Career Options and Prospects after MBA
Career Options and Prospects after MBA
IntroductionAn MBA degree is a rigorous two year post graduate
program that gives its student a very broad perspective into the
business world. It renders a student very competent and efficient.
This is the main reason why every third person opts for an MBA.
Every company needs a good manager who can efficiently manage the
companys finances and operations. So, MBA graduates are preferred
all over the world. There are various career options for MBA
graduates with good managerial, analytical knowledge, interpersonal
communication, influencing and negotiation skills etc.If you want
to further know about the various career options that are offered
after MBA, then this article is for you.
MarketingMarketing is one of the popular streams in MBA and the
number of students opts for MBA in Marketing its been increasing
every year. Marketing is that process where the company attempts to
make its products or services known to the general public. If a
company is able to market itself well, it will perform well in the
long run. Hence, every company needs marketing.A marketing manager
manages the marketing operations of a firm. He is an important
asset in any company. So this is a very promising and a rewarding
field. The demand for marketing managers will not go down any time
soon. Hence you can tap this opportunity by becoming a marketing
manager after doing MBA-Marketing.
FinanceEvery company needs finance to survive both in the short
run and long run. Hence, every company needs a person who can
efficiently manage the companys finances and direct it towards the
most efficient form of investment. MBA in Finance is one of the
most popular specializations, hence plenty number of aspirants are
looking to make their career in Finance. Every company is looking
for a good financial manager. You must hence tap this opportunity
by trying to become a financial manager. MBA in Finance programs
imparts knowledge about various subjects like Financial Statement
Reporting and Analysis, International Finance, Corporate Valuation,
Taxation and Tax Planning, Investment Management, insurance &
risk management and Management of Financial Services.
Human Resources (HR)For any company, the biggest resources are
its employees who are also termed as human resources.
Employees of a firm need a person whom they can look up to and
derive inspiration. And that person is a human resource
manager.
A human resource manager manages selects the most suitable
employees for the various jobs in a company and manages them in an
attempt to bring the best out of those employees.
Hence, there is a never ending demand for HR managers.
If you want to get into this line, then you will have to
complete MBA with specialization in Human Resource Management.
Financial Advisory ServicesIf you want to be your own boss after
completing an MBA, then you can start a financial
consultancy/advisory practice and become a financial advisor. A
financial advisor provides investment, insurance, tax, retirement
and other finance related guidance to clients. You will need an
MBA-Finance degree to start your own financial advisory
practice.
Management Consultancy/Analysis ServicesEven in this field you
can be your own boss. By starting your own management consultancy
practice you can work as a management consultant and guide
companies into managing their organization more efficiently. A
management consultant gives advice related to finance, personnel or
costs. Though it is not necessary to have an MBA to execute this
job, you will be able to do the job better if you are equipped with
an MBA degree of any specialization of your choice.
Information Systems Management (IT Management)The 21stcentury is
the age of computers. Most of the operations of a company are
carried out with the help of computers. The dependence on computers
has increased manifold in the past decade. Various companies
install sophisticated computer systems in their offices. So an IT
manager is required who can manage these systems efficiently. Due
to heavy dependence on computers, there is a huge demand for IT
managers.As you can see, there are plenty of job opportunities
after doing MBA. So go for it and be ready for the best. All the
best!!!
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