Management
Coordinating and administering of various jobs for the fulfillment of any goal or aim is called Management. Undoubtedly, management is a very vast and varied profession offering wide variety of career opportunities right from consulting, entrepreneurship, human resource, general management, operation management to strategic planning. A person involved in the field is responsible for forecasting, planning, organizing, commanding, coordinating and controlling the processes of the organization for the effective internal as well as external functioning by managing people as well as resources.
Role Desciption
Management professionals are responsible for defining and shaping the business strategy and vision of an organization. Executing the planned strategy in coordination with other team members is their responsibility. These professionals provide specialized advice to enhance the profits of an organization and clients. They also work on departmental professionals’ goals. They general activities that management professionals carry out may include manufacturing of products and offering services, and discussion with executives, staff members and board members on daily operations of an organization. They also develop marketing strategies to target the prospective consumers, discuss contracts and agreements, and bring together the needs and demands of the clients and stakeholders in making project report. Recruiting and appointing heads of various departments and managers and supervising the performance of various staff members are some of their significance responsibilities.
Eligibility
- 10+2 in Any Stream, or Science/Commerce
- Graduation in Any Discipline for 3-5 years, or B.Tech/BE for 4 years, or Graduation in BBA/BMS/B.Com for 3 years
- PG Diploma in Management/ MBA (various specializations) for 2 years
Significant Statistics
- Eligibility Criteria for admission to major colleges is minimum 50% in 10+2
Pros/Cons
Pros
- Lucrative career prospects
- Wide areas of career choice
- Authority attached in managing a team
Cons
- Difficult to balance work life
- Huge competitive field
- Extended work hours
Leading Professions
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Sales Manager
One who sells products and services to potential customers is a Sales Manager. Efficient sales professionals possess strong selling and communication skills.
8.0LPA
Marketing Manager
Marketing professionals identify the techniques and strategies to grab customers’ attention. Also they fix the cost of the products and services based on demand and supply, generate profits, and increase the market percentage of the business.
12.0LPA
Supply Chain Management
Supply Chain Management (SCM) is the management of flow of goods and services, and involves all the processes to convert raw materials to finished goods that reach the final consumer.
12.0LPA
Finance Manager
Area or department of an organization that deals with profitability, cash and credit, and expenses to allow it to carry out its goals satisfactorily is managed by the finance professionals.
16.0LPA
Operation Manager
This stream of management deals with the mixed handling of business, technology and finance that is focused towards designing, arranging and monitoring of manufacturing, production or related services along with the concentration towards physical as well as technical operation of an organization.
12.0LPA
Human Resources Manager
It is the deliberate approach efficient and effective management of the employees in an organization for the successful operations of an organization.
10.0LPA
Health Care Manager
Managing hospitals, clinics, pharmaceutical companies, health centres, and insurance and consulting firms fall under this category of management professionals.
15.0LPA
Management Consulting Firms
Helping businesses or organizations in improving their performances, and profitability is the role played by the management consulting firms.
24.0LPA
CAREER VIDEOS
Career Path
MANAGEMENT
3 Steps
Skills
Recruitment Area
corporate sector ,
Government Agencies ,
Healthcare ,
banks ,
business service companies ,
retail industry ,
insurance companies ,
education industry ,
research firms .
Recruiters
LIC ,
ITC ,
Godrej ,
Samsung ,
AIIMS ,
PGI ,
Apollo ,
Fortis ,
SBI ,
PNB ,
HDFC ,
AXIS Bank ,
Tata Group ,
Reliance Industries ,
IBM ,
Accenture ,
Ernst and Young .
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Exams & Tests
Interested? Take the next step for this career
MANAGEMENT
- 3 Steps
Skills Needed
Exams and Tests
Recruitment Area
corporate sector ,
Government Agencies ,
Healthcare ,
banks ,
business service companies ,
retail industry ,
insurance companies ,
education industry ,
research firms .
Recruiters
LIC ,
ITC ,
Godrej ,
Samsung ,
AIIMS ,
PGI ,
Apollo ,
Fortis ,
SBI ,
PNB ,
HDFC ,
AXIS Bank ,
Tata Group ,
Reliance Industries ,
IBM ,
Accenture ,
Ernst and Young .
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