Career Guide for MBA Students
In today’s competitive world, it’s vital to get a promising professional degree. MBA is considered to be the most prominent qualification in the field of management. MBA degree helps to advance your career, enhance your personal growth and secure a high salary package. Recruiting companies want their employees to be skilled in all the aspects of company affairs and the most important skill is managerial skills. Therefore, a candidate with an MBA degree from one of the top MBA colleges in Punjab is preferred in the different industries. An MBA degree equips students with the knowledge to lead their careers to new heights. With thousands of job opportunities in the government sector, private companies, and startups, there is no scarcity of work for an MBA graduate. You can visit the website and apply now.
These are some different career options you can have after an MBA
Banking & Finance
MBA graduates can get jobs in banks, insurance companies, security firms, and various financial organizations. Jobs are available in both public and private sector banks. Public sector banks conduct recruitment exams which aspirants need to clear for getting the job. Whereas for private banks, students need to take part in the selection process conducted by banks.
Investment bankers are financial experts who help companies to expand their businesses by raising large amounts of capital, through various means. Investment bankers are one of the highest-paid professionals with MBA degrees.
Jobs in management consulting are basically about problem-solving. The responsibility of professionals in management consulting is to solve organizational issues with innovative ideas.
Nowadays, it is one of the most favorite options among MBA graduates. The MBA degree enhances the abilities of the students to become an entrepreneur. It also equips the students with creative and innovative skills to excel in the career.
Due to the digital revolution, big data has become significant for all types of business such as e-commerce, retail, banking, and management.
With an MBA in marketing, you can be a marketing manager in a company that sells products or provides services. Your main job is to manage the marketing department and market the products & services to increase sales.
Sales are the most important aspect of a business, making the position of sales manager very important. They run the sales departments and ensure to meet sales targets.
HR departments are necessary for the smooth functioning of the company in all industries. They ensure the hiring of the right people and the existing employees of the company are happy.
For this profession, you will need to do MBA finance. As a finance advisor, you will provide investment and capital management advice to companies or individuals.
This is an upcoming profession for MBA professionals. A business analyst gives you analytical insights into the past, present, and future of a business. These analytics are used to make important business decisions.
Business Development Manager
A business development manager develops and grows business through various methods to take the business to the next level. They help marketing, sales, and even make profitable collaborations.
Project managers are the people, heading a certain project. They have to manage all the people involved in the project to plan and execute the project and also ensure the success of the project.
Business consultants are professionals; provide consultation services on all matters related to business.
Chief Technology Officer
Technology is now an integral part of all businesses irrespective of the nature of business. A CTO is a person who looks after all the technical aspects of the business. They are also responsible for the incorporation of new technology.
Average Salary of an MBA Professional
Here are some average salary figures based on the job position.
- Marketing Manager – 8.4 lakhs
- Senior Business Analyst – 9.6 lakhs
- Financial Analyst – 4.6 lakhs
- HR Manager – 7.2 lakhs
- Operations Manager – 7.6 lakhs