Top 5 jobs after MBA in finance. MBA
MBA is amongst the student’s most popular and well-known courses. An MBA degree not just deepens and refines your knowledge of business but also offers you a wealth of other advantages as well. You can develop your entrepreneur abilities, build your professional network, and help build instant professional credibility. In an era where everybody wants to do an MBA, you need to choose your MBA concentration carefully to reap all the benefits of an MBA. If that’s the case, an MBA in finance is an amazing choice that offers loads of job opportunities in big firms with great pay. When hearing the term Finance, most students often relate it to banking, but finance is not limited to banking. It is about handling, monitoring, evaluating, and saving funds, and much more.
So, what are jobs that are popular among MBA finance graduates? What are the jobs that offer high pay for MBA finance graduates? Here are the top 5 jobs after MBA in finance.
In the current business environment, this is considered the best job after MBA in Finance. Investment banking is soaring through the roof and many MBA graduates are keen to land their job as an investment banker in a big firm. An investment banker generally helps large corporations and government agencies to raise money in the capital markets and provide strategic advice in mergers, acquisitions and even be in charge of overseeing major deals involving large transactions.
Salaries for investment bankers vary immensely from firm to firm. An average salary for an Investment banker during the initial years would be around 8 Lakhs to 10 lakhs per year. The salary for a senior investment banker in top firms can go up to 50 lakhs to 80 lakhs per year.
Financial management is one of the lucrative jobs after an MBA in finance that is expected to grow big in the coming years. Financial managers are in charge of the overall monetary health of an organization. Their job involves keeping their organization’s bank account healthy, doing daily and long-term financial paperwork, and creating financial statements.
The average salary of a financial manager can be anywhere between 11 to 15 lakhs and for a senior financial manager, the salary can go up to 30 lakhs per year.
The treasury manager role is an amazing career choice that is gaining significance among MBA graduates. A treasury manager is a person who oversees the financial activities like cash flow, revenue, and overall finance of a company or an organization. As a treasury manager, you would play a vital role in helping organizations manage cash and in evaluating their fiscal decisions.
According to Payscale, the average salary of a Treasury manager in India is around 10 lakhs per year and it can reach up to 20 to 25 lakhs per year.
An accounting manager is a job that is expected to grow in the coming years. As an accounting manager, your primary job is to oversee all financial reporting duties in an organization. An accounting manager works closely with the Chief Financial Officer (CFO) of the organization to develop standards, principles, and procedures and supervise the accounting department. So, no wonder why this is among the top jobs after MBA in Finance.
The average salary of an accounting manager in India is around 7 lakhs per year. Based on the experience, firm, and location, the salary can rise up to 20 lakhs per year.
A financial analyst is one of the most desired after an MBA in finance. A financial analyst works for banks, pension funds, insurance companies, and other businesses. As a financial analyst, you gather data, organize information, analyze historical results, make forecasts and projections to provide guidance to businesses and individuals and help them make the right investment decisions.
According to Payscale, the average salary of a financial analyst in India is around 5 lakhs per year and it can reach up to 10 lakhs per year.
An MBA finance graduate has loads of opportunities available to him, waiting for him to be grabbed. As a premier business school in India, Praxis is offering a 2 year fully residential PGDM program. Praxis offers specialization opportunities in the Finance stream. This program is aimed at combining the art and science of theoretical learning with the virtues of practical training. The program is approved by the All India Council for Technical Education (AICTE, Ministry of Human Resource Development, Government of India). We also have a well-structured campus placement program that ensures interview opportunities with the most significant companies in the field.