Scope and career prospects after management courses in India

The management career can start off from the front-line supervisory position to the top-level manager in the firm even the CEO of the company. The attraction of management career is always strong and appealing to every aspirant. The changing economy and business environment always help this career to stay in the limelight.

Across the world, there are plenty of universities offering the best classes to mould the young professional as these young aspiring minds are the hope and dream of a nation. The curriculum and the infrastructure they provide is worthy enough to chase one’s dream job or passion to be an entrepreneur. In this post, we are discussing the scope and career prospects after management courses in India.

A management graduate has got a relevant role in every organisation so they can easily find a place for them practically everywhere. The ere many areas they can concentrate on like marketing, human resource, finance, operations etc. Every company who starts business in a new country always got these opportunities for the citizens of the country. Scope and career prospects after management courses in India are,

Factors to consider for choosing your career

1. Understand yourself by assessing your capability, personality and important interest. Try to find out what you really want it can be assessed by yourself or with the help of career counsellor.

2. After realising what you are interested in make a list of all career you prefer based on your personality and abilities.

3. Based on the list explore all the details about the careers on the list. Conduct research about the job roles, requirements, prospects etc.

4. Based on the research findings choose the best one which suits your interest and personality or a place where you show your best.

The management career is a most sought-after career option with very high opportunities for growth and very good salary even as a fresher.

Management Career Options

Accounting Management:

This is a top career option in the management sector today which is concerned about the analysis, planning, implementation, and control of the programs which help to provide the accounting data for the users. This profession mainly includes the following activities starting from the maintenance of bank accounts, cash flows, balance sheets, developing accounting statements, accounting performance analysis, and the maintenance of report for the same. These activities are crucial for the organisation thus makes the career significant.

Today with a rapidly growing economy, especially in India along with the international business scenario, the requirement for well-qualified accounting professionals are increasing highly. The experience, expertise, the number of clients served, and the geographic location will contribute to the income from the profession.

Business Management:

This field provides a very appealing career opportunity to aspirants and focuses on planning, execution, analysis, and supervision of business processes. Good communication, leadership, analytical skills are inevitable in this field. The management professional can find a place for them in every organization.

Biotechnology Management:

In recent time the biotechnology management has evolved into the hottest career option from the management discipline. This career option requires knowledge from the management and the biotechnology. Over the years in the constant effort to enhance the human life the application of biotechnology has contributed a lot.  When managerial expertise combines with science, they can be very beneficial both to the professional as well as society.

Foreign Trade:

It is evident from the today’s especially in India, the foreign trade has grown immensely attracting more and more MNCs starts ventures in the countries and also the domestic companies expand their business outside their boundaries and what always requires are professionals eligible for international trade. The important job roles in this career include export units, international departments of multinational companies at different levels.

Export Management:

The fast-growing international trade has boosted the opportunities for the professionals and skilled person to administer the export processes. Their role in an organisation mainly includes pricing, sourcing, costing, export market research, distribution, freight marketing, export finance, documentation, and foreign exchange. There are many certificates, diplomas, and bachelor’s courses available in this management field.

Co-operative Management:

A co-operative group is an organisation that functions democratically where two or more groups share their economic, social, and cultural needs. The co-operative management admission requires to pass an entrance test and the humanities graduate tend to be more advantageous when applying. The rural areas offer a great prospect to this career as the globalisation has made development and growth at a faster pace. There are a handful of opportunities in both public and private sector.

Retail Management:

This profession is all about merchandising and sales. Retail management mainly includes store management, buying, merchandising, central management, e-tailing. This field necessitates trained manpower in large number to run shops. The big companies like big bazaar, J.C. Penny, Tesco, Shopper’s Stop, Reliance, Subhiksha, Walmart, ITC etc. And these companies offer a Plethora of job opening.

Textile management:

The textile industry is fast-growing, and this sector requires skilled management graduates. The Indian textile industry provides the second largest employer of workers both directly and indirectly. The Indian fabric has also got huge demand in the foreign market. The important career options in this field include technical sales, industrial engineering, product development, marketing, customer relations, human resources, cost, and inventory control. The aspirants can find a job in the textile manufacturing units, company outlets and textile showrooms.

Hospitality management:

The hospitality management involves the not just include the study but the practice in the operational areas like food production, food and beverages service, front office operation and housekeeping. A graduate in hospitality management can easily find a job in the airlines and railway travels, conference and conventions centres, travel agencies, cruise companies, event management, real estate management companies, hotel development and constructions, theme parks and tourist offices and ministries of tourism etc.

Human Resources Management:

The competitive era like today makes every company hire the best in the crowd as their employees. So, hiring these talented personnel’s is very crucial and this can be done only qualified professionals. The human resource management role requires one to recruit personnel’s their training, salary administration, handling union-management relations etc. today every organisation gives special concern for their human resources and they look for the best professional to do this job. Some to career options in HR management includes International Human Resource Expert Professional, Training & development manager, Employee Education Consultant, and Non-profit Human Resource Expert.

Finance Management:

The financial management career is always the most attractive and highly appreciated career to be persuaded. The LPG era has brought in immense opportunities for the finance graduate. Today finance management is one of the highly paid professional job especially MNCs are hiring professional for their international jobs too. The role of a finance manager is always crucial to every organisation and this will include a financial report, conduct investment activity and their implementation, cash-management tactics etc. So these are the scope and career prospects after management courses in India.

MBA at MIIM and Career Prospects

The MIIM MBA is a prestigious management program where the aspirants can chase their dreams and make them come true. The 2-year MBA program at MIIM makes the student perfectly moulded for the organisations. The faculties, training programs like outbound training, management fest, club activities, seminars from industry veterans will give them an experience for their lifetime.

The placement training beginning from the first semester makes well prepared for the placement at a very early stage. The placement training arms students with necessary aids to deal with interviews, group discussions and reasoning skills, mathematical skills etc. The students are highly appreciated for their extra-curricular activities. They can bring new innovative ideas as an entrepreneur and start their enterprises with the full support of the incubation centre. The assignments given by the faculties are not merely theories to be copied from the library resources they are often field visit which gives them the first-hand experience and knowledge to deal in real life too.

In MIIM, even before the students officially graduate, they will get placed at top companies like Federal Bank, TCS, Unilever, Reliance, Byju’s and other top companies across India. The students with their excellent technical and practical knowledge top position in the companies which makes MIIM the favourite destination for great companies to hire students.

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