Are you confused between choosing either General MBA vs Specialized MBA? Get Eligibility, Admission, Fees, Syllabus, Job Scope, and Top Colleges details here.
When looking for MBA courses in India, you must have often come across General MBA Vs Specialized MBA. A General MBA course covers management and develops skills such as critical thinking, business management, leadership, etc. While in a specialized MBA program, you study effective management and master a particular subject.
Many of you are unable to decide which program is best for you. This article will take you through the differences and benefits of pursuing a General MBA vs Specialized MBA in India so you can know about each.
General MBA vs Specialized MBA Which is Better?
MBA is among the most challenging yet the most recognised master's degree programs around the world. The versatility of the course and the rigorous curriculum, make the recruiters consider the graduates for high-yielding job profiles in organisations. However, one can pursue MBA not only by earning a specialized degree but also by earning a General knowledge of all the forms and fundamentals of an MBA i.e. General MBA. MBA today is not limited to the typical program, but there are various forms as per the comfort and inclination of the students.
Below we have listed some key differences on General vs Specialized MBA.
|
Basis |
General MBA |
Specialized MBA |
|
Duration of the course |
2 years |
2 years |
|
Scope |
Internationally Accepted |
International Recognition |
|
Curriculum |
Experiential & General Case-Study Based Learning |
Focuses On Specific Domain-Based Learning |
|
Fees |
16 - 18 Lakh in total |
16 - 18 Lakh in total |
Overview of General MBA vs Specialized MBA
The general MBA is a course that makes you study a wide variety of subjects related to management. The particular MBA course is designed in such a way that you get an understanding of broad management issues in the first year, while in the coming year, you get to pick the choice of subjects. In the case of a generalized MBA, you have the opportunity to study different aspects of a business in the first year and figure out what is the one thing which interests you.
On the other hand, particular MBA Specializations deal with only one aspect of a business such as finance, marketing, international enterprise, business, human resources management etc. Though this course teaches you about the broad concepts of management, it is particularly designed to train you in only one specific area. Thus recruiters consider these students as experts in their respective professions.
General MBA vs Specialized MBA Eligibility & Admission Process
General MBA vs Specialized MBA difference is a tough decision, although eligibility and MBA Admission requirements are similar for both. These institutions or B- schools base admissions on entrance exams, interviews, and group discussions or activities. Some colleges search for job experience; however, general MBA courses may not need it since it's not a priority.
- A minimum of 50% eligibility for students in undergraduate is required, for SC/ST and other reserved categories, the minimum criteria is 45%.
- A professional degree like CA and CFA or a Diploma degree is also considered during admission.
- Entrance exams such as CAT, NMAT, CMAT and SNAP are some of the most common MBA examinations. These exams cater to English Language, Mathematics and Logical Reasoning questions and are considered among India’s toughest set of examinations.
- After the entrance examination, the students who clear the cut-off of their desired institutes, have to attend the group discussion and personal interview sessions.
- Post these rounds, based on performance in the entrance test, group discussion and personal interview, a student is selected into the Business School across India.
Curriculum of General MBA vs Specialized MBA
General MBA vs Specialized MBA might be different, but the curriculum is somewhat similar. However, General MBA gives students a broad idea of Business Administration in all domains. Individuals can apply the skills gained from a General MBA in almost all job roles across companies. However, in a specialized MBA, the students gain knowledge about any domain they choose.
The MBA Syllabus and Subjects that are majorly covered in all specializations of MBA are-
- Marketing
- HR Management
- Business Planning
- Finance Management
- Principles of Management
- Business Laws
- Communication Skills
- Entrepreneurship
- Business Communication
- Computer Application
- Organizational Behaviour
- Taxation
- Retail Management
- Project Work
- Economics
- Business Environment
General MBA vs Specialized MBA Benefits
There are many advantages to both general MBA or specialized MBA programs. The following are certain benefits of general MBA programs and specialized MBA programs. You must consider the benefits while deciding between a General MBA vs Specialized MBA is better for them.
| General MBA Pros | Specialized MBA Pros |
|
With a general MBA, students master the basics of all areas of business and management and build skills suitable to every industry. |
Specialized MBA students are given a thorough course study in a selected domain. A specialized MBA is for you if you want more tailored management expertise in one discipline. |
|
The admission process to a general MBA program is relatively easier, which includes an MBA entrance exam and a strong application. |
If you have already decided what sector you want to work for following your education, a specialized MBA can give you a good start. |
|
In addition to business and management expertise, general MBA programs also include leadership, communication, and critical thinking skills. |
Many Specialized MBA courses enable students to study while working, which offers candidates more flexibility & functionality. |
Drawbacks of General MBA vs Specialized MBA
Whether you pursue a General MBA or a Specialized MBA, both courses have some drawbacks. The following are certain cons of enrolling in general and specialized MBA programs. Take a look at General MBA vs Specialized MBA program disadvantages.
| General MBA Cons | Specialized MBA Cons |
|
A general MBA won't lead you to a certain career or sector, so students must be proactive about seeking options. |
Candidates will acquire expertise in only one subject, so be sure of your career plans before enrolling in a specialized MBA course. |
|
Most MBA programs are full-time and require two years to finish, indicating high fees and less practical experience. |
Individuals with a specialized MBA degree might find switching to another sector more challenging than a general MBA. |
|
A general MBA is a time- and money-intensive course. Students must ensure that they can manage their financial investments with ease. |
Specialized MBA programs prioritize candidates with job experience, so if you're starting, it can be challenging. |
General MBA vs Specialized MBA Scope And Opportunities
When comparing General MBA vs Specialized MBA, in both courses, you gain a theoretical and practical understanding of core and specialized areas via experiential, case-study, and research-based learning. After completing a General or Specialized MBA, one may work in international firms, public and private sectors, or start their own business.
Some top recruiters for General MBA and Specialized MBA students are Deloitte, KPMG, TCS, HDFC Bank etc. Below, we've highlighted some of the most popular MBA Job Scope options and prospects for general and specialized MBA graduates.
- Consultant
- Marketing Manager
- Finance Manager
- Human Resource Manager
- Training Specialist
- Project Manager
- Operations Manager
- Financial Analyst
- Market Research Analyst
- Business Analyst
General MBA vs Specialized MBA Salary
General MBA vs Specialized MBA is a debatable topic for MBA grads. MBA is an expensive course to pursue as a master’s degree program for 2 - years. General MBA vs Specialized MBA is distinctive in nature, but both programs are recognized and high-yielding; the course is expected to have high fees across the globe. Below we have listed a few job profiles and their average payscale -
|
Job Profiles |
Average Payscale (INR) |
|
Consultant |
11 LPA |
|
Finance Manager |
9.9 LPA |
|
Marketing and Sales Manager |
6.8 LPA |
|
Project Manager |
12 LPA |
|
Financial Analyst |
5 LPA |
|
Market Research Analyst |
5 LPA |
|
Training Specialist |
8.8 LPA |
General MBA vs Specialized MBA Top Colleges
When you decide to pursue an MBA, one of the toughest choices you face is deciding between General MBA vs Specialized MBA which to choose?. Many top colleges in India offer general and specialized MBA courses. A list of Top MBA Colleges in India offering General MBA vs Specialized MBA programs are -
| Top Colleges Offering General MBA | Top Colleges Offering Specialized MBA |
| JBIMS Mumbai | IIM Calcutta |
| FMS Delhi | IIM Ahmedabad |
| PUMBA Pune | IIM Bangalore |
| Christ University | XLRI Jamshedpur |
| FMS BHU | SPJIMR Mumbai |
General MBA vs Specialized MBA Which One To Choose?
A course in Masters of Business Administration requires a huge investment of time and money during the tenure of the course. One has to be sure and passionate about their choice of specialization or field of study or be sure about doing a core management course. Students might be confused between General MBA and Specialized MBA, but to clarify the confusion, we have listed a few benefits of both.
Curriculum- If you have found a niche in various domains like marketing and finance, you can pursue a specialized MBA and earn a deep-dive knowledge of that subject. However, suppose you want to learn the core of management. In that case, you can pursue a General MBA, which allows you to understand management and business fundamentals.
Business Knowledge Gained- Specialization in MBA allows you to focus on one subject at a time and become an expert in that field through conducting research, solving real-world case studies, and an internship in that domain. However, an MBA in General Management will allow you to understand all the business domains, giving you an edge in having a generalized knowledge of the business as a whole.
At the end of this, it comes down to the students and MBA aspirants when choosing between General MBA vs Specialized MBA. There may not lie much difference between the two courses. Still, the most crucial difference between a General MBA and Specialized MBA is the curriculum and the general knowledge one can acquire during the process of 2 years. So, carefully decide the suitable course of action for oneself. Till then, happy learning!
