MBA Strategic Management Course

Master of Business Administration or MBA Strategic Management is a 2-year long postgraduate degree course which has been designed to ensure that the students’ know how to make management decisions which will improve a company's performance. Under this programme, the students would be taught the skill of business analysis and strategy skills. The aim of the course is to develop expertise in a particular aspect of the business. In short, it ensures that students have mastered business theory about what factors influence a company's success or failure in order to be able to make strategic decisions.

An MBA Strategic Management equips students with knowledge about the market. It teaches how to tackle the market in such a manner that the business churns out revenue and profit. The degree will teach the students how to be strategic by using the help of lots of case studies. The students will be asked to analyse different companies and the company’s strategies. 

This course enhances the student’s analytic skill and equips them with skills like Market Research and Data Collection. It also teaches them how to put the data received into good use. Some of the subjects covered in this course are the Modern Business Organization and Management, Business Policies & Strategic Management, Business Research Methodology, etc.  Students will gain an in-depth understanding of how to be analytic and how to assess the manner in which the customers or clients will react. 

MBA Strategic Management Course Highlights

The main points with regards to this course have been highlighted like the fees, salary that can expect, job opportunities, etc in the table below:

Why Should You Study MBA Strategic Management?

• Students who have this degree have an edge over other candidates during job interviews as they are good in strategizing and management. 

• A candidate who has a degree in this course is assumed to have valuable skills in marketing and strategizing.

• Having an advanced level of expertise in strategic management is useful as it can be used for one’s own betterment and future career growth. 

• The salary difference is comparatively high compared to a normal degree or other specializations.

• The job opportunities are varied and great as you can work as a budget analyst, project management coordinator, process coordinator, business development coordinator, marketing consultant, consumer insight analyst, etc. 

• You can work in business, marketing, financial services, and also work in both public as well as in private sectors.

• In the future, you could also choose to do various certificate courses which are internationally recognised that would help you to go up on your career ladder.

MBA Strategic Management Eligibility

- Students must complete their Bachelor degree of any discipline from any recognised university. 

- Students must have minimum 50% aggregate marks in their graduation.

- Students must qualify in the required entrance examination to be eligible for the course. 

MBA Strategic Management Syllabus

This is the syllabus for the MBA students enrolled for this course, there might be few changes depending from college to college.

MBA Strategic Management Job Prospects and Career Options

• Students who have completed MBA Strategic Management will get jobs in both Public and Private sectors. 

• They can work in a variety of fields ranging from advertising, e-business and management related jobs. 

• They can work in many reputed companies post completion of the degree. 

• They can work as Business Analyst, Financial Analyst, Business Analyst, Research Investigator, Project Analyst, Compliance Officer, Product Strategist, Strategic Initiatives Associate, Project Management Coordinator, etc.

• Below table lists some of the top job profiles along with their description. 

MBA Strategic Management Future Scope

- MBA Strategic Management has various and wide career options which in turn makes it easier for you to choose as per your requirements or passion. 

- There are a variety of international recognised certificate courses that you can study which will help in your future career growth.

- You can study for Financial Risk Management and clear the required qualifying exam if you are interested in a career in risk management where the certificate course is offered by internationally recognised association GARP. 

- You can study CRMA which is a certification course that will help you be recognised as a certified risk management assurance employee who is able to handle risk management profile easily.

- You can also opt for an MPhil or PhD degree in Business Management. 

Conclusion

The study of strategic management provides tools to effectively manage organizations. An MBA in Strategic Management is a powerful tool for those seeking to make their mark in the business world. Individuals equipped with an MBA acquire the necessary skills and knowledge to excel in leadership roles and make informed decisions that drive organizational success. The MBA in Strategic Management centers around formulating strategies, a deep understanding of strategic planning, honing analytical capabilities, and developing sound decision-making techniques. 

 Knowledge of both the art and the science of strategic management is needed to help guide organizations as their strategies emerge and evolve over time. Such tools will also help you effectively chart a course for your career as well as to understand the effective strategic management of the organizations for which you will work.