MBA is a lucrative career option and every year a large number of students in India dream of pursuing their MBA degrees after graduation. Not only students, but working professionals also like to follow their MBA dreams, and most of them enrol in different Executive MBA programmes to enhance their scope of career and earnings with a degree. Be it corporate lawyers, engineers, IT professionals, or regular graduates, everyone wishes to pursue an MBA to enhance their pay scale and designation in the corporate ladder.
So, what is your criterion for joining an MBA programme? If you are looking at the highest-paying management jobs, we are offering you information on various after-MBA career or job options that can offer you high-paying salaries.
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Careers Options After MBA for High-Paying Management Jobs
Below are some highest-paying management jobs after an MBA that can be pursued for good pay packages:
1. Management Consultants
A management consultant is among the best career options for MBA students. These professionals work to increase the operational effectiveness and productivity of a company through data analysis and implementation of strategic solutions. They earn a salary that ranges between Rs 6.4 lakh to Rs 42 lakh per annum.
2. Financial Advisors
A financial advisor understands the financial goals and requirements of companies in different aspects and helps them to create strategies for better investment decisions to achieve business and financial goals. These professionals come with a strong and deep understanding of risk management and financial planning. They are offered a salary that ranges between Rs 2 lakh to Rs 12.3 lakh per annum
3. Supply Chain Managers
A supply chain manager is a professional who works towards simplifying the supply chain, limits costs, and boosts the productivity of companies via various roles like analyzing data, managing relationships with clients, coordinating logistics, and more. The starting salary of these professionals may range between Rs 3 lakh to Rs 30 lakh per annum. IT, Consulting, Banking and Finance, and Manufacturing are some industries where supply chain managers work.
4. Logistics Managers
The Logistics Manager ensures the efficient movement of products and inventory from one place to another cost-effectively. Logistics Managers are responsible for executing the flow of work in a company by overseeing accounts, storage, and transportation. These professionals receive a salary that ranges between Rs 2.4 lakh to Rs 20.2 lakh per annum.
5. Healthcare consultant
These professionals help healthcare providers and institutions to develop and grow. Healthcare consultants offer consulting services to these organizations and resolve their problems such as organizational inefficiencies and also suggest remedies. The starting salary range for these professionals is between Rs 3.5 lakh to Rs 13.7 lakh per annum.
6. Marketing Specialists
Marketing specialists conduct market research to know various customer requirements and trends. They research to find what the competitors are offering and make recommendations accordingly. FMCG, Healthcare, Consulting, and Energy are among the industries that hire marketing specialists. The salary for freshers may range from Rs 1.2 lakh to Rs 6.3 lakh per annum.
7. Financial Analyst
These professionals are responsible for various research tasks to plan investment strategies and make investment decisions for their companies and clients. Insurance, banks, and financial companies are some industries where they serve. Financial analysts are hired by top companies like Amazon, Tata Consultancy, Oracle, and EY among others. The starting salary may range from Rs 2 lakh to Rs 12.3 lakh per annum.
8. Human Resources (HR) Manager
HRM are professionals responsible for creating and implementing policies and HR strategies for a company. They make policies to align with the focus of the business and its overall strategies. They are also responsible for recruiting, interviewing, hiring, and training candidates. IT, Education, Healthcare, and Consulting are some of the sectors where HR works. The starting salary may range from Rs 2.9 lakh to Rs 18.9 per annum.
9. Entrepreneurs
Entrepreneurship is another career option for MBA graduates. Fresh MBA graduates can start many profitable businesses after completing an MBA program. There is no industry bar for them and they can start a business in any sector they want to generate profit. The initial salary of an entrepreneur may start around Rs 25,000 and reach Rs 98,000 per month, which is likely to expand in a few years.
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Top 10 Industries Hiring MBA Graduates in India
· Consulting
· Financial Services
· Technology
· Retail
· Real Estate
· Healthcare
· Media & Entertainment
· Energy
· Consumer goods
· Manufacturing
The above industries are recruiting and paying graduates promising jobs and handsome salaries.
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EnrolL Now →Final Thoughts
The demand for skilled MBA graduates has always been there and India has some of the best management institutions producing MBA graduates every year. In India, after MBA career has a lot of scope, and MBA graduates are highly placed in top Indian and international companies with high salaries.
If you are aiming to enroll in the best MBA program you can enhance your chances of thriving in the highly competitive job market in India and worldwide. In this regard, you can consider the online MBA programs of Amity Online University which offers MBA with different specializations to get the best management education, training, and placements. To know more about such online programs, visit Amity Online today.
