By
Primusvidya
Date
28/03/2023
Top 5 Career Options after MBA in India
Master of Business Administration (MBA) is the management course in which students learn management processes in specific field. MBA can be done after completion of graduation.
In India, management courses are one of the most trending career options from a very long time. Students get admission in management colleges to pursue their career education in management fields in different departments. In Management Courses, BBA and MBA are top prioritiesMaster for the students.
What is an MBA?
Master of Business Administration (MBA) is a management course in which students learn management processes in a specific field. MBA can be done after completion of graduation. Anyone from any stream can do an MBA but the majority of commerce field students do an MBA. MBA is a 2 Year Post post-graduation degree in Business Management and Administration.
| MBA Full Form | Master of Business Administration |
| Degree | Masters or Post Graduation |
| Duration | 2 Years |
| Course Type | Regular MBA, Online MBA, Part-Time MBA, Executive MBA |
| Specializations | Finance, Marketing, Operations, Sales, Human Resource, Digital Marketing, International Business, Technology etc |
| Average MBA Salary | Rs. 5LPA |
| Average Fee of MBA | Rs. 50000 per semester. (Depends on University fee structure) |
What are the Eligibility Criteria of an MBA?
To pursue an MBA in any specific field there are some eligibility criteria from the University premises and there are some mandatory criteria from the Education Board of India.
The eligibility criteria of an MBA are:
- A Bachelor’s Degree or equivalent qualification from any stream and recognized University Board.
- GMAT/GRE/CAT exam.
- Minimum 45-50% Marks in Graduation or Equivalent Degree.
- Crack Personal Interview. (Conduct by University)
- Crack Group Discussion. (Conduct by University)
Specializations of MBA
As per the student interest, there are lots of specializations in MBA. There are some specializations are:
- Finance: Students learn diverse and dynamic career options in the Finance Industry in which they learn all the aspects of Accounting Subject.
- Marketing: The Most trendy specialization students pursue in their career is Marketing in which students learn all the aspects of marketing.
- Sales: Sales is the mainly focused specialization in MBA in which students learn how to communicate with Businesses and Consumers to perform their sales activity.
- Human Resource Management: MBA in HRM provides students the knowledge of Talent Acquisition, Leadership, Team Management, and many more.
Career Options After MBA
As per the student's interest and on their learning there are lots of career options after MBA, which are:
Finance
After completing MBA in Finance the career options are:
| Job Profile | Description | Average Salary |
| Finance Analyst | A Financial Analyst is a skilled professional who provides guidance to Businesses to maximize their profits. | 4.6 LPA |
| Account Manager | Account Managers are employed in firms and their main role is to manage all their accounting records. | 4 LPA |
| Relationship Manager | A Relationship Manager manages and maintains the strong relationship between business and their clients or partner brands. | 5 LPA |
| Bank Manager | A Bank Manager is supervising all the transactions accrued in the bank premises. | 6 LPA |
| Finance Manager | The Finance Manager role is to provide financial advice to the seniors to maximize profit and be responsible for maintaining financial records. | 12 LPA |
| Business Analyst | Business Analysts are professionals who conduct research, solving problems. | 7 LPA |
| Equity Research Analyst | An Equity Research Analyst analyzes and provides financial advice to public traded companies and helps in investment decisions. | 6 LPA |
| Research Analyst | Entry Level Job for performing research, collecting and analyzing information which helps in decision making. | 3.20 LPA |
Marketing
After Completing MBA in Marketing the career options are:
| Job Profile | Description | Average Salary |
| Business Development Executive | A Business Development Executive is responsible for finding new business leads and growing the Business. | 3 LPA |
| Marketing Manager | A Marketing Manager performs different marketing strategies to promote business products and services. | 7 LPA |
| Media Planner | A Media Planner showcasing the Products of an Organisation in various different channels of promotion | 3.5 LPA |
| Product Manager | Product Manager is liable to investigate all the details of a product from its cost to marketing campaigns. | 10 LPA |
| Asset Manager | Asset Managers are liable for the administration, acquirement, valuation, and demeanor of an organization's property, information, and archives. | 6.5 LPA |
Sales
Career Options after MBA in sales are:
| Job Profile | Description | Average Salary |
| Senior Sales Executive | Their role is to guide sales representatives and check sales activities. To improve sales of the company. | 5 LPA |
| Sales Specialist | Their role is to improve the sales and marketing field of the company to grow in that field | 13 LPA |
| Retail Sales Associate | Job role of a retail sales associate is to help customers in finding products and manage all the stock records. | 1.5 LPA |
| Area Sales Manager | The Area Sales Manager has to manage and lead all the fields in the sales representatives and implement and execute sales activities and achieve sales targets. | 12 LPA |
| Frontline Executive | The Frontline Executive works on the front line in any business company. | 9 LPA |
Human Resource Management
Career Options after MBA in Human Resource Management are:
| Job Profile | Average Salary |
| Training Manager | 2.5 LPA |
| Recruitment Executive | 2.3 LPA |
| HR Manager | 3.5 LPA |
| Staffing Specialist and Planning | 4 LPA |
| Payroll and Compensation Manager | 3 LPA |
| Industrial and Labor Relations | 2.5 LPA |
| Employees Relations Manager | 3 LPA |
| Head VP, GM, HR | 10.5 LPA |
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