Why MBA and Beyond
Why MBA and Beyond
Why MBA?
Opportunity Cost
– Tuition Fees
– Living Expenses
– Lost earnings
Want to shift from current career profile/industry – Yes
Significant upside on compensation in short term
(immediately after passing out) – Maybe
Within current industry change from Tech/Ops to
Management/Business – Yes
Build resume capabilities for executive/management roles
in the long term – Definitely Yes
Good education and perspective building - Yes
Most importantly – Building up a network of future industry
and thought leaders
What After MBA ?
Careers in IT
Consulting Client Development
Marketing
Business Analyst
Business Development
Security Management Consulting
Client Engagement
Technical Consulting
Program/ Project Mgmt
Strategic Marketing
What is Consulting?
Solutions providers by understanding the customer’s
business better than the customer himself
Trusted partner and advisor
Look at the business from an external perspective –
giving a fresh look
Analytical skills needed to critically and objectively
evaluate the business
Delink the ‘emotional’ from the ‘professional’
ERP - Functional Consultant
ERP Implementation
– Understand customer requirements
– Map them to ERP standard functionality
– Customize the gaps
– Conduct workshops / pilot room pilots / training
– Change Management
– Provide industry specific expertise
Careers in Finance
Finance Roles
Investment Banking
– Comprehensive financial advisory
– Capital raising services to corporations and
governments worldwide.
– Integrated approach to client coverage, organizing
bankers into industry, product and geographic
groups.
– M&A
Equity Research
Financial Markets
– FM Sales
– Dealing Room
Corporate Finance – Structured transaction delivery
for complex deals
Finance Roles (Contd.)
Corporate Banking
– Relationship Management
– New Business Development
Transaction Banking
– Product Management
– Product Sales
– Trade & Cash Management
Risk Management
– Compliance
– Legal
– Credit Risk
Operations and Credit Administration
Retail Banking
Deposits
Savings Account, Private Banking, Salary Account, Women's
Account, Fixed Deposits,
Investments
Bonds, Mutual Funds
Insurance
Loans
Home Loans, Car Loans, Personal Loans, Loans against
Securities, Two-Wheeler Loans,
Cards
Credit Cards, Debit Cards, Travel Card
Mobile Banking
NRI Services
Other Services
Careers in Marketing
Market Research
Monitoring competitors
Identifying market trends
Developing customer profiles
Monitoring market share
Evaluating brand images
Analyzing audience characteristics
Evaluating impact of advertising and promotion.
Evaluating distribution channels
Area Sales Manager
Entrepreneur
Manage Sales Officers, Distributors, Salesmen
Target: Managing and breaking up of targets
Allocation of resources & budget for promotions
Managing local promotions
Managing credit for distributors
Supply Chain
– Order of new stock
– Forecasting of sales
Coordinating consumer research
Field trips
Brand Manager
Budget
– Quarterly
– Region-wise allocation
New launches
– Pilot
– National
Execute instructions
– Marketing Manager
– Sales Manager
– Media & advertising agencies
Analyze Consumer & Media research reports
Promotional campaigns in consultation with marketing
Manage the sub brands
Careers in HR
How HR Spends Its Time
Source: Adapted from “How Much Time Should Your HR staff Spend on Recruiting?”
Human Resources Department Management Report, June 2000, p. 6. Figure 1–6
So finally what after MBA?