Almost every graduate wishes to pursue an MBA, which is one of the most popular degrees. Whether you pursue a business or science undergraduate degree, you can choose from a variety of specialized MBA courses to obtain competence in your chosen subject of study.
After completing a BSc, graduates can choose from a variety of programs, with many opting for an MBA to learn more about the business world, build professional abilities, and understand management intricacies. To all those considering courses after completing a BSc, here is a blog that attempts to emphasize the benefits of an MBA after completing a BSc, as well as the most popular MBA specialities in the healthcare sector.
Getting an MBA after a BSc can help you advance up the corporate ladder. You will be able to improve your professional abilities and business knowledge. You acquire an advantage over your peers and have a better chance of getting promoted or progressing up the corporate ladder.
Why MBA after BSc?
An MBA, for example, is a globally recognized degree that can assist you in exploring interesting employment prospects. Furthermore, it provides you with current business trends, allowing you to construct your path into the professional and managerial elements of the healthcare industry.
Some of the most significant benefits of pursuing an MBA after completing a BSc are listed below:
Make a Name for Yourself in the Business World
A BSc degree may only be useful for finding entry-level jobs in your field. This is why many graduates aspire to obtain a postgraduate degree. After completing a BSc, you can pursue an MBA to increase your professional opportunities and learn more about the subtleties of the corporate world.
Acquire Management Skills
BSc graduates have a fundamental understanding of a particular discipline of science, and the undergraduate degree itself is more theoretical. The MBA is more of a professional education that pushes students to work on real-world challenges in the business area. Furthermore, management is a broad topic of study that encompasses a variety of sub-fields such as entrepreneurship, business communication, and human resource management, to name a few. As a result, an MBA essentially prepares students with managerial skills, as well as problem-solving and decision-making abilities, which are crucial for corporate management.
The MBA curriculum focuses on equipping students with knowledge of effective business management through a combination of theoretical and practical learning approaches, preparing them to be effective managers. An MBA, in contrast to a theoretical BSc, includes projects, presentations, internships, group discussions, company visits, and other activities to provide students with the best practical exposure and assist in personality development.
Benefits of Doing an MBA after BSc.
A science degree followed by a management degree opens up a wide range of prospects for students. It’s because employers are searching for staff who can provide a “one-stop solution” to a variety of issues. The sector has evolved beyond recognition, necessitating employees who are up to date on new technology and abilities.
Some of the benefits of pursuing an MBA after completing a B.Sc. include:
Advancement in your career
A B.Sc. graduate can also benefit from an MBA degree to improve their work. Consider the case of a dedicated employee who is having difficulty advancing in his career. They may easily enrol in and complete an MBA degree, allowing them to improve in their careers. Overall, combining an MBA with a B.Sc. can increase your job options.
Another benefit of this program is that it does not necessitate relocating or leaving a job. It is also available as a part-time, distance-learning program.
With the advancement of technology, the need for diversity has never been more important. People from similar origins are prevalent in the business culture. In such a setting, having multiple options to try out is always a good approach.
Should I pursue an MBA after BSc?
Students have a wide range of options after completing a B.Sc. programme. Aspirants who want to pursue the non-technical side of science and pursue a career in management and business in an innovative way. MBA is the finest option. MBA Following B.Sc., applicants will be a perfect blend of science and management, giving them an advantage in the corporate world, particularly in the healthcare and pharmaceutical industries.
A person may feel compelled to pursue a new area after completing a Bachelor of Science in one topic for three years and gaining specialized expertise.
An MBA following a BSc can offer you a leg up on the competition. It will also improve your employment prospects by allowing you to investigate better career opportunities and high-paying packages in a variety of industries.
MBA Specializations after BSc
The best part about an MBA program is that it offers a wide variety of specialization options that allow one to explore. One can learn from the cross-functional knowledge through a peer-to-peer learning curriculum under the guidance of faculty and lecturers. Some of the specializations for MBA after B.Sc. are:
MBA in Event Planning and Management
Introduction to and planning for event management, sponsorship and marketing, resource, team and crew management, advertising and promotion, human resource management, finance, and staff management, and much more are among the topics covered by an MBA in Event Management.
Events, business parties, advertising, and wedding functions are all managed by MBAs in Event Management. Aspirants operate in a variety of industries, including IT firms, hotels, the hospitality division, family gatherings, the healthcare sector, and entrepreneurs.
MBA in Human Resource
Industrial relations rules, HR management fundamentals, industrial relations fundamentals, labour legislation, and employee empowerment are among the MBA HR subjects. The course focuses on teaching workers how to work with clients, recruitment, payment processing, and maintaining a healthy employer-employee relationship, and it has a wide range of job opportunities because labour is always in demand.
MBA in Marketing
MBA Marketing is a two-year postgraduate degree program that focuses on improving students’ understanding of consumer behaviour, market behaviour, advertising, managerial communication, marketing research, and customer relationship management, among other topics. MBA Marketing graduates can find work in a variety of industries, including corporate sectors, digital marketing agencies, product development and services firms, and more. Continue reading to learn more about the MBA in Marketing program.
MBA in Banking and Finance
The MBA in Banking and Finance is a two-year full-time postgraduate program that covers financial management, corporate finance, and international finance topics. The course provides an in-depth look at banking management as well as financial and operational management insights. Graduates of this program can work in a variety of businesses, including corporations, banks, and educational institutions.
Career Options of MBA after BSc
Aspirants can have a look at some of the most popular employment choices available after completing an MBA program in one of the specialities listed below:
1. Human Resources
With an MBA in HR, HR executives can operate in a variety of industries, such as manufacturing, BPO/IT, corporate, service, education, banking, and so on. An HR manager is in charge of hiring, orienting, training, and evaluating employees for a company or organization.
HR managers are responsible for a wide range of responsibilities, including organizational structure, motivation, morale, and overall employee engagement. An HR Generalist or HR Specialist might start their career after acquiring an MBA in HR.
- Training and Development
- Employee Benefits
- Coordination with Employees
- Payroll Management
- Managing Competition
Another popular MBA specialization in finance is corporate finance. Students can concentrate on international finance, taxation, tax planning, investment management, insurance management, and financial statement reporting and analysis during this MBA program. Some of the most prevalent job roles for MBA in Finance graduates include the following:
- Financial Manager/Analyst
- Credit Analyst
- Accounting Manager
- Risk and Insurance Manager
- Finance Manager
- Cash Manager
3. Sales and Marketing
Sales and marketing are one of the most popular MBA specialities because there is never a shortage of job opportunities after completing a sales and marketing MBA program.
Retail, banking, hotels, media, and other businesses can all benefit from an MBA in Sales and Marketing. The following are some of the most common job roles that MBA in Sales and Marketing graduates can pursue:
- Brand Manager
- Marketing Manager
- Market Research Analyst
- Sales Manager
- Product Manager
- Media Planner
- Internet Marketing Manager
Scope of MBA after BSc
Following a bachelor’s degree in science, an MBA from a top B-School makes a candidate considerably more employable, with a varied skill set that could help them reach newer heights in their career. This type of education, along with some on-the-job experience, is not only acceptable but highly valued around the world. Because such a candidate is deemed well-equipped with both technical and management skills, major recruiters such as Cipla, Bharat Biotech, Biocon, Ranbaxy, and Dr Reddy’s provide the best in business job roles, some of the job profiles offered are:
- Market Research Analyst
- Facility Manager
- R&D Executive
- Healthcare Manager
- Quality Assurance Manager
- Manufacturing Manager
MBA is one of the most difficult courses in the world, and it takes a lot of attention and devotion to prepare for it. The entrance exam is also rigorous, putting students’ theoretical and practical expertise to the test. Universities that offer MBA programs have similar entrance requirements for all applicants, regardless of their undergraduate degrees. After earning a B.Sc., a candidate must have completed or be in the last year of a full-time B.Sc. degree from a respected college to pursue a career in management.
- A minimum of 45-55 percent throughout the undergraduate Bachelors of Science is required for such admittance, which might come from any speciality of their choice.
- A candidate for admission to a B-School must pass an entrance exam (which varies between institutions like CAT, NMAT, or SNAP).
- Typically, applicants must have 2.5-3 years of job experience. However, job experience requirements may range from one institute to the next.
- Many B-schools, on the other hand, will admit freshmen if they can demonstrate their worth during the interview process.
MBA admissions in India are primarily based on entrance exams such as the CAT, MAT, and XAT. Students who pass one of these tests are eligible for business school admissions.
1. Common Admission Test
The IIMs hold a Common Admission Test every year. Quantitative Ability, Data Interpretation & Logical Reasoning, and Verbal Ability & Reading Comprehension are the three areas of the exam. This exam is the key to getting into the best business schools.
2. Management Aptitude Test
The All India Management Association (AIMA) Management Aptitude Test is another option for those interested in management. It takes place four times a year and is available both online and off. The five sections of the test are Language Comprehension, Data Analysis and Sufficiency, Mathematical Skills, Indian and Global Environment, and Intelligence and Critical Reasoning.
3. Xavier Aptitude Test
The Xavier Aptitude Test is held annually at the Xavier Institute of Management (XLRI Jamshedpur). It allows you to apply to more than 150 of India’s top MBA schools, including XLRI, XIMB, IMT, and others. The four sections are Decision Making, General Knowledge, Quantitative Ability and Data Interpretation, and Verbal and Logical Ability.
Why online MBA is better after BSc?
1. Expertise and new skills
The degree adds value to your resume by demonstrating to potential employers that you have expert-level management skills. Enrol in DSU’s nationally regarded Executive MBA program to gain crucial time management skills.
2. Internationally Recognized Degree
An MBA is one of the few degrees that is internationally recognized. As a result, you’ll have additional career prospects and access to a big alumni network.
An MBA executive online degree with specializations can help you develop your talents and equip you for several managing positions.
3. Become Eligible for Higher Salaries
The pay scale for a specific job role is determined by several factors. The candidate’s educational background, skill set, and experience level are all factors in determining the salary. You can increase your salary by tens of thousands of dollars by combining an EMBA with an engineering degree. Your skills will also be enhanced as a result of the degree.
Study MBA Abroad
Students with an MBA can pursue a profession in any subject of their choice.
MBA in New Zealand
MBA is a postgraduate program in business and management that provides a wide range of professional opportunities and substantial worldwide exposure. It’s one of the most popular degree options. As a result of the increased demand, universities throughout the world are now offering a variety of MBA programs that stress both theoretical and practical knowledge of the subject.
Selecting the appropriate country for an MBA program, on the other hand, is just as important as selecting the appropriate concentration. New Zealand, which is home to some of the world’s most distinguished MBA colleges, has built a name for itself by offering internationally acclaimed Management courses, and as a result, the country is swiftly becoming a favourite study destination for those interested in studying management.
MBA in Ireland
Many students are unclear about what to do after graduation because of the numerous new professional categories that have emerged as a result of technological improvements. It can sometimes be challenging to find an appropriate post-graduate program. Choosing an MBA from a different nation opens up a world of chances for you to learn and grow in a range of management fields, as well as the ability to find work prospects all over the globe.
MBA programs of high quality can be found in a variety of locations across the world. One such country is Ireland. Ireland, popularly known as the “Land of Saints and Scholars,” has a brisk economy that attracts thousands of international students each year to its outstanding master’s programs. Here’s all you need to know about why you should go for it.
MBA in Japan
With hundreds of international corporations headquartered in various cities, such as Toyota, Sony, Mitsubishi, and Softbank, Japan provides an interesting mix of industry-oriented, research-oriented education and vibrant job prospects across industries. MBA programs in Japan, in particular, provide students with a platform to study from internationally recognized instructors, a stimulating business environment, and numerous opportunities for practical learning and experience. This blog examines how and where you can get an MBA in Japan, as well as the specific perks offered by Japanese institutions.
Salary of MBA after BSc
In the end, it’s all about money and returns on investment. MBA is a costly degree, and students may take out education loans to pursue an MBA from one of the world’s best business schools. It is critical to have a clear idea of the remuneration one would receive after graduation and during their first steps into a corporate career.
Job Roles & Average Salary
- Quality Assurance Manager – INR 11 LPA
- Facility Manager – INR 7.5 LPA
- R & D Executive – INR 11.7 LPA
- Healthcare Manager – INR 5.5 LPA
- Market Research Analyst – INR 8 LPA
- Manufacturing Manager – INR 7.8 LPA
Is it possible to pursue an MBA after completing a BSc?
Yes, you can pursue an MBA after completing your BSc in any field. The most basic eligibility criteria for an MBA include a bachelor’s degree with a minimum grade point average given by the university, as well as GMAT scores and job experience.
Which MBA is best after BSc?
Following your BSc, you can pursue a variety of MBA programs, including an MBA in Hospitality Management, MBA in Healthcare, MBA in Healthcare Management, MBA in Production Management, MBA in Pharmaceutical Management, MBA in Laboratory Management, MBA in Biotechnology, MBA in Biotechnology Management, and MBA in Oil & Gas Management, among others.
Is MBA tough for BSc students?
MBA is not difficult for students from any discipline because it emphasizes academic knowledge of business and management as well as practical skills in problem-solving, decision-making, interpersonal communication, and business skills, to mention a few.