Tuesday, September 17, 2019

Specializations Available for MBA Students



If you plan to do MBA or currently pursuing MBA, no. of specializations in areas like Marketing, Human Resource, Finance, International Business, Information Technology , Operations etc. are available to opt for suiting your career requirements. Here is some useful information which can act as a guiding source while opting for the specialization during an MBA course.

MARKETING

If you are inspiringly resourceful and have interest in the dynamism prevailing in the trends of this world, you are appropriate for marketing.
Marketing specialization educates the future managers by emphasizing on areas like Advertising, Consumer behavior, Promotion and sales of goods and services as well as management consulting.MBA in marketing helps you to provide you insight about how to set apart market audience and devise marketing strategy according to their preferences. It also guides you in management of an organization with solutions related to budgeting, researching and dealing with public relations.
Marketing is the specialization which can’t be neglected at any point of time as this is one specialization which brings business, revenue to the organisation and creates the competitive edge of the product and creates brand equity.

SCOPE OF MARKETING PROFESSIONALS: 
MBA marketing professionals are always in great demand. They are sure to enjoy outstanding career growth in this highly competitive world. Marketing manager, brand manager, market research analyst and product manager are some of the job profiles available for MBA marketing professionals. 

FINANCE

Graduates, especially the Commerce graduates or those who are fond of joining financial sector opt for MBA Finance.  Finance department is the nucleus of any organization and there is always a demand of finance professionals who possess sound knowledge of the markets and its financial trends, and is able to take decisions quickly.
Finance specialization provides MBA graduates with great career opportunities. The degree of MBA finance provides you with Focus towards the financial sector and provides extensive learning of subjects like Costing, Budgeting, International Finance, Corporate Finance, working Capital management, securities and investments etc.

SCOPE FOR FINANCE PROFESSIONALS: 
As an MBA Finance graduate you may join companies as Financial Analyst, Corporate controller, Chief financial officer, Company treasurer, Risk and insurance manager, Investment banker, Management consultant etc.

HUMAN RESOURCE

MBA in Human Resources unites the essentials of general MBA programs with focused training in different areas of HR like planning, recruitment, talent management, industrial relations, negotiation skills etc. The programme prepares the graduates about how to plan various strategies in HR and implementation practices by way of role plays, case studies, expert sessions etc.The specialization distinctively focuses on the skills that are required to be effective organisational managers. Students are taught the legal aspects of HR management, employee management and strategic human resource management. It also teaches the students about essential components of company operations, including compensation, benefits, salary negotiations and safety standards.

SCOPE OF MBA HR 
The candidates can start the career as HR executives, trainees in HR deptt of various companies and even consultancies. They themselves can also work as consultants to advise corporations on anticipated organisational change.


INTERNATIONAL BUSINESS

An MBA in International Business grooms budding managers for careers of increased responsibility with Focus on diversity and multicultural concerns.International relations and business strategies sensitive to international issues.  
In today’s world of inclusive economy, many businesses are looking to expand into an international market; therefore, careers in international business are offering great opportunities to MBA graduates. From banks to manufacturing firms to export houses, almost all industries have a need for people with a background in international business.

SCOPE OF MBA IB
fresh postgraduate in International Business Management is usually recruited as a management trainee. One can also opt for MNC jobs. Market research firms or consulting organizations involved in international research can also be a good option. 

INFORMATION TECHNOLOGY

The basic nature of the course is to integrate the growing demand of information technology with business management.
MBA IT degree educates the future managers regarding the application and implementation of information technology in the businesses and keeps them abridged of the emerging IT trends. It also facilitates you to conceptualize and help in planning out the organizational IT infrastructure. The course also helps students understand the maintenance of network, system, along with the business knowledge.
If you are skilled with computers and want to turn this into a career in the business field, then consider an MBA in IT.

OPERATIONS MANAGEMENT

An MBA in operations describes how to tackle the challenges in logistics, supply chain design and supply chain management. As the nature of work of an MBA in Operations graduate is highly technical and technological, the student is trained in the background courses required for Operations papers.
The specialization in Operations Management offers a global perspective on industry trends and an awareness of any financial regulations or political uncertainties that could impact an organization. Indeed, risk management, understanding the industry’s inherent complexities and react effectively to change will be a strong consideration for students during their course. It also accentuates upon the importance of strategic thinking that enables the graduates to ensure their organization stays ahead of its competition. Ability to analyse and understand business process, system process and technicalities behind working of machines and equipment is also developed.

SCOPE OF MBA OPERATIONS
MBA in OperationsManagement have option to pursue career in different sub fields within operations like supply chain, consultancy, operations strategy, inventory control, manufacturing strategy, strategic planning, logistics planning, and many others. They can get roles like Supply Chain Manager, Logistics Manager, Operations Consultant, and Inventory Control Manager.

6 comments:

Anonymous said...

Nice and informative blog for the people who want to move forward for MBA, The blog covered the each specialization and their future scope.

Unknown said...

Very useful information and explanation about the course.👍👍

Unknown said...

Good scope for graduate students

Megha said...

A very informative piece of work. This blog is very useful for students who want to know difference and scope of various specialisation in MBA.

Megha said...

Very useful piece of information for students who want to pursue MBA but don't have clarification of different specialisations and their scope

Anonymous said...

Good piece of information for MBA students especially.

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