Even at a time when new specializations in MBA are coming up, MBA in marketing, one of the oldest ones continues to retain its glory. The following post explores as to why one should pursue an MBA in marketing and top MBA colleges in Mumbai. Read on to know more.
Earning an MBA degree is not only challenging but also expensive. However, come what may, we have to admit that MBA is a prestigious degree and if pursued form a well-known institute, definitely gives and edge above other candidates while it comes to job search. While initially MBA offered specializations in streams like Finance and Marketing, today students can choose to specialize in streams like retail management, IT, fashion and so on. However, craze or the demand for an MBA in marketing remains like never before.
Why should you Pursue an MBA in Marketing?
While a specialization in marketing is one of the oldest options, there are quite a few benefits for pursuing an MBA in marketing. So what are the reasons for pursuing an MBA in marketing? Here are the reasons:
Apart from the traditional course, MBA in marketing offers increased career opportunities in a variety of fields.
Completing an MBA in marketing always stands the chance of pushing your career further. The myriad knowledge, qualities as a leader that one learns while pursuing a specialization in marketing (MBA), ensures that they are prepared fully and armed better in order to face the marketing world with more élan. With relevant professional experience, MBA in marketing graduates can climb up to the ladder in the professional domain. Brand managers, business developers, company directors are some of the options available for marketing professionals in the segment.
Increase in Salary
Well, when it comes to payment options, marketing happens to be one of the well-paid fields. Depending upon the designation and organization, marketing professionals can end up earning somewhere between INR 5 lakhs to INR 15 lakhs per annum. With the passage of time and with relevant experience, salary levels can go up to an even higher percentage.
Top MBA Colleges in Mumbai
Mumbai has some of the well-known management institutes that offer an MBA degree. So what are these top colleges from where one can pursue an MBA in management? Take a look.
- Narsee Monjee Institute of Management
Founded in 1980, Narsee Monjee Institute of Management (NMIMS) is one of the most coveted management institutes in Mumbai. Years down the line, the institute has earned for itself a reputation that is par excellence. In 2003, the institute was granted the status of a Deemed University by the UGC, thus enabling it to rant full-fledged degrees to its candidates. NMIMS has centers in Mumbai, Shirpur, Hyderabad and Bengaluru.
- Jamnalal Bajaj Institute of Management Studies
Also referred to as JBIMS, Jamnalal Bajaj Institute of Management Studies is the Department of Management Studies at the University of Mumbai. Founded in 1965 in collaboration with the Graduate School of Business, Stanford University, JBIMS is one of the most reputed management institutes not only of Mumbai but all the entire country. Rooted in Indian ethos, the institute has successfully met with the emerging challenges along with liberalization and globalization.
JBIMS’ main objective is to come up with an indigenous exemplary of management education that is in tune with the contemporary times. Considered one of the premier management institutes of India, JBIMS has also been rated as one of the top 25 B-Schools among the Asia Pacific region. The programme titled Masters in Management Studies is one of the most promising educational programmes in the milieu of management studies.
- SP Jain Institute of Management and Research
Established in 1981, SP Jain Institute of Management and Research (SPJIMR) is another well-known management institute in Mumbai. Recognised as a premier B-School of Mumbai as well as India, SPJIMR has consistently been cited as one of the top 10 B-Schools. The management programme offered by the institute is unique and innovative and operates on the grounds of value-based growth.
While the above-mentioned institutes are to name a few; other MBA colleges in Mumbai where a specialization in Marketing can be opted for are
- GNVS Institute of Management
- IES Management College and Research Centre
- Welingkar Institute of Management
In present times, when changes are seen happening at a rapid pace, certain attributes of the past continue to retain its glory. The field of management education is no exception. Though, new specializations begin to appear, the traditional specialization on MBA in marketing will continue to be lauded as one of the most coveted management courses.