MBA is a degree program that is designed to train students to take up any management challenge in the corporate scenario. The initial phase of the program is designed to focus on core courses. This is done to focus on building a strong foundation about various subjects in management. The later parts of the course focus on a particular area which is called specialization that the students can choose from. There are a few factors that influence the choice of area of specialization.
List of courses The complete lists of all specializations are:- Marketing Human Resources Finance Information Systems Consulting Entrepreneurship Operations Management International Business Strategy management The students should find out their area of interests, the job prospects in each of them, the future growth and the compensation which will help them decide the best suited for them amongst the many. Know About Popular MBA Courses International business has gained importance over the already existing fields like marketing and finance. This is because the cross borders business and trade has boomed in the last few decades. The MBA in international business as specialization will cover the understanding of globalization and cross-culture similarities and differences, the different ways of doing business, possibilities of business in upcoming markets, managing an enterprise with footprints in different nations and many more related aspects. Marketing has kept its position high as a specialization. MBA in marketing prepares the students to face the challenges of promoting the product or service right. There is a thorough understanding of the tools, practices, and concepts which are associated with modern marketing. There is no limit for these graduates as all industries require marketing executives for different positions. The main focus areas of a marketing personnel in any organization revolves around- understanding the value, creating the value and then delivering the value. Strategy MBA holds an important position as it allows the business to make right decisions and diagnose the situation to the point. Strategic thinking involves knowing how to do things differently and how to create business models to survive critical business environmental changes. The decision making which was in the hands of the few top level has been decentralized by many organizations. The situation was changed as the top management realized that the middle management which was to execute the strategies designed by them failed to effectively do so as they were not part of the creation process. This brought about a huge change in the mindset and the middle management is now expected to be able to develop strategies for the business. The strategy management, however, cannot stand alone and require the knowledge of other business operations and aspects as they will have to strategies for them. Thus the general study during the first year of the MBA course plays an important role here. Human resource is another important field which manages the workforce in all departments. This course will involve laws which are associated with business and how to deal with people from various backgrounds. The major part of the role involves attracting and then retaining the workforce. This role also has requirements all over the marketplace and is highly paid.
