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If you are trying to figure out which MBA is best then this article is for you.
Students often wonder which MBA is best in India. It becomes quite difficult to choose from a wide variety of MBA specializations if we do not have a clarity of the subject we want to pursue. To help you out with this problem, we have mentioned many important details of MBA specialization that you should read.
This article will help you with many queries regarding MBA Specialisation in India. You will get to read about, key highlights of MBA, which MBA is best in India, Which specialization is best paid in India, which MBA is best in world, which MBA is in demand etc.
Let us start with the knowing about basics of MBA course:
What is Master of Business Administration (MBA)?
MBA is a postgraduate degree that you can pursue if you want to go for higher studies in management field. You will be taught theory and practice in business or investment management in Master of Business Administration (MBA) programs. The goal of an MBA course is to prepare the graduates for general company management responsibilities in the best way possible.
The Master of Business Administration (MBA) degree is a credential that is recognized across the world and aims to improve the skills needed for a career in business. The value of the MBA, however, goes beyond business. There are now more than 2,500 MBA programs offered worldwide. Although a full-time MBA program normally lasts two years, expedited full-time MBA programs are also offered. Part-time executive MBA (EMBA) programs are intended for professionals with several years of leadership experience who do not meet the requirements for a traditional MBA. The length of executive and part-time MBA programs varies depending on how many credits a student takes each semester or quarter of school.
MBA Check Key Highlights
Check key highlights Related to MBA course in India:
MBA Full form | Master of Business Administration |
MBA Duration | 2-years |
MBA Eligibility | UG Degree in any stream with an aggregate of 50% marks |
MBA Level | Post-Graduate |
MBA Admission Criteria | Entrance and Direct admission both |
Top MBA Specialization s | MBA in Finance, Logistics and chain supply, sales and marketing, human resource management etc. |
What is the scope after MBA?
MBA Scope & Career Opportunities
You can choose between getting a work or pursuing a management PhD. The third option is to start your own business with all the skills and knowledge you acquired while obtaining your MBA and your newfound expertise in business management, IT, and other fields. You will be able to successfully launch and expand your own company using those skills.
As part of earning your MBA, you'll expand your knowledge and skills in a number of areas related to your career, such as financial risk management, how to interpret company reports, how to build an investment portfolio, and how to maximize stock value.
Due to the variety of specialties accessible to those who seek them out, MBA students have better prospects for work and higher study.
Several industries, including manufacturing, banking, journalism, and entrepreneurship, can benefit from an MBA. The commercial and retail sectors, information technology, banking, and financial institutions are a few additional businesses. Then, from a choice of specialties, you can choose your preferred career and start working in it. Alternatively, you can continue your studies in that sector.
MBA degree will be helpful for you in following things:
- Opening one's own business and becoming an entrepreneur.
- Increase in your basic income
- Job profile change for greater networking and more knowledge.
- Boost the value of one's resume
Any of the following MBA programs may be of interest to those seeking an MBA degree: MBA/PGDM, MBA/PGDM for executives, online MBA, part-time MBA, etc. Candidates have the option of enrolling in a conventional MBA program or an MBA program with specialization.
MBA Specialization in India
Let us have a look at the various number of MBA Specialization that are offered in India. Look at the table below to find about the various MBA Specialization:
MBA Specialization List in India
MBA in Finance | MBA in Healthcare Management |
MBA in Marketing | MBA in Pharmaceutical Management |
MBA in Human Resource Management | MBA in Retail Management |
MBA in International Business | MBA in Energy Management |
MBA in Logistics & Supply Chain Management | MBA in Infrastructure Management |
MBA Big Data Analytics/ Data Science/ Business Analytics | MBA in Agri-Business Management |
MBA in Operations Management | MBA in Entrepreneurship |
MBA in Banking & Financial Services | MBA in Family Managed Business |
MBA in Insurance Business Management | MBA in Sustainability Management |
MBA in Rural Management | MBA Dual Country Program |
MBA Admission Process
Academic achievements till your graduation degree, entrance exams, group discussions, essay writing, and personal interviews are just a few of the criteria used to determine admission to MBA programs in India. These processes are all handled by the individual universities. But not all colleges require entrance examinations.
Eligibility Criteria
- The candidate must have earned a 10+2+3 diploma from a recognized government board in any field.
- The general category requires a minimum score of 50%, while the restricted categories require a minimum score of 45%.
- Applicants with at least two years of work experience are preferred by certain organizations.
- Students who are in their last year may also enroll in this program.
- Foreign students must possess a current passport and student visa.
- For direct admission (the applicant cannot currently work for the government),
Selection Process
- The selection is based on the entrance result.
- Students will be picked by GD, individual interviews, and other rounds depending on the college.
- Students who succeed in these tests can apply for admission.
- Based on merit and performance in these rounds, seats will be allotted.
Students who want to apply to IIM must pass the CAT. They can also apply to top MBA colleges through the MAT/XAT/CMAT/ATMA exams.
Some universities administer their own unique admission entrance exam.
List of MBA Entrance Exams in India
See the Table below for details of the MBA entrance exams in India:
Entrance Exam | No. of Questions | Time duration |
---|---|---|
CAT | 66 | 120 minutes |
ATMA | 180 | 180 minutes |
XAT | 102 | 210 minutes |
IIFT | 110 | 120 minutes |
NMAT | 108 | 120 minutes |
SNAP | 60 | 60 minutes |
GMAT | 80 | 187 minutes |
PGDBA | 50 | 180 minutes |
IBSAT | 140 | 120 minutes |
GATE | 65 | 180 minutes |
Entrance Exams Accepted at Top 10 MBA Colleges in India
CAT, XAT, SNAP, GMAT, CMAT are some of the top MBA Entrance Exams that are held in India. CAT is conducted by the IIMs in turn and is regarded as the difficult entrance exam among all of the management entrance exams.
See the table below for list of MBA entrance exams accepted at Top 10 MBA Colleges in India.
Documents Required For Direct Admission
The list of the documents that you will require while taking MBA admission based on merit, i.e. direct MBA Admission:
- UG Provisional certificate/ Mark sheet
- Identity proof
- !0th / 12th Passing certificate
- Graduation certificate
- Migration certificate
- Photographs
- Entrance test marksheet (if any)
- Category and domicile certificate (if any)
Top Recruiters for MBA Graduates
With an MBA, you may find work in almost any industry. As each company grows, MBA degrees are in high demand. MBA being available in many specializations open up many attractive job opportunities. You can find the top recruiters and the top industries that hire MBA graduates in the tables provided below. The following table is a list of the top businesses/companies in India that hire MBA graduates:
BCG | Cipla | Credit Suisse |
Citibank | Tata | Saint Gobain |
Deloitte ITC | Crisil | Asian Paints |
Larsen & Toubro | PWC | McKinsey&Company |
Mahindra | Philips | RPG |
Avendus | Amazon | ICICI Bank |
Samsung | Pidilite | Flipkart |
Vodafone | Accenture | Microland |
ITC | Infosys | GAR |
Reliance | Microsoft | Aditya Birla Group |
JP Morgan Chase & Co. | Bajaj | Credit Suisse |
McKinsey & Company | HSBC | Saint Gobain |
Nestle | Wipro |
Best MBA Courses in Demand in World
Among all of the MBA specializations, there are some MBA specializations that are in demand in world. Let us see the best MBA courses in demand in world.
MBA in Finance | MBA in International Business | MBA in IT and Systems |
MBA in Healthcare and Hospital | MBA in Business Analytics | MBA in Operations |
MBA in Human Resources | MBA in Retail | MBA in Entrepreneurship |
MBA in Sales and Marketing | MBA in Supply Chain | MBA in Banking and Insurance |
Best Specialization in MBA In India
There many specialisations in India that you can choose from to get your MBA degree. The list below will tell you about the best specialization in MBA in India
- MBA in Business Analytics
Your ability to provide data-driven business solutions will improve with the support of an MBA in Business Analytics. You will discover how to process enormous volumes of data to produce desired results. You will learn how to create practical business solutions as part of this MBA program. Python, digital and online analytics, marketing analytics, HR analytics, financial analytics, big data analytics, and more are all covered in the curriculum. Business analytics offers a wide range of career opportunities, including those as a business analyst, data analyst, predictive modeler, and more.
- MBA in Data Science
There is a huge demand for qualified data scientists on a global scale. One of the highest paying professions nowadays is data science. Professionals may improve their management and analytical abilities by earning an MBA in data science. Modern data-driven technologies will be taught to you in data science. Database administration, programming in R and Python, machine learning techniques, statistical inference, applied data analytics, and other topics are addressed in an MBA in Data Science. You might look into high-paying positions in data science after receiving the degree, including those of data scientist, machine learning engineer, market research analyst, and database developer.
- MBA in Human Resource Management
To improve the standard of company, this specialization focuses on developing excellent organizational abilities. An MBA in HRM conveys knowledge of current HR trends and practices, aids in upskilling in performance management and HR analytics, enhances interpersonal skills, and offers a larger understanding of the HR profession. You may explore profitable HR professions by studying topics like HR analytics, global HRM, training and development, talent management, and employee retention.
- MBA in Operations Management
The crucial field of operations management focuses on the operational side of a corporation. An MBA in Operations Management teaches students how to improve every aspect of organizational workflow, including product development, operations, and final product delivery. This focus provides a more comprehensive understanding of current operations techniques and aids in developing in-demand skills for rewarding career options. You will gain knowledge in corporate resource planning, logistics, and supply chain management, among other topics. Graduates with an MBA in operations management can investigate positions such as operations manager, plant manager, general operations manager, area operations manager, and more.
- MBA in International Business
You can investigate managing positions at leading multinational businesses throughout the world with an MBA in international business. This is the ideal specialty for you if you want to pursue a managerial career in international finance management, international marketing, business development, or global logistics, export & import. The specialty makes it possible to pursue prestigious positions such as export-import manager, international marketing manager, business development manager, and international logistics specialist.
- MBA in Healthcare Management
One of the newest and most popular disciplines to study nowadays is healthcare management. The most recent advancements in the healthcare industry are taught to professionals through an MBA in Healthcare Management. It gives students the chance to investigate managerial and leadership positions in the business side of the healthcare industry. You may learn hospital administration, planning and infrastructure for hospitals, health education and communication, management of healthcare operations, health informatics, and more with this concentration. An MBA might assist you in opening your own hospital or clinic if you are a doctor or other healthcare professional.
- MBA in Marketing
Considering how important marketing is to firms, this specialty is always in demand. You may become a professional who is prepared for the future by studying marketing analytics, marketing communication, digital marketing, sales & distribution, and consumer behaviour. Social media marketing is a popular job choice in today's digitally driven society. With a marketing MBA, you may explore a variety of profitable and interesting career paths, including those as a digital marketing specialist, marketing manager, market research analyst, social media manager, and more.
- MBA in Finance
This MBA concentration focuses on providing professionals with the tools they need to accomplish an organization's financial objectives. An in-depth grasp of financial planning, analysis, taxes, internal audit, treasury management, merchant banking, insurance, and risk management is provided by an MBA in finance. Financial analyst, financial counsellor, corporate finance expert, public accountant, and investment banker are just a few of the lucrative employment responsibilities that may be obtained through specialization.
- MBA in Project Management
You may thoroughly learn how to organize, direct, and achieve a company's most crucial goals with an MBA in project management. You may use this concentration to investigate lucrative employment options in a variety of fields, such as computer technology and construction. You will learn project planning and scheduling, project financing and budgeting, managing people in projects, quantitative approaches in project management, and project risk management in an MBA in project management. The rewarding careers of project manager, project analyst, director of operations, project risk manager, and others are available to them.
- MBA in Supply Chain Management
The supply chain and its operations are better understood because to this specialization. It entails controlling the flow of products and services and making sure they conveniently reach the consumer. You may learn supply chain cost management, inventory management, outsourcing, international logistics, and project contracting with an MBA in supply chain management. Purchasing manager, logistics manager, warehouse manager, inventory manager, and other top positions are available in this sector.
Top MBA Colleges in India Placement Wise
The demand for MBA graduates has increased as a result of the expansion of the IT and business management industries. Because the MBA program provides such a wide variety of specialisation, graduates have access to employment prospects in a variety of areas, such as sports management, human resource management, financial management, etc.
After completing your MBA, you should be aware of the MBA placement packages provided by the best B Schools in India if you want to land a high-paying job. View the list of the top business schools in India according to placement:
MBA Colleges in India | Average Package 2023 (approx.) |
---|---|
IIM Bangalore | Rs. 35.30 LPA |
IIM Calcutta | Rs. 35.10 LPA |
FMS Delhi | Rs. 34.11 LPA |
ISB Hyderabad | Rs. 34.21 LPA |
Masters Union, Gurugram | Rs. 33.12 LPA |
SPJIMR Mumbai | Rs. 33.02 LPA |
XLRI Jamshedpur | Rs. 32.70 LPA |
IIM Lucknow | Rs. 32.20 LPA |
IIM Kozhikode | Rs. 31.02 LPA |
IIM Indore | Rs. 30.20 LPA |
IIFT Delhi & Kolkata | Rs. 29.10 LPA |
SJMSoM IIT Bombay | Rs. 28.88 LPA |
MDI Gurgaon | Rs. 27.67 LPA |
TISS Mumbai | Rs. 27.22 LPA |
IIM Shillong | Rs. 26.96 LPA |
DMS IIT Delhi | Rs. 25.80 LPA |
BITSoM Mumbai | Rs. 23.85 LPA |
SCMHRD Pune | Rs. 23.80 LPA |
IIM Raipur | Rs. 21.04 LPA |
IIM Tiruchirappalli | Rs. 20.55 LPA |
IIM Highest Packages for MBA in India
Let us look at the MBA Packages that are offered to the graduates of most prestigious MBA institutes in India - IIMs
Name of Institute | Highest Package |
---|---|
IIM Ahmedabad | RS. 70 LPA |
IIM Bangalore | RS. 80 LPA |
IIM Calcutta | RS. 60 LPA |
IIM Lucknow | RS. 55 LPA |
IIM Indore | RS. 41 LPA |
IIM Kozhikode | RS. 46 LPA |
IIM Shillong | RS. 48 LPA |
IIM Nagpur | RS. 31 LPA |
IIM Amritsar | RS. 40 LPA |
IIM Rohtak | RS. 22 LPA |
IIM Ranchi | RS. 26 LPA |
IIM Raipur | RS. 28 LPA |
IIM Sirmaur | RS. 26 LPA |
IIM Udaipur | RS. 27 LPA |
IIM Kashipur | RS. 45 LPA |
IIM Bodh Gaya | RS. 20 LPA |
IIM Sambalpur | RS. 18 LPA |
IIM Jammu | RS. 24 LPA |
Which MBA is Best in India?
If you are confused about choosing a perfect MBA course for you, you should start knowing about many aspects of it, like what MBA Specialisation are offered by the top MBA institutes of India. What specialisation is best in future in India, what specialisation is best paid in India.
Let us first start with the MBA Specialization offered by top MBA institutes in India:
MBA Specialization | MBA institute |
---|---|
MBA in Investment | IIM Kozhikode, JBIMS Mumbai |
MBA in Marketing | TAPMI Manipal |
MBA in Human Resource Management | XLRI Jamshedpur, IIM Indore |
MBA in Import-Export | IIFT Delhi, Kolkata; MDI Gurgaon |
MBA in Industrial supply and chain management | UPES Dehradun; LBSIM New Delhi |
MBA Analytical Skills and Business Management | IIM Bangalore; ISB Hyderabad; Great Lakes Chennai |
MBA in Operations Management | SIOM Nashik |
MBA in Banking & Financial Services | IMI New Delhi; IMT Ghaziabad |
MBA in Insurance Business Management | BIMTECH Greater Noida |
MBA in Rural Management | IIM Ahmedabad; IRMA Anand |
MBA in Healthcare Management | GIM Goa; K J Somaiya Mumbai |
MBA in Pharmaceutical Management | NMIMS Mumbai, IESMCRC Mumbai |
MBA in Retail Management | BIMTECH Greater Noida; K J Somaiya Mumbai |
MBA in Energy Management | MDI Gurgaon; UPES Dehradun |
MBA in Infrastructure Management | SCMHRD Pune; UPES Dehradun |
MBA in Agri-Business Management | IIM Ahmedabad; IIM Lucknow |
MBA in Capital and Asset management | IIM Bangalore; EDII Ahmedabad |
MBA in Family Managed Business | SPJIMR Mumbai; ISB Hyderabad |
MBA in Sustainability Management | IIM Lucknow; NMIMS Mumbai |
MBA Dual Country Program | SPJIMR Mumbai; IMT Ghaziabad |
Which MBA Specialization is Best in Future?
Financial management is best to pursue in MBA specialisation, other MBA Specialisation which are best in Future are given in the table below:
MBA in Finance | MBA in International Business | MBA in IT and Systems |
MBA in Healthcare and Hospital | MBA in Business Analytics | MBA in Operations |
MBA in Human Resources | MBA in Retail | MBA in Entrepreneurship |
MBA in Sales and Marketing | MBA in Supply Chain | MBA in Banking and Insurance |
Which MBA specialization is best paid?
Among the different MBA specialisation in India, there are some which are highly paid. The list of the MBA specialization which are best paid in India are as follow:
- Business Analytics
- Information Technology
- Finance
- Marketing
- Economics
- Entrepreneurship
- Data Analytics
- International Business
- Investment Management
- Innovation Management
Let us see some of the Job profiles and the salary you can expect as a fresher, and as an experienced professional:
MBA Profile | Fresher's salary | Experienced Salary in RS. |
---|---|---|
Supply Chain Manager | Rs. 3.4 LPA | Rs. 11.99 LPA |
Operations Manager | Rs. 3.7 LPA | Rs. 9.9 LPA |
HR Manager | Rs. 3.7 LPA | Rs. 10.1 LPA |
Marketing Manager | Rs. 4.1 LPA | Rs. 9.1 LPA |
General manager | Rs. 6 LPA | Rs. 26.20 LPA |
The table below has the list of the MBA specialisations, with average salary that you can expect after graduation from that particular MBA specialisation:
MBA Specializations List | Average Salary |
---|---|
MBA in Marketing | Rs. 7.82 LPA |
MBA in Digital Marketing | Rs. 5.5 LPA |
MBA in Finance | Rs. 7.3 LPA |
MBA in HR | Rs. 5 LPA |
MBA in Business Analytics | Rs. 5.4 LPA |
MBA in Entrepreneurship | Rs. 5.5 LPA |
MBA in Operations | Rs. 7.6 LPA |
MBA in IT | Rs. 5.8 LPA |
MBA in Event Management | Rs. 6 LPA |
MBA in Healthcare | Rs. 6 LPA |
What is the MBA Salary in different MBA Specialisation?
The MBA specializations and the salary range for them is mentioned in the table below:
MBA Specializations List | Range |
---|---|
MBA in Marketing | Rs. 7-25 Lakhs |
MBA in Digital Marketing | Rs. 5-25 Lakhs |
MBA in Finance | Rs. 7-22 Lakhs |
MBA in HR | Rs. 5-8 Lakhs |
MBA in Business Analytics | Rs. 5-18 LPA |
MBA in Entrepreneurship | Rs. 5-20 LPA |
MBA in Operations | Rs. 5-10 LPA |
MBA in IT | Rs. 5-12 LPA |
MBA in Event Management | Rs. 2-18 LPA |
MBA in Healthcare | Rs. 5-12 LPA |
Career Opportunity after MBA in Finance
A different and very popular MBA specialty is finance. International finance, taxation, tax planning, investment management, insurance management, and financial statement reporting and analysis are just a few of the specialization options available to those interested in the MBA program. The following well-known employment profiles are open to candidates after completing an MBA degree in finance:
- Accounting Manager,
- Risk and Insurance Manager,
- Financial Manager/Analyst
- Finance Manager
- Cash Manager Treasurer
Career Opportunity after MBA in Healthcare Management
With an MBA in healthcare management, students can fill a range of management jobs at different medical facilities. Students learn about important everyday tasks, moral judgment, rules, and administrative responsibilities here. Those who pursue an MBA in healthcare administration may find employment as:
- Hospital Administrator
- Pharmaceutical Product Manager
- Healthcare IT Consultant
- Hospital CEO
- Hospital CFO
Career Opportunity after MBA in HR
After getting an MBA in human resources, aspirants could consider working as an HR executive at a firm in the manufacturing sector, BPO/IT, corporate sector, service sector, education sector, banking sector, or other comparable industries. After finishing an MBA degree in human resources, one may start their career as an HR Generalist or HR Specialist. See the list of jobs profile you get to have after completing your MBA in HRM.
An HR Generalist's jobs include:
- Training and Development in Recruitment
- Payroll management,
- coordination of employee benefits, and
- managing competition
For a company or organization, an HR professional is in charge of hiring, onboarding, training, and assessing personnel. The responsibilities of HR managers include overseeing organizational structure, employee motivation, ethics, and general participation.
Career Opportunity after MBA in IT and Systems
Candidates also have the choice of pursuing an MBA in the field of systems and IT. After completing such an MBA degree, one is qualified to work for any company at a competitive pay. After completing an MBA degree in IT and Systems, candidates can pick from the following list of in-demand employment paths:
- Business Development Manager,
- Product Manager,
- Business Analyst,
- IT Manager/Consultant,
- Information Systems Managers,
- Systems Analysts
- Marketing Manager,
- Analytics Manager,
- System Manager, and
- Data Processing Manager,
Career Opportunity after MBA in Operations
Another very popular MBA emphasis is operations. Candidates are made aware of how competitive and well-liked this MBA specialisation is.
Operations jobs in the industrial, e-commerce, IT, and telecom industries are available to MBAs. Candidates may choose to pursue some of the following common job paths after completing an MBA degree in operations:
- Operations Manager,
- Project Managers,
- Inventory Control Managers, and
- Supply Chain Manager
Career Opportunity after MBA in Entrepreneurship
An MBA is helpful in this sector. It enables one to start their own business, achieve success, and make a difference. Access to a wide range of diverse sectors is also made possible by the training. Students not only learn the fundamentals of accounting, marketing, and licensing, but also develop strong business ethics, networking skills, and leadership abilities. Following an MBA in entrepreneurship, the main career opportunities are mentioned below:
- Owner of a small business,
- Corporate Supervisor
- Sales manager,
- Fundraising, and Development
- Business Advisor
Career Opportunity after MBA in International Business
The growing economic linkages between countries make this region appealing. Graduates of MBA programs are given extensive training in this sector on international financial standards, international customs laws, export and import, global market competition, etc. Some of the top job titles after earning an MBA in international business include:
- Marketing Analyst
- Government Affairs Director
- Export Manager
- International Finance Manager
- Export Coordinator
- Administrative Service Manager
- International Business Development Manager
Career Opportunity after MBA in Logistics and Supply Chain Management
Supply chain and logistics management is crucial in a variety of sectors, including manufacturing, e-commerce, retail, and more. Due to the advancement of technology, businesses must focus more than ever on this topic. An MBA in this field will equip the candidate to increase processes' effectiveness by using affordable substitutes. The candidate will learn about a range of topics, including supply chain IT use, organizational behaviour, particular procedures, and strategic management.
In the following industries, job opportunities for those with an MBA in logistics and supply chain management are attractive:
- Supply Chain Performance Analyst
- Demand Planning Analyst
- Supply Chain Consultant
- Warehouse Operations Manager
- Logistics and Transportation Analyst
- Purchase Manager
- Distribution Centre Supervisor
- VP of Supply Chain Operations
Career Opportunity after MBA in Sales and Marketing
One of the most sought-after MBA career specializations is in sales and marketing. The major reason is that there are always plenty of professional options available after graduating from an MBA in Sales & Marketing program. Graduates of an MBA degree in sales and marketing have access to job opportunities in retail, banking, hotels, the media, etc. Candidates can pursue some of the following typical professional paths after graduating from an MBA degree in sales and marketing:
- market research analyst
- sales manager
- product manager
- media planner
- internet marketing manager
Which MBA Specialization is in Demand?
Financial management
This MBA specialisation focuses on providing professionals with the tools they need to accomplish an organization's financial objectives. As in-depth grasp of financial planning, analysis, taxes, internal audit, treasury management, merchant banking, insurance, and risk management is provided by an MBA in finance. Financial analyst, financial counsellor, corporate finance expert, public accountant, and investment banker are just a few of the lucrative employment responsibilities that may be obtained through specialization.
Why pursue MBA in Financial Management?
- The MBA Financial Management Course provides the finest employment prospects and high wages of any MBA programs.
- Students who want to make their mark in the financial industry and who want to further their careers might choose an MBA in Financial Management.
- Candidates will gain knowledge of complicated analytic and quantitative approaches as well as advanced technical tools for solving financial problems, enabling them to tackle challenging issues in high-tech finance.
- There are several opportunities in this important profession both in India and abroad. International firms may also employ financial professionals.
As part of your M.B.A., the Financial Management Program will teach you topics and methods in finance, computer science, and mathematics.
MBA Financial Management Syllabus
Semester One | Semester Two |
---|---|
Management Theory and Practice | Marketing Management |
Organizational Behaviour | Financial Management |
Accountancy for Managers | Human Resource Management |
Managerial Economics | Operations Management |
Statistics for Managers | Research Methods for Business |
Semester Three | Semester Four |
---|---|
Operations Research | Entrepreneurship |
Strategic Management | Security Analysis and Portfolio Management |
Financial Markets, Treasury & Risk Management | Financial Analysis and Reporting |
International Financial Management | Management Information Systems |
Strategic Cost Management | Final Project Report |
A different and very popular MBA specialty is finance. International finance, taxation, tax planning, investment management, insurance management, and financial statement reporting and analysis are just a few of the specialization options available to those interested in the MBA program. The following well-known employment profiles are open to candidates after completing an MBA degree in finance:
- Accounting Manager,
- Risk and Insurance Manager,
- Financial Manager/Analyst,
- Finance Manager
- Cash Manager Treasurer
Which MBA is best in the world?
Many students consider a number of international business schools to be their ideal universities because of their expansive campus amenities, outstanding reputations, and placement services. Some of the most renowned and prestigious business schools in the world are listed below:
- Stanford Graduate School of Business, Stanford (CA), United States
- Harvard Business School, Boston (MA), United States
- University of Pennsylvania (Wharton), Philadelphia (PA), United States
- MIT (Sloan), Cambridge (MA), United States
- London Business School, London, United Kingdom
- IE Business School, Madrid, Spain
- INSEAD, Paris, Singapore, France
- Columbia Business School, New York (NY), United States
Frequently Asked Questions about Which MBA is Best?
Q. Which MBA is best paid?
Ans. Among the different MBA specialisation in India, there are some which are highly paid. The list of the MBA specialization which are best paid in India are as follow:
- Business Analytics
- Information Technology
- Finance
- Marketing
- Economics
- Entrepreneurship
- Data Analytics
- International Business
- Investment Management
- Innovation Management
Let us see some of the Job profiles and the salary you can expect as a fresher, and as an experienced professional:
MBA Profile | Fresher's salary | Experienced Salary in RS. |
---|---|---|
Supply Chain Manager | Rs. 3.4 LPA | Rs. 11.99 LPA |
Operations Manager | Rs. 3.7 LPA | Rs. 9.9 LPA |
HR Manager | Rs. 3.7 LPA | Rs. 10.1 LPA |
Marketing Manager | Rs. 4.1 LPA | Rs. 9.1 LPA |
General Manager | Rs. 6 LPA | Rs. 26.20 LPA |
Q. Which MBA is best in India?
Ans. If you are confused about choosing a perfect MBA course for you, you should start knowing about many aspects of it, like what MBA Specialisation are offered by the top MBA institutes of India. What specialisation is best in future in India, what specialisation is best paid in India.
Let us first start with the MBA Specialization offered by top MBA institutes in India:
MBA Specialization | MBA institute |
---|---|
MBA in Investment | IIM Kozhikode, JBIMS Mumbai |
MBA in Marketing | TAPMI Manipal |
MBA in Human Resource Management | XLRI Jamshedpur, IIM Indore |
MBA in Import-Export | IIFT Delhi, Kolkata; MDI Gurgaon |
MBA in Industrial supply and chain management | UPES Dehradun; LBSIM New Delhi |
MBA analytical skills and business management | IIM Bangalore; ISB Hyderabad; Great Lakes Chennai |
MBA in Operations Management | SIOM Nashik |
Q. What are the career opportunities after MBA in Healthcare Management?
Ans. With an MBA in healthcare management, students can fill a range of management jobs at different medical facilities. Students learn about important everyday tasks, moral judgment, rules, and administrative responsibilities here. Those who pursue an MBA in healthcare administration may find employment as:
- Hospital Administrator
- Pharmaceutical Product Manager
- Healthcare IT Consultant
- Hospital CEO
- Hospital CFO
Q. What are the career opportunities after MBA in HR?
Ans. After getting an MBA in human resources, aspirants could consider working as an HR executive at a firm in the manufacturing sector, BPO/IT, corporate sector, service sector, education sector, banking sector, or other comparable industries. After finishing an MBA degree in human resources, one may start their career as an HR Generalist or HR Specialist. See the list of jobs profile you get to have after completing your MBA in HRM
An HR Generalist's jobs include:
- Training and Development in Recruitment
- Payroll management,
- coordination of employee benefits, and
- managing competition
For a company or organization, an HR professional is in charge of hiring, onboarding, training, and assessing personnel. The responsibilities of HR managers include overseeing organizational structure, employee motivation, ethics, and general participation.
Q. What is the MBA Salary in different MBA Specialisation?
Ans. MBA Salary in different MBA Specialisation mentioned below:
MBA Specializations List | Range |
---|---|
MBA in Marketing | Rs. 7-25 Lakhs |
MBA in Digital Marketing | Rs. 5-25 Lakhs |
MBA in Finance | Rs. 7-22 Lakhs |
MBA in HR | Rs. 5-8 Lakhs |
MBA in Business Analytics | Rs. 5-18 Lakhs |
MBA in Entrepreneurship | Rs. 5-20 Lakhs |
MBA in Operations | Rs. 5-10 Lakhs |
MBA in IT | Rs. 5-12 Lakhs |
MBA in Event Management | Rs. 2-18 Lakhs |
MBA in Healthcare | Rs. 5-12 Lakhs |
Q. Which MBA Specialization is in Demand?
Ans. Financial management is the most demanded MBA Specialisation.
This MBA specialisation focuses on providing professionals with the tools they need to accomplish an organization's financial objectives. As in-depth grasp of financial planning, analysis, taxes, internal audit, treasury management, merchant banking, insurance, and risk management is provided by an MBA in finance. Financial analyst, financial counsellor, corporate finance expert, public accountant, and investment banker are just a few of the lucrative employment responsibilities that may be obtained through specialization.
Q. Why pursue MBA in Financial Management?
Ans. Pursue MBA in Financial Management listed below:
- The MBA Financial Management Course provides the finest employment prospects and high wages of any MBA programs.
- Students who want to make their mark in the financial industry and who want to further their careers might choose an MBA in Financial Management.
- Candidates will gain knowledge of complicated analytic and quantitative approaches as well as advanced technical tools for solving financial problems, enabling them to tackle challenging issues in high-tech finance.
- There are several opportunities in this important profession both in India and abroad. International firms may also employ financial professionals.