Friday, November 14, 2014

Short-MBAs- The New Global Favourite

Source: bit.ly/1zUu6IK

There was a man who was very fond of creating designer denim jeans for people to wear. He lives in Gurgaon where most of the people are now fashion- conscious and creative. This man named Aditya Singhal completed his MBA and started his own business after working for a while in a tech-based management company. 

True Tales Of Successful Entrepreneurs
 
Helen Jihan Zhong chose to study business studies instead of completing a masters degree in finance. She established Nature Gift which is a child care service for various companies and universities. 

Manish Ranjan founded NanoHealth, where he could render services to people who are suffering from diabetes and hypertension. This was accomplished while he was pursuing his MBA. 

Adrian Jess sold vinyl records and packing boxes before deciding to pursue an MBA. He felt very trapped and wanted to do much more with his life. He pursued higher education to serve his purpose. 

These are just a few examples from the millions of successful business students in diverse fields of employment and they are revolutionizing the concept of business in the world today. 

Why are people interested in Business? 
 
Anyone who pursues business studies is one who is creative, open to exploration and is constantly looking for an opportunity to grow and expand. People who love to take decisions on their own and stand out in the crowd as an exemplary leader for other businessmen are the ones who are interested in business. It has been estimated that 17% of the MBA students started their own business in 2013. 

What You Need To Know When You Choose A Career In Business
 
There are certain skills that are necessary when one wants to pursue a career in business. 
  •  Team spirit is essential since a business is usually not a monopoly. Many heads and hands go together in making a business successful.
  • Great seriousness, dedication and commitment are required since there are deadlines which need to be met.
  • Networking is essential so there is no place for a person who is shy and reluctant to speak. The more interaction, the better for the firm.
  • The delicate tasks of reading financial statements and spreadsheets, profit and loss statements and cash flow statements are dealt with on a daily basis.
  • The job concentrates mainly on selling and distributing products and practical awareness of the global market scenario is needed.
  • On top of all these one needs to keep calm be tactful when there are high risks involved.
How These Skills Are Being Used In Real Life
 
Whether one wants a full time job in business for a handsome salary or wants to set up a new business, these skills are essential. In the recent times it has been observed that an MBA can in fact equip a person with the tools that are needed to face challenges in business that are ever changing and unknown to a person most of the time. 

How Students Are Gaining Access To Business Studies
 
Business studies courses are being widely offered by the most renowned universities in every country across the globe. The students are gaining first -hand experience in developing the skills by attending classes and by researching extensively. 

The Benefits Of Diplomas 
 
Post-graduate diplomas are also being offered in universities for this purpose. In today’s tech-savvy world, students are also getting a chance to study off campus and online as well. An online postgraduate diploma in business is very useful for those students who are unable to visit the campus of a university on a full-time basis on account of a job or any other obligation. It has been estimated that full time courses in countries like Canada cost about $25,000 and EMBAs cost $35,000. The short courses range from $3000 to $9000. Naturally people are looking for options that fit their bill. 

These short-term courses are cost-effective in case one has a low budget. Under such circumstances, this diploma in business which is a short-term course, is offered at various levels and can help a student pursue higher education. 

At level 7, the online postgraduate diploma in business can help a candidate fast track MBA which means that a student can skip a year of the two year duration of MBA with this diploma and study as a final year student before getting the degree in less than 1 year. 

Anyone who is interested can start a job or a business in half the time that is spent in completing the course thanks to this top-up scheme. 

The online postgraduate diploma in business and the full-time course in universities are both popular among students who are familiar with technology and are interested in starting a career in business as a senior manager or as an entrepreneur. Isn’t it great that one doesn’t have to remain stuck in an entry-level job or in a junior executive role forever? 

What We Can Expect Tomorrow
 
In very recent times, some highly ambitious business students are starting businesses of their own on a part-time basis while studying and pursuing a full-time job. For these candidates it is an evolution of the concept of business as we understood it in the recent past. The future is changing and so are the possibilities and scopes. 

If you have any more questions please write to us.

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