Kamaldeep
27 February, 2024
Table of Contents
The adventure never stops, right? If you are someone who wants to explore more, enhance your skills, increase your salary package and learn all that is around the market then this is your place to be! Welcome Homie! Are you looking to go for an MBA after BA/MA? Well, we have, as always, got you covered. There are endless opportunities with bags of advantages in the job market once you pick your specialisation. But what are all the specialisations available? Let’s explore that together!
“An investment in knowledge pays the best interest.” – Benjamin Franklin
Before exploring the specialisation, you need to understand the opportunities that an MBA holds in today’s job market. The job market needs you, to skill up your game through an MBA and step up on the ladder of success. Here are some of the reasons why you should pursue an MBA after a BA/MA:
After completing your BA/MA, pursuing an MBA would open up a broader part of the job opportunities for you. Your chances of employment multiply after you apply for and earn an MBA. You will be eligible for a wide range of management positions including Finance Managers, Marketing Managers, Human Resource Managers, Product Managers, and more.
An MBA will enhance your managerial skills which will enable you to work effectively in any corporation. An MBA provides comprehensive training in financial management, marketing management, HR management, operations management, project management, staff management, business development, and more. It prepares you for the unsaid and the said of different opportunities including both soft and hard skills.
An MBA furnishes you with business management training at the corporate level, emphasising administration and management proficiency. It prepares you to tackle complex challenges and make strategic decisions in various business scenarios.
An MBA is not just a degree. It is a valuable asset for your career. It adds value to you and your skills. An MBA will expand your network which would make you valuable for the management world. An MBA course comes with a package of learning to communicate and deliver your best. It also includes networking with some of the popular leaders around the world. Through this, you would be able to add value towards your skills and career ahead.
While the average salary package after a BA/MA starts from ₹2,70,504 per year to ₹6,00,000, getting an MBA would increase your salary package starting from ₹3,00,000 per year average to ₹30,00,000 per year. This is the greatest opportunity to increase your salary package.
To pursue an MBA after completing a BA or MA, candidates typically need to fulfil certain eligibility criteria:
An MBA welcomes all with a golden ticket in hand. That golden ticket depends on what specialisation you pick. Your specialisation is your career transition bridge. Whichever specialisation you pick would carve your future and success. We have compiled a table for all the possible specialisations that are available for you after a BA/MA for an MBA.
Let’s read, and explore the top specialisation:
This specialisation covers the world of banking operations, investment management, and financial analysis. After completing your MBA in Banking and Financial Management, you can get jobs in commercial or investment banking, financial consulting, or wealth management. This is because, during the course, you will gain expertise in assessing risks, managing assets, and optimising financial strategies to ensure business success and stability.
The career paths include commercial banking, investment banking, financial consulting, and wealth management.
In Marketing Management, you will explore the dynamic world of digital marketing, brand management, and market research. In this specialisation, you will be trained for strong communication skills, and you will develop innovative strategies to enhance brand visibility, engage target audiences, and drive sales growth.
The career paths include Marketing Manager, Brand Manager, Digital Marketing Specialist, and Market Research Analyst.
Human Resource Management specialisation focuses on developing effective workplace environments through strategic talent management and organisational development. HRM will train you in a thorough understanding of psychology and communication. After completing an MBA in HRM, you will excel in roles such as HR Manager or Organisational Consultant.
The career paths include HR Manager, Talent Acquisition Specialist, Training and Development Manager, and Organisational Development Consultant.
Operations Management specialisation trains you with the skills to streamline business processes, optimise supply chains, and enhance operational efficiency. This specialisation focuses on project management and logistics, you will develop the expertise to supervise and mentor complex projects and ensure seamless operations.
The career path includes working as an Operations Manager or Supply Chain Analyst, you will play an important role in driving productivity, minimising costs, and delivering exceptional value to customers.
Business Management specialisation offers a comprehensive overview of key business functions, including marketing, finance, and strategic management. With a strong foundation in decision-making and analytical thinking, you will thrive in diverse roles across industries. Whether you are working as a Consultant, Entrepreneur, or Corporate Leader, you will leverage your multifaceted skill set to drive innovation, foster growth, and navigate dynamic market landscapes.
The career paths provide flexibility to enter various fields such as consulting, entrepreneurship, general management, and corporate strategy.
In Retail Management specialisation, you would be focused on excelling your skills in retail operations, merchandising strategies, and customer relationship management. This specialisation would provide greater training in your skills like inventory management and sales optimization. You will excel in roles such as Retail Manager or Merchandising Analyst.
The career paths include Retail Manager, Merchandising Analyst, Store Operations Manager, and Sales Supervisor.
International Trade specialisation explores the complexities of global commerce, cross-border transactions, and trade regulations. With a focus on communication and negotiation, you will navigate diverse cultural landscapes and forge strategic partnerships. By opting for this specialisation, you can open the door to opportunities such as International Trade Analyst or Import-Export Manager. Herein, you will facilitate international business transactions, capitalise on emerging market opportunities, and drive sustainable growth on a global scale.
The career paths include International Trade Analyst, Import-Export Manager, Global Market Researcher, and International Business Consultant.
Well, since you have explored the different types of MBA specialisation after BA/MA, it is now time to look at what type of programme you would like to join. While deciding on it, it is always a plus to consider your time, lifestyle, interaction, work schedule, placement and fee.
Let’s explore the difference between Regular MBA vs Online MBA:
| Feature | Regular MBA | Online MBA |
| Flexibility | Typically, you will follow a fixed schedule of classes, with in-person classes | In Online MBA programmes, you enjoy greater flexibility allowing you to study at your own pace and from anywhere with an internet connection. |
| Interaction | Face-to-face interactions with professors and classmates. Facilitating in-depth discussions and networking. |
Online MBA programmes rely heavily on virtual communication tools like video conferences, discussion forums, and emails for interaction. |
| Learning Environment | Structures classroom setting, providing a defined learning environment conducive to focused study. | You can connect online for different workshops, webinars and conferences. There is a defined class timing and syllabus. |
| Access to Resources | You will get access to on-campus resources such as libraries, laboratories, and student services, enhancing the overall learning experience. | Online MBA programmes offer access to digital resources and online libraries, ensuring convenient access to course materials and academic support services from anywhere. |
| Networking Opportunities | Regular MBA programmes facilitate networking opportunities through in-person events, seminars, workshops, and alumni associations, fostering valuable professional connections. | Online MBA programmes provide networking opportunities through virtual events, webinars, and online communities, enabling you to connect with professionals worldwide regardless of geographical limitations. |
| Cost | Regular MBA programmes are generally more expensive due to additional expenses like campus facilities, commuting, and accommodation costs. | Online MBA programmes are often more cost-effective as tuition fees may be lower, and you can save on expenses related to commuting and accommodation. |
| Schedule | With a regular MBA, you must follow a fixed class schedule, which may be difficult for working professionals. | Online MBA programmes offer flexibility in scheduling, allowing you to balance your studies with work, family, and other obligations more effectively. |
| Accreditation | Regular MBA programmes are often accredited by recognised accrediting bodies, ensuring the quality and credibility of the degree programme. | Online MBA programmes are accredited by the same accrediting bodies as traditional MBA programmes, ensuring that online degrees hold the same academic value and recognition. |
| Learning Pace | In Regular MBA, you will follow a structured curriculum with fixed deadlines for assignments, exams, and class discussions, providing a clear learning path and pace. | In online MBA programmes, you enjoy greater flexibility in learning pace, allowing you to accelerate or decelerate your progress based on your learning needs and schedule. |
| Technology Requirements | Regular MBA programmes require access to campus facilities and may involve minimal technology requirements for classroom participation. | Online MBA programmes require reliable internet access, up-to-date hardware, and proficiency in using digital tools and platforms for online learning activities. |
There are various layers of work that go into considering a specialisation in MBA after BA/MA. One of the important steps that comes after you select your college, is which type of programme you want to pick. regular or online MBA? We hope that you have noted down the essential differences between regular and online MBAs. Now, comes the budget. Set a particular budget according to your savings, lifestyle and educational expenditure limit.
Once you decide your limit, you can check out the below-listed colleges for MBA and their Fees.
There are different ways to fund your education if your favourite college goes a little beyond your budget. You can avail or apply for a scholarship and a fee waiver. You can look at different scholarships provided by either the college, government or private sectors.
Now that we know the budget, let’s explore the different fees for both regular and online MBA after BA/MA.
Regular MBA is for people who believe in conquering every challenge head-on. The options for regular MBA after BA/MA comprises top colleges in India with top rankings by NIRF and NAAC. If you are someone who believes in taking advantage of on-campus facilities and interacting with colleagues and faculty then this may be the way for you. We have compiled a list of top universities in India which provide MBA after BA/MA with the total fees. Let’s take a look at it:
| College Name | Fees (In INR) |
| XLRI Jamshedpur | INR 23,15,000 for Complete Course |
| IIFT Delhi | INR 21,77,314 for Complete Course |
| FMS – The University of Delhi | INR 10,480 Per Year |
| IIM Kozhikode | INR 22,50,000 for Complete Course |
| IIM Ahmedabad | INR 33,00,000 for Complete Course |
| SPJIMR Mumbai | INR 23,50,000 for Complete Course |
| IIM Lucknow | INR 20,75,000 for Complete Course |
| IIM Bangalore | INR 24,50,000 |
| IIM Calcutta | INR 31,00,000 |
| SJMSOM, IIT Bombay | INR 3,72,350 Per Year |
| NITIE Mumbai | INR 12,53,000 |
Many colleges provides online MBA. The world of online MBA is vast, flexible, and affordable. You can reach your highest potential with your preferred schedule, fees and specialisation. Online MBA is for people who may be working full-time professionals, this is your world of wonder so grab on your laptop and go through the below college websites and fees. We have enlisted online colleges and their fees so you can pick what works for you:
| College Name | Total Fee (INR) |
| ICFAI University, Hyderabad | 2,00,000 |
| Chandigarh University | 2,00,000 |
| Dr. D.Y. Patil Vidyapeeth | 1,40,200 |
| UPES | 1,50,000 – 1,99,000 |
| Manipal University | 1,75,000 |
| Amity Online | 1,79,000 |
| Shoolini University Solan | 1,20,000 |
| Uttaranchal University | 82,000 |
| Jain University | 1,50,000 – 2,61,000 |
| IGNOU | 62,000 |
Related: Top 10 Online MBA Colleges in India- UPDATED!
Now that you are at the end of learning everything about pursuing an MBA after BA/MA. This is the right time to check what works best for you including the coursework, the specialisation, programme type (regular or online) and fee.
We have made it easier for you to pick a specialisation for an MBA after a BA/MA. Below is the table which would help you to guide you towards which specialisation and college is the best for you FOR REAL. Pick your pen and tick what works, tick tick ✔️
| Check List | From Arts to Action Check-Check (Question) |
✔️ Tick the Box (If Yes) |
| Career Crusade | Are you ready to start the leadership journey, explore new industries, or simply satisfy your curiosity? | |
| Future Fortune-Telling | Have you taken a peek into the crystal ball of potential career paths post-MBA? Have a chat with people who have done it. | |
| Learning Lifestyle Leap | Are you comfortable with regular coursework or online coursework? Can you juggle work and studies together? | |
| Programme Pulse Check | Are the accreditation, faculty expertise, and programme structure of the specialisation up to your expectations? | |
| Regular vs. Online Rumble | Will this specialisation offer you the flexibility and interaction you desire, whether in the online realm or the traditional classroom? | |
| Fee Flair | Does this specialisation/college fit snugly within your budget, even if you throw in some scholarships or fee waivers into the mix? | |
| Entrance Exam Expedition | Do you have the right set of entrance exam qualifications, be it CAT, GMAT, or the exam of choice by your chosen university? | |
| Networking Ninja Quest | Will this specialisation/college connect you with alumni and industry experts, allowing you to learn from the masters of the MBA universe? |
There it is! If you want to pursue an MBA after BA/MA, then there are endless opportunities.
The journey only stops when you decide your path. It is your time to pick the path that works best for you. Pick a specialisation for an MBA based on your interest, and consider your fee budget and the future roles and responsibilities that you want to explore. An MBA will enhance your skills and that’s a promise from any university you enrol in. So, what are you waiting for? Pick your subject and get set to go towards the path of determination and success.
Get Free Career Guidance
