Evolving landscape of retail marketing: Strategies for success in the digital age Retail marketing has undergone a dramatic transformation in recent years, fueled by technological advancements, shifting consumer expectations, and the rise of e-commerce. The COVID-19 pandemic accelerated this shift in retail industry, pushing retailers to adapt to a “new normal” where online shopping, personalized experiences, and omnichannel strategies reign supreme. To thrive in this dynamic environment, retailers must remain agile and embrace innovative approaches that cater to today’s hyper-connected, informed, and convenience-driven consumers. Asif Ali, an expert on marketing strategies, explains the changing nature of retail marketing. Key trends shaping retail marketing Let’s explore key trends that transform retail marketing in this new age. The rise of omnichannel retailing: Gone are the days of siloed shopping experiences. Today’s consumers interact with brands across various touchpoints, including websites, mobile apps, social media, and physical stores. A recent study by IDC (2023) revealed that nearly 75% of global retailers have integrated omnichannel strategies, allowing them to deliver seamless experiences across all channels (Battaini et al., 2023). This unified approach fosters deeper customer engagement, ensures consistency whether shopping online or in-store and leverages valuable customer data gathered from multiple sources. You may like to know more about 4As of marketing method The impact of e-commerce and social commerce: The surge in e-commerce popularity has significantly reshaped retail marketing strategies. With online shopping becoming the preferred method for many, global e-commerce sales are projected to reach a staggering $6.5 trillion by 2023 (Statista, 2023). This shift has spurred retailers to invest heavily in digital marketing efforts, including SEO, PPC campaigns, and content marketing, to attract and retain online customers. Social commerce has also gained significant traction, with platforms like Instagram, Facebook, and TikTok becoming shopping hubs. Here, consumers can browse products, interact with brands, and purchase directly through “shoppable posts”, influencer marketing, and user-generated content, creating a more interactive and engaging experience (Donnelly, 2023). Personalization and AI-driven marketing: The future of retail marketing is undoubtedly intertwined with the rise of artificial intelligence (AI) and machine learning. These powerful technologies enable retailers to glean deeper insights from customer data, uncovering shopping behaviors, preferences, and emerging trends. AI-powered tools facilitate personalized experiences, from targeted product recommendations to customized promotions. A 2022 McKinsey study found that AI-driven personalization can significantly increase customer engagement and conversion rates (Gulati et al., 2022). Additionally, AI streamlines marketing tasks like automated email campaigns and chatbots, allowing retailers to offer real-time support and personalized product suggestions in a more efficient and personalized manner, ultimately leading to higher customer satisfaction and loyalty. Get to know more about subscription economy and its implications in businesses. Sustainability and ethical marketing: Consumers are increasingly conscious of the environmental and social impact of their purchases. This has led to a growing demand for sustainable and ethical marketing practices. To meet this demand, retailers are incorporating eco-friendly products, reducing packaging waste, and actively promoting supply chain transparency. A 2023 Deloitte report found that 55% of consumers favour brands committed to sustainability, and 32% are willing to pay a premium for environmentally conscious products (Deloitte, 2023). By integrating sustainability into their marketing efforts, brands not only resonate with environmentally conscious consumers but also contribute to their long-term profitability by aligning with societal values. Ethical marketing, characterised by transparency, social responsibility, and fair labour practices, is another powerful tool for building brand loyalty and trust. Check out the 7ps of marketing mix and how this concept revolutionizes the marketing domain. The road ahead in retail marketing As the retail marketing landscape continues to evolve, retailers must be forward-thinking and adaptive to new trends and technologies. Embracing omnichannel strategies, the rise of e-commerce and social commerce, AI-powered personalization, and a focus on sustainability are all crucial for success and improve customer experience in retail industry. By adapting to these changes and investing in innovative marketing approaches, retailers will be well-positioned to thrive in this ever-evolving environment. Conclusion For those aspiring to enter the dynamic world of retail marketing and management, now is the perfect time to pursue relevant academic programs such as online MBA in Marketing. These programs provide the necessary knowledge and skills to navigate the complexities of the retail industry and gain a competitive edge in this fast-paced, digitally driven world. References Battaini, F., Urso, O., & Poggi, S. (2023). Status of Omni-Channel Commerce in 2023: Key Findings from IDC Retail Insights’ Global Retail Survey. IDC. https://www.idc.com/getdoc.jsp?containerId=US49727423 Deloitte. (2023). Sustainability and the future of retail: The changing consumer preferences. Deloitte Insights. Retrieved from https://www.deloitte.com/global/en/Industries/consumer/perspectives/navigating-future-retail-sustainable-revolution.html Donnelly, P. (2023). The rise of social commerce: How retail is evolving. MyTotalRetail. Retrieved from https://www.mytotalretail.com/ Gulati, R., Nohria, N., & Wohlgezogen, F. (2022). AI-driven personalisation: The next big thing in retail. McKinsey & Company. Retrieved from https://www.mckinsey.com/featured-insights/lifting-europes-ambition/videos-and-podcasts/how-generative-ai-can-drive-the-personalization-of-products-and-services Statista. (2023). Global e-commerce growth statistics: Projected trends and analysis. Retrieved from https://www.statista.com/
How will Artificial Intelligence change MBA jobs? The rapid ascent of AI is apparent in industries all over the world, leading them to completely change how they conduct their business operations. The consequence of this transformation is also felt in MBA graduates, whose career paths are being redesigned with new pathways opening up while the traditional ones close. An understanding of the impact of AI on jobs especially in management would be necessary before taking up an MBA course in artificial intelligence or thinking about pursuing it. This article discusses how AI will affect jobs in the MBA field, including how different programs such as those provided at Online Manipal have changed so as to fit into an AI-based economy. How has AI affected the job market for MBA graduates? Historically, people graduating with an MBA have always been blessed when it comes to job opportunities available within the economy including finance, marketing, consulting, operations and human resource departments. They are good at strategic decision-making, management and problem-solving roles. Recently though, AI technologies have started infiltrating these roles making it imperative for an individual practicing to understand what AI is all about and gauge if an MBA in AI and ML is worth it. Impact of AI on traditional MBA roles Artificial intelligence in MBA is slowly but steadily making its way into every sphere of specialization ranging from financial services to marketing. Graduates from MBA programs now find themselves in an environment where machine learning (ML) and artificially intelligent algorithms have become important tools in arriving at decisions as well as improving productivity levels. Finance: AI-driven algorithms along with data analytics tools have taken over finance by automating tasks such as risk assessment, financial forecasting and forming investment strategies that were once humanly impossible. In order to make better decisions today, an individual must know how AI works in finance. Marketing: AI has revolutionized marketing through more effective consumer data analyses, personalization of advertising strategies, and automatization of customer engagement processes. For MBA graduates who want specialization in marketing, it is very crucial to understand how digital analytics with AI is done. Operations: AI-enabled smarter supply chains, preventive maintenance and process automation among others are some of the effects on operations due to the introduction of AI. Consulting: Business Intelligence (BI) and Artificial Intelligence in MBA have empowered consultants leading to more accurate insight generation from vast datasets. For any MBA seeking consultancy posts, AI technologies should be its main concern for sound business strategy formulation and resolution of problems. Human Resources: AI in MBA is revolutionizing HR by streamlining recruitment, talent development, management processes as well as performance evaluations. Human resources managers from MBA programs should also have an idea about AI applications in talent management and organizational development. You may like to know more about impact of AI in data science careers. Shift to data-driven decision making Businesses have to resort to being more data-driven and have thrown away the old conventional business-oriented ways which are no longer working at all because of an increase in AI use within the company’s operations just the way Google has. It searches not through ranked lists based on an interpretation by humans, but relevant documents from over a billion websites that have been sorted according to relevance, scored against the user’s own behavior pattern history and then stored there so they would rank the highest if someone searched for them – all done through the use of AI. Emergence of new roles and opportunities AI has not only changed existing roles but also opened up new opportunities that require both business savvy and knowledge about AI. In response to the high demand for professionals who understand how to align business strategy with AI technology, MBA graduates are filling these new positions: AI consultants: These experts assist organizations in integrating AI into their operations, offering strategic advice on how to implement AI. Data strategists: With an in-depth understanding of data analytics and AI, these professionals work with firms helping them derive competitive advantages from their data. Digital transformation managers: In this capacity, managers are responsible for overseeing AI technology integration across various business units thereby fostering innovation and driving digital transformation. Thus, these emerging positions underscore the importance of possessing business management competencies together with familiarity with how AI systems operate within an organization among other contemporary aspects within the field. Skills MBA graduates need to thrive in an AI-driven market As AI continues to shape today’s job market, MBA graduates need a combination of both hard and soft skills to remain competitive. Technical skills – Basics of AI: MBA graduates must have an understanding of AI principles since it is becoming an integral part of business processes. Data analytics: One must have strong data analytical skills for correct interpretation and use of data in decision-making processes. Machine learning: Sufficient knowledge about machine learning helps MBA graduates secure roles that focus on AI. Soft skills – Critical thinking: MBA students should apply results from AI systems to solve complex problems within their organizations. Adaptability: Professionals in this field should keep learning new things as AI continues to advance at a rapid rate. Communication: Business operations and strategies would be effective if complex AI ideas were translated into understandable terms for all employees by having good communication channels. Leadership: Leading AI-driven projects requires combining business understanding with knowing how to use technology which is why there’s something special about virtual leadership abilities along these lines. Continuous learning and development It is established that constant research and advancement are vital for maintaining one’s relevance in the face of ever-changing AI technologies impacting different industries over time, right from business intelligence software solutions up to AI platforms. Hence, today more than ever before, continuous education serves as an indispensable weapon for all MBA learners – they have no choice but to keep updated on the latest trends and technologies. Case studies and real-world examples In their operation strategies, a couple of companies have successfully integrated AI and this has led to a need for MBA degree holders who specialize in AI. For example, Amazon applies the use of Al in the optimization of its supply chain. Google relies on Al for advertisement purposes. There is a high demand for MBA graduates who are knowledgeable in these types of contexts rooted in artificial intelligence. Implications for business schools and MBA programs This trend has caused drastic changes in MBA programs as AI takes the central stage in the business arena. Currently, many places offer more specific courses such as ones focusing on big data processing using AI or even machine learning within their management programming platform. Online Manipal’s MBA programs in the AI-driven world At Online Manipal, we feel it is important to provide our students with the necessary skills for survival in an AI world of work. Through Manipal Academy of Higher Education (MAHE), Sikkim Manipal University (SMU), and Manipal University Jaipur (MUJ), we have developed enriching online MBA programs intended to equip learners with the requisite knowledge and expertise they need for business succession in the world of artificial intelligence. Our MBA programs train students to meet the rising demand for this sector in business. It is designed to teach digital transformation through AI and can be applied practically to any company for business success in line with the latest technology. Moreover, to access this flexible kind of study, one does not have to quit his or her job because the course is designed for working professionals wishing to upgrade their abilities. The bottom line There are new opportunities that have been created in the jobs sector for MBA graduates due to artificial intelligence while the traditional roles have also been changing because of this. If professionals want to survive in an AI-dominated business environment, they must develop themselves with the required technical and soft skills necessary for future success as MBA graduates within organizations. At Online Manipal, we offer advanced online MBA programs that focus on digital transformation meant for students and employees who desire to stay ahead of time. So, if you want to sign up for an online MBA course, we are here to further your career prospects even in today’s job settings where artificial intelligence (AI) dominates most professions. 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)
Different types of MBA courses – Gain valuable skills for the business world Today, an MBA is more than a mere academic recognition – it is a key opening to new career avenues, positions of leadership and high-level business comprehension. The essentiality of an MBA is the capability of equipping learners with vital skills applicable in a variety of industries such as finance, marketing, technology as well as healthcare services. However, there are different MBA courses available for each one of them making judgment difficult. Various types of MBAs are designed to suit different professional goals based on career choices and personal inclinations. This article looks at the kinds of MBA courses found in India and their unique strengths which can help those who want to excel in the field of commerce. Types of MBA courses in India Let’s dive into the various types of MBA in India that you can pursue according to your goals. Here’s a comprehensive ‘types of MBA courses list’ to make this choice easier for you. 1. Full-time MBA The longest-running format of MBA education believed to be popular and traditional is the full-time MBA. This immersive program takes 2 years and is suitable for learners who can fully embark on their learning arc. Fresh graduates also find it the most useful in starting off their careers Duration: Typically 2 years Ideal candidates: Recent graduates and early-career professionals seeking an in-depth business education. Key benefits: Immersive experience with a comprehensive curriculum Opportunities for networking with peers, professors, and industry professionals Exposure to campus life and extracurricular activities 2. Part-time MBA These part-time MBA programs were created for professional people held up by activities at their workplaces who also have an interest in going ahead with their studies. Part-time MBAs are better suited to people handling affairs at home, job and schooling simultaneously. Duration: Typically 3-5 years Ideal candidates: Working professionals seeking career advancement without leaving their jobs. Key benefits: Flexibility to balance work with study Opportunity to directly apply learning to the workplace Lower cost compared to full-time programs 3. Executive MBA (EMBA) More than any other specialization in an MBA, the EMBA program offers a unique take on strategic management that helps top-level executives prepare for success within organizations by providing them access to cutting-edge skills. Duration: Typically 1-2 years Ideal candidates: Mid-to-senior-level professionals with significant work experience Key benefits: Emphasis on leadership and strategic thinking Networking opportunities with peers in top positions Accelerated pace that accommodates busy professionals 4. Online MBA Due to advances in technology and the increasing demand for flexible learning options, a lot of people are opting for an online MBA unlike in the past. It has the same content as a conventional MBA. However, the good part is that one can study it from any place across international boundaries. Online MBA courses have witnessed more students being attracted to them because they are then able to undertake other duties alongside academics. Duration: Varies (typically 2-3 years) Ideal candidates: Working professionals, remote learners and those seeking a flexible schedule Key benefits: Remote learning and flexible schedule Often more affordable than on-campus options Accessibility for students across different geographies 5. Global MBA A Global MBA emphasizes commercial practices in different economies and lets students experience various markets and cultures. This is the course for individuals who dream of careers in transnational companies or those who are responsible for international business activities. Duration: Typically 1-2 years Ideal candidates: Professionals seeking transnational exposure and a global perspective on business Key benefits: International exposure and diverse curriculum Opportunities for global networking Learning of cross-cultural communication and global business strategies 6. Specialized MBA (Finance, Marketing, Technology, etc.) If you are interested in concentrating on a certain area or profession, there are specialized MBAs that give scholars insight into the world of finance, marketing technology and even health care. Not only do specialized MBAs provide a detailed understanding of a specific field but they are also recommended for people who look forward to gaining comprehensive knowledge in their career areas. Duration: Typically 1-2 years Ideal candidates: Professionals with specific career goals in a specific industry Key benefits: Targeted skill development in chosen area of specialization Increased industry relevance, industry knowledge and job opportunities Networking with professionals in the same field 7. Dual MBA Programs A Dual MBA program allows students to pursue two degrees simultaneously, often combining an MBA with another complementary discipline according to the student’s chosen area of specialization. These can include subjects like law, public policy or healthcare. These provide a stellar opportunity for those seeking to expand their knowledge domains in a particular field in today’s competitive job environments. Duration: Typically 3-4 years Ideal candidates: Individuals looking to combine expertise in two fields for an added level of professionalism Key benefits: Combined expertise leading to broader career opportunities Ability to stand out in a competitive job market Enhanced versatility in skill sets Skills gained through MBA courses Irrespective of which type of MBA one goes for, what’s common among all of them are the skills one learns and the problem-solving capabilities they are imbued with. Leadership and management skills — Leading teams and projects and driving organizational success require one to understand how to manage people. These skills are taught in an offline and online MBA program both. Strategic thinking and problem-solving — Analyzing complex problems, developing strategies and making data-driven decisions are what are involved in driving business and managing teams – skills gained through an MBA. Networking and relationship building — Developing connections with colleagues, mentors as well as experts within an individual’s area of interest/expertise/specialization. Technical and analytical skills — Different MBA courses help students obtain specialist knowledge in financial management, advertising strategy establishment, production activities and information technology. Choosing the right MBA course With so many options available, selecting the right MBA course can be challenging. Here are a few factors to consider: Career goals Time commitment Budget Preferred learning style You May Also Like: What are the different types of MBA programs you can do in India Online Manipal: Your gateway to a flexible MBA At Online Manipal, we provide access to UGC-entitled online degree programs from prestigious institutions such as Manipal University Jaipur (MUJ) and Manipal Academy of Higher Education (MAHE). The Online MBA from Online Manipal offers the advantage of being flexible, allowing you to study by yourself at your own pace and gain valuable skills from the leading universities while working. The bottom line The best way to choose an MBA course wisely is by understanding how much it can shape your future career path. Whether it is a regular one, a part-time one, an executive position or an online one, each of them has different values that meet unique professional requirements. It is therefore important that you explore such programs before setting your objectives concerning them because all these aspects must be considered under such circumstances as well as choosing among various options that should suit your aspirations at all times. We at Online Mainpal are committed to providing quality education combined with flexibility to make your career dreams come to reality. So, without any more delay, apply for an online MBA now! 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)
An easy guide on how to become a financial analyst The world of business and finance is booming, and companies are hungry for talented financial analysts. Forbes predicts that the demand for these professionals will skyrocket in the coming years, outpacing many other careers. If you’re a numbers whiz with a knack for analysis, you might be wondering what it takes to become a financial analyst and what exciting opportunities await you in this field. An Indian financial analyst earns an average of ₹6,60,000 per annum. Let’s dive into the employment landscape of financial analysis and a guide to enter it. Read about financial management career prospects: salary & opportunities Essential skills and qualifications To become a good financial analyst, you must possess technical competencies and soft skills. Below are the technical skills required for a financial analyst: 1. Hard Skills Financial Modeling: Developing business forecasts to estimate the economic performance of an enterprise. For instance, forecast and comparison analysts apply Excel in developing models, such as DCF models for valuations. Data Analysis & Statistics: Proficiency in SQL, Python, or Excel and an understanding of the basics of finance and accounting. These tools might apply to an investment banking analyst to look at some past information about the prices of shares. Accounting Knowledge: Professorial knowledge of balance sheets, income statements, and cash flow statements is essential. Many analysts consider knowledge of GAAP or IFRS accounting standards essential for reporting corporate information. Valuation Techniques: Procedures in company valuation, such as company analysis and rations, help estimate the value of stocks and investments. 2. Soft Skills Communication Skills: Financial analysts must know how to translate highly technical financial information into easily understandable reports. For example, a corporate finance analyst makes observations of raw financial trends easy for top management to understand. Attention to Detail: High precision is crucial when preparing reports and models or estimating valuations because even small mistakes in decimals or percentages can result in poor decisions or financial losses. Problem-solving and Critical Thinking: Financial firms deal with high stakes, and teams must work in stressful situations. Financial analysts must stay calm, understand the problem, and think critically to find helpful solutions. Collaboration and Teamwork: Based on the specific job, you may need to collaborate a little or a lot with accountants, economists, business managers, and other colleagues. Thus, the ability to work together and contribute appropriately is essential. Read here about analytical roles in the financial industry! Educational pathways Below are some academic ways regarding how to become a financial analyst: 1. Undergraduate Degrees (UG) Undergraduate programs give the students a basic understanding of financial operations and general business knowledge. Here are the most relevant undergraduate degrees: Bachelor of Commerce (B.Com) This popular degree provides lessons in accounting, finance, economics, and taxation. It also teaches the fundamentals of financial analysis, and students can graduate to become financial analysts. Bachelor of Business Administration (BBA) This degree emphasizes both management procedures, such as ethics and governance, and finance topics, such as corporate finance and investment. This degree prepares graduates to work as financial planners or management consultants. 2. Postgraduate Degrees (PG) Master’s degrees enable professionals to progress in their chosen career path by providing advanced financial knowledge mixed with business management skills. MBA in Finance An MBA in Finance is the most common postgraduate qualification for those keen on management careers in stock analysis, banking, or managerial economics. MBA graduates are usually employed as portfolio managers, financial consultants, or senior analysts. Master’s in Business Analytics and Data Science With finance companies today working with more data than ever, analytics degrees have surged in popularity. Big data, SQL, and Python skill holders are sought for in investment banking and financial services. 3. Professional Certifications Many employers now recognize additional certification as a financial analyst qualification. These certifications can help demonstrate your mastery in a field, improving your chances of getting hired and increasing your earning potential. The Charter of the Financial Analyst (CFA) The CFA is highly respected worldwide as the most respected certification for individuals in the investment field. The course involves efficient and effective principles of investment analysis, portfolio management, and financial ethics. CFAs are in high demand by investment banks, hedge funds, and asset management firms nationwide and globally. Certified Financial Planner (CFP) This certification is suitable for professionals who wish to practice as financial planners or wealth managers. The course covers different topics, such as investment planning, estate planning, retirement planning, and asset management. Financial Risk Manager (FRM) The FRM certification is a great boost for individuals interested in risk management as a profession. Professionals can land jobs as research analysts, market risk analysts, risk managers, and more. Also read: Navigating the Future of Finance: The irreplaceable human element in key financial roles Practical experience Internship The most real way of training, which gives a direct taste of actual business environment practices or a typical working day, is the internship. Interns learn from experienced professionals and learn about the business, tools, strategies, software, and office dynamics. For example, you can look into companies offering equity research intern, trainee equity research analyst, or risk management intern positions. Volunteering Budding analysts can try out their skills at a nonprofit social service in need of financial assistance. For example, you can work at a nonprofit in budget forecasting or financial reporting. You may also take up promoting or delivering a financial literacy program in low-income areas. Personal Projects Undertaking personal projects or conducting independent case studies is an added advantage for aspiring financial analysts seeking desirable jobs. You can create a portfolio of your virtual trading sessions or develop valuation models of a listed firm. Also read: Credit Risk Analyst vs Financial Analyst: What’s best for you Career paths and specializations in financial analytics 1. Investment Analysis Investment analysis focuses on evaluating financial instruments and advising clients or organizations on investment strategies. a) Equity Analyst Analyzes company financials to recommend buy, hold, or sell positions on stocks Monitors stock market trends and economic news Prepares research reports for investors and portfolio managers b) Portfolio Manager Manages investment portfolios by allocating funds across various asset classes Monitors portfolio performance and rebalances investments to meet targets Works with analysts to devise strategies to maximize returns 2. Corporate Finance This specialization involves managing a company’s financial operations and ensuring optimal capital structure. a) Financial Analyst Creates financial models to forecast revenue, expenses, and cash flow Evaluates financial performance and prepares reports for management review Assists with budgeting, planning, and strategic decision-making b) Treasury Manager Manages the company’s liquidity to ensure adequate cash for operations Oversees cash flow forecasts, investment decisions, and financial risks Develops strategies to manage currency exposure and interest rate risks 3. Risk Management Risk management professionals assess, monitor, and mitigate financial risks to protect organizations from potential losses. a) Credit Risk Analyst Evaluates the creditworthiness of borrowers and recommends loan options Uses statistical models to predict the likelihood of default Monitors credit risk exposures and provides risk mitigation strategies b) Market Risk Analyst Monitors risks arising from market fluctuations in interest rates, currencies, and commodity prices Uses risk models like VaR (Value at Risk) to assess potential losses Works with traders to set risk limits and ensure compliance 4. Financial Consulting Financial consulting professionals provide expert advice to businesses and individuals on financial management. a) Financial Consultant Assists clients in managing investments, taxes, and retirement planning Prepares customized financial plans based on client goals Advises on risk management and wealth creation strategies b) Business Valuation Analyst Assesses the worth of a business or asset for mergers, acquisitions, or investments Analyzes financial statements, market conditions, and industry trends Prepares valuation reports for stakeholders Salary overview of Financial Analytics roles in India RoleAverage Annual Salary (INR)Equity Analyst6 – 8 LPAPortfolio Manager12 – 18 LPAFinancial Analyst5 – 7 LPATreasury Manager10 – 15 LPACredit Risk Analyst7 – 9 LPAMarket Risk Analyst9 – 12 LPAFinancial Consultant8 – 10 LPABusiness Valuation Analyst8 – 12 LPA Source Tips for success in a financial analyst career Building a career as a financial analyst requires many skills, and once you are confident of your abilities, you can take these actionable tips to thrive in this competitive field: 1. Embrace continuous learning Finance is a fast-developing field due to constantly emerging new techniques, rules, and trends. Staying updated with these changes can improve your chances of employment. Enroll in online courses: Coursera, edX, and LinkedIn Learning offer programs in areas such as financial modeling, risk management, and data analysis. Stay updated: You can do this by utilizing resources such as financial magazines, news channels, research papers, etc. Pursue advanced certifications: Gaining additional certifications such as CFA, FRM, or CAIA demonstrates your eagerness to learn and advance and makes you a candidate for promotions. 2. Build professional connections Networking is greatly beneficial to an individual’s career progression. It enables you to connect with experts, mentors, recruiters, employers, and well-wishers and enter into mutually beneficial relationships. Join finance communities: For instance, join local finance clubs, organizations, or LinkedIn groups. Attend networking events: Attend conferences, seminars, and finance meetups to interact with professionals and prospective employers. Seek mentorship: Discover a team of qualified experts who can not only help shape your career but also give you sound advice and guidance. 3. Work on case studies Case studies use real-life examples to build profound practical knowledge and skills in the field of analysis. These exercises can help you apply your theoretical knowledge and formulas to real-world scenarios and develop solutions. Work on mock case studies: To work on and gain experience in cases, you can access online simulations on the Internet or approach university sources. Enroll in case study competitions: You can compete in case study contests by yourself or as a group. You will have to assess real-world cases in real time and provide solutions along with your reasoning, which will then be judged. Conclusion Financial analysis, as a profession, provides diverse roles, such as investment analyst, corporate financial analyst, and risk analyst. To succeed as a financial analyst, you need academic achievement, work experience, and hard and soft skills. Pursuing a degree provides a great foundation; however, to make a successful leap to becoming an analyst, you can obtain certification and work on projects. By engaging in continuous learning, networking, and branding, you can thrive within this field and easily attain your career goals.
Bank job after BBA: Your ultimate guide Embarking on a career in the banking and finance sector is potentially rewarding. The industry offers competitive salaries, job security, and promising career growth, making it a desirable choice for many individuals. For graduates of the Bachelor of Business Administration (BBA) program, several positions in both public and private sector banks are available. This degree allows students to acquire a strong foundation in business and management practices, making it applicable for numerous banking positions at the entry level. This comprehensive guide will explore the possibilities of securing a bank job after completing a BBA degree and provide actionable guidance on how to prepare yourself for a robust career in banking. Types of bank jobs after BBA After a BBA degree, graduates may explore a broad spectrum of banking jobs ranging from entry-level positions to mid-level and special positions that might require added qualifications. Each role demands a specific skill set and has its own perks and responsibilities. Let’s delve into the types of banking jobs one can consider pursuing after completing a BBA degree. Entry-level positions As a BBA graduate, certain banking positions at the entry-level could be ideal for you. These include: Bank Clerk: Requires a Bachelor’s Degree in any discipline including BBA. It involves skills in customer service and detail, along with basic knowledge of computers. The average salary ranges from Rs. 0.3 lakh to Rs. 5.5 lakh per annum. Bank Probationary Officers (PO): Requires a Bachelor’s degree in any discipline including BBA. This job calls for strong Communication and Analytical skills. Salary: Rs. 3.5 lakh – Rs. 12.6 lakh per annum. Customer Service Representative: Eligibility includes Diploma, bachelor’s degree in any discipline, or equivalent. It requires proficient communication skills, and problem-solving skills. Pay scale: Rs. 1.5 lakh – Rs. 5 lakh per annum. These positions are excellent jumping-off points in your banking career, particularly for BBA graduates who have just entered the employment market after completing their degrees. Mid-level jobs After gaining some experience in the banking sector, BBA graduates can aim for mid-level jobs that offer better pay and more responsibilities. Here are some of the job profiles at the mid-level: Loan Officer: Requires a Bachelor’s degree in finance and economics or equivalent. Responsibilities include monetary analysis and credit estimation. Salary: Rs. 1.4 lakh – Rs. 4.1 lakh per annum (Source: Glassdoor). Relationship Manager: Required qualification is a Bachelor’s or Master’s degree in business or marketing and communication. Requires good interpersonal skills and knowledge of finance. Salary: Rs. 2 lakh – Rs. 8 lakh per annum (Source: Payscale). Financial Analyst: Eligibility is a Bachelor’s degree in finance, accounting, BBA, or equivalent. Skills required include knowledge of financial software and analytical skills. Salary: Rs. 2 lakh – Rs. 12.3 lakh per annum (Source: Indeed). Credit Analyst: This role requires a Bachelor’s degree in finance, accounting, or related fields, as well as attention to detail and financial skills. Salary: Rs. 2.2 lakh – Rs. 16 lakh per annum (Source: LinkedIn). These job roles provide a platform for BBA graduates to leverage their expertise and climb up the career ladder in the banking sector. Special positions (May require added qualification) The banking sector also offers special positions that might require added qualifications in addition to a BBA degree. These roles include: Investment Banker: A Bachelor’s degree in BA, BCom, BBA, or equivalent can get you started; however, additional qualifications might be beneficial. The role demands good knowledge of the capital market and know-how in financial modeling. The average salary can range anywhere between Rs. 2 lakh to Rs. 57.8 lakh per annum. Risk Management Analyst: This role requires an undergraduate degree in finance, risk management, or an equivalent field. It involves close attention to detail and knowledge of risk management. The annual pay scale ranges from Rs. 2.1 lakh – Rs. 23 lakh. Compliance Officer: Requirements include an undergraduate degree in finance, law, or business administration. The role requires knowledge of regulatory requirements and strong analytical skills. Salary range: Rs. 2 lakh – Rs. 16.2 lakh per annum. These roles offer an exciting and rewarding career path for BBA graduates willing to acquire additional qualifications. Here are the ways to get a banking job after BCom Why BBA is a good choice for banking aspirants A BBA degree provides students with comprehensive business understanding and equips them with practical, relevant banking skills. With a curriculum that emphasizes the fundamentals of business, market dynamics, and financial systems, a BBA course can be an excellent stepping stone for banking aspirants. It prepares students to understand organizational operations, enhancing their scope for job opportunities in the banking sector. The relevance of BBA in banking The BBA program offers a strong foundation in the principles and practices of business administration, equipping students with a combination of theoretical knowledge and practical skills that are highly relevant to the banking sector. The curriculum covers vital aspects such as accounting, banking & finance, and other related subjects, all of which are imperative in the world of banking. With businesses becoming more dynamic, having a broad understanding of business practices aids in dealing with a variety of banking situations. Moreover, BBA graduates benefit from the strategic and analytical skills they develop during their course, which are essential when formulating effective banking strategies. In conclusion, a BBA degree’s relevance in banking is rooted in its ability to equip students with a broad range of business skills that are directly applicable to banking roles. Skill development through BBA course Apart from theoretical knowledge, a BBA course emphasis on skill development that is highly relevant to the banking industry. Some of these skills include: Strong business knowledge: BBA students gain a strong foundation in business and management skills, which are invaluable in the banking and finance sector. Financial, marketing, and accounting skills: These fundamental skills form part of the BBA curriculum and are highly appreciated in the banking and finance sector. Analytical skills: Analytical thinking and problem-solving skills, integral to BBA studies, are highly prized in the banking sector. Communication skills: Since customer interaction is a major part of the banking sector, the interactive skills developed during the BBA program aid students in their banking profession. The soft skills developed as part of the BBA curriculum, such as leadership development and teamwork, also collectively work to enhance your scope of banking job opportunities after the BBA. Top banks for BBA graduates in India: Public Sector Banks: State Bank of India (SBI) Punjab National Bank (PNB) Bank of Baroda Canara Bank Union Bank of India Private Banks: ICICI Bank HDFC Bank Axis Bank Kotak Mahindra Bank Yes Bank International Banks: Standard Chartered Bank Citibank HSBC Deutsche Bank Barclays Bank NBFCs: Bajaj Finance L&T Finance Mahindra Finance Shriram Transport Finance Tata Capital Here’s how you can get a banking job after BCA Necessary skills and attributes for banking careers To become a successful banker, merely holding a BBA degree may not be enough. Certain skills and personal attributes can greatly amplify your chances of having a successful banking career. These include a sharp analytical aptitude, effective communication skills, a strong orientation towards customer service, impeccable attention to detail, and skills related to leadership and teamwork. Let’s delve deeper into these to understand their significance in banking careers. Analytical aptitude In the banking sector, analyzing data to make informed and accurate financial decisions is a crucial skill. Whether it’s evaluating the creditworthiness of a customer applying for a loan, or making investment decisions on behalf of the bank, analytical aptitude is vital. With the rapid advancements in FinTech, a banker is also required to interpret complex data driven by AI and machine learning. Thus, BBA graduates can gain a competitive edge by honing their analytical skills. A robust analytical aptitude will not only aid in day-to-day banking operations but also play a significant role in strategic decision-making and risk management. Communication skills In the banking industry, efficient communication forms the backbone of customer service. Bankers are often the first point of contact for customers and hence, they are expected to present or explain complex financial products and services in a simplified way. Being able to communicate effectively also helps in understanding the customers better, thereby providing them with the best suited financial solutions. Negotiation is another key area where communication skills are put to test. During their BBA program, students learn and practice these skills through group discussions, presentations, and interactions thereby becoming proficient communicators. Possessing excellent communication skills thus becomes an asset while embarking on a banking career. Customer service orientation A customer-centric approach is vital in the banking sector. The ability to understand customer needs and provide appropriate banking services defines the quality of customer service. BBA graduates with strong customer service orientation can greatly enhance the customer experience, leading to better customer retention and loyalty. They can handle customer queries, manage complaints, and offer personalized banking solutions effectively. Moreover, a proactive approach towards providing service could result in identifying potential opportunities for cross-selling or upselling banking products considering the customer’s financial objectives. Hence, being customer-oriented can significantly impact a banker’s success in the long run. Attention to detail Banking processes require meticulous attention to detail. Whether it’s managing financial transactions, auditing banking records, interpreting financial statements, or adhering to regulatory compliances, precision and accuracy are paramount. An undetected error can hold severe repercussions for both the bank and its customers. BBA graduates are trained to focus on finer details of business operations, making them cherry-pick errors and prevent potential slip-ups. Tasks, such as maintaining financial records, preparing reports, and complying with banking regulations, require an extremely detail-oriented approach. This ability to microscopically examine details can thus separate an effective banker from an ordinary one. Leadership and teamwork Banks, like any other organization, thrive on teamwork. Employees must work in sync to ensure smooth and efficient operations. Leadership plays a role not only in team management but also in nurturing a cooperative work culture. Regardless of the position, a BBA graduate can bring in leadership qualities like strategic thinking, decision-making abilities, and employee management skills to the table. Collaborating effectively with co-workers, handling workplace conflicts, and motivating team members are also part of leadership in the banking sector. At the same time, understanding the importance of individual roles within the team and respecting diverse viewpoints is crucial for efficient teamwork. This balance between leadership and teamwork can effectively drive the performance of a BBA graduate in the banking sector. You may like to know if you can get a banking job after MCom Steps to get a bank job after BBA Getting a bank job after your BBA degree does not happen by chance. It requires a planned approach, preparation, and consistent effort. From enhancing your skills and certifications to preparing for bank entrance exams, networking with professionals in the industry, and gaining relevant experience through internships – each step paves the way towards your dream banking job. Let’s look at these steps more closely. Enhancing your skills and certifications Apart from a BBA degree, having additional skills or certifications can add value to your profile and increase your employability in the banking sector. Here are few ways to enhance your skills: Pursuing a Post Graduate Diploma in Banking or any related certificate course can refine your banking knowledge. Knowledge of digital technology, data analytics, and financial modelling is increasingly being preferred in today’s digital banking era. Soft skills like interpersonal communication, emotional intelligence, and stress management are also sought after in this sector. Fluency in multiple languages can be an added advantage, especially for roles involving customer interaction. Continuous learning and development can keep you updated on the latest trends and practices in the banking industry, thereby increasing your competitiveness. Preparing for bank entrance exams To secure a job in a government bank, preparing for bank entrance exams is an important step. The Institute of Banking Personnel Selection (IBPS) conducts exams for positions like probationary officers and clerks in public sector banks. Successful clearance of these exams opens the gateway to a career in banking. Here’s how you can prepare: Understand the exam pattern and syllabus: Familiarize yourself with the pattern of the exam and topics covered. Practice with mock tests: This can help you get use to the exam format and improve time management. Brush up on basics: Concepts of quant, logical reasoning, English, and general awareness form the core of most bank exams. Hence, strengthening these areas is crucial. Regular revisions: To retain learned concepts, regular and systematic revisions are vital. Clearing bank entrance exams requires persistent efforts. Stay focused, and maintain a steady pace of preparation. Networking with professionals in the industry Networking is an underrated but effective way of opening doors to job opportunities in banking. It provides a platform to connect with professionals who might share job openings, industry insights, or guidance. Here are a few ways to build your network: Join professional platforms: Networking platforms like LinkedIn facilitate connections with professionals in the banking sector. Attend industry events: Participate in workshops, seminars, or conferences related to banking and finance. Connect with Alumni: Your seniors or alumni working in banks can provide valuable insights and job leads. Volunteering: Working as a volunteer in banking-related events can introduce you to potential contacts from the industry. Remember, networking is not just about meeting people for jobs; it’s about building meaningful relationships that can offer mutual benefits. Gaining relevant experience through internships Internships are a practical way to gain real-world experience in the banking sector. It not only gives you exposure to the workings of the sector but also allows you to apply the theoretical concepts you learned during your BBA course. Moreover, internships can give you a glimpse into different roles and functionalities within a bank, thereby helping you identify your area of interest. Apart from gaining invaluable experience, internships can also help you build strong professional contacts which can later assist in job placements. Therefore, don’t miss any opportunity to intern with banking institutions, either during your BBA course or post-completion. Online BBA from Manipal University Jaipur For those who can’t join the bandwagon of regular students pursuing offline bachelor courses, online BBA degrees are gaining popularity. Top universities like Manipal University Jaipur now offer lucrative professional online degrees. It offers an Online BBA degree with comprehensive coursework of 3 year duration spread over 6 semesters. Key features of the online BBA programIn-depth BBA program spanning over 3 years (6-semester)Updated curriculum delves into theoretical concepts and practical areas within business administrationRelatively affordable with a starting fee from INR 1,65,000Internship opportunities for real-world experienceAccess to online resources and support from facultyNetworking opportunities with industry professionals Choosing such online programs allows you to fulfill your aspirations of getting into a banking career while maintaining flexibility in learning. Check out this online BBA course guide Conclusion In conclusion, a degree in Business Administration can be a stepping stone for a rewarding career in the banking sector. The skills and knowledge acquired during a BBA program make BBA graduates suitable for a host of banking roles. However, stepping into the banking industry requires diligent preparation, tapping into every opportunity for skill enhancement, and building a professional network. With dedication and the right approach, you can leverage your BBA degree to get into well-paid banking jobs. As the banking sector continues to evolve dynamically, BBA graduates equipped with the necessary skills will always remain in demand. Therefore, the decision to pursue a career in banking after BBA is indeed an excellent one guaranteeing a promising and fulfilling future. Frequently asked questions What banking positions are available for BBA graduates? A wide variety of banking positions ranging from Sales Officer, Accounts and Finance Manager, Relationship Manager, Loan Officer, Loan Servicing Manager, Credit Analyst, to Financial Advisor are available for BBA graduates in both government and private banking sectors. What additional qualifications or certifications are needed for a banking career after BBA? Here are some diploma and certificate courses that can enhance your banking career after BBA: Graduate Diploma in Banking, Graduate Certificate of Finance and Banking, Post Graduate Certificate in Retail Banking, and Diploma in Banking Services Management, among others.
MBA vs MS – Which one is better for your career? With a plethora of options around us today – all of which often lead to a lot of confusion – deciding on either an MBA (Master of Business Administration) or an MS (Master of Science) can make or break your career. Even though they both present numerous opportunities to us, they cater to different kinds of jobs or projects that require different skill sets. This article sheds light on some differences found between an MBA and an MS in order to help make the best choice for your career path. MBA: The road to leadership and management An MBA is an internationally accredited program designed for the cultivation of skills such as leadership, management and strategic thinking among others which are necessary for people who seek top management roles in business, finance, entrepreneurship, etc. MBAs generally cover various fields that are essential in running a business. Some of these areas are: Leadership focus Career path flexibility Network connections MS: The way to specialization An MS, or Master of Science, is for those who want to dive deeply into certain technical or scientific areas. Such degrees concentrate on building expertise and advanced knowledge, often focusing on engineering, data science, or healthcare. Unlike an MBA that provides broad business education, this type of degree narrows your studies to one specific subject matter thus making it perfect for people interested in pursuing careers within the technological field. Detailed education Academic investigations Engineering opportunities Career opportunities: MBA vs MS MBA graduates Most MBA holders find themselves in leadership, management, and executive roles. Professionals in fields such as business consulting, finance, operations and marketing mainly hold these degrees. This also includes entrepreneurship which helps people start new enterprises of their own with improved skills acquired from pursuing the program. MS graduates Specialized technical roles within a specific domain are the type of jobs that most holders of MS pursue. Professions in industries like technology, health care as well as engineering require a more detailed understanding of concepts such as research by MS graduates. Individuals with this qualification can work as data scientists, mechanical engineers or research scientists among others. Industry focus MBA Some industries including finance, marketing consultancy and general management are skewed toward hiring MBA graduates because they need leaders who can drive teams, manage resources as well as develop strategic business blueprints. Such sectors put great emphasis on leadership and management skills which is why most operations managers have this kind of certification. MS On the other hand technology companies, research firms and engineering companies prefer to employ personnel with MS degrees compared to those who possess an MBA due to the nature of their work which demands specialized knowledge that only comes with time. Whether you are into software development or biotechnology or environmental science – often, MS is what is required. Global recognition and scope MBA MBA programs tend to have international prestige especially because they offer training on global marketing techniques. Multinational corporations require managers who have MBA qualifications to handle their various projects. Professionals who wish to pursue careers in different fields around the world, therefore, find it essential to acquire an MBA degree. MS On the contrary, the scope of an MS degree may be more in other areas, like technical fields. In countries such as the US, Japan or Germany where innovation is highly regarded you will find many job openings for those holding MS degrees because this qualification offers strong opportunities in technical areas or research-based ones. Skill development: MBA vs MS MBA programs: Leadership and management capabilities Analytical and problem-solving skills Effective communication and Interpersonal skills Financial and business sense MS programs: Specialized technical skills Analytical research skills Problem-solving for complex and technical issues Innovation-oriented, scientific expertise Time and cost considerations MBA An MBA often takes around 2 years to complete although some universities offer 1-year accelerated programs too for those who want to finish within the shortest time possible. While an MBA can cost from 2 lakh to 15 lakh rupees or higher for the top programs, it can result in high returns for someone who eventually secures lucrative top management positions. MS Normally, 1 to 2 years are enough for an MS program to be completed under normal circumstances. It’s usually less expensive than an MBA except for the ones that focus on research and technical fields. Even though there may be variations in ROI, individuals pursuing MS in industries where there is a high demand for them get increased returns as time goes by. Long-term career growth MBA graduates Progressing to executive-level positions like CEO or CFO is common among MBA holders, and this may entail very fast upward mobility within the business world. Therefore, leadership and strategy skills that are acquired through doing an MBA may lead one into high-level positions across several industries. MS graduates Growth for most MS holders is usually in their specialized fields. Senior technical or research roles are a possible destination for some people with this degree who become experts in their domain. Technology or engineering-oriented individuals can use it as a stepping stone to roles such as chief technology officer (CTO) or lead engineer. Why choose Online Manipal? A flexible alternative to regular MBA programs that are labor-intensive as well as expensive is the option of doing an online MBA degree. The reason top elites choose Online Manipal is because it provides the chance to access online MBAs from Manipal University Jaipur or Manipal Academy of Higher Education. These online MBA programs, through our reputed platform, lead to an MBA specifically tailored for people with specific needs – whether you are employed or prefer flexibility in your study patterns for career advancement. The bottom line Conclusively, you should choose an MBA or MS based on your dreams as well as the area of specialty that you desire. Deciding between the two can only depend on your life goals and aspirations – whether you love management, leading or want to get involved in strategic management decisions. Conversely, those interested in specialized or technical fields may consider pursuing an MS. Finally, in order to decide wisely between these two degrees one must take into account their respective job markets and worldwide recognition levels. Online Manipal is ready to help with various programs that are comprehensive and flexible in nature so that you can begin your journey towards your desired career paths today. 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)
MBA or M.Tech after engineering: Your path to success In today’s volatile job market where every small decision can greatly impact your career trajectory, choosing between an MBA program or M.Tech can make a huge impact on your work life career-wise. Most students who are into engineering end up feeling torn between either pursuing an online MBA which will push them towards the business and management world, or an M.Tech that digs deeper into technicalities related to their field. Each has its own perks making available a number of job opportunities depending on one’s prospects from IT all the way to the manufacturing sector. So which one should you choose? Let’s take a close look at both of them and gain some insights on selecting a career path accordingly. MBA after Engineering Are you wondering, “After B.Tech, what next?” Some may say that an MBA is the logical next step for anyone who doesn’t want to work a corporate job behind the computer screen – meeting with clients/colleagues they hardly know. Graduates opting for an MBA right after B.Tech can use their skills of analysis acquired during engineering studies in strategic decision-making positions. But why exactly should one pursue an MBA? Here are some reasons: Transition to management Leadership skills, managing people, business strategy formulation and decision-making capabilities are some of the few skills that an online MBA course in various universities bestows upon their graduates. This makes it easier for them to shift into high-ranking positions within different companies. Broadened career prospects An MBA in itself can be used by consultants, financial analysts, marketing executives and even entrepreneurs to advance their careers. This makes it applicable across multiple industries such as the Information Technology (IT) sector where people skills matter more than anything else – hence, those who work there need management skills. Networking opportunities For years now MBA courses have been built to allow students to network with industry leaders, alumni as well as professionals – making it one of the greatest economic assets for professional life. A comparison of MBA and M.Tech shows that the former focuses on managerial aspects while the latter is more technical. So, your choice between an MBA and an M.Tech depends on whether you see yourself running a business or becoming a specialist in any specific technical field. M.Tech after engineering: The path to technical mastery You will find M.Tech as the best option if you’re into technical innovation, research and development. This degree enables students to concentrate on one area, hence acquiring advanced knowledge of technicality in one’s chosen field. So what are the benefits of doing an M.Tech? Advanced technical knowledge An M.Tech program offers deep-rooted teaching so as to help students specialize more in programs such as computer science, electronics or mechanical engineering. Research and development M.Tech opens doors to the world of research, innovation, and academia for those deeply involved in such pursuits. This field is ideal for people who like studying and researching. Specialized roles Most industries require specific technical skills from employees before they hire them. Hence, individuals working here need highly specialized professionals with an M.Tech degree. Career opportunities: MBA vs. M.Tech It is important to examine the job market for MBA vs. M.Tech postgraduates. This involves looking at various jobs available within different sectors for each of these degrees. MBA career opportunities They may end up managing departments like those dealing with money, communication, consultancy, or human resources services among other things. Project manager, business analyst, and marketing manager are some common positions within business administration service companies that require MBA graduate students. It might also equip you enough to start your own business. M.Tech career opportunities Unlike their MBA counterparts who find themselves becoming all-rounder managers within varying organizations ranging from IT firms to manufacturing plants around town, most M.Tech degree holders specialize strictly in production systems design – as software developer design engineers, researcher scientists, technical consultants, etc. Particular attention is paid by most IT companies dealing with automotive gadgets and airplanes, which use telecommunication systems during designing or assembling these items, including production equipment based on electronics. Salary prospects: MBA vs. M.Tech MBA salary prospects Management consulting, investment banking and corporate leadership often provide well-paying jobs to MBA graduates from popular business schools. People can earn more money once they go into MBA after just a few years of employment. M.Tech salary prospects Similarly, individuals holding M.Tech degrees, particularly in specializations such as computer science, data science or telecommunications usually have access to highly paid job opportunities. Organizations with high technological demands usually have well-paid jobs for employees with M.Tech. Industry demand: MBA vs. M.Tech MBA demanding industries Banking, Information Technology Service Companies (ITSC), Corporate Services Companies (CSC) and Financial Consultancy Firms (FCF) are some of the industries that hold MBA graduates in high esteem. With an MBA, you can also work in diverse sectors such as healthcare, consumer goods or IT. M.Tech demanding industries Companies from varied industries including communication technology giants like Apple always look out for M.Tech academics. Also, they require people specially trained through tertiary education who have gone deep into particular branches within the technological sphere. Factors to consider: MBA or M.Tech after engineering? Career goals: Do you see yourself managing an organization or becoming a technical specialist? Consider your career objectives before opting for an MBA or M.Tech. Industry preferences: What industries are you most interested in? Most sectors have management positions open throughout whereas technical roles are narrower because they require specific related skills in programming languages or hardware. Personal interests: This is where passion comes in; passion drives success. If you are into business strategy and leadership, then perhaps an MBA would be more suited for you. If you prefer solving complex technical problems, an M.Tech could be a better fit. A trusted higher education platform: Online Manipal When you want to pursue an MBA, there is no better place than Online Manipal where much of the learning takes place online. Our learners include fresh high school graduates as well as seasoned professionals who want more from their careers and are looking for education from reputed universities like Manipal University Jaipur (MUJ), Sikkim Manipal University (SMU), and Manipal Academy of Higher Education (MAHE). Our learning platform is thus designed to give you high-quality programs based on your needs and the degree to which you wish to dive into technical knowledge. Why Online Manipal? Our online courses enable students to study at their convenience, thus enabling them to balance work, education as well as personal life commitments. By studying under the guidance of some top universities with UGC entitlement, one is guaranteed to receive a world-class education in India today whenever they want, from wherever they want. The bottom line In conclusion, indeed, both MBA and M.Tech are good educational paths leading to success, depending on your job expectation – be it business management and leadership or fields of technology with some level of specialization. In essence, whether you opt for either of the two degrees, keep in mind that Online Manipal holds your hand through your education journey. Visit our website now to proceed to determine your professional destiny. 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 courses and careers for maths students Mathematical proficiency is vital in today’s data-driven environment, where choices are often based on statistics. Math skills are needed not only in IT and computer science but also in finance, manufacturing, operations, healthcare, and architecture. Mathematical skills foster problem-solving and analytical thinking, both of which assist in simplifying complicated data-driven problems. If you love numbers and want to choose a mathematics-related career path, you have several options and can land a lucrative job in this field. This blog will discuss several programs and mathematics-related career paths for students. Read on to discover interesting and rewarding career choices for math students. Also read: Can I do MCA without a mathematics and computer science background? Best degree options for mathematics students Here are a few of the best courses for mathematics enthusiasts: CourseDurationMin EligibilityBachelor of Commerce (BCom)3 years10+2 in any streamBachelor of Computer Application (BCA)3 years10+2 preferably from science streamB.Tech in Computer Science4 years10+2 in science streamCharted Accountancy (CA)4.5 to 5 years10+2BSc in Data Science3 years10+2 preferably from science streamBSc in Mathematics & Computing3 years10+2 in science streamBSc in Financial Mathematics3 years10+2Bachelor of Engineering in IT4 years10+2 in science stream 1. Bachelor of Commerce (BCom): A BCom, or Bachelor of Commerce, is a three-year degree course that teaches various subjects and covers different aspects of accounting methods, tax rules, business laws, and financial management. This bachelor’s degree program primarily focuses on quantitative analysis and prepares students to excel in the complex finance and business worlds. It provides a wide range of career possibilities. Also read: Can BCom graduates get jobs in the USA? 2. Bachelor of Computer Application (BCA): A BCA degree is a great choice if you want to work in software development or information technology. It provides a solid foundation in database and warehouse management systems, object-oriented programming languages, operating systems, and computer architecture. BCA’s curriculum comprises core subjects like database management, web development, computer networks, and algorithms. Know more about BCA course details. 3. B.Tech in Computer Science: B.Tech in Computer Science is an undergraduate degree program that provides students with a strong foundation in technological operating systems and the principles of computer science. It is among the most sought-after courses for mathematics enthusiasts, offering comprehensive coursework in software development, database structures, and algorithms. IT firms accept mathematical expertise, whereas B.Tech graduates are equipped for several professions, such as software development, information security, and machine learning. You may be interested to know which is better – B.Tech or BCA. 4.Chartered Accountancy: Many math majors aspire to become chartered accountants, which calls for a solid background in mathematics and handling financial affairs. It involves rigorous training and a strong grip on subjects like accounting, finance, and business management. The CA qualification is globally recognized and offers a high-value career prospect. 5. BSc in Data Science: A bachelor’s degree in data science teaches students how to use various tools to turn unprocessed, raw data into functional. Hands-on learning experiences are often prioritized and give students critical experience in the field. Applicants to this program need to be very proficient in mathematics. They have the option of working as data engineers or scientists, machine-learning engineers, or business intelligence analysts. 6. BSc in Mathematics and Computing: A Bachelor of Science in Mathematics and computing is a three to four-year degree program. It combines the elements of math with computer science. The curriculum aims to give learners computational skills with a strong mathematical foundation. After studying advanced mathematical topics like programming, linear equations, and calculus, students can handle difficult problems in scientific research, software development, and other fields. Students may also get a chance to explore and work on cryptography, computer graphics, and machine learning. 7. BSc in Financial Mathematics: This bachelor’s program in mathematics equips students for lucrative careers in the banking industry. Calculus, statistics, and financial analysis are major requirements for the degree. Graduates in this discipline can find employment as financial planners, analysts, and in other roles. 8. Bachelor of Engineering in IT: This degree program teaches students a great deal of arithmetic, computer design, OOPs theory, programming, and code optimization. After receiving their degrees, students can work as programmers, database administrators, IT administrators, software engineers, and more. Also read: Top bachelor’s degrees for students interested in tech career Top 10 careers for mathematics students Math majors can pursue a variety of professional opportunities, and some of the career options for mathematics students are highlighted below: 1. Data Scientist: Data scientists examine complicated datasets to identify feasible solutions to corporate problems and enhance decision-making processes. They extract insights and relate them to find a pattern in the data. They use large databases and warehouses with statistical techniques and predictive algorithms to find patterns and trends in the data. Data scientists work across companies and, using their expertise, solve business problems. The average monthly salary for a data scientist in India is INR 9.6 lakh. Also read: How to learn Data Science online: Top courses to pursue 2. Actuary: Students studying mathematics often choose to become actuaries. Actuaries, after receiving training from industry specialists, may assess financial risks in firms. They analyze the data and predict the likelihood of future events using mathematical models. As a fresher, an actuary can expect to earn INR 10 LPA. 3. Financial Analyst: Math majors are excellent prospects for financial analyst positions. This position is ideal for people who want to work in an exciting atmosphere and are committed to assisting businesses with procurement and finance options. Financial analysts often work in areas such as investment banking and corporate finance and help their clients make accurate decisions about investments. They use financial modeling techniques and quantitative skills to forecast future performance. The average annual compensation for this position is INR 4.9 LPA. 4. Operations Research Analyst: Operations research analysts are responsible for addressing complicated corporate issues and simplifying procedures for making fail-proof decisions. They employ a variety of mathematical and statistical methodologies learned throughout their mathematics studies. Operations research analysts are needed in all industries because they assist firms in enhancing productivity and allocation of resources. The average annual income for operations research analysts ranges from INR 1.4 LPA to 20 LPA based on their experience. 5. Statistician: Strong skills for success in math-based careers include data collection, data modeling, data evaluation, and testing hypotheses. Statisticians apply statistical methodologies and algorithms to real-world problems, helping firms discover successful solutions. The average annual salary for a statistician is INR 5.5 LPA. 6. Software Engineer: Software engineers are responsible for designing, developing, and maintaining apps and software. They employ mathematical ideas, algorithms, and programming languages to develop robust software. On average, Software Engineers’ salary is around INR 6.8 LPA. 7. Quantitative Analyst: Quantitative analysts create mathematical models and algorithms to evaluate the financial system and price derivatives and oversee volatility. They work for financial institutions, hedge funds, and trading organizations. The average annual income for quantitative analysts in India is INR 11.75 LPA. 8. Mathematician: Mathematicians participate in various activities relating to the investigation, creation, and use of mathematical ideas. A mathematician’s primary responsibilities include research and study, data analysis and modeling, etc. Mathematicians typically get an average salary of INR 9.72 LPA. 9. Software Developer: Software developers employ complicated mathematical principles, algorithms, and high-level programming languages to develop strong software applications. The average compensation for software engineers in India is INR 5.60 LPA. 10. Cryptographer: Cryptographers provide secure communication methods and algorithms to safeguard sensitive data from unauthorized use. They employ mathematical concepts like encryption and decoding to protect confidential information. The average yearly income for cryptography experts in India is a staggering INR 10 LPA. Explore career-oriented online degrees on Online Manipal The introduction of online learning systems has made higher education accessible and affordable. Online Manipal is one of the best among these platforms. For math lovers who want to get ready for a lucrative career, Manipal University Jaipur offers amazing opportunities. Online BCA and BCOM degree programs are among the most sought-after among math aficionados. Web development, computer languages, and data structures are among the subjects covered in the BCA degree program. The BCom program is ideal if business and finance are your passions. You’ll learn about how businesses function, financial accounting, and financial management. It’s an excellent fit for math students who wish to apply their expertise to financial difficulties. The online courses provided by MUJ are high-quality, and you will get the opportunity to work on practical assignments that will help you understand the corporate work culture. Also read: Eligibility criteria for Manipal University Jaipur’s online degree programs. Conclusion In conclusion, pursuing a career in mathematics opens a wide range of opportunities for students with great exposure and compensation. Math skills are essential for various career choices, whether dealing with finances or using technology. Math students possess valuable skills in critical thinking and problem-solving. For students with great foundational skills in mathematics, and all the mathematicians out there, Manipal University Jaipur has the best online degree programs equipped with the latest curriculum and emerging trends in math-focused professions. The best part is you can avail yourself of these courses online with the help of Online Manipal. These courses equip you with a thorough understanding of computers and finance, paving the way for a prosperous career in just a few years!
Top MBA entrance exams in India: Check exam dates & last date to apply! In India, MBA entrance exams are how many of the best-known business schools get their students. The desire to take an MBA should make you take tests in order to test your knowledge of quantitative abilities, logical reasoning, data interpretation, linguistics and so on. If you want admission into top management institutions, then make sure that you are well prepared. More importantly, you need to know when these exams will take place so that you can hand over your application before it is too late. Knowing when these MBA exams in India are scheduled will enable you to come up with better plans for your preparation while avoiding the last-minute rush that could sometimes happen. When it comes to MBA exams there are a lot of options in India. Hence, understanding their timelines is very important. List of top MBA entrance exams India offers a variety of MBA entrance exams, each with its unique approach, difficulty level, and eligibility criteria. Below is a list of the top MBA exams in India: CAT (Common Admission Test) XAT (Xavier Aptitude Test) MAT (Management Aptitude Test) CMAT (Common Management Admission Test) SNAP (Symbiosis National Aptitude Online Test) NMAT (NMIMS Management Aptitude Test) IIFT (Indian Institute of Foreign Trade Exam) MICAT (Mudra Institute of Communications Admission Test) TISSNET (Tata Institute of Social Sciences National Entrance Test) Let’s dive into the detailed information for each of these top MBA entrance exams and figure out their admission schedule and entrance exam dates. 1. CAT (Common Admission Test) Conducting body: Indian Institutes of Management (IIM) Eligibility criteria: Bachelor’s degree with at least 50% marks Exam pattern: Quantitative ability, verbal ability & reading comprehension, data interpretation and logical reasoning Application start date: 1st August 2024 Last date to apply: 13th September 2024 Exam date: 24th November 2024 Application process: Online registration, payment of application fee and submission. 2. XAT (Xavier Aptitude Test) Conducting body: Xavier School of Management (XLRI) Eligibility criteria: Bachelor’s degree in any discipline Exam pattern: Decision-making, verbal & logical ability, quantitative ability & data interpretation and general knowledge Application Start date: 15th July 2024 Last date to Apply: 30th November 2024 Exam date: 5th January 2025 Application process: Register on the official website, fill the form and submit the fee. 3. MAT (Management Aptitude Test) Conducting body: All India Management Association (AIMA) Eligibility criteria: Graduates in any discipline Exam pattern: Language comprehension, mathematical skills, data analysis & sufficiency, intelligence & critical reasoning and Indian & global environment Application start date: Ongoing (four exams held annually) Last date to apply: 9th August 2024 (IBT 1) 18th August 2024 (IBT 2) 11th August 2024 (CBT) 18th August 2024 (PBT) Exam date: 14th August 2024 (IBT 1) 23rd August 2024 (IBT 2) 18th August 2024 (CBT) 25th August 2024 (PBT) Application process: Online registration and fee payment. 4. CMAT (Common Management Admission Test) Conducting body: National Testing Agency (NTA) Eligibility criteria: Bachelor’s degree with a minimum of 50% marks Exam pattern: Quantitative techniques & data Interpretation, logical reasoning, language comprehension, general awareness and innovation & entrepreneurship Application start date: 29th March 2024 Last date to apply: 23rd April 2024 Exam date: 15th May 2024 Application process: Fill out the form online, upload the necessary documents and pay the fee. 5. SNAP (Symbiosis National Aptitude Online Test) Conducting body: Symbiosis International University (SIU) Eligibility criteria: Graduate with 50% marks (45% for SC/ST candidates) Exam pattern: General English, quantitative aptitude, analytical & logical reasoning Application start date: 5th August 2024 Last date to apply: 22nd November 2024 Exam date: 8th, 15th and 21st December 2024 Application process: Complete the registration on the SNAP portal and pay the fee. 6. NMAT (NMIMS Management Aptitude Test) Conducting body: Graduate Management Admission Council (GMAC) Eligibility criteria: Bachelor’s degree in any field Exam pattern: Language skills, quantitative Skills and logical reasoning Application start date: 1st August 2024 Last date to apply: 10th October 2024 Exam date: 5th November to 20th December 2024 (multiple slots) Application process: Online registration followed by fee payment. Then you can wait for exam scheduling. 7. IIFT (Indian Institute of Foreign Trade Exam) Conducting body: National Testing Agency (NTA) Eligibility criteria: Bachelor’s degree with a minimum of 50% marks Exam pattern: Quantitative analysis, reading comprehension & verbal ability, logical reasoning & data Interpretation and general knowledge Admission process to be carried out through CAT Application process: Simply fill up the application form online and pay the fees. 8. MICAT (Mudra Institute of Communications Admission Test) Conducting body: MICA, Ahmedabad Eligibility criteria: Graduate in any discipline Exam pattern: Psychometric test, descriptive test, verbal ability, quantitative ability, general awareness, divergent-convergent reasoning Application start date: 15th September 2024 Last date to apply: 20th November 2023 (MICAT I) 16th November 2024 (MICAT II) Exam date: 02nd December 2023 (MICAT I) 27th January 2024 (MICAT II) Application process: Complete the online form and pay the registration fee. 9. TISSNET (Tata Institute of Social Sciences National Entrance Test) Conducting body: Tata Institute of Social Sciences (TISS) Eligibility criteria: Bachelor’s degree in any discipline Exam pattern: English proficiency, mathematics & logical reasoning, general awareness Admission process to be carried out through CUET PG Application process: Register on the official TISS website and pay the application fee. Preparation tips When preparing for the top MBA entrance exams in India, one must have a well-structured method backed up by constant effort towards achieving this goal. In the article below are some helpful tips: Commence early: Start preparing at least 6 to 12 months before the time for examination. Know the exam pattern: Be familiar with the format, sections and marking system in MBA entrance exams’ schedules. Keep practicing regularly: Work on past years’ papers and sit for mock tests so as to enhance your speed and accuracy. Pay attention to weak areas: Find out areas where you have weaknesses then allocate more time to become better in them. Enroll for coaching or use online resources: Register for reputed coaching classes or use online resources for better preparation. Online Manipal: Your gateway to an MBA For individuals who want to take their MBA without necessarily going through the rigorous MBA competitive entrance exams and the time-intensive burden of physical classes, there is a great substitute in Online Manipal – online MBA program from Manipal University Jaipur (MUJ) and Manipal Academy of Higher Education (MAHE). These universities provide students with courses that are UGC-approved. With MUJ and MAHE’s MBA programs, there is something for everyone — be it students or working professionals. Online Manipal is for all who want to achieve higher education regardless of cost or accessibility – we allow for learning schedules that can be tailored to your busy life. Moreover, students don’t have to go through the pressure that most candidates experience when pursuing regular MBAs. The bottom line Handling MBA entrance examinations will mark the start of your success in management careers. Be it CAT, XAT or any other top MBA entrance exams — preparation remains key for all candidates who aspire for success in life. Remember that knowing the MBA exam dates and last date for application is the most important thing because it helps you keep ahead of others and reduces unnecessary pressure. If you are looking for an alternative to regular MBA programs that are flexible and will suit your needs, rest assured because Online Manipal has got you covered with its UGC-approved MBA courses that target various kinds of students. Never let the complexity of regular MBAs hold you back from achieving success someday. Take control of your destiny with freedom, first-class tutors, a dynamic curriculum and rocket-launch your career to new heights. All the best! 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)
What Do You Know About CAT, MAT, XAT, CMAT? There are several exams that are required for an individual to pass before being considered for admission into an MBA program. These include the CAT, MAT, XAT and CMAT exams. However, these terminologies are super confusing and can actually debilitate anyone with choices. So, what to pursue? This article will explain to you the difference between CAT, MAT, XAT and CMAT exams and assist you in choosing the one that suits you and your career aspirations the best! 1. CAT: Common Admission Test The Common Admission Test (CAT), conducted by Indian Institutes of Management (IIMs), is one of the most preferred MBA entrance exams in India. The scores obtained in CAT are acceptable to IIM and many other business schools spread all over India. Key details about CAT: Mode of exam: Computer-based Duration: 180 minutes Sections: Verbal ability and reading comprehension, data interpretation and logical reasoning, quantitative ability Eligibility: Bachelor’s degree with not less than 50% marks in general category and 45% for reserved categories Why select CAT CAT is the most highly competitive entrance exam due to its broad appeal and IIM’s reputational edge. If your aim is to have access to top-ranked business schools in India, then definitely this should be the test to sit for. 2. MAT: Management Aptitude Test On the other hand, the Management Aptitude Test (MAT) is also popular among those who would like to pursue an MBA but, unlike CAT, it does not have national character as it is conducted by the All India Management Association (AIMA) four times every year — enabling more candidates to take part in it. Key details about MAT: MAT Full Form: Management Aptitude Test Mode of Exam: Online (CBT), offline (PBT), and internet-based (IBT) Duration: 150 minutes Sections: Language comprehension, mathematical skills, data analysis & sufficiency, intelligence & critical reasoning, Indian & global environment Eligibility: Bachelor’s degree in any discipline Why choose MAT Various examination modes and dates throughout the year are available on MAT giving examination flexibility as a key point. Moreover, India has more than 600 alternative business school candidates working in large numbers in different cities who are interested in taking this course together with its equivalents at the Asian level. 3. XAT: Xavier Aptitude Test On the other hand, the Xavier Aptitude Test (XAT) is held by the Xavier School of Management (XLRI)(information.careers360.com) Situated in Jamshedpur and is respected by 160 other similar schools conducting business studies in India. XAT exam has lately become known for its decision-making segment among other things that are not restricted to sectional tests only but widen to all possible areas within management discipline. Key details about XAT: XAT full form: Xavier Aptitude Test Mode of exam: Computer-based Duration: 210 minutes Sections: Verbal and logical ability, decision making, quantitative ability and data interpretation, general knowledge Eligibility: Bachelor’s degree in any discipline Why select XAT Especially decision making is hard within the XAT exam whose difficulty level is high. Moreover, if you are targeting entering top management institutes such as XLRI including other XAMI affiliates, then the XAT exam must be put into consideration. Furthermore, before facing it successfully one must understand what it stands for and who can be considered eligible. 4. CMAT: Common Management Admission Test On the other hand, the Common Management Admission Test (CMAT) is made available through the National Testing Agency (NTA) or this test that can be accepted by all those AICTE-approved institutions within the country. Key details about CMAT: CMAT full form: Common Management Admission Test Mode of exam: Computer-based Duration: 180 minutes Sections: Quantitative techniques & data interpretation, logical reasoning, language comprehension, general awareness Eligibility: Bachelor’s degree in any discipline Why choose CMAT Compared to CAT and XAT, CMAT poses fewer challenges but provides more options for students planning to study in MBA programs accredited by AICTE. It is well-suited for those who want to join second-tier business schools across India. You May Also Like: MBA without CAT: Top CAT exam alternatives Differences among CAT, MAT, XAT, and CMAT Difficulty level: CAT and XAT are harder than MAT or CMAT. Frequency: While there are four sessions per year for MAT offering such freedom, CAT, XAT, and CMAT take place once each year. Institutions accepted: Unlike other exams that have broader acceptance across several AICTE-approved institutions, CAT is mainly meant for admission into IIMs, XAT is specifically intended for XLRI and XAMI while MAT as well as CMAT are both AICTE-approved ad hence accepted in several universities. CAT or MAT: Which one is better for MBA? Deciding whether or not to go for an MBA through CAT or MAT depends on your career goals as well as the type of business school you want to enroll in. Selecting CAT would ensure entry into high-ranked institutions like IIMs while a candidate may opt for MAT (Management Aptitude Test) which has more test date options as well as flexibility. Online Manipal: Your path to a flexible MBA Online Manipal provides Different online MBA courses that have been accredited by the UGC and are affiliated with Manipal Academy of Higher Education (MAHE) and Manipal University Jaipur (MUJ) – 2 very prestigious universities. These MBA programs serve different purposes suited to varied needs. If you want to do an MBA program but live very far from where it is being offered, the best option would be through an online university system like Online Manipal. Pursuing an MBA through Online Manipal enables you to receive quality education from recognized institutions. Because of their busy schedules, today’s professional workers find online MBAs very helpful due to their convenience and flexibility. The bottom line When planning for an MBA, it is important not to confuse one with the other – CAT, MAT, XAT, and CMAT have different features and purposes. No matter what type of person you are or what advantages you need, these tests have something for everyone. Before making any decisions about your preferred business school always consider if an online MBA would suit your needs better than a regular MBA. Remember that an appropriate MBA would bring a plethora of opportunities into your life. If you are looking for part-time MBA programs, give Online Manipal a try and you won’t be disappointed! 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)