A degree of MBA is considered to be the gateway to careers in management. While choosing the area of specialization in management, the candidate must gauge their aptitude for a particular aspect of management.
There are various job opportunities in the field of HRM. All industries need to hire an HR administrator to settle and handle the activities regarding the hiring of employee, their benefits, compensation, salary settlement, training and development and maintain the work performance of the employee, and ensure that all activities is done as per the company policy. An MBA in HR Graduate can work in the industries, corporate, college and schools and MNC’s. It is a well paid field. A well experienced MBA Graduate in HR specialization can earn equivalent to a top notch banking professional. Some of the job titles of this field are:
- HR Generalist
- Staffing Director
- Technical Recruiter
- Compensation manager
- Employee Relation Manager
- Placement Manager
- Organisational Development and Change consultant
Changes in the rise of financial sector, a combination of opportunity and favourable economic scenario in India has made financial management became one of the favourite choice among students. Today with increased competition and state-of –the-art-technology the demand for advanced and accurate financial decision has risen in the house of business. A degree in finance has become all the more important and valuable for every organisation. This is evident not only in the international market but also in India which is fast emerging as rising economy.
The scope of MBA in marketing is very good in today’s market trend. An MBA in marketing is one of the oldest disciplines of management studies. If a student has an aptitude for and an interest in entertainment, media, promotions, advertisement, sales and general management field, then the MBA is appropriate for him. Marketing is the heart of any organization. With globalization, the trend of marketing has changed and augmented with the technological evolution in the world. An MBA in marketing involves the sales and services of the product, competitions and marketing trends of the business. Students who have done MBA in marketing have a lot of job opportunities in government and private sector. A marketing graduate can earn well in money, even more in career value and experience. Some of the job titles of this field are:
- Marketing Manager
- Brand Manager
- Asset Management
- Corporate sales
- Market Research Analyst
- Sales Manager
- Media Planner
- Product Manager
- Head of Digital Marketing
Employment opportunities in this field are wide in India as we are predominantly an agricultural economy. This opens a plenty of career paths for candidates interested in this field. Candidates specialized in Rural Management have ample of scope both in the government as well as the private. We all know that business potential is a direct function of challenges that surround us. With functional democracy we can be assured that government will stick to pro – poor policies and hence rural India will be the growth drivers for India. This will require talented and committed managers to marshal the limited resources to get the job done. Candiate specialised in RM will become Rural Managers. Professional of this field can alos apply in the government sector for the job of Village Development officer. Rural managers can also run their own NGO’s or can work for welfare schemes offered by UN, UNESCO etc. Rural Manager can work in Rural cooperative sector, Agri-Business enterprises, Agricultural marketing and Management of Agro Products. Major Private Companies that recruit Rural Managers are
- Tata Tele Services
- Sriram Group
Bottom line is know the sectors, build interest and choose your dream segment by matching your desire with your intellect – find the perfect match between your attitude and your aptitude!
So lets understand: As an MBA aspirant, we need to build a keen interest in MBA functions. You must read relevant business news and blogs. You should follow industry and functional reports world wide. The more you learn about the different functions in management, the better equipped you will be to crack a good B school interview.
Also, remember choice of a function ain't an absoulte truth in terms of being good or bad. An MBA function is good or bad for you - as nan individual. If you love numbers - Finance, if you love games/data - IT-Systems-Operations, if you enjoy being street smart and logically sound - sales and marketing, if you are hard on being disciplined and motivational - hit for HR ....lots of things actually, but you need to keep reflecting upon your habits and nature and choose a career accordingly.