To begin with, you may wonder how an area that can be so unstable—the financial markets swing up and down as the markets react to world events—can be a stable job market. The truth of this is easily proved simply by looking at the long-term behaviour of jobs across professions and industries. Over years, it has been clear that management and finance jobs are among the most stable, with between 80 and 90 percent of employees being retained within the sector. This sector has the least transiency in terms of workforce.
Staying Strong in the Pandemic
But, you might think, the pandemic affected everyone; economies across the world have taken quite a hit with layoffs being the apparent norm rather than the exception. But, if you are interested in an MBA in Finance colleges in Mumbai, you may like to look at the job market in your field. According to the World Economic Forum, the worldwide economic downturn had among the lowest impacts in the finance sector, with top management jobs especially being almost unaffected by the downturn. This means that the finance management sector is almost as robust now as it was before the pandemic struck.
In any case, graduates from the best MBA colleges in Maharashtra would always have excellent career prospects. The general trend has always been that MBAs tend to attract a higher salary than other management graduates, by almost 50 percent. This preference for MBAs reflects the skill set that they acquire during their course of study. And a degree from one of the top MBA in Finance colleges in Mumbai is sure to make any candidate much more desirable as a potential employee. Reputed companies prefer graduates from the top institutions as it is an assurance of quality.
The Prime Salary Packages
It is an often-asserted fact that MBAs are paid rather well in comparison to many professions. But first we need to look at the kind of jobs that are available after graduating from one of the best MBA colleges in Maharashtra. The jobs of a financial analyst and business analyst are common jobs available, as are those in business operations and accounting. All of these base jobs have starting salaries of more than 3 lakh per annum on average, with some variations based on the candidate and company.
With even a modicum of experience, these numbers can quickly leapfrog above the 10 lakh per annum category, and as is well known, for the ideal candidate in the ideal situation, there is no upper limit on the salary growth. As one heads towards the upper management levels, the salaries really start to balloon into such figures that some people could even retire, if they choose, at the relatively young age of forty.
All of these things only confirm that a career in finance is an excellent choice for any youngster looking for a career path that takes them to great heights of success.
The Institute of Business Management Studies of the IBMS is known to be outstanding amongst other MBA colleges in Mumbai.
In excess of a school, it is a middle for learning.
IBMS has consistently been known for its novel remain on contemplates.
It has found a way to reform the MBA course.
Know which are MBA best colleges around the world.
We have added the list of the top 5 Business Schools or MBA universities.
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