The MBA, or Master of Business Administration, is still a very popular option for people looking to further their careers when it comes to postgraduate studies.
The initial phase of the course, which can last up to two years, provides core instruction in business essentials (such as finance, marketing, and human resources) before shifting to a more specialized concentration.
It might be difficult to decide which specialization to concentrate on because your choice will affect your future job goals as well as what you study throughout the rest of your MBA.
How to Choose Your MBA Specialization
It’s crucial to think about your overall goals for your MBA before deciding on your desired concentration. Are you still in school to further your business education or are you utilizing it to further your career?
Consider how to include your academic education into your strategy if you have aspirations for your profession and are ambitious.
Of course, it’s also sage to consider your study’s broader consequences. We are now going through a digital revolution as a result of artificial intelligence and quick technological advancements, so you might want to think about how your job is changing.
What are the effects of automation on human resource professionals, and may thus have an immediate or long-term influence on how far your career progresses? In a similar vein, how would blockchain affect your education if you have expertise in finance?
You might also want to think about your pay and employment prospects. Though it’s not advisable, it is a legitimate factor to take into account when deciding on a specialization.
For instance, people who choose to focus on entrepreneurship or business strategy may find themselves at a competitive advantage during a period of transition, while those who have opted to study corporate economics or finance may have better longevity as a result of their MBA certificate.
It’s crucial to take into account your own pleasure and interest levels. Making the decision to pursue an MBA is a serious one, and if you’re spending your time and money on education, you need to be sure that you’ll stay motivated throughout the whole program.
Eligibility Criteria to do MBA Courses in India?
A three-year degree with at least 50% of the total earned in any stream is the baseline admission requirement for all types of MBA programs. However, certain elite institutions, like IIM and IIT, need a 60 percent overall average. The necessary percentage is relaxed by 5% for students in restricted groups like OBC, SC, and ST.
MBA Programs Types
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MBA full-time (1-2 years)
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Part-time (2+ years)
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Executive MBA (1-2 years)
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Online MBA (2+ years)
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Distance Education (2-5 years)
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5-year-integrated MBA (includes UG and PG degree )
MBA Entrance Exams for Admission
Leading business schools like the IIMs use the CAT to determine admission. The top entrance tests for MBA admissions include the CAT, XAT, IIFT, NMAT, SNAP, TISSNET, CMAT, MAT, IBSAT, ATMA, KIITEE, MICAT, IBSAT, TS ICET, and GMAT.
MBA Specializations
Numerous specialties are available in MBA programs, including Business Analytics, Entrepreneurship, Finance, Human Resources, Marketing, and Health Care Management. Business management, operations management, logistics management, and supply chain management. Agribusiness, retail management, systems management, international business, and MBA information technology are just a few examples.
Let us now look at the best MBA specializations for 2022
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Top MBA Specializations |
Salary in India |
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Estimated Rs 3.5 lakhs to Rs 30.0 lakhs |
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Estimated Rs 3.0 lakhs to Rs 18.0 lakhs |
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Estimated Rs 2.4 Lakhs to 23.0 lakhs |
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Estimated Rs 2.4 Lakhs to Rs 23.0 lakhs |
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Estimated Rs 7.9 lakhs to 12 lakhs |
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Estimated Rs 03 lakhs to 10 lakhs |
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MBA in Business Analytics |
Estimated Rs 3.0 lakhs to Rs 15.0 lakhs |
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Estimated Rs 12 lakhs to 13 lakhs |
1. MBA in Finance:
Students who enroll in the MBA in Finance course receive in-depth training on the many sides of finance, including management, control, and evaluation of resource collection, investment, and management. A two-year postgraduate degree in finance called an MBA equips students for a range of managerial positions in the industry. The administration and control of a company’s financial resources are the subjects of several financial specialties. Whether a candidate has prior financial expertise or not, the Master of Business Administration (MBA) in Finance program provides a wide range of prospects. Finance is the study and system of money, stocks, and other financial items.
Eligibility
The qualifying requirements for the MBA in Finance are comparable to those for other MBA programs. Candidates are taught about general subjects in the first year, and specialized subjects in the second year. The majority of B-Schools base their admission decisions on the results of the entrance tests. Some provide admittance based on merit.
- A BBA, BA, B.Sc, B.Com, or BCA from an accredited university in any relevant discipline, with a minimum average of 50%, is required for admission to the MBA Finance program.
- Depending on the B-School selection, candidates must take a variety of national, state, and university-level entrance tests.
- No age limitations apply to the MBA in Finance program.
- Although it is not necessary, job experience is strongly advised.
2. MBA in HR:
The 2-year MBA in Human Resource Management program is open to anybody having a bachelor’s degree in any subject. Numerous prestigious B-schools in India offer this 2-year MBA program. The MBA program in human resource management seeks to give students training and understanding in business management-related fields. Every company has its own set of values and standards, as is widely known.
The focus of an MBA in Human Resource Management is on finding and managing the best candidates for open positions. Top MBA in HR schools admit students based on their performance on competitive MBA entrance examinations like the CAT and MAT. Strong communicators who are familiar with the workings of organizations can consider pursuing an MBA in human resources. We’ll talk about the pay for an MBA in human resource management in India, the field of study, and the MBA in human resources courses in this post.
Eligibility Criteria
The majority of the time, all institutions have the same requirements for admission to an MBA in HR program. Candidates should carefully review the qualifying conditions prior to applying for admission to reputable MBA HR programs. Before applying for an MBA in Human Resources Management, students should review the qualifying requirements.
Before applying, MBA students who are interested in enrolling in reputable HR institutions in India should carefully review the qualifying requirements. They will be able to escape rejection if they do this. The following are the typical requirements for admission to an MBA program in human resource management:
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Aspiring students must take one of the entrance exams, such as the CAT, XAT, GMAT, SNAP, NMAT, or CMAT, in order to be considered for admission to the MBA in HR program.
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Candidates must successfully pass the entrance exams with the necessary cutoff set by the university’s admissions conducting office.
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Candidates must have finished their bachelor’s degree in any subject or be in their last year of graduation in order to apply for admission to the MBA in Human Resource Management. The BBA, B.Tech., and B.Com bachelor’s degrees are a few of the often chosen options.
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Students must have it since several business schools additionally need relevant job experience of around one year.
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Candidates who have been selected for the GD-PI procedure must pass both phases to be placed on the merit list.
3. MBA in Marketing Management:
Marketing management describes the tactics, resources, and studies used to promote a business. In India, an MBA in marketing management is a two-year postgraduate program. In the realm of marketing, it is one of the most popular course specialties. The students are taught the most complex ideas in marketing, such as advertising, customer behavior, and digital marketing. A recognized university bachelor’s degree and a strong interest in the sector are prerequisites for enrolling in the course. It is one of the MBA degree concentrations.
Highlights-
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Particulars |
Values |
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Degree Name |
MBA in Marketing Management |
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Degree Type |
Postgraduate |
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Degree Duration |
2 years |
| Semesters | 4 |
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Entrance Exams |
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Eligibility Criteria |
Graduation in any discipline with 50% marks |
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Admission process |
Entrance Exam |
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Fees for the entire duration |
Rs. 3 lakh – Rs 10 Lakh |
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Average Salary |
Rs. 2 lakh – Rs 8 Lakh |
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Job profiles |
Sales Manager, Product Manager, Brand Manager, Marketing Executive, Digital Marketing Executive |
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Top recruiters |
NTPC, Citibank, ITC, Vodafone, Larsen & Toubro, Nestle, Flipkart, Microsoft, Amazon, Wipro |
4. MBA in International Business:
A two-year postgraduate degree program specializing in global business management is known as the Master of Business Administration or MBA in International Business. The degree program covers a variety of business topics from an international perspective, including general management, marketing, finance, operations, logistics, and supply chain management. Students who get an MBA in International Business have the opportunity to work with companies both domestically and abroad, experiencing a variety of dynamics at various levels.
Candidates with a variety of backgrounds, including those in the fashion sector, IT, finance, marketing, journalism, luxury and retail, and finance, might opt to pursue an MBA in international business. An entrance exam, a discussion in a group setting, and a personal interview make up the screening procedure for admission to master’s programs in international business. Graduates of this degree program are well-equipped with both a theoretical and practical grasp of international business, and they find outstanding prospects in a number of industries.
Eligibility Criteria
Varying institutions have different requirements for those looking to pursue an MBA in international business. An MBA IB degree program is open to students from all academic backgrounds. The best MBA institutions in India offer admission through a variety of entrance tests for the MBA program, including the CAT, XAT, GMAT, SNAP, NMAT, and CMAT. Students must be graduates or in their last year of graduation to be eligible for admission to MBA IB at Top MBA Colleges in India. They must also meet the conditions listed below.
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Students must achieve the requisite cutoff on the institute-specified admission exam.
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Students must have earned a bachelor’s degree in any area or be nearing graduation with a minimum cumulative GPA of 60%. The BBA, B.Tech, and B.Com bachelor’s degree programs are a few of the well-known ones.
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Some institutions additionally demand that 30 to 40 percent of the batch have a minimum of one year’s worth of job experience.
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To get admitted, students must be eligible for group discussions and individual interviews as well as make the merit list.
6. MBA IT
The management of information technology is the focus of the two-year full-time MBA in information technology (MBA in IT management) program offered in India. The curriculum is divided into four semesters. Students can apply their knowledge of basic management to specialized core competencies such as finance, sales and marketing, account management, human resource, and other various aspects of IT business in this postgraduate program that deals with information technology and computer science businesses. Students who get this degree get the best of both the MBA and IT worlds.
Students are offered a variety of senior executive roles in IT departments or companies after finishing this two-year postgraduate degree (MBA IT) that combines engineering and management studies, such as IT Manager, Product Manager, Business Development Executive, and more. The details of the MBA in information technology course, the MBA in information technology syllabus, the MBA in information technology eligibility, the MBA in information technology scope, the MBA in information technology colleges in India, and the MBA in information technology jobs will all be covered in this article.
MBA IT Course Highlights
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Particulars |
Values |
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Degree Name |
MBA in Information Technology |
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Degree Type |
Postgraduate |
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Degree Duration |
Two years |
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Entrance Exams |
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Eligibility Criteria |
Graduation in IT or a related field |
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Admission process |
Merit-based and entrance test based |
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Cutoff |
– |
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Fees for the entire duration |
Rs. 6 lakh to Rs. 18 lakh for the entire course |
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Average Salary |
Rs. 8 lakh to Rs. 24 lakh per annum |
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Job profiles |
IT Manager, Product Manager, Marketing Manager, Sales Executive, Logistics Manager |
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Top recruiters |
TCS, Wipro, Amazon, Google, Flipkart, Infosys, P Morgan Chase and Co., WNS Global Services, Accenture. |