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Best Management Colleges in Ncr:Opportunities and Challenges.

By Pinky Sharma Subscribe to RSS | May 15th 2012 | Views:
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Management education in the country can roughly be divided into four groups. At the top are the reputed institutes and some university departments which have maintained the high quality of their education. The second rung institutes are those started by industrial houses, which offer some surety of a job after the course. The third rung is university departments which have not been able to impart quality education but can provide jobs in regional industrial groups. The fourth rung is those institutes which have neither the advantage of low fees of a university nor the backing of an industrial house. In recent times, a number of academics, retired people, politicians and others have started such institutes which remain essentially money making devices.

Rapid expansion of Industries in India has opened new vistas for excellent opportunities of careers in management. New Economic Policy of liberalization and decontrols has increased the demand for managerial personnel in the corporate sector. Advent of multinational companies, which has just begun, may further increase the quest of the industrial sector in all fields of management like Finance, Production, Marketing, Personnel and Administration.

The careers in management offer one of the best remuneration packages in the country, particularly in the private sector. Those who prefer Public Sector Undertakings (PSU) may join these undertakings at several levels. The managerial hierarchy and pay-structure in most of the PSU's is pre-determined and also includes some perks, though not as attractive as offered by the private sector.

MBA and Afterwards

Successful candidates join the MBA programmed and are then required to qualify all the prescribed papers. MBA degree syllabus usually has one project work and some on-the-job training. Successful completion of all these leads a candidate to acquire the MBA degree. First few years of managerial service are quite hard. At the beginning of their career, the managerial professionals have to establish themselves. This not only provides them with required skills and knowledge, but also gives them much needed self-confidence and self-satisfaction. Middle echelons of management. A truly challenging and competitive career, management must be chosen after detailed self-analysis and introspection by the candidates. Of course, for the right candidates with rich appetite for success, sky is the limit.

MBA: Opportunities Ahead:

Most degrees are obtained with the purpose of advancing your career prospects and job opportunities. But, the MBA degree is considered as the most valuable & lucrative post graduate degree in the world and has exciting career opportunities. People take the MBA program in order to further their careers in their current jobs or to get a better job on the basis of their MBA degree. With an MBA degree under their belt, employees have a whole new world opened up to them and are elevated to managerial positions on the strength of the additional abilities and knowledge gained through the MBA program. If you are looking for a change in careers, an MBA degree affords the following career opportunities:

Marketing: People who are in charge of marketing the goods or services of any organization need to be able to create effective marketing strategies and convey their message to people efficiently.

Finance: Those in the field of finance need to be quick thinkers, have high energy levels to stay abreast of the financial markets, and most importantly, need to have patience to deal with clients and explain things to them.

Government Jobs: People often live with the misconception that an MBA degree is only good for business because of its very name. But it can be very useful for a career in a government agency. Such jobs usually require you to be a big thinker and to be a team player.

Personal Business: Those who have their own business are known to benefit tremendously from completing an MBA program. But what is even better is that an MBA degree can give you all the relevant skills and abilities needed to start your very own enterprise and become an entrepreneur, thus giving you tremendous career opportunities.

Non-profit Organizations: An MBA degree can open up many jobs for you in non-profit organizations. Most people with this degree or those who are still pursuing this degree, do not give much thought to jobs in the non-profit sector as it is regarded as a ‘waste’ of their skills and abilities.

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Pinky Sharma - About Author:
Management education in the country can roughly be divided into four groups. At the top are the reputed institutes and some university departments which have maintained the high quality of their education. The second rung institutes are those started by industrial houses, which offer some surety of a job after the course.

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