Most Popular High-Paying Management Courses Other than MBA

Most Popular High-Paying Management Courses Other than MBA

Edited By Vivek Kumar | Updated on Nov 09, 2024 10:48 AM IST | #General Management

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 present excellent prospects. These courses aim to equip students with specialised skills that will help them pursue high-level positions.

Most Popular High-Paying Management Courses Other than MBA
Most Popular High-Paying Management Courses Other than MBA

If you are searching for alternatives to an MBA, you might want to look into dual-track 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 cutthroat 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 will explore 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. Enrolling in these courses will also help you with your knowledge and professional growth.

Management Courses
Duration
Master of Financial Management (MFM)
2 years
Master of Management Studies (MMS)
2 years
Master in Marketing Management (MMM)
2 years
PG Diploma in Risk Management
1 year
Post Graduate Diploma in Management
2 years
PGDM in International Business
2 years
Project Management Professional Certification
2 years
Diploma in Event management
1 year
Diploma in Hotel Management
3 years
Post Graduate Programme in Public Policy and Management (PGPPM)48 weeks


Also read:

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 like 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:

Particulars

Values

Master of Financial Management (MFM)

  • Bachelor's degree with a minimum of 50 per cent (45 per cent for the reserved category candidates)
  • Students who have studied subjects like trade or finance in their graduation are preferred.
  • Many colleges require candidates to have at least 2 years of work experience in the finance field.


Job Opportunities:

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 like 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:

Particulars

Values

Master of Management Studies (MMS)

  • Bachelor's degree
  • Some institutes ask candidates to have passed an entrance examination like CAT, GMAT, GRE, or MAH-MBA CET
  • Students in the final year are also eligible to apply for this programme.


Job Opportunities:

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

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:

ParticularsValues

Master in Marketing Management (MMM)

  • Bachelor's degree from a recognised university
  • Candidates with any experience can apply for this course


Job Opportunities:

  • Marketing Manager
  • Sales Manager
  • Supply Chain Manager
  • Event Manager
  • 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 like 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:

ParticularsValues

Post Graduate in Risk Management

No prerequisites are needed


Job Opportunities:

  • Financial Risk Manager
  • Operational Risk Manage
  • 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:

ParticularsValues

Post Graduate Diploma in Management

  • Bachelor's degree from a recognised university
  • Candidates with working experience would be preferred

Job Opportunities:

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 like 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:

Particulars

Values

PGDM in International Business

Bachelor's degree from a recognised university

If a candidate scored below 50% in a bachelor's degree, they had to undergo a Standard Entry Test to get admission.


Job Opportunities:

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:

Particulars

Values

Project Management Professional Certification

Candidates must have a four-year degree with 36 months of experience leading projects


Job Opportunities:

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 like 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:

Particulars

Values

Diploma in Event Management

Candidates must have passed 10+2 in any stream from any recognised board.


Job Opportunities:

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

Particulars

Values

Diploma in Hotel Management

Candidates should have completed 10+2 with a minimum of 40% marks with English as a compulsory subject.


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 like 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:

ParticularsValues

PGPPM Course

The programme is open to officers of All India Services, Central Services—organized and non-organized, technical and non-technical, faculty members of State Administrative Training Institutes, State Civil Services (SCS) and Non-State Civil Services (NonSCS).

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 programs 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.

Frequently Asked Questions (FAQs)

1. Can these high paying management courses be completed in classroom mode?

Yes, these high paying management courses can be completed in both classroom and online modes, providing flexibility for working professionals to choose the format that best suits their schedules and learning preferences.

2. How long does a management course take to complete?

The duration of management courses varies depending on the programme types. Short-term certification courses may last a few weeks, while more comprehensive management degrees or MBA alternatives can take 1 to 2 years to complete.

3. Do these high paying management courses provide certificates?

Yes, upon successful completion of these high paying management courses, participants receive certification. These certificates serve as official recognition of the skills and knowledge gained, boosting career advancement opportunities.

4. Are management certification courses costly?

The cost of management certification courses varies depending on the institution offering the programme. Some of the top management courses may have higher fees, but there are also affordable alternatives, including online programmes and MBA substitutes.

5. What are the advantages of having online management certification courses?

Obtaining online management certification enhances career opportunities by validating your expertise in the management field. If you are an entrepreneur, these certifications can also build credibility and trust with customers and stakeholders.

6. What are the exam patterns for high paying management courses?

Most high-paying management courses follow an online multiple choice question (MCQ) exam format. Students can choose a convenient exam centre and schedule their exams during designated exam periods for each subject.

7. Who can pursue high paying management related courses?

Anyone with an interest in management and a desire to build a successful career in the field can pursue these courses. Upon completion, students receive both a mark sheet and a convocation certificate, formalising their achievement.

8. What are some of the best MBA alternative degrees?

In addition to traditional MBA programmes, there are various alternatives, such as specialised master's degrees and MOOCs (Massive Open Online Courses) in areas like finance, marketing, and operations management, offering flexible learning options for career advancement.

9. Are online management courses as valuable as traditional classroom based ones?

Yes, many online management courses are offered by reputed institutions and are just as valuable as traditional classroom based courses. Online courses offer flexibility, and many are accredited, ensuring their credibility in the job market.

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Questions related to General Management

Have a question related to General Management ?

Dear aspirant

In private colleges there are mainly two types of seat that is  management quota and NRI quota in most of the college if there are no govt quota seat in that particular college.

So there is no difference in tution fee on the basis of category, everyone have to pay the management quota fee's whether they are Gen or obc or schedule caste. For NRI quota, tution fees will be different.

If you mentioned any college name then we will be able to tell more about seat matrix and tution fees for that.

Use neet college predictor tool for to predict which of  medical College you might get at your expected marks, link is below

https://medicine.careers360.com/neet-college-predictor

Hope it's helpful for you

Good luck


See the distance education was very underestimated for years in India. But now a days, if you want to update your professional entity, then its a good choice to go for the Distance Education or Online Education courses. So yeah! If you pursue the course of General Management through Distance Education and if you can enable your skills as per the curriculum, then you will be benefited in future.

Top Government Distance Management colleges:

IGNOU Delhi

BRAOU Hyderabad

Manage Hyderabad - NIAEM

School of Distance Education, Andhra University

YCMOU Nashik

Tamil Nadu Open University, Chennai

Centre for Distance Education, Anna University, Chennai

Krishna Kanta Handiqui State Open University, Guwahati

Madhya Pradesh Bhoj Open University, Bhopal

KSOU Mysore


To know more about Distance MBA, visit the link below:

https://www.careers360.com/courses/distance-mba

I hope this answer helps. All the very best for your future endeavors!

Hey Young candidate!! Firstly here is an analysis of the overview of the courses,

The General Management MBA course focuses on introducing contemporary business modules and providing guidance to think through advanced business strategies with a global perspective. Candidates who will be pursuing a general management degree will be capable to supervise, plan and direct the team.

MBA in Operations Management aids in the development of an organisational skill set in individuals, which is essential in the world of business. The professional degree involves training in areas such as planning, production, manufacturing, marketing, and maintenance etc.

Hope this gives you a clue to choose the stream that you actually wish to pursue,

All the best!!!

Hi,

IIM Bangalore is one of the top IIM of the country, and in turn, the top B-School of India after IIM Ahmedabad. IIM Bangalore offers one year Executive Post Graduate Program (EPGP). The course is taught in four term modules including international immersion in last module. Employers these days are keen to recruit people with EMBA degrees rather than fresh MBAs as they are a talent pool with the right mixture of managerial experience and training. That's why the companies are also ready to pay high remuneration to candidates with Executive MBA degree. The mean salary of Executive MBA graduates from IIM Bangalore was Rs. 23.5 lakh per annum for the year 2018.  The eligibility criteria for the Executive management program is as follows:

Graduation in any discipline with a minimum of 50% marks or equivalent Cumulative Grade Point Average (CGPA). Applicants from SC ,ST and PwD categories should have a minimum of 45% or equivalent CGPA. [*Applicant/s who have not undergone any Bachelors Degree but completed their CA/ICWA/CS after Class XII, are also eligible to apply for EPGP 2022. The requirement of minimum percentage marks /CGPA remains same as mentioned above]

• Minimum 5 years (and preferably less than 12 years) of work experience as on March 31, 2022,after completion of graduation.

• A valid GMAT or GRE score




Hope it helps.

Hi, so basically the eligibility criteria for the university course is as follows:

Pass in the (10+2) examination from State Board / CBSE / NIOS / IGCSE / IB / ICSE recognized by the State or Central Government.

Candidates who are due to appear in the (10+2) examination are also eligible to apply.

It is one of its kind Program providing exemptions/credit transfer based on your progress in the CS course

It is a blend of laws, finance, and management courses

Industry designed curriculum that delivers technical excellence and supplements professional skills

Its a host of Skill Enhancement and Ability Enhancement Courses in addition to Core Courses

Hope this is helpful


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