MBA Career Salary

CAREER IN MBA:

An MBA is all about knowledge how to work with people, since it’s the people who carry out businesses. It’s the understanding of flow of business activities. MBA creates all types of latest career prospects.

It attracts individuals from an extensive variety of educational disciplines. MBA initiated in the United States, up coming from the last 19th century as the nation industrialized & companies established scientific progress to management from that time the MBA got worldwide recognition as professional degree.

ADMISSION CRITERIA FOR MBA:

Mostly the course the admission is based on (GMAT) Graduate Management Admission Test, having considerable work experience, academic record, references, essays, personal interviews and letters of reference. The students capacity of handling work is checked then only selected for MBA course, if he/she clears out the GMAT.

TYPES OF COURSES IN MBA:

MBA in Two years
Part-time MBA
Accelerated MBA
Executive MBA (EMBA)
Dual MBA programs
MBA in distance learning

SPECIALIZATION ON MBA:

Various programs let students specialize in a particular field. Some of them include:

Economics
Accounting
Corporate strategy
Property management
Decision sciences
Finance
Human resources
Entrepreneurship
Marketing
Information technology
Telecommunication
General management
Operations management
Organizational behavior
Project management
Supply chain management
International business

SALARY STRUCTURE:

Salary as per years of experience:

• 0 - 1 year : $50,300.
• 1 - 4 years : $55,720
• 5 - 9 years : $73,850
• 10 - 19 years : $95,300
• 20 and above : $107,500

Salary as per the city:

New York : $102,530
Chicago : $90,580
Atlanta : $85,840
Houston : $82,000
Dallas : $83170
Los Angeles : $93,640
Boston : $96,200

Salary by certification:

Project Management Professional (PMP) gets salary around $85,140 to $96,750. Individuals with the certification in business profession provide $71,520. Project Management Certification people are entitled with $89,905 salary, whereas Microsoft Certified Systems Engineer (MCSE) are having $91,730 to around $94,368. Professional in Human resource certified individuals are remunerated with 64,739 US dollars whereas senior human resource certifiers get $84,232 as their salary.

Salary as per MBA related jobs:

The financial controller’s salary is $80,504. Information technologies (project manager) are getting around $88,223, and senior financial analysts are having $73,546 as their salary. There is a rise in the salary of a chief financial officer by $123,203. Marketing manager is entitled with 75,846 US dollars and marketing director is remunerated with the salary of $114,113 whereas, chief executive officer with the maximum of dollar 172,030.

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