MBA – In Multiple Flavours
The famed Indian MBA is usually a 2-year program. There are many variants of the MBA, the most common ones being the General MBA and some specialised programs like Marketing, Finance, Human Resource, Operations, among others.
However, apart from the above, there are many other variants of the MBA. Some of these programs have been discussed in this article.
1. STEM MBA
The STEM (Science Technology Engineering Mathematics) MBA program is a mix of business management, technology and leadership skills.
With increasing data-driven roles, there is a huge demand for persons who know both tech and business. Some of the popular job roles are that of Data Analyst, Data Scientist, Business Analyst, Financial Analyst, Product Manager, Brand Analyst, Customer Behaviour Analyst, Digital Marketing Manager, Chief Technology Officer among others.
Apart from some of the well-known programs in the US and Europe, there are many programs offered in India too. Some of the programs under STEM MBA are:
| Program | School | Duration | Admission criteria | Fees |
|---|---|---|---|---|
| Business Analytics | ISB – AMPBA | 15 months | GMAT, GRE, CAT, NMAT, Own test | 11 lacs |
| IIT Kharagpur, IIM Calcutta & ISI Kolkata – PGDBA | 2 years | Own test | 25 lacs | |
| IIM Bangalore – MBA BA | 2 years | CAT, GMAT | 25 lacs | |
| SCMHRD – MBA BA | 2 years | SNAP | 17 lacs | |
| IIM Ahmedabad – ePGDABA | 16 months | CAT, GMAT, GRE, GATE, Own test | 12 lacs | |
| IISC Bangalore – M.MGT | 2 years | CAT, GMAT, GATE | 5 lacs | |
| XLRI Jamshedpur – PGCBA | 1 year | 3.4 lacs | ||
| Technology Management | IIT Delhi – MBA | 3 years | CAT | 16 lacs |
| Data Analytics / Science | IIM Kashipur – MBA | 2 years | Own test | 12 lacs |
| SCIT Pune – MBA DS & DA | 2 years | SNAP | 13 lacs | |
| Praxis Business School – PGP Data Science | 1 year | Own test | 6 lacs | |
| Quantitative Economics | ISI – MS QE | 2 years | NA | |
| Finance Technology | IIMC – FinTech and Financial Blockchain (AMPFFB) | 6 months | 4.5 lacs |
2. MBA in Family Business Management
Family Business is one of the oldest forms of business in India. This course is designed to equip family business owners and leaders with knowledge and skills to address the challenges specific to their own family businesses.
| School | Duration | Admission criteria | Fees |
|---|---|---|---|
| ISB – PGP MFAB (Post Graduate Programme in Management for Family Business) | 15 months | Own test | 42 lacs |
| Great Lakes – PGP Family business & Entrepreneurship | 11 months | CAT, GMAT, XAT, NMAT | 22.5 lacs |
| IIM Bangalore – Management Programme for Entrepreneurs and Family Businesses (MPEFB) | 6 months | 10 lacs | |
| Entrepreneurship Development Institute of India Ahmedabad - Family Business Program for Next Generation | 6 months | 0.5 lacs | |
| Nirma University – MBA Family Business & Entrepreneurship | 2 years | Own test | 10 lacs |
| SPJAIN – Global Family Managed Business program | 12 months | 17 lacs |
3. MBA in International Business
This course is designed to equip family business owners and leaders with knowledge and skills to address the challenges specific to their own family businesses. This course helps equip the students to work in a competitive global environment and confidently face the challenges of the new millennium. In this course, students learn about foreign policies, forex risk management, foreign investment, export management, etc.
| School | Duration | Admission criteria | Fees |
|---|---|---|---|
| IIFT – Indian Institute of Foreign Trade | 2 years | CAT | 21 lacs |
| MDI Gurgaon – IB | 2 years | CAT | 27 lacs |
| FORE - IB | 2 years | CAT, XAT, GMAT | 18 lacs |
| SPJAIN – Global MBA | 12 months | GMAT, GRE, CAT | 34 lacs |
4. Agriculture Business Management
The course trains students on various business aspects of agriculture, such as food policy, food processing, marketing and rural infrastructure management, agriculture finance, food marketing, profitability improvement, etc.
| School | Duration | Admission criteria | Fees |
|---|---|---|---|
| IIM Ahmedabad – ABM | 2 years | CAT | 25 lacs |
| IIM Lucknow – ABM | 2 years | CAT | 21 lacs |
5. Sustainability Management
This course stresses upon the idea that businesses are a part of society and cannot be separated from it. This course aims to develop management professionals with a holistic view on economic, social and environmental issues.
| School | Duration | Admission criteria | Fees |
|---|---|---|---|
| IIM Mumbai (NITIE) – SM | 2 years | CAT | 21 lacs |
| IIM Lucknow – SM | 2 years | CAT | 21 lacs |
| XIM University – SM | 2 years | XAT, CAT, GMAT, NMAT, Own test | 14 lacs |
6. MBA in Healthcare Management
The course empowers Promoters, Owners – Doctors, from healthcare delivery organisations and healthcare professionals to build their expertise in domains like healthcare management, global healthcare management, clinical information systems, etc.
| School | Duration | Admission criteria | Fees |
|---|---|---|---|
| ISB – Advanced Management Programme for Healthcare | 12 months | 13 lacs | |
| ISB - Certificate Programme in Healthcare Management (online) | 3 months | 1.2 lacs |
7. MBA in Infrastructure Management
The course is designed to suit the demand of Infrastructure sector, augmenting skill sets in conceptualization, planning, design, investment, client care, stakeholder relations, procurement and marketing
| School | Duration | Admission criteria | Fees |
|---|---|---|---|
| ISB – Advanced Management Programme for Healthcare | 12 months | 11 lacs | |
| SCMHRD | 2 years | SNAP | 14 lacs |
8. MBA in Oil & Gas
The course offers an understanding of the oil and gas industry. The course is tailored to cater to the specific needs of the sector. The program offers domain-specific subjects like Natural Gas Business, Fundamentals of Oil & Gas Business, Fundamentals of Refining, Petrochemical Business, and more. Institutes – Great Lakes, UPES University
9. MBA in logistics and supply chain
The course educates the students about strategies and planning related to supply chain and goods transportation. There are various roles such as logistic managers, purchase managers, operation directors, transportation managers, etc. Institutes – UPES Dehradun, School of management (D.Y. Patil University) Navi Mumbai, Amity Business School Noida.
10. Aviation Management
Roles include Airport operations manager, cargo operations manager, etc. Institutes – UPES Dehradun, Institute of Logistics & Aviation Management Bangalore, Hindustan Institute of Technology and Science Chennai
11. MBA in Tourism and Hospitality
Institutes – Amity School of hospitality Noida, Chandigarh university, Indian Institute of Hospitality and Management Thane.
The above is obviously not an exhaustive list. There are many other schools that offer these programs. The above is a list of the most popular / top-ranked programs in the above domains. Given the changing landscape, there are many niche programs coming up. Special mention should be given to the program MBA – Metaverse and Web 3.0 at UPES Dehradun.
Have questions? Call us for a free consultation regarding your career moves – be it MBA in India or study abroad programs through GMAT or GRE. Call us: +91 9433063089
