Today, management has become a catchword in many countries. Actually, it is essential in all sectors and plays a significant role in the overall development of a country.

Generally, management means leading and controlling a team, planning policies and maintaining good public relations.

The courses are disciplinary and work under the principle, which is a fusion of economics, psychology, equipped management and quantitative techniques.

Also, management means adapting to the situation and doing things right. The variations in the sector are influencing the corporate world and increasing better career options along with better placement opportunities.

The field of management is vast, and it serves every sector, be it corporate, government or social. Business management entrepreneurship, corporate banking, chartered accounting, interior designing, information technology and many other sectors are chosen from, and they hold the capacity to supervise and organise the entity.

It is not easy to be a manager.

Actually, becoming a manager is a tough job. There may be disruptive colleagues or supply and a lot going on at once, but someone's got to do it.

The upside is that managerial roles are known for being higher paid as well as boosting opportunities for career progression or even a career U-turn.

Big or small, global or national, managers can be found across all industries and sectors, and their job is to provide a strategy to a workplace. For this, they should have good management skills and have the capacity to hold a large mass at once.

Business does not have to be a dog-eat-dog world, and careers within human resources offer roles which require business acumen and highly-honed interpersonal skills.

Opportunities in marketing and advertising are ample for business graduates, especially for those with a bit or creativity.

Such graduates can use the analysis and report writing skills developed during their study to conduct market research, develop marketing strategies, manage client relationship and liaise with copywriters, designers and printers.

They can analyse markets and evaluate campaigning results.

Management has been considered a panacea for tackling different kinds of problems.

However, it has failed in many countries, especially in the developing and least developed ones becauseit has been trimmed down to more manipulation or maneuvering to concerned purposes. Despite some shortcomings, good management is essential to develop every sector; such management is indispensable for overall development.

A version of this article appears in the print on February 16, 2021, of The Himalayan Times.