The immediate answer to the question "what after graduation", without any second thought or hesitation would be - either an MBA or something
http://kirandeshmukhblog.website2.me/mba
1. Master of Business Administration
Management
Pursuing education after graduation has become more of a
just a trend. This is more so due to the globalisation and nee
ever-increasing dynamism in the corporate. There is also
between the jobs available and the need for trained professio
and more young aspirants are equipping themselves with all t
succeed in this competitive environment.
The immediate answer to the question "what after graduation
second thought or hesitation would be - either an MBA or so
in computers; as both these fields have become one of the most lucrative and promising careers.
The knowledge of computers is essential, irrespective of the field chosen. But students aspire to do MBA in order to get equipped
knowledge of business administration and later get a lucrative job. This is so mainly because Management provides a solid
facing the challenges of a rapidly changing and highly competitive business environment along with a broad portfolio of busine
and knowledge.
Management degree depends more on the weightage it carries rather than on the glamour that it portrays.
Specializations & their Scope
According to Prof. Dr. Anil Naik, Management Consultant, Sudit
Consultant " IIM Calcutta started with general management with no
specialisation. The idea was that generalists can handle organisational
issues relevant to the closed economy but now as the economy is become
more dynamic, liberalized and very specialised to handle, there is a need
for specialists. General management are like General Practitioners where
the diagnosis can be done but when the matter goes beyond, a specialist is
required to solve the matter, therefore the need for specialisation”. Most of the Management programs offer specializations to stud
explore and exploit their area of interest and ability. In general the specializations offered: Marketing, Human Resource, Operatio
Finance. These specializations do not, or should not end in merely becoming designations i.e. Marketing Manager or Human re
and so on, but they should be viewed from the perspective of their functionality. There is a typical mentality found while
specialization. The factors that play an important role in choosing the specialization – Interest in the job, the assumed profile
market trend. It is very common for anyone to visualise a typical marketing person to be in field or someone from the hum
perform more of administrative jobs or someone else specialised in operations to be on the shop-floor with gigantic machines. T
not the whole truth. To understand any concept it is essential to get the fundamentals right in place in order to ensure success in
profile of the job taken up later would depend largely on the Industry (Banking, Hotels, IT, Consumer Products, and so on)
organization and the products and the location from where the operation (rural, urban, semi-urban, metro or even any place inte
to be taken place. Needless to say the fundamentals may remain the same, but the applicability of the concepts differ from indu
and product to product.
2. The scope of each is fast growing vis-à-vis their functionalities.
viewed from a broader perspective by exploring new avenues o
Supply chain management and logistics is the new buzzword t
increased the scope of all the students aspiring to specialise in O
narrowed down their choice of placements in pre-dominantly
organizations. With the growing employee turnover rate, the HR
has become very challenging with respect to retaining the employ
finding out new ways to attract better potential to join their or
consulting has become one of the most promising options especial
by in depth knowledge and a strong practical experience. With the advent of newer advancements in technology, it is essenti
specializing in Systems or E-business to have thorough understanding of the working of all the aspects of the organisation in ord
implement proper methodologies. This obviously goes beyond just having an inclination for computers. Finance has always
choice of those who had the natural inclination for numbers. But now, it is essential to have an aptitude, which would help a stu
a job with Consultancies, Mutual Funds along with finding employment with the traditional areas. With the increase in com
products, creativity and innovation has become the need to Market product. The bonus of the traditional marketing person has in
This is just about the work related to traditional specializations, but there has been a considerable increase in the areas of specia
aimed to cater to the growing needs of the industry.
SCOPE:
With the upsurge in the number of MBA’s, often there is doubt regarding the quality of the professionals, the competition it w
limiting the scope. But an MBA's true worth lies in three areas: educational value, relationship development and access to opp
broaden the avenues of progress. Prof. Anil Naik adds, “The attitude for risk taking, knowledge and skills and the ability to attu
the changing environment will be the key to sustainability”.
The knowledge acquired during the program, the ability to understand and be comfortable in a high-level business environm
crucial role in moulding the students into ‘future managers’. Not only do most of the good MBA a program increase the self-
personal effectiveness of the person concerned but also provide them with a positive attitude along with a deep understanding of w
to make organisations successful in addition to enhancing the quality of personal life, to a great extent.