Top fields to pursue MBA after management examination
Getting management positions in top companies is the career objective of aspiring youth today. The first step in this journey after graduation is to acquire an MBA degree from a reputed B-school. There are various MBA entrance exams conducted by the top management institutes in India. Among these MBA entrance exams, an exam like CAT is conducted for all the top B-schools while others like XAT is for admission to specific colleges only. To get admission in the best MBA college, you should be aware of the top MBA entrance exams conducted in India.
Read this article to know about the top MBA exams as well as top fields to pursue MBA after successfully cracking management examination.
Top MBA exams in India
Below given is the list of top MBA exams conducted in India for admission to different B-schools. The table with the exam dates will help you decide which exams you should appear for to get admission to your dream college.
CAT Exam - Conducted by any of Indian Institute of Management, CAT score is accepted by 20 IIMs and 100+ B-schools in India.
XAT Exam - This is one of the oldest management entrance exams conducted by XLRI. XAT exam score is accepted by more than 70 B-schools in India.
MAT Exam - All India Management Association (AIMA) conducts this exam four times in a year for admission in several business schools and associate universities across India. The MAT exam is one of the most popular MBA exams in India.
SNAP Exam - Symbiosis International University is the organizing body for SNAP exam. The exam is conducted for admission in different management courses offered by Symbiosis.
CMAT Exam - This is a national-level management entrance exam conducted by the National Testing Agency (NTA). CMAT exam score is accepted by 100+ B-schools accredited by the council.
IIFT Exam - Indian Institute of Foreign Trade for MBA (IB) conducts IIFT every year for admission in its three campuses: Delhi, Kolkata and Kakinada. This is considered a good option for candidates who want to pursue an MBA in international business.
Top 5 MBA courses in India
When it comes to the selection of the right field from the MBA course list, candidates usually get confused due to so many options. So just having knowledge of MBA exams is not enough. Along with the list of exams, you should also be aware of MBA streams to utilize your score for admission to the right course. Enough scope in almost every field further makes it difficult for the students to decide in which stream to pursue an MBA degree. So, to reduce your anxiety related to the selection of the right MBA field, here we bring you the list of top five MBA specializations popular across the country.
1. General Management
Among all the MBA specializations, general management is one of the most popular fields due to its wide acceptance. In this field, students learn a variety of management skills, which they can easily apply in any industry and in any department including human resource, marketing and UX to name a few.
2. MBA in Finance
This is one of the most popular and highly opted for specializations in management colleges. Students opting for this field learn financial management to get a well-paying job in the finance department of any organization. Insurance, banking, mutual fund, stock exchange and financial consulting are some of the major avenues for students who want to pursue an MBA in finance.
3. MBA in IT
Graduates who want to make a career in designing, development, information technology or UX can opt for an MBA degree in IT or Technology Management. Computer security, legal and ethical business practices, management of information systems, database management, information technology infrastructure and financial analysis of technology managers are some of the areas you will get exposure to as a pursuant of MBA in IT. MBA in IT also helps candidates learn how to manage data movement within companies and into the world.
4. MBA in HR
Students who want to make career workforce diversity management and management of demand and supply of labour markets in the emerging economies should opt for MBA in Human Resource Management (HRM). This field makes a good choice for candidates with strong communication skills, charismatic personality and confidence. Further, the students opting for this stream should be interested in probing in the psychology of employees and helping them grow in the organization. Recruitment, talent management, retention management and reward management are some of the operations you will be required to handle as an HR.
5. MBA in International Business (IB)
With the reducing global boundaries and opening up of world economies, MBA in International Business has emerged as a demanding field among the management students. During the course, students get a deep understanding of the organizational capabilities needed for international operations through a focus on international marketing and focus. Export and import management, foreign exchange management, international finance, international logistics and international marketing are some of the major functions of students joining an organizational as an MBA in IB.
How to choose an MBA field for you?
As there is a huge pool of MBA specializations to choose from, getting confused is common. Here are some factors keeping in the mind can help you choose the best option for you:
- Look at the scope of every specialization and go with the one with the widest scope
- Understand the difference between MBA and PGDM as there is a time difference between both and go with the one as per availability of time with you
- Look at the reputation of the B-school offering the course of your choice. Go with the one specialized in your choice like IIFT for MBA in International Business
- Opt for an MBA specialization with the scope of getting a better job
As the preparation of most of the MBA exams is on the same lines, you should apply for more than one entrance exams like MAT, XAT, CMAT etc. It will boost your chances of getting admission in any of the top management colleges in the field of your choice.