| Specialization | Type of specialization | Areas of function and study | Average salary package | Best Universities in Canada |
| MBA in Finance | Functional | Financial management is a specialization that focuses on areas like financial management, accounting, money markets, capital, international finance, banking, and insurance. Students from commerce background and knowledge of accounting can go for an MBA in Finance. | The average salary ranges between CAD 61,000 and 130,000 (INR 35,87,238-76,42,437) yearly after MBA in Finance. | University of Alberta, University of Calgary, University of Toronto |
| MBA in Human Resource | Functional | Human Resource Management is a specialization that focuses on recruitment, employee engagement, staffing, retention, salary, performance appraisal and employee relations among others. | The average salary ranges between CAD 89,000 and 169,000 (INR 52,32,121-99,33,871) yearly. | University of Alberta, University of British Columbia, University of Toronto, McMaster University |
| MBA in Operations | Functional | The specialization deals with areas like improving productivity to deliver value to the end customer, turnaround time, cost, and quality. | Average salary ranges between CAD 64,000 and 107,000 (INR 37,61,109-62,89,480) yearly. | McGill University, University of British Columbia, University of Toronto, University of Concordia, Queen’s University |
| MBA in Information Technology | Functional | MBA in Information Technology revolves around programming, analytics, machine learning, artificial intelligence, and various technologies. | Average salary ranges between CAD 95,000 and 212,000 (INR 55,85,075-1,24,63,535) yearly. | University of Alberta, University of British Columbia, University of Toronto, University of Concordia, York University, McGill University |
| MBA in International Business | Functional | International Business involves various aspects of business all over the world. IB professionals are mainly into research of businesses across the world and determining their performance. | Average salary ranges between CAD 99,000 and 113,000 (INR 58,18,539-66,44,523) yearly. | University of Alberta, University of Toronto, University of British Columbia, University of Concordia, Queen’s University, York University, University of Montreal |
| MBA in Marketing | Functional | The areas of work include selling, business development, revenue generation, leads, customer service, market research, techniques, and marketing strategies. | Average salary ranges between CAD 89,000 and 95,000 (INR 52,33,297-55,85,607) yearly. | Queen’s University, University of British Columbia, University of Alberta, University of Concordia, University of Toronto |
| MBA in logistics and supply chain | Functional | Areas like planning, implementing, controlling the flow and storage of goods and services between the point of origin and consumption are the focus. | Logistics and supply chain is a rewarding career with an average salary of CAD 65,000-89,000 (INR 38,21,731-52,33,448) yearly. | University of Toronto, University of Alberta, University of British Columbia, University of Concordia, Queen’s University, York University, University of Montreal |
| MBA in Healthcare | Functional | It is a fast-growing industry, and the scope is vast in the pharmaceutical and government healthcare sectors. Private sector offers equally rewarding opportunities. | Average salary ranges between CAD 90,000 and 111,000 (INR 52,92,250-65,26,561) yearly. | University of Toronto, Queen’s University, McGill University, University of Concordia, University of British Columbia |
| MBA Data Science | Functional | The industry revolves around interpretation of data, researching data sources, processing data, and creating data models. | Average salary ranges between CAD 98,000-162,000 (INR 57,60,738-95,22,854) yearly. | University of Montreal, University of Alberta, University of Toronto, University of Concordia, Queen’s University, York University, University of British Columbia |
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