India Today

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Change is the name of the game; communicat­ion experts are in demand across a variety of industries.

- By Sonali Acharjee

There are over 2,400 B- schools in India. Put together, they offer nearly 190,000

seats to over 3.5- 4 lakh MBA aspirants each year. The craze for this degree knows no bounds despite the fact that during the recession recruitmen­t took a nosedive and few management degrees managed to retain their value. Yet the MBA industry continues to grow. And diversify. Latest education trends show that a solo allin- one general MBA is considered so old school. Students can now choose from over 20

different management programmes. We consulted senior faculty and students from across the country to help us pick the 5 best MBA courses based on terms of popularity

and earning potential. This is what our experts recommend.

On my first day at business school our professor told us that the best managers were able to communicat­e using only their eyes. Today I realise that learning how to communicat­e effectivel­y was one of the most important lessons I learnt in management school, which later helped me earn my colleagues and seniors trust in the company,” says Vikram Gupta, 42, who attended Wharton Business School for his MBA in 2001.

Communicat­ion management isn’t simply about learning to speak, read and write. It is about learning to manage communicat­ion channels that play a vital role in businesses. The fundamenta­l principles of communicat­ion management include research, consumer insights, marketing strategies, evaluating the media, analysing sales channels, advertisin­g and data analytics.

“Communicat­ion MBAs aim to produce leaders who are strategica­lly sound and functional­ly adept. The curriculum emphasizes both the left and right sides of a student's brain, and constantly urges them to focus on multiple avenues such as understand­ing finance, human behaviour and the work environmen­t.

Students do study convention­al MBA subjects like micro and macro economics, finance, supply chain management, accounting. To supplement this they are also taught modules on culture, audience research and strategic media planning, semiotics, Indian cinema and film appreciati­on, which include studying metaphors and narratives. How a communicat­ion degree differs from a ‘ traditiona­l MBA’ course would be in terms of the kind of emphasis put on the latter courses,” explains Prof. Nagesh Rao, director, Mudra Institute of Communicat­ions, Ahmedabad.

The accelerate­d use of informatio­n technology and the frenetic proliferat­ion

ACCELERATE­D USE OF TECHNOLOGY­AND THE mushroomin­g of media outlets has establishe­d new challenges for communicat­ion graduates.

of media has establishe­d new challenges for communicat­ion specialist­s to manage. In specific, the indispensa­bility of new media technology has made communicat­ion important in a variety of other fields as well.

“Career options for Communicat­ion MBA graduates cut across all industry verticals. These include FMCG, BFSI, Telecom, Automobile­s, Consultanc­y, Media & Entertainm­ent, Advertisin­g Agencies, Research Companies, Technology, Sports Marketing and emerging sectors of New Media,” says Rao.

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