MBA For Working Professionals in India

MBA is an acronym for the Master of Business Administration (MBA), an internationally recognized program designed to develop skills required for careers in business and management. With a degree in MBA, a student can pursue a managerial career in the public sector, government, private industry, and other areas.

With time this program has evolved to match the industry requirements. Across the globe, MBA follows a similar format, ie. two years of the full-time program. 

Different Types of MBA

Listed below are the various types of MBA you can pursue. The list includes:

1. Executive MBA

Executive Master of Business Administration is a one-to-two-year program aimed at business executives, managers, entrepreneurs, etc., having at least two years of work experience. Students of such a course attend classes on weekends, keeping up with work on weekdays.

The majority of the time, the executive MBA program is funded by the employer. Such a course is designed to strengthen a student’s managerial insight and business expertise, enabling them to adapt to a rapidly changing business environment.

Institutes	Location
IIM Ahmedabad	Ahmedabad
XLRI	Jamshedpur
IIFT	Delhi
IMT	Ghaziabad
SPJIMER	Mumbai
GLIM	Chennai
ISB Hyderabad	Hyderabad
IIM Bangalore	Bangalore
FMS	Delhi

2. Distance MBA

The distance MBA program is a satisfying career choice for people who are unable to complete a full-time MBA program owing to a variety of factors such as financial constraints, job schedules, and so on. For working professionals who are unable to attend classes due to their jobs, distance learning for MBA provides a flexible and cost-effective option.

Institutes	Location
Annamalai University	Chennai
Lovely Professional University	Jalandhar
Amity University	Noida
IGNOU	Delhi
SIU Pune	Pune
Osmania University	Hyderabad
ICFAI University	Jaipur
Prin L.N Welingkar Institute of Management	New Delhi
NMIMS	Mumbai

3. One Year MBA

Like distance MBA programs, online MBA courses also provide the flexibility and affordability to study at home while working. One of the plus points of online MBA programs is that they provide global outreach to study at the best universities or colleges in the world while comfortably at home, reducing the cost of living 

The following is a list of top colleges to pursue an online MBA:

Name of Institute	Location
ISB Hyderabad	Hyderabad
IIM Ahmedabad	Ahmedabad
IIM Bangalore	Bangalore
SPJIMER	Mumbai
MDI	Gurguram
LBSIM	New Delhi
XIMB	Bhuvneshwar
FSM	Delhi

4. Online MBA

Like distance MBA programs, online MBA courses also provide flexibility and affordability to study at home while working. One of the plus points of online MBA programs is that they provide global outreach to study from the best universities or colleges at comfort of your home while reducing the cost of living. 

List of top colleges to pursue an Online MBA is following:

Name of Institute	Location
Amity University (Amity Online)	Noida
National Institute of Business Management	Chennai
Pondicherry University	Pondicherry
OP Jindal Global University	Sonepat
Manipal University	Manipal
Manav Rachna Centre For Distance And Online Education	Faridabad
Alagappa University	Karaikudi
Parul University	Vadodara

Read More: Top MBA Colleges in Jaipur Without Entrance Exams: Eligibility Criteria, Documents Required

List of MBA Specialisations for Working Professionals

The MBA degree is offered in different areas of specialization from which students can choose based on their interests and skills. Here is the list of MBA Specialisations that are provided in India for working professionals:

• Human Resource Management
• Operations Management
• Project Management
• Marketing
• International Business
• Financial Management
• Construction Management
• Hospital Administration
• Rural Management

1. MBA - Human Resource Management

The MBA in Human Resource Management is a two-year program that introduces students to management by using human resources as a resource. The course is designed for individuals who want to develop a career in human resources. For every industry to have highly qualified and experienced employees, HRM is essential.

The following are the top colleges to pursue an MBA Human Resource Management:

Name of Institute	Location
IIM Bangalore	Bangalore
MDI Gurugram	Gurugram
Delhi University	Delhi
Amity University	Noida
IP University	Delhi
Anna University	Chennai

2. MBA - Operations Management

This two-year postgraduate degree course is focused on managing logistics and supply chain processes in an organization and provides a framework of management methods adapted to different industries.

The following are the top colleges to pursue an MBA in Operations Management:

Name of Institute	Location
IIM Ahmedabad	Ahmedabad
IIM Bangalore	Bangalore
IIM Calcutta	Kolkata
IIM Lucknow	Lucknow
IIT Kharagpur	Kharagpur
IIM Kozhikode	Kozhikode
IIM Indore	Indore
IIT Delhi	Delhi
XLRI	Jamshedpur
MDI	Gurugram

3. MBA - Project Management

An MBA in Project Management teaches students to strategize and act decisively in a dynamic environment over two years. Students learn how to plan and lead for and achieve the most desired goals of a company.

The following are the top colleges to pursue an MBA in Project Management:

Name of Institute	Location
IIT Kanpur	Kanpur
IIM Indore	Indore
SPJIMER	Mumbai
IIM Rohtak	Rohtak
Sikkim Manipal University	East Sikkim
IMR	Ghaziabad
IBMR	Bangalore
Dibrugarh University	Dibrugarh
Kanpur Institute of Technology	Kanpur
Pacific University	Udaipur

4. MBA - Marketing

During a two-year MBA Marketing degree program, students gain knowledge in marketing, consumer behaviour, advertising, managerial communication, market research, and customer relationship management.

The following are the top colleges to pursue an MBA in Marketing:

Name of Institute	Location
SPJIMER	Mumbai
IMT Nagpur	Nagpur
XISS Ranchi	Ranchi
NL Dalmia	Mumbai
NIILM Delhi	Delhi
KSOM	Bhubaneswar
MITSOB	Pune
JBIMS	Mumbai
IIM Bangalore	Bangalore
SIBM	Bangalore

5. MBA - International Business

A two-year MBA in International Business integrates international business, international finance, and e-commerce. The course promotes a more interdependent and interconnected global economy by providing a basic understanding of international business.

The following are the top colleges to pursue an MBA in International Business:

Name of Institute	Location
IIM Calcutta	Kolkata
IIM Lucknow	Lucknow
IIFT	Delhi
XLRI	Jamshedpur
SIMB	Pune
Jamia Millia Islamia University	Delhi
Amity University	Noida
Lovely Professional University	Jalandhar
MDI	Gurguram
IMI	Bhubaneswar

6. MBA - Financial Management

MBA Finance Management focuses on budgeting, finance, and analytics during the two-year postgraduate program. Students enrolled in the MBA in Finance program are prepared to manage finance and accounts in any type of business. In addition to job prospects in the banking sector, MBA finance graduates have diverse career options.

The following are the top colleges to pursue an MBA in Finance Management:

Name of Institute	Location
IIM Ahmedabad	Ahmedabad
FSM	Delhi
IIM Calcutta	Kolkata
IIM Lucknow	Lucknow
SPJIMER	Mumbai
IIM Bangalore	Bangalore
XLRI	Jamshedpur
IIM Indore	Indore
IIM Kozhikode	Kozhikode
MDI	Gurugram

7. MBA - Construction Management

A Master of Business Administration in Construction Management is designed for individuals who desire to pursue a career in the construction industry. This program is focused on India's construction sector. The construction industry offers limitless opportunities for career advancement.

The following are the top colleges to pursue an MBA in Construction Management:

Name of Institute	Location
SCDL	New Delhi
NMIMS	Mumbai
IMT	Ghaziabad
SRM University	Sonepat
IGNOU	Delhi
Lovely Professional University	Jalandhar
Chandigarh University	Mohali
Annamalai University	Chennai
Amity University	Noida
Andhra University	Visakhapatnam

8. MBA - Hospital Administration

A two-year MBA in Hospital Administration focuses on learning business management strategies such as entrepreneurialism, healthcare management, planning and budgeting in addition to hospital management principles.

The following are the top colleges to pursue an MBA in Hospital Administration:

Name of Institute	Location
Chitkara University	Rajpura
IIHMR	Jaipur
GIM	Goa
HITS	Chennai
Chandigarh University	Mohali
BIMTECH	Noida
Lovely Professional University	Jalandhar
Amity Global Business School	Bangalore
School of Management	Manipal
FMS	Delhi

9. MBA - Rural Management

An MBA Rural Management concentrates on advanced management lessons relating to planning, organizing, and controlling cooperatives and other organizations in the agriculture field. MBA Rural Management is a 2-year postgraduate program that prepares students for planning, organizing, and controlling rural and agricultural enterprises.

The following are the top colleges to pursue an MBA in Rural Management:

Name of Institute	Location
IRMA	Anand
FMS IRM	Rajasthan
KSOM	Bhubaneswar
XISS Ranchi	Ranchi
DMI	Patna
GBPSSI	Allahabad
ASRM	Noida
XIDAS	Jabalpur
Welingkar Institute of Management	Mumbai
Xavier School of Rural Management (XSRM)	Odisha

Also Read: MBA vs M.Sc: Job, Scope, Salary, Syllabus, Top Colleges, Benefits

MBA for Working Professions: Pros and Cons

After the brief knowledge on MBA for working professionals, let us know the pros and cons of MBA.

MBA for Working Professionals: Pros

Below is the list of pros on Mba for working professionals:

• Practical Experience of Learning: Experiential learning is promoted by the actual application of what a person learns. Simultaneous knowledge and application promote self-learning and helps professionals become acquainted with new skills and knowledge.
• Easy Schedule: Gaining an  MBA will always demand time commitment, but part-time Curriculums offer more flexible learning schedules by making you find time for studies. If you work full-time and wouldn't want to give up your job, look for a part-time MBA program that offers classes at times convenient for you, such as nights, weekends, or online. 
• Increases Job Opportunities: Taking an MBA course and working simultaneously will help you advance in your career. It can help you improve your knowledge, understanding and gain experience, all of which can help you broaden your career scope.
• Continuous Growth in Career: The ability to work while pursuing a degree is the fascinating point of an MBA for working professionals. Unlike current employment constraints, students do not have to face the uncertainty of a job search after graduation. You can keep working and seek greater responsibilities within the same organization.

MBA for Working Professionals: Cons

Below is the list of cons on Mba for working professionals:

• Improper classroom experience: As we already know, an MBA degree is not complete without peer-to-peer interaction and connectivity. You will have few ways to connect as a weekend MBA student, even less so for students pursuing an MBA from a distance or online. This is a significant disadvantage for experts who would like to broaden their knowledge through open communication.
• Motivational Loss: Getting a part-time MBA while working full-time and juggling other responsibilities is comparable to running a marathon. Because of the longer MBA completion time, you may run out of endurance halfway through. Students who choose a part-time MBA must be vigilant in recalling their goals and maintaining their motivation; otherwise, they risk running out of steam before receiving their degree. 

Also Read: Top Government MBA Colleges With Low Fees: Average Annual Fees

What are the Career Benefits of the Executive MBA Program?

Working professionals pursuing such a course widen their career prospects and are equipped for higher-up positions in their organization. Enrolling in the Executive program enhances their managerial and strategic skills to make better business decisions. Such a degree accelerates one’s career and helps develop a secure network, boosts knowledge, and hones vital skills.

MBAs provide specializations in human resource, finance, marketing, supply chain management, retail management, operation management, etc. allowing students to switch into other sectors or domains. Career options include working as a business operation manager, market research analyst, top executive, human resource manager, etc. Pursuing an MBA is also a gateway for making your entrepreneur journey come true.

Also Read: Private or Government College? Which is Best for MBA?

Post-MBA Salary

Following successful completion of an MBA for Working Professional degree, the following are the career opportunities and their average salaries:

Job Role	Average Salary
Account Manager	INR 6 LPA
Brand Manager	INR 9 LPA
Risk Manager	INR 10 LPA
Project Manager	INR 12 LPA
Sales Manager	INR 6 LPA
Digital Marketing Manager	INR 6 LPA
Marketing Manager	INR 7 LPA
Management Consultant	INR 12 LPA
Human Resource Manager	INR 7 LPA
Investment Banker	INR 9 LPA

Also Read: Top MBA Colleges in Coimbatore Without Entrance Exams