Senior managers in trade, broadcasting, and other services play a crucial role in leading and directing companies in these industries in India. Here's an overview of this career:
Senior managers in trade, broadcasting, and other services are responsible for:
- Planning, organizing, directing, controlling and evaluating operations of trade, broadcasting and other service companies
- Formulating policies and strategies to guide the company's direction
- Allocating human, financial and material resources to implement organizational policies and programs
- Establishing financial and administrative controls
- Approving promotional campaigns and overall personnel planning
- Selecting and managing middle managers and other executive staff
- Representing the company in negotiations and official functions
How to Become Senior managers - trade, broadcasting and other services, n.e.c. -
How to Become a Senior Manager
- Education: A university degree or college diploma in business administration, finance or a related discipline is typically required.
- Experience: Several years of experience as a middle manager in trade, broadcasting or other services are usually necessary.
- Skills needed:
- Strong leadership and people management abilities
- Excellent communication and interpersonal skills
- Strategic thinking and decision-making capabilities
- Financial acumen and business knowledge
- Industry-specific expertise
- Certifications: Senior managers in finance often require professional accounting designations.
The salary range for senior managers in trade, broadcasting and other services in India varies based on experience, company size and location:
- Entry-level: ₹15-25 lakhs per annum
- Experienced: ₹25-40 lakhs per annum
- Senior positions: Up to ₹50-70 lakhs per annum
Top executives in large companies can earn significantly higher, with some roles commanding salaries of ₹1 crore or more annually[5].
Industry Trends and Future Outlook
The trade, broadcasting and service industries in India are experiencing growth and transformation:
- The Indian Media and Entertainment (M&E) industry is expected to reach a $100 billion valuation by 2030[7].
- The broadcasting and cable TV market in India was valued at $13.61 billion in 2023 and is projected to grow at a CAGR of 7.85% through 2029[6].
- Digitalization and technological advancements are reshaping these industries, creating new opportunities and challenges for senior managers.
Citations:
[1] https://www.canadavisa.com/fr/senior-managers-trade-broadcasting-and-other-services-nca-0015.html
[2] https://www23.statcan.gc.ca/imdb/p3VD.pl?CLV=4&CPV=0015&CST=01012011&CVD=122376&Function=getVD&MLV=4&TVD=122372
[3] https://noc.esdc.gc.ca/CareerHandbook/ChProfile?objectid=LhDfGPpFFr%2FwuSzsMDxdsTp9Hbmkn0IauSORVMSKB8c%3D
[4] https://www23.statcan.gc.ca/imdb/p3VD.pl?CLV=5&CPV=00014&CST=01052021&CVD=1322870&Function=getVD&MLV=5&TVD=1322554
[5] https://6figr.com/in/salary/senior-management--t
[6] https://www.businesswire.com/news/home/20240321565077/en/India-Broadcasting-and-Cable-TV-Markets-Competition-Forecast-Opportunities-2019-2023-and-2024-2029F---ResearchAndMarkets.com
[7] https://groww.in/blog/best-media-stocks-in-india
[8] https://www.worldoverseasimmigration.com/canada-immigration-from-india/0015-senior-managers-trade-broadcasting-and-other-services-n-e-c/
[9] https://ddnews.gov.in/en/indias-services-sector-growth-surges-to-4-month-high-in-dec-report/
[10] https://www.ey.com/en_in/insights/media-entertainment/reinvent-india-s-m-e-sector-is-innovating-for-the-future
[11] https://www23.statcan.gc.ca/imdb/p3VD.pl?CLV=5&CPV=00014&CST=01052021&CVD=1322870&Function=getVD&MLV=5&TVD=1322554
[12] https://www.jobbank.gc.ca/marketreport/occupation/1180/22403;jsessionid=4F63B9D11EF9D29EAEB6F8E683DBB866.jobsearch77
[13] https://noc.esdc.gc.ca/CareerHandbook/ChProfile?objectid=LhDfGPpFFr%2FwuSzsMDxdsTp9Hbmkn0IauSORVMSKB8c%3D
[14] https://www.jobbank.gc.ca/jobsearch/jobposting/43198026
[15] https://www.jobbank.gc.ca/marketreport/summary-occupation/1207/22437
[16] https://www.deshawindia.com/careers/manager-senior-manager-legal-compliance-5914
[17] https://www.iimjobs.com/j/senior-manager-modern-trade-fmcg-4-10-yrs-1503191
[18] https://fco.tal.net/vx/mobile-0/appcentre-ext/brand-2/candidate/so/pm/4/pl/1/opp/21062-Senior-Trade-Adviser-Professional-Services-Grade-HEO-Mumbai-Delhi/en-GB
[19] https://www.jaroeducation.com/blog/art-of-people-management-for-senior-managers/
[20] https://timespro.com/blog/the-skills-abilities-that-the-senior-management-professionals-must-necessarily-possess
[21] https://www.canadavisa.com/major-group-00-senior-management-occupations.html
[22] https://in.indeed.com/career-advice/finding-a-job/senior-business-development-manager
[23] https://6figr.com/in/salary/senior-area-sales-manager--t
[24] https://www.quebec.ca/en/employment/learn-trade-occupation/exploring-trades-occupations/00014-senior-management-trade-broadcasting-and-other-services
[25] https://www.canadavisa.com/fr/senior-managers-trade-broadcasting-and-other-services-nca-0015.html
[26] https://www23.statcan.gc.ca/imdb/p3VD.pl?CLV=4&CPV=0015&CST=01012011&CVD=122376&Function=getVD&MLV=4&TVD=122372
[27] https://www.glassdoor.co.in/Salaries/senior-trading-manager-salary-SRCH_KO0,22.htm
[28] https://www.weathercompany.com/blog/5-new-trends-changing-broadcasting/
[29] https://www.cnbctv18.com/market/bajaj-finance-share-price-rajeev-jain-management-transition-outlook-q3-results-target-buy-sell-19548907.htm