Category Archives: mbabba

6 Steps to choose the right Business School.

Have you recently graduated and looking for an absolute business college? If business studies excite you and you want to learn it, first you should be able to choose a good business school for yourself. Business schools provide you with a life-changing experience that aids your imaginative skills and ultimately enables you to pursue your highest aspirations.  

Why is it important to compare and then select a business school?

Before moving on to the actual steps of selecting a business school, first, you must know why is it important? It is crucial to wisely compare and then choose a business school because of the following reasons;

  • –You must understand the application requirements: every college have their own system of selecting students, so pay attention to it to get selected in your desired college.
  • –You need to identify alignment with your post-MBA career goals: carefully analyse how each college would help you shape a better and more successful career 
  • –Also, to identify the aspects of business school that you value: first analyse what you are looking for. Is it getting greater salaries, getting higher posts, or building leadership qualities? Then choose a college accordingly
  • –To understand the cost of pursuing an MBA: calculate your finances and how much you are willing to invest in the course.
  • –Determine your chances of getting into your target business school: read about all the colleges you are applying for. Then deeply introspect and reflect upon your own skills and determine how much you need to prepare to get into your desired college. 
6 Steps to choose the right Business School.

How to shortlist a business college?

Now that you know why it is important to compare and select a business college, now you need to know how to do it. These six steps would help you shortlist a business college for yourself;

  • –Identify your goals: introspect and identify what you are seeking from this course. Identify your post-MBA career goals in advance.
  • –Assess yourself: a self-assessment serves both as a reality check and as a guideline to improve your profile, and become worthy of securing an admit to a top Business School.
  • –Selecting a business school: look for the following factors while choosing a business school
    • ..Ranking
    • ..Course structure
    • ..Location
    • ..Scholarship programs
    • ..Career report
    • ..Total cost 
    • ..Course structure
    • ..Student services
    • ..Infrastructure
    • ..Teaching methodologies
    • ..Extra-curricular activities
    • ..Canteen
    • ..Chances for personality improvement, etc.

You should always make your life decisions wisely whether it is about choosing a college or making other important decisions in your life. So, these are the factors that can help you choose you’re a great college and probably help you achieve your dream career.

Job Seeker or Job Creator: Scope of Entrepreneurship.

Do you often dream of being your own boss? Do you like handling people and doing something good for them? Imagine what you can do after you learn to unleash the power of your passion and zeal? So, if you are interested in becoming an Entrepreneur, then studying about it professionally could help you in the long run. 

What is Entrepreneurship?

Entrepreneurship is the process of designing, starting and managing a business venture, which mostly is a small business at the initial stage. The people who run these ventures are referred to as Entrepreneurs. Furthermore, people generally think that Entrepreneurship is just about opening a new business, but it is much more than that. it also involves how you reach your customers or clients, and convince them to buy your product or service. 

Scope of Entrepreneurship study

There is a lot of scope after studying Entrepreneurship, especially in a developing country like India. According to statistics, more start-ups and business ventures are launched in the least developed countries. Therefore, there is a tremendous scope in this field. In the study of Entrepreneurship, you can learn how to manage and run a business effectively for maximum profit.

entrepreneurship course

Courses and tenure

There are a lot of courses available in the field of Entrepreneurship study. You could pursue diploma, degree, certificate, graduate or undergraduate courses in this field. Furthermore, the courses available in the field of Entrepreneurship study are as follows;

  1. –Diploma in Entrepreneurship
  2. –Certificate course in Women Entrepreneurs
  3. –Certificate in Entrepreneurship Management
  4. –Post Graduate Diploma in Entrepreneurial Management,
  5. –Post Graduate Diploma in Entrepreneurship
  6. –BBA in Entrepreneurship
  7. –MA in Social Entrepreneurship
  8. –Master of Business Administration (MBA) in Entrepreneurship
  9. –MBA in Family Business & Entrepreneurship

Skills required

The following skills are a must if you want to pursue in the field of Entrepreneurship. Those skills are as follows;

  • –Problem-solving skills
  • –A better understanding of business & market economics
  • –Teamwork and networking skills
  • –Creativity
  • –Good Communication Skills
  • –Self-confidence
  • –Risk-taking ability

If you lack in any of the above-mentioned skills, then you could join various classes related to personality development and other skills development courses. 

Entrepreneurship is the field of study which holds multitudinous opportunity for everyone perusing it. You just have to learn everything effectively and execute what you have learnt when the right time comes. However, entrepreneurship also is risky and definitely not for people who cannot handle failure. According to statistics, most of the startups fail due to factors like, early giving up, lack of funding, lack of support, etc. So, if you want to choose this field, then you must learn how to handle failures and more importantly, NEVER GIVE UP!

The Basics of the Most Powerful Time Management Technique: Pomodoro Technique

Pomodoro technique is a powerful time management technique invented by Francesco Cirillo in the late 1980s. He developed a time management method that included regular intervals. This technique has proven to be one of the most useful and practical approaches to time management for many people, including students, programmers, working professionals, etc. Let’s see how this technique works and why it is so effective?

What is the Pomodoro technique?

The Pomodoro technique was first invented by Francesco Cirillo when he was a student himself. He developed this method to manage his time in college and deliver his best within the given time. Furthermore, the name, on the other hand, was coined from the Italian word “Pomodoro” which when translates to English means tomato. Tomato or Pomodoro because he used a tomato-shaped timer as a part of the process. So, what exactly is the Pomodoro technique? It is a method of managing time by breaking it down in intervals, traditionally of 25 minutes in length, separated by short breaks. His method was so powerful that now many apps and websites provide timers and instructions about how to perform this technique.

What to do in Pomodoro method?

Traditionally, the Pomodoro technique consists of six steps which are as follows;

  1. Choose the task you want to work on. You can just pick any task or work as per your preference. 
  2. Set the timer for 25 minutes. You do not need the Pomodoro timer for that, you can just use your regular alarm clock or your smartphone to set the timer/alarm.
  3. Work on your task until the timer/alarm rings. Be focused for that amount of time on your work only. Do not get distracted.
  4. When the timer/ alarm goes off put a checkmark on a piece of paper. This will indicate that you completed a task.
  5. Take a break. Meditate, sing or listen to a song, drink a cup of coffee, etc. basically anything other than your work. This will help your brain to relax. However, you must remember that you need to take a short break, anywhere between 3-4 minutes.
  6. After every four Pomodoros take a longer break. You can grab your lunch at this time. Your break should range anywhere between 20 to 30 minutes. This will give your brain to relax and ready for the next set of Pomodoros.

Pomodoro technique, Timebox, Iterative and incremental development etc. are all impelling time management techniques which can help you better manage your time. Furthermore, by using these tools you can become better at managing your time naturally as it will eventually come into the habit. 

How to make decisions as a leader: Tips for management students

There is a famous saying “great leaders are great decision-makers.” It means that if you want to become a great leader and manage a group of people under you, you must develop your decision-making skills. Moreover, being a management student, this is the very basic but important skill you must learn. 

Great leaders know how to balance their sentiments and make essential decisions based on what should be done, rather than doing something influenced by their personal choices. Here are three powerful qualities you need to master to become an exceptional leader. 

 

Emotional intelligence

Emotional intelligence is the ability to understand and manage your emotions including those of others. It is one of the most important qualities a leader must possess. Emotional intelligence includes self-awareness, social awareness, self-management, and relationship management. Where self-awareness is the foundation for all aspects of emotional intelligence.

Emotional intelligence is necessary

 

Uncertainty management

Life is full of uncertainties, but we as humans are not very fond of uncertain situations. We do not like changes or secrets in our lives. We wish for the smooth running of our all situations in life. But this affects our decision-making power. Additionally, what makes making the right decisions more difficult is because we fear the outcomes might be uncertain and variable. The key is in accepting the uncertainty rather than trying to resolve it. Doing this will eventually help you focus the limited time, energy, and money used in making the best decisions. 

Accept uncertainty


Empathy

Understanding the psychology of others is an important part of leadership. Many think that a leader is someone who is strict and not connected with their people, but it is not the case. Great leaders know how to connect with their people and understand their problems by coming to their shoes. 

Put yourself in other’s shoes

The secret to becoming a great leader or manager is that you need to be able to control and manage your own emotions, understand other people’s emotions and connect with them. However, these are not the only skills that a leader or a manager need to develop in them. There are other factors too that affects the decision making of a manager such as Political Awareness, patience, great memory, and even luck. 

MBA & BBA

TIMT’s Management Department is designed to nature students and helps them build and enhance their managerial competence. The meticulously structured programmes