5 EASY Steps to Successfully Start Budgeting

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I have never been one for budgets. In my youth (and I still consider myself young at under 40), whenever I tried to keep a budget sheet on Excel or an old fashioned passbook, I have always found it boring, tedious (yes, I know it means the same as boring, but that is how I feel about it) and ultimately it just got me all worked up and confused. In short, I hated keeping a budget.

Rocket Science or Budgeting!? (Photo by SpaceX on Unsplash)

And so, I stopped keeping a budget and just left the money in the bank using it as and when I needed it. I figured as I got older, I would get more responsible and would start budgeting. But that just did not happen, until one day it all just hit me – wife, kid, mortgage, car loan, living expenses, school fees, etc., etc., etc. – scrambling to keep afloat. Forget personal development – it’s all about survival.

So, I sat down, introspected and approached the budgeting issue as any other problem. It all starts with understanding the what and the why.

What is a budget?

It is a plan. A planed and controlled way for me to spend or save my money, knowing exactly where, when and how much I will need, how much I will be paying and how much I will be left with after.

In other words, budgeting is the ability to be able to say what each individual swiss franc ( or dollar or pound or rupee or naira or euro or whatever your currency is) is meant to do. Some francs will be tasked with paying your phone bill. Some with paying rent. Some might have no job at all – so their job would be called “emergency fund”.

What should I (someone who hates budgeting) consider when I start planning?

I promised you five easy steps to start budgeting, so here we go.

  1. Know your monthly budget (income): At the start of every month (for most people) fresh funds hit their bank accounts; maybe from a salary, parents, or a trust fund. It doesn’t matter where you get your money from, but this is your starting point. So, be clear when and how much money you get every month, this is your money available to budget. We’re talking net income (after taxes) and not gross income, unless you get taxed as self-employed / independent contractor / freelancer / whatever the word is in your country, in which case this also means you need to account for those taxes coming in later on. Important!
  2. Split it: I wanted to keep my budgeting simple. I started by splitting my budget into three groups or funds.
    • Needs: I started by making a list of my fixed monthly expenses: utility charges, telephone and internet charges, loans, insurance charges, housekeeping and maintenance charges, school fees, fuel and travel, etc. These are your fixed expenses and money have to be allocated to this fund. You can of course reduce your expenses here in a number of ways, such as moving to a cheaper or less expensive telephone and internet plan, saving on water and electricity (switch off the light when you leave the room), move to a house with a smaller rent, etc. Not rocket science, but worth mentioning.
    • Wants: This fund is put aside to improve the quality of life. Some people might say that this is not important, and you can do without, but I am definitely not one of those people. Going for movies and dinner with family, meeting friends for coffee, taking the kids to the arcade, subscribing to Audible or Netflix, buying a gift for the wife; I could do without any of this, but I would be miserable. There may be times when I might have to cut back on this, but that is alright as long as it is only for a short time. I would put aside about 50% of the budget remaining after the Needs fund.
    • Savings: The remaining 50% goes into my savings fund. My aim is to have at any time a minimum of 12 months Needs+Wants fund in my savings, with the sky as the upper limit of the fund.
  3. Use your credit/ debit card: Credit cards have a bad reputation and for good reason, a lot of people have failed to pay their cards back on time and have been penalised heavily and disproportionately by the card issuers for this mistake. It will also mess up your credit score. So, if you are someone who does not have the willpower or awareness to spend within your limits or pay the card on time, then do not use credit cards, just use your debit card. On the other hand, if you are like me (at least till now, fingers crossed), someone who ensures money is there in the bank to pay for every penny spent on the card and who has never missed a payment due date, the credit card can be awesome. 
    • They help you keep track on your spending and help you analyse your spending habits.
    • You earn points for every spend, which in turn translates into saving either in cash or purchases using points.
    • Most credit cards will offer some kind of discount, offers, insurance or cash backs – again savings.
  4. Be a hunter: Before making any purchase, lookout for offers or delay your purchase until a sales/ discount season. Check multiple stores for the best deal on the item you are looking to purchase. Even RKC, generally known for its frugality and already low costs, will occasionally run some promotional campaigns, driven by our desire to level the playing field for all sort of candidates, regardless of gender or cultural background. If you are signed up for our newsletter, you should know this – if you are not, what are you waiting for?
  5. Limit your expenses: Before making any purchase, ask yourself: 
    • Do I really need this? 
    • Do I have sufficient “Wants” fund for this purchase?
    • Can this purchase be delayed until a sale comes along?
    • Will a less expensive and lesser known brand work for me?
    • There’s a nifty trick for this one (in particular the delay option) – keep your credit card separated from your phone, which you presumably always have with you, and do not save its details on the browser. That will require you to stand up and go look for it every time you need/want (budget verbs!) to buy something – do not underestimate the power of inertia!
Keep track of your expenses, no matter how bored you get.

Budgeting might be the most boring aspect of your month/week/day, but it goes a long way in helping you get financial security, independence, and peace of mind. It is also the only way you can be confident you can afford big expenses such as a house, car, or an investment in your future in the form of a Master’s degree – yes, shameless plug. But it is the truth.

Can you actually afford a Master’s degree? Now is as good a time as ever: we are launching a number of new online master’s degree programmes, and we’re offering a limited time bursary on the tuition fees. If your budget is in good shape for it, and you believe in yourself, do check in with your RKC education advisor. 

MBA or MSc: Is there a difference? Should you care?

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It’s been a while since I finished my MBA, but I very clearly remember my thought process and the confusion I felt before deciding to start it.

I kept asking myself all sort of questions.

These are just some of the many questions that flashed through my mind at that time. But once the dust settled and I picked the path I wished to travel, a new question popped up.

Should I do an MBA or an M.Sc. (in management/business)?

Back then I already had friends who were doing or had completed MBA and M.Sc. programmes in management from universities around the world. As I myself was looking only at full time on-campus programmes, I asked them about their courses to get a better understanding on which programme to enrol for. These differences carry to the online versions too.

There are some basic differences between an MBA and an M.Sc programme.

  • Student demography: MBA programmes are usually targeted at individuals who have a minimum of 5 years work experience and as a consequence are usually somewhat older, people who are perhaps already in middle management positions. Whereas the M.Sc degree programmes are targeted at younger graduates, individuals with little to no work experience, usually coming in straight from their bachelor studies.
A graphic of median age distributions over MBA and MSc programmes since 2010
Figure 1. Median age for female (orange) and male (blue) students across the MBA and MSc programmes in RKC since 2010 – a clear and significant difference (statistically significant that is, rather than “important”).
  • Teaching methods: From the student demography we can deduce how the education will be structured in class. M.Sc. programmes are usually more theoretical and classroom centric, whereas MBA programmes are based on experiential learning, calling on the work experience of the students to analyse case studies, projects and submit dissertations, working in groups with other students, learning from their experience coupled with the theoretical aspects of learning.
RKC Graduation 2018 @YorkStJohn
RKC Graduation 2018 @YorkStJohn
  • Focused study: MBA programmes are usually focused on general management and not in a specialised field of study, in fact most of the modules taught in an MBA programme would be on general management. M.Sc. programmes on the other hand are usually more focused in a particular field of study (for example, Information Systems Management, Global Management, Accounting and Finance, etc.). 
  • Duration: MBA programmes are usually 18 to 24 months long, with a project and dissertation. M.Sc. programmes can usually be completed in 12 months, although they too will typically require a dissertation.
  • Cost: In most universities MBA programmes are priced much higher than M.Sc. programmes (although you will find exceptions too).

So, which one is good for me?

In recent times more and more universities have started creating courses where the differences have been reduced, creating courses that are unique and catering to the student’s requirements. This is especially true for online master’s degree programmes where technology has had a big impact on communication and giving students from all over the world and from different professional backgrounds access to information like never before.

So, which one is right for you? Not a question I am able to answer via a blog post, I’m afraid, but if you want to find out, you can get in touch with our team of admission advisers who can have a look at your profile and give you some advice.

Explore the number of specialised master’s degree programmes offered by Robert Kennedy College through exclusive partnerships with top British universities. Or, if you have already made up your mind, click here to apply. 

Looking to make the jump into HR? We have some tips for you!

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Full disclosure: I have never worked in the Human Resource department of an organisation and almost all my knowledge of the challenges faced by an HR professional is second hand. In fact, until recently, I did not even think they faced any challenges. Yeah, yeah, I know, every job has its challenges and HR is no different, but to my mind the average HR person’s life looked so comfortable and stress free. No targets, no work pressure, no deadlines – just show up, smile, have a good time taking with your co-workers, plan team outings and play team building exercises.   

Naivety thy name be Sahil.

Those of you who read my blog on 6 Reasons to Do a Master’s Degree Programme know about my friend Jojo. Well, Jojo was an HR manager with more than 15 years’ experience as an HR professional, it was speaking with him that first gave me an insight to the challenges faced by the modern HR professional.

Challenges facing the modern HR professional

These can be broadly classified into three main categories:

  1. Environmental or external: These are challenges that are caused by changes that have been brought about by external factors that will not have anything to do directly with you or your organisation. These factors are usually generic in nature and will have an effect on multiple industries or the corporate workforce as a whole. Some of the environmental challenges are:
    • Government legislation: Governments nowadays the world over change like the seasons and each government comes with their own mandates and ideas on how businesses should be run and the country’s workforce should be managed. 
    • Global economy: Companies today operate on a truly global scale (even small companies), and this has resulted in local units and companies incorporating global best practices into their work culture. But what is best practice in some countries might not be what is best or even what works in your country. So, while companies like to standardise practices, a one size fits all policy might not work everywhere. 
    • Workforce diversity: Diversity in the workforce has had a massive and positive impact on the way business is done globally, from infusing new and fresh ideas, getting the best talent, accelerating the implementation and adaptation of technologies, opening new markets, reducing costs and increasing profits. Diversity must be encouraged; it will take your company from strength to strength. However, there can also be a number of issues that spring up on you if you are not alert and miss the warning signs, such as discrimination against certain communities or ethnicity, and divides or groupism in your workforce based on community, religion, sex or ethnicity.
    • Technology: Changes in technology have the potential for massive and sudden impacts on the nature of the workforce. Can your workforce keep up with the changes in technology? What do you have to do to get them up to speed? Will you have to downsize or hire new talent, or could technology end up substituting most of your workforce?  
  2. Organisational or internal: As the name suggests, these are challenges put on you by your organisation itself. By the work culture, management, internal policy changes or the annual performance of your organisation.
    • Cost cutting: The two departments that normally must be prepared for a company’s cost cutting measures are the marketing department and the HR department. While the marketing team might lose part of its marketing or advertising budget, the HR department will have to be prepared for anything from downsizing and layoffs to restructuring and reallocation of resources. 
    • Recruitment: Finding the right person for a job is vital to the long-term success of the organisation. Recruitment and selection are probably two of the most important functions of an HR professional. Attracting talent and ensuring you have where to choose from (in order to achieve diversity for example) almost marries HR with marketing – HR have a niche responsibility for the organisation’s brand with respect to prospective employees. And then there is the age old argument of quality versus quantity.  
  3. Individual challenges: These are challenges that an HR professional will have to overcome on an individual basis. These challenges will usually have a relation with both the organisational challenges and the environmental challenges. 
    • Building a team: For an organisation to be effective it should have an effective team of professionals working towards the success of the organisation. Finding or training people to best complement your organisation’s strengths, developing a team spirit, motivating them and providing job security will put you on the path towards building a strong team. 
    • Attrition management: Once a strong team has been built, keeping the team members motivated and secure will cultivate loyalty to the organisation. Losing a highly trained and skilled employee will not only have an immediate impact on the productivity of your team but could also be giving your competition a valuable asset who is also in the know of your organisation’s workings. Providing a good work-life balance will go a long way towards reducing the rate of attrition. 
    • Monitoring productive and counterproductive behaviours: Keep an eye out for productive employees and they should be rewarded and acknowledged for their efforts. At the same time, you should keep an eye out for counterproductive employees, they can have a negative impact on the morale and the overall productivity of the workforce. Counterproductive behaviour can also lead to a divide in your workforce caused by conflicts due to groupism and political divides. 

Where next?

These are just some of the many challenges faced by an HR professional today. You are perhaps one yourself – an “accidental HR person” as someone once described themselves, perhaps? Sound off in the comments if there are any particular challenges you are facing that we have missed out on and that you feel are important to talk about. Or perhaps you are simply an employee who feels the HR department in your organisation is facing a different kind of challenge and they are not raising up to it – let us know too! 

And of course, for those of you looking to formalise your HR knowledge, or looking for a jumpstart into an HR career, Robert Kennedy College offers an online M.Sc. programme in Human Resource Management and Development through an exclusive partnership with the University of Salford, UK. Click here to apply for the programme.

3 failed resolutions! It’s the New Year, time for another resolution (sighroll)!

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I really did not mean to start this article off on a negative note, but new years resolutions and I have rarely had a positive relationship.

Seasons greetings…

Before I carry on with my rant, let me wish all of you, our readers, good tidings for this festive season and a happy and prosperous New Year 2020!  

…and a Happy New Year

Why resolutions?

Why do people make resolutions at new years’ time? The answer, more often than not, is self-improvement. To start the new year on a positive note, to be a better version of yourself. Such a laudable goal and yet most people fail in their resolutions. 

And this new year being also the start of a new decade, people are going to be making resolutions left, right, and centre.  

So, I pulled out my list of unfulfilled resolutions and resolved that this year I will not fail in my resolutions. I looked into why most people fail in their resolutions and more importantly how they succeed. Here is what I found.

7 and a bit ways to make your resolutions a success!  

Tim Pychyl – professor of psychology at Carleton University
  1. Cultural procrastination: According to Tim Pychyl, an associate professor of psychology at Carleton University and the author of “Solving the Procrastination Puzzle: A Concise Guide to Strategies for Change”, this is  – “culturally prescribed procrastination,” meaning we’re culturally primed to procrastinate by making a resolution for a future date, instead of committing now. So, don’t wait for the new year to start your self-improvement goal, start right now! 
  2. Reprogram your mind: Your mind and body are used to the way you do things, something akin to muscle memory. If you are under the impression that starting or stopping something is going to be easy and not require you to work on it, you are (probably) wrong. You need to work on developing good habits that can help in achieving your goals. There is a reason why so many people fail in their resolutions. So how do you go about reprogramming you mind? 
    • Get specific: Let’s say your resolution for the new year is to get healthy. What does that even mean? Do you mean eating healthy, losing weight, going to the gym, giving up smoking – getting healthy is just so vague. Be specific: what do you want to achieve in “getting healthy”? 
    • Set short-term goals: Now let’s say you choose to exercise more. Again, let’s try and get more specific: you choose to run every day (although swimming might be a better choice, lower impact). First, set yourself the end goal: running in your local 10K marathon at the end of the year. Now break this down to short term goals – you will run 1 kilometre a day for the first 30 days, then 2 kilometres a day for the next 30 days, then 4, 6 and so on. 
    • Track your progress: As you progress, keep track of your achievements. It will help in building your confidence and motivating you. You will be able to see your progress and your success and will not want to fail. There are plenty of apps and fitness trackers (you might already own) that can help you do this with a high level of granularity.
    • By the end of this exercise, your body would have gotten used to running every day from not running at all and you would have gotten healthier. You would have also succeeded in reprogramming your mind and developing a good habit. 
  3. Choose achievable goals: Be realistic! If you decided to become the next leader of your country and are not already in politics, then that is unlikely to happen. So, choose something achievable, that can have a positive impact in your life. Learn a new language, lose weight (set a specific target), stop smoking, complete your assignments before the deadline, show up to all your classes, join an MBA, complete your master’s degree this year, etc. 
  4. Choose a resolution that is personal: Your resolution should be personal to you. Achieving it should make you happy and benefit you. You will be more motivated to stick to your resolution if the resolution has a tangible and positive impact in your life.  
  5. Stay true to yourself: Don’t choose to take on so many resolutions that it will change your very character. If you want to be a better version of yourself, do it slowly, step by step, get used to the changes and like what you see. If too many things change too soon, you are not going to like it and will start making excuses to fail in your resolutions. Make one or at most two resolutions, there is always next year.
  6. Keep going: Failure is part of life and every failure is a learning experience. Cliché, I know, but it is a fact. Everybody fails, but that doesn’t mean you just give up; start over tomorrow. It’s not like all your hard work will be wiped out with a single failure, or even multiple failures – pick-up from your last success.
    • It is usually the case that we are our harshest critic, so if that is your case too, give yourself a break. If a friend or family member failed at something and was upset, you would likely (hopefully!) support him or her. So, what is the harm in extending that same support to yourself?
  7. Ask for help: If you are comfortable with sharing your resolutions with your friends and family and believe that they will be able to support and help you in achieving your resolutions then don’t be ashamed in asking for their help. Chances are, they will be happy to see you succeed.   

What’s next?

Have I missed any points that you feel can help someone stick to their resolutions? Let us know in the comments below. 

If your resolution is to do a master’s degree or learn something new, then explore the number of specialised master’s degree programmes offered by Robert Kennedy College through exclusive partnerships with top British universities. Or, if you have already made up your mind, click here to apply. 

6 Reasons to Do a Master’s Degree Programme

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I am going to tell you a story about a friend of mine and yes, I know “a friend” sounds made up, but this friend is real and what happened to him could happen to anyone of us in the corporate world.  

To make matters simple, let’s call this friend of mine Jojo (yes, this time a made-up name). A while back Jojo found himself out of a job due to no fault of his. The reasons given: downsizing, centralising, the usual corporate jibber jabber, and this from a company in which he had spent the last two years of his life setting up and developing an entire function for the organisation. 

He was reporting directly to the Managing Director and Country-Head, a position he achieved by hard work and determination and with professional experience going back two decades – working for some of the biggest multi-national companies in the world. He was not worried: with his experience, getting a job would be EASY. 

Safely crossing the gap from one job to the next is not always straightforward…

But as the days turned into weeks and then into months and he was still unable to find a job, the gloom around him was palpable.  

Jojo’s story 

Jojo started his career immediately after graduating with a bachelor’s degree from a top local university and as his career progressed at a faster-than-average pace, he never found the need and time to go back to school and enhance his academic profile too.  

Over time as life evolved, so grew his professional and personal commitments, demanding a greater share of his time and effort. He concluded that putting in time, effort and money into his education did not merit the return on investment.  

Fast forward to Jojo’s job search – he found that the lack of a master’s degree was having a profound impact on his ability to get hired. 

To be clear, I am not saying that you need a master’s degree to succeed in life. In fact, most people don’t have a master’s degree and are very successful in their profession. What I am saying is that a master’s degree can have a positive impact in your professional career (because, learning is good :D).

Added benefit of a Master’s – graduation is fun! Notice how these RKC graduates from 2018 have big smiles on their faces, despite the freezing cold of November in York.

Here are 6 reasons you should consider doing a master’s degree. 

  1. It shows you are hard working and committed: A Master’s degree implies that you have taken the extra step of getting a higher qualification, gaining extra skills and specialisations. Having worked on projects and submitted assignments and dissertations in a timely manner, it shows you to be more disciplined, structured and task oriented. 
  2. It levels the playing field: In today’s competitive job market, most of the candidates applying for any above entry level position will already have at least one master’s degree, if not more specialised qualifications and just a bachelor’s degree or lower educational qualification would just not cut it. Depending on the nature of the job and the position you are aspiring to, a master’s degree might be the minimum requirement to even apply. 
  3. It can help with switching careers: There may come a time in your career when you pull your hair and cry out – “I CAN’T TAKE THIS ANYMORE!”. I understand, I have been there a couple of times. For whatever reason, if you feel it is time for a change in career to a field that requires specific knowledge that you do not have or to a career in a regulated industry that requires you to have certain education qualifications, a master’s degree might give you a leg up in your new career. 
  4. It can help you standout: Unfortunately, this is the world that we live in. There may be several of your co-workers eyeing the same promotion that you have been after. Whether it is a management position or that specialised role within your company, a master’s degree could make the difference in your getting that position. In some cases, a company might also be willing to sponsor the master’s degree if they feel you are a potential leader and it could be mutually beneficial, so it is always worth asking the question to either your manager or the HR department.  
  5. It may help with relocation: We are no longer limited by geography. A master’s degree might help you in getting a work visa to a particular country; after all, you might be required to show why you are more deserving of a particular job than a citizen of the country and a master’s degree might go some ways in your company hiring you over a local.  
  6. It can fill the gap: Going back to the example of my friend, the longer you go without employment the harder it will get to explain the gap in your resume and to get employed. Doing a master’s degree is a good way to fill this gap, improve your knowledge, gain new skills and to generally show you are not one to wait around for things to happen.  

There’s more?

I am sure that there are many other reasons why people choose to do a master’s degree with benefits we wouldn’t have even thought off. If you have experienced or can think of any, let us know in the comments below! 

Finally, getting back to Jojo. It took him a while, but he is finally back to work. It is not what he wanted to do, and he had to take a hefty pay cut, but he is working again. He has still not joined a master’s programme (despite my constant reminders) but he is on the lookout for one that meets his requirements. Let’s hope he doesn’t leave it for too late.  Can it really ever be too late?

Explore the number of specialised master’s degree programmes offered by Robert Kennedy College through exclusive partnerships with top British universities. Or, if you have already made up your mind, click here to apply.

Robert Kennedy College and York St John graduates being silly with their hats in the Quad before graduation.

Understanding University Rankings – humph!

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So, when I decided to write an informative blog on university rankings to enable you the reader to make an informed decision, I did not realise what I was getting myself into. And after days of research and multiple migraines, I have decided that if I just go ahead and dump all the information here, you are just going to lose interest, get confused and finally just go away and never come back. 

Utility of Ranking Systems

To begin with, should we even look at rankings to base our decisions on? After all UNESCO did observe that rankings “do more harm than good” and you will find some of the reasoning for this as you read further. On the flip side they also observed that rankings have also become a measure of quality and have created an atmosphere of competition between universities. You can find more information on this UNESCO finding in the UNESCO Publishing – Rankings and Accountability in Higher Education: Uses and Misuses.

Like most things in life, rankings also have their good bits and their bad bits. To begin with, there is no almighty, all encompassing ranking system out there, because that is just not possible. There are just so many parameters that educational institutions can be ranked on, any ranking agency will just get overwhelmed with data and quite possibility put out a very confused and confusing report. There was even a ranking in the United States that ranked universities on squirrels (yes, the cute little rodent).

So, most agencies will pick and choose a few areas they feel are important and grade the university. This is where things start to look a little murky.

The Perspective

I remember when I was considering universities to apply for my MBA, I just opened a few of the top selling magazines and educational journals, looked at the top universities, made a list of universities that featured in multiple magazines/journals and applied to them. It did not ever occur to me to look into the parameters that the universities were being evaluated on and if they were even relevant to me.

There are many ways to reach your destination. The choice is yours!

So, make your own list, make a list of parameters you feel are important, may be campus job placements, alumni engagement, faculty, student to teacher ratio, campus, etc., and focus on rankings that evaluate on parameters that come closest to your list. Another point of view is to forget about the university rankings and look at subject rankings (say, Law). A particular university might not be ranked too high, but for the subject you are interested in, the university might be ranked 1st in the North West and 8th in the UK.

As we are looking at rankings that come closest to our list of parameters (and here comes the murky bit) there is usually no transparency. Most ranking agencies will not share their algorithm (and why should they, they have worked hard on it and have spent a lot of money on it) or for that matter, even parameters that have gone into giving a particular rank to a parameter. Why did university A get 8 points for Student Engagement, but university B get only 3 points? At the same time, last year university A was on 3 points, what has changed? So, look at rankings that are a little more transparent, they don’t have to open up their algorithms to you, but a little transparency will help you make an informed decision.

The Rich get Richer

There are also a number of ranking agencies, especially the smaller ones, that fall into the trap of ranking universities on their reputations. While I personally believe there is nothing wrong with this – to a very limited extent – after all, the university probably worked hard on developing this reputation and in all likelihood deserves it, basing a ranking system primarily on reputation will continuously reward only a handful of universities. For example, a reputation based ranking system will always rank universities like Oxford and Cambridge at the top while ignoring universities that are working towards developing their reputation by offering better programmes, teaching methodologies or more advanced and modern study environments.

Universities have also learnt to play the ranking game. Most universities have dedicated teams that engage ranking agencies, understand how their ranking system works and learn to either improve their offering and thereby improve their ranking or to manipulate the system and improve. Look at the older rankings of the university and mark their progression through the ranks, seek out explanations as to why a university has improved in a certain parameter but not in others. Try to seek out transparency on the change in rankings. 

Look at rankings that are updated on a regular basis, preferably on at least an annual basis. A university on top today may be at the bottom tomorrow.

Further Research

Finally, let me leave you with the link to the Wikipedia page (even though using Wikipedia in academic writing would get me wrist slapped by Dr Negoescu!) on the college and university rankings, where you will find information on a number of global and regional ranking agencies that should provide you with information you might find useful or you might just find confusing. This is the way the cookie crumbles, sorry! I wish you the best in your hunt for that perfect university, there is one for everyone.

It is worth it at the end

Since you are reading this blog, you probably already know that we at Robert Kennedy College offer more than 30 Master’s degree programmes in partnerships with 3 UK universities and we have been helping more than 14,000 students from almost every country in the world develop their skill sets, improve their CVs and advance their careers – you are in good hands should you consider taking the plunge. Have a look at our programme catalogue and get in touch with our Admissions’ team if you have any questions about the programme most suitable for your background.

Overcoming challenges of studying online

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Most people decide to do an online programme because of the convenience and advantages online programmes offer. However, every coin has two faces and while the benefits of doing an online programme are many there are also a few challenges that students studying online will have to overcome in order to complete the programme with flying colours.

Here are some of the challenges our students face in online learning – holding that a better understanding of them will help you in your own ventures in online learning. 

Time management: Time management is one of the biggest challenges that a student faces. Being able to manage one’s personal and professional life while at the same time getting the space and time to complete all the requirements of the programme – assignments, readings, etc. – is a problem faced by most students. If you don’t manage time well – putting off assignments until the last minute, not completing the required readings, being unable to participate in classroom sessions – you will inevitably fall behind and struggle to complete the course. Balancing work-life-study is the key to successfully completing any programme. We have an entire post on how to overcome this challenge – have a read, but know that with a little discipline this is an easily surmountable challenge – be it for online studies, or your life in general, so well worth improving your time management skills.

Learning Methodology: Until choosing to do an online programme, almost all of us would have received our education in a physical classroom, having attended schools and colleges for almost two decades in our formative years. As a result, most of us would have developed skills and methodologies to best meet the challenges of an in-classroom learning environment. As a result, for some of us online education might come as a culture shock and might take some getting used to, while for others this adjustment might come quickly and naturally. This is another skill that we just have to accept we need to develop – and make the most out of the flexibility afforded by the online interaction.

Distractions at Home: In my personal opinion, for most professionals, the benefits of studying from home far out-number those of studying full time in an on-campus programme. For most of our students this would not even be possible, since they are working professionals. However, at home there are a lot of distractions that can derail your study plans as well. The best advice we can offer on this challenge (verified by many of our students) is to set aside dedicated time slots for your studies and to protect those at all costs. Do not let anyone  distract you during this time (which is why getting your family on board before starting is crucial). Set up a dedicated study space at your home, which will act like your own personal classroom, this will help keep distractions out and your focus in.  

Dependence on Technology: While it is true that technology has changed the face of education, online education is entirely dependent on technology. You will need to ensure that you have a reliable and fast internet connection, laptop/ home computer or other mobile devices that will help you create and deliver assignments and stay connected with the college. But once you are connected, technology can also help ensuring all your work is backed up and you never have to blame the dog for the missing assignment!   

Doing it Alone: Human beings are social animals. One of the biggest benefits in doing an on-campus programme is the social interaction you can have with your peers, whether it is building long lasting relationships, group studies or just hanging out to relieve stress. 

In our programmes we use online forums, live classroom sessions and residential week-long workshops to try to mitigate the impact of the missing face to face social interaction. The residencies are indeed some of the most appreciated parts of the programme, attesting to their value (but also to the fact that face-to-face interaction is indeed a challenge). 

Students of Robert Kennedy College attending the week-long residency at the University of Cumbria campus

We have more than 30 Master’s degree programmes and we have been helping more than 14,000 students from almost every county of the world develop their skill sets, improve their CVs and advance their careers – you are in good hands should you consider taking the plunge. Have a look at our programme catalogue and get in touch with our Admissions’ team if you have any questions about the programme most suitable for your background.

6 Points to consider before starting your career in Marketing

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Philip Kotler defines marketing as “Satisfying needs and wants through an exchange process”. The Chartered Institute of Marketing defines marketing as “the management process responsible for identifying, anticipating and satisfying customer requirements profitably”.

Philip Kotler

This is what you get when you Google for the definition of marketing. While these definitions leave me personally a little confused and strangely unsatisfied, I cannot argue with them as

  1. I understand they are academic definitions.
  2. One definition is by one of the recognised Gods of marketing and the other by an organisation that has the words Institute, Chartered and Marketing in its name. 

But these definitions really do not help you understand how big the field of marketing is, what one has to do to get into this field or whether this is even the right career for you.

The following are a few steps to follow that can help you make an informed decision.

  1. Marketing is a broad field with specialisations such as social media, SEO specialist, media manager, copywriter, just to name a few, and marketing being such a dynamic field this list is constantly evolving. 
  2. Due to the number of specialisations available in the marketing field, it is not possible for one person to have the adequate knowledge to perform all the jobs with any semblance of competence. Hence it is important to know which specialisation you wish to build your career in, and a better understanding of the specialisations is important in making an informed decision. Keep in mind, not all specialisations will pay the same, offer the same career growth, require the same qualifications that you currently have or even be able to keep your interest in the job over time.
  3. Once you have identified the specialisation you wish to build your career in, work towards building your knowledge base and competence in this specialisation. There is a lot of information that is available free of cost online, on sites like youtube.com and other e-learning platforms. There are also a lot of e-learning platforms offering paid but high value certifications and programmes that offer more specialised knowledge. 
  4. Marketing is also all about networking and another way to increase your knowledge in the field and help you make an informed decision, that could also be fun, is to attend marketing seminars and networking events. If this is what you want to do then spending time with like-minded people will be fun and will have the added benefit of creating opportunities. 
  5. If you have the time and motivation, may be look at doing an internship or short-term assignments in the specialisation of your interest. There is no substitute to doing to get a feel of the job.
  6. Once you have decided to become a marketeer, it is important to keep updated and motivated and the beauty about marketing, being such a dynamic field, is someone is always doing something interesting and new, and being a marketeer, will definitely be blowing his or her trumpet for all to see. Hence information on this new and innovative marketing methodology can be found online. Keep reading, learning, growing and innovating. 

Robert Kennedy College with 31 Master’s degree programmes (including Marketing, Media Leadership, Digital Business, etc.) and almost 14,000 students from almost every county offers one of the most diverse, accredited and globally recognised online master’s degree programmes in both Business Law and Management through exclusive partnerships with British universities. For more information download our programme catalogue.

Technology In Education

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Technology has changed the way we live our lives, having an impact on almost every aspect of our daily activities. From the outside it might look like the education sectors missed out on the technological revolution and in some ways, this is true, the teacher is still surrounded by students as they educate and impart their knowledge. But in many other ways technology has changed education itself. 

For centuries, only the children of the very rich, noble or higher casts could afford or were permitted the privilege of education. For one, books in the past were very expensive and rare, hence access to them were restricted and protected. Most education centres were centralised and very few, hence most families who wished their children to be educated had to send them far away and with a healthy stipend to pay for the education they were about to receive.

With the advent of quicker modes of transportation, the world took its first step towards becoming a global village. Enabling both teachers and students to travel to the farthest corners of the Earth, spreading and absorbing new and diverse knowledge. However, it is Information Technology and the Internet that has and is continuing to revolutionise the education industry.  

RKC Graduation 2018 @YorkStJohn
RKC Graduation 2018 @YorkStJohn

Today people around the world, who do not have the time to attend or even do not have access to schools can gain a formal education from a globally recognised and respected university. And through the almost constant advancement of telecommunication technology, the online programmes that most colleges offer are at the same level as those which are being offered by traditional on-campus programmes in terms of the quality of education and knowledge delivery.

The internet offers massive amounts of information on almost every subject imaginable through ebooks, audio and podcasts, images and videos. These unprecedented learning opportunities are offered to everyone right at their fingertips and in most cases, at costs lower than ever before. 

One of the traditional advantages of a classroom education was the opportunity to collaborate and network with other students. However, with the advancement in communication technology the barriers that were perceived in online education have also begun to fall away. Students are able to collaborate at levels comparable to those offered in on-campus education using technologies like group video conferencing and chats, emails and cloud technology to collaborate with each other “virtually” live.

With the amount of information and knowledge available online the traditional role of a teacher is also changing from that of an imparter of knowledge to that of a guide, guiding students to the endless sources of information and helping them make sense of it all and in the process learning new things themselves.

Technology has transformed education in many ways, from giving access to multiple sources of information, to helping teachers create new and more interactive study materials, to helping students from all over the world come together and collaborate in projects seamlessly and most importantly, taking education to everyone. 

Robert Kennedy College with 31 Master’s degree programmes and almost 14,000 students from almost every county offers one of the most diverse, accredited and globally recognised online master’s degree programmes in both Business Law and Management through exclusive partnerships with British universities. For more information download our programme catalogue.

University of Salford Graduation 2019

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Years of hard work and sacrifice culminates on successfully completing your masters degree programme and the reward is being awarded your degree!

Linda Karitanyi – Living her dream and fulfilling her aspirations!

We at Robert Kennedy College are pleased to share with our readers the joy and happiness of one of our students’ – Ms. Linda Karitanyi, who has successfully graduated from the University of Salford with a Master of Science degree in Procurement, Logistics and Supply Chain Management.

Linda choose to attend the graduation ceremony at the university to collect her certificate.

Linda Karitanyi – Sharing her joy with friends and family
Linda Karitanyi @ the University of Salford, UK

Robert Kennedy College with almost 14,000 students from almost every county in the world offers one of the most diverse, accredited and globally recognised online master’s degree programmes in both Business Law, Leadership and Management through exclusive partnerships with British universities. For more information download programme catalogue.

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