MBA Careers in the Automotive Industry
As an MBA Graduate, check out the different career opportunities in the Automobile Industry that ensure growth and success!
In India, the Automobile Industry has been a catalyst of major work for quite some time. Even during the global recession, the automobile business recorded deals in huge numbers. It is one of the fundamental sectors to give employments to qualified people in manufacturing industries, production plants, service centres, dealerships, government transport corporations, insurance agencies, utilized cars department, spare parts department etc.
Indian domestic Automobile Companies like Tata Motors, Maruti Suzuki and Mahindra and Mahindra, Following economic liberalisation have extended their production and export operations in and the nation over and since then the business has only shown at development and success. Even, global Automobile giants like Hyundai, Honda and Toyota have established their foundation in the Indian Territory thus creating ample amount of job opportunities. From a Sales Manager to a Spare Parts Manager, there is indeed an extensive variety of career prospects to choose from. The Automobile Industry contains heavy vehicles (trucks, buses, tempos and tractors), passenger cars, and two-wheelers.
For MBA Graduates, there are lot of opportunities in Sales and Marketing, Supply Chain and Finance fields. MBA graduates can work in marketing teams to help develop; implement branding strategy; sales teams to help companies increase market share; supply chain teams to help enhance the supply chain efficiency and control costs; or in Finance to help augment sales through sales aid Financing, to raise capital for extension and new projects and support building Investor relations and implementing mergers and acquisitions procedure.
Globalization and robust development of technology have resulted about inexhaustible opportunities for individuals willing to investigate in the Automobile Industry. Let’s discuss some of the leading and promising professions in this industry that guarantee dignity and a bright future.
Gear up for different roles in this sector:
- Corporate Communication Manager
- Finance/Insurance Manager
- Sales Associate/Manager
- Accessories Manager
- Internet Sales Manager
- Save Parts Manager
- Automotive Service Manager
- Customer Relationship Manager
Corporate Communication Manager
Corporate communicator’s write, design, edit, research, plan, and implement everything from strategic communications plans to employee newsletters. They make correspondences methodologies that impact employee attitudes, move stockholders' opinions and tell the organization's or another product's story to the media. The part is to some degree like a PublicRelations Executive.
More of a cash individual? Finance and insurance division of a car dealership are a good opportunity. Individuals hoping to purchase a new car will require Financing and insurance in order to purchase it. You would need to work with sales staff, management and lenders (and obviously the client) to do your job. You would oversee all Financing and monetary inflows and concessions of the dealership on all car deals/rents and buys. You would need to guarantee the dealership makes a considerable amount of money whenever people buy a car.
If you appreciate speaking with individuals, turning into a Sales Associate or a Sales Manager might be the ideal profession for you. You would spend the greater part of your day attempting to sell cars to individuals who went to the showroom. Your salary would be based on the amount of commissions you gain. You can also work your way up the ladder into a higher managerial position as you increase further experience. Sales Managers review market analysis to decide buyer needs, estimate volume potential for different car models and develop sales campaigns to finish dealerships objectives.
If you have a penchant for car accessories, you may consider the part of an Accessories Manager. An Automobile Accessories Manager usually works in a dealership or an independent shop. His primary obligation is to get in contact with potential clients who visit the shop and to offer them the required automobile accessories like music system, amplifiers, tweeters, reverse sensors, alloys, car perfumes etc.
Internet Sales Manager
Similar to a floor sales representative is the Internet Sales Manager. Rather than working with people who went to the showroom, you would work with leads gotten from the internet. Some of these leads come in direct because of the dealer’s website advertising; others rolled in from affiliated websites who work with you to sell cars. One such example is a website named ‘Internet Autoguide'. At whatever point you get these internet leads, you would need to make an appointment to attempt to get the person into the dealership to purchase a car. This is one of the best paying and most sought-after positions in auto sales.
Spare Parts Manager
Spare Parts Managers serve a fundamental part in auto supply stores and car dealership service centres. A Spare Parts Manager must understand enough about how cars function to decide how many pieces of each inventory item must dependably be in the store while assisting with client benefit when important. As one of these experts, you may also manage staff, which implies understanding essential HR directions.
Automotive Service Manager
An Automotive Service Manager works in the repair division of a car sales dealership. Service Managers must guarantee that clients are satisfied. Giving service that is exceedingly valued by clients can be a challenging task, since negotiations about expenses and completion due dates might be heated at times. Some of the time, car repair clients disagree with charges for work or parts, and in addition the measure of time their vehicle takes to be repaired. The automotive service manager must keep a friendly tone while working with the client to make a positive result.
Client Relationship Manager
A Customer Relationship Manager has a fascinating and always developing part to play with regards to improving the client experience. She/he won't simply solve customer requests will proactively offer thoughts and bits of knowledge of data to enhance the customer's subjects and challenges. Their principal duty is to catch up potential leads which are created through walk-in enquiries and guarantee finish satisfaction and most extreme use of the product or services sold to clients.
The Indian Automobile Industry has been on top gear ever since the total de-authorizing in 1991. Even when the worldwide Auto Industry went into reverse gear in 2009, the Indian Industry avoided the trend and is expected to become the world's third biggest automobile market by 2030! So the opportunities surrounding the Automobile Industry is huge. Any person who is passionate about cars or bikes can choose a profession in the Automobile Industry. Not only is the Industry high-paying, the incentive after completion of targets is something worth bragging about.
Institutes offering courses in MBA (Automotive):
Staff of Management Studies, New Delhi