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Salary and Career Options After MBA

Salary and Career Options After MBA

MBA Entrance | CAT | 17th October 2022

Master in Business Administration (MBA) is one of the most popular and sought-after courses in India. Its popularity amongst students is due to varied reasons. However, students should know that perfect life just does not commence after the MBA program. MBA graduates should plan and have their goals in place to head start their career in the right direction.

The aforementioned MBA is a prime choice owing to factors like launching into a progressive career, making a shift in the career, enhancing personal growth, adding brand value to self, etc. And as one is aware of why an MBA? The next move should be to prepare with an information base about jobs that require an MBA. Accordingly, you can figure out how to nurture your career interests.

Work avenues after completing your MBA are numerous. And while considering job opportunities, the student must be aware of all aspects to ensure no obstacles to success. Several domains like business planning, consultation, public relations, resource analysis, etc. will be part of your job profile. However, the specifics depend on your specialization.

Points to keep in mind while considering a job

The MBA program opens the door to many career prospects. Following are the factors that one must consider while taking up a job-

  • Job Profile

  • Salaries and Benefits

  • Organization

  • Working Hours

  • Location of Job

Job Opportunities and Career Scope

Following are some of the top career opportunities available to MBA graduates-

  1. Banking and Finance: Jobs in this sector are available with Banks, Security Firms, Insurance Companies, and Various Financial Organisations. It includes security & Investment, analysis, and portfolio management. Similar Job positions are in corporate treasury, business operations, and credit analysis. Other job profiles offered by Banks are for Commercial Banking, Corporate Banking, Wholesale, Risk Management, Compliance, Relationship Management, Treasury, etc.

  2. Information System Management: With the advancement in the services sector, management of all information technology resources becomes requisite. A technologically equipped candidate is a preference here. The job profile includes the provision of thorough expenditure analysis for appropriate use of technology while working with economic and administrative departments.

  3. Investment Banking: The job role is to facilitate the connection between investor clients and fund needy organizations. The candidate must be able to assess what fits best for the clients and be able to deal with acquisitions and mergers as well as clients. Other options in job opportunities are Treasury, Securities, and Investment Management.

  4. Data Analytics: With Data being the new oil in the economy, this job has been increasingly in demand. Comprehending "Big Data" has become essential in all kinds of businesses. Thus, many companies hire management candidates as Data Analysts and Data Scientists.

  5. Entrepreneurship: Starting something of your own becomes easier with an MBA program. MBA boosts your skills and abilities as an entrepreneur.

Salary after MBA Program

Job Profile

Average Salary Per Annum

Management Consultant

Rs.14,00,000

Account Manager

Rs.8,00,000

Finance Manager

Rs.11,00,000

Regional Sales Manager

Rs.11,90,000

Financial Analyst

Rs.4,80,000

Executive Assistant

Rs.3,25,000

Senior Sales Executive

Rs.3,90,000

Area Sales Manager

RS. 7,90,000

IT Business Analyst

Rs. 6,00,000

Marketing Executive

Rs. 3,50,000

Relationship Manager

Rs.4,30,000

IT Project Manager

Rs. 13,50,000

Operations Manager

Rs.7,98,000

Senior Business Analyst

Rs.9,49,000

Marketing Manager

Rs.7,50,000

Business Development Manager

Rs.6,00,000

Human Resources Manager

Rs.7,40,000

Business Development Executive

Rs.3,50,000

Possibilities in terms of your career after the MBA course are increasing day by day. MBA is a gigantic skill-oriented professional program. Once you have completed your degree, you have immense opportunities knocking from the corporate world.