MBA Scope

Auditing is expressing opinion on true and fair view of state of affair of area under audit, reporting gap or finding and providing a recommendation, which management may decide to implement. Consulting start with problem for which solution has to be found, it is assisting the management for getting the problem/issue /area of consulting addressed. Auditing stakeholder can be both external and internal, consulting stakeholders are generally internal management. Both require different mindset of professional performing the task, auditor has to be person with high repute, technically sound and able to understand visible /invisible information, high on ethic and integrity, he should have courage and conviction, and report transparently. Consultant should be expert in his area of consulting, work like trusted advisory or friend who can understand the concern well and provide implementable solution both over short and long run. To answer your query, yes MBA would help you in becoming a successful management consultant.

The scope for an MBA in operations in India are immense. I know many companies such as L&T Engineering, TVS motors, Zuari group, Bosch are some examples and scores of other cos have recruited/are hiring freshly minted MBAs for their operations. Banks such as, Yes Bank also hire for their operations. There is lot of scope besides other functions/disciplines like general management roles, sales & marketing, finance, consulting and so on. There are product management roles also in technology cos. But, it is paramount that you graduate from a good MBA school, preferably in top 30 schools. The average salary for operations will be about INR. 12 lacs per annum, of course depending on the MBA school you graduated, and the company you are hired.