What is an MBA?
MBA is a master’s degree in Business Administration. It is a specialization course that trains a student in the art of business organization and management. It is rightly said that an individual’s job opportunities are greatly increased after they pursue an MBA degree as employers and companies prefer to select MBA graduates from a pool of potential hires.
Scope after MBA
An MBA degree helps beginners to kickstart their careers and enter higher posts in a company
An MBA degree helps in cultivating skill sets that will be needed throughout your work life
An MBA degree allows you to create a robust network with other MBA graduates, which can help you explore more job opportunities after MBA
An MBA degree provides you with the knowledge to start your own company if you choose to
Even people working currently can opt to do an MBA as it offers them the ability to accelerate in their careers
But an MBA is not just one course. Often people who decide on pursuing these studies are unaware of the different types of specialization it offers. So, I’ve compiled a list of six of the most popular and highly sought after courses under an MBA degree, highlighting the career opportunities after MBA in that course and the salary after MBA courses.
What are the jobs after MBA in Marketing?
After successful completion, you can step forward to find jobs after MBA in the following areas:
Business Marketing
Advertising
Online Marketing
Brand Management
Client-Relationship Management
Competitive Marketing
Salary after MBA in Marketing:
It is said that the marketing gurus are paid the most. And it is right that they are since they are the ones who design and develop the brand name and its identity. However, the starting salary ranges from 5 lakhs per year. Initially, the companies test your skills of brand building and your ability to generate sales through marketing and may boost your pay up to 30 to 45 lakhs per year.
What are the jobs after MBA in Operation Management?
After successful completion, you can step forward to find jobs after MBA in the following areas:
Management Consulting Firms
Retail Management
Information Technology Companies
Healthcare Management
Transport and Logistics
Salary after MBA in Operation Management
After MBA in Operation Management, Jobs offer a starting salary anywhere between 4 to 5 lakhs per year. Though that will seem lesser than the scope after MBA offers elsewhere, as you climb the corporate ladder, this salary improves, and you can earn upwards of 40 lakhs every year. As more and more companies are trying to streamline their operations, the scope of MBA in India, especially in Operation Management, has guaranteed benefits in the long run.
What are the jobs after MBA in HR Management?
After successful completion, you can step forward to find jobs after MBA in the following areas:
Information Technology Companies
Law Firms
Advertising Agencies
Retail Management
Media Houses
Salary after MBA in HR Management
After MBA in HR Management, Jobs offer starting salaries of 4 to 6 lakhs per year. However, this is at the beginning, when you enter the HR Team as a member. However, as you reach your way to becoming the HR Head of an organization, you may earn up to 40 lakhs per year.
What are the jobs after MBA in Entrepreneurship?
People tend to think that the scope after MBA in Entrepreneurship only restricts them from starting their own business and not looking for employment in other companies. I’m afraid that’s not right. The degree in entrepreneurship enables you to develop skill sets that help you understand the workings of the business world, which come in handy in so many other areas
Automobile
Information Technology
Small and Medium Business Management
Insurance
Sales and Marketing
Salary after MBA in Entrepreneurship
This depends on the path you choose. If you decide to start your own business, you are the top boss. So initially, you will be giving salaries instead of taking them. But over time, once your business is sustainable, you start raking in the profits.
If you decide to join a company, you will be offered a starting salary according to the above areas you choose to apply for. Thus, you enter the corporate hierarchy with the salary each area offers, but you might receive faster growth opportunities.