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MBA stands for master of business administration and it considered as the most popular course which students pursue after the graduation.it is a two-year Post Graduation program which is internationally recognized. To get promoted to higher positions in your job or career, MBA degree might play a big role.
The MBA is not limited to a particular field or profession, there are many MBA specialization programs in India and abroad as well. Know the best area in the world of mba in mba area.
MBA is not restricted to special sector or business, there are various MBA specialization programs in India & Abroad as well. Best field in mba field of mba in World.
- Important – MBA Admission 2021.
Top MBA Specializations 2021.
Selecting a specific specialization for MBA is not easier. so here we are listing the information of 4 popular MBA specialization programs and by comparing them you will be able to choose the best suitable.
Also, your strengths and interests play a big role in selecting a specific Specialization. here include all the types of mba specialization, most popular mba specializations list. This is the highest paying mba specialization in world
Streams in MBA.
Almost is releasing list of MBA courses and specialization in india which is quite popular. All those Key MBA specialization are as follow.
|1||MBA in Information Systems|
|2||MBA in Family Business & Entrepreneurship|
|3||MBA in Business Analytics|
|4||MBA in Operations & Supply Chain|
|5||MBA in Production and Quantitative Methods|
|6||MBA in Finance|
|7||MBA in International Business|
|8||MBA in Rural Management & Agri Business|
|9||MBA in Human Resources (HR)|
|10||MBA in Marketing|
It has all the best specializations but it has the most popular, best mba specialization that you can read more in this article.
MBA in Business Management.
If we talk about current scenario then industries and businesses are globalized. it’s not restricted to one country or region. it’s spread over everywhere and thus there’s a need of building Connection in international market.
So, to properly make a linkup between countries you must have certain skills which MBA in International Business Management can provide you. it’s also an evolving field of management and includes a lot of scope within the market today.
Best Colleges / Universities: MBA in International Business Management are taught in IIM Ahmedabad, IIM Calcutta and Indian School of Business if you choose for Indian B-Schools.
In other countries you’ll choose INSEAD business school which is consider as the best in teaching your international business, as an alternative you can also choose Harvard business school, Stanford University and London graduate school for pursuing MBA in Business Management.
Expected Salary: Since this is not country or state-oriented job so the pay package is great. you’ll earn around $10,000 to $50,000 if you’re a pass-out from a reputed university or institute in India or abroad.
Future Scope: With International Business degree you’ll be able to acquire the post of International Business Development Manager, International Marketing Manager, Global Business Manager or Investment Banking manager and you might get an opportunity to head an international business in a Multi-National Company.
MBA in Marketing Management.
This specialization is for those who like to communicate with people and are bold, enthusiastic and charismatic. If you don’t possess these characteristics, nothing to stress.
There are many examples where introverts have turned out to be the most effective salesmen in the history of the corporate sector.
Only thing you have to coach yourself is to try different things that you simply got to do on a sales call or on a marketing campaign.
Best Institutes: all over the globe, the most effective marketing institute is the Kellogg School of Management. other than that, you can choose Harvard graduate school and also the Wharton School.
In India, for MBA in marketing, S.P. Jain Institute of Management is best. also, you can choose Faculties of Management Studies, Indian Institute of Foreign Trade, Jamunalal Bajaj Institute of Management.
Expected Salary:Compensation of MBA in Marketing Management is large because the earning potential is much higher.
As marketing may be a direct function which brings in revenue for a corporation, people that belong to marketing domain are paid fine.
In India & abroad the compensation paid to a Marketing Manager is Good and ranges to something around $10,000 to $35,000.
- Related – Top B-Schools
Usually the marketing people is directly involved in the market, they have the chance to grow in the industry and can become the CEO of a corporation. As they understand the market well, they will also strategic or market it well.
MBA in Information Technology.
This is the age of massive revolution and the reason behind this revolution is brought forward by disruption technologies like internet.
If you’ve got zeal to find out the nitty-gritty of computers, data system, how they operate and the way applications are being programmed and executed you must choose IT specialization.
You also have to keep this in mind that MBA in Information technology doesn’t mean you need to be only technically sound, rather it also needs a high level of business acumen to prosper.
Best Institutes: If you’re interested to explore opportunities in foreign universities, the three top most business schools are MIT Sloan, Harvard graduate school and Stanford respectively.
In India, MBA in Information Technology has a superb demand. the top most college which provide MBA in Information Technology is IIM Calcutta. subsequently you can also seek for S.P. Jain Institute of Management and Management Development Institute.
Expected Salary: The salary differs as per Sector and the company and therefore the institute you select to do your MBA in Information Technology from. In India, you can expect a package of around $5000 to $30000.
- Read Also – All Professional Courses Admission Process 2021.
If we talk Around the world then the scope and salary both are exponential. If you’ve got an MBA in Information Technology You can get the chance in USA or Australia, as you’re valuable as compare to computer engineer passing out from a university. Your salary may range from $60,000 to $90,000 per annum.
Future Scope: the future scope of an MBA in Information Technology is multi-fold. As you have both the technical expertise and also the business acumen, your scope for the future can’t be over-emphasized.
During this age of digitization, the value an IT professional can bring is huge and thus you’ll easily grow up to Chief Technology Officer (CTO) in any big company over time.
MBA Specialization in finance.
It is considered as one of the oldest fields in which students can pursue their career.
it has varied scope and therefore the opportunity is way diverse as it is comparatively a difficult specialization than Human Resource and Marketing.
Best Institutes: all over the globe, the best institute for finance is the Wharton School followed by London graduate school and Harvard business school.
For that you just have to score more than 700 in your GMAT. In India, IIM Calcutta is considered as the best institute for Finance specialization, apart from that FMS and IFIM are good options.
Expected Salary: Salary package in India ranges from $4000 to $30,000 and if you compare the salary all over the globe then it ranges from $30,000 to $90,000, however the salary varies as per the institute you select to do MBA from, the country and the company.
Future scope: if we talk about the future potential for MBA in Finance then it is amazing. very first thing you should keep in mind is that your competition is with CFA (US level) and CA students.
The more equipped you become, the more opportunities you’d be able to create for yourself.
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MBA is also popular with dual specializations which are popular all over the world, but nevertheless mba specializations in demand seems to be popular in india.