Five education destinations to check out in 2017

The next decade will see a transformation of career choices and global workplace practices. Students gearing up for this transformation are looking for courses which can ‘give you more’ across a range of non-traditional education destinations. Tushar Sharma, who chose to study Software Engineering at Athlone Institute of Technology, Ireland, says “I found my undergraduate and postgraduate studies at AIT to be industry-driven, providing me with the necessary skills to pursue a rewarding career in the software industry.” He has completed his journey from being a student in New Delhi to being a part of the global workplace, working for Hewlett Packard in Dublin, Ireland.

Ireland:

Ireland has emerged as one of the new education destinations popular with students looking for courses from Computer Science, Cloud Computing, Data Analytics, PharmaMBA, Business Management, Biotechnology, Biomedical and general sciences. Student enrollments into Irish institutions have gone up by over 200 per cent in the last three years with over 2,000 Indian students currently studying there. This is not surprising considering that students have lucrative post-study options at leading companies such as Google, Facebook, Twitter, Apple, Abbott, Allianz and Ericsson which have their European or EMEA HQ in Ireland. With the one year stay-back option, students can seek jobs in over a 1,000 multinationals based in Ireland.

France:

Similarly, other European countries like France and Germany are becoming the first preference for students who want to explore education through paths not so commonly taken. Eisha Mathani, who wants to pursue a course in Luxury Branding says, “France (as an education destination) is the first choice for me. There seems to be no other country that knows the world of luxury as much as France does and the location only makes it better”. With a large number of scholarships, world-ranked institutions and comparatively lower tuition fees, France now has over 4,000 Indian students studying across its institutions. According to the new scheme agreed upon during PM Modi’s visit to France, Indian students will now have a stay-back option for 24 months on the completion of their course.

Germany:

Colleges and universities in Germany have always enjoyed an excellent reputation for post graduate courses in Engineering and for their research and innovation. With over 10,000 students going from India to Germany each year, the numbers are expected to grow even further primarily due to two factors – one, Germany’s advancement as a hub for scientific research in the world, and two, students no longer need to have the knowledge of, or be proficient in the German language. Students who complete their higher education in Germany can apply for an 18-month visa which helps them seek employment with international and German companies.

New Zealand:

At the other end of the spectrum, New Zealand has seen a tremendous growth of Indian students with almost 30,000 students pursuing their studies in the non-university tertiary sector or the ‘Institutes of Technology and Polytechnics’ (ITPs). Traditionally associated with Hospitality courses and specialised programs in sports – from medicine to marketing, New Zealand has emerged as a destination for science and technology as well. Students can choose from universities and the ITPs for their courses, apply for scholarships and even avail a post-study work visa for 12 months on the completion of their course.

West Indies:

Students looking for niche or highly-specialised programs can opt for institutions or destinations focussed on these courses, such as studying Medicine at St. George’s University (SGU)Gernada, West Indies. Specialising in just three areas of medicine – MBBS, Veterinary Medicine and Public Health, SGU has enrolled more than 90 medical aspirants and Indian students into their programmes in the past couple of years. Students who complete their course may get a visa to stay back for up to one year based on the discretion of the visa officer. Students gain their clinical training in countries like the US, the UK and Canada and usually find themselves placed well on the completion of their programmes.

LUXURY TOPS AS THE EMERGING MBA SPECIALIZATION WORLDWIDE!

MANAGEMENT MASTERS

Pratibha Jain, overseas education consultant, profiles emerging specialisations offered by business schools across the globe

While experts continue to debate whether management education has lost its sheen, B-schools across the globe are striving hard to retain the relevance of a management degree in a dynamic market scenario. This has led to a rise in a number of new-age MBA specialisations. Here are a few niche areas that students can consider:

1)  LUXURY BRAND MARKETING AND MANAGEMENT

A rise in the urban elite class has opened up a clientele for luxury merchandise and services ranging from designer dresses, bags, handmade jewellery, watches, accessories and custom cars to premium vacation resorts and exotic real estate apartments. Creating an aura of exclusivity, prestige and social status around a product is a specialised and complex science. Luxury brand management, as an interdisciplinary subject, helps students understand the value associated with a brand and set a specific marketing plan for the product. Client association is an integral part of this field to keep the brand popular while retaining its exclusivity. A strong business management background, coupled with functional marketing practices, is essential for those who wish to make a career in this field. A luxury brand manager learns to constantly redefine luxury contours keeping in mind changing times, perceptions and tastes of the public. Students may opt for an MBA or a PG specialisation in European countries like the UK, France and Italy which are home to some of the best luxury brands. Essec and HEC in France, International University of Monaco in Italy, Regents and Southampton University in the UK, and Columbia and NYU in the US also offer courses in luxury and brand marketing and management.

2) SPORTS MANAGEMENT

With a growing television audience for all kinds of games, sports is now a US$ 200 billion industry annually. A career in sports management is for students with core business and management

skills. The course modules focus on international sports governance, managing sports technology and innovation, business, finance and law. Aspirants can apply to universities in Australia, Europe and US. There are a number of sports management programmes at the University of Loughborough and Coventry in the UK, University of Alberta in Canada, IE in Spain, the University of Western Australia, La Trobe and Griffith in Australia, as well as the University of Virginia and the University of Massachusetts in the US.

3) LOGISTICS AND SUPPLY CHAIN MANAGEMENT

A large consumer market with mega malls and multiple outlets of the same retail chains has created a demand for products from different regions under one roof. A career in logistics and supply chain management is for students with strong management skills. A course in this field will train students in logistics, that is, managing

transport, air freight, couriers and shipping, managing retail stores, etc. Qualified professionals can work with organisations with a need for co-ordination of resources like the real estate sector, hostels, hospitals, catering firms, transport management and large international trading houses, etc.

The logistics specialisation is offered by most B-schools such as Cranfield, Warwick and Aston in the UK, Rotterdam School of Management, HEC and INSEAD in continental Europe, and Purdue, Arizona State, Michigan State in the US.

4) MUSIC MANAGEMENT

Students who wish to build a career in music management must have a fair knowledge of music production, sound engineering electronic production management and emarketing. A Master’s in music business management trains students in key business areas like finance, marketing, leadership, organisational management and entrepreneurship with special application to the music industry like knowledge of intellectual property and copyright laws, and a focus on the live music industry and revenue through digital content. The University of Westminster in the UK, Berklee College of Music, NYU, and University of South Florida in US offer music management courses.

Since most B-schools look for students with work experience, freshers should work in their field of interest for a short time before making the final decision. This will help them understand the way the industry functions as well as gauge their individual longterm interests.

Publication: The Times Of India Delhi; Date: Mar 24, 2014; Section: Education Times; Page: 37

Luxury Connect Business School (#LCBS) offers specialized programs in #Luxury management in collaboration with International University of Monaco (#IUM) .

When are you ENROLLING?

For more details contact us at +91 9811103268 or visit us at http://www.lcbs.edu.in.

Are you thinking about a specialized MBA? Here is why you should go for it

The fashion industry is fast becoming one of the biggest industries that are generating billions in profits every year. The growing market has also increased the demand for well qualified, smart, business brains who can manage the scenes better. In the past few years, the fashion industry has become significantly sleek and much more professionalized with the markets and brands going global.

This very acceleration has increased the demand for courses such as Fashion Garment Management, Luxury Program, etc. However, there is a huge talent gap as the number of qualified professionals is relatively less. To fill-in the gap, Luxury Connect Business School has introduced programs in luxury and fashion management.

Luxury Connect Business School offers a wonderful opportunity to all the individuals who imagine themselves working in the world of luxury. The programs help candidates to learn and understand fine, distinctive products and give them ample experiences and exposure to manage them. These MBA programs help the participants become inspired managers and marketers with great skills to survive the highly competitive fields of luxury fashion, cosmetics, hospitality, jewellery, gastronomy, beauty, or art.

Benefits of the courses

These specialized management programs will benefit perspective aspirants in more than one ways. First, these programs help the candidates gain ample exposure and then they will prepare them to approach luxury goods and services from different points of view: innovative, organizational, and managerial. With this knowledge, the candidate will be able to examine and evaluate marketing, branding, and communication required for unique markets.

These specialized courses will let the students explore how to create and manage elegant products and heightened experiences that are purchased by some exclusive customers. The candidates can learn about them while remaining sensitive to cultural factors surrounding the concept of luxury.

The candidate will be able to learn to build innovative branding strategies and they will be given enough knowledge to build their concept and to carry out the execution. For instance, the will learn that rough diamonds need to be cut, polished and made into extinguishing pieces to acquire their full value.

Towards the end of the course the candidate will be gain enough knowledge to develop their own personal analytical approach and their own language of expression. During the course of the educational path that combines both theory and practice, the individual will engage in a rewarding, collaborative dialogue with bigwigs of the industry.

Luxury Connect Business School is the first ever B-School in India that is offering such specialized MBA in luxury, fashion and lifestyle management. These programs are perfect for those who wish to make their careers in the most flourishing industry in the country. With LCBS’s programs, candidates can reach the pinnacle in their desired industries. So here is to call to all the MBA aspirants who wish to make exciting careers. Apply for 2017 intake and make the best choice of your career.