Some of the advantages that an Executive MBA professional enjoys are as follows:
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Creating new networking opportunities: Executive MBA students represent a diverse range of industries. In the current job market, experts suggest creating a varied network of relationships for the best career opportunities. The shared learning experience brings people together to form indelible bonds and this is possible in Executive MBA programmes.
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Executive MBA offers new challenges and experiences: An Executive MBA course is designed to help refine those leadership and management talents into expertise, as well as hone high-level business strategy. The course prepares the students to face new challenges at managerial positions.
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Spark’s new interests: Executive MBA is not just for professionals working in the corporate environment. Even the entrepreneurs well look for Executive MBA for better understanding of the leadership and managerial roles. Executive MBA candidates are fully knowledgeable and equipped to go out into the business world with a venture of their own and make it big. The course creates spark in new interests and innovations.
- Flexibility: Executive MBA programs allow for flexible learning environments. This means professionals can continue their career paths while studying and preparing for a new one. The professionals can balance both work and study in the Executive MBA programmes.
Placements for MBA Executives
The Executive MBA is specifically created for working and mid-career professionals or executives seeking to develop in their business, typically within the same organization. This makes the professional route for an executive MBA quite apparent; with this degree, one may go beyond his or her existing position. According to many polls, over fifty-four percent of executive MBA applicants were granted higher job responsibilities, with forty percent receiving promotions. An MBA executive students at a company has several alternatives, including:
Senior Accounting Manager: An accounting manager oversees the day-to-day operations of a company's accounting department. They also monitor incoming data, which is subsequently analyzed to create and maintain financial reports or accounting statements. An accounting manager is also responsible for enforcing correct accounting procedures, implementing rules, and upholding accounting principles. The typical yearly salary for a Senior Accounting Manager is between 8 and 16 lakhs.
CFO: The Chief Financial Officer of a company is in charge of all finance-related responsibilities, including planning, implementing, and managing the company's daily financial operations. They are also in charge of business planning, budgeting, forecasting, and financial negotiations for the organization. A chief financial manager's average annual compensation will be between 8 lakhs and 16 lakhs.
Senior Cash Manager: A cash manager manages and oversees a company's daily, weekly, and monthly cash influx and outflow. It is their obligation to limit the quantity of cash that enters the organization in the form of "collectables". They must also adhere to legislation and industry norms while optimizing the time required to pay for acquired items.
The average annual compensation for a senior cash manager is between 8 lakhs and 18 lakhs.
Investment banking manager: An investment banking manager is involved in the customer service part of the BFSI business. They are responsible for developing marketing collateral, organizing and presenting financial information, doing value analyses, and arranging and executing deals with clients. The average annual pay for an investment banking manager will be between 10 and 20 lakhs.
Senior Credit Manager & Specialist: A credit manager and specialist's primary responsibility is to manage and oversee the credit granting process, apply credit policies, review the company's customers' credit at regular intervals, and determine whether a potential customer is credit-worthy or not. The primary purpose of a credit manager and expert is to increase corporate earnings while reducing losses and bad debts. The average annual compensation for a senior credit manager is between 7 to 15 lakhs.
Senior Financial Analyst: A financial analyst is responsible for analyzing earnings, looking for discrepancies, detecting patterns, and advising management on the activities that should be taken to move the firm forward. They must also examine and research the data supplied to them, conduct a comparison examination of the data obtained, and recommend adjustments to the company’s financial goals. Average salary of a senior financial analyst will range from around 10 lakhs to 16 lakhs per annum.
Other Potential career roles:
- Business Analyst
- Quantitative Analyst
- Credit and Risk Manager
- Textile Manager
- Marketing and Sales Manager
- Logistics and Supply
- Hospital Administrator
- Pharmaceutical Project Manager
- Hospital Business Manager
- Food & Beverage Manager
- Labor Relations Specialist
- Marketing Manager
- Small Business Owner
- Business Consultant
- Corporate Manager
- Trials Executive
- Administrative Service Manager
- Rural Development Officer
