What is an MBA in Tourism & Hospitality Management?
An MBA in Tourism and Hotel Management is a post-graduate programme that powers a candidate for senior positions in the hotel industry. This course covers the commerce and management-related aspects of the business. A wide range of specialisations is covered in this program from managing the supply chain of a restaurant to acquiring real estate for a hotel chain.
Having an MBA degree in the resume means the candidate has advanced knowledge of the sector – its general business practices and methods. Since this degree can also be completed on a part-time basis it is suitable for working professionals who want to take their career to the next level.
In this blog, we will be covering the scope of MBA in the hospitality industry, the placement scenario and the career opportunities.
Scope of MBA
Hotel Management has emerged as one of the most popular choices for an MBA degree in the country. It is largely to do with the multiple career opportunities that come with the program and its viability both in the country and internationally. An MBA in hospitality teaches you how to quickly adapt to new trends, tackle management challenges like the one we faced during the COVID-19 crisis, manage staff, budgets, vendors and supply chains, as well as contribute wisely to decision-making.
Another reason why this MBA program is so popular is because of its application in a large number of sectors like real estate, international business, labour laws, technology and marketing.
An MBA in hospitality management allows one to pick up administrative aptitudes, critical thinking, productive communication and standard practices. This programme also offers various specialized courses in Travel Management, Transportation Management, Ships and Cruise Management, Tour Operations Management and Human Resource Management.
Some of the common topics covered in this programme are about Tourism Planning and Policies, Sustainable Tourism, International Tourism and Trends and Development of Destinations. Along with these core topics, the MBA programme also covers Fundamentals of Computers, Business Communication and Personality Development, History of Tourism and the Economics of Tourism. Many of the colleges also offer a set of elective subjects as value-addition for the programme. Students greatly benefit from knowledge on air cargo operations, marketing in tourism and the logistics of air fares and ticketing.
Top Recruiting Industries
This topic is directly connected to the travel and hospitality industry’s growth in the country. India has been a travel destination for a long time and the number of opportunities each of the states for the tourism industry helps the hotel industry as well. Now that travel has resumed to a large extent it is expected to pick up its earlier strength and open up with new vigour. This brings us to the employment viability of the industry.
This degree opens up a lot of senior positions in various industries. Let us look at the individual sectors now.
Top Recruiting Companies
With the tourism and travel industry, an MBA helps in multiple ways. The profiles could be of the managerial level or more about in an administrative way. A better way to explain this point is to give you examples of the major recruiting companies.
Hospitality is one of the fastest-growing sectors of the world. The various areas in hospitality where MBA candidates fit the part are positions in hotels, concerts, tourism, travel portals and food services.
Here is a list of companies that hire candidates who have an MBA in hotel and tourism.
What are the Career Opportunities after MBA in Tourism & Hospitality
This specialization in MBA gives you the opportunity to carve out a career in airlines, travel, ships and even tourism development corporations. With the new normal and the travel scenario changing there are many new options coming up in terms of employment.
These profiles all require leadership, planning and knowledge of statistics. These qualities become essential in this sector because the roles need you to curate plans and strategies for the growth of the enterprise.
We can look at some of the common positions for this candidate.
At the end of the MBA programme in tourism and hospitality, a student gathers the expertise and confidence that is needed to manage an autonomous organization. The course provides an all-around knowledge in the economic, social and cultural aspects of the domain.
This degree will always remain relevant and in-demand because the area of travel and tourism is forever expanding. Most of the roles mentioned above are irreplaceable and do not carry the risk of being irrelevant. Above all, this course also equips you to start your venture.
Where to apply?
The MBA degree must be obtained from a premium institute that offers this specialization. A closer look at the prominent B-schools has revealed that ASM fits the bill in many aspects. It has a curriculum that is as per the industry’s requirements and has one of the best employment-oriented certification programmes.
All students with a 50% score in graduation and a valid entrance exam score can apply. So, make the most of this opportunity. Check out the course details and apply here https://www.asmibmr.edu.in/programs/masters-in-business-administration/#howToApply