Within the dynamic landscape of higher education, individuals have long regarded the pursuit of a Master of Business Administration (MBA) as an essential pathway toward unlocking career advancement and attaining professional success. However, in today’s interconnected and rapidly evolving global business environment, the traditional MBA is no longer the sole beacon of educational attainment. Instead, the emergence of dual degree programmes presents a compelling alternative for ambitious individuals seeking a more comprehensive and internationally oriented educational experience.
In this contemporary era, where borders are increasingly porous and industries are interconnected on a global scale, the decision to pursue a dual degree has garnered significant attention. By embarking on such a journey, students not only expand their academic horizons but also gain invaluable exposure to diverse cultures, perspectives, and business practices. This immersive educational approach equips them with a nuanced understanding of the complexities of international business, a skill set that is increasingly vital in today’s interconnected world.
While the benefits of pursuing a standalone MBA are evident, the appeal of a combined degree lies in its potential to provide a more diverse and enriched educational journey. By merging complementary fields like law, engineering, or international relations, individuals can cultivate a distinctive set of skills and knowledge that distinguishes them in the competitive job market. Additionally, the chance to interact with a wider network of peers and professionals from various backgrounds encourages collaboration, innovation, and cross-cultural appreciation, all of which are invaluable assets in today’s global business environment. While both paths offer unique advantages, weighing the pros and cons of each can empower you to make informed decisions that resonate with your career ambitions and personal objectives.
The Pros of Pursuing a Dual Degree Programme
Pros:
- Enhanced Employability: Dual degree holders often possess a more diverse skill set and global perspective, making them attractive candidates to employers seeking versatile professionals.
- Broader Network: Studying in two different institutions or countries allows for the creation of a wider professional network, opening doors to global opportunities.
- Comprehensive Knowledge: Dual degree programmes provide a deeper understanding of multiple disciplines, equipping graduates with a well-rounded skill set.
- Cultural Immersion: Immersing oneself in different academic and cultural environments fosters adaptability and cross-cultural communication skills.
- Increased Specialisation: Dual degree programmes offer the chance to specialise in two complementary fields, enhancing expertise and marketability.
The Cons of Pursuing a Dual Degree Programme
Cons:
- Extended Duration and Financial Commitment: Dual degree programmes often entail a longer duration and higher financial investment in comparison to traditional MBA programmes. However, the inclusion of an 11-month paid internship within the IDA programme at GIM significantly offsets these costs, offering invaluable experience through work opportunities both in India and abroad.
- Managing Multiple Commitments: Balancing coursework and responsibilities across two institutions or countries can pose challenges, necessitating effective time management skills to navigate successfully.
- Risk of Overwhelming: The workload associated with dual degree programmes may be more rigorous, potentially leading to stress and burnout if not carefully managed.
About GIM’s IDA (International Double Degree in Analytics)
GIM, or Goa Institute of Management, prepares students to be responsive and responsible leaders, making a difference in society. Offering five two-year full-time PGDM programmes, including PGDM, PGDM-Healthcare Management, PGDM-Big Data Analytics, PGDM-Banking, Insurance, and Financial Services, and International Double Degree in Analytics with Nova SBE, GIM provides a comprehensive educational experience. Situated on a 50-acre scenic campus, GIM fosters creativity through theatre, sports, and simulation games while maintaining a focus on diversity, pedagogy, and curriculum.
The International Double Degree in Analytics (IDA) programme offered by GIM is designed to provide students with a comprehensive understanding of analytics and its applications in today’s business landscape. With a curriculum that covers statistical theory, big data management, business intelligence systems, and machine learning, students gain both theoretical knowledge and practical skills essential for success in the field of analytics.
The IDA programme at GIM offers students the opportunity to earn two degrees in just two years – a PGDM in Big Data Analytics (BDA) from GIM, India, and a Master’s in Business Analytics from Nova School of Business and Economics, Portugal. This unique structure allows students to benefit from the expertise of both institutions while experiencing diverse learning environments and cultural perspectives.
Why Choose IDA?
- Double Degrees: Earn a PGDM-BDA from GIM and a Master’s in Business Analytics from Nova SBE
- Dual Placement Support: Benefit from placement assistance in two regions
- Transformative Learning: Engage in two years of impactful educational experiences
- Personalised Mentoring: Receive tailored guidance and access global networking opportunities
- Expert-Led Instruction: Learn from industry professionals and experienced faculty
- Practical Industry Exposure: Gain hands-on experience through live projects
- International Accreditation: Study in a programme recognised for its global standards
Who Should Apply for the IDA Programme at GIM?
The IDA programme is ideal for individuals who are passionate about uncovering insights in diverse data sets and are interested in designing data-driven organisations. Whether you have a background in analytics or are looking to transition into the field, the IDA programme equips you with the skills and knowledge needed to excel in today’s data-driven business world.
Eligibility criteria for the IDA programme at GIM
- Candidates under 26 years old as of June 1, 2024, are eligible for IDA 2024–26.
- Graduates from any discipline, with or without work experience, are welcome to apply.
- Applicants must have taken either the CAT 2023, XAT 2024, or GMAT (2022–2024).
- Candidates must also take at least one English proficiency exam: IELTS, TOEFL, or Cambridge test.
- The GIM Analytics Aptitude Test (GAAT) and Written Ability Test (WAT) for PGDM (BDA) will be administered.
- Applicants must submit a ‘Statement of Purpose’ (SOP) with a maximum of 800 words, outlining their motivation, interests, values, ambitions, extracurricular activities, examples of leadership and teamwork, and reasons for pursuing the International Double Degree in Analytics (IDA).
GIM is currently accepting applications for the upcoming batch of IDA 2024 -26: APPLY NOW
To know more about the IDA programme at GIM, visit: https://gim.ac.in/programmes/ida
To learn more about the selection process, merit list, interview dates & more at GIM or to connect with the GIM student community, join: Goa Institute of Management (GIM) 2024 – 26 Admissions Helpdesk (Official)