career in management
Management as a word holds multifold connotations, but it does have a certain meaning as a field of career. In our age of technology, when we view our very global market, it is amazing to find out career opportunities in different fields of management, wherein human resources, financial resources, natural resources and of course, technological resources are used. In the field of management, one is taught to work with a team, in order to achieve some pre-defined goals and targets of the particular organization. Definitely, the field asks for some intrinsic managing traits, to excel. Logically, management can be done in every field, but generally, management is denoted to a career in corporate houses, hospitality industry etc., after pursuing popular courses such as MBA, PGDM etc. In today’s world, management is one of the few highest paid careers. The long and short of it is that at which level you can make the most out of your degree in management is unpredictable.
Course Details
Courses in management are offered mainly at undergraduate, postgraduate degree/diploma levels, by private and government management institutes. These courses are also taught through correspondence mode. One can also complete diploma management courses. Generally, a 10+2 pass candidate can pursue the undergraduate management degree (BBA, BBS, BBM, etc). For post graduation course (MBA), a graduate in any field is eligible. Courses at post graduation level are mainly offered with a specialization in the specific field. There is also Executive MBA programme, offered to working professionals. Part time management courses are also offered. In the field of management, one is offered courses of hospitality management, event management, business management, hospital management, sports management, media management and much more. Almost for every kind of known organized business there is a management course available. A course in management enables you to understand all minute and major aspects of business administration/management. Management aspirants are also taught to plan, organize, lead, monitor etc.
Career Prospects
After doing a course in the field of management, you can start own business or can aspire to work at managerial and executive levels in corporate houses and multinational companies. There is always a huge demand for management degree holders, in the major fields of management, as operation managers, event managers and hospitality managers. For working professionals, part-time diploma/certificate course in management can enhance their chances to climb the ladder of hierarchy in their job. Above all, a management degree is not only confined to corporate houses, but also it can get you a better chance in the government sector too. For example, you can work in the field of cost and finance management.
Institutes Offering
Some of the leading institutes for management courses in India are Indian Institute of Management or IIM (Its branches are in Ahmedabad, Calcutta, Bangalore, Lucknow, Indore, and Kozhikode), Bharati Vidyapeeth University Institute of Management and Research, New Delhi, Management Development Institute, Gurgaon, SP Jain Institute of Management & Research, Mumbai, College of Event and Management (C.O.E.M.), Pune and Symbiosis Institute of Management Pune.
Remuneration
Remuneration in the field of management largely depends on the organization structure and nature of work. After doing a course in management, one can expect salary ranging from Rs 8000- Rs10000, at the beginning stage. An MBA degree holder can be offered up to Rs 25000 in the beginning, at multinational companies. IIM graduates are offered decent salary packages, ranging from as high as Rs 8 – Rs 12 lakh per annum.