Thursday, September 3, 2020

Which is Better MBA in Finance or Marketing? If Previous Background is B. Tech CSE

 

What are the new waves that are going to shape business education and MBA admission 2020? Will the MBA survive the test of time? Will students show an inclination to study abroad? Will most of the schools finally pay more importance to the impact of big data and artificial intelligence?

An MBA degree is not just an education landmark on a prospect's resume. It holds the power to redefine the individual if done the right way. Which is the better specialization in MBA for a student with a background of B. Tech in Computer Science and Engineering (CSE)? It depends on his /her aptitude and attitude. If he/ she has an aptitude towards sales/ marketing, then an MBA in Marketing is the right choice to climb the ladders in corporate world. It is too difficult for a B. Tech in CSE to perform well in Finance unless and until he/she has a real aptitude towards Finance. Certain B.Tech colleges in Delhi NCR are conducting value added courses in Finance to learn the basics in Finance to focus their career in Finance even after their B. Tech programs. MBA in Business Analytics is the better option for a B. Tech in CSE.

Last year, it was predicted that more specialized MBAs would emerge in the Asia Pacific Belt, that the UK would benefit from Brexit, and that the US would continue to see a decline in applications.



Let's take a look at some of these growing trends and career options that will set the direction in which business education will be moving in 2020.

1. Globally, the impact of technologies such as digitalization, IoT, big data, and artificial intelligence will continue to create value for their customers.  Any graduate with a core-industry knowledge of those technological trends will be benefited a great deal.

2. There will be a continuing shift in international student mobility. The preferred destinations of students, especially from outside the US, are shifting quickly and dramatically. This can have an impact on MBA programs.

3. Data is the latest game-changer. However, only a handful have an adequate understanding of that data. As a Business Data Analyst, you will own this data and will be influencing critical decisions.

4.  Program Manager is a perfect alternative delegation to the Strategy Consultant role, the difference being that here you are the architect that magnifies the blueprint.

Your job is to interpret the program’s strategy, its objectives, and execute all the connected projects to meet the long-term business goals while keeping a tab on the ROI.

5. HR Business Partners are among the most vital roles in a company.

No company can scale without a Human Resource manager, and flexibility is what is critical nowadays in a company to ensure it remains flexible, adaptable, and customer-centric. Flexibility is a cultural shift in an organization, and HR is best suited to uphold it by partnering with the business directly.

Human Resource Managers are not just about planning and directing recruitment strategies.  They are paramount to creating policies and structures that promote a culture of sharing and collaboration besides developing strategies for critical elements like:

  Structuring the company into small and high-performance teams that set their targets

  Creating transparent systems for better clarity and impact. Clarity on the goals, the people heading a project, the consultants and coaches that can help meeting these goals.

   Establishing a solid external employer brand that attracts the right type of people and helps to get clients.

All the above four roles drive the growth of the company on every level - new markets, new customers, new products, new services, etc.

In the coming decade, there will be several opportunities that may not exist today. As a professional, be flexible to unlearn and keen to learn new skills every year to stay prepared to take on these challenges at every step of the way.

The best Management Colleges inDelhi NCR are the best placement colleges too and more than placements they will ensure that the students have the right employability skills to face the challenges in corporate world.

 

5 comments:

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