Innovations in curriculum is key to success for a management Program

The students are selecting courses to get a successful future. If you want to know the details of innovation in the curriculum of general management program's importance and upcoming opportunities, then a serious attention is required. The classroom based traditional course includes the fundamental techniques of managing the thoughts and conditions of an organization. The new curriculum is consisted by several theses and practical projects that evolve a superior hold on the general management and innovations.

Step-up for specialized General Management Courses:

The general management program’s duration is two year. A student would learn entire methods of business development, finance, marketing and strategy building. Now, the students can complete their management course in some trips.

The Colleges have the faculty for the entire program and there are divisions as well. The program is divided into several parts and students can opt for any specific as well. The short duration of courses is consisted by different academic studies and field works. If you want to get a certificate of investment analyst, then 5 days course are waiting to add value. A pass out can easily start-up as an investment consultant with the certificate. The corporate valuation and business strategy is a 4 days course, where the students would learn the tactics of business evaluation through new strategies based on the financial data. There are other courses for giving specialized certificates like investment strategies and portfolio management, wealth management, Mergers and Acquisitions, strategic partnership and others. Some new courses like finance for executive, private equity; investing and creating value are added to the curriculum as well. 

The application criteria for management courses:

Normally, the students have to have a standard undergraduate degree. The honors degree should have first or upper second class degree. If the students have a lower second class degree, then the applications would face some questions. There are lots of universities so that students can get a chance based on their luck. The students should have sufficient fluency in English. As a student, if you can enhance your homework with a perfect research on the subject and on your goal, then the academic days would be better.

If you have an experience on management or entrepreneurship, then you should include those details in applications so that you would get some better recognition from the administration. Three years of experience in any company would allow the students to get the Imperial MBA programs. Thus, a student can receive the excellent degree on business foundation and tactics, along with it, the specialization in innovation would add the portfolio. Lets see an example with additional certificate in enterprenuership 

Where to apply with an entrepreneurship certificate?

After having the master degree in the specific subject of general management, a student can join as an entrepreneur. The students can add value to their leadership, finance and sales awareness. Now, the management students' careers are wide and the possibilities are multiple.

·         Entrepreneurs

·         Research centers

·         Local business development agencies

·         Business incubators

These four types of organizations can recruit the fresh students to drive a better product development and management process. The companies requirement is to get more success through innovation so that an educated person can add own success with the company. Thus, the personal career would get boost up. The society has other areas to work as well. After a basic experience and certificate, the student would join in multiple posts.

·         R & D

·         General manager

·         Architectural manager

·         Business developer

·         Policy Advisor

·         General management consultant

·         Financial analyst

·         Marketing and sales head

·         Chief general manager of technical, creative and employee aspects of an organization

Required skills for success:

In the general management course, a student would learn different tactics of business improvement, innovations of organization and labor development. The fundamental strategies of vivid items are related to the owners and customers' perspective.

Incremental methods – the perfect manager has to have a confident hold on the department. This era is demanding constant improvement of the business structure, product quality, delivery process and customer dealing methods so that the manager has to think a lot to change the old theories and cater some fresh items to the society. The increment studies of new syllabus provide a new way of teaching through short-term classes, and then a student can join as an intern. The focus of increment exists in the competitive industry and gets success. Thus, a student or an experienced employee would get the lift in the career.

Breakthrough – the existing technology must be broken by some advanced one. The responsibility of a general manager is to develop the technological aspects of a business. This year some universities are offering brand new programs. The syllabus added three new programs like leadership by design: innovation process and culture, Pricing 4DX, digital marketing and social media analytics. These papers are related to the product design, execution, pricing and digital advertising.

Disruptive – this knowledge consists on the ideology of the organization entirely. It is evaluated in the new syllabus of general management. The new teaching method provides practical tools and frameworks to add excellent hold on the radical change of market behavior, product manufacturing, and customer dealing. After the implementation of the company disruptive method is being so important.

The benefit of innovations in the curriculum:

If you include the innovations in the curriculum of MBA Program, then you can find another key to get success. A normal management program would open the chances of being a product manager, sales and marketing developer, management consultant, human workforce provider and others. If the higher degree of innovative management program is included in the portfolio, then more options will be opened. The salary scale, job opportunities and exploring global platforms will be more than a simple manager. Therefore, the students can fix a bright career indeed. The specialized certificates are adding value on media and digital market management; advertise management, corporate valuation, private business strategies and others.  

The reason for choosing additional innovations in the curriculum:

Management is a chance to develop the skills in your career. The duration of the course would cater a chance to increase the experience of a student so that they can secure their future in;

·         Consultancy firms

·         Business companies

·         Research authorities

·         Health companies

·         Investment banking

·         Traditional engineering authorities

·         Technology firms

Nowadays, management becomes one of the most impressive professions. Traditional general managers can choose HR, marketing, financial and operational industries to fix a bright future. The new program is creating new jobs like the strategic head of media, executive of digital marketing, foreign exchange expert and others.

At GIBS Business school we believe innovation in the curriculum is the key to success and thus the following additional industry based learning add-on have been innovatively put in the curriculum to give the student that extra edge when he/she moves into the market.

Innovative Value Added Programs at GIBS

SAP Training Program - Duration 60 Hrs. – 6 Credits
Project Management Training Program - Duration 40 Hrs. – 6 Credits
Life Skill Innovation Program - Duration 30 Hrs. – 4 Credits
Six Sigma Training Program - Duration 40 Hrs. – 4 Credits
Campus to Corporate (C2C) Certification Program – 10 Credits
Certification Program from Google & Microsoft for Digital Marketing, Excel & ERP – 6 Credits
Industrial Visits / Workshops / Guest Lectures & Seminars – 6 Credits

MBA after B.Tech: The Pros and Cons !!!!!!

Recent days the options for a career are getting wider and hence students are also opting for having degrees in various disciplines. Now a day a craze can be noticed among the students doing MBA degree after completing B.Tech. Well, this may look a bit surprising that why a student, after becoming an engineer is opting for MBA. Well, this only to get more established in their career.

Opting for doing MBA in India after B.E. / B Tech

The students who have already done B.Tech successfully, but do not want to carry on further their studies with M.Tech, they normally opt for doing an MBA. Again, most of the time it has also been noticed that those students who are not interested in engineering they opt for going into a new stream and i.e, MBA. Here they find fresh subjects to read and moreover good opportunity of placements after completion of the MBA.

Almost all the MBA colleges arrange separate placement opportunities so that students can choose the best job. Lots of well-established companies gather and make the selection of various posts in finance, marketing and more.

Advantages of doing MBA after B.Tech

B.Tech is a graduate degree, whereas MBA is a post graduate degree. Again, at present, the demand MBAs in various sectors have been enhanced a lot. Hence, selecting MBA degree after B.Tech can always be said a good option. This is a good combination for a student to get a well-paid job in the future. Again, this combination will facilitate a student to become more fluent in communication skill and technical skills. The recruiters always look for those professionals who possess good communication as well as technical skill. A student can surely be rich of these qualities if they can complete the study of MBA after doing B.Tech. MBA will make a student perfect in managerial as well as communication skill, whereas B.Tech will make a student perfect in technical matters.

Here we can take a look at the benefits of having an MBA degree along with B.Tech:

• Business approach: There is no doubt an engineer with B.Tech degree is skilled in technical matters. But, MBA degree will help them to get more exposure in the field of business. There are certain areas which are lacking in engineering degrees such as strategic and quantitative skills and analytical ability and students of MBA become an expert in these areas. Hence, a professional with the perfect blend of these features will surely make the employer happy.
• Startup of own business: If an engineer after completing B.Tech wants to do something of his or her own, then it is always better to opt for having an MBA degree. MBA degree will help them to understand the exact requirement and fundamental criteria of every business. Having two degrees will help the professional to solve all technical and business related issues.
• Getting easy promotions: Promotions can become easier for every student who has completed MBA after B.Tech. MBA degree will always help a student to develop the quality of team leading and other necessary managerial qualities. With all these qualities it will become easier for every professional to have faster promotion in their jobs.
• Better job and better placement: At present, it can never be ignored that job opportunities for MBA professionals have raised a lot in the market. So, if any student after completion of B.Tech never wants to stand in a queue then he or she can surely go for the MBA degree. B.Tech degree in addition to MBA will surely give a better opportunity for every student to have better jobs.
• Engineers without any interest in a technical field: Sometimes it happens that a student after doing B.Tech becomes reluctant to technical matters and does not find further interest in different technical matters. This reluctance makes difficulty to have better jobs. In such a situation, it will be nice if the student opts for doing an MBA. MBA will make them more advanced in various fields and this will also make it easier for them to achieve their goals.
• Improvement in various skills: A B.Tech can surely be efficient in all types of technical matters. But, most of the time it has been noticed that due to lack of proper communication as well managerial skills, the professionals with B.Tech degree do not get placement as per their expectation. Well, after doing MBA, one can become well skilled in managerial and communication and they can get the best-paid job in the industry.

From the above discussion, it is quite clear to us that doing an MBA degree after B.Tech is always fruitful one, but there are certain limitations too which also need to be considered.

• Most of the time the concepts learned in Management degrees always remains in theories only and hence we cannot notice the appropriate application of these theories in the practical field.
• Again, most of the cases it has been observed that students cannot select the right job after doing B.Tech and MBA both. The jobs they select never match with their educational background and most of the time they become frustrated.
• There is a huge competition between the students to get the B.Tech and MBA degree. The demands for these degrees are more than that of other degrees. Students having these degrees only from reputed universities and colleges, mostly get the highest paid jobs. Hence, it is always required to get the degree of B.Tech and MBA from reputed institutions.
• Both the degrees are time-consuming. If any student wants to complete full-time courses in MBA and B.Tech then he or she needs to spend almost 6 years in the colleges.
• Though students with both MBA and B.Tech degree can get the best-paid job but in the long run, their skills and capabilities only help them stick to their jobs.

Hence, there are lots of advantages of doing MBA after B.Tech but some cons are also there. So, every student should think in prior to going for both the degrees.

GIBS Business school Bangalore offers a two-year UGC recognized MBA Program which has earned a distinction of being the most job oriented and practical exposure driven program pursued by students of all backgrounds. Engineers who have applied in the past have secured top notch jobs in leading corporates making it one of the best Business schools in Bangalore.

GIBS Business School, Bangalore

The goal of our MBA Programme is to empower the students with knowledge and skills through all round development of body, mind and soul. The entire infrastructure at the campus is designed to help students achieve this across a hectic two year education plan. In 2 Years Package students are enhancing not only theoretical knowledge, but also gaining practical exposure through various certification programs.

Post Graduate Programme in Management (PGPM) is an autonomous curriculum developed by Global Institute of Business Studies in consultation with the industry. The program is designed to make the students business-ready and capable of responding to complex business requirements that arise in a changing global business environment. Throughout the course of study, emphasis is placed on skill development, team-work, inclusivity principles and value-based management creating "Business Ready Managers". PGPM is offered to all MBA Students as an additional degree and to make them ready for the Industry.

GIBS Business School, Bangalore

GIBS takes pride in its excellent track record placements ever since its establishment. Some of the best brands have found GIBS students to be ‘Industry ready’ and some of the companies are regulars for campus recruitment.

Choose the Industry/ Career before you choose an MBA

As the modern society evaluates every day and more and more students are joining with several MBA programs, therefore, selecting the future becomes essential. The students should think about their upcoming career before starting their MBA course in a specific department. The basic of an MBA investment is to get feedback from the future industry.

Now, the opportunities in the international platform have increased and students can boost their upcoming prospect with an MBA degree. Therefore, the question of going in a specialized way is being important.

MBA in finance:

The students can join with the MBA in the finance course. It would create a prosperous future for the students. The two years course can lead the students towards financial managers or analysts, account managers, corporate controllers and others. The students have to pass the two years of course. The reputed universities of the world are enhancing the practical and theoretical awareness of business and finance. The fundamental education on the subject would add skills to every student so that they can think big.

The students will be aware of the global economics, local economics, investment tactics, corporate risks, insurance risks, mergers, and acquisitions. The syllabus layout covers different fundamental qualification. For an example, students will learn the spirit of economics, statistics, leaderships, strategy and marketing. The core theory of whole finance will develop the business sense, yet the students can take a specialized course on MBA finance as well.

The job options have a wide range as well. Basically, any MBA student can start a new business. The demand in many companies is evaluating in the contemporary industry as well.

·         Treasurer and finance officers

·         Cash managers

·         Corporate heads of finance

·         Financial analysts (senior and junior)

·         Investment bankers

·         Investment sales associate and trades

·         Chief financial officers

MBA in marketing:

Marketing jobs are one of the leading jobs of modern times. Therefore, the marketing education becomes very demandable. The students can get very rich future with the marketing courses. As the function is so important to make a company or product viable and enhance the network, therefore, this course has more preference. The two years course is divided particularly for the readers. The common subjects are the study material of first-year students. The module is divided into 4 parts. The second year is constituted with core and skill development. There are elective courses in the second year of MBA in marketing as well. If you have a minimum 50% score on the Bachelor's degree, then you can apply for the course.

As the job options are wide, therefore, the students have to have an excellent communication skill, strategy making or planning ability, convincing ability and research and problem-solving capacity. These skills would make the students eligible for;

·         Marketing manager

·         Asset manager

·         Corporate sales jobs

·         Brand managing jobs

·         Media planner

·         Market analysts

·         Head of digital marketing committee

MBA in Human Resources:

This course has two years and the entire program develops the intellect and vision of students. The students would go through several training procedures to enhance the communication skill. As the basic of any manager is to build up a strong relationship with the clients, therefore, these classes would be very important. The theoretical and practical class will improve the planning, problem-solving and other abilities. Human Resource course covers all aspect of managing, operating and calculating for corporate, private companies and personal businesses.

The MBA in Human Resource has some wide chances. The students can get bright futures because the industry has different job options.

·         HR Generalist

·         Technical recruiter

·         Compensation manager

·         Employee relations manager

·         Employment manager

·         Director or HR training and development

·         Lecturer

MBA in operations:

MBA in operations is an uncommon course. Mostly, students prefer to go MBA in finance or marketing. Therefore, the operation specialists face less competition in the market. The two years course would include several practical training, field works, and theoretical practices to enhance the mandatory skills. The pass outs have to have a great ability of production operations. Service procedures, logistics and supply chain management are three other pillars of the course.

The job chances are affluent of this program. Students can grab sufficient salary scales under International and National administrators. Pass outs can get jobs in IT, fiancé, manufacturing, hospitality, HR, retailers, insurance and other industries.

·         Operations manager

·         Management consultant

·         Supply chain manager

·         Operation analyst

·         Channel manager

MBA in system management:

Information management becomes one of the greatest tasks of a company. The digital market grabbed the entire world. The industries are under the virtual world and modern technologies. Therefore, system management, data handling, and information management are very important nowadays. The system management develops every skill for managing the information system of an administration. Actually, the focus of this course is to improve the capability and qualification so that would be worker can play his or her role in the IT industries. The role of the IT managers and other employees has extensive activities in offices and fields. Therefore, the students have to have perfection to execute the official planning as well as the project planning.

The students can get a prestigious and reputed career in the effective industries. The specialization in system management, client analysis, system chain management and others are included in the course by following the ‘I value' principle.

·         IT manager

·         Financial manager

·         System manager

·         System management advisor

·         System management analyst

·         Management trainer

·         Professor

Conclusion:

While you are selecting the higher studies, then the next steps should be planned. The clear thought about future is essential so that a student can fix a fresh way to reach the goals. The MBA in several subjects would lead to various affluent jobs in future. Whether it is HR manager or it is senior manager of IT sector, the student has to have proper education and confidence. The focus of MBA courses is to improve the skills of communication, network creation, marketing and product management. The faculty of the university is another crucial aspect of selection. The students can collect their basic awareness of study material and future possibilities. Now, they have to seek the infrastructure and faculty of study centers. Thus, a clear scenario would launch in front of them.   

At GIBS Business School Bangalore we ensure that the candidates go through the counseling process with our expert professionals. They not only help students to select the right specialization but also guide them the path forward. Overall development happens and GIBS becomes the preferred choice for candidates as the best Management Institute in Bangalore. 

Planning the Return on investment on an MBA program/ The best ROI on an MBA Program in Bangalore

MBA is a popular course among the students all over the world. Different Universities in different countries offer the wide range of study courses for MBA. But while any student opting for doing MBA he or she should do proper planning regarding ROI. To do the course of MBA, it is always necessary to do a huge investment and it is worthy to calculate the ROI while doing such investment.

What is Return On the investment?

If we go by definition, then Return on Investment means how much return one can acquire after doing investment in any particular field. Return on investment is done to calculate the ratio of profit and loss in any business organization. But in personal life too, we can do proper planning for ROI which is related to the income we have gained and expenses we have made.

Necessity of planning for ROI for MBA courses

All the courses of MBA always require huge expenses. Hence, it is always suggested to do the calculation of the return that one can get after completing the studies. Let us take an example. If doing an MBA costs Rs 10 lakh then it is always recommended to opt for a salary of minimum Rs 500000 per annum. This will surely give you perfect return on the investment made for doing MBA course. Many research works have been carried on in this matter.  An analysis was done on 1020 salary data of MBAs those have become graduated in the years 2011,2012 and in 2013. In India, this seldom happens and thus students should be extremely careful while opting the program.

Ways to calculate ROI of MBA

Here anyone may ask regarding the ways to calculate the ROI for doing any MBA course. To calculate the ROI one can surely depend on the internet. On the internet, you will be able to know the formula to calculate Return on Investment. With the formula, it will be possible for you to calculate the return on investment. The simple way to do the calculation is

    At first, do the total of all cost of course

  This will include cost of books and other additional expenses which are required for schooling

    Now figure out how much you can earn per year as MBA

    Now calculate the no of years will it take to cover the expenses of MBA

Hence students always need to pay attention towards calculating the effective ROI on the investment done on MBA courses.

Factors to consider while calculating the ROI for MBA

There are several factors which are also required to be considered while you are going to start calculating Return on Investment.

    Opting for students’ loan: there are different financial institutions and bank which are offering students loan on different terms. In case you opt for a loan, then it is to be kept in mind that you will be required to pay more than normal. This is because; interest is included with the principle amount. Here you can try for government sponsored loans with a subsidy. Here you will not pay huge interest and your ROI will also remain low.

    Course duration: Depending on the duration of the course, is also a deciding factor for ROI. If you take course duration of more than two years then it will surely take a longer time for ROI.  Well, again if you can arrange some loan from your employer then your risk will become a bit lower.

    How much to invest excess salary:  Once you have selected the MBA course you need to be assured regarding how much amount you should put on debt. Here one needs to calculate the total expenses and total salary. Before opting for the funding towards MBA course, one need to go through well, regarding the expenses and income.

Is MBA worthy of selecting as a career?

MBA is completely different from other professions. Unlike the degrees like Law and Medicine, MBA offers shorter course period. This is the reason for which it is noticed that students can have lower debt while doing MBA.

Students, who want to flourish in the field of finance and marketing, always need to become an MBA. Once they can pass out successfully as MBA they will get a better job in this field. Jobs in these fields always offer great packages too.

    Getting higher package: An MBA will always get a higher salary than any normal graduate.

    Wide career opportunities: After completion of MBA any student can opt for any career as per his or her choice. Whether it finance or marketing or hotel management, in every sector students will get better opportunities.

   widespread business network: All student after doing MBA will be eligible to be in touch with a wide range of business networks.

At GIBS we offer a fully residential two-year MBA program with a great ROI. The average package of around 5 lakhs PA makes it enter the league of the best MBA colleges in Bangalore. Students are placed in various industries like Insurance, IT & ITes, Manufacturing, Market Research, Advertising, Aviation, Banks, Bio-technology, Cement, Engineering, Financial, Healthcare, Infrastructure, Oil & Gas, Pharma, Construction, Retail, etc. GIBS is proud of the fact that it has been creating leaders, managers and change agents. Most updated and relevant curriculum, with weekly seminars, business quiz sessions, innovative presentations, highly active placement cell make our students get the best MBA placements in the industry.