The essential skill sets that you will learn during PG Diploma in Business Management for coping in digital era

The world of today is defined with science taking the lead everywhere and the world of business being no different. It is evident that the role of the managers will undergo the change considering the emerging era of digitization. The students during their PG Diploma in Business Management are taught about the skills that will make their role as manager viable as well as valuable despite the unfolding advancements done by the technology.

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Here are the four key areas where the faculties of the Post Graduate Diploma in Business Management put a great emphasis. Have a look:

  • Technical agility

Each and every domain of the organization is dominated by the technologists who focuson the quantity. Avoiding technology is next to impossible. Thus, it is best not to miss any opportunity of getting training on the latest applications and programs to remain abreast with the latest developments. No matter, whether you like it or dislike it, your professional world is defined with technology and if you keep learning you will move ahead, otherwise, you will surely take a backseat.

 

  • Data Agility

The data that the managers are required to crunch has its own challenges, which include, the quality and accuracy of the data, the relevance and completeness of the data which is fetched and most importantly the source of the data. Thus, as a responsible manager, you need to ensure that the assumptions taken while fetching the data are correct and is in accordance with the requirements of the organization.

 

  • Project agility

The managers who are into project management will face a sea change in their work. The projects will now focus on the innovation, modernization of the existing infrastructure and execution of the strategy. The role of the project manager will grow in importance as well as in responsibility. Thus, to remain effective they need to learn the automated technology.

 

  • Network agility

With the advent of technology, the focus of the work will shift from being vertical to horizontal within the function. The managers will be asked to organize the temporary coalitions for seizing the emerging opportunities and squashing the threats. As the significance of the project will increase, the managers will be required to search for the answers to the key issues somewhere outside the traditional functions. The effective network in such situations can play the role of tapping the right resources at the right time and at the right place to make things work to the best advantage of the organization.

The bottom line:

The organizations will surely evolve and adopt technology at the speed of their respective industry and other peer organizations. The managers need to manage the advancement and strive to remain of relevance in their respective front-end of the career and work towards developing the skills that will help in shaping a better tomorrow.

Benefits Of Pursuing A PG Diploma In Business Management For Budding Entrepreneurs

If you thought just any PG course in India or anywhere as a matter of fact is a guaranteed ticket to make it to blue-chip companies of the world, hold your horses! In fact, even if you are born with a golden spoon and think Entrepreneurship is a cakewalk for all the money your family got, it’s about time you wake up.

The market is evolving with each day. Dynamics and rules to run organizations are changing faster than imagined. So how does one keep their head out of water? Which is that higher educational programme enabling to stay on top of the game? A sound course in PG Diploma in Business Management (PGDM) still is the answer.

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Why PGDM?

  1. enhance your business operating skills

Running a successful venture requires managing its various aspects simultaneously and have knowledge across domains. This requires the entrepreneurs to possess an in-depth knowledge about factors such as finance, management, business planning and even marketing and HR processes. It is only through the possession of this knowledge that the entrepreneurs can improve their skills of analyzing the available data, taking tough business decisions and identifying the business growth opportunities.

  1. help them improve the level of trust and credibility

One of the key factors responsible for the success of top entrepreneurs is the high level of trust and credibility they enjoy amongst both their peers and their workforce. Having earned a PG Diploma from a renowned institute helps the entrepreneurs in establishing a strong sense of trust and credibility amongst the employees as well as business associates. They are looked upon as being capable of making the right business decisions and taking the venture on the path of consistent growth mostly due to the skills and knowledge they gain as a part of their PG course. This also helps to build a sense of professional security and investment safety amongst the employees and peers.

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  1. help them gain a global perspective

One of the biggest benefits that budding entrepreneurs can gain by enrolling for a PG Diploma course in Business Management (PGDM), is that they learn to look at things from a global perspective. This can prove to be an extremely useful trait for enhancing business growth, especially on an international platform. In a time when large scale globalization is the norm, having a global perspective of things can provide a competitive advantage to the entrepreneurs and help them take benefit of the various opportunities that are available to them both at a national and international level.

  1. provide them with numerous opportunities for networking

Pursuing a PG Diploma program enables the budding entrepreneurs to interact with other students undertaking the course. This helps them to establish professional networks with like-minded people which can prove extremely beneficial for the entrepreneurs in the future.

With so many benefits to gain by pursuing a higher education program in Business Management, it is not surprising that an increasing number of budding entrepreneurs are enrolling for PG Diploma programs, to enhance their skills and competence as future entrepreneurs.

Post Graduate Diploma Courses In India – A Great Solution To Meet Career Growth Objectives

Making the right career moves to ensure the desired growth and success is often the most important thing that occupies the mind of aspiring professionals. In fact, the modern generation is significantly more aware about the importance of making the right choices quite early in life. They understand the significance of their choices in helping them realize their dream of becoming a sought after professional in their chosen field. It is this awareness that makes a large percentage of youth to opt for various post graduate diploma courses in India. These courses are designed to enhance the knowledge and skills gained by the students at graduate levels and help them to choose rewarding career paths.

Post Graduate Diploma In HR Management

Depending on their interests and career objectives, trainees can opt for either a generic PG diploma program or go for a course offering specialization in a particular niche. Thus, candidates seeking management careers in IT industry can choose to pursue PG Diploma in Information Technology, while those interested in the financial aspects of business can enrol with institutes offering diploma in financial management. Irrespective of the course they choose, the trainees can be assured of gaining in-depth knowledge about their chosen field. This will turn them into competent professionals ready to take up the challenges of real world work environment calmly and confidently.

Diploma In Financial Management

In addition to choosing the right course, it is also important for the candidates to choose the right college or institute to pursue the program from. It is important to remember that not all colleges might offer a diverse choice of courses to its trainees. However, gaining education at a renowned institute is far more important than enrolling for a specialization course such as post graduate diploma in human resource management, from a mediocre, run-of-the-mill college. The knowledge and skills gained at a renowned institute as a part of a generic program will often out-weigh the specialized training provided by vanilla, average institutes.

Post Graduate Diploma Courses

Post graduate diploma programs are the perfect solution for people seeking higher education that will prepare them in the right way to achieve their career growth objectives. These programs focus more on imparting training about the practical aspects of handling the various business management issues. In addition, they also imbibe students with ample theoretical knowledge to develop sound strategies and plans to tackle everyday challenges quite satisfactorily. It is the various advantages offered by the diploma programs, which make these courses popular amongst the career oriented youth today.

Four Reasons That Make Pursuing A PG Diploma In Business Management An Intelligent Decision

When it comes to choosing a post graduate diploma course in the field of management, a majority of candidates opt for the business management stream. This is because a PG diploma in business management equips the candidates with the right skills and knowledge to help them attain the heights of success in their career. The course proves to be equally beneficial irrespective of whether the candidates intend to start their own venture or take up a leadership position with a renowned business organization. Discussed below are the 4 top reasons that make opting for this course a truly intelligent decision.

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Learn About The Various Aspects of Business Management: A diploma n business management helps the candidates to gain an understanding about the various aspects of operating and managing a venture in a successful manner. The candidates are educated about the importance of various business processes, making it easier for them to handle the different roles and responsibilities with equal ease and efficiency. This enables them to integrate the working of the different functional units in a manner that proves extremely beneficial for the organization as a whole.

More Diverse Career Options: Unlike the candidates opting for specific specialization, the candidates opting for diploma in business management tend to get wider career options to choose from. They can either choose to take up generic management role or opt for relevant positions in specific niches. This helps in enhancing the chances of their growth in both professional and personal spheres, as they are not restricted to a specific functional area within a business organization.

Help Open Avenues Of Career Growth: Candidates who are professionally qualified to handle the different aspects of business management are most likely to be the first choice for leadership roles within an organization. This is because they can handle the different departments and processes in a better manner as compared to managers having specialized qualifications. This naturally opens up better avenues of growth and career success for candidates who are equipped with a degree in business management.

Beneficial For Setting Up New Venture: Candidates who choose to pursue PG diploma courses in business management are at an advantage in terms of setting up their own venture as compared to other individuals. In fact, the knowledge and learning gained as a part of the program can prove extremely helpful even for candidates who intend to join their family business at a top management level. It enables them to prove their ability for the post and win the trust of their subordinates.

Enhanced Career Stability: In general candidates, who opt for a business management program generally, enjoy the benefit of enhanced career stability. They are least likely to be dumped by the organization in time of crises, when the focus is on getting the maximum work done by using minimum resources.

Benefits Of Pursuing A PG Diploma In Financial Management Course

Financial management is one of the core processes of any business organization.  In fact, most companies are constantly seeking professionals to manage the various financial aspects of their organization to ensure that it continues to operate and grow smoothly. Thus the demand for well trained and efficient financial professionals is always present in the market. This makes pursuing a PG Diploma in Financial Management a lucrative choice for management aspirants, especially those coming from an accounting or commerce background. Opting for this area of specialization helps the management trainees to enhance their knowledge about the financial operations within an organization and prepares them to enter the highly competitive corporate world with greater confidence.

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A diploma in financial management at the post graduate level is the right choice for students who have a deep understanding of financial markets and the intricacies of business finance. The course is only second in popularity to the Post Graduate Diploma in Human Resource Management. With several institutions across India offering the program, it has become quite easy for management aspirants to realize their dream of a successful career in the financing sector after completing this course.

Given below are some key benefits that students opting for the financial management stream at the various colleges offering Post Graduate Diploma courses in India, are likely to get.

  • Gain an in-depth understanding of the topics that affect the financial health of an organization, such as capital structure, cash flow valuation, dividends and risk etc.
  • Help them understand the process and the knowledge required for carrying out cost center analysis, creating effective balance sheets and minimizing costs while maximizing profits.
  • Make them aware of the role of a financial manager in a corporate environment and thus prepare them for career in this field across diverse industries.
  • Provide the candidates with an opportunity to specialize in specific sub-disciplines, including risk management, personal financing services and financial planning, which are in great demand in the modern times.
  • Help the candidates gain a competitive edge by equipping them with the skills and knowledge that will help them stand out in this competitive field and increase their chances of getting hired for the best jobs available.
  • Teach them the art of balancing their knowledge and practical experience with commercial thinking and market trends to make the most beneficial decisions for their organization.
  • Enhance the overall personality of the candidates to ensure that their lack of soft skills do not prevent them from achieving the success level that they deserve.

The above benefits are reason enough for candidates intending to pursue a post graduate course to opt for specialization in financial management. However, in order to get all these benefits and much more, it is important to pursue the program at a renowned institute like VJIM, which is known for imparting quality education.

PG Diploma Courses- Preparing Management Aspirants For The Highly Competitive Business World

With the growing demand for trained management professionals, it is not surprising that the number of colleges and institutes offering different management programs has been on the rise. Contrary to what most people believe, the increase in the number of institutes has not affected the quality of management education as deeply as it was expected. Rather, they have provided a greater choice to aspiring candidates to get the requisite training for taking on the highly competitive business world after the completion of their PG diploma courses or MBA programs. In fact, the education space in India is so wide that the growth of b-schools has come as a boon for the candidates seeking a good education for a better career.

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Only a decade ago, pursuing a management course from any institute other than an IIM was considered a waste of time and money. But this outlook has gradually changed as the industry is increasingly accepting candidates, who have completed a PG Diploma in business management from recognized private institutes. These autonomous institutes are known to make every effort to keep the level and quality of their education with the top ranked nationalized b-schools in India. Moreover, they pay special attention towards updating their course curriculum to meet the current business needs and trends. They maintain a close contact with the HR departments of various organizations to understand the qualities and skills sought in a prospective employee and then integrate the same in their curriculum.

It is due to these persistent efforts of renowned private institutions like VJIM, that management aspirants are market ready upon the completion of their programs. The institutions make it a mission to develop the inherent skills of the trainees in a manner that helps them overcome the various challenges in their chosen field of profession. The institutes use both theoretical education and practical demonstration to help the students gain a comprehensive understanding of the various concepts and topics that are a part of their curriculum. They make sure to hire the best faculty for imparting this education in the most effective and efficient manner.

Apart from focusing on enhancing the knowledge of the trainees, the institutes also help in developing their overall personality. This is because the institutes are well aware of the growing significance of soft skills and an impressive personality of a candidate for ensuring their career growth. In order to ensure the same, most private institutes hold special training sessions to improve the soft skills of the candidates and help them acquire and enhance good communication and leadership skills. This further improves the chances of the candidates gaining a successful entry into their chosen field and maintaining their career growth by showing a consistently high quality performance that is well beyond the expectations of their employees and is highly beneficial for the organization.

Additional Activities Students Should Take Part In While Pursuing PGDM

PGDM is one of the most popular choices amongst candidates seeking management education at the post graduate level. There are countless renowned institutions offering different types of post graduate diploma courses to aspiring candidates across the country. Although most such programs are designed according to the latest industry needs and expectations, students should make sure that they keep themselves involved in other activities that will help enhance the value of their studies. Some such activities are listed below.

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  • Students should develop the habit of keeping track of the financial and economic events occurring across the globe and linking them with the local market trends. This will help them understand the impact of any changes in global economy in their everyday life which can prove helpful in their understanding of specific topics that are an integral part of their course.
  • While pursuing the PG courses in India, students should learn to build their professional networks, especially with their seniors. Not only can the older students help them by providing tips and tricks about making the most of their time spent at the institute, they can also help them with valuable suggestion based on their experience in the industry.
  • It is important for the students to try and not miss any of the business fests and other similar events held within their campus or even in other institutes. This will not only help enhance their knowledge, but also give them a better idea of where they stand in comparison with the other students pursuing post graduate diploma in business management.
  • Whenever possible, candidates pursuing PGDM programs should enroll for additional certifications that match their interest. There are countless options of short duration certification programs available to such students, which can help enhance the value of their studies even further.
  • Many times, some of the faculty members teaching the different subjects of post graduate diploma in management are working on one or another research papers. Students should take advantage of this opportunity and request such faculty members to provide them with an opportunity to assist them. The students can also try to present a couple of research papers of their own in some relevant competitions or online forums.
  • In order to keep themselves updated about the skills sought by the industry, students should go through the job advertisements of companies seeking professionals for posts related to their field of study. In case they feel that the necessary skills are not covered by their course, the candidates should seek other sources to update themselves in the same.

Finally, it is important for the students to spend some on recreational and entertainment activities. This is necessary to keep their minds refreshed and help them absorb the vast amounts of knowledge without feeling the pressure too much and also beating the stress of studies.

5 Ways to Make the most out of a Brainstorming Session

“It is better to have enough ideas for some of them to be wrong, than to be always right by having no ideas at all.” – Edward de Bono

Brainstorming is done exactly for this purpose that is to have a lot of ideas on the plate even though some of them are not even worth listening. Brainstorming is the most important team method that we teach in our pg diploma courses.

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If you are willing to do a pg diploma in business management, then you would sincerely would want to excel in this field. Here are five ways to ensure a successful Brainstorming Session :

Using it at the Right Occasions

Brainstorming is a long drawn process that needs planning and careful implementation. Using these sessions for small and pity issues would not be worth. Use brainstorming when new ideas are required or there is a need to generate a large list of possibilities to a particular problem. It is also useful when the problem is inflexible and needs lateral thinking.

Formulation of Brainstorming Teams

Creating large groups with no background knowledge of the subject or the problem can be a big risk. The team should be formulated in such a manner that all the people concerned with different parts of the problem should be included. The prior brainstorming session performance can also be taken into consideration if there are two equally good candidates from a particular field.

Listing Down the Guidelines before each Session

Brainstorming sessions can be extremely overwhelming with people yelling at each other and turning down each other’s ideas out of mere jealousy. This could be easily avoided by laying certain ground rules that needs to be followed at any cost possible.

Postpone the Criticism of Ideas

This hinders the generation of new ideas as other people might get conscious and do not say something. It can also discourage the concerned individual from giving ideas in future. The immediate goal should be to jot down as many ideas as possible and then considering them one by one chucking the inappropriate ones.

Open the gates of Wild Imagination

Any workable and sober idea can not come up just like that. You need to be wild in your imagination and then building upon that eliminating all the unrealistic possibilities can help generate a perfectly workable solution. Rather than criticizing and taming the ideas in the initial stage, it would be better if we evaluate them and edit them eventually. This would make the process more engaging and everyone would feel a sense of being a part of the idea even though it was not theirs in the beginning.

VJIM’s beating 4 top teams and lifting the trophy of Yuva 2016

The professionalism is built on the concrete initiatives and practicality stemming out from the relevant textbook concepts. Reiterating this idea, the team from ViganaJyothiInstitute of Management, Hyderabad’s Salesforce made headlines just a few days back by winning the title of YUVA 2016. Ala Karthikeya, G SaiJanardhanRao, K Sai Vijay, and RamprasadVarun were the members onboard this team.

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When asked about their strategy and the winning formula, they explained by saying “We made sure the team had a balance between people who actually were good at sales, ones who can relate the textbook concepts to the process and ones who could present well. There wasn’t any room for emotions here. It was completely professional. It was rather a co-incidence that we thought of each other’s names when the contest was announced.”

They explained the Yuva Challenge as a sales activity offering a first-hand experience to the management students from leading b-schools. They were given a task to sell a bundle of ITC products within three hours including the handing over of money to the employee of ITC present on the campus. And, this was just the beginning as more was to follow.

“After this, we had to make a PowerPoint presentation of the learning and experiences and send a soft copy of the same to the company. Based on the quality of Presentations, 4 Top teams were shortlisted and we had to face IPE-Hyderabad in the final presentation round on campus” told Ala Karthikeya from the VJIM team.

The products allotted to every group were almost similar so the competition was about planning a strategy that clicked on time and gave the winners an edge over the competitors. In this regard, VJIM students truly displayed an innovative streak that they learnt from their on-campus training. They opted for outbound sales. Although the sales at the end of the day were low, yet they leveraged their experience to present their achievements in a unique manner.

When asked about the most interesting part of this challenge, Karthikeya said “Being a 100% outbound sale, the challenge was to convince prospects whom we never met or interacted with. Not just for once, but make sure, he will get converted into a loyal ITC customer, nothing but the Basic rule of sales like communication and patience.”

Throughout this rigorous sales challenge, they shared some light moments as well. They credited the success of this challenge to their mentor Prof. K Suresh who guided them in preparing an excellent PowerPoint Presentation.

When asked about the takeaway of this activity, they unanimously shared their views by stating “We learnt the importance of good communication, making the right choices and presenting the learning in a unique way. In all these endeavors, what we learnt at VJIM truly paid off.”

WHY HYDERABAD BASED PGDM COLLEGES ARE AMONG TOP PICKS FOR 2017 ASPIRANTS?

Once you have set your mind to get a post graduate degree, the next very obvious steps to resolve are:

  • good b-schools providing the course and
  • the city that will house you for the next years

Over the last couple of years, Bschools located in Hyderabad have been drawing a lot of aspirants towards them. Especially those who are looking for PG diploma in Business Management and other various Post Graduate Diploma courses.

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For more than one reason Hyderabad colleges win with a clear margin. The liveability of the city, availability of faculty, easy access to industries and top practitioners, good environment for start ups, solid infrastructure and governmental cooperation — all of those factors contribute significantly towards the rise of Hyderabad as city of amazing Business Schools.

WHAT DOES HYDERABAD HAVE FOR YOU IN 2017?

 

Yes, Hyderabad is the house of some of the excellent Business schools. Looking at the top five, that is, Indian School of Business (ISB), Vignana Jyoti Institute of Management – VJIM, Osmania University College of Business Management, ICBM – School of Business Excellence, Siva Sivani Institute of Management – SSIM we can get a fair idea why is the aspirant student crowd looking at the newly minted capital city.

One of the bschools in the list that needs special mention and notice is Vignana Jyoti Institute of Management – VJIM, Hyderabad. Over the years, the school has been steadily rising under the guidance of an able leadership and a commendable infrastructure. The latest ranks and surveys are seeing this Hyderabad based school steadily making its way towards stunning placements and rise in average CTC of graduates. The b-school is knows for it’s

a) Personalized Student Mentoring System (PSMS) that keeps the aspirants in check through out the course,

b) industry oriented curriculum that grooms them in the right direction,

c) weekly institutional seminars that smoothen aspirants’ edges,

d) strong placements in reputed MNCs ensuring solid RoI

e) a strong alumni network that will support you for life professionally and in even after work

Another factor to consider is that colleges like Indian School of Business (ISB), Vignana Jyoti Institute of Management – VJIM, Osmania provide excellent career opportunities to its students right within the city when they are done. This is made particularly easy by the proximity of tech parks and a flock of giants like Infosys, Microsoft, CSC, Oracle, Wipro, Kanbay, GE, Value labs, ADP, Dell, Deloitte, iGATE, HSBC, Sum Total, Intergraph, Analog Devices, IBM, Keane, Satyam, Baan, InMage, SatNav Technologies, Tata Consultancy Services, Amazon, Google, etc at hand’s distance.

So, go ahead, Hyderabad is waiting for you!