Top Ranked MBA Specializations Direct Admission
Top Ranked MBA Specializations Direct Admission. Master of Business Management (MBA) is typically a two-year programmed which aims at making a candidate possess expertise in various aspects of a business. Check the list of Top Ranked MBA Specializations Direct Admission that you can opt for the academic session 2020-22. Contact Ace1GuruVisit website www.direct-mba.com Call @ 9742479101 (Ankit Mishra) || 9742886036 (Anis) || 9035556036 (Mayur Gautam)
Master of Business Management
(Top Ranked MBA Specializations Direct Admission)
Master of Business Management (MBA) is typically a two-year programmed which aims at making a candidate possess expertise in various aspects of a business. Check the list of popular MBA course in India that you can opt for the academic session 2020-22. Master of Business Management (MBA) is typically a two-year programmed which aims at making a candidate possess expertise in various aspects of business administration and an expert for one. In the first year of M.B.A, the main focus is o n giving students a brief idea about various subjects of management. In the latter part of the first year, they are also introduced to the specialized areas from which they shall choose the area they want to specialize in. Being a student of M.B.A, you will have numerous options to choose from as your subject of course that you can study at the top M.BA. colleges in India. With CAT exam kicking off the major management entrance exam season, you can read the detailed CAT 2019 paper analysis here and estimate your score in the exam using the CAT 2019 percentile predictor as well. There are a variety of M.B.A course in India. Here is a brief account of a list of M.B.A streams in India:
The Need for Specializing in MBA- (Top Ranked MBA Specializations Direct Admission)
On a lighter vein, it can be said that the need to subject specialize in M.B.A is of paramount importance because there is simply no other option and the curriculum is created so!!! But the lighter side apart, the course is to make students decide what their key skill sets are and how they will make the best out of a career through course subjects. In the full time two year Post Graduate Diploma in Business Administration (PGDM) program, the course starts after the first year of general subject coverage and the entire second year is dedicated to course. The student eventually starts his or her career in specialized areas.
The reasons for having a specialization curriculum in MBA includes –
(Top Ranked MBA Specializations Direct Admission)
- Every industry demands knowledge of that particular domain and a good theoretical understanding of the industry dynamics.
- While M.B.A overall is the development of soft skills, having the necessary knowledge base of the domain in which the students want to prepare their career is mandatory.
- A common adage attached to M.B.A is that they are, “Jack of all trades and master of none “. This is to a very great extent incorrect. The course aspect in the latter half of the curriculum is to make them familiar with hard practical
- Every M.B.A student has their aspirations, and this defines their choice in selecting the course subjects. (Top Ranked MBA Specializations Direct Admission)
- This is to a great extent defined by their personal attributes also. For example, an introvert person will not do justice to themselves if they select marketing as a specialization but it its Materials Management then certainly yes.
- Over the years, there are a lot of new segments and domains that have sprung up. This has decidedly expanded the subject base of M.B.A specializations.
- Most of the M.B.A schools and colleges have added new specialization subjects keeping in view corporate talent demand. This has led to immense benefit.
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Types of Specialization- (Top Ranked MBA Specializations Direct Admission)
Finance –(Top Ranked MBA Specializations Direct Admission)
The ever-growing sector which is the backbone of every economy has set the requirement of an ever-growing pool of financial professionals for this sector. This also includes the insurance domain. The subject matter goes into topics like capital and budget control, financial working capital management, loan issue and restructuring, treasury and forex management, capital and insurance product management, etc.
Human resources Management –(Top Ranked MBA Specializations Direct Admission)
Earlier this went by the name of the personnel department. M.B.A Human Resource is the second most or perhaps the most important specialization on par with Finance. It deals with all aspects of managing the human resources of an organization which is the most valuable for its growth. These include recruitment, employee motivation, and training, ensuring growth according to contribution, pay role processing, welfare, and benefit measures, devising new ideas and strategies to overall make a better workplace, adhering to employee and labor regulation laws.
Marketing –(Top Ranked MBA Specializations Direct Admission)
Another core subject which has a primary demand in the current job scenario. Typically several organizations today have the sales or marketing head holding the highest position. This is because of their ability to expand sales and increase profitability. The topics covered under Marketing vary and changes as per Industry demand. These include – Brand Management, Advertising, product pricing and positioning, sales and account management, digital marketing. The marketing role always has a direct response to sales enhancement.
Information and Systems –(Top Ranked MBA Specializations Direct Admission)
The Information Technology (IT) boom of the late 1990s and the resultant huge pool of software engineers that it created has made information systems as an important part of several M.B.A specialization programs. This teaches the latest concepts in IT and core aspects of software and hardware. The students who take up these subjects ideally go into a profile of software development or development with customer technical solution handling.
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International Business –(Top Ranked MBA Specializations Direct Admission)
This teaches all aspects of international trade and finance. It includes export and import management, cross-border trade, financial and marketing aspects of international trade both products and services. It also covers marketing techniques in overseas customer acquisition. With the coming of BPO’s and ITES sectors, there has been an added scope of this subject. Telecom management-The growth of the private mobile segment has given rise to massive creation of consumer market fuelled by affordable smartphones and low-cost internet.
Operations and materials management –(Top Ranked MBA Specializations Direct Admission)
It deals with all aspects of project implementation and project life cycle. These cut across all verticals and domains. Materials management plays a crucial role in manufacturing and production companies.
Supply chain management – (Top Ranked MBA Specializations Direct Admission)
This can be described as a newborn enhanced version of the previous specialization. The rapid expansion of the logistics and warehousing sector is the precursor to the same.
Retail management-(Top Ranked MBA Specializations Direct Admission)
The growth of the retail sectors, both offline and now the online e-commerce start-up explosion has made most of the MBA schools include retail management as a subject of specialization.
Rural Management –(Top Ranked MBA Specializations Direct Admission)
It has more to do with social work and servicing the unprivileged and struggling segment of society. Those inclining to social work take up this subject.
Factors to consider while choosing MBA specialization
(Top Ranked MBA Specializations Direct Admission)
- The MBA student should know where he or she wants to build up the career. This should make them take up the line of specialization.
- Aside to likes, the students should also look at what is the most promising career scope and which vertical has higher growth chances. However, if someone has no liking towards that line, then it is better to avoid it.
- The personal nature of the aspirant plays a very important role. Someone who is technically oriented will do well in operations and systems management but not necessarily in Marketing or finance.
- The academic background is another deciding factor. For example, are best suited for taking up finance specializations.
- All options need to be kept open. Someone may be good in marketing and has a commerce background. They would be best suited to market financial products. This is a combination of 2 specializations.
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MBA specializations: reflecting priorities of the corporate world
(Top Ranked MBA Specializations Direct Admission)
- Masini says there has been a strong appetite for more technical courses around digital innovation and its many ramifications. There’s also a clamour for courses on soft skills and the analysis of ethical and social issues.
- This reflects the priorities of the corporate world today — many companies are under pressure to transform with technology and consider their role in society or the environment, beyond maximizing shareholder value.
- Paula Steisel Goldfarb, NYU Stern’s associate dean for MBA admissions, financial aid and academic affairs, says that customized courses “prepare students for the specific business challenges and problems that they will be required to solve in their fields of choice”.
- Stern MBA students can select up to three specializations from a list of 25, such as fintech, luxury marketing, or entertainment, media and technology (or they can choose none).
- New courses for spring 2019 include commercialization of frontier technologies and financial statement analysis using Python, a programming language.
- Steisel Goldfarb says the courses “are often developed based on anticipated skills needed in the business world and student interest”. (Top Ranked MBA Specializations Direct Admission)
- For instance, Stern recently housed the Creative Destruction Lab, which supports the monetization of science and tech startups.
- An affiliated MBA course was introduced as a result, to provide students with direct access to the venture development process.
***Top Ranked MBA Specializations Direct Admission***
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