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9 Best MBA Specialisations for Hospitality & Tourism Graduates (BHM, BTTM)

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Kamaldeep

04 March, 2024

9 Best MBA Specialisations for Hospitality & Tourism Graduates (BHM, BTTM)

Take a seat, make your coffee and sit comfortably while we share the best MBA specialisations for Hospitality & Tourism graduates. If you are someone who’s eager to learn more, with an enhanced salary then this is your chance. Let us introduce you to some of the top-notch MBA specialisations for hospitality & tourism for both regular and online modes.

So, take your seats and read through the magic of opportunities.

Why Pursue an MBA after BHM/BTTM?

The demand for an MBA is on the rise. However, what are the benefits of pursuing an MBA after BHM/BTTM? Let us explore!

  • Enhanced Career Prospects:

    Pursuing an MBA after completing your BHM or BTTM degree significantly enhances your career prospects. While the career might seem foggy after completing your post-graduation, an MBA is a world-class option to create multiple opportunities for a lifetime.

  • Specialised Skill Development:

    Opting for an MBA after Hospitality & Tourism provides specialised skill development which is crucial for managerial roles in the hospitality industry. Subjects like Organisational Behaviour, Financial Accounting, and Marketing Management equip you with the necessary expertise to effectively manage hotels, resorts, general management and whatnot!

  • Impressive CV and Career Growth:

    Adding an MBA in Hospitality & Tourism to your qualifications adds plus points to your CV and unlocks broader career growth opportunities. With a degree from a reputed institution and prior industry experience, you become more competitive for higher-level positions in the hospitality sector.

  • Practical Experience Enhancement:

    Prior work experience in the hospitality industry before pursuing your MBA is highly recommended. This practical exposure not only deepens your understanding of the sector but also enhances your career opportunities. You can discover more during an MBA as it allows more exposure in hospitality and tourism coursework including projects, internships and different workshops. This will boost your skills in the practical implementation of your skills.

  • Diverse Career Opportunities:

    After completing your MBA in hospitality and tourism, you will be introduced to the diverse career opportunities available across various sectors including hotels, travel agencies, event management firms, food chains, airlines, and theme parks. There are multiple roles such as Hotel Manager, Hospitality Executive, and Department Head all possible and available after you complete your MBA.

  • Enhanced Salary and Networking:

    An MBA in Hospitality and Tourism can lead to enhanced salary prospects and better networking opportunities. The prestige and network of contacts associated with MBA programmes can open doors to higher-paying positions and valuable connections within the industry.

Eligibility Criteria for MBA after BHM/BTTM

Now that we have covered the why and what about the MBA after Hospitality and Tourism, it is time to understand the common requirements to get admission in an MBA after Hospitality and Tourism. There are various kinds of admission procedures for an MBA. However, considering the common eligibility is an important step. Let’s take a look at what you should consider before enrolling on an MBA programme:

Requirement Details
Qualifications Bachelor’s (BHM) or Master’s (MHM) degree from a recognised university or institution with a minimum aggregate score.
Entrance Test Common Admission Test (CAT), Management Aptitude Test (MAT), Graduate Management Admission Test (GMAT), or Xavier Aptitude Test (XAT).
Work Experience While some programmes accept fresh graduates, many prefer candidates with prior work experience ranging from 2 to 5 years.
Micro Presentation/Group Discussion There might be participation in micro presentations or group discussions to assess communication and interpersonal skills.
Personal Interview Some universities may require a personal interview for final selection.

Top MBA Specialisations for BHM/BTTM

There are countless options in India for an MBA in hospitality and tourism. You can check out the top specialisations while applying for an MBA in hospitality and tourism. Let’s take a look at some of the top specialisations in MBA hospitality and tourism.

1. Hospitality Management

This specialisation focuses on managing various aspects of the hospitality industry, including hotels, resorts, restaurants, and event planning. After completing your MBA in Hospitality Management, you can pursue roles such as Hotel Manager, Resort Manager, Event Coordinator, Hospitality Consultant, Tourism Director, and Restaurant Manager. You will develop skills in hotel operations, guest services, revenue management, and strategic planning to ensure exceptional guest experiences and business success within the hospitality sector.

2. General Management

General Management provides a greater understanding of key business principles and management practices applicable across various industries. During the course, you will gain expertise in finance, marketing, operations, human resources, and strategic management, which will open various opportunities for you. When you complete your MBA in General Management, you can start your career as a Business Analyst, Project Manager, Operations Manager, Management Consultant, Entrepreneur, or Executive Leader.

3. Event Management

Specialising in Event Management involves learning how to organise and coordinate various events, including conferences, weddings, festivals, and corporate gatherings. With an MBA in Event Management, you can pursue roles such as Event Planner, Venue Manager, Conference Coordinator, Wedding Planner, Festival Organiser, and Event Marketing Specialist. You will develop skills in event planning, budgeting, logistics, vendor management, and client coordination to ensure flawless execution and memorable experiences for attendees.

4. Human Resource Management

This specialisation focuses on managing human capital within organisations, covering areas such as recruitment, training, performance evaluation, and employee relations. After completing your MBA in Human Resource Management, you can apply for different roles such as an HR Manager, Talent Acquisition Specialist, Training and Development Manager, Labour Relations Specialist, HR Consultant, or Diversity and Inclusion Manager. You will develop skills in leadership, negotiation, and organisational behaviour to create a positive work environment and drive excellent employee engagement.

5. Marketing

The Marketing specialisation explores strategies for promoting products or services to target customers, covering market research, branding, advertising, digital marketing, and consumer behaviour analysis. With an MBA in Marketing, you can pursue roles such as Marketing Manager, Brand Manager, Digital Marketing Specialist, Market Research Analyst, Advertising Executive, or Sales Manager. You will also develop excellent skills in communication, market segmentation, and campaign management to drive brand awareness and customer engagement.

6. International Business

Specialising in International Business provides insights into global business environments, cross-cultural management, and international market expansion strategies. After completing your MBA in International Business, you can pursue roles as an International Business Consultant, Global Marketing Manager, Export-Import Manager, International Trade Analyst, or Global Supply Chain Manager. You will develop skills to navigate diverse cultural landscapes and forge strategic partnerships for global business success.

7. Tourism & Travel Management

This specialisation focuses on managing travel-related businesses, including tour operations, travel agencies, and destination marketing organisations. With an MBA in Tourism & Travel Management, you can pursue diverse roles such as Tourism Manager, Travel Agency Manager, Destination Marketing Coordinator, Hospitality Consultant, Ecotourism Specialist, or Travel Experience Coordinator. You will develop skills in tourism marketing, hospitality services, and sustainable tourism practices to promote travel destinations and enhance visitor experiences.

8. Finance

Specialising in Finance emphasises financial management, investment analysis, and risk assessment within an organisation. After completing your MBA in Finance, you can pursue roles as a Finance Manager, Investment Banker, Financial Analyst, Risk Manager, Corporate Treasurer, or Portfolio Manager. You will develop skills in corporate finance, financial planning, investment banking, and financial consulting to drive financial performance and business growth.

9. Product Management

This specialisation focuses on developing, launching, and managing products or services throughout their lifecycle. With an MBA in Product Management, you can pursue roles like Product Manager, Brand Strategist, Product Marketing Manager, Innovation Director, Product Development Consultant, or New Product Launch Manager. You will develop skills in market analysis, product design, pricing strategies, and product launch planning to drive product success and market competitiveness.

 

Related: MBA after Hotel Management: Scope and Career Path

Key Differences: Regular vs. Online MBA

Now that you have looked into the various MBA specialisation options available after completing a BHM/BTTM, it is time to consider the kind of programme you would like to enrol in. It is usually an advantage to take your time, lifestyle, social interactions, job plan, location, and costs into consideration while making your decision.

Let’s review the difference between an online and regular MBA programme:

Regular MBA Online MBA
Follows a fixed schedule of in-person classes Offers flexibility to study at your own pace from anywhere with an internet connection
Involves face-to-face interactions with professors and classmates, fostering discussions and networking Relies on virtual tools like video conferences and discussion forums for interaction, facilitating online discussions and networking
Provides a structured classroom setting conducive to focused study Offers a virtual learning environment with online workshops, webinars, and defined class timings and syllabus
Grants access to on-campus resources such as libraries and laboratories Provides digital resources and online libraries accessible from anywhere, enhancing convenience
Offers in-person events, seminars, and alumni associations to facilitate networking Organises virtual events, webinars, and online communities, enabling networking globally
Involves higher expenses due to campus facilities, commute, and accommodation Tends to be more cost-effective with lower tuition fee and savings on commute and accommodation expenses
Follows a fixed class schedule which can be challenging for working professionals Allows for flexible schedules, enabling students to balance studies with work and other commitments effectively
Ensures accreditation by recognised bodies, ensuring quality Holds the same academic value and recognition as traditional degrees, accredited by the same bodies
Follows a structured curriculum with fixed deadlines for assignments and exams Offers greater flexibility in learning pace, allowing for acceleration or deceleration based on individual needs and schedule
Requires minimal technology for classroom participation Demands reliable internet access, up-to-date hardware, and proficiency in digital tools and platforms essential for online learning activities

Choosing the Right Budget College: Regular & Online MBA Colleges & Fee

Considering an MBA programme after BHM/BTTM involves many layers of work. Choosing the programme you want to enrol in is one of the crucial decisions you make after deciding on a college. This choice will depend on many factors including budget, lifestyle, work schedule, family, location and other things. We believe that you have made a list of the key differences between traditional/regular and online MBA programmes. Let us take a look at various MBA fees in the domain of Hospitality and Tourism to understand specific cost limits based on your lifestyle, savings, and the amount you can afford to pay for school.

You can review the MBA programmes and fees at the colleges listed below once you have decided your budget for an MBA.

If your dream college is a little out of your price range, there are several options available to you, including applying for or receiving a scholarship.

Regular MBA Colleges After BHM/BTTM (Fee in INR):

There are multiple options in India when it comes to regular MBA colleges. Regular MBA colleges come with a bag of benefits and opportunities for those who want to explore the on-campus life, and have the budget to enrol in a regular MBA programme. Let’s take a look at the top regular colleges you can apply to after BHM/BTTM with their respective fees.

College Fee (INR)
NMIMS Mumbai School of Business Management ₹19.76 lakh
Xavier Institute of Management, XIMB Bhubaneswar ₹20.80 lakh
TAPMI- Manipal ₹16.90 lakh
Symbiosis Institute of Business Management- Bangalore ₹14.70 lakh
IIM Ahmedabad ₹24.61 lakh

Online MBA Colleges After BHM/BTTM (Fees in INR):

The demand for an Online MBA is high, especially after the lockdown. You can apply to your favourite or interested specialisation while you manage your work life or your regular lifestyle while learning from some of the top universities. Let’s take a look at the top online colleges and their respective fees.

College Fee
Amity University Online ₹1,79,000 for Complete Course
Bharati Vidyapeeth Deemed to be University ₹1,28,000 for Complete Course

Before You Suit Up: A Playful MBA Checklist for Graduates

Now that you are at the end of learning everything about pursuing an MBA after BHM/BTTM, it is time to check what works best for you, including the coursework, specialisation, programme type (regular or online), and fee. We have made it easier for you to pick a specialisation for an MBA after a BHM/BTTM. Below is the table to guide you towards which specialisation and college are the best fit for you.

Question Check Tick-Box (tick if ‘Yes’)
Does this university/specialisation include the career opportunities that I’m looking for?
Have you taken a peek into the crystal ball of potential career paths post-MBA? Have a chat with people who have done it.
Are you comfortable with regular coursework or online coursework? Can you juggle work and studies together?
Are the accreditation, faculty expertise, and programme structure of the specialisation up to your expectations?
Will this specialisation offer you the flexibility and interaction you desire, whether in the online realm or the traditional classroom?
Does this specialisation/college fit snugly within your budget, even if you throw in some scholarships or fee waivers into the mix?
Do you have the right set of entrance exam qualifications, be it CAT, GMAT, or the exam of choice by your chosen university?
Will this specialisation/college connect you with alumni and industry experts, allowing you to learn from the masters of the MBA universe?

Conclusion

Alas! You have made it to the end, which means you are pretty serious about getting your career goals together. Right? Well, there’s no denying the saying that an MBA after BHM/BTTM brings bags of opportunities with it. You can select your favourite specialisation based on your career goals, interests, projects, placements and budget. The doors of an MBA degree are always open and do not forget that there are two golden opportunities- one through a regular MBA and another through an online MBA. Before enrolling in any university, make sure you follow the above checklist and make sure to apply according to your dream career.

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