kiamspune-blog

[kiamspune-blog]

What are the responsibilities of a Nurse?

Hospitals require nurses for smooth day-to-day operations. Hence, a lot of them recruit students from the best nursing colleges in Bangalore or elsewhere. These students complete a 4-year undergraduate course which equips them with knowledge and skills that make them competent nurses. The competency is also measured by how they perform their daily responsibilities. Let’s take a look at these responsibilities.

1. Patient Care

Once a nurse is assigned to a particular patient, they undertake all the responsibilities of that particular patient. It includes managing their physical needs, treating their health condition and monitoring the patient’s progress. The nurse has to report all these factors to the concerned doctor to aid in the decision-making process.

The nurse has to act in the patient’s best interest throughout the process. To keep them in a good mental state, the nurse is supposed to talk to them in a friendly manner. If they take an interest in the patient’s personal life, the patient feels comfortable around the nurse and develop a bond. This helps in speeding up their recovery.

2. Patient advocacy

Patient advocacy is another important responsibility of the nurse. They are expected to convey all the medical problems a patient is facing to their concerned doctor. Based on the information received, the doctor can make a treatment plan.

Since patients are unwell, they are physically not in a position to convey everything. However, a nurse monitors them 24*7. Thus, they practically know everything about the patient. Therefore, they can convey the medical condition to the doctor. It works in the best interests of all the parties involved.

3. Patient support

Doctors have a lot of patients to treat. Thus, it is impossible for them to give each patient plenty of time. This is where nurses come into the picture. They concisely explain the patient and their family about health problems and subsequent medications.

Even after discharge, the nurses give detailed instructions to the patient’s family about taking care at home. In case a necessary situation arises, they make sure that they are available on the phone.

These are some of the responsibilities of a nurse in a hospital. They will be made aware of it after graduating from one of the nursing colleges in Bangalore or elsewhere.

[kiamspune-blog]

If you are interested in making a career in business analytics, chances are you have heard about SAS. It is a software tool that retrieves data from various sources and does statistical analysis on it. It is also useful for advanced analytics, business intelligence, and social media analytics.

[kiamspune-blog]

Why it is important to learn SAS in PGDM in Business Analytics

If you are interested in making a career in business analytics, chances are you have heard about SAS. It is a software tool that retrieves data from various sources and does statistical analysis on it. It is also useful for advanced analytics, business intelligence, and social media analytics. Therefore, for its variety of uses, SAS is known as the king of analytical tools.  

SAS is also an essential part of the PGDM in Business Analytics curriculum. Its importance carries more weight than the reasons mentioned above. To elaborate more on this, let’s find out why it is important to learn SAS.

1. Globally Recognized

Every year, students from over 120 countries apply for SAS certification. It is because anyone can learn SAS. Even a student from non-technical or non-statistical background can pursue this certification. Plus, the certificate is recognized globally by top companies, colleges and academicians. Hence, the demand for SAS certification is very high. Luckily, business analytics students can learn this course in their PGDM program. You can be one of them.

2. Improves resume

On completing the SAS certificate, you will receive a digital badge. It’s a proof that you have successfully completed the SAS certificate. This badge will highlight in your CV and distinguish you from the rest who pretend to know SAS. Plus, you will be able to answer all of the interviewer’s SAS based questions. It will leave a great impression on the interviewer and help you crack the interview.  

3. Flexible

SAS is highly flexible. It evolves with the developments in the field of business analytics. A recent example of it would be SAS offering its service in social media analytics. Therefore, certified SAS students have the opportunity to learn new services. Similarly, new developments are easily integrated in the SAS course in the PGDM program. It will keep you up-to-date with everything.  

4. High paying jobs

If you Google ‘SAS jobs’, you will find a lot of listings from various companies. Professionals who have learnt SAS are in high demand in the market. Whether you’re in sales, consulting, R&D, tech support, marketing, finance, human resources or another area of specialty, the need for SAS everywhere. To avail your services, companies will pay you handsomely.  

If the above-mentioned reasons convinces you to pursue business analytics, check out the best PG Diploma in Management colleges in India that offer this program. They will not only make you competent in SAS, but also help you in getting recruited by the top companies in the country.

[kiamspune-blog]

Why it is important to learn SAS in PGDM in Business Analytics

If you are interested in making a career in business analytics, chances are you have heard about SAS. It is a software tool that retrieves data from various sources and does statistical analysis on it. It is also useful for advanced analytics, business intelligence, and social media analytics. Therefore, for its variety of uses, SAS is known as the king of analytical tools. 

SAS is also an essential part of the PGDM in Business Analytics curriculum. Its importance carries more weight than the reasons mentioned above. To elaborate more on this, let’s find out why it is important to learn SAS. 

1. Globally Recognized 

Every year, students from over 120 countries apply for SAS certification. It is because anyone can learn SAS. Even a student from non-technical or non-statistical background can pursue this certification. Plus, the certificate is recognized globally by top companies, colleges and academicians. Hence, the demand for SAS certification is very high. Luckily, business analytics students can learn this course in their PGDM program. You can be one of them. 

2. Improves resume 

On completing the SAS certificate, you will receive a digital badge. It’s a proof that you have successfully completed the SAS certificate. This badge will highlight in your CV and distinguish you from the rest who pretend to know SAS. Plus, you will be able to answer all of the interviewer’s SAS based questions. It will leave a great impression on the interviewer and help you crack the interview.

 3. Flexible 

SAS is highly flexible. It evolves with the developments in the field of business analytics. A recent example of it would be SAS offering its service in social media analytics. Therefore, certified SAS students have the opportunity to learn new services. Similarly, new developments are easily integrated in the SAS course in the PGDM program. It will keep you up-to-date with everything. 

4. High paying jobs 

If you Google ‘SAS jobs’, you will find a lot of listings from various companies. Professionals who have learnt SAS are in high demand in the market. Whether you’re in sales, consulting, R&D, tech support, marketing, finance, human resources or another area of specialty, the need for SAS everywhere. To avail your services, companies will pay you handsomely. 

If the above-mentioned reasons convinces you to pursue business analytics, check out the best PG Diploma in Management colleges in India that offer this program. They will not only make you competent in SAS, but also help you in getting recruited by the top companies in the country.

[kiamspune-blog]

Career prospects after PGDM in Marketing

A career in marketing is a highly sought after choice for individuals, who are interested in entertainment and advertisement. This discipline promotes the use of creative ideas for selling a product. It makes the entire ideation process not only challenging but fun at the same time. Thus, it has become one of those fields where employees enjoy their work every day. As a result, many students consider pursuing a PGDM in Marketing in one of the best management colleges in India.  

After completing this program, marketing students can land different jobs in MNCs or marketing agencies. To get a brief idea about the kind of profiles students can expect, keep reading.

1. Brand Manager

A brand manager is responsible for creating and handling a brand strategy for different clients. To make a successful one, brand managers have to narrow down on a vision, build brand guidelines, and create a value proposition for short and long term. An effective brand strategy helps in creating strong brand awareness. Moreover, brand managers have to plan and execute all forms of communication on social media and different media channels.

A few other responsibilities of a brand manager include competitor analysis, looking at customer insights, preparing financial reports and forecasting company sales. Thus, brand managers need to have the good business acumen to excel in all these responsibilities.  

2. Sales Manager

In this job, individuals will be responsible for building a sales plan by analyzing the company’s data. Also, they will lead a sales team and set goals for them to complete within a given deadline. To make sure that the team achieves its targets, the sales manager should mentor them.  

3. Market Research Analyst

To successfully tap the potential of any market, it is important to analyse it thoroughly. Therefore, companies hire market research analysts. They are expected to gather data to identify the latest trends in the market. The data is collected with the help of statistical software. Apart from that, the analyst is expected to study competitors and gather consumer insights. Based on all the relevant data, the research analyst can formulate a strategy which will help the company explore the market to gain profits. The strategy also includes sales trends and market forecasting.  

These are some of the career prospects marketing students can explore after graduating from one of the best PGDM colleges in Pune or elsewhere. Companies not only actively recruit students for these roles but also pay them handsomely. So, you can definitely expect to lead a prosperous career in the field of marketing.

[kiamspune-blog]

Career prospects after PGDM in Marketing

A career in marketing is a highly sought after choice for individuals, who are interested in entertainment and advertisement. This discipline promotes the use of creative ideas for selling a product. It makes the entire ideation process not only challenging but fun at the same time. Thus, it has become one of those fields where employees enjoy their work every day. As a result, many students consider pursuing a PGDM in Marketing in one of the best management colleges in India.

After completing this program, marketing students can land different jobs in MNCs or marketing agencies. To get a brief idea about the kind of profiles students can expect, keep reading.

1. Brand Manager

A brand manager is responsible for creating and handling a brand strategy for different clients. To make a successful one, brand managers have to narrow down on a vision, build brand guidelines, and create a value proposition for short and long term. An effective brand strategy helps in creating strong brand awareness. Moreover, brand managers have to plan and execute all forms of communication on social media and different media channels.

A few other responsibilities of a brand manager include competitor analysis, looking at customer insights, preparing financial reports and forecasting company sales. Thus, brand managers need to have the good business acumen to excel in all these responsibilities.

2. Sales Manager

In this job, individuals will be responsible for building a sales plan by analyzing the company’s data. Also, they will lead a sales team and set goals for them to complete within a given deadline. To make sure that the team achieves its targets, the sales manager should mentor them.

3. Market Research Analyst

To successfully tap the potential of any market, it is important to analyse it thoroughly. Therefore, companies hire market research analysts. They are expected to gather data to identify the latest trends in the market. The data is collected with the help of statistical software. Apart from that, the analyst is expected to study competitors and gather consumer insights. Based on all the relevant data, the research analyst can formulate a strategy which will help the company explore the market to gain profits. The strategy also includes sales trends and market forecasting.

These are some of the career prospects marketing students can explore after graduating from one of the best PGDM colleges in Pune or elsewhere. Companies not only actively recruit students for these roles but also pay them handsomely. So, you can definitely expect to lead a prosperous career in the field of marketing.

[kiamspune-blog]

If you are a student aspiring to pursue an MBA in Business Analytics , R-programming will definitely be in your curriculum.

[kiamspune-blog]

Packages that make R-programming look cool

If you are a student aspiring to pursue an MBA in Business Analytics, R-programming will definitely be in your curriculum. It is a programming language used for statistical computing and data analysis. While R’s uses make it very beneficial in the analytics industry, very few people know beforehand how easy it is to learn and code R. It is due to the different packages that R offers. These packages have various utilizations - from creating graphs & plots to analyze data. They not only make work easier but also make it look cool, thanks to data visualization. Data visualization transforms the numbers that you input into graphs and models with the help of these packages, which gives data understanding a whole new meaning.

Since R offers a lot of packages, we have made a comprehensive list of the ones that you will use often in your code.

1. ggplot2

One of the most popular packages in R-programming, ggplot2 is ideally used for data visualization. Created by Hadley Wickham in 2005, ggplot2 is an implementation of the concept Grammar of Graphics, where graphs are broken into scales and layers for a better understanding of the data in hand.

2. gridExtra

While ggplot2 is an excellent package for data visualization, it lets you plot only once in a given grid graphic. This whole process of plotting each set of data in different grid graphic can become very cumbersome. To avoid that, the gridExtra package allows you to plot a different set of data on a single grid graphic.

3. Cairo

Cairo helps you save your graphic or project in a format that helps you to retain its high-quality pixels. The package lets you save it in formats such as PNG, JPEG, TIFF bitmap files, high-resolution PDF files with embedded fonts, SVG graphics and PostScript files.

4. Forecast

The forecast package in R has methods and tools, like exponential smoothing and automatic ARIMA modelling, which are used for analysing data related to time series.

5. Shiny

Shiny is a very advanced package in R programming. It is used to build interactive web apps through R code and R graphics. This web app can be used to run data analysis on different parameters, or explain the math used to create a graphic.

These are the various R packages that you can learn to use in your PGDM in Business Analytics. The knowledge of these packages will strengthen your knowledge in R-programming, which will reflect positively in your career in business analytics.

[kiamspune-blog]

India is filled with many MBA colleges in various states and Karnataka is no exception to this. It is home to some of the best MBA colleges in the country. The courses offered by these management colleges in Karnataka are not only sought after by the local students, but also by students from all over the country.

[kiamspune-blog]

Top 3 MBA colleges in Karnataka

India is filled with many MBA colleges in various states and Karnataka is no exception to this. It is home to some of the best MBA colleges in the country. The courses offered by these management colleges in Karnataka are not only sought after by the local students, but also by students from all over the country. The factors behind this are ranking, fees, college perception and placements. Based on these factors, let’s take a look at a few colleges

1. KIAMS

Ranking -  KIAMS has been ranked No.4 in India, just behind the IIMs, in the NHRDN-People Matters B-School Ranking 2016 for Leadership and Governance. KIAMS was also highly rated on many other aspects including:

16th in Corporate Connectedness

21st in Accreditation and Linkages

26th in Faculty Profile

28th in Infrastructure

It has also been consistently ranked A++ by the prestigious Business India magazine.

College perception - KIAMS is a very popular and well-respected college across Karnataka and India. The reason behind its popularity is its consistency in producing good students for the last 25 years. These students have given testimonials about how important KIAMS was for their successful careers. One of the reasons mentioned was how KIAMS adapted to constant developments in the field of management. This shows that KIAMS believes in maintaining a modern approach to teach their students. The approach extends to their campus as well, with all the modern amenities placed for students to use. With a great faculty and an excellent campus life, KIAMS is definitely a college to look out for.

Fees and placement - With a fee of Rs 3.2 lakhs per year, the average placement of KIAMS is around Rs 7 lakhs p.a, while the highest package offered was Rs 14 lakhs p.a. KIAMS offers 100% placements. With top companies looking to recruit every year, the return on investment is good in every sense.

2. XIME

Ranking - XIME has been ranked 22 by the Business India magazine in December 2017

College perception - For a b-school of 25 years, XIME is slowly getting there in terms of being recognized as a top b-school in India. It is certainly recognized as one of the top MBA colleges in Karnataka, for it’s faculty and campus. The faculty is highly experienced and the college has all the modern amenities for study and recreational purposes. Apart from the modern facilities, XIME also takes care of its students by offering an international tour. This gives students the opportunity to taste a different culture altogether.

All in all, XIME is a good college to invest your time in.

Fees and placements - The fee of XIME is Rs 11 lakhs for two years. The average salary of the college is Rs 5.5 lakh p.a. The highest salary offered was Rs 12 lakh p.a.

3. PES University

Ranking - Like KIAMS, PES is amongst Top 20 private B-Schools In India according to the survey conducted by Careers 360.

College perception - PES university has gradually made a name for itself as one of the top MBA colleges in Karnataka. It is known for its experienced faculty, good infrastructure and cultural activities.

Fees and placements - The fee of PES is Rs 8 lakhs for two years. The average salary is around Rs 4 lakhs p.a. The highest salary offered was around Rs 9 lakh p.a.

These are some of the best PGDM colleges in Karnataka. All these colleges accept scores from major entrance exams. Work hard and secure your admission in one of them!

[kiamspune-blog]

Top 3 MBA colleges in Karnataka

India is filled with many MBA colleges in various states and Karnataka is no exception to this. It is home to some of the best MBA colleges in the country. The courses offered by these management colleges in Karnataka are not only sought after by the local students, but also by students from all over the country. The factors behind this are ranking, fees, college perception and placements. Based on these factors, let’s take a look at a few colleges

 1. KIAMS 

Ranking -  KIAMS has been ranked No.4 in India, just behind the IIMs, in the NHRDN-People Matters B-School Ranking 2016 for Leadership and Governance. KIAMS was also highly rated on many other aspects including:

 ● 16th in Corporate Connectedness

● 21st in Accreditation and Linkages

● 26th in Faculty Profile

● 28th in Infrastructure 

It has also been consistently ranked A++ by the prestigious Business India magazine. 

College perception - KIAMS is a very popular and well-respected college across Karnataka and India. The reason behind its popularity is its consistency in producing good students for the last 25 years. These students have given testimonials about how important KIAMS was for their successful careers. One of the reasons mentioned was how KIAMS adapted to constant developments in the field of management. This shows that KIAMS believes in maintaining a modern approach to teach their students. The approach extends to their campus as well, with all the modern amenities placed for students to use. With a great faculty and an excellent campus life, KIAMS is definitely a college to look out for. 

Fees and placement - With a fee of Rs 3.2 lakhs per year, the average placement of KIAMS is around Rs 7 lakhs p.a, while the highest package offered was Rs 14 lakhs p.a. KIAMS offers 100% placements. With top companies looking to recruit every year, the return on investment is good in every sense.

 2. XIME 

Ranking - XIME has been ranked 22 by the Business India magazine in December 2017 

College perception - For a b-school of 25 years, XIME is slowly getting there in terms of being recognized as a top b-school in India. It is certainly recognized as one of the top MBA colleges in Karnataka, for it’s faculty and campus. The faculty is highly experienced and the college has all the modern amenities for study and recreational purposes. Apart from the modern facilities, XIME also takes care of its students by offering an international tour. This gives students the opportunity to taste a different culture altogether. 

All in all, XIME is a good college to invest your time in. 

Fees and placements - The fee of XIME is Rs 11 lakhs for two years. The average salary of the college is Rs 5.5 lakh p.a. The highest salary offered was Rs 12 lakh p.a. 

3. PES University 

Ranking - Like KIAMS, PES is amongst Top 20 private B-Schools In India according to the survey conducted by Careers 360. 

College perception - PES university has gradually made a name for itself as one of the top MBA colleges in Karnataka. It is known for its experienced faculty, good infrastructure and cultural activities. 

Fees and placements - The fee of PES is Rs 8 lakhs for two years. The average salary is around Rs 4 lakhs p.a. The highest salary offered was around Rs 9 lakh p.a. 

These are some of the best PGDM colleges in Karnataka. All these colleges accept scores from major entrance exams. Work hard and secure your admission in one of them!

[kiamspune-blog]

3 management skills you will learn in a PGDM program

Alright, what do students expect from a PGDM program? Here’s a small list.

 ● Expertise in a particular domain.

● A career in management.

● A well-paid job.

● Employed in a top company. 

While it is a very ambitious list of expectations, students have to acquire a few management skills to fulfil them. These skills will not only make them efficiently manage a team, but also establish them as an authority figure in the company. However, they aren’t acquired naturally; students have to learn them in one of the best PGDM colleges in Pune or elsewhere. The learning happens by reading case studies, managing and taking part in cultural events, etc. 

Acquiring these skills is by far one of the most underrated aspects of a PGDM program. It is because students are too busy with other facets like lectures, exams, internships, etc. However, the skills are of paramount importance. They distinguish a good PGDM graduate from an average one. In that case, let’s take a look at the ones you need to acquire.

1. Leadership

 The first skill that a company looks for in management students is leadership. Why? They pay them well to manage their team and expect them to deliver results on time. To achieve on-time delivery, the team has to accept the allotted manager’s leadership and believe in the methods to complete the objectives. The team leader can create this belief by continually coordinating with the team, appreciating the team’s efforts and motivating them to achieve better things.

 Students will learn the above process in their MBA through experiences like being a leader of a group that is managing the college’s festive event.

2. Strategy 

An idea without a strategy is just a fanciful thought. Hence, students will be learning the guidelines to create a plan for their purposes. Students can then apply different strategies for their projects, their exams or even for their job interview. This approach extends to their work life as well, where deadlines for projects have to be met by executing day-to-day strategies prepared for them. These experiences will also improve their strategy making. 

With every new project requiring a different approach, strategy making is one skill that will serve the students well for the rest of their life. 

3. Innovation 

There comes a time a company might saturate in the services or solutions they provide to their clients. It also affects them in boarding new clients. To freshen things up, new management students are hired so that they can provide unique and innovative ideas. However, these creative ideas aren’t processed overnight. Students have to put the time and effort to understand the company’s current process and what parts of it needs changes. An open mind has to be kept to let the ideas flow naturally and also listen to other’s point of view. It is only through discussions and brainstorming that new ideas can emerge, which will then initiate changes in the company for the better. 

To summarise the above in 3 words - lead, strategize and innovate. Learn these skills from one of the best management colleges in India, and you will definitely have a successful career in management. 

[kiamspune-blog]

3 well paid jobs post MBA in Operations Management

Being one of the major specializations in MBA, a career in operations management encompasses of import, export, supply-chain-management etc, which are vital processes in any company. An MBA in Operation management equips students in dealing with challenges in the above processes. Hence, during recruitment, OM students land well-paid jobs, which leads to a very fulfilling career.

So if you are pursuing an MBA in Operations management from one of the best management colleges in Karnataka or elsewhere, here are the 3 well-paid jobs you can possibly land.

1. Operations Manager

An operations manager is tasked with handling the day-to-day responsibilities of the entire operations division. The operation manager has to maintain a good productivity rate for the goods to be delivered. To ensure this, the labourers have to be managed effectively. Next, the operation manager has to maintain quality control over imports and exports. Finally, to ensure the entire process runs smoothly, the operation manager has to maintain a safe working environment as the safety of the labourers is of paramount importance.

For such an important position, the average starting salary is Rs 8L p.a. With an experience of 5-10 years, that salary will grow exponentially.

2. Plant Manager

A plant manager is tasked to organize and direct the production plant of the company. They are responsible for increasing the productivity of the plant while reducing unnecessary costs. This helps in allocating the budget to other necessities like maintaining quality control over the production.

Plant managers can experience tremendous growth, depending upon their performance. The average starting salary ranges from Rs 9-10 L.

3. Process Managers

Process managers are tasked with the execution of the process on a day-to-day basis. If the process manager identifies changes to be made, the process is stopped until those changes are resolved. Process managers calculate the distribution of the company and analyse its performance. Based on the report, process managers can make an accurate judgement on the company’s performance and suggest changes accordingly.

The average starting salary of a  process manager is Rs 8 Lakhs per annum. Process managers can experience great growth depending on their performance.

These are the well-paid jobs an OM student can land after graduating from one of the best PGDM colleges in Karnataka or elsewhere. All the best!

[kiamspune-blog]

Top 4 industries with the highest demand for business analysts

The use of business analytics has become the norm in the corporate sector. It’s a tool that is used for business forecasting by using statistical methods. It helps in decision making and gives impetus to the company’s growth. Therefore, it is no surprise that the companies in various industries are looking to hire managers with a background in business analytics. Looking at this development, students are encouraged to pursue a PGDM in business analytics from some of the best B schools in India.

Business analysts are in high demand in a lot of industries. But which are the best ones? Let’s take a look at 4 of them.

1. Finance

Business analytics in finance is used to manage operating costs, monitor customer behavior and provide customer satisfaction. Monitoring customers consist of factors like spending patterns, credit card repayment, payment behaviours, social media interactions, use of payment gateways etc. This helps the statistical models in predicting more accurate outcomes. Analytics also helps companies in identifying and avoiding malpractices like money-laundering. For a business analytics professional, a career in finance could be fruitful.

2. Marketing

Business analytics has changed the landscape of marketing. With the rise in social media, it has become increasingly important to track the footprints and behavior of users. While it is important to monitor users, it is even more important to keep tabs on your competitors. Business analytics is also used for competitor analysis, sales pipeline and performance analysis, marketing campaign analysis and optimizing marketing strategies. All of these is down to the data collected by various analytical tools. With this information in hand, companies are now creating more unique strategies and better sales pitches for their prospective clients.

3. Banking

Slowly but steadily, business analytics is making its way into the banking sector. For instance, business analytics is being used to help customers with their transactions or their upcoming bills. They could also receive sound financial advice based on their banking habits. Banks are also using business analytics to detect fraudulent transactions.

4. Medicine

In the medical industry, analytical tools are used to improve the lives of the patients. There are medical devices which provide patients with information like the status of their health, schedule of their medicines, etc. It also helps hospitals to keep track of day-to-day processes like food safety, on-time appointments, data for various disease patterns, etc.

All in all, you can see the number of industries benefiting from business analytics and their demand for business analysts. Graduating business analytics from one of the top PGDM colleges in Pune will greatly benefit your career.

[kiamspune-blog]

Top 4 industries with the highest demand for business analysts

The use of business analytics has become the norm in the corporate sector. It’s a tool that is used for business forecasting by using statistical methods. It helps in decision making and gives impetus to the company’s growth. Therefore, it is no surprise that the companies in various industries are looking to hire managers with a background in business analytics. Looking at this development, students are encouraged to pursue a PGDM in business analytics from some of the best B schools in India. 

Business analysts are in high demand in a lot of industries. But which are the best ones? Let’s take a look at 4 of them.

 1. Finance

 Business analytics in finance is used to manage operating costs, monitor customer behavior and provide customer satisfaction. Monitoring customers consist of factors like spending patterns, credit card repayment, payment behaviours, social media interactions, use of payment gateways etc. This helps the statistical models in predicting more accurate outcomes. Analytics also helps companies in identifying and avoiding malpractices like money-laundering. For a business analytics professional, a career in finance could be fruitful. 

2. Marketing 

Business analytics has changed the landscape of marketing. With the rise in social media, it has become increasingly important to track the footprints and behavior of users. While it is important to monitor users, it is even more important to keep tabs on your competitors. Business analytics is also used for competitor analysis, sales pipeline and performance analysis, marketing campaign analysis and optimizing marketing strategies. All of these is down to the data collected by various analytical tools. With this information in hand, companies are now creating more unique strategies and better sales pitches for their prospective clients. 

3. Banking 

Slowly but steadily, business analytics is making its way into the banking sector. For instance, business analytics is being used to help customers with their transactions or their upcoming bills. They could also receive sound financial advice based on their banking habits. Banks are also using business analytics to detect fraudulent transactions. 

4. Medicine 

In the medical industry, analytical tools are used to improve the lives of the patients. There are medical devices which provide patients with information like the status of their health, schedule of their medicines, etc. It also helps hospitals to keep track of day-to-day processes like food safety, on-time appointments, data for various disease patterns, etc. 

All in all, you can see the number of industries benefiting from business analytics and their demand for business analysts. Graduating business analytics from one of the top PGDM colleges in Pune will greatly benefit your career.

[kiamspune-blog]

Top 5 jobs in Finance

Being one of the major specializations in MBA, an MBA in Finance is known to open up lucrative job offers in various sectors. Why? Because the course focuses on subjects like planning, accounting, investments, analysis of the market, taxation, costing, etc, which are applied in day-to-day business.

Graduating from one of the best management colleges in India gets you placed in very good companies. You can get your dream job with a handsome pay package. But which are those jobs? Let’s take a look at 5 of them.

1. Chief Financial Officer (CFO)

In the current fast-paced work environment, a CFO acts as the company’s financial authority. They play an important part in shaping their company’s financial strategies. Business owners rely on their CFO to provide key business information and updates about the current market situation.

One of the most coveted jobs in the Finance industry, a CFO is responsible for managing the company’s finances, financial planning, management of financial risks, record-keeping, and financial reporting. In some organizations, a CFO is also responsible for data analysis.

2. Investment Banking

An investment banker is responsible for raising capital for the government or for their organization. They are also responsible for the merger and acquisition of various firms. Although the investment bankers might have to work long hours, the flipside to this is the high compensation and a great job profile.  

3. Financial Analyst

The work of a financial analyst bears a huge effect on the company’s financial performance. They are tasked with the following responsibilities.

● Analyze the financial documents and trends in current market. This will include merchandising, budgeting, and forecasting.

● Meeting with the management team to discuss investment strategies.

● Creating detailed financial models for analysis and comparison.

● Comparing forecasted financial reports with actual reports to locate inconsistencies.

4. Account Manager

Account managers are responsible to handle the sales of the clients and maintain excellent relationships with them. Once the company acquires a client, the company directs them to one of their account managers. The account manager then acts as a link between the client and company for the whole process, like understanding the client’s requirements and getting the final deliverables approved. On the other hand, account manager generates sales for their company. This long term relationship proves beneficial to both parties.

5. Consultancy

Given your expertise in finance, you can act as an advisor for various organizations. Organizations will consult you about the best financial practices that will benefit them greatly. You may also be consulted regarding making investments in the market. Consultants usually have their own unique approach towards solving problems in an efficient manner. They are very well paid for that.

Pursuing an MBA in Finance from some of the best management colleges in Pune or elsewhere will help you land one of these jobs. All the best!

[kiamspune-blog]

There you have it, the various specialization offered at KIAMS, and the benefits of pursuing them. Ranked amongst the best management colleges in Pune, KIAMS will be an investment you will look with fondness in the years to come by.