Which Specialisation is Best in an Online MBA?

Which Specialisation is Best in an Online MBA?

Are you considering which specialisation would best suit your career goals in an online MBA? An online Master of Business Administration (MBA) degree offers a flexible learning structure, empowering you to gain the necessary knowledge and skills for management or executive roles, all while maintaining your current work commitments.

If you’re thinking about getting a master’s degree, you may be interested in learning which is the best online MBA specialisations that are most demanding in India and pay high-scale salaries. 

In this blog, we will help you understand online MBA specialisation and other fundamental concepts, equipping you with the best specialisation needed to thrive in a successful career in the future.

What is Online MBA Specialisation?

An online MBA specialisation is a program within an online MBA course that allows professionals and graduates to gain expertise in a specific field of business domain such as Finance, Marketing, HR, Operations, Entrepreneurship etc. It offers flexible learning, industry-based skills, networking opportunities and career advancement options without hindering your work commitments. 

Online MBA specialisation is best suited for working professionals looking to enhance their credentials and stay ahead in the job market. Many accredited universities in India offer the best online MBA specialisation that can significantly boost your career potential.

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    Which is the Top MBA Specialisation Online With a High Salary?

    Let’s understand the best online MBA specialisation that is most demanded in the job market.

    1. Finance

    Online MBA in Finance is one of the best online MBA specialisation with advanced employment options, both within and outside of the financial sector. With this degree, you will learn about advanced concepts and techniques taught in basic finance.

    Risk management, investment analysis, and corporate finance courses are often offered. Finance professionals may find employment with various enterprises, including consulting firms, corporations, hedge funds, investment banks, and private equity firms.

    Subjects You Will Study

    1. Financial Management
    2. Investment Analysis
    3. Corporate Finance
    4. Financial Markets and Institutions
    • Job Profile and Average Salary
    •  
    Job ProfileAverage Salary
    Financial Analyst7,00,000
    Investment Banker20,00,000
    Financial Manager12,00,000

    2. Marketing

    There is a great need for marketing specialists in the market, so a graduate with an online MBA degree is required immensely by companies who can represent them in public positions. This graduate course will also teach you about public relations, advertising, and marketing techniques.

    You may learn soft skills like creativity, connection-building, and communication while taking this course, which makes the program one of the best online MBA specialisation. For those seeking a well-rounded degree, marketing is a great speciality since many of its abilities may be applied to other business sectors. So, choosing an online MBA in Marketing can help you in the long term and open doors to lucrative career potential.

    Here is what you need to know about the subjects and their job profiles.

    Subjects You Will Study

    1. Marketing Management
    2. Market Research
    3. Consumer Behavior
    4. Advertising and Promotion
    • Job Profiles and Average Salary

    Job Profile

    Average Salary

    Brand Manager

    12,00,000

    Marketing Manager

    11,00,000

    Marketing Director

    25,00,000

    3. Human Resource

    Online MBA in human resources (HR) offers education and training in corporate communication, business ethics, and employee interactions. Human resource professionals are essential to the success of any organisation.

    The task of an HR manager is to manage policy compliance, coordinate administrative tasks, and match hiring tactics to the goals of the business. This degree will teach you about fundamental concepts such as organisational structure, human resource economics, and talent management. 

    Let’s know what you need to know about the subjects and their job profiles.

    Subjects You Will Study

    1. Human Resource Management
    2. Organizational Behaviour
    3. Talent Management
    4. Employee Relations 
    • Job Profiles and Average Salary

    Job Profile

    Average Salary

    HR Analyst

    7,00,000

    HR Manager

    8,00,000

    Training Manager

    9,00,000

    4. Business Analytics

    Globally, the highest-paying and top MBA specialisation online is business analytics. The process of addressing business issues using data analysis, statistical models, and other quantitative metrics is known as business analytics.

    Choosing an online MBA in business analytics prepares you for a wide range of job skills and equips you with the advanced knowledge you need to thrive in the competitive world. Let’s understand the subject you’ll learn while pursuing this course and know about the job profiles.

    Subjects you will study :

    1. Business Intelligence
    2. Data Analytics
    3. Computer Programming
    4. Quantitative Methods
    5. Financial Management
    6. Managerial Economics
    7. Operations Management
    • Job Profiles and Average Salary

    Job Profile

    Average Salary

    Business Analyst 

    8,00,000

    Business Intelligence Analyst

    9,00,000

    Data Analyst

    7,00,000

    5. Information Technology

    An online MBA is one of the best online MBA specialisations in the evolving market. Due to the effects of globalisation and digitalisation, this area of research is expanding quickly. An online MBA in Information Technology develops a range of service sectors by fusing information systems and business disciplines.

    The three most significant IT sub-sectors are telecommunications, project management, and information security. An online MBA program covers the foundations and principles of information technology integration into business. Now, let’s understand the course subjects and their job profiles.

    Subjects You Will Study

    1. IT Management
    2. Information Systems
    3. Cybersecurity
    4. Database Management
    • Job Profiles and Average Salary

    Job Profile

    Average Salary

    IT Manager

    11,00,000

    System Analyst

    9,00,000

    Cyber Security Analyst

    8,00,000

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      6. Digital Marketing

      An Online MBA in Digital Marketing is a type of specialised program that aims to provide participants with a potent combination of perfect knowledge and skills specific to digital marketing.

      In this program, you will learn core business management principles and gain in-depth training on how to specialise in digital marketing, like social media marketing, SEO, content marketing, email marketing, and analytics. Digital Marketing is one of the growing and best online MBA specialisations that help the student advance their career routes.  Now, let’s understand subjects and their job profiles. 

      Subjects You Will Study

      1. Social Media Marketing
      2. Search Engine Optimization
      3. Content Marketing
      4. Digital Advertising
      • Job Profiles and Average Salary

      Job Profile

      Average Salary

      Digital Marketing Manager

      8,00,000

      SEO Specialist

      9,00,000

      Social Media Strategist

      7,00,000

      7. Healthcare Management

      Students who pursue an online MBA in Healthcare Management get the abilities needed to succeed as leaders in a variety of healthcare settings. It is a top MBA specialisation online that equips graduates with expertise in organisational management and strategic decision-making, preparing them to lead and drive innovation in the healthcare sector.

      So, now let’s understand the key subjects and their job profiles.

      Subjects You Will Study

      1. Healthcare Operations
      2. Healthcare Economics
      3. Healthcare Policy
      4. Healthcare Quality Management
      • Job Profiles and Average Salary

      Job Profile

      Average Salary

      Healthcare Administrator

      15,00,000

      Healthcare Consultant

      10,00,000

      Hospital Manager

      12,00,000

      8. Operations

      An online MBA in Operations is the top MBA specialisation online that provides you with the necessary training and tools to handle shop floor management or production management. To guarantee seamless and effective company operations, you’ll learn how to build and manage process flows, develop connections with vendors and other departments, perform auxiliary management, etc.

      If you choose to specialise in business operations for your online MBA, you may lead to a successful career path with a high-income salary base. 

      “Career options in material and supply chain management, quality control, logistics, inventory control, and production planning and improvement are top roles to possess in an online MBA in operations. Let’s now understand the key subjects and their job roles. 

      Subjects You Will Study

      1. Supply Chain Management
      2. Operations Strategy
      3. Inventory Management
      4. Quality Control
      • Job Profiles and Average Salary

      Job Profile

      Average Salary

      Operations Manager

      10,00,000

      Supply Chain Analyst

      9,00,000

      Logistic Manager

      8,00,000


      Please Note:
      The salaries mentioned here are subject to change and can vary according to educational background, work experience and location.

      Exploring Best Universities to Pursue an Online MBA

      Here are the top universities offering the best online MBA specialisation that aligns with your career goals.

      Top Online MBA Universities

      Fees in INR

      Amity University

      1,99,000

      Manipal University

      1,75,000

      Lovely Professional University

      1,80,000

      Symbiosis University

      3,00,000

      Jain University

      1,96,000

      DY Patil University

      1,89,400

      NMIMS University

      1,96,000

      IGNOU

      58,000

      Shiv Nadar University

      5,00,000

      Shoolini University

      1,18,000


      Please Note:
      The fees mentioned above are subject to change over time.

      Top Companies to Work After Online MBA

      Accomplishing online MBA degrees leads students to work in the most renowned companies offering high-level jobs with competitive pay rates and a good working atmosphere. 

      Here are the leading companies where MBA graduates aspire to work in the future:

      1. McKinsey & Company
      2. The Boston Consulting Group (BCG)
      3. Bain & Company
      4. Google
      5. Apple Inc.
      6. Amazon
      7. Flipkart
      8. Cognizant
      9. Wipro
      10. HCL

      Summary

      Online MBA offerings are oriented toward manufacturing, technology, finance, or marketing. Thus, choosing the best online MBA specialisation is crucial for your career growth and contentment. First, determine whether your interests align with your strengths so that you can make an informed decision.

      Deciding which of the top MBA specialisation online is best for you takes time and research; for more information, you can visit Hike Education’s official website. It is a one-stop solution for all your queries and information related to online MBA.

      Suppose you choose a niche field like Marketing or business analytics and put in the right amount of hard work. In that case, you can land into a gratifying and sustainable career role in the business administration sector.

      Frequently Asked Questions

      Q1. Which is the best online MBA specialisation?

      The best online MBA specialisations include Business Analytics, Human Resources (HR), Information Technology (IT), Finance,  Healthcare Management, Operations, Digital Marketing, and Entrepreneurship.

      Q2. What is the online MBA duration in India?

      The duration of an online MBA is 2 years and is fully remote mode.

      Q3. Which online MBA specialisation offers the highest salary?

      The online MBA specialisation that offers the highest salary are:

      Online MBA in Finance

      Online MBA in Marketing

      Online MBA in Human Resource

      Online MBA in Digital Marketing

      Online MBA in Operations

      Q4. What are the advantages of pursuing an Online MBA?

      Earning an Online MBA offers advanced career options that can help learners grow significantly in the highly demanded job market. It also allows learners to grasp new skills and gain business knowledge to increase their overall business capabilities.

      Q5. What is the salary of a finance analyst in India?

      The salary of a financial analyst in India is INR 7,00,000, respectively.

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