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Investment Banker, Business Consultant, and SAP Analyst are some of the highest paying jobs after MBA. The salaries of some of the highest paying job opportunities after MBA can go up to an astounding figure of INR 1 crore per annum. MBA students from institutions like IIMs, XLRI, Jamshedpur and NMIMS have received ultra-high salary packages from companies like Goldman Sachs, JP Morgan, Blackrock, and Vanguard. Most of the highest paying jobs after MBA are in the field of Investment Banking and Asset Management.
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Types of jobs that generally account for the highest paying jobs after MBA mostly belong to the domains mentioned below:
Asset Management: Companies like Blackrock and Vanguard have assets of over 9 trillion dollars under management. They often pay the big bucks to candidates joining their Asset Management Teams across the globe.
Quantitative Finance: Exceptional talents with the ability to make money using their mathematical prowess and finance knowledge get paid a hefty sum in salaries as well as bonuses from HFTs like Tower Research Capital, Graviton, etc.
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Investment Banking: Probably the most famous and evergreen, Investment Banking remains the number one choice of MBA graduates. With packages of up to 40 LPA (approx) and an additional performance bonus, it is simply the best.
Equity Research Analyst: Hedge funds and Research firms hire the best candidates with an edge at picking gems of companies listed/unlisted in the stock market to invest in. Both buy and sell-side analysts get great salaries with other perks.
Fund Manager: Institutional investment firms hire top talent from the best B schools to manage their institutional portfolios and funds of ultra-HNI clients. It is one of the highest paying jobs after MBA.
Management Consulting: It is considered to be less stressful than other domains. However, for the bag of money, it pays it requires the candidate to have amazing people skills and understanding of businesses.
Financial Analyst: Every business on the planet requires Financial Analysts to analyze its company's finances and project a clear picture of future financial aspects. It is often associated with corporate finance.
SAP Consultant: They tend to have a mixed skillset of management and technology. With the advancement of technology, SAP consultants are heavily in demand and get handsome salaries.
Product Manager: Creating a product that a customer loves using is something the primary role of a Product Manager revolves around. It's their ideas and execution abilities that get them high salaries.
Operations Management: Managing operations efficiently is what organizations crave. A candidate with just the right blend of communication skills, management abilities, and leadership is considered ideal for the role. For what they bring to the table, they are always rewarded with great salary packages.
Salaries of the highest paying jobs after MBA sometimes seem to be the fortune of a lifetime. If you are an MBA aspirant, looking at these numbers will surely motivate you to work harder:
Jobs | Highest Salaries (approx.) |
Asset Manager | 50 Lakhs |
Investment Banker | 40 Lakhs |
Quantitative Analyst/Researcher | 60 Lakhs |
Fund Manager | 1 Crore |
Product Manager | 30 Lakhs |
Management Consultant | 35 Lakhs |
Equity Research Analyst | 25 Lakhs |
Financial Analyst | 20 Lakhs |
Operations Management | 60 Lakhs |
Several factors like an institution, specialization, placement trends, market needs, etc play a vital role in determining the pay scale of an MBA graduate. Let us briefly understand these factors and their effect on the salaries:
Institute: The highest paying jobs after MBA are bagged mostly by the students of different IIMs. Having the best-in-class infrastructure, faculties, and student exchange programs makes the IIMs a class apart. It establishes the fact that an institution is the most important factor when it comes to highest paying jobs after MBA.
Specialization: MBA specializations like MBA in Finance and Operations management tend to pay a lot higher salaries than other specializations. Companies that offer highest paying jobs after MBA often look for candidates with these specializations.
Placement Trends: Placement trends over the last few years play a vital role in deciding the pay scale for fresh MBA graduates. Higher placement trends generally result in a higher salary and vice versa.
Market Needs: Market needs across industries heavily impact salaries. Some of the highest paying jobs after MBA are offered during an economic boom while an economic slowdown can cause the pay scale to be steeply low.
Job Location: Companies often require candidates to relocate to different cities and even countries as per the requirements of their work. It creates a significant difference in the pay structure of the candidates.
Several jobs across Industries offer high salaries after an MBA. Jobs like Investment Banker, Product Manager, and Equity Research Analyst tend to pay some of the highest salaries.
An MBA from a premium institute like IIM promises a high salary. Candidates have received salary packages as high as 1 crore (approx.) from some companies.
Specialisations like Finance and MBA in operations management offer some of the most highest paying jobs after MBA.
B schools like IIM Ahmedabad, IIM Bangalore, NMIMS, and FMS FMS have recorded some of the highest salary offers during the placement cycles.
The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.
To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.
https://bschool.careers360.com/articles/cat-2024
Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.
GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.
Hello
Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.
Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.
You can check the colleges you are eligible for using the below link.
https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp
Hello Aspirant
Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT
1)Great Lakes, Chennai
2)IRMA
3) Goa Institute of Management
4) NIBM
5) TAPMI
Do your research about these colleges as to what is their average package, the roles offered.
Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.
Hello aspirant,
Here below are the names of the colleges that you can target:
Thank you
Hope it helps you.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
Business development executives strive to achieve maximum output with minimum input. If you are good at understanding and convincing people, the career as a business development executive can be enjoyable for you. Business development executives are candidates who have been transferred to the sales from other departments. In general, Business development executives are promoted to a management position. There are plenty of work openings throughout the profession because every company requires Business development executives.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
The sales manager's career is an interdependent career that requires the contribution of other departments of the organisation to function effectively. A sales manager has to multitask and provide guidance to the salesperson to improve his or her targets. An Individual who opts for a career as a sales manager supervises the sales representatives and organises training for sales representatives to increase work efficiency. Hence, it increases sales.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes. Students can visit the Great Lakes Institute of Management, Jamnalal Bajaj Institute of Management Studies to study Business Analytics courses. Business analyst jobs are usually done to help the company make more money, solve existing business problems and achieve its goals.
A marketing manager comforts public anxiety and dissatisfaction through announcements and commercials, guaranteeing the credibility of the organisation escapes inadequacies. He or she works with other team members to produce advertising campaigns that are both simple and complex. A marketing manager decides if a new product or service is marketable.
Students can opt for an MBA in Finance or an MBA in Digital Marketing Management to be a marketing manager. He or she evaluates the public interest level with respect to a new product or service. A marketing manager is appointed to encourage buyers to buy products from the firm and to increase awareness of the brand through marketing strategies.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
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