Kamaldeep
01 February, 2024
Table of Contents
Each year, millions of students globally enrol in management programmes in different specialisations like Human Resources, Operations, Finance, Marketing, Sales, etc.
MBA or Masters of Business Administration has garnered a status of prestigious educational degree since the past few decades for the kind of prospects it offers to the learners. With time, education has also been digitised in its nature of learning, and today, MBA can be pursued through different modes like online, part-time, executive mode, etc.
Leadership Management is one such specialisation which is offered in a masters degree in the field of management which deals with the knowledge, acumen, skills and abilities that a person who wishes to work at high-level position like handling a team of other professionals need to have.
There are various leadership theories that exist which attributes to the fact that there are certain skills and abilities that an individual possesses that makes them a leader. Specific traits and behaviours increase the capabilities in an individual to become a leader that involves the output from professionals across different teams and develops a working style which encourages individuals to adopt a sense of ownership in themselves regarding their work.
Why is leadership management a different degree out of all other specialisations? In any organisation or an institution, an effective leadership plays the crucial role of bringing in success and maintaining sustainability. A successful leader does not work for his/her personal gains, rather puts his or her efforts towards a common goal and status, not only adaptable to the changing trends but has a dynamic interplay in terms of its nature and value.
A leader in general is an individual who can influence, motivate, and help people to contribute towards something which is morally right in its nature.
Management is an art of running an organisation or a set of people or entities in an efficient manner to achieve a particular goal.
Leadership Management, therefore, is a framework that explores the different dimensions of organisations from political to structural to symbolic behaviours that focuses on an individual, a group and their interactions at the system level.
A learner who is interested in the field of Leadership Management should know the very basic rule of it; to not only manage but to effectively lead while collaborating with others is crucial. Professionals working in the leadership management field must possess the following qualities:
There are various top profiles that exist in the field of Leadership Management that individuals can go for if they are interested in exploring this particular niche. However, a person has to hold some level of experience to reach the levels of leadership position in any workplace. Here are some of the career prospects after a business degree in Leadership Management.
| Sl# | Job Role | Average Salary |
| 1 | Production Manager | INR 13.2 LPA |
| 2 | Department Supervisor | INR 12 LPA |
| 3 | Director of Operations | INR 37 LPA |
| 4 | Chief Financial Officer | INR 53.6 LPA |
| 5 | Chief Executive Officer | INR 43.6 LPA |
Let’s discuss these jobs in detail:
A Production Manager is responsible for the final output of a product that is either to be used by the company or for the clients. A Production Manager will see through all the stages of production of a product and will make sure that all ethics, standards and quality checks are maintained. Deciding what final form a product takes up and what purpose it will serve, is what the Production Manager is responsible for.
Average Salary: INR 13.2 LPA
In any business or workplace, there are different departments functioning synonymously with each other to bring the best results in favour of the company. However, if one department lacks, the effect on the efficiency and the output is seen in terms of the work scale of other departments as well. Therefore, a department supervisor looks after the functions and operations of a particular department and makes sure that all processes flow without any errors.
Average Salary: INR 12 LPA
As a Department Supervisor is responsible for the function of a particular department, the Director of Operations looks after the operations of all departments in general, since he is the head of all. The Director of Operations can be seen as a principal in an institution who keeps an eye on different members of the teaching staff who make sure that the learning process is conducted in the most productive manner. The Director of Operations is also the one who often makes the last call on what processes to follow through, and what should be stopped.
Average Salary: INR 37 LPA
It is a well-known fact that no business or firm can function without monetary resources. Money is an integral part of an institution, be it for employing people, running different operations or handling clients. To make sure that the money is multiplied in value and the clients are served with the best of solutions, the Chief Financial Officer takes up the role of handling each of these duties. He is the one who handles monetary resources, deals with finances and invests them at the right time to accelerate the growth and value of a company.
Average Salary: INR 53.6 LPA
Also known as CEO, he is the face and the leading man of any organisation. Different departments like Finance, Operations, Marketing, Human Resources, etc. function under the leadership of a CEO. He is the one who has the final say in how things are to be executed at a workplace. A CEO constantly works towards the growth of a company, customer satisfaction, and collaborative gain of each professional at the workplace.
Average Salary: INR 43.6 LPA
| Regular MBA Colleges | Average Fee (INR) |
| Jain University (Public Policy and Leadership) | – |
| BITSoM | INR 27,20,000 |
| Online MBA Colleges | Average Fee (INR) |
| Jain University Online (Online MBA in Entrepreneurship and Leadership) | INR 1,70,000 |
| Amity University Online (Entrepreneurship & Leadership Management) | INR 1,79,000 |
| O.P. Jindal Global University | INR 1,75,000 |
| Suresh Gyan Vihar University (Project Leadership Management) | INR 80,000 |
| University of Mysore | INR 64,000 |
The art of Leadership Management caters to a culture that fosters accountability, collaboration, improvement and creating an environment where the professionals flourish and an organisation strives for the best. The business landscape keeps evolving in changing leadership. Management is about advancing through all changes and making a place in the global market. It is crucial to empower the team’s potential and also develop the qualities of a great leader.
As Harvey S. Firestone, a successful American businessman has said, “The growth and development of people is the highest calling of leadership.”
