Sounak Banerjee Associate Content Manager
Associate Content Manager
The Master of Business Management (MBA) programme is a specialization course that majorly concentrates on the different facets of business management and administration. An MBA can boost brand value in the eyes of potential employers and help start a successful career in the business world. But the majority of people frequently ask themselves, "What can I do after an MBA?" or "What can we do after an MBA?"
Candidates aspiring to pursue MBA should consider all the benefits and drawbacks of each MBA specialization because of the ample and distinct business and management streams that are available. To get the most out of an MBA degree, candidates should first conduct research and have a basic idea of the various courses.
Candidates aspiring to pursue jobs after MBA can choose to become a Banker, Bank Manager, Investment Banker etc. The MBA salary for each career varies from one to another depending on a candidate’s qualifications, experience, residing area and many other factors. Usually, the salary for each career ranges between INR 3.25 LPA - 4.10 LPA. Tabulated below is the average salary for each profession for your reference.
Courses after MBA
After successfully completing an MBA degree, candidates can choose to pursue various degree courses as well as certificate courses, specializing in certain subjects. Post completing courses candidates are benefited in terms of a higher salary, better job opportunities and skill development. Discussed below are some of the courses that can be pursued after completing an MBA degree.
| PhD in Management | ISB Certificate Programme in Business Analytics (CBA) |
| NSE's Certification in Financial Markets | Fellow Programmes in Management from IIMs |
| Chartered Financial Analyst (CFA) | Financial Risk Management (FRM) |
| SAP FICO course | Doctor Of Business (DBA) |
| Post Graduate Diploma in Computer Applications (PGDCA) | Personality Development Course |
Long Term Courses
Some of the top long term degree courses that can be pursued after completing an MBA degree are tabulated below for your reference.
| Doctor of Philosophy in Management (PhD in Management) | Doctor of Business | Post Graduate Diploma in Marketing Management |
| PhD in Management Studies | Executive MBA | - |
Short Term Courses
Some of the top short term courses or Certificate courses that can be pursued after completing an MBA are tabulated below.
| Financial Risk Management [FRM] | Doctor of Business Administration |
| Certified Information Systems Auditor (CISA) | Chartered Financial Analyst |
| ISB's Certificate Programme in Business Analytics | Certification in Risk Management Assurance [CRMA] |
| Project Management Professional (PMP) | Post Graduate Diploma in Computer Applications (PGDCA) |
| Certified in Production and Inventory Management (CPIM) | Data Science Courses |
| Data Analytics Courses | Human Resource Management Courses |
| SAP Courses | Personality Development Courses |
| NSE's Certification in Financial Markets | Coding Courses |
What are the Jobs after MBA
After completing an MBA, students can expect a profuse plethora of opportunities across various streams and departments. Students can choose to make their career across various fields such as finance, IT, marketing, supply chain management, business management and others, along with a high profile job as well as a lucrative salary package. Alumni can expect their salary between 4 LPA to 40 LPA after MBA.
Top recruiters after MBA graduates are Amazon, Google, Facebook, Apple, Microsoft, Uber, Zomato, Reliance Industries Limited, Infosys, Cognizant, ICICI Bank, Wipro, etc.
| Job Roles | MBA Specializations | Job description | Average Annual Salary (INR) |
|---|---|---|---|
| Business Consultant | MBA Management Consulting | A business consultant is an expert who advises, informs, provides insight, and makes recommendations to help clients achieve their goals and solve problems. | 12 LPA |
| Financial Manager | MBA Finance | The financial manager is responsible for the overall financial health of the organization. Working in a variety of industries, they prepare financial statements, participate in private equity funds, and develop strategies and plans to meet the organization's long-term financial goals | 10.05 LPA |
| Product Manager | MBA Supply Chain Management | Product managers are responsible for both product planning and product marketing. This includes managing products throughout the product life cycle, identifying and prioritizing product and customer needs, defining the product vision, and working closely with engineers to create effective products. | 16.69 LPA |
| Marketing Manager | MBA Marketing | Marketing managers are responsible for designing, implementing, and executing corporate marketing strategies (or lines of business and products within an organization) to generate and retain leads. | 6.77 LPA |
| HR Manager | MBA Human Resources Management | An HR Manager or human resource officer is responsible for coordinating all administrative functions related to an organization's employees. Their responsibilities include developing recruitment strategies, implementing employee benefits management systems, compensation and ethics, and recruiting new employees. | 6.98 LPA |
| Financial Analyst | MBA Finance | Research on macroeconomic and microeconomic conditions. Preparing accounting and other required reports and assumptions based on the analysis performed | 4.29 LPA |
| Operations Analysts | MBA Operations Management | An Operations or performance analyst analyzes a company's policies, procedures and activities to identify areas for improvement. Their main responsibilities include analyzing company data, generating reports based on the results, and recommending programs to improve the company's performance indicators. | 3.97 LPA |
| Investment Banker | MBA Finance | Investment bankers are financial professionals who work with companies, individuals and governments to help raise funds through stocks or loans. They provide financial advice during important financial transactions such as consolidations and acquisitions. | 9.25 LPA |
| Business Development Manager | MBA Entrepreneurship | A business development manager is a professional responsible for the development of a department. They work with sales teams to make profitable offers, negotiate contract terms, and communicate effectively with stakeholders. | 7 LPA |
MBA Specializations
MBA Specializations not only help candidates understand the basic subject matter but also helps them gain an edge over their peers. MBA Specializations across various streams help candidates amplify an employer's interest in them, eventually leading to a lucrative career and pay package.
Discussed below are some of the top MBA Specializations that can be taken up by candidates aspiring to pursue MBA.
What after MBA in Finance
MBA in Finance is a well-liked MBA concentration with excellent development potential in the banking, financial services, and insurance industries. Planning, managing, and controlling the financial assets and resources of any industry are the main objectives of financial management.
The following are possible career sectors after earning an MBA in finance, Corporate Finance, Corporate Banking, Private Equity, Treasury etc. The average salary after completing MBA in Finance usually ranges between INR 4 LPA - 6 LPA. However with gradual experience the salary after MBA in Finance can go up to as much as INR 30 LPA - 40 LPA. Some of the top recruiters after completing an MBA in Finance include Goldman Sachs, Merill Lynch, Morgan Stanley, JP Morgan etc.
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What after MBA in Business Analytics
MBA in Business Analytics focuses on teaching students how to gather data from various sources and analyze it to gain important insights into customer behavior, market trends, and other business intelligence-related topics. These analytical tools include statistical and quantitative analysis, explanatory and predictive modeling, data visualization etc.
Some of the top recruiters for MBA Business Analytics are Accenture, Capgemini, Wipro etc. The average salary after completing MBA in Business Analytics ranges from INR 5 LPA - 11 LPA. However, with substantial experience, that salary can go up to as much as INR 35 LPA - 41 LPA.
What after MBA in Marketing
MBA in Marketing discusses the marketing component of a business along with a detailed focus of an MBA in marketing management. Teaching students about brand marketing, sales, various marketing channels and tactics, executive and leadership management abilities, product management, market research, and consumer behavior, to name a few, is the main objective.
Some of the top recruiters for an MBA in Marketing are Accenture, Amazon, Capgemini,India Infoline etc. The average salary after completing MBA in Marketing ranges from INR 3.5 LPA - 18 LPA. However, with gradual experience, the salary after completing MBA in Marketing ranges from INR 15 LPA - 40 LPA.
Also Check: How to Become a Marketing Executive
What after MBA in HR
The goal of an MBA in HR Management is to maximize employee performance in order to meet organizational objectives. The finest industrial techniques and understanding of how to manage human resources in a way that ensures maximum advantages are taught to students.
Some of the top recruiters for an MBA in HR include IT Companies, Law Firms, Advertising firms, Media houses etc. The average salary for MBA in HR usually ranges from INR 2.5 LPA - 4 LPA. With experience, the salary can go up to INR 25 LPA - 40 LPA.
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What after MBA in Operations Management
Everything connected to business operations, including product quality and cost, manufacturing time, increasing productivity, and increasing customer satisfaction quotient, is optimized as part of operations management. The operations management and supply chain of a business are made up of enterprise resource planning (ERP), vendor management, inventory management, and purchase management.
The recruiters for MBA in Operations Management are Bluedart, GAIL, ONGC, NHPC etc. The average salary after completing MBA in Operations Management ranges from INR 4 LPA - 7.5 LPA. The highest salary after completing MBA in Operations Management ranges from INR 28 LPA - 40 LPA.
What after MBA in International Business
MBA in International Business teaches students how to manage a multinational company. This course is for candidates who want to work across various MNCs and learn more about international business, legislation, policies, commerce, and import regulations. After the course, there are many opportunities because most organizations want to grow internationally.
Some of the top recruiters for MBA in International Business are Cognizant, Amazon, TCS, HCL etc. The average salary after completing an MBA in International Business ranges from INR 2.7 LPA - 8.2 LPA. With experience and knowledge, the salary can go up to as much as INR 10 LPA.
What after MBA in Healthcare Management
Candidates with an MBA in Healthcare Management can manage many managerial facets of hospitals, pharmaceutical businesses, and other healthcare systems. This degree opens the door to a wide range of prospects because the healthcare sector is one of the most rapidly growing industries worldwide. Candidates will benefit from this course's comprehensive understanding of the healthcare sector.
Some of the top recruiters for an MBA in Healthcare Management are Fortis, Cipla, Apollo, Star Health etc. The average and highest salary after pursuing MBA in Healthcare Management ranges from INR 3.7 LPA - 5 LPA and 4.8 LPA - 13 LPA respectively.
Also Check: How to Become a Medical Practitioner
What after MBA in Information Technology
Candidates with MBA in Information Technology degree will be equipped to handle both IT-related works and elements with this specialty. Information security, IT project management, and other classic business management topics are well-represented in the course. Since practically every industry will be dependent on technology in the future, this course is extremely valuable.
The top recruiters for MBA in Information Technology are TCS, Infosys, Wipro, IBM etc along with an average salary of INR 4.8 LPA which can go up to 18 LPA.
Also Check: How to Become an IT Consultant
What after MBA in Retail Management
An MBA in Retail Management provides a broad range of in-depth knowledge about the retail business. The primary goal of this course is to provide candidates with the managerial abilities needed in the retail sector. This may also encourage them to look into a wider range of retail-related job prospects. Many prestigious business institutions in India offer the training, typically as a post-graduate diploma course.
Candidates are eligible for both front-end and back-end profiles after completing this course. Graduates in retail management may find employment as a product manager, marketing executive, sales manager, or retail shop manager, among other positions. Top employers seeking graduates in retail management include Amazon, ITC Hotels, Nestle, Raymonds, HCL etc. The average salary after completing MBA in Retail Management ranges from INR 3.8 LPA - 6 LPA, but with gradual experience, the salary can go up to as much as INR 10 LPA - 18 LPA.
Government Jobs after MBA
MBA students after the completion of their degree can opt for various government jobs. Government jobs are mainly available at the PSUs or in the banking and insurance sectors. The following are the positions in which a candidate can land government jobs after MBA with a salary.
| Position | Recruiter | Average Annual Salary |
|---|---|---|
| Junior Executive | State Bank of India | 3.24 LPA – 4 LPA |
| Bank of Baroda | ||
| Coal India LTD | ||
| Management Trainee | Coal India LTD | 8 LPA |
| GAIL | 12.50 LPA | |
| State Bank of India | 6.85 LPA | |
| Business Development Manager | Reserve Bank of India | 5.96 LPA |
| State Bank of India | 4.12 LPA | |
| Indian Oil LTD | 9 LPA | |
| Assistant Manager | PSU Banks | 8.10 LPA |
| Indian Oil | 15.50 LPA | |
| ONGC | 12 – 15 LPA | |
| Financial Advisor | LIC | 4.10 LPA |
What after MBA: FAQs
Ques. How is the MBA program different from the EMBA program?
Ans. The Executive Master's Business Administration program is for senior executives with many years of management experience. The difference is evident in the admission requirements, where administrative information is limited. In this case, admission to the MBA program is typically 10 years, but MBA applicants may not meet the entry requirements with 35 years of experience.
Ques. What is the average cost of an MBA?
Ans. Tuition varies by institution, accreditation and location, pace of study, exchange opportunities, and experience in the MBA program. The cost of advanced MBA programs often exceeds INR 15,00,000.
Ques. How long does it take to finish the MBA program?
Ans. Depending on your chosen study direction, you can complete your MBA in 18-30 months. Full-time study options include local lectures, seminars and master classes for 3-6 semesters. Candidates aiming for fame may also opt for a faster reading track.
Ques. What are the MBA Specialisation?
Ans. The MBA major, also known as "MBA Specialisation", strengthens your Basic Business Administration (MBA) education and prepares you for the career you want. Some MBA programs focus on the core subjects already included in the MBA curriculum (finance, economics, productivity), while others focus on specific field choices and learning opportunities.
Ques. What are different specialisation in MBA?
Ans. Listed below are the MBA Specialisations pursued by students
- Finance
- Marketing
- Operations
- Human Resource
- General Management
- Supply Chain Management
- Healthcare Management
- Entrepreneurship
- Management Consulting
- Strategy
- Information Systems
- International Management
Ques. How does an MBA degree improve your career? The greatest reward for
Ans. MBA graduates are the acquisition of effective business knowledge, which is rewarded with significant salary increases. Graduates of accredited MBA programs and senior management report salaries increase of more than 150%.
Ques. What are my career options after MBA?
Ans. Career option after Mba includes:
- PhD Degree in Business Management
- Executive MBA Program
- Certification Course
- Specialization Related Courses
- Foreign Language Courses
Ques. What are the top recruiters that hires MBA graduates?
Ans. Top Recruiters that hire MBA graduates are Amazon, Google, Facebook, Apple, Microsoft, Uber, Zomato, Reliance Industries Limited, Infosys, Cognizant, ICICI Bank, Wipro, etc.
Ques. What are considered as best specilization of MBA salary wise?
Ans. MBA Business Analytics, MBA Finance, and MBA It are considered highest paying MBA Specialization.
Ques. Is learning foreign language helps after MBA?
Ans. Learning foreign language increases your chances to get employment in the countries that speak that language and helps you deal with foreign clients if you are working at an MNC so it definitely increases your chances to land a good job.
Ques. What are the skills required for after MBA in Business Analytics?
Ans. Skills like Data visualization, Problem-solving skills, Good command on Statistical languages, Critical thinking, Business intelligence and reporting software, Database design are generally required to secure a good job after MBA in Business Analytics.
Ques. What are the skills required for after MBA in Finance?
Ans. All of the MBA specialization require different skill sets and qualifications, but there are some core skills commonly required after MBA in Finance such as financial reporting and analytics. Industry/Business Analytics. Valuation and business finance.
Ques. What is the salary of entry level jobs after MBA in India?
Ans. The salary of entry level jobs after MBA in India depends on various factors such as the institution that the aspiring candidate has graduated from, CV, prior work experience, skills, language proficiency and other things. Every organisation have their own set of expectations while hiring an MBA graduate. Thus the salary of entry level job of an MBA graduate lies between 2.5 LPA to 40 LPA.
Ques. Should i pursue a short term course after MBA?
Ans. A short term course after MBA reflects your knowledge and expertise in that particular specialization so if you want to stand out from the crowd, you can pursue a short term course after MBA.
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