Which has a better scope and why: Operations or Innovation Management /Entrepreneurship?
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Operations has a better scope as compared to innovation management and entrepreneurship. The major reason is that it is done by majority engineers. They will have both technical and managerial skills for their career development. The highlight of this course is that majority of engineers who are not able to get jobs after B.Tech or BE are going for MBA operations.
Innovation management is a small subject with less job prospects. Innovation Management always put forth new trends in the management world like product development, out of box approach etc. For an innovation management student, he /she should have good thinking capabilities.
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Surely, you should go for operations management if you wish to pursue your career in the field of supply chain, logistics, operations, etc., and if you want to be a business innovator then you should go for the entrepreneur management if you have your own idea of business so if you are able to convert your own idea of business into reality then you are an entrepreneur. And if not then the scope of operations is more as it is much older field then the entrepreneur management. You would be working in procurement supply chain, logistics function, etc. In the field of operations, you would require to work as an operations manager, logistic...more
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These courses are newly included in management, just few years back and as you know new things take time. So as for now there is lot of empty space there, for this two sections in vacancies whereas it has lager scope with less candidate which means higher package of salary to be offered but not that higher and even rather than relying only on such courses one should try on their communication skills as these thing gives you a lot of increment in salary and quick hiring as well.
And yes these specials only give you the idea of business how to, etc. And as nowadays new businesses, the so called startups are growing drastically these both...more
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