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Deciding on which master's degree to pursue after your bachelor's is a crucial decision, considering several diverse options. You can either pursue a master's in the same field as your bachelor's, or you may opt for a degree that diverges from your academic pathway. Moreover, choosing the right master's degree becomes even more perplexing and critical when you've already gained professional experience. The decision to stay within the same domain or venture into a new one plays a pivotal role in selecting the ideal program.
In recent times, the MBA degree has emerged as a highly sought-after credential worldwide, offering entry into various domains regardless of your previous experience. Pursuing an MBA not only ensures a seamless transition into diverse industries but also promises lucrative job opportunities, ensuring a high Return on Investment. Globally, MBA graduates are highly sought after across a wide range of industries.
Many coveted job roles require the eligibility criteria of an MBA degree, making it an attractive option for professionals with ambitious aspirations in the business landscape. In this blog post, we will delve into the plethora of high-paying jobs one can pursue after completing an MBA degree. We will also explore the various specializations within the MBA program that can guide you towards your desired career path and help you achieve your dream salary.
Types of Jobs After MBA
An MBA, or Master of Business Administration, is a versatile degree that opens up a plethora of career avenues. As businesses evolve in an ever-changing economic landscape, the demand for skilled and knowledgeable professionals continues to rise. With an MBA, you can tap into diverse industries such as finance, marketing, consulting, technology, and healthcare, among others.
Let's explore the vast sea of opportunities that an MBA jobs in abroad degree can bring. Whether you are a number-crunching enthusiast, a marketing maestro, an innovative thinker, or an aspiring entrepreneur, an MBA degree arms you with the analytical, managerial, and leadership skills required to thrive in the competitive corporate world. below, we have discussed the variety of jobs which pays a lucrative salary to the MBA graduates:
Job Roles | Salary |
Marketing Manager | $70,648 |
Management Consultant | $92,827 |
Investment Banker | $100,000 |
Business Analyst | $82,679 |
Financial Advisor | $90,530 |
Administrative managers | $86,683 |
Human Resource Manager | $61,000 |
Product Manager | $93,356 |
Operations Manager | $95,284 |
IT Managers | $145,740 |
1. Marketing Manager
As the name suggests, a marketing manager is a person who manages the market outreach of the company. A marketing manager is responsible for the implementation of services or the delivery of a product in the market.
Marketing managers are creative individuals who look after the panned and unplanned reputation of the company in the market. Planned images may include print or video advertisements, public speaking engagements, endorsements, and printed literature.
2. Management Consultant
A management consultant is a person who helps organizations or companies to improve their performance by carefully analyzing the existing problems and developing ways to solve them in and provide the organization with better efficiency.
A management consultant needs to be strategic, calm, and operational when it comes to working. He should be a specialist in his field and should be solution-oriented. So, if you’re someone who has a knack for solving problems and managing people in a crisis, along with stellar communication skills.
3. Investment Banker
Business audits using a calculator financial data investment fund at a workplace, wealth concept. An investment banker is a person who works closely with a financial institution and is responsible for raising capital for governments, organizations, or other entities he is associated with.
Being an investment banker, you get to work with renowned firms like Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan Chase (JPM), Bank of America Merrill Lynch (BAC), and Deutsche Bank (DB).
4. Business Analyst
A business analyst is an individual who analyses and understands the needs of a business domain or an organization and aims to deliver technological solutions involving computer processes in a cost-effective way.
The jobs after MBA role of a business analyst includes assisting with the business case, planning, and monitoring, enlisting requirements, translating and simplifying requirements, management and communication, and requirement analysis.
5. Financial Advisor
Financial advisors are professionals who suggest and render financial advice to their clients based on a situation. A financial advisor is often considered to be a planner, educator, or partner for all your money matters.
A financial advisor is one who helps you invest in the right place and help you reach your goal. He is the torchbearer for your investments and provides you with advice on your long-term goals. They are individuals with expertise in their area, who are accountable for the situation, know how to evolve, and believe in taking action.
6. Administrative managers
An Administrative Manager is a person who ensures the smooth administration of a business and makes sure to run it in an organized way. He is responsible for supporting operations by supervising staff, and planning, organizing, and implementing administrative systems.
The roles in MBA jobs in abroad of an administrative manager involves maintaining administrative staff and keeping a record of their performances along with the accomplishment of results.
The skillset for an administrative manager includes Tracking Budget Expenses, Staffing, Quality Management, Managing Processes, Organization, Coaching, Communication Processes, Disciplining Employees, Motivating Others, Promoting Process Improvement, and Reporting making.
7. Human Resource Manager
A Human Resource Manager is a professional jobs after MBA role that strategizes the effective management of people or employees in an organization. Human resource (HR) managers are typically involved with recruitment, training, career development, compensation and benefits, employee relations, industrial relations, employment law, compliance, disciplinary and grievance issues, redundancies, etc.
An HR Manager is a requisite of any large organization having a professional setting. They include banks, insurance companies, hospitals, universities, institutes of technology, etc.
8. Product Manager
A product manager role involves the handling and development of new products for a particular organization or company. As a product manager, you will be responsible for creating business strategies and also looking after the functional requirements needed in the development of a physical or virtual product.
The role spans many activities, from strategic to tactical, and provides important cross-functional leadership - most notably between engineering, marketing, sales, and support teams.A product manager's role is crucial to an organization as the success of the business might depend upon the efficacy of the product in the market. Thus, it starts with a strong product manager who feels a deep sense of responsibility for their role and managing what is defined above.
9. Operations Manager
An operations manager is concerned with the management of designing and controlling the process of production and redesigning business operations in the production of goods or services. He is the one responsible for ensuring the smooth and efficient working of businesses in terms of resources and customer requirements,
An operation manager is likely to work in settings like banking systems, hospitals, and companies, working with suppliers, customers, and technology. Operations are one of the major functions in an organization, along with supply chains, marketing, finance, and human resources.
10. IT Managers
An IT manager or Information technology manager is an individual who is responsible for the implementation and maintenance of a company’s technological infrastructure. As businesses are heavily reliant on technology nowadays, an IT manager’s jobs after MBA roles revolve around developing and advising organizations with technological solutions and handling glitches arising in the computer processes.
An IT manager should possess skills like team management, decision-making, communication, strategic thinking, goal-oriented, adaptive, and should be good at negotiating.
Specializations Within MBA Programs
Is MBA worth it? The main reason to pursue an MBA is to teach students how to manage a company in every way possible and train qualified executives who have a global vision for the business. There are several MBA programs with diverse specializations which can help you grasp the hold of your desired field. Here are the top 4 MBA specializations with different salary packages and career opportunities:
MBA in Finance
This degree provides tremendous opportunities in the financial services, banking, and insurance sector. Financial Management focuses on managing, planning, and regulating the financial assets/resources of any industry. After completing MBA in Finance, one can find MBA jobs in abroad in these sectors:
- Asset Management
- Hedge Fund Management
- Corporate Finance
- Corporate Banking
- Private Equity
- Treasury
- Credit Risk Management
- Sales and Trading
MBA in Business Analytics
MBA teaches how to use different analytical tools (like explanatory and predictive modeling, statistical and quantitative analysis, data visualization, etc.) to gather data and analyze market trends, customer behavior, and other matters related to business intelligence. Graduates with this degree can find jobs after MBA in Business Analytics sectors like:
- Financial Institutions
- E-Commerce
- Information Technology
MBA in Human Resource Management
This degree teaches you the right skills on how the best industry practices and knowledge on how to handle human resources in ways that guarantee optimum benefits. Lately, the jobs after MBA of an HR has increased across all parallels of the industry. Hence, Masters in Human Resource Management can find plenty of job opportunities in the:
- IT organizations
- Retail companies
- Advertising firms
- Media houses
- Law firms
- Newspapers
MBA in Marketing
The MBA in Marketing focuses on the management aspect of the business. MBA in Marketing Management focuses on the marketing aspect of a business. The key goal is to teach students about brand marketing, sales, different marketing channels & techniques, executive and leadership management skills, product management, market research, and consumer behavior, to name a few.
After completing an MBA in Marketing Management, one can find a jobs after MBA in the following sectors –
- Competitive Marketing
- Business Marketing
- Online Marketing
- Analytical Marketing
- Customer Relationship Marketing
- Advertising Management
- Product and Brand Management
- Retailing Management
Top-Paying Recruiters for MBA Graduates
Discover the top-paying recruiters eagerly seeking MBA graduates. Explore lucrative opportunities across diverse industries, from finance to technology. Unlock your potential and secure a rewarding career path with these esteemed employers.
MBA Specialisation | Top Paying Recruiters |
MBA in Finance | JP Morgan, Goldman Sachs, Morgan Stanley, and Merrill Lynch are some of the top recruiters who hire candidates who have completed their Masters in Finance degree. |
MBA in Business Analytics | The top organizations that recruit business analytics professionals are Capgemini, Accenture, Boston Consulting Group, Wipro, Amazon, etc. |
MBA in Human Resource Management | Companies like Reliance Industries, Larsen & Toubro, KPMG, Infosys, Aditya Birla Group, PepsiCo are some of the key recruiters for MBA in Human Resource Management graduates. |
MBA in Marketing |
Marketing as a function is required in almost every organization, here are a few prime recruiting companies in India for marketing functions: Accenture, Amazon, Capgemini, Indusind Bank, Ing Vysya Bank, India Infoline, etc.
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Highest Paying Jobs After MBA
In the pursuit of identifying lucrative career paths, exploring the realm of highest paying jobs after MBA becomes imperative. These roles not only signify the culmination of academic prowess but also present tangible manifestations of the investment made in pursuing an MBA degree. Discovering these coveted positions is essential for aspiring professionals seeking to maximize their potential and secure rewarding opportunities in the competitive landscape of jobs after MBA.
Job Role | Salary |
---|---|
Investment Banker | $450,000 per year |
Financial Manager | $300,000 - $400,000 per year |
Chief Technology Officer | $200,000 per year |
Information Technology (IT) Director | $155,000 per year |
Investment Bank Manager | $135,000 per year (average) |
Marketing Manager | $120,000 per year (average) |
High-End Management Consultant | $115,000 per year (average) |
Computer and Information Systems (CIS) Manager | $90,000 per year (average) |
Health Services Manager | $75,000 - $87,000 per year |
MBA Jobs Around the Globe
The world is brimming with opportunities for MBA graduates. With a highly valued degree in hand, you can unlock the doors to prestigious positions in top companies across the globe. Let's explore the landscape of jobs after MBA in different countries. The cost of MBA abroad reaps the MBA ROI.
Jobs after MBA in the USA
The United States is home to some of the world's most renowned corporations and offers a plethora of opportunities for securing jobs after MBA. The diversity in industries, from technology to finance, makes it a goldmine for career growth.
Top sectors seeking MBA Graduates |
Management Consulting |
Investment Banking |
Technology Management |
Entrepreneurship |
Jobs after MBA in the UK
The United Kingdom, with its rich history and modern innovation, offers graduates jobs after MBA with a balanced mix of traditional and new-age landscape.
Top Sectors seeking MBA Graduates |
Financial Services |
Marketing Management |
Business Analytics |
Sustainability and Corporate Responsibility |
Jobs after MBA in Canada
Canada is known for its high standard of living, diversity, and booming industries.
Top Sectors seeking MBA Graduates |
Product Management |
Healthcare Administration |
Supply Chain Management |
Real Estate Management |
Jobs after MBA in Germany
Germany is Europe’s largest economy and offers a wealth of opportunities for MBA graduates looking for MBA jobs in abroad. With its strong business landscape and international connections, Germany has become an attractive destination for those seeking to enhance their careers on a global scale.
Top Sectors seeking MBA Graduates |
Automotive Industry Management |
Industrial Management |
International Business |
Innovation Management |
Jobs after MBA in Australia
With its vibrant economy and high standard of living, Australia is an appealing destination for MBA graduates.
Top Sectors seeking MBA Graduates |
Mining and Resources Management |
Tourism and Hospitality Management |
Agribusiness Management |
Education Management |
Global Job Opportunities after an MBA
The pursuit of an MBA on an international scale not only broadens academic horizons but also unlocks a plethora of global job opportunities. Here are seven pointers elucidating the diverse career paths awaiting MBA graduates on an international platform.
1. International Trade Policy Advisor
Delve into the realm of international trade policy advising, where you'll navigate complex global regulations and facilitate seamless business operations across borders.
2. Global Networking
Harness the power of global networking to establish connections with professionals from diverse cultural backgrounds, enhancing your visibility and credibility as a global management professional.
3. Global Management Consultant
As a global management consultant, contribute to the success of firms venturing into foreign markets by providing strategic insights and optimizing operational efficiency on a global scale.
4. International Trade Specialist
Take on the role of an international trade specialist, coordinating financial activities and ensuring compliance with international regulations to facilitate smooth import-export operations.
5. Business Development Manager
Drive organizational growth as a business development manager, crafting strategic goals, negotiating deals, and spearheading sales and marketing initiatives on an international level.
6. International Sales Manager
Lead international sales teams to meet targets and promote products/services effectively in global markets, while fostering team development and achieving revenue goals.
7. Health Services Manager
Navigate the rapidly growing healthcare industry as a health services manager, balancing business objectives with the delivery of high-quality healthcare services, ensuring optimal patient care and organizational success.
How Can MBA Abroad Help You Bag These Jobs?
Embarking on an MBA program abroad opens up a myriad of opportunities for ambitious professionals seeking to excel in their careers. The global perspective, diverse networks, and specialized knowledge gained from studying abroad can significantly enhance your chances of securing high-paying jobs after MBA in coveted industries. Let's explore how pursuing an MBA abroad can pave the way for you to land lucrative positions in your desired field.
Global Networking
Studying abroad exposes you to a diverse cohort of students and professionals from around the world, expanding your network exponentially. These connections can prove invaluable when seeking employment opportunities in multinational companies or industries with a global presence.
Industry-Relevant Specializations
Many MBA programs abroad offer specialized tracks or concentrations tailored to specific industries or career paths. By selecting a program that aligns with your career goals, you can acquire in-depth knowledge and skills that are directly applicable to the high-paying jobs you aspire to secure.
Internship and Placement Opportunities
MBA programs abroad often provide access to internships and placement opportunities with leading companies in various industries. These hands-on experiences not only enhance your resume but also provide valuable insights into industry trends and practices, making you a more attractive candidate to potential employers.
Cultural Fluency and Adaptability
Living and studying in a foreign country cultivates cultural fluency and adaptability, essential qualities for success in today's globalized business environment. Employers value candidates who can navigate diverse cultural contexts and collaborate effectively with colleagues and clients from different backgrounds.
Brand Value and Reputation
Attending a prestigious business school abroad can significantly enhance your professional credibility and marketability. Employers often prioritize candidates with degrees from reputable institutions known for their academic excellence and industry connections, increasing your chances of securing high-paying jobs after graduation.
Conclusion
Pursuing an MBA degree opens a treasure trove of job opportunities and invariably provides a substantial hike in pay. While one must exercise caution and thoughtfulness in deciding their career path, earning an MBA degree is often a safe and rewarding step for long-term career prospects.
A common thread among MBA graduates is the managerial role they assume across various fields, but it is imperative to conduct thorough research to pinpoint the domain that resonates with one’s passions and skills.