MBA programs offer a wide range of specializations, according to various career interests and industry needs. The compensation received after this degree is no less and ranges somewhere between 7-20L depending upon the educational institution, and the company a student is placed in. Most leadership roles are tapped by MBA professionals due to better knowledge, skill-set, and competencies about industry exposure.

Out of the many, following are the top 10 commonly known MBA specialisations.

• MBA in Digital Marketing
• MBA in Human Resource Management
• MBA in Finance
• MBA in Supply Chain Management Management
• MBA in Information Technology
• MBA in Tourism Management
• MBA in Business Analytics
• MBA in Healthcare Management
• MBA in International Business
• MBA in Hospitality Management

Here's how you can choose the best specialisation according to your interest,

1. Identify your interest - For instance, if your graduation was in a medical course, say BDS or Biotechnology, then you could go for an MBA in Hospital and Healthcare Management if you so choose.

2. Check the scope and relevance - Estimating the scope of work after you complete your desired MBA specialisation is important because it defines the opportunities you will come across

3. Find what’s important for you- salary, experience, passion, growth - For example, the salary of a Media Management Professional might be scaled less for now, but in the coming times, the media takeover is supposedly going to be insane, meaning heightened growth potential. On the other hand, doing an MBA in Finance yields a higher salary right from the get-go.

4. Future demand - Ask yourself, do you see yourself working in the same line say 10 years down the line? Would you still have that job you were excelling at? Trends are temporary, students should aim for choosing a specialization that aligns with their long term career goals and is futuristic.

I hope you are clear with your query now.

Hello,

Typically, MBA programs provide a range of specialisations to accommodate various career objectives. Typical concentrations consist of:

1. Finance: risk management, financial analysis, and investment banking
2. Marketing: sales, digital marketing, and brand management
3. Human Resources (HR): Training, hiring, and talent management
4. Operations Management: Logistics, supply chain, and process improvement
5. Information technology (IT): data analytics and systems management
6. International Business: Cross-border tactics and worldwide trade
7. Entrepreneurship: venture capital and startup management
8. Business analytics, retail management, healthcare management, etc.

For precise offerings, check with your target university or B-school as specialisations differ by institution.
All the best.