The 25 Highest-Paying MBA Specializations are ranked based on average salary, using data from Payscale.

What are Considered the Most Difficult Jobs in the Field of Psychology?

1. Parapsychology. By its very nature, parapsychology is even more vague than “traditional” mental health practices.
2. Forensic Psychology. Practitioners of forensic psychology are often called profilers.
3. Those Who Focus on Rare Disorders.

Most In-Demand MBA Specializations

1. General Management. Of all the specialized MBA programs, General Management is consistently one of the most popular.
2. International Management.
3. Strategy.
4. Consulting.
5. Finance Leadership.
6. Entrepreneurship.
7. Marketing.
8. Operations Management.

1. Business Analytics – $126,000.
2. Information Technology – $110,000.
3. Real Estate – $102,000.
4. Entrepreneurship – $100,000.
5. Economics – $99,000.
6. Consulting/Corporate Strategy – $98,000.
7. Finance – $98,000.

A number of MBA specializations in demand include fields like Marketing, Finance, International Business, Human Resources Operations Management, Information Systems and Supply Chain Management. This reflects the increasing role of interdisciplinary paradigm in industry and corporate sector.

• Specializations Overview.
• Highest-Paying MBA Concentrations.
• Healthcare Management.
• Accounting.
• Real Estate.
• Marketing.
• International Business.
• Information Technology.

If you’re interested in a specific industry or profession, a specialized MBA can give you more targeted management experience. Similarly, if you already have an idea of the career trajectory you want to pursue upon graduation, a specialized MBA can give you more of a head start than a general program would.

Some of the popular MBA specializations include Finance, Marketing, Human Resources, Operations and Supply Chain, International Business, Retail Management, to name a few….FAQs.

WHAT ARE THE MOST DIFFICULT CLASSES IN AN MBA PROGRAM?

• Accounting & Economics. Despite the strong analytical focus of a Master’s degree in business administration, many people enter into this program without understanding the extent to which numbers, mathematics and statistics will be heavily involved.
• Management Communications.
• Capstone Courses & Practical Projects.

Here’s five MBA specializations to consider for 2019:

1. Technology. One of the most difficult skills to recruit for this year is big data analysis, according to the Financial Times 2018 MBA Skills Gap survey.
2. Finance.
3. Entrepreneurship.
4. Marketing.
5. Healthcare Management.

MBAs are great for a career change and thriving business opportunities. Graduates of part-time or full-time MBA programs have higher chances of holding a high-level management position and enjoying successful MBA careers. Over 50% of MBA graduates worldwide are senior managers or board directors.

Job Opportunities after MBA in India and Career Scope: MBA graduates can find jobs in banks, insurance companies, security firms and various financial organisations. Some of the top companies that offer jobs in this domain are Barclays, RBS, Nomura, JP Morgan, Goldman Sachs etc.

Before replying why, we would like to give you certain statistics. Harvard Business School, for example, reported a 4.5% decrease in applications for 2018 year’s entering class. 93 per cent MBA graduates are unemployable in India as per TOI.

Common criticisms of M.B.A. programs

• Costs of study- Studying for an M.B.A. can be expensive.
• Limited skill development- Students studying for an M.B.A.
• Lack of specialization- Those who decide to study for an M.B.A.
• Uncertain return on investment- Because of the high costs of M.B.A.

An MBA might help in getting a job interview, but it will not guarantee the applicant will land that job. On the other hand, people with work experience looking to give their career a boost can open avenues for growth and promotion with a part-time or EMBA program. Graduating with an MBA can earn you a higher salary.

An MBA may not be relevant to the job you truly want. An MBA education focuses on standard business skills, like accounting, finance, operations, and marketing, but it also focuses on key skills like critical thinking and analytical skills. In many industries, an MBA won’t be useful to your career advancement.

Earning an MBA is intense, and there will be stressful moments no matter what you do. Making your MBA experience a success depends upon a thoroughly researched understanding of how your program’s resources can help you achieve your professional goals.

Lack of sleep and the overwhelming work induces tremendous pressure on the students. Some of the students even question their decision of joining IIM. When you get selected into IIM or any premier B-School, it is probably a big deal, and expectations of your family, friends and yourself are high.

Even though an IIM MBA needs more brains and well execution of your goals and targets, looks should be the last thing that should stop you from going ahead taking the seat.. There are a lot of people around who can transform completely the way you look… So there is nothing about it to feel low.

The reason: hefty fees for its various management programmes. Let us have a look at the Fee Structure of some of the IIM and Non-IIM institutes, to give you an understanding of the amount of expenditure you would incur while going for an MBA in general, from either IIM or Non-IIM Institutes.

Opportunity cost An MBA programme is designed to develop candidates’ skills in certain domains. So, the tuition fee for an MBA course also includes an Opportunity Cost. This cost is the foregone salary, professional experience and perhaps a promotion.

The average age of MBA applicants is around 27.5 years, so if you are between 26 and 29, you are right in the sweet spot. Applying during this window is generally a good idea, mostly because it’s what the schools expect to see.

IIMs unlike the IITs don’t receive any funding from central/state government. There are some reasons why IIMs charge this exorbitant amount of fees from the students: The students in IIMs get the contextual analyses from Harvard, Standford and Ivory, which are very costly but extremely productive and justified.

IIM MBA fees ranges between Rs 11-23 lakh. IIM Bangalore raised MBA fees from Rs 21 lakh to Rs 23 lakh on par with IIM Ahmedabad and IIM Bangalore. IIM Lucknow increased its MBA fees from Rs 14.16 to whopping Rs 19 lakh while IIM Rohtak’s increased its fees from Rs 13.8 lakh to Rs 15.2 lakh.