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What After MBA - Career Options, Scope & Salary

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Did you know that the employability of MBA graduates has constantly increased from 43.99% in 2015 to 71.16% in 2024? And if you’re asking yourself, “Will an MBA course be a good choice?” The answer is yes!

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An MBA is a professional degree course that helps to secure attractive job opportunities. After completing this degree, you will have many professional avenues to look into, such as sales, finance, business administration, etc. This course will also help you develop your personality and leadership skills.

If questions like “What are my probable careers after my MBA?” or “What will be my MBA scope and salary?” bother you, read this blog. It lists career options for you that offer handsome salaries and much more!

What does my future look like as an MBA degree holder? 

MBA, or Masters in Business Administration, is among the most sought-after post-graduation programs. The degree is in demand because it helps learners gain essential business skills. So, whether you dream of setting up your business or securing a job in reputed MNCs, an MBA degree can help you. 

  • An MBA degree will help you sharpen your skills and broaden your expertise in the field.
  • MBA scope covers various employment areas like consultancy, entrepreneurship, financial services, marketing, and management. 
  • You can also move to the government sector with an MBA, especially in managerial roles.

MBA specializations that you can choose

Some of the most common MBA specializations are:

  • Human Resource
  • International Business
  • Finance
  • Sales
  • Marketing
  • Supply Chain
  • Healthcare
  • Hospitality

Get your career options sorted 

With your MBA degree, you will have the advanced skills required in the business field and a better earning potential. The degree also broadens your professional network. Here are your options for careers after MBA, along with the expected salary figures.

Corporate Strategist

  • As a corporate strategist, you will help companies draft long-term business plans. 
  • You will also ensure the company's financial stability and help it compete with other businesses in the same industry. 
  • You will also oversee product quality and its appeal to the audience.
  • The average salary in India: INR 19.1 LPA

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Medical Director

  • This is a highly rewarding position. Your role will be designing effective strategies to keep a healthcare facility running. 
  • You’d be overseeing new recruitments and implementing rules and regulations. 
  • You also have to ensure that patients receive high-quality care.
  • The average salary in India: INR 11.1 LPA

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Investment Banker

  • Simply put, an investment banker helps their organization raise money. 
  • In this role, you would be your client’s financial advisor. 
  • You will help them find and secure profitable investments and guide them through buying and merging with other companies. 
  • Average salary in India: INR 6.2 LPA

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Another job role in a similar pay scale is that of a policy analyst

Chief Executive Officer

  • The duty of a CEO or Chief Executive Officer is to manage a company. 
  • As a CEO, your day will include creating and implementing your organization’s vision and mission. 
  • You will also lead several teams of executive leaders, create an organization that grows sustainably, and be your company’s public face.
  • The average salary in India: INR 5.4 LPA

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Other job roles on a similar pay scale is that of sales director

Financial Analyst

  • A financial analyst is responsible for determining the feasibility of a business deal. 
  • In this role, you will gather crucial data, write reports, and review all non-legal information related to a probable business deal. 
  • You may also have to review your company’s financial goals.
  • The average salary in India: INR 5.3 LPA

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Logistics manager

  • As a logistics manager, your primary duty would be ensuring supply chain efficiency and effectiveness. 
  • In this job profile, you will oversee the complete product lifecycle, from its organization to storage and distribution. 
  • Some of your other duties would include supervising the staff, implementing proper safety protocols, and overseeing allied costs.
  • The average salary in India: INR 4.5 LPA

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Other job roles on a similar pay scale are that of a real estate manager and purchasing manager.

Marketing Director

  • Marketing director is an amazing option if your specialization is in sales and marketing.
  • Your primary duty would be designing effective marketing strategies. 
  • You must know the current market trends, promote your company’s products, and develop promotional campaigns.
  • The average salary in India: INR 4.2 LPA

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HR Manager

  • As a human resource manager, your job profile will include planning, coordinating, and directing your organization's administrative work. 
  • You will be the essential link between an employee and the organization’s management committee.
  • You will be in charge of your company’s recruitment and hiring. 
  • The average salary in India: INR 4.2 LPA

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Marketing Manager

  • Among the attractive jobs after an MBA is the marketing manager role. 
  • In this profile, you will conduct market research to understand the latest market trends.
  • You will also handle the marketing budget, create successful marketing plans, and look for new marketing opportunities. 
  • The average salary in India: INR 3.6 LPA

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Another job role with a similar pay scale is a retail manager. 

Could not find what you were looking for? Here are a few other career paths that you can look into:

  • Business Intelligence Analyst
  • IT Director
  • Product Manager
  • Business Operations Manager
  • Operations Analyst
  • Budget Analyst

Raise your payscale with an MBA degree 

An MBA degree can be your road to a handsome salary. Although the salary increase will vary according to location, industry, work experience, or personal preferences, this degree will help you jump your pay scale. It will let you bag a job in the reputed MNCs offering high packages, and you will be placed better than the undergraduate degree holders.

The average beginner’s salary for a bachelor's degree holder is INR 2.5 LPA. 

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However, for an MBA graduate, the beginner’s salary ranges between INR 3 LPA to INR 4.7 LPA. This variation depends on the job designation and title. A business development executive can start their career at INR 3 LPA. 

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On the other hand, as a retail assistant manager, you will be offered around INR 4.7 LPA.

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Closing words on jobs after MBA and MBA scope

In this blog, we have summarized your career options after an MBA. If you’re still wondering how to secure your dream job, here are a few things to do:

  • Sharpen your existing skill sets
  • Design an eye-catching resume
  • Enroll in an MBA course from a reputed platform like ITM.

ITM B-school offers a Master’s in Business Administration program led by India’s top faculty. Along with a 5-month business internship, this course will also give you career advancement assistance and a chance to learn from the best! 

You can also choose from its many core specializations, such as marketing management, international business, HR management, and more. Explore ITM to learn more about the courses offered and kickstart your career.

Frequently asked questions

1. Is it possible to pursue an MBA without a BBA?

It is possible to enroll in an MBA without a BBA degree. Many universities in the country accept applications from students across diverse backgrounds. Be it liberal arts, science, or engineering, you can opt for an MBA.

2. Which are the best fields in an MBA?

The most popular MBA specializations are:

  • Finance
  • Information Technology
  • Marketing
  • International Business
  • Business Analytics

3. What factors should I consider when choosing an MBA specialization?

Keep in mind your personal preferences and interests. Also, check your future goals and career aspirations. Understand whether your chosen specialization has any market demand.

4. Is it possible to get foreign placements after an MBA?

Yes, absolutely! Global jobs after your MBA are abundant, and you can get placed in top MNCs like Deloitte, McKinsey, Avendus Capital, etc. You can enter roles like global marketing manager, foreign policy expert, or international business developer.

Admin Jun 06, 2024

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