MBA stands for Masters of Business Administration. It is recognised as the most popular specialised discipline which aims to cover myriad topics of business administration and management. MBA certification motivates an individual to establish and ace a career.
MBA enthusiasts get the opportunity to take a leap in career. This progressive career in the vocation or in the industry can definitely enhance the brand value. Now recruiters are also looking for those potential candidates who have the urge to prosper.
Hence, MBA has a wide range of disciplines that are directly linked with the business and management streams, so it becomes more crucial for us to get familiar with the banes and boons of each vocation before making some choices.
To get valuable job offerings after completing an MBA, one should try to rely on research. Because distinct courses embody different skill sets, different offers and different job openings. It becomes necessary to identify the careers which complement your knowledge and credentials. So, after accumulating and interpreting factual info it becomes easy to understand the best value which can pay off your MBA degree in a better way.
Now let’s have a look at some of the major or broader career options which one can pursue after successfully completing an MBA from a B school or well-renowned University.
MBA in Finance
It is considered an evergreen job position because of its popularity and never-ending trend. It is an eminent MBA specialised field that has already witnessed drastic growth. The banking and Financial sectors requires people who can manage finances with ease. So, that is why banking sectors hire a troop of Financial management interns, trainees and working professionals.
As a Financial manager profile, the working professional has to deal with the strategic planning process, management and standardising the financial facilities of any sector. After obtaining a degree in MBA finance, the subject gets the options to select from different industries.
Let’s get a glimpse of such job opportunities.
Corporate Finance
Corporate Banking
Credit Risk Management
Hedge Fund Management
Private Equity
Treasury
MBA in Business Analytics
It is another dynamic field that comes under MBA. In this course faculty members cover and teach the nitty and gritty of analytical tools. This subject solely revolves around qualitative data interpretation, quantitative data interpretation, statistics, data visualization, hypothetical modelling, dashboard creation and many more. For accumulating solid data these professionals rely on the demographics and psychographics further, they also keep a close eye on the market trends and other business-related events or happenings.
After graduating with an MBA in Business Analytics, the aspirants can try their hand in different vocations like information/technology, financial organizations, consulting, e-commerce and so on. Esteemed brands like Amazon, Wipro, Accenture etc recruits talented business analysts. In India, business analytics working professionals receive a sweeping amount of Rs. 11 lakhs as an annual income. For freshers, it might range from 5 lakh to 8 lakh per year.
MBA in Marketing
MBA in marketing course is a well-structured or a formulated course that has the objective to propagate teachings about the marketing aspects. The ambition is to sensitize students by teaching them sales, marketing, channels, tactics, executives, management attributes, leadership and so on. This course also covers topics like consumer buying behaviour, 7 Ps of marketing, research etc.
After accomplishing an MBA in Marketing people can go for the below-mentioned positions.
Competitive marketing
Online Marketing
Analytical Marketing
Customer Relationship Marketing
Advertising Management
Retailing Management
Brand Management
After doing this course, students can see themselves as an employee in the advertising industry, marketing agencies, FMCG sectors etc. Because marketing is the pivotal weapon that is required by each and every firm to remain relevant in the competitive world.
Human Resources
HR profile has to work on the strategies which can enhance the overall performance of the employee to meet the mission and vision of the firm. Secondly, they try to incorporate several policies also to maintain professionalism in the work environment. Last but not the least, these professionals look after the entire process of shortlisting, screening and hiring candidates who can serve the firm by actively participating and executing their allocated tasks. This course tries to cover the methods which HR can apply to bring out exceptional outcomes.
Across all the parallels Human resource management has deepened its roots and it has also increased its traction. If you are an HR intern, fresher or experienced professional then you can easily find out the best job opportunities or internship opportunities in prominent firms.
Human resource working professionals usually receive 2.5- 4 lakh as a fresher but if you are experienced and you have impeccable traction in this vocation then the package may vary from 25- 40 lakhs p. a.
So, this was all about the diverse fields which an enthusiast can pursue after completing MBA.
-Hruditya Kumar