In today’s competitive job market, MBA is one of the most demanding courses among a large number of students. For various managerial positions, different companies give preference to the MBA students. Whether it’s a globally operating multinational company or a startup, there are jobs available for MBA freshers everywhere in the market.
What is MBA?
MBA or Master of Business Administration is a degree that is recognized globally and is basically designed to enhance the skills and qualities needed in business and management. The importance of this course is not limited to the business only. Everywhere, whether it’s a public, private and government sector, MBA freshers find excellent managerial job and career opportunities.
Being one of the most popular and demanding professional degree programs, today there are around 2, 500 MBA programs offered throughout the world. In India, some of the most popular MBA institutes are:
- Indian Institute of Management, IIM A
- Indian Institute of Management, Calcutta
- Xavier Labour Relations Institute
- Faculty of Management Studies (FMS)
- S.P. Jain Institute of Management and Research
- Management Development Institute, Gurgaon
- Indian Institute of Management, Kozhikode
- Indian Institute of Management, Indore
- International Management Institute, Delhi
- Indian Institute of Foreign Trade
- National Institute of Industrial Engineering
- Xavier Institute of Management, Bhubaneswar
- Symbiosis Institute of Business Management, Pune
Various specializations with job scopes and salary in MBA
MBA is not only beneficial for graduates, it is also a sought out course for working professionals who desire to achieve additional education in order to gain a top position in their job or to reach their career goals and objectives. As per the interest of the students, there are various specializations available for the students to choose from. Below are the specializations available under this program:
Finance: Those who are passionate about numbers and figures can opt for finance specialization in MBA. Specialization in finance will help you to gain a detailed knowledge of finance and you’ll be able to learn the ways to manage the financial condition of ant business in different conditions. It may provide you excellent opportunities to get MBA finance jobs in various organizations.
Marketing: Today every business needs to promote their products and services in order to lead in this competitive world. Marketing has become an essential element of any thriving business. If you have a mind for marketing and ability to examine the customer behavior, interpreting branding strategies and a craze for research and development, you must opt for marketing as your specialization. You’ll get to learn about various skills to built the reputation and brand of any organization.
Human resources management: If you have leadership qualities and ability to manage people, the HR (Human Resource) field is for you. Holding an MBA degree with a specialization in human resources management will avail you the best job and career opportunities in various organizations. Specialization in this field will enhance your leadership skills, social knowledge and knowledge about handling various issue related to human resources.
Business economics: These days, several organizations are looking for hiring MBA people with a specialization in business economics. Holding specialization in this field will augment your skills to develop complex strategies, which will help an organization to maintain its position and stay steady even in challenging times.
Global management: People holding MBA degree with a specialization in global management are widely demanded in companies having international relations. Specialization in this subject will boost your skills to lead an international business and the ability to communicate with a large number of people in different management styles.
To conclude, MBA is truly an effective way to broaden your chances of getting outstanding job opportunities with lucrative earnings and uplifting your career to a new level.