| Business Management is todays one of the most sought-after careers. For aspirant in the employment market, this has opened limitless opportunity in diverse spheres with the promise of rewards in the form of good remuneration, status and scope for professional and personal growth.
MBA, an advanced university degree in business studies, is the most sought-after business programme in the world. MBAs can specialise not only in Business Management and Industrial Administration but also in other areas such as Health Care, Administration of public Enterprises, Computer Management, Labour Management, Rural Management, Financial Portfolio Management, Personnel Management etc.
Management is nothing but controlling and coordinating the work of other people in the organisation. The manager administers the resources in such a way as to maximise efficiency and increase output. The field offers specialisation in various branches of business like Sales & Marketing, Finance, Personnel or Human Resource, Production, Planning, Construction etc.
Finance Managers
They administer the cash flow, evaluate the financial health of the company and assess the future prospects of the business.
Marketing Managers
Marketing Managers study the marketability of the product and implement measures to increase sales.
Personnel Managers / HR Managers
The duty of HR Manager is to interview and recruit personnel, handle wage and salary administration, handle union management relations, oversee personnel training etc.
Operations Managers
Operations Managers help to enhance the productivity and performance of an organisation. Their duties revolve around inventory control, personnel schedules, resource allocation, product mix and distribution systems.
Systems Manager
Systems Manager uses Information Technology resources to achieve organisational goals.
Export Managers
Export Managers deal with the professional handling of international business. They are concerned with negotiating and expediting business transactions.
There are also other specialisation programmes like International Business Management, Environmental Management, Public System Management, Technology Management, Operational Research, Forest Management, Hotel Management, Hospital Administration, Rural Management, Disaster Management, Event Management etc.
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