MBA Streams in India: The Master of Business Administration or MBA is amongst one of the most popular postgraduate programs in India as well as abroad. After completion of this program, one can get a job opportunity to work in the corporate world.
Key Details
- The reason for MBA being so popular is that a student from any background like science, commerce or humanities can pursue it.
- Like all post graduate courses it has a duration of 2 years, divided into six or four semesters. But also, some private colleges offer one-year PGDMA courses as well.
- A person can pursue an MBA degree in various modes like regular, online, or distance learning. The regular MBA is the most popular amongst all as it includes practical projects, theory classes as well as internships.
- In order to get an admission in one of the best business schools, one has to clear any of the following exams:-
- Choosing which field to specialize in can be a confusing process for all the students. But it is really important to consider your goals for career before choosing a specialization. It gets a lot easier to choose a field if you know about what you are looking for in your career. Here are the best streams to go for in an MBA.
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List of Best 5 MBA Streams in India
MBA in Finance
Pursuing MBA Streams In India will prepare you in different subjects like budgeting, international finance, capital management etc. An MBA in finance can be working for both banking and non-banking sectors. After completion of this course you will be able to apply for roles of the following positions in any company or industry:-
- Asset management
- Corporate banking
- Hedge fund manager
- Private equity
- Credit risk management
- Corporate finance
MBA in Marketing
It is one of the oldest fields of management study and also quite popular. Nowadays, each and every organization requires a marketing team that can make the brand popular amongst the public through advertising, promotions, sales etc. With the rising era of the internet, a new branch of marketing that is online or digital marketing is further expanding the scope of an MBA in marketing. The scope of an MBA in marketing in today’s world is huge. A person with a degree of MBA in marketing can opt for the following job positions:-
- Marketing manager
- Brand manager
- Business operations manager
- Chief marketing officer
- Marketing consultant
- SEO/SEM manager
MBA in Human Resources
This program will help you to gain the knowledge and training in managing the workforce of an organization. The main task of HR is to take care of the welfare of the company’s employees. They are one of the most important contributors to the growth of the company. They basically have to maintain the culture of the company and hire only the best of the talents and retain them.
MBA in Operations
MBA Streams In India ensures that students apply their skills in many related functions and roles. You will also learn to manage how the flows are maintained and to develop inter-department relations. The job roles you can apply for after the completion of this course are:-
- Business process manager
- Plant manager
- Operations manager
- Supply chain program manager
- Area operations manager
MBA in International Business
An MBA in international business helps to provide in-depth knowledge of the organizational competencies required by the student for international operations. Companies that are willing to expand their business internationally require candidates who can deal with international scenarios and have good knowledge and know the concepts of business establishment and development. The opportunities you receive are working as a brand manager, foreign exchange manager, international marketer, export-import marketing etc.
MBA Streams in India: Frequently Asked Questions (FAQs)
- Is pursuing an MBA degree expensive?
The fees of pursuing an MBA in India ranges from Rs.20,000 to Rs.40lakh.
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- Who is eligible to pursue an MBA degree?
The basic eligibility criteria are graduation in any field from a recognized university with a minimum score of 50% on average.
- What is the average salary after completing an MBA degree?
The average salary of an entry-level in India is around Rs.3,90,000 PA. But with experience of 1-4 years, it can grow up to 6,90,000 PA or more.