Niche specialization in mbaPresentation Transcript
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Niche Specialization in MBA
MBA-Insurance (Actuarial) The insurance industry has seen a significant growth rate Year on Year of 15-20%, the Multibillion Dollar Indian Insurance Industry is headed towards astronomical growth. MBA-Insurance programme aims to train professionals to add value to this industry, while capitalising on its amazing growth. The degree many a times bares testimony to higher standards of integrity, technical competence and business capability on the target domain covering all ends of insurance from personal to general insurance. This makes it easier for companies campus recruiting as against recruiting a fresh MBA in general management and training him on products and Services a candidate with MBA- Insurance degree holds an upper hand, for obvious reasons.
Continue- Places of Work: Banks and Insurance firms Insurance predictive pricing companies Analytics companies (eg: companies engaged in predictive insurance pricing)MBA-Rural Management A boast able chunk of India's economic growth over the last couple of decades has been contributed by the more urban India, Now with a negligible population in the Metros as against all of the rural population, the scope of opportunities Rural India has to offer are practically limitless. To provide a forum to rural management professionals and practitioners having interest in rural development to strengthen teaching, training, research, knowledge exchange and policy proofing at the local, national and international levels; MBA courses with a focus on Rural Management were established.
Career Prospects in Rural management include challenging responsibilities in the rural co-operative sector, agri-business enterprises, micro-finance, food and agricultural marketing and management of agro products, Alternative fuels, alternative energy solutions etc are areas of work that one can look forward. Institute of Rural Management, Anand (IRMA) Xaviers Institute of Management Bhubaneshwar (XIMB) Indian Institute of Management (Ahmedabad and Lucknow) are some of the institutes providing courses in Rural and Agriculture Management Some of the big companies to work with would be ICT, TATA, JAIN Irrigation, Jaypee group, HUL, DCM etc.
MBA-Retail Management Well leave alone statistics just drive around in a 10 kilometre radius around your home and the number of Brand outlets and Malls that have sprung up in the last 5-6 years shouldn't be surprising. The dynamics of population concentration and movement within the country has lead agencies to lay down guidelines on new construction and commercial space norms. This ultimately has resulted in a paradigm shift in the business of retail. To cater to this fast changing and ever expanding business MBA in Retail Management focuses on addressing challenges of supply chain, sourcing, Marketing and above all retailing. Some of the biggest names in this industry would be Future Group, Tata- Infiniti Retail, Bharti-Wallmart etc.
MBA-Forest Management The course focuses on forestry as a sector, this involves managing natural resources and addressing the challenges of how you can provide livelihood to millions of people comprising of forest dwellers or forest fringe dwellers. The Indian Institute of Forest Management, Bhopal (IIFM) is one of the reputed institutes for Forest Management courses in India. Forest Management programs,teach a bit of general management and then specialise in the forestry sector, where it stands, implications of this sector etc.Job prospects: Carbon trading, Kyoto protocol, carbon sequestering, climatic change, global warming, etc. Consulting larger organisations on green technology is one of the key areas of work.
MBA-Telecom Management The Indian telecommunications industry is one of the fastest growing in the world. According to the Telecom Regulatory Authority of India (TRAI), the number of telephone subscriber base in the country reached 653.92 million as on May 31, 2010, With this the overall tele-density (telephones per 100 people) has touched 55.38. The wireless subscriber base has increased to 617.53 million at the end of May 2010 from 601.22 million in April 2010, registering a growth of 2.71 per cent. The tremendous growth in this sector demands a more focused management course tailored to address this exponential growth. Job prospects: would include devising strategies and managing existing facilities. As data is bound to take over voice traffic in telecom and India happens to be at the forefront of growth in number of users the scope to innovate is sky rocketing.
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