Top 5 Highest Paying MBA Specializations In India
We take up a certain educational course for two reasons, one would be education, learning and the other would be money. There is no doubt that money makes our lives easier and we tend to choose courses that can provide us with the highest pay.
MBA is one such course that is assumed to provide a good lifestyle with money to get you comfortable and it is also true. However, even in MBA specializations, certain specializations can get you the highest pay.
In this article, we will look into the top 5 highest paying MBA specializations in India. So let us get started.
Top 5 Highest Paying MBA Specializations In India
As promised earlier, we will now list out the top-paying MBA specializations in India. Get ready to become the richest in the group.
MBA in Marketing
In the current scenario, marketing has great scope and plenty of companies and individuals invest Lakhs and Crores in this area. Getting an MBA in Marketing can get you plenty of money.
MBA in Marketing will provide you with knowledge about brand management, marketing tactics, consumer behavior, leadership skills, and marketing strategies.
These days, marketing is done through online media to a great extent. Therefore, those candidates who opt for MBA in Marketing should be well aware of SEO, marketing techniques, how social media algorithm works, etc. you can expect over 6L per annum as your salary after this course.
MBA in Operations
MBA in Operations might seem new to you. This course involves the creation, planning, and management of resources used by the business. These resources help businesses harvest their products and services.
This course will expect you to have good communication skills so make sure you are fluent in various languages especially English.
The job opportunity with an MBA in Operations will include roles in consulting firms, financial institutions, construction, hospitality, etc. you can expect your salary to be over 6L per annum with an MBA in Operations.
Also check: MBA Entrance Exams
MBA in Finance
Every firm’s objective is to make a profit and they will always require someone to take care of their finances. And with an MBA in Finance, you would be that person.
Being a person in this position, you will be asked to do asset management, financial management, pricing, resource management, investment, etc. to take up this course, you must be keenly interested in stocks, investments, tax, profit-making, balancing, etc. Even this course will provide you with a yearly salary of over 6L per annum.
MBA in Entrepreneurship
These days, everyone has their own business and they need help and consultancies to guide them on the way. You, with an MBA in Entrepreneurship, could start a successful business as you will be trained to do so in this course.
Here, you will be taught how to start and run a profitable business through your ideas. You may earn over 5L per annum with this course in your hand.
MBA in Business Analytics
If you have brains in how a plan and a strategy can maximize the profit a company makes, this is the course for you. Here, you will be trained to analyze and create plans that will help you increase profits in a business.
This course will help you become someone who makes the right decisions for a company and also makes you a good manager. The best thing about this course is that it can provide you with about 10L per annum.
Conclusion
Now, you know what MBA specialization to choose to get the highest paying job as per your interest. These courses can help you get paid through other companies and also help you build your own business.
With MBA in Business Analytics being the highest-paid MBA specialization, the rest pay you around the same; 6L per annum. Money is important to lead a good life, but so is passion. So, choose the course that goes with your interests and you are passionate about.
FAQs (Frequently Asked Questions)
Q1. Which is the highest-paying MBA specialization?
Ans. MBA in Business Analytics is the highest-paying MBA specialization providing you with about 10L per annum.
Q2. Are these MBA courses costly?
Ans. Getting an MBA is pretty pricey and these may cost you anywhere from 3L to 7L per annum. If you are getting an MBA from the best B-schools, it could be even heavier on your pockets.
Q3. What exams do I have to clear to get an MBA?
Ans. There are various exams that you can aim for to get into the best B-schools in India. Some of these exams are CAT, XAT, IIFT, etc.
Q4. Which are the best B-schools in India?
Ans. Some of the best B-schools in India include IIMs, XLRI, IIFT, Indian School of Business, FMS, etc.
