Meridean Overseas
Updated On 12 March 2024 & Read Time 11 minutes
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Why do MBA streams offer different specialisations? The answer is that different specialisations in the MBA help one gain knowledge and skills in a particular area of interest. By knowing different MBA streams and choosing a suitable one, you can secure better job opportunities and excel in business. Selecting the right stream can shape your career differently and take your professional journey to different heights. Education in this field is dynamic and evolving, and other MBA streams are offered for diverse interests and industries.
In this regard, this blog sheds light on the top 10 MBA streams in the world, the top universities offering the best MBA branches, how to choose the right MBA stream, and much more.
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An MBA is your most fabulous shot at a successful career in business, and several institutes offer degree programs. As demand develops, institutions now provide a variety of specialisations that enable students to hone their talents in certain areas. Therefore, choosing the correct MBA speciality is critical for advancing your career and earning potential.
The following are the top 10 MBA streams in the world for 2024:
If you are a management student interested in the stock market, mutual funds, and other financial tools, a career in finance is the best choice. This specialisation allows you to apply what you've learned in class to the real world of finance. If you're considering getting an MBA in finance, your strong knowledge of finance concepts and understanding of the industry can help you advance. Finance is the top priority for many students in the MBA stream list.
Job Roles
Chief Financial Officer
Investment Banking Associate
Financial Analyst
Certified Public Accountant
Business Analyst
Top Recruiting Companies
Morgan Stanley
BCG
Amazon
Goldman Sachs
JP Morgan Chase & Co.
The MBA specialisation in marketing is the oldest and most popular stream. It provides students with job prospects in various marketing fields. This specialisation offers knowledge in entertainment, media, promotions, advertising, sales, and more, making it the top choice for people interested in marketing and sales.
Job Roles
Media Planner
Head of Digital Marketing
Brand Manager
Marketing Manager
Corporate Sales Manager
Top Recruiting Companies
Unilever
Amazon
L’Oréal
Nike
Procter & Gamble (P&G)
The Coca-Cola Company
Johnson & Johnson
McKinsey & Company
Also, Read: Highest Paying MBA Specialization in the USA
Human resource management is one of the most essential departments of any organisation. It involves establishing an organisational culture, acquiring talent, structuring compensation, training and growing the workforce, managing employee welfare, maintaining compliance, dealing with labour issues, and promoting a positive employer brand. This specialisation made it to the list of top 10 MBA streams worldwide.
Job Roles
Employee Relations Manager
Director of HR Training and Development
Human Resources Consultant
Staffing Manager
Human Resource Executive
Top Recruiting Companies
Wipro
Infosys Limited
Capgemini
Cognizant
Accenture
MBA in Operations is the best choice for those who want to ensure customer satisfaction. This specialisation teaches how to reduce product and service costs, improve quality, and increase production, resulting in satisfied consumers. The curriculum includes everything from process design to vendor management, emphasising continuous improvement in manufacturing and service industries.
Job Roles
Industrial Engineer
Supply Chain Management
Operations Manager
Quality Analyst
Production Analyst
Top Recruiting Companies
Genpact
Standard Chartered Bank
Wipro
Cognizant
HDFC
Axis
ICICI Bank
HSBC
An MBA in International Business is perfect for those who want to explore the international market and dive deep into global business trends. This specialisation covers all the aspects of international trade and cross-cultural management, preparing you well to solve all the challenges businesses face.
Also, Read: How an MBA in USA Can Change Your Life?
Job Roles
Global Supply Chain Analyst
Cross-Cultural Consultant
International Business Manager
International Trade Specialist
Global Market Research Analyst
Top Recruiting Companies
PwC
Amazon
Unilever
Procter & Gamble (P&G)
IBM
Deloitte
Accenture
Samsung
Information technology is an integral part of our daily lives because it deals with various areas related to computer applications. This specialisation covers all the concepts, from software engineering to web design. An MBA in IT is a perfect blend of business and computer science, which makes it one of the best specialisations for IT professionals.
Job Roles
Chief Technology Officer
System Manager
IT Director
IT Project Manager
Analytics Manager
Top Recruiting Companies
TATA Consultancy
Larsen & Toubro
McKinsey
HSBC
Apple
EXL Service.com
Walt Disney
Choosing an MBA emphasising event management matches the increased demand for competent individuals who can plan spectacular events. The program covers event marketing, budgeting, logistics, and risk management. The curriculum is designed to provide learners with the necessary skills and knowledge to excel in the fast-paced world of event Management. Further, hands-on experiences, such as event simulators, internships, and real-world projects, can help you prepare for the demands of the event industry.
Job Roles
Event Coordinator
Exhibition Manager
Event Manager
Wedding Planner
Corporate Event Planner
Top Recruiting Companies
Cvent
Octagon
Eventbrite
Live Nation Entertainment
George P. Johnson Experience Marketing
An MBA in healthcare management is for those with expertise in the healthcare industry and require business knowledge. It helps individuals gain unique opportunities to understand the field and its management and administration areas thoroughly. Moreover, the program involves students in real-world healthcare settings via case studies and projects, developing and fostering their leadership, decision-making, and stakeholder management abilities.
Job Roles
Hospital CEO
Health Services Manager
Healthcare Administrator
Healthcare Consultant
Healthcare Policy Analyst
Top Recruiting Companies
Cleveland Clinic
Kaiser Permanente
Mayo Clinic
UnitedHealth Group
Johns Hopkins Medicine
Also, Read: MBA in UK for Indian Students
The top 10 MBA streams in the world also include using data for intelligent decision-making in today’s significant data era. This specialisation teaches students to identify meaningful insights in massive datasets, leading informed business strategies in a data-driven future. This program, which emphasises critical thinking, problem-solving, and successfully conveying data-driven discoveries, guarantees that graduates can use data to improve corporate performance.
Job Roles
Business Intelligence Analyst
Analytics Manager
Data Analyst
Data Scientist
Machine Learning Engineer
Top Recruiting Companies
Amazon
IBM
Accenture
Microsoft
An MBA in Oil and Gas Management is required for people who want to excel in the rapidly changing energy business. This specialisation provides a comprehensive understanding of energy exploration, production, and management, equipping students for leadership positions.
The curriculum covers topics relevant to the oil and gas business, such as energy economics, project management, risk assessment, and sustainability. It also includes simulations and case studies that reflect the issues that energy professionals encounter.
Job Roles
Oil and Gas Analyst
Sustainability Consultant
Energy Manager
Project Manager – Energy Sector
Operations Manager – Oil and Gas
Top Recruiting Companies
ExxonMobil
BP
Halliburton
Chevron
Shell
Schlumberger
TotalEnergies
When you have decided to embark on your study abroad journey to pursue an MBA, your dream university is the key to success. Check out the top universities listed below that help you shape your career and provide the specialisations:
World University Rankings – Full Time MBA: Global 2024 |
Institute |
Specialisations/Electives |
1 |
|
|
3 |
|
|
4 |
London Business School, UK |
|
5 |
HEC Paris, France |
|
8 |
IE Business School, Spain |
|
9 |
IESE Business School, Spain |
|
11 |
INSEAD (Global) |
|
14 |
Chicago (Booth), UK |
|
Embark and excel in your study abroad journey with our expert team!
To get admission into the best MBA courses in top universities, you need to fulfil some eligibility requirements, and these criteria differ from university to university. Here is a list of general eligibility requirements:
English Proficiency: Show English proficiency, typically measured by IELTS or TOEFL scores.
Letters of Recommendation: Reference letters confirming your academic or professional qualifications.
Essays: Some colleges may need supplementary essays to evaluate your writing and analytical abilities.
Job Experience: While not mandatory, some universities may need specialised job experience.
Bachelor's Degree: An undergraduate degree from a reputable university.
GMAT or GRE Scores: Submit a valid GMAT or GRE score based on the university's requirements.
Statement of Purpose: A well-written statement that explains your motives and aspirations for an MBA.
Resume: A detailed resume outlining your academic and professional experiences.
As we conclude our search for the top 10 MBA streams in the world, remember that selecting the correct MBA path is like choosing a key to a successful career. MBA programs in finance, marketing, or healthcare management provide specialised skills to help you thrive in your chosen career. As you begin this exciting journey, remember that the most outstanding MBA program is the one that feels right for you. Take the time to investigate, research, and consider what corresponds with your skills and interests.
We hope you had an insightful read about the top 10 MBA streams in the world. If you would like to get a deeper insight into how to choose the best MBA streams, we encourage you to speak with our team of expert counsellors at Meridean Overseas Education Consultants (MOEC). Our counsellors will provide you with guidance throughout your study abroad. Get help with the application process, SOPs and filing for a visa. Visit us and get one-to-one counselling, or avail yourself of free video counselling via our website. We will be happy to help you, so please do not hesitate to contact us at application02@meridean.org or 1800-1230-00011.
1. What are the various MBA streams?
MBA streams, also known as specialisations, are specific areas of study within the Master of Business Administration degree. They enable students to delve deeper into particular facets of business, developing competence in areas such as finance, marketing, and information technology.
2. Which MBA programs are the most popular worldwide?
Finance, Marketing, Human Resource Management, Information Technology, and International Business are among the most popular MBA tracks worldwide. These streams accommodate a wide range of job interests.
3. Are there any new or upcoming MBA programs?
Yes, numerous emerging MBA programs match changing market demands. Data analytics, healthcare management, and sustainable business management are three examples gaining popularity in the business sector.
4. How do MBA programs affect work prospects?
The MBA stream you choose significantly impacts your employment options. Employers frequently seek people with particular knowledge, and your stream can affect the industries and occupations you are best suited to.
5. Do all universities provide the same MBA programs?
No, MBA streams vary per university. Each school customises its curriculum to address specific strengths and industry demands. Finding the ideal fit requires thorough university research.
6. Which nation is best for an MBA?
The best MBA destinations are the USA, UK, Canada, Australia, Germany and France. Every year, many students seek admission to gain worldwide experience. These nations have some of the world's most renowned universities. According to the QS World University Rankings, the Stanford Graduate School of Business ranks first among the world's finest MBA programs. The top three institutes on the list are in the United States. So, the USA is the best choice for an MBA aspirant.
7. Can I pursue more than one MBA program at the same time?
Some colleges provide dual MBA programs, allowing students to specialise in two areas. This can create a unique skill set, but it must be approached with caution due to the severity of multiple specialisations.
8. What are the qualifying requirements for MBA programs?
A bachelor's degree from a recognised university is often required, as is English competence (measured by IELTS or TOEFL scores) and, in some instances, a legitimate GMAT or GRE score. Specific criteria may vary among colleges.
9. Do all colleges offer the MBA programs the same?
No, MBA streams vary per university. Each school customises its curriculum to address specific strengths and industry demands. Finding the ideal fit requires thorough research of colleges.
10. How long does it take to finish an MBA in a particular field?
MBA programs last one to two years. Executive MBA programs for working professionals may vary in structure.
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