above chart reveals the historical behaviour of GDX closing prices. It showcases periods of stability and volatility, crucial for timing your investments. Also read: Why is statistics a core in Business Analytics 3. Correlations GDX vs. S&P 500: A correlation coefficient of -0.69 suggests that GDX can serve as a hedge during stock market downturns. GDX vs. Oil prices: A correlation coefficient of 0.61 indicates that GDX and oil prices tend to move in the same direction. 4. Volatility and risk metrics Annualized volatility: The annualized volatility for GDX is approximately 0.39, which can be a crucial factor in risk assessment. 5. Moving averages Golden cross and death cross: The 50-day and 200-day SMAs provide potential buying and selling signals, essential for short-term and long-term investment strategies. 6. Forecasting models ARIMA forecast: The forecasted GDX prices for the next 30 days hover around $21.06, providing a directional cue for potential future prices. Conclusion Statistical analysis, particularly of a gold-related asset like GDX, provides investors with invaluable insights into historical trends, risk, and correlations with economic indicators. Armed with this data-driven compass, investors can make more informed decisions about when to buy, sell, or hold gold investments. Remember, past performance is not indicative of future results, and diversification remains key to risk management. Acquiring advanced data analytics skills through a meticulously designed data science course like MSc in Data Science will help you succeed in any industry, including investment domain. The comprehensive curriculum combined with practical exposure will make you in-demand data professional. Online MSc in Data Science program from Manipal Academy of Higher Education (MAHE) is delivered by expert faculty members. It is one of the coveted online data science programs currently available in India. You can check out all details in the provided link.
How Online Manipal has helped learners become industry ready Today’s competitive job market demands graduates to be industry ready. Employers expect graduates to keep up with industry trends in their respective domains before even attending the job interview. Along with academics, it is important for mentors to train graduates to gain the necessary skills and knowledge to become job ready. In that sense, learners pursuing online degrees through the Online Manipal platform are prepared to become industry ready before they appear for placement interviews or other job interviews. Learners attend a series of webinars, hosted by experts and industry leaders, who train them to become industry ready. Online Manipal Industry-readiness sessions Here is an overview of the various skills and areas learners are coached in. Communication: Effective communication skills are vital in any job, as they ensure clear conveyance of ideas, instructions, and information. Strong communication fosters understanding, minimizes misunderstandings, and promotes teamwork, making it a cornerstone for success in the workplace. Self-development & confidence building: Continuous self-improvement and confidence building are essential for career growth. Self-assurance enables individuals to tackle challenges, take on new responsibilities, and adapt to evolving job roles, fostering personal and professional development. Leadership: Leadership skills are highly sought after by employers. Effective leaders inspire teams, drive innovation, and guide organizations toward success. Demonstrating leadership qualities can open doors to management roles and career advancement. Professionalism: Maintaining a high level of professionalism is crucial. It encompasses punctuality, ethical conduct, and a polished appearance. Professionalism builds trust with colleagues, clients, and superiors, paving the way for career opportunities and advancement. Critical thinking & problem solving: In today’s complex work environments, the ability to analyze situations, identify issues, and devise effective solutions is invaluable. Critical thinking and problem-solving skills enhance one’s ability to contribute meaningfully to the workplace. Teamwork & collaboration: Most jobs require employees to work in teams. Strong teamwork skills enable individuals to cooperate, share ideas, and collectively achieve goals. Employers value team players who can collaborate effectively to enhance productivity. Cultural fluency: As workplaces become more diverse, cultural fluency is essential. Understanding and respecting cultural differences can help foster a harmonious work environment and open doors to opportunities in multicultural settings. Technology: Proficiency with technology is paramount in today’s digital age. Employers seek individuals who are tech-savvy and adaptable to new tools and systems, as technology plays a pivotal role in almost every industry. Graduates appearing for placement interviews must ensure they possess these skills and work on aspects they lack in. These skills are essential to survive in today’s global workforce. Students enrolled for various online programs on Online Manipal can build on essential skills by attending various webinars from industry experts.
How to prepare a strong MBA resume? An MBA student resume briefly summarizes your educational achievements, career successes, and leadership skills. A solid CV positions you as the best prospect among applicants with comparable backgrounds and achievements. An MBA resume is often the first page of your application packet that the admissions team sees. It is more like creating your first impression. One of the most common mistakes in MBA applications is not devoting enough work to your CV. While the admissions staff may not spend as much time on it as they will on other sections of your application packet, it is likely to be the first summary of your education and work that they see. The most successful MBA resumes are easy to read and feature figures and data to demonstrate your influence. You should also read about top soft skills that help you overcome corporate hurdles. Tips for an effective MBA resume Your MBA CV aims to demonstrate the value you will provide to the graduate business school and its alumni network. Here are some tips for creating a sound MBA resume that will attract the interest of interviewers: Include a resume aim, or professional profile Add a short paragraph highlighting your most notable accomplishments to the beginning of your resume. If you have prior experience, choose professional software. Give an overview of your career and a summary of your accomplishments. Avoid using technical jargon The admissions team may be unfamiliar with industry-specific acronyms and jargon. Use business jargon that is widely understood or avoid using them. As a result, it is critical to avoid such jargon and translate it into simple business language. Examine the application specifications Certain graduate schools will only accept resumes that are produced using their established MBA word resume templates, which may be found on their websites. Examine their regulations and standards thoroughly. Two-page resumes are OK if needed Unlike a traditional resume, you are not required to submit a one-page resume with your MBA application packet. Yes, a one-page resume is recommended, but if you have more than ten years of experience, two-page resumes are acceptable to ensure you don’t overlook key professional facts. Use your space carefully Unless you got a significant reputation or substantial success in high school, most graduate business programs aren’t interested in your high school years. Highlight accomplishments rather than tasks. Be as brief as possible Keep your MBA resume concise to present yourself as a top candidate for your preferred graduate school. Include any essential educational and professional history information, but avoid over-explaining your work responsibilities. Check out: 10 common resume mistakes to avoid when applying for jobs How is an MBA resume different from a regular job resume? The following pointers make an MBA student resume different from a regular one: An MBA resume should convey your worth and effect on the business world, both now and in the future. It is as opposed to a job resume, which aims to explain how you can satisfy a job description or carry out certain tasks and responsibilities. While both an MBA and a job resume may help you advance in your profession, they differ greatly in structure, objective, and wording. A job resume demonstrates your qualifications for a position, whereas an MBA resume demonstrates your ability to make an impact in the corporate sector. Rather than emphasizing employment skills, the MBA CV emphasizes business leadership competencies. MBA resumes should be concise and to the point. Making a one-page CV that sticks out, demonstrates your uniqueness, and explains why you should attend business school is tricky. Also read: How does an effective resume create a positive impression on the recruiter? Learn from the best. Get an online MBA through Online Manipal Both undergraduates and working professionals can opt for an online MBA program from Manipal University Jaipur through the Online Manipal platform. It’s a self-paced learning program offering interdisciplinary knowledge and strong academic support. Besides, students are trained for placement through vigorous activities including resume building, interview tips, mock interviews, skill enhancement, and placement drives. Let’s also check out Are you eligible to study MBA online? Conclusion A strong MBA resume may make you stand out on admissions committees if you decide to pursue a Master of Business Administration (MBA) at a graduate business school. It can also help you get accepted into your top choice school and boost your chances of landing the desired job once you graduate. Consider this an opportunity to impress admissions committees that you are the ideal applicant for their school by carefully constructing a narrative highlighting your remarkable abilities and experiences.
What do recruiters across industries look for in candidates? In today’s job market, you often need to demonstrate more than just the necessary attributes to get noticed and hired. There are some specific traits that almost every employer looks for in candidates during the recruiting process, irrespective of the firm, job role, or pay range. The most desired employee qualities are frequently ubiquitous, even if certain vocations require an infinite variety of skills. There is a lot of competition in today’s job market, and recruiters are looking for the best talent to hire for their organization. Technical abilities will make you stand out immediately, but hiring managers are aware of the significant implications soft skills have on the ethos and efficiency of the business. But what do recruiters look for in prospective employees? What qualities and abilities are they looking for in new hires? Read on to discover some of the abilities that stand out to recruiters in candidates. Check out: How Online Manipal has helped learners become industry ready Attributes that recruiters look for in prospective employees Here are some attributes and qualities that hiring managers are looking for in a candidate which can help you stand out during the hiring process: Willingness to learn Employers want to hire individuals who can consistently contribute to their organization, whether it’s by rising to senior roles or by bringing in fresh skill sets and expertise. Taking online classes is one way to illustrate to recruiters that you are planning for the future, contemplating your upcoming role or the in-demand skills your industry may demand in the coming years. Your willingness to learn and progress will come across in your attitude, and your interviewing skills may also get a boost. Ability to adapt to the evolving job market Employees must be prepared to adapt as skills evolve in today’s job landscape. Additionally, with the advent of hybrid job categories, it’s vital to efficiently acquire and blend diverse skills. The ability to tweak the challenges of the job market can be exhibited by studying a discipline that doesn’t correspond to your existing background. Equip yourself for hybrid careers in developing sectors by mastering in-demand skill sets like data analytics and digital marketing to stand out to organizations. Effective communication Individuals should be intellectual and adept at using a combination of both verbal and nonverbal channels, including social media, email, telephone, in-person interactions, and others. This trait facilitates the development of strong commercial ties and interactions with different organizational departments. Effective communication helps a candidate stay connected with the business for potential prospects in the future, even if they are spurned in the interview. Also read: Investing in your future: The importance of skill development for career success Leadership traits Technical expertise and an impressive resume are undoubtedly important attributes in a job application, but they aren’t always sufficient to set you apart. Employers are especially interested in whether or not you possess the leadership skills required for managing and executive positions. You’ll be better able to motivate others to join you in working toward your team’s goals by mastering soft skills like cooperation and collaboration. Passion for work The passion a candidate has for their profession is among the most crucial traits a recruiter looks for. Recruiters seek candidates who are enthusiastic about their work, the business they work for, and the cause they are supporting. All of the employee characteristics are undoubtedly significant, but work passion is extremely considerable. While unenthusiastic employees may accomplish their tasks for a while, if they lack passion for the work, they are missing the essential component for sustainable, long-term performance in the business. High emotional quotient (EQ) Applicants with low emotional quotient tend to undermine the workplace since they demoralize both themselves and their coworkers. The management then has to invest a lot of time in making the workplace positive and zealous. The straightforward qualities that enable emotionally intelligent individuals to stand out and grab the notice of both current and potential employers include: The skill to motivate and convince others. Inspiration to advance in all fields. Having the competence to manage leadership challenges. Cultural fit Cultural fit is a crucial consideration for the majority of professions when it comes to recruiting. You’ll probably be asked queries during an interview to ascertain whether or not you suit the corporate culture. Being genuine and being who you are is the best approach to disseminating your ideals. Additionally, it’s a smart option to do some preliminary study on the company’s culture and provide instances of how you’d fit in. Teamwork Teamwork is crucial for all businesses, from startups to large multinational enterprises, as a company is never run by one individual. No business wants to recruit a candidate who struggles to work well in a team environment and produces deliverables more quickly and efficiently. The applicant should provide optimism to the workplace and be a team player. Also read: Top 10 fastest growing digital skills 2023 Wrapping up It’s a wise move to be aware of what recruiters are looking for in candidates when preparing your portfolio and getting ready for interviews. As recruiters look to hire the best applicant available for the position, the characteristics discussed above will help you stand out from the crowd and gain an advantage over your contemporaries. You’ll be a step closer to getting your dream job if you show the abilities and experience hiring managers would like to see. Today, most colleges and universities, both online and on-campus, are preparing their students to stand out in the job market by providing the necessary placement training besides providing them with academic knowledge. Online Manipal is one such e-learning platform of Manipal University Jaipur(MUJ) that offers UGC-entitled online degrees with industry-relevant curriculum and placement assistance. Students who want to get a degree from a safe environment and working professionals who want to upskill themselves without quitting their jobs can opt for online degrees offered by MUJ. Check out: Hear from Online Manipal learners on how they have been trained to face placements
Commonly asked interview questions and how to answer them As you prepare for your interview, you may consider preparing for the questions an employer will most likely ask you. While there’s no way to know for sure what topics they cover, you can expect commonly asked interview questions. While having a prefabricated response for every interview question is not recommended, it is highly valuable to become acquainted with what you could be asked. You’ll also get to know what hiring managers are truly looking for in your response and what is necessary to prove that you’re the ideal person for the position. Each interviewer is unique, and their questions may differ. You may generate interesting talking points for your next job interview by preparing responses to these frequent interview questions. Also read: The different types of interviews & how to handle them Commonly Asked Interview Questions The following set of questions is some of the most popular questions in job interviews. Having a grasp of these answers will help you ensure that you always come prepared to answer the common interview questions and seem confident. Following are the answers to the mentioned questions: Q. Tell me about yourself. Since this question appears straightforward, many individuals neglect to prepare for it, yet it is critical. Instead of giving your whole professional (or personal) history, deliver a pitch that’s concise, captivating, and demonstrates why you’re the best match for the position. It is advised to utilize a present, past, and future formula. Q. In what ways can you contribute to the organization? Talk about your present job, including the scope and potentially one major accomplishment, and then provide some history on how you got there and related experience. Finally, explain why you desire and are qualified for this position. If you are a fresher, highlight your skills you acquired and your accomplishments during your degree program. You can also speak about some interesting project ideas or pitches. Q. What are the key issues in your field/industry today? Interviewers who pose this query are not merely trying to find out about your history. They want to know that you are aware of the issues and challenges facing the organization or field, as well as how you will fit in with the current structure. To understand whatever problems you are being hired to solve, attentively review the job description, research the company, and pay attention in your initial rounds of interviews. Therefore, the idea is to tie your talents and experiences to what the organization requires and offer an example of how you’ve done similar or transferrable work in the past. Check out: Commonly asked behavioural interview questions and how to answer them Q. Why should we hire you? This interview question appears straightforward, if not daunting! But if you’re asked this, you’re in luck! There is no greater opportunity to pitch yourself and your abilities to the hiring manager. The trick here is to come up with an answer that convinces the interviewer of the following: That you are able to do the task and produce quality results That you’ll get along with the group and the culture well That compared to the other applicants, you would make a better hiring choice Q. What in your opinion are your strengths and weaknesses? When employers ask this question, they test whether you are aware of your positive traits and how you will use them in your workplace. Be confident when you’re mentioning your strengths as it reflects your honesty. Evaluate your strengths and see how you can connect it with the job role you are applying for. Employers also want to know your weaknesses and evaluate how you will work on them eventually. Q. How do you manage to work under pressure? You could feel the impulse to dodge this question to demonstrate that you are the ideal candidate and capable of handling everything. But it’s crucial to avoid passing this off, so refrain from saying things like, “I simply put my attention down and push through everything” or “I don’t get stressed out.” Instead, discuss your tried-and-true methods for coping with stress, such as 10 minutes of daily meditation, running, keeping an extremely-detailed to-do list, effective communication, and other proactive measures. The cherry on the cake would be if you could provide a specific example of a challenging scenario you overcame. Q. Tell me about a difficult situation you faced with a colleague. It is important to give an honest answer when this question arises. The employer basically wants to know how you overcome a challenging situation. Consider talking about how you handled the situation positively without hurting the sentiments of your co-worker. The answer you give tests your communication skills, integrity, negotiation skills and ability to react to unexpected situations. In case you haven’t had a tough situation with a colleague, you can speak about a personal instance and explain how you dealt with it. Q. What are your short-term/long-term goals? The interviewer asks this question with a curiosity to understand whether your goals have a realistic future. This helps them evaluate whether you will be able to achieve the company’s goals. Give a clear answer and as to how your goals align with your job role. Your answer must convince the employer that your goals also help you grow professionally and personally. Also, don’t promise unrealistic goals; try to give a realistic framework. Q. Where do you see yourself five years from now? This is one of the most commonly asked questions in interviews. Understand your job description and analyze how you would want to improve your skills and knowledge in order to move to a senior position in the coming years. For instance, you can say, “I’m excited to take up this job role and I see myself as an expert in this domain after five years.” You could also speak about leading a team since you will have relevant experience five years into your job role. Q. Do you have any questions for me? Most candidates’ answer for this question is a no. Many don’t realize that they have lost an opportunity to find out about the organization you are going to work in. Try asking questions about the role, the scope of the role in future and the kind of skills you need to work on to ace the role. Check out: Negotiating salary and benefits during job offers Things to consider before appearing for an interview Here are some things to keep in mind before you appear for an interview Research about the company: An essential step in the process of job searching is researching potential employers. Knowing a company well may help you decide whether a job opportunity fits your career aspirations, allow you to customize your application and CV, and help you stand out from the competition, particularly during an interview. Review the job description: The tasks and obligations of a given position are clearly understood when one is sufficiently familiar with the job description. An employee’s required education, training, and abilities are often listed in a job description, providing candidates with a general idea of their self-evaluation and preparedness. Practice introducing yourself: What you do, who you are, and why others should care about you are all explained in a self-introduction. Include information about yourself, such as your name, preferred occupation, and significant facts. You can provide a brief self-introduction during a job interview to assist the interviewer in getting to know you better and gauging your confidence level and presentation. Therefore, the more practice you have with it, the more you will get from the interview question about yourself. Have positivity in body language: A prominent example of non-verbal communication is body language, which puts us in a state of comfort, likeability, and respect. Also referred to as open body language, it helps us get comfortable during conversations and is thus an important attribute in cracking a job interview. Strike the right tone: A confident tone is necessary for a candidate to make a good impression during the interview, and speaking clearly will help indicate effective communication. They must also watch out for becoming too casual or intimate. Highlight your skills based on the job roles: The best way to show off your abilities and skill set is by using illustrations. By demonstrating how your skills have been put to use, you could persuade the hiring manager that you are a suitable fit for the job. Instead of bragging about how well you utilized your skills, explain how they align with the company’s requirements. Also read: The role of placement support services in bridging the job readiness gap Be interview-ready with Online Manipal placement assistance services To make sure that all students pursuing various online courses through Online Manipal secure jobs right after completion of their courses, Online Manipal provides placement assistance services which include resume building, interview preparation tips, skill assessment & advancement, industry-readiness sessions, and placement drives. By participating in these placement training activities, students can improve their chances of getting a job. Conclusion While the mentioned common interview questions will greatly help you, do not entirely rely on them, as interviewers always try to bring unique parameters to the interview of a potential candidate. There are a few more aspects that might benefit you in a job interview, and you must ensure to go through them, such as preparing your responses to the scenario interview questions. For example, a gap in your job history, the reason for your termination, etc. All the best for your upcoming interview!
Virtual hiring is the new normal The coronavirus pandemic has changed our lives drastically and has also changed the way we do things. One such change that the pandemic has brought about is the shift to virtual hiring. The process of hiring is changing drastically. Virtual hiring is on the rise, and most interviews now take place through video calls. According to reports, 60% of recruiters use videoconferencing for candidate interviews. So, what is virtual hiring? Virtual hiring is a type of recruitment process that is conducted entirely online through virtual placement drives. Many companies are using this process to hire new employees, which has recently gained traction. For example, e-commerce giant Amazon introduced its Virtual Recruiter, an Alexa-enabled project available only on Android, to assist candidates in accessing all pertinent details about the company to prepare for the screening process and use training materials. Virtual hiring technology played a crucial role in the recruiting process at Tredence, a Data Science and Artificial Intelligence engineering company, which has tripled its staff to more than 1,200 employees since the COVID pandemic. You can also read, Are recruiters in favor of hiring candidates with online degrees? What is the process of virtual hiring? The process of virtual hiring is fairly simple. It starts with a job posting, where the company outlines the job requirements and details for the position. Interested candidates submit their resumes and applications online. The company then reviews the applications and shortlists the best candidates. After shortlisting, the company contacts the candidates and sets up a virtual interview. During the interview, the interviewer gets to know the candidate and their skills and abilities better. Once the interview is over, the company reviews the feedback and makes a final decision. How to host a virtual hiring event? To create a successful virtual hiring event, you should ensure that the platform you are using is secure and user-friendly, provide job seekers with detailed information about the job, and get feedback from both interviewers and job seekers. You can learn more about preparing for the post-Covid-19 world. Advantages of virtual hiring The advantages of virtual hiring are huge for both employers and candidates. For employers, the cost-effectiveness and time-saving of virtual hiring are unparalleled. Employers no longer need to spend time and money on in-person interviews or travel to the candidate’s location. Furthermore, recruitment paperwork is reduced drastically. From the candidate’s point of view, virtual hiring provides the opportunity to apply for more jobs without the hassle of traveling. Candidates can also use the virtual interview platform to demonstrate their skills more effectively. All in all, the numerous advantages of virtual hiring are undeniable and can help employers and candidates alike to benefit from the process. Key differences between virtual hiring and traditional hiring Below are the key differences between virtual and traditional hiring that you must know. Virtual hiringTraditional HiringConducted online: Virtual hiring is conducted completely online, which means that recruiters, job seekers, and hiring managers can all participate from any location with an internet connection.Conducted in-Person: This means that the process of hiring involves physical meetings and interactions with potential candidates. It often involves travel and other costs associated with meeting in person.Cost-effective: Virtual hiring is much more cost-effective than traditional hiring methods, as it eliminates the need for travel expenses, physical office space, and even printing costs.Costly: Traditional hiring can be very expensive. It includes travel expenses, time spent recruiting and interviewing candidates, and the cost of hiring the wrong candidate.Requires internet connection: To participate in virtual hiring, all parties must have access to a reliable internet connection.No internet connection required: Traditional hiring does not require an internet connection. All of the interactions and communications are done in person.Quicker process: Virtual hiring is much more efficient than traditional hiring methods, as it allows the hiring process to be completed much faster.Time-consuming: Traditional hiring is less efficient than online hiring. Finding and hiring the right candidate takes longer as it involves more steps and interactions.Wider reach: In virtual hiring, more candidates can be interviewed as it allows recruiters, job seekers, and hiring managers to participate in the hiring process from any location with an internet connection.Geographical constraints: In traditional hiring, it is difficult to interview persons who are away from the recruiting company’s region and the number of candidates who can be interviewed is limited. Check out: Interview follow-up and post-interview etiquette Online Manipal prepares students for Virtual Interviews With the shift to virtual hiring, job seekers must be prepared for virtual job interviews. Online Manipal, the e-learning platform of Manipal University Jaipur which provides a wide range of online UG and PG degrees also assists students in preparing for virtual job interviews through resume building and Interview preparation tips. It provides students with the tools and resources needed to make a successful job interview and land their dream job. Also read: Hear from OM learners on how they have been trained to face placements Conclusion Virtual hiring has become an increasingly popular recruitment method as it is cost-effective, time-saving, and efficient. It also eliminates the need for job seekers to travel for interviews and allows them to apply for more positions. With appropriate preparation and guidance, job seekers can ace their virtual interviews and secure their desired job. Additionally, you should also ensure that the virtual hiring process is organized and structured to maximize efficiency.