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In today's extremely competitive world, it becomes difficult for businesses to survive. For any business to strengthen its foothold, it is necessary to have a well-planned strategy. In order to create such effective strategies, every organization needs expert professional to do so. MBA in Strategic Management course is aimed at producing proficient individuals who possess leadership skill and decision making skill. The program offers an in-depth study of diverse sectors along with different plans to operate in such sectors. Students get to develop analytical and decision-making skills that required for coming with a creative idea to make the business profitable. In addition to this, students also learn to analyze the major characteristics of a business and develop strategies to capitalize on them.
MBA in Strategic Management is specialization course under business administration discipline. The course allows students to study business operations, figure out competitions and come up with innovative strategies to rise in the extremely competitive environment. Students get exposed to different aspects of strategy building for an organization through theoretical lectures and practical exposure. Students taking admission to MBA in Strategic Management require to show a high level of dedication and positive mindset. The position of the strategist is usually not offered to a fresher candidate. Those who aim for this position require to possess excellent hold on leadership skill and ability to think creatively while taking business decisions.
Students willing to take admission for MBA in Strategic Management course should have passed graduation degree.
MBA in Strategic Management is a two-year post-graduate degree program.
The average course fee applicable for MBA in Strategic Management course ranges from 2 lacs to 4 lacs.
There is variation in the admission process of different colleges. Most of the colleges which conduct MBA in Strategic Management course usually take the entrance test. They conduct the test to select ideal students to pursue an MBA degree in Strategic Management. Students required to give excellent performance in the test to claim a seat in reputed institute or university. Given below are few entrance tests conducted for MBA in Strategic Management course.
Strategic management concentration has a wide scope in organizations from all sectors. The curriculum for this discipline includes preparation of core management subjects along with details study of strategic management specialization. Here below is a list of subjects covered in the curriculum of MBA in Strategic Management course.
There are limited colleges which offer MBA in Strategic Management course. The course aspirants must select a college with proper research covering factors such as course faculty, infrastructural facilities, and placement opportunities. Conducting online research or contacting college alumni’s could be the ideal way to know the whole details of college where you wish to take admission. It is also crucial to ensure that the college has got all the authorization and accreditation to conduct the course. Following are some reputed colleges/universities in India where you can join MBA in Strategic Management course.
Be it government or private sector, every organization needs strategic management to ensure proper functioning. With today's modern business world, there is tough competition. In order to tackle this competitive scenario and make the business profitable, there is a need for the right strategy to lead it towards success. In recent time, there is a clear trend seen in the business world. Every organization recruits professional strategist to set a roadmap for their business. MBA in Strategic Management course produces such competent individuals who can cope with the high level of competition. The degree holders can find the role of their interest in either government or private organization.
Candidates who pursue MBA in Strategic Management degree have ample opportunities present in different industries. These professionals are required in all forms of organizations, be it small scale, mid-scale, or large scale organizations. There are different job positions on which strategic management degree holders can work. According to the job, profile offered the role also gets changed. Here look at some of the ideal positions to work on after completing MBA in Strategic Management course.
Pay scale for strategic management degree holder majorly varies with the candidate's skill set. Beginner in this field gets a starting salary anywhere between 2.5 lacs to 4.5 lacs. After gaining years of experience working in different business activities one achieves higher job position. For experienced candidates, the salary package ranges from 4 lacs to 8 lacs. The salary package gets increased with growing experience and expertise in the selected area.
The higher study program targets at advancing the gain skilled in expertise and developing new skills. Through a higher degree in strategic management, students get the chance to learn the advanced techniques and methods used in processes. Here are few higher study options to opt for after completing MBA in Strategic Management degree.