Business Management Studies

Hi Swapnil,
I know how much difficult it is to choose any specialization. Well read carefully whatever I am sharing with you.
Choosing a specialization is mandatory because when the recruiter participate in campus hiring drive, they shortlist the candidates on the basis of their specialized skills and not just the general management skills. Considering the ratio of placements, students majorly gets placed in sale and marketing profiles followed by jobs in finance domain.
Here are top MBA specializations that will strike the chord of an MBA aspirant:
1. MBA in Finance
MBA in finance is one of the most popular and highly opted forms of MBA specialization. It would prepare you in various subjects like Costing, Budgeting, International finance, Capital Management etc. After studying these subjects you would become expert in Financial Management related areas.
2. MBA in Marketing
MBA in marketing helps a student to understand consumer behavior, market behavior, aspects of advertising, and many other crucial skills that surrounds the marketing activities of any product/service. One needs to have excellent communication skills, resource mobilization skills and an added zeal to excel in this specialization.
3.MBA in Human Recourse Management (HRM)
MBA in HR Management is for those who are determined to become a part of Human Resource functions and strategies. The HR functions include workforce diversity management, mergers and acquisitions, managing demand and supply of labor markets in emerging economics and international leadership. If you possess good communication skills, have a charismatic personality, and are reliable and confident.
4.MBA in Operation Management
MBA in Operation Manag helps you in dealing with Production Manag or Shop Floor Manag related functions. You learn how to maintain process flows, develop vendor and inter-departmental relationships. Most candidates with engineering backgrounds go for MBA Operations
5.MBA in Information Technology
MBA in IT is designed to educate & develop managers who can effectively manage the planning, design, selection, implementation, usage & administration of emerging and converging info & communications technologies.
6 MBA in Supply Chain Management
MBA in supply chain management is a unique and exciting opportunity in the field of business management. It includes inventory management, warehousing, and transportation of various materials required by the client or a company.
Best of luck.
Choose wisely.

No, CAT is not necessary to get admission in MBA colleges in India. But yes, if you aim for top management colleges in India CAT is best exam to write. It gives you advantage of applying to most top B schools in India. The selection of entrance exam to write completely depends upon your choice of college. The first thing you should ask to yourself which or what kind of colleges you want to take admission. If you want to take admission in tier 1 and tier 2 B-schools then you must write CAT. But if you want to take admission in tier 3 or so on or some regional/ local college then CAT is not very much required and you can go for MAT CMAT state entrance exams, etc.
Thanks.