The Master of Business Administration programme is one of the most sought-after post-graduate career routes. However, a growing number of students are looking for alternative courses after their MBA that would help them stand out from the crowd as the number of people enrolling in General MBA programmes is increasing each year. Consequently, the competition is also rising.
Moreover, a second specialty always raises your profile because it develops your professional abilities, instills business ethics, and fosters personality growth. These programmes will help you advance both professionally and personally while having a wide range of practical applications in the workplace.
Read along to learn about courses after MBA!
Best courses after MBA
Planning Your Post-MBA Career? Here, we have suggested Courses After MBA. Any person should be extremely proud of themselves when they earn their MBA. But since “the sky’s the limit,” as they say, a student may occasionally feel dissatisfied even after finishing a course. You can further specialise by choosing following careers.
Check out the following courses after MBA!
Certification in Risk Management Assurance
Your ability to support governance and risk management concerns is confirmed by the CRMA accreditation, which is provided by the Institute of Internal Auditors [IIA]. In addition to having a degree, one needs to have work experience of at least between 12 and 60 months.
Additionally, in order to maintain the certificate after receiving the designation, professional education is required. According to the IIA website, if your career goal is to manage crucial areas of risk assurance, governance practises, quality assurance, or monitor self-assessment, you should pursue the CRMA credential.
PhD in Management
A PhD in Management is a research-oriented degree that emphasises training and refining the leadership skills and business management principles that are critical in this field. Monitoring, managing, directing, planning, and organising business activities will fall within your purview.
The core of this course is understanding business challenges in a constantly changing world. You should anticipate to spend all of your time on research starting in the third year of the degree, which should last four to five years.
Top Universities for a PhD in Management are as mentioned below:
- Kaunas University of Technology
- Technical University of Munich
- ISCTE- University Institute of Lisbon
- University of Surrey
- University of California, Berkeley
Financial Risk Management
In order to equip people with risk management skills, the Global Association of Risk Professionals (GARP) offers the internationally recognised Financial Risk Management (FRM) degree. Your ability to manage credit risk, liquidity risk, market risk, and non-market financial risks will be the course’s main goal. Due to the many alternatives it offers, FRM has emerged as one of the most popular degrees after MBA. You can either enrol in a degree programme or take the FRM exam to continue with this course.
Top Universities for Financial Risk Management are as mentioned below:
- University of Toronto
- University of New South Wales
- University of Glasgow
- Trinity College
- Durham University
Doctor of Business Administration
Your ability to translate theory into practise will enable you to consider opportunities outside of research and higher education, which is the aim of a Doctor of Business Administration degree. If you wish to pursue academics, the degree will qualify you for top executive positions in either business or college teaching. Numerous DBA courses are specifically created to offer students networking opportunities that they might pursue in addition to careers.
Top Universities for a Doctor of Business Administration are as mentioned below:
- St. Ambrose University
- University of Dallas
- Washington University in St. Louis
- University of Florida
- Drexel University
Certified Information Systems Auditor (CISA)
For those wishing to advance their careers in information systems, auditing, and security, the Information Systems Audit and Control Association (ISACA) offers the CISA certification programme. You must pass an exam that is offered every year in June, September, and December in order to receive the certificate.
A candidate must also complete the continuing education course and fulfil the requirements for work experience. The duties of an IT auditor include conducting in-depth audits of the organization’s information architecture, monitoring information management, maintaining systems, and ensuring that IT operations adhere to various regulatory standards.
Chartered Financial Analyst [CFA]
CFA after graduation is currently one of the most sought-after programmes after an MBA. A student must pass each of the course’s three levels in order to receive certification as an analyst.
Equity investment, corporate finance, business ethics, portfolio management, alternative investments, and other topics are some of the main ones addressed in the CFA Level 1 and Level 2 tests. When you’re done, you’ll be able to obtain employment in roles like financial strategist, analyst, consultant, portfolio manager, and so on.
Many industries, including retail, e-banking, management, and banking, are starting to prioritise big data. This entire situation is the outcome of the digital revolution. Many of the top colleges and business schools now offer data analytics courses for MBA candidates. Data analysts are still needed and sought after by prestigious businesses and organisations like Fractal Analytics and Latent View Analytics.
Top Universities for Data Science Programs are as mentioned below:
- Essex Business School
- University of Edinburgh
- University of Melbourne
- University of Warwick
- University College Dublin
- IE Business School
Another popular skill that professionals across all industries find appealing to learn is coding. After getting your MBA, you can enrol in a professional diploma or certificate programme to earn certification in the coding subject of your choice, learn coding online using learning platforms, or both.
The Systems Applications and Products (SAP) course is educational and aids participants in honing their skills. Additionally, it helps specialists use SAP and its advantages. All organisations utilise SAP to boost the effectiveness of their programmes. Note that the Technical Course and the Functional Course are the two components of the training.
For professionals who are already in their careers but want to move to a higher level, the executive MBA programme is developed. The skills that are taught in this MBA programme are instantly applicable to working professionals.
Project Management Professional
After MBA, you might consider doing PMP, which is a course offered by the Project Management Institute. An exam that tests knowledge in a variety of areas, including Monitoring and Controlling, Initiating, Closing, and others, must be passed in order to receive the certificate.
The following represent the requirements for PMP certification:
- A 4-year degree, three years of project management experience, 35 hours of project management training, and the CAPM certification
- a high school diploma or associate degree, five years of project management experience, and 35 hours of management/CAPM/education.
Post Graduate Diploma in Computer Applications
A Post Graduate Diploma in Computer Application should be considered if you want to continue your studies after earning your MBA. It provides instruction in the fundamentals of computer applications with a focus on helping students understand the subtleties of software programmes and programming languages.
In combination with the professional exposure you gained from your MBA and the technical skills you will gain from this course following your MBA, you will be able to explore a wide range of opportunities in the IT and software industry!
Top Universities for Postgraduate Diploma in Computer Applications Courses are as mentioned below:
- University of Auckland
- The University of Waikato
- Murdoch University
- The University of Canterbury
- Auckland University of Technology
- The University of Queensland
Certified in Production and Inventory Management (CPIM)
If you wish to continue your education in supply chain management after earning your MBA, CPIM is an excellent option for you. This internationally recognised accreditation is offered by APICS, and the education is accessible online.
It comprises of five courses and the two primary APICS exams. Each exam costs $690 for CORE members or non-members and $495 for APIC PLUS members. You will be able to look for higher-level opportunities in logistics, supply chain management, and material management after completing this brief certification course.
A significant amount of data is gathered from sources including log files, financial transactions, social media, and other platforms as a result of the development of new technologies and the rise of social media. The analysed data is then used to develop a plan that can influence corporate decisions.
The best course of action in such a culture is to pursue a profession in data science as there is a growing need for people who can interpret this data meaningfully. The demand for the employment opportunities that this degree offers make it a wonderful alternative for a study to take following an MBA.
Top Universities for Data Science courses are as mentioned below:
- Carnegie Mellon University
- Columbia University
- Northwestern University
- New York University
- IU International University
- University of Greenwich
ISB’s Certificate Programme in Business Analytics
Working professionals who want to increase their knowledge of business analytics could take advantage of the acclaimed Indian School of Business’s (ISB) Certificate Programme in Business Analytics (CBA).
For a year, students are required to attend class six days every alternate month. A applicant must hold a Bachelor of Engineering degree or a Master’s degree in mathematics, statistics, or a related field to be considered for admission.
Human Resource Management
All businesses have a human resources department, and these departments are constantly looking for qualified human resource executives, thus this course provides a wide range of work options. Some human resources certificate programmes are available for enrollment.
They are mentioned below:
- Senior Talent Management and Practitioner
- Certified Professional in Learning and Performance
- Talent Management Practitioner
- Associate Professional in Talent Development
Fellow Programmes in Management from IIM’s
The management doctoral programmes that also belong to the IIMs. The purpose of this programme is to give students in-depth knowledge and interdisciplinary understanding in a variety of business management areas, including corporate strategy, production management, economics, and social sciences.
NSE’s Certification in Financial Markets
The National Stock Exchange Academy offers this education. It offers a number of courses on a variety of subjects, including banking, financial services, and even financial literacy. Online instruction is provided for this certificate programme. It supports the growth of skills and practical knowledge, enabling you to advance in the financial sector. There are NSE test centres all over India.
Foreign Language Course after MBA
In the digital world, credentials and training in foreign languages are highly valued and may even open doors to international employment opportunities. After earning your MBA, taking a foreign language course may increase your work possibilities because multinational corporations and outsourcing companies commonly seek out business professionals who are multilingual.
Personality Development Course
Students and professionals alike can enrol in a personality development course at any time. After completing your MBA, if you so want, you may continue with this course. Anyone who wishes to improve on their public speaking skills and confidence will find it helpful.
In order to work or complete their MBAs, many students choose to enrol in this course part-time. Those who seek to more effectively prepare for an upcoming job interview may find this course to be of special benefit.
Job Opportunities after MBA
There are plenty of opportunities after doing MBA. if you have done MBA with specialization then you’ll have a better chance to deep dive into the industry to get a lucrative salary package.
Check out the table job opportunities after MBA:
|S. no||Finance Manager||Infrastructure Manager|
|1.||Energy & Environment Manager||Operations Manager|
|2.||Marketing Manager||International Business Manager|
|3.||Sales Manager||Disaster Manager|
|4.||Human Resources Manager||IT & Systems Manager|
|5.||Import & Export Manager||Agriculture & Food Business|
|6.||NGO Manager||Digital Marketing Manager|
|7.||Healthcare & Hospital Manager||Oil & Gas Manager|
|8.||Data Analytics||Business Analytics Consultant|
|10.||Materials Manager||Sports Manager|
|11.||Rural Manager||Supply Chain Manager|
|12.||Transport & Logistics Manager||Retail Manager|
|13.||Telecom Manager||Textile Manager|
|14.||Public Policy Manager||Business Manager|
Salary Offered to MBA Graduates
Here we have provided an estimated salary package into minimum, mean and maximum. Your salary package will depend on the skills you have acquired during your training. MBA graduates often need to upgrade as they go. Experience is an add on factor which contributes to an increasing salary package.
|S. no||Job Profile/Role||Minimum Salary Per Annum||MeanSalary Per Annum||Maximum Salary Per Annum|
|1.||Senior Business Analyst||Rs. 4,76,000||Rs. 9,44,493||Rs. 11,70,000|
|2.||Operations Manager||Rs. 3,89,000||Rs. 7,97,786||Rs. 10,60,000|
|3.||Marketing Manager||Rs. 2,98,000||Rs. 7,56,522||Rs. 11,90,000|
|4.||Human Resource Generalist||Rs. 1,59,000||Rs. 2,94,138||Rs. 6,78,000|
|5.||Business Development Executive||Rs. 181,000||Rs. 3,18,081||Rs. 5,93,000|
|6.||Project Manager (IT)||Rs. 5,01,000||Rs. 12,38,000||Rs. 20,00,000|
|7.||Human Resources Manager||Rs. 3,19,000||Rs. 7,38,960||Rs. 11,70,000|
|8.||Relationship Manager||Rs. 2,03,000||Rs. 4,24,954||Rs. 9,59,000|
|9.||Assistant Human Resources Manager||Rs. 2,92,000||Rs. 5,31,567||Rs. 9,42,000|
|10.||Marketing Executive||Rs. 1,67,000||Rs. 3,05,043||Rs. 5,54,000|
Do you wish pursue a course after MBA? Get your profile evaluated by experts at AdmitKard.
Ans: Finance, marketing, public policy, information technology, environmental sustainability, and health administration are a few MBA specialties that propel future CEOs to the top. Potential CEOs are also prepared through electives like managerial economics, organisational theories, and strategic management.
Ans: IIM Trichy, which experienced a significant increase in its highest remuneration from Rs 23.8 lakh to Rs 33 lakh this year, was among the gainers. The Shailesh J. Mehta School of Management, IIT Bombay, experienced an increase in the average cost to business (CTC) provided, going from Rs. 16.5 lakh to Rs. 17.63 lakh.
Ans: After an MBA, one can pursue a PhD. After earning an MBA, students can pursue PhD programmes at several business schools across the globe. Many schools demand several years of job experience for the MBA programme itself.
Ans: According to a 2017 Universum research, three of the top five most wanted employers among US-based MBA students are technology businesses. Google comes in front. Fortunately, the sentiment is shared. Every year, companies like Amazon, Microsoft, Apple, and Google hire more MBA candidates.