The job market has seen a significant shift in the past few years. Still, one common thing that stays relevant in today's market is a preference for MBA graduates. The value of this post-graduation degree has grown largely due to the enhanced logical thinking and problem-solving skills it cultivates. Naturally, the salary for MBA holders from renowned regular or online distance learning universities in India is proportionate to their qualifications and experience. However, having an MBA can significantly boost your career trajectory. In terms of salary, let's find out in this blog what you can expect in different positions after this degree.
Your salary is highly dependent on the MBA specialisation you chose. Below are some of the jobs that you become eligible for after certain specialisations.
Finance is one of the most sought-after specialisations. Leading to a variety of lucrative career opportunities. For example, as per payscale, a Project Manager (Unspecified Type / General) can earn from ₹685k – ₹3m/ year in India. Let's now understand the different positions you can apply for with your regular or online MBA degree in this specialisation.
Corporate Finance: Roles like Financial Analyst, Financial Manager, or CFO are highly lucrative, with responsibilities including budgeting, financial planning, and managing a company's capital structure.
Corporate Banking: Positions such as Relationship Manager, Credit Analyst, or Corporate Banker are well-paid, focusing on providing financial services to corporations.
Credit Risk Management: Professionals in this field, like Credit Risk Analysts, earn high salaries by assessing and mitigating financial risks.
Asset Management & Hedge Fund Management: Managing investment portfolios or funds can lead to roles such as Portfolio Manager or Hedge Fund Manager, offering some of the highest MBA salaries in India.
Private Equity: Jobs like Private Equity Analyst or Partner are highly rewarding, involving investing in and restructuring private companies for profit.
Sales and Trading: Roles in this field, such as Trader or Investment Banker, offer competitive salaries by dealing with financial instruments like stocks and bonds.
Additionally, there are other specialisation areas, like Marketing, Human Resource Management, and Operations Management, each offering unique challenges and the potential for significant growth. However, to decide which one is right for you, you need to consider expert guidance
Feeling lost in the MBA maze? You are not alone! Choosing the right specialisation and deciding between going for a regular or online MBA degree can feel like a tough nut to crack. But don't worry—we at Education Mitra have got your back! With our one-on-one guiding session and plenty of information on our portal, you will be able to find the perfect fit. Whether you are eyeing finance, marketing, or any other field, simply let us know, and we will help you identify the best opportunities that await you after the different educational pathways you choose. So why wait? Make your smart move, and before enrolling in traditional or online distance learning universities, consider our guidance. We are just a few clicks away!