MBA In Sports Management: Careers, Market Trend, Growth, Salary & Top B-Schools
MBA in Sports Management allows candidates to pursue a career in an industry that is ever-expanding all over the globe. MBA in Sports Management is a full-time postgraduate program of 2 years duration which may vary as per different institutions or Universities. The program requires a candidate to qualify 3 years of Bachelor’s degree with a minimum of 50% marks from a recognized University. The course is conducted in semesters of 6 months duration each.
MBA In Sports Management: Overview
- Admission is offered on the basis of scores in the qualifying examinations such as CAT, XAT, MAT, CMAT, SNAP, etc. followed by GD and PI rounds.
- The course gives opportunities for candidates to apply their business skills in the field of sports.
- With the ever-developing world of professional sports, candidates with MBA in Sports Management can find themselves in various challenging job roles such as Player Managers, Franchise Operators, Sports Consultants, Venue Operators, Event Managers, Sports Marketing Managers, etc.
Market Growth and Trends
- It is predicted that jobs in the various sectors under MBA in Sports Management will expand faster than others because of the tremendous expansion in the sports industry.
- The contribution of the sports industry to India’s total employment is just 0.05%.
- Initiatives such as the launching of various Premier Leagues as well as the professionalization of older sports such as Kabaddi are evolving the face of the Indian sports scenario. These initiatives have shown that the sports industry has a future in India purely from the standpoint of business.
- Today sports are considered more than a game; rather it is a big weapon for the entertainment sector and it is considered as the largest revenue generators. Today, students of MBA in Sports Management hold a righteous dreamboat.
- Sports Management extends its level from the management and commencement of diverse sports for the collaboration of business-related fields with tourism, construction and infrastructure, equipment manufacturing, hospitality, marketing and merchandising.
- Today, as per data, the sports industry has shown an increment of 10% in 2015 with a worth of 48069 million rupees.
Career Growth
- As discussed, candidates of MBA in Sports Management have career opportunities such as Player Managers, Franchise Operators, Coordinator of Sport Organizations, Sports Consultants, Venue Operators, Program and Facility Manager, Event Managers, Sports Marketing Managers, Public Relation Officers, Marketing Consultants, Professional Sport Promoter, Sports Equipment and Product Sales, Sport, Sport Sponsorship Specialist etc.
- Students in Sports Management gets multiple career options in sectors such as Sports Clubs, National sporting associations, Government and private sports authorities, Management trainee. The pay package is also attractive.
- The sports industry in India holds the demand for leaders, capable managers, and team builders.
- According to annual report 2020-2021 released by Ministry of Youth Affairs and sports, in the global market, sports are considered to be one of the largest industries. The country, which is known for its service and IT hubs, is now focusing on other sectors, specifically sports. There are few professional sports managers in India. A sports management course can fill this gap and play a vital role.
- As per PIB, Ministry of Youth Affairs & Sports allocated Rs 3062.60 crore in the budget of 2022-23, an 11.08 percent rise in allocated budget as compared to the Budget estimate of 2021-22.
- The development of the sports industry in India is resulting in opportunities for management professionals in varied domains. The industry provides career opportunities in fields like coaching, sports branding, sports analytics, technology equipment management, talent management, sporting event management, sports media management, sports medicine, broadcasting and sports journalism.
- Various career paths are available in the field including coaching, sports branding, sports analytics, management of technology equipment, talent management, sports event management, sports media management, sports medicine, broadcasting, and sports journalism.
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Course Content
The core subjects of MBA in Sports Management are:
- Business Policy and Strategic Management
- Sports Facilities
- Planning and Management
- Sports Training & Conditioning
- Sports Law & Risk Management
- Sports Media and Event Management
- Sports Medicine and Nutrition
- Administration of Games
- Psychology of Sports and Ethics in Business, etc.
MBA in Sports Management instills in candidates a sense of business understanding, ethics and marketing abilities for further progress. The program also tries to inculcate in candidates the required analytical skills and decision making.
Jobs after MBA in Sports Management
- As discussed, an MBA in Sports Management can be placed in various job roles such as Player Managers, Franchise Operators, Coordinator of Sport Organizations, Sports Consultants, Venue Operators, Program and Facility Manager, Event Managers, Sports Marketing Managers, etc.
- As Player Managers, candidates will be involved in training and managing athletic activities for the maintenance of physical and mental health.
- As Franchise Operators, a candidate will need to recruit and train athletes, implementing legal regulations and ensuring complying of instructions.
- Sports Consultants organized sports programs, develop plans for the team as also individual athletes.
- Event Managers manage sports events, supervise staff and oversee events that are conducted within proper procedures.
Salary
According to Glassdoor, The highest and lowest salary for an MBA in Sports Management in India is INR 65,916 / Month and INR 10,437 / Month respectively
The highest paying jobs in this sector are:
Job Role | Mediun Annual Salary |
---|---|
Player Managers | Rs. 7-8 LPA |
Sports Consultants | Rs. 8-9 LPA |
Sports Marketing Managers | Rs. 8-9 LPA |
According to Payscale, the salary of MBA Sports Management professionals is Rs. 330k/ year (Avg. Base Salary)
Check the role-wise salary according to Payscale August 2021 data below:
Job Title | Mediun Annual Salary |
---|---|
City Manager | Rs. 663,612 per year |
General / Operations Manager | Rs. 509,780 per year |
Sales Associate | Rs. 268,646 per year |
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Top Companies
The top recruiters of MBA in Sports Management are:
- Synergy Plus
- Nielsen, Decathlon Sports
- Hotstar, etc.
One of the top B Schools for MBA in Sports Management in Bangalore, the CMS Business School, boasts of 200+ recruiters in their campus combining all MBA courses.
Top Colleges those offer MBA in Sports Management
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Top Colleges in Bangalore offering MBA in Sports Management
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FAQs
What is MBA Sports Management?
MBA in Sports Management focuses on developing skills such as planning, budgeting, organizing, controlling, directing, leading, and evaluating sports activities.
Is sports management a good career in India?
Due to rapid surge in the development of the sports industry in India, it is resulting in opportunities for management professionals in varied domains.
What are some good universities or colleges which offer an MBA in sports management?
According to Annual Report 2020-2021 released by Ministry of Youth Affairs and sports, in the global market, sports are considered to be one of the largest industries.
What is the salary of sport manager?
The salary for an experienced Sport Manager in India is INR 4, 15,021 per month. For entry level manager, INR 21,609 is per month, according to Glassdoor.com
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