What is The Salary of a UGC NET-Qualified Person?

The rise of online learning platforms has brought about a notable shift in pursuing higher education.

Value of UGC NET Certification for Graduates of MBA Programs

This has increased accessibility to education for a wider range of people, including career-advancing working professionals. Of all the online programs offered, the Online Master of Business Administration (MBA) degree has become quite popular. Combined with a credential such as the University Grants Commission National Eligibility Test (UGC NET-Qualified), it provides access to a wide range of public and private job options.

The Growing Popularity of MBA Programs Online

The Development of Distance Learning:

• Over the last two decades, the educational environment has changed dramatically, with the introduction of online learning platforms made possible by technological breakthroughs. Because of its accessibility, affordability, and flexibility, online education is growing in popularity. 
• The Indian market for online education is predicted to increase at a compound annual growth rate (CAGR) of 52% to reach $1.96 billion by 2021, according to a KPMG analysis.

Online MBA Courses: 

A Practical Choice for Professionals in the Workforce. In the corporate world, the Master of Corporate Administration (MBA) degree is highly valued since it provides people with the information and abilities needed to succeed in a variety of managerial positions. Online MBA programs have made it possible for working individuals to seek higher education.

Comprehending the UGC NET Eligibility

UGC NET: What is it?

The University Grants Commission National Eligibility Test (UGC NET) is an entrance test administered at the national level in India that determines a candidate’s eligibility for a Junior Research Fellowship (JRF) or assistant professor position in Indian universities and colleges.

The Value of UGC NET Certification

Criteria for Assistant Professorship:

 Passing the UGC NET test is a prerequisite for hiring assistant professors in Indian institutions and colleges.

Junior Research Fellowship (JRF):

 A stipend to support research in the topic of choice is awarded to qualified candidates.

Ways for Employment for UGC NET-Qualified Online MBA Graduates 

• Educational Industry 

Faculty Assistant:

Those who meet the requirements for the UGC NET and have completed an online MBA program can work as assistant professors at universities, business schools, and management schools all around India. They oversee academic administration, research, and teaching as an assistant professor.

Research Associate: 

MBA graduates can also work as research associates at academic institutions, supporting faculty members with research projects and publications, if they have completed the UGC NET qualification.

• Corporate Industry

Business Analyst: 

UGC NET-qualified MBA graduates can work as business analysts across a range of sectors. They are in charge of conducting operational analyses, spotting areas for development, and formulating smart suggestions to raise organizational effectiveness.

Marketing Supervisor: 

Promote goods and services, pinpoint target audiences, and create marketing plans, marketing managers are essential. Graduates of UGC NET-qualified MBA programs with a marketing concentration can do well in this position.

•  Government Industry

Public sector undertakings (PSUs):

 A large number of PSUs in India hire UGC NET-qualified individuals for a range of management and administrative roles. These comprise businesses in industries including telecommunications, oil & gas, banking, and finance.

Civil Services:

MBA graduates hoping to work in the Indian Civil Services may find it advantageous to pass the UGC NET test. Candidates who meet the UGC NET qualifying requirements are excused from the first phase of the UPSC Civil Services test.

Expectations for Salary for UGC NET-Qualified Online MBA Graduates

Academic Industry Salary Category

• In India, an assistant professor’s pay varies according to experience, education, and the kind of school. The beginning wage range for Assistant Professors with an online MBA who meet the requirements for the UGC NET is around Rs. 25,000 to Rs. 40,000 per month.
• The normal monthly salary for research associates is from Rs. 20,000 to Rs. 30,000, depending on the organization and the type of research project.

Pay Scale in the Corporate Industry

• In India, a business analyst’s pay varies based on their level of expertise, industry, and region. The beginning wage range for entry-level business analysts is between Rs. 4 lakh and Rs. 6 lakh annually.
• The average annual salary for marketing managers ranges from Rs. 6 lakh to Rs. 10 lakh, depending on experience, sector, and region.

Pay Scale for the Government Industry

• The pay scale for UGC NET-qualified applicants hired by public sector projects varies based on the company, role, and level of expertise, among other criteria. The beginning wage range for entry-level management trainees is between Rs. 8 lakh and Rs. 10 lakh annually.
• The beginning wage for candidates chosen for the Indian Civil Services is around Rs. 56,100 per month (allowances not included). Candidates with UGC NET qualifications have an edge over others since they are excluded from the first stage of the UPSC Civil Services examination.

Conclusion

A person looking to progress their career in academics or management can find a wealth of chances by enrolling in an online MBA program and passing the UGC NET test. UGC NET-qualified online MBA graduates are in great demand, offering competitive pay possibilities and the chance to have a significant effect in their chosen profession, whether in the corporate, government, or academic sectors.