Event Management

Hi Neera,
There are plenty of jobs in this industry. In spite of the current global economic slowdown, the event management industry has continued to grow in leaps and bounds. There are plenty of events: weddings, birthday parties, talent hunt and reality shows, fashion and cultural shows, academic and sports meets, religious functions, corporate events, conferences and so on.
Talented youngsters who want to leave their mark in this industry have numerous avenues. You can join an event management company or a media house that specialises in event management activities. Once you have garnered ample experience you can either start working in the capacity of a freelancer or event set up your own events business.
Pay Packet
The pay packet in this industry varies according to your role and responsibility. It also depends on factors such as the organisation you are working with, the type of clientele your organisation is catering to, your experience, the city where the firm is located and so on.
As a fresher in this industry, you can easily bag a pay cheque in the range of Rs.10,000 Rs.15,000 per month. The remuneration goes up with your experience and area of expertise. You can earn big money working in the capacity of an expert freelancer or the owner of your own event management company.
Demand and Supply
There are is an insatiable demand for professionals associated with this particular industry. As very few educational establishments offer professional courses for aspiring event managers, there is a great paucity of experienced professionals in this field. To fill this gap, the event management business has to acquire professionals from a vast array of other vocations.
Market Watch
Event management is an industry that is on the move. An exponential growth in events such as talent-hunt competitions, music concerts, fashion shows, academic functions, exhibitions, trade fairs, religious gatherings and the like have fuelled the demand for talented event managing personnel. The demand for creative and result oriented event managers is going to continue in the near future.
International Focus
Off late our country has started getting more and more media coverage and recognition abroad. Further, the cine industry has started hosting mega annual events at international venues. This has greatly improved the scope for people engaged in the event management industry to try their luck in international market.
All the best.

Hi,
Like in every field, to succeed in this field too, one needs to have certain skills. Some very important skills required are-
-Creativity is very necessary if one wishes to stand apart from the crowd and create a name for oneself! Clients want their event to turn into a grand success. An event manager could make his/her client happy by planning and execute a flawless event. But coming up with something cool and unique, something really innovative and creative will make them value you even more! Further, it will help you build a good reputation in event management sector!
-Good PR (Public Relations) skills are also required to thrive in this field as one has to rope in various types of personnel ranging from catering guys to VIPs. To deal with such wide range of people, having good PR skills is a must!
-Accounting and cost estimating skills also come handy. Organizing an event involves purchasing a number of materials, hiring personnel, promoting the event, roping in artists etc. And all these activities costs money! Sticking to the budget is key while organizing an event. So, being good at accounting and cost estimation will certainly be an advantage!
-Good networking skill also helps for sure! Making use of one's network, one can easily find solutions related to recruiting personnel, negotiating costs etc.

Yes, there is a specialization in MBA related to Biology. You may go for MBA in Biotechnology. With an MBA in Biotech you will easily find job in research and development industries relating to Biotech. MBA from a good institute will lead you to management post and you'll be leading group of teams involved in different research programmes.
Some good Institutes you may look forward to for a fine class MBA degree in Biotechnology are:
Universal School Of Biosciences - New Delhi
Amity Institute of Biotechnology - Noida
SIES College of Management Studies (SIESCOMS) - Navi Mumbai
Institute of Public Enterprise (IPE) - HYDERABAD
Dr. K. M. Vasudevan Pillai's Campus - New Panvel -
MITCON Institute of Management (MIMA) - Pune
Department Of Management Sciences (PUMBA) - Pune
University Business School - Chandigarh.