Top 10 MBA Streams in the World for 2024 Intake

Choosing amongst the top MBA specializations in the world can be a difficult process for students, as Indian students do not know how different the course structure will be at a foreign university. It is very important for you to consider your career goals and professional development before choosing the best MBA course in the world. Read the article to get informed regarding the top MBA courses in the world, top MBA programmes, admission requirements, etc.

 Planning to apply for an MBA abroad and confused about which stream to choose? There are several MBA specialisations to choose from. Each country abroad has its top B-schools which offer a limited set of MBA specialisations or streams. Applicants based on their preference can choose the college based on the availability of specialisation and apply. We have made a list of some of the most popular MBA specialisations that are opted widely across the globe by international students which will help applicants make a decision for the same. 

1) Finance

MBA in finance prepares you in various subjects like budgeting, costing, International Finance, Capital Management etc. After studying these subjects the student becomes specialized in financial management which enables working in the finance department of organizations.

Check out the Universities abroad offering MBA in Finance.

2) Marketing

MBA in marketing is a dynamic, competitive subject that helps a student understand consumer behaviour, marketing, advertising and other important fields. The prospective student needs to have excellent communication skills, and an undying zeal to excel in marketing and resource mobilization skills.

Check out: Universities abroad for MBA in Marketing

3) Human Resource

This specialization includes diversity, labour markets and emerging economics, mergers and acquisitions and international leadership. If you have good communication skills, are social, have a good personality, and are dependable as well as confident, then MBA in Human Resources is for you.

Check out: Universities abroad for MBA in Human Resources

4) Operations

This stream helps you understand production management or shop floor management. You learn how process flows are maintained, and develop vendor and inter-departmental relationships. Most students who have done their graduation in engineering go for an MBA in Operations as it gives them an edge over others in product development design and process optimization.

Check: Universities abroad for MBA in Operations

5) International Business

MBA in International Business provides an in-depth understanding of organizational competencies required by the students for international operations, including specialized functions such as international marketing, import-export laws, finance etc. This degree is not like other MBA degrees where you study a general subject first and then select a specialization. From the first day, the focus of all subjects is on international business.

Check: Universities abroad for MBA in International Business

6) Information Technology

MBA in IT is designed to educate and develop potential managers who effectively manage the planning, design, implementation, selection, usage and administration of information and communications technologies. Some prior knowledge about the IT industry is required to pursue this specialization. IT graduates play essential roles in designing and implementing hardware and software solutions for business problems.

7) Supply Chain Management

This specialization includes inventory management, warehousing and transportation of various materials as required by a client or a company. Supply chain Management specialization can be done by graduates of any stream.

Check: Universities abroad for MBA in SCM

8) Health Care Management

MBA in healthcare covers core business skills and practices in the healthcare industry. It focuses on the particular issues managers may encounter in managerial roles such as hospital administrators, insurance-company executives, medical practice managers etc.

9) Data Analytics

MBA in Data Analytics provides convergence of management and data analysis. It aims at teaching the students the skills to utilize the available data to make prudent business decisions. Data mining, business intelligence, predictive analysis, etc. are some of the courses that are covered under MBA in Data Analytics.

Check: MBA in Data Analytics

10) Oil and Gas Management

MBA in Oil and Gas Management is focused on the oil and gas industry where students are taught to utilize their management knowledge in the petroleum industry. Some of the courses that form a part of the MBA in Oil and Gas Management include energy management, risk management, environmental issues and their management, energy economics, etc.

How to Choose the Best MBA Streams for Stuying?

By now, students must have an idea of the best MBA streams that are offered across top MBA colleges. In this section of the article, let us look at the factors that can influence your selection of your MBA specialization:

• Job Prospects: The most important factor that decides influences your decision to opt for a particular MBA specialization is the job prospect. It is critical to go through the previous placement reports of MBA colleges and identify which job sectors offer good placements.
• Interest: You must look at your likes and dislikes for a particular MBA specialization as well. If you do not enjoy your course, it is likely that you might not commit to it in the long term. Hence, it is very important to look at your interests as well.
• Seek Guidance from Professors: Your professors should be your first point of contact when it comes to the selection of your MBA specialization. It is vital that you take their expert opinion on the best MBA courses in demand in the world.