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MBA Specializations: List of MBA Specializations in India, How to Choose, Best Colleges

Last Updated on July 4, 2024 by Prof. SK Agarwal

To cater to industry demand for specialized talent, MBA specializations in various domains and functions like Finance, Marketing, Business Analytics, Human Resource Management, International Business, Banking & Finance, Insurance, Healthcare, Operations are offered by MBA and PGDM Colleges and you need to choose which MBA specialization is best for your career goal. In order to create value for its customers, produce and to sell their product or service, organisations need to undertake following key functions:

  • Design, Research and Development
  • Production, Logistics and Supply Chain Management
  • Sales and Marketing Management
  • Human Resources Management
  • Financial Management
  • IT & MIS Management

Each of these functions need to work together for achieving organization’s goals and objectives. To put it simply, MBA education is a study of each of these functions so that MBAs can be effective managers after leaving the campus. As MBA Program teaches all these functions through its compulsory core course in first year of MBA because all MBAs should have the basic understanding of how business works. Having acquired this basic understanding of key functions, MBAs select one or two areas of specialization based on their interest and job market. At this stage, you are given the option to choose which MBA specialization is best for you. If you have chosen for MBA Specialization in Marketing, you will study specialized subjects in this area to deepen your understanding to help you get a job in Marketing area and similarly this will apply to other MBA courses. While making a choice which MBA specialization is best, you should decide judiciously.   

This article written by MBAUniverse.com experts will give you latest information on following:

  • Types of Top MBA Specialization in India
  • List of Top MBA Specializations
  • Top MBA Colleges offering MBA Specializations
  • Jobs and Career for each MBA Specialization
  • How to decide which MBA Specialization is Best for You

To cater to industry demand for specialized talent, MBA specializations in various domains and functions like Finance, Marketing, Business Analytics, Human Resource Management, International Business, Banking & Finance, Insurance, Healthcare, Operations are

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Bangalore, Karnataka

MBAUniverse.com Grade AAA+

Rank 2025 #1 | NIRF 2024 #2 | Business Today 2023 #3
Master of Business Administration (MBA)
fees iconFees: Rs. 26.20 Lakhs
icon Avg Salary: Rs. 35.92 Lakhs
Exams: CAT
seat icon Seats: 535
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Ahmedabad, Gujarat

MBAUniverse.com Grade AAA+

Rank 2025 #2 | NIRF 2024 #1 | Business Today 2023 #2
Master of Business Administration (MBA)
fees iconFees: Rs. 19.35 Lakhs
icon Avg Salary: Rs. 32.79 Lakhs
Exams: CAT
seat icon Seats: 400
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Kolkata, West Bengal

MBAUniverse.com Grade AAA+

Rank 2025 #3 | NIRF 2024 #5 | Business Today 2024 #1
Master of Business Administration (MBA)
fees iconFees: Rs. 27.00 Lakhs
icon Avg Salary: Rs. 35.07 Lakhs
Exams: CAT
seat icon Seats: 480
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Mumbai, Maharashtra

MBAUniverse.com Grade AAA+

Rank 2025 #4 | NIRF 2024 #20 | Business Today 2024 #3
Post Graduate Diploma in Management (PGDM)
fees iconFees: Rs. 22.50 Lakhs
icon Avg Salary: Rs. 33.00 Lakhs
Exams: CAT
seat icon Seats: 276
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Kozhikode, Kerala

MBAUniverse.com Grade AAA+

Rank 2025 #5 | NIRF 2024 #3 | Business Today 2024 #4
Post Graduate Program In Management (PGPM)
fees iconFees: Rs. 20.50 Lakhs
icon Avg Salary: Rs. 31.02 Lakhs
Exams: CAT
seat icon Seats: 480
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Lucknow, Uttar Pradesh

MBAUniverse.com Grade AAA+

Rank 2025 #6 | NIRF 2024 #7 | Business Today 2024 #2
Post Graduate Program In Management (PGPM)
fees iconFees: Rs. 13.60 Lakhs
icon Avg Salary: Rs. 30.00 Lakhs
Exams: CAT
seat icon Seats: 405
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Jamshedpur, Jharkhand

MBAUniverse.com Grade AAA+

Rank 2023 #6 | NIRF 2024 #9 | Business Today 2022 #6
PGDM Business Management (PGDM-BM)
fees iconFees: Rs. 27.40 Lakhs
icon Avg Salary: Rs. 29.89 Lakhs
Exams: XAT
seat icon Seats: 240
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Hyderabad, Telangana

MBAUniverse.com Grade AAA+

Post Graduate Program In Management (PGPM)
fees iconFees: Rs. 24.72 Lakhs
icon Avg Salary: Rs. 33.26 Lakhs
Exams: GMAT
seat icon Seats: 820
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Delhi, Delhi

MBAUniverse.com Grade AAA

Rank 2025 #7 | Business Today 2023 #8
Master of Business Administration (MBA)
fees iconFees: Rs. 2.32 Lakhs
icon Avg Salary: Rs. 34.10 Lakhs
Exams: CAT
seat icon Seats: 290
CollegeLogo

Mumbai, Maharashtra

MBAUniverse.com Grade AAA

Rank 2025 #8 | NIRF 2024 #6 | Business Today 2023 #
Master of Business Administration (MBA)
fees iconFees: Rs. 14.00 Lakhs
icon Avg Salary: Rs. 31.00 Lakhs
Exams: CAT
seat icon Seats: 300
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Indore, Madhya Pradesh

MBAUniverse.com Grade AAA

Rank 2025 #9 | NIRF 2024 #8 | Business Today 2024 #5
Post Graduate Program In Management (PGPM)
fees iconFees: Rs. 21.17 Lakhs
icon Avg Salary: Rs. 25.68 Lakhs
Exams: CAT
seat icon Seats: 480
CollegeLogo

Delhi, Delhi

MBAUniverse.com Grade AAA

Rank 2025 #10 | NIRF 2024 #15 | Business Today 2024 #7
MBA International Business (MBA-IB)
fees iconFees: Rs. 21.77 Lakhs
icon Avg Salary: Rs. 29.10 Lakhs
Exams: CAT
seat icon Seats: 370
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Gurugram, Haryana

MBAUniverse.com Grade AAA

Rank 2025 #11 | NIRF 2024 #11 | Business Today 2024 #6
Post Graduate Diploma in Management (PGDM)
fees iconFees: Rs. 18.67 Lakhs
icon Avg Salary: Rs. 27.67 Lakhs
Exams: CAT
seat icon Seats: 240
CollegeLogo

Shillong, Meghalaya

MBAUniverse.com Grade AAA

Rank 2025 #12 | NIRF 2024 #24 | Business Today 2024 #9
Post Graduate Program In Management (PGPM)
fees iconFees: Rs. 22.71 Lakhs
icon Avg Salary: Rs. 26.10 Lakhs
Exams: CAT
seat icon Seats: 383
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Mumbai, Maharashtra

MBAUniverse.com Grade AAA

Rank 2025 #13 | NIRF 2024 #21 | Business Today 2024 #8
Master of Business Administration (MBA)
fees iconFees: Rs. 25.00 Lakhs
icon Avg Salary: Rs. 26.63 Lakhs
Exams: NMAT
seat icon Seats: 600
CollegeLogo

Udaipur, Rajasthan

MBAUniverse.com Grade AAA

Rank 2025 #16 | NIRF 2024 #22 | Business Today 2024 #15
Master of Business Administration (MBA)
fees iconFees: Rs. 18.21 Lakhs
icon Avg Salary: Rs. 20.02 Lakhs
Exams: CAT
seat icon Seats: 368
CollegeLogo

Delhi, Delhi

MBAUniverse.com Grade AAA

Rank 2025 #17 | NIRF 2024 #40 | Business Today 2024 #10
Post Graduate Diploma in Management (PGDM)
fees iconFees: Rs. 22.00 Lakhs
icon Avg Salary: Rs. 16.71 Lakhs
Exams: CAT
seat icon Seats: 300
CollegeLogo

Ghaziabad, Uttar Pradesh

MBAUniverse.com Grade AAA

Rank 2025 #18 | NIRF 2024 #35 | Business Today 2024 #11
Post Graduate Diploma in Management (PGDM)
fees iconFees: Rs. 21.30 Lakhs
icon Avg Salary: Rs. 17.35 Lakhs
Exams: CAT
seat icon Seats: 180
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Bhubaneswar, Odisha

MBAUniverse.com Grade AAA

Rank 2025 #19 | NIRF 2024 #43 | Business Today 2024 #19
MBA Human Resource Management (MBA-HRM)
fees iconFees: Rs. 21.00 Lakhs
icon Avg Salary: Rs. 16.64 Lakhs
Exams: CAT
seat icon Seats: 120
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Manipal, Karnataka

MBAUniverse.com Grade AAA

Rank 2025 #20 | NIRF 2024 #58 | Business Today 2024 #21
Master of Business Administration (MBA)
fees iconFees: Rs. 17.34 Lakhs
icon Avg Salary: Rs. 13.84 Lakhs
Exams: CAT
seat icon Seats: 420
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