Career Options After MBA

The MBA (Master in Business Administration) is a two-year post-graduate degree course that offers fantastic career possibilities across diverse industry verticals. One such degree plays a pivotal role in your development and growth and empowers you to transform into an out-and-out expert with all the necessary skills.

However, most individuals often ask questions like “What can I do after the MBA?” and “What are the career options after the MBA?”. If you also belong to this category, keep reading this informative post.

What Is an MBA?

During an MBA degree course, candidates dig into foundational subjects like Marketing, Finance, Human Resources, Operations, and Entrepreneurship. These subjects are taught via case studies, classroom lectures, experiential learning, and group projects. The subjects generally cover various topics, including organizational behavior, business ethics, decision-making, economics, and data analysis.

In MBA degree courses, students also have the chance to specialize in a specific field, like international business, finance, or marketing, depending on their career goals and interests.

Why Choose an MBA?

• As per the Global Survey conducted by GMAC, ‘MBA is the most sought-after option for graduate-level study among the students of India.’
• As per a Times of India report, the recruitment possibility after completing an MBA sits at 54%, which is considered the highest among diverse professional programs.
• There are over 14,000 employment offers currently on http://www.monsterindia.com and more than 58,000 jobs on http://www.naukri.com.
• The average yearly salary of an MBA degree holder in India ranges between ₹7,00,000-12,000 for different specialisations.
• The most desirable job positions, like Marketing Manager, Business Operations Management, Management Analyst, and Operations Research Analyst, are regarded as ‘hot jobs’ per a US and World News report.

MBA Specialisations

While the timeless and widely favoured MBA specializations remain Finance, Marketing, Human Resources, Information Technology, and International Business, in response to the shifts in the industry, several emerging areas have now been introduced in MBA. Ultimately, it’s about aligning a candidate’s attitude and skills with the sector’s changing needs.

MBA in Finance	MBA in Marketing
MBA in Operations Management	MBA in Human Resource & Organisational Behaviour
MBA in Management Information Systems	MBA in Healthcare Management
MBA in Business Analytics	MBA in International Business
MBA in Waste Management	MBA in Logistics and Supply Chain Management
MBA in Entrepreneurship & Small Business Management	MBA in Aviation Management
MBA in Banking and Insurance Management	MBA in Events & Media
MBA in IT and Systems	–

Types of MBA Jobs

After completing your MBA programme, you can pursue various jobs based on your preferences, expertise, and skills. These jobs necessitate a substantial level of industry experience and technical knowledge. Here are some of the MBA job types:

Logistics Manager	Marketing Manager
Business Operations Manager	Human Resources Manager
Purchasing Manager	Financial Analyst
Operation Analyst	Investment Banker
Management Consultant	Chief Executive Officer
Finance Manager	Product Manager
Business Intelligence Analyst	Marketing Director
Chief Financial Officer	Medical Director
Policy Analyst	Information Technology Director
Budget Analyst	Sales Director

Salary for MBA Specialisations across the World

Exploring the top job profiles and their average salaries globally will help you find the best MBA specialisation:

MBA in Business Analytics

Check out the job profiles in the table outlined below:

Profile	Salary
Business Systems Analyst	$60,000-65,000
Healthcare Business Analyst	$80,000-90,000
Business Application Analyst	$70,000-80,000
Business and Data Analyst	$80,000-90,000

MBA in Information Technology

Check out the job profiles in the table outlined below:

Profile	Salary
Information Technology Manager	$85,000-90,000
Solutions Architect Senior Manager	$80,000-85,000
IT Senior Associate	$70,000-75,000
IT Services Manager	$70,000-75,000

MBA in Finance

Check out the job profiles in the table outlined below:

Profile	Salary
Financial Management Associate	$85,000-90,000
Finance Consulting Manager	$80,000-85,000
Finance Integration & Separation Manager	$85,000-90,000
Leveraged Finance Associate	$75,000-80,000

MBA in Marketing

Check out the job profiles in the table outlined below:

Profile	Salary
P&L Controller	$80,000-85,000
Business Intelligence Manager	$70,000-75,000
Client Success Specialist	$70,000-80,000
Field Marketing Manager	$60,000-70,000

MBA in Economics

Check out the job profiles in the table outlined below:

Profile	Salary
Healthcare Economists & Trend Analyst	$85,000-90,000
Economic Analyst	$70,000-80,000
Research Economist	$75,000-90,000
Policy Analyst	$65,000-75,000

Top 10 Jobs after MBA

Selecting the finest MBA specialisation affects your career and life in the long run. MBA in Finance, MBA in Business Analytics, and MBA in Entrepreneurship are regarded as highly paid specialisations in this domain. Nonetheless, the salary of any MBA candidate is based on the interests in earning, skills, and several other considerable factors. Here’s a list of the top 10 jobs after completing an MBA:

Project Manager	SAP Consultant
Business Analyst	Business Intelligence Analyst
Digital Marketing Manager	Product Manager
Business Operations Manager	HR Manager
Finance Manager	Private Equity Associate

MBA Placements

The popularity of a Master’s in Business Administration as a sought-after post-graduate programme is unparalleled. But, selecting a college or institute marks the stepping stone towards a bright career in future. Listed below is a list of some of the best colleges with the highest CTC offered in 2023:

Name of the IIM	MBA Average Placement 2023 (in ₹)
Indian Institute of Management, Calcutta	₹35,07,000/year
Indian Institute of Management, Bangalore	₹35,30,000/yearly
Indian Institute of Management, Ahmedabad	₹34,36,000/yearly
Indian Institute of Technology, Bombay	₹30,35,000/yearly
S. P. Jain Institute of Management & Research	₹33,02,000/yearly
Indian Institute of Management, Kozhikode	₹31,02,000/yearly
Indian Institute of Technology, Delhi	₹25,82,000/yearly
XLRI – Xavier School of Management	₹32,70,000/yearly
Management Development Institute	₹60,00,000/yearly
Indian Institute of Technology, Kanpur	₹45,00,000/yearly

Top Recruiters for MBA Students

The demand for MBA graduates is high in every sector. As an enterprise develops, the requirement for an expert arises, and there’s heightened demand for MBA graduates. Here are some of the top MNCs that employ MBA graduates:

Amazon	Goldman Sachs
Google	Microsoft
Hindustan Unilever	Boston Consulting Group
McKinsey & Co.	Coca Cola Company
Bain & Co.	JPMorgan Chase & Co.

Career Options After MBA – FAQ

What is the next step after MBA?

A Ph. D. in management offered by different IIMs will help you gain a deeper perspective into management. It is an ideal course after MBA, especially for those in the consulting field and those looking for a career in academics.

Is MBA good for future?

An MBA degree is one of the best degrees to do after graduation and this degree has a lot of value in the professional world.An MBA degree also ensures you develop into a good professional having a good personality, confidence, and leadership skills.

Who earns more CA or MBA?

The average salary of a CA is around INR 8.06 LPA while the salary of a MBA Graduate is around INR 4 L – 5 LPA.

What is the Big 4 after MBA?

Deloitte Touche Tohmatsu (Deloitte), PricewaterhouseCoopers (PWC), Ernst & Young (EY), KPMG – the BIG 4 firms and probably the dream for any finance professional. These 4 firms dominate the market when it comes to the finance, consulting and accounting industry.