Master of Business Administration [MBAis among the most popular career choices following the completion. However, with the number of students enrolling in General MBA increasing every year and increasing, students are searching for alternatives to their MBA, which will allow them to distinguish themselves from the rest of the applicants. A specialization added to your resume will always add to your professional profile since it boosts your professional skills, teaches business ethics, and can help develop your personality. The courses also offer plenty of potential for employment and can help you grow personally and professionally. If you’re one of those who want to investigate and discover new opportunities by taking different options following an MBA and you’re not required to go further! Below is the list of courses that follow an MBA to think about.
Is this the best course to take after an MBA?
Are you unsure of what to do following your MBA? There are a variety of short-term courses following an MBA that you can take to develop your skills in a highly lucrative field. These are the top 20 short-term programs after MBA:
- Financial Risk Management [FRM]
- Doctor of Business Administration
- Certified Information Systems Auditor (CISA)
- Chartered Financial Analyst [CFA]
- Ph.D. in Management
- ISB’s Certificate Program in Business Analytics
- Certificate for Risk Management Assurance [CRMA]
- Project Management Professional (PMP)
- Post Graduate Diploma in Computer Applications (PGDCA)
- Accredited as a CPIM Production and Inventory Management (CPIM)
- Data Science
- Data Analytics
- Human Resource Management
- Fellow Programs for Management at IIM’s
- Executive MBA
- SAP Course
- Person Development Course
- NSE’s Certificate for Financial Markets
- Foreign Language Course after MBA
- Coding Courses
Let’s talk about these short-term classes following an MBA:
1. Financial Risk Management [FRM]
Financial Risk Management [FRM] is a globally recognized diploma conferred to students by GARP (Global Association for Risk Professionals), designed to provide individuals with the necessary management risk. The main focus of the course is to familiarize you with the fundamentals of managing the risk of liquidity, credit risks, and market risk, as and non-market financial risks. Due to the many possibilities, the FRM course has become among the top frequently taken courses after an MBA. There are two ways of studying this course: choosing a degree or passing the FRM exam.
2. Doctor of Business Administration
The main focus of the Doctor in Business Administration is on providing the necessary skills that can assist you in converting theory into application so that you can explore opportunities that go beyond study and education. The doctorate will provide students with the necessary skills to assume high-level executive positions, either teaching at the university level (if you want to go into the academic field) or in the company. Many DBA courses are specifically designed to provide networking opportunities for their students, which they can pursue along with working.
3. Certified Information Systems Auditor (CISA)
The CISA certification program is an opportunity for individuals looking to expand their careers in Information Systems, Auditing, and Security. It is issued by the Information Systems Audit and Control Association (ISACA). To be eligible for the certification to be published, you have to pass an exam in June, September, and December. In addition, the applicant must also meet the requirements for work experience and take the continuing education course. IT auditors’ IT auditor’s duties include:
- Performing thorough audits of the IT infrastructure of the business.
- Supervising the management of information.
- Keeping systems up-to-date.
- Ensuring that IT operations comply with the requirements of various regulatory agencies.
4. Chartered Financial Analyst [CFA]
While you may take the CFA course following graduation, however, in recent times, CFA has been one of the most sought-after courses following an MBA. To be an analyst certified, one must pass all three stages of the program. Equity Investment and Business Ethics corporate Finance and Management of Portfolios, Corporate Finance Management, Alternative Investments, among others, are the main areas that you will learn about in CFA Level 1 and CFA Level 2. After completing the course, you will be able to be hired in positions such as Financial Strategist, Analyst, Consultant Portfolio Manager, Consultant, etc.
5. Ph.D. in Management
The Ph.D. in management is a doctoral degree based on research and concentrates on teaching and developing business leaders and management foundations essential to the field. The course will cover areas that involve managing control, leading, planning, and managing business operations. The primary focus of this program is understanding business issues in a constantly changing environment. The course is designed to last an average of four to five years. You are expected to commit all of your time to research beginning to end of your third year.
6. ISB’s Certificate Program in Business Analytics
It is offered by the renowned Indian School of Business [ISBand ISB, the Certificate Programme in Business Analytics [CBA] provides a fantastic opportunity for professionals working in the field looking to expand their expertise in Business Analytics. To be admitted, applicants must hold a degree in Engineering or a Bachelor of Engineering degree/Masters in Mathematics or Statistics or a related area. The participants will need to attend classes for six days on alternate days throughout one year.
7. Certificate for Risk Management Assurance [CRMA]
The Institute of Internal Auditors [IIAThe CRMA certification proves your ability to offer assistance with risk management and governance-related matters. Beyond the requirement for the degree, you must also have a work experience of between 12 to 60 months. The amount of time depends on the kind of degree you earned. In addition, to keep the certification, you need to pursue professional development following the issuance of the certificate. The IIA website states that the CRMA certification is appropriate for those who wish to be an advisor of trust of the audit committee. Control management in the vital areas of risk-based assurance and governance and quality assurance, or monitor self-assessment.
8. Project Management Professional (PMP)
It is provided in partnership with the Project Management Institute; PMP is another program following an MBA that you could take. To obtain this certification, one must pass an exam that tests skills in various fields like Monitoring and Controlling initiating, Closing, and many more. The requirements for obtaining the PMP certification are described below: an overview below:
- 4-year long degree, three years experience in leading projects, 35 hours of project management education/training/CAPM certification
- High school diploma/associate degree, 5-years experience in managing projects, and 35 hrs of management/CAPM/education
9. Post Graduate Diploma in Computer Applications (PGDCA)
Suppose you’re looking for ways to pursue higher studies in another country after completing an MBA. In that case, you must think about a Post Graduate Diploma in Computer Application. It covers the analysis of Information Technology. It imparts students with the foundational understanding of Computer Applications with particular stress on helping them understand the intricate details of software applications and a programming language. This program after MBA will give you technical abilities. When you combine that with the professional experience that you gained from your MBA degree, you’ll be able to take advantage of numerous opportunities in IT and the software industry!
10. Accredited for Production and Inventory Management (CPIM)
CPIM Certification is an appropriate training course for students who want to study courses in supply chain management following an MBA. It is a highly regarded certification provided by APICS, and the system is accessible on the internet. It comprises five modules, with two major APICS tests, and fees for APIC Plus Members are $495, while the cost for non-members or CORE members is $690 per exam. When you complete this short-term certification course, you will be able to explore higher-level positions in Logistics, Supply Chain Management, and Material Management.
11. Data Science
Due to the rapid growth of social media and technological advancements, the quantity of data is extracted from log files and social media, such as social media, financial transactions, etc. The information gathered is analyzed to create a strategy that will influence companies’ decisions. There is a rising need for people who can interpret the information meaningfully in a rapidly changing world. An occupation in Data Science is the most appropriate path to do this. You can also pursue an MBA to study Data Science. Still, if you already have your MBA focusing on Information Technology or other related fields, you may take an information science program after your MBA. This course’s job opportunities and demands make it a great choice and an option after MBA.
12. Data Analytics
Big data is now an integral part of the business, including management, retail, e-banking, and banking. All of this is because of technological advancements. Data analytics is a course offered at some of the most prestigious business schools and universities for students to study after completing an MBA. Some of the top companies and firms like Fractal Analytics and Latent View Analytics are always looking to employ data analysts.
13. Human Resource Management
The most sought-after areas for students to study following your MBA with a concentration in Human Resource Management. The course offers a vast job opportunity as all businesses have a department for human resources and are always looking for good human resource professionals. Several certificate programs can be taken in the field of human resources. These are listed in the following sections:
- Certified Professional in Learning and Performance
- Associate Professional in Talent Development
- Talent Management Practitioner
- Senior Talent Management and Practitioner
14. Fellow Programs on Management, IIM’s
The fellowship program in management offered by IIMs is an advanced doctoral management program. This program aims to provide students with extensive research experience and a broad understanding of different aspects of business management, including Production management, corporate strategy economics, and social sciences.
15. Executive MBA
The executive MBA is mainly designed for professionals who have experience but are looking for a promotion in their job or the opportunity to move up. The knowledge gained in this MBA is directly applicable to the professionals working in their work.
16. SAP Course
All industries utilize SAP to help make the software more effective. The SAPcourse, also referred to by the name Systems Applications and Products, provides education and improves the abilities of those who take it on. It also aids professionals working with SAP and its capabilities. The course is divided into two sections: Functional Course and Technical Course.
Also, read: Learn Everything about SAP FICO’s Certification Course.
17. Person Development Course
A personal development course is a required course that can be taken at any time by professionals or students. It can be helpful for anyone looking to develop and enhance their public speaking abilities and improve confidence if you’d like to pursue this course once you’ve completed your MBA.
Many students opt to complete this course in part-time classes between working or completing their MBA. This course is beneficial for students looking to better prepare for the job interview they will be attending.
Also, read about how MBA aids in developing personality and personal development: the importance of Stages, Books, and Books.
18. NSE’s Certificate on Financial Markets
The National Stock Exchange Academy offers this course. It includes a range of courses covering various aspects of banking, financial markets, financial services, and financial literacy.
The program offers an online certificate. It assists in developing abilities and practical knowledge that helps you to succeed in the world of finance. The test centers of NSE are located all over India.
Find out more about: Stock Trading Training for beginners.
19. Foreign Language Course after MBA
Foreign language courses and certificates are highly sought-after today and may even lead to employment opportunities in the international market. MNCs and outsourcing companies typically seek out business professionals who understand several languages. After your MBA, taking an international language program will expand your professional horizons. Learn the top foreign languages that you can study through this link.
20. Coding Courses
Coding is a second top choice among professionals since it has become a favored ability to master. It is possible to learn on the internet through online websites for learning or an official certificate or diploma program and earn a certificate for your chosen course in coding after completing your MBA.
Frequently Asked Questions (FAQs)
Can I do a Ph.D. after my MBA?
After completing an MBA, it is recommended to pursue a Ph.D. To be qualified for a Ph.D., applicants must achieve an average grade of at least 50 percent during their postgraduate studies and take an entrance exam. Anybody who’s completed their MBA is eligible to pursue the path of a Ph.D.
The job you want to do is the best one following an MBA?
The top 10 jobs for MBA graduates areas in the following order:
Business Operations Manager.
Health Services Manager.
Computer and Information Systems Manager
Investment Fund Manager, etc.
Could I be a lecturer after my MBA?
One of the options for career progression following MBA courses is becoming an instructor professional in the case of MBA pupils in the field where you’ve finished your specification. Suppose you want to work as a professor or lecturer at a university or college. In that case, you must take an exam called the NET (National Eligibility Test) or the SET (State Eligibility Test).
What is MBA more important than a Ph.D.?
A Ph.D. typically requires more time to complete than an MBA. Although most MBA courses require two years of full-time study, Some schools also offer one-year degree programs. Ph.D. programs require at least three years for completion, but the length of the time depends on how the student can finish the dissertation.
Do you think it is worth having a Ph.D. post MBA?
A Ph.D. could be pursued by those who have an MBA. If you’re looking to study the sciences or academics, having a Ph.D. following an MBA is a brilliant idea. You could look for opportunities with consulting firms that work in the industry.