MBA Specialisations List: Find the Perfect Fit for Your Ambition

It's time to turn your career dreams into reality. Most likely, finding the right MBA specialisation will give your professional life a boost. Whether it is to dive deep into the fast-moving world of finance, lead innovative tech projects, or craft strategy in marketing, there is a perfect fit out there waiting for you. Opening amazing avenues for success and grooming you with the knowledge to stand out amongst the rest in your field of operation - that is the power of choice for a specialisation, keeping in view your ambitions.

From vibrant entrepreneurship tracks to courses in analytical data science, this guide on MBA specialisations list will take you through options that will help you reach an appropriate decision and set you up for success. Take a look at these specialisations that will shape your future and create a pathway to a long-anticipated career.

Most Common MBA Specialisations List

1. MBA in Marketing
2. MBA in Human Resource Management
3. MBA in Finance
4. MBA in Operations Management
5. MBA in Information Technology
6. MBA in Tourism Management
7. MBA in Business Analytics
8. MBA in Healthcare management
9. MBA in International Business
10. MBA in Entrepreneurship and family business
11. MBA in Media Management
12. MBA in Hospitality Management
13. MBA in Infrastructure Management
14. MBA in Supply Chain Management
15. MBA in Strategic Management 
16. MBA in Digital Marketing
17. MBA in Education Management
18. MBA in Textile Management
19. MBA in Agri-Management
20. MBA in Energy Management

Top 10 MBA Specialisations in India

1. MBA in Marketing

It is believed, rather perceived, that marketing professionals are outgoing, extroverted people who easily make friends. With the advent of digital media, content marketing, and the era of consumerism, back-office roles for brand management have increased. MBA marketing graduates are welcomed for the roles in which market knowledge is to be built and applied for marketing strategy.

Jobs after MBA in Marketing

Top Recruiters for MBA in Marketing:

• Airtel (Bharti Telecom)
• Tata Teleservices
• Tata Motors
• HDFC Bank,
• Vodafone Essar
• IndiaMART
• IDEA Cellular
• Hindustan Unilever (HLL)
• InterMESH
• ICICI Bank
• ITC Limited
• Reliance Communications

2. MBA in Human Resource Management

After all, the growth of the company is directly intertwined with the quality of its people. This is the reason we refer to the terms human capital and talent management instead of manpower and personnel. This is where the expertise of a human resource professional becomes crucial; they are responsible for developing improved methods to manage and support employees, helping them to value both their organisation and their roles within it. An MBA graduate may start with a basic payroll job, but human resource management - from recruitment to success of an individual - is a sphere where professional expertise is increasingly being sought after.

Jobs after MBA in Human Resource Management

Top Recruiters for MBA in Human Resource Management

• Infosys Technologies
• Tata Consultancy Services
• Larsen & Toubro (L&T)
• Wipro Technologies
• HCL Technologies
• Reliance Industries
• Accenture Services
• IBM Global Services
• Magna Infotech
• Deloitte Touche Tohmatsu
• Capgemini
• Adecco PeopleOne

3. MBA in Finance

To the financiers, the company's bottom line is what matters. Influenced by fintech, financial markets have also been developed to operate innovatively and unconventionally. Today, modern financial services such as commodities and e-payments require managers to lead and manage them. In addition, the concept of behavioural finance, which deals with how behaviours and biases influence financial decisions, makes finance an interdisciplinary area. This integration of psychology with finance underlines the complex dynamics in play in today's financial landscape.

Jobs after MBA in Finance

Top Recruiters for MBA in Finance:

• Accenture
• JPMorgan Chase
• Deloitte
• Morgan Stanley
• HDFC Bank
• Apple
• Google
• SBI
• KPMG
• Barclays
• Wipro
• Ril

4. MBA in Supply Chain Management

The curriculum under an MBA in Supply Chain Management covers major areas that usually include supply chain analytics, global sourcing, risk management, and process improvement, together with core business subjects: finance, marketing, and leadership. You are prepared to take on challenges in managing end-to-end supply chain processes for efficiency, cost-effectiveness, and adaptability.

As global supply chains continue to grow in importance within today's interdependent economy, an MBA in Supply Chain Management offers a range of diverse career perspectives: supply chain manager, logistics director, operations consultant, procurement specialist - the roles go on, and most of these functions have been very instrumental in leading to high-impact positions across different industries.

Jobs after  MBA in Supply Chain Management

Top Recruiters for MBA in Supply Chain Management

• Amazon
• Apple
• Procter & Gamble
• Walmart
• Johnson & Johnson
• Samsung Electronics
• Pepsico
• IBM
• FedEx

5. MBA in Information Technology

An MBA in IT is a specialised course that incorporates core concepts in business management with advanced IT knowledge. This postgraduate degree concentrates on those who would like to take advantage of the technology sector by acting as an intermediary between business and technology. 

Specific courses generally included in an MBA-IT course are IT strategy, systems management, data analytics, cybersecurity, and digital transformation, coupled with traditional MBA courses such as finance, marketing, and leadership. Such a programme would equip you to a level where they are qualified enough to manage information technology departments, develop technological innovations, and make strategic decisions compatible with organisational objectives.

Jobs after MBA in Information Technology

Top Recruiters for MBA in Information Technology

• Cognizant
• Tata Consultancy Services
• Larsen & Toubro (L&T)
• Wipro Technologies
• HCL Technologies
• Reliance Industries
• Deloitte
• IBM Global Services
• Magna Infotech
• KPMG
• Capgemini

6. MBA in Tourism Management

An MBA in Tourism Management would be a course that is directed more towards combining management, commerce, and economics, with greater emphasis on the sectors of tourism, travel, and hospitality. The curriculum encompasses implementation of novel strategies and leadership qualities within the tourism sectors and their allied business fields.

Such a combination of core management principles with industry-specific inputs presents immense job and entrepreneurial opportunities. The MBA in Tourism Management is a full-fledged course comprising theoretical knowledge, practical applications, and fieldwork.

Jobs after  MBA in Tourism Management

Top Recruiters for MBA in Tourism Management

• Make My Trip
• Spice Jet
• Yatra.com
• Travel Corporation of India
• Radisson Blu
• Indian Holidays Private Ltd.
• Southwest Airlines
• Orbitz Tour and Trade Affairs
• Viva Voyages
• Holiday Links India

7. MBA in Business Analytics

Business analytics encompasses the collection, integration, sorting, and processing of data through the application of statistical models and methods to turn such data into interpretable business insights. These processes establish what datasets are valuable and how they could be useful in solving problems, improving productivity, ensuring efficiency, and increasing revenue.

The MBA in Business Analytics thus trains you both technically and managerially. Top-ranking MBA courses that focus on the field of business analytics expose you to many topics including, but not limited to, data mining, decision models, data visualisation, data acquisition and preparation, customer analytics, and more.

Jobs after  MBA in Business Analytics

Top Recruiters for MBA in Business Analytics

• Amazon
• Kotak Mahindra Bank
• HDFC Bank
• Wipro
• Analyttica
• Absolutdata
• LatentView Analytics

8. MBA in Healthcare Management

The MBA in Healthcare Management helps you understand how to get involved in surmounting the challenges of the industry with your skills and expertise, furthering its movement. This is a degree that involves comprehensive knowledge of the healthcare business and comprises an unparalleled opportunity for making positive changes in the lives of patients and society as a whole.

If you want to go further in your career, make a meaningful difference, and enjoy being part of a resource-intensive yet exciting field, look no further than an MBA in Healthcare Management.

Jobs after MBA in Healthcare Management

Top Recruiters for MBA in Healthcare Management

• Cipla, 
• Novartis, 
• Fortis, 
• Pfizer, 
• ICICI Lombard, 
• Apollo

9. MBA in International Business

The MBA in International Business is an extended version of the regular MBA. To be more detailed, it is assumed that the core curriculum for the course shall most likely cover the basics of business administration, most probably covering the areas of finance, accounting, marketing, and leadership.

It will teach you the global challenges with which companies and foreign markets deal, the global economics, and cross-border relationships, as well as the leadership and communication skills to succeed within multinational corporations.

The degree will either be in the form of a specialised MBA in International Business, or a traditional MBA with a track or specialised elective pathway that focuses on international business.

Jobs after  MBA in International Business

Top Recruiters for MBA in International Business

• TCS, 
• Accenture, 
• Cognizant, 
• NLC India Limited and 
• AI Airport Services Ltd

10. MBA in Hospitality Management

The MBA in Hospitality Management is a customised course incorporating advanced business principles in the operation of the hospitality industry. It is designed for leaders and innovators who want to pursue careers in various fields dealing with hotels, restaurants, resorts, and event planning. The regular curriculum would include hospitality operations, strategic management, service quality, and marketing courses, as well as finance and human resource management. 

This degree programme equips you with the ability to manage the experiences of guests, enhance operational efficiencies, and develop strategic business plans in the field of hospitality. With an emphasis on quality service and customer satisfaction, this industry assures you a readiness to pursue leadership careers such as hotel manager, resort director, event coordinator, and consultant. Quite often, this places you in a myriad of different global hospitality and tourism organisations.

Jobs after MBA in Hospitality Management

Tops Recruiters for MBA in Hospitality Management

• The Leela Palaces, Hotels and Resorts.
• ITC Hotels.
• Lemon Tree Hotels.
• The Oberoi Group.
• Neemrana Hotels.
• The Lalit.
• The Residency Group of Hotels.
• Sarovar Hotels & Resorts.

11. MBA in Strategic Management

Strategic management is the way an organisation puts in place its resources to achieve, effectively and through proper planning, oversight, monitoring, and analysis, its goals. An MBA in Strategic Management thus prepares you with the right kind of acumen needed for this critical frontier. 

In earning your MBA in Strategic Management, you would know how to create business plans based on solid principles and valid data. You will also enhance your decision-making capabilities and understand in depth the market dynamics that define the success of organisations. Additionally, this course arms you with a qualification paralleled to attractive salaries, varied career choices, high demand, and a well-respected career path.

Jobs after MBA in Strategic Management 

Tops Recruiters for  MBA in Strategic Management

• Amazon Hub Counter
• BCG
• Microsoft
• Cognizant
• Apple
• Deloitte
• HDFC Bank
• TCS
• A.T. Kearney

12. MBA in Entrepreneurship 

Here, you need to be very specific as not everyone is suited for an MBA in Entrepreneurship. Only if you are someone who wants to launch your own business or you belong to a family lineage of business ventures, you should opt for this. Moreover, you need to be super ambitious, persistent and take huge responsibility.

Among other courses of a business degree, business innovation, generating ideas for start-ups, feasibility of venture, sustaining a start-up, resource management, entrepreneurial strategies, and product design and marketing are a few other courses included in this category of business programmes.

Jobs after MBA in Entrepreneurship 

Tops Recruiters for  MBA in Entrepreneurship 

• Amazon
• Microsoft
• IBM
• AT Kearney
• PWC
• EY
• General Electric
• Accenture
• Deloitte
• Bain and Company
• Google
• BCG
• Apple
• CitiGroup
• Goldman Sachs
• Facebook
• Walt Disney
• Morgan Stanley
• Proctor and Gamble

How to Choose the Right MBA Specialisation?

Management education provides ample opportunities worldwide, but the selection of the right institute and area of specialisation becomes a very crucial aspect for you. In fact, this is the case when you choose to get an MBA. The selection of the MBA specialisation should be guided by the interest and career prospects you have in mind. Here are some key things to look at:

• Career Goals

Consider your long-term career goals before choosing a specialisation. Think about where you would want to be after just a few years. Your aspirations are bound to keep thinking of which way to take your career. You could have clear goals in mind to help you choose the course of study for a specialisation matching your vision.

• Personal Interests and Strengths

Knowledge of your real potential and personal interest is what helps you in choosing the right MBA specialisation. Your area of interest must be in line with your skill sets and the qualities which may be required for excellence in that profession.

• Duration of the MBA Programme

p Time taken by an MBA course varies from 1 to 2 years in different parts of the world. The first phase of the course always covers the basics of business and management studies, and the latter phase focuses on your chosen area of specialisation.

• Subjects Covered

The differences in the curriculum of Indian universities and that of abroad are very confusing for you to choose from. The attention should be given on the subjects and topics that are covered under the various MBA specialisations. The course structure will give you an idea as to what the course is all about and what all skills are taught to excel in the field.

• Ranking of B-School

Now, after the selection of a specialisation, the next thing is to select the university or business school that will actually give you a sound basis in the selected domain. Several institutes offer numerous fascinating courses in management and business for different tastes.

• Salary Expected

p This will also be motivated by the good salary package that comes with the MBA programme. Reflect on the professional benefits of the degree, then consider opportunities that it will bring. This will aid you in selecting a specialisation you are interested in, considering the attractive financial benefits.

When Should I Join an MBA Programme?

• MBA Right After Graduation 

There are certain advantages and disadvantages associated with joining an MBA course immediately after graduation.

p The immediate advantage is that since you have recently completed graduation, it would be comparatively easier to get adjusted with the academic pressure of the course since you are tuned into it. However, you may not understand certain concepts of the course structure if you have never been previously exposed to a corporate environment. On the positive note, the demand for MBA graduates is on the rise, which implies opportunities would be provided but you may be paid lesser during campus placements as compared to your peers with work experience.

• MBA After Gaining Work Experience

On the other hand, there are many significant advantages of pursuing an MBA after 3-4 years of work experience.

Some institutions do prefer professional experiences in a candidate. Your work experience could also lend greater weight to your application for an MBA, making you a more viable candidate for that degree. Further, accessing a financial loan for your MBA may be easier since you will have established certain credibility.

Many business schools offer lateral placements if you have already garnered some experience in the industry, therefore providing you with an added advantage in the job market. This is because, coming from a corporate background, you are in a better position to understand and apply whatever you will be taught within the four walls of your MBA classes. Besides, industries seeking senior or mid-level positions with high salaries prefer those with work experience as well.

Ultimately, it is a personal decision whether to go for a direct MBA or an MBA with work experience. The choice depends on your career goals. Weigh the pros against the cons to decide on the right time for pursuing an MBA in India.

To Sum Up:

Therefore, choosing a specialisation for an MBA is one of the most important decisions, and it might add significant pace to your career paths. For instance, specialisations in the fields of Business Analytics, Entrepreneurship, Finance, Marketing, Human Resource Management, Strategic Management, and Operations & Supply Chain Management are included. Each one of these specialisations encompasses unique competencies and knowledge, matching specific career goals with different industry requirements. 

Some of these MBA specialisations are offered at BML Munjal University with a carefully drafted curriculum to help you stay abreast of both theoretical knowledge and practical exposure. Whether you aim at driving innovation, guiding strategic initiatives, or optimising the running of a business, BML Munjal University offers comprehensive facilitation to your ambitions in the form of an MBA course. Take your career to the next level, explore the MBA specialisations list at the university and find the one that best fits your goals and passion.