MBA stands for Master in Business Administration and is among the most demanding management degree. It was first introduced by the Harvard University Graduate School of Administration in 1908 and after that, it was offered by B Schools globally. It is a two-year post-graduation course made for those students who see their career in the management field. This program provides the knowledge of theoretical knowledge as well as practical knowledge for business and investment purposes.

The course of 2 years is divided into 4 or 6 semesters and students from any background can pursue it. There are numerous specializations like marketing, finance, sales, information technology, and many more. The advantages of an MBA are as follows:

  1. Better Career Opportunities
  2. High Salary
  3. Develop Management Skills
  4. Developing Industry Network
  5. Global Exposure
  6. Develop Leadership Skills

 

 Types of MBA Program:

  1. Full-Time MBA Program
  2. Part-Time MBA Program
  3. Distance MBA Program
  4. Online MBA Program
  5. Executive MBA Program

Key Highlights of the MBA Program:

  1. It is a post-graduate business degree program that mainly focuses on business, management, and Entrepreneurship.
  2. This mainly focuses on certain key aspects of other specializations like risk management, and finance management.
  3. There are many top B-Schools that also offer specializations like Sports management and healthcare management.
  4. There is an MBA program for experienced professionals which is known as Executive MBA Program. It is done for the purpose of promotion and growth of the job or position in the company.

Specializations offered in MBA Program:

In the current market scenario, we know that competition is growing day by day. As per the data given by the Labor Statistics, the job in the management sector will grow by around 7 percent from 2020 to 2029. This has increased the demand for bachelor’s degrees in management and to be separate from the market one should go for doing MBA program. You can also boost your career by doing a specialized MBA program, below is the list of a few specializations under MBA Program:

MBA in Marketing Management

MBA in Information Technology

MBA in Rural Management

MBA in Sports Management

MBA in Healthcare Management

MBA in Accounting Management

MBA in Logistics and Supply Chain Management

MBA in Digital Marketing Management

MBA in Business Analytics Management

MBA in Data Analytics Management

MBA in Entrepreneurship Management

MBA in Finance Management

MBA in Strategy Management

MBA in International Business Management

MBA in Human Resource Management

MBA in Risk Management

MBA in Operations Management

Other Key Specializations in MBA Program:

MBA in Banking and Insurance Management

MBA in Tourism Management

MBA in Disaster Management

MBA in Retail Management

MBA in Sales Management

MBA in Business Economics

MBA in Pharmaceutical Management

MBA in Biotechnology

MBA in Aviation Management

MBA in Fashion Designing

MBA in Corporate Social Responsibility

MBA in Hospital Administration

How to choose the Best specialization for you?

There are many offered specializations that are offered by different B Schools across India. Since there are many specializations offered this creates a lot of ambiguity among the students to choose the best specializations for them. There are a few reasons below that will help in choosing the best specializations for the students.

  1. Scope of the preferred MBA specialization in the upcoming future.
  2. The Reputation of the Institute for that given specialization.
  3. The Quality of Faculty which are offered by the institute for that given MBA specialization.
  4. The student and faculty ratio of the given MBA Institute.
  5. The Batch Size as well as the data of the company which comes for given in the given institute.
  6. Return on Investment which is offered by the given institute in that particular specialization.
  7. The Average Package, Median Salary, Lowest Package as well highest package offered by the given Institute.

Entrance Exam for MBA Admission:

MBA Entrance Exam plays a very crucial role in admission to top business schools in India and abroad. We know that MBA becomes one of the most desired degrees among the passing graduates of the country. Through this degree, the students get a plethora of opportunities in the corporate field. There are both national-level exams as well as state-level exams for admission to top MBA colleges in the country. These Entrance exams will be the gateway to admission in top MBA colleges like Indian Institute of management, FMS and many other top B Schools of the country. Here is the list of top entrance exam for admission in top MBA colleges are as follows:

  1. CAT Exam
  2. SNAP Exam
  3. MAT Exam
  4. CMAT Exam
  5. IIFT Exam
  6. XAT Exam
  7. TISSNET Exam
  8. MH CET Exam
  9. MICAT Exam
  10. NMAT Exam
  11. API CET Exam
  12. IBSAT Exam
  13. KMAT Exam
  14. NBSAT Exam
  15. TSICET Exam
  16. TANCET Exam

List of Top MBA Colleges in India:

  1. IIM Ahmedabad
  2. IIM Bengaluru
  3. IIM Kolkata
  4. IIM Kozhikode
  5. Faculty of Management Studies, Delhi
  6. Indian Institute of Foreign Trade, Delhi
  7. Management Development Institute, Gurgaon
  8. XLRI, Jamshedpur
  9. SP Jain Institute of Management and Research, Mumbai
  10. ISB Hyderabad

Top MBA Colleges of Delhi NCR:

  1. Department of Management Studies, IIT Delhi
  2. FMS, Delhi
  3. IIFT, New Delhi
  4. Indian Institute of Management, Rohtak
  5. IMI, New Delhi
  6. IMT, Ghaziabad
  7. Lal Bahadur Shastri Institute of Management, New Delhi
  8. Fore School of Management, Delhi
  9. Soil, Gurgaon
  10. BML Munjal University, Gurgaon

Top MBA Colleges of Bangalore:

  1. IIM, Bangalore
  2. Alliance University
  3. Jain University
  4. Ramaiah Institute of Management Studies
  5. Christ University
  6. Xavier Institute of Management and Entrepreneurship
  7. Acharya Institute of Management
  8. Jagdish Sheth School of Management
  9. Welingkar Institute of Management and Research
  10. SIBM, Bangalore

We at Careerthirst are pioneered in the field of MBA Counselling as we have an expert counselor from a top Business school in India. Their vast experience and knowledge helps student in getting admission their dream college. So if you are looking for admission in top B Schools of India and abroad, then careerthirst id one stop solution for you.