10 Common challenges faced by online students in job placement Online education has grown rapidly, both in terms of the number of courses students pursue worldwide and its popularity among them. This can be attributed to a flexible learning structure and the convenience of studying from anywhere. However, online education does present students with a set of unique challenges as well, particularly at the time of seeking job placements. This blog throws light on some of the key online degree job placement challenges that graduates face in the industry. Common Challenges Faced by Online Students in Job Placements Let us now look at some of the top challenges that students face in job placements after completing an online degree: 1. Perception of online degrees Challenge: Despite their growing popularity, online degree programs may still face the hurdle of gaining universal approval and recognition in the job industry. Many employers tend to undervalue the relevance of an online degree compared to that secured by attending traditional campus courses. This acts as a roadblock in the future growth of students aspiring for better job opportunities. Solution: It is important to look for online degree programs that are accredited by respectable universities. Degrees conferred by such institutions are recognized, hold relevance, and respect among employers, both government and private, across the globe. It is equally helpful to showcase milestones achieved during the online course duration. These include assignments and projects completed and the overall experience gained as part of the online program. 2. Lower opportunities for campus recruitment Challenge: Campus recruitment drives are the natural course of action in the case of traditional campus degree programs. Prospective employers select students based on their talent, potential skills, and performance records. However, students pursuing the same course online tend to miss out on such lucrative opportunities. Solution: Online courses offer students other kinds of opportunities to avoid feeling left out in the process. Students are encouraged to tap into alumni networks. Past students who have gained considerable work experience in the industry are better able to help and guide current students or fresh graduates. Additionally, students of online degree courses can make use of online job fairs or stay active on job portals. Both these platforms are great at allowing students to network professionally. 3. Limited access to career counseling services Challenge: Students studying online may not have the same access to professional career guidance services as their on-campus peers. These include help with building a professional resume, career counseling for students, and helping them prepare for interviews. Solution: You can consider seeking an online career counseling service that your university or study institution offers. Alternatively, you may try out counseling available on other external platforms as well or engage in self-directed activities for career development. 4. Difficulty in networking Challenge: Yet another of the common challenges faced by online students in job placements is limited opportunity to network. Online students mostly engage in self-study or attend virtual classes. This reduces the scope for physical interaction with peers, faculty, or other industry experts. This further reduces the chance to improve job prospects for online graduates. Solution: Online students need to engage more in virtual networking events where they can connect with class or batchmate and their faculty. Joining professional organizations online as well as networking on professional portals like LinkedIn is also a great idea to overcome employment barriers with online education. 5. Difficulty in time management Challenge: The flexible learning structure that online learning provides can sometimes make it difficult for students to maintain a work-life balance. Students find it hard to juggle between their studies/online classes, work commitments, and some personal engagements. This may sometimes hardly leave enough time for job search or career growth. Solution: It is important to create a structured schedule, keeping fixed time for personal, work, and study commitments. Make sure to assign priority to the tasks that you need to complete first. Also, take the help of productivity tools that can assist you in effective time management practices. 6. Lack of practical experience Challenge: It may sometimes be difficult for online students to gain access to the same level of on-the-job work experience or professional internships as their on-campus peers. This is because the latter can afford to work hands-on as and when required in a specific project under the guidance and supervision of a trained/experienced professional. Online students may lack this ready opportunity. Solution: Make sure to take up freelance projects, pursue online internships, wherever possible, and attend practical workshops virtually. All of this would help you gain sufficient relevant work experience. Thanks to technological advancements in every arena, virtual work experience and internships are fast becoming a reality. 7. Geographical Barriers Challenge: Online students also face the difficulty of finding or applying for jobs that are geographically far or inaccessible from their place of residence. Solution: Again, technological evolution has been successful in bridging this gap, allowing graduates and professionals to apply for remote job roles anywhere in the world. You may also consider relocating to the place of work, if feasible, and make use of location-neutral job search portals to facilitate job search. 8. Building a professional brand online Challenge: This is among the top challenges that online students face. Due to a lack of physical interaction with industry professionals, these students find it hard to create a professional identity for themselves online. Solution: You can establish a strong online presence using a professional portfolio or website. Make sure to update your LinkedIn profile and other professional profiles on varied platforms regularly. Also important is to keep engaging with your network online by putting out regular posts. 9. Staying motivated Challenge: Finding a job online can be rather frustrating, discouraging, and stressful, owing to the lack of a physical community of peers for emotional support. Solution: Staying connected with peers is key here. You can do so by catching up with them regularly online over chats or video calls. Also, make sure to keep your job search goals realistic. Continued learning, upskilling, and adaptation to the latest industry trends help facilitate the process. 10. The gap in technical skills Challenge: Online students may lack exposure to certain specific technical knowledge, tools, or software in their respective job sectors. This may be because they failed to get an opportunity to work hands-on with such software and technical tools and earn proficiency in the same. Solution: Pursuing add-on online courses to build the technical knowledge and skill set can be helpful here. Also, make sure to highlight your learning in the respective arenas on your resume and interview processes for job search. This helps prospective employers gauge your skill level and proficiency. Online Students Placement Strategies Tips We elaborated on the common challenges faced by online students in job placement. Let us now look at some helpful job search tips for online students to make the process easier and more comfortable for them: Develop a strategic plan for your job search: This includes defining the key steps involved in a targeted job search strategy. These may cover identifying the ideal job roles per your academic interests or career goals, understanding the job requirements, upskilling, if required, and applying for the job role. Using job search engines or portals can help simplify the process. Also, make sure to leverage other platforms in your job search. These include applying on the company’s official portals, LinkedIn, and other job platforms to find suitable job vacancies. Network better: This is particularly important for an online student. As discussed earlier, one of the major hurdles in the way of your job search is a lack of physical interaction with peers and other professional experts. Make sure to take part in virtual networking events often. These may include online conferences, webinars, and online career fairs. Leveraging social media platforms such as Twitter and LinkedIn for professional networking is also a key link in this chain. Make the best use of your online learning experience: Actively participate in group projects shared as part of your online course and engage in online class discussions with peers or faculty. Also, taking part in online extracurricular activities that help foster bonding and interactions with peers and faculty is an integral part of networking. Find a mentor: This is more important in an online learning environment where feeling isolated and alone is easy. Make efforts to find a mentor or guide, both within and outside the academic environment, to help you through your job search journey. Follow inspirational leaders on professional platforms like LinkedIn and take guidance from their content and talks to chart out your career path. Making the Most of Online Career Services Taking guidance from online career consultancy services some top universities offer can be very helpful. Online Manipal provides placement assistance services to students, guiding them in making informed career choices. Additionally, we offer complete help and support in finding suitable jobs after graduating from one of our courses on the Online Manipal platform. Our experts from our vast network of leading companies all over India help align your career goals with just the right job roles. In addition, several online tools and resources are easily available that can help with building professional resumes as well as preparing for interviews. We also regularly evaluate your skills, suggest skill upgrade programs on Online Manipal to make you industry-ready, and offer employability training to boost your chances of employment. Make the most of these tools and take the first step forward in your career journey. Conclusion We discussed some of the key challenges that online students face concerning job placements upon graduation in this blog. We also proposed some helpful solutions that can help you overcome these hurdles and find successful placements in the industry of your choice. The key here is to leverage the unique skills of flexibility, time management, and networking that you learn through online courses for adapting to the changing job market. Moreover, online learning equips you with the latest skills that are in demand in your industry and makes you highly attractive to potential employers. Manipal University Jaipur offers a host of popular courses on the Online Manipal platform as per your academic and professional needs. We also provide guided placement assistance services to all our students to enable them to find suitable job prospects ahead.
Career options after Sikkim Manipal University’s online MBA Sikkim Manipal University’s latest launch, an online MBA with dual specialization, is fast becoming popular among both students and working professionals. The course is an ideal next step for those aspiring for professional growth and advancement. The best part of the course is that it allows students to specialize in not just one (which is the case with conventional MBAs) but two domains simultaneously. This makes these graduates highly attractive in the job market, opening avenues for multiple high-paying roles in varied domains. This blog explores some of the top SMU online MBA career opportunities that you can look forward to upon course completion. What is an online MBA with dual specialization? Sikkim Manipal University offers an MBA program online with the option of specializing in two disciplines in parallel. The course is designed to enhance the leadership and managerial skills of students and working professionals. This helps them better position themselves in the competitive job market. SMU online MBA career opportunities are plenty for graduates, offered at attractive pay packages as well. Careers after Sikkim Manipal online MBA Students completing their online MBA in dual specialization from Sikkim Manipal University are eligible to apply for a host of job roles in varied domains. This is because they now have knowledge and skills in two related disciplines that come in handy while applying for careers after Sikkim Manipal’s online MBA program. Listed below are some of the top career options for graduates: Product Marketing Manager: Conducting market research, designing the messaging, reviewing and working on customer feedback, and developing market strategy are some of the key roles of a Product Marketing Manager. Average annual salary (approx): INR 20,08,221 per annum Talent Acquisition Manager: They are responsible for predicting staffing requirements in the company, leading initiatives for employment branding, and designing appropriate hiring plans. Average annual salary (approx): INR 13,31,814 per annum Digital Marketing Manager: Researching the latest consumer trends, working with the marketing team to devise new strategies, designing marketing campaigns, and measuring the effectiveness of those campaigns in terms of ROI are some of the key responsibilities of a Digital Marketing Manager. Average annual salary (approx): INR 13.4 lakh per annum IT Consultants: They help businesses make effective use of technology by offering expert advice and guidance to the clients. Average annual salary (approx): INR 11,19,153 per annum Logistics Manager: Responsibilities include managing shipments, negotiations, designing plans for enhancing work processes, and managing inventory. Average annual salary (approx): INR 9.9 lakh per annum Supply Chain Analyst: Their job is to ensure that the supply chain of an organization runs cost-effectively and efficiently. Average annual salary (approx): INR 7,17,000 per annum Top industries to work for While discussing SMU MBA job prospects, it helps to understand some of the key industries that hire graduates with dual specialization. Some of the top industries include: Financial services BFSI FMCG FinTech Advertising Information Technology Retail Supply Chain Logistics & Supply Chain Advantages of pursuing MBA with dual specialization Students pursue the dual-specialization online MBA from Sikkim Manipal University as it offers a host of benefits to graduates. Lucrative careers after Sikkim Manipal’s online MBA are just one of the several advantages of pursuing the course. Some of the other top advantages of taking up the program include: Students gain the opportunity to specialize in two disciplines instead of just one as in traditional MBA programs. Graduates are eligible to earn higher pay packages at top managerial roles secured after completing the course. The course is offered in 100% online mode, ensuring absolute convenience and flexibility for students. Students get to learn managerial and leadership skills that are strategic for their career advancement and growth. They can make valuable professional connections with top industry experts in their specific discipline, many of whom are alumni of the online MBA dual specialization program. They are then better able to help the fresh graduates as they navigate the competitive job market after graduation. Students can look forward to rewarding and alluring career paths with SMU online MBA degrees in varied industries, based on their academic and professional interests and goals. Skills you will learn with an MBA with dual specialization Graduates are better able to apply for promising careers after Sikkim Manipal’s online MBA as the course equips them with the desired industry skills to enhance their prospects. Here are some of the most desirable skills in the job market that graduates in online MBA with dual specialization are equipped with upon course completion: Leadership Keen sense of business Problem-solving ability Analytical thinking Effective written and verbal communication Professional networking Management skills Industry-specific expertise Negotiation skills Innovation Entrepreneurial skills Project management Time management Elevate your career with an MBA with a dual specialization An MBA degree has always been known to enhance your career prospects multifold. Now, with the advantage of dual specialization, students can look forward to even more promising job opportunities. By choosing two study disciplines that complement each other, you stand a chance to gain a competitive edge over your counterparts by obtaining an extended knowledge base and skill set. Sikkim Manipal University further enables you an added advantage of convenience, self-paced study, and flexibility in learning through its online MBA with a dual specialization program. Furthermore, SMU MBA employment options are plenty, offering a wide array of job roles in multiple industries upon graduation. With a well-rounded understanding of multiple domains, you appear more attractive to potential employers in the job market. Sikkim Manipal University holds the prestige of being accredited with an A+ grade by NAAC and all its online degree programs are entitled by the UGC. The university also complies with AICTE norms and is ranked as the top private university in North East. It also offers a host of attractive scholarships to students and easy financing options with no-cost EMIs to enable students to take up the course with no worry. Conclusion An MBA in dual specialization is one of the more preferred course choices among students aspiring for management courses. The course is an enhancement over the conventional MBA courses that only provide a single specialization. This one however offers a chance to specialize in two study areas in parallel. As a result, students can gain knowledge and skills in two related or complementary disciplines and boost their chances of career success. For this reason, SMU MBA employment options are ample and graduates can choose to work in any industry or job sector as per their academic or professional interests or career goals. Students get a chance to advance their knowledge and skillsets in two domains while working professionals leverage the chance of growing their career path by learning skills that are the most required in the job market. Equipped with just the right skills that can enable them to assume top managerial and leadership roles in their industry, these students stand to gain the best career roles after completing an MBA in dual specialization. Sikkim Manipal University offers an online MBA with dual specialization to aspiring students and working professionals alike. The course is designed for professionals from varied backgrounds and enables them to study without interrupting their work priorities. The course offers dual specialization options in Marketing, Finance, HR, Systems, and Operations & Supply Chain Management. Globally recognized and widely accepted by governments and the private sector alike, an online MBA with dual specialization is validated at par with on-campus degree programs. Upon completion, graduates can unlock lucrative career choices for themselves. Some of the top SMU MBA employment options, apart from the ones discussed in this blog, are Financial Manager, Database Administrator, Market Research Analyst, IT Consultant, Portfolio Manager, and HR Manager.
Top online MBA courses in Delhi NCR A degree as prestigious as the Master of Business Administration (MBA) is a must-have in today’s job market if you want knowledge of the business world. Available with a roster of specializations, it is an amazing option for those actively seeking high-paying leadership and management roles. In an economy where everything is expensive and few people can afford to even fund their MBA degrees, let alone give up existing jobs to learn, online MBA programs become an attractive option. These courses offer flexibility, are convenient to pursue and are hugely accessible across time and space, resulting in their popularity today. The right courses in an MBA program can significantly impact your career trajectory. This is where Delhi NCR has fast-emerged as a prime location for pursuing an MBA program. Let’s dive deep into how lucrative a nexus Delhi NCR is when it comes to business education from some of the top-tier institutions. Why choose an online MBA in Delhi NCR? Choosing an online MBA from Delhi NCR comes with several advantages that would work in favor of gaining good business experience as well as strategic management skills. Flexibility of time and space Online MBA courses in Delhi allow you to study at your own pace which can be highly beneficial, especially if you’re juggling a lot of things at once – be it another job or other life commitments. Online courses offer flexibility to balance all these commitments while also imparting knowledge. Reputation of the institution Places like Noida in Delhi NCR are home to a variety of institutions. Some of the top MBA colleges in Noida are where you should seek admission. These are known for their superior quality of skill training, providing real-life experience as well as academic excellence to students so that they lead in the corporate world. Proximity to business hubs Delhi NCR is the center of corporations and business centers – be it Noida or Gurugram. In the Delhi NCR region exist invaluable opportunities for lucrative internships, robust networking and reputable career placements. Choosing Online Manipal for your online MBA course in Delhi NCR Online Manipal is a platform that offers UGC-entitled online degree programs from top institutions. These include the Manipal Academy of Higher Education (MAHE) and Manipal University Jaipur (MUJ). For students eyeing online MBA courses in Delhi NCR, Online Manipal stands out as a stellar as well as a reputable option. Here are some reasons why: Two comprehensive MBA programs from either MAHE or MUJ – tailored for working professionals and a broader audience alike. The online MBA programs at Online Manipal allow students to study at their own pace – balancing education with flexibility. The programs offered through Online Manipal come from highly accredited institutions that are prestigious because of the quality of education that they impart across industries. Course details and specializations through an MBA in Noida Some of the most renowned institutions for an MBA are located in Noida making it not only the centre of quality education but also a top-tier business hub. Institutions like Jaipuria Institute of Management and IMS Noida host a variety of courses for various career goals as well as specializations such as Finance, Marketing, Human Resources, and Information Technology. They are some of the top MBA colleges in Noida. Noida’s closeness to corporate hubs makes it perfect to network and secure top placements with industry giants. No wonder, Noida emerges as a prime location for MBA students to network, develop career-advancing skills and learn essential business concepts. A typical online MBA in Noida will offer specializations such as: Finance Marketing Human Resources Information Technology Operations Management Course structure: Duration –18 months to 2 years. Format – Core lessons, electives, exams, case studies and practical projects. Key Skills – Leadership, strategic thinking, business management and more. The Noida MBA syllabus is designed to provide students with: Necessary skills and knowledge to excel in today’s competitive business environment Flexibility of online learning A comprehensive curriculum Work-study balance Eligibility criteria and admission process If you’re considering pursuing an MBA in Noida, understanding the eligibility requirements and admission process is essential. Here’s a general outline: Educational Background – A bachelor’s degree from a recognized university. Work Experience – Programs targeting working professionals may require relevant work experience. Step-by-step admission process for MBA courses in Noida is as follows Application Submission: Complete the online application form provided by the institution. Document Submission: Of academic transcripts, ID proof, and work experience certificates. Entrance Exams: Some programs require passing entrance exams. Deadlines: Ensure meeting deadlines for MBA admissions in Noida. With competitive admissions, staying organized and well-prepared is crucial to securing a spot in one of the best MBA colleges in Noida. Fee structure and financial aid options Understanding the cost of an online MBA in Delhi NCR is critical. This decision-making process should involve the following: Average fees Online MBA courses in Noida generally cost between 2.5 lakh rupees to somewhere around 6 lakh rupees, depending on the institution, how much time is taken and the program you opt for. Financial aid options: Scholarships based on merit or need. Payment plans – that can be flexible – so you can manage your costs and budget for the degree easily. This is something that can be achieved with Online Manipal and its flexible payment options. Loans for education can also help finance your online MBA. These shall include relocation costs if you plan on moving and pursuing a regular MBA. Career prospects and opportunities Earning an MBA from a top institution in Noida opens up numerous career opportunities. The same can be availed by an online MBA program. Here’s what to expect: Potential Roles – Business Analyst, Marketing Manager, Financial Consultant, HR Manager and IT Manager. Industries – Finance, Marketing, Technology, Consulting, Operations, HR and more. Placement Support – The best MBA colleges in Noida as well as Online Manipal often provide extensive placement support. One can use this to their advantage. By leveraging strong industry connections, students should be able to secure top positions. How to choose the right online MBA program Here are some tips on choosing the right online MBA program so you make an informed choice about your career: Go for universities with reputable accreditation and recognition by the relevant industry bodies. Choose a program and specialization that aligns with your career goals, income aspirations as well as interests. MBA courses can be heavy on the pocket. To budget and fund your degree well, compare MBA fees in Noida while also exploring other means through which you can get some subsidization in the expenses. These might include grants, scholarships, side jobs and other means aimed at money management. Well, with online MBA degrees, your costs are already lower as compared to regular MBAs. The flexibility offered by an online MBA can also help you balance your work-life balance while pursuing the degree. The bottom line Pursuing an online MBA in Delhi NCR gives one flexibility, quality education as well as an access to one of India’s most dynamic business regions – whether you plan on relocating to the area or not. Irrespective of if you are a working professional or a recent graduate this unique combination of lucrative benefits can be stellar for your career opportunities and set you on the path to success. If you’re considering an online MBA degree from Delhi NCR, we at Online Manipal provide MBA programs that make for an excellent choice for students. However, the onus lies on you to research your options, choose a program that aligns with your career goals and embark on your journey toward a brighter future for which we wish you luck. Unlock opportunities with our top online degree programs Bachelor’s DegreeMaster’s DegreeBachelor of Computer Applications (BCA)Master of Business Administration (MBA)Bachelor of Business Administration (BBA)Master of Computer Applications (MCA)Bachelor of Arts (BA)MSc in Data Science (MSc-DS)Bachelor of Commerce (BCOM)- MUJMaster of Commerce (MCOM)Bachelor of Commerce (BCOM)- SMUMaster of Arts in English (MA)
Top online MBA courses in Chennai Due to today’s economy and the turbulent job market, there is indeed a high demand among people to obtain educational services that are flexible and accessible. More than that, everyone wants to get onto the business bandwagon and either become entrepreneurs or make it big in corporate. In such a scenario, Chennai has emerged as the hub of business, education and opportunities for many. It is hence no wonder that more people are choosing it as the place to begin their graduate studies in business administration (MBA). Students intending to boost their careers through internet-based MBA programs should thus consider this region because it is known for its high levels of education coupled with flourishing trade activities. Why should you opt for an online MBA in Chennai? Chennai is an extraordinary environment for students taking an MBA, a unique combination of academic prowess and firm business ties. Following are the reasons why considering MBA courses in Chennai is a great decision: Flexibility and Convenience: In Chennai, India, people can take their MBA programs through the Internet without pausing what they do (work-wise). Academic Excellence: It is a fact that Chennai has some of the best MBA institutes that abide by strict standards of education while ensuring strong industry alliances. Business Hub: Chennai is a major networking hub due to her contribution towards various industries such as IT, manufacturing and finance. Going for any top online MBA program in Chennai’s universities allows one to tap into its numerous educational resources in addition to bright professional prospects, all done from a distance. Top institution offering online MBA courses in Chennai Some of the top MBA colleges in Chennai include Anna University, Loyola Institute of Business Administration (LIBA) and Great Lakes Institute of Management. Doing a regular MBA program from them can be quite tiring, time-consuming and intensive for someone who wishes to juggle work, life and studies. If you’re someone like this, an online MBA program might work better for you. Online Manipal as a leading platform for online MBAs One of the most outstanding places for students who wish to do MBA courses in Chennai online is Online Manipal. Under the prestigious Manipal Group, Online Manipal offers UGC-entitled online degree programs from three reputed universities – Manipal Academy of Higher Education (MAHE), Sikkim Manipal University (SMU), and Manipal University Jaipur (MUJ). That is why Online Manipal is a good choice for those who wish to pursue an MBA: Program details and specializations Online Manipal offers MBA programs from both MAHE and MUJ, with MAHE having a variety designed for working professionals while MUJ’s program is broader in terms of coverage. Flexibility is key: These programs are designed in such a way that maximum flexibility is provided so that students can study at their own pace while balancing their other responsibilities. Accreditations: The programs are accredited by recognized bodies which means that you will get a valuable and recognized degree from here. The convenience of distance learning combined with high-quality education makes it impossible to beat Online Manipal as a great option among other platforms offering similar services especially when seeking enrollment into online MBA courses in Chennai. MBA in Chennai contents and areas of specializations Online MBA programs located in Chennai come with varying specializations that can help students shape their education towards what they want out of their career paths. Here is what is usually covered by these courses: Finance Marketing Human Resources Operations Management IT and Systems Course structure: Duration: Typically ranges from 18 months to 2 years Format: Comprising of core modules, electives, examinations and practical projects Skills Developed: Business acumen, leadership qualities, strategic thinking and analytical skills Chennai’s MBA syllabus aims at preparing students with the necessary skills and knowledge that will enable them to flourish in a dynamic business environment. The online nature of the studies makes progression easier for students hence can manage their study time according to their own timetable. Eligibility criteria and admission process MBA admissions in Chennai are usually straightforward, including those for online programs. Below, we will discuss the prerequisites and steps to follow if you are interested in enrolling for one of these MBA courses: Educational Background – Usually, a bachelor’s degree from any recognized institution is mandatory. Work Experience – To some extent especially for working professionals like those in MAHE’s MBA program requires relative job history. MBA admissions in Chennai process generally consists of: Application Submission: Students are required to fill out any online application form provided by the institution. Document Submission: This also involves giving documents such as educational transcripts and identity cards alongside other necessary documents. Entrance Exams: Few programs may need entrance test scores (e.g. CAT, MAT). Deadlines: Prioritise application process completion by setting timelines so that slots for study will not be lost among those who are unready students. It is important that candidates who desire to join top colleges that provide management training programs must be well informed when it comes to all MBA admissions in Chennai concerning applications including proposals. Fee structure and financial aid options When it comes to an online MBA, fees are one of the most important factors to consider. Below is a breakdown of how much people pay for their MBA fees in Chennai through Online Manipal: Average Charges – INR 1 lakh to INR 5 lakhs depending on the school as well as what a person intends to pursue in this field. Financial aid options: Scholarships: Institutions offer merit-based scholarships to students who perform well academically or are need-based. Payment Plans: Programs offer different ways that students can pay their fees so that they can continue learning. Education Loans: They can be good sources for these students who urgently require an extra hand of financial assistance. Students can easily manage their MBA fees in Chennai by receiving help from online Manipal concerning scholarships and installment plans including quality education as well as other financial aid options; About tuition for everyone’s sake, The poor in us all. Career prospects and opportunities Earning an MBA at a reputable institution in Chennai can be a big boost to your job prospects especially if you choose renowned platforms like Online Manipal. Here’s what all you can try out after an online MBA: Potential Roles: Management Consultant, Business Analyst, Marketing Manager, HR Specialist, Operations Manager, etc. Industries: IT, Finance, Manufacturing, Consulting, etc. Placement assistance: For instance, institutions such as Online Manipal help students secure top jobs by offering excellent placement support services through leveraging industry connections thereby they have maintained a placement ratio near 100 percent How to access the right online MBA program In order to pursue an online MBA in Chennai, it is crucial to understand the direct costs involved. Here’s what some top universities charge for MBA courses in Chennai: Average MBA fees in Chennai: INR 2 lakhs – 5 lakhs depending on the institution and program Financial aid options: Scholarships: Many institutions give scholarships based on need or merit. Payment Plans: These are flexible options that help make payments more manageable. Education Loans: Many students use loans to pay for an MBA degree. 3. Residence: Look at the areas of residence or accommodation offered by the institution before enrolling in its study programs. This, of course, won’t be a problem if you do an online MBA as you can just do an MBA from the comfort of your home. Wrapping it up Studying online MBA can help you gain advanced knowledge about business as one of the thriving sectors in society, more especially in Chennai. MBA admissions in Chennai’s most prestigious institutions can position you for rapid career growth even if you currently wish to change careers. Moreover, an online MBA offers several opportunities and specializations that allow students to take as many courses as they can to fit into their schedules – prioritizing learning while also juggling life commitments. Unlock opportunities with our top online degree programs Bachelor’s DegreeMaster’s DegreeBachelor of Computer Applications (BCA)Master of Business Administration (MBA)Bachelor of Business Administration (BBA)Master of Computer Applications (MCA)Bachelor of Arts (BA)MSc in Data Science (MSc-DS)Bachelor of Commerce (BCOM)- MUJMaster of Commerce (MCOM)Bachelor of Commerce (BCOM)- SMUMaster of Arts in English (MA)
Who are the instructors of PGCP Entrepreneurship & Innovation? According to the most recent data, 582 million people worldwide are classified as “entrepreneurs.” The entrepreneurial environment is always growing and changing, demonstrating the boundless potential within the human spirit to generate innovative concepts. Although it can be thrilling, becoming an entrepreneur can also be somewhat frightening. This is because it involves financial risk, failure, lack of experience and knowledge, pressure, and so on. Thus, to become a successful entrepreneur, it is necessary to understand and have complete theoretical and practical knowledge about entrepreneurship and innovation. This is where the PGCP in Entrepreneurship & Innovation comes into the picture. Before moving further, let’s first understand the basics of PGCP E&I in detail. What is PGCP in Entrepreneurship & Innovation? The Post Graduate Certificate Program in Entrepreneurship & Innovation (PGCP E&I) helps individuals enhance their knowledge and foster innovation in entrepreneurship. This program is especially for professionals looking to advance their careers or start their businesses. The benefits of this program include: Innovation skills: Equips individuals with the tools to drive and manage innovation within their organizations. Professional growth: Enhances career prospects by providing advanced knowledge and credentials in a competitive field. Real-world experience: Offers practical experience and connections that can be valuable in starting or growing a business. Here is the power of innovation in entrepreneurship. Who are the instructors of PGCP in Entrepreneurship & Innovation? Industry-experienced instructors are an important consideration when applying for a PGCP in Entrepreneurship and Innovation, as this brings much-needed exposure spanning into practice from theory. You can study the instructors to make sure the education will be rewarding and relevant. Manipal Academy of Higher Education (MAHE) instructors of the PGCP in Entrepreneurship & Innovation program are the best fit for you, armed with knowledge and tools that will help you strike gold in entrepreneurship and innovation. Dr Raghupathi Cavale – Founding Director of Manipal Centre for Innovation, Leadership and Entrepreneurship (MILES) In addition to advising the Global Environment Fund and serving on advisory boards for businesses in software performance management and geospatial technologies, Mr. Cavale is a mentor for FalconX. Before this, he managed business in the USA and oversaw digital transformation initiatives as a Senior Advisor at Infosys Ltd. Mr. Cavale has worked in the digital industry for 25 years. Harinarayan Sharma – CEO of Manipal Foundation and Sr. VP at MEMG International India Ltd. With 38 years of experience, Mr. Sharma has worked in corporate finance, investment banking, mergers and acquisitions, portfolio management, and business development. He oversees programs dedicated to women’s empowerment, education, healthcare, and skill development in rural areas. Mr. Sharma also mentors early-stage investments and serves on boards. Dr. Arvind Chinchure – Founder & CEO of QLeap Academy He is a CXO coach and innovation leader with 30 years of expertise in research and development (R&D), business development, entrepreneurship, start-ups, mergers and acquisitions, intellectual property, consultancy, and academia. With a clear vision and servant leadership style, he has developed innovative methods to address business difficulties and led initiatives to enter new and emerging industries successfully. Vinay Lal – Partner at Singhvi Dev & Unni LLP, Chartered Accountants Being a member of the Institute of Chartered Accountants of India (ICAI), Mr. Lal has over 20 years of experience specializing in the real estate sector. He is known for his expertise in business valuation, funding, strategic consulting, and risk management. He manages the diligence efforts and advising roles for family offices, venture capital firms, and private equity funds. Prior to this, Mr. Lal co-chaired the Bangalore Chamber of Industry and Commerce’s Infrastructure Industries Committee. Ali Akber – Senior Manager at Singhvi Dev & Unni LLP, Chartered Accountants Mr. Akber is also a member of the ICAI and a Certified Management Accountant. Having worked on numerous assurance and compliance engagements across a range of industrial areas, he has a wealth of expertise in conducting statutory audits and financial reviews. Furthermore, Mr. Akber helps finance professionals, aspiring business owners, and startup founders, offering his knowledge of accounting standards and compliance guidelines. Nirupama Vellore Ganapathy – Founder & Managing Director of Ad Astra Consultants Pvt Ltd. Ad Astra is among the largest women-owned recruiting solutions companies based in India. She co-founded three of the biggest HR and recruitment companies in India: Randstad, Aon Hewitt, and ADP. Nirupama Vellore Ganapathy is regarded as one of Silicon India’s top 25 women entrepreneurs. She advises enterprises on leadership coaching and coaches family businesses, especially those run by women. Geetha Krishan – Senior Advisor and Head of Digital Blended Learning and Urban Practitioners’ Programme With over 30 years of experience, Geetha Krishnan has held senior leadership positions at ISB and Tata Interactive Systems. He has overseen the Goldman Sachs 10,000 Women entrepreneurship initiative and is presently in charge of the Indian Institute for Human Settlements’ Digital Blended Learning Program. IIHS has introduced six online courses on Coursera and edX under his direction. Gopal Devanahalli – Group President – Strategy & Business Development at MEMG Gopal Devanahalli is a CEO and Independent Board Member with a strong background in digital transformation in the healthcare and education sectors. He has extensive experience in product development, global sourcing, client management, offshore outsourcing, business consulting, and strategic planning. With years of experience in B2C and B2B sales, Mr. Gopal has worked with top firms like Kotak Bank and Infosys. At the moment, he oversees Manipal Education & Medical Group’s strategy. Sidhartha Mehra – CFO & CHRO at Zolo Siddhartha Mehra is currently the CFO and CHRO at Zolostays, leading an 80-member team across finance, pricing, legal, compliance, HR, and supply chain management. He has experience in Jupiter Capital Private Limited, GE Capital India, Barclays Bank PLC, and GE Capital Solutions. He was named one of the Top 30 HR Leaders of 2024 and the CFO of the Year. Rachit Jain – Freelancer and Ex-head of Mid-Market and Growth Businesses at Meta Rachit Jain, a business professional with nearly two decades of experience, has led consultative sales teams, influenced board-level agendas, and led the Mid-Market and Growth business segment for Meta in India. Rachit worked at Google for more than ten years before joining Meta’s team. Nilambu Syam – Managing Partner, Tyche Advisors LLP Nilambu Syam is a finance professional with three decades of experience in asset management, investment banking, and fundraising. He co-founded Tyche Advisors LLP and has held positions as Managing Director at IDFC Investment Banking, Kotak Institutional Equities, and Prime Securities & Prime Broking. He has also worked as an engineer at Denso India. Karthik Vidyasagar – General Partner at Odele Karthik Vidyasagar is a Mechanical Engineer from IIT Madras. He worked at Berkshire Hathaway and Stanford University, leading major acquisitions. Throughout his ten-year tenure with Berkshire Hathaway, he was involved in the acquisitions of NetJets, Mid-American Energy, Fruit of the Loom, and The Pampered Chef. He then joined Ramoji Group as Group COO and CFO. Currently based in Hyderabad, he is an advisor and Principal of the Oceansgled Future Fund. Sanjeev Yamsani – Partner at VenturEast Sanjeev Yamsani leads investments at VenturEast, focusing on deep tech, product software, and B2B. He has led investments in companies like Infinite Uptime, Richcore, Revalyu, Kissht/Ring, IncNut, Portea, Ben Franklin, Zaggle, and Eyegear. He holds an MBA and B.Com and has experience in early-stage venture growth, private equity, and leveraged buyout transactions. Check out these tips for first-time entrepreneurs. How does the PGCP E&I program from MAHE help entrepreneurs? The PGCP E&I offered by MAHE is designed to support entrepreneurs through a variety of means. Here’s how: Opportunity to incubate at Manipal’s Tech & Bio Incubator platform Access to the MILES ecosystem, which includes the Apple Creative Studio, testing facilities, an Idea café, and 3D printers Assistance regarding government grants such as BIRAC-BIG, Prayaas & SSP, Nidhi EIR, and more Interact with actual case studies and work on real-world projects that reflect the opportunities and difficulties of entrepreneurship Find out the prospective learners of PGCP E&I program. Conclusion The faculty members of PGCP Entrepreneurship & Innovation consist of a mix of academics, seasoned business professionals, and specialists with real-world entrepreneurship and innovation expertise. Using the expertise and direction of such a diverse faculty, the program seeks to provide entrepreneurs with the abilities, information, and networks required for their endeavors to succeed. The teaching staff for PGCP Entrepreneurship & Innovation at MAHE bring a wealth of knowledge and expertise to the program, offering undeniable growth opportunities to students.
PGCP in Entrepreneurship & Innovation: Who is this course for? Self-employment is not merely a professional orientation but an engine for economic development, employment, and invention. The Global Entrepreneurship Monitor (GEM) classifies individuals as entrepreneurs if they actively engage in a new business and estimates that there are roughly 582 million entrepreneurs globally, which continues to increase. Small enterprises are veritably the lifeblood of any economy in the developed world. The unlimited access to information has allowed anyone to start, but there are far more competitors than ever before. This complex environment requires proper planning, creativity, and effective management, and that is why programs like the Post Graduate Certificate Program (PGCP) in Entrepreneurship & Innovation are so important. What is PGCP Entrepreneurship & Innovation? The Postgraduate Certificate Program in Entrepreneurship & Innovation (PGCP E&I) from Manipal Academy of Higher Education (MAHE) is a highly structured program that encompasses all the important aspects of a learner’s journey into entrepreneurship and innovation. Designed for early-stage entrepreneurs, budding start-up founders, owners willing to grow their businesses and those inheriting family businesses, this program is offered through live online classes, case studies, business simulations, and guidance from professionals. Let’s see the PGCP Entrepreneurship & Innovation course suitability and key features: Duration: The program takes one year of learning, aimed at professionals and students with fixed schedules and other commitments in real life. Mode of learning: Fully online, the program plans to have live synchronous lectures with personalized consultations that form an integrated and comprehensive package for the learners to obtain first-hand information from the industry. Curriculum focus: The course focuses on crucial aspects such as innovation management, business strategy, marketing, and management of financials and operations appropriate for new entrepreneurship. Access to the MILES ecosystem: The students get an added advantage to access the end-to-end entrepreneurial ecosystem at MILES (Manipal Centre for Innovation & Leadership and Entrepreneurship), including the Manipal Tech & Bio Incubator which would subsidize and guide the learners on the product build-up, commercialization, and funding possibilities. Get to know more about all details of the PGCP in Entrepreneurship & Innovation. PGCP Entrepreneurship & Innovation intended learners The PGCP E&I program is for a unique population of learners who are either starting small or new businesses or those who are expanding existing businesses. The following is the PGCP Entrepreneurship & Innovation target audience: 1. Students with entrepreneurial ambitions For the student eager to start the next micro-venture or revolutionize an industry, the PGCP E&I gives the best starting point. The program equips learners with knowledge of business formation, analysis, and planning, which enables one to transform an idea into an actual business venture. Skill development: It will enable the students to learn skills like market analysis, product development, and finance which are vital in the accomplishment of transforming ideas into viable business. Mentorship and networking: Working with experienced instructors and being close to like-minded people helps students gain the necessary knowledge and motivation. Practical experience: One important element of the program is using projects and simulations so that students can apply what they think of in a safe environment. Check out these tips for first-time entrepreneurs. 2. Budding entrepreneurs For those who have taken the initial steps in starting a business but want more information and skills, the PGCP E&I program is a complete package. This program targets things such as defining market opportunities, financing their businesses, and expanding their businesses – things that would prove quite challenging for young aspiring entrepreneurs. Strategic insight: These programs help identify current and emerging trends relevant to marketers, customer behavior patterns, and competitive strategies. Resource optimization: They teach the entrepreneur to implement digital marketing plans and manage finances better so that resources can be used wisely. Risk mitigation: The program educates aspiring business owners on how to handle risks to improve chances for success. 3. Early-stage start-up founders Establishing a start-up is an exciting yet complex process that requires the identification of opportunities and the development of new businesses. The major issues confronting the founding teams in the early-stage business are product development, market entry, and operational issues. By participating in the PGCP E&I program, those founding leaders are provided with sophisticated skills and techniques to help them avoid and overcome first-stage obstacles and ensure greater business development. Scaling expertise: Discover best practices for growing businesses and learn how to manage various aspects of operations effectively. Access to capital: Understand a range of funding types encompassing venture capital, angel investors and crowdfunding, as well as tips for engaging with and pitching to investors. Innovation management: Create an environment of innovation within your start-up, as this will ensure its operations benefit from new technologies and practices. 4. Family business successors It is well established that family businesses make up a large proportion of businesses both at a local and global level and contribute immensely to GDP and employment levels. But they also have disadvantages, including issues with succession, modernization, and complications in the family line. Hence, the PGCP E&I program assists all successors to prepare and take charge with confidence and shape a new future for their family business. Succession planning: An appreciation of the bearings of change management and sustenance of operations in line with the outcome of previous generations. Modern business practices: Find out how traditional family businesses can adopt and incorporate new strategies that are currently in trend such as digital marketing, e-commerce, analytics, and others. Conflict resolution: Acquire competency in dealing with family issues, squabbles, and dispute resolution, and in assembling people with shared objectives. How does the PGCP E&I Program from MAHE help entrepreneurs? MAHE’s PGCP E&I program has numerous advantages for those wishing to become successful entrepreneurs by gaining the necessary knowledge and tools: Comprehensive curriculum: It offers comprehensive training on entrepreneurship since it addresses the need for market research, the formulation of business strategies, the management of funds, and operations. Industry-expert faculty: Students observe the expertise of experienced professors and receive practical knowledge from industry insiders who enrich the coursework with practical points of view. Here are the details of PGCP E&I faculty. Hands-on learning: The structures used to achieve this include case and simulations, projects and ventures whereby learners are to work in real life to come up with solutions to be used in solving an actual problem presented in class. Mentorship and networking opportunities: Students can engage and interact with successful business owners and investors who not only offer their insights and support but also connect learners with relevant opportunities. Chance to incubate: The learners also get a chance to innovation centers, research accreditations, and business incubation facilities, which provide PGCP Entrepreneurship intended learners with the platform to implement novel concepts and technologies. Flexible learning format: The program is delivered online and makes it very convenient for working professionals since it does not interfere with other engagements. Entrepreneurial mindset development: The program grows the learners’ disposition toward an entrepreneur by letting them develop ideas, embrace reasonable risk, and look at challenges as opportunities that have solutions. Funding guidance: Learn about various funding possibilities, ranging from venture capital to angel investors and bootstrapping, and about proper approaches to pitching to investors. Business model validation: Understand how to check business models through the use of customers and the market to ensure that they satisfy customers. Strategic planning and execution: Learn about strategic planning and management, from establishing business objectives to designing plans for achieving desired outcomes and building organizational capacity for future development. Innovation and product development: Discover how to maintain and foster innovative ideas within your organization, from idea generation through to concept development and commercialisation. Soft skills enhancement: It also aims at developing soft skills and professional competencies like leadership, communication, negotiation and team management which are so significantly important for entrepreneurial careers. Check out to know how Online Manipal fuel your entrepreneurial dreams. Conclusion The PGCP in Entrepreneurship & Innovation from MAHE is not just a program but a journey that is aimed at helping individuals with the necessary skills, knowledge, and attitudes that are key to success in the current business environment. If you are a student looking to start your own business, a young aspiring entrepreneur, an early-stage startup or even a family business, this program is perfect for you. Through a combination of theoretical knowledge and practical engagement of the academic plan, the PGCP E&I program enables you to respond to the challenges of entering into entrepreneurship and give life to your ideas.
How to get into data science after mechanical engineering? Data science is one of the most important and talked-about fields today. Many professionals from different fields of study, including engineers, are looking to learn data science. As big data and advanced analytics become increasingly popular and utilized in today’s world, there is a great demand for professionals who can analyze large data sets, find patterns, and solve various business problems. Data science can be defined briefly as the use of statistics, data analysis, and machine learning. A major part of data science is based on statistics, which offers the tools needed to gather, organize, analyze, and interpret numbers. Data analysis is concerned with processing raw data to gain meaningful information. At the same time, machine learning involves algorithms that enable a system to learn from data and subsequently improve its operation without having to be programmed. Mechanical engineers who design, analyze and manufacture physical systems know analytical skills, problem-solving skills, and a strong mathematical background, all of which can be easily migrated into the data science field. However, changing the workflow to follow a career in data science means gaining certain new abilities and knowledge. In this blog, we will look at different ways of transitioning from mechanical engineering to a data science career path. How do data science courses help mechanical engineers in making a career switch? The following section describes the steps for entering data science with a mechanical background. Understand the basics of data science The process of becoming a data scientist for mechanical engineers begins with getting an overview of the field. Introductory courses in data science can equip students with data structures, statistical analysis, probability, and data manipulation tools. It assists engineers in gaining initial insights into the key aspects of data science, enabling them to understand how data can be utilized to drive decisions across diverse fields such as production, procurement, and product design. Data science courses may also include practical problems, real-life cases, and scenarios that an engineer can easily relate to, unlike computer-related problems that are complex and require computer engineers to solve using new algorithms. Acquire programming skills Programming is essential in data science, and mechanical engineers need to develop proficiency in languages like Python and R, which are widely used for data analysis, machine learning, and statistical modeling. Python, in particular, is favored for its simplicity, readability, and robust libraries, such as Pandas, NumPy, Scikit-learn, and TensorFlow, which support data manipulation, machine learning, and deep learning tasks. Courses designed for beginners often start with the basics of programming, gradually introducing more complex concepts and applications relevant to data science. This learning process allows mechanical engineers to build confidence in their coding skills and apply them to data-centric problems, bridging the gap between theoretical knowledge and practical application. Gain knowledge in data analysis and machine learning Mechanical engineers often rely on mathematical models, simulations, and optimizations to find solutions to complex problems. Data science courses expose engineers to a new world of data analysis and machine learning, where similar analytical skills are used to find patterns, forecast results, and make smart decisions. Data analysis courses provide engineers with knowledge of data cleaning and preprocessing, along with graphical tools that help them discern patterns and make relevant conclusions. Supervised and unsupervised learning, neural networks, and deep learning form the basis of machine learning courses, which help engineers understand predictive modeling and automation. Work on projects The data science curriculum is diverse and contains practical exercises, case studies, and final projects that enable students to use data science concepts in real life. Some core examples include working on data science projects like predictive maintenance, quality control optimization, and energy consumption forecasting. These kinds of projects serve as evidence that students have understood how to use data science concepts in real-world business scenarios. Take specialized courses After mastering the basics of data science, mechanical engineers can benefit significantly from taking specialized courses in one or two specific areas, such as machine learning, data visualization, or predictive analytics. These specialized courses help deepen the understanding of selected topics, allowing engineers to gain expertise in areas that align with their career goals. By focusing on advanced subjects, such as neural networks or time-series analysis, engineers can develop niche skills that set them apart in the job market and enhance their ability to solve industry-specific problems using data science techniques. Network with professionals Networking is fundamental when changing careers or looking for an upgrade in your existing career. Networking offers students a chance to interact with established data scientists, tutors, and fellow learners who can recommend, teach, or recommend leads for jobs. To this end, actively participating in offline and online forums, webinars, and data science meetups or hackathons can contribute to building an engineer’s extensive professional network. Being in touch with your network can keep you updated on the latest market news, tools, strategies, job openings, and best practices to adopt for a career switch to data science. You can also choose to collaborate with these individuals on data science projects and ask for feedback on your projects. Tailor your resume and apply for jobs The following are tips on how mechanical engineers with an interest in data science should draft their resumes and apply for jobs: Most data science courses have a career support component that assists learners in writing their CVs, learning interviewing techniques, and securing internships or full-time jobs. Highlight data science skills for mechanical engineers that you have learned, such as programming, data analysis, and machine learning. Emphasize hands-on project experience and showcase your ability to solve data-driven problems, particularly those that align with the industries you’re targeting. Connect with professionals on LinkedIn, attend industry meetups, and join data science forums. Use job portals like LinkedIn, Glassdoor, and specialized data science platforms to find openings that match your skills and interests, and consider reaching out directly to recruiters for a personalized approach. Also read: Types of resumes for data science aspirants Prioritize continuous learning Data science is an emerging discipline; therefore, it is crucial to keep learning even after you have completed your courses—to update your information and knowledge. Mechanical engineers must familiarize themselves with data science, AI, and related technologies by enrolling in more advanced courses, attending workshops, or obtaining certifications in their data science career path. Online course platforms are known to revise their curricula periodically to incorporate industry changes, meaning that engineers can easily update their knowledge and stand out from potential competitors by continuously learning. Also read: Essential data science interview tips: Master your next job interview Can mechanical engineers get into data science careers? Data science presents mechanical engineers with an exciting opportunity to switch or enhance their careers. Mechanical engineers already have a strong analytical background and strong skills in mathematics and problem-solving. On top of that, data science courses qualify them to decipher data patterns and outcomes and how to use data in businesses. Some organizations appreciate the combination of skills that engineers who study data science bring. Many organizations in the manufacturing, power, automobile, and aerospace industries prefer mechanical engineers who have knowledge of both the sciences. Thus, data science is a great field for mechanical engineers to enter. Make a seamless transition into data science with online courses from MAHE! The MSc in Data Science (MSc-DS) offered by Manipal Academy of Higher Education (MAHE) is for professionals who plan on making a career in data science. By combining machine learning, big data analytics, statistics, and visualizations, the program aims to equip learners for analytical and leadership positions in multiple industries. It aims to improve students’ understanding of machine learning applications, predictive modeling, and data-related problems and solutions to prepare them for a fruitful career. MAHE’s online courses offer a flexible learning environment tailored for working professionals, allowing mechanical engineers to upskill without disrupting their current careers. With access to experienced faculty, hands-on projects, and a focus on real-world applications, these courses provide a comprehensive learning experience that equip learners with the skills needed to thrive in the competitive data science field. You may like to know more about the importance of MSc Data Science in the AI era. Conclusion Changing your career path from mechanical engineering to data science is a wise decision that yields many prospects in the current data-driven world. Undergraduate and postgraduate data science courses complement engineering skills and help engineers transition to successful data science careers. Through constant learning, working on projects, and networking with people in this field, mechanical engineers can smoothly transition and excel in data science careers. Also read: Choosing the right data science program for your career: Tips and strategies
Startup vs corporate: What’s best for your career? The work environment you choose plays a crucial role in determining your career growth, satisfaction, and well-being. Knowing the dynamics of various workplaces can be advantageous when you’re fresh out of school or contemplating a career move. Whether you’re eyeing the fast-paced energy of a startup or the structured environment of a corporate job, each option comes with its set of pros and cons. In this blog, we will break down the key aspects of both work environments to help you decide upon the best path for your career. Understanding the startup environment The startup environment is competitive and can be described as fast-growing and full of energy. They are often newly established ventures that seek to provide innovative solutions. The work culture in startups tends to be relaxed and employees are likely to work as a team more often motivated by their passion towards the company. Employees are expected to be flexible, come up with innovative ideas, and collaborate with founders or senior management of the company. Flexibility is one of the most critical aspects of startups. It helps employees work on various assignments, learn more, and develop their careers. Advantages of having a job in a startup Learning opportunities: Startups offer fresh graduates the best chance of gaining practical experience in multiple sectors. Individuals can be trained within a short period and can try out different positions to advance in their careers much faster than the conventional corporate world will allow. Direct impact: The opportunity to work in a startup is beneficial because one can observe the results of the work done. Individuals receive more attention and sometimes can directly contribute to decision-making. Innovation and creativity: Startups foster creativity. There is less rigidity in out-of-the-box approaches. There is potential to suggest solutions, implement changes, and be an active participant in the company’s development. Flat hierarchy and access to leadership: Due to their small size and low number of employees, startups tend to have less formal structures, especially in terms of organizational layers. Hence, you are likely to report to and even collaborate with founders and/or other members of top management. Such access offers useful information on the business, an aspect that is important in formulating a strategic plan. Challenges of having a job in a startup Job security: There is usually a high risk associated with entering startups, as most fail to make it past their early years. Due to the possibility of employees being laid off, the business shifting its focus, or even closing down, job security may be considered a challenge. Work-life balance: It can be said that startup work is truly time-consuming and stressful as it typically requires employees to let their work-life permeate their daily lives. Limited resources and benefits: Companies in this stage may still be of small size and may not be able to offer good salaries, benefits, and other incentives as opposed to larger, more established companies. Ambiguity and uncertainty: The absence of set procedures can create a lot of confusion in the workplace. Hiring managers depend on the ability of their employees to perform well in uncertain environments. High expectations: Since all employees are valuable to startups, the performance standards are usually set high to achieve optimum organizational growth. Understanding the corporate environment The corporate world is a structured environment that is governed by guidelines and rules, which clear a path an employee will implement. Within a given department, different people take on different roles with responsibilities that are apparent. This evokes efficiency and frequency of operations. Another characteristic feature of the corporate setting is stability. Corporations normally have long-established streams of revenues, standing clients, and even various forms of support structures to further ensure job security. Health insurance, retirement plans, and paid leave are among the many fringe benefits that make employees feel that their jobs in a corporate establishment are truly stable. Advantages of a corporate job Job stability and security: Corporations have a much more stable environment with predictable job security than compared to startups, a fixed salary and other benefits. Career development and training: Organizations invest in many forms, such as employee training and mentorship programs, and define a clear career path that an individual is likely to follow within the company. Work-life balance: Corporations’ employers provide set working schedules, paid vacations, and other measures that help employees balance their family and career responsibilities. Access to resources: Businesses are in a better position to fund their employees and provide state-of-the-art equipment and technological enhancements. Networking opportunities: Working for a corporate entity allows you to organize a large professional contact base with co-workers, clients, and members of the supply chain. Challenges of having a corporate job Hierarchy and bureaucracy: Decision-making often takes a long time due to the hierarchy and numerous formalities involved. This can be cumbersome to those who expect to work independently and get quick results. Less direct impact: Those working within large corporations may not feel as much individual responsibility as there is always a larger chain of contributing factors in a large corporation. Risk of stagnation: Organizational careers may be unchallenging, monotonous or even lack the vitality of a startup in ways that can stifle creativity. Office politics: One of the primary concerns working for any company is usually office politics and internal rivalry that might interfere with an employee’s contentment or opportunity for advancement. Startup vs corporate: Key factors to consider When choosing between a startup and a corporate job, consider the following factors: Career goals: Startups are great for those who want to learn a lot in a very short time and are willing to be exposed to a lot of risks. However, corporates are great for those who seek job security and clear paths in the organization. Work culture: Next, startups are known to embrace a flat structure and a more friendly working environment compared to corporations, which are associated with bureaucracy. Risk tolerance: If you do not have problems with instability and volatility, you might consider a startup. If you are more comfortable with structure and routine, a corporate job is best. Growth opportunities: Startups represent faster yet higher levels of risk, while corporates present well-planned, professional growth with training and guidance. Work-life balance: Corporates usually have designated working hours, like 9 to 5, whereas startups may require more time and commitment. Startup vs corporate: Which is best for the best career? It is impossible to give one answer to this question, as it depends on personal preferences, what kind of job you would like to have in the future, and how much risk you are willing to take. Startups are suitable for people who excel in innovation and are ready to take risks, as it is adapted for those who work in startups. On the other hand, if you believe in stability, quantified growth, and a clear career ladder, a corporate job is for you. Overall, the decision should be based on one’s career plan and current or future lifestyle preferences. How do MAHE’s online programs help you have a bright career? The Manipal Academy of Higher Education (MAHE) offers various online programs to aid your career progression, including: Postgraduate Certificate Program in Entrepreneurship & Innovation (PGCP-E&I) To ensure that this program offers learners a tailored journey into entrepreneurship, the online Postgraduate Certificate Program in Entrepreneurship & Innovation (PGCP-E&I) is intended for individuals who are looking for a startup opportunity, young startup founders, existing business owners seeking growth, and heirs to family businesses. It comprises live, virtual and synchronized classes, business case studies, and practical consulting with experienced professionals. MBA The MBA program offered online by Manipal Academy of Higher Education (MAHE) is designed to help you develop the skills to become a leader in the current fiercely competitive global business environment. Ten career-driven online MBA elective specializations are available to create successful learners’ careers in the domain and industry of their choice, including Human Resource Management (HRM), Finance, Marketing, Operations, Data Science, and Healthcare Management. Conclusion Choosing between a startup or corporate for career development is a decision that is dictated by the direction an individual wants to take. Thus, depending on the further career path, it is essential to choose the most suitable environment as each of them has its advantages and disadvantages. Even if you choose the world of startups with their reckless rhythm or giant corporations with their strict order, the choice of the right education and skills may become a decisive factor. Online programs like the MBA and PGCP-E&I offered by MAHE give you the necessary skills for both careers, enabling informed career decisions and success.
Guide for healthcare professionals to balance an MBA and a career Many aspiring healthcare professionals pursue an MBA in healthcare to expand their knowledge and qualifications. According to the US Bureau of Labor Statistics, by 2033, the healthcare management industry will have grown by at least 29%. Healthcare MBA programs can provide future leaders with the business and industry knowledge they need to bring about essential growth. Similar to a standard MBA, an MBA for healthcare professionals may raise their earnings by giving them the in-depth understanding and advanced skills needed to take on management positions in healthcare. Before discussing why healthcare professionals should pursue an MBA, we will learn the challenges of balancing an MBA and a healthcare career and how to go about it. The difficulties of balancing a career in healthcare with an MBA For healthcare workers, an MBA is a powerful tool that unites medical expertise with advanced business knowledge, enabling you to take on challenging tasks and grab new opportunities in a sector that is changing quickly. Balancing an MBA and a healthcare career comes with certain challenges, which we will be discussing below: Time management As a healthcare professional, managing both your career and pursuing an MBA can be a daunting task. You need to work according to both schedules as you need to find the time for classes, assignments, and patient care. Work-life balance The intense nature of a career and education can lead to difficulties in maintaining a healthy work-life balance. Extended work hours combined with the demanding requirements of MBA programs can put a burden on interpersonal relationships and self-care. Mental and physical fatigue A career in healthcare and an MBA program will add mental and physical pressure on professionals. This makes it challenging for healthcare professionals to manage their physical and mental exhaustion. The stress from high-stakes medical responsibilities and academic deadlines may lead to burnout, depression, anxiety, and more. Different academic and professional demands MBA programs frequently include a lot of assignments and tests in addition to intensive training. Healthcare workers need to find effective ways to fit study time into their already full schedules. A professional’s ability to fulfil their academic obligations is restricted as clinical work and patient care demand immediate and complete focus. Affects patient care The dual commitment to an MBA and a healthcare career can indeed raise concerns about the potential impact on patient care and professional performance. Allocating significant time to academic responsibilities may limit the time available for direct patient care. You may like to know about the intended learners of MBA in healthcare. Tips to manage MBA and a healthcare career Balancing an MBA and a healthcare career comes with certain challenges. However, with careful planning and proactive management, you can minimize the potential impact on patient care and maintain high standards in both areas. These are some tips to manage both effectively: Assess your current schedule Develop a detailed schedule that allocates specific slots for academic work, clinical duties, and personal time. Document all your daily, weekly, and monthly commitments, including work shifts, MBA classes, study sessions, meetings, and personal activities. This helps ensure that patient care remains a top priority while balancing academic commitments and leads to improved performance and reduced stress. Set clear goals and priorities Setting clear goals and priorities is crucial for managing an MBA program and a healthcare career effectively. To do this, you need to determine your current goal, the reason for pursuing an MBA, and more. Set smaller, achievable goals and identify a specific skill set you need to develop. Sort your goals into priority and urgency categories using the Eisenhower Matrix or a similar tool. Prioritize and allot time for the things that are both urgent and significant. Select the best MBA program Choosing the right MBA program is crucial. You can select from various options: Full-time MBA: This takes two years to complete and can be done offline or online. You need to completely dedicate yourself to the program with no professional obligations. Executive MBA: It is designed specifically for working professionals and is usually offered in flexible or weekend formats. Hybrid MBA: The program combines elements of both in-person and online learning, offering a flexible approach for busy professionals. Leverage employer support Many companies have policies to support employees’ further education. Engage in open discussions about your MBA plans, highlighting their alignment with career goals and potential benefits to the organization. If feasible, try to get a flexible work schedule or remote employment. Develop a study plan List all your work obligations, including shifts, meetings, and patient care duties. Also, note your MBA course requirements, such as lectures, assignments, and exams. Determine the amount of free time you have each week after accounting for work and personal commitments. Establish clear objectives and set out certain time slots for assignments, classes, and responsibilities. Utilize technology and resources The best way to balance an MBA and a healthcare career is to use technology and available resources. Use apps like Google Calendar or other apps to schedule your work, assignments, and other duties. Also, access academic journals and research papers online or take advantage of e-books or audiobooks available online. Make digital notes by using apps like Microsoft OneNote and engage with online forums to get guidance and mentorship. Seek support from family and friends Friends and family are our biggest assets who are always with us through thick and thin. Before starting your MBA journey, seek support from your family or friends. Clearly outline what kind of support you need, whether it’s help with household responsibilities, childcare, emotional encouragement, or understanding when you’re unavailable. Practice self-care and stress management In this daily struggle to balance an MBA and a healthcare career, don’t forget to practice self-care and stress management. Prioritize getting 7-9 hours of quality sleep each night, exercise regularly, and eat a balanced diet. Set aside time for leisure, hobbies, and social interactions. Use weekends to catch up on personal interests and spend quality time with loved ones. Why should healthcare professionals pursue an MBA? Here are several compelling reasons why an MBA is well-suited for healthcare professionals: It equips healthcare professionals with advanced leadership skills, preparing them for executive roles like administrators, department heads, or health system executives. Understanding business principles aids healthcare professionals in managing healthcare system complexities, adapting to market changes, and driving innovation within their organizations. Professionals learn to streamline operations, implement process improvements, and enhance efficiency. These programs provide excellent chances for healthcare networking, which can result in new partnerships, employment, and career progression. Which MBA program is best suited for people who work in the medical field? Selecting the appropriate MBA specialization can greatly impact professional development. Two well-liked specializations for those working in the healthcare industry are: MBA in Healthcare Management Individuals who complete the MBA in Healthcare Management program will have the skills and knowledge needed to successfully lead and manage healthcare companies. This specialization covers the operational, financial, and strategic facets of healthcare management. It focuses on general management techniques specific to the healthcare sector, enabling individuals to take on a variety of leadership positions. MBA in Pharmaceutical Management The MBA in Pharmaceutical Management program focuses on the particular difficulties and opportunities faced by the pharmaceutical industry, such as marketing and medication development, regulatory compliance, and medication research. Analyzing the economic aspects of the pharmaceutical industry, including pricing strategies, reimbursement, and healthcare policy impact. It also offers specific knowledge and abilities pertinent to the pharmaceutical industry, which makes it perfect for people hoping to progress in this field. Conclusion Many career options in General Management, Finance, HR, Marketing, Drug Development, Insurance, MedTech, and Clinical Settings are accessible with an MBA in Healthcare Management. However, an MBA for healthcare professionals comes with certain challenges, which we have already discussed. Thus, the tips provided above help balance an MBA and healthcare career to guide you towards a successful profession.
Important tips for first-time entrepreneurs Entrepreneurship is on the rise, with nearly 305 million start-ups being launched annually worldwide. However, the harsh reality is that about 90% of these start-ups fail, and over 20% don’t survive their first year. When coming across these numbers, the prospect of starting a business and succeeding in it might sound challenging. Still, you should remember that you can build a successful business with the right approach. Succeeding in the entrepreneurial environment means more than just coming up with a good idea; it takes determination, flexibility, and knowledge of the business world. In this blog, we will offer new business tips and explain how a structured program like PGCP in Entrepreneurship & Innovation can help you advance your fresh business. We will also delve into entrepreneur advice for beginners. Tips for first-time entrepreneurs Self-employment is a difficult and risky venture for many, and it is even more complicated for individuals venturing into it for the first time with no experience. However, with the appropriate strategies for the entire path and the right attitude, you can succeed in your venture. Here are a few success tips for new entrepreneurs: Start with a clear vision and mission: Your business needs a ‘why’ to explain to your investors, partners, employees, and yourself. Draft a vision and mission statement that defines what your start-up will do. All your decisions should center around this purpose, and your purpose should guide you to keep doing better. Conduct thorough market research: A great approach would be to conduct studies regarding your niche market, competitors, and current trends. This will assist you in finding suitable market needs, establishing the feasibility of your business model, and ensuring you market your product or service correctly. Build a solid business plan: Business planning is one of the most important tools in any business, as it will act as a guide toward achieving your intended goal. The plan should cover your venture’s strategy, expected revenues, plans on how you will market the venture, and, most importantly, how the business will generate income and become profitable. The plan is important when investors and other stakeholders are considering the value of funding your business. Focus on customer needs: Remember that customers are the foundation of your company and will help it succeed. Know your target customers, learn what they are going through, and ensure you address their needs. Feedback from customers can be useful in defining directions for product development. Prioritize cash flow management: Working capital is the ‘blood’ of any business. So, make sure you track the money spent, the money received, and the investment required at different stages in your business. Cash flow mismanagement is one of the key causes of many start-up business failures. As a first-time entrepreneur, you can use QuickBooks or Wave for efficiently managing your finances. Network relentlessly: Connecting with people who have knowledge in the field or have experience in the industry, investors, and potential partners can lead you to certain opportunities you may otherwise not come across. Attend professional conferences, join co-workplaces, and use social networks for building business relationships. Be adaptable and open to change: In the initial stages, everything is rather fluid and could be more conducive to planning things down to the slightest detail. So, be prepared to face challenges as they come and keep an open mind about minor and major changes required in your business. For example, if a certain customer segment does not understand or appropriately respond to your marketing approach, you may need to configure it to expand your reach. This flexibility and openness to change can help you adapt your offerings to the market’s demand. Invest in marketing early on: Even if you have the best product out in the market, it will not sell on its own. Therefore, outline an advertising campaign that incorporates web advertising, social networking, and content promotion to increase brand recognition and customer acquisition. Focus on building a strong team: Your team will be one of your most valuable resources. Recruit talented individuals who possess the same values as your business, different skills that you lack, and drive to make your establishment successful. Promote a positive work environment that will support radical changes and teamwork. Remember, having the right people on board can define the success of any start-up. Embrace technology and innovation: Use technology to enhance your functionalities, meet clients’ needs, and expand your company. Automation tools, data analytics, productivity software, people management systems, and AI for repetitive tasks can make processes easier, enable remote working, and enhance business efficiency. Slack, for example, can be used for communication, while Trello can be used to manage tasks and projects to increase productivity. Stay resilient and learn from failures: The life of an entrepreneur is characterized by many ups and downs. Success is not an easy accomplishment, and there are many failures in the process. Do not quit if you fail; instead, draw lessons from your failure and work harder to succeed. If many failures have shaken your confidence, turn to your support system – friends, mentors, family, or business partners – for advice. You would like to read more about the power of innovation in entrepreneurship Common mistakes to avoid as a first-time entrepreneur Every beginning is accompanied by certain risks, especially when it comes to creating a new business. Inexperienced business owners tend to make costly errors that threaten the viability of their business. Now that we have covered tips for first-time entrepreneurs, let’s explore certain mistakes an entrepreneur should be aware of to scale up the chances of success. Failure to identify market demand: Business ideas strike many minds, but not all products or services are useful to customers. If you want to enjoy the benefits of a start-up launch, make sure there is demand for what you intend to offer. Ensure that your idea is realistic by engaging with customers and adapting your offering to what they say. Poor financial management: Financial mismanagement is another critical failure point. Start-ups often fail because they run out of cash. To avoid this, keep a close eye on your finances, create realistic financial projections, and manage your cash flow diligently. Utilize financial tools and software to track your expenses and revenues accurately. Lack of a talented team: Building an effective team is an important factor to consider when building a start-up. The lack of properly qualified employees hinders operations and results in decreased efficiency. Therefore, you should spend time and utilize useful channels and methods to source competent employees who share your vision and have something valuable and unique to offer to your start-up’s growth. Before reading further, you may like to know how Online Manipal can fuel your entrepreneurial dreams. How a PGCP in Entrepreneurship & Innovation will help entrepreneurs The comprehensive Postgraduate Certificate Program in Entrepreneurship & Innovation (PGCP-E&I) by Manipal Academy of Higher Education (MAHE) teaches budding entrepreneurs about the tools and strategies required to succeed in today’s business environment. Some of the areas taught in the program include identifying business ideas, business modeling, financial management, marketing techniques, and leadership skills. It gives you a complete perspective of the entrepreneurship path. Some benefits of studying MAHE’s PGCP E&I include: Comprehensive Curriculum: Covers all key aspects of the entrepreneurial journey tailored for aspiring entrepreneurs, early-stage start-up founders, and family business successors. Expert Mentorship: Access to mentorship from industry experts provides practical business insights and real-world advice. Integrated Start-up Ecosystem: Gives exclusive access to MILES (Manipal Centre for Innovation Leadership and Entrepreneurship) and incubator platforms at MAHE. Hands-on Learning: Engages learners through live synchronous classes, case studies, and practical business insights. Strategic Guidance: Provides guidance on product development, go-to-market strategy, and preparation of pitch documentation. Read here to get to know about all details of online PGCP in E&I program Will pursuing a course be a game-changer for the entrepreneur journey? Although there is no sure way of increasing your chances of success in entrepreneurship, studying a structured program like the PGCP-E&I can do wonders for your entrepreneurial skills. A great benefit of the program is that there is an organized path set out within the program that can take you through the required steps faster than learning everything on your own. There is an opportunity to gain access to resources, get paired with a mentor, or connect to a network that would otherwise not be easily accessible. Moreover, pursuing a course from an internationally recognized institute ensures your business will attract investors, partners, and customers. Conclusion Deciding to become an entrepreneur might involve big risks, second-guessing, and many other hurdles, but over time, the journey can become worth it. First-time entrepreneurs can reduce risks and enhance their performance through correct approaches, attitudes, and education. For apt education, you can turn to the Post Graduate Certificate Program in Entrepreneurship & Innovation by Manipal Academy of Higher Education, which offers the necessary tools, information, and assistance in the field of entrepreneurship. This program is an investment that can redefine the prospects of your business and turn your start-up vision into a reality.
