Master of business administration (MBA) is a specialized program that mainly focuses on providing the skills related to business administration and management. The candidate can confidently present himself in front of potential recruiters and thus can enhance the brand value of an individual in the job hunt. An MBA degree can help a person to earn a progressive career in the business domain. It offers a great opportunity to get a clear idea about the various streams in the management field and thus many pros and cons associated with it in the way of choosing a career in business. In order to get the maximum benefit out of the MBA degree, one has to enter into the field and thus gather some materials to get a vague idea about different career options associated with it. Also, the individual should check whether that the decision would be appropriate for his or her goals and they have to do research about the salary packages offered for top job roles. In this blog post, we are discussing the various career opportunities after MBA.
We have already said that an MBA is a course that gives us clarity about different streams within the management field. And also the career option thus may differ according to various streams opted by different individuals. Finance, marketing, HR, IB, operations, etc. are various specializations and thus the career opportunities also show fluctuations according to this. The aspirant can select one interesting field in which he or she wants to build a career in the future and thus they can choose their job roles within their major stream. That would be a very effective way of choosing a better career and sticking to it. So it would be very effective when someone plans a job in relation to their mainstream of specialization.
Career opportunities after MBA
The following are the various career opportunities after MBA offered through different major streams:
MBA in Finance
Finance is one of the most popular specializations in MBA and thus it can offer immense chances to build a better career in that field. Most of the students opted for finance as their major stream in the dream of getting a good and stable job in their future. The finance specialization with tremendous growth prospects in Banking, financial services, and insurance sector. The lessons of finance always enable a management trainee to focus on planning, managing, and regulating the financial resources or assets of any industry. It will enhance the skills of each individual to effectively recording and maintain the financial accounts of a company’s operations.
After completing the MBA in Finance, one can find a job in various ways such as:
- Corporate Finance
- Corporate Banking
- Sales and trading
- Asset management
Goldman Sachs, Deloitte, KPMG, etc. are the top recruiters in India hiring MBA Finance professionals.
MBA in HR
The specialization of an MBA in Human Resources is mainly focusing on enhancing the skills and competencies of each aspirant to work effectively for any company in which they are appointed in order to achieve the company goals. The HR specialist could easily recognize the right skills that would be best for the success of the organization and thus can recruit the employee in a better way to accomplish the company goals effectively. And also it will provide great knowledge to each student about how to manage human resources within an organization in an optimum manner that would result in high productivity. HR professionals can find a good job in a variety of fields such as IT companies, advertising firms, manufacturing industry, retail companies, newspapers, and more. The major recognized companies including MNCs are always seeking well-efficient HR professionals in order to plan and manage the organizational operations.
MBA in Marketing
It mainly focuses on the marketing and advertising aspects of an organization. The specialization will enhance the creativity and skills of an individual to think out of the box that would help a company to easily promote their products in the market. The marketing professionals will help the company to effectively promote its products and services via different media and make them reach the mass audience. The key goal of the specialization is to teach the aspirants about brand marketing, sales, different marketing channels and its techniques, product management, consumer behavior, and various promotional tools. Once completed the MBA in the marketing stream, the job opportunities will be like:
- Analytical Marketing
- Product and Brand Management
- Retail Marketing
- Marketing Manager
- Online Marketing
- Digital Marketing
- Business Marketing
- Competitive Marketing
- Business Development Manager
The marketing management professionals can find job options in advertising agencies, marketing companies, the FMCG sector, financial services, etc. Marketing is significant for any kind of organization and marketing professionals are always play a key role in each organization. The major Indian recruiters are Accenture, Flipkart, Amazon, etc.
MBA in Operations Management
It includes everything related to business operations such as product quality and cost, manufacturing time, packing and dispatching, enhance productivity, and boosting customer satisfaction through timely delivery. Purchase management, inventory management, quality control, and ERP are the major skills earned by each operation professional through MBA. The usual job choices offered for the individuals who opted for Operations Management as specializations are:
- Financial Institutions
- Information Technology
MBA in IB
International Business or IB is a great chance for the person who wants to start a career in export and import businesses. The specialization will be focused on educating the individual about how an international business takes place and will enable them to become experts in that area. Companies that are aimed to extend their operations in a foreign country require candidates who are trained to manage international scenarios and are also skilled in actual concepts that are in high demand. Those skilled persons will be helpful for the good establishment of a business. Increasing globalization and the increasing number of businesses in the current situation is very favorable for those who opted for IB as their MBA specialization. HDFC Bank, Amazon, IBM, Wipro, etc. are major recruiters. The MBA in IB offers various career opportunities such as:
- Export-import management
- Logistics management
- International marketing
- Foreign exchange management
There are more than 30 specializations are available in MBA but here we discussed only a few among the major specializations. The detailed research about the career opportunity could help each individual who is planning to build a better future in the field of management. Career growth may vary according to different MBA specializations and thus the specializations control the future career development of an individual. Not all management jobs serve a better career but the aspirant should opt for the specialization in relation to their interest and passion to get a better result.
MBA at MIIM
The MBA specializations offered by Marian International Institute of Management are HR, Marketing, IB, Finance, and Operations. These specializations also ensure various career opportunities for the students. The institute is in tie-up with many reputed MNCs in the market and they can recruit skilled and talented employees within the campus itself. The institute will contribute their cent percent effort to help the students to get an entry into a good company. The institute itself helps and guides each and every aspirant to become more competent in the recruiting hunt. The students may get confused at their initial stages of selecting options. But the faculties will be always there for each one to support and guide them to take the best specialization. Thereafter, the faculties will also motivate each management trainees to achieve the highest position through proper training.
Deloitte. Accenture, KPMG, Canara Bank, Extra marks, Biju’s Learning App, Berger paints, etc. are the major recruiters of MIIM who are always ready to recruit skilled and talented management trainees from the institute.