Specializations Offered in MBA Programs by IITs: Which One is Right for You
IITs ( Indian Institutes of Technology) are offering various MBA specializations that blend management studies with technological aspects. IITs are primarily associated with engineering and technology, but now management institutions linked with these IITs namely, IIT Delhi (DMS), IIT Bombay (SJMSOM), IIT Kharagpur (VGSOM), and others offer a variety of specializations to meet the evolving demands of industries. Choosing the right specialization program will empower professionals and make them stand out from the competitive industry scenario. Let’s explore all those specializations offered by these institutes and the factors that influence your choice.
MBA specializations offered by IITs
MBA in Marketing
An MBA in marketing is a Master of Business Administration degree specialized in the area of marketing. The course takes two years and provides business-centered education. Technical marketing skills are taught by an MBA in marketing to you and are highly in demand. An MBA graduate can have numerous career paths based on interests.
IITs Offering it : Prominent in IIT Delhi and IIT Bombay programs. The following table with all the details about the program, would clear all your doubts relating to the program:
| Course Terms |
Details |
|
MBA in Marketing
Full Form
|
Master of Business Administration in Marketing |
|
MBA in Marketing
degree Type
|
Postgraduate |
|
MBA in Marketing
Course duration
|
2 years |
|
MBA in Marketing
Eligibility criteria
|
Bachelor’s degree in any stream |
|
MBA in Marketing
Admission process
|
Entrance exam
+
GD/PI ( may vary according to Institution)
|
|
MBA in Marketing
Course fee
|
10-15 lakh for two years |
|
MBA in Marketing
Average salary
|
INR 8 Lakh Per Annum (LPA) |
|
MBA in Marketing
Job profiles
|
Brand Manager, Digital Marketing Manager, Product Manager, or CRM Specialist across industries such as FMCG, e-commerce, and technology. |
MBA in Finance
MBA in Finance is a 2-year postgraduate course that provides a specialized knowledge in understanding of financial management, investment strategies, and the functioning of financial markets, preparing graduates for high-level financial roles.
IITs Offering It: Most IITs with MBA programs, including IIT Bombay, IIT Delhi, and IIT Kharagpur.
The following table with all the details about the program, would clear all your doubts relating to the program:
| Course Terms |
Details |
| MBA in Finance Full Form |
Master of Business Administration in Finance |
| MBA in Finance degree Type |
Postgraduate |
| MBA in Finance Course duration |
2 years |
| MBA in Finance Eligibility criteria |
Bachelor’s degree in any stream |
| MBA in Finance Admission process |
Entrance exam
+
GD/PI ( may vary according to Institution)
|
| MBA in Finance Course fee |
10-15 lakh for two years |
| MBA in Finance Average salary |
INR 8 Lakh Per Annum (LPA) |
| MBA in Finance Job profiles |
Financial Analyst, Investment Banker, Portfolio Manager, Corporate Finance Manager, Risk Manager, CFO. |
MBA in Operations and Supply Chain management
An MBA in Operations and Supply Chain management is a 2-year postgraduate that forms a backbone of a successful startup. IITs Offering It: A core strength in programs like IIT Kharagpur and IIT Madras.
The following table with all the details about the program, would clear all your doubts relating to the program:
| Course Terms |
Details |
| MBA in Operations Full Form |
Master of Business Administration in Operations and Supply Chain management |
| MBA in Operations degree Type |
Postgraduate |
| MBA in Operations Course duration |
2 years |
| MBA in Operations Eligibility criteria |
Bachelor’s degree in any stream |
| MBA in Operations Admission process |
Entrance exam
+
GD/PI ( may vary according to Institution)
|
| MBA in Operations Course fee |
10-15 lakh for two years |
| MBA in Operations Average salary |
INR 8 Lakh Per Annum (LPA) |
| MBA in Operations Job profiles |
Supply Chain Manager, Operations Analyst, Logistics Manager, Procurement Specialist, and Process Improvement Consultant across industries like manufacturing, retail, and e-commerce. |
MBA in Technology Management
The MBA in Technology Management is a 2-year MBA specialized postgraduate program, designed to prepare you to lead tech-driven projects, manage IT teams, and integrate new technologies like AI and blockchain into business strategies. This area covers the lifecycle of product development, from ideation and R&D to market launch and scaling, as well as managing technological disruption in business models. It continues to be in demand with emerging technologies. IITs Offering it: IIT Bombay and IIT Delhi are known for this.
The following table with all the details about the program, would clear all your doubts relating to the program:
| Course Terms |
Details |
| MBA in Technology Management Full Form |
Master of Business Administration in Technology Management. |
| MBA in Technology Management degree Type |
Postgraduate |
| MBA in Technology Management Course duration |
2 years |
| MBA in Technology Management Eligibility criteria |
Bachelor’s degree in any stream |
| MBA in Technology Management Admission process |
Entrance exam
+
GD/PI ( may vary according to Institution)
|
| MBA in Technology Management Course fee |
10-15 lakh for two years |
| MBA in Technology Management Average salary |
INR 8 Lakh Per Annum (LPA) |
| MBA in Technology Management Job profiles |
IT Manager, Product Manager, Technology Consultant, Business Analyst, Data Strategist, and Digital Transformation Lead |
MBA in Strategy and Innovation
An MBA in Strategy and Innovation from IITs focuses on developing strategic thinking, problem-solving, and leadership skills while fostering a culture of innovation. While no IIT explicitly names the program "Strategy and Innovation," many offer this specialization through electives, modules, or focus areas. Here’s an overview:
| Course Terms |
Details |
| MBA in Strategy and Innovation Full Form |
Master of Business Administration in Strategy and Innovation |
| MBA in Strategy and Innovation degree Type |
Postgraduate |
| MBA in Strategy and Innovation Course duration |
2 years |
| MBA in Strategy and Innovation Eligibility criteria |
Bachelor’s degree in any stream |
| MBA in Strategy and Innovation Admission process |
Entrance exam
+
GD/PI ( may vary according to Institution)
|
| MBA in Strategy and Innovation Course fee |
10-15 lakh for two years |
| MBA in Strategy and Innovation Average salary |
INR 8 Lakh Per Annum (LPA)
|
| MBA in Strategy and Innovation Job profiles |
Strategy Consultant, Innovation Manager, Corporate Strategist, Business Development Manager, Product Manager, Entrepreneurship or Venture Leadership. |
IIT MBA program choices
Choosing one from the best options can be challenging. Well, selection of the right MBA Specialization would impact the future of an aspiring graduate. Choosing the right career path through a well-chosen MBA specialization will allow you to gain expertise over skills that align with your passion and long-term goals. Now, you might be thinking how to choose one? Well, it just depends on some factors. These are as follows:
- Career Interest and Goals: Just think of which position you want yourself to be in your future. Your interest should align with the specialization you want to pursue.
- Research: Once you pick up a specialization that aligns perfectly with your career goals and interest, research about the specialization, get every single detail about it and cross-check if it fulfills what you are aspiring to achieve in your near future.
- Industry Trends: In addition to the above written factors, figure out the industry trends and future potential relating to specialization of your choice. Is there any significant growth or future potential in the chosen specialization?
- Skill set and experience: Have a proper analysis of your current skills and experience, and study how these can align with the specialization of your choice. For example, if you have experience in technical roles and have these skills, choosing Data analytics can be a career advancing choice.
Conclusion:
As businesses are seeking experts who have knowledge in a specialized field of MBA, the demand for MBA specializations would always be on high-rise. IITs are institutions of national importance and pursuing your masters from here would provide a boost to your career. It’s also important that you choose the right specialization that will empower you and make you stand out from the competitive industry scenario. This would also provide you an opportunity to advance your careers with emerging industry trends.
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