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Employee Retention in 2024: Innovative HR Strategies to Reduce Turnover
Employee retention remains a critical challenge for HR professionals in 2024, as high turnover rates can disrupt team dynamics and incur substantial costs. To combat this, innovative strategies such as personalized career development, flexible work models, comprehensive employee wellness programs, and recognition initiatives are essential.
These approaches not only enhance employee engagement but also foster loyalty within the organization. Furthermore, continuous upskilling for HR professionals through advanced education, such as a Post Graduate Diploma in HR Management, equips them with the necessary tools to implement these strategies effectively.
Institutions like the MIT School of Distance Education provide valuable programs that prepare HR leaders to navigate the complexities of modern workforce management, ultimately cultivating a culture of retention and growth.
#pgdm hrm#pgdm human resource management#pg diploma in hr#post graduate diploma in hr#pg diploma human resource management#Distance Education#pgd in hr#pgd in human resource management#pg diploma in human resource
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Top 3 PGDM Specializations That Are Always In Demand
The evolution and digitisation of almost every business sector have led to the introduction of new specialisations. Currently, there are more than 10 specialisations that students can choose to pursue. But out of all the new PGDM specializations, the holy trinity of PGDM in Finance, Marketing, and Human Resources is still in demand and always will be.
In this blog, we'll go into each of these specialisations in detail, their importance, their important roles, and the reasons why companies need a combination of knowledge in all three areas to have a competitive edge and experience sustained growth.
The Essential Role of PGDM in Human Resources (HR)
The management of human resources is essential for forming company culture, developing talent, and increasing worker engagement and output. To complete these duties, HR professionals need not only technical skills but also good soft skills like communication and problem-solving skills during theirPG Diploma in HR.
HR topics covered in PGDM curriculum:
Compensation and Benefits
Cross Cultural Management
Labour Laws & Industrial Relations
Human Resource Information System
Talent Management & Development
Implementing both technical knowledge students learned during their PGDM course and managerial skills become proficient in handling a variety of HR tasks, including hiring, training, performance management, and employee relations.
The Essential Role of PGDM in Finance
Finance management is at the core of any organisation, no matter how large or small the organisation. It directs strategic decision-making and guarantees growth and stability in the financial system.
Finance topics covered in PGDM curriculum:
Managerial Economics
Financial Planning
Wealth Management
International Finance
Aspects of Taxation
Financial Risk Management
These topics taught during PGDM in Finance produce professionals that are essential to maximising shareholder value and optimising resource allocation, from capital allocation to budget planning. They also help to navigate financial markets, manage cash flows, and boost profitability.
The Essential Role of PGDM in Marketing
No matter how innovative or revolutionary your business idea is, it won’t become mainstream until and unless you have an effective and creative team of marketers. Brand awareness, customer engagement, and revenue generation all depend on marketing management. PGDM in Marketing professionals can create and implement marketing strategies, carry out market research, introduce new goods, and improve marketing campaigns.
Marketing topics covered in PGDM curriculum:
B2B Marketing
Customer Relationship Management
Digital Marketing
Consumer Behaviour
International Marketing
These topics help professionals create these creative marketing ads and camps. Marketing experts use digital marketing channels, social media, and data analytics to reach target audiences and increase sales, which benefits the company as a whole.
The Relationship Between Finance, Marketing, and HR
Despite their apparent differences in job descriptions and PGDM course syllabus, marketing, finance, and human resources are actually complementary and closely related fields.
HR specialists work with finance to make sure that talent investments lead to business performance by coordinating human capital plans with financial goals.
Similarly, marketing and finance collaborate to optimise marketing spend, measure marketing ROI, and allocate resources wisely.
Organisations can increase their efficiency, creativity, and competitiveness in the market by encouraging cooperation and synergy between various departments.
Conclusion
The core competencies of successful company management are HR, Finance, and Marketing, the three traditional and in-demand PGDM specializations. Every specialisation contributes to the organisation's overall performance by bringing distinct knowledge and viewpoints to the table. In today's fast-paced business world, firms can drive innovation, negotiate complexity, and achieve sustainable development by investing in individuals with a combination of HR, finance, and marketing capabilities.
If you are someone interested in pursuing a PGDM in either Marketing, Finance or HR, you have to check out Thakur Global Business School. They are one of the best PGDM offering colleges in Mumbai, with a world-class campus, experienced faculty members, and an annually updated curriculum. They also regularly organise activities like guest sessions, workshops, and certification programmes to help students gain insights outside of textbooks. Visit their website to learn more about their admission process and hostel facilities.
#PGDM specializations#PG Diploma in HR#PGDM in Finance#PGDM in Marketing#PGDM course syllabus#PGDM offering colleges
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#mitsde#distance learning#distance education#distance mba#distance learning mba#pgdm#pgdm course#distance courses#distancelearning#pgdm colleges#hrmanagement#hr management#hr services#hrm#hr#pgdm in human resource management#humanresourcemanagement#human capital management#pg diploma in hr#pgdm human resource management
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PG Diploma in HR: Elevate Your HR Skills at IPE India
The Post Graduate Diploma in Human Resource Management at IPE India is a comprehensive program designed to develop HR professionals. With a focus on practical skills and strategic HR knowledge, this PG diploma in HR equips students for successful careers in human resource management, fostering leadership and talent development.
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Unlocking Opportunities At N. L. Dalmia: A Gateway To Success
N. L. Dalmia Institute of Management Studies and Research (NLDIMSR), established in 1995, is one of Mumbai's most prestigious management institutes. Renowned for its academic excellence and state-of-the-art infrastructure, NLDIMSR continues to set benchmarks in business education. Whether you aspire to lead globally or specialize in a specific domain, the institute offers unparalleled opportunities.
Programs Tailored for Aspiring Leaders
NLDIMSR offers a variety of programs, including its flagship Post Graduate Diploma in Management (PGDM). Among its many specializations, PGDM in HR Management is particularly notable for its focus on developing strategic human resource leaders. With a curriculum designed to align with industry requirements, students gain insights into organizational behaviour, talent management and HR analytics, equipping them to tackle real-world challenges effectively.
For those aiming to make a mark on a global scale, NLDIMSR also offers the Global MBA in India in collaboration with international institutions. This program integrates global perspectives with local expertise, making graduates ready for diverse career paths across industries.
Placement Excellence
One of the standout features of NLDIMSR is its remarkable placement record. The institute boasts an impressive N. L. Dalmia Average Package, attracting leading companies like Deloitte, KPMG, Tata Capital and Amazon. This reflects not just the quality of education but also the institute’s strong industry connections and commitment to student success. The dedicated placement cell ensures that students are prepared to excel in competitive job markets, securing roles across domains such as finance, marketing, HR and business analytics.
State-of-the-Art Infrastructure
A unique highlight of NLDIMSR is its Bloomberg Lab, which is the largest standalone facility of its kind in South Asia. Housing 24 terminals, the lab provides students with real-time financial data and analytics, fostering practical learning experiences. Such infrastructure gives students a competitive edge in the ever-evolving business landscape.
Why Choose N. L. Dalmia?
The institute's holistic approach to education combines academic rigour with extracurricular activities, fostering well-rounded professionals. Regular workshops, seminars and interactions with industry experts further enhance the learning experience. Moreover, NLDIMSR’s focus on fostering a global mindset prepares students to excel in both domestic and international arenas.
Whether you aspire to pursue a Global MBA in India or specialize through the PGDM in HR Management, N. L. Dalmia Institute of Management Studies and Research is a beacon of opportunity. With a proven track record and cutting-edge resources, the institute empowers students to achieve their career aspirations while setting new standards in management education.
Conclusion
In the dynamic world of business education, N. L. Dalmia stands out as a leader, offering programs that blend academic excellence with practical exposure. With its robust placement support, modern facilities and diverse programs, NLDIMSR remains a top choice for aspiring management professionals. If you’re ready to embark on a transformative journey, N. L. Dalmia is the place to be.
#nl dalmia institute#nldimsr mumbai#nl dalmia pgdm#pgdm course#pgdm courses in mumbai#pg diploma in finance#nl dalmia placements#nl dalmia average package#PGDM in HR Management
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Why Pursue a Post Graduate Diploma in Management (PGDM)
In an era characterized by rapid technological advancements, globalization, and evolving business landscapes, pursuing higher education has become paramount for individuals aspiring to excel in their careers. Among the myriad of academic options available, a Post Graduate Diploma in Management (PGDM) emerges as a compelling choice for those seeking to enhance their managerial skills, expand their knowledge base, and accelerate their professional growth. Let's delve into why pursuing a PGDM can be instrumental in shaping a successful and fulfilling career trajectory...
#pgdm#post-graduate#pg#diploma-in-pgdm#specialization#CareerOpportunities#SkillsDevolopment#markeing#finance#HR#operations
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Are you looking for online HR certification courses? Your search ends at India's leading HR training organization - HR SPOT. Enroll now. For more enquiry please contact at +91 8335844414
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https://www.scribd.com/presentation/655611582/PG-Diploma-in-HR-Management-VJIM
https://vjim.edu.in/pgdm/ offers a comprehensive PG Diploma in HR Management program designed to equip you with the necessary skills and knowledge to succeed in the field of HR. Take the first step towards a rewarding career by enrolling today.
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Post Graduate Diploma in Banking and Finance - (TISS)
The Post Graduate Diploma in Banking and Finance offered by the Tata Institute of Social Sciences (TISS) is a specialized program designed to equip students with the knowledge. The program covers a range of topics, including banking operations, financial markets, risk management, and regulatory compliance. Students will have the opportunity to learn from experienced faculty members who have years of industry experience, and will also have access to practical training through internships and case studies.
#post graduate diploma in software engineering#pg diploma in computer applications#PG in HR#post graduate diploma in banking and finance#pg diploma in banking
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Why Digital HR Transformation is the need of the hour?
Every business strives to grow, and the best way to accelerate its growth is by going digital. Digitization has deeply impacted the marketing, finance, and various other departments of the business then how can the HR department be left? HR digital transformation must start with a shift in mindset. You must first convince yourself that a change is needed and worth the effort.
The following are the benefits of digital HR transformation:
There will be an increase in your value as an employee. Change leaders are always in demand.
It will provide you a workplace satisfaction as your work will give a positive impact on your company.
You will become proactive rather than reactive which reduces stress and improves outcomes.
Adapting to such changes often generates new opportunities.
Improved skills are key to success in any career and to personal growth, It will improve:
Communication
Relationship building
Problem-solving
Creative and strategic thinking
Teamwork
Organization and productivity
XLRI Delhi in association with Miles Education offers a PG Programme in Digital HR Transformation & People Analytics that would help HRs to become apt to a future workplace of agility, flexibility, and seamless employee experience.
So if you want to learn winning strategies for Digital HR transformation then check out Miles's website for more information.
#digital hr transformation course#pg courses for hr#hr courses online#diploma in human resource management#hrm courses in india
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What Are Some 1-Year After Graduation Courses Equivalent to GME?
The demand for industry ready professionals is on a continuous rise in contemporary times. The now known, 1 year course after graduation are increasingly becoming the go to option for individuals who seek specialised skills. Among these is a well-known course in Graduate Marine Engineering (GME), which are designed to transform academic knowledge into job ready expertise. Similarly, there are other linear programs that cater to various industries, providing a pathway to more attractive and lucrative career opportunities.
Why Opt for a 1-Year Course After Graduation?
A recent Linkedin report of 2024 that said that almost 75% of the recruiters' preferred candidates who had industry specific training along with their academic qualifications.
There are many short-term courses which offer you this kind of focused curriculum.
These 1-year courses after graduation enable you for quicker transition into professional roles without the time and financial commitments of longer programs.
There is a growing emphasis on such courses after graduation in today's India, for example, Skill India initiatives, under which almost 500 million skilled workers were to be included.
Best one-year courses after graduation equivalent to GME
Postgraduate Diploma in Management:
When we look at the placement rates for top tier institutions offering PGDM, it exceeds 90%.
The average salaries start with ₹8 to 12 lakh per annum.
They offer you specialisations in different areas, like finance, marketing, HR, which makes this as one of the best courses after graduation for aspiring managers.
Postgraduate Program in Data Science
It equips you with the statistical tools and programming language like python and R.
The global big data analytics market is projected to grow almost $103 billion by 2027.
This indicates to significant job opportunities coming forth.
Postgraduate Diploma in Risk management
This is one of the best courses after graduation that can help you pivot into the high-demand and diverse field of risk management.
A leading institute offering a 1-year PG Diploma in Risk Management is GRMI, Global Risk Management Institute that has a unique curriculum covering all facets of the risk domain – with subject such as Data Privacy, FRM, Third-party risk management, ESG etc.
The program holds a 97% placement track record and the alumni work in various job roles such as consulting, internal audit, compliance, due diligence, esg reporting, risk advisory etc.
With an average CTC of INR 9.5 LPA, GRMI’s graduates are making big strides in the world of risk.
They are currently open for admissions call 09910939240 for more details!
Postgraduate Diploma in Digital Marketing
It covers areas like SEO, PPC and social media marketing.
These areas are considered as essential for online business growth. as per NASSCOM.
The digital marketing jobs are expected to grow by 30% annually.
The starting salaries range from ₹3,00,000 to ₹6,00,000.
Postgraduate Diploma in Logistics and Supply Chain Management
It is focused on logistics and operations role.
It is a field where India's market is expected to grow by 10% annually.
If you graduate from such programs, then you can get a salary of 4-8 lakhs initially.
Conclusion
If you want to fast track your career and get more opportunities in this competitive job market, then you should consider these courses as just discussed above. Opting for these 1 year courses after graduation can provide you with practical skills & knowledge and also secure a stable job for you. You can look at the courses as offered by GRMI, such as risk management programme or can also go for diplomas in AI and financial analysis. All of these fields are growing in importance in the current industries! For more on the PGDRM programme offered by GRMI call 09910939240 to connect with their admissions team.
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Post Graduation Diploma In Human Resource Management — Complete Details
#Post Graduation#Human Resource Management#Post Graduation Diploma In Human Resource Management#pg in hr#pgdm in HR
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Why a PG Diploma in HR is the Perfect Career Move
In the dynamic world of business, human resources (HR) plays a pivotal role in shaping organisational success. As businesses evolve, so do the demands on HR professionals. Pursuing a Post Graduate Diploma in Management (PGDM) in HR can be a transformative step towards enhancing your skills and staying abreast of the latest trends in the field. This blog will delve into the key aspects of a PGDM in HR, exploring its benefits, course details, and the top colleges in Mumbai offering this programme.
Understanding PGDM in HR
A PG diploma in HR is designed to equip students with the knowledge and skills required to manage the human capital of an organisation effectively. Unlike traditional MBA programmes, a PGDM offers a more industry-oriented curriculum, blending theoretical knowledge with practical applications.
Benefits of Pursuing a PGDM in HR
Pursuing a PGDM in HR and an MBA in HR are both valuable paths for individuals aspiring to build a career in human resource management. While the two programmes share similarities, there are distinct benefits associated with pursuing a PGDM in HR in comparison to an MBA in HR. Here are some key advantages:
Focus on Practical Skills: PGDM programmes often have a more practical and industry-oriented approach.
Industry-Relevant Curriculum: PGDM programmes are known for their ability to adapt quickly to changes in industry trends.
Specialised Electives: PGDM programmes may offer a more specialised set of electives in HR, allowing students to delve deeper into specific areas such as talent management, employee relations, or organisational behaviour.
Experiential Learning Opportunities: Many PGDM programmes emphasise experiential learning through internships, case studies, and industry projects.
Quicker Completion: PGDM programmes typically have a shorter duration compared to traditional MBA programmes. This means that students can enter the workforce sooner and start applying their HR knowledge in a practical setting.
Both PGDM in HR and MBA in HR have their merits, but the benefits associated with a PGDM often lie in its practical orientation, industry relevance, and the specialised skills it imparts, making graduates well-prepared for the challenges of the dynamic field of human resource management.
PGDM HR Course Details
Core Management Subjects: PGDM in HR course details typically cover core management subjects such as organisational behaviour, strategic management, and business ethics. These lay the foundation for a holistic understanding of business operations.
Specialised HR Courses: Specialisation courses in HR, specifically focused on HR Information Systems (HRIS) and HR Analytics, equip professionals with cutting-edge skills to navigate the evolving landscape of human resources.
HRIS courses delve into the efficient management of HR data, leveraging technology for streamlined processes.
On the other hand, HR analytics courses empower practitioners to harness data-driven insights, enhancing decision-making in areas such as talent acquisition, employee engagement, and performance optimisation.
These specialised courses are instrumental in preparing HR professionals for the demands of a data-driven and technologically advanced workplace.
Practical Training: Many PGDM programmes incorporate practical training through internships, industry projects, and case studies. This hands-on experience allows students to apply theoretical knowledge to real-world HR scenarios.
Soft Skills Development: Effective communication, leadership, and interpersonal skills are crucial for HR professionals. PGDM in HR programmes often includes modules focusing on the development of these soft skills.
Legal and Ethical Aspects: Understanding the legal and ethical aspects of HR is imperative. Courses in labour laws, HR policies, and ethical considerations help students navigate complex HR challenges responsibly.
Top PGDM in HR College in Mumbai
Let us explore the top PGDM in HR college in Mumbai, where academic excellence meets industry relevance in shaping the next generation of HR leaders:
Thakur Global Business School: TGBS Mumbai Thakur Global Business School (TGBS), managed by Zagdu Singh Charitable Trust (ZCT). Post Graduate Diploma in Management (PGDM) is TGBS’s 2-year flagship programme approved by AICTE, DTE, and the Govt. of Maharashtra. It is designed to impart knowledge to learners from diverse backgrounds to mould them into mindful leaders ready to take on the challenges in the VUCA world and manage in a global dimension.
Key features of TGBS
Innovative teaching and learning process
TGBS TOOL KIT (TTK) facility
Curated Management education to cater to the VUCA (Volatile Uncertain Complex Ambiguous) World
Highly educated and experienced faculty
Committed to Nourish & Nurture Mindful Leaders
Training & Placement
500+ recruiters visit campus every year
Alumni
Robust network of registered 3000+ Institute Alumni
Conclusion
In the competitive world of HR, staying ahead of the curve is essential. A PG diploma in HR not only adds a prestigious qualification to your resume but also equips you with the skills necessary to navigate the complex challenges of human resource management. As you explore your options, consider the top colleges in Mumbai, such as TGBS Mumbai, offering PGDM in HR, and take the first step towards levelling up your HR skills and advancing your career.
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Distance PG Diploma in Human Resource Management | HR PG Courses Online
The two-year Post Graduate Diploma in Business Administration (PGDBA) with a focus on Human Resources is a comprehensive program that provides students with in-depth knowledge and practical abilities in HR administration. This course covers the fundamentals of Human Resource Management (HRM), such as recruitment, employee interactions, performance management, organizational behavior, and strategic HR planning.
The program incorporates worldwide best practices and is given by industry experts, ensuring that students learn about the most recent trends and issues in the HR field. The emphasis is on developing critical thinking, leadership talents, and effective communication skills, which are essential for managing and cultivating talent in various professional situations.
The program also incorporates hands-on learning experiences including case studies, group projects, and internships, which allow students to apply their knowledge in real-world situations. With a strong emphasis on career progression, the course provides 100% placement support, linking graduates with top firms and organizations across all industries.
This program is perfect for aspiring HR professionals who want to have a successful career managing human resources and strategically contributing to corporate progress. Whether you're a recent graduate or a working professional who wants to specialize in human resources, this course will offer you with the knowledge and support you need to succeed in this dynamic area.
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Top 10 Job-Oriented Courses After Graduation to Boost Your Career
Completing an under graduation could be one of the biggest academic milestones. While it is an accomplishment it also comes with uncertainty, we have to start considering what to do next. We have to start looking at options that could boost our employability and what can be done to be job-ready? The answer to this is job oriented courses after graduation. They can be a ticket to specialized skills and a rewarding career.
In this blog, we will explore how job oriented courses after graduation can set you up for success.
Why should you go for job oriented courses after graduation?
In today's world market employers are looking to recruit specialised-skilled professionals over professionals who hold a conventional degree. Moreover, the degree you have would matter less over the practical skills you have a demand over. A traditional degree is often theory-focused and lacks a practical approach. Job oriented courses after graduation bridges this theory-practice gap, making graduates learn according to industry needs so that they are immediately employable. The reasons why they are worth your time are:
Practical knowledge: these courses impart practical knowledge that employers demand in today's job economy.
Less time consuming: Contrary to traditional postgraduate, job oriented courses after graduation are a duration of 6 months to 1 year duration. They are short yet comprehensive.
Focused specialization: They are targeted to build expertise in a specific niche.
Career advancement: These courses are ideal for fresh graduates and professionals who are looking to upskill or to switch careers
Top 10 job oriented courses after graduation that can propel your career to new heights:
These are some of the most demanded career fields according to today's economic landscape which is highly volatile and constantly evolving:
Postgraduate Diploma in Risk Management (PGDRM)
Postgraduate Diploma in Business Analytics
Certification in Digital Marketing
Diploma in Financial Planning and Wealth Management
Diploma in International Trade and Business
Diploma in International Taxation
Postgraduate Diploma in Health and Safety management
Diploma in Human Resource Management
Certification in Artificial Intelligence and Machine Learning
Certification in Cyber security
In this world, specialization dominates the job market. These postgraduate diploma courses and certifications have become the golden ticket for career advancement. Courses like the PG diploma in business analytics, financial planning and wealth management, international trade, business, and taxation which particularly attract CAs, equip graduates with data-driven and decision-making expertise.
Tech enthusiasts are interested in Courses like cyber security, artificial intelligence, and machine learning. These courses are being highly demanded as the world is becoming more and more digitalized.
The diploma in human resource management makes you fit for a versatile role like HR manager which is common to all industries.
As marketing is becoming more and more social media-centric, digital marketing is becoming an increasing force, skilled individuals in this domain are hired to promote an organizations products and services via various social media platforms.
Among all these, the Postgraduate Diploma in Risk Management offered by the Global Risk Management Institute Gurgaon stands out, it offers global relevance and practical insights that can boost your career in the risk management field. Open to graduates and working professionals from any stream along with 50% graduate score and an interest in risk management. Moreover, the institute has recognized the need for a more accessible eligibility and hence, have no entrance exam score or competitive exam scores requirement. For more information call 09910939240.
Some stand-out features of this course are:
Future-ready skills
1-year on campus program
85% alumni have interned in the Big4
Past recruiters include Accenture, EY, Big4, Titan, KPMG etc.
Industry-expert and risk professionals' faculty
Strong placement support
Strong connections
Industry relevant and evolving curriculum
Conclusion
With so many options available for job oriented courses after graduation, you have to make the right choice. Among the myriad options, GRMI’s PGDRM shines as a beacon of opportunity. Don't follow the crowd, assess what ‘s the best for you. Take charge of your future by enrolling in PGDRM by GRMI: a course that is designed to unlock a treasure of success. For more details on the course prospects, admission and intake call 09910939240.
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