The pandemic brought a large-scale disruption in almost all sectors with billions of dollars lost, work shutdowns, massive layoffs and unprecedented emergence of remote workforce. With the digital economy concept getting popular after the pandemic strike, there are certain sectors that are creating jobs like never before. It is time for reimagining the future of work and identifying the top-notch sectors for job opportunities in the times to come.
Looking for a job opportunity after your PGDM? Well, having a postgraduate degree in management acts as a cherry on the cake as it is looked upon as eligibility for any particular corporate job role. More than 4000 colleges/universities across India offer full-time and part-time PGDM courses to the students. However, PGDM course from a top PGDM college helps students groom perfectly in every possible way. It opens the possibility of an enchanting career in almost every sector, industry or corporate field. This article dwells upon the top 10 sectors with job opportunities for PGDM students. Let’s have a quick look at the top 10 sectors where PGDM students can bag an exciting deal:
The fast-moving consumer goods (FMCG) sector is known as the 4th largest Indian economy sector. There is more demand for freshers to give innovative and fresh ideas to the companies, tech savvy management students who understand digital architecture for marketing, and management graduates who can assist FMCG sector industries for attaining next level of exuberance.
Marketing, Sales, and Finance are the most required fields, and this expertise can be provided by management graduates only. FMCG is one of the highest paying industries providing job opportunities for PGDM students. The annual CTC is usually higher than 4 lacs across all the levels. The career growth in this industry is excellent and worthwhile.
Banking & Financial Services:
There is a continuous rise in the demand for Banking, Finance, and Insurance Management professionals. Their skills and qualifications are needed in all Indian companies and MNCs to function in the challenging BFSI sector. The career benefits in the BFSI sector include handsomely paid jobs, balanced work and life, numerous career paths, job security, the opportunity for non-stop learning, and rewarding job profiles.
After your PGDM, you can apply for investment banker, loan officer, financial consultant, business relationship manager, real estate finance manager, securities analyst, or any other profile of your choice! It can indeed be an exciting career if you have pursued your PGDM in Finance.
With the advent of patient management systems, electronic health records, telemedicine and hospital information systems, the healthcare of today has taken a giant leap in the technical sphere. The students can get great exposure to advanced pharmaceutical management with PGDM courses and gain in-depth knowledge about the healthcare industry’s operations and services. The students also learn about ethical issues, regulatory policies, compliance requirements, and quick decision making.
There is a wide range of job opportunities for PGDM students such as Healthcare Consultant, Hospital Manager, Hospital Administrator, Medical Practice Manager, Pharmaceutical Product Manager, and so on. The packages offered to the employees in the healthcare sector starts from 5 lakhs per annum.
With new consumer behavior, technology-led purchasing and the growth of online buying platforms, E-commerce has become one of the fastest-growing career sectors with multiple job opportunities for PGDM students. That’s the reason why students opt for PGDM in Marketing and build up their careers by learning the nuances and exploring different streams of E-commerce. Online marketing and shopping are directly related to the bright future of E-commerce in the world.
You can be an e-commerce consultant, supply chain manager, customer relation manager, database administrator, and so on once you pursue PGDM in Marketing. You can get handsome packages once you have enough experience in this field.
The retail sector is one of the most thriving sectors in the Indian market. Due to globalization, foreign direct investment and high-end technological support to the industry, there is a phenomenal growth in the retail sector. Technologies such as Point-of-Sale systems, Beacon Technology, Artificial Intelligence,, Predictive Analytics and many more have brought a revolution in the way retail operates today.
This sector has been offering quite a few job opportunities for PGDM students. The curriculum of the course includes brand marketing, production strategy, and dynamics of the retail sector. After your PGDM, you can apply for job roles like Product Manager, Marketing Executive, Merchandiser, Retail Manager, and so on. The salary packages vary according to the industry trends and the company where you are working, however, you can be sure of lucrative offers after PGDM.
The logistics sector is the perfect career option if you are interested in the transportation business management, supply chain management, and warehouse management. There are fantastic job opportunities for PGDM students if they possess the right skill sets for dealing with goods, inventories, or transportation services.
Logistics can help you learn better to provide services from the original place to the customer’s location. The logistics sector’s job roles are Logistics Analyst, Sales Order Planner, Supply Chain Manager, etc. The starting salary package varies from 4 to 6 lakhs. This is such a sector that will never come to a standstill in India due to the recent developments in the Ecommerce sector, and online businesses.
In such a tech-freak world, it is not only essential to develop technology but also to manage, plan, and sell it in the best way. There are unique and jaw-dropping job opportunities for PGDM students in the IT sector. This sector also promises the best packages to the employees. With focus on data and real-time analytics for decision making, the IT Industry needs management students who can contribute in the administrative part of IT companies.
The IT hubs of India mainly include Ahmedabad, Delhi, Kolkata, Mumbai, Bangalore, and Hyderabad. You can be an IT Consultant, Project Manager, Analytics Manager, Business Development Executive, and so on. There are a lot of colleges in India offering PGDM in IT.
Consultants are usually hired for giant corporate firms. In the current scenario, consulting jobs are high in demand. Consulting is one of the sectors which has a vast scope of development due to direct business functions. This sector also promises attractive packages to the employees. The consulting companies have direct tie-ups with well-known companies for their staffing needs.
This sector also offers amazing job opportunities for PGDM students. The top skills required are presentation skills, decision-making skills, networking skills, report making skills, and analytical thinking. You can apply for job roles like Consulting Analyst and Management Consultant.
The automobile sector is the most important sector of the world without which work as well as commutation is impossible. The pandemic accelerated the growth in the automotive industry as more and more people displayed willingness to travel in their own vehicle. The original equipment manufacturers have opened opportunities for PGDM students. As and when the technology is innovated, the automobile sector updates itself and adapts to changes. There are a lot of automobile companies offering job opportunities for PGDM students.
You can apply for Sales and Marketing, Finance, Customer Relations Manager, and so on. The salary packages vary according to the industry trends and the company where you are working.
The emergence of smart products, shifts in consumer demands, and digital revolution in supply chain management have changed the realms of the manufacturing industry. With seasoned manufacturers and even the incumbents pursuing growth strategies, leveraging technical tools and restructuring production planning, the manufacturing industry is set to scale new domains of profitability.
The manufacturing sector provides unlimited job opportunities for PGDM students. They have mainly to support the production and operations process of the company. You can apply as a product manager and work on pricing, distribution, and promotion of a particular product. You can earn a great deal in this sector if you are knowledgeable enough. The primary skills required here are research, strategy, and communication.
With innovative ecosystems, robust digital infrastructure, industry 4.0 technologies and structural reforms in the economy, India is poised to reshape the job landscape. Students with a diploma in management have competitive advantage to bag jobs in the most promising sectors in India. In a nutshell, PGDM courses will mold your future into a bright one increasing your in-depth knowledge about the particular sector. Profound qualifications, such as PGDM, will highlight the candidature status of an aspirant for businesses. So, what are you waiting for? Pursue your PGDM from the best PGDM college and prove yourself eligible for the most suitable job!