Find the best tutors and institutes for MBA Tuition

Find Best MBA Tuition

Please select a Category.

Please select a Locality.

No matching category found.

No matching Locality found.

Outside India?

Search for topics

MBA Tuition Updates

Ask a Question

Post a Lesson

All

All

Lessons

Discussion

Lesson Posted on 12 Jan Tuition/MBA Tuition

Recruitment

Teena Davis

I love my subjects especially in human resource management ,as well as life science so because of that...

Recruitment is the process of identifying and attempting to attract candidates who are capable of filling job vacancies. Sources of recruitment Two types : Internal External Internal: - Identify potential candidates within the organisation. -- Can be done by giving promotions - Skill inventory... read more

Recruitment is the process of identifying and attempting to attract candidates who are capable of filling job vacancies.

Sources of recruitment

Two types :

Internal

External

Internal:

- Identify potential candidates within the organisation.

-- Can be done by giving promotions 

- Skill inventory need to be used or recommendation from managers

-  Can bring ripple effect.

External :

- Attracting people from an outside organisation to apply for vacant positions

- Sources involve-advertisements, educational institutions, employment agencies, voluntary applicants, referrals by current employees.

 

read less
Comments
Dislike Bookmark

Lesson Posted on 08 Jan Tuition/MBA Tuition

MBA-Introduction to management-Functions of managers

Teena Davis

I love my subjects especially in human resource management ,as well as life science so because of that...

Functions of managers Managerial roles are useful tools for managers to achieve the organisational planned objectives. They include general administrative duties that need to be carried out virtually with all organisations. Below are as follows: 1.Planning 2.Organising 3.Staffing 4.Leading 5.Controlling Planning: ---Helps... read more
  1. Functions of managers

Managerial roles are useful tools for managers to achieve the organisational planned objectives. They include general administrative duties that need to be carried out virtually with all organisations.

Below are as follows:

1.Planning

2.Organising

3.Staffing

4.Leading

5.Controlling

Planning:

---Helps a firm to decide the future course of action.

-Defined as the process by which managers determine the mission and objectives of the firm and decide the necessary steps to achieve the desired goals.

--Various types of plan- plan for overall purpose & objectives or specific action.

- Needed to determine future trends in business & incorporate change & innovation from time to time.

Organising

- The process of assigning tasks & allocating resources to individuals to accomplish goals.

-It's processed to determine:

--which tasks are performed

-how tasks can be best combined with specific jobs

-how jobs can be grouped into different units.

-authority & reporting relationship in the corporate hierarchy

Staffing:

 ---- Can be referred to as human resource management and filling of various positions in the organisational hierarchy.

-Activities involve:

 - workforce requirements

-assess no: of people in an organisation

-recruit ,select,train,place them

-deals with compensation, performance appraisal, promotion &career planning.

Leading:

-its the function of influencing, motivating,&directing people towards the achievement of organisational goals

-Affecting &inspiring team members to perform well & achieve corporate objectives

It involves:

--communicating with others

---leadership styles & approach es

-motivating people to achieve goals

-its an act of making things happen through others

Controlling:

-defined as continuous measurement &analysis of actual operations against established industry standards developed during planning process & corrections of deviations 

- The basic process involves:

-compare performance with standards

-determine where negative deviations occur

----develop remedial measures to correct deviations.

read less
Comments
Dislike Bookmark

Answered on 20/07/2018 Tuition/MBA Tuition

Kousiki C.

Professor

Full form of MBA is Masters in Business Administrastion . It is a post graduate course and now a days it has a tremendous craze among the peoples and in all the companies in this world. Any person except fine arts can study this course. So take preparation for entrance tests and get the seat. Good luck... read more

Full form of MBA is Masters in Business Administrastion . It is a post graduate course and now a days it has a tremendous craze among the peoples and  in all the companies in this world. Any person except fine arts can study this course. So take preparation for entrance tests and get the seat. Good luck !!

read less
Answers 12 Comments
Dislike Bookmark

Looking for MBA Tuition

Find best MBA Tuition in your locality on UrbanPro.

FIND NOW

Answered on 19/06/2018 Tuition Tuition/MBA Tuition

Rijula D.

It depends on your environment, city and interest. It is very unlikely. There are some management quota seats. But not in every University. You will try these seats..
Answers 7 Comments
Dislike Bookmark

Lesson Posted on 01/02/2018 Tuition/MBA Tuition Tuition/BBA Tuition Functional Training/Business Analysis Training

People Preparing For Case Discussion Or Guesstimate Can Go Through This Crucial Point

Sujoy D.

1. Strong concept building classes. 2. Weekly tests in weak areas for students to improve their confidence. 3....

The focus of this session is to bring to your notice case solving skills so that you can incorporate them from the very start of your preparation. The following are the skills which would be explained further: 1. Asking Preliminary Questions. 2. Having and Conveying an Overall Strategy & Sub-Strategies. 3.... read more

The focus of this session is to bring to your notice case solving skills so that you can incorporate them from the very start of your preparation.

The following are the skills which would be explained further:

1. Asking Preliminary Questions.

2. Having and Conveying an Overall Strategy & Sub-Strategies.

3. Problem Isolation Tools:

  • Segmentation.

  • Company Specific or Industry wide issue.

  • Hypothesis driven approach.

4. Improving Drill Speed (If there are 4 possible causes to a problem, knowing how to assign priority to the investigation process to reach the solution faster).

  • Using the 80/20 rule.

  • Benchmarking with competition.

  • Using Business insights.

1. Asking Preliminary Questions: You’re given a problem statement like “Client ABC which is part of the X industry has lost 20%  profits, please suggest recommendations to turnaround the problem”. The next thing to do is ask some preliminary questions. This is the most underestimated part of the case interview. Its importance cannot be stressed enough.

Preliminary questions help you to scope out the problem, setting the boundary walls in which analysis needs to be done. It also enables you to get a ‘look and feel’ of your client’s company. At the same time it communicates to the interviewer that you're thinking of the different angles to the problems and are checking what needs to be done. Here are different types of preliminary  questions to ask:

i) Clarifying the objectives: In standard profitability cases, usually, there is little ambiguity like "Our client is an electronics manufacturing company. You are hired to find out why our profits in the mobile division have decreased by 20% in the last year". However there are ambiguous questions also for example, "Our client is an electronics manufacturing company with a sales stagnation issue in its mobile division. Find out what is happening". There are several ambiguities here. Sales could mean revenues or #units sold. You don’t know what  are the different divisions of the company and if the mobile division’s sales can be treated and  analysed independently. You’re not sure of why stagnation of profits is even a problem, because at  the end of the day the company is still profitable. These can be good questions to ask:

  • What are the different divisions of the company?

  • Do I have to look at stagnation in the mobile division only?

  • How much were our sales growing by earlier, since when has there been stagnation?

  • Why is stagnation of sales even a problem?(Did the company expect them to keep growing, why didit have this expectation.)

  • By sales do you mean revenue or #units sold?

A typical market entry case statement looks like this, "Our client is X company and they are wondering if they should enter the Y market? This is a very ambiguous question. The problem here is that the decision to enter Y market can be based on different reasons such as:

  • Client’s ability to capture a market share target in the first year.

  • Client’s ability to achieve a profit target in the first two years.

  • Strategic reasons (long term profit); Example- Amazon entered the e-reading market through Kindle even though it was a zero profit venture. The price of Kindle was so low that they were just breaking even. The strategic reason for entering the e-reading market was so that they can push sales of their digital books.

A good clarifying question to ask to find out what an interesting market means according to the client is:

a) “What metric should we use to decide if we should enter the market or not?”

b) “Is there any reason why the company is considering market Y in particular?”

ii) Understanding Client’s company:

1. Product

2. Geography

3. Value chain

This is a simple value chain:
Production --> Distribution --> Retailing
It is useful to know upfront which part of the value chain the company operates in as it better helps you figure out what the company can control and what it can’t. Together-product, geography and value chain-give you a good ‘look and feel’ of the company, makes it easy for you to visualize the company and puts you in a comfortable spot to analyze the rest of the case.

2. Having and conveying overall strategies: After asking the requisite preliminary questions to understand the problem statement and the  Client’s company, you must proceed by laying out the Overall Strategy to solve the case. Typically, it is simply a breakdown of the case into simpler parts, the analysis of which will help you  give direction to the subsequent parts you are tackling and eventually to the final recommendations.

Example : Let’s say there is a market entry case about introducing a luxury car in the Indian market. After asking the requisite preliminary questions, you can state your overall strategy as follows: “First, I will estimate the potential profits that can be made in the Indian market for the Car. After establishing that this will be a sufficiently profitable venture for Company, I will find out the feasibility of setting up the entire value chain. Finally, we can discuss the potential challenges after which I will give my final recommendation to the client.”

3. Problem Isolation tools:

i) Segmentation: Segmentation is breaking a problem into smaller, simpler parts.
Example: Narrowing down the broad problem of “Revenues guitar sales is down by 10%” to a  specific problem of “sales having declined of the electric guitar segment due to a production issue”. Segmentation can be done in different MECE (Mutually Exclusive & Comprehensively Exhaustive) ways:

  • Geography.

  • Value chain.

  • Product parameter: (Color, Price, Size).

  • Distribution channels.

Segmentation should be such that:

a) Segmentation is Simple: We will explain this through an example. Let’s say for a particular case, we want to segment the  fuel transportation cost of trucks. This is the complicated way of segmenting all at once.

Transport Cost= (#Trucks) x (#Trips per Truck) x (Distance travelled per trip)/ (Avg. mileage) x (Cost of fuel)

While the above segmentation is correct, here is a simpler way of doing the same segmentation,

Transport Cost= (#Trucks) x (Cost per Truck)

= (#Trucks) x (#Trips per Truck) x (Cost per Trip)
= (#Trucks) x (#Trips per Truck) x (Fuel per Trip) x (Cost of fuel)
= (#Trucks) x (#Trips per Truck) x (Distance travelled per trip)/ (Avg. mileage) x (Cost of fuel)

b) Segmentation is Reasonable: When segmenting why Guitar Sales are down, unless there is sound  logic it would not be reasonable to segment guitar sales by gender of customers.

c) Information of component parts is easily obtainable It’s better to break down monthly revenue of a coffee shop as,

Monthly revenue= (#Transactions in a month) x (Spend per transaction); instead of

Monthly revenue= (#Unique Customers per month) x (#Transaction per customer) x (Spend per Transaction)

Since it’s difficult to keep track of #Unique Customers but easier to keep track of #Transactions and Spend per transaction. Unless knowing #Unique Customers is crucial to your analysis avoid segmenting that way. Also notice that the former segmentation is ‘Simpler’ than the latter. How to use Segmentation? Ask “What has changed” within the segments.

Candidates when segmenting often lose track of why they are segmenting. Suppose if profits have changed (reduced), then something somewhere has gone wrong or changed to cause the change in profits. By segmenting we are trying to get at what specifically has "changed". So it’s important to  not only segment but also ask "What has changed?".

For example: Let’s say profit margins (Profit margin = Profit/Revenue) for guitar sales has gone down and we know there are two channels for distribution, Company owned stores and third-party stores. Since overall profit margin will depend on profit margins of each channel as well as the revenue split across both channels.

Think about this, it’s not enough to know the current profit margin and split in revenues of each segment. You need to ask if the profit margin for each segment has "changed" or if the revenue split has "changed" to identify what is causing the problem.

ii) Company Specific or Industry Wide issue:

4. Improving Drill Speed:

i) Using the 80/20 rule: The 80/20 rule here signifies analyzing the branch responsible for 80% of the problem first and then analyzing the branch responsible for 20% of the problem.

In short, analyze the more important things first. You need to know the weights of sub-parts to a
problem and choose which sub part to analyze first. Let’s say costs are up by 50%. You need to find out why. You know that 60% of the cost is Raw-Materials and 40% is Manufacturing cost. If both costs have gone up by 50%, you should begin by analyzing why raw material cost has gone up rather than manufacturing cost since that is the bigger chunk of the problem.

ii) Competitor benchmarking: Benchmarking different metrics with respect to competitors better helps distinguish where we are lagging behind industry. Let’s say the reason why we are losing market share to competitors is because of a higher price of our product which in turn is because of a higher cost of our product.

Let’s say cost comprises of manufacturing, distribution and marketing related costs. Now it’s useful to benchmark each of these costs with respect to competitors to get a sense of where we are lagging behind industry. If our distribution cost is twice as much as industry but production and marketing costs are almost the same, then distribution cost should be analyzed further even if on an absolute scale our production & marketing costs are greater than distribution costs.

iii) Business Insights: Sometimes business insights can help you gauge which branch to drill first. This should be used carefully since your assumptions of the business may lead you to assign a wrong priority of drilling. It’s important to use this in conjunction with the previous two ways of drilling effectively. There could be several parameters which could be compared with competition for this:

Customer Characteristics:

i. Customer segments (age group, gender, income, geography, type of requirement) targeted.

ii. Product Characteristics:

  • Laptop price

  • Specifications-battery life, hard disk, RAM, graphics, monitor size, etc.

  • After sales services, complimentary products

iii. Brand image.

iv. Sales and Marketing:

  • No. of Retail outlets, location of outlets, visibility in stores, sales representatives.

  • Discounts & offers.

  • Online marketing.

read less
Comments
Dislike Bookmark

Lesson Posted on 23/01/2018 Tuition/BTech Tuition/(Dc- Ac) Direct Current-Alternatiing Current System Interaction Tuition/MBA Tuition Tuition/BBA Tuition

Economics: A Multi Tasking Tool Set In Any Form Of Business With Profit Or Cba Score

Velmurugan K S

I am a associate professor in economics & director of a pg center( autonomous). I have rich teaching...

Economics is age-old subject started in Greek or Roman era 15th or 16-century b.c. It was defined initially as money or money making as early mercantilist said or beneficial gold or silver as latter mercantilists opined, or even as trade surplus as exports in late years Economics became the Study of... read more

Economics is age-old subject started in Greek or Roman era 15th or 16-century b.c. It was defined initially as money or money making as early mercantilist said or beneficial gold or silver as latter mercantilists opined, or even as trade surplus as exports in late years

Economics became the Study of State or Statism under the physiocrats regime late 17th-century or early 18th-century government producing all good & services to humans was leading economics thought.

In 1776 though Adam Smith was the first father of Economics who defined it as  "Science of Wealth ". Then came in the 19th century two brilliant economist who defined it as a study of human welfare in the ordinary business of life. It is one side pursuit of material welfare. On the other side, it is a study of acquirement of material requisites of well being (called nonmaterial welfare).

 With the turn of the late 19th century, we have the most scientific explanation " Economics is a study of human being, as a choice between ends & scarce means which have alternative uses (choice making or scarcity)."

With the advent of modern era 1990s & year 2000, further Economics became further crystalized into newer forms like "Economics as choice making or alternative cost like Revenue - Costs Direct & indirect ones + imputed costs, which will be real net revenues spread across time as well as intertemporally. Across different projects, different strategies (politics, management, business, and government, etc.).

This is where economics became a dynamic area of profit making & policy-making across material and nonmaterial pursuits in a modern age economies. It is here it became a basic tool in deciding different courses action or losses, across different consumers, producers, distributors, and marketing too. Quite naturally top business schools & academic across the globe recognize this toolbox discipline and their newer courses recognize as a basic paper in different general courses like M.A, M.B.A, as well as in technical course like B.Tech or in Cost Accountancy /pure business models. Thus the Key point is Economics, becoming quantitative is more application-oriented subject, among the Liberal Arts & Humanities.

In other words, Economics appears to be simplistic two variable but in reality, it encompasses multi as well as multiple variables in dynamic & in futuristic projections of physical and meta psychical ones in real life settings. In this sense " Economics is what we do & also what we don't do. "

read less
Comments
Dislike Bookmark

Lesson Posted on 24/01/2018 Tuition/MBA Tuition Exam Coaching/UGC NET Exam Coaching

Is Economics Only Dy/Dx Or A Difference Equation Or Something More That Require In Depth Anaysis?

Velmurugan K S

I am a associate professor in economics & director of a pg center( autonomous). I have rich teaching...

Basic Econmics Thinking: II Economics underwent dramatic changes in 1920's & 1930's. Economics became more analytical & quantitative with the advent of Micro & Macroeconomics, with well developed theoretical constructs. Be it perfect competition or isoquants analysis or production functions... read more

Basic Econmics Thinking: II

Economics underwent dramatic changes in 1920's & 1930's. Economics became more analytical & quantitative with the advent of Micro & Macroeconomics, with well developed theoretical constructs. Be it perfect competition or isoquants analysis or production functions from simple two variables to multiple variables involving the introduction of day/dx, dy2/dx2, partial variables of 1st order to 4th order and so on. With multi-variables linear as in linear programming, non linear programming, simplex method, to multivariate analyses, advanced techniques like CPM or queuing theory as well as sociometric techniques like sensitivity to simulation techniques, applied to human individual or group behaviour, which is interpersonal as well as intrapersonal behaviour, which requires individual dovetailed standard techniques collection of data, repeat observation, and deep reflection after participant observation approach .In Economics, there is no blind rule of thumb approach or established theory. Each observed unit in Applied Economics needs strong datum support to revise or support a new idea or theory. Economics variables are behavioral & therefore the challenge for any serious economic practitioner, be it a firm, industry or even a government of a country.

read less
Comments
Dislike Bookmark

Lesson Posted on 03/01/2018 Tuition/MBA Tuition Financial Planning/Stock Market Investment Financial Planning/Stock Market Trading +1 Financial Planning/Stock Market Investment/Technical Analysis less

Bollinger Bands

Rakesh Bhaskar

Bollinger Bands: A band plotted two standard deviations away from a 21 Day moving average. The Band widens during volatile markets and contract during consolidation Phase. The nearer the prices travel to the upper band, the more overbought the market/security. The nearer the prices progress to... read more

Bollinger Bands:

  • A band plotted two standard deviations away from a 21 Day moving average.
  • The Band widens during volatile markets and contract during consolidation Phase.
  • The nearer the prices travel to the upper band, the more overbought the market/security.
  • The nearer the prices progress to the lower band, the more oversold the market/security.
read less
Comments
Dislike Bookmark

Lesson Posted on 03/01/2018 Financial Planning/Stock Market Investment Financial Planning/Stock Market Trading Tuition/MBA Tuition +1 Financial Planning/Stock Market Investment/Fundamental Analysis less

Stock Market

Rakesh Bhaskar

A share of stock is the smallest unit of ownership in a company. If you own a share of a company's stock, you considered as the part owner of the company. Stock investors called shareholders or stockholders make money when the stock increases in value or when the company the issued the stock pays dividends,... read more

A share of stock is the smallest unit of ownership in a company. If you own a share of a company's stock, you considered as the part owner of the company. Stock investors called shareholders or stockholders make money when the stock increases in value or when the company the issued the stock pays dividends, or a portion of its profits, to its shareholders.

i. Stock Market Trading:

Stock market trading consists of buying and selling of company stocks and as well as stock  derivatives.  This  type  of  trading  usually  takes  place  in  a  stock  exchange,  in  which companies need to be listed in order for their shares to be bought and sold. This trading market provides with substantial earnings potential and is one among the most popular investment options.

ii. Buying and Selling Stock:

To buy or sell a stock you usually have to go through a broker. Generally the more guidance you want from your broker the higher the broker’s fee. Some brokers usually called full-service brokers provide a range of service beyond filling buy and sell orders for clients such as researching investments and helping you develop long and short-term investment goals.

Online Trading is the cheapest way to trade stocks. Online brokerage firms offer substantial discounts while giving you fast access to your accounts through their Web Sites. Most of today’s leading full-service and discount brokerage firm make online trading available to their customers.  Online trading is an extremely cost-effective option for independent investors with a solid strategy who are willing to undertake their own research.

iii. Benefits:

  1. It promotes economic growth.
  2. It helps companies raise capital and handle financial issues.
  3. It ensures that money is invested in businesses to enhance profit potential.
  4. It helps investors realize substantial profits.

iv. Drawbacks:

1.The short selling of stocks is hard, because stock prices do not appreciate significantly in a short span of time. Accordingly, there is a wait period before you can book healthy profits.

2.It is traded for limited hours in a day.

read less
Comments
Dislike Bookmark

Looking for MBA Tuition

Find best MBA Tuition in your locality on UrbanPro.

FIND NOW

About UrbanPro

UrbanPro.com helps you to connect with the best MBA Tuition in India. Post Your Requirement today and get connected.

Overview

Questions 15

Lessons 83

Total Shares  

+ Follow 11,983 Followers

Top Contributors

Connect with Expert Tutors & Institutes for MBA Tuition

x

Ask a Question

Please enter your Question

Please select a Tag

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 25 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 6.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more