Career Opportunities after MBA

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Doing a suitable MBA programme from a leading B-school can bring to you several opportunities to lead the operations of a company or to set up your own business as an entrepreneur. Career opportunities are endless after MBA completion.

Career Opportunities after MBA

Are you considering MBA as your next educational choice, but are confused about its scope for your future career? If you have a dilemma about going or not going to pursue an MBA course, then let us share some critical information regarding the career opportunities after MBA that can lead you in a positive direction. As not every course in management may receive a warm welcome by the professional world, it is highly important that you set the right study goals in order to establish a fruitful post-MBA career.

Reasons to Pursue MBA:

If you feel that an MBA course should be done only to earn more money, get promoted in your job or quit a bad workplace, then you are not adopting the right approach to your future career. Take a deeper and more meaningful perspective if you are seeking good career opportunities after MBA. An MBA programme should be undertaken to launch a career that has a strong foundation. It should make you shift jobs only because you are an expert professional who wants to grow and progress in his/her career.

Further, your goal to pursue MBA should be to become more innovative in your outlook, do the best of networking, grow personally and professionally, raise your brand value or start your own business venture. This will help you be prepared to nurture your career and shape it in the right way. You will be able to seek relevant jobs while exploring a variety of career opportunities after MBA. Whether you would want to enter the domain of business planning and strategizing or of client relations and consulting, you will be ready with the right knowledge base and skill set after MBA if your goals of pursuing MBA are clear.

Choosing the Right Path to MBA:

To give a boost to career opportunities after MBA, it is important to gain an edge over the competition through the MBA programme you pursue. With the increasing number of students moving to MBA courses in all mba colleges, the number of MBA programmes and B-schools is also on a rise. This can even cause a cutthroat competition when you later enter the workforce or choose a field of career progression. Thus, it should be a wise decision to move on the right path to MBA. To support your decision, we tell you about a few significant factors to consider before choosing an MBA programme or B-school.

Things to consider when choosing a B-school for MBA programme:

Factors to Consider

Description

Type of MBA

There are full-time, part-time, and distance MBA programmes. While part-time/distance MBA is beneficial to your existing professional career, full-time MBA can open multiple channels of progress and growth in your career, as it is highly considered by the industry.

Course Duration

Depending on intended time investment, you may choose out of a 2-year MBA, 1-year MBA, and 3-yearMBA course.1-year or 2-year MBA is mostly full time, while 3-year MBA is mostly part-time, distance or executive MBA. However, course duration may vary by the institute.

B-School

Doing MBA from Tier-I schools like IIMs offers excellent scope in the national and international corporate world. However, many Tier-2 schools are also great to do MBA of all types.

Institute’s Credentials

Before choosing the right institute, evaluate B-schools on aspects like their reputation, quality of education, infrastructure and facilities, placement scenario, alumni, etc.

Specialisation Scope

Assess the scope of your management specialisation in professional areas of your interest and choose your specialisation carefully. Some fields like marketing, sales, finance, HR and healthcare have more demand of MBAs.

B-School Location

India has good B-schools in many states now. Thus, choose a location that favours your expected placement later on.

Opportunities to Grab after MBA:

An MBA degree is probably the most appreciated and accepted PG degree in the world. Gaining this professional degree can open varied avenues for you, as the course gets you ready to face the multiple challenges of the business world. The MBA programme develops your soft skills, as well as managerial and leadership skills. It prepares you to handle the opportunities and threats of the vibrant business environment, as well as to work on a business’ strengths and overcoming weaknesses. Thus, students never lack career opportunities after MBA. Here are some that you may explore:

  • Manufacturing sector jobs: In industries, there is a huge demand for MBAs to take care of a variety of operations. You can apply for positions like HR manager, finance manager, operations manager, IT manager, or management analyst in the manufacturing sector firms. Dealing with the factory staff and handling its operations can give you a strong exposure to the real-time applications of concepts you learn during your MBA course. Industries offer a wide variety of career opportunities after MBA.
  • Indian and foreign firms: Whether it is an Indian company or an MNC, MBAs can join them at managerial positions that provide an extensive experience of managing resources and operations, as well as of doing the strategic business planning and leading teams successfully. Career opportunities after MBA vary from human resource management and international business management to corporate communication and public relations management. You can work at positions like those of a brand manager, product manager, investment manager, media manager, quality analyst, or sales and marketing manager.
  • Consulting services: After completing MBA, you can also think of offering business advisory services to other companies. Business owners often depend on external advisors to avail management consulting services in various fields. For instance, you may become a financial advisor if you have specialised in the area of finance. Similarly, you can be a trainer if you have specialised in the domain of HRM. Firms seek consulting solutions in almost all departments, ranging from IT to marketing. Thus, career opportunities after MBA are numerous in this area.
  • Entrepreneurship: MBA imparts such skills to students that make them good leaders, managers, orators, and problem solvers. All these skills come handy while running a business. Thus, if you have completed your MBA course, you can think of becoming an entrepreneur and starting your own business. You can even think of running a non-profit organisation or becoming a board member with it.
  • Research and academics: Some interesting career opportunities after MBA arrive in the fields of research and education. You may not only go into teaching at a management institution but may also join a research organisation to make innovative contributions in the field of management research.
  • Internal career progression: If you are an experienced professional who has pursued executive MBA or even full-time/part-time MBA, then you may move up the corporate ladder at a much faster pace. You may progress within your organisation and seek promotions by displaying your managerial skills at your current position. MBA gives you authenticity and shows your loyalty and willingness to serve your present firm. Thus, it greatly benefits working executives. However, it also helps when you want to make a move to a high-paying position in another organisation.

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