Highest paying jobs after MBA: Specialization with best salary
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- Опубликовано: 24 июл 2024
- Check out our top-rated mini-MBA online course (with certification) including business simulation games: www.mbacrystalball.com/online...
In this video, we cover:
- Which jobs pay the highest salary?
- Which specialization will get you the best compensation?
- - Covers majors such as strategy, general management, entrepreneurship, corporate finance, economics.
- What are the average salaries for early-career, mid-career and senior positions for each job? Includes detailed facts and median salary statistics for each job and each specialization.
- How does the salary change based on gender?
- What are the risks and drawbacks to be aware of while choosing top paying specializations?
Sameer Kamat, founder MBA Crystal Ball, answers all these questions.
Don't forget to pick up a copy of 'Beyond The MBA Hype':
www.mbacrystalball.com/beyond...
Also read:
- Business Specializations in Demand by Recruiters - MBA and other Business Masters
www.mbacrystalball.com/blog/2...
- How to select the right Masters / MS program and specialization?
www.mbacrystalball.com/blog/2...
- List of MBA Specializations: Which one to select?
www.mbacrystalball.com/blog/2...
- Master’s degree specialisations that pay the highest salaries
www.mbacrystalball.com/blog/2...
Get this popular mini-MBA certificate: www.mbacrystalball.com/online-courses/mini-mba-online/
Thank you for appreciating our work (and liking the video). Got questions about your MBA career goals? Share them below and we'll help out with some perspectives.
How can I contact you?
@@thekiterunner7082 What help are you looking for? If you have queries, you can post them here.
Hi @samir, what are your views on the new B school in town, BITSoM?
@@qwerty9591 Our focus is primarily on the global top 100 business schools. So we don't have much first hand insights to share on new Indian programs.
@@MBACrystalBall Is it the top 100 B schools from the FT ranking?
"Money is the root of all evil" - said no MBA grad, ever!
kamatsutra 101
@@Techion Why did you stop creating videos? I liked the Audacity video which was short, crisp and very practical.
@@sameer-kamat sir i cant express how much these words mean to me, its just that the me in 9th class was much more motivated and outgoing than me in 2nd year of college, I really want to restart my channel tho, not in the tech domain but something different , hopefully i will, it might become one of the extracurriculars for my mba appl xD. but thank you so much
@@Techion If a kid in the 9th standard could do all that, I can only imagine what you would be able to achieve now that you have age and experience on your side. Focus on your studies, and get back to video content when you feel ready. Expecting good things from you!
@@sameer-kamat certainly, i guess its time I say goodbye to procrastination, will definitely restart as i feel better and get some time in hand.
France is really good for management studies.. will love to see a france/UK based video
We already have videos on UK and France. Check them out.
Great video. Thank you
Can you please make a video or share an article that throws light on getting a job after MS in US? I really wanna pursue my Masters there but the fear of not getting a job is holding me back, especially when F1 and H1B come into play?
Also the situation right now... according to some statistics US is heading towards recession. Do you think it's wise to do masters there in next few coming years ..say 2024 or 2025?
Since our primary focus is on MBA programs, we haven't written much about MS careers. But as a general rule of thumb, it is riskier to go abroad as an international student with very little experience. It helps to have some pre-MS skills that recruiters will value. Otherwise it can be tough to compete with the locals. Which is one of the reasons MBA students fare better than MS students during job hunting.
hi, nice video.
btw can u tell about top b schools feeder sectors and industries. how many candidates working in core engineering domain get into top b schools across globe?
Not sure if there's any single survey that covers global breakup of applicants. But if you check out the class profiles of a few target programs, you'll find how the pie is split across industries.
On the query about feeder programs, we have several videos on the popular specialisations - consulting, finance / banking, product management. Check those out for the names of the top universities for each domain.
Hi, could you suggest weather to appear for GRE or GMAT if I'm not sure which program I wish to get into - MS, Tech MBA, Full time MBA 3-4 years down the line for a career in product management? Also, for FT MBA programs is GMAT preferred by admission teams or GRE is equally acceptable?
For FT MBA, both GRE and GMAT are equally acceptable by the top programs. But if you aren't sure of the degree and the test scores come with an expiry date, it wouldn't be a good idea to jump into test prep. Having said that, an MS degree makes better sense for students with less than 2 years of experience.
Mancho voice!! Love it!!
Can you plzz make a video on MS in Human computer interaction? Or name top colleges for HCI?
We don't have a list of such programs, but we do occasionally get requests to help with the application for MS in HCI. Here's one such story: www.mbacrystalball.com/blog/2017/04/12/hci-masters-cmu-georgia-tech-ms-scholarship-average-gre-score/
Very informative video thank you man ❤️🫶🏻
Recently,I have completed B. Com degree. Now, I am planning to do masters like MIM or MBA . Which one do you recommend me to do? Furthermore, I have no Work experience . I am planning for Canada
Why not get some experience first? We have a video on deciding between masters, MBA and work after graduation. Check that out for more perspectives.
Hi I did pgdm with marketing as major and planning to do Ms digital marketing in UK any suggestions
Think extra hard on why you want a second masters degree, and how the end result this time is going to be different this time. Do you already have an answer?
Can you tell the best colleges for strategy course which could help me get a nice placement in USA or UK
We have a separate video on how to get into consulting, which has a list of the top bschools for consulting jobs.
Good evening, pls I do have a question regarding the MBA specialization, in the case that I am not good in most calculations which ideal MBA specialization is best suited for me.
Can you please post this query on our most recent video? It's easier for us to track and continue the conversation there.
Hi. Can you list the best graduate supply chain management programs?
Here's a list of the top graduate programs in SCM:
www.mbacrystalball.com/blog/2017/03/31/masters-ms-mba-logistics-scm/
Sir my senior asked me to search what after 3 year computer science degree mba or ms....
And what answer did you get from your research?
Sir i did 2 bachlor degree in diffrent subject,which degree i can use for mba admission
Already discussing this with you on another video, so skipping the duplicate comments.
Sir , i had visited jamorie coaching and they told me that u have completed graduation from distance learning so uk usa Universities won't consider for 1 year mba , also my age is 35 so they told me u would rejected, plz guide me , also make video for those employees who are between 30 - 40 age are eligible for MBA , companies don't give enough salary so middle class take time 5-6 years to save money and could complete MBA dream
See if this is helpful: www.mbacrystalball.com/blog/2014/02/17/mba-after-correspondence-courses-distance-education/
Hiii ,I have few queries and they're.....
1.can science student can pursue MBA and if yes.....what drawbacks or difficulties can be there if chose MBA in the future ?
And I'm a science graduate i.e,bsc agriculture graduate soo i got 2 options to choose...AGRIMBA OR MBA in any other specialization what would u prefer me ???
1. Yes, you can pursue an MBA, but only after you are clear about what to expect from the degree.
2. Depends entirely on the career you want to get into. It won't be right to go blindly with what others suggest.
@@MBACrystalBall soo if i was thinking of going to Canada for pursuing MBA with bachelors degree in science....what prblms MIGHT i face or they won't be caring about what degree I have when It comes to choosing MBA!
Goes back to response 1. If you don't have clear career goals, you'll feel lost even after you get an MBA.
Which specialization is best for product management/ project management!
We have a detailed video on product management which should give you many perspectives on that question. Do check it out.
I'm doing MBA & confused 2 take HR, Consultant or supply chain management.. Can any 1 plz guide me ..??
Not a good idea to rely on what strangers recommend without knowing much about you. You'll have to take the call based on your interests, aptitude and career plans. Have you done any research or introspection on those?
Will an mba add value to a person who has completed Indian Chartered accountancy course ? Because iam planning to do so after completing my Ca , kindly suggest me whether to do or not .
It could, depending on your long term goals. We've helped several CAs get into the top bschools in India and abroad. Check out their stories to find out more about their motivation to pursue an MBA after CA. Here's one such story: www.mbacrystalball.com/blog/2017/08/28/580-gmat-score-top-mba-admits-scholarship/
@@MBACrystalBall thank you for your reply sir
But in all of the top 30 bschools employment report, average base salary is more than 90000$. So are they misleading?
B-schools aren't lying on their websites. But the process of averaging salaries itself is fundamentally flawed.
It ends up combining very high consulting and I-banking salaries with NGO salaries, given an incorrect picture. A small proportion on students' data ends up skewing the whole class average.
Instead of relying on the average for the entire class, it would be better to check what the recruiting company is paying - for the specific role you're targetting and in the industry you want to work in.
That's will give you a more reasonable salary estimate. And then check out how many students from your target programs ended up in that industry and company, over the years.
Which MBA specialization is best and recommended by you sir for mechanical engineering graduate?
There is no 'best'. It all depends on your interests and aptitude. Check out the video on specialisations to get a better idea of the most popular options and what they entail.
Sir please make a video on best specialization for international exposure and also to move abroad
Here's a video on the most popular MBA specialisations: ruclips.net/video/I0Mx0E-iyNg/видео.html
Many times I hear this from international jobs- 150000 plus stock options. What does that mean? Plus, are stock options rewarding for an employee working in the USA?
Stock options are an incentive to hold back employees in the company. If you stick around for long enough, you will get some shares in the company. This could be quite an amount if the company is growing.
@@MBACrystalBall How much does an employee get in the first year if he/she works in an MBB, Top Banks like Goldman Sachs?
Stock options are mostly preferred by tech companies, mostly startups where the upside can be high. Banks and MBB give big bonuses instead. Cash in hand works better.
Aftet graduation in eng.(civil) what is best for mba profile a job in psu or ies or corporate...
Based on your research, what's your take on the pros and cons of each?
@@MBACrystalBall honestly i think psu is better option as we have to prepare for gate only and paying scales are good enough for experience i have no idea about ies and yes corporate is bit too hectic as compared to psu so preparing for something else while working would be difficult also cant take much brake...i just wanted to know if it fits right in mba profile....also can you make a video on how to avail counseling at mba cb
While we do work with PSU applicants, their number tends to be lesser compared to private/corporate sector applicants. To add to your analysis, consider the fact that your growth in PSU may be slower (and tenure based) when compared to corporate.
If you haven't started working, it'll be too early to engage with us professionally. Give it a couple of years and then we can reconnect when you're ready to apply.
Btw, what is IES?
@@MBACrystalBall IES is indian engineering service's it is only for core branches i.e elec. Civil mech. Etc it is taken by upsc and is purely government (a class ) its syllabus is same as gate but it is descriptive and has gs extra...also what is ideal exp.
Kindly throw a light on the purchasing power parity between different countries. For example if we put 200000 us dollars in a PPP calculator it shows it is equivalent to 4000000 Indian rupees.
PPP can be helpful or misleading depending on the context. As you see in this case, it has used a factor of 20. But that doesn't mean a US salary will give you 20 times better value in India. A $200K salary in Silicon Valley for instance, is quite average considering the cost of living - primarily housing. Think about where you're going to use the USD amount rather than just doing a theoretical PPP conversion.
Is Silicon Valley CA expensive than New York City?
Not many would choose to live in NYC due to the absurd living costs. Most would find a more affordable place nearby (e.g NJ) and then take the metro to commute to work. With Silicon Valley, the radius of absurdly priced housing is much bigger. So overall, I'd say Silicon Valley is more expensive overall.
@@MBACrystalBall But isn't New Jersey far from NYC?
Can you please share link to this calculation website, thanks!!!
sir I'm a class 11 commerce student what are the qualifications , exams and preparations required for mba:)
We have several videos that explain all this in detail. Explore our channel and you'll find the information you're looking for.
kindly make video about mba in healthcare management
We've collated a list of the best MBA programs in Healthcare Management here: www.mbacrystalball.com/blog/2017/06/23/best-mba-healthcare/
For career change how does one get into various roles after an mba. Say from core engineering to operations or consulting. And how do we curate a resume to get noticed when we can’t use most of the things mentioned in the job description
1.Build a list of companies that have been recruiting from your program over the years.
2. Get in touch with alumni there, and find out more about the opportunities that interest you.
3. Ask them to forward your resume to the right person in the team.
When you don't have most of what they need in the job description, it means that you may not be a good fit for it. So, don't try to force fit yourself, as that can backfire later, if not immediately. Focus on roles where you can genuinely show an overlap in skills they need.
I am bsc life science student please tell me which is the best mba course
There is no 'best'. It all depends on your personal goals and preferences. Start off by considering what career you want to be in, and then work backwards. Have you done that introspection?
Be it CAR or an MBA degree
The question remains
Kitna deti hai?
Without the right mileage, an MBA degree is beCAR.
Hi , Which is the best job for a fresher in a marketing field after completing MBA in marketing ?
There is no 'best', as everyone has their own definition of what 'best' means for them. How would you define it?
@@MBACrystalBall best means good salary package
@@anagha.k.ajayan4742 That may not be the most optimum way to define best. There are tons of high paying marketing jobs at companies with very toxic cultures. Many get attracted by the CTC, without knowing what they are getting into. So be careful, if that's your only criterion for applying to marketing jobs.
Now I am BSC BZC student futher MSc is best or MBA is best can u say please sir
Depends on your career goals, so it's difficult for others to say. But our general recommendation is to get some work experience before considering a masters degree.
@@MBACrystalBall I want to do MBA but i am asking which is good MBA or MSc because in MSc stream there is no job's
If what you say is correct and verified, the choice is pretty clear, right?
Is mba really needed for getting into good consulting firms sir?
Many consulting firms recruit non-MBAs for their mid/back-office.
@@MBACrystalBall What's mid/back/front office in consulting
@@jaimesmith1086 Something on similar lines to this: www.mbacrystalball.com/blog/2018/06/25/front-vs-middle-vs-back-office-jobs-investment-banking/
@@MBACrystalBall Thanks for sharing Sameer
What about project management specialisation?
Due to the high degree of overlap in the underlying skills and the roles/responsibilities, product and project management are typically clubbed together by most bschools.
Thankyou@@MBACrystalBall
Sir, Please make a video regarding to Integrated MBA & Separate MBA
Can you explain what you mean by that? The terms are unfamiliar in the top international bschool circles.
Basically the tenure of MBA 2 year's but Integrated MBA take just one year because it is integrated cource including BBA of 3 years and MBA for 1 year program
I am pursuing my Integrated MBA in Parul University, gujrat
@@sarthakbodke6396 Thanks for clarifying. International universities (that we focus on) don't offer this format.
Is Supply Chain Management a good career path?
Potential and scale wise it is. But it also depends on whether you have an aptitude for it.
What you are doing now?
The LOVE of money is the root of all evil.
Can you please tell something about MBA specialization in IT? Is it good or not.. about career opportunities and salary..
We have a separate and detailed video on MBA in IT/Tech. Check it out.
@@MBACrystalBall What sounds harder to your "ears"? 1. Masters Degree in Accounting or 2. Masters Degree in Statistics?
@@scholarlyanalyst7700 Can you share the context behind the query?
@@MBACrystalBall Certainly. Now that you've asked. I want to know what my clients (and potential clients) think. It would be nice to be perceived by one's client base as being very smart. So, I am taking a survey that might influence my academic choices. Your answer will be one of several to help me determine what most people think. What most people think is probably what most of my clients will think.
@@scholarlyanalyst7700 Interesting approach. Generally, folks respond better to the reputation of the university/business school. Other than flagship programs (such as MBA), most aren't familiar with the rankings of individual courses. Also, it would be better to ask clients directly, instead of a generic mix of people who may have differing and possibly conflicting views. Would you agree with that rationale?
What about marketing ?
Marketing can also pay high salaries, but since there can be a big and highly-volatile variable component to the compensation, it can be difficult to talk about averages.
@@MBACrystalBall ok, thanks for explanation
Just got accepted to a MBA program.
Fantastic! Which program is it?
@@MBACrystalBall Collat School of Business at University of Alabama in Birmingham.
Enjoy your MBA experience! The memories will last a lifetime.
@@MBACrystalBall thank you
I'm sorry but I don't like the accent..my bad
That's the beauty of Indian spices and accents. The more you experience them, the more you'll fall in love with them. Till you get there, feel free to turn on the accent-free subtitles on our videos.