#TCS recruitment Jamshedpur

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TCS Recruits 14 Engineering Graduates from RVS College Jamshedpur

RVS College Students Secure Positions in Leading IT Firm Fourteen students from RVS College of Engineering and Technology in Jamshedpur have successfully landed jobs at Tata Consultancy Services (TCS). JAMSHEDPUR – A group of engineering graduates from RVS College have secured positions at TCS, marking a significant achievement for the institution and the students. The recruitment process…

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Discover the Top MBA Colleges in India for a Successful Career

Pursuing an MBA is a significant step for students looking to excel in the business world. With a diverse range of institutions offering high-quality education, choosing one of the Top MBA Colleges in India can set you on the path to success. These colleges provide excellent academic programs, expert faculty, and unparalleled placement opportunities, making them the preferred choice for students aspiring to leadership roles.

This article highlights why India is a hub for world-class MBA education, details about the leading colleges, and how they prepare students for thriving careers.

Why Choose the Top MBA Colleges in India?

India’s Top MBA Colleges in India are renowned for their commitment to academic excellence, innovative teaching methods, and industry connections. Here’s why they are the ideal choice for MBA aspirants:

Globally Recognized Programs: Indian MBA colleges like IIMs, XLRI, and SPJIMR are known globally for their rigorous curriculum and high standards of education. Graduates from these institutions are in demand worldwide.

Specialized MBA Streams: The Top MBA Colleges in India offer a variety of specializations, including finance, marketing, operations, human resources, and entrepreneurship. These programs are designed to align with current industry trends and demands.

Impressive Placement Records: Leading MBA institutions in India consistently report high placement rates with competitive salaries. Top companies like McKinsey, Deloitte, Amazon, and TCS actively recruit from these colleges.

World-Class Faculty and Facilities: These colleges have experienced faculty, modern infrastructure, advanced learning resources, and global partnerships that provide students with a well-rounded educational experience.

Affordable Education: Compared to MBA programs in countries like the US or UK, Indian MBA colleges offer world-class education at a fraction of the cost, making them an attractive option for students.

List of Top MBA Colleges in India

Here’s a look at some of the Top MBA Colleges in India, their programs, and what makes them unique:

Indian Institute of Management (IIMs)

Why Choose IIMs?IIMs are considered the gold standard of MBA education in India. With campuses spread across the country, IIMs offer unparalleled academic rigor and excellent placement opportunities.

Special Features:Case-based learning, international exchange programs, and strong alumni networks.

Top IIMs: Ahmedabad, Bangalore, Calcutta, Lucknow, and Indore.

XLRI Jamshedpur

Why Choose XLRI?Known for its HR and business management programs, XLRI is one of the oldest and most prestigious management schools in India.

Special Features:Focus on ethics, sustainability, and leadership development.

Indian School of Business (ISB)

Why Choose ISB?ISB Hyderabad and Mohali campuses are renowned for their one-year MBA program designed for working professionals.

Special Features:Global faculty, diverse peer groups, and strong industry connections.

SP Jain Institute of Management and Research (SPJIMR), Mumbai

Why Choose SPJIMR?SPJIMR focuses on value-based learning and industry-ready skills.

Special Features:Programs emphasize experiential learning and global exposure.

Faculty of Management Studies (FMS), Delhi

Why Choose FMS?FMS is known for its excellent return on investment (ROI) with low fees and high placement packages.

Special Features:Small batch sizes ensure personalized learning and mentorship.

Symbiosis Institute of Business Management (SIBM), Pune

Why Choose SIBM?A part of Symbiosis International University, SIBM offers top-notch MBA programs with a focus on innovation and leadership.

Special Features:Corporate interface and diverse learning opportunities.

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

Why Choose NMIMS?NMIMS offers specialized MBA programs across disciplines like finance, marketing, and supply chain management.

Special Features:Excellent faculty, modern infrastructure, and strong industry ties.

Key Specializations Offered by Top MBA Colleges in India

The Top MBA Colleges in India offer a variety of specializations to cater to diverse career goals:

Finance: Master the skills of financial management, investment banking, and corporate finance.

Marketing: Learn about consumer behavior, brand management, and digital marketing strategies.

Human Resources: Focus on workforce planning, employee relations, and organizational development.

Operations: Develop expertise in supply chain management and process optimization.

Entrepreneurship: Gain insights into launching and managing your own business.

Placement Opportunities at Top MBA Colleges in India

One of the biggest advantages of pursuing an MBA from a top institution is the excellent placement opportunities. Here’s why graduates from these colleges secure top positions:

High Salaries: Graduates from leading MBA colleges enjoy competitive starting salaries, often exceeding ₹20 lakh per annum at top-tier institutions like IIMs and ISB.

Diverse Roles: Students are recruited for roles such as business analysts, consultants, marketing managers, and financial advisors.

Prestigious Recruiters: Top companies like Google, Amazon, McKinsey, Goldman Sachs, and Reliance frequently hire from these colleges.

Global Exposure: Many MBA graduates from India secure international job offers, giving them an edge in the global job market.

How to Get into Top MBA Colleges in India

Securing admission to one of the Top MBA Colleges in India requires dedication and preparation. Here’s what you need to do:

Prepare for Entrance Exams: Most colleges accept scores from exams like CAT, XAT, GMAT, and NMAT. Start early and focus on building a strong score.

Build a Strong Profile: Highlight academic achievements, work experience, and extracurricular activities in your application.

Ace Group Discussions and Interviews: Focus on improving your communication and problem-solving skills for the interview rounds.

Apply to Multiple Colleges: Diversify your options by applying to multiple institutions to increase your chances of selection.

Final Thoughts

Choosing the right MBA college is a crucial step in shaping your career. The Top MBA Colleges in India provide an excellent platform for students to grow academically, professionally, and personally. From world-class faculty to excellent placement opportunities, these colleges prepare you for success in today’s competitive world.

If you’re ready to take your career to new heights, explore these top institutions and start your journey today!

[vidyalive]

Online MBA Programs: Empowering Professionals to Climb the Corporate Ladder

 Significance of Online MBA to Working Professionals

The business world of today is accelerating at a rapid pace, and getting an Online MBA has become more like a lifesaver for most working professionals.

They can easily juggle their work, personal life, and studies with the flexibility and the convenience this provides.

This is particularly more important for professionals who want to specialize in niche fields such as Finance, Operations, Human Resource Management (HRM), Media and Advertisement, Business Analytics, or Petroleum and Natural Gas.

Career After Online MBA in Finance

One of the most in-demand specializations from an Online MBA is finance.

Finance will always be the core of any organization, and thus the demand for finance professionals is always on the increase year by year.

Graduates of the online MBA in finance are largely financial analysts, investment bankers, risk managers, or financial consultants.

Moreover, financial institutions, international companies, and start-ups aggressively hire finance specialisation graduates.

The three significant recruiters are Goldman Sachs, JP Morgan Chase, and Deloitte.

The latest salary survey indicates that finance management MBA graduates may get a joining salary that can be within the range of INR 8 to 20 lakh depending upon experience and market demand.

Top Institutions and NIRF Ranking for Finance MBA

Indian Institute of Management (IIM), Bangalore, and Xavier School of Management (XLRI), Jamshedpur, are among the top ranked under NIRF for finance related MBA programs.

These institute provide some of the best Online MBA courses in Finance with placement rates consistently over 90%.

Career After Online MBA in Operations

Another much sought MBA major is Operations Management. An Online MBA in Operations develops professional competencies in logistics, supply chain management, quality control, and project management.

Without these people, the whole world would come grinding to a halt: global trade and e-commerce cannot work without them.

After MBA, this professional may seek jobs that include operations management, a supply chain analyst, a logistics manager, and a production manager.

Some of its biggest recruiters are Amazon, Flipkart, and Tata Consultancy Services (TCS).

The average salary for MBA graduates In the category of operations would range between INR 7 to 18 lakhs per annum, though one could get very high packages for senior jobs like Operations Head.

Institutes of Repute and NIRF Ranking of Operations MBA

Many of the leading colleges across the country focus much on operations management, and some of them include Indian Institute of Technology, Delhi and IIM Ahmedabad.

Career after an online MBA in Human Resource Management

HRM has evolved from merely being involved in offering services related to payroll and recruitment.

The Online MBA in HRM prepares professionals for the role of an HR manager.

The average salary of an MBA in HRM is between INR 6 to 15 lakhs per annum, while top HR professionals make much higher amounts depending on their experience and the organization size they work for.

List of Top Institutions and NIRF Ranking for MBA in HRM:

HRM MBA specializations are the most sought in Tata Institute of Social Sciences, Mumbai, and XLRI, Jamshedpur.

The value added to different sectors through leadership by skillful human resource professionals coming out of these institutes is simply exceptional.

Career After Online MBA in Media and Advertisement

The biggest shift in the media and advertising industry, as a whole, has been with the rise of digital platforms.

An Online MBA in Media and Advertisement prepares professionals to handle brand campaigns, digital marketing, and media planning.

For MBA graduates in the media and advertisement sector, salaries can be as low as INR 5 lakh per annum and high as INR 15 lakh for an experienced professional.

Top Institutions and NIRF Ranking for Media and Advertisement MBA

Such institutes that host robust programs for media and advertisement include Mudra Institute of Communications (MICA), Ahmedabad, and Symbiosis Institute of Media and Communication, Pune.

Career After Online MBA in Business Analytics

It’s an extremely high-profile field of doing business, especially in data-driven decision-making for the success of the business.

The most prominent roles in this field are that of a business analyst, data scientist, and analytics manager.

The average pay level is from INR 8 to 22 lakh a year, making it one of the highest-paid specializations.

Top Institutions and NIRF Ranking for Business Analytics MBA

IIM Calcutta and Great Lakes Institute of Management, Chennai, are top-ranked institutions for Online MBA in Business Analytics.

Career After Online MBA in Petroleum and Natural Gas

Online MBA in the field of petroleum and natural gas is one of the most competitive areas of work, and it presents excellent opportunities for jobs including energy consultants, operations managers in oil and gas firms, and environmental sustainability managers.

The Indian Oil Corporation, ONGC, and Reliance Petroleum are amongst the major recruiters in this industry.

Within a range of INR 10 lakh to INR 25 lakh per annum, the average salary after completion of the Online MBA in petroleum and natural gas ranks this amongst the most paid industries.

Top Institutions and NIRF Ranking for MBA in Petroleum and Natural Gas

Leading institutions of this type in Uttar Pradesh are the Rajiv Gandhi Institute of Petroleum Technology, and the University of Petroleum and Energy Studies is located in Dehradun.

Salary, Jobs, and Recruiters After Online MBA

The salary prospects normally differ for an Online MBA candidate depending upon the specialisation and industry of the candidate along with their past experiences.

Normally, the salary at the entry level ranges between Rs. 6 lakh and Rs. 20 lakh per year in all sectors, while business analytics, finance, and petroleum sectors provide the highest package.

The top companies recruiting from all the different spheres include Amazon, Infosys, JP Morgan, Wipro, and PwC.

Generally, most of the recruitment drives happen through campus placements and online portals of the hiring agencies.

Conclusion

The advantage for working professionals in an Online MBA is that it offers increased flexibility to advance their careers and not necessarily take a break from work.

It has to be with a specialization that aligns with your career aspirations:

Finance, Operations, HR, Business Analytics, or niche fields like Petroleum and Media.

An Online MBA really does enhance your earning capability and job prospects.

With top-ranking institutions, you can rest assured that you are well-equipped for leadership roles in your chosen field.

[mbabtechadmissionexpert]

XLRI Jamshedpur: Courses, Fees Structure, Placements, Scholarships, and Selection Criteria

XLRI Jamshedpur is one of India’s premier business schools, renowned for its management education and outstanding placement record. In this article, we’ll cover XLRI Jamshedpur fees, courses offered, placement statistics, top recruiters, scholarships, and the selection criteria.

Courses Offered at XLRI Jamshedpur

XLRI Jamshedpur offers various management programs, the most notable being:

PGDM in Business Management (BM)

PGDM in Human Resource Management (HRM)

Executive PGDM

Fellow Programme in Management (FPM)

These programs are designed to shape future leaders in the business world. Each course equips students with the skills needed to excel in corporate environments.

XLRI Jamshedpur Fees Structure

The XLRI Jamshedpur fees vary based on the program. The tuition fees for the flagship PGDM programs (BM and HRM) are approximately ₹25-27 lakhs for the entire course. Here's a breakdown of the fees structure:

Tuition Fees: ₹22-24 lakhs

Hostel and Accommodation Fees: ₹2-3 lakhs

Miscellaneous Fees (library, exams, etc.): ₹1-2 lakhs

These fees cover the duration of the 2-year program, including facilities such as the library, IT resources, and more.

Placement & Recruiters

XLRI Jamshedpur has a stellar placement record, consistently delivering high placement rates. The average salary package for the PGDM program in 2023 was around ₹32-35 lakhs per annum, with the highest package going up to ₹60 lakhs per annum for international offers.

Top recruiters include:

McKinsey & Company

The Boston Consulting Group (BCG)

Amazon

Deloitte

PwC

Tata Consultancy Services (TCS)

Hindustan Unilever

Coca-Cola

The diverse range of recruiters ensures that students from every specialization have excellent opportunities to kickstart their careers in top industries.

Scholarships

XLRI Jamshedpur provides several scholarship opportunities for students to ease their financial burden:

Aditya Birla Scholarship: Awarded based on merit, covering part or full tuition fees.

OP Jindal Engineering & Management Scholarship: Offered to meritorious students.

Tata Trusts Scholarships: Financial aid for students from economically weaker backgrounds.

Need-Based Scholarships: Offered to students based on their family income.

These scholarships ensure that talented students, irrespective of their financial background, can pursue their education at XLRI.

Selection Criteria

The selection process for admission to XLRI Jamshedpur’s PGDM programs involves multiple stages:

XAT (Xavier Aptitude Test): Candidates must appear for the XAT exam conducted by XLRI itself. A high percentile, typically above 95%, is required to get a call for the next stage.

Group Discussion (GD): Shortlisted candidates participate in group discussions to showcase their communication and analytical skills.

Personal Interview (PI): The final selection is based on personal interviews where candidates' managerial aptitude, leadership qualities, and overall personality are assessed.

Academic Performance & Work Experience: Candidates' past academic achievements and work experience, if any, are also considered.

Conclusion

With its world-class faculty, cutting-edge curriculum, excellent placement record, and a comprehensive fee structure, XLRI Jamshedpur continues to be a top choice for MBA aspirants. The institution offers numerous scholarships to deserving students, ensuring that financial constraints do not hinder quality education. The rigorous selection criteria ensure that only the brightest candidates become part of XLRI’s legacy.

If you are looking for a holistic MBA experience that paves the way to top corporate careers, XLRI Jamshedpur is undoubtedly one of the best choices.

[shruiti]

Which Field is Best with a Master of Business Administration (MBA) in India?

Nowadays, the MBA professional course is the most opted-for program by candidates willing to gain academic and career advantages in management studies. Reputable institutes in India offer a variety of MBA programs. There are regular, part-time, distance, and online MBA modes.

MBA is the most versatile program, where students have various options to make their career according to their interest in business administration. Candidates can pursue this 2-year PG program after completing their graduation degree from a recognized university. MBA programs are gaining popularity in India among students and working professionals. Students will gain managerial, technical, organizational, and technical skills by the end of the programs. This knowledge will help them build their careers.

Even those who are currently working in an organization can choose to pursue an MBA in distance or online mode, which will help them grow their careers with better designations. Candidates who pursue this degree will get high-paying jobs in their current organization or in other fields, as well as help them become entrepreneurs. Even for new candidates, it will help them attract great jobs after completing their graduation.

As said earlier, there are various modes of education for MBA programs. There is not only a traditional or regular MBA; students can opt for a distance, online, or executive MBA. This executive MBA is especially curated for working candidates at the mid-senior executive level.

Which is the best college for an MBA?

Top MBA institutes offer a variety of specializations, as well as their own curricula. Students can choose their interested disciplines in the admission process. Below are few of the top 10 MBA institutes in India are:

IIM Kolkata

IIM Lucknow

IIM Bangalore

IIM Ahmedabad

IIM Kozhikode

IIM Indore

IIT Delhi

XLRI Jamshedpur

Symbiosis Institute of Management Studies, Pune

IIT Kharagpur-VGSOM

Which field has the best scope for MBA?

There are many specializations that are available in the MBA program that will help the students in various fields. Here we have listed the Top MBA Specializations, that have great demand in making a career are given below:

MBA in Finance Management

MBA in Marketing

MBA in Operations Management

MBA in HRM

MBA in Hospital and Healthcare Management

MBA in Tourism Management

MBA in IB

MBA in International Management

MBA in Rural Management

The detailed info about each of the specializations will be mentioned below:

MBA in Finance Management

Finance management is most popular and in-demand specialization opted by MBA students. There is high scope in a career if students choose finance management. The curriculum involves the study of finances, its planning, and controlling of financial decisions.

By the end of the program, students shall excel in mathematical calculations, leadership, communication, strategic thinking, and more. Some of the financial skills would be costing, budgeting, capital management, international finance, etc.

Topics that will be covered in Finance Management are:

Financial Risk Management

Fixed Income Markets

Portfolio Management

International Finance

Fundraising

Managerial Economics

Macro Economics

Business and Corporate Laws

Acquisitions and Merges

Corporate investment management

Bank Management

Treasury and Risk Management

Money and Banking

Trading Strategies

Finance Management Career Scope:

After completing an MBA degree in Finance Management, candidates can start their career in finance areas like:

Finance Ministry

Sales

Trading

Asset Management

Derivatives Structuring

Stock marketing

Treasury

Corporate Banking

Credit List Management and more

Under this stream, candidates can expect a starting salary package of INR 7 LPA on average. Accenture, TCS, HDFC Bank, EY, Axis Bank, etc. would be some of the top recruiting companies. 

MBA in Human Resource Management 

Any business organization will need people, i.e., human power. So human resource management will become essential in any industry. Pursuing an MBA in HRM will help the candidates in the study of people, employment management, and the responsibilities of employers towards the organization.

The HRM curriculum involves recruiting, salary, benefits and increments, training, performance updates, employee safety, employee policy, employee health, as well as staff amenities.

Topics that will be covered in Human Resource Management:

Human Resource Management

Human Resource Development and Planning

Organizational Development and change

Managerial Economics

Industrial Relations Management

Personnel Management Concepts

The methodology of Training and Development

Management Laws 

Compensation Management

Corporate Communication

Operations Management

Labour Laws

After completing an MBA degree in Human Resource Management, candidates can start their career in HR areas like:

Human Resource Generalist

Human Resource Manager

Technical Recruiter

Employee Relations Manager

Human Resource Entrepreneur

Labour Relations Manager

Non-Profit Human Resource Experts

Compensation or Benefit Analyst or Manager

Training and Development Coordinator or Manager

Staffing Director

The expected starting salary for HRM candidates shall be around 6 LPA. In the case of senior-level HR managers, salaries can range from 7–10 LPA. Candidates can find job openings in many IT companies, advertising, media houses, and many more. 

MBA in Marketing Management 

Marketing management streams from various career paths from consulting to entrepreneurial management. Some of the skills trained in the curriculum are consumer behavior, cost volume and profit, market research, sales, advertising, promotion, branding, etc.

Topics that will be covered in Marketing Management:

Marketing Concepts

Marketing Ethics

Consumer Behavior

Business Communication

International Marketing

Industrial Marketing

Sales Forecasting

Economic Analysis

Customer Relationship Marketing

Business Management

After completing an MBA degree in Marketing Management, candidates can start their career in IB areas like:

Marketing Manager

Sales Manager

Asset Manager

Branding Manager

Media Planner

Public Relations Director

Product Manager

Head of Digital Marketing

Market Research Analyst

Corporate Sales

Candidates can find job opportunities in IT firms, advertising agencies, marketing companies, etc. with an average salary package of INR 7.5 LPA.

MBA in Operations Management  

Under Operations Management, the curriculum will deal with all the business operations. They will get to learn skills like good communication, customer handling, negotiations, etc. to grow in their career. 

Topics that will be covered in Operations Management:

Logistics

Supply chain Management

Operations Research

Inventory Control

Project Management

International Logistics

Marketing Management

Enterprise Resource Planning

Plant Design and Layout

Manufacturing Strategy

After completing an MBA degree in Operations Management, candidates can start their career in OM areas like:

Marketing and sales

Logistics Information Systems

Inventory-Material Control

Import and Export

Transportation

Warehousing

Construction

Packaging

Financial Institutions

Information Technology

Students can get job opportunities in some of the fortune companies like ONGC, Blue Dart, GAIL, First Flight, and DAMCO. The average salary package while starting their career would be INR 8 LPA.

MBA in Health Care and Hospital Management

In this MBA curriculum, candidates will learn to handle critical hospital issues and their administration. Students must need skills like adaptability, leadership, quick thinking, ethical judgment, etc.

Topics that will be covered in health care and hospital management: 

Health Service Management

Operations and Services Management

Medical Ethics Quality Management

Hospital Information

Medical Emergency Systems

Medical Tourism Financial

Financial and Costing Accounting for Hospitals

Healthcare Policies and Regulations

After completing an MBA degree in Health care and Hospital Management, candidates can start their career in Health care areas like:

Private Hospitals

Health Insurance Companies

Medical Colleges

Diagnostic Laboratory Chains

Pharmaceutical Companies

Medical Tourism Companies

Healthcare IT

Preventive and Social Healthcare Sectors

Market Research Organization

Primary Healthcare Chains

Eligible candidates can get job opportunities in health industry like Fortis Healthcare Limited, Infosys, AIIMS, KMPG, Apollo Hospital etc. In the beginning, candidates can expect a salary of INR 6.6 LPA.  

MBA in Rural Management 

Students will involve a lot of experimental learning in rural management. They will need to inculcate skills like empathy, integrity, and commitment to work in this field; problem-solving skills; handling huge masses; and knowledge of the local language. 

Topics that will be covered in Rural Management:

Natural Resources and Sustainability

Rural Livelihood and Research Methods

Development Theories and Practices

Agribusiness

Microfinance

Economic Analysis for Rural Management

Social Entrepreneurship

Legal Environment

Rural Infrastructure

Precision’s farming and Horticulture

After completing an MBA degree in Rural Management, candidates can start their career in RM areas like:

Grameen Bank

NABARD Bank

Government-owned or sponsored Rural Development Projects

National or international NGO’s

Microfinance

Agribusiness

Voluntary Groups

Insurance

Research Institute conducting extensive research on rural areas.

Funding Agencies

 Some of the good job opportunities will be from insurance companies, research and consulting firms, rural and agricultural financing, and banks. The starting salary package would be around 4 LPA.

MBA in International Business

Pursuing an MBA in IT streams has high demand. Students are required to have certain skills like global orientation, IT knowledge, problem-solving skills, analytical skills, strategic thinking, etc.

Topics that will be covered in International Business:

International Business Environment

Financial Management

Marketing Management

International Business Law

Global Financial Markets and Instruments

Management of Multinational corporation

Foreign Trade and Policy

International Logistics Management

Global Marketing Management

Cross-Cultural Business Management

After completing an MBA degree in International Business, candidates can start their career in IB areas like:

International Finance

International Logistics

International Marketing

Foreign Exchange Management

Export and Import Management

Consultant for an International Organization

Management Analyst

International Banks

International Logistics Company

MNC’s

IT candidates can get jobs from top companies like Credit Suisse, Pepsico, Accenture, EY, Deutsche Bank, and GE. The expected salary package will be nearly for INR 5 LPA. 

MBA in Tourism Management 

Candidates with good negotiation and communication skills can opt for tourism management. Candidates will be introduced to different designation points, the hospitality industry, the history of tourism, and other relevant streams of tourism.

Topics that will be covered in tourism management:

World Geography

Travel and Transportation planning

The History of Tourism

Marketing Strategies

International Tourism and Trends

Organizational behavior

Human Resource Management

Travel Agency and Tour Operation Business

Hospitality, Hotel, and Hotelier Ing

Destination Planning and Management

After completing an MBA degree in Tourism Management, candidates can start their career in tourism areas like:

Tourism Departments

Travel Agencies

Tour Companies

Hospitality and Catering Industry

Hotel Industry

Travel and Tourism Colleges

International and National Food Chains

Airlines

Food Craft Institutes

Banks

Deserving candidates can get jobs in top companies like Thomas Cook, Yatra.com, Cox & Kings, TCI, Airlines, etc. The expected average salary at the starting would be INR 5-10 LPA. 

MBA in Information Technology 

Aspirants taking up IT management specialization in the MBA program are expected to have certain skills in IT knowledge, global orientation, analytical skills, problem-solving skills, strategic thinking, etc.

Topics that will be covered in International Management:

Computer Security

Legal and Ethical Business Practices

Systems Analysis and Design

Database Management

Management of Information Systems

Financial Analysis for Technology Managers

Information Technology Infrastructure

Technology Entrepreneurship

E-Business

IT Consulting and Advisory Practice

After completing an MBA degree in IT management, candidates can start their career in IT areas like:

Project Management

Cross-Platform Communications

Product and corporate marketing

Strategy and Planning

Information System Manager

IT Director

Business Development Manager

Chief Technology Officer

IT Specialist

Computer Information Specialist

The IT field's top recruiters would be Credit Suisse, Accenture, Pepsico, EY, Deutsche Bank, and GE. The average starting salary would be INR 5 LPA.

[cristajha]

MBA In Finance Management

Introduction MBA In Finance Management: A career in finance can be very satisfying and lucrative. That’s what engages many MBA graduates to finance jobs ranging from highly specialized investment banking jobs to general financial management profession. Finance in simple terms is all about obtaining and managing money. Of course, it sounds more magnificent when you use the appropriate jargon. And we will get to that part fast. For now, it would be enough to understand that people and businesses need money. Part of the complexity is involved in raising the funds and the rest engaged in knowing what to do with it. Examine your own story. You have probably identified the big expenses (studies, marriage, healthcare, house, vacations) that you would hope for over the next several years. In order to suffer or improve your standard of living, you would require a job (or begin a business) that pays sufficiently. Over a period of time, you will save sufficient to tackle each of the big milestones you have planned for yourself. If the requirement to spend is urgent you might borrow the difference from someone who believes you. And in turn, you pay back the borrowed amount overtime. It's pretty much similar for business as well excluding that the scale and complexity go up several notches. Finance is examined to be a subset of economics.  

Meaning of Finance Management In MBA: financial management means planning, organizing, staffing, directing, controlling the financial activities such as acquirement and utilization of funds of the enterprise. It means applying common management principles of the financial resources of the enterprise. 

Definition of Finance Management in MBA: “finance management is the process concerned with planning, raising, and controlling and administering of funds used in the work.”

Significance of Finance Management in MBA: 

Top Colleges For MBA Finance Management In India:

Indian Institute of Management (Kolkata)

Indian Institute of Management (Ahmedabad)

Indian Institute of Management (Bengaluru)

Jamnalal bajaj institute of management studies (Mumbai)

Faculty of management studies (new Delhi)

Indian school of business (Hyderabad)

Indian Institute of Management (Lucknow)

Xavier labor research institute (Jamshedpur)

Management development institute (Gurgaon)

SP Jain institute of management and research (Mumbai)

MBA Finance Courses:

Accounting for managers

Business Communication

Quantitative Methods for management

Organizational behavior

Managerial economics

Macroeconomics

Marketing concepts and practice

Corporate finance

Strategic Management

Investment analysis and portfolio management

Financial markets and institutions

Advanced financial management

Public financial administration

Business and corporate laws

Human resource management

Information technology for finance

Production and operation management

Treasury and risk management

Mergers and acquisitions

Microfinance and insurance

MBA In Finance Management Salary In India:

After completing the MBA in finance one can find the job in the various sectors:

Corporate finance

Corporate banking

Credit risk management

Asset management

Hedge fund management

Private equity

Treasury

Sales and Trading

The average salary of MBA Finance in India is Rs 6,78,000 per annum. The salary increases with increasing experience and knowledge.

Source

EY, HDFC bank, Accenture, TCS, ICICI Bank are top recruiters for MBA finance applicants.

MBA in Finance Management Job Roles and Career Opportunities:

MBA in finance is a tough course; imagine it as a training for one of the most liable courses in the world. Yes, you would be holding the finance of the business and everyone knows finances run an enterprise and you will be in charge of finance. There are multiple chances for finance grads and the cause for this magnetism is the various subjects taught to the students in the course of 2 years.

Job After MBA in Finance management:

Accounting manager

Chief financial officers

Cash managers

Manager consultants

Investment banking associates

Credit managers and specialists

Financial analyst

Corporate controllers

Finance officers and treasurers

Insurance and risk managers

Investment bankers

Investment sales traders and associates

Accounting manager: an accounting manager implements systems for gathering, analyzing, verifying, and reporting certain types of financial details. Hardly an accounting manager is a part of a huge group that involves the mid-level managers.

2.Chief financial officers: a chief financial officer is a senior executive in charge of managing the financial actions of the company. The chief financial officer's work involves tracking cash flow and financial planning as well as examining the company’s financial strengths and weaknesses and proposing written actions.

3.Cash Managers: a cash manager specializes in supervising cash management activities such as posting procedures for payments and repay or bank account administration. Cash managers are required in a variety of organizations such as health care businesses or financial services companies. They usually work full time in an office environment.

4. Manager consultants: management consultant is the practice of helping companies to improve their performance. Companies may draw upon the services of management consultants for a number of reasons involving gaining external advice and access to the consultant's exclusive expertise.

5.Investment banking associates: in the investment banking career path associates are one run greater than analysts. While analysts are recruited from top undergraduate colleges. Associates are promoted internally or enlist from top MBA programs.

6.Credit managers and specialists: credit managers are in charge of overseeing the credit granting process of a company. Their task is to analyze company sales and reduce bad debts losses by maintaining the credit policy.

7.Financial analysts: a financial analyst pores over information to identify business opportunities or make investment advice. More junior analysts tend to do a lot of data collecting, financial modeling, and spreadsheet maintenance.

8.Corporate controllers:  a company’s controller is the chief accounting officer and heads the accounting division. The controller is in charge of the company's financial statements. Journal ledger and cost accounting, payroll, accounts payable, accounting receivable, etc.

9. Finance officers and treasurers:  treasurers are not just bookkeepers they are financial decision-makers who shoulder a lot of authority. They required an eye for smaller details with the vision to handle big picture problems. They are superior and advisors at the same time and especially when there is serious capital investment entangled. They sometimes act as a financial planner for the entire business.

10.Insurance and risk managers: risk managers specialize in identifying potential causes for accidents or loss and executing preventing measures. Devising a plan to reduce the cost.  

11.Investment Bankers: an investment banker in an individual who often works as a part of a financial organization. And is primarily concerned with increasing capital for corporations, governments, and other entities.

12.Investment sales traders and associates: sales and trading is a community at an investment bank that consists of salespeople who call institutional investors with ideas and chance and traders who execute orders and guide clients on entering and existing financial positions.

Functions Performed In Finance Management:

Estimating the amount of capital required: this is the foremost work of the financial manager.

Business Company needs capital for:

(i) Buying of fixed assets.

(II) Meeting working capital needs.

(iii) Modernization and growth of the business.

3.Control Capital Structure: Once the need for capital funds has been determined a decision regarding the kind and portion of various sources of funds has to be taken. This financial manager has to determine the proper mix of equity and debt and short term and long term debenture ratio. This is done to accomplish reducing the cost of capital and increasing shareholders' wealth.

4.Choice of sources of funds: before the real procurement of funds are to be raised. The management can increase finance from various sources like equity shareholders, preference shareholders, debenture holders, banks, and other financial institutions, public deposits.

5.Procurement of Funds: the financial manager takes steps to obtain the funds needed for the business. It might need negotiation with creditors and financial institutions, issues of the prospectus, and so on.

6.Utilization of funds: the funds obtained by the financial manager are to be prudently invested in various assets so as to increase the return on investment while taking investment decisions management should be guided by three main principles: safety profitability and liquidity.

7. Disposal of profits: the financial manager has to choose how much to retain for plowing back and how much to divide as dividends to shareholders out of the surplus of the firm. The trend of its cost of the share, the need for the funds for self-financing the feature programs, and so on.

8. Management of cash: management of cash and other current assets is the main task of a financial manager. It includes forecasting the cash inflows and outflows to ensure that there is no shortage of cash within the company. Enough funds must be available for buying the material payment of wages and meeting day to day costs.

9.Financial control: assessment of financial performance is also the main function of a financial manager. The overall measure of assessment is the return on investment. The other techniques of financial control and assessment involve budgetary control, price control, internal audit, break-even examination, and ration examination. The financial manager lays emphasis on financial forecasting as well.

Types of Finance Management:

1.Capital budget management: capital budgeting is the forecasting procedure used to choose if a company fixed assets, for example, the new plant, new mechanism. Numerous formal master plans are utilized in capital budgeting for example profitability index, payback period.

2. Capital structure management: in corporate finance capital structure manner in which firm finance through a mix of a debenture or equity securities. Debenture finance comes as a bond issue while equity comes from retained income.

 3. Working capital management: working capital management of a company defined as managing bookkeeping methodology and accounting masterplan intended to keep track of current assets and current liabilities.

[doonbusinessschool]

Top MBA Colleges in India.

 Top MBA Colleges in India.

 Seeking MBA/PGDM from one of the top MBA college in India is a dream of every MBA hopeful. Top MBA schools in India incorporate a portion of the 20 IIMs as well as numerous other conspicuous top administration universities in India like FMS Delhi, MBA branches of IITs, JBIMS Mumbai, NMIMS Mumbai, and private administration organizations like XLRI Jamshedpur, MDI Gurgaon, SPJIMR Mumbai among others. It is one of the most hardworking tasks to get admitted into the top MBA colleges as it requires adequate marks in exams conducted to get into these colleges. There are also Group discussions as well as personal interviews taken by professionals to get into these universities. There are different exams conducted to their seats secure in these prestigious organizations of India like:

CAT, MAT, XAT, SNAP, NMAT, CMAT, GMAT, ATMA.

There are different cutoffs for every exam for every different college. Feline 2020 cut-offs for top IIMs normally range from 99 to 100 percentile for General category aspirants. For reserved category aspirants, the CAT cut-offs are somewhat lower depending upon the requirements of every different college. The cut-offs for admission to top MBA schools like FMS, MDI, SPJIMR among others touches about 95 to 97 percentile.

The IIMs don't deliver CAT cut-offs publicly anywhere on the internet. You need access to look up the cut-offs of the current year, one needs to make an account and login there to know the actual cut-off every year. Only for the students who have their CAT registration ID and the ones who will be appearing in the CAT exam the cut-offs are visible. The hopefuls should take note that there are two kinds of CAT cut-offs for IIM confirmation – qualifying cut-off which ensures that the student is eligible for the next step and final cut-offs which actually finalize that the aspirant is eligible to get admitted into the university. While the previous cut-off is reported before the CAT result assertion, the last is declared after exam completion. Different foundations tolerating CAT test scores for admission to fix a base slice off to waitlist possibility for affirmation.

It is very important to analyze the fee structure as well as Return on Investment before choosing your preferred MBA college. Along these lines, it will be smarter to analyze the expense designs of various B-schools and the advantages of getting the hang of emerging out of it prior to concluding your MBA confirmation choice.

IIM Ahmadabad, Bangalore, Calcutta are positioned among theTop MBA colleges  in India on different boundaries in practically every one of the rankings, anyway their expense structure is exceptionally high and runs over 23 lakhs. Then again, the Faculty of Management Studies, Delhi University (FMS Delhi) is one of the top MBA schools in India with Fee structure as low as Rs. 25,000 and the absolute charge is under Rs.2 lakhs. It is liked by aspirants to aim for numerous IIMs as it has a high ROI with a high probability to get into a good company with a fat package.

 TOP 10 MBA COLLEGES IN INDIA (NIRF RANKING):

IIM Ahmedabad: It is ranked 1 in the list of top MBA colleges in India with 4.6 stars with 4.4 stars for placements and 4.6 for the value of money. According to NIRF’20, it is India’s leading MBA College promising top-notch placements, good infrastructure as well as highly qualified teachers. The fees for IIM Ahmedabad is 23 lakhs and it has maintained a continuous record of giving 100% placement to its students. Students from IIM Ahmedabad also choose to opt to go for entrepreneurship ventures. The average package by IIM Ahmedabad is about 23 lacs every year.

IIM Bangalore: NIRF’20 ranking – 2nd. With 4.8 stars it has been ranked in the topmost MBA institutes in India. In 2020, it has been ranked no.1 for MBA/PGDM by outlook. For MBA/PGDM program, fees are 14Lacs and the average package offered is about 23 Lacs Per Annum. IIMs mostly prefer CAT and GMAT scores.

IIM Calcutta: NIRF’2020 ranking -3rd. THE average CTC offered by IIM Calcutta in the current year 2021 was 29 Lacs per annum. IIMs primarily take admissions based on CAT and GMAT scores. Students aspiring to take admission in IIM Calcutta must note that final CAT cut-offs are always higher than the qualifying cut-offs. The expected overall qualifying percentile for 2020 admissions in IIM Calcutta for general category students was 85 percentile whereas the final CAT  qualifying cut-off was 99 percentile.

IIM Lucknow: NIRF’2020 Ranking 4th. IIM Lucknow 2020 placement was once again a success as 100% of students were placed last year with the highest salary offered for 54 Lacs per annum. Some leading companies which picked students from IIM Lucknow were Accenture, Amazon, ITC, Goldman Sachs, Flipkart, Colgate, and many more. The total fee for MBA/PGDM course is approximately the same as other IIMs, which is about 19 Lacs and the median salary offered by IIM Lucknow is between 17-23 Lacs per annum.

VGSOM IIT Kharagpur (Vinod Gupta School of Management): NIRF’2020 Ranking 5th. VGSOM offers both MBA and PGDM courses charging total fees approx 10.3 Lacs – 24 Lacs. It only takes CAT scores for the admissions of aspirants and the cut-off for 2019 was 85 percentile for General Category students. The school successfully completed the placement of 100% of students of the 2021 batch in top corporate companies. Companies like IBM, ICICI Bank, Deloitte, Genpact, and other 70 companies were the major companies to visit VGSOM to offer placement to the students.

IIM Kozhikode: NIRF’2020 Ranking 6th. With 4.4 stars, IIM Kozhikode stands in the top 10 colleges to offer the best ROI and best quality education for students pursuing MBA and PGDM courses.IIM Kozhikode accepts CAT as well as GMAT scores. Total fees are about 15 lacs to 20.77 lacs and offer an average package of about 20 lacs per annum. Cut-offs for IIM Kozhikode touches about 97-98 percentile every year and it has witnessed a 100% placement record.

IIM Indore: NIRF’2020 Ranking 7th. IIM Indore recorded its placement in the year 2021 with the highest CTC of about Rs.56.8 Lac per annum and median package offered for CTC Rs.23.6 lac per annum. Total fees for MBA/PGDM course is between Rs.15 lacs – 26 lacs and expected cut-offs touches about 90 percentile whereas final cut-offs reach about 97-98 percentile. There were about 135 pre-placement offers in the year 2019. In the year 2020, the highest CTC offered rose by about 153% but students opting for campus placements dipped by 31.48%.

Department of Management Studies, IIT Delhi: NIRF’20 Ranking 8th. It offers MBA/PGDM program and the total fee is between Rs. 9.6 lacs – 9.89 lacs. It has an excellent ROI and has 100% placement records with total offers of 128 from different top organizations. Highest CTC in 2019 was 32 Lacs per annum whereas the average placement was about Rs. 18.50 lacs per annum. Last year's cut-offs for getting admission in DMS were 98+ percentile for both fresher and candidates with work experience.

XLRI, Xavier School of Management: NIRF’2020 8th ranking. With 4.6 stars rating XLRI, Jamshedpur offers 7 different courses and has an intake of 480 students per batch. The courses offered in XLRI are PGDM and the highest placement offered in 2020 was Rs.58.5 lac per annum. The average placement is about 24 lacs per annum and some of the popular recruiters are Boston Consultancy Group, Nestle India Ltd., and TCS. XLRI accepts XAT and GMAT scores and cut-offs touch from 92-92 percentile for non-engineers and 90-93 percentile for engineering students.

MDI Gurgaon – Management Development Institute: NIRF’20 ranking 10th. With excellent ROI, MDI, Gurgaon in 2021 concluded with an average salary of 23 lacs per annum. It offers 6 different courses and the total fees for MBA/PGDM program are between Rs.12.8 lacs- Rs.23.58 lacs and offers a median salary package of Rs.18-19.82 lac per annum. The college has been maintaining a record of 100% placement over the years. In 2021, about 106 total companies participated in selecting students from MDI, Gurgaon. Maximum placements were from IT companies, whereas some of the top recruiters were from companies like –AB InBev, Abbott, ABFRL, Airtel, GSK pharmaceuticals, and many more.

 What special courses are offered by one of the best MBA colleges in India:

There are different goals you can look for while you are continuing to do your MBA/PGDM program. It will help you both the ways – one by teaching you with these certified and good courses and on the other hand it gives you extra merit, certificate or qualification to do much more with your life. It is very important for future leaders to understand the importance of new-age courses which will help them technically to work efficiently in a workplace. A new workplace often demands skills related to AI, MI, Blockchain, so here are some new-age courses which will help an individual to create his impression in the organization:

1.            Graphic designing: it is the process of solving any problem with the use of typography, image, space, or color. It is a form of visual communication and design communication.

2.            Data science: it gives students to deal with the analysis of data. It is very essential for an MBA/PGDM student to know how to read data hence data science is one important course one can opt to study.

3.            Media Management: it includes strategies and aspects of fundamentals of business that one might not have a brief idea about. It teaches strategy, management as well as accounting.

4.            Entrepreneurship: Entrepreneurship has always been seen as traditionally creating a product, branding a product, and launching it in a market. But on a wide outlook, entrepreneurship is a vast topic that teaches a lot about the product, market, and customer psychology. It is very much advised for students opting MBA/PGDM program to do an entrepreneurship course. It is also added to the curriculum of many universities.

5.            Stress management course: this course is offered on many sites including udemy. It teaches about how to manage stress and workload in an organization. The factors causing stress, effective ways to handle stress, its risk factors, etc. it teaches very effectively the ways to combat emotional as well as physical stress.

6.            Digital marketing: this course is in huge demand these days due to the increase in digitalization. It teaches different important channels like Search Engine Optimization, Search Engine Marketing, Email Marketing, Social Media Marketing, Content Marketing, Web Analytics, etc. it is one the most demanded and profound new-age courses which helps an individual in different spheres of his work life.

7.            Excel Skills for Business: This course teaches important aspects for easily manipulating and entering and formatting data. It also helps a business analyst to analyze data and make effective decisions based on the data results. Formulas to perform a function on an excel sheet and many more important methods are taught in order to make a person a fine excel handler.

8.            Machine learning: If you are from the technical background then this course is the right one for you. This will teach you different skills like logistic regression, artificial neural network, machine learning algorithms, and of course machine learning too.

9.            R Programming: R is basically used to analyze data in a very effective manner hence for every business student especially the data analyst, it is important to know the R programming language. You will figure out how to introduce and design programming essential for a factual programming climate and depict nonexclusive programming language ideas as they are executed in a significant level measurable language. The course covers useful issues in measurable processing which remember programming for R, adding information to R, getting to R bundles, composing R capacities, troubleshooting, profiling R code, and arranging and remarking on R code. Points in factual information examination will give working models.

10.          Effective communication- writing, speaking, and presentation skills: By taking this course you will learn how to deliver a Successful Presentation, you'll sharpen your composed, visual, and verbal business introduction abilities. You'll figure out how to compose efficient, clear business records; to plan exquisite introduction slides, reports, and banners; and to introduce and talk with certainty and force. The Effective Communication Specialization takes you on an excursion of self-acknowledgment. You'll discover that greatness in correspondence includes the capacity to communicate what your identity is—your best self—in all that you do.

 IMPORTANCE OF NEW AGE COURSES:

During and after this severe pandemic, there's developing dread among experts that as AI and mechanization invade the standard enterprises, the abilities they instilled over years will quickly get repetitive, delivering them unemployable. The fact of the matter is less basic, however maybe likewise less hopeless. In the pre-disturbance worldview, there were comprehensively two classifications of abilities needed by industry- a band of specialized industry or domain knowledge and a wide run.

As indicated by the World Economic Forum's 'The Future of Jobs Report 2018', generalist demands have contracted widely and this pattern will proceed. In their place, two arrangements of abilities are going to the front. The first requires exceptionally developed specialized capacities, like Machine Learning Specialists, Big Data Specialists, Process Automation Experts, Human-Machine Interaction Designers, and Robotics Engineers. Couple with these, there's additionally a consistent demand for distinct human abilities.

Another method of promoting is developing for selling items. This is called online media promoting, significant and developing expertise that requires MBAs with information on machines, the web, accounts, and advertising to sell items in huge numbers.

The U.S., with the absolute most exceptional educational programs, is battling to track down a sufficient number of qualified representatives for the positions in the new age. To anticipate that India, where schools offer a by and large obsolete educational program, will actually want to create capable alumni and have staff who can show courses in the new territories, is unreasonable.

Distributed computing has become a vital piece of big business computerized change procedure. Cloud administrations are projected to turn into a $300 billion business by 2021. Manager interest in positions identified with Cloud will rise complex. In the previous three years, occupations in Cloud computing, Cloud infrastructure, and Cloud engineering have ascended by 108%. Boss interest wherever on the planet is outperforming the number of qualified up-and-comers accessible.

The increase in necessities should be prepared with relational abilities, basic reasoning, delicate abilities, and the worldwide language of business — English. New age courses related to machine learning or AI are accurately the abilities robots can't mechanize. It is very important in the coming years to master these new-age courses and keep learning in the dynamic age of machines and artificial intelligence.

IMPORTANCE OF DATA ANALYSIS IN THE COMING YEARS:

The requirement of a data analyst or a business analyst is increasing every coming day. They tell you accurately the position of the company and the brand. They forecast and make strategies in order to make the brand success strategies. There are different tools that a business or a data analyst uses:

•             BUSINESS INTELLIGENCE TOOLS-

1.            DATAPINE- Datapine is a well-known business insight programming, that is centered around conveying basic, yet incredible examination highlights. A powerful UI will empower you to just move your ideal qualities into datapine's Analyzer and make various outlines and diagrams. In case you're an accomplished investigator, you should consider the SQL mode where you can fabricate your own questions yet additionally effectively switch back to the visual mode. It has features of powerful and effective predictive analysis features and interactive dashboards. As soon as there is an occurrence of anomaly intelligent alarms are triggered.

•             STATISTICAL ANALYSIS TOOLS-

1.            R Programming/ R studio: It is an ecosystem with more than 10,000 packages and various extensions which is used for data analysis. R's capacities for information cleaning, information decrease, and information examination report make it an invaluable and distinct analytical assistant. Its different packages make this apparatus a priceless scientific colleague that covers both general and scholastic information investigation. It is gathered of a biological system of in excess of 10 000 bundles and augmentations that you can investigate by classifications, and play out any sort of factual examination like regression, conjoint, factor cluster investigation. R can perform complex numerical tasks by utilizing a solitary order. Various graphical libraries, for example, ggplot and plotly make this language distinct and a quality and informative tool for business as well as data analysis.

•             DATA MODELLING TOOLS-

1.            ERWIN DATA MODELER: It works both with organized and unstructured information in an information distribution center or say data warehouse and in the cloud. It's utilized to "find, picture, plan, convey and normalize top-notch venture information resources," as expressed on their official site.

CONCLUSION:

A good institute offering MBA/PGDM program has a lot to deliver to its aspirants. It works both on their academics and also makes them market-ready. The top ten institutes which offer MBA/PGDM courses in India have different combinations of specializations for their students. They provide other market-oriented strategies like certificate courses which give them exposure to real-life applications of the knowledge. There are several industry visits, rigorous sessions for presentations and understanding the concept practically, Group Discussions, demo interview sessions, seminars, and much more. MBA/PGDM is today one of the most demanded courses but it also requires continuous dedication and hard work to excel in this field, hence opting for the right university for yourself is a challenging as well as very much speculative task.