There are many career options to choose after completion of a Master in Business Administration. The career path you can take will depend on your skills and interests. If anybody is planning to pursue an MBA, they must have done planning for it because planning plays a huge role in any career. There must be a reason for doing an MBA these days. Most people think that it gives the opportunity for promotion in the job. It helps to earn more money.
Nobody pursues a course without a purpose. There may be many reasons for taking up a particular professional course.
Many students prefer MBA to acquire the necessary skills which are essential for a business/ start-up/ entrepreneur. Many experienced professionals join MBA course to make a shift in their career.
MBA gives scope for a good career start, and it adds a brand value to yourself. It gives scope to nurture an innovative outlook. It enhances professional growth as well as personal growth.
Career Option after completion of MBA
MBA in marketing offers you a fast-paced career which is full of responsibilities, challenges, and growth opportunities. It provides excellent job options from fast-moving consumer goods (FMCG), Market Research, Media, Consumer Durables, Non- Durables, Advertising, Sales & Distribution to Service Marketing. Marketing managers are responsible for executing the strategy and implementing it in the right way for the company. They are responsible for assisting the marketing team in market research and also for the launch of marketing campaigns.
Marketing teams are responsible for sales generation and branding. It can lead to paying high packages as Brand Manager, Project Manager, Sales Manager, Category Manager, Marketing Manager, Market Research Analyst, Digital Marketing Manager, and many more.
- Banking & Finance:
This domain includes financial Consultants, Investment Experts, Business Analyst, Finance Manager, and Portfolio Management. Mostly these types of jobs are available with banks, insurance companies, security firms, and various financial organizations. The main objective of the experts has to be to ensure that the capital of the company grows. Employees of the finance domain handle the debt and equity management of the company, and also provide valuable guidance in acquisitions and mergers. Most of the financial organizations require a professional to make the right choices about their investments.
Companies such as J.P. Morgan, Barclays, Goldman Sachs, etc. need employees who can handle credit analysis, corporate treasury, and business operations. In banks, there are many job opportunities for Transaction Banking, Corporate Banking, Cards Management, Commercial Banking, Compliance, Liabilities Product Management, Wholesale Risk, Relationship Management, Credit Risk, and Treasury.
It involves the management, Control, and review about the collection, investment, and resources of money as a capital, and it is concerned with the planning and controlling of financial resources of the industry.
They are responsible for different aspects related to operations management, inventory control, purchase, supply chain, technical operations, and also general operations in the industry. They are responsible for managing overall operations, productivity, quality control, and also for ensuring effective and successful management of labor and safety measures for them. Their responsibilities include planning, organizing, directing labour, and running day-to-day operations. It helps in increasing production and minimizing unnecessary costs to maintain current quality standards.
Their crucial responsibility includes planning, organizing, directing employees, and also to ensure sufficient inventory of products and materials according to the industrial inventory cycles. Inventory Control Manager has the job of conducting daily inventory analysis and also to solve inventory problems. The employee must have good management skills as they play a crucial role in coordinating between the different departments.
- Human Resource:
The role of a human resource manager is challenging and stimulating. Effective communication skill is an essential factor in making unity in the organization. They must have the quality to supervise the employees of the organization whenever there is a need to give direction to the employees.
A manager should have proper planning techniques so that they can work on the development of people working in the organization. They work on several roles in an industry such as Recruitment Strategy and Planning, Training and Development, Record keeping of all personal data, Industrial and Employee Relations, and also performance evaluation of employees.
- Information Technology:
In this domain, people must have a good idea about emerging technology and sustainability and must be efficient to adopt new technologies and developments. They have opportunities to become information systems managers, chief technology officers, and System analysts. IT Manager plays a massive role in identifying risks and opportunities for the business. IT Companies are working in the field of artificial intelligence, cybersecurity, etc. Their primary responsibilities involve management, implementation, and usability of information and computer technologies that support enterprise goals.
Good managers are not, who say how things need to be done, but actually, who can lead it by example.
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