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Nowadays, the MBA professional course is the most opted-for program by candidates willing to gain academic and career advantages in management studies. Reputable institutes in India offer a variety of MBA programs, including regular, part-time, distance, and online modes.
MBA is the most versatile program, where students have various career options that fit their interests in business administration. Candidates can pursue this 2-year PG program after completing their graduation degree from a recognized university. MBA programs are gaining popularity among students and working professionals in India. Students will gain managerial, technical, organizational, and technical skills by the end of the programs. This knowledge will help them build their careers.
Even those who are currently working in an organization can choose to pursue an MBA in Distance or Online mode, which will help them grow their careers with better designations. Candidates who pursue this degree will get high-paying jobs in their current organization or other fields, as well as help them become entrepreneurs. Even for new candidates, it will help them attract great jobs after completing their graduation.
As said earlier, there are various modes of education for MBA programs. There is not only a traditional or Regular MBA; students can opt for a Distance, Online MBA, or Executive MBA. This executive MBA is specially curated for working candidates at the mid-senior executive level.
Top MBA Institutes offer a variety of specializations and curricula. Students can choose their interests and disciplines in the admission process. Below are a few of the Top 10 MBA institutes in India:
Many specializations are available in the MBA program that will help students in various fields. Here we have listed the Top MBA Specializations that have great demand in making a career are given below:
The detailed info about each of the specializations will be mentioned below:
Finance management is the most popular and in-demand specialization for MBA students. If students choose finance management, their careers have a high scope. The curriculum involves the study of finances, financial planning, and controlling financial decisions.
By the end of the program, students will excel in mathematical calculations, leadership, communication, strategic thinking, and more. Some of the financial skills will include costing, budgeting, capital management, international finance, etc.
Topics that will be covered in Finance Management are:
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Financial Risk Management |
Fixed Income Markets |
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Portfolio Management |
International Finance |
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Fundraising |
Managerial Economics |
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Macro Economics |
Business and Corporate Laws |
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Acquisitions and Merges |
Corporate investment management |
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Bank Management |
Treasury and Risk Management |
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Money and Banking |
Trading Strategies |
Finance Management Career Scope:
After completing an MBA degree in Finance Management, candidates can start their career in finance areas like:
Under this stream, candidates can expect an average starting salary package of INR 7 LPA. Accenture, TCS, HDFC Bank, EY, Axis Bank, etc., are some of the top recruiting companies.
Any business organization will need people, i.e., human power. So, human resource management will become essential in any industry. Pursuing an MBA in HRM will help candidates study people, employment management, and employers' responsibilities towards the organization.
The HRM curriculum involves recruiting, salary, benefits and increments, training, performance updates, employee safety, employee policy, employee health, as well as staff amenities.
Topics that will be covered in Human Resource Management:
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Human Resource Management |
Human Resource Development and Planning |
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Organizational Development and Change |
Managerial Economics |
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Industrial Relations Management |
Personnel Management Concepts |
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The Methodology of Training and Development |
Management Laws |
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Compensation Management |
Corporate Communication |
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Operations Management |
Labour Laws |
After completing an MBA degree in Human Resource Management, candidates can start their career in HR areas like:
The expected starting salary for HRM candidates is around 6 LPA. For senior-level HR managers, salaries can range from 7 to 10 LPA. Candidates can find job openings in many IT companies, advertising agencies, media houses, and more.
Marketing management streams from various career paths, from consulting to entrepreneurial management. Some of the skills trained in the curriculum are consumer behaviour, cost volume and profit, market research, sales, advertising, promotion, branding, etc.
Topics that will be covered in Marketing Management:
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Marketing Concepts |
Marketing Ethics |
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Consumer Behavior |
Business Communication |
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International Marketing |
Industrial Marketing |
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Sales Forecasting |
Economic Analysis |
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Customer Relationship Marketing |
Business Management |
After completing an MBA degree in Marketing Management, candidates can start their career in IB areas like:
Candidates can find job opportunities in IT firms, advertising agencies, marketing companies, etc., with an average salary package of INR 7.5 LPA.
The curriculum will cover all business operations under operations management. Students will learn skills like good communication, customer handling, negotiations, etc., to grow in their careers.
Topics that will be covered in Operations Management:
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Logistics |
Supply chain Management |
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Operations Research |
Inventory Control |
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Project Management |
International Logistics |
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Marketing Management |
Enterprise Resource Planning |
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Plant Design and Layout |
Manufacturing Strategy |
After completing an MBA degree in Operations Management, candidates can start their career in Operation areas like:
Students can get job opportunities in Fortune companies like ONGC, Blue Dart, GAIL, First Flight, and DAMCO. The average salary package while starting their career is INR 8 LPA.
In this MBA curriculum, candidates will learn to handle critical hospital issues and their administration. Students need skills like adaptability, leadership, quick thinking, ethical judgment, etc.
Topics that will be covered in health care and hospital management:
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Health Service Management |
Operations and Services Management |
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Medical Ethics Quality Management |
Hospital Information |
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Medical Emergency Systems |
Medical Tourism Financial |
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Financial and Costing Accounting for Hospitals |
Healthcare Policies and Regulations |
After completing an MBA degree in Health care and Hospital Management, candidates can start their career in Health care areas like:
Eligible candidates can find job opportunities in the health industry, such as Fortis Healthcare Limited, Infosys, AIIMS, KMPG, Apollo Hospital, etc. In the beginning, candidates can expect a salary of INR 6.6 LPA.
Students will be involved in extensive experimental learning in rural management. They will need to teach skills like empathy, integrity, and commitment to work in this field, problem-solving skills, handling huge masses, and knowledge of the local language.
Topics that will be covered in Rural Management:
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Natural Resources and Sustainability |
Rural Livelihood and Research Methods |
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Development Theories and Practices |
Agribusiness |
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Microfinance |
Economic Analysis for Rural Management |
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Social Entrepreneurship |
Legal Environment |
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Rural Infrastructure |
Precision's farming and Horticulture |
After completing an MBA degree in Rural Management, candidates can start their career in RM areas like:
Some good job opportunities will be with insurance companies, research and consulting firms, rural and agricultural financing, and banks. The starting salary package would be around 4 LPA.
Pursuing an MBA in IT streams is highly demanded. Students are required to have certain skills, such as global orientation, IT knowledge, problem-solving skills, analytical skills, and strategic thinking.
Topics that will be covered in International Business:
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International Business Environment |
Financial Management |
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Marketing Management |
International Business Law |
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Global Financial Markets and Instruments |
Management of a Multinational corporation |
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Foreign Trade and Policy |
International Logistics Management |
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Global Marketing Management |
Cross-Cultural Business Management |
After completing an MBA degree in International Business, candidates can start their career in IB areas like:
IT candidates can get jobs from top companies like Credit Suisse, PepsiCo, Accenture, EY, Deutsche Bank, and GE. The expected salary package is nearly INR 5 LPA.
Candidates with good negotiation and communication skills can opt for tourism management. Candidates will be introduced to different designation points, the hospitality industry, the history of tourism, and other relevant streams of tourism.
Topics that will be covered in tourism management:
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World Geography |
Travel and Transportation planning |
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The History of Tourism |
Marketing Strategies |
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International Tourism and Trends |
Organizational behavior |
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Human Resource Management |
Travel Agency and Tour Operation Business |
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Hospitality, Hotel, and Hotelier Ing |
Destination Planning and Management |
After completing an MBA degree in Tourism Management, candidates can start their career in tourism areas like:
Deserving candidates can get jobs in top companies like Thomas Cook, Yatra.com, Cox & Kings, TCI, Airlines, etc. The expected average salary at the start would be INR 5-10 LPA.
Aspirants taking up IT management specialization in the MBA program are expected to have certain skills in IT knowledge, global orientation, analytical skills, problem-solving skills, strategic thinking, etc.
Topics that will be covered in International Management:
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Computer Security |
Legal and Ethical Business Practices |
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Systems Analysis and Design |
Database Management |
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Management of Information Systems |
Financial Analysis for Technology Managers |
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Information Technology Infrastructure |
Technology Entrepreneurship |
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E-Business |
IT Consulting and Advisory Practice |
After completing an MBA Degree in IT Management, candidates can start their career in IT areas like:
Credit Suisse, Accenture, PepsiCo, EY, Deutsche Bank, and GE are the top recruiters in the IT field. The average starting salary is INR 5 LPA.
