Before you go for an MBA, it’s important to know about your MBA career options. Read this blog to know the same.
Table of Content:
- Let’s know about various career options you can explore after completing your MBA:
- Finance Manager
- Big data analytics
- Sales manager
- Health Service Manager
- Investment Banker
- Summing Up
Being an MBA aspirant, everyone wants to have the best career by achieving a post-graduate certificate from the best business schools across the globe. And while choosing an MBA, knowing about every possible option can help you to be sure of your choices. It will pave the right path for your future.
Knowing about your career options can help you in choosing the right path. Your options after MBA also depend upon your background. For instance, if you have a piece of technical knowledge, you tend to specialize in IT. Or, if you come from a commerce background, then you tend to go for the sales, finance, or HR specializations.
Let’s know about various career options you can explore after completing your MBA:
The ventures worldwide depend upon the financial managers for their expertise in the matter. The managers oversee the financial transactions and various other economic activities in the enterprise. The primary operations of a financial manager include managing budget processes, cash management, and other investment activities. Additionally, the business managers allow the companies to have a look at their fiscal objectives. Some of them are also involved in handling acquisitions and mergers, raising capital, and assessing various global financial transactions.
The financial managers are mostly commerce graduates and are best at providing solutions related to the numbers. Moreover, they can make accurate reports for the stakeholders to check the progress of the company.
Working as a finance manager in Dubai, you will earn an average monthly salary of 22,000 AED per month.
Big data analytics:
Big data analytics is one of the most prominent attributes of IT. This department provides insights by determining business trends and making important business decisions. In recent years, prominent data analyst jobs have seen unprecedented growth. It means that the ventures are quite willing to shell out a lot of money for gathering insight and determining the business trends for making the right business decisions.
Big data analytics are in trend these days and would like to help ventures with the technical sound knowledge and robust networking techniques to work in a bit faster way. Big data analytics will come ahead by creating many jobs in various domains. And as a result, the domain will require applicants with robust technical knowledge to acquire the updates of new technology to be executed in ventures.
Data analyst start their career with a monthly average salary of 9000 AED. Needless to say, this number increases quite rapidly depending on the quality of work one is putting in.
It is the sales department that brings new clients to the company. Or the Business Development team that aspires to create new grounds ahead. Therefore, leading the team with expertise requires thorough knowledge of the domain. For delivering the flawless pitch or closing the deal, new skills are desired in the sales domain for making or breaking an organization.
Getting through the business development post completing the MBA is known to be the perfect way to kick start your career. In fact, the majority of the jobs after completing your MBA are found to be in the sales domain. And to qualify for the same, you can get the specialization in marketing subjects to dig deep in the concepts of sales. This will help you to know more about the processes of the company.
The average starting salary of a sales manager is around 14,000 AED. But the actual income of a sales manager can be much higher. That is because there are a lot of incentives involved in a sales job.
Health Service Manager:
The diversifying and expanding healthcare industry requires knowledgeable managers to ensure healthcare businesses run smoothly. The healthcare service managers also make sure that companies should adhere to the government reforms for delivering healthcare delivery. Working for the healthcare experts, doctors, and clerical workers, the healthcare service managers oversee the entire working facility. Additionally, they also take full charge of the management of the healthcare staff. In extensive facilities, there are multiple healthcare managers to manage every department as finance, patient, or infant care.
A master’s degree in management of the healthcare sector is essential for various positions. Nowadays, candidates tend to acquire an MBA degree with a specialization in the healthcare service sector. The degree programs can provide an exceptional understanding of the nation’s fastest and largest growing industry. People who have a bachelor’s degree in the healthcare domain can look further into specialization in the industry in detail.
When it comes to the healthcare sector, there are several positions available. Needless to say, the exact salary depends on the exact designation. But on average, a person working in the healthcare sector earns a monthly salary of 27,900 AED.
Investment bankers help organizations, government agencies, and organizations in raising money from the capital markets via debt or equity. They also provide suggestions about the acquisitions and mergers in various other types of financial transactions.
The investment banker positions require a robust educational background like an MBA with a specialization in finance as preferred by the employers. The jobs in securities, investment companies, and commodities are rising every year and post a faster growth as compared to other sectors. In fact, investment banking is one of the most lucrative career options after an MBA. Other than that, it provides a challenging job for individuals to anticipate market trends and make the desired investments.
Investment banking is popular as a high-earning profession. The starting average salary of an investment banker is 20,000 AED per month. In addition to this, there is also a chance to earn a handsome bonus every month.
The above-listed jobs are a few of the best MBA career options for individuals aspiring for a management degree to move ahead in their careers. After completion of a year, you can choose the specialization. Many courses offer specialized degrees from the start.
If this blog has motivated you enough to go for an MBA, check out our flexible and affordable programs. We at LUBM believe in the power of education. With a motto of Keep Learning, we have curated courses with the latest industry updated curriculum for working professionals. Under the guidance of industry experts, you will be upgrading yourself to the contemporary business scene.
To know more about our programs, speak with our expert counselor now!