An Online MBA is a 2-year postgraduate degree that opens high-paying and rewarding career paths for graduates. Your career after an Online MBA also depends on the specialization you choose, as your chosen subject decides your field and career trajectory.
The two most popular online MBA specializations are the Online MBA in Finance and the Online MBA in Marketing. Both fields open very different career paths and require different skills for success. In this blog, we’ll look at what job you can get after these courses and how much is the salary scope is.
What is an Online MBA Program?
The online MBA program allows you to study from home while working. You get the same education as regular MBA programs, but with more flexibility. This is ideal for learners who have jobs and want to study at the same time at an affordable fee.
Online MBA in Marketing
An Online MBA in marketing course is about marketing products and services for sale.
You’ll learn:
- How to understand what customers want
- How to advertise
- and how to build strong brands.
The course covers topics like social media marketing, online advertising, and market research etc.
Online MBA in Finance
An online MBA in finance teaches you about managing finances and investments to make a healthy cash flow in the business. You learn:
- How to manage company funds
- make investment decisions
- and understand financial markets
The course covers topics like banking, financial planning, and risk management.
Jobs After Online MBA in Marketing
Marketing offers many different types of jobs. Mainly involves creativity and strategy.
- Marketing Manager
Marketing managers plan how to present products in the market to sell with the right strategy. You create advertisements, promotional strategies and decide where to promote products. Average salary is ₹8-15 LPA. Senior managers can earn ₹20-30 LPA.
- Digital Marketing Manager
These managers focus on online marketing. In this role, you’ll handle social media, websites, and paid ads. Starting salary is around ₹6-10 LPA. Experienced managers can earn ₹15-25 LPA.
- Brand Manager
Brand managers work on building a company’s brand. You’ll make sure people have good opinions about the brand and have a recall value. Earning potential in this role is ₹10-18 LPA. Senior brand managers earn ₹25-40 LPA.
- Product Manager
Product managers handle new products from start to end. You’ll be responsible for handling all aspects of a particular product and working with different teams to create successful products. The starting salary of product managers is around ₹12-20 LPA. Senior Product managers earn ₹30-50 LPA.
- Market Research Analyst
As a Market Research Analyst, you’ll study what customers want and what competitors are doing. You help companies make better business decisions. The average starting salary range is ₹5-12 LPA, and ₹15-25 lakhs per year with experience.
- Sales Manager
Sales managers lead sales teams and help increase company revenue. Responsible for training sales executives and meeting with important customers. You can earn ₹8-20 lakhs per year, plus incentives based on sales performance.
- Marketing Consultant
Consultants work with many different companies to help them with marketing strategy, execution, etc. You can choose your projects and work independently and can earn between ₹15-30 lakhs per year or more.
Jobs After Online MBA in Finance
An online MBA in Finance offers stable, well-paying jobs. Here are the main options:
- Financial Manager
Financial managers handle company finances, investments, and cash flow. You’ll prepare financial reports and make decisions about spending and investments. Average starting salary is ₹8-12 LPA, and ₹20-35 LPA with experience.
- Investment Banker
Investment bankers help companies raise funds and make better deals. It is a high-pressure job, but it pays very well. Starting salary is ₹15-25 LPA. Senior bankers earn ₹50 lakhs or more per year.
- Financial Analyst
As a Financial analyst, you’ll study investments and advise about where to put money. ₹6-12 lakhs per year can be the starting salary, and ₹18-30 lakhs per year with experience.
- Risk Manager
Risk managers work to identify financial risks and find solutions to avoid them. Average ₹10-18 lakhs LPA for mid-level jobs, and ₹25-40 lakhs per year for senior roles.
- Treasury Manager
Treasury managers handle company cash and banking relationships. Average salary is ₹12-20 LPA for mid-level positions, and ₹25-40 lakhs per year for senior roles.
- Financial Consultant
Financial consultants give advice about investments and money management to individuals and companies. Successful consultants can earn ₹10-25 LPA, with top performers earning much more.
Salary Comparison: Marketing vs Finance
Finance generally pays more money, especially in senior positions. However, marketing offers more variety in job types and different earning sources.
Starting Salaries After an Online MBA in Marketing is ₹5-10 LPA, and an Online MBA in Finance is ₹6-12 LPA.
Senior-Level Salaries with 10+ years of experience in marketing are ₹25-40 LPA, and finance is ₹30-50 LPA.
Job Security After Online MBA: Finance vs MarketingÂ
After an Online MBA in Marketing, Job Security:
Marketing jobs are generally secure because companies always need skilled marketers to sell products. However, the field changes quickly with new technology and AI integration. You need to keep learning new skills to stay relevant.
After an Online MBA in Finance, Job Security:
Finance jobs are highly secure because every company requires financial management. The field is more stable than marketing, with slower changes. However, automation might affect some basic finance jobs in the future.
Conclusion
Both courses, the online MBA in marketing and the online MBA in finance, can lead to successful careers. The ideal choice depends on your skills, passion, and what you’re good at.
Whether you choose marketing or finance, an online MBA will give you better job opportunities, a higher salary, and the skills needed to advance in your career.
