BecomeBig

Category: Business

  • Want to know the list of MBA subjects?

    If you are going for an MBA or are someone who is preparing for MBA entrance exams, then know the list of subjects you would learn there.

    MBA is a comprehensive degree which teaches you all the skills required to manage and lead corporations and businesses effectively while also hones your critical thinking, problem-solving, communication, and decision-making abilities.

    It covers all the business domains such as finance, marketing, operations, human resources, strategy, leadership, and entrepreneurship.

    During your MBA journey, the subjects of first year would be common for all specializations, while you will encounter specialization specific subjects in the second year.

    Here’s a list of MBA subjects spread across the core curriculum (usually first year) and electives/specializations (usually second year).

    *Note that these may vary from college to college but more or less you will find the same subjects everywhere.

    Core MBA subjects

    Core MBA subjects are there to build your foundational knowledge related to all business domains.

    1. Marketing
    2. Economics
    3. Finance
    4. Accounting
    5. Operations Management
    6. Human Resources
    7. Organizational Behaviour
    8. Information Technology Management

    These offer a holistic knowledge of all the major skills required to run a successful business.

    Major Elective MBA subjects

    You choose the elective MBA subjects based on your goals and interests.

    • Marketing
    1. Digital marketing
    2. Brand Management
    3. Consumer Behaviour
    4. Product & Pricing
    • Finance
    1. Investment Banking
    2. Financial Statement Analysis
    3. Risk Management
    • Operations / Supply Chain
    1. Supply Chain Management
    2. Logistics
    3. Quality Management
    • Human Resources (HR)
    1. Talent Acquisition
    2. Performance Management
    3. HR Analytics
    • Strategy / Consulting
    1. Corporate Strategy
    2. Business Model Innovation
    3. Game Theory
    • IT Management
    1. Data Analytics
    2. Artificial Intelligence for Business
    3. IT Strategy

  • Why MBA after Computer Science is a good fit?

    Thinking of pursuing a Business degree after Computer Science? Here’s what you should know

    If you are a Computer Science graduate, you very well know that C.S. is the art of writing high-quality code in order to build products, systems and solutions. Software Developers solve problems and build highly scalable applications. And that first experience of building something that works gives us a boost to build more.

    On the other hand, a business degree along with real-world business exposure accelerates your business career. It teaches you how to analyze data and make better business decisions. There you get to learn

    🔹Why to build

    🔹Whom to build for

    🔹The impact of what you build

     

    Product Management

    For those who are equally enthusiastic when it comes to technology and business, Product Management can be the perfect fit. There they bridge the gap between engineering and product, combining technical knowledge with market insights.

    Both creators (like software developers) and curators (like business professionals) play vital roles.

    While creators are at the backend and manage the functionality, it is curators who are at the frontend, and manage the delivery and user experience. A successful business needs a balanced mix of both.

    Ultimately, it comes down to your preferences:

    🔹 Do you want to be at the backend, crafting how things work?

    🔹 Or at the frontend, shaping how things reach and impact people?

    Entrepreneurship

    If you want to open your own venture, then Computer Science along with MBA would be very useful in not just building but also sustaining your business. Though you will hire your own engineering team at a certain point of time but in the initial stages, you can build your own product. You will also feel much closer to your engineering team, because you’ve had exposure to that side.

    In today’s world of Tech and AI, having a holistic understanding of not just technical aspects but also the management side of things, equips you well to build, sustain and scale your own tech venture. A combination of Computer Science and MBA can truly work wonders.

  • What makes a businessperson big?

    Have you ever wondered what those big giants’ founders had that others don’t? What makes them and their businesses so big?

    Now there’s no set formula to make a business successful, but there are a few factors which are common in almost all of them.

    Courage

    First they had the courage to take risks. Some of them even left their well paying jobs because they believed in their vision. Piyush Bansal, left his job at Microsoft because he wanted to do something big.

    Now that doesn’t mean that everyone should just leave their jobs to pursue their entrepreneurial journey. Actually a corporate job gives you first hand experience and a glance into the corporate world. It is of great significance in order to know how things work at a corporation.

    The problem occurs when we get too comfortable that we forget our aspirations and give into the luxuries of a well paying job. As someone once said, “A salary is the drug they give you to forget your dreams.”

    Belief

    Second is they believed in their vision and had confidence that they are the ones who can do wonders. Mark Zuckerberg refused to sell Facebook when Yahoo! offered to buy it for $1 billion in the company’s early years.

    If you are not this confident in the success of your venture, then what’s the point of even starting it? But where does that confidence come from?

    Well, he had a thought-out vision for Facebook and knew where he could take it. That bolstered his confidence to believe in himself. A well crafted plan along with market analysis before starting something can do wonders. One should not jump into something without completing these prerequisites.

    Creators not immitators

    Lastly, they created something that did not exist before. While Larry Page and Sergey Brin revolutionized the world of search engines, Mark Zuckerberg changed our outlook on social media. They did not do something that everyone else was doing, and that’s the beauty of their work.

    They realized a potential market gap and filled it through their ventures. They created a need for something that did not exist. The next Google or Facebook won’t be the next big thing. It will be something which does not exist today.

    In order to make your business a success, you need to understand what made these businesspeople so big. Every business has different demands, but every big business person has more or less the same aspirations and mindset – to solve problems by building something impactful.

  • Know this before doing an MBA

    If you are someone who wants to pursue an MBA, and are in the preparation stage of MBA entrance exams or waiting for your MBA colleges to call you, know some things before pursuing the degree.

    MBA is a comprehensive degree that teaches you the ins and outs of the business side of things. But is that really possible in 2 years? Well MBA makes it possible, because when you go there, it’s actually a roller coaster ride. Long lectures which can go till late night, surprise quizzes, pre reads for tomorrow’s lectures, case competitions, online courses really prepare you well for the real world journey. That said, practical exposure will come only once you go for your full time job after the MBA. What MBA does is it prepares you well for that journey.

    But why I am writing this is not to tell you the pros or the cons of MBA. I want all of you to know certain skills before going for the degree. See when you enter your MBA college, your CV gets frozen within a month or so. You barely have time to decide on the CV pointers. What most students do is they mention certain certifications and courses in their CV and submit it, and later complete them. There’s no harm if you actually complete them, but with the packed schedule one has at an MBA college, it becomes very difficult to actually complete all of them, especially if you mentioned many courses that are still in progress.

    So, start now. Start with the very basic courses. They will give you an idea about different MBA fields, and will also help you choose your specialization. Given below is a list of some very basic skills one should know to give them a head start before going for this degree.

    1. Excel Skills

    First up is Excel. Excel skills are basically about data entry and its organisation. First you should be aware of some basic formulas like SUM, AVERAGE, COUNT, MIN, MAX. Once you are comfortable with those, move on to advanced functions like VLOOKUP, HLOOKUP, XLOOKUP, INDEX etc.

    For this, you can find plenty of tutorials on You tube but yeah if you are looking for a certificate, you can check some Udemy courses.

    1. PowerPoint Skills

    In MBA and even after that specially if you are in consulting roles, powerpoint will be your most used tool. Because you constantly present ideas there , and it’s the best way to structure your thoughts.

    So instead of using direct templates, start making presentations on MS powerpoint. For it, again you can check You tube. You will find plenty of options there.

    1. Basic Statistics

    Now next up is basic stats skills. Knowing basic statistics is super helpful for MBA students, and this is true not just for marketing or finance but this is something you will need in almost every MBA specialisation such as operations, business analytics, and even strategy. 
Actually mean, median & mode, they help you summarize and describe data, which is actually a requirement for any business field.

    For it you can just check whatever textbooks you used in your 11th & 12th, because you have already studied that, so it will just refresh your memory. For those who did not have Maths or Stats back then, you can check NCERT class 11, which you will get for free online.

    1. Basics of Economics and Finance

    Next up is the Basics of Economics and Finance. You should at least be aware of basic terminologies of microeconomics, certain market structures, macroeconomics and certain policies which decide the shape of businesses. You can get to know these from some crash course of economics on YouTube.

    1. Digital Marketing (for Marketing Enthusiasts)

    Last recommendation is for marketing enthusiasts. Go for a Digital Marketing course on Udemy or Coursera, because in today’s world companies want to rank higher on Google, i.e. they are spending in SEOs and SEMS which is nothing but search engine optimisations and search engine marketing. They are utilising tools such as Hubspot, Zoho, Salesforce which are basically for Marketing Automation & CRMs. Hence it is really crucial to be prepared for these things in advance.

    That’s all for this particular blog. The aim of this blog is just to spread awareness among students that the degree alone won’t land you in a good place after an MBA. There are certain skills you should have along with the degree. So start upskilling yourself from today.

    HAPPY LEARNING!