List of MBA Courses: Specialisations, Fees, Jobs, Top Colleges

Jagpreet

07 January, 2024

List of MBA Courses: Specialisations, Fees, Jobs, Top Colleges

Table of Contents

Is an MBA course relevant? Is the MBA degree too expensive? When you start planning for an MBA, various questions come to mind. But the most daunting one is; is an MBA worth it? Depending on what you want to do with your career, the cost of this degree is decided. So yes, MBA is more relevant than ever. The prestige of an MBA degree has always been high for aspiring business professionals.

In today’s global economy, the value of MBA courses remains significant and surely offers you a myriad of benefits. However, the challenges and opportunities businesses face today, need leaders who are thinkers and communicators. In the current times, an MBA has become more like a prerequisite to becoming eligible to sit in the higher management chair. That is why the number of students enrolling in different types of MBA courses has increased substantially

How to Choose the Right Course for an MBA?

For some students, an MBA Degree is a way to access better job opportunities, get a higher paycheck, expand their professional network, or develop business acumen with leadership skills. Those who are accepted into the right college get these benefits early in their career. Therefore, choosing the right college is the first step that will take you closer to your dream.

How to Choose the Right Course for an MBA? 8 Factors to Consider

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Identify Your Goals: Before you start the research, ask yourself why you want to pursue an MBA degree. Identifying your interests would help you choose the college that aligns with your career goals.
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Accreditations: Some colleges and universities offer MBA degrees, but what sets them apart is their national and international accreditations from reputed regulatory bodies. If you plan an online MBA, you must check for UGC Distance Education Bureau approval.
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Reputation: The brand name or college’s reputation adds high credibility to your degree. You can see an institution’s reputation by its place in prestigious rankings, including NIRF, QS rankings, etc.
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Cost of the Programme: Set a budget for yourself and accordingly study the fee structure of the potential institutions. Many colleges/universities have EMI options as well which could reduce your financial burden.
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Location of the Institution: The institution’s location matters a lot, especially when you are going for a regular or part-time MBA. If your college is far from your home, it will cost you time and money. Moreover, an institution in a prime location attracts good companies for placements and collaborations.
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Curriculum: Check for the specialisation availability you are interested in. You should compare the modules, electives, assignment types, and examination methods different colleges have to get a clear picture of the complete programme.
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Student Services: For regular offline students, it is important to visit the campus and see the facilities and assistance offered. If you are an online learner, go through the student feedback to know whether the college responds to student queries.
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Placements: One of the primary reasons candidates pursue an MBA is to get better job opportunities, which is what they expect from their college. Thus, an institution must have a good placement record, tie-ups with leading companies, and offer career guidance facilities.

Explore MBA: General Course Details

You can check the general course details. It is the same for every specialisation. However, there may be some changes that depend on the college/university and MBA specialisation.

Parameters	Details
Course Level	Post Graduate
Eligibility	Bachelor’s degree in any discipline
Entrance Exams	CAT, MAT, GMAT, CMAT, XAT, NMAT
Admission Process	Entrance Exams followed by Group Discussions, Written Analysis Tests, and Personal Interviews (vary as per institution)

List of MBA Courses With Details

Specialization	Specialization
MBA in General Management	MBA in Business Analytics
MBA in Marketing Management	MBA in Entrepreneurship
MBA in Digital Marketing	MBA in International Business
MBA in Human Resources	MBA in Leadership
MBA in Finance	MBA in Project Management
MBA in Operations Management	MBA in Banking and Finance Management
MBA in Healthcare Management	MBA in Finance and Accounting
MBA in Information Technology	MBA in Hospitality Management
MBA in Rural Management	MBA in International Trade Management
MBA in Logistics & Supply Chain Management	MBA in Retail Management
MBA in Event Management	MBA in Business Management
MBA in Accounting

Let’s discuss these courses of MBA in detail:

1. MBA in General Management

An MBA in general management offers you an in-depth view of all the core business areas including HR, finance, marketing, and banking. This expands your knowledge base and strengthens your basics if you are from a different background. As this is a general programme, the fee structure is also very less and almost every institution offers this programme. Furthermore, an MBA in general management offers you various career prospects. Let’s explore them:

Career Prospects	Average Salary Range
Finance Manager	INR 3.5 LPA – INR 33 LPA
HR Manager	INR 2.9 LPA – INR 19 LPA
Product Manager	INR 5.6 LPA – INR 38 LPA
Project Manager	INR 4.2 LPA – INR 30 LPA

Source: AmbitionBox

2. MBA in Marketing

A marketer’s job is to understand and discover the needs of the customers to provide them with a product or service that meets their demands. This course familiarises you with the way to compete and outperform competitors in the same market. In keeping with traditional marketing, an MBA in marketing concentrates on the 4P – product, price, place, and promotion. Moreover, understanding customer behaviour, creating relationships with them, and a little bit of internet marketing are all covered in this MBA specialisation. Here are several impressive career prospects that you could consider after an MBA in marketing.

Career Prospects	Average Salary Range
Brand Manager	INR 3.5 LPA – INR 33 LPA
Sales Manager	INR 2.2 LPA – INR 16 LPA
Marketing Analyst	INR 2 LPA – INR 15 LPA
Marketing Manager	INR 2.3 LPA – INR 25 LPA

Source: AmbitionBox

3. MBA in Digital Marketing

We are all aware of the growing relevance of digital marketing which is why several universities have begun to offer an MBA in digital marketing. It is one of the rapidly trending MBA courses. It offers you diverse skills that are highly relevant in today’s marketplace, including SEO, SEM, SMM, website development, content management, email marketing, and more. As a digital marketer, you would design effective campaigns by applying marketing principles relevant to the digital world. Let’s explore some career options after an MBA in digital marketing:

Career Prospects	Average Salary Range
Digital Marketing Manager	INR 3 LPA – INR 19 LPA
Content Writer	INR 1.1 LPA – INR 6.7 LPA
Social Media Manager	INR 1.2 LPA – INR 10 LPA
SEO Manager	INR 3 LPA – INR 16.5 LPA

Source: AmbitionBox

4. MBA in Human Resources

A company’s human resources department is in charge of hiring, training, and developing a team of skilled workers. Therefore, as an HR professional, you must keep track of the employee’s performance regularly, manage their salaries and promotions, and develop a strong employee policy to promote a healthy work environment. This specialisation would provide you with all of the essential information and training to carry out the functions listed above. The following are some career prospects for an MBA in human resources:

Career Prospects	Average Salary Range
HR Manager	INR 2.9 LPA – INR 19 LPA
Talent Acquisition Manager	INR 4.5 LPA – INR 26 LPA
HR Analytics Specialist	INR 3 LPA – INR 12.5 LPA
Training and Development Manager	INR 3.6 LPA – INR 19 LPA

Source: AmbitionBox

5. MBA in Finance

This two-year postgraduate programme is one of the most popular streams of MBA in India. You must have a strong background in mathematics and accounting. An MBA in finance provides you with the knowledge of management, control, and review of investment and other financial resources of an individual or organisation. You could pursue it in full-time, part-time, online and distance modes of education. Owing to its high demand in the market, companies pay you lucrative packages. Here are the potential career prospects after an MBA in finance:

Career Prospects	Average Salary Range
Finance Manager	INR 3.5 LPA – INR 33 LPA
Financial Analyst	INR 2.1 LPA – INR 12.9 LPA
Budget Analyst	INR 3 LPA – INR 12 LPA
Account Manager	INR 2.4 LPA – INR 16.9 LPA

Source: AmbitionBox

6. MBA in Operations Management

An MBA in operations management emphasises planning, organising, supervising and launching products or services. In this specialisation, you would learn the complete process of sourcing raw materials and manufacturing procedures, which requires analytical and organisational skills. Being an operations manager, you would be responsible for numerous tasks. Besides, the career opportunities in this field have drastically increased. Here are the names of a few:

Career Prospects	Average Salary Range
Supply Chain Manager	INR 3.1 LPA – INR 30 LPA
Logistics Manager	INR 2.5 LPA – INR 20.4 LPA
Operations Manager	INR 3 LPA – INR 21 LPA
Manufacturing Consulting Manager	INR 4 LPA – INR 25.2 LPA

Source: AmbitionBox

7. MBA in Healthcare Management

An MBA in healthcare management trains you to manage the healthcare system, with a focus on how to deal with daily operations at a healthcare facility. The COVID-19 pandemic created a need for well-trained and skilled professionals to fill the shortage of manpower in the healthcare sector. All individuals interested in the fields of pharmaceuticals, insurance, and hospitals could pursue this MBA specialisation. Let’s explore several career roles with average salaries in healthcare management:

Career Prospects	Average Salary Range
Hospital Administrator	INR 1.1 LPA – INR 12 LPA
Healthcare Consultant	INR 1.2 LPA – INR 20 LPA
Health Informatics Management Engineer	INR 1.8 LPA – INR 16 LPA
Clinical Manager	INR 1.8 LPA – INR 14.4 LPA

Source: AmbitionBox

8. MBA in Information Technology

If you are looking forward to learning about business and information systems, you could pursue this MBA specialisation. With an MBA in IT, you would develop the skills to combine business strategies with advanced technology practices including concepts of information security, project management, and telecommunications. Furthermore, the programme covers a wide range of topics. It might include software quality assurance, information system management, e-business, and many others. Here are several top-notch careers in information technology after an MBA:

Career Prospects	Average Salary Range
System Manager	INR 2.8 LPA – INR 30 LPA
IT Management Consultant	INR 11.1 LPA – INR 14.2 LPA
Information Security Analyst	INR 3 LPA – INR 14 LPA
IT Manager	INR 3 LPA – INR 27 LPA

Source: AmbitionBox

9. MBA in Rural Management

This field includes the study of rural economy, agribusiness, planning, organising, and maintaining co-operatives in rural areas. An MBA in rural management teaches you the application of management principles. Being a rural management specialist, you might work in the CSR wings of micro-finance institutions, and small finance banks among others. Besides, you could pursue a range of careers in this specialisation. Some of them are listed here:

Career Prospects	Average Salary Range
Rural Development Officer	INR 0.8 LPA – INR 7.2 LPA
Research Officer	INR 2 LPA – INR 9.2 LPA
National Sales Development Manager	INR 18.3 LPA – INR 96 LPA
Project Coordinator	INR 1.9 LPA – INR 10 LPA

Source: AmbitionBox

10. MBA in Logistics & Supply Chain Management

It’s a two-year MBA course that prepares you to develop new and effective logistics management strategies, lowering time and cost while raising production levels. The proposed course would build your knowledge base about the entire supply chain process including the flow of products from dealer to producer to wholesaler to retailer and ultimately to the consumer. Let’s discover some impressive careers in this specialisation:

Career Prospects	Average Salary Range
Supply Chain Manager	INR 3.1 LPA – INR 30 LPA
Purchase Manager	INR 3 LPA – INR 18.5 LPA
Business Manager	INR 3 LPA – INR 27 LPA
Quality Manager	INR 3.2 LPA – INR 21.5 LPA

Source: AmbitionBox

11. MBA in Event Management

Event management has grown in popularity recently and is an excellent career choice. An MBA in event management teaches you how to identify and segment a specific target audience for an event. You would also learn to select themes that are relevant to them, plan logistics, promote the event extensively, provide an anticipated budget, and successfully manage the event. Crisis management and heavy coordination are two significant features of event management. Here are the amazing career prospects in event management after an MBA:

Career Prospects	Average Salary Range
Conference Manager	INR 2 LPA – INR 12 LPA
Event Manager	INR 1.1 LPA – INR 11 LPA
House Manager	INR 3.6 LPA – INR 11 LPA
Hotel Manager	INR 0.2 LPA – INR 9.8 LPA

Source: AmbitionBox

12. MBA in Accounting

As the name of the specialisation suggests, this two-year MBA in accounting educates you on subjects such as accounting, taxation, marketing, and finance. You would also build expertise in auditing, financial reporting, and acquisitions & mergers. As an accounts professional, you would be required in every organisation. Furthermore, this career field has always been popular among MBA graduates. Here are some impressive career prospects after accounting:

Career Prospects	Average Salary Range
Accounts Manager	INR 2.4 LPA – INR 16.9 LPA
General Accounting Analyst	INR 3.7 LPA – INR 9 LPA
Financial Advisor	INR 1.2 LPA – INR 19 LPA
Chief Compliance Officer	INR 8.4 LPA – INR 101 LPA

Source: AmbitionBox

13. MBA in Business Analytics

The MBA in business analytics specialisation provides you with a comprehensive knowledge of business principles and analytical techniques. Generally, the programme includes many subjects including database management, data mining, big data hadoop, data visualisation and others. The business analytics field is in high demand and career opportunities in this field are immense. Here are some of the excellent career options in this field:

Career Prospects	Average Salary Range
Big Data Analyst	INR 2.5 LPA – INR 17.5 LPA
Business Analyst	INR 3 LPA – INR 17 LPA
Modeller	INR 2 LPA – INR 17 LPA
Market Research Analyst	INR 1.5 LPA – INR 8.7 LPA

Source: AmbitionBox

14. MBA in Entrepreneurship

Pursuing an MBA in entrepreneurship could be your ideal choice if you wish to start your venture. The curriculum of this degree would cover the standard MBA coursework along with venture capital, asset management and other entrepreneurial modules. This course focuses on helping you create and run start-ups. Besides, entrepreneurship is a trending course with high market demand. With this specialisation, there are various fantastic career options to choose from. Some of them are here:

Career Prospects	Average Salary Range
Business Owner	INR 1 LPA – INR 28 LPA
Chief Executive Officer	INR 12 LPA – INR 102 LPA
Business Director	INR 12 LPA – INR 74 LPA
Development Officer	INR 1.5 LPA – INR 10 LPA

Source: AmbitionBox

15. MBA in International Business

An MBA in international business incorporates the procedure and documentation for export and import. You would learn about the concepts of raising capital from the international market and an understanding of the distribution market. Moreover, an MBA in international business is a pathway to your career in global business. This specialisation opens your doors to numerous job roles such as:

Career Prospects	Average Salary Range
Global Project Manager	INR 7 LPA – INR 43 LPA
Risk Manager	INR 3.3 LPA – INR 21 LPA
International Marketing Manager	INR 4 LPA – INR 24.5 LPA
Exports Manager	INR 2.9 LPA – INR 20 LPA

Source: AmbitionBox

16. MBA in Leadership

An MBA in leadership management teaches you how managers can develop their skills to become leaders by addressing the human side of the enterprise. Through case studies, students can examine the legal, ethical, and economic responsibilities of corporate leaders. This specialisation emphasises developing critical thinking skills, decision-making skills, and teamwork. It helps you build an effective management aptitude. Let’s explore some impressive career prospects in this field:

Career Prospects	Average Salary Range
Project Manager	INR 4.2 LPA – INR 30 LPA
Business Development Manager	INR 2.7 LPA – INR 17 LPA
General Manager	INR 11.4 LPA – INR 58 LPA
Strategic Planning Manager	INR 6.6 LPA – INR 35.7 LPA

Source: AmbitionBox

17. MBA in Project Management

This course trains you to become decisive and think strategically in the dynamic business world. It covers the concepts of project planning, execution, project control system, risk management, project contracting and clearance, and topics related to the project life cycle. Furthermore, being an MBA in project management graduate, you become eligible to work in sectors like IT, construction, healthcare, and many others. The following are several potential career prospects after an MBA in project management:

Career Prospects	Average Salary Range
Project Manager	INR 4.2 LPA – INR 30 LPA
Programme Manager	INR 5 LPA – INR 40 LPA
Project Portfolio Manager	INR 3 LPA – INR 38 LPA
Project Head	INR 8.7 LPA – INR 85 LPA

Source: AmbitionBox

18. MBA in Banking & Finance

MBA in banking & finance covers and imparts knowledge on management, control, review of the collected data, investment resources, and information about money. It could be your ideal fit if you have a good command of mathematics and accounting. It’s a 2-year postgraduate programme and opens many career options for you. Here are some brilliant career options in the banking and finance sector, with average salary ranges in India:

Career Prospects	Average Salary Range
Investment Banker	INR 2 LPA – INR 50 LPA
Financial Analyst	INR 2.1 LPA – INR 12.9 LPA
Chief Financial Officer	INR 12 LPA – INR 100 LPA
Research Analyst	INR 2.5 LPA – INR 12 LPA

Source: AmbitionBox

19. MBA in Finance & Accounting

This MBA specialisation offers you knowledge about finance and accounting. It teaches you the core of accounting and imparts knowledge about industry trends and needs. Accounts are the backbone of every organisation. If you are interested in critical thinking, evaluation, and analysis, you could go for this. Additionally, an MBA in finance and accounting could provide you with numerous career opportunities. Here are some of the top-notch ones:

Career Prospects	Average Salary Range
Financial Analyst	INR 2.1 LPA – INR 12.9 LPA
Accounts Manager	INR 2.4 LPA – INR 16.9 LPA
Investment Banker	INR 2 LPA – INR 50 LPA
Credit Manager	INR 3 LPA – INR 13 LPA

Source: AmbitionBox

20. MBA in Hospitality Management

This specialisation of MBA deals with the overall working and administration of hotels, resorts, or any other welcoming business. It’s suitable for students who are good at communication, arrangement, and cooking. With an MBA in hospitality management, you could work in many reputed hotels and resorts like the Taj Hotel, the Umrao, etc. Besides, numerous career options come with an MBA in hospitality management. Here are the names of a few:

Career Prospects	Average Salary Range
Food and Beverage Manager	INR 1.5 LPA – INR 14 LPA
Restaurant Manager	INR 2.2 LPA – INR 8.7 LPA
Assistant Sales Manager	INR 2.5 LPA – INR 12 LPA
Cabin Crew	INR 2.7 LPA – INR 15 LPA

Different Types of MBA Programmes

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Full-time MBA: In this type of MBA, students need to be present in class physically and should not hold any employment during the course. A full-time MBA is of two types: one-year and two-year programmes.
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Part-time MBA: It is a flexible learning format compared to the full-time course and does not require you to stop working. They are less competitive and take longer than 18 to 24 months to complete. Depending upon the institution, this MBA course can have in-person classes on weekends or online.
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Executive MBA: This MBA is specifically designed for executives or professionals with more than 5 years of experience. Mostly, they are considered a subset of part-time MBA because the classes are sometimes conducted on weekends, thus allowing you to continue with your job.
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Distance/Online MBA: It is the most flexible format of MBA where you do not require any offline classes and exams are also conducted via online mode, especially in online learning. Distance MBA degrees and online MBA courses are much more affordable compared to other formats.
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Specialised MBA: An MBA with a specialisation allows you to build expertise in a particular field while acquiring business acumen. It is also a preferred way to change your career path from one sector to another.

Top 5 Colleges For Full-time MBA Courses

You could pursue an MBA in regular or online mode. Here’s a list of the top 5 regular MBA colleges across India. Let’s go through them:

Top Colleges	Total Fees
IIM Ahmedabad	INR 34,15,000
IIM Lucknow	INR 20,75,000
UPES	INR 17,33,000
Chandigarh University	INR 6,40,000
Symbiosis Institute of Business Management	INR 27,77,000

Top 5 Colleges For Online MBA Courses

Numerous colleges all over the nation offer you online MBA courses. Here are the top 5 colleges that you could consider for your online MBA programme:

Top Colleges	Total Fees
Online Manipal	INR 1,75,000
Jain University Online	INR 1,96,000
Chandigarh University Online	INR 1,58,000 (After Early Bird Discount)
NMIMS Online	INR 1,05,000
Amity Online	INR 1,99,000

Bottom Line

MBA is a versatile programme with numerous specialisations and career prospects. Each MBA specialisation has its unique features and job roles. Furthermore, multiple learning formats and specialisation options for an MBA degree allow you to design your course according to your needs. While some prefer a regular full-time MBA course, others decide to continue with their jobs and complete their degree simultaneously. Therefore, it depends entirely upon your personal goals and interests to choose from the above-mentioned list of MBA courses. So, have you decided on your ideal specialisation? If not yet, it’s high time to identify your interests and goals to enhance your qualifications for managerial roles with an MBA course.

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