Career Options after MBA: What to do after MBA
The Master of Business Management (MBA) specialized program that concentrates on the different facets of business management and administration. An MBA can boost your brand value in the eyes of potential employers and help you start a successful career in the business world. But most people often find themselves asking the question “What to do after MBA?”
In this article, we will examine the various sorts of career prospects and salary packages available for the top five MBA specialized streams. As a result, one will know what to do after MBA.
Following completion of an MBA program, you will have a variety of educational opportunities to assist your professional development. The career path you choose may be influenced by the industry in which you want to work. Here are some of the best Career options after MBA:
Executive MBA program:
It is a postgraduate MBA program or Executive MBA, developed for managers and executives with two to five years of full-time job experience, this course is perfect after MBA courses to choose from. The program is part-time and lasts 15 to 18 months. A bachelor’s degree from a recognized university with at least 50% aggregate marks is required.
Potential Starting Salaries:
Each year, the Post-graduate MBA or Executive MBA wage package varies based on current market trends and the employer. The average income after doing an Executive MBA is between INR 2.5 and 8 LPA. The organization’s wage package is heavily influenced by the student’s talents, expertise, and experience. Executive MBAs have numerous work prospects in a variety of fields.
Post-Graduate Diploma/Masters in Risk Management:
Risk Management became a very high-demand course after the pandemic, making every large organization have a risk management committee. It’s a full-time one-year classroom education program with a cutting-edge curriculum and extensive infusion of live case studies, to give students a more practical experience. Students will also significantly benefit from the regular course curriculum that will be provided by leading industry icons who would be delivering a real-life context learning experience making it interesting and engaging.
Potential Starting Salaries:
The Post-graduate Diploma/Masters salary package varies depending on the employer and current market conditions. After completing a PGDRM, the typical salary is between INR 9 and 10 LPA.
MBA in Marketing
The field of marketing is expanding quickly, and it is becoming increasingly important across a range of academic disciplines, making it one of the best options for those wondering “what can I do after MBA.” Business marketing is the main topic of an MBA in marketing management. The main objective is to provide knowledge to students in the areas of brand marketing, sales, various marketing channels & strategies, executive and leadership management abilities, product management, market research, and consumer behavior, to name a few.
Potential Starting Salaries:
For freshers, the annual salary range for marketing management experts in India might be anything from Rs. 3.5 to 18 lakhs (higher-end salaries for graduates from reputed B-schools). The salary can range from Rs. 15 to 40 lakhs per year and rises with experience.
MBA in Operations Management
Operations management is concerned with maximizing all aspects of business operations, such as product quality and cost, manufacturing time, increasing productivity, and increasing customer happiness. A company’s operations management and supply chain are comprised of purchase management, inventory management, vendor management, and enterprise resource planning (ERP). It is perhaps one of the many after MBA courses.
Potential Starting Salaries:
The typical initial salary for Operations Management experts in India is between Rs. 4 and 7.5 lakhs. Graduates from prominent B-schools can earn between Rs. 6 and 10 lakh per year. The yearly wage range for mid-level professionals is approximately Rs. 15 -20 lakhs, while that of senior-level professionals is around Rs. 28 -40 lakhs.
Conclusion:
We hope that this post has given you a better idea of what these MBA specializations teach and the employment options they provide. MBA is a worldwide recognized and acclaimed degree that guarantees well-paying jobs. However, not all management positions are adequately compensated. As a result, in order to secure your dream job, you must first determine which MBA specialization best fits your career objectives. Once you’ve figured it out, the rest will be much easier.
PGDRM from Global Risk Management Institute (GRMI) is a great job-oriented course. It’s a full-time one-year classroom education program with a cutting-edge curriculum and extensive infusion of live case studies, to give students a more practical experience. Students will also significantly benefit from the regular course curriculum that will be provided by leading industry icons who would be delivering a real-life context learning experience making it interesting and engaging. Individuals who want to specialize in risk management or apply it in their respective sectors can go for a Risk Management course at Global Risk Management institute. It is perhaps one of the best after MBA courses.
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