MBA (Master of Business Administration) a two-year program, which aims at making a student gain expertise in various aspects of business administration and an expert for one.
In the first year of MBA, the main focus is on giving students a brief idea about various subjects of management.
In the latter part of the first year, they are also introduced to the specialized areas from which they shall choose the area they want to specialize in.
Initially, a student who wants to do an MBA but will be Confused because there have many Types of MBA programs are running in India.
Being a student of MBA, you will have multiple options to choose from as your subject of specialization that you can study at the top MBA colleges in India.
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Candidates interested in pursuing an MBA in any preferred specialization can also take another.
Here we are providing Types of MBA Programs.
9 Types of MBA Programs
- MBA in Finance
- MBA in Human Resource Management
- MBA in Information Technology (IT)
- MBA in Logistics Management
- MBA in Marketing Management
- MBA in Business Management
- MBA in Rural Management
- MBA in Health Care Management
- MBA in Event Management
1. MBA in Finance
An MBA in finance is among the most popular specializations as growth prospects in this field are immense.
Financial management is focused on planning and controlling the financial resources of any industry.
An MBA specializing in financial management will focus on management accounting and control, the Indian capital and money market, banking, privatization, and international finance.
There are a certain set of skills that one must possess to excel in the field of MBA in Finance.
The skills that students going for an MBA specialization in Finance are:
- Supervisory skills
- Mathematics skills
- Leadership skills
- Communication skills
- Strategic thinking
2. MBA in Human Resource management
MBA in HR Management will equip you with all these key skills, concepts, and the knowledge to manage human resources in a way that leads to the success of a company.
The courses teach you all about recruiting, training, team building, performance updates, employee policy, salary, benefits and increments, employee health and safety as well as staff amenities.
If you’ve got good communication skills and can handle tough situations well, you can go a long way in this field.
Students pursuing Human Resource Management as an MBA specialization will be studying the following courses as a part of their curriculum.
Students should check the MBA in HR syllabus to get a better understanding of the program.
Students aspiring to pursue an MBA in HR Management and plan to build a career in this MBA specialization should have the following skills.
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3. MBA in Information Technology
Management is the management of all information technology resources of a company.
These resources can comprise of computer hardware, software, networks, data and data center facilities, and also the staff involved.
An MBA in Information Technology Management is designed to educate and develop managers who can effectively manage the planning, design, selection, implementation, use, and administration of emerging and converging information and communications technologies.
4. MBA in Logistics Management
Logistics Management is a part of supply chain management that deals with the planning, implementing, controlling of flow and storage of goods and services, between the point of origin and point of consumption.
Companies now need a new kind of supply chain/logistics/operations manager and this need has led to the creation of an MBA in Supply Chain Management or Logistics & Operations.
5. MBA in Marketing Management
Marketing management in India revolves around matching the needs of consumers to the marketing resources of a company.
The course is about transforming consumer demands into services or products, which the company can profitably offer, deliver, and promote in the marketplace.
6. MBA in Business Management
In the current scenario of globalization, there is a need for experts in the field of business management due to the upcoming of various MNC’s and business groups to give competition to the Indian market competition.
The course essentially teaches you detailed aspects of finance, sales, marketing, human resources, personnel management, operations, international business, retail management, and more.
7. MBA in Rural Management
With the changing socio-economic scenario and government policies on rural development, it has been seen that an increasing number of students are opting to work in this field.
Rural management involves the application of management principles to the rural sector.
This entails planning, organizing, and controlling cooperatives and related organizations in the field of agriculture.
The aspirants of this field are encouraged to visit rural areas, interact and stay with villagers as a part of their fieldwork, while an organizational internship gives them a hands-on experience of working in a rural setup.
8. MBA in Health Care and Hospital Management
With the concept of healthcare going beyond hospitals, the healthcare industry in India has witnessed remarkable growth in the past few years.
MBA in Healthcare and Hospital Management may appeal to those interested in the pharmaceuticals sector, government agencies, insurance organizations, hospitals, and consulting firms in the health sector.
As a specialist in health care management, you may be required to respond to various critical management problems faced by hospitals and other agencies in the health sector.
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9. MBA in Event Management
The study of Event Management means gaining a set of skills to be used to set up events such as seminars, symposiums, conferences, fairs, exhibitions, festivals, functions, and so on.
It might interest you to know that major events like IPL, literature festivals, Olympics, or Common Wealth Games completely rely on event management companies.
Event management involves identifying and understanding the target audience, developing the theme of the event, communicating and promoting the concept, coordinating technical parameters, projecting the cost, successfully conducting the event, and more.
Why IIS University is Best For MBA Programs?
Every student of IIS UNIVERSITY is practically prepared for facing the competitive world, every step that an IIS UNIVERSITY student takes in the challenging corporate world.
Jaipur is at the forefront of globalization, and IIS UNIVERSITY is perfectly poised to cater to the confluence of the east and the west.
Here, the onus rests with each individual to carve out her/his own identity. IIS UNIVERSITY instills a culture that encourages leadership potential.
All students are polished to perfection when it comes to being trained as leaders and perfectionists in their field of work.
IIS UNIVERSITY envisions a management education with a “quantitative difference” by focusing on data analytics across all specializations.
Decision-making and analytical skills are developed in the students through the use of a case-based method of teaching and simulations.
“The IIS University Team is a group of expert teachers and staff who are passionate about helping students learn and grow. They come from different fields but all aim to help guide the university’s students. They write these blogs to share their thoughts and ideas about learning and the importance of education. Their goal is to help students prepare for the future in a simple and understandable way.”