Top 5 Most Popular MBA

Specializations in India

Introduction

Once a student decides to do an MBA degree, the biggestchallenge that continually taunts the student is to decide betweenthe numerous specializations that are offered today. Each andevery specialization that is offered has its own set of perks andadvantages. No specialization is better than the other and everyspecialization is unique in itself.

This article will give you information regarding the top five mostpopular MBA specializations so that you can make a wellinformed decision. Even though all the specializations of MBAare equally interesting, challenging and advantageous, make surethe specialization you choose is in accordance with your nature,area of interest and capabilities.

MBA in Finance

Every company needs finance to survive

in the long run. Efficient management of

funds and its mobilization in the right

direction is extremely crucial for the long

term success and growth of the business.

Hence, every company needs a good

financial manager who has mastery over

financial management. It is because of

this that the MBA-Finance specialization

is the most popular and the most sought

after specialization especially in India.

MBA in Finance deals with various aspects of financial management such as costing, management accounting, budgeting, trend projection, capital management etc. In short, the MBA Finance program will enable you to efficiently manage funds of the firm you will be working in. It will give you the required intelligence to mobilize funds towards the most suitable direction. Even in times of recession, there will be continuous demand for financial managers.

Hence, if you are a logical thinker and if you have a good command over numbers, then this specialization is the most suited for you. All the IIM’s, SPJIMR, NMIMS and Symbiosis Institute of Business Managements are the top business schools you must aim for if you wish to become a successful finance manager.

MBA in Human Resource

Management

The human resources of a firm (i.e.) theemployees are responsible formaterialising the goals of the firm.Presence of good employees willskyrocket the success of a company.However, in every firm, a person isneeded who can supervise, motivate andmanage the employees efficiently. Thatperson is a human resource manager.Hence, MBA in Human ResourceManagement (HRM) will give you thenecessary skills to manage the employeesof a firm. Hence after MBA finance,MBA HRM is the next most sought afterMBA specialization.

Since in India there is an extreme abundance of humanresources, human resource managers are in high demandin Indian companies. Hence, doing this MBAspecialization will have a major positive impact on yourcareer. This specialization will train you to select andhandle the employees of a company and it will give youthe required intelligence to select and employ the mostefficient employee for a particular job. Hence, if youhave good communication skills and if you have theability to aptly read and judge people, then this course isfor you. IIM Ahmedabad and XLRI Jamshedpur is thetop rated B-schools that offer this specialization.

MBA in Marketing Management Marketing is that activity which

directs the flow of goods andservices from the supplier/serviceprovider to the ultimate consumer.Marketing makes a company’sactivities known to the generalpublic. Hence, for any company inthe world to survive and grow on along term basis, it needs anefficient group of marketingmanagers. So considering all this, itis pretty evident that the demandfor a marketing manager isparamount.

Obviously, one can expect a very rewarding and an

exciting career after being chosen as a marketing

manager. If you want to become a marketing manager,

then MBA-Marketing Management is the course for you.

If you have good communication skills and good

resource mobilization skills, then you can reach heights

after doing this course. For pursuing MBA in Marketing

Management, Indian School of Business, IIT Bombay,

IIM Ahmedabad and Faculty of Management Studies

(FMS) of University of Delhi are the top B-Schools you

need to aim for.

MBA in Information Systems

Management

The IT industry is growing at a rapid rate all over the world.

Computers have become an all pervasive necessity in households

and firms. In firms mostly all business processes are conducted

by computers. So there is a huge demand for Information

System Managers (ISM)/IT managers all over the world.

You must hence tap this opportunity and strive tobecome an IT manager. To become an IT manager, youmust opt for MBA- ISM specialization. If you are alogical thinker and are passionate about computers, thenthis course is for you. This course will give you the skillsrequired for designing, implementing, using andadministering IT solutions in a company.

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IndianBusiness School Hyderabad and Loyola Institute forBusiness Administration (LIBA) Chennai are the topinstitutes offering this course.

MBA in Operations Management

Operations management means management of

production activities of a firm. An operations manager is

expected to maintain smoothness in the production

process, maintain harmony among various departments

of the firm, to use the raw material efficiently and to

efficiently manage the inventories. Hence, an operations

manager is an essential asset to any production house.

To become an operations manager, you must opt for

MBA-Operations Management. Upon completion, you a

lot of opportunities can be tapped, thus making a huge

positive shift in your career.

XLRI Jamshedpur, IIT Delhi, IIM Bangalore, IIM

Calcutta and Symbiosis Institute of Operations

Management are the best B-Schools offering this course.

Choosing a Specialization All the MBA specializations mentioned above are equally

good and equally potent enough to take you to heights. Thereare two main things you must keep in mind while trying tochoose a specialization. The first one is to make sure you doyour MBA from a good business school. The institute youstudy in will make a huge impact. The second one is that youmust choose that specialization which suits your intellectualcapabilities and skills.

Make sure you do that specialization you are best interested in.All the best!!!

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