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MBA For Working Professionals (Master of Business Administration For Working Professionals)
Management degree teaches the students technical, managerial and leadership skills. Earning a management degree gives the students a valuable business acumen, expands the professional network and creates new opportunities. It’s an ideal option to consider if a student wants to enhance their career, transition to a new industry or become an entrepreneur. MBA for Working Professional is a post graduate programme that specifically targets corporate executives and managers who are already in the workforce. The MBA for Working Professional programme is similar to a regular full-time MBA in terms of content, except that it enables executives to work towards earning the MBA for Working Professional degree while continuing to hold their existing full-time jobs. Typically, Executive MBA for Working Professional students are fairly senior in their fields and possess considerable work experience before entering this programme.
MBA for Working Professional is a postgraduate management programme exclusively meant for working professionals who wish to upgrade their managerial skills in their field of work or industry and are able to adapt to the rapidly changing business environment and stay relevant in the job market. The course is aptly decided for the working professionals according to their relevant fields of expertise. The duration of the course ranges from 15 months to 18 months.
Students seeking admission to the MBA Program should have passed Bachelor’s degree / Masters degree and should have secured at least 50% of marks in the aggregate (45% for SC/ST candidate).
Fee Detail
Merit Quota Seats: Rs. 50,000 to Rs. 90,000 per annum. Managemet Quota Seats: Rs. 90,000 to 4,00,000 per annum.
Admission Process
Merit- Interested candidates can apply once the college applications are open. Management- Students looking for Management seats can go for Direct Admission.
Syllabus of MBA For Working Professionals
Year
Semester
Subject
Year I
Semester I
Organizational Behavior
Principles of Management
Finance and Accounting for Managers
Managerial Economics
Semester II
Quantitative Methods
Human Resource Management
Marketing Management
Operations Management
Year II
Semester III
Project Management
Entrepreneurship
International Business
Specialization Paper - 1
Specialization Paper - 2
Semester IV
Specialization Paper – 5
Specialization Paper – 6
Specialization Paper - 7
Specialization Paper - 8
Year III
Semester V
Specialization Paper – 5
Specialization Paper – 6
Specialization Paper - 7
Specialization Paper - 8
Semester VI
Project Work
Dissertation
Viva
Semester V & VI
Finance
Advanced Cost and Management Accounting - I
Financial Markets and Instruments - II
Investment Analysis and Portfolio Management - III
Wealth Management - IV
Research Methods (Compulsory Paper) - V
Corporate Restructuring and M&A - VI
Project Finance – VII
International Finance – VIII
Marketing
Sales and Distribution Management - I
Retail Management - II
Product and Brand Management - III
Business to Business Marketing - IV
Research Methods (Compulsory Paper) – V
Consumer Behavior – VI
Digital Marketing and e-Commerce – VII
International Marketing – VIII
HRM
Recruitment and Selection - I
Compensation and Benefits - II
Manpower Planning and Empowerment - III
Training and Development - IV
Research Methods (Compulsory Paper) - V
OD and Change Management - VI
Laws related to Labor - VII
International HRM - VIII
Operations Management & System Specialization
Production Planning and Control - I
Management Information Systems - II
Supply Chain Management - III
Training and Development - IV
Software Engineering and Systems Management - IV
Research Methods (Compulsory Paper) – V
Strategic Procurement and Sourcing Management – VI
There are enormous job opportunities for the MBA for a Working Professional. Many organisations encourage their employees to pursue this MBA course. There is a huge demand for skilled professionals especially with MBA Executive degrees. Some of the job roles available are
Accounting Manager: An accounting manager oversees the everyday operations of the accounting department of a firm. They also monitor incoming data that is later analysed to create and maintain financial reports or accounting statements. An accounting manager also enforces accurate accounting methods, introduces policies, and upholds accounting principles.
Average salary for an accounting manager ranges from 8 lakhs to 12 lakhs per annum
Chief Financial Officer: The Chief Financial Officer (CFO) of an organisation is responsible for all the finance related activities like planning, implementing, and managing day-to-day financial operations of the organisation. They are also involved in the business planning, budgeting, financial forecasting, and managing negotiations based on the organisation’s finances.
Average salary for a chief finance officer ranges from 10 lakhs to 12 lakhs per annum
Cash Manager: A cash manager is responsible for managing and overseeing a company’s daily, weekly, and monthly cash inflow and outflow. It is their responsibility to reduce the amount of cash that flows into the company in the form of “collectables”. They also have to follow regulations and industry guidelines while maximising the time taken to pay for received goods.
Average salary for a cash manager ranges from 10 lakhs to 15 lakhs per annum
Investment Banking Associate: An investment banking associate is involved in the client-servicing aspect of the BFSI industry. They are tasked with making marketing collaterals, organising and presenting financial information, undertaking valuation analysis, creating and executing transactions with clients.
Average salary for an investment banking associate ranges from 8 lakhs to 16 lakhs per annum
Credit Manager & Specialist: The main core function that a credit manager and specialist is supposed to perform is to manage and be responsible for the credit granting process, applying credit policies, reviewing the company’s customers’ credit at regular intervals, and assessing whether a potential customer is credit-worthy or not. The main goal of a credit manager and specialist is to maximise company profits while minimising losses and bad debts.
Average salary for a credit manager and specialist ranges from 10 lakhs to 20 lakhs per annum
Financial Analyst: A financial analyst is tasked with analysis of results, checking on variances, recognising trends, and through these actions they are expected to advise the management on the steps they should take to propel the company ahead. They also have to analyse and study the data presented to them, organise a comparative study of the data received, and propose changes in the financial plans of the company.
Average salary for a financial analyst ranges from 15 lakhs to 20 lakhs per annum
Other potential career roles:
Business Analyst
Quantitative Analyst
Credit and Risk Manager
Textile Manager
Marketing and Sales Manager
Logistics and Supply
Hospital Administrator
Pharmaceutical Project Manager
Hospital Business Manager
Food & Beverage Manager
Labor Relations Specialist
Marketing Manager
Small Business Owner
Business Consultant
Corporate Manager
Trials Executive
Administrative Service Manager
Rural Development Officer
Purchase/Vendor Development Manager
Planning Manager
Project Manager
Benefits of MBA For Working Professionals
The MBA Executive professionals will enjoy the following benefits in their career
High Salaries: With increasing demand for skilled management professionals, the demand for professionals with MBA for Working Professional degrees is increasing day by day. Companies like Amazon, Google, Facebook, Microsoft are paying pretty high amount of money to their management professionals to work on their business modules
MBA Executive professionals are required in every industry: The MBA for Working Professionals are not restricted to work for just a few industry segments, but their contribution is for all kinds of industry verticals. One can work in any of the domains like finance, manufacturing, information technology, communications, retail, logistics and automobiles. Each industry requires management professionals for taking a competitive advantage and making crucial driven decisions. The time is ripe to choose to take up an MBA Executive course for the professionals.
Skill Enhancement: Learning an MBA can be one’s best investment in a career. One can expect a good reward from developing a skill of management techniques, that not only helps them at their professional levels but also at personal levels. In general, the domain of management is full of unsolved problems and puzzles to solve, which can greatly enhance one’s analytical skills and reasoning. The MBA Executive course helps them to face the challenges of the business world with ease.
Provides Competitive Advantage: One of the key abilities of an MBA for Working Professional course is to develop management skills and train the students to take crucial decisions in an organisation. These decisions require proper practice that should be taken based on various parameters and cannot be purely on intuitions. This is the competitive edge that the management professionals can expect in their careers.
Better Career Opportunities: With the increase in demand for new business modules across the universe, the demand for skilled management professionals is very high. According to estimates there is a huge requirement for skilled management professionals by the year 2025. This means that the need for management professionals is more as they are required to play a bigger role in the future business world.
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