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Types of jobs after MBA in Finance |UPDATED 2019

This article was updated on 12th June 2020

Before going ahead to the conclusion that a Masters in Business Administration (MBA) is the right way or path for you, just stop yourself and ask why. A luxurious vision of life after MBA may not be so easy after that for everyone. Neither every management graduate receives a cushy job nor a dream salary package. So you must have your target in place to be able to establish a solid and robust career after an MBA.

The genuine reasons for doing an MBA these days:

It makes  you earn more money

It gives you a lot of promotion in your job entire life

It always helps you quit a job which is not suitable.

But to follow  an MBA program and to feel satisfied by doing so, you must take a more comprehensive view:

Why someone follows an MBA program

To launch a progressive career

To make a shift in career, if you already are an experienced professional

To enhance an innovative outlook

To network with the best in the market

To add a brand value to yourself

To enhance personal growth

To start a business or start-up entrepreneur

To move to another location

Quality jobs

Finally, when you know why you want an MBA degree, you should be prepared with a knowledge base of jobs that require this degree. Based on that, you may create your career interest.  There are Client relations, consulting, business planning, resource or system analysis may be a part of your job profile, but lets take a more specific view of the job opportunities after an MBA:

Banking & Finance: It has security & investment analysis and portfolio management jobs. such jobs include banks, security firms, insurance companies, and various financial organizations and require a professional to make the right choices about investments. Related job profiles are in Corporate Treasury, Business Operations and Credit Analysis. Such jobs are typically offered by companies such as Goldman Sachs, J.P. Morgan, Nomura, RBS, Barclays etc.

Other job opportunities in banks are for Commercial Banking, Liabilities Product Management, Cards Management, Transaction Banking, Corporate Banking, Compliance, Wholesale Risk, Credit Risk, Relationship Management and Treasury. Banks like ICICI Bank, Yes Bank, Kotak Bank, Axis Bank, State Bank of India, HDFC Bank and RBL hire MBA graduates for such roles.

  • Information System Management: This requires a more technology-focused candidate, the day someone with an MBA in Information Systems. Such candidates identify fresh and up-to-date technologies to serve an organization better. They provide a thorough cost analysis for use of the right technology while working with financial and managerial departments.
  • Investment Banking: This is a job in demand. Companies that hire for this role include SBI Capital Markets, Motilal Oswal & Bank of America Continuum among many others. The right candidate functions as an underwriter. He/she has to connect investors to fund-needing organizations. The candidate must have the acumen to analyze what fits best for the client. They deal with acquisitions and mergers as well as clients. Other job profiles include those in Treasury, Securities and Investment Management.
  • These being the top three options, there are more job opportunities for an MBA graduate:
  • Management Consulting: If you are a problem solver, this is the job that suits you best. A management consultant specifically solves organizational issues, while embracing fresh ideas and new methods of problem-solving. Firms that hire for such roles include Cognizant Business Consulting, Bain (BCC), KPMG, PwC, Infosys Management Consulting, Michael Page, Deloitte, PeopleStrong, Cartesian Consulting & many more.
  • Private Equity: Just like investment banking, your investment acumen comes into action in a private equity job profile. Companies that recruit are Religare, Magma Fincorp, DE Shaw, Indiabulls Housing Finance, Kotak Life, Angel Broking, ICICI Prudential Asset Management, Bajaj Finserv, Kotak Wealth Management, JPMorgan Chase, Axis Securities, Fidelity Investments, Fullerton etc.
  • Data analytics: With the digital revolution, making sense out of "big data" is becoming increasingly important for all kinds of businesses be it banking, retail, e-commerce or management. As a result, many business schools have now started offering data analytics as an important part of their MBA programs. Companies like Fractal Analytics,  LatentView Analytics hire MBA graduates as data scientists or data analysts.
  • Entrepreneurship: An MBA enhances your ability to be an entrepreneur. Be a fresh graduate or an experienced professional, choosing your career becomes easy with an MBA in your kitty.

A large number of students opt for finance specialization for MBA degree. Major Lucrativeness of this course is being the highest paid profession. MBA Finance helps in finding reputed jobs and handsome salary packages. Generally, these postgraduates are being taught and prepared for a management position of mid-level and senior level. Finance people seek opportunities in the department of accounting and financial planning. They can also go for the teaching profession by clearing the eligibility of teaching examination.

For MBA finance, both private and government sector is opened for them to work. Although, the salaries in the private sector are higher than the government sector jobs are more secure. The government gives the starting salary of Rs 10 thousand per month and for experienced ones they provide the maximum salary of Rs 50 thousand per month. In the private sector, salary differs according to the organizations.

Freshers start their career through an internship with a minimum salary/stipend of Rs 8 thousand. Gradually with experience, the salary packages increase. MBA finance person with 3to4 year of experience in the average company gets the package of Rs 50 thousand per month. With the further experience of 5-6 year in a well-reputed organization, MBA finance can get the salary up to Rs 1 lacs per month.


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