Five jobs that could pay six figures for MBA graduates

Still others are looking for international networking opportunities. What is another very common reason? They want to increase their chances of getting hired for the highest paying MBA jobs.

Naturally, it's going to happen. The goal of many students is to reap the rewards once they've graduated. MBAs are known to be highly profitable.

While salaries may vary from field to field and specialisation to specialisation for post-MBA jobs, many graduates can achieve above-average success. One hundred percent of McCoy College of Business MBAs at Texas State University landed a job within three months of graduation, despite economic restraints amid the pandemic.

Salary packages for MBA graduates are just as impressive. Graduates of Simon Business School earn 143,349 dollars per year; Scheller College of Business graduates earn 141,847 dollars; and North Carolina A&T State University graduates earn 77,857 dollars annually.

While many graduates are getting paychecks from these schools, not all of them are thriving in business. An MBA is well suited for careers in a wide range of sectors, from finance to technology to advertising to healthcare.

Here are five MBA jobs you could excel in if you are planning your next step:

Investment banker

Financial advisors are essentially investment bankers. They help their companies - and sometimes governments - raise money by issuing stock, floating bonds, negotiating acquisitions, or selling the company at an appealing price.

An organisation pays professionals well for their hard work, focus, and dedication to these proceedings. Investing bankers in the US earn an average salary of $253,258 per year, according to Salary.com.

Consultant

A tumultuous economic climate has not dampened the demand for consultants. Consultants are often called upon by organizations, large or small, to help them with difficult challenges.

Leading companies like McKinsey, Bain, and BCG continue to hire MBA students. Reports indicate that MBA hires at Bain and BCG can earn up to US$236,000 in pay (combined salary, performance bonuses, and signing bonus), while McKinsey MBAs can earn up to US$230,000.

Marketing manager

If you're good at persuasion, you might consider a career in marketing. You could become a leader in the industry if you have an MBA. Businesses and products are marketed by marketing managers. Some of them are marketing managers as well as salesmen.

Many struggling companies are willing to pay hefty salaries to those who can keep them afloat. US Bureau of Labor Statistics (BLS) data shows that they earn an average of $141,490 a year. Overall, advertising, promotions, and marketing managers are expected to grow by 6% from 2019 to 2029, faster than the national average.

Financial manager

With an MBA, you may be able to find management positions in a wide variety of sectors. Having a finance focus in business school is helpful if you plan to become a financial manager. In addition to an MBA, professional certifications could be just as effective.

Financial managers earned an average annual wage of US$134,180 in May 2020, according to the US Bureau of Labor Statistics. In addition, financial manager employment is projected to grow 15% from 2019 to 2029, faster than the average occupation.

Health services manager

Business and management skills are just as important in the healthcare field as they are in any other industry. Healthcare professionals perform this function to ensure healthcare facilities maintain a certain level of quality in order to adhere to government and accreditation requirements. As well as overseeing the performance of hospital staffers, they also oversee those in nursing homes.

It earns an annual wage of US$104,280, according to the BLS. What's even better? Managers of health care are expected to see their employment grow 32% from 2019 to 2029, much faster than the average for all occupations.

Divi Educare is a well-known name in the education industry. Divi educare has a team of expert counselors that will assist the students in choosing the best MBA Colleges in Delhi, we analyze the profiles of the students and suggest the best management schools based on their specific profiles.