- By Arya Admin
- In
Student Blog,
- Posted January 18, 2021
Importance of pursuing online MBA Courses in India
What are the importance of pursuing online MBA Courses?
In today’s competitive job market, an undergraduate degree at top MBA college is not enough. Employers seek highly qualified and skilled individuals who can bring work teams and companies closer to their goals. The best thing about enrolling in an online MBA courses is that these programs are designed to encourage the overall grooming of graduates. It helps you develop industry-specific skills and knowledge and learn the nitty-gritty of business management.
Naturally, MBA graduates well-prepared to take different kinds of job roles across industries. Completing online MBA courses in India can help them advance into a leadership role in their current organization. It can add to your knowledge and skill-set and further provides the confidence to make a career transition.
Hiring Trends for MBA Candidates
A research has been conducted by the students of Best MBA Colleges in Jaipur which shows that the not-for-profit public companies and Fortune Global 100 entities are among the top recruiters. MBA graduates find employment in large corporations and bring their talent to smaller organizations, startups, and nonprofits. Therefore, the online MBA courses in India open doors to big corporates and promising startups. Leading industry sectors for MBA hiring include healthcare,energy and utility, and business consulting firms.
Online MBA degrees are designed to build a business acumen and help students of MBA colleges excel as a manager and leader in their chosen career field. Thus, they can specialize in a subset of business within their program. Online MBA in India have specializations in information technology, marketing, supply chain management, economics, and many more.
MBA courses in India - Trends in MBA job functions
Manufacturing and service industries hire MBA graduates to lead their marketing efforts. As for healthcare, business administration graduates tend to employ in either marketing or finance roles. Going by the organization size, they work in strategy jobs in large companies and mostly fill sales and business development positions in smaller start-ups.
Syllabus of online MBA Courses
Every online MBA course in India has its own curriculum with one common thread including the programs that aims to equip graduates with some working knowledge of business and specific core competencies that allow them to succeed in the workplace. There are some master’s level business administration subjects and how they translate into the workplace including the following:
- Financial modelling - Financial statement analysis uses quantitative models for financial decision-making. They use Excel to forecast outcomes, conduct risk analysis, calculate the time value of money, cash flows, etc.
- Strategic marketing - Create profiles of target customers, conduct a needs assessment of target customers, prepare go-to-market strategies for products and services, develop data-driven pricing and promotional plans.
- Corporate communications–Produce information in a way that is easy to understand by diverse business stakeholders, delivers the intended messages effectively using written, spoken, and mixed media.
- Organizational behavior - Establish productive relationships with colleagues and team members, lead cross-functional teams and manage subordinates, promote the organization’s culture.
- Ethics and compliance - Maintain regulatory compliance of projects, identify ethical issues and suggest solutions, mitigate risks by ensuring transparency.
What can you do with an online MBA Course?
With an online MBA course, students of Best MBA Colleges in Rajasthan can choose to work across diverse economic sectors in a range of different roles. There are some senior-level positions that can be within your reach with an advanced degree.
- Marketing Manager - As a marketing manager, MBA in Marketing graduates manage and overlook the advertising, marketing, and sales efforts of an organization. Alternatively, they can be put in charge of a particular product or service. Also, advertising agencies require marketing managers to work with content creators and market research analysts. Reporting to company executives about the campaign success is one of their job responsibilities.
- Communications Directors - These MBA professionals direct the overall image of an organization by implementing different messaging strategies. They coordinate advertising, public relations, and social media activities by supervising organizing press conferences, news releases, and liaising with the media.
- Director of Business Operations - They plan and implement strategies to ensure both efficacy and efficiency in business operations. The Director of Business Operations collaborates with top executives and fellow managers to maintain the standards associated to the manufacturing of a product or service production and delivery.
- Chief Compliance Officers - They carry out reviews and audits to ensure the company’s regulatory and policy standards. Also, Chief compliance officers tasked with investigating possible misconduct and resolve compliance risks with appropriate measures.
To transition into specific rolesmay sometimes require additional credentials. Even when they are not legally required, employers in certain sectors expect appropriate licensure. For instance, they must hold a Certified Public Accountant (CPA) credential to work as an auditor. It also includes Lean Sigma, Project Management Professional, and Certified Financial Analyst (CFA). While some of these credentials require you to appear for their own exams, certain online MBA courses allow learners to earn them while studying.
How to Choose You Online MBA Course?
An online MBA courses entail and their post-qualification career tracks help students of top MBA colleges select a program that the right fit for them. They should assess their options in the light of factors like duration, cost, accreditation, and expected outcomes.
Most MBA courses have a duration of 12-20 months, whereas other programs may last for two years, like traditional MBAs. Executive MBAs help them complete their coursework part-time. Additionally, they should evaluate their options in terms of the per-week time commitments. And check if any deadlines that clash with their present schedule.
As accreditation is concerned, your online MBA course could be affiliated to international, national, or other regional institutions, universities or colleges. Some programs may offer dual accreditation from an academic institution and an industry-related body. Now, it is equally important to consider the cost factor. Pursuing an online postgraduate education would automatically eliminate their travel and accommodation-related expenses.
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