MBA/PGDM

In case you are joining a course which is being run by a recognized UGC approved university, you do not have to fear whether it is AICTE approved or not. The main aim after doing the course is one or more of the following:
To have a legal, legitimate and valid degree
To join public sector
To join private sector job
To study further in India or abroad
To be self employed
If you are joining a UGC approved university course, even if it is not approved by AICTE you will not suffer on any of the above accounts. Another point is that universities DO NOT require AICTE approval compulsorily, even if they might apply and take approval to add another feather to their cap. It is the colleges which require compulsory AICTE approval, so if you are directly studying at the university, you do not need to worry about the above point.

There are multiple functional specializations in MBA such as finance, marketing, human resources, IT, SCM, logistics, operations, systems, general management or sector specific specializations like travel & transportation, telecommunications, healthcare, banking, insurance, etc. One must choose MBA specialization based on his or her interests, educational background, prior job experience and personality, skills and competencies.
Marketing is suitable for extroverts. If you have good interpersonal skills, sales aptitude, leadership qualities, good communication skills and have entrepreneurial attitude then you must go for Marketing. Individuals with good numerical ability can do very well in the field of finance particularly investment banking. If you good at number crunching, have superior numerical ability, good data interpretation aptitude, problem solving and creative thinking and you are also a strategic thinker then you must opt for MBA Finance. People with social skills and empathy are suitable for HR. To be become good HR manager you require skills such as organising capability, dealing with grey areas,
Good communication and negotiations skills, capability to handle changes, capacity to handle conflicts etc.
As per current market trends and available data, maximum job opportunities are for marketing professionals. Most of CEO and CEOs of large corporations are Sales and Marketing professionals.
As per Indian market trend analysis, MBA finance is the second best career choice of both MBA students and recruiter after MBA marketing.