Don’t want to follow the crowd and pursue a conventional MBA (Management) degree? Contrary to what other people say, you’re not crazy.
A traditional MBA degree works for most people, but it is not the right degree for everyone. If you’re looking for MBA degrees that are less generalized and instead take you into a niche sector, you’ve come to the right place.
In this blog, we’ll keep before you the other alternatives to traditional MBA degrees available in India. Likewise to MBAs these degrees also lead to high paying jobs. In other words, you won’t have to worry about glares from the “society” and you can specialize in a field that you are very particularly interested in.
Oil & Gas Management:
The Oil and Gas industry is one of the six core industries and one of the biggest globally. Further, the demand for this valuable and rare resource is above all (just look at the rising oil prices!). Undoubtedly, an MBA in this field will equip you with the technical and management skills required to better manage this resource. In addition, you will have the high ground whenever there is a debate on surging oil prices. Or gas prices. Or petrol prices.
Colleges in India:
• MBA (Oil and Gas Management), UPES University Dehradun
• MBA Programme, Pandit Deendayal Petroleum University, Gandhinagar
• Management Studies, Rajiv Gandhi Institute of Petroleum Technology (RGIPT)
Power and Energy Management:
The energy sector, for instance, is on the upswing and how! With demands for cleaner and greener fuels and sustainable resources, the energy sector might as well be hailed as humanity’s trump card against the inevitable ice age. Therefore, do this course if you wish to create an impact in tackling the modern challenges of modern civilization. In addition to an MBA, shine the light and pave the way for others to follow!
Colleges in India:
- Post Graduate Programme in Energy Management (PGP-EM): MDI Gurgaon
- MBA – Energy and Environment: Symbiosis Institute of International Business, Pune
- Post Graduate Program in Management (Energy), Great Lakes, Gurgaon
- MBA (Power Management), UPES University Dehradun
Transport & Logistics Management:
Logistics is one of India’s biggest industries and definitely has a significant impact on the Indian economy. In addition, with the recent improvement of the Indian manufacturing sector, there has been a rise in the logistics industry. Consequently, requiring the large-scale transfer of raw materials and finished goods. However, the shipping business has also contributed to this rise by lowering product prices and making it easier than ever to buy products from other marketplaces. Undoubtedly, the transport and logistics business is, for the lack of a better word, very happening.
Colleges in India:
- MBA [Logistics & Supply Chain Management] – Presidency University
- MBA programme in Shipping and Logistics Management – (AMET)
- MBA (Logistics and Supply Chain Management) – UPES University Dehradun
Business Analytics:
How many times have you been told off for being on your phone all the time?
No, this is not a guilt trip. This is just a reminder that all those hours that we spend on our phones are contributing to the big data dump. For example, the analysis of this data dump reveals a lot of information. And consequently, smart businesses use this data to improve their day-to-day operations- to get an idea of exactly who is using exactly what product, how purchasing decisions are made, who is making these decisions and much more. Further, all of this helps the companies to strategize.
This is where Business Analytics comes in. Above all, to make sense of such a humongous amount of data, individuals would need to have technical skills, strategic thinking ability and business acumen. And then they can turn data into something meaningful insights. Additionally, this helps to make informed decisions.
Did the previous sentence describe you perfectly? Did it make the world go round for you? If yes, then go pursue business analytics right now!
Colleges in India:
- Master of Business Administration (Business Analytics) – IIM Bangalore
- MBA In Business Analytics – (SCMHRD) Pune
- MBA in Business Analytics – BITS Pilani
- MBA Business Analytics – (NMIMS) Mumbai
- MBA BA – IIM Amritsar
- Post Graduate Diploma in Business Analytics (PGDBA) – IIM Calcutta
- Advanced Management Programme in Business Analytics – ISB Hyderabad
Agri-Business Management:
Feeding the people of the world is a daunting task, for example, right from the procurement of raw materials to make sure that proper yields are formed. It is one heck of a journey. Agriculture business management is a specialised degree that concentrates on the business side of agriculture production and its international trade. The world needs people to manage its food, or else we run out of it completely. And to be a hero you need not wear a cape. All you need is an MBA in Agriculture business management.
Colleges in India:
- PGP-FABM, IIM Ahmedabad
- PGP-ABM, IIM Lucknow
- MBA-Agri Business, Symbiosis Institute of International Business
Sustainable Development Management:
Obviously, sustainability careers cause the intersectionality of people, planet, and profit commonly referred to as the triple bottom line. Sustainable management is a job role that is responsible for integrating and managing the organization’s sustainability plan.
For instance, through reduced risk, and cost savings, sustainable management contributes to an organization’s long-term performance and resilience. With many companies turning to sustainable development, there is a dearth in the number of experts in this field. Therefore, do sustainable development management and be the expert that all industries will need in the future?
For example, some programmes have a strong emphasis on entrepreneurship, leadership, and green technology, as well as conventional subjects. That’s the best of both worlds. Finally, You won’t have to compromise your conscience to get an MBA!
Colleges in India:
- PGP Sustainable Management, IIM Lucknow – Indian Institute of Management
- MBA Business Sustainability, TERI SAS New Delhi – TERI School of Advanced Studies
- Post Graduate Diploma in Sustainability Management, NITIE Mumbai – National Institute of Industrial Engineering
- PGPDM – Post Graduate Programme in Development Management, SP Jain Institute of Management and Research, Mumbai
MBA in Family Business Management:
According to The Economist, family-controlled corporations now account for 19% of Fortune Global 500 companies. Additionally, 67% of businesses in India are operated by families. By 2025, McKinsey projects that of the possible 15,000 companies worldwide with at least $1 billion in annual revenues, 37% will be emerging-market family firms.
Most importantly, many enterprises are operated by families, but not all are well-organized. Therefore, get an MBA and be the child your family will be proud of and graduate with an MBA in Family Business. Take your family business to new heights and be the apple of everyone’s eyes.
Colleges in India:
- MBA – Entrepreneurship & Family Business, NMIMS School of Business Management, Mumbai
- Management Programme for Entrepreneurs and Family Business (MPEFB-12) – IIM Bangalore
- PG Programme in Management for Family Business (PGP MFAB) – Indian School of Business Hyderabad
- Post Graduate Certificate in Family Business Management by S.P. Jain Institute of Management and Research (SPJIMR)
- IIM Calcutta – Post Graduate Certificate in Family Business Management
Public Policy and Management:
This course deals with public policy and governance wherein students will get an in-depth understanding of how governing a society works and how policies are made. However, if bureaucracy is your jam, then why not do an MBA in it?
For instance, you will get to learn policy formulation, innovation, service delivery, legal issues, and public policy regulation, in addition to classic management subjects.
Colleges in India:
- Post Graduate Diploma in Management – Public Policy and Management (PGDM-PPM), MDI Gurgaon
- Post Graduate Programme in Public Policy and Management, IIM Bangalore
- JSW School of Public Policy, IIM Ahmedabad
To conclude, MBA is not a one-trick pony. There are a plethora of variations of a traditional MBA. Take all the time you need to choose the one that suits you best. And don’t forget, whatever MBA your heart settles on, 2IIM will help you settle the score with CAT – Purvesh
Purvesh is a bibliophile currently pursuing MBA at IIT Madras
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