Career Options After MBA in Business Management: Top Job Opportunities

By Universitykart Team, Posted on Jun 21, 2024
Career Options After MBA in Business Management

An MBA in business management enables you to explore a wide range of career opportunities. Advanced degree is highly regarded for its extensive coverage of fundamental business topics, including finance, marketing, human resources, operations, and strategy. MBA in business management skills are versatile and can be used in a variety of fields. MBA graduates have a solid foundation of skills and experience that can propel them towards high-level executive positions, specialized managerial positions, and entrepreneurial endeavours. A person's career path is based on their interests, strengths, and long-term professional goals.


MBA in Business Management: Highlights

Particulars

Values

Degree Name

MBA in Business Management

Degree Type

Postgraduate

Degree Duration

2 years

Semesters

4

Entrance Exams

CAT, MAT, CMAT, XAT, SNAP

Eligibility Criteria

Bachelor's degree

Admission process

Entrance Exam

Cutoff

Highest - 98 percentile (CAT), Average - 90 percentile (CAT)

Fees for the entire duration

Rs. 16,500 to Rs. 11.7 Lakhs

Average Salary

Rs. 5 Lakhs to Rs 8 Lakhs

Job profiles

Financial Advisor, Marketing Manager, Management Analyst, HR Manager, Finance Manager, Investment Banker, Business Consultant

Top recruiters

Accenture, Capgemini, Deloitte, KPMG, Mckinsey and Company, Wipro, Infosys, Bain and Company, Grant Thornton,

Scope of MBA in Business Management

It is a disruptive force and organizations are looking for leaders with strategic expertise to guide their companies' growth. An MBA in business management gives you the versatility that is so sought after in the industry.


MBA business management students can start their career in major MNCS or pursue advanced management studies. U can do Research Work in business. With the ongoing disruption and competitive pressure on industries, the demand for strategic leaders who can guide business growth will grow at a faster pace worldwide. MBA in business management MBA students can pursue various career paths, including marketing manager, management analyst, business analyst, finance manager, etc. The student's interests and aptitude determine the career path that is suitable for them. Here are some good jobs for MBAs.


Career Path

Descriptions

Management Consulting

Management consultants help businesses enhance their overall performance using studying commercial enterprise problems and growing strategic plans. They work throughout numerous industries, supplying professional recommendations on the whole thing from operational efficiency to company restructuring.

Investment Banking

Investment bankers assist companies in raising capital by underwriting and issuing securities. They also provide advisory services for mergers and acquisitions (M&A) and other financial transactions.

Corporate Finance

Professionals in corporate finance manage a company's financial activities, including budgeting, forecasting, and investment planning. They ensure the company's financial health and strategize for growth.

Marketing Management

Marketing managers develop and implement strategies to promote products and services. They oversee market research, advertising, and sales initiatives to drive brand growth and customer engagement.

Product Management

Product managers work closely with engineering, design, and marketing teams to ensure that products meet market needs and business goals.

Operations Management

Operations managers oversee production processes, manage supply chains, and ensure efficient business operations. They aim to maximize efficiency and reduce costs.

Entrepreneurship

Many MBA graduates start their businesses. Entrepreneurship allows them to apply their knowledge and creativity to launch and grow innovative ventures.

Business Development

Business development managers build relationships, develop strategic partnerships, and explore new market opportunities.

Real Estate Management

Real estate managers oversee the buying, selling, and development of properties. They manage property portfolios, develop real estate projects, and work with clients to maximize property value.

Supply Chain Management

Supply chain managers coordinate the production, shipment, and distribution of products. They work to streamline processes and improve logistics to meet customer demands efficiently.

MBA in Business Management: Job Opportunities and Salary 

The Salary of MBA in Business Management is INR 5-11.6 LPA which depends upon the level of education, grades, and skills acquired.

Job Role

Average Salary in India (A)

Brand Manager

Rs. 8,00,000 – Rs. 12,00,000

Business Development Executive

Rs. 6,00,000 – Rs. 10,00,000

Director

Rs. 12,00,000 – Rs. 18,00,000

Management Analyst

Rs. 8,00,000 – Rs. 14,00,000

Marketing Manager

Rs. 8,00,000 – Rs. 14,00,000

Relationship Manager

Rs. 8,00,000 – Rs. 12,00,000

Manager- Human Resource

Rs. 6,00,000 –Rs. 8,00,000

Assistant - Human Resource Management

Rs. 5,00,000 – Rs. 6,00,000

Sales and Business Development Manager

Rs. 5,00,000 – Rs. 7,00,000

Executive Human Resource

Rs. 6,00,000 – Rs. 8,00,000

Quality Control Manager

Rs. 9,00,000 – Rs. 11,00,000

Frequently Asked Questions: (FAQs)

Ques. What are some of the top job opportunities for MBA in Business Management graduates?

Ans. An MBA degree in business management gives you a wide range of skills and opens doors to different fields. Here are some popular options:

  1. Finance: Financial Analyst, Investment Banker, Risk Management Analyst
  2. Marketing: Marketing Manager, Product Manager, Brand Manager
  3. Human Resources (HR): HR Manager, Training & Development Specialist, Recruitment Specialist
  4. Operations: Operations Manager, Supply Chain Manager, Project Manager
  5. Business Analytics: Business Analyst, Data Analyst, Market Research Analyst

Ques. Does an MBA in Business Management specialize in any specific field?

Ans. While a general MBA provides a strong foundation in business fundamentals, many programs offer areas of specialization. These specializations allow you to tailor your studies to a specific industry or function, such as marketing, finance or healthcare management.

Ques. What are the highest-paying careers after an MBA in Business Management?

Ans. Salaries can vary depending on experience, location, and industry. However, some of the highest-paying MBA careers include:

  1. Investment Banking
  2. Management Consulting
  3. Marketing Management
  4. Business Development

Ques. I don't have any prior work experience. Can I still get a job after my MBA?

Ans. Yes, many companies hire MBA graduates right out of school. However, internship experience during an MBA program can be a significant advantage.

Ques. What skills are employers looking for in MBA graduates?

Ans. Besides core business knowledge, employers value strong soft skills like communication, teamwork, leadership, and analytical thinking. An MBA program helps develop these skills alongside business acumen.

Ques. What can I do to improve my chances of landing a good job after my MBA?

Ans. You can improve your chances of landing a good job after my MBA:

  1. Network: Attend industry events, connect with alumni, and build relationships with professionals in your field of interest.
  2. Develop strong soft skills: Participate in group projects and leadership opportunities during your MBA program.
  3. Gain relevant experience: Look for internships or volunteer opportunities related to your desired career path.
  4. Target your resume and cover letter: Tailor your application materials to each specific job you apply for.

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