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

Finance is one of 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 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 among the list of top MBA specializations in India.

What Will You Study in MBA Finance Course?

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

Accounting for Managers	Business Communication	Quantitative Methods for Management
Managerial Economics	Organizational Behavior	Macroeconomics
Marketing Concepts and Practice	Corporate Finance	Strategic Management
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

Also Read: Emerging MBA Specializations 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 specializations in Finance will have the following career options in front of them after the program completion.

Asset Management	Corporate Finance	Corporate Banking
Credit Risk Management	Derivatives Structuring	Hedge Fund Management
Private Equity	Treasury	Sales
Trading	Finance Ministry	Stock Market

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

MBA in Human Resource Management

MBA in Human Resource Management is quite popular in the list of best paying MBA specializations 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 specializations in Human Resource Management will be studying the following MBA subjects 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

Job Scope & Salary After MBA in HR Management

A student who opts for MBA specializations in HR Management 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.

HR Assistant	Technical Recruiter	Training and Development Coordinator or Manager
Payroll Specialist	Human Resources Manager	Employee Relations Manager
Compensation or Benefit Analyst or Manager	HR Information Systems Manager	Labour Relations Manager

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 list of MBA specializations 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 specializations list in India 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.

Enterprise Business Applications of IT	IT Strategic Planning	IT Outsourcing Strategy and Operations
IT Consulting and Advisory Practice	E-Business	IT Project Management
Emerging Platforms and Services	Technology Entrepreneurship	Technology-Enabled Business Model Innovation

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 specialization 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. 

Project Manager	Information System Manager	Consultant
Product and Corporate Marketing	Cross-Platform Communications	Business Development Manager
Strategy and Planning	Product Manager	--

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 specializations 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 specialization that is considered to be one of the best MBA specializations in India.

What Will You Study in MBA in Marketing Course?

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

Consumer Behavior	Advertising Management	Competitive Marketing
Business Marketing	Sales Force Management	Service Marketing
Sales Promotion Management	Product and Brand Management	Internet Marketing
Retailing Management	Marketing Channel	Analytical Marketing
Advanced Research Techniques in Marketing	Marketing Communications Management	Customer Relationship Marketing

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:

Marketing Manager	Brand Manager	Asset Management
Corporate Sales	Market Research Analyst	Sales Management
Media Planning	Product Management	Digital Marketing

Also Read: MBA Marketing vs MBA Digital Marketing

MBA in Operations Management

MBA in Operations Management is a specialized field among MBA branches that facilitates the process of delivering value to the end customer by improving productivity, quality, cost, and turnaround time. 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 Will You Study in MBA in Operations Management Course?

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

Operations Research	Operations Research	Materials Management
Project Management	Enterprise Resource Planning	Financial Accounting and Management
Supply Chain Management	International Logistics	Technology and Innovation Management
Project Management	Information Technology & Systems Management	Marketing Management

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. 

Manufacturing	Retail	Financial Institutions
Construction	Management Consulting	Hospitality
Information Technology	Transportation	Logistics

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 specializations 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.

Financial Accounting	Financial Analysis	Statistical Analysis
Risk Management	Predictive Analysis	Business Intelligence
Data Modelling	Computational Methods	Optimization Analysis
Big Data Analytics	Data Mining	Simulation Modelling

Job Scope & Salary after MBA in Business Analytics

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

Business Analyst	Data Analyst	Data Scientist
Quantitative Analyst	Market Research Analyst	Data Mining Expert
Data Warehousing	SAS Programmer	Predictive Modeller

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

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 specializations 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.

Economics and Management Decisions	Organizational Behavior	Marketing Management
Operations and Materials Management	Business Communication	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
Strategic Management	Business Process Re-Engineering	Multi-Model Transportation
Supplier Relationship Management	Supply Chain Modeling and Design	Supply Chain Simulation
Global Supply Chain Management	Logistics Management	Procurement Consultant Management

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:

Healthcare	Apparel and Lifestyle	Automotive
Publishing	Engineering and Electrical Hardware	FMCG and Consumer Electronics

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

Logistics and Distribution Manager	Supply Chain Analyst	Supply Chain Coordinator
Supply Chain Manager	Supply Chain Consultant	Expeditor
Materials Planner	Production Planner	Sales Order Planner
Master Scheduler	Demand Planner	Assistant Buyer

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 specializations. MBA in Business Management essentially teach 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.

Managerial Economics	Operations Research	Organizational Behavior
Economic Policy	Business Statistics	Decision Models and Optimization
Financial Management	Human Resource Management	Marketing Management
Operations Management	Business Ethics	Corporate Governance
International Business	Management Information Systems	Business Law
Market Research	Project Management	Strategic Management

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:

Management Consultant	Business Analyst	Business Development Manager
Marketing Manager	Real Estate Consultant	Operations Analyst
Engineering Manager	Supply Chain Manager	Equity Analyst

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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 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 specializations 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:

Economic Analysis for Rural Management	Rural Society and Polity	Rural Livelihood and Research Methods
Development Theories and Practices	Natural Resources and Sustainability	Social Entrepreneurship
Legal Environment	Corporate Social Responsibility	Microfinance
International trade	Agribusiness	E-business for Rural Enterprises

Job Scope & Salary After MBA in Rural Management

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

Government-owned or Sponsored Rural Development Projects	Funding Agencies	NABARD Bank
Voluntary Groups	National or International NGOs.	Grameen Bank

Also Read: Top Jobs after MBA

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.

Health Service Management	Planning of Healthcare Institution	Financial and Cost Accounting for Hospitals
Human Resource Management	Clinical Pharmacy	Operations and Services Management
Medical Emergency Systems	Medical Ethics Quality Management	Material Management
Medical Tourism Financial Management	Hospital Information Management Systems	Business Policy and Strategic Management

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.

Marketing	IT	Human Resource Development
Medical Colleges	Pharmaceutical Industry	Health Insurance

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

Other Popular MBA Specializations List in India

MBA in Banking and Insurance	MBA in Project Management	MBA in Digital Marketing
MBA in International Business	MBA in Accounting	MBA in Pharmaceutical Management
MBA in Entrepreneurship	MBA in Travel and Tourism Management	MBA in Communication Management
MBA in Biotechnology	MBA in Business Economics	MBA in Sales Management
MBA in Fashion Designing	MBA in Data Analytics	MBA in Aviation Management
MBA in Hospital Administration	MBA in Hotel Management	MBA in Safety Management
MBA in Sports Management	MBA in Tourism Management	MBA in Retail Management
MBA in Hospitality Management	MBA in Corporate Social Responsibility	MBA in Disaster Management
MBA in Biotechnology Management	MBA in Petroleum and Oil Gas Management	MBA in Environmental Management

How to Choose MBA Specializations?

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

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