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6
Event 1
Schedule on:
05/03/2024 05:30 AM
Why Choose MBA?
According to GMAC’s Global Survey, ‘MBA is the most popular choice for graduate-level study among Indian students.’
According to a report by Times of India, the employability of MBA graduates sits at 54%, which is the highest among different professional courses.
There are more than 14k job offers currently on monsterindia.com and more than 58k jobs on naukri.com.
The average annual salary of an MBA in India ranges between INR 7 LPA to INR 12 LPA for different specialisations.
Some of the desirable job positions such as Business Operations Management, Marketing manager, Operations Research Analyst, and Management Analyst are considered ‘hot jobs’ according to the US and World News Report.
According to AIMS, banking, finance, consulting, marketing, manufacturing and technology are some of the fields that are craving for MBA graduates. When it comes to actual job titles, here is a list of some of the most in-demand jobs:
Job Profiles
Description
Average Salary (in INR)
Business Analyst
A Business Analyst is a professional who works within an organization to analyze, understand, and document the business processes and systems.
9.5 LPA
Investment Banker
An Investment Banker is a finance professional who works within an investment bank or a financial institution, specializing in providing financial advisory services and raising capital for corporations, governments, and other entities.
5 LPA
Chief Financial Officer
The CFO is a high-level executive responsible for managing an organization's financial actions, strategies, and operations.
A Product Manager is a professional responsible for overseeing the development, strategy, and success of a product throughout its lifecycle.
24.7 LPA
Management Consulting
Management consulting involves providing advisory services to organizations to improve their performance, solve problems, and achieve their goals.
7 LPA
Asset Manager
An Asset Manager is a financial professional or entity responsible for managing investments and assets on behalf of clients, which can include individuals, institutions, or corporations.
A Marketing Manager is a professional responsible for planning, executing, and overseeing marketing strategies and campaigns to promote a company's products, services, or brand.
12.5 LPA
Operations Manager
An Operations Manager is a key leadership role within an organization responsible for overseeing and managing the day-to-day operations and processes.
10.4 LPA
Note: The salary has been taken from Ambitionbox.com.
One of the biggest advantages of an MBA is that it comes with the option of various specialisations. It is a vast ocean of opportunities that offers students the work in a plethora of industries. Besides, an MBA in a particular specialisation is not restricted to a single field and the students can switch to another sector whenever they want.
Some of the sectors where MBA graduates are constantly in demand are:
Retail and Corporate Sector- There are many job roles for different MBA specialisations in this industry such as store manager, category manager, store technology manager, store marketing manager, etc. Depending on the flare and skill you possess, you can pick up a role considering your ambitions.
Banking and Financial Institutions- MBA graduates are hired in capacities such as Financial Analyst, Credit & Risk Manager, Marketing & Sales Manager, etc. It is a field full of career opportunities with an average annual salary ranging between INR 3 LPA to INR 20 LPA based on the job role.
Media Sector- Students have ample opportunities in both private and government sectors. With an average annual salary ranging between INR 2 LPA to INR 10 LPA, candidates can look out recruitments in print media, broadcast media, internet media, etc. Some of the popular job roles in this industry are Media Executive, Digital Advertising Expert, Channel Head, TV Producer and many others.
Hospitality Sector- With an expertise in hospitality sector, students can expect for job roles such as General Manager, Director of Sales, Marketing manager, Management Consultant, etc. With an average annual salary ranging between INR 3 LPA to INR 10 LPA, the students have unprecedented opportunities in airlines, cruise ships, hotels, casinos, resorts, etc.
Education sector- Education sector may seem very limited, but it has a lot of opportunities for MBA graduates. Some of the job roles in this industry include education policy manager, education technology manager, director of teacher recruitment, educational reform manager, etc.
Management Consulting- Consulting firms hire some of the best management brains and the responsibility of these individuals include solving organisational issues, embracing fresh ideas and finding new problem- solving methods.
Manufacturing sector- With the declining numbers of industrial engineers, MBAs are filling in the gap. Companies who need help with data analysis and managing complex supply chains hire MBA graduates. With an average annual salary of INR 4 LPA- INR 12 LPA, candidates can look up to job roles such as Purchase Manager, Project Manager, Organisational Consultant, etc.
Entrepreneurship- MBA graduates may aim to launch their own venture or they may accept respected positions at established firms such as that business operations, financial management, Information security, etc. The demand for candidates has been on the rise with an average annual income of INR 5 LPA to INR 20 LPA.
Information Technology- Project Managers, Analytics Manager, Systems Manager, IT Manager, Data Processing Manager, etc. are some of the job roles offered to MBA graduates in this industry with an average annual salary of INR 12 LPA.