Is An MBA After BCA Worth It? Benefits, Challenges, Career Prospects & More

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Jagpreet

27 September, 2024

Is An MBA After BCA Worth It? Benefits, Challenges, Career Prospects & More

Did you know that most successful industrialists or businessmen suggest pursuing an MBA degree? Undoubtedly, it is the first course that comes to mind when a learner thinks of pursuing a degree, which offers immense professional and personal opportunities for growth.

If you are a BCA graduate and wondering which course to pursue, an MBA may be the right fit for you. After completing a BCA, an MBA is one of the most trending postgraduate courses in the job market. With an average salary ranging from 7 LPA to 12 LPA, completing an MBA degree after BCA has many advantages. What are the benefits? Why consider an MBA after? All your doubts will be cleared in this blog.

This blog will discuss the benefits, challenges, career prospects, salary, and top MBA colleges after BCA so that when you reach the end, you can decide for yourself.

Why Consider an MBA After BCA?

According to The Times of India 2021, the demand for technical managers is high. The newspaper stated, “The demand for jobs in consulting companies, e-commerce, and  technology is high.”

One of the most luring facts about an MBA degree is that it is in high market demand and has a high placement for students. With 100% placement from IIM Calcutta, IIM Kozhikode, and IIM Udaipur, the reports have stated that IT expert managers are needed to manage businesses and other industries around the job market. Besides the demand for the job, the salary expectations can go from a minimum of 7 LPA to a maximum of 25 LPA, depending on your job role, experience, skills, and more. Completing an MBA after a BCA Programme will be a lifetime successful road ahead, considering the pros and benefits it has attached to its value. And that is not it.

Benefits of Pursuing an MBA After BCA

Here are more benefits of an MBA after BCA:

  • Enhanced Career Opportunities: Pursuing an MBA after BCA significantly broadens your career prospects. Combining technical skills from a BCA course and business acumen gained from an MBA makes you a precious asset in the job market. This dual expertise opens doors to higher-level management positions often inaccessible to those with only a technical background. Recruiters seek individuals who can bridge the gap between technology and business strategy, making this combination attractive.

  • Get Competitive Salaries: MBA graduates with a BCA background often enjoy competitive salaries, which are substantially higher than those of their counterparts with only a BCA degree. In India, the salary range for MBA graduates can start from INR 4 lakhs per annum to INR 32 lakhs per annum, depending on the role and industry. Internationally, salaries can range from USD 20,000 to USD 117,500 per annum. This stark difference highlights the financial benefits of pursuing an MBA after a BCA.

  • Access to Diverse Job Roles and Senior Positions: An MBA after BCA equips you for various roles across different industries. Potential job titles include IT Manager, Business Analyst, Project Manager, and more. These roles not only leverage your technical skills but also require the strategic and managerial expertise gained from an MBA. Numerous success stories of professionals who have transitioned into senior positions demonstrate the versatility and value of this educational pathway.

  • Skill Development: An MBA programme is designed to develop a wide array of crucial business skills. Leadership, strategic thinking, and effective communication are critical skills honed during an MBA. These soft skills complement your technical knowledge, making you well-rounded and capable of tackling complex business challenges. The importance of soft skills in achieving professional success cannot be overstated, as they enhance your ability to manage teams, projects, and business operations effectively.

  • Networking Opportunities: One significant advantage of pursuing an MBA is the opportunity to build a robust professional network. MBA programmes offer numerous opportunities to connect with peers, faculty, and industry professionals. Additionally, alumni networks provide a valuable resource for career advice, job opportunities, and professional growth. These connections can be instrumental in advancing your career and staying informed about industry trends and opportunities.

 

Must Read: Online MBA vs Online MCA in Data Analytics: Which Degree is Right for You?

Challenges of Pursuing an MBA After BCA

Transitioning from a BCA to an MBA could be challenging for different reasons, be it transitioning from technology to business management or balancing your personal life and work. But the rewards are many. An MBA degree is highly beneficial in terms of career prospects. There are some challenges that one may face after the transition phase, but there are also multiple solutions to these challenges, like:

  • Peer pressure to follow the conventional route

  • Lack of proper mentorship and guidance

  • MBA degrees are often costly, but there are fee waivers and scholarships which students are generally not aware of

  • Myths about distance/online MBA colleges

  • Lack of knowledge about e-learning resources

Career Prospects of MBA after BCA

The demand for MBA graduates is increasing across various industries and sectors. Employers seek graduates with many skills that benefit the company and its employees. MBA graduates with a BCA background are especially in demand for roles like:

Job Role  Average Salary
IT Manager INR 13.8 LPA
Business Analyst  INR 9.7 LPA
Project Manager INR 17.4 LPA
Operations Manager INR 10.9 LPA
Financial Analyst INR 6.1 LPA
Marketing Manager INR 12.6 LPA
Human Resource Manager INR 11 LPA
Data Analyst INR 6.3 LPA

 

Some of the skills recruiters look for:

  • Technical proficiency

  • Leadership

  • Problem-solving

  • Ethical integrity

  • Business acumen

  • Communication

  • Adaptability

  • Ethical Integrity

  • Strategic Planning

  • Negotiation Skills

  • Team Management

High-Demand Sectors for MBA After BCA

Some of the high-demand sectors that require an MBA after BCA include these:

Information Technology Finance
Consulting Marketing
Operations Management E-commerce
Healthcare Management Data Analytics
Supply Chain Management Entrepreneurship

Top Companies Hiring MBA Graduates

Given the popularity of the programme, various industries around the globe actively recruit MBA graduates. Earning an MBA degree puts you ahead in the competition with immense professional and personal growth scope. Here is the list of top recruiters who are actively looking for professionals with MBA degrees:

  • Google

  • Microsoft

  • Deloitte

  • McKinsey & Company

  • Deloitte

  • Accenture

  • Morgan Stanley

  • J.P. Morgan Chase

  • Apple

  • IBM

Salary Expectations of an MBA Graduate

Your overall average salary increases when you transition from IT to business management or entrepreneurship. As you get trained to handle more significant responsibilities and understand business management, you can pitch for higher salaries.

Average salary of BCA graduates 3 LPA to 6 LPA
The average salary of an MBA graduate 5 LPA to 23 LPA

*The average salary of a BCA graduate or MBA graduate depends upon your skills, job role, and experience.

 

Also Read:  Guide to BCA Salary in India: Freshers & Experienced

This gap in the salary reflects that an MBA holds a prestigious stand for its role, including the skills that it enhances and the top companies that demand MBA graduates after BCA.

MBA After BCA Salary Distribution

  • Entry-level to Senior Management Salaries:

    Salaries for MBA graduates with a BCA background in India vary significantly depending on experience and specialisation.

Management Role Average annual starting salary
Entry-level positions  ₹5,00,000- 6,00,000/-
Senior management roles  ₹18,00,000- 23,00,000/-
  • Impact of Work Experience and MBA Specialisation on Salaries 

Work experience before enrolling in an MBA programme can increase postgraduates’ starting salaries. Otherwise also, the more experience you have, the more salary you get. Additionally, specialisations such as finance, IT management, and business analytics often attract higher salary packages due to their high demand in the market.

Top MBA Specialisations to Choose After BCA

  • Information Technology Management

  • Business Analytics

  • Finance

  • Human Resource Management

  • Marketing

  • Data Science

What are the types of BCom courses?

BCom courses can be classified based on their mode of study and specialisation. Learners can choose a particular mode of study that suits their needs. Approximately 11,000 colleges in India offer BCom programmes. These courses are available in a variety of modes. BCom courses are offered in various kinds of ways, including:

Full-time MBA This is a two-year regular MBA degree course taught in the traditional way of classroom learning system.
Distance MBA  This course is similar to a full-time MBA degree course; however, students do not need to attend the campus but rather just appear for examinations and submit the assignments. 
Online MBA Online MBA is one of the most convenient and flexible courses for students or professionals with other commitments besides studies. Online live sessions are held virtually in an interactive environment.
Part-time Mode: These courses have a curriculum similar to a distance MBA; however, candidates need to study in physical classes. Students typically need to attend the college on the weekends or specified days of the week in the evening.

Eligibility Criteria for MBA after BCA

Here is the basic eligibility you would need to get admission to an MBA:

  • You need to be passed out of a recognised university degree in any discipline or equivalent.

  • You should have a minimum 50% aggregate score in graduation or equivalent CGPA (45% for reserved categories).

  • You might need to pass national to college-level entrance exams such as the CAT, XAT, CMAT, MAT, etc. (not required in online MBA)

Fees for MBA after BCA

The fee structure for top MBA colleges in India varies significantly, ranging from INR 1.50 lakh at IIT Bombay to INR 33 lakh at IIM Ahmedabad.

While prestigious institutes like IIMs generally have higher fees, many institutions offer scholarships and fee waivers to make education more accessible. Scholarships are typically based on merit, financial need, or specific criteria such as leadership qualities and extracurricular achievements. You can also look for government schemes and private endowments providing financial aid.

Moreover, there is an option for fee waivers, which economically weaker sections can apply for. Many private institutes have EMI payment options, including Amity, Lovely Professional, and more. The private institute fees range from 1.5 LPA to 15 LPA, depending on the MBA’s NIRF ranking, recognition, and programme structure.

General Syllabus for MBA programme

Semester 1 Semester 2
Management Concepts & Organisational Behaviour
Managerial Economics Accounting for Managers 
Business Environment and Law 
Research Methodology
Financial Management Marketing Manager
Human Resources Management 
Operations Research and Management
Strategic Management
Semester 3 Semester 4
Consumer Behaviour 
Performance Management Merchant Banking and Financial Services
Management Control Systems 
Entrepreneurship Management
Investment and Portfolio Management
Services Marketing Information Technology and E-Business
International Business Training and Development 
Project Work

Quick Guide: Select the Right MBA Programme

  1. Define your career goals and choose a specialisation.

  2. Decide between full-time, part-time, executive, or online study modes.

  3. Research the reputation and rankings of business schools. (NIRF rank, recognition, etc.).

  4. Ensure the programme is accredited.

  5. Consider location based on costs and job markets.

  6. Look for solid alumni networks and networking opportunities.

  7. Check the curriculum and faculty quality.

  8. Compare tuition fees and available scholarships.

  9. Investigate average starting salaries and placement rates.

  10. Choose the best MBA programme for your needs.

Top colleges for MBA after BCA

Now that we have covered all about MBA after BCA, it is time to look at some of the top B schools in India and their ranking. Make sure you pick the college based on your desired specialisation, future career options, salary, projects, and budget.

Institute NIRF Ranking 2024
Indian Institute of Management (IIM) Ahmedabad 1
Indian Institute of Management (IIM) Bangalore 2
Indian Institute of Management, (IIM) Kozhikode 3
Indian Institute of Technology, (IIT) Delhi  4
Indian Institute of Management (IIM) Calcutta 5
Indian Institute of Management (IIM) Mumbai  6
Indian Institute of Management (IIM) Lucknow 7
IIM Indore 8
XLRI-Xavier School of Management  9
Indian Institute of Technology, (IIT) Bombay 10

Source: Top MBA Colleges in India

Logging Out

The career after BCA is bright, and there is no doubt about it. The job market is hiring IT professionals skilled in managing and planning businesses. With a booming industry in India and around the globe, the recruitment for business planners, cyber managers, project managers, and consultants is higher. You can pick the job role based on your favourite specialisation. The demand for leadership roles is high, so prepare yourself with the enhanced skills that an MBA could provide after BCA. This is your chance to transition your job role into a higher role and get the salary that you deserve. Take the chance and write about the future you have always wanted for yourself. Enrol today!


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