List of Top MBA Specializations: How to Choose the Best One?

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List of Top MBA Specializations: How to Choose the Best One?

The MBA is one of the most popular post-secondary education programs among Indian students. Millions of students want MBA degrees, but one issue appears to stump all newcomers: "Which are the best MBA specializations and which one should I choose?"

Knowing about the top MBA specializations is crucial to finding the right one for you. Students aspiring for an MBA program must carefully consider their options before they choose to join an MBA program or during the first two semesters of the program. The two most important things that influence your value after earning an MBA are the college you attend and the best MBA specializations you wish to pursue.

The majority of colleges in the nation (as well as abroad) provide an array of the top MBA Specializations that students can select as per their strengths and weaknesses, such as:

  • Marketing
  • Business Analytics
  • Finance
  • Human Resources
  • Digital Finance & Banking
  • Business Management
  • Information Technology
  • Operations Management
  • Management Information Systems
  • International Business

Of course, selecting just one specialty from a wide range of options is a difficult choice. That's the reason we put up this easy-to-follow guide to assist you in choosing the right option from the best MBA specializations!

Importance of Choosing the Best MBA Specializations

Among the main reasons in favour of the best MBA specializations are the following:

  • Every industry requires both a solid theoretical and practical understanding of industrial dynamics and expertise in a particular field. Developing soft skills is a key component of an MBA program overall. However, focusing on a particular area of study helps students become competent in their chosen field of work.
  • Every management graduate has goals, and these goals influence the top MBA specializations they choose. It also heavily depends on individual characteristics.  An introverted graduate, for example, is not suited for an MBA in marketing. It is therefore inevitable to select the best fit from among the top MBA specializations.
  • The previous 20 years have seen the evolution of many top MBA specializations. As a result, the scope of the best MBA specializations has expanded. The majority of MBA programs have expanded their specialized offerings to meet the growing demand for qualified management graduates.
  • Dual specializations are offered under several MBA specialized courses. They are advantageous for students due to the complementing nature of dual subjects. As a result, it offers a solid professional boost both initially and subsequently.
  • The subjects and topics students will learn in the top MBA specializations constantly change for various factors.  They will ascertain what the corporate sector will require going forward.

Factors to Consider while Choosing the Best MBA Specializations

Here are X factors to think about if you are having trouble choosing the right one from the best MBA specializations:

Check if your college offers the MBA Specialization you want

The college’s MBA offerings should be the first factor to take into account when choosing the best MBA specializations. Even though many MBA colleges are offering a wide range of MBA specializations, it is crucial to check out if your college offers the MBA specialization you want. This is because MBA colleges typically collaborate with leading corporations in the sector (such as IBM, TCS, Mahindra, Deloitte, Goldman Sachs, Barclays, etc.) to guarantee placement in all the best MBA specializations they offer.  

Determine your passions and strong points.

Self-analysis comes in at number two on the list of priorities when choosing from the best MBA specializations. Examine yourself to determine your main areas of strength and what areas you should work on. Combine it with your hobbies and long-term professional objectives to obtain a more complete picture. Selecting the best MBA specializations will be considerably simpler if you have a firm understanding of your goals for your life and your MBA program.

The secret is to pick a specialization that will support your professional development while also guaranteeing your long-term employability and relevance in the ever-evolving field.

Consider the Salary

Make sure to thoroughly consider a specialization’s average salary package and market value, before committing to anything. Try to find out what the minimum and maximum salary packages for the top MBA specializations offered in the previous year. This should give you a decent indication of what to anticipate when your MBA is done. The salary package is crucial even if there are other factors to consider.

You must obtain from your desired MBA College all the information regarding the wage packages that are available for the best MBA specializations. Remember that there are other factors to take into account besides money. A particular specialization may come with a hefty salary package. However, be careful not to pick a specialization out of your concern for money only even if it matches your strengths.

Look into the quality and experience of the faculty.

Make it a point to familiarize yourself with the faculty at various colleges. Examine their experience, credentials, and educational background. You have a right, after all, to know the identities of your mentors and the subjects they will teach you. You can reduce the number of schools and institutions you choose to a small number of the best-qualified and experienced faculty members by evaluating the faculty profiles of the various institutions.

Companies Hiring by MBA Specializations

You can review the data regarding the best MBA specializations demanded by top companies. Getting hired is more likely in a specialization where more businesses have made visits.

Subjects in MBA Specialization:

Be sure to conduct a thorough curricular study of the best MBA specializations before choosing one. It assists you in deciding on the best specialty and honing the necessary abilities.  Every MBA specialization has advantages, so select the one that best suits your interests and skill set. Keep in mind that choosing a specialty will require a great deal of work to succeed and become a successful business leader.

When should I consider joining an MBA program?

It may seem appealing to enroll in an MBA program as soon as you graduate, but it's not necessarily advised. The ability to finish an MBA course quickly after graduation is the biggest advantage for those who do so. Thus students can boost their chances of success by entering the employment market early.

Many people choose to apply for an MBA entrance exam after working for a few years. This is because having several years of work experience facilitates understanding the theoretical concepts of the selected expertise. Additionally, it gives people more self-assurance when they study the curriculum's many difficult concepts. Selecting the top MBA specializations that best suit your interests is the only difficult task.

One disadvantage of getting an MBA after working for a while is that you might pass up some excellent opportunities for future advancement. Some prospective MBA students think that applicants with more experience have fewer options. Therefore, obtaining more experience could prove to be a barrier for the top MBA specializations.

Check out the top MBA specializations to choose from:

Top MBA Specializations: MBA in Marketing       

MBA in Marketing is the study of the management process that products and services go through from concept to client. Four Ps make up marketing:

  • Product: Identify, select, and develop the product
  • Price: Determine prices
  • Place: Selection of a distribution channel
  • Promotion: Develop promotional strategies

Among the top MBA specializations, marketing holds great value for students with knowledge in areas such as consumer behaviour, market research, sales management, brand management, social media marketing, retail management, and digital marketing. An aspiring marketing professional must possess strong analytical and people abilities.

There are many different types of jobs in marketing, such as:

Jobs After MBA in Marketing

Salary after an MBA in Marketing

Marketing Manager

INR 7.9 LPA

Brand Manager

INR 8.8 LPA

Asset Management

INR 4 LPA

Corporate Sales

INR 5 LPA

Market Research Analyst

INR 3.4 LPA

Sales Manager

INR 5 LPA

Product Manager

INR 6 LPA

Head Of Digital Marketing

INR 7 LPA

 

MBA in Marketing: Top recruiters

Airtel (Bharti Telecom)

Tata Teleservices

Tata Motors

HDFC Bank,

Vodafone Essar

IndiaMART

IDEA Cellular

Hindustan Unilever (HLL)

InterMESH

ICICI Bank

ITC Limited

Reliance Communications

 

Top MBA Specializations: MBA in Finance

The MBA in finance is dedicated to efficient money management. It comprises the assets and liabilities accumulated throughout time in the face of risks and uncertainties. Three categories exist in the field of finance: corporate, personal, and public finance.

Among the top MBA specializations, finance is the most promising for students who want to gain knowledge in areas such as banking, corporate restructuring, tax planning, budgeting, derivatives, investment analysis and portfolio management, financial markets, and services. Businesses have had and will continue to require finance management as a critical component of asset management.

MBA in Finance offers a wide range of employment types, including:

Jobs After MBA in Finance

Salary after an MBA in Finance

Financial Analyst

INR 5 - 8 LPA

Business Analyst

INR 6 - 12 LPA

Finance Manager

INR 10 - 18 LPA

Equity Research Analyst

INR 7.5 - 12 LPA

Research Analyst

INR 6 - 10 LPA

Relationship Manager

INR 7 - 9 LPA

Account Manager

INR 7 - 12 LPA

Bank Manager

INR 6 - 10 LPA

Chief Financial Officer

INR 15 - 20 LPA

 

MBA in Finance: Top Recruiters

HDFC Bank

ICICI Bank

Cognizant Technologies

Axis Bank

Genpact (GECIS)

Kotak Mahindra Bank

Deutsche Bank

Infosys Technologies

Accenture Services

Deloitte Touche Tohmatsu

Tata Consultancy Services

Thomson Reuters

 

Top MBA Specializations: MBA in Human Resources

The discipline of human resources (HR) teaches you how to structure the hiring, managing, and retention of employees inside a company. This specialization equips you with the skills necessary to maintain a friendly working relationship between management and staff, which is essential to the efficient operation and prosperity of the company.

Among the top MBA specializations, Human resource management is the best for students who want to gain knowledge in areas such as hiring, screening, development and training, work design, motivation and assessments, health and safety, and remuneration. An HR manager is an essential member of every organization, and there are more and more employment openings in this sector worldwide. So, you can succeed in your profession with this MBA specialization.

The following are a few job titles in MBA in HR:

Jobs After MBA in HR

Salary after an MBA in HR

HR Manager - Talent Acquisition

INR 9.8 LPA

HR Manager - Training

INR 4.8 LPA

HR Manager - Compliance

INR 6.9 LPA

HR Professor

INR 10 LPA

 

MBA in HR: Top Recruiters

Infosys Technologies

Tata Consultancy Services

Larsen & Toubro (L&T)

Wipro Technologies

HCL Technologies

Reliance Industries

Accenture Services

IBM Global Services

Magna Infotech

Deloitte Touche Tohmatsu

Capgemini

Adecco PeopleOne

 

Top MBA Specializations: MBA in Information Technology

Of all the top MBA specializations, Information technology can teach you the fundamentals of computer systems and their applications in managerial decision-making. Technology is now used in practically every industry, which has led to an increase in the need for workers with superior technical and business skills.

Students who choose to pursue this specialization will study papers on data mining for business decisions, managing software projects, managing digital innovation and transformation, IT consulting, e-commerce and digital markets, strategic management of IT, and managing digital platforms. The field of Information Technology assists in the organization and analysis of data to address issues and provide solutions related to an organization's mission.

Jobs for these specialists are rising more quickly because of the constant increase in demand for technology.

Among the positions available in Information Technology are: 

Jobs After MBA in Information Technology

Salary after an MBA in Information Technology

IT Manager

INR 10 LPA

IT Director

INR 12 LPA

Project Manager, Information Technology

INR 13 LPA

Computer & Information System Manager

INR 14 LPA

Chief Technology Officer

INR 9 LPA

 

MBA in IT: Top Recruiters

Cognizant

Tata Consultancy Services

Larsen & Toubro (L&T)

Wipro Technologies

HCL Technologies

Reliance Industries

Deloitte

IBM Global Services

Magna Infotech

KPMG

Capgemini

 

 

Top MBA Specializations: MBA in Operations Management

Top MBA specializations in Operations Management (OM) focus on purchasing, inventory, vendor, and enterprise resource planning in manufacturing, services, and production. OM increases productivity, quality, cost, and turnaround time to help the process of providing value to the end user.

Students pursuing B. Tech specialization in Operations management will learn about supply chain and logistics management, a quality toolkit for managers, project management, pricing and revenue management, operations strategy, sales and operations planning, behavioural operations management, applications of operations research, management of manufacturing systems, sourcing management, and supply chain analytics.

OM started off in the manufacturing sector and is now a highly sought-after specialist in many sectors, including e-commerce, IT, and telecom. Among the top jobs in OM are:

Jobs After MBA in Operations Management

Salary after an MBA in Operations Management

Operations Manager

INR 7.8 LPA

Data Analyst

INR 5.5 LPA

Human Resource Management

INR 7.2 LPA

Supply Chain Program Manager

INR 8.74 LPA

General Operations Manager

INR 12.24 LPA

 

MBA in Operations Management: Top Recruiters

Reliance Industries

Godrej & Boyce Mfg. Co.

UltraTech Cement

Tata Motors

Asian Paints

Larsen & Toubro(L&T),

ITC Limited

Bharat Forge

Cadbury

Mahindra and Mahindra

Hindustan Unilever (HLL)

Cummins

 

Top MBA Specializations: MBA in International Business

International Business is one of the top MBA specializations that includes global exchanges of products, services, cash, technology, and knowledge. The core objective of an international business master's program is a thorough understanding of the organizational skills necessary for global operations. International marketing management, international trade laws, international labour organization and laws, export & import management, international finance, and international human resource management are among the subjects covered by students who choose to specialize in the IB. 

With so many prospects in this world of globalization and liberalization, every company aspires to grow internationally. For these businesses, IB-specialized students are an invaluable resource for organizing and carrying out their global operations.

Among the top jobs in IB are:

Jobs After MBA in International Business

Salary after an MBA in International Business

Export Manager

INR 6 LPA

Business Development Manager

INR 6 LPA

International Finance Manager

INR 10 LPA

Global Business Manager

INR 30 LPA

International Business Consultant

INR 13 LPA

Investment Banker

INR 9.25 LPA

International Marketing Manager

INR 7.25 LPA

 

MBA in International Business: Top Recruiters

Deloitte Digital

WPP

NLC India Limited

Amazon

Kapston Services

AI Airport Services Limited

American Express

Atlanta Systems

Broadcast Engineering Consultants India Limited, BECIL

Uber

Advanced Microdevices

J.P. Morgan Chase & Co

 

Which other highly sought-after MBA specialties exist?

Beyond the 6 top MBA specializations mentioned above, there are a plethora of additional alternatives depending on the candidate's aptitude, interests, and career goals.

Top MBA Specializations

Hospitality

Infrastructure

Digital Marketing

Transport & Logistics

Sales

Disaster Management

Public Policy

Energy & Environment

Forestry

Import & Export

Product

IT & Systems

Business Analytics

Healthcare & Hospital

Digital Marketing

Business Economics

Entrepreneurship

Agriculture & Food Business

Advertising

Materials Management

NGO Management

Oil & Gas

Pharma

Retail

Project Management

Rural Management

Sports Management

Supply Chain

Telecom

Textile Management

 

Which MBA Specialization is most suitable for you?

It can be difficult to choose the best MBA specializations that match your every need. Before you come up with a conclusion, ask yourself the following questions:

  • What are the best MBA specializations that match my strengths?
  • What are my areas of passion?
  • Which MBA specialization will best support my career goals?
  • Which MBA specialization appeals to me the most??

The answers to these questions can help you select an MBA focus that aligns with your hobbies, skill set, and professional goals.

Why Choose GNIT College of Management for the Best MBA Specializations?

GNIT College of Management offers a wide range of the best MBA specializations in association with additional benefits for students who seek a career in management. Students can choose from the list of the top MBA specializations we offer including:

  • Finance, Marketing
  • Human Resource Management
  • Systems & IT and Global Business Management
  • Operations & Analytics.

We offer direct admission to MBA programs at GNIT College of Management based on the merit of students. However, students who cleared an entrance exam such as CAT, MAT, XAT, CUET PG, will be given preference in the selection process.

GNIT College of Management is affiliated with AKTU and approved by AICTE which makes it one of the most trusted platforms to pursue a dream career in management.

Candidates for our MBA program must have completed their graduation from any stream at a university that has been approved by the AIU and achieved a minimum of 50% in their exam. Those who are waiting on their final results may still apply. They also need to turn in their personal information and certification credentials for grades 10 and 12. To be accepted into the MBA program, applicants do not need to take any entrance tests.

Visit our official website, https://www.gngroup.org/mba, to find out more about our MBA program, requirements for enrolment, and admissions.

Also Read:

FAQs for How to Choose Top MBA Specializations?

Q1. What are the benefits of pursuing the top MBA specializations?

Pupils pursuing the top MBA specializations learn a great deal about a subject that they can choose from according to their interests or ability level.

Q2. What are the best MBA specializations?

Among the top MBA specializations are the following:

  • MBA in Finance
  • MBA in Marketing Management
  • MBA in Human Resource Management
  • MBA in Operations Management
  • MBA in International Business
  • MBA in Information Technology

Q3. Is GNIT College of Management affiliated?

Yes, the GNIT College of Management is affiliated with AKTU and approved by AICTE to provide 2-year post-graduate programs in various top MBA specializations.

Q4. What are the top MBA specializations offered by GNIT College of Management?

GNIT College of Management is one of the best colleges in Greater Noida offering MBA specializations in Finance, Marketing, Human Resource Management, Systems & IT and Global Business Management, and Operations & Analytics.

Q5. What is the MBA course fee at GNIT College of Management?

The total cost of an MBA at GNIT College of Management is INR 2.46 lakhs.