Introduction – What is MBA in Port and Shipping Management all about?
An MBA in Port and Shipping Management course is a two-year duration Management course. This course equips the students to understand how to execute shipping and port business activities with extreme care and precision. This course includes industry visits and dissertations to aid the understanding of the students and give them more clarity on the functioning of this industry.
This course is of great value and importance since the students gain sector-specific management skills. This course also shapes the students into skilled managers, capable of handling both managerial and administrative roles in the shipping and allied industries.
This blog is a comprehensive guide on the MBA Port and Shipping Management course. It covers various aspects including its’ scope, the career opportunities upon successful completion both in India and overseas, various jobs available, their brief description and indicative salaries. This blog will endeavor to aid your understanding on this course and help you in your decision-making for this as a career option.
Scope of MBA Port and Shipping Management in India & Overseas
After completion of this course, a candidate can choose from a variety of job options. It can range from a Port and Shipping manager/ officer to an operations manager who can manage the day-to-day affairs of this profession. The other options open could be a cruise ship manager, cruise ship operator, port planning officer, teacher, cargo and shipping manager, and many others. All these jobs have lucrative pay packages. Some of these jobs attract good bonuses as well.
The job prospects for this job are very good both in India as well as overseas. The rapid increase in globalization has created a good scope for jobs overseas after the successful completion of this course. The syllabus includes maritime laws and norms that are accepted globally. A candidate may apply for jobs overseas since the course curriculum prepares them for jobs both in India and abroad.
What are the Career Opportunities after MBA in Port and Shipping Management Degree?
The shipping industry creates huge employment for millions of people. This demand is growing and evolving with the ongoing importance of the shipping industry and the opportunities created by globalization.
This industry involves great expertise in logistics. It also contributes to international trade and commerce. Globalization and the attraction of sea routes is seeing more and more companies taking to port management.
Students of MBA in this particular discipline are trained to use their brains and innovation to come up with solutions to meet challenges and carry out daily tasks in an organized and well-planned manner. The shipping industry needs excellent organization, supervision and smooth functioning of the ports.
The jobs include handling the ship and logistics operations, synchronizing deliveries with ships, enforcing security and health and safety initiatives, marketing and developing the port and many others.
The career prospects in this field allow you great room for creativity and innovation.
This career offers good pay packages with bonuses and incentives. Candidates can explore employment opportunities in major shipping ports, where their jobs can be ports manager, ports operations officer or Head executive responsible for the port management duties and daily transactions and administrative duties.
Reputed companies can employ them as shipping managers, or senior shipping managers for the promotion and execution of shipping duties that include the safe and smooth passage for goods and products.
The career opportunities in this field are jobs that deal with the critical aspects of the shipping business and port management. After a study of the global shipping norms and rules, the candidates can also work abroad as this gives them adequate knowledge to take up assignments overseas.
The other avenues open are to pursue higher studies or seek employment in the education sector as teachers and professors.They can also seek jobs as port construction officers and impart knowledge and insights on planning and construction activities there. Another option is to run their own ports and shipping business.
What jobs can I get with an MBA in Port and Shipping Management Degree?
Some of the job roles you can get are –
- Shipping Manager – in charge of the daily shipping related administrative activities. They are responsible for uploading goods, organizing the relevant paper work for the same, organizing their transport to the respective destinations within the given time frame and maintaining relevant records for future reference. They also take care of the allotment of cargo.
- Port Manager – They take care of the daily operations of port management that include the management of cargo, issuing cargo and maintaining its’ relevant records and reports. They are also in charge of ensuring safety measures and precautions being taken. They also ensure that the prevalent Government rules and laws are adhered to.
- Operations Manager – They are in charge of performing routine work, such as executing orders and keeping maintaining an inventory of the goods, tracking the goods and services sent out and received. They also oversee the execution of formalities related to the shipping and port management activities.
- Operations and Port Management Officers in Merchant Navy
The Merchant Navy offers employment for candidates from this field. They are required to handle the shipping affairs and port duties with dedication and honesty. These jobs can be either on deputation or vacancy-based.
- Yard Officer- The responsibilities of a yard officer include the entire management of the yard and associated work. They issue receipts and orders and release payments. They prepare the documents for shipping, obtain operation related permissions from authorities, as well as maintain the inventory.
- Port Planning and Development Officer
As is evident by the title, these individuals look after the planning and development of ports. They ensure that the necessary steps are taken for good administration and the structural alignment of ports so as to provide smooth access for ships and cargo. This is crucial for the unloading and uploading activities and its effective functioning.
Port and Shipping Management Sectoral Growth Rate
The Indian Ship Industry has gained massive infrastructure development and caterers to increasing global demand with an approximate coastline of 7,517 km. It has ranked 16th amongst the largest maritime countries in the world. This has resulted in the Port and Shipping Industry in India witnessing a phenomenal growth rate in recent times. According to the Ministry of Shipping, around 95% of India’s trading by volume and 70% by value is carried on through maritime transport.
India houses 199 ports out of which 187 are non-major and the remaining 12 are the major ports. Not just that! The Indian government has recognized the need for developing the port sector leading to the proposition of 6 new mega ports to be developed in the country under the National Perspective Plan for Sagarmala.
The Indian Government has allowed Foreign Direct Investment (FDI) of up to 100% under the automatic route for port and harbor construction and maintenance projects. It has also facilitated a 10-year tax holiday to enterprises that develop, maintain and operate ports, inland waterways and inland ports. All these factors underline the massive growth potential that’s displayed by the Port and shipping management sector in India and the resulting endless career opportunities.
Career Opportunities, and Key Recruiters
Professionals with an MBA in Port and Shipping Management can explore a multitude of career opportunities in diverse organizations including Shipping companies, logistics companies, supply chain management firms and ports along with Consultation agencies (logistics, supply chain management & liner trade) amongst others. Some leading recruiters that hire these professionals include Deloitte, HDFC, Mercedes Benz, DLF, Rohan Builders, J.P. Morgan, Morgan Stanley HSBC, CBRE, J.Kumar, B. G. Shrike, Shapoorji Pallonji, etc.
With the opening up of numerous opportunities in the port and shipping management industry, both the government and private agencies are eager to hire candidates from this field either experienced or freshers.
The location of these jobs will primarily be coastal areas both in India as well as overseas. The jobs normally start at the merchant officer level then move on to port manager, shipping manager and port director. The various sectors and departments of employment can be both the government and the private sector. Job opportunities can exist in the Merchant Navy, Private shipping companies, Freight department, Bulk Carrier Department and Cruise ships.
Conclusion
If the lure of the seas beckon you and you want to explore the exciting world of career opportunities that it offers an MBA in Ports and Shipping Management is your passport to enter.
MIT-ADT University offers you this course packed with unique advantages. The advantage of an excellent infrastructure backed by competent and highly trained faculty are just a few of the offerings from this award-winning educational institute. Through MITCOM (MIT college of Management) with its’ robust syllabus, an accent on the overall development of students you will emerge as a competent professional ready to take on the career opportunities that exist in this field.
All you have to do is fill in the form available at http://bit.ly/ApplyNow_MIT-ADTU and set sail on your voyage of discovery in career excellence!
