Career Opportunities after Completing Your MBA in the USA
Studying for an MBA in the USA offers excellent career opportunities. The course incorporates a strong academic curriculum with practical business skills. The USA is home to some of the world’s most reputed business schools, such as Harvard, Stanford, NYU, Columbia University, etc. These institutions give students access to modern research, skilled faculty, and highly lucrative professional universities.
A good MBA in the USA curriculum strives to imbibe skills like leadership, strategic thinking, and entrepreneurship and offers students an excellent network of skilled peers and successful alumni. Read on to learn about the career options available to MBA graduates.
7 Career Paths after Completing an MBA in USA
1. Investment Banker:
Average Annual Salary: $4,04,283
Investment bankers are some of the highest-paid professionals in the USA. If you’ve done an MBA in the USA, this career has immense growth opportunities. Investment bankers help organizations raise capital via investments by analyzing their goals and financial needs, often through a retainer. They have complete access to the organization’s financial data and can develop favorable strategies for the company.
2. Human Resources (HR) Manager:
Average Annual Salary- $130,000
Human resources managers typically supervise employee benefit MBA programs, manage hiring and recruitment, and mediate workplace disputes. They also make recommendations to the management regarding issues like equal employment opportunities and sexual harassment. If you’ve done an MBA in the USA, a career in the HR domain can be highly lucrative because, as per the U.S. Bureau of Labor Statistics (BLS), HR manager jobs are expected to increase by 5%. This is higher compared to the 3% growth rate in other fields.
3. Information Technology (IT) Manager:
Average Annual Salary- $164,070
If you’ve completed an MBA in the USA and have an interest in technology, a career as an IT manager would suit you. IT managers are responsible for ensuring that an organization’s technical tools and applications function properly and that the company uses the latest, most appropriate technology available. The BLS predicts that IT management jobs shall be 15% higher compared to 2022.
4. Financial Manager:
Average Annual Salary: $174,820
Finance is a highly profitable yet competitive sector with attractive salaries and other perks for students who’ve completed an MBA in the USA. Finance professionals are responsible for analyzing all financial requirements and goals of the organization and developing a feasible investment strategy to achieve these goals and benefit the company. Most major firms and companies need finance managers and professionals to record and manage their finances.
5. Medical and Health Services Manager:
Average Annual Salary- $110,680
Post-pandemic healthcare organizations regularly tackle logistical challenges, resulting in an increased demand for skilled management professionals, making it an attractive field for students who’ve completed an MBA in the USA. Medical and healthcare services managers can work in several forms of healthcare organizations. Healthcare managers focus on maximizing the product and service quality at minimal costs while simultaneously following compliance regulations. As per BLS, compared to 2022, organizations expect a 28% increase in employment in the healthcare sector by 2032.
6. Business Analytics:
Average Annual Salary- $99,410
For students who’ve completed an MBA in the USA and have a flair for both business and technology, a career in business analytics is a fulfilling and lucrative choice. Business Analytics is among the highest-paying careers and involves analyzing organizational data to draw favorable conclusions and decisions. Additionally, business analysts also supervise data-driven analysis, create analytic models, develop business strategies, etc.
7. Operations Research Analyst:
Annual Average Salary- $83,640
If you’ve done an MBA in the USA, a career as an operations research analyst can be highly profitable and satisfying. Operations research analysts are expert problem-solvers who use modern technology, such as data mining, optimization, statistical analysis, and mathematical modeling, to develop solutions to enable organizations to function efficiently and cost-effectively. As per BLS, compared to 2022, 2032 will see a 23% spike in operations research analyst jobs.
Best Business Schools to Complete an MBA in USA
For you to have a successful career after doing an MBA in the USA, you need to study in a business school that has a great curriculum, stellar alumni network and excellent job prospects. Here’s a list of 6 top-rated B-schools for students aspiring to study MBA in the USA:
- Graduate School of Business, Stanford University
- Wharton School, University of Pennsylvania
- Leonard N. Stern School of Business, New York University
- Kellogg School of Management, Northwestern University
- Tuck School of Business, Dartmouth College
- Haas School of Business, University of California
Other than these, Columbia Business School, Columbia University, Fuqua School of Business, Duke University, and Samuel Curtis Johnson Graduate School of Management, Cornell University are also excellent institutions for studying MBA in the USA. Additionally, students can also opt for jobs in education, retail, and international business for good career prospects.
Want to learn more about where you can apply to study MBA in the USA? Contact our team at Imperial Overseas Education Consultants today! We can help you learn more about your career prospects of an MBA in the USA and apply to your preferred university.
FAQs
Yes, Indian students can easily get high-paying positions after an MBA in the USA, their preferred field. Your job prospects can be substantially enhanced through networking, internships, and OPT work permits.
Sectors like finance, IT management, and strategy have consistently fetched high-paying jobs for MBA graduates.
Yes, in the USA, MBA graduates face tough competition, especially in consulting and investment banking sectors. However, skilled students from reputed B-schools have a distinct advantage in securing better job roles compared to their peers.
