
In order to hone their business skills students are generally given an overall idea about various subjects of management.
During the final year of study students are offered various specialization subjects from which they have to pick one of their preferred subjects. However, choosing one’s specialization is not so easy. There are a lot of factors like personal strengths, market demand and long term career benefit to be taken into account while choosing the same.
Here are top a few specializations that strike the chord in MBA
Finance
It’s perhaps the best for all top MBA Programs in India. A specialization in Finance will give an idea about costing, budgeting, international finance, corporate finance, capital market, wealth management and many other aspects of financial market. After completion of this course one can find a good career in any organizations or can also join any financial consulting firm.
Marketing
Marketing is supposed to be the most popular stream in MBA and most importantly always in demand. MBA in marketing helps a student to understand consumer behavior, market, advertising and many other important fields. One needs to have an excellent communication skill along with resource mobilization skills and an undying zeal to excel in marketing.
Human Recourse (HR)
The next choice is Human Resource where a student can acquire skills related to frame company policies, cross-cultural confluence, monitoring work ethics in diversity, mergers and acquisitions, labor markets laws and international leadership. If you have good communication skills, a charismatic personality, and are dependable and confident, MBA in HR is for you. Graduate in any stream can pursue MBA in HR.
International Business (IB)
With companies worldwide are spreading their operations, an MBA in International Business promises a lot of career opportunities for students pursuing the same. It provides an in-depth understanding of the organizational capabilities required for international operations, including specialized functions such as international marketing, finance etc.
Operations
Ideal for engineers, MBA in Operations would provide them an advantage over their peers in product development, designing and process optimization. It deals with day-to-day production management or shop floor management.
Information Technology (IT)
Aimed to sharpen students with the planning, design, selection, implementation, usage & administration of emerging and converging information & communications technologies, MBA in IT is in great demand in today’s market. IT graduates play essential roles on the business team, typically designing and implementing hardware and software solutions to business problems.
Supply Chain Management
With the growing needs of skilled workforce in the retail segment, MBA in supply Chain Management finds huge application in inventory management, warehousing and transportation of various materials as required by a client or a company.
Rural Management
Ideal for candidates interested in marketing, MBA in Rural management is in demand in order to meet the huge gap of skilled professionals in the field of rural business. With consistent emphasis by the Government to boost up development in the rural market segment along with corporate and various development organizations, an MBA in this stream promises a lot of career opportunities.
These are some of the most sought after MBA programs. Besides there are a couple of others like Health Care Management, Agri Business Management which can give you good career avenues, however, before jumping to any conclusion, one must think about its future career graph along with current industry demand.
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[…] of this need is also must. As a result of which big community of student prefer to do this specialization in MBA program. MBA Finance provides a student and business with skills like corporate investment […]
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[…] 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 […]