Career in MBA: (Finance/HR/Marketing) Admission, Scope, Jobs & Salary

Career in MBA Finance, HR, Marketing: Admission, Scope, Jobs & Salary

Hello MBA aspirants! MBA. What is the career in MBA? must be the first thing comes in minds of students who wish to pursue MBA degree program. MBA degree is an exceedingly valued degree designed to develop the skills required for careers in business and management.

Earning an MBA degree allows you to learn how to successfully manage, lead, organize and adapt to a variety of business environment. If you are seeking to launch a progressive career in MBA and also want to nurture an innovative outlook then MBA program is destined for you.

An MBA program provides you the wealth of opportunities as MBA salary and scope are noteworthy.

MBA is a master degree course that provides theoretical and practical knowledge of business functions.

It is a level up from the undergraduate business degree course. Aspirant’s career in MBA is really fascinating. MBA career offers you with lucrative salary package the reason why a student is inclined toward pursuing this course.

To get admission into MBA candidates have to undergo various exam required by the topmost colleges in order to pursue MBA.

Career-wise there is a varied option in MBA. All the specializations in MBA are in constant demand. Be it finance, marketing, HR or IT etc.

It is no doubt the most trending course among the students.

MBA programs include accounting, management, finance, marketing, and business law.

MBA degree is essential to enter certain fields. As we can see there is a remarkable scope of career in MBA finance and career in MBA HR.

Candidates who have completed the graduation course are looking forward to pursuing an MBA degree is curious to know how to make a career in MBA?

Career in MBA? (Masters in Business Administration)

Career in MBA

A career with MBA degree has lots of jobs avenues and varied career opportunities for you.

Comrades MBA is a two-year degree course program after pursuing bachelors in business administration.

I have enlisted a few reasons why you should pursue MBA as a career option

If you want to opt MBA as a career option or career in business consulting and finance career than definitely MBA course is destined for you.

  • Expand your horizons – Candidates if you pursue MBA course you will read the case study of various corporate organization. You will inculcate valuable business lesson from the corporate organization
  • People who are passionate about starting up their business ventures MBA is going to be the best option for them.
  • Our Indian economy requires MBAs students. The startup in India consistently needs skilled and expertise professional to carry operations.
  • Students with MBA degree are entitled to handsome salary packages and got placed to top companies.
  • Bank sector, hospitality industry, top companies recommend MBAs student to carry operations at a high level.
  • It is to be noted that placement record in B-schools IIMs, FMS, IIFT, SPJIMR, MDI, NITIE, NMIMS, JBIMS, IMI, IMT are high. It keeps on increasing it has gone up by 10 to 40%.
  • Candidates you can apply for the high post if you are an MBA. The degree has its value. There are certain posts which specifically require students to have MBA degree as a must requirement.
  • MBA is the gateway to join the super CEO list

MBA course programme imbibes you knowledge regarding business functions and operations.

  • After pursuing MBA degree you will offer with varied jobs and career options. You can even initiate your own startup
  • Having MBA degree definitely gives depth to your resume candidates holding MBA degree are considered first for Job vacancy due to advance knowledge and high qualification.
  • Candidates with MBA degree are selected as high paid managers. If you have scored well in the MBA exam then possibly you have great chances of placement in the top corporate company.
  • MBA programs give you exposures. You can even be invited to the B-schools to impart valuable lessons on management and business.
  • You can even consider a career in academics or lectureship in various B school in your specialized field.
  • Various private banks select MBA experts to carry out their operations.

You must be now well aware of that career of MBA students is bright and has a great scope for growth and promotion.

Some of the general reasons to pursue masters in business management are:

Comrades MBA as a career option is enticing. Jobs after MBA in India are vast.

  • To give a kick start launch to a progressive career
  • MBA as a career option is enticing

The core courses you may opt in the MBA are as follows

Finance, marketing, human resource management, informational technology, tourism, and hotels etc.

  • To foster an innovative outlook
  • Too add brand value to yourself
  • To enhance your personality
  • If you are planning to be an entrepreneur
  • To have the best network

Candidates every organization required qualified personnel to carry out the task efficiently and in a productive manner. Various company conduct placements in B school and select the eligible candidates for the desired post.

Candidates, now you are well acquainted with the benefits MBA has to offer. You can now able to weight the benefits versus the cost of pursuing MBA.

Current Scenario of MBA in India

Pursuing MBA degree equips you with relevant industrial and corporate skills enhance your capacity and drive an entrepreneur in you.

There is no doubt in saying that career in MBA has great scope for the youth.

It is to be highlighted that the economic scenario has undergone key changes. Reportedly the bank sector has come up with the ambitious hiring plans for both officers and administrative staff.

The postgraduate diploma course is offered in the management and business schools. The duration of the course is usually 2 years.

A career in MBA finance is considered one of the most trending and in huge demand. The demand for such professionals is inevitable in almost every organization.

There are approximately 1600 B-Schools in India.

Aspirants let us have a look at the entrance exam conducted for admission into MBA.

In order to get admission in top B-schools or institutes, you must secure sufficient exam in the entrance exam.

Entrance Exams For Admission in MBA

Conducted By Name of Entrance Exam
Punjab Technical University Punjab Technical University Entrance Test for MBA/MCA PAMCAT & MET
Symbiosis University SNAP (for Management Institutes under the Symbiosis University – SCMHRD, SIBM Pune, SIBM Bangalore, SIIB, SIOM, SCIT, SITM, SIMC, SSBM)
TISS (Tata Institute of Social Sciences, Mumbai) Tata Institute of Social Sciences MBA Entrance Exam (Social Management/Entrepreneurship)
Faculty Of Management Studies (FMS), University of Delhi Faculty of Management Studies (FMS), University of Delhi MBA Entrance Test
All India Management Association (AIMA) Management Aptitude Test (MAT)
ATMA AIMS Test For Management Admissions (ATMA)
State of Andhra Pradesh Integrated Common Entrance Test (ICET)
Indian Institute of Foreign Trade (IIFT) Indian Institute of Foreign Trade (IIFT) MBA Entrance Exam
Aligarh Muslim University Aligarh Muslim University AMU MBA Entrance Exam
Birla Institute of Management Technology BIMTECH – Birla Institute of Management Technology MBA Entrance Exam
Asia Pacific Institute of Management Asia Pacific Institute of Management MBA Entrance Test
Bharati Vidyapeeth University Bharati Vidyapeeth University MBA Entrance Exam Pune All India Entrance Test Admission to Management Courses
AIMT – Army Institute of Management & Technology AIMT MBA Entrance Test AIMT – Army Institute of Management & Technology MBA Entrance Exam
BIM – Bharathidasan Institute of Management (BIM) BIM – Bharathidasan Institute of Management (BIM) MBA Entrance Exam.
CMAT – Calibre Management Aptitude Test CMAT – Calibre Management Aptitude Test CMAT MBA Entrance Test
EMAT EMAT – Electronic Management Aptitude Test EMAT MBA Entrance Test
EMPI – Entrepreneurship & Management Process International Business EMPI MBA Entrance Exam
FORE School of Management FSM Entrance – FORE School of Management FSM MBA Entrance Test
HP CMAT HP CMAT – Himachal Pradesh Combined Management Aptitude Test HP CMAT
GIM – Goa Institute of Management GIM MBA Entrance Test
Indira Gandhi National Open University IGNOU OPENMAT – Indira Gandhi National Open University OPEN Management Admission Test IGNOU OPENMAT MBA Entrance Exam
ICFAI Business School IBSAT – ICFAI Business School Aptitude Test IBSAT MBA Entrance Exam
International Management Institute IMI PGDM – International Management Institute IMI MBA Entrance Exam
GMAT GMAT – Graduate Management Admission Test GMAT Exam
Indian School of Mines University ISMU MBA – Indian School of Mines University ISMU MBA Entrance Exam
Institute of Petroleum Management IPMG – Institute of Petroleum Management IPMG MBA Entrance Exam
Indian Institute of Banking & Finance IIBF – Indian Institute of Banking & Finance IIBF Exam
IMDR – Institute of Management Development and Research IMDR – Institute of Management Development and Research IMDR MBA Entrance Examination
IIT Delhi Department of Management Studies IIT Delhi MBA Entrance Exam
IISWBM – Indian Institute of Social Welfare & Business Management IISWBM – Indian Institute of Social Welfare & Business Management IISWBM MBA Entrance Test
IRMA – Institute of Rural Management Anand IRMA MBA Entrance Test
IIIT – Indian Institute of Information Technology IIIT – Indian Institute of Information Technology IIIT MBA Entrance Exam
JMET Joint Management Entrance Test JMET MBA Entrance Test
JEMAT Joint Entrance Management Aptitude Test JEMAT MBA Entrance Exam
JBIMS – Jamnalal Bajaj Institute of Management Studies JBIMS – JBIMS MBA Entrance Test
JIMS – Jagannath International Management School JIMS – JIMS MBA Entrance Exam
KIAMS – Kirloskar Institute of Advanced Management Studies KIAMS – KIAMS MBA Entrance Test
Karunya School of Management Karunya School of Management MBA Entrance Test
SIMSR PGDM – KJ Somaiya Institute of Management Studies Research SIMSR PGDM – SIMSR PGDM Entrance Exam
Lal Bahadur Shastri Institute of Management LBSIM LBSIM – LBSIM MBA Entrance
KIITEE Management Entrance Examination KIITEE MBA Entrance Examination.
MAH CET MAH CET
MBA/PGDBM/MMS/PGDBA Admission Test MDI – Management Development Institute Gurgaon
MDI – MDI Admission MDI Entrance Exam MBS – Mumbai Business School
MBS – MBS Mumbai MBA Entrance Test NDIM – New Delhi Institute of Management
NDIM – NDIM MBA Entrance Exam NIBM – National Institute of Bank Management
NIBM – NIBM Exam Pune NITIE National Institute of Industrial Engineering
NITIE – NITIE MBA Entrance Exam NUIM – Nirma University Institute of Management
NUIM – NUIM MBA Entrance Exam PIMR – Prestige Institute of Management and Research
PIMR – PIMR MBA Entrance Test
NMAT – Narsee Monjee Institute of Management Studies NMAT – NMAT MBA Entrance Exam
State of Rajasthan RMAT – Rajasthan Management Aptitude Test RMAT MBA Entrance Exam
UBS Panjab University – University Business School UBS Panjab University – University Business School MBA Entrance Test
SDM Institute for Management Development (SDM) SDM – (SDM) MBA Entrance Exam
Skyline Business School Skyline Business School MBA Entrance Test
TAPMI – T.A. Pai Management Institute TAPMI – Entrance Exam TAPMI MBA Entrance Exam
State of Tamil Nadu TANCET – Tamil Nadu Common Entrance Test Exam (M.Tech, MCA, and MBA) TANCET Entrance Exam
VIT University VIT MBA Entrance Exam – VIT University
SPJIMR – S P Jain Institute of Management & Research SPJIMR – SPJIMR MBA Entrance Test
State of Uttar Pradesh UPMCAT – Uttar Pradesh Management Common Aptitude Test UPMCAT MBA Entrance Exam
XLRI XAT – XLRI Jamshedpur School of Management XLRI – XAT XLRI XAT Entrance Exam
XIMB – Xavier Institute of Management XIMB – Xavier Institute of Management XIMB MBA Entrance Test
MAH CET for MICAT – Mudra Institute of Communications Ahmedabad MAH CET – Maharashtra Common Entrance Test for MICAT – Mudra Institute of Communications Ahmedabad Entrance Test MICAT Entrance Test

The list of all MBA specialization courses are as follows:

How to choose a career in MBA? Below mentioned are the specialization in which you can pursue your respective career as per your aptitude and chosen field.

  • Aeronautical
  • Agribusiness
  • Agricultural
  • Analytics
  • Animation and Design
  • Architecture
  • Arts
  • Audiology and Speech
  • Automobile
  • Banking
  • Business Administration
  • Ceramic
  • Chemical
  • Civil
  • Commerce
  • Computer Science
  • Construction
  • Dentistry
  • E-Business
  • Education
  • Electrical
  • Electronics
  • Energy and Environment
  • Entrepreneurship
  • Family Business
  • Fashion
  • Finance
  • Finance and Accounts
  • Food
  • Forest
  • Formal Sciences
  • Foundry
  • General Science
  • Geotechnical
  • Health Care Management and Hospital Administration
  • Hospitality and Tourism
  • Hospitality
  • Human Resource Management
  • Information Technology and Management
  • Infrastructure
  • Instrumentation
  • Insurance
  • International Business
  • Journalism
  • Law
  • Life Sciences
  • Literature
  • Logistics and Supply Chain
  • Manufacturing
  • Marine
  • Marketing
  • Mechanical
  • Media and Communication
  • Medicine and Surgery
  • Metallurgy
  • Mining
  • Nanotechnology
  • Nursing Science
  • Occupational Therapy
  • Oil and Gas
  • online courses
  • Operation
  • Organizational Behavior
  • Petroleum
  • Pharmacy
  • Philosophy
  • Physical Sciences
  • Planning
  • Polymer
  • Power Printing
  • Product
  • Production
  • Public Enterprise
  • Retail
  • Rural
  • Sales
  • Social Sciences
  • Strategic
  • Technology or Systems
  • Telecom
  • Textile
  • Thermal

Top MBA Colleges List

Top Colleges Offering Admission into MBA are as follow

The top colleges or universities in India, offering MBA programme are as following:

Jobs After MBA

MBA aspirants must be pondering what is the career in MBA? Right, to break the ice we are here to brief you with every detail regarding the career in MBA.

Candidates, there is remarkable great scope in the field of pursuing MBA degree program. It is to be suggested you must go to the top management institute.

Pursuing MBA from a renowned university does make a difference. Management is pervasive and required at every level. After completing your masters in business administration you will have plenty of opportunities to start your career.

Given below are the job profiles under MBA

The topmost concern of MBA aspirants is jobs and salary after MBA isn’t?

It is aptly true today a reader, tomorrow a leader. This quote is highly applicable to qualified MBA personnel’s who dream of having a lovable career in MBA.

No need to specify the company who recruit MBA personnel. All the sector including government, private, and public require MBA qualified personnel

Let’s have a look below at the jobs after MBA

  • Brand manager
  • Account manager
  • International business manager
  • Marketing executive
  • Business technical consultant
  • Business development consultant
  • Management consultant
  • Marketing manager

Let us now different types of jobs after pursuing the masters in business administration

The topmost concern of every MBA aspirants is jobs after MBA in India? To quench the curiosity I have unveiled types of job avenues at your discretion after pursuing an MBA degree program.

  • Banking and finance

This involves security and investment analysis and portfolio investment.

Banks, securities firm, an Insurance company needs a professional expert to handle investment jobs. Therefore, MBA is the right preference in banking and financing sector too.

Coming up to the next

  • Information system management

MBA candidates are required for this job as they have up to date knowledge.

MBA professional can assist in thorough cost analysis for the right technology.

  • Investment banking

Treasury securities and investment management need qualified MBA personnel.

The job demand is high in this profile.

  • Entrepreneurship

Talking about entrepreneurship MBA gives you an opportunity to be an entrepreneur.

If you have plans to initiate a start-up then your MBA degree is required to implement the plan.

  • Data analytics

Aspirants with the tremendous digital revolution. Major companies like data analytics, fractal analytics hire MBA personnel as a data analyst or data scientist.

  • Private equity

Companies that recruit in private equity sectors are the following

Religare, Magma Fincorp, DE Shaw, India Bulls Housing Finance, Kotak Life, Angel Broking, ICICI Prudential Asset Management, Bajaj Finserv, Kotak Wealth Management, JPMorgan Chase, Axis Securities, Fidelity Investments, and Fullerton etc.

Salary Packages of MBA

Talking about the pay packages candidates are offered with enticing salary packages in the big corporate firms and industries.

Candidates with MBA degrees are no doubt entitled to handsome salary packages.

It is to be noted that the management sector is the highest paying sector.

Your initial package will be 2 to 3 lakh and is subject to increment isn’t it amazing candidates?

You can reach up in the career ladder as per the experience and performance.

Please check the below table to gain insight into the Jobs and salary packages after MBA.

B-School Average Salary in 2016 (INR) Top Recruiting Areas
IIM INDORE 15.67 lakh per annum Finance, Marketing & Sales
IIM SHILLONG 14 lakh per annum Consulting, IT/ Analytics
IIM RANCHI 15.14 lakh per annum Marketing & Sales
IIM TRICHY 13.01 lakh per annum Marketing
IIM UDAIPUR 12.91 lakh per annum Marketing & Sales
IIM RAIPUR 12.51 lakh per annum Marketing & Sales
IIFT, DELHI 18.01 lakh per annum  Marketing, Sales
FMS, DELHI 20.5 lakh per annum Consulting, General Management
XLRI JAMSHEDPUR 18.5 lakh per annum Finance
NMIMS MUMBAI 17.09 lakh per annum BFSI
JBIMS MUMBAI 18.13 lakh per annum BFSI

What are the flaws? What needs to be set right?

There are some inherent flaws in the educational system in top B-school which can’t be overlooked.

Mere top brand when it comes to pursuing masters in business degree course from top business school won’t assure you of imparting the right knowledge.

In various top B-schools, it is found that lack of imparting a correct way of knowledge.

Knowledge is best imparted both theoretical and practical.

These top management institutes must focus on the real-life-based case study of corporate firms to make the student familiar with works ethics and actual tasks.

There must be sound placement consultation which offers the best placement in order to recover the cost student has incurred on the education.

The hiring of a professional professor who will able to impart true business world scenario along with practical knowledge is the must.

Otherwise relying on bookish knowledge and appearing for the exam is a sheer wastage of time.

Your aim of pursuing a degree of master in business administration must be broader in which you imbibe all the necessary learning.

Candidates there are pros and cons of everything. Likewise in MBA, there are some detected flaws we are going to discuss

  • Lack of industry exposure
  • Lack of good faculty
  • Poor infrastructure
  • Placement
  • Outdated syllabus
  • Focus on rote learning rather than understanding the concepts
  • Poor knowledge of industry etiquettes
  • High fees structure everyone cannot afford
  • Top management institutes must provide candidates with soft skills training and personality enhance training in which they are transformed as finer corporate individuals.

Soft skills are must in the hospitality industry. If you are well acquainted with such skills you will easily get the qualified high paid jobs.

  • Various other issues

Talking about the flaws faculty crunch issue is faced among various top colleges of MBA

  • Physical relevance and industrial exposure are lacking in institutes.

The most significant part of the business is practical exposure to industry scenarios.

MBA as a Career – Student’s Expectations, Reality & Other Issues

One of the major issues is candidates pursuing MBA are having unrealistic expectation. A student doing masters in marketing expect to be recruited as a top marketing manager.

The reality is he has to start his job from basics and learn the practical aspects and move to the higher grade.

Candidates if you are planning to pursue MBA. You must have a long-term objective.

It is to keep in mind that possessing a master’s degree is not a passport to be appointed as top manager. You need to learn the skills, channelize your education in a productive way then on the basis of experience and expertise you can enjoy the benefits. You may even be considered as team leader based on your learning and experience.

MBA Entrance Exams Dates

Candidates if you wish to seek admission into top B-schools then you must have to qualify the entrance exam through which are selected and get admission.

Below is the list for your reference. Have a look

S.No. Exam Name Application Starts Exam Date
1. CAT 2nd week of August 4th week of November
2. XAT 3rd week of August 1st week of January
3. IIFT 1st week of August 1st week of December
4. SNAP 2nd week of August 3rd week of December
5. NMAT by GMAC 1st week of July 1st week of October – 3rd week of December
6. CMAT 3rd week of October 4th week of January
7. IBSAT 1st week of July 4th week of December
8. IRMASAT 2nd week of October 1st week of February
9. MICAT 4th week of September 3rd week of December
10. MAH CET MBA/MMS 3rd week of January 2nd week of March
11. MAT February + May + September + December
12. ATMA January + February + May + June + August

If you are MBA aspirants planning to seek admission in the renowned business school or management institute then you have to pass the MBA entrance exam

Talking about entrance exam how can we forget CAT?. CAT stands for common admission test. It is regarded as most sought after the entrance exam for getting admission into postgraduate management programme.

MBA as a Career – What should you do?

Candidates if you are pursuing the master’s degree you must learn all the concepts and business approach in a significant manner.

A career in MBA is challenging as well as rewarding. How to choose a career in MBA solely depends on your area of interest, aptitude, and passion.

The career in MBA opens up a pool of opportunities be it academics, bank sector, corporate sector, entrepreneur or MNCs.

MBA aspirants can opt for the desired area of interest as per the specialization in which they have undergone an MBA degree program.

If you are willing to pursue a successful career in MBA then you must participate in your college placement to grab the job in a company who offers high salary packages.

Academic and qualification are very important. Apart from this, you should focus on projects, workshops, seminars, management conference and the industrial visit to gain insight into the real business world. Theoretical knowledge combined with practical knowledge is must if you want to start a progressive career.

Attending management conferences and working on projects enhance your learning. You get familiar with the real business world.

Explore the career opportunities which are in front of you and strive on diligently to secure a desired career in MBA. Remember success is no accident; it is hardworking, studying, perseverance learning and most of all love what you are doing or learning to do!

Return on Investment on an MBA – Is it worthwhile?

Candidates as we know the amount/investment required to pursue these high-level degree courses are incredibly high.

Your expectation must be high when it comes to return on investment? Right, most of the candidates are not satisfied after the packages they receive pursuing a master’s degree in business administration.

What management institute and B-schools need to is hire the best placement consultation, provides a student with soft skills training, training on the job as an intern where he learns all skills required performing the job.

Well, systematic learning and proper guidance are most needed.

Pursuing MBA alone is not enough. There are combinations of things that enhance your personality.

Candidates it’s a high time to realize that pursuing MBA alone does not guarantee with high profile jobs or high paying jobs.

You need to learn, practice and channelize your caliber to reach the top.

Pursuing MBA is the gaining the required knowledge and qualification and to apply that knowledge into practical experience.

Students who invest in MBA course are required to be flexible and adaptable to accept the entry-level roles in a challenging way and work hard to move up in a ladder of career gradually.

If you channelize your potential in a best possible way there are high chances of promotion.

With every industrial exposure and experience, you will get finer in your profession.

There is no easy short way to success. You have to earn it with knowledge and expertise.

You must not lose patience initially when you are offered with low salary packages. This is your starting phase in the practical worlds you will be getting numerous wonderful opportunities if you adapt yourself and act flexibly.

Do not be rigid while in terms of salary. Growth and promotion follow hard work and perseverance.

When you consistently learn and become more professional you will be entitled to growth and promotion.

Conclusion – MBA as a Career

Pursuing MBA will give you the wealth of opportunity to know your potential, skills, gain management skills and team leadership skills.

It is no doubt in saying that a career in MBA is fascinating.

You cannot purely rely on the master’s degree solely instead you must exploit your caliber to the fullest and learn all the necessary skills to perform the managerial task well.

One of the key suggestion if you wish to pursue MBA you must qualify the qualify entrance exam to get admission into various top managerial prestigious institutes which have both brand name and right approach of imparting the course.

One of the big reason candidates go for MBA course is to have a valuable network. There are numerous advantages to pursuing an MBA degree course.

If you wish to join a specific industry or specific post the MBA is best suggested. There are major job opportunities for MBA graduate.

Some qualified MBA personnel’s are now well-renowned entrepreneurs who are leading their business strongly.

Candidates who want to give a great boost their career can go for MBA course. Also, there is a marginal pay rise in the packages of MBA qualified personnel.

Candidates got placed after selection in the MBA placement in top corporate firms enjoys various other facilities to their employee.

Candidates incurring hefty investment are not waste of time or money if your goals are long term.

Coming to conclusion MBA is indeed a trending course pursued by lakh of students who got placed to prestigious corporate firms.

MBA gives an opportunity to fresh talented individuals a career boost.

Some of the MBA aspirants are running successfully their start-ups/ventures with modern business approach and creativity and innovation after pursuing master’s degree in business administration.

Career-wise there are numerous options that an individual can decide to work in after pursuing MBA.

I hope you had a great time reading the above-detailed study on a career in MBA. If you like the content share it among fellow folks and communities. Sharing is a great deed.

I hope you are now well known about how MBA helps in career growth. MBA being versatile and high valued degree will help you secure a successful career in MBA.

MBA as a career is enticing and is the most trending course among the promising youth who are capable and talented.

If you have decided to be a successful entrepreneur or get a dream job in a specialized field you must go on with MBA preparation head-on.

If by mistake I have skipped anything of utmost importance you can ping us through the comment sectioned below.

All your suggestion and feedback on this post helps us to improvise for the better. Your suggestion and views are cordially invited.

Thank for reading! Warm wishes.

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