How to Choose your MBA Specialization 87 rate or flag this page Tweet this By yamanote
The Specializations Boom MBA programs come in all shapes and sizes, but most prospective students play it safe and plump for one of the stalwarts of finance, marketing, or management. One of the main reasons for this is that they do not fully investigate the diversity of specializations out there, and that’s a great shame because only once a student knows the full range of MBA options can they select the one that best fits their career goals. The standard specializations are: Marketing, Finance, Human Resources, IT/Systems, Operations, and Entrepreneurship, but these are rapidly being joined by more specific subjects, such as Corporate Social Responsibility, Wine Management, Football Industries, Luxury Brand Management, Hotel Management etc. The trend to such courses is accelerating, with 2,500 candidates taking them in Europe in 2007, compared with just 200 ten years ago. Are Specializations Credible? All MBAs hold certain core attributes that are valued by employers seeking to hire the managers of the future, and general MBAs teach their students to think strategically and analytically. However, if you add to this a specialization that matches with future career goals then the combination can fast track a candidate to senior management. Some people think that prospective employers are reluctant to hire people from such specialized programs because they lack credibility. After all does Hilton Hotels really need to hire an MBA in Hotel Management rather than an MBA generalist from a top school? The answer is not a simple one, and it all comes down to the credibility of the course in question. Students should be wary of small universities that are just using marketing skills to promote “hot topic” courses without having the depth to deliver a high quality course. The Two Most Important Factors in Selecting a Specialization If you decide to take the specialization route then you need to make sure that the school is well ranked for that specialization. For example, if International Management is your bag then the best schools are: 1. INSEAD 2. Thunderbird, The Garvin School of International Management 3. Harvard Business School 4. The Wharton School, University of Pennsylvania 5. IE Business School Different specializations will have different rankings, so do your research – prospective employers will certainly do theirs. Another factor is the one-year versus two-year course selection. A two-year course allows the student to be generalist in year one, and move to specialist in year two. On the other hand, a one- year specialist MBA is really a branding exercise as there is not enough time to cover both standard MBA topics and the specialization within the limited term time. Example of Specialization: International Executive MBA Links for Finance MBA • ETF Analyst: “Leveraged ETFs are Toxic.” The Exchange Traded Fund (ETF) industry is fast becoming the darling of the asset management sector with investors piling in with abandon - $270bn in 2008 alone. However, many of these investors are not fully aware of the risk that they are taking as • Bond Investing Basics Why would any one bother with bonds? Stocks have consistently demonstrated that they outperform bonds over time. The reason to consider bonds is that they are a fundamentally different type of investment where the bondholder is a creditor of the comp • Internal Rate of Return for Dummies The Internal Rate of Return (IRR) is one of the most commonly used financial measures in real estate investment, and one of the least well understood. This article gets to the bottom of the mystery. Example MBA Specializations Marketing MBA Specialization This specialization can help accelerate your entry and progress in some of the most competitive fields: marketing, advertising and public relations. Hospitality & Tourism MBA Specialization For those that want to work in management roles in hotels, restaurants and the tourism sector this MBA can equip you with the management techniques needed to rise to a senior position. Human Resources MBA Specialization This MBA can lead to a key role managing a company’s most important asset – its people. You will learn about best practices in hiring and training. Health Care Management MBA Specialization This is a specialization that could prepare you for management positions in health care facilities, pharmaceuticals, insurance, care facilities for the elderly, and public health agencies. It’s a growing industry, which is seeing this become an increasingly popular MBA. Communication MBA Specialization This is for students looking at jobs in media, advertising, journalism, and public relations. MBAs are not widespread in these fields in the same way that they are in finance, and they can give a real competitive edge in advancing to mid- to upper-level management positions. Entrepreneurship MBA Specialization This is a controversial one because many claim that entrepreneurship is not something that can be taught. These criticisms miss the point that this MBA is really about business administration strategies that engender the same innovation that makes entrepreneurs so successful. Links for JD MBAs • What is Strict Liability? Strict liability is an interesting concept in criminal law. In some crimes there is a guilty act (actus reus)which has an identified consequence, but the defendant did not know about, or intend for that... • Elements of a Criminal Offense Usually a person can’t be found guilty of a criminal offense unless both actus reus (guilty act) and mens rea (guilty mind) are present. We covered actus reus in a previous article, and now we will go on to... • Criminal Liability and Actus Reus Actus Reus is the term used to describe not just a criminal act itself, but all of the circumstances and consequences that make the act a crime. In this article we look at what that actually means. We coverthe fact that causation can be broken by an Concluding Thoughts Specialized MBA programs are certainly spreading, from investment management, through to arts administration, real estate, and biosciences. But are these just branding exercises for smaller schools, rather than truly useful courses that benefit students? It seems not with established schools such as Berkley, Wharton and MIT offering programs in fields as specialized as sports management and e-commerce. However, for students who take a specialized MBA not only are they accelerating their progress within that specialty, but also they are limiting their opportunity to work outside it. That can be problematic when your sector is hit by an economic downturn. Another factor is that since these programs are new they often require a lower GPA, which means that you can possibly use them to enter a better school than would otherwise be possible. vote up vote down share Print flag Was this Hub ...? • Useful (8) • Funny (1) • Awesome (2) • Beautiful (1) Comments
MRdivman 15 months ago Good article. It would help MBA students a lot if the B-schools had more internship programs. These were few and far between when I got my MBA, but I remember that my rate of learning went up exponentially on the job. There's nothing like "earn while you learn". shanker lal keer 14 months ago sir, i am parsuing mba in first sam .my pg backgroung is arts.but i intersting dd mba in finance . what is must ability for finance specialization. send my id [email protected] Alice 12 months ago What are the different specialisatins in MBA?
yamanote 12 months ago Alice, they are diverse and vary from university to university. Please feel free to add some information in the comments after your research. aditi 11 months ago nice article .wish it would have been more elaborate informing about skills required in various specialization. AMIT 11 months ago SEE I M YET NOT CLEAR ABOUT THE SCOPE WHICH AN MBA SPECIALISATION HOLD SO CAN U TELL ME PLZ THAT WHAT SCOPE DO VARIUS COURSES HOLD?? AND IS DER ANY SPECIALISTAION OFFERED IN PETROLEUM SECTOR TO?? POST ME TO MY MAIL ID [email protected] Siddaraj M 11 months ago Hello , Name MBA in Production Or Operation or Supply Chain Management college in Karnataka?
askjanbrass 10 months ago I would think that IT specializations would be more popular, with the transitioning of more and more work to be done using networked technology. Then again, there is some potential for computer science majors to take IT positions in many businesses. Great post about MBAs, thanks for sharing! Ali 10 months ago Hallo.. My name is Ali ,I am doing MBA but totally confused about the specialisation, i have completed BBA-IT in my bachelor in india ,and now iam in my 2nd sem of MBA... pls help me for the selection. available Courses are IB-HR-Marketing,OerationFinance Praveen Kumar Srivastava 10 months ago I am praveen.i am doing MBA.My 2nd sem of MBA.but i can't decide the specilization in our collage.so plz suggest me and help me.what should be choose the specilization in MBA course.i have done BCA.my background is IT.but my collage are not provide the smoothly IT specilization.i want to ask about the IB specilization.bcz IB specilization are provide my colllage.in my collage run the specilization in HR,Finance,IB,Marketing azhar 9 months ago i m in MBA 2nd sem. i m from commerce background. i m totally confused about the specilization so please suggest me Prakash 9 months ago I am in MBA 1st Year, my UG is B.E(Computer Science). I am confused about the specialization. Available specialization in my college are HR,Finance,Marketing,Systems,Production and Operation. Please suggest one for me. Uday 9 months ago hi my name is uday i finished my Engineering in computers i am planing for MBA in Avation so please could u suggest me how will be the Avation MBA Program. Mail me:[email protected] mango 9 months ago hey pls let me know abt the scope in international management and is it really worth doing an mba in it as far as the placements r concerned .....or is it better to opt for pure HR ? my email id is - [email protected] valli 9 months ago hello sir, i am studying MBA first year,my UG is B.ScIT,which is correct specialization to me in 2nd year,MBAhr or MBAsystem? Rashmi 9 months ago Hi... I am studying MBA first year,my UG is B.ScCS i.e. computer science,which is correct specialization to me in 2nd year,MBA HR or MBA SYSTEM? Triveni 9 months ago Hello, I am doing MBA in Bharati Vidyapeeth university in sangli. i have completed BCA.i am confused about the specialisation. my college provide dual specialisation means i can do MBA-IT with any specialisation Subject like HR,Finance,Marketing. So plz give me some suggetion on my e-mail Id-- [email protected] BINOY GEEVARGHESE 9 months ago My name is BINOY ,I am doing MBA but totally confused about the specialisation, i have completed B.COM. My ambition studing MBA shipping and logistics.but i don't know job opportunity in this course. So plz give me some suggetion on my E-MAIL ID [email protected] sanjeev 9 months ago helo sir m prusuing mba 2sem and i face difficulity to choose the specialization program. some says markiting is best for future. and some says hrm. so plzzz tell me how i can choose .sir i decide marketing in major and ib in minor plzz send ur sugession plzzz sir i thougth doing mba in marketing research.is it right decision plz tell my email [email protected]
smrj 8 months ago i m ramsha.. mba student.. sharing the blog about mba study... www.myeasymba.blogspot.com Preal 8 months ago Hi, I am looking for MBA and having IT Work exp for 5 Years and i am confused for the Specialization course. Also please let me know the Job prospects according to that specilization.Kindly send the answer to [email protected] Rohit 7 months ago I will complete my B.E. in Computers June...i want to go for online MBA course...please suggest me nice option..i am weak in accounts..so cant join finance..nor interested in retail or maketing or HR Manish Londhe 7 months ago I am an engineering professional with degree in Mechanical. I have 17 years experience in the field of Edible oil industry. I have handled: 1. Projects 2. Maintenance 3. Energy management Now I am as a DGM Projects in an edible oil manufacturing company. Kindly suggest a proper MBA course with reason. Thanks Manish Londhe Abhinav Dhiman 7 months ago I m doing MBA nd I have completed my bca so confused with the specialisation.....help me out what to do... not that much good in computers Abbasi 7 months ago Very pathetic that people are asking others suggestion to compromise on their career. Rise up guys, you are no more children to ask others, think and realize the need of which is most sought- after specialization in the market and what bachelors have you done previously. priya 7 months ago hi am priya.iam doing my 2nd year b.com.i want to specialise in hospitality management.will i b eligible to pursue my study in hospitality management,as i am graduating in b.com.and can i know the best universities of hospitality management in the world? unais 7 months ago i am unais .i am doing my mba in bangalore . now i am totally confused in what specialistion i made . i nwould like to do it in finance but iam not a b.com background student .so suggest me which on is most favorable for me v.vadivel 6 months ago hai i m vadivel doing first yr mba. my ug background is bsc(cs) i am very confused about the specilization of mba. available courses of my college is finance,marketing,hr which one is best for me. e-mail vadivel.5122@gmail vij 6 months ago hi, i hv completed B.E in IT n persuing to do mba, bt i m confused about the the specialisation. plz help me out my email id is [email protected] vasanth 6 months ago SEE I M YET NOT CLEAR ABOUT THE SCOPE WHICH AN MBA SPECIALISATION HOLD SO CAN U TELL ME PLZ THAT WHAT SCOPE DO VARIUS COURSES HOLD?? could you plz say which courseholds good for a veterinary doctor. mail me at [email protected]. thank you MD ABDUL KHADER 6 months ago I HAVE COMPLETED BE(COMOUTERS),I AM CONFUSED FOR WHICH MBA SPECIALIZATION SHOULD I GO....email me at [email protected] abhishek 6 months ago hi its abhishek...i did my engineering in computer science... which MBA specialization would be better for this profile... if i have to choose two specialization then which two can i choose... i m interested in finance can u tell me certification courses in finance.... thankyou in advance [email protected] ASHISHC 6 months ago I HAVE COMPLETED BE(I.T),I AM CONFUSED FOR WHICH MBA SPECIALIZATION SHOULD I GO....email me at [email protected] crownson 6 months ago Which MBA Specialization is good to choose valli 6 months ago i have to join in mba iwould like to do my spetiolisation i both hr & finance my subjects in degree are bio_chemistry,bio_informatics,computerscience so, my way is correct or not, plz tell me sakshi 5 months ago i am pursuing graduation and i am tensed that what is good for me....???i thought its better if i do MBA but now i am confused tht what feild is good for girls.....??/please suggest me.... Moumi Panja 5 months ago i have completed my b.tech in computer science and engineering. which stream in mba will be the best for me? rohit kumar 5 months ago im dng mba from ptu & its the time to choose 1 specialization amongst many...i have shortlisted (marketing & finance)would u please help me in this aspect..either i should go for marketing or for finance sadhana 5 months ago I have completed my UG is B.sc in biology. I am confused for which mba specialization should i go ... Available specialization in my college are HR,Finance,Marketing, i have to choose two specialization then which two can i choose... Please suggest for me. email : [email protected] PAWAN NICHIT 5 months ago I am doing my mba in mumbai university. I had completed my first year of mba,now i need to choose specialisation, i want to take finance as aspecialiation,but i have fear of failing. I had completed my graduation in bcom. what i will do,shall i change my specialisation or take risk in finance.give me your proper guide line,or send me valuable book name. which is easy to understand about my syllabus, and achive my goal clearly gulshan 5 months ago sir i hv done hotel managment of three year (Bs.c in hotel management ) and now doing mba and i m totaly confused that which specilazation i have to choose sir it's my humble request to you that plz suggest me the right way i m waiting i m like dying anything becouse i hv so many responsibility . so i want to earn money in short period plz let me know [email protected] snehal patel 4 months ago .i am doing MBA.My 1nst sem of MBA.but i can't decide the specilization in our collage.so plz suggest me and help me.what should be choose the specilization in MBA course.i have done BCA.my background is IT. snehal patel 4 months ago I am doing MBA in Bharati Vidyapeeth university in sangli. i have completed BCA.i am confused about the specialisation. my college provide dual specialisation means i can do MBA-IT with any specialisation Subject like HR,Finance,Marketing. So plz give me some suggetion on my id [email protected] plz tell me..... minaz 4 months ago hellow sir,i like the way u give us idea abt mba specialisation.i completed my BSc(IT)three year degree program i choose software development skill as a career option but i didnt got the right job now i m working for service center i also wnt to do mba but i couldnt decide that what specialition should i select can u plz suggest me Ravi kumar tiwari 4 months ago Me Ravi kr tiwari, from Bsc(zoology)H background & i want to mba but i couldn't decide that what specialition should i select can u plz suggest me? rajesh 4 months ago here I am not posting any comment, I am asking a suggestion,I have done masters in chemisry, now I am working as a Jr.research associate for a global drug discovery company. Now I want to go for MBA, which specialization will be good for me and what position can I expect after MBA by using my experience. Please suggest me. nupur 4 months ago hi,, i am nupur joshi doing mba from sanghvi innovative academy. i have completed my b.sc in biotechnology. i am very confused About my specilization, as i am very intrested in HR but there is no job opportunity. Ankit 4 months ago Hi friends i just completed my graduation in BE-IT and i am looking forward to take an exp of 2- 3 year in any of the MNC and then to take admission in any of B-school(ISB most probably) which specialization in mba i should go for and what more information u think i need to collect or if u have that plz send me at [email protected] vishal laheri 4 months ago is it advisable to opt dual specialisation in MBA.i wanted to opt for fin & marketing.will i go wid my decision.i hav commerce background. rply:[email protected] amit 4 months ago i m bba final year student ples about the mba specilisation widely [email protected] rams 4 months ago which is best Specialization to bsc mpc student Srinivas 3 months ago Sir,im yet not clear about da scope which mba specialisation hold.so can u tel me plz.and am belong to maths background., Ravinder 3 months ago i am doing mba torism and hospitality from lpu . is there a good job in this field vikrant thakur 3 months ago i am doing mba in torism and hospitality from lpu .is there is a good job in airlines as cabin crew member. vaishnavi 3 months ago hi! im vaishnavi doing mba 1 semester,my ug qualification is B.Sc[IT], im totaly confused about the specialization, many are giving many suggestions for me, can u pls tell me which would be the best for me. the specializations provided in my college is finance , hr and marketing pls suggest the best one for me to get placed.... my mail id is:[email protected] rana shahzaib 3 months ago which specialization mba is best for me marketing or finance. please suggest me about us email id. [email protected] ashutosh singh 3 months ago i am ashutosh singh i am doing mba iam totly confused which spesilaisation deepika 3 months ago hi this is deepika,i have done btech in comuter science and have exp of 3 yrs as HR,but i want to go in marketing. my id [email protected] kapil saklani 3 months ago I have completed my B.sc in chemistry. I am confused for which mba specialization should i go ..email me at [email protected] Poorani 3 months ago Hi, I have finished BE in ECE.I have joined MBA. Which specialization will suit me best among HR,Systems & Marketing? Also i need to clarify whether dual or single specialization will be best? Reply me.Thanks in advance.. Poorani 3 months ago Hi, I have finished BE in ECE.I have joined MBA. Which specialization will suit me best among HR,Systems & Marketing?Also i need to clarify whether dual or single specialization will be best?Reply me.Thanks in advance. mail id: [email protected] AIJAZ AH. 2 months ago I AM PERSUING MBA FROM PUNJAB INSTITUTE OF MANAGEMENT PUNJAB. I HAVE COMPLETED MY GRADUATION WITH ECONOMICS, APPLIED MATH, COMPUTER APPLICATION AS MAJOR SUBJECTS NOW I AM CONFUSED WHICH SPECIALISATION SUITE ME Vachu 2 months ago Am in my 1st yr now in KIT, coimbatore. My coll provides the following specializations- HR,Marketing,Production,Systems,Finance. I did my ug degree in business management so no interest in systems. Am week in accounting so not interested in finance either. Many prefer HR. So I dont wish to take HR as well. But am not sure whether Marketing and production has scope. Am in a real fix. Can some one help me??!! :(
mabentrance 2 months ago MBA Information System Technology is playing an increasingly important role in all of our industry and commerce worldwide. Now here is this more the case than in India where our country is taking the lead in software development, networking and,of course, call centre business. MBA Information Systems program has rich links with the business community and education needs of a highly technological and rapidly changing business and education environment. MBA in information systems IT or computing. MBA for knowledge subjects which is taken as a granted in the industry and education to expertise in the most advanced systems. There are main components to your course Skills. You will acquire many practical IT skills, you will learn the skills of thinking, you will become a competent communicator in a wide plenty of business situations. You will learn the science of computing, you will learn about creating and developing. you will understand the urgent theories of management. you will become experienced professionals by the time you graduate. Soft Skills, We will prepare you for the work environment. It is not enough to have professional skills and to know the technical requirements of industry. You have to be able to fit in to a professional working environment. We teach you to look good, to write effectively, to listen and speak appropriately and to communicate at all levels on everywhere and every time. MBA entrance exams sakthivel 2 months ago I AM DOING MBA FIRST YERAR.I NEED TO GET GOOD JOB.SO IN SECOND YEAR WHAT SPECIALIZATIONS I WILL TAKE SEND YOUR COMMANDS..... sakthivelmba10 kanchana 2 months ago good article.gives clear view for students of mba to scrutinize their idea in selecting their specilization. Milind 2 months ago I am pursuing B.Tech, will i have any advantage if i do MBA in mass communication.....please guide me....i m totally confused. Daniyal 2 months ago What specialization is best now a days? NaG 2 months ago Hi friends, I am doing MBA 1st year.. My Background is B.tech in the stream of Electronics.. Which specialization is good for me? Plz give ur valuable advices.. plzzz... hemanth 7 weeks ago 1. Division of work Specialization increases output by making employees more efficient. 2. Authority. Managers must be able to give order. Authority gives them this right. Along with authority, however, goes responsibility. 3. Discipline. Employees must obey and respect the rules that govern the organization. 4. Unity of Command An employee should receive orders from one superior only. 5. Unity of direction. The organization should have a single plan of action to guide managers and workers. 6. Subordination of individual interests to the general interest. The interests of any one employee or group of employees should not take precedence over the interests of the organization as a whole. 7. Remuneration. Workers must be paid a fair wage for their services. 8. Centralization. This term refers to the degree to which subordinates are involved in decision making. 9. Scalar Chain. The line term refers to the degree to which subordinates are involved In decision making. 10. Order. People and materials should be in the right place at the right time. 11. Equity. Managers should be kind and fair to their subordinates. 12. Stability of tenure of personnel Management should provide orderly personnel planning and ensure that replacements are available to fill vacancies. 13. Initiative. Employees who are allowed to originate and carry out plans will exert high levels of effort. 14. Esprit de corps Promoting team spirit will build harmony and unity within the organization Panacea Integrated Solutions 6 weeks ago Without knowing the full range of the MBA specialization a student cannot select the option, this selection has to be done according to ones career goals.If you decide to take the specialization route then you need to make sure that the school is well ranked for that specialization. Accredited MBA Programs 6 weeks ago Thank you for this post. I think you guys hit the nail on its head: Specialization can be a very useful thing and in fact focusing on a specialization (based on your future carreer plans) can increase your fit into the program and heighten your chances of admittance. However, it is true that many smaller and often unaccredited MBA schools offer specialized degrees to set themselves apart and give them a competitive advantage over more established institutions. That is why ample research about the program and the school is vital. vamsi krishna 5 weeks ago i am gaining my first m b a, i have dual specialization in our university,i want to take finance and systems as my options , what about the future in this fields and any other information reguarding there fields Aditya Bali 4 weeks ago Sir, I want to know about the MBA specilisation. I am pursuing MBA from Kurukshetra University. My college is providing:Finance,Marketing,H.R,International business,IT. So which will be the best Specilisation for me ,As my interest lies in the Banking sector. vamsi 3 weeks ago could u tel me abt future in mba intrnl biz anuj 2 weeks ago tel me the future with a combination of finance and marketing, i am bit confused what to take as a major in finance i can work hard giv my all hard labour and understand it, in marketing i am quite good in conveincing.. please help. Anil 13 days ago Choose a Specialization where you can enjoy your work. Be passionate about your field. Stay cool and think which field is interesting and passionating to you. No body can suggest/direct you better than YOU !! SHIVAM SHRIVASTAVA 12 days ago sir, i am parsuing mba in first sam .my pg backgroung is B.sc.(IT).but i intersting mba in SYSTEM.WHT IS THE CURRENT MA sameer 10 days ago sir i did my 3 years digeree in hotel manegment. and i have 2 years exp in hotel but now i want to do mba but i confused wich specilization i will do pls suggest me and suggest me tha college.. my id .. [email protected] anand 8 days ago I'm mac graduate and planning to do MBA in abroad n i ve two year work experiences of Business executive in trading company,i ve little confusion for selecting specialization,can u suggest me for which one is good for carrier,(IT/INFORMATION SYSTEM,CORPORATE MANAGEMENT,INTERNATIONAL MANAGEMENT/INTERNATIONAL BUSINESS,OR GENERAL MBA)PLS suggest from those.Email ID [email protected] reply soon... anand 8 days ago I'm mac graduate and planning to do MBA in abroad n i ve two year work experiences of Business Development executive in trading company,i ve little confusion for selecting specialization,can u suggest me for which one is good for carrier,(IT/INFORMATION SYSTEM,CORPORATE MANAGEMENT,INTERNATIONAL MANAGEMENT/INTERNATIONAL BUSINESS,OR GENERAL MBA)PLS suggest from those.Email ID [email protected] reply soon... Accredited MBA Programs 6 days ago For some people a specialized Master's degree (e.g. Master in Finance, Master in Economics) might even be more interesting than pursuing an MBA degree. If you know exactly which area of business you want to go in to and need specific know-how enrolling in a specialized degree might be a good option. Rob 5 days ago I am a little suprised how many graduate candidates can not even spell or formulate a complete sentance with out text speak. Is is the quality of our undergraduates of today? Top of Form Submit a Comment 3609741
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