A masters degree in business management has different names like
“MBA- Masters of Business Administration
“PDGM- Post Graduation Diploma in Management
“PGDBM- Post Graduate Diploma in Business Management
“MBS- Masters of Business Studies
“M Bus.- Masters of Business
“MMS- Masters of Management Studies
“MA in Business Studies/Management
“M Sc. in Business Studies/Management
But the most popular name of this degree across the globe is MBA which is actually one of the most popular post graduate degrees pursued today. All sorts of students, from average to the most brilliant ones, are now looking forward to earn this degree in India. And not only these students but many of the working professionals are also very anxious to have a master degree due to its huge demand. Tens of thousands of students and working professionals flood these B-Schools every year with great hopes. All are worried to get admitted to top colleges to pursue the best program so that they can have six figure salaries with reputation.
Many of these students do not give attention to understand the most important aspect of MBA while running in race of millions. That aspect is What exactly this degree teaches you? It actually has two different verticals in which it educate the students to make them business professionals. One is academic education which gives the insights of business management and other is personality development which includes improvement of the student by imparting soft skills and behavioral training for better exposure to corporate world.
In academics the students are taught different subjects related to business behavior, management and operations. It has different specialization programs for both part time and full time MBA courses in Delhi and India. Course curriculum is almost same in all the colleges but what makes the difference is the quality of ambiance, faculty and gentry of students.
Core Curriculum comprised of mainly these subjects
“Financial Management
“Accounting
“Marketing
“Statistics
“Operations
“Managerial Economics
“Strategy
“Leadership Development
“Global Economics
“Decision Models
“Management Theories
Then is the aspect of personality enhancement which improves the overall persona of the student. Students are given the trainings for soft skills, corporate communication, presentations and interpersonal skills. They are educated to work under pressure, working in groups, career networking etc. All MBA program in India have same core curriculum required for everyone. Half of the degree includes the study of core curriculum common to all and then comes the specialization part.
Main electives to choose from
“MBA in Marketing
“MBA in Finance
“MBA in Human Resource
“MBA in Information Technology
“MBA in International Business
Here is all what It teaches and rest depends of how much you grab from it and improve yourself.
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Effective and accountable management is understood as the core of business plans and growth rate. As the global competence is increasing in all the business trades, making activities accountable and manageable has become the necessity. This article explains two tools namely Salesforce and Sugar consulting that may deliver an edge to your business.
Doing online business without the effective integration of customer relationship management (CRM) seems almost impossible because the importance of accountability of every activity has become a necessity. Thanks to IT companies that are engaged in development of practical integration of CRM software that have made the business activities accountable through multiple points. Two such choices, to make the business portal competitive to next generation challenges, are Salesforce and Sugar CRM. Numbers of companies in India now offer Sugar and Salesforce consulting services to their overseas clients. Outsourcing Salesforce and Sugar consulting is not a tough task because users have numbers of options but selection of right source and optimized mode is crucial and a task of specialists. Here, I explain some facts that may be helpful to outsource these valuable management programs.
Salesforce CRM can be used to upgrade different business management activities as well as to interpret the future trends on the basis of different parameters. Sales application like Sales cloud, Service application with Service cloud, Collaboration application as communication Chatter are versatile applications, which are equally important for every size businesses. Integrated database is secured as well as its maintenance is undertaken by the Salesforce consulting provider. The add-on Salesforce CRM is a multi-tenant database structure that reduces dependency upon in-house software and hardware. If the Salesforce consulting is required for longer period, business owners may tie up for Salesforce training also.
The other much talked about CRM program is Sugar. It is a leading open source business management program being used by more than 7,000 plus customers and half million worldwide users. It is emerging as the most popular comprehensive business management software for e-commerce portals. It is known as effective tool to execute marketing programs, sales offers, customers retaining programs and business application integration with great success potential. It is easy to use and cost effective. Communication with existing and potential buyers becomes a no stress activity because users save lot of time in data tracing and maintenance. It offers up-to-date real time sales, order and customer satisfaction reports just at few clicks. Therefore, its integration reduces the dependency upon the particular gateway or organizational segment like management, marketing, sales or accounts. Both of these CRM programs can be customized as per particular requirements, demographics of buyers, competitors’ practice and new business challenges. Salesforce and Sugar consulting can be availed for the new business or for the existing portal; the integration does not need to make major changes in existing formats. The ranking position and popularity graph remain unaffected if the integration of Salesforce and Sugar CRM is done professionally.
Advanz CRM is an eminent and amateur writer primarily focusing on Sugar CRM Development, CRM Consulting-Implementation, Salesforce consulting, Salesforce.com Consulting, Sugarcrm consulting related articles, Currently he is working with one of the reputable IT company Advaanz.com
With majority of the students becoming conscious towards their careers, there is an increase in demand of professional courses. But the most popular course among the students in today’s society is the MBA (Masters of Business Administration) as it opens many opportunities for them. Following the economic development of the country the demand of MBA professionals is increasing every day. Because of which a large number of colleges offering this course have come up in India, Which contains some of the best MBA colleges in the world?
Among these colleges the Indian Institutes of Management (IIMs) stands at the top of the list. There are total 8 IIMs across India and they are situated at – Calcutta, Indore, Ahmadabad, Bangalore, Kozhikode, Luck now, Shilling and Ranchi. Students have to score high marks int he Common Admission Test (CAT), in order to get an admission in IIM which also includes group discussion and a personal interview by the faculty of the institute.
Besides IIMs is the Indian School of Business (ISB), Hyderabad, which was established on December 2, 1999. This institute contains a faculty from the best management institutes of the world which includes Wharton, London Business School, Stanford, etc.
Then comes the Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai. It was founded in 1965 and grabbed a prominent place among the top business schools in the Asia – Pacific.
The XLRI is also among the top most MBA colleges for Management Studies. XLRI is an abbreviation of Xavier Labour Research Institute situated at Jamshedpur. It was founded in 1949 and has been growing gradually throughout its existence.
Some other top Business Schools of India are – Faculty of Management Studies (FMS), Delhi, Indian Institute of Foreign Trade (IIFT), Symbiosis Institute of Business Management, Loyola Institute of Business Administration (LIBA), Nirma Institute of Management, Indira Institute of Management (IIMP), Pune, SIES College of Management Studies (SIESCOMS), Institute of Financial Management and Research (IFMR), etc.
The reason behind opting for a top – ranked MBA college is that, pursuing MBA from these colleges guarantees a good pay package depending on the reputation and dependability of the respected college. Hence the growth of the students in the corporate world becomes swift. The IIMs are always known for grabbing the best salary offers for their students all over the country. According to the placements records of 2010, their is an increase of 25 percent in the salary of students from such top MBA colleges
Managerial job is no easy task to perform. You should have proper vision and skills to manage any organization. There are some natural leaders who have better chances to make the most out of this profession. However, management can be taught in schools and thus several institutions are flooded with students who all are aspiring to make careers in business management. If you are one in the list, then you must be planning a lot of in terms of choosing a perfect management institute and a perfect course for you. But it will never be an easy task in India. Although there are so many management colleges in the country and some more are on the row to come soon, yet you can’t take all of them for granted when it comes to quality of education and other facilities. One thing is certain that there are no lacks of scopes in the field with so many small business houses and corporate organizations making their ventures in the country recently. There can be vacancies both in low level and in high level jobs. So, getting an entrance will never be a big issue for management graduates and post graduates. However, if you really want to use your degree in management as a ladder to climb on the corporate ladder then you must select one of quality management courses for you. There are so many things to consider for you. Firstly, know your own level of interest and choose courses according to that. You can get specialized training for a certain section of business and that actually is the need of the hour for you. If you are planning to enter into health industry, then relevant courses which focus mainly on health management can come handy for you. The course expenses, the placement facilities, the equipment and lab issues, the practical training and the teaching faculty are some very important things to check out for students who are planning for a business management course in India. Doing every selection right can pay dividends for you as well. Students can make things happen for them with methodical online and offline searches for a college in which they are planning to get admission.
Training institutes play a key role in preparing the skilled professionals for various industries in an economy. Considering their pivotal role in grooming the personal and professional traits of individuals, these institutes form an important category of the service sectors.
In India, there is fast-paced development seen in various industrial fields. Many training institutes in India are engaged in activities to fulfill the demand of skilled manpower in these fields. Besides, these institutes are also dedicated in preparing the Indian professionals for the foreign markets. The following discussion highlights the role of training and development institutes in different fields.
IT Training Institutes
The IT sector in India is projected to generate 2.3 million jobs in the year 2010. So, there is need for highly talented IT professionals to fill this huge requirement. Many Indian and foreign IT companies operating in India invest a good amount in providing training to the recruits.
Besides, there are many training institutes that provide training in the fields like hardware, software, networking, web designing and so on. The training schedule includes basic computer training, internet training, software development and website designing training among other things.
BPO and KPO Training Institutes
The 14 percent annual growth rate of the Indian BPO industry leads to the estimation of over 6 million jobs by 2015. The growth rate of the KPO industry is also expected to touch 49.5 percent in 2010. So, training has become the core of BPO and KPO industries.
Apart from the skill improvement training, behavioral training and stress management training are other requirements for the workers in these industries. The KPO jobs also require one to undergo training to build understanding of the market research activities. As a result, a number of BPO and KPO training institutes are at a rise in the country.
Hospitality Training Institutes
The hospitality industry is consistently growing at an annual rate of 8 percent. Various segments of the industry include hotel industry, tourism industry, catering industry, restaurants and cafes and aviation industry.
The hospitality training institutes in India offer training in the fields like restaurant management, food production, housekeeping and front office management. These institutes provide certification in catering operations, guest house operations, hygiene maintenance, bar services, kitchen services and so on.
Banking and Insurance Sector Training
Numerous job opportunities have been created due to the expansion of the Indian banking and insurance industries in last 10 years. The professionals in these sectors need to have skills like funds management, baking operation management, computer operations and so on. The training institutes are playing their roles in preparing individuals to work efficiently in these sectors.
Other Training Institutes
There are other training institutes in the country dedicated to prepare workforce for retail industry, automobile industry, telecom industry, pharmaceutical industry and many others. Besides, there are institutes with courses for business management, vocational training, foreign languages, art, music and dance and so on.
The training institutes in India are capable of supplying capable professionals and workforce to various industries. In a way, these institutes significantly contribute towards the industrial development of the country.