Traditional Learning Vs Distance Learning

In the present scenario, there is cutthroat competition. The only way to ace the competition is by exhibiting professional skills, educational background and knowledge. For this reason, individuals are constantly in the process of learning to enhance their odds of securing a decent job and to elevate their chances of promotions.

Today, both traditional learning and distance learning are available at the disposal of students. So, the students can choose to receive education via a suitable mode as per their needs and feasibility.   

Traditional learning entails to acquiring education by visiting an educational institution and attending regular classes. Here, students learn by interacting with the teachers as well as classmates. On the contrary, distance education is a form of learning whereby individuals can gain knowledge online. They don’t have to visit any place to receive education. Rather, they just need a device and an active internet connection to start receiving education.

Both forms of education have their pros and cons. Let’s have a look at the comparison of both: 

Flexibility

There is a fixed duration, timings and schedule for traditional education. Students have to visit the physical institution on the mentioned time to receive education. On the other hand, students can study at their place and at their chosen time when they are pursuing a correspondence course.

Cost

Courses offered via traditional learning mode are costlier than those offered via distance education. One of the main reasons why distance learning is gaining popularity is because it is cost-effective. So, distance learning serves as a platform for a wide range of students belonging to the low-income group or diverse background.

Traditional education witnesses an annual increase in the fee price. Hence, it becomes knotty even for a student from the middle-income group to continue his/her education.  

Distance learning is inexpensive. Furthermore, students get access to industry-relevant information and updated syllabus when they study via distance education.

Length of the program

Traditional learning involves a fixed time period of 6-8 hours each day whereby students have to mandatory attend the classes no matter how tired or stressed they feel. Distance learning, on the other hand, gives a chance to its students to study as per their schedule and according to their own potential. Moreover, a student can study in free time and at his/her pace. So, there are possibilities that a student might take less time to complete his syllabus than traditional learning.

Location Restriction

In the case of traditional education, a student is likely to miss some classes as he/she has to travel to college regularly to receive education. So, their learning may get affected. However, if they choose distance learning, they can’t skip classes as they can study at any time and at any convenient place.

E-learning is the greener option

Traditional learning requires students to visit college every day and jot down important points by preparing notes in papers. This leads to noise as well as air pollution and the papers utilized leads to deforestation. Hence, distance learning is more effective and greener option. Online education requires less energy. It leads to a reduction in papers as the study material is online and the examinations are also held online.

Best Distance Learning Courses

In this developing and digitalised world, knowledge and education has no borders. Digital Education has taken the world by storm. It allows individuals to study with ease at their own schedule. So, individuals do not need to leave their studies in between due to several adverse factors.  Distance learning courses give such students an option to receive knowledge online.   Thus, it empowers the aspirants to pursue higher educational courses despite professional commitment, personal difficulty and physical barriers.

In India, Distance Education is rapidly gaining popularity. It facilitates the individuals to work along with pursuing their higher studies. So, they can earn their livelihood and simultaneously enhance their skills to climb the ladder of promotion.

Considering the growing popularity of correspondence education, a plethora of distance education courses are available at students’ disposal. However, distance MBA course is a forerunner among all other distance learning courses. There are innumerable colleges that offer distance MBA, but one should choose the best institute to reap the benefits of an MBA course to the fullest.

Best distance learning courses offered by MIT-SDE

MIT School of Distance Education (MIT-SDE) is indisputably among the finest distance learning colleges in India. The college offers management courses in order to give wings to the dreams of aspiring entrepreneurs and managers.

At present, it offers Post Graduate Certificate in Management (PGCM), Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Business Administration (PGDBA). The courses are regarded as equivalent to a distance MBA course. However, they are much better than it as students get access to the updated syllabus and top-notch quality study material.

So, MIT-SDE’s courses are relevant to the present industrial landscape and the course is industry-centric. Furthermore, the candidates can choose from various exciting disciplines such as Supply Chain, HR, Material Management, IT, Marketing, Finance, Risk Management and any more.

PGCM Course

Post Graduate Certificate in Management is a one year course which specialises a student to attain all the required managerial skills and knowledge to achieve a place in this highly competitive world.

If you wish to move hand in hand with everyone, then you must be acquired with the required skill, qualification, knowledge and experience. PGC in Modern Office Management and PGC in Retail Management are the two specialised professional courses that can widen your career prospects immediately after completion.

PGDM Course

PGDM or Post Graduation Diploma in Management is course spanned at a duration of one and a half year. It can be pursued in any specialisation of management including Information Technology, Human Resource, Finance, Marketing, and Material Management. MIT-SDE exploits the Learning Management System (LMS) whereby all the course-related study materials are uploaded in the student’s account. Furthermore, the study materials are self-explanatory and presented in a lucid language. Hence, they are perfect for self-study. The physical book is also available for those who wish to study in the traditional way.

PGDBA Courses

Quite similar to an MBA course, Post Graduation Diploma in Business Administration (PGDBA) is a two-year program offered by MIT-SDE.  It enhances the entrepreneurial and managerial skills of the students so that they can gain speedy promotional or a well-paid. PGDBA can be pursued in specialisations such as Project Management, Marketing, Supply Chain, Finance, Human Resource, Operations, etc. MIT-SDE also organises webinars for its students where experts clarify the doubts of students and build their concepts. MIT-SDE also offers career guidance and placement support.

So, what are you waiting for? Apply for admissions at MIT-SDE right away and broaden your career prospects.

Benefits of Distance MBA

Master of Business Administration (MBA) is among the most sought-after courses in the world because of its impressive scope. This course is perfect for those who yearn to take up managerial positions in esteemed organisations or for those who wish to embark on their entrepreneurial journey. In this course, individuals master managerial skills and they gain requisite knowledge and skills that can be effective in setting up and running a business.

Every year, oodles of students covet to pursue this course. However, only a few students are able to secure their seats in management colleges. Furthermore, only a handful of students can support the whopping fees of MBA offered by private colleges. Then, there are some students who cannot pursue post-graduation due to professional commitments or physical barriers. The end result is that only a fraction of MBA aspirants can actually pursue the course.

Distance MBA: A ray of hope for all management aspirants

In order to pose a solution to the aforementioned problems, distance MBA course was introduced. The course is offered online, so students can study according to their schedule. In addition to that, the fee structure of correspondence MBA is just a fraction of the exorbitant fees of a regular MBA course. Thus, it facilitates hosts of management aspirants to elevate their career prospects by pursuing the course.

Various institutes and universities offer MBA via distance learning mode, which often perplexes the students in choosing a college. However, if you are looking for the top distance learning institute for management courses, then you should select MIT School of Distance Education (MIT-SDE).

Best distance learning institute in India: MIT-SDE

MIT-SDE is the component of the MIT Group of Institute, which is a reputed educational group in India. Just like its parent group, MIT-SDE is known to offers best in class distance MBA course. It offers management courses spanned across different duration to cater to diverse professional needs of the candidates. It offers 24-months Post Graduate Diploma in Business Administration (PGDBA), 18-months Post Graduate Diploma in Management (PGDM) and 12-months Post Graduate Certificate in Management. These courses are offered in exciting specialisations such as Operations, Supply Chain, HR, Finance, Risk Management, Marketing, and any more. These courses are equivalent to MBA but better than it due to several reasons.

Benefits of pursuing Distance MBA from MIT-SDE

1. Updated Curriculum

Unlike regular MBA, the curriculum of PGDM, PGDBA and PGCM courses offered by MIT-SDE is updated regularly. So, MIT-SDEs courses are relevant to the current industrial landscape. Every year, MIT updates its curriculum according to the industrial scenario.

2. Lucid and comprehensive study material

The study material is prepared by the industry experts and published by the experts of Wiley Publications. It contains modules, lecture videos and other resources that facilitate self-learning. The modules are easy-to-understand and they are self-explanatory.

3. Reasonable Fee

MIT-SDE offers reasonable fee structure for all its courses. Furthermore, there are scholarships for meritorious students. There is even the facility to pay the fees in installment, so students can study with peace of mind.

4. Webinars by experts

In order to build the concepts and clear the doubts of the students, experts are brought onboard through Webinars. The students can interact with the experts and clarify their doubts in the webinars.

5. Career guidance and placement support

The experts of MIT-SDE are at students’ disposal to offer career guidance throughout the course and even after its completion. MIT-SDE also offers placement support to its students.

Principles of Information Technology

IT managers are an asset for every organisation. Their task involves planning, directing and coordinating IT-related activities involving installation and maintenance of IT equipment. They look into the IT needs of a company, monitor the computer systems and take the necessary steps to improve them.  However, there are some principles of IT management that every IT manager has to follow to keep the department running.

1. Align IT activities with organisational goals

It is the responsibility of IT managers to ensure that the IT activities are on the same page as other organisational activities. For this, the manager needs to communicate with the executives regularly so that the IT department can contribute to meeting organisational goals.

2. Focus on Relationships

Satisfying customers’ needs is quite necessary for a successful organisation. When we talk about IT sector, establishing a sound relationship between the IT consultant and client are imperative. It facilitates IT, consultants, to gain a better knowledge of IT-related activities, working environment and capabilities of the client’s organisation. Establishing a sound relationship with the stakeholders allows an IT manager to govern the activities of an organisation.

3. Project should deliver on promised value

An IT manager must ensure that the project is meeting all its proposed value at outset. For this, the manager has to monitor the activities and follow-up with the team regularly. The activities that are benefiting the organisation should be continued while those hindering the growth or not delivering the expected results should be stopped.

4. Manage resources and risk wisely

It is the task of the IT manager to optimise the resources and take advantage of individual strengths. IT managers must understand the risk involved in the project so that they can minimise them. They should keep abreast of cyber laws, threats and regulations that industry must follow.

5. Track performance

IT managers must track the performance of their department and use metrics to show the department’s value. The metrics can easily demonstrate the areas that need attention and the areas that are lucrative.

6. Definition of Roles

Every consultant, employee, client, as well as the stakeholder, must be aware of their roles. Once every individual is aware of his/her roles, the responsibilities become defined as well as the processes run in a smooth manner. IT consultants must make sure to inform the clients of their role of decision-making in the process. Further, the consultant and his team must be aware of their limitations and boundaries.

7. Orientation towards results

The hardships utilised for the completion of work must relate to the success of the end goals. To reach the expected results, IT consultants and his team must be successful in assisting their clients in every possible way.

So, these were some of the principles of Information Technology that every IT manager must follow. At MIT School of Distance Education (MIT-SDE), we ensure that future managers understand these principles and follow these. If you want to become an IT manager and enhance your employability skills, then pursue distance MBA equivalent courses from MIT-SDE. Whether you are a working professional or a student, you can easily pursue MIT-SDEs up-to-date course as per your convenience.

Career Opportunities after MBA

Masters in Business Administration (MBA) is one of the most sought-after post-graduate courses which can be pursued after any under-graduate program such as B.Com, B.Tech or BBA. An MBA course is available in many streams such as finance, risk, IT, marketing, human resource, project management and many more. This course has an impressive employment record as it is known to offer more than 90% employment to its graduates.

So are you planning to choose MBA as your ultimate career goal? Are you wondering about the kind of job and salary package you will get after your job? Here you will get a brief description of the most preferred courses, their jobs and salary packages after an MBA course:

1. Finance Management

Finance is one such field which opens doors for a lucrative career. A course in financial management gives you a chance to enter different sectors such as banking and financial services, wealth management and many more.

In a company, the job of finance professional is to ensure the availability of funds for completing the business operations successfully. A finance professional must be able to balance the amount of risk and profitability in the business, maximise stock value and take care of day to day finances.

If you are looking for career opportunities in abroad (U.S), then the annual average salary as finance professional will range from $ 48000 to $ 170000 and in India, it will range from INR 4 lakhs to 30 lakhs.

2. Human Resource Management

Human Resource (HR) managers are imperative for every organisation as they manage the biggest asset for an organisation i.e., human resource. It is the task of HR professionals to select the right professionals for the right job, train them and ensure that they are working productively throughout. After a course in HR management, professionals can find jobs in MNCs, educational institutions, organisations, and almost every firm as HR management are pivotal for the success of a business. A degree in HR management allows one to attain different job titles such as HR Generalists, Compensation Manager, Placement Manager, etc. A fresher HR manager can earn between INR 3 to 6 lakhs and with experience, the salary increases.

3. Project Management

An MBA in Project Management is one of the most sought-after courses because the students gain skill-set which is immensely valuable for any business. A course in project management deals with topics such as cost management, time management, risk management, asset management and other aspects that ensure the success of a business. A project management professional can attain job titles such as Project Leader, Project Planner, Engineering Director and many more.

Since it is one of the most desired skills in recent years, it is highly paid, offering an annual salary package of INR 400,000 and above to the fresher and more than INR 2,000,000 to an experienced professional.

The field of management offers a high-flying career to the professionals and the ticket to enter the field in an MBA course. However, a plethora of management aspirants are unable to pursue regular MBA course due to financial difficulty, personal problems, physical constraints or professional hindrance. So these are the career opportunities after MBA. Such professionals choose to pursue correspondence MBA course. At MIT School of Distance Education, we offer PGDM and PGDBA courses that are equivalent to distance MBA but much better than it as the syllabi are updated to sync with the industrial trends. So, choose MIT-SDE’s courses to enhance your employability skills.

Essential Project Management Skills

Do you aspire to become a project manager? If so, then you must know that pursuing only a management course is not enough to excel as a project manager, you must master other skills to do full justice to the position. Both soft skills and hard skills are indispensable to become a project manager.

A project manager is responsible to formulate a plan, execute it, control, direct and close the project. Furthermore, the project manager has to lead a team of subordinates towards achieving the end goals within the intended timeline while following the budget.

Let’s find out the Essential Project Management Skills :

Leadership

A project manager is the leader of the team. So he/she needs to possess leadership skills to get work done effectively through the team. Being a project manager, it is your duty to not only handle the projects in a well-organised approach but also guide your team in the right direction. For this, leadership skills are imperative.

Communication

Project leadership is curtailed without effective communication. A project manager is usually occupied with presentations or business meetings, chats and messages to communicate with those concerned with the project.

No matter how effectively you manage your team, but if you fail to commune the requisite information to the people, you can’t expect the accomplishment of targets. Thus, a project manager must be a skilled communicator so that he/she can communicate effectively with people ranging from project’s team to the stakeholders and the customers.

Sense of Humour

A project manager has to deal with all kinds of situations. So, the project manager must know how to solve problems and overcome challenges while motivating the team to perform under pressure. Here, sense of humour comes into play.

If you have a jolly nature, it helps you to keep your employees encouraged and lighten their mood. It facilitates a manager to work smartly while finding the best possible solution to the hardest of problems.

Being a project manager, you must also work hard to set an example for your subordinates. If you have a good sense of humour, you can create an affable environment for your team where they can work productively.

Risk Management

No matter how simple and effective your project is, but it will surely be prone to some unforeseen risks in the future. Being a project manager, you must have the ability to anticipate risks and be well equipped to tackle them. However, your anticipation can’t always be true. So, you must be prepared with different processes to handle unanticipated issues as soon as they arise.

These are some of the soft skills that make a successful project manager. So, if you are planning to pursue a project management course, make sure to sharpen your soft skills along with gaining knowledge. You should pursue a course that imparts technical or management skills along with enhancing your soft skills. MIT School of Distance Education (MIT-SDE) offers one such course. Here, you can pursue distance MBA equivalent course that emphasises on practical exposure and personality development. This correspondence MBA course makes you job-ready. So, enrol for MIT-SDE’s project management course right away!

7 Principles of Supply Chain Management

Supply chain refers to the processes that are involved in moving the products from the supplier to consumers. It is a network of organizations, people, resources, activities and information involved in upstream and downstream. Supply chain management (SCM) is the process of handling the flow of goods or services. The activities involved from acquiring raw materials to the final delivery of the product to consumers come under SCM. Supply chain management minimize the waste, cost and time consumed in the production process.

Principles of supply chain management

1.  Adapt Supply Chain to Customer’s Needs

The businesses and supply chain professionals understand customer’s needs. Customers are divided into different groups called ‘segments’ in order to understand them better. On the basis of sales volume or profitability, the primitive way to segment customer is ABC analysis. It can also be done by product, trade channel and industry. Anticipating the customer’s needs is also very important. Once the needs of the customers are anticipated, the supply chain should be aligned to cater to the needs.

2.  Customize Logistics Network

After the segmentation of the customers based on different requirements, SCM managers have to tailor logistics networks to serve different segments. The SCM manager has to prioritize the deliveries and make suitable provisions to quickly distribute those goods that are marked as urgent.

3. Align Demand Planning Across Supply Chain

Supply chain professionals are trained to share data with trading partners in order to avoid the unnecessary stock. The demand data must be used wisely by the SCM managers.

4. Differentiate Products Close to Customers

Standardization and differentiation are two completely opposite things. Some cosmetic companies manufacture only 1 SKU that can be sold throughout Asia instead of 1 SKU per country. Due to the economy of the sales, standardization can drastically bring down the cost.

5. Outsources Strategically

Though outsourcing is all the rage, the managers must outsource strategically. The core expertise should not be outsourced ever. This principle stands the test of time.

6. Develop IT that Support Multi-Level Decision Making

The IT projects should not be done in isolation and before IT projects, the business process reengineering should be done. This provides a proper understanding of process insufficiencies and helps to determine the kind of innovation needed.

7. Adapt Both Services and Financial Metrics

The activity-based costing (ABC) is applied to determine the customer’s profitability. It is even better to exploit Time Driven Activity Based Costing in order to understand changes in activities, process, product and customers.

So, these were seven principles of supply chain management given by the experts of the field. A manager can be successful if he follows these principles in supply chain management. At MIT School of Distance Education (MIT-SDE), we offer Post Graduate Diploma in Business Administration (PGDBA) and Post Graduate Diploma in Management (PGDM) courses in Supply Chain Management equivalent to MBA distance education. Our course is a mix of practical and theoretical knowledge. We train all our candidates to effectively apply the concepts and principles in real life. So, if you want to enhance your employability skills then pursue distance MBA equivalent courses from MIT-SDE.