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
A 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:
Nice and informative blog for the people who want to move forward for MBA, The blog covered the each specialization and their future scope.
Very useful information and explanation about the course.👍👍
Good scope for graduate students
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.
Very useful piece of information for students who want to pursue MBA but don't have clarification of different specialisations and their scope
Good piece of information for MBA students especially.
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