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Trending MBA specializations

An MBA prepares you as future leaders and so you are greatly valued in the market. It opens a world of opportunities enhancing your career. There are many MBA specializations you can think of depending on your strengths and current market dynamics. Besides traditional specializations, emerging MBA trends in varied fields like sports, logistics and supply chain management, music management and luxury brand management are grabbing students’ attention.

MBA in Logistics and Supply Chain Management

Logistics and Supply Chain Management has gained immense prominence in the last few years as an emerging MBA specialization. Getting products and services to the right place, at the right time depends on a company’s effective and efficient logistics and supply chain processes like managing transport, warehousing, planning and controlling the flow of how the product or service is going to be delivered to the customer, etc. Looking at the large consumer market, it has become imperative for businesses to hire professionals who have the requisite knowledge and skills to handle this job.

Today, an organization’s reputation depends on how efficiently it serves its customers. Therefore, individuals with a qualification in logistics and supply chain management play a huge role in shaping the reputation of a brand. Once you obtain your degree in this field, you can take up roles like logistics or supply chain manager, consultant and analyst. You can work in the retail industry, real estate sector, catering firms, hospitals and big international trading houses, etc.

MBA in Sports Management

With the increasing number of sporting events taking place in India every year and India’s participation in global sports, there is a rising demand for professionals who can plan and organize these events successfully. MBA in Sports Management revolves around the sports business as well as administrative aspects of sports like sports marketing, event management, facility management, sports economics, finance, branding and promotion, etc.

There is a huge demand for Sports Management professionals, considering the growing number of sports events happening across the country. A person acquainted with sports management can work as a Sports Agent, Sports Marketing professional, Sports Director, Event Manager, Player Personnel, PR and Community Relations Officer, Sports Broadcasting Manager, Sports Administrator, Sports In charge etc.

MBA in Luxury Brand Management

A Masters in Luxury Management is designed for those who want to work in the luxury sector and allows you to specialize in areas such as fragrance and cosmetics, and wine and spirits. Many business schools have created luxury management MBA programs in response to the need for employees with specialized skills and an understanding of the luxury market. Having a specialization makes graduates with a Masters in Luxury Management more appealing to employers.

MBA in Music Management

Students who wish to build a career in music management must have a fair knowledge of music production, sound engineering electronic production management and e-marketing. A Master’s in music business management trains students in key business areas like finance, marketing, leadership, organisational management and entrepreneurship with special application to the music industry like knowledge of intellectual property and copyright laws, and a focus on the live music industry and revenue through digital content.

Since most B-schools look for students with work experience, freshers should work in their field of interest for a short time before making the final decision on the MBA specialization. This will help them understand the way the industry functions as well as gauge their individual long term interests.

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One response to “Top 4 New Age MBA Specializations”

  1. MBA on EMI says:

    […] the skills learned within an IT specialization are almost identical to the skills learned in other MBA specialization. The principal difference between other MBA and IT MBA are they focus on industry specific […]

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