PGDM Course: Grooming fresh graduates for managerial roles in BFSI industry

The Banking, Financial Services and Insurance (BFSI) sector of India is likely to provide over one million additional skilled workers by 2022. As a result, several new career opportunities will be lined up for a number of job seekers and fresh graduates in the upcoming years. However, in order to qualify for demanding job roles in the BFSI sector, it is imperative to be well-equipped with all the necessary skills and knowledge.

“In-depth knowledge of the sector, strong analytical and communication skills, and hands-on experience in the industry are some of the key attributes that recruiters mostly look for,” explains a faculty member at iFEEL Lonavala, one of the top PGDM colleges in Mumbai.

The BFSI sector is ever-expanding, and with the increasing demand, recruiters now seek for more up-skilled professionals. With a pool of candidates that apply for jobs in this industry every year, how will you manage to stand out? What skills should you possess that can enable you to have a definite edge over others? This is where PGDM, one of the most preferred management courses, comes into the picture!

The course is designed with an aim to transform graduates into proficient managers and make them industry-ready. With an exemplary placement record, iFEEL, one of the Best PGDM colleges in India, offers courses that are industry-centric and practical-oriented. Through workshops, guest lectures from industry leaders, global tours, etc, the college ensures that students get a panorama of the corporate world from the first semester itself.

Out of the various specialisations that iFEEL Lonavala offers, PGDM in finance is apt for the students aspiring for a career in the BFSI sector and want to gain a deeper understanding of the field. Through the course, you will be equipped with all the right skills to adapt to  the ever-evolving finance sector. The college mainly focuses on hands-on learning experiences and the curriculum is updated constantly as per the changing trends in the industry.

From corporate law, financial markets, banking, and insurance to corporate valuation, iFEEL's PGDM course covers all the key aspects of the finance industry. However, the highlights of the PGDM course are the Summer Internship Program which enables students to gain hands-on experience in the real-time corporate world. With a curriculum that is so extensive, the course undoubtedly helps bridge the skill gap between industry and the learning community.

Personalised E-learning: Beneficial approach for better results

The approach of "standardization" and "one-size-fits-all" is no longer applicable. Today, especially where technology is so ubiquitous in every aspect of our lives, "personalisation" has become imperative— be it in manufacturing, services or retail business. Personalization is needed to make a product or service more endearing to the target audience, and this is especially true for e-learning. In developing countries like India, where millions of children are still deprived of quality education due to financial and locational constraints, smart learning apps like Toppscholars play a significant role.

Owing to these e-learning apps, more people are gaining access to education, regardless of their age and where they live. One of the major benefits that technology has offered students is the fact that learning can be customized according to their needs.

A common challenge faced in classroom learning is the disconnection between students and teachers because of which some students are either way ahead or lag behind their peers. In that regard, personalized e-learning benefits both students and teachers. Some of its other advantages are mentioned below.

Increased student engagement

Unlike traditional classroom learning, e-learning gives students the time to explore subjects that interest them, at their own pace. E-Learning methods are suitable for any category of students as they accommodate different learning styles

Gamification

Through the gaming elements incorporated in e-learning, students are getting more engaged and interactive throughout the learning process. Ed-tech companies like Toppscholars keep their students engaged through video lectures and interesting notes in animated form. Upon clearing of adaptive tests, an analysis report is generated, and the students are given virtual badges. This helps in keeping them more interested in studies.

Track of growth

In schools, students don’t always have the liberty to learn at their own pace. This results in many students cramming the syllabus just to score well in exams rather than thoroughly understanding the subject. E-learning apps have resolved this commonly-faced challenge. With detailed notes and complete study material available on these apps, students can repeatedly go through it until they fully understand the concepts.

People learn and absorb information in different ways and at a different pace. E-learning apps provide a flexible and versatile learning system that enables the students to achieve a goal without having to restrict their time resources. Furthermore, when e-learning is coupled with instructor-led training, it can bring additional dimensions and enhance the overall learning process.

In India, with the launch of smart learning apps like Edukart, Toppscholars, etc and the state-of-the-art features they have, prominent shifts can be seen in the online learning sector. With personalized learning, students can learn what they want at their own pace. This, in turn, leads to improved learning outcomes.

PGDM course: Here’s what iFeel Lonavala has in store for you !

With the growing competition in every field of work, the task of opting the right post graduate program can be perplexing. However, if your field of interest is business, you would want to choose a program that can equip you with the required skills, knowledge and ethics that will benefit you in the current business environment. 

Post Graduate Diploma in Management (PGDM) is one such program, the course structure of which is at par with the latest industry needs and trends. Students get to involve practically in the real business world throughout the entire learning process. Thus, the course will prepare you for all kinds of hurdles that you may face in your corporate career.

How iFeel enriches the learning experience of students

A 2-year full-time AICTE approved PGDM program is offered by iFEEL Lonavala. The college strongly believes in the idea that industries not only need business leaders but they also need dynamic problem solvers who can devise effective solutions against any business challenges. Hence, the institute has adopted a holistic teaching approach.

Expert Mentorship

iFEEL Lonavala organises the i6 series (Ignite, Involve, Innovate, Inspire, Inculcate, Incubate)every alternate week. . This is when eminent leaders from the top companies visit and address the students on various business aspects including management, leadership, entrepreneurship etc. Through their real-life experiences, students are given a bird’s eye view of the business world.

Case studies and research-based projects

By giving students the opportunity to practise case studies with their fellow peers on diverse industries, the institute ensures that they have a comprehensive understanding of all areas of the industry. There are Live Projects where students get to present their innovations on real-life case studies.

Summer Internship Programs

iFEEL Lonavala is one of the few PGDM collegesin Mumbai that grooms students for the corporate world right from the first semester. At the end of the first year, students are mandated to take part in internship programs offered by some of the most reputed companies. Under the mentorship of their professors, they gain hands-on experience of the market. Past students have even found opportunities for international internships with leading companies through iFEEL Lonavala.

Tours of Global Industries

In order to expose students to the real business scenario, iFeel arranges annual domestic as well as international study tours for them wherein they visit companies of various industries including Coca-Cola, Mahindra, General Motors, Bisleri etc. The students are also taken for international tours to familiarize them with the global business market.

A PGDM course is intense; it is a challenge, a test of your personal and professional ability, and at times a struggle. Yet struggle usually causes growth which is why pursuing PGDM course is an experience that is worth the challenge. iFEEL Lonavala enhances the learning experience of its students through its PGDM course. It ensures that students are well prepared for any kind of business challenges they might face in the dynamic market.

Goa Higher Education Board to Incorporate Chapter on GST in Class XI Syllabus

A detailed chapter on the Goods and Services Tax (GST) will be introduced as a part of the Class XI accountancy syllabus for commerce stream students across Goa, according to a report in the Times of India.

Ramkrishna Samant, chairman of the Goa Board of Secondary and Higher Secondary Education (GBSHSE) has directed all affiliated institutes offering the commerce stream to students in higher education to introduce the new module from the academic year 2020-21.

According to Samant, the new chapter will help students understand the newly-introduced tax reform.

“GST is a landmark reform which has made affected the taxation system of India. It is an indirect tax levied on the supply of Goods and Services. GST replaced multiple taxes levied by state governments and the central government. It has brought us to ‘one nation one tax regime’,” the module that is to be implemented by higher secondary schools says.

A circular issued on January 3 informed higher secondary schools of the decision.

According to the report in the national daily, GBSHSE has told institutes that the new module on GST will help students understand the tax’s meaning, the various indirect taxes merged under it, the objectives and advantages of the tax and the various slabs under its structure. It will also help students learn the “accounting procedure for GST”, the board said.

The new module also states that the benefit of GST is that all taxes – excise, VAT, CST and service tax – are subsumed into one and that there would be only three accounts, SGST, CGST, and IGST. The module also states that the tax administration between the states and the Union government, under the GST, is easy to manage and ensures smooth functioning.

“GST taxes will be paid only at the point of consumption so there is transparency,” the chapter reads. “Tax system becomes regular and certain. It removes the cascading effect, ie, no tax on tax even if goods move across state borders. Under GST, the tax is calculated on the value added at each stage of transfer of ownership. This helps in reducing the cost of goods to the consumers.”

GST was launched by the Centre on July 1, 2017, aimed to replace over a dozen federal and state taxes. However, since its launch, the elaborate tax system has been beset by problems stemming from its complex structure.

Labourers’ children set to get free education in Magh Mela area

 In-a-first for Magh Mela, kids of hundreds of casual labourers engaged for better management of the 43-day annual religious event will get an opportunity to study under qualified teachers at two makeshift schools being set up in the tent city by the state education department.

The objective of the move is to impart quality education to kids of workers, who belong to weaker section of society and come to the mela with their parents from different states like Bihar, Madhya Pradesh, Uttar Pradesh, Chattishgarh etc. “With no periodical assessments, the schools will have children between the age group of 6 and 14 years. The children will also get nutritious mid day meal,” said Santosh Yadav, block education officer, Magh Mela-2020.

He said unlike Kumbh-2019 where 5 schools were set up, Magh Mela will have only two-- one at Kali Marg in sector 2 and the other near Gangoli Shivala in sector 4.“The lands have been allotted and we have begun the process of setting up the schools. The schools will have five qualified teachers each who have been selected. The teachers have even begun a survey to identify the kids of the workers who can be enrolled here,” Yadav added. The plan is to start the school within the next 3-4 days and continue it till February end even though the fair would formally conclude with the Maha Shivratri bathing on February 21, said Yadav.

He said the department will also provide drinking water, furniture, electricity, toilets etc in the schools.

“Besides, the kids will also be provided free-of-cost books, a pair of school uniform, sweater, school bag and stationery. They will be taught basics of Hindi, Science, Mathematics and English,” said the BEO.
The schools will have five classrooms each besides a learning centre where an exhibition of teaching and learning materials will be put up. “We will also have a kitchen garden dubbed ‘Poshan Vatika’ where we plan to grow a few vegetables with involvement of kids and use them in the MDMs,” he added.These children, belonging to different cultural backgrounds, will also be giving a feel of ‘unity in diversity’.