Top 5 MBA Specializations in India
There are many specializations provided in MBA among which it is very difficult to choose which specializations to opt for. There are new MBA specializations courses that are coming up in the market like MBA in Sports Management or MBA in Hospitality & Tourism, most Indians are wary of their credibility and reputation in the job market. Among all these the Top 5 MBA Specializations in India that most of them opt for are:
Finance MBA in Finance has lot of job offers in the market. The one who has completed MBA in finance can work in investment banks, security firms etc. Apart from these it offers various jobs in this cooperate world. The one who prepares the finance reports, the one who analysis the finance, the one who develops the finance strategies can become Account Manager in future. Finance Management basically deals with numbers and balance sheet so if you are interested in this field then you should be perfect in all these need to have good analytical skills and should be more comfortable to work with here. Finance specialization in MBA will help you to make offers in various companies like investment banking, merchant banking, financial consultancies, financial institutions, and international finance. MBA in Finance helps to prepare to write few certificate exams like CPA-Certified Public Accountant exam or the equally venerated CFA -Chartered Financial Analyst exam. The one who does MBA in Finance can become Bankers, credit managers, Risk and Insurance Managers, Management consultants, Investment Banking Associates and later Investment, Treasurers and Finance Officers and •Controllers (who prepare budget reports for regulatory agencies and business management, do audits and prepare cash management strategies)
MBA in marketing Specializations MBA in marketing specializations is basically meant for leaders. They need to be very dynamic, competitive, need to have excellent communication skills and mobilizations skills. MBA in Marketing offers career with full responsibility, challenges and growth offers. Each and every specializations that are offered in MBA have its own importance. MBA in Finance depends upon the number of products that are sold and the interest rates. Whereas MBA in Marketing depends upon the results and experience that counts. MBA in Marketing is a cup of tea for those who has outgoing personality, who can influence the people in the market with words and action. MBA in Marketing can lead you for good pay packages as Brand Manager, Project Manager, Sales Manager, Marketing Manager, Market Research Analyst, Area/Regional Manager and even to the position of Chief Marketing Officer (CMO).For more practical and real time exposure one should MBA from a top business school top MBA College in India. MBA in Marketing will lead to good pay packages and can work as Brand Manager, Project Manager, Sales Manager, Marketing Manager, Market Research Analyst, and Area/Regional Manager and even to the position of Chief Marketing Officer (CMO).
MBA in Operations MBA in operations basically deals with production management and shop floor management here one will basically learn to maintain the process flow, develop the vendor and inter departmental relationship. With MBA in Operations you start your career with product manager, Technical Supervisor and reach the position of Chief Technology Officer (CTO) or General Manager of a company.
MBA in Operations helps you to work in the fields of material and supply chain management, quality control, logistics, inventory control, and production planning and improvement. MBA Operations includes some of the aspects related to Software Project Management but only with a limited scope.
MBA in Operations Further this MBA in Operation Management is divided into two parts: • Production or Manufacturing Operations • Service Operation
Candidates with engineering background can go for MBA in Operations as it will be easy for them in product development and designing, intranet development and process optimization. Candidates with MBA in operations also get an offer to work with consultancies they basically get involved with outsourcing, resource management, customer service, pricing and manufacturing optimization as well as marketing optimization.
MBA in IT
MBA in Information technology is one of the most important specializations in MBA. A software engineer or the IT graduate can go for MBA in IT. Aspirants who have done MBA in IT can work as System Analyst, Technical Systems Manager, Technical Consultant, and Business Development Manager. If you are a good programmer, have good technical skills and have knowledge of business domain then one can go for MBA in IT. Aspirants with MBA in IT are also eligible to work as business analyst, Pre-Sales or Business Development Manager, Sales or ERP Consultant, Project Manager, QA Manager, Functional or Process Consultant
MBA in HR (Human Resources) MBA in HR is a type of a job where in the aspirants involve from Recruitment and Selection of personnel to deciding Compensation to Employee Training and Development to Job Analysis and Performance Appraisals. Apart from all these they also make their career in Industrial Relations Manager or developing cross-cultural working environment in multinational and global companies. An HR Expert is always needed in a company whether they are hiring more people or whether they are firing people to cut down the cost. The aspirants in MBA in HR should have a inspiring personality, should be dependable and confident. An HR in a company is the basic interaction between the company and its employees and an efficient Human Resources department. They play an important role in keeping business operations smooth and effective. There is a good salary package provided for HR’S in the company. There top MBA Colleges in India which provide MBA in HR Specializations. A Recent study has shown that most of the top MBA Institutes in India have done 100% placements in all the colleges they go for recruitment .Doing MBA from a top b-school will offer high quality curriculum with an expert faculty programme. MBA specializations depends on personality, skills and career goals.