Courses After MBA: Thinking What To Do After an MBA? Here Are The Best Courses for You. Procuring an MBA degree is a really proud moment for anybody. But as they say ‘the sky’s the limit,’ thus at times, a student feels unsatisfied even after the completion of the course. There are numerous courses to opt for even after an MBA which many are aware of. Today, we will discuss a few prime courses after MBA for a bright and successful career.
What are Some Popular Courses after MBA?
- Financial Risk Management [FRM]
- Doctor of Philosophy (PhD) in Management
- Chartered Financial Analyst (CFA)
- Financial Risk Management [FRM]
- Doctor Of Business (DBA)
- Project Management Professional (PMP)
- ISB Certificate Programme in Business Analytics (CBA)
The above-mentioned courses help the student increase the chances of high-paying jobs and he or she gains specialization in a specific field of study. If you are exploring opportunities for a better scope, let us discuss a few details of courses after MBA.
Financial Risk Management [FRM]
Industry Domain/ Job Opportunities/ Salary: After availing the degree of FRM, the candidate can opt for jobs such as Financial Risk Manager, Senior Risk Analyst, Chief Risk Officer, Head of Operational Risk, Director of Risk Management, or Audit Consultant. The possible industry domains are banking, credit agencies, government organizations, technology vendors, insurance firms and corporations. The entry-level annual salary based on skills and experience is INR INR 5,50,000.
A student can pursue specialization with a globally recognized degree, certified by GARP (Global Association of Risk Professionals). The course opens better opportunities in the field of risk management skills. The core subjects are credit risk, liquidity risk, non-market risk and market risks. The student can either opt for a degree program or give the FRM examination.
Doctor of Philosophy (Ph.D.) in Management
Ph. D. is the most reputed degree in the science of management. The duration of completion of the degree is 3 years and can be completed within 6 years. Any person who is a holder of a Master’s degree or M. Phil degree with more than 50% marks can take admission for Doctor of Philosophy (Ph.D.) in Management. The course involves research and focuses on the skills related to management, leadership and planning.
Industry Domain/ Job Opportunities/ Salary: The jobs offered are Associate Professor, Management Consultant, Policy Analyst, Change Manager, Corporate Trainer, Data Scientist in corporations, financial organization, universities, other fields such as public policy or working independently. The entry-level annual salary of INR 7,00,000.
Chartered Financial Analyst (CFA)
While the Chartered Financial Analyst program can be pursued after graduation, many candidates prefer to pursue the course after MBA. After the completion of the course, the professional is awarded as “CFA charter.” The course takes about four years to complete three levels. The professional is considered eligible only if he or she has previous working experience in the field.
Industry Domain/ Job Opportunities/ Salary: The course opens doors to opportunities such as financial advisor, financial strategist, analyst, credit manager, consultant or portfolio manager, etc. The salary offered at the early stage is INR 6,25,000. The CFA charter helps individual clients with the financial performance of their firm.
Doctor Of Business (DBA)
Doctor of Business, also known as DBA is a research doctorate degree for advancement in research of business studies and administration. The doctorate degree is equivalent to a Ph.D. in Business Administration. The course makes the student eligible to be a lecturer, professor or researcher in any organization.
Industry Domain/ Job Opportunities/ Salary: The student of DBA can conduct his or her own research in a preferred field of study, work independently, or become a research analyst, professor or consultant in organizations. Organizations or corporate industry or academic institutes have a high demand for DBAs. The salary offered exceeds INR 8,00,000. The students are also invited as guest lecturers, consultants and publish articles and research papers.
Project Management Professional (PMP)
This popular course after MBA helps students explore areas such as Monitoring and Controlling, Project Execution, Initiating, Closing, etc. The duration is 4 years including leading projects and securing CAPM certification and experience 35 hours of training. The candidate needs to attempt and clear the examination for obtaining the certification.
Industry Domain/ Job Opportunities/ Salary: A PMP certification promises a 20% increase in salary. The jobs offered are Engineering PM, aerospace project manager, pharmaceutical researcher, consulting project manager, Resources project management. The options are wide such as fields of mining, healthcare, farming, engineering, corporate, etc. The salary offered exceeds INR 10,00,000.
ISB Certificate Programme in Business Analytics (CBA)
The high demand for data analyses makes this course a popular choice among MBA graduates. Big corporations hire people for analyzing business performance and look for CBA students for the position. The courses provide practical knowledge and skills to students to plan effective strategies by evaluating past data in the one year course. The full-time course includes attending many lectures, sessions and learning new practices.
Industry Domain/ Job Opportunities/ Salary: ISB Certificate Programme in Business Analytics (CBA) can open business data roles for enterprises. Industries such as finance, banking, blockchain, sports, e-commerce, media and healthcare have a high demand for CBA graduates. Numerous business analyst and data science manager job roles are available in the market with a starting salary of INR 4,00,000.
Some of the other courses are
- D. in Banking Technology
- SAP courses
- Certified Bank Manager Programme
- Tally, Computer Applications or other technical programs
- Short term courses offered by The Institute of Cost Accountants of India
- Post Graduate Diplomas in Computer Application
- NCFM – NSE’s Certification Course for Financial Markets
FAQ’s On Courses After MBA
Question 1.
What are some of the courses I can opt for after an MBA?
Answer:
For a bright future, one can continue studying for different specializations such as Human Resource, Finance, Marketing, Business Management, Business Analysis, etc.
Question 2.
How can courses after MBA help in my career?
Answer:
The courses offered can provide an advanced skill set specific to the field.
Question 3.
Where can I find the best jobs after MBA?
Answer:
You can find the best jobs in banks, insurance companies, corporations, universities, research departments, security firms and financial organizations.
