Statistics for MBA students

BUSINESS SCHOOL

Is it required for an MBA student to learn about statistics? The answer is ‘Yes’. A basic course on statistics is inevitable for an MBA program. Nowadays, managers in the business world face some important questions regarding their production and sales.  What combination of features of a product is most desirable for consumers? Given the previous observations can we forecast future production and sales? How did we do last month? Can we compare between different industries on the basis of some criterion, such as profit, production, sales, input cost, etc? To that end, statistical analysis provides a systematic approach to answer these questions.

          Realizing its importance in business analysis, many MBA and PGDM programs are already placing greater emphasis on statistics, especially on quantitative data analysis in their core curricula. The courses develop the skills and insights required to make effective use of statistical methods in the area of business analysis. The course structure on statistics should range from a rigorous training in the fundamentals of statistics, such as data analysis to applications of popular methodologies, such as sampling techniques, regression analysis and forecasting. Special importance should be given on the topics related to sampling methods, distribution of data and testing of hypothesis. Several schools also provide exposure to computer software (such as, SPSS, STATA, EViews) that implements key techniques.

However, a general fact is that the MBA students are less interested in statistics or more specifically the theoretical part of it, finding it too abstract. In this regard, teachers can play a crucial role. They can engage the students in a suitable way with statistics, challenging them with real-world exercises like finding errors in reported studies, designing experiments to test hypotheses in the real world, and analyzing real data which involves an understanding of how analytical and graphical techniques can be employed to summarize, display, and analyze data.

For More  Information :- Asia-Pacific Institute of Management

Email Id:-admissions@asiapacific.edu

Mob No:-7042893436,7042893445 
Website:- www.asiapacific.edu

Criteria for selecting a Quality MBA Program.

If one has decided to earn an MBA degree, then it is all the more important to look for a high quality program with solid business education, valuable academic experience and impressive professional credentials.

The most important factor to search for is the MBA program that is accredited by respected business organizations. These organizational bodies judge the institutes by its quality of academic standards. The assessment criteria depend on the Teaching-learning and Evaluation process of an Institute. Some other criteria such as facility of Research, Infrastructure and Learning Resources, Student Support and Progression are also very important to asses an Institute. There are many business schools and colleges in India offering two years of MBA or PGDM programs accredited by AICTE (All India Council for Technical Education), UGC (University Grants Commission), and NAAC (National Assessment and Accreditation Council).

B-school in delhi

Another important factor to look for is that the MBA institute has esteemed faculty members who are experienced, educated and innovative. Faculty members are usually required to have a professional work experience in an area relevant to business and a specialization or expertise in the course they are instructing. Once you find a program that you are interested in, spend some time researching the educational and professional backgrounds of faculty members.

Each year various reputable publications, websites release the ranking of the business schools base on the fact that how academic institutions stack up against one another in terms of faculty, instruction, reputation and student mix.  A higher-ranked business school may be more likely to provide you with a quality education than one that is not ranked at all. 
 

For More  Information :- Asia-Pacific Institute of Management

Email Id:-admissions@asiapacific.edu

Mob No:-7042893436,7042893445

Website:- www.asiapacific.edu

How to Succeed in the Job Interview

      

After completing the PGDM course from AICTE affiliated MBA College a student is definitely on a look out for the best job available. To secure a job one has to undergo an interview. Thus being successful in any interview is a ladder to career development. For success in an interview one should be confident of his abilities, experience & make an impressive start.

Thumb Rule:

1.      Research on the company’s background & its different ventures if any 

2.      Justifying your role  &  your contribution in company’s growth

3.      Working on probable industry related questions

4.      Handling unexpected questions without a frown. 

5.      It is perfect to admit that you do not know the answer instead of assuming or making guesses.

6.      Keep a check on your body language & have a regular eye contact

7.      Addressing the interviewer by his name, shows your confidence & adds to your overall performance

8.      Have a firm handshake

9.      Ability to take interviewer through your CV & how you have progressed over the years

10.  Always do a mock interview in front of mirror. This certainly would boost your confidence.

We wish you a happy & a confident interview….Go ahead turn your dreams into reality.

For More  Information :- Asia-Pacific Institute of Management

                      

                       Email Id:-admissions@asiapacific.edu

                       Mob No:-7042893436,7042893445
                                          

                       Website:- www.asiapacific.edu

Sharpening the Entrepreneurial Skills

Asia-Pacific Institute, an MBA College in Delhi NCR, has been continuously evolving over the years by pursuing and inculcating several innovative ways of teaching, learning and experience-sharing by industry experts. This MBA College firmly believes in making future business leaders.

Inspired and fascinated by novel business opportunities. Institution together with highly motivated students and its trained faculty, remains focused on understanding how novel opportunities can be identified, developed and commercialized. Various offered by the institution are structured to develop student’s passion for innovation & bring out entrepreneur in every student.

India’s entrepreneurial state has flourished rapidly in the past few years. In the Indian market, entrepreneurship-led economic growth is more comprehensive and is sure to act as a crucial catalyst to create employment. Anticipating promising figures and growth  and to keep the entrepreneurial spirit of every student elated  this business school, Asia Pacific started its own E-Cell (Entrepreneur Cell) which aims at paving way for budding business leaders to a much stronger entrepreneurial journey.

 Asia Pacific has tailored its PGDM courses to encourage entrepreneurial skill sets right from day one of graduation. Opportunity evaluation, risk taking, raising and leveraging resources, communications, and sales are survival skills which are conscientiously imbibed through an intensive industry vetted curriculum of institute. Students are given opportunities to practice these skills in the relatively safe and stress-free environment of an academic institute. Primary objective of E-Cell is to train the future mangers in such a way that they look beyond the job & are capable of creating jobs for other by starting their own ventures which will have higher chances of success.

For More  Information :- Asia-Pacific Institute of Management

                      

  &bsp;                    Email Id:-admissions@asiapacific.edu

                       Mob No:-7042893436,7042893445
                                          

                       Website:- www.asiapacific.edu