Update on 2024-04-15
If you're looking to advance your career in the management field, an MBA degree is often seen as the gold standard. However, there are several other high-paying management courses available that offer valuable skills and knowledge and can lead to rewarding careers in various industries.
An MBA degree is not the only option for individuals looking to pursue a career in management. There are several other management courses available that can provide you with the knowledge, skills, and experience you need to succeed in a management role. These courses cover a range of topics, including finance, operations, marketing, human resources, and more. An MBA degree is not the only option for individuals looking to pursue a career in management. There are several other management courses available that can provide valuable knowledge and skills in the field.
Some of the Highest-Paying Management courses other than an MBA include:
These courses typically require a bachelor's degree and a minimum of 50% marks in the undergraduate program. Some courses may also have a work experience requirement.
Here is a comparison of some of the top high-paying management courses:
Course | Description | Average Salary |
MMS | Master of Management Studies is a two-year postgraduate course that covers topics such as finance, operations, marketing, and human resources management. | 7-12 Lakh per Annum |
MFM | Master of Financial Management is a postgraduate course that focuses on finance and investment management. | 8-15 Lakh per Annum |
MMM | Master of Marketing Management is a postgraduate course that covers topics such as marketing strategy, consumer behavior, and brand management. | 7-12 Lakh per Annum |
MHRM | Master of Human Resource Management is a postgraduate course that covers topics such as human resource planning, employee relations, and labor laws. | 6-12 Lakh per Annum |
The eligibility criteria for each management course vary, but generally, candidates must have a bachelor's degree in any discipline and a minimum of 50% marks in their undergraduate program. Some courses may also require a minimum number of years of work experience in a related field.
Here is a summary of the eligibility criteria for each of the top high-paying management courses in India:
Some courses may also have a work experience requirement.
Graduates of high-paying management courses other than an MBA can find employment in a wide range of industries, including finance, marketing, human resources, supply chain management, and international business.
Job Opportunities
Upon completion of these courses, students can pursue careers in various industries such as finance, marketing, human resources, operations, and more:
The salaries of individuals with a background in management courses can vary greatly based on their experience, job role, and the company they work for. On average, the salaries of these individuals can range from Rs.5 lakh to Rs. 25 lakh per annum. However, with experience and skill, these salaries can go up to even? 50 lakh or more.
Salary Range of Various Management Jobs
Job Roles | Salary Range (in Rs.) |
Financial Analyst | 5-15 lakh per annum |
Marketing Manager | 7-20 lakh per annum |
Human Resource Manager | 8-20 lakh per annum |
Operations Manager | 10-25 lakh per annum |
Supply Chain Manager | 10-25 lakh per annum |
Conclusion
There are several high-paying management courses other than an MBA that can lead to rewarding careers in various industries. By exploring the options and choosing the course that best aligns with your career goals, you can take your management career to the next level.
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