A degree in MBA or Masters in Business Administration is now the preferred path for many candidates. However, when students consider pursuing an MBA, they must always ask themselves the following questions: Why do they want to pursue an MBA degree, and what is the scope of their career in an MBA?
There is a widespread belief that an individual’s career trajectory skyrockets once they obtain an MBA. Unfortunately, this is not always the case. Not every candidate gets their dream job and starts earning a good salary right after earning their MBA. So, in order to have a successful career after an MBA, each individual should have well-defined goals.
What is a Master in Business Administration?
A Master of Business Administration (MBA) is a specialist postgraduate degree programme that leads to outstanding career opportunities in a variety of industries. The on-the-job training given in the 2-year degree programme gives students a platform to gain corporate experience. The scope of an MBA expands with additional specialization in fields such as Marketing, Health Management, International Business, and so on.
What do you learn IN MBA & CAREER IN MBA
MBA is the most sought-after course in the world. More than 3 lakh students are admitted to MBA programmes in India alone. An MBA degree not only provides students with extensive knowledge in subjects such as Finance, Accounting, Economics, Marketing, and Human Resource Development, but also with business-related skills such as leadership, problem-solving ability, communication, strong networking ability, marketing, sales, and so on. One can learn:
- Communication: The skill to convey information and express ideas clearly is always necessary. An MBA entails giving numerous presentations, conducting case studies, and analyzing current events. All of this contributes to you becoming a good communicator and decision-maker.
- Data Collection and Analysis: Data and analytics can assist a company in predicting consumer behavior, calculating the ROI of marketing efforts or investments in new technology, identifying market trends, and improving decision-making. However, businesses face difficulties in gathering and utilizing data.
- Strategic Thinking: Acknowledging the steps that businesses must take to succeed is a competitive advantage in the business world. Leaders who can think strategically and keep up with advancements in related industries can think throughout business functions and formulate the best plans of action. This means they can analyze market forces and make changes to their business to remain competitive. MBA students learn how to use the most up-to-date risk management, performance management, and project management methodologies.
- Leadership/Management/Negotiation: Leadership, negotiation, and management are all related business skills. Leadership instills a sense of accountability, which adds benefit and value to an organization. Management is the process of bringing people from various backgrounds and experiences together to work in complex environments. Negotiation is the method of working in groups and motivating members to achieve both the company’s and their own goals.
- Networking: One advantage of pursuing an MBA is the chance to broaden one’s professional network. It’s exciting to meet new people both inside and outside of the classroom. You’re making professional contacts and friendships that will benefit you later throughout your career.
Career Opportunities after Completing MBA
- MBA Type
- Job Opportunities
- MBA in Marketing
- Analytical Marketing
- Market Search Analyst
- Business Development
- Retailing Management
- Senior Research Consultant
- Quality Assurance Head
- Online Marketing
- Advertising and Promotions Marketing
- Social Media Management
- Product and Brand Management
- Communications Director
- Logistics Head
- Brand Manager
- Public Relations Manager
- MBA in Finance
- Financial Advisor
- Accountant
- Investment Manager
- Treasurer
- Corporate Finance
- Hedge Fund Management
- Banking
- Corporate Banking
- Financial Analyst
- Insurance Manager
- Insurance and Risk Managers
- Investment Banking Associates
- Stock Broker
- Cash Manager
- Private Equity
- Sales and Trade
- Asset Management
- MBA in Operations
- Operational Manager
- Inventory Management
- Inventory Control Manager
- Deputy Manager
- Consultant
- Manufacturing Consultant
- Supply Chain Manager
- Warehouse Head
- Products Analyst
- Logistics Head
- Plant Manager
Skills that lead to Better Career Scope
Aside from regular academics, employers seek individuals with a variety of other skills that distinguish them and give them an advantage over their competitors. Some of these skills are:
- Interpersonal Skills
- Project & Time Management Skills
- Leadership
- Teamwork
- Planning Abilities
- Entrepreneurial Skills
- Technical Skills
- Cross-cultural competency
- Innovative and adaptable mindset
Aravali College of Engineering & Management offers MBA
An MBA is a popular stepping stone to C-suite positions in large corporations and a valuable asset for aspiring entrepreneurs. MBA programmes at Aravali College of Engineering & Management recognized as the best college for MBA in Faridabad & Delhi/NCR, provide a diverse range of interesting courses and activities taught and facilitated by exceptional faculty members who are consistently engaged with academics, research, and practice. The programme molds its participants into rigorous and innovative thinkers capable of dealing with complex real-world management problems. It pushes them to obtain higher levels of excellence and provides opportunities for them to realize their full potential. Aside from formal coursework, the programme provides opportunities for students to pursue personal interests such as community service, and sports, enhancing individual talents and developing new competencies through student clubs and activities.