You’re all prepared to take the steps to establish yourself in the business field, where the options are immense. It’s no wonder you’re considering earning a degree in PGDM or Post Graduate Diploma in Management to help you achieve this goal.
But what can you do with a PGDM degree? It’s important to understand your career opportunities after PGDM before you graduate so you know what you are ultimately aiming for. Let’s take a closer look at what career routes you can expect after completing PGDM from a top business college in India.
What are the types of PGDM specializations in India?
For the aspiring entrepreneurs and business leaders, a PGDM is consistently a popular choice. PGDM as a business management degree in India is a versatile course pathway that can prepare you for a wide variety of industries. Every industry and every company utilizes business practices to run, so you can virtually work in any industry with a PGDM degree. Some popular industries for business management include:
- Healthcare operations
- Private companies
With this business course, the door is wide open for you. You can choose the industry and position you are passionate about, and utilize your knowledge of business practices with the help of top PGDM specializations:
- PGDM in Business Analytics & Big Data
- PGDM in Logistics Management
- PGDM in International Business
- PGDM in Enterprise Management
- PGDM in Marketing Management
- PGDM in Human Resource Management (HRM)
- PGDM in Financial Management
- PGDM in Rural & Agri-Business
- PGDM in Pharma & Health Care Management (PHCM)
- PGDM in Tourism & Hospitality Management (THM)
- PGDM in Entrepreneurship
- PGDM in E-Commerce
- PGDM in Supply Chain Management
- PGDM in Communications Management
- PGDM in Artificial Intelligence
What are the career opportunities in India after PGDM?
The PGDM courses and its specializations listed above help equip business management majors with a versatile skill set that can be applied to a variety of positions in the field. There are plenty of viable options for both associates and PGDM degree holders. Let’s explore some of the prominent career opportunities in India after successful completion of PGDM course in India.
- Manager: Well, that’s obvious, isn’t it? Business Management degrees like PGDM are designed to give you the tools to lead and bring the team together. Every business in the world operates on some level of management hierarchy, which means there are nearly endless opportunities for people looking to become a manager.
- Management Consultant: Management consultants carry out a process for clients. They apply analytical and problem-solving skills to their projects and utilize the teamwork and presentation skills cultivated through their studies. Consultants are experts at gathering information, organizing it, and composing reports with their findings.
- Social Media Manager: Social media managers utilize their tech-savvy and knowledge of marketing communications to coordinate their employer’s presence on sites like Facebook, LinkedIn, Pinterest, Twitter, and Instagram. They enhance business activity, establish brand identity, and get the word out about their organization. Social media managers devise strategic plans, help develop content and measure the impact of online campaigns. Today, every business needs a social media manager.
Read more: Digital Marketing: New Age Marketing
- Business Teacher: Educating business school students in India about the business world is an option for business majors who also complete the teacher education requirements. Planning and presenting stimulating lessons are key to success as a teacher. Business majors can draw upon the wide array of instructional approaches that they have encountered while completing their degree.
- Entrepreneur: Business degrees take a slightly more broad approach, aiming to give you the skills needed to start a business from scratch. This naturally leads graduates down the career path of an entrepreneur. Having good knowledge of all aspects of a business (accounting, finance, marketing, etc.); entrepreneurs are willing to back themselves and their ideas to stand as an independent business.
- Business Advisor: Moving into a business advisory capacity is a great way to utilize the knowledge and skill you have accumulated. Independent business advisors are in demand by every organization to look at how operations can be improved. Business advisors can also be invaluable to those looking to start a business for the first time.
- Management Consultant: Quite similar in some ways to a business advisor, a management consultant is brought in to help business managers to help them improve as an individual. A lot of people who find themselves in management roles are brought in to get everyone up to speed, so a business can run smoothly from top to bottom.
If you’re thinking about pursuing a PGDM, there are many exciting career paths you can follow. A business management degree like PGDM gives you legitimacy, skills, and credentials that you need to succeed in your job. This business degree is the perfect option for students hoping to work in diverse industries and fields, giving them a business understanding that they will need to be successful. Now, let’s take a closer look at the niche career opportunities after PGDM in India.
Career opportunities in India after PGDM in Finance
Business education in India’s PGDM colleges has been top-notch with various academic programs in the offering along with unlimited career opportunities after the completion of the course. Based on your stream of focus, you should streamline your search of opportunities accordingly, in order to land in the job you’ve dreamt of.
So, search for opportunities in the fields of Finance which are lucrative for PGDM specialization in Finance.
- Accountant: Accountants help organizations to finance their operations, save money, and maximize their profits. They tap into the financial knowledge and skills learned in college to make sound decisions about an organization’s resources. All types of business, governmental non-profit and educational organizations enlist the services of accountants.
- Financial Analyst: PGDM Finance majors learn to assess the strengths and weaknesses of businesses and analyze trends in various industries. Financial analysts benefit from the coursework in accounting, finance, economics, and mathematics that is traditionally part of PGDM major.
- Banker: Investment banking, personal banking, wealth management, and even bank management are all great paths for those with a PGDM in Finance degree. Bankers can work for large investment firms, or for personal banks that businesses and individuals use.
- Insurance Broker: A widely sought after career for PGDM Finance graduates, insurance would act as an agent between the insurance firms and clients and help the safe delivery of the product to its clients.
- Financial Advisor: Financial advisors help individuals learn about their investment, insurance, and retirement options. The profession is expected to grow by 7% by 2028. A PGDM in Finance is ideal for financial advisors because it will help them learn about finances, as well as give them strategies for finding new clients and connecting with them.
Career opportunities in India after PGDM in Marketing
“Marketing is really just about sharing your passion.”
– Michael Hyatt
This PGDM with a specialization in Marketing will equip you for a high-flying career. You will develop your strategic business skills, as well as your mastery of marketing, and gain one of the most respected degrees in the world. Here are some of the myriad of career opportunities in India for PGDM in Marketing.
- Marketing Manager: Marketing managers estimate the demand for products and services that an organization and its competitors offer. As a Marketing Manager, you will oversee potential markets for the organization’s products and supervise a team that develops strategies to maximize profits.
- Public Relations Specialist: Also called a PR Specialist or publicist, a Public Relations Specialist is a professional who helps public figures, and companies manage their image. This position is a great fit for those with a PGDM in Marketing who have outgoing personalities and powerful interpersonal and communication skills.
- Market Research Director: Companies today have more information than ever about a buyer’s persona, but rely on specialists to interpret this data and help them craft a market strategy. Market Research Analyst was ranked 11th by Forbes in Best Business Jobs. This position is a good fit for those with a marketing PGDM who are analytical thinkers with strong statistical skills.
- Director of Sales: With a PGDM in Marketing, you will be qualified to lead a sales force and can bring consumer insights to your team’s sales strategy. This position is a good fit for those who have a strategic mindset, good decision-making, and leadership skills.
Career opportunities in India after PGDM in HRM
Are you considering human resource management as a career choice? Wise decision! Not only do HR professionals contribute to business viability and success through the strategic management of human capital, but the profession itself continues to increase its stature as a career choice, pursued by many in today’s ever-changing, competitive marketplace.
Here we have listed down a few pathways for you to consider a career in HRM in India.
- Human Resource Officer: Human resources (HR) officers develop, advise and implement policies relating to the effective use of staff in an organization. HR officers are involved in a range of activities whatever the size or type of business. These cover areas such as:
- conditions of employment
- equality and diversity
- negotiation with external work-related agencies
- pay and rewards
- recruitment and retention
- working practices
- Office Manager: With strong organisational and administrative skills, you’ll find office manager opportunities at companies across a range of sectors. Your responsibility as an office manager is to oversee the administrative activities that facilitate the smooth running of an office, organising people, information and other resources.
- Training & Development Officer: Training and development officers are responsible for the learning and professional development of an organisation’s workforce. As a training and development officer, your job is to equip staff with the knowledge, practical skills and motivation to carry out their work activities effectively.
- HR Consultant: These days, companies are growing exponentially, and human resources departments are no exception. This high-level individual assesses a company’s current situation and offers and helps deploy systemic recommendations that will get the company to its desired goal. It is the HR path where freedom meets money.
- Executive Recruiter
If you’re good with people and building relationships, a position as an executive recruiter could be one of the most lucrative for your career. Executive recruiters are tasked with filling job openings for senior executives, C-level executives including CEOs, as well as people in vice president positions. Because this field is so competitive, having a type-A personality also helps.
By 2021, Indian firms can save at least $600 mn annually with HR tech, say experts.
Career opportunities in India after PGDM in Business Analytics
What are the job prospects of PGDM in Business Analytics? When it comes to employment opportunities, especially in India, data and business analysts are in high demand. It’s been eight years already since the Harvard Business Review declared business analytics the “sexiest job of the 21st century”, and the glamour of the job hasn’t shown any signs of waning.
Here are some of the high-paying jobs with a business analytics degree in PGDM.
- IT Business Analyst: As the increase in technology continues to develop, the role of the IT business analysts is expanding as well. A typical IT Business Analyst will develop beyond IT and software’s and also focuses on the strategy aspect of their roles. If you wish to explore PGDM career paths that focus on technology and business components, an IT Business Analyst role could be for you.
- Data Analysis Scientist: If you have a knack for drawing up actionable insights, check out the growth path of a data analyst scientist. To be honest, data analyst scientists are extraordinarily in nature, given the combination of necessary skill sets and the requirement of data science education.
- Business Analyst Manager: It takes a team of organized analysts to develop, execute, and collect data. Business Analyst Managers hold the responsibility of overseeing their ongoing education and coaching. If you’re starting out in the world of PGDM, applying for a manager position comes with experience, but you can add value to yourself by taking advantage of PGDM courses in Business Analytics at Indira’s best business schools in Pune, IIMP and ISBS.
- Data Business Analyst
“Data is a means to the end for business analysts, while data is the end for data analysts.”
If you’re a numbers person who excels in programming, statistics, and research skills, a data business analyst position could be for you. These professionals work with large sets of data to identify trends, develop charts, and create visual presentations to assist with business making decisions. Employers tend to seek data business analysts with a graduate-level degree in business-related fields and career experience.
Career opportunities in India after PGDM in Operations and Supply Chain Management
Owing to the continued growth of internet retailing there’s an increasing need for operations and supply chain experts. While not the most obvious retail career choice, it provides an interesting and challenging route for PGDM graduates.
In any industry, goods need to be procured, stored and dispatched. Efficient management of all these business functions is critical in the current business world. Someone equipped with this integrated knowledge of logistics is a strong candidate in the job market. Every retail organisation has a supply chain, so this is an area where there are multiple opportunities for employment.
- Logistics Manager: A Logistics Manager supervises the movement, distribution and storage of supplies and materials in a company. They are tasked with planning routes, analyzing budgets, and processing shipments. Also known as Supply Chain Managers, they generally form part of middle management.
- Operations Team Leader/Operations Manager/Operations Analyst: An operations manager is a part of a management team and oversees high-level HR duties. They also analyze and improve organizational processes, and work to improve quality, productivity and efficiency.
- Procurement Specialist/Buyer/Purchasing Manager: Procurement specialists analyze costs, offer strategies and solutions, and negotiate contract details, to help companies better manage costs on supplies and vendor services. Additional duties include managing inventory, tracking orders, resolving issues concerning price disputes, and making bids for a vendor’s services.
- Supply Chain Specialist/Manager/Analyst: A Supply Chain Specialist ensures the performance of a supply chain from order to shipment to billing and customer service. This requires the Supply Chain Specialist to track inventory and orders as well as anticipate future supply needs.
Indira students, who are looking to join companies like Amazon, Google, or Flipkart eCommerce, they can combine their supply chain skills with an interest in data analytics to make an impact.
A New Way to Think– Pursue PGDM from India’s leading Business Management Colleges
The PGDM courses at Indira are designed to teach you a new way to think. We provide you with a solid grounding in business fundamentals and Indira’s innovative creative methodology to allow you to tackle the toughest business problems.
With a bevvy of PGDM specializations, you can choose to enhance your skills in one of our Majors. Explore our course descriptions to learn more about the opportunities available to you at Indira. We offer customization of your PGDM experience based on your interests and career opportunities.