• Study Abroad

Highest Paying MBA Specializations in Abroad

732 Reads
3 min Read

By:CANAM Group
Updated On:Feb 09,2024 04:14 PM IST

Choosing an MBA specialization solely based on potential salary can be risky, as skills and longtime success matters the most. Canam Consultants provides advice on the best-paying MBA specializations, with an emphasis on skills and long-term performance. These specializations provide students with specialized knowledge and abilities that may be applied to a variety of vocations. Students should examine popular programs, analyze the need for international business, and evaluate the reputation of the business schools that offer these specializations.

Highest Paying MBA Specializations in Abroad.webp

A college degree is a must in this fiercely competitive environment to land a well-paying job, particularly in the business world. Choosing the highest-paying MBA specialization abroad can have a significant impact on a student's future and professional trajectory, as it enables individuals to acquire specialized knowledge in the sector they wish to pursue. A smart move as a business professional looking to boost the income would be to choose the most lucrative MBA specialization.

Every top-paying MBA specialization equips students with distinct abilities and knowledge that they can use in a variety of professions. Everyone who is pursuing an MBA want to get the best return after the degree. So, here is the guide to what MBA specializations are the highest paying.

How to choose the MBA specialization?

In addition to considering their individual strengths, interests, and professional goals, students should do extensive research on the most popular MBA programs offered worldwide before choosing an international MBA program. One should also take into account the level of demand for international business in the labor market as well as the reputation and rankings of the business schools that provide these specializations.

In order to earn an MBA degree, candidates can choose to enroll in a general MBA program, concentrate in an area of interest-based demand-driven MBA program, or pursue the MBA program with the greatest salary. Nevertheless, this choice is quite important since it may have a favorable or bad impact on their future profession. Consequently, prior to choosing an MBA specialization, it is crucial to take into account few things: -

• Opportunities for internships, placements, and careers in specialization

• Long-term objective

• Institute reputation

• B-school infrastructure

• Teaching Methods

• Program ROI

• Course cost

Which MBA specializations pays the best salary?

Choosing the right MBA specialization is critical for a long-term career and financial security. When making a decision, it is important to consider the best paying MBA programs on the market. Together we will review the various academic specializations and decide which MBA specialization best suits ones needs and career goals. Student's area of expertise, along with the knowledge and skills, play an important role in determining an individual's worth.

Few of the significant paying MBA specializations are: -

Highest paying MBA specializations.webp

MBA in Business Analytics

An MBA in Business Analytics equip students with the skills to extract insights from the data and translate them. This makes them a valuable asset for the companies around the world, opening doors to exciting career opportunities abroad.

Here are some popular jobs for MBA in Business Analytics.

Job Title	Description	Average Salary Range (USD)
Business Analyst	Analyze data to identify trends, solve problems, and improve business processes.	$75,000- $125000
Data Scientist	Develop and Implement data- driven models and algorithms to solve complex business challenges.	$85,000- $150,000
Marketing Analyst	Use data to understand customer behavior, optimize marketing campaigns, and measure their effectiveness.	$65,000- $110,000
Financial Analyst	Analyze financial data to make informed investment decisions, assess risk, and develop financial strategies.	$70,000- $130,000
Management Consultant	Advise business on data- driven strategies, implement data- driven solutions, and help them improve their overall performance.	$80,000- $140,000

MBA in Data Analytics

Data analytics, which ranks high on the list of vocations, pays the highest MBA income in the world. Specialization necessitates efficient data processing. An MBA in Data Analytics provides engineers with significant ROI and industry exposure, making it a popular degree among computer science engineering graduates. The major difference between position and business analysis is the way data is employed.

Major Job profiles after MBA in Data Analytics are: -

Job Title	Description	Average salary Range (USD)
Business Intelligence Manager	Develop and implement strategies for collecting, analyzing, and utilizing business data to inform decision- making.	$80,000- $135,000
Pricing Analyst	Analyze data to set optimal pricing strategies for products and services.	$70,000- $120,000
Supply Chain analyst	Use data to improve the efficiency and effectiveness of supply chains.	$65,000- $115,000
Research Analyst	Person who prepares investigative reports on security for clients.	$80,000-$100,000
Data Analyst	Person who gathers and interprets data to solve a specific problem.	$85,000 - $105,000

MBA in Economics

Economics is also one of the highest-paid MBA specializations in terms of pay. An economist's job is to collect and analyze data, monitor trends, and appraise economic issues such as resources, products, and services. It qualifies a student to work as an expert in subjects such as business intelligence, operations research, information sciences, econometrics, and so on.

Here is the list for top positions one can achieve by specializing in MBA Economics: -

Job Title	Description	Average Salary Range (USD)
Economic Consultant	Analyze economic trends, conduct research, and provide recommendations to businesses and governments.	$80,000- $150,000
Financial Analyst	Analyze financial data to make informed investment decisions, assess risk and develop financial strategies.	$70,000- $130,000
Management consultant	Advise businesses on economic trends, market entry strategies, and cost optimization using economic principles.	$80,000- $140,000
International Trade Specialist	Develop and implement strategies for companies to enter and navigate international markets	$65,000-$120,000
Business Development Manager	Identify and pursue new business opportunities, leveraging economic analysis and market research	$75,000- $125,000

MBA in Entrepreneurship

This is one of the highest-paying MBA specializations. The MBA in Entrepreneurship emphasizes developing creative capabilities for both large and small businesses. Students are taught the fundamentals of business growth, including market analysis, innovation, and corporate strategy.

Top job profiles students can secure after doing MBA in Entrepreneurship are-

Job Title	Description	Average Salary Range in USD
Founding partner/ CEO of Startup	Lead the vision, strategy, and growth of a newly established business.	Highly variable(often equity-based)
Venture Capital/ Private Equity Associate	Analyze the investment opportunities in startup companies and support fund managers.	$80,000- $130,000
Business Development Manager( Startup Focus)	Identify and pursue new business opportunities for startups, negotiating partnerships.	$75,000- $125,000
Product Manager	Lead the development and launch of innovative products for startups, driving user adoption and growth.	$70,000- $120,000
Innovation Consultant	Advise established companies on implementing innovative strategies and fostering entrepreneurial culture.	$80,000- $140,000

MBA in Finance

Finance is another popular and well-paid MBA specialization. An MBA with a finance emphasis may lead to rewarding careers in key economic areas such as insurance, taxes, international finance, asset management, and tax planning. A financial planner and advisor, might work for well-known organizations. Indeed, finance has a critical role in all aspects of economics, business, and management.

Below are some of the most Popular jobs for MBA in Finance

Job Title	Description	Average Salary Range (USD)
Finance Analyst	Financial analysts do a variety of research duties to influence investment strategy and make investment decisions for their companies or clients. These positions are data-intensive and need excellent mathematical and analytical abilities.	$35,000 - $65,000
Finance Consulting Manager	Financial consultants usually advise customers on a variety of financial services and decisions, such as budgeting, saving for large expenditures, retirement planning, investing, and trust and estate planning.	$55,000 -$ 90,000
Manager- Finance Integration & Separation	Develop the integration strategy, establish integration guiding principles, and serve as a champion of the integration and program management structure's vision to generate the momentum required to capture the transaction's value.	$55,000 - $90,000
Finance Associate	Someone whose job is to handle financial activities for an organization, such as responsibilities related to generating budgets, managing payments, and arranging investments.	$50,000 - $80,000

MBA in Information Technology

An MBA in IT equips a perfect blend of business acumen and technical expertise. Some of the most lucrative job profiles for MBA in IT graduates, along with their average salary ranges are-

Job Profile	Salary Range in USD
Chief Information Officer	$170,000- $250,000
Chief Technology Officer	$150,000- $220,000
Director of IT/ Technology	$120,000- $180,000
Head of Digital Strategy	$110,000- $170,000
Product Manager (Tech)	$85,000- $140,000

MBA in Innovation Management

The MBA in Innovation Management, an incredibly broad degree, helps students to understand a company's strengths and weaknesses and to devise inventive solutions to them. Students must work closely with numerous economic sectors to thrive in the specialization that pays the highest MBA salary in the world.

Some highest paying Job Profiles in MBA in Innovation Management are: -

Job Title	Average Salary Per Year (in USD)
Management Consultant	$55,000 - $70,000
Senior Product Manager	$85,000 - $105,000
Senior Business Consultant	$80,000
Business Intelligence Manager	$60,000 - $75,000

MBA in International Business

The MBA (International Business) is a foundational course for producing a competent cadre of business executives to satisfy the country's rising need for professionals trained in international management. MBA (IB) is a six-trimester general management degree with an emphasis on international business.

Few significant job opportunities for MBA in International Business are: -

Job Title	Description	Average Salary Range in USD
Global Business Development Director	Lead international expansion strategies for corporations, securing new markets and partnerships	$150,000- $250,000
Managing Director/ Country Head	Oversee all operations for a multinational company in a specific country	$130,000- $200,000
International Trade Consultant	Advise businesses on navigating international trade regulations, contacts and market entry strategies	$120,000- $180,000
Supply chain Manager	Design and manage complex international supply chains for MNCs.	$110,000-$170,000
International Marketing Director	Develop and execute marketing strategies for MNCs across diverse markets and cultures	$100,000- $150,000

MBA in Investment Management

An MBA in investment management is in great demand across the world due to the degree's distinction and the considerable return on investment it delivers. investing managers work with their customers to develop portfolios for their businesses, analyzing market trends and investing techniques.

Below are the Popular jobs for MBA in Investment Management Abroad

Title	Average Salary Per Year (USD)
Senior Accountant	$80,000-$90,000
Investment Analyst	$60,000-$80,000
Risk Manager	$95,000 - $105,000
Portfolio Manager	$85,000-$105,000
Financial Manager	$100,000-$120,000

MBA in Marketing

MBA in Marketing is a two-year course and lets a student get a job not only for the executive positions but also for the managerial positions in good companies. To pursue this specialization, a student is required to have a Bachelor's degree from a recognized university with at least 50% and entrance exam scores. MBA in Marketing lets an individual learn about sales, marketing fields, consumer trends, market strategies, executive and leadership management skills, product management and market research in different industries. The degree will help students differentiate the product in today's global market as a student.

Below are the most popular Job Profiles after MBA in Marketing in abroad

Job Title	Average Salary Per Year (in USD)
Equity Portfolio Specialist	$50,000 - $75,000
Client Success Specialist	$50,000 - $80,000
Business Intelligence Manager	$60,000 - $75,000
P&L Controller	$70,000 - $85,000
Field Marketing Manager	$50,000 - $80,000

Students' personality, abilities, and professional goals should all influence their MBA specialization decision. Marketing and finance are traditional fields that remain in high demand. If they enjoy dealing with statistics and financial paperwork, the Finance specialization may be for them. If a student has a flair for interacting with clients, are creative and clever, and have the ability to convince, marketing may be a better fit. One may now quickly pick which MBA degree offers the greatest wage or is ideal for future.

You can pursue MBA from Canada, USA, UK, Australia, New Zealand, and Germany to have the best experience abroad and secure one of the highest paying jobs there. Connect with Canam experts at Canam- India’s leading study abroad consultants for any other query and information.

FAQ

Which MBA Specialization has highest salary?

Out of the several highest-paid MBA specializations, the three most remunerative ones are Business Analytics, Finance and Entrepreneurship. Annual wages for these three disciplines lie between 70,000 US dollars and 90,000 US dollars or 6,00,00,000 Indian rupees and 9,00,00,000 Indian rupees approximately.

Which branch of MBA has more scope abroad?

Business schools have recently begun to offer several MBA specializations due to the rising demand and requirement for them, such as an MBA in Logistics, Supply Chain Management, Financial Management, Business Analytics, Marketing, and so on.

Which MBA specialization is the most in demand in USA?

After earning an MBA in the UK, one of the highest-paying jobs is marketing. A marketing manager works with the departments of sales, finance, production, and public relations to coordinate marketing plans.

Is it possible to get a job right after MBA?

Yes, having an MBA from a well-known college increases chances of finding a terrific job significantly. If students are already employed and pursue an MBA while working, their chances of advancement in the existing position increase significantly.

What is an MBA graduate's starting salary?

A recent MBA graduate could anticipate earning between $30,000 - $50,000 per year approximately. Organizations, job profiles, and specialties all affect it differently.

Get great articles direct to your inbox

The latest news, articles, and resources, sent straight to your inbox every month.

Popular Universities to Study Abroad

World class education waiting for you.

Cambrian at Hanson - Brampton Campus

Ontario, Canada • 7 Programmes

Tuition Fee : CAD 17500-18000 / year

National Louis University - Illinois Campus

Illinois, USA • 19 Programmes

Tuition Fee : USD 10000-10200 / year

Navitas Group - ULethbridge International College Calgary (UICC)

Alberta, Canada • 1 Programmes

Tuition Fee : CAD 22000-22500 / year

Holmes Institute - Melbourne Campus

Victoria, Australia • 7 Programmes

Tuition Fee : AUD 19500-65000 / year

Oxford Brookes University - Headington Campus

England, UK • 231 Programmes

Tuition Fee : GBP 14000-17000 / year

Cranfield University - Cranfield Campus

England, UK • 68 Programmes

Tuition Fee : GBP 0-0 / year

Trebas Institute - Toronto Campus

Ontario, Canada • 2 Programmes

Tuition Fee : CAD 16000-19000 / year

Universal College of Learning (UCOL) - Manawatu Campus

Palmerston North, New Zealand • 46 Programmes

Tuition Fee : NZD 20500-22500 / year

View All Universities

Latest at CANAM

Events, webinar, college / university visits and more.

The International Education Fair

Study in Canada, UK, USA, Australia, New Zealand, Germany, Dubai

5th June to 15th June • 11:00 AM to 5:00 PM

In-Person Event

University Visits - Humber college

Study in Canada • University Visit

Chandigarh • 11:00AM

In-Person Event

University Visit - Dalhousie University

Study in Canada • University Visit

Mumbai - Andheri West • 10:30AM

In-Person Event

Top countries destinations

Popular university and colleges for Studying abroad.

Bond University Queensland
Central Queensland University - Rockhampton, North Campus Queensland
Charles Sturt University - Wagga Wagga Campus New South Wales
Deakin University - Geelong Waurn Ponds Campus Victoria
Engineering Institute of Technology - Perth campus Western Australia
Griffith University - Nathan Campus Queensland
La Trobe University - Bendigo Campus Victoria
LCI Melbourne - Art & Design School Victoria

Ara Institute of Canterbury - City Campus Southland
Aspire 2 International - Auckland Campus Auckland
Auckland University of Technology - City Campus Auckland
Eastern Institute of Technology - Hawke Bay Campus Hawke's Bay
Manukau Institute of Technology -Manukau Campus Auckland
Massey University - Auckland Campus Auckland
Nelson Marlborough Institute of Technology (NMIT) - Nelson Campus Southland
New Zealand Institute of Business & Technology (NZIBT) Auckland
The University of Waikato - Hamilton Campus Hamilton

Kent state university Ohio
San Jose State University California
Wright State University Ohio
Clark University Massachusetts
Rowan University New Jersey
Arkansas State University Arkansas
University of Wisconsin Milwaukee Wisconsin
Southern Illinois University Edwardsville Illinois
University of Findlay Ohio

Popular English Language Proficiency Exams

Blogs and Articles

Curated content to keep you updated on the latest education trends, news and more.

LLM in Australia: Top Universities, Eligibility, Courses, Scholarship for Indian Students

Master in Laws (LLM) is a globally recognised postgraduate degree designed to broaden the legal knowledge of students. LLM (Master of Laws) in Austral...

Updated on • Apr 26,2024 05:26 PM IST • Australia

Cost of Studying in UK

Did you know Brits drink about 100 million cups of tea daily? That sounds a lot, but that's not the only astounding fact about the UK; apparently, the...

Updated on • Apr 26,2024 03:18 PM IST • UK

SOP for MBA - Format, Samples and Expert Tips

A statement of purpose (SOP) is essential for an MBA application and allows students to showcase their unique qualities, experiences, and aspirations ...

Updated on • Apr 26,2024 03:11 PM IST • SOP

Why Study in Ireland ?

Ireland is the only English-speaking country in the Eurozone, which is home to the world's most reputed universities and colleges, famous for their we...

Updated on • Apr 25,2024 03:43 PM IST • Ireland

Why study in Canada?

The thought of international education and studying in Canada go hand in hand, and there’s an interesting reason for this. The thing is, almost 80% ...

Updated on • Apr 23,2024 12:15 PM IST • Study in Canada

Timeline for USA Summer Intake: Deadlines & Universities Requirements

Studying in the USA provides high-quality education with diverse academic programs along with personal and professional growth opportunities. The Unit...

Updated on • Apr 19,2024 03:45 PM IST • USA

Difference between IELTS & IELTS UKVI

IELTS is one of the most popular language proficiency exams for studying abroad. The test has many versions, such as IELTS Academic, IELTS General Tra...

Updated on • Apr 18,2024 05:42 PM IST • IELTS

Study in Canada after 12th

Canada is a popular study abroad destination for international students seeking to study in Canada after 12th due to its world-class education system,...

Updated on • Apr 18,2024 01:33 PM IST • Study in Canada

Describe Your Hometown IELTS Speaking Part 1 Topic

The IELTS Speaking part 1 topic ‘Describe your Hometown’ is one of the most often asked and easiest topics to answer in an IELTS test. In this top...

Updated on • Apr 15,2024 01:35 PM IST • IELTS

How can you Apply to University in Canada for Indian Students?

Studying in Canada is a dream of many international students today. There were 642,480 international students in Canada in December 2019, ...

Updated on • Apr 13,2024 01:36 PM IST • Study in Canada • Colleges in Canada

PTE Score Chart 2024: PTE Exam Scoring System & Calculation

Most international institutions demand proof of strong English skills, making language proficiency tests a necessity to pursue higher education. While...

Updated on • Apr 13,2024 11:39 AM IST • PTE

Study in New Zealand without IELTS

English language proficiency is necessary to seek education opportunities in New Zealand. As an English-speaking country, it is well-known for its col...

Updated on • Apr 11,2024 05:36 PM IST • New Zealand

Tips to Write a Great GRE Analytical Essay

The GRE looms as a hurdle for many postgraduate aspirants, but for some, it harbors a hidden gateway: The Analytical Writing Issue Essay. This blog co...

Updated on • Apr 11,2024 10:03 AM IST • Education

Top 5 Mistakes CELPIP Test Takers Make

The CELPIP exam is Canada’s leading exam that students take to get permanent residency in Canada or pursue a professional course there. Therefore, i...

Updated on • Apr 10,2024 05:38 PM IST • CELPIP

Study and Work in Australia: A Comprehensive Guide

Australia is one of the most popular study-abroad destinations for international students. It is famous for its natural wonders, wide-open spaces, bea...

Updated on • Apr 05,2024 12:59 PM IST • Australia

Social Media Vocabulary IELTS

The International English Language Testing System (IELTS) measures a student’s language proficiency. Its Speaking section further evaluates the abil...

Updated on • Apr 04,2024 11:43 AM IST • IELTS

Crime & Punishment Essay IELTS

Crime & Punishment Essay Titles The list below gives out essay titles on crime and punishment that might appear in the IELTS exam. These ess...

Updated on • Apr 02,2024 10:31 AM IST • IELTS

Believing These 8 Myths About IELTS Keeps You From Growing

Believing These 8 Myths About IELTS Keeps You From GrowingOnce you start thinking about taking IELTS Examination, you might end up believing in cert...

Updated on • Apr 02,2024 09:49 AM IST • IELTS

20 Common IELTS Essay Topics for Writing Task 2

"This blog discusses some common essay topics which appear as writing Task 2 in the IELTS Exam. The blog further talks about the subtopics of essays i...

Updated on • Apr 01,2024 05:46 PM IST • IELTS

Masters in Psychology in Canada: Best Universities, Eligibility, Documents, Admissions Process and Scholarships

Masters in Psychology in Canada is a popular two-year course that allows students to embark on a journey to understand human behavior better. The one ...

Updated on • Mar 29,2024 11:47 AM IST • Study in Canada

Highest Paying MBA Specializations in Abroad

Table of Contents

How to choose the MBA specialization?

Which MBA specializations pays the best salary?

MBA in Business Analytics

MBA in Data Analytics

MBA in Economics

MBA in Entrepreneurship

MBA in Finance

MBA in Information Technology

MBA in Innovation Management

MBA in International Business

MBA in Investment Management

MBA in Marketing

FAQ

Events, webinar, college / university visits and more.

Popular university and colleges for Studying abroad.

Bond University Queensland

Central Queensland University - Rockhampton, North Campus Queensland

Charles Sturt University - Wagga Wagga Campus New South Wales

Deakin University - Geelong Waurn Ponds Campus Victoria

Engineering Institute of Technology - Perth campus Western Australia

Griffith University - Nathan Campus Queensland

La Trobe University - Bendigo Campus Victoria

LCI Melbourne - Art & Design School Victoria

University Canada West British Columbia

University of Windsor Ontario

Dalhousie University Nova Scotia

Carleton University Ontario

Cape Breton University Nova Scotia

University of ottawa Ontario

University of saskatchewan Saskatchewan

University of regina Saskatchewan

University of guelph Ontario

Ara Institute of Canterbury - City Campus Southland

Aspire 2 International - Auckland Campus Auckland

Auckland University of Technology - City Campus Auckland

Eastern Institute of Technology - Hawke Bay Campus Hawke's Bay

Manukau Institute of Technology -Manukau Campus Auckland

Massey University - Auckland Campus Auckland

Nelson Marlborough Institute of Technology (NMIT) - Nelson Campus Southland

New Zealand Institute of Business & Technology (NZIBT) Auckland

The University of Waikato - Hamilton Campus Hamilton

University of Warwick England

De Montfort University England

University of West London England

University of Strathclyde Scotland

Aston University England

University of Bath England

University of Liverpool England

Durham University England

Newcastle University England

Kent state university Ohio

San Jose State University California

Wright State University Ohio

Clark University Massachusetts

Rowan University New Jersey

Arkansas State University Arkansas

University of Wisconsin Milwaukee Wisconsin

Southern Illinois University Edwardsville Illinois

University of Findlay Ohio

Popular English Language Proficiency Exams