List of Top 10 MBA Specialisations in 2024: Choose the Best One

Finance is one of the most popular MBA specialisations, 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 Finance will focus on accounting management and control of the Indian capital and money market, banking, privatization, and international finance. Finance is often considered to be one of the top courses from the MBA specialisations list.

What Will You Study in MBA Finance Course?

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

Also Read: Emerging MBA Specialisations in India

Job Scope & Salary 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. Some of the top recruiters for MBA in Finance include:

• Goldman Sachs

• Morgan Stanley

• Merrill Lynch

• JP Morgan

• EY (Ernst & Young)

• Capgemini Consulting

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

Also Read : Which One is Better: MBA in Finance or MBA in Marketing?

2. MBA in Human Resource Management

MBA in Human Resource Management is quite popular in the list of best paying MBA specialisations 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. It is one of those programmes out of the list of top MBA specialisations that teaches 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 particular field of MBA branches.

What Will You Study in MBA in HR Course?

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

Job Scope & Salary After MBA in HR Management

A student who opts for MBA in HR Management from the MBA courses list, mostly bags a salary package of INR 4,50,000 to INR 15,50,000 per annum. Some of the top employers for MBA in HR Management include:

• Randstad

• Kelly Services India

• Mercer India

• Adecco India

• Black and white business solution

• ABC Consultants

• Genius consultant Ltd.

• Career expert

• Talent Mappers

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

3. MBA in Information Technology

IT Management is the management of all information technology resources of a company and is also a popular choice in the MBA specialisations list in India. These resources can comprise computer hardware, software, networks, data, and data center facilities, and also the staff involved. An MBA in Information Technology is one of those MBA fields 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 the MBA courses list and details in the field of IT.

What Will You Study in MBA in IT Course?

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

Job Scope & Salary After MBA in IT

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

• Google

• Facebook

• Qualcomm

• Adobe

• F5 Networks

• Apple

Students pursuing MBA specialisations in IT can explore the career options stated in the fields below. The same can get one an annual salary of INR 7 lakhs to INR 30 lakhs.

4. MBA in Marketing Management

MBA in Marketing in India revolves around matching the needs of consumers to the marketing resources of a company and is the second most popular option out of the list of top MBA specialisations in India. The MBA specialisation in this field is about transforming consumer demands into services or products, which the company can profitably offer, deliver and promote in the marketplace. Marketing is another specialisation that is considered to be one of the best MBA branches in India.

What Will You Study in MBA in Marketing Course?

The following table shows the MBA subjects for Marketing Management specialisations:

Job Scope & Salary After MBA in Marketing Management

Students can earn up to INR 20.43 lakh per annum in the areas related to Marketing Management. The top recruiters for the MBA in Marketing Management are:

• Sony

• Exim

• Ranbaxy

• Spencer's Retail

• KPMG

• Tata Consultancy Services

• Cognizant Technology

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

Also Read : MBA Marketing vs MBA Digital Marketing

5. MBA in Operations Management

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

What Will You Study in MBA in Operations Management Course?

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

Job Scope & Salary After MBA in Operations Management

Students can build a career in the following sectors after MBA in Operations Management. These can fetch them an annual salary as high as INR 25 lakhs.

6. MBA in Business Analytics

An MBA in Business Analytics is a discipline among MBA fields 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. Business Analytics is another one of the best paying MBA specialisations in India.

What Will You Study in MBA in Business Analytics course?

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

Job Scope & Salary after MBA in Business Analytics

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

The above job roles may yield a salary of around INR 6 to INR 20 LPA, depending on varying factors.

Also Read : 10 Best Colleges Offering MBA in Data Science and Business Analytics in 2024

7. MBA in Logistics and Supply Chain Management

MBA in Logistics and Supply Chain 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 and is a popular choice in the MBA specialisations list in India. Companies now need a new kind of supply chain/logistics/operations manager and this need has led to the addition of Logistics and Supply Chain Management to the overall MBA branches.

What Will You Study in MBA in Logistics & Supply Chain Management Course?

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

Job Scope & Salary 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. 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

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

MBA in Logistics and Supply Chain Management graduates can get a position as:

8. 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 and it is a popular choice among the most in-demand MBA specialisations. MBA in Business Management essentially teaches you detailed aspects of finance, sales, marketing, human resources, personnel management, operations, international business, retail management, and more. MBA in Business Management is one of the top emerging MBA fields.

What Will You Study in MBA in Business Management Course?

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

Job Scope & Salary 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. The top recruiters for MBA in Business Management are:

• Amazon

• Deloitte

• Apple

• Facebook

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

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Also Read : MBA in International Business vs MBA in Marketing

9. 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 these MBA fields and it is a popular choice in the MBA courses list. MBA in Rural Development 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 specialisations 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 Will You Study in MBA in Rural Management Course?

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

Job Scope & Salary After MBA in Rural Management

Students can get placed in the following organizations after completing MBA specialisations in Rural Management and expect an annual salary up to INR 15 LPA.

Also Read : Top Jobs after MBA

10. 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 and it is a popular choice in the MBA courses list. An MBA in Healthcare and Hospital Management is a great choice among MBA branches 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 Will You Study in MBA in Healthcare & Hospital Management Course?

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

Job Scope & Salary in Healthcare and Hospital Management

The top employers for an MBA in Healthcare and Hospital Management include:

• Government of India

• WHO

• Health Trail Portal

• IMS Health

Students can find jobs in the following areas after doing MBA in Healthcare and Hospital Management and get a salary of around INR 6 LPA to INR 35 LPA in India.

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

Other Popular MBA Specialisations List in India

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

Which MBA Specialisation is the Best?

Determining the most suitable MBA specialisation depends heavily on one's career objectives, areas of interest, and the current market demand. For individuals aspiring to leadership positions in financial institutions, an MBA in Finance could be a perfect fit, providing valuable insights into financial management, investment strategies, and market analysis. Alternatively, Marketing is a sought-after specialisation, particularly suitable for individuals with a creative inclination, aiming to devise strategies in product development, brand management, and consumer behavior. For technology enthusiasts and those interested in the operational aspects of business, an MBA in Information Technology or Operations Management can provide opportunities in roles such as project management, data analytics, and supply chain management, particularly in our increasingly digital world.

Emerging fields like Sustainability and Healthcare Management are gaining prominence, reflecting the growing significance of environmental considerations and the expanding healthcare sector. These specialisations are tailored for individuals seeking to make a difference in these critical areas, integrating traditional business skills with industry-specific knowledge.

Ultimately, the most suitable MBA specialisation is one that aligns with your career aspirations, strengths, and the sectors you are passionate about. It is also crucial to consider the evolving business landscape and future job market trends to ensure that the chosen specialisation remains relevant and advantageous for your career trajectory.

How to Choose MBA Specialisations?

Candidates must also check out the articles mentioned below related to MBA courses lists and details to know more about MBA specialisations.

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