As the MBA course started in 1908, it has generated various alternatives. These often feature minor variations related to course length or specialisms, but the most notable – the executive MBA (EMBA) – is an appreciably different degree to the traditional MBA. It pays, consequently, to think precisely about whether an Executive MBA or MBA is the best choice for your goals and needs.
Many business institutes propose an option between the 2 degrees, so you have to choose before you apply. Some Business Schools offers a Global Executive MBA, and also standard executive MBA degree in local language and English, alongside usual full-time & part-time MBA courses. So, how do you pick which course you must apply for? Let’s check out and discuss some of the key considerations and differences, in order to assist you make some informed option. Why both degrees could be valuable: As a result, people may find getting both an Executive MBA and MBA useful. At the very least, they must recognize the Executive MBA as the quality course which could help boost the career. Now, we have the QS Executive MBA Rankings of last year. In researching the rankings, we found insight into how this Executive MBA is distinguishing itself from the more famous MBA courses. Flexibility: For beginners, it’s becoming more convenient, as part of a shift to make it more appealing for working professionals, who might also be shuffling in family life. Normally, there is adaptability in the time it takes students to achieve the degree, and 2 out of 3 courses gave candidates an option about a specialized course. Peer-to-peer learning: All MBA courses are notable as students gain as much from each other as they do from guest lecturers and professors. Eventually, everyone comes in with some experience to begin. Though, Executive MBA candidates have been working as much as ten years or more. They have all showcased leadership & hold senior posts. Getting what they have learned & achieved to the table is invaluable. Few courses could boast such teachers in the candidates. A focused approach: While specialization is growing more with a possibility at Executive MBA courses, it persists more focused on core education than the MBA. Most Executive MBA courses gloss over the basics, so established professionals could dig into skills and theories they could most instantly apply to the work. The theory is they are more experienced than the MBA equivalents, so they could instantly move onto more high-level subject matters. Education in innovation: At some business schools, innovation is preference. Just have a quick scan of some good colleges Executive MBA brochure. One of the objectives for former students is to leave at the cutting edge of their field. Business people now have to get data analytics & how it connects to strategic planning & how modern technologies, like artificial intelligence (AI), are upsetting industries at a quick rate. Going back to school helps executives better hold what’s happening in the office right now. It is specifically required for former executives who didn’t receive any of this study back when they really got the MBA. Career help: Back in the time Executive MBA candidates normally wish for a raise and promotion at the organization for which they were already working. It still occurs today, but now there are more Executive MBA candidates are paying by their side or having scholarships from the institute, they aren’t really using all they get for current organization. It results as they like more support with career planning and networking from the business institute. For example, Some Executive MBA institutes instantly boast of how the course could boost the career by expanding the network. It could be one of the first few things they want from their program. Some offer executive career learning for Executive MBA candidates, with customized advising, speakers related to careers and workshops & coaching on building the network & cultivating relationships. Apparently, it is not your father’s course of Executive MBA. Entry requirements: One of the initial things to consider is what kind of person every course is looking for. MBA courses are prepared for high-achieving students with some experience of work under their belts, who like to move into business management or administration as a long-time career plan. Most MBA programs, henceforth, utilize the GMAT as an extra sifts on students who might otherwise boast broadly in same levels of accomplishment. Executive MBA programs, on the other way, are outlined for business administrators and experienced managers who wish to have the step up into executive leadership. Hostile to common belief, neither degree is a surefire path to the boardroom – both give benefits, but the option based on where you are in the career. To opt for an Executive MBA course, henceforth, you would rarely be needed to have the GMAT. And, you would be required to display a broad variety of business experience, with a variety of acquired knowledge and skills. Study pattern: As part-time choices are available, most typical MBA programs are full-time ones. These are meant for those looking to finish the decisive phase of the study before Executive MBA takes you on a high-level career in the business. It is considered as the average age of MBA students, with Business institutes’ full-time International MBA claiming an average age of 29 or 30 for the part-time Global MBA course. Both of these programs concentrate on business training and general management, coupled with personal specialism via electives, letting candidates make their own course to suit the career plans. In comparison with this, Executive MBA programs are less diversified. The large majority of colleges only give the Executive MBA as a part-time program, with the belief that most candidates would be working a moderately taxing career at the same time. It is reflected in the average age of candidates, that is 34 for the Business School Executive MBA, and 39 for the Global Executive MBA. So, you can go for either of them as per your career path.
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The PG courses in management and marketing are one highly sought after program by both the students and the corporate in recent times. The PG courses in marketing investigate the fundamental approaches to know the markets and the portfolios of the product offering. Identifying the target markets, products development and market observation are some different attributes of the module available through the Hybrid learning mode. Thus, before you take the specialization students need to know the scope of the PG courses in Marketing and the career opportunities they will expect.
The scope of PG courses in marketing: You may have many career opportunities when pursuing PG courses in marketing. It’s obvious because marketing can be the broad conception. There’re different avenues for the marketing students everywhere mainly in the developed states such as Mumbai, Hyderabad, Bangalore, Chennai, and Delhi. One will have many job opportunities anywhere after the PG courses in management and marketing. There are five main career choices in PG courses in Marketing all along with the pay scale: Sales manager: They are responsible for the sales manager and they will be responsible for leading & guiding their team of the salespeople in the company. They set the salary goals and quotas, build the sales plan, check the data, assign the sales training as well as sales territories, mentor members of their sales team as well as being involved in hiring & firing process. Pay scale:
Brand manager: Brand promotions and building are two important aspects of PG courses in marketing. The brand manager is totally responsible for the activities such as media engagement, advertising, display of brand at target places, promotions, and more and it is the dynamic field unlike, monotonous, sales, and hectic. In short, it’s the brand manager responsible for creating a positive image of any product among their audience. Being the brand manager can keep you on toes and enable your inventive fruits to show. Pay scale:
Market research analysis: The market research analyst will work in the media, entertainment, retail, FMCG and more. One needs to analyze the current market and trends patterns and to work according to the current trends. You have to help to build the PG courses in marketing strategies. You also have to design different surveys & research methodologies to collect information. Suppose you have the analytical mindset as well as interested in the research, then it is highly appropriate for you. Pay scale:
Public relations manager: The role of the public relation manager will be managing information between an organization & public. The promotion manager should protect and enhance the name of their organization by media. They need to analyze an organization’s culture and background and ensure there are no doubts among the people. The PR manager needs to switch between the multiple projects at the same time. the job involves lots of traveling. However, you can’t ignore the rewards and pay it will offer you. Pay scale:
Assistant Finance Manager The job of the assistant finance manager will be maintaining the financial stability of the business or company. They generally work directly under the company’s financial manager as well as help to analyze and improve the company’s financial standing. Also, they need to keep the check on the financial reports as well as keep this updated. The reports must be right and all the transactions should get accounted for. They must be detail oriented as well as identify the small error. In order, to get in the field a person should have the bachelor’s degree in the finance and related field, and they must have the master’s degree as several companies would like to hire the students finished their masters. An average salary for the Assistant Finance Manager will be Rs 647,820 a year. Basic skills needed for the job are Financial Modelling, Business Analysis, Forecasting, Budgeting, and SAP, Controlling and SAP Financial Accounting. Valuable Electives Programs- The college and university offer the industry integrated PG courses syllabus that is directed toward the overall development of the students with good flexibility to select from various combinations. In order, to make the students industry-ready as well as give them specific or in-depth knowledge, some colleges offer electives program. It is approved by AICTE, and initiative adds a little value to your existing PG courses. The PG courses with the sectoral electives as the choice will give clarity in the terms of the career objectives. PGDM in Agri-Business and Rural, PGDM in Healthcare and Pharma, PGDM in Hospitality and Tourism, PGDM in Insurance and Banking are some options that are offered. Corporate Ready structure – PG Courses offers the holistic curriculum, which aims to prepare the students for these challenges as well as roadblocks in the real business world. Also, not restricting to the classroom-based academic lectures; PG courses offer exposure to the real world challenges and will encourage the out-of-box-ideas with the edge of the innovative brilliance. It prepares the students to solve an important business problem with an ideal approach and thorough understanding of the corporate world dynamics. Opportunities- The business management programs aligned with the implementation of the right knowledge in the real-world scenarios will give students good confidence. Placement cell offers a lot of opportunities to the students to get the best-salaried & highly challenging employment in the business world. The PG courses are made for the performance-based evaluation, which prepares students to develop & harbor go-getter, and risk-taking attitude, and having a good impact on their career. |
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September 2019
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