What is the future of an MBA degree holder in India?

Master of Business Administration, or MBA, is today’s most in-demand postgraduate management program, providing you with a wealth of business and career options as well as a secure future. Every other graduate, regardless of stream, now pursues an MBA as a post-graduate degree. An MBA degree comes with plenty of benefits, especially if it’s from a reputable institution like Usha Martin University. Students who pursue an MBA develop the abilities necessary to launch a new business endeavor, start a company, or become an entrepreneur. This is the sole reason why the number of professional opportunities available after an MBA has increased tenfold. Wherever there is a professional business, MBA graduates are in high demand to manage it efficiently. Some of the prominent employment areas for MBA graduates are Financial Services, Consultancies, Entrepreneurship, Healthcare Management, Marketing, and many more. Every other high-end MNC now hires MBA candidates for managerial and leadership positions and offers them attractive salary packages with high benefits. According to a survey, the IT industry’s need for MBA graduates is expected to increase by 10% in 2021 compared to pre-pandemic 2020. Indeed, with 96% of tech recruiters expecting to hire MBA graduates in 2021, the need for management skills is expected to outpace the preceding three years. Whereas, a recent GMAC (Graduate Management Admission Council) survey of top recruiting companies found that the proportion of recruiters planning to hire MBA graduates fell from 92% pre-pandemic to 77% in the middle of 2020, but is expected to rise to 89% in 2021, a figure higher than even 2019. Hence, all these facts are enough to understand that an MBA degree holder has a great future in India.

Top 10 Jobs After An MBA Degree

1. Marketing Manager
2. Sales Manager
3. HR Manager
4. Finance Advisor
5. Business Analyst
6. Investment Banker
7. Business Development Manager
8. Project Manager
9. Business Consultant
10. Chief Technology Officer

Average Salary Based On Job Position

It helps to know about the salary earning potential of each profession. These figures will also inspire you to do an MBA and pursue a career.

Here are some average salary figures based on the job position.

• Marketing Manager — 8.4 lakhs
• Senior Business Analyst — 9.6 lakhs
• Financial Analyst — 4.6 lakhs
• HR Manager — 7.2 lakhs
• Operations Manager — 7.6 lakhs

Why You Should Pursue an MBA Degree?

Before pursuing any degree, you should know why. What are the advantages and how it is going to help your career? Click Here for A Gateway towards Promising Career Prospects after MBA.

Here are some reasons why you should pursue an MBA degree.

1. Great Education: An MBA degree is one of the best degrees to do after graduation and this degree has a lot of value in the professional world.
2. All Round development : An MBA degree also ensures you develop into a good professional having a good personality, confidence, and leadership skills.
3. Salary & Growth: MBA graduates have some of the highest salaries and the best growth opportunities in the business world.
4. Great Networking: With an MBA, you become a part of a large network of professionals that are working in the finest companies in the world.
5. Increased Knowledge : During the course, your knowledge horizon will expand and you will develop a new perspective. Increasing knowledge becomes a habit.
6. Challenges: If you love challenges, you are truly going to enjoy your MBA training and then working in the professional world.

Check out the link, If you want to know more about MBA Specialization in India 2024, click here for MBA Specialization.