An MBA is one of the most sought-after degrees by international students and is regarded as vital for a successful career. Pursuing a Master of Business Administration (MBA) provides individuals with a comprehensive understanding of business principles and management strategies. Many professionals strive to improve their abilities and knowledge to advance in their careers. After completing an MBA, many professionals desire to hone their skills and specialise in certain areas to meet the demands of today's dynamic corporate environment.
Choosing a higher professional degree or courses after earning an MBA opens the door to a higher salary, a better job, improved abilities, and so on. In this blog, we have discussed which course is best after completing an MBA and the career opportunities after an MBA degree.
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Best Courses After MBA
If you want to delve into bigger opportunities by pursuing the best degree after an MBA, below are the best courses listed.
Financial Risk Management (FRM)
Financial Risk Management [FRM] is a worldwide recognized degree awarded by the GARP (Global Association of Risk Professionals) designed to provide persons with risk management abilities. The course's primary goal is to teach you the fundamentals of managing credit risk, liquidity risk, market risk, and non-market financial risks. Some of the important topics covered in the FRM course are credit risk, market risk, operational risk, liquidity risk, interest rate risk, risk assessment tools, foreign exchange risk, and regulatory and compliance considerations.
Top Colleges for Financial Risk Management:
- University of New South Wales
- University of Toronto
- University of Glasgow
- Trinity College
- Durham University
Chartered Financial Analyst Course (CFA)
The CFA Institute offers the Chartered Financial Analyst course, which is a worldwide accepted professional degree. It is regarded as one of the most renowned and respected degrees for investment professionals around the world. The CFA program aims to give applicants a thorough understanding of investment management, financial analysis, ethics, and professional standards.
ISB’s Certificate Programme in Business Analytics (CBA)
The esteemed Indian School of Business (ISB) offers the Certificate Programme in Business Analytics, designed to provide professionals with the skills and knowledge they need to succeed in business analytics. It is a short-term executive program designed for working individuals who want to build a strong foundation in business analytics.
Doctor of Business Administration
The Doctor of Business Administration degree will provide you with a competitive advantage in the fast-paced management and business world. It also helps in the research and professional development required to pursue high-paying managerial positions. The DBA program is primarily intended for experienced professionals, senior executives, entrepreneurs, and those who want to expand their knowledge by combining academic research with practical applications.
Top Colleges for a Doctor of Business Administration:
- Washington University in St. Louis
- University of Florida
- Drexel University
- University of Dallas
- St. Ambrose University
Certified Information Systems Auditor (CISA)
Certified Information Systems Auditor (CISA), a worldwide recognized qualification, is a professional course provided by the Information Systems Audit and Control Association. The certification course is intended for professionals working in information systems, auditing, control, and assurance. CISA provides professional prospects in a variety of industries, including IT, finance, consulting firms, and government agencies. The course will provide you with the knowledge and skills required to detect vulnerabilities, evaluate controls, and protect the integrity of information systems.
PhD in Management
A PhD in Management is a research-focused degree that teaches and refines the principles of business management and leadership skills required in this profession. You will be responsible for monitoring, controlling, leading, planning, and arranging business activities. The focus of this course is comprehending business difficulties in an ever-changing environment. The course is designed to last 4-5 years, and you will be required to devote all of your time to research at the beginning of the third year.
Certified in Production and Inventory Management (CPIM)
CPIM Certification is a suitable course for people wishing to pursue supply chain management courses after completing their MBA. APICS offers a globally recognized credential, with coursework available online. It consists of five courses and two main APICS tests, with prices of $495 for APIC PLUS Members and $690 for CORE Members or Non-Members for each exam. You can pursue your career in Logistics, Supply Chain Management, and Material Management after finishing this short-term certification course.
Career Options After the MBA
The career opportunities for MBA graduates abroad have a lot to do with your specialisation and the university you choose. Here we have discussed the top 5 specialisations for an MBA abroad along with the possible job opportunities available after an MBA abroad.
Operations
This is one of the highest-paying MBA jobs in the world. Pursuing an MBA in Operations equips you with the skills that would be required in the business to manage supply chain and logistics. Operations Management is the backbone of any business. It includes optimising resources, products, and design flows to establish an effective supply chain network. Here we have listed some popular jobs in the Operations Management sector after an MBA.
|
Job Title |
Average Annual Salary |
|---|---|
|
Purchasing Manager |
USD 86,140 (INR 71,88,340) |
|
Logistics Manager |
USD 93,780 (INR 78,25,900) |
|
Supply Chain Manager |
USD 70,644 (INR 58,95,210) |
Business Analytics
Business Analytics offers the top-paying jobs for MBA graduates at the present time. This is all about the systematic analytics of data to reach valid conclusions and decisions of the company. The job responsibilities of a business analyst are to lead the data-driven analysis, create analytic models, etc. Some of the job titles under this category abroad are given below.
|
Job Title |
Average Annual Salary |
|---|---|
|
Business Systems Analyst |
USD 85,701 (INR 71,51,710) |
|
Business Strategist Analyst |
USD 94,559 (INR 78,90,900) |
|
Business Application Analyst |
USD 72,460 (INR 60,46,750) |
Finance
Finance is another one of the popular and top-paid specialisations across the world. This offers a rewarding career to students in major sectors such as international finance, taxation, insurance, wealth management, etc. It also provides an opportunity to work as a financial advisor and financial planner in some top ventures. Some of the top-paying finance jobs after an MBA abroad are given below.
|
Job Title |
Average Annual Salary |
|---|---|
|
Finance Analyst |
USD 70,667 (INR 58,97,130) |
|
Finance Consulting Manager |
USD 70,000 (INR 58,41,470) |
|
Financial Management Associate |
USD 62,673 (INR 52,30,030) |
Marketing
Marketing is also considered a popular degree among students who want to study business along with knowledge of the marketing side. This will provide knowledge of consumer behaviour and discover the products that most people want to buy.
Pursuing this will help you learn how to create, communicate, and deliver certain values for fulfilling the target market and earn profits from them. Popular jobs for marketing students along with their average salary are given below.
|
Job Title |
Average Annual Salary |
|---|---|
|
Marketing Manager |
USD 96,194 (INR 80,27,340) |
|
Business Intelligence Manager |
USD 90,381 (INR 75,42,250) |
|
Client Success Specialist |
USD 70,578 (INR 58,89,700) |
Economics
Economics is also one of the most considered specialisations across the world. The role of an economist is to collect and analyse the data, trends, and the evaluation of economic issues for resources, goods, and services. This provides you to work in areas such as operations research, information science, econometrics, business intelligence, and many more. Some of the job titles under this category abroad are given below.
|
Job Title |
Average Annual Salary |
|---|---|
|
Economic Development Analyst |
USD 60,819 (INR 50,75,320) |
|
Research Economist |
USD 84,562 (INR 70,56,660) |
|
Economic Analyst |
USD 74,648 (INR 62,29,340) |
From the Desk of Yocket
Completing an MBA lays a solid foundation for future advancement in management and business administration, but the path does not end here. MBA graduates can broaden their skill sets, stay ahead of industry trends, and remain adaptable in an ever-changing business environment by carefully choosing specialised courses that are customised to their professional goals. Whether honing financial skills, mastering data analytics, or fostering entrepreneurial ambitions, these post-MBA courses serve as catalysts for ongoing learning, professional development, and long-term success in the dynamic business world.
Yocket Premium provides comprehensive assistance for securing admission to your preferred university. Yocket's expert counselors will guide you from program selection to visa application approval. To know more about the best study options after an MBA, connect with Yocket experts today!
