Management Consulting Program that I personally lead at Blue Chapter: [ Ссылка ]
If you are applying for fall 2024 MBA programs, check out the global MBA fellowship program: [ Ссылка ]
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Links to Courses
Predictive Analysis - [ Ссылка ]
Operation Management - [ Ссылка ]
Financial Accounting & Analysis - [ Ссылка ]
Strategic Management - [ Ссылка ]
Marketing Management - [ Ссылка ]
IIM Bangalore has come up with 32 online courses which are absolutely free of cost. These can help one in profile building for MBA. Also, there are no eligibility criteria. Anybody and everybody can apply to these courses. A UG student in any discipline can do these courses. In this video, I talked about the top 5 courses from these 32 free courses by IIMB in 2023. I am deciding the best free courses on the basis of the courses that were taught to me during my international MBA from INSEAD. These courses are taught at some of the best universities in the world. There are many job and business opportunities for someone studying and mastering these courses
Even those who don’t pick up a job can learn about team management and understand one’s teammates better by taking this course. The first in the list in Predictive Analysis. What you will learn in Predictive Analysis? If you open Amazon or Flipkart, you will see some recommendations for various different products. If I open Flipkart or Amazon, I will also get some suggestions from the app. Suggestions given to you would be different from suggestions given to me. How is this predicted which individual is more likely to buy which product? It is done through Predictive Analysis. The entire personalization of recommendations and suggestions works in this module.
When someone opens an app like Flipkart for the first time, many guestimates have to be made before suggesting any product to them. Your age, gender, locality, and on these factors, the algo will recommend you a certain product to buy. After doing this course one would have a good shot at applying for jobs such as Data Analyst or Data Analytics Specialist. And this job profile is on the rise right now. The second course is Operations Management. Taking the same example, if Flipkart has 10,000 delivery agents in Delhi, they might not want to go for 15,000. Because if 10,000 is enough then paying 15,000 would be a huge hassle.
Similarly, they may want to reduce the number of executives to 5,000 but that may not be a good idea either. Because this may increase the delivery timeline. Because of this Flipkart has to come up with the right number. That capacity planning is important for them. Similarly, they have to monitor the utilization percentage of each of the employees. A jeans company like Levi’s also has to do inventory management so that they are not producing more than necessary and still no incoming customer walks away. This kind of capacity management lessons you will learn in this course.
These fundamentals are important for you to build the base of your MBA knowledge. The third course on the list is Financial Accounting & Analysis. I know we all may find finance boring. But to understand the importance of finance in everyday business, you should go and read the quarterly reports released by all the companies across the world. Quarterly revenue results tell us a lot about a company’s performance and where the company is headed in the future. Next up is Strategic Management, under this many decisions such as the role of a new CEO in a company or M&As for the future and so on are made. Business frameworks used to make these decisions are taught in this course. After this, we have Marketing Management. Marketing is crucial for all businesses, you will learn everything about how marketing is done at top levels of business to build awareness.
About Me
I publish meaningful and valuable content on this channel. My aim is to make business news more accessible and easy to grasp. If you find my videos informative and insightful then make sure to subscribe and leave a comment. I’ll see you in the next video
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Chapters
0:00 - Intro
0:35 - Criteria for best courses
1:11 - #1 - Predictive Analysis
2:35 - #2 - Operation Management
3:47 - #3 - Financial Accounting & Analysis
4:32 - #4 - Strategic Management
5:22 - #5 - Marketing Management
6:41 - Outro
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