Rahul Karthikeyan

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Summary: In this article, you will learn about the top 10 highest-paying IT certifications in India. Take a glimpse below. Business Intelligence (BI) Big Data and Data Science Project Management Web Development Software Development DevOps Blockchain  Cloud Computing Cybersecurity Machine Learning & Artificial Intelligence Read the complete article to know more in detail. Nearly 75% of the global digital talent is in India, making the country a hub for IT services. The core competencies and strengths of the workforce have also attracted significant FDI inflows. From the industry perspective, leading tech firms are accelerating their R&D efforts and innovation to create differentiated offerings. And major government initiatives are providing a much-needed impetus to the industry. Check out our free courses to get an edge over the competition. Therefore, the demand for skilled professionals and specialists is on the rise. In this article, we will be discussing some of the top-paying IT certifications that can help you build a competitive profile with the desired aptitude. IT field is rising because of its applied significance in the industry as it is projected to grow to US$ 19.93 billion by 2025 IT is not restricted to only one domain where the employment seems to be crowded rather it has multiple sub-domains under it where each sub-domain is serving an important purpose to solve the business problems, some of the sub-domains are mentioned below. Digital transformation can be said to be the reason behind the IT sector’s growth. The world was going digital at its own pace but after the pandemic, there was a sudden shift of operations to digital. With this came the need to digitally operate the tasks smoothly and as a result, various new jobs in IT were created. It sector would continue to be growing as the businesses are now evolving because of artificial intelligence and as the organisations grow they seek to achieve automation, more data handling, insights for business decision making, etc. The professionals are bestowed with the responsibility of handling these important tasks and that’s another reason why the IT sector is growing.  The IT industry has various advantages that it serves, such as- Accuracy Time efficient Cost efficient Faster decision making Security enhancement Flexibility Profitability Enhanced productivity Real-time Data An accredited certification program can prove immensely useful if you contemplate a career transition or simply want to stand out in the competitive job market. It is a recognition of your technical competency and professional commitment. You can also consider doing our Management Essentials Bootcamp if you are interested. Learners receive an average Salary hike of 58% with the highest being up to 400%. Best IT Certifications in 2023 1. Business Intelligence (BI) The significance of BI in making data-driven decisions is growing across industries in today’s technology-led environment. Modern workplaces have an increasing demand for skilled personnel who can handle analysis and data modeling. These tasks involve working with central warehouses and databases and extracting data for reporting, among other purposes.  With a BI certification, IT professionals can fine-tune their skills in data planning, metadata systems development, ERP, systems analysis, programming, and technology management. Typically, the credential demonstrates one’s competency in data management, building dashboards (using relational data and uploaded files), and managing advanced reports. Some of the prominent options include: Microsoft BI IBM Cognos Analytics Tableau Training and Certification SAS Certification Informatica ETL Certification Aspirants who wish to master Business Intelligence can take up short-term certification courses like the Business Analytics Certification Program. This program covers topics like Predictive Modelling and Statistics & Optimisation, along with case studies and projects, to help students build real-world skills. Such certifications prepare you for roles like Business Analyst, Data Analyst, and other senior-level management roles in a company. BI is growing as the volume of data the organisations are dealing with on a day-to-day basis. This data needs to be documented and interpreted well in order for the organsiation to grow. To analyse this data in order to make effective decisions that are good for the business, it is important for the organisations to have those professionals who have the knack for business intelligence. As these BI professionals through their accurate and quick interpretations help the organisations to achieve profitability as well as move to smarter decisions. The Business Intelligence skill has a process of functioning, one needs to polish these skills in order to be good at it. Some of those skills are depicted below- Business Intelligence is a high-paying career, which is reflected in the competitive salary it pays. The salary ranges from 2.5 LPA to 28.3 LPA and the average salary is 8.0 LPA. With the increasing experience, the salary grows and the constant upskilling is definitely the major driving factor behind it as well. That is why it is highly recommended to invest the time into top paying IT certifications. 2. Big Data and Data Science The curriculum of big data certifications emphasizes on building the candidates’ foundational knowledge in the following areas: Overview of data science Mathematical and statistical applications (such as Python and R) Data visualization and using predictive analytics Techniques of classification, clustering, regression, evaluation, anomaly detection, and many others Big data analytics using Hadoop, Spark, Hive, Impala, etc.  upGrad has three excellent data science certification programs – PG Certification in Data Science, PG Diploma in Data Science, and Master of Data Science. These certifications range from 7 – 18 months, encompassing topics like Python Programming, Predictive Analytics, Machine Learning, Data Visualization, Basic & Advanced SQL, Basic & Advanced Machine Learning Algorithms, and Big Data Analytics.  After completing such certifications, you’ll be eligible for roles like Data Scientist, ML Engineer, Data Analyst, Product Analyst, Business Analyst, Data Engineer, Product Analyst, and Machine Learning Engineer. Big Data and Data Science are in demand field because of their significance in the growing industry. Companies today use big data in order to improve their businesses such as to provide better customer experience, and operations, personalise the products, target the customers through marketing campaigns, etc. These actions need to be performed in a quicker manner in order to deliver the results on a real-time basis. Similarly, Data Science is also in huge demand due to the capability it gives businesses to analyse and track the data. Data is the new oil and it begins from one click to the huge sets of data that companies require to track, analsye, and serve their customers. Both Data Science and Big Data Analytics are high-paying careers. The average salary of a data scientist is 10.5 LPA 3. Project Management The project management scope includes strategic design, project planning, budget management, program implementation, and reporting. Since project management is a crucial component of the business infrastructure, project management certifications have become a popular choice, both among students and professionals. Project management courses like PG Program in Management and Job Linked Management Program with PGP teach students concepts like Business Growth Strategies, Marketing Strategies, Leadership, Structured Thinking, Problem Solving, Interpersonal and Communication Skills, Strategic Thinking, and Time Management and Project Management Skills.  Usually, such courses offer integrated learning options through live projects, case studies, and industry-partnered content. IT professionals can sign up for a project management certification to advance their careers. Here are some examples of potential job titles: Associate Project Manager Certified Project Manager Certified Project Director Agile Certified Practitioner Many Project Leads to working in the IT industry also take up certification in product management. These courses typically cover the technicalities of product planning, market research, product development, and user design. If you want to occupy positions like Product Head and Product Marketing Manager, you can look at this option. like Product Head and Product Marketing Manager, you can look at this option. The project manager is an upcoming field, which is a chance to get a fat paycheck in tech fields for people coming from a non-tech background. There are certain advantages to project management, such as- Timeline management Budget management Stakeholders satisfaction Risk Management Quality Control Resource Allocations Documentation 4. Web Development If you want to become a web developer or designer, you would need to be well-versed in HTML, CSS, and JS. You can master these languages with the help of online tutorials and pursue online courses to differentiate your candidature for specific job posts. Adobe, Google, Zend, and Microsoft have individual certified tracks for web developers, PHP engineers, and solutions developers.  Besides development and design, some web development certifications focus on Angular and React training, which entails creating dynamic web pages and UI components.  Web development courses like PGC in Full Stack Development and PG Diploma in Full Stack Development are two fantastic options for people who wish to master web development. These courses teach candidates to build robust and scalable websites, back-end APIs, and rich and interactive Web UIs. Students also learn about Data Structures and Algorithms, Java programming best practices, HTML, CSS, Javascript, Object-Oriented Analysis & Design, Object-Oriented Programming, Design Principles, SQL, Oracle, Test-Driven Development, and DOM Manipulation, to name a few. What’s best is that candidates get placement opportunities and job interviews with reputed companies! Web development is one of the highest-paying careers in the IT world. The Bureau of Labour Statistics has projected the web development industry to grow by 8% from 2019-2029 (Source). There are various types of web applications some of them are mentioned below- E-commerce Apps Content Management or CMS Web App Portal Web Apps There are big giant companies that recruit web developers such as TCS, Accenture, Wipro, IBM, etc. There is a reason why web development is considered one of the highest paying IT certifications. 5. Software Development IT professionals looking to enter software development careers should not overlook the importance of having programming dexterity. Some examples of popular and in-demand programming languages are Python, Java, C#, R, SAS, Scala, Swift, JavaScript, and TypeScript. Having professional certifications in multiple programming languages can help you showcase your preparedness for: Writing efficient computer programs, and Building high-quality mobile and web applications.  upGrad offers a Advanced Certificate Programme in Big Data from IIIT Bangalore.with a special focus on Big Data. Needless to say, this course is extremely relevant to the modern data-driven industry. Data Processing, Data Warehousing, Real-time Processing, Big Data Processing on the Cloud, and Big Data Analytics, are some of the areas covered in this comprehensive course. By completing this course, you’ll be ready to take on roles like Big Data Engineer, Big Data Architect, and Big Data Analyst.  The Software Development market is expected to grow to 21% by 2028 . Today the software industry has become an indispensable resource as software is required in every field today and this amounts to software development becoming high-paying and in demand. Software development is important because it helps in testing, developing, maintaining, fixing, and securing the applications.  There is no shortage of big companies recruiting the software developers, such as LinkedIn, Google, Indeed, etc. A software developer gets a good paycheck, the average salary of a software developer is 5.0 LPA and the salary ranges from 2.2 LPA to 12.5 LPA. The developers get more than that as well but there are various contributing factors to it such as their experience, skillsets, projects are undertaken, and upskilling history.  Also visit upGrad’s Degree Counselling page for all undergraduate and postgraduate programs. 6. DevOps DevOps involves going beyond the traditional practices of software development and infrastructure management. It is concerned with delivering applications and services in a fast-paced setup, thus responding to the demands of the evolving world of tech. Here is a snapshot of the takeaways from a standard DevOps certification: Agile methodology (for integration and deployment of applications) Creation of the Software Development Life Cycle of SDLC SDLC as a process CI/CD pipeline for automating software delivery Additionally, DevOps comprises multiple tools like Jenkins, Puppet, Docker, Kubernetes, and Chef. So, beginners can opt for distinctive certifications, such as Jenkins Engineer, Puppet System Administrator, Chef Developer, and so on.  Graduates from Engineering and Computer Science background can opt for PG Diploma in Software Development (DevOps specialization). The course guarantees job interviews and exclusive access to upGrad’s Data Science & Machine Learning content, completely free! Students get to learn about Agile Methodology for Integration & Deployment, Software Lifecycle, SDLC Processes, and CICD Pipeline. Candidates are encouraged to work with more than ten programming languages and tools. On completion, they receive the status of IIIT-B Alumni.  DevOps market is expected to US$ 37,227 million dollar by 2030.  DevOps facilitates organisations and delivers high-quality products at a faster pace. It is important to the business environment in today’s age as it provides an environment filled with easy collaboration, faster communication, and integration among the IT teams across the geographies. Big companies like Netflix, Google, Amazon, Flipkart, etc have a robust DevOps ecosystem. DevOps is considered to be a high-paying career where the average salary of a DevOps Engineer is 6.0 LPA and the salary ranges from the4.2 LPA to 12.2 LPA. The engineers do get higher salaries than this as well owing to their experience, skills, and upskilling. 7. Blockchain  A Blockchain certification coursework aims to equip tech practitioners with a basic understanding of Blockchain technology, how it functions, and what are its core concepts. Although Blockchain is a relatively new technology, the demand for skilled Blockchain experts is at an all-time high in the present industry. Short-term certification courses like PG Certificate in Blockchain Technology and Executive Program in Blockchain Technology Management are great for both students and working professionals. Whether you are a fresh engineering graduate or already working in a tech company, you can enroll in a certification program to validate your network administration skills.  These courses teach you how to approach real-world business problems by thinking like a Blockchain Consultant. You will learn how to use Blockchain tools like Ethereum, Hyperledger, Fabric, Composer, Advance JavaScript, and NodeJS. Also, you will learn how to develop Smart Contracts.  Blockchain is a highly demanded field where the industry is expected to grow to 163.83 billion by 2029. The reason why the blockchain is in demand is that it gives users to do transactions that are secure and are used for other purposes as well. The industry demand for blockchain developers is BFSI, Healthcare, SCM, etc. Majorly its scope is in the cybersecurity sector to keep the space safe The encryption of data in the blockchain is done through cryptography which eliminates the chances of unauthorized access and malfunctions.  It is a high-paying field where the average salary of a blockchain developer is 6.5 LPA and the salary ranges from 2.3 LPA to 20.9 LPA. The developers get a salary more than this as well which owes to the developers’ experience, skillset, and upskilling history. 8. Cloud Computing Training in cloud computing stresses on building expertise in Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, etc. upGrad’s PG Diploma with specialization in Cloud Computing is a great choice for IT Professionals, Project Leads/Managers, Data Professionals, and Software Developers. The course that spans for 12 months teaches on matters like Cloud Infrastructure, Services, and Business, Virtualization, Virtual Machines, Microservices, Cloud-Native Applications, and much more. Apart from this, the course includes real-world projects and assignments.  The common thread of all cloud computing certification programs is cloud development skills. You would generally learn about cloud infrastructure and services in postgraduate level courses, virtual machines, microservices, and non-native applications. With this knowledge, you can qualify for the posts given below. Cloud Engineer Cloud Architect Cloud Software Developer Cloud Administrator Cloud Computing is expected to grow to USD 791.48 billion in 2028 (Source). With organisations taking the online route, the need to have robust software has become a necessity. Cloud computing has made the response time for companies quicker and more accurate. With the rising trends and growing market, the companies need to respond to the trends quickly to keep up with the market trends. And cloud computing integrates these resources which are available in the span of a few minutes. It is reliable, cost-effective, budget-friendly, and provides efficient storage of data. It is a high-paying career that provides the cloud engineer with an average salary of 5.4 LPA and the salary ranges between 3.0 LPA to 12.8 LPA. The engineers could get more salary than what is mentioned owing to their experience and upskilling history. 9. Cybersecurity A cybersecurity certification can supplement your resume’s qualifications with specialized learning in subjects like cryptography, computer networks, and application security. The PG Diploma with specialization in Cybersecurity is a 12-month course that focuses on Application Security, Data Secrecy, Cryptography, Network Security, and other cybersecurity-related concepts and skills. This is an ideal certification for candidates who aspire to be Cybersecurity Expert or Cybersecurity Engineer.  Software developers, tech managers, testing, and coding professionals find this course of study relevant to their line of work. Those interested in becoming cybersecurity experts or cybersecurity engineers can also earn credentials like CISSP, CISM, CEH, CISA.  The cybersecurity market is expected to grow to 376.32 billion by 2029. With the advent of the online movement of organisations, the need to protect the data become pertinent. The digital infrastructure of the companies needs to be protected from unauthorised access and security. Cybersecurity is not only important for businesses but also of major importance for the nation as well. Data of all sorts need to be protected from theft and misuse. To protect the data, there is a need for professionals who are skilled in cybersecurity. This domain is important globally and is continuously growing. 10. Machine Learning & Artificial Intelligence Leading tech advisory firm Gartner claims that data analytics combined with AI will be paramount in the aftermath of COVID-19. Proactive prediction, preparation, and response to sudden outbreaks and disasters would require the best technological applications. But currently, there is a shortage of talent in the ML and AI space. So, getting a hands-on experience of these concepts can help you accelerate your career.  Advanced certifications are well-suited for professionals having acquaintance with any programming language. upGrad’s PG Diploma in Machine learning and AI and Master of Science in Machine Learning and AI are two such certification courses that can help you master ML and AI concepts. The course curriculum includes a mix of theoretical and practical topics such as Statistics and Exploratory Data Analytics, Machine Learning, Deep Learning, Reinforcement Learning, Natural Language Processing. Students will also work on Deployment and Capstone projects. Since they’ll learn from the leading instructors and industry experts, they’ll be equipped to enter the real-world right after course completion. In addition to this, upGrad also offers a coveted certification from the world-renowned IIT Delhi through its Advanced Certificate Programme in Machine Learning spanning 7 months. By dedicating 4 to 6 six hours per week for 30 weeks, students can develop a strong understanding of ML and data mining models and leverage the knowledge to solve real-world problems through useful data insights. In this self-paced learning environment, you interact with top ML faculties from IITD who are committed to providing you a meaningful learning experience. The course covers core data science subjects like Unsupervised Learning, Supervised Learning, Large Scale Machine Learning, Querying and Indexing, Data Streams, and Introduction to Deep Learning. There are also 3 assignments built into the course for hands-on experience in implementing ML algorithms and concepts. The Artificial Intelligence market is expected to grow at a compound annual growth rate (CAGR) of 38.1% from 2022 to 2030 (Source).AI and ML are useful for mostly every field such as healthcare, BFSI, marketing, etc. It brings precision, accuracy, and productivity to the industry. With the big data becomes the need to lessen the scope of inaccuracy and this is also where the AI/ ML is helpful as it increases the automation in the operations. In the data-driven models, the AI and ML algorithms quickly analyse the data at a large scale bringing effective results. This is a high-paying industry, as the ML Engineer procures a salary of 7.3 LPA on average, and the salary ranges between 3.5 LPA to 21.1 LPA. With more scope for upskilling one can increase their salary bracket faster.  Check out the IIT Delhi courses.  Why should you consider IT certifications in the year 2023? In today’s rapidly evolving technological landscape, doing top IT courses in India has become a valuable and strategic step for professionals seeking to advance their careers and stay relevant. These certifications prove your skills, knowledge, and commitment to continuous learning. Here are several compelling reasons why you should consider pursuing top IT courses in India. 1. Validation of Expertise Best it courses in India provide third-party validation of your skills and expertise in specific technologies, platforms, or methodologies. They demonstrate to employers and clients that you possess the necessary knowledge to excel. 2. Career Advancement Many organizations require or prefer candidates with relevant certifications when filling advanced positions. These certifications can open doors to promotions, higher salaries, and increased responsibilities, enabling you to climb the career ladder more swiftly. 3. Industry Recognition Certifications are often recognized and respected within the industry. They showcase your dedication to staying current with industry trends and best practices, boosting your professional reputation. 4. Competitive Edge In a competitive job market, certifications can give you an edge over other candidates who lack them. They provide a clear differentiator that can help your resume stand out. 5. Skill Enhancement Preparing for and obtaining certifications requires in-depth studying and practical experience. This process deepens your understanding of the subject matter and enhances your skills, making you more proficient. 6. Adaptation to Technological Changes It is a rapidly evolving field with new technologies emerging frequently. Certifications require you to stay up-to-date with the latest developments, ensuring your skills remain relevant and applicable. 7. Global Recognition Many top IT courses in India are recognized internationally, making them valuable if you want to work in different countries or collaborate on global projects. 8. Client Confidence For consultants or freelancers, certifications can instill confidence in clients. They can be reassured that you possess the required knowledge to deliver high-quality work. 9. Structured Learning Path Many certification programs offer a structured curriculum that guides your learning journey. This can be especially helpful if you want to learn systematically and comprehensively. 10. Networking Opportunities Certification programs often have associated communities, forums, and events where you can connect with fellow professionals, share insights, and learn from others’ experiences. 11. Resume Enhancement Certifications can significantly bolster your resume, showcasing your professional growth and development commitment. This can be particularly beneficial for those transitioning into the IT field from other industries. 12. Employer Investment In many cases, employers are willing to sponsor or reimburse the cost of certifications. This underscores their commitment to employee development and can reduce your financial burden. 13. Higher Earning Potential According to various studies, certified professionals earn higher salaries than their non-certified counterparts. This increase in earning potential can make the certification investment well worth it. 14. Specialization Best it courses in India often allow you to specialize in areas such as Cybersecurity, cloud computing, data analytics, and more. This specialization can lead to niche roles and exciting opportunities. 15. Personal Fulfillment Acquiring certifications can be personally fulfilling. It’s a tangible achievement representing your dedication to mastering a particular technology or skill set. IT certifications benefit your professional growth, marketability, and long-term success. They validate your skills, provide a competitive edge, and keep you current in an ever-changing field. By investing in certifications, you invest in yourself, positioning yourself as a knowledgeable and valuable asset within the IT industry. Essential IT Skills to Master in 2023 A report by the Ministry of Electronics & IT and McKinsey projects India’s digital economy to reach USD one trillion by 2025. On the services front of the economy, the IT sector is also one of the largest contributors to export. According to NASSCOM, the industry is experiencing year-on-year growth of about 7 percent.  Moreover, the tech industry currently employs a significant chunk of the country’s workforce and is expected to add more jobs in the coming years. Some global IT giants like HCL, Cisco, Accenture, IBM, and TCS hire certified professionals for various prestigious tech roles.  Here are some of the standard requirements of these careers: Python Mobile development UX design Amazon web services Virtual reality Internet of Things (IoT) Analytical reasoning Business analysis Artificial intelligence Blockchain Organizational and communication skills With this, we come to an end of our discussion on the best IT certifications 2023. Each one of these courses is an excellent learning option for beginners and working professionals. Happy learning!  Our Top Management Programs & Articles Product Management Certification Program from Duke CE Leadership and Management in New-Age Business from Wharton Online Top 4 Functions of Management Process Explained Leadership and Management in New-Age Business from Wharton PG Program in Management from IMT 5 Key Skills Required for Successful Management Career & How To Achieve Those Skills? 8 Crucial Business Management Skills Every Manager Should Have Why Should You Consider Product Management as a Career Option? Top 7 Career Options in Management To Choose [For Freshers & Experienced]

Summary In this article, you will learn about the 12 Best Career Options after M.Com. Take a glimpse below. Enrol in an MBA Program Become a Chartered Accountant Consider doing the ACCA course Pursue Company Secretaryship Earn the CMA credential Complete the CFA course Obtain a CPA license Become an FRM-certified professional Crack the CFP exam Get into digital marketing Get CIB certified Pursue a career in teaching and research Read the full article to know more details like Salary Range, career scope etc. What to do after M.Com? How many of you wonder which are all the best career options after M.Com? Master of Commerce (MCom) is a popular two-year postgraduate degree offered by several recognized universities in India. Its curriculum is a level up from the concepts that you learn about in a BCom program. Typically, students opt for an MCom qualification to delve deeper into the professional spheres of accounting, taxation, banking, finance, and insurance. But choosing a career path from a variety of alternatives without any guidance can prove tricky. It is not easy to find high paying jobs for M.Com graduates if one has not chosen the right courses after M.Com. One has to know the list of all job opportunities after M.Com to select the right one. You can also check out our free courses offered by upGrad in Management, Data Science, Machine Learning, Digital Marketing, and Technology.  Learners receive an average Salary hike of 58% with the highest being up to 400%. If you, too, are a young graduate and wondering what jobs to do after M.Com, this article is for you. As a commerce student, you get exposure to a plethora of business and management-related subjects. So, you would have gained the foundational knowledge upon which you can build a dynamic career. We have compiled a list of prospective work lines below that you can explore after attaining an MCom degree.  Enrol on digital marketing programs and dive into the digital era. Career Options After MCom Below is a list of some great courses after M.Com job opportunities which you can choose. 1. Enroll in an MBA Program MBA is the most popular course available for students & one of the best courses after M.Com, not just graduating from commerce but any other field. An MBA degree finds a place among the most preferred options among candidates who want to qualify for managerial positions and advance their careers. While studying MCom, you learn about business, economics, stock markets, accountancy, among other things. But when you pursue higher education in business administration, you also learn how to apply your technical know-how to solve problems and help organizations grow.  Check out our programs  – MBA from Golden Gate University, MBA from Deakin Business School & Post Graduate Diploma in Management From BIMTECH Most MBA programs follow a case study pedagogy to equip students with the critical thinking and decision-making capabilities. Nowadays, leading academic institutions are offering Global MBA degrees online on platforms like upGrad. These are accredited courses that allow you to continue your academic pursuits and get mentored by industry experts in a flexible learning environment. Additionally, you can specialize in a particular field such as business analytics, digital finance, and banking, etc.  According to payscale, the average salary of MBA graduates is 7.2 LPA in India. List of popular companies for MBA graduates: Source Read: 14 Best Career Options after B.Com: What to do After B.Com? 2. Become a Chartered Accountant Chartered Accountancy or CA has proven to be one of the top-most career options after MCom. You are eligible to take the exam right after high school, but it demands dedicated preparation. After qualifying the three stages of CPT, IPCC, and Finals, you will need to complete an articleship of 2.5 years to practice professionally. Many talented CA graduates find employment in the ‘Big 4’ accounting firms—namely Deloitte, KPMG, EY, and PwC—earning an average annual salary of INR 8 lakh. CA is one of the best courses after M.Com for getting good jobs and salaries. Average salary of CA graduates is Rs. 7.9 LPA in India Top employers for CA graduates: Source 3. Consider doing the ACCA course If you wish to work in accounting and finance, you can also consider pursuing the ACCA Course (Chartered Certified Accountant) qualification provided by the Association of Chartered Certified Accountants (ACCA) institute. The two-year course is highly valued in multinational corporations. But before you become an official ACCA member, you will also need to complete three years in a practical setting. The minimum eligibility is a 10+2 educational qualification with at least a 65% aggregate score in Math, Accounts, and English and 50% in other subjects. So, many students from the commerce stream enroll in the program during their undergraduate studies only. But even if you are an MCom student, your sound understanding of accounting concepts will help you in clearing the exams. ACCA is one of the most preferred courses after M.Com. Multinational companies have a high demand for the graduates of this course and pay a salary ranging from 5 to 16 lakhs. Top companies hiring ACCA Source 4. Pursue Company Secretaryship If you are wondering what to do after M.com for good job opportunities, Company Secretary (CS) is one of the many pivotal job roles in an organization. A Company Secretary (CS) looks after the legal compliance and regulatory requirements of public and private sector companies. The three stages of the CS course include a Foundation, Executive, and Professional. The candidates also have to undergo 15 months of practical training, after which they become an Associate CS and earn an ICSI membership. ICSI refers to the Institute of Company Secretaries of India, which is the only recognized body providing the CS course in the country, boasting of more than 62,000 members.  The salary range of CS in India ranges between Rs 4 – 10 LPA. According to PayScale the average salary of CS is Rs. 5.8 LPA. Source Also Read: Career Options For Commerce Students 5. Earn the CMA credential Certified Management Accountant (CMA) is a professional course requiring aspirants to complete two stages of examination and gain two years of work experience. This prestigious credential is offered by the IMA, an association based in the United States, and enjoys global recognition which made this one of the best courses after M.Com. CMA-certified individuals are acknowledged for their expertise in two core areas – management accounting and financial management. They are expected to be knowledgeable in financial analysis, planning, control, and decision support. You will find that corporate recruiters prefer hiring CMA holders for such profiles. CMA is one of the preferred courses after M.Com. Average salary of CMA is Rs. 8.1 LPA in India List of top employers for CPA Source Also read: Career options in science after graduation 6. Complete the CFA course CFA is one of the best courses after MCom. CFA stands for the Chartered Financial Analyst program. Offered by the US-based CFA institute, it presents a great doorway into the world of investment and finance. The program covers topics related to financial analysis, bonds and derivatives, portfolio and investment management, etc. Once you are through with the three tiers of CFA, you can be hired by some of the top global financial firms, such as Goldman Sachs, JP Morgan, Royal Bank of Canada, and Morgan Stanley.  Also, Check out online degree programs at upGrad. To be eligible to take the Level-I exam, you should be in the final year of your undergraduate degree. Although the duration of the course is 2.5 years, it takes an average of four years to attain the tag of a CFA Charter.  Average salary of Chartered Financial Analyst is Rs. 6.6 LPA How the city you work affects your pay: Source Checkout: Highest Paying Commerce Jobs in India 7. Obtain a CPA license One of the most prevalent career options after M.Com is the Certified Public Accountants certification. CPAs attain their designation from the American Institute of CPAs or AICPA. Individuals who possess a CPA license have an in-depth understanding of the Generally Accepted Accounting Principles (GAAP) and a robust accounting background. To acquire the certification, you will have to take a rigorous four-part exam.  Now, let us understand what CPAs do in a company. Basically, they perform the financial statements auditing and attestation functions, helping investors know about the financial health of a firm. They also provide taxation and financial planning advice to individuals and organizations.  The average salary of CPAs in India is Rs. 6.9 LPA. Source 8. Become an FRM certified professional Still, need options for jobs after M.Com with a good salary? Risk Management is a thriving industry in today’s dynamic financial market. FRM is an excellent option for those looking for short-term courses. To earn the designation, you have to undergo a nine-month program facilitated by the Global Association of Risk Professionals or GARP. The examinations are conducted in two rounds, in May and November. An FRM certification is an indicator of your ability to identify and analyze potential financial threats. As a financial risk manager, you can offer your services in diverse domains like credit and market risk, financial services, trading, sales and marketing. Payscale assesses the average salary of FRM professionals to be between 10 to 18 lakh per annum. After completing this course, your average salary range will be anywhere between Rs 10 – 18 LPA in India. Top employers for Risk Manager in India Source 9. Crack the CFP exam One of the most popular career options after M.Com is doing CFP course. CFP is another short-term course that can help you find avenues in the finance and insurance sectors. Although the course duration is six months, you need to perform well in other parameters to practice as a Certified Financial Planner. These requirements include your educational performance, demonstrated work experience, and professional ethics. With a CFP certification, you can take up assignments in tax planning, insurance decisions, estate planning, investment management, retirement, etc.  Average salary of certified financial planners is Rs. 3.9 LPA in India How it increases with years of experience: Source 10. Get into digital marketing For all the students who are wondering what to do after Mcom, If you are not interested in working in the realm of finance and accounting, deciding what to do after MCom can be challenging. It comes as no surprise that many commerce students choose creative occupations as well. One of these innovative pursuits includes digital marketing. It is a component of marketing that uses digital technologies to promote products and services. Modern-day businesses cannot neglect the power of the internet, and thus, this field has gained immense popularity in recent years.  Digital Marketing Free courses to Learn Influencer marketing free course Introduction to advertising free course Influencer marketing right free course SEO basics free course SEM basics free course Email marketing free course Social media marketing introduction free course How to leverage user generated content free course Content marketing free course Fundamentals of marketing free course Brand marketing masterclass free course Also read, Career options in medical for non-commerce students There are numerous digital marketing courses in the market, with their duration varying between 3 months and 11 months. The coursework emphasizes teaching topics like Search Engine Optimization (SEO), Pay Per Click (PPC), content marketing, social media management, marketing analytics, digital branding, etc. You can check out the online PG certification in digital marketing and communication by reputed institutes like MICA on upGrad.  Knowledge of digital marketing can lead to a highly promising career in the current work environment where everyone, from corporate bigwigs to ad agencies and startups, is on the lookout for digital marketers and managers. According to Payscale, a digital marketing professional in India can earn a starting salary of around INR 5 lakh per annum. And digital marketing managers can get paid as high as 15 lakh per annum, depending on their job profile. Check out digital marketing jobs. How your pay increases with years of experience: Source 11. Get CIB certified CIB is short for Certificate in Investment Banking, a six-month course for graduates who want to raise capital for companies by selling equity and issuing debt. It is a globally recognized examination that tests whether you can employ systematic and strategic methods to establish the valuation of listed and unlisted companies. Determining the right valuation forms a crucial part of investment decisions relating to Initial Public Offerings, mergers, acquisitions, and other corporate actions.  You can go for the CIB course right after your BCom. But having an MCom degree will make it easier for you to grasp the coursework, which contains themes of asset management, equity research, hedge funds, corporate finance strategy, and private wealth management. Payscale estimates an investment banking career can get you an average annual salary of INR 9.6 lakh in India.  12. Pursue a career in teaching and research If Business and Commerce interest you as academic disciplines, you can even enter the research field. A doctorate or Doctor of Philosophy (Ph.D.) is awarded in majors like Finance, Statistics, Operations Research, Organizational Behavior, Human Resource Management, and many others. You can also look for a suitable program of study abroad provided that it meets your research interests. It is one of the best career options after MCom. If you want to gain skills into various facets of business and trade through research, embarking on a PhD journey in one of these fields could be a desirable path. To initiate this journey, look for a suitable international research program aligned with your interests could be a fantastic initial step to know after M. Com which course is best. Apart from JRF, there are a number of national and international fellowships available for students exhibiting high research aptitude in Commerce, Economics, and Management. If you want to become a university lecturer, studying your way to a Ph.D. degree is highly recommended. But if you are more inclined towards teaching school students, you can opt for the two-year B.Ed program.  Here are some bonus jobs you can take after doing M.Com. Candidates with an M.Com degree are prepared for careers as auditors, business analysts, company secretaries, consultants, tax accountants, finance officers, stock brokers, sales analysts, and economists. An M.Com graduate might also go for government exams to gain jobs in the public sector. Following are a few of the well-paying jobs after m.com with a high salary. 1. Cost Accountant A cost accountant is a financial professional who analyses the expenses related to providing a service or producing it. A cost accountant’s main responsibilities include analysing a position and establishing a budget to make it profitable, as well as examining the total profit and loss statement. A cost accountant also accounts for the expenses related to administration, shipping, and production. A person can pursue professional courses to gain a deeper knowledge of Cost and Management Accounting, even though the knowledge acquired during an M.Com degree course is likely to land them a solid position as a cost accountant. 2.Tax Consultant Looking for post M.Com job opportunities? Become a Tax Consultant. A tax consultant or job in taxation centres on specialists assisting people with their tax-related questions and assisting them in both short- and long-term tax optimisation. The majority of tax advisors have degrees in law, accounting, finance, or a closely connected discipline. Understanding accounting theory, practise, and laws, as well as tax laws and financial management, are prerequisites for establishing a profession as a tax consultant. One can work in a tax consulting firm with an M.Com degree, however, tax consulting organisations prefer people having an LLB degree to handle legal tax concerns. 3. Sales Analyst After M.com courses, you can choose to become a sales analyst. A sales analyst is a specialist employed by a company to assess and pinpoint historical sales trends. By analysing market data, sales analysis will help businesses grow. Sales analysts provide a clearly defined plan in the form of weekly or monthly reports and offer it to the upper management and sales staff. A sales analyst’s duties also include conducting significant marketing campaigns and spotting emerging market trends in sales. When analysing the flaws, a sales analyst reflects the supply chain, marketing, and manufacturing systems of the organisation. Candidates with an M. Com degree and a strong interest in sales and marketing are a perfect fit for the position of sales analyst. The M.Com degree holder has sufficient financial understanding to create an appropriate plan of action. 4. Investment Banker After M.Com, there are many job opportunities on your way. One such option is Investment Banker. Investment bankers are experts who assist businesses, governments, and other entities in raising funds from a variety of sources. Investment bankers are the specialists that financial institutions hire to assess an organisation’s financial standing, capital requirements, and goals. The main responsibility of an investment banker is to serve as a liaison between entities that raise funds and those willing to make financial investments, in addition to outlining issues and offering potential solutions. Wrapping up The above is a list of some great career options after M.Com. We hope it will answer your question “What to do after M.Com?”. You can determine your interest based on your career choice that you would like to opt for after your graduation. For all young minds, wondering what to do after M.Com, you need to check the amount of time, the difficulty level, and the price of the course, before deciding which course to opt after your graduation. Any of the above best courses after M.Com are sure to land you a great job so that you can happily start your journey in the professional world. Now that we have detailed a range of different career options after MCom, it would be relatively easy for you to locate your interests. So, gather some more information about your preferred choices and follow the path you desire! Also Read: Top 10 Highest Paying Jobs in India Wrapping up The above is a list of some great career options after M.Com. We hope it will answer your question “What to do after M.Com?”. You can determine your interest based on your career choice that you would like to opt for after your graduation. For all young minds, wondering what to do after M.Com, you need to check the amount of time, the difficulty level, and the price of the course, before deciding which course to opt after your graduation. Any of the above best courses after M.Com are sure to land you a great job so that you can happily start your journey in the professional world. Now that we have detailed a range of different career options after MCom, it would be relatively easy for you to locate your interests. So, gather some more information about your preferred choices and follow the path you desire!

Have you ever been part of an interview where you were stumped about how to answer “why MBA after Engineering?” In this article, we have compiled the best answers for why an MBA after Engineering. It also highlights some of the best answers for can we do MBA after BTech. Yes, the most direct and straightforward answer would be that, after years of studying technology, you are now looking to create solutions in the form of machines that enable life to become easier. An MBA is an essential degree required to escalate your professional life with requisite managerial and leadership skills. Source Your BTech degree has already enabled you with the technical armory, but pestering relatives will keep asking “why MBA after Engineering?” The best answer for why MBA after engineering will be that it will further empower you to lead in managerial fields, making you doubly armed in technical and managerial aspects. Today, the job market is brimming with students like you who have attained their basic qualification of technology. It is, however, not a great platform to progress in your career. When companies hire, they prefer candidates who have a specialization and can lead to managerial tasks. Therefore, you have to be prepared with how to answer “why MBA after engineering?” to make the employer confident about their decision to hire you. Learn MBA Courses from the World’s top Universities. Earn Masters, Executive PGP, or Advanced Certificate Programs to fast-track your career. While applying for an MBA course is not easy, your BTech degree makes you eligible. However, top universities often have their criteria in areas such as GPA scores and work experience. One of the best answers for “why MBA after engineering” is that it has a holistic syllabus directed to create job-ready candidates who can handle all kinds of situations in any business environment. You could also mention that you are excited to learn from a syllabus that is designed to impart students with lessons in topics such as accounting and finance, business analytics, and human resources. Read more: Why MBA after B.Tech? 5 Practical Reasons So, how to answer “why MBA after Engineering?”  Top Reasons For Why MBA After Engineering 1. To enhance your managerial skills As a qualified engineer, you already have an in-depth understanding of how to utilize technology. While your study has sharpened your logical reasoning and rationale, an MBA kick starts you to resolve real-world issues. It will help you identify and improve on communication, allocate and manage human resources, and efficiently devise time management. These critical skills will come handy when you lead in any managerial enterprise. Moreover, the pay package also heightens with an engineering-MBA combination and acts as a motivation towards productivity. Do mention that as an engineering student, you will be able to strategize and systematize business structures better. Our learners also read: MBA job opportunities! 2. To develop business ideas Highlight that an MBA helps an engineering student to envision a deeper perspective towards complicated work-related problems. In a real-world business environment, an MBA will arm you with strategies to solve problems. This is why most colleges ask for work experience before joining the MBA program. The cohort is a great place to exchange ideas of practical problems and solve them with new and creative theories. 3. To step-up your career It is common knowledge that an engineering education followed by an MBA escalates your career. With the required managerial skills, engineers can rise higher in the hierarchy into supervisory and visionary roles. If you only had an Engineering background, it would take you years to reach the pinnacle of corporate success. Read: Check out the Scope of MBA for IT professionals. 4. For personality development If, as an engineering student, you have chosen to undertake an MBA course, mention that you look forward to developing into a future leader. An MBA course structure gives a lot of importance to presentations and projects, group discussions, and visits to industry sites, which in turn hones your personality by developing confidence and building you into an effective communicator – all skills necessary to become a leader. Additionally, as engineering students, extensive networking will help you gain a varied perspective concerning business problems. Naturally, such exposure allows the student to increase their intellectual and cultural horizons. 5. A Gateway For Entrepreneurs Yet another reason why MBA after engineering is considered to be extremely beneficial as it gives you an upper hand in learning how to conduct a streamlined business. MBA has been the stepping stone to successful careers for many entrepreneurs. An MBA degree gives you all the necessary knowledge required for managing finances, planning, executing, and organizing. 6. No Age Limit Last but not least, perhaps one of the biggest reasons why MBA after engineering is sought-after so much is its unlimited age limit. Anyone, at any point in their life, can easily enroll in an MBA and can land their dream job with the right steps. Be it a student who is looking for a career upgrade or an engineering graduate who, after working for a few years, has decided to pursue MBA, the list goes on.  Read: Career Options After MBA Which specialization is best in MBA after engineering? If you are an engineer and pondering can I do MBA after MTech and want to take your career to new heights? Pursuing an MBA after MTech is the perfect option. Engineering graduates can choose the following specializations MBA after mechanical engineering and MTech based on their interests, skills and career goals: Business Analytics: Turning Data into Actionable Insights Companies all around the world are pouring funds into analytics to gather and extract insights from the 2.5 quintillion bytes of data devised every day. To address this issue, businesses hire data professionals to understand the technical elements of analytics and data and their applications. It is an ideal specialization for engineers as it combines their technical expertise with the ability to make data-driven decisions.   Job Profiles in MBA after Mtech: Data Scientist Business Analyst Analytics Manager Data Engineer Market Research Analyst MBA after engineering salary: According to PayScale, Business analysts can expect an average salary of INR 605,143 yearly. Operations and Supply Chain Management: Optimizing Efficiency and Productivity The specialization focuses on improving the efficiency and productivity of business operations. It necessitates an in-depth understanding of product creation, design, and process optimization. It assists students to acquire a set of general procedures and strategies for proper management of production and quality.  Job Profiles in MBA after Mechanical Engineering: Operations Manager Quality Control Manager Project Manager Logistics Manager Salary: According to Payscale, professionals in the field of Operations and Supply Chain Management can earn an average salary of INR 943,036.  Finance: Navigating the World of Investments and Financial Management  An MBA in Finance equips engineers with the financial knowledge and analytical skills necessary to make informed business decisions. This specialization is attractive for engineers interested in the investments and financial management domain. Job Profiles: Financial Analyst Corporate Finance Manager Investment Banker Risk Manager Chief Financial Officer (CFO) Salary: According to Payscale, financial analyst professionals can expect an average salary of ₹481,684 annually. Marketing: Bridging the Gap between Engineering and Consumer Behavior Engineers with a specialization in Marketing can leverage their analytical and problem-solving skills to understand consumer behavior and develop effective marketing strategies. This specialization opens up opportunities in product management, brand management, and market research.  Job Profiles: Product Manager Brand Manager Market Research Analyst Digital Marketing Manager Sales Manager MBA after engineering salary: According to Payscale, marketing managers in India make an average salary of ₹702,935 yearly. International Business: Navigating the Global Arena With globalization on the rise, an MBA in International Business equips engineers with the skills to navigate the complexities of the global market. This specialization focuses on international trade, cross-cultural management, and global business strategies.  Job Profiles: International Business Consultant Export Manager Global Sourcing Manager International Marketing Manager International Trade Analyst MBA after engineering salary: According to PayScale, International marketing managers earn ₹900,000 yearly. Consulting: Providing Strategic Advice to Businesses Consulting is a highly sought-after field that offers engineers the opportunity to work with top-tier companies and provide strategic advice on various business challenges. This specialization requires strong analytical and problem-solving skills, ideal choice for engineers.  Job Profiles in MBA after Mtech: Management Consultant Strategy Consultant Operations Consultant Technology Consultant Financial Consultant Salary: According to Payscale, professionals in the field of financial Consulting can expect an average salary of INR ₹712,407. Jobs you can join if you can answer “why MBA after engineering?” As an engineer and MBA holder, you could try out various jobs.  Source Your interview answer would matter, but the degree combination will open up avenues in high posts, such as: Private Equity Market Data Analytics Information Technology Human Resource Management Finance Head Head of Marketing and Sales How to answer “why MBA after engineering?” Suppose you are still looking for the best answers for why MBA after Engineering, we have a gist for you. As engineers with comprehensive technical know-how, getting a job in your core specialization like civil, electronics, mechanical or computer feels like the right answer. However, midway into your career, there will come a time when you will have exhausted your knowledge as a technical specialist. Your career growth will reach a point where the ‘curve will flatten’ (to borrow a phrase from Covid19 times), and there will be no further scope of rising. At this point, any management skills will add to your technical armory. An MBA degree will help you to connect the dots between science, technology, engineering, and a professional who can handle the human elements of a business environment. It will prepare you to give the best interview answers, become an efficient communicator to lead your team, overcome challenges, innovate resolutions to technical problems and be able to place it in the right space in the real market. Once you are a skilled leader with the requisite engineering learning and leadership skills needed for any business, you will be able to successfully bridge the connection in these areas and take off for individual and community success. We hope you have found out how to answer “why MBA after engineering?” Thus, as an engineer, you will collaborate with other business leaders and integrate into successful management roles. Also Read: What is the Best Time to do an MBA in India? Wrapping up What is it that you are waiting for? Why not get ready with all the confidence and will to make the difference to get you that job you have been eagerly waiting and gearing up for!  If you are keen on upgrading your career with an Executive MBA course, upGrad is offering the MBA from Liverpool Business School. And the cherry on top – upGrad’s excellent flexible and interactive learning and evaluation systems allows you to balance your personal and professional life in a hassle-free manner. Check out for more information & let our student counselor help you with your questions.

“Crisis either causes regress or progress depending on the will of the people.” ― Abhijit Naskar (Neuroscientist, Author, Speaker) As the grasp of coronavirus continues to increase exponentially across the globe, people everywhere are forced to stay within the confines of their homes. According to Google, mobility trends for places of residence has increased by 30% compared to baseline. Now that all public spaces are closed to us (including offices, educational institutes, malls, shops, and parks), and we are stuck inside, it is easy to become a victim of overthinking and depression. With all that’s going around the world right now, we cannot help but feel blue. As countries around the world are putting up a steady fight against the pandemic, we are all fighting our own battles. And that’s precisely why we have to take charge of our lives and health (both physical and mental) and find productive ways to stay engaged during this home quarantine phase.   Since we still have a long way to go in this uphill battle, why not take this self-quarantine as a blessing instead of a bane and turn it into something good? Why not invest your time on productive things and energy into creating a productive atmosphere in your home? We have gathered up a list of productive things to do in quarantine to make your lockdown time little fun and productive, if not easy!  Let’s talk about some productive things to do in quarantine that can help you grow professionally. Instead of considering this quarantine as free time, let’s take this as a time for ourselves that we are hard-pressed to find in our everyday lives. Things to do for better career options 1. Take up a machine learning course Another hot trend in the industry right now is Artificial Intelligence and Machine Learning. ML is fast becoming a staple in mainstream tech and business applications. You, too, can learn ML skills to revamp your resume by taking up upGrad’s free ML course.  2. Learn Java When it comes to Java, do we even need to remind you that it is one of the most widely used programming languages in the world? You can create and build a variety of things using Java, from web-based and mobile apps to sophisticated cloud-based applications. This is the perfect time to get handsy with Java and experiment with your development skills. You can checkout upGrad’s Java programming course, which is a part of its in its lifelong learning initiative. 3. Enroll for Deep Learning Program Just like AI and ML, Deep Learning is a tech trend that’s fast catching on. It is a subset of ML, and once you enroll in a DL course (like upGrad’s), you’ll see how fun, deep learning is and how much you can create using your DL knowledge. 4. Master Excel  Now that you have all the time in the world, you should invest some of your time to learning Excel. Chandoo is the best site for getting Excel tips, tutorials, templates, and much more. With enough dedication and effort, Chandoo can help you master Excel in no time. 5. Gain Blockchain  This will excite all the tech lovers out there, and rightly so. After all, Blockchain is a relatively new and revolutionary technology that is replete with tremendous possibilities. Also, the demand for Blockchain experts is at an all-time high right now. So, you should think about acquiring Blockchain skills. upGrad has a fantastic free course on Blockchain. 6. Learn business analytics This tip is dedicated to all the budding and established entrepreneurs out there. If you’re in the enterprise sector, you must gain a comprehensive understanding of business analytics. It is a tool that offers actionable business insights based on real-world data and statistics, thereby encouraging data-driven decision making. upGrad’s Business Analytics Starter Pack is a good place to start. Things to do that will help you make money online 7. Start blogging Writing is a proven way to get your juices flowing. Learning to write for blog is considered as one of the most productive things to do in quarantine. If you don’t want to try a hand a fiction, blogging is the way to go. It is the best space to vent out your thoughts, feelings, and passions. Blogging can be a space for creative release for you. Learn more about steps to launch your blog. 8. Learn Web Designing Nobody can deny the power of a good looking website, and hence, Web Designers are always in demand. Websites like freelancer, upwork offer freelance work to professionals, and there are numerous projects listed for logo design, creative design, web design, etc which can be done by someone with sufficent knowledge of the subject. This is one of the many skills that never loses relevance in the industry. So, you could opt for learning web designing in this lockdown and add a new skill to your resume. upGrad is offering a fantastic course on front end development as a part of its lifelong learning initiative, and what’s best is – you can avail this course for free! 9. Learn Digital Marketing It’s never too late to learn digital marketing. Ever since online and digital platforms have become ingrained in every aspect of our lives, digital marketing has skyrocketed. Once you enroll in a digital marketing course, you will see how interesting and thrilling the world of digital marketing is. If you are looking for a free program, try upGrad’s short-term digital marketing course. 10. Learn how to Photoshop An excellent way to pass your time is to learn how to photoshop. There’s plenty to learn about design, illustration, photo manipulation, and so on. Naturally, when thinking of photoshop, Adobe Photoshop comes to mind. Tut Plus is just the platform you need to work on your Adobe Photoshop skills.  Things to do that will improve your tech understanding 11. Host a digital book club While its exciting to get your friends together and host a book club at home, that’s a luxury that we can no longer afford. But do you have to give up on your book club meets altogether? No! Host a digital book club instead. 12. Explore art galleries If you are wondering how much and what you can do while sitting at home, you can check out Google Arts & Culture! This platform lets you take a tour of some of the most reputed and renowned museums and even explore their art collections along with the explicit details on every piece of art. 13. Take a tour of exotic cities Before you can chuck this suggestion aside, allow us to remind you of Google Street View. Thanks to this invention, you can take a virtual tour of some of the most exotic places and locations on earth. 14. Play online games Who doesn’t love to play games? Thankfully, the PlayStore and Apple Store are buzzing with a host of cool online games that you can play along with your friends and family members. Not only will it lighten your mood, but it will also help maintain solidarity with your loved ones in this difficult time. We know you’re thinking PUBG, but there’s also online chess, ludo, sudoku, as well. 15. Get your adrenaline pumping with virtual rides So what if you cannot go bungee jumping or hop up on a rollercoaster? You could always get the thrill of it through virtual trips! Granted that it will be nowhere near the real experience, but it is the best you can make out of a bad situation. TheCoasterViews has a variety of breathtaking experiences lined up for you! Things that you should organise 16. Organize your inbox Your email can become highly cluttered over time, especially if the tags aren’t sorted. Take out some time to file and delete your emails, and you’ll see how much space you can make in your inbox in just 15 minutes! Make it a weekly thing for now.  17. Organize your bookcases If you are a book lover, you must have multiple bookshelves stacked up with books ranging from all genres. Now’s the time to clean, organize, and declutter your bookcases. Go through your books and set aside all the books that you can give away, and later you can donate them to a library for others to read. Things to do that will help grow oneself 18. Learn a new language Everyone has thought at least once in their life that learning a new language would be super cool. However, our professional and personal schedule hardly leaves any time to materialize such wishes. Now that you’re stuck at home, you have all the time to learn a new language. Be it French, or Italian, or Danish, or Spanish, Duolingo can help you master any language you want. The app has a vast pool of online tutorials, quizzes, and YouTube videos to help you learn the language of your choice. 19. Read free books While you cannot order books and magazines at the moment, you can always visit online sites for free books. If you are an avid reader, you must check out Project Gutenberg. 20. Gain new ideas – fast If new ideas excite you, Ignite is the place to be. Ignite is “a series of speedy presentations” – the aim is to express and spread ideas like wildfire. Each Ignite presentation lasts only for five minutes, thus, going for precision and simplicity. 21. Listen to podcasts Listening to podcasts is a habit worth inculcating in your lifestyle. These audio stories and interviews help you overcome creative blocks, inspire you, teach you how to make use of your time, educate you, and stay updated on the latest happenings around the world. Spotify and JioSaavn are two excellent sites for finding podcasts.  22. Start Writing – Begin with fiction  Yes, it is only a start, but a start nonetheless. We are not asking you to turn into Paulo Coelho or J.K. Rowling right away, but we’re only asking you to give shape to your random thoughts and carve a story out of it. Writing has been known to be a therapeutic experience, and who knows, you might create something beautiful out of your thoughts! You can check out FutureLearn to get started on writing fiction.  23. Get inspired by TED talks If there’s anything that can truly inspire, it is listening to the stories of industry leaders and radical innovators on TED. The best part about TED talks is that you can find plenty of inspiring stories on a host of topics including technology, science, business, social change, health, environment, activism, innovation, and much more.  24. Set new goals Now that things around us have changed drastically, it is time to make necessary changes in our lifestyle. Start by making small changes like eating healthy, regularly exercising, sleeping on time, and little things like that. Make family your priority, and align your goals around that. It is the things that we take for granted that become our biggest weakness in desperate times like this. So make sure to take care of those little things in your life. 25. Create a new hobby While in quarantine, you can explore new interests or hone in on current ones. Think of pursuits like crafting, knitting, cooking, gardening, or playing an instrument. Stress can be reduced, and a sense of achievement can be obtained by engaging in creative activities. 26. Engage in mindfulness and meditation Being in quarantine can be psychologically taxing. Mindfulness and meditation can be good options while looking for things to do in quarantine. Daily engage in guided relaxation techniques, mindfulness meditation, or deep breathing exercises. These techniques can aid in lowering anxiety while boosting concentration and mental clarity. 27. Establish a virtual exercise routine Keeping physically active while in quarantine is essential for upholding a healthy lifestyle. Explore online yoga courses, training programs, or fitness apps that provide activities you can do at home.  28. Pick up a new instrument Have you always wished you could play the guitar or piano? The ideal time to start studying a musical instrument is during quarantine. There are many online resources, video classes, and applications that may assist you in beginning your musical adventure. 29. Volunteer virtually While abiding by the quarantine guidelines, helping remotely can positively influence your life. Many businesses and NGOs seek online volunteers to help with content development, social media administration, online mentorship, and virtual tutoring. Contribute to a cause you care about using your expertise. 30. Create a blog or diary Writing may be a good way to relieve stress while in institutional quarantine. Consider keeping a diary to record your ideas, feelings, and experiences throughout this period. Consider beginning a blog where you may share your ideas, interests, or creative projects with others if you like writing and want to share your experiences. 31. Develop your finance knowledge Investigate any online tools, publications, or educational opportunities that might aid in your understanding of debt management, investing, and budgeting. Your financial well-being may improve in the long run by developing sound financial habits. 32. Designate a home workout area Designate a certain region of your house as a workout area. Get rid of the clutter, get inexpensive exercise gear like weights or resistance bands, and set up a yoga mat. You may stay motivated and maintain a regular fitness regimen by designating an area for your workouts. 33. Educate yourself on sustainable living Take this opportunity to learn about sustainable living principles and how to apply them to your everyday activities. Examine composting, minimizing plastic use, recycling, and sustainable clothing.  34. Enroll in online courses for personal growth Various online resources provide psychology, personal growth, photography, and creative writing courses. Take advantage of this opportunity to engage in your development and learn new things in your areas of interest. 35. Practice self-care Establish a self-care regimen that includes taking long, soothing baths, engaging in mindfulness exercises, enjoying a favorite pastime, reading a book, or treating yourself to a spa day. 36. Improve your cooking abilities and learn about nutrition Use seclusion to develop a healthy eating routine, try new dishes, and learn about nutrition. Investigate internet resources, watch culinary demonstrations, and prepare wholesome meals using fresh ingredients.  Conclusion These are a few easy & productive things to do in quarantine to help lighten the mood at your home. Every cloud has a silver lining, and remember, this too shall pass! The big challenge in life is to convert the barrier into an opportunity. Lockdown is the best time to upskill yourself with latest technologies. Checkout upGrad’s top courses in Data Science, Machine Learning, Digital Marketing, MBA from LBS & Full Stack Management.

In any job search, you have to sift through several postings and identify the roles that match your profile and aspirations. When you are interested in entering a specific field, you may want to know about the lucrative career opportunities in that particular domain. In this article, we would cover the highest paying finance jobs in India.  A specialization in financial management can get you some of the highest salary finance jobs in India entail. Here are the broad categories where you can find employment: Accounting Investment Lending Fintech Advisory services Corporate finance  With this perspective, let us look at some well-paid job titles and understand their work requirements. We have also provided a ballpark figure of the annual compensation associated with every role, as reported by Payscale.  Read: Career scope in finance Highest paying finance jobs in India 1. Financial Analyst Job responsibilities: Financial analysts look after company finances, poring over data, and supporting financial management decisions. They also evaluate the possible outcomes of business and investment recommendations. Typically, they are hired in junior and senior capacities in banks, insurance companies, funds, and other financial institutions. Apart from basic financial literacy and accounting skills, these practitioners must possess critical thinking and communication skills. Average salary: INR 4,09,903 p.a. Skills required for Financial Analyst Accounting Interpersonal  Problem-solving Financial literacy Problem-solving A career in finance in india as a Financial Analyst is promising as the individual gets 4.6 lakhs per annum as they get more skilled and experienced. 2. Compliance Officer Job responsibilities: Compliance officers or analysts work in public or private companies, and sometimes in established nonprofit organizations, to ensure that all activities are carried out as per the guidelines set by the governance agencies. Since the long-term financial growth depends upon the established standards and regulations, these professionals play a crucial role in the finance industry. Their work involves aspects of data analysis and reviewing processes and related infrastructure to achieve compliance.  Average salary: INR 5,39,500 p.a. It is one of the highest-paying finance jobs in India. Skills required for Compliance Officer Law Data handling Entrepreneurial Find Best MBA Programs from the World’s top Universities. Earn Masters, Executive PGP, or Advanced Certificate Programs to fast-track your career. 3. Financial Advisor Job responsibilities: These professionals identify short-term and long-term financial goals for their clients and recommend the most suitable products and services to achieve them. For example, the primary duty of an insurance advisor is to research and suggest insurance offerings and interact with underwritings and risk managers for implementing their various job-related tasks. They are also responsible for providing direction to individual customers regarding the purchase of appropriate life, automobile, housing, and other insurance types.  Average salary: INR 6,00,000 p.a. This is one of the highest-paying finance jobs. Skills required Client relationship management Business development Research Wealth Management Analytical  Detail orientation 4. Senior Accountant Job responsibilities: Like any accounting job, this role involves recording entries related to assets, liabilities, revenue, and expenditure of a firm. Senior accountants are at the top of the rung, overseeing and analyzing the financial information and statements, maintaining balances, and resolving discrepancies.  Average salary: INR 4,12,977 p.a. Skills required Detail orientation Organisational Financial literacy Collaborative Self-starter 5. Loan Officer Job responsibilities: Loan officers approve, authorize, and process applications for real estate, business, or credit loans. They assess candidates’ financial status or creditworthiness and subsequently interview them. Setting up plans for debt payment and evaluating applicable metrics and ratios are some of their other duties. You can work as a loan officer in a mortgage company, a commercial bank, or a credit union.  Average salary: INR 4,60,000 p.a. (starting). It is one of the high-paying finance jobs where the salary keeps increasing with time and experience. Skills required Experience in the field of loans Financial understanding Understanding of direct and indirect lending Customer satisfaction 6. Information Technology Auditor Job responsibilities: IT auditors work in government departments or private companies to attain synchrony between the technology infrastructure and enterprise needs. They also look after IT compliance and digital security to enable smooth functioning of all organizational processes. So, the audit review procedures can extend to software programs, computer networks, communication systems, and security setup. This job necessitates an adequate understanding of physical IT controls within the company and requires knowledge about the business operations and financial practices.  Average salary: INR 10,74,419 p.a. It is one of the highest-paid finance jobs in India.  Skills required Knowledge of technical applications System Security Knowledge Knowledge of auditing 7. Financial Software Developer Job responsibilities: As the finance industry embraces technology and the internet, the demand for software developers has experienced a sharp rise. These employees design, develop, test, and maintain software and other programs that align with the company and end-users’ needs. Fintech is an emerging space for software developers as it envisions efficient delivery of financial services and associated activities. Some examples include mobile payments, stock trading applications, budgeting apps, and cryptocurrencies.  Average salary: INR 7,06,919 p.a. It is one of the in-demand finance careers in India. Skills required Computer skills  Programming languages Self-development skills 8. Investment Banker Job responsibilities: As an investment banker, you are responsible for managing an investing entity’s investment portfolio. In other words, you keep track of the money invested by your client in different businesses to optimize the return and achieve the predetermined financial goals.  Investment bankers handle stock and bond issues and also arrange for debt financing. Additionally, they are well-versed in managing merger and acquisition deals that bring in the most financial gains for investment banks. Investment banking is among the highest paying finance jobs in India, where candidates with significant experience can earn a total remuneration of Rs 16.5 lakh a year.  Average  investment banker salary: INR 8,71,972 p.a. Skills required  Communication Self-starter Research and analysis  Presentation skills Securities Mergers and acquisitions 9. Hedge Fund Manager Job responsibilities: High net worth individuals who are enthusiastic about investing often hire hedge fund managers to monitor markets and maximize their earnings. The job functions are similar to that of investment banking, except for the higher risk-reward portfolios of hedge fund managers. Investors pool their capital to make investments, and the fund manager protects them. Due to the intense working hours and technical nature, this career comes with a high entry-level salary of Rs 7.5 lakh a year.  Average salary: INR 24,00,000 p.a. It is one of the highest-paying jobs in finance in India.  Skills required Investment knowledge Finance understanding Financial Modelling  Quantitative Legal  10. Private Equity Associate Job responsibilities: Private equity and venture capital funds provide finance to early-stage ventures and growing businesses. This funding comes in exchange for profit participation or equity stake in the investee company. Like hedge fund managers, private equity associates liaise with the investor firms/individuals and apply their capital to business ventures having growth potential.  Average salary: Rs 32,38,889 p.a. It is one of the high-paying finance jobs salaries in India. Skills required Financial Modelling LBO Modelling M&A Modelling Financial Analysis  11. Chief Financial Officer Job responsibilities: The Chief Financial Officer or CFO has the duties of managing a company’s capital structure and cash flow and planning for its future growth. Therefore, the CFO must have in-depth knowledge of accounting and financial modeling, among other skill sets. These executives also oversee the work of analysts, manage financial teams, and make decisions related to costing and technology infrastructure. The CFO title is particularly prominent in the retail and commercial banking sector in India. Average salary: INR 1,550,480 (mid-career); INR 37,03,135 (senior). It is one of the highest finance jobs salaries. Skills required  Deep financial understanding Problem- solving skills Decision-making People Management 12. Chief Compliance Officer Job responsibilities: As the title suggests, this job is a top-notch role in compliance monitoring and policy management. CCOs apply their education and experience to eliminate non-compliance fees for the firms. Before landing this coveted spot, they may work as analysts, managing directors, and other positions to master the ropes and legal standards.  Average salary: INR 15,75,000 p.a. Skills required  Understanding of law Entrepreneurial  Analytical Data handling Communication  13. Chief Risk Officer Job responsibilities: Chief Risk Officers or CROs work in financial firms, looking out for any events that may threaten the company’s profitability or financial solvency. They monitor investments, interact with the CCO, and assess risks by applying their superior analytical and problem-solving skills. This is one of the best paying jobs in finance in India. Average salary: INR 13,00,000 (mid-senior); INR 50,86,824 (senior) Skills required Leadership  Relationship building Risk Managemen 14. Management Analyst Job responsibilities: Management consultants and analysts work to improve business performance. They examine specific issues and develop solutions to boost efficiency. To work as a management analyst, you should be able to interpret data and information and use your findings to create proposals for the company. Professional certification in business analytics can help you become more job-ready for management analyst positions. Alternatively, you can consider applying for a specialized MBA program. Average salary: INR 4,66,853 p.a. (entry level) Skills required Analyst skills Communication Time Management Problem-solving Interpersonal Also Read: MBA in Finance Future Scope 15. Personal Finance Advisor Job responsibilities: Personal financial advisors provide their services in diverse areas, ranging from life insurance, estate planning, investments, taxes, retirement planning to personal budgeting assistance. You can also start a practice or consulting firm for this purpose. It would be ideal to have a background in accounting or finance, followed by an MBA or MSc. in Finance.  Average salary: INR 4,90,565 p.a. Skills required Excellent communication skills Financial literacy Ability to explain articulately Research Analytical Must Read: Top 10 Highest Paying Jobs in India Highest Paying Banking Jobs in India Jobs in finance sector in India can be very well paid. There are many jobs that you can consider with the correct qualifications. Here is the list of best paying jobs in finance – Personal Banker – They assist clients and customers in every detail related to their bank accounts, like opening and managing their accounts and safe deposit boxes. Average salary – INR 3,84,000 p.a. 2. Bank Auditor – They review all the financial statements of the client. They can check if the risk management procedures of the bank are effective. They can assist in investigations the report the faults to higher authorities. Average salary – INR 5,04,000 p.a. 3. Credit Analyst – Whenever an individual or business seeks credit from a bank, a credit analyst analyzes their financial information. They are responsible for checking whether the client is creditworthy or not. Average salary – INR 6,18,000 p.a. 4. Fund Manager – The role of a fund manager is one of the highest paying banking jobs in India. This job involves extensive research, planning, and implementation of various financial strategies. They are also responsible for buying and selling the best stocks and bonds as well. Average salary – INR 15,00,000 p.a. 5. Finance Manager – They manage different types of financial tasks and projects. They can prepare financial statements, estimates, budget plans, and risks. Average salary – INR 10,05,108 p.a. The Future of Finance in India It seems like digital is catching the attention of finance leadership every day; use cases for digital are constantly evolving. As digitization transforms how we work, live, and relax, the stimulus often comes from the front end of the business. With the younger generation becoming more active, there is an increasing demand to make the financial sector more agile, friendly, and straightforward, extending diverse jobs in finance sector in India. Digital finance is the main requirement for the future. Digital revolutions and innovations are what the financial sector has been witnessing for the last couple of years since finance is the fastest growing sector in all aspects of the economy. In a concise period of time, fintech has totally transformed the way people make monetary transactions. In the world of digitization, India is bringing the format of ‘cashless’ alive. Business owners in India are bringing in customers from all across the world based on this digitization. Finance Minister of India, Nirmala Sitaraman, stated in an interview that the finance industry of India will surge from $50-60 billion in 2020 to $150 billion in 2025. All the latest financial models for the country include the latest technologies like Artificial Intelligence (AI), Internet of Things (IoT), Cloud Computing, and Machine Learning (ML). This has also managed to gain the customers’ trust and has the potential to transform and develop new financial services in India. Fintech has been gaining popularity worldwide because of its integration of technology and financial services and has attracted a considerable amount of investment from different verticals of business, resulting in better business performance and greater research and innovation collaboration. Here is how the different technologies have helped the industry evolve – Machine Learning and Artificial Intelligence – AI and machine learning solutions can transform regulatory compliance, financial fraud, and cybercrime. The fintech industry can also tailor products and services to the needs of each consumer by utilizing customer data as a means of personalization. Internet of Things – With IoT, finance companies can gather and transfer data more efficiently, saving them time and money. Information is collected and processed efficiently, allowing core processes to be automated. Financial institutions can also benefit significantly from IoT by improving customer service. Cloud Computing – Online resources, applications, or storage are provided through cloud computing as an on-demand service. As opposed to storing and processing data locally, financial institutions can store and process data remotely. Blockchain – Digital lending is now safer, thanks to blockchain technology. As a distributed, public, decentralized ledger, transactions are recorded across many computers to prevent tampering. Fintech institutions will significantly improve their operational efficiency through blockchain as the focus shifts from payments to securities and trade finance. The Way Forward In a growing economy like India, BFSI (Banking, Financial Services, and Insurance) is a critical section contributing close to 6 percent of the annual GDP. By 2022, the BFSI sector would require an additional 1.6 million skilled workforce, as estimated by the National Skill Development Corporation (NSDC). If you are looking to upskill, you can consider taking up an advanced certification course or a PG diploma that meets your learning goals. It would be best to select a program after going through its syllabus, duration, financial commitment, and accreditation status.  You can go for education programs like upGrad’s MBA – Finance (Liverpool Business School). It aims to familiarize you with the fundamentals of Accounting Statements, Risk Management, Working Capital Management, Marketing, HR, Economics, Project Evaluation, etc. Besides the in-class content, entrepreneurs and mid-stage career professionals can also gain from industry projects and mentorship sessions. Moreover, you can enroll while working, devoting about 10-12 hours per week for 20 months. Upon completing the program, you would earn dual credentials from LBS and IMT Ghaziabad.  Future-oriented online courses like MBA in Digital Finance and Banking can help make your candidature more attractive for existing and new job positions in the BFSI sector. The curriculum aims to equip you with the knowledge of fintech ecosystems, applications of AI in business, blockchain and cryptocurrencies, financial valuation, data visualization, fraud and risk analytics, and business leadership.  This course is available on upGrad’s platform and accredited by the Jindal Global Business School. JGBS alumni have been employed in companies like Amazon, Deloitte, Barclays, ICICI Bank, Yes Bank, Philips, GSK, ITC, Dabur, and many other corporate giants.  This brings us to the end of this article on the highest paying finance jobs in India. We identified specific positions, described their job specifications, and also detailed the highest salary finance jobs in India can get you. The current landscape of the Indian financial sector is highly competitive. This information would not only guide you while job-hunting but also streamline your preparation in reaching your desired career path.

Exploring the Broad World of Digital Economy Digital transformation has taken the world by storm. The adoption of digital technology for transforming businesses and services has massively helped improve and enhance customer experiences. As per the latest reports, in 2022, the digital transformation market size reached USD 594.5 billion, further extending robust estimates that by the end of 2027, this figure will reach almost USD 1548.9 billion at a CAGR of 21.1%.  Source As the digital transformation market is experiencing a boom, the digital economy is walking hand-in-hand to experience its favourable impact. Also known as the internet economy or web economy, the digital economy covers all the transactions taking place on the internet, merging conventional and digital economies into one unit.  Learn Management Courses from the World’s top Universities. Earn Master, Executive PGP, or Advanced Certificate Programs to fast-track your career. This article covers the digital economy meaning and its various associated aspects.  What is a digital economy? When digital transformation takes over traditional economic activities, a digital economy is formed, powered by the internet and other electronic means. The financial activities in a digital economy emanate from innumerable online connections that occur daily among businesses, processes, data, people, and devices. Hyperconnectivity is the pillar on which the digital economy stands strong. Hyperconnectivity refers to the growing volume of interconnectedness between organisations, people, and machines resulting from mobile technology, the internet, and the Internet of Things (IoT).  Interestingly, this new economy is taking good shape. Conventional notions regarding business structures and firm interactions are taking a backseat, making way for technologically advanced business models and markets. Consumers are also learning to obtain goods, services, and information from this new economy, making things easier and more convenient.  The main factors which are driving this digital transformation include the following: Electronic means Electronic means like smartphones, computers, and other devices like wearables and smart TVs are powering the digital economy.  Internet It is needless to say that the internet has changed our lives massively and transformed our daily activities to a great extent, from how we live to how we entertain ourselves. With the advent of the internet, companies can now reach all corners of the world, defying geographical barriers and boundaries. All goods and services now have a global market and global customers.  Data Businesses can no longer undermine the importance of data. A significant part of the digital economy, data helps make informed decisions regarding the business, designing and developing new services and products, getting insights about the target audience and so on.  Considering all these factors, reports say that the global investment in digital transformation will almost double between 2022 and 2026. From USD 1.85 trillion in 2022, the figure is expected to reach USD 3.4 trillion by 2026.  Three Important Things About the Digital Economy Connecting to a global environment has become a cakewalk for people with the help of various devices like tablets, smartphones, smartwatches and other mobile internet devices. With internet connectivity, customers can become a part of the digital world anywhere and anytime.  The digital economy is open for companies across the globe to sell their products or services. Customers worldwide can access these products and services to become an integral part of the digital economy. The transactions for these purchases take place online via different platforms.  Here are three important things that make a digital economy different from a regular economy: E-business Various online tools, computer applications and digital platforms play an important role in carrying out business processes in the digital economy.  Infrastructure  In the digital economy, businesses have various technological resources, including software and hardware. Along with this, there is also the need for specialised and skilled human resources.  E-commerce E-commerce refers to the buying and selling of goods and services online. Generally, the goods and services are delivered to the customers’ doorstep in e-commerce.  Along with these, e-banking and e-governance are also integral parts of the digital economy.  Notable Characteristics of The Digital Economy Now that we have a basic idea about the digital economy, let us focus on the notable characteristics which make this economy so popular. Some of the characteristics are as follows: Round-the-clock availability A digital economy is not time-bound and is available 24/7. This means that businesses can carry out their operations on a round-the-clock basis. They can reach their customers anywhere at any time of the day.  Data-driven One of the main components of a digital economy is data. Enterprises leverage benefits from the massive volumes of generated data for making decisions, targeting audiences, and creating new services and products for the business.  Completely internet-driven The Internet is the main pillar on which the digital economy stands. The internet brings the whole world to your fingertips. Organisations can reach out to new customers and venture into new markets for business expansion.  Fast-paced The speed at which the digital economy operates is surprising. Businesses use and implement the latest upgraded technologies to provide the best services to customers. Organisations are on a constant lookout for innovations to make their business better in all aspects.  Global reach and approach  One of the prominent characteristics of a digital economy is its global reach and approach. There are no confinements of geographical boundaries. The economy is interconnected, and businesses can reach new customers globally.  Highly competitive zone A digital economy is a highly competitive arena. There are huge options and choices of products and services on online platforms. Customers can browse through different platforms before they make a purchasing decision. Businesses have to do something unique and different to grab the eyes of customers.  How does a business benefit from the digital economy? Overcoming the limitations of a conventional economy is possible with a digital economy in all aspects – including marketing, production, sales, and so on. Customers are also empowered to make choices from the abundant varieties available.  Here are some reasons why the digital economy seems to be crucial: Innovation is the key Digitising business processes and businesses as a whole is an innovation in itself. Opting for the digital mode opens up many opportunities for businesses. They have the scope to experiment with new technologies and ideas to take their business to a new dimension. Organisations can work on ways to better their produce and market value and boost the sale of their products and services.  Helps in reaching more customers The success of a business depends on its customer base. Along with getting new customers, businesses concentrate on retaining the old news. With the digital economy, businesses can reach new markets globally. A business’s products and services reach customers anywhere in the world, boosting the consumer base significantly. Customer retention is also a crucial part of the digital economy.  Source Helps in increasing business efficiency  There is no doubt that the digital economy helps in improving business efficiency manifold times. Users can avoid the majority of glitches they usually face in conventional businesses by participating in a digital economy. A digital economy has access to technologically advanced tools and techniques, which help improve business operations. Moreover, businesses can now leverage the benefits from the generated data and make informed decisions accordingly.  Helps in reducing costs in various departments Traditional production, marketing and distribution methods in a business are expensive compared to the digital mode. With the implementation of new technological tools and techniques, marketing, advertising, sales, production and distribution costs have come down. Along with lowered costs, the working of these departments has also become efficient in the digital economy.  Generates new job opportunities One of the reasons why the digital economy is becoming popular among people is that it creates new job opportunities. There is an influx of startups and new businesses in the digital economy, with job roles spanning digital marketing, data mining, big data analysis, and various other domains. Professionals are learning new technologies to fit into these job roles, enabling aspirants to significantly boost their skill sets.  Helps in making faster transactions Gone are the days when businesses had to wait months to settle and clear their payments. With the digital economy, transactions take place almost instantly. You can choose from innumerable online payment methods for making and receiving payments.  Improved communication and personalisation The connectivity quotient is high in the digital economy, improving communication significantly. Businesses can communicate with their customers conveniently to understand their needs and preferences. Once businesses have that idea, they can personalise the services and products per customers’ requirements and demands.  Explore our Popular Management Programs Leadership and Management in New-Age Business Post Graduate Certificate in Product Management Executive Post-Graduate Programme in Human Resource Management Professional Certificate Programme in HR Management and Analytics Executive Post-Graduate Programme in Healthcare Management Executive Management Programme in Strategic Innovation Digital Marketing and Business Analytics Certificate Programme in Finance for Non Finance Executives Certificate Programme in Operations Management and Analytics Global Master Certificate in Integrated Supply Chain Management upGrad's Job Linked Advanced General Management Program from IMT Ghaziabad Global Professional Certificate in Effective Leadership & Management Advanced General Management Program Strategic Human Resources Leadership Cornell Certificate Program Digital Transformation Cornell Certificate Program Executive Leadership Cornell Certificate Program Management Essentials Management Programs Conclusion Business experts across the globe agree that the digital economy is the future of business. With increasing competition in this arena, organisations of all kinds – government institutions, private organisations, non-profits, as well as service-centric entities, will require employees and leaders keen on embracing innovation and changes.  If you’re aiming to become a part of this breakthrough with services best suited to traditional and digital platforms, then enrol for upGrad’s Duke Corporate Education Post Graduate Certificate in Product Management! Master product management skills along with developing a product mindset with the course.  The programme offers 200+ hours of learning with 30+ live sessions and 15+ personalised industry sessions. Special mention needs to be made of the 10-week product mindset boot camp, mock interviews, and interview preparations, along with a skilled faculty of industry experts to fuel your growth towards a bright future.  Apply now to sharpen your skills and become a part of the skilled community under upGrad! Top Management Skills to Learn SL. No Top Management Skills to Learn 1 Consumer Behaviour Online Programs Financial Analysis Programs FinTech Programs Online 2 HR Analytics Programs Online Communication Programs Online Effective Communication Programs 3 Research Methodology Programs Mastering Sales Programs Business Communication Programs 4 Fundamentals of Journalism Programs Economics Masterclass Online Programs Our Top Management Articles Top 7 Career Options in Management To Choose [For Freshers & Experienced] Online Product Management Courses to Kickstart your Career Top 10 Career Options in Business Management in India 8 Crucial Business Management Skills Every Manager Should Have Future Scope of Management: Scope, Salary, Career Opportunities Career Options After MBA – Highest Paying Management Jobs 5 Key Skills Required for Successful Management Career & How To Achieve Those Skills? What is The Nature and Scope of Management? Importance of Management in Every Organisation – [A Complete Guide] You can also check out our free courses offered by upGrad in Management, Data Science, Machine Learning, Digital Marketing, and Technology. All of these courses have top-notch learning resources, weekly live lectures, industry assignments, and a certificate of course completion – all free of cost!

Companies today need someone who comes with the skill of project portfolio management. Therefore, it is important to develop a project mindset and develop a product through different techniques and elements of project management.  Source It is vital for all the companies out there to manage their project portfolio. The entire activity helps the company categorise the portfolio into different groups and then try to align them with the common and overarching goals of the company.  With project portfolio management, you will know about the current project you should focus on. If you are new to PPM project management, you are in the right place.  Study Marketing Management Courses online from the World’s top Universities. Earn Masters, Executive PGP, or Advanced Certificate Programs to fast-track your career. The article sheds some light on what project portfolio management is and what are its advantages of the same.  What is Project Portfolio Management (PPM)? Project portfolio management, also known as PPM, is a very important concept for companies operating in an agile environment. It refers to the overall management of a company’s projects at any time. While these projects might serve different purposes, they all come under the company’s portfolio and use the same resources.  With PPM project management, the company manages all the projects together, and it also decides the allocation of the resources to each project depending on the need of the hour. Apart from allocating resources, managing of project portfolio also includes identifying opportunities that can be translated into projects and then assigning project managers who will act as custodians of their projects.  Why is Project Portfolio Management Important? With portfolio management, the company implements all the strategies created on paper. The main objective of PPM is to ensure that the company takes up the right projects at the right time and maximises the returns of the company. Today, companies have multiple projects running parallelly. However, the resources are limited.  With PPM, companies try to evaluate all the projects and then decide on the ones that need their maximum attention.  Factors Affecting Project Portfolio Management Project portfolio management comes with its own set of objectives that the company aims to meet to ensure that all the projects are executed well. To meet these objectives, there are certain factors that you should consider before you begin with the PPM project management process: The project document: It is important to create a document that outlines all the information related to different projects running in the company. The document should highlight the project’s name, objective, and timeframe. Evaluation: Every project needs to be evaluated regularly to ensure it meets the required targets and is going as expected.  Team creation: The project team manages all the projects end-to-end. Therefore, creating a team that will tirelessly work to achieve all the project objectives is important.  What Types of Industries Should Invest in Project Portfolio Management? Project portfolio management has found its utility across sectors. According to research, around 71% of companies have a PPM system. With the increasing number of projects a company handles, they seek people proficient in PPM.  Let’s have a look at some of the industries where PPM is of great use: IT Information technology is one such sector where project portfolio management is essential. Companies in the IT sector generally have small teams, but the individuals who are a part of the team are highly contributing individuals. In these companies, project portfolio management involves forecasting the demand and updating the skill inventory accordingly. Project managers use data-driven forecasting to select people for the right projects. Also, they help understand the burden a team member can take, and then they divide the responsibilities accordingly.  Construction Construction is one such industry where different projects operate parallelly, and the tenure of all these projects is quite long. By the time a construction project ends, a lot of things change.  Some of the major challenges that construction companies face daily include the increasing prices of raw materials, employee turnover, and a change in the company’s important stakeholders. Hence, with project portfolio management, the company can move past these changes and stay in line with the overall objectives of the projects.  Financial Services While companies in the financial services sector only have a few major projects, they have several mini-projects running simultaneously. Also, this is one sector where accuracy beats all the other elements of the business.  Hence, with PPM, companies can stay on par with the industry and keep up with their performance metrics. With PPM, they are abreast with all the changing trends, which helps them stay ahead of their timelines and complete the projects more efficiently.  Marketing Marketing teams, too, have multiple projects running at the same time. However, unlike the construction sector, marketing projects differ greatly, so they have different requirements.  For instance, one project might involve deliverables related to billboard advertising, while the other might be related to the launch of a new product. With PPM, marketing teams can prioritise the projects that contribute more to the company’s overall goals.  With PPM, companies can standardise the workflow of both small and large projects. Also, a project manager becomes equipped to forecast the demand for a particular project.  Why Should PM Work on PPM? The primary KPI of a project manager is project portfolio management. With PPM, project managers can analyse the progress of the projects and can work on any bottlenecks that might be hampering the projects.  There are several cases where a project gets halted due to a lack of planning. These projects are sometimes withdrawn as they no longer remain strategically important to the company. Project managers are primarily responsible for ensuring adequate resources for business initiatives.  If a project manager applies PPM, the project will be finished on schedule and delivered without sacrificing quality. Also, it is a project manager’s job to understand which initiatives are more important to the company so that they can start working on them.  Advantages of Project Portfolio Management A company achieves several benefits by implementing project portfolio management. Some of these benefits are highlighted below: Brings the projects in line with the objectives of the company Several surveys suggest that most projects fail because the project in question loses track and fails to meet the company’s objectives. With project portfolio management, companies bring teams to a single table where the future of a project can be discussed. Hence, the company’s goals align with the project’s objectives.  Focus on the goals of the company Several individuals work on a single project. Hence, there are high chances of personal biases in the decision-making process. The subjectivity element of projects is taken care of by PPM as it focuses on the goals of the company during the prioritisation of the projects. Instead of intuition, PPM uses different statistical models to rank the projects based on different factors and then make a choice.  Source Easy Decision-Making As several projects are running within the company simultaneously, companies might struggle to allocate resources to projects as a company has limited resources. With PPM, companies can evaluate different projects and decide which ones should be prioritised from the lot. The entire process has made decision-making easy.  Brings in Governance  Governance is a very important aspect of projects, but most projects fail to incorporate the same. With the help of project portfolio management, project managers can incorporate governance into different projects. Project managers can develop a backup plan, use data-driven methods, and guide the business properly. Steps for PPM There are five important steps to implementing project portfolio management. These steps are discussed below in detail: Step 1: First, try to understand the objectives of the company and how the direction they want their business to progress in.  Step 2: Conduct thorough research before deciding on the project’s inception. Formalise the entire process of addressing and translating the ideas into a project.  Step 3: After analysing the resources’ cost, duration and availability, you must choose the projects in the company’s best interests. Step 4: Check the feasibility and launch the project once all the stakeholders are on board.  Step 5: Once the project is launched, PPM helps manage the project and take measures if things are not going as planned. Explore our Popular Management Programs Leadership and Management in New-Age Business Post Graduate Certificate in Product Management Executive Post-Graduate Programme in Human Resource Management Professional Certificate Programme in HR Management and Analytics Executive Post-Graduate Programme in Healthcare Management Executive Management Programme in Strategic Innovation Digital Marketing and Business Analytics Certificate Programme in Finance for Non Finance Executives Certificate Programme in Operations Management and Analytics Global Master Certificate in Integrated Supply Chain Management upGrad's Job Linked Advanced General Management Program from IMT Ghaziabad Global Professional Certificate in Effective Leadership & Management Advanced General Management Program Strategic Human Resources Leadership Cornell Certificate Program Digital Transformation Cornell Certificate Program Executive Leadership Cornell Certificate Program Management Essentials Management Programs Important Tools Different tools can contribute to project portfolio management. Some of these widely used tools include the following: Decision tree analysis: Decision tree analysis is one of the most popular ways to analyse projects. It comes into the picture when a particular situation is affected by several subjective factors. The model evaluates different ways of solving the same problem.  Cost-benefit analysis: The cost-benefit analysis refers to a method where a project’s risk and reward aspects are analysed before a particular project is selected.  Objectives matrix: This tool helps break down the business’s objectives into smaller ones. Post the division, small projects are created to meet the smaller company objectives.  Scoring model: This is one of the most widely used tools in project portfolio management. It helps the project managers balance the qualitative and quantitative factors, after which several weights are allotted to these factors. The best projects are selected based on the total score.  Top Management Skills to Learn SL. No Top Management Skills to Learn 1 Consumer Behaviour Online Programs Financial Analysis Programs FinTech Programs Online 2 HR Analytics Programs Online Communication Programs Online Effective Communication Programs 3 Research Methodology Programs Mastering Sales Programs Business Communication Programs 4 Fundamentals of Journalism Programs Economics Masterclass Online Programs Conclusion PPM, or project portfolio management, has become very important given companies run several projects parallelly. Therefore, project managers must upskill themselves to effectively carry out the project portfolio management process.  upGrad’s Post Graduate Certificate in Product Management can be an excellent choice to get started! Co-anchored by Duke Corporate Education, the course will help you develop a product mindset and help you prioritise the projects that contribute more to the organisation.  The program is ranked second among all executive education programs and is ideal for people working in the project management space. You can also take up the course if you want to enter the world of project management.  Enrol today to become proficient in product management.  You can also check out our free courses offered by upGrad in Management, Data Science, Machine Learning, Digital Marketing, and Technology. All of these courses have top-notch learning resources, weekly live lectures, industry assignments, and a certificate of course completion – all free of cost! Our Top Management Articles Top 7 Career Options in Management To Choose [For Freshers & Experienced] Online Product Management Courses to Kickstart your Career Top 10 Career Options in Business Management in India 8 Crucial Business Management Skills Every Manager Should Have Future Scope of Management: Scope, Salary, Career Opportunities Career Options After MBA – Highest Paying Management Jobs 5 Key Skills Required for Successful Management Career & How To Achieve Those Skills? What is The Nature and Scope of Management? Importance of Management in Every Organisation – [A Complete Guide]

No business can function without a proper company structure. For some businesses, the structure forms naturally and organically; for others, it needs strategic planning. The importance of business structure becomes more prominent with the company’s growth and the increase in the number of employees working in the company.  Study Marketing Management Courses online from the World’s top Universities. Earn Master, Executive PGP, or Advanced Certificate Programs to fast-track your career. What do you mean by organisational structure? Before we go into the details of how to organise a business, we must learn what exactly is the organisational structure.  An organisational or business structure is the primary outline of a company, its teams, roles and employees. Following the structure will help you know the roles of the employees, their reporting heads, and most importantly, the decision-making process in the organisation. The structure also provides a sneak peek into the responsibilities of the employees and the workflow.  Your business provides an enhanced customer experience with a well-designed company structure. Positive impacts are evident in company operations as well.  Important factors influencing the organisational structure Whether creating a new organisational structure or rethinking optimising the existing structure, you must keep certain things in mind. Let us take a look at these: A long-term vision for the business You must have a clear understanding of the purpose of your business. As a business owner, you must know what you want to accomplish in the future.  Realising this vision will not happen in a day – it is a process that continues over a time span. And to make this vision a reality, the organisational structure acts as the blueprint.  Commitment towards the customers of your business Understanding your customer and target audience is a significant factor in determining the organisational structure. Every business commits to its customers – understanding that is also important.  Today customers are highly interactive by nature and love interacting with businesses. As a result, they are the principal decision-makers of any company. While creating the organisational structure, look through the customers’ lens to take appropriate decisions.  The organisational structure should be such that it supports customer promise and its expected delivery.  Understanding the ways of being organised externally as well as internally Cut-throat competition in the business world is evident. Every business thinks of innovative ways to outdo its competitors. In such a situation, being organised internally as well as externally becomes mandatory.  Think about the functioning of your company for achieving the various goals. Try working on these lines: Determine ways your teams and employees can work together to achieve business goals.  Understand which kind of company culture serves your customers best.  The ways in which business decisions are taken and if there is room for improvement. The authority level required for making decisions.  Basic elements of a business structure No organisational structure can be made without aligning its fundamental structure. Depending on your business requirements, you can add more components and building blocks.  Source Let us take a look at the basic elements of a business structure. Departmentation For the organisational structure, departmentation is a primary element. You can cluster your teams based on similar responsibilities and job roles. It also helps in understanding the connection of one department with the other.  Chain of Command The chain of command is regarding task delegation and work approval. With an organisational structure, you can understand the different steps and layers of a particular department or the business line as a whole.  Precisely, it gives a clear picture of who assigns work to whom and what kind of work. Also, it helps in setting clear communication through the entire loop.  Centralisation Centralisation covers areas where ultimate decisions are made. When your chain of command is ready, you will need to choose people from each department responsible for taking decisions. It ultimately depends on the business who will be the key decision-makers. Will the responsibility be endowed with one or two eminent entities, or will the final decision be taken by a specific department or team handling that particular work?  Span of Control The span of control stands for two things – which tasks come under management and which come under any department’s responsibility. This structure helps in avoiding double-works from different teams and departments. You can also identify the gaps, if any, in your business structure.  How to create an organisational structure and organise your business? Now you have a clear idea of the essential elements of a company structure. With this knowledge, you can start building your organisational structure or reshaping the existing system.  Let us take a look at the process of creating the structure: Planning the future Try planning as much and as far as you can. If you are a new company, try planning for the coming 3-5 years. The planning should be done for ten years or more for older organisations.  Take the past into consideration If your organisation is old, consider how the various departments work and coordinate with one another. Check out things that did not work out between different teams.  Repairing the gaps and then thinking of organisational growth and development is always better. Making progress is next to impossible until and unless the problems are sorted.  Start building the organisational structure Like a jigsaw puzzle, start organising a business structure. Concentrate on achieving the set business goals with efficient and optimal workflow so that customers are satisfied and happy.  Organise your employees on the basis of region, function (different departments) or product line. You can check out various organisation planning software for further help.  Hire people With existing employees in your organisation, start adding their names for a defined role in the company. For a new organisation, start hiring suitable candidates for various positions.  Employees might need to develop certain skills for a specific job role. An organisation often provides training programmes for such candidates. The new job role might be a more responsible one than the previous role.  Striking a balance between responsibility and authority An employee might not fit within the organisational structure. However, this shouldn’t stop you from endowing responsibility and authority to the employee. The lack of responsibility might make an employee feel disengaged and unmotivated.  Include employee metrics and data in the organisational chart With employee metrics and data, you have detailed information about a candidate in a particular job role. You can also include each candidate’s performance ratings and tenure in the chart.  With this data in hand, you can plan for your organisation’s candidate. Employees who are sincere, hardworking and loyal can be endowed with more responsibility and authority.  Make sure to review the company structure annually  It is a must that you review the organisation structure annually. Along with ensuring relevancy, you can plan for the coming year. Your business structure should be dynamic and not static so that you can change the structure as and when needed.  Explore our Popular Management Programs Leadership and Management in New-Age Business Post Graduate Certificate in Product Management Executive Post-Graduate Programme in Human Resource Management Professional Certificate Programme in HR Management and Analytics Executive Post-Graduate Programme in Healthcare Management Executive Management Programme in Strategic Innovation Digital Marketing and Business Analytics Certificate Programme in Finance for Non Finance Executives Certificate Programme in Operations Management and Analytics Global Master Certificate in Integrated Supply Chain Management upGrad's Job Linked Advanced General Management Program from IMT Ghaziabad Global Professional Certificate in Effective Leadership & Management Advanced General Management Program Strategic Human Resources Leadership Cornell Certificate Program Digital Transformation Cornell Certificate Program Executive Leadership Cornell Certificate Program Management Essentials Management Programs The crucial decision-making process The senior management and leadership team are the ultimate decision-making authorities in most organisations. However, suggestions and ideas must be taken from all company strata.  All the employees should be encouraged to put forward their ideas and suggestions in the crucial decision-making processes of the organisation. Employees handle the daily work in the company and know the team dynamics and other intricate things.  This employee feedback is crucial, and you might get a strategic vision for the future. Again, there are certain areas that senior leadership and management of an organisation can handle and understand best.  For best results, feedback and suggestions from all levels of the organisation are taken into consideration.  Top Management Skills to Learn SL. No Top Management Skills to Learn 1 Consumer Behaviour Online Programs Financial Analysis Programs FinTech Programs Online 2 HR Analytics Programs Online Communication Programs Online Effective Communication Programs 3 Research Methodology Programs Mastering Sales Programs Business Communication Programs 4 Fundamentals of Journalism Programs Economics Masterclass Online Programs Conclusion For any successful company, you must have an organisational structure. With a proper business structure in place, you can work on your business goals successfully and have satisfied and happy customers. One company structure might differ from the other; it is not a one size fits all concept. Look for the most suitable structure for your business and implement the same.  Professionals interested in learning about various business structures can take up an Executive Post-Graduate Programme in Human Resource Management from upGrad. Along with personnel development, the course focuses on HR Analytics, creating positive organisational work culture, people management, reward and performance management and other topics. Designed for working professionals, the course has 300+ hours of learning with 30+ hours of live sessions, practical hands-on Capstone projects, case studies and assignments and many more.  Apply now for the programme and earn a prestigious certification from LIBA. Our Top Management Articles Top 7 Career Options in Management To Choose [For Freshers & Experienced] Online Product Management Courses to Kickstart your Career Top 10 Career Options in Business Management in India 8 Crucial Business Management Skills Every Manager Should Have Future Scope of Management: Scope, Salary, Career Opportunities Career Options After MBA – Highest Paying Management Jobs 5 Key Skills Required for Successful Management Career & How To Achieve Those Skills? What is The Nature and Scope of Management? Importance of Management in Every Organisation – [A Complete Guide] You can also check out our free courses offered by upGrad in Management, Data Science, Machine Learning, Digital Marketing, and Technology. All of these courses have top-notch learning resources, weekly live lectures, industry assignments, and a certificate of course completion – all free of cost!

Why Do You Need an MBA Currently, there is a booming number of career options to choose from, complete – packed with the sheer amount of potential in them. So is the abundance of highly skilled and educated people for these crafts. Such times call for a damn good post-graduation programme to hone your skills as well as get you in the right ethics. What better than an MBA program that comes with all that you need and some more?  Career Advantages After Doing MBA:  Apart from giving you an excellent salary in your first job, what else can MBA give to you? Well, for starters with an MBA, you can quickly get into a top management position at your company, make some excellent networks and finally set up your empire. If that isn’t good enough for you, then here are the fool-proof reasons (with statistics) that why you should pull up your socks and get into an MBA programme right away: Rise Above Entry Barriers Several blue-chip organizations take only MBA graduates (even at entry-level positions) in their hiring policy. Such organizations promote a costly development scenario where you can quickly move up the ladder once you’re in! Learn High-End Management Skills MBA applicants are considerably younger in their starting and come with a maximum of two years of professional experience. An MBA specialization would help you know the Nuances of the company’s operations. Here are the things that your MBA programme would help you to have a grasp on: Manufacturing, Advertising, and Selling your products online Maintaining a regular flow of a company’s finances Acquiring aptitude about how the business world works Hiring the correct people for the work  Building hierarchies and making the company thrive Going to lengths and breadths to complete deadlines If you’ve been a keen student learning all your life, pulling off high scores and learning new things every day – an MBA programme is the reality check you’d need to understand how little you know about how the business world functions. The MBA programme at a good B-school would help you crack up any ignorance in you and help you learn the newest management techniques and a self-challenging scenario. MBA or MTech / MS – What to Choose After Engineering Going Places – Literally! If you’ve always wanted to work in new places, then choosing a good MBA program can be a great start to a long-term view of settling down in a home for work post-graduation. For the students who are new to the ‘international mobility’ school ratings, the visa regulations must be made clear to them as some MBA rankings are based upon them. International mobility can be defined as the percentage of graduates who end up working in a different country than the one they hail from. Say Hello to High Salaries Job security and a high salary are the reasons why good MBA programmes are looked upon in recent times. From the popular career choices like business operations  Manager, management analyst, market research analyst, etc. The average salaries for MBA graduates: U.S: 84,650 EUR/year European countries: 100,000 EUR/year Learning Team Work and Team Building Just like every other right school, you can work closely in a series of team projects, except that in any good B-School you are highly likely to work with experienced professionals (and also good performing ones) in a team and learn the ways of the work. Though this would have been a great thing to know (and master) before entering into an organization, the B-School is an excellent opportunity for self-evaluation and learning the fundamentals of team building at the same time.  Career Options After MBA – Highest Paying Management Jobs Stand Out Amongst Others For an MBA graduate, things start excitingly taking shape when the very same degree becomes the catalyst in dozens of chain reactions that work in favour of yourself against thousands of applications (even the experienced ones). This is because the MBA degree shoots up in the eyes of potential employers who need an expert in their organization, who, later in their career, can prove to be an excellent resource to the company.  Most people think that an MBA is all about getting more significant pay and high-end jobs in an organization. But in reality, there are several tiny, yet fierce points that you’re probably missing out on when enrolling into an MBA programme at a good B-School that would mean a lot, several years down the line: Reasons How MBA Can Help:  Enhanced Creativity It’s a common misconception that an MBA is only deemed fit for facts and figures. Instead, MBA graduates are known for their practical, creative ideas as well as sharp strategies in the industry. After all, originality holds the same relevance in the commercial sector as much as it is relevant in the music or art industry. The art of ‘manage’ people: Yes, that’s what is the secret sauce behind all those management classes’ prep talks. Before B-School, you never had the requirement of managing big teams in terms of co-working towards one big goal. The B-Schools are quite crisp in defining these set of concepts that you need to listen to stop snickering and start opening up your ears. Having a way with words: People at B-Schools can talk. Like a pro. Being eloquent speakers (and listeners), B-School students in general, get approached by a lot of employers, and people and know how to make the most of them. Getting numerous amount of possibilities, the noble art of weaving thoughts immediately into snappy responses is something that you’re going to cherish forever. Re-focusing Yourself It has been a common trend that the career window of an individual opens and closes too soon – in between the mid to late ’20s. Racing against time, an MBA programme can be your answered prayer to finally do, learn and work in a sector that you’ve always wanted to get in, but couldn’t. For example: If you’ve worked in content management in the struggling seven to eight years of your career, but have wished to move into publishing for long – now is the time when you can finally do so. Evolving at a breakneck speed and the publishing industry will prove to be a great litmus test for your MBA career – given its dynamic trends and growths. With the right classes in the publishing industry MBA degree, you’re on your way to regain your focus and get the throttle set to high. Top reasons why an MBA is important? Move the ladder fast The MBA degree allows you to move up the ladder fast. The MBA allows you to accelerate professional success much faster as opposed to without MBA. If you also move up faster and get better opportunities with a high pay scale, and this is why do you want to do MBA then you should definitely go for it.  Makes your job ready The MBA allows you to become job-ready. It shapes your career so that employers would see you as an asset to their company. An MBA inculcates such qualities in you, which help you to withstand various challenges and difficulties that may come your way. This is another reason why you want to do MBA. Networking Another reason why do an MBA is when you end up in a B-school, you get to involve yourself in networking which helps expand your circle. You get to know people who hold the same tag as you of alumni from a reputed B-school, who could be spread globally and our future business leaders.  Unlock your own potential The curriculum of an MBA is such that it polishes the students. The students are put through various situations academically and in extracurricular activities. This allows them to discover new traits of their personality.  Build technical skill sets The MBA helps one in learning the technical skillsets which are useful for long-lasting career growth. Having technical skills helps individuals to get a competitive edge and gain benefits over other individuals. Technical skills help you to solve business problems taking much lesser time.  When it comes to getting into an MBA programme from a recognized university – there are no wrong answers to it. There are plenty of reasons and advantages that you may identify yourself with. Even if everyone may have their purposes, an MBA degree is an excellent headstart you’d need to reap sweet rewards!  Read more if you are interested in doing IMT Ghaziabad & upGrad’s PG Program in Management Specialization in Sales & Digital Marketing. which offers 2 live projects, 13 case studies, IMT Alumni status, 250+ Hiring partners and more.  Learn MBA Courses from the World’s top Universities. Earn Masters, Executive PGP, or Advanced Certificate Programs to fast-track your career.