International Business Management – An Insight into Scope and Salary

Entrepreneurship MBA
In today’s world of globalization, where opportunities are extensive and manifold, every business demands expansion. The relentless competition in the domestic market and increasing need for business sustainability has forced organizations to search new markets in the domain and optimize their profitability. As a result, there is a massive growth in the domain of international business. However, attempting to trade beyond the domestic boundaries is not a walkover. Companies have to practice out-of-the-box business procedures and strategies that help establish their presence in the worldwide market. This is where the demand for international business management enters the scenario. Individuals specializing in international business management are highly sought-after by big companies nowadays to guarantee organizational advantage and business development in the foreign grounds.

To become successful in business, students need to develop a global business mindset. If you want to understand the distinct business management practices in the worldwide market, a Master’s in International Business is an ideal option. So what makes this degree gain popularity recently? Does it hold good career prospects? Let’s delve deeper into knowing the scope and prospects of this management specialization.

MBA in International Business Management:

MBA in International Business is a specialization postgraduate programme that imparts the students with the essential know-how, skill sets, and training that enables their transformation into efficient managers who can successfully work in the global economy. The program provides students a better insight into the contemporary global business environment and helps them learn to see how globalization has given rise to increased ‘connectedness’ of businesses, markets, and people in the international arena. Apart from business management concepts, an in-depth knowledge and understanding of global markets is essential to take advantage of the wide range of opportunities in the global business world and this is what exactly this program does.

For those big companies that want to internationalize their business operations or carry out cross-border mergers and acquisitions, there comes the need to align with the global environment and adopt strategies and trends that can withstand strong competitive conditions. Individuals specializing in international business management are considered the key asset for these companies to get through the international market. As a result, there is a buoyant demand for international business postgraduates who can improve business performance by competing in the global marketplace, and generate and innovate ideas to handle international challenges successfully.

International business studies give students a better insight and knowledge about world cultures and business community, which is indeed a treasured skill for business experts worldwide to manage and tackle multiple markets. So with a postgraduate degree in international business management, you can create a niche in the global world of affairs as this management specialization program would give you all the essentials to develop strategic plans for international operations.

Career Prospects:

The development prospects of international business are colossal and so is the scope of this international business management specialization. On completing a Master’s degree in international business, you are open to a series of career choices. Rather than just an MBA, a master’s program in international business qualifies you for more prestigious career opportunities, in a variety of sectors, across the world.

With the international trade expanding exponentially, MBA graduates having a PG degree in international business have ample opportunities, both in the private and the government sector organizations. The nature of work in this specialization includes working for Indian or foreign MNCs in business division, import/export departments, global logistics companies, international consultancy firms, international courier companies, and global tourism sector, among others.

When it comes to starting a career, the opportunities are wide. You can take on roles in a foreign country MNC or in the domestic market handling the export-import domain or other service departments.  Some of the most common career roles that you can choose upon completing international business management are those of a Management Analyst/Consultant, Export Coordinator, International Business Development Manager, International Finance Manager, International Trader, Finance Controller, etc.

After completion of a two year fulltime program, from a reputed institution, one can expect an initial salary ranging anywhere from 5 lakh to 12 lakh per annum depending on the designation. Furthermore, there is also a good opportunity to find a career in abroad and earn a lucrative salary in foreign currency. With few years of experience and improved skills development, you can reach a higher position in the sector.

Keeping in mind the growth of international business and the demand for individuals in this specialization, a postgraduate degree in international business management is currently considered the most viable option to pursue. With the scope and opportunities for international business graduates increasing in the global market, pursuing this management program from a reputed institution matters a lot.

Having said that, J.K. Lakshmipat University, one among the top 10 MBA institutes in North India, stand stall as an esteemed institution offering pinnacle MBA program designed by experts from various management studies and industrial niches to offer the students the right blend of academics, experimentation, and experience. The multidisciplinary curriculum with focused mentorship for personal and professional development of every scholar, experiential project-based learning, along with expert faculty from industry and academia, offer a unique learning experience for students.

The MBA program at JKLU with a specialization in International Business Management is structured to instill the students with core management concepts and strategies based on international business operations. The program focuses on the aspects of innovation, business planning, business ethics, organizational behavior, supply chain & logistics, network businesses, collaboration, and entrepreneurship. It also implants in the students a better understanding of the global economics, politics, and sociology to contextualize the business environment in an efficient way.

No doubt, there is an increasing need/demand for MBA graduates not only in India but also abroad, and particularly the scope of MBA in international business is much more demanding and vast. With the international business management program at JKLU, students are enabled to arrange, execute, and manage international business operations with efficiency. By introducing innovative learning concepts and imparting critical skill sets to the students, we, at JKLU, have reimagined and reinvented education to prepare students for the progressive 21st century, and thus strive to shape them into future ready professionals and global leaders in the international business domain.

Becoming a Pro in the Field of Management and Commerce

The field of Management and Commerce is a coveted field for those who want to climb the corporate ladder. It is also the foundation course for many who want to embark on the path to entrepreneurship. If your ultimate aim is to be an integral part of the corporate world, manage other people, and eventually climb the corporate ladder, then pursuing a course in management and commerce must be on your main agenda.

However, not every management graduate tends to get this kind of development and growth in the corporate world. To lay the foundation of success in the long run, it is important that the educational institution you pursue your management education from, helps you understand as well as meet the industry requirements and makes you future ready. No matter what challenges the future has in store, your management program must be designed in such a way that it prepares you well for facing and conquering each and every one of them.

There are many advantages of pursuing management education and becoming a professional in the field of management and commerce. Some of the most common advantages are:-

Excellent job prospects- With a professional management degree from a renowned institute, your opportunities expand significantly in the global market. This helps you in becoming the best in the field that you desire to grow in. Almost every industry runs on management principles, which means the need for skilled management professionals is the need of the hour in the 21st century.

The sky is the limit- There is no limit to how much you can grow with a management and commerce degree as climbing the corporate ladder is a lot easier with management education in your belt. With the right educational background, you will be able to hone your management skills better when you enter the industry which will help you in your future career growth.

An opportunity to network with the movers and shakers of the industry- Pursuing management education provides you the opportunity to connect with many influential people in the industry, which can lend further support for your growth in the industry. This is especially helpful for those who aspire to become entrepreneurs as it would give them the opportunities to learn from the established and the best in the industry.

Your skills become transferable- The best part about pursuing management education is that you get a very wide scope of career opportunities available for you. You have the flexibility to enter almost any industry that interests you as the management principle remains the same across all fields. You can apply the management principles you have learned to several different industries and platforms. This is why majoring in management and commerce does not bind you to a particular industry or business but rather provide you with endless options.

Trained on teamwork- Training the students on teamwork is an integral part of management education. Most of the organizations run by team management, where every department has a team task that needs to be efficiently tackled and accomplished. Business management education includes practical training on working in a team. Students are assigned case studies and are divided into groups to complete allotted work. This teaches them the invaluable lesson of working together and prepares them to efficiently work with several different types of personalities at work while maintaining a common interest in achieving higher goals.

Develop people management skills – Business management education helps to instill in the students the crucial people management skills, as this is one of the most important aspects that management professionals should be proficient in. They should know how to efficiently manage and supervise people they work with. This is applicable to both the senior as well as the junior staff, as both of these require different ways of management.

Besides, management education, earned from a reputed institution, is also related with development of several other important skills in the students, such as responsibility of completion of a task, increased productivity, excellent communication skills, leadership skills, networking skills, team building skills, and much more that is beneficial for the overall growth of the organization.

To that end, J.K. Lakshmipat University, one of the top management institutes in India, offer Graduate and Post-Graduate courses in Business Management and Commerce that have been designed to enable a successful transformation of aspiring students of today into management experts of tomorrow. At JKLU, the Institute of Management has been specially established to produce highly efficient, future-ready management professionals who can successfully take on the challenges of the corporate world. The main aim of the institute is to produce leaders with the capabilities to meet the current demands of the industry and also efficiently handle the challenges of the future.

JKLU with its state-of-the-art infrastructure, eminent faculty with considerable industry experience, and a well-designed curriculum, stands as one of the most sought-after management institutes in the country. JKLU understands that theoretical knowledge is the foundation of the management program, however, it is of equal importance that the students are exposed to industry-centric studies as well. The curriculum of our management program, hence, includes several exposures to industrial scenarios. The curriculum is designed to meet global standards and concentrates more on the understanding of concepts rather than just learning them.  Internships form a great exposure to the culture and trends of the corporate culture.

We, at the J.K. Lakshmipat University, strongly believe that students need to be groomed for business leadership right from the time they are in the institution. The years that the students devote to earning their management degree should be used productively by involving them in organizing various activities. Our students have excellent exposure to the industry trends and corporate culture through guest lectures, seminars, and workshops, which are addressed by eminent personalities from the industry. JKLU also extends a highly beneficial one-on-one mentoring program, which helps the students to realize their full potential and choose the path that is most fruitful for them as individuals. This encourages them to give the best to the industry they enter and helps in the overall development of the students as well as the organization on a whole.

Traits of a Good Manager

Management education is more than just an academic qualification; it is about nurturing the skills to bring out the best from within. A good manager is nothing short of an asset to any organization. He/she helps keep the miscommunications at bay, keeps the team motivated, empowers them to do better, and reach greater heights of success with his/her skills and knowledge. The repercussions of getting the wrong person on the job can be disastrous for a company, and this is why a major part of the success of any company depends a lot on the manager and his/her acumen.

We, at the J.K. Lakshmipat University, understand this fact and hence, consistently strive to gift the country the finest bunch of managers every year. Our mentors try to inculcate the best of qualities into the students to make sure that they reach the zenith of success in their life. We understand that the budding managers enrolling in our management programs come with the zeal to learn within. It only needs a careful bit of nurturing to make them realize their complete potential. It’s all because of their dedication blended with our efforts that the students of our university are currently placed in some of the top national and multinational companies of the country and abroad.

Here is a list of the top four traits that we attempt to inculcate in our students to make sure that they turn out to be good managers in future.

Trait 1: Result-Oriented Approach

A good manager is constantly motivated to reach the objectives. This is counted as one of the crucial qualities needed to take the company forward. He/she needs to have a competitive nature with enough pride in his/her achievements to have the drive to reach the goals. Being result-oriented has manifold advantages too. A manager who is self-motivated always strives to surpass the standards, break records, and is highly ambitious and oriented to stop at nothing but the best. We, at JKLU, understand that this is one of the key qualities that make a manager indispensable to his/her company. That is the prime reason why we motivate our students from the very beginning of the program to make sure that they have that competitive fervor within themselves.

Trait 2: Assertiveness

A level of assertiveness to get the job done is a very important trait of a good manager. The assertive managers are able to influence others as they can express their opinions with conviction and are never shy away from discussing issues and coming up with effective solutions with the teammates. A great manager is, first and foremost, a team worker. He/she can comfortably lead a team and is really quick at making decisions. He/she might have to take some ostracized decisions at times but it is up to his/her skills to convince the team about the efficiency of those decisions. The assertiveness gives a manager the ability to negotiate, bring closure to the deals, and reach the objectives. The mentors of our university encourage healthy discussions and debates where the students can bring forth their opinions and ideas. We believe that courses like management are more practical than theoretical, so an exchange of ideas is imperative.

Trait 3: Delegation

It is the job of a manager to add value to the operation of any business, and thus the ability of delegation is one of the most significant traits. A manager needs to have a global vision and the ability to contribute to any business in an inclusive manner. That being explained, the worthy manager will be able to delegate the everyday tasks effectively, especially the ones that are bureaucratic in manner or are more analytical. The ability to delegate not only makes a person a more efficient manager but it also ensures that he/she has a productive team. Giving the team members additional accountability and responsibilities makes them feel empowered and motivated.

Trait 4: Leadership

This is, as we all would agree, is one of the most important traits to have in a good manager. A manager is, first and foremost, a leader. The success and performance of the entire team ideally depend on the ability of the manager to lead, direct, and motivate the team members. This is one of those qualities that entrail a lot of qualities within itself like authenticity, effective communication, drive, and orientation. A manager is the one who is accountable to efficiently rally his team behind himself to overcome any challenge that might come his/her way.

We, at the J.K. Lakshmipat University, understand that the future global leaders get their stepping stone from these management classes. This is the reason why we bring the best of mentors and educationists under one roof in our university. We attempt to bring the real-world practitioners to interact with our students through conferences and workshops arranged on a regular basis at our campus. The insights that the top-ranked professionals from the industry share give the students an understanding of the actual scenario and the related responsibilities of a manager. After all, books are just the beginner’s guide, and the experience and skills are the strengths to be developed.

Why is an MBA Degree so Important in today’s Age?

The continually prospective and most profitable growth of the national commercial sector has been the prime propeller behind the befitting progress and admirable headway of the Indian economy amidst its international counterparts. The prime reason in turn that has contributed to this evolvement of the indigenous industrial domain is the complete paradigmatic shift in the infrastructure of enterprises and procedures of conducting them. Keeping in mind the once ‘sick and static’ circumstance of the nationwide trade arena, which resulted mainly from mishandling of resources and malfunctioning of the workforce, the Indian entrepreneurs of the contemporary time stretch are now more focused on undertaking smart, strategic moves for the operation of their businesses.

In any standardized business house of the country, from the end-to-end of work accomplishment, fundamental stress is being given to streamlined functioning on a daily basis. This essentially depicts actualizing the chores of commerce in such a manner, which is aligned with principal norms of business, fetches beneficence for the firm (in the aspects of revenue as well as reputation), and at the same time maintain a long-lasting and effective bond with the customers. Nevertheless, as can very easily be inferred, for executing commerce through such a strikingly agile method, a company’s major requisite is the presence of impeccably efficient and determined employees, who possess wisdom, by both the dimensions of academics and practicality. And this is the very ground over which worthwhileness of an MBA degree gets established.

The current Indian sector has very well understood that in order to carve own niche in the universal business map and in effect fetch for the natal land more of fiscal perks and thriving futuristic scopes, it must maintain a work environment that is nurtured by time-driven and commitment-based undercurrent and enriched by result-oriented performance and consumer required output. Such a criterion presents in front of it only one prudent way to undertake and that is to engage more and more of those professionals into its inherent functional framework, who retain accreditation over the diverse dynamics of commercial management. And given to the everyday multiplying opportunities for MBA degree holders in the national job market, it appears that the country’s commercial domain has been fair-enough active in realizing the necessity of qualified management professionals in the industry. The factuality that amongst all the occupational profiles, the MBA fraternity always retains an employed statistics of 90% with a fit pay cheque/annum, all the more fortifies this endeavor of the Indian industry.

It is the peerless acumen of MBA-ites over the exact and effectual techniques of synchronizing, supervising, and succeeding and in consequence aiding the employer firm to make holistic progress, which makes them the blue-eyed personas of the nation’s industrial sector. By having an administrative framework buildup of qualified management professionals in all the dimensions of finance, human resource, operation, logistics, marketing, and international endeavors, organizations find themselves stand at a stronger point wherein their present as well as future growth is aptly secured from getting affected by any kind of undesirable resource wastage issues and dreadful deadlock situations. MBA graduates from reputed institutes are hence viewed as the essential pioneers of the hoped-for development of the industries. This is the preeminent cause for which both the fresh Indian aspirants and the seasoned professionals are always suggested to pursue an MBA degree for making a prosperous start or taking the prolific leap in the middle phase of career.

With industrialization becoming a more potential nurturer of the national fiscal fabric with each passing day, and all commercial sectors, from heavy material production to banking and from FMGC to entertainment, wanting to attain that corporate standard work ambience, it can be rightfully vowed that managerial job prospects represent that domain of opportunity, which is assuredly going to get further amplified in the times to come.

Hence, if you too aspire to earn both fame and fortune in your professional life, attaining an MBA degree surely stands as one of the strongest ways to make your aspirations see the light of the day. Besides, the hope to have a job security in the much volatile corporate world can be adeptly up kept by possessing an acknowledged MBA degree. For MBA qualified professionals, the path of growth too is fair-enough complacent and rapid and allows them to achieve the ‘Best’ while they contribute gainful perfection to their organization’s infrastructure, help it to grow more, and in effect devote to the economic prosperousness of the country.

A good idea regarding the monetary and professional evolution of MBA qualified individuals can be obtained from knowing that:

  • A Finance MBA fresher is able to earn the package of INR 4 lakhs/annum in the very beginning of his/her corporate life and can scale up to the stature of a corporation’s fiscal Vice President within a 5-year phase with a yearly salary of up to INR 50 lakhs.
  • With an MBA degree in International Business, an individual gets the scope to work in an internationally celebrated enterprise and experience the best of professional development. This degree also facilitates the one with an optimum annual pay of INR 8 lakhs.
  • The degree owners in Human Resource Management hold on to the assurance of job security to the end of the rightful recruitment process and employee output and welfare being the cardinal pillars of a firm’s framework. These individuals start with a handsome remuneration of INR 5 lakhs/year and can earn up to INR 21 lakh per annum depending on their expertise.

The JK Lakshmipat University, Jaipur is one of the premium educational institutions in the country, dedicated to offering scholastically befitting and industrially effective management education to the aspirants in the branches of Banking and Finance, Financial Analytics (endorsed by Moody’s Analytics and Edu Edge Pro), Digital Marketing, Retail Management, Logistics and Supply Chain, and Entrepreneurship. The University takes the most articulate approach in grooming the executives, team leaders, and CEOs of tomorrow by catering undergraduate (BBA) program, MBA degree programs, and an integrated 5 years course of BBA+MBA. It also provides the exquisite opportunity to obtain a Ph.D. degree in management with state-of-the-art educational and practical infrastructure.

In each of the offered study modules, the J.K. Lakshmipat University makes sure that students get fair-enough exposure to the actual operational undercurrent of their associated industry by organizing scheduled trips to business houses and conducting seminars and guest lecturer talks with the esteemed management mentors and teachers and celebrated VPs, CEOs, and entrepreneurs. The University’s collaboration with 13 famous commercial associations and operative partnership with a number of thriving firms assure that students receive a perfect dose of Industrial Interface through pay-some projects and career-making networking opportunities while the passing-out alumni get the chance of beneficent internships or direct placement in dreamed-about enterprises.

The eminent faculty at JKLU is committed to infusing into all the budding corporate experts of the future the two fundamental hymns of ‘Knowledge is Nectar’ and ‘Work is Worship’. J.K. Lakshmipat emerges as the presenter of fresh and spotless talent to drive forward to sky height the awe-rising concurrent business growth of India.

Opportunities that World-Class Management Education Can Bring to You

Owing to the sweeping developments in liberalization and globalization, there is a considerable impact on the country’s management sector. As the industry continues to grow, greater importance is placed on academic qualifications and skills development. Today, there is a vast upsurge of management institutions and B-schools in the country, striving to provide quality management education and produce efficient professionals to cater the radically changing industry. Developing the competency and capability of students to become entrepreneurs/leaders in the sector is the primary objective of any management education, and so, pursuing the management degree from a well-established institution is what would become the cornerstone of success for students. It is necessary for students to choose the right institution that caters to the needs of the industry and provides a world-class management education that would bring in vast opportunities for a prospective career.

Educational institutions play a significant role in transforming students into efficient management professionals and entrepreneurs. The importance of academic education and hands-on training in the industry is undeniable, and perhaps, it is given the top-priority by educational institutions. While it takes much more than academic and industry knowledge for students to succeed in their career, there are certain things they need to do to catalyze their development. Finding the right platform/interface that would shape their abilities to meet the industry needs and provide them with the essentials for developing employability skills is the key to success.

It has to be noted that development of crucial soft skills and abilities is made possible only when a degree is sought from a well-established institution with top-notch facilities. Such an institution would impart a perfect blend of academic management education and intellectual ability along with necessary soft skills to incubate ingenuity in students so that they can gain an edge in the competitive market. This is why an educational institution providing world-class management education is sure to bring in a plethora of career and placement opportunities along with a conducive learning environment that promotes skills development.

J.K. Lakshmipat University, one of the esteemed educational institutions in the country, has been creating an impact in diverse fields of knowledge, particularly excelling in management education. The institution, as a part of the leading Indian Industrial Conglomerate, J.K. Group, is dedicated towards industrial development, education, and social upliftment of the nation. JKLU is committed to providing quality education with academic excellence and industry interface that creates a well-efficient intellectual capital for the country in the new knowledge age.

J.K. Lakshmipat University strives to shape up the students for the corporate world and hence instills them with the will and skills needed to contribute to the self-sustenance and self-reliance in the industry. With the learner-centered world-class education at JKLU, students become better equipped to grab advantageous opportunities in the domain. Besides, students also benefit from:

Enhanced Employability Skills:

It is important that besides imparting with academic know-how, students are also prepared to become employable professionals. For this, an educational institution has to move from the academic mode to the corporate mode. At JKLU, we have a wide range of skills development programs and training sessions that offer all the essentials to equip students for the industry. We identify the industry expectations and changing trends promptly and create the right platform to equip students with the required skill sets so that they can become more competent and employable.

Placement Opportunities:

At JKLU, we have a dedicated Training and Placement cell that is entrusted with the responsibility of channelizing opportunities towards potential students. With the host of training activities like group discussions, seminars, and mock interviews, students are prepared to face the real-world job market and know the nitty-gritty of the job selection process. JKLU provides the opportunity for students to get guidance, training, and practical industry exposure from industry experts, alumni network, and the eminent faculty through corporate visits and personality development programs that enhance their prospects for the competitive industry requirements.

Knowledge Acquisition:

JKLU’s involvement in knowledge creation and dissemination serves to enhance the students’ competitiveness in the global arena. Apart from fostering academic education and conceptual learning, we aim at developing the soft skills and interpersonal skills of the students in order to promote intellectual competitiveness among them. With the excellent smart-classroom facility, interactive learning methodology, dynamic resource hub for R&D, and State-of-the-art Infrastructure, JKLU facilitates an effective learning environment for students to share and acquire knowledge.

Industry & Academic Collaborations:

As a part of the management program, JKLU fosters collaboration with various industry and academic bodies to leverage mutual capabilities and exchange of knowledge. Our international collaboration programs expand the student and faculty experience, creating valuable opportunities for students to improve their academic and intellectual development through constructive challenging of ideas and wisdom. Moreover, collaborative programs enable students with the knowledge and skills for successful venturing of business beyond borders. Through these industry and academic collaborations, students are equipped with the ability to work, learn, and compete in an international capacity.

JKLU is dedicated to providing high-class management education with academic excellence and skills development for producing accomplished managers and professionals with the attributes of increased effectiveness and efficiency. We, at JKLU, identify the key issues that impede the student’s development and facilitate a unique learning environment, where students are groomed and bloomed for the career opportunities ahead. Besides imparting academic education and training, the key focus of the JKLU is also on uplifting the standard of management education so that it meets the standards of the knowledge-oriented paradigm of development.

A high-quality, globally relevant management education opens up possibilities for students to compete for the growing knowledge economy and subsequently, pave way for better career opportunities and professional success. In that sense, JKLU ensures a well-developed, all-rounded and balanced management education with a remarkable confluence of diverse disciplines and varied academic cultures.

JKLU – Redefining the Meaning of Management Education

The world of management has seen a rapid change over the last few decades. What started out as mere managerial positions for men sitting at desks all suited-up is now much more than just a job profile of managing a team of few juniors. The sphere of management industry is now one that in a way runs an organization while at the same time focusing on making the global economy better in every area, step by step. Going by the changes in the industry, it is thus imperative that the management education too sees a new wave of change. Over the years, management institutes have begun reinventing their curriculum to match the needs of the changing dynamics of the industry and making the course structure well-suited for the sustainability, growth, and success of not only the students but also of the global economy.

To that end, J.K. Lakshmipat University, an institute with world-class facilities, ranking among the Top MBA institutes in the country, has been ever since its inception contributing consistently to the growth and overall development of its students with an emphasis on sustainability. The University is focused on introducing innovative ways of learning in order to bring about sustainability through the Management Programs that are designed to ensure that our students meet the requirements of sustainable leaders, entrepreneurs, managers, and entrepreneurs.

JKLU believes in providing the students with a carefully designed management program that embraces technology, industry collaboration, and development of entrepreneurs. Our curriculum is designed for all-round development of the graduates which is not just about learning the art and science of management but also instills in our graduates the virtues and skills required to make an impact in the world they are about to enter.

Our program is rigorous and tailored to meet the growing needs of the industry at all levels of management and helps to build the fundamental building blocks in the various sections of management. It is important for graduates to be able to deal with complicated scenarios relevant in the corporate environment and it is thus ensured through case studies, live examples, and simulations. Teaching methods include informative lectures, case studies, seminars, discussions, business games, simulation exercises, role-plays, industry visits, group work and assignments, and mini projects. Moreover, the projects and the assignments undertaken as a part of the program are all designed to assist the future managers, leaders, and entrepreneurs in individual betterment with due emphasis on teamwork.

Our faculty too takes an active part in the growth and development of the students with every member of the faculty making keen efforts to keep abreast with the dynamic needs in the management field. The faculty members at JKLU utilize every single opportunity to enhance their skills and knowledge in their respective fields so that they cater better to the students.

JKLU – Producing Management Graduates of the 21st Century

Leadership, effective communication, critical thinking, creative problem-solving abilities, and networking abilities are some of the qualities that define Management Graduates of the 21st century. Being technically competent and having creative and excellent ideas is one thing, however, implementing these ideas efficiently is a matter of excellence and leadership. The management program at JKLU is meant to fulfill the same purpose and aims at awakening the leadership qualities in the students so that they effectively transform into innovative planners and effective leaders of tomorrow.

The key features of JKLU that make the University stand as one of the most highly preferred destinations for pursuing management education in the country are:

Cross-Functional Learning

Awareness is the key to learning; and that’s why we have included projects, seminars, and discussions on various subjects such as economics, politics, social sciences, psychology, history, and personal development as an important part of the redesigned curriculum of our management program. The MBA program at JKLU focuses on imparting the students with in-depth knowledge on all academic areas as it pools together the resources from many functional spheres to make a wholesome and beneficial learning platform.

Technology-Driven Learning

We are nowhere without technology in this day and age. Our curriculum is thus so designed to equip our graduates with not only the working knowledge of the latest technologies but also provide them with the flexibility to adapt to new technologies in the future. Aided by the state-of-the-art equipment, a focused emphasis is given towards building a strong foundation.

Industry Learning

The students at JKLU learn and benefit from constant interactions with industry experts. Eminent professionals from the industry are invited to the campus to share their experiences and expertise enabling the students to broaden their visions.

Focus on Leadership Skills

Technical know-how is further enhanced with training in leadership skills to prepare graduates for leadership roles in the organizations. Our aim is to create future leaders who are equipped with skills to face challenges in the real world. We believe ‘leading by example’ is the quality that makes one a true leader.

Focused Internship

Although our curriculum duly follows the theoretical concepts of management, however, the corporate internship enhances the learning process and helps in applying the learned concepts to workplace scenarios in practical environments. The internship programs help give our graduates an insight into the corporate world.

Live Cases and Models as a Form of Learning

Learning takes place through live cases and presentations, enabling the students to implement the acquired skills and enhance the practicality of the learned concepts.  Live cases are used at the University as a learning platform for cross-functional efficiency.

Industrial Visits and Seminars

We, at JKLU, regularly organize seminars for our students that focus on topics ranging from planning career objectives to field-specific interviewing techniques. These seminars help them to understand the corporate world from a close perspective and learn from the experience. Likewise, the industrial visits also form a great foundation for students to get a feel of the corporate world.

Personal Development

In order to grow in the industry, a candidate must be able to assess his or her own skills, strengths, and weaknesses. We, at the J.K. Lakshmipat University, provide our students with the self-assessment tools and aides that help them gauge their developments and understand their capabilities, thereby enabling them to carve out a definite growth path for their career and future.

Our country today needs a new generation of professionals who can efficiently play a key role in moving the development forward, and JKLU is ideally placed to do this. At JKLU, we aim to create leaders focusing on ethics, innovation, entrepreneurship, and leadership. We have hence not only reimagined the management sphere but have also reinvented it to suit the needs of the changing trends of the industry.

Why should the Budding Managers be prepared for the Digital World?

Digital technology has almost changed the world and its people in every other way. It has not only liberated people from their desks, but have made organizations, people, and devices more intertwined and connected. With technology, it has become easier to deploy, scale, and host organizational tasks and business operations more conveniently and efficiently. As a result, companies today are responding increasingly to the digital market environment, and thus require enormous effort to shape and convert their traditional business operations to this new digital transformation. In such a scenario where businesses are more and more engaged in proliferation of digital capabilities, it becomes a requisite for the management professionals to prepare themselves for the industry that is transforming rapidly for the digital world.

Preparing managers for the future digital world is not an easy task. It requires the organizations to transcend their constraints and maintain the work environment in sync with the digital capabilities so that the company’s activities, people, culture, and structure are left undisrupted by the digitalization. Most organizations, however, are lacking resources, talent, and skills/capabilities to manage any digital initiatives, thus leaving the executives and managers hampered in their functions. This is why every organization has to prepare beforehand for the digital world by not only transforming operational processes and business models but by making the choice of developing the right talent and skills in their employees so that they integrate well with the company’s digital strategy.

Why Prepare Managers for the Digital Transformation?

Managers working in the digitally maturing companies need to be prepared for the industry tumult and changes arising from the digital trends. Most companies today ensure to recruit the talent with right knowledge and skills to support their digital transformation. It has to be accepted that having management professionals with core competencies can better help the companies use the expertise and scale further to gain better results. Efficient managers who are trained enough to meet the challenges of the digital economy can drive the businesses successfully through the transformation and exercise a great impact on the business operations as well as the customer experiences. It is because of this reason that recruiting a skilled workforce matters a lot for the business organizations anticipating digital transformation.

What All Skills Do The Budding Managers Need?

Today’s digital world demands appropriate skills and abilities from the professionals. It is important that every management professional holds the right skills and abilities to work efficiently and tackle the challenges within the increasingly digital and globalized workspace. When managers are equipped with such sort of skills/abilities, they are enabled to promote organizational efficiency and spur innovation, productivity, and growth for the company. Generally, all management professionals need to possess:

  • Technical and Professional Skills to drive innovation and support the digital infrastructure. These skills help the management professionals to function efficiently in the digital eco-system.
  • Generic Skills help managers use digital technologies for the benefit of the organization.
  • Soft Skills such as communication skills, leadership, and teamwork help management professionals to deal with the people within the organization and outside it and not only achieve the business goals but also utilize the expanding opportunities within the sector.
  • Specialized Skills relevant to the industry needs help managers to propel the people, teams, and organizations towards success. With the rise of artificial intelligence, machine learning, cloud computing, and other technologies, the need for specialized skills in employees would help align technology with business value.
  • Managerial Attributes such as forward-thinking, change-oriented mindset, and quick decision making, are emphasized above the technical skills for successfully adapting to the digital environments.

It is important that aspiring management students take notice of the need to prepare for the digital world. When it comes to management, each and every segment of the field is getting digitalized in one way or the other. As a result, budding students have to ensure that they receive quality education equipped with all the basic technical skills along with soft skills and managerial abilities to use the digital platform effectively. Usually, many of these skills are acquired outside the formal education. But when you pursue your management education from a well-established institute, you can gain all the skills and abilities along with the management acumen from the formal education itself.

Management Education at JKLU:

J.K. Lakshmipat University, the educational arm of the renowned J.K. Group, offers global standard management education with state-of-the-art infrastructure and an extremely robust, industry-oriented curriculum. The institution imparts a cutting-edge holistic learning experience for students, preparing them to become productive management professionals, ready for the future world. The industry-relevant learning experience at JKLU efficiently prepares students for the digital world, by transforming them into well-equipped, highly employable management professionals with the right skills, knowledge, and abilities.

The undergraduate and post-graduate management programs at JKLU adhere to a contemporary curriculum that offers a perfect blend of theoretical and practical knowledge. Our management programs provide students not only the management ideas and cognition pertaining to the business world but also grounds them with all the necessary skills and abilities to keep pace with the changing digital economy.

For every budding management professional, it is necessary to stay abreast with the ongoing changes of the business world. The digitalization and emergence of new technologies in businesses offer not only opportunities but challenges too. To stay ahead of the competition, it has become a requisite for budding managers to prepare themselves for the digital world by developing new skills, abilities, and technical acumen. JKLU, as a leading management institute, is embracing new digital technologies and teaching methodologies into their educational system to prepare students for their digital future.

We, at the J.K. Lakshmipat University, believe that success in the digital economy depends on the business’ ability to implement advanced digital technologies and procure talents equipped to manage the digital operations and new business models efficiently by redefining the existing strategy, culture, and opportunities within the industry.

It is undeniable that, to succeed in a digital economy, professionals have to be agile in adapting to the newest trends and entrepreneurial in acquiring new skills for the industry. JKLU identifies this and prepares its students efficiently to reap the full benefits of digitization. We, at JKLU, impart our students with the required management concepts and academic knowledge coupled with management skills and abilities to succeed and make their mark in the digital world.

Is Management Education Necessary to be Successful in Business?

Gone are the days when innate abilities, domain knowledge, and experience were enough to run a business. Today, the world is becoming more and more complex and needs ‘management’ in all of its essence to function effectively; effective management has become the soul of every business today.

Furthermore, globalization and industrialization have made the business world all-powerful and ever-changing. As a result, the size and complexity of businesses today are demanding more and more of professional skills and pure practical knowledge of the domain. This is why management education is becoming the center of attraction among today’s entrepreneurs and established businesses.

It is not that businesses cannot run without management education, but it empowers you with the knowledge, skills and learning agility required to stay of times and competitors. The fast-paced industrial world demands the need for ‘management abilities’ to handle the complex, multidimensional business spheres. In such a scenario, management education with proper guidance and training becomes indispensable. It has to be admitted that a collective knowledge from education and experience is what forms the right foundation for future managers, leaders and entrepreneurs.

In today’s hardline business climate, climbing up the business ladder is not a piece of cake. Entrepreneurs and business enthusiasts need to possess the most updated knowledge and skills, depending on the need and expectations of the current developments in the industry. The increasing competitiveness in the business arena all over the world is posing a tough spot for management professionals to tackle the market risks and challenges effectively. They have to sharpen their skills/abilities by constant innovation and analytical and logical thinking for overcoming the industry challenges. To make it happen, management education helps the aspiring individuals to gain knowledge and skills by giving them a practical embossing over the theoretical approach. When students get a complete understanding of the business activities and are equipped with the abilities/skills to take their business forward successfully, they are able to make a mark in their domain.

It would be beneficial for aspiring students to know why management education is considered necessary for a successful business endeavor:

Helps Imbibe Management Concepts:

A successful entrepreneur needs a host of professional skills and business acumen. Mere bookish or academic knowledge is not everything. It is necessary that management professionals stay aware of the theory and concepts related to business management before stepping into the world of work. While pursuing management education, you get to learn about the management terminologies and concepts along with the knowledge of the practical application which helps you deal with real-life situations.

Aids the Development of Interpersonal Skills:

Business management is often about managing people, products, and processes. As an efficient management professional, you have to deal with all of these and learn to maintain a balance. This could not be possible without effective interpersonal skills. Management colleges are the best place for students to develop as well as sharpen their interpersonal skills such as communication skills, leadership, team-building, negotiation, decision-making, and more. Educational institutions provide a number of opportunities for students to come out of their shell and develop their skills. Various seminars, workshops, skills development programs, and extra-curricular activities conducted by the management institutions help to develop interpersonal skills in students, thereby contributing to their holistic development and grooming.

Brings Better Job Opportunities:

Reputed institutions have a dedicated placement and training cell that prepares and guides the students through various career opportunities so that they can land a rewarding job matching their talents and skills. The grooming sessions at the education institution offer ample opportunities for students to enhance their professional profile and become industry ready so that they are directly absorbed by high profile companies. In short, management education lays the strong foundation for graduates to embark on a successful career path.

The growing ramification in the modern business world demands professional education and practical learning as a mandatory element for success. As it is setting a trend in the recent years, a large number of management institutions are mushrooming across the country to provide management education to aspiring students. However, the quality of management education imparted to students as well as the reputation of the institute always remain the prime concerns. Let us see it this way – Do you think all the students pursuing management education from various institutes across the nation turn into entrepreneurs or efficient management professionals upon graduation? Certainly not! Laying the right foundation with effective learning, industry exposure, and strong industry-based skills, is what makes all the difference. This could be possible only through attaining high-quality management education from a reputed institution. The increasing number of b-schools across the country have posed the need for quality over quantity. In today’s scenario, to establish a successful business, or even to grab a good management job at a big company, acquiring just an MBA degree is not sufficient. You should also look up to the reputation of the institution you pursue your degree from. The institution should be one which provides you detailed business acumen, thorough knowledge of the practical application of concepts, ample of industry exposure, and skills development, as a whole package. Besides, the institute should have a decent placement record of its alumni which showcases the strength of the reputation when it comes to getting a job post graduating.

In that sense, JKLU, a well-established educational institution that has been ranked among the top management colleges in the country, emerges as the prime destination for management aspirants. The institution houses world-class infrastructure, the best-in-industry faculty, and all the other facilities that are required to facilitate a cutting-edge holistic learning experience for the students. The management education at JKLU is based on a robust, market-centric curriculum that has been deliberately designed by industry experts and practicing professionals to aid the students to grow into highly efficient, skilled, and productive management professionals of tomorrow. The value-based learning environment at JKLU places strong emphasis on building globally relevant, employable professionals for the business world.

In times when management is seen as a dynamic, life-giving element for every business to survive, grow, and flourish, management professionals cater to be the backbone of it. With the future businesses demanding highly efficient management professionals, the right mix of skill-sets, experience, and innate managerial abilities serve fruitful, to reach greater heights of success in the business world and this is exactly what we, at JKLU, are experts at.

Why are Communication Skills So Important for Careers Revolving Management Education?

Business management is a very demanding arena of the corporate world. There is so much that depends on a manager and his/her capabilities to lead a team in an organization. The smooth running of any organization depends a lot on how well a manager is able to convey his/her instructions and integrate the team as a result. The presence of effective communication skills is not just an added advantage for a career in management but is, in fact, an absolute necessity.

The thing about communication is that it is not as easy as it sounds. There is a reason why it is counted as a ‘Skill’. This is why we, at the J.K. Lakshmipat University, one among the top MBA institutes in India, give special emphasis to communication skills in our management programs. We understand that effective communication is a special ability and is something that needs to be nurtured among the young and budding managers enrolling for the program. As any adept businessperson will tell you, a good business manager is not just someone who is well-versed in all areas of management but is also well-trained in terms of his/her communication skills. Here are the top five reasons why communication skills are an outright stipulation if you are looking to build as well as succeed in a career in business management.

Better Communication Skills Indicate Efficient Problem-Solving Capabilities

A manager who can communicate well can efficiently lead the team comprising of people from different backdrops. This makes him/her an important problem-solver for the company. The skill of solving problems efficiently and quickly is one of the main qualities to have if someone wants to rise up the corporate ladder in the management career. A manager who fails to have the right communication with his/her team will never be able to bring them together to handle any situation of crisis. If you are looking for a career in management, you need to know that only the managers who are masters of their communication skills are well-respected in the industry.

Help Establish Better Relations with and among the Teams

Any organization needs a collaborative atmosphere to flourish and that needs the breaking down of barriers, which can only be done by effective communication. The roles of each individual on the team should be clearly communicated to each and every team member so that each one is clearly aware of his/her own as well as other people’s responsibilities. This makes working together much easier. Only through better collaborations brought forward by clearly stated words, the labors of the whole team can bear fruits. We, at the J.K. Lakshmipat University, enable our students to get actual exposure to the business world through various internship opportunities at top companies. This hands-on training helps the students to attain the direct knowledge of how the stalwarts of the company that they are interning with use their communication skills to lead the teams and to work cooperatively with each other.

Serve to Multiply Productivity

The increase in productivity is intrinsically related to the abilities of a manager. This is one of the prime reasons why the expert professors of the highly ranked management institutes like ours give so much emphasis to the overall development of students. A part and parcel of the job is to clearly make out the plans and strategies so that the team knows what to and how to carry out a task. Each member of the team also needs to understand the importance of his/her role in the task. When a manager fails to do that, the employees quite naturally tend to lose interest in their work. We teach our students by bringing in actual industry practitioners who can provide them an insight into the machinations of the industry. Listening to these industry insiders speak about how they deal with the everyday pressures through their communication and managerial skills is an experience in itself.

Establishing Relationships across Generations

An important part of management education is learning about how to bring together the people of different generations into one highly-functional work environment. Here you need excellent oration skills to break the stereotypes and encourage these different groups to interact with one another productively. The fact about generation gap is that it should be a weapon of strength in your armory and not a weakness of your team. Students at JKLU are taught based on the real-life business case studies that help them understand how managers in organizations where there are people in the age groups of twenty-five to fifty-five years, are making all work together in utmost cordiality. A good manager makes smart use of his/her strong communication skills to let everyone in the team feel motivated to give maximum outputs individually and also as a team, irrespective of the age barrier.

The Effects of Going Global

Globalization is a force to reckon with in the current business scenario, and this is one force that is getting stronger by the day. Having said that, most workplaces today have cross-cultural and multilingual groups working together on a daily basis as a part of their job. This is where attaining management education from a reputed institute can help you out by making you well-equipped to bring up new communication strategies to make the things work out in your team as well as the with the clients of the company.

We at JKLU believe that though academic knowledge has its own significance, it is the practical exposure and effective skills development that matter a lot on an institute’s part. To make our students well-equipped for the competitive times of today, experts at JKLU have devised innovative learning models and technology-driven pedagogy that serve to provide the students with a clear insight of what is required to flourish in the industry. Our curriculum has been redesigned to make it more market-centric and to include out-of-classroom learning as an important aspect. Polishing of students’ communication skills is given a significant focus at JKLU. We aim at creating global leaders and forerunners of tomorrow and feel that for the students to succeed on all fronts in their professional lives, they have to have exceptionally groomed communication skills besides the other essential life skills. The learning environment at JKLU supports all round development of students, be it their academic preparations, personality grooming, or their skills development. If it’s JKLU, you can rest assured that you are going to graduate equipped with all the essentials for success.

Management Education in India: The Changing Scenario & the Way Forward

The Indian economy is growing at a fast pace creating considerable opportunities in the field of IT, manufacturing, pharma, etc. But we also have to realize that a rapid economic growth through these sectors can happen only with the help of amply skilled managers, which will give the country a desired impetus for the development of each sector. This is the reason why more and more business management schools are springing up in the nation. Management education is at its boom in India with more than 1000 business schools offering the same.

Besides, India’s new educational policy – Foreign Universities Bill further means a hike in the number of foreign business schools in the country leading to better education with the exchange of global ideas. You will be, however, surprised to know that an Indian MBA or even Indian diplomas in management, for that matter, are globally listed far better than any other Asian one. Why? Because India prefers to educate in English, which is the global language not only when it comes to syllabus but also when it comes to exchanging of brainstorming sessions through collaboration with business schools abroad. This doesn’t happen in other countries, like China and Japan, where they teach in their national language only. 

The second factor that gives India an upper edge in terms of management studies is the price of education. India is providing world-class education at minimal prices. No wonder even American and European students are coming to India to attain high-quality management education at cost-effective prices. The placement of students studying in India as well as Indian students in topnotch workplaces like the World Bank, Apple, Google, IBM, McKinsey, Accenture, Adobe, etc., further confirms and validates the quality of world-class education that India provides.

Nevertheless, India has a long way to go to retain this reputation; and for this, it is important that management institutions in the nation adopt and follow the global standards of education and incorporate the following in their infrastructure and pedagogy:

  • Make management education student-centric, not faculty-centric
  • Involve in Industry collaboration to hone up the practical skills of the students via internship/training
  • Organize regular practical training at a related management industry to help the students capture the right pulse
  • Craft the management curriculum in line with the latest industry trends, standards, and practices
  • Incorporate digital education, which is a must in the current scenario, whether to train students or the faculty
  • Have faculty with diversified experience. Gone are the days when the faculty used to remain restricted to just teaching. Today, they should diversify to training, research, and consultancy.
  • Engaging students in seminars, etc., where industry experts impart them with current knowledge. 
  • Globalize Education: This can only be done by collaborating with foreign universities. India’s upgraded education policy will go a long way to help do this.
  • Replace most of the theory-based education slowly yet steadily with practical-based education as only this comes handy when the students look for jobs in the corporate world outside. 
  • R&D based collaboration: Constant research and development, whether in the industry or its related education, is a must and thus it is important that the curriculum at a management school keeps updating with the changing demands of the industry. This can be achieved only when a management school collaborates with the big-wigs of the industry to walk hand-in-hand to create world-class management graduates/postgraduates. 

Times have changed and what did wonders in the past may prove useless in the future. Thus creating new and better courses and customizing them as per the interest of the industry as well as the students is the need of the current management education system. And if the Indian management education has to stay world-class, it has not only to challenge it but also reinvent itself from time to time to meet the modern needs of the dynamic global business environment.  

Every industry needs to come forward to help improve management education with each passing year and the government has to provide ample financial support as well as policy support for research and development to meet the needs of the education sector. Only with the collaboration of all stakeholders, including industry experts, quality educators, keen students, quality educational institutions, strong government as well as thinkers and global business experts, there is a surety that management education in India will stay world-class and only get better with time.

We, at the J.K. Lakshmipat University, established in the pink city, Jaipur, Rajasthan, have been standing as one of the strongest pillars of the education sector in the country with our world-class, student-centric, career-oriented management education. We offer management programs at undergraduate, postgraduate, as well as doctoral levels, which are aimed at enabling the students to transform into efficient management professionals and leaders of tomorrow.

The management education at JKLU is based on a very strong, industry-vetted curriculum that not only provides the students with clear insights on the current business scenario but also incorporates hands-on working experience that helps them gain clarity on each and every concept learned. We offer a valuable academia-industry interface to aid the students to get a hang of the actual working environment and practices. Moreover, our collaborations with many reputed international universities such as The Hanyang University, South Korea, St. Cloud State University, U.S.A, and SzéchenyiIstván University, Hungary, enable instilling our students with the global perspective and cross-cultural industry expertise.