Pursuing a Master’s of Business Administration, you must think of ROI first. So, what will be the ROI going to be in the Marketing and Finance fields? What career would you like to have the opportunity in?
This blog “Best Career in Finance vs Marketing: Online MBA” will answer all your questions nd guide you for the career options after Online MBA. It depends on the specialization in which field you are eligible for jobs. For example, after an Online MBA in Finance, you get the most opportunities in finance, banking, and Investment banking, etc., whereas after an Online MBA in Marketing, most opportunities will be in marketing, branding, communication, etc.
Let’s understand both the courses and the best careers out there.
What is an Online MBA?
An online MBA is a PG degree course that helps you learn business skills from home. You can study while working. You can pick marketing, finance, or other subjects as your main specialization. It is a 2-year program with lower fees, flexibility, and convenience for students and working professionals.
Online MBA in Marketing
An online MBA in marketing teaches you how to sell products and understand customers. You learn to make ads, use social media, and be responsible for taking your product/service to the market and customer eyes, which eventually helps companies grow.
What you learn:
- How customers think and buy things
- Making ads for Facebook, Instagram, Google
- Building brand names that people remember
- Finding out what customers want
- Selling techniques
- Marketing in different countries
Online MBA in Finance
An online MBA in finance teaches you about managing finances. You learn how to help companies make smart money decisions and invest properly by taking care of revenue and the flow of money.
What you learn:
- Managing company money
- Where to invest money for profit
- Understanding risks with money
- Stock market and banking
- Buying and selling companies
- International money business
Career After Online MBA in Finance and Marketing
An Online MBA in Marketing gives you many job opportunities :
Jobs you can get:
- Marketing Manager: ₹5,50,000 – ₹10,00,000 per year
- Digital Marketing Head: ₹6,50,000 – ₹12,50,000 per year
- Brand Manager: ₹6,00,000 – ₹11,00,000 per year
- Product Marketing Manager: ₹6,25,000 – ₹11,50,000 per year
- Marketing Data Expert: ₹6,50,000 – ₹12,00,000 per year
- Chief Marketing Officer: ₹12,50,000 – ₹25,00,000 per year
Top Recruiters:
- IT companies like TCS, Infosys
- Online shopping sites like Amazon, Flipkart
- Medicine companies
- TV and entertainment companies
- Banks
- Consulting companies
An Online MBA in Finance leads to finance-related jobs:
Jobs you can get:
- Financial Analyst: ₹5,00,000 – ₹8,00,000 per year
- Investment Banking Associate: ₹8,50,000 – ₹16,50,000 per year
- Corporate Finance Manager: ₹7,50,000 – ₹13,50,000 per year
- Portfolio Manager: ₹10,00,000 – ₹20,00,000 per year
- Financial Planning Manager: ₹7,00,000 – ₹12,50,000 per year
- Chief Financial Officer: ₹16,50,000 – ₹42,00,000+ per year
Top Recruiters:
- Banks like HDFC, ICICI
- Investment companies
- Company finance departments
- Insurance companies
- Real estate companies
- Consulting firms
What Skills Are Required for Marketing and Finance
An online MBA in marketing program requires you to have these skills:
- Think of new creative ideas
- Good communication
- Understand what numbers mean
- Know what customers like
- Can change with new trends
- Work well in teams
The online MBA in Finance program requires you to have these skills:
- Good with math and numbers
- Very careful with details
- Can make financial plans
- Understand money risks
- Think about big plans
- Use finance software well
Future Job Market: Marketing Vs Finance
Marketing jobs are growing fast because of the internet and technology:
Why marketing is growing:
- More online business
- Companies using AI for ads
- Focus on customer happiness
- Social media marketing growth
- Online shopping increases
Finance jobs are also growing with new technology:
Why finance is growing:
- New fintech companies
- People want safe investments
- Companies need to follow money rules
- Using data in finance
- Better risk management is needed
Conclusion
Online MBA is getting popular because of its benefits, whether you choose marketing or finance, an online MBA lets you study while working. This is great because you don’t have to quit your job.
The Online MBA in Marketing and the Online MBA in Finance programs have great scope. Pick the one that matches your skills and career aspirations.