Which MBA specialisation should I opt for? Which course can fetch a decent MBA placement? How to make a right career choice? If these are the questions that are troubling you right now, then you have landed on the right page.
Selecting the right MBA specialization is pertinent for the success of MBA aspirants not only during the course of completing their MBA but also during the professional career post that which they will embark on. However, with a myriad of MBA specialisation options offered by the business schools in the country, one tends to get confused on making a wise decision.
But, don’t you worry! To enable you to make an informed choice, here we have curated a list of top 5 MBA specialisations that you can choose from based on where your interest lies in.
- MBA in Finance
This tops the list as undoubtedly, MBA in Finance is the most preferred specialization for a majority of MBA aspirants in India. For business students who prefer to focus on finance, a specialized MBA in Finance could be a great choice. Many high-level bankers, financial controllers, chief financial officers, and finance managers are all specialized in finance. You’ll study statistics, analytics, accounting, and more. With more experience, you can also look at climbing the ladder to occupy key executive position such as a CFO.
- MBA in Marketing
Next in line is MBA in Marketing. This is another most in-demand specialisation option for MBA aspirants and management students in India. If marketing and advertising are more your style, consider a specialized MBA in Marketing. In this course, you will get an opportunity to gain knowledge on how to promote products and services, design and execute marketing campaigns, and communicate with customers—skills that can be applied across marketing and sales roles at B2C and B2B companies. Marketing, per se, is a dynamic and competitive field in which people act as a bridge between the organization and the end-user. Importantly, it offers fast-paced career growth coupled with handsome pay packages.
- MBA in Operations
MBA in Operations comes third in the list and if you love processes and organization, MBA in Operations is the ideal option for you. A specialized MBA in Operations Management focuses on planning, organizing, and managing production to maximize efficiency. If you’re interested in supply chain management or logistics, consider this specialty. Operations management deals with the development of business processes and an environment that can aid in the smooth functioning of companies. With more experience, you can also look at climbing the ladder to occupy key executive positions such as Chief Operating Officers (COOs) and General Managers.
- MBA in IT
In today’s digital era, a specialized MBA in IT or Technology Management puts MBA graduates at the cutting edge of UX, design, and the flow of information technology. If you want to manage how data moves within companies, between them, and into the world, consider this specialty. Many MNCs, as well as reputed technology firms, seek management graduates with IT specialization for dynamic profiles such as technical consultants, business development managers, systems analysts, and so on. Why to choose MBA in IT? Well, after gaining relevant experience in the industry, you can also target high-paying jobs such as Chief Information Officer (CIO) or Chief Technology Officer (CTO).
- MBA in Human Resource Management
And here comes MBA in HR or Human Resources, which is quite a popular MBA specialization option among the Indian students. If you are someone who has the knack to handle difficult situations and have problem-solving skills, then this course is for you. During the course, you will learn everything from recruitment and selection of talent to payroll and compensation management as well as training, development, job analysis and so on. Well, HR managers are required in almost every organization – so it opens up multiple job opportunties for you.