Top Jobs after MBA: Salary, Recruiters & Tips to Get a Job
Pursuing an MBA program from top study abroad destinations like the USA, UK, etc, is the preferable choice for international students worldwide. Having an MBA degree abroad can create endless possibilities. Jobs after MBA can equip you with the management and leadership skills to upgrade your career opportunities.
In this blog, we have discussed the salaries and the job opportunities after an MBA abroad, along with the top recruiters and some tips that can help you find the best jobs abroad after an MBA.
Jobs after MBA: Advantages & Benefits
Unlimited Scope: An MBA, or Master of Business Administration, is a 1-2 years postgraduate specialised program that prepares students to tackle challenges that arise in corporate sectors, markets, financial institutions, public service establishments, etc.
Proficiency in Leadership & Management Skills: Pursuing an MBA program prepares students to take on leadership and managerial responsibilities within their academic pursuits. Since the MBA curriculum wants them to undergo internships, workshops, and dissertation tasks, they collaboratively inculcate values in students required to become a leader.
Global Networking: Indian students often have various opportunities to interact with marketing and business professionals during their studies, motivating them to do something different. After they complete their studies, such connections will help them explore popular jobs after MBA.
Career Growth: Depending on the skills acquired, experience, and expertise in work, MBA professionals witness hikes in their roles and salary packages, which provide them with a sense of satisfaction and security. MBAs have several specialisations, and each has its requirements or demands. Making efforts to fulfill them with a problem-solving approach can lead to a boost in their professional careers.
Jobs after MBA: Popular Sectors & Industries
Below, we have tabulated the popular jobs after MBA in various industries and sectors along with their top recruiters, respective job roles, and salaries.
Finance & Banking
The roles and responsibilities of the individuals working in this sector include developing financial strategies, assessing financial situations, and managing financial resources. Below, we have tabulated the top recruiters in the finance and banking sector along with job titles and average salaries. The average salary may vary depending on the employer, work experience, and country.
Top Recruiters
- Citi Group
- HSBC
- Wells Fargo Bank
- JP Morgan Chase
- Goldman Sachs
| Job Title | Average Salary (per annum) |
|---|---|
| Accountant | 30 Lakhs-80 Lakhs INR |
| Financial Analyst | 45 Lakhs-95 Lakhs INR |
| Financial Consultant | 65 Lakhs-2 Crore INR |
| Financial Advisor | 40 Lakhs-91 Lakhs INR |
| Financial Examiner | 25 Lakhs-88 Lakhs INR |
Consulting
The individuals working in this sector offer a variety of services to businesses of all sizes which includes solving problems and improving their efficiency so that they can achieve their goals. Below, we have tabulated the top recruiters in the consulting sector along with job titles and average salaries. The average salary may vary depending on the employer, work experience, and country.
Top Recruiters
- Accenture
- PwC
- Deloitte Consulting
- Bain & Company
- Boston Consulting Group
| Job Title | Average Salary (per annum) |
|---|---|
| Management Consultant | 55 Lakhs-1.5 Crore INR |
| Strategy Consultant | 60 Lakhs-1.10 Crore INR |
| Operation Consultant | 40 Lakhs-1.50 Crore INR |
| Financial Consultant | 70 Lakhs-1.5 Crore INR |
| Supply Chain Consultant | 54 Lakhs-1.10 Crore INR |
Information Technology
The roles and responsibilities in this field include designing, maintaining, and implementing the database along with managing and maintaining the computer network and system. Below, we have tabulated the top recruiters in the consulting sector along with job titles and average salaries. The average salary may vary depending on the employer, work experience, and country.
Top Recruiters
- HCL Technologies
- Infosys
- Microsoft
- Oracle
| Job Title | Average Salary (per annum) |
|---|---|
| Product Manager | 50 Lakhs-1,50 Crore INR |
| IT Project Manager | 60 Lakhs-1.30 Crore INR |
| IT Manager | 48 Lakhs-1.5 Crore INR |
| Chief Information Officer | 1.35 Crore-2 Crore INR |
| IT Consultant | 48 Lakhs-1.05 Crore INR |
Also read – A complete guide to Masters in Marketing Courses
Fast Moving Consumer Goods (FMCG)
The individuals working in this industry the given the responsibilities of designing sales strategies, marketing campaigns, meeting targets, and budget management. Below is the list of top FMCG recruiters, popular jobs, and their respective average salaries.
Top Recruiters
- Nestle
- Pepsi
- Unilever
- Procter & Gamble
- JBS
| Job Title | Average Salary (per annum) |
|---|---|
| Brand Manager | 40 Lakhs-1.35 Crore INR |
| Marketing Manager | 50 Lakhs-1.30 Crore INR |
| Sales Manager | 48 Lakhs-94 Lakhs INR |
| Supply Chain Manager | 55 Lakhs-1.20 Crore INR |
| Product Manager | 30 Lakhs-1.94 Crore INR |
Manufacturing & Engineering
In this sector, the job roles involve overseeing the production and manufacturing processes along with coordinating all the activities and operations. Below is the list of top manufacturing & engineering recruiters, popular jobs, and their respective average salaries.
Top Recruiters
- General Electric
- Siemens
- Boeing
- Emerson Electric
- Honeywell
| Job Title | Average Salary (per annum) |
|---|---|
| Engineering Manager | 50 Lakhs-1.21 Crore INR |
| Manufacturing Manager | 40 Lakhs-1.10 Crore INR |
| Operation Manager | 35 Lakhs-90 Lakhs INR |
| Quality Manager | 30 Lakhs-1.34 Crore INR |
| Logistics Manager | 45 Lakhs-1.50 Crore INR |
Job Opportunities After MBA: Top Global Recruiters
We have provided a general list of popular global recruiters who provide job opportunities after an MBA as they hire graduates from all over the world. They have been categorised into consulting, financial services-providing, and technology companies.
| Consulting Firms | Financial Services | Technology Companies |
|---|---|---|
| McKinsey & Company | Evercore Partners | Adobe Systems |
| Bain & Company | Goldman Sachs & Co. | Amazon |
| The Boston Consulting Group | Guggenheim Partners | Apple Inc. |
| EY | Morgan Stanley | |
| KPMG | Partners Group | Intuit Inc. |
| Accenture | HSBC | Microsoft Corporation |
| PwC | Citi | |
| Deloitte | Robert W. Baird & Co. Incorporated | - |
| AlixPartners | Barclays | - |
| McKinsey & Company | Evercore Partners | - |
How to Find Jobs after an MBA?
Following are some tips that will help students in navigating and exploring employment opportunities after an MBA program:
- Decide your Target Industry: First, students must remain self-aware of their interests, passions, strengths, weaknesses, etc. They can do so by evaluating themselves. After this, they can research their target industries, demand and necessities, salary packages, and skills required to get jobs.
- Make Connections: While pursuing an MBA program, students must stay connected with their seniors, faculty, and other experts in the relevant field to learn about the latest trends and updates in the market. Associating with helpful people will also help them land the right place after completing their MBA.
- Part-Time Jobs: These jobs help MBA students build their skillsets and competency for the full-time work environment. The ability to handle pressure, time management, negotiation skills, etc., are some of the most common skills required to become a successful leader in an organisation.
- Use Job Search Engines: Create a resume and keep updating it after achieving any honor or significant academic milestone. Building profiles on popular job search engines helps find relevant employers.
Conclusion
MBA is the most popular post-graduate academic program in the world. It is further divided into several specialisations, depending on the needs of various industries, such as banking, finance, marketing, hospitality, retail, etc. Today, the MBA course is designed in such a way that it can cater to the needs of a dynamic market and fulfill the demand for a workforce. The average salary that international graduates get often depends on several factors, such as experience, employers, locality, etc.
FAQs
What are the differences between doing an MBA in India and abroad?
Pursuing an MBA program abroad at a university opens doors for opportunities such as exposure to global markets, networking with other international professionals, high-paying jobs compared to India, exposure to multi-cultural heritage, etc.
Do abroad universities provide placement after completing an MBA program?
Unlike Indian institutes, international universities do not offer placement opportunities. Indian students who are pursuing an MBA in international B-schools need to explore job opportunities after the MBA through their connections and job search engine websites like Indeed, LinkedIn, Career Builder, etc. Universities support their students through internships, workshops, industrial visits, etc.
Which countries are best for MBA students in India?
The top five countries where Indians can pursue an MBA are the US, the UK, Canada, Australia, and France.
Which MBA has the highest salary abroad?
MBA specialisations with the highest annual salaries are:
- MBA (Finance): 60 Lakhs-2 Crore INR/year
- MBA (Entrepreneurship): 80 Lakhs-2.50 Crore/year
- MBA (Business Analytics): 75 Lakhs-1.50 Crore/year
What are the factors that determine the salary hike?
Various factors such as performance, specialisation, employer, work experience and knowledge and expertise determine the salary hike of an individual.
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