Top 10 MBA Courses-Most In-Demand MBA Specializations

Top MBA courses

With evolving industry needs, the roles of managers have also very critical in creating efficiency and helping growth in today’s competitive environment. It is not a surprise that the way MBA is taught has also changed over this industry evolution. Specialisation in MBA is in vogue now! So, what are top MBAs specializations that are fitting the diverse industry needs? Scroll Download.

Top MBA courses in India: A Masters in Business Administration (MBA) is perhaps one of the most sought-after programmes in India and over the world. This is so because the programme helps aspirants to enhance and develop their current skills to take up responsibilities which entail leadership, planning, organising and supervising. Many professionals take it as a stepping stone for climbing up the proverbial management ladder in an organization. While earlier, a general MBA programme would suffice for candidates to handle responsibilities across sectors, with time the need for specialized MBAs has increased, thanks to the evolving industry needs and continual expansion of fields like Advertising, Information Technology, and Corporate Social Responsibility among others. The question here is: which are the top MBA courses in India?

Before deciding from the top MBA courses in India, one should evaluate their interest areas and also the sector in which they have experience.

Here are the top MBA courses in India:

1. MBA in Marketing

An MBA in marketing is perhaps the most popular management programmes among management aspirants in India as well as abroad. Marketing covers a wide range of areas like Advertising, Sales, Branding, Communication and International marketing. Of course, students can go one step ahead and pursue an MBA in one of these super specialisations, however, pursuing an MBA in marketing opens opportunities in all the mentioned areas. One can even explore entrepreneurial vocations after pursuing an MBA in marketing. A lot of graduates take the consultancy route after taking up market research. A typical marketing management course includes brand management, marketing ethics, sales forecasting, marketing planning, industrial planning among others. It is generally pursued as a two-year programme, however, professionals in sales and advertising with a few years of experience, can pursue an executive level degree. Generally, the experience required for executive marketing programmes are three to five years, although, many candidates who pursue executive programmes are known to have ten to twelve years of experience, too. As explained earlier, marketing managers have a lot of path open in front of them. They can take up sales, communication, branding. The plethora of areas indeed makes an MBA in Marketing one of the top MBA courses in India.

Top Colleges Score
accepted
Indian Institute of Management, Ahmedabad CAT
Indian Institute of
Management, Bangalore
CAT
Indian Institute of Management, Calcutta CAT
Faculty of Management Studies, New Delhi CAT
XLRI, Jamshedpur XAT

 

2. MBA in Human Resource Management

We need to first understand what is meant by Human Resources. In simple terms, Human Resources looks after the hiring and maintenance of the workforce. While explaining it simply might make it sound an easy job, but handling the operations of all the employees of an organization is no mean feat, especially, since this includes meeting the aspirational needs of both the organization and the employees. This is where an MBA in human resources come in handy. An HR manager is expected to look into the compensation, training and performance of employees, which in itself requires the manager to be equipped with such skills. Pursuing an MBA in HR hones such skills in you. A management degree in HR is one of the top MBA courses in India and helps students to enhance their communication and diplomatic skills, which comes as an asset at the time of dealing with sensitive issues with employees. An MBA in HR is generally a two-year programme. Graduates can work in corporates, schools, NGOs, media companies and even take up consulting jobs.

Top Colleges Score
accepted
Xavier Institute of Management, Bhubaneshwar XAT
XLRI, Jamshedpur XAT
MDI, Gurgaon CAT
Tata Institute of Social Sciences, Mumbai TISSNET
NMIMS NMAT by GMAC

 

3. MBA in Finance

sought-after management specializations. This is not only because the job opportunities in this specialization are lucrative, but also because the career pathways are innumerable. A finance MBA graduate can work at a bank, a financial firm, a media organization, consultancies, and investment firms among others. But, what exactly is the work of a finance manager? In general terms, a finance manager looks after the monetary aspects in an organization. This may include controlling, managing, and planning the even distribution of financial resources in an organization. A degree in Finance management can be of two years in duration. Students get to study various aspects of the specialization like costing, budgeting, securities, and international finance among others. Some business schools also offer executive programmes in financial management to mid-to-senior level professionals who might want to enhance their prospects of getting managerial responsibilities in the finance department. The programmes popularity also means admission is competitive, at least, compared to the other specializations.

Top Colleges Score
accepted
Indian Institute of Management, Ahmedabad CAT
Indian Institute of Management, Bangalore CAT
Indian Institute of Management, Calcutta CAT
India School of Business, Hyderabad GMAT
XLRI, Jamshedpur XAT

 

4. MBA in Information Technology

This is one of the newer breed of specializations that is gaining traction in the Indian sub-continent and is being increasingly considered as one the top MBA courses in India. But first, let’s discuss what encompasses information technology or IT. Information Technology includes the management of telecommunications and software system in an organization. IT officials have to look after and set up the IT infrastructure in the organization. They are responsible for the network, internet security, databases and the storage systems. Most IT professionals have a bachelor’s degree in computers science or information technology itself. However, professionals who want to explore or climb up the managerial ladder, are advised to first get a degree in Information Technology. IT Managers are responsible for managing the IT set-up and resources of a company and help in the optimum utilization of resources. Candidates can also pursue project management in IT, Electronic business, IT and entrepreneurship among others. Most IT managers join project management, supply chain management, product management, business development and big data management.

Top Colleges Score
accepted
Indian Institute of Management, Bangalore CAT
Indian Institute of Management, Ahmedabad CAT
Indian Institute of Management, Lucknow CAT
Indian Institute of Management, Calcutta CAT
International Management Institute – New Delhi CAT, MAT

 

5. MBA in Operations Management

One of the most multidisciplinary management areas, Operations management is meant for those who are interested in planning and supervising processes. Operations managers can work in the realm of products or services. They are mainly entrusted with the task of planning and supervising process that may entail manufacturing or services. Operation managers usually take up roles in supply chain managers or logistics in a company. Hence, it is important to have skills which can fulfill client requirements as well as take care of cost effectiveness. Operations managers are expected to be skillful in coordinating and communications within and outside the organization. Having an Operations Management degree could help professionals take up leadership roles in supply management systems. Freshers can upgrade their skills to align with the requirements of the industry and roles they wish to take up. Needless to say, the role of an operations manager is not limited to just one aspect and can vary depending on the industry where such management is required. Many companies allow employees to enroll for executive level MBA programmes in Operations management.

Top Colleges Score
accepted
SP Jain Institute of Management Research, Mumbai CAT
Indian Institute of Management, Calcutta CAT
Indian Institute of Management, Lucknow CAT
Indian Institute of Management, Bangalore CAT
NITIE, Mumbai CAT

 

6. MBA in Sports Management

It is easy to see that sports activities have expanded into behemoth industries. Be it Baseball, soccer or cricket, every sport is run by multiple bodies with clear organizational structures. Popular names in this regard maybe the Indian Premier League, European Premier league, FIFA, The NBA, and NFL among others. Having a proper organizational structure means there is a need for managerial personnel who can supervise and plan the various requirements of the company, keeping in mind that it is the sports sector and the demands are different for this industry. The important and intriguing question is what is included in a sport MBA curriculum. In most business schools, the curriculum is similar to other MBA programmes. Students are taught Organisational Behaviour and Leadership, Financial Management, Operations and Supply Chain Management, and Marketing communications among others. However, what sets this programme apart is that students get to study sports economics, sports marketing and sports data. Some business schools also give students lessons on strategy. In India, not many business schools offer sports management although it is considered among the top MBA courses in India. Business schools that offer sports management, offer it as a 2-year programme. Most of these colleges accept scores of CAT, SNAP, XAT or CMAT.

Top Colleges Score
accepted
Symbiosis International University SNAP
IISBM, Kolkata CAT
MIT School of Management, Pune CAT, MAT, XAT
International Institution of sports management, Mumbai SMAT
Institute of Sports Management, Pune CAT

 

7. MBA in Healthcare

This one of those niche management programmes like sports management. An MBA in healthcare management, also one of the top MBA courses in India, equips one with the necessary skills to handle the challenges faced by the healthcare sector. While the role was traditionally taken up by students with regular MBAs, in recent years, the requirement of students with specialized healthcare management degrees have increased. Decision making and critical thinking along with understanding how the healthcare industry functions are important skills that a healthcare manager should have during the MBA programme. Healthcare graduates can work in the private as well as public sector. Many can work in the social sector, too depending on their aspirations and demand. Being a niche MBA programme, it is not offered by many business schools in India. This programme can also be pursued through an executive MBA or online. Those pursuing the full-time MBA programme would have to invest in a two-year course.

Top Colleges Score
accepted
Symbiosis International University SNAP
Manipal School of Management-Manipal CAT
DY Patil University CAT, CMAT
Galgotias University GUMAT

 

8. MBA in International Business

One of the top MBA courses in India, this management programmes is meant for students who aspire to work on a global platform. In fact, with the world becoming a global village, there is a high demand of managers with a degree in International Business. The curricula is similar to the general MBA programmes, however, students are given a more global view of business scenario, its challenges and approach various tasks related in the area. Manager in International Business are generally in demand at Multinational and Transnational companies. Some of the areas that students can explore in this programme are Financial and International trade, Global compliance, Merger and Acquisitions, international contracts and global operations among others. Students can also add to their degree by taking language courses within the programme like Mandarin or French. With international trade expanding in the last few years, the demand for MBAs in International Business has shot up too.

Top Colleges Score
accepted
Indian Institute of Foreign Trade, Delhi CAT
Symbiosis International University SNAP
ICFAI Business School, Hyderabad CAT, IBSAT

 

9. MBA in Corporate Social Responsibility

Don’t think the usual dose of finance and marketing MBAs is enough for you? You could select something from a niche area: MBA in Corporate Social Responsibility. Interestingly, Corporate Social Responsibility has always been a part of big and small organisations worldwide. In India, in particular, the term caught a lot of attention after the government made it mandatory for corporates to contribute two percent of their profit in Corporate Social Responsibility. But why would you need a management degree in Corporate Social Responsibility? Well, because, like other areas of a business, this area requires equal amount of planning, organizing and supervising. A CSR manager’s responsibility extends to maintaining industrial relations, finding avenues for the organization to contribute to the society and manage the risks involved in such interactions. A lot of sensitive areas come under Corporate Social Responsibility: women empowerment, child education, environment campaigns. A Corporate Social Responsibility manager should be able to explore causes that fits into the company profile and also map out ways to explore these areas without treading on insensitivity. Students can pursue a regular MBA in Corporate Social Responsibility for a duration of two years or pursue one-year programmes.

Top Colleges Score
accepted
CSR: Center of Excellence, Mysore CAT
Institute of CSR & Management, Delhi CAT
Faculty of Management Studies, Delhi CAT

 

10. MBA in Entrepreneurship

This is one specialization that grooms aspirants to take up entrepreneurship instead of taking up a job after they graduate. However, it is not just limited to just entrepreneurship; some even join start-ups. Most pursue an MBA in Entrepreneurship to expand their networks within a sector. This kind of MBA usually focuses on networking, building leadership skills, team handling and decision-making skills. An important part of the programme is risk management. The good news is that there is plethora of ways to pursue an MBA in Entrepreneurship. Candidates can take up entrepreneurship management courses in different modes and multiple ways – from online to two year full-time, executive and even certificate programmes.

Top Colleges Score
accepted
NMIMS, Mumbai NMAT by GMAC
Xavier Institute of Management & Entrepreneurship (XIME), Bangalore CAT, XAT
S.P. Jain Institute of Management & Research, Mumbai CAT
Entrepreneurship Development Institute of India, Gandhinagar CAT
Indian Institute of Management, Bangalore CAT

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