- Blog Categories
- Software Development Projects and Ideas
- 12 Computer Science Project Ideas
- 28 Beginner Software Projects
- Top 10 Engineering Project Ideas
- Top 10 Easy Final Year Projects
- Top 10 Mini Projects for Engineers
- 25 Best Django Project Ideas
- Top 20 MERN Stack Project Ideas
- Top 12 Real Time Projects
- Top 6 Major CSE Projects
- 12 Robotics Projects for All Levels
- Java Programming Concepts
- Abstract Class in Java and Methods
- Constructor Overloading in Java
- StringBuffer vs StringBuilder
- Java Identifiers: Syntax & Examples
- Types of Variables in Java Explained
- Composition in Java: Examples
- Append in Java: Implementation
- Loose Coupling vs Tight Coupling
- Integrity Constraints in DBMS
- Different Types of Operators Explained
- Career and Interview Preparation in IT
- Top 14 IT Courses for Jobs
- Top 20 Highest Paying Languages
- 23 Top CS Interview Q&A
- Best IT Jobs without Coding
- Software Engineer Salary in India
- 44 Agile Methodology Interview Q&A
- 10 Software Engineering Challenges
- Top 15 Tech's Daily Life Impact
- 10 Best Backends for React
- Cloud Computing Reference Models
- Web Development and Security
- Find Installed NPM Version
- Install Specific NPM Package Version
- Make API Calls in Angular
- Install Bootstrap in Angular
- Use Axios in React: Guide
- StrictMode in React: Usage
- 75 Cyber Security Research Topics
- Top 7 Languages for Ethical Hacking
- Top 20 Docker Commands
- Advantages of OOP
- Data Science Projects and Applications
- 42 Python Project Ideas for Beginners
- 13 Data Science Project Ideas
- 13 Data Structure Project Ideas
- 12 Real-World Python Applications
- Python Banking Project
- Data Science Course Eligibility
- Association Rule Mining Overview
- Cluster Analysis in Data Mining
- Classification in Data Mining
- KDD Process in Data Mining
- Data Structures and Algorithms
- Binary Tree Types Explained
- Binary Search Algorithm
- Sorting in Data Structure
- Binary Tree in Data Structure
- Binary Tree vs Binary Search Tree
- Recursion in Data Structure
- Data Structure Search Methods: Explained
- Binary Tree Interview Q&A
- Linear vs Binary Search
- Priority Queue Overview
- Python Programming and Tools
- Top 30 Python Pattern Programs
- List vs Tuple
- Python Free Online Course
- Method Overriding in Python
- Top 21 Python Developer Skills
- Reverse a Number in Python
- Switch Case Functions in Python
- Info Retrieval System Overview
- Reverse a Number in Python
- Real-World Python Applications
- Data Science Careers and Comparisons
- Data Analyst Salary in India
- Data Scientist Salary in India
- Free Excel Certification Course
- Actuary Salary in India
- Data Analyst Interview Guide
- Pandas Interview Guide
- Tableau Filters Explained
- Data Mining Techniques Overview
- Data Analytics Lifecycle Phases
- Data Science Vs Analytics Comparison
- Artificial Intelligence and Machine Learning Projects
- Exciting IoT Project Ideas
- 16 Exciting AI Project Ideas
- 45+ Interesting ML Project Ideas
- Exciting Deep Learning Projects
- 12 Intriguing Linear Regression Projects
- 13 Neural Network Projects
- 5 Exciting Image Processing Projects
- Top 8 Thrilling AWS Projects
- 12 Engaging AI Projects in Python
- NLP Projects for Beginners
- Concepts and Algorithms in AIML
- Basic CNN Architecture Explained
- 6 Types of Regression Models
- Data Preprocessing Steps
- Bagging vs Boosting in ML
- Multinomial Naive Bayes Overview
- Gini Index for Decision Trees
- Bayesian Network Example
- Bayes Theorem Guide
- Top 10 Dimensionality Reduction Techniques
- Neural Network Step-by-Step Guide
- Technical Guides and Comparisons
- Make a Chatbot in Python
- Compute Square Roots in Python
- Permutation vs Combination
- Image Segmentation Techniques
- Generative AI vs Traditional AI
- AI vs Human Intelligence
- Random Forest vs Decision Tree
- Neural Network Overview
- Perceptron Learning Algorithm
- Selection Sort Algorithm
- Career and Practical Applications in AIML
- AI Salary in India Overview
- Biological Neural Network Basics
- Top 10 AI Challenges
- Production System in AI
- Top 8 Raspberry Pi Alternatives
- Top 8 Open Source Projects
- 14 Raspberry Pi Project Ideas
- 15 MATLAB Project Ideas
- Top 10 Python NLP Libraries
- Naive Bayes Explained
- Digital Marketing Projects and Strategies
- 10 Best Digital Marketing Projects
- 17 Fun Social Media Projects
- Top 6 SEO Project Ideas
- Digital Marketing Case Studies
- Coca-Cola Marketing Strategy
- Nestle Marketing Strategy Analysis
- Zomato Marketing Strategy
- Monetize Instagram Guide
- Become a Successful Instagram Influencer
- 8 Best Lead Generation Techniques
- Digital Marketing Careers and Salaries
- Digital Marketing Salary in India
- Top 10 Highest Paying Marketing Jobs
- Highest Paying Digital Marketing Jobs
- SEO Salary in India
- Brand Manager Salary in India
- Content Writer Salary Guide
- Digital Marketing Executive Roles
- Career in Digital Marketing Guide
- Future of Digital Marketing
- MBA in Digital Marketing Overview
- Digital Marketing Techniques and Channels
- 9 Types of Digital Marketing Channels
- Top 10 Benefits of Marketing Branding
- 100 Best YouTube Channel Ideas
- YouTube Earnings in India
- 7 Reasons to Study Digital Marketing
- Top 10 Digital Marketing Objectives
- 10 Best Digital Marketing Blogs
- Top 5 Industries Using Digital Marketing
- Growth of Digital Marketing in India
- Top Career Options in Marketing
- Interview Preparation and Skills
- 73 Google Analytics Interview Q&A
- 56 Social Media Marketing Q&A
- 78 Google AdWords Interview Q&A
- Top 133 SEO Interview Q&A
- 27+ Digital Marketing Q&A
- Digital Marketing Free Course
- Top 9 Skills for PPC Analysts
- Movies with Successful Social Media Campaigns
- Marketing Communication Steps
- Top 10 Reasons to Be an Affiliate Marketer
- Career Options and Paths
- Top 25 Highest Paying Jobs India
- Top 25 Highest Paying Jobs World
- Top 10 Highest Paid Commerce Job
- Career Options After 12th Arts
- Top 7 Commerce Courses Without Maths
- Top 7 Career Options After PCB
- Best Career Options for Commerce
- Career Options After 12th CS
- Top 10 Career Options After 10th
- 8 Best Career Options After BA
- Projects and Academic Pursuits
- 17 Exciting Final Year Projects
- Top 12 Commerce Project Topics
- Top 13 BCA Project Ideas
- Career Options After 12th Science
- Top 15 CS Jobs in India
- 12 Best Career Options After M.Com
- 9 Best Career Options After B.Sc
- 7 Best Career Options After BCA
- 22 Best Career Options After MCA
- 16 Top Career Options After CE
- Courses and Certifications
- 10 Best Job-Oriented Courses
- Best Online Computer Courses
- Top 15 Trending Online Courses
- Top 19 High Salary Certificate Courses
- 21 Best Programming Courses for Jobs
- What is SGPA? Convert to CGPA
- GPA to Percentage Calculator
- Highest Salary Engineering Stream
- 15 Top Career Options After Engineering
- 6 Top Career Options After BBA
- Job Market and Interview Preparation
- Why Should You Be Hired: 5 Answers
- Top 10 Future Career Options
- Top 15 Highest Paid IT Jobs India
- 5 Common Guesstimate Interview Q&A
- Average CEO Salary: Top Paid CEOs
- Career Options in Political Science
- Top 15 Highest Paying Non-IT Jobs
- Cover Letter Examples for Jobs
- Top 5 Highest Paying Freelance Jobs
- Top 10 Highest Paying Companies India
- Career Options and Paths After MBA
- 20 Best Careers After B.Com
- Career Options After MBA Marketing
- Top 14 Careers After MBA In HR
- Top 10 Highest Paying HR Jobs India
- How to Become an Investment Banker
- Career Options After MBA - High Paying
- Scope of MBA in Operations Management
- Best MBA for Working Professionals India
- MBA After BA - Is It Right For You?
- Best Online MBA Courses India
- MBA Project Ideas and Topics
- 11 Exciting MBA HR Project Ideas
- Top 15 MBA Project Ideas
- 18 Exciting MBA Marketing Projects
- MBA Project Ideas: Consumer Behavior
- What is Brand Management?
- What is Holistic Marketing?
- What is Green Marketing?
- Intro to Organizational Behavior Model
- Tech Skills Every MBA Should Learn
- Most Demanding Short Term Courses MBA
- MBA Salary, Resume, and Skills
- MBA Salary in India
- HR Salary in India
- Investment Banker Salary India
- MBA Resume Samples
- Sample SOP for MBA
- Sample SOP for Internship
- 7 Ways MBA Helps Your Career
- Must-have Skills in Sales Career
- 8 Skills MBA Helps You Improve
- Top 20+ SAP FICO Interview Q&A
- MBA Specializations and Comparative Guides
- Why MBA After B.Tech? 5 Reasons
- How to Answer 'Why MBA After Engineering?'
- Why MBA in Finance
- MBA After BSc: 10 Reasons
- Which MBA Specialization to choose?
- Top 10 MBA Specializations
- MBA vs Masters: Which to Choose?
- Benefits of MBA After CA
- 5 Steps to Management Consultant
- 37 Must-Read HR Interview Q&A
- Fundamentals and Theories of Management
- What is Management? Objectives & Functions
- Nature and Scope of Management
- Decision Making in Management
- Management Process: Definition & Functions
- Importance of Management
- What are Motivation Theories?
- Tools of Financial Statement Analysis
- Negotiation Skills: Definition & Benefits
- Career Development in HRM
- Top 20 Must-Have HRM Policies
- Project and Supply Chain Management
- Top 20 Project Management Case Studies
- 10 Innovative Supply Chain Projects
- Latest Management Project Topics
- 10 Project Management Project Ideas
- 6 Types of Supply Chain Models
- Top 10 Advantages of SCM
- Top 10 Supply Chain Books
- What is Project Description?
- Top 10 Project Management Companies
- Best Project Management Courses Online
- Salaries and Career Paths in Management
- Project Manager Salary in India
- Average Product Manager Salary India
- Supply Chain Management Salary India
- Salary After BBA in India
- PGDM Salary in India
- Top 7 Career Options in Management
- CSPO Certification Cost
- Why Choose Product Management?
- Product Management in Pharma
- Product Design in Operations Management
- Industry-Specific Management and Case Studies
- Amazon Business Case Study
- Service Delivery Manager Job
- Product Management Examples
- Product Management in Automobiles
- Product Management in Banking
- Sample SOP for Business Management
- Video Game Design Components
- Top 5 Business Courses India
- Free Management Online Course
- SCM Interview Q&A
- Fundamentals and Types of Law
- Acceptance in Contract Law
- Offer in Contract Law
- 9 Types of Evidence
- Types of Law in India
- Introduction to Contract Law
- Negotiable Instrument Act
- Corporate Tax Basics
- Intellectual Property Law
- Workmen Compensation Explained
- Lawyer vs Advocate Difference
- Law Education and Courses
- LLM Subjects & Syllabus
- Corporate Law Subjects
- LLM Course Duration
- Top 10 Online LLM Courses
- Online LLM Degree
- Step-by-Step Guide to Studying Law
- Top 5 Law Books to Read
- Why Legal Studies?
- Pursuing a Career in Law
- How to Become Lawyer in India
- Career Options and Salaries in Law
- Career Options in Law India
- Corporate Lawyer Salary India
- How To Become a Corporate Lawyer
- Career in Law: Starting, Salary
- Career Opportunities: Corporate Law
- Business Lawyer: Role & Salary Info
- Average Lawyer Salary India
- Top Career Options for Lawyers
- Types of Lawyers in India
- Steps to Become SC Lawyer in India
- Tutorials
- C Tutorials
- Recursion in C: Fibonacci Series
- Checking String Palindromes in C
- Prime Number Program in C
- Implementing Square Root in C
- Matrix Multiplication in C
- Understanding Double Data Type
- Factorial of a Number in C
- Structure of a C Program
- Building a Calculator Program in C
- Compiling C Programs on Linux
- Java Tutorials
- Handling String Input in Java
- Determining Even and Odd Numbers
- Prime Number Checker
- Sorting a String
- User-Defined Exceptions
- Understanding the Thread Life Cycle
- Swapping Two Numbers
- Using Final Classes
- Area of a Triangle
- Skills
- Software Engineering
- JavaScript
- Data Structure
- React.js
- Core Java
- Node.js
- Blockchain
- SQL
- Full stack development
- Devops
- NFT
- BigData
- Cyber Security
- Cloud Computing
- Database Design with MySQL
- Cryptocurrency
- Python
- Digital Marketings
- Advertising
- Influencer Marketing
- Search Engine Optimization
- Performance Marketing
- Search Engine Marketing
- Email Marketing
- Content Marketing
- Social Media Marketing
- Display Advertising
- Marketing Analytics
- Web Analytics
- Affiliate Marketing
- MBA
- MBA in Finance
- MBA in HR
- MBA in Marketing
- MBA in Business Analytics
- MBA in Operations Management
- MBA in International Business
- MBA in Information Technology
- MBA in Healthcare Management
- MBA In General Management
- MBA in Agriculture
- MBA in Supply Chain Management
- MBA in Entrepreneurship
- MBA in Project Management
- Management Program
- Consumer Behaviour
- Supply Chain Management
- Financial Analytics
- Introduction to Fintech
- Introduction to HR Analytics
- Fundamentals of Communication
- Art of Effective Communication
- Introduction to Research Methodology
- Mastering Sales Technique
- Business Communication
- Fundamentals of Journalism
- Economics Masterclass
- Free Courses
List of MBA Specializations: Which One Should You Do?
Updated on 24 November, 2022
6.06K+ views
• 10 min read
Master of Business Administration (MBA) is among the most popular post-graduate programs in India. Taking an MBA can help you unlock doors to new opportunities and make it easier for you to climb the corporate ladder.
Like every other course, MBA courses have evolved with the changing times. Nowadays, MBA programs offer different specialisations to suit your needs and aspirations.
In our following list of MBA specialisation options, you’ll find the different specialisations you can pursue while getting an MBA and how their scopes vary.
Learn MBA Courses from the World’s top Universities. Earn Masters, Executive PGP, or Advanced Certificate Programs to fast-track your career.
How to choose an MBA Specialisation?
Many students and professionals worry about picking the right MBA specialisation for themselves. However, the process becomes relatively easy if you break it down into steps.
To pick the right specialisation for your career, you should keep the following points in mind:
1. Your Interests and Strengths
Everyone has certain strengths, and so do you. Focus on identifying your strengths and the domains you excel at. Once you’ve identified your strengths, you should focus on picking a specialisation that aligns with them.
2. Offered Pay
Always check the career scope and the salary package before selecting a specialisation profile. This information will help you create a detailed career plan for yourself and help you decide which roles you want to pursue after completing your MBA.
3. Employers
Knowing the prominent employers of a field will also aid you in picking your specialisation. If you’re interested in pursuing a career in a specific company, this information will come in handy.
4. Subjects in the Field
Once you’ve finalised a couple of choices, you should check the core subjects offered under those specialisations. This way, you can figure out which domain matches your interests and pick accordingly.
The goal is to pick a specialisation that best suits your career aspirations and interests.
Now, we’ll look at the most prominent MBA specialisations available in our following list of MBA specialisation options:
List of MBA Specialisations
1. MBA in Business Analytics
Business analytics has become one of the fastest-growing fields in India. This field focuses on studying and implementing continuous iterative exploration of past business performance to generate insights. It allows businesses to make data-driven decisions.
Business analytics enables companies to identify patterns in large amounts of data that would have remained invisible otherwise. They use these insights to make better-informed plans about their operations.
An MBA with a specialisation in business analytics would teach you the fundamentals of business analytics, the technologies you’d use in this field, and other related concepts.
We offer an MBA with a Specialisation in Business Analytics course with NMIMS Global Access. The program offers 200+ hours of live faculty interaction and business simulations from Harvard Business Publishing.
Salary
The average salary of a professional with an MBA in business analytics is INR 5.59 lakh per annum. Your pay in this field depends on many factors, including your experience and location.
Career Opportunities
With an MBA in business analytics, you’d be eligible for management and leadership roles in many companies such as Chief Analytics Officer (CAO), Head of Analytics, Chief Data Officer (CDO). More importantly, you can apply for senior business analytics roles with this qualification.
For example, you can become an analytics manager whose average pay in India is INR 16.89 LPA.
Eligibility
You must have a bachelor’s degree (10+2+3) in any discipline from a recognised university with at least 55% marks and 3+ years of professional experience to be eligible for this course. Or, you must have a bachelor’s degree (10+2+3) in any field from a recognised university with a minimum of 55% marks and a postgraduate or professional degree with 55% marks and 2+ years of professional experience.
2. MBA in Digital Finance & Banking
One of the most popular MBA specialisations is finance. An MBA in finance will help you pursue a lucrative career in the finance sector.
The market size of the Indian finance sector has expanded substantially in the last few years. For example, the first-year premium of life insurance companies reached INR 2.59 lakh crore in FY20.
Our MBA in digital finance and banking program will teach you the latest skills and technologies employed in the finance sector. Some of the subjects you’ll learn in this program are artificial intelligence in business, financial management, risk analytics, data visualisation in finance, etc.
Salary
The average salary of a professional with an MBA in finance is INR 7.18 lakh per annum. Prominent employers for this qualification are ICICI Bank, Accenture, EY (Ernst & Young), Tata Consultancy Services, and HDFC Bank.
Career opportunities
You can pursue many careers in the finance sector after completing this program. You can become a Finance Manager or Financial Analyst and pursue senior roles in banking, insurance, startups, and Fintech.
Eligibility
You must have a bachelor’s degree in science/engineering/commerce/mathematics/business administration with passing marks. Candidates with work experience will get preference, but it’s not mandatory.
The following entrance exams will be considered for exemption based on the scores and validity:
Exams that are valid for one year are CAT, MAT, CMAT, XAT, ATMA with a 50% and above. Exams that are valid for five years (2016-2020) are GMAT, NMAT, and GRE. If you haven’t taken any of these exams, you’d need to take JMAT (Jindal Management Aptitude Test).
3. MBA with specialisation in Digital Marketing
Digital marketing refers to the activities used to promote an organisation online. It is a fast-growing sector, and an MBA in digital marketing will help you pursue a career in digital marketing.
The rising usage of the Internet and social media has caused an upsurge in demand for digital marketing professionals. Organisations rely on digital marketing professionals to reach new audiences, generate more customers, and promote their products (or services).
We offer an MBA with a specialisation in digital marketing with MICA and Deakin Business School. Some of the subjects you will learn in this program are leadership, SEO (search engine optimisation), business strategy, content marketing, branding, business growth strategies, marketing analytics, etc.
Salary
An MBA in marketing attracts an average salary of INR 7.32 lakh per annum. Like most fields, your pay in this field would depend on many factors such as your skills and the location you work in. Some of the notable companies you can work in with this degree are Kantar, Flipkart, American Express, Fractal Analytics, and Zivame.
Career opportunities
With an MBA in digital marketing, you’ll be eligible to apply for marketing roles in various organisations. Prominent careers for professionals with an MBA in digital marketing are Digital Marketing Manager, SEO Consultant, Analytics Manager, Content Manager, Digital Director, CRM Manager, etc.
These roles attract lucrative pay as well. For example, the average pay of a digital marketing manager in India is INR 5.4 lakh per annum, and it goes up to INR 10 lakh per annum.
Eligibility
This program requires you to have a bachelor’s degree with a minimum of 50% marks. You’d also need three years of relevant work experience combined in business-related roles in fields such as strategy, financial management, people management, planning, project management, sales, and leadership roles. You must also meet Deakin’s English language requirements to be eligible for this program.
4. MBA with Specialisation in HR
Another trendy MBA specialisation choice is human resources or HR in short. Human resources refer to the workforce of an organisation or industry.
Utilising the human capital available to an organisation is an arduous task and requires expertise and effort. Hence, companies entrust HR experts to manage this aspect of their organisation.
At upGrad, we offer an MBA program with the Liverpool Business School that offers the HR specialisation. The program would teach you business economics, business communication, human resource management, employee engagement, and many other crucial aspects of this field.
The program features 20+ industry projects that allow you to test your theoretical knowledge.
Salary
The average pay of a professional with an MBA in HR is INR 6.35 lakh per annum.
Some of the most prominent employers for professionals with this qualification are EY (Ernst & Young), Capgemini, Larsen & Toubro Limited, Tata Consultancy Services, and IBM India.
Career Opportunities
With an MBA in HR, you can apply for HR roles in companies in various industries such as banking, finance, healthcare, technology, manufacturing, etc. Equipped with an MBA degree, you can bag roles like HR Executive, HR Manager, or Senior HR Associate.
For example, you can become an HR manager whose average salary in India is INR 6.97 lakh per annum and goes up to INR 20 lakh per annum. Similarly, you can also opt to become an HR generalist whose pay goes up to INR 7.9 lakh per annum.
Eligibility
You only need to have a bachelor’s degree with a minimum of 50% market and at least two years of full-time work experience to be eligible for this program.
All of the courses we have shared above offer access to our Student Success Corner, where you get dedicated mentorship, interview preparation, and personalised resume feedback to help you kickstart your career quickly.
Conclusion
While there are numerous specialisation options for an MBA, at the end of the day, the choice depends primarily on your interests and career goals. If you’re confused between two fields, you should do thorough research on both of them and see which offers better career prospects. Understanding the scope of each field would help you determine which would be more beneficial for you to pursue.
If you have any questions about our MBA specialisations list, let us know in the comments. We’d love to hear from you!
Frequently Asked Questions (FAQs)
1. Which specialization in MBA has more demand?
There are a plethora of MBA specializations that are offered today. Most of the universities usually offer specialization in Marketing, Finance, Operations, and HR. With growing industry needs and market demands, many schools have started offering industry-wise specializations or dual specialization. These days MBA in Business Analytics, Digital marketing, e-business is gaining more popularity. However, it is very important to choose a specialization that aligns with your interests and goals.
2. Which is better: a general MBA or a specialized MBA?
Once you have decided MBA as a career the next step is to choose a specialization, or you can also opt for a generalized MBA. However, as with life, these programs have their set of pros and cons. In simple words, generalized MBA, one can get opportunities to explore and learn within the various disciplines of management studies and learn basics across all fields. In a specialized MBA, one can get an in-depth business education in one field of interest. If you have a particular field of interest or idea about the course you want to go ahead with then a specialized MBA is for you. Explore various MBA options available at upGrad.
3. What are factors to consider while choosing an MBA specialization?
Deciding on specialization is a very crucial step while starting a career as an MBA. Many things will depend upon the specialization you choose as your internships, live projects, and job opportunities will depend on it. Check the core subjects offered under those specializations. Check the course curriculum, the core subjects offered in that specialization and the ROI of that particular course. The Alumni network and industry connections the course have to offer also play an important role in getting placements in the future.