Why do an MBA?

Before pursuing an MBA degree, candidates should know what the job opportunities after an MBA are, and how it will help to grow their careers. Here are some reasons to pursue an MBA degree.

• At present, students prefer to pursue an MBA degree to acquire the necessary skills to get a good job in the corporate sector/ start a business/ start-up or skills required to become an entrepreneur.
• Those who have started their career and want to shift it in a better direction can pursue an MBA.
• An MBA degree will give a good start to a career and lead to a wide range of opportunities for better development.
• MBA graduates can build their network in the market.
• An MBA also gives scope for an innovative outlook and brand value.
• An MBA degree enhances professional as well as personal growth.

Scope of MBA in India

MBA is a course that trains a student in the art of management and business organisation. It is rightly said that a candidate can increase their MBA job opportunities in India and scope after completing MBA. An MBA degree helps beginner to start their career and also helps in cultivating skills that will be needed throughout their career.

For those who are thinking about the scope after an MBA in India, then for them, the MBA degree has a plethora of opportunities to choose from, all of which are in demand with a reputed job profile. If we talk about earning potential for the job after an MBA in India, the average income is Rs 8 to 15 lakh per annum.

Top 10 jobs after doing an MBA in India

MBA graduates can find any of the highest-paying jobs after an MBA in India after their graduation. Check out the top 10 in-demand jobs after an MBA degree.

• Marketing Manager- With an MBA degree in marketing, candidates can apply and become a marketing manager in a company or section that deals in selling products or providing services. Their main responsibility is to manage the marketing department and work on products & services to increase sales.
• HR Manager- At present, whether a company is mid-size or large in terms of employees, the HR department is a must for the smooth functioning of the company. The HR department ensures the right employee is hired in that particular firm and the existing employees are happy.
• Sales Manager- Sales is one of the most important aspects of most businesses; having a sales manager is very important for a company for the growth of the company, and to increase sales. They are responsible for running the sales department.
• Business Analyst- A business analyst of a company makes use of data analytics to provide insights into the past, present, and future of a business. They are behind the important decisions for a firm. At present, not many companies hire business analysts, but soon it will be one of the most important professions.
• Finance Advisor- In order to apply for this profile, candidates need to do an MBA in finance and should have a few years of working experience in the finance industry. As a finance advisor, they will have to provide capital management and investment advice.
• Business Development Manager- Their main aim is to develop and grow the business through various tactics. They work along with the sales and marketing team to make profitable collaborations.
• Investment Banker- They help companies to raise large amounts of capital. They are usually financial experts who help companies expand their business. In the MBA job sector, Investment bankers are the most paid professionals.
• Business Consultant- They provide consultation services on all matters related to business. Candidates can become eligible for a Business Consultant profile after completion of an MBA.
• Project Manager- They are in charge of a certain project for a company. They have to manage all the people involved in a particular project. They are responsible for planning and executing the project.
• Chief Technology Officer- At present, having a Chief Technology Officer (CTO) for a business is an integral part. Their main aim is to take care of the technical aspects of the business. In order to secure this profile, one needs to have a good eye for technology.

Average salary based on the job profile

After completion of an MBA course, it has been observed that the earning potential is good for each profession. Still, have a look at these highest paying Jobs after MBA, which will inspire a candidate to get a job after MBA to give a boost to their career.

Average Salary Based on Job Position (approx)

• MBA Business Analytics- Rs 5 to 6 LPA
• MBA Marketing- Rs 7 to 8 LPA
• MBA Finance- Rs 7.2 LPA
• MBA Operations Management- Rs 8 to 9 LPA
• MBA Human Resource Management- Rs 6.3 LPA
• MBA Information Technology- Rs 12 LPA
• MBA Management Consultant- Rs 11 to 12 LPA
• MBA International Business- Rs 8.2 LPA
• MBA Entrepreneurship- Rs 5 LPA
• MBA Data Analytics- Rs 4 to 5 LPA

Top cities of India offer Lucrative jobs after an MBA

Candidates who will be pursuing an MBA course, they should check the list below of cities that offer the best MBA salary packages and jobs after MBA. This list will help you to find a job after MBA with a little ease:

• Bangalore
• Mumbai
• Pune
• Hyderabad
• Gurgaon
• Delhi
• Kolkata
• Chennai
• Ahmedabad

Demographics of salaries and the gender ratio of MBA graduates

• At present, the MBA sector is dominated by men with 75+ per cent.
• Women also occupy 25+ per cent of the industry, but the number is increasing significantly.
• Male MBA graduates’ average salary ranges from 2.8 lakh to 20 lakh.
• However, female MBA graduates make a salary range of 2.2 lakh to 20 lakh.

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