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How to choose an MBA specialization?

MBA specializations 1
The different specializations in MBA (in India); Image Courtesy: pentagoneducation.com

Master of Business Administration (MBA) is a typically two-year program with the aim of making students proficient in different areas of management. At the end of those two years, the student should be an expert in one area of management. In the first year of studies, there is a general overview and a brief introduction to all the areas of management. In the second year of graduation, the students are expected to sign up for a specialization in one of the various options available to them.

Choosing a specialization is not an easy task. A student needs to consider all the options available, the pros and cons they pose, future of that field, their own interests, etc. before selecting a specialization. Of course, there is an option to go for general management program or a specialization and that completely depends on the student.

Considering career goals and interests, the students should choose their MBA specialization accordingly. Specialization can be done in the following fields,
  • Finance
  • Marketing
  • Information Technology
  • Human Resources
  • Media & Communication
  • International Business & Management
  • Entrepreneurship
  • Accounting
  • Healthcare Management
  • Operations Management

There are a few factors that need to be considered before choosing a specialization in MBA and they are,

  1. MBA School Ranking – The student needs to identify the course they want to pursue and which school/university has the best ranking in that subject. After a complete and thorough research, the student can then choose the best school to pursue their course, which is as important as the course itself.

    Top B-Schools in India Ranking

  2. Program Length – MBA is usually of 2 years but there are a few programs that offer a one-year course hence choosing the right program is extremely necessary. Depending on the course/program you choose, the length of the program matters.

  3. Personal Strengths and Interests – The student should identify their personal strengths and interests and explore all the options available to them before pinning down one program/course.

  4. Career Goals – What is the future plan? The student needs to understand and reflect on which direction they want their career to head. It is important that the future potential and the experience achieved are on the same page and not a level up or down.

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