Pursuing an MBA specialization in India can help the candidate upskill their skillset in that particular field, increasing their chances of getting highly paid. Some of the highest-paying MBA specializations in India are MBA finance, business analytics, information technology, international business, and marketing.
Some of the highest paying MBA specializations in India include MBA in finance, business analytics, information technology, international business, and marketing. These highest-paying MBA specializations in India open the door to lucrative salaries and additional perks.
In the fast-growing corporate sectors pursuing these MBA specialisations can serve as a boon to aspiring candidates. They offer a wide range of unique opportunities to candidates tailored according to their interests and career goals. To get admission to MBA colleges aspiring candidates must appear for entrance exams like CAT, XAT, MAT and many more.
What is a Master of Business Administration?
MBA or Master of Business Administration is a postgraduate degree where students learn about various aspects of business management. It includes finance, marketing, operations, human resources, and strategy. MBA courses foster the students with professional skills such as critical thinking, leadership skills, and strategic decision-making, preparing them to survive the complexities of corporate workspace.
Candidates who want to pursue the highest paying MBA specializations in India can enrol themselves in top management institutions like IIMs, NITs, XLRI Jamshedpur, MDI Gurgaon and others. Getting admission into the top management institutions in India promises high placements, lucrative salaries, and various benefits. Some of the top recruiters for specialization in MBA are Apple, Amazon, Deloitte, Accenture, Google, etc.
Also Read: How to Choose the Right Management Course?
Top 5 highest-paying MBA Specialization in India
Students can select their preferred specialization in MBA depending on their interests and career goals. Some specializations can pay the candidates in lakhs while others can restrict them to a few thousand. The top 5 MBA specializations that can pay you the Highest in India are given below.
MBA specialization | Job profile |
Finance | Financial Management Associate , Finance Consulting Manager, Leveraged Finance Manager |
Business Analytics | Business & Data Analyst, Business Strategist Analyst, Business Application Analyst |
Information Technology | Information Technology Manager, IT Senior Associate, IT Service Manager |
International Business | Business Development Manager, International Trade Specialist, Import Compliance Specialist |
Marketing | Field Marketing Manager, Client Success Specialist, Social Media Coordinator |
Let's find out what you will learn in each specialization and how it can benefit you in your career.
MBA in Finance
Under an MBA in Finance, students learn detailed financial management, investment analysis, and risk management. It fosters individuals with subject knowledge and professional skills for capital allocation, investment, and financial planning.
Job Scope: Investment Banking, Corporate Finance, Asset Management, or Financial Consulting
Top Institutions: Indian Institute of Management (IIM) Ahmedabad, Indian Institute of Management (IIM) Bangalore, Indian Institute of Management (IIM) Calcutta, Faculty of Management Studies (FMS), Delhi University, XLRI – Xavier School of Management Jamshedpur and more.
Positions | Average salary per annum |
Financial Management Associate | INR 71 lakhs to INR 75 Lakhs |
Finance Consulting Manager | INR 67 lakhs to INR 70 Lakhs |
Leveraged Finance Manager | INR 63 Lakhs to INR 67 Lakhs |
Also Read: List of MBA colleges for 80-90 percentile in CAT 2024
MBA in Business Analytics
Students pursuing an MBA in Business Analytics learn to handle the vast data and extract the actionable insight from it. This specialization focuses on statistical analysis, data mining, predictive modeling, and data-driven decision-making.
Job Scope: Data Analysts, Business Intelligence Managers, and Data Scientists
Top Institutions: Indian School of Business (ISB), Great Lakes Institute of Management, Symbiosis Centre for Management and Human Resource Development (SCMHRD), and more.
Positions | Average salary per annum |
Business & Data Analyst | INR 67 lakhs to INR 75 Lakhs |
Business Strategist Analyst | INR 42 lakhs to INR 80 Lakhs |
Business Application Analyst | INR 59 Lakhs to INR 67 Lakhs |
Also Read: Changes in CAT Exam Syllabus Over the Years
MBA in Information Technology Management
The fusion of business and technology is yielding great results in the corporate sector, which has created another specialization in MBA in Information technology. It is responsible for bridging the gap between business and technology by teaching students about IT strategies, digital transformation, cyber security, and IT project management under this course.
Job Scope: IT Managers, Technology Consultants, Chief Information Officers
Top Institutions: Indian Institute of Management (IIM), Indian School of Business (ISB), Symbiosis Institute of Business Management (SIBM), Faculty of Management Studies (FMS), XLRI – Xavier School of Management etc.
Positions | Average salary per annum |
Information Technology Manager | INR 71 lakhs to INR 8 Cr |
IT Senior Associate | INR 59 lakhs to INR 63 Lakhs |
IT Service Manager | INR 59 Lakhs to INR 68 Lakhs |
Also Read: MBA Colleges With Low Fees and Good Placements 2024
MBA in International Business
MBA in International Business teaches students about global market complexities, international trade, cross-cultural management, and global strategies. Candidates learn to conduct business across borders while managing cultural differences, geopolitical factors, and international rules and policies.
Job Scope: International Marketing Manager, Global Business Consultant, Export/Import Manager, International Finance Manager, Global Supply Chain Manager, International Trade Analyst etc.
Top Institutions: Indian Institute of Foreign Trade, Xavier School of Management , Management Development Institute , Symbiosis Institute of International Business , Indian Institute of Management etc.
Positions | Average salary per annum |
Business Development Manager | INR 50 lakhs to INR 70 lakhs |
International Trade Specialist | INR 35 lakhs to INR 55 Lakhs |
Import Compliance Specialist | INR 50 Lakhs to INR 60 Lakhs |
Also Read: List of MBA Colleges Accepting 70 to 80 Percentile in CMAT 2024
MBA in Marketing
As social media is increasing, the need for marketing experts is also increasing, which is further increasing the demand for MBA in Marketing candidates in the corporate world. This course teaches students about sales, market, consumer trends, strategies, and research.
Job Scope: Field Marketing Manager, Client Success Specialist, and Social Media Coordinator etc.
Top Institutions:
Positions | Average salary per annum |
Field Marketing Manager | INR 50 lakhs to INR 59 lakhs |
Client Success Specialist | INR 60 lakhs to INR 67 Lakhs |
Social Media Coordinator | INR 40 Lakhs to INR 50 Lakhs |
Also Read: Top 10 Government MBA Colleges accepting CMAT 2024 Score
How to choose an MBA specialization?
Choosing the MBA specialization depends on various factors such as the candidate's interests, career objectives, and strengths. Various other factors are crucial for selecting specializations as mentioned below:
- Average Salary
- Demand in the corporate world
- Growth opportunities
- Social status
- Availability of colleges
- Internship and placement options
- Course fees and ROI of the program
Also Read: Different Types of MBA Courses in 2024