MBA in HR(Human Resource)

Human Resources, or HR, as this department is known in larger companies, plays a leading role and entails a wide range of business based areas.

The staff and management of these companies is dependant on the organized and thorough competency of the HR department for recruiting and selecting staff as well as for initiating policies.



The holder of an MBA in Human Resources will be looked upon as someone whose skills and qualifications are ideal for this type of position.

Companies are always on the lookout for managers of HR who are holders of an MBA in Human Resources. A potential employer who sees that you have these qualities will undoubtedly be interested in hiring and promoting you in HR management and administration.

The challenging and fast paced work conditions demand that you can perform your job with competence and confidence. The program of MBA in Human Resources will ensure that you acquire the necessary skills and knowledge required in this type of job and environment.

In order to enter a management or administration position in HR, there is no doubt that the qualifications received by studying in the MBA in Human Resources program are entirely necessary. They will surely aid in the smooth running of the business and instill confidence in anyone coming in contact with the department.

An MBA in Human Resources is the perfect way to progress if you are already working in lower level positions within an HR environment. You will surely rise on the ladder to success and reach senior roles as your expertise and qualifications promise a wonderful career with a salary to match. Your chances of promotion can improve dramatically with an MBA in Human Resources to your credit.

The options available for study are wide-ranging, from traditional full-time campus attendance all the way to private scheduling in online courses. MBA in Human Resources can be studied in any of these flexible online programs while attending to any and all scheduling commitments.

MBA Finance and Accounting Careers

Finance and Accounting Careers Accounting or financial managers are the people responsible for overseeing and maintaining the financial strategy and history of a company. The accounting manager is focused more on financial reporting, while the financial manager is focused on strategy and money management. Finance has been one of the more popular choices for MBA focus or concentration. A finance MBA can offer numerous possibilities and can be an effective tool to help with promotions in the professions discussed below. Most prospective jobs for finance MBAs fall within investment banks, corporations, and securities firms. Many finance MBA graduates also follow careers in the consulting industry . Financial Managers or Financial Analysts Financial analysts and managers use historical (accounting) data in their decision making, however the number one role of the financial manager is to oversee the production of financial analysis and reports to help the company with decision making, business development, strategic planning, and alliance management. Through the use of these reports, the financial analyst helps to shape the company’s investment and business growth. Cash management strategies developed and implemented by the financial analyst help the company to grow efficiently and allow for maximum profitability in its investments. Financial analysts and mangers play an important part in mergers and global financing and expansion. Highly specialized knowledge in these areas is an important asset to the financial manager and his or her employer to maximize potential profit and reduce risk. Many companies utilize globally active consulting firms exclusively for these purposes. Accounting Managers Accounting managers working in a corporate setting perform responsibilities relating to tax reporting and management, and creating income statements inside of controller and audit groups. This career path may bring one to the positions of corporate treasurer, corporate controller, or CFO (chief finance officer). Professional accountants working for a public accounting company will perform functions similar to those performed by independent audit or tax consultants. An educational history or background based in accounting, either as a Masters degree or as a finance MBA, will give you some of the coursework you need to have in order to take the CPA (Certified Public Accountant) exam. Corporate Controllers A controller is someone who is in charge of preparing a company’s financial reports to forecast and sum-up the company’s financial situation. The statements a controller would get together consist of balance sheets, income statements, earnings analyses, and expense analyses. Regulatory agencies may also require special reports from companies. Controllers prepare these reports. In addition, a controller will frequently be over the budget, auditing, and accounting departments of a company. Chief Financial Officers The top financial executive of an organization is the CFO. The CFO supervises all accounting and financial operations, as well as administering the company’s general financial policies and strategies. While the CFO in a small company will often be responsible for all of the financial management duties, a CFO in a large company may delegate some or all of the responsibilities to other managers or vice presidents within the company. Treasurers and Finance Officers Finance officers other than the CFO and treasurers oversee and guide a company’s financial objectives and budgets. The financial officer may formulate and implement strategies to raise capital, oversee cash management, or manage the company’s capital investment activity. Financial officers also play a significant role in a company’s merger and/or acquisition activities. The treasurer, while he or she may share some of the financial officer’s duties, will usually have some banking experience. Cash Managers The Cash Manager is responsible for overseeing and controlling cash flow, both accounts receivable and accounts payable. He or she is also responsible for ensuring that the cash position of the company is sufficient to meet current and forecasted needs, or whether adjustments in investment quantity and type are necessary. Risk and Insurance Managers Business operation and transactions involve a certain amount of risk. Risk managers and insurance managers work to minimize the amount of loss a company incurs and the amount of risk it is exposed to. Management Consultants Management consultants work to help companies with a wide variety of problems and issues. Everything from profitability improvement to corporate restructuring to financial strategy. The MBA going into this field should have either an expert understanding of a wide base of knowledge, or be highly skilled in two or more sub groups. The management consultant will also help companies with cash management and emerging market analysis. Investment Bankers An investment banker will work together with corporations needing capital to grow and institutions or investors who have money available to invest. An MBA is an enormous asset in this field as the investment banker will be giving investment advice to his or her clients regarding raising capital. Most investment banks have a corporate finance division that assists clients in structuring financial instruments such as stocks or bonds to raise capital. Investment Banking Associates People graduating with an MBA in finance often begin their career as an associate with an investment bank firm or investment firm. This is usually at least one level above the entry-level position as an analyst typically obtained by persons with only an undergraduate degree. Most analysts end up pursuing an MBA degree after a couple of years in the industry in order to obtain promotions. Many people in the corporate finance side of investment banking will obtain a CFA (Chartered Financial Analyst) designation as a supplement to their MBA. The Association for Investment Management Research (AIMR) is the governing body for the CFA exam and designation. The mergers and acquisitions departments of investment banks provide consulting services to companies in the process of merging or acquiring other companies or organizations. Organizations wishing to acquire, dispose of, or invest in real estate will deal with the real estate division of an investment bank. Equities research and consulting for private clients are also frequently chosen as career paths for MBAs with focus in investment banking. Investment Sales Associates and Traders While MBA skills and knowledge are not explicitly required in this field, they do come in as very valuable in enabling a person to understand the economic principles that drive the financial markets. Investment traders and sales associates assist corporate or institutional investors in the purchase and sale of securities such as stocks and bonds. The sales associate makes recommendations and helps with the analysis, while the trader actually executes the orders for the client. Credit Managers and Specialists The Credit manager is in charge of managing the credit a company may issue to its clients or others. Credit managers formulate criteria for rating risk and credit, determine the maximum amount of credit to offer, and supervise past-due account collections.

Universities offering Distance MBA

• IIM's Ahmedabad, Bangalore, Calcutta, Kozikode & Lucknow have used platform provided by NIIT Imperia and HughesNet to provide distance online MBA courses to working executives. Key features of program delivery are -
  
  • The Interactive Onsite Learning Platform is very advanced that combines the critical aspects of verbal and visual communication - two-way video and audio synchronized with rich content, collaboration, discussion groups, application sharing and live interaction.
  • The communications platform reaches large numbers of people in real-time. With this platform, live sessions become highly intuitive and effective, as video and rich interactive content are delivered directly to the desktop of the student.
  • The core of the network is the Studio where the Instructor sits. The studio is fully equipped with all required audio, video and computer systems that allow the instructor to teach and interact with students who could be spread across the country.
  • At the other end, the student sits in a classroom (with one of more PCs connected to the VSAT receive and transmit system) and is able to follow the lecture, answer questions and participate in study groups and discussions, all using the PC and its multimedia features.
• Symbiosis Centre for Distance Learning (SCDL) is most sought after distance learning institutes of India. SCDL has pioneered several new concepts in distance education in India such as:
  
  • Introduction of a “Blended Learning” methodology for all our programs, combining all the three forms of learning, namely, published/printed self-learning material, e-learning and pre-recorded DVD lectures and faculty interaction.
  • Introduction of highly interactive e-Learning content as a supplementary learning methodology to improve the understanding of concepts through case studies and practical examples, thereby bridging the gap between the book and the classroom.
  • Online student portal which provides the students all the relevant information throughout their tenure at SCDL.
  • Online assignments provide students the flexibility and convenience to submit assignments at any time and receive immediate results and feedback.
  • Online On-demand examinations are conducted across India and abroad, throughout the year which provides students the ultimate convenience of booking a date, time and place of their choice to appear for the examinations.
• Sikkim Manipal distance MBA is delivered through EduNxt platform. It was launched by SMU-DE in May 2009 by Steve Ballmer, CEO Microsoft Corp. USA and Anand Sudarshan, CEO Manipal Education.
  
  • EduNxt is the next generation learning system that fully takes advantage of modern teaching techniques to create a virtual classroom where students come together to learn from distinguished faculty and each other.
  • The EduNxt platform is an easy to use delivery system.
  • It enables a collaborative and interactive environment for learning and includes small group mentoring, virtual classrooms, simulation, self-study content, recorded presentations and shared browsing.
• IGNOU Management Programme is one of the leading Management Programmes in the world. It also offers MBA Programme in Ethopia at Addis Ababa University. Starting its operation in 1987, the School of Management Studies today offers a wide range of courses. The School follows a system of course-wise registration in its management programme. The Main features of their distance learning MBA are -
  
  • Tutor Marked Assignments, project works, practical and the Term End Examinations.
  • On-Demand Examination which provides completely flexible system of examination independent of the traditional fixed time frame. Opportunity to choose the exam dates and venue.
  • Under the scheme of On-Demand Examinations, IGNOU students can walk into the identified OD Exam Centre of the University on the prescribed days as per their choice and appear for the examination in the course in which they are registered. They may not require to wait for the six monthly term end examination.
  • IGNOU Online is catering to the learning needs of IGNOU learner community.
  • eGyanKosh is the digital repository of programme based learning content available in text and video formats.
  • Education Broadcast is a webcasting facility linking to educational channels – Gyandharshan, Gyanvani and EDUSAT.
  • Virtual Class provides links to all the online programmes of the University
• The ICFAI University MBA Program is a broad-based management program designed to provide good understanding to students in different aspects of management. The salient features of ICFAI distance MBA are -
  
  • The University provides a detailed study plan and prescribed books specially designed (as per the curriculum)
  • MBA Program is essentially based on self-study and examinations. Students may attend contact classes on an optional basis.
• IMT, Ghaziabad - The salient features of distance MBA from IMT are -
  • IMT - CDL has been recognised by Distance Education Council
  • Students can download assignments and check their academic progress online.
  • There are Study Centres in various States to enable the students to have better services and facilities for Counselling and Personal Contact Programme
  • IMT-CDL has added five more Regional Centres at Delhi, Noida, Mumbai, Nagpur and Hyderabad. Thus, now there would be six Regional Centres including Kolkata Regional Centre, which is already functional
• Karnataka State Open University is a recognised University of Distance Education Council (DEC), New Delhi and regular member of the Asssociation of Indian Universities (AIU). The key features of Distance MBA offered by KSOU are -
  
  • Self learning material for all courses. The SLM is much better than the books available in the market and it covers all the course curriculum of the University and these are specially designed of KSOU students. SLM contains question, chapter end exercise and also have space to make notes in every pages. The language is also very easy and understandable to normal students.
  • University has converted the Self Learning Material into Computer Bases Tutorials (CBT). The gist and essence of the text books are converted to digital frames that are embedded with animations, movies, graphs and online questions. With the help of CBT any student can study at his / her home or at any place where computer is available.
  • University has also created Learning Management System (LMS) which is an online tool through which any student of KSOU can learn anywhere with the help of internet. LMS can tie together administrators, teachers and students in an online space. This shows online real-time replication of actual classroom.
  • On demand examination - KSOU is conducting online examination of the students enrolled under various programs through model test centres in different parts of the Country. The Online Examination is fully automated, hence no intervention of manual system.

why an MBA,how an MBA

MBA Experience,
Acquiring a MBA degree, can provide you with management skills and business proficiency that open new career prospects to you. Arpita Banerjee compiles various options available for MBA aspirants
In today’s fast-paced competitive world, management learning has become the need of the hour. An MBA or PGDBA course enables you to expand your horizons to get ready for the world of business for the future. Having a MBA degree on one’s resume greatly enhances the chance of getting a job with a good company.
Why an MBA?
Master of Business Administration or MBA in India is today one of the most preferred courses. The impact of privatization and liberalisation has increased the need for managers in business establishments across all the sector of the economy and those with an MBA degree from a reputed business school in India are the real beneficiaries of the changes brought by the globalization.
Career Counsellor Jayanti Ghose says, “MBA came into prominence in the early eighties with the increase in private sector jobs. It became a prominent education choice for engineers who could not find enough well-paid jobs or those who were not moving to the civil services. Today, it is a coveted degree because it leads to the highest paid jobs especially from the prominent business schools, and money always attracts.”
Choose your pick
When applying to business school, it is very important to know the different types of MBA programs available. Below are the alternatives you may be interested in.
DISTANCE LEARNING MBA
Distance learning came into picture with the increasing demand of MBA degree in almost all the professional fields. The best learning methodology is obviously online education as this will not hamper of disturb an individual’s present occupation.
EXECUTIVE MBA
The Executive MBA, commonly referred to as the EMBA, is designed specifically to enhance the careers o working business professionals and managers as well as executives.
ONLINE MBA
The main advantage o the online MBA courses is that candidates can get all the study materials without going to an institute. Moreover, most of the organizations providing online MBA courses in India make it a point to provide regular classes, which the students can attend from the comfort of their home.
TWO-YEAR MBA
A typical two-year MBA programs typically consist of four semesters. The classes are taken over the course of two academic years. Most students will take a three to four month internship between academic years.
PART-TIME MBA
Part time MBA courses can also be used s a means of changing one’s career or to accelerate the existing career. Having a part time MBA degree under one’s belt, increase job opportunities manifold. Compared to a full time program of two years, normally a part time MBA program takes three to five years depending upon institution and course.
Getting ready
Here are some tips to prepare on important aspects:
(a) Quantitative Aptitude: A candidate seeking admission to MBA programme is expected to have aptitude for basic and elementary accounting as well as the knack of solving the simple arithmetic problems.
(b)   Logical Reasoning: There could be questions on series of words and figures, arrangement of alphabets, brain teasers or even such questions as only all for drawing logical inferences.
(c)   Comprehension Test: It is aimed at gauging the understanding of English language by the candidates.
(d)   General Awareness: It aims to judge the knowledge of the candidates.
Scope of MBA
The scope for a MBA graduate is unparalleled. Apart from attractive pay packets and placements being offered at college-level itself, it opens doors to various sectoral opportunities. The Indian Corporate world has seen many MBA professionals occupying top slots in the corporate ladder.
Reality Bytes
Jayanti Ghose provide some facts which MBA aspirants must consider:
Not all business schools offering MBA can help them to get into the jobs / organisations offering newsworthy salaries
The cost-to-company salary packages don’t translate to the same amount of cash divided by 12, and since the components (future payments included with conditionalities like duration of service, etc.) are not spelt out.
Even in a reputed business school, there is a wide difference between the highest salary and the lowest among the accepted offers on campus.
Those who switch to MBA from other professional areas such as engineering, medicine, sciences, etc., should not expect either academic background to have a direct role in the nature of job. Hence, an engineering graduate shouldn’t expect to do an engineering job after MBA or the biotech graduate to essay a scientific role after MBA.
While the minimum eligibility criterion of 50% is more or less universal, merely clearing that is no guarantee of admission into a reputed b-school even after exceptionally high scores in the relevant management entrance test scores. Most business schools today set minimum cut off marks secured at class 10^th, class 12tj and graduation also while shortlisting applicants for group discussion and interview, and not just on the basis of the percentile/score of the management entrance test (CAT/XAT/MAT) etc

Study at Lincoln

Finance MBA - Lincoln
Faculty: Business and Law
School: Lincoln Business School
This Lincoln Business School MBA General Management degree is designed to provide successful graduates with a rigorous training in business and management leadership activities. It builds upon the experience of a staff team that has many decades of experience in such work.
Master of Business Administration MBA - Lincoln
Faculty: Business and Law
School: Lincoln Business School
This Lincoln Business School MBA General Management degree is designed to provide successful graduates with a rigorous training in business and management leadership activities.
Master of Business Administration - Food Sector (Part-time) MBA - Lincoln
Faculty: Business and Law
School: Lincoln Business School
he part-time MBA (Food Sector) aims to provide managers within our region with learning opportunities that are in line with their current and future development needs.
Master of Business Administration (Part-time) MBA - Lincoln
Faculty: Business and Law
School: Lincoln Business School
he part time MBA aims to provide managers within our region with learning opportunities that are in line with their current and future development needs.