Thursday, May 24, 2012

Careers in Sports Management

The current hype of Indian Premier League (IPL) is catching so many eyeballs towards it. Many youngsters want to join the fun party of IPL directly or indirectly. Directly they can enter as a cricket player, indirectly as supporting person. As supporting person they can join sports management teams, which help in organising the whole sport event.   Today, sports is not just limited to cricket, tennis, or hockey in India, but encloses various other international and domestic sports, such as golf, athletics, football, badminton, archery, shooting, and other games. With ever increasing hype around sports, it become a glamorous field and many people want to work in this new industry.  The excitement, thrill, and passion that sports management includes are comparable to none of the umpteen career options available. But what exactly is sports management? Sports management includes the study of planning, supervising, and organizing different sporting activities. Sports managers are required at recreational sports, college sports, sports marketing, facility management, sports finance, front office system in professional sports, event management, sports economics, and sports information. If you have that passion for sports and love to mingle business with pleasure, pursuing a career in sports management would be perfect.
 
Course Details
As such there is no specific course required to enter sports management, but the increasing popularity of sports has triggered the launch of different courses at various study levels in colleges and universities. Management course are available in sports industry after completion of graduation, such as PGDM. Though a candidate from any stream can take up studies in sports management, but graduates in physical education are preferred.

Career Prospects
All the jobs are not glamorous in sports industry, but many are. To start off with, one can work as a sports and fitness centre, coach in gymnasium, sports club, schools, and colleges. With adequate experience, one can explore various other opportunities in sports management, such as trainer, recruiter athletic director, and scout. Some other available options in sports management include sports information director, compliance director, agent, and sports marketer. Organizations like Board of Control for Cricket in India (BCCI) are always in search of professionals with sponsorship leveraging, media planning, evaluation, merchandising, corporate event sponsorship management, finance, and infrastructure management.   

Institutes Offering
The institutes are offering degree, diploma and certificate courses in sports management. Some leading colleges and universities are: Alagappa University, Tamil Nadu; Indira Gandhi Institute of Physical Education and Sports Science, New Delhi; Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata; Netaji Subhas National Institute of Sports (NSNIS), Patiala; Amity School of Physical Studies and Sports Sciences, Noida; International Institute of Sports Management, Mumbai; and Lakshmibai National University of Physical Education, Gwalior.

Remuneration
For a fresh graduates, remuneration ranges from Rs. 12,000 to Rs. 15,000 per month. As one gains experience, salaries can shoot up to as high as Rs. 5 to 6 lakhs per annum.

Wednesday, May 23, 2012

Careers in Event Management


An event manager is a person who visualizes, manages, and implements his/her ideas in order to organize an event within the budget of his/her client. Event managers, also referred to as party planners, work on behalf of the clients, keeping their requirements in mind. Their main function is to meet the client, know the type of party they want to organize, prepare a list of their needs, budget the party, and work accordingly. An event managers work involves deciding the venue or visits the pre-decided venue and prepares a floor plan. He/She is has to take care of each and every work related to the event, right from the decoration, menu designing, theme of the party, floral arrangement and entertainment (DJ, music, dance etc.), parking space, gifts, etc. In this profession success is totally dependent upon one’s creativity, design skills, communication skills, and the ability to negotiate and co-ordinate with the client.

Course Details
Any creative person, who is good at multi-tasking, can build career in the field of event management. One can also pursue a course in event management and become an event managers. Many business schools are running courses in event management that provide a detailed overview of the organization of an event. These programs are offered at graduate, post graduate degree and diploma levels. Minimum qualification for such programs is 10+2 in any field, from a recognized state board.

Career Prospects
An event manager can work as an event planner, convention assistant, public relations manager, wedding planner, communications specialist in events,  florist, event specialist, or manager in an event management company.

Institutes Offering
Event management is a good career option in India. One can pursue a course in event management and can choose a career in this field. Some renowned institutes offering courses in event management are: International Institute of Event Management, Maharashtra; Amity Institute of Event Management, New Delhi; Indian Institute of Event Management, Mumbai; and National Institute of Event Management, Mumbai.

Remuneration
An individual working for an organization can earn between Rs. 10,000 and Rs. 18,000 per month. After 3-4 years’ experience one can start their own event management company and can earn handsome money in this profession.

Tuesday, May 22, 2012

Careers in Supply Chain Management


Supply chain management means managing the complete function of supply from the point of origin to the point of consumption. It consists of work like design, planning, implementation, control and monitoring of supply chain activities. The main objective of supply chain management is to deliver the right quantity of the goods at right time.   Supply chain management consists of several components, such as, planning and control, organization structure, product facility structure, work structure, information structure, power and leadership structure, risk and reward structure, management methods etc. In the rapid changing world, many manufacturing firms want to have efficient supply chain system for the effective distribution of their goods and commodities. Therefore, such organizations are always look for skilled supply chain managers. Keeping in view of the ever increasing demand for professionals to work in supply management, many institutes in India are offering courses related to the field.

Course Details
Many management and technical institutes in India offers courses in supply chain management. The courses in supply chain management are mostly offered at PG and diploma levels. To be eligible, the students must be graduates with degree in retail management/finance/B.Com/B.E. /B. Tech/BBA or in any stream, from any recognized Institute or a University.

Career Prospects
The performance of supply chain can directly have an impact on the productivity of the company. Supply chain management as a career is a very promising as well as lucrative and challenging job. A supply chain management trained students can work in any big or small business organizations as supply planner, commodity Buyer, supplier manager, purchasing executives, implementation manager, procurement officer, inventory manager, material manager, head of supply and head of procurement.

Institutes Offering
A good number of institutes in India offers courses in supply chain management. Some of the prominent institutes are Centre for Supply Chain Management (Gurgaon), Indian Institute of Materials Management (Navi Mumbai), Indian Institute of Materials Management (Hyderabad), CII Institute of Logistics (CIL) (Chennai), Indian Institute of Management (IIMs), Supply Chain Management Institute (Mumbai), National Institute of Retail Management (Bangalore), University of Petroleum and Energy Studies (for MBA in Logistics & Supply Chain Management), Dehradun, etc.

Remuneration
Freshers can earn between Rs 9000 and 15000 per month, in the field of supply management. A person with two or three year experience may get around Rs 20,000 - 25000 per month. The salary package for those, who are working at the higher level, can easily be Rs 7.00 - 12.00 lacs p.a.

Monday, May 21, 2012

Career as Financial Analyst


The career of a financial analyst is challenging as well as well rewarding. The work of financial analyst mainly involves to analyze and study the financial data and further guides their client about their investment decisions. A financial analyst critically analyze the details of the company, in which his/her client wishes to invest. To know about the financial status of the client he/she studies their financial reports by having direct, one to one conversation. Detailed report of the findings is prepared in order to draw a conclusion regarding the purchase and selling of the clients’s stock. An financial expert may even have to analyze a merger or take over of an organization. To become a financial analyst, one has to be dedicated, determined, focused and hard-working, because he/she can not afford to be wrong in the financial research work. Apart from this, patience, numerical skills, logical interpretation of facts and good communication skills also required to become a financial analyst. The occupation of a financial analyst demands long working hours and at times, pressuring situations. A good financial analyst should be able to do a complex task with ease.

Course Details
To become a financial analyst, one should join commerce course at graduate level. It may be a B.Com, CA, CS or accounting course. He/she should have studied accounts, mathematics, computers or social science as compulsory subject at the 10+2 level. The knowledge of preparing Hyperion Essbase, spread sheets, MS office or other analytical tools is necessary for those who aspire to become financial analysts. One good course for financial analyst is Chartered Financial Analyst (CFA program) is especially designed for financial analysts. All the above mentioned programs and awareness about the current business trends  would help to develop an aptitude towards the job.

Career Prospects
A career in financial analyst has very good prospects at junior as well as senior level. One can specialize and can expect a good career as any one of the following Credit Analysts, Investment Analysts, - Budget Analysts, Mergers and Acquisitions Analysts, Ratings Analysts, Risk Analysts, Money Market Analysts, Security Analysts, Tax Analysts, Chartered Accountant trainee and Wall Street Analysts. Job options in this field are good in India as well as bright future prospects are available overseas. Banks and investment firms are always in need of good financial analysts.

Institutes Offering
Many institutions all over the India offer specialized training and programs for financial analysts. Some of the reputed institutions are Narsee Monjee Institute of Management, (Mumbai), Birla Institute of Technology and Science (Rajasthan),International Management Institute (New Delhi), Xavier Institute of Management, (Bhubaneshwar), SP Jain Institute of Management and Research (Mumbai), ICFAI Business School (Kolkata, Chennai, Ahmedabad, Bangalore, Mumbai), The ICFAI University (Hyderabad).

Remuneration
A beginner can expect a salary between Rs20000-Rs25000 per month. An experienced person can earn a lot more depending on his/her talent.

Sunday, May 20, 2012

Careers in Taxation


Taxation is a process of imposing financial charge (tax) on the citizens who earn 'taxable' income. Tax collected by the government is used on various government running schemes. Taxation offers a good career opportunity to the students who have a good observation, can play with numbers and have a attention to details.  A career in taxation involves dealing with direct taxes, filing returns, assessment of taxes and providing advice on indirect taxes. Direct tax is the tax collected directly from the people in the way of income tax, property tax, wealth tax etc.; on the other hand  indirect tax is the tax collected from the customers on the goods purchased or for the service provided. For eg : VAT, sales tax, excise duty, customs duty etc.  Many institutes in India are offering courses in this field, to produce competent professionals who can work in the field of taxation.

Course Details
Numerous colleges and universities in India are running courses in the field of taxation, at diploma and certificate levels. To pursue the graduate level courses, the aspirants must have passed 10+2 from any recognized state/national Board. To be eligible for the PG courses, one has to complete graduation in the relevant stream.

Career Prospects
Good number of jobs are available both in private and public sector undertakings for efficient professionals who can deliver good performance in the field of taxation. The aspirants can join any related organizations as Employment Tax Specialists, Tax Accountant, State Local Tax Attorney specialists, Tax Recruiter, Tax Policy Analyst, tax advisor, Tax Manager, Collectors, Revenue Agents, Tax Examiners, etc.

Institutes Offering
Some of the prominent institutions in the area of taxation are Nagpur College of Taxation, Annamalai University, Institute of Chartered Accountants of India and Indian Institute of Taxation. Apart from this, commerce colleges have included taxation as an important part of their curriculum.

Remuneration
Remuneration in the field of taxation differ from organization to organization. However, beginners can earn a salary of Rs 15000-Rs40000 per month.

Careers in Photography

Do you like photography and you spends most of the time taking some good photos. If you are a hobby photographer and wants to make a living from the photography then a career in photography can be a good option for you. With the booming of the communicating networks, advertising media, fashion industry, and digital photography, career in photography is developing as one of the most challenging professions with great commercial value. To be a professional photographer one should possess skills like an eye for aesthetical details and composition with good visual and communicating ideas, along with the requisite technical expertise. Through proper training, one can polish his/her skills and acquire the adequate knowledge about light, background, color, shades, visual effect, human expressions, and nature, to outshine in this lucrative field.
Career in Photography = Business and Technical knowledge + Creative eye

Course Details
Photography courses are available in many institutes across India. Most of these institutes offer traditional courses in photography, whereas some institutes offer photography as a secondary subject. There is option of part-time or full-time professional courses and crash courses in photography, ranging from 7 days to 3 years in duration. Photography can also be learnt by pursuing degree/diploma/certificate courses, according to his/her own choice and convenience. Many domains are available in photography, such as professional photography, motion picture photography, fashion photography, basic photography, fashion photography, advanced photography, digital photography, and photo journalism. After completing 10+2 level examination, one can enroll for a graduate degree, Diploma, or Certificate program in photography and its related fields.

Career Prospects
A good no. of lucrative career options are available in photography after completion of a photography course. The available job options are as ad and fashion photographer, press photographer or photo journalist, portrait photographer, industrial photographer, wildlife photographer, feature photographer, forensic photographer, and scientific, technical and medical photographer. As a professional photographer, one can have job offers from many places such as magazines, advertising agencies, newspapers, fashion and design houses, news channels, industrial houses, and various government departments. There is another option of working as freelancer and making money without any fulltime commitment. As a freelancer one can work on wildlife photography, travel, wedding, sports and environmental photography. There is also an option of working with a company and designing specific themes and click pictures of brochures, catalogues, product manuals, company layouts, and newsletters in advertisement agencies and industrial houses.

Institutes Offering
Many institutes in India offer several courses in photography. The most prominent institutions are: Sir JJ School of Applied Arts, Mumbai; Shari Academy of Photography and Digital Imaging, Mumbai; Jawaharlal Nehru Technological University, Hyderabad; National Institute of Design (NID), Ahmedabad; College of Art, Delhi University; Ambitions 4 Photography Academy, Chennai; Xavier Institute of Communications, Mumbai; National Academy of Photography, Kolkata; National Institute of Photography, Mumbai; Sri Aurobindo Centre for Arts & Communication, New Delhi; Mass Communication Research Centre, Jamia Millia Islamia, New Delhi; Academy of Photography, Rabindra Bharati University, Kolkata; Film and Television Institute of India, Pune; Creative Hut, Ahmedabad; Ravishankar University, Raipur; Fergussen College, Pune; Delhi School of Photography, New Delhi; Vineye Photo School, Maharashtra; Garware Institute of Career Education and Development (GICE), Mumbai; Southern Film Institute, Thiruvananthapuram; Quick Photographic Technical Institute, Thiruvananthapuram; and Satyajit Ray Film and Television Institute (SRFTI), Kolkata.

Remuneration
Earning for a fresher is not very good in this industry. But after one year experience one can start earning some good money. At the entry level stage of assisting, you can earn about Rs. 8000 per month. If you get placed in some good company chances of higher packages are also there. The income in this industry depends on one’s talent and experience. With experience the income also goes up.

Friday, May 18, 2012

Careers in Hospitality

India is a big country and it has good travel spots which attracts domestic as well as foreign travelers.   This is enough reason to for the growing importance of hospitality in the country. The word ‘hospitality’ can be defined as a relationship between a visitor and a host. In other words, hospitality mainly concentrates on the services provided to the customers. The field of hospitality requires personal skills, like helpful and friendly nature, sense of responsibility, and attractive appearance, along with good presence of mind. In India National Council for Hotel Management and Catering Technology (NCHMCT), an autonomous body under the Ministry of Tourism, look after the tourism related courses. Good no. of job opportunities are available in the hospitality sector, including hotels, travel and tourism, and aviation.

Course Details
Most hospitality related institutes in India offer courses in hospitality at diploma, certificate, and postgraduate diploma levels. However, some institutions also impart programs in hospitality at undergraduate and postgraduate degree levels. Some of the  common hospitality courses are Diploma in House Keeping, Hotel Reception and Book Keeping, Certificate Course in Hotel and Catering Management; and Restaurant and Counter Service; Craftsmanship Course in Food and Beverage Service; Diploma in Front Office, Post Graduate Diploma in Dietetics and Hospital Food Service; Diploma in Bakery and Confectionery; BA in Hospitality & Tourism Management; Bachelor of Hotel Management & Catering Technology; and M.Sc in Hospitality Administration. Eligibility for UG programs is 10+2 level of examination, in any stream, from a recognized state/national board. For PG courses, graduation in relevant stream from any recognized University is mandatory. Students are imparted technicalities about various aspects of the relevant subjects, apart from practical exposure and theoretical knowledge.

Career Prospects
A trained person in hospitality,  can become a specialist in the field and work as a catering officer or chef in hotels, fast food chains, restaurants,, and allied sectors. Customer relations executive, management trainee, and marketing/sales executive are other prospective positions to look out for. Moreover, one can join as a lecturer in hotel management institutes or food craft institutes, as an executive in tourism development corporations and resort properties, and as cabin crew in national and international airlines and cruises. The extensive hospitality industry attracts young aspirants in service apartments, Ayurveda, health care,  and spa centers, cafés, bars, discotheques, clubs, etc.

Institutes Offering
Some prominent hospitality institutes in India include:
  • FHRAI Institute of Hospitality Management, Greater Noida; 
  • Angel Institute of International Hospitality and Management (AIIHM), Greater Noida; 
  • Amman Institute of Hospitality Management and Computer Application, Salem; 
  • College of Hospitality Administration, Jaipur; 
  • Brilliant Institute of Hospitality Management, West Bengal; 
  • College of Hospitality and Tourism, Gurgaon; 
  • Indian Institute of Hospitality Management, Maharashtra;
  •  Hope Institute of Hospitality Management, Delhi; 
  • Institute of Hospitality Management, Goa; 
  • MS Ramaiah College of Hotel Management, Bangalore; 
  • Saptagiri College of Hotel Management, 
  • Mangalore; Army Institute of Hotel Management & Catering Technology, Bangalore.

Remuneration
Remuneration in the field of hospitality vary from one organization to another. At the fresher level, the salary may be a little bit low, but with experience, one can be offered high salary packages.