The aim of luxury brand management is to keep creating unforgettable experiences. They must engage in the product description, brand experience, and even in service creation, as well as in creativity, media skills and engagements.

Their key goal is to examine the brand’s consumer relationship. They’ll focus on the audience and marketing, as well as do extensive research into how to view brand positioning and convert the leads into sales by their strategies.

The person who works under Luxury Brand management is the Luxury Manager. He or she is responsible for the market research for all the products and even organizes campaigns.

If you have a degree in MBA in luxury brand management, then you are more likely to live one of the most luxurious lives on this earth. You could easily buy the products of the most famous brands like Louis Vuitton, Burberry, and more.

Affording luxuries would be the last thing you would get. With a perfect blend of grades and skills, you could specialize in fashion, food, wine, and more in designs.

This field is so specialized that many schools across the world are offering special programs and are even offering internships to the students or a consulting project in a luxury-related firm.

MBA in Luxury Brand Management Scope

If we are speaking about the MBA in Luxury Brand management then please remember that the reports of High-Income Earners (HNI) have stated that there is an increase of 94% in India’s earning rates.

Countries like China are expected to rise above 74% in their estimation. People all over the world are trying to acquire skills in the field of jewellery, fashion, technology, wine, and even travel.

Is Luxury Brand Management a good career?

As we have headed so much in the topic, then let me give you some more information on the career options in Luxury Brand Management.

If you are a Luxury Brand Manager and live on a pay scale then the average salary of an entry-level is around £32,875 per year (which is enough to live a luxury life). Moreover, you would get the right kind of expertise and have an opportunity to build your professional growth.

What does a luxury brand manager do?

You might be intrigued with what a luxury brand manager does? Well, nothing much authentically. They have worked as a standard office person from 9 to 5, get the work done in the deadlines, and have some extra skills to meet the company’s needs.

They need to meet various people outside the office and get the work done overseas, moreover, they have to be more creative than the normal employee of the company.

There is a list of duties and responsibilities which they need to do.

The duties are-

• To know the core of the audience and know what they can spend on any individual product.
• To know the competitors and should work under the deadline.
• Have to work with other people and teams like the creative development team and even the marketing team to come up with new ideas for the brand and the product.
• Monitoring the needs and the feedback of the customer.
• To coordinate with the departments and come with various brand images and to let it stay intact to the wider section of the society.
• At the end of the product, coming up with a name, services, and even taking a call on the final look and even the product packaging.
• Now, comes the marketing part. Creating a buzz in the industry and even trying to hype the product by arranging launch events.

MBA in Luxury Brand Management in Canada

Canada is one of the most diverse and safest countries in the world, along with the best educational system provided by the country. Many MBA students opt for Canada due to its best MBA universities in the world and the country.

Canada is such a place where it attracts multiple international students across the globe to study there and pursue their higher education. There are several benefits to do MBA in Canada

• Across the globe, it is affordable and globally recognized.
• It will enhance your career opportunities and earning potential.
• They put more practical implementation than the books.
• They even provide internship programs.

Here is the cost of the tuition fees in MBA top colleges-

• Rotman School of Management

Course duration – 2 years

Fee – $84,028

• Queen’s Smith School of Business

Course duration – 1 year

Fee – $71,445

• York University – Schulich

Course duration – 2 years

Fee – $99,400

• McGill Desautel

Course duration – 20 months

Fee – $89,000

• University of Alberta

Course duration – 20 months

Fee – $53,392

• HEC Montréal

Course duration – 1 year

Fee – $33,200

• UBC Sauder

Course duration – 16 months

Fee – $60,440

• Ivey Business School

Course duration – 1 year

Fee – $101,500

You can choose any one of the colleges as they are the best in the best country according to your needs. You can even get scholarships there and can even apply to colleges.

MBA in Luxury Brand Management in the UK

Uk is the most popular country in Europe and across the globe. There are the most acknowledged and prestigious colleges which allow the students to choose the best one.

In the UK luxury marketing is becoming more competitive and more complex which is leading the MBAians an opportunity to grab. They will develop the skills of interacting with digital technology and contemporary culture.

The benefits of learning MBA in Luxury Management in the UK are-

• It will develop analytic skills and even teach you to be creative and have critical thinking for problems.
• Teach you to know the competitors of the global companies and even allow you to collaborate with other classmates and think like an entrepreneur.
• They will teach you how to make a decision and make critical thinking in the context of the luxury market and also teach you to be profitable.

In the tenure, you will be taught to take opportunities and lead them into your profit. During the research session, students will have to apply the theories, concepts and even the frameworks that will be previously taught.

In the MBA in luxury management in the UK, you will have several assessments that will be used in the programme and you will receive group projects like case studies, written courses, applied projects, group presentations, individual examinations and even a researched-based final project.

MBA in Luxury Brand Management in France

France is currently the 20 best countries in economy and even in their higher education learning. France has the best public and private universities in the country that offer MBAs in Luxury Management.

MBA in France

Some of the universities that offer MBA in Luxury Management in France are-

• ESLSCA Business School
• Institut Supérieur de Marketing du Luxe – SUP de LUXE
• ILCI Business School
• IFA Paris
• ESP – School of Communication & Marketing
• CMH
• IPAG Business School
• Mod’Art International Paris

These universities and colleges offer the best MBA in Luxury Management in France. Do check them out.

MBA in Luxury Brand Management in Germany

We all know that Germany is the hub of the business world. There are plenty of international business schools offering MBAs in Luxury Management in Germany. You can get the course full time, part-time and even as an online degree which will double up the career options in the next level.

MBA in Germany

The benefits you would receive in studying MBA in Luxury Management in Germany are-

• There are top business schools which would give you enough exposure and communication and skills.
• The price is affordable which is between 250 to 500 Euros per semester in public universities.
• You can easily get internships in Germany.

Some of the best public universities for MBA in Germany are-

• University of Cologne
• Technical University of Munich
• University of Mannheim Business School
• Ludwig Maximilian University Munich
• HOF University Germany
• RWTH Aachen University
• HWR Berlin

Some of the other business schools for international students are –

• Technical University of Munich
• Frankfurt School of Management
• ESMT Germany
• Mannheim Business School
• WHU Germany
• HHL Leipzig Graduate business school
• University of Cologne Business School
• ESCP Germany
• GISMA Business School Germany
• Business School Pforzheim
• European Business School
• EU Business School Munich

MBA in Luxury Brand Management in the USA

Some of the schools that offer MBA in Luxury Management in the USA are-

• NYU Stern School of Business, New York University
• UCLA University of California, Los Angeles – Anderson School of Management
• Emory University – Goizueta Business School

Read more

Are you planning to pursue MBA abroad? Are you worried about which country is best for MBA Are you struggling with questions like ‘Which Country Is Best For MBA For Indian Students?’, ‘Which Country Is Best For MBA Without Work Experience?’ and ‘Best Country To Study MBA In Low Cost?’. Fret not, in this article we will take a look at some of the top countries offering MBA abroad.

List of Countries that offer top MBA Programs:

United States	United Kingdom	Canada
Australia	Germany	France
New Zealand	Singapore	Switzerland
Netherlands	Ireland	Bangladesh

1. USA: The most popular destination among Indian MBA students

Home to Top Business Schools:

• Not surprising that the USA has figured on the top of the list. With the highest share of universities offering MBA in the top 100 in QS Rankings and THE World University Rankings, it attracts some of the largest student populations from across the world. MBA programs in the USA provide an overall uplift in a candidate’s skills and knowledge and prepare him for a rewarding career in management.

A Rewarding Job Market:

• Cities in the US are headquarters of some of the largest companies and organisations in the world that regularly hire from its top business school for their top business and executive positions. Some examples include Apple, Facebook, Google, Microsoft, Deloitte, Exonn, etc.

Top Professors and Industry-oriented Learning Curriculum:

• The curriculum at a US Business School is much more tuned with the requirements of the industry and therefore continuously refined. Methods of case study, internships, workshops, placements are a significant part of the curriculum. In addition to that, they boast of the top professors in the field.

Course Structure:

• The typical MBA program runs for about 2 years which requires applicants to have a few years of industry experience under their belt. There is also options of Integrated and Dual degree MBAs.

Best know Universities:

Harvard Business School, Harvard University, USA	Booth School of Business, Chicago University, USA
Sloan School of Management, MIT	Kellogg School of Management – Northwestern University, USA
Stanford School of Business, Stanford University, USA	Columbia Business School, Columbia University, USA
Wharton School, University of Pennsylvania, USA

2. UK

World-Class Program Structure:

• In the top 100 business schools featuring in the QS Rankings 2020, almost ten are situated in UK cities. From internationally accredited degrees to world-class professors and acclaimed industry-linked courses to a multicultural environment, the level of education is unequalled. Further, options of MBA in the UK without work experience are also widely available.

Exciting Specializations

• There are more than 30 institutions and universities in the UK which offer around 800 courses in business and management in total, thereby giving a wide variety of choices to the students even after graduation from MBA. Various specializations are provided by the institutions apart from general Finance, Marketing, Human Resource Management and Sales. These specializations range from healthcare management and digital marketing to project management and public administration.

Multicultural Experience

• UK universities offer MBA to students in the English language itself which is why the degree is recognized internationally. There are candidates from innumerable countries and cultural backgrounds and you will get the opportunity to meet other students from different fields and different backgrounds which help in having a multicultural experience.

Top Universities in UK for MBA

• London Business School
• University of Oxford
• King’s College London
• Imperial College
• London School of Economics & Political Science

3. Canada: The second most popular country for MBA

Value for Investment:

• Canadian business schools are a much cost-effective option than other countries. Not only tuition fees, but they also offer student stipends, internships placements and students can work up to 20 hours per week part-time as well. It is the best Country To Study MBA At a Low Cost.

Quality Business Schools:

• Around 6 of the top business schools in the world are situated in Canada as per the QS Global MBA Rankings 2018. They provide students with the best facilities and resources to learn and train along with opportunities to work in the North American business structure.

Large Indian Diaspora:

• The Indian student and resident population is quite significant in Canada which helps in cultural assimilation. Candidates can take advantage of the alumni network of the school as well. There is vibrant music, food and travel culture too.

Course Structure:

• MBA courses are offered as both 2 year and 1-year programs typically depending nature and objectives of the departments. Executive MBA, Integrated MBA and Part-Time courses also attract huge crowds from across the world.

Most Popular Universities:

York University’s Schulich School of Business	Ivey Business School, Western University
Queen’s School of Business, Queen’s University	University of Toronto: Rotman School
Desautels School, McGill University	Desautels School, McGill University
Smith School of Business,	Sauder Business School
University of British Columbia

4. Australia: One of the major study abroad destinations for all of the courses, specifically for MBA.

Globally Appreciated Business Programs:

• MBA courses at Australian business schools are admired worldwide owing to their industry-linked course components. There are about 75 highly reputed recognised MBA programs in Australia with most of them certified from AACSB and EQUIS.

Cross Culture Environment:

• Australian universities boast of quite vibrant and multicultural campuses in the world. This helps in peer learning and building a network as well as in greater communication, team-building, problem solving and management skills. Further, settlement and immigration policies are also quite relaxed.

Partnerships with Other Top B-Schools:

• Through bilateral and multilateral agreements with top business schools in the world, Australian universities offer their students the opportunity to travel and learn throughout the world. There are a plethora of options of exchange programs, abroad placements, research internships, etc.

Course Structure:

• MBA Course offerings in Australia are quite varied and designed for various candidates belonging to different fields and backgrounds. From specialised MBA degrees to open-ended programs, you can choose as per your interests and objectives.

Best Universities:

The University of Sydney Business School	Melbourne Business School
QUT Graduate School of Business	University of South Australia Business School
La Trobe Business School, La Trobe University	Sydney Business School, University of Wollongong
Adelaide Business School, University of Adelaide	UQ Business School, University of Queensland

Which Country Is Best For MBA In Europe?

Going by the Financial Times Global MBA Rankings 2018, as a continent, European B-School MBA constitute about 35% of the top 100 best MBA programs in the world.

With less capital-intensive courses, candidates receive higher value for their investment. Typically, MBA programs in Europe run for 1 year though this is highly flexible. The salary packages of a young MBA professional hover anywhere between $70,000 to $110,000.

5. Germany

Easy on Budget:

• Germany is well-known all over the world for its exceptional student-friendly tuition-fees structure and largely reasonable cost of living. MBA courses though a bit costlier, all things considered, is significantly lower than in other countries, especially the US and UK. Additionally, allowances and scholarships also give you abundant opportunities for additional earnings. Germany is one of the Best Country To Study MBA At a Low Cost.

Numerous Scholarship Openings:

• Germany has a comprehensive scholarship and opportunities portal called DAAD where you can discover various scholarships as per your profile and needs. Students from India may be qualified for several other grants as well.

Language, Not a Barrier:

• Differing from common conceptions, proficiency in the German language is not a strict requirement in the application process and learning for an MBA in Germany. Being proficient in English is enough to start your studies, later the University or College provide German classes. However, there are many opportunities and advantages of learning German as well across Europe.

Best MBA Colleges in Germany

• Here is a list of colleges that offer widely reputed courses of MBA in Germany. While we have focused on Full Time and Executive MBA, there are plenty of options for a Part-time MBA in Germany and an MBA in Germany without GMAT as well.

Course	University	City
MBA	University of Mannheim	Mannheim
Full-Time MBA	European School of Management and Technology (ESMT) Berlin	Berlin
MBA	EBS University of Business & Law	Rheingau-Taunus-Kreis
MBA	Frankfurt School of Finance and Management	Frankfurt
MBA in Healthcare Management	University of Bayreuth	Bayreuth
Executive MBA in Leadership and Logistics	Kuhne Logistics University	Hamburg
MBA	FOM University of Applied Sciences	Esslingen
Executive MBA	Johannes Gutenburg University	Mainz

6. France

Student-Friendly Tuition Fees:

• French colleges regularly figure in the top 10, 20 and 50 institutes in the world in MBA as well as other business/economics master’s degree programs. Having said that, the tuition fees paid by international students is substantially low when put alongside the cost of similar courses in the US, UK or Australia making it one the best country To study MBA In low cost.

Numerous Scholarship Openings

• The French government also offers plentiful scholarships. Scholarships at top French schools include:
• INSEAD GEMBA Scholarships & INSEAD Class of MBA ’65 Scholarships for Diversity
  • Eiffel Scholarship
  • EDHEC Global MBA Scholarships for International Students
  • Erasmus Mundus Scholarships
  • ISM Scholarship

French-An Additional Language

• French is a language of almost 270 million people in close to 30 countries. It is one of the United Nations’ official languages. If you are looking to settle in France, learning the French language will only prove an asset over time in the job market.

Career Outlook

• In terms of career development, during the program, candidates are encouraged to take up part-time jobs for a maximum of 964 hours in a year. This allows you to take up internships, projects and traineeships and gain much-needed industry experience. Moreover, being the headquarters of many successful European corporations such as L’Oréal Paris, Christian Dior, etc., an MBA in France for Indian students makes for an unmissable opportunity.

INSEAD Business School, France	HEC Paris
EMLYON Business School	ESCP Europe Business School
EDHEC Business School	Grenoble Graduate School of Business
ESSEC Business School	University of Nantes

MBA in Abroad Eligibility & Admission

Candidates exploring options to apply for an MBA course in the above countries or others must follow the given procedure. The admission rounds in the USA and Canada run a bit differently than in European countries. Further, for scholarships, you must apply during the Early deadline. Given below are some essential MBA in abroad eligibility conditions.

• Fulfil the minimum MBA in abroad eligibility requirements [bachelor’s qualification, industry experience minimum marks in relevant qualification, etc. as required]. Typically, for MBA programs, 1-3 years of industry experience is recommended.
• English Proficiency IELTS/TOEFL/PTE andAptitude Test GMAT/GRE Scores [as required]
• Submission of complete Application Package [Passport, Statement of Purpose/Personal Statement, Resume/CV, Two/Three letters of Recommendation, Transcripts, Financial Support Statement/Funding Essay (if applying for funding), etc.]
• Application Fee Payment.
• Personal Interview/Group Discussion [if required]
• Usually, your results will be declared within the 2-3 months of applying.
• Deposit the requisite Tuition Fees
• Submit your Student Visa Application of the respective country. [may vary as per Embassy regulations]

Best Country To Study MBA And Settle For Indian Students: Frequently Asked Questions

• Which Country Is Best For MBA In HR…& Other Fields?
• Which Country Is Best For MBA In Supply Chain Management abroad?
• Which Country Is Best For MBA Studies? / Which Country Is Best For MBA Course?
• Which Country Is Best For MBA In Europe for Indian students??
• Which Country Is Best For MBA Without Work Experience?
• Which Country Is Best For MBA For Indian Students abroad?

• Which Country Is Best For MBA In Supply Chain Management abroad?

Ans. USA, UK, Canada and Australia, amongst others

• Which Country Is Best For MBA Studies?/ Which Country Is Best For MBA Course?

Ans. Refer to the above article for a detailed answer.

• Which Country Is Best For MBA In Europe for Indian students?

Ans. Refer to the section on ‘Which Country Is Best For MBA In Europe?’ in the above article for a detailed answer.

• Which Country Is Best For MBA Without Work Experience?

Ans. Countries in Europe like Germany and France as well as Canada are better suited for candidates who are looking to pursue MBA without work experience.

• Which Country Is Best For MBA For Indian Students abroad?

Ans. In terms of quality of education, USA and UK and in terms of cost, Canada and Europe.

Read more

With a greater blending of fields and institutions focusing on making the courses interdisciplinary, there has emerged a range of specializations on offer for MBA candidates. From the core ones of Finance, International Business, and Human Resources to Digital Marketing, Fashion Management, and Communication, amongst others. Further, with the inclusion of concentrations and electives, and dual degree options, there is greater flexibility afforded to students in terms of customization. Some schools go so far as to let the candidates decide what will be the course structure and components. In this article, we will go through some of the best ones, a few emerging ones as well as how you can choose your stream better.

Best MBA Courses In The World: An Overview

To give you an overview, here are some of the interesting options you must consider. If you are struggling with questions like ‘MBA in which field is best’ and ‘best scope of MBA in which field’, the following list will come of great help.

MBA Business Analytics	MBA Human Resource Management	MBA Petroleum Management
MBA Fashion Management	MBA Media Management	MBA Aviation
MBA Event Management	MBA Insurance and Banking	MBA International Business
MBA Hotel Management	MBA Digital Marketing	MBA Sports Management
MBA Operations	MBA Strategy	MBA Consulting
MBA Marketing	MBA Information Technology	MBA Communication
MBA Construction Management	MBA E-Business	MBA Arts and Culture Management
MBA Entrepreneurship	MBA Engineering Management	MBA Rural Management
MBA Sales	MBA Hospitality Management	MBA Healthcare Management
MBA Supply Chain Management	MBA Finance	MBA Accounting
MBA Product Management	MBA Interior Designing

MBA in Hospitality Management

• Refer to the last section for FAQs on ‘What are the best MBA courses in demand in India?’ and ‘MBA in which field is best in India?’

MBA In Which Field is Best in The World: Five Top Options

Marketing: In a typical Marketing MBA program, you will be trained in modern marketing tools and mechanics with a simultaneous focus on advertising, customer engagement and relations, business analytics, marketing management, etc. This degree gears you up for a solid career in FMCG fields, service sector, event management, healthcare, consulting and much more. In addition to that, you will be trained in tackling real-life marketing situations, creating marketing and advertising campaigns, pricing of products, customer research, segmentation and targeting, product development, promotion, etc. as well. This is also one of the best MBA courses in demand in India. Some of the elite institutions that offer this course are:

• MBA Business Marketing at University of Wisconsin Madison, USA
  • MBA Marketing at The University of Adelaide, Australia
  • MBA Marketing at University of Colorado-Boulder, USA
  • MBA/MS in Marketing at Indiana University, Bloomington, USA
  • MBA Marketing at Newcastle University, UK

Some of the top career paths you can choose from are Business Analyst, Project Management, Brand Manager which offer top of the line salary packages along with scope for dynamic growth.

• International Business:

An MBA in International Business revolves around the subject of multinational business process and trade. You will get a thorough insight into training in topics such as purchasing, logistics, international marketing and advertising, foreign trade, globalization and sustainability. The tools of outsourcing, importing and exporting goods are also taught as a part of this course. Moreover, it helps develop a person’s communication and managerial abilities as well as problem-solving and critical analysis skills. Students learn the complexities of foreign trade and business through the duration of the course. As there are numerous allied fields such as international economics, globalisation, Trends and Innovation in International Business, Emerging Markets, International Trade Organisations, etc.

• Global MBA at University of Michigan-Ann Arbor
• Global Executive MBA – Master of Business Administration, University of Washington, USA
• MA in International Relations/MBA – Master of Business Administration, Boston University, USA
• Master of Business Administration with Specialization in International Business, University of Calgary, Canada
• Global MBA – Master of Business Administration, George Washington University, USA

Some of the top job profiles include Banker, International Business Consultant, Global/Regional Marketing Manager, Business Development Manager, Export Executives, etc.

• Operations: An MBA in Operations or Operations Management is a specialised management degree that centres on streamlining the various constituents of operations in an organisation. There are several departments or verticals in a business entity that needs to be  efficiently managed in tandem and with precise coordination according to the given plans and objectives. This ranges from finance, human resources, purchasing to sales and advertising and much more, in short, the whole chain. During an MBA Operations program, you will be expected to analyse the problems faced and come up with suitable solutions in this respect.

• Business: Operations and Technology Management, MBA – Master of Business Administration, University of Wisconsin-Madison, USA
  • MBA – Master of Business Administration Specializing in Operations Management and Information Systems, York University, Canada
  • MBA – Master of Business Administration in Operations Management, University of New Mexico, USA
  • MBA – Master of Business Administration – Operations Management, Brock University Canada
  • MBA Operations Management, IESE Business School, Spain

Nearly 47% of new hiring in manufacturing industries is undertaken in operations roles as per the GMAC Corporate Recruiters Survey 2019. Furthermore, an Operations Manager draws anywhere around $123,880 according to the US Bureau of Labour and Statistics. This rises even more if you consider top schools and relevant industry experience. There are quite a few job profiles you can consider, that is, Supply Chain Manager, Logistics Manager, Operations Manager, Business Analyst, Business Operations Analyst, Purchasing Manager, Regional Operations Manager, Sourcing Manager, Inventory Coordinator, etc.

• Human Resources: This concerns the staffing and workforce requirements of a company. Any organisation needs a committed and satisfied workforce that understands and appreciates the nature of the work as well as possess the necessary know-how and analytical abilities to perform their respective jobs. A human resources manager looks after the hiring needs, salary and remuneration, leave policy, legal implications, training and development of employees, retirement, etc. in short to maintain a cohesive and vibrant environment for the workers. Some courses also have a link to labour relations, industrial relations, unions, leadership, human resource strategy, etc.

• Master of Industrial and Labor Relations / MBA – Master of Business Administration, Cornell University, USA
  • Business: Management and Human Resources, MBA, University of Wisconsin-Madison, USA
  • MBA – Master of Business Administration / Master of Human Resource Management, Newcastle University, UK
  • MBA – Master of Business Administration with a concentration in Human Resource Management, Nova Southeastern University, USA
  • MBA Human Resource Management, Michigan State University, USA

After an MBA in Human Resource Management, the jobs you may be offered are HR Generalist, Staffing Director, HR Policy Advisor, Technical Recruiter, Compensation Manager, Employee Relations Manager, etc.

The average base salary for the students graduating from the top 5 business schools for MBA in HR is between $82,500 to $109,000 with their professionals working for companies like Amazon, Accenture, Deloitte, PwC and KPMG. In Indian currency, their salary spans from Rs. 60,00,000 LPA to Rs. 80,00,000 LPA. The average salary for a senior HR professional in Canada is close to Rs. 50,00,000 LPA and that in the UK is about Rs. 60,00,000 to Rs. 70,00,000. The average salary of a human resource manager in the USA nears around $97,477 which is around Rs. 70,00,000 LPA.

• Finance: The MBA Finance course provides the students with an in-depth understanding of the financial models, currencies and the stock markets by providing them with a comprehensive knowledge of topics such as pricing, risk management, asset management, financial planning, etc. as well. The common subjects taught in MBA in Finance include accounting, financial management, risk analysis, derivatives, financial reporting, investment analysis, financial risk management, international finance, securities analysis, wealth management, etc. the candidates are also taught to apply the theoretical knowledge so gained into the real financial and trading world.

• MBA – Master of Business Administration / Master of Applied Finance, University of Newcastle, UK
• MBA with Specialization in Finance, University of Alberta, Canada
• Master of Financial Analysis/Master of Business Administration, La Trobe University, Australia
• MBA – Master of Business Administration Specializing in Finance, York University, Canada
• MBA Finance, University of Aberdeen, UK

Career paths include Financial Manager, Financial Risk Manager, Hedge Fund Manager,  Financial Advisor, Portfolio Manager, Financial Analyst, Stock Broker, Investment Banker, etc. And some of the top recruiters of graduates of MBA in Finance are Goldman Sachs, Morgan Stanley, Deloitte, Boston Consulting Group, Bain JP Morgan Chase & Co., Barclays, etc. Further, you can also go for certifications like Chartered Accountant, Chartered Financial Analyst and so on.

Best MBA Courses in the World: Frequently Asked Questions

Given below are some prevalent FAQs on:

• MBA In Which Field Is Best? / Best scope of MBA in which field?
• MBA In Which Field Is Best In India? / What are the best MBA courses in demand in India?
• Amongst MBA fields, which field in MBA Is best after Engineering?
• Which Field In MBA Is Best After Bcom?
• Which Field In MBA Is Best After Bba?
• Which Field In MBA Is Best After Bsc?

• MBA In Which Field Is Best? / Best scope of MBA in which field?

Ans. This depends on your interests and abilities. If you are good in quant, you can choose from Business Analytics, Finance, Product Management else you can go for Accounting, International Business, marketing, Operations, etc. In the end, it all depends on where does your interest lie. All MBA fields offer great returns in terms of salary packages and future growth.

• MBA In Which Field Is Best In India? / What are the best MBA courses in demand in India?

Ans. In India, the traditional fields such as Finance, Operations, Human Resources, International Business are offered by top institutions like IIM, IIT, etc. and hence offer great potential. Further, if you are interested in emerging fields like event management, fashion management, communication, there is a lot of scope for growth.

• Amongst MBA fields, which field in MBA Is best after Engineering?

Ans. Technical fields like Engineering Management, International Business, Foreign Trade, Finance, Risk Management, Insurance, Business Analytics, Product Management, etc. have considerable quant portions which are well-suited for candidates having an engineering background. Additionally, one can also go for the mainstream options.

• Which Field In MBA Is Best After Bcom?

Ans. As the B.Com course is business and commerce field-oriented, courses like MBA in Human Resources, Operations, International Business, Accounting, Marketing, Strategy, Communication, Supply Chain Management are promising choices.

• Which Field In MBA Is Best After BBA?

Ans. Similar to the BCom course, BBA or Bachelor in Business Administration puts you in the driving seat for fields like Human Resources, Operations, International Business, Accounting, Marketing, Strategy, Communication, Supply Chain Management, amongst others.

• Which Field In MBA Is Best After BSc?

Ans. As BSc courses have science or in other words technical backgrounds, one can go for fields like Engineering Management, International Business, Foreign Trade, Finance, Risk Management, Insurance, Supply Chain Management, Business Analytics, Product Management, etc.

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PhD after MBA: At a Glance

Here are a few important details you should take note of if you are hoping to pursue a PhD after MBA.

Course	Doctorate in Philosophy or PhD in Management
Level of the Course	Doctorate
Eligibility	Masters [recommended]
Duration	3-6 years
Types	Regular, Distance, Online, Dual Degree, Accelerated, etc.
Admission Procedure	Abroad: Individual University Admissions [case by case] India: Entrance Tests like UGC NET-JRF, GATE, etc.

PhD after MBA: Course Structure & Duration

The course structure of a PhD degree program, for instance, PhD after MBA HR, focuses on the analytical development of a candidate. Undertaken under the guidance of an accomplished professor, the candidate is required to select a topic of research and conduct various analyses in terms of literature, field visits, case studies, experiments, etc., to dive deep into the heart of the topic. The emphasis is on unearthing new insights and explanations.

• Typically runs for anywhere between 3-6 years, with the first two years focused on coursework.
• After that, work is undertaken on research and preparation of thesis and dissertation.
• The PhD course curriculum is a fair mixture of classroom education and practical research.
• Candidates must first familiarise themselves with research methodologies, literature review, statistical analysis, probability, relevant software like STATA, R, Python, etc.

Benefits of PhD after MBA

There are significant benefits of PhD after MBA provides you not least a pedestal into a fruitful career in research, academics and to some extent policy-making and administration.

• Opportunity to Pursue Research: In a PhD degree program, say for example PhD after MBA Operations you will dive deep into a topic from management, finance, operations, business analytics, economics and through tools and resource and guidance from a supervisor aim to provide some new insights and explanations. You will be able to take advantage of state-of-the-art research facilities and resources. PhD scholars after completing their degrees are hired as research associates, research assistants and professors.

• Opportunity to Contribute towards Policy Making: One of the most noteworthy benefits of PhD after MBA is that policy-making bodies of the government and other think tanks invite and collaborate with PhD scholars to provide in-depth analysis and insights concerning certain policy-making issues. This can be anything from understanding the loopholes in the stock market to making the real estate industry more transparent.

• A career in Academics: As stated above, PhD scholars move onto research-oriented jobs such as research assistants, research associates, professors, post-doctorates, etc., after completing their PhD giving them a solid backing in the academic field. Many take up professorships after 5-10 years in the industry as consultants, advisors, head of various bodies. A PhD after MBA Operations, for instance, comes of great use in this respect.

• Apply Practical Experience: Pursuing a PhD after MBA gives you an additional advantage. Since MBA degrees have significant practical components like internships, case studies, placements etc., you will be better placed in analysing the subject and bringing into question new points and arguments. This is one of the most important benefits of PhD after MBA.

• Opportunity to Collaborate with International Researchers and Organisations: PhD departments at top institutions regularly collaborate with other accomplished researchers and organisations through workshops, conferences, exchange programs, research internships, assistantships, etc. This helps in building research and cultural relations as well as opportunities for better research and publication. Moreover, you will get a chance to learn from your peers and travel extensively as well.

• Significant Financial Rewards: Research programs reward research scholars handsomely through fellowships in addition to various other scholarships. In India, the JRF and Maulana Azad Fellowships are two popular ones. Moreover, project-based funding is widely available as well. Various awards also carry substantial financial awards.

• High Demand in the Corporate Sector: The level of research and academic insight that a PhD scholar brings is always desired by companies in the corporate sector to work out plans and policies. This includes scaling up, situational decision making, problem-solving, critical analysis, awareness of the newest trends, etc. Such PhD scholars are in constant touch with top-level management and have a strong hand in the realisation of the company’s goals and objectives.

PhD after MBA: Popular Options

1.    PhD after MBA Finance

• A PhD after MBA Finance dives into the intricate details of the finance field concerning themes like risk management, stock market trading, regulatory practices, trends in financial markets of countries, different financial instruments, etc.
• Career options of PhD after MBA Finance include positions on Financial Advisory Boards, academia and research organisations, think tanks, consultancies, public accounting firms, amongst others.
• The curriculum involves a good blend of theoretical knowledge and practical implementation through case studies, research projects, etc.
• Course offerings:
  • PhD in Finance, Stanford University, USA
  • PhD in Economics, Finance & Accounting, MIT, USA
  • PhD in Business Administration-Finance, University of California-Berkeley
  • PhD in Business-Finance, University of Chicago
  • PhD in Finance, University of Pennsylvania, USA

2.    PhD after MBA Marketing

• A PhD after MBA Marketing involves research into the subject of marketing, that is, digital marketing, business analytics, feasibility and viability marketing tools and resources, advertising, unique organisation marketing campaigns, case studies, etc.
• In addition to academic and research positions like professorships and assistantships, many PhD scholars also head to organisations on executive roles to oversee marketing and advertising departments.
• The course involves great field visits to companies and organisations along with great collaboration with the supervisor.
• Course Offerings:
  • PhD in Marketing, University of Iowa, USA
  • PhD in Business-Marketing, University of Alberta, Canada
  • PhD in Business Administration-Marketing, Simon Fraser University, Canada
  • PhD in Business Administration-Marketing, University of Tennessee
  • PhD in Management-Marketing, Purdue University-West Lafayette, USA

3.    PhD after MBA HR

• A PhD after MBA HR includes topics like labour relations, industrial relations, employee satisfaction, training and development, leave policy, minimum wages policies, promotion and transfer, etc. In addition, you may also have organisational behaviour, decision making, etc.
• While many PhD scholars take up jobs of professors and research associates, a select few also venture into top companies and administrative to oversee HR departments and Policymaking.
• Course Offerings:
  • PhD Human Resource Management, University of Lincoln, UK
  • PhD Management-Organisational Behavior and Human Resource Management at University of Toronto, Canada
  • PhD in Employment Research, University of Warwick, UK
  • PhD Organisational Behavior and Human Resource Management at University of Pittsburgh, USA
  • PhD in Human Resources & Labour Relations, Michigan State University, USA

In addition to these, you can also go for a PhD after MBA Business Analytics, PhD after MBA in International Business, PhD after MBA in Strategy, PhD after MBA Supply Chain Management etc.

PhD after MBA in Canada

• One of the most popular study abroad destinations in the world, PhD after MBA in Canada offers industry-leading research facilities and resources.
• Home to top institutions in the world, it provides greater opportunities for collaboration and cooperation for PhD after MBA in Canada.
• Canada’s university ecosystem is a major driver of research output in the country, second only to the private sector.
• Here are a few of the highly appreciated courses of PhD after MBA in Canada you must take a look at, including PhD after MBA Business Analytics and PhD after MBA Operations, amongst others.

Course	University	Location
PhD in Business Administration-Management Science	University of British Columbia	Canada
PhD in Management Science-Information Systems PhD in Management Science-Applied Operations	University of Waterloo	Canada
PhD in Management-Analytics	Queen’s University	Canada
PhD in Management	Ryerson University	Canada
PhD in Management PhD in Management-Supply Chain, Operations and Technology Management	Wilfrid Laurier University	Canada

PhD after MBA in USA

• Easily, the most attractive PhD after MBA in USA destination, universities in the USA bring top-quality researchers and scholars.
• Boasts of world-leading research facilities, some of which cannot be found elsewhere.
• Headquarters of top companies like Deloitte, Goldman Sachs, JP Morgan, McKinsey and other investment firms and management consultancies.
• A record 31 universities from the USA figure in the top 100 list of the QS Rankings 2018.
• Some of the course offerings of PhD after MBA in USA’s top universities you might want to refer to, including PhD after MBA Operations, amongst others, are:

Course	University	Location
Juris Doctor/PhD in Management Science & Engineering	Stanford University	USA
PhD in Business-Management Science & Operations Management	University of Chicago	USA
PhD in Management	University of Pennsylvania	USA
PhD in Management	New York University	USA
PhD in Management	University of Texas-Austin	USA
PhD in Operations Management	Carnegie Mellon University	USA
PhD in Management	Cornell University	USA
PhD in Management and Organisations	Duke University	USA

PhD after MBA in India

• Indian institutions are slowly emerging as the leading choice for PhD after MBA in Asia as well as around the world. In terms of research output, academia and collaboration, Indian universities are making their mark worldwide. Top options include PhD after MBA in Supply Chain Management, PhD after MBA Business Analytics, etc.
• In India, the admission process of PhD and MBA involves clearing the UGC NET-JRF, NMIMS, NIPE JEE, GATE etc.
• Some universities which offer PhD after MBA worth mentioning are the several Indian Institute of Management [IIMs], Indian Institute of Technology [IITs], Indian School of Business, Indian Institute of Foreign Trade, New Delhi, Faculty of Management Studies, University of Delhi, etc.

PhD after MBA Abroad: Eligibility

To apply for a PhD after MBA at foreign universities, you must follow certain fundamental guidelines, a few key ones have been enumerated in the given pointers. The below-mentioned guidelines may change as per the university, location, course structure and objectives.

• Equivalent postgraduate degree in any relevant discipline, for instance, a Master’s in Business Administration in Finance if you wish to pursue a PhD in Finance. This is highly recommended.
• Minimum scores in qualifying postgraduate degree. Typically it follows a 10 pointer scale or 4 pointer scale.
• GRE/GMAT test scores, if required. For a management-oriented course application, GMAT is highly recommended though GRE is also extensively recognized at many universities.
• Indian applicants are typically required to submit IELTS/TOEFL/PTE exam scores as confirmation of proficiency in the English Language. Obtaining an over 7+ band score is normally sufficient to be considered.

PhD after MBA Abroad: Application Process

The primary admission cycle customarily begins in September/October and ends in February/March of the subsequent year. This is carried in phases of Early, Regular and Late Admission Rounds. If you are interested in a scholarship, apply in the early phase. There are other admissions cycle as well.

• Satisfy the eligibility prerequisites as mentioned in the university guidelines [Equivalent qualifying degree, relevant industry experience, etc.]
• Research Proposal: This outlines the area and topic of research you wish to pursue along with the names of the professors you wish to work under. It is important that you select such professors after careful analysis of their work and whether they belong to your area of specialisation.
• Submit GMAT/GRE test scores alongside IELTS/TOEFL/PTE scores [as required].
• Application Set [Passport, Curriculum Vitae/Resume, Statement of Purpose/ Personal Statement/Statement of Intent, Two/Three Letters of Recommendation, College Transcripts, Experience Letter (if required), Financial Support Statement/Funding Essay (if applying for scholarships/funding), etc.].
• Letters of Recommendation must be from your current professors, supervisors, etc. who can attest to your skills and suitability towards the sought PhD program.
• Pay the required Application Fee.
• Next, you may be called for a Personal Interview/Group Discussion/Writing Task [if required]
• After review, the application will be confirmed, waitlisted or rejected usually within 2-3 months of applying.
• Pay the required Tuition Fees or Blocking Fees.
• Submit Student Visa Application.

Online PhD after MBA

• The needs of the candidates are continuously changing and to match with it, institutions are also trying to refine their course offerings. Online PhD after MBA is one such avenue that has emerged in the last few years.
• In an online PhD after MBA, classes are held completely online, research work is undertaken under guidance but not physically but through various means of communication, thesis preparation and dissertation is also done by the candidate in consultation.
• In post-pandemic education, Online PhD after MBA is witnessing great popularity amongst candidates.
• In some practical-oriented PhD courses after MBA such as PhD after MBA in Supply Chain Management, candidates are invited for some duration to the institution for coursework, exams, presentation, etc. and other work.
• The institution itself provides various other facilities such as library access, publication, peer learning, collaboration, alumni network, etc.

Ultimately, the decision lays in your hands. A PhD after MBA is a well-trodden path and if you are interested in research, then go for it.

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