Which Is The Best MBA Specialisation For You?

Many Master of Business Administration (MBA) aspirants are haunted by the decision to choose a specialisation. While choosing a specialisation, think of your interest: Is it numbers? Are they selling and interacting? Is it technology? Is it people management? Aspirants, nowadays, are befuddled when the question to select a specialisation arises. Many new specialisations – sports management, hospitality, hospital management, etc. – have cropped up in the realm of management. Read on to know the best specialisations, having bright career prospects at present.

The most desired 5 MBA specialisations

Finance

MBA (Finance) opens doors for many career options. People often misconstrue that a management student of finance ends up in a securities firm or investment bank. An MBA in finance gets innumerable opportunities in the corporate domain. An MBA (Finance) can become a corporate giant’s:-

•    Financial Analyst
•    Accounting Manager
•    Finance Manager
•    Cash Manager
•    Treasurer

Operations
   
MBA (Operations) helps students know about shop floor and production management. While studying operations management, aspirants learn to:-

•    Maintain process flows
•    Do ancillary management
•    Develop inter-departmental relationships
•    Foster vendor relationships

With operations as your specialisation, you can be a:-

•    Product Manager (entry-level position)
•    Technical Supervisor (entry-level position)
•    Chief Technology Officer (high position)

Marketing

This is a well-known specialisation in the field of management.  Marketing is a frontend job that is apt for leaders. Aspirants of this specialisation must have:-

•    Excellent communication skills
•    Dynamism
•    High confidence
•    Skills to mobilise resources

A Pursuer of MBA (Marketing) can be:-

•    Brand Manager
•    Marketing Manager
•    Market Research Analyst
•    Sales Manager
•    Chief Marketing Officer

Human Resource

MBA (Human Resource) is reputed as one of the trickiest jobs in the corporate domain. The aspirants of this specialisation have to do:-

•    Employee Selection
•    Employee Recruitment
•    Employee Compensation Analysis
•    Employee Training and Development
•    Job Analysis
•    Performance Appraisals

Every top business school in Rajasthan offers the above-named specialisations. A premium MBA college in Rajasthan must be chosen as it lets students study industry-integrated syllabus.

What Are The Most Demanded MBA Specializations?

The knowledge of management is critical to orchestrate any sector, ranging from IT, telecom, food & beverages to transportation.  Such indispensability of managerial knowhow led several academicians to put their head together for preparing a program called Masters of Business Administration (MBA). As the time passed, the corporate world started appreciating as well as demanding managers, having specialised knowledge.

As per a survey report, Finance, Marketing, Operations Management and International Business are among the top MBA specializations. By and large, all the MBA colleges in North India offer these specialisations.  Apart from the conventional specializations, there are many emerging ones such as Health Care Management, Information Technology, Human Resource, Hospitality, Tourism and Communications. Continue reading to know more about these specializations.

Marketing

The specialty offers several opportunities to an aspirant.  Marketing is a board field, including Public Relation (PR) and Advertising as well.

Finance

Finance is one of the popular MBA specializations. The students of this speciality learn about account management, the Indian capital market, privatisation, international finance and banking.     

Information Technology

The speciality is apt for becoming future IT Managers. IT has become a core part of every business, regardless of the nature. IT Managers are responsible for planning, designing, implementing as well as managing information and communication technologies.

International Business

The speciality of International Business helps students to know about multicultural work environment. Nowadays, more and more companies plan to have a worldwide client network. It is advisable for a company to launch its operations around the world with the assistance of International Business Managers. 

Human Resource

This is an up-and-coming speciality. The speciality manages all the employees (Human Resource) of an organization. Human Resource Managers plan, strategise, recruit and train the employees.

The popularity of these specialities, however, varies from time to time. Choosing the correct specialization is significant to shape the career.
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