Today’s world is a business platform with enormous business establishments standing tall over decades. Business companies and firms are reigning all over the world. This successful business era is made possible by skilled business professionals in administration and management.
Business personalities with an MBA degree are rocking the cradle of the business arena with their significant business skills. Top business education colleges like Cheran College of Arts and Science, one of the best MBA colleges in Tamilnadu, and many more have stepped forward to provide remarkable business education via their MBA degree programs. When it comes to pursuing an MBA colleges in USA, there are numerous reputable colleges and universities that offer top-notch programs.
Let us know more about the value of an MBA degree and its career opportunities in this article.
MBA Course Insight:
Master of Business Administration (MBA) is one of the sought-after business management programs for any degree holder and it offers remarkable career opportunities in the business facet.
Here is an insight into MBA courses in general:
| Course | MBA |
| Full Form | Master of Business Administration |
| Course Description | The Master of Business Administration (MBA) course is centralized on educating business administration and management techniques, tactics, methodologies and nuances for its implementation in future business platforms.
This course prepares the students for handling the business efficiently and incorporates multiple life skills such as critical thinking, and decision making which are essential for the successful running of any business. |
| Level | Postgraduate Level |
| Duration | 2 years |
| Mode | Semester / Annual |
| Eligibility Criteria | The basic eligibility criteria for pursuing an MBA at any top college like Cheran College of Arts and Science, one of the best arts and science colleges in Tamilnadu are as follows:
● Candidates should have completed a UG degree in any stream from any recognized educational institution. ● Candidates should have scored at least a minimum of 50% aggregate marks in the UG degree. The eligibility criteria are subject to variations based on your chosen college |
| Admission Procedure | Admission to MBA is provided either on a merit basis or an entrance exam basis.
Certain colleges like Cheran College of Arts and Science, the best among arts and science colleges in Tamilnadu consider the marks scored in UG and if needed work experience based on the type of MBA applied. Some other colleges require candidates to have a passing score in entrance exams like CAT, SAT, GMAT, etc. |
| Average Course Fee | INR 3 – 35 LPA |
Specializations offered under MBA:
MBA course is considered the best course for the business field and so this valuable course is offered with enormous specializations. Each MBA specialization has immense value in the business arena and here is the list of those MBA specializations that are offered in the best MBA colleges in Coimbatore:
- Human Resource
- Finance
- Marketing
- Supply Chain Management
- Business Analytics
- Operations Management
- Hotel Management
- International Business
- Banking and Finance
- Systems Management
- Data Science and Data Analytics
- Sales and Marketing
- Healthcare Management
- Digital Marketing
- Information Technology
- Entrepreneurship
The career scope after an MBA Program:
MBA programs have got immense career opportunities in India as well as abroad. According to statistics, around 60% of MBA graduates under various specializations have been placed in 2023 which significantly points to the remarkable career scope after an MBA program.
Job Roles available after the MBA program:
Studying MBA at top colleges like Cheran College of Arts and Science, one of the MBA colleges in Coimbatore opens a window for the best career opportunities.
Let us take a look at the career options that are available after different MBA specializations to get a view on the basic career scope after MBA:
| MBA Specializations | Job Roles | Job Description | Average Salary in INR |
|
Marketing Management |
Marketing Analyst | Market Analyst is responsible for studying the market trends and analyzing the potential scope for sales of any particular products or services. They understand the market conditions and plot the relevant marketing strategies to boost sales. | 4.53 LPA |
| Marketing Executive | Marketing Executive has the duty to execute the marketing strategies and oversee the proceedings of executed marketing strategies. | 3 LPA | |
| Sales Manager | The Sales Manager is responsible to promote the sales and achieve the sales target by leading and guiding the sales team of a company | 4.57 LPA | |
|
Human Resource Management |
Human Resource Manager | Human Resource Manager is responsible to handle the manpower of any company, and also stands as a bridging point between the company and the labor. | 8.13 LPA |
| Talent Acquisition Specialist | Talent Acquisition Specialist is responsible for sourcing, attracting and interviewing prospective employees that meet the long-term goals of the company. | 6.5 LPA | |
| Compensation Manager | The Compensation Manager is responsible for handling the salary category of the employees in a company. | 5 LPA | |
|
Finance |
Financial Analyst | Financial Analyst deals with analyzing the various investment strategies and suggesting suitable financial plans and investments for the company. | 3.5 LPA |
| Accounting Manager | The Accounting Manager manages the accounting staff who are responsible for financial reporting, billing, collections, payroll, and budget preparation. | 4 LPA | |
| Business Analyst | Business Analyst analyzes the financial status of the company and makes audits. | 4 LPA | |
|
Information Systems |
Information System Analyst | Information Systems analysts are responsible to analyze and finalize suitable software, hardware, and broader IT systems for their clients. | 5 LPA |
| IT Strategist | IT Strategist is responsible to analyze and plan the software and hardware systems of their clients and construct strategies. | 10 LPA | |
| Software Manager | The Software Manager is involved in leading a team of software developers who develop web applications, software, etc. | 15 LPA |
The scope for MBA is not restricted within India but also abroad in countries such as the USA, the UK, China, and Japan.
Top Companies that Hire MBA Graduates:
MBA graduates in different specializations are hired by top companies such as:
- Cognizant Technology Solutions India Pvt Ltd.
- Amazon
- HPE
- IBM
- Tata Consultancy Pvt Ltd.
- Infosys
- Wipro
- Microsoft
Conclusion:
MBA is a golden course for establishing a successful career in the business world. The success of any business company depends on skilled business professionals. MBA stands as the best course to incorporate managerial skills in candidates who turn into expert business professionals. Students studying MBA in the best MBA colleges in Tamilnadu, as well as India, have great career prospects all around the world.
FAQs:
- Which MBA specializations are the best?
Some of the best MBA specializations are as follows:
- Marketing Management
- Human Resource Management
- Finance
- Information Systems
- Operations and Supply Chain Management
- Which stream in 12th is considered suitable for business management courses?
Commerce stream in 12th is considered suitable for business management courses. But students from all other streams can also pursue business management courses.
- What are the skills required to pursue an MBA?
The skills required to pursue an MBA are:
- Communication Skills
- Decision-making Skills
- Team Management Skills
- Leadership Skills
- What is the average salary scale for fresher MBA graduates?
The average salary scale for fresher MBA graduates is INR 3 to 5 LPA. With experience, the salary scale can reach up to INR 25 LPA.
- Does an MBA have scope abroad?
MBAs have immense scope all around the world as business platforms are globally expanding and continue to expand.
