What are the Career Prospects After an Online MBA Degree
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- jaro education
- 30, November 2024
- 3:00 pm
How an online MBA could transform your career path? In today’s fast-paced business world, the pursuit of higher education has become not just a choice but a necessity for those looking to climb the corporate ladder. However, despite opportunities like time and money, there are still a few questions that carry around: Is an online MBA the right choice? What is the career after MBA? Will I get a job after earning an online MBA degree? To answer all your questions, we’ve compiled everything you need!Â
Get ready to explore the exciting career opportunities that await you after an MBA. We’ll not only highlight these thriving paths but also guide you on the journey to achieving the career of your dreams. Let’s get started.
What Do You Understand From an Online MBA Course?
It goes without saying that the education industry has seen a paradigm shift where online education is gaining tremendous attention. Let us tell you that the demand for an online MBA is at the top of the list. Online MBA is a postgraduate programme developed for individuals who want to have managerial or leadership roles in the organisational setup. The course duration is 1.5-2 years. Students studying online MBAs get vast experience in business concepts, leadership skills, and critical thinking that helps them to solve business problems.Â
In fact, an online MBA brings a pool of benefits, especially for working professionals. Not only are they flexible and affordable, but they also significantly enhance one’s career after MBA by providing the necessary skills and knowledge to advance in their respective fields. This degree opens doors to various opportunities, making it a valuable investment for anyone looking to elevate their professional journey.
*universitieswithoutborders.com
How Online MBA Programmes Are Revolutionising Business Education
A few years ago, who could have imagined earning an MBA right from the comfort of their home or workplace? Today, pursuing an online MBA has not only become common but is also flourishing! Each year, we see a tremendous rise in the number of ambitious individuals choosing this path. The given below graph shows a transformative shift in demand for job growth for a career after MBA based on different industries.
*mbacrystalball.com
Additionally, top-ranked global institutions, such as Manipal University, have genuinely accepted this change and are offering comprehensive online MBA programmes. These programmes not only prepare students for managerial roles but also significantly enhance their careers after MBA by equipping them with essential skills and knowledge. Furthermore, the Indian government is also supporting this initiative by working to provide the best digital infrastructure and improving access to online education, making it easier for individuals to pursue their professional goals.
Topmost Organisations to Apply After Completing an Online MBA Programme
Is an online MBA worth it? Is this question on your mind? Let’s break this for you. An MBA has become one of the most sought-after programmes, not only in India but globally. Those days are gone when every 5 out of 7 people were found as engineers. Now, more people are in the management sector, and the reasons are not only their demand but also the fact that big companies are coming forward to recruit MBA graduates. Some of the top companies where one can think to build a career after an MBA are:Â
| Company | Industry |
|---|---|
| Infosys | Information Technology |
| Amazon | E-Commerce |
| Tata Group | Conglomerate |
| HCL Technologies | Information Technology |
| Accenture | Consulting |
These companies are appreciating and hiring online MBA graduates’ skills and knowledge, including strategic thinking, leadership abilities, and a commitment to professional development.
Top 10 Career Aspects After Completing an Online MBA Programme
Project Manager
If you’re someone who ideally fits with organising and communicating, opportunities after an MBA to become a project manager could be your perfect match! Project managers play an important role in the smooth execution of projects by directing the company’s mission and solving complex team challenges throughout the project cycle. In fact, when applying for project management positions, you will find ample opportunities to demonstrate how you have initiated, planned, and executed projects, significantly impacting your career after MBA.
Business Analyst
One of the most popular opportunities after an MBA is becoming a business analysis professional. A business analyst is responsible for evaluating business processes, anticipating requirements, identifying areas for improvement, and implementing corresponding solutions. To achieve this, it’s important to stay updated with the latest processes and to automate or modernise systems. Requirement analysis, documentation, and communication of results also fall within the scope of this role, all of which can greatly enhance your career after MBA.
Management Consultant
Management consultants help firms diagnose problems, devise strategies, and improve performance in general. A career after MBA can include specialising in consulting through an online MBA, allowing you to become a valuable source of advice for numerous organisations. Consultants usually command very high remuneration; they are either paid per hour or project. This is due to the fact that many consulting firms like Accenture and Deloitte offer competitive salaries to their consultants.
Marketing Director
The purpose of the Marketing Director position is to actively promote products or services by developing strategies aimed at the target audience. Acquiring an online MBA degree can help you develop the crucial skills and expertise needed for effective marketing and career advancement. Marketing directors tend to be highly compensated, especially in higher-level positions where they have a significant influence on business and brand growth.
Brand Manager
Today, marketing is one of the most demanding sectors, and when discussing a career after MBA, the position of brand manager is considered one of the most sought-after roles. A brand manager is responsible for supervising a brand’s overall marketing strategy, including the development and implementation of strategies for new product launches or promotions. They are also tasked with examining vast amounts of data that help them make informed decisions and ensure they are related to brand success.
Investment Banker
Would you believe if we say that the average salary of a junior investment banker typically ranges from 800,000 to 2,500,000 per year? Well yes, that’s not enough, according to research, some companies also offer potential bonuses. Isn’t it fascinating? Yes, it is. An investment banker mainly plays a major part in financial transactions, such as mergers, IPOs, and corporate finance. They work in financial institutions and are responsible for providing advisory services to clients, significantly impacting their career after MBA.
Operation Manager
Operation managers are responsible for improving the functionalities and operations in the field of business and government institutions. These leaders with appropriate skills offer operational backing to multiple areas that include finance, IT, human resources, and accounts payable. Their functions include overseeing, employing, and training employees, quality assurance programme management, and strategic development for enhancing existing processes. Employment opportunities for operational managers are widely available in organisations irrespective of the size or type of industry they operate in, making it a valuable option for advancing your career after MBA.
Data Scientist
Nowadays, the role of data science is making waves. If you want to enter this field, a career after MBA can be significantly enhanced by an online MBA programme, making you eligible for prospective employers. You get a chance to work on data, draw business insights, create predictive models for business with the help of statistics and programming abilities, and much more. Your work will impact the company’s revenues.
Marketing Consultant
Marketing consultants help directly establish plans and approaches to market the company’s products and services. The online MBA in Marketing, on the other hand, allows you to enhance concepts vital to the development of effective campaigns. Marketing consultants have a better opportunity and potential for vertical movement within the organisation with adequate financial rewards.
Entrepreneur/Business Owner
After having an online MBA degree, those who are very passionate about starting their own venture can embark on a successful career after MBA. The global perspectives and management skills they gained during their MBA programme are significant assets that can help them navigate the challenges of entrepreneurship.
Industry-Focused Career Paths After an Online MBA
While we have mentioned general career after MBA options above, let us tell you that there are open doors to other opportunities as well that you might miss out on. Given below are some of the industry-specific career path that awaits after an online MBA:Â
| Industry | Career Tracks |
|---|---|
| Healthcare Management | -Hospital Administrator -Healthcare Consultant -Clinical Operations Manager |
| Fintech | -Fintech Product Manager -Fintech Risk Analyst -Fintech Business Development Manager |
| Consulting | -Strategy Consultant -Operations Consultant -Technology Consultant |
| E-commerce and Retail | Supply Chain Manager |
MBA Average Salary in India as per Specialisation
Given below is the representation of after MBA jobs salaries in India based on their specialisation:
| MBA Specialisation | Average Salary |
|---|---|
| MBA IN HR | 4.5LPA to 15.5LPA |
| MBA in Finance | 2.00LPA to 14.7LPA |
| MBA in IT | 4.5LPA to 6.5LPA |
| MBA in Marketing Management | 14.25LPA to 20.43LPA |
Are you Looking to Build Your Career in Online management? Here's the Way
Manipal University is one of the most recognised Universities accredited by NAAC, AICTE, WES, and ICAS. This university has made a legacy of offering the best education that has really impacted participants worldwide. If you’re pursuing an online MBA from here, the certification will be a ticket to thriving career opportunities.
Let’s understand about the MBA online Programme from Manipal University in details:
To build a successful career after MBA in this competitive world, enrolling in an online MBA programme from India’s no 1 online MBA institution is just the best decision you can make. The programme is mainly designed to polish your industry know-how and build networks with professionals. The course is best for working professionals and other individuals who are passionate about acquiring market-relevant skills by learning on their own. Furthermore, these programmes maintain the high standards and respected reputations associated with their on-campus counterparts while also catering to the flexibility needs of working professionals and students.
Programme Highlights:
*self-created
Admission Criteria:Â
| Eligibility Criteria |
|---|
| A participant is required to have a 10, +2,+3 degree from a recognised university or institution. |
| Minimum of 50% marks in aggregate (45% for reserved categories). |
| Any valid score from the aptitude test (CAT/MAT/ CMAT/XAT/GMAT). Applicants without any aptitude test score need to appear and clear the online aptitude test conducted by Manipal University Jaipur as per the admission norms for the Online MBA programme. |
Programme Fee Structure:Â
*Manipal University
How Jaro Education Can Help You PAVE The Path To Success
Now, if you’ve planned to pursue an online education, it’s time to understand the real benefits. If you’re enrolling through Jaro Education for an online MBA from Manipal University, you’re going to get a lifelong learning experience.Â
Wondering how?
Jaro Education is a leading online higher education and upskilling company offering end-to-end career counselling and academic support to students. We also help students and professionals who are unsure about their academic decisions by providing quick and dedicated support. With us, you also receive the following benefits:
- Dedicated academic support
- Professional network building
- Participation in discussions and forums for enhanced learning
- Peer-to-peer learning experiences
- Access to alumni events and other benefits
- Staying up to date with the latest insights from your alma mater
In the End
Now, you must have understood the aspects of a thriving career after MBA in India. Indeed, it is vast and promising, spanning multiple industries and areas. With the right combination of practical experiences, learning, and specialisation, online MBA graduates can build a rewarding and fulfilling career after MBA paths. So, why not start by enrolling in the MBA online Programme from Manipal University through Jaro Education? It’s the best way to move ahead in this highly competitive business world and enhance your career after MBA options.
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