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A Master of Business Administration (MBA) degree opens up a plethora of doors to different satisfactory career chances. Due to their mixture of superior managerial abilities, leadership lessons received and acquisition of commercial awareness, MBA degree holders are usually the most demanded hooks in the job market.
Let’s take a look at some of the high paying jobs after MBA and salary. We also discuss ways through which you can prepare for these well-paying jobs using appropriate degree programs.
Why does doing MBA help get a higher paid job?
The truth is that MBA degrees hold a high potential for more lucrative jobs. As a result, MBA graduates often have different opportunities to choose from, compared to people having other degrees in areas that can earn them a good salary.
Employees with MBA degrees have several skills that they bring into play at work. These skills include high-level decision-making abilities based on strategy formulation procedures used during planning processes, financial analysis skills such as ratio analysis, skills needed for budget preparation, marketing expertise, and more. Some of these capabilities make these employees highly valued by employers who then offer them good pay.
Among the reasons why MBA careers pay very well include:
- High demand for leadership roles — Companies need good leaders who can head different departments within their teams or come up with strategies that will make them grow faster.
- Diverse career paths — An MBA provides professionals avenues to specialize in areas such as finance, marketing, consulting and operations.
- Global opportunities — Many multinational companies require the services of these professionals in their international divisions.
Top high paying jobs after MBA degree
Here’s a list of the top high paying jobs after MBA and salary details for each of them:
#1. Investment Banker
Investment banking has consistently been ranked as one of the highest paying jobs after MBA. These people help businesses raise capital, and manage mergers and acquisitions when necessary — they also offer financial advice.
- Key responsibilities: Modelling financials, structuring deals and assessing risks
- Salary range in India: ₹12- ₹30 lakhs per annum (according to Glassdoor)
#2. Management Consultant
Consulting is the most preferred career choice for MBA graduates because of its high earning potential and an environment full of activities. Consultants are involved in solving complex business problems as well as driving efficiency within organisations.
- Key responsibilities: Analysing business performance, making recommendations about strategies and implementing solutions
- Salary range in India: ₹10- ₹25 lakhs per annum (according to Glassdoor)
#3. Marketing Manager
Marketing is about being creative but also strategic at the same time. An individual having an MBA in Marketing is always in demand due to his/her ability to push forward brand growth through campaigns management.
- Key responsibilities: Strategizing campaign plans, managing brands and carrying out market research
- Salary range in India: ₹8 to ₹20 lakhs per annum (according to Glassdoor)
#4. Product Manager
Product management has become one of the most sought-after positions in technology-based industries. It ranks among those offering high incomes for an individual who possesses an interest in tech as well as innovation.
- Key responsibilities: Developing products, coordinating with other functions and analyzing customer insights
- Salary range in India: ₹15 to ₹35 lakhs per annum (according to Glassdoor)
#5. Finance Manager
The field of finance is known for providing employment opportunities that have high job security while also offering attractive packages to its employees.Among tasks handled by Finance Managers include planning for financial resources required by organizations over certain period as well as risk management strategies besides ensuring compliance with set accounting policies and legal regulations.
- Key responsibilities: Financial planning, risk management and compliance
- Salary range in India: ₹10 to ₹22 lakh per annum (according to Glassdoor)
High salaried jobs after MBA in other industries
Beyond traditional industries such as banking and consultancy, MBA graduates can also find lucrative jobs in:
- Healthcare Management — They supervise all operations at hospitals, including pharmaceutical ones.
- Supply Chain Management — Handling logistics as well as procurement for worldwide firms.
- Technology — Business analysts or data scientists are common positions in technology and these roles attract competitive salaries among individuals holding an MBA.
Choosing the right program through Online Manipal
Aspirants of MBA should select quality programs to land high earners after school in this era where Online Manipal is one of the platforms that provide access to leading universities comprising Manipal University Jaipur (MUJ) and Manipal Academy of Higher Education (MAHE) among others.
Through Online Manipal:
- You will be able to obtain a prestigious online MBA degree that is UGC-recognized and AICTE norms-compliant.
- Also, there are flexible learning options that are appropriate for college graduates and working adults as well.
- 100% placement assistance and exclusive Coursera access guarantee that one will have job-relevant skills in their area of interest by enrolling at Online Manipal.
How to land high paying MBA jobs in India
These tips might improve the odds of securing high paying MBA jobs:
- Specialize in high-demand areas — Choose finance, marketing, or technology specialties here.
- Network aggressively — Attend webinars where possible at alumni events or industry gatherings.
- Consider internships — Gaining practical experience can place you ahead of other candidates who have completed similar MBA courses in academic institutions.
- Be a lifelong learner — Continuously obtain certificates for skill development which may increase your employability chance.
The bottom line
It would be true to say that an MBA qualification is one of the most rewarding globally — from investment banking to product management, the list is endless. If you want to land for yourself high paying jobs after MBA and a salary that would be high, selecting the right program can make a huge difference.
Online Manipal is your exclusive gateway to top-notch universities with comprehensive programs that will prepare you for jobs after your MBA. Online Manipal offers all this — flexibility, affordability as well as relevant skills for your career.
Take advantage of the first step today and visit Online Manipal website where you can explore MBA programs to start on the road to your career dreams.
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