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Emerging markets have always been a hot spot for emerging talent and promising job opportunities for MBA Aspirant. Many of the facilities that are taken for granted in developed nations are not an easy norm in emerging countries and hence serve as a starting point for learning good or rather say, great management skills and techniques.
With developing economies, the scenario is changing fast and emerging markets are becoming the breeding home of nurturing talents and subsequently providing jobs and serving as job hubs for the localities and the foreigners alike. This article highlights how the emerging markets offer for MBA student for fast growth jobs.

 

The list of emerging job markets includes the developing nations such as China, India and Africa securing the top-most positions. These provide jobs in industries such as energy, healthcare, IT, infrastructure, banking, finance, mining, consulting, and much more.

 

Some highlights from latest industry reports:

 

  • China is an increasingly popular destination for MBAs. It has experienced the highest growth of demands for MBA programs. It has experienced 35% growth as compared to last year.

 

  • India has experienced a marginal increase of mere 29% but enough to rank it on second position as the preferred destination.

 

  • According to Price Water Coopers the emerging economies such as Nigeria, Vietnam, and South Africa are set to grow much faster than the developed countries over the next four decades.

 

  • Around 70% of the world’s growth over next few years will come from emerging markets and China and India will account for 40% of this total growth.

 

  • Across Africa and Middle East, MBA demand from recruiters is expected to increase by further 13% by 2014.

 

  • According to EPFR, china will experience 45.9% GDP growth between 2013 and 2017.

 

  • The most striking feature that calls for the attention is what makes the emerging markets the lucrative option. The answer covers several pointers such as:

 

  • Strong and building economies: These nations have strong and promising economies that has shown promising growth in past years and expected to grow in near future.

 

  • Governmental policies: Governments in these nations have made conspicuous changes in their policies in order to make room for foreign players and investors. Moreover, steps are been taken to devise friendly policies for local businesses and entrepreneurs as well.

 

  • Strong educational business background: The education sector is developing strong in the nations. The business schools from these regions find top ranking in the lists of the applicants and the employers as well. They provide much needed exposure and first-hand experience during internship tenure. Moreover, employers prefer employing students in a given area who have studied there and have local contacts. Both these points provide the applicant with an added advantage.

 

  • High ranking program and scholarships: The business schools provide world-class education with high ranking programs. In order to invite talent from world over, many universities grant scholarships as well and these are well received by students and employers alike.

 

  • Bilingualism: Studying in these regions requires learning the mother tongue languages. The students having an understanding of more than one language is give preference over those who are well versed in just one.

 

  • Cultural Diversity: Having an understanding of different cultures always pays for MBA student. It provides them with exposure, understanding and success in professional life.

 

  • Exposure: Employers prefer to hire MBAs who have practical experience and exposure in emerging markets over the others because it is believed that the exposure develops a unique blend of innovative solutions, teamwork, positive attitude and above all – humility.

 

  • Promising Forecasts: Employers are optimistic about expanding their growth and customer outreach n emerging markets and hence are more interested in hiring talent, which is familiar with these regions beforehand.

 

It can be easily understood that an MBA student is well acquaint with all these features and hence qualifies for a valuable asset once employed. Hence, all these points collectively direct towards a promising future for MBA Student in emerging markets.

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