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What can you do with PGCP in Management?

Key takeaways:

  • PGCP in business Management is a course that will help you gain a deeper understanding of management. You’ll learn how to apply the principles of management in your own life and work.
  • In this course, you will understand what it means to be a manager and what it takes to manage others successfully. You’ll also learn how to create a vision for your organisation and turn your ideas into actionable plans. This makes you a leader—someone who can make things happen!
  • In addition, you will learn how to manage change effectively by developing a plan for dealing with unexpected events and motivating people toward achieving goals. The course will also cover ethics in management, including conflict resolution and how to evaluate yourself as a manager.

The PGCP in business management program has a lot to offer students interested in pursuing a career in business. The program covers everything from accounting and finance to statistics and marketing, allowing you to pursue your interests through electives. 

With this degree, you’ll be prepared to take on any role in the field—from junior accountant to senior financial analyst to CEO. You’ll also have an edge regarding promotions or job applications because you’ll know what’s expected of you in any position.

If you’re interested in pursuing a career in management but don’t have time for an MBA or other postgraduate degree programme, PGCP in management may be a great option. It provides the same education as an MBA but takes less time.

What is PGCP in management?

A postgraduate certificate course in business management can significantly increase your chances of landing an entry-level business management job. The course will prepare you for a career as a business manager or executive, and it can also help you move up the ladder if you’re already working in the field.

What makes a PGCP in management so valuable? It’s a unique form of education that allows you to learn at your own pace while still receiving the guidance and support of an instructor. You’ll have access to course materials and can connect with other students through various social media platforms. The certificate course in business management will also provide you with hands-on experience by giving you real-world situations that require problem-solving and critical thinking skills. The duration of these programmes varies, but most take about two years to complete. 

This programme is online to give you all the benefits of attending class in person without requiring you to do so full-time. Many choose this option because it allows them to continue working while studying at night or on weekends.

Careers with a certificate in business management

Career PositionsStarting salary 
Business ConsultantINR 2.6 LPA
Business AnalystINR 3 LPA
Data AnalystINR 1.9 LPA
Project ManagerINR 5 LPA
Operations ManagerINR 9 LPA
Risk ManagerINR 13 LPA
Operations Research AnalystINR 5,9 LPA 
Management AnalystINR 10.5 LPA
Product ManagerINR 5 LPA

Source: AmbitionBox & Glassdoor

PGCP in Management scope: What jobs you can get with a business management certificate

  • Business Consultant

A business consultant helps businesses identify and solve problems and improve their performance. They work with small and large companies alike.

Business consultants don’t have to be experts on a given topic; they’re trained to identify problems in business operations, analyse them, and create solutions. This can mean working in finance, marketing, information technology (IT), human resources (HR), sales, operations, or strategy. The starting salary of a business consultant is INR 2.6 LPA.

  • Business Analyst

Business analysts use their knowledge of business processes to help companies make decisions about how they operate and improve their efficiency. They may also help companies develop software applications used by employees or customers. The starting salary of a business analyst is INR 3 LPA LPA.

  • Data Analyst

Data analysts are responsible for analysing large amounts of data and turning it into helpful information for their organisations. They usually work with specific data types like customer information or product sales figures to help businesses make better decisions about operating and growing their bottom line. The starting salary for a data analyst is INR 1.9 LPA.

  • Project Manager

A project manager is responsible for planning and organising the resources necessary to complete a specific project. This can include managing teams, planning timelines and budgets, and ensuring that all tasks are completed within the allotted time frame. Project managers generally work in an office but may need to travel for large projects. The starting salary of a project manager is INR 5 LPA.

  • Operations Manager

An operations manager oversees the day-to-day operations of a company or department. They are responsible for supervising employees and ensuring that they are working efficiently. Operations managers also monitor budgets, make sure that products are being made correctly, and effectively manage supply chains. The average salary for an operations manager is INR 9 LPA.

  • Risk Manager

A risk manager identifies potential risks to an organisation’s mission or operations and develops plans to minimise these risks. Risk managers work with executives at companies to identify potential dangers that could impact the company negatively and make recommendations about how these threats can be avoided or mitigated by taking action such as appointing a security team or moving certain assets out of harm’s way. The average salary of a risk manager is Rs. 13,17,738 yearly.

  • Operations Research Analyst

Operations research analysts apply mathematical models and statistical techniques to analyse business processes. They use their analysis to suggest ways to improve efficiency, quality, or customer service.

Operations research analysts may work in many industries and for various companies, including manufacturing companies, food service providers, and logistics companies. Most operations research analysts have advanced degrees in mathematics or engineering, although some may be self-taught or have earned an undergraduate degree in business administration. The average salary for an operations analyst is INR 5,93,577 annually.

  • Management Analyst

Management analysts are often referred to as consultants because they advise businesses on how best to operate or manage their activities. Management analysts typically work for consulting firms that specialise in helping companies improve their performance through strategy development and implementation of new initiatives. 

Management analysts work with businesses across many different industries and help them develop organisational strategies that are more effective and efficient than what they currently have in place. The average salary for a management analyst is INR 10.5 LPA.

  • Product Manager

Product managers oversee all aspects of developing a product from concept through final production stages before it goes into the marketplace for sale by its manufacturer or distributor. Product managers must ensure that all aspects of development are completed successfully within budgeted costs while meeting all requirements set forth by customers. The starting salary of a product manager is INR 5 LPA.

Is a PGCP in management worth it?

A  PGCP in Management is an excellent choice for those who want to pursue a successful managerial career. It can help students develop the skills they need to succeed in this competitive field, including solid communication and analytical skills.

The certificate programme helps students build their knowledge of finance, including how financial markets work and how companies can raise money by issuing various securities. Students will also learn about accounting practices and financial modelling techniques.

While the requirements vary from employer to employer, most business management jobs require that candidates have at least 2 – 3 years of professional experience and hold a bachelor’s degree from an accredited institution. Some financial service institutions may also require that candidates take finance or accounting classes.

Students should start by taking courses covering business basics, such as accounting principles and economics. They will also learn leadership development and communications skills since these are important for business management jobs in the workplace.

About the TAPMI’s PGCP in Management programme

The TAPMI’s PGCP in business management programme is a postgraduate degree programme that offers a unique combination of industry experience and academic knowledge. This programme aims to provide the right mix of theoretical and practical learning that will help students build a strong foundation in the management field.

The course structure is designed in such a way that it addresses the needs of students who are looking to pursue their careers in different sectors and fields. The curriculum covers various management-related topics, such as accounting, finance, marketing, human resources, etc. It also includes specialisations like Operations Management or Marketing Management so that students can choose from multiple options.

The teaching methodology used by TAPMI is based on experiential learning through case studies, projects, simulations, and case discussions, enabling students to apply what they learn in class directly to real-world scenarios. All the faculty members are industry experts with years of experience working for leading organisations across India and abroad. 

Wrapping up

The PGCP in Management course designed by TAPMI through Online Manipal is a great way to get a broad overview of all the different aspects of business management. It will help you understand the principles of management, as well as how to apply them in the real world. The course will also introduce you to various business tools and methods to help you become a successful manager. TAPMI is a consultant unit of the prestigious Manipal Academy of Higher Education (MAHE).

What are the different types of MBAs you can do in India

If you’ve been considering a career in management, getting an MBA might be a wise move. The good news is that there are a variety of modes to pick from. Based on your professional profile, your unique career aspirations, and the time, you may choose your preferred mode.

Types of MBA programmes you can choose in India 

Full-time or regular, distance or correspondent, executive, and online are various modes available now in India. Institutions are offering MBA programmes in these formats. Let’s examine these modes in detail.

Full-time MBA

This is the most common type of MBA that is offered in India and it can be the right choice for students who are willing to invest in a two-year full-time course. The course is spread over four semesters.

  • Duration: As mentioned before, this course is of a two-year duration.
  • Eligibility: The eligibility criteria for doing a full-time MBA course is usually 10+2+3 with at least a 50% aggregate in undergraduate level along with high test scores in CAT, MAT, XAT, GMAT, or a similar test. The exact eligibility criteria depend on the particular university that offers this course.
  • Experience: Both fresh graduates and experienced professionals can pursue a full-time MBA. However, most people who pursue this course usually have some job experience under their belt.

Part-time MBA

Part-time MBA programmes allow you to get your degree without having to take time away from your job. It allows you to be more flexible, and lessons are usually conducted after regular working hours so that students may work and study at the same time.

  • Duration: Such a course can usually be done within 3 years. It can take a student a shorter time to do it though depending on the speed they are comfortable with while pursuing a job.
  • Eligibility: The eligibility criteria for this course are relaxed and usually, all you need is a 10+2+3 certificate to get enrolled. Of course, it depends on the particular university.
  • Experience: Usually, students who have a job are the ones doing a part-time MBA.

Executive MBA

The Executive MBA programme is meant for working executives who want to upskill themselves.

  • Duration: The course is usually of a 1-year duration.
  • Eligibility: You need a 10+2+3 and at least 50% aggregate in your undergraduate exam. You will also need to prove that you have a job.
  • Experience: You will need some work experience to enrol in this programme.

Distance MBA

This mode is delivered through self-learning textbooks and study centres. No or limited student-faculty interactions happen in the distance mode. Students need to go to study centres or assigned exam centres for writing exams.

  • Duration: Normally 2 years. If anyone fails to complete in the stipulated time, they can finish it in four years with additional payments.
  • Eligibility: Many distance MBA institutions admit students based on the performance in graduation (50% marks). Some universities mandate students to pass an entrance test or valid score from CAT, MAT, XAT, CMAT, GMAT etc for MBA admission.
  • Experience: Sparing some, most institutions admit students with and without experience to distance MBA. However, the majority of the distance MBA students are experienced professionals.

Online MBA

MBA online programmes, such as the ones offered by Online Manipal, bring convenience and a world-class MBA curriculum together.  Since it is built by veterans who have worked in the field for 20+ years, this course will prepare you for a managerial job with one of the world’s largest corporations.

  • Duration: 2 years with an upper limit of 4 years in case one fails to complete in the stipulated time..
  • Eligibility: To be eligible for this course, you need to have a 10+2+3 from a recognised school and university board. You need to have at least 50% aggregate in your bachelor’s exam, and you will also need to clear the aptitude test conducted by the institution. If you however have a valid test score from CAT, MAT, XAT, CMAT, GMAT, you will not need to appear for this.
  • Experience: Online MBA programmes are available for both fresh graduates and working professionals.

Important MBA specialisations you can decide on

Apart from different modes of delivery, you can choose many specialised subjects to get a deeper understanding of a particular domain and build a career in that field. Listed below some MBA specialisations –  

Finance

This is one of the most lucrative MBA specialisations you can choose for yourself. A career in finance is not just highly respectable, it is high-paying too.

  • What you’ll learn

You will learn important concepts in finance as well as an understanding of what it is like to work in the industry. You will learn management techniques that will stand you in good stead in the professional world.

  • Roles and profiles 

If you choose to finance your top online MBA programmes specialisation, many job roles in the finance sector will be open for you to work like –  asset management, trading, private equity, derivatives structuring, finance ministry stock market, corporate banking, corporate finance, hedge fund management, and related fields.

ALSO READ: Guide to MBA in finance course

Marketing

If you choose this specialisation, you will learn how to turn market trends into products or services.

  • What you’ll learn

If you choose one of MBA marketing, you will learn consumer behaviour, retail management, sales promotion management, marketing channel, advertising management, competitive marketing, internet marketing, analytical marketing, product and brand management, and many other marketing concepts.

  • Roles and profiles 

As an MBA in Marketing graduate, you will be able to choose from roles as varied as marketing manager, brand manager, market research analyst, asset management, corporate sales, and media planning.

ALSO READ: Why choose an MBA in Marketing?

Human Resource Management

With human resources being an organisation’s most valuable asset, this course will equip you with the knowledge and abilities to pursue it as a profession.

  • What you’ll learn

You will be learning key HR concepts like employee relations laws, fundamentals of labour laws, fundamentals of industrial relations, wage determination and administration, the law of social security, and many other things.

  • Roles and profiles 

You can work as an HR assistant, employee relation manager, technical recruiter, compensation analyst or manager, etc. after completing your MBA in Human Resources Management.

ALSO READ: Why choose an MBA in HR?

Operations Management

This is a specialisation that brings value to the end customer by improving turnaround time, cost, quality, and productivity.

  • What you’ll learn

In this course, you will learn about operations research, enterprise resource planning, international logistics, technology and innovations management, project management, supply chain management, etc.

  • Roles and profiles 

Careers in operations management are vast and spread across various fields, such as management consulting, hospitality, and logistics with this degree.

ALSO READ: MBA Operations Management course details

Logistics and Supply Chain Management

This course teaches about supply chain management and covers planning, controlling, and implementing the flow and storage of goods and services.

  • What you’ll learn

In this course, you will learn about operations and materials management, business communication, logistics planning, and strategy, and multi-model transportation.

  • Roles and profiles 

The most common job profiles after doing MBA in Logistics and Supply Chain Management are logistics and distributions manager, supply chain analyst, and sales order planner.

ALSO READ: Top trends in the supply chain management industry

Data Science

This is a newly emerged specialisation vis-à-vis the growing demand for data science professionals. The course covers various aspects of data science in detail and prepares you to become a successful manager in data science.

  • What you’ll learn

You will learn all the foundational and advanced data science concepts, such as programming, database management, statistics, probability, machine learning etc. 

  • Roles & profiles

Various data science job roles are available for MBA graduates, which include data scientist, database developer, statistician, machine learning engineer, market research analyst and more.

ALSO READ: The data science roadmap explained

Business Analytics

It is another in-demand domain. The demand for professionals with MBA in Business Analytics is high.

  • What you’ll learn

Using analytics for making data-driven business decisions is the core of business analytics. In MBA in Business Analytics, you will learn market analytics, financial analytics, HR analytics, big data analytics, analytics using R & Python and others.

  • Roles & profiles

You can find many job roles in Business Analytics, such as data analyst, business analyst, operations analyst, predictive modeller, etc.

ALSO READ: How to start a career in Business Analytics?

Retail Management

An MBA in Retail Management will create professionals with the required skill sets to face the dynamic retail market.

  • What you’ll learn

With an MBA in Retail Management, you will learn many important retail management concepts that include retail management environment, rural retailing, international retailing, IT in retail and many other subjects.

  • Roles & profiles

You can explore roles such as retail manager, store manager, merchandiser, supply chain distributor, warehouse manager and more.

ALSO READ: MBA Retail Management course details

Banking, Financial Services and Insurance (BFSI)

MBA in BFSI is one of the most sought-after specialisations. It gives direct entry to banking and allied businesses.

  • What you’ll learn

An MBA in BFSI covers various BFSI concepts in banking, financial management and insurance. Some of them are bank management, risk management, insurance management, treasury management and others.

  • Roles & profiles

Abundant job roles are in the BFSI sector, which includes bank manager, finance officer, investment banker, insurance advisor etc.

ALSO READ: MBA BFSI course details

Information Systems

An MBA in Information Systems aims at upskilling and updating professionals with the latest and most in-demand tools and skills in the field.

  • What you’ll learn

In an MBA in Information Systems, you will learn information security, business intelligence tools, enterprise resource planning, and other key subjects.

  • Roles & profiles

Some of the job roles in Information Systems are information security specialist, IT project manager, software project manager, engineering manager etc.

Healthcare Management

An MBA in healthcare management gives a direct entry to the burgeoning healthcare sector with the necessary skills and knowledge.

  • What you’ll learn

MBA in Healthcare Management covers subjects such as hospital planning & management, health informatics, health insurance, healthcare operations management and others.

  • Roles & profiles

You can find a job as a hospital administrator, clinic coordinator, physician relations liaison, healthcare information manager, or others.

Pharmaceutical Management

This MBA specialisation is for those who want to shine in the pharma industry. It helps students build all the necessary skills.

  • What you’ll learn

You’ll learn pharmaceutical production management, marketing, sales, logistic management, and other key subjects.

  • Roles & profiles

An MBA Pharmaceutical Management professional can enter the pharma industry as a pharmacy manager, clinical data manager, quality assurance manager, regulatory specialist or other roles.

Fashion Management

An MBA in Fashion Management is for those fashion freaks who want to become an in-demand professional in the fashion industry.

  • What you’ll learn

A Fashion Management programme teaches you all aspects of fashion management, including marketing, brand management, fashion trend forecasting and more.

  • Roles & profiles

fashion & luxury buyer, brand manager, fashion merchandiser, fashion product manager, trend forecaster etc are some of the job roles in fashion management.

Choosing an MBA programme that is best for you

There are many MBA online programmes and specialisations available in India. However, the ideal option for you will be determined by your interests, work experience (if any), and the kind of career you envision for yourself.

If media sounds exciting to you, then a marketing specialisation may be the right choice. If working in the cutting-edge finance sector is more interesting, then the Finance specialisation is a better choice.

How Online Manipal fits in with your career plan

Online Manipal is the next-level online learning platform in the higher education sector. The platform is now offering online MBA from the prestigious Manipal Academy of Higher Education (MAHE) and Manipal University Jaipur (MUJ) with 18 specialisations and electives. Online MBA from MAHE targets working executives who have at least one year of experience and the specialisations include Data Science, Business Analytics, Healthcare Management, Pharmaceutical Management, Fashion Management along with the traditional finance, marketing, operations, HRM etc. Both fresh graduates and working professionals can pursue online MBA from MUJ and its elective courses include the cutting-edge Analytics & Data Science, IT & FinTech, BFSI, Retail Management etc. 

Market reports consistently show that an MBA can make your career a success story. Online MBAs from Online Manipal provide many features such as a powerful learning management system (LMS) that facilitates all online learning activities, excellent career assistance, multi-channel student support, and a robust alumni network.

Conclusion

Set your sights high with one of the best Master of Business Administration online programmes available in the market . The online course at Online Manipal is designed to be immersive in experience and is on an advanced digital platform that makes learning easy.

Do I need work experience to apply for an MBA?

Key takeaways:

  • If you want to apply for an MBA, you must be ready to take on the challenge of studying full-time.
  • An MBA is more than just a degree. It  is also a managerial training programme.
  • You might be able to get into an MBA programme without work experience. Still, you will have a much easier time if you have some work experience under your belt.
  • An MBA with work experience gives you more than just job skills; it teaches you how to manage your time and prioritise tasks.
  • If you don’t have work experience before pursuing your MBA, there are ways to prepare yourself before applying for an MBA programme, such as volunteering or taking on volunteer roles in your current field or industry.

If you are considering applying to business schools, you might wonder if your lack of work experience will hold you back. You are not alone. Many applicants worry that they are too young or don’t have the proper credentials, but there are plenty of ways to overcome this obstacle and get into the programme of your dreams.

The good news is that most schools don’t require a certain number of years in the workforce before applying, so you don’t have to wait until you’ve worked for many years before taking the plunge into business school. Some schools have more applicants who have never worked than those with experience.

While some people who pursue an MBA do so after working in their field for a while, others pursue their first master’s degree as a path to their dream job. It is important to know what makes for a strong application to give yourself the best chance of getting into the programme of your choice.

Why do MBA programmes require work experience?

The answer to this question is a bit complex, but it boils down to the value of work experience.

MBA programmes are designed to train students to be business leaders. To be prepared for the challenges that come with the role, learners must have an MBA with work experience in a real-world environment. This means they need to understand how differently people in a team interact and how they can contribute their unique skills and perspectives.

Additionally, work experience also indicates maturity and commitment. 

Typical work experience among incoming MBA students

Because of the emphasis on career preparation in MBA programmes, students need to have some work experience in the field before they begin their studies. This can be done through internships, volunteer work, or paid jobs relevant to your field of study.

The benefits are twofold: first, you will have more confidence while entering your MBA programme because you already have some experience under your belt; second, you will be most likely to succeed once you graduate.

Work experience among incoming MBA students is varied and rich. Most students have between 1-5 years of work experience before applying to a business school. 

The most common industry sectors of incoming MBA students are consulting, financial services, and technology. In addition, many students have worked in non-profit organisations or with start-up ventures. More than half of incoming students report having worked abroad in at least one of their previous positions, with China being the most popular destination.

MBAs’ most commonly held positions as working professionals are finance, consulting, and operations management. Sales roles are also prevalent among new students. 

How much work experience is ideal for an MBA?

If you are planning to apply to a business school, you might wonder how much work experience is ideal for pursuing an MBA.

Most programmes generally demand a full-time work experience of 2-5 years before applying for an MBA. If you are applying to an accelerated programme or one that requires a significant amount of self-study, less than two years may suffice. 

Many part-time programmes prefer applicants who have worked for a short time. In contrast, others look favourably for applicants with up to 7 years of full-time work experience before applying. Some schools also emphasise internships more than others.

Average MBA work experience for top programmes

When looking at the application requirements for an MBA programme, you will see that most schools require candidates to have at least 2 years of work experience before applying. 

It is because they want applicants ready to hit the ground running after graduation. If you’ve only been working for two years, chances are that your skills and knowledge aren’t as developed as they will be by the time you finish your degree programme.

That said, there are some exceptions to this rule. If your previous jobs were in highly specialised fields like business analytics, those might not count toward your total years of work experience because they are closer to what you will be studying in school than other positions. In addition, if you’ve already finished a bachelor’s degree programme, some of them may waive the requirement or allow you to apply with less than two years’ of employment under your belt (as long as all other requirements have been met).

Does an internship count as work experience for an MBA?

Yes, an internship counts for an MBA with work experience.

An internship is a paid or unpaid position where a student or recent graduate works in a company to gain the credibility of an MBA with working professionals’ experience. Internships are a great way to gain real-world insight into the field you are interested in pursuing and can help you land a job after graduation.

For those hoping to get into management consulting after their MBA studies, internships are beneficial because they provide a chance to learn how managers think and what leadership skills they possess. In addition, they offer valuable insights into the financial, legal, and ethical issues companies face today. An internship can also give you helpful information about what it is like to work within a specific industry sector or business model.

Best work experience for an MBA

A good certification of MBA with work experience is integral to getting into a quality company. If your application shows that you are passionate about the work you do and feel challenged by it, it will better reflect who you really are.

If you are applying for an MBA programme, you need to show that you can handle the pressure of being in the business world.

The best way to do this is by having a resume highlighting the different positions you’ve held at companies known for their high standards and demands. These types of jobs demand a lot from each employee.

Can I get an MBA without work experience?

If you are thinking about going back to school for an MBA, you may be wondering if you can pursue an MBA without having work experience. Here’s what you need to know about getting an MBA without work experience-

  • Most schools expect you to have at least one year of experience as a working professional before applying for their programme. If you don’t have that much experience, ask your school about their exceptions policy. Some schools do allow students close to the 2-year mark in terms of experience.
  • Some schools offer online options or part-time programmes. These options may be more flexible and allow students with no work experience to enrol in a degree programme. At the same time, they continue working in full-time or part-time jobs.
  • Talk to your school’s career services department about your situation, as they may be able to help connect you with alumni who can share their experiences and advice about how best to approach applying for an MBA programme without work experience at your school.

Why choose the MAHE MBA programme curated for working professionals?

The MBA programme by the Manipal Academy of Higher Education (MAHE) through Online Manipal is designed to be completed in 2 years, with 3 semesters per year. The curriculum is focused on providing students with the skills they require to excel in their workplace. The course is designed in such a way that students can graduate with a valuable degree even if they have a full-time job. 

Working professionals are often looking for ways to advance in their careers without taking time off work, which could cost them their job or send their careers into a tailspin. This programme allows them to improve their skills and earn an MBA while continuing their careers as usual.

Because this programme is designed for learners with full-time jobs, it offers online and on-campus options so students can choose what works best for them. Students will also be able to take advantage of specialised resources such as career counselling services and networking opportunities with other MBA students and alumni from around the world.

What are the qualities, experiences and skills that high-end business schools look for in applicants?

In the world of business school admissions, there are certain qualities, experiences, and skills that are expected of applicants. Here are some of the most important ones:

  • Leadership skills

You’ve got to be a leader if you want to get into an elite business school. That means having the ability to motivate people and inspire them to do their best.

  • The ability to work in a team

You will be working in small groups on projects throughout your course at an elite business school, so this is an essential skill for success there.

  • An understanding of how businesses work

This isn’t just about knowing how to balance the books—you will  need to understand how different departments interact with each other and what drives each one individually as well as collectively.

  • The ability to think critically and analytically

If you want to be successful at an elite business school, you should be able to solve problems creatively without getting stuck in old ways of thinking or making assumptions about what others’ motives might be instead of asking them directly first.

Final thoughts 

The Manipal Academy of Higher Education (MAHE) with Online Manipal is a pioneer in online MBA education and has the highest ranking among the top 10 Schools across India. It is recognized by UGC and AICTE. 

The institution offers a wide range of programmes that are designed to meet the needs of students who wish to pursue their career in management. The courses offered at MAHE are designed by experts with industry experience along with a strong focus on real-world applications, ensuring that you are equipped with the knowledge and skills necessary to succeed in your career.

B.Com course details: All you need to know

B.Com is a renowned undergraduate course with many job opportunities. It lays a strong foundation for prospective learners. The B.Com degree course aims to teach students analytical abilities, financial management, and business skills by emphasising conceptual topics.

If you’re thinking of studying for a Bachelor of Commerce, there’s much more you must consider making an intelligent selection. You should know the various details regarding B Com courses such as sorts of programmes, specialities, scope, fee structure, programme timeframe, qualification, enrolment, education, and job options. So, continue reading to learn ‘What is B.Com all about?‘ and everything you ought to understand regarding the course details.

Key points for BCom course details

Particulars Details
B.Com full form Bachelor of Commerce
Course level Graduate
Course duration 3 years
Eligibility 12th pass
Course fee Ranging between INR 40,000 to INR 200,000
Examination type Semester pattern
Admission Admissions granted by University based on 12th score.
Average salary Starting salary range of INR 10,000 to INR 25,000 per month
Recruiting companies ICICI, HDFC, PwC, LIC, Bajaj Allianz, SBI, and more

What is a Bachelor Of Commerce (B.Com)?

B. Com, also referred to as Bachelor of Commerce, is a graduate degree that allows you to excel in commerce. The B.Com degree is typically pursued by individuals who have completed their 12th grade in commerce. After their 12th grade, even fine arts students can change disciplines and enrol in a B.Com. 

During the three-year B. Com programme, students will gain general business concepts while studying key commerce disciplines like finance, economics, accounting, actuarial studies, and business management. There are several types of B.Com degrees, such as-

  • B.Com (General)
  • B.Com (Honours)
  • B.Com (LLB)

While most students pursue a B.Com general degree, other possibilities are equally worthwhile. That will make sure you gain a lot of knowledge and help you get a solid career and life.

Eligibility criteria for B.Com course

Now, as you come to know about Bachelor of Commerce, let’s proceed further towards the eligibility needed to pursue this course. To be eligible to get B.Com admission, you must meet certain standards. The following are the requirements for enrolling in a B.Com course: 

  • There is no minimum age requirement for admission. Individuals of all ages, genders, and communities are encouraged to apply.
  • You must have completed your 12th grade in commerce. Students in the science and arts who have completed their 10+2 may enrol and switch streams in certain conditions.
  • Participants must also have studied maths and English.
  • You must have a grade point average over the college’s minimum cut-off percentage. This minimum percentage cut-off score is entirely determined by the institution of higher education.

Modes of pursuing B. Com course

There are three modes to pursue B. Com courses:

  • B.Com Online
  • B.Com Distance Education
  • B.Com Regular/Traditional B.Com

B.Com online is a three-year programme that teaches students about 

  • Business communication
  • Financial and corporate accounting
  • Business law and accounting

Candidates who cannot attend a traditional B.Com degree or who cannot pay the standard degree costs may consider B.Com online. You can enrol in an online B Com course provided by Online Manipal.

What are the prospects after pursuing B.Com?

In the overall job market, there is a strong demand for commerce graduates in the job market. Due to various educational possibilities and great adaptability, Commerce graduates have a better chance of landing a job. With a Bachelor of Commerce degree, a candidate is qualified to work in various industries, including:

  • Marketing
  • Banking
  • Public Accounting
  • Policy Planning
  • Consultancy
  • Investment Banking

After completing B.Com, students may pursue further higher education options.

Scope of B. Com graduates in India

Bachelor of Commerce has tremendous potential as there are many career and job possibilities. A B.Com degree will lead to jobs in financial services, banking, research, analysis, risk management, government, and taxation, among other fields. For countless 10+2 students, B.Com stays among the most popular options. A Bachelor of Commerce degree also prepares you for programmes such as MBA and Financial Management. Having a commerce foundation helps open the path to a great future. 

Higher education opportunities after B.Com

Students who have finished their degree in the commerce stream have a wide range of higher education alternatives. Students can pursue postgraduate studies in various fields, including economics, international studies, law, and the arts. MBA and M.Com are two of the most popular courses after B.Com. You need to have an overview of M.Com vs MBA before finalising on what to do after B.Com. Other than that, there are many higher studies options to do after B.Com:

  • Master of Business Administration (MBA)
  • M.Comp
  • Diploma in Banking and Financial 
  • Executive MBA
  • Executive Programme in Applied Finance 
  • International Postgraduate Diploma in Risk Management
  • LLB
  • Master in Financial Management 
  • Master in Management Studies 
  • Master in Retail Management
  • Master of Marketing Management 
  • Master’s Degree in HRD
  • Master’s Degree in Marketing
  • Master’s in Business Studies 
  • Masters in Financial Management
  • Masters Program in International Business 
  • CA
  • MCA
  • Postgraduate Management Diploma

Career areas to explore

After finishing a graduate degree in commerce; students have multiple employment opportunities, but not all B.Com graduates are familiar with the various paths they may pursue to develop a successful career. Let’s look at some of the career alternatives available after B.Com that you’ll want to pursue:

  • Chartered Accountancy (CA)
  • Company Secretary (CS)
  • Chartered Financial Analyst (CFA)
  • Business Accounting and Taxation (BAT)
  • Certified Management Accountant (CMA)
  • US Certified Public Accounting (CPA)
  • Financial Risk Manager (FRM)
  • Association of Chartered Certified Accountants (ACCA)
  • Certified Financial Planner
  • Certificate in Investment Banking (CIB)
  • Digital Marketing

Having such a wide array of opportunities might confuse you. Thus, this guide will help clear some of your doubts and let you make a better decision on what to do after B.Com.

BCom course syllabus details

Corporate tax, financial law, economics, and accounting are among the topics included in the B.Com syllabus. Each B.Com subject carries a 100-point weightage, including a 20-point internal review and an 80-point external test. Over three years, subjects under the course are separated into six semesters. Candidates must take four core disciplines, like accounting, banking, and finance, and one elective per year, like English, economics, or philosophy. The primary subjects covered in Bachelor of Commerce are:

  • Accounting
  • Actuarial science
  • Advertising
  • Assurance
  • Business System Analysis
  • Banking
  • Business economics
  • Computers and Management Information Systems
  • Decision Analysis
  • Economics and Econometrics
  • Electronic Commerce
  • Entrepreneurship
  • Finance and Financial Markets
  • Government
  • Human Resources
  • Industrial Psychology
  • Information Management
  • Insurance
  • Labor Relations
  • Law
  • Logistics Management
  • Management
  • Management Science
  • Marketing and Communications
  • Operations Management
  • Organisational Studies
  • Politics and Public Policy
  • Supply Chain Management
  • Risk Management / Financial Risk Management
  • Strategic Management
  • Statistics
  • Taxation
  • Transport Economics

Keep reading to get more B.Com course details.

B.Com syllabus – Semester-wise breakdown

Aspirants can review the B.Com syllabus to get a good understanding of the modules and subjects included in this three-year course. The following are some modules and the subjects covered in the Bachelor of Commerce curriculum:

Syllabus of B.Com semester 1

  • Financial Accounting
  • Business Organisation & Management
  • Generic elective courses such as Principles of Microeconomics or New Venture Planning
  • Environmental Studies

Syllabus of B.Com semester 2

  • Language: English/Hindi/Modern Indian Language
  • Business Laws and Ethics
  • Generic elective courses like Principles of Macroeconomics or Economics of Regulation of Domestic and Foreign Exchange Markets
  • Business Mathematics and Statistics

Syllabus of B.Com semester 3

  • Company Law
  • Discipline-specific elective courses like Indian Economy or Financial Markets and Institutions, etc.

Syllabus of B.Com semester 4

  • Income Tax Laws
  • Skill-based electives like Banking and Insurance or Financial Analysis and Reporting

Syllabus of B.Com semester 5

  • Auditing and Corporate Governance
  • Discipline-specific elective courses like Principles of Marketing or Training and Development, etc.
  • Cost Accounting
  • Skill-based Elective courses like Computer Applications in Business or Advertising, etc.

Syllabus of B.Com semester 6

  • Fundamentals of Financial Management
  • Business Communication
  • Discipline-specific elective courses like –
    • International Business
    • Consumer Affairs and Customer Care, Organisational Behaviour
    • Entrepreneurship and Small Business
    • Office Management and Secretarial Practice
    • Corporate Tax Planning
    • Fundamentals of Investment
    • Management Accounting

Why should I choose B.Com?

B. Com graduates are in high demand, particularly when the economy improves. However, even when the economy isn’t doing well, B. Com graduates can still find work in different industries.

Earlier, people believed that a B. Com degree would only lead to clerical tasks, but this is no longer the case. A Bachelor of Commerce allows you to work in a wide range of fields. Some of the subjects in B.Com, such as accountancy, economics, industry, and financial and company management, are critical areas in a developing nation’s economy.

Moreover, you can pursue a variety of employment in a field you prefer.

Benefits of pursuing a B.Com

A B.Com course has many advantages. Many factors make B.Com attractive to students, from job options to income incentives. Make sure you’re aware of these benefits and get to know all B.Com course details before deciding on a degree programme following high school.

  • Career prospects

A B.Com degree teaches you all you need to know about how businesses work. You learn everything from accountancy to leadership. This makes you extremely accessible in various areas and gives you a wide range of job opportunities.

  • Salary 

B.Com graduates begin with a solid starting salary, which substantially rises as they gain experience. Compensation is also high, but it all relies on the industry and organisation where you get work.

  • Higher education

Students with a B.Com can enrol in courses such as CA, CS, CMA, MBA, and other advanced courses to enhance their capabilities and improve their potential earnings. Postgraduate courses like M.Com and MBA also help you improve your professional journey. These courses can assist you in moving up the corporate ladder.

  •  Job stability 

Bachelor of Commerce graduates work in businesses with a high level of job stability. The best example is the banking business. The government and other regulatory bodies keep a watchful eye on banks. As a result, employment losses and bank closures are unlikely.

  • Prepares for entrepreneurship 

Unlike any other bachelor’s degree, a B.Com degree equips students for both the corporate sector and entrepreneurship. The course equips students with commercial information that they may apply in the workplace. Several B.Com students can go into entrepreneurship and start their own companies. They know how to create and run a business and various other complex elements in running a business. 

Read more – Advantages of a B.Com degree

Bachelor of Commerce fees structure

Compared to other undergraduate degrees, the cost of a B.Com is not very expensive. It is among the most cost-effective degree programmes. The fee entirely depends on the institution where you are pursuing your education. Compared to private institutions, government-aided academic institutions have reduced fees. The payment systems differ significantly. For all three years, the cost of your B.Com can vary from INR 10,000 to INR 100,000. However, some colleges offer extra advantages such as improved infrastructures, laptops, hostels and canteen facilities, placements, etc. Opting for B.Com online courses are best suited as these courses are pocket-friendly and feasible for everyone.

Required skills for B.Com course

Candidates interested in studying Online B.Com and those who are currently pursuing Bachelor of Commerce should have the following skills to boost their employability prospects and thrive in their careers:

  • Thinking analytically
  • Business valuation 
  • Communication skills
  • Financial intelligence
  • Negotiation skills 
  • Relationship management
  • Excellent technical abilities
  • Exceptional networking abilities
  • Leadership qualities
  • Confidence
  • Self-motivated 
  • Business development 
  • Research and quantitative skills 
  • Highly organised 
  • Proficiency with MS Office
  • Adaptability
B. Com Course Details

Online B.Com: A smart approach to get educated

Online B.Com choices continue to grow in popularity as costs decrease due to improved technology. The quality of teaching develops and improves. Online education is getting popular, rather than the exception for upcoming generations.

Along with B.Com course details, you must be well-versed with the benefits of pursuing an online BCom.

  • Flexibility 

Educators and students may set their own learning pace with online education. Also, with the additional privilege of being able to build a schedule for everyone, opting for an online Bachelor of Commerce provides a better work-study combination, so there’s no reason to compromise anything.

Additionally, online learning teaches you important time management skills, making it simpler to strike a solid work-study balance.

  • Cost-effective 

Online B.Com education is typically less expensive than traditional classroom instruction. Learners can make payments in instalments or per class. This enables more effective budgeting. You get the advantage of avoiding commuting and buying learning resources and books. So, the financial investment is lower, but the returns may be superior to alternative possibilities.

  • Customised learning 

Online B.Com classes are typically smaller than traditional classes, which allow for more contact and discussion between you and your teacher in virtually all circumstances. Tutors may typically access various resources online, including videos, photographs, and e-books. They can also use other media, such as forums or conversations, to enrich their teaching.

  • Accessibility 

You can learn or teach anywhere in the world with online education. This eliminates the need to travel from one location to another or adhere to a strict timetable. Online learning is also accessible from any place with an internet connection. So travelling won’t get in the way of your learning.

Pursuing online B.Com from Manipal University Jaipur

Manipal University Jaipur offers online courses in B.Com that combine the most recent innovations in business management with some of India’s greatest teachers to help you thrive in a variety of career paths. You can attend live and recorded lectures wherever you are and learn at your own pace. Also, you get the facility to explore a large e-library and get online access to study materials. Teaching methodology incorporates real-world case studies to help you improve and strengthen your critical thinking abilities. So, get all online B.Com course details, enrol in Online Manipal and make a smart choice for your future life.

Read more – How to get a B.Com degree through online mode

Eligibility requirement to get admission in online B.Com at Manipal University Jaipur

To get B.Com admission in Manipal University, candidates should fulfil the following criteria:

Applicants must have completed a 10+2 from a recognised institution

OR

A three-year diploma (10+3) from a State or National board, or an equivalent degree recognised by the Association of Indian Universities in any domain

They should have at least 50% marks in aggregate (45 per cent for reserved categories).

Conclusion

Online B.Com degree provides an all-encompassing learning experience. It enables immersive knowledge and quick and easy access to efficient online education. If you’ve decided to pursue a B.Com, you’ve made a wise decision, as you’ve probably noticed that several reputable universities offer this degree.

Hope you got all the answers regarding what a Bachelor of Commerce is all about‘ We have provided you with all the B.Com course details that will help you choose B.Com as your foundation for a bright career. The education is fantastic, with plenty of job opportunities, ensuring your vocation and future. With a plethora of benefits, wide career scope, online B.Com is one of the finest choices for students after 12th class. So, hurry and enrol for an online Bachelor of Commerce and take a step towards a lucrative career ahead.

Business Management Certificate: Why do I need one?

Key takeaways:

  • The business management certificate is a great way to gain the skills you need to kickstart your management career.
  • It will help you understand what it takes to run a business and how your role fits into the bigger picture.
  • You will be able to define what success looks like for your organisation and how you can achieve it through strategic planning and effective communication.
  • You will have access to a network of professionals who have been there before you and can help guide your career path as you begin making decisions that will impact your future development as an employee or entrepreneur.

What is a business management certificate?

A business management certificate is a degree that gives you the skills and knowledge you need to manage a business.

A business management certificate online may suit you if you’re interested in business management. You will have the opportunity to learn what it takes to start and run a successful business, including budgeting, accounting, human resources management, etc. It can help prepare you for an accountant or financial analyst career. 

Still, it can also be helpful if you’re looking to advance your skills or make a career change to another field that requires similar knowledge of financial matters, such as marketing or sales.

Business management certificates are offered at many levels, including associate’s and bachelor’s degrees. They may also be provided online, so students can complete them from anywhere in the world with internet access.

What skills can I learn by getting a business management certificate?

A business management certificate online can help you learn how to manage a business and develop the skills needed to become an effective manager. It’s a strong choice for people who want to advance their careers by learning how to lead and manage teams and those looking for a career change.

While many other types of business courses are available, such as accounting and marketing certificates, these business management certificate programmes tend to focus on specific areas of expertise rather than general leadership skills. In this section, we will dive into the skills you can learn by getting a business management certificate.

  • Varied experiences, enabling industry integration

An MBA is a great way to build your business acumen, but it’s not for everyone. An online business management certificate allows you to gain a deeper understanding of the fundamentals of accounting and finance and the more advanced skills required to succeed in today’s business environment.

  • Understanding the interface of the business with technology and analytics

The world is changing! Gone are the days when businesses could succeed simply by being good at what they do. Today, companies need to be able to adapt quickly and effectively—and that means understanding how technology can help them do things better than ever before. An business management certificate online will give you this knowledge.

  • Skills aligned with professional requirements and priorities

Many people want to change careers or advance in their current field but don’t know where to start. A business management certificate online allows you to gain valuable information about what kind of career or job you want, and how best to get there!

  • Self and a renewed commitment to personal development 

It can help you build self-awareness and understand your strengths and weaknesses. It will also help you identify areas you need to develop further. This is important because it will allow you to work on yourself to achieve personal growth.

  • Enhanced problem-solving, managerial, communication and leadership skills

The certificate will give you access to specialised knowledge and skills about the chosen electives. This means that after completing the course, you’ll be able to boost your knowledge base and enhance your existing skill set.

  • Specialised knowledge and skills about the chosen electives

If there’s one thing that most people are looking for when choosing a course, it’s specialised knowledge! With a business management certificate, you’ll have access to lots of information about various topics related to business management, such as finance or marketing – all at once!

What job roles can I expect after PGCP in Management?

After receiving your PGCP in Management, what jobs can you get with a business management certificate? You can expect to find jobs many positions, such as –

Job roles Average salary 
Marketing ManagerINR 7.4 LPA
Product ManagerINR 16.3 LPA
Brand ManagerINR 12 LPA
Business ConsultantINR 11.5 LPA
Finance ManagerINR 13 LPA
HR ManagerINR 7 LPA

Source: AmbitionBox

  • Marketing Manager

Marketing managers are responsible for creating and implementing a company’s marketing strategy. They typically work with advertising agencies to create ads and other marketing materials; they also work with sales teams to help them sell the company’s products. 

  • Product Manager

Product managers are responsible for managing all aspects of a product’s development, including working with designers, engineers, and marketers to develop new products or improve existing ones. They also manage budgets for their team members and ensure deadlines are met on time. 

  • Brand Manager

A brand manager is responsible for overseeing the branding efforts of a company or product line. Brand managers often work closely with designers and marketers to ensure that each piece of branding conveys the right message about their brand. 

  • Business Consultant

Business consulting involves analysing and improving management systems, which is especially helpful if your company is trying to scale up or down or is facing a crisis. A business consultant works with businesses to help them grow and improve. They often work directly with clients or on their own, but they also may work for an agency that provides consulting services. 

  • Finance Manager

A Finance Manager oversees money matters for a company or organisation. They ensure that bills are paid on time and that there’s always enough cash flow available for day-to-day operations and long-term investments. 

  • HR Manager

A Human Resources Manager oversees all aspects of employee relations, including hiring employees, ensuring compliance with labour laws, negotiating contracts with unions and other organisations representing employees’ interests within the workplace (such as through collective bargaining agreements), and so on. 

What can I do with a business management certificate?

There are several options for people who have earned a business management certificate. Some of them include –

  • It can help you get a job

Business management certifications are an excellent way to boost your career and make you more marketable to employers. If you’re looking to advance in your current role or hoping to switch industries, these certifications can give you the tools you need to stand out from the crowd when applying for jobs. 

Many employers require certification as part of their hiring process, so having this on your resume will give you an edge over other candidates who don’t have it.

  • You’ll learn valuable skills

Business management courses teach students important topics like finance, marketing, leadership and operations management. With this knowledge under your belt, you’ll be able to make better decisions at work and improve your performance and those around you. This will help ensure your company stays competitive and profitable in today’s marketplace.

  • Gain a competitive edge

Nowadays, having a bachelor’s degree is the minimum requirement for most jobs. A business management certificate can help you stand out from the crowd by showing that you have taken additional steps toward developing your skills and gaining knowledge in business management.

  • Learn about new business practices

A business management certificate online can help you learn about new practices in the world of business. For example, if there is something specific that your company needs but doesn’t offer yet, such as an online store or social media marketing campaign, then learning how those things work might help you get more out of your company’s current offerings.

  • It can help you become a successful entrepreneur

While this might not be a primary reason you would choose to get a business management certificate online, it is still worth considering. If you want to start your own company or if you’re going to work as an entrepreneur, having a certificate in business management will give you some advantage over others who don’t have one. 

These best online business management certificate programmes can teach students –  

  • How to manage employees and finances
  • How to market their products or services
  • How to develop new products or services
  • How to write business plans 

Why choose an online business certificate?

If you’re thinking about starting an online business, there are a lot of things to consider. One of the most important is whether or not you should get an online business certificate. Here are some reasons why you might want to consider it. Advantages of pursuing an online PGCP in Management are:

  • It is flexible 

If you’re a working professional, you may be looking for an online certificate program to help you advance your career while allowing you to continue working full-time. With the online business certificate program, you can access courses and materials at your convenience, any time of day.

  • It is affordable 

The cost of the PGCP in management is much lower than that of many other best online business management certificate programmes because it is offered as an online course. You will also have access to various resources such as books, videos, podcasts and more that can help supplement your education without increasing your expenses.

  • You can work while you study

With so many options available today, finding ways to make studying for an online business certificate program fit into your schedule is manageable. You’ll have access to instructors who are experts in their fields and ready to guide you through this process step-by-step; they’ll even provide feedback on assignments so that each one meets their standards.

  • You gain valuable skills

Online business certificates provide the skills needed to succeed in various business roles. For example, you may want to learn how to work with people or develop your management skills. An online certificate will help you gain these valuable skills through classes and hands-on learning that is practical and relevant. You will also have access to a network of professionals who can guide you in applying these skills in your career.

  • It provides a competitive edge

A competitive edge is essential when applying for jobs or promotions. A certificate helps demonstrate that you have taken the time to invest in yourself by gaining valuable knowledge and skills through education and self-improvement efforts. This can be especially useful if you are applying for jobs within a large corporation where there may be many applicants with similar backgrounds and experiences.

MBA vs Business Certificate: Which one to consider?

MBA Business Management Certificate
An MBA is affordable comparative to a business management certificate.A business management certificate is in demand and hence is more cost effective than a business certificate.
An MBA can take more time (2 years) as compared to a business management certificate.A business management certificate can be completed in one year which is less as compared to MBA programmes.
An MBA could be a wise choice if you want to pursue further studies in a good field.A business management certificate programme is more likely worth the extra time and expense because it will give you more options for jobs and advancement opportunities.
If your goal is to crack new top colleges in India and pursue your career with necessary skills, then an MBA could be good.If your goal is simply to get into management roles, then a PGCP in management is the right choice.

Master your skills with TAPMI’s PGCP in Management

Enrolling in TAPMI’s PGCP in management is indeed the best decision you can make to upgrade your skills. The course is designed by TAPMI, a consultant unit of the reputed Manipal Academy of Higher Education (MAHE). The courses are available on the world-class e-learning platform Online Manipal.

Manipal Academy of Higher Education (MAHE) is known for providing quality education and as a hub for research. It has been ranked among the top universities in India by many surveys and rankings. It houses many colleges, schools, and research institutes that provide affordable quality education.

The course provides an opportunity to polish your skills by offering practical knowledge to make you future-ready. It teaches you how to work with people from different backgrounds and cultures, making you more confident when dealing with others in the workplace. The course also teaches students how to implement their knowledge into real-life situations and apply what they learn from their textbooks to real-life scenarios.

The course also helps students develop leadership qualities and analytical thinking abilities, making them more employable than other candidates who do not possess these skills. The course also exposes students to different kinds of businesses which they can apply in their future careers. 

This helps students learn how to work in a corporate environment and develop communication skills through group projects.

Final word 

The business management certificate online is a great way to build your skills and advance your career. Whether you want to be a leader at the top of your company or an entrepreneur with your own business, this certificate can help get you there.

MBA Vs PGCP in Management – What to choose?

Key takeaways:

  • Aspirants who are interested in pursuing management courses have countless options. Hence learning the difference between MBA and PGCP is critical before making an informed decision.
  • MBA is a degree course that can be offered by universities or colleges affiliated with universities, while autonomous institutions offer PCGP courses.
  • Even though both management courses have some subtle differences, the career growth is almost similar, mostly based on the individual’s performance. No matter the course, to have a good start, one must go to the most reputed institute to pursue their dream.

The dilemma of choosing MBA vs PGCP remains a top question in the minds of the aspirants who want to take their career to the next level through the postgraduate management course. The confusion is because the candidates are unaware of the difference between MBA and PGCP.

MBA stands for Masters in Business Administration, while PGCP indicates Postgraduate Certification Programme. Most candidates tend to consider the PGCP inferior to MBA due to the term ‘certification’. However, it’s imperative to understand and dispel some common myths around MBA vs Business certification courses.

Scroll down to discover more about the similarities and differences between MBA and PGCP in management to find the one that suits your dream.

How is a business management certificate different from a graduate degree?

Higher education in management or certification in the same niche can make the candidates possess the desired position in the corporate world. Amidst the need to add an extra qualification to one’s resume, the real question is to choose the one that is suited for you – between MBA and PGCP in Management. 

  • Diploma or degree 

The major difference between the two courses is that MBA is a professional degree while PGCP is a certification course. Thus, MBA is not completely equal to PGCP. Nonetheless, the Association of Indian Universities (AIU) accreditation makes the course equivalent to an MBA.

  • Comprehensive syllabus

In the MBA degree programme, candidates will acquire more theoretical knowledge about management concepts and practices. One has to complete a comprehensive syllabus that covers various traditional concepts and modern subjects as part of their MBA study. . On the other hand, the PGCP in Management only deals with the core concepts that will expose students to practical training and insights into real business situations. In short, the certification course will be more practical and dynamic.

  • Curriculum focus

Both MBA and PGCP management courses have similar core subjects. Nonetheless, some people claim that MBA has a more focused curriculum than certification courses. The real scenario is MBA is specialised in theoretical and technical aspects of management while PGCP is about indication orientation and essential skills needed for present market requirements.

  • Teaching methodology

A standard PGCP course offers more than classroom teaching. It gives utmost importance to case study pedagogy that will help you understand the application of implementing effective solutions to real-time problems. While the teaching methodology for MBA is generally more theoretical in nature.

Why choose an MBA?

Organisations’ and businesses’ needs are also changing in the ever-evolving world. Hence there is also increased demand for qualified managers, executives, functional leaders, and specialist executives. Below are some of the benefits of choosing an MBA.

  • Better career opportunities

MBA graduates can access a more diverse and wide range of job opportunities in several fields and industries, including HR management, statistics, technology, finance, and other key areas. 

  • Build a network of expert peers and leader

MBA candidates will get more exposure to connect with their network of peers through various events. They can also meet or connect with experienced individuals and leaders of leading multinational companies, facilitating the chance to build a successful network.

  • Acquire transferable skills

Pursuing an MBA will cultivate critical skills, including collaboration, communication, adaptation, creativity, and emotional intelligence, to refine your ability. The course will hone your interpersonal and technical knowledge, making you stay ahead.

  • Gain personal credibility

Earning an MBA indicates a deeper understanding of the business world. The programme exhibits the impression of real-world challenges, enabling you to manage risks by making the best decisions.

  • Obtain an international perspective

In the globalised business environment, acquiring an MBA degree is invaluable. It will help you gain confidence to face the world market’s complex nature, familiarising you with your peers’ perspectives, expertise, and experience.

Why choose a PGCP in management?

Management is a rewarding career path, and pursuing a PCGP in management will be a strong foundation to boost your career in the desired field. Here are some reasons to pursue PGCP in Management,

  • Convenient and flexible

The course duration and timings per week of a PGCP course are flexible compared to full-time MBA courses. It also allows you to instantly access the resources per your preferred schedule and attend the course at your convenience. 

  • Earning while learning

These certification courses are especially for those who want to learn and earn simultaneously. In most cases, learning as a working professional will help you to advance in your career, increase your abilities and move you forward to the next level.

  • Application-based experiential learning

PGCP course is designed in a way to give the students experiential learning opportunities through a strong application-based approach. Such diverse integrated pedagogy will help them to gain the opportunity to be a part of the faster-growing industries with countless career opportunities.

  • Diverse career scope

The programme enables industry integration and cross-fertilisation of business deals, allowing the students to perform diligently in multiple domains, including international marketing, business finance, laws, policy framework, sales, operations, project management, and consulting. 

  • Entrepreneurial skill development

As a course that is widely recognised across every industry, it will help the students to acquire IT-related skills in managing data in the face of complex workplace realities. Moreover, the skills obtained can be used to explore career options across the world.

Who should consider doing an MBA?

 

Several factors have to be taken into consideration if you are planning to pursue your higher education and an MBA. MBA course is a regular postgraduate programme that trains candidates to establish their role in the field of management. However, the common question that comes to mind is will it be a good option for you and your career? The course is highly valued by students in both the Indian and international corporate world.

  • It will help the students who want to communicate and interact with expert leaders in the field. It will help them to attain success through a robust professional network.
  • The course will help the student to leverage their knowledge and skills creatively when they are in the middle of starting their business venture.       
  • It is suitable for aspirants who want to climb the corporate ladder with higher remuneration, sharpening their skill sets and transforming their career path. 

Who should consider doing a PGCP in Management? 

Postgraduate Certification Programme or PGCP is a professional course that teaches candidates about the practical aspects of business through state-of-the-art learning techniques like case studies and experiential learning. Many renowned institutes offer PGCP courses for those who are interested in pursuing a career in management.

  • The course is apt for candidates from all disciplines and is designed to help them define their careers.
  • As an interdisciplinary course, it combines various streams – management, accounting, and economics to meet the needs of the market.
  • It helps the students who want to alight their skills with present industry demands.

Career Scope: MBA vs PGCP in management

 

From the higher education perspective, having an MBA degree might put you ahead in the job market in the stage of application evaluation. However, not all career aspects get a Certification course. Since both courses belong to the managerial stream, candidates will get more lucrative job opportunities in the modern era.

All said, the fact is most corporate sectors treat both MBA and PGCP courses equally. In a nutshell, the skill set and qualitative value of the professional experience play a critical role in the long-term career run.

Let us explore the career scope and salary structure of both MBA and PGCP in Management below.

MBA helps you to lay a solid foundation for a new career, preparing yourself for better and higher-paying career opportunities.

RoleDescriptionSalary range (LPA)
HR ManagerTo ensure the hiring and onboarding process goes smoothly for new employees and make sure to take care of the needs of existing ones.INR 7-8 
Business AnalystTo collect information from the past about the organisation results and compare them with the future goals.INR 6-7
Marketing ManagerTo handle the marketing of a business’s products or servicesINR 5-8
Investment BankerTo arrange, manage and execute all kinds of investment projects for the clientsINR 8-10

PGCP will help to gain a range of knowledge in various areas from marketing to customer service, allowing to go further in the career landscape in a shorter period.

RoleDescriptionSalary range (LPA)
Project ManagerTo oversee and handle every project within an IT company.INR 12-15
Tax SpecialistTo ensure all sales, profit and taxes of property are well administeredINR 5-7
ConsultantTo plan effective strategies to become more competitive in the corporate worldINR 9-12

Course Duration: MBA vs PGCP in Management

Understanding the course duration and curriculum will help you to plan, structure, set targets, and discover opportunities to align your goals for the current and prospects. For instance, if you are a working professional, you can opt for PGCP for flexible learning opportunities, while MBA is open for those who want to gain value through their higher education. Let us get right into the duration of both courses. 

ProgrammeDuration
MBA24 months (15 to 20 hours per week)
PGCP in Management40 Weeks (7.5 hours per week)

Course eligibility criteria: MBA vs PGCP in Management

There is little to no difference in how the Indian job market treats individuals with either PGCP or MBA. Most of the time, the reputation of the course solely depends on the name and brand of the institution. The course eligibility of MBA and PGCP in Management has subtle differences.

Here for an MBA degree and PGCP course, you must meet the following requirements –

CourseAcademic QualificationProfessional Experience
MBA (Indian Students)Graduates (10+2+3) in any discipline from recognized universities/ institutions, or an equivalent qualification as recognized by the Association of Indian Universities (AIU) with a minimum of 50% of marks or equivalent grade.One year of work experience in reputed organisations
MBA (International Students)Graduates (10+2+3) in any discipline from recognized universities/ institutions, or an equivalent qualification as recognized by the Association of Indian Universities (AIU) with a minimum of 50% of marks or equivalent gradeCandidates must have completed a graduation degree certificate of equivalence from the Association of Indian Universities required for students with foreign education to apply to any university in India.One year of work experience in reputed organisations
PGCP in ManagementGraduates from recognized universities with minimum of 50% marksMinimum 1 year of industry experience from reputed companies

Course fees: MBA vs PGCP in Management

The fee for MBA is higher when compared with PGCP. The difference might be due to the financial aid and tuition fee between the programs. However, this is not an ironclad rule, since some institutions offer MBAs with low-cost factors, especially in government-approved universities. Here we have compiled the cost factor for both courses.

CourseFees
MBAINR 2,60,000 (INR 65,000 each semester)
PGCPINR 1,80,000 (all inclusive)

In a nutshell  

Their capabilities and professional endeavours define an individual’s career path. The key takeaway for the ultimate guide is to visualise the career path, be it MBA or PGCP in management. In short, if you are from a different field and looking for a career change, then you can go for PGCP in management. 

On the other hand, if you wish to explore the in-depth details of how a business and an organisation work or to want to enter the research field, then an MBA should be your go-to option.

And while you are contemplating choosing the one, be sure to enrol in the management courses (MBA and PGCP) provided by the Manipal Academy of Higher Education (MAHE) through Online Manipal. The course will help you to take your career forward by equipping you with essential industry skills. Focus on what you want, your career choice, and what is in demand in the industry and job market will help you to align your professional goals, bringing out the best in you at every step of your career.

What makes TAPMI PGCP in Management different?

Key takeaways:

  • The TAPMI PGCP in Management is a unique programme that combines a solid foundation in business management with an extensive understanding of the latest management practices, strategies and concepts.
  • It is designed to improve students’ knowledge, skills and abilities to effectively manage organisations. It is an intensive course of study that will allow students to acquire practical knowledge in all areas of business management as well as theoretical knowledge about how organisations function.
  • It provides students with a strong foundation for their future careers as managers or entrepreneurs by equipping them with knowledge of contemporary managerial practices and strategies.

PGCP in Management is a unique Postgraduate Certificate Programme designed by TAPMI. It helps you understand the current business environment and develop your leadership skills. It enables you to interact with global leaders, learn from their experiences, and apply them to your own career.

TAPMI is ranked 32 by NIRF in terms of best management colleges in India. Its post graduate program in management offers specialisations such as general management, marketing, human resources and banking financial services (BKFS). It has an excellent track record of placement and is one of the most sought-after programs by top companies in India.

The curriculum is designed by experienced faculty members who are industry professionals. It helps you develop strong communication skills that will help you in any competitive environment. The course will also give you practical knowledge about various industries and help you understand how they work so that when faced with challenges, you can handle them effectively.

Additionally, the program focuses on developing soft skills like teamwork, leadership, communication and problem-solving ability, which are essential for any professional today. You will have access to various learning resources, including books and journals, and online resources such as videos, webinars and podcasts, which will help enhance your knowledge base so that you can understand how things work in the real world. 

TAPMI is a brand itself

The TAPMI PGCP in management program which is available on Online Manipal, is one of India’s most sought-after management courses. 

If you are interested in pursuing management studies at TAPMI, here are the top things that make this program different from other schools:

  • Total (100%) placements

TAPMI PGCP in Management has a proven track record of providing students with complete placements. TAPMI has an unbeaten record of the students who have graduated and have received job offers from companies like Accenture, Deloitte, Wipro and many more.  

The school’s placement cell works hard to ensure that all students are fully prepared for their interviews and ready to take on the roles offered by various companies.

Diversified environment

The certificate course in business management has a diverse student population because of its international exposure. The programme is designed to take students worldwide, where they can learn from different cultures, see how businesses are run in other countries, and meet people from all over the world. This experience is invaluable for aspiring managers who want to work with people from different backgrounds and cultures.

  • Brandscan

The BrandScan programme is a unique initiative that helps students learn about the importance of brands and how to develop them. It also allows them to work with some of the best brands and companies in India.

BrandScan was started by TAPMI PGCP to help students understand and identify the different aspects of a brand. By providing students with hands-on experience and exposure to real-life scenarios, BrandScan aims to help them build their own brand identity and develop a healthy awareness of how brands operate.

  • Leadership assessment and development centre

Leadership is not a function; it is a mindset. It is not something that can be taught as a subject in an MBA programme; it needs to be internalised by the individual before they can become a leader. The Leadership Assessment & Development Centre aims to help you achieve this.

There are two critical elements to leadership- knowledge and skills. Knowledge refers to what you know about yourself and your surroundings, while skills refer to how well you can express that knowledge through action. 

The first step towards becoming a leader is to develop self-awareness- understanding where you stand regarding learning and skill development. This can be done through the Leadership Assessment & Development Centre (LADC).

  • Rankings 
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The TAPMI is a centre of excellence that has been providing outstanding education and professional services for over 30 years.

It is one of the seven institutes in India and 5% of the top business schools worldwide, accredited by Advance Collegiate Schools of Business (AACSB) and the Association of MBAs (AMBA). 

Executive programme for experiential learning

The TAPMI PGCP in Management is a unique programme that offers an opportunity to get a hands-on experience through internships and projects. This course is ideal for those who wish to pursue a career in management or want to deepen their knowledge of the subject.

What do you get from this programme?
Build management expertiseGet hands-on experienceJoin a large alumni communityLaunch a successful career

  • Build management expertise

The TAPMI PGCP in Management programme is focused on developing your management skills. You will learn to manage people, processes, and information systems to achieve organisational goals.

If you are interested in pursuing a career as a business management professional, this programme is for you. The coursework will help you build your management expertise by introducing subjects such as organisational behaviour, human resource management, marketing management and strategy. 

You will also get an opportunity to learn about various strategic business practices such as mergers and acquisitions, business ethics, corporate restructuring and international business.

  • Get hands-on experience

The programme emphasises experiential learning through real-life projects and internships, allowing you to apply your theoretical knowledge in the industry. Each student is assigned a task where they can work with industry experts to solve problems related to the business world. This helps them gain hands-on experience, which will be helpful when they start their careers after graduation.

  • Join a large alumni community

TAPMI management certification programme is one of India’s most popular management courses. It has a vast alumni community, and there are several opportunities to meet fellow students and alumni after graduation. The programme also has a solid social media presence, so you can stay connected with your classmates on LinkedIn, Facebook and Twitter. 

Many students participate in networking events organised by the college during their time at TAPMI, which helps them make connections that last beyond graduation.

  • Launch a successful career

Students will be able to launch successful careers after graduating from this programme because they would have gained valuable knowledge about business practices and management strategies through classroom instruction and hands-on experience during internship opportunities at organisations in their field of study.

Who should apply for this course?

If you want the education and training required to succeed in today’s business world, TAPMI PGCP course is the perfect pick for you. This programme is appropriate for professionals looking to – 

  • Integrate job roles and classroom learning in real time

The TAPMI PGCP in Management course is industry-oriented, integrating job role requirements with classroom learning. This way, you get theoretical knowledge and practical insights on how to apply your learnings to real-world situations.

  • Get customised inputs on personal growth and career development

The TAPMI PGCP in Management course allows you to get customised personal growth and career development inputs. This is because the faculty members of this course are highly qualified and have a wealth of experience in their respective fields. They will guide you in developing relevant skills for your industry and help you prepare for future challenges.

  • Specialise in Capital Markets, Marketing, Business Analytics & AI

TAPMI’s PGCP in Management course provides specialisations in Capital Markets, Marketing Business Analytics & AI. These specialisations are designed to provide students with the skills necessary to thrive in today’s business environments.

The core courses provided by this programme are – 

  • Business management– A comprehensive understanding of the core concepts in business management, including a focus on strategy formulation and operationalisation.
  • Financial accounting– An in-depth knowledge of financial statements, balance sheet and income statements, and the main elements of financial accounting.
  • Financial management– This course covers capital budgeting, cash flow forecasting, working capital management and capital structure decisions.
  • Marketing management– An understanding of marketing management principles, including market research, product positioning and pricing strategies, will be provided through this module.
  • Operations management – This course focuses on operations planning and control processes across manufacturing and services industries.

Eligibility for TAPMI PGCP in Management 

TAPMI’s PGCP in Management is open to candidates with a bachelor’s degree in any stream. The eligibility criteria for this course include the following:

  • The minimum eligibility requirement for this course is a Bachelor’s Degree with at least 50% marks or equivalent in any discipline recognised by UGC/AIU.
  • A minimum of 1 year’s industry experience from prestigious companies is a must.

Is there a demand for TAPMI PGCP courses?

The demand for TAPMI PGCP management courses is high as the number of students who have enrolled in this course has increased over the years. 

The program aims at enhancing managerial skills of students and equipping them with practical knowledge and skills required to manage projects efficiently. It also helps them develop soft skills such as communication, decision making, critical thinking and leadership abilities. This course aims at developing a holistic approach towards project management which includes planning, organising, controlling and executing tasks associated with any project.

Conclusion 

The online PGCP in Management course by TAPMI is an excellent option for anyone looking to pursue a high standard certification course. Available at Online Manipal, the programme is designed for working professionals and prepares them for challenges of today’s business world, as it focuses on working in teams and developing leadership skills.

The certification course in management takes a strategic approach to management education by covering all areas of business management and provides students with the opportunity to choose specialisations they are most passionate about. This curriculum allows students to tailor their degree to fit their career goals, making it an ideal choice for those who want to be involved in both management and entrepreneurship.

With this course, you will get a valuable exposure to expertise, including high standards of quality and excellence without compromising on convenience or cost. The program is designed for busy professionals who have to balance work, family, and school. We offer various flexible payment options that make it easy for you to pay for your classes monthly or all at once if that suits your budget.

Is an MBA worth it for working professionals?

Key takeaways:

  • A Master of Business Administration (MBA) degree is a graduate degree that provides theoretical and practical knowledge of business or investment management.
  • MBA is a great career option for students and working individuals to advance their careers and have better job prospects.
  • You do not have to quit your current job to pursue an MBA. You can easily manage both work and MBA if you enrol for the course online.

An MBA is a good career option because if you want to grow as a working individual. A Master of Business Administration (MBA) degree is in higher demand than ever, and more people opt for it because of the real-world skills students can acquire. 

Many recruiters consider an MBA degree holder a great asset to the company due to the knowledge and skills they possess from an MBA degree. MBA is highly important and useful to advance your career or for better job prospects.

You can pursue an MBA right after you finish your undergraduate degree or a full-time job. An MBA degree helps improve certain important skill sets that recruiters are looking for in their employees. An MBA degree in your resume will easily help you stand out from your competitors and gain a complete advantage over them. 

Is it a good idea to pursue an MBA after work experience?

It is an even better idea to pursue an MBA after gaining work experience as there are numerous advantages. Concerning your career, your experience in the field holds much more importance than a degree. So by gaining work experience, you are already a few steps ahead of your peers.

Below are some of the advantages of pursuing an MBA with work experience –

  • Better clarity

You will have clearer goals regarding where you are heading and your career path with some years of work experience in hand. Once you have a better and solid career plan ready, you can move on to pursue an MBA to strengthen your chances of excelling in your field.

  • Improved skill set

After working in a corporate environment, you will develop certain soft skills that will prove to be highly valuable for you in the future. You will be acquainted with some real-world skills such as communication and interpersonal skills that, along with an MBA course, will easily land you your dream job in the future.

  • Practical experience

An individual with work experience will understand the practicality of the concepts taught in the MBA programmes, which will help them better understand the problems and offer sensible solutions. Having a practical viewpoint is important to grasp the teachings better and to understand the real-world applications of the same. 

  • Quick career advancement

After you have gained a few years of work experience, it will be easier for you to land jobs of your interest right after you have finished your MBA, and there is no doubt that you will have a better hold in getting a job with the MBA certification and the previous work experience. 

How will an MBA help in the career of a working professional?

Pursuing an MBA helps the most in the career of a working professional as it accelerates the career path of the working individual. Many companies require the individual to hold an MBA degree to hire you in a mid-management role. MBAs can completely change the direction of your career path for good, and it comes with several advantages as well, especially if it is from a recognised business school.

Some reasons why MBA helps in achieving career goals for you as a professional individual are discussed below –

  • It helps you learn advanced management and analytical skills required to work in a higher post in a company
  • It helps you understand the new and prevailing market trends
  • Offers promotion to a higher post, including salary increment
  • Provides opportunities to develop important soft skills such as leadership and interpersonal skills
  • Lets you grasp advanced level of knowledge and showcase higher potential to the recruiters or hiring managers
  • Offers better career prospects
  • Better networking in the respective field

Should I consider MBA for a career switch?

If you are planning a career switch, then no degree is a better choice than pursuing an MBA. After you finish the MBA course, many doors open up to you, and there are a plethora of options awaiting you to choose from. You will meet people with various career paths and experiences, and this will give you an opportunity to either advance in your current career or switch to a completely new career and excel in it. 

Here are a few of the many reasons why an MBA is a perfect choice for a career  –

  • You can build some very new skill sets which will make you an attractive candidate for a career switcher
  • Business schools help a great deal in building networks for your new career in different industries
  • MBA will groom you in developing transferable skills that will be essential and helpful in your new career
  • Opportunity to interact with people pursuing different career paths, which will help you choose/find yours.

According to a survey conducted by the Association of MBAs in November 2020, 62% of respondents had planned to change their career paths by the end of their MBA programme.

Career scope after completing an MBA

There is a lot of scope for a career after MBA for aspirants looking to grow in their respective fields. There is a vast amount of career options you can choose from after successful completion of an MBA. Usually, you will be able to figure out a career that interests you by the time you finish the course. 

The MBA course gives you knowledge making you ready for different careers of your choice. As an MBA aspirant, you need to know about different career specialisations to take full advantage of the course. 

Let’s explore some of the career specialisations or job profiles you can choose with an MBA degree –

Jobs in MBA FinanceCredit Analyst, Financial Manager, Accounting Manager, Treasurer, Finance Analyst, Insurance Manager
Jobs in MBA MarketingCustomer Relationship Manager, Analytical Marketing, Business Marketing, Corporate communications Head, Brand Manager, Asset Manager, Media Planner, Advertising Manager, Retail Manager
Jobs in MBA Operations ManagementPurchasing Manager, Inventory Coordinator, Operations Manager, Logistics Manager, Operations Consultant, Project Manager, Supply chain Manager
Jobs in MBA Human Resource ManagementHuman Resource Manager, Staffing Director, HR Training and Development director, International HR Professional
Jobs in MBA Information TechnologyProject Manager, Help Desk Manager, IT Manager, Product Owner, Programme Manager, Information Systems Security Manager, IT infrastructure project manager

Is work experience necessary for an MBA?

No, most business schools in India don’t require work experience to start your MBA programme. However, a few years of work experience gives you an added advantage over freshers. 

But if you have a fixed career goal and are ambitious enough to pursue further knowledge in your field of interest, then you should opt for the MBA programme right after your undergraduate degree. By the end of your two-year MBA course, you will have a clearer idea of your career goals and quickly find jobs. 

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Consider MAHE MBA if you are a working professional

The Manipal Academy of Higher Education (MAHE) through Online Manipal offers a two-year MBA online course. It is the right choice if you are a working professional. The online MBA programme at Online Manipal lets you explore a wide range of specialisations and offers business education that will be in high demand in the near future. 

As a working individual, you can focus on your job fully and study for your course at your own pace, and the course is designed to allow flexibility in choosing when to study. This will ensure no interruptions with your busy work schedule.

How will MAHE MBA help you in career growth?

Upon completing the online MBA programme with Online Manipal, you will receive a certificate from the well-recognised Manipal Academy of Higher Education (MAHE). This will be a great addition to your list of qualifications in your resume. The curriculum of the online MBA programme is designed in such a way that it benefits the pressure-filled lives of working individuals. 

Moreover, you will get the opportunity to interact with, learn from and gain insights from the top experts in Business Management directly, which will enhance your skills and give clarity to your career goals ensuring growth in your career after your MBA. 

Do an online MBA without quitting your job

Now you don’t have to quit your job to pursue an MBA online. You can easily juggle work and MBA studies with time management and planning. Moreover, the online MBA courses are designed keeping in mind the stresses of managing the work environment with studies. So the road is straight and clear. If you are passionate about building a strong career, don’t think twice and sign up for the online MBA course to advance your career and reach greater heights. 

Bottom line 

You might ask yourself, is MBA required for career growth? The answer is Yes. Today nearly every undergraduate degree holder is looking to complete an MBA, and it is in high demand for almost all positions in the corporate world. MBA enhances your career and offers numerous opportunities that will help you improve your job prospects and grow in your career. 

Take a look at Online Manipal’s MBA Programme, which will prepare you for the business world and improve your skill sets. See how an online MBA will add value to your career by learning from the top experts, gaining insights and applying the knowledge for your career growth. 

PGCP in Management course details

Key takeaways:

  • A postgraduate certificate programme in management is a course of higher studies in management, that serves aspirants to acquire a shiny edge and emerge as the best candidate for reputable management jobs.
  • PGCP in Management broadens the scope of career options for you. It will even allow your exploitative spirits to flourish in this field’s newer areas. 
  • The programme is for professionals who want to integrate job experience and classroom learning in real-time, gaining in depth insights to promote personal growth and career development.

The business vertical across the globe is constantly evolving and is more dynamic now than ever. To remain prepared and stay ahead, post-graduate certification management course is a great pick. It will educate and enable them to manage their businesses, contributing to the economy of the nation in various ways. 

The PGCP in management provided by TAPMI through Online Manipal offers different sought-after skills, allowing students to obtain effective strategies, frameworks, and knowledge.

An individual’s career development requires him/her to go beyond the core subject area, obtain a prominent presence in the venture, comprehend business tasks and gain a multidisciplinary way of dealing with management. PGCP in management is an exceptional module designed to broaden your viewpoint in business, master key skills and enhance your authoritative abilities. 

In short, after completing the management course, you will be able to recognize, define and tackle complex issues in the real-world environment, aiming to drive advancement and hierarchical change. 

Scroll down to explore the comprehensive PGCP management course details and its role in amplifying your learning experience and career prospects. 

What is PGCP in management?

The Postgraduate Certificate Programme in Management is a programme designed for working professionals who wish to boost their managerial career prospects. The primary objective of this master’s level course is to deliver managerial skills accompanied by efficient career options. This course is meant to train professional candidates and fresh graduates for various IT firms, financial positions, consultancy firms, and MNCs. 

A PGCP in management also provides flexible learning alternatives from excellent e-learning platforms like Online Manipal to study while you work. There are countless opportunities for aspiring individuals to acquire both theoretical knowledge and hands-on experience during the course of this programme.

Why consider a business certification programme?

Gain Competitive EdgeBoost Productivity and EfficiencyEnhance your Earning Potential Establish credibilityGrow your skills and knowledge

A professional certification sets one apart, making them a valuable asset to an organisation. A business certification program validates an individual’s high level of expertise and adds value to their resume, helping them to move to the next level in their career. It is a trusted tool that aids in your career growth to a great extent.

In short, a certification in management speaks about your professionalism, serves as proof of your qualification, and boosts the credential of your professional image. Here are some aspects of how a business certification program helps you mark your potential in the competitive industry.

  • Greater competitive edge

When you have business training that other candidates don’t, it will differentiate you from them in the field. It also shows your impeccable commitment to excel in your profession, eventually providing you a competitive advantage in today’s market. It is because the certification prepares you to deal with real-world challenges, aiding in improving the productivity of your profession.

  • Improved efficiency

A business certification program will offer extra training and complete knowledge, ensuring that aspirants become employment-ready and need less training than other candidates. The certification will imbibe you with up-to-date tools and skills, training you to manage all aspects of work efficiently. Potential employers appreciate independent professionals since it saves their valuable resources. 

  • Boosting earning potential

This might be the most important benefit of considering a business certification programme, enabling you to earn more with better raises and attractive bonuses. Very simply put, the time and effort you have invested in the certification program will get you increased income. 

  • Commitment and credibility

Considering the increasing number of companies, non-profitable organisations, and government agencies, gaining a recognised business certification is inevitable to prove your worth. It helps you to display your commitment to your role, professionalism, industry standards, and learning. 

Overall, it will help you to enhance your credibility and prestige within and wide around your network, whether you are looking for new business opportunities or bidding on projects for new clients.

  • Grow your skills

A business certification program will help you obtain new and updated industry-relevant skills and techniques, helping you in honing your abilities. This will increase your competency and confidence while you are establishing the groundwork to incorporate a more effective professional environment. 

Career prospects after pursuing a PGCP course 

A consistent thirst for knowledge is key to growth and achieving success in the ever-evolving business world. Completing a postgraduate certification in management will widen your scope to impressive and desirable management jobs. 

Through this course, individuals will be able to carve innovations in the business world with a touch of high quality and creativity. Simply put, the course will act as a complete realistic server for individuals to aim for one of the top titles in management. Here are a few areas where your hard-earned expertise is in demand. 

  • Private sector jobs

Various aspects of organisational units seek management students. Private companies generally look at your institution before hiring you. Otherwise, you can always go for entry-level jobs in marketing, finance, human resources, research, information technology, etc.  

  • Public and manufacturing sectors 

Although limited, a range of specialisations also exists in the public sector. In fact, applying for roles in manufacturing firms and industries will provide you with the strong foundation and exposure you need to grow well in any given field. It will give you real-time application of management concepts.

  • Research organisations 

Research organisations recruit postgraduates for the job profiles of success analysts and analytical experts because of their mastery in numbers. As the field moves forward, enrolling in PGCP in management will keep you up to date.

  • Business consulting 

Students trying out experimental areas through PGCP in management courses can benefit and find the relevant experience they are looking for in business advisory or consulting. As a financial advisor in financial institutions, a similar vacancy would be available in a tech firm and IT advisor. 

  • Entrepreneurship

A postgraduate certificate programme in management will help you acquire the skills you need to enter the world of entrepreneurship. 

  • Marketing Management

Marketing management programs are among the in-demand jobs today. It covers all aspects of marketing, such as product marketing, brand promotion, creating customer awareness, etc. The course helps you acquire the must-have skills – networking and communication skills.

  • Healthcare and Hospital Administration

The requirement for hospital management has risen in India over the past few years along with the increasing demand for healthcare facilities and policies. Healthcare administrators provide non-medical backup services of general management, coordination, and other post-operative care that are essential for good reputation of hospitals and healthcare institutions. 

What are the benefits of PGCP in Management?

Going for a postgraduate certification program in management will help you in countless ways, from acquiring transferable skills to analysing a project. Furthermore, it will train you to address global business needs and incorporate effective strategies to solve them.

Enrolling in a PGCP course at the best online platform will offer you more than an enriching learning experience, help you glorify your resume, and advance your skills. Several factors can positively influence a person’s career if they are pursuing a PGCP in management. Check out some of the potential advantages of choosing certification course in management.

  • Exposure to external environments

A PGCP in management allows you to learn effective ways to tackle complex problems in a global business environment. You will learn how essential perceptions, opinions, and values of entrepreneurs affect the economic structure and the ways to deal with them. Such a problem-solving approach will help you gain valuable hands-on practical experience.

  • Increased salaries

The postgraduate certification course in management helps aspiring candidates to acquire a vast amount of knowledge and industry experience through its extensive curriculum. The course teaches students everything from basic concepts to complex problems, preparing them to take on the desired or top-level managerial/ executive position in the management sector with a higher pay scale.

  • Deeper understanding of the role

The primary goal of a management professional is to implement effective solutions and coordinate the action of the team to accomplish the goals and visions of the organisation. PGCP will help you understand the description of the role, daily tasks, fundamental responsibility, and more ins and outs to become a better and successful profession.

  • Better decision-making skills

Managerial professionals must be able to make a decision promptly and precisely. Preparing yourself with a post graduate certification course in management will help you recognize the importance and strategies of the decision-making process, inspiring a positive mindset. A good decision should be made through social, political, and emotional factors.

Eligibility criteria for PGCP in management

During the course, the candidate will have the opportunity to develop a better understanding in the role of the entrepreneur, ways to solve business issues and develop a strategy to succeed in the competitive marketplace. The course equips them with the knowledge required to meet the needs of management in the digital era and make the best out of it. Nonetheless, as a renowned certification course, PGCP in management wants the candidates to meet certain requirements. The eligibility criteria for the programs are mentioned below

Educational QualificationGraduates of any degree from recognised universities with minimum 50% marks
Professional ExperienceAt least one year of relevant industry experience from reputed organisations.

Conclusion

Pursuing a PGCP in management adds a great value in your resume. In the digital era, one needs to stand out from the crowd with great entrepreneurial abilities to become a potential creative leader in the field of management. 

The course duration itself presents you with loads of stellar opportunities to gain experience while you are learning the coursework. This professional certification by TAPMI will give you a headstart in the recruitment phase among your competitors. Also, the benefits of it are endless as job responsibilities, and profile will be one that fits your high qualifications. 

Online Manipal, through TAPMI, offers you a postgraduate certificate programme in management to help you gain success in the long term. The course is designed to deliver multi-disciplinary and multi-sectoral management education, allowing you to emerge as a competent individual in the management arena. In a nutshell, the program will encourage you to explore the current dynamic business environment and encash the available opportunities to grow and flourish.

Globalising Rupee in global trade – Is RBI thinking in the right direction?

Have you ever wondered why countries trade? Countries trade due to the differences in technology, resources endowment, demand, government policies and existence of economies of scale.  

Let us understand what happens when Indian Rupee depreciates. When we say that Indian Rupee value has fallen against US Dollar, it means that Indian products has become cheaper in the international market. When Indian products become cheaper, exports increase whereas India has to shed out more Rupee against Dollar, thus making imports dearer. 

Common terms used in international trade: 
Terms of trade – the ratio of country’s export and import price
Exchange rate – price of a country’s currency in terms of another currency. Eg: USD 1 = INR 80
Depreciation of currency – fall in the value of currency in terms of other currency
Appreciation of currency – is when the value of currency appreciates in terms of other currency

Dominance of Dollar in global trade 

After World War II, global trade was dominated by dollar as the US turned the world’s biggest economy. In 1944, Dollar was stable as compared to any other currencies and was pegged to gold. In 1970, Dollar was delinked from gold and then came the floating exchange rate, which means exchange was now determined by the market forces.  

Difference between the international trade with Dollar and trade in Rupee 

When Russia invaded Ukraine, America imposed sanctions which removed them from SWIFT network leading to many challenges in trading for India and other countries. Now the question is what the SWIFT network is and how it works. 

Let us say Company A of India has to import from Sri Lankan company B. There are six entities involved in this method, Indian trader Indian Bank, American Bank I, American Bank II, Sri Lankan Bank, and the Sri Lankan trader. 

Now the Indian Bank will have an account in American Bank I in Dollars in the same way the Sri Lankan will have an account in America Bank II in Dollar. Let us suppose Company A has to import goods worth of INR 1 crore from Sri Lanka, they give Indian Bank INR 1 crores and will ask to give INR 1 crore worth Dollar to American Bank II to pay to Sr Lankan trader. This INR 1 crore worth Dollar to in American Bank I will be converted according to the current exchange rate, say $1 = ₹80, which means $125,000 and transferred to American Bank II. Now the American Bank II will deposit the equivalent of $125,000 worth of Sri Lankan Rupee in Sr Lankan Bank, then Sri Lankan Bank will pay the Sri Lankan trader. This SWIFT system requires a lot of calculation and complex transaction management. The system is controlled by US and Europe; they can impose sanction on any country as they did on Russia who can no longer trade through SWIFT.  

Internationalising Rupee 

To reduce the dependency on foreign currency, India plans to soon select its trade in Indian currency. International trade settlement in this case requires involvement of trading partner country and its bank. Indian banks will be allowed to open special Rupee vostro account of bank with trading countries. All payments will be channelled through vostro account, as was in the case of crude oil imports from Iran. If such deals are signed with more countries, it will be a big step in internationalising the Rupee.  

SBI Group Chief Economist Soumya Kanti Ghosh said in a research note that the RBI should make a “conscious effort” to internationalise the Rupee and the payment disruptions caused by the Russia-Ukraine war offers a good opportunity to insist on export settlement in Rupee, beginning with some of the smaller export partners. 

Let us understand how it works with a simple example – 

  • Countries must be interested to trade in Indian Rupee 
  • Both countries should open vostro accounts in their respective countries. Eg: if India is trading in Rupee with Russia, Russia should have a vostro account in India and vice versa 
  • Both should have reserves in local currency 

Suppose India wants to export to Russia. Russia will pay in their currency – Rouble. This payment will not be made to the exporter directly but will be deposited in their Indian bank account. The bank will then calculate it in Indian Rupee and pay traders in Rupee (this conversion between Rupee and Rouble will happen according to the exchange rate determined by market forces).  

Application of trade without SWIFT network in real-world scenario 

Suppose an Indian trader wants to import goods from a trader in Russia without SWIFT network in Rupee or dollar. Russia will have bank account in an Indian Bank with money in Indian Rupee, which is nothing but a vostro account (an account maintained in Rupees by a local bank for a foreign bank). Now, the Indian trader when importing goods from Russia will pay to Russian account in Indian bank (vostro account) in Rupee, the Russian Bank will pay to the Russian trader in Rouble according to the market exchange rate. The same happens when the Indian trader is exporting goods to the Russian trader. In such cases, all transactions happen through the vostro account. 

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How will internationalisation of Rupee benefit India? 

  • This will increase the demand for Rupee as foreign traders will require Indian Rupee 
  • It will help in preserving foreign reserves which in turn reduce our trade deficit 
  • Trade easiness with countries like Russia, Sri Lanka and Iran means saving for both the sides, if the trade happens with Dollar 
  • It will enhance our integration into the global economy 
  • Promote development of financial markets 
  • Increase international trade with South Asian countries 

Why RBI decided to take such a step? 

All said, it is not an easy step, as Dollar is widely recognised and is the strongest currency of choice for international trade. Another Asian giant- China- has been trying for several years but could still contribute to only 3% of global trade transaction. This decision has been taken to promote global trade, lower transaction cost and motivate exports with partner countries. This is not just a fair deal from the economic angle, but also an important move from the geo-political angle.  

Reference: 

https://www.business-standard.com/article/opinion/trade-in-rupee-a-little-step-forward-but-nothing-more-122071701064_1.html

https://www.euromoney.com/article/b12knpn8zhpl3j/india-globalizing-the-rupee

https://www.business-standard.com/podcast/economy-policy/will-the-rupee-settlement-plan-be-a-game-changer-for-india-122071300111_1.html