MBA Scope

MBA in Operations equips you to deal with Production Management or Shop Floor Management. You learn how to come up with and maintain process flows, develop vendor and inter-departmental relationships, do ancillary management etc. to ensure smooth and efficient business operations. With Business Operations as your MBA specialization, you may start off as Product Manager or Technical Supervisor and reach the position of Chief Technology Officer (CTO) or General Manager of a company, especially in manufacturing, engineering and IT sectors.
Business Operations offers a varied and fast-paced work environment. Operations Management specialization can be further sub-divided into:
• Production or Manufacturing Operations
• Service Operation
Most candidates with engineering backgrounds go for MBA Operations, as it gives them an edge over their peers in product development and designing, intranet development and process optimization. Companies, too, give preference to MBA Operations students with technical or engineering backgrounds during campus placements.
Operations Manager often reach positions like Plant Manager and Chief Operating Officer (COO) and directly involved with process standardization, analysis and forecasting. Those who choose to work as consultants can be seen involved with outsourcing, resource management, customer service, pricing and manufacturing optimization as well as marketing optimisation.
MBA Operations open up career opportunities for you in the fields of material and supply chain management, quality control, logistics, inventory control, and production planning and improvement.
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Hi Mr Ramkumar,
Yes MS course in Supply Chain Management will add lot of value to your profile after doing your PGDM in Operations and SCM as it is a further specialization in a particular field, offering more in-depth knowledge in the field. MS is aimed at producing specialists or expert of that field.
With an MS Degree, you would start your career in your particular field of expertise. Your success would be determined by your knowledge of the field and its application. As you climb up the ladder, you would become a recognized expert in the filed.
Experience doesn't matter as most of the MS Holder are freshers.
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Hi,
Right Career for Mba
As stated above, retail management is the right or rather the best career for those who feel an interest towards commodities, sales markets, market segments, diversification of businesses, advertising and campaigning, and marketing research. The profession offers wide scope for exploring new companies that get introduced into the market and offer various products. You can start as an assistant retail manager and manage as store. You have to be dynamic and a team leader to succeed in the field
Step-by-Step
You will basically need to clear the CAT (Common Aptitude Test) for getting into prestigious colleges such as the IIMs or clear GMAT (General Management Aptitude Test) to get admitted to foreign universities for pursuing MBA.
Some of the best institutes offering courses in retail management are: MDI Gurgaon and NMIMS University, Mumbai. You would have to appear for entrance exams to get admitted to these colleges.
As a student, pursuing a course in retail management would equip you with knowledge in the following areas overall:
1. Introduction to Retail Management and Concepts
2. Retailing trends
3. Retail Market Segmentation
4. Retail Pricing and merchandising
5. Relationship Marketing in Retailing
6. Role of Information Technology in Retailing
All other topics are a subset of either of these or are related subtopics.
What would it Cost Me?
A course in retail management would cost you somewhere between 1 lac and 3 lacs annually depending on the college or institute you choose. If you are pursue the course from a Tier-1 B-school such as the IIMs, then you would be charged optimally in the range specified above. On the other hand, if you are pursuing the course from an international university that offers you chances to travel abroad, the fee would be higher.
Job Prospect
The job options in the retail field are quite interesting for a college graduate. You may start working as a sales executive or be directly employed as a sales manager or a marketing manager and even start a retail business of your own by becoming a franchisee of another big player in the retail business!
Pay Packet
The pay packet for a sales executive or a floor manager averages anywhere between Rs. 15,000 and Rs. 25,000 depending on the magnitude of business you handle. Your responsibilities would primarily include managing people on the floor and assisting them with purchases.

Assalaamwaliykum "Ramadan Mubarak".
As u asked about more scope in two different field; being an MBA Graduate i would like to say that B Com graduate's prefer mostly MBA Finance rather other options in MBA and it is good for them because their basic is clear with 5 years of graduation Finance knowledge and MBA Finance is wide advanced for Non Commerce background. I don't understand how some of B Tech's choose to do MBA Finance as their future industrial career because it is not so easy to cope up with advance Finance in MBA even after 2 years.
More over i would like to say that scope does not matter here, it is on u how u perform well as an employment in any of the above two field.
But I would like to add that MBA Marketing jobs is far more enjoyable, get to travel on Business Trip of industries and also gain high incentive's on Business done.
Last but not the least Marketing is Business on-feeld jobs and Finance is more office job.

Hi Dikshant,
The career that you wish to look forward depends entirely upon your area of interest and your skills.
Your passion in a particular subject and your caliber for attaining the highest level of specialization, will eventually lead to a phenomenal career path.
I would therefore suggest you to consider your skills and strengths to boost your career plans
To pursue CA, you can take CPT test.Once you clear that, you can start preparing for CA inter exam.
Any University has no objection in doing CA along with graduation course.
In this way you'll save your time and will complete the course in shorter period of time.
However, the fact is as a CA you will be look after the finance and accounts department and can expect to rise to the ranks of CFO of the company.
There are three stages in CA:
-Common Proficiency Test(CPT)
-IPCC
-Final examination
These are the following coaching institutes that offer CPT test preparation in India:
-J.K.Shah Classes, Mumbai
-IMS Institute, Indiranagar, Bangalore
-Face the Book Education Hub, Bapunagar, Ahmedabad
-Academy of Commerce-New Delhi
-VG Professional studies-Delhi
-Institute of Finance and Accounts-Noida
-Maksi CA/CMA/CS Institute, S.R. Nagar, Hyderabad
Some of the conventional and upcoming career options available for Chartered Accountants.
-Audit and Taxation
-Project Finance/ Financial Advisory/ Mergers & Acquisitions
-Investment Banking
-Banking and Financial Services
-Outsourcing
-Corporate Sector
-Tax management
The main reason to pursue MBA is to increase your salary potential and advance your career.
CAT is one of the best MBA Entrance Exam which is held by IIM (Indian Institutes of Management) for MBA.
Eligibility for CAT:
The candidates should possess the Bachelors Degree in Commerce/ Science/ Arts / any other disciplines with a minimum of 50% marks / equivalent CGPA in the qualifying exam.
MBA specializations:
Finance
Operations
Human Resource
Marketing
Information Technology
Media Management
Event Management
Supply Chain and Logistics
Insurance and Risk Management
Tourism Management
MBAs are exposed to various aspects of the business and hence are better equipped to take decisions that matter to the future direction of the company
Starting as a CA, you can expect to climb up the ladder upto the CFO position. While an MBA's career path upto CEO.
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