Most Popular High-Paying Management Courses Other than MBA

High-paying jobs are becoming more competitive as the business world continues to change. While an MBA is frequently chosen for career progression, other management programmes also provide excellent opportunities. These courses aim to equip students with specialised skills that will help them pursue high-level positions.

If you are searching for alternatives to an MBA, you might want to look into online MBA programmes and management courses in finance, design, and related fields. For professionals and recent graduates looking for leadership roles, these management programmes are wise investments as they can result in high salaries and career advancement.

Online degrees, certificates, and diplomas are just a few alternative options for conventional MBA programmes. In addition to providing financial advantages, these in-demand courses assist students in developing new abilities. In today's cut throat job market, management courses other than an MBA offer a novel approach to management success, which we will discuss in the article below.

This article explores the top 10 high-paying management courses, highlighting their key details to help you stand out in the job market.

Also Read: 10 Free Online Management Certification Courses

List of Top 10 High-Paying Management Courses in India

The following table shows the top management courses in India that can lead you to the highest-paying jobs. Enroling in these courses will help you with your knowledge and professional growth.

Also read: Top Colleges Offering Online MBA in Banking and Finance

1. Master of Financial Management (MFM)

A Master's degree in financial management is one of the best management courses other than an MBA. This career-oriented programme provides students with both a contemporary and conventional understanding of accounting and finance management. The course encourages learners with no specialised knowledge and financial management skills to gain finance and accounting knowledge and skills.

Institutes such as Welingkar and MET Institute of Management offer Master of of Financial Management programmes. An MFM is a two-year postgraduate degree programme suited for applicants who have already been involved in finance, and risk management or completed a project management certification. After completing a Master of Financial Management, graduates can pursue the highest-paying jobs, such as financial analyst, investment manager, and even stock broker.

Eligibility criteria:

To be eligible for the Master of Financial Management (MFM) course, applicants must meet certain admission requirements. The Master of Financial Management (MFM) course eligibility criteria are as follows:

Job Opportunities:

• Credit Manager
• Insurance Manager
• Chief Financial Officer

Average Salary: Rs 7 LPA to Rs 35 LPA

2. Master of Management Studies (MMS)

The Master of Management Studies (MMS) is a 2-year postgraduate course that pays well. The programme is structured into four semesters, combining theoretical lectures, practical assignments, and internships. The MMS course focuses on developing management skills and knowledge, making it ideal for graduates seeking a career in management.

Institutes such as Jamnalal Bajaj Institute Of Management Studies and IIM Indore offer a Master of Management Studies (MMS) programme. With its comprehensive curriculum and practical approach, the programme can be a more rewarding choice than an MBA course.

Eligibility criteria:

To be eligible for the Master of Management Studies (MMS) course, applicants must meet certain admission requirements. The Master of Management Studies course eligibility criteria are as follows:

Job Opportunities:

• Investment Banker
• Project Manager
• Management Consultant,
• Account Manager
• Equity Research Analyst

Average Salary: Rs 3 LPA to Rs 10 LPA

Also Read: 40+ High-Demand Certification Courses Which Offer High-Paying Jobs

3. Master in Marketing Management (MMM)

This one of the high-paying management courses in India is designed to help students succeed in a multicultural and highly competitive marketing climate. Students can get a comprehensive knowledge of the marketing process through real-life scenarios (such as market analysis, sales teams, promotions, and more) and learn how to implement them in dynamic market environments.

Institutes such as Welingkar and Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) offer Masters in Marketing Management programmes. By enroling in an MMM course, students would become familiar with key marketing strategies and learn to create, incorporate and advance effective and successful marketing programmes.

Eligibility criteria:

To be eligible for the Master in Marketing Management course, applicants must meet certain admission requirements. The Master in Marketing Management (MMM) course eligibility criteria are as follows:

Job Opportunities:

• Marketing Manager
• Sales Manager
• Event Manager
• Project Supervisor

Average Salary: Rs 6 LPA to Rs 10 LPA

4. Post Graduate Diploma in Risk Management

A postgraduate diploma in risk management is a 1-year diploma programme designed to equip you with the latest risk management concepts and strategies. This is one of the best management related courses that will open up various career opportunities in diverse fields. The course will also provide you with risk management philosophy and practice in a large context.

Institutes such as Global Risk Management Institute (GRM Institute) offer a PG Diploma in Risk Management. The course curriculum covers all aspects of Financial risk management, Operational and Regulatory compliance, Cybersecurity risk management, Enterprise risk, IT risk management, and Third-party risk management.

Eligibility criteria:

To be eligible for PG Diploma in Risk Management courses, applicants are required to meet certain admission requirements. The postgraduate diploma in risk management course eligibility criteria are as follows:

Job Opportunities:

• Operational Manager
• Financial Risk Manager
• Supply Chain Risk Manager
• Cybersecurity Manager

Average Salary: Rs. 10 LPA - Rs 30 LPA

Risk Management Certification Courses by Top Providers

5. Post Graduate Diploma in Management

A Post Graduate Diploma in Management (PGDM) is a 2-year PG diploma programme that covers various aspects of the management and business fields. This is another one of the high-paying management courses in India offering specialisations in subjects such as banking, international business, HRM, and more.

Institutes such as NMIMS Hyderabad, Symbiosis Centre for Distance Learning, Great Lakes Institute of Management, and Badruka School of Management offer PG Diploma in Management programmes. Many working professionals and students prefer this management course as it sharpens their minds to solve the day-to-day challenges they face in their jobs.

Eligibility criteria:

To be eligible for the Post Graduate Diploma in Management course, candidates must meet certain admission requirements. The Post Graduate Diploma in Management course eligibility criteria are as follows:

Job Opportunities:

• Advertising Manager
• Marketing Manager
• Sales Manager
• Account Manager
• Supply Chain Manager

Average salary: Rs 4 LPA to Rs 7 LPA

6. PGDM in International Business

PGDM in International Business is a field-specific course that focuses on the professional growth of students in the field of international business. This is one of the high-paying management courses in India structured in a way that a student can understand the basic to advanced complexities of international business and associated aspects.

Institutes such as IPE India, Symbiosis Centre for Distance Learning, MDI Gurgaon, and FORE School of Management offer PGDM in International Business programmes. The course provides students with a realistic overview of how the international business world functions and how transactions are carried out.

Eligibility criteria:

To be eligible for the PGDM in International Business course, applicants must meet certain admission requirements. The PGDM in International Business course eligibility criteria are as follows:

Job Opportunities:

• Business Manager
• Relationship Manager
• Import and Export Head

Average salary: Rs 9 LPA to Rs 20 LPA

International Business Certification Courses by Top Providers

7. Project Management Professional Certification

This is one of the leading management certification courses in project management. The course will help a person improve his or her skills in setting a target and achieving it in a professional setting. An applicant for the MBA equivalent courses in India learns how to plan and execute company tasks.

Eligibility criteria:

To be eligible for the Project Management Professional Certification course, applicants must meet certain admission requirements. The Project Management Professional Certification course eligibility criteria are as follows:

Job Opportunities:

• Project Manager
• Project Designer
• Project Analyst

Average salary: Rs 6 LPA to Rs 15 LPA

8. Diploma in Event Management

Events are part and parcel of our lives. We have activities such as festivals, ceremonies, birthdays, marriages, and holidays in our homes, colleges, or workplaces. Some activities are as big as the Olympics, celebrity awards, political oaths, big weddings, and national and international competitions. Managing such events requires unique skills that can be learned by pursuing event management courses.

A Diploma in Event Management is one of the high-paying management courses in India that will train you to plan every kind of event. The course will also help you plan, assess, market, create and analyse an event.

Eligibility criteria:

To be eligible for the Diploma in Event Management course, applicants must meet certain admission requirements. The Diploma in Event Management course eligibility criteria are as follows:

Job Opportunities:

• Social Media Manager
• Event Planner
• Site Coordinator
• Event Specialist
• Venue Manager

Average salary: Rs 5 LPA to Rs 11 LPA

Event Management Certification Courses by Top Providers

9. Diploma in Hotel Management

There are a number of career-oriented management courses online and offline that one can pursue as MBA alternatives. A Diploma in Hotel management is one of the best management courses, focusing on the management of hotels, their administration, accounts, front office, advertising, food and beverage management, and catering.

Eligibility criteria:

To be eligible for the Diploma in Hotel Management course, applicants must meet certain admission requirements. The Diploma in Hotel Management course eligibility criteria are as follows:

Job Opportunities:

• Hotel Manager
• Housekeeping Manager
• Front Office Manager
• Restaurant Manager
• Food and Beverage Manager

Average salary: Rs 3 LPA to Rs 15 LPA

10. Post Graduate Programme in Public Policy and Management (PGPPM)

This is amongst the top management courses in India as it deals with improving efficiency and leadership skills among policymakers and administrators. The PGPPM also exposes learners to topical issues in management. Institutes such as IIM Bangalore offer a postgraduate programme in public policy and management.

Eligibility criteria:

To be eligible for the Post Graduate Programme in Public Policy and Management course, applicants must meet certain admission requirements. The PGPPM course eligibility criteria are as follows:

Conclusion

While an MBA remains a popular choice for candidates seeking management roles, these top high-paying management courses offer valuable alternatives that cater to different interests. By focusing on specialised skills and advanced knowledge, these management programmes can provide a competitive edge and open doors to rewarding career opportunities in management.

Whether you are drawn to finance, healthcare, or international business, exploring these management courses can help you make a successful career path in the dynamic field of management.