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Showing posts from June, 2018

Why to Gain Knowledge in Business Law When Studying MBA?

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MBA programs are designed to offer students a wide perspective into the world of business. Business law constitute a vital part of any business or entrepreneurship and an MBA student must have a solid understanding of business law to excel as a professional. Here is why it is important to learn business law while pursuing an MBA. •  An important part of business – Business is closely intertwined with the legal industry and it is important for business professionals to learn about the role of law in business. Legal regulations governing the business ventures have become increasingly complicated in the modern business scenario and entrepreneur collaborations with lawyers are vital for success. •  Law affects business in various ways – It is not only the legal issues in the financial or market sector that directly affect business. Legal challenges and regulations often affect all kinds of business all the time. Legal battles with employees and customers, issues regard...

5 Common Mistakes a MBA Intern Should Avoid

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Internships are considered as a stepping stone to career aspirations of a MBA student. It is a crucial learning process which enhances their credential for acquiring a full time job. And hence, a summer internship in a reputed firm should allow them to explore the career options rather than being a missed opportunity for learning valuable skills. Here are the 5 some common mistakes of MBA interns. • Not learning the company culture – It is critical to know about the company culture to make your own space at the organisation. • Not having a pre-onboarding meeting – It is advised to have a meeting with the reporting manager before the internship to ask questions regarding onboarding process and to plan their time in the organisation. • Halted networking – It is not wise to stop networking or making contacts after landing in an internship. Building relationships in the industry is considered vital for even career development. • Not gaining feedback – The intern should ask a...

Benefits of Studying Business Communication

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Business communication is an integral part of management studies and it is vital that an aspiring businessperson should be well-versed in it. The relevance of business communication is such that it allows executives to excel in communicating rules, policies and procedures relating to the organisation to the employees or clientele. Below listed are the benefits if studying business communication. • Effective management – A constant flow of communication from the management to the team members is essential to build a strong and effective management. • Job security – Employees with strong business communication skills is regarded as valuable assets by the company. It is considered to have an upper-hand over the team members when an executive can effectively communicate. • Versatile career – Business communication also equips one to have a successful career in marketing, advertising and public relations as these require extensive daily communication within the co...

The Relevance of Studying Business Research Methods

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Business research methods involve gathering information about the industry, its competition and the opportunities available to stay on top. And, hence studying about business research is vital for gaining success as an entrepreneur. Below listed are the 5 major business research methods widely practiced to gather beneficial information. • Focus groups – These are primary and the qualitative research types. Focus group methods are highly controlled by the individuals involved in it. • Interviews – This is one of the customization type of information gathering which occurs in one-on-one or three-on-one groupings.  • Case studies – A primary and qualitative type of research, this is considered highly enlightening for the right companies as it will provide them a perspective on customer’s feelings and experiences. • Data collection – These are secondary and quantitative research types which ranges from library to published statistical data. • Website ana...

Why to pursue MBA in Operations Management

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Operations management involves planning, organizing and supervising the activities related to production and manufacturing. It also encompasses the efficient management of materials, equipment and technology for the purpose of the company.  Terms associated with operations management A precise definition of operation management includes supply chain management and logistics which an aspiring operations manager should be well-versed with. He should also be aware of the global trends in supply chain management and the cost-effectiveness of logistics to meet the client demand effectively. Must-have skills for an operations manager Organizational ability is one of the key skill that an operation manager should have. It is vital for enhancing efficiency and promoting productivity in the role. Working in coordination with the whole team, ability to steer the processes seamlessly and proficiency in supply chain management are central for being successful in the role ...

5 Reasons to Study HR Management

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Studying human resource management offers a broader range of knowledge, skills and understanding required for a career in HR. Also, as employees are considered as a valuable asset in many organizations, the scope of human resource management as a profession is gaining importance extensively. Following are the top benefits of studying HR management. • Improve employee turnover – Hiring the right people is vital for a company. An HR management student will be trained in identifying the right candidate for the job as well as helping them in managing their personal as well as career goals. • Handle conflict – Studying how to handle workplace conflict and finding a resolution for it is a key lesson. The HR professional will be equipped to assist both the management and the employee to resolve conflicts. • Employee satisfaction – For ensuring employee satisfaction, the HR personnel will be taught to conduct surveys, focus groups and set up interview strategies. • Improve empl...

How to Crack Your Entrance Exams

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Entrance exams are the first step for every MBA aspiring student to gear up for the best b-school they want to go for. There are many entrance exams that one can appear for like CAT, MAT, and GMAT etc. with so many competitive examinations in front of you, one may wonder how to crack these in the best way possible manner. You must prepare for it much earlier and keep in mind few things to ensure you put in your best to score well. 1. Be efficient while you answer your questions. It is not about answering all the questions, it is about fetching a percentile by answering the question you are sure to be right about. 2. Improve your quantitative ability as the difficulty levels is said to be reasonable and easily cracked with practice. 3. The verbal ability section needs a much more verbal and language concept approach well enough to attempt the right way 4. Manage your time well with practice and learn to be more accurate over time. 5. Don’t give up on mock tests as it ...

The Emerging Trends in Executive MBA Courses

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When it comes to business and entrepreneurship, the learning process never ends. This is why there are more and more professionals seeking for higher education. Irrespective of the experience or post in which one may belong to, it is very important to enhance the educational and personal skills throughout one’s career. The slot is filled by the executive MBA. The trend is growing in the field with: Increased participation There is a clear increase in the number of applicants for an executive MBA who have come to realise the potential of such a course to expand their opportunities. Sponsorship professionals who work and take up the executive course, they are usually funded with an advantage to take it up from the firm’s funding aid that is beneficial for the employee. Self-funding candidates there are still more candidates who come in voluntarily to fund their own education instead of any sponsorship. Women enrollments the number of female professio...

E-learning for a Better and Faster Career Growth

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The emergence of E-learning has brought in enormous opportunities for the new generation. Its potential is still to be realised by more even now. E-learning is at our finger tips to get hold of and make the best advantage of it. The flexibility of e-learning caters to a larger public encouraging additional learning and career development opportunities. E-learning is spread around to be helpful at every possible field in an individual’s career and profession. And come with some pretty important advantages like: 1. It enables a quicker environment to learn and communicate new things like ideas and concepts effectively. 2. Ensuring you to educate yourself to achieve better and have better coverage about any small knowledge you might have about anything. 3. It helps you to update yourself with the latest of what is going on and retain higher level of learning retention. 4. You can pretty much do this anytime and anywhere according to your convenience that will help you...

How to Influence Different Generations at the Workplace

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Passing by years from now on, we are held to witness various surprising young new talent to enter into workforce. This influence can make wonders to build up the reputation to the next level for the organisation which indeed has to be driven for proper execution. It’s not just about hiring from different generation but to engage them in the right manner for encouraging them and giving them the required support by following some tips:  1. Be conscious and transparent about the work done by them and the ideas initiated. Encourage them to be proactive and more confident in sharing whatever is in their minds. 2. Stick to the policies and make sure the guidelines are well communicated. Avoid any kind of discrimination based behaviour and discourage all negative activities by bringing more positivity into life in the organisation for active participation. 3. Train the diverse group of teams by investing readily into them. It will clearly showcase a new cultural envir...

The Role of MBA Ranking

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Ranking is one of the top most considered criteria for students aspiring MBA to decide the right B-school to apply for. It is a useful tool and it matters according to your goals and needs as a MBA aspirant. To determine the ranking of a particular b-school, it is based on various criteria considering four or five basic qualities. The more difficult to get through with admission, the higher is the ranking. 1. Academic quality The faculty quality and experience and the quality of educational support and nurturing adds to the academic quality of the program. Student’s perspective of the institution and the student-teacher ratio is also taken into consideration. 2. Selectivity Acceptance rates are a major factor considered to determine the b-school ranking and how selectively the admission procedures are done. 3. Placements Another important factor that contributes to the ranking is the outcome of the program which is measured by how many students graduate ...

Top Tips to Get into a B-school With a Low GPA

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Admission can be difficult in b-schools with low GPA, but one must not give up on trying to get through as it is not impossible. The admission committee look into your GPA as an indicator of your past academic performance. One needs understand why GPA matters to MBA programs and what is considered as low GPA in the b-schools. By figuring out our weaknesses and strength, we can follow some tips and get through in a good b-school with a low GPA. 1. Take extra courses to show your capabilities and dedication towards improving your grades and studies and convey that the low grade does not matter and you’ve got the tenacity and ability to work hard. 2. You can also easily give an impression by getting a good GMAT score which will set you apart from other applicants easily. 3. Make your application essay as compelling as possible and showcase your true spirits to succeed expressing life-changing and extenuating circumstances. 4. Get yourself placed in a reputed and a competi...

How to Prepare For the Entrance Exam Without Coaching?

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MBA aspirants planning and preparing to head to join their choice of B-school, one must be prepared to get a reasonable score and secure a seat in any of the prestigious ones. Exams like CAT, MAT, and XAT etc. are all available for these MBA aspirants. There are many coaching institutions that provide study materials and study classes to excel in these exams. But its nit necessary to join them to actually excel. Your efforts can succeed too. There are many students who have secured high ranks with a bit of more hard work, time management and strategic studying. 1. Get an idea about the syllabus and pattern of study for specific MBA entrance exams. 2. Get proper study material and ensure they are credible and latest issue for the year you are attending the exam for. 3. Use online resources as it is more economical and less time consuming. 4. Try out online mock tests as it will help you manage time and improve in knowledge based on the patterns. 5. Work on where you n...

Personal Skills Required to Pursue MBA in Finance

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MBA is preferred by many in the recent times. And some are even forced into taking up an MBA thinking it would benefit their future effortlessly. It is all a mere misconception as to taking up an MBA needs a ready and dedicated mind with a strategic goal to attain in life. One cannot be fooled by understanding MBA to be a simple comprehensive course and can be pursued by anybody. It requires certain inborn and developed skills with a dedication to complete an MBA successfully and have a successful career based on that. Otherwise, it is also a waste of time and money. For MBA in finance , one must have to be good with numbers and a basic knowledge of how to deal with financial matters in general. As it is known to everyone, finance is the lifeblood of every business organization and dealing with it is more complex and a very important task to handle. Considering various factors to make financial decisions in any circumstance irrespective of the urgency, is very important. On...

How to Write a Winning MBA Admission Essay

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Every MBA applicant go through the phase to make their first move to apply in any B-school. The entrance essay is what should tell them why you stand out from everybody else. The purpose behind this essay are different for different institutions. The admission committees would generally want to have a basic idea about your personality and skills to succeed in the program. They would want to know your communication style, clarity and fluency in language. It is important to have some qualitative content in your essay. 1. Prepare for your essay well in advance. Don’t keep it to the last minute. It needs a proper polishing process to create a clear and effective essay. Develop your ideas about your past present and future in advance to know what you want to put in the essay. 2. You need to convey how you will be beneficial to the institution that you are applying in and in what way you will contribute to the success of that b-school. 3. When you describe your future goals, b...

Why is MBA a smart choice after B.Com?

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B.com, irrespective of what you may specialize in, brings a turning point when you write you last paper of the course. Tons of thoughts rush into your mind to make your mind whether to opt for going through the placement process or continue studying. In today’s competitive world, a 3 year degree might not necessarily give you a stand in the industry. This is where the need for a masters degree that helps in overall development comes in. MBA as matter of fact has been successful in meeting that need to promote the skills and abilities of the persons completely. Efforts put forward for doing your masters in MBA can open more doors of opportunities and help you understand the many industries better.  There is always someone around you who will advise you to pursue MBA as it has created an impression that it’s what every successful person in the society does. B.com degree will definitely give you the base to what you need to move forward with. MBA helps you to redefine your g...

8 MBA Entrance Exams to Take Up

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Common Admission Test (CAT) is the usual entrance exam every MBA aspiring student considers at first. Then comes XAT, MAT and CMAT are the list of entrance exams goes on. Students end up taking about 2-3 of these exams. But what is more surprising is that, there are more than 50 MBA entrance exams held at national and regional level every year. It is important that every candidate must be aware of these choices to keep their options open during their MBA preparation. Some of the top exams to be considered are as follows: 1. CAT: CAT is conducted by the Indian Institutes of Management (IIM) accepted by 20 IIMs and various other management institutes across the country. 2. CMAT: The second largest management entrance examination of the country is conducted by All India Council of Technical Education (AICTE). 3. XAT: XAT is a management aptitude test which is conducted by Xavier Labour Relations Institute (XLRI) Jamshedpur. 4. Symbiosis National Aptitude (SNAP) conducted...

HOW TO CHOOSE THE RIGHT B-SCHOOL

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With time, several business schools have emerged to cater to the growing popularity and demand of management essential to every industry among people around the world. Management courses in India was just taken up by the IIMs, but that is not the case right now. There are several b-schools, b schools Kerala good enough that confuses the minds of the students when they have to choose the right college to do their MBA. Here are few parameters to critically analyze the college you would like to choose for pursuing your masters. 1.    Goal oriented: Have an in-depth idea of your goals and analyze them with the institutional goals by broadening your mental horizons. 2.  Accreditation: Assure the accreditation of the college as it assures educational quality, financial aid opportunities and credit transfer etc. Rajagiri Centre for Business Studies, top MBA colleges in Kerala , have been accredited by ACBSP accreditation, which is the world's largest intern...

4 Advantages of MBA Over Other Postgraduate Management Degrees

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Master’s in Business Administration or MBA is one among the most preferred post graduate business degrees in the world. Understanding why MBA is regarded highly among the business degrees will help one zero in on the program according to his needs.   Here are the key differences between a MBA degree and other management degrees. • Skill set – While most master’s degrees are focused in building a strong academic profile based on areas of management, a MBA degree is specifically designed to expand one’s skills according to the requirement of the profession and the role. • Teaching style – Apart from the usual style of teaching that involves lectures, tutorials and seminars, a MBA program also let students deal with real-life business problems to explore and learn more about the industry. • Specialisations – Most MBAs are now offered with specialisations catering to different industries such as healthcare. When compared to other management degrees that are designed for p...

Why you Should Choose a Business Degree?

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The number of courses available these days are many to offer a diverse collection of qualifications for degree aspirants. Business degree is one among the top degrees chosen by many due to its rich prospects. Here are the reasons why you should choose a business degree over any other. •  A practical degree – A business degree is a versatile option which allows one to take the path of industries as well as public and non-profit sectors. •  Career in management – Business degrees are useful if you want to choose a career in management. Whether it be a choice between an accountant, public relations specialist or a financial analyst, a business program will only do you good. •  Versatile choice – One can continue their studies at any level with a business degree. A suitable business program can be found for associate’s, bachelor’s or master’s degree. •  Impressive addition to resume – A business degree from an accredited institution make for an impressiv...

Popularity of MBA in Today’s World

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One of the most important choice a person makes in their lifetime is about their higher education. It is that crucial as that’s what gets them to the top of their career goals. Making this decision involves a lot of risk taking and thinking to do. But everyone knows the efforts are all worth it and tries their best to take up their higher education more seriously. None would want to regret later and to come to realize they were too late.  MBA is that one time opportunity for those aspiring to have a better career who may have lost their way and would want to fix their goals. An MBA program in addition to science or technology or any other degree is a detour in career advancement. It’s considered to be an easy way out and this is why most of the people aspire to be an MBA holder. Career growth, managerial skills and increased earnings are the most common reasons given for pursuing an MBA. It can be a major breakthrough in the career path. At the same time a management qual...

Scope and Career Options After MBA in Operation Management

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Operation management Operation management in an organisation mainly deals with the management of manufacturing and processes. An individual in the operation department has to manage the quality and quantity of the of the products manufactured in the manufacturing unit. He/she has to also find an efficient and cost effective method to manufacture a product or service without compromising on the part of customer satisfaction.  The key parts of operation management are supply chain management and logistics. If you are someone who wants to be in leadership positions in future then this is the best field for you. Scope  a) It prepares the students to work in an organisation by providing them with the skills and knowledge to perform their role in a organisation. b) It increases the employability chance since the student will be skilled to perform almost any function in the manufacture and production department of a manufacturing industry. c) It provides special...