Most students opt for a management course due to its popularity and the wide array of courses available to them. Due to the broad spectrum of specialisations available within this course there are opportunities for individuals from various fields if they wish to have a career in the Management sector. In this article we will be addressing the various reasons for the popularity of M.B.A. courses along with the different courses available under the Management umbrella.
Although there are several reasons as to the choice of most individuals being management, one of the main reasons for the popularity in the Management field is due to the development in technology fueling the emergence of several companies. In a nut shell the emergence of Businesses generating Employment in various sectors has resulted in the variety of courses that have emerged in this sector over the years. Career advancement, management expertise and increased earnings are perhaps the most common reasons for students pursuing a career in the Management field.
Aside from these aspects even the remuneration given with the incentives that one receives on top of the earnings of the individual are some other reasons that attract individuals to the management field. The management sector being a long standing one apart from offering good placements and a stable professional career even the job opportunities and not to mention the wide array of specializations available together make it a popular choice amongst management aspirants.
The management spectrum like any other course too has an umbrella of specialisations at its disposal. A Master of Business Administration provides you with a broad view of the functional areas of a business. The various courses offered under the broad spectrum of Management include Master of Business Administration (M.B.A), Master of Business Economics (M.B.E), Master of Business Management (M.B.M), Master of Business Studies (M.B.S), Master of Financial Services (M.F.S), Master of Hospital Administration (M.H.A), Masters of Hospital Management (MHM), Master of Hospitality Management (M.H.M), Master of Human Resource Management (M.H.R.M), Master of International Business (M.I.B), Master of Information Management (M.I.M), Master of Labour Management (M.L.M), Master of Marketing Management (M.M.M), Master of Management Program (M.M.P), Master of Management Studies (M.M.S), Masters of Personnel Management (MPM), Masters in Public Systems Management (M.P.S.M), Master of Tourism Administrations (M.T.A), Master of Tourism Management (M.T.M), Master of Business Administration (MBA), Masters in Construction Management, Masters in E – Business Management, Masters in Finance Management, Masters in International Business Management, Masters in Operations Management Masters in Product Management, Masters in Retail Management, Masters in Strategic Management.
Aside from Individual specializations you even have a combination of specializations such as Masters of Hospitality and Tourism Management (M.H.T.M), Master of Hospitality & Hotel Management (M.H.H.M), Master of Industrial Relation and Personal Management (MIR and PM), Master of Performance Management (MPM), Master of Personal Management and Industrial Relation (MPM and IR), Masters in Travel and Tourism Management, Master of Finance & Control (M.F.C).
For those students who prefer part time management course you can opt for Part Time M.B.A. Programs or go in for distance learning, you can also opt for an Executive M.B.A or various online M.B.A. programs. But remember that these courses are mostly taken up by working professionals who simply wish to enhance their Knowledge and aren’t considered equivalent to a Full Time or Regular M.B.A. degree obtained from a recognized Institute or University. Therefore it is preferable for students to opt for a University recognized degree course if you are a fresh graduate. Keeping this in mind an M.B.A. degree secured via a recognized institute or University is valid and thus increases ones chances of employment considerable because recruiters usually seek individuals with higher qualifications.
Nevertheless, you also have Post Graduate Diploma courses in the various specialisations mentioned earlier. The validity of Post Graduate Diplomas are similar to that of Part Time M.B.A. Programs or M.B.A. courses obtained via distance learning or for that matter even an Executive M.B.A or various online M.B.A. programs. So don’t be surprised if procuring a degree course is not possible on the bases of the above listed courses because they are like diplomas in the sense that they aren’t Full Time degrees such as a Masters in Business Management (MBM). Simply put if you wish to pursue a Ph.D. on the bases of a P.G.D.B.A. for instance you will not be able to, as you do not possess a Masters degree. So I strongly suggest if possible pursue a Master’s degree and increase your chances for better career opportunities.
For a detailed description of the M.B.A. programs visit our sister website way2k or you can even log on to careerfutura for assistance in your career decisions. It is said, “The biggest mistake that one can make, is not having enough information”. “So put in that extra effort, though it may take a while, be assured that the decision made is right”.