So, you have recently completed your MBA and are looking for a job. But I get it, the hiring conditions these days are rough. And that’s why you are looking for alternatives or additional skills that will help you get hired.
So, what to do after an MBA? You actually might have had thought that hiring managers will long to see you at a workstation because you are an MBA! That’s harsh ,but this is the reality of the situation that we live in.
In the current scenario, hiring an MBA is not considered to be worthwhile. Especially if they come from a college which gives no real industry exposure. What good is it for a company to hire an MBA who is not trained when you need to pay him/her higher? The company will naturally be inclined to hire a person who is a little less educated but is trainable. He can be hired for much less.
This doesn’t mean that you have to give up and get dejected. If you have done your MBA from a regular college where the degree is taught more or less like a theoretical subject, you need to gear up and come up with a new strategy. You need to add some practical skills to your resume.
Difficulty getting hired is not a problem for MBA pass-outs from Tier 1 and Tier 2 B-Schools. It is a problem for passouts from mediocre colleges. Taking an MBA course from a low grade college is a very bad idea, and if you have a friend looking to do it, just advise him not to. Instead do some job oriented course or study hard to get into a better college.
But, here is the trick. If you skill yourself in the most in demand skills in the Market, you will have an offer in your hand much earlier than you would expect.
Let me go through the skills that are taking the job market gaga, one by one. Since, MBA is done in different subjects, there can’t be a one size fits all solution. We will take on each specialization in MBA and discuss the best plan to beat the heat of non-hireability.
Let’s get ready, set and here you go:
What to do After an MBA in Marketing?
This is the easiest advice to give. If you are an MBA in Marketing, and not getting hired, you should seek a Digital Marketing Course and get trained. Digital Marketing is growing the word over and it will continue to grow.
India is expected to have around 2 million jobs in Digital Marketing by 2022. That’s whopping.
With regards to the perks and salaries, a job in Digital Marketing can compare to the best jobs in the Market. A Digital Marketer can easily earn from 10-30 lakhs in around 5 years in the industry. This kind of growth is truly much greater than anyone would get in any other industry.
However, if you have a creative bent and like to write or have a great wit, you can try out learning some copywriting. You can take a course in this as well and sharpen your saw. Copywriting jobs have also increased due to the increase in the application of Content Marketing by Marketers.
But in this case as well, a good understanding of Digital Marketing will be an added advantage. There is one more option that directly resonates with Marketing from an aesthetic sense. If you are a good techie, you can opt for a career in UI/UX and that’s what to do after an MBA. I mean take a course.
Finally, all Marketing needs analysis, if nothing from the above options excites you, then you can seek a role in Data Analytics for the Marketing department. It is of great value to take an internship in Marketing. This will give you the wings to fly as you will get a bit of a bird’s eye view of the industry.
What to do After an MBA in Finance?
There are a plethora of courses that a person can do after an MBA in Finance. This is to the extent that, what to do after an MBA in Finance should be obvious. Courses such as Financial Modelling, Business and Taxation, Chartered Accountancy etc are too well known even to be discussed.
But you can also look for a training in Data Science and become a Data Scientist. This is a great position to reach in the field of Banking and Finance. Forbes recently called the job of a Data Scientist to be the sexiest job of the 21st century. And with initial salaries ranging from 5-12 lakhs per annum, it’s a job to throng for.
The good thing is that you do not need any prior knowledge of technology to get started in this role. All you need is a willingness to learn. But there is a downside to it. The course will take anywhere between 7-9 months to complete. But over the weekend courses are a great way to get started with your journey in Data Science.
The kind of growth and job opportunities in this technology are humongous, especially with the saying, data is the new oil.
What to do After an MBA in Operations?
Again, if you are good with statistics and analytics which its pre assumed for an MBA in operations, the best course to take is that of Data Science or Machine Learning. That’s exactly what to do after an MBA in Operations if you want to earn big bucks.
Yes, Machine Learning will come with a need for you to know programming, but various Machine Learning Courses do offer supplementary courses in programming languages like Python.
The Python Programming language is great for a beginner as it works somewhat like the natural way human beings speak and it is also the easiest language to learn. It is expected that there would be 2.3 million jobs in machine learning by 2022. Also, we will see a 6% rise in Data Science and Analytics jobs year after year.
What to do After an MBA in IT?
An MBA is in IT is well poised to take a role in Marketing Technology. Hence, a course in Online Marketing is what he should do after MBA. But that’s not the only option. He can take a role in UI/UX design and be among the most in-vogue jobs out there.
These are not his only options. Roles in Data Science and Machine Learning will always be open to him, so that’s something to consider. Cyber Security Courses are great as well. In the last 5 years there has been an increase of 75% in these jobs. Just to give you a perspective of the job demand, there are about 5000 new jobs that are opened in Cyber Security every month.
With an increase in the use of the internet, the security of its users has been compromised. That’s the simplest reason to observe a rise in jobs in cyber security. Not only that, cyber security is thrilling as a field of study and application.
What to do After an MBA in HR?
If you are well versed with the basic accounting and compensation practises followed in HR, you would not need to do much more. That’s if you want to go into a core HR generalist position. But they are rare to find.
In case you enter recruitment, a course in Digital Marketing will be cool to have. It will help you a lot in both employer branding and head hunting on social media platforms. SAP certification in HR is another option that you can consider. But make sure to get certified in case you are serious about SAP.
Data Science and Analytics are two options for an MBA in HR if he/she wants to enter an MNC. But I would recommend taking an internship for the best results. That’s what you should do after an MBA.
In a nutshell, you need to take a course after an MBA to be relevant and hireable. The quicker you do it, the better it is. Make sure that you take up a course ASAP and not spend a month on the internet searching for what to do after an MBA. I know this by experience, when ever we procrastinate and over research, we miss out on the big picture.