Master of Business Administration [MBA] is one of the most opted career options after graduation. But with the number of people enrolling for General MBA increasing every year, many students are looking for alternative courses after MBA that will help them stand apart from the crowd. An added specialization always adds to your profile as it enhances career skills, inculcates business ethics, and aid in personality development. These courses also have a lot of scope in the job sector and will help you grow both professionally and personally. If you are one of those people who wish to explore and dive into better opportunities by pursuing different courses after MBA then you don’t need to look any further! Here is a list of top 9 courses after MBA that one can consider.
This Blog Includes:
- Financial Risk Management [FRM]
- Doctor of Business Administration
- Certified Information Systems Auditor (CISA)
- Chartered Financial Analyst [CFA]
- Ph.D. in Management
- ISB’s Certificate Programme in Business Analytics
- Certification in Risk Management Assurance [CRMA]
- Project Management Professional (PMP)
- Post Graduate Diploma in Computer Applications (PGDCA)
- Certified in Production and Inventory Management (CPIM)
- Data Science
Financial Risk Management [FRM]
Financial Risk Management [FRM] is a globally recognized degree awarded by the GARP (Global Association of Risk Professionals) that is intended to equip individuals with skills pertaining to risk management skills. The core emphasis of the course is acquainting you with principles of managing credit risk, liquidity risk, and market risk as well as non-market financial risks. Due to the vast opportunities it offers, FRM has become one of the most popularly opted courses after MBA. There are 2 routes of pursuing this course, either taking a degree program or giving the FRM exam.
Top Colleges for Financial Risk Management
- University of New South Wales
- University of Toronto
- University of Glasgow
- Trinity College
- Durham University
Read more about this course at FRM Syllabus!
Doctor of Business Administration
The focus of a Doctor in Business Administration is in providing you with the skills that will help you in converting theory to practice so that you can pursue opportunities beyond that of research and higher education. The degree will equip you with the skills to hold top executive positions in either university-level teaching (if you wish to pursue academia) or in a business. Many of the DBA courses are designed specifically in a way that allows networking opportunities to their students that can be pursued along with work.
Top Colleges for a Doctor of Business Administration
- Washington University in St. Louis
- University of Florida
- Drexel University
- University of Dallas
- St. Ambrose University
Certified Information Systems Auditor (CISA)
Issued by the Information Systems Audit and Control Association (ISACA), the CISA certification program provides a platform for those who want to advance their career in Information Systems, Auditing, and Security. For the certificate to get issued, you need to clear an exam, which is conducted in June, September, and December every year. Apart from this, an applicant also needs to satisfy the work experience requirements and complete the continuing education course.
Recommended Read: CISM Certification
Chartered Financial Analyst [CFA]
Though you can pursue the CFA course after graduation also but nowadays, it has become one of the most opted courses after MBA. To become a certified analyst, an individual needs to clear all the 3 levels of the course. Equity Investment, Business Ethics, Corporate Finance, Portfolio Management, Alternative Investments, etc are some of the major areas which you will cover in the CFA Level 1 and CFA Level 2. Once completed, you can find employment opportunities in profiles like Financial Strategist, Analyst, Consultant, Portfolio Manager, etc.
Ph.D. in Management
A PhD in Management is a degree that emphasizes research and focuses on providing and honing the fundamentals of business management and leadership skills that are critical to this industry. You will be involved in areas relating to monitoring, controlling, leading, planning and organizing of business activities. The core of this course is understanding the business challenges in an ever-changing climate. The course ideally runs for a duration of 4-5 years, where you will be expected to dedicate yourself solely to research from the third year.
Top Colleges for a Ph.D. in Management
- University of Surrey
- Swiss Business School
- ISCTE- University Institute of Lisbon
- Brno University of Technology
- Kaunas University of Technology
ISB’s Certificate Programme in Business Analytics
Offered by the coveted Indian School of Business [ISB], the Certificate Programme in Business Analytics [CBA] is a golden opportunity for working professionals who want to advance their knowledge in the field of Business Analytics. The students will have to attend classes for 6 days every alternate month for a year. To take admission, a candidate should hold a Bachelor of Engineering degree/Masters in Mathematics, statistics or a relevant field.
Certification in Risk Management Assurance [CRMA]
Offered by the Institute of Internal Auditors [IIA], the CRMA certification is proof of your ability to provide assistance in governance and risk management related issues. Apart from the degree requirements, one also needs to have a work experience ranging between 12-60 months. This variation is based on the type of degree you have graduated in. Furthermore, to maintain the certificate, one has to complete professional education after obtaining the designation.
Project Management Professional (PMP)
Offered by the Project Management Institute, PMP is another course after MBA which you can explore. To obtain the certificate, an individual needs to clear an exam that assesses knowledge on various domains like Monitoring and Controlling, Initiating, Closing, etc. The eligibility criteria of PMP certification has been given a rundown below:
- 4-year long degree, 3 years experience in leading projects, 35 hours of project management education/training/CAPM certification
- High school diploma/associate degree, 5-years experience of managing projects, and 35 hrs of management/CAPM/education
Post Graduate Diploma in Computer Applications (PGDCA)
If you are searching for options to pursue higher studies abroad after an MBA, then you must consider a Post Graduate Diploma in Computer Application. Encompassing the study of Information Technology, it imparts students with the basic foundational knowledge of Computer Applications with special stress on helping them learn the intricacies of software applications and programming languages. This course after MBA will equip you with the technical skills and combining the same with the professional exposure you got in your MBA degree, you will be able to explore a plethora of opportunities in IT and software industry!
Top Universities for PG Diploma Courses in Computer Applications:
- The University of Waikato
- The University of Canterbury
- Auckland University of Technology
- University of Auckland
- The University of Queensland
- Murdoch University
Certified in Production and Inventory Management (CPIM)
CPIM Certification is a suitable course for those planning to explore supply chain management courses after MBA. It is a globally acclaimed certification offered by APICS and the coursework is available online. It comprises of a total of five modules with two main APICS exams and fees for APIC PLUS Members which is $495 while for CORE member or no-members is $690 for each exam. Completing this short-term certification course, you can pursue higher-level opportunities in Logistics, Supply Chain Management and Material Management.
Know All About Supply Chain Management Courses!
With the growth of social media and the advent of new technology, a large amount of data is extracted from sources like log files, financial transactions, social media, etc. The data extracted is then analyzed to formulate a plan that can influence the decision of businesses. In such a society, there is a growing need for professionals who know how to comprehend this data in a meaningful manner and for this, pursuing a career in Data Science is the most suitable route. The demand and career prospects that open up after this course make it a good choice as a course after MBA. Though you can pursue MBA in Data Science but if you have completed an MBA in Information Technology or other related fields, you can then enroll in a data science course after MBA.
Top Colleges for Data Science courses
Want to know more? Check out Job-Oriented Courses After MBA!
Choosing to pursue a course after MBA involves clarity about where you see yourself in your career trajectory. You must be certain about what course to pursue and which is best suited for you. The gravity of this decision gives rise to many doubts but you don’t need to give into these apprehensions, because the experts at Leverage Edu, with their experience as well as psychometric and AI technology, can help you choose the best course and college for you.