Career Opportunities After Completing PGDM

Today,PGDM Program is the most popular amongst the young people because it provides them skills and frameworks that are essential for advancement of your career as manager. By earning this PGDM an individual can broadening his educational horizons. It also prepares him for the leadership positions. This program provides us knowledge about various subjects such as accounting, economics, finance, operations management, marketing, organizational behavior and project management and many more. So we can choose our interested subject and can make our career in our interested field. PGDM is a two years post graduate diploma program that brings a lot of career opportunities for everyone.

Government - Corporate - NGO

Government Jobs

Many of us usually think that an PGDM is good for business man to develop his business. But after completing PGDM, we can also a decent Government job. For Government jobs, we should be a big thinker as well as a team player too. This program is very useful for a career in a government agency.

Corporate Sector

Marketing
People, who want to build their careers in the field of marketing, you should be able to create effective marketing strategies as well as good communication skills for conveying their messages to people more efficiently. An PGDM program provides theoretical knowledge and practical marketing skills to its students.

Finance
For making a career in finance, one should be quick thinker, having high energy levels and require having patience to deal with clients. PGDM in Finance is the best way to determine, if you want to build a successful Career in Finance.

HR

Human resource Management or Personnel Management is a specialised field exclusively for management graduates. It require them to fulfill the responsibilities of hiring, maintaining and motivating the employees.

Non-profit Organizations

After completing PGDM, we can also find a good job in non-profit organizations too. It will be very good for us in the involvement of non-profit organization. As an PGDM graduate, it will be very rewarding for financially and emotionally that our talents are making a positive difference in people lives.

Jobs & Career Opportunities After PGDM

With a PGDM, you are destined to have a great career. There are many career choices in front of you, below are some of the best careers you can consider. They belong to various different fields as with a PGDM, you get the advantage of choice. Here are some careers to consider. 

 

Business Consultant

The consultancy industry has witnessed a sea change over the past few decades and it is booming like never before across the globe. This industry has created immense job opportunities for management degree holders who have specialized knowledge within a particular subdomain of the management field. As per the latest trends, top national and international companies are hiring candidates directly from the colleges and universities that are offering the PGDM program. As a management student, you will be trained keeping in view all the requirements of the industry. You will develop-

•             The ability to provide consultation in the most crucial management related matters.

•             Critical and analytical thinking.

•             The ability to lead, and

•             The zeal to take ownership of your actions.

Investment Banker 

The main job of an investment banker is to help companies raise money. Invest bankers are hired by other companies to be their financial advisors and help them grow their company from one level to another. Invest bankers may also provide advice to individuals, but their services are not cheap. But this is quite rare. Their services are mostly reserved for companies and even governments. You will learn about all the financial markets in a country and should know how to raise capital without putting the company, the lender or the financial market at risk.

Brand Manager 

The brand is the identity of a company that people can recognise and relate to. And brand managers are the people behind brand creation and brand perception. Their main job is to create a brand identity for the company they are working for. From creating logos and designs to creating brand communication, they are responsible for how the brand is represented in the media. They also have to develop future marketing strategies and create a positive online perception of the brand.

IT Marketing Head 

The main job of the IT marketing head is to market the company’s IT products. Most IT companies develop IT related products and services, and the marketing head ensures that these products and services are known to other companies. However, to be able to know these products and services, they also have to be IT and technology experts. They also have to play a role in the development and packaging of these products and services. This may require them to travel overseas to different countries. An IT marketing head has to be an expert in international business laws. 

Hospitality & Tourism Manager 

One of the world’s most thriving industries is hospitality and tourism. Sometimes, hospitality management and tourism management can be two completely different things. Hospitality managers are usually part of hospitality-based businesses like hotels, restaurant chains, resort and amusement park franchises and more. Their main job is to ensure all guests are comfortable and well looked after. They also have to resolve customer complaints and take feedback on how to improve hospitality services. They are also in charge of quality checks and controls. They are responsible for  creating tour packages and itineraries to ensuring the smooth execution of a trip, they are the ones responsible for people having enjoyable tours. They have to manage all the people involved in a tour and ensure there are no issues.

Sales Manager 

Sales are what drives business, and it is probably the most important department in the business. Sales managers are people in charge of the salespeople and department. They have to manage all the teams and ensure they are making all the sales targets. The managers set targets for the sales teams and have to help make sales strategies. Sales managers also have to work closely with the branding and advertising department to ensure the right communication is being presented to the public. They are also an important part of the product and service packaging.

Business Development Manager

As the title suggests, business development managers are responsible for business development. Their position does require a bit of sale and marketing, but they have other responsibilities as well. Along with increasing sales, they also have to ensure the company and its operations are growing and improving. Business development managers have to look for potential customers and new markets they can expand into. They have to attend trade fairs, conferences, expos and more where they can further the business.

Marketing Manager

Marketing Managers hold a pivotal role in an organization's success. They craft comprehensive marketing strategies, analyzing market trends, consumer behavior, and competition. These professionals possess a blend of analytical skills and creative thinking, allowing them to create effective campaigns that boost brand visibility and attract and retain customers. They work on various aspects of marketing, including market research, advertising, and product positioning.

Digital Marketing Manager

Digital Marketing Managers specialize in online marketing channels in today's digital age. They are experts in optimizing websites for search engines (SEO), running effective social media campaigns, email marketing, and overseeing online advertising. Proficiency in a range of digital tools and platforms is crucial for success. These professionals are adept at data analysis and constantly adapt to evolving online trends.

Retail Manager

Retail Managers are at the helm of the operation of retail stores. They manage staff, inventory, and customer service. Their ultimate goal is to ensure that the store meets and exceeds its sales targets. Success in this role requires strong leadership qualities, excellent customer service skills, inventory management, and a knack for visual merchandising.

Operations Manager

Operations Managers are responsible for optimizing an organization's daily functions. They evaluate and enhance processes to ensure maximum efficiency and productivity. Strong analytical skills are necessary to identify areas for improvement. The focus extends to supply chain efficiency, quality control, and cost optimization.

 Risk Analyst 

Mitigating risks is one of the most important jobs in any business, especially in times of market volatility. The risk analyst’s main job is to analyse risk in the market and prepare reports and strategies to circumvent the risks. Business decisions based on analysis have proven to be far more effective, making the job of a risk analyst that much more important. They have to prepare detailed reports on the markets, stating all the risks involved. They have to be adept at all forms of analysis like PEST analysis and SWOT analysis. They also have to be proficient in using the latest risk analytics software.

Financial Analyst 

The financial analyst analyses the financial standing of a business. It’s their job to look after all the financial dealings of the company and make suggestions for improvement. They are also in charge of the accounting and finance of the company. They have to study the market and make detailed reports based on which the company management can make decisions. They also recommend investments to their companies. Independent financial analysts can offer their services to anyone, and charge a fee for their services. 

Communication & PR Manager 

The communication & PR manager is responsible for all the communication put out in the media by the company. They are the ones who create this communication along in consultation with the senior management. They have to represent the company in media and even conduct press meets and press conferences. They have to ensure that the company always has a positive representation in the media. 

In case there is any negative publicity, the communication and PR manager has to ensure to counter the negativity and get all the correct facts out. They also manage the social media accounts of the company. Online reputation management has become an important aspect of any business, and the communication & PR managers have to be adept at handling this new phenomenon.

Supply Chain Manager

Supply Chain Managers are crucial in efficiently moving products from procurement to distribution. Their primary objective is to optimize logistics and inventory systems, reducing costs and enhancing efficiency. Strong organizational skills and analytical thinking are vital to excel in this role. They need to manage complex networks of suppliers, production, and distribution channels.

Healthcare & Hospital Manager

Healthcare & Hospital Managers are pivotal in the smooth operation of healthcare facilities in the healthcare sector. They are responsible for ensuring compliance with complex healthcare regulations, maintaining high standards of patient care, and managing budgets. A deep understanding of healthcare management and regulations and strong organizational skills are fundamental for this role.

Project Manager

Project Managers are responsible for guiding projects from initiation to successful completion. They must oversee resources, budgets, timelines, and teams to meet project objectives. Exceptional organizational and leadership skills are critical in this role. Project Managers often work in diverse industries, managing projects from construction to IT implementations.

Business Management Faculty

There is no dearth of people who still link business degrees and diplomas only with managerial or even executive-level jobs. But, the scenario is completely different. Teaching is also one of the most respected and rewarding career options. Over the past two decades, the number of management colleges and institutions has gone to a new high. It is because of the ever-growing demand for trained management professionals from across the industry sectors. This is why the demand for qualified and trained teachers in India and across the globe is always on the rise.

 

New Field Of PGDM In Business Analytics

The new emerging field of PGDM In Business Analytics offers the following opportunities. 

·         Data Scientist

The responsibilities include analyzing and incorporating the data to establish current trends in business. In simpler terms, the work that you do should help the company in maneuvering its overall performance. A data scientist should be well acquainted with information technology to comprehend and come up with the solution required in a short duration of time. 

·         Market Researcher

Here the main role is to assess the market conditions to determine whether a service will thrive or not. As experts, you will help businesses in deciding what services the consumers are looking out for and at what rate. 

·         Management Analyst

As a management analyst, you will be responsible to contribute to a business’s maximum usage of profitable resources. For this role, you need to have great communication skills, as well as a persuasive personality. 

·         Relationship Manager

Your main responsibility here will be to advise clients in either retail or consumer banking. This would include everything from serving clients with account facts and figures to providing financial investment support.

·         Customer Service Analyst

This particular job includes analyzing a service department’s functioning and recommending tips to boost their efficiency and in turn deliver client satisfaction.

·         System Analyst

Your role here is to make sure that the computer’s performance is well maintained and improved as and when required for its clients. Here it is required for you to have precision reasoning and the ability to explain complex ideas to others as this is the main foundation of this career path.

·         Business Analyst

This role requires you to do more than just analyze the data! You should be able to find new ways to boost the client’s profits, manage resources, and map out a system that is in line with the client’s current demand.

·         Logistician

As the name suggests you will be responsible to oversee purchasing, shipping, and the management of inventory. You will be directing the movement of a variety of products, supplies, and services.

·         Sales & Market Analyst

You will be responsible for keeping an eye on the dynamics of the stock market and the supply-demand chain. The most crucial part here is to be able to sell the company’s product/service as much as possible.