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Know everything: MBA Information Systems vs. MBA Information Technology

In the ever-evolving landscape of business and technology, the intersection of managerial acumen and information sciences plays a pivotal role in shaping the organizational success. Two specialized branches that underscore this dynamic relationship are MBA in Information Systems (MBA-IS) and MBA in Information Technology (MBA-IT). These programs cater to professionals seeking to navigate the complexities of the digital age, yet they differ in their strategic focus and the skill sets they emphasize on. In this exploration, we delve into the nuances of MBA-IS and MBA-IT, shedding light on their distinct characteristics, the unique value they bring to the table, and how each can chart a distinct career trajectory in today’s fast-paced dynamic realm of business and technology.

In MBA Information Systems, students learn about the theory behind computer systems and networks. They also learn to create databases, analyze data, and even design software for various purposes. Students who enter this program will be prepared for IT management or administration careers, as well as any other job that requires an understanding of how computers function at a basic level.

MBA Information Technology students also study the theory behind computer systems and networks and learn how these theories apply to business practices. In addition, students study how companies can use technology more effectively to improve their performance through better organizational strategies or improved communication between departments (such as sales teams). 

Want more detailed information about information systems vs. information technology? Check out our blog on MBA courses details for both the sectors.

What is an MBA in Information Systems?

An MBA specializing in information systems (IS) is a master’s degree that prepares students for careers in the IT field. Students who pursue this degree learn to manage, analyze and develop business processes to ensure that business operations are efficient and effective. This can include managing data security and risk management, developing software systems and applications, and ensuring the integrity of business operations.

The IS specialization within an online MBA program prepares graduates to work in various positions within companies that rely heavily on technology and digital processes. As such, you’ll be able to work with databases, networks, and other devices to optimize business processes for efficiency. You’ll also be able to help manage data security risks and oversee software development projects.

Quick read: Why choose MBA in Information System Management?

An IS specialization will teach you:

  • How to research, analyze and solve problems related to information systems within an organization
  • Design new applications
  • Evaluate existing technologies
  • Improve existing systems
  • Develop policies related to data protection
  • Conduct feasibility studies
  • Implement new technologies into existing environments
  • Determine network requirements based on workloads
  • Identify potential threats based on system vulnerabilities.

What is an MBA in information technology?

An MBA in Information Technology is a degree designed to provide you with the skills and knowledge you need to succeed in the field of information technology.

The skills covered during an MBA in IT include management, project management, networking, and security. You’ll also learn about business fundamentals like finance and marketing. This combination of knowledge will prepare you for an IT manager or executive career or help you work your way up the ladder at a company where your current position requires additional training.

The skills covered in this type of MBA include:

  • Project management
  • Data Analytics
  • Security management

Difference between MBA in Information Systems and MBA in Information Technology?

The following is the difference between information systems and information technology.

MBA Information SystemsMBA Information Technology
An MBA in Information Systems is a professional degree.An MBA in Information Technology is a graduate business degree. 
Students who complete an MBA in Information Systems take courses like operations management, organizational behavior, and accounting for data analysis.Students who complete an MBA in Information Technology take courses like software engineering, computer networking, and systems analysis and design.
An MBA in Information Systems prepares you for careers as a chief information officer (CIO), IT manager, or technology consultant. An MBA in Information Technology prepares you for careers as a software engineer or computer scientist.
Information Systems graduates can work in almost any business field as long as they know how to code or program computers well enough that their employer needs them for those skills (like working on websites). Information Technology graduates will usually work with hardware rather than software, though they may also learn some programming languages if they want to advance their career paths towards becoming an IT manager rather than just an implementer
MBA in Information Systems can be obtained through online programs and part-time programs,An MBA in Information Technology can only be obtained through full-time programs at traditional universities or colleges.
IT degrees tend to focus more on systems architecture (also called enterprise architecture).IS degrees tend to focus more on decision-making processes (also called business analysis).
MBA in Information Systems is generally broader, covering all aspects of IT from security to ecommerce.MBA in Information Technology covers only one aspect of IT—generally either networking or programming.
MBA in Information Systems requires more general management skills.MBA in Information Technology requires specialized knowledge in a single area of technology.

Are MBA Information Systems and MBA Information Technology the same?

MBA Information Systems and MBA Information Technology are both Master of Business Administration degrees, but the difference between MBA in systems and MBA in information technology is vast.

An MBA Information Systems degree generally focuses on information technology, while an MBA Information Technology degree focuses on business.

Information systems study how information is collected and stored, organized, used, and distributed within a business. It can also be referred to as data management or IT management.

Information technology studies how computers and other electronic devices are used in business settings.

An MBA in Information Systems would be useful for someone who works in IT support or security at a company’s headquarters. An MBA in Information Technology would be useful for someone who works in IT sales or project management at a large company’s headquarters.

Want to know more about which career is best? Check out our blog on careers to explore after MBA in information systems to know more!

What is best for you?

 If you’re interested in working with computers and technology, then an MBA in Information Technology would be best for you because it will teach you about database management systems, network security, and architecture, and computer programming languages like C++ or Java, all the skills needed to work with computers professionally. An MBA in Information Systems would be more helpful if you want a job where you manage people or budgets rather than hardware/software systems themselves; these include project manager or accounting manager positions.

To answer your question: What can I do with an MBA in Information Systems?

Online MBA in Information Systems by MAHE: The new-age way of learning!

MAHE’s online MBA in Information Systems, is revolutionizing the way professionals navigate the treacherous intersection of business and technology. This program epitomizes the new-age approach to learning, offering a comprehensive curriculum designed to equip students with cutting-edge skills in information systems management. MAHE’s online platform ensures accessibility for working professionals, enabling them to seamlessly integrate academic pursuits with career commitments. The advantages of this program lie not only in the flexibility it provides but also in MAHE’s commitment to excellence, boasting a faculty of seasoned experts and a curriculum tailored to industry demands. As the business landscape increasingly relies on robust information systems, MAHE’s Online MBA in Information Systems emerges as the ideal conduit for individuals aspiring to lead in the digital age, combining the flexibility of online learning with the prestige of a renowned institution.

Conclusion

the choice between pursuing an MBA in Information Systems (MBA-IS) or an MBA in Information Technology (MBA-IT) hinges on aligning personal career aspirations with the specific skill sets each program offers. MBA-IS caters to those aiming for strategic roles in leveraging information for business success, emphasizing management and analysis. On the other hand, MBA-IT zeroes in on the technical aspects, preparing individuals for leadership in technology-driven environments. As technology continues to reshape the business landscape, both paths are integral, offering distinct avenues for professionals to contribute meaningfully. Ultimately, the decision should be driven by a deep understanding of personal strengths, career goals, and the unique demands of the evolving industries each program serves, ensuring a well-informed and rewarding career trajectory.

Visit the Online Manipal website to explore the online MBA in information systems. This program is designed to help you update with latest and most in-demand tools and skills in the field. 

Six reasons why you should pursue a master’s degree in business analytics

A career in business analytics is exceptionally promising, with increasing demand for professionals who can derive insights from data. Businesses rely on analytics to make informed decisions, creating a surge in job opportunities. Pursuing a master’s in business analytics equips individuals with advanced skills in data analysis, statistical modeling, and decision-making, making them highly sought-after in diverse industries. This degree not only facilitates entry into the field but also enhances career progression, offering roles such as business analyst, data analyst, business intelligence manager, or data scientist. With data-driven decision-making becoming integral to success, a master’s in business analytics opens doors to a dynamic and lucrative career path. 

Reasons for pursuing a master’s in business analytics 

High industry demand: The global demand for business analytics professionals is soaring as companies recognize the value of data-driven decision-making. Pursuing a Master’s ensures you enter a field with abundant job opportunities. 

Strategic decision-making: Businesses rely on analytics to make informed decisions. A master’s in business Analytics teaches you how to translate data into actionable strategies, enhancing your ability to contribute meaningfully to organizational success. 

Versatility across industries: The skills acquired are applicable across diverse sectors, from finance and healthcare to marketing and operations, providing flexibility and widening your scope for career choices. 

Competitive salaries: The advanced skills gained in a Master’s program often translate into higher earning potential. Companies recognize the strategic importance of analytics professionals and are willing to offer competitive salaries. 

Global opportunities: Business analytics skills are in demand globally, offering opportunities for international career mobility. This global relevance enhances your ability to work in different markets and cultures. 

Job security: In a data-driven era, professionals with expertise in business analytics are in high demand, providing a level of job security as companies increasingly rely on data for decision-making. 

Integration of emerging technologies: Stay at the forefront of technology by gaining exposure to emerging tools and techniques such as machine learning and artificial intelligence. This ensures that you are well-prepared to address the evolving needs of the industry. 

Also read: Who should do MSc in business analytics course? 

Top jobs you can get with a master’s in business analytics 

  • Data Scientist: Analyzing complex data sets to derive actionable insights, data scientists use statistical techniques and machine learning algorithms to inform business decision-making. 
  • Business Intelligence Manager: Overseeing the design and implementation of business intelligence tools, these professionals help organizations streamline operations and improve strategic planning. 
  • Data Analyst: Interpreting data and presenting findings to aid business decision-makers, data analysts play a crucial role in translating raw data into actionable insights. 
  • Analytics Manager: Responsible for leading analytics teams, these managers ensure the effective use of data to drive business strategies and achieve organizational goals. 
  • Quantitative Analyst: Employing mathematical and statistical methods, quantitative analysts assess financial risks, develop models, and provide insights for investment decisions. 
  • Market Research Analyst: Using data analysis to understand market trends and consumer behavior, market research analysts help businesses make informed marketing and product development decisions. 
  • Operations Analyst: Optimizing business processes, operations analysts use data to identify inefficiencies, reduce costs, and improve overall operational effectiveness. 
  • Supply Chain Analyst: Applying analytics to optimize supply chain processes, these professionals enhance efficiency, reduce costs, and improve overall supply chain performance. 
  • Risk Analyst: Evaluating potential risks and developing strategies to mitigate them, risk analysts use data analysis to ensure businesses make informed decisions that minimize potential negative impacts. 
  • Healthcare Data Analyst: Working in the healthcare sector, these analysts use data to improve patient outcomes, optimize healthcare operations, and contribute to evidence-based decision-making. 

Check out: How to get into business analytics? 

Scale up in your career with an MSc in business analytics 

An MSc (Master of Science) in Business Analytics is a postgraduate academic degree program that focuses on providing advanced knowledge and skills in the field of business analytics. This program is designed to equip students with the tools and techniques necessary to analyze and interpret complex data sets, enabling them to make data-driven decisions in various business contexts. The curriculum typically covers topics such as statistical analysis, data mining, machine learning, predictive modeling, and business intelligence. 

Key components of an MSc in Business Analytics program often include: 

  • Statistical Analysis and Modeling: Teaching students how to use statistical methods to analyze and interpret data for decision-making. 
  • Data Mining and Machine Learning: Providing insights into advanced techniques for extracting valuable patterns and information from large datasets. 
  • Business Intelligence: Focusing on tools and strategies for transforming raw data into actionable insights to support business strategies. 
  • Predictive Analytics: Teaching methods to predict future trends and outcomes based on historical data. 
  • Big Data Analytics: Covering the challenges and opportunities presented by the analysis of large and complex datasets. 
  • Data Visualization: Training students to present data in a visually compelling and comprehensible manner for effective communication. 
  • Business Strategy and Decision-Making: Integrating analytics into the overall business strategy and decision-making processes. 

An MSc in Business Analytics is highly relevant in today’s data-driven business environment, preparing individuals for roles such as data scientist, business intelligence analyst, analytics manager, and more. The program aims to bridge the gap between business and technology, providing graduates with the skills needed to leverage data for strategic decision-making in various industries. 

Check out: Differences in MSc and MBA in business analytics programs 

Choose a reputed institution for your MSc business analytics program 

Choosing a reputable institution for your MSc in Business Analytics is crucial for several reasons, and the online program offered by Manipal Academy of Higher Education (MAHE) stands out as an excellent option. Here’s why: 

Curriculum excellence: The program is designed to meet industry standards, ensuring that students receive a comprehensive education. MAHE’s online MSc in Business Analytics is likely to cover a well-structured curriculum that incorporates the latest trends and technologies in the field. 

Expert faculty: Renowned institutions often have faculty members who are experts in their respective fields. The online MSc program at MAHE likely boasts experienced and qualified instructors who bring real-world insights to the virtual classroom. 

Programming languages and tools: A quality program should cover a range of programming languages and tools relevant to business analytics. MAHE’s program is likely to include instruction on popular languages like Python and R, as well as hands-on experience with tools such as Power BI, Jira, SAS, and others commonly used in the industry. 

Hands-on experience with virtual labs: Practical experience is crucial in business analytics. MAHE’s online MSc program is likely to provide hands-on experience through virtual programming labs, allowing students to apply theoretical knowledge in a practical setting. 

Flexibility in course delivery: Online programs offer flexibility, enabling students to learn at their own pace and convenience. MAHE’s online MSc likely provides a flexible schedule, allowing professionals or those with other commitments to pursue their studies without compromising on their current responsibilities. 

Live and recorded lectures: Access to both live and recorded lectures ensures that students can engage with the material in real-time or review it at their convenience. This flexibility caters to different learning styles and schedules. 

Extensive e-learning content: A robust online learning platform (LMS) should offer a wealth of digital resources. MAHE’s program is likely to provide extensive e-learning content, including e-libraries, reading materials, and multimedia resources to enhance the learning experience. 

Webinars by industry experts: Exposure to industry insights is invaluable. MAHE’s program is likely to feature webinars by industry experts, providing students with a practical understanding of how business analytics is applied in various sectors 

Also read: Future of business analytics in Canada 

MAHE’s online MSc in Business Analytics syllabus – Semester wise subjects 

Eligibility criteria for MAHE’s online MSc in Business Analytics  

  • Candidates must have completed graduation in any discipline with Statistics as one of the subjects from recognized universities/institutions or an equivalent qualification as recognized by the Association of Indian Universities (AIU) 
  • They must have minimum 50% marks in aggregate or equivalent grade in graduation 
  • Work experience is desirable but not compulsory 

Conclusion 

Pursuing a master’s degree in business analytics is a worthy investment in a data-centric future. It opens doors to numerous career opportunities in diverse sectors, providing specialized skills to navigate complex data landscapes. The program offers a competitive edge, positioning graduates as invaluable assets in an evolving job market. With increasing demand for data-driven decision-makers, obtaining a master’s in business analytics not only enhances individual expertise but contributes significantly to shaping the innovative landscape of diverse industries. 

Key takeaways

  • Getting a master’s degree in business analytics is worth it because you learn to bridge the gap between the IT industry and the business field. It enhances your analytical skills and logical reasoning. 
  • If you have a keen eye for identifying minor details and issues and understand how to tackle a situation, pursuing a master’s degree is worth the money and time. 
  • You learn how to organize and keep track of the records as your team’s project manager. 
  • The master’s degree allows you to boost the communication skills required in top firms to communicate with business stakeholders. 
  • A business analyst develops a great social network, which helps the corporate world to communicate in a fast-paced world. 

How to become a software developer after BCA?

Software development is in high demand globally due to the digital transformation across industries. Developers create applications, systems, and websites, driving innovation. The increasing reliance on technology fuels demand, making it a lucrative profession. India stands out as a major contributor, producing a significant number of software developers every year. According to the US Bureau of Labor Statistics, there’ll be a 22% surge in demand for developers by 2029, emphasizing the profession’s pivotal role in our tech-driven society.  

Bachelor of Computer Applications (BCA) provides a solid foundation for aspiring developers, equipping them with essential programming and problem-solving skills. This degree serves as a stepping stone to a successful career in software development, aligning with industry demands and opening doors to lucrative opportunities. 

To know more, you can read 10 reasons you should enroll for an online BCA degree course

Software Developer roles and responsibilities 

Software developers use a variety of technologies and competencies to design, program, create, deploy, and manage software. Additionally, they contribute to the creation of software systems that fuel devices and networks and maintain the functionality of those systems. A software developer might work alone or alongside other programmers and developers on a team, depending on the situation. Their roles and responsibilities can vary based on the specific job, industry, and company, but generally include: 

Analysis and planning: 

  • Collaborate with stakeholders to understand software requirements. 
  • Analyze end-users’ needs and design software solutions to meet those needs. 
  • Plan the software development process, including timelines and resources. 

Coding and development: 

  • Write efficient, maintainable, and reusable code. 
  • Use programming languages and development frameworks to build software applications. 
  • Debug and troubleshoot issues in the code. 

Testing 

  • Develop and execute test cases to ensure software functionality and performance. 
  • Identify and fix bugs and glitches in the code. 
  • Conduct thorough testing to ensure the software meets quality standards. 

Documentation: 

  • Create documentation for code, algorithms, and software processes. 
  • Maintain comprehensive records for future reference and collaboration. 

Version control: 

  • Use version control systems (e.g., Git) to manage and track changes in the codebase. 

Deployment: 

  • Deploy software applications to production environments. 
  • Ensure smooth and efficient deployment processes. 

Maintenance and upgrades: 

  • Monitor and maintain software after deployment. 
  • Implement updates and improvements to enhance software functionality. 

Security: 

  • Implement security measures to protect software from vulnerabilities. 
  • Address security issues and apply best practices for secure coding. 

Collaboration: 

  •  Work closely with other developers, designers, and stakeholders. 
  • Collaborate with cross-functional teams to integrate software with other systems. 

Client interaction: 

  • Communicate with clients to understand their requirements and address concerns. 
  • Provide support and updates to clients as needed. 

You can also read BCA course details: Syllabus, job & salary

Steps to become a Software Developer 

So, “Can a BCA student become a software engineer or software developer?” The answer is “Yes.” Follow the steps mentioned below to get on the path to becoming a software developer. 

  • Acquire a bachelor’s in computer applications or a related subject 

Most students prefer to enroll in UG courses such as BCA or any other computer science bachelor’s degree programs, where they learn in-depth conceptual ideas of computer science subjects that aid in their understanding of the principles of software engineering.  

  • Master programming languages 

Even if you hold a degree or are a graduate, it won’t help you much if you can’t comprehend programming languages well enough to use it when creating software. Master important programming languages that are in high demand today such as languages like Java, C#, Python, and JavaScript. 

  • Become familiar with data structures and algorithms 

Data structures and algorithms aid programmers in issue-solving by requiring less time and memory. These two topics are very important since they are the foundation of programming. Study mathematics in addition, as it will help you identify problems and develop the best possible algorithm. 

  • Develop your Skills 

Earning a degree aids in learning the basics of software development, but you also need to grasp how to use theoretical knowledge in the real world. You must continue your practice and stay current with the latest technological advancements. Get acquainted with a few of the technologies and tools used by diverse industries.  

  • Create and implement projects or software 

Most employers probably demand prior software development or project management expertise. All the academic stuff you have learned is useless if you don’t know how to apply it. Create some software or other initiatives to put your newfound knowledge into practice and hone your skills.  

  • Pursue some internships 

The ideal way for students to gain exposure to and experience in the workplace is through internships. Students who participate in internships receive hands-on training and real industry exposure while working on projects or products that are relevant to their skill sets. They also learn how to collaborate with others and how to adapt to a team environment. 

  • Look for employment opportunities 

After fulfilling the aforesaid steps, you should start looking for job opportunities. Create a CV and a professional profile on numerous job boards, post your resume there, browse these sites, and submit applications for the openings listed there.  

Skills needed to become a software developer 

Programming languages: Proficiency in at least one programming language, such as Java, Python, C++, JavaScript, or others, depending on the development domain. 

Problem-solving skills: Ability to analyze problems and devise efficient and effective solutions. 

Algorithm and data structures: Understanding of algorithms and data structures for designing efficient and scalable software. 

Database management: Knowledge of database systems and the ability to design and query databases (e.g., SQL, NoSQL). 

Frameworks and libraries: Experience with development frameworks and libraries relevant to the chosen programming language (e.g., Django, Flask for Python). 

Soft skills and collaboration: Effective communication, teamwork, and collaboration skills to work with cross-functional teams, stakeholders, and clients. 

Testing and debugging: Proficiency in testing techniques and tools to ensure software reliability. Ability to debug and fix issues efficiently. 

Security awareness: Understanding of security best practices and awareness of potential vulnerabilities in code. 

 

How much does a Software Developer earn? 

Software developers get a handsome salary in India. The salary range of a software developer in India is around ₹ 1.8 Lakhs to ₹ 12 Lakhs, with an average salary of ₹ 7.0 Lakhs yearly. Software developers’ salaries depend on various factors such as skills, experience, employer, and location. 

You can read, Is an online BCA course equivalent to a regular BCA? 

Top recruiters for Software Developers 

Trends indicate that the urgent demand for jobs in engineering, product, data science, marketing, and sales will be fueled by developing technologies such as artificial intelligence, robotics, virtual reality, and cryptocurrencies. Such circumstances have simply opened new frontiers for experienced software developers across. Top recruiters for Software Developers include renowned firms like: 

  • Google 
  • Microsoft 
  • Amazon 
  • TCS 
  • Infosys 
  • Accenture 
  • Capgemini 
  • Wipro 
  • Tech Mahindra 
  • IBM 
  • HCL 

Become a skilled Software Developer with an online BCA through Online Manipal 

The online BCA program offered by NAAC A+ accredited Manipal University Jaipur is designed to produce tomorrow’s software developers by fusing the most recent advancements in computer technology, a focus on intellect and inventiveness, in addition to the evolving norms of the sector. Real-world case studies are introduced in the curriculum to help you build and refine your critical thinking abilities. The faculty assist the learners in articulating themselves professionally in a challenging world where confidence and communication are crucial.  Learners can also gain hands-on programming experience by practicing through virtual labs. The meticulously crafted curriculum also covers some of the essential software tools and packages including Python, Oracle, Visual Studio, MySQL, and others. 

Eligibility criteria: 

  • Students must have completed their 10+2 or 10+3 diploma from a recognized board and institute. 
  • Students must have at least 45% aggregate in their 10+2 or diploma. (40% for reserved categories) 

Benefits of the program: 

  • The program provides learners with global tech perspectives 
  • It helps individuals get better-paying jobs 
  • It provides learners with hands-on experience and coding skills 
  • It helps gain coding, analytical, and problem-solving skills. 

Conclusion 

The need for highly competent software developers is not going to go away anytime soon as the IT businesses are growing and are on the route to greater glory. So, if you are planning to launch your career in software development, then enroll in the online BCA program offered by Manipal University Jaipur to delve deep into the field of software development and pave your way toward a lucrative career. 

Career options after MBA Pharmaceutical Management

From small-town pharmacies to big box chains, the pharmaceutical industry is thriving more than ever before. It offers plenty of opportunities for those interested in pursuing an MBA in pharmaceutical management. A career in pharmaceutical management post-MBA offers a lucrative path, with skills homed in areas like strategic planning, regulatory compliance, and market analysis. Job roles include pharmaceutical product manager, regulatory affairs manager, and healthcare consultant.  

The industry witnessed increased demand post-COVID-19, as evident in the rise in pharmaceutical job postings. As per the LinkedIn survey report, two of the top five rapidly growing jobs are related to pharmaceuticals. The pandemic emphasized the sector’s critical role, enhancing employment opportunities and highlighting the significance of skilled professionals in navigating challenges. This trend showcases the resilience and growth potential of a career in pharmaceutical management. 

Reasons for the increasing demand for pharmaceutical professionals 

Technological advancements 

Rapid technological progress, such as in gene therapy and personalized medicine, has expanded the scope of pharmaceuticals, requiring skilled professionals to navigate complex innovations and regulatory landscapes. 

Global health challenges 

Emerging global health challenges, including infectious diseases and non-communicable illnesses, necessitate a continuous demand for pharmaceutical professionals to innovate and develop effective treatments and preventive measures. 

Regulatory compliance and quality assurance 

Stringent regulatory requirements and an emphasis on product quality have led to a growing need for professionals skilled in regulatory affairs, quality control, and compliance to ensure adherence to industry standards. 

Increased research and development 

The pharmaceutical industry’s commitment to research and development has surged, fueled by the pursuit of groundbreaking therapies and drugs. This has heightened the demand for professionals specializing in clinical research, drug discovery, and development. 

Pandemic preparedness 

The COVID-19 pandemic underscored the need for a robust pharmaceutical infrastructure, driving demand for professionals to enhance preparedness, develop vaccines, and streamline supply chains. 

Check out: MBA in pharma vs MBA in healthcare 

Benefits of doing an MBA in Pharmaceutical Management 

If you want to work in the pharmaceutical industry, there’s no better place to build your career than an MBA in the field of pharmaceutical management. 

Here are five reasons why it is the perfect choice for someone looking to build a career in the pharmaceutical industry: 

  • Expand your career options 

A master’s in pharmaceutical management will expand your career options. It will help you gain expertise in drug discovery, drug development, drug manufacturing, regulatory affairs, and marketing. The coursework also covers pricing strategies, mergers and acquisitions, and business ethics.  

  • Learn from experts in the field 

With an MBA in pharmaceutical management from Online Manipal, you will have access to world-class faculty who are experts in the field and have decades of combined experience in the industry. You will also interact with other students who share your interests and alumni who can offer advice on how to land a pharma sector job. 

  • Networking 

An MBA will help you to develop a network of contacts that can help you throughout your career. You will meet people from all over the world working in different industries, and they can help you understand how to navigate the pharmaceutical industry. This is especially helpful when it comes to finding employment after graduation.  

  • Gain a broader perspective on the pharmaceutical industry 

You will learn how to combine your passion for pharmaceuticals with business principles. This will give you a broader perspective on how companies operate and what types of strategies are most effective in different situations. 

  • Improve your managerial skills 

The MBA course in pharmaceutical management is designed to help you develop the skills to manage teams and projects and work with external stakeholders. You will learn how to work with people from different backgrounds and cultures and how to communicate clearly and effectively. This can help you advance your career by making you more attractive to employers looking for leaders who can collaborate across teams and departments. 

Also check: Which MBA is best for a career in the pharma industry 

Best pharma jobs you can get after an MBA in pharmaceutical management 

With the rapid growth of the pharmaceutical industry, there has been a sharp increase in the demand for professionals with expertise in this field. As a result, many people are now opting to pursue an MBA in pharma management.  

Some of the pharma vertical jobs roles for MBA graduates include: 

  • Pharmaceutical Product Manager  

Responsible for the strategic planning, development, and marketing of pharmaceutical products. Involves overseeing the entire product lifecycle, from conceptualization to market launch. 

Salary: Up to INR 31.5 LPA 

  • Pharmaceutical purchase manager  

This role involves managing all purchasing activities for a pharmaceutical company. The manager is responsible for ordering supplies and ensuring they are delivered on time, as well as negotiating prices with suppliers when necessary. 

Salary: Up to INR 18.5 LPA 

  • Drug distribution manager 

A drug distribution manager ensures that drugs are properly distributed to retailers, pharmacies, and hospitals. This can include managing inventory levels, forecasting demand, and ensuring that products are delivered on time and in good condition. A drug distribution manager may also work with drug manufacturers to ensure they meet regulatory requirements before they can begin selling their products to distributors.  

Salary: Up to INR 24.5 LPA 

  • Regulatory Affairs Manager 

Ensures compliance with regulatory standards and guidelines. Manages interactions with health authorities, ensuring that pharmaceutical products meet all legal and safety requirements. 

Salary: Up to INR 26 LPA 

  • Clinical Research Manager 

Oversees and manages clinical trials for new pharmaceutical products. Ensures compliance with protocols, regulatory requirements, and coordinates activities among various stakeholders. 

Salary: Up to INR 21 LPA 

  • Quality assurance manager 

This role aims to ensure that all products being developed by a company meet high standards for safety, efficacy, and quality control. The person who fills this position must be able to identify potential issues before they become serious problems for either consumers or other employees at the company itself. 

Salary: Up to INR 20 LPA 

  • Pharmaceutical Sales Manager 

Leads and coordinates sales teams, developing and implementing sales strategies for pharmaceutical products. Involves building and maintaining relationships with key stakeholders in the healthcare sector. 

Salary: Up to INR 13 LPA 

Source: AmbitionBox 

Check out: Pharmaceutical management jobs in UAE 

Top recruiters 

If you have recently graduated with a Master of Business Administration in pharmaceutical management, you may be wondering what companies actively hire professionals with your degree. 

Many of the leading pharmaceutical companies in the world hire MBA graduates for positions in management and strategy. Some of the many companies include: 

  • Alkem Lab 

The company requires candidates who can handle the responsibilities of a manager, such as planning and implementing strategies, monitoring results, supervising employees, and making decisions. They are also considered someone who can manage an entire department or branch and ensure it runs smoothly.  

  • Cipla 

This company requires candidates with strong communication skills who are good at building relationships with external stakeholders (such as customers), handling stress and pressure, and making quick decisions.  

  • Glenmark 

This company hires candidates who have experience managing teams and projects and demonstrate leadership qualities. They also want someone who can work independently without supervision while still meeting deadlines. 

  • Piramal Enterprises 

Piramal Enterprises is an Indian company that focuses on pharmaceutical and healthcare services. The company is known for its innovative drug manufacturing, development, and delivery approaches. They have a strong focus on research and development and operations management. 

  • Sun Pharma 

Sun Pharma is an Indian pharmaceutical company that specializes in manufacturing generic drugs. It was founded in 1983 by Dilip Shanghvi and has become one of the world’s largest generics producers, with over 36000+ employees worldwide.  

Prepare for a successful career in pharma industry with MAHE’s online MBA in pharma management 

The pharma industry has been booming in recent years and the demand for professionals with the right mix of pharma and managerial skills has been high. An Online MBA in pharmaceutical management can equip with the knowledge and expertise needed to succeed in this industry. If you’re someone who’s working a full-time job or running a pharmacy and want to scale up in your professions, the online MBA in pharmaceutical management from the renowned Manipal Academy of Higher Education is the best choice. It offers the same standard of education as an on-campus program, complying with all the UGC regulations in a more flexible manner. This fully online mode provides you with the flexibility to balance your professional commitments and learning.  

Conclusion 

After completing an MBA in Pharmaceutical Management, diverse career paths await, spanning pharmaceutical marketing, regulatory affairs, healthcare consulting, and strategic management. This specialized degree equips graduates with a unique skill set, positioning them to thrive in the dynamic pharmaceutical industry, contributing to innovation, compliance, and business success. 

Major differences between distance education and online learning

Technological advancements necessitate digitization in all fields, including education. Learning trends have changed significantly with the advent of Covid-19 and the subsequent closing of schools, colleges, and universities. Learners started to look for ways and means to continue their education in a much safer and comfortable environment. And they are usually presented with two learning modes, online and distance. How to choose between them? 

There may be a lot of ambiguity in the terms and methodologies used as education becomes more digital. As a result, individuals frequently use the terms “online learning” and “distance education” interchangeably. However, did you know that online education is not the same as remote learning? Let’s learn about each category in detail and the advantages they offer. 

What is distance learning? 

Distance learning, also known as a correspondence course, is a type of education that does not require an individual to be physically present at the learning center (school, college, etc). In this mode, the students receive their course materials and other resources by email or post. 

This type of learning places a heavy emphasis on independent study, with little teacher interaction. Students are expected to use the course materials to complete the curriculum on their own. Teachers and students rarely interact at places called study centers. But it is important to follow the deadlines for exams and project submissions. 

There are some distance learning courses that demand a student’s actual presence in the classroom at certain times, such when attending workshops. These programs, which combine regular classroom instruction with distant learning, are also known as hybrid, blended, or correspondence courses. 

Also read: Regular graduation vs online graduation 

What is online learning? 

When it comes to education, online learning offers the student greater flexibility. The students are free to choose when and where they want to learn. This program is designed for students who want to complete their education totally online without having to visit a traditional campus setting. With the development of technology, students now have a wide range of alternatives, ranging from online master’s degree programs to undergraduate degree programs.  Today, many reputable colleges offer some of the top online MBA programs

Compared to distant learning, online learning is far more interactive. In this form of learning, students get access to a vast e-learning content and online lectures (live and recorded). Many discussions take place between teachers and students through an online digital platform. 

Online education has become incredibly popular after the Covid-19 pandemic hit. This medium has been widely adopted because schools and universities have no other method to educate students. 

Also read: List of accredited online degree programmes 

Differences between online learning and distance learning 

Aspect Distance learning Online learning 
Course delivery mode Primarily through printed materials or CDs sent by mail. Some may have limited online components. Entirely conducted over the internet using a learning management system (LMS) or other online platforms. 
Curriculum standard May vary in terms of standardization and accreditation, depending on the institution. Can adhere to global standards and accreditation, often offering a wide range of courses from various institutions. 
Duration Typically, more flexible, allowing students to study at their own pace. May not have strict deadlines. Offers flexibility in terms of learning, assignments, discussions, and exams. 
Recognition Recognition can vary; some programs and institutions may not be widely recognized. Generally recognized, especially if offered by reputable institutions or through established online education platforms. 
Student-teacher interaction Limited interaction, often through email or occasional virtual sessions. More interactive with live online classes and communication through discussion forums, chat, video conferences, and email. 
Peer Interaction Limited interaction, mainly through occasional meetups or forums. Regular interaction through online forums, discussion boards, group projects, and collaborative activities. 
Cost-effectiveness Cost-effective as it reduces the need for physical infrastructure and resources. Cost-effective as there are no commuting, boarding & infrastructure expenses.  
Learning materials Traditional materials like textbooks, printed modules, and CDs. Digital materials, e-books, multimedia content, and interactive simulations. 
Practical knowledge Limited hands-on experience, practicals may be challenging to implement. Depending on the course, there may be simulations, virtual labs, or opportunities for real-world applications. 
How exams are conducted Typically through written assignments sent by mail or local exam centers. Online exams, quizzes, and assignments conducted through the learning platform, often with remote proctoring. 
Career opportunities Recognition may depend on the reputation of the institution and the program. Widely accepted, especially by employers who recognize reputable online education providers and institutions. 
Student Support Support may be limited, primarily through email or occasional phone calls. Robust support systems with online tutoring, tech support, and academic advisors available. 

Advantages of online learning over distance learning 

Convenient learning mode 

Online learning employs a wholly online methodology, with all students participating in scheduled virtual classes. These classes are overseen digitally by a teacher who also guides students through the online lessons and tasks. The Learning Management System (LMS) is used for digital assessments and exams. Online learning is therefore not location-specific and simply depends on the online accessibility of both students and teachers. 

On the other hand, in distance learning, students must travel to test locations after studying and preparing at home. They might occasionally even be required to attend in-person classes or practicals at Learner Support Centers. 

Check out this learner outcome report to find out how online learners were empowered by Manipal University Jaipur.

Course structure is similar to regular course 

Another benefit of online courses is that the structure of such courses is very similar to a regular classroom course. This means that you are not losing out on anything when you choose an online course. You get a lot of flexibility but you also get all the benefits of a regular classroom course. 

Whether it has to do with the course materials or examinations, a good course will let you partake of everything you need to grasp the subject matter well. 

Online degree is equivalent to a traditional degree 

It’s only a myth that an online degree is not as worthy as a regular on-campus degree. If you pursue an online degree from any UGC-recognized university, your degree is as good as a traditional degree and is accepted by employers around the world. 

Better interaction 

The nature of teacher-student and student-student interactions also vary between Online Learning and Distance Education. Online learning programs typically use virtual courses and clearly defined modules. Additionally, they have a more interactive pattern. They adopt a blended digital learning style, making them more engaging whether they are group activities or one-on-one projects. There are also forums and groups where students can converse and share knowledge. 

There are extremely few interactions in distance education. Due to the lack of resources and infrastructure, this interaction is especially rarer in rural places. There are a few dispersed online groups and forums where students can connect with other students. 

Effective pedagogy 

Online education aims to simulate in-person instruction in a digital setting. The teaching methods used in this online degree program are quite similar to what students would encounter in traditional classroom settings. To make learning enjoyable, online programs use blended teaching methods. 

When it comes to remote learning, the teaching approach is usually straightforward. Students receive the study material, and they use it at their own pace to learn. 

Web-proctored exams 

Students enrolled in distance education must show up at designated exam centers. For online learning, students just take the tests from any location in a web-proctored setting. The administrative team is also ready for any back-end assistance, such as rescheduling tests, placements, internships, and more. 

For distance mode exams are usually conducted at regional test centers that require students to travel and take the exam. 

Networking opportunities 

Online learning provides students with the opportunity to connect with various industry experts and build meaningful relationships with them. Networking with mentors and industry experts is often neglected but has great importance since they have the ability to provide insights to the students and guide them on the right path. 

Check out: Online degrees vs on-campus degrees 

Choose the right university 

If you have decided to go for online education, there are certain things to look for. 

  • UGC recognition: This is important. It will ensure that your degree has a lot of value in the job market. 
  • Easy fee payments: Getting an education of your choice should not burn a hole in your pocket. When there is an option for easy payments (EMIs), it makes the financial burden a lot more bearable for students and their parents. 
  • Alumni network: Being a part of the alumni networking of a great university will help you in future career growth. 
  • Industry exposure: The right industry will give students an opportunity to get industry exposure to pave the way for success. 
  • Career assistance: You will definitely require career assistance. So, choose a university that provides you with any help you may need like writing your resume and interview tips goals. 

Get a UGC-entitled online degree from the NAAC A+ accredited Manipal University Jaipur 

It is worth getting an online degree that’s widely accepted by employers and other higher education institutions. Manipal University Jaipur (MUJ) offers UGC-entitled online degrees through its online platform Online Manipal. Online Manipal has a state-of-the-art Learning Management System (LMS), expert faculty, huge repository of e-learning material, and placement assistance for those who complete their degree. The curriculum of the courses is designed by industry experts and is similar to a regular on-campus degree. So, you don’t need to have second thoughts when you want to pursue an online degree. It is highly legitimate given the university you’ve chosen has the necessary recognitions and accreditations 

Conclusion 

Online mode of learning has clear advantages over distance education in many ways. For starters, when anyone opts for an online degree, they can enjoy the self-paced aspect of learning without any trade-off in the immersive classroom experience. So, Online learning is inarguably the way to go! 

Why online learning is a boon to differently abled learners

Every year, December 3rd is observed as International Day of Persons with Disabilities. It is aimed at spreading awareness about the rights and well-being of people with disabilities. This year, the theme is “Transformative solutions for inclusive development: The role of innovation in fueling an accessible and equitable world”.  

According to the World Health Organization, globally, 15% of the population lives with some form of disability, and 80% of this population live in developing countries. In India, 2.2% of the population endures some form of physical disability.  

At a time of rapid digitalization, technology is bringing about positive signs across sectors and education is no exception. The dawning of the internet changed the lives of students and learners worldwide, who have the privilege to access education anywhere, anytime. This largely benefits learners who belong to marginalized groups, like people with disabilities. 

Read more: How online education in breaking traditional barriers

Online learning is a savior for differently abled people, who cannot attend physical college or university to pursue their education. With the advent of online learning, students with disabilities can study from their smartphones or laptops with the help of an internet connection. Technology is providing them with the perfect learning solutions.  

Read more: Pros and cons of online learning

Online learning: A boon to everyone

Online learning caters to learners with various forms of disabilities.  

  • Students with physical disabilities can study online, from the comfort of their homes, without the need to travel to college. It also decreases physical strain.  
  • Learners with visual impairments can make use of adaptive technologies like braille keyboards, audio books, or voice-to-text software to pursue their education.  
  • Students with hearing impairments can watch video lectures with subtitles. Moreover, with cutting-edge technology, online learning platforms deliver classes that use multimedia elements that help learners understand concepts easily. Students can also rewatch videos.  
  • Technology is helping students with learning disabilities by customizing textbook content according to their convenience. This helps them process information effectively.  

Read more: How online learning is empowering girls in rural areas

Benefits of online education for students with disabilities 

Here’s how online learning can help transform their lives.  

Flexible learning opportunities 

Flexibility is the biggest boon of pursuing online degrees or courses. Most universities offering online programs conduct classes during the weekend, making it easier for students to study. For differently abled learners, flexibility is of utmost importance as they can schedule their studies according to their convenience. 

Inclusivity 

Students with disabilities might find it uncomfortable to study with their peers. They might be conscious of being judged or teased. Online learning breaks this barrier, as learners can study in an environment of their comfort. At the same time, they can also interact with peers virtually, improving their communication skills. This makes them feel more inclusive.   

Breaking physical barriers 

Accessibility is another benefit of online learning that makes it extremely desirable for students with disabilities. Learners can attend classes from the comfort of their homes with the help of a laptop or smartphone and an internet connection. With Online Manipal, learners can attend classes and access e-learning material even on low bandwidth.  

Access to recorded classes e-learning material 

Learners can access e-learning material multiple times throughout the day. Some universities also provide recorded sessions that are accessible anytime. This helps students revisit classes they want to re attend and clarify doubts. This enhances students’ learning potential. 

Cutting-edge technology 

Undoubtedly, technology drives online learning. Universities offering online degrees use cutting-edge technology to deliver online classes. Differently abled students can attend lectures that use multimedia elements like audio, video and images. This also improved the quality of online education.  

Pick from top universities 

Differently abled students might dream of pursuing degrees from top, reputed universities, but might not be able to attend college physically. With online degrees, learners can pick a university of their choice and study. There are several universities in India and abroad offering online courses and programs today, expanding the opportunities for learners with disabilities to pursue the degree of their dreams. This is how online learning is transforming the lives of students with disabilities.  

The Online Manipal advantage 

An online learning platform, Online Manipal gives access to online degrees from premium universities including Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE) and T. A. Pai Management Institute (TAPMI). There are several benefits to pursuing your degree with Online Manipal.  

Scholarships for differently abled students: Online Manipal offers scholarships for differently abled learners. Scholarships coupled with easy financing options makes the degree programs cost-effective.  

Read more: Top scholarships offered at Online Manipal

UGC-recognized degrees: The online programs available on the Online Manipal website are UGC entitled, and NAAC accredited. They are valued and credible worldwide. 

Empowered education: With access to courses designed by industry experts, learners can take up quizzes and get access to webinars anytime.  

Enhanced digital learning platform: An integrated learning management system (LMS) allows learners to interact with peers and faculty and access 1000+ hours of cutting-edge tutorials.  

Experienced faculty: Students get to interact with faculty, who are industry experts, at any time. Students with disabilities can attend doubt clearing sessions and approach faculty at any time. 

Wrapping up 

The benefits of online learning in today’s technologically driven world have made it a desirable mode of learning. Especially for differently abled persons, in the sense that they feel more accepted while studying remotely than attending physical classes. It allows them to study in a comfortable environment and they can access everything at their fingertips.  

How to get a banking job after B.Com?

A Bachelor of Commerce (BCom) lays a great foundation for entering the banking sector. Boasting a curriculum rich in financial education, BCom equips graduates with essential skills. From comprehensive knowledge of accounting and economics to specialized banking courses, BCom instills analytical prowess, problem-solving skills, and an understanding of ethical and legal standards. Internship opportunities and networking opportunities further bridge the gap between academia and real-world banking operations. The versatile skill set acquired during BCom positions graduates as competitive candidates, ready to navigate the dynamic landscape of the banking industry. 

BCom graduates are the preferred choice of banks while hiring. These banks can be either government or private. In both private and public sectors, there are numerous opportunities available for students that ensure constant growth of the students. Let’s check how to get a job in a bank after graduation. 

To know more, check out B.Com course details: All you need to know

Requirements to get a bank job after BCom 

There are different sets of criteria for the public and private sectors – 

To get a job in PSB (Public Sector Bank), i.e., a government bank, you must clear the qualifying examination conducted by the Institute of Banking Personnel Services (IBPS).  

Public Sector Banks (PSUs): 

  • Bank Clerk (Clerical Cadre): 
  • Eligibility: Graduation in any discipline from a recognized university. Age limit typically ranges from 20 to 28 years. 
  • Salary: Up to INR 5 LPA 
  • Probationary Officer (PO): 
  • Eligibility: Graduation in any discipline from a recognized university. Age limit is generally between 20 to 30 years. Banks conduct competitive exams like IBPS PO for selection. 
  • Salary: Up to 7.6 LPA 
  • Specialist Officer (SO): 
  • Eligibility: Graduation in a relevant field (IT, Law, HR, Marketing, etc.). Additional qualifications or certifications in the specific area may be required. Age limits vary. 
  • Salary: Up to 19 LPA 
  • Bank Manager (Scale I, II, III): 
  • Eligibility: Graduation in a relevant field, often with several years of banking experience. Higher scales may require additional qualifications like an Online MBA degree. Age limits vary. 
  • Salary: Up to INR 15.7 LPA 
  • Credit Analyst: 
  • Eligibility: Graduation in Commerce, Finance, or related field. Some positions may require an MBA in Finance. Relevant work experience is often preferred. 
  • Salary: Up to INR 15.2 LPA 
  • Loan Officer: 
  • Eligibility: Graduation in any discipline, preferably with knowledge of banking and finance. Relevant work experience or additional certifications may be required. 
  • Salary: Up to INR 4 LPA 

Private Sector Banks: 

  • Bank Clerk (Clerical Cadre): 
  • Eligibility: Graduation in any discipline from a recognized university. Age limits vary. Private banks may have their own selection processes. 
  • Salary: Up to INR 5 LPA 
  • Probationary Officer (PO): 
  • Eligibility: Graduation in any discipline. Age limits typically range from 20 to 30 years. Private banks may conduct their own recruitment processes. 
  • Salary: Up to 7.6 LPA 
  • Specialist Officer (SO): 
  • Eligibility: Graduation in a relevant field, and additional qualifications or certifications as per the job role. Age limits vary. 
  • Salary: Up to 19 LPA 
  • Branch Manager: 
  • Eligibility: Graduation with several years of banking experience. Some positions may require an MBA. Age limits vary. 
  • Salary: Up to 16 LPA 
  • Relationship Manager: 
  • Eligibility: Graduation in any discipline, often with a preference for business or finance-related degrees. Good communication and interpersonal skills are crucial. 
  • Salary: Up to 8 LPA 
  • Financial Analyst: 
  • Eligibility: Graduation in Commerce, Finance, or related field. Additional qualifications like an MBA or CFA may be preferred. Analytical skills are essential. 
  • Salary: Up to INR 11.5 LPA 
  • Risk Analyst: 
  • Eligibility: Graduation in a relevant field, such as Finance or Risk Management. Some positions may require additional certifications. Analytical skills are key. 
  • Salary: Up to INR 17.9 LPA 

Check out: How to become a risk manager after BCom 

  • Treasury Officer: 
  • Eligibility: Graduation with a focus on finance. Some positions may prefer candidates with an MBA in Finance. Knowledge of treasury operations and financial markets is crucial. 
  • Salary: Up to INR 17.9 LPA 

Source: AmbitionBox 

Eligibility criteria can vary among private sector banks, and candidates should refer to the specific requirements of the bank they are interested in. Additionally, gaining relevant certifications and work experience can enhance eligibility for certain specialized roles. 

You may be interested to know more about banking job after BBA.

Government banks or private banks: Which is a better career choice? 

As mentioned earlier, there are two paths that you can choose to land in the banking sector. But which is better for you? The answer certainly depends on your current circumstances, while both private and government bank jobs have their pros and cons. 

Key differences in Private and Public sector banks 

Both banks contribute greatly to the development of the country’s economy in their ways. Aspirants who are willing to build a career in the banking sector should align themselves with the requirements and goals of each sector and choose the sector which suits them the best. 

1. In public or government banks, the control lies within the hands of the government of the state or the nation. The government has a major stake in the banks, and thus the functioning of the bank is decided according to the law. 

In a private bank, the control is entirely in the hands of private entities or simply an individual. Some private banks can also be run by a trust or an organization. Private sector banks do not fall under certain laws laid down by parliament or the courts. 

2. To get a job in government banks, you have to clear the qualifying examination conducted by the IBPS, whereas getting into private sector banks is comparatively easier; you might get selected based on your interview performance. 

3. Career growth in the public sector is comparatively slow compared to the private sector. As in the government banks, you are appointed through the qualifying examination; the growth remains stagnant for quite a few years. Generally, the promotion depends on the number of years you have provided your service to the bank and not on talent or hard work. In the private sector, growth is purely based on hard work and talent. The main reason behind promotion in the private sector depends on merit and not age. 

4. As mentioned above, government banks decide your paycheck on your seniority and not your talent, so the pay can sometimes be less compared to a similar post in a private bank. In private sector banks, as you can get a promotion very quickly based on merit, you can have a good pay package, and your salary may hike pretty easily. 

5. Government banks always provide higher job security compared to the private sector. In the private sector, the competition is always on, and there are very high chances that you may lose your job if you don’t keep up with the competition. 

6. Also, being a government employee, you can avail many benefits in loan rates, high-interest rates on deposits, pension schemes, and much more. While being a private sector employee, you can’t have such benefits. 

Also read: Best PG courses for BCom graduates 

Advantages of choosing a career in the banking industry 

The banking sector has undergone several major changes in the past few years, which has opened vast opportunities for aspirants. Here are a few reasons why you should choose the banking sector to build a strong and reliable career. 

  • Good pay packages 

Compared to other industries, the banking sector pays higher, be it private or government banks. Other entry-level jobs don’t provide good pay, especially to the freshers. So if you have completed your B.Com and are thinking about pursuing a career in the finance industry, the banking sector is certainly the best option. 

  • Job security 

Besides a respectable salary, you also benefit from higher job security, especially in the public sector. Even if you are an average employee, you don’t have to worry much about losing your job. 

  • Scope for growth 

The banking industry provides many opportunities to grow and strengthen your career. Even if you get an entry-level job in the banking industry, after a few years of hard work, you can reach your desired post. Along with job promotion, banking jobs also indulge life values that will help you even if you plan to leave the job and start your own business. 

  • No recessional impact 

No matter what the conditions are in the country, people continue to interact with banks to secure their money. So as long as people are earning money, banks are going to be there, and nothing can impact the working of banks. Due to extreme stability in the banking sector, recession only has a minor impact. 

  • Aspirants from any discipline can get into it 

The banking industry not only demands people from the commerce field but also welcomes individuals of other disciplines. The banking industry has a place for all aspirants who desire to build a career in the banking industry. 

  • Safe and comfortable work environment 

As mentioned above, the banking industry in India is one of the most stable industries in India. It helps the banking sector to provide a great work experience to the employees, which further leads to the feeling of job satisfaction among the employees. 

  • Great work-life balance  

Compared to other industries like IT, the banking sector provides an excellent work-life balance. You don’t have to worry about your work when you are at home. The banking industry provides a stress-free and hassle-free life to employees. 

Check out: How to earn a BCom degree online 

Steps to prepare for a bank job 

Let’s check how to get a bank job after BCom

  • Select the right commerce or finance degree 

Select the appropriate degree in finance or commerce. For example, BCom or MCom. 

  • Prepare for the bank exams 

Once you have completed the degree program, you can start preparing for the bank exam according to the syllabus. 

  • For positions at the senior level, get a master’s degree 

If you are aiming for a senior post, it is recommended that you have a master’s degree in finance or commerce. 

  • Obtain certification in accounting or finance 

If you are not willing to invest the required time in the master’s degree program, you can get yourself an online certification in accounting or finance to grab various bank jobs. They will certainly help you improve your job portfolio. 

  • Networking 

Build and maintain strong connections with other professionals in the sector to have a fair idea about the domain. 

Some top government and private banks that recruit BCom graduates 

  • State Bank of India 
  • HDFC Bank 
  • Bank of Baroda 
  • Canara Bank 
  • Axis Bank 
  • Kotak Mahindra Bank 
  • ICICI Bank 
  • IDBI Bank  
  • YES Bank  
  • Bank of India 

Secure a high-level banking job with an online master’s degree 

Most of the banks do recruit BCom graduates as employees. But when it comes to directly landing on higher posts, a master’s degree is a must. Having a master’s degree gives you an upper hand over your competitors, and it can increase your growth rate and help you obtain higher pay packages. 

Manipal University Jaipur (MUJ) and Sikkim Manipal University (SMU) now provide online degrees through their online platform, Online Manipal. With the help of these online courses, you can start learning at your own pace without having to step out of your comfort zone. The online courses provided by MUJ and SMU are comparatively cost-effective and tend to provide world-class education that can be accessed from a computer or mobile screen. Along with B.Com and M.Com courses, you can also pursue MBA in finance or MBA in BFSI courses to land your dream job in the banking sector. 

To know more, you can check out Guide to MBA in finance course

Conclusion 

As the economy of India continues to grow at an exceptional rate, the banking industry will play an important role in the country’s development. It is safe to say that opportunities in the banking sector will grow, looking at the current scenarios. With the help of the online degree programs provided by Manipal University Jaipur, you can stand out from the crowd and build a strong and bright future. 

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