Master of business administration is a master’s degree that equips students in learning technical, management, and leadership skills. It’s suitable for students who are willing to pursue further studies or someone who wish to switch careers into different domains/sectors. With a degree in MBA, a student can pursue a managerial career in the public sector, government, private industry, and other areas. This article gives an overview of the best MBA courses in India.
Reasons to Pursue a Master of Business Administration
- MBA is a gateway for students who are looking to switch careers
- Helps students to develop and sharpens managerial and strategic skills to make better business decisions
- Provides a solid foundation in the area of Entrepreneurship
- Access to an extensive business network
- Provides ample amount of job opportunities
Overview Of MBA courses
MBA is considered one of the popular master’s degrees among students. With time this program has evolved to match the industry requirements. A student can choose from various specializations based on one’s interest in the subjects, passion, and skills.
Best MBA courses in demand in India are,
- MBA in Finance
- MBA in Marketing
- MBA in Human Resource
- MBA in International Business
- MBA in Operation Management
- MBA in Supply Chain Management
MBA in Finance
Considered as one of the highly opted specializations among students. The curriculum of MBA Finance includes costing, budgeting, international finance, capital management, finance management, etc. On completing such a course, students are enabled to work in the finance department of any organization. With the growing size of the Indian banking sector, it has a huge requirement of skilled professionals in finance.
Other employment opportunities include in the insurance industry, mutual fund industry, stock exchange, and financial consulting. Employment opportunities include working as a financial analyst, auditor, tax consultant, etc.
MBA in Marketing
MBA Marketing allows students to encompass consumer behavior, market behavior, aspects of advertising, managerial communication, marketing research, customer relationship management, etc. Students with excellent communication and resource mobilization skills are best suited for the marketing field. A career in marketing is contemplated as dynamic and competitive.
Job profiles include:
- Brand Manager
- Corporate Sales Manager
- Head of Digital Marketing
- Market Research Analyst
- Media planner
- Marketing Manager
MBA in Human Resource
If you are someone with an extroverted personality, human psychology interests you, strong communication skills, then an MBA Human Resource is the right specialization. An MBA in HR offers responsibilities in recruitment, talent management, retention management, and reward management.
MBA in International Business
MBA International Business course aims to provide in-depth knowledge of international marketing, operations, client management, finance, etc. On completing an MBA in international business, students are expected to work in export and import, foreign exchange, international finance, international marketing, and logistics.
Job profiles include:-
- Business development director
- International trade and customs manager
- Foreign policy advisor
- Financial controller
MBA in Operation Management
MBA Operation Management deals with product management, shop floor management related functions, maintaining process flows, vendor management, etc.
Job profiles include:
- Logistics Engineer
- Operation Manager
- Quality Analyst
MBA in Supply Chain Management
MBA Supply Chain Management offers you skills in logistics and transportations, supply chain models, supply chain management, international logistics, and supply chain logistics.
Job profiles include:-
- Sale Purchase Assist
- Logistic Trainee
- Material Manager
Top Colleges for MBA Program
Here’s a list of colleges in India providing an MBA program:-
- Indian Institute of Management, Ahmedabad
- Indian Institute of Management, Bangalore
- Xavier School of Management, Jamshedpur
- Indian Institute of Foreign Trade
- Institute of Management Technology, Ghaziabad
- Symbiosis Institute of Management, Pune
- Christ University
- International Management Institute, Bhubaneshwar
What are the other specializations available in MBA?
Apart from the popular ones the other specializations are rural management, agriculture business management, health care management, strategy information technology, etc
The fee structure for pursuing an MBA program?
It depends on college to college. Roughly it varies between 4 lakhs to 24 lakhs.
What is the starting salary for MBA professionals?
The salary of an MBA professional highly depends on specialization, experience, and employer.
Does the MBA program provide dual specialization for students?
Yes, most colleges provide students with dual specializations, which is an added advantage.
What are the various entrance exams for MBA?