MBA

Career opportunities after MBA in International Business

MBA in International Business

Joining MBA’s international business programs allows you to pursue one of the most rewarding career paths. There are many promising jobs that you can find once you have gotten your MBA with a specialization in international business. An MBA in International Business gives you an understanding of the global economy at your fingertips. With the rapid pace of development and the changes taking place in the economic scenario it is necessary to offer programs that can prepare students to adapt to conditions and prepare for future challenges and opportunities. Because of this requirement, there are a number of courses like the MBA in International Business that are offered. Among a variety of exams, some courses to which a graduate may appear include the School Readiness Test (SAT), the Graduate Register Examination (GRE) and many others. A graduate is required to make a choice based on his or her preference demonstrating MBA in international business. One of the best course that can be tackled by a student, especially if he is interested in travel around the world.

Scope

An MBA in international Businesses is extremely lucrative in nature. A masters equips you with a varied number of skills and talents building a strong base and knowledge of the trends and strategies applicable in the business world. MBA degrees in International trade/business emphasize on equipping students with advanced management skills, which are crucial to succeed in the global economic environment. The course contents include: economic analysis, team building, international marketing, international management, creativity and innovation, and global financial management. To complete an entire MBA one requires three years but if you wish to earn this academic recognition quickly one can opt for an executive MBA also. Some of these courses covered in an international MBA include

  1. Leadership
  2. Communication
  3. Finance
  4. International Trade businesses
  5. International trade, law etc.

After completion of this international degree one can apply for an extensive number of career opportunities like

  1. International HR manager- Designs, plans, and implements international human resources programs and policies, including staffing, compensation, benefits, visa/green card processing, employee relations, training, and health and safety programs.
  2. Economist – Research and analyze economic Conduct surveys and collect data. Analyze data using mathematical models and statistical techniques.
  3. International trade specialist – Responsible for coordinating credit and financial activities and obtaining payments for import/export operations. Acts as an advisor on matters of tariff, markets, federal and foreign regulations
  4. Import compliance specialist – documents shipments to ensure that they are in compliance with customs rules and regulations. Consulting with customs agents to ease passage of shipments through customs. Import-export specialists also counsel their clients how to reduce duties and taxes owed.

Career opportunities after MBA in International business

Knowledge of how companies work abroad is of great importance for companies looking to operate worldwide. Students while choosing the right institute to pursue an MBA in international business must ensure that the college has a good reputation and will be able to give a global exposure to students. As long as the faculty does not have a global perspective, it will only be able to communicate to students the theoretical knowledge that will not be of great help. There are immense career opportunities available in international affairs in today’s scenario. The MBA in International Business leads to lucrative careers such as the Business Analyst and the Administrative Services Manager. Specializing in MBA in International Business serves as a gateway to the global career and international exposure. You can find many rewarding jobs after completing the MBA International Business Studies programs. You can work as:

  • International HR Manager
  • Economist
  • International Trade Specialist
  • Import Compliance Specialist

To know more about MBA courses :- MBA in marketing: The gist of Marketing Boom of emerging courses in MBA

MBA in marketing: The gist of Marketing

What is MBA in Marketing?

MBA in Marketing is a two-year post graduate course. MBA in Marketing is the most sought out degrees by both students and employers these days. With the shift to digital marketing, many business firms have their own in-house marketing agencies that help in bringing them more customers. Marketing is required for every type of business to improve sales.

 

Who can do MBA in Marketing?

Students who have good communication, leadership and analytical skills can opt for MBA in Marketing. It requires skills to attract customers and increase business. Marketing includes promoting the goods or services through various means to attract clients.

 

What is taught in MBA in Marketing?

Students are taught how to communicate with clients of the company and different strategies to promote sales of the company. Students are taught the concepts of personal sales, sales promotion, public relations, advertising, publicity and marketing communication. Marketing is a huge concept which includes developing strategies to increase sales, improve product quality, attract customers by advertising the products, communicate with clients, solve client queries and maintain healthy public relations.

 

What are the concepts involved in MBA in Marketing?

Students doing MBA in Marketing are taught a variety of skills which can be used in a number of positions across different companies and industries. At the end of the day every employee of a company works for improving the client base of the company. Following are the common courses found within MBA in Marketing:

  • Marketing management
  • Marketing channels strategies
  • Operations management
  • Sales force management
  • Product strategy, branding and marketing
  • Forecasting and modeling strategy
  • Consumer and brand image strategy

 

What are the job options after MBA in Marketing?

  • Sales manager, who has to set sales target, manage the distribution of the goods and services and customer service.
  • Marketing manager, who has to make marketing strategies to attract clients.
  • Product manager, who is responsible for the delivery of goods to the clients, maintains the quality of goods and customer service.
  • Market research analyst, who collects data, evaluates data, conveys the data to the business development team to make marketing strategies.
  • Media planner, who makes advertisement campaigns, puts it across selected media means and helps marketing team meet their targets.
  • Internet/online marketing manager, who manages the digital marketing, search engine optimization and website content.

 

Which top colleges offer MBA in Marketing?

  • Indian Institute of Management, Ahmedabad
  • Indian Institute of Management, Bengaluru
  • Indian Institute of Management, Calcutta
  • Xaviers Labour Research Institute, Jamshedpur
  • Faculty of Management Studies, Delhi
  • Management Development Institute, Gurgaon
  • P. Jain Institute of Management and Research, Mumbai
  • Indian Institute of Management, Indore
  • Indian Institute of Management, Lucknow
  • Indian Institute of Management, Kozhikode

10 Most influential HR professionals in India

  1. Ajoyendra Mukherjee:

Ajoyendra Mukherjee is the Executive Vice President and Head of Global Human Resources at TCS. He plays the crucial role of ensuring that the 300,000 professionals working at TCS are functioning continuously  and are able to tackle the daily challenges and of the industry. As a HR professional, he has been taking initiatives to build a skilled and highly talented work force. He has played a key role in attaining a number of awards for Talent Management for TCS.

  1. Nandita Gurjar:

Nandita Gurjar is the Senior Vice President and Head HR at Infosys. She headed the HR department at Infosys BPO. Her performance has been very appreciable in leveling up the HR department as the business grew to US$ 250 million with 16,000 employees, five offices in India and six global offices. She had joined Infosys in 1999 and established the Learning and Development unit to train employees and set bench marks for growth and development. She is a member of the World Economic Forum – Global Advisory Council on New Models of Leadership. She has been listed as one of the Most Powerful Women in India and has been awarded the Human Capital Business Leader of the Year Award.

  1. Saurabh Govil:

Saurabh Govil is the Chief Human Resources Officer and President at Wipro. He leads all the Human Resources functions for Wipro and reposts directly to the CEO. In his position he is responsible for Talent Acquisition, Talent Engagement and learning and development initiatives across the company. He has done his Masters in Human Resources from XLRI, Jamshedpur. He is the member of the Advisory Board of SHRM India. He is a speaker st NASSCOM’s HR summit. He is an author to NHRDN’s journal.

  1. Rajan Dutta:

 Rajan Dutta is the president of Human Resources at Reliance Communications (RCOM). His range of authority involves engagement, development and ensuring operational excellence. His very first task is to create a “happy people’s organization” by motivating all employees to work efficiently and productively. To achieve operational excellence, RCOM initiates several development-centric programs to boost employees’ confidence and competence. To accomplish the company’s tasks, Dutta ensures there is active employee participation, involvement and engagement. Dutta has an experience of 27 years in the fields of HR and Total Quality Management.

  1. Joji Sekhon Gill:

Joji Sekhon Gill is the Strategic HR Director at DuPont South Asia. She is responsible for managing the Talent Strategy for DuPont’s South Asia region. Before joining DuPont she was the director for Human Resources for Microsoft India since April 2006. There she was responsible for combining the strategies of the people of all the six Microsoft businesses in India. Joji has more than 23 years of experience in HR and has lived and worked in 3 different continents.

  1. K.Srivastava:

Dilip Kumar Srivastava is the Head of HR, HCL Corporation and Shiv Nadar Foundation. It is his job to drive strategies around talent, culture and organizational effectiveness at HCL. Under his authority, the HR designs and functions programs to attract, cultivate, train and engage talent, and manage the building of well-performing organization. He has been around with HCL for the past 18 years. Nestle, Tata and L&T amongst the well known companies he has previously worked with. D.K. is very determined to empower every employee of HCL so that they put in their best efforts to build a dynamic organization.

      7. K Ramkumar

Ramkumar is the Executive Director and Head of Operations and HR at ICICI Bank. He has 24 years of experience in the HR field in both private and public sector organizations. He is currently heading the Human Resources Management at ICICI Bank. Prior to this he has worked in Hindustan Aeronautics, Hindustan Lever Limited and ICI India Ltd. He has worked in areas of success management, recruiting, learning and development of employee relations.

  1. Leena Nair:

Leena Nair is the Executive Director- HR at Hindustan Unilever Ltd. She is an MBA in Personnel Management & Industrial Relations and a gold medalist from XLRI, Jamshedpur. She had joined HLL in 1992 as a Management Trainee. She worked as Factory Personnel Manager Madras, Personnel Manager Taloja and Personnel Manager, HO. In 1997 she got promoted to Management Development Planning Manager, and moved as HR Manager- Detergents in April, 2000. In October 2004, she was appointed as General Manager- HR HPC.

  1. Mandeep Maitra:

Mandeep Maitra is the Country Head- HR at HDFC Bank. She has over 19 years of experience in her field. She has degrees in Bachelors in Psychology Honours from Lady Sriram College, Delhi University and Masters in Personnel Management & Industrial Relations from Tata Institute of Social Sciences, Mumbai. She started her career with Eicher Tractors and played the lead role in Eicher’s modernization programme. Later, she moved to the HR function of Retail banking ANZ Grindlays Bank. Apart from handling HR functions, she also managed critical public issues during tough times such as the scam in 1992. After this she worked for three years at Arthur Andersen at a Senior Management Position. She was a part of the core team which took strategic HR initiatives and Best people Practises across Europe, Middle East and Asia.

  1. Abhijit Bhaduri:

Abhijit Bhaduri is the HR Director at Microsoft Corporation Pvt Ltd. He did his Bachelpr’s degree in economics from Shri Ram College of Commerce, Delhi University and his Masters in Human Resources from XLRI, Jamshedpur. He has a work experience of over 20 years in HR Management across different industries and countries. He has previously worked with companies such as Eicher, Goodearth, Tata Steel, FMCG firms like Colgate-Palmolive and PepsiCo. He has won Global Talent Sustainability Award for his HR initiatives for employee relations development and engagement.

 

 

Top 10 companies recruiting MBA in HR

  1. Reliance:

Reliance is an Indian company. It is engaged in businesses across India in energy, petrochemicals, natural resources, telecommunications, retail and textiles. It was founded by Dhirubhai Ambani in 1966. It is the third largest profitable company in India. It has been ranked 8th in the Top 250 Global Energy Companies by Platts in 2016.

  1. KPMG:

KPMG stands for Klynveld Peat Marwick Goerdeler. It is a professional service company and belongs to the Big Four Audit Companies, with PwC, Deloitte and Ernst & Young. It provides three services: Audit (40%), Advisory (38%) and Tax (22%).

  1. WIPRO:

WIPRO stands for Western India Palm Refined Oils Limited. It is an Indian company which deals into both IT and non-IT businesses. It was founded by Mohamed Hasham Premji on 29th December, 1945.  It was basically a software technology, services and consulting company before it announced its demerger in 2012. It now deals with consumer care products, lighting, furniture, infrastructure engineering and medical diagnostic business in a separate company called Wipro Enterprises Ltd, which is its demerger.

  1. Deutsche Bank:

Deutsche Bank is a German Multinational Bank. It provides financial products and services to corporate companies, private and business clients. It mainly does business in investment banking and its other services include sales, mergers and acquisitions, risk management products such as corporate finance, derivatives, retail banking, wealth management, fund management and transaction banking.

  1. L’Oréal:

L’Oréal is a French cosmetics company. It was founded in 1909 by Eugẻne Schueller. It is the world’s largest cosmetic company and trades in a variety of products relating to hair color, skin care, sun protection, make-up, perfume and hair care. The company also works in fields of dermatology, toxicology, tissue engineering and biopharmaceutical research fields and holds the first position in nanotechnology patent-holder in the United States.

  1. Larsen & Toubro:

Larsen & Toubro Limited (L&T) is an Indian multinational company. It does business in design and development, information technology, financial services and production of goods. It is a conglomerate company consisting of various subsidiaries such as L&T Realty which deals in real estate development, L&T Infotech Limited which offers IT technology, software and services, L&T Technology Services which operates in global engineering, Research and Development, testing and servicing of industrial products, medical devices, aerospace, telecom and process industries and L&T Sonar which undertakes solar energy projects.

  1. Infosys:

Infosys is an Indian multinational company. It provides business consulting, outsourcing services and Information Technology services. It was founded on 7th July, 1981 by Narayan Murthy. It is headquartered in Bengaluru. Infosys is the second largest Indian IT services company and the largest employer of H-1B visa professionals in the US.

  1. PepsiCo:

PepsiCo, Inc. is an American multinational company. It mainly deals in the production, marketing and distribution of grain-based packed foods, beverages, and other products. The most well known products of this company are Pepsi, Diet Pepsi, Gatorade, Mountain Dew, Lay’s, Tropicana, 7 Up, Lipton Tea, Brisk, Doritos, Quaker foods, Cheetos, Mirinda, Aquafina, H2oh, Pepsi Max, Mist Twist, Fritos and Ruffles.

  1. Aditya Birla Group:

Aditya Birla Group is an Indian Multinational Company. It was founded by Seth Shiv Narayan Birla in 1857. It is headquartered in Worli, Mumbai, India. It does business in sectors metals, cement, agribusiness, chemicals, viscose staple fibre, clothing, e-commerce, financial services, fertilizers, carbon black, textiles, wind power, retail, mining, telecommunications and trading solutions. It is the third largest Indian private sector conglomerate behind Tata Group.

  1. Makemytrip:

Makemytrip Inc. is an Indian online travel company. It was founded by Deep Kalra in 2000. It is headquartered in Gurgaon, Haryana. It provides online travel services such as domestic and international vacation packages, fight tickets, hotel booking, rail and bus tickets etc. Apart from full time online portal, it also assists its clients through 65 retail stores. It has also launched travel applications for Windows phones, IPhones, Android phones and BlackBerry phones.

Top 10 colleges providing MBA in HR

  1. XLRI Jamshedpur:

XLRI (Xavier School of Management) is a business school based in Jamshedpur, Jharkhand, India. It was founded in 1949 by the Society of Jesus (Jesults). It offers a two-year full time Human Resource Management Program which is the oldest and the most eminent program than all other programs which the institute offers. At the end of two years students get the certificate of Postgraduate Diploma in Human Resource Management.

  1. Tata Institute of Social Sciences:

The Tata Institute of Social Sciences is based in Mumbai, India. It is one of the most recognized institutes for social sciences, Human Development, Labor Relations and Personal Management. It belongs to the Tata Trusts and other institutes which also are a part of the same trust are Indian Institute of Sciences (IISc) and Tata Institute of Fundamental Research (TIFR).

 

  1. Management Development Institute, Gurgaon:

It is a public business school which was founded in 1973. It is based in Gurgaon, Haryana, India. It started the PGPHRM (Post Graduate Program in Human Resource Management) in July, 2004. It holds rank in Top 10 Best B-Schools for HRM in the country because of its excellent curriculum.

 

  1. Symbiosis Centre for Management and Human Resource Development, Pune:

It is renowned institute for producing excellent and dynamic leaders and entrepreneurs. It was founded in 1973 and its MBA program has great value in the country. It produces the best leaders in the fields of marketing, finance, HR, Operations and Business Analytics.

 

  1. Symbiosis Institute of Business Management, Pune:

Symbiosis Institute of Business Management was formed in 1978 and is based in Pune, India. This course enables the students to develop the skills needed for successful human resource management. It aims at keeping the students at par with the current corporate practices in the market. The course focuses on people managing and interpersonal skills, to help students become strategic and dynamic business managers.

 

  1. Indian Institute of Management, Lucknow:

The  Indian Institute of Management, Lucknow (IIM-L) is an autonomous B-School situated in Lucknow, Uttar Pradesh, India. It was formed in 1984 as the fourth Indian Institute of Management by the Indian Government. The MBA in Human Resource Management program aims at providing cutting edge expertise about maintaining human relations and social skills and make students realize what is expected from a successful professional in the banks, financial institutions and corporate sector.

 

  1. Xavier Institute of Management, Bhubaneswar:

The Xavier Institute of Management, Bhubaneswar was established in 1987. It started the HRM program in 2011where it mainly focuses on labor laws and industrial relations. It has been successful in nourishing the young HR leaders who are ready and competent enough to manage the challenging position of current-day Human Resource Manager.

 

  1. Indian Institute of Management, Ranchi:

The PGDHRM at IIM Ranchi is based on the understanding of this continuous changing process. The course curriculum is made in such a manner that it seeks to provide to its candidates detailed business knowledge, skilled HR Management Strategies and its applications. The excellent teaching faculty at IIM, Ranchi trains the HR aspirants different methods to tackle different complex situations that may arise in an organization.

 

  1. NMIMS, Mumbai:

The two-year Post Graduate Diploma Program in Human Resource Management is structured to develop and enhance the people management skills. Over the four semesters, the students are taught the core foundations of management and develop people into efficient resources. The program is designed to develop general management skills in the first year and learn about human resource methods in the second year. Throughout the course students are taught about talent training, recruiting, retention, industrial relations, organizational skills and how to use these concepts practically in the corporate environment.

 

  1. MHROD, University of Delhi:

The M.H.R.O.D/MBA (HRD) program of the Department of Commerce has been structured to reach the needs of industry and business for professionally skilled Human Resource Managers. In the current liberalized Indian economy, corporate experts are among the primary resource personnel needed for corporate decision making. Also, the current personnel need to innovate their perspectives in order to be at par with the changing scenario of industrial relations departments of the organization. MHROD’s/MBA (HRD)’s main goal is to provide quality education to aspiring HR managers who will have expertise in human resource and business development.

MBA

5 Cool Courses To Do Before Your MBA

Just cracking MBA entrance exam like CAT, XAT are just the beginning of the rat race, the pressure you feel during your preparation phase is just a fraction of what a MBA student of top notch college faces throughout two years. But it’s absolutely great platform to learn from peers and industry experts. In top bracket MBA College you will face intense peer to peer competition where you need to prove yourself stronger candidate. Profiles matters a lot at every point in time during your MBA.

Here we have come up with few cool courses which you can do before your MBA getting started

Big Data:

For companies big and small, knowing how to manage data is essential for getting an edge over the competition. That’s why Big Data is emerging as one of the fastest-growing fields in the tech industry, and employers are looking for experts who know their way around data clusters. Even the smallest businesses generate data these days.  If the business has a website, a social media presence, accepts credit cards etc., even a one-person shop has data it can collect on its customers, its user experience, web traffic, and more. This means companies of all sizes need a strategy for big data and plan of how to collect, use, and protect it. This also means that savvy businesses will start to offer data services to even very small companies.

It also means that businesses that never thought big data would be “for them” might be crawling to catch up. So if you already know how to play with data, you already earn extra edge over others

 

Adwords:

The marketing world has changed in recent years and AdWords is the platforms creating this change. It’s one of the most effective methods of paid online advertising available. This advertising system is used by thousands of small, medium and large organizations. All of these organizations have one thing in common. They want to tap into the huge numbers of people who search for information, products and services online. When used properly, Google AdWords has the potential to send large numbers of people to you who want exactly what you have to offer. Google dominates mobile search advertising, taking 97% of mobile search spend and Google display campaigns reach 80% of global internet users.

These are the main reasons you should be learning Google AdWords. 

Facebook Marketing

Facebook continues to be one of the emerging social media sites, as the number one spot where friends connect and share online. More than just a meeting place, Facebook has grown into a venue for businesses to market themselves through interaction with customers and self-promotion. A Facebook page is a great free marketing tool for businesses. These pages let businesses identify themselves – not just through listing product offerings and services, but also by sharing links, images, and posts on a customizable page to give a better sense of a business’s personality and character. Since Facebook is way easier than google, many SME and startups are coming on facebook business plateform. Understanding this gigantic digital platform will definitely create buzz on your CV

Google analytics:

Most folks who choose Google Analytics do so because

 

  • It is really powerful (“enterprise-class”) software.  
  • The Standard version is free.
  • Cloud infrastructure allows to rip through large data sets
  • clean User Interface.
  • use data to make informed business decisions.


That last point is the most important one.  Let’s not be naive; data on its own is meaningless. But when used properly, data will assist you see what’s working well, what’s not working. Google Analytics not only lets you measure sales, but also gives you deep insights into how visitors use your site, how they arrived on your site, and how you can keep them tracking down.

Negotiation skills

The most important thing which you would be doing in your MBA and after MBA is bargaining and negotiation. Communication and your convincing power can help you standing out of crowd. The success and failure of projects often hinges on the project manager themselves, and their ability to negotiate plays a direct role in the overall outcome. As such, it’s difficult to overstate the importance of negotiation tactics in project management. Project managers are constantly at odds with other forces while trying to obtain sufficient budgets, talented workers and dealing with the countless unforeseen setbacks that can arise. The difference between a project manager who can negotiate and one that can’t is that the one that can’t will probably be out of a job before too long.

 

 

 

Mock Tests – Must know facts for an MBA aspirant

As humans, the things we must learn, we do by practicing them. As it is said, ‘Practice makes a man perfect’, and to learn for securing high percentiles top management entrance exam, aspirants must practice from Mock Tests. Mock test plays a vital role to determine the level of preparation for the actual test. It is practice exam or a revision attempt for the studentto prepare for an upcoming examination. After taking a mock test, a candidate can evaluate his performance and check in which areas requires attention and practice.

 Why Mock Test?

A Mock test is the most effective method of evaluating your current preparation level and re-strategize your future preparation plans. It also makes you familiar with the type of questions which might appear in the actual MBA entrance examination. If you solve past 5 years’ questions of CAT, you have high chances to crack the exam with a good percentile.

Also, If you are taking a mock test in a proctored environment, it will make you familiar to, the exam taking strategy and the time management as required for the exam day. It also will expose you to the stress and exam environment you may be exposed to on the actual D-day.

Therefore, every candidate should expose themselves to full-length mock tests in proctored situation.   After Identifying and rectifying on your weak areas and being fully prepared,one canattempt the exam with confidence. Mock. tests must be an integral part of your preparation strategy. You must start taking them at least 2 months from the test.

Mock tests tell candidates which topics they have already mastered. They can then direct their learning to other areas and spend minimal further time on the topics they already know.

 Give sectional mock tests

Since CAT 2016 will have three sections with a sectional time limit of 60 minutes, it is important to strategize Mock tests in such a way that you complete one section before time. Mock tests will let you check your sectional preparation, and will let you get familiar with the changes.

Analyze your strong and weak sections

Mock test will make you analyze which is your strong and weaker section. By knowing this you will be able to focus more on your weak section. You will also be able to know which section you must attempt first in the actual test, to save time and energy for the difficult section.

Keep buffer time

When you start preparing for an exam through a mock test, it is important that you keep a minimum of 20 minutes’ buffer time to finish the test. Keeping buffer time in the mock test will let you know your time management strategy. Also, practicing the test with a buffer time will give you ample of time to complete the exam on the actual test day.

 

Boom of emerging courses in MBA

  1. Social entrepreneurship:

It is a postgraduate business study program.  This program aims to build sector professionals who aspire to competitive and complex situations. The MBA in Social Entrepreneurship teaches students to develop strategic skills to deal with public needs with a combination of entrepreneurial practises and social aims through non-profit, for-profit or governmental sectors. Students are taught how to apply entrepreurship skills to social enterprise so that their decision results in the collective good. Societies are searching for convenient ways to provide socially important products in education, health, social and environmental development. This calls for the need of such professionals who can manage this social enterprise with a philanthropic attitude and entrepreneurship skills. This program is offered in NMIMS School of Business Management amongst the top colleges.

  1. Fashion design:

Fashion is a constantly-changing and important aspect of major international brands. But with the growth of online shopping and its increasing demand, the fashion industry has also expanded. This has led to the concept of fashion management in India. MBA in Fashion Management is two-year postgraduate course which includes concepts such as Business Research, Fashion Illustration, Product Design, Fashion Retailing, Marketing, Apparel Manufacturing and Control, Fashion Entrepreneurship, Fashion Supply Chain Management etc. Professionals with MBA in Fashion Design can work as Product Manager, Customer Relationship Manager, Fashion Promotion Manager, Visual Manager, Marketing Manager, Product Designer etc. This program is offered in Indian Institute of Fashion and Design-Chandigarh, Indian Institute of Fashion Technology- Bengaluru, Hassan, Bijapur and Belgaum  amongst the top colleges.

  1. Business analytics:

This program involves processes which convert data into knowledge and ideas through which business decisions are taken. MBA in Business Analytics helps acquire knowledge and proficiency in various analytical tools and use them to collect and understand data for business decisions. This concept majorly uses statistical and quantitative analysis, performance management, metrics, predictive modeling etc. It involves important topics such as data analytics, spreadsheet modeling and analysis,  business analytics, statistics, applied business intelligence, legal aspe cts of business etc,

  1. Family business:

Today 67% of the global market belongs to the family business. Family managed businesses have their own set of challenges and problems which might be different in different types of businesses. However, it is necessary for the younger generation to be well-equipped and one step ahead of their previous generations to keep up with their family businesses. This has led to the demand of MBA in Family Business. This course teaches the students who are interested in continuing their family business and taking it to greater heights, the universal issues and problems of family businesses. Students learn to tackle complex situations and structures, business skills, innovative skills to be at par with the current market trends.  This course is offered in IIM Bangalore, SP Jain school of Global Management, SP Jain Institute Of Management and Research and NMIMS amongst the top colleges.

  1. Sports management:

A profession in sports is not just confined to athletes anymore. An MBA in Sports Management opens opportunities to many jobs under this domain. This MBA program focuses less on theory and more on practical as in it concentrates more on actual implementation of this theory. It also includes business fundamentals such as finance, operations, organization innovation, marketing and entrepreneurship.

  1. Public policy and management:

The MBA in Public policy and management aims to strengthen the public policy and managerial skills in the current day where the gap between the public and private sectors is increasing. Out of many people who have done this course have secured senior positions in different ministries of the government, the Railway Board, SEBI, TRAI and FMC, Planning Commissions, UN Bodies etc. They also have positions in state and central PSUs like GAIL, BSNL, BMTC and MAHDA, JN Port etc. The students are mostly civil servants and public officials of the government.

  1. Rural management:

The MBA in Rural management develops dedicated leaders with business fundamentals, management skills, ideas to tackle complex challenges faced by the organizations which work for the rural development of the country. It involves the understanding, planning, organizing, directing and controlling of co-operatives, incentives and agribusiness. It combines the concepts of business studies and rural development. As a part of the program, students are made to travel to rural areas, solve case studies and interact with rural people and address to their issues.

 

 

 

 

Top 10 companies recruiting MBA in Operations

1. Airtel:
Bharti Airtel Limited is an Indian global telecommunications services company. It is based in New Delhi, India and operates in 18 countries. It was founded by Sunil Bharti Mittal on 7th July 1995. It is the largest mobile network operator in India and the third largest in the world. Its net worth is $7 Billion.

2. Amazon:
Amazon is an American electronic commerce and cloud computing company. It is based in Seattle, Washington and was founded on 5th July, 1994, by Jeff Bezos. Amazon started as an online bookstore, later expanding its business into electronics, video games, furniture, clothes, jewelry, kindle e-readers etc. It also sells products like USB cables under its in-house brand AmazonBasics. It was in the third quarter of 2016 the fourth most valuable public company. It is the largest e-commerce retailer in the world by total sales and market capitalization.

3. Samsung:
Samsung is a South Korean multinational conglomerate company. It was founded on 1st March 1938 by Lee Byung-Chul. It is headquartered in Seoul, South Korea. It makes consumer electronics, electronic components, chemicals, DRAM, solid state drives, home appliances and telecommunications.

4. Wipro:
Wipro is an Indian IT company. It was founded by Mohamed Hasham Premji on 29th December, 1945. It trades in Information Technology consulting and services and digital strategy. It is headquartered in Bengaluru.

5. Procter & Gamble:
Procter & Gamble Co. is an American consumer goods company. It was founded on 31st October, 1837by William Procter and James Gamble. It is headquartered in Cincinnati, Ohio, USA. It trades in a wide range of products such as cleaning agents, personal care and hygienic goods.

6. Johnson & Johnson:
Johnson & Johnson is an American multinational company. It was founded in 1886 by Robert Wood Johnson I, James Wood Johnson and Edward Mead Johnson. It is headquartered in New Jersey, U.S. It sells medical devices, pharmaceutical and consumer packaged goods. Its well known consumer products include Band-aid brand line of bandages, baby products, beauty products, Tylenol products, clean & clear face wash and Acuvue contact lenses. It is listed among the Fortune 500.

7. Colgate-Palmolive:
Colgate-Palmolive Company is an American company. It was founded in 1806, by William Colgate. It is headquartered in New York, U.S. It mainly focuses on the manufacturing and distribution of household, health care and personal products like soaps, detergents, toothpastes and toothbrushes.

8. Uber:
Uber is a American transportation network company. It was founded in March, 2009 by Travis Kalanick and Garrett Camp. It is headquartered in San Francisco, California, United States. It operates worldwide in around 570 cities. It lends its vehicles for hire to customers at nominal rates. It operates through Uber App software which works only on smart phones. It connects the drivers to the customers.

9. Flipkart:
Flipkart is an Indian e-commerce company. It was founded in October 2007, by Binny Bansal and Sachin Bansal. It is headquartered in Bengaluru, Karnataka. It sells a variety of goods such as electronics, furniture, clothing, beauty products, grocery, toys, shoes etc. It operates business through internet and also offers home delivery and pick up facilities. It transacts through net banking as well as cash on delivery. It was valued at $11.6 billion as of April, 2017.

10. Cummins:
Cummins is an American company. It was founded in 1919, by Clessie Lyle. It is headquartered in Columbus, Indiana, U.S. It designs, produces and distributes filtration, engines, fuel systems, air handling systems and power generation goods. It trades in 190 countries through approximately 600 company-owned distributers and 6000 dealers.

marketing

Dilemma Between MBA Finance and Marketing

We often come across a lot of students having confusion about whether they should go for MBA in Finance or should they go for MBA in Marketing. The answer to each confusion related to this topic is that it all depends on the student’s interest as both these fields have wide scope and opportunities that allows one to have an established career.

MBA in Finance is for those who have interest in numbers and like to keep track of each detail. This field has wide range of opportunities like Finance Analyst, Budget Analyst, Personal Financial Advisor, Credit Risk Management Analyst.

MBA in Marketing is for those you love to be creative in their work and have effective communication skills as well as have a liking towards managing the networks. The opportunities in this field are many, such as Marketing Manager, Branding Specialist, Marketing Analyst, Advertising Executive.

In both professions, one can get good salary package as the years go by. The starting salary at the entry level is between ₹20,000 – ₹50,000 per month. Then when the individual enters the middle level the package goes up to ₹60,000 – ₹1.2 Lakh per month. At the senior level gets a package salary that goes above the earlier mentioned salary packages.

Mostly, the confusion regarding MBA in Finance and MBA in Marketing arises since most of them are not aware about the careers scope, opportunities, jobs, colleges. Also, most of them are unaware of what catches their interest. There are many who go for either finance or marketing just because it is now the ‘Massive thing’ or companies dig for graduates from ‘MBA in Finance’ / companies dig for ‘MBA in Marketing’.

Which is not the case, because finance and marketing are two important pillars in each business/firm/company. Without these pillars, it is very difficult to run a company. Also, competition in the market is another reason for students/individuals to have a dilemma regarding this subject.

There are companies in large numbers who are waiting to hire graduates and professionals from both these streams. Big and small companies, start-ups, multi-national companies everybody is looking for the right candidate.

http://catking.in/2017/05/23/career-opportunities-mba-finance/

Career Scope After Marketing MBA

Conclusion:

So, to conclude, one has nothing to be confused about as they must just inspect themselves and look for the qualities that MBA in finance or marketing requires one to have. And, also don’t forget to inspect your interest because you may qualify to their requirement but they should light up your interest towards them.

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