Which Course is Best After MBA? 15 Top Courses After MBA

Vaishali Pandey
July 27, 2024
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Shivam Bhardwaj
March 15th 2022

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"After MBA, what can I do?" We often get this question, and the answer isn't one-size-fits-all.

Whether you want to learn more about finance, explore data science, or improve your leadership skills, choosing which course is best after MBA is significant for your future.

When considering the best courses after MBA, you should consider your career goals and what is in demand in the industry. 

This blog post will not just give you options on what to study after MBA but also take you through the high-paying jobs you can get after those courses.

Wondering whether this would be an appropriate step for you? Read ahead to find out.

15 Top Courses After MBA

With various options available, from advanced certifications to doctoral programs, selecting the right course depends on your career goals, interests, and the industry you wish to excel in.

Explore our top 15 picks!

1. Fellow Programme in Management (FPM) from IIMs

The Fellow Programme in Management (FPM) is a doctoral-level program offered by the Indian Institutes of Management (IIMs). It is designed for individuals seeking advanced research and academic careers in management. The FPM typically takes 4 to 5 years to complete and focuses on advanced research and educational development.

Benefits of FPM

  1. High recognition and respect in academic and corporate circles.
  2. Opportunities to publish research in prestigious journals.
  3. Pathway to becoming professors, researchers, and consultants.
  4. Network with top-tier academicians and professionals.

Here is a table of top job roles and average salaries after completing FPM.

Job Profile Annual Average Salary (INR)
CSO INR 13 LPA
Professor INR 11 LPA
Data Scientist INR 9.2 LPA
Business Writer INR 7.8 LPA
Research Scientist INR 6.8 LPA
Research Scholar INR 4 LPA

2. Doctor of Business Administration (DBA)

A Doctor of Business Administration (DBA) is a professional doctorate on practical business and managerial issues. 

This 3 to 6-year program is ideal for experienced professionals, senior executives, and entrepreneurs who wish to enhance their leadership skills and strategic thinking.

Benefits of DBA

  1. Enhances leadership and strategic management skills.
  2. Prepares you for high-level executive roles.
  3. Offers opportunities for consultancy and entrepreneurship.
  4. Provides exposure to global business practices and trends.
  5. Provides exposure to global business practices and trends.

Job Roles and Average Salaries After Completing DBA

Job Profile Annual Average Salary (INR)
International Business Manager INR 97 LPA
Global Strategy Director INR 51 LPA
CFO INR 35 LPA
Director of Business Intelligence INR 33 LPA
CEO INR 30 LPA
COO INR 30 LPA

3. Financial Risk Management (FRM)

This is a globally recognised, 1-2 year course for risk management professionals. It focuses on identifying, evaluating, and mitigating financial risks.

Key topics covered in this 1 to 2-year course include credit risk, market risk, liquidity risk, operational risk, and regulatory compliance.

Benefits of FRM

  1. In-demand certification in the finance industry.
  2. Prepares you for specialised roles in risk management.
  3. Enhances your ability to assess and mitigate financial risks.
  4. Recognised by top financial institutions worldwide.

Job Roles and Average Salaries After Completing FRM.

Job Profile Annual Average Salary (INR)
Risk Manager INR 10.4 LPA
Financial Consultant INR 7.12 LPA
Credit Analyst INR 6.7 LPA
Risk Analyst INR 5.6 LPA
Regulatory Compliance Officer INR 5.2 LPA

4. ISB’s Certificate Programme in Business Analytics (CBA)

The Certificate Programme in Business Analytics (CBA) offered by the Indian School of Business (ISB) equips professionals with the skills and knowledge required to excel in business analytics. 

This 1-year program covers data analysis, statistical methods, and predictive modelling, preparing you for data-driven decision-making roles.

Benefits of CBA

  1. Enhances analytical and problem-solving skills.
  2. Prepares you for high-demand roles in business analytics.
  3. Provides hands-on experience with data analysis tools and techniques.
  4. Networking opportunities with industry leaders and professionals.

Job Roles and Average Salaries After Completing CBA

Job Profile Annual Average Salary (INR)
Consultant INR 9.9 LPA
Business Analyst INR 6.53 LPA
Risk Analyst INR 5.68 LPA
Supply Chain Analyst INR 5.31 LPA
Marketing Analyst INR 5.09 LPA
Data Analyst INR 4.96 LPA

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5. Chartered Financial Analyst (CFA)

If you like Finance and want to grow your career further in finance after an MBA, the Chartered Financial Analyst (CFA) program is the answer you are looking for. 

This 2 to 4-year course is a globally recognised professional credential offered by the CFA Institute and is divided into three levels.

Benefits of CFA Certification

  1. High recognition in the finance industry.
  2. Prepares you for various roles in investment management and financial analysis.
  3. Enhances your understanding of global financial markets and ethical practices.
  4. Opens up opportunities in investment banking, portfolio management, and equity research.

Job Roles and Average Salaries After Completing CFA

Job Profile Annual Average Salary (INR)
Associate in Investment Banking INR 10 LPA
Portfolio Manager INR 10 LPA
Equity Research Associate INR 7.42 LPA
Credit Analyst INR 6.7 LPA
Financial Analyst INR 6.42 LPA

6. Certified Information Systems Auditor (CISA)

The Certified Information Systems Auditor (CISA) certification, offered by the Information Systems Audit and Control Association (ISACA), usually takes 6 months to 2 years to complete.

It is designed for professionals in IT auditing, control, and security. The CISA certification validates your ability to assess, control, and monitor an organisation's information technology and business systems.

Benefits of CISA

  1. High demand in IT auditing and cybersecurity roles.
  2. Enhances your credibility in managing IT controls and security.
  3. Prepares you for roles in IT governance, risk management, and compliance.
  4. Recognised globally by leading organisations.

Job Roles and Average Salaries After Completing CISA

Job Profile Annual Average Salary (INR)
Business Continuity Manager INR 14.4 LPA
IT Governance Specialist INR 12.9 LPA
Cyber Security Consultant INR 9.5 LPA
IT Auditor INR 9.1 LPA
Internal Auditor INR 6.1 LPA

7. Certification in Risk Management Assurance (CRMA)

The Certification in Risk Management Assurance (CRMA) is a 1-year course offered by the Institute of Internal Auditors (IIA). 

It focuses on risk management and assurance, helping professionals demonstrate their ability to manage and assess key business processes.

Benefits of CRMA

  1. Proves your expertise in risk management and governance.
  2. Enhances your ability to ensure business process integrity.
  3. Prepares you for roles in risk assurance and compliance.
  4. Recognised by top employers in various industries.

Job Roles and Average Salaries After Completing CRMA

Job Profile Annual Average Salary (INR)
Insurance Agent INR 1.36 LPA
Insurance Advisor INR 3.10 LPA
Business Development Manager INR 3 LPA
Relationship Manager INR 2.5 LPA

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8. Certified in Production and Inventory Management (CPIM)

The Certified in Production and Inventory Management (CPIM) is a 1-year program. It is a global certification for professionals interested in supply chain management. 

It covers topics such as production planning, inventory management, and supply chain optimisation. If inventory management intrigues you, read ahead and learn the benefits of this course. 

Benefits of CPIM

  1. Enhances your knowledge in production and inventory management.
  2. Prepares you for roles in supply chain and operations management.
  3. Recognised by leading companies worldwide.
  4. Improves your ability to manage and optimise business processes.

Job Roles and Average Salaries After Completing CPIM

Job Profile Annual Average Salary (INR)
Inventory Manager INR 10 LPA
Supply Chain Manager INR 3 LPA

9. Post Graduate Diploma in Computer Applications (PGDCA)

The Post Graduate Diploma in Computer Applications (PGDCA), a 1-year certification, focuses on programming languages and software applications. It enhances your technical skills and prepares you for various IT roles. The program covers Java, C++, MS Office, Web Design, and more topics. 

Benefits of PGDCA

  1. Prepares you for IT roles in various industries.
  2. Enhances your technical and programming skills.
  3. Provides hands-on experience with software applications.
  4. Opens up opportunities in software development and IT management.

Job Roles and Average Salaries After Completing PGDCA

Job Profile Annual Average Salary (INR)
Software Developer INR 4.8 LPA
Systems Analyst INR 6.5 LPA
IT Manager INR 10 LPA

10. Marketing Management Professional Course (MMPC)

The Marketing Management Professional Course (MMPC) is a 1-year certification program. This course will help you develop valuable strategic marketing skills for any organisation. It covers market analysis, consumer behaviour, digital marketing, and strategic planning.

Benefits of MMPC

  1. Enhances your marketing and strategic thinking skills.
  2. Prepares you for various marketing roles in different industries.
  3. Provides knowledge of the latest marketing trends and techniques.
  4. Opens up high-paying opportunities in brand management, market research, and digital marketing.

Job Roles and Average Salaries After Completing MMPC

Job Profile Annual Average Salary (INR)
Marketing Analyst INR 8 LPA
Email Marketing Manager INR 6 LPA
Business Development Manager INR 5.3 LPA
Social Media Manager INR 4.2 LPA

11. Operations Management (OM)

Operations management, a 6-month to one-year certification, focuses on improving company sustainability by managing operations. 

This course prepares you to analyse and optimise operational processes within an organisation, making them more efficient and effective.

Benefits of OM

  1. Enhances your operational skills and knowledge.
  2. Prepares you for managerial roles in operations and supply chain management.
  3. It helps you understand and improve business processes.
  4. Opens up opportunities in various industries.

Job Roles and Average Salaries After Completing OM Certification

Job Profile Annual Average Salary (INR)
Operations Manager INR 7 LPA
Supply Chain Manager INR 8.5 LPA
Production Manager INR 6.5 LPA

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12. Data Science (DS)

Data science, a 6-month to 2-year course, involves analysing customer behaviour and improving products. 

It covers various aspects of data analysis, machine learning, and big data technologies, preparing you for roles in data-driven decision-making.

Benefits of DS

  1. High demand in the digital age.
  2. Enhances your analytical and technical skills.
  3. Prepares you for data analysis, business intelligence, and data engineering roles.
  4. Opens up opportunities in IT, finance, healthcare, and more.

Job Roles and Average Salaries After Completing DS Course

Job Profile Annual Average Salary (INR)
Data Scientist INR 3.9 LPA
Business Intelligence Analyst INR 10 LPA
Data Mining Engineer INR 5.9 LPA
Data Architect INR 15 LPA

13. Executive MBA (EMBA)

An Executive MBA (EMBA) is a 1-year MBA program designed for working professionals at the mid-senior level. It focuses on enhancing leadership and strategic management skills, enabling you to take your career to the next level. 

Benefits of EMBA

  1. Enhances leadership and strategic thinking skills.
  2. Connects you with industry leaders and professionals.
  3. Provides exposure to advanced business practices and trends.
  4. Prepares you for senior management and executive roles.

Job Roles and Average Salaries After Completing EMBA

Job Profile Annual Average Salary (INR)
Senior HR Manager INR 12.65 LPA
HR Director INR 12 LPA
Vice-President INR 17 LPA
Business Development Manager INR 9.2 LPA

14. PhD in Management

A PhD in management, a 3 to 5-year course, offers a deeper perspective on management, ideal for those in consulting or academia. It involves advanced research in various management disciplines, preparing you for academic and high-level consultancy roles. 

Benefits of a PhD in Management

  1. High recognition in academia and consulting.
  2. Prepares you for research and teaching roles in prestigious institutions.
  3. Enhances your analytical and problem-solving skills.
  4. Opens up opportunities in high-level consultancy and policy analysis.

Job Roles and Average Salaries After Completing Ph.D in Management

Job Profile Annual Average Salary (INR)
Management Consultant INR 6.5 LPA
Business Professor INR 40 LPA
Policy Analyst INR 4 LPA
Entrepreneur INR 3 LPA
Managing Director INR 54.39 LPA

15. Digital Marketing in Management (DM)

A digital marketing course of three months to one year is essential for those with an MBA in marketing to enhance their digital skills. It covers various aspects of digital marketing, including SEO, SEM, social media marketing, and content marketing, preparing you for roles in online marketing. 

Benefits of DM

  1. High demand in the digital age.
  2. Enhances your knowledge of digital marketing strategies.
  3. Prepares you for roles in online marketing and brand management.
  4. It opens up opportunities to start your own business.

Job Roles and Average Salaries After Completing Digital Marketing Course

Job Profile Annual Average Salary (INR)
Social Media Manager INR 1.1 LPA
Email Marketing Manager INR 1.9 LPA
SEO Specialist INR 4 LPA
Search Engine Marketing INR 2.8 LPA
Content Marketing INR 13 LPA

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Importance of Post-MBA Courses

In recent years, the value of an MBA degree has been diluted, partly due to the proliferation of low-quality programs that do not provide the necessary skills or practical experience. Now that we have read about multiple options for post MBA courses, lets know why post MBA courses are necessary:

  1. Employers now scrutinise not just the MBA degree but also the reputation of the institution and curriculum relevance.
  2. Post-MBA courses and certifications are increasingly important for standing out in the competitive job market.
  3. Specialised certifications like CFA® and FRM are highly valued and can open doors to global career opportunities.
  4. These additional credentials enhance expertise and make candidates more attractive to employers in India and internationally.

Who Should Consider Post-MBA Courses?

Yes, we know why the post MBA courses are necessary, we also have an insight on multiple options for post MBA courses, let’s now understand who can benefit from these courses.

Profession Benefits from Post-MBA Courses
Mid to Senior-Level Managers Enhance leadership and strategic skills, enabling management of larger teams and greater organisational responsibilities.
Entrepreneurs and Business Owners Gain analytical and strategic skills for better decision-making, optimising operations, and business expansion.
Consultants Acquire specialised knowledge to offer more nuanced, data-driven solutions that enhance market value.
Finance Professionals Deepen understanding of financial markets and tools, preparing for economic analysis and portfolio management roles.
Marketing Professionals Enhance expertise in market analytics and digital marketing strategies, leading to leadership roles.
IT Professionals Develop managerial skills to transition into leadership roles, overseeing larger teams and projects.
Human Resource Professionals Specialise in organisational behaviour and leadership development for strategic roles in talent management.
Operations and Supply Chain Managers Gain advanced knowledge in logistics and supply chain analytics, optimising complex networks.
Legal Professionals Develop a deeper understanding of business operations, providing comprehensive legal advice and advancing in corporate roles.
Healthcare Professionals Enhance managerial and policy analysis skills, facilitating growth into administrative roles in healthcare.
Research and Development Professionals Acquire skills in innovation management and commercialisation, directing R&D projects effectively.
Public Sector Professionals Develop policy analysis and governance skills, enabling significant roles in shaping public policies and governance.

Below, we explore the designation-wise benefits of post-MBA courses, highlighting how they can cater to the diverse needs of professionals across various industries.

Factors to Consider When Choosing a Course

To make an informed choice, it's important to consider several key factors, including your personal interests, the time you can commit, financial investment, and the reputation of the institution. Note the points given below:

  1. Pick a course that matches what you enjoy and aligns with your future career plans.
  2. Think about how much time you can commit and whether the course fits into your schedule.
  3. Check the overall cost, including tuition, materials, and exam fees, to make sure it fits your budget.
  4. Look into the institution's reputation and ensure the course is accredited by the right industry bodies.

Designation-Wise Benefits of Post-MBA Courses

Post-MBA courses provide specialised knowledge, practical skills, and the latest industry insights, making them highly valuable for career advancement. Below is a table outlining the benefits of post-MBA courses for different professional designations.

Designation Benefits from Post-MBA Courses
Finance Analysts Advanced Analytical Tools: Use sophisticated tools
Networking: Connect with peers
Project Management: Handle complex projects
Research Skills: Analyse financial data
Investment Bankers Global Market Insights: Understand global markets
Negotiation Skills: Improve deal-making abilities
Regulatory Compliance: Stay updated on regulations
Technological Adaptability: Adapt to new technologies
Financial Consultants Client Relationship Management: Manage and advise clients
Ethical Considerations: Understand ethics in consulting
Specialised Financial Products: Learn about new products
Marketing Skills: Expand client base
Corporate Finance Professionals Strategic Financial Planning: Improve planning and budgeting
Leadership Skills: Lead finance teams
Change Management: Implement changes successfully
Corporate Governance: Understand governance impacts
Portfolio Managers Asset Allocation Strategies: Optimise portfolios
Behavioural Finance: Manage investments effectively
Sustainable Investing: Knowledge in sustainable practices
Risk Mitigation Strategies: Mitigate risks
Research Scholars Quantitative Research Methods: Advanced research techniques
Publication Opportunities: Explore collaboration
Data Science Applications: Use data science in research
Grant Writing Skills: Secure research funding
Finance Educators E-Learning Tools: Enhance teaching with technology
Curriculum Innovation: Update finance curriculum
Pedagogical Research: Improve teaching methods
Industry Engagement: Gain real-world insights

Rightly choosing which course is best after MBA can significantly impact your career trajectory. Thus, you need to have a careful analysis of this question. 

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FAQs About Which Course is Best After MBA?

Which course is best after MBA for advancing in finance? 

The Chartered Financial Analyst (CFA) certification is highly recommended for finance. It covers investment management, financial analysis, and ethics, preparing you for investment banking and portfolio management roles.

What are the best courses after MBA for IT professionals?

Certifications like Certified Information Systems Auditor (CISA) and Amazon Web Services (AWS) are excellent for IT professionals. CISA focuses on IT auditing and security, while AWS covers cloud computing.

Which course is best after MBA for a career in risk management?

The Financial Risk Manager (FRM) certification is ideal for risk management. It provides knowledge on managing various financial risks, leading to roles like Risk Manager and Compliance Officer.

What to study after MBA to become a data scientist?

Courses in Data Science are recommended. They cover statistical analysis, machine learning, and big data, preparing you for roles like Data Scientist and Business Intelligence Analyst.

After MBA, what’s next to study for a career in academia?

Pursue a PhD in Management or the Fellow Programme in Management (FPM) from IIMs. These programs prepare you for roles as Professors and Researchers.

Which course is best after MBA for marketing professionals?

Digital Marketing courses are beneficial. They cover SEO, SEM, social media, and content marketing, preparing you for roles like Digital Marketing Manager.

What are good courses after MBA for project management?

The Project Management Professional (PMP) certification covers key project management concepts and prepares you for roles like Project Manager and Program Manager.

After MBA, which course is best in India for business analytics?

The Certificate Programme in Business Analytics (CBA) from ISB is a top choice. It covers data analysis and predictive modelling, preparing you for roles like Business Analyst.

After MBA, what can I do to enhance my leadership skills?

A Doctor of Business Administration (DBA) is ideal. It focuses on practical business issues and prepares you for executive roles like CEO and COO.

Which course is best after MBA for operations management?

The Certified in Production and Inventory Management (CPIM) certification provides knowledge of production planning and supply chain optimisation, preparing you for roles like Operations Manager.

What to study after MBA for a career in consultancy?

Certifications like CFA, PMP, and CISA provide specialised knowledge for finance, project management, and IT auditing consulting roles.

After MBA, what’s next to study for a career in digital transformation?

Courses in Digital Marketing and Data Science are ideal. They prepare you for roles like Digital Transformation Manager and Data Scientist.

Which course is best after MBA for HR professionals?

Courses in human resource management or certifications like SHRM enhance HR knowledge and prepare you for roles as an HR manager.

What can I do after MBA to specialise in entrepreneurship?

Programs like the Executive MBA (EMBA) or entrepreneurship courses provide the skills needed to start and manage a business.

After MBA, which course is best in India for supply chain management?

The Certified Supply Chain Professional (CSCP) certification covers logistics and supply chain strategies, preparing you for roles like Supply Chain Manager.

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