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Top 10 MBA Specializations: Choices and options

 12-DEC-2012

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Master of Business Management (MBA) is typically a 2 year programme which aims at making a candidate proficient in all the subjects of management and an expert for one. In first year of MBA the main focus is on giving students a brief idea about various subjects of management. In the later part of the first year they are also introduced with the specialized areas.

In the second year, student has to choose one specialization of his/her choice from the variety of specializations available. This is not applicable if students have taken admission in a specialized course (sectoral MBA). Choosing a specialization can be a difficult process for students. It is very important for student to consider their career goals and professional development before choosing a specialization. 

Here are top 10 specializations that strike the chord in MBA

1.Finance

 MBA in finance is the oldest form of MBA specialization. It prepares you in various subjects like costing, budgeting, International finance, Capital Management etc.  After studying these subjects you become specialized in Financial Management which enables you to work in finance department of any organization. If you want to persue MBA in finance then you must be a graduate in any stream.

2.Marketing

MBA Marketing is very dynamic and competitive. MBA in marketing helps a student to understand consumer behavior, market, advertising and many other important fields. One needs to have excellent communication skills, resource mobilization skills and an undying zeal to excel in marketing. If you want to persue MBA in Marketing then you must be a graduate in any stream.

3.Human Recourse (HR)

MBA in HR Management is for those wanting to develop a management career in HR and strategy. This includes diversity, mergers and acquisitions, labor markets and emerging economics 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 persue MBA in HR.

4.International Business (IB)

The Master of International Business provides an in-depth understanding of the organizational capabilities required for international operations, including specialized functions such as international marketing, finance etc. The degree may be thought of as an MBA with a particular focus on multinational corporations. Admission normally requires an undergraduate degree in any discipline.

5.Operations

MBA in Operations helps you to deal with Production Management or Shop Floor Management. You learn how to maintain process flows, develop vendor and inter-departmental relationships. Most candidates with engineering backgrounds go for MBA Operations, as it gives them an edge over their peers in product development and designing, and process optimization. However, graduate in any discipline can persue MBA in operation.

6.Information Technology(IT)

MBA in IT is designed to educate & develop managers who can effectively manage the planning, design, selection, implementation, usage & administration of emerging and converging information & communications technologies.

IT graduates play essential roles on the business team, typically designing and implementing hardware and software solutions to business problems. Graduate in any stream can persue MBA in IT.

7.Supply Chain Management

MBA in supply chain management is a unique and exciting opportunity in the field of business management. It includes inventory management, warehousing and transportation of various materials as required by a client or a company. Supply chain Management can be done by graduates of any stream.

8.Rural Management

MBA in rural Management is a unique programme that is being offered to fulfill the huge industry demands for managers skilled in the field of marketing with a focus on rural businesses. There is immense growth potential in rural markets and increasing realization of this importance to Corporate and Development Organizations. Any graduate can apply for Rural Management MBA.

9.Agri Business Management

Agri Business MBA is a upcoming specialization. In this MBA a student learns to manage companies which process, market, and merchandise agricultural products to consumers. The student must understand the management, marketing, and finance with an emphasis on specialized requirements of the agribusiness sector. Any graduate can persue Agri business Management MBA

10.Health Care Management

An MBA in healthcare covers core business skills and practices. But it focuses on the specific issues managers may encounter in roles such as hospital administrators, medical practice managers, insurance-company executives and a wide variety of other roles. Any Graduates can persue MBA in health care management.

Related Articles:

    By:Irshad Husain | On:04-MAY-2015 15:38:33


    Dear Sir, I have completed B.Tech in computer scicnce & engineering in 2013. Currently i m doing job in a company as a network engineer. I want to do MBA in Information Technology by distance education. So please tell me about the colleges of distance education of MBA and also tell me about the fee structure.


    By:Nimisha Thakur | On:02-MAY-2015 00:56:52


    hello sir/mam... now m doing b.com tax ...and interested to do MBA. after my graduation so how should I prepare for exams?


    By:komal | On:20-APR-2015 12:54:34


    i am commerce graduate and hold degree of company secretary. now i want to do MBA program with health care mgt. please let me know what subject is better option for best career growth.


    By:Jyotsna saiyam | On:19-APR-2015 23:34:49


    Very gud morning sir.. My name is jyotsna im persuing bca last sem..sir mera 12th me bio subject tha bt mene uske bad bca kr rhi hu, ab mjhe samjh nhi aa rha h ki mr bca ke bad kya kru, bcz mene bca ke sath network marketing ki h 2yr.. Esliye mba me intrest hai, sir plzzz suggest me plzz


    By:NANDHINI | On:16-APR-2015 18:46:32


    hello sir/madam i intrested to study MBA degree now i completed B.E computer science and eng in 2015 batch am not intrest in IT FIELD i intrest mostly banking and marketing so pls helpme for my studieswhat course are suitable for me


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