Master of Business Administration is the degree for graduation. In Business schools, the MBA degree that is graduate program is provided. In 1908 the Harvard University Graduate School was first introduced and currently that university is known as Harvard Business School. It focuses on the administration of business that is MBA besides that it focuses on investment management. The MBA course became popular recently and that is 2 years MBA course.
Introduction to MBA
MBA program improves the skills and abilities for the progression of the career. This MBA course brings in various advanced techniques, furthermore, it also introduces human resources management, operations management, business, finance, accounting, etc. It has multiple specializations in MBA which are very important for skills development.
In particular, there are many jobs after the MBA program. Not only that, there are many job opportunities in the Government sector but also in the private sector. After MBA if they find a job in the Government sector then they will be having job security.
Highest paying jobs after MBA in India
- Marketing Manager
- Market Research Analyst
- Product Manager
- Media Planner
- Business Development Manager
Marketing plays a crucial process in society for the development of the company. Also, it is the source of income for the company. In this marketing, the manager plays a vital role in the growth of the company. The marketing manager position should observe the satisfaction of the buyer. They are a lot of things to sell in the market through the process of marketing. They are goods, services, properties, places, experiences, information, events, and organizations. The main objective of the marketing manager is to find the customer’s needs and increase sales by satisfying the customer.
The marketing manager uses the marketing strategy to develop the business. Moreover, the manager increases the customers for the company and makes campaigns, advertisements, to make everyone know the brand. The minimum salary of the marketing manager in India is Rs.3,00,000 per annum. The highest salary for the marketing manager in India is Rs.22,00,000 per annum. The salary of the manager increases based on their marketing strategies, the revenue of the company. This is one of the highest-paying jobs after an MBA in India.
Market Research Analyst
The Market Research Analyst job researches the product and develops the product. Moreover, it gathers the methods to the data collected. They make statistics for the development of the business. They serve and develop the strategies of marketing. This position is mainly based on the strategies of marketing. They can understand the competitors of the market. Mainly they are important to develop the customers and strategies. In this position, they make research on their business. Besides that, they do a lot of analysis to analyze the product and customer.
Market Research Analyst not only understands the competitive markets but also researches on the market. Also to develop they follow a lot of strategies for the development of the company. This is one of the highest-paying jobs after an MBA in India. The minimum salary of the market research analyst in India is Rs.16,00,000 per annum. The highest salary for the market research analyst in India is Rs.30,00,000 per annum and also it increases according to their work.
The Product Manager’s job manages both product planning and marketing. This position and work are very important for the growth of the company. In this, they involve in managing the product with the product life cycle. The manager identifies the needs of the customer and develops the product with proper planning. They additionally deal with the Research and development department to develop the product. The product manager creates a new environment to increase the sales of the product.
The manager follows the different strategies to increase the number of customers. Furthermore, they also have to understand the satisfaction of the customer and accordingly develop the product. Although to develop the business the proper planning to reach the customers and that planning is done by the product manager. The minimum salary of the product manager in India is Rs.16,00,000 per annum. The highest salary for the product manager in India is Rs.30,00,000 per annum. The salary of the manager increases based on their product strategies for the growth of the business.
The Media Planner position is important for the company. They analyze the advertisement data for increasing the sales of the product. Many clients come to the media planner for developing the product. Media Planner has some strategies for advertising through different media such as television, newspapers, campaigns, etc. They understand the customer’s needs and wants for the development of the company. Furthermore, they analyze the satisfaction of the customer towards the product.
The media planner not only makes strategies for advertising the product but also attracts the customers to achieve the objectives of the company. In general, the media planners work in the office and sometimes they move to clients. The minimum salary of a media planner in India is Rs.3,50,000 per annum. The highest salary for a media planner in India is Rs.14,60,000 per annum.
Business Development Manager
The Business Development Manager’s job is crucial for any business development. Also, they find new opportunities and chances for the business the growth. They have to implement strategies to improve the economy of the business. Their main task is to change the business for the development in future. They concentrate on getting investment without any loss.
Planning is very important for the business development manager. Moreover, they should forecast the results and analysis to the top-level management. They also discuss the prices of the product and they train their employees of the company. The minimum salary of the business development manager in India is Rs.2,70,000 per annum. The highest salary for a media planner in India is Rs.20,00,000 per annum.
Government Jobs After MBA
- Marketing Officer in Banks
- General Manager Post
- Personnel Officer in Bank
- Management Trainee Position
- Additional Programmer officer
Marketing Officer in Banks
Banks are racing towards the growth of the sector. In the banking sector, there is a lot of competition and then, there is a need for marketing. The marketing officer needs to take responsibility for coordinating, promoting, furthermore there is some work in the market. In particular, the average salary of the Marketing officer is Rs.6,60,00o per annum approximately.
General Manager should take the responsibility for revenue, profit, and loss of the sector. There are several vacancies for this position and it is a very good position for MBA graduates. However, it is available at public sector units and banks. In particular, the average salary of the General Manager is Rs.55,400 per month approximately.
Management Trainee Position
The Management Trainee Position is very good and there are a lot of vacancies in various departments. Thay is some departments such as human resources, operations, etc. However, they are trained for monitoring and managing the roles that are required for the position. This option is good for MBA freshers. In particular, the average salary of a management trainee position is Rs.6,00,000 per year approximately.
Additional Programmer Officer
The Additional Programmer Officer takes the responsibility of implementing the program. They have to coordinate, supervise besides that execute the work to achieve the program. In particular, the average salary of the Additional Programme Officer is Rs3,00,000 per year approximately.
The Personnel Officer takes the responsibility for activities related to human resources. They have the power to transfer the employees furthermore they can give training and others. Not only, those benefits but also there is retirement benefit, etc. In particular, the average salary of the Personnel Officer is Rs17,00,000 per year approximately.