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20.2.15

 

Working sectors for Indian MBA graduates were left at the mercy of their fate. A retarding economy along with a sluggish industrial growth has put the burden on the MBA students when they could not get better jobs as per expectations and manage their education loan EMIs. However, things have changed since then and now with a growing economy and a change in GDP calculation has made things easier for the industry and the demand for professional degrees like MBAs are growing.

Some sectors of the industry offer best of the remuneration and perks to MBA graduates passing out of the top B-schools in India.

Information Technology Sector : This is a booming sector in terms of growth and prospects. An MBA graduate can join the I.T industry as a Business Development Executive, Product Manager, Project Manager, System Architect, I.T Operations and so on. Given the growth in this sector, a career in IT promises better salary and facilities as compared to other sectors in the market. Moreover, with this sector’s need, chances to be on-site becomes more prominent as people working in this segment are required to stay abroad for project support.

Finance : MBA graduates can also think of joining finance as it is the most sought after career by most of the MBAs. Also it is considered to be the sector for the crème de la crème candidates. People can find jobs in banking and non-banking sectors. You can work anywhere either in private or public undertaking companies. You can also be a part of the stock market, top-notch organization, finance ministry and related organizations. Beside these an Indian MBA graduate can run his own business. Salary is no bar for the qualified and skilled graduates.

E-commerce : With the advent of online shopping the e-commerce industry is emerging as next best sector for fresh MBA graduates to join. With the success of this industry people are vying hard to get into this sector as it promises better career prospects and lucrative growth opportunities. This sector is now the second most preferred job avenue for B-school graduates after the FMCG industry.

FMCG : According to Nielsen survey, the Fast Moving Consumer Goods (FMCG) sector has emerged as the sector of choice for business school graduates. With the FMCG growth in the country being driven by consumption, the sector continues to find favour with students who see it as a sector with huge growth potential.

Besides, management consulting, IT consultancy and services, investment banking, foreign and domestic banks, IT products and development, financial institutions, retail and conglomerates, etc. are some of the other lucrative sectors in which an Indian MBA graduate can think of working.

These are some of the best performing sectors in the country and in the international arena where an Indian MBA can find career prospects. While choosing a sector you must keep an open eye to understand a sector’s life span and its potential in near future and then join the same. It is always wise to ask experts and seek seniors’ advice before taking up a job in a particular sector.

 

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