Top Five Careers in MBA Education - CareerAlley

Top Five Careers in MBA Education - CareerAlley We may receive compensation when you click on links to products from our partners. Ascendance of MBA Education and the Career Opportunities it Offers An educational degree in MBA is among the most preferred career options that are chosen by students these days. It offers ample job opportunities and growth in professional career. Over the years, MBA courses have earned the reputation of being sought-after and credible. Most MBAs begin their career with a respectable position and lucrative pay package. Let us observe prospects offered by this revered management field. An Overview The charm of MBA has been growing over the last few years as students are increasingly taking admission to universities and business schools to acquire management degrees. Most of these students and their literacy sponsors are well aware of the fact that this field provides profound professional growth and high returns on investment. Seeking an Appropriate Job after MBA Starting from senior management roles to setting up your own entrepreneurial project, an MBA degree opens many doors of work prospects. There is an array of varied career opportunities that can be explored after completing MBA education in India. MBA offers some of the most desirable job profiles that otherwise would not be up for grabs for non-MBAs. According to the hiring trends, BFSI (or Banking, Financial Services and Insurance) and consultancy are the most popular fields where MBAs choose to work. Getting a decent job after pursuing an MBA degree may not be difficult. However, finding the appropriate job that assigns you a respectable role, suits your requirement, and offers the right pay may be a task. All it needs is in-depth analysis and speculation. There may be various career opportunities after MBA but one needs to sort ones priorities in order to envision ones true calling. The following points will help you in exploring five of the most sought-after job options that can be taken up after MBA. 1. Investment banking One of the most traditional careers after management studies, Investment Banking is definitely among the most preferred and worthwhile calling for MBAs. The job of an investment banker requires you to play is a strenuous role to raise capital and offer suggestions to others regarding acquisitions. It directly requires you to apply your MBA knowledge during real-life situations. Investment bankers are expected to advise their clients about high-level issues related to finance. They supervise the issue of bonds, suggest and execute plans for mergers, acquisitions and initial public offerings. For all these purposes, an educational background in this field is highly recommended. Investment bankers are known to earn fat pay checks. One can study MBA in Finance to pursue a career in investment banking. You can take admission to any of the recognized MBA colleges in India like IIMs, or enroll for certificate or diploma courses in institutes like Indian Institute of Banking and Finance or National School of Banking. 2. Management Consulting An MBA has many roles to play in an organization. He may be hired for problem solving, which is the main duty of a management consultant. After MBA, you can become a consultant who has the flexibility of working as a freelancer or can join a consultancy company. It offers lucrative salary and great respect as a professional. In order to lead the life of a management consultant, one needs to acquire a masters degree in business administration. The MBA courses for this field must cover subjects such as management, finance and accounting, employee relations, business law, statistics, and business strategy. It teaches you advanced ways to evaluate and analyze the success of a company. You can study business administration at various Indian B-schools, such as CBS (Shaheed Sukhdev College of Business Studies) or Amity Business School. 3. Venture Capital It is among the most desirable profiles of the decade and landing a job in the private equity industry is no cakewalk. It is a stimulating task for a professional, even an MBA graduate, to find such a coveted profile. Those with fair investment insight can get into the field and succeed in the area of private equity. It offers a fast-paced entrepreneurial environment with a highly satisfying revenue system. The industry demands you to utilize most of the skills developed during your training at business school. Thus, an in-depth learning during the course of your educational program is vital. This career path can be assumed straight after an MBA degree. One can even take admission to study Venture Capital Development Programme at Indian School of Business. 4. Business Analyst An MBA program forces students to hone their analytical skills while going through case studies and textbooks. The rigorous routine of a business studies exposes you to the business world and practical circumstances that may occur during your tenure. You are then compelled to seek solutions to issues. This way your analytical capabilities and judgment are enhanced. Similarly, as an analyst you have to face real-life circumstances and suggest your clients what is best for them, while assuring them the most positive outcomes. It implicates all the training of MBA which helps you perform better as an analyst. Studying courses in finance, accounting or business administration helps in the overall development of a business analyst. ISBF Indian School of Business Finance offers many respectable management courses. 5. Private Enterprise One can always set up ones own business venture after completing a course in MBA. This business decision is best left to those who are likely to take risks and have a pool of resources along with sufficient funding. With the need for perseverance, an entrepreneur needs to constantly try and reach a favorable outcome through trail-and-error methods. A rising number of students are venturing out to establish their own enterprises after MBA. MBA Institutes There are a number of fine MBA institutes in India. Some of the reputed Top MBA colleges of North India are listed below. Top Ten MBA Institutes of North India 1. IIM-L (Lucknow) 2. MDI (Gurgaon) 3. FMS (New Delhi) 4. IIFT (New Delhi) 5. IMT (Ghaziabad) 6. DMS, IIT Delhi (New Delhi) 7. IMI (New Delhi) 8. DMS, IIT Kanpur (Kanpur) 9. DMS, IIT Roorkee (Roorkee) 10. IMS (Noida) Author bio: Devika Arora is a prolific writer who compiles relevant facts and analyzes the current state of affairs pertaining to the domain of education in India. She is currently writing informative articles, news stories and blog posts on Indian educational institutes and the various courses offered by them. The above post discusses about MBA education in India. This is a Guest post. If you would like to submit a guest post to CareerAlley, please follow these guest post guidelines. Good luck in your search. Joey Trebif //