Scope of MBA- Joseph Anbarasu

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Information about Scope of MBA- Joseph Anbarasu
Business-Finance

Published on January 3, 2013

Author: joetrichy

Source: authorstream.com

SCOPE of MBA: SCOPE of MBA Joseph Anbarasu Introduction: Introduction The scope for a MBA graduate is unparalleled. Apart from attractive pay packets and placements being offered at college-level itself, it opens doors to various sectoral opportunities. The Indian Corporate world has seen many MBA professionals occupying top slots in the corporate ladder. Apart from Corporate careers, one can opt for entrepreneurship, work in co-operatives, NGO's as the opportunities are literally unlimited. Multidimensional scope of MBA: Multidimensional scope of MBA Fiscal Cliff or fiscal clean fad, MBAs are the first in and among the first out. This is due to the multi-dimensional, multi-tasking quality an MBA possesses. For example: A MBA with Finance specialization does not necessarily fare poorly when the industry hits the doldrums. He gets onto marketing of financial services (say, marketing of mutual funds or insurance products),thereby reducing career risk . MBA specializations with emerging Scope: MBA specializations with emerging Scope MBA in Hospital Management MBA in Entrepreneurship MBA in Real Estate MBA in Information Technology MBA in International Business MBA in Communications MBA in HR. Scope in Hospital Management : Scope in Hospital Management With growing importance of healthcare industry across the globe, Hospital Management professionals have become very sought after. Also with private hospitals mushrooming all over, there is a need for not only skilful doctors but also efficient hospital managers and administrators Scope in Entrepreneurship : Scope in Entrepreneurship Entrepreneurial management programmes are designed not only for business founders, but also for investors, venture capitalists, and individuals who want to advance in their current companies Scope in Real Estate Management : Scope in Real Estate Management With increasing number of developers, projects, introduction of new formats, role of private equities and expansion of multinational companies, real estate industry has grown like never before. It is for this reason that demand for trained real estate managers is on a rise Scope in Information Technology Management: Scope in Information Technology Management With the expanded use of IT in all facets of business, the IT sector has seen an unsurpassed growth. An MBA in Information Technology will take your career to new heights. It will help you develop the skills you need to develop business competitiveness and interact effectively with executive management as a strategic business partner Scope in International Business: Scope in International Business This directly brings global business economy in mind. MBA in International Business equips candidates in dealing with problems related to multicultural and diverse situations in the global economy. If you want to expand your horizons in working in another country, or in an MNC, an MBA in International Business is the right direction for you. Scope of Communications Management.: Scope of Communications Management. Pursuing an MBA that specialise in communication. Prepares you for working in a media house, an advertising agency or a public relations firm. This programme will prepare you for mid- to upper-level management positions in these communication career fields Scope of Indian MBAs to work abroad.: Scope of Indian MBAs to work abroad. There are three standard ways in which those who want to work abroad can achieve their dream. Direct Recruitment: Direct Recruitment The first method is to get a direct recruitment into a foreign firm for an international location, which does not happen too often (only a small fraction of the class gets international placements). Internal Transfers: Internal Transfers The second includes internal company transfers (for example Microsoft, BMW, McKinsey & Co). Though such transfers have been increasing, they continue to be restricted by Chinese walls and the sometimes inferior treatment meted out to domestic Indian operations of multinational companies. Further study abroad- most common option.: Further study abroad- most common option. The third and most common option is to either study a second MBA degree from a reputed institute abroad or to study an advanced degree of specialization. One still needs to compete to gain an admission. The bigger issue is the significant investment required for a foreign MBA. The visa process is also not the easiest. Career Possibilities in Corporate Sector: Career Possibilities in Corporate Sector There are corporate that may offer you to join them starting with their leadership rotational programs for various areas like human resources, finance, technology, marketing etc. to expose you company’s culture, people, business and their needs. These programs aim at specializing you in specific area of interest in which you can contribute to the corporate. Typically, these programs are framed for the MBA graduates who have pursued MBA degree in General Business Administration. Career Possibilities in Consultancy Business.: Career Possibilities in Consultancy Business. The MBA graduates may also find out challenging career in either joining management consultancy firm or can start up their own consultancy business. Typically, consultants provide their valuable advice to firms, corporate and Government institutions who need access to the scope of expertise outside of their own organization. Consultation business is indeed very broad and challenging profession which meets professional goals and expertise. It requires knowledge and expertise of variety of areas. This professional career can be little stressful that require extensive traveling THANK YOU AND GOOD LUCK: THANK YOU AND GOOD LUCK

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