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.
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.
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.
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.
