What is the Career Scope After Completing an MBA?

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The MBA Degree is essentially considered a passport to a challenging, lucrative, and high-flying career. A few decades back, getting through to an MBA Degree program was considered a very cumbersome process, and it was only the cream of the crop that could finally get admission and qualify.

Over the years, a phenomenal number of business schools have sprung up, and what was once considered a status symbol has now become quite common.

Though in contemporary times, the premier institutions such as the IIMs and ISB have maintained their reputation as B-schools with impressive global rankings.

Running parallel to this is the record growth of the Indian Economy, and it’s becoming a major hub of foreign direct investment. The economy, industrial activity, and employment levels are all on an upward trend, thereby creating a high demand for MBAs.

Thus, a b-school matching its inputs with industry requirements seeks to fulfill its mandate in terms of quality and relevance in management education, culminating in an impressive placement record.

Career Opportunities After an MBA

1. Corporate Sector

After MBA, what? The first natural option is the corporate world. The first point of distinction is between the manufacturing and services sectors. The other two are the private sector and the public sector.

Private Sector Opportunities

The private sector offers an abundance of opportunities in the manufacturing sector such as automobiles, pharmaceuticals, petrochemicals, textiles, cement, steel, FMCG, Consumer Durables, Reality and Construction, Heavy Vehicles, Chemicals, Paints and Foods & Beverages amongst others and in the services sector, such as Banking, Financial Services, Hospitality, Healthcare, IT & ITES and Airlines.

MBAs are generally recruited as Management Trainees in entry-level positions and, through cross-training, developed as a future flow of managerial talent for senior positions.

Campus Interviews are an important source of recruitment and placement for the private sector majors.

The pay-packet is generally determined by the standing of the B-school and, of course, the aptitude and potential of the aspirant. Branding of the B-school may be a determining factor initially, but in the long term, performance defines growth.

The private sector offers spiraling pay packets, perks, and a luxurious lifestyle in senior positions.

Also Check: Top Career Opportunities in Management: High-Paying Jobs & Skills

Public Sector Opportunities

The public sector also has impressive credentials to its name, particularly the ‘Navratnas’ – ONGC, BHEL, NTPC, and BPL, amongst others. For recruitment, the written test, GD, and PI format is generally followed. An advantage of a public sector job is job security and welfare amenities.

SMEs and Other Recruiters

It is not only the blue-chip companies that hire, SME’s and other outfits also require managerial talent and they hire MBAs in large numbers. Other recruiters include Management Consultancies, Placement Consultants, Media, Advertising Agencies, Armed Forces, and various Government Agencies.

2. Careers in Academics and Research

Another option after an MBA is going into a career in academics. Depending on the specialization area, you may enrol in a PhD Program (by giving the NET Examination) and qualify for recruitment as a Lecturer, working your way to a Professor or Director.

This would require in-depth knowledge of the subject area and a knack for teaching, research, and administrative skills. Pursuing research activities within Academics or Business Research and Market Research in the form of Consultancy is another probable option.

Mangalmay Institute, Greater Noida, offers a two-year full-time MBA Program affiliated with A.P.J. Abdul Kalam University (UP). The program content and pedagogy cover the knowledge, skills, and competencies essential for an effective manager’s profile.