MBA degree takes the career of an individual several notches up in the field of business management. Earning an MBA degree in a desired field gives a competitive edge by equipping you with the latest skill, training and knowledge of the field that your peer may not have, thereby increasing better career growth and opportunities. The MBA/PGDM degree is imparted in various specializations that one can choose bases on their interest and aptitude.
There are over 30 MBA specializations being offered by management institutes in India.
- Traditionally, Finance, Marketing, International Management, Human Resources, IT/Systems, Operations Management and Entrepreneurship have been the most sought-after MBA specializations. They are considered the safest career options by most students.
- However, with time and technology, business needs are changing. Business schools and students are moving towards upcoming MBA specializations such as Business Analytics, Digital Marketing, Global MBA, etc.
- MBA degree in niche areas such as Health Care Management, Communications Management, Innovation, Hospitality and Tourism, are also gaining immense popularity.
- One must understand the various MBA branches (or MBA specializations) to make the right career choice
HOW TO CHOOSE MBA SPECILZATION ?
MBA aspirants can choose to pursue MBA General course or take up a specialization of their choice in the said programme. But it is very important to choose the right specialization as this decision can make or break your career. When choosing an MBA specialization, you must take into consideration the following:
- Career scope of the specialization/ placements/ internship opportunities
2.Long term career goal
3.Reputation of the institute faculty in the specialization of your choice
4.Pedagogy of the specialization of your choice
5.Infrastructure of the college for specialization of your choice
6.Course fee and Return on Investment (ROI) of the programme