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Master of Business Administration will offer you a wealth of advantages by developing your professional skill set. Did you know that according to The Graduate Management Admission Council (GMAC), 86% of MBA students found suitable employment opportunities post-completion of the degree? However, with more students pursuing business management, you need to gain a competitive advantage by opting for a specific area of specialisation. Here are some interesting insights into courses to pursue after MBA. So, let’s dive in.

Key Highlights

  • After MBA which course is best?
  • Best course after MBA Finance
  • After MBA HR which course is best?
  • Best course after MBA marketing
  • Short-term courses after MBA
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After MBA which course is best?

If you want to gain expert knowledge in a specific field and are ready to dedicate 1-3 years post-completion of your MBA, you must decide on the specialisation. You can select the course that suits you the best based on your research-backed plan, previous academic background and future career aspiration.

Here are some interesting courses to consider

  • Doctor of Business Administration

    This study program will give you are renewed, research-oriented and practical outlook. You can gain industry-specific skills to work as a consultant to leading businesses. Also, if you aim to be a professor and develop pedagogical skills, this course is for you.

  • Post Graduate Diploma in Computer Applications

    For students who have a STEM background and intend to build a management career in a related industry, this programme can boost your career. You will learn the latest developments in software applications and programming languages that can open up new dimensions of opportunities in the IT sector.

  • Executive MBA

    As a working professional, you often need to sharpen your management skills to climb up the corporate ladder. Executive MBA is a fantastic choice as you can relate the case studies taught during the course to your work scenarios.

Best course after MBA Finance
Financial management covers expansive knowledge related to macroeconomic factors affecting world economics. It has some interesting subjects, such as financial markets, risk management, portfolio analysis, investment and banking, tax, and capital markets. Depending on your interests, you can choose from various courses.

Some diploma and certification courses to consider after MBA in Finance:

  • Financial Accounting
  • Corporate Finance
  • Financial Risk Management
  • Cost accounting
  • Financial analysis

After MBA HR which course is best?
If you are a people person and have administrative skills, this stream is for you. With MBA, you can find interesting opportunities in human resource domains such as talent acquisition, learning and development, employee engagement, HR compliance and compensation and benefits. You can choose the course based on your career plans.

Some popular study programs to pursue after MBA HR

  • Executive Diploma in Human Resource Management
  • Associate Professional in Talent Development
  • Certified Professional in Learning and Performance
  • Certified course in Talent Management

Best course after MBA marketing

Any organisation’s marketing function involves multiple processes, from acquiring new customers to product development. If strategies to sell products and services, profitability and advertising interest you, you can choose the right specialisation to excel in this field. The decision to select the best course should be based on your previous academic qualification and innate ability.

Some fascinating courses to pursue after MBA in marketing

  • Marketing Management Professional Courses
  • Diploma in Digital Marketing
  • PG Diploma in Capital Marketing Management
  • Certification course in Marketing Analytics

Short-term courses after MBA

In the fast-paced world, many business management aspirants opt for short-term study programs to commence their careers soon after completing their higher education. These programs will be for 6 months to 1 year, depending on the coursework. Generally, diploma, certification, skilling, upskilling and reskilling courses are suitable for pursuing higher education after MBA.

Some interesting short-term courses after MBA

  • Certified Information Systems Auditor (CISA)
  • Certificate Programme in Business Analytics
  • Certification in Risk Management Assurance
  • Diploma in Project Management
  • Diploma in Data Analytics

So, with this information, you can set out on your academic quest. If finance-related worries are keeping you from opting for quality education, you can opt for a loan for education. Education loans to study abroad are a fantastic way to pursue higher studies in your preferred destination. No matter which course you pursue, conventional, non-conventional, skilling, upskilling, reskilling or vocational, Avanse Financial Services will always assist you in your academic journey.
At Avanse Financial Services, we offer hyper-personalised education loans with multiple benefits such as 100% finance, quick sanctions and flexible repayment options. To learn more about student loans, please contact us today!

Why is Canada one of the most sought-after study abroad destinations? Many reasons attract students from all over the world to Canada. Indian students aspire to study in Canada as it offers globally-recognized universities & coursework, an effective education system, immigration friendly policies, a large student community from India and more. If you plan to study in Canada like several other students, here is everything you must know about Guaranteed Investment Certificate (GIC).

Student Direct Stream (SDS)

Before diving into GIC, you must know SDS because if you apply for a study permit under SDS, GIC is mandatory for you. So, what is SDS? SDS is a program available to students from various countries, including India, to apply for a study permit. If you have obtained admission to complete your higher education through a Designated Learning Institution (DLI), you can apply under this scheme. The SDS program is meant to expedite the study permit process. Now that you know about SDS, let’s understand everything about GIC.

What is a Guaranteed Investment Certificate?

GIC is mandatory for students applying under the SDS program. The GIC is an investment that many Canadian banks, including Scotiabank, offer at a fixed rate of return. The Canadian Government needs an assurance that you have enough funds to pay your fees and manage your other living expenses when you stay in Canada. Hence it requires you to have a Guaranteed Investment Certificate of CAD 10,000 or more from any Canadian bank listed on the IRCC SDS website.

How can you open a Guaranteed Investment Certificate account?

You must opt for a Canadian bank listed on the IRCC website. Banks such as Scotiabank and ICICI bank offer a GIC. Also, please bear in mind that the Canadian banks may charge you a service fee to open and maintain the GIC account. So check these details before you open an account.

Steps to open a GIC account:
  1. Visit the website of the respective lender that you have chosen to open your account to create your Guaranteed Investment Certificate account login. Create the account using a secure email ID that will be used for further communication. Fill the online application form and upload all the necessary documents as listed on the respective bank’s website.
  2. You will receive an Investment Account Number and wire transfer details on your email ID that you used while creating the GIC account.
  3. Using these details, you can wire transfer the amount, including the service fee, from your home country to your Guaranteed Investment Certificate account in Canada.
  4. You will receive a confirmation certificate from the bank, which you can use to process your study permit.
  5. Once you arrive in Canada, you will have to complete the documentation and verification process to access the Guaranteed Investment Certificate account. However, some portion of the investment will be converted into a non-redeemable amount that you can withdraw at fixed intervals. For instance, if you have invested CAD 10,000, you can access CAD 2,000, which will be deposited in your personal account. The remaining CAD 8,000 will be non-redeemable for one year. This amount will be released in equal instalments, including the interest accrued, to support your living and other expenses after one year.
Things to remember
  1. The registration, documentation and verification process will slightly vary depending on the bank with GIC facility.
  2. Please visit the bank you have a Guaranteed Investment Certificate account with to complete the verification process to activate your GIC account.
  3. Some important documents you require for verification will include a confirmation letter provided to you after you opened the Guaranteed Investment Certificate account, a valid passport, a letter from your university confirming your admission and study permit.

So, this is what you must know about Guaranteed Investment Certificate if you are planning to study in Canada. If you are wondering how to finance your education while studying abroad, an overseas education loan is the best choice. At Avanse, we offer an educational loan for abroad that covers the holistic cost of education, including tuition fees, accommodation costs, living expenses, airfare, study material cost and other education-related expenses. You can connect with us if you want to know more about an overseas education loan to fund your education independently. All the best!

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