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List of Best MBA Specializations in India for 2023 - Colleges, Fees, How to Choose

Mahima Gupta
Mahima GuptaUpdated On: March 15, 2023 12:36 pm IST

Looking for the top MBA specializations? Check the complete MBA course list in India for 2023, including top MBA colleges, areas of study, career scope, top recruiters, average salaries, and more!

List of MBA Specializations - How to Choose, Scope, Differences & Top Colleges

MBA specializations are offered by numerous Management institutes in India based on the interests of candidates. Some specializations include industry-specific electives and hands-on learning opportunities, while others concentrate on the basic management topics covered in the MBA curriculum. Students can find several business schools in India that provide a range of MBA specializations, including MBA in Marketing, MBA in Business Analytics, MBA in Finance, MBA in Human Resources, and more.When deciding whether to enroll in an MBA course in a particular specialty, students should give careful regard to the cost of management education and also the return on investment that they are receiving upon the completion of their MBA degree.

Master of Business Administration (MBA) is one of the most-preferred postgraduate programs by individuals who wish to build an executive career as a business leader. This postgraduate management program offers knowledge of Business Administration and Management and equips students with various skills, such as strategic thinking, decision-making, and people management. With an MBA degree, one can work at top-managerial levels in reputed companies around the world. However, those who want to boost their professional careers, even more, can do so by earning a specialized MBA, in a dedicated area of business. To help you pick the right choice, we have provided the MBA specializations list or MBA courses list and details like syllabus, top colleges, career scope, top recruiters, average salaries, top job opportunities, and more.

Top 11 MBA Specializations in India for 2023

Given below are the top ten MBA specializations in India pursued by many students for excellent career opportunities:

S.No.

MBA Specializations

1

MBA in Finance

2

MBA in HR

3

MBA in IT

4

MBA in Marketing

5

MBA in Operations Management

6

MBA in Business Analytics

7

MBA in Logistics and Supply Chain Management

8

MBA in Business Management

9

MBA in Rural Development Management

10

MBA in Healthcare and Hospital Management

11

MBA in Event Management

Highlights of Best MBA Specializations in India for 2023

It is crucial to go through the major MBA course list to make an informed choice. Students who want to enroll in the MBA courses (whether full-time or executive) can opt for one of the following MBA specializations in demand in India: 

MBA Specializations

Top Subjects

Job Profiles

Salary Range (Per Annum)

Top Recruiters

MBA in Finance

  • Investments
  • International Finance
  • Borrowing
  • Fundraising
  • Corporate Investment Management
  • Credit Risk Manager
  • Corporate Banker
  • Financial Analyst
  • Finance Manager
  • Treasury Manager

INR 4 to 20 Lakh

  • Citi Bank
  • KPMG
  • ICICI Bank
  • HSBC Bank
  • Deloitte

MBA in Human Resource Management

  • HR Information System
  • HR Planning and Development
  • Performance Management and Competency Mapping
  • Accounting and Finance
  • Strategic Management
  • HR Training and Development
  • HR Generalist
  • Compensation Manager
  • Executive Recruiter
  • Technical Recruiter

INR 8 to 12 Lakh

  • Google
  • Accenture
  • L&T
  • Amazon
  • P&G

MBA in Information Technology (IT)

  • IT Entrepreneurship
  • Bio Design Data
  • Big Data and Data Mining
  • Supply Chain Management
  • New Energy Technology
  • Program Manager
  • Project Manager -IT Software
  • Information System Managers
  • IT Manager
  • Information Technology Consultant

INR 8 to 13 Lakh

  • Google
  • IBM
  • Dell
  • Oracle
  • HP

MBA in Marketing

  • Applied Operations Research
  • Enterprise Research Planning
  • Supply Chain Management
  • Strategic Management
  • Project Management
  • Marketing Manager
  • Corporate Sales
  • Sales Manager
  • Brand Manager
  • Market Research Analyst

INR 3.5 to 10 Lakh

  • Amazon
  • Flipkart
  • Godrej
  • P&G
  • Coca Cola

MBA in Operations Management

  • Integrated Production Management
  • System Productivity
  • Capital Productivity
  • Labor Productivity
  • Capacity Planning
  • Operations Manager
  • Area Operations Manager
  • General Operations Manager
  • Production Analyst
  • Inventory Manager

INR 3 - 20 Lakh

  • Hindustan Unilever
  • Pepsico
  • P&G
  • Asian Paints
  • Godrej

MBA in Business Analytics

  • Financial Analytics
  • Marketing Management
  • Optimization Analytics
  • Predictive Analytics
  • Strategic Management
  • Business Analyst
  • Operations Analyst
  • Financial Analyst
  • Supply Chain Analyst
  • Marketing & Research Analyst

INR 6 to 10 Lakh

  • Accenture Analytics
  • Convergytics
  • Fractal Analytics
  • Crayon Data
  • Tiger Analytics

MBA in Logistics and Supply Chain Management

  • Business Communication
  • Human Resource Management
  • Logistics Planning and Strategy
  • Financial Management in the Supply Chain Industry
  • IT Application in Supply Chain
  • Logistics and Distribution Manager
  • Supply Chain Analyst
  • Supply Chain Coordinator
  • Supply Chain Manager
  • Supply Chain Consultant

INR 6 to 14 Lakh

  • Damco
  • FedEx
  • Blue Dart
  • First Flight
  • Healthkart

MBA in Business Management

  • Managerial Economic
  • Operations Research
  • Organizational Behavior
  • Economic Policy
  • Business Statistics
  • Management Consultant
  • Business Analyst
  • Business Development Manager
  • Marketing Manager
  • Real Estate Consultant

INR 4 to 9 Lakh

  • TCS
  • Infosys
  • Wipro
  • Amazon
  • Apple

MBA in Rural Development Management

  • Economic Analysis for Rural Management
  • Rural Society and Polity
  • Rural Livelihood and Research Methods
  • Development Theories and Practices
  • Natural Resources and Sustainability
  • Rural Development Officer
  • Business Development Manager
  • Vendor Development Officer
  • National Sales Development Officer
  • Research Officer

INR 3 to 12 Lakh

  • Non-Government Organizations (NGO)
  • Government Rural Development Projects
  • Social Research Agencies
  • Rural-Based Voluntary Agencies
  • High-End Rural-Based Research Facilities

MBA in Healthcare and Hospital Management

  • Health Service Management
  • Planning of Healthcare Institution
  • Financial and Cost Accounting for Hospitals
  • Human Resource Management
  • Clinical Pharmacy
  • Healthcare Manager
  • Healthcare Information Manager
  • Pharmaceutical Project Manager
  • Healthcare Finance Manager
  • Health Informatics Manager

INR 4 to 12 Lakh

  • Cipla
  • Novartis
  • Fortis
  • ICICI Lombard
  • Apollo

MBA in Event Management

  • Event Logistics
  • Event Coordination
  • Event Accounting
  • Public Relations
  • Marketing Management
  • Event Planner
  • Public Relations Specialist
  • Wedding Planner
  • Operations Manager
  • Client Servicing Manager

INR 4.5 to 15 Lakh

  • Pegasus
  • Wizcraft
  • Percept
  • George P Johnson
  • Tafcon


Also Read: Top 5 Highest Paying MBA Specialisations in India

Now let's have a look at the MBA specializations details, such as the MBA courses list, top MBA colleges, career opportunities, required skills, annual salary packages, and top recruiters. By going through the MBA specializations list or MBA courses list and details explained below, you will be able to choose the right pick for you!

MBA in Finance

Finance is among the most popular MBA specializations, as growth prospects in this field are immense. Financial Management is focused on planning and controlling the financial resources of any industry. An MBA in financial management will focus on accounting management and control of the Indian capital and money market, banking, privatization, and international finance.

What Does MBA Finance Course Teach?

Students who pick Finance specialization have to study the topics mentioned in the table.

Accounting for Managers

Business Communication

Quantitative Methods for Management

Managerial EconomicsOrganizational Behavior

Macroeconomics

Marketing Concepts and Practice

Corporate Finance

Strategic Management

Investment Analysis and Portfolio Management

Financial Markets and Institutions

Advanced Financial Management

Public Financial Administration

Business and Corporate Laws

Human Resource Management

Information Technology for Finance

Production and Operations Management

Treasury and Risk Management


Also Read: Emerging MBA Specializations in India

Top MBA Colleges in Finance

Top MBA Finance colleges that offer the best combination of academic and practical aspects of the MBA in Finance are mentioned in the table below:

S.No.

Name of the MBA Finance College

Location

1

SP Jain Institute of Management and Research

Mumbai

2

Narsee Monjee Institute of Management Studies

Mumbai

3

Jain University

Bangalore

4

Institute Of Management - Christ University (IMCU)

Bangalore

5

Lal Bahadur Shastri Institute of Management (LBSIM)

New Delhi

6

National Institute of Bank Management

Pune

7

Xavier Institute of Social Service (XISS)

Ranchi

8

Amritsar Group of Colleges (AGC)

Amritsar

9

IBMR Business School

Gurgaon

10

Chhatrapati Shivaji Maharaj University (CSMU)

Navi Mumbai

11

International School of Business & Media (ISB&M)

Pune

12

Universal Group of Institutions (UGI)

Mohali

Career After MBA in Finance

Candidates opting for MBA specializations in Finance will have the following career options in front of them after the program completion.

Asset Management

Corporate Finance

Corporate Banking
Credit Risk Management

Derivatives Structuring

Hedge Fund Management
Private Equity

Treasury

Sales
Trading

Finance Ministry

Stock Market

Skills Required for MBA in Finance

There are a certain set of skills that one must possess to excel in the field of Finance, especially when pursuing MBA courses in this area. The skills that students going for MBA specialization in Finance are:

  • Supervisory skills
  • Mathematics skills
  • Leadership skills
  • Communication skills
  • Strategic Thinking

Annual Salary Package After MBA in Finance

The annual salary package that an MBA in Finance student bags after completing the post-graduation can vary from INR 2,00,000 to INR 14,70,000.

Top Recruiters for MBA in Finance Graduates

  • Goldman Sachs
  • Morgan Stanley
  • Merrill Lynch
  • JP Morgan
  • EY (Ernst & Young)
  • Capgemini Consulting
Also ReadWhich One is Better - MBA in Finance or MBA in Marketing?

MBA in Human Resource Management (HR)

MBA in HR Management is quite popular in the MBA course list as it will equip students with all the key skills, concepts, and knowledge to manage human resources in a way that leads to the success of a company. The courses teach you all about recruiting, training, team building, performance updates, employee policy, salary, benefits and increments, employee health and safety as well as staff amenities. If you’ve got good communication skills and can handle tough situations well, you can go a long way in this field.

What Does HR Management Course Teach?

Students pursuing MBA specialization in Human Resource Management will be studying the following MBA subjects as a part of their curriculum.

Employment Relations Law - Law of Industrial Relations

Employment Relations Law - Law of Social Security

Fundamentals of Human Resource Management

Fundamentals of Industrial Relations

Fundamentals of Labor Laws

Human Resource Planning

Performance Management and Appraisal

Wage Determination and Administration

    Top MBA Colleges in HR Management

    HR Management as one of the MBA specializations is offered in several Management colleges in India. Following are some of the popular MBA Colleges in HR.

    S. No

    Name of the HR MBA College

    Location

    1

    Xavier Labour Relations Institute

    Jamshedpur

    2

    Tata Institute of Social Sciences

    Mumbai

    3

    International School of Business and Media

    Pune

    4

    Jayoti Vidyapeeth Women's University

    Jaipur

    5

    GNA University

    Phagwara

    6

    Faculty Of Management Studies (FMS)- University of Delhi

    Delhi

    7

    Management Development Institute (MDI)

    Gurgaon

    8

    Indian Institute of Management (IIM) Ranchi

    Ranchi

    9

    Management Development Institute

    Murshidabad

    10

    Chandigarh University

    Chandigarh

    11

    University of Petroleum & Energy Studies (UPES)

    Dehradun

    12

    SUN International Institute For Tourism and Management (SIITAM)

    Hyderabad

    Career After MBA in HR Management

    HR professionals play a vital role in selecting the right manpower for an organization. After completing an MBA, students can easily find jobs in the following positions.

    HR Assistant

    Technical Recruiter

    Training and Development Coordinator or Manager

    Payroll Specialist

    Human Resources Manager

    Employee Relations Manager

    Compensation or Benefit Analyst or Manager

    HR Information Systems Manager

    Labour Relations Manager

    Skills Required for MBA in HR Management

    Students aspiring to pursue MBA in HR Management and planning to build a career in it should have the following skills.

    • Leadership Skills
    • Communication Skills
    • People Management
    • Strategic Thinking
    • Sensitivity
    • Adaptability to Change
    • Human Capital Development Skills

    Annual Salary Package After MBA in HR Management

    A student who opts for MBA specialization in HR Management mostly bags a salary package of INR 4,50,000 to INR 15,50,000 per annum.

    Top Recruiters for MBA in HR Management

    Some of the top employers for MBA in HR Management are:

    • Randstad
    • Kelly Services India
    • Mercer India
    • Adecco India
    • Black and white business solution
    • ABC Consultants
    • Genius consultant Ltd.
    • Career expert
    • Talent Mappers

    MBA in Information Technology (IT)

    IT Management is the management of all information technology resources of a company. These resources can comprise computer hardware, software, networks, data, and data center facilities, and also the staff involved. An MBA in Information Technology Management is designed to educate and develop managers who can effectively manage the planning, design, selection, implementation, use, and administration of emerging and converging information and communications technologies. Find out more about MBA courses in the field of IT.

    What Does an IT Management Course Teach?

    The MBA subjects in the Information Technology Management syllabus comprise the following topics.

    Enterprise Business Applications of IT

    IT Strategic Planning

    IT Outsourcing Strategy and Operations

    IT Consulting and Advisory Practice

    E-Business

    IT Project Management

    Emerging Platforms and Services

    Technology Entrepreneurship

    Technology-Enabled Business Model Innovation

    Top MBA Colleges in IT Management

    The top management colleges in India for MBA specialization in IT are:

    S. No

    Name of the MBA IT College

    Location

    1

    Jamnalal Bajaj Institute of Management Studies (JBIMS)

    Mumbai

    2

    Balaji Institute of Modern Management

    Pune

    3

    Lloyd Busines School

    Greater Noida

    4

    ASM Group of Institutions

    Pune

    5

    University of Engineering & Management (UEM)

    Jaipur

    6


    Symbiosis Centre for Information Technology

    Pune

    7

    KJ Somaiya Institute of Management Studies and Research

    Mumbai

    8


    Bharatiya Vidya Bhavan Institute Of Management Science (BIMS)

    Kolkata

    9

    Chandigarh Group of Colleges (CGC)

    Landran

    10

    Bharati Vidyapeeth University Institute of Management (BVU)

    Kolhapur

    11

    Chandigarh University (CU)

    Chandigarh

    Career Options After MBA in IT

    Students can explore the career options stated in the fields below.

    Project Manager

    Information System Manager

    Consultant

    Product and Corporate Marketing

    Cross-Platform Communications

    Business Development Manager

    Strategy and Planning

    Product Manager

    --

    Skills Required for MBA in IT

    One who is willing to make an astonishing career in the field of IT Management must be apt in the following skills.

    • Knowledge of IT
    • Problem-solving skills
    • Analytical skills
    • Adaptability to change
    • Global orientation
    • Strategic thinking

    Top Recruiters for MBA IT Graduates

    The major tech firms that hire students with MBA specialization in IT are:

    • Google
    • Facebook
    • Qualcomm
    • Adobe
    • F5 Networks
    • Apple and many more. 

    MBA in Marketing Management

    Marketing management in India revolves around matching the needs of consumers to the marketing resources of a company. The MBA specializations in this field are about transforming consumer demands into services or products, which the company can profitably offer, deliver and promote in the marketplace.

    What Does a Marketing Management Course Teach?

    The following table shows the MBA subjects for a Marketing Management specialization:

    Consumer Behavior

    Advertising Management

    Competitive Marketing

    Business Marketing

    Sales Force Management

    Service Marketing

    Sales Promotion Management

    Product and Brand Management

    Internet Marketing

    Retailing Management

    Marketing Channel

    Analytical Marketing

    Advanced Research Techniques in Marketing

    Marketing Communications Management

    Customer Relationship Marketing

    Skills Required for MBA in Marketing Management

    The skills required for marketing management MBA specialization are:

    • Interpersonal skills

    • Strategic skills

    • Communication skills

    • Entrepreneurial skills

    Top MBA Colleges in Marketing Management

    The top colleges for MBA specialization in Marketing Management in India are:

    S. No

    Name of the MBA Marketing College

    Location

    1

    Indian Institute of Management, Ahmedabad

    Ahmedabad

    2

    Institute of Public Enterprise

    Hyderabad

    3

    PCTE Group of Institutions

    Ludhiana

    4

    Rathinam Group of Institutions

    Coimbatore

    5

    Jagran Lakecity University (JLU)

    Bhopal

    6

    Indian Institute of Management, Calcutta

    Kolkata

    7

    SP Jain Institute of Management and Research (SPJIMR)

    Mumbai

    8

    Suresh Gyan Vihar University (SVGU)

    Jaipur

    9

    Poddar Group of Institutions

    Jaipur

    10

    Institute of Management & Research (IMR)

    Ghaziabad

    Career After MBA in Marketing Management

    Students after pursuing MBA courses in marketing can get job roles like:

    Marketing Manager

    Brand Manager

    Asset Management

    Corporate Sales

    Market Research Analyst

    Sales Management

    Media Planning

    Product Management

    Digital Marketing

    Annual Salary Package After MBA in Marketing Management

    Students can earn up to INR 20.43 lakh per annum in the areas related to Marketing Management.

    Top Recruiters for MBA in Marketing Management

    The top recruiters for the MBA in Marketing Management are:

    • Sony

    • Exim

    • Ranbaxy

    • Spencer's Retail

    • KPMG

    • Tata Consultancy Services

    • Cognizant Technology

    Also ReadMBA Marketing vs MBA Digital Marketing

    MBA in Operations Management

    Operations Management (OM) is a specialized field that facilitates the process of delivering value to the end customer by improving productivity, quality, cost, and turnaround time. MBA specialization in Operations Management teaches students to effectively manage the processes behind the successful production and distribution of a product in an organization.

    What Does an MBA in Operations Management Course Teach?

    MBA in Operations Management has the following MBA subjects in its curriculum.

    Operations Research

    Operations Research

    Materials Management

    Project Management

    Enterprise Resource Planning

    Financial Accounting and Management

    Supply Chain Management

    International Logistics

    Technology and Innovation Management

    Project Management

    Information Technology & Systems Management

    Marketing Management

    Top MBA Colleges in Operations Management

    The top colleges for MBA in Operations Management in India are:

    S. No

    Name of the MBA in Operations Management College

    Location

    1

    T.A.Pai Management Institute (TAPMI)

    Manipal

    2

    Indian Institute of Social Welfare and Business Management

    Kolkata

    3

    Alliance University

    Bangalore

    4

    DY Patil University School of Management

    Navi Mumbai

    5

    Manav Rachna University (MRU)

    Faridabad

    6

    School of Management Sciences

    Varanasi

    7

    Great Lakes Institute of Management

    Chennai

    8

    Chetan Dattaji Gaikwad Institute of Management Studies (CDGIMS)

    Pune

    9

    Department Of Management Studies - IITR (DOMS)

    Roorkee

    10

    Narayana Business School (NBS)

    Ahmedabad

    Career Options After MBA in Operations Management

    Students can build a career in the following sectors:

    Manufacturing

    Retail

    Financial Institutions

    Construction

    Management Consulting

    Hospitality

    Information Technology

    Transportation

    Logistics 

    MBA in Business Analytics

    An MBA in Business Analytics is a discipline in which students are taught how to create business strategies based on data. Students learn how to process and read large amounts of data to generate results and provide real-world solutions and strategies for the growth of a business in these types of MBA courses.

    What does the MBA in Business Analytics course teach?

    The following MBA subjects are included in the syllabus of the MBA in Business Analytics course.

    Financial Accounting

    Financial Analysis

    Statistical Analysis

    Risk Management

    Predictive Analysis

    Business Intelligence

    Data Modelling

    Computational Methods

    Optimization Analysis

    Big Data Analytics

    Data Mining

    Simulation Modelling

    Top MBA Colleges in Business Analytics

    Check out the top MBA colleges offering Business Analytics MBA specialization in India:

    S. No

    Top MBA Colleges in Business Analytics

    Location

    1

    Manav Rachna University

    Delhi NCR

    2

    VELS University

    Chennai

    3

    Galgotias Business School

    Greater Noida

    4

    Chandigarh University

    Chandigarh

    5

    BIMS Kolkata

    Kolkata

    6

    Christ University Institute of Management

    Bangalore

    7

    DIT University

    Dehradun

    8

    UPES Dehradun

    Dehradun

    9

    Versatile Business School

    Chennai

    10

    International Institute of Business Studies

    Bangalore

    11

    VGU Jaipur

    Jaipur

    12

    GLIM, Chennai

    Chennai


    Also Read10 Best Colleges offering MBA in Data Science and Business Analytics

    Career Options after MBA in Business Analytics

    Here are some available career options that any MBA in Business Analytics can start in:

    Business Analyst

    Data Analyst

    Data Scientist

    Quantitative Analyst

    Market Research Analyst

    Data Mining Expert

    Data Warehousing

    SAS Programmer

    Predictive Modeller

    MBA in Logistics and Supply Chain Management

    MBA in Logistics Management is a part of supply chain management that deals with the planning, implementing, controlling of flow, and storage of goods and services, between the point of origin and point of consumption. Companies now need a new kind of supply chain/logistics/operations manager and this need has led to the creation of an MBA specialization in Logistics and Supply Chain Management.

    What Does an MBA in Logistics and Supply Chain Management Teach?

    The following table shows the MBA subjects included in the MBA in Logistics and Supply Chain Management syllabus.

    Economics and Management Decisions

    Organizational Behavior

    Marketing Management

    Operations and Materials Management

    Business Communication

    Introduction to Logistics and Supply Chain Management

    Accounting in Logistics and Supply Chain Sector

    Human Resource Management

    Logistics Planning and Strategy

    Lean Supply Chain Management

    Financial Management in the Supply Chain Industry

    IT Application in Supply Chain

    Strategic Management

    Business Process Re-Engineering

    Multi-Model Transportation

    Supplier Relationship Management

    Supply Chain Modeling and Design

    Supply Chain Simulation

    Global Supply Chain Management

    Logistics Management

    Procurement Consultant Management

    Skills Required for MBA in Logistics and Supply Chain Management

    Here is a list of skills that a student must have to study MBA in Logistic Management.

    • Responsible

    • Ability to see the big picture

    • Effective problem-solving skills

    • Calm under pressure

    • Honesty

    Top Colleges Offering MBA Logistics and Supply Chain Management

    Here is the list of high-ranked colleges offering MBA specialization in Logistics and Supply Chain Management.

    S.No.

    Top MBA Colleges in Logistics and Supply Chain Management

    Location

    1

    School of Business, University of Petroleum and Energy Studies

    Dehradun

    2

    Presidency University

    Bangalore

    3

    VELS Chennai

    Chennai

    4

    ADYPU Pune

    Pune

    5

    Lovely Professional University (LPU)

    Phagwara

    6

    Amity Business School

    Noida

    7

    School of Management, Dr. DY Patil University

    Navi Mumbai

    8

    BML Munjal University

    Gurgaon

    9

    Mansarovar Global University

    Bhopal

    10

    Institute Of Logistics & Aviation Management (ILAM)

    Greater Noida

    Career options after MBA in Logistics and Supply Chain Management

    The relevant sectors where students build a career after completing MBA in Logistic Management are:

    Healthcare

    Apparel and Lifestyle

    Automotive

    Publishing

    Engineering and Electrical Hardware

    FMCG and Consumer Electronics

    Students can get a position as:

    Logistics and Distribution Manager

    Supply Chain Analyst

    Supply Chain Coordinator

    Supply Chain Manager

    Supply Chain Consultant

    Expeditor

    Materials Planner

    Production Planner

    Sales Order Planner

    Master Scheduler

    Demand Planner

    Assistant Buyer

    Annual Salary Package After MBA in Logistics and Supply Chain Management

    Students who complete their post-graduation in MBA Logistic Management generally bag an annual salary package of more than INR 6,25,000.

    Top Recruiters for MBA in Logistics and Supply Chain Management

    Some of the top employers for this MBA in Logistics and Supply Chain Management are:

    • Damco
    • FedEx
    • Blue Dart
    • First Flight
    • Healthkart
    • GAIL
    • ONGC
    • NHPC 

    MBA in Business Management

    In the current scenario of globalization, there is a need for experts in the field of business management due to the upcoming of various MNCs and business groups to give competition to the Indian market competition. The MBA specialization in Business Management essentially teach you detailed aspects of finance, sales, marketing, human resources, personnel management, operations, international business, retail management, and more. 

    What Does an MBA in Business Management Teach?

    Here is the table that shows the MBA subjects for an MBA in Business Management course.

    Managerial Economics

    Operations Research

    Organizational Behavior

    Economic Policy

    Business Statistics

    Decision Models and Optimization

    Financial Management

    Human Resource Management

    Marketing Management

    Operations Management

    Business Ethics

    Corporate Governance

    International Business

    Management Information Systems

    Business Law

    Market Research

    Project Management

    Strategic Management

    Skills Required for MBA in Business Management

    The skills required are:

    • Teamwork

    • Leadership

    • Adaptability to change

    • Problem-solving skills

    Top Colleges Offering MBA in Business Management

    The following table shows the top Indian colleges that offer MBA specialization in Business Management:

    S. No

    Top MBA Colleges in Business Management

    Location

    1

    Indian Institute of Management Bangalore

    Bangalore

    2

    Indian Institute of Management Ahmedabad

    Ahmedabad

    3

    Indian Institute of Management Lucknow

    Lucknow

    4

    Symbiosis Centre For Management And Human Resource Development (SCMHRD)

    Pune

    5

    Indian Institute of Management Calcutta

    Kolkata

    6

    Xavier Labour Relations Institute

    Delhi

    7

    Indian Institute of Management Indore

    Indore

    8

    Xavier University Bhubaneswar (XUB)

    Bhubaneswar

    Career After MBA in Business Management

    Students can find jobs after MBA in Business Management as the following:

    Management Consultant

    Business Analyst

    Business Development Manager

    Marketing Manager

    Real Estate Consultant

    Operations Analyst

    Engineering Manager

    Supply Chain Manager

    Equity Analyst

    Annual Salary Package After MBA in Business Management

    Depending upon the organization and country one is working in, the salary package may vary from INR 6 lakh per annum to INR 25 lakh per annum.

    Top Recruiters for MBA in Business Management

    The top recruiters are:

    • Amazon

    • Deloitte

    • Apple

    • Facebook

    ​​​​​Also ReadMBA in International Business vs MBA in Marketing

    MBA in Rural Management

    With the changing socio-economic scenario and government policies on rural development, it has been seen that an increasing number of students are opting to work in this field. Rural management involves the application of management principles to the rural sector. This entails planning, organizing, and controlling cooperatives and related organizations in the field of agriculture. It is one of the most challenging MBA specializations where candidates are encouraged to visit rural areas, interact and stay with villagers as a part of their fieldwork, while an organizational internship gives them a hands-on experience of working in a rural setup.

    What does a Rural Management Course Teach?

    The MBA subjects that are taught in the MBA courses for Rural Management are:

    Economic Analysis for Rural Management

    Rural Society and Polity

    Rural Livelihood and Research Methods

    Development Theories and Practices

    Natural Resources and Sustainability

    Social Entrepreneurship

    Legal Environment

    Corporate Social Responsibility

    Microfinance

    International trade

    Agribusiness

    E-business for Rural Enterprises

    Skills Required for MBA in Rural Management

    Students pursuing MBA specializations in Rural Management must hold the following skills to achieve greater heights.

    • Ability to work with clients with diverse interests

    • Knowledge of local languages

    • Problem-solving skills

    • Ability to handle masses

    Top Colleges Offering MBA in Rural Management

    Some of the top institutes for MBA in Rural Management:

    S. No

    Top MBA Colleges in Rural Management

    Location

    1

    Institute of Rural Management (IRMA) - Anand

    Anand, Gujarat

    2

    Amity School of Rural Management - Noida

    Noida

    3

    KIIT Bhubaneswar

    Bhubaneswar

    4

    Indian Institute of Rural Management (IIRM)

    Jaipur

    5

    Xavier Institute of Social Service (XISS)

    Ranchi

    6

    Apex University

    Jaipur

    Career Options After MBA in Rural Management

    Students can get placed in the following organizations after completing MBA specializations in Rural Management.

    Government-owned or Sponsored Rural Development Projects

    Funding Agencies

    NABARD Bank

    Voluntary Groups

    National or International NGOs.

    Grameen Bank

    Students can also look for the following fields as they can find great options here.

    Agribusiness

    Insurance

    Microfinance 


    Also ReadJobs after MBA: MBA Job Opportunities, Salaries

    MBA in Healthcare and Hospital Management

    With the concept of healthcare going beyond hospitals, the healthcare industry in India has witnessed remarkable growth in the past few years. An MBA in Healthcare and Hospital Management is a great choice for those interested in the pharmaceuticals sector, government agencies, insurance organizations, hospitals, and consulting firms in the health sector. As a specialist in Healthcare and Hospital Management, you may be required to respond to various critical management problems faced by hospitals and other agencies in the health sector.

    What Does an MBA in Healthcare and Hospital Management Course Teach?

    MBA courses in Healthcare and Hospital Management deal with the following topics.

    Health Service Management

    Planning of Healthcare Institution

    Financial and Cost Accounting for Hospitals

    Human Resource Management

    Clinical Pharmacy

    Operations and Services Management

    Medical Emergency Systems

    Medical Ethics Quality Management

    Material Management

    Medical Tourism Financial Management

    Hospital Information Management Systems

    Business Policy and Strategic Management

    Skills Required for MBA in Healthcare and Hospital Management

    The important skills for an MBA in Healthcare and Hospital Management are:

    • Ethical Judgment

    • Quick thinking

    • Adaptability

    • Relationship building

    • Leadership

    Top Colleges Offering MBA in Healthcare and Hospital Management

    Some of the popular colleges offering MBA specializations in Healthcare and Hospital Management are:

    S. No

    Top MBA Colleges in Healthcare and Hospital Management

    Location

    1

    Symbiosis Institute of Health Science

    Pune

    2

    Manipal School of Management

    Manipal

    3

    LPU Jalandhar

    Jalandhar

    4

    KL University

    Guntur

    5

    Indus University (IU)

    Ahmedabad

    6

    Institute of Health Management

    Bangalore

    7

    Rai University

    Ahmedabad

    8

    IBMR IBS Bangalore

    Bangalore

    9

    Indus University

    Ahmedabad

    10

    Vishwa Vishwani Institute Of Systems And Management (VVISM)

    Hyderabad

    Career Options in Healthcare and Hospital Management:

    Students can find jobs in the following areas after doing MBA in Healthcare and Hospital Management.

    Marketing

    IT

    Human Resource Development

    Medical Colleges

    Pharmaceutical Industry

    Health Insurance

    Students can also get Job posts like:

    Healthcare Manager

    Healthcare Information Manager

    Pharmaceutical Project Manager

    Healthcare Finance Manager

    Top Recruiters for MBA in Healthcare and Hospital Management

    The list includes some of the top employers for an MBA in Healthcare and Hospital Management.

    • Government of India

    • WHO

    • Health Trail Portal

    • IMS Health

    Also Read: MBA in Hotel Management vs MBA in Hospitality Management

    MBA in Event Management

    Event Management is one of the most exciting MBA specializations that offers knowledge to set up events such as seminars, symposiums, conferences, fairs, exhibitions, festivals, functions, and so on. It might interest you to know that major events like IPL, literature festivals, Olympics, or Common Wealth Games completely rely on event management companies. Event management involves identifying and understanding the target audience, developing the theme of the event, communicating and promoting the concept, coordinating technical parameters, projecting the cost, successfully conducting the event, and more.

    What Does an MBA in Event Management Course Teach?

    The MBA courses in Event Management provide knowledge of the following fields:

    Event Logistics

    Event Coordination

    Event Accounting

    Public Relations

    Marketing Management

    Advertising

    Brand Management

    Customer Service

    Catering

    Logistics

    Décor

    Glamour Identity

    Study of Law and Licenses

    Study of Law and Licenses

    Media Management

    Celebrity Management

    Crowd Management

    Security and Safety Management

    Insurance and Risk management

    Interpersonal skills

    Team building and leadership skills

    Skills Required for MBA in Event Management

    Students who wish to build a great career in the field of Event Management must have the following skills.

    • Basics of PR

    • Corporate communication

    • Organizational behaviors

    • Event production process

    • IT and computer education

    • Event planning

    Top Colleges Offering MBA in Event Management

    Some of the top institutes for an MBA in Event Management are:

    S.No.

    Top MBA Colleges in Event Management

    Location

    1

    National Institute of Event Management

    Mumbai

    2

    Institute of Integrated Marketing Communication and Management

    Delhi

    3

    Parul University

    Vadodara

    4

    MRU Faridabad

    Faridabad

    5

    Amity Institute of Event Management

    Noida

    6

    National Academy of Event Management and Development

    Noida

    7

    SAGE University

    Indore

    8

    NIMS University

    Jaipur

    Career Options After MBA in Event Management

    Students can find career options in the following sectors after doing MBA in Event Management:

    Event Planner

    Business Development Manager

    Public Relations Specialist

    Wedding Planner

    Operations Manager

    Client Servicing Manager

    Brand Manager

    Artist Manager

    Corporate Communications Specialist

    Annual Salary Package After MBA in Event Management

    The salary package after doing MBA in Event Management depends upon one’s designation in an organization. It can vary from INR 2,000 per day to more than INR 3,00,000 per event.

    Top Recruiters for MBA in Event Management

    The top employers for MBA in Event Management are:

    • Wizcraft
    • DNA Entertainment Networks
    • Percept D Mark

    Other Popular MBA Specializations List in India

    Apart from the above-mentioned MBA course list and details, students can also specialize in the following areas of Management:

    MBA in Banking and Insurance

    MBA in Project Management

    MBA in Digital Marketing

    MBA in International Business

    MBA in Accounting

    MBA in Pharmaceutical Management

    MBA in Entrepreneurship

    MBA in Travel and Tourism Management

    MBA in Communication Management

    MBA in Biotechnology

    MBA in Business Economics

    MBA in Sales Management

    MBA in Fashion Designing

    MBA in Data Analytics

    MBA in Aviation Management

    MBA in Hospital Administration

    MBA in Hotel Management

    MBA in Safety Management

    MBA in Sports Management

    MBA in Tourism Management

    MBA in Retail Management

    MBA in Hospitality Management

    MBA in Corporate Social Responsibility

    MBA in Disaster Management

    MBA in Biotechnology Management

    MBA in Petroleum and Oil Gas Management

    MBA in Environmental Management

    How to Choose MBA Specializations?

    Because of the pool of MBA specializations to choose from, students often get confused about which one to choose. We have mentioned below the helpful factors while finalizing the one out of the MBA specializations list.

    • Scope: Students should choose from MBA course list that provides a wider number of scopes so that they have several career options after they complete their MBA.
    • Duration: Students often tend to get confused between MBA and PGDM. Most of the time, this leads them into compromising their time. Check out the difference between MBA and PGDM to have a clearer understanding of the same.
    • Reputation of the Institute: It is always advisable to go for the institutes or colleges that are known for the MBA specializations a student is interested in. If possible candidates must also check the ranking of the institute by various ranking agencies, such as NIRF, Time B School, Outlook, etc. 
    • Pedagogy: Students should prefer the institutes that provide highly skilled faculty for the MBA specializations of their interest.
    • ROI: Students must get if not more than at least twice the investment made in the program. So, one must go for MBA specializations that ensure a high return on investment.
    Also ReadFactors to Consider Before Choosing MBA Specializations

    Types of MBA Courses

    The most popular in the MBA courses list is the full-time 2-year program offered at almost every top management college or institution. Also, specialized executive MBA courses of short duration are now being pursued by aspirants to acquire relevant managerial skills. Find out the popularly opted MBA course list and details below.

    Type of MBA Course

    Details

    Full-Time MBA (2 years)

    It is the most commonly opted MBA program. The duration is of 2 years. These can be further categorized into three:

    • Specialized MBA in One Function: Many IIMs and top B schools offer specialized MBA. For example. MBA in HR offered by XLRI, IIM Indore, MBA in Finance offered by IIM Kozhikode, etc.

    • Specialized MBA in One Industry: For example MBA in Insurance by BIMTECH, MBA in Banking & Financial Services by IMI, etc.

    • Specialized MBA on Special Interest: For example, MBA in Family Business Management offered by EDII Ahmedabad

    Full-Time Specialized MBA /Post Graduate Certificate Program (1 Year)

    1-year full-time Specialized MBA program is offered by top B schools such as MBA in Business Analytics at Great Lakes and MBA in Public Policy at IIM Bangalore.

    Executive MBA (15-18 Months)

    Executive MBA/Certificate Programmes are offered by IIMs and top b-schools like PGDM Data Science at NMIMS Bengaluru, M.Sc Business Analytics by BITS Pilani, etc.


    If you have any doubts regarding the MBA course list and details provided here, then you can ask them in our Q&A Zone. To apply to MBA colleges offering various specializations, you can fill out our Common Application Form. For all admission-related inquiries, you can contact our student helpline at 1800-572-9877.

      Related Articles:

      5 MBA Specializations to Pursue After Engineering

      Direct MBA Admission Without Entrance Exam

      List of Non-IIM MBA Colleges to Apply to Before and After CAT 2022 Exam

      Distance MBA in India: Top Distance MBA Colleges, Courses & Fees

      Documents Required for MBA Admissions

      MBA Fees in India: Check Fees of Top MBA Colleges in India


      FAQs

      How many MBA specializations are offered in India?

      More than 60-70 MBA specializations are offered in India. However, of these, around 30 are the most popular ones. These specializations range from the most popular and common ones like Human Resource Management, Operations Management, Financial Accounting, and Marketing, to some of the most unique directions like Fashion Management, Agri-Business Management, and Luxury Brand Management.

      Is specialized MBA better vs regular MBA?

      A specialized MBA is a better choice for a candidate who has decided which sector he wishes to join and has some work experience in that sector. This is because it provides more specific knowledge of a particular field and hence makes a candidate an expert in a particular sector. Candidates who have a specialized MBA degree may be preferred for certain roles.

      Which are the most popular MBA specializations offered in India?

      Some of the most popular MBA specializations include Finance, Marketing, HR, IT, Operations, etc. These are well-established fields with a robust job market and prospects of high salaries in top organizations. These MBA specializations are offered by the majority of business schools in India, and also transition to some of the highest-paying job opportunities in the Indian market.

      What are some new and upcoming MBA specializations in India?

      Some new MBA specializations that are currently trending and have a good scope in the future include Digital Marketing, Data Analytics, Business Analytics, Logistics and Supply Chain Management, etc. These MBA specializations have managed to make a name and market for themselves in a very short time based on their relevancy to the current market conditions.

      Which MBA specializations are lesser-known in India?

      The MBA specializations that are lesser-known in India include MBA in NGO Management, MBA in Luxury Brand Management, MBA in Real Estate Management, MBA in Rural Management, and MBA in Public Policy Management. These MBA courses are rarely offered as programs, however, you will find that the market for these is also similarly enriched as the popular specializations.

      Which are the highest-paying MBA specializations in India?

      The highest-paying MBA specializations in India include Finance, Entrepreneurship, Marketing, and Operations. The relevancy of these specializations is not dependent on the sector or industry. They are required processes of every organization, irrespective of their constituency.

      What is MBA in dual specialization?

      MBA in Dual specialization is a two-year course in which students are given the knowledge and expertise of two fields. They are highly specialized and demanding courses, but you can expect to earn a lot of knowledge and expertise for the employment transition. While the salary offered is not double the general offers, it does exceed the benchmark of probability and becomes an indeed high income.

      Do MBA specializations help with better job prospects?

      Yes, MBA specializations do help with better job prospects. The specializations help you to apply for job profiles strictly relevant to your area of skill and expertise. Since you have core relevant knowledge you are offered high remuneration in return for your special and highly skilled services.

      Is it possible to study MBA specializations while doing a general MBA?

      Yes, it is possible to study MBA specializations while doing general MBA courses. You can do this by either choosing elective courses as varying specializations or opting for an MBA Dual Specialisation. The differential knowledge would help you in landing better job opportunities than your peers.

      Is there any difference between MBA elective courses offered in MBA specializations?

      Yes, there is a difference between MBA elective courses offered in MBA specializations. Not only do they differ from general MBA courses, whose electives are simply brief studies of specializations, but they also differ from each other as well. The elective courses of MBA specializations are designed to venture microscopically into relevant concepts rather than other specialization studies.

      Is there any difference between the pedagogy of general MBA and MBA specializations?

      The pedagogy of general MBA and MBA specializations is bound to differ as they are aimed toward different fields of knowledge and study. Yet the basic framework remains the same. The course curriculums of all MBA specializations and general MBA courses are designed to study the theoretical principles, theories, and dictums, relate them in practical senses, and incorporate real environment practices and simulation to understand their application. The environment and core course structure differ according to the subjects.

      Which is the hardest MBA specialization?

      Each of the MBA specializations has its quirks and designs, however, among all Operations Management has been named as the most difficult of the MBA specializations. The reason is that the field aims to handle the core functioning of any organization. It seeks to oversee and manage the very constituency and operations on which an organization is established, making it a highly complex field of study.

      Which MBA specialization is the most in demand?

      The MBA specialization which is the most in-demand is not one as it can be related to similar organizational aims. The most in-demand specializations transition to the handling of basic and expansion business operations, such as Operations Management, General Management, Human Resource Management, International Business, Strategy Management, Marketing, and Financial Management.

      Which MBA specialization is best in India?

      There is no particular best MBA specialization in India. The relevancy of the specialization is highly dependent on your personal and professional goals. Yet, certain MBA courses are set to benefit you more than their fraternizing specializations. These include big data-related courses, like Digital Marketing, Data Analytics, and Information Technology, and basic business management, like Finance, Operations, HR, Strategy, etc.

      How do I choose an MBA specialization?

      When choosing an MBA specialization, there are several factors that you must consider. These include the scope of the course, its relevance to your academic background and career goals, salary and job opportunities after the course, the course fee, and the reputation of the colleges offering the course. It is important to do your research on why you want to pursue an MBA course to enjoy its benefits.

      Is there a difference between the eligibility of specialized MBA and regular MBA course?

      No, specialized MBA and regular MBA have common eligibility criteria. Both are open for graduates having at least 50% aggregate marks. However, since MBA selection is subjective, candidates having a particular academic background or work experience may be preferred for certain courses.

      Does specialized MBA have a higher fee than regular MBA courses?

      The affiliated universities offering the MBA degree define the fee structure of MBA courses. There is no general trend in the fee structures of specialized MBA vs regular MBA. However, the fees may be higher for some rare specializations for which knowledge or resources are not readily available.

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