With the creation of Telangana State on June 2, 2014, the political uncertainty in Andhra region and Hyderabad city came to an end. The erstwhile Andhra Pradesh was divided into two states – Telangana and Andhra Pradesh. Hyderabad was declared as the capital of the new State of Telengana. Peace and progress is returning to this cyber-city. With its turbulent past behind, Hyderabad is all set to regain its old glory as an MBA education hub, at par with Delhi NCR, Bangalore or Pune. This article by MBAUniverse.com presents latest facts about the economic and business environment in Hyderabad, and various options to pursue your MBA in Hyderabad.
Hyderabad Fast Facts:
• Hyderabad is fifth largest contributor to the India’s GDP.
• The city is home to more than 1300 IT and ITES firms, including global conglomerates such as Microsoft, Google, IBM, Yahoo!, Dell, Facebook and major Indian firms including Tech Mahindra, Infosys, TCS, Genpact and Wipro.
• World Bank ranked the city as 2nd best Indian city for doing business
• Corporate Headquarters of leading companies like Dr Reddy’s Laboratories, Mahindra, Satyam and Karvy, GVK Bioscience, Hetero Drugs, IIL are in Hyderabad
• Indian School of Business (ISB) has put the city of Hyderabad on global management education map. The city has many other well known B-schools.
Let1`s look at the political, economy, business and education scenario in Hyderabad.
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Political Scenario
Economy & Business Scenario
Hyderabad is decidedly one of India’s most important economic hubs, with marked growth in automobile, Information Technology, apparels bulk drugs and pharmaceuticals industry. Due to its wide economic growth, Hyderabad can be rated as the economic and financial capital of the state of Telangana. Hyderabad is the largest contributor to the state's GDP and state tax. The city generates huge revenues and contributes a lion’s share to the state's tax revenue. The per capita income of Hyderabad was Rs. 44300 in 2011
Hyderabad’s emerging future is one of India’s central Information Technology and IT enabled service hubs. Hyderabad will become a major transit hub between the US, Europe, and Asia, with the city having one of the fastest growing economies in India Hyderabad has a fast increasing tax base.
Hyderabad is home to the Hyderabad Securities formerly known as Hyderabad Stock Exchange (HSE), and houses the regional office of Securities and Exchange Board of India (SEBI). By the end of 2014, the upcoming Bombay Stock Exchange (BSE) facility in Hyderabad will provide operations and transactions services to BSE-Mumbai.
The growth of information technology (IT), IT-enabled services (ITES), insurance and financial institutions has expanded the service sector, and these primary economic activities have boosted the other sectors such as trade and commerce, transport, storage, communication, real estate and retail.
Hyderabad is a global centre of information technology, for which it is known as Cyberabad (Cyber City). In 2013it contributed 15% of India's and 98% of Andhra Pradesh exports in IT and ITES sectors.
Presence of Corporates in Hyderabad
Pharmaceutical Companies - Dr Reddy's Laboratories, Biocon, Aurobindo Pharma, Mylan, Shantha Biotechnics, Zenotech labs Ltd.
• Indian Immunological Limited is based in Hyderabad.
• GVK Bioscience Limited is headquartered in Hyderabad.
IT Companies - Infosys ,Wipro, Mahindra Satyam, Accenture, Agilent , Alcatel –Lucent , Amazon.com , Patni Computers, TCS , Zensar Technologies , Cognizant , Convergys, Dell , Delloite , HCL Technologies , iGate, IBM , DST Systems , Genpact, Wipro.
Software and Product Development - HP, Microsoft, Covansys, Sun Microsystems, SSA Technologies, Google , Yahoo.
Media Companies- Hyderabad is home to the second largest film industry in India by sheer number of films it produces. Home to Telugu film industry known as Tollywood.
• Media organization like Doordarshan, The Times of India, The Hindu, The Economic Times is present in the city.
• The regional Channels like Andhra Jyothy News, URDU TV, ABN, TV9, ETV and HMTV.
• Sri Venkateswara Cine Chitra Film Production Company Head Office.
• Sree Lakshmi Prasanna Pictures based in Hyderabad.
• 14 reels Entertainment is present in Hyderabad
Telecom --- Motorola, IMI Mobile, VSNL, Samsung are present in Hyderabad.
• IMI Mobile is headquartered in Hyderabad.
• Inno Garage consulting Company based in Hyderabad.
• Perigreen is having its headquarter in Hyderabad.
• SMSCountry Networks Pvt. Ltd based in Hyderabad
Banking & Finance - Bank of America, CFC, HSBC, UBS, BAJAJ Capital, The Hyderabad Stock Exchange Ltd, GE Capital. There is also a presence of number of PSUs in Hyderabad like BHEL, BEL, ECIL, etc.
• Microsoft is operating its largest R&D operations outside US in Hyderabad.
• Corporate Office of Dr Reddy’s Laboratories.
• Corporate Office GVK Bioscience Limited
• Karvy Private Wealth An Indian MNC is Headquartered in Hyderabad
• Mahindra Satyam is headquartered in Hyderabad.
• Hetero Drugs Headquartered in Hyderbad
• Home of Telugu Film Industry Tollywood
• NVIDIA , QUALCOMM Product Development offices in Hyderabad.
• Development Centre of Oracle.
• Presence of the corporate office of regional channels like Andhra Jyothy, Tv9 , Urdu TV
• Corporate office of Aurobindo Pharma Limited.
• Headquarter of ETV is in Hyderabad
• Elico Limited having Corporate Office in Hyderabad.
• LifeSpring Hospitals Indian Hospital Chain Headquartered in Hyderabad.
• Registered Office of Gulf Oil in Hyderabad.
• Dhama Innovations Pvt. Ltd is based Headquartered in Hyderabad.Placement Opportunities
With the rapidly growing market and booming economy of Hyderabad, there are a lot of career opportunities for the MBAs and PGDMs to start with the Global Giants present in the City. Out of many corporates mentioned above, candidates can explore sector wise placement opportunities in accordance with their interests and specializations in Hyderabad.
IT/ITES
The city is home to more than 1300 IT and ITES firms, including global conglomerates such as Microsoft, Google, IBM, Yahoo!, Dell, Facebook and major Indian firms including Tech Mahindra, Infosys, Tata Consultancy Services (TCS), Genpact and Wipro.
Pharma & BioTech sector
Hyderabad is the place for the Corporate Office of the number of Pharnacetical Industry such as World renowned Dr. Reddy’s Laboratories ,Aurobindo Pharma, Hetero Drugs, GVK Bioscience, Biocon , Indian Immunologicals Limited.
BFSI - The presence of the Banking and Financials Institutions like Bank of America, Capital Finance Company , HSBC, UBS, BAJAJ Capital, The Hyderabad Stock Exchange Ltd, GE Capital are the sources of employment to MBA Graduates.
Infrastructure & Logistics – Infrastructure and Logistics Federation of India (ILFI) declares Hyderabad as the Infrastructure Capital of India. HiTec City And the new airport are the some show pieces of emerging story. Projects such as Hardware Park , NanoTechnology Park, Fab City, Aero Park will add jewels to the city and thereby generate the new employment opportunities to the MBA aspirants.
Consulting Firms – The Consulting firms like Accenture, Capgemini, Cognizant, Deloitte Consulting , Hewitt , Keane, KPMG is continuously opening doors for the employment opportunities to the Students.
Hyderabad as Education Destination
Hyderabad is one of the leading Education hubs of South India with the presence of the 13 universities like the University of Hyderabad, Osmania University and Jawaharlal Nehru Technical University (JNTU).
Hyderabad has five major medical schools and leading technical and engineering schools such as the International Institute of Information Technology, Hyderabad (IIITH), Indian Institute of Technology (IIT-H) and Birla Institute of Technology and Science (BITS Hyderabad).
Talking about Management education, Indian School of Business (ISB) has put the city of Hyderabad on International map. The city has many well known B-schools like ICFAI IBS, VJIM, Institute of Public Enterprise (IPE), IMT Hyderabad,
The presence of the renowned global conglomerates and the renowned B-schools is going to bring a drastic change in the booming economy and thereby inviting candidates to carry their MBA programs in such corporate environment
Hyderabad B-schools at a Glance
| Name | Established | Affiliation | Program | Flagship Prg Fee (Rs Lakhs) | Placement Highlight |
Institute of Public Enterprises (IPE) |
1964 |
AICTE |
PGDM |
7.0 | 70+companies visited campus in 2014. Majority of offers from Banking Companies. 47 % offers in Marketing and 25 % in Finance.
|
ICFAI Business School (IBS) |
1985 |
UGC Deemed University |
MBA |
12 | 150+ Recruiters 950+ students placed in 2014 Highest salary Package Rs. 24 Lakh Offers in all Major sectors with 27% in IT/ITES |
Vignana Jyothi Institute of Management (VJIM) |
1992 |
AICTE |
PGDM |
6.50 | 46% offers in Marketing , 33% in Finance 16% in HR Average package of Rs. 4.5 lakhs 55 % are from Engineering
|
Siva Sivani Institute of Management (SISM) |
1992 |
AICTE |
PGDBIF |
6.75 |
200 hundred students placed in year 2014
Accredited Campus Associate of Deloitte. MOU with HDFC Bank for Placements.
|
Institute of Management (IMT) Hyderabad |
2011 |
AICTE |
PGDM |
11.0 | 80 + companies visited. 80% Batch placed with Top Corporates. 38% Marketing and 25 % in Finance Average package 6.0 lakhs |
MANAGE(National Institute of Agricultural Extension Management, Hyderabad | 1987 | AICTE, NBA | PGDAEM | 4.81 | 30 companies visited Highest package:Rs18 lakhs Average: Rs.7.04 Lakhs (2013 data) |
Vishwa Vishwani Institute of systems & Management |
1988 |
AICTE |
PGDM |
5.40 | Offers from leading Corporates in term of quality placements. Member of NHRD, AIMA, AIMS, AMDISA. |
Data source: Respective B-schools
The presence of large number of conglomerates and the Indian IT/ITES industry in Hyderabad and renowned B-Schools with the Industry Academia Interface will surely attract MBA aspirants. The stable political situation and the aim of creation of new state for the development issues will generate new opportunities. Hyderabad as the developed and sophisticated place, will produce more global leaders by putting in the growth of Economy. So Learning Management in the shadows of Global Conglomerates will effect management education and will pull more MBA aspirants to Hyderabad.
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