HIGHEST PAYING MBA Specialisation: Marketing vs Finance vs HR #Finance

Hi Guys, Welcome back to the channel TheIIMGuy Today I want to tell 2-3 things in this CashNews.co it is very important thing No.1, I had become inconsistent for many months I was not uploading CashNews.cos on time. I am telling you that I will put CashNews.cos consistently today I am

telling you 100% from now on I am going to put CashNews.cos very consistently And Whatever I put will have an aim to add value to you Today’s CashNews.co should add value to you so that you can decide that what you have to do when you go to B-school Marketing,

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance, HR Ok or Operations. we will be able to decide all the things well Means what is your inherent personality, what kind of work do you like Through this CashNews.co you will be able to

know Second thing, you guys have made me a small influencer of youtuber MBA of this level. That’s why from today I want to give back to you all I actually, have had amazing life in the last 2 years just because of you people just because of YouTube that’s why from now onwards I will try

to add value I am going to give up my corporate responsibilities soon And so, from now on I will try to add a lot of value to you with my CashNews.cos whether people watch or not whether analytics etc. all go But whoever comes and watch it will get some value Ok Friends, now MBA is going to start

if you are going to go to MBA college or you want to do MBA sometime then MBA has 4-5 specializations, ok Everybody knows something, asking everything What is it? No.1 is Marketing, No.2 is none;">Finance, No.3 is HR, No.4 is Operations that’s 4 only There is a consulting, but it is not a specialization My dear friends, Consulting is not a specialization everyone can do consulting consulting is a sector it is not a specialization, ok What is the meaning of sector, friends

this is the first thing I want to tell you There is a sector Sector means in which area, in which sector the company is focusing, ok Means if it is HDFC Bank then it is in banking sector but it is not necessary that it give only bold; color: #1a73e8; text-decoration: none;">Finance role someone will also do sales in HDFC Bank, Some will do HR, some will do Finance, some will do

marketing, some will do operations you understand my point Bank has become a sector HDFC Bank is in the banking sector now someone will say that I work in HDFC Bank so, it is necessary that it does the work of text-decoration: none;">Finance only, no Tomorrow if I get a job back in HDFC Bank if I get a job then I will do marketing work, I don’t know Finance very

well. If you are understanding my point then it has become a sector Consulting is a sector Ok now you say that leave the matter of sector sector does not matter much. In which field are you, in which specialization what is that role that is, what is your job as I said, there will be all kinds of

jobs in HDFC Bank. Marketing, Finance, HR, ok This CashNews.co is about which role you should take No.1 is Marketing, my dear friends Who should do marketing See 3 things which are most

important in marketing I will tell you 3 most important things in every specialization which will happen In the marketing, What is the marketing? In marketing also whatever product you are marketing you have to tell a story to the consumer You have to imprint your product in the mind of the

consumer, ok there will be 2-3 types of roles in marketing Like, Sales, Marketing, Digital marketing This will be the main then you have to sell in sales so, you have to sell in sales then what will be the use of sales in that? Negotiation skills, Communication skills, Communication skills are

there in all roles but negotiation skills will be useful in this you will get targets in this if you get sales role So, my dear friend, you will get target there will be targets I want to sell 10,000 packets of Maggie in January however, you have to sell it however, you sell it is up to you. Just

to sell 10,000 Maggie packets, ok So those who mean my work when do I come to office, don’t come, when, how, I work with my team they should take sales. Ok Who should do marketing there is a difference between sales and marketing marketing should be done by those who like story telling There

will be targets in marketing too that this is the application we have to bring reach around 10,000 impressions every month on this application Means 10,000 people see this app at least download it or not, that is fine but they should see it then how will you market it? So, the one who likes

storytelling the target will be complete in marketing but the one who is storytelling, who is creative, ok The one who understands the pulse of the consumer should do marketing, ok digital marketing means a little digitally same thing just like marketing But the one who has understanding of digital

platforms YouTube, Instagram, Website, SEO who has understanding of this should do digital marketing this happened about marketing So, what skills will be useful in this, as I said you will have to set targets, you will have to manage the team, Negotiation skills, Communication skills, Story

telling if you want to do this then you can do marketing. Friends, we are back to talk about the MBA course of PW CAT preparation and MBA exam preparation See the rate has come down again 5499 you are going to get MBA Elite 2023 course for Rs 5499 you will not get a great chance for preparation of

MBA exam That means if there is any course cheaper than this then tell me after vishwas diwas this offer has become better means earlier its price was high, now it has come down. Just because of vishwas diwas And in this you will also get 500 wallets points so, you can involve the link is in the

description box and you can use my code AJ500. The second one is Finance Ok Guys, none;">Finance See who should do the Finance I told you in marketing that you have to sell the product or imprint it in the mind of the consumer. It will have targets

there is nothing like this in Finance in Finance

those who like financial frameworks read books for Finance Books are not needed in marketing marks are not needed they are needed in

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance How are you selling the goods some do sales in a different way some do marketing in a different way. As long as the goods are going to the consumer or the goods are imprinted

then there is a good market but in Finance I will create a new Balance Sheet in my own way that follow this Balance Sheet then your company

will be successful not a single CA will sign on that In Finance there is a particular Balance Sheet there is a particular P&L there is a particular

asset, Liabilities all these things. And you have to get it approved CA signs on it Taxes are levied on it you understand my point you have to follow a little structure in text-decoration: none;">Finance Do you know financial concepts can you do this work knowing those concepts that the company can save more tax that the cost can be reduced lower the cost of acquiring or customer, cost of sales, high Revenue, high Profit

they should do Finance One who plays with numbers and then can translate numbers into business who knows the numbers and can translate numbers into business He will be a good

Finance manager if he knows only numbers, then he will become an accountant he will not become one in MBA bold; color: #1a73e8; text-decoration: none;">Finance there are roles above CA. He’s got to know the numbers but he’s got to deal with CEOs every day he’s got to deal with marketers he’s got to save costs How he will save the cost it should be translated into

business and then it has to be executed so, it is the job of the Finance person. Whoever reduces a little, that brother, I do not want a target I will give you the structure

brother, I have less negotiation skills. I don’t want to communicate I want less pressure about target I don’t want to roam and he likes structure He knows Balance Sheets etc. he enjoys reading Balance Sheets he enjoys reading company audit reports,

Balance Sheet reports he should do Finance Ok It happened about text-decoration: none;">Finance What skills will be required in this Number crunching, Knowledge of Finance, core

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance And No.3, how to convert Finance into business it is not that just told that the cost

will be less how it will happen, it should also be executable. Doing this will reduce the cost the CEO will have to execute it you will have to tell the CEO how to execute it HR Friends, the myth of HR is that those who like to deal with people who do HR, no you have to deal with people in every

field Will have to do in marketing, will have to do in operation, will have to do a little bit in Finance too Tomorrow you will become the head of

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance then you will have a team, you will have to manage the team Who should do HR? HR has become a separate function from business that’s why all MBA colleges are making a

separate role of HR See that MBA colleges are making a separate role of HR MBA HR new course PGDM HR new course why are they making it because HR is the only field which is slightly different from MBA. Because all other functions work to make Profit or reduce cost HR’s job is

to make Profit and reduce cost But the main work is to set the culture keeping in mind even an employee’s and set the culture tell the boss that it can be wrong, don’t do it. The special work of HR is this only the actual work of HR is this even if the boss wants that

HR should make the Profit But he would also like that HR should have a great heart At least, HR supports the employees Ok Who should do HR? who is little sympathetic, Those who do not see only Profit-Profit, cost-cost One who understands the

problems of the people To overcome that, create such a culture that people can give performance And then the business manager should be able to maximize Profits and reduce costs do you understand? get my point HR has to create a complete system what does our mother do at home she

creates such an environment that take that son, now you work well I started my YouTube from home my mother helped me a lot in building the above studio that what do you want son, should we fix an air conditioner, it would be hot if the light burns, Upstairs is your studio room on the top floor

Mother old father to get air conditioner installed then father got installed the air conditioner this is the work of HR this is the work of HR Mothers I have always said Mothers are the best HRs Mother is the best HR the work of a mother the work of a housewife is the work of HR the work of a

housewife or mother is the work of the house. not a bad work That is the job of HR Only HR does about business All these people see making Rangoli doing all this all this is employee engagement this is such a work which makes people happy which our mothers do. That there should be such an

atmosphere at home that they go to work and when they come home on holidays or festivals such an atmosphere should be created that they feel like going back to work. this is what an HR do It doesn’t mean boys can’t do HR Male HRs are paid the most Saurabh Govil is the one, you google it

He is passed out from XLRI His last salary was more than 6-7 crores as far as I know, now it must have been 10 crores The boys who have this skill they will know the business then they have sympathy so, it has become double All the HR are most sympathetic But not all HRs can’t keep business

in mind. that have to do this If you merge both then you will become the best HR Well, this is happened about skill of HR Operations I’ll tell you what works in operations Suppose you have ordered an item from Amazon you have received the item so how did the entire item come to you? Right

from the time you placed the order where was the material in the factory in the warehouse How did the logistic bring the goods from that warehouse to the bill payment then how was it wrapped quickly then who brought it from there? Which route did bring it how did it get delivered to you in the

shortest possible time Blinkit, the grocery arrives in 2 minutes Where do I want to set up a store for Blinkit’s grocery? where does man come from which route he will take in how much time will deliver to you This is called last mile delivery last mile operations This is also the highest

paying role of operations Last mile operations Which company gives these roles Flipkart, Amazon, Blinkit all the e-commerce companies If you have interest in this thing if you know how to execute the work in minimum time then it is called operations. There is more value of engineering work in this

because it is to create a complete route create a route in Google Map create a structure that follows and never be late This is more for engineering people In generally, they also prefer operation That’s why you see the engineering colleges NITIE, IIT Bombay, IIT Delhi earlier they used to

invite only engineers. like me could not take admission there Friends, I am talking about MBA This is a conclusion of all specialization If you know some qualities in these then you choose, I am telling you that you will be wrong All four specializations are very different. Even if you are working

in a HDFC bank it is banking Finance sector, but the roles will be like this. Take specialization well and give your best if you enjoy your work then no one can stop you to

perform well. All the best Stay safe and Take care.