Masters of Business Administration (MBA): Why pursue MBA and Career Options

• Marketing
• Finance
• HR
• Operations
• Data Analytics (Less Common)

• Higher Salary Prospects: It is commonly known that possessing an MBA gives you a better leverage to negotiate for higher salaries.
• Changing Career Path: If you find yourself wanting to change your career path, an MBA gives you a good opportunity to do this with the benefit of obtaining a new degree.
• Aiming for Entrepreneurship: If you are looking to become an entrepreneur or handle a family business, you will need some amount of managerial expertise so that you can manage the show yourself.

These are some of the more common reasons for people pursuing the MBA Degree.

• General Management: This is the Jack of all trades specialization wherein you will learn the basics of all the different specializations. It will be ideal if you are looking to head a vertical and need a wide range of knowledge.
• Sales & Marketing: The Sales & Marketing specialization is focused around maintaining the communication between the company and the customers while also molding the brand according to the company’s vision. The Sales aspect of the specialization is more in tune with the consumer behavior on ground while the Marketing aspect focuses on the other communications.
• Finance: The Finance specialization deals with all of the monetary aspects of the company. It ensures that the company has the correct investments, sales and spending to maximize the revenue.
• Human Resources: The Human Resources specialization deals with the people working within the organization. It works to ensure that the company maximizes the output from its employees so that the overall output of the company increases.
• Operations: The Operations specialization deals with the actual on the ground aspects of executing all the strategies that are designed to aid the company. It is especially important for FMCG companies as the Supply Chain will ensure that their product finds its place in as many stores as possible.
• Data Analytics: This is a relatively new specialization which deals with helping the company make better decisions by using the vast amount of data available to them. These data-driven insights can help the company maximize its output.

These are the more common specializations available in the MBA Program. There are several other specializations which might be available in the B-Schools which are targeted towards a particular sector or domain.

• CAT Exam – It is the biggest MBA Entrance Exam in India. The CAT Score is considered for some of the top B-Schools in India including the IIMs, which are some of the most prestigious colleges in India. Learn More
• XAT Exam – It is the entrance exam which grants admission into XLRI Jamshedpur which is one of the best B-Schools in India. Learn More
• NMAT Exam - This is also a widely attempted MBA Entrance Exams and mainly acts as the qualifier for the NMIMS College in Mumbai. Learn More
• SNAP Exam – Another widely attempted MBA Entrance Exam which acts the qualifying examination for the Symbiosis Colleges – the most prominent amongst which are SIBM Pune and SCMHRD. Learn More
• GMAT Exam – This is the MBA Entrance Exam which will be the qualifier for colleges outside India. It is the biggest MBA Entrance exam in the world. Learn More

This was some information that may help you make a decision regarding whether you wish to go for an MBA and which colleges & specialization, you wish to pursue.