People in The Coming Years: Investigate Report On The Demand For College Trained
People in The Coming Years: Investigate Report On The Demand For College Trained
People in The Coming Years: Investigate Report On The Demand For College Trained
Submited By
Ashutosh Kumar Dubey
M.B.A – Ist Sem.
JKBS - 090409
Sectors Offering MBA Jobs for Fresher's
There are several companies that offer MBA jobs for freshers. These jobs cater to fresh
management graduates from various B-Schools. MBA jobs are mainly offered by various
financial companies, equity firms, banks, and other sectors. MBA freshers may also opt
for HR jobs or work in consultancy firms. Sales and marketing are other fields where
many MBA freshers can find very good job opportunities. All these jobs offer the
requisite experience and knowledge that will help in furthering one’s career graph. This
article gives information on the various MBA jobs for freshers.
Depending on the nature of the work the eligibility criteria may vary. Most MBA Jobs for
Freshers require candidates to have a MBA degree or even a PG diploma in business
management from a reputed institution. For some MBA freshers jobs, candidates with a
BE/B.Tech (EEE/Mech/Telecom) are also eligible to apply. Many companies also hire
B.Com, M.Com, or graduates from any discipline. Other requisite qualities for getting
MBA jobs are that candidates must have good analytical skills as well as managerial
skills.
Shortage Of Skill In Various Sector
• The projected growth rates in industry and services sectors are expected
to generate 60 millions job opportunities during 2006-12 and 156 million
during 2006-11
Food industry is fast-expanding, need professional food scientists
and technicians in great number.
Media and Entertainment: The demand for animation production
services from India is growing. This has opened up innumerable
opportunities for students of Design, Fine Arts and Mass
Communication.
Food processing sector: 65 % shortfall of refrigeration mechanics,
electricians’ etc. 70 % shortfall of food safety personnel
Additional 21 million new jobs in merchandise trade by 2009-10
Condt…..
4
IT and BPO sector could employ 9 million persons directly and
indirectly by 2010
Raising the rate of growth of manufacturing to 12 % could create 1.6
to 2.9 million direct jobs annually, and another 2-3 times that number
indirectly
Retail Sector - demand of 3-5 lakh trained people in the northern
region alone by 2010. This sector would throw up 2 million
employment by 2010.
Leather - Based on increased targets for export and domestic
demand, it would generate 3 million additional jobs by 2022
Construction sector with a current employment of over 30 million is
to witness boom by an annual growth rate of 30% in infrastructure. It
would translate large no. of jobs far short of the employable skill
available Contd….
5
Automobiles: employment expected to increase to 25million by 2015-16
from current 10.5 million, majority in the shop floor of auto manufacturing
Logistics: will grow in tandem with growth in trade, aviation and tourism
Banking and Finance sector: 50-80 percent personnel shortage. .
Textile sector: employ 35 million directly, besides 55 million in its allied
sector. Expected to generate additional 14million jobs by 2012
Pharma sector: Severe shortage of top pharma scientists as research
expenditure by pharma companies has quadrupled in the last 5 years. Thus
there is a shortage of middle-level and junior scientists too. This has made
salaries of top pharma scientists rise to US levels.
Project Management Services-this labour intensive sector will grow with
growth in corporate structure, infrastructure & retail industry
Source: Data compiled from (FICCI report, New Delhi); (NASSCOM); (NASSCOM McKinsey
Report 2006); (Press Release, Ministry of Com. & Ind. April 7, 2006);
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Demand Of Financial Student’s In The Compay
3.Accounting Managers:- After completing MBA in finance, an individual can start his
career as an account manager who performs the responsibilities related to tax reporting
and management and creating income statements. The career path for this position may
be many positions like corporate controller, corporate treasurer, chief financial officer
(CFO) etc.
4.Chief Financial Officers:- Chief financial officer (CFO) is the top financial executive of
an organization that supervises all accounting and financial operations. He also involves
in administering the company's financial policies and strategies.
Conclusion
Apart from these positions, there are many job opportunities for the students after
pursuing MBA in Finance. Other positions are cash managers, treasurers and finance
officers, investment bankers, investment banking associates, credit managers and
specialists, investment sales associates and traders and much more. In other words, we
can say that after completing the MBA program from Top MBA colleges, the future is
bright and one can easily get a decent job in this field. The expected salaries in MBA
jobs for freshers depend on designation, nature of work and the reputation of the
organization. Approximate salaries offered to MBA freshers may range anywhere
between rupees 1.2 lacs to 10 lacs per annum
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