MBA specialisations allow the candidate to specialise in their preffered field thus securing high paid salary. MBA in finance, business analytics, information technology, international business, and marketing are the Highest Paying MBA specializations in India.
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An MBA in finance, business analytics, information technology, international business, and marketing provides the highest-paying jobs in India. These are the highest-paying MBA specializations in India that candidates with an interest in management can opt for.
The starting salary for these MBA specializations starts at INR 35,00,00 per annum. Various MBA specializations in India have a unique opportunity to offer to candidates tailored according to their interests and career goals. To get admissions 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.
Various top colleges are offering MBA courses in different specializations. Some of the top colleges in India for MBA are IIMA (Ahmedabad), XLRI (Jamshedpur), and SP Jain (Mumbai).
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. MBA finance candidates can pursue investment banking, corporate finance, asset management, or financial consulting as their career.
| Positions | Average salary per annum |
| Financial Management Associate | Rs. 71 lakhs to Rs. 75 Lakhs |
| Finance Consulting Manager | Rs. 67 lakhs to Rs. 70 Lakhs |
| Leveraged Finance Manager | Rs. 63 Lakhs to Rs. 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. Candidates with an MBA business analytics degree can secure jobs as data analysts, business intelligence managers, and data scientists in various top-notch firms in India.
| Positions | Average salary per annum |
| Business & Data Analyst | Rs. 67 lakhs to Rs. 75 Lakhs |
| Business Strategist Analyst | Rs. 42 lakhs to Rs. 80 Lakhs |
| Business Application Analyst | Rs. 59 Lakhs to Rs. 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. The students of MBA IT are responsible for bridging the gap between Business and Technology. Candidates learn IT strategies, Digital transformation, cyber security, and IT project management under this course. Individuals with an MBA in IT can secure jobs in various MNCs as IT managers, technology consultants, or Chief information officers.
| Positions | Average salary per annum |
| Information Technology Manager | Rs. 71 lakhs to Rs. 8 Cr |
| IT Senior Associate | Rs. 59 lakhs to Rs. 63 Lakhs |
| IT Service Manager | Rs. 59 Lakhs to Rs. 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. MBA international business candidates can secure jobs in multinational corporations, Global consulting firms, and international trade organizations.
| Positions | Average salary per annum |
| Business Development Manager | Rs. 50 lakhs to Rs. 70 lakhs |
| International Trade Specialist | Rs. 35 lakhs to Rs. 55 Lakhs |
| Import Compliance Specialist | Rs. 50 Lakhs to Rs. 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. MBA marketing Individuals can get jobs as Field Marketing Manager, Client Success Specialist, and Social Media Coordinator.
| Positions | Average salary per annum |
| Field Marketing Manager | Rs. 50 lakhs to Rs. 59 lakhs |
| Client Success Specialist | Rs. 60 lakhs to Rs. 67 Lakhs |
| Social Media Coordinator | Rs. 40 Lakhs to Rs. 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
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