MBA in Travel and Tourism is an emerging field that has gained immense popularity in recent years. With the growth of the tourism industry, the demand for professionals with an MBA in Travel and Tourism has increased significantly. In this article, we will discuss the scope of MBA in Travel and Tourism, its advantages, career opportunities, and salary prospects.
Advantages of Pursuing MBA in Travel and Tourism
1. Industry-specific knowledge: An MBA in Travel and Tourism equips students with industry-specific knowledge that is necessary to succeed in this field.
2. Managerial skills: The program enhances managerial skills such as leadership, decision-making, problem-solving, and strategic thinking.
3. Networking opportunities: Students get to interact with industry professionals during their course of study, which provides them with excellent networking opportunities.
Career Opportunities
After completing an MBA in Travel and Tourism, graduates can explore various career opportunities such as:
1. Tourist Information Centre Manager: They are responsible for managing tourist information centres that provide tourists with relevant information about local attractions, accommodation options, transportation facilities etc.
2. Destination Manager: They are responsible for promoting tourist destinations by developing marketing strategies to attract domestic as well as international tourists.
3. Travel Agency Manager: They manage travel agencies that offer travel solutions to customers such as airline tickets bookings, hotel reservations etc.
4. Event Manager: They are responsible for organizing events such as conferences, exhibitions etc., which promote tourism activities.
The Scope of MBA in Travel and Tourism
The scope of MBA in Travel and Tourism is vast as it offers numerous job opportunities both nationally and internationally. With globalisation, the tourism industry has become one of the largest industries worldwide contributing significantly to the world’s economy. According to the World Travel and Tourism Council, the tourism industry is expected to generate 11.4% of the global GDP by 2028, creating more than 380 million jobs globally.
Salary Prospects
The salary prospects for professionals with an MBA in Travel and Tourism are also promising. The average salary in India for a person with an MBA in Travel and Tourism is INR 4-7 lakhs per annum. However, with experience and expertise, one can earn up to INR 15-20 lakhs per annum.
Conclusion
To sum up, MBA in Travel and Tourism is a lucrative career option that offers excellent job opportunities both nationally and internationally. The program equips students with industry-specific knowledge, managerial skills and provides them with networking opportunities that are crucial for success in this field. With the growth of the tourism industry, the scope of MBA in Travel and Tourism is expected to increase further, making it an ideal career choice for those who love to travel and explore new places.