What are the most in-demand MBA Specializations?
May 22, 2019
There are more than 3000 MBA colleges in India that offer specialized MBA programs and prepare you to be an international manager. Pursuing an MBA specialization becomes an added bonus to the MBA degree as it helps in attaining knowledge in specific areas related to business functioning.
Choosing an MBA specialization is not easy, it is important to consider your career goals before making a final decision. But, how do you know which is the best MBA specialization for the future? If you seek an answer to this question, then you have reached the right place. This article highlights the top four MBA specializations to help you make a better choice.
1. MBA in Finance
If you are interested in accounting, then it would be beneficial for you to opt for a specialized MBA degree in Finance. This course lays a foundation in strategic planning and financial analysis and opens numerous career opportunities in the world of business. This specialization can prepare you for exciting careers in banking and managerial positions in the financial sector.
2. MBA in Marketing
If you have an outgoing personality with skills to influence people, then an MBA in Marketing is a perfect fit for you. This MBA program exposes you to international markets and enhances your knowledge of global marketing techniques, offering you several opportunities in the corporate world. MBA marketing graduates can pursue roles such as Market Research Analyst, Business Marketing Representatives, Development Officer, and Sales Executives.
3. MBA in Operations Management
Many best colleges for MBA offer MBA courses in operations management that help you understand the global industry trends. This specialized MBA program is mainly concerned with planning and organizing in the production as well as manufacturing units of the industry. Some of the most common career opportunities for MBA operations management graduates include Supply Chain Management, Logistics Planning, Inventory Control Management, and Business Consultation.
4. MBA in Human Resource Management
One of the MBA specializations that are in demand these days is Human Resources (HR) Management. The credit for maintaining the employee turnover rate and employee relations in a company goes to the HR team. This course prepares you for managerial roles in the HR department. Graduates can expect to lead the recruiting process with national as well as international businesses, or manage a team within the HR department.
Apart from the above-mentioned MBA specializations, you can opt for various other specializations depending on your interest, flair and career goal. For instance, Thadomal Shahani Centre for Management (TSCFM), offers six specialization courses such as Marketing, Finance, Banking Management, Human Resources, Digital Marketing, and Media Management along with a global MBA course that covers all the fundamental aspects of business and prepares you for the international industry.