MBA Courses in India: Top 9 Management Courses in 2023

Maybe you have decided to get an MBA degree or are still on the fence about it or perhaps are still clueless about what it actually means. In this article I have tried to give a detailed guide to the MBA courses list, so you can choose the right MBA specialization needed to grow in your field. But before we dive into the list of courses, let’s first understand the WHAT WHY, and HOW of doing an MBA degree. 

This list will give you an idea of what different courses offer and what it entails. If any of these courses strike your interest, do your own research, visit the ideal colleges, and know where you stand. 

So, 

WHAT IS MBA?

Master of Business Administration or MBA has been for a long time one of the most respected and popular postgraduate courses across the world, including India. 

The MBA degree goes way back to the early 20th century when it was first originated in the United States, just when the country was industrializing. The companies were looking for scientific management to analyze and synthesize their workflows. MBA came to India in the 1950s, XLRI Jamshedpur and IIMs pioneered MBA education in India. 

This two-year professional course can do wonders for your career and move you up the business ladder in your chosen field of work. 

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WHY DO AN MBA?

The reason why one does an MBA may vary from person to person driven by different personal ambitions or thirst for further education.  One of the most common reasons why one invests their time in doing this degree is to advance in their career. You are equipped with certain skill sets that help you land managerial levels of positions. 

Another popular reason why MBA is so sought after is that you meet and build connections with like-minded people. It helps you network and you get your feet inside the industry you are interested to become part of. This can become invaluable as you look for jobs after graduation. 

MBA course allows you to change your career. You can learn and specialize in the industry sector you are interested in. For example, it helps bridge the gap and gives you in-depth knowledge of the industry you want to work in. 

Another incentive for many is, if you choose the right MBA course, in the right business school, it will provide a considerable increase in your salary. All in all, whatever may drive you to do an MBA degree; with the right choices, it will surely become rewarding in the long term. It will help you prepare for the competitive world of today. 

You will acquire leadership and management skills and become able to manage difficult scenarios like financial crises. It will help you get out of your comfort zone, lets you explore new and trending management techniques and tools. 

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HOW TO DO AN MBA?

Considering the popularity, many universities and business schools offer a wide range of MBA courses, where you can choose to specialize in your chosen area of the business world. 

In the detailed MBA course list, you will get an overview of different MBA courses, but let’s understand first how one can do MBA in India. 

You can pursue a degree in MBA regardless of any background whether Science, Commerce, or Humanities.  Regular MBA is normally a two-year course separated into four or six semesters. But some institutes also have a one-year PGDM program. 

You can choose to do an MBA course in three different ways: Regular Mode, Online Mode, and Distance Education. You can opt for one of their modes depending on how much and in what ways you can invest your time. Regular mode is generally preferred. 

Besides this, some courses are made especially considering the professional experience a candidate has, like Executive MBA. To do an Executive MBA, you need to have at least five to ten years of work experience. 

ELIGIBILITY

The basic criterion for most of the courses detailed in the MBA course list is graduation in any discipline from a recognized university. 

• The minimum score criterion for most of the institutes is 50% on average or equivalent. 
• You can also apply in your final year of graduation given you can provide proof of completion of the degree within the stated time. 
• For doing MBA in India from top institutes, you should appear and score high in entrance exams like CAT, SNAP, CMAT, NMAT, XAT, MAT, and the like. 
• The qualifying exams are then followed by another screening round which involves group discussion followed by a personal interview conducted by the institute you qualified for. 

BASIC MBA SKILLSET

As an MBA manager, you should have leadership qualities, strong communication skills to effectively lead and guide your team. Other basic skills you are expected to have are, 

• Problem Solving Skills
• Management Skills
• Mathematical Skills
• Business Acumen
• Ability To Work Under Pressure
• Research Oriented
• And so on

WHERE TO DO YOUR MBA COURSE?

1. IIM Ahmedabad
2. Indian Institute Of Management, Bangalore
3. IIM Calcutta – Indian Institute of Management
4. IIM Lucknow – Indian Institute of Management
5. VGSOM IIT Kharagpur – Vinod Gupta School of Management
6. Indian Institute of Management Kozhikode
7. IIM Indore – Indian Institute of Management
8. Department of Management Studies, IIT Delhi
9. XLRI Xavier School of Management
10. Gurgaon – Management Development Institute

MBA COURSES LIST

1. MBA IN FINANCE ( #1 MBA Courses in India)

In Master Of Business Administration in Finance, you will gain an in-depth understanding of financial and managerial areas of the business, and how you can apply this knowledge to face real-world business scenarios. 

As a student, you will learn all about a wide variety of subjects like, Risk Management, Asset Management, management accounting, Investment management, Financial Planning, etc, while building skills that enable you to estimate economic trends, assess risk, analyze industry patterns, maximize stock values-among other things. 

If you are interested in Finance and have a deep understanding of Mathematics and Accounting, then this course is for you. 

The general list of subjects taught in Finance by MBA colleges in India,

• Money and banking
• Structural Finance 
• Business Valuation
• Corporate Restructuring
• Trading Strategies
• International Finance
• Investment Analysis and Portfolio Management
• Commodity Finance
• Hedge Fund Management
• Security Analysis
• Acquisitions and Mergers
• Business Valuation
• Fundraising
• Disbursements
• Capital Structure – Introduction, Features & Factors Affecting Capital Structure
• Models for Determining Optimal Cash Needs
• Risk Analysis in Capital Budgeting
• Statistics for Business

 List of Job Opportunities 

Once you complete your course in MBA finance, it will open up the doors for several lucrative career options, like, 

• Finance Manager
• Accountant Manager
• Accounts Officer
• Portfolio Manager
• Derivatives Trader
• Research Analyst
• Finance Executive
• Assistant Manager
• Equity Research Analyst
• Finance Officer

Top Recruiters 

Some of the top companies looking for an MBA in Finance include, 

CRISIL, J P Morgan, Barclays, McKinsey, Axis Bank, Yes Bank, ICICI, Goldman Sachs, Deloitte, Lehman, Morgan Stanley, etc. 

2. MBA IN MARKETING ( #2 MBA Courses in India)

Master Of Business Administration in Marketing has always been a top preference among the list of courses offered in MBA but recently has become more coveted with the growing importance of online and digital marketing. 

As a Marketing student, you will study Branding, Advertising, Online Marketing, Sales, Promotion, and the rest. 

The very essence of Marketing is Communication and Networking; it requires an understanding of Human Behavior, so you can create and market products consumers are likely to buy. 

You can consider a career in Marketing if you have skills like communication skills, reasoning skills, problem-solving skills. 

The general list of subjects taught in Marketing by MBA colleges in India,

• Human Resource Management
• Business Communication
• Personality Development
• Information Technology for Managers
• Organizational Behavior
• Consumer Behavior
• Statistic Methods for Business Decisions
• Advertising and Sales Promotion
• International Marketing
• Business Marketing
• Strategic Brand Management
• Service Marketing
• Forecasting, modeling, and marketing strategy
• Operations management 

List of Job opportunities

• Marketing manager
• Brand Manager
• Product Manager
• Marketing Communications Manager
• Asset Manager
• Media Planner
• Head of Digital Marketing
• Advertising Manager
• Marketing Executive
• Public Relations Director

Top Recruiters

Some of the top companies looking for an MBA in Marketing include, 

Amazon, Facebook, Deloitte, JP Morgan, McKinsey, Microsoft, Morgan Stanley, BCG, Apple, Citigroup, etc.  

3. MBA IN HUMAN RESOURCE MANAGEMENT  ( #3 MBA Courses in India)

Human Resource management embodies a crucial role in any company. HRM teaches you to manage and retain the best employees by recruiting, training, and developing them according to the organization’s needs. 

The goal of HR managers is to improve the overall quality of the business. They are responsible for employees’ welfare by safeguarding their rights at workplaces. 

The course teaches you strategies for recruitment and retention of employees, how to reward and compensate them whenever merited. 

Communication, being proactive and responsible, discretion and ethics, empathy, teamwork; are some essential qualities you need to possess as you would be working closely with the most Human Element of the company: the employees. 

The general list of subjects taught in Human Resource Management by MBA colleges in India, 

• Fundamentals of Industrial Relations
• Managerial Economics
• Accounting and Finance
• Corporate Communication
• Operations Management
• Research Methodology
• Labour Laws
• Marketing Management
• Strategic Human Resource and Management
• Economics of Human Resources
• Human Capital Management and HR audit
• Business environment and ethics
• Organizational development and change  

List Of Job Opportunities

In the corporate world, each company has an HR division to administrate the employees. Roles you can take after completing MBA in HRM include, 

• HR Generalist
• Staffing director
• Labor Relations Manager
• Training and Development Manager
• Compensation Manager
• HR Professor
• HR Manager

Top Recruiters

Some of the top companies looking for MBA in HRM include,

Infosys, Aditya Birla Group, Reliance, Ministry of Human Resource Development, Bharat Electronics Limited, Trigent Software Limited, TATA AIG General Insurance Company Limited, Pepsico, L’oreal, etc. 

4. MBA IN RURAL MANAGEMENT  ( #4 MBA Courses in India)

The course will teach you to plan, organize, and maintain different cooperatives. You will study all about agribusiness, rural economy, how business works in rural areas. 

A lot of companies are investing in rural markets considering India’s 50% of GDP is based on the rural economy, So there’s been consistent growth in the demand for rural managerial jobs. 

This job is at once demanding and rewarding. It involves lots of experimental learning. You need to have qualities like empathy, commitment, and integrity to work in this field. 

The general list of subjects taught in Rural Management course by MBA colleges in India, 

• Production and Operations Management
• Microeconomics
• Cost and Management Accounting
• Rural Society and Polity
• Human Resource Management
• Macroeconomics
• Green Business and Sustainable Development
• Strategic Procurement in Agribusiness
• Agricultural Input Marketing
• Services Marketing
• Rural Infrastructure
• Precisions Farming and Horticulture

List Of Job Opportunities

Various opportunities in rural development projects, government sectors, NGOs, funding agencies. You are also eligible to carry different managerial roles in an organization. 

• Business Development Manager
• Research Officer
• Rural Development Officer
• Sales Manager
• Vendor Development officer
• Regional Manager
• General Manager
• Project Manager
• Supply Chain Manager

Top Recruiters

Godrej, Amul, TATA, Microsoft, ADM, ICICI, IBM, ITC, Amazon, Nandi Foundation, PRADHAN, Parle Products, CARE, Seva Mandir, Agro Tech Foods. 

5. MBA IN HEALTHCARE MANAGEMENT OR HOSPITAL MANAGEMENT ( #5 MBA Courses in India)

In this MBA course, as a student, you will learn all about the managerial and administrative roles carried out by a Healthcare Manager at a healthcare institute. 

You will gain an in-depth understanding and insights into the world of the healthcare industry and its growing requirements. 

Healthcare Manager carries a lot of duties and is responsible for managing healthcare systems, hospitals, and other medical institutes. Besides the basic administrative skills, you are expected to have the ability to work under pressure; you should be flexible, adaptable, and dependable.

The general list of subjects taught in Healthcare Management or Hospital Management course by MBA colleges in India, 

• Fundamentals of Healthcare Administration
• Healthcare Policies & Regulations
• Healthcare Economics
• Medico-Legal Issues
• Health Management
• Quality Assurance
• Healthcare Policies & Regulations
• Healthcare Legislation
• Health Management
• Healthcare Planning
• Organization of Hospitals
• Administration of Hospital
• Concepts of Epidemiology
• Information Management in Healthcare
• Anatomy, Physiology & Medical Terminology
• Hospital Enterprises Management

List Of Job Opportunities

After completing the MBA Healthcare course, you have an abundance of career options available for you. There are different managerial roles you can take in both the private and public sectors.

• Health Administrator
• Hospital Consultant
• Health director
• Chief Nursing Officer
• Medical Affairs Manager
• Hospital Quality Assurance Executive
• Assistant Professor
• Clinical Project Manager
• Hospital CEO and CFO

Top Recruiters

Some of the top companies looking for an MBA in Healthcare Management include,

Cipla, Pfizer, TCS, ICICI Lombard, UNICEF, UNDP, Star Health, GE, Glenmark, Bajaj Allianz, Apollo, Columbia Asia, KPMG, Deloitte, Aditya Birla Sunlife, Abbott, Siemens, etc.

6. MBA IN BUSINESS ANALYTICS ( #6 MBA Courses in India)

MBA in business analytics combines both managerial sides of businesses as well as techniques involved in analytics. In this course, you would learn to convert and demystify big data into knowledge and insights, which in turn help businesses, make important decisions.

The data gathered using different analytical tools play a vital role in smart decision-making. The company gets clearer insights which then can help them plan and reach their goal effectively and efficiently.

During this course, you would come across many real-world case studies where you learn to collect and analyze the data using analytical tools and use that to solve complex business problems.

If you have an interest in analytical skills and want to work on both the business side as well as the technical side of the corporate world, then you can surely opt for this course.

The general list of subjects taught in the Business Analytics course by MBA colleges in India,

• Strategic Management
• Managerial Communication
• Managerial Economics
• Financial Accounting
• Stochastic Modeling
• Statistical Analysis
• Managerial Economics
• Data Modeling
• Operations & Supply Chain Analytics
• Risk Management
• HR Analytics
• Data Mining
• Ethical & Legal Aspects of Analytics
• Simulation Modeling
• Big Data Analytics
• Analytics, Systems Analysis & Design
• Organizational Behavior
• Predictive Analytics

List of Job Opportunities

After completing the course in Business Analytics in an MBA, many career options will be available for you. There is a high demand for business analysts as companies need them to make business decisions based on the scientific data they provide.

• Quantitative Analyst
• Data Scientist
• Statistician
• Market Research Analyst
• Business Intelligent Expert
• Business Analyst Project Manager
• Data Mining Expert
• Predictive Modeller
• Data Warehousing Expert
• SAS Programmer
• Business Analyst Industry Expert

Top Recruiters

Some of the top companies looking for an MBA in Business Analytics include,

Accenture Analytics, Crayon Data, Bridgei2i, Global Analytics, Exl Analytics, Boston Consulting Group, LinkedIn, Morgan Stanley, Adani group, Cartesian Consulting, Mu Sigma, Tiger Analytics, Convergytics, etc.

7. MBA IN INFORMATION TECHNOLOGY ( #7 MBA Courses in India)

With the growing and ever-evolving technologies, and with more and more companies becoming internet-based; a career in IT has become a favorite choice among many. Despite being a comparatively newer specialization in MBA, it has become one of the most desirable among MBA candidates.

As a student, you will learn both the managerial side of the work as well as in-depth knowledge of IT. This course will prepare you for a great career in IT at the managerial level.

There are certain essential skill sets you need to have to thrive in this field, like computer and digital literacy, data mining and coding, data management and analytics, and such.

The general list of subjects taught in Information Technology course by MBA colleges in India,

• Managerial Economics
• Quantitative Techniques for Decision Making
• Business Research
• Management Process and Organizational Behavior
• Financial Management
• Production and Operations Management
• ERP- Advanced Business Application Programming
• Information System Management
• E-Governance and Framework of ICT
• ERP- Advanced Business Application Programming
• Entrepreneurship Development
• ERP- System Administration
• Corporate Social Responsibility, Ethics, and Human Values

List Of Job Opportunities

An MBA in Information Technology opens up a variety of job opportunities for the students. You can work in different IT industries, all the sectors concerning IT management; IT configuration management, Service management areas, IT financial management as well as banking and finance sectors.

• Chief Technology Officer
• IT Specialist
• Information Systems Manager
• Quality Analyst
• Application Programmer
• Project Manager
• Computer and Information Systems Manager
• IT Consultant
• IT Director
• Corporate Strategy Manager
• Chief Technology Officer
• Computer & Information System Manager

Top Recruiters

Some of the top companies looking for MBA in Information Technology include HCL Technologies, Infosys, Tech Mahindra, WIPRO, Google, Dell, Accenture, Amazon, Intel, Oracle, IBM, etc

8. MBA IN OPERATIONS MANAGEMENT ( #8 MBA Courses in India)

MBA in Operations Management focuses on training students to plan, organize, supervise resources used by businesses to make services and products.

As an Operation Manager, you have to ensure that you procure goods and services from outside sources needed by the organization to run smoothly. Besides managing resources, you have to work closely with a wide range of people like stakeholders, researchers, engineers, and so on. You need to have strong interpersonal skills.

As a student, you will learn to overcome problems related to supply chain design, logistics, and supply chain management.

If you can see yourself balancing soft skills like negotiation, communication, organization, awareness of customer needs to be combined with hard skills like budget management, human resource management, logistics; then you can opt for Operation Management as your MBA specialization.

The general list of subjects taught in the Operations Management course by MBA colleges in India,

• Production Management
• Operations Management and Strategy
• Corporate Legal Environment
• Corporate Environment
• Business Skill Development
• Managerial Economics
• Industry Best Practices
• Logistics & Supply Chain Management
• Operations Scheduling
• Quantitative Techniques
• Demand and Business Forecasting
• Corporate Environment
• Enterprise Resource Planning
• Inventory Control
• Operations Research
• Business Policy and Strategic Management
• Management of International Business
• Total Quality Management

List Of Job Opportunities

Different job roles are available for you inside an organization depending on your capabilities. You also have a lot of opportunities in the consultancy sector.

• Area Operations Manager
• Process Managers
• General Operations Manager
• Supply Chain Program Manager
• Inventory Control Manager
• Operations Management Engineer
• Technical Operations Manager
• Business Process Managers
• Plant Manager
• Consultant

Top Recruiters

Some of the top companies looking for MBA in Operations Manager include,

Ernst & Young, L&T, Tata Consultancy Services Limited, Novartis, Genpact, WNS Global Services, Reddy’s Laboratories (Pharmaceuticals), Airtel (Telecoms), Aviva, Adecco, etc.

9. MBA IN HOTEL MANAGEMENT ( #9 MBA Courses in India)

In the Hotel Management course, you will learn to manage accommodation, food, and beverages, travel, hospitality. To excel in this field you should be a good listener, have a polite demeanour, possess the ability to multitask, adjust to different environments and different kinds of people, willingness to work at odd hours, etc.

The general list of subjects taught in Hotel Management course by MBA colleges in India,

• Law for Global Business
• People and Systems in Organization
• Managing with Technology
• Essentials of Business Management
• Hospitality and Organization Management
• Organizational Behaviors
• Human Resource Management
• Accommodation Management
• Facilities Design & Management
• Hospitality Marketing & Sales
• Fundamentals of Tourism & Tourism Products
• List Of Job Opportunities
• Different job role you can take after completing MBA in Hospital Management,
• Hospitality Executive
• Catering Assistant Supervisor
• Hotel Manager
• Food & Beverage Manager
• Cabin Crew
• Customer Service Professional

Top Recruiters

Some of the top companies looking for MBA in Hospital Management include,

The Park hotels, ITC, Indian Hotel Company Ltd, Zomato, Taj Hotels, InterContinental, etc

The Above list is for Top MBA Courses in India.