Monday, December 7, 2009

Note

The Information given in Blog Applicable for Both

MBA and MS in Management

Friday, May 15, 2009

Why Specialisation / Management Placement

higher pay for specialist work,improved skills at job,production levels are
increased production becomes cheaper,increasing living standard, Time is
saved and quality of goods or services being produced get better
http://managementplacement.blogspot.com/

Sunday, April 19, 2009

Various Selecting Criteria / Advice / Dual

  1. Interest and attitude / Drive to become entrepreneurs after gaining some professional experience / influence of market demand, job scenario / Attractive pay packets / Influence of parents / According to UG degree
  2. It is advisable to choose a specialisation that will help your career to move in the right direction as per your interest,comfort, aspirations , career goal as what matters is not which specialization you take but how good you are in it does.
  3. Go for Dual Option when in confusion to select one Option

Personality Traits with your specialisation

Marketing Personal Traits
Good communication skills
Attention to detail / Adaptable / Alertness / Confident and pleasant
Enthusiasm for both business and product / Able to create effective marketing strategies / Ability to cope with stress & pressure

Finance Personal Traits
Strong analytical-reasoning skills / Quantitative aptitude / Problem solving skills /
Interpersonal skills / Decision-making skills / Comfortable with numbers
Have attention for details / Comfortable with routine heavy documentation

Operations Personal Traits
Effective communication skills
Ability to work in team, coordinate and work with other departments
Problem solving skills / Love to take challenges / Ability to cope with stress

IT & Systems Personality Traits
Optimistic / Leadership / Interpersonal communication / Attention to detail
Work in odd hours / Understanding of global markets

Human Resource Personal Traits
People sensitivity / Good communication skills / Sociable / Agreeable Active and dynamic

Communication Personal Traits
Good communication skills / Alert / Updated and informed / Dynamic Team player / Ready to work in odd hours / Sociable

Entrepreneurship Personal Traits
Good communication skills / Leadership / Ambitious / Out of the box thinker /
Assertive /Ability to cope with stress

Project Management Personal Traits
Requiring strong organisational and leadership abilities rather than specialist industry knowledge, co-ordination of projects of every size and scope within environments

International Business Personal Traits
Friendliness with High level of social engagement and Activity Level.
Trustworthy , Helpful Nature and Cooperation,Confidence in one's ability to accomplish goals and analyze all possibilities before taking decision or acting.
Self-Consciousness and Openness to Experience,Adventurousness and Liberalism

Specialisation Areas

Financial Management
Enables one to understand the financial decision-making process by taking into consideration the business, tax and financial environment of the organization. The tools or pointers used in this process range from estimating cash flows, analysis of financial statements, capital structure, capital budgeting, working capital management, risk and return management to many related areas. The goal of Financial Management is to maximize the value of the firm by efficient allocation of resources.

Systems Management
Systems Management uses business knowledge and technical skills to acquire, develop, integrate and implement Management Information Systems (MIS) in a business environment. MIS involves developing plans and defining solutions to optimally utilize the resources of the Company and improve productivity. It is essential to understand project management as a tool under a dynamic environment. Systems Integration, process engineering, production support and end-user support plays a major role in the development of MIS.

Marketing Management
Marketing Management involves understanding the needs and wants of the customer and catering to the specific needs of the end-user. It encompasses the study of Product, Place, People and Promotion. Essentially, marketing Management deals with Sales, Distribution, Consumer Behavior, Brand Management, Merchandising, and Retail-chain management, Advertising, Market Research and Marketing Strategy. In short, Marketing Management is the backbone of the business organization as it is a revenue generating function.

Production Management
Production Management involves identifying solutions to achieve maximization in production outputs. The aim of Production Management is to improve plant objectives such as production, quality control, safety, inventory management, training and motivating personnel. The requirements for Production Planning and Management are Product and Process knowledge and thorough operational knowledge. The main requirement of the course is engineering skill sets, as it is a function of the manufacturing process.

Human Resource Management
Human Resource Management, as the title suggests deals with man management given the parameters of the socio- legal framework of the organization. The process of Organisation Development and identifying manpower requirement falls within the gamut of HRM. So, Recruitment, Selection, Training and Development, Compensation, Personnel Appraisal and Staff welfare fall under the broad category of HRM. A study of Business Law, Industrial Relations and Labour Relations is covered under Human Resource Management.

International Business
International Business is designed to address managerial issues that are relevant to doing business across national boundaries, while incorporating the necessary basics of business. Work in a variety of industries including Oil and Gas, Financial Services, Management Consulting and Consumer Goods Retailing.

Entrepreneurship
Entrepreneurship is a program designed for individuals interested in developing their entrepreneurial potential. In today’s business environment it is essential for leaders to focus on innovative value-based solutions, to develop their creative problem-solving skills and to perceive change as an opportunity. Individuals leading a small, privately held firm, a non-profit organization or individuals working in larger public corporations will benefit from the developing their entrepreneurial leadership abilities.

Communication
If you work in communication fields such as media & advertising, journalism, public relations and you are looking to advance your career to next level, an MBA that specialise in communication prepares you for mid- to upper-level management positions in these communication career fields. It provides managers with the knowledge and skills to solve communication problems in the workplace, use new media to transform existing business practices, reach out to media and clientele, and manage corporate images.

Hospitality & Tourism
Beside the health care industry, service industries such as hotels, restaurants and tourism focus . The high demands in these fields require people with expertise that can employ management techniques in all levels to lead the industries . MBA in Hospitality & Tourism can be your open door to move your hospitality or tourism career to a higher level with better earnings.

Health Care Management
An MBA specialized in health care management will prepare you for mid- to upper-level management positions in health care facilities, pharmaceutical firms , insurance companies, long-term care facilities, and public health agencies.

Project management
It is the discipline of planning, organizing and managing resources to bring about the successful completion of specific project goals and objectives.• Aerospace and Defense • Design, Procurement and Construction • New Product Development • Education and Training • Risk Management • Environmental Management • Urban Development
are career Areas

Besides the above, there are many Institutes which offer other areas of specialization like Foreign Trade Management, Agri-Business Management, Small Business Management,Consulting,Strategy to name a few.Many schools offer unique concentrations available nowhere else. If the candidate is General Oriented then choose MBA General Management