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What MBA Specialisations Are Most in Demand?

What MBA Specialisations Are Most In Demand
MBA

What MBA Specialisations Are Most in Demand?

Many Candidates choose to study MBA Abroad. The most common problem that students face is when planning for an MBA and its specialization. From Marketing and Finance to Management and Analytics, an MBA is a vast field, and choosing a major that matches your interests and skills can be a daunting task.  

An MBA, or Master of Business Administration, is a master’s degree in business administration (management). An MBA degree is one of the most desirable degrees in the world. MBA students learn the theory, relevance, and importance of business and management principles.  

This study provides students with knowledge that can be applied to a variety of real business situations. An MBA degree can get you a better hike in your job pay and position than a Bachelor’s degree. 

Top 5 Employable MBA Specializations 

1) MBA in Operations Management 

An MBA in Operations Management graduate is expected to have an eye for detail, remarkable negotiation skills, high efficiency levels, and possess technical expertise.  

To accomplish this, you will be provided with the production floor or production management skills as part of the course curriculum, allowing you to ensure that all business operations are running smoothly and effectively.  

You will also learn all procedures related to planning, organizing, controlling, and supervising. Top-notch companies like Apple, Amazon, Accenture, J.P. Morgan, and Tata Consultancy hire MBA in Operations Management graduates. 

  • Job Profiles:  
  • Operations Manager  
  • Process Re-engineering Manager  
  • Deputy Manager  
  • General Operations Manager  
  • Supply chain Manager 
  • Average Annual Salary: $111,000/- 

2) MBA in Marketing 

If you feel Advertising and Marketing are more of your style then consider MBA in Marketing. MBA in Marketing is among the most sought-after programs in the world. As a marketing professional, you must be able to communicate effectively while also being creative and resourceful. 

MBA marketing subjects that are comprehensively covered, provide students with these kinds of skills. You will learn about ways to promote the company’s goods and services, create, develop, and implement various marketing campaigns, and effective customer communication, both B2B and B2C. MBA in Marketing graduates can work in companies like Apple, Amazon, Flipkart, Wipro, Accenture, BCG, etc.  

  • Job Profiles:  
  • Marketing Manager  
  • Brand Manager  
  • Media Manager  
  • Digital Media Analyst  
  • Corporate Communications Head
  • Corporate sales 
  • Average Annual Salary: $103,000/-  

3) MBA in Finance 

MBA in Finance is like an evergreen study option that can never go wrong. An MBA in finance does not only lead to positions in Investment Banking and Securities. It also provides numerous job opportunities in the corporate sector. Accounting executives who prepare financial statements for a company can further become Financial Managers or Financial Analysts who focus on building financial strategies and oversee the company’s cash management. 

An MBA in finance offers you highly specialized knowledge that accelerates individual success, as well as the success of the businesses where you work, from mergers to expansions to Global Finance the ladders, are always up. Companies like Bank of America, Tata Consultancy, Oracle, and J.P. Morgan are on top of the list 

  • Job Profiles: 
  •  Investment Banking  
  • Finance Research Analyst  
  • Corporate Finance  
  • Financial Consulting
  • Wealth & Portfolio Management  
  • Average Annual Salary: $102,000/-  

4) MBA in International Business 

An MBA specializing in International Management is ideal for business students who plan to work abroad or in Multinational Companies after graduation. It is one of the most demanding MBA majors. You will acquire essential skills such as finance, strategy, and operations in an international environment, preparing you to work with people and organizations around the world. 

This degree can lead to an offer, which can allow you to move to another country. Some of the world’s largest companies hire International Business MBA graduates including Amazon, Apple, Walmart, Cognizant, Capgemini, Deloitte, Wipro, Bharti Airtel, etc.  

  • Job Profiles:  
  • Export & Import Manager  
  • Foreign Exchange Manager 
  • International Finance Manager 
  • International Marketing Manager 
  • Average Annual Salary: $93,000/- 

5) MBA in Business Analytics and Big Data 

Due to the huge growth of big data, earning an MBA focused on business analytics and big data has become very popular and is once again one of the most in-demand MBA majors. Companies are always looking for skilled managers who understand the value of data and can quickly analyse it for meaningful insights. An MBA in Business Analytics can help you learn how to filter and analyse data and achieve positive organizational impact. 

In addition to this course, you will learn concepts such as predictive analytics, marketing analytics, and econometrics. Many business leaders hire Business Analytics professionals. Morgan Stanley, Microsoft, Amazon, Google, McKinsey and Company, Accenture, Deloitte, American Express, and Facebook are a few big names. 

  • Job Profiles:  
  • Senior Data Scientist  
  • Business Analytics Manager 
  • Software Developer  
  • Data Analyst  
  • Supply chain Analyst  
  • Average Annual Salary: $82,000/-  

Conclusion   

It is very important to choose a major that you think is interesting and right for you, but with so many amazing options to choose from, selecting just one of the many can be overwhelming. It makes sense to choose the stream; that is most relevant in today’s environment because today’s industry is digitized and data-centric.  

But each profession has its advantages. Therefore, choose a major based on your interests and abilities and know that whatever major you choose, you will have to work hard to succeed. 

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