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Career Options for MBA graduates
(Article By Admin Saturday, 28th November 2009)

MBA, Master of Business Administration, is a two-year degree originated in United States of America and today it is considered as one of the hottest Masters course in the world. MBA graduates have lots of career options to choose according to their specialization in their second year course. This article mainly focuses on career options and employment prospects for MBA graduates.
MBA deals with the business applications, accounting, finance maintenance, investments and money management. Hence, MBA graduates can expect careers in finance, banking, insurance, etc. Retail industry is the new spark for MBA graduates which can offer millions of jobs every year. Here are few details about various careers to choose by an average MBA student.

Careers in Accounting:
Accounting is one of the main aspects in every business of corporate and government sectors. It offers variety of careers according to the qualifications of graduates. A commerce graduate who pursued MBA can get more focus than an MBA student whose primary education involved with mathematics or sciences.

Banking Careers:
Banking mainly deals with accounts. Many reputed MNC banks have been stepping into Indian commercial banking sector and creating thousands of jobs every year. Bank of America, Standard Chartered, Citibank and ABN AMRO are the reputed MNC banks in India. Various policies and reforms introduced by Indian government are leading some other big banks to get their feet into Indian banking sector. We can see a huge growth in employment under banking sector for next couple of years.

Insurance Careers:
Insurance sector is getting a strong hold on Indian finance sector and simultaneously developing with banking and other related sectors. MNC insurance companies have been proving their worth with their new schemes and giving tough competition to other Indian private insurance firms and government firms like LIC. Tata AIG, MAX New York, Aviva and MetLife are some reputed MNC insurance companies that are established their rapport with customers.

Careers in Retailing:
Retailing is one of the most popular terms in business sector nowadays. Retail market is growing in exponential phase in India. Started after 2000, retail business is getting its stamp on Indian market with the turnover of billions of rupees every year. Indian corporate market giants have been started to enter into the retail business just after the retail revolution. Some of the popular brands in Indian retail market are – Fresh stores from Reliance, Big Bazaar retail stores from Pantaloons, More retail stores of Aditya Birla Group, Pizza Hut, Dominos, Mc Donalds, Café Coffee Day, etc.

Careers in Financial Consulting and Planning:
Financial consulting is another major sub category in financial sector. The consulting firms have been growing their revenues substantially and creating thousands of jobs all over India and abroad year by year.

Careers in Real Estate sector:
Real estate is also the booming industry in India. After the recession, India is slowly getting rid of high costs and low incomes and going ahead with more new projects. Even the smaller secondary towns are also making their entry in the picture of Indian real estate sector and creating lots of wealth as well as thousands of jobs every year.

Careers in Government sector:
MBA graduates can also opt careers in government departments like financial planning, accounts, treasury and revenue. They are also eligible for Civil Services (UPSC) examinations, navy and army examinations.

The MBA graduates are also eligible for PhD programs offered by many reputed institutes throughout India and the world. The MBA graduates come from biggest management institutes like IIMs are very fortunate in terms of employment and career options. They get wide variety of offers with high pay from world-class corporate companies. Some other colleges also conduct campus placements where corporate giants get their employees from talent pool of the particular college.
Some other enthusiastic and financially sound MBA graduates start their own company after working in good companies for a couple of years or more. There are some best venture capital investors to support them in financial side and technical consultants to support them from technical front.


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