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HOSPITALITY - Career in Hotel ManagementMs. Mugdha Shetye talks about the field hotel management. Hotel Management includes managing hotel in a most resourceful manner to give best hospitable atmosphere to the customers. It refers to professional management techniques used in the hospitality sector. A number of hotels, motels & resorts are coming up which are catering to people at all levels. There are various diplomas, degrees and postgraduate courses in this field. In addition to these courses, students can opt for certain management degrees if they are interested in Administrative profiles. Also, there are various certification courses in a few selected domains, which can be taken after class 10th or class 12th. One may have to clear Entrance exams, Group discussion & personal interview to get an entry in Degree or Masters Program. Hotel management includes specializations like food and beverage, housekeeping, front office, sales, and marketing. Along with the required qualification one also needs to have certain personality traits like one need to be adaptable, have patience, and have a pleasing personality, excellent conversational or communication skills and perseverance. There are a various department or industries like the airline industry, cruise liners, catering department of railways, shipping companies, restaurants and resorts, clubs, guest houses, one can also work in Education and tourism sector. As the economy continues to evolve and people have more disposable income in hand, the travel, tourism and hospitality sector has witnessed a phenomenal growth. If you have the right attitude and personality, the hospitality industry provides ample opportunities.
Essentials For SuccessEssentials For Success
Cost and Management AccountancySwati Salunkhe talks about the field of Cost and Management Accountancy. Cost accounting is a type of management accounting. It is a specialized area of expertise concerned with analyzing the costs of products manufactured or sold by a company. In order for a corporation to be profitable, it’s critical to understand the precise costs associated with a product and use that information to set appropriate prices. Cost accountants do just that and are therefore vital to overall financial decision-making. To get into this field one needs to be a class 12th student be it from any stream. After class 12th one needs to clear foundation, intermediate and final levels. But it also goes with its grilling process that is one need to also gain 3 years practical application too. It is a professional course so the professional body which was formally known as ICWAI (Institute of Cost and Work Accountants of India or ICMAI (Institute of Cost and Management Accountants of India). Students who have a grasp of Economics, interested in number crunching and also understanding and controlling the budget can look at it as a career. Along with the required qualification one needs to have certain skills sets like Communication skills, Number crunching ability, and keen business sense and negotiation skills. There are widespread areas of work for CMA like Manufacturing units, Public and Private sector companies, Banking sector, insurance sector, Central and state government, or consultancy services. With today’s new economic policies and the online market growing, cost accountants play a major role in pricing the same product for different companies. It is a field which requires trade knowledge and understanding of Economics. With the advancement in the economy, one can expect an increase in demand for professionals in this sphere as well.
Entrance exams for study abroadThis video covers all entrance exams required to be taken for admission to Universities. Firstly about the English Language Proficiency Test i.e. IELTS and TOEFL. IELTS (International English Language Testing System) & TOEFL (Test of English as a Foreign Language) are the two widely accepted language test across countries, universities, and employers. This video gives a basic idea about the test, the paper pattern, the modules, the fees, the duration & scoring, mode of registrations etc required for the above test. SAT (Scholastic Aptitude Test) is required to be taken by students who wish to pursue undergraduate studies in USA and Canada. GRE ( Graduate Record Examination) is required for admissions into a Masters / Ph.D. program in fields other than management. GMAT (Graduate Management Admission Test) is required for admission into an MBA program. Detailed information about the entrance exams (like the website, validity of scores, duration of the test, registration, fees, etc) both at the undergraduate and graduate levels are given through this video. They are mandatory tests for universities in the USA. SAT, GRE, GMAT has two components in the test -they assess the student’s skills for Verbal and Quantitative. These exams are conducted all over the world at various test centers and the scores are valid for five years. IELTS and TOEFL are English proficiency test, the asses the student's proficiency in Reading, Writing, speaking and listening. It is a compulsory exam for international students irrespective of the level of education they are planning to study in. The IELTS and TOEFL test are conducted at various centers in most of the countries on a preset timetable.
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