Most in-demand MBA specializations in 2023

Online MBA programs have become very popular today, considering their flexibility and affordability. Online MBA programs come with varied specializations, some of which aren’t available on-campus. This helps aspiring candidates choose an in-demand specialization of their interest that will help them land high-paying jobs. 

Traditionally, finance, marketing, and human resources are among the most sought-after MBA specializations. However, in today’s evolving business environment, there are a wide range of MBA specializations to choose from. Here’s a look at the top MBA specializations you can pursue for a rewarding career in the world of business. 

MBA in Business Analytics

An MBA in Business Analytics helps you develop skills and strategies to deliver data-driven business solutions. You will learn how to process vast amounts of data to generate desired outcomes. This MBA program prepares you to devise real-world solutions to business problems. During the program, you will learn R, Python, digital and web analytics, marketing analytics, HR analytics, financial analytics, Big Data analytics and more. You can explore varied job roles in business analytics like business analyst, data analyst, predictive modeler and more. 

MBA in Data Science

Globally, there is a massive demand for skilled data scientists. Data science jobs are among the top paying jobs in the job market. An MBA in Data Science helps professionals build their managerial and analytical skills. You will learn cutting-edge data driven technologies in data science. The subjects covered in an MBA in Data Science include database management, programming with R and Python, machine learning methods, statistical inference, applied data analytics and more. After pursuing the degree, you can explore high-paying job roles in data science like data scientist, machine learning engineer, market research analyst, database developer among others. 

Read more: High paying jobs after MBA in data science

MBA in Human Resource Management (HRM)

This specialization focuses on building strong organizational skills to enhance the quality of business. An MBA in HRM imparts the knowledge of latest trends and practices in HR, helps upskill in HR analytics and performance management, improves interpersonal skills and provides a broader overview of the field of HR. Subjects like HR analytics, international HRM, training and development, talent management and employee retention will help you explore lucrative jobs in the field of HR. 

MBA in Operations Management

Operations Management is a critical domain that specializes in the operations aspect of a business. An MBA in Operations Management teaches how to streamline organizational processes, from workflow, product development, operations and delivery of the final product. This specialization gives a broader overview of the latest practices in the operations space, helps acquire in-demand skills to explore rewarding careers. You will get to learn enterprise resource planning, logistics & supply chain management, total quality management and more. MBA Operations Management graduates can explore job roles in operations management like operations manager, plant manager, general operations manager, area operations manager and more.

MBA in International Business

An MBA in International Business helps you explore management roles in top multinational corporations worldwide. If you aspire for a managerial career in international financial management, international marketing, business development, or global logistics, export & import, then this is the right specialization for you. The specialization opens doors to top job roles like international marketing manager, business development manager, international logistics specialist, export-import manager among others. 

MBA in Healthcare Management

Healthcare Management is among the most emerging and trending specializations to pursue today. An MBA in Healthcare Management helps to upskill professionals with latest developments in the healthcare sector. It allows students to explore managerial and leadership roles in the management side of the healthcare sector. With this specialization, you will learn hospital management, hospital planning and infrastructure, health education and communication, healthcare operations management, health informatics and more. If you are a doctor or a healthcare professional, an MBA can help you start your own clinic or hospital. 

Read more: Top career options after MBA in healthcare management

MBA in Marketing

Marketing is a specialization that is always in demand, considering its impact on businesses. Marketing analytics, marketing communication, digital marketing, sales & distribution, and consumer behavior help you become a future ready professional. In today’s digitally driven world, social media marketing is a trending career path. After an MBA in Marketing, you can explore lucrative and diverse job roles like digital marketing specialist, marketing manager, market research analyst, social media manager and more. 

Read more: How to get a job in the marketing sector?

MBA in Finance

This MBA specialization deals with enabling professionals to meet the financial goals of an organization. An MBA in Finance provides in-depth understanding of financial analysis, planning, taxation, internal audit, treasury management, merchant banking, insurance and risk management. The specialization opens doors to lucrative job roles like financial analyst, financial advisor, corporate finance specialist, public accountant, investment banker among other high paying jobs.

MBA in Project Management

An MBA in Project Management gives you a thorough understanding of how to plan, lead, and accomplish a company’s most important objectives. This specialization will help you explore high-paying job opportunities across industries, including construction and information technology. In an MBA in Project Management, you will learn project planning and scheduling, project finance and budgeting, managing human resources in projects, quantitative methods in project management and project risk management. They can explore rewarding job roles like project manager, project analyst, director of operations, project risk manager and more. 

MBA in Supply Chain Management

This specialization provides a deeper understanding of the supply chain and its functions. It involves managing the flow of goods and services and ensuring the end product reaches the customer hassle free. Through an MBA in Supply Chain Management, you will learn supply chain cost management, inventory management, outsourcing, global logistics and contracting for projects. The top job roles in this industry include purchasing manager, logistics manager, warehouse manager, inventory manager and more. 

Pursue an online MBA through Online Manipal

With Online Manipal, you can explore online MBA programs with in-demand specializations from top universities including Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE) and T.A. Pai Management Institute (TAPMI). Through an enhanced digital learning platform, learners can pursue a hassle-free online degree anywhere, anytime. Learners can also avail easy financing and scholarship options offered by Online Manipal. Online Manipal’s placement cell aims to upskill the employability quotient of learners and helps them land a job of their interest.