MBA in Hotel Management - Careers, Salary, Jobs, Scope

MBA in Hotel Management: Brief Summary

Why MBA in Hotel Management?

MBA in Hotel Management is a 2 year PG level course in the field of hotel management. Candidates need to be at least a graduate from a recognized university for admission into this course.

The general nature of work of MBA graduates in hotel management is to lead his team who are responsible for food, accommodation, lodging, hospitality etc and ensure that the customers feel comfortable throughout their stay.

Top colleges offering MBA in Hotel Management-

• Institute of Hotel Management (IHM), Delhi
• Institute of Hotel Management (IHM), Mumbai
• International Institute of Hotel Management (IIHM), Kolkata
• Ansal University, Gurgaon
• Amity University, Noida

Graduates of this degree get to work not only in hotels and resorts but also at airlines, restaurants, educational institutions etc. The person may have to travel depending on the number of hotels under his management and the places they are located in.

The average working hours vary according to the role the candidate is recruited for. It should be kept in mind that the hotel & hospitality industry is a 24*7 functional industry and the candidate may have odd working shifts.

MBA in Hotel Management Job Roles and Career Opportunities

The most popular job roles that are offered to students with this specialization are:

• Hotel Manager
• Hospitality Executive
• HR Manager
• Finance Manager
• Entrepreneur
• Accounts Manager
• Customer Service Professional
• Catering Assistant Supervisor
• Cabin Crew
• Catering Officer

The detailed description of the top five job roles in Hotel Industry:

Hotel Manager

• Nature of Work: Hotel Manager’s main tasks include recruiting the personnel, training and supervising them. He is also the one who has to take care of customer complaints.
• Types of Companies: Hotels, Motels, Residential clubs, Resorts, Inns.
• Eligibility: Both high school pass-outs and graduates with relevant work experience are eligible to become hotel managers.
• Average Salary:  Varies from Rs 2 lakhs to 10 lakhs or more depending on the hotel.

Hospitality Executive

• Nature of Work: As the name itself describes, hospitality executive has to ensure the satisfaction of the customers. He/she must put all efforts in making customers happy and comfortable during their stay. He/she must also suggest the higher authority to install any new amenities in the hotel that may make the stay of their guests more comfortable and joyful, acting as a liaison between the management and guests.
• Types of Companies: All the places where mass amounts of people come and stay for a while requires the appointment of hospitality executive. Apart from places like Hotels, Motels, Residential clubs, Resorts, Inns, these people have employment opportunities in the Functions, Parties etc.
• Eligibility: The personnel must have at least a graduate degree in Hotel management.
• Average salary: Rs 4,15,890

HR Manager

• Nature of Work: HR Manager takes care of the human resources in the organization; the typical duties include employee relations, compensation, benefits, safety, performance and staffing levels. They also conduct interviews and appoint those who meet the minimum requirements for the position.
• Types of Companies: Technically every organization; irrespective of the field.
• Eligibility: At least a Bachelor’s degree (any field) is needed for entry level jobs and advanced degrees and work experience for big and reputed companies.
• Average salary: Rs 6,13,258

Finance Manager

• Nature of Work: Finance Manager is the one who takes care of all the financial-related aspects of the organization. He is the one responsible for preparing budgets, maintaining accounts records and controlling the cash flow.
• Types of Companies: Every medium or big organization hire a financial manager but the MBA graduates of Hotel management.
• Eligibility: God background in mathematics, statistics, and economics would help to secure a job as a Finance Manager.
• Average salary: Rs 9,55,074

Entrepreneur

• Nature of Work: Entrepreneur is the person who innovates and improves the industry. He/she identifies and fixes the flaws in the existing system and sells them.
• Types of Companies: They do not work for companies instead they start companies. A renowned example of a start-up venture in the hotel industry is OYO Rooms.
• Eligibility: There is no eligibility criterion for being an entrepreneur but having a good knowledge in the nature and working of the industry helps one to innovate best, therefore, this degree helps them in acquiring that knowledge.
• Average Salary: Depends on the venture.

MBA in Hotel Management: Salary

The average salary offered for an MBA in Hotel Management fresher with 1 to 4 years of experience in Hotel Management is Rs 4 to 5 lakhs annually. The salary increases up to Rs 14 lakhs and more annually for a person with 5 to 9 years of work experience. Payment varies with the size of the organization and the experience of the personnel.

The management jobs, especially in the hotel sector, have evergreen opportunities and growth. It is often quoted that even Artificial Intelligence (AI) cannot replace their roles as AI could only deal with the expected problems.

Recruiters

Major recruiters include national chains of hotels, individual motels, hotels, lodges, resorts etc. Restaurants, Airports, Hospitals also recruit students with MBA in hotel management.

• Taj Hotels
• The Park hotels
• The Sarovar group
• ITC
• OYO
• Zomato
• Disney world

Specializations offered

There are two specializations in MBA Fashion Management. They are 1) MBA in Hospitality Management 2) MBA in Global/Business Management.

MBA in Hospitality Management: This program helps students to understand every detail about the functioning of hotels and restaurants. Students with this degree can have good career opportunities with national chains of hotels, resorts, theme parks, leisure facilities etc.

MBA in Global/Business Management: This program helps students to understand the entire tourism industry and a limited knowledge in hospitality. Students can have a career opportunity as managers in the areas of operations management, supply chain management and administrator positions in government and NGOs.

MBA in Hotel Management: Syllabus

Major subjects that would be taught in the management course of Hotel & Hospitality are:

• Essentials of Business Management
• Law for Global Business
• Managing with Technology
• Applied Marketing
• Hospitality and Organization Management
• Applied Managerial Economics
• Strategical Financial Management
• Business Operations
• Business Strategy
• People and Systems in Organization
• Industry Training

Popular colleges offering MBA in Hotel Management

Below is a list of top colleges offering MBA in Hotel management course–

Some more colleges offering this course-

• Amity School of Hospitality
• RIG Institute of Hotel Management
• GD Goenka University
• AIHM Institute of Hotel Management
• Sun International Institute of Hotel Management

Requirements for MBA in Hotel Management

Anyone who is interested in the management career, especially in the Tourism and Hospitality Industry, can take this specialization.

• Clearance of class 12^th from a recognized board
• Candidates need to be at least a graduate from a recognized university. Popular institutes prefer at least 50%
• Entrance exams score of CAT, XAT, MAT, CMAT etc