Education and Career Forum

I want to know what is the career options after MBA and is there any job in banking field after MBA if yes what about salary?

MBA or Masters in Business Administration graduates get plenty of job opportunities in India. There are plenty of jobs for MBA graduates to grab in India. These jobs are not limited to one particular sector since MBA pragrams prepare students to work in the management field regardless of the company and industry.

This is why you would see MBA graduates working in the field of Banking, Stock Broking, Medical, IT and several other industries. This pretty much answers your question that yes there are jobs in banking sector for the MBA graduates. However what kind of job you would get purely depends on the subject of your MBA course.

You can do MBA in various branches such as:

IT

HR

Operations management

finance and many more. Your subject for the MBA course would ultimately decide in which field you will get the job.

You can get various jobs in the fields like:

Accounting

Real Estate

Money Management

Commercial Banking

Insurance

Investment Banking


Now to work in the banking sector, you need to have MBA in Finance. This degree would allow you to work not just in the banking sector in other areas as:

Financial Managers

Risk and Insurance Managers

Investment Banking

Credit Managers and Specialists

Treasurers and Finance Officers

Accounting Managers

Now as far as pay is concerned it really depends of the job and company. But you can expect the starting pay of around Rs 25,000 to Rs 30,000 which could easily go in six digit figure as you will gain experience and work hard to deliver good results for the company.

Typically candidates who have completed MBA from IIMs get better options. However this rule does not apply on each occassion but yes several big companies and banks hire candidates from IIMs.

To get admission in IIM you will have to appear in Common Admission Test (CAT). To appear in CAT you need at least 50 percent marks in graduation course. Students belonging to SC/ST require 45 percent marks to appear in CAT. After performing well in CAT, you can apply for various IIMs in India.

The selection process of each IIM is different. While they all give importance to CAT score, you performance in 10th and 12th also matter these days. IIMs prefer candidates who have at least secured 70 percent to 80 percent marks in both 10th and 12th. The requirement of percentage varies from each IIM.

i have interest in particularly english.I like studying it then any other subject. I want to develop my career according to my interest. Thus i want to know what are various careers in english..what can i do after 12th in this particular subject..also mention..salary in each cource..thnkz..

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If you are an MBA graduate you can find the better opportunities in the IT Companies. As you are interested in Banking, then you can prepare for IBPS PO's (probation officers) to enter into the banking field.