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.

The post Unleashing Innovation: How Computer Science Engineering and an MBA Course Syllabus Fuel Entrepreneurial Success appeared first on BML Munjal University.

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.

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.

 
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
     

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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.

The post 12 Fun Management Games For MBA Students appeared first on BML Munjal University.

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.

The post Join the Elite Ranks of Analytical Thought Leaders with MBA in Business Analytics Course appeared first on BML Munjal University.

To meet their goals, organisations need personnel who can perform the tasks through planning, coordination, training, organisation, and recruiting the right employees who can be assets to the firms and support them to achieve their short-term as well as long-term goals. The HR of a firm is the workforce which manages all the company’s human resources and directs their efforts to the company’s best interest. Now the question is how to become an HR in a firm.

An aspirant has to pursue an MBA in HR Management in order to become an HR in a company. But what is an MBA HR? An MBA in Human Resource (HR) management is a postgraduate degree course that teaches students how to manage an organisation by recruiting suitable aspirants for the company and managing the entire workforce of an enterprise.

An MBA in HR duration is two years, in which students are guided with the business fundamentals besides human resources essentials like employee management, recruitment, salaries etc. and become the heart of the organisation. Often students wonder if an MBA HR is a reliable, promising career. Let’s find out!

MBA in HR Career Options

MBA in HR Management is a good opportunity for those who aspire to make human resources management in enterprises a profession. Through this course, the scholars get the knowledge of how organisations operate. Their interpersonal, intrapersonal, and communication skills are enhanced, and they become proficient in handling staff members, office pressure, resolving issues, developing trust among colleagues and forming a human-centred work environment.

The skilful HR professionals take the organisation to a higher level, bring a good talent pool, and eventually exceed the business growth. The dexterous HR exceptional talent in the organisation leads it to a higher level; therefore, the MBA HR professionals demand in the market is really high. Thus, the programme has immensely diverse career options, such as:

• Compensation Manager
• Organisational development and change consultant
• Employment or Placement Manager
• HR Generalist
• Payroll Specialist
• Public Relations Manager
• Staffing Director
• HR Training and Development Director

Often college management has the same criteria for enrolling the candidates into their colleges. So now, to enrol yourselves into the programme, knowing the eligibility criteria for admission is imperative. Let’s find out.

MBA in HR Eligibility Criteria

Students who are potentially willing to go for an MBA HR Management course must be a graduate of any recognised university. Students must also have standardised test scores. After enrolling in MBA colleges, the students study a detailed human resource management syllabus to become proficient and industry-ready. Aspirants aspiring to pursue an MBA HR must get acquainted with the course syllabus.

MBA in HR Syllabus

The MBA HR syllabus is designed so that the students get the absolute idea of training, managing employees, and handling different difficult situations simultaneously and crucial scenarios efficiently to become an asset to an organisation and help it run smoothly. The syllabus of the programme is designed to impart adequate knowledge and industry-necessary skills to students. Some significant subjects taught during the course are:

• Business Statistics
• Written Analysis and Communication
• Operations Research
• Organisational Behaviour
• Business Communication
• Presentation Skills
• Human Resource Management 
• Marketing of Products and Services
• Talent Management
• Employer Branding

An MBA degree is a door to new opportunities as it enhances intellectual and social growth. Also, the students get social security if they opt for any reputed University since it helps them secure skilled jobs or even higher studies. Thus, enrolling in a renowned university’s putative course is of utmost significance. One such university is BML Munjal University!

Boost Your Career with MBA in HR Management at BML Munjal University

BML Munjal University is a leading university known for its top-notch quality, research-oriented education. The prime focus of the university is to look for creative solutions to various problems by applying the knowledge that students gain during various courses.

The MBA in Human Resources Management programme at BMU, co-designed by Imperial College London, focuses on developing multidimensional management skills among students by teaching about finance, banking, data science, industrial relations, managerial effectiveness, international markets etc.

The course curriculum is designed to develop decision-making and interpersonal skills among students to prepare them for modern-day business organisations. In addition, students are provided with real-life working opportunities through internships to get valuable working knowledge from industry leaders.

Students also get exposure to global business trends via the Global Leadership Programme conducted by the Imperial College of Business Studies, London. The innovative curriculum of BMU makes management aspirants industry-ready achievers with global competency.

MBA in HR Admission Process

Applicants must follow the following process to get admission to MBA in Human Resource (HR) course at BMU:

• Submit the completed application form with the application fee and all relevant enclosures.
• BMU will review applications and shortlist eligible candidates.
• Personal interview.
• The selection committee will decide on admission.

Unlock the Potential of Human Capital with MBA in HR Management

An MBA in Human Resources is a golden opportunity for those interested in an organisation’s operational strategies and having a good command of communication skills. The MBA HR professionals’ demand in the market is really high; thus, the programme has various and diverse career options.

Since HR also plays an inevitable part in organisations, especially when employees from diverse backgrounds come together and work under the same roof. BML Munjal University offers an integrated curriculum for MBA in Human Resources to prepare students for the industry. Therefore, pursuing this programme from BMU is a foolproof way to a successful management career.

The post Master the Art of Managing People with an MBA in HR Management appeared first on BML Munjal University.

Why Pursue an MBA?

An MBA course demonstrates a commitment to learning, improving, and applying skills that can assist a company in growth. Additionally, MBA course graduates possess a wealth of information they can bring to several endeavours.

Moreover, below are 5 reasons why getting an MBA degree is advantageous to management aspirants:

• Greater Awareness of a Global Market
  Earning the best MBA course puts you in close contact with other international students with different work experiences and perspectives on the global economy. Therefore, students can expand their knowledge of other industries around the world.
• Improving Communication Skills
  Effective communication is a fundamental skill essential for professionals to succeed. An MBA course can help hone verbal and written communication skills, allowing you to successfully convey concepts to ensure everyone is able to work toward a common goal.
• Expand Your Professional Network
  Earning an MBA course makes you part of a global network giving you access to respected professionals you may not have otherwise had a chance to connect with.
• Increased Job Opportunities
  In a fiercely-competitive job market, the best MBA course can help set applicants apart from their peers. From energy to consumer products to start-ups, an MBA graduate can be an asset in any industry.
• Better Time Management
  Earning an MBA needs juggling extracurriculars alongside a challenging course load. Therefore, an MBA course helps you manage your time effectively, which is an in-demand skill among employers and a valuable life skill.

Difference Between MBA And PGDM

Below are some key differences between MBA and PGDM:

• Syllabus
  In most cases, the MBA course curriculum is structured by the university. The core MBA course syllabus will be pretty much the same in two MBA institutes under the same university. Since the individual institute determines PGDM courses, it gives them the flexibility to design the course curriculum. Moreover, the MBA course syllabus periodically undergoes various changes according to industrial requirements.
• Susceptible to Fraudulence
  Since PGDM courses are imparted by autonomous bodies, aspirants need to be careful while taking admission. Various smaller institutes make claims but do not have proper accreditation status. Whereas MBA course degrees are conferred by varsities, & hence there is a lower chance of fraudulent claims.
• Focus
  MBA courses focus more on theoretical & technical aspects of management rather than adopting a practical approach. PGDM, on the other hand, has an industrial orientation and emphasises on skills-based on market demands.
• Cost
  Most MBA degrees have lower tuition fees as compared to PGDM courses because MBA degrees are offered by government universities. These universities receive financial aid & grants from the government, making the course cheaper for the student.

Different Types of MBA

• Two-Year Full-Time MBA
  Enrolling in a two-year MBA course offers an opportunity to develop your fundamental business skills while deep diving into specialist MBA course subjects. Your first year will include core subjects like strategy, finance, communication, and marketing. And you will specialise in your chosen areas during elective modules and concentration periods in the second year. In addition, the extended period imparts several benefits, including extensive opportunities to acquire practical experience during business simulators, & consulting projects.
• Part-Time MBA
  If you want to pursue an MBA but can’t take time out from your career, you should consider a part-time MBA as your best option. Part-time MBA courses allow you the flexibility to tailor the program to suit your schedule. A part-time MBA gives you the option of studying at your own pace.
• Executive MBA
  Executive MBA courses target mid-career professionals who are looking to advance their careers into leadership roles. EMBA degrees are taught part-time, which allows you to continue working and implement your knowledge & skills immediately in your organisation.

Skills Required for MBA

Employers today look for MBA professionals who can demonstrate that they have mastered core skills in marketing, accounting, finance, and operations and apply those skills to real-world challenges. If you are considering pursuing an MBA course or are already enrolled in one, you should possess the following vital skills:

• Adaptability
• Communication skills
• Leadership skills
• Conflict resolution
• Critical thinking and problem-solving skills
• Decision-making skills with innovation
• Initiative and drive

How to Choose an MBA Specialisation?

MBA aspirants can choose to pursue an MBA General program or take up a specialisation of their choice. But it is crucial to choose the right specialisation as this decision can make or break your career. When choosing an MBA course specialisation, you must take into consideration the following factors:

• Career scope placements/ internship opportunities of the specialisation
• Long-term career goal
• The reputation of the institute faculty in the specialisation of your choice
• Pedagogy of the specialisation of your choice
• The infrastructure of the college for the specialisation of your choice
• Course fee & Return on Investment (ROI) of the programme

Different Types of MBA Specialisations

The best MBA course will open doors to a plethora of opportunities and take your career up various notches. If you choose the right specialisation early on, not only will you acquire a competitive edge, but you will also acquire more benefits over the years to come. Here is a list of the best MBA specialisations in demand.

• MBA Finance
  Those with an MBA in Finance will graduate with the right foundation for roles like Financial Advisor, Financial Analyst, Hedge Fund Manager, Financial Manager, or Investment Banker. While there are MBA concentrations specifically structured to prepare students to become Accountants or Economists, specialisation in finance is a solid start to those careers too. Therefore, MBA in Finance is one of the most sought-after courses that lead you to enormous opportunities.
• MBA In Forensic Accounting
  An MBA course in Forensic Accounting can arm young professionals with the right knowledge to prevent and tackle financial crimes. The rising popularity of Forensic Accounting can offer extensive prospects for job seekers and assist financial firms in keeping their funds secure.
• MBA In Human Resource Management
  An MBA in Human Resources deals with human resources analytics, operational management, consulting, and employment law. MBA HR is best suited to those who can manage an organisation’s operations and activities seamlessly.
• MBA Operation Management
  MBA in Operation Management prepares individuals to contact multiple departments, which gives operational roles an edge when it comes to learning and advancement within a company. The jobs that open up for individuals in this discipline include the overall operation of an organisation– with roles like Chief Operations Officer (COO).
• MBA in Marketing
  Marketing is one of the most popular MBA specialisations. An MBA in Marketing prepares you for some fast-growing areas like Brand Marketing Management or the role of Chief Brand Officer. Marketing research and new product development also come in this dynamic academic area, making Marketing Management a versatile MBA specialisation.
  
  The reasons why students opt for MBA in Marketing can be justified by the benefits one receives from it. The scope of an MBA in Marketing is enormous, as almost every business and organisation requires marketing to stand against the extensive competition. Therefore, the career options are limitless with an MBA in Marketing.

MBA Supply Chain Vs Marketing Management

Supply Chain and marketing are typically offered as available specialisations for various MBA courses. A degree in Supply Chain focuses on the background processes of business, while marketing courses focus on the visible consumer side.

Moreover, Job prospects for marketing managers, as per the data from the U.S. Bureau of Labor Statistics, will increase by 7% between 2018 and 2028, while job prospects for supply chain managers will increase by 4 % between 2018 and 2028.

Read More: https://www.bmu.edu.in/social/mba-supply-chain-vs-marketing-management/

MBA Marketing Vs Entrepreneurship

An MBA in Entrepreneurship equips students with the required knowledge, skills, and aptitude that are needed to undertake entrepreneurship. The course assists students in building on their business ideas, exploring the market for product acceptance and discovering routes to capital to take up the venture to the market.

On the other hand, MBA Marketing encapsulates students with principles required for the sustenance of sales & customer management in an organisation. Marketing management is no longer just about sales or advertising. It is a lot more strategic and dynamic and requires constant analysis of information about products in the market, changes in the market scenario, customer feedback, behaviour, competitors, etc. Therefore, MBA in Marketing is one of the highest-paying and in-demand disciplines in an organisation.

Read More: https://www.bmu.edu.in/social/mba-marketing-vs-entrepreneurship/

MBA Marketing Vs International Business

MBA International Business primarily focuses on the global business environment and uses an international perspective to study management theories, supply chains, trade, finance, etc. An MBA of this type could prepare you for a career in a multinational company as a global business manager or an international research analyst.

On the other hand, MBA Marketing equips you with significant strategies in casting market segments of potential customers and producing marketing strategies according to their tastes and preference. Moreover, after the successful completion of the MBA course in Marketing, students can work in various MNCs, including Marketing and Advertising companies. Therefore, an MBA in Marketing can be a smarter move to boost your career prospects.

Read More: https://www.bmu.edu.in/social/mba-marketing-vs-international-business/

MBA Marketing Vs Human Resource Management

MBA in Human Resources is a specialisation that trains students to be H.R. professionals who can administer the employees of an organisation. The HR department is responsible for establishing the organisation’s culture and values among employees & hiring the best talent, and keeping employees.

Whereas MBA Marketing is one of the oldest and most sought-after fields due to the enormous career opportunities in the marketplace. Every international or national business needs an effective marketing team to promote its brand’s image. As a result, the scope of MBA Marketing in India is constantly escalating.

Read More: https://www.bmu.edu.in/social/mba-marketing-vs-human-resource-management

Top 5 Marketing Books of All the Time for MBA Aspirants

Reading should be a daily habit for an MBA aspirant as reading helps in expanding vocabulary, providing tranquillity, and enhancing analytical as well as thinking skills. However, most MBA students do not have time to find good books due to the lack of time. Here are the top 5 marketing books that are worthy of special attention:

1. Good to Great by Jim Collins
2. Snapshots from Hell
3. Outliers by Malcolm Gladwell
4. Straight from the Gut by Jack Welch
5. Connect the Dots by Rashmi Bansal

The Best Management Games for MBA Students

MBA courses can become boring and intense with continuous presentations and projects, classes, studies, and constant placement worries. To overcome this, most MBA courses have incorporated offline and online management games to keep students engaged & motivated.

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

• MBA Crystal Ball Games
• Capsim
• Forio
• BSG Online
• Beach Ball Toss

How is BMU Helping MBA Aspirants to Climb the Corporate Ladder?

The MBA course at BML Munjal University prepares students for long and fulfilling careers. BMU’s multi-disciplinary, application-based curriculum, mentored by Imperial College London, imparts life skills and practical knowledge that create innovators, thought-leaders, and entrepreneurs who can reinvent the future of doing business in new ways. Through MBA programs, BMU enables its students to become business ready and lead the industry.

Consequently, the students step out from BMU as well-versed global leaders ready to flourish and succeed in the real business environment. Their ability to act and achieve independently and as team members make them stand out in the world. Moreover, MBA specialisations offered at BMU teach every student to thrive in the complex business environment and emerge as leaders in their domain.

MBA Scholarships

Top colleges like BML Munjal offer limited MBA scholarships on merit to deserving students. Below are the scholarships offered by BML Munjal to its meritorious students:

• MBA Merit Scholarships-
  Require students to secure 75 percentile and above in the CAT or around 175 and above in NMAT.
• Dean’s Scholarship-
  Require students to secure 90 percentile and above in CAT/XAT or 250 and above in NMAT.
• Haryana Domicile Scholarship
  – 25% of students are admitted under the Haryana Domicile category.

Final Thoughts

MBA courses have always been a coveted pursuit for aspiring management students, primarily because it helps boost their employment opportunities. The best MBA courses are designed to impart students with advanced training & knowledge in one core area of specialisation. Today, there is an array of options for MBA specialisation, and each area has its benefits and perks. So if you are passionate and driven about your career, you will have lucrative prospects.

The post MBA Courses – Get a Greater Sense of Confidence in Your Marketability appeared first on BML Munjal University.

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.

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.

 
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.

The post 12 Fun Management Games For MBA Students appeared first on BML Munjal University.

Collaborations with renowned institutions and businesses, including Singapore Management University, Carleton University, Kent State University, University of California, Berkeley, Aston University, North South University, Loughborough University, CUOA University, University of Warwick, University of North Georgia, University of Michigan-Flint, and Saint Mary’s College of California, further provide an edge to BMU students pursuing the best MBA courses.

Renowned companies like Siemens, Shell, Intel, and IBM have set up cutting-edge labs on the BMU campus. Fraunhofer Gesellschaft, CSIR, CEERI-India, Hero MotoCorp, and other organisations are among BMU’s research partners. Additionally, students enrolled in our best MBA courses have the option of attending Imperial College Business School in London to take the Global Leadership Module.

About M.B.A. in Business Analytics at BMU

Business Analytics is a field that focuses on using both explanatory and predictive modelling to analyse data in order to gain insights from the vast amount of available data.

In contrast to a traditional M.B.A. in Business Management, the M.B.A. in Business Analytics at BMU, one of the best MBA courses, has been developed in cooperation with industry experts to provide students with specialised knowledge and skill sets in a variety of fields, including Marketing, Operations Research, Machine Learning, Statistics, Computer Science, and Data Mining. 

Additionally, the course’s participants will receive intense, specialised training that will position them for employment in fields like Big Data Analytics, Social Media Analytics, Supply Chain and Operations Analytics, Sales and Retail Analytics, and Econometrics.

Career Prospects After M.B.A. in Business Analytics

After completing the course, students can find employment in a variety of industries, including manufacturing, financial services, retail, healthcare, telecom, e-commerce, gaming, sports, energy, oil & gas, and more. As a result, a management student with the right training can work as a business analyst, big data analyst, business intelligence expert, business analyst industry expert, business analyst project manager, data scientist, data analyst, data warehousing expert, data mining expert, SAS programmer, market research analyst, predictive modeller, qualitative analyst, or social media analyst, among other positions.

About M.B.A. in Finance at BMU

The understanding of finance is a crucial component of any economy and, in many cases, a defining characteristic of today’s businesses and industries. As a result, students who pursue an M.B.A. in Finance at BMU stand to gain the business and financial skills necessary for a successful career.

The M.B.A. in Finance, one of the best MBA courses, deconstructs and establishes the theoretical and practical knowledge necessary to comprehend investment strategies, regional and global economics, mergers and acquisitions, insurance and corporate risk, securities and portfolio management, and direct and indirect taxation.

Career Prospects After M.B.A. in Finance

Both private and public sectors offer a wide range of employment opportunities to course graduates. They will be given a chance to work for any organisation involved in finance or the stock market. In addition, anyone with an M.B.A. finance degree can operate their own company on their own.

An M.B.A. in Finance can be used to work in a number of different industries, including investment banking, tax preparation, tax planning, financial statement reporting, and analysis. It can also be used to manage hedge funds, work internationally in finance, and manage assets and insurance.

Accounting Managers, Financial Analyst, Finance, Officers & Treasurers, Chief Financial Officers, Cash Managers, Credit Managers & Specialists, Corporate Controllers, Investment Banking Associates, Investment Bankers, Investing Sales, Traders & Associates, Insurance & Risk Managers, and Manager Consultants are just a few of the several job profiles that are waiting for them.

About M.B.A. in Human Resources at BMU

An HR manager must create opportunities and bring talent, fire and develop talented employees, offer opportunities for professional growth, uphold a positive workplace culture, promote good employee relations, offer meaningful rewards and incentives, and resolve disputes. Additionally, they are responsible for developing, managing, putting into practice, and supervising a variety of policies at all levels and departments. 

In the end, an HR manager must play a significant part in raising the asset value of the human capital entrusted to them. Therefore, a strong, comprehensive M.B.A. in HRM, like the one provided by BMU and co-designed with Imperial College London, is a perfect choice for anyone because competent HR managers are constantly in demand.

Career Prospects for M.B.A. HR Graduates

Candidates who have completed an M.B.A. in Human Resources, one of the best MBA courses, are qualified to work for a variety of multinational corporations, businesses, and organisations. A respectable position and a competitive compensation package are both offered.

The candidates can work in a variety of roles, including compensation manager, employee relations manager, employment or placement manager, staffing director, HR generalist, personnel manager, payroll specialist, director of HR training and development, technical recruiter, public relations manager, and change consultant.

About M.B.A. in Marketing at BMU

M.B.A. Marketing graduates from BMU who have completed all required MBA courses subjects are able to easily adapt and understand their role in the success of a firm. Developing marketing strategies and plans, analysing consumer behaviour and selecting markets, product and brand management, managing distribution, marketing channels and retailing, digital marketing, integrated marketing communications, pricing, and marketing research are some of the primary responsibilities of this post.

Career Prospects for M.B.A. Marketing Graduates

After completing M.B.A. Marketing, one of the best MBA courses, students can pursue careers as marketing managers, sales representatives, public relations specialists, management analysts, marketing research analysts, advertising or promotion managers, and sales managers in reputable businesses.

The graduates have the opportunity to work for retailers, businesses, producers, multinational corporations, nonprofit organisations, the government, and local authorities. Their duties include promoting events, maintaining databases, creating marketing campaigns, planning events, coming up with and presenting ideas and strategies, and analysing data to determine target audiences.

M.B.A. in Operations Management at BMU

Operations management has evolved as a field of study and a domain over time. The specialisation covers production management, service operations, supply chain management, logistics management, quality management, operations leadership, business excellence, project management, and operation analytics. This field keeps improving and modernising as the procedures and practices change. The role of an operations manager today is vast, intricate, and multifaceted, essential to any organisation.

Career Prospects for M.B.A. Operations Management Graduates

After completing one of the best MBA courses, which is an M.B.A. in Operations Management, BMU students are qualified to apply for jobs as operation managers, operation consultants, supply chain managers, logistic managers, quality managers, project managers, business excellence managers, operation analysts, system managers, manager-plant improvement managers, manager-supplier upgradation managers, and purchase managers.

In addition to the knowledge and skills they learn, the students also go through a variety of industry-based certification programmes that are mentored by industry professionals and based on industry curriculum, such as Certified Problem Solving Professional, Certified Professional of Data Analysis, Certified Executive of Project Management, etc.

MBA Courses Subjects Curriculum

• M.B.A. First Year Syllabus: In the first year, all students take four 8-week modules of common MBA courses subjects, which comprise the required curriculum. 21 core, skill, and perspective courses covering all facets of management make up the first-year syllabus. 

• M.B.A. Second Year Syllabus: Students enrol in a wide variety of core, skill, and elective MBA courses subjects in the second year. Students have the freedom to expand their knowledge in areas outside of the core through elective courses. They will have the choice of taking courses in operations, marketing, human resources management, finance, and information systems.

MBA Courses Fees for the MBA Programme at BML Munjal University

The MBA courses Fees for the session in 2022 is Rs 12.40 Lakhs (excluding the Global Leadership Program and the immersion module).

Although the MBA courses fees may seem a bit high initially, an M.B.A. programme at BMU is essential for individuals interested in business courses because it advances their careers and allows them to broaden their knowledge of the subject.

The post The Best MBA Courses Offered by BML Munjal University (BMU) appeared first on BML Munjal University.

While some select HR, some choose Marketing, or Finance or Business Analytics. It depends on the inherent traits of the person and what seems to be the right choice according to him and most importantly what he would like to do.

Marketing is a field that will never become obsolete. Even if AI takes over, “marketing” will continue to exist as a function in any business.

Whether humans will work or not is a different matter altogether. However, companies will not work if they can’t market their products.

This is the main reason why marketing is an exciting field of study and a lot of investment is being made by companies to analyse different techniques of marketing their goods and services.

The Marketing Management Course helps in studying these different techniques and cutting edge technologies to help sell better.

It is a known fact that ‘Marketing’ happens to be the first choice for most MBA students when it comes to specialization. What is the reason why so many students choose marketing as a specialization? Let’s look at some of them.

1. Most sought after profession:

   Marketing job or a job in sales management is highly sought after by many professionals waiting to take entry into the industry. A considerable number of job applicants apply for open positions in marketing and sales as it is a highly rewarding field of work.

2. The highest number of opportunities:

   One of the main reasons for the above point is also that companies themselves have a considerable amount of opportunities in their marketing sector. Every year the FMCG, retail, apparel, Healthcare companies launch new products that need to be marketed. Without a good marketing team, it is not possible. Also, there is a constant requirement to venture into more unique markets and territories, for which marketing professionals are required.

3. Fierce competition:

   Even though organizations have a massive demand for marketing professionals, the job market is indeed substantial with the resumes of the already available talent pool, each with different levels of experience. Not everyone has an MBA but expertise plays an important role here. Those without an MBA start from scratch while those with an MBA from a good institute can make a jump to a company of repute.

4. Lucrative career:

   Most companies have the salary structure of a marketing professional defined as per highly rewarding incentives. Thus the drive to excel in each endeavour is handsomely rewarded which pumps more energy and focus into the next initiative. The incentive structure is a tremendous motivating factor at the initial level to keep the beat on.

5. Globalization:

   Globalization brings on with it an increasing number of players in the industry. The standards are global and the international market is one level playing field. In this scenario, marketing is key to staying relevant for any organisation, and a course with marketing management is a smart choice.

6. Career growth:

   As the competition is more, so are the growth options in a marketing career. The opportunities for promotion are a lot more for a marketing professional with an MBA than for those without one. The reason being the need for proper management is as essential as having a good team. Sometimes it is even more important because an organization needs to get a strategic direction to perform well, which efficient management can provide.

7. Retention:

   Companies hate to lose good performers in Marketing with an MBA degree because it is not easy to refill those positions left vacant by attriting employees. One who knows the company well understands its products and has good knowledge about the company’s edge over its competitors is an asset to the organization. Therefore companies take such matters very seriously and do everything to retain such critical employees in marketing, which in turn makes an employee feel valued in the organization.

8. Edge over others:

   MBA education helps gain key competitiveness over others who don’t. Some essential characteristics required by a good marketing manager is built through numerous interventions during the course which a non-MBA grad missed out on. This, in turn, helps catapult the career of MBA-s way ahead in the corporate world. Soft skills, result orientation, problem-solving, dealing with ambiguity are some qualities needed by Marketing professionals, and those who opt for an MBA course are surely at an advantage in these parameters.

9. Challenging Assignments:

   During the MBA, a student comes across numerous assignments that help him or her be prepared for the real-life challenges one is expected to face in a career. Also, in an MBA set up the simulated challenges helps students come up with solutions on their own which allows them to be ready to face the real difficulties later on with more confidence.

10. Ability to work in a team:

    Marketing is never a one-man-army kind of job. It requires an entire team to perform and excel for the company to do well. Several times while working one is faced with difficulties of working in a group. There are conflicts, negotiations fail and individual thought processes become primary. This is neither good for the employees nor the company. However, in an MBA, a student learns to work in a team. They undergo several workshops and presentations which are to work upon as a team. Thus an MBA grad is better prepared for conflict resolution in a marketing team while working.

11. Groupthink:

    This is extremely important for the successful working of any organization. The success and failure of Groupthink are based on the concept that “the overall picture is always greater than the total of its parts.” This means when a group comes up with a decision or plan, it is expected to be better than the same thing chalked out by its members. The reason being in groupthink, each member brings about his or her unique perspectives which makes the overall plan more attractive, foolproof and diverse. The marketing team of an organization works on this principle and a Marketing MBA graduate is used to working in a ‘groupthink’ set up during the course. This makes an MBA in Marketing indispensable.

12. Exciting fields:

    Sales is not the only field where jobs are available in marketing. Although a new entrant to the industry without MBA feels so. This is also because a novice does not have the expertise required to work in other fields of marketing which require specific technical know-how, knowledge of working with certain tools etc. This is where an MBA grad is several steps ahead of those without it. Branding, consumer behavior analyst, promotion, advertising, retailing, market research are some such fields where organizations prefer to hire an MBA in marketing rather than those without it.

13. Negotiation:

    A marketing and sales manager is expected to be good negotiator. They have to negotiate with vendors, clients, prospective clients, senior management for budget allocation, etc. This is especially important when one is working in sales. Price negotiation is an example but it is not the only aspect where ‘negotiation’ skills are required. One may expect to negotiate for a place of launch, mode of promotion, advertising channels etc. Without negotiation skills, a marketing professional will not be able to perform well. MBA is a course where such skills are taught through exercises such as public speaking, selling counterfeit products, seeking venture capital for starting one’s entrepreneurial endeavour and debates.

14. Building brand “You”:

    A marketing professional is a brand himself within and outside the company. 360-degree feedback from peers, clients, customers, subordinates, supervisors, service providers can help one understand how he or she fares as an employee, how he relates to others, how reliable he is. Through these, a brand is built around which is all the more important for members of the marketing team because they interact with people outside the organization as well and on that interaction depends the fate of the company’s business. Thus “building his brand” is essential. An MBA certainly grooms an individual on these parameters which are not just external but also intrinsic to one’s personality.

15. Industry exposure:

    An MBA course in most B-schools of repute has industry visits to shopfloors, assembly lines, manufacturing setups etc. Through these, a student gets exposed to the reality of business. In marketing, confidence is vital. A marketing professional will get overwhelmed in his first assignment upon joining an organization because everything will be new to him or her. A typical college education does not throw much light upon what a real business looks like from inside. However, an MBA provides a solution to this and it helps an MBA in marketing grad by leaps and bounds.

16. Communication:

    As crucial as negotiation may be, communication is an essential aspect for any employee, all the more for marketing people. Contact with one’s team, helping them overcome their challenges, motivating them to perform and distributing targets, reward is a challenging task for any manager. While most of this expertise is gained through experience, it should not seem that the marketing manager possesses no such skill just because he is fresh from a college. This is where an MBA course helps.

17. Career fields:

    MBA grads in marketing have several career options to choose from. These professionals are recruited in various profiles such as:

    • New Product Manager
    • Market Research Analyst
    • Content Manager
    • Communication Manager
    • Sales Manager
    • Brand Manager
    • Promotion Manager
    • Marketing Head
    • Advertising Manager
    • Public Relations Manager

     

18. Salary:

    As compared to a regular graduate or a post-graduate, the salary of a management graduate is at least three times more. Especially when it comes to marketing, sales employees join at entry-level and get pay in the range of Rs 20-25k on average whereas those with an MBA in marketing from a good B-school get a starting salary of Rs 60k at least. The higher value of the range is way better.

19. Creativity and Innovation:

    Marketing is one field where one has the scope of applying a lot of creativity and innovation. Any formula does not bound it. A marketing guy needs to think “out-of-the-box” to be successful. An MBA in marketing provides a lot of such opportunities to students to think out of the box, which in turn helps them later while working in the marketing team.

20. Relevance:

    Marketing is a field that applies to different industries – coal, petroleum, electricity, retail, garments, medicine, banking, hospitality, food and even education. This makes a marketing management degree relevant to every single vertical of business. The basic tenets of marketing learned in the course can be applied in every field. This is not the case with marketing professionals without a marketing degree. Let’s say Mr. A starts working in a food and beverage company in sales. He can learn a lot about the F&B sector and continues to grow in that sector. Whereas let’s say Ms. X starts to work in the marketing team of a software company after her MBA, she can quickly move to the pre-sales and/or marketing team of a bank. Ms. X becomes more fungible across domains in comparison to Mr.A. Thus, an MBA in marketing helps here.

The reasons for choice could be eternal and yet these are the top 20 reasons why Marketing Management as on date happens to be one of the most sought after courses in India’s postgraduate studies. To reiterate, the most important reason for making a choice should be the individual’s own decision which could be based on some of the purposes mentioned here together with his or her preference or interest.

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There is enough data to justify this.

According to the Economic Times report, “Top strategy consulting firms and the Big Four firms’ consulting divisions have stepped up hiring C-level executives from the industry as their clients increasingly seek advice on dealing with market discontinuities, rapidly evolving technology landscapes, and the emergence of new business models.”

The report also states, “These firms are looking for senior executives who have led large-scale transformation projects and senior digital technology practitioners who can partner with companies in their tech transformation journey. India’s biggest professional services firm EY India has been the most aggressive in hiring C-suite executives.”

Study. But study smartly.

While enunciating the ongoing executive-level recruitment scenario as “highly yielding”, it is also important to know what skills you need to achieve this feat. Primarily, investing in a business management course is imperative, and for that, you need to find a credible education institute. A course like Master of Business Administration (MBA) has been, for a very long time, considered a gateway to corporate success. But where do you find the right varsity for the best MBA courses? In aboard? Why? Is your country not enough? Well, if you research, you’ll come across the right varsity within your country itself.

BML Munjal University, a multidisciplinary, application-based curriculum university, offers a full-time two-year MBA programme to build “innovators, thought-leaders and entrepreneurs” who can revamp the future of doing and creating business in brand new ways.

We all know that traditional corporate companies have faced disruption by the new-age technology in the past, especially in the last two years citing COVID-19. Hence, companies are looking for smart tech talent to handle technicality and business tasks. BML Munjal University has taken note of these market changes and has something exceptionally special for its MBA students. The university offers specializations in MBA in the following areas:

• Finance
• Marketing
• Operations
• Human Resources
• Business Analytics

Along with that, BML Munjal University emphasises on theory and business fundamentals. As a result, it has built a strong bedrock of understanding in MBA course subjects like accounting and finance, organisational behaviour, management, marketing, business analytics and business law and ethics. Discipline-related skillsets are as necessary as ingraining theoretical technicalities. And for that, the university offers hardcore training in presentation, communication skills, critical thinking and reasoning, etiquette and conversing, problem-solving & understanding consumer behaviour.

BML Munjal University understands that today’s students are multi-dimensional and like to think out of the box. And for this, acquiring knowledge on a global level is a must, at least in their discipline. Hence, it offers a Global Leadership Program. The module enables students to think beyond the lines, understand innovation and build leadership competencies.

Unique aspects of the Global Leadership Program at BML Munjal University for MBA students:

• The Global Leadership Program (GLP) offers all MBA students excellent knowledge of the international marketplace by using unparalleled immersion experience at the Imperial College Business School, London.

• It is an optional program conducted at the end of the first year during the summer break of the MBA course.

• After the completion of the program, MBA students receive a Global Leadership Program Certification from the Imperial College Business School, London.

• Tuition & meals (two a day) expenses are included in the Tuition fees. However, it does not include expenses for air travel or local travel in London.

• MBA students will need to have a valid passport and visa for the program. The university will assist in the visa application process only. Please note that all costs for passport and visa procurement are to be borne by the student.
• Students would be required to undergo an industry internship at the end of the first year. The internship enables MBA students to apply the knowledge they received in the first year to a real-world situation.

Your future. Our responsibility.

BML Munjal University is not just any other university to do MBA courses. It is one of those universities that strive to make a student’s dream real. Through its Career Guidance & Development Centre (CGDC), the university assists MBA students and evaluates their career choices. At the same time, it trains them for recruitment tests and interviews. The team also fosters MBA students to apply for higher education in business management education. Students also receive career assistance and guidance from the university’s reputed faculty members who have enormous years of experience in the industry as well as in the education sector.

This takes us to the placement offered by the university. In the MBA course, as many as 90 per cent of students were hired in the year 2021-2022. They received placement in some of the leading corporate houses like DBS, FACTSET, Wipro, Cafe Coffee Day, and Hyundai. The university also offers an industry internship by the end of the first year. It enables a budding business marketer to apply the knowledge he/she receives in the first year once he/she enters the professional world. So, apply anywhere, but with the right education and skills.

One course. Several takeaways.

Today’s multifaceted corporate world demands quick problem-solving abilities, interactive and managerial skills, and commitment. And if you fail to grasp these, perhaps you’ll not reach where you manifest to go. Remember, the most effective professionals mingle technical, management and communication skills to outshine in their workplace. MBA is the hottest course currently that can give you all these skills. Why? So that you ace that “challenging” presentation, stand out among your colleagues and, of course, witness growth at a personal level. Maintain generosity as you enter the corporate space. Team up with your co-workers but do not settle on the values you gained as a student and young professional.

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We often hear how an MBA equips a person with future-ready skills. But what does that mean? The COVID-19 pandemic has upended lives and businesses forever. Today organisations are looking for people with the right skills and knowledge, which buy https://www.sportingpost.co.za/phentermine/ is a significant part of their recovery. During an MBA, skills such as empathy and team management, being futuristic to navigate the company’s plans, setting strategic goals, and influencing stakeholders from diverse backgrounds are honed.

Over the years, the MBA course has gained much traction, especially in India. However, it can be challenging for a student who just finished his/her 12^th to understand the nuances of the two-year course and how it might benefit them in building their future. Alongside, the bigger question is, do they even know the process of pursuing an MBA right after completing higher secondary education? Let us help you clear the air.

Understanding the nitty-gritty

The basic eligibility criteria for pursuing MBA is securing a minimum of 50 per cent marks in graduation. A student who wants to apply for this course should have a major in business management, law, finance, relatable subjects. Some universities accept students from any field for MBA admission, and some top-notch universities have their in-house exams for the selection. Universities shortlist aspirants who clear the entrance test and are called for group discussions and personal interviews. The final selection criteria are based on a student’s scores in screening tests, group discussions, and personal interviews.

MBA has various job scopes and opportunities. With adequate skills, aptitude, knowledge, and education in a renowned university, interested students can land the jobs of their dreams. 

Fulfil your MBA dream right after 12^th with BMU

Do you know BML Munjal University gives an opportunity to its students to fulfil their MBA dream right after 12^th through the BBA- MBA integrated programme at the School of Management? This integrated course offers four years of extensive classroom training and one year of industry-based training.

Some of the unique features of the BBA-MBA Integrated Programme at BMU are:

•   Experiential learning
•   Rural Immersion program
•   Longer immersive industry exposure
•   Choice Based Credit System
•   Orientation
•   Practice School
•   Outbound Learning
•   Personalised development and mentoring
•   Credits for Extra-Curricular Activities
•   International Immersion Programme (optional)

BBA-MBA Integrated Program Specialisations are –

• Finance & Financial Analytics
• Human Resources & HR Analytics
• Marketing & MarketingAnalytics
• Operations & Analytics
• Dual Specialisation can be availed, selecting any two of the specialisations

Why go for BBA-MBA Integrated Program at BMU?

• Get 11 months of Internship throughout the program
• Be prepared for MBA job opportunities right from the first year
• Be equipped with various skills & perspective courses
• Opportunity to study electives from Law and Technology disciplines
• School of Management at BMU has been awarded Diamond Rating in Management by QS I-GAUGE

BMU also offers international exposure to all students and has partnered with top-ranked universities worldwide, including Imperial College London, London School of Economics and Political Science, University of Warwick, and many more.

The integrated programme is specially designed for students who are sure about pursuing MBA after their graduation. This programme saves time and helps students work towards their dream from day one. BMU’s innovative integrated programme offers a new and transformative approach to business education, and students get trained in multi-disciplinary skills, knowledge, and management problems with experiential learning.

The School of Management at BMU is ranked 41st All India by NIRF By the Ministry of Education, Government of India, and is among the country’s top institutes for management studies.

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