Career Advice

Job Opportunities After MBA: Finance, Marketing & Others8 min read

January 21, 2020 6 min read
Job Opportunities after mba

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Job Opportunities After MBA: Finance, Marketing & Others8 min read

Read­ing Time: 6 min­utes

Mas­ter in Busi­ness Admin­is­tra­tion (MBA) grad­u­ates have been high­ly in demand for a while now, and this demand is only increas­ing with time. Huge multi­na­tion­al com­pa­nies approach top B‑schools and offer job oppor­tu­ni­ties in India for their graduates.

This is one of the main rea­sons why many stu­dents opt for pur­su­ing an MBA. It pro­vides incred­i­ble job oppor­tu­ni­ties for fresh­ers. And not only in India but an MBA degree might open the door to job oppor­tu­ni­ties abroad as well.

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An MBA pro­gram offers a vari­ety of spe­cial­iza­tion. There is no set para­me­ter based on which stu­dents might choose their spe­cial­ty. Every spe­cial­ty has an astound­ing col­lec­tion of oppor­tu­ni­ties and learn­ings that will prove to be ben­e­fi­cial in the long run. Here is a list of spe­cial­ties that the course of MBA offers:

  • Finance­Mar­ket­ing
  • Human Resources
  • Oper­a­tions
  • Infor­ma­tion Technology
  • Entre­pre­neur­ship

Each of these MBA cours­es offers an ample amount of job oppor­tu­ni­ties for fresh­ers in India as well as abroad. Let’s take a look at what they have to offer:

Jobs Opportunities After MBA (Finance)

MBA in Finance is the most pop­u­lar among stu­dents. Be it the high pay­ing salary or the fact that finance is a require­ment in every indus­try, an MBA in finance is the top choice of most MBA stu­dents. How­ev­er, make no mis­take, finance is not an easy specialty.

Jobs after MBA in finance involve han­dling the invest­ments of a com­pa­ny. Besides, no com­pa­ny can run with­out finances. There are plen­ty of deci­sions to be made in terms of cost and spend­ing. And you will be put in charge of such decisions.

Main­ly, an MBA in finance will open job oppor­tu­ni­ties in banks, finan­cial insti­tu­tions, and con­sul­tan­cies. To be more spe­cif­ic, you can enter oppor­tu­ni­ties in coop­er­ate finance, invest­ment bank­ing, inter­na­tion­al finance, mer­chant bank­ing, etc.

Besides these options, you also have an oppor­tu­ni­ty to pro­vide con­sul­ta­tion ser­vices to the gov­ern­ment as well as pri­vate orga­ni­za­tions. In order to demon­strate all these skills, you need to have good com­mu­ni­ca­tion skills. Learn in detail how to improve com­mu­ni­ca­tion skills here.

Here are a few exam­ples of the pos­si­ble job oppor­tu­ni­ties after MBA in finance:

  • Invest­ment Banker
  • Account­ing Manager
  • Insur­ance Manager
  • Finan­cial Analyst
  • Con­sul­tant Manager
  • Chief Finan­cial Officer
  • Tax Man­ag­er
  • Client Accoun­tant

Jobs after MBA (Marketing)

Mar­ket­ing is the core essence of any busi­ness. If you can’t mar­ket your prod­ucts or ser­vices, your busi­ness can­not thrive in such a com­pet­i­tive envi­ron­ment. There­fore, it is obvi­ous why mar­ket­ing is also one of the more pop­u­lar spe­cial­ties of an MBA.

Stu­dents pre­fer to go in this field because just like finance has a wide scope, mar­ket­ing is also a part of every busi­ness. As an employ­ee of the mar­ket­ing depart­ment, it is your respon­si­bil­i­ty to bring in new clients, grow the com­pa­ny’s rev­enue as well as its mar­ket share and bring devel­op­ment on a large scale.

An MBA in mar­ket­ing pro­vides job oppor­tu­ni­ties in a vari­ety of sec­tors. Whether your pas­sion is in mar­ket research, adver­tis­ing, media or sales, mar­ket­ing exists in every industry.

Here is a list of the most pop­u­lar job oppor­tu­ni­ties after MBA in Marketing:

  • SEO Man­ag­er
  • Mar­ket­ing Analyst
  • Mar­ket­ing Executive
  • Busi­ness Devel­op­ment Manager
  • Sales Man­ag­er
  • Dig­i­tal Mar­ket­ing Associate
  • Brand Man­ag­er

Job Opportunities after MBA (HR)

As the name sug­gests, Human Resources (HR) deals in the most essen­tial resource of a com­pa­ny; its employ­ees. An MBA in HR aims to grant you the knowl­edge and abil­i­ty to han­dle employ­ee-relat­ed work of a com­pa­ny. For exam­ple, employ­ee com­pen­sa­tions, pay­roll, recruit­ment, train­ing & devel­op­ment, per­for­mance reviews, etc. Apart from these func­tion­al­i­ties, HR is also respon­si­ble to man­age the rela­tions between employ­ees and man­age­ment. There­fore, they have to ensure a healthy work envi­ron­ment exists for all.

Here is a list of job oppor­tu­ni­ties after MBA in HR:

  • Recruit­ment Associate
  • HR Con­sul­tant
  • Labor Rela­tions Specialist
  • Train­ing & Devel­op­ment Manager
  • HR Man­ag­er
  • Tal­ent Acqui­si­tion Manager

Jobs after MBA (Operations)

Gain­ing knowl­edge about Oper­a­tions Man­age­ment will grant you immense ben­e­fits. This is main­ly because of one rea­son, an oper­a­tions man­ag­er sin­gle-hand­ed­ly over­sees the man­u­fac­tur­ing sys­tem of an orga­ni­za­tion. Work­ing in oper­a­tions you have to ensure the effi­cien­cy of the com­pa­ny’s resources as well as get opti­mum results. In the oper­a­tions depart­ment, you can work with prod­uct design, man­u­fac­tur­ing, qual­i­ty con­trol, sup­ply chain man­age­ment, etc.

An MBA in Oper­a­tions will give you knowl­edge about how to turn input into out­put effi­cient­ly. There­fore, your deci­sion-mak­ing skills need to be strate­gic in nature. There are var­i­ous job oppor­tu­ni­ties for MBA Oper­a­tions grad­u­ates. Such as,

  • Sup­ply Chain Manager
  • Inven­to­ry Con­trol Manager
  • Logis­tics Manager
  • Oper­a­tions Manager
  • Exec­u­tive in operations
  • Stock Man­ag­er

Jobs after MBA (Information Technology)

Tech­nol­o­gy has evolved as a cru­cial part of every busi­ness domain and indus­try. As a result, there is a need for employ­ees who are pro­fi­cient to work with tech­nol­o­gy and gen­er­ate prof­itable results for the com­pa­ny. There­fore, MBA spe­cial­iza­tion in IT has immense job oppor­tu­ni­ties. It opens up a career path for stu­dents to work in IT com­pa­nies, soft­ware com­pa­nies, and oth­er domains.

Because of the shift towards e‑commerce, there is a require­ment of an IT expert in every indus­try. Addi­tion­al­ly, IT pro­fes­sion­als design and cre­ate the soft­ware as well as hard­ware for an organization.

Above all, IT pro­fes­sion­als have the widest range in terms of career scope. Because with the advance­ment of tech­nol­o­gy set­tling into the cor­po­rate world, there is a require­ment for them every­where. Here is a list of pos­si­ble job oppor­tu­ni­ties after MBA in operations:

Job after MBA (Entrepreneurship)

An MBA in Entre­pre­neur­ship has the pri­ma­ry con­cen­tra­tion in Entre­pre­neur­ship. This spe­cial­iza­tion focus­es on top­ics relat­ed to entre­pre­neur­ship, such as ven­ture cap­i­tal and small busi­ness man­age­ment, etc.

This mul­ti­dis­ci­pli­nary area of con­cen­tra­tion is designed to pre­pare grad­u­ates to start their own busi­ness, know­ing every­thing from how to write a real-world busi­ness plan, to how to man­age a busi­ness at the inter­na­tion­al lev­el. Stu­dents learn through a vari­ety of sources like — tra­di­tion­al class­es, case stud­ies, project-based assign­ments, etc. They even cre­ate a busi­ness plan in their classes.

An MBA in Entre­pre­neur­ship will open up oppor­tu­ni­ties in the fol­low­ing sectors:

  • Auto­mo­bile
  • Adver­tis­ing
  • Agri­cul­ture
  • Bank­ing
  • Cement
  • Small and Medi­um Enter­prise management
  • Fash­ion
  • Cin­e­ma
  • Infor­ma­tion Technology
  • Insur­ance
  • MiningOil and Gas
  • Dig­i­tal Media
  • Retail
  • Real Estate

Top Indian Institutes for MBA Course

Due to the increas­ing demand for MBA grad­u­ates, more and more col­leges, as well as uni­ver­si­ties in India, have start­ed pro­vid­ing MBA cours­es. How­ev­er, there are top col­leges that are famous for their MBA pro­grams for decades. They have held the hon­or of pre­sent­ing stu­dents who are not only pow­er­ful in their knowl­edge base but also have an excep­tion­al skill set.

Here is a list of the top ten Indi­an uni­ver­si­ties and oth­er edu­ca­tion­al insti­tu­tions that pro­vide the best MBA pro­grams as well as job opportunities:

  1. IIM Ahmed­abad — Indi­an Insti­tute of Man­age­ment (IIMA)
  2. IIM Ban­ga­lore — Indi­an Insti­tute of Man­age­ment (IIMB)
  3. IIM Cal­cut­ta — Indi­an Insti­tute of Man­age­ment (IIMC)
  4. XLRI Xavier School of Management
  5. IIM Luc­know — Indi­an Insti­tute of Man­age­ment (IIML)
  6. IIM Indore — Indi­an Insti­tute of Man­age­ment (IIMI)
  7. IIM Kozhikode — Indi­an Insti­tute of Man­age­ment (IIMK)
  8. MDI Gur­gaon — Man­age­ment Devel­op­ment Institute
  9. SPJIMR — S.P. Jain Insti­tute of Man­age­ment and Research
  10. Indi­an School of Busi­ness, Hyderabad

Salary Prospects

One of the pri­ma­ry rea­sons why young­sters chase an MBA degree is because of the amaz­ing pay­check they get with this degree. This is espe­cial­ly true if you grad­u­ate from the top B‑Schools in India. These insti­tutes are vis­it­ed by thou­sands of MNCs annu­al­ly to offer jobs to their fresh graduates.

How­ev­er, the salary that is ulti­mate­ly offered to the stu­dents depends heav­i­ly on many fac­tors. For instance, the spe­cial­iza­tion that is cho­sen, the com­pa­ny for which they inter­view, the job role, etc. Of course, the most impor­tant fac­tor is the can­di­date himself.

It is entire­ly up to them how well they per­form dur­ing their inter­view. How­ev­er, on aver­age, the salary pack­ages offered to MBA grad­u­ates in top B‑schools start around 20–22 LPA.

Job Opportunities Abroad

Even though an MBA is the most sought after degree in India, get­ting job oppor­tu­ni­ties abroad is not that sim­ple. This is main­ly because every coun­try has its own set of rules that one must fol­low. Get­ting a job abroad can be tricky, espe­cial­ly if you lack experience.

Many com­pa­nies demand a min­i­mum of 2 years of expe­ri­ence before a can­di­date can even apply for a job. There­fore, there are a few tips that you must keep in mind if you are think­ing of find­ing a job abroad.

The most impor­tant thing to remem­ber is that your sub­ject knowl­edge is key. You must famil­iar­ize your­self with your sub­ject mat­ter in a way that it gets inbuilt in your sys­tem. Fun­da­men­tal knowl­edge in your field is the most obvi­ous thing an employ­er will exam­ine before even con­sid­er­ing you as a poten­tial addi­tion to their company.

In some cas­es, work­ing in MNCs also pro­vides var­i­ous oppor­tu­ni­ties to go abroad. It could be relat­ed to a project, or essen­tial­ly if you per­form well it could also be a pro­mo­tion. But such cas­es are applic­a­ble to senior employees.

In con­trast, you can con­sid­er going to con­sul­tan­cies because they have the exper­tise as well as tie-ups with many coun­tries. As a result, they can help you in locat­ing the per­fect oppor­tu­ni­ty that is suit­able espe­cial­ly for you.

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Washija is a content specialist at Receptix. She has an MBA in Tourism and a passion for creating web content. She is an avid reader, a traveler, and a versatile writer.
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