Education has always been a field that has expanded its horizons to the best of its ability. With the advent of technology, numerous educational programs have been introduced with the objective of meeting the current market demands. Whilst these courses might be highly relevant, no course can surpass the Master of Business Administration. With a constantly evolving market, MBA programs bring a real world exposure to the students, which unfortunately no other course promises.
While most of the management institutions have always followed the conventional coursework which specialized only in Marketing, Finance, and Human Resources; there has been a shifting trend in this pattern considering the numerous fields that are gaining prominence every year. Though the relevance and value of Marketing, Finance and Human Resource MBA’s are never bound to diminish, one can clearly attest to the fact that various other specializations like Telecom Management, Operations Management, Health Sciences, Sports Sciences, International Business among others have taken over the market by a storm. Here’s why each of these specialized MBA’s are gaining prominence at a steady rate:
According to the US Bureau of Labor Statistics, by 2020, there will be a 26 per cent increase in logistics roles.
On the basis of a report by India Brand Equity Foundation (IBEF) the Indian health care sector, is expected to reach $160 billion by 2017.
Specialization programs in the field of Entrepreneurship Management have seen a humungous growth thanks to the rapid rise in business and start-up ventures across the country, which for now is considered as the next tech hotbed.
It is touted that by 2025, at least 23 lakh people are expected to become a part of the Indian sports industry.
By being a master in such specialized streams, individuals increase their chances of getting picked by the top recruiters of the world. Premier Business Schools in India like the Indian Institute of Management, Indian School of Business, Symbiosis Business Schools are among the few educational foundations in the country that offer world-class exposure for such specialized MBA programs.
All in all, it all boils down to how one realizes the value of a streamlined MBA program and the institution they choose to pursue it from, for it may have the power to shape your future.
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