The advent of the internet has broken many a myth that was otherwise rather prevalent. In the sphere of MBA, you can be misguided if you rely on such internet myths. Fret not—we are here to break down the most prevalent MBA admission myths. Here are 3 of them.
The most common misconception that people have is associating MBA with core business only. Business school is, in fact, a lot more. Not only does it inculcate and develop skills that you will need in any walk of life, but MBA admissions train you for a lot more.
For instance, if you enrol for MBA in operations, you will not only deal with titbits related to planning, supervising production and manufacturing but also with managing the intricacies of the supply chain.
The list doesn’t end here. MBA in banking and financial services prepares you to understand the depths of accounts more than the production itself per se. On the other hand, an MBA in Human Resource Management trains you to develop skills which you can use to filter in more appropriate candidates for a particular job.
You need to understand that the sphere of MBA is rather vast. The sum of the units is what makes for a great candidate. We’d go as far as saying that in today’s times of versatility, being a jack of most trades may just come in handy.
One look at this prospective study and you will see how few MBA candidates come from a business background. In fact, considering how diverse modern portfolios are, MBA candidates may actually benefit more if they have a different background.
Even before your semester starts, you will be trained from scratch. Rest assured; you will not feel out of place if you don’t come from a business background. To make things even better, MBA courses will put you through a lot of industry training.
Even if you don’t come from a business background, these ground-level experiences will enhance your overall perception of how your specific industry works. Do you need a business background to understand business? Absolutely not!
This one is a bit tricky. We can agree that business schools have a higher asking price when it comes to tuition fees. This is more so when compared with its course counterparts. But is it really unaffordable? If you look at the grander scheme of things, perhaps not.
This is where the idea of Return on Investment comes into play. Sure, the premier institutes may charge up to 20-25Lakh INR for their MBA courses, but the ROI is massive too. The salary packages for the brighter candidates can range anywhere north of their admission fees too! Once you enrol in a business school and brush up on your skills and stay consistent, you will be able to afford to ignore all the myths surrounding MBA admissions!
Aspiring MBA candidates can learn a lot from Lord Rama's life and teachings. It's crucial to keep these lessons in mind if you intend to enrol in an MBA program. You can develop the abilities and traits required to succeed as a leader in business by incorporating these lessons into your life. Here are 7 life lessons from Lord Rama that all MBA aspirants can learn from.
Cross-cultural management is a critical aspect of modern business in Mumbai, a city renowned for its diversity and multiculturalism. The city's global reputation as a centre of commerce and industry attracts professionals from various countries, backgrounds, and cultures. As such, businesses in Mumbai need to understand and adapt to cultural differences to succeed. In this blog, we will discuss the effectiveness of cross-cultural management in Mumbai and the benefits it brings to businesses.
As an MBA aspirant, you might be focused on getting into the best business school and securing a lucrative job after graduation. However, it's essential to remember that learning and development do not end with a degree. Continuous learning and development are crucial for MBA aspirants to succeed in their careers, and in this blog post, we'll explore why.
India is a country where women have long been fighting against social and economic barriers. Despite these challenges, many women have risen to become successful entrepreneurs and executives in India's business world. On International Women's Day, let's take a look at some of these inspiring women who have broken through the glass ceiling and made a mark in their respective industries.
Being a successful manager in today's fast-paced corporate world necessitates a distinct set of talents and competencies. These talents enable managers to not only do their jobs effectively, but also to lead their teams to success and propel their organisations ahead. If you want to be a manager, you should understand the most critical abilities you'll need to succeed.
Mukesh Ambani recently said that India can become a $ 40 trillion economy by 2047. For his conglomerate he unveiled mega investment plans totaling $ 2.75 trillion and outlined a succession plan, positioning the conglomerate for its next growth phase to double the group’s value by 2027. Ambani has also said the company would invest ₹75,000 crore in its O2C business over the next five years to set up India’s first carbon fibre factory and to add capacity in other areas such as polyester and vinyl. The group is also looking to accelerate its commitment to invest 75,000 crore towards establishing a fully integrated new energy manufacturing ecosystem in Jamnagar.
The pandemic of COVID-19 has hastened the trend of remote work, with many firms embracing virtual collaboration to ensure business continuity. This transformation has far-reaching ramifications for the future of employment and how companies operate. In this article, we look at how distant teams and virtual collaboration are affecting the future of work. As PGDM students it's crucial to understand the impact of remote teams and virtual collaboration on the future of work.
Every year on January 26, Indian Republic Day commemorates the passage of the Indian Constitution and the country's transformation from a British Dominion to a republic. The day is considered a significant moment in the modern history of the world’s largest democracy that witnessed the transfer of power from the British monarchy to the Indian people. But what significance does this day still have in the corporate world of today?
The globalisation of business has created both possibilities and challenges for managers all across the world, including India. Indian managers are increasingly being called upon to handle the complicated and dynamic business landscape that develops when Indian companies expand their operations abroad and foreign corporations enter the Indian market. In this blog post, we will look at some of the major issues that Indian managers face in a globalised company environment, as well as potential solutions.
You must be wondering what makes most students choose a IES’s PGDM course and why it is lucrative. We have an answer for that. The PGDM degree helps you widen your career in various industries and bring home your desired salary. And when it comes to the best PGDM institutes in Mumbai, people usually look no further. IES is one of the top PGDM colleges in Mumbai, known for its PGDM equivalent to MBA course. Apart from the efficient and world-class curriculum, the college also teaches one to lead their companies from the orientation day. Here are some of the essential skills the college teaches for students to come out with flying colors.
Become a part of this HR revolution at IESMCRC; a college known to offer one of the best PGDM Human Resource courses. As per a BCG article, 61% of the populace feels that comprehensive trends are affecting their job, and it will continue to do so. This sense of need to change or, in a way, finding passion has significantly been there across India.
As the business world evolves, the role of technology and innovation in PGDM programs becomes increasingly significant. These programs, which are available at institutions such as Mumbai's IES’s Management College and Research Centre, are designed to train future business leaders for the difficulties and opportunities of the modern market.
We are inching slowly towards the end of the decade that merely just started—tempus fugit! Over the course of the past few years, we have seen a lot of changes in both lifestyle and career—new work options (from home!) and new career pathways opening up (the era of live streaming!). However, if you still have to pick a solid, safe, and secure pursuit, which is also lucrative, a PGDM degree is your way to go! It has stood the test of time, and here are 5 reasons why you can still pursue the PGDM program in 2023!
As someone who has envisioned learning about the financial ways of the world, I realised earlier on in life that the PGDM course was my calling. I have understood my potential from a very ripe age, but finding the right direction was the most important part of my budding career. Thankfully, the best PGDM college in the form of IES MCRC emerged in my life—and things have never been the same, for the better.
A conglomeration of powerful nations, comprising about two-thirds of the world’s population, 85 percent of the global output, and 75 percent of world trade. The G20 Summit is one of the most pivotal events to take place on a geopolitical basis. However, 2022 is different from other years, both from a national standpoint as well as a global one. Why? Find out why the world should pay attention to the G20 Summit, 2022, below.
In this tender age, it is normal to keep figuring out career options. Personally, we suggest you to understand your traits and strong points, and then choose career options that fit best within it.
You may have heard the maxim—what after engineering? As you have seen, people tend to flock toward the MBA route. While the idea is mostly passed in a comical sense, there is a lot more to it. You probably are not aware, but here are 4 reasons why an MBA after engineering is a smarter career option than you can think.
The Ramayana has not only taught us ways of life, but it has, on most occasions, giving us a reason to seek victory over evil. Let’s take an interesting twist on it—have you realized that such texts may just also have management tips, if you read between the lines a bit?
Humans as we are, we seek certainty. Be it in life or its intricate moments, a sense of certainty is all we need to walk ahead in life. Your post grad course is no different. Considering the fact that it is a speciality course, you ideally should not enter it if the certainties don’t look healthy.
In this day and age of the ever-competitive MBA market, you have to develop skills that will make you stand out. In order to make yourself more employable, you will need to assess whether you are the right fit. What are those? Before you step into the best college for MBA, here are some skills that you must wear.
With the delay in the CET exams, there are obvious implications that will follow. What are those? How does it affect you? What can you do to bypass them? All that and more, here.
With registration dates for CAT knocking on the door, the obvious question thus arises—is MBA beyond IIMs worth it? With the severe dearth in placement calls and massive crunch of jobs, is all this hassle worth anything? Here is all you need to know.
There is no doubt regarding the negative impact of climate change on today’s generation. The world is in dire need of management, people who can take charge and strive to make solid changes. The question thus stands—how can management students bring change to tackle the climate change crisis?
Getting into our PGDM course is just a start, the road gets a lot bumpier with time. In order to ensure that your PGDM programme is smooth in the long-term, it becomes important for you to boost productivity by the day. How do you do that? Here is all you need to know.
The Indian youth is fearless. The Indian youth is influential. The Indian Youth is the epitome of leadership and management. Be it through core experience, or through esteemed PGDM courses, the Indian Youth has certainly taught the world a thing or two about management. What are those? Let’s find out.
You have already embarked upon a once-in-a-lifetime journey. After having enrolled for the PGDM course, you have made sure that your life is a memorable and noble one indeed. The next two years are going to be the best ones of this decade, we can assure you.
In order to understand your true potential, it is imperative that you are pushed to your limits. But talent without direction is pointless too. The best course of action here? Being guided by experts and veterans when it comes to career-building, especially when it comes to the always-on-demand managerial markets.
In today’s times, establishing a business is a game of chance. With the ever-growing competitive space, simply standing out doesn’t cut it. The case is more so if you are leading a family business. In the blink of an eye, all the generational work can be undone. Do you wish to avoid it? Keep these in mind—here is how you lead a family business.
In this era where the line between saturating and upcoming industries is becoming thinner by the day, upping the ante is the need of the hour. While learning the art of management itself is no less than sessions of constant brainstorming to seek solutions, one needs the best resources to take one’s management skills to the next level.
It is quite possible that your GPAT results weren’t up to the mark, or you missed it altogether. Does that stop you in any way? Considering how the pharmaceutical industry values the managerial talent, are you willing to take bigger leaps?
With the advent of fresh admissions around the block, you are one step closer to the ideal dream of pursuing the best PGDM course. There is only one issue—timing, or lack thereof. Most of the reputed colleges close their admission window by the dusk of August, or perhaps into the dawn of September.
Your career will definitely escalate after completing the PGDM course. Whether you want to switch your career or try to grow within your current industry, this course can help you reach heights. Find out how a post graduate programme in management can be your career enhancer.
Thinking about what you will actually do during the first year of your PGDM course and how will you maximize that year at the b-school? Well, here are a few tips that will definitely help you.
IES Management College is one of the top rated b-schools in Mumbai. It was ranked 7th best b-school in Mumbai by MBAUniverse and 8th by The Week. And the same ranking reflects in their placements as well. Recently placement season for the batch 2020-22 concluded and as always IES MCRC received placement offers from various renowned and top companies.
An industry which did not give up during the pandemic was the Pharma Industry. Instead, it flourished as there were new innovations and better technology was used. Considering this, it can be said that a PGDM in Pharmaceutical Management will be the perfect career choice for Pharma aspirants going forward.
Applicants of b-schools in Mumbai are generally of a young age. However, there are many applicants who decide to pursue an MBA degree in their early 30s. This has become a common scenario these days as the working force wants to study more and acquire the necessary skills. An MBA qualification has become a prerequisite for majority of the posts. If you’re an older PGDM/MBA applicant, these tips will definitely help you.
Candidates pursuing a PGDM course usually struggle while making a choice between full-time and part-time PGDM/MBA. These two have certain common features but are different in most of the aspects. Hence one needs to consider all the pros and cons of both the programs before taking any decision.
Most candidates pursue PGDM only after proper research and planning. Doing a full-time PGDM from the best management colleges in Mumbai can cost you around 12 - 15 lakh. This makes PGDM a course that is not easily accessible by all. Also, there are various aspects considered before getting the PGDM college admission. Thus, one needs to be absolutely sure about this course prior to taking any further decision.
Interviews play a crucial role in getting admission in MBA colleges in Mumbai. Having a great academic score and impressive work experience is of no use if you aren’t able to crack the interview. Here are a few tips and tricks that will help you to ace the interview process and get selected into the top b-schools in Mumbai
Lately, the University Grants Commission (UGC) announced that it is putting an end to the mandatory PhD requirement for teaching in the central universities. This means that experts in the fields of engineering, communications, policy, and many more will be allowed to teach in the universities even if they aren’t a PhD holder or a qualifier of the National Eligibility Test (NET).
The Maharashtra State Common Entrance Test Cell has started the process of registration for admissions to Post Graduate Degree Courses in Management (MBA/MMS) for the academic year 2022-24. The registration process has begun for MAH MBA/MMS CET, an online computer-based test.
There is no doubt that 2020 and 2021 were the toughest years for all of us. Numerous people across countries lost their jobs, many worked with half pays and there were hardly any people whose income remained unaltered during this pandemic.
Every organization needs competent management professionals to spearhead most of its operations. Passed out students of the best management colleges need to work on their skill sets and competencies to reach the top managerial positions.
One of the main questions that haunts the mind of a candidate aspiring a management degree is whether to pursue an MBA course or PGDM course. This is when it’s necessary to understand the major difference between the two.
The introduction of several technologies and innovations have brought some vital changes inthe various industries in India. The Pharma Industry is also not unimpaired of these transformations.
Mumbai, the financial capital of our country is a one of the best cities to pursue your MBA dreams. Plenty of MBA colleges in Mumbai offer high quality education, experienced faculties and top placements.
Considering the growing demand for management graduates in the job market, pursuing a PGDM/MBA degree has become one of the most lucrative career options.
There is no doubt that 2020 was the toughest year for all people. Numerous people across countries have lost their jobs, many worked with half pays and there was only a few whose income has not suffered during this pandemic.
The pharmaceutical industry is focused on the discovery, development, manufacturing and marketing of new and better medicines.
I Just thought of writing this today because this question which I’m going to discuss in this article is getting asked to me by lot of students/Juniors/Friends and my Colleagues since last few weeks, mostly those who have just started their MBA journey or corporate career and those who are beginners/people from vernacular mediums.