Top 5 MBA Specialization in India with High Paying Job Prospects and Future Scope 2024

MBA (Master’s in Business Administration) is a highly demanded course. From working professionals to recent graduates, consider pursuing an MBA for better career opportunities, skill enhancement, promotion, and a secured job. In India and across the globe, more than 30 MBA specializations are available that offer students different career opportunities and learning. Selecting an in-demand, high-paying, best-suited MBA specialization to your qualification, interest, and future goal is essential. In this blog, we have shared 5 best MBA specializations with details you can consider to pursue for high-paying job opportunities and future scope.

List of Top 5 Highest Paying MBA Specialization with Good Future Scope

1. MBA in Business Analytics

In recent decades, Data has become an integral part of businesses. Business analytics helps businesses extract valuable data from large databases, which ultimately helps the business prepare a strategy and action plan to achieve its goals and targets. An MBA in business analytics equips students with the business analytics skills that are highly demanded in today’s corporate world.

Course Duration
2 Years 
Core Subjects
  • Big Data Analytics 
  • Financial Analytics 
  • Marketing Analytics
  • Analytics using R & Python 
  • Digital & Web Analytics
Top Colleges for MBA in Business Analytics
  • IIM Bangalore
  • Lovely Professional University
  • Dy Patil University
  • Symbiosis
  • MIT
Total Fees
INR 50, 000  to INR 25 Lakh
Career Scope
  • Business Analytics Manager
  • Data Analyst
  • Marketing Analyst
  • Operations Analytics
  • Supply Chain Analyst
  • Risk Analyst
  • Predictive Modeler
Salary Package
INR 1.9 LPA - INR 22 LPA

2. MBA in International Business Management

In today's world, when borders don't restrict the business. Businesses spread around the globe. Multinational companies often require a professional who is well-versed in global business management. An MBA in international management helps you acquire the skills necessary to understand the global economy, cultural differences, and business world needs. Professionals with an MBA in business management receive prestigious job opportunities with high salary packages.

Course Duration
2 Years 
Core Subjects
  • Strategic Management and Business Policy
  • International Business Management
  • Business Leadership
  • Research Methodology
  • Legal Aspects of Business
Top Colleges for MBA in Business Analytics
  • Indian Institute of Foreign Trade
  • SP Jain University
  • Manipal Academy of Higher Education
  • Amity University
  • BITS Pilani
Total Fees
INR 50, 000  to INR 20 Lakh
Career Scope
  • International Trade Manager
  • Global Operations Manager
  • Import Manager
  • International Relations Specialist
  • International Logistics Manager
  • Global Supply Chain Manager
  • Export Manager
Salary Package
INR 5.5 LPA - INR 29.5 LPA

3. MBA in Information Technology

An MBA in Information technology is one of the best specializations for professionals interested in emerging technology and business management. The program is designed to combine learning about business and information systems, helping professionals combine business tactics with modern concepts of information security and project management.

Course Duration
2 Years 
Core Subjects
  • Enterprise resource Planning 
  • Information Security 
  • Business Intelligence Tools 
  • Project Management 
  • Emerging Technologies in Finance
Top Colleges for MBA in Business Analytics
  • Institute of Management Technology, Ghaziabad
  • JAIN University 
  • Great Lakes Institute of Management, Chennai
  • IIM, Kashipur
  • NIT, Tirchi
Total Fees
INR 47, 000  to INR 20 Lakh
Career Scope
  • IT Manager
  • IT Director
  • Program Manager (IT)
  • Computer & Information System Manager
  • Chief Technology Officer
Salary Package

4. MBA in Data Science

Like an MBA in business analytics but with a much broader learning opportunity, an MBA in data science is another popular specialization.  The course allows students to learn relevant skills to work with data and extract valuable insights from it.  Different universities offer courses with different names and little change in curriculum.  MBA in data science in colleges is offered as an MBA in data and analytics, an MBA in big data analytics, etc.

Course Duration
2 Years 
Core Subjects
  • Data Mining
  • Text Mining
  • AI for Business
  • Web and Social Media Analytics
  • Data Visualization
  • SQL for Data Science
Top Colleges for MBA in Business Analytics
  • IIM Bengaluru 
  • IIM Calcutta 
  • Great Lakes Institute of Management, Chennai
  • Lal Bahadur Shastri Institute of Management (LBSIM) New Delhi
  • ISB Hyderabad
Total Fees
INR 40,000 - INR 10 Lakh
Career Scope
  • Data Analyst
  • Marketing Analyst
  • Analytics Manager
  • Database Manager
  • Quantitative Analyst
  • Predictive Modeler
  • Business Intelligence Analyst
Salary Package

5. MBA in Artificial Intelligence and Machine Learning

The world is leading in artificial intelligence and machine learning. It’s modifying every sector, from healthcare and education to finances. Pursuing an MBA in Artificial intelligence and machine learning provides you the opportunity to build your career in this emerging field. The AI & ML MBA specialization is one of the best MBA specializations after a bachelor’s in engineering, IT, or computer applications.

Course Duration
2 Years 
Core Subjects
  • Basics of Artificial Intelligence & Machine Learning
  • Machine Learning
  • Performing Analytics with Python
  • Statistics & Quantitative Techniques
  • Business Intelligence
  • R-Programming for Data Analysis and Visualization
Top Colleges for MBA in Business Analytics
  • DY Patil University 
  • SRM Institute of Science and Technology 
  • Amity University  
  • SP Jain School of Global Management
Total Fees
INR 3 LPA to 6.5 LPA
Career Scope
  • Machine Learning Engineer  
  • Data Engineer  
  • AI Software Engineer 
  • AI DevOps Engineer  
  • Robotics Engineer  
  • Computer Vision Engineer 
  • Natural Language Processing (NLP) Engineer 
  • AI Solutions Architect
Salary Package

Apart from the above, other MBA specializations include entrepreneurship, investment management, innovation management, logistics and supply chain management, healthcare management, etc.

How to Choose MBA Specialization?

You can consider various factors while selecting an MBA specialization, including:

1. Your Future Goal: Consider what you want to achieve with your MBA specialization. 
2. Your Strength: Another thing to consider during MBA specialization is your strengths. For instance, if you’re good in Mathematics and statistics and know the basics of programming language, an MBA in data science can be the best option.  
3. Your Interest: Your interest matters a lot when it comes to finishing a course and utilizing its learning in your real life. While selecting an MBA specialization, you must consider your interest. 
4. Your Current Work or Experience: Your current work or experience helps you understand concepts more effectively by connecting them with real-life learnings. 

You can also consider course availability, budget, and other factors while selecting the MBA specialization. 

How to Pursue MBA - Regular/Online/Part-time/ Distance?

You can pursue regular, online, part-time, or distance MBA courses at your convenience. If you're a recent graduate considering post-graduation after your bachelor's, you can choose a regular MBA program and specialization. However, distance, online, and part-time MBA can be good options if you're employed or have start-ups. In a part-time MBA, you might be required to visit a college/university in the evening to attend classes. Distance MBA will be self-paced, meaning you must study independently with course materials.

Moreover, there is an online MBA program where you will receive proper guidance, live classes, recorded videos, and more. Further, you can enroll in executive MBA programs tailored exclusively for working professionals. The duration of an executive MBA can be 12 to 18 months. 

If you're considering an online or distance MBA, You can connect with Edukyu. Edukyu is an online free consulting service. We will assist you in choosing the MBA specialization that is well aligned with your career goal, finding the best colleges for education, and gaining hassle-free admission to online MBA programs. 
With over 5 years of experience, 54 awards, and 99% satisfied students and working individuals, Edukyu is one of the leading online MBA consultancy services. Top MBA specializations you can take admission in with us:

  • MBA in Analytics and Data Science
  • MBA in Artificial Intelligence & Machine Learning
  • MBA in Business Analytics Management
  • MBA in Fintech Management
  • MBA in Operations Management
  • MBA in Marketing Management
  • MBA in Business Management
  • MBA in Retail Management
  • MBA in Block Chain Management
  • MBA in Hospital Administration & Healthcare Management
Want to know how we can help you? Contact us!

FAQs Related to MBA Specialization 

Q: Which MBA field has the highest salary?

A: MBAs in Banking and finance, AI and ML, and Hospital management are some of the recognized MBAs for high-paying job roles. 

Q: Which is the toughest Specialization in an MBA?

A: MBA in operations management and blockchain management are considered the toughest specializations.

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