What after MBA?
What Comes Next: According to AICTE statistics for 2022–23, India has around 3,133 MBA institutes with 420236 seats available. Numerous graduates attempt a variety of entrance exams in an effort to get admission to prestigious BSchools for their MBA programmes since the MBA is seen as a passport to a successful corporate career. What to do after an MBA is, nonetheless, a crucial topic that arises. After an MBA, management graduates have a wide range of alternatives. Whether it’s a job, a course of study, or even entrepreneurship, the possibilities are excellent. The question of what to do after an MBA is briefly examined in this article along with a number of potential answers.
What follows an MBA?
The MBA alumnus is most qualified to decide the answer to this. After an MBA, there are numerous and different options. Candidates have a variety of alternatives after earning an MBA, including jobs and courses. Jobs can be of several kinds, including private or public, conventional or unusual. Courses for the MBA degree might be research-based or offer value.
What follows an MBA? options to consider
As previously said, MBA graduates have a wide range of career options. The options are numerous and endless, ranging from education and social work to specialized fields like data analysis and health management.
What career options are available following an MBA?
The many employment prospects available following an MBA may be generally divided into two categories: conventional and unconventional. The conventional ones typically entail specialities and management, whereas the unconventional ones feature employment prospects that are in no way tied to conventional jobs.
Unconventional Jobs to Consider After an MBA
Having an MBA does not require one to choose traditional managerial positions. There are several possibilities, and one might choose to work for the government after earning an MBA or continue their education by enrolling in reputable courses. Among the several choices open to pupils are
Civil Services: To join the Indian Administrative Service (IAS) or other affiliated services, one may decide to sit for the civil services test. This enables one to use their managerial abilities to benefit the government while doing so.
Defense Services: If one is patriotic, one should consider joining the defense services. One of the most honorable careers is serving one’s nation, and those jobs also have significant benefits.
Research: If one is motivated to explore deeply into new developments, modifications, or improvements to current processes, research may be an area where one may apply their MBA talents after graduation.
Social Service: One choice for people who have a desire to help the less fortunate is social service. To take this route, one might join an NGO.
One of the nobler occupations, teaching is a choice following an MBA that enables one to mentor numerous management graduates on their successful career paths in addition to teaching management.
Design: In addition to Product Management being a well-liked concentration, a rising number of MBA graduates are choosing careers in design.
Entrepreneurship: If a person has the desire to work for themselves and launch a business, this is the career route for them. In recent years, many MBA graduates have taken this road in an effort to succeed. The course is challenging and difficult to follow, though.
Many additional possibilities, in addition to the conventional ones, are now accessible with the advent of digitization. Other areas to consider include social media, event planning, and advertising.
How much does an MBA graduate make?
The compensation after an MBA is one of the most popular search subjects. Many students want to look into the compensation they may expect following an MBA. The institute, the area of concentration, and the skills of the MBA graduate are all constant determinants of compensation.
leading employers after an MBA
Recruiters such as Accenture Strategy, McKinsey & Company, Deloitte, Goldman Sachs, HSBC, RUL, Asian Paints, Dabur, ITC, Colgate Palmolive, Nestle, P&G, Reckitt, Citibank, Samsung Electronics, Myntra, Wipro, Tata Administrative Services, Mahindra Group, Amazon, Flipkart, and Nykaa, as well as Angel Broking, Capgemini, American Express,
The benefits depend on the job, industry, location, and more. Other factors that may affect job offers following an MBA include internships, extracurricular activities, etc.
What courses are offered following an MBA?
Higher education is one of the possibilities available following an MBA. The doctorate in management or fellow programmes are available to students. These programmes are offered by the majority of IIMs and other top BSchools. These more specialized courses provide a student a distinct advantage. These programmes, however, are only open to individuals who are committed to pursue them. After finishing these courses, the majority of students go on to pursue academic careers as teachers or professors at business schools.
There are also several certification programmes that can benefit and enhance the MBA degree. The candidate’s interest in a particular field of expertise affects the courses they choose. For the opportunity to enter the field of digital marketing, students who are interested in marketing may choose to pursue a certificate programme in the subject. There are certificate programmes in management offered in the majority of popular and key specialities. Both short-term and long-term course options are offered by several providers.
It is advisable that applicants visit recruiting websites to learn more about the numerous career prospects open to MBA graduates. If one is seeking for work after earning an MBA, this is an excellent tactic. Before choosing a course following an MBA, a clear strategy must be established and all relevant criteria must be taken into account.
Sectors & Areas for Jobs after an MBA
- Financial Services
- Banking, and Insurance (BFSI)
- Conglomerates
- Consulting
- Purchased Goods (FMCG)
- Client Services
- Science and technology
- E-Commerce
- Information technology in education (IT)
- Logistics
- Manufacturing/Engineering/Energy
- Media/Communications
- Web-based Services
- Other (Educational Technology
- Others (Enterprise Tech) (Enterprise Tech)
- Others (Hospitality & Technology) (Hospitality & Technology)
- Healthcare/Pharmaceuticals
- Real Estate
- Telecom