Top MBA Specializations in demand

April 04, 2020

Top MBA Specializations in demand

 

An MBA specialization 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 specialization with so many options available in the market. It becomes very confusing how to choose and finalize the best MBA specialization out of so many courses.

A number of MBA specializations in demand include fields like Marketing, Finance, International Business, Human Resources Operations Management, Information Systems and Supply Chain Management. This reflects the increasing role of interdisciplinary paradigm in industry and corporate sector. MBA specializations in demand in India guarantee success in diverse career opportunities. The question remains as to which MBA course is best in perspective of the best MBA specialization for future. In order to get admissions in Best B-schools in India candidate has to clear any of the following exams:

  • GMAT
  • CAT
  • XAT

There are 5 major MBA specialization programs –

  • Finance
  • Marketing
  • Information Technology
  • Operation
  • Human Resources

MBA Specialization in Finance

In Finance specialization, students are briefed on statistical analysis, leadership, economic strategy and basic financial knowledge about the business field. The manager in finance is the highest paid job these days. As it is the responsibility of the manager in finance to maintain the financial records of the company. 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. 

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. 

MBA Specialization in Marketing

Marketing majors help in the understanding the market and its fundamentals. Students can take it as a double major with a choice of another subject alongside. An MBA in Marketing offers special education in promotion management, consumer behavior, brand management and selling strategies. Along the traditional MBA coursework which emphasizes advanced business strategy, human resources, corporate management and finance. A marketing specialization inculcates an array of skills that are useful in a number of business positions across corporate. Marketing management in India revolves around matching the needs of consumers to the marketing resources of a company. All the top companies national and international require Marketing professionals. Top Recruiters in the domain include the Banking sector, IT sector, FMCG Sector, Consulting sector among others. 

Some Best recruiters for MBA marketing among all areas are as the following:

  • Tata Consultancy Services Limited
  • Wipro
  • Microsoft Corporation
  • Hetero Drugs
  • ICICI Bank

MBA Specialization in Operation

This field trains the students in operations specializations, students are trained with the requisite skill set to enter the industry. It helps in widening the knowledge of the student about the business field and develops leadership skills. It is a specialized field that facilitates the process of delivering value to the end customer by improving productivity, quality, cost, and turnaround time. The MBA in operation management is all about manufacturing, services, trading etc. It includes the managing process like product design, manufacturing, quality, supply etc. With Business Operations as your MBA specialization, you may start off as Product Manager or Technical Supervisor and reach the position of Chief Technology Officer (CTO) or General Manager of a company, especially in manufacturing, engineering and IT sectors. 

Some Best recruiters for MBA operations among all areas are as the following:

  • HCL Technologies Ltd.               
  • Infosys Limited                             
  • Com Inc                                              
  • Hewlett-Packard Company      
  • Capgemini  

MBA Specialization in Information Technology

Information Technology students are trained in both technical knowledge and management skills. It is the management of all information technology resources of a company. These resources can comprise computer hardware, software, networks, data and data centre facilities and also the staff involved. In today’s time, you cannot escape technology. Every company or industry wants to grow their business with technical expertise. A manager in IT is responsible to manage the IT department of the company. 

Some Best recruiters for MBA Information Technology among all areas are as the following:

  • Google
  • Facebook
  • Qualcomm
  • Adobe
  • F5 Networks
  • Apple and many more.

MBA Specialization in Human Resource
In this specialization, Students are trained on how the staff should be managed, who all should be appointed, how to appoint new staff and how to train the staff. It basically trains the candidates upon the guidelines of human management. A Human Resource manager in a company responsible to acquire, manage and retain the workforce. A Manager tries to maintain the balance between the company and employee aspirations. 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. HR management will equip you with all these key skills, concepts and the knowledge to manage human resources in a way which leads to the success of a company. 

Some Best recruiters for MBA Human Resource among all areas are as the following:

  • Randstad
  • Kelly Services India
  • Mercer India
  • Adecco India
  • Black and white business solution
  • ABC Consultants
  • Genius consultant Ltd.
  • Career expert
  • Talent Mappers

Hence, after getting through the best MBA Specialization, you must be thinking how to choose the best direction for you. So before deciding, you must look into these factors:

  • B-School Ranking: Ensure that the B-school is best as per latest b-school ranking in providing that particular specialization. For that, you can check their course structure, Alumni from the official website.
     
  • MBA Programme Length: Some programmes are for one year only and require some experience. So, take this also into consideration before taking a decision.
     
  • Personal Interest: Most importantly, it all depends on your depends. If you are interested in some particular areas then do not go for specialization after checking its pay scale only.
     
  • What are your goals: Set your goals, analyze your strengths. For example, if you love traveling and good communication skills then opt for HR instead of Finance.

 

Also See

 

 

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