MBA Placements in Bangalore Sector Wise

Posted by adarshaimit on February 19th, 2019

Most MBA aspirants aspire a lucrative job after their post-graduation. The trends observed in 2017 in MBA placements reflect higher packages than the previous years. In fact, MBA placement 2017 in several top business schools in Bangalore were complete within a short span with better offers and the scenario was replete with increased number of recruiters across sectors.

The heartening aspect with respect to the Placement is that there is no economic slowdown as was earlier anticipated post demonetization. The demand for MBAs in India has gone up further for the consecutive 2nd year. There is no more a dismal picture of global economic slowdown that has been haunting the minds of young MBAs till last year. However, one reality remains and that is with respect to high levels of attrition. Students who pursue MBA institute in Bangalore have unrealistic expectations with respect to compensation and other benefits besides a scheduled work culture. Gone are the days when 9 to 5 work culture was prevalent, in fact more so in the banking domain. In the finance domain, especially in MNCs, the 9 to 5 work culture is marked by its absence.

Sector Wise Placement:

Finance:

 MNC’s and Banks are particular about hiring MBAs. Banking, Insurance and Mutual Fund sector usually   hire MBAs from the finance domain. These students are expected to start their careers by marketing financial products to get a better hold on the products on which they eventually work on. MNCs’ hire MBAs for financial analyst roles. So students aspiring a role in banking, insurance and mutual fund sector can pursue a dual specialization of finance and marketing. The attrition rates amongst MBA Finance fresher's are phenomenal. A significant amount of time is invested on these employees to train and up skill these candidates. Since fresher's resort to job hopping, organizations on their part are making a valiant attempt to motivate employees by using the carrot of bi-annual performance appraisal methods followed by periodic hikes. Thus though the opening salary appears modest, the periodic hike offered bi-annually based on performance, motivates MBA graduates. This translates into enhanced effectiveness.

Manufacturing and Service Sectors:

Various manufacturing, financial and service sectors in India have begun progressing more than the other ones and accordingly with the spread and improved demand for fresh MBAs, the recruiters in these sectors have become more competitive to hire better talent in a short period.

All the sectors have recorded growth in MBA placements in Bangalore 2017 including Banking, Finance, Services & consultancy, Insurance (BFSI); IT/ITES; Operations; manufacturing, consulting amongst others.

Sales and Marketing:

Sales and Marketing electives are the most sought after. Finance jobs necessarily need an MBA in Finance. Internship opportunities in sales and marketing are aplenty. This is predominantly seen in the FMCG sector especially during festive seasons. There is a spurt for sales teams in large numbers.

HR Sector:

Typically Human Resource functions are outsourced by organizations to
independent   agencies. These agencies in turn hire MBA with HR specialization for generalist tasks and as recruiters. A HR job is difficult to get but easy and interesting to keep.

MNCs prefer trained and experienced hands to handle HR functions.

Start-ups: Start- ups offer a major avenue as job providers to MBA graduates. Start-ups try all out to hire the right talent and even resort to offering e-sops to deserving employees. MBA fresher's find start-ups as a good avenue for employment.

A good sector based pre-placement program and exposure to industry involving sector based campus to corporate connect will enable better decision making in career choices amongst Management graduates.

For MBA admission in Bangalore , can visit Adarsh AIMIT website.