An MBA (Masters in Business Administration) is a highly preferred course among Indian youths. The reason behind its popularity could be attributed to the vast array of prestigious career opportunitiesavailable for graduates. Who wouldn’t love a luxurious position in a swanky multinational organization, coupled with a fat pay cheque? When industrialization in Indiais set to reach fresh heights in coming decades, more and more jobs are expected to be churned out. To take good care of businesses, companies need well-trained, talented and promising MBA graduates. If MBA is in your mind,there is no doubt that you are on the right track with a bright future ahead.
The MBA program (General Management)deals with the diverse set of facetsrelated to administration. The course is an elaborate learning experience which takes the student through topics like marketing, operations, strategy, finance and much more. A person’s leadership skills, analytical acumen and organizational abilities will be burnished effectively. Once the student makes it through the program, he/she will be in a position to handle strategy principles and corporate finance etc. This is why aspiring financial and management executives from India choosethe prestigious course. The two-year long program is offered by institutions throughout the country. Before joining the program, it is important to assess your skills and personality. An MBA program suits people who are assertive and confident enough to influence a company’s decisions and lead a team with a level-headed attitude. You should be able to propose solutions and deal with stressful situations. If these qualities are part and parcel of your personality, an MBA program will definitely feel tailor-made for you. On the basis of aptitude, a student can opt for core courses. Few of the popular core subjects are finance, marketing, operation, banking, information technology, accounting, human resources, retail, international business, event management etc. Options are also available forcandidates to choose specialization in the light of subjects learned for graduation. Indian colleges and universities offer the program on full-time and distance learning modes.
Along with financial institutions, opportunities are available in other sectors as well. Some areaslike construction, engineering, agriculture and oil sector offer jobs with great salaries. Based on each person’s skills, posts like financial executive, marketing executive and department manager are available. In addition, popular job profiles include Brand Manager, Account Manager, Marketing Manager, Business Development Executive, Management Consultant etc. Few companies who are considered to be top recruiters are India Infrastructure Finance Company Ltd, Global Eagle Entertainment, JPMorgan Chase, Cisco Systems, Inc, Aditya Birla Group, Amazon seller Services PvtLtd,HCL technologies etc.
Financial Executive - These professionals manage money transactions and ensure that companies remain profitable. They take care ofrevenue, investments, income and money related affairs.
Marketing Executive - These professionals are also known as marketing officers. They are entrusted with the responsibility of creating ideal marketing campaigns to market products and services of the company.
Brand Manager - Marketing efforts need to be planned and developed to double a particular product’s value and market performance. Brand Managers have to keep a keen eye on competitors and their newly devised strategies, apart from maintaining the integrity of the brand.
Account Manager - They areresponsible for developing and maintaining healthy relationships with the company’s customers.There might be customers who canpresent untappedopportunities for the company. Account Managers should be able to spot these opportunities and take advantage out of them. A penchant for ideas, abilities for multitasking, diplomatic behavior and negotiation skills are required skills.
Marketing Manager - The organization’s marketing plans need to be developed and implemented in a cautious manner and marketing managers should prove their mettle here. At the same time, these marketing strategies should not stray away from the organization’s objectives and policies.
Business Development Executive - As the name suggests,a Business Development Executive is the professional who is expected to present goods and services of the company to fresh customers. Through good relationships, these fresh additions could be turned into loyal customers in the long run. Communication and negotiation skills reign supreme here as well.
Management Consultant - This job suits candidates who are good at problem solving. With the aid of business skills, they provide valuable advice and help companies to come up with better performances.
In India, well-qualified MBA graduates can earn handsome salaries. In fact, sky is the limit for a candidate equipped with excellent soft skills,unwavering enthusiasm and enviable academic track record. Among the major sectors, management fetches the highest salary.It offers packages ofaround two to three lakhsper annum.Also, career growth is guaranteed and talented candidates could soon find themselves in the coveted list of professionals who earn six figure salaries,within a short period.