Skip to main content

Management As A Career

Management As A Career

Summary

Management is one the most varied profession in the global economy with numerous opportunities ranging from consulting, entrepreneurship, human resource, general management, operation management to strategic planning. A person involved in the field looks in 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.

How to Pursue a Career in Management

StreamGraduationAfter GraduationAfter Post Graduation
Path 1
Clear Class XII in Any StreamPursue Graduation in Any Discipline for 3-5 yearsPursue PG Diploma in Management/ MBA for 2 years-
Path 2
Clear Class XII in Science StreamPursue B.Tech/BE for 4 yearsPursue PG Diploma in Management/ MBA for 2 years-
Path 3
Clear Class XII in Any StreamPursue Graduation in Any Discipline for 3-5 yearsPursue PG Diploma in Management/ MBA for 2 years-

Important Facts

Premier colleges have eligibility criteria of minimum 50% aggregate marks in Class XII.

Leading Institutes

Top Management Institutes in India
CollegeLocationWebsite
Indian Institute of Management - AhmedabadAhmedabadwww.iimahd.ernet.in/ 
Indian School of Business -HyderabadHyderabadwww.isb.edu 
Indian Institute of Management - BengaluruBengaluruwww.iimb.ac.in/ 
Indian Institute of Management - KolkataKolkatawww.iimcal.ac.in 
Indian Institute of Management - LucknowLucknowwww.iiml.ac.in/ 
Xavier Labour Research Institute (XLRI)Jamshedpurwww.xlri.ac.in/ 
Faculty of Management Studies - DelhiDelhiwww.fms.edu/ 
S.P. Jain Institute of Management and Research (SPJIMR)Mumbaiwww.spjimr.org/ 
Indian Institute of Management - IndoreIndorewww.iimidr.ac.in 
Indian Institute of Management - KozhikodeKozhikodewww.iimk.ac.in 
TISS - Tata Institute of Social Sciences - MumbaiMumbaiwww.admissions.tiss.edu/ 
Management Development Institute, Gurgaon (MDI)Gurgaonwww.mdi.ac.in/ 
MICA - Mudra Institute of Communications Studies - MumbaiAhmedabadwww.mica.ac.in/ 
Apeejay School of Management, Delhi (ASM)Delhiwww.apeejay.edu/asm/ 
WLC College India, BangaloreBangalore, Karnatakawww.wlcibusiness.in/ 
Narsee Monjee Institute of Management Studies - (NGA - SCE)Mumbai, Maharashtrawww.distance.nmims.edu/ 
Top Management Institutes in the World
InstitutionLocationWebsite
Northwest UniversityUSAwww.northwestu.edu/home/
Harvard Business SchoolUSAwww.hbs.edu/about/Pages/default.aspx 
The Wharton SchoolPennsylvaniawww.wharton.upenn.edu/ 
INSEADSingaporewww.insead.edu/ 
Stanford UniversityUSAwww.stanford.edu/admission/
London Business SchoolUKwww.london.edu/ 

Management Entrance Exams

Postgraduate
InstitutionTentative DateImportant ElementsWebsite
CATAug-SeptQuantitative Aptitude; Verbal & Reading comprehension; Data Interpretation & Logical Reasoningwww.iimcat.ac.in/per/g01/pub/756/ASM/WebPortal/1/index.html?756@@1@@1 
GMAT/GRE – Anytime over the yearJanVerbal Reasoning, Quantitative Reasoning and Analytical Writingwww.isb.edu/pgp/admissions/admission-calendar
XATAug-NovVerbal and Logical Ability; Decision Making; Quantitative Ability & Data Interpretation; General Knowledge.  Also includes Essay Writing as a part of the test.www.xatonline.net.in/ 
SPJETOct-DecQuantitative Aptitude; Verbal & Reading comprehension; Data Interpretation & Logical Reasoningwww.spjain.org/programs/postgraduate/gmba 
TISS-NETDecGeneral Awareness, English Proficiency, Logical Reasoningwww.admissions.tiss.edu/admissions/ma/programmes/ 
MICAT I MICAT IIEnd of Sep– Nov (for MICAT I) Jan (for MICAT II)MICAT – Psychometric, Verbal Ability, Quantitative Ability, General Awareness, Divergent-convergent Reasoning, Descriptivewww.mica.ac.in/postgraduate-programme/selection-process-and-timelines
AICETAug– DecQuantitative Ability, Communication Ability, Analytical Ability, General knowledge & Current affairswww.admissions.wlci.in/aicet-2016.html 
NMATJuly– OctLanguage skills, Quantitative skills, Logical reasoningwww.nmat.org.in/test-takers/dates-and-fees 

Work Description

  1. Define and shape business strategy and vision of the organization
  2. Execute the define strategy and plan in coordination with organization members
  3. Play a strategic role by extending professional advice, aimed at maximizing profitability for client or employer
  4. Establish and carry out departmental or organizational goals, policies and procedures
  5. Manage general activities related to making products and providing services
  6. Consult other executives, staff and board members on operations
  7. Define marketing strategies to attract the target audience
  8. Negotiate or approve of contracts and agreements
  9. Gather requirements from the customers and other stakeholders to prepare project report
  10. Appoint departmental heads and managers
  11. Establish performance standards and monitor the output of employees to ensure that each employee's performance meets those standards

Pros & Cons of a Career in Management

Pros
  • Remuneration is good.
  • You can create a niche for yourself in any one area
Cons
  • Work life balance is difficult to achieve
  • There is a lot of competition in this field

Comments

Post a Comment

Popular posts from this blog

Power Engineering As A Career

Power Engineering As A Career Summary Power engineering is a sub-field of energy and electrical engineering with focus on generation, transmission, distribution and utilization of electric power and allied accessories like generators, motors and transformers. A power engineer plans, designs, operates, renovates and maintains different systems in electric power generation, minimizes losses in transmission and improves efficiency of power distribution systems. Career Opportunities in Power Engineering Electric power generation, transmission and distribution Site Manager Data Analyst/ Diagnostic Engineer Maintenance Manager How to Pursue a Career in Power Engineering Stream Graduation After Graduation After Post Graduation Path 1 Clear Class XII with Science Stream with Maths Pursue B.Tech in Power Engineering for 4 years Pursue M.Tech for 2-3 years Pursue Ph.D for 2-3 years Path 2 Clear Class XII with Science Stream with Maths Pursue B.Tech + ...
Post a Comment
Read more

Robotics As A Career

Robotics As A Career Summary Robotics is a branch of engineering which deals with the making of robots. Robots are programmed machines which are able to carry out tasks autonomously or semi- autonomously for the better working of the company. It involves designing, building and programming of phsycial robots, to troubleshoot the problems in various domains of operations and manufacturing. This is very useful in fields including transporation, manufacturing, production, medical, army, etc. It is an interdisciplinary branch of mechanical and electrical engineering. Career Opportunities in Robotics Space Research Medical Private Organizations Entertainment Investigation Banking How to Pursue a Career in Robotics Stream Graduation After Graduation After Post Graduation Path 1 Clear Class XII with Science with Maths stream Pursue B.Tech/B.E in Robotics/Mechatronics Engineering Pursue M.Tech in specialized branch of robotics Ph.D in the area of spe...
Post a Comment
Read more

Advertising As A Career

Advertising As A Career Summary In today's world where new companies are coming up everyday, while some reach the pinnacle, others—is collapse without even making a ripple. In such scenario, manufacturing the best product and providing the best service is not going to be enough to attract the target audience, it requires much more than that. This is were advertising professionals come in, who design adverts and make use of marketing collaterals to help their clients reach their consumers and establish positive brand image. Advertising professionals need to have a creative bend of mind, good imaginary skills, and flexible in approach in order to be successful in the field of advertising. Career Opportunities in Advertising Corporate Sector Advertising Agencies Publication Houses Media Agencies/ Firms Freelancer How to Pursue a Career in Advertising Stream Graduation After Graduation After Post Graduation Path 1 Clear Class XII in any S...
Post a Comment
Read more