MBA is the Master of Business Administration. It’s a management degree program that offers various career opportunities. It enhances the skills and potentials of the students for future prospects to become corporate leaders. MBA programs are the desire of millions and students prefer this course because it provides the best-paying jobs out there. The earnings after the MBA degree course also depend on the specialization you have chosen as your course of study.
About MBA program
MBA is a two-year master’s degree program that can be pursued after BBA or any equivalent degree with a decent score. It makes the students prepared with analytical thinking, long-term strategic plans, and leadership qualities to deliver the best service in the managerial posts. The fee structure also varies from one MBA specialization to another. So, the salary packages may also differ. There are many career opportunities for an MBA graduate in India.
There are many specializations in MBA like Healthcare Management, Human Resource Management, Rural Management, Event Management, Operations Management, etc. All the specializations draw a handsome salary to the candidate who is appointed to any managerial posts. Know more – MBA Salary 2022 In India – Average MBA Salary As Per Specialization
Career Scopes after MBA
In this blog, you will know the top five positions that MBA provides after successful completion of your desired specialization:
1. Operations Analyst
It’s one of the highest paying jobs in the country and the person appointed for this position will look after various things like operation management, optimization of funds, and allocation to various departments for the best output. They use complex analytical methods like economic policies, statistical analysis, and much more to provide stability to the business.
2. Investment Banker
It’s another job that will pay you a very good salary after completing your online, distance, and regular MBA programs. Online MBA is also very popular and the degrees are valid for this post. The position holder will be responsible for financial processes, investment ventures, selling of equities, issuing debts, acquisitions, investment, and other opportunities.
3. Project Manager
It’s one of the crucial positions in any organization because they run a lot of projects and the project manager regulates all the tasks in a very efficient and customer-friendly way for better output and best results. Project Managers help to improve the productivity of the employees, check and analyze customer demographics, advise executives, and much more. It also pays a good salary package to the person who is enjoying this position.
4. Business Consultant
The person appointed for this role is also known as a management consultant in many aspects. He used to do management analysis and give professional advice to various sectors of the company and clients. He used to enhance the profitability of the company through his long-term planning and consulting techniques. This career option is also one of the highly preferred profiles of MBA graduates.
5. Finance Manager
The finance manager handles all the tasks related to accounts and finance and he is responsible for the perfect coordination and strategies for the growth of the company from the side of finance. The Finance Manager has the responsibility to check the health of the company because most things are dependent on finance. He also makes various plans for the growth of the organization through perfect execution techniques.
Future Scopes of MBA
MBA is one of the best and highly preferred courses by an individual because it provides rich salary packages. An organization that appoints an MBA graduate will want to know some basic things like education completed, skills in the particular specialization, internship done in the particular specialization, or not. It also depends on the experience if you have some years of experience in a particular field.
The scope of MBA graduates in the future is very bright because most companies and organizations want a handsome, qualified, and dedicated MBA graduate to manage various posts and tasks of the organization for the welfare of the same.
There are many top positions that MBA graduates hold with high salary packages. Some of them are:
# Finance Manager
A student can easily apply for Finance executive to make their dream career in the managerial field of finance in an organization. It’s a very growing field that will generate new career options.
Average Salary: 7 Lakh
# Human Resource
It’s one of the core members of the organization that plays a great role in the success of the company with perfect coordination with the staff members. he/she works dedicatedly for the welfare of the employees.
Average salary: 7 Lakh
# Logistics Management
It is one of the best parts of the logistics segment. A logistics manager coordinates with his team and looks after every operation related to logistics, delivery, and tracking. It’s one of the best and most high-paying jobs in India.
Average Salary: 4 Lakh
# Marketing Manager
The person in the company that looks after every operation related to marketing and its operations is known as the Marketing Manager. He is responsible for the brand promotion as well and handles all the work and activities with respect to marketing strategies. It is amongst the best and highest paying jobs in the country. The field is growing very fast and will make many career opportunities for the future. Know more: 10 Highest Paying Jobs in India for Arts Field Professionals