It is important to understand different MBA branches before making a decision of getting an MBA degree. Interest, qualification and future career objectives are few major factors that help a person in deciding the right MBA field.
One should have prior knowledge about all MBA fields in order to take an informed decision. Here is a list of some MBA courses that would allow you to get better insights into the particular field and hence allow you to make a better choice.
- MBA in Finance:
- MBA in Human Resources:
- MBA in Accounting:
- MBA in Marketing:
- MBA in Entrepreneurship:
- Other Programs:
Financial management in a very tricky task. Financial strategies differ from time to time, place to place and even from business to business. MBA in finance gives a person a chance to develop sound financial management skills with the help of an effective core curriculum that generally includes case studies and knowledge of various mathematical tools. This is one of the most sought after MBA degrees because of their demand in the market which always remains high because of the rapidly developing economies and the uncertainty that today’s economies carry.
As a human resources person in the company, you would be responsible for selecting the workforce of the company, developing internal programs for the development of the workforce and even downsize the workforce when required. An MBA in human resources helps a person develop better judging skills and improve his thinking capacity.
Closely linked to a financial MBA, this MBA course focuses more on the mathematical side and is a little more complex. In this MBA you would learn theory of accounting, techniques of costing, budgeting, strategy planning, taxation issues and conflict management.
Everything business today has become more customer-centric. Almost every business today experiences cut throat competition. To move ahead of the competitors, companies need good marketing strategies which can help them reach their customers at a much better scale. This course generally employs a case study based methodology. Every product or service requires a different marketing strategy and companies require good marketing professionals to make those strategies. With the competition in any field bound to increase, the scope of this field would keep on increasing.
Even Facebook was just an idea in the beginning which was later carved out into a multibillion dollar venture with the help of perfectly planned expansion strategies, effective marketing methods, good financial management and the right human resources. An MBA program in entrepreneurship teaches you how to deal with the dynamics of a new company and propel its growth by innovative thinking and taking well calculated risks.
Apart from these there are various MB\A programs which are very specific. These courses include MBA in consulting, criminal justice, general management, industrial management, health care, Information technology, hospitality and tourism, organizational, media, real estate and many others. These options are generally suitable only for students of a particular field.
I write on education/career building, avenues in education. Have been part of advisory committees across schools in South East Asia, India & Europe. I like staying abreast with what all is developing globally in the field of learning and science. I am a net enthusiast and I enjoy travelling.
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