Scope and career opportunities after MBA Tourism & Hospitality Management

What is an MBA in Tourism & Hospitality Management?

An MBA in Tourism and Hotel Management is a post-graduate programm 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.

What is the Scope of MBA in Travel and Tourism & Hospital Management?

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  for MBA in Tourism & Hospital Management

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.

• Hospitality: An MBA in Hospitality candidate can apply for several job profiles like Casino Manager, Cruise Manager, Finance Manager, Food and Beverages Manager, Lodging Manager and Restaurant Manager.
• Tourism: The tourism industry has openings for MBA graduates in various positions like the Operations Executive, Lobby Manager, Information Assistant, Front Office Manager, Tour Operator, Tour Management Executive, Travel Executive and Travel Agent.
• Airline: MBA candidates can apply for managerial and director-level positions in airport management, aviation-based marketing, air traffic control and commercial transportation.
• Travel Agencies: With an MBA in hospitality management you can apply for jobs in both the private and public sectors. In the private space, the options are travel portals and tourism.
• Food Industry: Candidates with MBA degrees have a good chance to bag top-paying jobs in the food industry as well. Some of the best positions are Food Service Managers, Chefs and Head Cooks and Food Preparation Supervisors.
• Sports Agencies: With an MBA, you can bag top positions in the sports industry too. Some of the job profiles include the Sports Marketer, Sports Manager, PR Manager, Sports Agent and Sports Publicist.
• Television & Film Industry: The TV and Film Industry seeks hotel management MBA holders for managing catering on the food sets, organising food supplies for outstation shoots and documentaries.
• Event Management: This profile involves organising catering and food management at weddings, parties and corporate events.

Top Recruiting Companies for MBA in Tourism & Hospital Management

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.

•Taj Group of Hotels

•Hyatt Hotels

• MakeMyTrip

•OYO

•Yatra

•Indigo Airlines

•Thomas Cook

•Cox & Kings

•SpiceJet

•Indian Holidays Pvt. Ltd.

What are the Job Opportunities after MBA in Tourism & Hospitality Management Degree?

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.

• Event Manager: An event manager is responsible for planning and organising various kinds of events. They need to handle budgets and invoices along with managing the branding and the lines of communication. They also need to account for a lot of feedback that comes in from different quarters.
• F&B Manager: This role is quite interesting as they are required to design menus, handle customer complaints and keep a check on food safety regulations. They also take care of the food supplies, check if the establishment follows restaurant policies and provide assistance with marketing events.
• Hotel & Resort Manager: This role needs you to manage the workings of a resort from HR duties to housekeeping and most importantly the guest services. This role requires you to know basic skills of sales, food and beverage services, security and finances.
• Tourism Coordinator: The tourism coordinator has to take care of the program schedule, coordinating with different stakeholders and clients. It is also this person’s responsibility to chalk out holiday packages and discounts depending on the tourist season.
• Global Development Manager: These managers find new ways to approach and engage with customers both potential and existing to drive top-line revenue growth. This role also requires you to adopt different products as per the market preferences.
• Hospitality Executive: A hospitality manager is someone who manages and coordinates different sections of a hospitality establishment or a restaurant. They have to see to it that the commercial goals are met while keeping the safety norms in mind.
• Conference Manager: They ensure that all the arrangements for a conference are as per the requirements of the client. There could be emergencies and last-minute requests that the conference manager will have to incorporate. This role needs inspection of the venue and the arrangements too.
• Tour Guide: A tour guide’s job can be thrilling as well as challenging. The person needs to possess detailed knowledge about the tourist spot as the group or individual you are handling could ask almost anything. Next, you need to be patient as there could be a lot of requests of various kinds. The tour guide is also responsible for the safety of the guests, preparing and memorizing tour scripts and ensuring that customer satisfaction is of the best standards.
• Visa Executive: A Visa Executive needs to monitor and coordinate for different aspects of the Visa and Immigration Process. This helps the operations to run smoothly and in turn, ensures that the visa applicants are not inconvenienced.

MBA in Tourism & Hospitality Management: Various Job Profiles and Their Average Salary

An MBA in Tourism & Hospitality Management equips you with the business acumen and industry knowledge to take your hospitality career to the next level. This specialized degree opens doors to leadership positions across various sectors, from hotels and resorts to travel agencies and cruise lines. Graduates gain expertise in areas like revenue management, marketing, strategic planning, and customer service excellence, making them valuable assets in the ever-evolving tourism and hospitality industry.

The following table provides an overview of some popular job profiles for MBA in Tourism & Hospitality Management graduates, along with their average annual salaries in India (INR LPA):

Conclusion:

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 transparentpharmacy.net 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