Salary Outlook For MBA Graduates Post The Pandemic

 This time last year as the first lockdown was imposed to curtail the spread of Covid-19 virus, the health crisis showed signs of turning into an economic one. The impact was felt in practically every industry sector and that directly influenced MBA placements around the country. Placements were stalled, retracted, deferred across PGDM Colleges in India. But that turned out to be a temporary hiccup in the fortunes of new MBA graduates. PGDM Colleges In Hyderabad.

Within a few short months the economy had begun to show heartening signs of revival especially for management professionals who attended new-age and dynamic MBA programs. As we stepped into the new normal, the industry began its hunt for management professionals coming from good B-schools with renewed vigour. Reason? The new normal needs new leaders with new visions, and who can add more value than these young and aspiring professionals who are studying the new-age management curriculum in their classrooms. Management degrees in Healthcare, Finance, HR, Digital Marketing, and Analytics started becoming some of the popular areas of recruitment in the close of 2020. The crisis of the pandemic showed organizations the need to be more agile, more innovative, more tech-savvy and more innovation friendly. Post Graduate Diploma In Business Management.

Understanding the demand, top PGDM Colleges in India responded swiftly by transitioning the placement process online to offer its students new opportunities to get a head-start in their careers. And the results are visible in Placements 2021 not only in India but around the world.

Graduate Management Admission Council’s (GMAC) new Corporate Recruiters Survey revealed that MBA salaries in the US had bounced back. Top PG Diploma Courses in India were returning similar figures to back the theory. The average and median salaries for the MBA Batch 2021 at Indian Institute of Management (IIM) Calcutta rose to Rs. 29 lakh and Rs. 27 lakh this year. In fact, there has been a 3 to 7% increase in average salaries at renowned B Schools.

Another placement trend noticed this year is that there is a growing demand for management professionals in industry sectors like Consulting and BFSI. Ecommerce companies like Amazon, Flipkart have also boosted their hiring of new employees who have done their PG Diploma Courses from top management institutes in the country. Exciting career profiles and slightly improved remuneration packages are also seen in the IT / Operations.

Overall, it’s safe to say that though roles in areas of general management, marketing are still seeing a downturn with the impact of the pandemic, Fintech, Consulting profiles are on the rise again. Management graduates with insights into the emerging fields of Data Analytics, Blockchain technologies, AI and Machine Learning will also be sought after in the near future. A future that looks promising for management graduates, in spite of the aftermath of the pandemic.

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