MBA Archives | BML Munjal University https://www.bmu.edu.in/category/mba/ Best Private University in Delhi NCR, Gurugram - BML Munjal University (BMU) Fri, 01 Dec 2023 12:52:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 https://www.bmu.edu.in/wp-content/uploads/2023/06/cropped-fevicon-32x32.png MBA Archives | BML Munjal University https://www.bmu.edu.in/category/mba/ 32 32 Unleashing Innovation: How Computer Science Engineering and an MBA Course Syllabus Fuel Entrepreneurial Success https://www.bmu.edu.in/social/unleashing-innovation-how-computer-science-engineering-and-an-mba-course-syllabus-fuel-entrepreneurial-success/ Thu, 30 Nov 2023 12:38:53 +0000 https://www.bmu.edu.in/?post_type=social&p=99054 In an era where technology and business intertwine, combining a Computer Science Engineering degree with an MBA holds immense potential for those aspiring to lead innovation and entrepreneurial ventures. Unleashing […]

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In an era where technology and business intertwine, combining a Computer Science Engineering degree with an MBA holds immense potential for those aspiring to lead innovation and entrepreneurial ventures. Unleashing creativity and strategic insights, students pursuing this dual degree combination soon understand why it has become a crucible for entrepreneurial triumph. This interdisciplinary approach designed by the world-class faculty at the School of Management, BMU enhances problem-solving capabilities, to help graduates seamlessly bridge the gap between business and technology.

The dual expertise opens doors to diverse career paths, from technology entrepreneurship to managerial roles in tech-driven enterprises. This dual qualification offered at top universities such as BMU empowers individuals to thrive in an ever-evolving global marketplace, positioning them as invaluable assets in today’s dynamic professional landscape.

Understanding Computer Science Engineering: The Tech Foundation

Before we delve into the powerful fusion of Computer Science Engineering and an MBA, let’s first understand the robust foundation laid by a degree in Computer Science Engineering.

1. Core Technical Competencies

Computer Science Engineering imparts a deep understanding of core technical competencies. From programming languages to algorithms and data structures to system architecture, students gain a solid technical footing that is the bedrock for innovation.

2. Specializations in Emerging Technologies

The field of Computer Science Engineering constantly evolves with emerging technologies. Students get the opportunity to specialize in artificial intelligence, machine learning, cybersecurity, and data science, positioning themselves at the forefront of technological advancements.

3. Problem-solving and Critical Thinking

The essence of Computer Science Engineering lies in problem-solving and critical thinking. Graduates train to approach challenges analytically, devise efficient solutions, and think creatively—a skill set that transcends the boundaries of technology.

Decoding an MBA: Bridging Tech and Business

Now, let’s shift our focus to the MBA course syllabus and how it complements the technical prowess gained in Computer Science Engineering.

1. Business Fundamentals

An MBA curriculum introduces students to fundamental business concepts such as marketing, finance, operations, and strategic management. This broadens their perspective beyond technology, fostering a holistic understanding of the business landscape.

2. Leadership and Management Skills

Entrepreneurship demands not only technical expertise but also effective leadership and management skills. MBA programs nurture these skills, preparing graduates to lead teams, make strategic decisions, and navigate the complexities of the business world.

3. Entrepreneurship and Innovation Modules

Many MBA programs offer specialized modules in entrepreneurship and innovation. These modules delve into the intricacies of launching and managing a business, fostering an entrepreneurial mindset crucial for tech-driven ventures.

The Synergy Unveiled: Advantages of Computer Science Engineering + MBA

1. Holistic Skill Set

The combination of Computer Science Engineering and an MBA cultivates a holistic skill set. Graduates emerge with the ability to develop cutting-edge technologies and strategically position them in the market.

2. Catalyst of Innovation

The combination of technological expertise and business acumen acts as a catalyst for innovation. Graduates find themselves uniquely positioned to identify market gaps, envision tech solutions, and translate them into successful entrepreneurial ventures.

3. Strategic Decision-Making

The strategic decision-making skills honed through an MBA enable graduates to navigate the complexities of entrepreneurship. From market analysis to financial planning, B. Tech+MBA grads can make informed decisions that drive business success.

Navigating B.Tech and MBA Placements: A Launchpad for Entrepreneurial Journeys

1. Diverse Placement Opportunities

B.Tech placements for Computer Science Engineering graduates are diverse and abundant. From leading tech corporations to startups, graduates have the opportunity to kickstart their careers in roles ranging from software development to system architecture. However, when coupled with an MBA, engineering graduates end up being at the higher placement spectrum when compared to their peers due to their technical acumen.

2. Corporate Exposure

Employable in reputed tech companies, B. Tech + MBA placements provide valuable corporate exposure to these dual-degree graduates. Their course enhances technical skills and offers insights into how businesses operate, laying the groundwork for future entrepreneurial endeavours.

3. Networking Opportunities

B.Tech and MBA placements often open doors to extensive professional networks. Engaging with professionals in the tech industry provides invaluable connections and potential collaborators for future entrepreneurial ventures.

Success Stories: Know Entrepreneurs with a Tech + MBA Background

To further illustrate the potential of this winning combination, let’s explore some real-world success stories:

1. Sundar Pichai – Google CEO

Sundar Pichai holds a master’s degree in Computer Science from Stanford and an MBA from the Wharton School of the University of Pennsylvania. His combined technical expertise and business acumen played a pivotal role in his ascent to the position of CEO at Google.

2. Satya Nadella – CEO of Microsoft

Satya Nadella pursued his MBA from the University of Chicago Booth School of Business and would travel between Seattle and Chicago every weekend to pursue his dream qualification. Satya believed that his MBA helped him easily tackle complex business problems at Microsoft.

Challenges and Strategies for Aspiring Tech Entrepreneurs

1. Bridging the Communication Gap

Tech entrepreneurs often face the challenge of effectively communicating their innovations to non-technical stakeholders. This emphasizes the importance of honing communication skills during the MBA program.

2. Staying Updated on Technological Trends

In a fast-paced tech landscape, staying updated on technological trends is crucial. Continuous learning and engagement with tech communities help entrepreneurs remain at the forefront of innovation.

3. Balancing Risk and Innovation

Entrepreneurship inherently involves risk. MBA programs instil a strategic approach to risk-taking, enabling graduates to balance innovation with calculated decision-making.

A Dynamic Future Awaits

BML Munjal University has always been at the forefront of education, equipping its graduates with cutting-edge skills that help them solve tomorrow’s problems with innovative ideas. The rich case- and experience-driven curriculum at BMU Business School helps students develop leadership and management skills that set a foundation for their future. Equipped with vital real-world knowledge acquired during practice school and BMU’s unique Global Leadership Program, students gain first-hand experience in solving the problems that businesses face and learn how to apply them in their entrepreneurial ventures.

Final Thoughts

Computer Science Engineering and MBA create a potent mix that propels individuals toward entrepreneurial success. As technology continues to reshape industries, those equipped with technical prowess and business acumen are poised to innovate and drive the next wave of transformative ventures. The dynamic future of entrepreneurship belongs to those who can navigate the intersection of technology and business, and the amalgamation of Computer Science Engineering and an MBA from BML Munjal University provides the winning formula for such trailblazers.

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Bridging the Gap: Elevating Careers with an MBA in Finance – Exploring the Synergy of Finance and Engineering Expertise https://www.bmu.edu.in/social/bridging-the-gap-elevating-careers-with-an-mba-in-finance-exploring-the-synergy-of-finance-and-engineering-expertise/ Wed, 22 Nov 2023 12:43:48 +0000 https://www.bmu.edu.in/?post_type=social&p=99055 In a world where technology rules the roost, pursuing professional excellence leads engineers and entrepreneurs to explore the dynamic realm of finance. In fact, most entrepreneurial and C-level engineering leaders […]

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In a world where technology rules the roost, pursuing professional excellence leads engineers and entrepreneurs to explore the dynamic realm of finance. In fact, most entrepreneurial and C-level engineering leaders reach a point where financial acumen becomes an essential part of their job—and their ladder to success. However, with most engineering courses focused on tech and not the understanding of finance required to run a business, an MBA in Finance from the School of Management at BMU becomes the ultimate tool for engineers to propel themselves toward leadership and business success.

Understanding MBA in Finance as A Gateway to Strategic Leadership

An MBA in Finance equips individuals with a comprehensive understanding of financial principles, strategic decision-making, and leadership skills. For engineering professionals, this program becomes a catalyst for expanding their horizons beyond technical domains.

Strategic Financial Management

A key component of the course syllabus is strategic financial management. This module empowers learners to make informed business decisions that align with organizational goals, a skill set crucial for engineering professionals seeking leadership roles.

Investment Analysis and Portfolio Management

Engineers venturing into finance benefit from modules on investment analysis and portfolio management. These topics provide insights into optimizing investment strategies and managing financial portfolios effectively.

Engineering and Finance: A Unique Career Trajectory

Engineers, known for their analytical prowess, find an MBA in Finance enriching as it hones their analytical skills in a financial context. This blend of technical and economic analysis becomes a powerful asset in decision-making.

2. Leadership Development
An MBA in Finance from BMU emphasizes leadership development, equipping engineering professionals with the skills to lead financial teams, make strategic decisions, and drive organizational success.

3. Financial Modeling for Engineers

The course often includes training in financial modelling, where engineers can leverage their quantitative skills to create accurate economic models—a much-needed skill in financial firms.

Building Blocks for Success with an MBA in Finance

1. Financial Reporting and Analysis
Understanding financial statements is foundational. The course syllabus includes financial reporting and analysis modules, providing insights into interpreting financial statements critical for decision-making. Additionally, engineers exploring finance-based courses benefit from studying corporate valuations, which deepens their understanding of how businesses are valued.

2. Risk Management and Derivatives
Risk management and derivatives are integral components. Engineers are accustomed to risk analysis and find these modules valuable as they delve into managing financial risks and understanding derivative instruments.

3. Business Ethics and Financial Regulations
An emphasis on ethical considerations and financial regulations ensures that engineering professionals entering the financial sector are well-versed in ethical practices and compliance.

Career Opportunities: Engineering Professionals in Finance-Driven Industries

1. Investment Banking
Engineers play pivotal roles in shaping financial transactions, from mergers and acquisitions to financial advisory. The analytical skills of engineers, coupled with financial insight gained through an MBA, make them well-suited for roles in investment banking.

2. Financial Consulting
Engineers often transition into financial consulting roles. Their problem-solving abilities and financial expertise provide valuable insights and solutions to clients facing economic challenges.

3. Corporate Finance Management
Leading corporate financial teams becomes a natural progression for engineering professionals with an MBA in Finance. They contribute to strategic financial planning, budgeting, and overall financial health.

4. Entrepreneurship and Financial Startups
The fusion of engineering and finance is essential for those venturing into entrepreneurship, especially in financial startups. The ability to innovate coupled with financial savvy positions engineers as impactful entrepreneurs in the fintech landscape.

Navigating the Crossroads of Engineering and Finance—Strategies and Challenges

1. Bridging the Communication Gap
Engineers must develop strong communication skills to convey complex financial concepts to diverse stakeholders, including non-finance professionals.

2. Continuous Learning and Adaptability
The financial landscape is dynamic, and staying abreast of regulatory changes and market trends is crucial. Engineers must adopt a mindset of continuous learning to navigate the evolving economic environment.

3. Networking in Finance Circles
Building a robust professional network within the finance industry is vital. Engineers can leverage industry events, networking platforms, and mentorship opportunities to connect with finance professionals and stay informed about industry trends.

Success Stories: Engineers Leading in Finance

An MBA in finance has immense possibilities for engineering professionals. Here are some well-known engineering professionals who have successfully navigated the intersection of engineering and finance:

1. Arvind Krishna – Chairman and CEO of IBM
Arvind Krishna has a background in electrical engineering and holds an MBA in finance. He exemplifies how engineering prowess and financial understanding can lead to leadership roles in technology and finance-driven corporations.

2. Abigail Johnson – CEO of Fidelity Investments
Abigail Johnson, an MIT graduate with a degree in electrical engineering, pursued an MBA in finance from Harvard. Her journey exemplifies how engineering and finance can seamlessly intertwine to lead a major financial institution.

Final Thoughts

The fusion of engineering and finance through an MBA opens up a world of possibilities for professionals seeking to broaden their horizons. BMU’s MBA in Finance acts as a transformative bridge, enhancing the analytical, leadership, and financial skills of engineering professionals. As technology continues to shape the economic landscape, individuals with a unique combination of engineering and finance expertise are poised to lead and innovate. The journey of bridging the gap between engineering and finance is not just a career trajectory; it’s a powerful combination that propels professionals toward impactful roles in finance-driven industries. Aspiring engineering leaders with an MBA in Finance can easily navigate the crossroads of technology and finance, shaping the future of both fields with ingenuity and strategic insights.

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Top 10 Functions of Human Resource Management https://www.bmu.edu.in/social/functions-human-resource-management/ https://www.bmu.edu.in/social/functions-human-resource-management/#respond Mon, 23 Oct 2023 07:31:39 +0000 https://www.bmu.edu.in/?post_type=social&p=97925 HRM or Human Resource Management is an essential part of any organization. People or employees of an organization being the most crucial resource of any business, the function that takes […]

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HRM or Human Resource Management is an essential part of any organization.

People or employees of an organization being the most crucial resource of any business, the function that takes care of this resource and is proficient in utilizing them in the best possible way, undoubtedly plays a critical role.

Functions-of-Human-Resource-Management

HRM is a management function that starts before the entry of an employee till the time they leave, that is during the entire employee lifecycle.

From planning, recruitment, training, engagement to payroll, rewards, motivation,  administration, development and attrition of employees, Human Resource Management is a function that deals with all these roles.

Unlike raw materials, products or money, human beings are those assets that are unpredictable, have their aspirations, get into conflict, builds expectations and can walk out of the organization anytime carrying knowledge in their heads. Therefore managing human resources is not an easy job.

Human resources as a function in the organization existed even in the 18th century but were merely restricted to transactional works such as policy policing, payroll, documentation etc.

However, with the advancement of management sciences, HRM began to be recognized as a distinct field with strategic capacity.

Frederick Taylor’s Scientific Management laid particular emphasis on the importance of workforce and how it directly impacts productivity.

HRM consists of a gamut of roles within an organization. The larger the organization, the more complex and enriched its human resource team is.

More prominent companies with more considerable capital can invest a lot more on this function for better operations and management of its workforce.

Smaller organizations usually have a minor HR team that takes care of the overall range of activities. The different functions in human resource management are as follows:

  1. Recruitment or Talent Acquisition
  2. Talent Engagement
  3. Business Partnership
  4. Learning and Development
  5. Performance Management
  6. Compensation and Benefits
  7. Personnel filing and documentation
  8. Disciplinary Committee
  9. Centre of Excellence
  10. Policymaking and communication

Functions of Human Resource Management

This list is indicative and not exhaustive, but covers the range of functions under the HRM umbrella.

In addition to these, HRM also performs some managerial functions such as planning and organizing, governance and directing. In order to understand the HRM function better, we need to look at each of these functions and see what they are:

1. Recruitment or Talent Acquisition: For the various requirements of upcoming projects, replacing existing employees or for backfilling open positions, a company needs to plan and hire new employees.

This process of chalking out a hiring plan, search for available talent, shortlisting, interviewing, selection, joining, and induction is done by the recruitment and talent acquisition team.

2. Talent Engagement: Once employees are in the organization, the talent engagement team is their constant support.

They help in motivation, grievance handling, query resolution, policy cascades and internal conflict handling.

Keeping the workforce engaged in the organization is the primary objective of this function. They are also responsible for controlling attrition within the business.

3. Business Partnership: This function is aligned to the business requirements and customizing, developing and capability building of employees assigned to a specific business unit.

Skill requirements, promotions, reward allocation, performance assessment and disagreement resolution about the above points are some of the critical functions performed by this function.

4. Learning and Development: Training need analysis is done by the Learning and Development team based on inputs taken from projects in a company and their business partnership team in terms of how the workforce must be upskilled or trained.

Whether a particular soft skill is required, or a language training is necessary or technical skill upgrade is mandatory.

The Learning and Development team then charts out a calendar based on availability and arrangements of required trainers for the skills.

It also either conducts the training themselves or facilitates such training programs and drives participation.

The Learning and Development function is responsible for upskilling existing employees instead of hiring new employees each time a new skill requirement comes up.

5. Performance Management: Performance management of employees is key to the successful running of the business.

Laying out an appropriate process for performance evaluation, ensuring goal setting of each employee is done by respective supervisors on time, evaluation is done as per set guidelines and proper communication of individual employee’s performance to them at the end of a financial year.

There are often mismatch in the supervisor’s perspective with the expectations of the employee. In that situation, too, the performance management function intercedes to resolve such issues appropriately and equitably.

6. Compensation and Benefits: The labor cost allocated by an organization for its employees is distributed majorly in the form of payment and benefits.

This function works in silo and confidentiality is maintained in their work as they have access to every employee’s pay details.

The compensation team is responsible for creating a wage rate as per industry standards and the company’s capital.

The revision of the wage rate happens every year depending on the performance of the business and economic scenario.

7. Personnel filing and documentation: This is a highly transactional work but extremely important from a legal perspective. Every employee’s personnel file is maintained in the organization for reference, authorized and obligatory purposes.

More and more organizations are moving towards paperless processes. However, certain documents need to be maintained signed on letterheads as is required by the law of the land.

This function does this documentation work.

8. Disciplinary Committee: Every organization sets its policies based on the country-specific laws. Abiding by these policies is a commitment given by employees at the time of joining.

However, several instances come up when there is a violation. To neutrally resolve such issues, investigate, decide punitive damages, a specialized team with the technical know-how is required which is provided by the HRM function.

An example of such an issue is sexual harassment. In such cases, the disciplinary committee works as per the ICC guidelines to resolve issues and prevent such occurrences in the future.

9. Centre of Excellence: This function is research-based and receives data and statistics from the other features of the organization. An example of the center of excellence function is competency management.

This function researches existing practices in the industry and within the company, receives data from other services and analyzes the gaps which exist in the current set up.

They then chalk out a plan to improvise and present it to the teams who need to execute the plan. In the case of the competency management function, they prepare a competency scorecard based on industry practice, flesh out the scorecard as per the organization’s current status, and identify gaps.

They then suggest changes and work out a plan to fit the new scorecard as per the organization’s processes.

10. Policymaking and communication: Policies are the backbone of any organization. Without policies, an organization is like a country without laws.

It is not just crucial to graft policies based on common sense, as it is a complex process of devising guidelines as per different scenarios.

Policymakers need to keep in mind the country’s laws and ensure that no two policy conflicts with each other.

Policies should not favor one class of employees over others. It should be fair, rational and straightforward.

Most importantly, it should provide guidelines for the executioners to act based on them in times of need. Policies cannot be vague or discriminatory or incomprehensible. Each of these aspects needs to be kept in mind when drafting them or amending the existing ones.

When it comes to managerial functions, Human Resource management plays a vital role.

11. Planning and Organizing: Workforce planning is an important activity done by the Human Resource function. The existing employees, profiling them the skill set wise and creating a plan for the future requirement to fulfill upcoming projects of the business is a crucial role.

The slightest gap created and mistakes make in forecasting or being unable to organize the workforce for the future could result in disastrous consequences for the overall business.

Planning and organizing also come into play when HRM has to design and allocate budget from labor costs to various activities about employees.

The financial resources of a company are limited and the planning for future spend on employees must include rewards, salaries, promotion, welfare activities etc.

12. Governance: Governance is a broad topic and includes multiple activities performed HRM towards the maintenance of the status quo of the business from the employee front.

This includes administration, handling of the disciplinary issue and resolving them, maintaining regulations, and abiding by the labor laws of the land.

Governance also includes formulating an employee-friendly framework for them to contribute to their fullest capability in other words – capability building.

13. Directing: Without proper direction, employees are on a rudderless ship, and that goes wherever the course of wind takes it.

However, for appropriate channelizing their efforts and alignment of the efforts towards the goal of the organization, requires proper direction from management. HRM provides this direction through its numerous initiatives and endeavor.

We hope that this article must have helped you in understanding the deeper insights about the Human Resource management. Do share your thoughts in the comments below.

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12 Fun Management Games For MBA Students https://www.bmu.edu.in/social/best-management-games-for-mba-students/ https://www.bmu.edu.in/social/best-management-games-for-mba-students/#respond Wed, 27 Sep 2023 08:07:58 +0000 https://www.bmu.edu.in/?p=11891 MBA or Master of Business Administration is a degree crafted to enhance the entrepreneurial, business, and management skills of an MBA student. It is currently the most popular and pursued course, all around the world. […]

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MBA or Master of Business Administration is a degree crafted to enhance the entrepreneurial, business, and management skills of an MBA student.

It is currently the most popular and pursued course, all around the world. Nearly, 2,500+ MBA programs are offered across the globe. Although, initially the most popular route was two years course, presently, many years, part-time and online programs have found a firm footing.

Management Games

In India, admission to B-schools takes place through National Level or State Level admission tests like CAT, ATMA, MAT, CMAT, OJEE, APICET, etc. Access to the top colleges is not easy; often, one attends special classes or tuitions to crack the entrance examinations. Wherever you go, the MBA is a high-paying job; hence, all the effort and expenditures are worth it.

Every year, more than 1.5 lakh students appear for the CAT examination with the hope of securing one of the 10K seats in the top management colleges in the country. Typical MBA programs comprise a core curriculum of subjects that include finance, marketing, logistics, and business analytics in addition to elective courses.

 

The Best Management Games for MBA Students

“All work and no play make Jack a dull boy”- as mentioned before, MBA courses can become extraordinarily tiring and intense with continuous presentations and projects, studies, classes, and constant placement worries.

To counter this, most MBA courses have incorporated offline and online management games for MBA students to keep them engaged and motivated.

Moreover, these games showcase the practical applications of the economics and business theory they learn through the course. This process of visualization and claim helps them grasp the contents of their curriculum more effectively.

S. N. Name of the Game What Will You Learn?
1. MBA Crystal Ball Games Virtual hands-on business experience and the fundamental challenges involved in business and management
2. Capsim Basic and advanced business concepts and interaction between disciplines
3. Forio Data visualisation and role-based skills
4. BSG Online Corporate social responsibility and decision making
5. Beach Ball Toss Get to know new people; personality development
6. Back-to-Back Drawing Enhance communication skills
7. The Mixed Picture Puzzle Teamwork and collaboration
8. Two Truths and a Lie Develop observational skills
9. The Name Game The importance of asking the right questions and dealing with different situations
10. Paper Planes How to make learning fun
11. The I’s Have It Develop inter and intrapersonal communications
12. Building Towers Leadership, teamwork and how to make the fullest out of minimum resources

 
The top MBA colleges most often go for the innovative online management simulation games like:

  1. MBA Crystal Ball Games

    The MBA Crystal Ball games are relatively more straightforward and were initially created for the visitors of their website to grasp the resources and tools of MBA. The simplicity made it appealing to the professors, and these games came to be used in top management colleges in the UK, USA, India, and Singapore. The management games from MBA Crystal Ball include:

    Business Strategy Game (BizMAP)

    This game gives you a virtual hands-on business experience. In this game, you are to take over an existing business with a team of 4 employees and a million dollars in hand. Complete your contract as you analyze the financial and operational numbers and submit five decisions, which are:

    • How many units to produce
    • How to price it
    • How much to spend on marketing
    • How many employees to hire/fire
    • How much to invest in product development

    Below are steps to play the game:

    • Step 1 – Review Financials
    • Step 2 – Analyze Business Data for SCM, HR, & Marketing
    • Step 3 – Enter & Submit Decisions

     

    Supply Chain Management Game

    To help students understand the fundamental challenges involved in business and management, this game allows its users to manage a virtual supply chain. The prime objective in this game is to attain equilibrium in the supply chain ASAP, using only a single parameter to decide in every cycle, i.e., how many units to turn out.
    Below are steps to play the game:

    • Step 1 – Review Status
    • Step 2 – Enter the Quantity
    • Step 3 –Submit Decisions

     

  2. Capsim

    Capsim is a sophisticated simulation game that covers basic and advanced business concepts. It offers Capstone and Foundation wherein the students can form groups to engage in healthy and risk-free competition, thus, learning about the interaction between disciplines. It includes:

    • Inbox Simulations
    • Business Simulations
    • Online Assessments

      Looking for best MBA college/University?

  3. Forio

    Forio simulations have mainly been developed for students and intermediate and senior managers. It offers a mixture of software tools and ready-to-use simulations that help corporate and education clients design their simulations. It includes:

    • Higher Education Simulations
    • Corporate Training Simulations
    • Public Policy Simulations
    • Forecasting Applications
    • Data Visualization
    • Online role-based skills training

     

  4. BSG Online

    This is ideal for advanced students; usually, the BizMAP is used first to warm the students up. The game requires you to take 100 decisions for each cycle before the advancement of the game. The highlights of this game include the following:

    • Global top performers
    • Corporate social responsibility award
    • Best-strategy invitational

     

  5. Beach Ball Toss

    The first day in class or any program could be a bit awkward. The beach ball toss could be a useful ice-breaker game. Write various questions on an inflated beach ball and throw it around the class. Whoever catches it is to answer one of the items written on it. The ball can have academic or non-academic questions like:

    • What hobbies do you enjoy?
    • How do you spend your free time?
    • Why do you choose to be drug-free?
    • Who is a leader you look up to?
    • Whom can you ask for advice?

     

  6. Back-to-Back Drawing

    This game asks for two people to be seated back to back. One is given an image of a shape, while the other receives paper and a pencil. The former is to describe the form to the latter without telling what the structure is. The latter is to draw it based on the description provided. This is a game designed to enhance communication skills. A few things are required to play “Back to Back Drawing” are:

    • Pictures ( in a physical or a digital format ) of the things that will be verbally described.
    • Some pens and paper for players to draw.

     

  7. The Mixed Picture Puzzle

    The chief objective in this game is to get the two teams to collaborate to get their work done. The two teams receive two puzzles with some mixed-up puzzle pieces. Whoever can finish the task first wins.

  8. Two Truths and a Lie

    Most of us grew up playing this game with our friends and family. First, students must write three sentences- two facts and one lie. Then, when each of them reads aloud the statements, the rest is to guess the lie. This game helps one develop observational skills, an essential flair in this industry. Some good examples of Two Truths and a Lie include:

    • I used to live in Colorado.
    • I am left-handed like my dad.
    • I only have one cousin.
    • I grew up across from a farm.
    • My family goes to Disney World every year.

     

  9. The Name Game

    This is a partner game wherein one person is to think of a notable person and write his/her name secretly on a post-it.

    • Stick the post-it to the partner’s head, and in the first round, he/she is to ask yes/no questions in turns until he/she gets a ‘yes.’
    • In the next round, they are to ask one Open or Tell, Explain, Describe (TED) question. One is forbidden to ask closed questions in this round.

    This game demonstrates the importance of asking the right questions or looking at a situation from the correct perspective.

  10. Paper Planes

    Want to find out if your students are up to date with the lessons? The paper planes game is a great way to make learning fun. Here is how to play the game:

    • Ask each student to write a question from experience taught the previous day on a piece of paper.
    • Divide the class into two teams, asking each to make planes out of those papers.
    • Now the groups are to chuck their aircraft at each other.
    • The students pick up the airplanes and answer the questions.

     

  11. The I’s Have It

    MBA-related jobs require people to be observant and keep silent and listen to what others say. In other words, being self-centered is not the way of this job. To get students used to this idea, engage them in a game of I’s Have It?
    This is an excellent game for developing both inter and intrapersonal communications. Form pairs and ask them to talk to each other about anything and everything in this world and beyond. The only rule that applies is – YOU CANNOT USE THE WORD “I.”

  12. Building Towers

    Building towers is one of the best games to test the student’s presence of mind, leadership quality, and teamwork capability. Two groups receive bundles of newspapers. A scissor and tape are kept familiar between the two. Both teams have to make the tallest building in 10 minutes. Whoever builds the highest building wins. This game is a great way to teach how to make the fullest out of minimum resources.

 

 

Benefits of Pursuing MBA

Pursuing a course in MBA not only shapes the academic skills of a person but also enhances one’s personality and boosts self-confidence. One can benefit from pursuing an MBA in the following ways:

  • MBA is a tedious course beaming with tasks and classes. Hence, this will help one become all the way more disciplined and enhance their time management skills.
  • MBA is more than numbers. This course requires one to think out of the box to stand out, thus forcing one to widen their perspective and reach out to every nook and corner of their mind to enhance creativity.
  • In this course, you will also learn how to manage finances better, which will come in handy both in daily life and business.
  • Whatever you learn from an MBA course can come in handy across multiple industries. For instance, qualities like creativity, leadership, communication, strategic thinking will help you land jobs in any industry.
  • Over the course period, you are likely to build relations with fellow students, faculty, and alumni members who will shortly become your valuable network of colleagues. This will also boost your job opportunities.
  • MBA will inculcate entrepreneurial qualities in you, which will instill self-confidence in you and re-energize your career.

Job Prospects After an MBA

Here is what you can do after pursuing an MBA course after graduation:

  • Banking and Finance
  • Information System Management
  • Investment Banking
  • Entrepreneurship
  • Human resources
  • Product Management
  • Management Consulting
  • Private Equity
  • Data Analytics
  • Education

 

Final Thoughts

If you have done your share of research and you are interested in an MBA, do not hesitate any longer. MBA is a life-changing course that will not only augment your career scopes but develop you as a person.

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Delve Into the MBA in Business Analytics Syllabus & Subjects https://www.bmu.edu.in/social/mba-in-business-analytics-syllabus/ https://www.bmu.edu.in/social/mba-in-business-analytics-syllabus/#respond Sat, 22 Jul 2023 12:55:38 +0000 https://www.bmu.edu.in/?p=92894 Are you good at analysing existing data? And then transform it into strategies? If yes, then MNCs, IT firms, e-commerce companies, retail and manufacturing companies, telecom companies, consultancies, and Business […]

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Are you good at analysing existing data? And then transform it into strategies? If yes, then MNCs, IT firms, e-commerce companies, retail and manufacturing companies, telecom companies, consultancies, and Business Analytics and Intelligence firms are on a constant hunt for candidates like you. The demand for MBA in Business Analytics professionals is rapidly growing in today’s data-driven business landscape. Organisations across industries recognise the value of leveraging data to gain insights, make informed decisions, and drive competitive advantage. 

Therefore, the students inclined towards analytics and management can go for Management in Business Analytics programme. MBA in Business Analytics syllabus developing strong analytical skills, including data analysis, statistical modelling, predictive analytics, and data visualisation. Students learn how to effectively collect, analyse, and interpret data to derive meaningful insights and make data-driven decisions.

Let us delve deeper into what MBA in Business Analytics is and what it has to offer to the students who opt for the programme.

MBA in Business Analytics

MBA in Business Analytics is a specialised Master of Business Administration programme that focuses on the application of data analytics and advanced statistical techniques in solving business problems and making informed business decisions. It combines the core principles of traditional MBA education with a deep understanding of data analysis, data management, and predictive modelling.

The programme equips students with the skills and knowledge to harness the power of data to gain insights, identify trends, and make strategic decisions that drive business success. It covers topics such as data visualisation, statistical analysis, data mining, predictive modelling, machine learning, and business intelligence.

MBA in Business Analytics Subjects

The subjects covered in an MBA in Business Analytics programme may vary slightly depending on the university or institution offering the programme. However, here are some common subjects that are typically included in MBA in Business Analytics curricula:

  • Data Analytics
  • Business Intelligence
  • Statistical Analysis
  • Predictive Analytics
  • Data Visualisation
  • Business Analytics Strategy
  • Data Management
  • Machine Learning
  • Data-driven Decision-making
  • Business Strategy and Analytics Integration

These subjects provide a foundational knowledge base in business analytics, combining technical skills with business acumen. The specific subjects and depth of coverage may vary between different MBA in Business Analytics programmes, so it is advisable to review the curriculum of specific programmes of interest for more detailed information.

Different Types of MBA in Analytics Programmes

There are various types of MBA in Analytics programmes that cater to different needs and career goals. Here are some common types of MBA in Analytics programmes:

  • MBA in Business Analytics:  It covers a wide range of analytics techniques, including data analysis, statistical modelling, predictive analytics, and data visualisation.
  • MBA in Data Analytics: It provides in-depth knowledge and skills in data management, data mining, machine learning, and data-driven decision-making.
  • MBA in Big Data Analytics: Topics such as data storage and retrieval, data processing, data visualisation, and data-driven decision-making in the context of big data. Students learn to leverage big data technologies and analytics tools to derive valuable insights.
  • MBA in Marketing Analytics: It covers areas such as market research, consumer behaviour analysis, customer segmentation, social media analytics, and marketing campaign optimisation.
  • MBA in Financial Analytics: This programme is tailored for individuals interested in the application of analytics in the finance industry. It covers topics such as financial modelling, risk management, portfolio analysis, and financial forecasting.
  • MBA in Healthcare Analytics: It focuses on healthcare data analysis, healthcare operations management, healthcare informatics, and healthcare decision-making.
  • MBA in Supply Chain Analytics: This programme combines the principles of supply chain management with analytics techniques. It covers topics such as demand forecasting, inventory optimisation, logistics management, and supply chain risk analysis.

However, the availability and specific focus of these MBA in Analytics programmes may vary between different universities and institutions. Prospective students should research and explore the programme offerings of different institutions to find the one that aligns with their interests and career goals.

Kickstart Your Data-driven Career with an MBA in Business Analytics at BML Munjal University

At BML Munjal University (BMU), the School of Management offers several courses in management, including undergraduate, post-graduate, and doctoral programmes. With the best teaching and a world-class environment, the University makes its students efficient enough to shape their future in the field of business and management.

BMU students, when they graduate from the University, hold the strength to go the extra mile to make a mark with their analytical and management skills.

MBA in Business Analytics Syllabus @ BMU

BMU divides its Business Analytics subjects into different modules for the students to grasp the knowledge easily.

Module 1

  • Finance for Non-Finance
  • Personal Journey for Excellence (Strength Finder and Training Need Identification Workshop)
  • Joy of Management
  • Micro-Economics
  • Business Statistics
  • Marketing and Consumer Behaviour
  • Excel Spreadsheet Modelling
  • Written Analysis and Communication
  • Sankalp – Social Entrepreneurship Project

Module 2

  • Learning R
  • Organisational Behaviour
  • Financial Statement Analysis and Reporting
  • Business Research Methodology
  • Operations Research
  • Macro Economics & Policy
  • Business Communication & Presentation Skills

Module 3

  • Costing Products and Services
  • Synthesising and Analysing Data Using R
  • Managing Operations and Supply Chain
  • Human Resource Management
  • Indian Banking and Financial Markets
  • Marketing of Products and Services

Module 4

  • Managing Financial Resources
  • Bringing Ideas to Market
  • Strategic Management
  • Project Management
  • Data Science Using R and Python
  • Critical Reasoning and Systems Thinking
  • Selling, Negotiation and Persuading Skills

Module PS

  • Summer Internship – 08 Weeks

Module 5:

  • Personal Journey for Excellence (Strength Finder and Training Need Identification Workshop)
  • Management of Design
  • Business Model and Intellectual Property
  • Electives(1,2,3&4)
  • Applied Business Research (Till Module 8)

Module 6

  • Capstone Simulation
  • Managing Stakeholders and Legal Processes
  • Electives (5,6 & 7)
  • Problem-solving and Consulting skills

Module 7

  • Analysing and Mitigating Risk
  • Electives (8, 9 & 10)
  • Ethics and Indian Ethos
  • Integrated Decision Making

Module 8

  • Leveraging IT for Business
  • Strategic Management
  • Indian Economy in the Global Context
  • Leadership Development
  • Applied Business Research Project
  • Sankalp- Social Entrepreneurship Project

Electives:

  • Data Visualisation for Managers
  • Database Management System and Data Mining
  • Advanced Business Statistics
  • Predictive Modelling
  • Machine Learning Algorithms
  • Big Data Analytics
  • Financial Analytics
  • Supply Chain and Operations Analytics
  • HR Analytics
  • Marketing and Pricing Analytics
  • Web Design and Analytics

Harness the power of data and draw strategic insights with an MBA in Business Analytics from BMU. Gain the skills to transform raw data into meaningful information and make futuristic business decisions. Learn to leverage advanced analytics techniques to drive organisational success and stay ahead in today’s data-driven world. With BMU’s MBA in Business Analytics, unlock the key to unlocking the potential of data and drawing strategy that propels businesses forward.

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Drive Data-Driven Business Excellence with an MBA in Business Analytics https://www.bmu.edu.in/social/drive-data-driven-business-excellence-with-an-mba-in-business-analytics/ https://www.bmu.edu.in/social/drive-data-driven-business-excellence-with-an-mba-in-business-analytics/#respond Sat, 03 Jun 2023 11:59:21 +0000 https://www.bmu.edu.in/?p=78922 In this digital arena, data has unfolded as the new treasure, and businesses are progressively relying on it to make informed decision-making and acquire a competitive edge. This extraordinary reliance […]

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In this digital arena, data has unfolded as the new treasure, and businesses are progressively relying on it to make informed decision-making and acquire a competitive edge. This extraordinary reliance on data has set off a rapidly evolving area known as business analytics. And if you are passionate about both business strategy and data-driven insights, then an MBA in Business Analytics is your pathway to success.

 

What is an MBA in Business Analytics?

MBA Business Analytics is a specialised course that amalgamates the core principles of business administration with leading-edge techniques and tools for utilising the power of data. The course equips individuals with a distinguished skill set that allows them to excel in the intricate world of big data, identify patterns, extract valuable insights, and make data-backed decisions that result in organisational growth.

An MBA in Business Analytics course enables individuals to delve into a variety of topics and learn to leverage advanced analytics techniques to solve intricate business problems, identify market trends, optimise operations, improve customer experiences, and unlock new growth avenues.

Moreover, MBA Business Analytics imparts a multidisciplinary approach, combining business acumen with technical proficiency. Individuals acquire hands-on experience with industry-standard software and tools, skills to interpret data in a business context and build the communication and leadership skills vital to constructively convey insights to all the stakeholders of an organisation.

As businesses today rely on data-driven decision-making, individuals with competencies in business analytics are in high demand across various industries. Therefore, an MBA in Business Analytics course opens doors to a world of career opportunities, including data scientists, business analysts, analytics managers, strategic consultants, and many more.

If you want to be at the forefront of data transformation, MBA Business Analytics offers you a unique opportunity to mould the future of businesses worldwide.

 

What is the MBA Business Analytics Course Curriculum?

The MBA Business Analytics curriculum is curated to provide individuals with an exhaustive understanding of business fundamentals with knowledge specialised in data analytics and its application. Additionally, MBA in Business Analytics syllabus includes case studies, hands-on projects, and internships to provide students with practical exposure to real-world business analytics frameworks.

While the MBA course syllabus in Business Analytics may vary between institutes, here are some common MBA courses subjects incorporated in MBA Business Analytics syllabus:

  • Data Management and Warehousing
  • Statistics and Quantitative Methods
  • Data Mining and Predictive Analytics
  • Machine Learning for Business Analytics
  • Big Data Analytics
  • Data Visualisation and Communication
  • Business Intelligence and Analytics Strategy
  • Marketing Analytics
  • Financial Analytics
  • Operations Analytics
  • Capstone Project

 

What Are the Career Prospects After MBA Business Analytics?

The career prospects after MBA Business Analytics programme are promising and versatile. There is a surging demand for individuals with competencies in business analytics across industries. The area is dynamically growing, opening up a plethora of opportunities for growth and advancement. Moreover, the course graduates may find rewarding employment opportunities in diverse sectors, including financial institutions, consulting firms, technology companies, e-commerce companies, healthcare organisations, etc.

Here are some of the lucrative career opportunities for MBA graduates in Business Analytics:

  • Business Analyst: Business analysts have a critical role in identifying trends, analysing data, and providing insights to lead business strategy and decision-making. These professionals work closely with all the stakeholders to understand business needs and translate them into actionable solutions.
  • Data Scientist: These professionals apply statistical analysis, predictive modelling, and machine learning techniques to extract valuable insights from large datasets. They build algorithms and models to solve intricate business issues and guide organisations in making data-driven decisions.
  • Analytics Manager: Analytics managers are responsible for overseeing analytics teams and projects within the company. They oversee strategy development, resource allocation, and project management and ensure the productive use of data analytics to obtain business objectives.
  • Strategy Consultant: With MBA Business Analytics, individuals can work as strategy consultants, giving data-driven insights and recommendations to assist companies in optimising their operations, enhancing performance, and acquiring a competitive advantage.
  • Marketing Analyst: Marketing analysts are responsible for utilising data analytics to comprehend consumer behaviour, conduct market research, analyse marketing campaigns, and optimise marketing strategies. These professionals assist organisations in making data-backed decisions to improve customer engagement and business growth.

 

Navigate the Data Revolution with an MBA in Business Analytics at BML Munjal University (BMU)

Unlike a conventional MBA programme in Business Management, the MBA Business Analytics programme at BML Munjal University has come up in association with eminent industry experts to offer specialised skills sets and knowledge to students in a variety of areas, including:

  • Marketing
  • Operations Research
  • Machine Learning
  • Statistics
  • Computer Science
  • Data Mining

Students pursuing the course at BMU will receive intensive and emphasised training that will make them ready for a career in fields like:

  • Big Data Analytics
  • Social Media Analytics
  • Supply Chain and Operations Analytics
  • Sales and Retail Analytics
  • Econometrics

 

 

The role of Business Analytics in businesses has never been more significant. Every company today requires professionals who are experts in analysing past performances and industry trends and implementing the discoveries to make meaningful business decisions and enhance operational efficiencies. Analysis of data can offer real-time solutions to several complex problems faced in finance, marketing, supply chain, operations, web, human resources, etc.

Upon completing the MBA programme in Business Analytics at BMU, the graduates will be prepared to work in several areas, including healthcare, retail, telecom, e-commerce, gaming, energy, sports, oil & gas, e-governance, manufacturing, financial services, etc.

Therefore, the unique MBA Business Analytics programme at BMU provides the best tools and training for a lucrative career in any of these areas and the all-around development of numerous valuable skills to make a difference.

Summing Up

MBA Business Analytics is a gateway to a world of promising career opportunities at the intersection of business and data. With the rising demand for data-driven decision-making, the programme produces professionals well-equipped with the skills and knowledge to excel in numerous industries. So what are you waiting for? Apply now at BMU!

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Start Your Journey to Marketing Excellence with an MBA in Marketing Management https://www.bmu.edu.in/social/start-your-journey-to-marketing-excellence-with-an-mba-in-marketing-management/ https://www.bmu.edu.in/social/start-your-journey-to-marketing-excellence-with-an-mba-in-marketing-management/#respond Mon, 29 May 2023 13:52:41 +0000 https://www.bmu.edu.in/?p=77932 In today’s extremely competitive business world, where organizations strive to capture the attention of customers, the role of Marketing Management has become more crucial than ever. To thrive in this […]

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In today’s extremely competitive business world, where organizations strive to capture the attention of customers, the role of Marketing Management has become more crucial than ever. To thrive in this dynamic area and escalate business growth, professionals aspire to acquire specialized knowledge and skills that go beyond conventional marketing practices. This is where an MBA in Marketing Management comes into play, imparting an all-inclusive and strategic approach to mastering the art of influence.

MBA Marketing Management course provides students with a comprehensive understanding of market dynamics, consumer behaviour, branding strategies, and modern digital marketing trends. The programme goes beyond the fundamentals of marketing, emphasizing advanced concepts, including market research, strategic marketing planning, marketing analytics, product management, and integrated marketing communications.

MBA Marketing course also hones individuals’ leadership and managerial skills, making them ready for leadership roles in marketing departments or as marketing consultants. MBA Marketing Management graduates possess the competency to create and implement marketing campaigns, conduct market research, analyze data-driven insights, manage brand reputation, and make strategic marketing decisions.
 

What is an MBA in Marketing Syllabus?

The MBA in Marketing syllabus typically integrates core business topics with specialized marketing topics, equipping individuals with an in-depth understanding of marketing strategies and principles. Through an amalgamation of coursework, real-world projects, case studies, and industry interactions, individuals acquire a holistic perspective on marketing management.

Students learn to develop effective marketing strategies, analyze market opportunities, create attractive brand messages, and make use of digital platforms to reach and engage target audiences. Moreover, specific MBA in Management curriculum may vary between institutions. However, here are some of the subjects included in the MBA in Marketing syllabus:

  • Marketing Management
  • Brand Management
  • Market Research and Consumer Insights
  • Digital Marketing
  • Marketing Strategy
  • Product and Pricing Management
  • Integrated Marketing Communications
  • Marketing Analytics
  • Sales and Distribution Management
  • International Marketing

 

What Are the Career Prospects of MBA Marketing Management?

The career prospects for MBA Marketing Management graduates are enormous and varied, opening opportunities in several industries and roles. The versatility of an MBA programme in Marketing opens doors to numerous industries, including retail, e-commerce, consumer goods, advertising, consulting, and media. The course empowers individuals to navigate the complexities of the international marketplace and make a notable impact on their company’s growth and Success.

In addition, MBA Marketing Management programme opens the gates to endless opportunities for strategic decision-making, leadership roles, and the potential for continuous career advancement. With the ever-evolving marketing market and the escalating emphasis on digital strategies, there is a high demand for skilled professionals possessing an MBA in Marketing Management degree. Moreover, here are some of the lucrative job opportunities for MBA graduates in Marketing:

  1. Marketing Manager: MBA Marketing graduates can be employees in managerial roles in the marketing department. These professionals are responsible for overseeing brand management, marketing strategies, market research, and product development. They play a critical role in the growth of business and in achieving marketing objectives.
  2. Product Manager: They are responsible for developing and managing product portfolios. MBA with a Marketing Management background can excel in this profile, leading market analysis, product strategy, pricing, and product launches.
  3. Brand Manager: Brand managers are responsible for developing and maintaining the brand identity and image of an organization. These professionals strategize communication, brand positioning, and brand equity management. An MBA in Marketing Management provides students with the skills to excel in this role.
  4. Market Research Analyst: With a rigid foundation in market research, an MBA graduate in Marketing can pursue a career as a market research analyst. These professionals gather data, conduct research, analyze consumer behaviour, and provide insights that notify marketing strategies and decision-making.
  5. Digital Marketing Manager: The escalating significance of digital marketing presents opportunities for MBA in Marketing Management graduates to work as digital marketing managers. These managers manage online advertising, develop and execute digital marketing campaigns, and make use of digital platforms for brand promotion.

 

 

Reach the Pinnacle of Success with a World-class MBA in Marketing Programme at  BML Munjal University (BMU)

An ideal marketing manager can transform the fortunes of an organization with the appropriate strategies, which can lead to a brilliant and promising career. This is the reason why an MBA in Marketing is one of the most coveted postgraduate courses.

BML Munjal University (BMU) imparts an integrated business education that incorporates business skills, a conceptual approach, and a pragmatic approach. The university aims to develop and enhance the soft skills of its students. BMU motivates them to work in a team and equips them with market exposure to expose them to industry experience.

During the MBA Marketing programme, BMU stresses enhancing various skills, including creativity, communication skills, analytical thinking, public speaking, stress management,  negotiation and technology. During the course period, the educators of BMU constantly assist them in enhancing such skills as they play a critical role in their professional life. The students of BML Munjal University are also promoted to master the competency to train others and deal with pressure.

On successfully completing the MBA Marketing Management course from BMU, the graduates can work in several positions in reputed organizations like:

  1. Marketing Manager
  2. Sales Representative
  3. Public Relations Specialist
  4. Management Analyst
  5. Marketing Research Analyst
  6. Advertising or Promotion Manager
  7. Sales Manager

Moreover, the graduates of the MBA Marketing Management programme from BMU have an opportunity to work with industries, retailers, manufacturers, multinational organizations, charities, government and local authorities. Their job is to encourage activities, develop marketing campaigns, update databases, organize events, devise and present ideas and strategies, analyze data to discover the audiences and manage data analytics.

To Summarise

Transform your marketing skills into a strategic benefit with an MBA Marketing Management course. Acquire the knowledge, skills, and expertise to excel in the ever-evolving business landscape. Step into the world of influential marketers, shape brand narratives and lead your career to new heights with MBA Marketing programme at BMU!

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Career Guidance After 12th: Make an Informed Career Decision https://www.bmu.edu.in/social/career-guidance-after-12th-must-read-for-students/ https://www.bmu.edu.in/social/career-guidance-after-12th-must-read-for-students/#respond Mon, 29 May 2023 10:17:26 +0000 https://www.bmu.edu.in/?p=12466 Clearing the higher secondary examination is one of the most significant milestones in a student’s life. At this stage, they graduate from their student life to be transitioned into their […]

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Clearing the higher secondary examination is one of the most significant milestones in a student’s life. At this stage, they graduate from their student life to be transitioned into their professional life.

The academic years do not end here, but the choice for the next course determines where a student is headed towards their career. This is why career guidance after 12th becomes almost imperative. The right career guidance after 12th can help you find the most suitable career path.

A whole new gamut of opportunities opens up at this phase, and often, a student feels overwhelmed by the options. There are numerous degrees, diplomas, courses, and certifications available at this juncture, but proper career counselling after 12th helps to choose the right one.

Career-guidance-after-12th

Some courses are more traditional; some are fancier, some sound more promising, while some may seem more relevant. What should a student choose, and what must be the criteria for making that choice? The proper career counselling after 12th provides you with the right answers to all such questions.

When students seek career guidance after 12th, they are provided with a list of courses to choose from.

However, career counselling after 12th must help the student choose a course or stream that would be perfect for their future as well. Otherwise, it is of no use.

A list of courses is available everywhere, but the dilemma of choosing one over the other is tricky. When you’re seeking career guidance after 12th, considering some factors can make it a little easier to make that choice.

Necessarily, as career advice for students after 12th, there are three such factors which must be kept in mind when choosing the next course:

  • What was the stream selected in the 11th and 12th standards?
    While courses such as LLB, web designing or BBA may not require specific background and are stream neutral (unless otherwise specified by the provider of the course), courses such as engineering and medical sciences require students to have studied PCM or PCB in their 12th.
  • What are the career interests of the student?
    There is no point in pursuing a degree in B.Pharma (Bachelor in Pharmaceuticals) if, eventually, the student wants to build a career in animation. Yes, interests have indeed changed as exposure and awareness increase, but the innate knack and aptitude remain similar throughout.
    Hence, if a student is unsure what he wants to pursue later in life and knows that arts subjects do not interest him, he should go for a more traditional Bachelor’s degree in a science subject. And vice versa. Also, if Mathematics as a subject seems interesting, then pursuing a course in statistics or accounting may be a good option.
  • Return on Investment:
    Students are often unaware of this vital parameter based on which all decisions are taken across the world. If a course requires an investment, what would be the return on such investment?
    Remember that return on investment is not always calculated in monetary terms, nor is the investment. A course requires money as well as an investment of effort. Thus the career that is provided by the course should be able to reap the results of that effort and money. Salary and satisfaction derived from the job would be the return on investment.

Typically, the courses available post-higher secondary are divided into three main subgroups – courses after science, courses after arts and courses after commerce (that is, they are based on the streams chosen in the 12th).

Typically, the courses available post higher secondary are divided into three main subgroups – courses after science, courses after arts and courses after commerce (that is, they are based on the streams chosen in the 12th).

 

Career Guidance After 12th Commerce – The Best Courses to Choose

When deciding on the best courses after completing 12th commerce, several factors come into play. It’s important to consider your interests, aptitude, long-term career goals, and the market demand for specific fields. Some popular choices for commerce students include:

Course Name Typical Course Duration General Eligibility Average Salary (per year)
Bachelor of Commerce (BCom) 3 years Intermediate with a minimum of 60% INR 5 lakhs to 10 lakhs
Chartered Accountancy (CA) Minimum 4.5 years 50% aggregate in 10+2 from a recognized board INR 6 lakhs to 14 lakhs
Company Secretary (CS) 3-5 years 10+2 or an equivalent examination INR 6 lakhs to 20 lakhs
Cost Management Accounting (CMA) 3 years 12th with a minimum of 50% marks INR 7 lakhs to 22 lakhs
Bachelor of Business Administration (BBA) 3 years A minimum aggregate score of 60% in Intermediate INR 5 lakhs to 12 lakhs

 

Career Guidance After 12th Science – Top Courses to Choose

After completing 12th science, there are several excellent course options to consider based on your interests, aptitude, and long-term career goals. Some popular choices for science students include:

Course Name Typical Course Duration General Eligibility Average Salary (per year)
BTech 4 years A minimum aggregate of 60% marks in 12th INR 6 lakhs to 20 lakhs
BSc 3 years Minimum aggregate of 50% in 10+2 INR 4 lakhs to 10 lakhs
BCA 3 years At least 50% marks in aggregate in Class 12 INR 5 lakhs to 14 lakhs
B.Pharma 4 years Class 12th Board exams with 50% aggregate marks INR 4 lakhs to 12 lakhs
B.Arch 5 years 50% marks in Class 12 or Class 10 + Diploma from a recognized institution INR 5 lakhs to 10 lakhs

 

Career Guidance After 12th Arts – The Best Courses to Choose

Choosing the best course after completing 12th arts depends on your interests, strengths, and long-term career goals. There are numerous options available for Arts students to pursue higher education. Some popular choices include:

Course Name Typical Course Duration General Eligibilit Average Salary (per year)
BA 3 years 50% aggregate marks in 10+2 INR 4 lakhs to 12 lakhs
BA LLB 5 years A minimum of 60% or equivalent in their class 12 examination INR 6 lakhs to 12 lakhs
Bachelor of Journalism and Mass Communication (BJMC) 3 years 10+2 with a minimum of 50% in each subject INR 7 lakhs to 16 lakhs
Bachelor of Mass Media (BMM) 3 years At least 50% marks in 10+2 INR 6 lakhs to 14 lakhs

However, these courses are not strictly to be pursued in the said subgroups only. For example, someone with arts in 12th can also pursue Chartered Accountancy, and someone from a science background can also choose to graduate in mass communication.

Also, it is an indicative list and not an exhaustive one. There are courses, such as Bachelor of Hotel Management and Bachelor of Business Management.

These courses do not necessarily need a specific background or stream but are very lucrative in terms of career opportunities.

A list of other such courses which are job oriented and do not depend on a stream of education before graduation are as follows:

  • Air Hostess Training
  • Animation and Film Making
  • Fashion Designing
  • Interior Designing
  • Advertising
  • Advanced Editing
  • Textile Designing
  • Tourism Management
  • Aviation and Hospitality Management

In addition to the above, students seeking career guidance after 12th can also prepare for government exams and/or the NDA entrance exam for the National Defence Academy. For the Airforce and Naval Wing, they need students with Physics and Mathematics in the 10+2 exam.

Since there are so many options, as a student looking for career counselling after 12th, you might find yourself facing multiple questions when you stand at this crucial crossroads of life.

  • What course should I take up?
  • What career can I pursue with this course?
  • What profession would I never be able to continue if I go for this course?
  • Which colleges provide this course?
  • What is the course fee?
  • Would I get placed after this course?

Thanks to the internet, many of the answers to the questions above are not difficult to find. But the internet provides data, which must be analysed and processed by the students, and an informed decision must be made through proper career guidance after 12th.

Having selected a course, the next pertinent question that comes up is, “Which college is the best?” What must a student consider while choosing a college or an institution from where to pursue the course of his choice? The proper career guidance after 12th gives you the right answers to all these questions!

The courses may be numerous, but the list of colleges is unending. Even after considering the cut-off score, the college fees and location, a student is left with hundreds of names. Here is a list of some other very important factors which every student must look into before taking this big decision:

 

  • Reliability of the institution: Finding an engineering college at every nook and corner of a big city is not difficult. But who is the founder of the institution, who runs the college, is there a regulatory body that recognises the courses offered, and who are the members of the governing body of the college or university? A college should have a background of trust, which it has built over years of providing quality education.
  • Placement records: Does the institution take care of placements after a technical course? What percentage of students have been getting placed year-on-year through campus placements? Who are the recruiters? Does the college have tie-ups with any business organisations? What is the average package (not the highest) offered through campus placement? Most colleges declare only the highest package, which does not portray a true picture of placements. Good institutions always mention the average package offered along with the highest package.
  • Accreditation: Is the college or university accredited or recognised by any educational governing body, such as UGC or AICTE? It makes the course more credible and accepted in the industry.
  • International Exposure: In the age of globalisation, any course must be so designed that it is valid in the international arena. Does the college of choice have any tie-ups with a foreign governing body or institution through mentorship or exchange programs?
  • Curriculum: The course curriculum must include an emphasis on hands-on knowledge as much as theoretical knowledge. Most colleges conduct courses through books. But workshops, seminars, real-time projects, industry speakers, and lab exposures are essential for a recruitment-ready programme that caters to the needs of hiring organisations.

 

 

Why Choose BMU?

BMU is a renowned name in the field of education. With its cutting-edge technology, BMU believes in imparting a culture of learning that helps a student grow into ethical, responsible world leaders who are innovative, research-oriented as well as entrepreneurial.

The college is mentored by the Imperial College London, a 108-year-old university. The design of courses, student exchange, faculty training, and research activities are facilitated jointly by the university, thus ensuring a benchmark with global standards.

At BMU, the focus is on the overall “competency” development of students. While technical knowledge is vital, a student is never industry-ready without honing his practical skills. Just like a pilot, before flying a real flight, goes through several simulations. Similarly, at BMU, 45% of the curriculum emphasises experiential learning, which includes internships, working laboratories, and workshops.

The courses here are so designed that students go through life-like situations through workshops, group activities, and industry exposure and transition smoothly into an organisation. Problem-solving, conflict resolution, dealing with ambiguity, and out-of-the-box thinking are attributes that are nurtured in BMU as, ultimately, these qualities help a student to succeed in his career.

Swimming lessons cannot be provided in the classroom. With that principle, the classes in BMU are synchronised with the workplace to provide an environment of learning, problem-solving, innovation, engaging and, at the same, ensure that the entire process is enjoyable.

The relevance of education is in its application in today’s world of rapidly changing ideas and fast-moving preferences. A student must adapt to this global environment and be proficient in keeping himself relevant through the pursuit of continuous learning. At BMU, the effort is to create such thinking minds while inculcating good citizenry and social etiquette.

The “outside-in” approach of BMU’s curriculum design helps to customise the theoretical concepts with practical inputs from the industry. This approach has attracted several top players in the industry to hire students who have been taught and trained in the BMU.

Get the Right Career Guidance After 12th to Make the Suitable Choice

The choice made by students after their higher secondary education makes a big difference in building their careers. Hence appropriate career guidance after 12th from a professional with the involvement of parents and students is required at this time. A decision is useful only if it results in a good career for the student. Hence, with proper career counselling after 12th, all the factors must be given due weight and wise consideration.

FAQs

What is the best way to choose a career after 12th?

The best way to choose a career after intermediate is to take career guidance after 12th and, with the help of that, explore your desired course in depth, its fees, duration, career prospects, market value etc. and then make a final decision. 

Why is career guidance important after 12th?

Career guidance after 12th is important because it instils greater career awareness in students about all the prospective courses they’ll likely choose. 

What should I study after 12th for a high salary?

For a higher salary, study that course after the 12th that matches your interests and strengths.

How do I choose a career after 12th?

Choose a career as per your interest, and to select the perfect course for you, take career counselling after 12th.

What are the career problems faced by students after 12th?

Some of the major career problems faced by students after 12th are:

  • Indecision about choosing the right career
  • Limited information about various career options
  • Parental or peer pressure
  • Financial constraints

What are the 7 steps in choosing a career?

The 7 steps in choosing a career are:

  • Self Assessment
  • Identify your career goals.
  • Research or Explore various career options as per your career goals. 
  • Take guidance from experts who provide career advice for students after the 12th.
  • Engage yourself in gaining practical experience through internships etc.
  • Develop the skills required for your chosen career path.
  • Make a decision based on the information and insights you have gathered.

 

 

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Unlock the Secrets of Business Optimisation with MBA in Operations Management https://www.bmu.edu.in/social/unlock-the-secrets-of-business-optimisation-with-mba-in-operations-management/ https://www.bmu.edu.in/social/unlock-the-secrets-of-business-optimisation-with-mba-in-operations-management/#respond Wed, 03 May 2023 12:19:29 +0000 https://www.bmu.edu.in/?p=75631 In the present world, Operational Management takes charge of the overall production process. It ensures that every step is efficaciously and efficiently carried out to provide maximum gain in favour […]

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In the present world, Operational Management takes charge of the overall production process. It ensures that every step is efficaciously and efficiently carried out to provide maximum gain in favour of the organisation. No denying; this process will undoubtedly result in a high-quality service which will enhance the demand of the consumers leading to immense profit. No matter how big or tiny the size of the organisation is, there will be a need for operation management to ensure the firm meets its goal, which in the future elevates the company’s profitability. 

Operation is the key to a successful organisation, as it covers vivid functions depending upon the type and nature of the business. Hence, Operations Management has excellent career opportunities, and candidates pursuing an MBA in Operations Management get eligible to work in every sector worldwide. 

According to a recent report of BSL, it is projected that the employment growth for business operations managers will skyrocket between 2021-2031 by 6.7% and create around 209800 jobs for MBA Operations Management  professionals.

So if you are planning to take your career to the zenith in this Business-centric world, pursuing MBA Operations Management is the key. But, prior to we move on, let’s quickly comprehend what Operations Management is.

What is Operations Management?

The term “Operation Management” precisely describes the coordination & methodical approach that firms or companies utilise to tackle all of their resources, including human beings, products, and as well as tools. The sole goal is always to double the efficiency and minimise expenses/expenditures.
 

Scope of MBA in Operations Management 

MBA in Operations is contemplated as one of the highly demanded courses if not equivalent specialisations such as-

  • Human Resources
  • Finance
  • Marketing


Organisations have realised that a rigorous operations management strategy plays an instrumental role in lessening glitches in supply chain management, achieving the scale of economies, and expanding the business in this highly competitive world. Due to this, companies are recruiting well-versed MBA Operations professionals to make a practical impact to add more value to the business.

Mentioned underneath are some profiles that are worth considering:

  • Product Manager
  • Operations Manager
  • Supplier Risk Manager
  • Supply Chain Functional Analyst
  • Enterprise service manager

Operations Management professionals are the jack of all trades, responsible for making a firm’s operations efficacious by slashing down costs without degrading the quality of the product or the customer experience. This is one of the sole reasons why firms are always looking to hire MBA graduates specialised in Operations Management.

The Benefits of Pursuing MBA Operations Management

  • Massive and Lucrative Employment Opportunities: With an MBA in Operations, an individual gets many job opportunities as operations management comprises the top part of a business, making it one of the perks of pursuing MBA Operations Management.
  • Golden Opportunity to Get Into Managerial Roles: Post-completion of an MBA in Operations, aspirants will be well-versed and packed up with the skills, knowledge and experience needed to step into managerial positions for the growth and success of their careers.
  • Stay Up-to-date with the Latest Industry Trends: The MBA Operations Management curriculum is precisely revised and created to help people stay updated with the most recent ongoing industry trends. 
  • Gain Deepened Knowledge of Industry Operations: The course offers in-depth knowledge and experience related to many different industrial operations so that MBA Operations Management postgraduates get well aware of the working procedures incorporated into a business.
  • Skills Gained Can Be Implemented To Diverse Sectors: The knowledge and skills that individuals will master from MBA Operations Management can be utilised to vivid industries, hence, offering individuals the option of opting for their preferred career path.
  • Chance to Work with the Latest or High–end Technologies: For candidates from different backgrounds, the Master’s in Operations Management can allow them to work with advanced technologies, assisting them in up-scaling themselves and ready to face the daunting job market.

Undenyingly, MBA in Operations is among the sought-after courses in the market, not just by multinational corporations and consultancies but also by international biggies like World Trade Organisation, World Bank, and many other firms. Therefore, it is essential to pursue an MBA Operations Management course from a reputable institution or university. Let’s cut to the chase; one of the best universities to pursue the degree is BML Munjal University, aka BMU.

Ameliorate Your Operations Management Skills with BML Munjal University (BMU)

A world-recognized university known explicitly for creating innovative teaching, learning and research environments, BMU is named after the Hero Group’s Chairman & Founder, Dr. Brijmohan Lall Munjal. It is mentored by 108 years old university known as Imperial College of London, which closely indulge in a broad spectrum of activities like-

    • Designing Curriculum
    • Content Creation
    • Summer Study Programmes 
    • Joint Research Activities
    • Student Exchanges
    • Digital Learning Platforms
    • PhD Programmes
    • Faculty Training

And much more!

This will ensure that BMU candidates are industry-ready individuals fully equipped to take on leadership responsibilities. In short, the university aims to develop a talented community of candidates and faculty excelling in teaching, learning and research in an innovative and stimulating environment.

Dropping to MBA in Operations, the candidate’s learning experience at BML Munjal University is further improvised by collaborating with elite universities and organisations such as-

  • Singapore Management University, 
  • Carleton University, 
  • Kent State University, 
  • The University of California, 
  • Berkeley, Aston University, 
  • North South University, 
  • Loughborough University, etc.

Moreover, Centres of Excellence and highly-advanced laboratories are constructed on the BMU campus by Siemens, Shell, Intel, and IBM.

MBA in Operations Management Syllabus at BMU

The Syllabus for MBA in Operations at BMU consists of core and electives subjects, which are mentioned below:

  • Finance for Non-Finance
  • Personal Journey for Excellence
  • Micro-Economics
  • Marketing and Consumer Behaviour
  • Organisational Behaviour
  • Business Research Methodology
  • Managing Operations and Supply Chain
  • Marketing of Products and Services
  • Global Supply Chain Management
  • Operational Leadership

MBA in Operations Management Fees at BMU

The Fee Structure for the two-year MBA in Operations Management programme at BML Munjal University is highly feasible, which is INR 12,35,000 lakhs only.

Build a Strong Foundation with an MBA in Operations Management

While operations managers usually have no defined job descriptors, their roles and responsibilities are essential for business growth. Without this operation management position that needs organisational skills, communication abilities, initiatives, and the enthusiasm to follow up on actions, numerous businesses may not meet their customers’ quality expectations. Simply put, if you want your career to see a boom, enrol now for an MBA in Operations at BML Munjal University.

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Join the Elite Ranks of Analytical Thought Leaders with MBA in Business Analytics Course https://www.bmu.edu.in/social/join-the-elite-ranks-of-analytical-thought-leaders-with-mba-in-business-analytics-course/ https://www.bmu.edu.in/social/join-the-elite-ranks-of-analytical-thought-leaders-with-mba-in-business-analytics-course/#respond Mon, 01 May 2023 05:15:19 +0000 https://www.bmu.edu.in/?p=75385 In today’s tech-savvy world, information is what drives contemporary society. Data can be gathered on anything and everything, be it related to your daily expenses or a professional athlete’s winning […]

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In today’s tech-savvy world, information is what drives contemporary society. Data can be gathered on anything and everything, be it related to your daily expenses or a professional athlete’s winning average and analysed to assist us in coming to lucrative decisions in the future.

The same reasoning holds for commercial purposes. These days, the need for data analysis and big data is skyrocketing, along with today’s quickly evolving businesses and corporations. This is where an MBA Business Analytics professional slips in. These professionals are crucial for the success of an organisation, and the salary backs the statement.

According to the BLS report, the demand for Business Analysts is projected to see a boom of 11% by the end of 2029, which is more rapid than many other occupations.

 

What is Business Analytics?

Business Analytics is the study of business data, enhancing business outcomes and processes utilising information technology and statistical methods. The collection, classification, analysis, and of course, presentation of data are backed by data science, data aggregations, statistical analysis, predictive analytics, data warehousing, data visualisation, and data mining.

 

MBA in Business Analytics Duration

A two-year post-graduation course offers pivotal insights and techniques related to business analytics. Also, it trains and prepares students to have immense experience and knowledge of various analytics tools.

 

MBA in Business Analytics Syllabus

MBA in Business Analytics syllabus includes industry-centric topics helping candidates to get a better understanding of market-driven forces. A list of MBA in Business Analytics subjects is mentioned underneath. Have a look!

  • Quantitative/Statistical Methods
  • Marketing and HR Management
  • Data Management & Data Science
  • Finance, Marketing, and Operations
  • Predictive Analytics
  • Economics and Accounts

Apart from this, it also covers topics such as-

  • Excel Spreadsheet Modelling
  • Business Statistics
  • Micro-Economics
  • Joy of Management
  • Marketing and Consumer Behaviour

 

Scope of MBA Business Analytics

There is no denying; data scientists and business analysts have to go through massive amounts of data to fetch patterns and trends, supporting them in predicting what the future holds. Both are good and have their pros, including loads of job openings, a handsome package, and a glittering future in the competitive job market.

The scope of the MBA Business Analytics course is enormous. Why? Because; candidates with MBA in Business are in high demand in almost all sectors. From the healthcare sector to production and manufacturing, every department, be it sales or logistics, requires businesses to make data-centric decisions.

 

 

Career Opportunities After MBA Business Analytics

Due to the crisis of qualified aspirants, there is a huge demand for business analytics professionals. If you are interested in Business Analytics, this is the best time to step into the field. Bear in mind; the current demand for MBA Business Analytics professionals far exceeds available positions.

Below is a list of career options you can eye on. Get a glimpse!

  • Data Analyst
  • Business Intelligence Consultant
  • Business Analyst
  • Data Scientist
  • Business Intelligence Architect
  • Data Engineer

 

MBA in Business Analytics Eligibility

To enrol for an MBA Business Analytics course, a candidate must have cleared his undergraduate degree with flying colours, along with a standard test score.

 

MBA Business Analytics Admission Process

For admission to the MBA Business Analytics course, applicants have to go through the following process:

  • Submission of filled application form with all relevant and necessary enclosures and application fee
  • Review of applications and short-listing of candidates
  • Personal interview
  • Admission decision taken by the selection committee

 

If you are passionate about both data strategy and data analysis technologies, pursuing an MBA Business Analytics degree will be the right choice. However, it is essential to ensure that you choose the right college or university. In India, there are numerous management schools offering the best MBA Business Analytics courses, one of which is BML Munjal University, aka BMU.

Earn an MBA Business Analytics Degree at BML Munjal University (BMU)

Named after Dr. Brijmohan Lall Munjal, BML Munjal University (BMU) offers a world-class MBA in Business Analytics course that aims to transform candidates into entrepreneurs, thought-leaders, and innovators via a robust comprehension of the business world and in-depth industry linkages. 

With the immense balance between business data, technology and people, BMU empowers students to move forward to Enterprise 4.0, equip themselves to tackle data, machines and humans and take the organisation to the zenith with the help of growth and profitability.

Rise to the Top with MBA in Business Analytics Course

To establish a lucrative career, earning an MBA Business Analytics degree is among the most logical decisions you can ever make. The perks of pursuing an MBA degree are endless, especially now when there is an enormous demand for Business Analytics. So, in simple and crisp words, if you have a knack for business management with a keen interest in business analytics, opt for MBA in Business Analytics course at BMU and see how it turns your world upside down in a good way.

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