It’s a dynamic and demanding job market that we live in. Corporate sectors are fast-growing places where management skills and qualifications are crucial for one’s continued career growth. MBA is such an emerged field in today’s world, most of the students pursuing MBA degree in different streams; it takes into account major aspects of the business: marketing, Finance, Management, Accounting, Human Resource Management, Operational and Strategic Management, Business Policy etc. In such a competitive market, an MBA stands out- “arguably” – as the most logical career course that one can pursue. It provides the necessary growth, competency and heads the individual towards professional progression. Research shows that demand of an MBA pass out is increased year by year for example from the year 2008 to 2015 is increased by 84% and also proves a growth in female graduates in the legal profession. As per the survey 90% results shows that recruiters from across the country considering management hiring as an important organizational asset, there is a strong representation of an MBA graduates in all sectors. An MBA will offer you a wealth of advantages, higher salary, top management position or even becoming your own boss with some extra effort.
Some of the best opportunities for MBA graduate which promise a strong growth for individuals of the industry they belong to.
Finance: A degree in finance opens so many opportunities in the job world for fresher. The various numbers of opportunities include some risk management & analysis, planning, investment banking, general banking, and finance officer positions. The demanding nature of these job posts expects individuals have robust management skills, ability to understand the current market trend. Because of the highest demand, the salary ranging from 2.5 lakh to 7.0 lakhs for fresh graduates. Over the past years, growth in the finance sector has increased by 30%.
Marketing: It is another very competitive sector that involves strategies planning and resource management. For marketing field, proper management and communication skills are a must. As with the high demand professionals in these field takes up highly paid positions as brand managers, Marketing Manager, Sales manager, Purchase Head and Market research analysis. Salaries for marketing profession are ranging from 5.5 lakhs to 9lakhs. Growth in this field is around 40% from the year 2015.
HR Management: HR is responsible for entire life-cycle of each of the employees in an industry. Either small or big organizations need an HR department for the smooth and efficient functioning of the entire organization. HR department control over the overall process of a company from staffing, planning, hiring etc. Close to 20% growth in the hiring of HR Manager in 2016 directs towards a positive career progression which starts with a salary anywhere between 5 lakhs to 15 lakhs.
Operations Management: This is considering as the backbone of the business. They handled the various tasks of organizations such as determining the size of manufacturing plant, methods for project management. It is a process of converting the raw materials and labor into goods and services as efficiently as possible to maximize the profit of an organization. In IT industry or manufacturing an MBA graduate can work as a technical manager, project manager, technical supervisor or general manager eventually.
Information Technology Management: This is also a fast-growing field. Companies and organization are always looking for upgrading their technologies and IT Employees can help them to do that. AN MBA degree in information technology can help them to take positions for Technical Consultants, technical manager, Information system manager etc. 20% growth of hiring candidates is increased last year. Pay scale is also high for this field that is around 5 to 20 lakhs.
Thus the advancement of the professional education system in India added the exponential value of an MBA degree. It is important to choose the specialization correctly according to the current market scenario. Keeping a great insight over the company with skills and knowledge before an interview always brings out the best chances of getting hired in the organization. The competitive nature of job market also opens the doors for fresher and offers So Many HR jobs Opportunity every year for account jobs, banking sector jobs, and HR jobs. Monster India also offers so many job vacancies for different posts in a different location. You can register freely, search and apply for the concerned job at a preferred location with a handsome package.