Full-time MBA programs normally take place over two academic years (i.e. approximately 18 months of term time). For example, in the Northern Hemisphere, they often begin in late August or early September of year one and continue until May or June of year two, with a three to four-month summer break in between years one and two. Students enter with a reasonable amount of prior real-world work experience and take classes during weekdays like other university students. A typical full-time, accelerated, part-time, or modular MBA requires 60 credits (600 class hours) of graduate work.
Careers
An MBA prepares individuals for many types of careers. According to a survey by the Graduate Management Admissions Council, 64% of year 2012 MBA graduates used their MBA to change careers. Some of the more common jobs an MBA prepares one for include:
- Business analyst or strategist
- Business development analyst, associate, or manager
- Market research analyst
- Managing Director (of a department)
- Investment banker
- Entrepreneur/founder
- Financial analyst, associate, or manager
- Management consultant
- Marketing associate, analyst, or manager
- Portfolio manager
- Project analyst or strategist
- Product analyst, associate, or manager
- Program analyst, associate, or manager
- Operations analyst, associate, or manager
MBA Skillset
A manager is expected to lead a team of professionals hence the most important skills for a successful manager are good communication and leadership qualities. Take a look at some of the skills required for MBA/PGDM, below:
| Business acumen | Good communication skills |
| Problem-solving Skills | Management skills |
| Strong mathematical skills | Research oriented |
| Analytical thinking | Leadership qualities |
| Eye for detail | Goal-oriented & ability to work under pressure |
MBA Career Scope: Jobs and Salary
An MBA degree holder gets jobs which include team lead and managerial responsibility of the department. A manager’s job profile broadly includes planning, strategising, execution, leading the team, liaison with clients, coordinating with other departments, delegation of work and responsibilities, reporting to higher authorities regarding projects undertaken. Given below are some of the popular job options after MBA and their correspondin salary:
| Finance Manager | Rs 9.6 lakh per annum |
| Marketing Manager | Rs 10 lakh per annum |
| Sales Manager | Rs 10 lakh per annum |
| Human Resources Manager | Rs 4 lakh per annum |
| Operations Manager | Rs 7 lakh per annum |
| Product Manager | Rs 15 lakh per annum |
| Data Analytics Manager | Rs 14 lakh per annum |
| Digital Marketing Manager | Rs 4.5 lakh per annum |
| Advertising Sales Manager | Rs 8.5 lakh per annum |
| NGO Manager | Rs 5 lakh per annum |
| Project Manager | Rs 13 lakh per annum |
| Telecom Manager | Rs 7 lakh per annum |
| Transport & Logistics Manager | Rs 6 lakh per annum |
| Infrastructure Manager | Rs 11 lakh per annum |
| International Business Manager | Rs 9 lakh per annum |
| Risk Manager | Rs 10 lakh per annum |
| Energy & Environment Manager | Rs 6 lakh per annum |
| Import & Export Manager | Rs 6 lakh per annum |
| IT & Systems Manager | Rs 7 lakh per annum |
| Healthcare & Hospital Manager | Rs 4 lakh per annum |
| Materials Manager | Rs 6 lakh per annum |
| Retail Manager | Rs 5 lakh per annum |
| Supply Chain Manager | Rs 8 lakh per annum |
| Public Policy Manager | Rs 7 lakh per annum |
Scope of MBA: Top Companies
The scope of MBA is huge in the current job market. MBA graduates are in high demand in every industry and in every domain. Most of the MBA institutes provide campus placement to their students on completion of the full-time MBA course for a smooth beginning of their career.
All organisations, big or small, private or government, hire MBA degree holders in various capacities. Below is the list of some of the top companies that hire MBA graduates through campus placements:
| BCG | Citibank |
| Deloitte | ITC |
| Avendus | Samsung |
| Mahindra | ITC |
| Reliance | Vodafone |
| ICICI Bank | EXL |
| HDFC | Larsen & Tubro |
| JP Morgan Chase & Co. | HSBC |
| PWC | Philips |
| McKinsey & Company | Nestle |
| Aditya Birla Group | Cipla |
| RPG | Flipkart |
| Tata | Saint Gobain |
| TAS | Crisil |
| Wipro | Credit Suisse |
| Microsoft | Bajaj |
| Accenture | Infosys |
| Microland | GAR |
| Amazon | Pidilite |
| Asian Paints | McKinsey&Company |
