Which is the Highest Paying MBA Specialization?

3,388 Views Updated: 22 May 2018
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Which is the Highest Paying MBA Specialization?

Are you planning to pursue a career in management? If yes, then you might be confused about which course you should go for? When you want to pursue a career in management, the first course that comes up is Master of Business Administration (MBA). It is one of the most sought after courses.

Once you decide that you want to pursue MBA, you have to choose which MBA specialization you want. This article discusses which MBA specializations are in high demand, which is the highest paying MBA specializations and which helps in reaping the maximum benefit in future.

How To Choose An MBA Specialization  

It can get a bit confusing when you have to make such crucial career choices. When it comes to choosing a specialization for an MBA, the choice becomes all the more difficult. You should be clear about your career goals so that you know what you are getting into. If this is not the case with you, then you need to do some research work. 

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Best MBA Specializations

Some of the best MBA specializations are also the highest paying MBA specializations. If you’ve got money on your mind, then you should choose the highest paying MBA specializations. But make sure, you should also have a certain amount of interest in the subject. The best MBA specializations include "Finance, Marketing, Human Resources, Entrepreneurship, International Business, Strategy, and Operations". The scope of these specializations is huge. 

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Highest Paying MBA Specialization

The market is brewing with MBA graduates. But only a few of these MBA graduates are working at some of the highest ranking companies. This is because of sheer hard work and also because they chose some of the highest paying MBA specializations. The following list shows you which are the highest paying MBA specializations:

#1. MBA in Environmental Management, Clean Energy & Sustainability: Issues related to the environment are on the rise. So, the demand for MBA graduates with this specialization is on the rise. Clean-Tech Entrepreneurship, Law, Policy, and Management, Environmental Management Implementation are some of the courses that come under this specialization. 

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(Image Courtesy: Toyota)

#2. MBA In Healthcare: The healthcare sector is booming currently. Hospitals require people who have a background in healthcare and can manage their daily operations. It is one of the highest paying MBA specializations. Healthcare Law and Regulation, Modeling and Analysis of Health Care Data, Healthcare Operations, Healthcare Innovation and Evaluation are some of the courses for people who have a medical background. 

#3. MBA In Marketing Management: An MBA in marketing has always been one of the highest paying MBA Specializations. It further enhances the scope for several marketing niches including content strategy, digital, offline and such. 

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#4. MBA In Science, Technology, Engineering, and Math: Due to the everyday changes in technology, this has become one of the highest paying MBA specializations. Law, Regulatory, and Ethical Environment of Business, Information Technology and Operations Management are some of the courses which can help you in pursuing a degree in MBA under this specialization. 

#5. MBA In Strategy, General & Strategic Management: Strategy is the key to any successful business. So this has also become one of the highest paying MBA specializations. Competitive Business Strategy, Negotiations and Bargaining, Business Strategy and Stakeholder Responsibility are some courses that will help you if you choose this as your MBA specialization. 

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(Image Courtesy: Strategic Management)

So there you have it; some of the best and highest paying MBA specializations. Which is the highest paying MBA specialization according to you?

(Featured Image Courtesy: Information Planet)

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