An MBA course opted by you will signify your interest and preference for the domain and function which you are interested to study during your MBA program. However, it is not easy to opt for the best MBA courses with so many options available in the market. There are more than 3000 MBA colleges that offer more than 8500 different types of MBA courses in India. It becomes very confusing how to choose and finalize the best MBA out of so many courses.
In current scenario and going by the career growth projections, the list of MBA courses in India that are top 10 specializations include:
- Human Resource Management
- International Business
- Rural Management
- Business Analytics
- Supply Chain
- Agri Business Management
- Family Business and Health Care Management
High Placement Depends upon MBA Courses
If you go through the placement reports of IIMs, XLRI, SPJIMR, MDI, FMS Delhi, IIFT, you will find that placement packages for some of the MBA programs are much higher than other MBA courses. This is because that the above MBA graduates are more in demand by the industry when they visit for campus placements. MBA graduates with Finance, Marketing, HR, IB, BA specializations get higher compensation packages also. Accordingly, a skilled MBA with specialized course is more needed by Corporate sector than a General MBA who may not have that strong decision making expertise in the area. Another key point while browsing through the list of different MBA courses, is to check the MBA courses by IIMs in India vs MBA courses by other B-schools before making a choice.
1. MBA FINANCIAL MANAGEMENT
MBA Finance is one of the most preferred MBA program in the list of different MBA courses. MBA Finance is opted by the students to get excellence and groom leadership skills in the areas of Financial Management, Corporate Financial Planning, Corporate Acquisitions & Mergers, Accounting, Banking and Financial Management among others.
Who should opt for MBA Finance Course?
Those who wish to make finance management as their career after doing graduation in Commerce, Science, Humanities, or have done CA/CS/ICWA, or have engineering back ground, can opt for MBA Finance course as there is no specialized qualification bar to opt for MBA Finance subject. There is also no age bar to take admission in the MBA Finance program. MBA Finance course can be pursued with no age limit depending upon the person’s quest for the management program.
Top MBA colleges for MBA Finance
The MBA in Finance with different titles is offered by almost all the top MBA colleges in India including IIMs, XLRI, MDI, FMS among others. IIM Calcutta and IIM Ahmedabad are most preferred destinations to pursue MBA Finance Courses.
Profiles & Roles Offered
The MBA Finance has occupied key value among the most preferred MBA courses in top MBA colleges and the demand for the Finance Management professionals has been rising year after year. Financial Planning, controlling and managing the financial resources are the major functional areas for which industry needs MBA Finance graduates.
MBA Finance job opportunities exist in banking, corporate finance, accounting & taxation, investment management, mergers & acquisition, fund management, international finance, insurance management, stock portfolio management among other key areas.
The graduates with MBA Finance are offered key roles and profiles like Financial Analyst, Credit Risk Manager, Portfolio Manager, Treasury Manager, Derivatives Trader, Structuring, Assistant Vice President – Finance/Corporate Banking, Corporate Finance Manager among others.
MBA Finance Top Recruiters
Some of the top recruiters who look for candidates with MBA Finance qualification include KPMG, Deloitte, Boston Consulting, Axis Bank, Yes Bank, ICICI, Goldman sachs, Morgan Stanley, CRISIL, J P Morgan, Barclays, McKinsey, Lehman, Bain & Co, Merril Lynch among others. Your MBA Finance Job opportunity depends upon your diverse skill set which can take your career to new heights. Read More – MBA Finance
2. MBA MARKETING
MBA in Sales & Marketing Management is one of the most preferred MBA courses opted by the students to get skills in the areas of Consumer Behaviour, Sales Management, Branding, Product Development, Market Research, Advertising & Communication, Services Marketing, Rural Marketing, Digital Marketing amongst others
Who should opt for MBA Marketing Management?
Skills required by candidates to pursue MBA in Sales & Marketing degree are Mathematical Ability, Good Communication Skills, Analytical and Leadership Skills, Reasoning Skills and Problem-Solving Skills.
Not all find it suitable to pursue MBA Marketing as getting excellence in Sales & Marketing profession also depends upon your temperament and inclination towards the program. The MBA in Sales Management is usually opted by the students who have flair for communicating with more and more people, have good communication skills, have an understanding of human behavior, may get involved in general to specific marketing activities.
Top MBA colleges for MBA Marketing
The MBA in Sales & Marketing Management is offered by almost all the top MBA colleges in India including IIMs, XLRI, MDI, IMT, FMS among others. IIM Ahmedabad, IIM Calcutta, IIM Lucknow, XLRI Jamshedpur, FMS Delhi, NMIMS, FMS Delhi, IMT among others are most preferred destinations to pursue Sales & Marketing Management Courses
Profiles & Roles Offered
The marketing curriculum leads to such career opportunities as product management, industrial marketing management, advertising, sales management, marketing research, retailing, and consulting.
3. MBA HUMAN RESOURCE MANAGEMENT (HRM)
Managing and retaining the best human resources at the work place has become a challenge and therefore the demand for candidates who have done MBA in HR is growing year after year in the corporate and industry. With an increased recognition of the critical issues in managing human resources in business organizations, the specialists – MBAs in HR are in demand today for deploying their skills to hire, manage and retain talent in these dynamic & challenging times. Accordingly, MBA HR Jobs have also seen a good rise in campus placements at MBA colleges.
Who should Opt for MBA HRM Course?
If you are the one who has keen interest to the most sensitive ‘Human’ side of an organization, the MBA HRM is right choice for you. The program requires the Human Resource Manager to make sure that the business organization has the required number of skilled people with the adequate knowledge about their work and organizational goals. The program has its primary objective to develop the critical skills, knowledge and a sensitive HR Professional who can manage with ease – both core business and human resource related challenges.
The MBA HR subjects develop the required HR specialist competencies and the right attitude for today’s business environment, providing an insight into the people management challenges and practices relevant to each sector.
Top MBA colleges with HR
XLRI Jamshedpur, Xavier University Bhubaneswar, TISS Mumbai, IIM Indore, SCMHRD Pune are well known for their exclusive specialized MBA HR programs. In addition, IIM Ahmedabad, Bangalore, Calcutta, Lucknow among others offer MBA HR courses in their flagship programs.
Profiles & Roles Offered
There is a dearth of skilled Human Resources MBA professionals in Industry. MBA HR professionals are required to address all the hiring and retaining issues related to Human resources for the smooth functioning and growth of the company. There are number of HR jobs with high salary packages for an MBA in Human Resource Management. An MBA in HR gets senior level management role in corporate sector.
Profiles offered to the professionals with PGDM or MBA in HR include HR Managers – Training, compliance, Talent acquisition, Senior Manager HR, AVP, VP, Director-HR among others.
Aditya Birla Group, BPCL, Reliance, HUL, L&T, Accenture, Wipro, KPMG, Infosys, ICICI, HDFC, Tata and number of Public and Private sector companies across the country are among the top recruiters for MBA HR professionals.
4. MBA INTERNATIONAL BUSINESS
International Business is the backbone of economic growth and those who get skilled in the MBA International Business know well how the precious foreign currency could be earned for the country with best management skills.
MBA in International Business course gives key understanding of the capabilities needed for international operations. It imparts skills on international marketing, finance, various international codes of conduct.
Who should opt for MBA International Business?
MBA IB, in fact is the MBA degree on multinational corporate. If you have keen interest in global operations, international exports and imports, you can pursue this course.
Roles & Profiles Offered
Manager International Business; Manager International Finance; Manager International Operations; Manager Export; Manager Imports; Manager Logistics among others are the entry level roles and profiles offered to the candidates in domestic as well as international companies.
National and International recruiters hire the candidates with MBA degree in International Business. Some of the top recruiters include ABFRL, Airtel, Amazon, Axis Bank, Bajaj Auto, Bain Capability Network, Britannia, Citibank, GE, GEP, Godrej, Goldman Sachs, HP, HT Media, IVP, ICICI, Infoedge, ITC, JPMC, KPMG, Louis Dreyfus, Maersk Line, Marico, OfBusiness, Piramal, PPG Asian Paints, Royal Enfield, RPG, Shell, Synergy Consulting, Tata Metalliks, Tata Steel, Tata Motors, Wipro Technologies among others
5. MBA RURAL MANAGEMENT
More than 50 percent of India’s marketing, finance and human resources management will be related to rural management. India will require more and more qualified professionals with MBA in Rural Management courses during next 3-4 years. This is the reason that more and more multinationals are attracted towards the skilled professionals with MBA in Rural Management to cater to the needs of huge potential of rural market in India.
MBA in Rural Management applies the management theories and practice with their modified process meant for rural areas that can be converted into high potential market in future.
Who should Pursue MBA in Rural Management?
Rural Management program offers learning and managing the rural markets which are prominently dominated by agriculture and allied products by using locally available raw material. If you have interest and wish to grow as the expert on rural management, you should go for MBA-RM.
Careers & Profiles
MBA in Rural Management has a track record of 100% placement. Since the demand for rural managers is rising consistently and more and more MBA Rural Management Courses in India are being introduced, the MBA rural management jobs are also on the rise. Not only at campus placements, the job opportunities for qualified MBAs in Rural Management are available with high salary packages outside as well.
IIMs, University affiliated institutions, autonomous and private institutes have realized the importance of the Rural Management programs like MBA in Rural Management offering electives in Rural Marketing, Management of Rural resources including Human Resources, Rural Financing among others. More and more companies with tremendous investments with focused attention on Rural Markets.
Top Recruiters for MBA in Rural Management include Amul, Godrej Agrovet, PI Industries, Pioneering Ventures, Ninjacart, Waycool, EY, RBL Bank, RaboBank, INI Farms, Cloudtail, Reckitt Benckiser, ADM, KPMG, RIL, IBM, ICICI, TATA, Nokia, ITC, Microsoft, JSW, RPG, HUL, Amazon, Olam. Read More – MBA in Rural
6. MBA BUSINESS ANALYTICS
The importance of Business Analytics MBA is consistently growing as the demand for the talent to analyse and demystify big data is going up year after year. MBA courses by IIMs in India have included Business Analytics as one of the important programs or electives. Top university and private management institutes on realizing the importance of Business Analytics MBA program are offering it as one of the key Management courses in India. There are more than 100 B-schools offering MBA in Business Analytics courses in India either exclusive full time program or as a standalone 2 year full time/ 1 year fast track full time management program.
Who Should Opt for MBA-Business Analytics?
Business Analytics MBA is a comprehensive program that covers the latest analytics tools and techniques along with their business applications. Real world case studies are covered to enable participants to succeed in business roles using data analytics. If you have the analytical skills and interest to learn in this upcoming management field, you could go for this program.
Top MBA colleges
IIM Bangalore, IIM Calcutta, Great Lakes Institute of Management, LBSIM Delhi, offer exclusive PGDM/MBA in Business Analytics while IIM Lucknow, XLRI Jamshedpur, MDI Gurgaon among other top MBA colleges offer Business Analytics as key elective in their flagship program
Careers & Roles Offered
High placement opportunities are available to build your careers in Business Analytics. A student pursuing MBA in Business Analytics becomes a Business analyst who is capable to solve the various corporate organizational issues with his/her skills and data analytics tools. The companies hire the Business Analytics professionals to get the best suggestions and actions based on Business Data Analysis and scientifically arrived future predictions. The MBAs in Business Analytics are getting higher placements and are in high demand by the top recruiters, as the companies need these professionals who can use scientific analysis of Business data to make business decisions.
Some of the top recruiters offering careers in Business Analytics include Accenture, Crayon data, Global Analytics, Exl Analytics, Convergytics, Mu Sigma, Fractal Analytics, AbsoluteData, Manthan, Brillio, LatentView, Gramener among others. Read more – MBA Business Analytics
7. MBA SUPPLY CHAIN
MBA in supply chain equips you with the inventory management, warehousing, and transportation of various materials required by the client or a company. It offers skills in Logistics – National & Global, Supply Chain models, Transportation among other key areas.
Who Should Opt for MBA Supply Chain?
Graduate from any stream is eligible to pursue this course. If you like coordination, have interest in supply chain management models and the process related to it, you should go for it.
8. MBA AGRI BUSINESS
The recent spurt in MBA courses by IIMs in India have included full time MBA in Agri Business Management programs. Besides, number of universities and Agriculture Business Management colleges including top MBA colleges have realized the need of this MBA program and have launched MBA Agribusiness program in recent years.
Top MBA Colleges offering MBA Agri Business
IIM Ahmedabad, IIM Lucknow have launched MBA Agri Business as one of the separate management program on lines of their flagship MBA program. IRMA Anand and MANAGE Hyderabad are other prominent B-schools offering the MBA Agri Business and MBA Rural Management
Who should Opt for MBA Agri Business?
MBA Agri Business is best suited for the candidates with agriculture, agri engineering, food engineering/technology, graduate in agriculture science, biotechnology background. Besides, if you have keen interest in Agriculture and allied business activity and wish to make a career with this MBA course which has high growth prospects, you should opt for it.
Careers & Profiles
100% Placement is achieved in the top colleges offering MBA Agribusiness course. Consistent rise in salary during past 5 years of MBA Agri Business Placements is visible in the placement reports for MBA Agri Business program. Roles are offered in the Marketing, Finance, Agri Officer, Operations among other domains.
Career opportunities exist in Agri Input Industry; Seeds; Fertiliser; Agrochemicals; Farm Machinery and Equipments; Cattle Feed; Poultry Feed; Aqua Feed; Food Processing Industry; Dairy Processing; Fruit and Vegetable processing; Chicken & Meat Processing; Retail Industry; Financial Services; Private Sector Banks; Public Sector Banks; Small Finance Banks; NBFCs working in Agri and Rural Sector; Micro Finance; Agri Commodity Trading Sector; Agri Warehousing Sector; Development Sector; Cooperatives and FPOs; Agri Export Houses; E Commerce; Teaching & Research
Top recruiters like Adani, Reliance, Tata, Godrej, EY, KPMG, Tolaram, Ninjacart, Cloudtail among others have been participating in campus placements and making high salary offers in the management institutes offering MBA in Agri Business Management programmes.
There are several Agri start-ups which are exploring huge opportunities for agri-business graduates. Read more – MBA in Agri-Business
9. MBA FAMILY BUSINESS
MBA Family Business offers the opportunity to the students to further expand and strengthen their family business and also to venture into entrepreneurship with innovative ideas after getting proper grooming and skills on completion of their MBA Family Business and Entrepreneurship Program.
Some of the top MBA colleges offering Family Business Management Courses in India are IIM Bangalore, S P Jain, Nirma University, NMIMS Mumbai, EDII among others.
Who should opt for MBA in Family Business?
If you are inspired to go with the ‘Make in India’; ‘Start-Up India’ the course is for you. In the rapidly altering business environments and economies, the next generation of business owners want to tackle the uncertainty and volatility of business world effectively. To cater to the needs of this group, MBA Family Business and Entrepreneurship Program is designed to help meet the needs of next generation of family business owners.
The program gives boost to entrepreneurship ventures and to expand and modernize the family business to make it a successful and growth oriented business.
10. MBA HEALTHCARE MANAGEMENT
MBA in Healthcare Management is a fast upcoming course. Focusing on the most relevant issues of preventive Healthcare, treatment and pharma management, Hospital Administration and Management, health insurance, this course provides you brighter career prospects.
GIM Goa, K J Somaiya Mumbai, NMIMS Mumbai, Welingkar Mumbai are some of the prominent B-schools offering the MBA in Healthcare Management or Phramaceutical Management.
Who Should opt for MBA Healthcare Management?
If you are a science graduate with life sciences, biology, bio-technology and other relevant back ground and have keen interest in healthcare planning to become a part of healthcare management/ hospital operations, you can opt for MBA Healthcare Management program.
Profiles and Roles Offered
The MBA Health care offers you wide range of roles in healthcare management at various companies, hospital chains, diagnostic chains, healthcare insurance companies.
Some of the roles that are offered to the students with MBA Healthcare are Consultant / Associate Consultant, Domain specialist – Healthcare, Analysts, Marketing executives, Marketing and sales executives, Management trainee, Manager / Assistant Manager, Business lead, Hospital operations executive, Healthcare HR executive, Healthcare Finance executive, Project manager / co-ordinator, Health Insurance executive
Placements are offered in top hospitals, health insurance companies, medical tourism companies, diagnostic Labs, NGOs, Healthcare IT, Preventive and Social Health sector, Healthcare Research Establishments, Government and semi-Government Healthcare programmes, Organizations related to World Health Organization (WHO) among others
Some of the top recruiters include Piramal, Aditya Birla Sunlife, Siemens, GE, J&J, Abbott, Cipla, Pfizer, Glenmark, E&Y, KPMG, Deloitte, McKinzee, PWC, Cognizant, Infosys, TCS, ICICI Lombard, Bajaj Allianz, Star Health, Fortis, Apollo, Manipal, Columbia Asia,UNICEF, UNDP, Government organizations among others
MBA Courses by IIMs in India
Apart from MBA courses offered in the second year, some of the IIMs also offer MBA courses in different streams like MBA in Business Analytics, MBA in Food & Agriculture, MBA in Agriculture Business Management, MBA in Human Resource Management, MBA in Sustainability Management among others. Below is shared the list of MBA Courses offered by IIMs:
|Name of the IIM offering MBA courses||List of MBA courses offered|
|IIM Ahmedabad||PGP, PGP-FABM, ePGP|
|IIM Bangalore||MBA, MBAEM, MBAPM|
|IIM Bodh Gaya||PGP|
|IIM Indore||PGP, PGP-HRM|
|IIM Kashipur||PGP, EPGP|
|IIM Kozhikode||PGP, EPGP (IIMK, IIMK Kochi Campus)|
|IIM Lucknow||MBA, MBA-ABM, MBA-SM|
|IIM Ranchi||PGP, PGP-HRM|
|IIM Rohtak||PGP, EPGPX|
|RGIIM Shillong||PGP, PGPEX|
|IIM Tiruchirappalli||PGP, PGPM-HR, PGPBM|
There are more than 50 different MBA programs offered in India by more than 3000 B-Schools on the basis of Functions or Industry Sectors/Domains. The MBA Marketing and MBA Finance followed by MBA Human Resource Management and MBA International Business are the most popular MBA courses in India.