24,Nov 2023
An MBA is a postgraduate degree program that imparts the necessary skills and knowledge for thriving in business and management positions. The curriculum of an MBA program is extensive, covering a wide range of subjects such as accounting, finance, marketing, operations, human resources, and leadership. MBA students typically undertake a combination of core and elective courses, with many programs requiring the completion of a capstone project or internship. There are various modes of MBA programs available, including full-time, part-time, online, and international, each with its own set of entry requirements. The compensation for MBA graduates can fluctuate, influenced by factors such as academic achievement, the sector of employment, geographical location, and previous work experience.
In this blog helps you to know about various trending MBA specialisation programs along with career scope and average salary offered in the market.
This MBA degree equips students for executive roles in brand management. The degree generally encompasses subjects such as brand strategy, marketing, consumer behaviour, and advertising. Learners are exposed to the most recent advancements and strategies in brand management, and are trained on how to establish and oversee prosperous brands.
Career Options: Brand Manager, Marketing Manager, Product Manager, Advertising Manager, Public Relations Manager
Salary Range: INR 7.7 LPA to INR 14 LPA
This degree typically includes coursework in data analysis, statistics, machine learning, and predictive modelling. Students will learn about the latest business analytics trends and techniques, and how to use data to make informed business decisions.
Career Options: Data Scientist; Data Analyst; Business Intelligence Manager; Machine Learning Engineer; Data Architect
Salary Range: INR 5.5 LPA to INR 12 LPA
MBA in Customer Relationship Management (CRM) teaches you how to manage and improve the relationships between a company and its customers. It covers topics such as marketing, sales, service, and communication strategies, as well as the use of CRM technology and tools.
Career Options: CRM Manager; Customer Success/Service Manager; Customer Experience Management (CXM); CRM Analyst; Marketing Manager; Sales Manager; E-commerce CRM Specialist; Social Media CRM Specialist; International CRM Specialist; CRM Consultant; CRM Project Manager
Salary Range: INR 5.5 LPA to INR 7.5 LPA
This degree course equips students with the skills to start and manage their own businesses or work in corporate innovation and venture capital. The course covers areas such as finance, business management, human resources, and account management.
Career Options: Start-up Founder; BDM; Consultant; Venture Capitalist; Entrepreneur; Entrepreneur in Residence; Policy Analyst; Entrepreneurship Educator
Salary Range: INR 5 LPA to INR 20 LPA
Finance Management
MBA in Finance Management equips individuals with the knowledge and skills necessary to excel in the dynamic world of finance. Graduates of this program are highly sought after by organizations across various industries, including banking, financial services, consulting, investment firms, and corporate finance departments.
Career Options: Investment Banker; Corporate Treasurer; Risk Analyst; Cash Manager; Credit Manager; Consultant; Portfolio Manager; Planner; Educator; Writer; Research Analyst
Salary Range: INR 6 LPA to INR 8 LPA
MBA in General Management provides a broad foundation in business fundamentals and prepares graduates for a wide range of leadership and management roles to effectively manage businesses of all sizes and industries. This course provides comprehensive overview of business fundamentals, including marketing, management, finance, and accounting.
Career Options: Business Development Manager; Operations Manager; Project Manager; Product Manager; Marketing Manager; Sales Manager; Human Resources Manager; General Manager; Consultant; Entrepreneur
Salary Range: INR 6 LPA to INR 8 LPA
An MBA in Hotel Management is a specialized program that provides students with the knowledge and skills necessary to manage and operate hotels, resorts, and other hospitality businesses.
Career Options: Hotel Manager; F&B Manager; Front Office Manager; Housekeeping Manager; Sales Manager; Event Planner; Travel Consultant; HR Manager; Fast Food Chain Manager
An MBA in HR Management is a postgraduate program that provides individuals with the necessary skills and knowledge to oversee the entire employee journey, from hiring and on boarding to training and termination. The goal of this field of management is to maximize an organization's human resources by establishing working conditions, benefits, and environments that meet industry standards, all while safeguarding the organization's interests.
Career Options: Human Resources Manager; Recruitment Manager; Talent Acquisition Specialist; Compensation and Benefits Manager; Training and Development Manager; Employee Relations Manager; Performance Management Specialist; Consultant; Research Analyst; Educator
Salary Range: INR 5 LPA to INR 7 LPA
MBA in Real Estate Management is a specialized degree that equips students with the knowledge and skills necessary to succeed in the dynamic and ever-evolving real estate industry. The course focuses on areas such as CRM, Marketing, Sales, Finance, HRM, and General Management.
Career Options: Analyst; Broker; Estate Developer; Property manager; Investment manager; Influencer; Communication Manager; Asset Manager
Salary Range: INR 4.5 LPA to INR 5 LPA
MBA in International Business provides comprehensive knowledge on the trade of goods, services, resources, people, ideas, and technologies across national boundaries. It encompasses all commercial activities that involve the cross-border movement of goods, services, capital, or knowledge.
Career Options: Business Manager; Consultant; Analyst; Trade Coordination Specialist; Market Researcher; Policy Advisor; Entrepreneur
Salary Range: INR 6 LPA to INR 8 LPA
An MBA in IT Management equips individuals with the skills and knowledge necessary to effectively manage and lead technology-driven businesses and organizations with modern concepts of information security, project management, and telecommunications.
Career Options: Manager; Project Manager; Business Analyst; Infrastructure Manager; Security Manager; Consulting Manager; Service Delivery Manager; Operations Manager; Vendor Manager; IT Education and Training Specialist
Salary Range: INR 8 LPA to INR 10 LPA
Logistics Management postgraduate degree empowers individuals with the knowledge and skills necessary to effectively manage and optimize the movement of goods and information across the supply chain network prevailing in industries such as manufacturing, retail, transportation, and e-commerce.
Career Options: Logistics Manager; Supply Chain Manager; Transportation Manager; Warehouse Manager; Procurement Manager; Consultant; Research Analyst; Educator; Software Developer; Entrepreneur
Salary Range: INR 6 LPA to INR 8 LPA
MBA in Marketing Management provides students with the knowledge and skills necessary to succeed in the field of marketing. Future managers are responsible for developing and implementing marketing strategies that promote a company's products or services. They also play a key role in branding, advertising, and public relations.
Career Options: Marketing Manager, Sales Manager, Business Development Manager, Public Relations Manager, Communication Manager, Market Research Analyst, Digital Marketing Specialist, CRM Personnel
Salary Range: INR 6 LPA to INR 8 LPA
A graduate with an MBA in operations management is primarily concerned with planning, organizing, and supervising in the context of production, manufacturing, or providing services. It is a delivery-focused discipline that requires analytical as well as organizational skills.
Career Options: Operations Manager, Supply Chain Manager, Logistics Manager, Consultant, Inventory Control Manager, Plant Manager, Manufacturing Consulting Managers, Process Reengineering Manager
Salary Range: INR 6 LPA to INR 8 LPA
An MBA in Project Management provides students with the necessary knowledge and skills to effectively plan, implement, and monitor projects. This involves identifying potential risks, allocating resources, and coordinating team efforts to ensure project completion within the stipulated time and budget.
Career Options: Manager, Cost Estimator, Risk Manager, Quality Manager, Procurement Manager, Project Leader, Project Scheduler, Project Planner, Team Leader, Test Manager
Salary Range: INR 5 LPA to INR 8 LPA
Retail management is the process of managing the daily activities of retail businesses, such as inventory, sales, customer service, product sourcing, pricing, display, and strategic planning.
Career Options: Regional manager, Retail Store Manager, Sales Manager, Brand Manager, Sales Executive, Department Manager, Retail Industry Coordinator, Financial Controller, Warehouse Manager, Merchandiser, Operations Manager
Salary Range: INR 4 LPA to INR 7 LPA
Risk management involves the systematic process of pinpointing, evaluating, and managing threats that could potentially harm an organization’s capital, earnings, and operations. These threats could originate from various areas such as financial uncertainties, legal responsibilities, technological complications, strategic management mistakes, unforeseen accidents, and natural disasters.
Career Options: Risk Manager, Actuary, Sales Manager, Financial Analyst, Security Analyst, Underwriter, Compliance Officer, Loss Control Representative
Salary Range: INR 4 LPA to INR 9 LPA
This program is designed to equip students with the skills and knowledge needed to excel in various roles within the strategic management industry to improve its performance.
Career Options: Strategy Manager, Research Investigator, Compliance Officer, Product Strategist, Marketing Strategist, Corporate Planner, Financial Analyst, Business Analyst, Management Analyst, Policy Analyst, Project Analyst, BDM
Salary Range: INR 6.5 LPA to INR 10 LPA
An MBA in Supply Chain Management (SCM) equips students with the knowledge and skills necessary to manage the complex flow of goods and services from suppliers to customers.
Career Options: Supply Chain Manager, Purchasing Manager, Inventory Planning Specialist, Production Planner, Operations Manager, Warehouse Operations Manager, Transportation Manager, Business Operations Manager, Manager of Global Sourcing, Strategic Sourcing Manager, Supply Chain Performance Analyst
Salary Range: INR 5 LPA to INR 9 LPA
An MBA in Telecom Management is a focused program that addresses the managerial aspects of telecommunications and information technology within an organization’s operational areas. It emphasizes on the management of telecom networks, including data, voice, and video. This course is particularly tailored to the needs of the telecommunications sector, making it an ideal choice for those aspiring to work in this industry.
Career Options: Chief Telecom Officer (CTO), Head of Telecom Operations, Senior Telecom Manager, Telecom Manager, Business Development Manager, Product Manager, Marketing Manager, Sales Manager, Network Operations Manager
Salary Range: INR 8 LPA to INR 10 LPA
| Specialization | Scope | Average Salary (in INR LPA) |
|---|---|---|
| Accounting Management | Financial Analyst; Management Accountant; Internal Auditor; Tax Accountant; Cost Accountant; Chief Financial Officer (CFO); Controller; Treasurer | INR 7.2 LPA to INR 15 LPA |
| Biotechnology Management | Biotechnology Product Manager; Biotechnology Research Scientist; Biotechnology Consultant; Biotechnology Operations Manager; Biotechnology Quality Assurance Manager; CEO | INR 8.7 LPA to INR 16 LPA |
| Business Process Management | Business Process Analyst; Business Process Manager; Process Improvement Consultant; Process Automation Specialist; BPM Project Manager | INR 8.7 LPA to INR 12 LPA |
| Communication Management | Communication Manager; Public Relations Manager; Internal Communications Manager; Corporate Communications Manager; Crisis Communications Manager | INR 7.2 LPA to INR 14 LPA |
| Consulting | Management Consultant; Strategy Consultant; Organizational Consultant; Technology Consultant; Financial Consultant | INR 12 LPA to 15 LPA |
| Co-operative Management | Cooperative Manager; Cooperative BDM; Cooperative Marketing Manager; Cooperative Finance Manager; Cooperative Policy Analyst | INR 4.5 LPA to INR 10 LPA |
| Dairy Management | Farm Manager; Plant Manager; Marketing Manager; Quality Assurance Manager; Research and Development Manager; Policy Analyst; Sales Manager; Educator; Extension Specialist | INR 6 LPA to INR 12 LPA |
| Disaster Management | Emergency Manager; Project Managers; Policy Analyst; Disaster Officers; Public Health Officer; Technical Support Managers; Disaster Relief Coordinator; Logistics Specialist; Safety Specialists; Engineering Specialists | INR 3 LPA to INR 6 LPA |
| Energy Management | BDM; Performance Engineer; Auditor; Consultant; Policy Analyst; Sustainability manager; Trader | INR 3 LPA to INR 5 LPA |
| Environment Management | Consultant; Manager; Sustainability Manager; Policy Analyst; Project Manager; Auditor; Research Scientist; Educator | INR 6 LPA to INR 7 LPA |
| Facility Management | Manager; Engineer; Maintenance Manager; Sustainability Manager; Real Estate Manager; Property Manager; Construction Manager; Planning and Design Consultant; Educator | INR 5 LPA to INR 6 LPA |
