Masters in Business Administration or MBA is the program that helps the candidates to gain knowledge on various Business related aspects along with the best career opportunities with the best pay scales. MBA is a 2 years program that deals with different areas and makes students expertise in their desired field. In the first year of MBA, Students gain basic knowledge about the various sectors and management concepts, along with Organization Behaviour. The Second Year of MBA is totally based on the Chosen MBA specialization electives. Students who want to gain knowledge along with high salary packages need to choose the best and Top Colleges with Good reputations.
There are also different exams like XAT, CMAT, GMAT, IIFT, etc exams scores are preferred in admitting to the Top MBA Colleges in India.
Top 9 MBA Specializations in India
The top 9 MBA specializations that most of the students pursuing in India are
- MBA in Finance
- MBA in Human Resources. Management
- MBA in. Information Technology
- MBA in Business Management
- MBA in Rural Management
- MBA in Operations Management
- MBA in Business Analytics
- MBA in Event Management and
- MBA in Healthcare Management
How to Choose MBA specialization
As there is a wide range of MBA specializations available for students in India, they often get confused to select the best specialization based on their interests and preferences. We are providing a few parameters for you to choose the best MBA specializations based on your preference.
The following are basic parameters to check while choosing MBA specializations:
- Opportunities of MBA Specializations: Students Who want to choose the best MBA Specialization to need to check the different career options related to the MBA specialization. The Wider the Opportunites provides the pool of job offers after completion of MBA Specialization.
- Length of the MBA Specializations: The length of an MBA is different from PGDM programs. So, Students need to check the program’s length before applying for MBA Specializations.
- The Reputation of Insititute of choosing MBA Specialization: Students need to check the reputation of the Institution they want to apply for before applying to the College.
- Return on Investment of MBA specialization: Students must check the MBA specializations which provide twice or more times of Return on the Investment spent on the program.
- Faculty for MBA Specialization: Students should check the academic background of faculty for MBA specialization. Faculty with high degrees with excellent knowledge and practical skills will help you to reach your destination without any huge struggles.
Top MBA Specialization with Details:
MBA in Finance
The Master of Business Administration (MBA)Specialization in Finance provides knowledge on the management, control, and review of money collection, investment, and resources. This course provides a variety of chances in the finance area, allowing students to learn and earn by evaluating company reports, anticipating business trends, maximizing stock prices and profitability, reducing financial risks, and managing the capital investment. A good background in mathematics and accounting is required for an MBA in finance.
What does the MBA in Finance course teach?
There is a specific syllabus that students are taught in MBA in Fiance which includes courses that mainly deal with the finance area. The following are the courses that teach MBA in Finance in total course duration.
|Quantitative methods for management.||Corporate Finance||Advance Finance Management|
|Organization behavior||Marketing Concepts and Practice||Finance Market and Institutions|
|Managerial Economics||Strategic Management||Information Technology for Finance|
|Accounting for Managers||Human Resource Management||Macro Economics|
|Business Communication||Investment Analysis and Portfolio Management||Treasury and Risk Management|
|Business and Corporate laws||Public Finance Administration||Productions and Operations Management|
Skills Required for Mba in Finance
There are different sets of skills that students need to pursue an MBA specialization, especially in the Finance area. And these skills increase opportunities for students to grow and settle in the finance sector. The following are the skills required to study MBA in Finance.
- Strategic thinking
- Mathematical skills
- Leadership skills
- Communication skills
- Supervisory Skills
- Time Management
- Logical reasoning.
Top Colleges for MBA in Finance
The following are Top 10 MBA in Finance Colleges in India are
- S.P. Jain Institute of Management and Research(SPJIM&R)- Mumbai.
- Narsee Monjee Institute of Management Studies(NMIMS) – Mumbai.
- Lal Bahadur Shastri Institute of Management (LBSIMS)- Delhi( NCR).
- K.J. Somaiya Institute of Management Studies and Researches(KJSIMS&R) – Mumbai.
- Xavier Institute of Social Services – Ranchi.
- Amritsar Group of Colleges
- International School of Business and Media(ISB&M) – Pune.
- National Institute of Bank Management(NIBM) – Pune.
- Jamnalal Institute of Management Studies(JIMS) – Mumbai.
- Jain University, Bangalore
Career after MBA in Finance
As dealing with Money is common everywhere. It means either to invest in stocks, or operations related to Companies Budgeting or financial reports analysis at the end of the academic year. All these are related to the Finance area. So, there is a wide range of Career Opportunities available for students who are pursuing an MBA in Finance specialization. There are various career opportunities like Corporate Fiance, Asset management, Treasury, Credit Risk Management, Trading, Stock market, Corporate Banking, Private Equity, Investment banking, etc.
Popular Careers after MBA in Finance:
- Corporate Banking: Corporate Banking includes traveling to different branches of the bank to handle the bank’s products in marketplaces, treasury, commerce, operations, and debt capital markets, as well as assisting in trade execution. A corporate banker’s annual pay is projected to be about ten lakhs.
- Investment Banking: An Investment banker’s employment profile is unique from that of other professionals. The skills are increasingly dependent on speculations along with extensive knowledge in the fields of economics and finance. Broad awareness of statistics and analytical expertise is required for making future investment decisions. It is one of the best-paying jobs in the country because the work requires spending capital in the most efficient way.
- Corporate Finance: Corporate finance is concerned with creating the correct use of a company’s financial resources. Raising capital, managing financial resources, capital structuring, dividend payout decisions, and making critical investment decisions are all examples. Corporate finance is a popular choice among MBA graduates since it is regarded as a respectable profession. Accounting and financial analysis are important qualities to have.
- Private Equity: Private equity firms buy private companies with the goal of increasing their long-term value so that they can eventually sell them for a profit. Financial modeling, industry understanding, and business expertise are just a few of the necessary talents. Since employers prefer significant Private Equity finance experience, it might be difficult to enter directly after an MBA.
- Equity Research: The position that involves a lot of market research, as well as individual company study and report writing. To pursue this career, you will need strong financial analysis abilities as well as knowledge of the newest market news. As one advance in this field, they may be able to manage their own portfolio or fund. This profession demands analytic skills in order to fully understand a company based on its statistics.
MBA in Human Resource Management
The MBA Specialization in Human Resource Management is a very challenging profession that offers a variety of opportunities with greater pay packages. In either organization, an HR manager plays a critical function. With work opportunities in this industry available all around the world, you can make a great career in this subject. Moreover, Employees, department leaders, and CEOs all interact with HR professionals. Various personnel and departments are required to fulfill their work.
What does an MBA in Human resources Management Specialization teach?
AN MBA in Human Resources Management covers all the topics related to Human Resources like Payroll, labor laws, human resources, and their industrial relations, etc topics that are widely needed in the working places. The following are the courses that are taught in MBA in Human Resources Management in the total course duration.
|Employment Relations Law -(Law of Industrial Relations)||Fundamental of Labour Laws|
|Fundamental of Human Resources Management||Human resources Planning|
|Employment Relations Law- (Law of Social Security)||Performance Management and Appraisal|
|Fundamental of Industrial Relations||Wage Determination and Administration|
Skills Required for Human resource management
As the Human Resource professionals deal with all the employees in the company they need some specific set of skills to solve the issues in the company.The following are the skills required for students who want to pursue MBA Specialization in Human Resource Management.
- Strategic Thinking and Planning skills
- Conflict management and problem-solving
- Leadership skills
- Communication skills
- Adaptability to Change
- Team Work
- Critical thinking
- Technical skills
Top Colleges for MBA in Human Resource Management Specialization
The Following are the Top 10 colleges for MBA specialization in Human Resource Management:
- Indian Institute of Management (IIM-R)- Ranchi
- Sun International Institute for Tourism and Management(SIIT&M) – Hyderabad
- International School of Business and Media(ISB&M) – Pune
- Xavier Labour Relations Institute, Jamshedpur
- Xavier Institute of Social Services, Ranchi
- Management Development Institute(MDI) – Delhi
- Tata Institute of Social Sciences(TISS) – Mumbai
- Delhi School of Economics
- University Business School(UBS) – Chandigarh
- Faculty of Management Studies(FMS) – Delhi
Career after MBA in Human Resource Management
Human Resource Professional plays an important role in Company’s activities. Not only in companies Human resources are needed everywhere, where we need the help of Manpower. There are various roles that students from MBA specialization in Human Resource management perform like Human resource Generalist, HR Assistant, Technical Recruiter, Training and Development Manager, Payroll specialist, etc.
Popular Career paths after MBA in Human resource management:
- Human Resource Generalist: It’s an entry-level HR position for MBA graduates, and they’ll be responsible for various duties at the same time. Candidates’ resumes are analyzed, documents are selected, and recruitment projects are organized. Recruitment, payroll, attendance monitoring, employee engagement activities, induction training, and performance review are all part of their job description. HR generalists design backend systems to ensure that employees’ basic needs are addressed.
- Technical Recruiters: Technical recruiter’s duties include evaluating candidates’ technical skills and selecting those who are well-experienced in those areas. They have a lot of potential in the IT and financial industries. MBA Graduates with a background in software and human resources are ideal candidates for this position. They might be software developers, IT architects, or possess any other type of technical knowledge. They are crucial in supporting the HR department.
- Human Resource Executive: In any organization, human resource executives play a key role. It is their role to develop the company’s strategy, policies, systems, and aspirations. From recruitment to contract signing to training and development, they handle every facet of a human resource department.
- Employees Relation Manager: They listen to employees’ complaints and act as a liaison between them and their superiors. Employee relations managers encourage conversations and discussions between employers and employees in order to resolve conflicts.
- Director of Human Resource Training and Development: A company’s Director of HR Training and Development handles training programs for new workers. It is their responsibility to ensure that training programs are well-executed so that employees can contribute to the company’s success to the best of their abilities. They assist employees in improving their skills and careers. Lessons, workshops, conferences, training sessions, and meetings are all conducted by them.
MBA in Information Technology
MBA in Information Technology is currently one of India’s most popular MBA programs. It is a popular two-year MBA concentration for students who wish to study business and information systems in order to combine business strategies with modern information security, project management, and telecommunications principles. This course’s applications aren’t limited to the IT industry. As a result, candidates can choose the field they wish to work in after completing this course. With the complete digitization of workplaces all over the world, this course’s value is projected to grow even more in the future.
What does the MBA in Information Technology Teach?
Information Technology is the emerging Concept in this era because of changes in technology and innovations in Technology. The MBA in Information Technology teaches the courses related to Information Technology and its impact on various areas like Business, Entrepreneurship, Consulting, etc
|Enterprise Business Application of IT||IT strategic planning||IT Project Management|
|IT Outsourcing Strategy and Operations||E-Business||Technology Entrepreneurship|
|IT Consulting and Advisory Practice||Emerging Platforms and Services||Technology Enabled Business Model Innovations|
As Information Technology is the emerging Concept, students need a different set of skills along with Technical Skills to pursue MBA in Information Technology courses. The following are the skills required to study an MBA specialization in Information Technology.
- Knowledge of Information Technology
- Problem Solving skills
- Analytical skills
- Adaptability to Change
- Global Orientation
- Strategy Thinking
Top colleges for MBA in Information Technology
The following are the top 10 colleges that are well- known for MBA in Information Technology courses:
- Symbiosis Center for Information Technology(SCIT) – Pune
- CGC, Landran
- KJ Somaiya Institute of Management Studies and Researches(KJSIMS&R) – Mumbai
- Lloyd Business School(LBS) – Greater Noida
- University of Engineering and Management(UE&M) – Jaipur
- Bharati Vidyapeeth University Institute of Management (BVPUIofM)- Kolhapur
- Chandigarh University, Chandigarh
- BIMS, Kolkata
- Audyogik Shiksha Mandak(ASM)Group of Institutions – Pune
- Bharatiya Vidya Bhavan Institute of Management Sciences(BVBIMS) – Kolkata
Career after MBA in Information Technology
Information Technology is a new and widely used concept nowadays. As we use technology everywhere, there is a need for professionals in Information Technology to run IT-related issues smoothly. There are various types of job profiles available for MBA in Information Technology students like Information Technology Manager, Systems Manager, Product Manager, Project manager, Programs Manager, Chief Technology officer, etc.
- Information Technology Manager: Information technology managers, often known as IT managers, are in charge of a company’s computer and IT operations. Cyber security, web services, data and website management, and tech-related operations are all part of their job description. Due to market expectations, many top MBA programs in India place a strong emphasis on soft-skill development.
- Information System Security Managers: These are some of the most in-demand professions of IT management. As the need for professional cybersecurity workers has grown in parallel with the shortage of trained workers, so has the demand for experienced managers of these individuals. One thing to keep in mind is that many cybersecurity professionals have a diverse skill set that includes software, hardware, networking, and social aspects.
- Software Project Managers: Software project managers are responsible for organizing and strategizing software projects from start to finish. Many software development companies use iterative development techniques, which differ from managing projects in other industries. This entails acting as a point of contact for project stakeholders. Establishing the project’s scope, developing plans, allocating resources, monitoring progress, scheduling activities, etc.
- Chief technology Officers: Chief Technology Officers are in charge of their company’s technological advancement. They identify the company’s risks and prospects. These professions are found in companies that work in sectors like artificial intelligence, the internet of things, and cyber security, among others. This role is best suited for someone who can control the complete information technology department and manage senior managers within the company’s IT division.
- Program manager: The program manager is in charge of delivering the program’s output/product. They give strategic direction to team members and project supervisors in ways that support the company’s culture. This position is best suited to those who can monitor operations and establish effective strategies and tactics.
MBA in Business Management
MBA in Business Management is a part of MBA courses that focuses on developing talented individuals who can run organizations, manage crises, provide solutions with limited resources, and display discipline, growth, and cross-cultural leadership. The program lasts two years. In addition, Organizational Change, Business Negotiating, Talent Management, Financial Management, and Accounting are just a few of the topics covered in an MBA Business Management program.
What does an MBA in Business Management teach?
Managing Business is one of the toughest things in the company. So, Students who are studying MBA specialization in Business Management learn various different types of concepts related to different fields in the Industry. The following are the courses teach in MBA in Business Management:
|Managerial Economics||Business Statistics||Decisions Models and Optimization|
|Operation Research||Organizational Behaviour||Financial Management|
|Economic Policy||Human resources Management||Marketing Management|
|Operations Management||Corporate Governance||International Business|
|Business Ethics||Management Information Systems||Business Law|
|Market Research||Project Management||Strategic Management|
As Business Management is the all-round work in Companies or industries, students need different sets of skills to pursue and get success in the Business Management field. The following are the skills required to complete the MBA in Business Management:
- Leadership skills
- Adaptability to Change
- Problem-Solving skills
Top colleges for MBA in Business Management
The following are the top10 colleges that are popular for MBA in Business Management in India
- Indian Institute of Management(IIM-B)- Bangalore
- Xavier Labor Relations Institute- Jamshedpur
- Indian Institute of Management(IIM-K)- Kolkata
- Xavier University Bhubaneswar – Bhubaneswar
- Indian Institute of Management(IIM-A) – Ahmedabad
- Symbiosis Center for Management and Human Resource Developments(SCM&HRD) – Pune
- Indian Institute of Management(IIM-L)- Lucknow
- Indian Institute of Management(IIM-I)- Indore
- Sailesh J Mehta School of Management, IIT Bombay
- Indian Institute of Management(IIM-K) Kozhikode.
Career after MBA in Business Management
As Business Management is a wide area related to different fields, there are different careers available for students who are Pursuing an MBA specialization in Business Management. The careers like Marketing Management, Financial Managers, Human Resources Managers, Supply Chain Managers, Sales Managers, etc.
Popular Careers after MBA in Business Management in India:
- Marketing Managers: Marketing managers assist in the management of a company’s marketing initiatives and the coordination of marketing workers. They’re also in charge of assessing how high demand for a particular product or service would be and who could be willing to buy it. These business professionals can help determine whether a business will be successful and might even be involved in determining product or service costs.
- Finance Managers: Financial managers are trained to handle cash flow problems and occasionally work at financial institutions. They are often great investors. Business executives who oversee a company’s budget and make financial investment decisions are frequently well compensated.
- Business Development managers: Strategists, networkers, and marketers makes up business development managers. Their role is to help businesses expand by discovering and securing new revenue streams. They could help a company locate new consumers, enter into new markets, or strengthen its internet presence or product promotion.
- Logistics Manager: An organization’s supply chain is coordinated and monitored by a logistics manager. They are responsible for monitoring the whole life cycle of all of the company’s products, including how employees acquire, distribute, and deliver them. Most logistics managers have a master’s degree in business administration with a concentration in operations and supply chain management.
- Information Technology Managers: IT managers, also known as computer and information technology managers, assist firms in managing research initiatives, implementing technical advancements, and maintaining the security of corporate networks. IT managers also assist businesses in promoting their brands by ensuring that websites are user-friendly and engaging.
MBA in Rural Management
MBA in Rural Management covers various areas like Innovative lessons in the application of management fundamentals to the rural sector, planning, organization, and control of cooperative societies and related organizations in the field of agriculture, direct or indirect implementation of developmental plans and projects through non-governmental organizations, development needs and ground realities of rural areas, and outlining of developmental strategies and policies, etc. And students can get job offers in various areas related to rural sectors.
What does an MBA in Rural Management teach?
Rural Management is a new concept that is gaining importance presently. MBA in Rural Management teaches various types of courses related to the development of rural areas. the following are the courses that are taught in MBA specialization in Rural Management:
|Economic Analysis for Rural Management||Rural Society and Polity||Natural Resources and Sustainability|
|Rural Livelihood and Research Methods||Development Theories and Practices||Social Entrepreneurship|
|Legal Environment||Corporate Social Responsibility||International Trade|
|Microfinance||Agribusiness||E-Business for Rural Entreprises|
Every field required different skills to manage and organize the works. Likewise, The Rural Management field also needs different skills to work smoothly in this area. The following are the skills required for students to complete an MBA in Rural Management course.
- Ability to work with Clients with diverse Interests
- Knowledge of Local Languages
- Problem Solving skills
- Ability to Handle Masses
Top colleges for MBA in Rural Management
The following are the top 10 colleges famous for MBA in Rural Management course in India:
- Institute of Rural Management – Anand –
- Indian Institute of Rural Management(IIRM) – Jaipur
- Xavier Institute of Social Services- Ranchi
- AMITY Schools of Rural Management- Noida
- Apex University- Jaipur
- Kalinga Institute of Industrial Technology- Bhubaneswar
- Institute of Management Sciences( IMS), Lucknow
- Chitkara Business School at Patiala
- Bangalore University, Bangalore
- School of Distance Education in Andhra University, Vishakapatnam.
Career after MBA in Rural Management
As Rural Management totally depends on issues related to rural areas. Students are having a wide range of career choices like working with NGOs or gaining job offers from Rural banks like Grameen Bank, NABARD, etc. Along with these, there are careers like Rural Development Officers, National Sales Development Officers, Sales Officers, Research officers, etc available for students who are pursuing MBA in Rural Management.
Popular Career Paths after MBA in Rural Management in India:
- Rural Development Officers: The main responsibility of a Rural Development Officer is to oversee planning, development, and operation as a regulatory authority while also resolving regional rural issues. To be a Rural Development officer, one must pass competitive tests such as NABARD.
- National Sales Development Managers: National Sales Development Managers (NSDM) are in charge of creating effective marketing and promotion strategies while coordinating with various company officials. And they are also responsible for increasing sales for products or services.
- Research Officers: Research Officers (RO) supervise research projects from start to finish. They collaborate with coworkers to ensure that all projects and errands run smoothly. They either supervise or assist in the assembling of details, depending on the industry. The majority of research officers and directors transmit their findings to higher management or advisory groups.
- Sales Officer: Sales Officers (SO) provide clients with retail products, merchandise, and services. They work in sales, which normally entails a cold call for new clients in an office setting, but they engage directly with new and existing customers on the internet.
- Business Development Managers: The Business Development Manager is in charge of increasing revenue and improving the company’s market position. They define the organization’s long-term strategic goals, develop critical customer connections, and spot commercial possibilities. They also negotiate and finalize business deals and have a thorough understanding of the current market situation.
MBA in Operations Management
MBA in Operations Management is a two-year management program that focuses on product or service launch planning, organization, and supervision. With the rise of e-commerce, MBA operations management has become more important. It has a lot of potential because of the high production capabilities and the requirement to extend all items over the globe. MBA specialization in operations management is for students who want to manage production, analyze market requirements, and exceed consumer expectations.
What does the MBA in Operations Management teach?
Operations Management is related to different operations that are ongoing in the Industry including Supply Chain Management. So, MBA in Operations Management deals with courses related to Supply Chain Management, Logistics, Research in operations, etc. The following are different courses that are taught in MBA in Operations Management specialization.
|Operation Research||Material Management||International Logistics|
|Project Management||Financial Accounting and Management||Technology and Innovation Management|
|Enterprise Resource Planning||Supply Chain Management||Information Technology and System Management|
As the operations are ongoing work in the industry, students or the employee need some set of skills to complete the operations in a clear and smooth way. The following are the skills required to Complete and secure the best position in the Operations Management program.
- Communication skills
- Leadership qualities
- Understanding of company’s financial status
- Understand and organize the work in series.
Top colleges for MBA in Operations Management
The following are the top 10 best MBA in Operations Management colleges.
- TPAMI Management Institute – Manipal
- School of Management Sciences- Varanasi
- Narayana Business School(NBS) – Ahmedabad
- Manav Rachna University(MRU)- Faridabad
- CDGIMS, PUNE
- Great Lakes Institute of Management(GLIM)- Chennai
- Alliance University- Bangalore
- DY Patil University School of Management- Mumbai
- Department of Management Studies- IIT R- Roorkee
- DMA IIT- Madras
Career after MBA in Operations Management
Students can work in different areas related to Operations Management. As the Operations are continuous and a day-to-day process. Students can work in different fields like Logistics, Supply Chain Management, Material Management, Purchase and retail managers, Transportation, Hospitality, etc for students to work after completion of MBA in Operations Management
Popular Career ways after Studying in operations Management Specialization in India:
- Operations Research Analyst: MBA operations cover both the practical and theoretical parts of the business. Research Analyst is for anyone who is interested in the theoretical side of things. The major responsibility entails allocating the company’s assets and resources, as well as determining cost-effective methods. The positions are given to newcomers. Hard work and dedication, on the other hand, can help individuals reach new heights of success and fortune.
- Plant managers: Plant managers are in charge of supervising the day-to-day operations of a manufacturing facility. They must assess the efficiency and productivity of the systems and make judgments about plant performance and career objectives.
- Operations Manager: An Operations Manager’s responsibilities include defining procedure, improving execution, collecting materials and assets, and ensuring consistency. They must be prepared to train their coworkers, find ways to improve the quality of client service, and implement best practices at all levels.
- Supply Chain Program Managers: Supply chain managers keep track of cooperation and keep the company’s inventory up to date. They analyze functional performance and provide solutions to problems. They also collaborate with merchants and service providers to ensure that all tasks (such as transportation and delivery) conform to quality and security standards.
- Inventory Control Managers: Inventory control managers are responsible for every aspect of stock management. This includes everything from stock monitoring to stock review direction to stock support, and that’s just the beginning. They should also supervise and coordinate the workers at the distribution center.
MBA in Business Analytics
MBA in Business Analytics helps to deals with Data Analysis, statistical analysis, and reporting are used in business analytics to examine and analyze company performance, provide ideas, and make suggestions to enhance performance. They may engage with internally or externally clients, but their focus is on applying data insights to improve the product, marketing, or customer experience rather than examining procedures and operations.
What does the MBA in Business Analytics teach?
Business Analytics is the new and widely taking Course presently. And it is taught to give the basic idea on Business strategies and data. The following are the courses that MBA in Business Analytics teaches for students.
|Financial Accounting||Financial Analysis||Productive Analysis|
|Statistical Analysis||Risk Management||Business Intelligence|
|Data Modelling||Computational Methods||Data Mining|
|Optimization Analysis||Big Data Analysis||Simulation Modelling|
As Business Analytics is a new area it requires skills related to critical thinking, visualizing the future needs, on-time problem-solving skills, etc. The following are the skills required for MBA specialization in Business Analytics Students need to complete their studies and grab the best job opportunities.
- Problem-Solving skills
- Critical thinking skills
- Technical skills
- Communication skills
- Good Visualising Skills
Top colleges for MBA in Business Analytics
The following are the top10 Colleges popular for MBA in Business Analytics courses in India.
- Manav Rachna University(MRU)- Faridabad
- Bharatiya Vidya Bhavan Institute of Management Sciences(BVBIMS)- Kolkata
- Versatile Business School(VBS) – Chennai
- VELS Institute of Science- Technology and Advanced Studies(VELSISt&AS)- Chennai
- Institute of Management Christ University(IMCU)- Bangalore
- International Institute of Business Studies(IIBS) – Bangalore
- Galgotias Business School(GBS)- Greater Noida
- DIT University – Dehradun
- Vivekananda Global University(VGU)- Jaipur
- Chandigarh University- Chandigarh
Career after MBA in Business Analytics
As Business Analytics deals with analysis and data including business strategies, there is a need for professionals in various areas related to Business Analytics. There are different career opportunities like Business Analyst, Data Analyst, Data Scientist, Bid Data Analyst, Predictive Modellers, Market Research Analyst, etc available for students to do after completion of MBA specialization in Business Analytics.
Popular Careers after Studying MBA in Business Analytics Specialization in India:
- Data Analyst: A data analyst is a person who collects and analyses data based on sales figures, competitive analysis, logistics, and other factors. They use their technical knowledge to assure data quality and strive toward accurately processing and presenting it. The day-to-day work of a data analyst differs from company to company, depending on the industry or speciality in the issue.
- Business Analytics: Understanding changing business demands, measuring the impact of these changes, defining and analyzing requirements, and documenting and fostering communication among all stakeholders are all things that business analysts do. Business Analytics has become a standard practice in the IT and enterprise sectors.
- Predictive Modeller: Predictive models are computer programs that generate predictions depending on the data they are given. These models are created by a predictive modeller. They must also be well-experienced in statistics, analysis, and technology. It’s a job function that falls under the category of predictive analytics.
- Market Research Analyst: Market research analysts collect and analyze information about competitors and customers. The research market trends in order to keep track of service and product sales.
- Management Analyst: A management analyst contributes to organizational success by utilizing data to prevent losses, improve individual department performance, and ensure that organizations run smoothly and efficiently. This person’s job requires them to use data visualized in spreadsheets to identify trends and provide suggestions that will improve products, product distribution, etc.MBA in Business Analytics program will educate students on how to present and visualize quantitative and qualitative data.
MBA in Event Management
MBA in Event Management is a two-year postgraduate program that prepares students to develop, manage and execute a variety of events, including award ceremonies, political rallies, fashion shows, and official gatherings. An MBA in event management is required for specialization in event management, and the student must be a graduate from a recognized university with a minimum of 50% grades.
What does the MBA in Event Management teach?
Event Management is a recent concept that has gained high popularity. In Event Management, we can learn about various areas like Public relations, customer service, event planning, event organizing strategies, etc which are totally related to the event. The following are the courses that MBA specialization in Event Management teaches for students in total course duration.
|Event Logistics||Customer Service||Public Relations|
|Brand Management||Marketing Management||Event Accounting|
|Decor||Insurance and Risk Management||X Media Management|
|Crowd Management||Glamour Identity||Interpersonal skills|
|Security and safety Management||Celebrity Management||Study of Law and Licence|
|Team Building and leadership skills||Catering|
As the event Management is not limited to one area, it needs different skills related to planning, organizing, and maintaining the networks with customers and media, knowledge on financial data, etc. The following are the skills required to complete an MBA specialization in Event Management.
- Basics of Public Relations
- Corporate communication
- Organizational Behaviours
- Event production process
- IT and computer education
- Event planning
Top colleges for MBA in Event Management
The following are the Top 10 Colleges in MBA in Event Management Courses in India
- National Institute of Event Management(NIEM)- Mumbai
- MIT Institute of Event Management
- Institute of Hotel Management (IHM), Goa
- AMITY Institute of Event Management
- Parul University- Vadodara
- Sage University- Bhopal
- Manav Rachna University(MRU)- Faridabad
- NIMS University – Jaipur
- Indian Institute of Technology(IIT), Guwahati
- Adams University, Kolkata
Career after MBA in Event Management
Event Management is not limited to one area it is a combination of various areas like Event Planning, Finance Controlling, Budgeting of Events, Public networks, and customer relations, etc. So, there are different career paths available for students who are pursuing MBA in Event Management like Event Planners, Decoration Planners, Wedding Planners, Social Media Officers, Event managers, etc.
Most Popular Careers after MBA in Event Management in India:
- Event Planners: Event planners are in charge of making sure that all of the arrangements of an event are taken care of. It may be a wedding, a conference, or a corporate function. From the design to the logistics to the money, Event Planner crafts a plan for the event.
- Wedding Planner: In this type of profession, one must be attentive to every detail of wedding planning. A wedding planner assists their customers in planning the many aspects of their wedding from starting of the wedding to ending with tastes matched to clients.
- Event manager: In this profession, one is responsible for supervising all aspects of each event. An event manager’s role is to smoothly and effectively develop, plan, coordinate, and execute an event. And complete the Event within the Budget decided by the Clients.
- Public Relations Officer: A Public Relations Officer is usually in charge of establishing a positive relationship between the organization and its customers. They deliver all messages and conversations between the two parties, ensuring that their requirements are satisfied.
- Media Planning Managers: Any event would be meaningless without media, and Media Planning Managers are in charge of coordinating with various media to assure that the event is properly covered on their networks. And also they need to maintain healthy relations with all the Media networks.
MBA in Healthcare Management
MBA Healthcare Management focuses on creating healthcare management students. In a hospital, pharmaceutical sector, or any other healthcare company, the student will be in charge of management duties. Candidates who have a previous bachelor’s degree in Hospital Administration and great leadership skills and desire to pursue a career in the management department of any hospital or healthcare clinic can enroll in an MBA Healthcare Management program.
What does the MBA in Healthcare Management teach?
The syllabus of MBA in Healthcare Management mainly deals with Health care issues, administration in Healthcare centers, Financial documents analysis in the Healthcare centers, Quality of Healthcare centers, etc. The following are the courses that are taught in MBA in Healthcare Management for students.
|Health services Management||planning to Health Care Institutions||Human Resources Management|
|Operations and Service Management||Clinical Pharmacy||Financial and Cost Accounting for Hospitals|
|Medical Emergency Systems||Material Management||Medical Tourism and Financial Management|
|Hospital Information Management Systems||Medical Ethics Quality Management||Business Policy and Strategic Management|
Various skills are required as students who want to work in the Healthcare sector. It is an emerging sector with wide career paths. It required different skills like adaptability to changes, communication skills, quick thinking, etc. The following are the skills required for students who want to pursue a career in MBA in Healthcare Management.
- Ethical Judgement
- Quick Thinking
- Leadership skills
- Relationship Buildings
Top colleges for MBA in Healthcare Management
The following are the top 10 colleges related to MBA in Healthcare Management in India:
- Symbiosis Institute of Health Sciences(SIHS), Pune
- Institute of Health Management(IHM)
- Manipal School of Management, Manipal
- Rai University- Ahmedabad
- Lovely Professional University(LPU), Jalandhar
- IBMR IBS College, Bangalore
- KL University, Guntur
- Indus University, Ahmedabad
- IIHMR University, Jaipur
- Hindusthan Institute of technology and Science(HIT&S), Chennai
Career after MBA in Healthcare Management
As Healthcare professional are widely working in Hospitals, Pharmaceutical Companies, Insurance Companies, and even they conduct Nursing homes and clinics. So, students who are studying MBA specialization in Healthcare Management are having wide career opportunities like Hospital Administrators, Pharmaceutical Managers, Clinical Managers, Nursing ADministrators, etc.
Most Popular Career paths after MBA in Healthcare Management:
- Hospital Administrators: Public hospitals, clinics, medical centers, research hospitals, nursing homes, and other facilities are managed by hospital administrators. Hiring doctors, adopting innovative medical procedures, public relations, setting budgets, and assuring compliance with government security regulations for handling sensitive electronic health data, or EHRs, are all responsibilities of a hospital administrator.
- Pharmaceutical Project Managers: Pharmaceutical project managers are in charge of developing new treatments, launching advertising campaigns, coordinating clinical trials, conducting market penetration surveys, and bringing together teams to research the benefits and drawbacks of various drug therapies. Most pharmaceutical companies seek candidates with a healthcare MBA, excellent IT skills, and the ability to collaborate with a variety of stakeholders like biochemical engineers, chemists.
- Health Information managers: The electronic medical records of patients are maintained and secured by health information managers. These managers may also lead a team of medical programming personnel or collaborate with IT specialists to guarantee that all records are legal, correct, and accessible.
- Clinical Research Managers: Clinical research managers are in charge of keeping track of the government funding for clinical studies and pointing out any irregularities. Individuals who pursue a degree in health service administration with the goal of becoming clinical research managers must be skilled in financial management and budgeting.
- Social Media Directors: The healthcare industry is highly dependent on social media initiatives and public relations. Health administration students must have pursued health marketing or health communications in addition to receiving a healthcare management degree to become a social media director, Public Relations specialist, or health facility marketing manager.
Ans: For those who wish to know which MBA specialization is best paid, listed are the major ones:
Finance and Accounting.
Banking and Insurance Management.
Human Resource Management.
Information Technology and Business Analytics.
Ans: Here’s five MBA specializations to consider for 2019:
Technology. One of the most difficult skills to recruit for this year is big data analysis, according to the Financial Times 2018 MBA Skills Gap survey. …
Ans: The 25 Highest-Paying MBA Specializations are ranked based on average salary, using data from Payscale.
Business Analytics – $126,000. …
Information Technology – $110,000. …
Real Estate – $102,000. …
Entrepreneurship – $100,000. …
Economics – $99,000. …
Consulting/Corporate Strategy – $98,000. …
Finance – $98,000
Ans: After completing an MBA in Finance, students will have the following career options in front of them.
Career After MBA in Finance.
Credit Risk Management
Hedge Fund Management
Ans: Investment Banker
Investment banking is the one of the highest MBA salary in India you can get. MBA graduates who wish to pursue this career path would have to choose their subjects with a focus on finance.