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Why a PGDM in Human Resource Makes For Top Industry Jobs

Like every other business function, Human Resources Development (HRD)  too, has evolved from being a typical function of people management to a refined function of enabling and motivating employees to utilize their potential and expertise to the optimal strength.

What is Human Resource Management?

Human Resource Management (HRM) is the process that covers the key procedures, activities, and policies in an organization in relation to its employees. This includes recruitment, training, compensation, and developing policies to retain talent.

While playing a strategic role in managing people and the workplace culture and environment, an effective HRM contributes greatly to the accomplishment of the company’s goals and objectives.

The Importance of Human Resources Management

The importance of resource management has increased over the last 20 years. The roles have now become more multifaceted.

In today’s modern workplace,  the work conducted by the HR team is integrated into the business and contributes towards helping it achieve its strategic goals – by implementing individual policies or by developing a more beneficial workplace culture. That is why HRM has turned from being a process-orientated function to one of great strategic importance.

Nowadays companies need to be adaptive, customer-centered, and quick to change their pace and direction. Within such an environment,  HRM’s effectiveness is crucial to business success. HR professionals establish systems for employees which includes their performance development and career succession planning.

Roles & Functions of HR

1. Employee Recruitment

This is the process of identifying talent gaps and finding the right people to fit in the roles. 

HR recruitment process consists of four stages:

• Job analysis
• Sourcing 
• Screening  
• Selection of the right candidates

2. Employee Orientation

Also known as onboarding, another core function of HRM is employee orientation. It is the process of teaching new recruits the required skills and knowledge.

The main objective of this orientation is to provide new recruits with adequate information regarding the company’s targets, policies, and activities.

3. Employee Development

Employee development refers to the efforts for improving personal, team, and organizational effectiveness. 

Why will HR be a fundamental key for companies in 2020?

Today we live in the full digital expansion where organizations must adapt in all areas to survive and lead markets in a global context of change. VUCA – Volatility, Uncertainty, Complexity, and Ambiguity defines the way we relate to our employees, customers, and suppliers.

According to a study carried out by the European Union, it is estimated that by 2020 an increase in the number of workers specialized in Information & Communications Technology (ICT) skills will be needed in the market. 

This implies that learning curves are more limited and the HR department has a decisive role in the development, management, recruitment, and retention of talented employees.

Here are the most inspiring HR trends for 2020

1. Transversal work teams and marketing strategies to attract talent
2. Automation in the recruitment process and HR tasks
3. Employer branding

4. Transparent internal communication tools

5. Diversification of the workforce
6. People analytics – the effective use of Big Data

PGDM in HR 

PGDM in HR lays a foundation by developing an individual’s approach toward managing employees with a strong focus on HR practices and strategies. The course also includes the legal context of handling labor and workers in the organization. 

The course seamlessly embeds modules specifically aimed toward HR-related competencies in functional areas such as hiring employees, onboarding, training and development, performance, compensation, engagement, and inclusion.

Skills Desired To Be A Successful HR Professional

Much has been said about HR – they are people-oriented, the soft side of management, and stable in nature but organizations and HR roles have undergone a drastic change. A successful HR professional should –

• Love to challenge convention
• Can handle volatility in people
• Can map your contribution to business results
• Quick to innovate new processes and systems
• Think about people and procedures

Career Opportunities in HR

Under Human Resource Management, you have the opportunity to specialize in a specific area or even work as a Generalist. Some of the specialized areas within HR that you may opt for are:

• HR Generalist
• Training and Development Coordinator
• Corporate Trainer
• Recruitment Specialist
• Technical Recruiter
• HR Analyst
• Talent Acquisition
• HR Consultant
• Compensation Specialist
• HR Shared Services

 On the off chance that you have a PGDM with a specialization in HR, you will get many lucrative offers for corporate jobs in HR. 

Go for it!

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

Careers You Can Pursue With An International Business Degree

Today, the “business world” really does encompass markets across the globe. Thanks to modern technology, more companies and organizations than ever are handling business transactions that span countries and even continents. If you don’t want anything to hold you back in the ever-evolving field of business, studying global business can help you understand the complexities of handling foreign deals and transactions.

Understanding International Business as an Academic Subject

Most international business programs cover the same fundamental business theories and practices that you would find in a general business program. After all, no matter where they plan to conduct their business, students need to know the basics of business to succeed. Often, this includes taking classes I,n accounting, economics, finance, human resources, management and marketing.

However, the best international business programs also leave their students with a strong educational foundation in managing global businesses specifically. These programs often include studies in subjects like globalization, the laws and regulations that affect, international business trade, global supply chain management, and cross-cultural management. 

Even the more general business subjects may require a new perspective or approach when applying them to other regions, which is why global business degree programs frequently offer courses such as international marketing.

Of course, there’s more to being successful in the business world than simply knowing basic business principles. Aspiring business people who want to work in international trade must understand the different societies with whom they will do business, including their beliefs and , etiquette. 

That’s why coursework in the geography, politics and cultures of various nations and continents is also common for students pursuing a degree in international business. Some – but not all – global business programs may encourage or even require that students learn a foreign language, complete a study abroad experience, or both.

Importance Of International Business Studies

 The increasing globalization of the business world isn’t just a trend that’s likely to change direction anytime soon. The phenomenon has been going on for long enough that having “knowledge of international business practices is becoming highly valued in job candidates,” according to the United States Bureau of Labor Statistics (BLS). This means having a degree in global business could set you apart from the crowd when it comes to finding your dream job.

An International Business career enables you to travel around the world, interact with high-level clients, and shape organizational outcomes. It’s a career that cuts through complex intercultural issues—helping you make a lasting impact on global organizations all while positioning yourself for professional advancement.

With a growing world economy, many corporations have offices overseas and are looking for international business employees, such as management and financial analysts, marketing managers, HR professionals, executives, and economists. These companies include IBM, General Electric, Apple, General Motors, Amazon, and Facebook.

If you’re looking to enter the international business, keep in mind that the majority of global roles prefer or require an advanced degree. According to a 2017 report from Burning Glassspecialization, 57 percent of employers prefer or require a specialisation program for positions within international relations.

If you’re considering a career in international business, here are seven popular roles a Post Graduate Diploma (PGDM) program can provide:

1. Management Analyst

Management analysts, also known as consultants, create new ways of improving an organization’s efficiency. They advise upper management on how to enhance company performance by solving organizational problems, such as evaluating a new market expansion program or adapting to a different operations strategy.

In particular, global analysts help companies find solutions to issues regarding foreign markets. They work with companies on specific projects within a wide range of areas on a global scale, including management, market research, corporate strategy, finance, and information technology.

An international analyst’s responsibilities may also involve:

• Gathering and analyzing company data, such as revenue, expenditure, and employment reports, across international divisions
• Determining how to lower company overhead, such as supply expenses, financial expenditures, and global staffing
• Interviewing management overseas to determine the best methods and resources needed to resolve company issues on an international scale
• Recommending new systems, practices, and organizational changes to be implemented within each global office
• Working with managers to ensure that changes are being implemensectorsfectively

Analysts work in both the public and private sector, including the government, nonprofits, small and medium-sized businesses, and large corporations. They may be freelancers or employed by consulting agencies. 

2. Marketing Manager

Marketing managers must balance a competitive business strategy with a creative vision. They often work with art directors, sales executives, product developers, public relations managers, and other employees to create engaging marketing campaigns.

In addition, international marketing managers are responsible for increasing global sales. They must be aware of global market trends and develop products that meet demand worldwide.

Global marketing managers’ duties also include:

• Overseeing budgets, contracts, marketing plans, and advertising media with management and team members across international markets
• Planning marketing campaigns to reach target markets, including specific age, gender, income, and education demographics, based on global needs
• Initiating market research and analyzing findings to determine customer opportunities
• Examining the international demand for company products and services while studying what their competition offers
• Developing pricing strategies for a company’s products or services
• Ensuring consistent brand tone and messaging across all platforms
• Leading content generation and production across digital and print media

3. Executive

Executives plan organizational strategies that align with their company’s mission while managing employees and resources, with global executives overseeing company goals, policies, and procedures across international divisions. Their responsibilities may include:

• Directing operational activities to create in-demand global products and services
• Discussing company performance with other executives, staff, and board members worldwide
• Negotiating and signing off on contractual agreements
• Assigning department heads and managers overseas
• Analyzing company reports, including financial and sales data
• Identifying areas to reduce costs, increase revenue, and improve company performance

Executives can include chief executive officers, chief operating officers, and general managers, whose responsibilities vary based on the size of their company. In general, the larger the company, the broader the executive’s responsibilities. They can be found in every industry, including education and project management.

Executives need strong decision-making, management, and problem-solving skills to handle their organization’s needs. As company leaders, executives are effective multi-taskers, managing numerous projects while making sure their work is completed under the deadline.

4. Human Resources Manager

Human resources managers recruit and hire employees, discuss organizational objectives with executives and serve as a liaison between top management and employees.

International HR managers manage workforce diversity, legal restrictions, and the relationship between training and professional development on a global scale. They align legal compliance with labour and tax laws worldwide. In addition, an international 

HR manager’s duties comprise of:

• Aligning management with its employees to support global organizational development and culture
• Coordinating and directing employee benefits programs across foreign divisions
• Working with other managers on sensitive HR issues in accordance with national laws, such as equal employment opportunity
• Handling staffing issues, including disciplinary action, productivity, training, compliance, payroll, and outsourcing
• Supervising international contractors, support staff, and employees
• Overseeing company retention procedures and ensuring a supportive, collaborative company culture

HR managers also enhance their company’s efficiency by identifying ways to keep employees motivated. For example, they might notice a decline in a department’s productivity and, as a result, recommend several strategies to keep employees motivated in order to maintain employee happiness and performance.

5. Financial Analyst 

Financial analysts produce reports, guide investment activities, and develop strategic planning to support the long-term financial goals of a company. They combine the technical and communication skills needed to enhance their organization’s bottom line.

As investing becomes more international, global organizations want financial analysts who understand the region’s language, culture, environment, and political background. International analysts must understand how global currencies, diplomacy, and worldwide stock exchanges affect their company’s bottom line.

Global financial analysts may also focus on:

• Recommending foreign investments and portfolios
• Analyzing current and historical financial data to determine global market trends
• Studying international economic and business patterns
• Examining their organization’s financial records across global divisions
• Preparing financial reports and presentations to review with management
• Evaluating their company’s financial decisions to help enhance company performance
• Listening to and understanding their client’s needs, effectively communicating their recommendations to enhance client outcomes.

Financial analysts typically focus on patterns affecting a specific industry, geographical area, or particular product. For example, an analyst may focus on the healthcare industry, a region such as the United Kingdom, or the foreign stock exchange. They understand how different regulations, policies, and political and economic trends can influence individual investments and portfolios.

6. Economist

 Economists study the production and circulation of resources, goods, and services by analyzing data, developing theories, and evaluating economic issues. They work in a variety of fields, including education, development, and healthcare.

International economists analyze global issues, such as international consumer demand for certain products or services, to help increase a company’s profits. Some economists may work for research institutes, while others work for major international organizations, such as the World Bank, United Nations, and International Monetary Fund. Many economists work for federal, state, and local governments, analyzing data about their country’s economy, including employment, pricing, productivity, wages, and other types of national data.

Global economists’ responsibilities also include:

• Conducting surveys and examining international data using statistical analysis, database management programs, and other complex mathematical tools
• Studying and forecasting global market trends
• Creating reports, tables, and charts representing their findings
• Designing policies and making recommendations to solve economic issues worldwide

Economists project spending needs and notify policymakers on the economic impact of current laws and regulations. Given their significance, economists’ findings are frequently published in newspapers and journal articles.

7. Policy Analyst 

 Policy analysts study complex problems and recommend solutions for a wide range of political issues, from homeland security to healthcare and environmental policy. They examine governments, political trends, legal systems, and other related issues, and their research helps inform public policy.

Global policy analysts typically focus on one or more areas pertaining to international relations, international trade, global business policies, national defence, international economics, and foreign law. Their duties include:

• Evaluating outcomes related to proposed regulations, legislation, or resources on a global scale
• Monitoring international events and policy decisions
• Developing and testing theories using statistical analysis and other tools
• Gathering and examining data from various sources, such as election results and public opinion surveys
• Identifying key trends, policies, and strategies worldwide

In addition, analysts must have strong written, public speaking, and interpersonal skills. They can work for governmental agencies or multinational corporations, often writing reports, publishing articles, and giving presentations to government officials and best executives.

From consultant to marketing manager to the economist, professionals who enter international business open themselves up to roles shaping organizational strategy, directing global policy, and managing corporations.

There are a number of different paths people can take with a PGDM in International Business. Find a career based on what resonates with you, what matches your skillset, and what you excel at.

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

Why Choose a PGDM in Supply Chain Management

According to a report released by McKinsey in 2018, “Organizations that adopt digital supply chains boost annual earnings by 3.2 percent on average.” This represents the largest increase in digitization of any business function. By coupling the right technology with seasoned logistics expertise, retailers are unlocking significant new values from their supply chains and are deriving profitable results.

What is Retail and Supply Chain Management?

Simply put, Supply Chain Management makes sure all the products you use in a day – including those you consume, wear, or communicate with – reach you at the right time, in condition, and at the right price. It consists of the complete network of different parties involved in getting goods from the supplier to the consumer.

Importance of Retail and Supply Chain Management

With the ever-increasing competition in the retail industry, customers are now demanding more services. Therefore retailers offer a variety of products at lower rates and raised levels of services in their supply chain to gain a competitive advantage. 

A few of the major advantages of solid supply chain management are listed below:

• Facilitates the sellers to decrease the inventory lugging costs. 
• Helps in enhancing all business processes, like data accuracy, purchasing, warehousing, and distribution for retailers.
• Helps in conserving operational and transportation costs in the retail market.
• The supply chain boosts customer satisfaction if the quality is maintained throughout.

Statistics reflecting growth in the Supply Chain Management

Retailers are the dominant partners in most supply systems. They are the active controllers organizing supply in anticipation of, and reaction to consumer demand.

According to a report released by Kees Jacobs, Vice President, Global Consumer Products and Retail Sector at Capgemini: “The basics of supply and demand are still winning factors. Consumers still consider the variety/range of stock available (34%) and convenience of an outlet’s location (21%) as the primary factors for choosing to shop with one retailer over another (when the price is not a factor).”

Notably, the expenses that fall under the SCM (Supply Chain Management)  are receiving strong attention from the top organizations, according to a report released on Oct. 6, 2019, by the Retail Industry Leaders Association (RILA) and the Auburn University Supply Chain Management Program.

The reports also state, “SCM executives are now finding themselves in the spotlight and must perform their brand of magic to save the show. The role of supply chain management (SCM) within their organizations is to better manage inventory, control costs and maintain first-rate customer service.” 

The Ever-Increasing Demand

“The situation is only intensifying. In the fourth quarter, and in 2017 as a whole, U.S. online retail grew faster than it has since 2011. E-commerce now represents 13% of total retail sales in 2017 and 49% of the growth. No longer can retailers view e-commerce as a side gig that may or may not pan out. It is the primary future growth engine that must be mastered to remain competitive and relevant”, says the 8th Annual State of the Retail Supply Chain (SRSC) Report. 

As quoted by Mr. Vivekanand, Country Manager, India & SAARC, Greyorange, “The logistics and supply chain management function have been undergoing an unprecedented transformation in the last few years, fueled by innovations in IT and digitization. Government initiatives like Make in India and Digital India are providing thrust towards the logistics and supply chain management function. According to a study by The Associated Chambers of Commerce and Industry of India (ASSOCHAM), the logistics market in India is expected to grow to US $307 billion by the year 2020, recording a CAGR of 16 percent on average.”

Supply Chain Management as a Career Prospect

As the above statistics reflect, an increase in globalization of businesses and supply network have made Supply Chain Management one of the trending jobs in the market with impressive salary growth in the future.

A bright future is certain for those with the right attitude and the right degree; someone equipped with comprehensive knowledge of retail and supply chain management is a strong candidate in the job market.

A PGDM in Supply Chain Management will develop certain skills, that are considered essential for supply chain professionals:

• Project management
• Ability to understand financial statements
• Understanding of e-business/e-procurement systems
• Cost accounting skills
• Problem-solving skills
• Handling legal issues
• Ability to logically organize thoughts
• Understanding of cross-cultural/global issues
• Business ethics
• Decision making
• Effective communication
• Time management
• Ability to meet customer’s expectations
• Ability to pass on knowledge and mentoring

What are the possible job opportunities in Supply Chain Management?

Under Supply and Chain Management sector, you could see yourself as:

1. General Manager

Oversees all administrative functions in the business.

2. Expeditor

Expeditors are responsible for communicating with vendors and shipping companies to ensure that all critical deliveries arrive at their destinations on time.

3. Supply Chain Analyst

Conducting data analysis to improve supply chain operations.

4. Business Manager

Supervising the activities of workers; hiring, training and evaluating new employees.

5. Logistic Manager

Overseeing warehouse, inventory control, material handling, customer service, transportation, and workers.

5. Retail Store Manager

Running a store successfully, by constantly contacting their customers and staff.

6. Purchasing Manager

Seeking reliable vendors or suppliers to provide quality goods at reasonable prices. Negotiating prices and contracts.

7. Inventory Control Specialist

These logistics professionals monitor and report item inventory, in the warehouse or retail settings.

8. Warehouse Operation Manager

Responsible for developing warehouse operations systems by directing product handling and storage requirements.

The Final Word

Today, companies are developing global operational networks to meet challenges and take advantage of the opportunities presented to them by economic globalization. These companies need professionals with expertise in the field of logistics and operations management. With the growing number of jobs in this field, those with the right skills can be extremely valuable and in demand.

Click Here to enquire more about PGDM in Supply Chain Management from GIBS Business School, Bangalore

Score a Successful Career in Businessworld After BBA

Once students complete their class 10 boards, they usually have three primary streams to choose from for their class 12 boards, namely Commerce, Arts, and Science. It is after class 12 that it is very crucial to what course you take up that will shape your career path in the direction you want it to go.

With a myriad of options available in terms of courses and colleges, students tend to become confused as to what is the best pathway to a successful career. Irrespective of the stream, Bachelor’s in Business Administration (BBA) Degree is one such professional course that any student can pursue if they wish to make it big in the business world. It is a three-year-long undergraduate program. During the study, you have the option to specialize in the sector of your choice. The economic liberalization of India in the nineties has increased the demand for individuals with sound business knowledge with dynamic managerial capabilities. Companies need professionals who have sound business knowledge and who can manage the operations of the organization while excelling in management duties. They have a chance to later progress toward senior management roles. Thus, a course like BBA has become a popular choice for students across the globe. 

The focus of a BBA Degree

A bachelor’s course in business focuses on the core functions of the company, including marketing, finance, strategy, decision-making, etc. It also develops your managerial skills, teamwork, and communication skills. Some of the many skills that students also develop are organizational behavior, necessary management skills, legal & regulatory framework, entrepreneurship development, etc. As a BBA student during the study, you can choose from an extensive range of specializations, some of which are listed below:

• Marketing Management 
• Finance Management 
• Human Resource Management

Eligibility for a BBA Degree

As mentioned earlier, a BBA degree is a three-year full-time programme that teaches you in-depth learning of business management concepts along with giving you hands-on training so that you can face and overcome the challenges of the real world. Students from any stream can opt for a BBA Degree as it teaches the basics of management while inculcating skills crucial for overcoming the problems of a business environment. To be eligible, students have to complete their HSC (10+2 level) from a recognized educational board with a minimum of 60% marks.

Prospects after your BBA degree

MBA Degree – Attractive job opportunities are one of the biggest reasons for the popularity of BBA. Plenty of job opportunities and that too in diverse sectors welcome BBA graduates! They have the edge over other students due to their practical knowledge, and hence a preferred choice for most hiring companies. 

One of the best opportunities BBA students get is a chance to pursue an MBA degree. It opens a wide range of career choices and managerial job roles. Also, they will have an advantage over other students due to already having a basis in management studies. 

Managerial Roles – The managerial job opportunities you can receive after BBA can include –

• Information Systems Manager
• Business Administration Researcher
• Finance Manager
• Marketing Manager
• Business Administration Researcher
• Human Resource Manager
• Research and Development Manager
• Business Consultant

In terms of industries, the following offer lucrative career options:

• Banks
• Export Companies
• Educational Institutions
• Marketing organizations
• Multinational Companies
• Business Consultancies
• Financial Organizations

Government Jobs – Once you complete your graduation, you can apply for several government jobs, including the roles of a Bank Probationary Officer and Railways. Also, you can sit for the SSC examinations to secure employment at the Central Government level.

Entrepreneurs – For those who desire to call the shots themselves, they can set up their own business. The start-up culture is indicative of the flourishing entrepreneurship industry. A BBA programme imparts all the skills needed to set up and run a successful business venture. 

Chartered Accountant (CA) – For students with a keen interest in finance or accounting, preparing and appearing for CA is the best option. With a CA degree in hand, they are sure to find some of the best placements in multinational corporations and with a hefty salary too! 

Law – BBA is a three-year bachelor’s degree that allows students to pursue an LLB course after. It opens a pool of opportunities in the legal profession for the students. They can opt for legal roles in multinational corporations, which not only offer growth and exposure but an attractive salary also.

Work at foreign embassies – Not many are aware, but numerous foreign embassies require employees from a management background. Thus, for students interested in other cultures and a desire to learn about them in detail, try for a job role at a foreign embassy. 

These are just some of the many options available for BBA graduates. They have a whole world of lucrative career options available to explore once they have finished their degree.

A successful start to a growing career

The BBA course curriculum includes the study of concepts such as marketing, sales, human resource, finance etc. It imparts not just theoretical knowledge but also an in-depth practical experience. Learners end up working directly in various teams and gain excellent exposure to market trends, strategic decision-making, and so on. Thus, to begin your climb up the corporate ladder, BBA is the first step you will need to take!

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

How a PGDM will boost your career?

Today’s business world is competitive; it is crucial to gain an advantage over your peers to fulfill your career aspirations and build a position for yourself. But it becomes difficult for professionals with only a bachelor’s degree to survive and thrive. There are various factors due to which it becomes a necessity for professionals with a bachelor’s degree to enhance their knowledge and skill set. But the two main reasons are economic slowdown; it affects the revenue of the organization, which results in organizations moving towards lay-off for cost-saving reasons, and the second is one’s career growth becoming stagnant. 

To avoid being entrapped in unpleasant circumstances, college graduates and professionals with bachelor’s degrees are choosing to pursue PGDM to boost their careers. Recently a survey was done on Annual Employability 2019 by Aspiring Minds. It revealed that 80% of engineering graduates as not fit for jobs. This is one of the reasons that companies have become selective in hiring, and are observed to give less preference to students and professionals with just a bachelor’s degree.

Moreover, there has been a rise in entrepreneurship in India; This has created a growing demand for professionals having management and leadership skills. Thus, more and more students and working professionals are opting to pursue management studies. Post-Graduate Diploma in Management (PGDM) is one of the emerging management programs, which focuses on creating professionals with the necessary skills to become successful business leaders

What is PGDM?

Post Graduation Diploma in Management (PGDM) is a full-time two-year program designed to impart the student with overall knowledge about the modern business world. In addition, students can do industry-relevant specialization according to their career goals. The specialization offered is Marketing Management, Entrepreneurship Management, Finance Management, International Business Management, Human Resource Management, Management Business Analytics, Operations, and Supply Chain. 

What is the benefit of pursuing PGDM?

Pursuing a PGDM program has a lot of benefits. The main advantage is that its curriculum is designed in a way that develops skills that are industry-relevant and helps you in your professional as well as personal life. Some of the skills one develops during the program are listed below. 

Managing Pressure  

Today’s business world is known for being demanding. While pursuing PGDM, one’s abilities are polished to manage such difficult and high-pressure situations.

Problem-Solving Thinking

In the day-to-day operations of any organization, there arise various types of critical situations which require a strategical and problem-solving approach. The PGDM program teaches an individual how to take time and understand the situation, identify the problem, analyze it, and take strategic action to resolve the issue. 

Communication Skills

Excellent communication skills are essential in most roles in today’s business world. This is one of the main reasons that primary focus is given to communication in a PGDM program. Thanks to a wide range of tasks, assignments, and internship opportunities with leading organizations, one gets to learn the complex business language and hone their communication skills. 

Networking Skills

Networking is a skill that helps one’s growth in the long run. The PGDM program encourages students to interact with their peers as much as possible. Along with that, it provides opportunities to attend events, be a part of guest lectures, and other relevant activities that help students build a network. These activities help students in developing networking skills and navigate their way successfully in the business world.

Builds Confidence

The critical skill which one develops during the course is confidence. A student has to perform various tasks that provide practical industry-level training to help understand different concepts.

Management Skills

The curriculum of PGDM gives in-depth knowledge about how an organization performs, its day-to-day operations, meets various challenges, and overcomes them. Students get a chance to hone their managerial skills during the course.

Career prospects after completing a PGDM program?

A PGDM program enhances one’s knowledge and hones their skills, resulting in fast-tracking one’s career. After the completion of a PGDM program, one can get placed in college in higher management roles such as CEO, Consultant, Project Manager, Director of Marketing, or management, etc. in domains like Finance, Marketing, and Administration, etc. depending on the choice of one’s specialization. It will also help one to move up the corporate ladder with lucrative salary packages. 

PGDM program is designed for students who seek to become market leaders and lead organizations. However, before enrolling in the program, one must carry out in-depth research about colleges, their syllabus, and the placements they offer.

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

Overview

In a competitive corporate world like today, it is essential to gain an edge over others to fulfill your career aspirations and build a standing for yourself. The dynamic business environment poses a challenging scenario for business management graduates. Rising to these challenges may be a difficult task for those still learning the ropes of business management. This is where a master’s degree steps in to polish your leadership skills along with enhancing your industry knowledge to help you propel your career forward. 

If you have completed your BBA and are now at a crossroads thinking about your next step forward, then here is a helpful idea. You can opt for a PGDM programme and start moving towards mastering your management skills. A PDGM course is a two-year full-time programme. It is a smart career move if you are looking to boost your career opportunities. 

The pedagogy of a PGDM programme adopts an innovative approach that facilitates both the theory and practice of different functional areas of management. It equips you with the intricacies of management and sharpens your mind to meet and overcome the obstacles that are faced in the field of management. 

To assist you in your decision-making, here are some essential reasons why you should study PGDM:

Industry-Centric Curriculum – Usually, colleges offering PGDM courses are not affiliated with any University, which means they are autonomous and independent to make their own decisions. They are not required to follow a curriculum designed in previous years. Thus, with the evolving business environment, the institutes too can update and upgrade their curriculum to provide the students with education relevant to the current industry trends. Also, with a practical approach to learning, they can understand the industrial culture and build teamwork skills. 

Enhance Confidence  – A PGDM helps in confidence-building as you face challenging tasks in your class and workplace alike. According to your specialization, a PGDM gives you a practical learning experience lined up by industry experts to help you in grasping the core business management concepts and gain problem-solving skills. Apart from the regular curriculum, the students are also equipped with soft skills, expert sessions, C2C sessions, and many others to make the students confident and job-ready.

Managerial skills – One of the significant benefits of pursuing a PGDM is that it polishes your managerial skills so that you can move up the corporate ladder. 

Bridging the gap between theory and practical learning – A PGDM programme from a reputed brand such as GIBS is well-planned to offer a comprehensive learning experience to students. During the course of study, you are given general papers on management in the first year. This mode of study continues with the summer internship projects, which will help you understand about job roles, and the responsibilities of various specializations while bridging the gap between theory and reality in the industry. 

Attractive placements and salary package – Who doesn’t aim for a placement at a reputed MNC with a fat salary package? Apart from having the right attitude, skills, and performance, what you need is a degree to give credibility to your resume. In this respect, a PGDM programme from a renowned educational institution is instrumental in offering lucrative job opportunities with an attractive salary hike. In fact, numerous institutions offer placement opportunities with good firms that can drive your career ahead.  

Specializations in a PGDM Programme

While pursuing a PGDM programme at GIBS, you have a chance to choose a dual specialization during your second-year course. It prepares you with in-depth knowledge of those subjects. Below is a list of dual specialization options curated according to industry relevance:

Marketing Management 

Finance Management 

Human Resource Management 

International Business Management 

Operations & Supply Chain 

Management Business Analytics 

Management Entrepreneurship Management

A PGDM is an ideal option for those who want to grow and stay ahead of the curve. The degree offers a comprehensive learning experience with hands-on industry experience. The course enables you to grasp the skills required to efficiently manage and administer teams, take smart and logical decisions, and effectively meet the challenges of the workspace and rise above them. If you have completed your BBA degree and feel that your growth is stagnated at your workplace, then a PGDM can kickstart your growth once again. You could aspire for higher levels of management such as CEO, Project Manager, Entrepreneur, Director of Marketing, etc. Enhance your knowledge and upgrade your skills, opt for your PGDM programme and make a winning career move!

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

Why is PGDM in Finance is the right choice for your career growth?

In a scenario where money powers the world, making important financial decisions can be a life-altering choice. How do you decide where to invest when the financial market is continually changing? The three essential categories of finance are personal, public and corporate finance. Organizations across the globe understand the value of strategically managing their assets. Thus, there will always be a requirement for efficient financial planners, analysts, executives and managers around the globe across industries of every scale. The financial expertise and industry know-how of such individuals pave the way for a company’s growth, sustenance and success.

The ever-volatile economy creates a constant requirement for individuals skilled in analyzing, predicting and eventually taking steps to secure the financial present and future of businesses. Asia’s growing economy is offering a pool of opportunities for finance students. Also, due to the uncertainty surrounding the economies of the world, there is a growing demand for students who can gauge and calculate the financial risks. Job roles in financial analysis and risk management are becoming increasingly important. Another significant trend becoming evident in the job market is an increase in buy-side companies, including hedge funds and private equity funds which are seen hiring students with a degree in finance. However, finance is an ever-changing industry and owing to this characteristic; learners need to keep upgrading their skills according to the changing trends. A PGDM in Finance keeps you abreast about the dynamic economic trends and the skills you need to gain to build a fruitful career.

The programme offers a well-designed comprehensive curriculum shedding light on various aspects of financial management. It equips them with industry know-how, including the multiple challenges faced by businesses in the financial market. It prepares them to skillfully carry out their responsibilities as financial managers of an organization while understanding the process involved in analyzing cost centres, expenses and profits. The program will give them the understanding needed for preparing balance sheets while working on the goals of maximizing profits and minimizing costs.

Here are some reasons why you should pursue a PGDM in Finance:

Sharpens your skills and prepares you with industry knowledge

A PGDM in Finance hones essential managerial and time management skills in students that enable them to balance multiple duties and success in spite of strict deadlines. The role of a financial professional requires individuals to have excellent problem-solving skills, whether it is for negotiating a deal or determining ideal financial solutions. The course prepares them for all types of scenarios they may encounter in this industry. They also develop critical thinking abilities that are useful while facing challenging situations in the financial market.

Open lucrative job prospects in the financial arena

Getting a PGDM in Finance opens a world of opportunities for students in the job market. Those opting for a role in personal finance look into financing goods including insurance (personal and property), real estate or vehicle investments, savings for retirement and tax planning. Apart from this, they also analyze and suggest ways to protect individuals or organizations from unknown financial risks.

Professionals in corporate finance are required to look into the financial activities of a business organization. Financial managers have a responsibility to create a balance between risk and profitability while analyzing and forecasting economic trends. They also review a company’s financial reports and advise on ways to increase the company’s stock value, manage funds and select a profitable portfolio of investments.

Public Finance professionals, as the name suggests, manage the financial dealings of government entities, state agencies or federal entities.

What does the future hold for students in finance?

It is seen that jobs in the finance-sector jobs have high pay, even at the entry-level.

According to The Bureau of Labor Statistics, the finance sector jobs will increase by 11% by the year 2026, higher than the average occupation.

According to the National Association of Colleges and Employers’ (NACE) Winter 2019 Salary Survey projects starting paychecks in the finance/insurance fields for the class of 2019 to range from $50,500 to $69,500 annually.

The most lucrative jobs in finance include analysts, tax associates, auditors, and financial advisors.

To begin a successful career, you need to complete your undergraduate degree in the financial field, and economics or math-oriented majors are preferable. With a PGDM, you can take your career a notch higher and aim for a managerial role with a higher and more attractive salary package.

And as it is rightly said “An investment in knowledge pays the best interest.” – Benjamin Franklin

Pursue your dream PGDM with Finance! Take these next steps today:

Find out more about the GIBS full-time PGDM program here Apply Online

Reasons to Choose a PGDM in Marketing

A phenomenally designed product without marketing is nothing more than a generic commodity with a narrow number of buyers. Marketing is a tool that is utilized by organisations to propel the product into a brand. It provides the product with a specific identity, and augments adoption and conversions which in turn create a loyalty base.

The concept of Marketing is a rather broad one. It majorly carries the responsibility of driving sales and creating a brand that resonates well with the customers. In the Global marketplace, companies are subject to immense competition and rapid changes that are induced due to the internet. Marketing entails a plethora of activities that work towards the satisfaction of the customer and establish long-term relations with them. It enables not just brands but also, individuals to hold a certain power over the general public. To gain this power, a PGDM in Marketing is all you need!

The programme especially focuses on how important marketing is & its role in the structure of an organisation’s functions. As a student, you will learn everything about the modern business world. PGDM in Marketing encompasses multiple aspects of Advertising, Marketing Management, and Marketing Research. It also emphasizes the strategic role of e-commerce which has considerably improved marketing as a function at organisations.

Here are some reasons why should choose to pursue a PGDM in Marketing:

Grooms and Hones Essential Skills

A PGDM in Marketing imparts managerial training which will influence your thinking and empower you to succeed at work even during times of pressure and deadlines. It will groom you to transform into a highly creative and focused marketing professional. The course hones your decision-making and problem-solving skills along with personal growth and leadership abilities in a marketing environment.

Offers Opportunities to Progress and Develop

There are two main domains that the marketers can choose to pursue viz the client side and the agency side. If you choose to pursue the client’s end, you will work in the marketing department of businesses, non-profit organisations, or public sector departments. Choosing the agency way of work would mean working for a business (agency) that offers marketing and advertising services to other businesses. As a client servicing marketer, you are likely to assist in marketing by helping out with multiple tasks at the entry level. Later, you could go on to become a marketing coordinator and if your employer company sells products then you will work alongside product designers and product managers. As you progress through, you can become one of the department head honcho like a marketing manager or director.

Working on the agency side can offer exciting multiple opportunities in various different domains like public relations, market research, and even, project management. These roles also come with a range of progression levels. For people who possess strong management, financial, and negotiation skills, there are designations like media buyers and account managers.

Much needed in All Businesses and Industries

In today’s global business landscape, every organisation, commercial and public, needs marketing. The business’ success depends on the quality of marketing that it indulges in. From financial firms and government departments to fashion retailers and charity organisations, each one of them requires good marketing strategies and tactics that sell their services and goods.

With the application of your marketing knowledge in any domain or industry, you can become a key player in the success of any company.

Allows You to Explore Your Creativity

If anything, marketing has to constantly evolve, remain fresh, and stay updated with the current trends. The messages that are put out during marketing need to be refreshed from time to time to remain interesting and stand out in the noise of messages by the competitors.

You will have to continuously work at finding innovative ideas to approach a problem and find its solutions. As a marketer, you will be expected to think out of the box and complacency has no place in the marketing scene. There are very few jobs in the world that have creativity and innovation on their hinges, the way marketing does.

You will be able to use your creativity in a number of ways from developing the big picture of marketing strategies to the minute details of what the creatives should entail.

The massive response and success of a campaign that will transform the identity of the company and bring in fortunes will offer you satisfaction like no other profession does.

If you have the knack and the forte, the domain is filled with ample opportunities for both behind-the-scenes and front-line roles which are progressive and always on the verge of constant evolution. Pursue a PGDM in Marketing and witness the colors of success that it brings along.

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

GIBS Post-Graduate Diploma in Management – A Stepping Stone To Climbing The Corporate Ladder

A thriving corporate culture and exponential growth in entrepreneurship in India have created a rising demand for individuals skilled in management and leadership roles. Thus, we see more and more students opting for management studies. Post-Graduate Diploma in Management (PGDM) is one such sought-after management programme that prepares its students to become successful business leaders through both theoretical and practical knowledge of the different functional areas of management.

Considered one of the Best Business Schools in Bangalore, Global Institute of Business Studies (GIBS) offers a two-year full-time PGDM programme approved by the All India Council for Technical Education (AICTE), the Ministry of HRD, and the Government of India. Together with a myriad of specializations to choose from, a constantly updated curriculum, and a state-of-the-art infrastructure, it equips learners with the skills needed to stay ahead in the highly competitive corporate world.

Envisioning successful global business leaders

An institute of international educational standards, GIBS envisions becoming the preferred destination that prepares future global leaders through quality learning. With a mission to create a center of academic excellence having a collaborative environment, it aims to prepare management professionals with a global mindset and catalytically transform them into world-class experts.

Adding feathers to the cap

Undoubtedly one of the best management colleges in Bangalore, GIBS has proven its excellence through a wide range of recognitions it has received over the years. Some of the most prestigious awards and associations include:

• AICTE, UGC, MHRD, and ISO certified
• Recognition for the “BEST EMERGING B-SCHOOL IN BANGALORE” by Worldwide Achievers in World Education Summit & Award 2019.
• Ranked AA+ for providing a high-value practical & ‪‎quality academic MBA program in Karnataka by ‘Careers 360 – The Education Hub’- 2019
• Associated with CAT 2019, XAT 2020 ATMA 2020, CMAT & ATMA 2020
• Awarded ” Student Choice Award 2017 ” from ” College Search ” for “The Best Industry Exposure” & “Best Startup Incubator” by College Search.com
• Winner of Student’s Choice 2016 for Best Academic Infrastructure by College Search.com

These are some of the many feathers in the cap that have created a niche for GIBS in the world of business and management education. It continues to garner accolades for its excellence and quality learning with each passing batch. Thus, students pursuing their PGDM from GIBS or planning to pursue it in the future can be assured of being in one of the most recognised business schools in India.

What goes into creating distinguished business leaders of tomorrow?

A well-planned industry-oriented PGDM curriculum at GIBS gives the students an in-depth understanding of real-time business problems and find solutions to help overcome them. During the programme students complete a three-month internship and submit a placement project during their 2nd year. They are taught the importance of planning a business strategy while focusing on ways that can enable them to meet short and long-term goals efficiently.

Students get a chance to visit various organizations to understand and analyze the global market and submit a detailed report for evaluation from their faculty. They are given an opportunity to be part of outbound training programs that aim at enhancing their performance potential. Through industrial visits, students can explore a whole new learning environment. They are also required to submit research papers individually or in groups and participate in group discussions to help them work on teamwork and idea-sharing abilities.

Students can choose from a wide range of dual specializations in the second year of their PGDM course. These specializations include:

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

Studying in a pollution-free perfect environment

Designed with state-of-the-art infrastructure, the GIBS campus fulfills all the norms and parameters set by the government. Along with a comfortable and pollution-free campus, students have access to a wide range of amenities including a Wi-Fi Campus, Classrooms, an Auditorium, Seminar Hall, a Conference Hall, Well Equipped Library, a Career Counselling Room, a Computer Lab, and more.

Also, well-facilitated and aesthetically designed hostels ensure a cozy living space with a host of comforts for those living away from home.

Learning from real-life experiences

True learning is never confined to the classroom itself. GIBS pedagogy for their PGDM programme is a mixed bag of classroom and experiential learning. What further enhances the education experience are valuable inputs shared by industry experts through guest lectures, workshops, and seminars. Through the ‘GIBS Talk Series’ Alumni, startup owners, and industry leaders are invited to share with students their insightful knowledge shaped through years of experience in the corporate world.

Also, multiple events such as cultural programs, sports tournaments, CSR activities, patriotic events, management fests, business meets, festival celebrations, etc. are conducted during the PGDM course. These assist the learners in building relationships, improving communication skills, becoming a team player, etc.

A successful start with placement sessions

Not just an enriching learning experience, GIBS also offers its PGDM students an opportunity to breakthrough into the corporate world through placement sessions. A value-adding education and a chance to make it big in the business world are the perfect formulae for a successful tomorrow. GIBS gives you a chance to grab both, with their Post-Graduate Diploma in Management (PGDM).

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

All you must know about the PGDM courses offered at GIBS

Brief on GIBS PGDM course

Global Institute of Business Studies (GIBS) offers its flagship PGDM programme in the field of management. Considered one of the best business schools in Bangalore, this programme by GIBS Bangalore is one of the most prestigious and highly rated in the country. The course is recognized by the All India Council for Technical Education (AICTE). 

The PGDM course at GIBS helps students in learning the intricacies of management and also sharpens their minds to tackle the everyday impediments that are faced in field management. The course is specifically designed to embed essential skills and capabilities within students to become competent future leaders. The learnings taught in the course help build critical skills and abilities to hold managerial positions in diverse industries or firms. 

The programme aims at preparing the students for the global and social issues that they might face thereby helping them develop the ability to deal with them. The course equips the students with an amalgamation of characteristics to handle any situation they face in their professional life. 

GIBS offers Dual Specializations in the following domains

• Marketing Management (Mandatory)
  With the current market scenario, every management graduate must be aware of how the marketing field operates. Therefore, Marketing Management is a mandatory specialization for a management aspirant at GIBS. There are diverse fields of marketing where an MBA aspirant specializing in marketing may pursue his/her career. The skillset developed during the programme makes them fit for other career options as well, including entrepreneurial and consulting management.  
• Finance management specialization in finance balances the analytical study with management classes. It can also be a great way to direct your career toward C-suite jobs in the evergreen field of finance. GIBS, with its summer placement specifically for the finance field, allows students to get in-depth knowledge and hone their skills in this domain.  
• Human Resource ManagementWith HR as specialization, GIBS creates people managers. The curriculum in the programme helps the students hone their managerial abilities while working on people skills. They develop strategies for hiring, managing performance, and also rewarding employees. 
• International Business ManagementMapping the global dimensions of business, IB management is a specialization that focuses on the international dimensions of management, including finance, marketing, and economics. Students taking IB as their specialization in the course gain an understanding of the international aspects of business in the field of trade, finances, and industrial development. 
• Operations & Supply Chain ManagementWith Operations and Supply Chain Management as your specialization, you can gain a richer understanding of the intricacies that companies are facing in today’s global networked economy. A student can master the fundamentals of operations, logistics, planning, sourcing, and strategy with this specialization. 
• Business Analytics ManagementA specialization in BA management offers an in-depth introduction to big data analytics for all business professionals, including the ones with no prior analytics experience. The students taking BA as one of their areas of expertise can learn to make data-driven business decisions and achieve fluency in business data strategies. 
• Entrepreneurship ManagementTurn your idea into a funded business. With guidance from experts at GIBS, you can develop an entrepreneurial mindset and hone the skills you need to build an organization with high potential for growth and funding or to identify and pursue opportunities for growth within an existing organization.  

Scope and Career Opportunities

With a GIBS domain-specific curriculum and highly qualified-experienced faculties, the PGDM course is designed to build essential capabilities and skills within a student to possess managerial positions in various companies and firms. The programme offers more of a practical approach to make the students responsible for their duty towards society. 

At GIBS, every student is united by their passion and ambition to invest in their careers. However, students at GIBS receive unparalleled learnings and career opportunities that give them an extra edge over others. Despite coming from different geographic backgrounds, levels of experience, and career aspirations, they all go through standard teaching methodologies and industrial exposure. 

Why choose GIBS for PGDM? 

In a developing nation, there’s a never-ending demand for smart, hardworking, and qualified professionals. At GIBS, we offer a consistent and transparent placement process, which is created to meet the ambitions of the graduating students and serve the interests of the recruiting companies. GIBS endeavors to meet the expectations of a broad spectrum of industries and uniquely skillful students. GIBS has seen its students doing remarkably well as budding managers during the internship process while bagging some hefty pre-placement offers (PPOs) from diverse organizations. 

Recently, GIBS was ranked 28th best B school by CSG (competition success review) for outstanding B-schools of Excellence in India. Also, it bagged 15th place in the list of Best Private B Schools in Karnataka by CSR (competition success review). 

Today, every other organization has branches across the globe. Therefore, GIBS, with its programme, gains an international perspective and international exposure during the PGDM course. A few of the esteemed International universities with which GIBS has tied up are as follows: 

• Nottingham University, UK
• Stevenson University, USA
• Lincoln College, US
• Lincoln University, Malaysia
• Putra Business School, Malaysia

Moreover, to enhance their academic performance and gain more knowledge, PGDM students get 5 to 7 days of international tours during their course. This tour includes workshops, guest lectures, industrial visits, sightseeing, and university visits.

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