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Scope of MBA

Updated: 10/10/2023
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12y ago

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The scope for a MBA graduate is unparalleled. Apart from attractive pay packets and placements being offered at college-level itself, it opens doors to various sectoral opportunities. The corporate world has seen many MBA professionals occupying top slots in the corporate ladder.

Today, a Management Degree has become an attractive proposition, as there are attractive entry level salaries (including $ salaries offered by some MNC's) and typically, a Management Graduate gets absorbed into a Company through the Campus Placement Program of the Institute. The MBA Program offers a lucrative career option to both experienced professionals as well as fresh graduates.

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15y ago
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16y ago

The BBA program aims at developing a student's intellectual ability, executive personality and managerial skills through an appropriate blending of business and general education. The program assists the student in understanding and developing the unique leadership qualities required for successfully managing business functions, an organizational unit or an enterprise. The specific objectives of the program are to: - produce up-to-date, assertive and effective executives for business and other organizations, and - prepare students for higher studies in business at home and abroad. While this course provides an overview of business management in a nutshell, it doesn't offer much scope by itself, unless you follow it up with a good MBA. After which you will start off as an executive or assistant manager in any of the business organisations, manufacturing companies, export or trading houses, financial concerns, banks, NGOs, PSUs or multinational corporations. In the private sector, promotions are essentially based on your efficiency and enterprise, while in the public sector, seniority is the determining factor. Needless to say, the kind of job you will get and the salary you will be offered will to a large extent depend on the reputation of the B-school you graduate from. Hope this has answered your question.

Thanks, Sameer Khan

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12y ago

The scope for MBA is very wide. Its upto the candidate to dream and explore the possibilities of capilising the qualification and competencies gained. Employers in the current times are interested in candidates who would apply their common sense creatively and strategically to respond to the challenges of reality. If you think you possess this quality, you should feel confident and proud. You should also be with freshersresumes.com. freshersresumes.com is the GenY platform for career development.

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The Bachelor of Business Administration (BBA) is a bachelor's degree in Commerce and business administration.The Bachelor of Business Administration (BBA) is a graduate level program in the field of business administration. This degree is given to students who accomplish their 3 years of study in this field. Many educational institutions within our country offer students with this course.Those who have finished their education in this field have the scope of getting good jobs in India as well as in foreign countries. More particulars about the career opportunities available for BBA graduates in India and abroad is mentioned in detail below.

Aspirants can take up any of these fields as their specialization:

Accounting

Entrepreneurship

Finance

Human Resource Management

International Business

Legal Management

Management

Management information systems

Marketing

Operations management

real estate

Supply chain management

Tourism management

Career in Private sector after Bachelor of Business Administration (BBA)

There are quite a lot of fields where BBA graduates can get good jobs. To get jthese jobs, it is required for aspirants to have a good English knowledge. Besides this, they also need to have a passion towards their field of study.

BBA graduates can get jobs as executive trainee or management trainee with any of the sectors mentioned below:

Advertising Agencies

Banking

Finance

Consultancy

Consumer Durable Companies

FMCG

IT Companies

Those who wish to work as well as study simultaneously can do part time jobs and take up correspondence courses for their advanced studies. Before they apply for any of these jobs, aspirants can go for spoken English classes and improve their spoken English skills. This will prove to be very beneficial for them in their future.

Government Career after Bachelor of Business Administration (BBA)

Students who have completed their course in BBA can get jobs with the state and Central governments. For getting jobs in either of these sectors, students will need to appear for the UPSC exams like Combined Graduate level exams and the PSC exams. They can also appear for the Civil Service examinations. Many government banks also conduct entrance exams for the recruitment of candidates. BBA graduates can apply for these tests as well. The notifications for these examinations will be available in all leading Indian newspapers. Details about them can also be got from the internet.

Job Prospects Abroad after Bachelor of Business Administration (BBA)

Graduates of business management can get jobs in foreign countries too. Lucrative jobs can be achieved by them in the Middle East and European countries. Financial establishments, advertising agencies and prestigious IT firms will recruit graduates of Business Management. Graduates of BBA will have much better job opportunities if they have a PG degree in management.

Harish (Counsellor at MGU )

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13y ago

MBA finance helps organization to manage the finances of the company effectively. MBA finance professionals do study of market economics, investment strategies, raising capital and its effective utilization. An MBA Finance degree offers a much wider scope of career enhancement and prospects compared to other accounting degrees, as it covers various aspects of accounting and managing finance like investments, securities, business, banking and risk management. Main role of the financial manager is to oversee financial reports which help the company with decision making, business development, strategic planning, and alliance management.

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14y ago

The following was written by Wharton College Pennsylvania. This should help. Why an MBA The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand. Skills These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities. Networks An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories. Brand The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.

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The following was written by Wharton College Pennsylvania. This should help.

Why an MBA

The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.

Skills

These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.

Networks

An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.

Brand

The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.

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10y ago

in mba banking

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Scope of MBA in business?

Hi,After MBA there is a lot of scope which you can get. MBA is a course which is related to business management studies. If you have a business, then MBA is the right choice to carry forward your business. One can also work in an MNC after doing MBA. the scope and avenues is vast.


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