How Regular Full Time MBA is Better Than Correspondence

regular vs correspondance mba degreeKnowledge is wisdom bestowing power onto you. MBA degree provides a broad thought over rational thinking. Making a choice of obtaining a degree in MBA could throw out lot of arenas in various forms. Different formats are provided by various institutions for students to choose from. Full time or regular MBA and MBA through correspondence are popular formats available. A regular full time MBA is pursued by being present in a vast university equipped with technologies that makes learning practical and ecstatic. A person who has time and money should take up this format to have a detailed study.

Distant or correspondence MBA provides a degree through various channels like online, interactive sessions, webinars, conferences etc. A person who is not in a position to give full time due to work commitment could choose up this format of study. Various universities across the world offer the course, so that being in any part of the world one can obtain a MBA degree from a reputed college without the need of being there.

Every opportunity strikes two ways just like each coin has two sides. Based on the factors like time and money, a choice could be made on which type of format one chooses for obtaining a MBA degree. Let us have a look on the pros and cons of each format.

Pros and Cons of Full time MBA:

The pros of obtaining a full time MBA degree are that a person gets to engage into the course in total. The focus is solely based on the course and sessions surrounded by them. There are live discussions, like-minded people to interact with, best faculty to impart knowledge and facilities that urge one to acquire it the best way. Seminars and training with industry experts help in getting a feel of how corporate culture and system work. Alumni meets are organized so that present batch of students could engage with them and are likely to understand it in a better way being within the same generation.

The cons of obtaining a full time degree are that an individual is required to invest substantial resources in terms of time and money. Relocating to another city or country is another major decision to be taken up requiring lot of arrangements to be made prior.

Pros and Cons of Distant/Correspondence MBA:

The pros of distant or correspondence MBA gives an opportunity to obtain a MBA degree with proper study along without interrupting the normal course of life. It leads to studying at one’s comfort convenience than doing it at the campus. It provides an edge at the workplace with added knowledge from the MBA course. Newer technologies are introduced like Webinars and virtual learning that make the learning sessions more interactive and real. It helps an individual to keep working and still learn online for the MBA degree. It provides more insights into the situations that are dealt in corporate life and also improves strategically.

The cons of such learning are that there is not much face to face interaction with the faculties of the university. The doubts and clarifications could not be solved as easily as a full time college. The reputation of a college plays an important role so that the course is validated and appropriately used to enhance one’s employment. A good reputed college would provide this degree with due validation and also provide better employment opportunities. Distractions at home could interrupt with the virtual learning pattern and juggling between this can create a negative impact on the study. Lastly if there is no proper availability of internet and bandwidth available it could hamper the pattern of study and sessions taken.

regular vs correspondance mbadegree

Being a part of a university that imparts knowledge with real life experiences and use of best technologies is the one that stands true to the values of providing education. I was a part IBS for pursuing regular MBA, and as a personal experience it was the best way I could have pursued this degree. Integrating skills, knowledge, interacting with fellow students and faculty, having live discussions over case studies, making presentations using the best technologies were some of the modes through which management and business skills were shared. Time and money along with a passion to understand the key factors lead me to choose this format.

The faculty present themselves as role models with their career experience and sharing of real life experiences they faced. The modules are divided in a manner that a student would effectively grasp the terms of management and strategy. By the end of the course one would become expert with a talent of people management and imparting strategies to resolve issues in a business scenario.

On the other hand a person, who is actively involved in business, either his or under employment, would still be interested into a MBA course to get a detailed understanding of how management actually works. Under this situation, an executive MBA or correspondence course could be pursued. Balancing the family and business situation along with correspondence course needs persuasion and dedication to get the real outcome. There are various reputed institutions that provide degrees in both formats with best material and resources. ICFAI University is one such reputed institution that provides both formats and course is designed appropriately.

 A student choosing either format needs to carry a detailed analysis on what is the future course of action that he/she plans. For example a person fresh out of graduation could choose a regular full time MBA so that he can plan his work for the future to become employable in a company or become an entrepreneur. On the other hand, a person who is actively involved in business and his family responsibilities, but wants to enhance his skills in management could take up executive MBA.

The formats have been designed that could suit any individual undertaking this study. Therefore a choice needs to be made based on how an individual draws his/her career path.  Various companies tying up with various premier business schools who enroll their employees to these programs so that they can enhance their skills and also helps in retaining them through bonds.

Opportunities strike when decisions are made with logic and passion

Regular or correspondence, MBA will endorse one in every situation


 Contributed by Anju Bafna ( Class of 2010, IBS BANGLORE )

Role of MBAs as ERP Software Consultants

erp consultantsThe job of an Enterprise Resource Planning (ERP) Software Consultant is one of the most sought after jobs in the Information Technology Industry. Every year, top ERP Consulting and Product Development companies lookout for MBA prospects in the placement seasons. In this blog we will try to understand why companies lookout for MBA students for the role of ERP consultants.

Companies deploy ERP softwares to manage and integrate the major business functions like manufacturing, purchasing, inventory, sales, customer resource management, human resources etc. Deployment of ERP software requires understanding of the technical requirements (i.e. understanding the current software footprint of the company, custom coding/programming requirements etc.) and the functional requirements (i.e. business requirements from different departments). Accordingly, ERP consultants can be broadly classified as Technical or Functional Consultants. Typically, consulting IT companies lookout for MBA students to play the role of the Functional Consultants. In the below points we will try to see the kind of the work that is expected from the functional consultants and we will try to analyzes to how being a MBA helps in fitting into the job role.

  1. Understanding of Business:

Any experienced ERP consultant will always maintain that to be a good consultant you need to understand the business first. It enables the consultant to get the complete picture of the how the business runs and how different processes are interlinked. If a new solution has to be provided to the client then the entire business landscape has to be studied properly.

All MBA students have exposure to some kind of industry and business. At the same time specialized knowledge in subjects like Sales, Marketing, Purchasing, Operations, Finance etc. gives these students good insight into the departmental activities of the businesses. Companies expect the students to leverage their subject knowledge and prior work experience (if any) to quickly understand the businesses in which ERP needs to be deployed. Based on the initial study by the functional consultant, the different gaps in the existing system are determined and then the new solution is proposed.

  1. Understand the Functionalities of the ERP Software:

This is the second most important thing that is expected from the consultants. In order to give an optimal solution to the client, one must know the features and the functionalities of the products. ERP functionalities are not very difficult to understand and learn. As mentioned earlier, if one understands the business processes properly, then understanding of the product is not difficult. This is because ERP softwares are designed to support the business functions. For instance, a MBA Marketing Student is expected to know the normal Sales Order Cycle i.e. from Lead generation till closing the order. If one knows these business cycles then understanding the product becomes very easy.

Here, it is worth mentioning that functional consultants have the option of aligning their expertise in the product along with the subject of their specialization. ERP consultants specialize in specific areas like Distributions, Finance, Operations, Supply Chain and Planning, Human Resources etc. If there is a candidate who has specialized in Supply Chain Management (SCM) or Human Resources (HR), then he has the option of becoming an ERP SCM or HR consultant.

erp software consultants

  1. Expert Communications:

This is one of the most important roles of the consultant. Consultants act as the interface between the technical team and the client. They are expected to clearly understand the requirements from the clients and then communicate the same to the technical team. Any gap in the understanding can be potentially disastrous for the project outcome.So it is very important to be constantly in touch with the clients. Consultants are expected to be assertive in their approach. Catering to all the demands from the client may not be possible at times in order to stick to project timelines. Hence, consultants are often required to withstand the pressure from the client side and ‘push back’ new requirements. Managing the client expectation is not easy and often it takes years to master the art.

Companies leverage the soft skills of the MBA students and put them in roles that require client interfacing. Also the presentation, listening, speaking and writing skills are the most sought after skills in the world of consulting.

  1. Project Management:

ERP consulting projects by nature are very huge and require continuous project planning and execution. Project timelines, billing hours, resources, milestones etc. needs to be tracked on an ongoing basis. Senior Consultants/Managers normally play the role of ‘Project Managers’ and lead the project execution activities of the team. Knowledge in project management is of great help while playing such roles. Often consultants are required to assist the project manager in the preparation of the plans and timelines. MBA students with expertise in project management can help the managers in design and implementation of such plans.

  1. Networking:

ERP consultants should possess good networking skills. Networking with colleagues and within and outside the organization can be very helpful tool at times. Some of the benefits of networking for the job as below:

  • For ERP consultants it is of utmost important to stay abreast about the latest developments in the industry. Though ones network information is readily available.
  • A good network within the organization ensures that you get to work on good projects.
  • Networking with clients ensures repeat business and new opportunities.
  • Getting feedback from the client helps you to understand the client satisfaction levels.
  • Networking with people from the Business or the Industry helps you understand the processes better than your peers.
  • It helps you reach out to people when you are stuck with a problem or need expert advice on a solution.

Consulting is a relationship-based business with the clients. Hence, maintaining the proper network ensures more business. Management schools provide a wonderful ground for students to learn the networking skills. Alumni cells, student-corporate engagements, cultural affairs, inter-college events etc. provide networking opportunities for students. Corporates expect MBA students to be good at this skill so that they can leverage it in their corporate lives after school.


Contributed by Sanjit Das ( Class of 2005, IBS HYDERABAD )

Interesting Statistics about MBA Degree Programs

mba degreeIt’s great!!  You’ve finally decided to go for the MBA degree program of your choice and you’re raring to go, that’s a really game changer step for your life!!

Today, we will put you across some of the unknown and very interesting facts about MBA Program!

So let’s get started:

Around 2 year back in Jan 2013…an article appeared on Quartz.com, written by Jay Bhatti, an MBA graduate from Wharton, stating that if a candidate cannot get into a “top five” school, then an MBA is not worth having.

It seems to have caused a bit of a stir

So it is worth taking a closer look to see if claims stack up.

There is a definite doubt, as mentioned in The Economist, that the value proposition of an MBA has changed markedly over the past decade or so. Tuition fees have, in many cases, more than doubled over that time, while the salaries of graduates are virtually unchanged (meaning that, if one bears in mind the rising cost of living, they have actually fallen in real terms). But that is something very different to saying that there is no return on investment.

But do the numbers stack up? The average salary increase an MBA graduate can expect from the “top five” schools—comparing their basic salaries immediately before matriculation and after graduation—is exactly 50%.

In the world of MBAs this is nothing remarkable. The average increase among all of the 120 schools surveyed by The Economist in 2012 is 74%. The basic salary a grad from a “top five” school can expect ranges from $112,000 at Kellogg to $127,000 at Stanford. Impressive, certainly!

But these are not the highest to be found. At IMD in Switzerland, for example, the average basic salary of an MBA who graduated last year is $145,000. At some schools in Australia, a country which has plenty of money sloshing about thanks to its booming mining and energy sectors, salaries can be even higher.

Let’s have some more facts:

One is that the percentage of students from the elite schools with a job lined up when they graduate is low and has been falling for years. Mr Bhatti extrapolates that the situation must be worse at less prestigious institutions. He writes, for example, that 75% of Stanford MBAs graduated with a job last year. This, he says is 19 percentage points down on four years ago.

The Economist found that 95% of Stanford MBAs had a job within three months of graduation. The discrepancy may lie in whether those students who are not actively seeking work are included. Stanford’s 95% figure is down by two points compared with 2008; hardly a collapse.

What Salary Can An MBA Graduate Expect?

In a recent survey, 60% of the students who were questioned about their MBA degree experience reported it as outstanding or excellent. Those who attended a full-time MBA degree program expected their salary to increase by 54%, while those attending a part-time MBA degree program expected a 43% salary increase.

Those who attended an executive MBA degree program reported an expected 33% increase after graduation. Many students, before applying for an MBA degree, spend some time attempting to figure out their return on investment for the time and cost involved.

They almost always find that the benefits, computed over a lifetime of earnings, far outweigh the cost and effort involved and therefore gladly enroll in the program of their choice.

The Economist said that although the average salary for the average MBA degree graduate did decrease during the recent recession, their salaries were still high.

The average 2010 graduate from the top MBA degree programs still pulled in more than $100,000 a year. Though these are figures from the top schools, you can expect to receive a relatively high salary once you have done your MBA degree program pretty much from any school.

And, when this salary difference is calculated over the entirety of your professional life, you will realize millions more dollars.

For many, making more cash is the only motivation they need to do an MBA degree.

Expectations about MBA Degree Programs:

People go to business school with expectations, high expectations. They enroll in MBA degree programs because they want to build fine lives full of gold-leafed happiness.

Much of this is tied to how much students think they will earn once they have done their MBA degrees.

The Graduate Management Admissions Council’s (GMAC) “Global MBA Survey 2002” talked to MBA degree students and learned that on average an MBA degree student expected to earn 56% more after they have earned their MBA degree than they did before.

To most of us, 56% of our salary is a good chunk of change that is definitely worth a few years’ worth of MBA degree studies.

Other expectations that students have are increased prestige and respect; the ability to work overseas and, perhaps the most important, the ability to give their family a better life.

Gender Equality Is Becoming A Reality:

The demographics of MBA degree programs are changing for the better. The Graduate Management Admissions Council reports that 105,900 females took the GMAT (the Graduate Management Admissions Test, the generally accepted standard for MBA degree prospects) last year.

That’s the highest number ever. Of these, the United States had the largest number of exams taken by female citizens, with US women representing nearly 33% of global MBA degree candidates.

Interestingly, the largest representative percentages of female citizens taking the GMAT were from East Asia (54.6%). This suggests that East Asia’s growing corporate gender equality is fast making them a model for the rest of the global community to follow.

MBA Degree Graduate Job Prospects:

According to the Graduate Management Admissions Council, more than 86% of last year’s MBA degree graduates had a job at the time they completed their program. Further, nearly 91% of those in part time MBA degree programs had a job at graduation. Most promising, 96% of executive MBA  graduates had jobs at graduation (most of whom already had these jobs during school). These promising statistics are undoubtedly the reason behind the annual increase in MBA degree program enrollments.

Remember one point throughout your life, whether you are a graduate from top-5, top10 or top-50 College…What make the college and program different, are students…i.e. “You”

You have to be completely involved in Cultural diversity, experience levels, industry verticals and global experience…These traits make the program ‘richer’ in experiencing the MBA education.

Hence, MBAs have to be pursued with a goal to make yourself an all rounder at the global platform thru the local way…it’s not necessary that you will go thru the world’s top-5 B-Schools, but you have to choose a B-schools which can be a gate way to the global stage, and all your experience, during the B-school study can help you walk thru the stage proudly…And at IBS, you are already one level above than the rest…

Go, conquer the World!!


Contributed by Himanshu Chaudhary ( Class of 2005, IBS HYDERABAD )

Moving up the corporate ladder!

moving up the corporate ladderFriends I’ve witnessed an unprecedented corporate success story which I cherish and I am honored to be mentored under a prodigy. His idea was, “when you can’t make them see the light, make them feel the heat”. His success story has inspired and ignited many; he created massive opportunities and has believed in the mantra of “retort to revenge is massive success”

He got extraordinary ten promotions in seven years; I can’t even speculate on how many times he was awarded the star performer or the jewel of the organization. I’ve worked, fought and learned under him. I’ve deeply analyzed his strategy to move up the corporate chain and thought would be a good example for all to study.

Folks, great minds think differently and make others to act differently. I’d like to put out five major aspects of his approach, through which he achieved massive success and still continues to do it.

  1. Great leader ignite others, inspire imagination and instill a love for learning – I joined straight out of college, fairly new to corporate structure, the market was not doing well and the challenges were immense. He called us and took us straight to our senior VP for a quick introduction. I notice when we least expect it, life sets us a challenge to test our courage. I observed this guy actually tried to push us through the line by judging our willingness to change; at such a moment, there is no point in pretending that nothing has happened or in saying that we are not yet ready. The challenge will not wait; you have to take the bull by the horn. Later I came to know the VP was amongst the founding member of the organization and first good impression on him will help us climb the ladder quickly. He might have not fairly taken us to him but unlike others, he did; highly developed leaders don’t encounter resistance from mediocre minds. They think big and allow others to think big. As a result I was never afraid to walk to any one’s cabin to push my idea through. He ignited my mind to dream big.
  2. Success seems to be connected with action. Successful people keep moving and take initiatives. In his opinion the best way to prove your credibility in a closed loop environment is to take initiative, create an opportunity and pave your way to success. He joined as a management trainee and from day one itself he took initiatives which transformed and benefitted the organization. Amazingly what inspired me was the way he uses to hop around vertical to find an opportunity. He never felt shy in asking stupid questions as he uses to tell us, a question is never stupid but an answer is. From automating the transport roster to implementing the lean principle; from helping the HR team to transform the hiring process to assisting the business in acquiring clients; from preparing decks on behalf of leadership to understanding the grey areas of the clients; from delivering speeches to sleeping on the floor to prove his point; he has done it all. No matter how stupid my idea was, he compelled me to analyze and implement it. His principle was “Nothing is more expensive than a missed opportunity”.
  3. No is a complete sentence and often we forgot to say it. In my leap of taking initiatives I ended up with a lot of crappy work. I was finding it difficult to manage work and simultaneously the expectations from the management to come up with something exciting grew immensely. I got de-motivated, wondering how to get rid of unnecessary activities, the dice were loaded against me. Seeing me falling flat, he helped me, he taught the idea of saying “No”. He said Learn to say ‘no’ to the good so you can say ‘yes’ to the best. I started to pick my battle wisely, as not all battles are worth fighting. I worked on initiatives which created phenomenal result, and said NO to work which I was not supposed to do. From disaster written all over; I became a shining star.
  4. Habitual procrastinators will readily testify to all the lost opportunities; so never postpone. Until hell freezes over we normally don’t start to work. This is actually the case of most of us and to move up we should minimize procrastination. Perhaps, I never had more yelling from him, on me sitting idle and taking no action. The irony with us is we build the plane as it fly and on contrary his ideology was to always believe in getting the better of you. For him, No news is a bad news and good work bring more work. Due to this I was constantly on my toes, I never relaxed, my mind was trained to think, to create opportunities, and find strategic work. It was quite visible on his face, by seeing lazy people he uses to become edgy. He said think up the many things you gave trying because you procrastinated, be it cycling, exercise, studying etc. Takeaway is, “improving yourself should always top any priority” and “procrastination is thief of time”.
  5. Be a leader and communicate effectively. I quote the ultimate measure of man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy. I remember an example- we won a contract in negative but management wanted us to execute and deliver the deliverables, just to sustain the relationship with the client. I was assigned a major portion of the contract to execute and from day one there were heavy escalations from the business as well from the client. In few days, I was in to a mess and in a black mood. I wasn’t precise in my communication to stakeholders and every step I took dragged me down. He took charge and told “if you have nothing to say, say nothing”. You have brilliant ideas but if you don’t get them across, your ideas won’t get you anywhere. Communicating effectively to the right person more importantly at the right time will take you places. By implementing few of his tips we actually ended the project on a positive note. The bottom line was increased and I got an award for a stellar performance.

Sometime life knocks you out, but the only thing a person can really do is to keep moving forward. I’ll like to end up with a quote from Gita “past is past you can’t do anything to change it what should concern you is your present because present will make your future”.


Contributed by Vaibhav Chandra ( Class of 2009, IBS HYDERABAD )

Sell me this Pen “The Art of Selling”

the art of sellingIn the Movie ‘Wolf of Wall Street’ the Protagonist Leonardo Di Caprio asks a person while interviewing him for a job in his company at Wall Street. “Sell Me this Pen”…

What he was looking for in the person here was not how the gentle men explains him about the features of the pen, but how he portray his image in front of Leonardo….

This generally happens in maximum sales interviews. It is the mother of all questions which makes or breaks the prospectus of the person of being selected for the company.

Selling is offering to exchange an item of value for a different item. The original item of value being offered may be either tangible or intangible. The second item, usually money, is most often seen by the seller as being of equal or greater value than that being offered for sale.

So what is the art of selling all about; Is the person born with it? Or does it require something EXXTRAAAA….

There is an underlying process of sales management. There are some essentials to crack the sales. It’s not a rocket science to crack sales but these following items when taken care of help individuals achieve their desired target.

  1. Preparation– It all starts with planning. Doing research on your client is essential to crack the deal.
  2. Introduction– Introduction or opening makes or mars the deal to be cracked. The opening should be structure and develop credibility in front of the client. The opening should also be that a good first impression is created and which helps in closing the deal quickly.
  3. Questioning– Its is not always advisable to question your clients but to understand the need it’s very important that questioning is done carefully to establish rapport and trust
  4. Presentation and explanation or demonstration helps the client understand what are the ranges of product/service available with the company.
  5. Overcoming objections and negotiating helps in fine-tuning the client and making him confident about the product/ services.
  6. Close the deal and confirmation is the last but one step. This step done means the sales person has achieved what he had desired to and thus bears him with the fruit in for of Commissions and incentives.
  7. Follow-up and after-sales services help the sales person maintain the rapport and thus creating a “customer for life”.

A person or organization expressing an interest in acquiring the offered item of value is referred to as a potential buyer, prospective customer or prospect. Buying and selling are understood to be two sides of the same “coin” or transaction. Both seller and buyer engage in a process of negotiation to consummate the exchange of values. A good Sales person requires these three main qualities to achieve the desired outcome.

  1. Understanding the need of the customer
  2. Having 100% Confidence on his product
  3. Convincing Skills

Understanding the need of the customer:

Need is defined as something that is necessary for organisms to live a healthy life. When we talk about need of a customer we have to first analyze the customer accordingly. Profiling and understanding the customer is required. A good salesman makes a customer comfortable before pitching him his product. The reason is a customer never falls for the feature of the product he buys a product or service when he is in his comfort zone and not been attacked or bombarded with information about the product or services. Building a brand is about building a relationship with your customers. This process requires need identification.  For this relationship to be long-lasting, it has to be based on something meaningful. That comes when a brand satisfies a real need, either better or in a different way to any other brand available. The exchange, or selling, process has implied rules and identifiable stages. So Understanding the need for value creation becomes the epitome for the sales manager.

Having 100% Confidence on ones product:

The assignment of bringing a proposal to someone with the power to do something with it is called a pitch. A pitch cannot be completed and the customer can’t be convinced if the sales manager himself does not have faith on the product. The faith is shown when the confident Manager uses the product himself or quotes example of how that product has changed the life or ways of doing business. The sales person should ensure to know his own product/service extremely well – especially features, advantages and benefits that will be relevant to the prospect while meeting him. A sales Person looses a pitch if he himself is not confident about his product.

Convincing Skills:

Developing the powers of persuasion will help you get ahead in business and professional world. When you want to convince a client to make a big purchase the goal is to persuade, to make them want to agree with you and feel happy, smart, or right, when they do It is implied that the selling process will proceed fairly and ethically so that the parties end up nearly equally rewarded.

The convincing skills can be related to the communication skills one has. Its not only about talking with the customer but also about having an ear to listen to him. Here it is very important to understand and Check for the 7Cs of communication: These are

Clear – Use of precise and vigorous words with active voice to make things clear

Conversational – Group your ideas into conversation. Creating a friendly conversation helps in understanding the consumer better. Use a mild tone without using any jargons and prevent pompous language.

Courteous – Be straightforward to the client. Use respectful tone to make him realize that you are here to help.

Coherent – Use transitions and order ideas logically so that there is no confusion in the minds of the clients. Be logical and orderly to the clients to win their trust.

Concise – No redundancies and repetition of ideas or words. Use perfect tense whenever required. Don’t use it unnecessarily only to create a hype.

Complete – No assumptions should be made in front of the client.  Always use adequate detail and audience perspective and solve all the queries. If it is not possible to solve all the queries tell the client that you will be get back to him. This help in generating trust among your clients and make him believe your authenticity towards him.

Correct – Accurate information should be provided to the client. It should be error free. When false promises are made the client the client looses confidence in the sales person and he may switch to other options.

When these C’S are taken into consideration convincing is never a problem.

The art of selling gets polished more and more as practiced and followed. These few elements create the differentiating factor between the winner and the loser. So as a management graduate the Trainee has to master these skill sets as selling is required not only for the sales person but in every form of life where he goes.


Contributed by Roopesh Rao ( Class of 2007, IBS Gurgaon ), Corporate Trainer and can be contacted on https://www.linkedin.com/in/roopeshrao1

Non Verbal Communication: How much are u missing??

Non Verbal CommunicationEffective communication is 20% of what you say and 80% of what you make feel” – JIM ROHN

Non verbal Communication is extremely complex yet integral part of overall communication skills, usually, people are totally unaware of the non-verbal behavior they use. A basic awareness of Non Verbal communication strategies over and above can help to improve interaction with others. Knowledge of this can be used to encourage people to talk about their concerns and can lead to a greater understanding.

It includes facial expressions, tone of voice, body language and distance between communicators. It helps people in reinforcing what is said in words, convey information about their emotional state, provides feedback to other person, regulates the flow of communication and most importantly, defines the relationship between people.

Many people understand that non –verbal communication is mere a language that can be learned but the implications are that the real feelings and intentions of a person can’t be understood. Interpretation of non verbal language is not very easy. It is further complicated if the interpretation is not done accurately. It is complete package of expression, hand and eye movement, postures and gestures.

These are basically categorized as:

  • Body movements
  • Postures and gestures
  • Eye contact
  • Facial Expression
  • Personal space
  • Parallel Language

Body Movements:  It Includes hand and body movements. It can be used to reinforce what a person is saying and also offer information about the emotions and attitude of a person. There are different categories with which a skilled observer can detect such discrepancies in behavior and use them as a clue to what someone is really feeling. Consider how your perceptions of people are affected by the way they sit, walk, stand up, or hold their head. The way you move and carry yourself communicates a wealth of information to the world.

Postures and gestures: Postures can reflect person’s emotions, attitude and intentions. These are often unintentional moves which can conflict with what is being said sometimes. Gestures are also used to give feedback when conversing. Gestures are woven into the fabric of our daily lives. We wave, point, beckon, and use our hands when we’re arguing or speaking animatedly—expressing ourselves with gestures often without thinking. However, the meaning of gestures can be very different across cultures and regions, so it’s important to be careful to avoid misinterpretation

Eye Contact:  It is a very important aspect of non verbal language. Since the visual sense is dominant for most people, eye contact is an especially important type of nonverbal communication. The way you look at someone can communicate many things, including interest, affection, hostility, or attraction. Eye contact is also important in maintaining the flow of conversation and for gauging the other person’s response.It is used to give and receive Feedback, to let a person know when their turn to speak is. It is also used to communicate something about a relationship between people.

Facial Expressions: The human face is extremely expressive, able to express countless emotions without saying a word. And unlike some forms of nonverbal communication, facial expressions are universal. The facial expressions for happiness, sadness, anger, surprise, fear, and disgust are the same across cultures. When someone is talking, changes in the facial expressions can be easily noticed and people respond accordingly. These include raising your eyebrows, yawning, nodding, rolling your eyes, sneering, gaping etc.

Personal space: Have you ever noticed the way a loving couple relates to each other. You will see that their positions match as if they both are mirror reflection of each other. For eg: If one partner drapes his arm around others neck, the other partner will also do the same.  This indicates the trust and approval between people. Every culture has different levels of physical closeness depending upon the type of relationship.  It today’s society, it is important to consider non verbal codes.

Parallel language: It relates to the voice which is not the part of the verbal communication. It includes the tone and the pitch of the voice, the volume, the pauses, the hesitation and the speed. These signals indicate the feelings like sounds indicate anger etc. It’s not just what you say; it’s how you say it. When we speak, other people “read” our voices in addition to listening to our words. Things they pay attention to include your timing and pace, how loud you speak, your tone and inflection, and sounds that convey understanding, such as “ahh” and “uh-huh.” Think about how someone’s tone of voice, for example, can indicate sarcasm, anger, affection, or confidence

The effects of Nonverbal Communication can send a strong signal in spite of the words you use. It can

  • Repeat your message already delivered verbally.
  • Add to the meaning of your message which can either be positive or negative
  • Contradict to what you are saying

Relationships lot depends on the non verbal communication. The quality of your relationship can be improved if used skillfully or can deteriorate if used unwisely. Trust, care, love, respect can easily be communicated with nonverbal language.

Simply put, Non verbal communication includes all the ways you present and express yourself, apart from the words one speak. Non verbal messages are sent from ones emotional brain, they create more honest and concrete message.

Non verbal communication is effective for everybody in all spheres of life. To example some, Professionals use non verbal language to evaluate their clients, customers and co workers. In relationships success depends on the effective language used by both of them.

Effective non verbal communication is critically also very important in career advancements. It reveals your confidence, Enthusiasm and professionalism.

To Conclude, Good communication is foundation of any successful relationship. It is important to recognize that its non verbal communication that speak the boldest. The ability to understand and use effective non verbal communication is a powerful tool that can help you connect with others, express what to really mean and build better relationships.

The most important thing in communication is hearing what isn’t said” – Peter F. Drucker


Contributed by Shilpa Aggarwal Gupta ( Class of 2005, IBS HYDERABAD )

10 movies every MBA aspirant must see

27-feb“All Study and no Fun will make jack a dull boy “is completely true saying for MBA students. Students aspiring for MBA’s often assume it to be a course of nightmare which if passed will give them handsome future. Many of them have heard the horrible stories of students only sleeping 5 hours a day which just bullshit. It’s actually a lot of fun too with practical experiences. They are given the chance to excel in whatever they are passionate about. Movies play a big role in their life; they act not only as an entertainer but also a great motivator and perception builder when one is too low or too bored. Some find solace; some find the lost laugh and some, the inspiration! Below is the listopedia of some of the movies that one must watch while preparing or doing the MBA course:

  1. Thank you for Smoking: A brilliant movie showcasing the power of soft skills and great pitch. It’s the story of Nick Naylor who is a tobacco lobbyist who with the power of his speech turns the table for the tobacco companies in their toughest situations and handling media converting problems into opportunities. Full entertainer!
  2. Ek Ruka hua faisla : An amazing movie that one can connect to the boardroom discussions. How can one man change the mind of the entire boardroom basis the power of reasoning? It’s a story of 12 men acting as a jury in the case of murder trial against a young boy. Out of twelve, eleven are convinced and found the boy guilty however one of them is doubtful and started putting questions on the floor taking it to an arousing level. Some may connect it with Hollywood movie “12 angry men” but this one taste good too. An exciting movie!
  3. Glengarry Glen Ross: Every industry faces the tough time in one of their course. This one is story of Chicago- Real Estate Office. Story revolves around five characters who are salesman and driven hard to sale the properties where the first prize is Cadillac and the third prize costing one’s job. An Eye opener for harsh sales life which still prevails in India.
  4. Guru: It’s a story of an aspiring entrepreneur who rises from the street of villages in Gujarat to becoming one of the biggest business tycoons. It has shown two sides of the man who indulges in corruption, lies and business politics as well right side being his handwork, willpower, positive attitude and persistence. A struggle many of the budding entrepreneurs will face too.
  5. Miracle: Based on a true story, it depicts the power of teamwork and compassion and how one man takes his time from nowhere to winning the game in the Olympics beating the best team in the world. For MBA students one could gauge it as creating a new team, challenges faced in putting them together and finally achieving the unachievable task. Later similar story happened in bollywood named as “Chak De” which was again a blockbuster.
  6. Rocket Singh: This movie is a story of many of us who dreams of starting its own company after some work experience at our jobs, however there is little diversion in this movie wherein our protagonist sees a gap in Post-sales services and understanding it as an opportunity starts his own company capturing the complete local market creating a brand of himself following the simple principles of life like honesty and getting the trust of customer. He does all this while working in similar company. An entertainer!
  7. Up in the Air: It’s a story of a private human resource consultant who is constantly on the run from one city to another firing people in good or bad way. It depicts his suitcase life which many of us aspire but also the loneliness which dwells within making our heart as poetic. The ironic part is that the he himself finds in the situation where his job is at stake. Quite an amazing movie showing the dark side of corporate one never wants to face.
  8. The Towering Inferno: It’s a story of a disaster happening in a building and how it is controlled with series of events unpredictable events happening. A classic case study on disaster management on how problems can knock on the doors unsaid and how with one’s courage, patience and acting right can help it curb it. Must watch for management students.   
  9. Wall Street: All the finance aspirants doing their MBA, this movie is a must watch. It’s a story of a stock trader who is more than willing to do anything in order jump up the ladder. He at one point is successful to achieve the top but then falls very steeply getting the lesson for the life. There are no shortcuts in life, even if it’s there, it’s not sustainable. This movie is followed by another sequel Wall Street: Money never sleeps which came after 23 years although was not as big hit as its former but this one had similar crux too.
  10. Lincoln: An amazing and true endeavor of the President Abraham Lincoln which made his name written in golden ink in the pages of the history. It’s the story of two wars, one, American Civil war which was spreading all over the America, majorly affecting the southern states and another war of Lincoln with his Congress Members convincing them ban slavery from United States. It’s a story of hardship, wit and wisdom how one man with his indomitable will convinces his counterparts leading them to pass a historic amendment that will change the world history. In organizations many times we feel it tough to impose that one idea getting friction from everywhere as people are averse to the change but when approached rightly can really make things work out. One thing our history has always taught us that the best ideas are always opposed initially and latter they have changed the picture.

 Hope this collection of movies add some value to our approached towards student, personal or professional lives that we live.


Contributed by Apurva Singhi (Class of 2011, IBS Hyderabad)

Role of one’s attitude and personality in building one’s career.

PGPMCareer is not just making to a high paid job. Career is the journey that begins from those wayward days of our childhood when we randomly change decisions of what we want to be and finally decide on a certain point what we actually want to see ourselves as and then we start working towards it. When I say it’s a journey, I account all the struggles and hard work that one account in reaching to that desired set profile. I still remember when I was a kid and some relative asked me “So what do you want to grow up to be?” and I reprocated saying that “I want to become the guy who sells cylinder”, at that point in life that kid in me thought the cylinder guy checks the notebooks of the parents and all elder people, so he is some kind of teacher of all elder people and that must be a very heavy position to be at. But as we know time teaches us all. Now we laugh on such kiddish experiences but in actual by the virtue of our changing minds we have taken some serious decisions to be where we are today.

Going back to my first point, wherein I said “we build our career the day we actually fix what we want to be and start working towards it with all determination”. You must be wondering that this guy has been talking quite a lot about working towards our career. With working towards it, I mean the feel of attaining the desired set goal becomes the knock of our head at each and every hour and we do something or the other to mould ourselves to be able to reach to our set agenda. For that matter, let it be the extra time you dedicated to academics, the amount of television that you might have cut, hangouts that you ignored, novels you read and news that you have been updated with. Everything accounts today to be the content full PGPM candidate that you are and that entire working up shows up at the one manner or the other.

Now that you have taken up the firm decision to pursue PGPM and take up a job in your respective specializations or to be an entrepreneur now is the time you need to introspect upon your strengths as this is the final degree for most of you which is going to account for the entire amount of the study that you have done till now. With that competitive spirit on, you need to be a more sound and more content full person that rest of the students. Yes, with that I mean you need to outshine to make it to the best of the job profiles or even excel in your personal venture.

When a company comes to a post graduate institute to hire freshers it comes with the lot of excitement to hire young talents and it basically looks for three things:- “You”, “Your Current knowledge”, “Your urge for knowledge and learning ability”. You must be wondering when I say that the company looks for “You”. Yes I mean it, that’s the most non-ignorable part of human nature, even if we decide that we do not want to judge someone, it’s a natural act that we still end up having some notions about the person even post the decision of not to judge. When we personally judge people whome we want to be friends with and who are we compatible with in the same manner the HR looks at you in a manner if you can ally and work compatibly with the other employees. So that “You” factor constitute of your entire personal and professional traits that you have carried and grown up to be, in short we name it as your Personality and Attitude.

The term personality as it says is very individualistic and personal, it varies from person to person, some are introvert some are extrovert, some people dress in a certain manner and some in another. That everything is part of one’s personality. Like a doctor is expected to have know-how of a human body in the same manner a PGPM professional is expected to be well spoken and presentable. The organization is just not the products it deals in or the services it offers, an organization is the group of people who work together to make it meets it objective. So the group of people work together to make the product or offer services and hence it makes the organization. As simple as that, the same organization which comes to hire in the colleges will not like to be associated with someone who is not groomed and not well spoken as tomorrow being the face of the company such resource would hinder the image of the org. in the market. The very first thing we observe in a person is the clothes and they say so much about you. The way you keep your clothes and the way you wear them shows the kind of the person that you are. So whenever you sit for an interview or even when you join work, your dressing sense has to be elite, clean and professional. Everyone likes to have well dressed people around (which we call “crowd”). So even the companies want to have good crowd working for them in the same manner we expect.

With so much of competition around, the world has become well spoken. For that matter even we see small kids talking so well in the shopping complex and around. Being a MBA, you are expected to be well spoken. With well spoken, I do not mean just English with some heavy jargons and vocabulary. Being the natives of India, we need to be good at hindi too. As most of the times you have to use both the languages at work or with the clients. For an example if someone asks you “ Kya hal hai?” You just can’t say “ I am good, you say, How are you?” That’s an insult. You have to revert in the same language the person talks to you in. So with well spoken I mean that you need to have a good hold of English and Hindi and use these respective languages in a simple and clear manner to make your point sound more content full.

Most of the times we get so tensed when an interviewer asks us the question like “Who is the Home Minister of India” or solve “xyz93d * 23xd= ?”(P.S- Please do not actually solve it because even I do not know what it means). So in actual my dear friend, they actually are “Ok” with you know knowing the answers of these questions as this is just your attitude check. We Indians just cannot say “No”. Like most of us, even if do not know the answer we will make some 3-4 guesses and post that will say that we do not know, and some will think for some minutes and give the correct answer. But the least will have the confidence to say “Sir/Mam I don’t know can you please tell me the answer?” That is absolutely fine if you do not know as google has it all. But in actual these are your Attitude check. For those who answer these questions they obviously impress the interviewer with their I.Q but those who guess and answer wrong or waste time in answering it even correctly are the kind of resource which will waste the time in figuring out the things and after they affirm themselves that it is not happening from them they will walk up to the people around or their bosses to understand after wasting the most important thing- “Time”. So that shows up your learning attitude at work and those questions are put to judge your attitude and knowledge. Your manager doesn’t mind to explain you, but no one will stand an attitude in wasting time and making false promises. And always remember an interview or a discussion with your reporting managers is a two way process. If they question, you have all the right to gain the knowledge from them and question back. That shows even if you do not have that much of knowledge but atleast you have an urge to knowledge (and that is what they look for). That is where your attitude shows place and it is an important aspect in framing your career.

That is why we come across companies that hire students with even average and low grades from the students with great academic grades who sit for the same hiring sessions because it might be possible that “You” quotient in those students must be more appealing than the traits of the other competitors and hence they make a better fit in that job profile. So along with the academic grades, one needs to work on one’s personality and attitude in making up to the desired career. Good Luck!


Contributed by Rahul Wadhwa, (Class of 2013, IBS GURGAON)

The First Few Years After Mba In Marketing

27-feb            So you’re done with your MBA and gotten a job in the field of Marketing. Well, for most it starts with sales because to have a good successful career and have deep understanding of your business, understanding the ground realities is essential. Therefore, no matter how much you might hate selling, travelling from one client to another all day, believe me, it’s going to be worth it.

            The first few years into your job are not easy. You do start as a trainee so the first few months are your honeymoon periods but it only gets tough from there. The responsibilities you handle will seem insignificant to you compared to what you were taught during MBA. You might feel that what you’re doing is not worth to be done by an MBA graduate and you won’t be blamed for thinking so. But what you learn in college is not going to take you where experience will. As a marketer it’s important to understand the psyche of your customers, it’s important to know what happening in the market, what your competitors are doing and what your customers think about you. And the best way to gather information on all these parameters is staying between your customers, on the field. The management is the steering, but really drives a vehicle forward are the wheels, the sales team.

            You will often find yourself discussing about marketing strategies with your colleagues because that is what you were taught in college. You’ll be the people the management will go to, to understand the dynamics of the market and you can be proud of that.There will be times of frustration when you’d feel that you’re in the wrong place but that’s how successful careers are built. Gradually, you’ll get used to your new life, it’s a great feeling to be able to spend money that’s earned by you. You will want to spend a lot and you wouldn’t be able to stop yourself from buying presents for your friends and family.

            Here are some experiences you go through after your MBA in Marketing:

  • Vision: You’ve learnt quite a lot during the course about how different businesses work and thus you have a deeper understanding about the corporate world. This helps you make wiser career decisions and therefore, a good growth in whichever organization you work.
  • Finance: You have learnt quite a lot about finance during your MBA. You know how companies manage their finances, you know how different financial institutions and banks operate. Thus, you have a clear understanding of how you can manage your wealth effectively by making the right investment decisions.
  • Skills: Your skills and knowledge have been enhanced a lot as you know what you learnt during graduation and now you have the management skills to use them efficiently. Every organization wants its employees to be good managers, no matter what their designation or work is. Thus, what makes you an ideal candidate is your knowledge coupled with the skills to use them in a wise manner.
  • Growth: Whichever company you join, you experience rapid career growth as a result of your MBA. You are more relied upon by the management and if a higher position opens up, you have an edge over other candidates.
  • Decision Making: The core skill that MBA teaches you is how to make quick decisions. As you have studied hundreds of case studies during your course, you know what are the dos and don’ts when a particular situation arrives. Thus, even though you might be new to sales, you know how to lure your customer in and make that sale.
  • Power: You realise that you are eligible to work in any kind of organization you wish, given the parameters you and the company decide for each other. It’s an MBA from Marketing that usually gets the higher position in an organization and they are often the most sought after lot because it’s sales that brings revenues and it’s marketing that puts the company in front of its customers. You realise that you have the power to alter the course of the company. Well, not immediately but you know what’s happening in the field and your feedback will always be taken seriously by your seniors.
  • Personal Growth: After getting an MBA, expectations are always higher; not just that of your friends, family and employers but your expectations from yourself too. You are no longer satisfied with mediocre results but strive to reach excellence in everything you do. A word of caution here, not always do your lessons learnt in classrooms would help you, most of the time you’ll have to rely on your personal and professional experiences. You are well equipped to set personal goals for yourself and it feels immensely satisfying to achieve them.
  • Respect: There will always be people who might hate you for being an MBA just because they are not. And it’s good that they do, because it means you have an edge over them. You have much deeper understanding when it comes to managing a business unit and your boss would be more trusting in you than the others. You know the 4 Ps and even though you don’t apply them directly, they do play a vital role subconsciously in helping you make the right decisions.
  • Money: The most important aspect, for many. It’s not a secret that MBAs are paid much more than an average graduate. Of course, it depends on various parameters but if all those parameters are kept the same, an MBA would win. As a marketer, you are more of an extrovert, open to interactions and love communicating with different people. Well, if you’re not, it’s time you start doing it because perception management is all there is in the corporate world. As, Bill Gates rightly said, If you can’t make it good, make it look good. Even if you’re not hitting your targets much, it’ll help you if your seniors know you, you keep yourself in constant touch with them. You’re a marketer and all you have to market is yourself.

So, this is how you will spend your fist few years after an MBA in Marketing. Yes, you’ll have to be quick to grab the right opportunities, sell yourself first then the product or service and not hide in a corner waiting for your work to speak for itself. You will also be able to understand that if you don’t claim your rewards, they’re claimed by someone else, someone even less deserving. So, all in all, the first few years will be vital to understanding how the corporate works and once you’re past the first 5 years, you’ll be enjoying the ride.


Contributed by Sachin Jalan ( Class of 2014, IBS HYDERABAD )

Why Bankers love to hire MBA’s?

Distance-MBA-in-Finance copyJean Jacques Rousseau, the 18th century French philosopher was once asked, “What is happiness to you?” He answered, “A good food and a good banker.” A saying which is almost 300 years old is as true in our era as it was then because both wrong food and a wrong banker can screw your happiness.

We live in a world with our 6.5 billion+ friends and 1.2 billion countrymen who are some or other way connected to money. Its management is basically what we call banking today.

Globally definition of banking had changed since ages. Prima facie Banking started with lending of resources thousands of years back in various civilizations which got its head from the pawn shop culture of Europe and full body later in regime of monarchy in mid fifteenth northern Europe.

Banking in India got its color after Independence and serious banking started after opening up of the economy in 90s when it got into the mainstream and the country took it seriously which became an aggressive catalyst in fueling the growth across industry.

Indian Banking today is marriage of intelligent money, technology and personalized relationship. Gone are the days when it was limited to depositing and lending of money. Today it has become more than that. Retail Banking, wholesale banking, Digital banking ,NR Banking, Business banking ,Wealth Management are all the fancy names that banks gives to their division to target and service respective segments.

In India there are approx 3 lacs+ bankers for a population 1.2 billion which is approximate one banker for every 4000 Indian which is quite a low ratio as compared to western and developed world.

 Past couple of years the industry is growing at the rate of 20% YoY and a huge workforce is required to serve the population as banking has become an indispensible part of each and every individual’s life. Govt. strict policies and monitoring have also ensured the movement of money being routed via legitimate channel with Banks playing the chief roles. With penetration of Internet and Smartphone banking has reached to everyone’s pocket and with this a larger population has started using this as banking medium instead of unaccounted traditional medium.

This is also one of the most profit oriented industry which is glittered with attractive perks and attracts talents at all management levels.

There is a huge competition among banks to hire the right talent and often we have seen the same won by private banks because of its capability to offer attractive packages and perks. Due to huge demand of bankers and talent crunch, recruiters have turned their roads towards various Top Business schools in search of the right talent. At many B schools, banking alone is responsible to hire almost 25 % of batch.  They are one of top paymasters to the fresher’s for their services.

But why Bankers love to hire MBA’s?

  • Knowledge & Understanding: Common sense is yet not so common is what we keep hearing these day and Banking is more than common sense. Banking is a complex business today where it has became borderless.This industry is full of smartest people and often attracts the same. The two years course would carve the best out of the student to make them industry-ready. Updated with latest industry trends they are grilled under various mock situations on various management subjects in order to give them the taste of business. They are subjected to different problems to be solved ensuring the best of them comes out and industry gets the right talent.
  • Quick Adaptation: Fresher’s are often one of the most sought talents by banking industry as they are ready to get mould into the right corporate citizens as per what business demands. Their zeal and fresh perspectives often adds dynamism to the banks culture which is yet running on old fundamentals and badly needs change. Management trainees are found to have right attitude to serve which often leads to value addition to the business of the banking.
  • Interpersonal Skills: Communicating in-house or with the client, verbal or non verbal is one of the important skills the recruiters look upon on choosing their candidates very carefully. Profiles like Relationship Management or Wealth Management often involves customer interactions and so it became very important for banker to best at these soft skills to cater to KRA’s of the company.
  • Analytical Expertise: Technology is the heart of today’s banking ecosystem without which it is nothing. Top B-Schools often funnels the right candidates to provide admission only if they fits all parameters of which “general analyzing skills” is one of the important parameters. This skill is further honed at the b-school via courses on various analytical tools which would give them insights to precious information’s which is hidden among numbers. Such information often leads to building up of long term strategy as well as short term tactics. Banks offering such analytics or product management profiles to candidates often provides a good packages and perks as it is still less available talent in the country.

History and trends suggests that every year banks that recruit from campus comes back next year increasing pay scales and grades before going to campus each year. They would give details of their star hires from the same campus with their growth trajectories and current positions trying to attract talent at the campus too.

However such trophies are not earned by all business schools. These are earned by the ones who gardens and nourishes the same through the years developing the expertise that would be practically utilized as a link between societies and corporate.

Apart from IIM’s and few other business schools, other has just copied the trends without developing in-house expertise just to attract corporate in order to attract students in order to attract money.

One of top business schools, ICFAI Business School alone is known as producer of the highest number of bankers in the country since years. It is running dedicated course for the students and the same is taught by experienced professors and industry people giving them what the industry demands and making them full baked cookie which are ready to be grabbed in the market.


Contributed by Apurva Singhi (Class of 2011, IBS Hyderabad)