In today’s world, an MBA from a top management school like Chitkara Business School may lead to professional prospects in almost any field, from logistics to finance. However, finding employment after graduation is not always straightforward. Students must ensure that their academic program aligns with their potential professional objectives before completing their degree.
Top Paying MBA Specialisations:
Marketing: One of the most common graduate degrees is the MBA (Master of Business Administration), which includes a marketing specialisation. Marketing students study customer behaviour and build products they are likely to buy. Marketing classes encompass a variety of topics such as advertising, branding, market research, and foreign and internet marketing. Marketing Management professionals can find employment in advertising agencies, marketing businesses, the FMCG industry, financial services, information technology, and other sectors. MBA Marketing candidates earn an average annual salary of Rs. 752,000, according to PayScale.
Finance: An MBA is a postgraduate degree in finance administration that focuses on managing a company’s finances to meet certain financial goals. Pricing, asset management, risk management, and financial planning are among the subjects covered in the course.
Students with excellent analytical and financial skills, as well as knowledge of financial models and the stock market, should choose a career in finance management. An entry-level investment banker might make around Rs. 680,000 per year. With fewer than four years of experience, an early career earns roughly Rs. 870,000 per year. On average, a mid-level employee with 5-9 years of experience makes Rs. 1,500,000 yearly.
Human Resource Management: The MBA HRM program educates and trains students in human resource management. An HR professional has to establish and sustain an organization’s culture, as well as attract and retain top talent. The HR professional’s principal role is to look after the company’s employees.
HR specialists’ employment has recently gained traction across all industries. As a consequence, HR Management professionals will have several career opportunities in IT companies, law firms, advertising firms, retail organisations, media houses, newspapers, and so on.
MBA HR candidates may expect to earn Rs. 603,000 per year. An MBA HR Manager’s monthly compensation is Rs. 756,000, while a Senior HR Manager’s income is close to Rs. 1,000,000.
International Business: Multinational firms have created a diverse and competitive workforce capable of conducting global operations. Because the majority of the workforce is focused on building businesses in other countries, the ability to compete on a global basis is vital.
The urge to join such a workforce has raised the appeal of an MBA in International Business in India. Companies that wish to develop and create a business in a foreign country want a candidate who has been trained to deal with international challenges and is familiar with the concepts and theories that can assist them in getting started.
The average annual salary for an MBA candidate in International Business is Rs. 788,000. TCS, JP Morgan, and others are among the top recruiters.
Best Career Options:
Some of the most promising career options after pursuing an MBA from top B-schools in India include:
Banking and Finance: The banking and finance area includes protection and investment research, as well as portfolio management. MBA graduates can work in several financial organisations, such as banks, insurance companies, and security agencies.
Investment Banking: Investment banking jobs are in great demand in the domestic market. Professionals in this field must connect investors with NGOs in need of support.
Information Systems Management: Candidates with advanced technological capabilities are required for degrees in information system management. These applicants learn about new and enhanced technologies to better support the company. They give a detailed cost evaluation to be applied to the suitable technology as they interact with the economic and managerial domains.
Management Consulting: If you are a problem-solving specialist, management consulting is the perfect job for you. Management consulting specialists must address organisational difficulties. He or she is also accountable for accepting new ideas and techniques to issue resolution.
Entrepreneurship: For MBA graduates today, entrepreneurship has emerged as the preferred job route. The MBA develops academic abilities to become entrepreneurs. If you wish to establish your own business, experience is no longer required. To thrive in this industry, students must be innovative and creative thinkers.
Conclusion:
The vast range of courses offered by an MBA, spanning from finance to analytics, is expected to increase demand for MBAs in the future. Industries were formerly compelled to hire PHDs and post-graduates to manage data and analytical components. Because they originated in academia, they lacked genuine knowledge and application. This is where MBA students take charge.
MBA graduates from Chitkara University can specialise in a range of fields, including finance, investment, analytics, and so on while earning real-world business skills. From a business sense, this increases their value. An MBA, on the other hand, may give various advantages if received from a reputed university such as Chitkara University.
