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You are preparing for MBA entrance exams and have everything planned for your life as an MBA student and career thereafter. So what is your plan? To go off the beaten path or do something different? If you have thought of doing something different after in your career, then we can help you plan. All MBA Entrance Exams

While most of the students opt for popular MBA/PGDM streams like Finance, Marketing, Human Resource and Operations, there are many more streams which can lead to a lucrative career. There are various lesser known established as well as upcoming fields where there’s a huge demand for MBA graduates.

We have listed below 14 MBA specializations you should definitely know about:

14 MBA unconventional MBA specializations
MBA in Family Business Management	MBA in Power and Energy
MBA in Tourism and Hospitality	MBA in Infrastructure
MBA in Clinical Research Management	MBA in Transport & Logistics
MBA in Criminal Justice	MBA in Aviation
MBA in Knowledge Management	MBA in Real Estate
MBA in Health Management	MBA in Legal Studies
MBA in Oil & Gas	MBA in Event Management

 

Let’s discuss these 14 MBA specializations in detail

1.Family Business Management

Family Business is one of the oldest forms of business and represents a major chunk of all businesses. About fifty percent of jobs fall into this category. In India, some of the biggest business houses are family businesses being run for decades by family members.

In a rapidly, growing economy and competitive atmosphere, it has become imperative to acquire latest managerial skills to survive. This course imparts knowledge and skill sets in handling market challenges and creating opportunities unique to the family business.

Colleges offering MBA in Family Business Management

Indian School of Business, Hyderabad	IIM-Bangalore
SP Jain Institute of Management and Research, Mumbai	Institute of Management, Nirma University, Ahmedabad
SVKM’s NMIMS School of Business Management, Mumbai	Entrepreneurship Development Institute of India (EDI), Ahmedabad
Amity University, Noida	National Institute of Construction Management and Research (NICMAR), Pune
University Business School, Mumbai	Hindustan University, Chennai

 

2.Tourism and Hospitality

In the last decade or two, Tourism and Hospitality sector has risen rapidly to become one of the most popular sectors for generating revenue. With people spending more on travelling, the sector is booming with more opportunities and more business.

MBA in Tourism and Hospitality Management equips an aspirant with knowledge and skill sets specific to the sector. Managerial skills and leadership qualities taught in MBA helps one stand head and shoulders above others in this competitive environment.

Colleges offering MBA in Tourism & Hospitality

Chandigarh University	Amity School of Hospitality, Noida
UEI Global, Lucknow	International Institute of Business Studies, New Delhi
Sindhi Institute of Management, Bangalore	Bharati Vidyapeeth College of Hotel and Tourism Management Studies, Mumbai
RIG Institute of Hospitality Management, Delhi	Indian Institute of Hospitality and Management, Thane
Kuoni Academy, Delhi	Dr. Y.S.R. National Institute of Tourism and Hospitality Management, Hyderabad
Vivekanand Institute of Hotel and Tourism Management, Rajkot	Institute for International Management & Technology, Gurgaon

3.Clinical Research Management

Pharmacy and Clinical Research are highly specialized areas where the demand for managers is always high. Clinical Research as a field determines safety and quality of medications, medical devices, products, treatments and regimes. Hence, the demand for highly skilled and knowledgeable professionals.

The course imparts training in skill sets specific to the industry, like, Pharmacovigilance and Clinical Data Management, and Clinical Research Project Management besides the common management skills like Marketing Management, Financial Management, Operations Management, etc.

Colleges offering MBA in Clinical Research Management

Institute of Clinical Research in India, Delhi	Tilak Maharashtra Vidyapeeth, Pune
Bombay College of Pharmacy, Mumbai	Indian Management School and Research Centre, Mumbai
Academy for Clinical Excellence, Mumbai	Apeejay Stya University, Gurgaon
Drexel University, USA/Rx Professions Clinical Research Academy, Hyderabad	Academy of Clinical Research and Pharmaceutical Management, Kolkata

 4.Criminal Justice

A highly specialized job requires highly trained professionals to deal with it. Hence, the need for a specialized MBA in Criminal Justice. This MBA specialization prepares one for the unique challenges of managing people, budget, system, PR in the high-stress environment of criminal justice.

The MBA in criminal Justice also imparts training in handling legal issues, following law enforcement trends, along with leadership qualities, business communication and general management.

Colleges offering MBA in Criminal Justice

Centre for Distance Education, University of Hyderabad	Osmania University, Hyderabad
Justice K.S Hegde Institute of Management, Mangalore	The Global Open University, Dimapur
Indira Gandhi National Open University, School of Law	Institute of Professional Studies, Jaipur
Sh L A Shah Law College, Ahmedabad	–

 

5.Knowledge Management

Knowledge Management is a relatively new but upcoming branch of management which is grabbing many eyeballs. This branch of management deals with identifying, managing and sharing information assets of an organization like employees’ expertise, database, documents, policies, procedures etc. Knowledge Management is basically a study of identifying, managing and reusing knowledge and expertise already existing within the organization.

The MBA in Knowledge Management teaches the candidate to improve by learning from past experiences.

Colleges offering MBA in Knowledge Management

International Institute of Knowledge Management, Calicut	SCMS Cochin School of Business
Anand Engineering College, Agra	V M Kirupananda Variyar Engineering College, Salem
The Department of Lifelong Learning and Extension, Mumbai	Universal College, Bangalore

6.Health Management

MBA in Health Management is designed to impart healthcare professionals managerial skills and knowledge to build their expertise in Healthcare sector, which includes healthcare management, health services, clinical information systems management, global healthcare management, and health services administration.

Colleges offering MBA in Health Management

Manipal University, Karnataka	Gems B School, Bangalore
ISB, Hyderabad	Bangalore Institute of Management Studies
SIHS, Pune	Institute of Health Management Research, Bangalore
Institute of Clinical Research, New Delhi	–

Many healthcare organisations like Fortis and Apollo also offer MBA in Healthcare programmes.

7.Oil & Gas Management

Oil & Gas in one of the most monetarily rewarding industry as it deals with a product that is the basic necessity of everyday life. From cooking to travelling, every aspect of our lives is dependent on oil and gas.

With the economy changing its shape every now and then, and posing new challenges regularly, the demand for professionals who understand the industry and are equipped to comprehend and tackle its ever-increasing demands, is high.

MBA in Oil & Gas provides just the right training to professionals who aim to make a career in the sector by tapping the fast emerging opportunities there.

Colleges offering MBA in Oil & Gas

ICFAI Business School, Hyderabad	Pandit Deendayal Petroleum University, Gandhinagar
UPES University, Dehradun	Rajeev Gandhi Institute of Petroleum Technology, Rae Bareli
Academy of Maritime Education and Training, AMET University, Chennai	Great Lakes Institute of Management, Gurgaon

8.Power and Energy Management

MBA in Power and Energy is a specialized programme aimed at preparing professionals to handle functional and managerial aspects of Power, Oil & Gas, Renewable Energy and Energy Efficiency and Sustainable Development in a highly specialized way so as to minimize risks and maximize profits.

As the world is moving towards solar energy, there is a huge growth potential in MBA in Power Energy.

 

Colleges offering MBA in Power and Energy

ICFAI Business School, Hyderabad	UPES, Dehradun
MDI, Gurgaon	National Power Training Institute, Faridabad
Symbiosis Institute of International Business, Pune	Adarsh Institute of Management & Information Technology, Bangalore
Centurion University of Technology and Management, Bhubaneswar	GIBS Business School, Bangalore
Chandigarh Group of Colleges, Mohali

 

9.Infrastructure Management

This stream of MBA is designed to train professional to suit the demand of Infrastructure sector. Since, Infrastructure is a global market, the demand for professionals with expertise in the same is high and ever increasing.

MBA in Infrastructure imparts technical and management skill sets in areas like conceptualization, planning, design and development, investment, delivery mechanism, client care, stakeholder relations, procurement and marketing etc.

Colleges offering MBA in Infrastructure

SCHMRD, Pune	AMET University, Kanathur
RICS, Amity University, Noida	Centre for Environmental Planning and Technology University, Ahmedabad
UPES, Dehradun	Badruka Institute of Foreign Trade, Hyderabad
Adani Institute of Infrastructure Management, Ahmedabad	–

10.Transport & Logistics Management

A yet another stream of management studies that caters exclusively to a particular industry. MBA in Transport & Logistics, offers technical and management knowledge and skill sets to handle all the aspects of this industry. The students are trained in domestic as well as international supply chain processes.

Colleges offering MBA in Transport & Logistics

GIBS Business School, Bangalore	UPES, Dehradun
Ramaiah Institute of Management Studies, Bangalore	Aarupadai Veedu Institute of Technology, Chennai
WLC College India, Bangalore	Apex Institute of Management and Technology, Nagpur
AMET University, Kanathur	Aryabhatta Degree College, Delhi
Amity University, Noida	ASM Institute of International Business & Research, Pune

 

11.Aviation Management

Aviation industry is a fast growing global industry having high demand for professionals specializing in its various domains, like air transportation, ground handling, cargo, fleet management, passenger facilities, safety, regulations, fueling etc.

MBA in Aviation imparts knowledge and skill sets in developing new and maintaining products and services which provide the traveler value for money. The students are also trained in dealing with complex government regulations and staying abreast with emerging technologies and changing environment of the aerospace industry.

Colleges offering MBA in Aviation

Jain University, Bangalore	Agragami Institute of Management and Technology, Yelahanaka, Bangalore
UPES, Dehradun	Institute of Logistics & Aviation Management, Bangalore
Hindustan Institute of Technology and Science, Chennai	Manav Rachna University
SJES College of Management Studies, Microsoft IT Academy, Bangalore	Kasturi Institute of Aviation Management, Coimbatore

 

12.Real Estate Management

With urbanization at its peak, real estate industry is currently booming. Opportunities, competition, development- the industry is one of the fastest growing in India as well as globally. And these are only a few reasons as to why MBA in Real Estate will ensure a lucrative career.

With corporate houses making a foray in the industry there’s a huge demand for professional who can coordinate all financial and administrative operations.

Colleges offering MBA in Real Estate

Amity University, Noida	Delhi Business School, Delhi
Ansal University – School of Management Studies, Gurgaon	Yajnas Academy of Real Estate Management, Hyderabad
National Institute of Construction Management and Research (NICMAR), Mumbai	International Institute of Real Estate, Investment and Finance, Delhi
Manav Rachna University, Delhi	IILM Institute for Higher Education, Gurgaon
Guru Gobind Singh Indraprastha University, Delhi	Institution of Estate Managers and Appraisers, Kolkata
Institute of Management and Technical Studies, Noida	St Xavier’s College, Kolkata
S. M. School of Management Technology, Noida	Akruti Institute of Real Estate Management and Research, Mumbai

13.Legal Studies Management 

MBA in Legal Studies is the next big thing in the world of business. The programme provides crucial knowledge of understanding the corporate government interface. Given the highly volatile atmosphere and ever vigilant government bodies a graduate in MBA in Legal Studies is better equipped to handling legal issues, foresee hindrances and figure out appropriate solutions vis-à-vis big business decisions.

Colleges offering MBA in Legal Studies

Mahatma Jyoti Rao Phoole University, Jaipur	Praxis Business School, Kolkata
Indian Society of International Law, Delhi	RNB Global University, Bikaner
Bhartiya Vidyapeeth Deemed University’s New Law College, Pune	ILS Law College, Pune

14.Event Management

Event Management as a field is very popular with the youth due to the glitz and glamour associated with it. It is not only glitzy but also provides artistic satisfaction for those who have a creative bent. Be it a small wedding function or a film star’s overseas show, the industry offers a promising opportunity to do what to like and earn from it.

This MBA specialization imparts knowledge and skill sets in conceptualizing events, planning, budgeting, managing, marketing, coordinating, organizing and executing events.

Colleges offering MBA in Event Management

Gems B School, Bangalore	Amity School of Communication, Noida
National Academy of Event Management and Development, Mumbai	EMDI Institute of Media & Communication, Bangalore
Apeejay Institute of Mass Communication, Delhi	GOLS Academy, Mumbai
RNB Global University, Bikaner	Rachana Sansad Reify Institute of Event Management, Mumbai
National Institute of Event Management, New Delhi	Kaizen Institute of Event Management, New Delhi

 

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