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MBA in strategic management is another course that is gaining popularity nowadays. Candidates are aware of MBA degree courses but they are not sure about the MBA salary that they can get or what syllabus they will have to learn in this postgraduate program. Most of the candidates are not aware of what is strategic management and what are MBA placement criteria one needs to consider. Hence, this blog will be a complete roadmap about MBA Strategic Management where you will get to know about eligibility, admission process, salary, jobs and many more things.
What is Strategic Management?
If you want to learn about strategic management meaning or strategic management definition, you are at the right place. Strategic management is a two-year postgraduate program that includes advanced lectures in psychology, sociology, and economics with the goal of helping students acquire an analytical mindset, which is crucial for managing strategic concerns. There are four semesters in the course, each lasting six months. Strategic management educates qualified candidates in the development of managerial and functional skills, relationship building with organisations, corporate management and strategy recruitment, as well as providing a forum for students, educators, and business professionals to discuss leadership and management ideas.
A student of strategic management must draw on information from a variety of other areas and disciplines, such as business administration, finance, marketing, risk management, negotiation, statistics, and human resource management. Many business and economics universities and colleges offer an emphasis on strategic management as part of their business management degree programs.
Highlights of MBA in Strategic Management
Course Level |
Postgraduate program |
Full-Form |
Master of Business Administration in Strategic Management |
Duration |
2 years |
Exam Type |
Semester-wise |
Eligibility |
Bachelors in any stream from a recognised university with a minimum of 50% marks. |
Admission process |
Entrance-based |
Course fees |
₹ 92,000- ₹ 15,00,000 |
Average Salary |
₹ 5,00,000 to ₹ 10,00,000 |
Top Recruiting Companies |
|
Job Profiles |
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Benefits of Strategic Management
There are various financial and non-financial benefits of strategic management. Let’s have a look at them:
- Liquidity Monitoring
- Better Decision-Making
- Profitability Management
- Prevents Legal Risks
- Revitalise Human Resources
- Higher Stability
- Understands Competitor’s Strategy
- Solvency Planning
- Revenue Generation
- Identify Problems
MBA in Strategic Management Eligibility
Now that you wish to do MBA in Strategic Management, you need to know the eligibility requirements:
- Students must earn their Bachelor's degree in any discipline from a university that is recognised.
- Students must graduate with a minimum cumulative grade point average of 50%.
- To be eligible for the course, students must pass the requisite entry exam.
MBA in Strategic Management Admission Process
As you want to get admission into the Master of business administration in strategic management course, here is the admission process that you need to know.
- The majority of universities offer an online application process where, after the link is accessed, you can submit your application using the designated link.
- Your performance in graduation and the entrance exam will determine whether you can proceed further or not in the admission process.
- Your performance on the common entrance tests will be taken into consideration.
MBA in Strategic Management Syllabus
Semester I |
Semester II |
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 II |
Semester IV |
Business Policies & Strategic Management |
Business Ethics & Corporate Governance |
Introduction To Strategic Management |
Global Strategic Management |
Environment For Strategic Management |
Strategic Finance |
Strategic HRM |
Implementation Of Strategies |
Strategic Marketing Management |
Project Work |
NOTE: Subjects may vary from college to college.
MBA in Strategic Management Important Books
Book |
Author |
The Principles of Scientific Management |
Taylor, F.W. |
Strategy for a Networked World |
Ramirez, R., & Mannervik, |
The Social License: How to Keep Your Organization Legitimate |
J. Morrison |
Strategy Without Design: The Silent Efficacy of Indirect Action |
Chia, R.C.H., & Holt, R |
Job & Career Option in MBA in Strategic Management
Job Profiles |
Average Annual Package |
Business Analyst |
₹ 6.6 LPA |
Research Investigator |
₹ 8.7 LPA |
Project Analyst |
₹ 5.9 LPA |
Market Consultant |
₹ 8.5 LPA |
Product Strategist |
₹ 11.08 LPA |
Compliance Officer |
₹ 7.20 LPA |
Project Management Coordinator |
₹ 5.30 LPA |
Top Recruiters for MBA in Strategic Management
Now that you know about the job profiles, it’s time to learn about who can recruit you to their company.
- Alibaba Group
- McKinsey & Company
- Accenture
- Sia Partners
- Unilever
- L’Oreal
- Coco Cola
- Amazon
- Deloitte
About Sunstone
Do you want to pursue an MBA program but are confused about where to apply? Well, apply for the MBA program in Strategic Management course via Sunstone, a higher education service provider and unlock numerous benefits that will give a kickstart to your career. You get a capstone project to work on every semester, a 0-cost EMI option available according to your course duration, 70+ training and development sessions by top recruiters and industry experts, 50+ guaranteed job interviews with Placement Protection Plan, you learn from expert guest faculty who are ex-IIMs and IITs and many more such benefits will help you to grow in the right direction.
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