Master of Business Administration (MBA) is one of the most attractive courses for the youngsters nowadays, as it provides with great job opportunities. It is a professional degree developed to enhance the skills that are required for careers in business and management. An MBA is useful for those who pursue a managerial career in the public sector, government, private industry, and other areas. Those who want to become successful entrepreneurs also opt for MBA programme. MBA subjects include such as accounting, economics, marketing, and operations, as well as elective courses that allow participants to follow their own personal or professional interests like Marketing, Finance, HR, It etc. Training and various other practical exposure activities throughout the course leads to concrete job opportunities after the programme. Eligibility for MBA is he/she would have completed his/her Graduation (in any discipline) from a recognized University with minimum 50% (45 % in case of Scheduled Caste {ST} and Scheduled Tribes {ST}) marks in aggregate. It is the 2 year MBA programme which is divided in semesters and it also include practical work experience that will help you in job and businesses.Get Extended Details on Career after MBA.
MBA programme has specializations in the various fields such as- Marketing, Finance, Operations, Logistics, Information Technology, Business Management, Entrepreneurship, Hotel Management etc.
Nowadays Multinational companies prefer employees who are MBA graduates which have the skills to adopt the management profession with unpredictable changes in the market and who can manage the business very easily with time to time change. Thus, an MBA degree plays a vital role in the market to start a corporate career. An MBA degree will provide you with knowledge of business operations and administrations. MBA programme helps you to enhance your knowledge as it covers several core areas like Human Resource, Statistics, Technology and Information Systems, Economics, and Finance, etc. MBA graduates have more career options if we compare them with other graduates. You can go abroad and pursue MBA and can get job in multinational companies so that you can achieve your aim for life. MBA provides you with new job positions, potential for earning will increase, your professional skills will improve, you can enjoy greater job security, you expand your professional network, your world perspective grows, etc. An MBA prepares you with the skills you need to manage a business and it leaves you with lot of opportunities when it comes to choosing a career path.
After completing MBA, students have many career options like:
- Enter the Research field by pursuing Ph.D
- To set up your own startup and become an entrepreneur.
- Enter the exciting world of corporate and join job
MBA highest salary is divided according to different fields in MBA like MBA in Finance, MBA in Banking, etc. Job and Salaries after MBA are decided by the company according to the eligibility and capability of the candidate. There are many benefits of MBA like New job positions, earning potential increases, professional skills will improve, you can enjoy greater job security, your world perspective grows, you expand your professional network, etc. Importance of MBA is to achieve their aim and complete their dream at the time of completion of their MBA by getting highest paying job in India and get employed in one of the best companies or multinational companies in the job market. There are many options for doing MBA like MBA in Finance, MBA in Marketing, MBA in human resource management, MBA in operations management, and MBA in supply chain management. Best career after MBA is Financial Advisor, Management Analyst, Investment Banker, Finance Manager, Information Technology Manager, HR Manager, etc. You can also go abroad after completing your MBA or you can also pursue MBA from abroad and get settled in that country also after making your career in MBA. There are many colleges for MBA in and outside our country which offers great value for MBA and therefore, you can make your career in MBA in any field. You can opt for teaching career after MBA, consulting career after MBA or fashion career after MBA as there are many career options after MBA.
Why should one pursue MBA after completing its graduation???
or Career after MBA ?
High Salary
Salaries paid to an individual with an MBA are more than salaries of those with other degrees. Whether an MBA graduate is employed within the private or public sector, their salaries are more than the candidates having other degrees. This doubles the salary to those with an ‘ordinary’ degree.
Be Your Own Boss
With an MBA, many graduates become entrepreneurs. While studying in an MBA programme, you can develop the knowledge and practices needed to operate your own businesses. These skills will let you manage your own business effectively, while contributing to the economic development of your country.
Better Career Opportunities
An MBA programme provides a more diverse and wider field for graduates to expand in. There are several areas covered within an MBA programme that includes Human Resource, Statistics, Technology and Information Systems, Economics, and Finance, etc. MBA graduates are provided with more and better opportunities to grow themselves more and develop their minds.
Enhances Knowledge
MBA programme helps you to enhance your knowledge as it covers several core areas like Human Resource, Statistics, Technology and Information Systems, Economics, and Finance, etc. MBA graduates have more career options if we compare them with other graduates. You can go abroad and pursue MBA and can get job in multinational companies so that you can achieve your aim for life.
The scope of MBA is huge in the job market as MBA graduates are in high demand in every industry. Most of the MBA institutes provide campus placement to their students on completion of the full-time MBA course for a smooth beginning of their career or reputing companies recruit them for their work and also pay them high salary according to their eligibility and capability. Many multinational companies recruit them and take them to their country along with them and settle them in that country.
After completing the MBA successfully, one has many outcomes as he/she can do many things after completing his/her MBA. There are various courses that one can do after completing his/her MBA. List of the following courses are:
- ISB Certificate Programme in Business Analytics (CBA)
- CFA
- FRM
- CISA
- CRMA
- CPIM
- PhD in Management
- SAP course
- PGDCA
- NSE’s Certification in Financial Markets
- Personality development
- Executive MBA
- Doctor of business administration
- Postgraduate diploma in marketing management
- Society for Human Resource Management
- Language course
- Coding
- AWS- Amazon Web Services
- Inbound Marketing Certification Course
- Marketing Management Professional Course
There are many outcomes for an MBA graduate:
- He/she can communicate effectively after his/her MBA programme in variety of formats
- He/she can identify the problems that should be faced in a business
- He/she can utilize qualitative and quantitative solutions to solve critical business problems
- He/she can integrate tools for to solving business problems in functional areas like finance, marketing, operations, etc.
- He/she can take measures while making business decisions by evaluating and integrating ethical considerations.
There are many reasons to choose MBA as a career because it develop priceless management skills, you can earn higher income with MBA programme rather than other programme, also there are many job opportunities in and outside our country, you can also go abroad for doing your MBA and can get your job there only and you can also get settle in that country also, you can also start up your own business by managing that with your enhanced management skills, there is also personal development of your skills by enhancing your knowledge in different field of work like finance, marketing operations, etc. An MBA means the worldwide recognition of your credentials as it has worldwide value and you can easily get job according to your capability in any country after successfully completing your MBA programme.
There is a wide difference between regular MBA and Executive MBA. Regular MBA programme is the programme which is designed for students who are inexperienced, to enhance their career opportunities whereas executive MBA programme is the programme which is designed for professionals which has some experience (3-4 years). To study regular MBA from a recognized college one should pass entrance exam like MAT, GMAT, CAT, etc, whereas entrance exam are not compulsory in executive MBA programme. Both MBA’s have no age limit but in regular no experience is needed and in executive experience is needed.
As the name suggests, MBA in Finance is one such programme that will enhance your knowledge about financial skills and ideas about the economy of the country. MBA in Finance will give you more knowledge for entering into different industries like corporate sector, banking, real estate, business investment, etc.
There are many benefits for MBA in Finance:
- You will gain and enhance your knowledge in financial skills as well as business that will help you to manage your capability of handling your business.
- MBA in Finance will help you to increase your capability in theoretical and practical knowledge which will help you to understand investment strategies, corporate risk, economy of our country and business investment.
- This will help you to manage your financial issues properly if you wish to start up your own business.
- If you pursue MBA in finance, then you will gain knowledge and practical experience through internship.
MBA in Marketing helps you to develop your skills in functioning of market and consumer behavior. Market is a very important part of the business and it also plays a vital role in business management as you can make your career in fields such as advertising, consultancy, banking, sales manager, media planning, etc.
There are many benefits for MBA in Marketing:
- You will learn to develop the skills that will be used in marketing strategies and to accomplish organizational goals.
- It will help you to enhance your knowledge for skills like communication skills, analytical skills, etc.
- It will increase your ability to integrate ideas and leadership quality which will help while working in industry.
There are many benefits of doing MBA programme from abroad:
- You’ll learn Business through practice and knowledge
You will study MBA by getting knowledge and practice (experience) through internship and this is essential, as the business environment keeps changing which will give you new experience for every newly changed condition. Cities like London, Paris are a huge business hub which pretends great location for finding internships and traineeships. There are many colleges for MBA in and outside our country which offers great value for MBA and therefore, you can make your career in MBA in any field. You can opt for teaching career after MBA, consulting career after MBA or fashion career after MBA as there are many career options after MBA. There are many options for doing MBA like MBA in Finance, MBA in Marketing, MBA in human resource management, MBA in operations management, and MBA in supply chain management. Best career after MBA is Financial Advisor, Management Analyst, Investment Banker, Finance Manager, Information Technology Manager, HR Manager, etc.
- You will be part of a global business network
The scope of MBA is huge in the job market as MBA graduates are in high demand in every industry. Most of the MBA institutes provide campus placement to their students on completion of the full-time MBA course for a smooth beginning of their career or reputing companies recruit them for their work and also pay them high salary according to their eligibility and capability. Many multinational companies recruit them and take them to their country along with them and settle them in that country. MBA programme has specializations in the various fields such as- Marketing, Finance, Operations, Logistics, Information Technology, Business Management, Entrepreneurship, Hotel Management etc. Getting job after MBA is not a difficult task because every company wants an MBA graduate as to work effectively with its knowledge and skills. It enhances the skills that are required for careers in business and management. An MBA is useful for those who pursue a managerial career in the public sector, government, private industry, and other areas. Those who want to become successful entrepreneurs also opt for MBA programme.
India is the place where many rich families and people lived. India comes in the third position in India for the richest people after the US and China.
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Some of the rich business man that has done MBA
MUKESH AMBANI
Mukesh Ambani is the Dhirubhai Ambani’s oldest son. Mukesh is the chairman and owner of Reliance Industries, which is one of India’s richest companies, which runs $88 billion in revenue. Mukesh Ambani was born in Aden, Yemen, on 19 April 1957 and now he is living in Mumbai. He completed his graduation from Chemical Engineering from the Institute of Chemical Technology and he is also an MBA Graduate from the University of Stanford. After the introduction of the Jio 4G telephone service; Reliance Company started a price war in 2016 in India’s competitive all telecommunications market.
AZIM PREMJI
Azim Premji is the second richest person in India and is well known as the Czar Indian IT Industry. He is the chairman of the IT Firm Wipro Limited and also an Indian billionaire and a business tycoon. He is one of the richest people in the Karnataka state. In 2005, Azim Premji was honoured with Padma Bhushan and given the second-highest civilian honour, Padma Vibhushan, in 2011 for his excellent work in the trade and commerce sector by India’s government. Premji has studied electrical engineering from Stanford University, USA.
RATAN TATA
Ratan Tata was born on 28th December 1937. He is the honourable Chairman Emeritus of TATA SONS; he studied B.S. Architecture with structural engineering from Cornell University in 1962. He also completed his Advanced Management Program from Harvard Business School in 1975. He started his career with a shop floor of TATA Steel. Under his leadership and strategy, Tata Tea took over Tetley, Tata Motors obtained Jaguar-Land Rover, and Tata Steel procured Corus.
KUMAR MANGALAM BIRLA
K M Birla was born on 14th June, 1967. After living some years in Kolkata and Bombay, he completed his B.Com degree from University of Bombay. Then he went on to pursue his MBA from London Business School. Now, he is the Chairman of the Birla Group, he is also the Chancellor of BITS (Birla Institute of Technology & Science). He belongs to the fourth generation of the Birla family of Rajasthan. After the sudden death of his father, he took over as the Chairperson of the company in 1995, at the young age of 28. Under his leadership the conglomerate expanded into Telecom, Software, BPO and other key areas.
ANAND MAHINDRA
Mahindra was born on 1st may 1955. He is the Chairman and MD of one of the India’s largest business conglomerates. He studied filmmaking at Harvard College, Cambridge, in 1977. Later on he completed his MBA from Harvard Business School, Boston, in 1981. Under the leadership of Mahindra, the Mahindra group turned into making steel and tractors. He is also the promoter of the Kotak-Mahindra finance, which later transformed into a bank. As of today, Mahindra Tractors is the world’s largest tractor company by volume.
An MBA degree can help you to develop a career in the business as well as increase your brand value before potential recruiters, and enhance your knowledge in different functional areas like finance, marketing, operations, etc. MBA programme helps you to enhance your knowledge as it covers several core areas like Human Resource, Statistics, Technology and Information Systems, Economics, and Finance, etc. MBA graduates have more career options if we compare them with other graduates. You can go abroad and pursue MBA and can get job in multinational companies so that you can achieve your aim for life. MBA highest salary is divided according to different fields in MBA like MBA in Finance, MBA in Banking, etc. Job and Salaries after MBA are decided by the company according to the eligibility and capability of the candidate. You can go abroad and pursue MBA and can get job in multinational companies so that you can achieve your aim for life.
Specialization for MBA in Marketing is Human Resources, Operations, Information Technology, Finance, Management, Health care management, and many more. With the growing OTT platforms like Netflix, Voot, Sony Liv, Amazon Prime Video, MX Player, Zee5, ALT Balaji, Eros Now, Disney+ Hotstar and Arre have expanded their network in our country after attracting a large population and there is also an increment in the job opportunities for those who pursue MBA in Marketing or wish to pursue MBA in Marketing. With the advancement and development of Artificial Intelligence (AI) technology, MBA marketing graduates can have a great career. They can become data journalists, technical content writers, etc. along with this they also have another option for making their future bright and secure; they can become marketing manager, brand manager, corporate sales, product manager, head of digital marketing, etc. With this they have many options to choose as their career and achieve their life goal.
Human Resource {HR} management involves recruiting, training, orienting, and apprising the employees of a company. Responsibility of HR includes hiring employees according to capability and eligibility, look after their benefits and compensation, get their salary settled, training and maintain employee performance. There are many options in which MBA in HR graduates can get highly paid jobs. They can also work for government sectors, private companies, banking sectors, educational institutes, multinational companies, research, consultancies, and many more. There are many career options for an MBA in HR graduates where they can live a lavish life. Some of the job profiles available to them are like Human Resource Manager, Staffing Director, Technical Recruiter, Compensation Manager, Employee Relation Manager, etc.
After 5 years from now, one-third of the managerial skills that are considered very important skills nowadays will change because of the advancement and increment in technical skills. People are attracted towards Artificial Intelligence (AI) technology; MBA marketing graduates can have a great career in technology. Students will be more attracted towards technical skills rather than managerial skills. These changes will bring a new change in market as well as our lifestyle. Some jobs that are in more demand nowadays will disappear and those jobs that don’t even exist today will become common place for all. This change will change all lifestyles due to development of robotics and autonomous transport. People will gain knowledge about technical skills rather than managerial skills. There will be an increment in technical skills in MBA graduates. MBA has many career opportunities in finance, marketing, HR, etc but in coming years it will be having great value in technical field also.
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