Starting your MBA journey is a life-changing experience, and one of the most important decisions you’ll make is deciding on a specialization. India’s dynamic corporate sector provides an array of opportunities, each appealing to certain career goals.
Now that the MBA admissions season has started, candidates must prepare to make the career-defining decision – Choosing an MBA specialisation can be as challenging and confusing as deciding on a career option or an MBA the college. We have discovered the despite the fact that MBA Colleges continue to develop highly specialized courses and programs, such as MBA in Entrepreneurship or MBA in Hospitality & Tourism, a large proportion of management aspirants continue to consider toward a few traditional specialisations. Let’s look at the top MBA specialties that can help you shape your career in business.
Choosing the correct MBA specialization in India can be a challenging task, but it is important to take attention when making this decision. At the end of the first year, students at top B-Schools in India, such as IIM, can choose their Specialization. However, some universities ask students to choose their specialization on the day of admission. This is why students should conduct initial research. Here are some pointers to consider when selecting an MBA specialization:
Interests and Goals: Simply because a person’s interest is an effective motivator, it is important that a student’s interest align with the MBA Specialization.
Students can find the MBA specialization they want by researching all MBA specializations. This will give them an idea of how one specialization differs from others.
Long-term Career Goals: If the student already knows their interest and has a long-term goal in mind, their MBA Specialization should be aligned with their interest.
Work Experience: If the aspiring candidate is an experienced professional with prior work experience, their previous field should match the MBA Specialization if they are not looking to switch fields.
An MBA in marketing management is a postgraduate degree that prepares students for careers in marketing and business management. The program typically covers a wide range of topics, including marketing principles, consumer behaviour, marketing research, strategic marketing management, and marketing analytics.
| Degree | Post Graduate |
| Full-Form | Master of Business Administration in Marketing Management |
| Course Duration | 2 years |
| Examination type | Semester Based |
| Eligibility | Bachelor’s degree in any discipline with a minimum of 50% aggregate marks |
| Admission Process | Entrance Exams followed by Group Discussions, Written Analysis Test and Personal Interview. |
| Course Fee | INR 3,00,000 – 10,00,000 |
| Average Salary | INR 5,00,000 – 20,00,000 |
| Top Recruiting Companies | IBM, Tata Consultancy Services, Cognizant Technology Solutions, Microsoft, Wipro, Capgemini, Accenture, Ernst & Young (EY), etc. |
| Job Positions | Market Analyst, Sales Manager, Public Relations Director, Brand Manager, Product Manager, Marketing Strategist, Digital Marketing Executive. |
Check below popular MBA Marketing jobs and their corresponding average salaries in India.
| MBA Marketing Job Roles | MBA Marketing Average Salary |
|---|---|
| Marketing Manager | 7.9 LPA |
| Brand Manager | 8.8 LPA |
| Asset Management | 4 LPA |
| Corporate Sales | 5 LPA |
| Market Research Analyst | 3.4 LPA |
| Sales Manager | 5 LPA |
| Product Manager | 6 LPA |
| Head Of Digital Marketing | 7 LPA |
There are a number of leading MBA institutes in India where an MBA in Finance is offered as an elective or specialization program in the second year of the degree course. During the course period, students will gain great exposure to accounting and mathematics.
Being a professional degree course, students must qualify a state or national-level entrance examination, apart from securing a minimum of 50% aggregate marks from a recognized institute or university. If you’re also willing to pursue an MBA in Finance and want to get exposure to its relevant information, you’ve come to the right place. Let’s dig into the course duration, entrance exam, syllabus, career options, top recruiters, and other details!
Course Highlights: MBA in Finance
| Course Name | MBA Finance |
| Duration | 2-years |
| Program Level | Postgraduate level |
| Course Fees Structure | INR 1.5 – INR 2.9 (in lakh) |
| Course Mode | Full Time, Part-time, Distance learning, Online |
| Top Role | Finance Manager, Financial Analyst, Credit Risk Manager, etc. |
| Salary | INR 6.33 Lakh (average) |
| Employment Area | Banking, Financial, and Insurance sector |
| CAT | ATMA | |
| MAT | XAT | NMAT |
| SNAP |
| MBA Finance Job Roles | MBA Finance Average Salary (INR) |
|---|---|
| Financial Analyst | 5 – 8 LPA |
| Business Analyst | 6 – 12 LPA |
| Finance Manager | 10 – 18 LPA |
| Equity Research Analyst | 7.5 – 12 LPA |
| Research Analyst | 6 – 10 LPA |
| Relationship Manager | 7 – 9 LPA |
| Account Manager | 7 – 12 LPA |
| Bank Manager | 6 – 10 LPA |
| Chief Financial Officer | 15 – 20 LPA |
MBA in Operations Management, a well-known specialization of MBA programs, takes two years of period to complete. The Postgraduate level course can be completed through multiple modes: full-time, part-time, online, and executive.
The course curriculum focuses on planning, organizing, and supervising the introduction of goods and services. With the continuous growth of e-commerce, more and more management students with a keen interest in building the foundation of business enterprise as operations experts are getting enrolled for an MBA in Operations Management. The need for distribution of products all over the world and high production capabilities provide great career prospects for MBA Operations Management
Course Highlights: MBA in Operations Management
| Particulars | Details |
|---|---|
| Course Name | MBA in Operations Management |
| Course Level | Postgraduate |
| Duration | 2 Years |
| Entrance Exams | CAT, MAT, XAT, TISS NET etc. |
| Fees | INR 1 – 23 LPA |
| Salary Range | INR 10 – 25 LPA |
| Job Profiles | Operations Manager, Data Analyst, Human Resource Manager, Supply Chain Program Manager, Plant Manager, and so on. |
| Top Recruiters | Accenture, Genpact, Wipro, HCL, TCS, Infosys, etc. |
| Popular Colleges | IIM Bangalore, IIM Calcutta, Symbiosis Institute of Business Management |
| MBA in Operations Job Roles | MBA Operations Average Salary (in INR) |
|---|---|
| Operations Manager | 7.8 LPA |
| Data Analyst | 5.5 LPA |
| Human Resource Management | 7.2 LPA |
| Supply Chain Program Manager | 8.74 LPA |
| General Operations Manager | 12.24 LPA |
| Course Duration | 2 years |
| Eligibility | Graduation in any discipline |
| Admission Process | Entrance test+GD+PI |
| Entrance Exams | CAT, XAT, NMAT, CMAT, SNAP and MAT |
| Course Fee (INR) | 15,00,000 – 23,00,000 |
| Average Salary (INR) | 10 LPA – 12 LPA |
| Top Recruiting companies | Google, Amazon, Microsoft, Facebook, Accenture and IBM |
| MBA in IT Job Roles | MBA in IT Average Salary (in INR) |
|---|---|
| IT Manager | 10 LPA |
| IT Director | 12 LPA |
| Project Manager, Information Technology | 13 LPA |
| Computer & Information System Manager | 14 LPA |
| Chief Technology Officer | 9 LPA |
Master of Business Administration in Human Resources (MBA HR) is a postgraduate program. It equips students with the necessary skills. This knowledge helps to manage human resources within organizations in an effective way. It provides a deep understanding of organizational behavior and talent acquisition and development. Likewise, it explains employee relations compensation and other crucial aspects of HR management.
| MBA in HR Full Form | Master of Business Administration in Human Resource |
| MBA in HR Course Level | PostGraduate |
| MBA in HR Duration | 2 years |
| MBA in HR Examination Type | Semester |
| MBA in HR Eligibility | Minimum 50% – 60% in Bachelors |
| MBA in HR Admission Process | Entrance Exam |
| MBA in HR Fees (INR) | 2,00,000 – 8,00,000 |
| MBA in HR Subjects | Quantitative Techniques for Management, Marketing Management, Managerial Economics, Human Resource Management |
| MBA in HR Average Salary (INR) | 5 LPA – 8.30 LPA |
| MBA in HR Top Recruiters | HSBC, HDFC, ICICI, Genpact, JP Morgan, Standard Chartered, Barclays etc. |
| MBA in HR Scope | MBA HR Abroad, Ph.D in HR, Professional Diploma Courses like CFA, PMP CRMA etc. |
Check below popular MBA in HR jobs and their corresponding average salaries in India.
MBA in HR Job Roles | MBA in HR Average Salary (in INR) |
|---|---|
HR Manager – Talent Acquisition | INR 9.8 LPA |
HR Manager – Training | INR 4.8 LPA |
HR Manager – Compliance | INR 6.9 LPA |
HR Professor | INR 10 LPA |
The MBA in International Business is among the most popular specialization in Business School. The two-year postgraduate program covers export management, international investment, trade, foreign policy, and forecast risk management. Students pursuing an MBA in multinational Business gain knowledge on expanding globally and developing international companies. An MBA in International Business program also teaches students how to handle problems that have an impact on global marketplaces.
The postgraduate management program; MBA in International Business or simply referred to as MBA IB, gives students an opportunity to take their studies beyond national borders by equipping them with both theory and practical aspects of international business, preparing them for global market competitiveness. This is what also make them a reliable resource for global economy and other careers.
| Particulars | Details |
|---|---|
| Course Full Name | MBA in International Business |
| Course Level | Post graduate |
| Duration | 2 years |
| Eligibility | Bachelor’s degree + Valid Entrance Exam Score |
| Entrance Exams | CAT, XAT, NMAT, CMAT, MAH CET etc. |
| Fees | INR 5 Lakh- 15 INR Lakh |
| Average Salary | INR 6 – 20 LPA |
| Job Profiles | Export Manager, Business Development Manager, Investment Banker, Global Business Manager, etc. |
| Top Recruiters | Accenture, Citi, JP Morgan Chase & Co, Cognizant, Amazon |
| Top Colleges | IIFT, JMI, BHU, AMU, LPU etc. |
| Distance Colleges | Symbiosis Centre for Distance Learning, Bharathiar University, All India Institute of Management Studies, etc. |
| Job Roles | Average Salary (in INR) |
|---|---|
| Export Manager | 6 LPA |
| Business Development Manager | 6 LPA |
| International Finance Manager | 10 LPA |
| Global Business Manager | 30 LPA |
| International Business Consultant | 13 LPA |
| Investment Banker | 9.25 LPA |
| International Marketing Manager | 7.25 LPA |
Master of Business Administration (MBA) in Digital Marketing is a newly introduced course which has become popular among the students in a short span of time. This 2-year management program provides students with adequate knowledge and training on how to use marketing tools on digital platforms. This will further help in promoting a service or product to increase the customer base.
Simply put, an MBA from Digital Marketing aims to provide knowledge of marketing and online branding of products domestically and internationally through digital platforms. Like any other MBA program, MBA in Digital Marketing is a PG-level course that is being offered as a specialization while studying an MBA. Since the digital marketing field has gained immense popularity in the last few years, the demand for an MBA among digital marketing experts is relatively high.
| Digital Marketing Manager – | 8.0 Lac/per annum |
| Campaign Manager – | 6.4 Lac/per annum |
| SEO Manager – | 5.2 Lac/per annum |
| Paid Media Specialist – | 6.2 Lac/per annum |
| Social Media Manager – | 3.4 Lac/per annum |
| Public Relation Manager – | 4.90 Lac/per annum |
| Advertising Manager – | 5 Lac/per annum |
| Brand Manager – | 9.14 Lac/per annum |
MBA in Entrepreneurship is a specialized degree course program to offer students the knowledge and skills they need to establish, manage, and expand their own businesses. This program combines traditional business education with a focus on entrepreneurship and creative thinking.
Students enrolled in this MBA programs
will develop
the skills needed for developing business
concepts,
turn them into services or goods, and then plan a business venture to bring the idea to market. After earning an MBA in Entrepreneurship,
students can choose from a variety of job profiles, including those for business
journalists,
business consultants, development officers, fundraisers, and new venture developers.
An MBA in Entrepreneurship have graduated typically makes between INR 4 and 15 lakhs per annum.
| Particulars | Details |
|---|---|
| Course Name | MBA in Entrepreneurship |
| Course Degree | Postgraduation |
| Duration | 2 Years |
| Entrance Exams | CAT, XAT, NMAT, CMAT, MAH CET, etc. |
| Eligibility | A bachelor’s degree in any relevant field with minimum 50% score from an accredited college or university is required. |
| Fees | INR 2.1 to 25 Lakh |
| Average Salary | INR 3.9-17 Lakh |
| Job Profiles | Business Journalists, Business Consultants, New Venture Developers, Fundraisers, and Development Officers, etc. |
| Top Recruiters | Accenture, Amazon, Deloitte, HSBC, Genpact and so on HSBC, HDFC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG, Barclays, etc. |
| Job Role |
Average Salary (in INR)
|
| Business Journalists | INR 5 LPA |
| Business Consultants | INR 10 LPA |
| Fundraisers and Development Officers | INR 6 LPA |
| New Venture Developers | INR 5 LPA |
| Particulars | Values |
| Degree Name | MBA in Data Analytics |
| Degree Type | Postgraduate |
| Degree Duration | 2 year |
| Semesters | 4 |
| Entrance Exams | CAT, MAT, GMAT, CMAT, XAT, NMAT |
| Eligibility Criteria | Bachelor’s degree |
| Admission process | Direct admission and based on the entrance examination |
| Fees | Rs. 20,000 and Rs. 10,00,000 |
| Average Salary | Rs. 6,00,000 LPA |
| Job profiles | Data Analyst, Data Scientist, Statistician |
| Top recruiters | Latent View Analytics, Oracle, SG Analytics, Mu Sigma, Accenture, Latent View, Unmetric, iTechArt, Tableau, Manthan Systems, |
| Job Profile | Average Salary |
| Data Analyst | INR 5 LPA |
| Data Engineer | INR 6 LPA |
| Business Analyst | INR 4 LPA |
| Data Scientist | INR 8 LPA |
| Risk Analyst | INR 7.2 LPA |
The two-year MBA program in healthcare management is a postgraduate program. It prepares professionals who are suitable for the healthcare sector. These candidates hold bachelor’s degrees in any discipline with a cumulative aggregate of 50% from nationally recognized institutions.
any interested prospect could enroll for the course in university.
Healthcare management is aimed at preparation of management students in healthcare industry. In a hospital, pharmaceutical industry as well as any other organization in the medical field, the student will be required to handle management duties such as.
| Course level | Postgraduate |
| MBA Healthcare Duration | 2 years |
| Examination Type | Semester |
| MBA Healthcare Eligibility | Bachelor’s degree in any discipline with 50% aggregate marks |
| MBA Healthcare Admission process | Entrance exam conducted by colleges, GD & PI |
| Entrance Exams | CAT, MAT, XAT, GMAT, CMAT etc. |
| MBA Healthcare Course Fee | INR 2 to 10 LPA |
| MBA Healthcare salary | INR 5-12 LPA |
| Top Recruiting Companies | Cipla, Apollo Life, Wipro GE Healthcare, Cadila Healthcare, etc |
| MBA Healthcare Job Positions | Hospital Administrator, Healthcare Manager, Hospital CFO & CEO, Pharmaceutical Production Manager, Medical Practice Manager |
| Job position | Annual Salary (INR) |
| Hospital CEO | 21 LPA |
| Hospital CFO | 23 LPA |
| Healthcare Information Manager | 11 LPA |
| Physician Relations Liasion | 8.50 LPA |
| Assistant Operation Manager | 7 LPA |
| Hospital Administration | 7 LPA |
| Medical Practice manager | 8.33 LPA |
| Claims Manager | 6 LPA |
Ans-MBA finance is without a doubt the most demanding in terms of syllabus and includes a significant amount of number crunching.
Ans-Finance, marketing, human resources, information technology, and operations are among the 5 most popular MBA specializations in India.
AnS: The two-year MBA in Dua; Specialization program equips students with the knowledge and skills of two separate professions.
