The Distance MBA Education in Punjab, not only helps students gain the sought-after degree, but also helps them climb up the corporate ladd...
The Distance MBA Education in Punjab, not only helps students gain the sought-after degree, but also helps them climb up the corporate ladder with fresh managerial knowledge and ability set. Along with the management theories, Distance MBA Education in Punjab is still in the qualities of leadership, discipline, and balance which can apply in your day-to-day life, including your workplace. The delivery mode being flexible in this course.
The main and most significant reason why one should go for Distance MBA Education in Punjab is that you can acquire a post-graduate degree without having to quit your full-time job. By joining the Correspondence MBA Education in Punjab, you not only increase your academic qualification but your chance to shine at the workplace increase as well.
Distance MBA Education in Punjab program is offered to keep in mind the convenience of the students. This brings you the freedom to opt for the option that suits you best. If you had aimed to pursue MBA from a Distance MBA Education in Punjab but couldn’t do so, due to other personal or professional commitments, dread not, going for this is the best option, as stated above, you can not only work while pursuing the course upon the course you would rise in your career as well, Moreover, you will earn the aimed MBA degree as well.
The top reason why one should be choosing a good Distance MBA Education in Punjab is the facilitation offered by the institution for good learning and development. It is expected that the real benefits of focusing on the industry interaction like the guest lectures, industry leader interaction, etc. for graduating candidates would be most important. But the association with a good institution can always benefit the students with more comprehensive learning and development which is very important for successful professions.
What is Distance MBA (MBA Distance Education)?
Distance MBA in Distance MBA Education in Punjab is a lucrative career option for those who cannot pursue a full-time MBA program due to various circumstances like lack of money to afford the course, work schedule, etc. Distance learning MBA is a flexible and affordable choice that does not need candidates to attend the classes regularly.
Distance MBA Education in Punjab programs is recognized by UG/AICTE. Many universities and institutes in India offer MBA courses in distance mode. Nowadays most of the universities giving distance MBA courses have established placements cells so that applicants are located in multinational companies, government jobs, etc in profiles like Corporate Associate, Portfolio Manager, Finance Analyst, Credit Risk Manager and Executive, Senior Executive, etc.
Eligibility Criteria for Distance MBA Education in Punjab
The eligibility for Distance MBA Education in Punjab varies according to the institute and duration of the course. However, the common two year Distance MBA Eligibility Criteria are:
- Bachelor’s degree/ graduation from a known University
- A strong score in any MBA entrance exam like State Level MBA/ MMS-CET/ MAT/ CMAT/ CAT/ ATMA/ XAT or equivalent management entrance test.
- Some colleges manage their own admission test if you don’t have any other test score
- Work Experience is favored, but it is not an essential requirement
MBA Correspondence Specializations:
Distance MBA can be done in multiple specializations as per the requirement of students or working experts. This is because many specializations are added in some recent years. So, you can get registered yourself in any of the MBA specializations. Here is the list of MBA correspondence specializations:
- MBA in Human Resource
- MBA in Operations
- MBA in Finance
- MBA in Sales & Marketing
- MBA in Information Technology
- MBA in Supply Chain Management
- MBA in Retail Management
Career Benefits of an MBA Degree
An MBA degree offers many experts, as well as personal, benefits. Whether you work in technology, finance, management, marketing, or manufacturing, an MBA degree will open up possibilities for greater responsibility, career advancement, and increased financial reward. From a personal perspective, an MBA will improve your communication and leadership skills which are essential to professional success.
Following are the key career benefits of an MBA degree.
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1. New job positions are open to you.
When you earn your MBA, many positions that are available to you rise dramatically. According to The Economist, job opportunities for MBA candidates are rising in 2016. Three-quarters of employers say that they plan to utilize MBA graduates in 2016, while ninety-two percent are increasing the number of MBA internships that they give. With that in mind, earning an MBA will fit you to apply to higher-level positions and increase the career possibilities available to you.
2. New career paths are open to you.
Changing gears and pursuing a new career path can sometimes seem like an impossible dream, particularly if you have been working in the related industry for a long time. Getting new skills could easily be the catalyst you need to kick-start your transition from one career to different. Even if your background is not typical for the areas you are considering, an MBA will provide the education and skills required to help you become a more qualified candidate.
3. Your earning potential increases.
A recent study revealed that the average MBA graduate’s pay was 50% higher than their position before getting their degree. Even more important, in the five years after earning their MBA, the average pay increased by 80%. These figures clearly show the financial benefits of an MBA but they don’t address the personal satisfaction that comes with greater responsibility.
4. Your professional skills improve.
One of the key advantages of an MBA is that it improves your theoretical and working knowledge of how businesses operate. A key part of business success, or any endeavor for that matter, is having an addition of “soft skills,” such as communication, teamwork, and leadership. As the saying works– you need to be able to walk the talk. Whether you desire a promotion or plan to begin your own business, having these skills could be the contrast between success & failure.
5. You enjoy greater job security.
Today’s job market is more intense than ever before, filling many with uncertainty and fears of being left out. Among the many benefits of an MBA is a more commercial skillset and greater job security, which may contribute to your peace of mind. The skills you develop in an MBA course will make you a valuable member of any team. Even if you leave your job, your business qualifications travel with you, increasing the possibility of returning to work more quickly.
6. Your world perspective grows.
An MBA increases your enterprise knowledge and helps you understand the nuances of operating in a global marketplace. Many of today’s best programs involve an overseas immersion trip so that graduate students have a first-hand look at how to manage a business in a global arena. Taking a program that attracts international students will further add to the classroom variety and enlighten the discussions. Don’t minimize the advantage of this added benefit in today’s global economy.
7. You expand your professional network.
A strong expert network is one of the most valuable assets that you can have in business. In a survey conducted by the Graduate Management Admission Council (GMAC), 89% of recent MBA candidates said that attending business school helped them to develop a strong expert network. This kind of network enables you to gain access to new job opportunities and may come in handy if you decide to build your own business.
Job Opportunities after Distance MBA Education in Punjab:
MBA learners must have complete knowledge of job opportunities available after Correspondence MBA Education in Punjab. Based on that, you will have to feed your career interest. Business planning, consulting, client relations, resources, or system analysis are required to be a part of your job profile. However, let us take a further specific view of the job possibilities available after an MBA in India: -
Banking & Finance: The Banking & Finance domain involves portfolio management and security & investment analysis. MBA candidates can find jobs in banks, insurance companies, security firms, and many financial organizations. Some of the top companies that give jobs in this domain are Barclays, RBS, Nomura, JP Morgan, Goldman Sachs, etc.
Investment Banking: Jobs in the investment banking area have great demand in the market. Some of the top companies that hire proper candidates for this role are Bank of American Continuum, Motilal Oswal, SBI Capital Markets, etc., The ability of the employees in this field is to connect investors to fund-needing companies.
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Management Consulting: If you are good at problem-solving, jobs in management consulting are the fittest for you. The responsibility of experts in management consulting is to solve companies' issues. He/she is also responsible for containing fresh ideas and new problem-solving methods.
Some of the common companies that hire MBA graduates as management experts are Cartesian Consulting, PeopleStrong, Deloitte, Michael Page, Infosys Management Consulting, PwC, KPMG, BCC (Bain), and Cognizant Business Consulting.
Entrepreneurship: Nowadays, entrepreneurship has set out to be the most favorite option among MBA graduates. The MBA enhances the capability of the learners to become an entrepreneur. Experience does not matter if you want to become an entrepreneur. Students require creative and innovative skills to excel in this career.
Data Analytics: Due to the digital change, big data has become significant for all types of business such as e-commerce, retail, banking, and management. Several popular B-Schools have started giving data analytics courses in MBA. Popular companies such as LatentView Analysis, Fractal Analytics, etc., hire MBA candidates as data analysts or data scientists.
Private Equity: Similar to investment banking, the investment vision of a person comes into action in a job profile associated with private equity. Job possibilities in this domain are wide and some of the popular companies that recruit MBA candidates for job roles in private equity are Fullerton, Fidelity Investments, Axis Securities, JP Morgan Chase, Kotak Wealth Management, Bajaj Finserv, ICIC Prudential Asset Management & Indiabulls Housing Finance, etc.
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