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Computerized Accounting System: Importance and Types

Businesses are increasingly moving away from the traditional paper-based accounting to technology-driven financial management. According to NASSCOM’s “Technology Sector in India: Strategic Review – 2025,” the Indian technology industry’s revenue is expected to grow by 5.1% year-over-year, reaching approximately ₹23.5 lakh crore in fiscal year 2025. 

So, what does computerized accounting encompass and why should organizations today use it?

A computerized accounting system utilizes computer programs to log down, analyze, and properly manage financial transactions processes. It minimizes the likelihood of errors because every small company or large corporation works more accurately, has an improved reporting mechanism and ensures it conforms with the rules.

Also read: Difference between accounting and accountancy

What is computerized accounting?

The term “computerized accounting” refers to using accounting software to maintain financial records instead of traditional account ledgers or a spreadsheet format. At their core, these systems are made to perform basic accounting activities such as bookkeeping, tax computation, payroll processing and preparation of financial reports with little or no human intervention.

Businesses can also cut down on costly mistakes and speed up repetitive processes involved in finance by applying a computer-based system, as it saves time, provides up-to-date information, etc. More so, such a system must be able to combine other functions like inventory management and tax, thus becoming a complete financial management tool.

Key components of a computerized accounting system

In order for this technology to operate correctly, it must contain the following:

  1. Accounting framework – This refers to standardized principles and rules when conducting financial transactions.
  1. Database management – It helps with the easy storage and retrieval of financial data.
  1. Automation tools – For example, software that generates invoices, computes taxes on behalf of an accountant, and performs payroll calculations, among others.
  1. Customizable reporting­ – It entails producing important documents like balance sheets or profit-loss accounts, according to an individual firm’s requirements.
  1. Multi-user access – It is a secure way for different users to access information depending on certain characteristics. For example, auditors have different permissions, unlike accountants within the same company.

Need for computerized accounting systems.

Businesses in India are currently shifting towards computerized accounting systems due to various factors, including:

1. Enhanced accuracy and reliability

It ensures that automation controls all calculations, thereby eliminating errors attributed to manual data entry or miscalculations.

2. Real-time financial monitoring

This is contrary to conventional finance management, where one has to wait for hours before analyzing one’s expenses because one is only allowed such access manually. Instead, instant submission and analysis of records are provided by computerized accountancy. 

3. Compliance with tax regulations

India’s businesses must comply with GST requirements, among other legislations like the TDS. This can be sorted out automatically when one uses software programs for handling such fiscal issues, e.g., invoicing systems, which are built around them according to guidelines set previously and do not require any input from any human being outside the system itself.

4. Cost and time efficiency

A computerized accounting system cuts down significant administrative costs by automating payroll processing, inventory tracking, and tax filing. Besides, this release gives employees enough time for strategic tasks rather than routine data input.

Types of computerized accounting systems

Businesses can choose from different types of computerized accounting systems based on their size, complexity, operations, etc.

1. Ready-to-use accounting software

  • Suited for small businesses and start-ups.
  • Off-the-shelf solutions such as Tally, QuickBooks, Zoho Books are examples.
  • Basic bookkeeping, invoicing, and basic features on taxes are included.
  • Cheap to utilize and install, but may lack complex attributes.

2. Customised accounting software

  • Meant for medium-sized organizations with unique financial requirements.
  • It may include modules related to the industry, like point of sale (POS) systems used in stores and warehouse management software, among others.
  • More expensive to procure but more efficiently combines all other business processes.

3. Enterprise-level ERP solutions

  • Aimed at multinationals and huge enterprises.
  • Oracle, Microsoft Dynamics, etc., are large corporations that commonly use fully integrated Enterprise Resource Planning (ERP) software.
  • These systems manage all aspects of accounting, sales, human resources and inventory control.

You may also like: What are the functions of accounting?

Selecting the right computerized accounting system

Some of the factors that businesses should consider while selecting a proper computerized accounting system include:

  • Business size and complexity – While small companies can rely on simple accounting software, larger ones require sophisticated ERP solutions.
  • Budget constraints – High-end software investments must be measured against the company’s needs and finances.
  • Compliance requirements – Ensure that the system meets all local tax laws, including GST levies and TDS remittances, among others that are pertinent within India’s jurisdiction.
  • Scalability and integrations – Go for programs capable of scaling up or down together with growing businesses while linking to other frameworks such as CRM databases or HRM systems, with supply chain solutions in place.
  • User-friendliness – Accounting software should not be hard for any person, including those who have no financial background.

Online Manipal’s role in enabling future accountants

Within Online Manipal, Manipal University Jaipur (MUJ) provides industry-based online degree courses that can be helpful for professionals who wish to be accountants in the future.

  • MUJ’s online BBA in Finance & Accounting introduces students to the basics of financial management, taxation, and corporate finance, making them adept at working with modern firms.
  • One can also enroll into the online BCom program from MUJ to be ready for India’s booming commerce economy. Students here will learn about accounting principles, economic issues, and commercial legislation competencies.

The bottom line

To remain productive and meet legal requirements, an organization no longer needs to have computerized accounting systems. Whether you are a small business or a big corporation, investing well in computerized accounting can significantly increase accuracy, speed up processes, and update your financial management systems.

Online Manipal provides access to online degree programs from prestigious universities for those who aim to progress professionally in accounting and finance by ensuring that students are ready for changes in the business environment. Learn more about these courses and discover how they can lay the stepping stones for a bright career path for you!

Unlock opportunities with our top online degree programs

UG CoursesPG Courses
Bachelor of Commerce (BCOM)Master of Business Administration (MBA)
Bachelor of Arts (BA)Master of Computer Applications (MCA)
Bachelor of Computer Applications (BCA)Master of Commerce (MCOM)
Bachelor of Business Administration (BBA)Master of Business Administration (MBA With Dual Specialization)
Bachelor of Commerce (BCOM)Master of Arts in Economics (MA in Economics)

Elevating careers with MAHE’s Online MBA: Testimonials speak volumes 

In the fast-paced world of professional development, the pursuit of higher education often becomes a balancing act between career aspirations and existing commitments. Recognizing this need for flexibility and quality education, MAHE’s Online MBA program has emerged as a beacon of opportunity for professionals seeking to upskill while continuing their career journey. 

Let’s hear from Ashwini S, Mohammed Ashfaq Kadiyala, and Munaza, who share their experiences and insights on how MAHE’s Online MBA program has transformed their career trajectories: 

Ashwini’s professional requirement 

Ashwini S, a dedicated professional, underscores the importance of flexibility in class schedules and exams. In her words, “As a dedicated professional committed to advancing my skills while maintaining my career momentum, flexibility in class schedules and exams was paramount. This made the online MBA program offered by MAHE an ideal choice for me. Moreover, the esteemed reputation associated with the institution further motivated my decision to enroll.”

For her, MAHE’s Online MBA program offered the perfect balance, allowing her to advance her skills while maintaining her career momentum. The institution’s esteemed reputation further bolstered her decision to enroll, reflecting the trust professionals place in MAHE’s commitment to excellence. 

Strategic career decisions 

Mohammed Ashfaq Kadiyala’s journey highlights the strategic decision-making process behind choosing Online Manipal. With a goal to elevate his career in supply chain management, he found Online Manipal to be the logical choice, thanks to its renowned reputation in the educational realm and meticulously crafted curriculum.

Speaking about his choice, he says, “During my online search for MBA programs, I stumbled upon Online Manipal and subsequently received informative correspondence from them. With aspirations to advance my career in supply chain management to greater heights, pursuing an MBA seemed like the logical step forward. Opting for Online Manipal was an easy decision due to its esteemed reputation in the educational sphere and the program’s meticulously crafted curriculum.“

His testimony echoes the sentiment of many professionals who have found success through MAHE’s Online MBA program. 

Brand value matters 

Munaza’s testimonial sheds light on the allure of specializing in Business Analytics through Online Manipal. Recognizing the institution’s esteemed brand value, she was confident that this choice would not only secure her a valuable degree but also open doors to lucrative job opportunities.

Explaining the same, Munaza says, “My primary goal was to specialize in the field of Business Analytics, and Online Manipal stood out to me due to its esteemed brand value. I was confident that this choice would not only ensure me a valuable degree but also pave the way for lucrative job opportunities. Moreover, the program’s comprehensive curriculum, abundant resources, and competent faculty further solidified my decision.”

Munaza’s experience underscores the comprehensive curriculum, abundant resources, and competent faculty that define MAHE’s Online MBA program. 

MAHE’s Online MBA: Setting the Standard 

As we reflect on these testimonials, it becomes evident why MAHE’s Online MBA program stands out as the premier choice for professionals worldwide. With a commitment to flexibility, quality education, and industry relevance, MAHE empowers individuals to pursue their career aspirations without compromise. 

The program’s blend of esteemed reputation, meticulously crafted curriculum, and dedicated faculty ensures that every student receives a transformative learning experience. Whether it’s advancing in one’s current field or transitioning to a new domain, MAHE’s Online MBA equips professionals with the skills and knowledge needed to thrive in today’s dynamic business landscape. 

Conclusion 

MAHE’s Online MBA program is more than just an educational endeavour—it’s a gateway to limitless opportunities and career advancement. Join the ranks of Ashwini, Mohammed Ashfaq Kadiyala, Munaza, and countless other professionals who have elevated their careers with MAHE. Unlock your potential today and embark on a journey of growth, success, and fulfilment with MAHE’s Online MBA program. 

Top 10 job roles after doing BBA in Human Resource Management

In today’s fast-paced, competitive landscape, it becomes imperative to hire the top talent in the industry to stay ahead. This is why every organisation is in dire need of skilled HR professionals to recruit the best in the job market and foster growth and advancement. The right skill set and knowledge come with a professional degree, such as a BBA in Human Resource Management. It is the perfect gateway to a successful career path in the HR sector today. 

The course equips students with a robust foundation in labor laws, HR principles, and organizational behavior. Upon course completion, graduates are eligible to assume diverse job roles ranging from HR Generalist to Talent Acquisition Specialist. 

This blog looks at the top 10 HR jobs after BBA degree programs.

Top 10 HR jobs after BBA in Human Resource Management

A Bachelor of Business Administration (BBA) is a three-year undergraduate degree program offering specialization in Human Resource Management. As stated above, the course enables graduates to assume a variety of job roles of their choice. We detail below some of the best HR jobs after BBA that you can consider:

  1. Talent Acquisition Specialist

True to their job title, a Talent Acquisition Specialist is an expert in acquiring and retaining the best talent in the industry. They collaborate with other department heads to understand workforce requirements, craft and manage job postings for varied roles in the organization and conduct interviews to hire suitable candidates. Their responsibility also includes ensuring a pleasant experience for the candidate and maintaining the company brand in the job market.

Average annual BBA HR salary in India for Talent Acquisition Specialist: INR 7 lakh – INR 18 lakh per annum

  1. HR Consultant  

If you are on the path to HR growth after BBA completion, becoming a consultant in the domain is one of the most rewarding and lucrative career choices. HR Consultants are experts in offering specialized guidance and support to businesses on organizational development, talent management, and designing policies. They generally work independently but can also align with certain consulting firms to help organizations achieve their goals. 

Average annual salary of an HR Consultant in India: INR 5 lakh – INR 8 lakh per annum

  1. HR Compliance Officer

This role paves the way for HR growth after BBA courses. A coveted job title, an HR Compliance Officer helps ensure that the organizational policies align with safety regulations at the workplace, labor laws, and other ethical work practices. For this, they conduct internal audits, oversee legal updates, and execute policies for risk mitigation.

Average annual salary of an HR Compliance Officer in India: INR 5 lakh – INR 7 lakh per annum

  1. Training and Development Executive

One of the best and most gratifying career options after BBA HR courses, the role of a Training and Development Executive entails designing and delivering employee training programs. The training sessions aim to boost staff productivity, improve their skills, and foster career growth. 

Average annual salary of Training and Development Executive in India: INR 4.5 lakh – INR 8.7 lakh per annum  

  1. HR Coordinator

This is one of the key entry-level HR jobs after BBA. They are responsible for supporting all key HR functions, such as employee record maintenance, management of administrative tasks, and offering assistance in onboarding and recruitment. Their primary task is to ensure that all compliance reports, documentation, and internal HR correspondence are well-organized. 

Average annual salary of an HR Coordinator in India: INR 4.4 lakh – INR 7 lakh per annum

  1. Performance Management Analyst

Yet another of the most sought-after career options in BBA HR fields, Performance Management Analysts conduct performance appraisals and define processes for setting goals to improve the efficiency of the workforce. Using HR analytics, these professionals evaluate the contribution of employees and propose methods for career advancement, motivating employees, and boosting productivity

Average annual salary of Performance Management Analyst in India: INR 4.1 lakh – INR 16 lakh per annum  

  1. Payroll Specialist 

Dedicated to handling all affairs of the payroll in the organization, Payroll Specialists are involved in managing tax deductions from pay packages, processing staff salaries, and ensuring adherence to labor laws. They are responsible for ensuring accurate and timely payments to all employees. They also handle all queries related to payroll for the staff. 

Average annual BBA HR salary in India of Payroll Specialist: INR 4.1 lakh – INR 11.3 lakh per annum

  1. Employee Relations Specialist

Maintaining healthy and cordial relations with employees is one of the key HR responsibilities in any organization. They work on building a positive work culture by addressing workplace conflicts, redressing employee grievances, and ensuring effective engagement of employees. An Employee Relations Specialist essentially serves as a bridge between the management and staff.   

Average annual BBA HR salary in India of an Employee Relations Specialist: INR 4 lakh – INR 12.4 lakh per annum

  1. HR Generalist

This is yet another of the popular entry-level HR jobs after BBA programs in HR, suitable for fresh graduates. They get to learn many HR functions as part of their everyday jobs. These include hiring, payroll, employee relations, and policy compliance. The role lays the basis for a well-rounded career in HR.

Average annual salary of an HR Generalist in India: INR 4 lakh – INR 7 lakh per annum

  1. Compensation and Benefits Analyst

This is one of the most coveted career options after BBA HR programs. These skilled professionals design programs for employee benefits, develop and manage salary structures and incentives based on employee performance. They research and analyze market trends to help ensure competitive pay scales for employees. This enables companies to hire and retain top talent in the industry.

Average annual salary of a Compensation and Benefits Analyst in India: INR 4 lakh – INR 6 lakh per annum

Skills required for a successful HR career

There is tremendous potential for professional HR growth after BBA courses. The right combination of domain-specific knowledge and skill sets can help professionals advance their career paths. 

From rewarding entry-level HR jobs after BBA, graduates can swiftly move to more lucrative managerial and leadership roles by adopting the right skills. These include:

  • Hiring and retaining top talent: A flair for recognizing, hiring, and retaining the best industrial talent can help skilled professionals contribute significantly to their own and their organizations’ career growth. 
  • Effective written and verbal communication: HR professionals must be able to put forward the company policies, resolve conflicts, address grievances, and interact with employees cordially.
  • Change management: With fast-evolving trends and technologies, the HR landscape is constantly changing. HR professionals who can swiftly adapt to these changes and foster innovation make their way up the corporate ladder.
  • Analytical decision-making: Strong analytical skills help professionals suggest improvements in HR strategies and company policies to enhance employee productivity.
  • Adherence to labor laws: One of the primary HR duties is ensuring compliance with labor laws and regulations. This helps avoid legal complexities for organizations and maintains ethical work practices. 
  • Time management: HR professionals are required to juggle multiple functions at one time – hiring, engaging, and retaining employees while managing payroll and complying with labor policies. Effective time management helps ensure accuracy and efficiency at work.

Why pursue an online BBA in Human Resource Management from MUJ?   

To tread forward in the rewarding career path of HR, it helps to earn specialized knowledge and skills. This is where specialized degrees such as a BBA help. Offering exclusive focus in the field of HR, the online BBA in Human Resource Management offered by Manipal University Jaipur lays the perfect foundation for aspiring HR professionals. 

A three-year undergraduate degree program, it helps students acquire essential skills in employee engagement, labor laws, talent acquisition, performance management, and organizational behavior. A six-semester course, it offers the choice of industry-relevant electives to students, helping them specialize in a focused area. 

Some of the key electives in the online BBA in HRM program include:

  • Compensation Management
  • Industrial Relations & Labor Laws
  • Human Resource Planning & Development
  • Talent Management and Employee Retention
  • International Human Resource Management
  • HR Audit and Capital Management  

The electives and core subjects covered in the online BBA in HRM program are designed to offer many benefits to the course learners. Some of the top ones include:

  • Helping students earn industry-desirable skills in HR, enabling them to thrive and grow in their career paths
  • Unlock a host of diverse, rewarding career opportunities in the field of HR
  • Prepare students to assume top management roles in the industry with the right technical knowledge and skills 
  • Gain deeper and valued insights into modern HR practices that help learners stay updated and relevant in the evolving business landscape

Conclusion

Human Resources has always been a crucial department in any organization and continues to play an indispensable role even today. A BBA in HRM lends further credibility to the skill sets of an HR professional, helping them unlock doors to diverse and more lucrative career roles. 

An online BBA in HRM offered by Manipal University Jaipur on the Online Manipal platform is the perfect gateway to growth in the HR sector. With the perfect combination of industry-specific training and skills, graduates can explore a fulfilling career in human resources.

Career prospects after an MBA in Healthcare Management

In the dynamic field of healthcare management, the need for skilled management professionals has never been more crucial. If you are a fresh graduate confused about which MBA specialization to choose, an MBA in Healthcare Management can be a great option. There are ample opportunities in the healthcare sector as a management graduate.

An MBA in Healthcare Management helps you gain valuable skills and knowledge required to excel in the dynamic healthcare industry. If you want to enter the field, scroll down to learn more about the MBA healthcare management jobs for fresh graduates, career prospects, salaries, and more.

ALSO READ: MBA in Healthcare Management course details

What is an MBA in Healthcare Management?

Healthcare management, also known as Healthcare administration, is the process of managing the oversight of healthcare sectors, hospitals, public health systems, or other medical facilities. Simply put, from medical insurance to drug manufacturing, every aspect of the healthcare industry requires management. This is where an MBA in Healthcare Management comes in. An MBA in Healthcare Management is a specialized postgraduate program designed to equip individuals with the skills and knowledge needed to excel in leadership roles within the healthcare industry. With a blend of healthcare expertise and business knowledge, this program allows individuals to navigate the complex challenges and dynamics of the rapidly evolving healthcare sector.

Top careers after MBA Healthcare Management

There are plenty of job opportunities you can explore in healthcare management, which requires skilled professionals to obtain leadership and management roles. Here, we have listed some of the sought-after jobs for an MBA in healthcare management in India, including salary, roles, and responsibilities.

Job titleAverage salary (INR)
Healthcare Administrator7 LPA
Clinical Research Manager12.6 LPA
Nursing Home Administrator6 LPA
Clinical Coordinator3.4 LPA
Medical Information Managers11.4 LPA
Claims Manager5.7 LPA
Medical Practice Manager23.8 LPA
Healthcare Entrepreneurs
Health Policy Analyst7.24 LPA
Healthcare Project Manager21.7 LPA
Source: Glassdoor, Ambitionbox, 6figr & Economics Research Institute
  • Health Administrator

The role of the healthcare administrator is to ensure that the organization is operating smoothly, delivering the best possible care for patients. They  provide training sessions for doctors, nurses, and other personnel, analyze the employee schedules, give feedback, and manage company records. Furthermore, they are also responsible for the safety and hygiene of the facility.

  • Clinical Research Manager

The Clinical Research Manager is responsible for managing the clinical monitoring process and administering the clinical trials. They examine whether the studies are conducted in compliance with ethical standards and scientific principles, monitoring the progress of each study until it meets the desired goals.  The managers also hold a primary role in recruiting participants for clinical trials, including identifying potential individuals, screening them for eligibility, and arranging interactions with researchers.

  •  Nursing Home Administrators

A nursing home administrator has to be proficient in two aspects – business and healthcare. In short, they are responsible for maintaining the business and organization aspects of healthcare facilities. 

However, they are also involved in the operation on a personalized level focusing on achieving quality and safety of resident care. They tend to manage various tasks, including hiring, training, evaluating, and scheduling the staff and taking control of the finance and budgets of the organization.

Here’s how an MBA helps for doctors.

  • Clinical Coordinator

A clinical coordinator analyses and oversees the day-to-day activities and duties of the healthcare clinic, managing and communicating with staff and ensuring the highest level of care. They serve as a lesion between administration and patients, making sure to coordinate their every need. 

  • Medical Information Managers

The role of health information managers is a data-driven one, where they have to ensure the efficiency and accuracy of the data and information collected from various departments in hospitals, private medical practices, or other health-related businesses. These professionals have to coordinate and supervise staff and keep up the accuracy, timelessness, and completeness of the financial statements, data, and productivity reports.

You may like to know how MHA is different from MBA in Healthcare Management.

  • Claims Manager

The primary role of the Claims manager is to receive, assess and manage the claims made by the policyholder. They have to examine whether the claim is valid and arrange the health fund and action as needed. 

He or she is responsible for making timely and proper disposition of claims depending on the health policy provisions. In addition, they can also recommend and implement best practices to complete claim settlements, legal reviews, and compliance with company policies and regulations of the insurance industry.

  •  Medical Practice Manager

The medical Practice Manager’s primary role is to supervise the operations of various departments of healthcare organizations, from the front office and staffing requirements to managing patient complaints and maintaining an inventory of medicines and equipment. Simply put, they have to oversee various tasks to ensure the clinic is performing at its peak smoothly and successfully.

  • Healthcare Entrepreneurs

Healthcare entrepreneurs are transforming the industry by developing innovative solutions that enhance patient care, streamline operations, and improve accessibility. They leverage cutting-edge technologies such as AI, telemedicine, and digital health platforms to address critical challenges in medical services, pharmaceuticals, diagnostics, and wellness. With a deep understanding of both healthcare and business, these entrepreneurs create scalable and sustainable models that improve efficiency while maintaining quality. Whether launching health-tech startups, revolutionizing medical devices, or optimizing healthcare delivery systems, healthcare entrepreneurs play a crucial role in shaping the future of global healthcare.

  • Health Policy Analyst

A Health Policy Analyst plays a critical role in evaluating, developing, and improving healthcare policies to ensure better health outcomes and efficient resource allocation. These professionals analyze public health trends, legislation, and economic impacts to provide evidence-based recommendations for government agencies, healthcare organizations, and advocacy groups. They work on areas such as healthcare access, insurance policies, regulatory frameworks, and health equity, ensuring that policies align with public needs and industry standards. With expertise in data analysis, policy research, and strategic planning, Health Policy Analysts contribute to shaping effective healthcare systems that are both sustainable and accessible.

  • Healthcare Project Manager

A Healthcare Project Manager is responsible for planning, executing, and overseeing projects within healthcare organizations to improve patient care, streamline operations, and enhance efficiency. They manage initiatives related to hospital administration, healthcare IT implementation, regulatory compliance, and process optimization. By coordinating cross-functional teams, setting timelines, and ensuring resource allocation, they drive projects to successful completion. With expertise in project management methodologies, budgeting, risk assessment, and stakeholder communication, Healthcare Project Managers play a vital role in delivering innovative healthcare solutions while maintaining quality and compliance with industry regulations.

Check out this blog to understand the best MBAs for healthcare professionals.

Why choose an MBA in healthcare management as a career?

Due to the ever-evolving demand for expert managers, the healthcare industry is actively looking for MBA graduates. The graduates will be provided with various career opportunities from MNC to government jobs after an MBA in healthcare management, considered one of the highest-paying and most rewarding professions. For instance, the healthcare management consultant’s salary will be approximately INR 5 to 6 LPA.

MBA holders in healthcare management have bright careers in various roles. Let us explore why you should choose an MBA in healthcare management as your career.

  • Healthcare is inevitable

Healthcare has recently been one of the fastest-growing sectors, especially due to the pandemic. Hence the field calls for skilled professionals to acquire the position of administrator or manager in the organization to manage costs, resources, and manpower. Moreover, the sector’s continuous growth will move you up the career ladder. Enrolling in hospital administration courses or healthcare management programs are quick way to start a career in healthcare industry.

  • Step up and stand out

MBA healthcare management jobs will help you gain business acumen, including ideas, theories, and techniques of medical establishments. It will help you have the edge over the competitors, enabling you to make a mark among peers and leaders.

  • Harnessing holistic growth

The healthcare sector is full of advanced technology, enabling seamless and streamlined healthcare operations. Moreover, you will be in a better position to amp up your ability in dealing with various aspects, including diversity, ethics, and cultural differences. It will assure you of holistic career growth where you can deliver improved quality care.

  • Fulfilling financial rewards

Besides numerous job opportunities, an MBA healthcare management career places you in a position with a higher pay bracket. According to a recent survey, the average salary for healthcare management freshers is INR 5 LPA which might increase to INR 20 LPA.

Read more: Most googled questions after MBA Healthcare Management

Top recruiters in the healthcare management sector

An MBA in healthcare management opens up various opportunities in hospital management, hospital administration, and other senior positions. Some of the top recruiters who hire MBA healthcare management graduates are –

  • Cipla
  • Fortis
  • Apollo
  • Manipal Hospitals
  • KPMG
  • UNICEF
  • Practo
  • Glenmark
  • Pfizer
  • AMGEN
  • Omega Healthcare management
  • Star Health
  • Siemens
  • Health Trail Portal
  • IMS Health
  • Max

Read more about top companies hiring MBA healthcare management graduates

Can I study healthcare management online?

Considering the lucrative healthcare management salary in India, the online MBA in Healthcare Management offered by Manipal Academy of Higher Education can be the best choice for you. This online MBA program designed to suit the schedules of working professionals will prepare you for a career in the healthcare industry, instilling practical understanding and problem-solving ability. 

This postgraduate course equips the students with strategies and systems involved in managing the healthcare industry. It will teach them to improve the internal and external cooperative systems, ensuring a broad number of job opportunities in hospital and healthcare-related firms.

Check out what students say about their online MBA healthcare management program

Eligibility criteria

Educational QualificationGraduates (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.
Professional ExperienceOne year of work experience in reputed organizations

Learning outcomes

  • Explore different domains such as finance, marketing, management principles, business, and more
  • Get a deep insight into the healthcare operations sector
  • Detailed knowledge to seal the gap between hospital administration and patients
  • Stay ahead in learning about the latest trends and policies in the industry
  • Acquire a broader perspective and enhance your earning potential

Get a first-hand narrative of the benefits of MBA for doctors.

Bottom line

The healthcare sector is vast and growing, and so is the position, making a mass impact on the economy worldwide. Hence, choosing a career in healthcare management can be extremely rewarding and an ideal option for those looking for a perfect way to make a difference in the industry. 

If you are seeking to enter the world of distinguished and better-paying MBA healthcare jobs, then it’s time to advance your career with MAHE’s MBA in Healthcare Management by Online Manipal. In a nutshell, healthcare management continues to thrive and grow, offering various opportunities to contribute to the community and society to a large extent.

What is the scope of an MBA in IT and FinTech?

India has 26 FinTech unicorn and stands at the fourth positions in terms of number of FinTech unicorns. The number of registered FinTech companies are 10,200 in 2024, which is a quick growth from 2,100 in 2021.

As a result, the sector offers several Fintech job opportunities to develop, innovate, and flourish. The global finance business is redefined by artificial intelligence, machine learning, and blockchain technologies, and an MBA degree equips students with these emerging technologies. 

As more renowned banks, venture capitalists, and asset management companies are now welcoming digital disruption; there is a need for skilled individuals in the FinTech sector. Therefore, an MBA in IT & FinTech can provide a variety of employment opportunities for individuals.

You can also read Important concepts to learn during an MBA in IT and Fintech.

Jobs you can get after an MBA in IT and FinTech

Here are a few of the most in-demand roles you can explore after an MBA in IT & FinTech.

  • Financial Analyst 

Financial analysts organize and assess a company’s finances to help the organization make wise business decisions. They analyze past financial data, predict future outcomes, and propose procedural and policy improvements. 

  • Credit Analyst 

Credit analysts assess a borrower’s prior financial and credit records to ascertain their current financial situation and their capacity to pay back credit that a lender has extended to them. 

  • Venture Capital Analyst 

The venture capital analyst’s responsibility is to determine which companies are worthwhile investments. They establish connections with venture capital firms, collaborate with them to determine the market’s need for potential startups, and then fund those startups so they can grow. 

  • Chief Financial Officer 

The chief financial officer’s responsibilities include analyzing the company’s financial merits and flaws and suggesting corrective measures. They are in charge of overseeing the accounting and finance departments and making sure that the company’s financial reports are precise and finished on time.

  • Financial Risk Manager 

Financial risk managers are experts at understanding and managing financial risks. Their duties may also include analyzing risks, recognizing menaces to assets, and providing solutions to risks. They are also responsible for creating plans to offset the effects of changing market conditions on enterprises and their financial affairs. 

  • Blockchain Developer

Blockchain developers create systems to collect and preserve blockchain data in a manner that hinders alterations or hacking, enabling secure digital transactions. They create application functionality and interfaces, safeguard blockchain technologies, and client and server-side apps. 

  • Data Scientists 

Data Scientists collect data and analyze it to extract information that can be used to forecast financial information. They assess and analyze data from various sources to find solutions to financial challenges.

  • Cybersecurity Experts 

Cybersecurity Experts carry out investigations, create a plan of action, and build security solutions using scenario-based testing. They use smart encryption to protect data and systems and find and fix flaws to thwart future assaults.

Job rolesAverage salary
Financial Analyst₹ 4.0 LPA
Credit Analyst₹ 5.2 LPA
Financial Risk Manager₹ 9.2 LPA
Blockchain Developer₹ 6.5 LPA
Data Scientist₹ 10.2 LPA
Cybersecurity Expert₹ 14.2 LPA

Sectors in which FinTech professionals can get jobs

FinTech is a competitive industry and is growing rapidly with new innovations and technologies. There is no better time than now to enter this technologically advanced industry and begin your career in various sectors after MBA in IT & FinTech. FinTech professionals can work in various sectors, such as:

  • Banks 
  • Financial institutes 
  • Insurance companies 
  • Marketing agencies 
  • Research institutes
  • Consulting agencies
  • IT firms

How does an MBA in IT and FinTech pave the way for a lucrative career?

Manipal University Jaipur offers an online MBA in IT & FinTech course through Online Manipal, to provide in-depth exposure to pivotal FinTech domain components. This program is designed for experts who desire to hold managerial roles in the FinTech sector. Candidates who have enrolled in this program get access to live and record classes from expert faculty, attend career-oriented webinars from industry experts, and get placement assistance after completion of the program.

 To know more about the syllabus of the program, read MBA IT & FinTech course syllabus.

Eligibility Criteria

  • Candidates must have a 10 + 2 + 3 year bachelor’s degree from a recognized university/institution or an equivalent qualification as recognized by the Association of Indian Universities
  • Candidates must have a minimum of 50% marks in aggregate in graduation (45% for reserved categories)

Conclusion

The current market offers thriving chances for an MBA professional skilled in digital finance and banking studies. Pursue an online MBA in IT & Fintech from Manipal University Jaipur if you want to advance your career and are intrigued by the field of Fintech. This course gives individuals a better understanding of industrial policies and standards in the FinTech sector, making them more ready for potential employers and the marketplace.

Difference between personnel management and HRM – Why you must know

Did you know that organizations that implement strategic human resource management (HRM) practices are more likely to become high-performing entities in the market? This finding underscores the growing importance of understanding the difference between personnel management and HRM.

Though both fields aim to manage the workforce within a firm effectively, they have different approaches and objectives. In this article, we shall look into some of the primary differences between these two models of managing employees.

What is personnel management?

Personnel Management refers to the traditional method that is used when either recruiting or engaging workers in an organization. It usually involves handling things like legal compliance, recruitment and employee grievances. The following are the main goals behind personnel management:

  1. Administrative focus: Day-to-day operations such as hiring new staff and wage calculation.
  1. Reactive approach: Responding to problems after they occur as opposed to knowing them in advance.
  1. Compliance management: Keeping legal standards in labor laws and regulations.
  1. Employee relations: Harmonizing employees with the organization.
  1. Discipline enforcement: Maintaining order through ensuring that workers comply with set regulations.

It views workers as part of the tools that contribute to production in terms of controlling each stage and following some procedures.

Also read: Career opportunities with Human Resource Management

What is Human Resource Management (HRM)?

Human resource management (HRM) is a contemporary strategic approach to managing an important organization’s asset, its people. It goes beyond just administrative work to ensure that the workforce is aligned to the firm’s objectives, and employee development is promoted. The main aspects of HRM include:

  1. Strategic integration, which entails aligning HR policy and practice with an organization’s long-term objectives.
  1. Anticipating and preparing for future human resource needs and challenges for the organization.
  1. Developing staff skills through training programs.
  1. Employee performance management.
  1. Ensuring employees are motivated at work.

According to HRM theory, employees are valuable assets that need development, satisfaction, and direction to achieve organizational goals.

However, personnel management does not concern itself with improving employee performance and relations, as compared to HRM.

Key differences between personnel management and HRM

Acquainting yourself with the differences between HRM and personnel management is essential for people. They include:

AspectPersonnel ManagementHuman Resource Management
ApproachTraditional and administrativeModern and strategic
FocusEmployee welfare and labor relationsAlignment of HR strategies with business goals
Treatment of employeesViewed as tools or machinesConsidered valuable assets
Decision-makingCentralized and slowDecentralized and rapid
CommunicationIndirect, through hierarchyDirect, encouraging open dialogue
MotivationRelies on external controls and monetary rewardsEmphasizes intrinsic rewards and employee engagement
Job designBased on division of laborEncourages teamwork and collaboration

Why understanding the difference is essential

Grasping the difference between personnel management and HRM is vital for several reasons, some of which we can list out:

  1. HRM ensures that human resource policies are in sync with the organization’s mission and objectives, leading to cohesive progress
  1. A strategic HRM approach improves productivity levels & job satisfaction by focusing on development and engagement.
  1. This can prepare an organization for rapid responses to changes in human resource requirements due to market changes.
  1. Some benefits of implementing HRM practices are that firms are able to hire and retain the best talents in the field compared to their competitors.

In today’s dynamic business environment, transitioning from traditional personnel management to strategic HRM is beneficial and necessary for sustained success.

You may also like: Top 12 objectives of HRM (Human Resource Management

Online Manipal’s programs in human resource management

In the field of human resource management, there are several degree programs one can pursue via Online Manipal’s platform. For professionals in Human Resource Management, Online Manipal provides online Master of Business Administration programs from prestigious universities that suit various needs:

Online MBA in Human Resource Management – Manipal Academy of Higher Education (MAHE): 

This UGC-entitled course enhances current HR practice areas including performance management, HR analytics and talent acquisition, among others. It is designed for those already working within the industry who require flexibility in their studies or access to more extensive resources.

Online MBA in Human Resource Management – Manipal University Jaipur (MUJ)

This program gives its students strategic HR management skills including organizational behavior and employee relations. The course applies to those looking forward to enhancing their careers through total transformation in these fields.

Both of these programs are structured to provide sufficient knowledge and practical know-how in preparation for taking leadership positions throughout the divisions of the HRM sector.

The bottom line

Conclusively, it is essential for modern professionals who seek to cut across the complex organization structures today to comprehend the differences between personnel management and HRM. Personnel management oversees basic administration functions, whereas HRM integrates them with more advanced strategies that are consistent with corporate goals at a broader level. 

For those aspiring to deepen their expertise in HRM, exploring the online MBA programs offered through Online Manipal can be a significant step toward achieving career excellence in human resource management.

Checkout different MBA specializations

MBA Specializations
Master of Business Administration (Online MBA)Online MBA in IT & FinTech
Online MBA in Digital MarketingOnline MBA in Operations Management
Online MBA in FinanceOnline MBA in International Business
Online MBA in MarketingOnline MBA in Information System Management
Online MBA in Human Resource ManagementOnline MBA in Project Management
Online MBA in Analytics and Data ScienceOnline MBA in Supply Chain Management

Megha Talwar: From an RJ to the Miss India Glam stage 

From aspiring to become a pilot to soaring high as an RJ and beauty queen, Megha Talwar’s journey is nothing short of inspiring. Born and raised in Jaipur, Megha’s path was fueled by passion, persistence, and an undying spirit to chase her dreams. 

She started her career in the media industry as a radio jockey and is popularly called RJ Tamannaa. She soon found herself in the glamorous world of beauty pageants. Alongside her professional journey, she has continued to invest in education, ensuring that she grows both personally and professionally. Here’s a glimpse into her interesting journey. 

The RJ journey 

Like many children, Megha once dreamt of becoming a pilot. However, as she grew older, her aspirations shifted to the world of media and communication. 

Her first step into the industry was through an internship at a radio station, where she got hands-on experience in the world of radio. What started as a learning opportunity soon turned into a passion. She then moved across different cities—working with My FM Chandigarh and My FM Karnal—before returning to Jaipur, where she now works as an RJ with Manipal University Jaipur’s radio station. 

Reflecting on her journey, she shares, “I never planned on becoming an RJ, but once I stepped into the industry, I realized how much I loved connecting with people through my voice.” Over the years, Megha has refined her communication skills, learning to engage listeners, adapt to different moods, and maintain high energy—even on days when she wasn’t feeling her best. 

One of the biggest challenges of being an RJ, she says, is putting on a lively and energetic persona, no matter how she is feeling personally. “Some days, you’re not in a great mood, but as an RJ, you have to sound happy and lively. That’s a challenge, but also an art.” This ability to stay composed and professional has been a crucial skill that she has developed over time. 

The pageant that changed it all 

Despite her success as an RJ, Megha’s ambitions stretched beyond radio. Encouraged by her boss, she decided to step into the world of beauty pageants—an industry she had never imagined herself in before. 

In 2023, she participated in Miss Haryana, where she secured the title, opening doors for her to compete on a national level. Soon after, she applied for Miss India Glam 2025, initially thinking it was just another experience. “I never expected to get selected, but after multiple rounds—auditions, talent shows, and rigorous grooming sessions—I found myself in the finals.” 

The competition was fierce, with over 8,000 applicants from across the country. Megha advanced through intense selection rounds, gradually making her way to the top. After days of training and walking in eight-inch heels, she emerged as the fourth runner-up of Miss India Glam 2025. 

This was not just a personal achievement for Megha—it was a moment of validation. Coming from a family that did not have anyone working in this field, she faced many doubts and concerns along the way. But when she walked onto the stage as a finalist, her father’s pride made everything worth it. “Seeing my father’s pride when I walked on that stage was the biggest win for me.” 

While Megha was exploring her professional ambitions, she never lost sight of the importance of education. She pursued her Bachelor’s in Journalism and Mass Communication from Manipal University Jaipur, which gave her both theoretical knowledge and practical exposure to the media industry. Currently, she is continuing her academic journey with an online Master’s in Journalism and Mass Communication through Online Manipal, further strengthening her expertise. 

Speaking about her experience, she says, “Manipal University Jaipur didn’t just give me theoretical knowledge—it gave me practical exposure. From communication skills to confidence, my education played a crucial role in shaping who I am today.” 

She credits her faculty and mentors for helping her gain industry experience, which has been invaluable in her journey. “Manipal isn’t just about academics; it helps students evolve into well-rounded professionals.” She believes that balancing education with her work as an RJ and a model has made her more disciplined and confident in her abilities. 

The challenges of a multifaceted career 

Juggling multiple roles is never easy. Megha is not just an RJ and a model—she is also a national-level dancer and a theatre artist. Managing all these different passions requires a great deal of patience and resilience. 

She shares, “Being an artist is not easy. Some days, you don’t feel like performing, but you have to put on your best self. I’ve learned to stay composed and professional, no matter the situation.” 

Her experience in theatre has also helped her grow as a communicator. As an RJ, the ability to express emotions through voice is crucial, and her background in acting has given her an edge in this aspect. 

Conclusion 

With a growing career in radio and a strong foothold in modeling, Megha has no intention of slowing down. She dreams of expanding her career beyond being an RJ and a model and aims to explore opportunities in television, media production, and digital content creation. 

She also hopes to inspire more young women to step out of their comfort zones and explore unconventional career paths. “I don’t want to be confined to just one profession. Whether it’s RJing, modeling, or dance—I want to explore it all.” 

The future of jobs 2025: Key insights from the World Economic Forum report 

According to the WEF Future of Jobs Report 2025, 22% of today’s jobs will be disrupted by 2030—with 170 million new jobs created but 92 million jobs displaced. The report provides an in-depth analysis of the said trends in the job market, emphasizing job growth, skill disruptions, and industry transformations. With the acceleration of automation; adaptability, continuous learning, and resilience are the fundamental components of workforce productivity. The future of work is all about proactive strategies to handle technological and economic disruptions. 

This report is a must-have for employees, executives, business managers, government officials, and educators who want to be updated about the trends in the job market, be aware of changes in the skills required by companies and get prepared for the transitions in the industry. 

This blog presents the report’s key insights, which concern job transformation and the necessity of specific skills for future success.  

The role of technological advancements 

Trends in AI, robotics and energy technologies are most likely drive business transformation

Technology is still the primary factor driving a shift in the job market. Employers believe that expanding digital access will be the most disruptive trend. Around 60% anticipate it will impact their businesses by 2030. The primary technology advancements shaping the labor market are: 

  • Artificial Intelligence (AI) and Information Processing (86%): AI-based automation and data analytics are in the process of being reshaped into the industry, and thus, technology is responsible for generating new employment opportunities and renewable energy. 
  • Robotics and Automation (58%): The automation process leads to higher productivity, which can also imply job creation and deletion. 
  • Energy Generation, Storage, and Distribution (41%): This is a transition in the energy system from fossil fuels to renewables; therefore, more jobs will be created. 

Although these trends will result in high demand for tech-related jobs, they will also lead to the demise of traditional employment. The future-proof skills in this field are AI and big data, networks and cybersecurity, and technological literacy. 

The fastest-growing jobs 

The rise of advanced technology and the awareness of climate change will affect job roles differently. We are taking a deep dive into this. 

Top fastest-growing jobs by 2030 

  1. Big Data Experts – The increased need for data-analytics skills stimulates demand for data-driven decision-support tools. 
  1. FinTech Engineers – A la carte banking, cooperation, and solutions will be augmented by the growth of digital financial services. 
  1. AI & Machine Learning Specialists – The growing adoption of AI in the healthcare, retail, finance, communication, and transport sectors will cause AI penetration. 
  1. Software & Application Developers – Enhancing digitalization is the principal factor driving change. 
  1. Security Management Specialists – The increased cyber-attack rate because social media, web applications, financial systems, and banking networks are connected to the Internet will increase security management. 
  1. Autonomous & Electric Vehicle Specialists – EVs and automation will be expanding, and thus, designing electric vehicles will become a sought-after job. 
  1. Renewable Energy Engineers – A positive development is that the global surge in renewable energy use propels sustainable job growth. 
  1. UI & UX Designers – The transition from digital interfaces to digital experiences underscores the importance of designers focusing on the user experience and visual storytelling. 

The skills employers are looking for 

Global work force - skills in 2025

In 2030, 39% of the skills sought now will be outdated or deepened into new skills. It is more likely for this skill transition to occur more slowly than in previous years, implying that the adoption and workforce stabilization of technology are now at the same level. A summary of highlights: 

Top in-demand skills for 2025-2030 

  1. Analytical thinking – Problem-solving and critical analysis are still essential.  
  1. Artificial intelligence and big data – Employers value employees with skills in both AI and data outcome analysis. 
  1. Cybersecurity and network management – The necessity of safeguarding digital assets has become crucial. 
  1. Creative thinking – Creativity and the ability to master new ways of doing things in an ever-changing world are the keys to success in life. 
  1. Resilience and flexibility – The flexibility to navigate disruptions is essential for a successful and effective manager or employee. 

To remain competitive, 59% of the global workforce will require upskilling or reskilling by 2030. Employers plan to: 

  • Upskill 29% of their workforce in their current roles. 
  • Reskilled and redeployed 19% of employees in new roles. 
  • Leave 11% of workers without reskilling, putting them at risk of job displacement. 

Demographic shifts reshaping the labor market 

Two major demographic trends are altering employment patterns: 

  1. Aging Populations (mainly in high-income economies) – This drives demand for healthcare jobs, such as nursing and social work. 
  1. Expanding Working-Age Populations (mainly in low-income economies) – This is increasing demand for education professionals, including higher education teachers. 

These demographic changes highlight the need for skills in talent management, teaching and mentoring, motivation and self-awareness. 

Employer strategies for workforce adaptation 

According to the employer survey, 63% of businesses recognize the existence of skill gaps and their impact on business transformation. In addition, the businesses are: 

  • Re-emphasizing employee upskilling (85%) 
  • Recruiting of employees that have the necessary skills (70%) 
  • Migrating employees from the declining sectors to the expanding ones (50%) 
  • Trimming staff due to the redundancy of certain skills (40%) 

Supporting employee well-being is also a key talent strategy, with 64% of companies focusing on mental and physical health to attract and retain workers. 

The human-machine balance: automation vs. augmentation 

A shift in the way of working is projected in this report: 

  • By 2030, 33% of tasks will be automated, up from 22% today. 
  • The use of AI will be more than just a replacement for humans, it will further enhance their capabilities. 
  • The IT, finance, and healthcare industries are predicted to adopt AI-driven automation with human oversight. 

Also read: Stay relevant in the age of Artifiicial Intelligence

How does Online Manipal help in upskilling? 

Online Manipal plays a significant role in helping professionals develop the required skills to be successful in the ever-changing employment market. Through a wide range of professional courses, the Online Manipal provides AI, data science, cybersecurity, fintech, and more that aligns with the most rapidly developing job sectors.  

This platform offers flexible, self-paced learning, which makes it accessible to professionals as well as students. As a matter of fact, the curriculum is compiled together with the industry experts, due to which students can acquire practical, job-ready skills. Besides, Online Manipal supports learners by reskilling and upskilling to become more competitive, stay ahead, and adjust to the work market requisites of 2025 and onwards. 

Also read: How working professionals are upskilling their careers with Online Manipal 

Conclusion 

By 2030, the job market will be completely different as it goes through technological change, the economy, climate issues, and the change in people’s demography. This will also lead to the creation of new job roles and will become a significant problem for employers and employees. Upskilling, reskilling, and adaptability will be the most important for the sustainable development of the workforce.  

Along with handling the shifting trends, the companies should also aim to invest in the human resources and infuse AI, as well as the sustainability initiatives; even these will be the real determinant of the company’s future growth in a dynamically changing job market. 

Guide to Investment Banking: My journey and insights 

Investment banking is an exciting, fast-paced, and high-stakes career that demands both strategic thinking and problem-solving skills. With over two decades of experience in this sector, including roles at some of the world’s leading firms such as Bank of America and Citibank, I have gained valuable insights into the industry. Through this guide, I aim to share my experiences, practical advice, and key learnings for anyone aspiring to build a career in investment banking. 

What is Investment Banking? 

Investment banks are financial institutions that specialize in providing services related to capital markets and financial transactions. These services include mergers and acquisitions (M&A), initial public offerings (IPOs), and corporate restructuring. Unlike commercial banks, which focus on everyday banking operations like loans and deposits, investment banks act as intermediaries, offering advisory services and financial instruments to large corporations, governments, and institutional clients. 

In addition, the following are the largest investment banks in the world: 

  • J.P. Morgan Chase 
  • Goldman Sachs 
  • Morgan Stanley 
  • Barclays 
  • Bank of America 
  • Merrill Lynch 

Investment banks play a critical role in connecting investors with market opportunities while ensuring the security and efficiency of large-scale financial transactions. 

How I got into Investment Banking? 

Surprisingly, the road to investment banking was not through finance. I first earned my degree in engineering and then changed my job to a bank’s IT department. In my first role, I was engaged in a banking technology project where I was responsible for dealing with stakeholders and learning about financial systems. Furthermore, I was involved in the business side which led me to take a real liking to investment banking. 

This experience taught me an essential lesson: anyone from any background can enter investment banking if they have the right skill set, passion, and willingness to learn. 

Also read: A guide to becoming an investment banker

Key roles in Investment Banking 

Within the investment banking career, multiple roles can be followed. Some of the key roles include: 

1. Mergers & Acquisitions (M&A) Advisor 

  • Guides companies in merging or acquiring other businesses. 
  • Examines company finances to determine the company’s value. 
  • Conducted negotiations and ensured that transactions were executed smoothly. 

2. Equity Research Analyst 

  • Studies the functions and performance of stocks and industries in depth. 
  • Gives suggestions to investors on purchasing, selling, or holding shares. 

3. Financial Modeling & Valuation Analyst 

  • Formulates financial models to anticipate company performance effectively. 
  • Provides assistance in creating reports for investment decisions. 

4. Risk Management & Compliance 

  • One risk management and compliance task is ensuring that investment banks comply with regulatory frameworks. 
  • Fund transfers are carried out using blockchain – a technology capable of encrypting and protecting clients’ information. 

5. Investment Banking Technology & Operations 

  • Concentrates its attention on developing a secure and efficient financial system. 
  • Investigate international flows and ensure proper routing of orders during the day. 

All these positions need different abilities, but they are all held in high-pressure environments where instant decision-making is crucial. 

How to become an Investment Banker? 

Investment banking is a multifaceted industry that may offer different career paths based on an individual’s background and area of specialization. 

1. Educational background 

Despite the heavy reliance on economics, business, and finance as qualifications, some of the most sought-after professionals also have a strong grounding in the hard sciences such as Engineering, Physics, Chemistry, and IT areas like computer science. 

  • BBA/BCom graduates: In general stay close to the spectrum of finance and accounting and engage with top best practices in management. 
  • CA/MBA Finance: Focuses on financial analysis and provides exposure to the capital markets and investment arenas. 
  • Engineering & IT professionals: Can transition into banking technology and risk management. 

2. Key certifications 

One of the ways to excel in investment banking is to acquire certificates that relate to the sector. Some of the reputable certifications that are available are: 

  • CFA (Chartered Financial Analyst): Designed for the analysis and valuation of investment. 
  • FRM (Financial Risk Manager): Perfect for those in risk management. 
  • CFA Level 1 & 2: Serves as an introduction and simplifies the investment banking essentials. 
  • CA or CPA (Certified Public Accountant): Good for accounting and financial management. 

3. Essential skills 

Investment banking requires more than just math. Success in the industry requires a combination of various technical and interpersonal skills. 

Technical skills: 

  • Financial models 
  • Valuation methods 
  • Excel and Data Analytics 
  • Financial statements interconnection and relevance 

Soft skills: 

  • Effective communication and negotiation 
  • Critical thinking and problem-solving 
  • Attention to detail 
  • Time management and ability to work under pressure 

4. Gaining experience 

It’s necessary to start in investment banking by engaging in internships and acquiring entry-level positions. 

  • Gain access to summer internships in investment banks. 
  • Acquire practical experience by working for financial research consulting or technology firms. 
  • Participate in personal projects such as financial modeling/stock analysis. 

It doesn’t matter if you are getting your first job in another field, such as business consulting, risk management, or technology; with the right experience, you can still easily switch to investment banking. 

Also read: Top investment banking interview questions and answers

Future trends in Investment Banking 

The world of investment banking is continuously growing. There are several trends that will make a shift in the future, most noteworthy of which are the following: 

  • Artificial intelligence & automation: Financial modeling, trading algorithms, and risk management are being reshaped with the help of AI technology. 
  • Sustainable & green investments: ESG (Environmental, Social, and Governance) investments are drawing increasing attention from different companies. 
  • Rise of fintech & digital banking: Fintech is significantly disrupting the traditional banking model through new business models. 
  • Cryptocurrency & blockchain: Digital assets connected with investment banks are being reviewed as well as decentralized finance (DeFi). 

As technology advances, professionals who combine finance with tech expertise will have a significant edge. 

Final advice for aspiring Investment Bankers 

For those who plan to choose a career in the investment banking sphere, here is my summary of the most important things you should remember: 

  • Start early: Take classes in finance, meet finance professionals, and do internships. 
  • Be persistent: It is a rigorous process, but at the same time, it is possible to break the barrier if you are in a continuous learning environment and are very devoted to the field. 
  • Develop strong analytical skills: Through financial modeling, valuation, and data analysis one will become a supreme candidate. 
  • Build a personal brand: That can be accomplished by involving yourself in the various discussions, writing about these kinds of topics on LinkedIn, and connecting with industry professionals. 

Investment banking is a challenging yet rewarding career that offers high earning potential, global opportunities, and exciting problem-solving tasks. If you have a passion for finance and a drive to succeed, this could be the perfect field for you! 

Popular AI-assisted data analytics tools of 2025

Data science has become the most critical and valuable force in this modern world. It is beneficial for businesses to make informed decisions. This field of data science relies heavily on AI and data analytics. In the future, applying artificial intelligence and data science will expand the advancement opportunities in all industries.

Data sets are becoming vast and complex. The complex information from these data sets can be broken down through these machine learning algorithms. Big data has enabled businesses to adopt sophisticated analysis processes to generate meaningful insights. This shift of advanced analytic systems was pivotal, providing a foundation to build on sophisticated machine learning algorithms.

The blog has listed notable AI-powered tools for data analytics in 2025. Let’s dive in!

What is AI Data Analysis?

AI data analysis refers to applying artificial intelligence (AI) techniques to process and interpret vast data sets, uncovering meaningful insights and patterns. Here are some use cases:

  • Repetitive and time-consuming tasks involved in data processing can be automated through machine learning and other AI-driven approaches.
  • AI helps organizations understand the underlying structures in their data by identifying trends, correlations, and anomalies.
  • AI models can predict future trends and events by utilizing historical data and learning from patterns.
Job TitleAverage Data Science Salary (INR)
Core Data Scientist₹ 8.24 LPA
Data Analyst₹ 6 LPA
Data Engineer₹ 11.4 LPA
Data Architect₹ 21.46 LPA
Data Manager₹ 12.43 LPA
Source

Bengaluru maintains its position as the foremost center for data science and analytics employment, comprising 26% of such jobs. However, there has been a marginal decrease from the 29% recorded in 2022.

How to Use AI for Data Analysis?

A. Defining Objectives for AI-Driven Analysis

Identify the specific goals and outcomes you aim to achieve by applying artificial intelligence. This initial step sets the foundation for the entire process and ensures the subsequent stages align with the analysis’s overarching purpose.

B. Data Collection and Preparation

Ensure the data sources are reliable, relevant, and comprehensive. It may involve cleaning and preprocessing the data to handle missing values, outliers, and inconsistencies.

C. Selection of AI Techniques Based on Analysis Goals

Whether it’s machine learning, deep learning, or natural language processing, the selection should be tailored to address the specific requirements of the analysis.

D. Model Training, Evaluation, and Deployment

This step involves feeding the algorithm with historical data to learn patterns and relationships. Subsequently, evaluate the model’s performance using validation datasets to ensure its effectiveness and generalization.

E. Feature Extraction, Engineering, and Ethical Considerations

Identify relevant features contributing to the analysis and consider creating new features to capture additional insights. Moreover, ethical considerations, such as bias in data or model predictions, should be addressed.

F. Continuous Improvement and Refinement

Implement mechanisms for ongoing refinement based on new data, changing objectives, or emerging trends. Regularly update models to adapt to evolving patterns and maintain the accuracy and relevance of the analysis.

The Relationship Between AI and Data Analysis

A. Revolutionizing Data Analysis with AI

With its advanced algorithms and computational power, AI has emerged as a game-changer in handling and interpreting vast datasets. Machine learning algorithms, a subset of AI, enable systems to learn from data patterns and make predictions or decisions.

B. Real-Time Insights and Predictive Capabilities

AI systems can analyze data in real-time, enabling organizations to make informed decisions promptly. Predictive analytics powered by AI algorithms allows businesses to forecast trends, identify potential opportunities, and mitigate risks.

C. Consistency, Accuracy, and Adaptability in AI Data Analytics

Algorithms are designed to follow predefined rules and execute tasks consistently, leading to more reliable outcomes. Moreover, AI systems continually learn and adapt, refining their models based on new data inputs.

Top 10 AI Data Analysis Tools

Below are the tools combining AI and analytics for 2025:

A. RapidMiner

  • RapidMiner is a powerful AI data analysis tool known for its robust tools for data preparation, machine learning, and predictive modeling.
  • RapidMiner provides flexible pricing plans, including a free primary-use version. It offers a user-friendly interface and is accessible to a broad audience.

B. Tableau

  • Tableau is renowned for its dynamic dashboards and powerful data visualization capabilities.
  • It incorporates AI through features like Ask Data, enabling users to pose natural language questions to the data and receive instant visual responses.
  • Tableau offers various pricing options, including both on-premise and cloud-based solutions.

C. Microsoft Azure Machine Learning

  • Microsoft Azure Machine Learning is a cloud-based platform providing a versatile environment for developing and deploying machine learning models.
  • The tool’s strength lies in its integration with the broader Azure ecosystem. 
  • Microsoft Azure Machine Learning offers flexible pricing based on usage, with options for pay-as-you-go or pre-paid plans.

D. KNIME

  • KNIME is an open-source toolkit that offers comprehensive tools, including machine learning, blending, and transformation capabilities.
  • KNIME is free to use.

E. Google Cloud AutoML

  • Google Cloud AutoML simplifies machine learning model development by providing pre-built components and automation tools. 
  • The tool features a user-friendly interface with drag-and-drop functionalities.
  • Google Cloud AutoML follows a pay-as-you-go pricing model.

F. PyTorch

  • PyTorch is a popular open-source machine learning framework, especially known for its focus on deep learning.
  • PyTorch offers extensive tools and libraries for researchers and developers.
  • PyTorch is free and open-source, aligning with the philosophy of community-driven development.

G. DataRobot

  • DataRobot specializes in automated machine learning, allowing users to build, deploy, and manage machine learning models with minimal manual intervention.
  • DataRobot focuses on real-world business applications and predictive analytics.
  • DataRobot’s pricing model involves a combination of licensing fees and usage-based charges.

H. Talend

  • Talend is known for its data integration and administration prowess.
  • Talend’s capabilities extend to managing big data channels, suitable for organizations dealing with large volumes of diverse data.
  • Talend offers various pricing options, including open-source and subscription-based models.

I. H2O.ai

  • H2O.ai is an open-source platform focusing on machine learning and predictive analytics.
  • It incorporates automated machine learning features.
  • H2O.ai is freely available. 

J. IBM Watson Analytics

  • IBM Watson Analytics is a cloud-based tool that excels in data mining and predictive analytics.
  • It can generate automated insights and perform predictive modeling.
  • IBM Watson Analytics offers flexible pricing options.

How does MAHE help you realize your Data Science career dreams?

Manipal Academy of Higher Education (MAHE) is pivotal in realizing your career aspirations through its comprehensive MSc Data Science program. The program is designed to provide a deep understanding of the intricacies of data science, equipping students with the necessary skills to thrive in the rapidly evolving field. 

The curriculum covers various subjects: statistical analysis, machine learning, data visualization, and big data technologies. The institution provides hands-on experience with industry-relevant tools such as Python, R, SQL, and Hadoop.

Conclusion

In conclusion, the AI-assisted data analytics tools in 2025 showcase the relentless progress and innovation within the field. The tools discussed include various platforms, from established giants to emerging startups. These tools underscore the dynamic nature of the data analytics ecosystem. Therefore, integrating artificial intelligence is pivotal in enhancing analytical capabilities, uncovering insights, and driving informed decision-making.

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