Every day, organizations face innovation disruptions from technology, from their design to their supply chains. The ongoing pandemic has only exacerbated this, as has remote employment and an increasing reliance on data analytics. As a result, it is critical for company leaders and managers to instill a fundamental awareness of technical tools. It should be the priority of B-schools to educate young aspirants with these technological abilities from the start.
MBA programs should emphasize teaching technical literacy to students from all fields of study. There are many students who wonder what to do after B.com. If you have the same question in your mind then MBA might just be the right option for you. If taking up a full-time course is difficult, the best online MBA courses or an MBA correspondence course would help you achieve your dreams.
Here are some latest innovations that MBA courses must incorporate:
- While working for a company after completing an MBA, one has to work on a variety of projects, the end result of which will be a software interface or an application/app. It might also happen that they will be assigned to a cross-functional team.
Although there will be a team of engineers to do the coding, as a part of the project, one will be unable to grasp and approve the deliverable unless they understand the basics of the problem that they are solving or the demand their product is meeting.
As a result, possessing a rudimentary understanding of programming languages such as Python, SQL, PHP, etc. are very helpful tech skills for MBA graduates.
- The Data industry is one of the most flourishing industries at present. A lot of sectors are flourishing, but data is the driving force behind their rapid expansion. One of the most important tech skills for management students is knowledge of analytical tools like R, SPSS, Tableau, Python, Apache Spark, Apache Storm, and so on.
Companies today require managers to work on enormous datasets for a variety of activities such as forecasting sales, understanding market patterns, projecting customer demand, future trends, and stock ordering, among others. As a result, MBA candidates should study some of these techniques ahead of time in order to stand out from the crowd and bring value to their competitive edge.
- There is no denying that organizations with strong Big Data skills will govern marketplaces in the coming years. Data complexity is being driven by Artificial Intelligence, Mobile, Social Media, and the Internet of Things in a variety of formats and from a range of sources. The integration of Big Data and High-powered Analytics helps managers to execute business-related activities such as cost/time savings, optimized product offers, and, most importantly, smart decision making.
Conclusion:
MBA programs have traditionally commanded a high level of respect and status. Traditional MBA programs teach students the fundamentals of business, such as leadership, management, and soft skills, such as teamwork and problem-solving abilities.
However, as the business world has become more digitized, this is no longer sufficient. Traditional MBA programs are tiring and face criticism for failing to keep up with the times in a modern world, as it is almost counter-intuitive for MBA graduates to have a well-developed expertise in business without also knowing how to apply technology to business and work with technicians.
There are people who are looking for good career options after engineering or contemplating what to do after B.com, and for them, the best online MBA courses are available readily on the internet. An MBA correspondence course will also help you work as well as study and upgrade your skills after graduation.
Be it a new-age career in analytics, or a career in finance, or a career in marketing, Imarticus learning is focused on skill retraining and upskilling for jobs of tomorrow.