Why MBA? Explore the Benefits of Pursuing MBA Program
Are you planning to enrol in an MBA program? As an aspirant, you must know the benefits and advantages of enrolling in an MBA program. This blog will answer all your fundamental questions about MBA admissions and the benefits of pursuing this program. Let’s start with what an MBA is.
What is an MBA?
MBA (Master of Business Administration) is one of the most popular postgraduate programs in India and worldwide. Upon completing the MBA, you will gain in-depth knowledge of management principles and managerial skills. It is a prestigious degree and highly appreciated by employers. This program offers several paths for future professionals to start their careers.
What is the need for an MBA?
We all know technology is growing at an alarming rate, automation is changing the face of the workplace, and markets have become more competitive. With these obstacles, the stakes for corporate executives have risen to unprecedented levels.
Today, companies are looking for managers capable of securing, training, and motivating employees. They are also responsible for keeping an eye on the bottom line. MBA graduates are suitable candidates to fill these critical roles. These professionals have the interpersonal abilities and emotional intelligence necessary to work as managers.
Benefits of Pursuing an MBA in India
Pursuing an MBA has several benefits that can assist you in enhancing your career prospects. These includes:
Improving knowledge and skill set.
MBA is the best program for candidates looking for the right opportunity to improve their existing knowledge and put it into practice. This course is ideal for those who want to enhance their existing skills in a real-world setting.
Improves your prospects within a company
Many working professionals opt for MBA programs to improve their prospects in their current job roles. Some companies also contribute to the cost of studies as an MBA benefits in upskilling their employees.
Enhance your professional expertise.
An MBA degree is ideal for working professionals with diverse backgrounds who want to test their determination. These opportunities can be entirely different from their previous experience. An MBA degree imparts essential skills to any professional who wants to become a successful entrepreneur or manager.
Enhance your learning potential.
After completing your MBA, you will gain advanced finance, marketing, sales, and overall management knowledge. This knowledge and proficiency are relevant to several industries, ensuring you can work in any sector you prefer.
Gain niche experience.
MBA colleges like CGC Jhanjeri equip you with the necessary skills to advance your chosen career. You can choose from various specialisations, such as Marketing, Finance, Operations Management, and Human Resource Management. You can select any field depending on your interests and area of business.
What are the different MBA specialisations?
- MBA (Marketing)
- MBA (Finance)
- MBA (Operations Management)
- MBA (Human Resource Management)
- MBA (Business Analytics)
- MBA MIS (Management Information System)
- MBA (Digital Marketing)
- MBA (FinTech)
MBA Job Roles and their Average Annual Salaries
MBA (Marketing) | Average Salary (INR) |
Marketing Manager | 7,00,000 - 15,00,000 |
Brand Manager | 6,00,000 - 12,00,000 |
Product Manager | 8,00,000 - 18,00,000 |
Market Research Analyst | 4,00,000 - 8,00,000 |
Advertising Manager | 6,00,000 - 12,00,000 |
MBA (Finance) | Average Salary (INR) |
Financial Analyst | 5,00,000 - 10,00,000 |
Investment Banker | 10,00,000 - 20,00,000 |
Risk Manager | 8,00,000 - 15,00,000 |
Financial Controller | 8,00,000 - 18,00,000 |
Asset Manager | 7,00,000 - 15,00,000 |
MBA (Operations Management) | Average Salary (INR) |
Operations Manager | 6,00,000 - 12,00,000 |
Supply Chain Manager | 6,00,000 - 12,00,000 |
Logistics Manager | 5,00,000 - 10,00,000 |
Production Manager | 6,00,000 - 12,00,000 |
Quality Control Manager | 5,00,000 - 10,00,000 |
MBA (Human Resource Management) | Average Salary (INR) |
HR Manager | 6,00,000 - 12,00,000 |
Talent Acquisition Manager | 5,00,000 - 10,00,000 |
Training and Development Manager | 5,00,000 - 10,00,000 |
Compensation and Benefits Manager | 6,00,000 - 12,00,000 |
HR Business Partner | 7,00,000 - 15,00,000 |
MBA (Business Analytics) | Average Salary (INR) |
Data Analyst | 4,00,000 - 8,00,000 |
Business Intelligence Analyst | 5,00,000 - 10,00,000 |
Data Scientist | 8,00,000 - 15,00,000 |
Analytics Manager | 10,00,000 - 20,00,000 |
Market Research Analyst | 4,00,000 - 8,00,000 |
MBA MIS (Management Information System) | Average Salary (INR) |
IT Manager | 8,00,000 - 15,00,000 |
Systems Analyst | 6,00,000 - 12,00,000 |
Database Administrator | 6,00,000 - 12,00,000 |
Project Manager (IT) | 7,00,000 - 15,00,000 |
Technology Consultant | 7,00,000 - 15,00,000 |
MBA (Digital Marketing) | Average Salary (INR) |
Digital Marketing Manager | 6,00,000 - 12,00,000 |
Social Media Manager | 4,00,000 - 8,00,000 |
SEO Specialist | 4,00,000 - 8,00,000 |
Content Marketing Manager | 5,00,000 - 10,00,000 |
Digital Marketing Strategist | 7,00,000 - 15,00,000 |
MBA (FinTech) | Average Salary (INR) |
FinTech Analyst | 6,00,000 - 12,00,000 |
Blockchain Specialist | 8,00,000 - 15,00,000 |
Financial Technology Consultant | 7,00,000 - 15,00,000 |
Digital Payments Manager | 6,00,000 - 12,00,000 |
Risk Management Specialist | 7,00,000 - 15,00,000 |
MBA Subjects
MBA specialisations offer diverse subjects tailored to meet the demands of today's dynamic business landscape.
MBA Specialization | Subjects Taught |
MBA (Marketing) | - Marketing Management |
- Consumer Behavior | |
- Brand Management | |
- Market Research and Analysis | |
- Digital Marketing Strategies | |
- Advertising and Promotion | |
- Sales Management | |
MBA (Finance) | - Financial Management |
- Investment Analysis | |
- Corporate Finance | |
- Financial Markets and Institutions | |
- Risk Management | |
- International Finance | |
- Financial Modeling and Analysis | |
MBA (Operations Management) | - Operations Strategy |
- Supply Chain Management | |
- Project Management | |
- Quality Management | |
- Inventory Management | |
- Lean Six Sigma | |
- Operations Analytics | |
MBA (Human Resource Management) | - Human Resource Planning and Development |
- Organizational Behavior | |
- Talent Management | |
- Employee Relations | |
- Compensation and Benefits | |
- Performance Management | |
- Diversity and Inclusion | |
MBA (Business Analytics) | - Data Analytics |
- Business Intelligence | |
- Predictive Analytics | |
- Data Mining | |
- Machine Learning | |
- Big Data Management | |
- Data Visualization | |
MBA MIS (Management Information System) | - Information Systems Management |
- Database Management Systems | |
- Enterprise Resource Planning (ERP) | |
- Information Security and Risk Management | |
- Business Process Reengineering | |
- IT Project Management | |
- Emerging Technologies in MIS | |
MBA (Digital Marketing) | - Digital Marketing Strategy |
- Social Media Marketing | |
- Content Marketing | |
- Search Engine Optimization (SEO) | |
- Email Marketing | |
- Web Analytics | |
- Mobile Marketing | |
MBA (FinTech) | - Financial Technology Trends |
- Blockchain and Cryptocurrency | |
- FinTech Regulation and Compliance | |
- Payment Systems | |
- Algorithmic Trading | |
- Risk Analytics | |
- Robo-Advisory Services |
In conclusion, pursuing a MBA degree requires a considerable investment of time and money. In addition to managerial skills, you will also experience a change in your ability to think creatively and find solutions to challenges you will face in the business world. After completing the MBA degree, you will demonstrate commitment to learning, improving, and applying skills that help any organisation to succeed. CGC Jhanjeri is the top MBA college in Mohali, equipping students with managerial skills to succeed in their professional careers. The MBA program is anticipated as the best course to gain management training, entrepreneurial prowess, and leadership skills.