MBA or Master of Business Administration is a preferred career choice amongst graduates. So, are you thinking to pursue an MBA course? But, confused as to which MBA specialisation to pick up? Don’t worry! We have shortlisted the most common types of MBA in India. This MBA courses list shall guide you in building a successful career. You will learn about the Best MBA Courses in India with relevant details on each specific stream.
An MBA degree opens up new doors of magnificent opportunities in the field of business management. You hold an MBA degree from a reputed top Institute, you are likely to earn a competitive edge over others.
MBA Courses in India: Key Points
- MBA is one of the most coveted educational courses after graduation.
- There are different types of MBA in India offering specialization in a variety of fields.
- There’s no age bar on pursuing an MBA course. You wish to do it, you can opt for it!
- Moreover, persons from various backgrounds like commerce, information technology, arts etc. can select an MBA program based on their skills and interest.
- You can gain in-depth knowledge and deeper insights in the subject that you opt for.
You’ll get to see a whole lot of variants when it comes to choosing the Best MBA courses in India. But, choosing the best one seems a tedious task. So, we have simplified this for you. We have highlighted the list of some highly popular and Best MBA Courses in India.
5 Best MBA Courses in India: Types & Specializations
1. MBA in Finance & Accounting:
MBA in Finance or MBA in Finance & Accounting is the topmost selection, the most popular amongst management aspirants. In fact, this is one of the most sought after MBA specialization in India as well as abroad.
If you step ahead in this direction, you shall gather knowledge and gain expertise in:
- Management accounting
- Financial accounting
- Capital market
- Money market.
- Corporate governance
- Corporate finance
- International finance.
Basically, you become a dynamic finance professional knowing minute details on complex financial topics. Based on the college/university you wish to pursue this course, you may get to do MBA in Finance or MBA in Finance & Accounting.
Career Scope: After completing your MBA Finance, you can land yourself a good job in financial institutions, banking sector, corporate and international finance areas.
If you are a commerce student, you may also like to checkout Best Career Options for Commerce Graduates.
2. MBA in Marketing:
This is a powerful addition to the MBA courses list. Marketing, advertising & public relations are the three pillars on which this MBA is based.
While studying this MBA course, you shall primarily learn about:
- Consumer behaviour
- Business to business (B2B) marketing
- Product management
- Marketing strategies
- Sales & Distribution management
You need to grow your marketing skills and make them more impressive over a period of time. To sum up, you are taught useful aspects of Marketing management and how to apply them in growth of a business.
Career Scope: It’s easy to enter the corporate world if you hold an MBA in Marketing from a recognised college/university. You can step forward to get enrolled as a Marketing manager, Marketing strategist, PR manager or a marketing expert for that matter.
3. MBA in Information Technology:
An all time favourite of IT professionals, an MBA in IT gives new dimensions to their career. IT businesses are in need of smart and qualified managers to handle big teams and complicated projects. So, in this technologically advanced world, the importance of an IT expert plus a capable manager can’t be ignored.
MBA in IT helps you grab the following additional skills to manage cumbersome tasks easily:
- Project planning
- Project design
- Managerial decision making
- Globally distributed services
- IT and its Impact on business and different sectors
Hence, an MBA in Information Technology (IT) prepares you to become future IT managers. It helps you possess requisite knowledge to run and manage a business and diversified technical projects.
Career Scope: If you are lucky to get an MBA in IT from a top-notch business school in India then things get quite simplified. You can climb the IT and managerial ladder hand-in-hand. Technology combined with management skills is in itself strong base for a lucrative career.
4. MBA in International Business (IB)
MBA in International Business has also gained traction in the past few years. Globalisation and rise of Multinational corporations have led to the emergence and preference of such courses. MBA in IB offers you in-depth knowledge on organisational skills necessary for international operations.
While pursuing this MBA course, you will have access to:
- Foreign exchange Management
- Export & Import management
- International Finance
- International Marketing
- International Logistics
So, you’ll learn to manage the international operations and global clients. An MBA with a focus mainly on MNCs and international business.
Career Scope: It’s not that easy to gain success in this field. You have to put in extra hard work and efforts to get acquainted to international markets. If you pursue MBA Course from a top university/college, you have increased chances for brighter job prospects.
Looking for a global certification, have a look at CFA Certification: How to become a CFA? and CFA Level 1 Exam Course Fees, Eligibility, Program Registration Details
5. MBA in Human Resource Management (HR)
MBA in HR, another demanding career option for MBA aspirants all around. If you look forward to become a significant part of the human resource department, its functions and HR strategies, this one is for you. You get trained to manage workforce in an organisation. Some colleges might offer a slight variant known as MBA in Organisational Behaviour & HR.
MBA in HR basically provides you an overview as well as insights of:
- Workforce management
- Organisational Behaviour
- Leadership skills
- Personal values & attitude
- Cultural & organisational diversity management
You learn about employee psychology and how to manage the demand and supply in labour markets.
Career Scope: Although, you can get a decent start. But, you need to possess good communication skills and great leadership traits to climb the ladder of success in the HR field.
MBA Courses in India: List to Add on
- MBA in Leadership
- MBA in Entrepreneurship
- MBA in Supply Chain Management
- MBA in Operation Management
- MBA in Innovation
- MBA in Strategy
- MBA in Healthcare
- MBA in Infrastructure
- MBA in Business Economics
- MBA in Import & Export
- MBA in Hospitality
- MBA in Transport & Logistics
- MBA in Decision Sciences
- MBA in Economics & Social Sciences
The list just goes on and on… These are the common MBA options that you shall come across. Did we miss any important course here. Do let us know in the comment section.
Kindly note: This MBA Courses list has been prepared based on our research. However, the popularity of courses may change as per the market demand and supply factors. The trends may differ in different scenarios.
Also, there might be a slight variation in the course name (including subjects) based on the University/Institute from where you pursue it. Do check the relevant course details beforehand from the respective institution.
You may also like: Best Career Options in Stock Market
MBA Courses in India: Scope & Importance
At the end of the day, it’s your interest in a particular field that matters the most. You should choose the subjects and courses that you enjoy studying. However, the scope and prospects of a particular specialisation must also be considered. After all, you shall be putting your best efforts to build a successful and bright career. Right!
To conclude, MBA can be pursued in the following ways:
- On Campus: Classroom studies
- Online MBA courses
- Distance MBA courses
No doubt, a full time MBA course from a top business school shall hold more value as compared to other options. But, that doesn’t mean all brilliant students get placed in top business schools in India. Its your hard work and determination that pays you back.
You are a new age student! You are free to choose the subjects of your choice to build a strong career. Think wisely and lay a solid career foundation to become successful in life.
So, are you an MBA aspirant looking to join a good course? What do you think about the plethora of MBA courses in India? Which one do you like? Feel free to share your feedback on the same.