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What can you do with a PGCP course?

The PGCP program has a lot to offer students interested in pursuing a career in business, management, supply chain, business analytics or other fields. The program covers everything in the domain, allowing you to pursue your interests through various subjects including 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 program, a postgraduate certificate program may be a great option. It provides the education in lesser time than any postgraduate program.

What is a PGCP course?

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

What makes a PGCP 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 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 programs varies, but most take about one year to complete. 

This program 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

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

You may be interested to know who should pursue PGCP in Business Analytics.

PGCP scope: What jobs you can get with a certificate program

  • 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, analyze 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 analyzing large amounts of data and turning it into helpful information for their organizations. 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 organizing 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 organization’s mission or operations and develops plans to minimize 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 analyze 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 specialize 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 organizational 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 course worth it?

A  PGCP 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.

While the requirements vary from employer to employer, most 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 preliminary courses.

Students should start by taking courses covering basics. They will also learn leadership development and communications skills since these are important for jobs in the workplace.

About the PGCP programs at Online Manipal platform

The PGCP courses from top-notch institutions available at Online Manipal offers a unique combination of industry experience and academic knowledge. Currently, Manipal Academy of Higher Education (MAHE) offers PGCP in Business Analytics and PGCP in Logistics & Supply Chain Management. These online programs help 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 domain-related topics.

The teaching methodology used by MAHE is based on experiential learning through case studies, projects, 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 organizations across India and abroad. 

Wrapping up

The PGCP courses designed by MAHE through Online Manipal is a great way to get a broad overview of all the different aspects domains. It will help you understand the principles, as well as how to apply them in the real world. The course will also introduce you to various tools and methods to help you become a successful manager.

Key takeaways:

  • PGCP courses will help you gain a deeper understanding of the chosen domains. 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 organization 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.

Data Visualization Specialist: Roles, Responsibilities, and Salary

In today’s data-driven era, data is being generated at an unprecedented rate. As the data landscape evolves, it has become important to leverage accessible ways to view and understand data. Data visualization comes to the rescue in such situations.

Data visualization is pivotal in making sense of all this information and turning it into actionable insights. Considering the current pace, the global data visualization market will grow at a CAGR of 9.69% from 2020 to 2027.

As big data and technology industries continue to grow and evolve, customized reports and dashboards will become integral to businesses, implying increasing demand for data visualization professionals.

What is Data Visualization?

Data visualization means transforming data from numbers and figures into a beautiful visual representation, making the data more understandable. The tool assists businesses in identifying factors affecting customer behavior, indicating areas that require improvement, and making data more memorable.

Benefits of data visualization include:

  1. Simplifying large and complex data: Data visualization creates small ‘packages’ (units of information) to convey ideas that can be stored in your viewer’s short-term memory.
  2. Accelerate decision-making process: Decisions may be made more quickly with data visualization, and viewers can see patterns and trends much more clearly.
  3. Discover hidden patterns and outliers: With data visualization, businesses can discover trends, patterns, and relationships that are not easily discernible from numerical data.

Also read: PGCP in Data Science & Machine Learning (PGCP-DSML)

Who is a Data Visualization Specialist?

Data visualization specialists are professionals who can represent raw, scientific data as images and provide a clear and intuitive approach to processing big data analytics.

The key responsibilities of a data visualization specialist are:

  • Generating visual depictions of text-based or numeric data to reveal patterns, trends, or correlations between different points
  • Creating dashboards to showcase information
  • Creating and editing visual content such as maps, charts, scatter plots, and graphs
  • Helping decision-makers gain an overview of patterns, trends, and insights and draw actionable conclusions

Skills and Qualifications

A bachelor’s degree in information technology, computer science, data analysis, computer science, data science, statistics, or mathematics is recommended for pursuing a career in data visualization. A master’s degree or a certification course in data visualization can get you better, higher-paying jobs.

Technical skills required for a Data Visualization Specialist

  • Proficiency in data visualization tools – As a data visualization scientist, it is very important to select the right software tools (Tableau, Power BI, etc.) to highlight the objectives best when presenting data. 
  • Knowledge of data manipulation and cleaning techniques – Ability to detect outliers and remove multicollinearity.
  • Understanding of design principles and aesthetics – Ability to select the right color and contrast to enhance your visual content and eliminate obscure visual elements.

Analytical and communication skills required for a Data Visualization Specialist

  • Strong storytelling and presentation skills – Drafting a compelling narrative using storytelling.
  • Ability to analyze complex data sets and identify key insights – Proficiency in data analytics, recognizing patterns, and developing audience understanding.
  • Collaboration and teamwork abilities – Coordinating with a team to refine and streamline the process.

Industry Applications

From healthcare and finance to hospitality, professionals work with data visualization scientists to gain important data insights. Here are a few real-world examples of data visualization use cases:

  • Healthcare: Data visualization finds use in analyzing costs and claims, clinical information, understanding patient behavior, and pharmaceutical information. Example: Apollo Hospitals, for example, use a combination of data analytics and visualization to work on their HIS (Hospital Information System).
  • Retail: Data visualization can provide insight into customer behavior. It can help businesses better anticipate customers’ demand and supply products accordingly. Reliance Group formed a private cloud with a visualization technique (tableau) to gain a competitive edge for its entertainment arm – Reliance Games.
  • Finance: Data visualization tools can help forecast market fluctuation in the stock market, develop instant products, and present a clearer picture of your cash flow. For example, ICICI Bank uses data visualization to facilitate better targeting and product alignment.

Also read: Role of Data Science in Stock Market Trading

Customized data visualizations can provide a tailored view of a specific topic based on the industry’s requirements. It involves modification of the dashboard per individual preferences and requirements.

Career Prospects for Data Visualization Specialists

The data visualization industry is expected to grow steadily and provide competitive salaries while ensuring good career advancement. An associate degree may be helpful, but a master’s or doctoral program can provide even more opportunities to achieve supervisory roles and better pay.

Data Visualization Specialist roles include the following:

  • Data Visualization Specialist
  • Data Scientist
  • Business Intelligence Analyst
  • Data Engineer

Also read: Master’s in Data Science: Key to UAE’s data economy

Data visualization is a skill that demands constant upgradation. To continuously sharpen your lifelong learning as a data visualization scientist, check out the MSC in Data Science program by MAHE.

Remuneration and Salary Range

The average yearly Data Visualization Specialist salary in India is 6.0 Lakhs, with salaries ranging from 2.1 Lakhs to 17.0 Lakhs. The salary for these professionals is mainly based on their qualification level, work experience, and data processing, analysis, and presentation abilities.

Job TitleAverage Annual Salary
Data Visualization Scientist₹ 8,00,000
Data Visualization Engineer₹ 9,76,133
Data Visualization Analyst₹ 6,02,784

Source

The benefits and perks commonly associated with a data visualization role:

  • Always high in demand
  • Scope for career advancement
  • High earning potential

Challenges and Best Practices

Managing data complexity and volume is the biggest challenge in data visualization. However, professionals can overcome these difficulties by managing incoming data quality, avoiding data duplication, and ensuring referential integrity.

Here’s how to protect data against misuse:

  • Having a robust data governance policy addresses this data privacy challenge.
  • An effective data governance program assures your organization the confidence to make data widely accessible yet secure.
  • Always use tools with end-to-end encryption, authentication, authorization, and backup features.

The best practice for effective data visualization and storytelling is focusing on four elements of effective storytelling:

  • Character – Target audience
  • Setting – Current scenario (such as a drop in sales figures)
  • Conflict – Identifying the root cause (such as product price or packaging)
  • Resolution – Propose a solution

Also read: The impact of business storytelling in the digital world

Tools and Resources

Here are some commonly used data visualization tools:

  • Tableau: Allows users to create visually appealing and highly interactive reports and charts.
  • Infogram: A visualization tool for social media to create infographics, charts, dashboards, and interactive reports.
  • Plotly: An open-source module of Python, Plotly can help create aesthetically pleasing, interactive plots.
  • Google Charts: A cloud-based data visualization tool to add interactive charting capability and enhance web applications.

Learning Data Visualization with MAHE

The Manipal Academy of Higher Education (MAHE) offers a 24-month online  M.Sc Data Science program that covers machine learning, big data analytics, statistics, and visualizations. The online degree course equips you with the knowledge and skills to deal with real-world data. Students will also learn to develop strategic and tactical recommendations without pausing their work schedule & other commitments.

Conclusion

The future of data visualization is brimming with opportunities. With interactive visualization, machine learning, and effective data storytelling, data visualization tools are expected to become even more powerful at simplifying complex information for a wide audience. As more and more companies seek to utilize the power of data, honing your data visualization skills can boost your career.

Popular Questions About a Career in Business Analytics

Business analytics (BA) is the art of leveraging data analysis, statistical modeling, and other quantitative methods to solve business problems. It entails a rigorous examination of an organization’s data, focusing on statistical analysis to inform decision-making. Successful business analytics relies on three key factors: high-quality data, knowledgeable analysts with industry and technological expertise, and a commitment to utilizing data to drive informed business decisions.

There are many career prospects in business analytics today because of the increased demand for data-driven decision-making across organizations. These include data and business analysts, data scientists, and so on. Students contemplating pursuing this esteemed course must read ahead to bust some myths and gain perspective about common questions regarding MSc in BA.

Frequently Asked Questions on MSc in Business Analytics

  1. What is the job outlook for professionals in the field of business analytics?

Business analytics professionals have a very promising future in terms of employment. Finding trained employees who can efficiently analyze and understand data is challenging for many organizations. This talent gap opens up many work opportunities for those with the necessary skills and expertise. According to recent projections, the analytics market in India will grow at a CAGR of 33.5% and generate over $3 billion in revenue yearly.

  1. What are the typical job roles and responsibilities in business analytics?

Depending on the organization and industry, specific job positions and duties in business analytics may differ, but the following are some typical roles and their duties:

  • A data analyst’s primary obligation is to connect data to choices that will increase the company’s production and efficiency.
  • A business analyst’s duties include evaluating and identifying potential improvements to the organization’s business processes.
  • Business analysts collaborate closely with stakeholders to identify business issues, collect and analyze data, and offer suggestions for decision-making based on that data.
  • A data engineer creates, updates, maintains, and tests new technology to ensure it can handle the algorithms created by previous data scientists.
  1. What industries and companies hire business analytics professionals?
SectorFirmExamples
TechnologySoftware development firms E-commerce platformsTechnology consultanciesGoogleAmazon Microsoft IBMOracle
FinanceBanksInsurance companiesInvestment firmsVisaGoldman SachsJPMorgan ChaseCitigroup 
HealthcareHealthcare technology companies Pharmaceutical companiesHospitalsJohnson & JohnsonPfizerUnitedHealth Group
  1. What qualifications and educational background are required for a career in business analytics?

Many companies lookout for candidates with at least a bachelor’s degree; however, some may hire applicants without an undergraduate degree. Additionally, you can study business principles and computer programming and pursue a minor in one of business analytics’ core areas to further your understanding. An advanced degree can lead to greater employment prospects and higher income.

  1. What technical skills are important for a successful career in business analytics?

To transform data sources into practical solutions, you must have a conceptual and practical understanding of tools and computer languages. The technical skills required for business analytics career include the following:

  • Structured Query Language (SQL)
  • At least one computer language, like Python or R
  • Statistical programs like SPSS, SAS, Sage, Mathematics, and Excel
  1. How can a fresher gain experience in business analytics before enrolling in the course?
  • Look for companies or organizations in your region that provide internships or co-op programs. These programs give you practical experience and let you work on actual tasks while being guided by experts.
  • Start working on personal projects that require you to analyze data and solve business problems. Choose a real-world business issue or difficulty, collect pertinent data, and use your analytical abilities to gain understanding and create solutions.
  • Enroll in online programs or boot camps that include real-world assignments in the curriculum.
  1. What is the average salary range for professionals in business analytics?

There is much lucrative salary potential in the business analytics field, the average being INR 6,25,000. A fresher business analyst can make up to INR 3,00,000 per year. Experienced analysts with over 15 years of experience can earn up to INR 12,90,000 annually.

  1. What are the potential career growth opportunities in business analytics?

As the need for people with strong analytical and strategic skills increases, business analytics provide several prospects for career progression.

A business analyst may advance to a senior-level position as they gain knowledge and experience. In this role, they may oversee teams, direct analytical projects, and work directly with stakeholders to promote data-driven decision-making.

Business analytics professionals skilled in data visualization and dashboard creation may choose to become business intelligence (BI) managers.

  1. What certifications or additional training can enhance my prospects in business analytics?

There are many business analytics certification options to learn BA basics for a headstart in the field. Look for business analytics certification programs or degrees that fit your job objectives. Consider obtaining business analyst qualifications to differentiate yourself from other job applicants and rise the corporate ladder faster. An active or most recent credential can demonstrate to employers that you possess the abilities, expertise, and track record necessary to succeed in a position.

The list of beneficial certifications you can obtain as a business analyst is provided below:

  • Certified Analytics Professional (CAP)
  • Entry Certificate in Business Analysis (ECBA)
  • Certification of Competency in Business Analysis (CCBA)
  • Certified Business Analysis Professional (CBAP)
  • Certification in Business Data Analytics (CBDA)
  1. How does business analytics contribute to the decision-making process in organizations?

Business analytics uses data analysis, statistical techniques, and predictive modeling. This is further used to produce insightful data that helps organizations make better decisions. It aids in the discovery of patterns, trends, and possibilities, enabling data-driven choices that improve performance, streamline operations, and drive corporate expansion.

How does MAHE’s MSc in Business Analytics help you?

MAHE’s MSc in Business Analytics aims to create business analytics specialists who want to establish themselves in the incredibly promising analytics and data science industries. The business analytics market sees a huge demand for qualified professionals across corporate sectors. The program will prepare candidates to apply analytics in functional business areas such as Finance, Operations, Human Resources, and Marketing. The course is interdisciplinary and application-oriented, built based on industry inputs.

Increased earning potential, employable business analytics abilities, and learning in-demand analytics tools are some of the program’s advantages and benefits.

Conclusion

In sum, business analytics uses data analysis, statistical models, and quantitative techniques to aid in decision-making inside organizations. It offers priceless insights that support business growth, process improvement, and strategic decision-making. Students who complete the MAHE MSc in Business Analytics program are prepared to succeed in the analytics sector, expanding their job options and raising their earning potential.

Top 5 Reasons Why MBA is the Best Through Online Manipal

An MBA is a postgraduate degree that offers students advanced management and business skill sets. It prepares students for leadership roles in both corporate and entrepreneurial settings by covering various topics like finance, marketing, operations, strategy, and leadership.

An MBA is essential for broad business understanding, problem-solving abilities, and educated decision-making. It provides chances for cooperation, networking, and hands-on learning. It also benefits professional development by raising earning potential and expanding career opportunities for senior-level positions.

An increasing number of students are pursuing online master’s degrees due to the development of faster internet technologies, contemporary integrated communications systems, and the coronavirus pandemic. Manipal Educational and Medical Group is renowned for its prestigious management programs, and it provides an online MBA program through Online Manipal to give working professionals and people who cannot attend on-campus lectures flexibility and accessibility.

To build successful career paths in the field and industry of their choice, learners can select from 13 career-focused electives, including HR, Finance, Marketing, Operations, International Business, and Analytics & Data Science. Let’s explore the top benefits of earning an MBA from Online Manipal.

Flexibility and Convenience

Two important elements that increase the benefits of an MBA through Online Manipal are flexibility and convenience.

  • Students can study at their speed and convenience with an online MBA program.
  • They can review materials, participate in conversations, and work with peers, thanks to the availability of video lectures, online discussion forums, and digital resources.
  • There are no geographical restrictions with an online MBA.
  • With a strong internet connection, students can access the program from anywhere in the world. This makes it ideal for people who cannot or do not want to relocate for their education.
  • Moreover, it allows students to customize their learning to fit their specific needs, making it a perfect option for those aiming to advance their careers while managing other responsibilities.

Quality Education and Accreditation

When assessing an online MBA program’s value and reliability, criteria like accreditation and recognition, highly qualified professors, and a practical and industry-relevant curriculum are crucial. You can acquire all three at Online Manipal.

  • When a program is accredited, it guarantees that it adheres to established academic criteria.
  • It ensures that employers and other academic institutions will accept and recognize the degree it confers.
  • The caliber of the teachers also greatly influences the total learning experience of an online MBA program. Leading academics from Online Manipal teach the courses to its pupils to ensure real-life learning beyond books.
  • Moreover, the online MBA program at Manipal is developed with practical application in mind and as per market demands.

Thus, you can make the most of your master’s experience with the flexibility of an online MBA through Manipal.

Key Highlights of Online Manipal’s MBA
Strong Placement Record
UGC-entitled
NAAC A+ accredited
Superior Placement Assistance

Networking Opportunities

An online MBA program through Online Manipal provides several advantages in networking with diverse students and professionals, collaborating online, and accessing alumni networks and industry connections.

  • It has a large alumni network for its online MBA learners as well. Accessing this alumni network might open up networking, career mentoring, and counseling options for students. Alumni can discuss job possibilities, provide helpful industry insights, and offer support as you progress through your professional life.
  • Students can contact industry leaders and experts through an online MBA at Manipal. This can be done through guest lectures, workshops tailored to particular industries, or university-sponsored networking events.
  • The online Manipal community is diverse, bringing a range of viewpoints, life experiences, and cultural insights to the classroom. Your horizons can be opened up, and interaction with a diverse cohort can improve your comprehension of international business procedures.
  • A helpful alumni network and meaningful friendships with alumni often lead to them referring MBA students for good job opportunities. It can help you land your first job and start your corporate career easily based on merit.

Cost-Effectiveness

The affordability of online MBA programs is one benefit that is frequently mentioned and what usually attracts students toward choosing these programs.

  • Tuition costs for online MBA programs are typically lower than those of their conventional on-campus counterparts.
  • Institutions may find it more cost-effective to conduct courses online, and these savings are often a blessing  to the students.
  • With an online MBA, you can study from the comfort of your home or any other convenient location. This saves you money on transportation expenditures.
  • Additionally, there is no need to spend money on housing on campus or moving closer to the university.
  • Traditional MBA programs frequently demand additional expenses, including meal plans, textbooks, parking, and utility fees. Conversely, there are fewer or no additional costs of this kind for online MBA programs.

Online MBA through Online Manipal brings you all of these savings.

Career Advancement and Global Opportunities

There are several benefits to earning an online MBA from Online Manipal, including prospects for job progression and travel.

  • Moreover, you can develop strategic thinking, decision-making, problem-solving, and team management knowledge and skills through specialized courses. 
  • Students will gain hands-on learning industry experiences through case studies and real-world projects.
  • Through its online MBA program, Online Manipal provides students access to job openings, career tools, and professional development services.
  • Job boards, aid with resume writing, interview coaching, and career counseling are a few examples of these services.

These tools can assist you in discovering new job avenues, moving up the corporate ladder, or even switching industries.

Conclusion

Online Manipal’s online MBA program provides convenience, flexibility, and a useful curriculum. It offers chances to collaborate online, meet people from other backgrounds, access alumni networks, and make contacts in the industry. With cheaper tuition costs and savings on travel and lodging, the program is more affordable than standard MBA programs. It improves managerial abilities, offers employment chances, and creates pathways for international career progression. Enroll in our courses today!

Business Analyst vs Financial Analyst: Find the ideal career

With titles like Business Analyst and Financial Analyst, it’s easy to find oneself confused. Although they might sound somewhat similar, each carries a unique set of responsibilities, skill sets, and perspectives that cater to distinct aspects of a business. Despite both titles containing the word ‘analyst,’ these professionals operate in different spheres, each contributing to the overall success and prosperity of an organization in their unique way. 

Who is a business analyst?

A business analyst is a professional who uses data to assess the processes, systems, and operations of a business and identify areas that can be improved. They are instrumental in guiding businesses in improving processes, products, services, and software through data analysis. Some of the roles of a business analyst include requirement gathering & analysis, business process improvement, data analysis, project management, risk management, and more. 

Who is a financial analyst?

A financial analyst is a professional who studies various financial data and uses their findings to help companies make business decisions. They work in a variety of sectors, including banking, insurance, investment services, manufacturing, and healthcare. Their analysis forms the basis for strategic planning, investment activities, risk management, and financial forecasting.

Roles & responsibilities: Business analyst vs financial analyst

Before we see how to become a business analyst in India, let’s discuss the roles and responsibilities of a business analyst

Business Analyst roles & responsibilities

  • Analyzing and evaluating a company’s current business practices to identify possibilities for improvement
  • Research and evaluate current company practices as well as new IT advances to make systems more modern
  • Attending meetings and presenting ideas and conclusions
  • Staff members are educated and coached
  • Creating initiatives based on the company’s needs and requirements
  • Creating projects and keeping track of their development is a must
  • User and stakeholder participation
  • Working with partners, clients, senior management, and technicians

Also read: Important business analyst skills

Financial analyst roles and responsibilities

  • Creating metrics to identify the company’s financial performance
  • Drafting the company’s financial reports and discussing them with the stakeholders
  • Analyzing and forecasting financial trends to initiate the budget of the company
  • Keeping track of investment trends to help the company make upcoming investments
  • Recommending and implementing various strategies for improving the company’s finances
  • Auditing the discrepancies and miscalculations in the financial statements of the company

Read more: Easy guide on how to become a financial analyst

Skills: Business analyst vs financial analyst

Business AnalystFinancial Analyst
Understanding of statisticsBusiness valuation & financial modeling
Knowledge of business structuresCorporate finance and accounting
Needs analysisSolid understanding of equity research, hedge funds, bonds, securities, etc
Expertise in data research Proficiency in Tally, Hyperion, SAP, SQL, QuickBooks
Expertise in Microsoft Excel, Word, PowerPoint, PowerBIData analysis
Excellent communication, problem-solving, decision makingKnowledge of financial markets

Salary: Business analyst vs financial analyst

The average salary for a business analyst in India is INR 8.5 LPA. However, your salary will depend on various factors like master’s degree, technical knowledge, relevant skills, and the company you work for. You can also explore business analyst jobs abroad. In the US, the average salary for a business analyst is USD 94,425 per annum.

The average salary of a financial analyst in India is INR 5.7 LPA. If you want to explore this job opportunity in the US, the average salary is USD 74,647 per annum.  

Educational qualification: Business analyst vs financial analyst

Business analyst educational requirement

To become a business analyst, having a business-related degree is helpful. You can be a business analyst with an undergraduate or a postgraduate degree. However, the chances of landing a good job as a business analyst after an undergraduate degree are very low in India. Hence, many people opt for a master’s degree, a PG diploma, or online certification or degree. 

The following educational qualifications can help you to become a business analyst:

  • MBA in business analytics
  • MSc in business analytics
  • PGCP in business analytics

Read more: Concepts in business analytics

Financial Analyst educational requirement

A financial analyst needs to have a lot of quantitative skills, so pursuing a degree in a related field can help you. The following educational qualifications can help you to become a Financial Analyst:

  • MBA in Finance
  • B.Com Hons (Eco/ Accounting/ Finance)
  • BCom (Financial Markets)
  • PG Diploma in Finance/ Accounting/ Economics/Statistics/ Mathematics

Conclusion

If you are looking to become a business analyst, then you can enroll for an online MSc in Business Analytics offered by Manipal Academy of Higher Education, through Online Manipal. You can also choose an online MBA in Business Analytics

If you are looking to explore a career as a financial analyst, you can pursue your online MBA in Finance offered by Manipal University Jaipur. 

With Online Manipal, you can attend classes scheduled at convenient timings, access extensive e-learning materials and e-books, study at your own pace, interact with peers & faculty, and get placement assistance services, all at an affordable price.

How an MBA Helps Healthcare Entrepreneurs

MBA benefits for healthcare entrepreneurs include access to resources like libraries and industry conferences, as well as essential business skills and knowledge, strategic thinking and planning abilities, valuable networking opportunities, understanding of healthcare systems and regulations, financial management expertise, marketing and branding insights, and leadership and team management abilities.

With the help of these benefits, healthcare entrepreneurs can successfully run their businesses, deal with the complexity of the healthcare sector, make wise decisions, and promote long-term success. The future of healthcare will be shaped by entrepreneurship, promoting innovation, and patient care. It increases public access to healthcare services, boosts economic growth, and answers changing healthcare demands.

Understanding the Healthcare Industry

Hospitals, clinics, medicines, biotechnology, medical equipment, digital health, and health insurance are just a few industries that make up the healthcare sector. Complex regulatory structures, quick technical breakthroughs, changing patient expectations, and financial limitations define the sector.

However, this field faces a particular set of difficulties that must be overcome:

  • Healthcare businesses frequently need large sums of money for R&D, clinical testing, regulatory approvals, and market penetration. 
  • The effectiveness, efficiency, and patient experience of healthcare are all significantly improved by technology. However, interoperability, data security, regulatory compliance, and reluctance to change present difficulties for integrating technology in healthcare.
  • Another potential challenge is healthcare entrepreneurs’ difficulty accessing the market and receiving fair remuneration for their innovations.

Healthcare entrepreneurs can help address some of these issues and positively impact patient outcomes in the following ways:

  • Innovative technologies, goods, and services that improve patient outcomes are being developed at the forefront by business people in the healthcare industry. Businesses develop innovative treatment techniques, diagnostic instruments, medical devices, and digital health solutions to increase the precision, efficiency, and efficacy of healthcare delivery.
  • Entrepreneurs in the healthcare industry offer procedures and technology that improve the provision of medical care, ease administrative burdens, and cut costs.
  • Healthcare entrepreneurs use data analytics and artificial intelligence to extract insights from healthcare data. Patterns and trends can be analyzed to find chances for improvement.

Business Management Skills

An online MBA program provides individuals with core business management abilities that are highly relevant and important in the healthcare profession. Entrepreneurship opportunities with an MBA are plenty, partly because of the business skills gained from an MBA. These skills include the following:

  • Financial Analysis and Performance Measurement

MBA programs teach financial analysis techniques that help business owners evaluate the viability of their businesses, monitor performance indicators, and make informed decisions. This entails assessing return on investment (ROI), performing financial forecasting, and analyzing key financial statistics.

Healthcare entrepreneurs must have strong financial management abilities to obtain funding, utilize resources wisely, and maintain the success of their businesses.

  • Strategic Planning

Entrepreneurs must establish a long-term vision and strategic business goals. Entrepreneurs may better define their mission, create a roadmap, and match their activities with their goals using strategic planning abilities.

The ability to strategically plan allows healthcare entrepreneurs to successfully negotiate the complicated healthcare landscape, adjust to shifting market conditions, and set up their businesses for long-term success.

  • Operations Management

To supply services more successfully, entrepreneurs need to have the ability to analyze processes, spot bottlenecks, and put process improvement plans into place.

Delivering high-quality, effective healthcare services requires operations management expertise. Entrepreneurs may enhance patient experiences, save costs, and promote operational excellence by enhancing processes, streamlining supply chains, and ensuring quality.

Eligibility Criteria and Educational Requirements

Refer to the following table to know about the requirements for pursuing an MBA in healthcare:

Educational RequirementsGraduation from a recognized university
Minimum Marks50%
EntrancesCAT, XAT, SNAP, CMAT

Building a Strong Network

  • In the ecosystem of healthcare entrepreneurship, networking is crucial since it offers priceless chances for cooperation, mentorship, information sharing, and resource acquisition. Entrepreneurs in the healthcare sector can create a strong network by enrolling in an MBA program.
  • Entrepreneurs in the healthcare sector can connect through networking with experts in the field, thought leaders, and seasoned professionals with in-depth information and insights. These relationships can offer direction, mentorship, and insightful counsel on negotiating the challenges of the healthcare sector, the regulatory environment, and market trends.
  • The industry’s stakeholders, such as healthcare providers, research institutes, and technology firms, can network with healthcare entrepreneurs.
  • Entrepreneurs in the healthcare industry can connect with possible investors, venture capitalists, and funding prospects through networking.

Developing a Business Mindset

By promoting the critical thinking, problem-solving, and decision-making abilities necessary for success in healthcare entrepreneurship, MBA programs help students develop an entrepreneurial attitude.

Entrepreneurs may evaluate information, analyze difficult circumstances, and make informed judgments using critical thinking abilities. Entrepreneurs in the healthcare sector must evaluate patient demands, regulatory restrictions, and market trends closely to find novel business prospects.

Healthcare entrepreneurs must have strong problem-solving abilities to overcome obstacles, including regulatory complications, resource limitations, and shifting patient expectations. An MBA program equips students to pinpoint underlying issues, develop plans, and implement solutions for healthcare issues.

Making wise decisions is essential to running a successful healthcare business. MBA programs for healthcare entrepreneurs provide analytical skills, financial knowledge, and risk assessment frameworks especially useful in the healthcare industry. Entrepreneurs must choose wisely and quickly when entering new markets, finding funds, forming alliances, and allocating resources.

Access to Resources and Support

Healthcare entrepreneurs need resources and support networks like incubators, accelerators, and entrepreneurship centers to get advice, mentorship, and access to various resources. 

Thanks to healthcare-specific incubators, entrepreneurs can build their businesses in real space, with infrastructure, and in a helpful environment. These programs provide access to industry experts, networking opportunities, and mentoring.

Accelerators for the healthcare industry offer comprehensive programs designed to hasten the growth and development of healthcare companies. These programs often provide access to industry networks, coaching, educational sessions, and mentoring. Additionally, accelerators offer chances to get capital and make pitches to possible investors.

Healthcare entrepreneurs can receive various support from entrepreneurship centers housed within universities or other organizations.

Here is why MAHE’s MBA in healthcare is your best option!

  • The MBA in health management program by MAHE will give students the know-how, abilities, and experience necessary to succeed in leadership and management positions in the healthcare industry. 
  • The program provides a thorough overview of the healthcare sector, covering various topics, including healthcare systems, legislation and regulations, finance, operations, etc.
  • MAHE’s MBA in Healthcare program faculty comprises seasoned professionals and subject matter specialists.
  • MAHE supports healthcare-related research and invention.

Conclusion

In conclusion, an MBA program offers healthcare entrepreneurs several advantages, such as developing business skills, the capacity for strategic thinking, and beneficial networking opportunities. These advantages help business owners successfully negotiate the healthcare sector’s complexity. Moreover, healthcare entrepreneurs may promote innovation, enhance patient outcomes, and meet the changing demands of the healthcare sector by fusing business savvy with sector-specific knowledge. Students can enroll in MAHE’s MBA program to gain these abilities and succeed in the industry.

What can you do with an MBA in healthcare management?

The healthcare industry encompasses a wide range of organizations and professionals involved in the provision of medical services, research, pharmaceuticals, and health-related products. It is a rapidly evolving field driven by technological advancements, changing demographics, and increasing demand for quality care. There are diverse career opportunities, including healthcare administration, hospital management, pharmaceuticals, healthcare consulting, and public health.  

An MBA in healthcare management equips individuals with a unique skill set that combines business acumen with an understanding of healthcare systems and policies, enabling them to navigate complex healthcare environments and drive strategic initiatives. This specialized degree can provide a competitive edge, opening doors to leadership positions and offering a platform for meaningful contributions in improving healthcare delivery and patient outcomes. 

Want to know more about an MBA in healthcare management, check out our blog on guide on MBA in healthcare management. 

Benefits of pursuing an MBA in healthcare management 

Pursuing an MBA in healthcare management offers numerous benefits for individuals seeking to establish successful careers in the healthcare industry. Here are some key advantages: 

In-depth industry knowledge: An MBA in healthcare management provides a comprehensive understanding of the healthcare industry, including healthcare systems, policies, regulations, and emerging trends. This knowledge equips professionals with the expertise needed to navigate the complex landscape and make informed decisions. 

Business acumen: The program combines healthcare knowledge with essential business skills, including finance, marketing, operations, and strategic management. This combination allows graduates to approach healthcare challenges from a business perspective, applying analytical thinking, problem-solving, and decision-making skills. 

Career advancement: An MBA in healthcare management enhances career prospects. Graduates can pursue various roles such as healthcare administrator, hospital manager, pharmaceutical executive, healthcare consultant, or policy analyst. The demand for professionals with a blend of healthcare and business expertise is high, offering ample opportunities for career growth and advancement. 

Impactful contributions: The healthcare industry plays a critical role in improving people’s lives. With an MBA in healthcare management, individuals can make meaningful contributions to the sector by developing innovative solutions, optimizing operations, and improving patient outcomes. The program provides the necessary skills to address healthcare challenges and drive positive change. 

Leadership opportunities: Healthcare management roles require strong leadership skills. An MBA program emphasizes leadership development, preparing students to take on executive positions and lead teams effectively. Graduates are equipped to drive organizational change, foster innovation, and navigate the evolving landscape of healthcare. 

Networking and collaboration: MBA programs provide excellent networking opportunities. Students can connect with peers, faculty, and industry professionals, fostering relationships that can lead to job opportunities, partnerships, and mentorship. Collaborating with diverse individuals from different healthcare sectors enhances knowledge exchange and opens doors to potential collaborations. 

Check out  MBA in healthcare management skills for further information. 

MBA healthcare management jobs 

After earning a Master of Business Administration in Healthcare Management, you’ll be prepared for various exciting careers in the healthcare industry.  

Here are some of the most common careers for graduates of this degree program: 

  • Hospital Administrator 

Hospital administrators oversee hospital operations, including patient care and medical education. They work closely with doctors and nurses to ensure patients receive quality care from all staff members involved in their treatment plans. They also manage budgets and financial matters related to patient care costs so that there are no unexpected expenses for hospital employees or patients. A hospital manager can earn up to INR 14.2 lakhs/annum. 

  • Clinical Research Manager 

Clinical research managers oversee clinical trials by pharmaceutical companies on new drugs being developed for market release. These managers must ensure that all protocols are followed correctly so that valid results can be obtained from each trial run; they also manage budgets related to these trials so that they remain within budget constraints while still achieving desired results. A clinical research manager can earn up to INR 21 lakhs/annum

  • Hospital Manager  

Hospital managers are responsible for overseeing the day-to-day operation of a hospital, ensuring smooth functioning of departments, managing budgets, coordinating with medical staff, and implementing strategic plans to improve patient care and operational efficiency. A Hospital Manager can earn a salary up to INR 9.6 lakh/annum. 

  • Pharmaceutical Product Manager:  

In this role, you would be responsible for developing and implementing marketing strategies for pharmaceutical products. You would conduct market research, analyze industry trends, and work closely with cross-functional teams to ensure successful product launches and maximize product performance. A pharmaceutical product manager can earn salary up to INR 26 lakhs/annum. 

  • Healthcare Analyst:  

Healthcare analysts analyze and interpret healthcare data to identify trends, assess performance, and provide insights to support decision-making. They work with large datasets, employ statistical techniques, and develop reports and presentations to guide strategic planning and quality improvement initiatives. 

Want more detailed information on the career prospects after MBA? Check out our blog on career prospects after MBA in healthcare management to know more! 

How can I earn an MBA in healthcare management? 

Looking to earn an MBA in healthcare management? Choose a reputed institute offering specialized programs. For those balancing full-time jobs, an online MBA is the ideal solution. Consider renowned institutions like Manipal Academy of Higher Education, known for its excellence in education. Their online MBA in healthcare management is tailored specifically for working professionals, allowing you to upskill and advance your career without the need to quit your job. With Online Manipal, you can enjoy the flexibility of online learning while benefiting from a trusted and respected institution. Also, professionals who have enrolled for this program can avail scholarships as per eligibility, easy financing options, learn from highly experienced faculty, access live and recorded classes and get free access to paid Take the next step towards higher positions in healthcare management today. 

Want to know which MBA is best for working professionals? Check out our blog on MBA for professionals for further information. 

What you’ll learn in an online MBA in healthcare management? 

The online MBA in healthcare management offered by Manipal Academy of Higher Education has one of the best course curriculum designed by the experts in the industry. It covers all hthe broad aspects of healthcare management and helps you establish a lucrative career. 

Health informatics: Health informatics is the application of information technology and data science to healthcare settings. It involves the collection, management, and analysis of health-related data to improve patient care, enhance decision-making processes, and optimize healthcare delivery. Health informatics encompasses areas such as electronic health records (EHRs), telemedicine, medical imaging, clinical decision support systems, health information exchange, and health data analytics. 

 Quality management in healthcare: Quality management in healthcare refers to the processes and strategies implemented to ensure that healthcare services meet the highest standards of quality and safety. It involves continuous monitoring, evaluation, and improvement of healthcare practices to enhance patient outcomes. Key elements of quality management include the establishment of quality standards, measurement of performance indicators, implementation of evidence-based practices, patient feedback and satisfaction assessment, and the use of quality improvement methodologies such as Lean or Six Sigma. 

Health insurance: Health insurance is a contract between an individual or a group and an insurance company that provides financial coverage for medical expenses. It helps individuals or groups manage the costs of healthcare services, including hospitalizations, doctor visits, prescription medications, and preventive care. Health insurance plans typically involve payment of regular premiums in exchange for coverage, and they can vary in terms of coverage scope, network of healthcare providers, and out-of-pocket costs. 

Health education & communication: Health education and communication refer to the dissemination of information and promotion of knowledge related to health and wellness. It aims to empower individuals and communities to make informed decisions and adopt healthy behaviors. Health education can take various forms, such as educational campaigns, workshops, classes, or online resources, and it covers topics such as disease prevention, nutrition, sexual health, mental well-being, and lifestyle choices. 

Hospital planning & infrastructure management: Hospital planning and infrastructure management involve the design, development, and management of physical facilities and resources in healthcare organizations, particularly hospitals. It includes strategic planning for hospital construction or renovation, optimization of facility layout and workflow, procurement and maintenance of medical equipment and technology, management of hospital logistics and supply chain, and ensuring compliance with regulatory standards. Effective planning and infrastructure management contribute to efficient healthcare delivery, patient safety, and quality of care. 

Healthcare operations management: Healthcare operations management focuses on the efficient and effective management of healthcare processes and systems. It involves optimizing various operational aspects of healthcare delivery, such as patient flow, scheduling, resource allocation, inventory management, and workforce planning. Healthcare operations managers strive to enhance productivity, reduce costs, improve patient access to care, and ensure the overall smooth functioning of healthcare facilities. They often utilize principles and tools from fields such as operations research, supply chain management, and process improvement methodologies. 

Conclusion 

With an MBA in healthcare management, you open the doors to a wide range of career opportunities in the healthcare industry. This degree equips you with a unique combination of business acumen and healthcare expertise, making you an invaluable asset to organizations. You can pursue leadership roles in hospitals, healthcare consulting firms, pharmaceutical companies, insurance providers, and government agencies. The skills gained through an MBA in healthcare management enable you to navigate complex healthcare systems, make strategic decisions, manage healthcare operations, and drive organizational growth. An online MBA from a renowned institute offers the same value knowledge and skills as an on-campus with more flexibility for working professionals. 

5 must-visit websites for effective job search: A placement training guide

Job websites feature millions of job listings in addition to additional resources, including resume writing assistance, career coaching, and blog sections with beneficial guidance. Thus, making them the most effective ways to search for and apply to a multitude of job openings. This article lists five key websites you ought to explore to substantially enhance the efficiency of your job search and raise your chances of landing the ideal position. These websites offer beneficial data and resources to assist you in finding the right job, including professional networking, thorough job listings, and company insights.

Also read: The importance of building a strong LinkedIn profile for job seekers

What are job search sites?

Job search sites- also referred to as job search engines or job boards – are web-based platforms that link job seekers with prospective employers. Employers utilize these platforms to advertise current openings that they are seeking to fill, while job seekers can explore job opportunities via a pertinent website or app. A job search site can host and sell job postings on its website, compile postings from other websites, such as firm career pages, or combine the two. 

Employers and recruiting firms capitalize on these job board sites to expand the scope of their recruitment initiatives and draw in a wider pool of highly skilled applicants. Though small enterprises without a specialized recruiting team can handle these job advertising themselves, posts on job search websites are frequently administered by recruiters or other HR experts.

Also read: From student to professional: A guide to placement after an online course

Must-visit websites for effective job search for graduates

Some of the top must-visit websites for effective job search has been discussed below:

LinkedIn:

This premier professional networking platform used by millions globally serves as a virtual hub that connects employers, job seekers, and business professionals. Making a good impression depends on having a captivating profile. Consider your profile to be an online resume and include pertinent employment history, credentials, achievements, and educational background. It delivers superb job postings and jumpstarts your networking efforts. Users can create a free account, submit detailed profiles, and connect with influential figures in the sector with just one click. 

Your profile acts as your résumé, allowing you to access and exchange career-related content with ease, explore thought-provoking articles composed by luminaries in your area, and request or provide referrals. Additionally, you can engage in expert conversations and follow businesses that interest you and are pertinent to your job hunt by joining industry groups. More advanced search options and services are available with premium paid features.

Also read: How placement training can help you choose the right career path

Indeed:

Indeed, one of the most popular job search engines offers an extensive archive of job postings from multiple sources. It is a preferred site for job seekers, given its user-friendly interface and robust search features. Create a CV that is specific to each job application by emphasizing your relevant experience and talents. Indeed accumulates job ads from throughout the web, including those from business career pages and professional associations. 

In addition to job openings that employers publish, it lets you search locally or globally. An online resume builder and a career blog are both free options for job searchers. Your job search can be tailored based on location, income range, job category, and more by utilizing Indeed’s search choices. Use these filters to narrow down the range of options available to you. 

Glassdoor:

Glassdoor offers a specific benefit considering it includes information on employee-shared employer reviews, wages, and interview experiences. You can learn more about potential employers, their corporate culture, and the interviewing process thanks to this material. Job postings from other sources are also hosted on Glassdoor. Utilize the “Easy Apply” function to expedite your application procedure using the platform. 

Professionals that have conducted interviews with an organization can also provide specifics about its hiring procedures. Even though you should treat all of this information with a pinch of salt, it can still be quite insightful. On the hiring front, Glassdoor enables employers to locate potential employees and promote their organizations to job searchers.

CareerBuilder:

CareerBuilder is another renowned website for job searching that offers a wide variety of job possibilities in diverse fields. It also provides tools for building resumes, interview advice, and career advice besides job postings. Given that it is among the largest and strongest-established job boards on the web, CareerBuilder offers two major advantages. You can filter using several factors, like location, job title, and salary range, using its comprehensive search function. 

The website employs Google AI to assist in pairing job seekers with opportunities that fit them, and it also offers resources and career counseling to prospective prospects. Employers can use monthly membership plans to help with applicant searches by using tools for candidate management, targeted recruitment mailings, and more.

Also read: The role of placement support services in bridging the job readiness gap

Monster:

Monster is an acknowledged job-search website that provides a wide variety of employment possibilities in numerous industries. It offers a simple user interface, extensive search tools, and valuable resources to support your job hunt. You can tailor your job search using Monster’s search criteria based on geography, job title, experience level, and more. Make use of these filters to focus your search on particular markets or businesses. 

This job site was the initial significant job search website as well as one of the very first commercial websites ever. It provides services in various countries, such as resume uploads, discussion boards, business profiles, a resume evaluation service, and a mobile app. Your prospective fit for a career is also scored on the website based on your abilities and interests. Utilize these resources to strengthen your job search plan and increase your likelihood of success. 

Also read: The impact of placement training on employability skills

Online Manipal’s placement assistance services make your job search easier

Students or working professionals pursuing online degrees and certifications through Online Manipal will be provided placement assistance services to make their job search easier. These services include, industry-readiness sessions, resume building, employability assessments, skill development, and placement drives. Enroll for any degree or certification on Online Manipal and advance your career.

Conclusion

Leveraging online resources is essential if you want to conduct a successful job search. The five must-visit websites featured in this guide offer invaluable data and employment prospects to boost your chances of landing your dream job. Create a profile that stands out, personalize your application materials, and adhere to any directions given by employers. Additionally, benefit from networking possibilities, join groups within your field, and keep updated on business events. You can access a myriad of possibilities and discover more about potential employers while increasing your chances of acquiring the perfect job by incorporating these portals into your job search approach.

How online courses empower women in business roles 

The Grant Thornton’s International Business Report on “Women in Business 2023” says that 36% of Indian women are in senior management positions in mid-market businesses, which is 4% higher than the global count of 32%. This conclusion was based out of 281 mid-market businesses that were surveyed in India. Not only that, but there is also an increase in percentage of women occupying CEO and MD positions in top organizations.  

For centuries, women have been battling to live a life of their choice. Traditionally, women have faced some kind of bias in workplace. More women have taken leadership positions, helping bridge the gender gap that has existed for years. While there are several factors contributing to the growth of women who are business leaders, online courses have played a key role in their careers.  

The popularity of online courses has risen significantly over the last few years. Online learning has helped overcome geographic barriers and has helped women access educational resources and the opportunity to grow in their careers.  

Learn in a comfortable atmosphere 

Several reports, including the one my World Economic Forum, have suggested that women tend to feel more safe studying remotely, than in a classroom. For instance, there are several domains that are still dominated by men and women are often judged if they take up a career that was previously “male dominated”. In a remote learning environment, women need to face this judgement and can learn from a comfortable atmosphere.  

Learn anywhere, anytime 

Women must often multitask- they are mostly taking care of their families and managing their work life too. Women who are in business roles tend to shoulder greater responsibilities. With online courses and certifications, working women can learn at their own convenience and tailor their education. Online learning offers great flexibility, that allows women to upskill and enhance their careers, from the comfort of their homes. From newly married women, new moms and working professionals, online courses allow women to progress at their own pace. 

For instance, with Online Manipal, working women can pursue online degrees from premium universities, all from the comfort of their homes. They can attend live classes at convenient schedules and can access recorded videos anytime, anywhere. They can customize their learning experience according to their convenience and graduate from a premium university. 

Upskill at your own terms 

Most working professionals today feel the need to upskill to stay relevant in the job market. Online learning has especially played a key role in the lives of female professionals who are looking to upskill without quitting their jobs. Online learning has provided a platform to married women, new moms, women entrepreneurs or even business leaders the potential to break barriers that have historically disadvantaged women. Online courses and certifications have largely benefitted women who are working from home and want to upskill to climb up the career ladder. Women who are in business roles need to keep themselves abreast of the trends and developments to get industry insights and developments.  

Become a part of a diverse community 

Unlike offline learning, online learning paves the way for more diverse classrooms, consisting of students and learners from the world over. A global classroom brings in diverse perspectives, where learners can exchange ideas with peers from varied backgrounds, industries, domains, and experience levels. This allows women in business roles to get real world insights, from the comfort of their homes. 

With Online Manipal, you will get to join learners from 1500+ cities & towns and 50+ countries to connect and network.  

Read more: How online degrees empower learners from diverse backgrounds 

Build your industry connections 

Professionals networking is among the biggest boons that online learning offers. While being a part of a diverse peer group, working women can meet various industry professionals, expand their industry connections and get insights. Women in senior business roles can get potential clients who will be of help to their professional growth. Women in leadership positions might have to lookout for new clients, and these connections will help them find the right people. 

Explore job opportunities abroad 

Most online courses offered by universities are recognized abroad and you can explore job opportunities abroad. You can choose to pursue online courses in in-demand domains and look out for jobs abroad. With the flexibility that online courses offer, you will have enough time to research about jobs, while managing your academics at your own convenience.  

Explore scholarship opportunities 

Several universities offering online courses today offer special scholarships for women to encourage them to fulfil their professional goals. Through scholarships, women can pursue online courses at a lower price, that will lessen their financial burden. Online Manipal offers special scholarships for female applicants through our #EmpowerHer initiative. Online courses with scholarships pave way for women empowerment as well. 

Why women should take up leadership roles 

Today, several women world over have rise to top positions in organizations, proving that they too can lead successful businesses. Here’s why women are ideal for leadership positions.

Fresh perspectives 

Diverse experiences greatly contribute to innovations in business and result in better decision making. Women as leaders bring in fresh talents to the table, diverse perspectives and ensure culture diversity in the workplace. Women also have the ability to study minor details and a greater sense of awareness. 

Greater empathy 

Women are generally empathetic, have the ability to interact effectively, and listen to their teams’ concerns and solve for them. Women exhibit a higher propensity for employing this style of leadership as opposed to a more authoritarian approach, thereby enhancing their effectiveness in influencing others. 

Handling crisis 

Women can handle situations with compassion and patience. Many women, particularly mothers, are used to dealing with challenging situations and overcome them effectively. Even in business, women sometimes are able to handle crisis in a mor effective manner. 

Bridging the gender gap 

Women are constantly struggling to bridge the existing gender gap in workplace, and as leaders, they greatly contribute towards equality in the workplace. Women as leaders can put an end to pay disparity in workplace and pave the way for more equality.  

Why women in business roles must do online MBA 

An online MBA can be a career springboard for women for multiple reasons. Despite the fact that our society is getting progressive by the day, gender gap still exists, especially at higher management levels. One solution that can help women overcome these barriers is an online MBA degree. Women in business roles can enhance their leadership skills, gain valuable skills, and expand their knowledge to sustain in the competitive job market. An online MBA degree can pave the way for successful career for aspirational women.  

Women possess greater self-confidence when they move to managerial positions with an MBA degree. An MBA degree allows women to make more informed business decisions and sharpens one’s role as a leader.  

How Online Manipal is empowering women 

Online Manipal gives access to online MBA programs from premium institutes like Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE), and T.A. Pai Management Institute (TAPMI). Customize your learning experience by attending live classes at convenient times, accessing recorded classes & e-learning material, and writing online proctored exams, all from the comfort of your homes. As a learner, you will also get access to free access to paid Coursera content, that will help you expand your knowledge beyond the course curriculum. You can also explore scholarship opportunities offered by Online Manipal

What is CUET? How does it help students?

Common University Entrance Test (CUET) is an all-India entrance examination conducted by National Testing Authority (NTA) for admission to various undergraduate, postgraduate, and doctoral programs in central universities in India. Launched in 2022, CUET is currently the third largest entrance examination in number of candidates. 

Before the launch of the Common University Entrance Test (CUET) in 2022, students seeking admission to central universities in India had to go through a complicated and expensive selection process. Each university had its own selection criteria, with or without entrance exams, requiring students to apply separately and pay application fees to each institution. This process was particularly challenging for students from backward areas and low-income backgrounds. 

CUET aims to simplify and give an equal opportunity for admissions process by providing a common platform for candidates across India. Through computer-based exams held in various cities and towns in India and outside, students can now pursue their higher education aspirations with ease and affordable accessibility, without having to pay separate application fees to individual institutions. Overall, CUET has revolutionized university admissions in India and established better connections between institutions and students. 

How has CUET evolved over the years?

The first version of CUET, known as Central Universities Common Entrance Test (CUCET), was introduced in 2010 for admission to seven newly opened central universities. At the time, there were only 1,500 seats available across 41 undergraduate, postgraduate, and integrated programs. In 2021, the National Testing Authority (NTA) took over CUCET and made CUET compulsory for all 45 central universities in 2022. As CUET gained traction, other universities – state, deemed, and private – began accepting the exam scores as well. 

How does CUET conduct?

CUET simplifies the admission process for various central universities in India by enabling candidates to take a single exam to be considered for admission in various institutions. CUET has now become a mandatory requirement for admission to undergraduate, postgraduate, and doctoral level courses in central universities. 

The exam is conducted in computer-based test (CBT) mode, and question papers include multiple-choice questions (MCQs) and are organized into different sections. 

CUET UG exam details

The undergraduate-level questions in CUET are divided into four sections: languages, domain-specific concepts, and general knowledge. The domain-specific test is based on the NCERT class 12 syllabus. In addition to this, the general test, which lasts for 60 minutes, includes questions related to general knowledge, current affairs, general mental ability, numerical ability, quantitative reasoning, logical and analytical reasoning. 

Particulars Details 
Mode of the examination Computer-based-test (CBT)/Online 
Medium/ Language English, Hindi, Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu, and Urdu 
Duration of the examination Slot I – 195 minutes 
Slot II – 225 minutes 
Type of questions Multiple Choice Questions (MCQs) 
Total number of questions Slot I – 175 (140 to be attempted) 
Slot II – 100 (80 to be attempted) 
Total marks Slot I – 700 
Slot II – 400 
Marking scheme +5 for a correct answer 
-1 for an incorrect answer 
Number of domain subjects 27 

CUET PG exam details

The test papers for postgraduate candidates are divided into two parts, with a total of 72 papers. The first part consists of 25 language comprehension/verbal ability questions, as well as general knowledge questions. In the second part of the exam, there are 75 domain-specific questions that cover topics relevant to the candidate’s chosen field of study. 

Particulars Details 
Mode of the examination Computer-based test (CBT)/Online 
Medium/ language English and Hindi
Duration of the examination Two hours 
Frequency of exam in a year Once a year 
Type of questions Multiple Choice Questions (MCQs) 
Total number of questions 100 
Total marks 400 
Marking scheme +4 for a correct answer  
-1 for an incorrect answer 
Total sections in the question paper 2

After the declaration of result, the participant universities would prepare a merit list and they would conduct counseling based on the score card of CUET provided by NTA. 

You may also like to know more about the dual degrees and its prospects.

How many universities accept CUET?

In addition to the 45 central universities, a total of 249 universities accept CUET scores for admitting students into their undergraduate programs, and 142 universities accept CUET scores for postgraduate admission. These include 37 state universities, 32 deemed universities, and 132 private universities that recognize a valid CUET score for undergraduate admission. 

How does CUET help students?

The implementation of CUET brings several benefits for students and the education system as a whole. 

  1. A common platform for university admission: CUET provides a common platform for students from diverse backgrounds, ensuring equal opportunities for all. It eliminates the need for multiple university examinations, reducing the financial burden on students and their families. 
  2. Fair evaluation of students’ abilities: CUET serves as a fair and standardized evaluation of students’ knowledge and skills. It helps identify talented students and provides universities with a comprehensive view of candidates’ abilities. By basing the syllabus on the National Council of Educational Research and Training (NCERT) textbooks, CUET ensures that students are well-prepared and have a solid foundation in the relevant subjects. 
  3. Helps enhance language skills: CUET helps students enhance their language skills through the language section of the exam. It familiarizes students with different types of passages and improves their reading comprehension abilities.
  4. Improves soft skills: The examination also encourages critical thinking and problem-solving skills, which are essential for academic and professional success.
  5. Valid throughout India: Since hundreds of universities throughout India accept CUET score, a student can enroll in their preferred university without going through further screening test. Every year, more universities accept CUET for their admission. Hence, it is going to be the sole criterion for university admission in India. 

        What if a student has no CUET score?

        While CUET is compulsory for taking admission to central universities, state, deemed, and private universities may also consider candidates without a CUET score, although some of them are participating institutions. For admission to distance and online programs, CUET is not mandatory, but students who have a valid CUET score may have a smoother admission process. 

        Manipal University Jaipur (MUJ) accepts CUET score for admission

        Manipal University Jaipur (MUJ), located in Rajasthan, is one of the participating institutions in CUET UG, and it accepts CUET scores as a criteria for admission in undergraduate programs. The university prepares a merit list based on the scores obtained in CUET, and students who wish to take admission in a UG course at Manipal University Jaipur can appear for the CUET UG exam. 

        Get the details of online degree programs offered by Manipal University Jaipur.

        Is CUET mandatory for taking admission in online degrees?

        Is it mandatory for students to have a CUET score to enroll in an online degree program? While a CUET score is not mandatory for online programs, having one can help universities understand the student’s abilities and make the admission process smoother. All universities at Online Manipal accept students with or without a CUET score for their online degree programs. 

        Conclusion

        CUET is a crucial exam for students looking to specialize in their domain of interest. It helps reduce the weightage of other subjects and allows students to focus on their chosen field. Additionally, the exam equips students with the necessary skills to pursue careers in their desired field and is useful for both undergraduate and postgraduate courses. 

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          Bachelor of Business Administration (BBA)
          Manipal University Jaipur


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