21 Aug 2012

The Rising Demand of MBA Professionals


An MBA qualified student from a reputed institution will always be in demand in the job market. There is constantly the demand of specializations like marketing, sales, finance and Human Resources in the economy. It is well-accepted fact that all the sectors in India require MBA professionals. Management students equipped with industry specific knowledge helps in running any organization in a better way. With growth of various industries in an economy, demand for professionals with specific skills will be more.

The money market in India, or any the country sees a number of activities. Traditional as well as new investment tools in the economy will require graduates with finance specializations. Banks and other financial institutions will a huge demand for professionals with money market. Not just regular MBA Courses, there will be demand for more specialized degrees. Also with more diverse job profiles coming up, there will be competition among organizations to recruit the crème de la crème from the MBA world. Even the companies will require best of HR professionals, who will further hire the best talents. Demand for services is linked directly to market forces. Some specializations in management studies are always in demand like finance, marketing and human resources.

The Future of Management Studies in the Job Market:

Employment providers around the world are always in the lookout for students with MBA degree. MBA holders draw highest salaries. In UK, MBA students receive highest package. Even in India, the demand for MBA professionals is high and they are paid handsomely. China in Asia is a growing market for management degree holders with more and more joining Chinese firms. According to stats, Asian students are among the highest scorers in GMAT. 

There are many interesting trends noticed in the hiring patterns of management executives and non-management holders. A survey was conducted in 35 nations and questions were asked related to various parameters of management education. This survey presents an unrivaled opinion on recruitment process of management degree holders across the world.

An interesting trend is that more number of industrial organizations is recruiting MBAs from business schools across the world. But majority of MBA professionals are fund in consulting and financial services. This survey revealed that more than 50% students are hired in financial and banking organizations from the B-schools. This demand is likely to remain even in future.

The Western European countries are hotspots of recruiting MBA students. In North America, demand for management professionals are increasing and overseas students are finding in tough to get H1 Visas. For UK, there is no problem of getting visas as they implement the Highly Skilled Migrant Programme,. Visas to management students of any nationality are readily available.

In the Gulf nations, Dubai is the destination for students with management degrees. Companies in Dubai are recruiting MBAs for a variety of positions. The demand for professionals with unique specializations will grow in the coming years. There is no possibility of low demand for MBA specialized professionals as the economy is diversifying and requirement is huge.

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