Day: June 11, 2024

In recent times, no one wants to be restricted to one domain, so they choose an MBA program to inherit new skills, upscale their higher education to match industry-based challenges and learn new business fundamentals. 

Here are the reasons why an MBA can be your turning point after earning a CA degree:

1. Growth in Career– An MBA program introduces you to several business domains, such as Marketing, Human Resources, Operations, Supply Chain Management, and others. The chances of getting hired become easy if you are an MBA graduate with fundamental skills like leadership, management, problem-solving, critical thinking, and many more to present in the industrial sector. 
2. Overall Business Knowledge– An MBA degree enhances your business knowledge and widens your strategic, managerial, and leadership skills beyond CA, mainly specified in the finance sector. Business knowledge helps you make insightful decisions and manage all business functions. 
3. Boosts Confidence– MBA graduates upscale themselves with much-needed confidence to excel in the job market and face the interview without hesitation. The hiring team checks your educational qualifications and emphasises soft skills that reflect how fit you are in diverse roles. The environment where you study hugely impacts your surroundings, which helps you boost your confidence and shapes your career.
4. Better Understanding of Management—There’s no doubt that CA can secure you financially, but what if you want to explore different leadership roles in the current business market? Here comes an MBA program that can help you with diverse specialisations and equip you with various learning and knowledge relating to business areas that will significantly lead you to higher management positions. 
5. Entrepreneurial– The crucial advantage of doing an MBA after CA is that it prepares you with solid leadership and management skills to help you become your own boss. Gone are the days when people prioritised a 9-to-5 job; now, in the evolving digitalised world, everyone wants to build their start-up and witness its success over the years.

Here is a table summarising the career options, their average salaries in India, and the top companies that hire for these roles: 

Note – Average salaries are subject to change based on market conditions and individual qualifications.

1. Data Scientist

In today’s world, data is everywhere. It seems impossible to avoid it, yet it is impossible not to embrace it. The insights derived from such analyses help firms formulate business strategies that enhance the appeal of their offers and satisfy consumers’ needs.

This is where data scientists come into play. Data science is a professional field in which a data scientist collects data and analyses it to make policies, decisions, or strategies.

After getting your BBA degree, you can choose to be a data scientist by learning more about data analysis, with data programming and improving your IT skills in statistics. As the business landscape evolves, BBA career options expand, offering graduates more opportunities to excel.

2. Digital Marketer

The digital marketing industry is evolving very fast. It is a marketing technique that includes selling products and services through technological themes like social media, search engines, and emails.

Marketing is one of the basic areas of a Business Management degree and also a field that offers knowledge regarding marketing strategies, customer psychology, and marketing analysis. This is one of the BBA career options for the future generation.

3. Business Analyst

Business analysts are crucial in helping organisations improve their processes, products, and services. They analyse business needs, identify areas for improvement, and recommend solutions to enhance efficiency and profitability.

When you complete your BBA, you’re ready to understand the business environments you intend to serve, mechanical and organic analysis, and business strategy.

To transition into the business analyst position, some extra education in data analysis, project management, and business intelligence may be necessary. This career opportunity is an excellent opportunity to be involved in different processes and contribute to the organisation’s performance. Business Analyst is the best-known BBA career option nowadays. 

4. Product Manager

Product managers create products and are held accountable for their success/independence. This team collaborates and engages with other functional teams, such as engineering, marketing, and sales departments, to guarantee that products comply with customers’ needs and business objectives. Product managers can also be the best BBA career options for the future generation. 

5. HR Manager

Human resource managers manage human capital, commonly referred to as HR, in carrying out organisational affairs. These include issues of staffing, training employees, maintaining good employee relations, and compensation and benefits.

The larger roles of HR managers comprise making sure that the work environment is congenial and that employees do not experience dissatisfaction.

To obtain this position, one requires knowledge and skills that may be obtained by pursuing a BBA degree with a major in human resources. Further, it is possible to acquire experience by working as an intern or as a holder of an initial position in the field of HR to achieve great performance as a human resources manager.

Human Resources (HR) offers compelling BBA career options, with job profiles such as HR manager and recruitment specialist focusing on talent management and employee relations

Read More: One-Year Online MBA Program: Eligibility, Fees, and more

6. Advertising Manager

They supervise advertising campaigns for products or services, ensuring customer awareness and demand. They collaborate with creative groups, media planners, and the client to ensure that advertisement campaigns and indexes reach the targeted people.

With a focus on creative and analytical skills, BBA career options like advertising manager and data analyst offer graduates diverse opportunities to thrive in various industries.

Therefore, having a BBA degree emphasising marketing or advertising will enable one to be fit for this position. It’s about consumers’ consumption and utilisation patterns, along with marketing and communication tools.

7. Financial Expert

Financial experts or Advisors are people with expertise in finance who assist people and firms in making sound financial decisions. They interpret business data, evaluate the prospects of an investment, and advise on how to acquire funding to fulfil certain objectives.

With this BBA degree focused on finance, you will develop a solid understanding of financial concepts, financial accounting, and investment analysis. You can pursue further academic credentials, such as CFA or CFP programs.

8. International Business Specialist

In a world experiencing higher degrees of globalisation, it is imperative to have international business specialists to help operating companies expand into other countries.

International business roles are prominent among BBA career options, providing job profiles like international trade specialist and global supply chain manager for those interested in global commerce.

They grasp elements of international business, the import/export of goods and services, and cultural variations, which assist organisation  in managing business operations in international markets.

To perform this role, an individual must possess specific fundamental skills and knowledge, which can be obtained from a BBA degree and a focus on international business.

You may also add other skills, such as learning new languages to communicate well with independent or developing countries, experience in international business or trade, or knowledge of global economic trends, that may help as well.

While you have an idea of what business financing is, let’s get to know more about its importance: