10 Types of Jobs After MBA
Do you want to know what kinds of jobs you can get with an MBA?
The question might seem hard to answer right now, but after reading this article, it won’t be!
When you first become an adult, one of the most important decisions you may have to make is what you want to do for a living. Since we live in a fast-paced world with many choices, it can be hard to choose a career path.
MBA is one of the best degrees that can help you change careers. It opens up many opportunities in Finance, Marketing, Human Resources, Operations, and other areas. But even though you may already know that an MBA opens you up to more job opportunities, you may still be unsure about what to do. Since you don’t know much about this, you need to look into the different types of fresher Jobs after MBA.
Now, before you decide what jobs you want to get after getting your MBA, you should ask yourself a few questions.
Here Is A List Of Jobs That You Can Get After An MBA.
1. Investment Banker
An investment banker is someone who works closely with a financial institution and is in charge of getting money for governments, organizations, or other groups he works with.
A person who works as an investment banker handles big, complicated financial deals, such as setting up an acquisition, merger, or sale for a client or a group of clients. He also sells the risk of investing money in a future project, and he is mostly known for issuing securities to raise money.
To be an investment banker, you need to be good with numbers, have strong verbal and written communication skills, and be able to work very long and hard hours. As an action menu banker, you also get to work for well-known companies like Goldman Sachs, Morgan Stanley, JPMorgan Chase, Bank of America Merrill Lynch, and Deutsche Bank (DB).
AVERAGE SALARY
A typical investment banker makes about $96,000 per year on average.
2. Management Consultant
A management consultant is someone who helps organizations or companies do better by carefully looking at their problems and coming up with ways to solve them and make the organization more efficient.
When it comes to work, a Management Consultant needs to be strategic, calm, and able to get things done. He should also be an expert in his field and look for ways to solve problems. So, if you’re good at solving problems and keeping people calm in a crisis and have great communication skills, you might want to try management consulting.
The “Mckinsey And Companies” and other large consulting firms are among the top companies that would like to hire you.
AVERAGE SALARY
A Management Consultant makes an average of $103,853 per year.
3. Marketing Manager
As the job title suggests, a marketing manager is in charge of how the company reaches out to the market. A marketing manager is also in charge of putting services or products on the market or getting them to customers. And it’s a great choice among the list of careers or jobs you can get with an MBA. When you have this degree, you can get a job in sales or marketing.
Marketing managers are creative people who are responsible for the company’s planned and unplanned reputation in the market. Images that are planned may include print or video ads, speaking engagements, endorsements, and printed materials. On the other hand, unplanned images can happen when one of the company’s representatives makes a mistake in public. So, when an outside force attacks the company, it needs damage control right away.
A marketing manager should be “Street Smart” and have good communication skills. They should also be friendly and open to other people’s ideas and thoughts.
AVERAGE SALARY
In the United States, a Marketing Manager makes an average of $110,118 per year.
4. Manager of Products
The job of a product manager is to handle and create new products for an organization or company. As a product manager, it will be your job to come up with business plans and take care of the functional education requirements needed to make a physical or digital product.
Product managers have a deep understanding of their products, which is needed to lead the company and make strategic decisions about products. For example, they might have to look at the market and the competition, come up with a unique product vision, and meet customer needs in a unique way. The role covers a wide range of strategic and tactical tasks and provides important leadership across engineering, marketing, sales, and support teams.
The job of a product manager is important to an organization because the success of the business may depend on how well the product does in the market. So, it starts with a strong product manager who feels a strong sense of responsibility for their role and managing what has been described above.
AVERAGE SALARY
A product manager makes an average of $1,13,446 per year.
6. Human Resource Manager
A Human Resource Manager is a professional who makes plans for how to manage people or employees in an organization in the best way possible. Human resource (HR) managers usually deal with hiring, training, career development, pay and benefits, employee relations, industrial relations, employment law, compliance, disciplinary and grievance issues, redundancies, etc. Also, part of the job is to stay up-to-date on things like employment law, which changes often.
Any large business with a professional setting needs to have an HR manager. These include banks, insurance companies, hospitals, universities, institutes of technology, and so on. An HR manager should be able to communicate well, get along well with other people, know about business, and be focused on making money. He should also know how to do things technically and be able to analyze, interpret, and explain how the law affects employment, honesty, and being approachable.
AVERAGE SALARY
An HR manager usually makes around $82,521 per year on average.
7. Administrative Managers
An Administrative Manager is someone who makes sure a business runs smoothly and is run in an organized way. He is in charge of making sure operations run smoothly by managing staff, planning, organizing, and putting administrative systems into place.
An administrative manager is in charge of managing the administrative staff and keeping track of how well they do their jobs and get things done. They also make sure there are enough supplies and meet the financial goal by figuring out what will be needed for education, giving information for budgeting, planning spending, keeping track of costs, and figuring out why there are differences. MBA skills for an administrative manager include tracking budget expenses, staffing, quality management, managing processes, organization, coaching, communication processes, disciplining employees, motivating others, promoting process improvement, and making reports.
AVERAGE SALARY
An administrative manager makes an average of $86,683 per year.
8. Financial Advisor
Financial advisors are trained professionals who give their clients advice about money based on their situation. People often think of a financial advisor as a planner, teacher, or partner for all their money issues.
A financial advisor helps you make smart investments and reach your goals. He is in charge of your investments and gives you advice on how to reach your long-term goals. They are people who are experts in their field, take responsibility for the situation, know how to change, and want to act.
A financial advisor makes an average of $90,530 per year.
A business analyst is someone who looks at the needs of a business domain or an organization and tries to figure out how to meet those needs using computer processes in the most cost-effective way. They also manage the requirements of a project or an organization and tell the stakeholders, facilitators, and possible partners about them. This could be one of the best jobs you can get after getting your MBA.
A business analyst’s job duties include helping with the business case, planning, and monitoring, making a list of needs, translating and simplifying educational needs, managing and communicating, and analyzing requirements.
AVERAGE SALARY
In the United States, the average salary for a business analyst is $81,896 per year.
9. The head of operations
After the CEO, the COO is the person in charge of running the business. MBA graduates who specialize in strategy are a good fit for COO jobs right after they graduate. COOs work with the other members of the management team to make plans and move the company’s goals forward.
AVERAGE SALARY
Pay ranges from $361,694 to $586,742 (average of $464,507) (Source)
10. Venture Capital
Venture capital is private equity money invested in small businesses with a lot of room to grow. These investments can be risky, but they can also bring back a lot of money, and in some cases even a stake in the company. When you work in venture capital, you might work with individual investors (called “angel investors”) and business owners.
AVERAGE SALARY
Salary: $134,249 – $222,852 (average $183,199) (Source)