AICTE has approved the two-year post-graduate PGDM program. But what happens when you finish the program and earn your degree? What employment alternatives do you have as a recent graduate, and what kind of pay can you anticipate? This article focuses on the top 10 industries where PGDM students can get employment.
Let's quickly review the top 10 industries where PGDM students can land a lucrative job:
Fast-moving consumer goods (FMCG) are the fourth-largest sector of the Indian economy. Freshmen with unique and original ideas, tech-savvy management students who grasp digital architecture for marketing, and management graduates who can help the FMCG sector industries reach the next level of fervor are all in greater demand.
The most essential fields are marketing, sales, and finance, and only management graduates are qualified to give these skills. One of the highest-paid sectors offering employment prospects for PGDM students is FMCG.
Banking and financial services: The need for specialists in banking, finance, and insurance management is always increasing. Richly compensated positions, a healthy work-life balance, a variety of career pathways, job stability, the chance for continuous learning, and fulfilling job profiles are just a few of the professional advantages available in the BFSI sector.
You can apply for any profile of your choice after earning your PGDM, including investment banker, loan officer, financial consultant, business relationship manager, real estate finance manager, securities analyst, and more! If you have a PGDM in Finance, it might be a very fascinating job.
Healthcare: Today's healthcare has advanced significantly technically thanks to the development of patient management systems, electronic health records, telemedicine, and hospital information systems. With PGDM courses, students can learn in-depth information about the operations and services of the healthcare business while also getting a lot of exposure to advanced pharmaceutical management. Additionally, the students study compliance standards, ethical concerns, and speedy decision-making.
Jobs in a variety of fields, including healthcare consulting, hospital management, hospital administration, medical practise management, pharmaceutical product management, and others, are available to PGDM students. The compensation packages available to personnel in the healthcare industry begin at 5 lakhs per year.
E-commerce: As a result of altered consumer behaviour, technology-driven purchasing, and the expansion of online shopping platforms, E-commerce has emerged as one of the fields with the quickest rate of job growth and offers numerous chances for PGDM students. Students choose to major in marketing to advance their professions by learning the intricacies of the field and experimenting with various e-commerce channels. The promising future of global e-commerce is strongly tied to online marketing and purchasing.
Once you complete a PGDM in Marketing, you can work as an e-commerce consultant, supply chain manager, customer relationship manager, database administrator, etc. As soon as you have adequate experience in this profession, you can receive attractive packages.
Retail: The retail sector has experienced tremendous expansion as a result of globalisation, foreign direct investment, and high-end technical assistance for the industry. Modern retail operations have undergone a revolution thanks to technologies like point-of-sale systems, beacon technology, artificial intelligence, predictive analytics, and many more.
For PGDM students, this industry has provided many work chances. Brand marketing, manufacturing strategy, and retail industry dynamics are included in the course syllabus. You can apply for jobs like product manager, marketing executive, merchandiser, retail manager, and more after earning your PGDM. You can be certain of receiving lucrative offers following a PGDM, albeit wage packages do vary depending on the organization you work for and the sector trends.
Logistics: If you have an interest in supply chain management, warehouse management, or the management of the transportation industry, this is the ideal career path for you. If PGDM students have the necessary skill sets for working with products, inventory, or transportation services, they have excellent job options.
You can improve your knowledge of how to deliver services from your starting point to the customer's location by using logistics. Job titles in the logistics industry include supply chain manager, sales order planner, and logistics analyst. Starting compensation ranges from 4 to 6 lakhs. Due to recent improvements in the E-commerce sector and online enterprises, this is one area that will never completely stagnate in India.
Information technology: In this technologically-obsessed society, it is crucial to not only develop technology but also to effectively manage, plan, and market it. There are exceptional and astounding job chances in the IT field for PGDM students. The best benefits are also promised to employees in this area. The IT industry needs management students who can assist in the administrative component of IT organizations, with a focus on data and real-time analytics for decision-making.
You could work as an IT consultant, project manager, analytics manager, executive in business development, etc. In India, there are numerous universities that provide PGDM programs in IT.
In India,there are more than 4000 colleges and universities that provide both full-time and part- time PGDM programs for students. However, PGDM coursework from a topPGDMcollege aid in students' flawless grooming in every method. It creates the chance for a charming career in practically any sphere of business, industry, or government.
