Everything You Wanted To Know About MBA

‘Survival of the fittest’ as it is famously said goes perfect with the current day scenario. With the growing globalization, there is fierce competition in the marketplace. There is an unprecedented demand for enterprising managers having global vision. Since the post-globalization era only, there has been a boost in the management education. After descending upon the scenario, top-notch management institutes aimed at carving all-rounder personalities who can transcend in this field.

MBA or Master of Business Administration is one such degree that attracts students from wide ranging disciplines. It is world renowned post graduation degree that is intended for the people who aim to work in business & management. This degree usually prepares a student for holding responsible positions basically of managerial levels. This professional degree program runs worldwide and it prepares individuals for working in management for any industry, be it business sector or nature of the economy.

Once an individual is through with his MBA degree, the management skills and business expertise that he learnt throughout the degree opens gateway to new career opportunities. This degree assures you higher pay scales that executives and upper level managers enjoy. MBA not only teaches you to get a job in a management enterprise but also helps you in achieving a balance between your work and life after work.

Deciding whether you want to do MBA or not?

First keep into consideration that you have to make your future. Secondly, regardless of type of MBA you want to pursue, you are required to study the following core topics, namely:

  • Quantitative analysis
  • Accounting
  • Marketing
  • Economics
  • Organizational behavior

If you are interested in studying these subjects then only pursue MBA otherwise drop your idea.

So, this is what you need to know about MBA. We hope that this article would surely have helped you in getting a clearer picture about MBA and how an MBA degree can help you. New markets, new technologies, new products, mergers, and off-shore resourcing create opportunity as well as uncertainty. With an MBA degree in hand, you can surely take advantage of the opportunities and protect yourself from uncertainties.

Tips For A Phone Interview

There are several different ways of taking an interview- Face-to-face, Telephonic and Online interview. In a face-to-face interview, the interviewer and the interviewee interact with each other face-to-face. In an online interview, the interview is taken through the interview process via some online software that enables the interviewer and interviewee to talk to each other. The third type of interview, that is the phone interview, is taken via phone. The interviewer calls the interviewee and they carry out the interview on the phone. Phone interviews are generally taken to shortlist the applicants who would then be called for a personal face-to-face interview. Do not take a phone interview lightly as it is just as important as a regular interview. Here are certain tips to help you prepare for your phone interview.

  • Prepare for the phone interview in the same way you would do for a regular interview. The major questions that you can be asked are your strengths and weaknesses, your background, skills and information about your current or former job, if any.
  • Your resume should be in clear view in case you are asked specific details about your educational and professional qualifications.
  • Keep your major achievements noted down in a notepad so that you can immediately tell the interviewer what you have achieved so far.
  • If you get the call when you are just about to leave for some important job then ask the interviewer to set the interview at some alternative time that is convenient for both you and for the interviewer.
  • Clear the room of any source of disturbance or noise. Switch off the stereo or television and close the doors and the windows to prevent any outside noise to distract you.
  • Consider using a landline to attend the interview-you don’t want your cell phone battery to run out just when the interviewer is asking your salary expectations!
  • Practice talking on the phone. It seems easy and fun to talk on the phone when you are gossiping with a friend, but it feels entirely different when you are being interviewed. Ask a friend to call you and make her/him ask questions that an interviewer is likely to ask.

So, now if you have prepared for the interview, let’s find out what you should and should not do during an interview.

  • Smile. If you smile during a phone interview, that smile reflects on your voice and tone.
  • Do not smoke, eat, drink or chew gum during the interview.
  • Keep a glass of water beside it just in case your mouth gets dry.
  • Address the interviewer by their last name with the appropriate title like Mr. or Ms.
  • Speak clearly and get your thoughts across to the interviewer. He/she is not a mind reader and would not know what you are thinking.

So, now you are prepared for a phone interview. Next time you get a phone call, it might just be your future employer calling you. So be ready as your job might just be a phone call away.

Making Your First Job A Success: Some Tips

So, your studies are over and you want to step into a new phase of your life, that is, into your first real job. What you have learned in your school or college will not apply in a company. Your first job will highly influence your future career prospects. There are different rules, principles and ethics that are applied in a professional work setting. There is a huge difference between being a student and an employee. In a company, you would not be spoon-fed like you were in a school or college. Here, you will have to be responsible for yourself and your actions. No one will spoon-feed you and tell you what to do. You should be well-aware of all your duties and responsibilities. We will provide you with some important pointers that will help you make a good impression on your employers and colleagues.

  • Listen And Discern- It is better to listen and observe quietly rather than voicing out your opinions without thinking through. If you don’t like the workings of your company, then it is better to just let it be. Your suggestions and opinions might get a negative reaction because you don’t know the correct workings of a company and your opinions might be considered interference. Listening to everyone and observing your work environment will help you learn.
  • Behave Maturely- Behaving in a college or school is very different from how you should behave in an office environment. Be on your best behavior in an office. There are several office ethics that you need to keep in mind. Talk politely with everyone and do not argue to prove a point.
  • Avoid Notorious Company- Stay away from troublemakers from work. Troublemakers are those who always try to create trouble between employees and later refuse to take responsibility for their actions. It is best to have a diplomatic relationship with such people as they can prove to be hindrances in your path to success.
  • Keep Yourself Informed- Though you should not participate in the office gossip, it is beneficial to keep a tab on what’s going around. Stay away from the gossip mongers, especially if you are new in the office, as it can greatly damage your reputation in the eyes of your seniors.

Keep in mind that in a company, your only friend is yourself. Keep your thoughts to yourself and listen to everyone and behave in a polite and diplomatic manner.

Target Success in Your Career and Job Search

Tired of searching for the ideal job that can provide complete job satisfaction and also pay handsomely? Or looking for a new job but not aware of the best way of getting it at the right place? Then, you need to evaluate your job search strategies and check out why they are not working out properly for you.

If you are ready to get started with your job search program then follow the provided building blocks that will help you in achieving your goal in the world of work.

Access the Hidden Job Market

Contact the employers even before they post requirement for an opening with them. Doing this is one of the critical factors of successful job search plan. You can use online tools for accessing the employer information and mail your resumes to the companies that match your requirement.

Respond to Job Postings on Different Media

Several job portals, newspaper, magazines, etc. are flourished with the number of job openings available in the job market. Make sure to search on the basis of multiple titles and spend some quality time in going through these mediums. Filter out companies according to your needs and send them your resume along with cover letter as early as possible.

Take Services of Recruitment Agencies

Undoubtedly, one of the best ways of searching for a suitable job is to take services of a reliable recruitment agency. Such agencies understand the requirement of both the job seeker as well as employer and they are packed with the vast data of employers. So, get yourself registered with one or two recruitment agencies for brightening your chances of getting your dream job.

Do Regular Practice for Interview

Making preparation in advance for the interview will relieve you from the last moment tension of revising frequently asked interview questions or selecting the right terms for negotiating salary, etc. Also, work on your confidence level and communication skills before you get scheduled for the interview of your dream job.

Manage Your Energy and Attitude

The most important building block for a right job search strategy is to maintain positive attitude and focused energy level. If you work on this, you can easily achieve the desired result. Doing fun and creative things can help you in manage your attitude as well as energy. Take care of your mind, body and soul because relaxing and enjoying will keep your spirits high.

Revaluate your job search process and its progress every month until you find the right job. With these simple building blocks, you will surely witness improvement in your job search results and will take you closer to your dreams.

Soft Skills And Their Importance In Your Career

There are two types of skills that an individual possesses- Hard Skills and Soft Skills. Hard skills are generally those special abilities and skills, which can be taught and are tangible. These skills can be measured and defined. Hard Skills would include typing, writing, calculating reading, the ability to use software programs and speaking a foreign language. Hard Skills can be taught to anyone by expert training but soft skills, on the other hand, are inherent and cannot be taught. Soft Skills are those group of personality traits, soft skills complement hard skills and they are both important for a successful career. Some of the most essential soft skills include:

  • Socializing
  • Teaching others
  • Motivating others
  • Problem solving
  • Decision making
  • Active listening and participating
  • Empathic communication
  • Foresee situations
  • Self-awareness
  • Proactive attitude

In some organizations, more emphasis is laid on the soft skills rather than hard skills or occupational skills. As occupational skills have to be taught, they do not contribute much to the growth of a business. Soft skills are inherent and more effective as they contribute to the emotional well-being of a company’s employees, which can lead to the growth of the company. Soft skills in an employee are very beneficial to both the individual employee and the organization. Let us discuss the various benefits of soft skills, both in terms of employees and organization.

Individual Benefits

  • Appreciation from industry, employer and colleagues
  • New employment opportunities
  • Lifelong credentials
  • Increased responsibilities
  • Promotions and appraisals
  • Renewed ability to perform on the job

Company Benefits

  • Increased customer satisfaction
  • Employees will be more productive
  • Strong teams and leadership
  • Improved relations with customers
  • Dedication to customer service
  • Improved results and growth of the company

As Soft skills help in the overall growth of an organization as well the employees, it is essential to hire people in whom soft skills are prominent as they are inherent and cannot be taught.

Tips for a Career Change

You might have hoped to climb the ladder of success in your career, but you realized soon that the profession you had chosen is not of your interest or perhaps you began loosing your interest. So, how do you deal with situation like these? Enlisted below are certain guidelines, which would be beneficial if you ever plan to go for a career change:

  • Many people make a decision to change their career due to some or the other reason. So, it’s important to realize what made you change your decision. Identify your likes, dislikes and then plan on which career or field excites you more.
  • Once you have identified your likes and dislikes, take some time out to research on different careers that would interest you. Next, apply the skills that you possess like ability to communicate well, leadership quality into your new career too.
  • If possible take training or join some course to sharpen your skills and broaden your knowledge on the chosen field.
  • Another important factor to a successful career is your networking ability. People in your network could provide you with information about a particular organization, about the work set-up and environment. He/she may introduce you to other people who could help and guide you in your career, which further could help to expand your network. So, it’s important to maintain good contacts with everyone you come across.
  • Experience always counts. So,if you have chosen an entirely different field, don’t hesitate to do an internship or a part time part job, if required. It will definitely help you to gain experience in your field.
  • Once you are sure in which field you wish to make you career, next step is to start hunting for a job. You can float in your resumes in various companies online by visiting their website or by just contacting them.
  • Since, you have given entirely a new direction to your career, be flexible in terms of salary or your job position. Don’t let yourself get affected by some trivial issues in the company.

Changing a career is one of the most important decisions of your life. So, keep the above-mentioned points in mind to excel in your new field.

Styles of Leadership

Every organization has various specialized teams to carry out the particular work assigned to them. But, every team needs a leader who can help the team member’s work towards the achievement of the organization’s goals. Moreover, also encourage and motivate them on continuous basis, which helps them to do well and give 100 % dedication to their work. Are you thinking which leadership style would you choose to lead a team? Read ahead to know various leadership styles and how you plan to head your team…

  • Bureaucratic leadership
    Bureaucratic leaders stringently follow all the rules and the regulations of the organization and make sure that the staff also adheres to these rules. More formal, business like attitude is expected between the employer and the employees. This style of leadership is very effective when the staff has to work with toxic and harmful substances, hazardous machines or at dangerous heights. But, too much of rules can hamper the employees creativity and lead to a barrier in the communication.
  • Charismatic leadership
    Charismatic leaders are those who grill a lot of positivity and enthusiasm in the team. They play an instrumental role in encouraging and motivating the team members in order to deliver their best to the team. They instill a lot of confidence in their team members. Moreover, they carry a lot of responsibility on their shoulders and are directly responsible for the success of their team.
  • Autocratic leadership
    In Autocratic leadership, leaders seem to have full control and power over their team members. There is no scope of any input or suggestions from any of the team members. Hence, this lowers down the self-confidence of the team members and also results in high staff turnover and high level of absenteeism. This type of leadership is sure to make employees tense, resentful and fearful. But, it assures quick and fast decision making.
  • Laissez-faire leadership
    The Laissez-fair leadership gives full freedom to the employees to work in their style. This type of leadership can be effective when you are expected to take certain creative decisions. But, this style is most apt to use when the employees are highly skilled and well-experienced.
  • Democratic leadership or participative leadership
    In democratic leadership, leaders before taking the final decision consult all the members of the teams. They welcome feedback on any of their major issues or decisions. Hence, it increases job satisfaction among the employees and motivate them to work hard for the team and deliver good results. But, this kind of leadership can consume ample time in making decisions as participation of all the team members is involved.

After having an idea of the leadership styles, its time for you to choose as to how you would like to lead your team and get best results from your team members.

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Writing Appropriate Career Objective

Every person has certain aims, ambitions and objectives in life. What is important is to communicate your objectives through your resume to the recruiters as well. The career objective is the most prominent and highlighting part of the Curriculum Vitae (CV) or a resume. Hence, it is necessary that the career objective written in the resume should impress your prospective employer at first glance. Read ahead to know how you can write an effective career objective…

Career objective should always be listed in the resume otherwise it is bound to leave a bad impression on the employers of the company. It makes them believe that either you are confused of what you want to do in life, or you do not have sufficient knowledge of the professional work set-up.

Things to know before you start to write your career objective:

  • First thing to know is that the paragraph on the career objective is either at the start or at the end of the resume.
  • It is essential to remember that your career objective should highlight the position that you have applied for in the company.
  • Next, it should also bring forth your skills, accomplishments, what you expect from the company and your career plans.

Writing part….

Here, are certain tips that will surely help you while writing your career objective:

  • Be honest and truthful in your writing. Don’t unnecessarily boast about skills that you do not have.
  • Clearly state your career goal
  • Keep it precise and to the point
  • Career objectives should not be too long as it is expected to bore and tire the readers
  • Keep your career objective practical as well as logical and not over-ambitious
  • Focus on your expectations from the company

If your career objective is in line with what the company demands, then it is sure to attract the attention of the recruiter and brighten up the chances of your entry in the company. Also, it will further help in the creation of a healthy working atmosphere. So, don’t forget to keep these tips in mind while you frame your career objective.

Managing Your Emotions While At Work

Stressful atmosphere is quite common at work place. In personal life, if you are angry or frustrated with certain things, you easily vent out your anger and frustration on near and dear ones. But if you face situations like these in your office, obviously your reaction won’t be the same. At professional front, the code of conduct differs. If you want to know how you can manage your emotions while at work then simply read ahead..

The common emotions experienced by most of the people at their workplace are:

  • Anger
  • Nervousness
  • Frustration
  • Dislike for another colleague
  • Emotional outburst

It is important to have control over your emotions so that it does not lower down your self confidence and harm your professional reputation. If you are able to control your emotions your battle of a successful career is half won. Here are certain tips to help you control your emotions at the workplace:

Always keep in mind that you have entered a professional field where everything doesn’t work your way. You need to adjust with your colleagues and the entire work set-up.

Find some positive aspects about a particular situation that disturbs you and it will surely bring a smile on your face.

If you constantly keep worrying about the fact that you will be fired from your job, it won’t help at all. Instead of wasting time on all these silly issues, think on how you can improve and deliver good results.

If a colleague bothers you a lot or is unprofessional in his/her attitude, you are expected not to behave in the same way. Treat that person with respect and calmly tell him/her that you refuse to be treated that way.

Write down your concerns or worries in a notebook. Then, take some time out and reflect upon it, on how you can manage and avoid such situations.

Next, if something makes you nervous, try deep breathing exercise for few minutes.

Lastly, always remember God gives every individual immense strength and courage to face different situations in life.

The tips mentioned above may sound too simple but it is bound to take a lot of time before you actually start practicing them. So, try these tips out; it will certainly help you to ease out your work stress and have control over your emotions.

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