Masters in Business Administration (MBA) is one of the most sought-after post-graduate courses which can be pursued after any under-graduate program such as B.Com, B.Tech or BBA. An MBA course is available in many streams such as finance, risk, IT, marketing, human resource, project management and many more. This course has an impressive employment record as it is known to offer more than 90% employment to its graduates.
So are you planning to choose MBA as your ultimate career goal? Are you wondering about the kind of job and salary package you will get after your job? Here you will get a brief description of the most preferred courses, their jobs and salary packages after an MBA course:
1. Finance Management
Finance is one such field which opens doors for a lucrative career. A course in financial management gives you a chance to enter different sectors such as banking and financial services, wealth management and many more.
In a company, the job of finance professional is to ensure the availability of funds for completing the business operations successfully. A finance professional must be able to balance the amount of risk and profitability in the business, maximise stock value and take care of day to day finances.
If you are looking for career opportunities in abroad (U.S), then the annual average salary as finance professional will range from $ 48000 to $ 170000 and in India, it will range from INR 4 lakhs to 30 lakhs.
2. Human Resource Management
Human Resource (HR) managers are imperative for every organisation as they manage the biggest asset for an organisation i.e., human resource. It is the task of HR professionals to select the right professionals for the right job, train them and ensure that they are working productively throughout. After a course in HR management, professionals can find jobs in MNCs, educational institutions, organisations, and almost every firm as HR management are pivotal for the success of a business. A degree in HR management allows one to attain different job titles such as HR Generalists, Compensation Manager, Placement Manager, etc. A fresher HR manager can earn between INR 3 to 6 lakhs and with experience, the salary increases.
3. Project Management
An MBA in Project Management is one of the most sought-after courses because the students gain skill-set which is immensely valuable for any business. A course in project management deals with topics such as cost management, time management, risk management, asset management and other aspects that ensure the success of a business. A project management professional can attain job titles such as Project Leader, Project Planner, Engineering Director and many more.
Since it is one of the most desired skills in recent years, it is highly paid, offering an annual salary package of INR 400,000 and above to the fresher and more than INR 2,000,000 to an experienced professional.
The field of management offers a high-flying career to the professionals and the ticket to enter the field in an MBA course. However, a plethora of management aspirants are unable to pursue regular MBA course due to financial difficulty, personal problems, physical constraints or professional hindrance. Such professionals choose to pursue correspondence MBA course. At MIT School of Distance Education, we offer PGDM and PGDBA courses that are equivalent to distance MBA but much better than it as the syllabi are updated to sync with the industrial trends. So, choose MIT-SDE’s courses to enhance your employability skills.