We spent a lot of money educating our son at an Ivy college in the US. Now after getting an MBA he says he wants to work in an NGO. His starting salary is 20,000 rupees a month. What are his prospects in the NGO sector?

Ans: Finance is quite a broad field. There are options like Banking, Equity research, Asset management, project management, etc. For govt. jobs some of them do come to campus for recruitment for others you may have to write their exam like the RBI exam.

Ans: BSc Eco Hon.. are you asking further studies or career options.Please clarify.

Ans: Hello Jagdish,

First and foremost, thank you for getting in touch with us. I am happy to hear that your son is pursuing Bachelor of Commerce (B.Com) in Economics and Analytics. As an answer to your query, I would like to tell you that post graduating with a B.Com. in Economics and Analytics from N.M. College, Mumbai, several employment options will be available to your son both in India and overseas. In India, he may look into market research, financial analysis, data analysis, or consultancy positions in a variety of sectors viz., finance, banking, e-commerce, or analytics companies. In order to improve his employment opportunities further, your son could also think about pursuing further education viz., specialized master’s programs in finance, economics, or data analytics, or an MBA. Overseas, based on the local labor market and visa policies, your son could investigate comparable job options in consulting, finance, or data analysis. Moreover, in order to acquire worldwide exposure and experience, your son could also think about seeking internships or entry-level jobs in multinational corporations with offices in both India and other countries.

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Ans: Try to contact his friends or seniors and check if there are openings that they have. A lot of openings get filled using network. Can also do some courses that are relevant to his field in the mean time.

Ans: He can do MBA in any field of interest. As his Math his weak, either Marketing, Consulting or HR would be preferred over Finance or Systems. He can actually decide his field of specialization in 2nd year as 1st year is common. Whether he wants to do MBA in India or Abroad will depend on which college he gets admission and where he wants to settle. If he wants to settle in India in the future then doing MBA from India would be better.