December 2018

5 REASONS WHY EXECUTIVE PROGRAM SHOULD BE YOUR NEXT CAREER MOVE

The conventional approach towards work and career treats education and employment as separate, exclusive, and independent activities. Complete studies, get a job, and work for the rest of the productive life — this is how the traditional approach has always worked. Today, success in career requires constant improvement of skills and knowledge. This is where our Executive Master Program Certification can make a huge difference.

Adapt To Ever-Changing Business Environment

Expecting an educational curriculum designed decades ago to help you train for changes and innovations that will take place in the future does not make sense. Knowledge and skills provided by conventional Certification quickly become obsolete due to the dynamic nature of the modern business environment. In such a scenario, an Executive Master Program Certification can help you fine-tune your skills to match the needs and requirements of your organization.

Gain New Skills

A few years of hands-on experience managing people and working in an organization can help you identify areas where you need to develop new skills. Going back to the Onlineclassroom can help you gain new skills and abilities that will help you work in a more productive.

Improved Career Growth Prospects

Qualifying for an organization-sponsored Executive Master program or opting for an E-MPBA program on your own will have a huge impact on your future prospects in the organization. Being marked out as a potential leader or taking the initiative to develop leadership and management skills will help you enjoy faster promotions, new challenges, and bigger responsibilities within the organization.www.iibmindia.in

Develop your Entrepreneurial Skills

Executive EMPBA enables its participants to change their vision of business and, through the mastering of strategic corporate issues, to develop their capacity for entrepreneurship. Entrepreneurship and intrapreneurship – being an entrepreneur within a company – are key for career development, and many executives are interested in launching their own project.

Activate your Personal Development

EMPBA is a global program that responds to an actual need. For participants to achieve their objectives, the program includes Onlinesessions, because evolving and making a change working on oneself. Participants get the opportunity to work on their leadership and decision making skills, but also to reflect on the way companies function. “It is course where participants realize that they Learned things in the course of their careers. www.iibmindia.in

WHY DOING ONLINE MASTER PROGRAM IS BETTER

An Master Program can offer many advantages, including a boost in salary, skill enhancement, networking opportunities, and career advancement potential. Promotion into senior management roles, especially in fields like investment banking, often requires an Master Program.

Both respected and internationally recognized, online Master Programfocus on developing the knowledge and skills necessary for careers in business. Master Program students study big-picture thinking, core aspects of business management, and strategic decision-making. Core coursework for the Master Program includes accounting, finance, marketing, management, economics, and business law. Specializations include business analytics, international business, entrepreneurship, management information systems, and real estate

An online Master program is not for everyone, however, which is why you need to look at whether an online program will help you meet your Master program goals. In addition, not all online Master program are created equal; the amount you benefit from an online MBA will also depend on the quality of your program. You also have to consider your learning style. As an online Master program student, you’ll be working at your own pace; this requires a certain level of motivation and focus.

What are your Master Program goals?

The first thing you need to look at is why you are getting anMaster Program. Are you a working professional trying to advance at your current company? The flexible structure of an online Master Program makes it a good choice for those planning to work while they earn their Master Program Certification. If you are looking to make a more drastic career change, however, an online Master Program may not be the best choice.

Getting your Master Program online means that you can continue working, and therefore maintain a steady flow of income. There are no relocation costs, and very few extra commuting costs. The program schedule is flexible. While real-time learning, Online Lectures  for example, is a requirement of reputable online Master Program Students, much of your study can be managed through asynchronous technology such as online message boards, recorded seminars and lectures, and through e-mail. What’s more, the tools and skills picked up through your online study can be directly applied at work, giving you the potential to improve processes or strategy with almost immediate effect.www.iibmindia.in

HOW TO CREATE A ADVANCE RESUME

A good resume is hard to come by. It requires a lot of thought and effort, and for many candidates… some professional help.

The art of the good resume has evolved and changed over the last 10 years. Different styles of writing and formatting have come and gone, but here are some tips that will help put you on the winning path. Even a resume that’s really good can’t guarantee you a job, but it can get you in the door.

Get it Together

Make sure your content is compelling first, then worry about the design and layout. While appearance can set you apart, it’s hard to impress if you don’t have substance to go with that style. Plus, it’s a lot easier to work with a complete document. Otherwise, you may find yourself forced to re-do design and formatting work as you add or change positions or bullet points.

Contact Information

Your name and contact information should appear prominently at the top of the page without exception. Think of it as the personal letterhead at the top of your professional resume. It should stand out, make a good first impression and gain credibility that will bring the reader in to the rest of your document. After all, you don’t want there to be any confusion about how to respond to set up an interview.

Color is OK!

If wielded with a light hand, color can add a needed point of interest that will draw in the reader. A black and white resume is the norm, but adding one touch of color is not unheard of. Consider adding a different color monogram, or making your headings a dark blue instead of black. Keep in mind that if you’re sending the resume electronically,  the recipient may not print it out in color despite your intentions.

Link Them to Work Samples

Is the resume format too limiting for you? If you’re a designer, writer, or other creative professional, you may benefit from going beyond the standard resume.www.iibmindia.in

If you really want to wow them with your creativity, use a link or QR code on your resume to direct hiring managers to an online portfolio. Let your talent speak for you by showing off your best work.

MARKETING INTERVIEW QUESTION ASKED IN JOB INTERVIEW TO MASTER PROGRAM CANDIDATES

You only have 30 to 60 minutes to make a first impression in an interview. Do you feel ready? Mareting job candidates should be intentional about the perception they create with hiring managers — and that’s not always easy to do.

How do you make sure you leave the best impression possible? It’s essential that you anticipate and prepare for the questions that might be asked of you.www.iibmindia.in

Talk very specifically about how you execute your sales role from start to finish.

When it comes to discussing your sales performance — go hard on the numbers. Have them ready and explain how you achieved them. Did you exceed your quota three quarters in a row last year? By how much? And how did you do it?

If you can’t explain how or why you succeeded in your role, it doesn’t really matter what you achieved.

Be honest about failures, and clearly spell out an example of when you’ve been challenged and how you moved forward.

Now’s not the time to drag out the old, “I’m a perfectionist and it frustrated a prospect once,” narrative. Dig deep and show your interviewers you have healthy self-awareness and the ability to learn and proactively move on from your mistakes.

Talk about a time you lost a client because you were so focused on closing a bigger fish, and mention how you’ve taken those lessons and avoided making the same mistake again.www.iibmindia.in

What is an innovative new marketing strategy that you’d like to implement while in this position?

The goal is to see how up to date the customer is regarding new innovations in the marketing field.

What to look for in an answer:

• Can they name one or more innovative marketing tactics?
• Do they appear fluent in how these tactics can be implemented?
• Are they confident about new strategies?

Example: “I’m really excited about the prospect of creating an experiential marketing campaign, where we can activate the brand in the wild, where our customers are. I’ve researched a variety of marketing activations, such as one where a vegetable company brought branded trucks to a festival and served vegetable snacks to health-conscious consumers.”

Tell us about a product that you successfully marketed. What was your strategy?

The goal is to have the candidate discuss his process of creating and implementing a marketing plan.

What to look for in an answer:

• Do they have an answer ready to hand?
• Do they enjoy discussing the experience of deploying the strategy?
• Is the strategy they discuss a sound one?

Example: “I was charged with introducing a new brand at a tech conference in Las Vegas. We created a strategy that involved physical signage andgiveaways at the conference center, along with a Twitter account that posted about the next locations where customers could find our product. We integrated the campaign with general conference tweets through the use of hashtags. It was a lot of fun.”www.iibmindia.in

WHAT SKILLS WILL I DEVELOP WHEN STUDYING FOR AN EXECUTIVE MASTER PROGRAM?

The commercial world is constantly evolving and it can sometimes be a challenge to keep up with the pace. Therefore, it’s not uncommon to feel that there are areas of professional expertise you could improve on.

An Executive Master Program may be the key to sharpening your business skills and could enable you to achieve a new sense of professional fulfillment.Refined skills and the confidence boost that goes with them can help you capitalise on new career opportunities or drive organisational change in your existing role or business.

So, what are some of the skills an Executive Master Program could help you develop?

Strategic analysis and research

The ability to get under the skin of a business challenge, or potential new opportunity, and weigh up its merits can be a great advantage in your career. Our Online EMPBA allows you to evaluate real and simulated business scenarios through data collation and examination. Building upon your current experience of critical analysis and research can help you make better-informed business decisions in real-time.

Risk management

An important element of making business decisions and propelling progression is the capacity to assess risk. No organisation can afford to stand still EMPBA can enable you to gain the risk management skills you need to help your business negotiate continual development and periods of rapid growth.

Expert problem solving skills

EMPBA Certificate Holders are known to be critical thinkers with strategic views on business issues. During the Certification they are asked to take the time to understand circumstances, identify issues and think strategically and holistically before taking action. After several months of working in this style, it is likely that this method of approaching issues will translate into the work of the EMPBA Candidates, making them great strategic problem solvers in a practical sense.

Dealing with pressure

There are high-pressure circumstances in almost every role, however, the business environment is well known for its pressure, pace and level of responsibility. Throughout the EMPBA Certificate, students fine-tune their ability to manage high-pressure situations – from working towards deadlines to remaining calm and focussed in exams. Students can then transfer these skills into their professional lives and feel confident in their ability to deal with whatever gets thrown their way.www.iibmindia.in

MASTER PROGRAM OFFERS TO TAKE RISKS AND PURSUE YOUR PASSION

Deciding to study anMaster Program is a big decision for aspiring managers. Is pursuing an Master Program offered by a IIBM Institute worth the time help you to purse your passion? Are the financial investment and the demanding entry requirements worth it?

If you’re preparing to enter the competitive business world of today, we believe it is.

AnMaster Program Certificationwill offer you a wealth of advantages, Getting a high salary after Certification, landing a management position, or even becoming your own boss are just a few other advantages.First, let’s look at what you will learn. The curriculum covers all the different functions and activities within a business organization. In other words, you will study what businesses do to make money and grow. If you’re interested in making a company profitable, then the Master Program is for you.

Many Master Program include a course or two about entrepreneurship. But keep in mind that entrepreneurship is a passion and a lifestyle choice, not a job description. The startup culture demands that you figure out a new business model for yourself. That’s because Master Program Candidates are designed for professionals who want to manage an existing business and execute a proven business model, not invent a new one.

True, an Master program takes hard work. But before you rule out any possibility, consider a few opportunities that come with an advanced business program:www.iibmindia.in

Change your career

You can prepare for your chosen career before taking your next job. While working on your Master Program, you might find opportunities to intern or volunteer, which can be a great source of real-world learning before you make the leap. Most Master programallow you to specialize. That means you can focus on a specific industry, like health care, marketing, or technology. Specializing enables you to try out different careers and industries before you commit to one.

Exposure to successful leaders

Executives love to visit business schools and give guest lectures. These talks are a great way for you to hear insights and advice from people who’ve already done what you want to do. Plus, unlike a typical day at the office, you can ask them questions directly.

Speaking of experts, you have a chance to build an ongoing relationship with your professors. As they get to know you, they can offer you suggestions and point the way in your career.

EXECUTIVE MASTER PROGRAM CERTIFICATION WILL GET YOU GOOD SALARY AFTER B.COM/BBA

Salaries for Executive Master Program(EMPBA) are on the up—showed that Certification of EMPBA programs received on average a 14.2% increase in compensation—the combined total of salary and bonuses—in the years following their Certification; highlighting a strong return on investment (ROI).A steady, continued rise in previous years highlights the benefits of an EMPBA—it comes in addition to a 41% and 52% rise in the number of Certificate holder gaining promotion or receiving new responsibilities in their job, respectively, during the program.

“When you combine the new skills taught to EMPBA Candidates, with the idea of prospective salary increases and promotions, both students and companies are seeing values in these programs to actively seek to adapt and lead in their respective industries.”

Embarking on the EMPBA journey equips candidates with a variety of leadership development tools, greater strategic vision, and skills that can be instantly transferred into the workplace.

What’s The Payoff?

So, in real terms, what is the payoff? With an EMPBA under your belt, you can hone your business, managerial and leadership skills; you are likely to skip a few rungs on the corporate ladder on the way up; you will likely get promoted more easily; you will probably be assigned more responsibilities at work, and you can more easily switch career tracks for better prospects.

Bottom line: When signing up for an EMPBA, think ‘Return on Investment’ or ‘ROI’.

First, let’s discuss the most tangible payoff – remuneration. Here are the numbers. EMPBA programs get students a 60-per cent jump in salary while others,  Certificationresult in a 42-per cent and 35-per cent rise in remuneration, respectively.www.iibmindia.in

Since an EMPBA inherently implies balancing a rigorous academic program with a job and the rest of your life, consider every possible scenario very carefully before committing to it.

Since the EMPBA is even more demanding on one’s time than a full-time course, you should discuss this with your spouse or partner lest it have an irrevocable impact your marriage or relationship.

Your academic rigour will require all resources to be diverted to you, placing a huge burden on family for the duration of the course. This is even more relevant of you are raising a family or plan to raise one, the latter being a strict no-no for the duration of the program..

PROJECT MANAGEMENT COURSE: WHAT IT IS & WHY IT’S IMPORTANT

Project managementis about knowing exactly what your goals are, how you’re going to achieve them, what resources you’ll need, and how long it will take you to reach that specific goal. In fact, project management’s goal is to make sure that everyone involved in a project knows these and is aware of the purpose of the project.

The discipline itself is an organized manner of managing a project from its beginning to a defined ending. All projects need a structure. Hence, the complexity and length of the project are equivalent to a more advanced and detailed project plan.

WHY IT’S IMPORTANT

‘Why is project management important?’ is an interesting question that clients sometimes pose.  They’ll ask: “Can’t we just brief the team doing the work and manage them ourselves? It’ll be loads cheaper.”

They wonder if they really need project management because on paper it looks like an unnecessary tax and overhead as project managers don’t really deliver anything and often get in the way of what they want the team to do! So if all that’s true, why is project management important?

Why Is Project Management Important?

Strategic Alignment

Project management is important because it ensures what is being delivered, is right, and will deliver real value against the business opportunity.www.iibmindia.in

Every client has strategic goals and the projects that we do for them advance those goals. Project management is important because it ensures there’s rigor in architecting projects properly so that they fit well within the broader context of our client’s strategic frameworks Good project management ensures that the goals of projects closely align with the strategic goals of the business.

Leadership

Project management is important because it brings leadership and direction to projects.

Without project management, a team can be like a ship without a rudder; moving but without direction, control or purpose. Leadership allows and enables a team to do their best work. Project management provides leadership and vision, motivation, removing roadblocks, coaching and inspiring the team to do their best work.

Clear Focus & Objectives

Project management is important because it ensures there’s a proper plan for executing on strategic goals.

Where project management is left to the team to work out by themselves, you’ll find teams work without proper briefs, projects lack focus, can have vague or nebulous objectives, and leave the team not quite sure what they’re supposed to be doing, or why.

HOW TO WRITE A RESUME THAT WILL GET YOU AN INTERVIEW

Do you need to review how to write a resume? While it’s only a page or two in length, a resume is one of the most important parts of a job application. Your resume is your most powerful tool in telling the story of your professional history to potential employers.

A well-written resume that highlights your most relevant qualifications for the job will help you get selected for an interview. Above all, your resume needs to be consistent, concise, and clear and easy to read.

4 Tips For a Resumé That Will Get You Hired

Choose a Resume Type

There are several basic types of resumes used to apply for job openings. Depending on your personal circumstances, choose a chronological, a functional, a combination, or a targeted resume.

A chronological resume (in reverse chronological order) is the simplest format to use, but there may be circumstances where you want to focus on your key accomplishments and skills rather than your employment history.

Use Resume Keywords

Most companies use recruiting management software to screen candidates for job openings.

In order to get found, your resume needs to contain keywords that directly target the jobs you are interested in.

Spend some time matching your qualifications to the job to ensure you’re including the appropriate keywords and skills. In addition to helping your resume get selected, it will also help the hiring manager see how your skills and experiences make you an ideal candidate for the specific job.www.iibmindia.in

Proof Your Resume

Be sure to thoroughly edit your resume before sending it. Check for grammar and spelling errors, as well as any style inconsistencies. Consider asking a friend or family member, or even a career counselor, to read over your cover letter. Also, review these proofing tips to ensure that your resume is consistent and error-free.

Resume Template

Along with resume examples, you can use a resume template as a starting point for creating your own resume. Add your information to the resume template, then tweak and edit it to personalize your resume so that it highlights your own unique skills and abilities.www.iibmindia.in

TOP INTERVIEW QUESTIONS TO EXPECT IN A BUSINESS ANALYTICS JOB

A Business Analyst is the one who analyses the business of an organization. The core duty of a Business Analyst is requirements management.

BA should be able to understand the business policies, business operations, a structure of an organization and suggests any improvements (like how to improve the quality of services, technical solutions to business problems etc) to achieve the goals of an organization.

For BA job interview, there may be series of three different rounds. The first round will be on phone. In the second and third rounds, there may be a group of interviewers like HR, stakeholders of a technical team, higher management authorities etc.www.iibmindia.in

Can you name the tools that are helpful for business analysis?

The process performed by a BA is termed as Business Analysis. The tools used by a BA are Rational tools, Microsoft Excel, Microsoft Word, Power Point, MS Project, ERP systems. www.iibmindia.in

What is meant by Benchmarking?

The process of measuring the quality of policies, programs, products, rules and other measures of an organization against the standard measures or against the other companies is termed as Benchmarking. This is used to the measure the performance of a company to compete in the industry.

The main purpose of benchmarking is to find out the areas of improvement in a company and to analyze how the neighbor companies are achieving their goals.

What are the tasks that are not part of a BA’s job?

• A Business Analyst is not intended to organize the project team meetings.
• A Business Analyst should not bother regarding the risks and issues tracker of a project.
• A Business Analyst should not perform activities like testing (executing the TC’s), coding or programming.

As a Business Analyst what is your role in an organization?

A Business Analyst plays a vital role in a project for an organization.

The main role of a Business Analyst is to find out the needs of an organization, finding out their problems, even predicting the future issues to an extent and suggesting the suitable solutions for the same and drive through the organization’s achievements.

Business Analyst role varies from organization to organization, project to project and even from domain to domain.

BA in a project can play the role of a Business Planner, System Analyst, Data Analyst, Organization Analyst, Application Designer, Subject Area Expert, Technical Architect etc.

1. iv) Core skills of a BA are a good grip on system engineering concepts, leadership qualities, technical knowledge, writing and verbal communications.