Strategic Management is a way in which strategists set the objectives and proceed about attaining them. It consists of the analysis, decisions, and actions of an organization undertakes in order to create and sustain competitive advantages. It is defined as a set of managerial decisions and actions that determine the long term performance of a business enterprise. Strategic Management can also be defined as " the identification of the purpose of the organisation and the plans and actions to achieve the purpose. It is that set of managerial decisions and actions that determine the long term performance of a business enterprise. It involves formulating and implementing strategies that will help in aligning the organization and its environment to achieve organisational goals."
Courses offered by different Institutes :-
Top 10 Collges offering Strategic Management in India :-
1. International Management Institute - New Delhi, Delhi
The range of salary completely depends on the academic achievements, personal skills and capability. As a fresher,At initial level a candidate can earn a pay scale ranging from Rs.10,000 to Rs.15,000 per month and after earning relevant experience in this field he/she can earn up to Rs.40,000.
There are lots of job opportunities in this field . In the Strategic Management simulation, students start a new company that enters the microcomputer industry. They deal with Marketing, Product Development, Accounting, Finance and Manufacturing Fundamentals, Financial Analysis, Business Partner Negotiations, Human Resource Management and e-Commerce.
Your ability to integrate science and social science in complex, multidisciplinary problems makes you well suited for jobs in high level strategic management field.
Eligibility Criteria For Under Graduate Program-