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The career we would be discussing today is:MBA FASHION MANAGEMENT
Our entire video would be divided into 5 sections:
- Nature of work.
- Eligibility and Professional Courses available.
- Best Colleges
- Career prospectsand Salary
Students are requested to perform their own due research before choosing a career.
You can check the description for additional details and assistance from Brain Checker.
Fashion is one of the most prominent aspects of Retail Business anywhere in the world. Fashion is one of the past decade's rare economic success stories. Over that period, the industry has grown at 5.5 percent annually, according to the McKinsey Global Fashion Index, to now be worth an estimated $2.4 trillion.
An MBA in Fashion Management is a two year post graduate degree program effectively designed to combine the management concepts related with the worldwide fashion industry with various business modules of fashion design, production, marketing and merchandising.
With the industry worth 2% of Global GDP, an MBA in Fashion Management is a sure shot way to success
Now let’s go to, Nature of Work,
An MBA in Fashion Management can design the clothes and sell them effectively. It will give you the skills required to manage and promote apparel sales. It includes all necessary tasks done to satisfy the clothing needs of customers as well as designers. Some of these tasks are; developing advertisements and campaigns, directing manufacturing and marketing, creating sales strategies, etc. On top that, students are made familiar with creative marketing, innovative fashion management practices, forecasting trends, and other business practices by industry internship as well as Industrial visits.
Depending on the position of the person in the company the general nature of work of a graduate of MBA in Fashion Management includes developing the product in a way that attracts more customers, developing marketing strategies for the product etc.
Now let’s go to, Eligibility and Professional Courses
• 10+2 in either Arts/Science or Commerceis mandatory with at least 60% marks.
• Student has to be a graduate in any stream for example BA,B.Com, B.Sc or BBA to be considered for a Master’s Program with at least 60% marks.
• Most Top Colleges require the applicant to clear the CAT Exam conducted by the IIMs and widely accepted by all leading Management Institutions in India
• State CET , MAT, CAT, GMAT, JMET or XATare also accepted by some colleges as alternatives to CAT Scores
We at Brain Checker help students in choosing their career. To know if this career suits your talents or skillsets, you can consult a Brain Checker Career Specialist. Check link in the description for more details.
Now we are going to look atfew good colleges offering this qualification:
• Sainath University, Jharkhand
• Jaipur National University, Rajasthan
• Subharti Institute of Management & Commerce, Uttar Pradesh
• NIMS University, Rajasthan
• International Institute of Fashion Technology, Chandigarh
And many more………..
Moving on to the next part of the video........
An MBA in Fashion Management would open to door’s of the global markets for the student. The best part about this industry is the huge shortage of skilled professionals across the world.
Graduates of this degree get to work in all kind of design based industries from cloth industries to furniture industries like Godrej Interio, Tommy Hilfiger, Adidas, Ikea etc. Depending on the role one may work in an office setting or may have to travel frequently
The starting salary of a Fashion Management Graduate is around Rs. 30,000/- per month to Rs. 35,000/- per month. With experience of around 5-7 years, the salary can increase to around Rs. 70,000/- per month to Rs. 1,00,000/- per month depending on company and the sector of operation.