The US has historically been an attractive destination for Indian professionals due to its strong job market and high-quality education institutions. There are different US visa options for skilled workers, such as the H-1B visa and the J-1 visa, which are commonly utilised by STEM professionals. The bottom line is that Indians will lead this job market in the US in the decades to come, as America is not producing the required number of skilled professionals, while at the same time American companies are trying to find new markets to cut costs for ultimate profitability for themselves.
The entrepreneurial spirit is strong among Indians, and many have founded successful companies in the US. This trend not only creates job opportunities, but also contributes to innovation and economic growth of the country.
How Business Management aides your Career Prospects
A career in business management (BM) can be gratifying and interesting. BM graduates are highly employable in any area. The reason is that skilled managers are in demand in the private, public and non-profit sectors. For this, there is a high demand for experienced business managers, and the degree remains popular. BM students are prepared to contribute significantly to an organisation.
BM is a multifaceted field, extending opportunities across diverse verticals. Business managers across MNCs have one primary goal to guide every team member throughout the process and handle different business segments. This versatile nature of BM and an expanding range of career opportunities make it one of the rising industries in the market.
With over 215,758 business analysts actively working in the US, the BM vertical is currently experiencing a high demand in New York, USA. Moreover, the annual wage starts from US $87,712, proving the lucrative nature of this field, compelling hundreds of others to pursue it.
BM’s scope and growth opportunities are evident, not just in the US, but across the globe. These exceptional opportunities should be enough to motivate candidates to pursue one of these choices as their career path. However, BM requires a combination of hard and soft skills. An early start is the only way to build skills as well as a significant portfolio with years of experience! A BM course can be the perfect choice to get started on your journey to obtain lucrative BM opportunities in the US.
A BM degree enhances managerial abilities, making you an invaluable asset to any company. It equips you with tools to address current business and social trends, fostering effective decision-making in ethical, economic, and social realms. Key abilities gained include strategic thinking, organisation, project management, presentation, problem-solving, and communication.
A BM degree guides your career by enabling specialisation in areas like human resource management or entrepreneurship. Graduates have diverse employment opportunities in marketing, advertising, finance, retail, and human resources sales.
A typical business analyst earns an average of US $84,000 per year, while the average salary of a sales manager is US $80,000 per year. A marketing manager nets around US $60,000 per year, whereas an account manager draws a package of US $65,000 per year. A business development manager takes home US $130,000 per year.
A business administration degree is a great career option for those who want to pursue a course in management. With the economy fluctuating, it has become difficult to predict the future of a job in this field, but with such high demand, there are plenty of opportunities out there. Job opportunities include careers such as human resources management, accounting, marketing, and many more. With the right experience and right knowledge, this may lead to a career as a business owner.
BM degrees in the US are taught in various colleges and universities. The major area of study is the introduction to business administration. Students are expected to understand the major concepts of management such as organisational structure, leadership, and management techniques. Students are also expected to understand the principles of accounting and marketing so that they can manage a company effectively. The courses focus on the importance of people, how to sell and how to manage human resources. The major emphasis of BM courses is on the field of marketing. Students need to understand the concepts of marketing and how to sell products.
Benefits of Business Management Degrees in USA
BM degrees in the US have different skills and benefits. They offer an extensive education on managing organisations, leading people and achieving business goals. This type of degree helps students get a head start with their career choices like human resources, finance, marketing, business development or entrepreneurship. Many BM programmes provide the opportunity to study abroad. The courses offer practical skills such as time management, planning and goal-setting.
BM degrees and training programmes are offered by the different universities in the US and they include undergraduate, graduate and executive MBA degrees. The basic goal of BM training is to create managers and professionals with the required skills for jobs in the corporate world. Students can learn the fundamental principles and operational methods of management at the undergraduate and graduate levels. These programmes are offered in city universities, public universities and private institutions. For example, Harvard University offers the Executive MBA (EMBA) programme. The EMBA is a two-year full time programme in which students are expected to study the required courses that are required for the degree. The curriculum includes core management courses, research and thesis classes. The EMBA programme also lays heavy emphasis on skills in project management. Upon completion of the programme, students receive an EMBA degree.
The cost of management education in the US is relatively low. Because of this, it’s a great place for students to start and advance their careers. BM degrees are designed for graduates who want to work in companies with MBAs in finance or marketing for example.
In recent decades, the US has emerged as a global hub for science, technology, engineering, and mathematics (STEM) jobs. The demand for skilled professionals in these fields has been steadily rising, and a significant portion of this demand is being met by individuals coming from India. The demand for STEM talent in the US has been steadily increasing across various industries. From tech giants in the Silicon Valley to pharmaceutical companies on the East Coast, US businesses are continuously seeking skilled professionals to drive innovation and growth. The beauty of the US is that it provides a level playing field for all people to chase their dreams and then succeed based on one’s own individual talent.
Why Indians have an edge
One of the key reasons why Indians excel in STEM fields in the US is because the Indian education system lays strong emphasis on mathematics and sciences. It’s no surprise that many Indian doctors, scientists, engineers, and mathematicians have made groundbreaking contributions to their respective industries in the US.
A language barrier can be a significant hurdle when seeking employment in a different country. But Indians have an advantage in this regard, as English is widely spoken and used as the medium of instruction in the Indian education system.
One major reason for the successful assimilation of Indians into the US job force is the fact that many Indians are able to speak English very well. No other country has provided the same numbers to the US job market than India. Indians being able to successfully and easily communicate in English allows for productive collaboration in the workplace, making Indian professionals highly attractive employees in US companies.
Indians are also known for their strong work ethics and dedication towards furthering their careers. These are values instilled in them through their parents belonging to generations of hard workers. Many Indian professionals in the US are willing to go the extra mile and put in the time, effort, and energy to excel in their roles, which is highly valued by employers.
The US is known for its cultural diversity, and Indians are able to thrive in these environments. Indians often adapt well after moving to the US, making them valuable assets to organisations that prioritise diversity and inclusion. Their ability to collaborate with colleagues from diverse backgrounds is a sought-after skill, where teamwork and cross-cultural communication are often crucial.
Indians have made significant contributions to technological advancements in the US. The Silicon Valley, often regarded as the heart of technological innovation, has a substantial Indian population. Many Indian doctors, entrepreneurs, engineers, and scientists have played pivotal roles in developing cutting-edge technologies and providing significant healthcare contributions. This not only benefits the US, but also the global economy and the population at large.
Looking ahead, the future seems promising for Indian professionals in the US. The relationship between the two countries is likely to continue to flourish, with Indians contributing to American innovation and progress while also benefiting from the abundant opportunities the US job market has to offer to realise their American dream.
Author: Ravishankar Bhooplapur, Founding Member and President of Xavier University School of Medicine, Aruba