MBA in marketing &hr or Mba in healthcare which is more benificial???
First of all, let's look at the different job profiles, top recruiters and salaries offered by these specializations individually.
1. MBA in Marketing :-
Marketing is a hard-core front-end job meant for those with leadership qualities. With this course, you can accelerate your entry and progress in the corporate world.
This course includes market research and analysis, brand management, product management, digital marketing, e-commerce strategies, competitive analysis, customer analysis, behavior of consumer, business ethics and advertising.
Job profiles include :
Market Research Analyst
Online Marketing Planner
Sales Manager
Product Manager
Chief Marketing Officer
Chief Executive Officer
A candidate can get a starting annual salary of 12-15 lakhs after completing MBA in Marketing from a top tier college.
Top recruiters for MBA in Marketing graduates include : HDFC Bank, Reliance Communications, Airtel (Bharti Telecom), ICICI Bank, Tata Motors, IDEA Cellular, Vodafone Essar, Hindustan Unilever etc.
2. MBA in Human Resources :-
HR is one of the most remunerative but tricky and unique job. An HR Manager is like a ringmaster in the jungle of buisness - from recruiting and selecting personnel to deciding compensation to employee training and development to job analysis and performance appraisals, they handle everything. And they are required by all sectors. One can say that HR management is virtually recession-proof job. It is concerned with internal marketing of a company.
Some major job profiles include :
HR Manager
HR Analyst
HR Executive
Employee relation officers
HR Administration profiles
Top recruiters for MBA in HR are :
Wipro, Infosys, Deloitte, Tata Consultancy Services, Accenture Services, Reliance industries, HCL, IBM Global services, Cognizant, Larsen & Toubro, Future Group, Capgemini etc.
Institutes like XLRI, IIM Lucknow, MDI (Gurgaon) and TISS Mumbai offer 100% placements in their HR programs.
MBA in HR from a premier institute (Tier 1 campuses) may help you earn upto 9-11 LPA as a fresher.
3. MBA in Healthcare administration :-
This degree will allow you to seek employment in hospitals, rehabilitation centres, long-term care facilities, insurance companies and pharmaceutical companies etc.
Some of the job positions include :
Healthcare manager
Hospital CFO or CEO
Hospital Administrator
Medical Practice Manager
Pharmaceutical Production Manager
Apollo Life, Cadila Healthcare, Wipro GE Healthcare and Cipla are the top recruiter companies of MBA in HM graduates.
In this sector, you may earn an average starting salary of around 5-15 LPA (depending upon your bachelor's degree as it is upto 1 lakh/month for MBBS degree holders) if you pursue your MBA from any of the Top 20 b-schools in India.
Remember that your MBA specialization generally depends on your skills, interest, personality and career goals.
If you are creative and innovative, like to interact with clients and can easily influence people with your thinking, have an outgoing and spontaneous personality, you can choose Marketing as your specialization.
If you are extroverted in nature and have a fascinating personality that can mobilize people and inspire trust and loyalty for a company, with impressive communication and leadership skills, then HR stream can be a good choice for you.
If you have a bachelor's degree in relevant streams of health sector like Health Science, Physiotherapy, Microbiology, Biotechnology etc. or you possess in-depth knowledge about health sector and have good communication skills, MBA in Healthcare Management will be a suitable career choice for you.
Note that 'the institute from which you will pursue your MBA degree and your personal skills and knowledge relevant to the job profile' will play the most vital role from a career perspective.
Hope this answer will help you to make the right decision.
Best wishes!
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