Be a Strategic Manager with a Good PGDM program

Correct usage of strategic management techniques can take a company to the heights and learning strategic management becomes possible via a PGDM program from a top B-school in India or abroad.

Strategic Management includes preparing the business strategy of the entire organization and aiming daily operational choices with that technique. A technique needs a clear definition, which means the strategic control procedure must involve the cooperation of supervisors and other workers throughout the organization. The role of Strategic managers is increasing day by day because of the advancement in technology, change in government regulation, global environment, and many other factors. Through the strategic planning, an organization can achieve its objectives.

One way to acquire detailed knowledge and practically design the strategic moves for the company is with the Post Graduate Diploma in Management (PGDM) program. This two-year full time integrated program which is offered by one of the prestigious and one of the Top B-Schools in India named IILM with its 3 centrally located campuses in Delhi-NCR. IILM is the unique destination for the aspirants ready to learn and practice strategic management. The Faculties are IIM's pass out and deliver an in depth knowledge lectures to the students and give them a practical approach to the subject which helps them in the future goals.
Strategic control is designed to help organization management move the company into an aggressive place in the organization industry. Strategic management includes Porter's five forces model, Competitive analysis, and other methods which help the company monitor its business model closely.  These methods ease in running the business in a structured way and help in improving the effectiveness of the business. Each goal in a strategic control is applicable to achieving the preferred place. Before the strategy can be written, the senior control group must define the preferred target for the organization in the industry. Spending sources on organizational activities that don't link to the strategic objectives are not validated.

Strategic control requires an ongoing commitment from the group. Once a preferred place in the marketplace is reached, a corporation must maintain and improve it through new strategic objectives. With the ongoing uncertain change in the economic environment in India and abroad, one should be prepared in every sense to counter the unseen challenges which can be harmful, if not analysed properly. This is essential because it keeps the manager of each organization unit focused on internal improvement. Ideal control is also essential in demanding sections to work together for combined objectives and benefits. All these essential strategies are incorporated amongst the students through the PGDM program at one of the Top B School in Delhi-NCR and AICTE approved colleges.

As a company uses strategic control preparing to negotiate its industry place, it increases its aggressive benefits. It makes more use out of the same sources through better resource allowance. For example, some organizations, such as some public agencies and small companies, create a fixed price range for the season. A tactically managed organization looks outward and surveys its organization place throughout the season. It dynamically allocates price range funds so that inflexibility in budgeting does not decrease its aggressive benefits.

So, we can make out from the above points that it is necessary to consider all of the sources of the organization, such as workers, technology and organization knowledge, and how best to organize them into organizational processes while taking strategic decisions. Each organizational procedure will play an essential role in meeting its specific objectives in support of the strategic objectives of the organization and these strategic planning objectives are well taught by the international as well as native industry personnel at this Top management institute in India.

Opportunity in Operations with a Good PGDM Course

Have you ever noticed that besides the Marketing, Finance and HR specializations, Operations also carry a lot of good opportunities with it?  This blog will talk about the scope of Operations management as far as good career options are concerned and some myths about this specialization.  In simple words, Operations Management is one of the core functions of any company, whether it produces a product, provide services or solutions, and is present in private or public sector both.

Now, the PGDM course from a Top B-school in India offers Operations as the core specialization which can be opted with Marketing, Finance or HR. Colleges give three options while choosing specialization. One is that student can take all the credits of a single specialization which is called core in management terms. Second is that they can take a Major-minor options wherein they take more subjects of one specialization and less of other. Third is the dual specialization where the subjects are equally distributed.

The operation’s management part of the organizations is usually headed by the Chief operating officer (COO) or Chief executive officer (CEO) and some other similar profiles in different companies. The best part of the operations department is that it has to deal with every department of the company, namely Marketing, finance, HR, customer support, strategy/planning, technology and many others. This raises the responsibility of the operations manager towards the working of the company.  In IT dept., you can always find the operations related person.

The Operations management consists of subjects like Supply chain management, Project management, and Operation engine 1 and 2, and many other logistics related subject which helps the students from learning the basic of Operations to advanced level.

During 3 months internship period after the end of 1st year, they experience the working of operations department in a practical way which makes their interest in operations more concrete. They experience the applications of the skills, strategies and methods learned in the course through the projects they undertake during the internship. PGDM from a Top management institute in Delhi-NCR like IILM delivers a practical course which helps them in making careers in Operations. There is a myth that only students with engineering background have good scope in operations because of the coding and knowledge of technical terms. But it’s not the reality, because PGDM course from a Top b school in India helps in preparing student as a dynamic manager who can take care of any department of the company.

So, we can conclude by saying that Operations Management plays a big role in the development and growth of any company in many different ways. With Globalization, the scope of operations related roles are increasing day by day and with the advancement in automation and technology, many departments are being opened under the Operations head. The international exposure, industrial visits, international faculties, helps to maintain a balance between learning and applications. So, non-engineers, you can certainly go ahead and follow your interest in operations management specialization 

IILM PGDM Placements - Prospects of a Bright Future

Making Dreams Come True

Dreams have different many different facets for different people and the ones who have succeeded have dreamed in their life. But what is the dream of a PGDM student pursuing a Management course from a Top B-school in India? Through this article, we will see that How a PGDM degree can help making dreams come true for PGDM aspirants.

Steps for the Bright Future: The IILM PGDM Journey

IILM helps students in exploring placement opportunities by inviting companies for campus recruitment. The final placements at IILM are a culmination of systematic and continued interaction with industry, and ongoing and enduring counseling as well as grooming of the students by mentors and Career Development Centre (CDC).  Everything goes step by step to make the process smooth and steady. There are Pre-placement talks organized by the CDC team where both 1st and 2nd year students are encouraged to attend. This is so because this helps the 1st year students know what companies are expecting from them at the end of the program for recruitment purpose. And for the 2nd year, it is a chance to buckle up their preparation for cracking the companies and to clear their doubts regarding final placements. After that, they meet the officials directly on the day of Interview.

There is a very interesting fact about the placements that I would like to share with you all. Fact is that you don’t need to be a topper for getting good placements but yes; cgpa matters in some company’s case. Basically, it is based on the overall performance because nowadays companies need an employee that is an all-rounder and not just a Bookworm. They see the interest in the sports, co-curricular activities, traveling and also exploring new ideas. There are many companies which have recruited students from IILM. Companies like Amazon, Grail Research, INTEX, Naukri.com, Protiviti, HDFC, Edelweiss, Kotak Mahindra, Oxigen, Tybros, Keysight Technologies (off shoot of HP), Oyo rooms, PWC, Floret, Evoque, Bonton Cables, Icons, Fortis Health care, Methodix Systems, Yes Bank, Spandana Sphoorty Financial Limited, Marico etc. etc.

There are 5 main specializations which Top B-schools in Delhi-NCR like IILM provide to PGDM course pursuing students. Those are Marketing, Finance, HR, Operations and International Business. The average package that goes every year comes to 7.5 LPA. Maximum students opt for Marketing Profile followed by International Business, Finance, HR and Operations.  Alumni also play a big role in the coordination of CDC team in helping to provide placements to their juniors. The One Month Global Study Program also helps them gain the Global exposure and make them Global Managers. The management college also allows students to go for International summer internships to grab the global opportunity and get an overall development.

So, this concludes that the dynamic cultures provided in PGDM Institute, which is an AICTE approved college, gives it an edge over the competition in terms of Placement and Exposure. This ultimately leads its PGDM students to achieve the Dream Job and a Bright Future. The events conducted during the 2 year Journey enlightens the students with the Practical corporate world and make them ready for the Interviews of Campus Placements.

Be ready to explore the opportunity of Internships, Live projects, Placements with the IILM corporate tie-ups which guarantee a Bright and Successful Future.

Corporate Exposure With PGDM

PGDM Program - An Ideal Destination for Aspiring Managers

Businesses nowadays are more concerned about recruiting those Graduates who are having a good amount of corporate exposure with them. That's why they remain keener to take students who have a prior experience in the corporate culture. The culture makes them efficient and multi-talented. With these skills, the businesses grow and believe me they grow well. So what happens if they don't have the experience and want to achieve their goals in business management? Here comes the role of a good PGDM Institute. The learning they get in the environment of a Top B-school of India results in their holistic development, and with that they secure a good position in a company and in the market.

What do these PGDM colleges do for providing such a great corporate exposure? The events planned by these colleges throughout the 2-year journey which includes the Alumni Meetup, Conferences, Seminars, Workshops and Guest Lectures, contribute to this cause. With several years of experience and efforts, the Industry professionals convey a ground reality of the corporate culture which many of the students pursuing PGDM are unaware of and have several myths regarding that. They get a chance to speak their minds and clear their doubts which would otherwise take a lot of pain in getting. Most of the Top B-schools in India have separate Placement cell which has the responsibility of arranging these events and providing the required exposure to the students. This is what makes Post Graduate Diploma in Management an ideal destination for making careers in Management fields.

Gaining Exposure

What makes the program more interesting? The knowledge that is imparted to the students, theoretical as well as practical, by the well-experienced faculty makes it worth. This helps them in their future because it develops them as Leader, An Entrepreneur, A good Planner, A good Manager and more skills can be developed if taken this course seriously. As such one should be sure to take admissions in the AICTE approved colleges only. The list can be seen on the AICTE website.

Reason being the continuous Industrial Visits, Conferences, Alumni Interaction makes it the Best option for pursuing PGDM. Being a Tech-savvy institute, IILM makes the best use of Wi-Fi enabled campus by teaching through videos, brainstorming by simulation exercise and much more. A Large part is played by the projects that are being allotted in these 2 years which is purely industry related. The FIELD course which consists of making a Business Plan gives a remarkable exposure to the students which prove very beneficial for the future. There are many courses and assignments which are taught by International Faculty members from our Partnered Universities and Colleges. They give an International exposure to a student which is the need of an hour as the companies are going Global these days. So these Visits, Events, Course curriculum, International faculties, and placements add to the unmatchable exposure to the students at Top B-schools in India like IILM.

PGDM - Sure shot key to Corporate Success

In current times, every company needs a group of expert professionals to endure the competitive business atmosphere. However, a manager must be qualified enough to handle the difficulties a company encounters throughout its existence. Competent experts pass on their capabilities on to others through management education institutions. Management institutions among the Top 10 MBA colleges are spread across the world in great numbers. However, the role of a B-school is not limited to educational progression or improvement of understanding as a Post Graduate Diploma in Management (PGDM) program from Top 10 MBA colleges concentrates on developing knowledge and improving the capabilities vital in order to sustain in the corporate atmosphere. Some of these competencies include company research and decision making capabilities, group capabilities, interaction and leadership ability.

In a recent study, it has been found that there will be large demand for management professionals in India in the next five years. This is the reason why a huge number of students from Top 10 MBA colleges are now concentrating upon high quality management education and this has enabled many educational institutions to offer two year full time PGDM course program. There is always a discussion among the prospective students as to which course is better- PGDM or MBA. When opinions of many experienced personnel were taken into consideration, it was observed that PGDM program is equivalent to the MBA program and in some of the aspects, it is even better than MBA.

PGDM and its benefits

PGDM program which is offered by AICTE approved colleges is industry oriented and is perfectly suited for the students who are interested in making a long term career in the field of business administration. One more advantage of PGDM program is that the course curriculum is periodically updated as per the requirement of the industry and this helps the aspirants to acquire the most up-to-date knowledge of their field. The specialization options available in the PGDM program enlighten the students about the specific subjects and enable them to be the jack of all & master of one.

Although, there are many best B-Schools in India which offers PGDM course program, there is one B-school which is unique and truly understands that in order to survive in this fast paced competitive age, one has to be innovative. Through its global curriculum this institute named IILM encourages leadership & entrepreneurship development as this out of the box initiative permits the candidates to take up creative projects and thereby learn the business strategies as per the practical world’s requirements.

How to choose a PGDM Specialization?

Once you have decided to the pursue PGDM program, the next step is to opt for a specialization. It is a very crucial decision for a management aspirant to choose a stream. This is because you have to spend two years studying the subjects related to it. Also, the recruiters will hire you based on your specialization. Almost every college providing PGDM course has almost same type of specialization. For instance, if you have pursued PGDM in HR then you will be hired by a recruitment firm for the role of an HR. These are mostly in aicte approved colleges in India.


What are the different types of specializations for PGDM course?

PGDM in Finance

Post Graduate Diploma in Finance covers finance management, cost accounting, mergers and acquisition, etc. Finance is the life blood of any organization irrespective of its size, location or nature of business. A management degree in finance will open many doors for you.

PGDM in Human Resource Management

It is said that manpower is the backbone of every organization. An HR is a person in any organization who hires the employees based on the requirement and deals with their overall work and development. As an HR, you get to deal with talent acquisition, payroll, industry trends, government regulations, performance management, organization insights and much more.

PGDM in Operations

PGDM in operations is focused more on the technical subjects. You will get to learn six sigma principles, quality management, logistics, etc. The concepts of effectiveness and efficiency of any organizations revolve around the operation management.

PGDM in Marketing

Marketing is the most dynamic field. It involves brand management, marketing strategies, advertising, business trends and patterns.
Nowadays, there are a number of other specializations too, like tourism, supply chain management, retail, etc. These specializations are mostly taken up by professionals who have gained relevant experience in that field.

Steps to Choose PGDM Course Specialization

Students should consider a few basic factors before they choose a specialization. It often happens that students choose a particular specialization while enrolling for a PGDM course in Delhi-NCR or other places. However, they hop to the other in the second year of their course. It is highly recommended that you should think from various perspectives before you make a choice and then be firm on it.

Goals and aspirations

It is most important that you should have definite goals for yourself. If you think you are more technically inclined, operations is an ideal choice for you. In case you are more of a people’s person who understands human psychology, you are suitable for HR role or marketing. Similarly, if you aspire to be an investment banker or like to play with numbers, go for finance. Look out for top management colleges in India for more information on this topic.

Educational background

It is said that people from engineering background should go for a specialization in operation. If you have some experience or degree in accounts, it is needless to say that finance is your field. A more creative individual should choose marketing. You can think on the same lines for HR.

PGDM College

Once you are sure about your aims and interest, choose top MBA colleges in India that offers the desired specialization. The college should provide placement opportunities. Another key point, make sure that the college or university has the necessary accreditations and approvals.

MBA Courses for your Better Future

One of the most prestigious courses in our country is Masters of Business Administration (MBA). This degree is significant because they provide excellence in the chosen subject along with overall knowledge of all management subjects.

It is very important to find a right course for your profile and growth. If you are an MBA aspirant, make sure to understand your subject of interest and then go for the course. There are many MBA courses in Delhi, you can opt for, some of which are mentioned below.

MBA in Finance: Finance stream is one of the popular courses, that is popular among the aspirants. It gives a detailed knowledge of costing, budgeting, International Finance, Capital Management, etc. This expertise prepares you well to handle the financial department of any organisation, plus banking sector is continuously in search of such candidates.

MBA in Marketing: Another fondly chosen subject by MBA candidates is marketing. Searched out by multi-national companies and reputed institution, MBA in Marketing graduates step on to thousands of opportunities. It makes you efficient enough to strategize and develop business ideas, to enhance the company's evolution. Few roles that will fit you with marketing are a Marketing manager, Product Manager, Sales Manager, Market research analyst, Corporate Sales manager, etc.

MBA in International Business (IB): With the increase in the globalisation, international companies are stepping up to the Indian market. Apart from that, in look out for a better future and chances many professionals consider moving abroad. To have a better understanding of the how international market works, studies of International Business is important. It imparts skills pertaining to specialise in subjects like finance, marketing, development, etc.

MBA in Health Care: MBA is healthcare covers every detail on the business associated concerns in health care sector. It makes you efficient to deal with the specific issues of management and structural working of the hospital and related institutes. After the degree, you'll be taking care of supervisory functions of the hospital. You get opportunities in Healthcare IT, Wellness Centers, Primary Healthcare chains, etc.

These are few courses you can opt for if you are looking for a degree that provides you with excellence and heights of success in your future. To go for MBA courses in Delhi, IILM is an institute that gives out the best of this professional degree to its candidates.