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Exceptional Placement Opportunities at GIBS! A Game Changer For You

Earlier the success of higher education was measured by determining the student’s level of knowledge and skills gained through the course. With time, and now with globalization in place, the scenario has changed.

For colleges, the new model of higher education comprises campus placements as the ‘ultimate’ of their higher education service. As a result, students are now adorant to get the best placement opportunities- a trend observed since quite a few years now.

The research ‘Changing Approaches in Campus Placements – A New Futuristic Model’ conducted in 2016 states that the placement opportunities provided by a College play a major role in determining a student’s college choice.

Further, it shows the importance of internships and placements in a student’s life. It holds considerable value for both personal and professional development as it aids in academic performance as well as employability skills.

At GIBS, we believe in the same and try to encourage and offer our students as many scopes, simultaneously following the belief that ‘opportunities are never given, they are taken.’

Keeping this in mind, our Placement Cell ensures to actively grab every chance available instead of waiting to kick-start Students are trained to make the most of it in order to kick-start a successful career.

Good Placement? Should You Care?

Research conducted by the University of Aston in 2020 on ‘Placements and Degree Performance’ shows that placements improve the degree of students’ performance.

A good placement brings a chance to acquire skills specific to the industry of your choice. It helps you to gain employability skills with real-life work experience (something you can’t ignore in modern times).
When your knowledge of an industry enhances, you will automatically be able to make informed decisions about your future career choices.

By involving you in team-based work, we help to shift your approach to holistic teamwork. It enhances your ability to work collaboratively with improved interactive skills.

When you connect with other professionals during the placement process, you benefit in terms of networking, like, engaging with them to create a foundation to build your future career.

Placement @ GIBS- The Hall Marks

At GIBS, we believe in customized training to well-equip students to ace campus placements.

It begins with analyzing the core competencies of the students. The training and development sessions are conducted to overcome any barriers. We also assist in creating customized resumes. Then, we prepare them thoroughly through group discussions, aptitude exam training, and mock interviews.

Next, the placement cell identifies the potential recruiters and interacts with the companies to share student profiles with them.

We provide pre-placement talks by the companies to students. This helps them gain in-depth information about the company and make a better decision accordingly to submit resumes.

The GD section process follows. The companies shortlist the CVs, and arrange GDs and interviews. Finally, after a series of discussions, they decide to go ahead with their selected students with offer letters.

The Placement Record of GIBS

GIBS takes pride in the excellent placement record that has been going strong ever since the establishment of the institute. A lot of the top brands like Bosch, Flipkart, ICICI Bank, Deloitte, Byjus, Berger Paints, Tommy Hilfiger, Calvin Klein, and more have chosen our students and considered them ‘industry-ready’.

We invite 150+ companies every year for final placements. Around 50+ companies visit our campus for an internstudent’swell.

This is why our placement cell focuses on making our students competent leaders capable of making business decisions which eventually translates to a quantum leap in a firm’s profitability.

We always train the perfect balance between practical and theoretical training as both carry equal importance when it comes to job placement.

Conclusion

All in all, we can confidently say that after going through the comprehensive training provided by us, our students graduate with a job at hand that helps them rise far up the corporate ladder.

With effective training for creating opportunities, GIBS students interact effortlessly with people as they develop high communication and interpersonal skills over time.

As we train our students to handle complicated business and management situations, it comes naturally to them. We equip our students with abilities to build and transform business environments.
GIBS not only helps its students in acquiring valuable qualities but also brings the connections to use these efficiently by way of of right placement solutions. Hundreds of our students have availed this.

Your chance now!

How Management Thought Leadership Is The Best Strategy For Corporate Growth

No one can determine any business’s success by only endorsing quality and affordable products and services. In this technology-driven world, most companies are still using the same business growth methods like mergers, driving new businesses, and conventional marketing strategies.

The 21st century is high time for both investors and owners. Both have to understand the products and why they should invest in them. Here comes the unique and golden opportunity to uplift your business’s integrity by harnessing thought leadership.

Thought leadership is an effective and essential business strategy for the growth of organizations. Nowadays, smart business leaders evaluate their resources, practices, and knowledge to enhance their corporate development.

It’s the right time for organizations to illustrate their executives as the best thought leaders. Are you wondering why these things are essential for business growth? Well, thought leadership can enhance the client base by building new ways to grow the business together.

Nowadays, thoughts and suggestions are undervalued, and everyone feels what they believe is right for them. Leaders who are not good listeners often fall into the trap of challenging situations in this disruptive world.

As you have understood the importance of thought leadership to uplift your business and will start the transformation process, here are some important questions for business leaders.

Who Are The Game Changers Of Your Organization?

You have to search for the people in your organization who are thinking about ways to boost your growth. However, you’ll find many who are doing their job just because of their lucrative pay. But, every organization is blessed with game-changers who can enhance the credibility of your business.

These game-changers are familiar with all the recent challenges, competitive and social pressure, and the latest trends. Above all, your game-changers will determine the upcoming and existing opportunities. They are never afraid to exchange conversations between business models and clients.

On the other hand, these game-changers will never think of incorporating new business ideas and technologies in their marketing strategies. In simpler words, you have to find and facilitate these people.

What Kind Of Solutions Do You Provide?

In this competitive corporate world, it has become challenging for businesses to identify their strengths and weaknesses. Due to this conflicts and misunderstandings happen, and it results in massive losses.

You should harness your leadership to overwhelm the challenges associated with contentment that directly leads to business growth. Above all, when you have a strong base of clients and business development ideas, you are free from the dangers of complacency.

Your primary focus shouldn’t be to drive businesses toward your products or services. According to your business model, become a business that offers value-for-money products and makes your professional relationships more profitable.

Which Are The Best And Notable Business Practices?

You might be using your existing business practices to make your opportunities more productive and compelling. Now, it’s the right time to exchange conversations about your business practices. You have to discover the strategies and techniques to operate your business efficiently. These frameworks and methodologies are essential to make your business deals more productive.

Therefore, you should also start reviewing your client or customer testimonials. You should know to include your skilled executives and their business practices. Now, you might have understood that thought leadership is the fundamental component of content marketing in this world of cutthroat competition.

Do You Know What Subject Matters Experts Are?

Every business has subject matter experts who are transforming your business over the years by implementing impactful techniques. However, subject-matter experts and game-changers are entirely different. Do you know what the actual difference is?
These experts work on the core foundation of your business daily. They are the ones who have excellent expertise and skills on their part. These experts have a massive client base and know about all the counterparts of your organization. Nowadays, companies are hiring subject matter experts to solve their crucial problems.

You should give priority to your subject matters experts to enhance the efforts of your thought leadership.

What Are Your Ingenious Advancements?

Do you know which ideas and advancements resulted in better growth of your business? What helped you to serve your clients better? You should look for innovative ways to make your business productive.

Don’t compare your business with multinational companies like Apple and Google. Remember breakthroughs can come in every form, shape, and size.

Final Words

With all these questions, your thought leadership comes to the center. You should know what best you can do with your existing resources. With thought leadership, your efforts toward your business will become more compelling.

Click Here to know more about Business Management Studies at on of the top Business Schools in India GIBS Business School

The Top 5 Prospective Business Trends Emerged In This Covid-19 Pandemic

Covid-19 has completely tangled the way you live, work, and lead life. But the game changers will come up with innovative ideas in this troublesome and boisterous time. Innumerable traditional and financial aspects have been topsy-turvy due to the Covid-19 pandemic.

In this 21st century, everyone whether it’s a laborer or director of a company is working from home instead of their workspace. Nowadays, sanitization practices are also upgraded and enhanced in every business. Above all, such practices and many other things are changing the business landscape.

A ‘’new landscape’’ has evolved for all types of businesses across all industries. If you are tense about losing your job or exploring new business opportunities, here are some of the prospective job trends that will come up from this Covid-19 pandemic stronger.

Remote Fitness Training

In this technology-driven world, many remote fitness brands were already trending and ruling the fitness industry. However, due to social distancing and certain other safety orders, gyms, and fitness centers are closed. It’s high time where you might be finding your old bars and kettle balls to shed those extra pounds you gained while enjoying your favorite meals.

More than billions of fitness lovers have downloaded remote fitness programs and applications to stay in shape. It’s a massive and trending industry that houses numerous types of workouts and online training plans.

Due to the enhanced popularity of remote fitness applications, it’s a tractable time for gym owners to survive in this industry.

Online Food Delivery

Well, before the Covid-19 pandemic, you might not be focusing on your diet and nutrition. Everyone was dependent on junk food and local food stores. Due to social distancing and lockdown orders, you are still working, but now you have time to try different dishes.

Home-meal kits and restaurants delivering quality food are enjoying this moment. However, not only restaurant owners, you might be fulfilling all your taste cravings. According to various reports, spending on food deliveries has increased by 20-30%, and these figures are significantly increasing.

Above all, people are downloading different online food delivery applications like Uber Eats, Swiggy, etc. In previous years, the younger generation was not interested in meal planning. Nevertheless, in this Covid-19 pandemic, everyone is spending some quality hours learning and preparing different dishes.

Lastly, it is recommended to utilize the lockdown period and adopt some creative thinking skills.

Video Conferencing

You might be working at home and those weekend hangouts have changed to online video calls. Above all, video conferencing applications have become essential for meetings and connecting with colleagues. However, these services are trending, and even after the pandemic ends, they will still be on smartphones and laptops.

Yes, because video conferencing tools and applications have become an integral part of our work life. The primary benefit is all the employees, and seniors get connected in no time. Above all, these tools are being used by small businesses for free webinars.

House Improvement

As we are forced to stay indoors and lose contact with non-essential services, it has inspired many house owners to commence home improvement projects. Due to this, there is significant growth in the hardware and raw materials industry.

According to a recent USA report, house owners are searching about renovating their halls, laundry rooms, lavatories, and other parts of the house on prominent search engines. Above all, everyone has developed an interest in gardening and transforming the outdoor space.

However, some people will keep working from their house and turn their garden or outdoor area into a personal workspace. But, some will start working moving from their homes and will seek non-essential services like gardeners, plumbers, etc.

Contactless And Digital E-Commerce

Most of the businesses like restaurant and mall owners are still connecting with the customers physically. But, the social distancing rules are yet followed between consumers and workers. The one big change implemented in every business is not accepting cash payments and switching over to electronic money transfers. The primary benefit of cashless payments is there are no chances of errors while exchanging money.

Businesses are recommending customers use credit cards and other modes of digital payments. Many fast-food chains like KFC have termed their franchises as cash-free stores. Above all, buyers are ordering food, clothes, essential stuff, etc through online applications.

Even small restaurant owners are shifting to cashless and digital payment modes to follow safety orders. Several essential and non-essential stores have started contactless delivery services to enhance the level of convenience and safety.

Final Words

These were some of the famous and latest business trends that will rule the corporate world in the upcoming years. It is highly recommended before starting any business; you should consult and take suggestions from experts to avoid massive losses.

PGDM – A Boost Your Career Needs

Today’s business world is facing some of the biggest challenges ever seen. These challenges have made it difficult for an organization to survive. Moreover, the economic slowdown has affected the revenue and growth of the company.

All these factors have even changed job scenarios. Companies are considering layoffs for cost-saving reasons. According to a recent report, nearly 63% of Indians between the age group 20-24 are unemployed. Moreover, the unemployment rate has touched 7.1%, which is the highest. This has increased the competition. Furthermore, it has become difficult for professionals to survive and thrive with just an under-graduation degree. Even the possibility of career stagnancy has increased.

Besides, it has been observed that companies are becoming more selective in the hiring process. Nowadays, HR’s gives fewer preferences to professionals with just bachelor degrees. Therefore it has become necessary for college graduates and working professionals to enhance their skill-set.

All of this has created a surge in the number of students taking admission to management programs like PGDM. Since it helps in developing management and leadership skills, these skills are in-demand. Along with it, these skills also help in climbing the corporate ladder.

PGDM-

Post Graduation Diploma in Management (PGDM) is a full-time postgraduate program. It is divided into four semesters that are covered in two years. The curriculum of the program is designed in a way that provides students with an in-depth understanding of the modern business world; its practices and its aspects.

PGDM also allows students to undertake an industry-relevant specialization. The specialization offered are-

• Marketing Management
• Entrepreneurship Management
• Finance Management
• International Business Management
• Human Resource Management
• Management Business Analytics
• Operations and Supply Chain Management

Eligibility for PGDM-

To pursue this course, students must complete graduation from a recognized university. Additionally, they are required to score a minimum of 50% average marks.

Skills developed during PGDM-

The curriculum of PGDM is industry-relevant and is constantly updated according to current trends. Moreover, it helps students to develop and enhance various skills that help them to succeed in their careers. Some of these skills are-

Communication Skills

Communication skills play an essential role in career development and growth. If a professional is unable to express their work and showcase it at the right time, then it hampers their growth. This can also make their career stagnant.

Therefore, particular focus is given to the PGDM program for developing the communication skills of students. They are given the opportunity to do an internship in leading companies to learn and understand the complex business environment and language. This helps in honing their communication skills.

Networking Skills

Networking plays a vital role in today’s business world. It proves to be extremely helpful for growth in the long run. This is the reason why the PGDM program emphasizes tasks that allow students to communicate with each other.

The program also includes activities such as guest lectures, corporate interactions, workshops, etc. These activities help students to enhance their networking skills. Moreover, giving them a platform to build a network.

Pressure Management

The challenges today’s business world continually faces build constant pressure on management professionals. Therefore to have a successful management career, professionals must possess pressure management skills.

PGDM curriculum is designed to polish the pressure management skills of students. The constant deadlines for assignments, presentations, and exams help the students to manage stressful situations.

Problem-Solving Ability

Management professionals are required to face numerous challenging situations that need problem-solving ability. These situations require them to approach strategically, as a mistake can affect the growth of the organization.

The PGDM course, with the help of numerous assignments, teaches students to understand the situation and identify the problem. Furthermore, these assignments also allow students to take strategic actions that can resolve the issue.

Management Skills

To have a successful management career, it is a must for professionals to have management skills. And, these skills are given fundamental importance in the PGDM curriculum.

PGDM curriculum provides overall knowledge of the day-to-day operations of an organization, among other things. This allows students to get an opportunity to hone their management skills.

Conclusion

After completion of the PGDM program, students can secure jobs in top organizations around the world. They can work in profiles like Consultant, Project Manager, Director of Marketing, Business, etc. These profiles come with lucrative salary packages and numerous benefits. In the end, we can conclude that PGDM provides the boost that one’s career needs.

Pursue your dream PGDM Programme! Take these next steps today. Apply Online!

Bachelors in Business Administration – A Gateway For a Successful Career

The majority of students like you find it easy to select the stream they want to choose after the 10th, as there are only three options -Science, Commerce, and Arts.

However, selecting an undergraduate degree can be a challenging endeavor and many students become perplexed as there are so many available choices.

Decision-making about college can be made simpler if you understand what field interests you most. If management interests you, Bachelor in Business Administration (BBA) might be right for you.

An undergraduate degree in business administration provides students with an in-depth knowledge of the core functions of any organization. Some of these core functions are-

• Marketing
• Management
• Finance
• Strategy
• Operations

The program focuses on developing your business acumen. Moreover, enhancing skills like communication, teamwork, and managerial, among others is you. The program is distributed in six semesters, spread across three years. These three years provide you with an opportunity to develop a deeper knowledge of core concepts through specialization.

There are various specializations available; please see below for examples of those currently being offered.

• Finance Management
• Marketing Management
• Information Technology
• Communications and Media Management
• Human Resource Management

Eligibility for Bachelor in Business Administration (BBA)

Admission into Bachelors in Business Administration (BBA) is open to candidates from any field of study. Since management is a core part of organizations of every domain, therefore, students from any stream can undertake this program.

To be eligible for taking admission into BBA, you are required to complete 10+2 from a recognized educational board. Along with it, you need to secure a minimum average of 60% marks in 12th standard.

Bachelors in Business Administration (BBA) Prospects

Every industry requires professionals who have business acumen and managerial skills. Therefore there is always a high demand for Bachelors in Business Administration (BBA) graduates. Some of the opportunities that you can pursue after graduation are mentioned below-

Government Positions

After graduation, you can apply for numerous positions in central as well as state government. For a job in the central Government, you would need to undertake the staff selection commission exam. Moreover, you can apply for the UPSC examination, to start the journey in the esteemed profiles that are available in Indian Administrative Service, Indian Foreign Service, Indian Police Service, etc.

Law Career

Large organizations around the world continuously face various legal challenges that can only be resolved by legal experts. Therefore, multinational companies are always on the lookout for legal professionals who have management knowledge.

BBA allows students to pursue LLB courses after graduation; this opens the door to multiple legal positions in the corporate world. These jobs not only offer growth and exposure but also comes with attractive salary packages.

Career in Finance

Students who are interested in finance or accounting choose to prepare for CA after completing their BBA studies. CA degree and management knowledge gained from BBA help students to get placements in large organizations. Moreover, they get massive salary packages and numerous perks.

International Opportunities

Many people are not aware that management professionals are required for numerous profiles in foreign embassies. Since BBA develops managerial skills in students, it opens the door to international opportunities for students. If you are interested in understanding about culture and working of other nations, then you can pursue a job at a foreign embassy.

Entrepreneurship

The Indian Government’s ‘Made in India’ initiative has made this one of the most glorious times to start a business. BBA develops and enhances all the skills in you that a required to start and run a business. So, if you are interested in creating jobs rather than working in a company, then you can begin the exciting journey in the world of start-ups.

Conclusion

Bachelors in Business Administration (BBA) curriculum not just provide you with theoretical knowledge. But, it also gives you in-depth practical experience. This makes it easy for you to secure managerial roles in various teams at any organization.

In the duration of the BBA program, you develop and enhance many skills. BBA can equip you with the skills that enable you to understand and thrive in the real business world, adapting to its ever-evolving landscape. Thus, we can say that BBA offers assistance in climbing the corporate ladder of success.

Pursue your dream BBA Programme! Take these next steps today. Apply Online!

Best 8 Career Options After BBA: Explained

The benefits of studying Business Administration are clear to anyone who has to get an MBA in the wake of the management industry booming worldwide.

Education in Business Administration is a right, solid career choice that leaves open a broad array of options for the opportunists and the idealists, both.

Then, the question is if you should jump onto the bandwagon of professional business-related programmes straight out of school, this, in turn, begs the other question for the newbies who are still aware of the management course basics.

So, let’s get rolling:

What is BBA?

Bachelor of Business Administration (BBA) is a three-year graduate degree program. The course today has become one of the top-rated courses for students who aspire to venture into the management industry.

The course furnishes young graduates with multiple career options after BBA to choose from and to specialize in any area of their interest. Some of the options include finance, marketing, human resources or international business.

Eligibility for BBA:

Completion of 10+2 from a recognized education board.
English as one of the subjects.
A minimum aggregate score of 50%- 60% at 10+2.

Career Choices after BBA

A better knowledge of multiple career options after graduation will help you select the best way forward towards a future that you want to see yourself in.

Here are some of the career options after BBA that you can explore:

PGDM/MBA

Post Graduate Diploma in Management (PGDM) or Masters in Business Administration (MBA) is the two-most sought after post-graduation degrees to take up after BBA.

Doing meticulous research of exams and universities (including intake based on score) is essential to get into the university that you desire for PGDM/MBA.

You can give entrance exams like CAT, GRE, GMAT, CMAT.
Work experience also improves your chances of getting accepted to the PGDM/MBA program of your choice.

CA (Chartered Accountant)

Another alternative is to prepare and appear for CA if you’re interested in economics, law or accounts. It takes about five years to finish this entire course.

The program covers six foundation subjects like Fundamentals of Accounting, Mercantile Law, General Economics, General English & Business Communication.

You can also opt for financial courses other than CA that you can opt for a burgeoning career in Finance after BBA.

Entrepreneurship

You can start your own business after BBA if you have a smart idea and even a smarter team to work with. Financial backup is a plus.

You can also plan to take up your family business after BBA if you have one. It is advisable to work somewhere else before starting up a business, as it will help you earn a first-hand experience of the corporate world, which in turn will only help you manage your business better.

Also, it is best to pursue an MBA (with work experience), to sharpen your managerial skills.

Marketing, Sales, Finance Jobs

You can get jobs in various fields/functions like Marketing, Sales, Finance, Human Resources, at the starting analyst positions.

The most common and popular posts after BBA are Financial Adviser, Human Resources executive, Marketer, Loan Officer, Commodities Trader, Salesperson, Real Estate agent and many more.

Government Jobs

Bank PO (Probationary Officer) is an assistant bank manager, also known as Scale I officer. To secure this job role, you must clear the Bank Exams through various public-sector banks across India. Check all Bank Exams in India and keep a tab of all exam notifications.
SSC exams are another set of popular examinations at the graduate level for jobs in the central government.
Railways: If you want to go for Railways, you have to clear Railways Recruitment Board (RRB) Exams like Railway Officers Examination, Assistant Station Master Exam, Railway Assistant Loco Pilot Exam, etc.

Work in Foreign Embassies

An often ignored career after BBA for those who like to be opened to other cultures is to work at foreign embassies. Various foreign embassies ask for students with a management degree. All you need is to learn a new foreign language, do BBA from a good college and can go ahead to pursue work in the embassy of your choice.

Event Management

You can choose a career after BBA as an Event Manager in Event Planning companies or Operations Management, to manage the regular operations of the company.

The job position requires expertise in communication, strategic planning and organization. Hence it is even easier if you have done your graduation in Event Management. You can also take up a diploma course of 1 year if you wish to specialize in this field.

Law

Bachelor in Law or LLB is a three-year graduate course that students can pursue after their graduation in any discipline. One needs to pass the law entrance exams to get into law school.

One might also choose to obtain a Juris Doctor’s degree (JD or Dr. of Jurisprudence) and pass the bar examination.

Business Administration course, by definition, has a great deal of scope as it is looped around improving markets. So, taking assistance from this article, determine your passion, interests, and choose from among your preferred career options after BBA!

Pursue your dream PGDM Programme after completing BBA! Take these next steps today. Apply Online!

The Not-So Regular & Diverse Management Courses in India: Explained

Management studies, today, is amongst the most popular post-graduate programs in India. Several educational organizations offer a two-year course known as Post Graduate Diploma in Management (PGDM) program or a Masters in Business Administration (MBA).

Even though both programs follow diverse approaches, the course content usually deals with similar theories. However, with shifting business models and economic trends in the current past, the traditional areas of focus, namely marketing, finance, human resources or marketing, may not always be sufficient.

To keep pace with changing scenarios and trends, top b-schools in India are introducing innovative courses. These emerging programs deal with some crucial areas of management.

Here are some such PGDM courses/programs that are gaining momentum:

Public Policy

Management and analytical skills are vital to policymaking and implementation of those policies. With economic development and welfare objectives seeping in, it is the Public Policy program that is becoming more relevant.

The Public Policy and Management is a multidisciplinary course that addresses challenges of policy innovation, the relationship between industry and government, governance for public service delivery and social policy through high-quality academic research and teaching for policy analysis and programme evaluation.

The tailored coursework allows students to engage in policy analysis and understand the nuances of multi-level interaction between business, society and the government in the national and international environment.

The program also aims to develop leaders for tomorrow who can discuss the increasing complexity of issues of public policy and management by interweaving concepts and tools from various social science disciplines.

International Business & International Marketing

With the Indian economy’s expanded interaction with global business markets, expertise in international models is essential. It is equally necessary to build a global platform for products and services.

As a result, a growing number of management colleges are beginning to offer this specialization. PGDM with a specialization in International Business or Marketing gives the requisite tools and knowledge to compete in the global business market.

Students learn about international business management structure, strategic operations, practices as well as other aspects that impact the foreign markets. The course is designed to develop the resources and capabilities of managers in the global economy.

It comprises of elements such as trade policy, strategic alliances, exporting, globalization, foreign direct investment, strategies of international firms and international management, including cross-cultural and global human resource management.

Information Technology

The exceptional growth of innovative information technology in India has created an immense potential for Indian businesses. However, practical management skills are essential to utilize this. That is why a higher degree management program in IT is viewed as an excellent medium to offer the required knowledge source and skills in the field.

Entrepreneurship

Many management aspirants in India are also budding entrepreneurs, hoping to venture into their businesses. A PGDM that focuses on entrepreneurship equips them with all the necessary skills they may need to turn their ideas into practical business strategies.

An entrepreneur is a person who is armed with a conceivably good business idea and strength to take risks for starting a new venture.

An entrepreneur is an innovator, risk-taker and an organizer. Some people are born entrepreneurs endowed with the needed skills to give wings to their ideas. They have their intelligence, communication skills, vision, creativity and passion that enables them to launch and sustain successful companies.

We are already aware of the success stories of entrepreneurs such as Larry Page and Sergey Brin (Google), Steve Jobs (Apple), and Kiran Mazumdar Shaw (Biocon). They started their ventures from the ground level and today inspire millions of youngsters to choose entrepreneurship over conventional careers.

Specific skills are required to be honed, along with training and practical knowledge sharing. A course in Entrepreneurial management equips aspiring entrepreneurs with a background to tackle aspects of a small business or entrepreneurial endeavour.

A PGDM in entrepreneurship management helps cultivate the right set of skills required to sustain a successful business enterprise.

Rural Management

The lack of social entrepreneurship and regional imbalances has created a vicious cycle in rural India. The rural management program enables students to learn to generate leadership amongst underprivileged rural communities. The aim is to create developmental strategies using existing resources.

Rural management includes the application of management principles to the agricultural sector. It entails planning, controlling and organizing cooperatives and related organizations within the field of agriculture.

A higher degree in rural management develops students to acquire challenging responsibilities in developmental organizations. They’re prompted to go to rural areas, interact and stick with villagers as a neighbourhood of their fieldwork. An organizational internship gives aspiring students a hands-on experience of working during a rural setup.

Many such innovative and notable specializations have been included as a part of post-graduate programs across India.

Whether through a two-year PGDM or an MBA, you can now choose from a diverse set of management specializations and assure your journey to meaningful, corporate success.

Pursue your dream MBA / PGDM Programme! at GIBS Business School in Bangalore,  Take these next steps today. Apply Online!

A Beginner’s Guide to Skills Requisite for a Career in Management

For a successful career in management, you will have to ensure that your leadership and management skills are beyond reproach.

Luckily, you can work on the skills required to get you up the management ladder and corporate success. The good news is that many top business educational institutions equip students with much-needed leadership and management skills.

If you, too, want to shine in this domain, we listed together a set of skills that will assist you in achieving a successful management career.

1. Communication Skills

Communication is the flow of information that supports the stable functioning of an organization. Clear communication provides easier team collaboration, faster decisions on arising issues, and conflict prevention.

Excellent communication skills are essential in the management field. This is because it determines how well learning passes throughout the team and assures integration and unity in the workforce. The ability to communicate persuasively relates to how well the team follows planned procedures, their effectiveness in completing assigned tasks, and in the long run, the progress of the company.

A leader must use all forms of communication, whether listening, verbal or written because they liaise with personalities from all levels of the organization. Exceptional communication skills help a manager to work well with employees, thus promoting the company’s capacity to achieve its objectives.

2. Empathy

Every great leader must have the ability to be empathetic.

Whenever you see an individual do something, it activates the thoughts and intentions that spark when you do the same thing. This helps you understand what drives that person’s activities. But like in most leadership roles, when you hold power over others, it makes it harder to put yourself in other people’s shoes.

To understand and stay on the same level as your team, consider trying a management method called perspective-taking.

If your co-worker says something that frustrates you, take a step back and ask yourself, how do they feel? Where is this perspective coming from? Think again about your biggest fears and challenges when you were in your role. What made you feel insecure?

Eventually, perspective-taking will allow you to understand the root cause of your team’s problems and help solve them.

3. Decision-Making

Decision-making is another critical management skill. A manager’s job involves making various decisions, both knowingly and unknowingly. Decision-making is an indispensable component of the success of a manager.

When the manager can make practical decisions, the success of the organization is almost guaranteed, while bad choices result in the inadequate performance of the organization.

Precise and concise decisions help in the efficient and steady running of the organization. As a manager, you should be able and willing to take up accountability for the results of every decision you make.

4. Transparency & Trust

Great leaders trust their people, especially with knowledge. They know very well their team can sense problems in the organization. And since humans have a subconscious bias that makes them more scared of ambiguity than risk, they make sure to present as much information as possible about the issue and communicate that they’re doing everything they can to fix it.

Keeping things under wrap will not only make the team feel anxious but will also make them feel unsafe. If they know there is something wrong and are aware their leader hasn’t disclosed all the information, they’ll contemplate the worst possible results. And this is likely to frighten the leader’s team and make them lose trust in him.

5. Problem-Solving

It’s a crucial skill that allows the manager to handle and solve common issues that arise at work. Problem-solving deals with problem identification and coming forward with the most suitable solution to tackle the problem. A manager with exceptional problem-solving ability sets himself apart from his team as it gives more confidence in the management role.

6. Team Motivation

Motivation is another fundamental management skill that you as a leader would require. It helps bring forward the desired employee response and behavior.

These methods might include simple gestures such as offering encouragement, recognition, showing interest in your employees’ lives outside the office, and letting your staff know you value them.

These great leadership and management skills stated above will help you to move the business’ goals forward while evading all the possible hiccups and hurdles.

Click Here to enquire more about one of the top Business Management Colleges in India GIBS Business School, Bangalore

5 Most Common Business Education Myths: Busted!

Many business schools today offer a management education experience like no other – right from the valuable business skillset, a well-earned degree, excellent career prospects and a flourishing professional network.

Despite all the offerings, today, too, there are some misconceptions about choosing management as a career path – making youngsters reluctant to apply for a program that has so much to contribute towards students’ corporate success.

We understand it’s not always easy separating fact from fiction, so we’ve pulled out some of the most common business education myths to bust, once and for all :

1. Myth: A Business degree is too general

There is not much you can learn from a business degree unless you are majoring or obtaining specialisation in any of the subjects. Business studies is too general and is not worth your time.

Fact:

With so many subcategories within the business industry, it is easy to see the field as this massive buffet where you get to taste everything without committing to anything, in your bachelor’s degree. Since corporations have many interrelated business functions, therefore it is practical to expose students to several subjects before narrowing them down to an area of interest.

When going for a master’s degree or a Post-Graduate Diploma (PGDM) program, business schools offer various specialisations as a part of the program. Whether it’s Marketing, Economics, Finance, Business Analytics or International Management, these majors equip you with in-depth knowledge about a specialised field.

No degree can fully incorporate all the knowledge you may require in a particular field. A degree is simply a stepping stone, giving you a solid foundation during preparation for your career.

2. Myth: You must be very money-minded

Only people who want to get prosperous and rich, pursue business-related study. It is also perceived that if doing so, you must also possess the desire to own a business/ become an entrepreneur.

Fact:

Taking up any business management course does not mean that you will be magically equipped with the skills and knowledge to be the next Ratan Tata or so. Neither does it imply that making money and being a business mogul is all your focus on.

The field of business covers a wide range of areas, as already stated above. For instance, the marketing field involves market research and brand promotion, specialisation in Human Resource Management includes the management of people and organisations. Business Analytics is also another field that has been in popular demand under the management umbrella.

None of these fields necessarily hold the magic pill for you to be an instant billionaire. The management professionals in their line, work with utmost passion and interest to achieve corporate success. – whether it is to revolutionise organisational change (HR), to experience the excitement of a newly launched product or service promotion (Marketing) or to help people invest in the stock market (Finance).

Bottom line: Business is not only for those who want to start their venture.

3. Myth: Business studies is one of the easiest courses

If you want to navigate through your degree without breaking a sweat, you should opt for a management course. It is so easy that you can probably graduate with a 1st class with almost no effort at all!

Fact:

It may appear to be so until you get a real taste of how meticulous business school can be. Not only that, with constant changes in the business and management field, you will also be expected to be up to date with the current trends.

Imagine having to apply multiple theories and concepts learnt in real-life settings and working with a mixture of people who may or may not have the same views as you do.

It might not be as academically demanding as a Medicine degree. Still, if you are looking to get the most out of a business program, then you will find it as challenging and exciting as any other course.

4. Myth: Job opportunities are limited to ordinary cubicle jobs

There aren’t many work opportunities for business students. You will mostly end up working in a dull, 9-5 office job.

Fact:

Unlike Engineering, Medicine or Law, there is a no clear career path for Business degree holders, which makes the world their oyster.

Management professionals are considered to be one of the most versatile in the job market, as they can be employed in several fields and industries.

Business students can be found everywhere, working in major industries from the plantation, healthcare, oil & gas, logistics, media, e-commerce to education. You can choose amongst – fast-paced jobs ( startup), constantly-on-the-go jobs (sales & marketing), fun and creative jobs. ( media & entertainment)

The choices are bountiful because a management background presents you with the requisite knowledge and skills on how to innovate and adapt in the modern corporate environment.

5. Myth: Stiff competition in the job market

Most of the students out there are pursuing business management. It will be difficult for the job market to meet such a massive supply of graduates. You’ll probably end up jobless.

Fact:

Bureau of Labour Statistics states that the employment of management sector is expected to rise by 7 per cent from 2018 to 2028, resulting in about 706,900 new jobs.

This employment growth is to be driven by the formation of new industries and the development of existing ones, which would require more professionals to manage these operations.

The above statistics are enough to prove the growing importance and job opportunities in the business management field.

Now that we have debunked some of the most prevalent myths related to business education, you can think and take that leap of faith. Attempt to choose a course that you’re both passionate and happy about because otherwise, nothing in your path will make any sense to you.

It would be best if you were studying to expand your knowledge horizons in a field you’re interested in, and not what other people think about it. Because ultimately, what course you pick doesn’t determine your success — it’s you!

Looking for Gateways Towards a Lucrative Career? Here’s How Business Analytics Management can Help

The technological advances in the last decade have impacted our world, and the business world in particular, in significant ways. An extensive amount of data today is being gathered and stored. Furthermore, ever faster computers and optimization methods are now available to transform this data into information for better business decision-making.

The evolution of data analytics makes it possible to implement advanced methods to solve business problems for multiple sectors & industries — ranging from detailed supply chain optimization to health care applications and service industries.

The methodology that refers to the skills and technologies to explore business data is called Business Analytics (B.A.). It uses statistical and quantitative analysis, data, and predictive modelling to make businesses work better. Through business analytics, organizations can tap on trends and patterns underlying their data.

For instance, by figuring out data of their customers (age, location, and shopping history), firms can precisely determine what products or services can be offered to boost sales or build brand loyalty.

Business analytics, as a profession, demands technical skills, strategic thinking, and business acumen to turn data into insights and insights into active business decisions.

What is Business Analytics Management?

Business Analytics Management is defined as a process of methodical exploration and management of business data.

The methods in Business Analytics rely on statistical analysis and encourage organizations to make informed decisions. It also empowers companies to optimize and automate their business processes. Business analytics helps firms get insights about their performance, giving them a competitive edge.

Why Do Companies Need Business Analytics?

According to a recent report published in Global News Wire by Reportlinker.com, “the Global Big Data & Business Analytics Market is bound to grow from USD 192.24 Billion in 2019 to USD 446.42 Billion at a Compound Annual Growth Rate of 15.07% by 2025.”

Moreover, “the analytics software application and business intelligence market is expected to reach around 14.5 billion U.S. dollars in 2022”, published in a report by Statista in January 2020.

The data above clearly speaks volumes about the growing demand for Business Analytics as a profession in the coming years.

Today, businesses that market to customers give exceptional value to the Big Data. Their business decisions involve vast sums of money, stiff competition, and require a quick turnaround. Such companies identify themselves as “data-driven” and place a particular focus on making decisions powered by reliable information.

Data-driven companies aim to gather high-volume and high-quality data. They rely on professionals with specialization in business analytics to help them make sense of it.

Here are some industries with a high demand for business analytics:

E-commerce

E-commerce is the most relevant industry that requires data analysis at the highest level. The efficient implementation of data analysis helps the e-commerce organizations to predict the sales, profits, losses and tracking the behaviour of their customers.

Banking & Finance

Business analytics is helping the financial institutions to engage with customers in a meaningful manner by learning about their transactional patterns. The transaction data is being used in risk and fraud management.

Healthcare

Business analytics offers a relevant opportunity for healthcare providers to ensure better patient care supported by actionable insights from previous data. From improving care delivery to achieving operational experience, the data & analytics are helping in optimizing every aspect of healthcare operation by unlocking the data potential.

Transport

The use of analytics contains the potential to transform insights into planning and managing transportation networks. Insights from the captured data are being used to achieve a competitive advantage, improve service reliability, and mitigate risks.

Business Analytics Management- Right or Wrong Choice for You?

If you have a flair of statistics with an analytic and strategic mindset, you might be interested in tapping into this challenging and in-demand field.

A Post-Graduate Diploma (PGDM) in business analytics management is a perfect way to launch a business analytics career, specifically if your primary interest is in the applied aspects of the field i.e. guiding business practices through data-driven decision-making.

A PGDM in Business Analytics Management is a multidisciplinary course and covers training in technical skills, business management practices, leadership, in addition to those skills specific to business analytics.

Jobs you could Bag with your Business Analytics Management Degree

With a PGDM in Business Analytics Management, you’ll be eligible for a broad range of careers, including coveted c-suite jobs ( the executive level positions in an organization). This is primarily because postgraduates are qualified for leadership roles in a variety of business settings.

You will be eligible for data-focused business positions with a background in analytics along with getting a distinctive edge for more general positions in business management.

A typical job role for business analytics includes obtaining data from multiple sources, running it through the analytics platform, and creating visualizations of the same.

They then proceed to spend hours analyzing the data from various perspectives, looking for trends that may reveal problems or opportunities. These insights are then communicated to business and technology leaders with recommendations to adapt to existing/new business strategies.

The business analytics role might come with a lot of accountability, but the rewards are worth all the toil & hard work. The field will continue to evolve in the coming years, and the businesses will be heavily relying on the insights from the analysis (rather than instinct).

So, if you have it in you what it takes to be the one, NOW is the chance to make a breakthrough career in Business Analytics. Give it a thought and aim a great shot!

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