Have you graduated with a degree and want to continue your education? Are you a working professional who wants to improve your skills? You’ve undoubtedly considered getting an MBA, but you don’t have all the knowledge you require.
Whether you’re a working professional looking for a career boost or have graduated recently and want to study further, you’ve likely thought about pursuing an MBA.
However, there are several specializations to choose from, and job roles and salaries can vary widely after graduation, depending on your specialization.
To sum up your struggle, you have been seeking the best MBA specialization in India.
This article will provide you with an explanation of what an MBA is, a list of MBA specializations in India, some recommendations on how to choose one of the best MBA specializations in India for you, and an overview of some of the top and highest-paid MBA specializations.
The list of MBA specializations in India below details the top specializations in India and all the details you need to decide on your specialization.
Organizations and Companies must do the following essential functions in order to create value for their consumers, produce, and sell their products or service:
- Design, Development, and Research
- Management of IT and MIS
- Management of Sales and Marketing
- Management of Human Resources
- Production, logistics, and supply chain management are all aspects of supply chain management.
- Accounting and Finance
Each of the functions mentioned above must collaborate to achieve the organization’s goals and objectives. Simply described, MBA education involves a study of each of these activities with the goal of preparing MBAs to be competent managers after they leave university.
Professionals are in short supply as businesses migrate to the internet. Professionals who can be analytical while also coming up with creative ideas are in high demand.
As a result, MBA grads were ideal candidates. Because an MBA provides you with comprehensive knowledge of the subject as well as managerial abilities, you will be able to enter the workforce at a mid-managerial level.
With the globe turning to online means for nearly everything due to covid, a few sectors, like as IT, E-Commerce, and Digital Marketing, to name a few, have experienced an increasing trend.These industries are hiring.
With the GMAC reporting that 90% of recruiters are looking to hire MBAs, it couldn’t be a better time to earn one.
While the demand for professionals is high, it’s best to learn about the various MBA specializations in India, the positions graduates get hired in, and their salary range before choosing one for good.
Therefore, MBA candidates should take advantage of this chance and grab the opportunity coming their way.
All of these functions are taught in the MBA specializations in India in the first year because all MBA students should have a basic understanding of how businesses operate. After gaining a fundamental understanding of important tasks, MBA students choose one or two areas of focus based on their interests and the job market.
So, if you decide on an MBA specialization in marketing, you will study specialized subjects in the field of marketing to expand your expertise and help you land a job in the marketing field.
What Is an MBA?
The term “MBA” refers to a Master of Business Administration.
Employers will notice you if you have an “MBA” on your resume, but the true meaning of the MBA goes beyond three letters on a sheet. An MBA will help you expand your business expertise, expand your professional network, and improve your career and compensation opportunities.
Various industries require all the programs offered by MBA specializations in India. These specializations allow you to dwell deeper into the field of your choice and interest, allowing you to carve out a niche for yourself in that field.
These programs often contain a core and essential curriculum of disciplines like accounting, economics, marketing, and operations, as well as elective courses that permit students to pursue personal or professional interests. Some institutions require MBA candidates to complete an internship with a firm or organization, which can lead to real-world work prospects following graduation.
Projects, presentations, and assignments are used to put an MBA student through rigorous training. These crucial elements prepare you to deal with real-world business difficulties. Many institutes now provide internships to help you hone your abilities in the workplace.
What Can You Expect To Become With An MBA Specialized Degree?
What can you accomplish with a master’s degree in business administration? You can achieve almost anything if you put your mind to it. An MBA prepares you for a wide range of sectors and positions.
Job Examples After Your MBA Specialization In India
1. Operations Manager
Operations managers are in charge of the day-to-day operations of enterprises, government agencies, non-profit organizations, and other organizations. Operations managers supervise, hire, and educate personnel, manage quality assurance programs, develop process changes, and more in both large and small firms.
2. Marketing Manager
A marketing manager must promote a company, product, or service. Launches, advertising, email campaigns, events, and social media are all everyday activities that marketing managers organize and handle.
3. Management Consultant
Management consultants assist domestic and international clients (organizations, executives, leaders, and teams) in identifying and resolving complex business, organizational, and operational issues and defining and improving other vital procedures.
4. Management Analyst
A management analyst is in charge of performing operations and procedures manuals in order to help a company’s management run more efficiently and effectively. They undertake organizational research and evaluations, as well as work simplification and measurement studies.
5. IT Manager
IT managers are in charge of organizing, directing, and leading the organization’s computer-related operations. They assist in determining an organization’s IT and other technological needs and implementing computer systems to meet its information system requirements.
6. Investment Banker
Investment bankers assist their customers in raising cash through the issuance of debt or the sale of stock in their companies. Other responsibilities include supporting customers with mergers and acquisitions (M&As) and providing advice on unusual investment opportunities like contracts.
7. HR Manager
Recruiting, screening, interviewing, and placing workers are the responsibilities of human resources specialists. Employee relations, payroll, benefits, and training may all be handled by them.
8. Financial Advisor
A financial advisor is a finance specialist who consults and advises on a person’s or a company’s finances. Financial advisors can assist individuals and businesses in achieving their financial goals faster by advising them on wealth-building techniques.
9. Finance Manager
Finance managers look for ways to boost profits and assess markets for new company prospects, including expansion, mergers, and acquisitions. Reviewing financial reports, managing accounts, and generating economic predictions are all everyday responsibilities.
Statistics : the percentage of businesses that hired MBA graduates between 2008 and 2019 and those planning to hire in 2020 and 2021 are displayed below.
Below, we’ll go over each of these top MBA concentrations in greater depth. But first, here’s a quick rundown of how to choose the correct expertise.
Important parameters you should consider before selecting an MBA specialization in India
Your Career Objectives & Interests
- If you are passionate about pursuing a career in a specific field, you should evaluate your interest in the MBA specialization area and apply to the program.
Occupations and Job Prospects
- It is critical to look at the program’s previous placement history in order to forecast future career advancement after completing the specialized MBA program.
Rankings and Reputation
- The range of MBA specializations is extensive, and you must select the top universities from among them. So, before you finalize your admission, look into the B-accreditation, school’s ranking, and reputation.
Which speciality in PGDM or MBA is the best? Should you enrol in a full-time specialized MBA program or choose an MBA specialization in the second year? The parameters listed below will assist you in making the best decision possible.
However, picking a specialisation is often challenging since there really are no perfect answers when you ask yourself, “what’s right for me?”
Here are a few tips to remember when choosing an MBA specialization in India to make sure you make the right choice:
- Pick one of the MBA specializations that businesses are readily hiring for. If you know of roles that have seen a surge in employment and feel like professionals will be in demand for them in the coming decades, it may be the right career choice. Digital marketing, healthcare management, finance, and most other specialisations offer excellent financial growth scope.
- Choose the MBA specialisation that will give you a good return on the money you invest into paying the fees. Paying ₹5 lakhs for a degree that will get you a ₹10 lakh a year job makes more sense than paying ₹10 lakhs for a degree that will get you a ₹10 lakh job.
- Do your due diligence before deciding which MBA specialization is right for you. We recommend getting counselling from the institutes you’re likely to get your degree from to learn what appeals to you best.
- Reach out to alumni and ask them about their experience earning an MBA. Try to take what they’re saying with a grain of salt.
- If you’re concerned about the duration of the course, you could find an MBA course that isn’t as long and enrol yourself. Many of these shortened courses do not compromise the quality of education. Several institutes offer 11-month MBA courses in many specializations.
- After choosing one of the MBA specializations in India, choose an institute that offers relevant and practical knowledge about your field. Also, make sure that you only enroll in a program if the institute offers placement assistance.
- It’s best to read about the faculty teaching your course. You always want to learn from industry experts rather than inexperienced faculty.
Without further ado, here is the list of MBA specializations in India. with all the details you need to decide on your specialization.
List of MBA Specializations in India
1. MBA in Finance
MBA Specialization in Finance is a popular choice among students who want to excel and develop leadership abilities in areas such as Financial Management, Accounting, Banking, Corporate Acquisitions & Mergers, Accounting, Banking, Corporate Financial Planning, and Financial Management.
If managing a business’s financial resources and assets sounds interesting to you, getting an MBA in finance is the right move. Those with this degree get hired as finance managers responsible for analyzing financial risks and managing them.
Those who want to pursue finance management as a career after completing a bachelor’s degree in commerce, science, or humanities, completing CA/CS, or having an engineering background, can pursue an MBA specialization in finance, as there is no specialized qualification requirement. Admission to the MBA Finance program is also not restricted by age.
Whereas all 2-year full-time regular MBA programs offer this concentration in the second year, only a few elite institutions specialize in this field.
The degree equips you with the skills you need to perform accounting and work in banking and international finance companies, among others.
Core Topics and Aspects
- Business communication
- financial markets and institutions.
- Portfolio management
- public financial management.
- Quantitative methods for management
- Securities analysis
- Strategic management
- Treasury and risk management
The Best Institutions To Study
- FORE School of Management, New Delhi – 2 years of full-time PGDM in Financial Management.
- JBIMS Mumba–2 years of full-time M.Sc in Finance
MBA in Finance Salary in India
Latest payscale.com data indicates that the average salary of an MBA in finance graduate is ₹7,52,000 per year.
There’s always scope for financial and professional growth for anybody with this degree. Still, students in top institutes often get a head start, earning around 20 lakhs per annum in the early stages of their careers.
2. MBA in Marketing
The Marketing Management specialization is traditionally preferred and is regarded as the best MBA specialization for future security, as the need for MBAs with sales and marketing abilities never decreases.
Marketers have expertise in finding consumers’ pain points and needs and presenting solutions in terms of a product or service. Their job also involves competing with other marketers and making the most of marketing resources to help their clients increase reach and sales.
Getting an MBA in Marketing is an excellent way to learn the ins and outs of consumer behaviour. You will also learn about building relationships with customers and internet marketing.
Students who want to learn about consumer behaviour, sales management, branding, product development, market research, advertising & communication, services marketing, rural marketing, and digital marketing, among other topics, should pursue a marketing management concentration.
Mathematical Ability, Good Communication Skills, Analytical and Leadership Skills, Reasoning Skills, and Problem-Solving Skills are all needed skills for applicants pursuing an MBA in Sales & Marketing degree.
The Best Institutions To Study
While all 2-year full-time regular MBA programs offer this concentration in the second year, only a few institutions specialize in this field.
- KJ Somaiya Institute of Management Studies and Research, Mumbai – 2 years of full-time PGDM in Sales and Marketing.
- TAPMI Manipal –2 years of full-time PGDM in Sales and Marketing.
- IIM Ahmedabad
- IIM Calcutta
- IPE Hyderabad
Core Topics and Aspects
- Advanced research techniques in marketing
- business marketing
- Competitive marketing
- Consumer behaviour
- Marketing and communications management
- Product and brand management.
- Retailing management
MBA in Marketing Salary
The latest data collected by payscale.com indicates that the average MBA in Marketing graduate earns ₹8,08,000 annually.
The starting salary typically ranges between six and eight lakhs yearly, but students at the best Indian institutes earn well beyond 25 lakhs annually after earning some experience.
3. MBA in Digital Marketing
With more people using the internet than ever, businesses are forced to build a website and social media presence to remain relevant in the eyes of the target audience.
Hundreds of Indian colleges offer MBAs in digital marketing. It’s among the top MBA specializations in India in demand. The course teaches students to apply traditional marketing skills in a digital landscape.
Students learn digital marketing on topics that include everything from SEO to website building and email marketing and are also taught the managerial skills they need.
MBA in Digital Marketing Salary
While an MBA in digital marketing is among the top MBA specializations in India, the average graduate earns ₹5,50,000 annually. But graduates with more experience earn between ₹10 and ₹25 lakhs yearly.
4. MBA in Human Resource Management
The MBA in Human Resource Management specialization is in high demand in the industry and various sectors of business. Managing and keeping the best human resources at work has become a challenge, and as a result, the need for candidates who have completed an MBA in Human Resources is increasing year after year in corporate and industry.
The program requires the human resource manager to ensure that the business organization has the required number of skilled employees who are knowledgeable about their jobs and the firm’s objectives. The program’s main goal is to build vital skills, knowledge, and a sensitive HR professional capable of handling both core business and human resource difficulties with ease.
Besides taking care of recruiting, training, and retaining employees, HR is also responsible for taking regular performance updates and building an employee policy. These professionals are also responsible for managing employees’ salaries and increments.
The rise of startups in India has increased the demand for HR professionals across the country. The best institutes to get this degree from include
While all 2-year full-time regular MBA programs offer this concentration in the second year, only a few elite institutions specialize in this field.
Core Topics and Aspects
- Cross-cultural and international human resource management
- Economics of human resources
- Employment Relations Law
- Fundamentals of human resource management
- Fundamentals of industrial relations
- Human Capital Management and HR Audit
- Human resource planning and management
- Performance management and appraisal
- Wage determination and administration
The Best Institutions To Study
- IMI, New Delhi 2 years of full-time PGP-HRM.
- MDI Gurgaon-2 years of full-time PGP-HRM.
- IIM Indore – 2 years of full-time PGP-HRM at IIM Indore.
- Management Development Institute (Delhi)
- Tata Institute of Social Sciences (Mumbai)
MBA in Human Resources Salary
The latest data collected by payscale.com indicates that an MBA specialising in human resources management earns ₹6,70,000 a year on average.
However, students graduating from top institutes earn upwards of eight lakhs per year in the initial stages of their careers.
5. MBA in Rural Management
Rural management accounts for more than half of India’s marketing, finance, and human resources management. During the next three to four years, India will demand an increasing number of qualified professionals with an MBA in Rural Management concentration. This is why, in order to meet the needs of India’s vast rural market, international companies are increasingly attracted to skilled workers with an MBA in Rural Management.
This is one of the MBA specializations in India that will equip you with the skills required to plan and control all activities in the agricultural sector. After graduating, you will be required to work closely with farmers.
Many young learners feel inclined to dedicate their efforts to rural development by working to implement better social-economic policies. If you find this work exciting, getting an MBA in rural management may be the right way to go.
You will get a taste of staying in remote villages when you get involved with the compulsory internship.
Core Topics and Aspects
- Corporate social responsibility
- E-business for rural enterprises
- Economic analysis for rural management
- International trade
- Legal environment
- Microfinance
- Natural resource and sustainability
- Operations research
- Rural society and Indian polity
- Social entrepreneurship
The Best Institutions To Study
While all 2-year full-time regular MBA programs offer this concentration in the second year, only a few institutions specialize in this field.
- Amity School of Rural Management.
- Institute of Rural Management Jaipur.
- WeSchool Mumbai.
MBA in Rural Management Salary
Estimates by ASBM University suggest that the average fresher with an MBA in rural management earns between ₹3 lakh and 12 lakh annually.
6. MBA in Health Care Management
The COVID-19 pandemic introduced several changes in how most industries work, but more importantly, it was a wake-up call to many about our reliance on the healthcare system. Healthcare facilities require trained healthcare managers just as they require nurses and doctors.
A number of MBA universities are now offering a specialization in healthcare management as part of their MBA programs. This curriculum enables you to better employment possibilities by focusing on the most relevant concerns of preventative healthcare, treatment and pharma management, hospital administration and management, and health insurance.
Earning an MBA in healthcare management is a great way to find work in hospitals, insurance, and pharmaceutical companies. The course will teach you everything you need to know about managing a healthcare crisis.
The MBA in Health Care provides you with a wide range of opportunities in healthcare administration with a variety of firms, including hospital networks, diagnostic chains, and health insurance companies.
Core Topics and Aspects
- Business policy and strategic management
- Clinical pharmacy
- Financial and cost accounting for hospitals
- Health service management
- Hospital information management systems
- Material management
- Medical ethics quality management
- Medical tourism and financial management
- Operations and service management
The Best Institutions To Study
While all 2-year Full-Time Regular MBA programs offer this concentration in the second year, only a few elite Institutes specialize in this field.
- NMIMS Mumbai–2 years of full-time pharmaceutical management
- Goa Institute of Management, Goa- 2 years of full-time PGDM health care management
- Symbiosis Institute of Health Science (Pune)
- Manipal School of Management (Manipal)
MBA in Healthcare Management Salary
Payscale.com data suggests that the average MBA specialising in healthcare management earns ₹ 8,75,000 per year.
If the candidate has work experience of between two and three years before earning their MBA, they may be offered packages in the ₹ 12 lakh per year range.
7. MBA in Logistics Management
Supply chain management, sometimes known as simple logistics management, is concerned with the planning, implementing, and controlling of the supply and stock of goods and services between the point of origin and the point of consumption.
The strength of a business’s supply chain relies critically on the logistics management of the business. MBA graduates specializing in logistic management are trained to control the buying and selling of raw materials and finished products.
This is one of the MBA specializations in India that teaches candidates about the most effective logistics management methods that enable them to reduce the time and cost of production. Logistics management roles require those with a calm-minded nature and a problem-solving mindset.
An MBA in Logistics Management is an option for candidates who do not want to study Operations Management as a whole.
Core Topics and Aspects
- Business process re-engineering
- Economics and management decisions
- Financial management in the supply chain industry
- Global supply chain management
- An introduction to logistics and supply chain management
- IT applications in the supply chain
- Logistics planning and strategy
- Procurement consultant management
- Strategic management
- Supplier relationship management
The Best Institutions To Study
While all 2-year full-time regular MBA programs offer this concentration in the second year, only a few elite institutions specialize in this field.
- Indian Maritime University, Kochi Campus.
- Indian Institute of Logistics, Chennai.
- Indian Institute of Management, Udaipur
MBA in Logistics Management Salary
According to payscale.com, logistics managers earn an average yearly salary of ₹7,08,000. However, graduates can expect a salary of around ₹6,00,000 per annum in the initial stages of their career. Experienced logistics managers earn upwards of 15 lakhs annually.
8. MBA in Information Technology (IT)
Candidates with an MBA in Information Technology have an advantage in today’s competitive business world since they have a conceptual vision and awareness of technology trends.
If you’re tech-savvy and want to learn about management and computer science, look into earning an MBA in information technology. This is one of the MBA specializations in India that will educate you about the internal workings of software, networks, hardware, and data centres.
Additionally, you will learn to design and implement IT solutions for businesses of all sizes. Some of the top institutes for getting an MBA in this specialisation are
Aside from that, candidates who have completed an MBA in Information Technology specialization have a strong foundation in management skills as well as educating and developing managers who can effectively manage not only designing, planning, and selection, but also the implementation, use, and administration of emerging information technology trends.
New graduates typically earn between five and six lakhs yearly, but with professional growth, graduates can find roles such as IT managers and earn a salary of over ₹10 lakhs a year.
Core Topics and Aspects
- Business applications of IT
- Data mining and coding.
- E-business
- Emerging IT platforms and services
- IT consulting and advisory practice
- IT outsourcing strategy and operations
- IT project management
- IT strategic planning
- Technology entrepreneurship
- Technology-enabled business model innovation
The Best Institutions To Study
While all 2-year full-time regular MBA programs offer this concentration in the second year, only a few elite institutions specialize in this field.
- Management Development Institute, Gurgaon
- Jamnalal Bajaj Institute of Management Studies, Mumbai
- Symbiosis Centre for Information Technology, Pune
- BIMS (Calcutta)
- Chandigarh University (Chandigarh)
MBA in Information Technology Salary
If you want to earn some of the best salaries of all MBA specializations in India, specialising in information technology is the way to go.
Payscale.com data indicates that graduates specialising in information technology earn ₹10,00,000 yearly on average.
9. MBA in Event Management
With the Journal of Business estimating the managed event sector of event management to account for 53% of total revenue in the industry, the demand for qualified event management professionals is expected to continue rising.
Event management has become more of a viable career option in recent years, equipping students with the skills needed to connect with specific target audiences, pick relevant themes, work out the logistics, and promote an event.
Candidates with an MBA in Event Management Specialization are equipped to conceptualize, plan, and execute any event. Candidates who pursue an MBA in Event Management will learn how to identify their target audience, choose an event theme, determine the event’s main objective, plan and execute the theme, and issue invitations.
Furthermore, event management professionals are also responsible for providing clients with budget estimates and successful event management.
Earning an MBA in event management is an excellent way to learn crisis management and heavy coordination since these crucial requirements make or break events.
Although event management is considered a part of mass communication courses, individuals who want to focus entirely on event management can pursue this MBA specialization in India, which is provided at the master’s degree level by many renowned universities.
Topics and Aspects
- Advertising
- Celebrity management
- Crowd management
- Customer service
- Event accounting and coordination
- Event logistics
- Insurance and risk management
- Security and safety management
- Study of Law and licenses
- XMedia Management
The Best Institutions to Study
While all 2-year full-time regular MBA programs offer this concentration in the second year, only a few elite institutions specialize in this field.
- Symbiosis Institute of Business Management, Pune
- National Academy of Event Management and Development.
- National Institute of Event Management (Mumbai)
- SAGE University (Madhya Pradesh)
MBA in Event Management Salary
Steadily remaining one of the top MBA specializations in India, graduates earn an average starting salary of ₹1,50,000 annually. Per the data provided by payscale.com, graduates with this degree have an average base pay of ₹2,16,000 annually.
The most experienced event managers earn upwards of ₹18 lakhs yearly in senior-level roles.
10. MBA in Operations Management
Manufacturing and distributing products are no small tasks, and these responsibilities lie on the shoulders of well-trained operations managers. These professionals continually work to find solutions that improve production and distribution and optimise the cost of products and profit margins.
Candidates in the Operations Management specialization are taught details about delivering valued end products to end customers by continuously improving productivity, quality, minimizing costs, and reducing turnaround time. An MBA in Operations Management is an excellent choice for those who want to learn everything there is to know about running a business.
Getting an MBA in operations management equips you with theoretical and practical knowledge to manage the manufacturing and distribution operations of a company.
Candidates who study for MBA specializations in Operations Management are also prepared to cope with issues such as supply chain design, logistics services, supply chain management, and so on.
The Best Institutions to Study
While all 2-year Full-Time Regular MBA programs offer this concentration in the second year, only a few elite Institutes specialize in this field.
- Symbiosis Institute of Business Management, Pune.
- BIMTECH, Noida
- The Great Lakes Institute of Management
- DY Patil School of Management (Mumbai)
- Narayana Business School (Ahmedabad).
Core Topics and Aspects
- Business ethics
- Corporate governance
- Decision models and optimization
- International business
- Management information system
- Market research
- Marketing management
- Operations management
- Project management
- Strategic management
MBA in Operations Management Salary
Per data collected by payscale.com, graduates holding an MBA in operations management earn an average annual salary of ₹9,40,000.
11. MBA in Business Management
As a result of the MNCs and business groups that have set up shop in India, the demand for specialists in the field of business management has increased.
If you’re looking to equip yourself with business skills that allow you to manage diverse teams worldwide, earning an MBA in international business management may be the right option for you.
You will learn about integrated management, leadership, international business economics, international strategy, and much more. Earning the degree opens doors for candidates to help huge businesses expand their operations and sales overseas. It also teaches students all they need to know to navigate management situations.
One of the best things about this specialization is that it is offered online, and you can save both money and time by earning this degree online. The top institutes offering MBAs in international business management include the Indian Institute of Foreign Trade (IIFT) Delhi/Kolkata and IIM Calcutta.
MBA in International Business Management Salary
According to data collected by payscale.com, MBA graduates specialising in international business management earn an annual salary of ₹8,51,000 yearly.
Personnel management, international business, human resource, finance, sales, retail management, and other topics are covered in depth in an MBA in Business Management program.
The Best Institutions to Study
While all 2-year full-time regular MBA programs offer this concentration in the second year, only a few elite Institutes specialize in this field.
- Indian Institute of Management, Lucknow.
- Indian Institute of Management, Indore.
- Indian Institute of Management, Bangalore.
Core Topics and Aspects
- Business ethics
- Corporate governance
- Decision models and optimization
- International business
- Management information system
- Market research
- Marketing management
- Operations management
- Project management
- Strategic management
12. MBA in Business Analytics
An MBA in business analytics is a relatively new specialisation, training students in areas including decision analysis, artificial intelligence, statistics, and marketing. To get into top business colleges such as IIMB and NIMS, you must score highly on the entrance exam. Most colleges accept CAT exam results.
Completing the degree opens the doors to jobs in positions such as data scientists, predictive modellers, quantitative analysts, and more.
The fees for taking this course will range from ₹5 to ₹15 lakhs per year. However, after graduating, you can expect a salary of between ₹8 and ₹16 lakhs per annum.
MBA in Business Analytics Salary
Those with an MBA in business analytics degree earn an average of ₹7,60,000 annually.
While there is a lot of scope for financial growth, students graduating from top institutes are offered packages in the 18-lakh per annum range.
13. MBA in Entrepreneurship
Understanding the entrepreneurial mindset is key to running a business successfully. Modern-day business people make up a bigger chunk of the population than ever before in almost every country.
There are countless people with entrepreneurial aspirations who are taking courses to learn the skills they need. One of the best options for people like this is an MBA in entrepreneurship.
The course teaches students the skills to create business ideas and see them to fruition. You need a bachelor’s degree in any discipline and a minimum aggregate score of 50% to enrol in this course. You will also need to score well on one of the management tests in India, such as CAT, CMAT, and XAT.
MBA in Entrepreneurship Salary in India
Per payscale.com data, the average graduate with an MBA in entrepreneurship earns an annual salary of ₹8,83,000.
If you earn the degree from one of the country’s top institutes, you could earn a salary in the ₹20 lakh per year range.
14. MBA in Environmental Management
Besides educating you about general management, earning an MBA in environmental management will teach you about the most effective green practices in the management world.
Over four semesters, you can expect to learn about global warming, deforestation, agricultural pollution, industrial pollution, and more. You will also learn about sustainable development and methods to cope with environmental issues.
The degree will teach you the skills required to minimise a business’s impact on deteriorating environmental conditions. Of course, you will also learn the core management subjects and understand the many facets of a business’s functioning.
Several companies, from non-profit organizations to agriculture and compliance departments, hire MBAs specializing in environmental management. Professionals apply their training to ensure that business runs without breaking government regulations.
MBA in Environmental Management Salary
Graduates holding an MBA in environmental management earn an average yearly salary of ₹5,40,000.
15. MBA in Change Management
One of the biggest reasons professionals in almost every industry want to get an MBA is to develop their leadership skills and move into managerial roles.
If you want to understand and overcome the challenges associated with implementing organisational changes, getting an MBA in this specialisation is an excellent idea.
It will equip you with all the skills required to make long-lasting organizational changes across industries. Change management professionals find the lapses that cause people to fail to meet organizational objectives.
Besides earning the degree, you will need to develop excellent communication skills if you want to grow in the role. Change management professionals must be adept listeners, willing to be wrong, organized, and empathic. They also need to be authoritative and have tangible business skills to navigate their careers.
MBA in Change Management Salary
According to the data collected by payscale.com, professionals with change management skills get paid in the ballpark of ₹10,00,000 per year.
16. MBA in International Business Management
If you’re looking to equip yourself with business skills that allow you to manage diverse teams worldwide, earning an MBA in international business management may be the right option for you.
You will learn about integrated management, leadership, international business economics, international strategy, and much more. Earning the degree opens doors for candidates to help huge businesses expand their operations and sales overseas. It also teaches students all they need to know to navigate management situations.
One of the best things about this specialization is that it is offered online, and you can save both money and time by earning this degree online.
The Best Institutions to Study
- Indian Institute of Foreign Trade (IIFT) Delhi
- Kolkata and IIM Calcutta.
MBA in International Business Management Salary
According to data collected by payscale.com, MBA graduates specialising in international business management earn an annual salary of ₹8,51,000 yearly.
Conclusion
MBAs in all specializations are in high demand after easing restrictions imposed due to the Covid-19 pandemic. It’s only a matter of choosing what’s best for you using the tips and salary information mentioned in this post.
We hope that this blog has clarified all of your worries and queries about what an MBA is, what MBA specialization is in India, and which option is ideal for you.
Make sure you factor in your interests and passions and choose one of the MBA specialisations in India you’re truly interested in.
Please share your thoughts and any further questions in the comments area below. We’d appreciate it if you could contact us, we usually reply instantly.
Happy Learning!
