It is important to note that the majority of recruiter respondents partaking in our survey majorly hire for Sales & Marketing, Human Resource Management, Operations and Supply Chain Management and General Management roles. These skills can be improved and adapted by talking and networking with new people. To find out the top-5 hard skills that campus recruiters look for while hiring from business schools, we asked respondents to select from various options the top three hard skills that an ideal MBA graduate must possess to be a good fit for their respective organisations. Aspirants always try to incorporate skills that help them in their future endeavors as well. One thing is for certain, the ways companies operate and work are going to change. Let’s take a look at the most i n demand IT tech skills and marketing skills and how to get started if you’re a complete newbie: 1. Upcoming types of MBA courses in India Basic soft skill development techniques. Only two of the skills received more selections: managing strategy and innovation and managing tools and technology. STEM Careers Are In Demand—Here’s 5 Skills You’ll Need To Succeed. Would recruiters prefer to hire an SRCC/LSR graduate over others, simply because of the eminence of their institute? With millions of professionals with MBAs running around it's useful to have a list of what skills they typically posses. The following are important takeaways from this report: To find out the complete list of the most desirable soft skills and hard skills for top MBA recruiters, and to find out how we made this report, read on. The institute conducted the summer placements process in three clusters, and the placements process was, How To Crack XAT - 10 Strategies By 10 Toppers, With CAT 2020 done and dusted, a lot of you will be looking to redeem yourself or increase your probability of making it to a top business school by attempting, Top-Ranked STEM MBA Programs, And How Much They Cost - Yale, Chicago Booth, Berkeley Haas And More, An MBA from the US and subsequent employment in the country can be a tremendous opportunity for your career, as an international student. If so, you will find yourself much in demand with top MBA employers. By this, recruiters most likely mean that MBA students are themselves unsure of what kind of roles they're looking for, and what kind of careers they see for themselves. Learning new trends and studying markets for the same is equally important. Social Media Marketing. Representatives of 24 companies spread across various industries took part in the survey. Students acquire these skills from coursework such as statistical modeling, data engineering, programming, econometric modeling and from machine learning experiments. The skills of managing a team and leading the same is critical in every field. Ideating and conceptualizing new ideas is very important. There are different skills as well that are required for an MBA. Consulting. The opinions that one might want to throw in should be extremely confident. These are the skills you will most frequently employ to achieve targets set by your organisation. Communication acts as a medium for showcasing one's personality. Hard skills are essentially a set of technical skills you need to operate in the domain of your choosing. Summer Placement Report - IIM Ahmedabad - PGP Class of 2022, IIM Ahmedabad has successfully completed the summer placements process for its PGP batch of 2020-2022. Also read - India's Most Transparent Business Schools, As Per Top Campus Recruiters. These skills help aspirants to enhance their personality. Being Intellectual does not only attract towards being more academically strong but also being creatively alert. Each year more than 150,000 MBA degrees are awarded in the US alone. There is a lot of research that goes on while analyzing the factors and objectives. To find out which soft skills recruiters think are deficient in MBA students at India's top business schools, we asked respondents to reveal to us the top three soft skills missing in students. To cut through the ambiguity and hear it from the horse's mouth, we asked top campus recruiters the question - "How important is past work experience to your organisation while recruiting candidates?" How can you make yourself more desirable to recruiters and get an edge over your competitors? There is nothing more important than being punctual to one's work. Networking helps you keep a pulse on the market, and it will help foster your career development. Four out of five employers hiring MBAs wanted top quality communication skills, such as verbal, written, listening and presentation. For business students who prefer to focus on finance, a specialized MBA in Finance Leadership could be … Operations management is one of the few MBA specializations that are required in almost all types of industries. It is one of the most essential and enduring skills one needs to imbibe. The leader of every team needs to be vocal about the scenarios that the team is in. Also, read The Present Demand Of The Business World: Soft Skills Will freshers miss out on great job opportunities simply because they didn't work before joining a business school? Typically, an institute's placement committee will hand out to students a list of important pointers about an on-campus recruiter, and based on recruiter responses, it appears that MBA students do not bother to research further about an organisation with which they could potentially begin their management careers with. InsideIIM's AI-Based Profile Evaluation Tool | Is Your Profile Good Enough To Make It To Your Dream B-School? There is a high demand for MBA graduates in India and around the world. Think of soft skills as skills that define what you work on. What employers look for in MBA Graduates? MBA skills are very profoundly spoken of; they may include functional, non-functional, strategical, and many to add to the list. But "soft skills" is a very vague term - what kind of soft skills does the average campus recruiter look for in an MBA student? Find out which skills you'll need to build a successful career in STEM. To make the resume more enhancing and more corporate, specific skills help aspirants get more opportunities. These are some of the most crucial MBA skill sets required to be followed. Adobe Stock Adaptability and Flexibility. Communication acts as a medium for showcasing one's personality. Think of soft skills as skills that define how you work. How does work experience have an impact during placements? Employers look for people with good decision-making skills because it is a critical skill for effective management and leadership. Usually, interviews comprise of a case-study round or a case-problems like guesstimates, which can give the panel an idea of the candidate's problem solving abilities. Think like a recruiter! As we come out with further iterations of this report in the coming years, we hope to present a more holistic view of recruiter opinions by including a larger number of recruiters from a wider spectrum of industries. 4. These also promote the development of the next most in-demand skill, that is interpersonal communication. Get suggested colleges and free counseling. Through the Campus Recruiters Survey, we aim to bring in a degree of balance to the Indian placements process by serving as a bridge of communication between B-school placement committees and campus recruiters. According to the survey, 81% of recruiters identify interpersonal skills as important—more than any other kind of skills. Few skills that MBA teaches are listed below: The world has been digitalized, and there are an essential aspect and the role that technology plays in the corporate world. While everyone expected the number of questions to, Here are the best stories on InsideIIM handpicked for you, XIMB: Salary, Placement, Campus Life, Selection Procedure, Fees & More | Know Your Campus, When it comes to management education in the country there are a few institutes who focus not just on creating global CEO/CXOs, but also have a natural social bent that, From An Agricultural Family In A Small Kerala Village To Working With TCS, Ft. Akshay R, TAS, What makes a TAS Officer different from others? MBA Key Competencies and Skills. Quantitative skills are effectively generally connected with numbers and values. Very widely known as MBA is a course for aspiring entrepreneurs or someone who 2wants to study the crux of business. the following are the list of best MBA courses in demand. No longer is it enough to get top grades in b-school and hope to get hired by your dream organisation - it just doesn't suffice. Decision making is a process of selecting a formal and right choice from the given options. 5 Vital Skills You Will Gain As An MBA Graduate - NTU Online Analytical skills are where there is a situation given. These are some MBA skills in demand, and we will look into them in detail. Also read - 25 Things That Top Campus Recruiters Want B-School Students To Know. MBA aspirants and students can avail the best MBA specializations for future in corporate and industry. From the graphic above, the top-5 skills that MBA students need to focus on developing are problem solving, teamwork & collaboration, interpersonal communication, leadership, and adaptability. These are the skills that will be in high-demand by 2022, as per the World Economic Forum. Management students can pursue an MBA in Operations in order to gain the skills and techniques needed to plan, execute and manage various operations related activities such as product design, procurement, product manufacturing etc. Many MBA students are interested in the increased earnings and additional employment opportunities available to them upon graduation—according to one recent report, 88 percent of MBA graduates from the class of 2015 were employed post-graduation, and alumni of full-time, two-year MBA programs working in the United States reported a median annual starting salary of $94,900. Real estate majors of India support it. It turns out that, on average, b-school recruiters have a neutral opinion about the eminence of candidates' undergraduate institutes when hiring them for various roles in their organisations. Here are some skills that MBA graduates should have: These are some MBA skills in demand, and we will look into them in detail. Companies are not just looking for number crunchers anymore - they're looking for all-rounders and within all-rounders, the spotlight is always on those with superior soft skills. The MBA degree is still the best way and the simplest way to get a better job. Remember, recruiters are looking for specific competencies related to a specific position. 3. Recruiters believe that clarity of thought in determining a career path can save both them and the student a lot of time and energy, and can help them source the best and most relevant talent for their organisation. People with technical skills are better at multitasking in challenging and complex environments. A manager's incapability to make the right decision can result in chaos among workers and interrupt staff production. Different sectors are defining different meanings of leadership. Therefore, it may be the case that for these recruiters, work experience may not be an influential criterion in the selection process but for companies hiring for Consulting, Product Management, Operations etc. Always studying about brands and being innovative is something every company finds in an aspirant. Read next - 25 Things That Top Campus Recruiters Want B-School Students To Know. Therefore, it is likely that if you're applying for any of these roles, where you completed your graduation will be inconsequential to your chances of getting selected by an organization, though the sample set of respondents is not large enough to be certain of this. by hemanth kumar. So how does a candidate display his/her problem solving ability in an interview, especially if they do not possess prior work experience? The top-5 hard skills that India b-school campus recruiters would like MBA students to possess include people management, quantitative skills, data science and analytics, specialized marketing, and supply chain management. This is a major concern that MBA students and business schools need to immediately take cognizance of, especially now that they know in explicit terms as to what campus recruiters are looking for in the ideal candidate for their respective organisations. For experienced professionals, questions may be asked about significant challenges that they faced while working, and the candidate may be asked to break down their approach to solving that problem. Here's how they ranked the importance of work experience while shortlisting candidates for their respective organisations. Every corporate organization demands aspirants who are punctual and are exceptionally on time. This makes it competitive and arduous for aspirants who are in search of jobs. But what do recruiters mean by adaptability, and how can an MBA student display a soft-skill like adaptability even before joining the organisation? Learn about the wide variety of business-related skills that are obtained through an MBA degree program. The following are the top-10 soft skills that recruiters at India's top business schools are looking for when hiring MBA students. It also revolves around synthesizing big data compilations and reviewing the same. Interested in Latest Educational Articles? Your results-based … 11 Skills In Demand In 2020. Here's what we found. Every year The Financial Times (FT)summarises and groups the qualities that are highly regarded by international companies which recruit MBA graduates. Does an IITian have a better chance of making it to a top company as compared to someone from a tier-2 engineering institute? Team work and collaboration is another highly important skill set to have, and for MBA students, opportunities to build this skill lie in case competitions, campus events, and live projects. 21st July,2020: The demand of MBA, with specialization in the related fields, is very prompt to the common men. For understudies who keep keen on insights or bookkeeping or even account, these abilities are significant. If you had asked recruiters — say, two or three years ago — to provide a list of must-have attributes and skills in MBA candidates, you would have been handed a long grocery list: leadership, interpersonal, negotiating, supervisory, decision-making, analytical, communication, time management, and technical skills. The candidates should invest time in the analytical aspects, tools, and techniques used in real-time companies. But the placements process at b-schools is not a one-sided affair - if students are looking for recruiters to improve how they hire, recruiters are also looking for students to be more prepared and present themselves better. It is essential to work according to a fixed schedule to avoid delay in any upcoming opportunity. Technical skills and digital literacy did not matter much to MBA aspirants a decade or so ago. Institute of Business Management Studies, the distant MBA learning center, headquartered in Mumbai, has emerged to be finest online portal to study MBA. We are the team behind your favourite platform. The technological aspects are very crucial to the new development in everyday life. Please leave your information to get the best suggested colleges and free counseling. If you do an MBA, you can also get top positions with a good job in the business world. The report shows that the big four soft skills demanded by MBAs recruiters are: Interpersonal skills; Communication skills; Strategic Thinking; Leadership. Is Your Profile Good Enough To Make It To The Top B-Schools In India? Making the team one entity, considering every teammate's opinions, and making the required arrangement makes the team more efficient. They each require different skillsets and different experiences, and an MBA can be a perfect opportunity to acquire them. We are hopeful that MBA students and business schools take cognizance of this report and its contents and find it helpful in improving the placements processes at their respective institutes. A soft skill, also called people skill, is the ability to interact cordially with others. Soft skills include interpersonal skills and empathy, leadership and management skills, adaptability and learning skills, communication and negotiation skills, creativity etc. It is interesting to note that amongst the top-10 most desirable soft skills as per b-school recruiters, MBA students are deficient in 60% of the most desirable soft skills including leadership, emotional intelligence, problem solving, teamwork and collaboration, curiosity and general awareness, and adaptability. It is a misconception that CAT, XAT, NMAT, IIFT, SNAP and other management entrance tests are the toughest phase of getting into a business school. 8 Job Skills To Succeed In A Post-Coronavirus World . Most of this year's hard skills are in rapidly evolving fields and emphasize the importance of analyzing data. Do recruiters give preference to those with prior work experience? Technical skills are a set of abilities used to perform tasks in science, information technology, and mathematics. 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