Top 9 Career Options after MBA in Strategy and Leadership

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Jagpreet

07 August, 2024

Top 9 Career Options after MBA in Strategy and Leadership

A career in MBA in Strategy and Leadership Management opens doors to great opportunities. Most of the graduates of MBA in Strategy and Leadership programme have agile skillsets that is highly valued across top industries. People who studies MBA in Strategy and Leadership learn how to make smart plans and guide companies to succeed. Most top companies need these skills. If you could help companies solve big problems and make sound decisions. It’s all about making smart choices and helping your business get better day by day. Learning all these can help you go far in your career.

Most companies need leaders who can see the big picture in the future and make crisp decisions. With MBA in Strategy and Leadership you can learn how to do that. In today’s world, businesses need to be quick and smart in growing. That’s why companies need people who have gained knowledge in Strategy and Leadership. Also, these people lead in businesses and  know how to make things happen.

What is MBA in Strategy and Leadership?

The MBA degree in Strategy and Leadership prepares students to step into strategic management and organisational leadership positions, and is particularly helpful when paired with a functional discipline like finance, marketing, or supply chain.

An MBA in Business Strategy is a programme that teaches students how to make big-picture management decisions that improve a company’s overall performance. It requires a mastery of business theory to understand what factors influence a company’s success or failure.

The core curriculum will likely cover the fundamentals of managing business development and growth, understanding corporate innovation, implementing strategy, and engaging in business analytics. Throughout the course, students will develop their skills in communication and liaising; decision-making and problem-solving; as well as strategic thinking, and compliance with regulations.

Scope after MBA in Strategy and Leadership: Top Sectors

If you have completed an MBA in Strategy and Leadership, the scope and career opportunities are quite high and endless. This degree helps you develop specific skills in decisionmaking and leadership, which are highly valued. You can also explore careers like management consulting, business development, or starting your own business.

With MBA in Strategy and Leadership you can create and think of your longterm plan and lead teams effectively.

The world is changing very fast, your leadership in management is essential for handling challenges and grab opportunities in global business or domestic forums. Some of the popular career sectors after an MBA in Strategy and Leadership are as follows:

Top Career Sectors after MBA in Strategy and Leadership Management

Management Consulting Leadership Development
Business Development Financial Services
Corporate Strategy Healthcare Management
Entrepreneurship Technology Management
Operations Management Nonprofit Management
General Management Retail Management
Strategic Planning Energy and Utilities
Business Analysis Human Resources
Project Management Marketing Management

Job Profiles and Salaries After MBA in Strategy and Leadership Management

Whether you are aiming to climb the corporate ladder or you want to start your own business, an MBA in Strategy and Leadership offers diverse career opportunities with competitive salaries. Most of the graduates pursue roles like Management Consultant , where salaries range from INR 8 LPA- INR 20 LPA, depending on the work experience and the company’s size.

While job profile such as that of a corporate strategist, focuses mainly on long-term planning and market positioning and earns between INR 10 LPA- INR 22 LPA. Roles like Project Management in India offer competitive salaries ranging from INR 8 LPA – INR 18 LPA.

Let’s list down all the job roles and their salaries that one may take up after an MBA in Strategy and Leadership:

  1. Management Consultant

    Management Consultants are responsible for providing guidance and advice to companies to improve their overall performance, productivity, and gaining more profits. The primary responsibilities of a Management Consultant include developing strategic plans to achieve business goals. Additionally, while evaluating financial data, including budgets, revenue helps in performance improvement. In short, management consultants play a major role in a company’s growth and success.

    • Salary Range of a Management Consultant: INR 20,30,000 – INR 28,30,983 per year

    • Average salary –  INR 24,50,604 per year.

  2. Business Development Manager

    Business Develpment Managers help companies to grow and reach more customers. They find new opportunities and make partnerships, and expand their market. They study and deeply analyse on what customers want and create solutions just for them. Business Development Manager discusses with companies how to make deals and keep bonds strong. It also works with multiple teams inside the company to make sure everyone is working towards the same goal.

    Business Development Managers chalk out marketing plans and manage advertising campaigns to attract potential prospects and bring more business to the organisation.

    • Average salary for Business Development Manager is INR 10,00,000 per year.

  3. Entrepreneur/ Startup Founder

    Entrepreneurs, or Start up founders, open new businesses. They generally come up with new ideas for products or services. Entrepreneurs have plans on how to make their ideas real and find new investors to support them, and hire people for the company’s growth. Additionally, they take risks to make the business successfully grow and solve problems along with it. Enrpreneurs also makes decisions about how their business grows and reaches more target customers.  Their only goal is to build a successful company.

    • Founder & CEO salary at Startup India ranges between INR 60.0 lakh to INR 100.0 lakh per year.

  4. Operations Manager

    An Operations Manager is someone who makes sure that everything in a company runs smoothly. Their daily activities include production, logistics, and inventory to make sure the products and services are successfully delivered on time. Their job is to make products that are delivered in high quality mode. Operations Manager also manages budgets and resources and helps teams meet goals.

    • The average salary for Operations Manager is INR 11,43,775 per year.

  5. Chief Executive Officer

    The CEO is the highest ranking executive in a company. CEO’s primary responsibilities include making office decisions and managing operations and resources. It also acts as the main point of communication between the board of directors and team operations.

    • The estimated total pay for a Chief Executive Officer is INR 30,60,000 per year.

  6. Marketing Manager

    Marketing managers organise and manage marketing campaigns to raise awareness of and generate demand for products and services. This broad definition can encompass a wide variety of activities, including: designing, managing, and evaluating marketing campaigns and directing social media engagement strategies.

    • The estimated total pay for a Marketing Manager is INR 15,50,000 per year.

    • Average salary of INR 14,00,000 per year.

  7. Investment Analyst

    An investment analyst is a financial professional who specialises in analysing financial and investment data in order to make buy, sell, or hold recommendations on securities.

    They aditionally work for  investment firms, banks, and pension funds to help managers make high-yield, low-loss investments.

    Some of the skills that are required for an Investment Analyst are:

    • Analytical Skills.

    • Financial Knowledge.

    • Research Skills.

    • Quantitative Skills.

    • Critical Thinking.

    • Communication Skills.

    • Industry Knowledge.

    • Risk Management.

    • Average salary for a Investment Analyst in India is INR 15.8 Lakhs per year

  8. Research Analyst

    Research analyst collects data for finance, analyse data and develop logical conclusions, and, in the end, prepares a logical conclusion. Requirements to be a research analyst: a bachelor’s degree in a business-related field is required, and a master’s degree in finance or certification as a chartered financial analyst is necessary. Depending on the nature of their job, they may also be required to obtain securities licence.

    • The average salary for Research Analyst is INR 6,00,000 per year in India.

  9. Corporate Strategy Manager

    The role of corporate strategy manager is to develop and execute strategies that matches with their overall goal with the company.  Corporate strategy manager work closely with seniors to make business decisions and ensure their company remains competitive in the job market. They also monitor and evaluate performance by using key performance indicators (KPIs).

    • The average salary for a Corporate Strategy Manager is INR 23,00,000 per year in India.

Closing Statements

In the present  day, many corporates and companies need people who have studied an MBA in Strategy and Leardership. They want leaders who can hold the company together, understand challenges that come their way, and help the business grow. You will also learn about how to make small plans, execute them, and lead your team to success. Additionally, with this special degree, you can choose various kinds of jobs, like consulting, strategist and starting your own business.

FAQS

Q 1: Is an MBA in strategy management worth it?

An MBA in strategy management is a highly valuable degree. This degree is for people those who are aiming for leadership roles, offering skills in decision-making and competitive strategy. It enhances career prospects in various industries by equipping professionals with strategic skills for company’s success.

Q 2: What is the salary of MBA in strategy?

According to Glassdoor India reports, MBA strategy earns high salaries. The salary for MBA Strategy ranges from INR 8-15 LPA initially.

Q 3: What is the highest paying job after MBA?

Chief Executive Officer (CEO) positions typically make up the highest paying post-MBA positions, followed by Chief Financial Officer (CFO) and Chief Operations Officer (COO).

Q 4: Which branch of MBA is highly paid?

Did you know that MBA specialisations such as finance, consulting, and technology management are high paid jobs because of their commercial significance and the demand for specialised skills in global markets?

Q 5: Which MBA is most in demand?

Here are Top 7 MBA Specialisation In Demand 2024

  • MBA in Human Resource Management.

  • MBA in Business Analytics.

  • MBA in IT Management.

  • MBA in Healthcare Management.

  • MBA in Logistics and Supply Chain Management.

  • MBA in Operations Management.

  • MBA in Data Analytics.


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