Which type of MBA is best?

The labor market is more competitive than ever. If you’re interested in a career in business, you’re certainly not alone. According to the Bureau of Labor Statistics, employment in the business sector is expected to increase by 5% between 2019 and 2029. At the same time, more and more students are completing their bachelor’s degree in business administration. The best way to stand out from the crowd of business graduates is to study for an MBA.

An MBA or Masters in Business Administration prepares you for a career in management. You will develop invaluable skills such as strategic thinking and people management. But as valuable as an MBA is, you can further enhance your professional career by earning an MBA specializing in a specific business area. Here are seven MBA specializations to consider.

Post Graduate Diploma vs MBA

Post Graduate Diploma is a course offered by colleges that are not affiliated to recognized universities. In contrast, an MBA is only affiliated with recognized universities or colleges. The MBA course is more theoretical, while the PGDM focuses on the technical aspects and provides insight into real business situations, new changes and trends in business management.

The main subjects in both courses ie. MBA and PGDM are quite similar. However, an MBA program focuses more on technical and theoretical aspects. On the other hand, PGDM courses focus more on experiential learning in the industry. The MBA program develops the skills required in today’s market and the PGDM course is more useful for students to develop practical marketing skills from an industry perspective. The MBA program is quite rigid and has no concern as per industry requirements, while PGDM is responsive to the changing needs of the industry which leads to more flexibility in the program. Hence, they are aligned with trends in the corporate world and candidates are much more apt to prepare for the industry.

Top MBA Degrees According to Industry Trends

Labor specialization has led to increased demand for MBA degrees. In addition, employers value candidates with industry expertise and skills.

However, the demand for advanced MBA concentrations varies based on industry trends. When choosing a specialization, consider salary expectations and industry growth.

The 2022 GMAC Report found that 92% of recruiters surveyed said their company plans to hire new MBA graduates in 2022. Healthcare recruiters had the most confidence in the growth of the employment industries: 97% of respondents believed the company would hire MBA graduates in 2022. Other industries where recruiters have high confidence in MBA-related hiring growth include human resources and manufacturing, 95% said and 94% of recruiters are.


What it is: The aim of an MBA in General Management is to enable graduates to manage the general operations of a business. Students deal with topics such as leadership, management communication, and organizational behavior. This is one of the most general options for an MBA specialization. Earning Potential: $80,000 – $170,000 Career Prospects: As this is the most open of all the MBA specializations, your career prospects are also very open. It depends on the area you will enter after graduation. Possible careers: General management of small and large companies, international management and also work in the financial sector. With an MBA in management, the options are wide open.

What are the admission criteria for MBA courses in India?

  • The basic entry requirement for any type of MBA is a three-year degree in any discipline with at least 50% total credit. Institutes like IIMs and IITs require a total of 60%. For students in certain category like OBC, SC and ST, a relaxation of 5% in the required percentage is allowed.
  • To complete an Executive MBA, the university or institute requires 3 to 5 years of professional experience as an entry criterion in addition to a university degree.
  • Final year students are also eligible for MBA accreditation.
  • Based on the MBA programs designed by B-Schools or according to the requirements of the university or institute, the candidate must pass one of the MBA entrance exams from the following list
  1. CAT, MAT, CMAT, AMAT are tests conducted at the national level.
  2. MAH-CET, OJEE, KMAT, TANCET or APICET are state administered tests.
  3. IIFT, XAT, NMAT, SNAP, IBSAT are series of tests used by big B-schools for their MBA programs.

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