By 2027, companies predict that 44 per cent of their workforce’s core skills will be compromised as technology advances faster than companies can design and scale training programs. Six out of 10 workers will need training by 2027, but the report suggests only half of workers currently have access to adequate training opportunities.
However, businesses recognise the need to upskill and reskill their workforces, with 82% planning to invest in on-the-job learning and training.
Considering this trend, companies will seek employees who are familiar with AI concepts and methodologies and can apply their knowledge and skills to workplace management. There are multiple PGDM and diploma courses in India and abroad that are being offered by institutes and management colleges for building the New India.
Professor Sanjiva Shankar Dubey Dean (Academics) and Chairperson Centre for Online Studies -COOLS Birla Institute of Management Technology (BIMTECH) has shared some insights on why high-demand skill sets in PGDM programmes for new India.
POST GRADUATE DIPLOMA IN MANAGEMENT
These programs represent a fusion of academic diversity, with students from various backgrounds: 39 per cent from Commerce, 18 per cent from Engineering, 30 per cent from Management, 7 per cent from Science, 8 per cent from Humanities, and an additional 8 per cent from various other disciplines. This diversity fosters a dynamic learning environment, encouraging cross-disciplinary collaboration and the exchange of ideas.
The dual specialisation programmes offer students a comprehensive blend of Functional Specialisation and Industry Specialisation, nurturing a well-rounded and adaptable skill set.
Functional Specialisation explores areas such as Marketing, Finance, HR, Strategy and Consulting, and Operations, providing an in-depth understanding of the chosen field.
PGDM: POST GRADUATE DIPLOMA IN MANAGEMENT- INTERNATIONAL BUSINESS
This program provides extensive opportunities for international business across sectors such as Financial Services, Pharmaceuticals, Automobiles, IT, and Electronics. With a dual specialisation focus, students explore Functional Specialisation areas, including Marketing, Finance, Operations, Decision-Making, and Strategy and Consulting. Industry Specialisation modules cover BFSI/IT-ITeS, Business Analytics, and Digital Business, ensuring graduates develop a versatile skill set for success in the global business arena.
Observations for these programmes indicate a diverse student composition, with 33 per cent from Commerce, 13 percent from Engineering, 24 per cent from Management, 14 per cent from Science, 6 per cent from Humanities, and 10 per cent from various other disciplines.
PGDM: POST GRADUATE DIPLOMA IN MANAGEMENT-INSURANCE BUSINESS MANAGEMENT
Several institutes offer a 2-year residential/online diploma program that aligns with industry standards, providing valuable exposure through joint certifications such as those with Swiss Re and the Risk Insurance Management Society-USA. Additionally, strategic partnerships, including the MoU with Swiss Re and the “PG Plus” Programme with CII-UK, coupled with academic collaboration with the Institute of Risk Management (UK) India Affiliate, contribute to a globally oriented educational approach.
Courtesy : IndianToday