Government Jobs After MBA: Top High Paying Jobs and Important Tips to Crack

As an MBA graduate, you might be wondering about the career paths available to you. While the private sector often comes to mind first, have you considered the countless opportunities in government jobs after MBA? These roles offer a unique blend of job security, societal impact, and professional growth. 

In this blog post, we’ll explore the top government jobs after an MBA, preparation tips, and important factors to consider when pursuing a career in the public sector.

Top High-Paying Government Jobs after MBA in 2024

Government jobs are always the first priority for any person because the kind of benefits an employee will get is countless from good salary to health benefits that are given by government companies. But what’s better is that an MBA holder can also apply for a government job after MBA. Here, we will explore the government jobs provided by top companies Civil Services Examination (CSE) The Civil Services Examination, conducted by the Union Public Service Commission (UPSC), is the most prestigious government jobs after MBA. Desired jobs like Indian Administrative Service (IAS), Indian Foreign Service (IFS), and Indian Police Service (IPS) are accessible through this exam. While competitive, these roles offer unparalleled opportunities to shape national policies and implement large-scale projects.
Post Salary Range (INR)
Indian Administrative Service (IAS) 56,000 – 2,50,000
Indian Police Service (IPS) 56,100 – 2,25,000
Indian Foreign Service (IFS) 60,000 – 2,40,000
Indian Revenue Service (IRS) 56,100 – 1,77,500
Indian Civil Accounts Service (ICAS) 56,000 – 2,50,000
  Indian Economic Service (IES) Test
For MBA graduates with a passion for economics, the IES test is an excellent option.This UPSC-administered test selects personnel for the Ministry of Finance’s specialised Indian Economic Service. Economic policy formulation and implementation heavily rely on IES personnel.
Grade Basic salary  (INR)
Junior Level 15,600 – 39,100
Senior Scale 15,600 – 39,100
Higher Administrative Grade 67,700 – 78,800
Higher Administrative Grade 80,800 – 1,22,400
  Reserve Bank of India (RBI) Grade B Officer Test The RBI Grade B Officer test is another lucrative government job after MBA. Successful candidates work in various departments of the central bank, including Monetary Policy, Banking Regulations, and Economic Policy Research. This role offers an opportunity to contribute to the country’s financial stability and economic growth.
Parameters Salary Range (INR)
Basic pay 55,200
Pay scale 55,200 – 99,750
Gross emoluments 1,08,404
  Combined Graduate Level Examination (CGL) by Staff Selection Commission (SSC) The SSC CGL exam opens doors to various ministries and central government departments. This is an excellent option for MBA graduates looking for diverse career opportunities in the public sector. Positions are available in organisations like the Central Bureau of Investigation (CBI) and the Income Tax Department.
Level Salary Range (INR)
Pay Level 4 25,500 – 81,100
Pay Level 5 29,200 – 92,300
Pay Level 6 35,400 – 1,12,400
Pay Level 7 44,900 – 1,42,400
Pay Level 8 47,600 – 1,51,100
  Probationary Officer (PO) Examination by Institute of Banking Personnel Selection (IBPS) For those interested in banking, the IBPS PO exam is a popular choice among government jobs after MBA. This exam recruits officers for various public sector banks, offering a stable career in the financial sector.
Post Salary Range (INR)
Grade Pay 4,600 – 5,400
Basic Salary 36,940 – 42,860
Monthly Gross Salary (Approximate) 85,000 -1,03,000
  State Bank of India (SBI) Exam for Probationary Officers (POs) Similar to the IBPS PO exam, the SBI PO examination is specific to India’s largest public sector bank. This role offers excellent growth opportunities and exposure to various aspects of banking.
Parameters Salary Range (INR)
Basic Salary 36,000 – 41,960
Allowance 50-60% of basic salary
Total Monthly Salary 54,000-67,132
Probationary Officer (PO) Examination of the National Institute of Bank Management (NIBM) The NIBM PO exam recruits officers for specialised financial institutions like the Export-Import Bank of India (EXIM Bank) and the Small Industries Development Bank of India (SIDBI). This is an excellent government job after MBA for those interested in development finance.
Post Salary Range (INR)
Probationary Officer 36,420 – 1,41,240
  Central Excise and Customs (C&CE) Inspectors Exam This exam recruits inspectors for the Central Excise and Customs department, who are responsible for indirect tax collection and customs law enforcement. It’s an ideal choice for MBA graduates interested in taxation and international trade.
Parameters Salary Range (INR)
Gross Salary 41,003 – 46,183
Grade Pay 4,600
In-hand Salary 36,864 – 42,044
  Indian Railways Management Service (IRMS) Examination
Indian railways has the biggest transportation and connectivity in India that hires employee through the IRMS test. The IRMS exam is perfect for MBA graduates interested in the transportation sector. As the largest employer in India, Indian Railways offers diverse roles in management and administration.
Level Salary Range (INR)
Junior 15,600 – 39,100
Senior 37,400 – 67,000
Junior 67,000 – 79,000
Higher 75,500 – 80,000
Principal 80,000
Please note: As based by the current data these fees are offered in the market. Therefore, the former could easily be higher or lower depending on the area under consideration. 

Top Government Jobs After MBA: Eligibility Criteria

Getting a government job is not easy. There are certain eligibility criteria before applying for a job. Some important qualification criteria are as follows:

  1. The candidate must have received at least a 60% on a recognised board’s intermediate exam.
  2. The candidate must have earned at least a 55% grade in their degree from an accredited university.
  3. Applicant must have passed MBA graduate from a recognised university with a minimum 55% marks
  4. They must also fulfil additional requirements as stated in the organisation’s terms and conditions.
  5. Applicants need to take entrance exam for a specific position 

Essential Preparation Tips for Government Careers After an MBA

Securing a government jobs after MBA requires dedicated preparation. Here are some key tips:

  1. Understand the syllabus thoroughly: Each exam has a specific syllabus. Become acquainted with the ideas, subjects, and format of the test.
  2. Practice regularly: Solve previous years’ question papers and participate in mock tests to assess your progress and identify areas for improvement.
  3. Improve time management: Develop strategies to maximise your performance during the exam.
  4. Stay updated on current affairs: Many government jobs after MBA require a good understanding of current events, especially in economics and public policy.
  5. Seek expert guidance: Consider enrolling in coaching programs or consulting experienced mentors for insights and personalised preparation plans.
  6. Enhance your English language skills: Many exams test English language proficiency. Read regularly, practice comprehension passages, and work on your grammar.
  7. Stay motivated and consistent: Preparing for competitive exams requires persistence. Stick to your study schedule and maintain a positive attitude throughout your preparation.
  8. Take care of your health: Prioritise your well-being during preparation. Ensure adequate sleep, a balanced diet, regular exercise, and short breaks to refresh your mind.

Top Government Organisations Offering Jobs to MBA Graduates

Here’s a table showcasing some of the top government organisations offering jobs to MBA graduates:
Air India Express BEML Limited ITI Limited
Department of Urban Development and Housing, Government of Bihar Tripura Rural Livelihood Mission (TRLM) Cement Corporation of India
Engineering Projects India Limited IIT Kharagpur City Union Bank
Coal India Limited State Bank of India Central Bank of India
Municipal Co-operative Bank Mumbai National Housing Colony Bank of Baroda
Panipat Urban Co-operative Bank Limited Bharat Electronics Limited NABARD Consultancy Services
The Sher-e-Kashmir University of Agricultural Science and Technology IIT- Gandhi Nagar Arunachal Pradesh Public Service Commission
Bangalore Metro Rail Corporation Limited UPSC and State Public Service Commissions IBPS
RBI National Bank for Agriculture and Rural Development National Institute of Biomedical Genomics


Essential Factors to Consider for Government Jobs after MBA

When considering government jobs after MBA, keep these factors in mind:

  1. Entry-level scenario: While there are many entry-level positions, initial salaries might be lower compared to the private sector. However, job security and benefits often compensate for this.
  2. Perks and benefits: Government jobs typically offer excellent benefits, including medical coverage and housing allowances. These have the potential to greatly increase your total pay.
  3. Career growth: While career progression might be slower than in the private sector, government jobs offer stable growth trajectories and opportunities for continuous learning.
  4. Job security vs. accountability: Government jobs are known for their stability. However, there’s an increasing focus on performance and accountability in the public sector.
  5. Competency rewards: Government agencies are increasingly seeking candidates with specific skills matching job profiles. This trend favours MBA graduates with relevant specialisations.

Conclusion

Government jobs after MBA offer a unique blend of job security, societal impact, and professional growth. While the private sector might offer higher initial salaries, the public sector compensates with excellent benefits, job stability, and the opportunity to contribute to national development.

As you explore these opportunities, consider your long- term career objectives, interests, and the kind of effect you want to make. Whether you decide to shape financial strategies at the Reserve Bank of India, drive rural advancement with NABARD, or drive administrative reforms as an IAS official, government jobs after MBA offer diverse and fulfilling profession paths. Some roles allow for more effect than others.

Remember, securing these positions requires dedicated preparation and a clear understanding of the examination processes. Start your preparation early, stay consistent, and keep yourself updated with the latest developments in your chosen field. With the right approach and mindset, you can turn your MBA degree into a successful career in the public sector, contributing to India’s growth story while achieving your professional aspirations. For more career counselling and information, connect with Hike Education expert counsellors.

Government Jobs After MBA: FAQs

Q1. Is there a government job after an MBA?

There are various government job opportunities after an MBA some of them are IAS, IPS, and IFS.

Q2. Is MBA better than government jobs?

The majority of Indians are faced with the decision of whether to pursue an MBA or a government job. It all depends on the kind of career you wish to follow.

Q3. Which government exam is best after an MBA?

The top exams for government  govt jobs after MBA is UPSC Civil Services Examination and Indian Economic Service (IES) Examination.

Q4. Is MBA valid for government jobs?

MBA graduates can explore various roles in the government sector, including managerial positions in public sector banks, financial institutions, PSUs, and administrative roles in government departments.

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