Are you also bewildered regarding what to do after an MBA? Does this question revolve in your mind all the time? Well, bid adieu to all the queries!
Master of Business Administration is one of the most sought-after course by students after graduation. And why shouldn’t it be? After all, it opens the doors to such amazing opportunities in the job market. And getting placed in a good job in this era when the competition is exponentially high is the cherry on the cake. This article will make a list of all the well-paid jobs in India that you can expect after your MBA is completed.
What is MBA?
MBA stands for Master of Business Administration, a postgraduate or a Master’s degree of 2 years duration. MBA is a professional degree that provides knowledge in various fields such as Finance, Human Resources, International Market, Business Analytics, and many others.
Top paid jobs after MBA in India
- Investment Banker
If you like to play with investments, then this job is done for you! The job of an investment banker is to raise money in the capital market and facilitate financial advice to government and private institutions. MBA in ‘finance’ has to be your option if you want to become an Investment Banker. What is even more attractive about this profession is the pay scale that comes with it. In a country like India, you can expect a salary of an Investment Banker ranging between 6 lakhs per annum to more than a million per annum. Apart from its heavy salary, the additional benefits and incentives such as bonuses and profit-sharing make it one of the highest-paying jobs after MBA in India.
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2. Project Manager
If planning, strategizing, finance, and team building are what attracts you, then Project Management is your cup of tea! Becoming a Project Manager after pursuing MBA is one of the most popular job profiles among people. The job focus of a project manager lies with proper and systematic execution of a project after making proper planning and strategy for it. Apart from finance and team-building skills, a candidate must have good communication and managerial skills to be an ideal fit for the role. Experienced Project Managers can get paid upto 20 lakhs per annum.
Read about Product Management- CLICK HERE
One can also go for Business Consulting and Strategy Consulting after completing a 2 years professional degree of MBA. This job has been recognized as one of the most demanding jobs because of trends forecasting, client pitching, analyzing numbers, and many more. However, the initial pay scale may not be very satisfying, however, possesses growth opportunity for the candidates in this field. Moreover, if you’re at the partner level in Consulting, then be ready to expect a remuneration of around 45 lakhs per annum.
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4. Business Development Manager
If implementing managerial skills is what you’re best at, then go and grab this opportunity! The sole responsibility of a Business Development Manager is to promote the growth and expansion of a business with proper planning and strategy. The basic, rather a mandatory requirement of this field is to be completely up to date with the updated state of the industry and possess good communication and analytical skills. Freshers can expect a CTC of 5 to 6 lakh per annum, which can extend to 15 – 16 lakh with increased inexperience.
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5. Marketing Manager
Analyzing the market trends, keeping track of the industry, monitoring customer behavior, future market expectations, following market campaigns are some of the exciting roles that a Marketing Manager gets to perform in this job profile. Marketing is considered one of the most popular profiles in the job market because of its dynamic nature. The remuneration that a Marketing Manager can expect is as high as 20 lakh per annum that would increase depending on the candidate’s company and experience.
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So this is how pursuing an MBA degree can land you in a good position in any of the reputed companies where the potential and growth aspect of the candidate only increases with time.
With this blog you can have a clear picture on which job or career to choose for.