Which dual specialization is best in MBA?

The best specialisation includes finance and marketing, operations and supply chain management, human resource management and organisational behaviour, marketing, and analytics. These double specialisations in MBA have high industry demands making them more versatile allowing better job opportunities. It allows aspiring candidates with lucrative salaries and other benefits.

Which MBA has a high scope?

Specialization in the field of finance, marketing, business analytics, and operations usually has a high scope in India and even globally. These fields offer higher opportunities to the candidates. Finance allows the candidate to get opportunities in investment, banking, corporate finance, and financial consultancy. Marketing has been a driving force in business growth with the rise of digital platforms. Business analytics has a high demand due to data-driven decision-making and supply chain management is also in high demand in sectors like manufacturing, retail, logistics, etc.

What is the highest package of MBA in India?

MBA usually allows the candidates to secure high salary packages ranging from 50 Lakh per annum to 1.25 Crore per annum and more. Top business institutions like the Indian Institute of Management (IIM), Indian School of Business (ISB), and some other prominent business schools have a proven record of providing the highest package of around 1.25 Cr per annum in recent years, especially for international placement. In domestic placement’s highest package, it goes up to 60 to 80 lakh p.a. In most of the average business schools also, the salary package ranges between 25 and 35 lakhs per annum. Factors like a candidate’s work experience, specialisation, industry demands, skills, etc. often contribute to the salary package of a candidate.

Which MBA job is highly paid?

Investment banking and management consulting roles are the highest-paid MBA jobs. Investment banking stands out as the most lucrative career path for MBA graduates as it manages mergers and acquisitions, raises capital, and provides financial advisory services to corporations. This helps them boost their overall compensation. Private companies usually offer such professionals a high compensation. MBA graduates specialising in management consulting are appointed by big companies like BCG, McKinsey, Bain, etc. They provide them with high salaries. Apart from all this, product management roles also provide a high salary in tech companies like Google, Amazon, Apple, etc.

Which company is best after MBA?

Most companies offer lucrative salaries to MBA graduates. Companies like McKinsey & Company, Boston Consulting, and Bain & Company are considered the best in management consulting. In tech companies, Google, Amazon, Microsoft, and Apple rank highest offering high-paid roles to MBA graduates in product management, business strategy, and operation roles. These companies provide a dynamic environment along with competitive compensation packages. In the field of finance, firms like Goldman Sachs, JP Morgan, and Morgan Stanley are considered as the top forms. These companies provide good careers, growth, networking, and international opportunities.

Highest Paying MBA Specializations in India

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.

Table of Contents

What is a Master of Business Administration?
Top 5 highest-paying MBA Specialization in India
How to choose an MBA specialization?

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.

Top 5 highest-paying MBA Specializations in India
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: