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In rural areas, jobs are awaiting MBA graduates

By SiliconIndia | Tuesday, 16 June 2009, 03:38 Hrs | 2 Comments

In rural areas, jobs are awaiting MBA graduates

Bangalore: Though the recession has resulted in several job-cuts and a slump in recruitment processes, jobs are still awaiting MBA graduates in Tier-II and-III cities in areas like sales, FMCG, telecom and consulting. Industry Experts say, "The jobs are unfolding in new areas and domains in Tier-II and-III cities and in rural areas."

T Muralidharan, Executive Chairman of TMI Network, a member agency of the Bernard Hodes Global Network said, "Jobs will be there in Tier-II cities and sales jobs will dominate others. Treating the first job as an extension of the college would be the best approach with the job situation in today's market." He was speaking at CXO Advice, an event organized by IIM Ahmedabad Alumini Association, Hyderanad Chapter on Saturday.

Data from various reports indicate that the world output this year is projected to grow at just 0.5 per cent as compared with 3.4 per cent in 2008 and 5.2 per cent the year before. This is the first time after World War-II that the advanced economies are facing a possibility of shrinking by about two percent.

N Venkat, Chief Executive Officer and Executive Director, Emami says, "FMCG sector will be a massive provider of jobs in the days to come, largely due to the high domestic demand and growing disposable incomes."

The FMCG sector is estimated to be an $800-billion market in India and the rural areas now contribute about $350 billion. The penetration of deodorants, tooth pastes, cosmetics and a host of other sectors is low now in the rural areas. "An effort to tap into these markets would need huge manpower. Neutraceuticals, specialized skin products, men's personal products, health foods and others are the growing segments. As a result, packaging, raw materials, retailing, logistics and warehousing sectors will see a boom," said, Venkat.

"There would be jobs in marketing, sales and distribution, human resource development, finance and operations and supply chain management and rotation of jobs would be a common thing,"Venkat added.

Rahul Verghese, founder and chief believer, Running and Living Infotainment, who specializes in conducting half-marathons and other runs, said, "There is a business potential in sports, skiing, rafting, adventure games, sports gear and a host of others. Schools, colleges and corporates present a good target for marketing. "One should look oneself as a product and go over all they learnt at business schools."

S Nathan, Regional director (talent), Deloitte India said, "Consulting will offer a lot of opportunities for MBAs in technology, management and human resources, law, taxation, financial planning, research areas across financial, healthcare, telecom, media, consumer products and energy resources."

In an initiative that will help the MBAs, the IIM-A Alumni Association will soon put out a list of various career options that are available on its portal, said S Ramana Murthy, President additional director general of police (coordination).

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Reader's comments(2)

1: This is the reason why MBA graduates and IITians are preferring government jobs over private ones.

Posted by:savanth - 16 Jun, 2009

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