- Best MBA Specializations in India: Highlights
- MBA in Finance
- MBA in Human Resource Management (HR)
- MBA in Information Technology (IT)
- MBA in Marketing Management
- MBA in Operations Management
- MBA in Business Analytics
- MBA in Logistics and Supply Chain Management
- MBA in Business Management
- MBA in Rural Management
- MBA in Healthcare and Hospital Management
- MBA in Event Management
- Other Popular MBA Specializations in India
- How to Choose MBA Specialization
- Types of MBA Courses
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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. But those who want to boost their professional careers, even more, can do so by earning a specialized MBA, in a dedicated area of business.
There are a number of MBA specializations available in India that one can go for depending on one's interest. While some MBA specializations focus on core subjects included in the MBA curriculum, some offer industry-specific electives and practical learning opportunities. Many top business schools in India offer various specialized MBA courses like MBA in Finance, MBA in Business Analytics, MBA in Marketing, and more. Candidates seeking admission into MBA specializations in IIM or any other colleges can take management entrance exams like Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), and more.
Meanwhile, CAT 2022 test-takers will be able to download the CAT 2022 Question Paper for Slot 1, Slot 2, and Slot 3, including the CAT exam analysis 2022, CAT 2022 answer key, and know about the CAT cutoff 2022 for IIMs from the links below. Candidates can also get access to the memory-based questions that will be made accessible in a PDF format.
|CAT Question Paper 2022||CAT Exam Analysis 2022|
|CAT Answer Key 2022 (Released)||CAT Cutoff 2022 for IIMs|
The decision to choose an MBA course in a specialized area should be made thoughtfully considering the investment you are putting into your management education. To help you pick the right choice, we have provided here the MBA courses list or MBA specializations list in India with all the necessary details, like syllabus, top colleges, career scope, top recruiters, average salaries, top job opportunities, and more.
Best MBA Specializations in India: Highlights
Students who want to enroll in the MBA courses (whether full-time or executive) can opt for one of the following List of MBA specializations in demand in India:
Salary Range (Per Annum)
INR 4 to 20 Lakh
INR 8 to 12 Lakh
INR 8 to 13 Lakh
INR 3.5 to 10 Lakh
INR 3 - 20 Lakh
INR 6 to 10 Lakh
INR 6 to 14 Lakh
INR 4 to 9 Lakh
INR 3 to 12 Lakh
INR 4 to 12 Lakh
INR 4.5 to 15 Lakh
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 or MBA courses list 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 specialization 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 as an MBA specialization have to study the topics mentioned in the table.
Accounting for Managers
Quantitative Methods for Management
|Managerial Economics||Organizational Behavior|
Marketing Concepts and Practice
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
Top MBA Colleges in Finance
Top MBA Finance colleges that offer the best combination of academic and practical aspects of the MBA specialization 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|
|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 MBA specialization in Finance will have the following career options in front of them after the program completion.
|Credit Risk Management|
|Hedge Fund Management|
Skills Required for MBA in Finance
There are a certain set of skills that one must possess to excel in the field of MBA in Finance. The skills that students going for an 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
MBA in Human Resource Management (HR)
If you go for an MBA specialization in HR Management, it will equip you with all these 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 Human Resource Management as an MBA specialization will be studying the following courses 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 an MBA specialization 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|
|6||Faculty Of Management Studies (FMS)- University of Delhi||Delhi|
|8||Indian Institute of Management (IIM) Ranchi||Ranchi|
|9||Management Development Institute||Murshidabad|
|11||University of Petroleum & Energy Studies (UPES)||Dehradun|
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.
Training and Development Coordinator or Manager
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 an MBA in HR Management and plan to build a career in this MBA specialization should have the following skills.
- Leadership Skills
- Communication Skills
- People Management
- Strategic Thinking
- Adaptability to Change
- Human Capital Development Skills
Annual Salary Package After MBA in HR Management
A student who opts for an 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:
- 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 specialization 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.
What Does an IT Management Course Teach?
The MBA in Information Technology Management syllabus comprises the following topics.
Enterprise Business Applications of IT
IT Strategic Planning
IT Outsourcing Strategy and Operations
IT Consulting and Advisory Practice
IT Project Management
Emerging Platforms and Services
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|
|2||Balaji Institute of Modern Management||Pune|
|3||Lloyd Busines School||Greater Noida|
|4||ASM Group of Institutions||Pune|
|6||Symbiosis Centre for Information Technology||Pune|
|8||Bharatiya Vidya Bhavan Institute Of Management Science (BIMS)||Kolkata|
|9||Chandigarh Group of Colleges (CGC)||Landran|
|11||Chandigarh University (CU)||Chandigarh|
Career Options After MBA in IT
Students can explore the career options stated in the fields below.
Information System Manager
Product and Corporate Marketing
Business Development Manager
Strategy and Planning
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 MBA students in IT are:
- 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 course is 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 syllabus for MBA in Marketing Management.
Sales Force Management
Sales Promotion Management
Product and Brand Management
Advanced Research Techniques in Marketing
Marketing Communications Management
Customer Relationship Marketing
Skills Required for MBA in Marketing Management
The skills required for this MBA specialization are:
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|
|8||Suresh Gyan Vihar University (SVGU)||Jaipur|
|9||Poddar Group of Institutions||Jaipur|
Career After MBA in Marketing Management
Students can get job roles in the area like:
Market Research Analyst
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 Specialization in Marketing Management
The top recruiters for the MBA specialization are:
Tata Consultancy Services
- Cognizant Technology
Also Read: MBA 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. An 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 curriculum.
Enterprise Resource Planning
Financial Accounting and Management
Supply Chain Management
Technology and Innovation Management
Information Technology & Systems Management
Top MBA Colleges in Operations Management
The top colleges for MBA specialization 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|
|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|
|10||Narayana Business School (NBS)||Ahmedabad|
Career Options After MBA in Operations Management
Students can build a career in the following sectors:
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.
What does the MBA Specialization in Business Analytics course teach?
The following subjects are included in the syllabus of the MBA in Business Analytics course.
Big Data Analytics
Top MBA Colleges in Business Analytics
Check out the top MBA colleges offering Business Analytics programme in India:
|S. No||Top MBA Colleges in Business Analytics||Location|
|1||Manav Rachna University||Delhi NCR|
|3||Galgotias Business School||Greater Noida|
|6||Christ University Institute of Management||Bangalore|
|9||Versatile Business School||Chennai|
|10||International Institute of Business Studies||Bangalore|
Career Options after MBA in Business Analytics
Here are some available career options that any MBA in Business Analytics can start in:
Market Research Analyst
Data Mining Expert
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 in Logistics and Supply Chain Management.
What Does an MBA in Logistics and Supply Chain Management Teach?
The following table shows the topics included in the MBA in Logistics and Supply Chain Management syllabus.
Economics and Management Decisions
Operations and Materials Management
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
Business Process Re-Engineering
Supplier Relationship Management
Supply Chain Modeling and Design
Supply Chain Simulation
|Global Supply Chain 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 Logistic Management as an MBA specialization.
Ability to see the big picture
Effective problem-solving skills
Calm under pressure
Top Colleges Offering MBA Logistics and Supply Chain Management
Here is the list of high-ranked colleges offering MBA in Logistics and Supply Chain Management.
|S.No.||Top MBA Colleges in Logistics and Supply Chain Management||Location|
|5||Lovely Professional University (LPU)||Phagwara|
|6||Amity Business School||Noida|
|8||BML Munjal University||Gurgaon|
|9||Mansarovar Global University||Bhopal|
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:
Apparel and Lifestyle
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
Sales Order Planner
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 specialization are:
- Blue Dart
- First Flight
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 course essentially teaches 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 syllabus for MBA in Business Management.
Decision Models and Optimization
Human Resource Management
Management Information Systems
Skills Required for MBA in Business Management
The skills required are:
Adaptability to change
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|
|5||Indian Institute of Management Calcutta||Kolkata|
|6||Xavier Labour Relations Institute||Delhi|
|7||Indian Institute of Management Indore||Indore|
Career After MBA in Business Management
Students can find jobs after MBA in Business Management as the following:
Business Development Manager
Real Estate Consultant
Supply Chain Manager
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 Specialization in Business Management
The top recruiters are:
Also Read: MBA 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. The aspirants of this field 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 topics that are taught in the MBA Rural Management course are:
Economic Analysis for Rural Management
Rural Society and Polity
Rural Livelihood and Research Methods
Development Theories and Practices
Natural Resources and Sustainability
Corporate Social Responsibility
E-business for Rural Enterprises
Skills Required for MBA in Rural Management
Students pursuing MBA in Rural Management must hold the following skills to achieve greater heights.
Ability to work with clients with diverse interests
Knowledge of local languages
Ability to handle masses
Top Colleges Offering MBA in Rural Management
Some of the top institutes for Rural Management as an MBA Specialization are:
|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|
|5||Xavier Institute of Social Service (XISS)||Ranchi|
Career Options After MBA in Rural Management
Students can get placed in the following organizations after completing MBA in Rural Management.
Government-owned or Sponsored Rural Development Projects
National or International NGOs.
Students can also look for the following fields as they can find great options here.
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 may appeal to 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 in Healthcare and Hospital Management deals with the following topics.
Health Service Management
Planning of Healthcare Institution
Financial and Cost Accounting for Hospitals
Human Resource Management
Operations and Services Management
Medical Emergency Systems
Medical Ethics Quality 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:
Top Colleges Offering MBA in Healthcare and Hospital Management
Some of the popular colleges offering MBA 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|
|5||Indus University (IU)||Ahmedabad|
|6||Institute of Health Management||Bangalore|
|8||IBMR IBS Bangalore||Bangalore|
Career Options in Healthcare and Hospital Management:
Students can find jobs in the following areas after doing MBA in Healthcare and Hospital Management.
Human Resource Development
Students can also get Job posts like:
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
Health Trail Portal
- IMS Health
MBA in Event Management
The study of Event Management means gaining a set of skills to be used 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 course in Event Management gives me knowledge of the following fields.
Study of Law and Licenses
Study of Law and Licenses
Security and Safety Management
Insurance and Risk management
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
Event production process
IT and computer education
Top Colleges Offering MBA in Event Management
Some of the top institutes for an MBA specialization in Event Management are:
|S.No.||Top MBA Colleges in Event Management||Location|
|1||National Institute of Event Management||Mumbai|
|5||Amity Institute of Event Management||Noida|
Career Options After MBA in Event Management
Students can find career options in the following sectors after doing Event Management as an MBA specialization:
Business Development Manager
Public Relations Specialist
Client Servicing 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:
- DNA Entertainment Networks
- Percept D Mark
Other Popular MBA Specializations in IndiaApart from the above-mentioned MBA specializations, students can also specialize in the following areas of Management:
How to Choose MBA Specialization
There are a variety of MBA specializations in India. Because of the pool of MBA specializations to choose from, students often get confused about how to choose an MBA specialization. We have mentioned below the factors that are proved helpful while finalizing a specialization in MBA.
- Scopes of the MBA specialization: Students should choose from the specializations that provide a wider number of scopes so that they have several career options after they complete their MBA.
- Program length: 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.
- The reputation of the Institute for the preferred MBA specialization: It is always advisable to go for the institutes or colleges that are known for the MBA specialization 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.
- Faculty for the preferred MBA specialization: Students should prefer the institutes that provide highly skilled faculty for the MBA specialization of their interest.
- ROI of the MBA specialization: Students must get if not more than at least twice the investment made in the program. So, one must go for the MBA specialization that ensures a high return on investment.
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 courses listed 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:
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 specializations offered by management colleges in India, 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.