Specialization MBA
- Posted by admin
- Date June 23, 2020
Human Resource Management (HRM) is the backbone of any organization in creating a skills and knowledgeable workforce. HRM plays a vital role in managing people strategically and enhancing work environment in companies. It is also responsible for optimizing the employees’ performance and productivity. The profession of HR is getting transformed to create future work places for employees. HRM specialization provides students with the knowledge and the key skills for entry level positions and careers in the HR functions of organizations. Working in HR is good career choice as it provides excellent longevity in the changing job market.
Human Resource Management focuses on Recruiting, Training and Development, Managing workforce regulations, Compensations and benefits, Assessment of performance, Labour laws, Health welfare and safety assessment.
Department offers HRM specialization to equip the students with necessary competency which provides them excellent opportunity to get placed in renowned organizations. Following courses are offered as part of HRM specialization.
- Personnel Growth and Interpersonal Effectiveness
- Organizational Change and Development
- Training and Development
- Strategic Human Resource Management
- Industrial Labour Legislation
- Industrial Relations
- Managing Knowledge Workers
Based on the knowledge acquainted from the above courses students are given opportunity to carry out internship and projects which helps them in getting corporate practical exposure which paves way for their future placements.
The changing dimensions and expectations in the corporate sector reflect the increasing role of “skill equipped marketing management paradigm”. Marketing is one of the trending specializations of Master of Business Administration (MBA) course. Therefore, expectation from the industry has been to steer the team (sales and marketing) through qualities like leadership, analytical skill, communication skill, ability to integrate programs or ideas, understanding of business ethics etc. Marketing management is an indispensable, immense and ever-growing field. Job opportunities grow proportionately with competition. Some of the growing areas for placements in recent times have been in retail, tourism, banking, hospitality, media, advertising, consultancy, market research etc.
Therefore, marketing management course focuses primarily on studying changing customer behavior and potential markets in order to gain insight into the issues of demand and supply and trade(both domestic and international).Marketing coursework is centered on placement -led research, with project work to demonstrate what the students have learned during their MBA journey. Internships are part of the course to get students familiarized with the modern corporate environment.
Typically, marketing management students will be exposed to get insight into following responsibilities
- Corporate sales and marketing
- Brand management
- Market research analyst
- Sales manager
- Product manager (Nichesegment)
- Digital marketing
- Media planner
- Product launch to branding
- Business development
- Training sales team
- Strategic thinking
- Problem-solving though analytical skills
Master in Business Administration (MBA) in Finance stream imparts knowledge on management, control and review of the collection, investment, and resources of money. This course, MBA Finance, opens up various opportunities for students in the financial world allowing the aspirant to learn to analyze the company's reports, forecast economic trends, how to maximize the stock values, balance risk and profitability, and at last investment portfolio management.
There is no dearth of opportunities after the MBA Program with specialization in finance, some of the careers that you can choose are: Financial Analysts, Investment Fund Managers/Investment Bankers, accounting manager, corporate controllers, insurance and risk managers, manager consultants, investment banking associates, etc. The scope of MBA in finance is tremendous and offers good job opportunities with good pay packages, subject to the skills of students.
Q&A
Q#1: What specialization do I choose?
Part of doing an MBA is knowing which specialization you want. That depends on what you want to do after your MBA. If you still don’t know what you want to do, then it’s time you began thinking!
If you are just out of college, then choose a specialization that you know will give you job satisfaction. It needs to be an area you are interested in & one where you know you are eager to possess decent skills. If you have work experience, then you probably already know your field. If you don’t, then you need to get some serious advice, identify your goals and map out a rough career plan.
Q#2: How tough MBA in finance?
Well, it is not tough, it’s our thinking about that, earlier time, people think that finance is tough. It is not tough, it is our mind to understand the things. everything is possible if you have a courage to do anything, I would like to give you one suggestion that you can always go with your interest.
Q#3: what are the areas students exposed to MBA in finance?
The MBA in Finance exposes students to the concepts of corporate finance, budgeting, cost control, investments &securities, and working capital management, IFM, Derivatives among other areas of financial management.
Q#4: what are the carrier opportunities after MBA in finance?
- Accounting Manager.
- Credit Managers & Specialists.
- Financial Analyst.
- Corporate Controllers.
- Finance Officers & Treasurers.
- Insurance & Risk Managers.
- Investment Bankers.
- Investing Sales Traders & Associates. etc
Q#5: What do finance degrees cover?
Finance degrees usually cover a combination of technical and theoretical knowledge, including the basic finance skills you will need to enter finance careers. You will learn how wealth is measured and also how finance influences and shapes the way companies behave. Economics and statistics are also covered, since they are crucial to the understanding of finance. Other important finance topics which will probably be taught include accounting, mathematical methods, macro and microeconomics and information technology.
In the light of Companies Act 2013, Corporate Social Responsibility has emerged as a profound area of Management with assuring opportunities and growth.
CSR provides opportunity to develop the career which is protected by Law. By virtue of its remarkable national standing of Companies Act 2013, Corporate Social Responsibility (CSR) has become mandatory. 2073 companies (plus 110000 industries) come under the ambit of CSR. This will create more than Rs.27,000/- crores yearly which is directly going to benefit the NGO'S and the other foundations by funding their CSR activities. Companies are expected to create more than 50,000 jobs in the next few years to come in the CSR sector. As such, graduates in this field can fetch very good jobs. Keeping this in mind, the specialization in CSR is being offered in the MBA program.
This specialization is aimed at shaping the students to become dynamic tourism and hospitality professionals. The specialization is offered in collaboration with the Tourism and Hospitality Management department which has the state of the art infrastructure to train the students.
TThis department is attracting many students to pursue quality education in the field of Tourism and Hospitality. The department has highly qualified and experienced multi disciplinary faculty.
TTourism is a major global industry. It is the second largest industry in the world, in terms of creating employment and generating income. It is the fastest growing industry of the world and is the main source of foreign exchange earner in many countries and regions around the globe. It provides employment to 285 million people all over the world and 10 million jobs are added every year. India being a beautiful country, Travel and tourism industry is one of the largest foreign exchange earners in the Indian economy. It provides scores of employment opportunities directly to the people associated with this sector. Being a very wide field, the scope of employment in tourism sector is very bright and the potential is still largely untapped. Unfortunately, the industry is devoid of qualified professionals. This is where the specialization aims to develop a talented pol of professionals to bridge the gap.
