If you are considering pursuing an MBA degree, it is important to know what are the available career options after MBA. An MBA degree can open up many doors and lead to a successful career in various fields such as finance, marketing, human resources, and more.
In this blog post, we will explore some of the top career options after completing an MBA degree. We will also discuss the highest-paying jobs in various domains like Digital Marketing, Salesforce, Power BI with Data Analytics, and other options that can be pursued after MBA. Whether you are a recent graduate or considering pursuing an MBA in the future, this blog post will provide valuable insights into what to do after completing your degree.
Career options after MBA
Pursuing an MBA degree is a fantastic choice for any graduate. It is an open to all PG degree and anyone can choose the management path as a career. There are many fantastic colleges to pursue MBA in India to go for. So, when we talk about career options after MBA, we have the following job profiles:
- Financial advisor.
- Management analyst.
- Investment banker.
- Finance manager.
- Information technology manager.
- Marketing manager.
- Human resources manager.
- Business operations manager.
- International business development manager.
- Export manager.
A financial advisor is a professional who helps individuals manage their finances. They provide personalized guidance on investment, insurance, and tax matters. Financial advisors assist clients in making informed decisions about their financial future by offering advice on how to avoid common pitfalls and reach their goals.
They can help clients develop investment strategies, select appropriate insurance policies, and provide brokerage services. As clients advance in their knowledge, the advisor will assist them in understanding complex financial matters. The best financial planner is the one who can help you chart a course for all your financial needs.
A management analyst is a professional who helps organizations improve their efficiency and profitability by analyzing existing business processes and recommending changes that save time and money. They identify business opportunities that would help the organization generate more revenues and meet long-term profitability goals.
Management analysts analyze financial data, such as year-end reports, profit-and-loss statements, and expenses to identify improvement areas. They design solutions to improve organizational growth, personnel, operations, and the work environment. The goal of a management analyst is to introduce and manage change in organizations through a disciplined approach called business analysis.
An investment banker is a professional who works for a financial institution and helps companies and governments raise capital by issuing new securities, such as stocks or bonds. They work on initial public offerings (IPOs), mergers, acquisitions, and other large financial transactions.
Investment bankers provide advice about financial decisions and work with clients to underwrite securities, source and negotiate deals, and manage the process of raising capital. They also assist wealthy individuals, corporations, and governments in raising capital by underwriting and/or acting as the client’s agent in the issuance of securities.
A finance manager is a professional who oversees the financial operations of an organization. They use financial statements and other information prepared by accountants to make financial decisions. Finance managers focus on cash flows, budgets, and financial planning to ensure that the organization meets its financial goals.
They create accurate data analysis and advise senior management on investment plans, monitor the company’s finances, and develop plans for long-term financial goals. Corporate finance managers work in corporations and are responsible for managing the financial resources of the organization. The role of a finance manager is crucial in ensuring the financial health of an organization.
Information Technology Manager
An information technology (IT) manager is a professional responsible for overseeing and managing the information technology systems of an organization. They are responsible for monitoring and administering the organization’s hardware, software, and networks. IT managers manage technology resources and employees to ensure that the organization’s IT systems are running smoothly.
They control and evaluate IT and electronic data operations, manage information technology and computer systems, install new software or hardware, research and procure IT hardware and supplies, and participate in IT inventory asset management. The role of an IT manager is crucial in ensuring that an organization’s IT systems are efficient, secure, and up-to-date.
A marketing manager is a professional responsible for organizing and managing marketing campaigns to raise awareness of and generate demand for products and services. They develop, implement, and execute strategic marketing plans for an entire organization or lines of business. Marketing managers conduct market research to identify trends and consumer preferences that can inform marketing strategies.
They analyze data and metrics to measure the effectiveness of marketing campaigns. Marketing managers plan programs to generate interest in products or services, create marketing strategies and budgets, undertake market research, and understand trends and customer preferences. The role of a marketing manager is crucial in ensuring that an organization’s products or services are marketed effectively.
Human Resources Manager
A human resources (HR) manager is a professional responsible for overseeing the administrative functions of an organization. They manage the talent acquisition process, which may include recruitment, interviewing, and hiring of qualified job applicants, particularly for managerial, exempt positions. HR managers plan, coordinate, and direct the administrative functions of an organization.
They oversee the recruiting, hiring, onboarding, training, and performance management of employees. HR managers must be well-versed in many disciplines such as compensation and benefits, training and development, employee relations, and recruitment. The role of an HR manager is crucial in ensuring that an organization’s employees are managed effectively.
Business Operations Manager
A business operations manager is a professional responsible for overseeing the day-to-day operations of an organization. They are responsible for ensuring that business processes are efficient and effective and that the organization is operating at maximum profitability. Operations managers perform functions such as supply chain management, product design, forecasting, quality control, delivery management, and inventory management.
They oversee manufacturing, inventory, and quality control to ensure market-ready products and services. Operations management controls all the processes and handles issues including design, operation, maintenance, and improvement of the systems. The role of a business operations manager is crucial in ensuring that an organization’s day-to-day operations run smoothly.
International Business Development Manager
An international business development manager is a professional responsible for identifying new business and client opportunities in international markets. They conduct market research and analysis to find new business opportunities, generate and pursue leads, develop sales pitches and techniques, identify potential clients, negotiate contracts, and manage relationships with clients.
International business development managers research and identify new business opportunities in new markets, growth areas, or untapped sectors. They prepare and deliver pitches and presentations to potential clients. The role of an international business development manager is crucial in expanding an organization’s reach into international markets.
An export manager is a professional responsible for managing the export of goods and services to international markets. They are responsible for finding buyers, achieving sales targets, and ensuring that the organization’s products or services comply with international regulations.
Export managers develop and implement strategies to increase sales in international markets, identify key risk areas in third-party relationships, tailor procurement documents to address those risks, and manage relationships with clients. They integrate theory with practice and exports with imports. The role of an export manager is crucial in expanding an organization’s reach into international markets.
The above-mentioned profiles are the very best career options after MBA. To help you further, you can check the salaries for all the profiles to give you extra motivation.
Salaries of the profiles as per experience level
When you plan to choose any career options after MBA, you need to keep an eye on the market and the various profiles available. The following table shows you the salaries of various profiles with the level of experience.
|Financial Advisor||₹3,00,000 – ₹4,50,000||₹4,50,000 – ₹7,50,000||₹7,50,000 – ₹1,87,50,000+|
|Management Analyst||₹3,50,000 – ₹5,00,000||₹5,00,000 – ₹7,00,000||₹7,00,000 – ₹1,12,50,000+|
|Investment Banker||₹5,00,000 – ₹7,00,000||₹7,00,000 – ₹10,50,000||₹10,50,000 – ₹1,75,00,000+|
|Finance Manager||₹5,00,000 – ₹6,50,000||₹6,50,000 – ₹8,60,000||₹8,60,000 – ₹1,43,50,000+|
|Information Technology Manager||₹6,00,000 – ₹7,50,000||₹7,50,000 – ₹10,50,000||₹10,50,000 – ₹1,43,50,000+|
|Marketing Manager||₹4,50,000 – ₹6,00,000||₹6,00,000 – ₹9,00,000||₹9,00,000 – ₹13,50,000+|
|Human Resources Manager||₹4,50,000 – ₹6,00,000||₹6,00,000 – ₹9,00,000||₹9,00,000 – ₹13,50,000+|
|Business Operations Manager||₹4,50,000 – ₹6,00,000||₹6,00,000 – ₹9,00,000||₹9,00,000 – ₹13,50,000+|
|International Business Development Manager||₹5,00,000 – ₹6,50,000||₹6,50,000 – ₹9,50,000||₹9,50,000 – ₹1,43,50,000+|
|Export Manager||₹4,50,000 – ₹6,00,000||₹6,00,000 – ₹8,25,000||₹8,25,000 – ₹11,25,000+|
Highest paying supply chain jobs
According to the search results, some of the highest-paying career options after MBA is the supply chain. These jobs in India have an average salary as follows:
- Manager Supply Chain Management: ₹4.5 lakhs to ₹25.0 lakhs with an average annual salary of ₹13.1 lakhs.
- Supply Chain Manager: ₹8,92,441 per year on average.
- Supply Chain professionals: The average base salary starts at around Rs. 6-7 lakhs but increases with experience, significantly after 5 years, and can go up to 25 lakhs.
Highest paying sports management jobs
The highest paying sports management jobs in India with their average annual salaries are:
- Sports Manager: The highest salary that a Sports Manager can earn is ₹11.3 lakhs per year (₹94.2k per month).
- Sports Management: An entry-level sports manager (1-3 years of experience) earns an average salary of ₹7,76,198. On the other end, a senior-level sports manager (8+ years) can earn an average salary of ₹21 lakhs.
- Complete Sports Management: The average annual salary in Complete Sports Management, Mumbai is INR 4.1 lakhs.
Highest paying project management jobs
When you plan to choose career options after MBA, you will always hear about project management. It is very much a sought-after profile and the salaries are as follows:
Project Manager: ₹4.0 lakhs to ₹28.0 lakhs with an average annual salary of ₹12.0 lakhs.
IT Project Manager: Generally, you can expect a base pay of INR 14,00,000.
Construction Project Manager: The average annual salary for a Construction Project Manager in India is INR 12,13,531.
Highest paying business management jobs
Some of the highest paying business management jobs in India with their average annual salaries are:
- Business Manager: The highest salary that a Business Manager can earn is ₹25.0 lakhs per year (₹2.1L per month).
- Cash Manager: An individual with an MBA in Accounting can get jobs such as Cash Manager.
- Investment Banking Associate: An individual with an MBA in Accounting can get jobs such as Investment Banking Associate.
- Credit Manager: An individual with an MBA in Accounting can get a job such as Credit Manager.
- Social Media Manager: Estimated Rs 2.4 lakhs to Rs 23.0 lakhs.
- Territory Account Manager, Regional Sales Manager, Support Eng Manager, and Senior Sales Manager are also among the top 10 highest-paying management jobs in India.
In conclusion, an MBA degree opens up a world of opportunities for graduates. The top 10 career options after MBA include management consultant, investment banker, marketing manager, human resources manager, business operations manager, international business development manager, financial manager, information technology manager, export manager, and management analyst.
Each of these careers offers unique challenges and opportunities for growth. It is important to choose a career that aligns with your interests and skills. With the right education and experience, an MBA graduate can achieve great success in any of these fields. So take your time to research and explore your options before making a decision on which career path to pursue after completing your MBA degree.
10+ Yrs Experienced Skill Development Trainer | Educator | Digital & Content Strategist. Helping freshers and graduates make sound career choices through practical consultation. Guest faculty and Digital Marketing trainer working on building a skill development brand in Softspace Solutions.