Explore the Best Career Opportunities After MBA: A Comprehensive Guide

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Explore the Best Career Opportunities After MBA: A Comprehensive Guide

What are the best career opportunities after MBA? This is the first question that pops into the minds of recent graduates when they choose to pursue an MBA immediately after graduating. Is it good enough to land a lucrative job? Will I have to join other courses after my MBA for a good job? What is the average pay for an MBA in India? Which MBA specialization is best suited for my career? What MBA colleges are best to get started with my management career? There is no end to questions related to career options after MBA.

Career opportunities after MBA are the main concern of those aspiring to become MBA candidates. Aspirants have always been fascinated by top career opportunities after MBA. A comprehensive guide is provided below to help you comprehend the significance of the various career opportunities after MBA in different industries.

Before we begin, let’s start with a basic understanding of an MBA program and how it affects your career in the long run:

What is MBA?

MBA in its complete form abbreviates Master of Business Administration. An MBA will equip a person to operate in any business, should they wish to. There are several MBA specializations, including supply chain, operations, retail, international business, finance, human resources, IT & Systems, and sales & marketing. Students can pick anyone according to their career preferences, and academic backgrounds. Career opportunities after MBA can be found in the retail and corporate sector, banking and finance sector, media sector, education sector, healthcare sector, hospitality sector, manufacturing sector, IT sector, government companies, and private players. 

Why opt for an MBA?

  • "MBA is the most popular choice for graduate-level study among Indian students," claims the GMAC Global Survey.
  • MBA graduates have the highest employment rate at 54% among all professional courses as per the Times of India.
  • Currently, job portals including monsterindia.com and naukri.com have 60k job offers for MBA grads in India only.
  • Depending on the specialization, an MBA in India can earn an average yearly salary of INR 7 LPA to INR 12 LPA.
  • Career opportunities after MBA are available in more than 20+ sectors in India.
  • According to Hindu and World News Reports, "hot jobs" in MBA include some of the most sought-after roles, including Business Operations Management, Marketing Manager, Operations Research Analyst, and Management Analyst.

Immediate Benefits after an MBA

  • Salary increment
  • Better job opportunities
  • Change job profile- Mostly away from technical fields
  • Networking with the batch mates and alumni
  • Differentiate the resume
  • Start a business

MBA Specializations with Average Salary Packages

An MBA specialization equips graduates with management skills in a particular field of work. The goal of the specialization is to produce the leaders of the future. MBA programs can be availed in various settings, including Executive, Full-Time, and Part-Time MBAs. Career opportunities after MBA and expected salary packages are greatly affected by the specialization you choose. MBA in finance and marketing are two of the best specializations. Although specializations might differ from college to college, below is a tabulated list of the most popular MBA specializations:

Specialization

Average Salary

Salary Range

MBA in Sales and Marketing

INR 7,82,000

INR 7L-25L

MBA in Digital Marketing

INR 5,50,000

INR 5L-25L

MBA in Finance

INR 7,30,000

INR 7L- 22L

MBA in HR

INR 5,20,000

INR 5L – 8L

MBA in Business Analytics

INR 5,40,000

INR 5L-18L

MBA in Entrepreneurship

INR 5,50,000

INR 5L-20L

MBA in Operations

INR 7,60,000

INR 5L-10L

MBA in IT

INR 5,77,000

INR 5L-12L

MBA in Event Management

INR 6,00,000

INR 2L-18L

MBA in Healthcare

INR 6,00,000

INR 5L-12L

MBA in International Business

INR 8,00,000

INR 10-25L

MBA in Supply Chain Management

INR 500,000

INR 5-12L

MBA in Operations Management

INR 600,000

INR 5-8L

 

Best Career Opportunities after MBA

AIMS reports that career opportunities after MBA in banking, finance, consulting, marketing, manufacturing, and technology are in high demand for MBA graduates. Here is a list of some of the most sought-after jobs in terms of real job titles:

Job Profiles

Description

Average Salary (in INR)

Business Analyst

An expert who examines comprehends, and records an organization's business systems and processes is known as a business analyst.

9.5 LPA

Investment Banker

A finance expert with a focus on raising cash for businesses, governments, and other organizations and offering financial consulting services is known as an investment banker. They are employed by investment banks or other financial institutions.

6 LPA

Chief Financial Officer

The high-ranking executive in charge of overseeing the financial policies, plans, and day-to-day operations of an organization is called the CFO.

47.1 LPA

Product Manager

A product manager is a specialist who is in charge of managing a product's strategy, development, and success during its whole lifecycle.

24.7 LPA

Management Consulting

In management consulting, firms receive advising services aimed at enhancing their operations, resolving issues, and accomplishing their objectives.

7 LPA

Asset Manager

A financial expert or organization that manages assets and investments on behalf of clients—who may be individuals, organizations, or corporations—is known as an asset manager.

6.3 LPA

HR Manager

The person in charge of managing the human resources division of a company is known as an HR manager or human resources manager.

12 LPA

Project Manager

Within an organization, the task of organizing, carrying out, and supervising projects falls into the role of project manager.

19.1 LPA

Sales Manager

Within an organization, a sales department or a group of sales representatives is led and managed by a professional known as a sales manager.

6.7 LPA

Marketing Manager

The planning, carrying out, and supervising of marketing plans and campaigns to advertise a business's goods, services, or brand falls within the purview of a marketing manager.

12.5 LPA

Operations Manager

Managing and supervising the daily operations and procedures is the primary responsibility of an operations manager, a crucial leadership position in an organization.

10.4 LPA

 

Career Opportunities after MBA in India

The ability to choose from a variety of specializations is one of the main benefits of earning an MBA. Students can find career opportunities after MBA in a wide range of industries because of the abundance of jobs available. Additionally, students pursuing an MBA in a certain specialization are not limited to working in that profession and can choose to change careers at any time.

Among the top sectors where career opportunities after MBA is consistently high are:

Retail and Corporate Sector:

Various MBA specializations can be used for a wide range of career responsibilities in this sector, including category, store, technology, and marketing managers. Considering your goals, you might select a role based on your flair and skills. The average yearly salary of an MBA in retail and corporate is INR 5-25 Lakhs.

Career opportunities after MBA in the retail and corporate sector:

  • Floor Manager
  • Store Manager
  • Sales Executive
  • Customer Care Executive
  • Image Promoter
  • Retail Manager
  • Supply Chain Manager
  • Merchandiser
  • Brand Manager
  • Lobby Manager
  • Marketing Manager

Banking and Financial Institutions:

Jobs like financial analysts, credit and risk managers, marketing and sales managers, and other positions are filled by recent MBA graduates in this sector. There are several career opportunities after MBA in this profession, and depending on the work role, the typical yearly salary might range from INR 3 LPA to INR 20 LPA.

Career opportunities after MBA in the Banking and Financial Institutions:

  • Accounts Manager    
  • Marketing Manager  
  • Executive Assistant
  • Marketing Analyst      
  • Business Analyst        
  • Finance Manager
  • Cashier           
  • Equity Research Analyst         
  • Investment Banker

Media Sector:

There are lots of career opportunities after MBA for students in the media sector. Candidates can search print, broadcast, online, and other media for recruitment, with salaries averaging between INR 2 LPA and INR 10 LPA annually. A few of the most well-liked jobs in this field include those of TV producer, channel head, media executive, and expert in digital advertising.

Career opportunities after MBA in the Media Sector:

  • Social Media Strategist
  • Digital Media Producer
  • Digital Media Assistant
  • Channel Head
  • Media Manager
  • Marketing Analyst
  • Corporate Communication Head

Hospitality Sector

With expertise in the hospitality sector, students can expect career roles such as General Manager, Director of Sales, Marketing Manager, Management Consultant, etc. The average yearly salary for the students ranges from INR 3 LPA to INR 10 LPA. They can choose from an unparalleled array of career opportunities after MBA in hotels, casinos, cruise ships, airlines, resorts, and more.

Career opportunities after MBA in the Hospitality Sector:

  • Hotel Business Manager
  • Food & Beverage Manager
  • Hospital Administration Manager
  • Sales Manager
  • Key Accounts Manager
  • Operations Manager
  • Finance Manager
  • Casino Manager
  • Travel Agent
  • Restaurant Manager
  • Front Office Supervisor
  • Guest Service Associate
  • Catering Sales Manager
  • Revenue Manager

Education Sector:

Although the education industry appears to be somewhat small, students can find several career opportunities after MBA in this sector. A few of the top jobs in this sector are education policy manager, director of teacher recruitment, education technology manager, educational reform manager, etc.

Career opportunities after MBA in the Education Sector:

  • Principal/ Headmaster
  • Educational Consultant
  • Administrator
  • HR Manager
  • Educational Policy Analyst, etc.
  • Education Policy Maker
  • Professor

Management Consulting:

Consulting businesses employ some of the brightest minds in management, and their responsibilities include resolving organizational problems, welcoming novel concepts, and developing innovative approaches to problem-solving.

Career opportunities after MBA in Management Consulting:

  • Management Consultants
  • IT Consultants
  • Growth Consultants
  • Marketing Consultants
  • Project Consultants

Entrepreneurship:

MBA graduates with a focus on business operations, financial management, information security, etc. may choose to start their own company or accept prestigious roles in well-established companies. Candidates with an average yearly income of INR 5 LPA to INR 20 LPA are in greater demand.

Career opportunities after MBA in the Entrepreneurship Sector:

  • Marketing Manager  
  • Product Manager      
  • Finance Manager       
  • Business Analyst
  • Operations Manager
  • HR Manager
  • CEO
  • Department Manager
  • Project Manager
  • Sales Manager

Information Technology:

With an average yearly salary of INR 12 LPA, this industry offers MBA graduates positions as project managers, analytics managers, systems managers, IT managers, data processing managers, etc.

Career opportunities after MBA in the Information Technology:

  • IT Manager
  • IT Director
  • Project Manager
  • Computer and Information System Manager
  • Chief Technology Officer

Top MBA Student Recruiters

Every industry is eager to hire recent MBA grads. An organization's requirement for professionals grows as it expands, and demand for MBA graduates rises accordingly. Among the leading international corporations that hire recent MBA graduates are:

  • Amazon
  • Google
  • Hindustan Unilever
  • Mckinsey & Co.
  • Bain & Co.
  • Goldman Sachs
  • Microsoft
  • Boston Consulting Group
  • Coca- Cola Company
  • JP Morgan Chase & Co.

The top 5 Indian companies that recruit MBA freshers are:

  • Tata Administrative Services
  • Aditya Birla Group
  • ITC
  • Flipkart
  • Asian Paints

How to Get Hired after an MBA?

Finding the best career opportunities after MBA is not as simple as getting an MBA. Furthermore, one must work hard to carve out a safe and secure place in the market because competition is growing at an exponential rate. The best course of action is to begin when you are still in school and use some of the advice provided to help you find your ideal job:

Develop your abilities:

Having an MBA degree but without the necessary skills is like having all the resources but not knowing how to use them. Your career can be shaped by developing abilities like logical reasoning, problem-solving, and critical thinking, all of which can be acquired with consistent practice.

Join the alumni network and build a strong network:

One of the first steps in building a successful engineering career may be to become a member of your college's alumni network. They can bring a lot of career opportunities after MBA right at your doorstep. You receive information on job openings at prestigious firms, learn how to ace interviews and much more.

Create an eye-catching resume.

You need to be creative and accurately portray yourself on your resume to stand out from the thousands of other applications. You can use internet resume samples that you can download or hire a writing service to construct your resume.

Find a Good Internship:

Always try to find internships that align with your ideal job path. Excellent internships can help you get experience and possibly even improve your career opportunities after MBA.

Investigate other sectors:

Obtaining an MBA gives you access to a wide range of industries to choose from, including marketing, finance, and human resource management. If you select a particular specialization as your area of expertise and are dissatisfied with the benefits, you always have the option to change fields.

Remain updated and prepared for the interview:

Stay up-to-date with the latest trends and market conditions to come off as informed and astute during interviews. For this, you might follow a lot of social media platforms or business news.

Life after MBA

According to a Times of India survey of 1200 students from the top management schools in India, the happiness index after an MBA is 8.53. Before the program, people's happiness index was just 5.98; it increased to 7.71 throughout the MBA and 8.53 afterward, indicating that people's happiness levels increased. Big salary, however, comes with some of the highest demands, which is why, as some MBA alumni say, this position can occasionally be unbearable or unpleasant. However, getting an MBA in a sector with rapid job development would undoubtedly advance your career and help you acquire a variety of hard and soft skills.

Top Colleges for Career Opportunities after MBA

An MBA has never been a more popular and desirable post-graduate degree than it is now. However, selecting a college is the first step toward ensuring a steady flow of career opportunities after MBA. A list of some of the best IIMs with the highest CTC given in 2022–2023 is provided below:

College

Highest CTC (2022- 23)

Average CTC (2022- 23)

IIM Ahmedabad

INR 75 LPA

INR 27.5 LPA

IIM Bangalore

INR 49 LPA

INR 28.9 LPA

IIM Calcutta

INR 1.3 CPA

INR 34 LPA

IIM Lucknow

INR 51 LPA

INR 26 LPA

IIM Kozhikode

INR 69.3 LPA

INR 29.5 LPA

IIM Indore

INR 56.8 LPA

INR 23.6 LPA

IIM Shillong

INR 55.2 LPA

INR 23.1 LPA

IIM Rohtak

INR 32 LPA

INR 16 LPA

IIM Ranchi

INR 26.5 LPA

INR 15 LPA

IIM Raipur

INR 42.1 LPA

INR 17.7 LPA

 

Top Private MBA Colleges in Greater Noida

Not all colleges provide MBA admission after an entrance exam. Some of the top colleges in Greater Noida provide merit-based admission for MBA courses are listed below.  

MBA in Marketing Colleges in Greater Noida

Total Fees (INR)

Average Salary

GNIT College of Management

INR 2.46 Lakhs

INR 8 LPA

Sharda University

INR 7.32 Lakhs

INR 10-15 LPA

Shiv Nadar University

INR 11 Lakhs

INR 10 LPA

Noida Institute of Engineering and Technology

INR 2.08 Lakhs

INR 4 LPA

Accurate Institute of Management and Technology

INR 2.85 Lakhs

INR 6 LPA

Lloyd Business Schools

INR 3 Lakhs

INR 5 LPA

G L Bajaj Institute of Management and Research

INR 1.33 Lakhs

INR 6 LPA

Amity Business School

INR 13.44 Lakhs

INR 5.5 LPA

IILM University

INR 10.08 lakhs

INR 8.6 LPA

IIMT

INR 1.33 Lakhs

INR 6 Lakhs

 

Why Choose GNIT College of Management for better career opportunities after MBA?

If you truly want to be a master in business administration and lead a successful life, GNIT College of Management will guide you throughout your academic journey. Step into the universe of career opportunities after MBA with GNIT College of Management and get the best placement offers after graduation.

Our two-year, four-semester Master of Business Administration program will help you become a global player in the business world by giving you a thorough understanding of the industry. Through projects and internships, students can apply theory to the real world, learn from professionals in the field, and participate in case studies. Become a part of an active student community and establish priceless virtual relationships with your peers. With our MBA program's advanced learning and flexible courses, you can succeed in the workplace.   

Under the aegis of the GN Group of Institutes, GNIT College of Management is offering MBA programs with an intake of 120 seats in association with Dr. A.P.J. Abdul Kalam Technical University and Approved by the All-India Council of Technical Education (AICTE).

A minimum cumulative GPA of 50% (45% for SC/ST students) must have been earned by the candidate during their three-year minimum bachelor's degree program at any recognized Indian university or its equivalent, recognized by AIU.

Additional Certification & Training

  • Certification Program in Advanced Digital Marketing.
  • Six Sigma Green Belt.
  • Certification Program in Retail Management.
  • Certification Program Entrepreneurship.
  • Certification Program in Financial Planning.
  • Certification Program in Financial Derivatives.
  • Workshop on Entrepreneurship & Start-ups.
  • Training & Certification on BSE & NSE.
  • Certification Program in Event & Trade Fair Management.

Placement Statistics

Particulars

Statistics (2023)

Average Salary

INR 8.00 Lakh

Highest Salary

INR 25.00 Lakh

Lowest Salary

INR 6 Lakh

% Batch placed

92

Highest International Salary

INR 50.00 Lakh

International Placements (annual)

Total 4 offers

 

FEE STRUCTURE

COURSE

1st Year

2nd Year

MBA in Marketing

123,000/-

123,000/-

Semester Wise

70000/-

53000/-

70000/-

53000/-

Also Read:

FAQs for Best Career Opportunities After MBA

Q1. What is the highest MBA package offered by GNIT College of Management?

According to the most recent data, INR 25 LPA was the biggest package given to the MBA batch 2023 during the GN Group of Institutes MBA placements.

Q2. What are the MBA eligibility criteria at GNIT College of Management?

To be admitted to GNIT College of Management’s two-year MBA program, applicants must first meet the minimal qualifying requirements with a 50% cumulative GPA from an Indian university or an equivalent recognized by AIU. Admissions are based on the National-level management entrance exams, such as the CAT, MAT, XAT, CMAT, etc.

Q3. Who are the top MBA recruiters at GNIT College of Management?

In 2023, the companies that hired the most MBA grads from the GNIT College of Management were Wipro, Capgemini, Oracle, Airtel, Cognizant, TCS, IBM, Lenovo, etc. These recruiters placed students with modern job profiles in a variety of sectors.

Q4. What is the cost of an MBA at GNIT College of Management?

The cost of an MBA at GNIT College of Management is INR 2.46 lakhs.

Q5. What is the application fee for an MBA at GNIT College of Management?

The application fee is INR 1000 for all courses and INR 2000 for PGDM.