List of MBA Specialization

List of MBA Specialization

Selecting an MBA specialization that fits your career goals in today’s ever-changing business environment that requires thoughtful analysis of several factors, including aptitude, interest, skills, financial status, career prospects, and evaluation of the MBA Admission Process, MBA Course fees, MBA entrance exam, and more.

 

Here are the top 6 MBA specializations in India: With the MBA admission season underway, candidates must get ready to make the decision that will define their career: selecting an MBA specialization. This process can be just as complex and daunting as deciding on a career path or an MBA entrance exam accepted by your preferred colleges. We've seen that while many B-schools continue to offer highly specialized MBA programs and courses, like an MBA in Finance or an MBA in Marketing Management, a significant portion of prospective managers still lean toward a small number of traditional MBA specializations. These are the most sought-after MBA specializations in India.

 

List of Top MBA Specializations in India

The list of MBA specializations include the MBA specializations in IIM and other top MBA colleges is mentioned below. The decision of which MBA specializtion to pursue depends on a number of criteria, some of which are listed in this post.

 

 Sr No 

MBA Specialization

 Type of Specialization 

Example

1

MBA in Finance

Functional

KCC Institute of Technology & Management

2

MBA in Marketing

Functional

KCC Institute of Technology & Management

3

MBA in Human Resource Management

Functional

KCC Institute of Technology & Management

4

MBA in International Business

Functional

KCC Institute of Technology & Management

5

MBA in Logistics & Supply Chain Management

Functional

UPES Dehradun; LBSIM New Delhi

6

 MBA Big Data Analytics/ Data Science/ Business Analytics 

Functional

 IIM Bangalore; ISB Hyderabad; Great Lakes Chennai 

7

MBA in Operations Management

Functional

KCC Institute of Technology & Management

8

MBA in Information Technology  Functional KCC Institute of Technology & Management

9

MBA in Banking & Financial Services

Sectoral

IMI New Delhi; IMT Ghaziabad

10

MBA in Insurance Business Management  

Sectoral

BIMTECH Greater Noida

11

MBA in Rural Management

Sectoral

IIM Ahmedabad; IRMA Anand

12

MBA in Healthcare Management

Sectoral

GIM Goa; K J Somaiya Mumbai

13

MBA in Pharmaceutical Management

Sectoral

NMIMS Mumbai, IESMCRC Mumbai

14

MBA in Retail Management

Sectoral

BIMTECH Greater Noida; K J Somaiya Mumbai

15

MBA in Energy Management

Sectoral

MDI Gurgaon; UPES Dehradun

16

MBA in Infrastructure Management

Sectoral

SCMHRD Pune; UPES Dehradun

17

MBA in Agri-Business Management

Sectoral

IIM Ahmedabad; IIM Lucknow

18

MBA in Entrepreneurship

Special Interest

IIM Bangalore; EDII Ahmedabad

19

MBA in Family Managed Business

Special Interest

SPJIMR Mumbai; ISB Hyderabad

20

MBA in Sustainability Management

Special Interest

IIM Lucknow; NMIMS Mumbai

21

MBA Dual Country Program

Special Interest

SPJIMR Mumbai; IMT Ghaziabad

 

Top 6 MBA Specializations in India

 

Let's get into more information about each of these top 6 MBA specializations in India. "Which MBA specialization is best in India?" is the first thing that comes to the mind of students when deciding on an MBA specialization. Each MBA specialization is the "best" option if you decide to pursue a career in that field. All you have to do is work hard and diligently to make the most out of any specialization. The MBA entrance exams to seek MBA admission in B-schools include CAT, XAT, MAT, NMAT, CMAT, etc.

 

MBA in Financial Management

 

An MBA in finance opens you wide range of career options in the finance industry. Finance Managers can go on to become Accounting Managers, who draft the company's financial reports, or Financial Analysts, who concentrate on creating financial plans and overseeing the company's finances.

 

Financial analysts take care of strategic planning, alliance management, and daily managerial decision-making. According to Suresh Agrawal, a finance professor of many years, "An MBA in finance offers you a highly specialized knowledge which accelerates the success of an individual as well as the success of the businesses where they work, from mergers to expansion to global financing."

 

An MBA in finance will help you get ready for fascinating jobs in international finance, merchant banking, investment banking, financial consultancies, and financial institutions. MBA in Financial Management can give you a strong foundation for the esteemed CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst) exams.

 

The average MBA course fees for this specialization can range from INR 4 – 12 Lakhs.

 

The following employment profiles are available to those who seek an MBA in finance:

 

MBA in Finance Jobs and Average Pay

View the most sought-after MBA in Finance jobs below, along with the average salary in India.

 

MBA in Finance Job Roles

MBA in Finance Average Salary (INR)

Financial Analyst

INR 5 - 8 LPA

Business Analyst

INR 6 - 12 LPA

Finance Manager

INR 10 - 18 LPA

Equity Research Analyst

INR 7.5 - 12 LPA

Research Analyst

INR 6 - 10 LPA

Relationship Manager

INR 7 - 9 LPA

Account Manager

INR 7 - 12 LPA

Bank Manager

INR 6 - 10 LPA

Chief Financial Officer

INR 15 - 20 LPA

 

MBA in Marketing Management

 

Marketing is the most sought-after MBA specialization among Indian graduates. It's a front-end, hard-core career best suited for leaders. The MBA program in marketing management is very competitive and active. Gaining entry-level roles in sales and marketing requires a strong work ethic, exceptional communication abilities, and the ability to mobilize resources.

An MBA in marketing management is a fast-paced field with lots of difficulties, growth opportunities, and responsibility. You can pursue fantastic job options in a range of sectors with an MBA in marketing management including consumer durables, non-durables, fast-moving consumer goods (FMCG), media, market research, sales & distribution, advertising, and services marketing.

 

An MBA in marketing management offers lucrative career opportunities as an area/regional manager, project manager, sales manager, brand manager, marketing manager, market research analyst, and Chief marketing officer (CMO).

 

The average MBA course fees for this specialization can range from INR 6 – 12 Lakhs.

 

MBA in Marketing Management Jobs and Average Salary

Check out the most sought-after MBA in marketing management jobs below, along with the average salary in India.

 

MBA in Marketing Management Jobs

MBA in Marketing Management Salary

Marketing Manager

INR 7.9 LPA

Brand Manager

INR 8.8 LPA

Asset Management

INR 4 LPA

Corporate Sales

INR 5 LPA

Market Research Analyst

INR 3.4 LPA

Sales Manager

INR 5 LPA

Product Manager

INR 6 LPA

Head Of Digital Marketing

INR 7 LPA

 

MBA in Operations Management

 

An MBA in Operations Management provides you with the necessary training and tools to handle shop floor management or production management. To guarantee seamless and effective business operations, you learn how to establish and manage process flows, cultivate connections with vendors and other departments, perform ancillary management, etc. If you choose to pursue an MBA in operations management, you can work your way up from a job as a product manager or technical supervisor to a general manager or chief technology officer (CTO) in the manufacturing, engineering, and information technology sectors of the economy.

You can master all of this and get ready for new challenges with an MBA program in operations management.

 

The average MBA course fees for this specialization can range from INR 3 – 20 Lakhs.

 

MBA in Operations Management Jobs and Average Salary

Check out the most sought-after jobs after MBA specialization in Operations management, along with the average salary in India.

 

MBA in Operations Management Job

MBA in Operations Management Salary

Operations Manager

INR 7.8 LPA

Data Analyst

INR 5.5 LPA

Human Resource Management

INR 7.2 LPA

Supply Chain Program Manager

INR 8.74 LPA

General Operations Manager

INR 12.24 LPA

 

MBA in Information Technology

 

Another significant MBA specialization nowadays is information technology (IT) or management information systems (MIS). With an MBA in Information Technology, people with experience in IT (software engineering or IT graduates) can pursue roles as Chief Information Officers (CIOs) or Chief Technology Officers (CTOs), as well as System Analysts, Technical Systems Managers, Technical Consultants, and Business Development Managers. MBA in Information Technology graduates frequently find good jobs in IT, e-commerce, and related businesses.

 

An MBA in Information Technology gives you access to Fortune 500 companies both domestically and internationally. IT experts from India are highly esteemed across the globe, and having an MBA specialization in IT makes you an attractive prospect for top multinational corporations (MNCs).

 

The average MBA course fees for this specialization can range from INR 10 – 20 Lakhs.

 

MBA in Information Technology Jobs and Average Salary

Check out the popular jobs after an MBA in Information Technology below, along with the average salary in India.

 

MBA in Information Technology Jobs

MBA in Information Technology Salary

IT Manager

INR 10 LPA

IT Director

INR 12 LPA

Project Manager, Information Technology

INR 13 LPA

Computer & Information System Manager

INR 14 LPA

Chief Technology Officer

INR 9 LPA

 

MBA in Human Resource Management

 

An MBA program in human resource management or HR opens up the doors to one of the most challenging jobs in the business world. An HR manager is a ringmaster in the corporate jungle, handling everything from hiring and selecting staff to setting salaries, overseeing employee training and development, doing job analyses, and conducting performance reviews. In addition, individuals who pursue an MBA in Human Resource Management can advance into highly specialized professionals such as industrial relations managers, or create a cross-cultural workplace in international corporations.

 

The average MBA course fees for this specialization can range from INR 5 – 20 Lakhs.

 

MBA in Human Resource Management Jobs and Average Salary

Check out the jobs after an MBA in Human Resource Management and their associated average salaries in India below.

 

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

 

MBA in International Management

 

An MBA in International Management is the foundation of economic growth, and individuals who master it are well-versed in how to gain valuable foreign exchange for the nation with the best managerial abilities. This MBA program provides a critical grasp of the competencies required for global operations. It teaches financial literacy, worldwide marketing, and a variety of international conduct norms.

 

The average MBA course fees for this specialization can range from INR 4 – 20 Lakhs.

 

MBA in International management Jobs and Average Salary

Check out the jobs after an MBA in International Management and their associated average salaries in India below.

 

MBA in International Management Jobs

MBA in International Management Salary

Export Manager

INR 6 LPA

Business Development Manager

INR 6 LPA

International Finance Manager

INR 10 LPA

Global Business Manager

INR 30 LPA

International Business Consultant

INR 13 LPA

Investment Banker

INR 9.25 LPA

International Marketing Manager

INR 7.25 LPA

 

Which additional well-liked MBA specializations are there?

There are many more options available based on the candidate's interests, aptitude, and professional objectives in addition to the top 6 MBA specializations listed above.

 

All MBA Specializations

Hospitality

Infrastructure

Digital Marketing

Transport & Logistics

Sales

Disaster Management

Public Policy

Energy & Environment

Forestry

Import & Export

Product

IT & Systems

Business Analytics

Healthcare & Hospital

Digital Marketing

Business Economics

Entrepreneurship

Agriculture & Food Business

Advertising

Materials Management

NGO Management

Oil & Gas

Pharma

Retail

Project Management

Rural Management

Sports Management

Supply Chain

Telecom

Textile Management

 

Your personality, skill set, and professional objectives should all play a role in the MBA specialization you choose. MBA programs in finance and marketing are classic fields that will always be in demand. People who enjoy crunching numbers and are at ease with balance sheets might seek MBA Admission in finance. MBA Specialization in Marketing is for people who enjoy working with clients, are imaginative and creative, and have a natural ability to persuade others.

 

Factors to consider while selecting the best MBA specialization

You can select the best MBA specialization that will position you for future success and fulfillment by carefully weighing a few key aspects. Continue reading to learn about the important criteria you should take into account when you are faced with the dilemma of choosing from the list of MBA specializations.

  • Personal Interests and Passions
  • Future Career Goals and Aspirations
  • Market Demand and Industry Trends
  • Transferable Skills
  • Research the different MBA Specializations
  • Networking Opportunities and Alumni Connections
  • Exploring Program Offerings and Curriculum
  • Seeking guidance from Professionals and Alumni
  • Program Reputation and Faculty Expertise

Selecting the best MBA specialization is a crucial choice that can influence a person's professional path and sense of fulfillment in life. The list of MBA specializations encompasses everything a business requires to function properly from financing to marketing and operations. By taking into account your own interests, future professional objectives, industry and market trends, transferrable skills, and networking possibilities, you can make an informed decision.

Which MBA specialization is best paid

Obtaining an MBA has become a strategic decision for people aspiring to advance in their professions and get high-paying jobs in the fast-paced corporate environment of today. But there are a plethora of opportunities available in the field of MBA specializations, each catered to certain interests and career objectives. It is hard to imagine which MBA specialization is best paid as they all have unique applications in a range of industries with varying salary packages. Let's examine which MBA specialization is best paid with the help of the table below, that explains MBA specializations along with their typical salaries earned in India.

 

Average Salary for MBA graduates in India

Specializations

Average Salary (INR)

Finance

12,00,000

Business Analytics

11,50,000

Information Technology Management

10,50,000

International Business

11,20,000

Event Management

9,80,000

 

Types of MBA courses list

Master of Business Administration (MBA) is an advanced degree in business and management. You can choose from six primary types of MBA courses list to tailor your education to your specific goals: executive, flexible, online, full-time, part-time, global, and online MBA programs.

 

Which MBA specialization is in demand

Pursuing a Master of Business Administration is the right step for individuals who have a passion for business, since it equips them for positions such as executive and manager. A specialization in any of the key business fields, in addition to a degree, will further advance your career. Which MBA specialization is in demand, which MBA specialization is best paid, and which will have the biggest influence on your career are some of the more pertinent questions of today. Although all MBA specializations are excellent, some stand out more due to increased demand in the labor market.

  • Business Analytics
  • Information Technology
  • Healthcare Management
  • Finance
  • Marketing
  • International Business
  • Accounting
  • Human Resources
  • Project Management
  • Supply Chain Management

 

Top MBA Entrance Exam

Aspiring applicants can demonstrate their abilities and gain MBA admission to their desired MBA program by taking a competitive MBA entrance exam.

Every MBA entrance exam has a different format, curriculum, and requirements for eligibility. Candidates must thoroughly study and get ready to increase their chances of passing an MBA entrance exam. Aspiring MBA students can access a wealth of options and start a fulfilling career in the exciting field of business and management with commitment, tenacity, and strategic planning if they clear an MBA entrance exam:

 

Below is a list of the top MBA entrance exams in India:

 

  • Common Admission Test CAT
  • Xavier’s Aptitude Test XAT
  • Management Aptitude Test MAT
  • Common Management Admission Test CMAT
  • Narsee Monjee Aptitude Test NMAT
  • Graduate Management Admission Test GMAT

 

Why Choose KCC Institute of Technology and Management for an MBA specialization?

KCC ITM offers an MBA program in association with additional benefits for students who seek a career in business management. We are listed as one of top MBA colleges in Greater Noida offering MBA admission in 6 MBA specializations comprising finance, HR, IT, International Business, Operations management and marketing. Students in our MBA Plus program learn how to take advantage of opportunities, push for change, and overcome challenges in the business world. To solve problems in the business environment, candidates will be able to apply their understanding of basic ideas in operations research, simulation, and statistics. They will also be able to experience applying these concepts by using real-world data and modern analysis tools in a range of sectors.

KCC ITM is affiliated with AKTU and approved by AICTE which makes it one of the most trusted platform to pursue a dream career in management. We offer MBA admission in a range of settings which requires students to take an MBA entrance exam or seek direct MBA admission under the management quota. Apart from this, students must receive 50% marks in their graduation exam.

Check out our official website www.kccitm.edu.in to know more about our MBA Plus program, eligibility criteria, and admission process.

 

Also read : 

 

FAQs for list of best MBA specialization

 

Q1. What are the benefits of pursuing a specialized MBA program?

Students enrolled in a specialized MBA program gain extensive knowledge in a particular subject that they can select based on their interests or skill set.

 

Q2.Which MBA specialization is the best?

A few of the well-liked MBA programs include:

  • MBA in Finance
  • MBA in Marketing Management
  • MBA in Human Resource Management
  • MBA in Operations Management
  • MBA in International Business
  • MBA in Information Technology

 

Q3. Which is the top MBA colleges in Greater Noida?

KCC ITM is one of the best colleges in Greater Noida for MBA admission in any of the top 6 MBA specializations in finance, HR, IT, International Business, Operations management and marketing.

 

Q4. Why is MBA Plus at KCC ITM?

MBA Plus is a specialized MBA program that comes with a range of short-range certification programs to give students a competitive edge in career options.

 

Q5. What is the MBA course fees at KCC ITM?

The overall MBA course fees at KCC ITM is INR 2.40 lakhs. 

 

Q6. Which specialization is best in MBA?

An MBA in finance and an MBA in marketing are two of the best MBA specializations available to graduates because they pay back many times over what you have spent on acquiring it. 

 

Q7. Which MBA is most in demand?

Some of the top MBA specializations that are high in demand in India are:

  • Finance
  • Marketing
  • International Business
  • Human Resource Management

 

Q8. How many specializations or branches are there in an MBA?

  • Human Resources
  • International Business
  • MBA in Finance
  • Marketing Management
  • Marketing
  • Finance
  • MBA in Information Technology
  • MBA in Operations Management
  • MBA in Business Analytics
  • And More…

 

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