career options after MBA

Highest Paying Jobs for MBA Graduates in India

3 years ago

MBA is one of the popular postgraduate degree programs in India. A curriculum with varied specializations with a focus on business equips students with skills to pursue careers in various industries. The degree provides skills in Teamwork, Strategic thinking, Global orientation and adaptability to change. Besides the fact that it expands your career opportunities, it preps you up for some of the top-paying jobs in industries like Consumer durables, E-commerce, FMCG and telecommunications. Below is a list of best MBA jobs based on Salary, Popularity, Growth and Financial Stability.

career options after MBA
Highly Paid Jobs

Chief Technology Officers – Rs. 8, 58,145 per annum

CTO is an executive responsible in leading organizations technological as well as research and development (R&D) needs. He utilizes company capital to make investments to achieve short term and long term goals of the organization. The day to day operations of a CTO involves meeting deadlines, collaborating with executives and overseeing their roles and responsibilities, monitoring technological budgets, being up-to-date with newest technological developments and trends that are in line with organizational goals. Knowledge earned through an MBA course in subjects like finance and statistics acts as an additive for IT professionals along with their technical skills.

Information Technology Director – Rs. 9, 27,809 per annum

Information Technology Director is responsible for leading organizations IT operations. He has to work with information engineers to solve issues found while managing business activities. To attain best pricing possibilities he has to maintain good relationships with vendors. He must also make efforts to upgrade IT processes. For a director-level position previous experience in management is valuable. Graduates with MBA bring additional skills to the table.

Senior Database Administrator – Rs. 10, 24,045 per annum

Senior Database Administrator is responsible for assisting the modelling of replicated architecture. He has to oversee the database security, use and performance. He has to make sure that the process of database security is performed as per the company policy. He also has to coordinate with the developers to meet product specifications and its needs and document all the procedures in a nutshell. His main functions also involve delegation work and mentoring teams. An MBA graduate can provide you with vital people management skills.

Senior Management ConsultantRs. 16, 53,060 per annum

Senior Management Consultant also referred to as a management analyst tries to improve the efficiency of an organization by collaborating with clients. Since their goal is to increase profits they have to propose strategies to alter the operations of an organization. To become a senior management consultant one must be willing to collaborate with diverse clients and teams, must possess analytical and problem-solving skills. Training provided in MBA will benefit you by providing advancements to senior levels.

Sales Director – Rs. 28, 98,642 per annum

A director of sales is involved in managing selling processes and operations to meet the projected revenue allocations as set by the company. He has to implement strategies to meet sales targets. He has to supervise a company’s marketing and advertising efforts by understanding consumer needs. He has to draft sales reports and assess the performance of the company. These professionals should be willing to manage multiple projects and meet deadlines. They must also possess effective communication skills. An MBA curriculum will train you to be excellent negotiators.

Investment Banker – Rs. 9, 91,939 per annum

The job of an investment banker is to raise capital for the business by connecting them with investors that supply funds. For the process of doing so, he must perform analysis on the company’s financial information. Create client portfolios and communicate with firms and investors. He also offers recommendations during mergers and acquisitions. Candidates gain specialized knowledge and training through subjects like finance and operation during their MBA. Hence MBA graduates are preferred.

Investment Manager – Rs. 22, 00,000 per annum

Also referred to as investment fund managers are professionals that provide financial advice and coordinate with institutions and individuals in buying and selling of shares and bonds. They have to be updated with the economy and its financial markets. They have to work with complex financial models to forecast the earning potential. They have to work jointly with investment analysts to assess investment opportunities. A graduate degree course will satisfy the investment analyst role. The analytical and problem-solving skills honed through an MBA degree will provide you with a fund manager role.

Financial Manager – Rs. 9, 98,052 per annum

A Financial Manager offers guidance and support to an organization. They alleviate risks when the organization is in dire financial situations. Their responsibilities involve keeping track of market trends, finding cost-reducing opportunities, forming connections with auditors and solicitors and reporting on the financial health of an organization. They also research on their competitors, perform audits and create budgets. An MBA degree will provide knowledge in subjects like economics and business law, which acts as an added advantage.

Human Resources Director – Rs. 28, 12,408 per annum

Human Resources Director acts as a coordinator between the firm and its employees. They are involved in planning and coordinating firm’s administrative operations. They supervise the processes involved in recruiting, employee training, payroll management and other activities. They even have to organize employee benefit programs and maintain good labour relations. A degree in MBA will equip the professional with interpersonal, judgmental and ethical skills. This will make them well suited for an HRD role.

Operations Manager – Rs. 7, 78,944 per annum

An operations manager is involved in overseeing the procurement of materials, increase customer service quality, Inventory planning, maintaining warehouse efficiency, perform quality checks, purchase materials and monitor key performance indicators of production. An MBA in operations will equip candidates with the right set of skills needed for this role.

Hope this list has helped you in providing a clear reason to pursue an MBA degree which will help kick start your career.  

Rachana Y

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