Why Study an MBA abroad, when these 5 New-age Courses are available in India?
MBA in India or abroad? Is it worth pursuing an MBA in India? Which course would be best?
Many such questions will start popping up in your mind, once you make the decision to pursue an MBA. While there are many colleges abroad that offer various MBA courses in different specializations, pursuing an MBA from a foreign country is not that easy. Eligibility and visa requirements vary from country to country, and the cost is also high.
Contrarily, Management Courses in India are less costly, and you also don’t have to face any visa issues. Besides, lots of top Indian B-schools are now offering new-age MBA courses that can get you a better return on investment (ROI) after completion of your MBA. So if you want to opt for an MBA program matching the current industry demands, you can find that in your home country.
Educational Requirements for MBA courses in India?
Students possessing a bachelor’s degree in any field with minimum marks of 50% or 60% (depending on the institute) can apply for an MBA in India. Institutes in India offer admissions to MBA courses based on the student’s performance in the entrance test and/ or personal interview.
Scores of entrance tests like CAT, MAT, XAT, ATMA, CMAT, GMAT, SNAP, NMAT, BMAT, etc. are accepted by most of the colleges. Additionally, prior work experience of 1 – 2 years is also beneficial for MBA students. In fact, some colleges compulsorily demand work experience before giving admission to students.
5 New-Age MBA Courses available in India
Specialization courses in MBA such as Finance, Marketing, Business Administration, Statistics, Accounting, Human Resources, etc. have been around for a long time. However, as the industry is constantly changing, the demand for MBA postgraduates in various new fields is rising. These MBA specialization courses open great career opportunities for students. Here are some of the best new-age MBA courses available in the country.
MBA Business Analytics
MBA business analytics includes studies based on statistics, artificial intelligence, optimization, decision analysis, marketing, etc. The course offers the skills and knowledge required to understand and solve business queries faster and effectively. It combines two fields of practice, namely, Business Intelligence and Advanced Analytics.
After completion of an MBA in Business Analytics, a student can apply for a job like a data analyst, data scientist, a data mining expert, and technical team leader. Students can even choose to study further and apply for M. Phil or Ph.D. courses also.
Course Name |
MBA Business Analytics |
Course Duration |
2 Years |
Total Course Fees |
INR 5 – 15 Lakhs per annum |
Average Salary |
INR 8 – 16 Lakhs per annum |
Top Recruiters |
Google, Amazon, Microsoft, HCL, Godrej, HP, Motorola, Oberoi |
MBA in Sustainable Development Management
MBA Sustainable Development Management aims to provide skills to solve challenges involved in sustainable development and balance business profit while protecting the natural environment.
The course involves both theoretical and practical subjects such as human resources management, social responsibility, cross-cultural understanding and management, international business law, environmental management systems, and many more.
Graduates are encouraged to use green business practices that acquire principles of sustainability. Successful postgraduates can go for higher studies or apply for government or private jobs as relationship managers, lecturers, business development executives, investment banking, and product and brand manager.
Course Name |
MBA in Sustainable Development Management |
Course Duration |
2 Years |
Total Course Fees |
INR 2 – 17 Lakhs per annum |
Average Salary |
INR 3 – 12 Lakhs per annum |
Top Recruiting Sectors |
Marketing, Rural and Urban development projects, investments, and financial fields |
MBA in Fashion Management
MBA Fashion Management involves studies related to fashion and interior designing. The course is ideal for students with a knack for creativity and art, or those who are interested in fashion. It involves concepts related to fashion designing, buying, advertising, production, communication, merchandising, consumer psychology, etc.
After completion of studies, candidates can get job opportunities as a costume designer, technical designer, fashion photographer, fashion coordinator, fashion consultant, fashion show organizer, graphic designer, fabric buyer, and sales representative.
Course Name |
MBA in Fashion Management |
Course Duration |
2 Years |
Average Course Fees |
INR 5,000 – 5 Lakhs per annum |
Average Salary |
INR 3 – 12 Lakhs per annum |
Top Recruiters |
Vijayata Furnishers, Zed interiors, Godrej Interio, HS Ahuja & Associates, Aesthetics, Maven Designs, Space Art, Verve Interior, Acme Interiors |
MBA in Digital Marketing
MBA Digital Marketing is becoming a high demand course as digital channels are increasing. The course provides studies aiming to bring more customers to businesses and retain the existing ones. Students are taught the skills and tricks required to promote a business’s service or products through digital media. Basically, it involves studies about digital platforms and marketing.
Plenty of job opportunities are available for MBA digital marketers. Some of these include public relations manager, advertising manager, brand manager, sales manager, and market research analyst.
Course Name |
MBA in Digital Marketing |
Course Duration |
2 Years |
Average Course Fees |
INR 2 – 10 Lakhs per annum |
Average Salary |
INR 4 – 25 Lakhs per annum |
Top Recruiters |
Google, Facebook, iProspect India |
Post Graduate Programme (Liberal Studies and Management)
Post Graduate Programme Liberal Studies Management is a full-time MBA flagship program offered by IIM Kozhikode. The program is designed to combine and equip participants to pursue careers in managerial roles in fields like human resources, hospitality, media, marketing, social enterprise, or health care.
It covers lessons from core management principles, liberal studies, and other advanced courses. PGP-LSM aims to prepare future managers by making them acquire emotional, creative, and cultural intelligence.
Students of PGP get placement opportunities in sectors like analytics, IT, general management, operations, sales and management, consulting, and finance.
Course Name |
PGP Liberal Studies and Management |
Course Duration |
2 Years |
Average Course Fees |
INR 7,50,000 Lakhs per annum |
Average Salary |
INR 23.08 Lakhs per annum |
Top Recruiters |
Google, Amazon, Microsoft, Bain & Company, Citi, Deloitte, Reliance Industries, Goldman Sachs |
All the courses mentioned above are less expensive and offer a great return on investment. Also leading global companies also offer jobs after successful completion of these MBA courses, so you can get a decent job as well. Moreover, after gaining experience in your field you can even start your own venture.
Just remember, to choose the course depending on your interest and you’ll always be able to build your successful career.