Master in Business Administration (MBA) has been a great choice for career oriented young graduates. It’s a two year PG program that gives a strong foundation to the business world. MBA educates the students on how the business moves and the factors and departments that help a business unit to work and grow. For this, MBA offers specialization in different courses. HR, Marketing and Finance are a few of the most preferred choices. Students run after these courses as their demand is high, but it doesn’t mean that a graduate student will not get any opportunity after an offbeat MBA specialization. In fact, there are a few less known MBA specializations that offer the best pay-out and stable career.
If you want to get admission in MBA, then you can pursue some different specialization as well. Some of the offbeat MBA specializations offer amazing career opportunities. Here we will discuss 7 lesser known MBA specializations with endless opportunities. MBA gives a competitive edge to the students when they come out from their college. The less known MBA specializations train the aspirants to use their skills and interests for better career growth. If you are planning to get admission in MBA, then this article has information about some lesser-known MBA specializations;
7 Lesser-Known MBA Specializations
A business has multiple departments and functions that help it to run smoothly. To run these non-technical departments, the business needs MBA professionals. Therefore, MBA has a specialization to help the students understand a particular department’s working procedure.
MBA specialization signifies that students have completed the core course in a certain domain, and he has the expertise to run it for the business. The MBA specialization you choose in the second or third semester of the master’s degree program will decide the direction for your career. Students get an MBA degree in a particular specialization that becomes their area of expertise. The specialization in MBA helps students search for a job based on their skills and do good in it.
Business schools in India offer more than 30 MBA specializations. HR, Marketing, IT, Finance are the most preferred ones. These MBA specializations are also considered as the best ones to have a secure and stable career. Currently, businesses face different kinds of challenges, so the companies need professionals with more specific expertise. So, in the present scenario, offbeat MBA specializations are in demand. Let’s know more about less known MBA specializations and career possibilities after the course;
1. MBA in Business Analytics
Data plays an important role in the present business world. The companies make their strategies based on data; they introduce new products and plan based on them, and its a corporate asset. Initially, a company gets raw data that has no important information. Business analytics gather the actionable information from this unorganized data. As the importance of data is rising, so does the demand for professional business analytics. In India, various business colleges offer MBAs in business Analytics and Data Science. Here is the list of five B-Schools that offer Masters in Business Administration in this less known specialization;
- IIM Banglore
- IIM Ranchi
- IIM Calcutta
- Great Lake Institute of Management Chennai
- School of Business UPSE, Dehradun
2. MBA in Aviation Management
MBA is one of the fastest growing industries. Though pandemics affected this industry most now, it has started to function properly. MBA in the Aviation industry is a well structured program that helps the aspirants to know more about the work and the challenges the industry faces. After completion of an MBA in Aviation Management, you can be a part of this industry easily. As of now, a total of 247 airlines have registered with International Air Transport Association (IATA). So, if you want to work in this industry, you will get various opportunities. The objective of the course is to produce future managers that can manage the aviation industry effectively. After MBA in Aviation Management, you can apply for the vacancies such as Manager, Airport Operations Manager, Cargo Operations Manager and many others. Here are the five well known B-Schools that offer MBA in this not so popular specialization;
- Hindustan University, Chennai
- Remo International College of Aviation, Chennai
- Institute of Indian Aviation and Allied Management Studies, Bangalore
- International Institute for Aerospace Engineering and Management
- University of Petroleum and Energy Studies, Dehradun
3. MBA in Power Management
MBA in power management is an engineering management course that will get you a job in companies like NTPC, Power Finance Corporation and many other public and private domain companies. MBA in Power Management trains the new managers to handle live problems more effectively. The course enhances the ability and skills of a technically trained student to handle the managerial responsibilities at power plants. The admission in this offbeat MBA specialization is open for students from non-technical backgrounds as well. Here are the top colleges that offer MBA in Power Management;
- National Power Training Institute, Faridabad
- UPES, Uttrakhand
- University of Petroleum and Energy Studies, Dehradun
- Datta Meghe Institute of Management Studies, Nagpur
- P. & Berar E.S. College, Nagpur
4. MBA in Oil & Gas Management
MBA in oil and gas management is one of the most in-demand offbeat MBA specializations. Like other MBA degree courses, this one is also a 2 years course. The course offers a deep understanding of the oil and gas industry and prepares the students to work in it. Fuel is essential for all the countries, so the demand for professionals is always high in this industry. If you want to work in the Middle East and other western countries, the course can be the first step towards your working destination. Here are the top five colleges that offer MBA in Oil and Gas Management;
- University of Petroleum and Energy Studies (UPES)
- Rajeev Gandhi Institute of Petroleum Technology (RGIPT)
- Pandit Deendayal Petroleum University (PDPU)
- Management Development Institute, Gurugram
- Great Lakes Institute, Gurugram
5. MBA in Infrastructure Management
Infrastructure management is one of the offbeat MBA specializations, but its demand is high. In developing countries like India, where infrastructure development is a never ending process, professionals with a good understanding of this work are always required. MBA in infrastructure development educates the students about different functions of infrastructure and real estate, its effects on the social environment, accounting and various others. The MBA degree in this specialization educates the students to talk with stakeholders and discuss their worries and profit related issues. The 2 years course has everything that is important for students to work in this industry. Here are the top five institutes that offer MBA in Infrastructure Management;
- IIM Ahmadabad
- IIM Bengaluru
- IIM Kolkata
- IIM Lucknow
- Indian School of Business, Hyderabad
6. MBA in Logistics and Supply Chain Management
It’s a two year PG program that educates the students about strategies and planning involved in goods transportation. In all businesses the companies need some goods and send them to customers of middle –man, as per the companies’ business’ nature. A smooth transportation of goods saves money and time for a business. Demand for professionals with MBA degrees in chain supply management is high in all the sectors, including defense. The course is all about the administration of transportation information. After completing the course, the students can pick various profiles like logistic managers, commercial managers, logistics managers, purchase managers, operation directors, industry analysts, transportation managers and many others. Here are the names of the B-Schools that offer MBA in this specialization;
- School of Management, Dr. DY Patil University, Navi Mumbai
- Presidency University, Bangalore
- Amity Business School, Noida
- GITAM Institute of Management, Visakhapatnam
- Integral University, Lucknow
7. MBA in International Business
Now the world has become a global village, so the demand for professionals in International business has risen. It’s an offbeat MBA specialization, but most of the B-schools offer it. Considering the vacancies in this particular domain, the students also want to get admission in MBA IB, and slowly it’s getting popularity among them. In this specialization, the students learn about foreign policies, forex risk management, foreign investment export management and many others. Here are the names of a few Indian Management institutes that offer MBA in International Business to students.
- Indian Institute of Foreign Trade, Delhi
- ICFAI Business School, Hyderabad
- Institute Of Management Studies, Banaras Hindu University, Varanasi
- CMS Business School, Bengaluru
- University Business School, Punjab University, Chandigarh
The Bottom Line
Some of the less known MBA specializations offer good professional knowledge and a stable career. When you pick any MBA branch, think of these offbeat MBA specializations and then decide. Most students want to pick a safe specialization as jobs related to these specializations are easily available. However, MBA specialization gives a direction to your career, so don’t pick a safe way. If you want to grow faster in your career, choose any of the discussed offbeat MBA specializations. Plenty of high-paying jobs are waiting for the professionals like you in different sectors.
