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What are job opportunities after MBA?

What are job opportunities after MBA?

May 18, 2023

If you are wondering what are job opportunities after MBA, you’ll be glad to know these include roles in the C-Suite, the pinnacle of the corporate ladder.

What is the C-Suite?

The C-Suite is for high level roles. These roles are in demand and are for industry leaders. The three most notable roles are Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Operating Officer (COO).

Other roles include Chief Transformation Officer (CTO), Chief Strategy Officer (CSO), Chief Marketing Officer (CMO), Chief Information Officer (CIO), Chief Human Resources Officer (CHRO), and Chief Legal Officer, among others.

How can an MBA get you into the C-Suite?

A Master of Business Administration (MBA) enables graduates to take on roles starting with “Chief” as the demanding curriculum develops sophistication and expertise needed at the upper tier of management.

The type of student who enrols in an MBA is already a game changer in their field as it takes a high level of confidence to take on the rigour and MBA demands.

MBA students are often already at managerial level or higher, and an MBA takes them to the next level.

An MBA transforms a worker of high regard into a sought after industry professional ready to take his or her place in the C-Suite.

Why an ICMS MBA?

The ICMS MBA degree is crafted to cultivate exceptional leaders who are in high demand in the business world. Our focus is not just on earning letters but attaining mastery in leadership to position you for success in a competitive job market.

Our MBA program prepares you to be a competent business leader equipped with practical knowledge that can enhance the efficiency of any organisation. You will develop high-level skills that are globally relevant for any industry.

Cross-cutting themes embedded across all subjects include Global Mindset, Personalized Leadership Development, Ethics, Responsibility & Sustainability, and Future Orientation and Strategic Transformation.

This puts you in a position where you are able to carve your path of success in a competitive global economy.

With an ICMS MBA, you will be ready to confidently lead through change and transformation, making you an asset to any industry.

Top 3 C-Suite Positions: CEO, CFO and COO

Chief Executive Officer (CEO)

As the highest-ranking executive in a company, the Chief Executive Officer (CEO) is tasked with creating and driving the company’s strategic vision and mission. Achieving success is heavily reliant upon strong leadership, and the CEO is ultimately responsible for setting the overall direction of the company. With a focus on managing operations and resources, the CEO plays an integral role in the success of the business.

Salary: $220K Typical Salary in Australia

Job Growth: 4.6% projected job growth in 5 years

Job Satisfaction: 4.1/5

Variety of work: 4.5/5*

Chief Financial Officer (CFO)

The Chief Financial Officer (CFO) is a top-tier executive and the right-hand of the CEO.

A critical role in any company, the CFO is responsible for overseeing all financial aspects of the organisation, from planning and budgeting to accounting and risk management. Strong communication skills and a collaborative approach are a must for any CFO as they work closely with staff at all levels. For publicly traded companies, the CFO also represents the organisation at investor relations meetings.

Salary: $220K Typical Salary in Australia

Job Growth: 7.9% projected job growth in 5 years

Job Satisfaction: 4.3/5

Job Security: 4.1/5

Variety of work: 4.6/5*

Chief Operating Officer (COO)

The Chief Operating Officer (COO) plays a vital role in overseeing day-to-day operations and implementing the CEO’s strategic vision.

Reporting directly to the CEO, the COO’s primary responsibility is to ensure the smooth functioning of all business operations. While specific duties may vary between organisations, the COO is ultimately responsible for managing the company’s end-to-end operational process.

Salary: $210K Typical Salary in Australia

Job Growth: 7.9% projected job growth in 5 years

Job Satisfaction: 4.4/5

Variety of work: 4.3/5*

Other Job Opportunities after Graduating with an MBA

The corporate world is your oyster with an MBA coupled with ambition, drive, and a desire to change the world.

Besides C-Suite positions, an MBA enables graduates to explore other top-tier positions such as:

Business Development Manager            

Business Development Managers aim to expand the customer base of organisations. This involves investigating potential markets, forging lucrative partnerships, and finding innovative strategies to engage existing customers.

Job Growth: 4.4% projected job growth over 5 years

Salary: $105K Typical salary in Australia

Work-life balance: 4/5

Job Satisfaction: 4.2/5

Variety of work: 4/5*

Marketing Manager

Marketing Managers masterfully blend analytical prowess with a deep understanding of consumer behaviour to turbocharge business growth. Crafting and executing an array of strategies, successful marketing managers inspire new customers and expand existing revenue streams. By leveraging research, analysis and targeted campaigns, organisations are positioned for long-term success.

Job Growth: 4.4% projected job growth over 5 years

Salary: $110K Typical salary in Australia

Work-life balance: 4/5

Job Satisfaction: 4/5

Variety of work: 4.2/5*

Product Manager

Product Managers spearhead the guidance and development of a product in a cross-functional team. You will provide direction and leadership to the team, working closely with them to ensure successful product development. At the same time, you will serve as the voice of the customer, advocating for features and changes that align with customer needs. Through research, strategic analysis, and user testing, you will champion customer-centric solutions that drive product success.

Job Growth: 22.3% projected job growth over 5 years

Salary: $125K Typical salary in Australia

Work-life balance: 4/5

Career Progression Opportunities: 4/5

Job Satisfaction: 4.1/5

Variety of work: 4.1/5

Job Security: 4.1/5*

Entrepreneur

Entrepreneurship is a learnable skill that enables one to view things from a distinct perspective, spot opportunities, and balance calculated risks with potential rewards. As an entrepreneur, you’re expected to challenge conventions, disrupt the status quo, and find solutions in places where others don’t see any. Being goal-oriented, driven, and tireless is essential to success.

With your entrepreneurial expertise, you may launch your own startup, be part of a forward-thinking organisation, or lead a balanced lifestyle that is tailored to your needs and aspirations. Whatever you choose, as an entrepreneur, you have the freedom to pursue your passions, work on what inspires you, and live life on your own terms.

Business or Management Consultant

As trained professionals, Management Consultants offer strategic advice to drive financial and operational growth for companies facing complex challenges. Their expertise can also help to develop specialised skills for clients in need of additional support, and enhance the organisation’s overall performance.

Job Growth: 32.2% projected job growth over 5 years

Salary: $110K Typical salary in Australia

Work-life balance: 4/5

Career Progression Opportunities: 4/5

Job Satisfaction: 4.3/5

Variety of work: 4.4/5

Pay/Salary: 4/5*

Career prospects with an MBA are seemingly endless

We have just scratched the surface with the job opportunities after graduating with an MBA that are available. In any industry, MBA graduates are sought after and in high demand.

From Account Executive to Industry Specialist Manager, Investment Banking, Human Resource Manager, Financial Analyst and more, what these roles have in common is that they are lucrative and require graduates who have mastered people-centred leadership and industry expertise.

To find out more about the ICMS MBA, click here.

To find out more about the ICMS MBA (Business Analytics), click here.

To find out more about the ICMS MBA (Innovation and Entrepreneurship), click here.

To find out more about the ICMS MBA (Digital Transformation), click here.

* Seek.com. Average ratings calculated by Seek surveys, 2023. Facts and figures accurate at the time of publishing and may be subject to change.

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Masters, Master of Business Administration (MBA), News