The alluring world of management is enticing enough to attract students from all disciplines alike, science, commerce and humanities.<\/p>\n
Most MBA students have not just qualifications in commerce and economics, but also in science, technology, finance, and media, consulting and even military. The MBA degree offers specialisation to help students gain in-depth knowledge and expertise in different domains of business. It is no wonder that the specialisations in management are getting broader and more comprehensive each year, with over 30 streams available in India to choose from.<\/p>\n
As the domain of business diversifies and changes colours, the prospects of specialisations too alter over time. What was highly relevant years back may not hold a promising future some years hence. So instead of settling for the established or safer path, why not explore some new and exciting (yet rewarding) options?<\/p>\n
Let\u2019s look at 6 emerging MBA specialisations that hold amazing potential in the times to come.<\/p>\n
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Recommended Read:\u00a0MIM Vs. MBA: 10 Crucial Differences to Help You Choose Between the Two<\/a><\/p><\/blockquote>\n
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1. Communication Management<\/h3>\n
At the intersection of interpersonal skills, communication, analytical thinking and creativity, lies the field of marketing and communications.\u00a0An MBA in Communication Management will help you equip yourself with the skills to leave your mark in all communication-driven careers, such as advertising, brand communication, public relations, media and entertainment management, marketing and digital marketing.<\/p>\n
This course prepares you for managing strategic marketing and communications in an organization, with a focus on learning brand management, marketing research and analytics, digital communications management, advertising, media management, corporate communications, and more.<\/p>\n
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Communication Management Colleges in India<\/h5>\n
Some of the institutes offering MBA in Communication Management or Media Management in India are-<\/p>\n
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- Mudra Institute of Communication Arts, Ahmedabad (MICA)<\/li>\n
- Symbiosis Institute of Media and Communication, Pune and Bangalore<\/li>\n
- Welingkar Institute of Management Development & Research, Mumbai<\/li>\n<\/ul>\n
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Career Opportunities in Communication Management<\/h5>\n
Once you graduate, it opens up opportunities as Brand Manager, Copy Writer, Media Marketing Professional, Creative Director,\u00a0 Social Media Manager, Content Marketing Manager, Public Relations Professional, Advertising Professional, Digital Marketing Manager, Marketing Communications Manager, Sales Manager, Corporate Communications Manager, Marketing Analyst, Market Researcher,\u00a0 and many more.<\/p>\n
Opportunities are available in marketing agencies, advertising agencies, media houses, event management companies, PR agencies, brand consulting agencies, FMCG, retail and e-commerce companies, etc.<\/p>\n
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Recommended Read:\u00a0Marketing in the New Age: All About a Career in Digital Marketing<\/a><\/p><\/blockquote>\n
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2. Fashion and Luxury Brand Management<\/h3>\n
With an expanding global market for fashion and luxury brands, there is a great requirement for professionals who understand the management, heritage and culture of luxury and fashion goods and services. Individuals with great innovation and creativity with skills in media, product design, brand experience and service development are in great demand in global fashion and luxury brands sector. Newer brands are looking for creative people who can use innovative marketing campaigns to establish their brands and help them compete with established ones. The older brands want to explore newer markets that are beyond their traditional domains.<\/span><\/p>\n
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Luxury Brand Management Colleges in India<\/h5>\n
A number of institutes have introduced Fashion and global luxury brand management courses in India, some of them being:<\/p>\n
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- Indian Institute of Management (IIM), Ahmedabad<\/li>\n
- P Jain Institute of Management & Research, Mumbai<\/li>\n
- Pearl Academy of Fashion, New Delhi<\/li>\n
- Luxury Connect Business School, Gurugram<\/li>\n<\/ul>\n
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Career Opportunities in Luxury Brand Management<\/h5>\n
Upon successful completion of this course, you can be absorbed as product manager, branding and marketing consultant, visual merchandiser, communication and PR managers, marketing managers, fashion retail manager for luxury brands.<\/p>\n
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Recommended Read:\u00a0Style Speaks: 10 Careers in the Fashion Industry in India<\/a><\/p><\/blockquote>\n
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3. Agri-Business Management<\/h3>\n
The agricultural sector makes a 23% contribution to our GDP. Despite being a predominantly agricultural economy, India still has the most nascent agricultural practices and needs a scientific and systematic approach for an overhaul. Agribusiness\u00a0is a sub-field of business\u00a0management\u00a0that deals with making a profit from agriculture and corporate farming. It involves the management\u00a0of agronomic equipment and technologies, raw materials, crop production, suppliers, workforce, seed supply, as well as marketing and retail sales of agricultural products.<\/p>\n
Urban Farming and green farming are upcoming trends in India, which are shifting back the focus back to farming, making it an extremely promising sector in the years to come. An\u00a0MBA\u00a0degree in\u00a0Agribusiness\u00a0offers golden opportunities to be involved in various areas of\u00a0agriculture\u00a0such as finance, production and land\u00a0management.<\/p>\n
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Colleges for Agriculture Management in India<\/h5>\n
Some of the institutes offering courses in agriculture management studies in India are:<\/p>\n
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- Indian Institute of Management (IIM), Ahmedabad<\/li>\n
- Indian Institute of Management (IIM), Lucknow<\/li>\n
- Welingkar Institute of Management, Mumbai<\/li>\n
- Symbiosis Institute of International Business (SIIB), Pune<\/li>\n
- Amity Institute of Organic Agriculture, Noida<\/li>\n
- Garware Institute of Career Education and Development, Mumbai<\/li>\n
- Veer Bahadur Singh Purvanchal University (VBSPU),Jaunpur<\/li>\n
- National Institute of Agricultural Extension Management (MANAGE), Hyderabad<\/li>\n<\/ul>\n
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Career Opportunities in Agri-Business Management<\/h5>\n
After an MBA in Agri-Business, you can look forward to a career in business analysis, international business,\u00a0banking\u00a0and lending, farm or ranch\u00a0management, financial\u00a0consulting, commodity trading or agri-marketing. You can look at employment in both the private and the government sectors (organisations such as NABARD, FCI or FACT). Besides, you always have the option of setting up your own agribusiness. There are great work opportunities abroad as well in the agricultural sector.<\/p>\n
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Recommended Read:\u00a0Not Just Farming: 9 Upcoming (and Promising) Careers In Agriculture<\/a><\/p><\/blockquote>\n
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4. Sustainable Development Management<\/h3>\n
The atrocities done on our planet with the increasing pressures of urbanisation and development necessitate the integration of sustainable development. Sustainable development\u00a0is one that meets the needs of the present without compromising the ability of future generations to meet their own needs.<\/p>\n
Till a few years back, sustainability management meant only compliance with government rules and regulations, but now its scope has broadened considerably. Today a sustainability manager needs to contribute to important business decisions based on long-term business goals involving social impact as well.<\/p>\n
An MBA in Sustainability Management revolves around environment safety, industrial equipment management and their environmental impact and compliance, business ethics, CSR, and making business processes sustainable for the longer term.<\/p>\n
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Colleges for Sustainable Development Management in India<\/h5>\n
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- Indian Institute of Management (IIM), Lucknow<\/li>\n
- NITIE, Mumbai<\/li>\n
- Xavier School of Sustainability, Odisha<\/li>\n
- Tata Institute of Social Sciences, Mumbai<\/li>\n
- The Energy and Resource Institute (TERI), Delhi.<\/li>\n<\/ul>\n
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Career Opportunities in Sustainability Management<\/h5>\n
Students can find employment in a wide variety of businesses. Though it is early days for sustainability as a core business tenet in India, it is sure to become a part of the DNA of every global company quite soon. People with a science or engineering backgrounds should look towards it with greater interest.<\/p>\n
Job opportunities in this management specialisation exist as Ecologist, Sustainable Development Manager, Environmental Manager, Energy manager, Nature Conservation office, Environmental Education Officer\u00a0in the Private sector, international non-governmental organizations and government departments.<\/p>\n
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