There is a strong demand for management graduates who have a flair for business and are adept at people management. Before managing somebody else, management students are taught how to manage themselves. The next logical step is to stop managing and start leading from the front.
Not all successful business persons hold a degree in management. However, a degree in management does give you the advantage to move ahead in your career.
Management studies involve the theoretical and practical part of running a business. The studies encompass areas such as marketing, finance, economics, operations management, IT, HR and much more. Students are also exposed to the ethics that need to be followed and management practices to be adopted, from a global perspective.
A PGDM degree awarded by a reputed B-School includes several other subjects that give a thorough insight into management concepts and techniques spanning a plethora of industries and professions. A popular course of study, the Global PGDM covers international business practices, and gives the students an opportunity to travel to many countries, learn new languages, business practices and cultures.
What you Learn at a B-School
It is at a great B-School that you pick up new skills in management and learn about the importance of teamwork and leadership. A management student learns how to interact with people, how an organization functions, and about the good business practices a manager needs to follow.
With proper mentoring by experienced faculty, students learn the nuances of management, honing their oral and written skills. This makes them adept at negotiating, and prompts them to take bold decisions and manage projects successfully.
The Best Jobs for Management Graduates
Students passing out with a PGDM degree specialize in various subjects like management concepts and theory, organizational behavior, business environment, marketing management, HR management and more. Most of the students do not find any difficulty in getting jobs of their choice, be it in sales, finance, marketing, HR or other sectors.
Recruiters always look for potential candidates with strong leadership and managerial qualities. They also look for candidates passing out from Top B-Schools as they know such students are molded properly.
Students specializing in the finance stream aspire to get placed at the leading MNC finance companies where they go through a rigorous probationary period before being posted in management positions in international cities. Those who prefer to specialize in marketing seek careers either as independent consultants or as marketing managers with leading multinational corporations.
There are specialized courses like the PGDM in Operations, Supply Chain & Logistics which open up exciting opportunities with supply chain giants in the retail sector. Today delivering orders on time, customer responsiveness and efficiency in costing play a significant role in the success of supply chain and logistics businesses that operate at global levels.
Students passing out with a PGDM in entrepreneurship prefer to establish their own startups (with able guidance from their mentors) or join their family businesses.
Continued Education
There are several students who prefer to pursue their post-graduation as they are keen to get a higher degree. Some prefer to pursue higher studies in a foreign country, and such students are thoughtful enough to select courses like PGDM + One Semester Abroad programs, which help them get used to studying in a new country.
Such opportunities help them build strong networks with foreign students and learn new techniques from the professors teaching at such universities. Interacting with international faculty teaching in leading universities located in the United States, Europe and parts of Asia.
Closing Thoughts
Acquiring the appropriate skills and mastering relevant subjects go a long way in launching you on a fruitful management career. Obtaining a degree in business and management studies guarantees a distinguished career spanning many sectors and industries. Care must be taken in choosing the right B-School, which can prepare you for the hectic life ahead in the highly competitive world of business today.
Learn more about various PGDM courses and the benefits they provide.
You might also find these articles useful:
The Difference Between PGDM and MBA