College Disha

Strategic Management Course

Update on 22 Apr, 2024

309

5 min read

Strategic Management Course-here

What is Strategic Management Course?

Strategic Management is defined as the management of resources to help an organization achieve its strategic objectives. A strategic management professional is responsible for preparing various strategic planning models and executing them effectively to meet key objectives.

The strategic planning models and the strategic planning process can vary from one organization to another. An individual who wants to pursue a career in the field of strategic management should be a strategic thinker because  Strategic thinking is the first step in developing a strategic plan and one can help an organization to thrive by developing an effective strategic plan by strategic thinking.

Strategic Planning consists of setting objectives, competitor analysis, developing strategies, assessing the internal organizations, and ensuring that the management structure is well managed and corporate management can effectively execute the approved strategies. It also involves analyzing the competitor's latest development and identifying the competitive threats and recognizing the opportunities wherever they may exist.

This course offers knowledge about the various concepts of management and organizational techniques as well as theories. Pursuing a Strategic Management course from a recognized Business school or College will help you:

  • To set up realistic business objectives and goals
  • To develop and execute effective business strategies.
  • To develop Leadership skills
  • To perform daily tasks effectively and efficiently.
  • Offers you great networking opportunities
  • Increases your value as a company employee

Eligibility for Strategic Management Course

In India, there are various certificates, diplomas, and post-graduate courses offered in the specialization of Strategic Management. Students who want to gain knowledge about various concepts of management techniques can opt for this course.

The eligibility for the course is usually determined by the institute or university, it also depends on the nature and duration of the course.

We have mentioned below the basic eligibility requirement to pursue this course:

  • To pursue an MBA in Strategic Management, The candidate must be graduated (must have a bachelor’s degree) in any discipline with a minimum of 50% marks in graduation from any recognized university. 
  • The candidate must qualify for the entrance examination required by the institute, college, or university.

Entrance Examinations for Admission to Strategic Management Course

Most Institutes and colleges offer admissions based on the qualifying score in CAT, CMAT, GMAT, MAT, XAT, and NMAT. Many prestigious B-Schools like IIMs and the effective and efficient Indian School of Business (Hyderabad) offer admission based on these entrance test results.

If you want to pursue an M.B.A degree in strategic management from a reputed B-School or institute in India, then you need to get a valid score or rank in any of these entrance examinations mentioned above.

Types of Strategic Management Courses in India

There are various Diploma, Certificate, and PG courses offered in the specialization of Strategic management, Candidates who want to pursue the course in this specialization can choose a full-time degree course or a part-time online certificate program.

Some popular strategic management courses are mentioned below:

  1. Degree and Diploma Courses in Strategic Management
  2. M.Sc. in Strategic Management
  3. MBA in Strategic Management
  4. Diploma in Strategic Management and Leadership
  5. Certificate course in Strategic Management for Innovation
  6. Online certification course in Strategic Management
  7. Certificate in Strategic Management & Leadership

Strategic Management Course: Key Highlights

Courses associated with Strategic Management MBA in Strategic Management, M.Sc. in Strategic Management, Certification in Leadership & Strategic Management
Strategic Management Course Duration 3 months to 2 Years
Eligibility Graduation (Bachelor’s degree) with at least 50% from a recognized university
Admission Process Merit/ Entrance-Based
Entrance Exams CAT, CMAT, GMAT, MAT, XAT, NMAT
Average Annual Fees Rs 50,000 to Rs 15,00,000
Average Salary Rs 6.20 L.P.A to Rs 14.06 L.P.A
Top Recruiting Companies Accenture, The HDFC Bank Limited, Amazon, Standard Chartered, JP Morgan Chase & Co., Deloitte, Bain & Company IBM, Capgemini

Job Roles 

Business Development Coordinator, Business Development Manager, Strategy Manager, Business Analyst, Marketing Consultant, etc.

Strategic Management Course Syllabus

MBA in Strategic Management course consists of 4 semesters, we have given the syllabus of the course in the table below:

Semester Ist Semester 2nd
Modern Business Organization and Management Business Research Methodology
Global Business Environment & Economics Modern Marketing Management
Accounting & Financial Management Information Technology for Business
HR & OB Production Operations & SCM
Business & Corporate Law Business Communication Skills
Semester 3rd Semester 4th
Business Policies & Strategic Management Business Ethics & Corporate Governance
Modern Marketing Management Global Strategic Management
Introduction to Strategic Management Strategic Finance
Strategic Human Resource Management Implementation Of Strategies
Environment For Strategic Project Work

Top Colleges and Fees for Strategic Management Course

If you don’t want to pursue a long-term 1 or 2 years PG or Diploma course in Strategic Management, you can choose to do an online/distance certification course in the same specialization.

Below is the given list of the institutes that offer online short-term courses with respective strategic management course fees:

Institute Name City Course Name Course Duration Course Fee
Indian Institute of Management Bangalore Strategic Management for Innovation 3 days Rs. 1,02,000
IIM Ahmedabad Ahmedabad Strategic Management 35 months Rs.1,25,000
NU Learn New Delhi Strategic Management 4 months Rs.60,000
IACT Global Noida Leadership & Strategic Management 3 months -
iLead Training Kolkata Executive Development Program in Strategic Management - Rs.75,000
IIMBX Delhi Strategic Management 5 weeks -
Indian School of Business Management & Administration (ISBM) Mumbai Certificate in Strategic Management & Leadership 9 months Rs.1,04 900
SWAYAM Mumbai Strategic Management - -
Talent Edge Gurgaon Strategic Human Resources Leadership 3 months Rs.125,000

These institutes deliver you a certification course in strategic management using e-learning platforms, the curriculum of these courses is designed for individuals who are already engaged in corporate sectors, and the e-lectures are usually conducted on weekend days, Any individual who fulfills the eligibility requirements of the institute can apply for this course.

Fees and Colleges For Strategic Management Course

College Name City Course name Course Duration Course  Fee
Christ University Bangalore M.Sc Strategic Management 2 Years Rs 47,000
Indian Institute of Technology (IIT) Kanpur MBA in Strategic Management 2 Years Rs 2,99,000
IFMR GSB Chennai MBA in Strategic Management 2 Years Rs 14, 11,000
Institute of Management NIRMA University Ahmedabad MBA in Strategic Management 2 Years Rs 10,04,000
Lovely Professional University Jalandhar MBA in Strategic Management 2 Years Rs 4,64,000
Internation School of Management Studies Pune MBA in Strategic Management & Leadership 2 Years Rs 3,90,000
Amity University Noida MBA Competitive Intelligence and Strategic Management 2 Years Rs 9,90,000
Malla Reddy University Hyderabad MBA in Strategic Management 2 Years Rs 1,50,000
Osmania University, Department Of Business Management Hyderabad MBA in Strategic Management 2 Years Rs 1,00,000
CKD Institute of Management & Technology Amritsar MBA in Strategic Management 2 Years Rs 3,30,000

Career Scope after Strategic Management Course

A strategic Management course, especially an MBA degree in strategic management makes a candidate eligible to apply for managerial job positions in the companies, It helps them to cater to the broader areas of the market.

The major objective of this course is to enable the candidate to understand every principle of the industry operations, it also builds entrepreneurial skills in them.

After completing the course students can develop the skills like:

  • Researching
  • Analyzing
  • Planning
  • Strategy designing
  • Networking
  • Presentation
  • Communication skills

Employment Sectors for Strategy Managers

  • Manufacturing companies
  • healthcare and Social Assistance
  • Hospitality Sector
  • Public Administration oil, mining, and gas extraction
  • Insurance and Finance companies
  • Management of Enterprises and Companies

Job Profiles After Strategic Management Course

After completing an MBA in strategic management or any other certificate or degree-level course in Strategic management, a candidate can apply for various job roles in India.

Some of the most popular job roles are given below:

Job Profile Average Salary
Business Development Coordinator Rs 5.97 L.P.A
Business Development Manager Rs 6 L.P.A
Strategy Manager Rs 14.06 L.P.A
Business Analyst Rs 6.06 L.P.A
Marketing Consultant Rs 6.87 L.P.A
Strategic Planning Manager Rs 10.5 L.P.A
Consumer Insight Analyst Rs 7.3 L.P.A
Project Management Coordinator Rs 4.5 L.P.A
Product Strategist Rs 7.01 L.P.A
Category Planner Rs 7.03 L.P.A

Top Companies Recruiting Strategic Managers

  1. Accenture
  2. The HDFC Bank Limited
  3. Amazon
  4. JP Morgan
  5. Deloitte
  6. Bain & Company
  7. IBM
  8. Capgemini
  9. M.Phasis
  10. Cognizant
  11. ICICI Lombard
  12. Efftronics System Pvt. Ltd.
  13. Reliance Industries

Summary

This course gives you knowledge and insights into corporate operations, risks, and solutions. This course develops problem-solving skills and leadership skills in the students. If you want to work in a corporate house as a valued employee then this course will help you a lot. In such cases, We suggest you pursue a professional degree course in strategic management.

Need help?

Copyright @2024.www.collegedisha.com. All rights reserved