Career Prospects After Pursuing a Business Management Course
Every year, India produces approximately 3,00,000 business graduates.
And the world of management offers multiple career opportunities for every prospect. This domain’s scope is broad enough to include every graduate and post-graduate aspiring to build a thriving career. However, this also means grave competition in the domain.
Every business management professional is by him/herself, which is why they need to stand out of the crowd to land the best career opportunities in the job market. This is where online business management courses come in handy. Every other professional is pursuing a BCom or BBA degree along with an MBA specialisation.
- How can you stand out?
- How can you offer something that other prospects are not?
An additional certification on your resume can help make your resume more lucrative, making you an in-demand professional.
Moving on, let’s have a look at the career prospects of business management.
Scope of Business Management in India
There are multiple domains you can land a job in after pursuing a business management course, like:-
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Banking & Finance
Ranging from portfolio management to security & investment analysis, you can land a job in any facet of banking and finance. You’ll be eligible to apply for jobs in banks, financial institutions, insurance companies, security firms, etc.
As far as private banks are concerned, all you need is a well-rounded education and requisite skill set. However, to land a job in public sector banks, you’ll need to clear recruitment exams conducted by respective banks, including group discussion rounds, personal interviews, written ability tests, etc.
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Investment Banking
In recent years, the investment banking domain has become one of the most lucrative and in-demand areas. As an investment banker, you’ll be responsible for connecting investors to organisations looking for funding.
If you are aspiring to gain in-depth knowledge into business management, online business management courses are recommended. However, if investment banking tickles your fancy, consider enrolling for a specialisation course in banking and capital markets.
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Management Consulting
If you possess excellent problem-solving skills, the management consulting domain is ideal for you. As a management consultant, you’ll be responsible for solving organisational issues. Furthermore, you’ll also be required to embrace fresh ideas and new problem-solving methods.
Sounds interesting? You can enrol for the IIM general management course and kickstart your career in this domain.
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Entrepreneurship
In India, there is a high percentage of professionals who pursue credible regular or online business management courses intending to start their own business. In fact, in the last decade, entrepreneurship has become one of the most sought-after options among business management graduates.
What’s more, there are no minimum eligibility criteria to become an entrepreneur. Creativity, innovative skills, and capital are all you need to excel in this career. A credible course, be it in business management or general management can help you understand the importance of business-level strategy, enhancing your ability to develop plans for your own company.
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Data Analytics
Digital revolution has given birth to technologies like big data, machine learning, and artificial intelligence. And this means a massive amount of data is being generated by organisations worldwide. Companies are always scouting for professionals who can analyse this data and provide insights for decision making.
Online business management courses can give you a kick-start. However, if you are looking to thrive in this domain, you must pursue a specialised certification in data analytics.
These are just the broad domains you can pursue a career in. To gain comprehensive knowledge, read on to find out more about the jobs you can land industry-wise:-
Career Opportunities in the Service Industry
- Customer Relationship Manager
- Customer Care Executive
- Event Manager
- Front Office Executive
- Health Service Manager
- Retail Manager
- Sales Coordinator
- Service Manager
Career Opportunities in the Finance Industry
- Accounting Professional
- Auditor
- Business Development Trainee
- Credit Appraisal Officer
- Economist
- Financial & Investment Consultant
- Finance Officer
- Financial Risk Managers
- Financial Analyst
- Investment & Banking Associate
- Investment & Insurance Advisor
- Investment Banker
- Sales Analyst
- Stock Broker
- Tax Accountant
- Treasury Manager
Career Opportunities in the Human Resource Development
- Compensation Manager
- Employee Relations Manager
- HR Generalist
- Placement Manager
- Staffing Director
- Technical Recruiter
Career Opportunities in IT and Management
- Analytics Manager
- Business Development Manager/Executive
- Data Processing Manager
- Marketing Manager
- Project Manager
- System Manager
Career Opportunities in Business Analytics
- Business Analyst
- Computer Systems Analyst
- Data Scientist
- Healthcare Analyst
- IT Analyst
- Market Research Analyst
Career Opportunities in Marketing
- Account Manager
- Marketing Analytics
- Marketing Manager
- Sales Manager
Skills and Education You’ll Need
- Interpersonal Skills
- Communication and Motivation Skills
- Organisation and Delegation Skills
- Forward Planning and Strategic Thinking
- Problem-solving and Decision-making
- Commercial Awareness
- Mentoring Skills
- Domain knowledge, which brings us to the next point…
Education
Yes, a business management course like BBA or BCom is a must. You can enhance your compensation and career prospects by enrolling for an MBA program for an accredited university. However, with the amount of competition in this domain, you need every edge you can get.
This is where online business management courses come in. By exposing you to business trends and the latest international business strategies, these courses aim to provide a 360-degree understanding of the domain.
One such online course experts recommend, and you can rely on is the IIM general management course. Yes, it is a general management program, but that’s the best part, it covers every ground ranging from business management to financial management, data analytics, marketing management, operations, supply chain management, and strategic management.
So you’ll not only uncover every integral facet of management but also gain the opportunity of learning from the best IIM faculty. That’s right; the sessions are curated and delivered by the IIM faculty.
Bottom Line
Investing your time, money, and energy on management degrees is worth it. With more and more specialisations being offered by institutions, you can explore your options and work with the best of companies.
A well-rounded education and an advanced skill set are all you need to thrive in today’s business world. Well, apart from all the skills you’ll need to acquire time and time again, considering the evolving technologies and trends. However, once you take the first step, everything else will fall in line.
So think no further and look no further, scour the world wide web for the IIM general management course offered on the Talentedge platform, enrol yourself, and make your way towards a thriving business management career.
More Information:
The A-Z of Business Management
What is a Business Management Course?
Best Business Management Tools/Software in 2022
What are the Essential Skill-Sets for a Career in Business Management?