Is It Worth Earning An MBA In International Business?

An MBA degree in International Business is an academic management degree that focuses on the global market. Some of the best MBA colleges in Bangalore or another city focus on teaching a more micro approach to international business and subjects that are related to making the right management decisions and cultural impact of international business. For instance, they learn about international economics, politics, and law. 

Some of the topics include: 

• International Marketing

• International Political Management

• International Social-Cultural Management

• International Economic Conditions

• BFSI

• Retail

• Manufacturing

• Operational (HR, CRM)

• Data Analysis Commercial Analytics

• Negotiations Management

What can you do with an MBA in International Business?

In recent years, the global market has grown exponentially. This growth has created a demand for professionals who possess extensive knowledge of the global market. An MBA degree in International Business allows you to work in various positions in a number of different industries. Some common job titles you may hold include:

Management Analyst - 

As a management analyst, you will be responsible for improving the organization's efficiency, reduce costs, and increase revenue. You will be in demand in corporations that are interested in expanding their business to the international market. They will expect you to be the one who can offer advice to successfully expand to the global market. 

Interpreter - 

When expanding to a new country, it’s important for companies to communicate clearly and efficiently. Therefore, when broadening international ties, many companies hire interpreters and translators to help them grow their business. If you have an MBA in International Business and are fluent in a foreign language, you could be the professional that organizations may be looking for. The best MBA colleges in Bangalore and other cities include a foreign language as a mandatory subject so that their students can learn a second language. 

International Sales Representative - 

International sales representatives and managers are responsible for contacting potential clients in foreign countries in an attempt to sell products and services. They may also be responsible for sales campaigns, contracts, and other similar tasks. 

International Financial Analyst - 

An international financial analyst you will monitor and report on all the financial requirements for international operations. This includes creating budgets and assisting with strategic financial planning. 

Entrepreneur -

If you aim to be an entrepreneur, an MBA degree in International business from one of the best MBA colleges in Bangalore or another city can help you reach your entrepreneurial goals. Earning this degree will teach you all the skills you need to make business in the global marketplace easier.  

Ultimately, earning an MBA in International Business can help you easily step into the ever-growing international market. If you are looking to work internationally, an MBA in International Business is worth the investment.

How to Choose an MBA Course Without Losing Your Mind

There are over 70 MBA programmes available in India and 4500 MBA colleges that offer them. Choosing a suitable programme from such a long list of MBA courses in Bangalore, Pune and other cities might seem like a daunting task. The following are a few tips that can help simplify this process for you. Keep reading to know how to opt for an MBA programme of your choice without getting a headache.

1. What do you find interesting?

"Do what you love and you will never have to work." This might sound cliche, but it is true. You need to list down some fields which you are passionate about and would love to work in.

2. Where do you see yourself in 10 years?

Do you have set goals? Do you know how an MBA programme can help you achieve your goals? If not, you should set them now.  Only when you have a rough idea of where you see yourself working, you will know which programme to select. For example, if you see yourself working in a digital marketing company, handling different teams, opt for an MBA in Digital Marketing or in Communication Management.

3. Have you checked the demand for the MBA programme?

Along with your interest, you need to find out if that MBA programme is in demand. For example, the demand for data analytics has soared in the last 5 years and expected to grow even more. If you like the idea of analysing data and using it to make strategic decisions, opt for an MBA in Data Analytics.

4. Are you ready to relocate to pursue the MBA programme?

The programme which you like and is in demand might not be in your city. In such cases, are you ready to relocate to another city or state? If yes, you should jot down top MBA colleges in Bangalore, Mumbai, Chennai and other cities which offer that particular programme.

5. What type of an MBA programme do you prefer?

There are two types of MBA programmes offered by many colleges: full-time and part-time. If you are ready to invest two years of your life for learning new things, opt for the first type.

6. Have you checked the eligibility criteria of MBA colleges?

In order to qualify for an MBA programme, you need to check whether you are eligible for it. For example, if you want to apply for an executive MBA programme, you must have at least 2 years of job experience in the relevant industry.

These are a few questions you should ask yourself while selecting an MBA programme. Once you have decided a course and shortlisted colleges, it is time to start applying. All the best!

8 Questions to Help You Select a Good MBA College in India

It is time to take the next leap, selecting your business school. Almost every college offers good programmes, exciting job opportunities and state-of-the-art infrastructure. With so many factors to consider and several options to choose from, how do you select an MBA college in India which suits your career goals? The following are a few tips that can help you understand how to shortlist top MBA colleges in Bangalore or other cities and take a step closer to a successful career.

Before you dive into selecting a suitable college to pursue MBA, make a list of any 15 colleges you want to get into. Once you have this ready, you can shortlist the ideal ones for you:

1. What is the eligibility criteria for MBA colleges?

There are over 500+ MBA colleges in India, each with different criteria. This includes an entrance exam, the percentage of your previous degree and more.

2. Have you checked its ranking?

Once you have filtered the colleges you are eligible for, you need to check its ranking from a verified source. This will give you a brief idea of where the business school stands.

3. What programmes does the MBA college offer?

You need to choose a school that offers programmes that will help you achieve your goal and build a strong foundation for your career. For example, if you want to work in international markets, you should look for a college that offers specialisation in international business.

4. Where is the MBA college located and how much does it cost?

If the MBA college is in your hometown, then you have nothing to worry about. However, if you are planning to get accepted in one of the top MBA colleges in Bangalore or any other city, you need to work out the cost of living. Along with this, check whether the annual fees of the college fits in your budget.

5. Does the college offer flexibility?

Are you planning to work while pursuing your degree? If yes, then you should opt for a college that offers flexibility. There are colleges that offer programs which need less on-campus time, part-time studies, etc.

6. Have you checked their reviews?

Now that you have made a shorter list of your dream MBA colleges, check what its alumni have to say about it. This will help you decide if it's really worth going to this B-school.

7. What is the MBA college's placement percentage?

Eventually, all of it boils down to this. Does the college offer guarantee placements in reputed organisations? Most colleges often display their placement percentage on their website, make sure you check that!

8. Does the college offer global exposure?

Employers often prefer candidates who have international experience. Hence, you can opt for colleges that offer global internships. This can broaden your horizons and improve your understanding of different job markets.

These are some of the top questions that can help you shortlist suitable MBA colleges in India and inch closer towards your dream job. Start your search today!

Skills You Need To Be A Healthcare Analyst

India is increasingly warming up to using analytics in the healthcare industry. The Indian healthcare industry is expected to reach $280 billion by 2020 with the help of big data.

It is no surprise that there are multiple MBA courses in Bangalore and across the country offering specializations in healthcare analytics. Here are a few skills you will need if you are interested in penetrating this growing market:

Understanding of The Healthcare Industry

The healthcare industry has complex and diverse medical data sets. Therefore, employers prefer to hire an analyst who has an understanding or background in the healthcare industry.

Many pharmaceutical students opt to study healthcare analytics because they have a basic understanding of medicine and medical terminology.

Good Data Model

Analytics works with data and having a good data model is extremely important to succeed in this field. However, an analyst should know how to identify the right type of data they will need.

For instance, for a hospital admission, you will need more than just general information like the patient's name and address. You will also need information about their insurance plan, clinical information about their disease, previous hospital admissions etc. All this data together will help you make a good data model.

Proficiency in Data Analysis

Definitely the most important aspect of being a healthcare analyst. As you progress in your career you will be expected to dive deep and derive insights from medical data sets. These kinds of insights can only be derived by someone who understands data analysis.

Therefore, it's important that you enrol in a course that teaches data analysis in depth.

Healthcare analytics is in its emergent stage in India, therefore, there is a huge shortage of skilled professional. Take advantage of the poised growth in the future by preparing yourself now.

How You Can Make Better Decisions

On any given day, an adult makes about 35,000 conscious decisions on average. Of course, many of these decisions are made quickly without much thought.

Yet, there are bigger and important decisions that we make that directly affect our future. For instance, you will need to make a decision about which of the best MBA colleges in Bangalore you would like to enrol in. This decision can directly affect your future in terms of job opportunities and your salary package.

You will never know if a decision is right until after the fact. But great decisions are the ones that can stand the test of time no matter how things turn out in the end.

There are a few points to keep in mind when you need to make a good decision. If you keep the following metrics in mind, you will significantly decrease the chances of making bad decisions:

Situation Analysis:

What is the reason behind this decision? What would be the consequence if you didn’t make a decision at all? Who will the decision affect? Do you have any data, research and other information that can aid you in making the right decision?

Public Scrutiny:

There is no such thing as a private decision. At some point in time, the details of any decision will see the light of day. So think in terms of what the public would think if your decision comes to light. What would your family think?

How would stakeholders or employees react to your decision? You can even go so far as to seek feedback before making a decision.

However, the most important thing is to be willing to make the decision. Even when you have inadequate data, you must learn how to make the right decisions.

Don’t spend all your time trying to analyse every little detail. It's important that you seize the opportunity when it presents itself since you never know if you will ever find it again.

Lastly, always have a backup plan. The right leader understands that some decisions will not pan out the way they expected. Therefore, they always have at least one back up plan, should things go wrong.

At the end of the day, you can only do the best with what you already have. Furthermore, don’t ignore your intuition and gut feeling. Sometimes, they are all you may have access to.

Some of the top MBA colleges in Bangalore take training their students to be better decision makers very seriously. This is because they understand that in the world of management decisions need to be made every day.

Skills You Need For A Successful Career In International Business

The international business sector in India is growing at the rate of 7% per year and many organisations have international offices and are looking for competent international business employees. Top MBA colleges in Bangalore and other cities, therefore, provide specialisations in international business to their MBA students.

As an international business employee, you will not only travel the world, you will also interact with high-profile clients and make lasting impacts on global organizations. In addition to understanding business administration, international business students should also demonstrate the following qualities:

1. Cultural Sensitivity

As an international business employee, you will be working closely with people who come from different cultures. Therefore, it's important that you research and understand cultural beliefs and traditions of the global market you want to penetrate.

2. Communication Skills:

Having good communication skills is important to succeed in any position but it is perhaps the most important skill you will need to succeed in international business. As an international business employee, you will need to convey your ideas effectively and efficiently. Not only should you be a proficient writer and speaker in one language, you should also be proficient in the language of the country you work in. Alternately, you can learn one of many most spoken languages in the world excluding English like Mandarin, Spanish, Russian, Japanese and German.

3. Patience and Flexibility:

If you expect to fly to New York or Paris during the first month of your job, you will be left disappointed. Most employees in this field begin their careers domestically and move on to advance positions once they show the right skills. Sometimes, you may even have to seek opportunities in countries you never gave a second thought to. Therefore, you need to remain patient and flexible when it comes to your career in international business.

International business is a competitive field, therefore it's important to earn the right degree to succeed. Just a bachelor's degree is not enough. An MBA in international business will not only give you a business view, it will also help you specialize in global business and allow you to pinpoint international problems that will help you make the right decisions. Some of the best MBA colleges in Bangalore and other cities provide an MBA with a specialization in international business.

3 Big Branding Trends Of 2018

Branding has a major and lasting impact on a business. The fates of many businesses have been created or destroyed depending on how well they’ve been able to use branding.

Along with enrolling in the top MBA colleges in Bangalore, to get started with your business career you have to ensure you keep yourself updated and abreast with trends in the world of marketing.

Let’s take a look at what’s new and valuable in branding this year. Aspiring business owner, entrepreneur, or brand manager; these tips are useful to all:

1. Humanization of brands

Initially branding was like a one-way street, with communication flowing only to consumers. This has now changed as customers want real conversation and seek connection with the brands that fill up their homes and lives. With the increase in the number of brands, the space is getting more and more cluttered. To break through this and be heard, a brand needs to be willing to have a real conversation, like a real human with its consumers. Consistent communication through social media, excellent customer experience, and speaking the language of your consumers can be some instrumental ways to humanize your brand.

2. Create experiences

There is a visible structural change in the economy in the last few years. The economy is being shaped into an ‘experience economy’ with developments in technology. Technology has shifted the focus from accumulating experiences rather than owning material objects.

3. Brand activism

It is the norm for brands to stay out of controversial issues of religion, and politics. 2018 however is poised to see a change, with brands taking a stand on and claiming their allegiance to an issue that hits home with them and their customers. For example, brands like Nike, Apple, and Google are taking a stand against discrimination. This is changing overall customer expectations and setting the tone for future communication to be one of activism.

Following trends in branding is essential for any business to survive and flourish in this highly competitive environment so that they continue to remain relevant to their customers and cater to their ever-changing needs. It helps you, as a business to keep a close eye on the activities of your competitors. It also helps with sourcing ideas for creative inspiration, and saves you from making uninformed decisions.

KSM Bangalore, one of the best MBA colleges in Bangalore, strives to instill in their MBA students the habit of staying updated and informed about such trends so they can transform into true leaders of the modern business world.

MBA In Event Management In India

With an increasing numbers of students opting to pursue higher education, especially in the field of management, there has also been a diversification in the options of specializations offered in MBAs. Apart from traditional specializations such as Marketing, Finance, Human Resources and Operations, specializations in the areas of entrepreneurship, rural management, services management and event and media management are offered by some of the best mba colleges in Bangalore.

Krupanidhi School Of Management is one of the top business schools in Bangalore and gives students the options to choose from specializations such as: Agri-Business management, Bank Management, Entrepreneurship, Finance, Human Resource Management, Information Technology, Insurance & Risk Management, International business Management of NGO’s & NPO’s Manufacturing Management, Marketing, Services Management, Event & Media Management, and Rural Management.

Let us look at what an MBA in Event and Media management entails. This course is designed for aspirants who desire to make a career out of producing memorable large-scale events. Event planning is a highly complex enterprise, and graduates of this course are trained to assume managerial duties that require skills of organisation, conducting business and effective communication. 

In this course students get to learn subjects of tourism, leisure and hospitality as all these fields are related to event planning. This course involves students learning foundational courses of budgeting, business and marketing and may also include providing knowledge including law, human resources, accounting, risk management, and communications pertaining to event management.

As this is a highly demanding profession, success in this field to a great extent depends on the ability of an individual to thrive under high-pressure scenarios. An MBA in this field prepares a student for the rigor of a dynamic and challenging career.

KSM offers one of the most reputed mba courses in bangalore, and graduates from here are equipped with the ability to oversee research, designing, planning, logistics and assessment of events.  

Completing an MBA in Event and Media management from KSM ensures that graduates of this program will enter the job market armed with the knowledge and resources necessary to propose and execute events for corporates and other entities.

How Community-Centered Experiential Learning Is Used in MBA

Community-centered experiential learning also known as community engagement or service learning is pedagogy of teaching that meaningfully brings together learning goals and community service in a manner that enhances both the growth of a student as well as common welfare of a society. This teaching practice enriches the learning experience and builds stronger bonds within communities.

According to cognitive research, community-centered learning is among the top four aspects that make for the best learning environment, the other three being: learner-centered learning, knowledge-centered learning and assessment centered learning.

Krupanidhi School Of Management(KSM), amongst the best MBA colleges in Bangalore uses all the above four independent aspects of learning into their teaching pedagogy for management students.

At KSM, there is emphasis on community-centered experiential learning as it fosters norms for peer learning, which promotes ongoing learning and feedback for improvement. In a community, students are encouraged to be involved and active participants, and contribute constructively. As the environment is highly supportive, students don’t fear making mistakes and are able to learn better from the mistakes they make.

Community-centered learning is incorporated into a course in the form of a project that has learning as well as community oriented action goals. Such projects give management students a chance to apply the content of their courses to community based activities. This provides them with the opportunity to learn in the context of the real world while developing community engagement skills. It is indeed a significant teaching methodology.

KSM is one of the few institutes who offer MBA courses in Bangalore, with such a unique learning method. Community-centered experiential learning has benefits that apply to personal, social and career development of management students. The learning outcomes it provides are positively affecting student’s academic learning, improving abilities of students to apply what they have learnt in the real world and develop understanding of problem-analysis, problem-solving, critical thinking and cognitive development. With respect to personal aspects, the benefits of this method of learning are the increased levels of efficacy, personal identity and greater interpersonal development that comes with the ability to work with others. On the career front, students get the chance to make connections with professionals and community members for learning and get access to better career opportunities.