Too many MBA specializations, which one to select?

India

27 Jun 2018

#CareerBytes: Confused about choosing MBA-specialization? Here's all you should know

MBA is the among the most sought-after courses in India, as it helps prepare students for the corporate world.

The two-year program offers a wide range of courses. In the first year, one typically learns the basic concepts, while in the second, one needs to choose a particular area of specialization.

Here are different MBA specializations to help aspirants choose better, depending on their skill-sets.

Specialization 1

High skilled marketing professionals are always in demand

High skilled marketing professionals are always in demand

The marketing department is the backbone of any organization.

People with good marketing skills are always in high-demand as they are the ones responsible for bringing in new businesses, increasing market share, growing the revenue among others.

If you have excellent communication skills, resource mobilization skills, ability to study market trends, product management, and consumer behavior, then MBA in Marketing is your true calling.

Specialization 2

Human Resource Management creates skilled, knowledgeable workforce for any organization

Human Resource Management plays a crucial role in any organization in creating a skilled and knowledgeable workforce.

The HR's roles include recruitment, training, and development, designing jobs, promotions, benefits, compensation, etc.

One of the key roles of HR involves managing any issues arising between the management and employees.

Those with excellent communication skills, supervision quality, time management skills can opt for MBA in HRM.

Love India news?

Stay updated with the latest happenings.

Yes, notify me

Specialization 3

MBA in Finance offers irresistible pay packages

MBA in Finance offers irresistible pay packages

The Finance area seems to be a popular choice among MBA aspirants. It not only offers irresistible pay packages but also provides insights into how the financial world functions.

It prepares students in various areas like investment banking, asset management firms, credit risk management, and international finance among others.

If you have problem-solving and analytical skills, then MBA in Finance is a great option.

Specialization 4

Information Technology professionals can efficiently manage e-commerce businesses

Technology has overpowered almost every sector.

As a result, there is always a growing demand for professionals with a combination of business knowledge and specialized courses in information technology.

If you have higher-level analysis and decision-making skills, and always stay up to date on workforce trends, then this field is the best fit for you.

Specialization 5

Operations Management offers exciting opportunities in business management field

Operations Management offers exciting opportunities in business management field

MBA in Operations Management (OM) is a unique and exciting opportunity in business management field.

OM knowledge gives you the expertise required to efficiently manage the entire system related to manufacturing or services.

The field offers various career options such as operations management, supply chain management, logistics planning, and inventory control management.

If you know leadership and conflict management, then OM is for you.

Share this timeline

Human Resource

Information Technology

Marketing

MBA Finance

MBA Specialization

Operations Management

CareerBytes

Finance

HR

HRM

Share this timeline

Ask NewsBytes
User Image

Most asked questions

I have done B.Tech in Mechanical Engineering. Now I'm doing MBA. Which specialization will be best for me? Basically, I m interested in finance.

Can a B.com in computer application student do M.sc computers?

What about MBA through distance education?

I'm a Mechanical Engineer and I want to pursue a career in Finance as a Fund Manager. Is CFA required or MBA will do? I need a good reason for the shift in a sector. What reason should I give?

I want to do MBA in finance so I want to ask if I would be placed in any finance company or any other company within the 2 years course?

Which career is best for engineers if they don't want to leave IT completely according to the number of job opportunities in future?

What's a better option for a doctor with 3 years of work experience in defence forces?

Is there is any line of fashion designing in MBA and BBA?

Which specialization can we choose after B.com(Computer Application)?

I want to know which is good between MBA or PGDM for a student who has completed his studies in arts?

I want to know the scope of banking and financial services management in India. Which college is best for this?

What about MBA in tourism management? Should I do this in India or abroad? How are the career prospects?

Which specialization is good after B.COM (Computer Application)?

Does MBA in healthcare sector requires a medical background? Can a B. Tech. Graduate go fo this course?

What is the career scope in MBA with dual specializations in marketing and finance?

Can you advise on future options after doing PGDM (Securities Management) from NISM?

What future can we see for PGDM in securities management from NISM?

I am a BMS 2nd year student and I want to do MBA in Aviation. So doing MBA in aviation has scope or not?

What about MBA in brand management and pharmaceutical management. What is the scope in India & in abroad and how much will it pay me?

I have chose financial management, will I be able to do good?

Is MBA in Hospital Management highly payable too? What about foreign opportunity in this field?

More questions

I have done B.Tech in Mechanical Engineering. Now I'm doing MBA. Which specialization will be best for me? Basically, I m interested in finance.

Asked 2018-06-28 10:55:37 by Gurpreet Singh World

Answered by NewsBytes

If you are interested in Finance then you should pursue your specialization in it. Finance is a dynamic industry and hardworking people from all streams can make a career in it. Also, if you are highly interested in Finance then you can also pursue CFA course. It would enhance your industry insights and give you more comprehensive knowledge of Finance.

Can a B.com in computer application student do M.sc computers?

Asked 2018-06-28 03:20:31 by sagar G

Answered by NewsBytes

The basic eligibility for M.Sc. Computer Science includes- (1)Candidates must have completed graduation in B.Sc.(H) Computer Science/B.Sc. Applied Physical Sciences with Mathematics and Computer Science. (2)Candidates who have completed B.Sc.(General) Mathematical Sciences, (10+2+3 scheme) with Mathematics and Computer Science are also eligible to apply. Although this might differ for some college and you might be able to pursue M.Sc Computer Science from those colleges.

What about MBA through distance education?

Asked 2018-06-28 01:08:18 by Lubna Fadil

Answered by NewsBytes

MBA through distance education is chiefly meant for those people who have limited time and resources. You need a bachelor's degree as eligibility to pursue MBA through correspondence. Some of the good colleges/universities offering correspondence or distance mode MBA are- Narsee Monjee Institute of Management Studies (NMIMS), Global Access School for Continuing Education (NGA-SCE), Institute of Management Technology (Centre for Distance Learning), and more.

I'm a Mechanical Engineer and I want to pursue a career in Finance as a Fund Manager. Is CFA required or MBA will do? I need a good reason for the shift in a sector. What reason should I give?

Asked 2018-06-27 23:12:00 by Leo Paul

Answered by NewsBytes

If you want interested in Finance and want to pursue a career in it then MBA in Finance is a good option. Along with this if you clear CFA as well then it would open up more opportunities for you and give you more comprehensive insight into Fund Management. Moreover, clearing CFA would also enhance your chances of getting into elite management colleges.

I want to do MBA in finance so I want to ask if I would be placed in any finance company or any other company within the 2 years course?

Asked 2018-06-27 20:58:00 by Shruthi Joseph

Answered by NewsBytes

Although the recruitment process would be conducted (on and off campus) in the second year itself, you won't be able to start a job before the completion of your two year MBA degree.

Which career is best for engineers if they don't want to leave IT completely according to the number of job opportunities in future?

Asked 2018-06-27 19:46:42 by Ankita Panigrahi

Answered by NewsBytes

If you are interested in staying in IT and have a relevant work experience in it then you can pursue MBA with specialization in Information Technology. A combination of business knowledge and information technology would open up good career prospects for you.

What's a better option for a doctor with 3 years of work experience in defence forces?

Asked 2018-06-27 18:41:06 by Sarkar G

Answered by NewsBytes

MBA specialization should be pursued in a field where your interests lie. But as you are a doctor and have experience in this field then you might also consider doing an MBA in Hospital Management. With the healthcare industry booming and hospitals like Max, Apollo, and Fortis imparting world class facilities to individuals, the role of Hospital Managers has become quite popular and integral.

Is there is any line of fashion designing in MBA and BBA?

Asked 2018-06-27 18:01:34 by Akriti Anuradha

Answered by NewsBytes

Yes, many institutes offer MBA in Fashion Management in India. Average Starting Salary after completing this course is INR 3 to 12 lacs per annum. Top Recruiting Companies include- Godrej Interio, Evok, Futomic Designs, Synergy Corporate Interiors, Zed Interiors, etc. Some colleges that offer this course are- Amity University, Vogue Institute of Fashion Technology, MIT Art, Design and Technology University, etc. For more- link.

Which specialization can we choose after B.com(Computer Application)?

Asked 2018-06-27 18:01:22 by Shreya Deshpande

Answered by NewsBytes

You should do an MBA specialization in that field which genuinely interests you. Most of the MBA specializations require a generic background and don't need bachelors in a particular stream. According to your interest, you can opt for specialization in- Marketing, Human Resource, Finance, Operation Management, etc.

I want to know which is good between MBA or PGDM for a student who has completed his studies in arts?

Asked 2018-06-27 17:38:28 by Anamika Srivastav

Answered by NewsBytes

As only Universities have the power to grant degrees so many MBA colleges offer a Diploma in management, including IIMs. IIMs offer Post Graduate Diplomas in Management. Essentially speaking, both of them are same.

I want to know the scope of banking and financial services management in India. Which college is best for this?

Asked 2018-06-27 16:56:12 by Vidhi Maheshwari

Answered by NewsBytes

After completing MBA in Banking and Finance course, candidates can work in areas like Private Banks, Government Banks, Educational Institutes, BPOs, Banking Sectors, Finance Departments in Industries, etc. Average Starting Salary in this field ranges from INR 3 to 10 Lacs. Some of the good colleges in India are- Abit-Jrd Tata Institute of Management, Symbiosis School of Banking and Finance, Pune, etc. More.

What about MBA in tourism management? Should I do this in India or abroad? How are the career prospects?

Asked 2018-06-27 15:49:37 by Adarsh Babu

Answered by NewsBytes

Master of Business Administration (Tourism Management) is a 2-year postgraduate course. Postgraduates in this field are hired for posts like Assistant Sales Manager, Information Assistant, Lobby Manager, Operations Executive, etc. Average starting salary can be expected between INR 3 to 12 lacs per annum. Many good colleges in India offer this course and it is your personal choice to pursue it here or abroad.

Which specialization is good after B.COM (Computer Application)?

Asked 2018-06-27 14:53:39 by Shreya Deshpande

Answered by NewsBytes

You should do an MBA specialization in that field which genuinely interests you. Most of the MBA specializations require a generic background and don't need bachelors in a particular stream. According to your interest, you can opt for specialization in- Marketing, Human Resource, Finance, Operation Management, etc.

Does MBA in healthcare sector requires a medical background? Can a B. Tech. Graduate go fo this course?

Asked 2018-06-27 14:33:50 by Harsh Raj Srivastava

Answered by NewsBytes

MBA in Healthcare Management requires a Bachelor's degree in any discipline with 50% aggregate marks. This is a generic qualification and specific qualifications can differ from college to college. Also, in most good institutes the admission also depends on your performance in their entrance exam or other exams like CAT, MAt, XAT, etc. For more information, check this link.

What is the career scope in MBA with dual specializations in marketing and finance?

Asked 2018-06-27 13:48:14 by Irfan Khan

Answered by NewsBytes

If you have interests in both marketing and finance then only pursue a dual specialization. Moreover, dual specialization has both aspects, some recruiters consider only major specialization and your minor specialization is ignored. While on the other hand, some think that dual specialization makes a student more holistic. While selecting a specialization, your interest field should remain the most important thing.

Can you advise on future options after doing PGDM (Securities Management) from NISM?

Asked 2018-06-27 13:47:55 by Sapna Samal

Answered by NewsBytes

PGDM-SM is a two-year full-time Post-Graduate Diploma which was launched in 2017. PGDM-SM students are equipped to be complete securities market professionals. They are positioned to take up a wide range of responsibilities such as Analysts, Investment Managers, Valuers of Asset Classes, Treasury & Risk Managers, Operational Managers, Compliance Officers, Financial Planners & Wealth Managers etc. For more, check this link.

What future can we see for PGDM in securities management from NISM?

Asked 2018-06-27 13:43:14 by Sapna Samal

Answered by NewsBytes

PGDM-SM is a two-year full-time Post-Graduate Diploma for graduates, postgraduates coming from various disciplines interested in pursuing a career in the securities market. This programme has been freshly launched in 2017 and is approved by All India Council for Technical Education (AICTE). As this program was launched only last year, not much can be said about its scope and future as of now. More.

I am a BMS 2nd year student and I want to do MBA in Aviation. So doing MBA in aviation has scope or not?

Asked 2018-06-27 13:20:12 by Nimisha Sharma

Answered by NewsBytes

Successful graduates of Aviation Management can expect anything between INR 4,00,000 to 25,00,000 as an annual salary in the industry, increasing with experience and skill set. Some of the top recruiting companies are- Indigo, Gulf Air, Qatar Airways, SpiceJet, Emirates, Jet Airways, etc. Job Profiles include- Trainer, Aircraft Maintenance Manager, Customer Relationship Manager, etc. For more information on this course, check this link.

What about MBA in brand management and pharmaceutical management. What is the scope in India & in abroad and how much will it pay me?

Asked 2018-06-27 12:19:39 by Kanica K

Answered by NewsBytes

The demand for Brand Management professionals is not only increasing in Indian Companies but also in the international organizations. Top brands such as Nestle, Ranbaxy, Reckitt Benckiser and Aviva Life Insurance offer career prospect for brand managers outside India. In India and abroad the pharmaceutical industry is expanding and so is its career prospects, its recruiters include- Abbot Laboratories, Dr.Reckeweg, Ranbaxy Laboratories and more.

I have chose financial management, will I be able to do good?

Asked 2018-06-27 10:49:18 by Beetu Pgs

Answered by NewsBytes

Financial Management prepares students in various areas like investment banking, asset management firms, credit risk management, and international finance among others. So, if your interests lie in this field then you can opt for it. In my opinion, you should always do something where your interests lie, only then you would be able to do good in that field.

Is MBA in Hospital Management highly payable too? What about foreign opportunity in this field?

Asked 2018-06-27 08:28:03 by Ishita Khanderia

Answered by NewsBytes

With the healthcare industry booming and hospitals like Max, Apollo, and Fortis imparting world class facilities to individuals, the role of Hospital Managers has become quite popular and integral. Some of the job prospects in this field include- Chief Operating Officer, Healthcare Management Executive, Hospital Planning Adviser, etc. For more information, check this link. There are foreign opportunities in this field too.

Next Timeline