SRM University (SRMUH) 
Most of the blogs you find crowding the internet talk about soft skills that MBA graduates need to polish. Here, we will keep our discussion strictly attuned to the Technical Skills expected from a management professional.
These are the skills that MBA professionals need to work on, besides honing their soft skills, to survive the dynamic business world.
SRM University, Sonepat is one of the top management colleges in Delhi NCR. And, the blog is being written after talking to some of the students from this and other top academic institutions.
Let us mention the technical skills an MBA should possess and discuss them a little without unnecessarily stretching the introductory part.
Data Analysis
In the domain of business and trade, it is now important to make data-driven decisions. MBA graduates must strive hard to acquire data analytical capabilities to flourish in their careers. Tools like Excel, SQL, and data visualization software are frequently used by business professionals. Without knowledge of data analysis, how can one effectively carry out performance evaluations of departments, projects, and human resources? For strategic planning also, it is crucial to possess data analytical skills.
Financial Management
MBA professionals need to handle finances and take control of the budget aspects of any organization they work for. They always keep a deep understanding of financial principles and are expected to conduct financial statement analysis as a part of their job. Strategic resource allocation and financial planning are always major parts of MBA job responsibilities. They are to make investment decisions based on their analytical assessment of finances.
Market Research
MBA enthusiasts cannot turn their faces away from the importance of honing their market research abilities. Deeper insights into the market will help them to make informed decisions that can propel the growth of their organizations. Strategic planning for business management cannot be done without conducting thorough market research. Interpreting the market data, spotting market scopes, doing market segmentation, assessing market viability, and identifying the market trends are crucial to surviving the cut-throat competition.
Strategic Thinking
Strategic thinking is an essential technical skill for MBA professionals to develop. They are of no use to an organization if their strategies do not meet the business goals and address concerns successfully. Ask the MBA students from any top management colleges in Delhi NCR or anywhere. It is their core competency, and few find immense success, and others do not depend on this sole factor mainly. Navigating modern-day dynamic business challenges and grabbing opportunities to outsmart others with limited resources is a game changer for MBA professionals.
Information Technology
MBA professionals need to work with an ocean of data. In this data-driven era of technology, surviving the highly competitive world of trade and business is only possible with IT proficiency. Ever-changing emerging IT systems and enterprise tools give MBA professionals a competitive edge through ease and efficiency of operation. Ignore polishing your tech aptitude only to regret it later in hi-tech modern business spheres.
Project Management Skills
MBA professionals are responsible for project planning, execution, and handling risk management as part of their core job responsibilities. They need it to handle everything from resource allocation to cross-functional collaboration, taking strategic initiatives, and managing and ensuring quality control all through the project life cycle. An MBA graduate with questionable project management skills is a laughing stock. As simple as it is!
Business Development
A master’s degree holder in Business Administration will have to have exceptional business skills. Most MBA professionals must harbor a deeper knowledge of sales strategies, customer relationship management, networking, product & service innovation, strategic partnerships and collaboration, business expansion tactics, and customer acquisition.
Operations Management
MBA professionals should have a good understanding of supply chain management, logistics, and process optimization. These are instrumental in reducing costs and boosting efficiency. A holistic knowledge of business and its related aspects is essential for MBA personnel to thrive in their career. It facilitates risk management and making strategic decisions.
These are the top-notch technical skills that the top management colleges in Delhi NCR or anywhere would admit straightforwardly.
Top Management Colleges in Delhi NCR at SRM University Sonepat
The faculty fraternity here is equipped and trained to offer world-class education with great practical insights through their industry expertise.
The study helps students increase their career opportunities in a diverse field and successfully educates them to deal with business hassles.
Students graduating every year from this university get to explore all these career opportunities based on their preferences.
