HOW TO CHOOSE BEST MBA SPECIALIZATION?

Many top MBA colleges in cities like Delhi/Pune/Bangalore offers specialization in different management areas like sales, marketing, HR etc.
These specializations focus on a single field of management in a corporate structure. In the world of management education which is bugged with myriad choices, two important aspects make a huge difference in the end - the institution and the specialization. Choosing a specialization is the only question that keeps toiling around in the brains of MBA students during the first two semesters. This is particularly true in case of those ones who made up their minds even before opting for MBA programs. Many people find it difficult in choosing a specialization for their MBA, as they get confused in which one is best amongst the bunch, and the answer is all are best, you should ask yourself in what position you would be more comfortable. Also, not all colleges are best for every type of specializations, so this is also a important considerable factor in choosing a specializations in MBA.
Some points considerable in choosing a specialization are-
  • Interest and personality- Choose the one which interests you. The one which fascinates you. Because, if you ask which the best specialization in MBA is, it is the one you are passionate about. Don't follow the crowd. Just ask yourself what you want to pursue and what fits according to your personality. It also depends on your personality. If your communication skills are very good, if you have a pleasant personality and are a skilled orator, go for marketing. If you love numbers and maths go for finance. If you love technical studies, go for IT management. It depends on what you love and what you are good at.
  • Focus on Long Term Goals- Considering the span of an average individual’s careers; one can either opt for a 1 year PG program or a full time MBA program with focus on any of the core functions such as business leadership, marketing, finance or HR depending on your skills. Initially, you must focus on how the specialization will boost your career, and whether you can expect long term employability, rather than being carried away with here-today-gone-tomorrow specializations.
  • Placements and salary- It is also important to study the trends of placements for a particular specialization, Study about the salary figures of your business school for every specialization. But, do not let the salary structure be the only criteria if you’re really serious about your MBA. If salary figures are great for a specialization but you are too weak to grasp and perform in that vertical, do not choose it. Only if you get paid for what you enjoy doing, you can utilize your skills in the best possible manner. This way, you can benefit yourself as well as the organization you are associated with.
  • Target college- If you are going for some particular college, learn about the best specializations that they offer, you can judge these criteria on basis of their past records of average salaries offered in every specializations and also number of recruiters that took place in the placement round. Also, not all specializations are conducted in every college so consider this factor too in the process.
  • Profile of Alumni-  When you just to choose specialization, learn more about the teachers who will be teaching you those specializations, study about the profiles and their past records of performance in those particular areas, some teachers are always better than others so you can always choose some over the other on basis of these factors.

For such useful informative details and getting help regarding any B-School related query or searching best MBA colleges in cities like Delhi/Mumbai/Bangalore/Pune please must check Edumyra. And also we are here to give all the info on exams like CAT/XAT/SNAP etc
Source - Edumyra

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