MBA

PGDM college in Delhi NCR

4 Key Career Benefits from MBA Programs

General Blog, IILM Graduate School of Management, IILM Institute for Higher Education, IILM University, , ,

MBA is often said to be the preferred Master’s education for those looking to work in the corporate world. A degree that grooms you personally and professionally to stay ahead in the rat race, an MBA from a reputed institute can put you miles ahead of your peers at your workplace. Its multidisciplinary approach is instrumental in training the candidates to identify key business opportunities and convert them to avail benefits. With sharpening of the minds and broadening your scope of knowledge, MBA helps you realize your true potential.

The degree’s benefits in the professional field are multi-fold. Here’s why an MBA will give you the edge at work:

You identify your core competencies:

The MBA curriculum is designed in such a way that you identify your core competencies and build on them throughout your time at the business school. You also learn to work on weaknesses to the point they don’t affect your work at all. This is done with the help of case studies, group studies and projects, industrial visits and more. You are groomed to quickly adapt to a dynamic environment ensuring your ability.

You network right: 

One of the biggest advantages of high-quality education at a leading PGDM college in Delhi NCR and other cities is that you meet a great set of peers who can help you grow and who can be a valuable asset in the future, be it for partnerships or job prospects. By interacting with your peers you also learn how to conduct yourself in a social situation and interact in a group, and understand the true essence of teamwork. You thrive in an environment with like-minded yet diverse individuals to form beneficial personal and professional bonds that last a lifetime.

bBA specialization, top 10 BBA colleges in India

You understand cultural shifts:

The multidisciplinary aspect of the course gives you a stronger foothold in understanding the cultural shifts. Whether you’re looking to switch streams, using an MBA as a stepping stone to another field, or are getting into entrepreneurship, you will realize that the course has honed your critical reasoning ability. Coupled with your core knowledge of the market and applicable strategy, you become a force to reckon with. The skills embodied help you understand the various complexities of the economy and how you can tackle them.

You become Indispensable:

In highly competitive markets like India, an MBA adds a big value to your profile. Companies also prefer MBA managers who can lead teams, hold strong in tough situations and offer new perspectives to resolve ongoing issues. It adds a layer of job security such that even if the company or the firm doesn’t work out for you, you can turn the tide to work in your favor.

MBA may be a strenuous course that pushes your limits to the point you struggle to catch your regular eight hours of sleep. But what you make of your time here at IILM can truly change the course of your career and set you off to new heights of success.

Working On That Dream Job

Guest Blog, , , , ,

Students are always in dilemma of how to manage this phase with ever increasing load of classes and exams. There are certain questions that pop up in every student’s mind.

► When should you start your preparations?
► What all should you prepare?
► How to stay calm and cool at the most crucial times?

As a student, going through the same emotions & anxiety makes me eligible to give answer to these questions and I am pretty sure these tips would definitely help you all.

1. WHEN SHOULD YOU START YOUR PREPARATION?

Most of us entering a B-school have different motives and most of the time first year is more enjoyable than second because we still carry our graduation days to the B-school. Most of us generally start to think about preparations after our SIP when we have freshly completed our internships and are now more aware of what and where do we want to go.

However, starting to prepare just couple of months before the real thing actually breaks most of us rather than giving us that confidence. The main reason for this is ever growing pressure that we have to contain with at this time. Exams, reports, projects, classes and everything takes precedence over what we thought would be a time to invest in preparations for our interviews. So why wait for the last 2 months, and why not start just when you enter the B-school. Yes, my friends starting just when you enter the school is the best time when you can plan your preparations. Just to give you a heads up, your day to chit chats with friends, reading news on your devices, watching videos of you tube can actually help you prepare for the big moment. You would not realize that by doing all this in these two years will eventually lead you to success without tension & stress.

2. WHAT ALL YOU SHOULD PREPARE?

With so many opinions from friends, seniors, faculty, relatives we actually end being confused rather than clear with what all to prepare. So why not you take the charge and extract information on what all should you prepare. With the most powerful tool “internet” in your hands, you can actually change the way you work. There are plenty of blogs, articles which will help you prepare in most accurate way. Amidst everything, you would definitely need advices from people around you, but it’s time to take on responsibility for yourselves. There have been lot of students who prepare according to the organization they have applied for. If you think you are well prepared to crack that, just go ahead. However, if you have any skepticism about this, why not prepare all (Aptitude, GD, Interview, GK, Company Overview etc). Over preparation will not harm you or your mind in any case, it will just give you more knowledge and confidence to perform well.

An organization who has a set pattern for interviews might change this at the last moment due to number of reasons. Why would you give them a chance to eliminate you because you were not prepared? Hence, spend time on preparing for your GD, Interviews, Aptitude etc and just don’t waste any chance to impress the recruiters.

3. HOW TO STAY CALM & COOL

Listed below are some tips which will help you focus and stay more calm and composed during the process:

• Start preparing at the right time
• Do not get bogged down by others negativity & suggestions
• Take responsibility for your actions
• Do what you think is the best
• Prepare yourself so strong that recruiters have no choice but to select you
• Meditate and focus on what you want to achieve rather than going behind what others are trying to do

Guys, these are simple tips that shall really change the way you prepare and perform. It’s the way you think that really paves the way for your success

GET OUT OF YOUR COMFORT ZONE TO ACHIEVE SUCCESS!

Wish you all the best for your dream jobs.

~ Prateek Singh Bawa
IILM PGDM 2014-16

Get-Your-Resume-Noticed-In-6-Seconds

Get Your Resume Noticed In 6 Seconds

Career Development (Placement), , , , , ,

Dear applicants, the recruiters have finally confessed the secret. The time span of a recruiter checking your resume stays between 5-7 seconds, says online job search site The Ladders as per the research done by them. This equals to about 30-40 words on resume in total.

There’s always this anxiety in us to know what happens next when we apply for a job. How long are recruiters reading our resume? What are the major areas of concern on a resume for recruiters?  What interests them to not toss the resume in recycle bin?

Let’s glance through a few facts below unleashing the figures and facts related to recruiters’ activity. (A study was done by Undercover Recruiter on the analytics of CV through a recruiter’s point of view.)

► 200 applications are received when a job is posted
► Average time spent looking at the CV lasts for about 7 seconds
► 15% chance is the attached cover letter will be read too
► 1 spelling or grammar mistake your CV will be thrown out
► 80% of CVs are rejected with photos attached on it
► 60% of recruiters will search for your other social media profiles
► 80% of CVs are rejected if you have unprofessional email address

After the careful analysis of survey done by The Ladders on job recruiters to figure out what matters the most on your resume – firstly, they found out the areas of content that is largely ignored, secondly – the top six aspects on which recruiters pay maximum of their attention, such as –

► Name
► Current Title / Company
► Previous Title / Company
► Current position start end dates
► Previous position start and end dates
► Education

So, what do you do to make your CV gain worth a second glance? We would say, the best solution is to summarize your CV at the earliest.  Try applying following smart tricks to keep your CV visible in that span of 6 seconds precisely –

► Tailor your resume summary as per each job application you apply for – Try to highlight your areas of expertise most relevant to the particular position you are applying for and use them in the summary. This will help a recruiter focus his/her attention on the areas that are expected out of you to perform, hence it improves the interview process.

► Mention the result outcomes you’ve achieved in those areas of expertise – Focus on how you have helped organizations achieve their goals. Simply focus on specific results that have benefited other organizations. And most importantly, how well your accomplishments distinguish you from other candidates.

► Highlight the major industries you’ve been associated along with years of experience – This space gives you an opportunity to explain the industries you’ve been associated with through out your career span. Try to talk about the areas which are most vital in terms of its relevancy and application.

► Make use of important key words that describes you as a best fit – Avoid using generic words. Keywords are essential to make your resume strong in terms of right filtration of the most concerned set of words.

► It is equally important to work on LinkedIn profile alongside – Unlike just having about a few lines on your resumes summaries; you have up to 2000 characters in the summary section of your LinkedIn profile to highlight accomplishments and connect them to what you want to do next.

It is true that other parts of resume are also important. But a summary can captivate a recruiter’s mind at the right spot. Try to distinguish yourself from other candidates and create that need of your profile in recruiter’s eyes. In the end, all you can wait for is a call back on your phone.

References:
The Ladders
Undercover Recruiter

Things-To-Get-Excited-About-Starting-Your-PGDM-At-IILM

Things To Get Excited About Starting Your PGDM at IILM

Guest Blog, IILM Stories, , , ,

New academic session for PGDM batch 2016-18 is just around the corner. We are absolutely excited to welcome you all.

Before the session begins, there are things you ought to know about IILM as a premier B-School.  You will be left overwhelmed with all the excitement awaiting for you on campus

1. Welcome To IILM Campus – We Are So Very Glad You Chose Us 

via GIPHY


2. Alumni Network – You Are Stepping Into Big Fat IILM Alumni Family With Over 9000+ Members

via GIPHY


3. Top Notch Companies On Campus – Get Ready To Work With Your Dream Company

via GIPHY


4. Best Faculty On Campus – Walk Along With Your Guiding Light On Campus At Every Step

via GIPHY


5. Global Study Program – Learn Business At International Destinations

via GIPHY


6. Centrally Located Campuses – Your Safety And Security Is Important To Us

via GIPHY


7. Conferences On Campus – You Chase Your Passion, And Find Happiness With Others

via GIPHY

8. Annual College Festival – IILM iFest. Brace Yourselves For The Show, Folks

via GIPHY

9. International Faculty At IILM Campus – It Is Time For Some Business Lessons From International Scholars

via GIPHY

10. What’s Happening On Campus? – PRME, Global Thinker Award, Tedx, IILM Alumni Meet Up, Annual HR Conference , Entrepreneurship Conference, Recruiters Network Meet, And More! 

via GIPHY

Measuring the Investments in your Business Education

General Blog, ,

Pursuit of Business education is by far one of the most emerging and evolving field of study. IILM being a premier B-school offers a range of options for post graduate aspirants in terms campus placement opportunities in the second year of PGDM. In this quest of obtaining a much sorted career ahead, a student paying amount of fee for MBA program expects return on investment (ROI) to pay off in the given time period. Hence, ROI is a great deal of concern for any student studying in a B-school. It is a tool that should be taken care of as the figures practically portrays the quality of education being given in school.

With over 20 years of heritage, the students opting for MBA at IILM envision a career that is diverse by nature of settling down in terms of industry selection, or expanding family business at a much faster rate. Another major factor for the students pursuing MBA is the advantage they receive after measuring return on investment (ROI). Since 2014 there has been comparatively measurable increase in the campus placements across different industries as per the market trends. Before speaking of students’ take on how positive the ROI would turn shape, it is important to focus on how soon the investment will begin to yield profit as that makes the choice of any business school more practical.

Calculating ROI is crucial and can be tricky. It works on a simple application of calculating the estimated fees of 2 years of program and further measuring with the opportunity cost that will certainly depend on the CTC/remuneration a student earns from campus placement drive. Generally the amount you earn after paying off the money spent on the program. The investment basically covers up other expenses, such as rent, food, books, etc.

Measuring of ROI largely depends on the salary of MBA graduates. Over the past few years with an emerging market student’s remuneration has remained relatively stable, but competition for jobs has been much more intense.  Looking at this year’s figures in terms of placements and average salary package offered across from different industries, such as – Deloitte, Copal Amba, Airtel and Edelweiss. The average annual salary package offered till now is Rs 7.5 Lakh. As a whole, for the students of 2014-2016 IILM PGDM batch, it has been a considerable favorable year. “IILM gave my career a perspective”, a class of 2015 grad named – Aarman Singh replied in our placement survey. He was successfully placed at Deloitte.

As per the data estimation from the Campus Placements Team, 60% of MBA graduates are earning more on a yearly basis as when calculated on the fees paid by them annually for the program opted by them. The students seeking for knowledge and skill development for their career building choose for Business Studies. MBA as a degree holds a foundation of learning that is taken up for business knowledge, leadership management skills, networking and salary increase/promotion. Students seeking admission in MBA come from Family Business background, entrepreneurial ideas and those who want to upgrade their skills.  ROI is essential to find the right school. Investing in MBA degree will be fruitful depending how stable the economy prosperity is at the current stage.