MBA has a promising structure of future and income far higher than any master’s course. An MBA can get you a salary jump, get you promotions, change your work profile, ensure better networking, and add one’s value in his CVs.
Why MBA??
- MBA offers excellent professionals and leads to an extensive scope for enhancement, improvement, and competencies.
- It changes one’s perspective for a progressive outlook.
- MBA graduates have the capability to build a network in industry and market.
- It creates a brand value for oneself.
- It boosts you to begin your own entrepreneurship plan.
MBA career options are listed below:
- Sales and marketing
- Finance
- IT and systems
- Human resources
- Operations
- Healthcare and hospitals
- Supply chain
- Retail
- Business analytics
Career option oriented for India
Banking and finance
The country follows a basic mindset of 9 to 5 jobs with higher chances of stability. For the past 2-3 decades it is the constant demand of a large number of populations in a country like India. At present also, a large number of people have the same mindset to live on. These are the best career options for them. The banking and finance arena consists of a portfolio of management, protection, and investment analysis. MBA graduates can find jobs in banks, insurance companies, security companies, and diverse monetary organizations. Some important job profiles a student can pursue after finance are-
- Financial manager/ analyst
- Credit analyst
- Accounting manager
- Risk and insurance manager
- Treasurer
- Finance manager
- Cash manager
Investment Banking
The personnel are required to connect and manage the relations between the investors and fund-wanted organizations. These have excessive demand in the indirect or inside markets.
Sales and marketing
The specialization with the most popular demand in the market and every sector needs someone to handle chores like this. Countries like India have a large versatile market established within national boundaries and globally. There is a large demand for marketing and sales to make products recognizable on a global platform and in each common household of a country. Some job profiles are-
- Brand manager
- Marketing manager
- Market research analyst
- Sales manager
- Product manager
- Media planner
- Internet marketing manager
After completing the course on human resources, one can simply join a cooperative sector or service- like BPO, IT, banking, and education sectors, etc. The main motive of HR professionals is recruitment, orientation, training, and appraisal of employees. There are numerous companies MCs, local, state, government, public and private who works smoothly because HR perform tasks like-
- Recruitment
- Training and development
- Employee benefits
- Coordination with employees
- Payroll management
- Managing competition
Operations management
This category includes concerns of logic in business like production, planning, manufacturing, and services. It includes the path of production to distribution i.e. primary, secondary and tertiary sectors. In India, job profiles for operations managers are available in IT, telecom, e-commerce, and many manufacturing industries. This sector tests the effectiveness and strategist management of candidates. The common job profiles are-
- Supply chain manager
- Logistic manager
- Inventory control managers
- Project managers
- Operations manager
Healthcare management
It requires a knowledgeable person in the most vital sector of any country. These managers fulfill their duty in medical sectors- like decision-making, policies, and important day-to-day roles in operation/surgeries and administrative tasks, etc. The general job profiles of healthcare managers are-
- Healthcare IT service
- Health insurance industry
- Pharmaceutical company
- Medical equipment
- Hospital management
Business analytics
It is one the most emerging profiles especially in the time of pandemic where uncertainty grows faster and affects almost every sector, especially in a country like India having populations in crores and having a large landform. One is required to do the analysis of different sectors or companies to know the uncertainty of future aspects and take necessary measures to counter them and find a better option for improvement and development of the sectors. And this sector has the highest scope of expansion. Industries including government, education, finance, software development, etc have different Job designations for the business analyst-
- Financial analyst
- Supply chain analyst
- Management consultant
- Predictive modeler
Entrepreneurship
One can guide himself, to begin with, scratch with a piece of adequate knowledge and expand one’s business and turn into a profitable company and provide employment opportunities to others. Mandatory experience is not required; one can turn his innovative idea into a business and become self successful. Right business ethics, leadership skills, developing core competencies, overcoming hurdles in accounting licensing, etc. Some basic career options are-
- Small business owner
- Corporate supervisor
- Business consultant
- Fundraiser and development officer
By Mithila Rathod
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