Career prospects for MBA Pursuers
As is evident by its name MBA helps aspirants to build a career in business and management. While M. Tech trains students on the technical aspect, MBA is more about learning the skill of managing people. The course has specialization options in accounting, economics, corporate finance, marketing, operations, HR. New innovative MBA curriculums are being launched by leading universities that aim to teach students more intricate aspects of people management. Here is an analysis of the MBA course:
- Course Duration - Four semesters/ Two Years
- Admission - CAT, GMAT, MAT, and other national and international level management entrance programs.
- Educational Institutions - Leading management colleges and universities in India and foreign countries.
- Career Prospects -
- Management Consultant
- Investment Banker
- Program Manager
- Marketing Manager
- Operations Manager
- Sales Manager
- Salary promises - The amount which you will earn upon the completion of the course is also a vital deciding factor. Pursuing MBA does ensure lucrative salaries, however, it depends a lot on which college you are passing and your specialization. Nevertheless, in the initial years, your salary package may range anywhere between 5 lakhs to 25 lakhs per annum.
Career prospects for MBA pursuers
MBA students have huge employment in the following sectors
- BFSI - The Banking Financial Services and Insurance sector require MBA graduates the most. The financial, management, and accounting skills that they learn in their academic life are highly valuable for this sector.
- Sales and Marketing - MBA graduates have a huge demand in the field of Sales and Marketing. A large number of MBA freshers are hired by private sector businesses and start-ups at the entry level. Though these are well-paying jobs, and in addition, they provide a higher scope of learning and experience.
- Finance and accounting - MBA graduates have a rich scope in finance and accounting departments of leading organizations of every industry.
- Investment banking - MBA graduates can choose to start a career in investment banking, as they have a huge opportunity in this field.
- Business Consultancy - Consultant is a role that is generally offered to both fresher and experienced MBA professionals, and it is a great way of starting their careers in the business world.
- E-commerce Consultant - With the rapid increase of e-commerce companies, there is a huge spike in the transactions on e-commerce platforms. This sector also provides huge scope for BBA graduates to kick start their careers.
- Public Sector jobs - Numerous government agencies recruit MBA graduates for various posts. The government sector offers job security, status, and immense growth potential and hence great scope for MBA pass-outs to start their career. The salary of MBA pass-outs in the public sector depends upon the post they are hired for. Their grade pay and the dearness allowance the government is providing at that time.
MBA provides you with ample job opportunities some of which we have mentioned above, however, while completing the course you can explore your fields of interest and make a career in the respective field. This course additionally provides you a scope of further education or professional education if you are willing. Management institutions provide some value-added courses with this MBA course so that you have a competitive advantage over others in the job market.
