Now a day MBA has become the most sought after degree for the younger generation. Having earned your technical degree, the MBA is the only course that equips you with the managerial qualities that not only give you a lucrative pay package and location, but also an advantage in terms of a management position while others are still fighting in the basic functional. areas

With the world having opened up so widely for trade, many new specializations have also emerged with outsized prospects.

MBARetail– the rise of the large middle class in India and similar trends in Brazil and China, a huge customer base of no less than 1 billion has seen global multinational companies enter the retail market in a big way. For a developing country like India, the retail industry is having a current growth rate of 8.5%. Around 325 department stores, 300 new shopping malls, and 1,500 supermarkets are currently under construction. This shows that there is tremendous room for growth in the Indian retail market. You can estimate very well the type of job opportunities that the retail sector will offer. After huge retail success in the US, global giants like Tesco, Metro AG, and Wal-Mart will soon enter these economies as well.

MBA International Business– Post liberalization and globalization, more or less all the economies of the world have opened their doors to international markets. This offers an excellent opportunity for companies to enter distant markets and make a profit. There is a high demand for qualified managers who are well aware of the international business scene where through their business acumen they can set up the company smoothly and profitably. Therefore, International Business has become the most sought after course as it is necessary to be well acquainted with the international business environment, diplomatic borders, legal practices, and international finance, marketing, and business practices.

MBAFarmacy– With the advent of the open economy concept, pharmaceutical companies are now seeking international subsidiaries to serve the world’s population. Especially after India and Pakistan signed the WTO agreement, many pharmaceutical giants are now gearing up for new drug development and delivery systems to cater to emerging markets. Another factor that has made this sector even more attractive is the rise of lifestyle diseases. Patients with diabetes, hypertension, and obesity are growing geometrically, and serving this growing patient base is a herculean task.

MBAFinance– Current business practices globally aim to make an organization highly responsive to ever-changing financial conditions. Organizations need to be very dynamic to smoothly adapt their balance sheets according to the business environment, so now Finance is not just about money management, it also includes fund generation, investment planning, acquisitions, stocks and the study of global financial trends. Strategically, financial management has also become a very important tool for deciding the long-term objectives of an organization. Jobs in this sector have become equally broad as more and more CFA, ICFAI, CS enter this sector to make it more dynamic and competitive.

MBA Banking and Insurance– The deregulation of the banking sector resulted in a tremendous growth of this sector as the quality of services has improved and more competitive companies have evolved worldwide, adding many job opportunities in this sector. The insurance sector has also been approved for private insurance companies under the IRDA Act 1999. The Indian insurance industry has shown an annual growth rate of 15-20%, while the banking index has grown at a compound annual rate of more than 51% since April. 2001 compared to a 27 percent growth in the market index. The major players are ICICI, Reliance, HDFC, SBI and the list is endless. These facts are obvious enough to demonstrate the scope of the banking and insurance industry in the MBA curriculum.

MBAHR– For a long time, HR was always considered as a recruiting payroll and training department. In recent years, human resources have begun to play a more dynamic role in organizational growth. Training has now been extended to behavioral aspects with increasing emphasis on honing individual brilliance. HRM has now become HRD. In addition to the internal department, the human resources industry has expanded into consulting firms and placement agencies. Major players like Ernest & Young, Mafoi, ABC Consultants, Datamatics have given the HR industry a new look and identity. This requires highly qualified MBA professionals with greater knowledge in understanding human resources and their optimal utilization.

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