Sunday, 19 July 2015

MBA in Healthcare Management in India




Health Care Management major builds on the established strength of the management core to provide expertise in the unique elements and issues of the health care industry. Health Management is among the top ten millennium professions according to a recent survey. As healthcare management is becoming increasingly privatized there is a greater need for not only skillful doctors but also efficient hospital and Health Care Managers.

Health Care Services and working in hospitals have always fascinated rather than scaring you off?You have a flair for job in Health Care Organizations and an eye for detail?Then you can consider a career in Health Care and Hospital Management. A large number of private hospitals and clinics have come up all over the country. With increasing emphasis on quality of health care and patient satisfaction there is a tremendous need for persons with a professional qualification in Health Care and Hospital Management.

Professional courses in Health Care and Hospital Management are available for both medical and non-medical persons.

The MBA in healthcare management program has evolved through conscious efforts of executives with a specific aim of meeting the training needs of the fast growing Healthcare Industry and Healthcare organizations in India.

A major challenge for the Indian healthcare industry would be not only to retain the healthcare workforce but to develop an environment that would encourage the NRIs to come back. Even if the number of doctors were to increase from 0.6 to 0.8 per 1,000 and the number of nurses were to increase from 1.5 to 2 per 1,000 to match with international standards, India still would need 2,00,000 doctors and 5,00,000 nurses besides another 2,00,000 healthcare management personnel.

Eligibility & Selection for MBA in healthcare management are:


Graduates of any discipline are eligible to apply. Selection is based on the work experience in hospitals, pharmaceutical companies, healthcare industry and community health care services, etc. Minimum work experience of two years in health care industry is essential.

Teaching Methodology


The course is very intensive and made so with a purpose. The course is delivered over 4 terms in 16 months. Experts from Hospital and Health Care Industry, leading academic Institutions and Business Houses would teach Hospital Management related subjects. Methodology includes lectures, case studies, group discussions, seminars, presentations, assignments, projects and other innovative techniques.

The essential requirement for an MBA in healthcare management has been perceived-

· To prepare dynamic, young, creative and highly qualified managers and administrators for efficient management of Hospitals and Healthcare organizations by applying modern management techniques

· To impart necessary knowledge and skills with practical orientation and help formulate strategies for more efficient management of super-specialty hospitals, especially in highly competitive corporate and private sectors

· To provide knowledge, vocabulary and advanced skills, concerning all areas of the healthcare delivery system to make administrators proficient, under any situation and to inculcate creativity in them.

· To impart to students theoretical background of those academic disciplines which are related to the field of management in general and those specific to hospitals and Healthcare organizations

· To develop leadership skills through understanding of organizational and community problems, human psychology and global trends.

· To inculcate a strong desire for learning and an urge for research, in field of management, through involvement in actual operation of Hospital and healthcare administration and in research methodology

Wednesday, 15 July 2015

MBA in Aviation Management in India




In a fast-paced industry like aviation where business dynamism and competitive edge are often challenged by radical changes, it is imperative to create new-aged professionals who can manage stuff with best of their ability. Balancing these issues with environmental and macro economic challenges are most important. An MBA in Aviation Management is aimed to address these areas of concern. With an MBA in aviation one can use critical and evaluative approach, concepts and methods to contribute to the development of aspiring senior business leaders and managers in the industry.
Besides, creating business acumen through developing and increasing the efficiency of your critical thinking, aviation Management seeks to design and enhance your understanding of the management of airlines and airports. Students learn about airport planning, airport security, passenger forecasting, aerodrome works, fire safety, dangerous goods and many other related topics. Job opportunities in India are with Airport authority of India under Ministry of Aviation, Government of India. Since there is rising trend of privatization of Airports, more and more companies are coming in for management of Airports and there would be good opportunity for students with MBA in Aviation Management.
Some of the subjects that are taught in the two-year program are—management principles and practices, organizational behaviour, managerial economics, financial and management accounting, quantitative methods of management, corporate communication, operations management, marketing management, human resource management, airline operations, passenger and aircraft handling, airline route planning management, strategic management—India and global context, aviation security and disaster management, flight dispatch, tour guide and administration, aviation resource management and so on.
Generally, most of the MBA courses in aviation management are of two years with 18 months classroom study along with 6 months project work. Graduates of Indian universities in any discipline can apply to these courses.
Below are some of the colleges that offer MBA in Aviation Management:
  • AJ Aviation Academy
  • IIFLY Aviation Training Centre, Mumbai
  • UPES
  • Institute if Logistics and Aviation Management

Some universities offer admission right away, while others may require you to appear for an entrance exam.

Your scope is not limited to airport manager after doing the MBA course in Aviation Management. You can choose to become air traffic controller, dispatcher, cargo agent, airline ground staff, cabin crew or flight attendant. You can also have yourself easily placed in the aerospace safety department. With above academic qualifications, the candidates are required to have a few personal traits and skills such as creativity, proficiency, good communication skills, time management and capability of handling the pressure in severe conditions.

Once you see yourself fit in all of the above mentioned criteria, you are good to become an airport manager. Choose the bachelors degree or master’s degree to have a wonderful career in world’s booming sector.

While planning for an MBA in aviation one also needs to understand the immense opportunity after completion of the degree and not to mention the remuneration that is to follow.  

Tuesday, 7 July 2015

MBA in Energy Management in India




Emerging business challenges are instrumental in creating new specializations in myriad domains. One such field is energy management. As the name goes, this specialization is related to managing energy corporations and its various functions. In an energy starved nation like India, this specialization has immense opportunities, and of late has become one of the most sought after domains with great career prospects in terms of its development and expansion.
The curriculum for most colleges and institutions that teach this specialization consists of an amalgamation of conventional management disciplines like finance, marketing, operations, human resource management and strategic management, along with focused studies on petroleum and energy sectors like refinery technology and economics, natural gas businesses, exploration and non-conventional energy.
Why energy management
Sustainability and efficiency to manage demand side, tariff design and competition to coordinate demand & Supply, quality and reliability on supply side and environmental and sustainability are some of the important factors that are aimed to be addressed with a specialized degree like this.

Career prospects for MBA in energy management
After completion of this specialization, one can find well-paid jobs in power companies, oil marketing, power generation, oil exploring, power transmission, energy/power infrastructure financing/manufacturing or energy sector consulting services, NGOs & other government agencies that work for energy efficiency, renewable energy, bio fuels to name a few.
Colleges offering MBA in Petroleum and Energy Management
Some institutes that offer an MBA in Petroleum and Energy Management, MBA in Oil and Gas Management or MBA in energy management are listed below:
  • University of Petroleum and Energy Studies (UPES), Dehradun
  • Management Development Institute (MDI), Gurgaon [2 year Post Graduate Programme in Energy Management]
  • Rajiv Gandhi Institute of Petroleum Technology, Rae Bareli
  • Great Lakes Institute of Management, Gurgaon [2 year Post Graduate Program in Management (Energy)]

Gas and energy course topics

It’s usually a two-year course and is divided into four semesters. The first semester would include topics like business communication and negotiation skills, economics and management decisions, organizational behaviour, fundamentals of oil and gas business, petroleum industry accounting, fundamentals of petroleum exploration and IT applications in the petroleum sector. In the second semester, the curriculum could include human resource management, marketing management, research methodology and applied statistics, operations and material management, natural gas business, petro economics, fundamentals of refining and petroleum financial management.
In the third semester, subjects might include business policy and strategy, retailing, international business management, econometrics, supply chain and logistics for the petroleum industry, financing petroleum sector projects and project management and contract administration. The fourth semester could include e-enterprises and oil and gas law and policies. A project or dissertation may be required. In addition to these subjects, companies may also provide internships in order to give students real-world experience.
Seeing government’s initiative to turn India into a world power hub, pursuing an MBA in energy management would be a wise decision to make. Instead of following the traditional domains of specializations like marketing or human resource, there are ample disciplines which can give your career a boost. In a few years ahead there would be a phenomenal demand in this segment. It is always better to be in a league that is going to transform India into a world power house and given the circumstances, one may think about taking up a career in this domain.

Monday, 6 July 2015

Top Universities forMBA in Luxury Brand Management in India




Master of Business Administration abbreviated as MBA is a master degree whose popularity has been increasing day-by-day. MBA is a master’s degree which has a wide variety of specializations. Its demand has been increasing to great extent as it has become the backbone of business world. It provides specializations right from innovation to marketing. Similarly luxury brand management is also a stream of specialization in MBA. Here brand management is the analysis and planning on how that brand is perceived in the market. The word luxury adds to features of this course which means a state of great comfort or elegance especially it involves great expense.Many companies are setting up base in India in this field which has created a growing demand for managers skilled with MBA in luxury brand management. Looking at the growth in career opportunities in luxury brand management, leading business schools in world which offer management courses in luxury brand management — such as ESSEC in Paris and SDA Bocconi in Milan — are witnessing an increase in demand from markets like India. So it has been a noticeable trend that more Indian students are opting for MBA in luxury brand management.
Some of the Top universities in India that offer MBA in luxury brand management are as follows:
·         IIM, Ahmedabad:
IIMA has evolved from being India's premier management institute to a notable international school of management in just a few decades.The Institute had initial collaboration with Harvard Business School. This collaboration greatly influenced the Institute's approach to education. Gradually it emerged as a confluence of the best of Eastern and Western values.IIMA has always enjoyed special preference by Indian and foreign recruiters because of its excellent performance sustained over a long period of time and itsstrong brand image.The MBA programme in luxury brand management in this institute has attracted participants fromvaried fields. They have found it interesting and valuable.The institute’sLuxury Brand Management Program has become a worldwide reference in graduate and executiveeducation.Program content includes topics like Competitive strategy and managing multi-brand conglomerate, Anthropology of luxury consumption, Branding experience, Service dimension in luxury brand management, Luxury distribution, Managing diversity and people in the luxury industry, Understanding markets and consumers,Pricing for brand building, Effective loyalty program designing and implementation, etc.
·         MISB Bocconi, Mumbai :
Looking at the increasing potential in MBA in luxury brand management, SDA Bocconi has started an Indian branch named MISB Bocconi in Mumbai to leverage its experience within Indian executives. Luxury, which covers a broad range of products and services such as fashion, food, arts, movies, cultural industry and hotels & tourism, is estimated to become a $15-billion industry in India by the end of 2015.
·         FAD international, Mumbai :
This institute also plays a major role in providing the business world with MBA in luxury brand management.The course in this institute aims at individuals wanting to develop entrepreneurial careers or for those wishing to work in the vast non-design sectors within the fashion industry. Students can take a specialization at the end of the year and focus on one or two of the modules in the final term based on their future professional aims.This programme has a higher emphasis on professional practice within a global context where individuals experience an industry focused curriculum with live projects with some of the leading fashion & luxury brands in the country.

Friday, 3 July 2015

How to Prepare for GMAT in India?




Since 2010 it has been witnessed that students appearing for Graduate Management Admission Test (GMAT) in India has increased by 25% while the same number has declined by 4% for Common Admission Test (CAT). The number of Indian students appearing for the GMAT hit an all time high in the year 2013, a year when applicants for the CAT have dipped to a seven-year low. Interestingly, more and more Indian institutions have started accepting GMAT scores and currently about 235 management programmes in India accepted GMAT scores in 2013, up from 37 in 2010.
The rising popularity of GMAT in India can be attributed to certain factors. The introduction of integrated reasoning in its test patterns has found great responses from the Indian students as Indians are normally good at integrated reasoning. This is about integrating information across different areas and is a skill that is particularly useful for consulting jobs.
Seeing the popularity of GMAT in India it would be meaningful for students to prepare hard for the same and reach to a respectable score. In this article certain tips are discussed that would benefit students while preparing for GMAT.
  • Consistency is the name of the game. It is not only important to learn the tricks and concepts clearly but is equally important to learn how to apply those in a stipulated time frame. So, regular practice will go a long way for you.
  • It is always better to maintain a concept diary for things which have taken considerable amount of time to learn and understand. You need to refer to these critical concepts and revise them regularly to improve your familiarity with these types of questions.
  • Follow an exponential preparation pattern. What it means is that as the time to take the actual test comes nearer you need to spend most of the time dedicating in preparation. This will boost your confidence in the actual test environment.
  • Many test centres offer only laminated drawing boards for calculations and sketches during the test. This can trouble candidates not accustomed to use an erasable overhead marker – especially left-handed people, who often tend to smear their notes. In order to avoid any of such surprises during the test day you should practice such sessions during your preparation phase.
  • There are many sources and companies that provide good GMAT prep tests. The good thing about prep tests used by these companies is that most of them follow the same pattern of an adaptive question algorithm – as the real test does (presenting takers with harder questions). Therefore, it is a good method to use the same prep test multiple times, because as you improve, the questions you will face will be different. So redoing a prep-test exposes you to a greater volume of questions.
  • Work on your weaknesses an d maintain a proper balance between your strengths and weaknesses so that both can support your overall score.
  • A good method in dealing with GMAT questions (especially in the verbal section) to which you are not absolutely certain of the answer is ‘educated guessing’. This means to quickly rank the five possible answers in order of their suitability and exclude wrong answers. You can save time by quickly eliminating two or three wrong answers and then guessing out of the rest.
Follow the above mentioned guidelines and you can be sure of making a good score in GMAT in India.