Career in Hotel Management

Sarthak is a Hotelier by profession. He has completed his studies in Hotel Management from IHM, Goa. His core specialization is Food & Beverage.
1)Give us a brief insight about the hospitality Industry in India. (Some details about your journey in...
Sarthak is a Hotelier by profession. He has completed his studies in Hotel Management from IHM, Goa. His core specialization is Food & Beverage.

1)Give  us a brief insight about the hospitality Industry in India. (Some details  about your journey in this industry/details about your designation)

Hospitality in  India is not a cakewalk. Rough and tough and if that’s what you like, it’s meant  for you! I love my job and industry at times can be little glamorous but  mostly interesting and inspiring. I did my training at JW Marriott, Juhu and  joined as employee after my degree at the same place. My experience was  phenomenal. I am glad, proud and happy to work in such a marvelous brand and  hotel and start my career at such a big level. Its important to work for some  big brand in order to know how they actually deal with people.

2)Where  does one see after a stint of 5 years in the Industry? What are the minimum  qualifications sought for a fresher?

Hospitality is so  vast that you can see yourself where ever you want, in terms of position or  place, you can travel the world as a part of your job or stay in any part of  world everywhere there are Travellers, Hotels, Mall. I would say sky is the  limit. In terms of qualification It starts for Diplomas, Bachelors, Master,  PG. you can choose your area of interest and learn or study as much you want,  which will surely make you more wiser.

3)  Which are some of the institutes for pursuing courses in Hotel Management in  India?How are the placements and range of pay scale for a fresher? (In India)

IHMs are really  good and well recognized, they are Central Govt. colleges. I am an IHMite  myself. Other than that there are so many private colleges doing pretty well  in all the cities in India. It all depends where(city) you want to study. Do  check the reviews of a college of your choice and talk or ask an alumni  student of a particular college if possible, this will give you a brief idea  about everything.

4)Does  a foreign degree in Hotel Managementhas better career prospects than an  Indian degree?

In this case, I  would say for Hotel Management stick to the degree of the country you wish to  work in. By this I do not mean that foreign degree wont make it better but for  instance this is a field of practical experience and knowledge so you can not  study everything in classrooms as you start working you start learning more,  gets more interesting as further you go! Thus, personally I won’t say foreign  degree is better unless you want to stay in the country where you pursue the  course.

5)  What are the additional courses that one should pursue along with the  Bachelors/Masters Degree which will add value?

There are so many  specialization fields in the industry itself. In food and beverage there is  Bar, Wines, Food, Restaurants etc currently almost all the colleges have  specialization degrees and depending on your interest and likes you can study  more in deep in that particular subject.

6)  What are the skills required to excel in the Industry?

Good question!  Skills can be developed over the time. I would say Passion, Patience,  Persistence, and Performance is what one should have, as its not easy at times  to stick to what we have chosen. It’s a competitive world and you need to be  on the top all the time. It’s hard but not impossible. Know your strengths  polish them, find your weakness and work on it. Success isn’t easy but never  that far.

7)  Provide any other valuable specific information for the students who want to  pursue a career in the above field.

I love Hospitality.  Every industry has its pros and cons! Good part is you get to travel, talk to  people, connect with their lives, fancy food and beverages, meet famous and  good people; sounds glamorous for me. I wont mention the cons as I  concentrate on the best things, if you find the other side; another door  might open for you. Keep grabbing opportunities, mates! Cheers!

Career as a Management Consultant

Career as a Management Consultant
1)Give us a brief insight into the role of Management Consultant.
Management consulting firms/consultants assists top management to take decisions relevant to Strategy (Sales, Marketing, Sourcing, Localizing, HR),...
Ketan is a Management Consultant working with a leading Consulting firm. He has done his Masters from University of Mumbai.     

1)Give  us a brief insight into the role of Management Consultant.

Management  consulting firms/consultants assists top management to take decisions  relevant to Strategy (Sales, Marketing, Sourcing, Localizing, HR), Market  Entry (Business Plan validation, Feasibility studies, Partner search for Merger, Joint Ventures, Acquisitions) and Operational Excellence (Performance Improvement, Bench-marking practices of production, sourcing  etc.)

2)What  are the qualifications required to become a Management Consultant?

MBA/MMS/PGDBM  graduates and even CFA professionals are preferred for this role.

3)How are the placements and range of pay scale for a fresher? (In India and abroad)

Indian management consulting firms offers low packages (Rs. 4 – 6 lacs) whereas MNCs can offer  20-30% better package when compared to Indian companies. I am not clear about pay scale offered in abroad but in any case – Management Consultants enjoys good pay scale across the world.

4)  What are the additional courses (India & abroad) that one should pursue  along with the Bachelors/Masters Degree which will add value?

Any additional course which helps to enhance your business sense will add value to your resume. CFA could be one of them!

5)  What are the skills required to excel in the above field ?

Common business sense to understand  business dynamics and situations, excellent communication skills required  to converse with top management people, good analytical skills to  understand implications of various macro-micro factors on business.

6)  Provide any other valuable specific information for the students who want to  pursue a career in the above field.

Basically, You need  to love what you do. If you like to discuss on business, economy, markets,  consumers etc., if you like to read Economic times, Business Standard, then Yes, You can survive and enjoy every bit of it.