Top 5 Career Options after BBM - Eligibility, Salary
Bachelor of Business Management (BBM) is a three-year undergraduate degree curriculum in business management. This course is offered at several private and governmental institutions and colleges. This course is suitable for students who have a basic understanding of businesses. Students have career options after BBM in various sectors such as consultancy, banking and advertising.
Best Career Options after BBM
After completing BBM, most graduates consider continuing their education and pursuing an MBA. However, there are numerous job opportunities after BBM graduates. Both governmental and private organisations want BBM graduates for entry-level roles. Some of the more popular career options after BBM are listed below.
1. Financial Analyst
A financial analyst evaluates the effectiveness of a business action and determines the company's prospects and profitability. This requires a solid understanding of financial accounts, corporate operations, and the macroeconomic landscape. BBM graduates have an advantage over others because they gain these abilities as part of their degree.
2. Business Development Executive
Business Development Executives work for organisations, bringing new ideas for business growth. They look for innovative ways to improve product quality and expand their current products. They apply their knowledge of the firm, its offerings, and its products and services.
They must communicate with clients, seek investment funds, and investigate possible business leads as firm representatives. Becoming a Business Development Executive will be one of the best careers after BBM.
3. Associate Manager
An Associate Manager reports to the manager and obeys his orders. He is the primary point of contact between the manager and the staff. He or she is also involved with the organisation's recruitment process. He or she is responsible for responding to client phone calls and questions.
4. Marketing Manager
A Marketing Manager supervises staff and organises marketing campaigns for companies across industries. It is done to ensure that marketing strategies align with product launches and customer needs. He or she works with members of the advertising and sales divisions. He or she also plans and executes brand events or product launches as part of their marketing efforts.
5. IT Risk Analyst
An IT Risk Analyst detects and addresses possible IT hazards associated with the company's business activities. He or she must be familiar with business procedures as well as the integration of IT systems. BBM graduates with a concentration in IT & Systems are well suited to work as IT Risk Analysts.
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Salary Trends after BBM
The salary is determined by several criteria including the candidate's experience and the job description selected by the candidate. As the candidate gains experience, his or her income will improve. In the table below, we have covered the most popular job roles and their average annual pay.
| Job Profiles | Education Requirement | Average Annual Salary |
|---|---|---|
Financial Analyst | Bachelor’s degree after 10+2 followed by revelations certifications and skills development. | Rs. 6 Lakhs |
IT Risk Analyst | Bachelor’s degree after 10+2 followed by a relevant internship and practical experience | Rs. 6.5 Lakhs |
Marketing Manager | Bachelor’s degree after 10+2 followed by master’s degree and practical experience in desired specialisation. | Rs. 14 Lakhs |
Business Development Executive | Bachelor’s degree after 10+2 followed by gaining relevant skills. | Rs. 4.26 Lakhs |
Associate Manager | Bachelor’s degree after 10+2 followed by master’s degree and practical experience. | Rs. 15.1 Lakhs |
Source: Glassdoor, AmbitionBox, PayScale
Note: These salary figures are for reference purposes and may vary depending on various factors, such as designation, experience, skills, and job location.
Government Jobs after BBM
Government positions are another popular choice in India for those looking to advance their careers after BBM. Several competitive exams are held for graduates to fill government job openings. Some of the common competitive tests following BBM are listed below:
Government Exam | Exam Description | Average Annual Salary |
|---|---|---|
State Bank of India (SBI) conducts the SBI PO exam every year to identify qualified candidates for the position of Probationary Officer. The SBI PO exam is divided into three parts: preliminary, main, and psychometric tests, interviews, and group exercises. | Rs. 6.24 Lakhs | |
SBI conducts the SBI Clerk test to recruit candidates for Clerical Cadre positions. The selection process is separated into two stages: preliminary and main examinations. | Rs. 3.48 Lakhs | |
The Institute of Banking Personnel Selection Probationary Officers, or IBPS PO, conducts an exam to recruit Probationary Officer/Management Trainee (PO/MT) positions in 11 Indian public sector banks. The IBPS PO test consists of three parts: the preliminary exam, the main exam, and the interview. | Rs. 6.5 Lakhs | |
The Reserve Bank of India conducts direct recruitment for Grade B Officers in Combined Seniority Group (CSG) streams. The RBI Grade B exam is quite popular among people wanting a career in finance. | Rs. 6.6 Lakhs |
Source: Glassdoor, AmbitionBox, PayScale
Note: These salary figures are for reference purposes and may vary depending on various factors, such as designation, experience, skills, and job location.
Conclusion
A Bachelor of Business Management (BBM) degree opens up a wide range of job opportunities in finance, marketing, human resources, and entrepreneurship. BBM graduates are well-prepared to flourish in a variety of industries, seek further education, or launch their businesses with a strong foundation in business principles and practical abilities.
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Frequently Asked Questions (FAQs)
MBA is the best course to take after BBM because it allows for a variety of specialisations.
BBA equips students for entry-level management careers in a variety of industries, whereas BBM prepares students for organisational leadership roles.
BBM graduates earn an average annual income of Rs 3 to 8 lakh in India.
A BBM degree focuses on personal development, and a degree in the discipline can lead to a variety of career opportunities. Graduates can find job opportunities after BBM at prominent businesses such as Goldman Sachs, Deloitte, and Citi Group.
Those with a BBM degree have a wide range of job opportunities. Many reputable companies are looking for BBM graduates to work for them. Accenture, Google, Infosys, Cognizant, TCS, Goldman Sachs, and Deloitte are among the top recruiters.