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Things to Keep in Mind Before Choosing Your MBA Specialization

December 21, 2018

Things to Keep in Mind Before Choosing Your MBA Specialization

An MBA degree can certainly give your career a boost. However, you must pick the institution wisely as not every business school offers high-quality education. Other than that, you should pick the specialization with care as well.

The following are some of the things that you want to keep in mind before you pick your MBA specialization:

1. Your Personality and Strengths

What are the things that you are really good at?

Is it selling or marketing, or is it understanding people and solving problems?

If it’s the former, then you can pick “Marketing” as the specialization, and if it’s the latter, then you can pick “Human Resources”. In the same way, there are many other types of specializations and you can pick one that suits your personality and your innate strengths.

2. Salary

While it’s true that an MBA degree from a prominent business school will surely fetch you a high salary, but even then, you can earn more if you pick a certain specialization.

For instance, you can earn a much higher salary if you specialize in “Strategy” compared to other specializations like “Finance” or “General Business”.

3. Institute

If you have secured a seat in multiple business schools but are getting your choice of specialization in an institute that’s not the best one on the list, then it’s better to choose a different specialization in the best institute instead. This is because an institute’s reputation matters more than the specialization in the long run.

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