Variable Repo Rate: Meaning, Benefits and Impact 30 Dec 2024, 6:57 am

Interest rates in the complex world of finance are not just numbers; they are a tool to influence borrowing, lending, and overall economic activity. Among the monetary policy instruments, the variable repo rate is a dynamic mechanism that adjusts to market conditions. Whether you are a financial professional or simply interested in economic policies, it will be clear to you how the variable repo rate helps the central banks in managing liquidity and stability in the economy.

What is the repo rate?

You must be wondering what the repo rate is? Repo Rate is simple terms the rate at which the Banks borrows money from RBI for one day, also termed as overnight borrowing. This is also referred to Re-purchase agreements wherein, Banks Sells Government Securities to RBI for lets say (Rs.200) and purchases same securities from RBI at the rate of (Rs.200+X) in next day being X, is computed at rate of interest which is equal to Repo Rate as declared by RBI.

The repo rate increases the liquidity or the availability of money in the economy as more money is flown from RBI to Banks and in turn to the economy. Increase in liquidity will help the economy to grow, though it will increase inflation in the economy. That’s why when the RBI wants to assist growth, Repo Rates are decreased by the RBI. 

What is the variable repo rate?

A variable repo rate is set by the Reserve Bank of India at which it lends money to commercial banks, which may alter with changing economic conditions. The interest rate charged on loans such as home loans, personal loans, and so forth is affected by this particular rate set by the Reserve Bank of India. 

The word “variable” simply signifies that the rate is not fixed. It adjusts over time, usually in response to the shift in the economy, inflation, or monetary policies. As the RBI hikes up its repo rate, it raises the price of loans. And, when it lowers its repo rate, borrowing becomes cheap

Variable repo rate (VRR) Auction

Context: Recently, the Reserve Bank of India conducted a two-day variable rate reverse repo (VRRR) auction as the liquidity surplus in the banking system approached Rs 1 trillion.

Also called Term Repo Rates, It is a liquidity injection tool of the RBI for liquidity management in the economy

• Current situation: The RBI has been conducting VRRs or Variable repo rate to inject liquidity on a temporary basis into the banking system since December 2023.
  • In mid-January, the tenor of the VRR was increased  to 14 days to match the CRR cycle for  steady State injection. Further to this, it has been conducting short-dated VRRs (1-7 day) periodically to ‘fine tune’ market liquidity.
• VRR Auctions: They are conducted by the RBI, when the weighted average call money rate trends above the repo rate in the interbank money market, serving as a signal to the RBI of System Liquidity Deficit. 
• Tenure:  It is a short term liquidity injection against collaterals with a tenor of Overnight to 13 days usually.
  • But, for injection of durable liquidity, the RBI conducts VRR auctions for a tenor beyond 14 days very rarely.
• Rate of Interest: It generally is  borrowed at a rate decided by market generally lower than Repo Rate (though not less than Reverse Repo Rate).

How does variable repo rate work?

Understanding the technicalities of the repo rate and the process involved in the transaction will help to understand the process better:

• Initiating the Borrowing Process: Whenever a commercial bank requires raising funds, it approaches the central bank and communicates that it needs funds and it offers government securities as the collateral.
• Role of central bank: The central bank is the institution that evaluates the request, accepts the collateral, and advances the money at the repo rate applicable at that time.
• Interest Calculation: The interest rate, which is repo rate, is applied to the amount borrowed, and this interest is essentially the cost of borrowing for the commercial bank.
• Repurchase of Securities: After completion of the agreed period, the borrowing bank repurchases securities from the central bank with a price that also covers the amount borrowed as well as interest.

What are the Impacts on borrowers?

For the borrower, a variable repo rate makes a lot of difference, since this affects the interest payable on a loan. It means the interest rates paid on the loans that borrow against repo rates will shift whenever there is a movement in repo rates. As such:

• Cost uncertainty: Loan payables may fluctuate according to the shift of repo rates, and financial plans are left uncertain.
• Market Sensitivity: Borrowers benefit when the repo rate is falling, as the cost of their loan decreases, but they end up paying more when rates rise.
• Increased Borrowing: Variable rates can boost borrowing during periods of economic stability or lower repo rates, hence boosting growth.

Difference between fixed and variable repo rate?

Let’s have a discussion on repo rate vs fixed rate on different aspects:

When does the RBI change the repo rate?

There are various conditions where RBI can change the repo rate. Such as: 

• To control inflation: When it is high, the RBI increases its repo rate to discourage borrowers and curtail spending activities. 
• To boost up growth: During periods of less economic growth, the RBI lowers its repo rate with the motive of encouraging a borrowing spree and spending cycle.

• Global economic condition: Before changing the structure, RBI also considers those global factors such as higher oil prices, foreign trades, and global interest rate.

Benefits of variable repo rate

Benefits of repo rate for the financial institutions and the overall economy

• Market Alignment: Mirrors market conditions, making for an efficient liquidity management
• Risk Mitigation: Eliminates the danger of being locked in poor rates in case of unfavorable market changes
• Improved Transparency: Helps to improve borrowing cost alignment with the direction of market trends
• Economic Stability: Allows central banks to be prompt in dealing with the threat of inflationary or liquidity shocks.

Impact of variable repo rate in India

Variable repo rates in India help the central bank control the liquidity environment and sustain an economic setup. Allowing the repository rate to move with markets, the RBI ensures all financial institutions remain well in sync with the changes in a market.

The repo rate in India acts as a benchmark for several lending and deposit rates. A variable rate would help respond more effectively to global and domestic changes in the economy, hence making a strong and adaptive financial system.

Repo rate advantage for financial Institutions

Financial institutions are highly benefited with the variable repo rate system.

• Cost Efficiency: Facilitates banks to gain funds at competitive rates.
• Liquidity Management: It allows flexibility in the management of short-term liquidity needs.
• Market Responsiveness: Institutions are motivated to make a strategy change according to changing financial conditions.

Variable repo rate disadvantage

Whereas this variable repo rate has lots of benefits, it also bears a few disadvantages:

• Inconsistency for the borrowers: The changing interest may create uncertain loan repayment values that can make planning complicated.
• Higher risk exposure: For both lenders and borrowers there is extreme market fluctuations, borrowers and lenders stand to lose more.
• Complexity in Budgeting: Greater difficulty in budgeting by the businesses and individuals where variability may make budgeting accurate over the loan tenor challenging.
• Potential for Rate Hikes: High repo rates can quickly increase borrowing costs, placing a strain on the borrower’s pocket.

Significance of repo rate 

The repo rate is of great importance in the economic framework. Central banks use this tool for a variety of macroeconomic objectives as follows:

• Inflation Control: One of the main purposes of the repo rate is to control inflation. If inflation is high, the central bank may raise the repo rate. It increases the cost of borrowing and reduces the money supply in the economy, which cools down inflation.
• Economic Stimulation: In a time of low economic growth, the central bank could reduce the repo rate. This reduces the cost of borrowing and incites businesses and consumers to borrow loans, which will boost economic activity.
• Liquidity Management:  The repo rate is also useful for managing liquidity in the banking system. Through adjustment of the said rate, the central bank controls the amount the bank can borrow to remain stable and robust in finance.

Conclusion

The variable repo rate has proven to be a key instrument in modern monetary policy, thereby ensuring flexibility and market conditions in operation. It allows for continuous changes in the system so that financial institutions, policymakers, and borrowers adapt according to changing economic patterns. Therefore, by knowing what the repo rate means and how it works and affects things, stakeholders make well-informed decisions towards attaining financial stability and growth.

The RBI variable repo rate is of critical importance for the formulation of India’s monetary policy framework. In an economy with a monetary policy maker who is key in the management of liquidity as well as economic stability, it continues to strengthen its robust and adaptive nature by the financial system. Whichever be the stand-alone borrower or policymaker in the arena, a glimpse into this mechanism regarding variable repo rates will guide effectively in handling today’s evolving economic scenarios.

FAQs

Q.1 What is the full form of repo?

Repo stands for repurchase agreement or repurchasing option.

Q.2 What is the current repo rate?

Today, the repo rate is at 6.50% according to the recent update of 8th February 2024, where RBI decided to keep the rate unchanged. The last time the repo rate was changed from 6.25% to 6.50% on 8th February 2023. Now, the reverse repo rate is at 3.35%.

Q.3 How to calculate repo rate?

Repo Rate = (Repurchase Price – Original Selling Price ÷ Original Selling Price) x (360 ÷ n)

• Repurchase cost = Original selling price + interest 
• Original selling cost = Sales cost of security
• n= Number of days to maturity

Q.4 What is the purpose of VRR Auction?

An essential objective of a Variable Repo Rate (VRR) auction conducted by the RBI is to manage liquidity within the banking system. Therefore, it injects short-term liquidity into the system whenever there is a deficit, and absorbs excess liquidity from the system when there is a surplus. The central bank conducts VRR auctions to maintain financial stability so that money market interest rates evolve systematically. This aids in managing overall liquidity conditions in the economy and helps the smooth running of the banking system.

Q.5 What is the time period of VRR?

The minimum time period of 3 years or as decided by RBI for each allotment by auction

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ENGINEERING COLLEGES IN JAIPUR: HIGHLIGHTS 7 Nov 2024, 6:06 am

Introduction –

In the engineering field, Jaipur is in the top position as one of the best private and government engineering colleges. There are a total 80 Top engineering colleges in Jaipur. JEE Main is the entrance exam in engineering colleges in Jaipur. This blog will explore all the top engineering colleges in Jaipur along with fee structures and curriculum.

Engineering has various specializations, including electrical, civil, mechanical, chemical, and software. There are a lot of jobs in this field, both domestic and overseas. In engineering, students learn designing, developing, structures, software, hardware, processes, and maintaining machines by studying science, math, and technology. In this article, we introduce the best engineering colleges in Jaipur, fees, placement admission process, entrance exams, etc.

Engineering colleges in Jaipur highlights:

• Total Engineering Colleges in Jaipur: 80
• Annual fees: 1 to 5 LPA
• Specialization courses: computer science engineering, mechanical engineering, electrical engineering, civil engineering, communication engineering, electronics engineering, etc.
• Entrance exams: JEE Main, CUET.

Engineering colleges in Jaipur admission process 2024-

Eligible criteria may be quite different for every college, but the basic eligibility for admission to B-tech is as below:

• Candidates must have passed 12 classes with a minimum 60% marks in physics, chemistry, and mechatronics. Different categories eligible criteria may vary different.
• For admission candidates must have passed entrance exams like JEE Main, CUET, etc.

Engineering colleges in Jaipur exam schedule:

Entrance exam as below:

1. JEE Main:– JEE Main full form is joint entrance examination. This exam is conducted by engineering colleges for admission to B-tech, BArch, and BPlan by the state government. In the JEE Main Entrance Exam, there are three papers: Paper 1 for admission to B-tech, Paper 2A for BArch admission, and Paper 2B for BPlan admission. This is a computer-based test in India.
2. REAP:– REAP full form is the Rajasthan engineering admission process. The entrance exam of engineering colleges is conducted by the center of electronic government on behalf of Rajasthan Technical University.

Best private engineering colleges in Jaipur:

1. Manipal University: Entrance exam of this university is JEE Main, JEE Advanced, CUET, MET, 12th passed with minimum 60% of marks. There are a total 3,540 seats in the university, and total course fees are 5 lakh to 16 lakh.
2. Amity University: Entrance exam of this university is JEE Main, CUET, Rajasthan JET Agriculture, 12th passed with minimum 50% to 60% of marks. Total course fees are 5 lakh to 13 lakh.
3. Banasthali Vidyapith: Eligibility of this university is 12th passed with minimum 60% of marks. There are a total 930 seats, and course fees are 6 lakh.
4. NIMS University: Entrance exam of this university is JEE Main, NIMSEE, Rajasthan Jet Agriculture, class 12th passed with minimum 50% to 55% of marks. Course fees are 2 lakh to 8 lakh.
5. UEM- Entrance exam of this university is IEMJEE, REAP, JEE Main, class 12th passed with minimum 45% of marks. There are a total 312 seats, and course fees are 3 lakh to 7 lakh.

Best government engineering colleges in Jaipur-

1. MNIT Jaipur-Entrance exam of this university is JEE Main, DASA UG, class 12th passed with minimum 75% of marks. There are a total 811 seats, and course fees are 2 lakh to 5 lakh INR.
2. UNIRaj: The entrance exam of this university is JEE Main; class 12 passed with a minimum 55% of marks. There are a total 1080 seats, and course fees are 4 lakh INR.
3. Central Institute of Plastics Engineering and Technology—Entrance exam of this university is JEE Main, REAP, and class 12th passed with minimum 45% of marks. There are a total 150 seats, and course fees are 2 lakh INR.

Low-cost engineering colleges in Jaipur-

Specialization courses offered by engineering colleges in Jaipur:-

• Computer science engineering
• Civil engineering
• Electrical engineering
• Mechanical engineering
• Electronics and communication engineering

Top recruiters and their salary packages-

Career scope after doing engineering-

Here are some career opportunities after B-tech-

Here are some other high-demand jobs after engineering:-

• Software engineer
• Data scientist
• Web developer
• Mobile app developer
• Quality assurance engineer
• Software engineer

ALSO READ ABOUT OTHER PROFESSIONAL COURSES AFTER GRADUATION

Conclusion 

B-tech and M-tech course study by Engineering colleges in Jaipur is the best career option for those students who have a sharp and excellent mind and are intelligent in physics, chemistry, and mathematics. There are a lot of jobs and top recruiters in this field. Top engineering colleges in Jaipur have placement programs and top recruiters also. In this article, we wrote about the best engineering colleges in Jaipur, their fees, career options, salary packages, and placement.

FAQs-

Q.-Is it worthy of doing engineering ?

Ans.: Yes, it is worth it because there are various career options in this field, and engineering colleges in Jaipur have top recruiters      and placement programs also.

Q. Which are the low-cost engineering college in Jaipur?

Ans. Maharishi Arvind Institute of Engineering and Technology is the low-cost engineering college. In this university course fees are only 80,000 /-.

Q.-Which is the most accepting entrance exam of engineering colleges ?

Ans.- JEE Main is the most accepting entrance exam of all engineering colleges.

Q.-How many top engineering colleges in Jaipur?

Ans.: There are a total 80 top engineering colleges in Jaipur, and among these 72 are private colleges.

Q.-Which engineering colleges in Jaipur have a good placement program and top recruiters?

Ans.: Amity University, Banasthali Vidyapith University, Manipal University, and MNIT University have good placement with top recruiters.

Q.-How much time is required to prepare for JEE Main?

Ans. – Ideally, 6 to 8 months are required to prepare for this entrance exam.

Q.-Minimum: how many marks are required for admission in engineering college?

Ans.- Class 12th passed with a minimum 50% of marks and has to clear an entrance exam like JEE Main or CUET for admission.

Q.-Can I do engineering via distance mode?

Ans.- No. By UGC guidelines, you have to do an engineering course by attending classes and doing practical as well.

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CAREER OPTIONS AFTER 10TH GRADE 6 Nov 2024, 7:22 am

Most students progress naturally to 10+2 after 10th. They choose subjects that can help them prepare for college and their career. Students have a well- rounded education and open up various career options after 10th such as journalism, social work, teaching, to further studies in specific areas. Besides the traditional choice B.A. There are also arts courses in fine arts, performing arts, or design that provide practical skills and support careers in visual arts, theatre, or graphic design.

 CAREER OPTION AFTER 10th SCIENCE STREAM

The science stream includes the subjects physics, chemistry, Biology {Botany and Zoology}, career options for science students { indicative list}

• Medical {Allopathy and other traditional medicine streams} and allied sciences

• Pure Science – Physics, Chemistry,

• Agriculture and allied streams

• Biotechnology

 Career options after 10th science PCM

• Architect
• Bachelor of science
• Data science
• Ethical hacking
• Chemical Engineer
• Information technology Consultant
• Mathematician
• Machine Learning engineer
• Aeronautical Engineer
• Aviation
• Engineering
• Bachelor of Architecture
• Software engineer
• Chemist
• Forensic scientist
• Merchant navy
• Industrial science
• Pharmacist
• Actuary
• Product designer
• Animator
• Statistician

Top courses after 1oth science

• Architecture.
• Data Science.
• Artificial Intelligence & Machine Learning.
• Robotics.
• Biomedical Engineering.
• Microbiology.
• Nautical Science.
• Investment Banking.

CAREER OPTIONS AFTER 10th COMMERCE STREAM

Commerce is the second most popular career option after science. If you are interested in making a career in finances and economics, you must go for commerce .The commerce subject offers many career options such as chartered Accountants, company career options for commerce students.

• Commerce
• Management 
• CA
• Marketing management 
• CS
• Finance management 
• International Business management
• Operation management

Commerce Courses without Maths After 10th

There are various courses available for you:

• BCOM Programme
• BBA
• BMS
• Bachelor in Hotel Management
• BA LLB
• BSc Hotel Management 
• Bachelor of catering Technology
• BA English Literature
• BHM in culinary Arts
• BA Culinary Arts
• Bachelor of Elementary Education

Commerce Courses With Maths After 10th

• BBM course 
• BA Mathematics
• BCOM Honours
• BA Economics
• BA in Statistics
• BSC Economics
• BSC Statistics
• BBA General
• BBA with Specializations
• Bachelor of business studies
• BCOM LLB
• BBA MBA Integrated Course

Diploma Commerce Course After 10th

• Diploma in Accounting and Finance 
• Diploma in Banking and Finance
• Diploma in Business Management 
• Diploma in E-Commerce
• Diploma in Taxation
• Diploma in Export and Import management 
• Diploma in Retail management
• Certificate Course in Digital Marketing 
• Certificate Course in GST

  CAREER OPTIONS AFTER 10th ARTS STREAM

Opting for arts courses after 10th could bring you several career opportunities. Let’s have a look at some of the potential reasons for choosing arts courses after 10th:

Overall arts courses after 10th class can provide a different and rewarding educational experience and lead to a variety of job opportunities in the creative industries. Taking arts courses after 10th can help students improve their skills and talents and position them for a successful career in a subject.

Arts Courses After 10th: Top Colleges for Diploma Courses

1. The Maharaja Sayajirao University of Baroda
2. Rai University, Ahmedabad
3. Lovely Professional University, Phagwara
4. Government Polytechnic Lucknow
5. Jamia Millia Islamia ( JMI ) University, New Delhi
6. Government Polytechnic, Mumbai
7. Swarnim Startup and Innovation University, Gandhinagar
8. Government Polytechnic, Pune
9. Indira Gandhi National Open University, New Delhi
10. King George’s Medical University, Lucknow
11. Gujarat Technological University, Ahmedabad
12. Amity University, Chennai
13. Walchand College of Engineering, Sangli
14. Techno India University, Kolkata
15. University of Delhi, New Delhi
16. India Institute of Technology, Chennai
17. Government Polytechnic, Nagpur
18. Savitribai Phule Pune University, Pune
19. University of Mumbai, Mumbai
20. The Delhi Skill and Entrepreneurship University

List of Arts Courses After 10th

• Interior Design Courses 
• Fine Arts Courses 
• Hotel Management Courses
• Mass Communication Courses
• Animation Courses 
• Graphic in Applied Arts
• Diploma in Applied Arts
• Diploma in Interior Design

Continue With 11th and 12th Class:

You can concentrate your studies on science, commerce, or the. It serves as a foundation for further education. 

List of best courses after 10th 

CONCLUSION:

Deciding what next after 10th often turns out to be one of the most crucial decisions of your life and should not to be taken for granted. Keep yourself updated  and upgraded with the growing career opportunities in the world and make an informed decision  before choosing subject streams and your desired career path.

FAQ:

Q.1:Which field is easy after 10th?

Ans: If you’re interested in subjects like history and geography, go for arts. But if you like maths, you can opt for Maths stream or commerce. Or, if you like physics, chemistry, or biology; you can opt for science. The motive is to follow what you love.

Q.2: Which is the best stream to choose after 10th?

Ans: The biggest decision for your career is choosing the right stream. Taking the right subject is very important. After that everything will happen depending on your decision. Most students follow their parents or friends to choose a subject. 

Q.3:What should I do after 10th grade?

Ans: Students often take the career paths in fine arts like music , languages, painting, sociology, journalism, communication etc. 

All the best. Happy Learning. May you choose the career in which you flourish.

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FREE COMPUTER COURSES BY GOVERNMENT 4 Nov 2024, 1:20 am

Today we are all searching for free computer courses by government. We saw so many websites and links about computers, but before registration, the thing that is important is to know where to register for a free computer franchise.

Computer courses are designed courses that focus on the key areas of computer science. Computer courses help learners enter into various career paths as data scientists. These courses train learners with advanced skills. This course on computer concepts is designed to provide candidates with an understanding of the basic principles and concepts of computers.

Best Computer Courses for Jobs

• Mobile App Development
• Internet of Things
• Machine Learning
• Programming
• Cloud Computing
• Cyber Security
• Web Development
• Software Engineering
• Artificial Intelligence
• Data Analytics
• Digital Marketing

Best free Computer Courses for Jobs After 12th

The students who want to make a career in the field of computers can apply for the field of engineering, which has a wide range of courses related to computers. The list of free computer courses by government and their scope after are given below in the table:

Free Computer Courses by government for Jobs After Graduation

Franchise for Computer Course/Free Computer Institute in Rajasthan: Today we are all searching for free computer courses by government in Rajasthan. We saw so many websites and links about computers, but before registration, the thing that is important is to know where to register for a free computer. Franchise details are:

Important Information about Free Computer Institute in Rajasthan:

If you want to know full information about free computer courses in Rajasthan,

Today, so many companies and websites provide you with franchises free of charge. After registration,  you find out that their certificate is not valid or their service is not good before registering your institute. 4 p.m. is very important for your institute registration.

1. Profile
2. Plan
3. Payment Plan
4. Professional Team

Top Important Course Detail for Free Computer Course in Rajasthan:

Document requirements for the free computer courses by government are :-

1. Students Qualification Document’
2. 2 students photo
3. Age Limit Depends on Your Course
4. Student Admission From

Top Free Online Computer Courses

Computer course at home:

If you are new to computers or just want to increase your skills, you can find free computer classes online to meet your needs. You can work on tutorials. This is the great way to practice computer skills you can use every day at home or work.

Conclusion

This is the best free online computer course with the certificate in India that you can start learning right now. Free computer courses by government can be very handy when you are looking for a suitable place to learn the computer skills needed for your profession.

No matter what your level of experience is and your goals, there are sure to be free online computer courses with certificates on this list that are perfect for your computer skills.

FAQ:

Q.1: What are the different skills on which I will upgrade after taking free computer courses by government with certificates in India by the government?

Ans: Beginning any free online basic computer courses with a certificate, you get knowledge and different skills.

Q.2: Are there any prerequisites for free online computer courses with certificates?

Ans: There are no prerequisites required for free online computer courses with certificates in India; anyone interested in learning about the importance of computer applications and functions can take free online computer courses with certificates.

Q3: Which institutes offer the best free online computer courses with certificates?

Ans: Devi Ahilya Vishwavidyalaya and IGNOU, are some of the best free online computer courses with certificates.

Q4: How long does it take to complete a free online computer course with a certificate?

Ans: This duration period of free online computer courses with certificates, depending on the course you choose. It typically takes a few hours to a few weeks to learn a free computer course certificate.

Q5: How can I access free online computer courses with certificates in India?

Ans: You can visit online platforms like Swayam, Coursera, and EDx and enroll in the best free online computer courses.

Q6: Do I get any computer course certificates after completing free online computer courses with certificates in India?

Ans: You can access these online computer courses for free; you have to pay some amount to get a certificate.

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TOP TIER 1 MBA COLLEGES IN INDIA 2024 1 Nov 2024, 1:47 am

Introduction

India has more than 5000 MBA colleges which give education to all MBA pursuers. From all these colleges some of them provide high quality of jobs and education. These colleges are known as 1 tier colleges which give the best education and best placement. Admissions in Tier 1 MBA colleges in India is more difficult than in other colleges. Tier 1 MBA colleges are the highest ranking management colleges. It gives you the best faculty, Education and placements. 

What is an MBA ?

MBA stands for Master of Business Administration. It is a two year Post Graduate Degree that focuses on improving the skills of any MBA student. It is a professional Degree that makes them able to grow and rise. 

List of MBA courses with description

• MBA in Finance
• MBA in Marketing
• MBA in Human Resources
• MBA in Digital Marketing
• MBA in Information Technology
• MBA in Rural Management
• MBA in international business
• MBA in Entrepreneurship
• MBA in consulting
• MBA in operations management
• MBA in Leadership
• MBA in project management
• MBA in Banking and Finance Management

MBA in Finance – 

It is a program that leads a student to their career in Finance fields like investment banking, corporate finance, financial analyst etc. It is one of the best courses which equips students with knowledge, skills and abilities. 

MBA in Marketing – 

It equips students for skills and leadership related to marketing activities and prepares them for Strategic plannings, analysis of marketing activities, online trends and consumer behavior etc. 

MBA in Human Resources – 

This degree prepares students for High- level Human Resources Management. It helps them in recruiting new people and managing them.

MBA in Digital Marketing – 

It helps students in improving their skills in areas of Digital Marketing. They gain specialized knowledge related to social media marketing, content writing, SEO, website making etc.

MBA in Information Technology – 

It prepares you for a leadership role in the IT Industry and helps in increasing your technical growth.

MBA in Rural Management – 

It makes them able to increase their knowledge related to rural areas. So that they can easily manage their business in rural areas.

MBA in International Business – 

In this course, they teach you how to make strategies, planning and set up the business in the Global marketplace. It gives you knowledge about business activities in foreign markets. 

MBA in Entrepreneurship – 

It is a specialized programme which helps students and make them ready to build their own business or enterprise. It teaches students how to plan, execute, set up and manage the business.

MBA in Consulting – 

It helps in developing your skills of communication, problem solving and collaboration. It makes you that much able to give advice to the people as a profession.

MBA in Operations Management – 

Students learn about the process of business, Logistics, Operations and how to run a business in a smooth and efficient manner.

MBA in Leadership – 

It increases the quality of a leader who supports their team ethical decision making, Team building and managing the organization.

MBA in Project Management – 

It improves the communication skills with clients and team members. It helps you in becoming a successful project manager.

MBA in Banking and Financial Management –  

It combines core business principles with specialized work like Portfolio management, analyze company reports etc. You can also do a course in management or a diploma in financial accounting.

Different Types of MBA Programmes in Tier 1 MBA colleges in India

Full Time MBA : 

There are two ways for full time MBA – One year and Two year. It is compulsory to attend daily lectures physically in college. During the period of study they cannot try for any other job practice. In both years they are not eligible for any other work for employment.

Part time MBA : 

Those who are pursuing their job can also apply for a Part time MBA. But it takes more time compared with a full time MBA. 

It is held on weekends so it is more flexible than Full time MBA. So, these colleges are perfect for those candidates who are already employed but wanted to develop or upgrade their skills.

Distance MBA : 

This programme is as valid as the other. In Distance MBA, it is not necessary to have a physical appearance in the class. Candidates are not bound to go and learn. They can take classes on their own in online mode. You can check the online mba colleges in India for admissions.

Eligibility criteria and Admission process for Tier 1 MBA colleges in India 

1. Candidates who are trying to get admission in tier 1 MBA colleges in India must have 50% marks in their Graduation degree from a recognized college or university.
2. Tier 1 colleges accept only CAT (Common Admission Test) for taking admission in their institutes. 
3. Candidate’s score in the entrance exam will decide the admission process.
4. Institute shortlisted the candidates on the basis of their scores.
5. After that, candidates have to appear for the Group discussions and Personal interview.
6. The Institute releases a final list of the selective students.
7.  After selections, Candidates have to complete the document and fees process for confirmation. 

Top 10 Tier 1 MBA colleges in India with fees, Structure and Placement 

Is Admission in Tier 1 MBA colleges costly ? Is it time taking or tough ?

When you are thinking of pursuing MBA as your future, the first thing stuck in your mind will be the fees. Although you also have no idea about which course you are interested in. That is why every student applies for different courses according to their choice and interest. Fees also differ for every course. 

In today’s world, there are more competitions than opportunities. It is a reputed and professional degree which increases your leadership and management abilities. The fees criteria will vary from college to college but an average is around 1.50 lakh to 27 lakh. So, for a professional degree in just 2 years it is relevant for paying such a cost.

If we talk about time, two years are not much time, but the competition in Tier 1 MBA colleges in India is not easy. Similarly, it is less easy in Tier 2 and Tier 3 MBA colleges. 

Types of Tiers 1 in MBA colleges with full description :

Tier 1 MBA college – 

These colleges are different in their level of study, structure, exams, placements and packages too. Tier 1 colleges are best colleges for MBA which gives any student a high quality of study with best faculty and tough competition and entrance exam with tough interview conducted by the institute or college itself Placement given by Tier 1 colleges in big and renowned companies. As well as their fees structure is totally high which is not affordable by any middle class or lower class student. 

Tier 2 MBA college – 

Tier 2 colleges are less expensive than Tier 1. It gives you not only the best but also good opportunities and education. These colleges also give placements to their students in companies with an average salary package of 10 lakh to 20 lakh per annum. 

Tier 3 MBA college –  

Tier 3 colleges are not as good as Tier 1 and Tier 2. Fees criteria is less than Tier 1 and 2. This is the best option for those who want to pursue an MBA but due to lack of resources they are not capable. These colleges do not require 99% in your entrance exam.

These colleges also give placements in companies but not in renowned companies.

Factors to consider while pursuing MBA in Tier 1 colleges in India 

• Personal Goals and career aspirations – It is an important part of personal development, which helps you in managing time, for personal growth, emotional intelligence and to make balance between work and life.
• Location preference – It is a crucial factor where to live and study. Place should be decided according to your needs and in a safe place.
• Budget constraints – Budget is the main obstacle or factor at every place. It is the limit or boundary on how much money is he spending based on their income.
• Admission requirements – It significantly depends on the colleges or institutes. Some colleges give admissions on the basis of a student’s academic records.

Conclusion 

Tier 1 MBA colleges are the best and renowned of all. These colleges give bright futures to their students and make sure about the development of their skills which helps them to grow better and better. As we compare Tier 1 MBA colleges with other colleges, the result will be the best of all. So these are expensive but we can say it is an investment for the future. 

FAQs

1. What are Tier 1 MBA colleges in India ?

Ans. Tier 1 colleges are topmost colleges which gives you best faculty, education and placement.

2. Are Tier 1 MBA colleges worth it ?

Ans. Yes, because it will give you benefits and opportunities for life long.

3. Which are the no. 1 MBA college in India ? 

Ans. IIM Ahmedabad is the no.1 MBA colleges in India. Additionally,  Tier 1 MBA colleges are more prestigious and renowned than Tier 2 MBA colleges and Tier 3 MBA colleges. 

The post TOP TIER 1 MBA COLLEGES IN INDIA 2024 appeared first on Eduexa.

Best Online MBA Colleges in India 30 Oct 2024, 5:26 am

Introduction of online MBA 

The UGC (university grant permission) has approved the online MBA colleges in India because of the people who don’t have time to go to college and don’t have enough money to go to that city, which has the best MBA college in India, to earn a professional degree.

In this article, we will introduce some Best online MBA colleges in India and their systems.   

How to choose right online MBA college in India

Here are some important factors about this as below-

1. 1. Choose online MBA collage that approved by UGC
   2. Choose one profession of your interest and check which online MBA collage offered that course as specialization 
   3. Choose online MBA collage that near your location so that you can easily visit there for any information 
   4. Choose that Online MBA University who has offered you job placement and support 
   5. Choose the Online MBA college with good reputation and technology 
   6. Choose the college with good network opportunities 
   7. Choose the college that provides you full flexibility so that you can manage your own schedule.   

Advantages of Online MBA Classes

• The UGC target is to make students lives easy and give them the best education of an MBA college by providing facilities for online MBA courses. Currently, more than 75 universities are registered by the UGC to offer the online MBA courses in India.
• People who want to make their lives better by doing MBA courses at the best university are now more easily facilitated by this facility of online MBA classes. They can pursue their degree at the best online MBA college without going to that city or college.
• Now, the latest universities like Delhi MBA University, Pune MBA University, Jaipur MBA University, and others are offering online MBA classes all over India.
• By online MBA classes facility, all the exams and classes conducted online. You can attend all classes by laptop and give exams, and you can also record all lectures.

Difference between online MBA and offline MBA

Best Private online MBA colleges in India-

1. Management Development institute 
2. Amity university online
3. Pune institute of business management.
4. Parul university online
5. ICRI- Jagannath university, Delhi
6. XLRI- Xavier school of Management 
7. Chandigarh University 

Best government online MBA colleges in India-

1. IIM Ahmedabad – Indian institute of management 
2. Indian institute of foreign trade, Delhi
3. IIM Lucknow – Indian institute of Management 
4. School of Open learning University of Delhi
5. Jankidevi Bajaj institute management studies – JDBIMS

Full time online MBA colleges in India-

1. IIM Ahmedabad 
2. IIM Bangalore 
3. IIM Lucknow 
4. DMS IIT Delhi
5. XLRI Xavier school of Management

Low cost online MBA colleges in India-

1. IIBMS Mumbai
2. Bharathidasan university 
3. Career infotech solutions Delhi
4. Sathyabama institute of science and technology 
5. Koneru lakshmaiah education foundation, Hyderabad

Highest salary offered by online MBA colleges in India–

1. XLRI- Xavier school of Management placement 
2. IFHE Hyderabad placements
3. National insurance academy placement 
4. Manipal university Jaipur placement

Career option after online MBA course-

1. Human resources 
2. Business intelligence 
3. Information technology 
4. Project manager 
5. Health administration 
6. Sales manager 
7. Business development manager 
8. Consulting 
9. It analyst
10. Financial analyst 

University option for online MBA course in abroad 

1. Deakin business school
2. Executive MBA
3. The open University flexible MBA
4. Online MBA international healthcare management 

Best online MBA college in India

• Amity University Online MBA

Amity Online MBA University is the most popular private online MBA university approved by UGC that offers all courses, including online MBA courses in India. It offers the following specialization in-

1. Marketing and sales management 
2. Finance and accounting management 
3. Digital marketing management 
4. Data science
5. Human resources analysis 
6. Hospitality management 
7. Retail Management
8. Information technology
   

Eligibility criteria 

• Graduation is required for the online MBA course. 
• Marks should be more than 40%.
• Final-year students and working students can also apply.

Online MBA Course Fees Structure and Duration

Duration is 2 years of online MBA, and there are a total four semesters. Their fee structure as per below:

Total fees of the online MBA course are 1,96,000/- 

First Semester: 49,000/-; Second Semester: 49,000/-

Third Semester: 49,000/-; Fourth Semester: 49,000/-

Placement 

Amity Online MBA University offers guaranteed placement to their students. They have 2000 job partners and 5000+ jobs. Already 1000+ students complete online MBA courses from this university and are doing jobs with good packages around 18 lakh per annum.

• Jaipur national university 

It is private university that is recognised by AICTE, DEB and UGC. It offers less price then other universities of Online MBA

The specialization offered as below –

1. Human resources management 
2. Rural management 
3. Hospitality management 
4. Total quality management 
5. Operation management 
6. Construction management 

Eligibility criteria

Graduation from any recognized university.

Course fees structure

There are total four semester and per semester fees is 10,000/- and exam fees is 2,000/- … So total fees of online MBA of jaipur national university is 40,000/ + 8,000/- = 48,000 /-

• Chandigarh University online

It is the private university that established in Punjab in 2012. This university is approved by UGC, NIRF, AICTE approved programs

Specializations–

1. Marketing 
2. Human resources management 
3. Entrepreneurship 
4. IT
5. International business management 

Eligibility criteria 

• Bachelor degree from a recognized university 
• Students who have done recognized course like CA

Course fees structure

Course duration is 2 years and total 4 semester of 26 courses

Total fees 1,50,000 /- ( 37,500/- per semester fees)

• Manipal online University 

This university was started in 1953. This is approved by UGC- DEB, NAAC (A+), AICTE, NIRF, AIU, ICES

Specialization –

1. Finance 
2. Human resources management 
3. Marketing 
4. Retail management 
5. Analytics and data science 
6. Banking financial services 
7. Operation management 

Eligibility criteria

1. Completed bachelor degree 
2. A minimum of 50% marks for unreserved categories and 45% marks for reserved categories 
3. Qualified score in such tests as CAT/MAT/ CMAT 

Course fees structure and duration 

Course duration is 2 years

There are total 4 semester with 25 courses and total fees of online MBA course is 1,54,000 inr (37,500 per semester)

• Indira Gandhi National open University (IGNOU)

This is government open University that is recognized by UGC- DEB, NAAC (A+), AICTE, INC, NCTE. 

Specialization course as below –

1. Marketing management 
2. Financial management 
3. Human resources management 
4. Operation management 
5. Service management 

Eligibility criteria

Minimum 50 % marks required for online MBA course 

Graduation from any recognized university 

Course fees structure and duration 

Course duration is 2 years and total 4 semester with 21 courses

Total fees 62,000/-  (15,500/- per semester)   

FAQs– 

Qu .- Is online MBA course degree valid ? 

Ans – yes because AICTE ( All India council for technical education ) approves online MBA institutes

Qu.- Is online MBA worthful?

Ans – Absolutely yes .. It increase your earning potential with less time and cost

Qu. -Cheapest online collage in India 

Ans – IGNOU ( Indira Gandhi National open University)

Qu.- What are the fees for online MBA course 

Ans – it’s usually ranges between 50,000/- to 3,00,000/-

Qu.- What duration of online MBA course?

Ans – 24 months same as regular college

Qu.- What is eligible criteria for online MBA

Ans – Graduation from any approved collage with minimum 50% of marks.

Conclusion- 

In this article we wrote about some Best online MBA colleges in India with its advantage, specialization courses, fees, duration, criteria and placement and packages. So that you can build your career with cost effective solution in flexible time.

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DIPLOMA IN FINANCIAL ACCOUNTING: BASIC KNOWLEDGE 29 Oct 2024, 1:10 am

The Diploma in financial accounting Course has been designed to give knowledge on different hardware and software parts of computers, Operating systems, different packages used for different applications, database concepts & operations and different issues related to IT and application of IT. It teaches how to use accounting software like BUSY Accounting, Tally Prime, SAP Fico in Business.

Diploma in Financial Accounting Scope

Diploma in accounting and finance qualifies candidates for jobs as a bookkeeper, billing clerk, financial advisor, tax accountant, financial consultant, chief financial officer, financial assistant & accountant, certified public accountant and finance manager after graduation. You can also pursue other professional courses after graduation as well.

Diploma in Financial Accounting Highlights

Syllabus for Diploma in financial accounting

The subjects offered a part of the Diploma in financial Accounting impart Knowledge, the following areas of study;

Top Colleges for Diploma in Accounting and Finance in India 

 The name of some top institutes is listed below.

Diploma in Financial Accounting: Top Colleges

You are looking to pursue a Diploma in Financial Accounting, take a look at the following highly recognized colleges.

• University of Oxford, UK
• Centennial College, Canada
• Humber College, Canada
• Dublin Business School, Canada
• George Brown College, Canada
• St. Clair College, Canada

Skills Required

Management skills are an important factor in working as a financial accountant. Managerial skills such as budget preparation, scheduling and planning balance cheque books, capital investment strategies, the Diploma in financial accounting course also builds and much needed skills related to computer communication skills, Social and Behavior Presentation and so forth.

Career and Job Prospects:

Career Options After Diploma in Financial Accounting Course

• Accounts Manager
• Taxation Manager
• Finance Manager
• Assistant Accountant
• Taxation Assistant

Financial Accounting:

Introduction, origin, objective and growth of accounting, meaning of accounting between book-keeping and accounting and accountancy, nature of accounting, use of Accounting Information, Branches of accounting, Limitation of accounting ,systems of accounting.

Cost Accounting:

Meaning and scope accounting, objective, Difference between financial accounting and cost accounting.

Management Accounting:

Introduction budgets and budgetary control ,marginal costing and decision making ,marginal costing-basic concept, reporting to management.

Financial Reporting:

Introduction ,revenue and liability-based accounting standards, assets-based accounting standards, preparation of single entity statements, disclosure related accounting standards.

Taxation:

Introduction, constitutional validity of taxes, administration of tax law, sources of income tax laws in India ,direct tax & Indirect tax, impact of agricultural income on tax computation.

Principal of Auditing & Governance & Company Law:

Introduction, principles of auditing, objective, principles of auditing, detection and prevention of fraud, limitations of audit, advantages of audit. 

Read about diploma courses after 12th

Description

Course Name: Diploma in Financial Accounting
Course Id: DFA/Q1001.
Education Qualification: 10th Pass.

Duration: 370 Hour (Equivalent to One Year).

Total Credits: 18.

How You will get Certificate after Diploma in financial accounting:

 Step 1- Select your Course for Certification.

Step 2- Click on Enrol Now.

Step 3- Proceed to Enrol Now.

Step 4- Fill Your Billing Details and Proceed to Pay.

Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.

Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 6- After Payment You will get Study Material Login id and Password on your email id.

Step 7- After Completion of  Course Study give Online Examination.

Step 8- After Online Examination you will get Diploma Certificate soft copy

Step 9- After certification you will receive prospect job opportunities as per your interest Area.

Online Examination Detail:

• Duration- 120 minutes.
• No. of Questions- 60. (Multiple Choice Questions).
• 10 Questions from each module, each carry 10 marks.
• Maximum Marks- 600, Passing Marks- 40%.
• There is no negative marking in this module.

Documents Required

Here is a general list of documents that you might need to submit to secure admission to a Diploma in Accounting and Finance. For a college-specific list, you’ll need to check the college website.

• Marksheet and pass certificate of your class X or XII examination.
•  Proof of date of birth.
• School leaving certificate 
• Transfer certificate
• Domicile certificate / residential proof or certificate
• Provisional certificate 
• Character certificate 
• Scheduled Caste/ Scheduled Tribe/Other Backward Caste certificates  
• Migration Certificate 
• SOP 
• LOR 
• English Proficiency Test Scores like IELTS, TOEFL, PTE etc.

A Diploma in financial accounting can open doors to a wide range of career opportunities in both the public and private sectors globally. A few major options to explore have been mentioned below:

• Research firms
• Public accounting firms
• Multinational corporations
• Consultancy Services
• Accountancy firms
• Banks
• Underwriting Companies
• Startups

Conclusion:

The opportunity to pursue higher-level degrees after successfully completing the Diploma in Accounting and Finance course is really fantastic. The field of Diplomas in Accounting and Finance also offers a large number of diplomas. These include, for example, a diploma in financial management and accounting. Students can earn their degrees in these specific streams, which are soft of specializations under the Diploma in Accounting and management itself.

FAQ:

Q.1:Which Diploma in Accounting Courses:

Ans: Here are the best diploma in Accounting courses:
Level 7 Diploma in Accounting and Finance.
Diploma of Accounting.
POSTGRADUATE DIPLOMA IN FINANCE AND ACCOUNTING ONLINE.
ACCA.
CIPFA Diploma in International Public Sector Accounting Standards (IPSAS)
Diploma in Business – Accounting.

Q.2: Can I get a job after my Diploma in Accounting?

Ans: A diploma in accounting and finance qualifies candidates for jobs such as bookkeeper, billing clerk, tax accountant, financial advisor, financial assistant & accountant, financial consultant, chief financial officer, certified public accountant, and finance manager after graduation.

Q.3:  Is a Diploma in financial accounting worth it?

A financial accounting diploma can lead to a variety of career opportunities worldwide in the public and private sectors. The following are a few important options to consider: research companies in the public accounting industry

The post DIPLOMA IN FINANCIAL ACCOUNTING: BASIC KNOWLEDGE appeared first on Eduexa.

BEST COURSES AFTER 12TH COMMERCE 26 Oct 2024, 2:51 pm

Who have completed their studies in commerce groups. With a multitude of options available, it is difficult to choose the best courses after 12th Commerce that offers a lucrative career. Also, in this competitive environment, studying in a reputed institution impacts your career growth. If you are freshly out of class 12th after studying commerce, You must have already made your mind about chartered Accountancy [CA] or Bachelor of Commerce [B.COM]. You could also consider Bachelor of Business administration [BBA] or Master of commerce [M.com]. These courses cover important topics like accounting and finance, setting you up for success in the corporate world. But if you’re unsure about your next action, this guide will steer you in the right direction, making your career decision clearer.

List Of Highest Salary Career Options After 12th Commerce

1. Financial Markets –  Bank or credit unions, for loans or savings accounts, securities markets, such as the new York stock Exchange or American stock Exchange. Different types of financial markets include stock market, bond markets, forex market, and commodities market.
2. Corporate Entrepreneurship – A corporate entrepreneur is a person that works on developing new ideas and innovation projects inside an existing organisation.
3. Organisational Behaviour – Organisational behaviour describes how people interact with one another inside of an organisation, such as a business. Organisational behaviour is the study of how individuals and groups interact within an organisation and how these interactions affect an organisation’ s performance toward its goal or goals and objectives.
4. Strategic Management –  Strategic Management involves developing and implementing plans to help an Organisation achieve its goals and objectives.

      5. Corporate communication –  Corporate communication is how companies share information to internal and external audiences                   and engage these audiences in bid to manage brand perception.

6. Managerial Economics – The basic managerial functions or activities are planning, organising, leading, and controlling.
7. Material Management – The process of planning and controlling material flows. It includes planning and procuring materials, supplier evaluation and selection, purchasing, shipping, warehousing and inventory, and materials distribution.
8. Engineering Management –  Engineering Management covers the gap between engineering and business management, the combination of technical and economic decision- making with analytical skills, optimization capabilities, and technical product development. 
9. Financial Management – Financial management is all about monitoring, controlling, reporting and protecting a company’s financial resources.  

List Of Best Courses after 12th for Commerce Students

The students who have studied commerce in their 12th level usually take up B.com at their undergraduate level. However, there are various other courses that students from a commerce background can study. The students need to check the eligibility criteria and the colleges/ universities offering such courses while selecting the course. 

Given below is the list of best courses after 12th commerce students:

Jobs and career opportunities after 12th commerce

There are numerous career opportunities for candidates who choose commerce after class 12th. Most of the jobs are in commerce, accounting, banking, and finance domains. Below listed are a few job profiles and career opportunities after 12th commerce.

Details about Top Courses after 12th for commerce students

B.COM

Bachelor of commerce, also known as B.COM/B.COM{Hons} is an undergraduate degree that can be pursued by students who have cleared class 12th in science Arts or commerce stream. B.COM is a three year undergraduate degree that focuses on commerce, economics, accountancy, business law, taxation, and financing .

Chartered Accountancy {CA}

CA is a course commerce student can pursue to become chartered accountancy pursue CA in india, CA are financial professionals who execute accounting procedures. The CA designation is granted to accounting professionals in many countries around the world aside from the United states. The equivalent to the CA designation in the U.S. is a chartered public accountant.                        

Cost and Management Accountant 

Cost accounting is used for shareholders, management and vendors whereas Management accounting is only used for Management of the Business. Cost Accounting is quantitative in nature whereas management Accounting is both quantitative and qualitative in nature. 

Top courses after 12th commerce with mathematics 

• B.COM {Honours}
• B.COM in Accounting and Taxation
• B.COM in Statistics
• B.COM in Management Accounting & International Finance
• B.COM in Accounting
• B.COM Applied Economics
• B.COM Banking & Finance

Top Courses after 12th commerce without Mathematics

. B.COM[General} 

. B.COM Business Administration

. B.COM Tourism & Travel Management

Conclusion

We hope you make the best course and college decision with the information made available to you. The commerce stream in India offers a variety of career options after 12th commerce. You have a plenty of options to choose based on your career choices, expertise and interests. Happy Studying!

FAQs on courses after 12th commerce-

Q.1: Which is the best commerce course after 12th class?

Ans: A best course is also the most suitable course for the student and for each student the best course could be different. So let us focus on popular commerce after 12th.

Q,2: Can I get B.Com with commerce without maths?

Ans: Commerce without maths students, B.Com course is available in universities of India.

Q.3: Can I go for BCA or BBA after class 12th with commerce?

Ans: Yes, You can opt for BBA or BCA as their bachelor’s degree. While BCA is more suitable for commerce with maths students, BBA is suitable for commerce without maths students.

Q.4: How can I pursue CA or CS after class 12th with commerce?

Ans: The candidates need to register with ICAI or ICAI. They will be then required to complete different levels of the course and clear their exams.

The post BEST COURSES AFTER 12TH COMMERCE appeared first on Eduexa.

BEST PROFESSIONAL COURSES AFTER GRADUATION 26 Oct 2024, 3:55 am

What to pursue after graduation is a major decision that one has to take as the line of choice would determine the career one plans in the future. There are multiple options available to students based on their interests and skills, both online and offline. This article will explore all the popular professional courses after graduation that can be pursued.

What is graduation?

Graduation is the successful completion of a course of study at a university/college, for which you receive a degree or diploma. They asked what his plans were after graduation. They decide to pursue a masters that is called a postgraduate degree. 

What is a Professional Course?

As the term suggests, a professional course is one that centers around a particular subject area and is thus modified as per the requirements of a specific industry. By pursuing a professional course students obtain specialization in an academic domain of their choice in which they foresee their professional future. These courses put emphasis on professional growth, corporate requirements, skill development, interactive abilities, etc. Specifically designed to meet industry standards, the eligibility criteria set for pursuing these courses vary on the basis of the industry. The only way to preserve a spot for oneself amid the existing rat race is by obtaining a professional course.

Top 10 Professional Courses after Graduation

1. Post Graduate Diploma in Management (PGDM) 

PGDM is a type of course called Post Graduate Diploma in Management. The PGDM is a two-year postgraduate diploma program that offers practical knowledge of business management and administration. PGDM is very similar to an MBA, and both deal with management studies at the postgraduate level and improve the knowledge in business and management fields.

Eligibility Criteria: 12th pass in any stream 

Age : no age limit 

Entrance exam: no entrance exam need

Fee: 40k to 1 lakh.

Duration: 1-2 years

Job Opportunities: Investment Banker, Financial Advisor, Private Banker, Financial Analyst, cashier, Asset Manager, Retail Banker, Cash Manager, Corporate Controller, Marketing Manager etc.

2. MBA (Masters in Business Administration)

In India, a Master in Business Administration degree is one of the most popular professional courses after graduation. It is a 2-year postgraduate qualification designed to equip students with advanced business skills and knowledge. In India, to pursue an MBA, they provide a wide range of subjects, including finance, marketing, human resources, etc.

Eligibility Criteria:  minimum bachelor degree in any field like B.com, BBA, BCA etc.

Age : Minimum candidate at least 21 years old or more.

Entrance exam:  CAT, MAT, SNAP, NMAT, GMAT etc.

MBA Fee: 1 lakh to 30 lakh in India. 

Duration: 2 years.

Job Opportunities: HR Manager, Sales Manager, Business Consultant, Investment Banker, Administrative Manager, Import and Export Manager, Media Planner, Market Research Analyst ,sales executive etc.

3. Human Resource Management

A Master’s in Human Resource Management (MHRM) can help you develop the skills, experience, and knowledge needed to succeed in a career in human resources. That helps to manage human resources to achieve the goal.

Eligibility Criteria: required bachelor degree in any field. 

Age :no age limit.

Entrance exam: no

Fee:50k to 100000.

Duration: 2 years.

Job Opportunities: HR Manager, Labor Relations Specialists, Occupational psychologist, Payroll Specialist, Employee Relations Manager, Training and Development Manager, Chief Human Resources Officer, Technical Recruiter.

4. Project Management

Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. It is good choice of professional courses for the students who possess managerial and leadership skills.

Eligibility Criteria: required bachelor degree in any field. 

Age : No age limit.

Entrance exam: no

Fee: 50k to 100000.

Duration: 2 years

Job Opportunities: Assistant manager, General Manager, Project Manager , Community Manager, Project Coordinator, Operations Manager, Logistics Coordinator, Project Architect, Service Manager, Project Team Lead.

5. PG Diploma in Digital Marketing 

Digital marketing is type of marketing that provides awareness and promotion on the internet, also called online marketing or brand marketing. Digital marketing provides awareness about brand and promotion of brands to connect with potential customers that helps to connect customers in digital communication, via social media, website etc.

Eligibility Criteria: 12 passed  and bachelor degree any type of education qualification can do digital marketing .

Age : No age limit 

Entrance exam: there are no special exams conducted for digital marketing admission. 

Fee: 20k to 1 lakh.

Duration: 3 month to 1 year

Starting salary of digital Marketer: 

20K to 1 lakhs per annum

Job Opportunities: Brand Manager, Web Designer, Social Media Manager, Web Content Developer, SEO Specialist, Advertising Manager, Paid Media Executive, ORM Executive,

6. Masters in Data Science or Machine Learning.

Masters in Data science and machine learning are highly lucrative and recently gaining extreme popularity. It is a highly technical field which requires good aptitude and Mathematics. It is preferred choice of professional courses among the students who are good at mathematics and statistics.

Job Opportunities: Data Architect, Data Scientist, Business Intelligence Analyst, Data Administrator, Data Analytics Consultant, Big Data Engineer, Management Analyst, Computer Scientist, Research Analyst Data management manager .

7. Corporate Law / LLB 

(LLB) stands for Bachelor of Laws, which is an undergraduate law degree  that  helps to provide  skills to analyze cases  in the high court for legal  proof of who is right and wrong according to evidence. LLB is the most common law degree and among the most sought for professional courses in India. The  Latin name of LLB is  “Legum Baccalaureus”. 

Eligibility Criteria: after 12th 5 year program and bachelor degree after 3 year program 

Age : no minimum age

Entrance exam: CLAT etc.

Fee:1 lakh to 5 lakh per year

Job Opportunities: Lawyer, Corporate Paralegal, Law Firm Associate, Corporate Events Associate, Legal Officer, Intellectual Property Lawyer, Civil Judge, Chief Legal Officer, Legal Analyst ,legal advisor. 

Popular professional courses after graduation depending on your stream: 

Commerce stream related courses 

• Chartered Accountancy (CA)
• Company Secretary (CS)
• Master of Business Administration (MBA)
• Certified Management Accountant (CMA)
• Chartered Financial Analyst (CFA)
• Business Analytics
• Master of Commerce (M. Com)
• Bachelor of Laws (LLB)
• Data Science
• Digital Marketing

Science stream related courses.

• Bachelor of Science in Nursing
• Bachelor of Pharmacy
• Bachelor of Medicine and Bachelor of Surgery
• Bachelor of Technology
• Engineering
• Architecture
• Dental Degree
• Bachelor of Computer Application
• Automobile 
• Dental degree
• Architecture
• Automobile Engineering
• Agriculture
• Computer Science
• BSc Physics

Art stream related courses

• Bachelor of Fine Arts
• Fashion design
• Bachelor of Arts
• Bachelor of Business Administration
• LLB
• Bachelor of Design
• Photography
• Bachelor of Education
• Diploma in Education
• Hospitality management studies
• Integrated law course
• Animation
• Bachelor of Library Science
• Bachelor of Physical Education

Stream based popular colleges

1. Commerce stream 

• Lady Shri Ram College for Women (LSR), Delhi:
• St. Xavier’s College, Mumbai:
• Loyola College, Chennai:
• Hindu College, Delhi:
• Goenka College of Commerce and Business Administration, Kolkata.

2. Science stream 

• IITs
• Arihant Group Of Institutions. 
• Padma College. 
• Goldcan Education Services. …
• Bright International Educational Trust. 
• City College. 
• Surana College.
• C V Gurukula College. 
• Indian School Of Business Management and Administration. 

3. Art stream 

• Christ University Bangalore.
• Vivekananda Degree College Bangalore.
• Kristu Jayanti College – [KJC] Bangalore.
• Jain University Bangalore.
• St. Xavier’s College, Mumbai
• Hindu College
• Loyola College

Conclusion

The zestful environment in the educational field brings up a plethora of career options for students. All the educational streams comprise great opportunities which can land you on your desired goals. Students can find a legitimate career path based on their field of interest. A huge variety of specialization areas are open to students.

Most Popular Professional Courses after Graduation FAQs

1. After graduation, which course is best for Indian students?

If you are planning to pursue higher studies and wondering after degree what are the best courses after graduation, we have provided the consolidated list of best professional courses after graduation:

• MBA
• Digital Marketing
• MTech
• Hospitality Management Studies
• Postgraduate Diploma
• Certification in Finance & Accounts
• Mobile App Development
• Project Management
• Master of Arts
• Computer Application Diploma
• LLB
• Chartered Financial Analyst

2. What is meant by a professional course?

Professional courses are the type of courses which are designed to provide industry specific knowledge and practical skills required in the field of choice. Another plus point of pursuing a professional course after graduation is that you get a certificate post completion, unlike regular courses. Some of the best courses after graduation for Indian students are Engineering, Digital Marketing, Biotechnology, Hotel Management, Architecture, Law, Journalism, Medicine, Arts, Coding, Finance, Fashion Designing, and many more.

3. Which skill is best after graduation?

 Whether you are planning to take up a job or go for further higher studies, some of the technical skills such as Coding, Digital Marketing, Sales, Design, Systems Engineering, Product Management, Data Science, Software Engineering, and many more will help you after graduation

4. Is MBA a professional course?

Master of Business Administration is one of the most popular courses worldwide and students across the globe desire to pursue a basis. Yes, MBA is a professional course. There are professional bodies that provide accreditation to MBA schools. The most prestigious ones are Association to  Google European Quality Improvement System .

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DIPLOMA COURSES AFTER 12TH: ALL STREAMS 25 Oct 2024, 2:02 am

Introduction

The most frequently asked question by students is what to do after 12th. Nowadays, students are looking for ways to earn side income to handle their daily expenses. For such problems, diploma courses after 12th are one of the best solutions. Diploma courses make a person skilled and job-ready in less time. This blog will provide all the information related to diploma courses after 12th as well as career growth and opportunities. 

List of Diploma courses after 12th

• Diploma in Patisserie & Confectionery
• Diploma in Engineering 
• Diploma in Fashion Designing
• Diploma in Interior Design
• Diploma in Pharmacy
• Diploma in Event Management
• Diploma in Hotel Management
• Diploma in Digital Marketing
• Diploma in Computer Science Engineering
• Diploma in Business Management
• Diploma in Accounting and Taxation
• Diploma in Banking and Finance
• Diploma in Animation and Multimedia

Advantage of Diploma Courses after 12th

When you pursue your diplomas from top institutes like IIM, IITs , etc. you learn skills and growth in career is inevitable. Following are the advantages of pursuing Diploma courses after 12th:-

Makes you job ready: Diploma courses make you job-ready faster, as diplomas are for a shorter period of time. It polishes your skills to do wonders in professional life.

Cost and Time effective: Diploma saves your cost and time. The curriculum of 3 years can be completed in 2 years.Diplomas are quite cheaper than degrees.

Flexibility: Diploma courses may be much more flexible than degree courses. You may have the option to earn a diploma through online or offline learning. Those who finished diploma courses can go ahead for other courses and study with less spending.

Career Opportunities: A diploma provides more career opportunities as it focuses on practical learning needed for a particular field. It bridges the gap between academic theory and practical application.

Enhances hobbies: Diploma enhances your hobbies as well as it gives a direction to people in converting hobbies into income generating opportunities.

Diploma Courses after 12th Commerce(Duration 6-12 months)

1.Diploma in Business Management

This course is designed to provide students with a broad understanding of business principles and concepts. With this diploma, one can work in marketing, finance, sales and human resources.

2.Diploma in Finance Accounting

This diploma provides students with necessary skills and knowledge about financial transactions, preparing financial statements, and analyzing financial data. It covers topics like accounting principles, auditing, taxation and financial analysis.

3.Diploma in Retail Management

It focuses on the principles and practices of managing retail businesses. It covers topics like merchandise, customer service, inventory management, sales management, and retail operations.

4.Diploma in Digital Marketing

It teaches students how to use digital tools and platforms to promote products and services. It covers topics like search engine optimization, social media marketing, email marketing, and digital advertising.

 5.Diploma in Foreign Trade

This course provides students with an understanding of the international trade system, import and export regulation, documentation, documentation and logistics. It covers topics like international trade law, foreign exchange management, global supply chain management, and trade finances.

6.Diploma in Business Analytics

It is designed for students who are interested in data analysis and decision making. It covers topics like statistics, data mining, data visualization, and predictive modeling.

7.Diploma in Event Management

Event Management is designed for students who are interested in event management. This courses focuses on event planning, event marketing, budgeting and logistics management. It covers planning, coordination, and execution of the event.

8.Diploma in Fashion Designing

It focuses on garment construction, textile design, and fashion illustration. They learn to push boundaries and stay ahead of industry trends. Graduates are equipped to shine as fashion designers, stylists, or entrepreneurs after hands-on projects and exposure to cutting-edge techniques.

9.Diploma in Graphic Designing

It teaches students principles and practices of graphic design, including typography, logo designing, color theory, and digital design tools. It strongly emphasizes practical projects that use design tools to prepare students for careers in digital media, branding, and advertising.

10.Diploma in Interior Designing

This program covers principles like space planning and color theory. It prepares students for roles as interior designers or consultants. The curriculum focuses on design software, sustainability practices, and so on.

Diploma Courses after 12th Science

1.Diploma in Architecture

Diploma in architecture focuses on design and architecture of a building. It covers topics like building construction, architectural planning, and software.

2.Diploma in Industrial Design

It focuses on creating a product which is both functional and aesthetically pleasing. It covers topics like product design, computer aided software, and manufacturing process.

3.Diploma in Electronics and Communication Engineering

This diploma focuses on providing students knowledge of electronics

and communication technology. This covers topics like digital electronics, microprocessor and communication systems.

4.Diploma in Information Technology

It teaches students about information technology and its various applications. The curse covers topics such as programming, database management and networking.

5.Diploma in Aeronautical Engineering

This diploma provides students knowledge with skill in aeronautics. It covers topics like aerodynamics, aircraft design and maintenance .

6.Diploma in Medical Lab Technology

This diploma teaches students how to perform medical lab testing and procedures. This covers topics like hematology, microbiology and clinical chemistry.

7.Diploma in OT Technician Course

This course provides knowledge of performing theatre procedures and techniques. The course covers topics like sterilization, patient positioning and surgical instrumentation.

8.Diploma in Hospital Administration

The diploma teaches students about healthcare management and administration. The course covers topics like healthcare finances, healthcare laws and regulations and hospital operations.

9.Diploma in Food and Nutrition

A diploma in food and nutrition teaches about nutrition and dietetics. The covers topics like food science, human nutrition, and diet planning.

10.Diploma in Textile Design

It teaches how to create and design textiles for various applications. The course covers topics like textile design software, fabric printing and dyeing.

Diploma Courses after 12th Arts

1. Diploma in Interior Designing

This program covers principles like space planning and color theory. It prepares students for roles as interior designers or consultants. The curriculum focuses on design software, sustainability practices, and so on.

2. Diploma in Graphic Designing

It teaches students principles and practices of graphic design, including typography, logo designing, color theory, and digital design tools. It strongly emphasizes practical projects that use design tools to prepare students for careers in digital media, branding, and advertising. Top designing applications include Adobe, Canva, Photoshop etc.

3. Diploma in Fashion Designing

It focuses on garment construction, textile design, and fashion illustration. They learn to push boundaries and stay ahead of industry trends. Graduates are equipped to shine as fashion designers, stylists, or entrepreneurs after hands-on projects and exposure to cutting-edge techniques.

4. Diploma in Event Management

Event Management is designed for students who are interested in event management. This course focuses on event planning, event marketing, budgeting, budgeting and logistics management.

5. Diploma in Digital Marketing:

It teaches students how to use digital tools and platforms to promote products and services. It covers topics like search engine optimization, social media marketing, email marketing, and digital advertising.

6. Diploma in Journalism and Mass Communication

This diploma gives knowledge about mass media and journalism. This covers topics like journalism fundamentals,including news reporting ,writing and editing.

7. Diploma in Foreign Languages

It is an excellent choice for people who want to learn new languages and develop communication skills. This course covers topics like basics of language, including grammar ,vocabulary and pronunciation. 

8. Diploma in Beauty and Wellness

It is a popular choice for students who want to pursue their career in the beauty industry. This course covers topics like basics of beauty treatments, including skincare ,haircare and makeup application.

9. Diploma in Multimedia & Animation

Animation is everywhere, from films to television to commercials, creating a high need for talented t and skilled animators in the industry. It is one of the best diploma courses for arts students, who desire to create magic and make their ideas a reality.

10. Diploma in Travel and Tourism

This diploma courses after 12th arts, offers students a wide awareness of the tourist industry and its operational components and knowledge of the ideas behind them. The course covers the following subjects – Fundamentals of Tourism, Management, Public Relations, Tourism Policy and Law.

Diploma vs Degree

Conclusion

Diploma courses after 12th provide so many career options to students, which helps in skill development and income generation. It provides students with the necessary expertise to excel in their chosen field. Diploma courses are a valuable investment in future career prospects. Whether it’s any of these diplomas, it paves the way for success in various fields.

FAQs

1.What is the duration of a diploma course?

Ans: The normal duration of a diploma course is 6-24 months.

2.Why choose a diploma over a degree?

Ans: Diploma provides training and necessary knowledge in less time than degree which makes job ready in less time.

3.When to pursue a diploma?

Ans :You can pursue a diploma right after your 10th or 12th.

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