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<p><span style="font-weight: 400;">Our education and experience is what makes us eligible to apply for a job, but what will make you successful in various roles? Management skills are what employers look for in their employees and managers. In most management roles, these skills are needed to sustain most roles and to be successful. Management skills or employability skills are skills that are not specific to a particular job or career path but are helpful and applicable across all employment sector. Employers are often looking for skills that go beyond qualifications and experience.</span></p>

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<p><span style="font-weight: 400;"><a href="https://sunstone.in/blog/best-job-opportunities-after-mba" target="_self">MBA jobs</a> require candidates to have a particular set of management skills. These include various interpersonal and professional skills that can be used to accomplish different tasks, and/or manage the team handling them. </span><span style="font-weight: 400;"><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;An MBA program is seen as the perfect course to train them in these skills.&quot;}" data-sheets-userformat="{&quot;2&quot;:13185,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:1,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}">An <a href="https://sunstone.in/mba" target="_self">MBA program</a> is seen as the perfect course to train them in these skills</span>. However, even if your MBA college does not cover the entire range of skills, you can always learn them through alternate methods, in order to give yourself a competitive advantage. Here is some information about the types of management skills employers seek, and <a href="https://sunstone.in/blog/how-can-an-mba-graduate-become-industry-ready" target="_blank" aria-label=" (opens in a new tab)" class="rank-math-link" rel="noopener">how the students can become industry-ready.&nbsp;</a></span></p>
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<h2>What are Management Skills?</h2>

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<p>Some management skills examples are selection, supervision, motivation, evaluation, scheduling, planning, solving problems and collaboration.</p>

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<h2 class="has-text-align-center">Types of management skills</h2>

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<p><span style="font-weight: 400;"> Management skills or employability skills are the building blocks of one's career and often confused with <a href="https://sunstone.in/blog/soft-skills-the-present-demand-of-the-business-world" target="_blank" aria-label=" (opens in a new tab)" class="rank-math-link" rel="noopener">soft skills</a>. The current media and news frequently run stories about how MBA graduates lack these skills. B schools are blamed continuously for the outdated curriculum taught in business schools. Organisations nowadays put in a lot of resources in terms of time, money and expertise to train and re-train employees to increase retention. Though these skills are needed, honing and building these skills is a long term process. </span></p>

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<p><span style="font-weight: 400;">The following are the management skills employers look for:-</span></p>

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<h3><b>Analytical skills</b></h3>

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<p><span style="font-weight: 400;">Analytical skills are easily one of the most used skills set from a management professional&rsquo;s arsenal. They can be used to carry out a variety of tasks associated with MBA jobs, such as analyzing data, evaluating employees, solving problems, creating business strategies and much more. Companies understand the importance of these skills, which is why they put so much stress on finding candidates that have a good analytical mind. Even if you are not analytical by nature, there is no need to worry, as you can always develop these skills through practice and training.&nbsp;</span></p>

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<h3>Academic achievements</h3>

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<p><span style="font-weight: 400;">An MBA is a very taxing degree, in terms of the knowledge and determination required from the students. A student who has completed his/her MBA degree is the absolute upper crust and shows their commitment and determination towards their career. Possessing an MBA degree is in itself a great feat, as it requires serious attention and commitment to the business, and in order for this to happen, the student would have invested a lot of time and effort. The ones who are joining and completing their programs demonstrate a level of application and high performance, and this is a vital management skill employers look for.</span></p>

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<h4><b>Also read:</b><a href="https://sunstone.in/blog/is-mba-really-losing-its-value" class="rank-math-link"> <b>Worth of an MBA degree under threat? Not really!</b></a></h4>

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<h3>Practicality</h3>

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<p><span style="font-weight: 400;">Many times we hear people using the phrase, &ldquo;Come on, Be practical. Being practical is the ability for a person to set goals that are realistic and practical. Practicality is one of the most important management skill employers look for in their managers. Unlike technical courses that teach students the assumptions on which the hypothesis is based, an MBA degree is a highly practical one, working within realistic limits. Therefore, an MBA graduate automatically inculcate practicality as a management skill, which makes the recruiters sought MBA graduates out more.&nbsp;</span></p>

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<h3>Decisiveness</h3>

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<p><span style="font-weight: 400;">A person who is able to find facts using their skills and then judge with clarity and courage to come up with the most productive solution is a good decision-maker. Making the right decisions is a significant trait and a very important management skill that employers look for nowadays in a corporate business setting. A level of decisiveness is needed in every step, even in the small matters of life. An <a href="https://sunstone.in/blog/mba-syllabus">MBA curriculum</a>, even though intensive, will provide the students the opportunity to learn the necessary skills needed to boost their decisiveness</span></p>

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<h3><b>Communication skills</b></h3>

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<p><span style="font-weight: 400;">Communication is not just a skill, but also a job responsibility for MBA graduates. MBA jobs require professionals to maintain proper communication between themselves, their team and their employers. Communication is one of the most important skill to have, especially to grasp and sustain one of the <a href="https://sunstone.in/blog/why-mba-jobs-are-highest-paying" target="_blank" aria-label=" (opens in a new tab)" class="rank-math-link" rel="noopener">highest paying jobs of an MBA</a>. These communication channels are used to facilitate the exchange of input and feedback between various departments, handle grievances, solve problems, manage employees, and carry out other types of managerial tasks. This is why communication skills are some of the most sought after qualities in MBA graduates. Communication skills include both verbal and non-verbal communication. Non-verbal communication includes body language, tone of voice (even emojis) and listening.</span></p>

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<h3>Intellectual creativity</h3>

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<p><span style="font-weight: 400;">Intellectual creativity is the ability to develop new concepts and ideas that are innovative and engaging. The dynamic corporate industry is constantly looking for fresh and engaging innovations that can keep the business growing and thriving in this fast-changing world. An MBA helps develop a deeper understanding of the complicated and sophisticated working of the business world and intellectual creativity will help you make innovative solutions and decisions.&nbsp;</span></p>

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<h3>Conflict Resolution management skills</h3>

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<p><span style="font-weight: 400;">When you are in the field of business and management, conflicts are natural and frequent occurrences. Conflicts can come from anywhere, whether it is conflicts within the company, from the consumer side or with competitors. Management professionals are expected to know how to handle these conflicts quickly, and without damaging the company&rsquo;s operations or reputation. If you are looking for good MBA jobs, then it is advised that you start working on these conflict resolution skills, in addition to other key management skills.</span></p>

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<h3>Teamwork management skills</h3>

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<p><span style="font-weight: 400;">Being able to work and grow as a team is an important ability to have for any job profile. It becomes even more important for MBA jobs, as you are also responsible for managing the team you work with. In addition, professionals in management jobs also have to work together with the upper management team to ensure that the goals and values of the company are being upheld. This can translate to all types of teamwork activities, such as maintaining communication, monitoring progress, training and integrating new team members, as well as bonding and motivation activities to improve team spirit.&nbsp;</span><span style="font-weight: 400;"><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;With so many uses, it is no surprise that job recruiters expect MBA graduates to have the skills needed to encourage teamwork. Also, find out why recruiters hire MBA graduates with our blog.&quot;}" data-sheets-userformat="{&quot;2&quot;:13185,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:1,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}">With so many uses, it is no surprise that job recruiters expect MBA graduates to have the skills needed to encourage teamwork. Also, find out <a href="https://sunstone.in/blog/why-do-recruiters-hire-mba-graduates" target="_self">why recruiters hire MBA graduates</a> with our blog.</span></span></p>
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<p><span style="font-weight: 400;">With so many uses, it is no surprise that job recruiters expect MBA graduates to have the skills needed to encourage teamwork.</span></p>

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<h3>Computer skills</h3>

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<p><span style="font-weight: 400;">Computers are not a new invention. However, recent advancements in technology have created thousands of new applications for this invention in the business space. Thanks to these new innovations, businesses can handle everything; from manufacturing to marketing, sales and even logistics through computers and/or computer-controlled machinery.&nbsp;</span><span style="font-weight: 400;"><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;This makes it essential for every management professional to have a healthy level of computer skills and technical know-how. Find out more on tech skills required for MBA with our blog.&quot;}" data-sheets-userformat="{&quot;2&quot;:13185,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:1,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}">This makes it essential for every management professional to have a healthy level of computer skills and technical know-how. Find out more on <a href="https://sunstone.in/blog/tech-skills-in-mba" target="_self">tech skills required for MBA</a> with our blog. </span></span><span style="font-weight: 400;">You must focus on learning about technology, as well as the different ways it can be used to grow a business. Without this knowledge, getting good MBA jobs will be next to impossible in the current job market.</span></p>
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<h3>Project Management skills</h3>

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<p><span style="font-weight: 400;">One of the key job responsibilities in most MBA jobs is the planning, execution, and management of various projects. In addition, management professionals are also expected to do all this within a set budget, and in line with company goals. Good project management skills are crucial for handling these tasks. Once you learn these skills, you will also get an understanding of how each project fits in the company&rsquo;s long term plans. This ability to see the big picture is a highly desirable quality in management professionals. <span>Thankfully for MBA graduates, these skills can be learned through practice and can be used in all <a href="https://sunstone.in/blog/types-of-jobs-after-mba" target="_self">types of MBA job</a> profiles.</span></span><span style="font-weight: 400;"></span></p>

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<h2>Key Management skills that a Management Graduate must have</h2>

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<h3><b>A</b> willingness<b> to learn</b></h3>

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<p><span style="font-weight: 400;">Sometimes in a more formal setting also referred to as personal development, a willingness to learn is being open to new ideas, opportunities and risks. When one is looking for opportunities to improve one's skill set and knowledge, it gives way to the learning process. It is no secret that change is inevitable, in any setting, especially at the workplace, employers who embrace change both personal and professional, recognise it as an opportunity rather than a threat.</span></p>

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<h3><b>Emotional</b> Intelligence</h3>

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<p><span style="font-weight: 400;">The ability to recognise, understand and manage one's own emotions and that of others and to then use them positively to achieve the desired outcomes. This is a huge factor in how we interact with others and build a good rapport with our colleagues and clients. Emotional intelligence governs the skills that allow us to participate effectively as a member of a team and how well we work with other people.</span></p>

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<h3>Being<b> Dependable</b></h3>

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<p><span style="font-weight: 400;">Being reliable basically means to do what one says they will do. However, it also means to be aware of what needs doing- and then doing it. Doing what you say you will do also requires one to manage their time effectively and to prioritise one's goals in an organised manner. Being dependable is in a way working on one's emotional intelligence and being conscience and trustworthy. This requires a level of self-regulation and management. Self-regulated and reliable people take responsibility for their actions and ensure that they live up to the values they claim to stand by.</span></p>

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<h3>Concluding<b> thought</b></h3>

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<p><span style="font-weight: 400;">Inevitably, there are a wide range of skills that could be useful to employers. Each of us has a personal range of skills that make us unique and we, therefore, can make our own individual unique contributions to any organisation.&nbsp; Learning to recognise one's skills and to use them appropriately is essential.</span></p>

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<p><span style="font-weight: 400;">An open mind and a positive attitude is probably one of the most useful attributes you can bring to any organisation.</span></p>

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<h2><b>About</b> Sunstone</h2>

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<p><a href="https://sunstone.in" target="_self">Sunstone</a> is a leading higher education service provider that works with academic institutions in up-skilling students for employability. Sunstone offers career oriented training interventions for undergraduate and postgraduate students at 30+ institutions across 25 cities.</p>

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<p>Sunstone&rsquo;s training programs are industry endorsed to enhance employability. These programs are designed for hybrid delivery with unparalleled focus on soft skills and personality development. Sunstone&rsquo;s focus is to provide students with holistic educational experience.</p>

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<p><span style="font-weight: 400;"></span></p>

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<h4><b>You may also&nbsp; like:</b></h4>

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<ol>
<li><a href="https://sunstone.in/blog/xat-2020-admit-card-download-here" class="rank-math-link"><span style="font-weight: 400;">XAT 2020 Admit Card: Download link here</span></a></li>
<li><a href="https://sunstone.in/blog/mat-2020-dates-registration-eligibility-exam-pattern-syllabus" class="rank-math-link"><span style="font-weight: 400;">MAT 2020: Everything MAT aspirants need to know</span></a></li>
<li><a href="https://sunstone.in/blog/do-business-school-rankings-really-matter" class="rank-math-link" title="https://sunstone.in/blog/do-business-school-rankings-really-matter"><span style="font-weight: 400;">Do business school rankings matter?</span></a></li>
<li><a href="https://sunstone.in/blog/choose-the-right-mba-specialization" class="rank-math-link"><span style="font-weight: 400;">How to choose the right MBA specialisation?</span></a></li>
<li><span style="font-weight: 400;"><a href="https://sunstone.in/blog/why-mba-jobs-are-highest-paying" class="rank-math-link">Why are MBA jobs the highest paying?</a></span></li>
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Some of the top business management skills include ✓ Analytical skills ✓ Practicality ✓ Decisiveness ✓ Communication skills ✓ Intellectual creativity ✓ Teamwork management skills. Learn more about the skills required for managers in India with our Sunstone blog.

Top 10 Management Skills Required by Employers | Sunstone Blog

employability skills,Management skills,most in demand skills,skills employers look for

Top 10 Management Skills Required by Employers

<p><span style="font-weight: 400;">In this era of globalization and liberalization, companies are facing relentless competition in the national markets. This has compelled them to explore international markets for sustainability and profitability. The companies are in dire need of professionals who have a sound understanding and knowledge of global marketing trends, policies, and opportunities. This is where an MBA in International Business comes in. </span></p>

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<figure class="wp-block-image size-large"><img src="https://www.inlea.com/web/wp-content/uploads/2017/07/International-team-Inlea.jpg" alt="mba in international business general" /></figure>

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<h2>Why MBA in International Business</h2>

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<p>With the world becoming more and more interconnected and globalised, it is imperative for companies and organisations to have people that are well versed with the global business domain. An MBA in International Business is the perfect degree to become eligible for such jobs with students of this specialisation in high demand with employers.</p>

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<h2>Scope of MBA in International Business</h2>

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<figure class="wp-block-image size-large"><img src="https://d2slcw3kip6qmk.cloudfront.net/marketing/blog/2019Q3/project-scope/scope-in-project-management-header@2x.png" alt="scope of mba in international business" /></figure>

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<p>An MBA in International Business is all about having a holistic view of the world business wise. Students pursuing this degree are taught to face upto challenges and implement solutions to global problems.</p>

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<p>What's more, you can also work in different locations around the globe depending on your job!</p>

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<h2 class="has-text-align-left"><strong>Job opportunities after MBA in International Business</strong></h2>

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<figure class="wp-block-image size-large"><img src="https://ied.eu/wp-content/uploads/2020/09/career-management-skills.jpg" alt="mba in international business career" /></figure>

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<p><span style="font-weight: 400;">Let&rsquo;s explore the scope and various international business degree career paths available for MBA graduates.</span></p>

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<h2>Export Manager</h2>

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<p><span style="font-weight: 400;">During the placement drives, a student pursuing a PGDM in International Business is often offered the role of an Export Manager. In common terms, an export manager is a mediator between international buyers and domestic sellers. The major responsibility of an Export Manager is to look for buyers in the foreign lands for products manufactured domestically. Thus, an MBA-International Business professional must have excellent communication skills, customer service skills and relationship building quality. </span></p>

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<h2>Responsibilities of an Export Manager</h2>

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<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Plan and coordinate international shipments</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Negotiate with vendors, agents shippers etc.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Manage personnel which include hiring and training of the staff. </span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Keep a track of invoices.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Prepare reports to facilitate the billing process.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Ensure that the shipments are in accordance with the export laws and regulations</span></li>
</ul>

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<h2>International Business Consultant</h2>

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<p><span style="font-weight: 400;">As an International Business Consultant, a student of MBA in International Business is required to help businesses sail through the complex international marketplace. They are required to show the right direction to the businesses on how to make contacts overseas and understand the laws regulating international trade. Foreign Business Consultants are quite in demand in the government sector as well, where they </span><span style="font-weight: 400;">make their way through the many rules which dictate the terms of international trade. </span></p>

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<h2>Responsibilities of an International Business Consultant</h2>

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<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Help businesses trade with organizations located in foreign countries</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Provide information to domestic businesses about international business development and marketing</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Research on investment opportunities, competitors, and business practices</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Develop proposals and make recommendations</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Advice on the effectiveness of management strategies and programs in global settings.</span></li>
</ul>

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<h2>Global Business Manager</h2>

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<p><span style="font-weight: 400;">The most common job profile that a management student goes after completion of MBA in International Business is Global Business Manager. It is a general term used for managers in a multinational organization. Depending on the field, a Global Business Manager ensures that the organization works within the guidelines of the country it exists in and uses the business strategies that are in compliance with the foreign rules and regulations. </span></p>

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<h2>Responsibilities of a Global Business Manager</h2>

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<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Administer all department operations and develop appropriate marketing policies to enhance growth.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Review all market strategies for customers and evaluate all advertising and marketing plans to achieve objectives.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Prepare forecasts for the region and provide aid to customers.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Analyze market and develop forecasts for the market periodically. </span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Manage various accounts and assist in credit availability.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Develop and implement various internal control measure for preparing reports.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Prepare plans and ensure it agrees with all finance procedures and policies.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Coordinate with the management team and ensure optimal results for all operations.</span></li>
</ul>

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<h2></h2>
<h2>Global Marketing Manager</h2>

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<p><span style="font-weight: 400;">An MBA in International Business student aspiring for a career in International Marketing Management must possess adequate knowledge about global market trends, policies and opportunities. A common function of a Global Marketing Manager is to sell products and services to consumers in foreign countries. To successfully achieve that, they must know to hor tailor their strategies and approaches according to the economic conditions and cultures of different countries.</span></p>

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<h2>Responsibilities of a Global Marketing Manager</h2>

<p></p>

<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Responsible for the development of marketing and promotional material for the product/service to be advertised at a global level. </span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Maintain budget for all transformer products and coordinate with product specialists to assess all marketing specifications. </span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Coordinate with global managers and prepare plans to achieve growth in markets.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Monitor all application and product trends and develop relevant product innovation and provide optimal training to staff on all marketing tools for special projects.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Manage the life cycle of all global marketing actions and prepare effective strategies to position all methods according to the requirements of business units and ensure adequate support to all global strategies.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Develop and maintain relations with all marketing teams and use effective plans for individual countries.</span></li>
</ul>

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<h2>Global Financial Manager</h2>

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<p><span style="font-weight: 400;">A Global Financial Management profile is an amalgamation of global business knowledge and financial operations within an organization. A student aspiring a career in global financial management after an MBA in International Business are required to advise executives on general economic trends, problems and opportunities. Also, a Global Financial Manager has certain accounting duties such as collecting, analyzing and submitting cash flow metrics to department heads in order to improve working capital administration. </span></p>

<p></p>

<h2>Responsibilities of a Global Financial Manager</h2>

<p></p>

<ul>
<li><span style="font-weight: 400;">Responsible for managing all aspects of financial reporting and analysis across Division.</span></li>
<li><span style="font-weight: 400;">Manages Budget, Forecast and Long Range Planning processes.</span></li>
<li><span style="font-weight: 400;">Evaluates the financial impact of business opportunities for the Division which may include projected return on investment</span></li>
<li><span style="font-weight: 400;">Manage the process of post reviews on organic and inorganic investments. </span></li>
<li><span style="font-weight: 400;">Interaction and collaboration with global finance counterparts to accomplish the business objectives of the organization </span></li>
<li><span style="font-weight: 400;">Provide support to everyday field operations for all international business and provide an optimal level of customer services.</span></li>
<li><span style="font-weight: 400;">Ensure accurate and transparent accounting for every international financial resource of the company in the assigned section.</span></li>
</ul>

<p></p>

<h2>Salary after MBA in International Business</h2>

<p></p>

<figure class="wp-block-image size-large"><img src="https://images.livemint.com/img/2020/04/13/1600x900/money_1586800586496_1586800586788.jpg" alt="salary mba in international business" /></figure>

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<p><span style="font-weight: 400;">Many students are drawn towards MBA-International Business with the hope of lucrative careers and an opportunity to travel across the globe. An <a href="https://sunstone.in/mba">MBA degree</a> in International Business does fulfil all their expectations and much more by offering diverse career paths, as mentioned below: </span></p>

<p></p>

<figure class="wp-block-table">
<table>
<tbody>
<tr>
<td>
<p style="text-align: center;"><b>Jobs after MBA in International Business</b></p>
</td>
<td>
<p style="text-align: center;"><b> Starting Salary for MBA in International Business </b></p>
</td>
</tr>
<tr>
<td>
<p style="text-align: center;"><span style="font-weight: 400;">Export Manager</span></p>
</td>
<td><span style="font-weight: 400;">3 Lakh</span></td>
</tr>
<tr>
<td>
<p style="text-align: center;"><span style="font-weight: 400;">International Business Consultant</span></p>
</td>
<td>
<p style="text-align: center;"><span style="font-weight: 400;">4 Lakh</span></p>
</td>
</tr>
<tr>
<td>
<p style="text-align: center;"><span style="font-weight: 400;">Global Business Manager</span></p>
</td>
<td><span style="font-weight: 400;">3.5 Lakh</span></td>
</tr>
<tr>
<td><span style="font-weight: 400;">Global Marketing Manager</span></td>
<td>
<p style="text-align: center;"><span style="font-weight: 400;">4 Lakh</span></p>
</td>
</tr>
<tr>
<td>
<p style="text-align: center;"><span style="font-weight: 400;">Global Financial Manager</span></p>
</td>
<td>
<p style="text-align: center;"><span style="font-weight: 400;">5 Lakh</span></p>
</td>
</tr>
</tbody>
</table>
</figure>

The scope of an MBA in international business is enormous. Students pursuing this degree are taught to face upto challenges and implement solutions to global problems. Learn also about the salary of MBA graduates in international business with our Sunstone blog.

MBA in International Business: Career, Scope and Salary | Sunstone Blog

career options after MBA International Business,International Business,jobs after MBA international business,Management,MBA,MBA in International Business,PGDM,PGDM in International Business,scope of MBA international business

MBA in International Business: Career, Scope and Salary

<p>Almost every MBA student or aspirant thinks that an MBA is a one-stop solution to all their career problems. They believe an MBA will massively accelerate their progress up the corporate ladder and increase their salary package. However, an MBA doesn't magically do all this for you, you also have to put in the efforts in order to succeed.</p>

<p><span style="font-weight: 400;">MBA has been the preferred degree of choice for management graduates for decades now. However, despite having hundreds of universities and thousands of colleges operating in this field, there is still one crucial aspect that has remained overlooked for quite some time, i.e, the MBA curriculum.</span></p>

<p><span style="font-weight: 400;">This negligence to update the syllabus can be observed not only in the subject matter but also in the teaching techniques used. This academic failure is causing a majority of MBA graduates to become unemployable (almost 61%) as their training does not reflect the latest market expectations. Let us try to understand where this gap between the MBA curriculum and market expectations comes from.</span></p>

<h2>MBA Expectations for Student Life</h2>

<p>Some students underestimate the level of dedication and discipline an MBA requires. Let us be clear here, those students are in for a rude awakening.</p>

<p>Most students <a href="https://sunstone.in/mba" target="_self">pursuing an MBA</a> used to be top of their class in school and college. However, the competition is so high in MBA that these same students end up being average.</p>

<p>This is the harsh reality of MBA, although it shouldn't act as a deterrent but as extra motivation in order to become the best version of yourself.</p>

<h2>MBA enough to get the job?</h2>

<p>An MBA does help you a lot in terms of job prospects but you need something extra to stand out.</p>

<p>Key skills employees look out for these days include-</p>

<ul>
<li>Working well with others</li>
<li>Time management</li>
<li>Networking</li>
<li>Problem-solving</li>
</ul>

<p>These soft skills go a long way in impressing employers and together with an<a href="https://sunstone.in/mba"> MBA degree</a>, they form an unbeatable combination.</p>

<h2>Salary Expectations for MBA</h2>

<p>On average, MBA grads double their pre-MBA salaries. Although salaries depend on a lot of factors and can vary a lot, an MBA definitely provides a positive long-term ROI and you must take this into consideration before making an informed choice.</p>

<h2 class="has-text-align-left">MBA Course Expectations V/S Reality</h2>

<p><span style="font-weight: 400;">Here are a few factors that seem to be the cause of this rift between the MBA syllabus and market expectations.</span></p>

<ul>
<li>
<h3>Outdated Concepts</h3>
</li>
</ul>

<p><span style="font-weight: 400;">Since the MBA curriculum is supervised by the universities offering them, it often takes years before even minor changes to the syllabus are approved, resulting in dated concepts being kept in the course, years after they have lost all relevance to the market. </span></p>

<p><span style="font-weight: 400;">The market on the other hand continuously experiments with newer technologies, in order to match and beat the competition. They expect the MBA graduates they hire, to be up to date on these concepts as well. Without this knowledge, these graduates end up operating at the same level as entry-level interns, that still need time to clear their concepts.</span></p>

<ul>
<li>
<h3>Impractical Techniques</h3>
</li>
</ul>

<p><span style="font-weight: 400;">Learning from an outdated MBA curriculum give students limited opportunities to successfully apply the theories to real-life market conditions. This means that most professors stick to theoretical learning, thus encouraging students to memorize the concepts so that they at least pass the examinations.</span></p>

<p><span style="font-weight: 400;">This process deprives students of the skills needed to succeed at a real job. The employers then have to spend months training them on basic practical applications, which is a waste of both time and money. </span></p>

<ul>
<li>
<h3>Limited Focus</h3>
</li>
</ul>

<p><span style="font-weight: 400;">An aged MBA curriculum does not reflect the vast improvements that new technologies have brought to small and medium scale businesses all across the globe. This means that a majority of the case studies and thought experiments taught to students still focus only on the problems of big corporations operating in capitalistic, well-developed markets such as the US.</span></p>

<p><span style="font-weight: 400;">Unfortunately, lessons learned from these examples do not always apply to the variety of business profiles that can be found in Tier-2 &amp; 3 cities in India which are offering the most potential for growth in recent times.</span></p>

<ul>
<li>
<h3>Technical Knowledge</h3>
</li>
</ul>

<p><span style="font-weight: 400;">Unless students pick a specific specialization such as Digital Marketing, the MBA curriculum for most colleges does not take into account the benefits that online tools such as social media, web analytics and e-commerce platforms bring to any business.</span></p>

<p><span style="font-weight: 400;">Unfortunately, without the technical know-how needed to use these tools properly, recent MBA graduates are seen as analogue workers in a digital economy where every business needs to have an online presence in order to survive and build their brand.</span></p>

<ul>
<li>
<h3>Soft Skills</h3>
</li>
</ul>

<p><span style="font-weight: 400;">The biggest complaint against the MBA curriculum of most colleges is their single-minded focus on managing the business activities, rather than managing the people who are actually carrying out the activities.</span></p>

<p><span style="font-weight: 400;">This kind of people management requires the knowledge of various soft skills such as communication, leadership, interpersonal skills, teamwork and much more. MBA graduates without these skills often struggle to keep their coworkers happy and productive, which directly impact the future of the company and their own careers.</span></p>

<ul>
<li>
<h3>Industry Exposure</h3>
</li>
</ul>

<p><span style="font-weight: 400;">Most MBA graduates assume that they will get offers from top companies straight out of college. Which is why they focus so much on getting great marks, rather than gaining industry exposure in regards to working at a regular company and growing it to the point where their theoretical knowledge of advanced economic concept may become useful.</span></p>

<p><span style="font-weight: 400;">Unfortunately, this becomes a problem for the companies that hire them, as they have to spend time and energy in teaching new hires how to do a job that they have no training for, in order to manage people and handle competitors that have spent years perfecting their craft. </span></p>

<p><span style="font-weight: 400;">While many colleges have tried to address these issues, the gap between their efforts and market requirements is still quite large. Not to mention that their efforts are based on assumptions of market conditions rather an actual collaboration with industry professionals. Until the people that make the MBA curriculum actually sit down with the recruiters to get on the same page, we will remain in a situation where the MBA continues to lose its credibility as a business qualification.</span></p>

Apart from theoretical knowledge, your expectations from MBA course should also include time management, networking, problem-solving skills and working well with others. Find out also about the reality of MBA placements with our Sunstone blog.

MBA Expectations V/s Reality | Sunstone Blog

MBA,MBA curriculum,MBA jobs,mba jobs declining,PGDM,PGDM curriculum

MBA Expectations V/s Reality | Sunstone

<p><span style="font-weight: 400;">To choose between MBA or PGDM is an ongoing debate. Many feel that both are quite similar and provide similar opportunities in the future. But that is not the case. MBA and PGDM, both are management programs which are quite different from each other in terms of curriculum, specifications, pedagogy, orientation etc. </span> <span style="font-weight: 400;">If you are a student who is stuck between MBA and PGDM then, this article is just for you. Read below to understand the difference between MBA and PGDM to choose the best option for yourself and your career! </span></p>
<h4 style="text-align: left;"><b>MASTER OF BUSINESS ADMINISTRATION (MBA)</b></h4>
<p><span style="font-weight: 400;">Master&rsquo;s in Business Administration (MBA) is a degree course provided by the University or colleges recognized by the Universities which are approved by University Grants Commission (UGC), and sometimes also by All India Council for Technical Education (AICTE). </span><span style="font-weight: 400;">The core courses in an MBA program cover various areas of business such as accounting, finance, marketing, human resources, and operations in a manner most relevant to management analysis and strategy. Most programs also include elective courses.</span></p>
<h4><b>POST GRADUATE DIPLOMA IN MANAGEMENT (PGDM)</b></h4>
<p><span style="font-weight: 400;">PGDM courses are offered by private B-Schools that are not affiliated with any University. PGDM is awarded by autonomous institutes offering management program, these institutes prepare their own syllabus, and they are no way dependent on the universities and enjoy the full autonomy of their courses. A two year PGDM is equivalent to MBA. All autonomous/private universities in India cannot award MBA &amp; they should award a PGDM (IIMs also confer PGDM for those joining PGP)</span> &nbsp;</p>
<h3>Key Differences Between MBA and PGDM:</h3>
<p><span style="font-weight: 400;">Some of the key differences between them are listed below:-</span></p>
<table>
<tbody>
<tr>
<td></td>
<td><b>M.B.A.</b></td>
<td><b> &nbsp;&nbsp;&nbsp;</b> <b>P.G.D.M.</b></td>
</tr>
<tr>
<td><b>Full form</b></td>
<td><span style="font-weight: 400;">Masters of Business Administration</span></td>
<td><span style="font-weight: 400;">Post Graduate Diploma in Management Studies</span></td>
</tr>
<tr>
<td><b>Type</b></td>
<td><span style="font-weight: 400;">Degree</span></td>
<td><span style="font-weight: 400;">Diploma</span></td>
</tr>
<tr>
<td><b>Programme</b></td>
<td><span style="font-weight: 400;">Offered by an institution that is affiliated to a University.</span></td>
<td><span style="font-weight: 400;">Offered by an institution that is not affiliated to any University.</span></td>
</tr>
<tr>
<td><b>Study</b></td>
<td><span style="font-weight: 400;">Based on developing technical skills and business knowledge.</span></td>
<td><span style="font-weight: 400;">Based on Industry-specific needs.</span></td>
</tr>
<tr>
<td><b>Examples</b></td>
<td><span style="font-weight: 400;">IGNOU, IIT</span></td>
<td><span style="font-weight: 400;">IIM&rsquo;s, XLRI's</span></td>
</tr>
<tr>
<td><b>Focus</b></td>
<td><span style="font-weight: 400;">Generally, MBA focuses more on theoretical aspects of management.</span></td>
<td><span style="font-weight: 400;">Generally, PGDM focuses more on building soft skills.</span></td>
</tr>
<tr>
<td><b>Orientation</b></td>
<td><span style="font-weight: 400;">Exam</span></td>
<td><span style="font-weight: 400;">Industry</span></td>
</tr>
<tr>
<td><b>Affordability</b></td>
<td><span style="font-weight: 400;">Generally, more affordable</span></td>
<td><span style="font-weight: 400;">Generally, less affordable</span></td>
</tr>
<tr>
<td><b>Curriculum</b></td>
<td><span style="font-weight: 400;">Rigid, due to an involvement of the University.</span></td>
<td><span style="font-weight: 400;">Flexible.</span></td>
</tr>
<tr>
<td><b>Duration</b></td>
<td><span style="font-weight: 400;">Two to three years</span></td>
<td><span style="font-weight: 400;">One to two years</span></td>
</tr>
<tr>
<td><b>Controller of Examination</b></td>
<td><span style="font-weight: 400;">University</span></td>
<td><span style="font-weight: 400;">Institute itself</span></td>
</tr>
<tr>
<td><b>Entrance Examination</b></td>
<td><span style="font-weight: 400;">Generally, through state-level university examination.</span></td>
<td><span style="font-weight: 400;">Generally, through CAT/MAT/GMAT.</span></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<h3><b>Why should you choose PGDM?</b></h3>
<p><span style="font-weight: 400;">Given below are a few advantages of PGDM course which you must understand before making your decision. </span></p>
<ul>
<li>
<h4>Industry Synced Curriculum:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">The course structure of PGDM is such that it is more industry-oriented as compared to MBA. Since autonomous institutes offer this course, therefore the curriculum is kept in accordance with the latest developments. Also, PGDM has a more practical approach, whereas, MBA just gives you bookish knowledge.</span></p>
<ul>
<li>
<h4>Specialization in any field:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">PGDM lets you specialize in your areas of interest. For example, if you choose to go for specialization in Human Resource Management, then you can choose minor subjects like Marketing/ Finance/IT/Project management which gives you an edge over other candidates.</span></p>
<ul>
<li>
<h4>Preference for Higher Studies:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">Many reputed Business schools in India, as well as Abroad, give preference to PGDM students over MBA students. This is due to the practical insight which PGDM offers an MBA which is more theoretical lacks. Hence it gives you an advantage over other students provided it is done from a reputed institute.</span></p>
<ul>
<li>
<h4>Industry Exposure:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">A PGDM course prepares the participants for the challenges in the corporate world. The professors employed for this program are usually entrepreneurs or industry leaders. International industrial tours and summer internship training is also provided to enable the participants to gauge the current business scenario. These tours and internships help candidates to translate theoretical concepts into reality. </span></p>
<ul>
<li>
<h4>Better Placement Offers:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">An AICTE approved PGDM program also paves the way for umpteen placement opportunities for the candidates. In today&rsquo;s highly competitive world, the employers always prefer candidates with some out-of-the-box and wacky ideas, who can perceive roadblocks as opportunities and challenges. Post Graduate Diploma in Business Management course prepares the participants to develop such ideas and have a go-getter attitude.</span></p>
<ul>
<li>
<h4>Experienced Faculty:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">In institutes offering PGDM, the teachers are more qualified as they are offered lucrative salary packages whereas in MBA colleges due to the outdated rules of universities, college makes extra efforts to bring the latest corporate learnings.</span></p>
<ul>
<li>
<h4>Develop Workplace Skills:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">Today&rsquo;s competitive business world calls for business experts who could present themselves as a complete package. That&rsquo;s why along with the knowledge of the core area, it is extremely crucial to have professional skills. A PGDM program is well-equipped for the development of mannerism and other such skills to prepare the participants for a bright career. It makes your job ready for the leadership and managerial skills you learn. These skills help you in surviving the competitive corporate world with ease.</span> &nbsp;</p>
<h3><b>Why Should You Choose MBA?</b></h3>
<p><span style="font-weight: 400;">If you feel that PGDM is not the right choice for you, then you can always go for an MBA program. Read the features of an MBA program given below and make the right choice for yourself! </span></p>
<ul>
<li>
<h4>MBA a Degree program:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">At the end of an MBA program, students are conferred with MBA degree instead of a Post Graduate Diploma. You do not need any AIU equivalence certificate to accompany your MBA degree while to prove that you have done MBA an equivalence certificate is needed with PGDM.</span></p>
<ul>
<li>
<h4>Transferable Skills:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">Much of the knowledge and hard and soft skills you gain from earning your MBA is applicable across many industries. You become more skilled and versatile regardless of your industry or job title thanks to widely applicable qualities like leadership, critical and analytical thinking, creativity, and communication. Unlike career-specific advanced degrees like a teaching credential or a medical degree, an MBA can transfer easily to many industries and offer you a wide array of careers throughout your life.</span></p>
<ul>
<li>
<h4>MBA backed by University:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">MBA degrees are awarded by Universities. There is uniformity in education, learning among all the University affiliated colleges. Besides, students do not have to exercise so much caution while opting for MBA course offered by the University or University colleges as they carry all the university related credentials as again the private PGDM colleges who sometimes may not follow the AICTE norms meticulously.</span></p>
<ul>
<li>
<h4>Differentiation as a Job Candidate:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">Even if an MBA isn&rsquo;t a minimum requirement, the degree can be a powerful differentiator when you&rsquo;re competing against dozens of candidates all applying for the same position&mdash;especially when they are all impressive in their own way. But as impressed as employers may be about managerial accomplishments in the field, the fact that you&rsquo;ve earned an MBA degree is likely to take your application up a notch in the minds of potential employers.</span></p>
<ul>
<li>
<h4>Broader Worldview:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">While earning your MBA, you address big business issues and real-world business challenges which hones your ability to look beyond your role and see how organizations operate as a whole. This also increases your exposure to diverse perspectives on global, social, and business issues as you collaborate with students whose backgrounds, experiences, and career goals differ from yours.</span></p>
<p></p>
<p>Also Read -&nbsp; <a href="http://sunstone.in/mba-still-golden-ticket-success-management/" target="_blank" rel="noopener noreferrer">Is MBA Still a Golden Ticket to Success?</a></p>
<p></p>
<ul>
<li>
<h4>MBA Fee structure is low:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">Since, mostly government approved universities offer MBA degrees, the MBA fee structure is regulated by them even for the private MBA colleges affiliated to them. These universities offer MBA at a subsidized fee as they receive financial aid and grants from the government but since private universities have to manage on their own they have a high fee structure for MBA program like NMIMS, Symbiosis, Xavier University Bhubaneswar among others.</span></p>
<ul>
<li>
<h4>Building Network:</h4>
</li>
</ul>
<p><span style="font-weight: 400;">While earning your MBA, you come into contact with faculty and fellow students and alumni of the program who begin to form&mdash;or add to your existing&mdash;network of colleagues. These include people both within your industry and outside of it and are often spread out across the world, which can translate to promising opportunities in the future. </span> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</p>

When you compare MBA vs PGDM, you will find differences in terms of ✓ Curriculum ✓ Value of Course ✓ Course Duration ✓ Job Market ✓ Controller of Examination. Learn also about the salary difference between PGDM vs MBA in India with our Sunstone blog.

PGDM vs MBA: Key Differences between MBA vs PGDM | Sunstone Blog

PGDM vs MBA: Key Differences between MBA vs PGDM

Top 10 Management Skills Required by Employers,MBA in International Business: Career, Scope and Salary,MBA Expectations V/s Reality | Sunstone,PGDM vs MBA: Key Differences between MBA vs PGDM

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