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Many ambitious students may believe that the breadth and job chances for MBA after COVID-19 will decrease, but this is not the case. The current pandemic scenario has demonstrated that the world requires MBA graduates in addition to world-class doctors, scientists, engineers, and attorneys. Human Resources, Marketing, Sales, Finance, Analytics, Consulting, and other facets of company are all covered by an MBA graduate. Without a doubt, MBA graduates are the greatest potential choice for running a corporation.
Businesses will not shut down in the face of this pandemic because hundreds of thousands of lives are at stake. As HR professionals and recruiters are always on the search for good MBA graduates, the scope of MBA post-COVID-19 would experience an immediate growth. One of the best things about getting an MBA is that you can go straight into a management job, whereas other applicants who do not have an MBA will take a long time (in years) to get there.
The IT sector has been impacted hard because most of the clients are from the United States, which has also been hit hard by the coronavirus pandemic. Apart from management, decision-making, problem-solving, and communication abilities, an ambitious MBA student would need to develop new talents to keep up with the market. In addition to the aforementioned talents, learn virtual connectivity, networking, analytical, and team-playing skills.
What is Scope of MBA Degree Post Covid-19 Pandemic in India
As previously stated, the coronavirus pandemic has had a negative impact on a few industries, but there are many more that will thrive post-COVID-19. Education, retail, automotive, BFSI, and IT are just a few of the industries that will boom, requiring more MBA graduates than ever before.
Many schools, colleges, institutes, and universities have utilised online learning for education. This is a fantastic alternative to traditional classroom instruction, but we already know that college applications are down. However, after COVID-19, more students will enroll in reputable universities in order to complete their education normally.
FMCG continues to be the most popular choice among MBA candidates. An MBA candidate must possess decision-making, managerial, teamwork, and leadership abilities in this domain. Without these, an MBA graduate will struggle to make a living in this competitive field.
If an MBA candidate wishes to work in the financial services industry, they must possess strong communication abilities. Aside from that, they'll require analytical capabilities, the ability to take initiative, time management, and strategic thinking abilities.
For all MBA grads, consulting is a highly rewarding field. They can operate as freelancers and provide MBA graduates prefer to work in the automotive industry because it is a fascinating industry to work in. You'll need strong technical skills as well as the ability to inspire others with your ideas. MBA applicants with strong communication skills, a comprehension of finance/accounting, the ability to handle a wide range of responsibilities (both minor and significant), and project management abilities are preferred by the industry.
MBA Job Opportunities Post Covid-19
Coronavirus has demonstrated that we can be creative, develop new abilities, and support one another. The ability to work from home has had a significant positive impact on the lives of hundreds of thousands of people. Various unique tools and software, such as video conferencing software, tools necessary for conference calls, webinars, and much more, have benefited from the current situation. In Tier-1 cities, real estate has grown more affordable, and traditional schooling has transitioned to online education. See, thanks to COVID-19, everything isn't so horrible!
In the field of finance, an analyst is extremely important. An MBA graduate working as an analyst will gather data and information using their acquired skills and knowledge, and then attempt to optimize business by making it run more smoothly than previously. They are well-versed in resolving business-related issues and developing technological and non-technical solutions.
Read more: Top 10 Benefits of MBA in Business Analytics
A marketing manager's only responsibility is to increase brand awareness and identification. They are an essential component of every firm, as they promote a brand by exposing it to the appropriate audience. They entice customers and increase sales for a company, regardless of whether they are selling a product or a service.
A data analyst's job is to process, gather, and perform statistical analysis on data or information that has been supplied. They are the people who look for patterns in the data and offer answers to any problems that arise. Data analysts use programming languages and tools like R-Programming, SPSS, and Tableauto Software recommend how to price new services or goods based on market demand, lower transportation expenses in an enterprise, cut costs while running a business, and more.
HR analysts are employees tasked with resolving human-resource-related issues inside a company. They make certain that employees adhere to the company's HR policies. In general, they serve as a link between management and personnel. They may also assess the performance of individual staff on occasion.
An operations executive manager is directly responsible for a company's operations. They use their abilities to improve business processes and manage diverse facilities inside a company. They collaborate with upper management to develop strategic operational solutions and objectives.
A retail manager's primary responsibility is to successfully manage a retail store. They must engage with customers and attempt to address any issues that arise throughout the purchase of items. They also serve as supervisors and supervise the personnel to ensure that they are providing the greatest possible service and experience to the customers.
Customers seeking improved financial services, banking plans, tailored wealth management alternatives, healthcare insurances, and life insurances flooded the banking and finance sector. Qualified experts with extensive experience in banking and financial services are in high demand. If you want to get a master's degree.
An MBA in Information Technology is the appropriate degree for you if you are interested in technology and want to work with organizations in the IT sector. The epidemic has increased our reliance on technology, and this consumer trend is expected to continue for some time. This degree will also help you get insight into UX and UI design, which are highly complex components that the IT industry relies on.
Read more: Top 10 Skills That Employers Look For in MBA Graduates
Summary
To conclude MBA has a lot of scope post pandemic, with the business running in cyclic terms. Post pandemic the enormity of the job development will cause the need for MBA degree holders. MBA in all the above sectors will remain relevant for a long time, making you a valuable asset for any company in this field.
Why Choose Birla Global University
Birla Global University is one of the finest universities that offers MBA in the above specialization. The institution is a brand of state-of-the-art infrastructure, offering the best amenities to its students. BGU's faculty is highly skilled and experienced. Students benefit from the beautiful green campus and state-of-the-art technology, which enhances their educational experience. Our placements are outstanding, and the placement cell is dedicated to assisting our students in gaining a competitive advantage in their professional careers.
