Many career options are available nowadays, and several educated people are competing for the same jobs! Choosing the ideal postgraduate school programme to enroll in may be challenging, with so many career options accessible.

Studying an MBA degree is a wise decision if you’re interested in a job in business or management since it will provide you with the knowledge, values, and skills you need to fit in with the business world.

Benefits of an MBA Course for your career?

A Master of Business Administration (MBA) can be a beneficial degree to earn because it improves knowledge and skills in the financial field. If you want to get an MBA, the program’s difficulty and cost, not to mention how difficult it is to get accepted, can first put you off. Since there are so many possibilities for online MBA programmes today, you can keep working while you study and don’t have to stop living your life to earn your degree.

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Do you fit the profile for an MBA degree?

If you’re wondering if you’d be a good candidate for this course, you should ask yourself some questions. Do you have the temperament to handle a leadership position with ease? Are you comfortable taking on a lot of responsibility for the company? Do you like taking charge of a team? If the responses are yes, you are in good shape.

Career options for MBA graduates

MBA graduates pursuing degree from Top MBA College have various career options, including analyst positions, financial responsibilities, and management consulting. In addition to these beautiful career prospects, you might select more specialized roles like credit manager, insurance adviser, or real estate planner in banks.

Investment bankers make a lot of money because their primary responsibilities are to produce income and promote products to clients. This career path is in high demand and offers you the freedom to develop personally.

Healthcare is another industry where MBA holders may find employment. As the population and the number of medical institutions rise, there will be greater demand for qualified professionals to make vital decisions.

MBA-educated professionals can also work in other positions. They include construction and regional management, where your monthly visits to each company would involve communicating with the floor managers and providing support.

Why Now Is The Right Time To Earn An MBA Degree?

Why Now Is The Right Time To Earn An MBA Degree

Which time of year is best for beginning an MBA programme? Young professionals frequently raise this problem. Here are the top six reasons why now is the best time to get an MBA.

1. Refresh skills and knowledge to meet employer needs

There have been several changes in the market. There is still a need for MBA graduates despite changes in the knowledge and skills that organizations look for in employees. The ability of business schools to adapt and update what is taught and how it is taught to create graduates who are prepared to start working on Day 1 and who will immediately contribute to an organization’s success is one reason why this need has stayed stable.

Technical and analytical skills are currently at the top of the list of requirements for employers. There are numerous opportunities to leverage big data in a world where digital technology is prevalent. Regardless of the business, employers are looking for skilled data analysts with excellent quantitative skills who can use technology to boost productivity, create new opportunities, or offer insights to help solve challenging problems.

You can differentiate yourself on the job market by earning an MBA to add technical and analytical skills to your current functional competency area. Because an MBA school will also teach you leadership, planning, and problem-solving skills, you’ll be ready for speedy, professional advancement.

2. Stay ahead of business trends

Over time, there have been significant changes in how we conduct business. In the past, increasing shareholder value has been our sole priority. Stakeholder value development is currently a top priority for startups and Fortune 500 firms.

An excellent way to broaden your perspective and learn about many sectors, stakeholders, and value creation from all their angles is to acquire an MBA course. You are still a master at maximizing shareholder wealth and making a profit for the company. You also discover how a company may improve communities, advance global health, and address systematic inequalities.

You are taught to consider an organization’s potential value and impacts more comprehensively, whether you focus on one or more topics like Business & Society, Environmental, Social, and Governance (ESG), or Diversity, Equity & Inclusion (DEI).

3. Future-proof against economic and job market uncertainty

The U.S. economy and job market are either doing OK or are on the verge of a recession, depending on the report you read or the analyst you listen to. Recessions are cyclical, and whether one is about to happen or not, there will likely be more than one over a person’s lifetime.

This is something that history has demonstrated. In these times of market uncertainty, it’s frequently a great idea to voluntarily leave your job and enroll in business school.

You can avoid the possibility of layoffs and maintain control over your career by developing new skills and knowledge that make you a more appealing hiring candidate or employee—one who has demonstrated a proactive approach to developing their abilities and one who can bring new ideas and perspectives to an organization in times of need.

This holds true whether you select a standard Full-Time Two-Year MBA or an accelerated One-Year MBA.

4. Proven career outcomes

Do you want to advance in your current line of work? Are you considering shifting industries or functional areas to change career paths? When it comes to predicting job prospects, an MBA is a trustworthy degree.

Getting your MBA isn’t about landing your next job; it’s about charting your career path and setting yourself up for future success. This accomplishment is the consequence of thoughtfully crafted coursework and individually tailored career counseling, which aids students in creating their specific professional ambitions. Although everyone has different career objectives, an MBA can help you achieve almost any purpose.

5. Invest Wisely with a High ROI

There is a quantifiable return on investment for MBA degrees. An ROI from the increased wage is often shown three to five years after graduation. The earlier you decide to study for an MBA, the sooner you will start to reap the rewards because your salary will improve dramatically throughout your career.

Two obvious advantages of a one-year MBA are its shorter duration and lower cost. If it only takes one year instead of two, your time without a steady income is half, and your career will likely grow more quickly (leading to a better wage).

6. Scholarships

Don’t allow the initial tuition costs to stop you from submitting an MBA application. Business schools are constantly looking for qualified MBA applicants and strategies to diversify their entering student body. This includes a range of professional backgrounds and career objectives and more conventional diversity indicators like gender and color. Additionally, business schools are prepared to pay for a strong, very diversified cohort.

The only way to learn the actual cost of an MBA is to apply. conduct research. Find universities that will be a good fit for you. And take the time to research this opportunity since now is the perfect time to get an MBA.

Should I pursue MBA Course in 2022? And from where?

Should I pursue MBA Course in 2022 And from where

It can be beneficial to focus on your personal and professional goals while considering whether pursuing an MBA is the appropriate choice. Consider what it might take to accomplish those objectives and how an MBA can help.

Keep in mind that obtaining an MBA is typically not necessary for job advancement; instead, it is a credential that could facilitate the process. Additionally, you might be able to obtain comparable advantages through employment. For instance, if your career is moving forward, you might not need an MBA right now, you have a clear path to promotion, or your manager is helping you develop your talents.

There are different MBA programmes for people at many stages of their employment, ranging from full-time MBA programmes, which tend to admit students earlier in their careers, to executive MBA programmes designed for people with at least ten years of work experience. Regardless of the type of education, earning an MBA has benefits.

If you are looking forward to enrolling in an MBA then MBA college in Indore is the perfect place to complete your MBA degree with lots of practical knowledge.

Final analysis

People wishing to enter the business world consider an MBA a worthwhile investment. There isn’t any real rush to acquire an MBA if the time doesn’t feel right for you because there are MBA programmes designed to help people at all stages of their careers.

Consider MBA college in Indore for a flexible degree choice at a ground-breaking cost. Take courses with other students from around the world from any location with a full interest. You can enroll in specific classes for free to help you decide whether business school suits you.

A new committee, the Higher Education Commission of India (HECI), has been set up to provide unique educational opportunities to Indian kids. The committee will be regulated by the All India Council of Technical Education (AICTE) and the University Grants Commission (UGC). They will work in collaboration with one other as regulatory bodies for HECI.

The group, established by UGC chairperson Prof. M. Jagadesh Kumar, will initially pinpoint areas where the two authorities might collaborate on developing rules and regulations using a uniform methodology.

The change occurs as the administration prepares to propose the HECI Bill during the winter session of Parliament.

According to Prof. Kumar, bringing together two distinct committees will assist the newly-formed Higher Education Commission of India in providing the proposed benefits in the learning system. The new organization will also deal with the several regulations that stop students from going for general or technical degrees or courses.

The committee includes prime people like the Vice-Chairpersons of UGC and AICTE, in addition to the UGC secretary and AICTE member-secretary.

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Kumar also stated that the committee would also work on identifying other areas where the two commissions can work together on common grounds for the good of students. The areas identified by this new committee will be allotted to a different sub-committee, which will include two different regulators. They will be required to work on their concerned areas. This would reflect the idea that HCEI is being built to oversee every aspect of higher education and ensure the problems are solved in time.

Professor Kumar is in charge of AICTE, who took over Professor Anil Sahasrabudhe, who recently retired and was the first chief of the National Educational Technology Forum (NETF). The new collaboration will also overview and offer recent technological advancements in education.

When it comes to performing necessary regulations on the National Education Policy Act of 2020, HCEI plays an extremely vital role. The plan to merge the two regulatory committees was proposed before the Act’s launch in 2020. However, things were not finalized.

With the initiation of NEP, the government was given yet another chance to bring the two organizations together. The now-lapsed bill, Higher Education Council of India, was also created for the same purpose back in 2018.

A Glimpse On University Grants Commission (UGC)

Our nation, India, has always had a fantastic higher education system, from antiquity to the current era. The post-independence era had a higher level of system growth.

The earliest universities in the world, including Takshashila, Nalanda, and Vikramashila, were located in ancient India. Without a doubt, India served as a hub for learning for both its citizens and those from other republics.

Perhaps many of us are unaware that India has developed so amazingly that we now have the pleasure of studying in the third-largest education system in the world. The UGC, the primary regulating organization for tertiary education, is in charge of the system.

What is UGC?

What is UGC

To start with, UGC stands for University Grants Commission.

The History

Our current understanding of UGC is the consequence of several complex efforts that were made both before and after Indian Independence. Come, let’s take part in the University Grants Commission’s establishing adventure.

  1. The Sargent Report, published in 1944, was the first effort to establish a system of education. It was the Central Advisory Board of Education’s Report on the Post-War Development of Indian Education.
  2. As a result of the recommendation, the University Grants Committee was established in 1945 and given control over Aligarh, Banaras, and Delhi’s three Central Universities.
  3. The committee was given the duty of overseeing all of that era’s universities in 1947.
  4. Dr. Sarvepalli Radhakrishnan was the head of the University Education Commission, which was established in 1948. The report recommended changing the current University Grants Committee into a University Grants Commission India, similar to the UK.
  5. The University Grants Commission was established by Maulana Abul Kalam Azad, a former minister of education, on December 28, 1953.
  6. And via the passage of the “University Grants Commission Act, 1956” by the Parliament, the UGC (University Grants Commission) was legally constituted as a statutory entity of the Government of India in November 1956. The goal was to oversee the establishment, determination, and upkeep of university education standards in our nation.
  7. After six centers were established by UGC in 1994 and 1995 in Pune, Hyderabad, Kolkata, Bhopal, Guwahati, and Bangalore to oversee the region-specific Indian educational system. The head office is now located in New Delhi at Bahadur Shah Zafar Marg.

Roles and Responsibilities

The primary goal and function of the UGC in higher education are to support UGC-approved universities and to coordinate, establish, and uphold the ethical standards in these institutions. The commission supports the consensus among the academic community, the state and local governments, and the public.

For institutions to be UGC Approved Universities, UGC has established additional requirements. Numerous prestigious, medium-sized, and small institutions are being founded daily in India as a result of the expansion of higher education. There are several of these universities that are bogus and do not meet the UGC requirements.

To aid students in identifying these disqualified universities, the University Grants Commission has published a list of Fake Universities in India.

Here are some of the significant responsibilities performed by UGC:

  • Encourage and plan for higher study.
  • Set guidelines for the minimal educational requirements.
  • Creating criteria for tests like the ICAR NET, UGC NET, and CSIR UGC NET
  • Examine the expansion of the sphere of higher education.
  • Grants for colleges and universities are welcome.
  • Keep the lines of communication open between higher education institutions and the federal and state governments.
  • Introduce mandatory regulations to the federal and state governments as a way to improve university education.

Scholarships

The commission has prepared several UGC fellowships and scholarships that give students who are consistently improving our educational system tremendous opportunities.

Students who are struggling financially but have the potential to make significant changes in the higher education system can continue their studies without worry, thanks to UGC scholarships.

A Glance On All India Council For Technical Education (AICTE)

All India Council For Technical Education

The planning and development of India’s management education and technical education systems are the responsibility of the All India Council for Technical Education (AICTE), a governmental agency. The Department of Higher Education oversees the council’s national operations.

AICTE was first founded as a consultative organization in 1945 to evaluate the country’s technical education infrastructure and advance national development. The National Policy of Education (1986) then granted AICTE formal status in 1987.

Roles and Responsibilities

  • The All India Council for Technical Education is in charge of overseeing the institutions of technical education and fostering the growth of the nation.
  • The Human Resources and Development Ministry (HRD) of the Government of India established the National Working Group to oversee AICTE’s involvement in growing the number of technical schools and maintaining the necessary standards in the same. The Working Group claims that AICTE has the legal power required to improve its operations. To accomplish the necessary goals, the AICTE is invested in a variety of tasks and responsibilities.
  • The statutory authority in charge of developing and upholding the rules and standards is the AICTE.
  • By assessing an institution’s operations and services to make sure they adhere to the necessary standards, it also handles the process of quality assurance through the certification of schools.
  • The AICTE keeps track of, assesses, and funds the functional areas in accordance with priority.
  • It upholds the equality of recognition and certification.
  • The country’s technical education must be managed through coordinated efforts.
  • It deals with technical education programs that involve research and instruction in a variety of fields, including management, architecture, town planning, applied arts and crafts, catering technology, hotel management, pharmacy, and others.

Sub-Bodies

The organizational structure of the AICTE consists of many bureaus. In each of these bureaus, the advisor acts as the head. The technical officers and bureau head’s support personnel help. These employees work for the University Grants Commission, academic institutions, or government agencies on deputation or under contract.

The Approvals Bureau: The approval bureau handles the approval procedures when a new technical institution or integrated campus is founded.

Policy Planning and Academic Planning: This body is coordinated and integrated by the AICTE’s Research and Coordination department for technical education.

The Administration Bureau: For efficient administration, the bureau nominates its members to serve on various committees and provides training for the AICTE employees.

The Finance Bureau: It controls the organization’s cash and bills as well as the withdrawal and disbursement of funds.

Initiatives

The AICTE has implemented several initiatives and programs to support technical education as well as the growth of teachers and students. Here are a handful of those examples:

1. Student Learning Assessment Project – AICTE

The study evaluates students’ academic and aptitude progress in technical programs. Understanding and identifying the elements that interfere with students’ skill development is also helpful.

2. The Jal Shakti Abhiyan

As a response to the water crisis in areas of the nation where there is a shortage of water, the government established the “JalShakti Abhiyan” initiative, which is intended to accelerate water conservation efforts. In order to enable student involvement in Jal Shakti Abhiyan, approximately 40000 engineering students have been mapped to the district government thanks to the efforts of AICTE. To promote their efforts, the AICTE also gave prizes to the institutions with the greatest performance.

3. One Student, One Tree

The goal of the “One Student, One Tree” program is to support a clean, green environment. Each student planted a tree as part of an effort by all AICTE-approved technical colleges to instill social responsibility in their pupils. AICTE also acknowledged the institutions with the best performance.

4. AICTE-SWANATH Scholarship Scheme

The AICTE-approved SWANATH SCHOLARSHIP SCHEME offers pupils from selected disadvantaged groups financial aid of Rs. 50,000 every academic year.

5. STTP-SFURTI AICTE

The STTP-SFURTI program seeks to provide teacher and student training through financial support from AICTE to aid in technical education. It aims to put into practice a variety of strategies to aid academic staff and students in the growth of the country’s small business.