Brewing higher with a global market value of USD 4,699.57 billion by 2023, the hospitality industry is embarking on a great career scope in the current decade. En route towards massive expansion, the hospitality industry extends potential career opportunities to students.
If you are interested in exploring this career pool of the hospitality industry, it is high time for you to pursue an MBA in Tourism and Hospitality Management at a renowned hotel management colleges in jaipur.
Read more to know the benefits of this course.
What is the hospitality industry?
The hospitality industry is an exclusive industry that caters to the needs and preferences of travellers, tourists, and individuals seeking accommodation, dining, entertainment, and leisure experiences. This industry is primarily focused on providing comfort, convenience, and enjoyable experiences for guests.
As the global population today ventures and enjoys explorative and experiential journeys and vacations, the demand for hospitality services has hiked up and is expected to reach a global market value of USD 9,950 billion by 2028.
Rising demand for industrial service is a green flag for great career opportunities. To grab the potential job chances, students can preferably pursue an MBA in Tourism and Hospitality course at renowned colleges such as Dangayach School of Hotel Management.
Get to know the course below.
MBA in Tourism and Hospitality Management:
MBA in Tourism and Hospitality Management course is a distinctive management course that concentrates on training students in every aspect of the hospitality industry. This course is offered in many top colleges such as renowned hotel management colleges in Jaipur Rajasthan and here are the course details.
| Course | MBA in Tourism and Hospitality Management |
| Course Description | The MBA in Tourism and Hospitality Management course is concentrated on educating the basic concepts and nuances of hospitality in various industries via practical training.
This course is designed with a motive to inculcate hospitality-specific management skills in students. |
| Level | Postgraduate level |
| Duration | 2 years |
| Eligibility Criteria | The basic eligibility criteria to pursue an MBA in Tourism and Hospitality Management at top colleges are as follows:
|
| Admission Procedure | Admission to MBA in Tourism and Hospitality Management is most commonly provided by conducting entrance exams, group discussions, and personal interviews to analyse the potential of the applying candidate. |
| Average Course Fee | INR 1 LPA to INR 2.5 LPA |
Benefits of pursuing an MBA in Tourism and Hospitality Management:
Sophistication and comfort have become a primary need for people of today’s generation and this need has made the hospitality industry evolve so much further in the global market. A career in the hospitality industry is one of the best choices for students and the right key to it is an MBA in Tourism and Hospitality Management. Here are the benefits of pursuing this course.
Promising Career Establishment:
The hospitality industry is marking an astonishing development in recent years and is expected to reach a global market value of USD 9,950 billion by 2028 which is a great sign for a promising career scope.
Pursuing an MBA in Tourism and Hospitality Management offers the chance to establish your career in a promising industry which is the mark of job security.
Industry-specific Management Education:
MBA in Tourism and Hospitality Management is a management course that completely focuses on providing management education that is exclusive to the hospitality industry. This industry-specific management training program unlike general management courses increases the recruiting potential of the students and paves an easy path for a well-established career in the hospitality industry.
Practical Training Agenda:
Unlike general management courses, MBA in Tourism and Hospitality Management doesn’t revolve much around theoretical education. Instead, this course advocates more practical training sessions for muscle learning of the aspects of the hospitality industry.
Students are involved in internships and training sessions in the real-time industrial environment via hospitality companies and hotel chains to understand the knacks of hospitality management.
Raised career opportunities:
The hospitality industry extends a great deal of career opportunities, but grabbing one of them requires a lot of expertise. MBA in Tourism and Hospitality Management takes up the task of inculcating expertise in the hospitality aspects in students which in turn will help them find career opportunities in top hospitality companies and hotel chains.
Here are well-known career options that await after an MBA in Tourism and Hospitality.
| Hospitality Management Jobs | Average Salary |
| Front Desk Officer | INR 5 LPA |
| Accounting Manager | INR 8 LPA |
| Event Manager | INR 7 LPA |
| Service Manager | INR 4 LPA |
| Customer Service | INR 3 LPA |
| Housekeeping Manager | INR 3.4 LPA |
Some of the top business establishments that hire graduates with an MBA in Tourism and Hospitality Management are as follows:
- Taj Hotel
- Wyndham Hotel Groups
- Marriott International
- Hyatt Hotels Corporation
- Regency Group of Hotels
Notable international job scope:
The hospitality industry is well-established globally thus marking career scope at the global level. Students with an MBA in Tourism and Hospitality Management degree are provided with international exposure and hence can make way for international job opportunities in the hospitality industry.
Top global business chains such as Accor, Marriott International, Hyatt Hotels, Hilton Worldwide, Radisson Group of Hotels, and many others hire a large number of hospitality professionals from top colleges such as Mansarovar Global University.
On the whole, exploring the benefits of an MBA in Tourism and Hospitality Management has made it clear that this course is a great choice for a promising career in the hospitality industry.
Conclusion:
Venturing into the hospitality industry will surely expose you to a great career scale with a hiking future and the best step towards this journey is pursuing an MBA in Tourism and Hospitality Management which will completely prepare you in every nook and corner of the hospitality industry.
FAQs:
1. What are the subjects of hospitality management?
- Customer Service
- Front-desk Operations
- Food and Beverage Management
- Housekeeping and Maintenance
- Financial Management
- Human Resource Management
2. Is hospitality management in demand?
Yes, hospitality management is in great demand in the current decade as people prefer the best hospitality services in all facets of industries, especially in tourism, event planning, and the hotel industry.
3. What is the scope of hospitality management?
Hospitality management has great scope as it offers careers in a wide range of industries which include lodging, food and beverage service, event planning, etc.
4. What is the average salary in hospitality management?
The average salary in hospitality management is around INR 4 LPA to INR 6 LPA.