Jobs After MBA

Being one of the most sought-after degrees in the world, MBA has developed to include various multidisciplinary course offerings, ranging from fashion technology, marketing management, and computer science to name a few. By the time they graduate and prepare to enter the real world and the corporate sector, depending on their expertise, they have not just one, but numerous employment prospects set up for them. But before you choose to pursue an MBA degree, it's crucial to match your desired career with the appropriate MBA specialization. Here are the top MBA positions you can research across specialities to find the perfect match for your interests and career goals. Know More: MBA Finance Jobs

An academic qualification offered by business schools is a master's degree in business administration, or MBA. The usual time to complete this advanced degree is two years. An MBA demonstrates the possession of crucial commercial and management skills such as research, long-term planning, and leadership. While enrolled in an MBA programme, which normally offers classes in accounting, economics, and marketing, students may decide to specialise in a business-related field.

Also Read: PGDM Course

Also Read: Best MBA Specializations with high paying jobs in India.

Know More About- MBA Specializations 

Why should one pursue an MBA?

Many people think about getting an MBA for a variety of reasons, including:

1. To get a higher salary
2. To get a promotion in a short period of time
3. Change work profile
4. Enhance knowledge
5. Ensure better networking
6. Add value to one's CV
7. Become an entrepreneur or start your own business

Read More: PGDM vs MBA

Top MBA Specializations List

1. Finance
2. Business analytics
3. Business management
4. Logistics management
5. Operations management
6. Human resource management
7. Healthcare management
8. Rural management
9. Event management
10. Information technology
11. Marketing management

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MBA Salary in India – Specialization Vise

Choosing a specialized field is recommended as it helps a student to gain in-depth knowledge related to the area of specific interest.

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MBA Finance

MBA Finance Syllabus

Top MBA Entrance Exam leading to best Jobs in 2022

Not all colleges accept CAT score,Some conduct their own MBA entrance exams whereas other take admissions based on scores of various entrance exams. Below is a list of Entrance exams and the colleges considering those exams for admissions in their MBA course.

Read More: Distance MBA

MBA Entrance Exams Application Date

Check also the salary structure of some of the top engineering courses:

Top MBA Recruiters

The Top MBA Recruiter in India are as follows:

MBA Graduates Top Recruiters: Globally

The MBA top recruiter globally are as follows:

• Amazon
• Apple
• BCG
• JP Morgan
• Google
• Deloitte
• Accenture
• Morgan Stanley
• AT Kearney
• Microsoft

Skills Required for MBA Jobs

The top MBA skills in demand are-

• Teamwork
• Problem-solving aptitude
• Interpersonal communication
• Flexibility
• Collaborative approach
• Leadership skills

Candidates should have the requisite MBA skills for a successful post-MBA career in addition to knowledge. A small number of MBA recruiting managers also ask for technological skills includes:

• Cloud Computing
• UX design

MBA Jobs in Abroad

Students who obtain MBAs find employment both domestically and overseas. Top B-Schools in India are a source of hires for many MNCs. After receiving an MBA from an IIM, it's not uncommon to be hired by a foreign company. 

For MBA graduates who studied overseas, there are numerous specialties with great employment prospects. An MBA in hospital administration abroad has a lot of possibilities. A large number of MBA graduates work for a foreign hotel company. 

Numerous job prospects are available in the tourism industry for those studying hotel management. Employers abroad prefer students with prior work experience, making it challenging for recent graduates to get MBA positions abroad. 

Many students are known to defy the trend, though, by earning high grades. The MBA pay is one of the most tempting benefits of studying abroad.

Jobs After MBA

MBA graduates from top-tier institutions can get coveted positions. Students can work in hospital administration, hotels, or start their own businesses depending on their area of specialization. The top 10 MBA positions in India and worldwide are shown below:

Jobs After MBA  in Finance 

Financial Advisor: Every firm depends on money to function. In determining a company's future, the finance team is crucial. It's important to consider how you spend your money as well as how much you have. A financial advisor specializes in this area. The objective of a financial adviser is to counsel the firm on financial concerns and develop financial strategies that will assure the growth and stability of the organization. It is one of the top MBA professions with high-paying packages and incredible benefits. Financial advisors are responsible for overseeing a company's investment, savings, budget, and taxation plans.

Management Consultant: A top MBA position with a strong rate of job growth is management consultant. The purpose of a management consultant, as the title suggests, is to assist businesses in managing better and performing better as a result. In essence, they offer the company advice on issues connected to the use of technology, process analysis, and strategy formulation, all of which improve the company's success. They examine numerous data and identify the areas that might be improved.

Jobs After MBA in HR (Human Resource)

HR Manager: The responsibility of the human resource (HR) manager is to manage a company's workforce in a way that maximises performance. In addition, an HR manager is in charge of supervising hiring, training, and development of staff members, as well as reward administration. The role of an HR professional is to maximise human capital for the benefit of the organisation as a whole, which is another significant addition to our list of the best MBA careers.

Marketing Manager: The importance of the position of marketing manager is increasing over time and it is also one of the most paying MBA positions. It is the responsibility of the marketing manager to develop strategies that will help the business expand its market. Marketing managers create successful marketing and advertising programmes and strategies to achieve this goal. In order to maximise sales for any organisation in which they work, a marketing manager's overall responsibility is to boost sales.

Jobs after MBA in Business Management

Product Manager: A product manager's primary duty is to closely coordinate the design and development of various products for a corporation. Product managers have one of the best and highest-paying MBA professions, which requires them to take customer feedback into account when developing a roadmap that would boost the product's future sales. When it comes to product development, they collaborate closely with the engineering, marketing, design, and sales teams to guarantee optimal synchronization.

Average Salary - INR 14,05,100

Business Operation Manager: A business operations manager's responsibility is to establish a coordinated work environment. To establish objectives, carry out projects, and enhance organisational procedures, they collaborate across departments. Any large-scale organisation with a lot of departments that need to coordinate needs a business operations manager. The role of a business operations manager is one of the most important and highly paid MBA careers as a result.

Average Salary - INR 14,39,838

Jobs after MBA in Healthcare Management 

Health Service Manager: All operational tasks necessary in a hospital or other medical facility are carried out by health service managers. The main duties involve organising, managing, and coordinating healthcare services. Healthcare has become the top priority in today's globe, thus an MBA position in the industry provides a lot of room for advancement.

Average Salary - INR 4,50,000

Jobs After MBA in Marketing

Sales Manager: A sales manager is in charge of a company's sales division. He or she is in charge of overseeing the procedure through which the company's goods are delivered to clients. Other duties include coming up with plans to reach quarterly or yearly sales targets.

Average Salary - INR 7,37,000

SEO Manager: The brand's sponsored search efforts are managed by a Search Engine Optimization (SEO) manager or a Search Engine Marketing (SEM) manager. An SEO manager's duties also include managing display ads on Google.

Average Salary - INR 7,00,000

The strategy, funding, execution, and other aspects of these brand initiatives are all managed by an SEO manager.

Digital Marketing Manager: The most recent marketing techniques and tools must be understood by you as a manager of digital marketing. You will be in charge of managing digital marketing initiatives, from developing the idea to putting it into practice. A manager of digital marketing may also work closely with the full marketing team to assist the launch of initiatives.

Average Salary - INR 7,20,000

Jobs after MBA in Information Technology

IT Manager: Examining the technical and technological aspects of an enterprise's operation is the primary responsibility of an information technology (IT) manager. The main technical assistance offered by an information technology manager is network planning and tech support. You are aware of how significant technology has become in the modern world, and the position of the information technology manager in every company, particularly e-commerce and e-businesses, is similarly significant. Consequently, it ranks as one of the top MBA positions.

Average Salary - INR 11,27,515

Business Consultant: A business consultant offers recommendations for enhancement in fields such as management, security, accounting, and law, among others. A business consultant, in short, carefully examines the performances of several divisions and identifies areas for improvement. Increased revenue and decreased expenses are the objectives of a business consultant.

Average Salary - INR 11,98,444

Different MBA Job Roles

When students start their jobs, many MBA students have little to no experience in the industry they have chosen. Accepting an entry-level position that will allow you to move to a more demanding, higher-paying position is advantageous in these circumstances. If you recently or soon plan to graduate from an MBA programme, take into account these entry-level positions:

Marketing experts: They support the creation and implementation of marketing plans. They could also be in charge of the social media accounts for their business and ensure that its branding and aesthetic are upheld across all platforms.

Financial analysts: They assist in steering an organization's financial strategy based on the organization's financial health and market trends. Other duties include analysing financial risk and giving investment recommendations.

Officers of compliance: These professionals ensure that the regulations established by both internal processes and external regulatory bodies are obeyed.

Healthcare managers: They oversee operations at hospitals and clinics as well as other medical facilities. They are in charge of organising the services offered there and managing the experts that work in these settings.

Public Service Manager: Public service managers are members of the government who are in charge of carrying out state programmes or policies. Their primary duty is to supervise the people and operational components of these programmes.

Database analysts: By monitoring databases, they ensure that they are secure and up to date for their respective organizations. They maintain existing databases to ensure that they are functioning properly while also developing and implementing new databases to meet the organization's growing needs.

College Placements After MBA

In accordance with the campus placement opportunities provided to graduates, MBA colleges are frequently regarded as the best. The MBA college placements that they provide are the main reason why every MBA applicant aspires to be accepted into an IIM.

IIM Placements- Average Salary, Highest Salary

Every IIM places more workers than 10 LPA. Here is a comprehensive list of all the IIMs in the nation's average CTC packages for this year.

MBA Jobs and Salary

Those with an MBA land one of the best jobs. Possibilities for employment at hotels and hospitals. Here are some of the most well-known job descriptions and their associated salaries:

MBA Jobs in India and Abroad: Scope

Without a question, the MBA is one of the most sought-after programmes both in India and overseas. In fact, individuals who have completed degrees in a variety of professions, including BTech and MBBS, are thinking about getting an MBA. Due to its popularity both domestically and internationally, MBA is one of the most sought-after courses. The benefits of having an MBA degree include a good income and excellent professional options. There is a vast range of MBA opportunities both domestically and internationally. Graduates of MBA programmes are equipped to support their own personal development. An MBA is an excellent choice to jumpstart your career or if you are changing careers.

MBA Jobs- Government Sector

In India, working for the government is very common. An MBA provides a wide range of prospects in the public sector as well, so it does not limit students to the business world. In the marketing, finance, or human resource departments of any government agency, students may serve as marketing trainees. Banks offer a variety of employment at varying levels. Another well-liked industry for MBA grads is PSUs. In addition to this, there are numerous government tests that students can take.

How can you get hired after MBA?

An MBA can assist a person acquire their ideal MBA position. Let's talk about the benefits of having an MBA for landing the employment you want.

Cross-Cultural Skills and abilities: Every business wants their staff to be more tolerant of other people and cultures. This promotes the efficient and effective operation of the business. They perform better in their MBA because they have more respect for those from different cultures. Jobs and combine to form a closed unit within the company. Students from various locations come together to study as a group while pursuing an MBA, fostering understanding and respect between cultures.

Knowledge gained from Experience: MBA is a course where students learn about the operations of various businesses and circumstances. Students learn from, comprehend, and apply a variety of case studies, which enables them to avoid making the same mistakes twice.

Developing Powerful Networks: MBA During their two-year stay, students study together, but the bonds they form there endure a lifetime. Despite studying together, the majority of students work for other businesses. Despite the fact that their MBA jobs are in different places, the relationships they formed throughout their MBA remain and can be useful in their future professions. Companies engage in these encounters to strengthen their connections with other businesses throughout the world.

Leadership Skills: Over the course of the two years of an MBA programme, students learn how to be effective leaders. They also participate in internships, which expose them to real-world situations. Every employer wants to hire kids with leadership skills. An MBA enables students to discover their leadership potential.

FAQ's

Q. Which MBA has the highest income?

The MBA Specializations that offer the best salary are MBA Finance, MBA Entrepreneurship, MBA Marketing, MBA Operations etc

Q. What MBA is in higher demand?

In India, all MBA specialisations are in demand, but MBA in Marketing is the most sought-after, followed by MBA in Finance and MBA in Human Resources.

Q. Which occupations are available to MBA holders?

After completing an MBA, there are numerous positions accessible, including sales manager, information systems manager, management analyst, etc.

Q. What distinguishes a specialized MBA from a regular MBA?

You can enhance the specialised talents with the help of a specialised MBA. A general MBA is designed to increase your general business knowledge.

Q. Are CAT exams accepted by overseas universities for MBA admissions?

Not all foreign colleges or business schools recognise the CAT exam results. Among the many are the Asian Institute of Management and the Stuart School of Business at the Illinois Institute of Technology. They accept CAT exam results and provide MBA programmes.