Benefits of Having an MBA or PGDM in Artificial Intelligence

MBA & PGDM in Artificial Intelligence – Overview

An MBA or PGDM in artificial intelligence deals with the study, understanding, and development of artificial intelligence and its application in business. Artificial intelligence (AI) is the use of computers, software, and programs to execute tasks that require human intelligence. Artificial intelligence is the next big development in technology and business, and it has already become a strong part of our everyday lives.

An MBA or PGDM in artificial intelligence will help you make a strong career in this field, and be an integral part of this industry that is going to be one of the biggest industries in the world. From understanding what AI truly is, to recognising its business applications and how it can improve the lives of people, you will learn a lot if you choose to study MBA or PGDM in artificial intelligence.

There are also different careers you can pursue with an MBA or PGDM in artificial intelligence. These careers cover different aspects of AI and are important for the development of this industry. AI is the future and making a career in this industry will set you up for life. However, if you are still unsure, read about the various reasons and benefits to choose an MBA or PGDM in artificial intelligence over other postgraduate courses.

Why MBA or PGDM in Artificial Intelligence

Knowing why is the most important thing while considering any educational course. Even if you dont have the answers, look for the answers online. These reasons will help you understand the potential of the course, and whether it is for you.

Here are some reasons to choose MBA or PGDM in artificial intelligence:

1. High Growth Industry

According to Accenture, by the year 2035, the AI industry in India is going to be worth $957 billion. These figures are quite encouraging. AI could potentially be one of the largest industries in the country because of its business applications. Any industry that has technology can make use of AI to reduce costs, improve operations, and create growth. Therefore, there is going to be a huge demand for AI in the immediate future.

AI can run many things. Its growth is also linked to the increasing use of cloud-based computing applications. Cloud helps with easy deployment and saves on storage and costs. These technologies will grow simultaneously and create high growth. So, getting an MBA or PGDM in artificial intelligence is the right move.

2. International Scope

AI has international demand, so with an MBA or PGDM in artificial intelligence, you can also look at having an international career. AI education in India is getting stronger by the day, and there is a huge demand for people in AI and Cloud-based applications on an international level. India being the IT hub of the world has the best chance to offer talented people in the AI industry.

Though AI courses are being offered in international universities, the students’ demand is comparatively less. Whereas India is expected to produce more professionals than most countries. There will be high demand for professionals from the country. So, if you have international ambitions, choose to do an MBA or PGDM in artificial intelligence.

3. Unique

In a world where students mostly choose postgraduate degrees in marketing, finance, and HR, an MBA or PGDM in artificial intelligence will help you stand out from the rest. The great advantage of this course is that along with technical knowledge regarding AI, you also learn about business and management. Theres also the right balance between theory and practical education.

The MBA or PGDM in artificial intelligence makes you a highly employable professional that potential employers would choose over others. And owing to your unique standing, you will also be able to get better salaries and benefits compared to other professionals. So, choose an MBA or PGDM in artificial intelligence and stand apart from the crowd.

4. Varied Careers

AI has many different careers, and with your MBA or PGDM in artificial intelligence, you become eligible to pursue these careers. During the course of your education, you will get a chance to choose a specialisation that will decide your career. So, you can choose something you are going to be good at, and make an excellent career in.

From tech managers to software analysts and developers, there are many professions you can pursue according to your talents. If you are good with numbers, or are good with coding or even have a knack for managerial work, you can find a suitable career in a top company.

5. Value for Money

One of the biggest reasons to choose an MBA or PGDM in artificial intelligence is because of the value for money you get. Postgraduate degrees are not cheap, and you have to invest at least 2 years of your life. Therefore, your course needs to get you a good job quickly in a company of repute. An MBA or PGDM in artificial intelligence does exactly that.

Your MBA or PGDM in artificial intelligence will not cost you a lot, and as soon as you finish your degree, you have the earning potential of INR 3 lakhs to INR 8 lakhs right at the start of your career. These figures are only going to get better with time as demand for AI professionals increases.

Is Artificial Intelligence A Good Career Option?

The main reason why we get educated is to make a career and artificial intelligence is one of the best career options today. This industrys importance and relevance are growing by the day, and if you choose to study it now, you will be poised for an excellent career.

• AI increases productivity by 40%, so businesses will heavily invest in it.
• 2.3 million jobs are expected to be created in the coming years.
• 77% percent of electronic devices use AI today.
• MBA or PGDM in artificial intelligence gets you entry-level jobs with a salary range of INR 3 lakhs to INR 8 lakhs.
• AI has been one of the most helpful technologies while dealing with a global pandemic like COVID-19.

There are benefits to choosing an MBA or PGDM in artificial intelligence. But the main things students look for like career options, high salaries, knowledge, and skills are met with this course. Plus, this degree gives you the dual advantage of a management and technical degree. So, start preparing for this course and make a great career.

An MBA or PGDM in artificial intelligence is still a relatively new course, hence, you have to do this course from the right institute. ASMs Institute of Business Management & Research (IBMR) is one institute to consider. They have a comprehensive course for artificial intelligence that is getting a lot of attention from students. So, visit their website, fill out the enquiry form, and get to know more about their AI postgraduate courses.