A standard MBA program is of two years duration and offers compulsory courses in the first two semesters that is meant to provide a strong foundation of the basic concepts.During the second year, students have to choose the field in which they want to specialize.
List Of Top 5 MBA Specializations in India:
There are many factors that influence your decision regarding the area you want to specialize in. Depending on your priority, you may choose your specialization as per the job availability, your interest area, and preferred job profiles.
Let’s have a look about each of the Top 5 MBA Specializations in India:
Specialization in Marketing would make you aware of key areas like market research and analysis, competitive analysis, consumer behavior, customer analysis, business ethics, product management etc.If you have interest in market research, advertising or sales or if you would like to work in IT sales, media or marketing of various services then you can pursue your MBA in Marketing.
Average Annual Salary:$10,000 to $35,000
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MBA Specialization in Finance will make you learn about how the financial world functions and how to apply financial theories to solve business world problems.If you want to work in sectors like investment banking, asset management firms, hedge funds or private equity then you can go for this specialization.
Average Annual Salary: $4000 to $30,000
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3.Human Resource Development
MBA in HR will help you understand how to acquire, manage and retain workforce within an organization. It will provide you with the ability to deal with employees and execute work aspects of recruitment, selection, training, and development etc.
If you are good with people and are skilled with words then you can choose this as your area of specialization.
Average Annual Salary: $4,000 to $25,000
MBA in Operations would make you efficient in managing the system related to manufacturing or services.
If you prefer to work with machinery and tools and have the mechanical ability then you should opt to specialize in Operations Management.
Average Annual salary:$30,000 to $40,000
Specialization in IT would make you aware of areas like network security, data analytics, supply chain management, e-business etc. Specialisation in IT would help you in gaining the technical knowledge of emerging technologies in the IT field.
Technical Systems Manager
Chief Information Officer (CIO)
Business Development Manager.
Average Annual Salary:$5000 to $30,000
You can also ask your query or doubt related to MBA directly from Experts of Top B-Schools.They will guide you and provide you with best answers.