This is a revolutionary century for the Indian education system, not only at the school level but also at the graduate and post graduate levels. After basic schooling, business management is the most sought after field by the students from any academic background. This shows them a sure shot path towards success and grooms them well for demanding corporate jobs. All businesses, be it start-ups or big corporate they prefer management graduates with specialized qualification to lead at various roles. So no doubt the demand for the business management courses is on the rise like never before, and this is the reason why today any business school is coming up with many types of programs in this field to match the needs of students.
TYPES OF MANAGEMENT PROGRAMS :-
In the last decade management courses, content and concept, has gone through various variations. Today apart from FULL-TIME course, even top business schools offer – PART TIME; DISTANCE LEARNING; SPECIALISED short duration; EXECUTIVE and; ONLINE management courses for the numerous business management sub fields.
Full-Time &Specialisation Programs :-
As a business graduate, it is critical for you to hone your skills to match the skill set of a manager. To be a successful manager, you need to know how to work with people and manage them as well. These skills come when you devote your time and efforts in learning and adapting them. Full time management courses provide you with enough time to focus and sharpen those skills while also networking with like-minded people. Same goes for individual specializations, even though they are short term programs, they make sure you understand the fundamentals clearly.
Distance Learning & Part Time Programs: –
These were initiated particularly for those who wish to add a level in their qualification but are short of time or have other things at priority, especially for the working lot. If you can balance work and study, and can also self-help when required through various sources like internet, then distance learning or part time program are made for you.
Executive Program:-
A PGDBM is stamp on a student that, he is a qualified person with immense and in-depth knowledge of the various functions of business. But what about those professionals who are already working but desire to go through management courses, to understand the intricate functionalities of the business and grab the leadership positions? Exclusively designed for such people are the EXECUTIVE MANAGEMENT PROGRAMS, which give them flexibility of time and use their experience as an asset to enhance their current skill set. So those who are willing to take a sabbatical from work, can pursue the one year executive program and then get back to work with a bang.
Online Program: –
No matter how comfortable a distance learning program may be, but nothing like a live class interaction with the faculty member and trainings. What if you are time handicap? For such students who prefer regular classes but are short of time, recent development has opened doors through ONLINE management courses. These programs are based on internet technology, where students are required to attend classes online on internet from anywhere.
CATEGORIES OF BUSINESS MANAGEMENT
Business management courses offer you enough options to choose from as per your interest and necessity. A typical management course focuses on strategies of business, leadership and communication. While some courses may focus more on skills, other might target theories and strategies. Popular management programs prevailing predominantly in the Indian market are:
Business Administration (with specialisation in Marketing; HR; Finance; Operations Management Accounting etc)
International Business
Banking & Finance
Human Resource Management
Insurance Management
Customer Relationship Management
Supply Chain Management
Export & Import Management
Information Technology
Retail Management
Health Care Management
Hotel Management
Travel and Tourism Management. Etc.
Though management certification is most desired amongst all, students these days also opt for programs like Bachelor of Business Administration (BBA), Bachelor of Business Management (BBM), Bachelor of Business Studies (BBS), Bachelor of Management Studies (BMS), Post Graduate Diploma in Business Management (PGDBM) or Post Graduate Diploma in Business Administration (PGDBA) etc.
With this info, take your pick, select your favourite business school and go with the changing business trend. Its an era of MNCs, who are picking Indian talent to run their business smoothly and efficiently. Make use of being a part of this new generation and grab the unlimited opportunities that are arriving. The easiest way to kick start your career are the business management courses.
All posts tagged Business Administration
To become a good manager one must have better managerial skills. It can be developed through extensive knowledge on management and also depends upon the work exposure of an individual. Nowadays every corporate house involves manager irrespective of the size of the business for smooth sailing of the business. Smooth functioning can be confirmed with a powerful management at place. It demands for sound business management skills which is not ordinary in such a dynamic business environment of today. Business Situations can never be same and identical so a precise practical knowledge along with textbooks in arsenal is a necessity to inherit best business skills to prove your mettle in profit making.
The constituted definition of management is the process of working with and through others to achieve organizational objectives. By this definition we understand the core function of manager is to plan, organize, control and to direct the crowd for the accomplishment of goals. It is a substantial part of management skills and is very essential to understand the knowhow of business. It is not possible to gather all these knowledge by working for a period of time but a theoretical knowledge is essential. I will also mention that textbook jargons are also not good managers if they dont have a practical knowledge but theories and practical exposure should be driven together to extract most from it.
Global economy have given an opportunity to study management science in broad way as everyone seeks better management policies to drive profits. This has helped to establish a core educational subject which translates the dimensions of business. It has been discussed for a longer period of time and has been proved effective while producing excellent managers. As it provides an insight of the global business it shapes future managers towards excellence.
Masters of Business Administration is a qualification that is sought-after in almost every business field. Industries need someone with wide knowledge of mechanisms and laws of business. This gives an opportunity to degree holders to choose management science for their masters.
The MBA does not guarantee to make individuals master in all of the varied functions of organization. What it does is to furnish sufficient cognition for them to realize the aspects of a business concern in order to device successful strategies. It is transition to a higher level of responsibility by rendering latest skills and knowledge. It instills so much of confidence and maturity which makes an individual capable of being a general manager with the possibility to attain a position at board level. Not having a MBA is considered as a huge disadvantage nowadays as the minimum requirement in most of the companies is of a master of business administration. No sector in the world market has been exempted from the influence of MBA. Steadfastly it has established in non-profit sectors like health, charities, local charities, law and, education etc.
If we stare on MBA from employers perspective it is not a different ball game. They also appreciate the value of qualification and the level of commitment shown by a MBA. They have realized that such candidates are dynamic self-starters who have the caliber to become an asset for the company. They understand this very well that candidates with a masters degree on administration has the zeal to emerge as a self controlled and focused employee.
Study of business management sharpens the strategy which is required to run healthy business and MBA makes it more enhanced and make a space for the candidates to become better and best managers for tomorrow. It creates a great deal of dedication, confidence, responsibility which enables them to overcome any threats arising out of business. Thus MBA Degree is considered important when you want to step on the competitive world market as a manager. It will definitely take you beyond that but dedication and focus is the key to success.
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By S. Maurer
What is MBA of Business Administration?: The art of planning for the futur has always been a human trait. In essence a Project Management can be captured on paper with a few easy elements: a start date, an end date, the tasks that have to be carried out and when they should be finished, and some idea of the resources [people, machines etc] that will be needed during the course of the Project Management.
What is MBA of Business Administration?: A Project Managemnt Rule: Tightly couple learning with action. Projects are wonderful opportunities to learn. Don’t put that off for the after project lessons learned. Make [IT] your habit to incorporate learning loops in all your project activities. Your team will appreciate it. Your Customer will benefit from it. And best of all, [IT] will make your job easier.
What is MBA of Business Administration?: When work starts on a Project Managment, numerous events must be coordinated and progress smoothly to allow completion on schedule, within budget, and without claims. You need to increase field and home office efficiency, monitor cost and schedule progress, assess performance, and identify potential problems or impacts.
What is MBA of Business Administration?: The genrally accepted purpose of Customer Relationship Management [CRM] is to enable organizations to better serve their customers through the introduction of reliable processes and procedures for interacting with those customers.
What is MBA of Business Administration?: The utility computing model pulls computing rsource from across the enterprise together, and because this resource can be shared, [IT] results in higher resource utilisation, greatly simplified Management, and a superior cost of ownership.
What is MBA of Business Administration?: Whether a Projct Management involves constructing a building, releasing a product, or launching a rocket, project managers make sure everything comes together in a timely, cost-effective mannerand take the heat if [IT] doesn’t. Their high-profile, high-risk work demands multitasking ability, analytical thinking, and excellent communication skills.
What is MBA of Business Administration?: it is important to understand that you don’t have just on boss as a Chief Information Officer [CIO], though your organizational chart may say so. In essence, you report to every senior executive in your enterprise.
What is MBA of Business Administration?: Customer Relationship Managment [CRM] is an enterprise-wide strategy that focuses on the needs and wants of customers.
What is MBA of Business Administration?: Putting all Customer Relationship Managment [CRM] facets into one coherent, organized presentation to the Customer could require the services of a systems integrator. [IT] would most certainly require training everyone from webmasters to call center workers to field sales technicians.
What is MBA of Business Administration?: Technology changes veryday. And the key to stability in today’s ever-changing manufacturer is forging long-term relationships with customers. A enterprise cannot stay ahead for long by holding the advantage of having some web product or service. Here’s where eCRM makes sense.
What is MBA of Business Administration?: Perhaps the most influntial driver of collaboration is that finance departments want one version of the truththat is, a cohesive approach to gathering, collating, analyzing, and reporting data, with the emphasis on accuracy, availability, quality, and usefulness.
What is MBA of Business Administration?: People on Projct Management often come together as strangers. We can’t be learning, collaborating, optimizing the project, or making commitments without a relationship built on trust, respect, appreciation, care for each other, and practices of commitment-making.
What is MBA of Business Administration?: The more ffective the project team is in planning the project, the easier the implementation of the project becomes.
What is MBA of Business Administration?: Achieving profitable, organic growth is nver easy. Today, however, attracting and keeping profitable Customer relationships seems even harder. New manufacturer dynamics, changing Customer demographics and outmoded marketing practices present considerable challenges to establishing the loyal Customer relationships that are the foundation of growth.
What is MBA of Business Administration?: You must believs that the Information Technology [IT] staff need to focus on the value of what they are doing to the business, rather than seeing their work in isolation.
Body – A cutting edge competitive field awaits new generation students who are planning to make it big. Majority of them are integral part of the whole educational system which wants them to take part in the rat race for better grades, better percentage and better placements. However, the real dilemma comes after 10+2, which stands as a vital junction to initiate success-run for students in India. A slight mistake in choice here can make a mess of everything. On the contrary, a perfect choice can pay dividends in long run. So, not just students, even their parents poke their noses to make next career plans flawless for their kids. Recently there is a boom in management studies in India. Thus, this can surely be one among your considerations. To be more specific, a lot of students nowadays are getting inclined towards business management courses. Although there are flood of scopes in the field, yet as a student one need to consider several pros and cons of these studies before finally getting admission into one of business schools in India. The first thing that you need to speculate is whether you have those leadership qualities in you or not. A business manager can add to performance and aptitude of a company. He is supposed to have clear analytical skills, awesome communication ability and impeccable decision making skills. So, better try to assume whether you have all these qualities in you. This will certainly help you make the right decision. However, if you still feel the urge to go after a business course, then make no mistake to choose a perfect institution, which can simplify your job to large extent. There are countless choices for aspiring management students in India. But a perfect selection will be one that will give you an edge over others with proper professional training along with conventional teaching methods. As for courses, there are various types like BBM (Bachelor of Business Management), BBA (Bachelor of Business Administration), BBS (Bachelor of Business Studies) and others. Students can join these courses after 10+2 and with a proper guidance they can easily build prosperous careers with any of these degrees. After completion of one of these Bachelor’s degrees, you can also carry on your studies and acquire Master’s degree in Business Administration. Needless to say, it will uplift your pay scales and let your climb higher on corporate ladder.
Master of Business Administration is a leading post graduate course in management that is designed to provide strong and in-depth knowledge on various business concepts like management, finance, economics, sales, marketing, human resource management, supply chain management and so on. There has been an increase in the numbers of students who prefer the course and they are fascinated by immense job opportunities with attractive packages. There are many MBA colleges in Pune that offer various types of MBA programs like, full time, part time, accelerated MBA program, distance learning and dual MBA. These MBA colleges provide various specialization options as well. After the first semester, students are provided specialized training on the chosen specialization.
Most of the MBA colleges in Pune offer specializations in:
Health Care Management
Human Resources
Sales and Marketing
Communication
Project Management
Entrepreneurship
IT Management
Marketing
Finance
International business
Most of the renowned MBA colleges in Pune revise the course syllabus as per the changing global aspects of business and economics, advancements in technologies, dynamism in the industry standards, new organizational standards and norms etc. Pursuing MBA in Pune prepares students to acquire diverse business and management careers in India and abroad.
Most of the B schools in Pune are affiliated to University of Pune and supported by All India Council for Technical Education, government of India. With state-of-the-art infrastructure and excellent teaching staff, these colleges make the learning acquisition easy and effective. Pursuing enables students to acquire sound knowledge in subjects like:
Organizational Behavior and Principles and Practice of Management
Management Accounting
Managerial Economics
Legal Aspects of Business
Basics of Marketing
Managerial communication
Marketing and Financial Management
Manufacturing and Logistics Management
Materials and Logistics Management
Business Policy and Strategic Management
Management Control Systems
Entrepreneurship Development and Project Management
International Business Management
Eligibility and admission procedure for MBA in Pune University
Candidates who seek an admission in Master of Business Administration must possess 50% marks in aggregate in any discipline from a reputed university (45% in the case of the reserved category candidates). Candidates are selected based on their performance in common entrance test conducted by Director of Technical Education, Government of Maharashtra or the institute level exam conducted by the Association of Management of MBA/ MMS Institutes (AMMI).Those who have secured requisite percentage of marks in common entrance test can directly attend personal interview and group discussion for institute level admission.