Top MBA Career Paths and Job Opportunities

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An MBA is particularly beneficial in the consulting industry, where looks matter. An MBA shows aptitude and knowledge. It enables you to draw in new clients and swiftly win their trust. You are qualified to consult in business growth, management, and administration if you have an MBA. Additionally, you can assert experience in any field in which you have pursued a professional or academic specialty.

A few of the motives for hopefuls to think about getting an MBA include:

  • Salary hike
  • Receive a promotion
  • Improve knowledge, change work profile, and ensure better networking
  • Add merit to one’s resume
  • Take the initiative and launch your own company.
Figure 1: Advantages of MBA(https://leverageedu.com/)

MBA Courses & Popular Specializations

Candidates interested in getting an MBA degree may wish to think about enrolling in one of the following MBA programs: Executive MBA/PGDM, MBA/PGDM, Distance MBA, Online MBA, Part-Time MBA, etc. In addition, candidates are advised that they have the option of pursuing a standard MBA degree or even finishing an MBA program with a specialization. The following is a list of some of the popular MBA concentrations that applicants might think about pursuing:

  • Human Resources (HR)
  • Finance 
  • IT and systems 
  • International Business
  • Healthcare and Hospital 
  • Retail
  • Operations
  • Supply Chain
  • Entrepreneurship
  • Business Analytics

Westford University College offers below MBA courses to professionals who wish to hone their skills and improve their career prospects through higher education. They only work with the best education providers in the UK to ensure our students are offered only the best courses and leave campus with the knowledge and skills they need to excel in the world of business and finance.

  • Online Executive MBA – CMU
  • MBA – Strategic Management & Leadership – CMU
  • MBA International – CCCU
  • MBA – University of Gloucestershire (GLOCS)
  • MBA in Global Business Administration (GLOCS)
  • MBA in Global Business Administration with Marketing Intelligence and Big Data (GLOCS)
  • MBA in Global Business Administration with Applied Entrepreneurship, Design Thinking and Innovation (GLOCS)
  • MBA in Global Business Administration with Financial Services Management (GLOCS)
  • MBA with Supply Chain Management – Abertay University
  • MBA with Healthcare Management – Abertay University
  • MBA with Data Analytics – Abertay University
  • MBA with Project Management – Abertay University
  • Executive MBA- UCAM
  • MBA in Business Leadership – UCAM
  • MBA in Financial Management – UCAM
  • MBA in Engineering Management – UCAM
  • MBA in Project Management – UCAM
  • MBA in Data Analytics – UCAM
  • MBA in Sales & Marketing – UCAM
  • MBA in International Business – UCAM
  • MBA in HR & Organizational Psychology – UCAM
  • MBA in Supply Chain, Shipping & Logistics Management – UCAM
  • MBA in Information Technology – UCAM
  • MBA in Healthcare Management – UCAM
  • MBA in Quality Management – UCAM
  • MBA with Specialization – Girne American University

Average MBA Salary as per specialization

MBA SpecializationAverage MBA Salary*
MBA FinanceRs 2,00,000 to Rs 14,70,000
MBA Human Resource ManagementRs 4,50,000 to Rs 15,50,000
MBA Information TechnologyRs 10,000 to Rs 6,00,000
MBA Logistics ManagementRs 6,25,000 to Rs 8,50,000
MBA Marketing ManagementRs 14,25,000 to Rs 20,43,000

MBA in Healthcare

Obtaining an MBA in healthcare is satisfying in a variety of ways, from career advancement to having a direct impact on patients’ lives. A professional with an MBA who specializes in healthcare administration can expect to make an average salary of $82,938, according to Pay scale. According to U.S. News and World Report, the average salary for MBA graduates working in the healthcare sector for 132 rated full-time MBA programs is $118,004.

Fig 2: Top-paying careers you can qualify for with an MBA in healthcare. (https://www.franklin.edu/blog/mba-healthcare-salary)

MBA Finance

One of the most common options for someone considering a postgraduate degree is an MBA in Finance. A finance-focused graduate will be accountable for analysing the company’s reports, figuring out how to maximize stock values, predicting economic trends, balancing risk and profitability, and, last but not least, investment portfolio management.

Figure 3: Average salary and job positions for MBA Finance

MBA Marketing

You may be able to advance in your current position and become eligible for management and executive jobs with the aid of a marketing MBA. Graduates can easily transition to marketing careers because postgraduate business programs focus improving leadership and communication abilities. These skills are essential for every senior-level position, regardless of your expertise in sales, business development, media and entertainment, advertising, brand management, or even general management.

Figure 3: Average salary and job positions for MBA Marketing

MBA Information Technology

Information technology management MBA programs are designed to educate and develop managers who can successfully plan, design, select, implement, utilise, and manage current and emerging information and communication technologies.

Figure 3: Average salary and job position for MBA Information Technology

MBA in HR

There is an increasing need for professionals to oversee employee activities as the workforce grows. The MBA in HR has become more popular across all industries as a result of the stated reason. Across all industry sectors, there is a demand for HR professionals with an MBA, and this demand is only likely to grow.

Figure 3: Average salary and job positions for MBA HR

Salary for MBA Logistics Management

Logistics management is an important component of supply chain management because it deals with the planning, implementation, and control of the flow and storage of goods and services between the point of origin and the point of consumption.

Figure 3: Average salary and job positions for MBA Logistics Management

MBA salary is also influenced by the MBA specialization chosen by the candidate. MBA salaries are generally highest in MBA specializations such as Finance, Marketing, General Management, Business Analytics, and Entrepreneurship. With industries rapidly changing, the scope for MBA professionals has shifted dramatically.

References:

https://mallory.com.au/mba-career-paths-opportunities/
https://www.usnews.com/education/best-graduate-schools/top-business-schools/articles/mba-salary-jobs

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