MBA is a very dynamic field and keeping the requirements of different industries in mind, different MBA specialisations have been introduced. Find out about new MBA specialisations within the industry and their scope.
MBA is a very dynamic field and the requirement of managers changes with the fields. Different businesses have emerged in the past few years and with this, the qualification requirement has also changed. Managers who are competent and well-versed with the most recent business dynamics are required in the industry across all sectors.
In light of the above, different MBA specialisations have been introduced in many MBA colleges in India. These specialisations are industry-specific and their aim is to prepare the aspirants for the upcoming challenges of the industry so that they will go on to become decision enablers. This article covers such new specialisations within the industry and their scope.
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List of Emerging MBA Specialisations in India
Here are some of the Emerging Specialisations in MBA.
Name of the Course | Popular Area of Study | Job Opportunities | Salary (Fresher) | Top Colleges |
|---|---|---|---|---|
MBA in Liberal Arts |
| MBA in Liberal Arts provides a birds-eye view of socio-political contexts thus expanding the overall understanding of a student. Students can find job opportunities in the areas related to political management, social development project, policy building etc. | -- | |
| There are various job opportunities after this course in construction management domain, infrastructure finance, real estate finance and investment business. | Rs. 3.5 lakh to Rs. 6 lakh p.a. | See All MBA Infrastructure and Real Estate Management Colleges in India | |
| Since Industrial Management is a broad field, you can choose a field of your preference within which you want to work. Some of the domains where jobs are available are electronics, automobile, plastic, pharmaceuticals, chemical, printing, etc. | Rs. 4 lakh to Rs. 8 lakh p.a. |
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| Jobs after pursuing this course are available in power generation sector, oil marketing & exploration, energy sector consulting, power transmission and other similar fields | Rs. 4.5 lakh to Rs. 12 lakh p.a. |
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| India is an agriculture and farming based economy and despite the rapid urbanisation, there are various job options in this field after completing graduation. Farm management and dairy management opportunities are offered by the government as well. | Rs. 3 lakh to Rs. 4.5 lakh p.a. |
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MBA in Energy Management |
| After pursuing this programme, you can pursue jobs in power transmission, manufacturing, finance, power generation, the energy sector, consulting services and NGOs. | Rs. 3.5 lakh to Rs. 5 lakh p.a. | |
| Every brand requires individuals who can devote themselves in consumer and product research in order to help the brands improve business. Jobs after this course are also available with consultancies. | Rs. 3.5 lakh to Rs. 5.5 lakh p.a. | ||
MBA in Facility Management |
| As a facility manager, you will have options in manufacturing units, production plants, warehouses, etc. You will be required to manage the resources and facilities of the respective site. | Rs. 4.5 lakh to Rs. 6.5 lakh p.a. | -- |
| There are majorly four fields where you can look for jobs after completing this course. These are process, software, function and architecture. You can work with industries that require individuals to boost business efficiency. | Rs. 3.5 lakh to Rs. 6.5 lakh p.a. | -- | |
MBA in Tea Management |
| After pursuing this course, you can pursue a career in tea tasting, plantation management, consulting, branding, auctioning and marketing. Jobs are also available in the field of tea brokering and research profiles within the industry. | Rs. 3.5 lakh to Rs. 4.5 lakh p.a. |
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Also Read:Planning to Join a Start-up after MBA? Consider these Pros & Cons
Salary Packages of Emerging MBA Specializations
Salary packages after this course will vary from organisation to organisation. Usually, MNCs pay better packages than start-ups and other organisations. Also, since these specialisations have just been introduced in India, getting a package of more than Rs. 5 lakh per annum at the starting of your career will be difficult.
Emerging MBA Colleges in India
Given below are some of the MBA colleges in India that are well-known in their region but have overall lesser popularity than many top MBA colleges. These colleges offer the advantage of low MBA fee and easy admissions. Check these out in the table below.
| College | Location | Fee (approx. in Rs.) |
|---|---|---|
| Bhai Gurdas Group Of Institutions (BGGI) | Sangrur | 8,50,000 |
| Rayat Bahra University (RBU) | Mohali | 3,00,000 |
| Graphic Era University (GEU) | Dehradun | 4,14,000 - 4,86,000 |
| Rajarambapu Institute of Technology (RIT) | Islampur | 2,08,000 |
| Marwadi University (MU) | Rajkot | 1,20,000 - 2,40,000 |
| Suryadatta Group of Institutes (SGI) | Pune | 5,00,000 |
| BM Group of Institutions (BMGI) | Gurgaon | 1,70,000 |
| Sir Padampat Singhania University (SPSU) | Udaipur | 3,86,000 |
| Indus University (IU) | Ahmedabad | 1,64,000 |
| Genesis Business School (GBS) | Pune | 1,49,000 - 5,90,000 |
Fill our Common Application Form (CAF) and get hassle-free admissions to popular MBA colleges in India. If you want to discuss your requirements, get in touch with our counsellors instantly by calling 18005729877.
Since all these specialisations are highly industry-specific, make sure that you are sure about the courses that you want to pursue before taking admission. If you have any doubts or queries, please ask our experts on the CollegeDekho QNA Zone.
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