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How to prepare for an MBA program

In the contemporary professional landscape, pursuing an MBA has emerged as a compelling imperative. The demand for this advanced degree is symbolic of its relevance and transformative potential. An MBA equips individuals with a multifaceted arsenal of skills, including strategic acumen and leadership proficiency, making it a coveted asset in the competitive job market. As businesses face increasingly complex challenges, the need for individuals who can think innovatively and tackle these issues head-on is on the rise. 

Consequently, getting ready for an MBA course entails honing one’s analytical abilities, strengthening interpersonal communication, and cultivating practical experience. For a successful entry into the field of MBA education and job progress, this preliminary guidance is essential. The road to success in an MBA program is not without challenges, though. 

This post will provide prospective MBA candidates with a detailed roadmap for preparing for an MBA program, along with the factors to be considered while preparing for an MBA.

Read More: How an MBA impacts your career 

How will an MBA help your career?

Let’s delve into the key benefits of pursuing an MBA.

  • Enhanced knowledge and skills:

MBA programs provide an in-depth and practical understanding of various aspects of the business. Participants gain a thorough understanding of finance, management, marketing, and strategy via demanding coursework, research projects, and real-life applications. This is not just conceptual understanding; learners may utilize it as a toolset to make well-informed decisions, analyze complicated business situations, and lead efficiently.

  • Career advancement:

Career advancement is a primary motivation for many MBA aspirants. Employers find great demand for graduates owing to their leadership abilities, specialized knowledge, and skill set acquired during the program. They frequently advance to higher positions within their firms and are in an ideal spot to take on leadership roles in other sectors of the marketplace. An MBA can act as a powerful catalyst for professional growth.

  • Networking opportunities:

MBA programs offer a fertile ground for building a robust professional network. Students interact with a diverse group of individuals, including fellow students, faculty, industry experts, and alumni. These connections are instrumental in advancing one’s career. The relationships formed during your MBA journey can be a lifelong asset, opening doors to collaborations, mentorships, and business partnerships.

  • Entrepreneurial skills:

For aspiring entrepreneurs, an MBA can be a significant catalyst. MBA programs often include courses and resources dedicated to entrepreneurship and innovation. You’ll learn the intricacies of business planning, strategy development, financial management, and risk assessment. Moreover, you may have access to incubators, mentors, and venture capital networks within your MBA institution. These resources can be instrumental in launching and scaling your own business successfully.

  • Global perspective:

In our increasingly interconnected world, global perspectives are highly valued. Many MBA programs incorporate an international component into their curriculum. This exposure helps students develop a more profound understanding of global markets, cross-cultural communication, and international business practices. Such insights are invaluable for professionals working in multinational corporations or those seeking to expand their businesses internationally.

  • Higher earning potential:

While not the sole motivation for pursuing an MBA, the financial rewards are noteworthy. Graduates often command higher salaries, bonuses, and job offers compared to their non-MBA peers. The investment in an MBA program tends to yield a significant return throughout one’s career. Beyond immediate financial gains, an MBA instills a sense of confidence and financial security.

Check out: How can an online MBA help your career 

Things to consider while preparing for an MBA

Preparing for an MBA is a significant undertaking that demands a high level of consideration and planning. Here’s a  guide on the MBA program readiness tips to take into account:

  • Assess your skills:

Starting on your MBA journey? It’s imperative to conduct a comprehensive self-assessment. This involves identifying your strengths, weaknesses, and current skills. Recognize both hard skills (technical competencies) and soft skills (communication, leadership, teamwork) that are crucial in the career path you wish to take. This self-evaluation will serve as the foundation upon which you’ll build your MBA experience.

  • Know your career aspirations:

Clearly defining your long-term career goals is a cornerstone of MBA preparation. Consider what specific roles or industries you aim to pursue post-MBA. Understanding your career aspirations will help you tailor your program selection, specialization, and networking efforts toward achieving those objectives.

  • Weigh pros and cons:

Enrolling in an MBA program requires a significant financial and time commitment. So, carrying out a cost-benefit analysis is crucial. Weigh the potential career benefits, salary increases, and networking opportunities against the financial costs and time commitment required. Assess your readiness for these sacrifices and evaluate the return on investment in your unique context.

  • Choose a suitable mode of study:

MBA programs are available in various formats, such as full-time, part-time, online, and distance learning. Carefully consider which mode aligns best with your lifestyle and objectives. While part-time or online programs let you learn while being employed, full-time programs offer a more comprehensive educational experience. Your choice should support both your professional and personal objectives.

  • Select the right college:

Research and select the business schools that best match your career goals. Consider factors like school reputation, faculty expertise, available resources, location, and alumni networks. Top-tier schools often provide a broader range of opportunities and networks but don’t overlook the specific strengths of lesser-known institutions that may align more closely with your interests.

  • Opt for the suitable field of study:

MBA programs offer a myriad of specializations, from finance and marketing to entrepreneurship and healthcare management. Select a specialization that fits both your interests and career objectives. Your chosen field will shape your coursework, internships, and job prospects post-graduation.

Read More: Differences between Regular MBA, Online MBA, and Distance MBA – Which Is Better?

  • Get ready for entrance exams:

Standardized assessments such as the Graduate Management Admission Test (GMAT) and Graduate Record Examination (GRE) are required for many MBA programs. Preparing for these exams is crucial. Enroll in test preparation courses, study sample questions, and take practice tests. Adequate preparation can significantly impact your chances of gaining admission to your desired program.

  • Prepare for admission interviews:

Admission interviews are a critical part of the application process and MBA program preparation strategies. Practice your responses to common interview questions, emphasizing your achievements, leadership experience, and how you’ll contribute to the school’s community. Showcase your genuine passion for the program and your alignment with its values and culture.

Get an online MBA degree of the highest standard

The educational institutions within the Manipal Group, notably Manipal University Jaipur (MUJ) and Manipal Academy of Higher Education (MAHE) offer online MBA programs that adhere to the highest standards of excellence, aligning seamlessly with their traditional MBA counterparts. 

These UGC-entitled online MBA programs offered through Online Manipal (OM) stand out for their extensive spectrum of specializations and elective courses, allowing students to customize their academic journey to suit their specific interests and career objectives. What elevates the Online Manipal experience is its innovative educational methodologies, which leverage state-of-the-art technology and a dynamic e-learning platform, creating an immersive and intellectually stimulating learning environment. 

Further enhancing this journey is the faculty, composed of industry luminaries, and a robust support system designed to empower students to navigate the competitive business landscape effectively. Online Manipal’s online MBA programs represent an ideal choice for those seeking the utmost prestige and flexibility in their pursuit of a world-class MBA education.

Also read: Best MBAs for working professionals 

Conclusion

Preparing for an MBA program is an undertaking of profound significance, one that can significantly shape your career and personal development. This journey necessitates astute choices, rigorous preparations, and a relentless commitment to growth that equips you with the skills and knowledge to thrive in a competitive world. Following the aforementioned steps to prepare for your MBA journey will be of great help. 

To expedite this journey, consider enrolling in online MBA programs from Manipal University Jaipur, a distinguished institution that combines academic excellence with flexibility and accessibility. Your future awaits – seize it with unwavering determination.


Also read: 10 reasons why should you choose an online MBA in India

Navigating Career Growth with Manipal University Jaipur’s Online MBA Programs 

In the pursuit of career advancement, strategic decisions often play a pivotal role. Manipal University Jaipur’s online MBA programs have proven to be transformative for professionals seeking to enhance their skills and knowledge. Let’s delve into the personal experiences of three individuals who, each with a distinct background, found their career paths flourishing through the flexibility and relevance offered by Manipal University Jaipur’s online MBA programs.

Rajeev Raushan – Marketing maven

Having started pursuing MBA to realize his dreams of promotions and a lavish career, Rajeev Raushan says “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.”

Kamalesh Debnath – IT & FinTech trailblazer

Knowledge is the core of owning any successful happy career. Realizing the same, Kamalesh Debnath says “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 – Bridging technical and managerial excellence

Being a niche domain, Operations Management is not an easy domain to succeed in. Determined to make it big on the same, Saurabh Singh, says “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.”

Conclusion

The testimonials of Rajeev Raushan, Kamalesh Debnath, and Saurabh Singh underscore the transformative impact of Manipal University Jaipur’s online MBA programs. These professionals found tailored solutions to their career aspirations, whether it be flexibility in marketing, specialization in IT & FinTech, or bridging the gap between technical and managerial expertise. Manipal University Jaipur serves as a guiding light, illuminating the path to career growth through innovative, flexible, and industry-relevant online MBA programs. The journey towards professional excellence is not just about acquiring a degree but about gaining the knowledge and skills that catalyse meaningful career advancements.

The World Cup of online education 

In the not-so-distant past, the pleasure of witnessing one of the finest sports – CRICKET, was only limited to the crowds that could make it to the stadiums. Earlier, cricket matches were recorded, and parts of the match were stitched together in the form of reels, as we call it today, and were played in theatres before the movies. However, cricket managed to reach millions of Indian households through Bombay Talkies, a pioneering studio based out of Mumbai, that was founded in 1934.  The arrival of television only accelerated the fandom for the Cricket World Cup, by bringing the matches into the living rooms of millions. The most memorable moment for a cricket fan must be India’s tour of Pakistan in 1978-79 which was directly telecasted on TV resulting in a rapid increase of Television sales. Thanks to satellite television in the 1990s, cricket became the most viewed show in the country.  

Read more: The financial dynamics of the ICC World Cup 2023

Just like it is a dream of every Indian cricket enthusiast to witness a live cricket match with legends making/breaking records, it is a non-negotiable aspiration for us Indians to make it big in education. Completing high school, opting for an under-graduation and even completing a post-graduation is as much a part of our DNA as the love for cricket is. From gurukuls to home video screens, our education system has come a really long way. What was once considered a privilege blessed upon a very few and achieved by otherwise outstanding individuals, has now become a basic right of every Indian. As the education system continued to try and accommodate more learners, the whole landscape of online learning just made the process of accessing quality education a lot more realistic. 

Today, education is as much a global spectacle as cricket and is at the doorstep of anyone with an internet connection. Let’s delve into the intriguing parallels between the evolution of these two seemingly disparate entities. 

Cricket & education: An elite affair back in the days 

Once upon a time, cricket was a sport that only a privileged few could witness live. The stadiums echoed with the cheers of the elite, and the World Cup was an exclusive affair, limited to those who could afford the time and expense of attending matches.  

Did you also know that even education was largely accessible only to the privileged. For instance, in Europe, schools were run by Churches and were reserved only for the elite! 

Accessibility: From elite to everyone 

From what was accessible only to those who could afford the time and expense of watching live cricket matches in stadiums, cricket soon became more accessible to people from all walks of life. Thanks to television, cricket was viewed with utmost passion by every household.  

Also, the idea of online learning came about much before you thought it did. In 1994, the first teleconferencing facility at IGNOU (Indira Gandhi National Open University) offered a one-way video and two-way audio communication through phone lines. However, things went down south due to lack of technology. After Covid, technology was put to its best use by way of online learning. 

You may like to know about the business model of IPL.

Live telecast of cricket & classes 

After televised cricket became a democratic experience, live telecast of cricket made it possible for ardent fans to watch their favorite players from the comfort of their homes. All they had to do was switch on their television sets, subscribe to the channel and enjoy the match! 

Similarly, online education united learners from different backgrounds, providing them with equal opportunities to pursue knowledge and skills, all from the comfort of their homes.  

Live cricket or live classes: All at your fingertips 

The parallels between cricket’s journey and the rise of online degrees deepen with the role of technology. Cricket live streaming soon reached mobile phones and digital broadcasts have brought cricket matches to our fingertips. Missed a live match? Worry not! You can watch match highlights online too.  

Read more: Everything you need to know about the Tech Marvel at ICC Cricket World Cup 2023

On the other hand, whether you want to attend live classes or study, you can do it anywhere, anytime, on your mobile phone.  

DRS = online proctored exams 

DRS has been such a savior for cricketers as it has helped umpires make more accurate decisions. There might be a slight chance for an umpire to make a wrong call, but one cannot mess with technology.  

In the same way, if you think writing exams in the online mode is easy, you’re wrong. The concept of online proctored exams has made it difficult for learners to engage in malpractices, allowing for an ethical online examination process. 

Conclusion 

From exclusive spectacles limited to the elite, both cricket and education have evolved into global phenomena, accessible to anyone with a desire to participate. The democratization brought about by television in cricket and online platforms in education has broken down barriers, creating a more interconnected and inclusive world. 

On my 50th Birthday, I gifted myself an online MBA: Sarina D’Silva Menezes 

“It was always a heartfelt desire to pursue a Masters Degree in Business from a reputed University and I am pleased to have chosen Manipal University Jaipur. They have a good understanding of busy work lives and this for me was an opportunity to fulfil a desire right where I am,” says Sarina D Menezes, Head & Vice President- Brand Marketing & Corporate Communication at Oberoi Realty Ltd who has had an illustrious career of over 30 years with multiple hospitality and real estate luxury brands.

(Receiving the distinguished alumnus award from Welcome Group School of Hotel Administration, Manipal University, 2018) 

Sarina started her BA degree in Economics, Psychology and Sociology at St Xavier’s College Mumbai but soon realized she wanted to pursue a professional course and stumbled upon WGSHA at Manipal University (now MAHE) that offered a degree in hotel management & hospitality in collaboration with ITC Hotels. Making her a former Manipal University Alumnus too.    

(Sharing a moment with renowned chef Vikas Khanna)

The initial stages of her career were focused on developing business skills and finding opportunities to grow as a leader. However, having always known that she enjoys working and interacting with people – be it customers or colleagues in the service industry, she picked roles that involved plenty of opportunities for human interaction and connectivity. 

“I started off in Sales and Business Development in the luxury hospitality industry. Starting with ITC Hotels and then moving to Oberoi Hotels. Being a very demanding and fast paced industry, I did not have the time to think or pursue an MBA. Besides I was enjoying  the steep learning curve and every aspect of the industry. In 1996, I was approached by a hospitality veteran who was starting India’s first private membership club and that was an opportunity to make my foray into Branding and Marketing. I realized that my strength was in using storytelling, creativity and innovation as a Brand Custodian.  

In 2020, Sarina moved to an International Property Consultancy and into Prime Real Estate. My role was to market Branded and Prime residential properties located in New York, London, and Dubai. Later, I moved to Oberoi Realty Ltd as Vice President – Brand Marketing and Corporate Communication. An exhilarating journey so far and an opportunity to work with the best in the luxury real estate and hospitality segment,” she says. 

(With her colleagues in England) 

Throughout her career, surprisingly, she was never questioned for not having an MBA degree. Speaking about why she did not pursue one, Sarina says, “Looking back, I feel my entire career span has been like an MBA learning as I worked with the best and some fabulous Leaders. India was at the cusp of liberalization in the early 90’s. There was lots happening at the work place. And in those days, the halls of MBA schools were the likes of IIMs, Bajaj and NMIMS – which were for the far and few toppers. Business schools had a very tough and rigorous entrance process.”

She enjoyed working closely with Leaders who invested in her. Having to juggle work and family life, there was no time to give up work and go back to University. However, as her career progressed, the desire to acquire a Masters degree surfaced and grew stronger again. After much searching and years of waiting for a flexible learning opportunity, she came across Manipal University Jaipur when they announced their two-year online MBA degree in 2021.

“It’s amazing to see Universities now come home. I found the curriculum designed very well to provide flexibility, cater to different learning styles and the convenience to plan study times considering I am a self-study person. So in 2021, I decided to gift myself an MBA course on my 50th birthday,” she says. 

The biggest learning or takeaway for Sarina in these two years was the discipline of leadership and how it affects and percolates down to different business functions and finally the stakeholders.

(With children Naomi and Nathan) 

“There were challenging times when I did feel like giving up” 

“I enrolled for the program in April 2021 during the second lockdown. Things were still slow but soon India opened up, business started accelerating and I changed jobs. It was the most challenging time for me to manage the transition, demands of a new job and exams. Some exams were on the day of the product launch. I would give my exam in the morning and rush for the launch in the afternoon,” Sarina says. 
Sarina diligently listened to lectures every weekend. “As an auditory learner, I like to learn by listening and reading. I also used my work experiences to illustrate and write my papers. Lunch times at work, evenings and weekends were all dedicated to studying as we approached exam dates and submissions.” she says. 

“The program curriculum is beautifully designed” 

Throwing some light on the online MBA course structure, she says, “It’s a well-designed program because of the flexibility it offers. If I’m not able to make it for a particular session or lecture, there’s a recording I can listen to in the car during travel times on my phone. There is good reading and listening material to study when I wanted so even when I was in London, I could read my notes.”

“One must upskill and work on further qualifications” 

Sarina believes that young people at mid-management level must consider an MBA after a few years of work life if you want to grow to lead a department and a business.

“Fortunately my experience was different. I was never asked me why I did not have a Masters degree. I was never declined a promotion or a leadership role because of a lack of a MBA degree. But those times were different, I have worked with businesses at a time when India was on the brink of opening up. And now, of course, this whole journey of becoming one of the fastest growing economies. Hence, it is imperative to qualify yourself and not rest on the fact that if I am not asked, there is no need to qualify.” she explains. 

Importance of AMBA accreditation for online MBA 

In the contemporary landscape of higher education, the pursuit of an MBA (Master of Business Administration) has never been more accessible, thanks to the availability of online programs. These digital pathways to advanced business knowledge offer the promise of a flexible and convenient learning experience. However, amid this proliferation, a critical question emerges: How does one discern between the multitude of online MBA offerings to ensure that they are convenient and of the highest quality and prestige? 

This is where the AMBA (Association of MBAs) accreditation emerges as the ultimate standard of excellence, a beacon guiding seekers of virtual education toward programs that not only meet but exceed the most stringent criteria. Understanding the profound significance of AMBA accreditation for online MBA programs is pivotal for both prospective students and institutions offering these programs. In this post, let’s uncover the significance of AMBA recognition in online MBA education, exploring what it means, why it matters, and how it can impact your career and educational experience.

Read More: MBA course guide: All you need to know

What is AMBA? 

The Association of MBAs (AMBA) is a prestigious, internationally recognized certifying organization that only evaluates and accredits MBA (Master of Business Administration) programs and associated postgraduate business degrees. Since its founding in 1967, AMBA—along with AACSB and EQUIS—has solidified its position as one of the “big three” global accreditation associations for business education. AMBA accreditation is the hallmark of educational quality in the business realm, signifying that an MBA program surpasses demanding global standards of excellence. This meticulous accreditation approach entails a thorough assessment of an array of program facets, including the standard of the curriculum, the proficiency of the faculty, the inclusion of support resources for students, and the entire educational experience. Achieving AMBA accreditation demonstrates an institution’s relentless dedication to providing exemplary business education and equipping graduates to prosper in the rapidly transforming global business environment.

Why is AMBA accreditation important? 

The importance of AMBA accreditation in online MBAs is paramount owing to several compelling reasons listed below.

  • Highest standard of achievement in PG business: 

AMBA accreditation stands as the zenith of achievement for postgraduate business programs.  It embodies a commitment to the utmost standards of academic excellence, an unwavering dedication to the cultivation of advanced managerial knowledge, and an unequivocal focus on intellectual rigor.  Programs that secure AMBA accreditation transcend mediocrity, positioning themselves as the best of all.

  • Quality assurance in business education: 

AMBA accreditation serves as a meticulous quality control mechanism. Business schools comprehensively assess every aspect of their programs to attain and maintain this accreditation. This includes curriculum rigor, faculty qualifications, research productivity, and the ability to produce graduates who meet industry demands. It ensures that students are exposed to the most current and relevant knowledge and skills, fostering their readiness for a rapidly evolving business landscape.

  • Recognized by employers: 

Employers, whether they are multinational corporations or startups, hold accredited online MBA options in high regard. They recognize it as a symbol of excellence and a reliable indicator of the caliber of graduates produced by accredited institutions. Graduates with an AMBA-accredited degree are often sought after by employers who are confident in their ability to contribute effectively to their organizations from day one.

  • International credibility: 

AMBA accreditation transcends national borders, offering international credibility to business programs. It bestows upon the accredited institution a global cachet that resonates with prospective students worldwide. When an institution achieves AMBA accreditation, it is an affirmation that it aligns with and often surpasses international benchmarks. Consequently, it draws an international cohort of students seeking a truly global educational experience.

An affirmation by the AMBA signifies a dedication to quality in all facets of business education. It shows that an academic institution is committed to turning forth graduates who are knowledgeable in business philosophy and have the practical abilities and global perspective vital to flourish in the cutthroat environment of modern business. It demonstrates the institution’s vow to produce elite future business leaders.

Also Read: Pros & cons of online MA for working professionals

AMBA-accredited colleges in India 

The list of academic institutes in India that offer online MBA programs with AMBA accreditation includes:

  • T A Pai Management Institute
  • Goa Institute of Management
  • Great Lakes Institute of Management, Chennai (including Gurgaon campus)
  • International Management Institute (IMI) – New Delhi (incl. Bhubaneswar & Kolkata campuses)
  • Indian Institute of Management Rohtak
  • Indian Institute of Management Calcutta
  • Indian Institute of Management Indore
  • Indian Institute of Management Kozhikode
  • Indian Institute of Management Lucknow
  • Indian Institute of Management Tiruchirappalli
  • Indian School of Business
  • MDI Management Development Institute
  • SP Jain Institute of Management & Research
  • XLRI Xavier School of Management

TAPMI’s online MBA in BKFS in AMBA Accredited 

T. A. Pai Management Institute’s online MBA in BKFS (Banking and Financial Services) offered through Online Manipal is distinguished by its accreditation from the AMBA, a hallmark of academic excellence and global recognition. This accreditation underscores TAPMI’s commitment to delivering a program of the highest quality. Opting for an online MBA from TAPMI provides students with a flexible and accessible path to acquiring specialized knowledge in finance while maintaining their professional and personal commitments. The AMBA accreditation adds a significant advantage to graduates, as it signifies alignment with international standards and enhances their career prospects in the dynamic banking and financial services field, opening doors to top-tier opportunities and leadership roles.

Read More: How to choose the right online MA course for your career goals

Conclusion 

In conclusion, the benefits of pursuing an AMBA-accredited online MBA are massive, as this accreditation serves as a beacon of quality, global recognition, and a commitment to educational excellence. When selecting an online MBA program, prospective students must prioritize those who have earned the prestigious AMBA accreditation. This status enriches the educational process and profoundly impacts employment prospects. Earning an MBA from an accredited program can be your passport to success, offering a world of opportunities and ensuring you remain competitive in the global job market.

Visit Online Manipal to learn more about AMBA-accredited TAPMI MBA in Banking and Finance.

The financial dynamics of the ICC World Cup 2023

The ICC Men’s Cricket World Cup is a highly anticipated event in the world of cricket, and the 2023 edition is no exception. Notably, this tournament is unique as it marks the first time India is hosting a One-Day World Cup Cricket entirely on its own. While India has previously co-hosted this prestigious event in 1987, 1996, and 2011, this time, it stands as the sole host nation, attracting significant attention to the financial aspects of the tournament.

In addition to the thrilling performances of teams and players, there’s a growing curiosity surrounding the expenses, revenues, and financial intricacies of the ICC World Cup 2023. People are keen to understand who benefits the most, who bears the expenses, and what advantages accrue to India as the host nation.

The primary motivation for countries to host such global events is to bolster their economies by attracting foreign visitors and investments. According to news reports, India is poised to gain a substantial USD 2.6 billion boost to its GDP by hosting the ICC World Cup 2023.

Key Stakeholders in the ICC World Cup Cricket

To comprehend the financial underpinnings of this event, we must first identify the three major stakeholders involved:

The International Cricket Council (ICC):

The ICC is the global governing body for cricket and plays a pivotal role in regulating and organizing international cricket competitions, including the ICC Cricket World Cup.

The ICC establishes the rules, regulations, playing conditions, equipment standards, and anti-corruption measures for the game.

Host Nation – India:

The ICC selects the host nation on a rotational basis from its 12 full-time member countries.

Ideally, one ODI World Cup should be conducted in a member nation every 20 years, though powerful nations often take the lead in hosting the tournament. In this case, India is the current host nation for the ICC World Cup Cricket.

Cricket Control Board of the Host Nation – Board of Control for Cricket in India (BCCI):

The BCCI is another significant stakeholder in the ICC World Cup. As the governing body for cricket in India, it plays a vital role in the event’s organization.

Financial Aspects: Expenses and Revenues

Let’s delve into the financial aspects by examining the expenses incurred by each of the primary stakeholders.

Expenses and Revenues of the International Cricket Council (ICC)

Expenses of the ICC for the World Cup include:

  1. Prize Money:

The total prize money allocated for the tournament amounts to USD 10 million.

The winner receives USD 4 million, the runner-up gets USD 2 million, and the losing semi-finalists earn USD 800,000 each.

Teams eliminated in the first round (group stage) receive USD 100,000, and winning teams in group stage matches collect USD 40,000.

A total of 45 matches are scheduled in the group stage for the ICC World Cup 2023.

Made with Flourish

2. Salary for Match Officials:

The ICC’s elite list comprises 12 umpires responsible for monitoring the World Cup matches.

Each umpire receives USD 3,000 per match, in addition to other fixed remunerations.

Match referees and official commentary panelists also receive compensation.

Revenues of the ICC from the World Cup

1. Broadcasting and media rights:

A significant portion of ICC’s profits from the ODI World Cup Cricket comes from broadcasting and media rights.

ICC grants broadcasting rights to sports channels from various countries to telecast live matches. Currently, Star Sports is the official broadcaster of all ICC events, having secured the broadcasting rights for USD 1.8 billion in 2015 for an eight-year period (until 2023).

It is estimated that ICC earns approximately USD 534 million (approximately INR 4,400 crores) from broadcasting rights during the ongoing ICC World Cup Cricket 2023.

Additionally, channels generate revenue from advertisements during the event, attracting companies from various sectors to market their products and services to a global audience.

As per Disney Star announcement, 26 brands are associated with the official broadcasters – Star Sports network on TV and Disney+ Hotstar in the digital streaming. The full list of advertisers – PhonePe, Mahindra & Mahindra Ltd, Dream11, Hindustan Unilever, Coca-Cola, Havells, IndusInd Bank, Pernod India, Booking.com, Peter England, Kingfisher Packaged Drinking Water, Mondelez, Emirates, Diageo, Jindal Panther, MRF Tyres, LendingKart, BPCL, Herbalife, Haier Appliances, AMFI, Google Pay, Polycab, Amul, VIDA by Hero Motorcorp, and Amazon.

2. Sponsorships:

ICC secures a variety of sponsors for the World Cup Cricket, including global sponsors, social media sponsors, and category-specific sponsors.

Each sponsor is estimated to contribute around USD 30 to 40 million to ICC.

Sponsors prominently display their logos and advertisements in various locations within the stadium and on the ground.

List of brands that are sponsoring ICC Cricket World Cup 2023

Global partnersOfficial partnersCategory partners
AramcoBira91Royal Stag
MRFCoca-ColaJacob’s Creek
Booking.comUpstoxDream11
Byju’sOppoFanCraze
EmiratesPolycab 
BharatPeNium 
 Nissan 
Source: www.icc-cricket.com

You may also like to read a blog on sponsorships in FIFA World Cup Football.

3. Miscellaneous revenues:

This category includes official merchandise sales by ICC during the World Cup tournament.

ICC also receives a share of the match ticket sales revenue.

Expenses and Revenues of the Host Nation

Expenses incurred by the host nation, in this case, India, include:

1. Spending on infrastructure development:

The host nation must allocate funds for the development of critical infrastructure such as stadiums, transportation facilities, and more.

2. Tax exemptions:

Host nations often provide full or partial tax exemptions to facilitate the seamless organization of global events.

In India’s case, while full tax exemptions were granted for the 2011 World Cup, only a 10% tax exemption was allowed during the 2016 Twenty20 World Cup Cricket.

Interestingly, no tax exemptions have been extended to ICC during the current World Cup, and an additional 21.84% surcharge has been imposed on broadcasting rights by the Indian government.

Revenues for the host nation, India, primarily revolve around:

1. Travel and tourism:

Hosting the ICC World Cup attracts cricket fans and enthusiasts from around the world to India.

The Indian economy benefits from their expenditures on travel, accommodations in various cities where matches are held, and tourism-related activities.

Indian nationals also travel to different locations to witness matches, contributing to the economy.

Hotels, airlines, and local businesses in cities hosting matches also experience increased business, as was the case in England during the previous World Cup, where reports indicate USD 350 million in revenue was generated.

2. Tax revenue:

As previously mentioned, India imposes an additional 20% surcharge on broadcasting rights. The host nation also collects taxes from various sources, including ticket sales, merchandise sales, Goods and Services Tax (GST) on airline tickets, hotels, restaurants, and food delivery services. The World Cup may contribute to inflationary pressures, evident in the increased costs of airline tickets and hotel rentals in the ten cities hosting the matches. Collectively, these factors contribute to an augmented tax revenue for the nation.

Explore the details of the tech used in the ICC World Cup Cricket.

Expenses and revenues of the Cricket Control Board of the host nation (BCCI)

Expenses of BCCI

Expenses incurred by the BCCI for the ICC World Cup 2023 include:

1. Host fee to ICC:

BCCI is required to pay a host fee (approximately INR 200 crore) to host the tournament in India.

2. Contribution for upgrading stadiums:

BCCI contributes INR 50 crore for the renovation of each of the 10 stadiums where matches are played, totaling INR 500 crore.

3. Remuneration to Indian players:

BCCI covers the salaries and other remunerations of players representing the Indian team.

4. Travel and accommodation expenses for foreign players:

BCCI bears the expenses for the travel and accommodation of foreign players during their stay in India.

Revenues for the BCCI are sourced from:

1. Sponsorship for the Host Team:

BCCI secures sponsorship deals for the Indian team, with sponsors such as Dream11, Adidas, and IDFC First Bank.

2. A Share from ICC revenue:

ICC shares revenue with the cricket board of the host nation.

The IPL, annual national cricket league, is conducted by BCCI. Read the business model of the IPL.

Challenges in organizing Cricket World Cup in 2023

The Indian government seeks to earn tax revenue from hosting the ODI World Cup in India, making it imperative for the BCCI to manage the taxes imposed on the ICC. Failure to obtain tax exemptions from the government results in the ICC deducting the taxed amount from the BCCI’s annual revenue share.

Currently, the BCCI faces potential losses, with reports indicating that it may lose INR 955 crore if the Indian government refuses tax exemption. A legal battle is ongoing in the ICC tribunal regarding an extra tax burden of INR 190 crore that the BCCI incurred when the government allowed only a 10% tax exemption during the T20 Cricket World Cup in 2016. The BCCI is actively working to secure at least a 10% tax exemption to reduce the burden to INR 430 crore.

Conclusion

In conclusion, the ICC World Cup Cricket 2023 is a complex financial endeavor involving multiple stakeholders. While the host nation and the ICC can realize substantial profits from the event, the BCCI faces financial challenges and potential losses as it navigates the intricate financial landscape of organizing a global sporting spectacle.

Alongside Men’s ODI World Cup Cricket 2023, Online Manipal also celebrate this cricket extravaganza by empowering online learners to become all-rounders in their career fields by delivering UGC-entitled online degrees that are recognized at par with on-campus programs.

If you have liked to read this blog, you may be interested in reading another blog on world cup of online education.

Everything you need to know about the Tech Marvel at ICC Cricket World Cup 2023

India has forever now had only two major superheroes – CRICKET and BOLLYWOOD. With the World Cup 2023 going on in full range, the whole country is now geared up to see who will take home the trophy this year. The World Cup is not just a battleground for cricketing prowess. It is a rollercoaster of emotions that keeps the entire nation at the edge of its seat while the new age technological interventions only make the whole experience a lot more wholesome. Here is a list of tech-driven activities that are in play in World Cup 2023 that is making cricket fans go over the top with anticipation and excitement.

You may also like to read the business aspects of ICC World Cup Cricket.

Decision Review System (DRS): The Catalyst for Fair Play 

The DRS was first introduced in 2008. It has greatly revolutionized cricket from then, providing umpires with technology to ensure accurate and precise decisions. This has added a sense of fair play allowing crickets to play with great enthusiasm and avoid all kinds of favoritism. 

Smart Ball Technology: Elevating Strategy 

The cricket balls of today are embedded with sensors. This smart ball technology delivers real-time data on speed, spin, and swing. his not only enhances the viewer’s experience but also provides teams with crucial analytical insights.  

Spider Cam’s Immersive Views 

The whole idea of how cricket is perceived has been completely transformed with spider cam, offering a bird’s eye view of the stadium. This technology greatly, enhances the broadcast quality of the game by showing the stadium in unparalleled angles, showcasing the immersive impact of technology on ICC Cricket World Cup. 

Also read this blog on world cup and online learning.

Hawk-Eye Technology: Precision in Decision-making 

The Hawk-eye technology utilizes high-speed cameras to precisely track the ball’s trajectory is a game-changer when it comes to LBW decisions. This greatly reduces errors in decision-making making the game trajectory a lot more challenging and fair. 

LED Stumps and Bails: Illuminating Accuracy 

The introduction of LED stumps and bails provides immediate visual feedback, aiding umpires in accurate decision-making during close run-out and stumping instances. This illumination technology adds vibrancy to the sport exciting viewers in case of close calls. 

VR and AR in Fan Engagement: Unprecedented Interaction 

The whole fan engagement landscape has been redefined by Virtual Reality (VR) and Augmented Reality (AR). From virtual stadium tours to AR-enabled stats visualization, these technologies bring fans from across the globe closer to the cricketing extravaganza in novel and interactive ways. 

You may like to know about the business model of IPL

High-Speed Cameras: Unveiling Nuances 

High-speed cameras is extensively used to offer detailed insights into players’ techniques and ball dynamics. This is the best fodder for cricket and data enthusiasts. The whole slow-motion replays and in-depth analyses have become an integral part of the game today marking new and unconventional practise and preparation techniques. 

Machine Learning and Big Data: Strategic Depth 

With a huge round of applause lets welcome the big brother – Big data analytics and machine learning to the cricketing arena. ICC Cricket World Cup teams greatly leverage these new age tools for detailed analysis of player performances and opposition strategies, amplifying the strategic depth of the game that thrills fans. 

Check this out: Business lessons you can learn from the FIFA World Cup 

Conclusion 

The nail biting and enthralling, finale is just around the corner. With cricket fans around the globe gearing up to watch the final showdown, don’t forget how the domain of technological advancement is making your game viewing experience as realistic and fun as possible.  

If sports and data, both give you the adrenaline rush then a career in sports analytics is something you must consider amongst other. If you wonder how to kickstart the same, then do check out our online MSc in Data Science by Manipal Academy of Higher Education. This is the perfect program for data enthusiasts like you to elevate your career in the domain of your passion with high salary and growth rate. 

The future of learning with artificial intelligence 

The advent of intelligent machines and technological advancements have been making significant impact on many fields including the higher education system. They offer new possibilities for teaching and learning in higher education that can affect the governance and the internal architecture of higher education institutions. Artificial intelligence (AI) systems offer effective support for online learning and teaching, including personalizing learning for students, automating instructors’ routine tasks, and powering adaptive assessments.  

You may also like to know sociological implications of AI and automation

Impact of AI on the higher education system 

AI tutoring systems can provide personalized guidance by tailoring learning content based on students’ learning patterns or knowledge levels.  

AI teaching assistants also help instructors save time answering students’ simple, redundant questions in online discussion forums that allows instructors to dedicate their time to higher-value work.  

AI analytics allows instructors to understand students’ performance, progress, and potential by analyzing their academic reports and data.  

AI also has profound impact on the online mode of learning, which is more tech driven. Educators see opportunities to use AI-powered capabilities like speech recognition to increase the support available to students with disabilities, multilingual learners, and others who could benefit from greater adaptivity and personalization in digital tools for learning.  

Also read: How AI tools propel management to new heights 

How does AI help in honing your coding skills? 

With the use of AI tools, online learners can enhance their coding skills as well. AI-powered coding practice platforms can generate coding challenges and exercises based on an individual’s skill level. AI tools can provide instant feedback on your code submissions. They can identify syntax errors, logical flaws, and provide suggestions for optimization. This immediate feedback helps learners understand their mistakes and perform better.   

AI tools can analyze code for best practices, design patterns, and potential performance bottlenecks. This helps learners understand not only the functional aspect of coding but also the importance of writing clean, efficient, and maintainable code. For learners looking to expand their coding skills to different programming languages or frameworks, AI can provide recommendations based on your current skill set and industry trends.  

AI tools support your learning journey, but the process of coding and problem-solving remains a human skill that requires consistent effort. There were several AI-powered coding practice platforms available that aim to help developers improve their coding skills. These platforms use AI algorithms to provide personalized coding challenges, feedback, and learning resources. Few examples are LeetCode, HackerRank, CodeSignal, Codewars and Edabit etc. It’s a good idea to explore a few different platforms to find the one that aligns best with your learning style and needs. 

Check out: What are the new jobs created by AI? 

Final thoughts 

Students pursuing online courses from various institutions can make use of the AI tools in an effective way. They must carefully evaluate the AI tools they choose, ensuring they align with their learning goals and provide accurate information. AI can be a powerful ally in skill enhancement, but it should complement the guidance of instructors and mentors, not replace it entirely. It’s important to note that while AI has the potential to revolutionize education, it’s not a replacement for human educators.  

The role of teachers may likely shift to that of facilitators, mentors, and guides, emphasizing the human qualities that AI cannot replicate, such as emotional intelligence, creativity, and complex problem-solving. Additionally, successful implementation of AI in education will require collaboration among educators, technologists, policymakers, and stakeholders to ensure that its benefits are maximized, and its challenges are mitigated. 

How will an MBA in Operations Management benefit engineers?

Operations management is the management of the processes associated with the production of goods and services. The main functions of operations management include planning, directing, and controlling business operations. It ensures that business operations are carried out effectively to meet consumer demands and that resources are used efficiently. It administers efficient business practices to achieve the highest level of efficiency within an organization and converts resources into goods and services in order to maximize profit.

The scope of operations management is vast as it covers mostly all aspects of a business. Operations management is a complex and critical aspect of a business, and without effective operations management processes, businesses cannot thrive and grow. Therefore, professionals who are planning to enter the field can be assured of finding plenty of opportunities for career advancement and earning high salaries. So, if you are an engineer planning to shift your career, read on to learn the benefits of an MBA after engineering.

Who can benefit from an MBA in Operations Management?

An MBA in Operations Management can provide a variety of opportunities for individuals to advance their careers and earn attractive salary packages. It equips individuals with the knowledge and skills to handle various aspects of a business, such as planning, production, manufacturing, or providing services. Thus, individuals would qualify to apply for various higher-ranking jobs.

So, can an engineer pursue an MBA in Operations Management? Engineers with working experience planning to get into operational roles can benefit heavily from the course as it would be the ideal way for them to get into higher managerial positions in operations. Other working professionals from various sectors like production, manufacturing, and warehousing backgrounds can also advance their careers by getting into higher job positions and increasing their earning potential.

How engineers can benefits from MBA in Operations Management

An MBA equips you for a role in engineering management by cultivating essential soft skills crucial for technical leadership, such as effective time management and the ability to communicate complex information to diverse audiences. This program guides you in mastering the art of leading teams, delegating responsibilities to middle managers, and adhering to various ethical and legal standards. As an engineering manager, your responsibilities may include:

  • Conducting research and developing products and designs.
  • Managing and proposing budgets for projects.
  • Supervising cross-disciplinary teams.
  • Ensuring products receive support from upper management.
  • Identifying talent development and training needs.
  • Building teams and hiring contractors.

Additionally, an MBA program will provide comprehensive insights into the business aspects. You will delve into topics like managerial accounting, financial planning, and risk management. This knowledge proves valuable not only for advancing into managerial roles but also positions you for success should you choose to establish your consulting firm. The ability to tackle problems holistically, drawing from diverse case studies, also positions you well for roles in change management.

Read more: How our learners are engineering their way to professional success

Advantages of doing an MBA in Operations Management

Here are some benefits of an MBA in operations management:

  • Vast and lucrative employment opportunities – An MBA in Operations Management will open up various employment opportunities for individuals as operations management constitutes almost all parts of a business. This becomes one of the major benefits of an MBA after engineering.
  • Opportunity to get into managerial roles – After completing an MBA in Operations Management, individuals will be well-qualified with the knowledge and experience required to get into managerial positions for their career growth and success. 
  • Stay current with industry trends – The curriculum of an MBA in Operations Management is thoroughly and consciously prepared to help individuals stay updated with the various industry trends. 
  • Gain in-depth knowledge of industry operations – The program provides in-depth knowledge and experience about various industry operations so that individuals are well aware of the working processes involved in a business.
  • Skills gained can be applied to diverse industries – The skills and knowledge that individuals would gain from an MBA in Operations Management can be applied to a variety of industries, thereby providing individuals with the choice of pursuing their preferred career.
  • Chance to work with new technology – For individuals from different backgrounds, the MBA in Operations Management can provide the chance to work with new technologies, which will help them upskill themselves and be ready for the challenging job market.

Top jobs for MBA Operations Management graduates

Following are some of the top job roles in operations management:

  • Operations Manager – Operations managers manage a variety of daily tasks for their organization. They ensure that the business processes are carried out smoothly by optimizing processes and also meeting customer expectations.

Read more: How to become an Operations Management

  • Supply Chain Manager – Supply Chain Managers are responsible for coordinating, organizing, and supervising all the activities related to the acquisition, production, and distribution of products and services for the business.
  • Product Manager – Product Managers are in charge of planning and executing the lifecycle of products. They develop products and services that can meet the demands of customers by identifying and analyzing the market performance of goods and services.
  • Logistics Manager – Logistics Managers are in charge of a company’s supply and material movement, distribution, and storage. They are responsible for route planning, budget analysis, and shipment processing.
  • Quality Manager – A Quality Manager is responsible for developing and implementing inspection and assessment strategies to make certain that products adhere to the standards of the business. 
  • Area Operations Manager – An area operations manager in an organization is in charge of all aspects of safety and health. The performance of individuals and teams within the enterprise is reported and overseen by these professionals. 
  • Enterprise Service Manager – ESM improves visibility and access to all types of enterprise services, speeds up service delivery, and supports core ITSM processes to enable better service delivery for business teams like Human Resources, legal, facilities, marketing, and finance.

Read more: Top jobs after MBA Operations Management

Step into higher roles in the organization after an MBA in Operations Management

Manipal University Jaipur is a NAAC A+ accredited university that aims to provide the highest level of knowledge through UGC-entitled online programs. The MBA in Operations Management is a 2-year program that equips students with the topics relevant to have a successful career. The curriculum is a combination of general business management and principles of management from various subjects.

Individuals enrolling in the online MBA program can upskill themselves from the comfort of their homes without having to travel to a campus. They also get free access to paid Coursera content which helps them to succeed further. MUJ also provides placement assistance and scholarship opportunities to help students land their dream jobs.

To know more, read the MBA Operations Management course details.

Conclusion

Thus, this article provides the various benefits of pursuing an MBA after engineering. An MBA in Operations Management is a great opportunity for engineers to advance their careers in managerial roles. If you are not willing to leave your job but still want to upskill yourself, then an online MBA from MUJ is the ideal way to career advancement without leaving your current job.

Skills required for pursuing an MBA degree 

Pursuing a Master of Business Administration (MBA) is a significant investment in one’s professional future. It is a transformative journey that equips individuals with the knowledge and skills needed to thrive in the complex and dynamic world of business. While a bachelor’s degree provides a solid foundation, an MBA is often the key to unlocking higher earning potential and career advancement. This article will explore the importance of acquiring the right skills for pursuing an MBA, how these skills can help aspirants gain admission to top business schools (B-schools), and how they can stand out once enrolled. We’ll delve into both technical and interpersonal skills, as both are vital for success in this highly competitive arena. 

Importance of pursuing an MBA 

An MBA is not just another degree; it’s a transformative experience that provides aspirants with a broader perspective on the business world.  

Career advancement 

An MBA opens doors to lucrative career opportunities. Graduates often command higher salaries and hold leadership positions in esteemed organizations. However, earning an MBA is not just about monetary gain; it’s about gaining the knowledge and skills to make a significant impact in the business world. 

Networking opportunities 

Business schools bring together a diverse group of individuals from various backgrounds, creating valuable networking opportunities. Building connections with peers, professors, and alumni can be instrumental in one’s career journey. 

Exposure to a diverse skill set 

MBA programs expose students to a wide range of business concepts and practices, fostering a well-rounded skill set. To maximize the benefits of an MBA, aspirants must acquire and hone the right skills. 

Skills to be acquired before starting an MBA program 

Also read: Top MBA job roles in the USA 

Technical skills for MBA aspirants 

Technical skills are fundamental in business and are highly valued by business schools. Here are some essential technical skills and how to acquire them: 

  • Analytical skills: Business decisions often rely on data analysis. Aspirants must develop strong analytical skills to make informed choices. To acquire this skill: Take quantitative courses in mathematics, statistics, and economics. Practice data analysis using tools like Excel or data analytics software. 
  • Microsoft excel – Everyone who uses a computer has some skill in MS Excel. But to excel in a business school, you should get yourself acquainted with some advanced spreadsheet functionalities like VLOOKUP, LOOKUP, INDEX etc. You should also learn advanced excel tools like Pivot Table, Data Validation, etc. These tools and functionalities are the basis of any form of data analysis. 
  • Presentation skills – Making simple presentations is not a very difficult job. But sometimes, if you want to add animations and effects to make the presentation more impressive, it can take up a lot of time. Make sure you learn how to make an effective presentation to stand out from the crowd. 
  • Resume building – You should learn how to make properly formatted and should update them regularly. This skill can be easily learned through video tutorials, and this particular skill will be very useful for applying to internship positions, jobs, etc. 
  • Drafting email – The professional world communicates mostly through emails. So, you should learn how to draft to the point and grammatically sound emails. Some things you should take care of while drafting emails are punctuation, sentence structure, grammatical errors, salutation, etc.  
  • Basic computer skills – Other than Excel and PowerPoint, you should learn other basic computer skills to make your life in a B-school less hectic. These skills include formal report writing, VBA, efficient internet research, etc. 
  • Advanced computer skills – If you already know the basic computer skills, you can dive into some advanced computer skills to stand out from the crowd. These skills include Data Analysis and Visualization, Coding with Python, Coding with Matlab, etc. 
  • Case study solving – Case studies are presented to students as difficult situations in businesses, and they are asked to come up with solutions to overcome the difficulty. There are some specific approaches to solving case studies that you can learn before joining a business school. 
  • Project management – Project Management is the process of achieving all the goals of a bigger project within the agreed deadline and other constraints. This topic is one of the most popular subjects among MBA students. You can learn the basics of Project Management from Coursera or from other resources available online. 

Check out: Is work experience required for MBA 

Interpersonal skills for MBA aspirants 

Interpersonal skills are equally important as technical skills in the business world. They not only help you get into a good BS school but also enable you to thrive in an MBA program. Let’s explore these skills and how to develop them: 

  • Communication skills: Strong communication skills are vital for collaboration, presentations, and negotiations. To improve communication: Participate in public speaking courses or join a debate club. Practice active listening and give and receive constructive feedback. 
  • Speaking / oration skills – To improve your speaking/oration skills, you need to practice interacting in a formal setting. You can also read newspapers and journals to enrich your vocabulary. If you want to pursue a life abroad after your MBA, you can learn foreign languages like French, Spanish, Mandarin, etc. 
  • Teamwork and collaboration: Business is a team sport, and MBA programs often emphasize teamwork. Aspirants can enhance their teamwork skills by: Joining group projects and extracurricular activities. Learning to leverage diverse team members’ strengths. 
  • Emotional Intelligence (EQ): Understanding and managing emotions is essential for leadership and effective interpersonal relationships. To develop emotional intelligence: Reflect on your emotions and how they impact decision-making. Seek feedback from peers and mentors on your emotional intelligence. 
  • Conflict resolution: In a professional setting, conflicts are inevitable. Aspirants can acquire conflict resolution skills by: Participating in workshops or courses on conflict management. Learning to approach conflicts as opportunities for growth and problem-solving. 
  • Leadership and management skills: Effective leadership and management are essential for career advancement. Aspirants can cultivate these skills by: Taking on leadership roles in student organizations or community projects. Seeking out mentors and leadership development programs. 

Check out: How can an online MBA help your career 

Why should you be skill rich before joining a B-School? 

It is always better to get a head-start before a race, simply because it improves your chances of winning. The same concept applies to attending B-school. If you hone your existing skills and learn some new ones before joining a B-school, it will separate you from the crowd and increase your chances of landing a well-paid job or establishing a successful business. The B-school itself will brush up on the listed skills for you, but you need to learn the basics about them beforehand.  

Check out top skills after an online MBA –

How to stand out in your MBA program 

Once you’re admitted to an MBA program, standing out requires continuous effort. The following strategies can help you excel in your studies and make a lasting impression: 

 Actively engage in class: Participate in class discussions, ask questions, and contribute insights. Active engagement shows your commitment to learning and networking. 

 Build relationships: Cultivate relationships with professors, classmates, and alumni. These connections can lead to mentorship, job opportunities, and a stronger support network. 

Pursue internships and extracurricular activities: Internships and extracurricular activities provide practical experience and demonstrate your commitment to personal and professional growth. 

Embrace leadership opportunities: Take on leadership roles within student organizations or on-campus projects. This showcases your leadership potential and ability to make a difference. 

Also read: Why MBA is still a winner among graduates 

Why is Manipal University Jaipur (MUJ) the best university for an online MBA? 

The online MBA program offered by Manipal University Jaipur (MUJ) will help you become an industry expert in your domain. MUJ’s online MBA course offers its students 13 career-focused electives in the most popular and high-paying domains including finance, marketing, HRM, Operations Management, IT & FinTech, Analytics & Data Science, BFSI, international business, and more. 

The faculty are experts in their subjects and help you in all academic and non-academic endeavours. The state-of-the-art learning management system (LMS) contains all the study material, including readings, concept videos, recorded lectures, quizzes, discussion forum, and an extensive e-library. The placement assistance by the NAAC A+ university is commendable. You will get career-oriented skill development sessions, resume building assistance, interview tips, access to the prestigious Manipal alumni, and regular industry connect webinars. 

Also read: My peers in online MBA batch 

Conclusion 

Acquiring the right mix of technical and interpersonal skills is crucial for MBA aspirants. These skills not only help in gaining admission to good BS schools but also set the foundation for success in an MBA program. Pursuing an MBA is a transformative journey that can unlock tremendous career opportunities, making it a worthy investment for those who are committed to honing their skills and making a significant impact in the world of business. 

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