A Degree in MBA or Masters in Business Administration is the path of choice for many aspirants. MBA is a lucrative field for the professionals who wants to work in the management, finance and corporate world. If you have done the MBA degree in general or specialization it offers the best of best career opportunities after the completion of graduation. Aspirants must have a thorough knowledge about the job opportunities available after the completion of MBA degree.
In this article we are discussing about careers to choose after completing MBA and list of highest paying MBA jobs.
Career Options After MBA
Careers After MBA In Sales And Marketing
MBA course in Sales and Marketing opens up job opportunities for aspirants in retail, banking, hospitality, media, etc. After getting an MBA in Sales and Marketing, some of the most common jobs candidates can get are brand management, banking management, media management, FMCG sales, B2B sales, etc. Aspirants can pursue the following job profile after completing MBA in sales and marketing.
- Brand Manager
- Marketing Manager
- Market Research Analyst
- Sales Manager
- Product Manager
- Media Planner
- Internet Marketing Manager
Careers After MBA In HR
After getting an MBA in Human Resources, aspirants can consider joining as an HR executive at a firm in the Manufacturing Sector, BPO/ IT, Corporate sector, Service sector, Education sector, Banking sector, and the like. Jobs assigned to HR includes:
- Recruitment
- Training and Development
- Employee Benefits
- Coordination with Employees
- Payroll Management
- Managing Competition
Careers After MBA In Finance
In this MBA program, students can focus on areas like international finance, taxes, tax planning, investment management, insurance management, and reporting and analyzing financial statements. After completing MBA in this field aspirants can pursue the following job profile.
- Financial Manager/Analyst
- Credit Analyst
- Accounting Manager
- Risk and Insurance Manager
- Treasurer
- Finance Manager
- Cash Manager
Careers After MBA In Logistics And Supply Chain Management
This field play a crucial role across various sectors, including retail, manufacturing, e-commerce, and more. As per the growth of technology this field focus more on business discipline. An MBA in this field will help the aspirants to learn how to increase the efficiency of processes in a cost effective ways. The aspirants will be aware of wide range of topics like strategic management, organizational behavior, custom procedures, application of IT in a supply chain, etc.
After completing MBA in this field aspirants can pursue the following job profile.
- Supply Chain Performance Analyst
- VP of Supply Chain Operations
- Warehouse Operations Manager
- Demand Planning Analyst
- Supply Chain Consultant
- Distribution Center Supervisor
- Logistics and Transportation Analyst
- Purchase Manager
Careers After MBA In Healthcare Management
This filed helps the aspirants to handle many management roles in different medical facilities and will help the aspirants to learn ethics, decision-making, policies, important day-to-day operations, and administrative tasks
Some of the job profiles for MBA healthcare management graduates includes:
- Healthcare IT service
- Health insurance industry
- Pharmaceutical industry
- Medical equipment
- Hospital administration
Careers After MBA In Operations
It is one of the most popular MBA specialization field. Aspirants who took specialization in this field are offered jobs in many fields, such as Manufacturing, e-commerce, IT, and telecommunications.
Aspirants can pursue the following job profiles after completing MBA in this filed
- Supply Chain Manager
- Logistics Manager
- Inventory Control Manager
- Project Managers
- Operations Manager
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Careers After MBA in Retail Management
Retail Management is a growing sector and is constantly adapting to new customer demands. An MBA in retail management will help aspirants to learn about customer relationship management, marketing, and global market competition.
The top job profiles after pursuing MBA in this specialized field are:
- Sales Manager
- Product Executive
- Store Manager
- Brand Manager
- Marketing Executive
Careers After MBA In IT And Systems
After completing MBA in this field aspirants will be eligible to secure a job with a good pay package in any industry.
Aspirants can pursue the following job profiles after completing MBA in this filed
- Project Manager
- Business Development Executive/ Manager
- Product Manager
- Marketing Manager
- Analytics Manager
- System Manager
- Data Processing Manager
- Business Analyst
- IT Manager/Consultant
- Information Systems Managers
- Systems Analysts
Careers After MBA In Business Analytics
Today choosing this career is a rising trend. An MBA in this field opens up job opportunities in various industries, including government, education, finance, and software development. After doing specialization in this field you will have an in-depth knowledge of survey software, apply various data analytics, develop data visualization skills, and more. So, after you pursue an MBA in Business Analytics, you can go for the job designations mentioned below.
- Financial Analyst
- Supply Chain Analyst
- Management Consultant
- Predictive Modeler
- Business Systems Analyst
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Highest Paying MBA Jobs
Management Consultant
Management consultants, also called management analysts, analyze financial information and other data to find the strengths and weaknesses of a company and start strategizing accordingly. They also interview personnel and conduct on-site observations to identify and solve problems they might find.
Major: Business Analytics
Average Yearly Salary: $87,660
Job Growth to 2030: 14%, around double the average
Senior Product Manager
A Senior Product Manager accompany with product strategy and product development to drive business growth and achieve the organization’s goals. Role of a senior products mangers are:
- Drive pricing strategy and manage ACT pricing
- Present products at demos and industry events
- Recommend strategy and policy based on the latest legislation, codes, and trade group agreements
- Work closely with RBMs and the L&D team to ensure tools are implemented correctly
Major: Marketing
Average Yearly Salary: $130,321
Job Growth to 2030: 17%, more than double the average
Human Resource Manager
HR managers serve as a link between a company’s management and its employees. They oversee everything from recruiting to training. They create and implement employee benefits plans. HR managers also act as conflict mediators and direct disciplinary action if necessary.
Major: Corporate Strategy
Average Yearly Salary: $121,220
Job Growth to 2030: 9%, around average
Financial Manager
As a financial manager is one of the highest paying MBA jobs you can get. This precise profession is also one of the hottest and fastest-growing of the lot. Financial managers work in investment firms, corporations, banks, and insurance companies. They are responsible for the financial health of their employer’s organization, so they monitor finances and ensure legal compliance. They prepare and present financial statements, forecasts, and more. They also supervise employees who handle finances and help management make financial decisions to benefit the company.
Major: Finance
Average Yearly Salary: $134,180
Job Growth to 2030: 17%, more than double the average
Marketing Manager
Marketing managers estimate demand, profitable markets, audience interest, and competition for a brand’s products or services. These professionals work with public relations, sales, and even product development personnel to create a marketable product and strategize its publicity.
Major: Marketing
Average Yearly Salary: $142,170
Job Growth to 2030: 10%, slightly above average
Sales Manager
As working as a sales manager in a direct sales team is one of the top paying MBA jobs . Their role is to determine the profitability and set goals to increase the profit. They also helps in resolving customer complaints about service and sales. They help to prepare budgets and stay within the boundary by approving expenditures.
Major: International Business
Average Yearly Salary: $132,290
Job Growth to 2030: 7%, around average
Computer And Information System (CIS) Managers
They are also known as IT managers or IT project managers. They handle any computer-related business activities, help to determine IT goals and implement computer systems and upgrades to meet them. They recommend possible upgrades to management and implement installations, updates, or hardware and software upgrades at the company. They often manage other IT personnel at a company.
Major: Information Technology
Average Yearly Salary: $151,150
Job Growth to 2030: 11%, slightly above average
Chief Technology Officer
They are responsible for the technological needs and concerns of a company. Their primary duty is making decisions that relate to the implementation of technology in the workplace. The role of a CTO includes:
- Determining what technologies can improve the company,
- Selecting new technologies for implementation,
- Devising strategies for tech platforms,
- Hiring staff to oversee and
- Handle technological issues and creating tech-related protocols for members of the company to follow.
The annual salary of a chief executive officer varies depending on a number of factors such as level of education, company size, years of experience and location. The average salary is $200,000 per year.
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Information Technology (IT) Director
The role of an information technology director includes :
- To make sure company’s information technology is effective and secure.
- Developing and implementing the goals of the IT department.
- Analyzing the business and IT requirements for different departments.
- Conducting feasibility studies to determine the best and most reliable use of technical resources.
The annual salary of IT directors is $155,000.
Health Services Manager
A health services manager, also called a health care administrator or health care executive, is responsible for planning, directing, coordinating and directing health and medical services. He may be in charge of an entire facility or specialize in managing a specific department.
The annual pay for a health services manager ranges from $75,000 to $80,000 for new employees and $850,000 to $87,000 for established managers.
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