Specializations in MBA
The main focus of an MBA that specializes in financial management will be on accounting and management control, privatization, banking, international finance and Indian money market. The emphasis of the course will be on several aspects such as identifying managerial practices, global practices and financial theories. MBA in finance has gained a lot of popularity among other specializations. There are immense growth prospects in the field of finance. One can find exciting careers in financial consultancies, financial institutions and banks. One can also get involved in institutional finance, investment banking, corporate finance, international finance and merchant banking.
The main focus of an MBA in Human resource management will be on team building, recruiting, performance updates, employee policy, training, salary, increments, benefits, safety and employee health. It focuses on staff amenities as well. if a person has the ability of handing tough situations, he can surely choose this field.
As this world is advancing technologically, a solid IT support is required for running a business. If the businesses are bigger, extensive IT support is required. Thus, it is good to have a Masters of Business Administration as well as Information Technology. This program is designed for educating and developing the mangers who manage the design, planning, implementation, selection as well as administration of converging and emerging communication and information technologies.
• Logistics and operations
A new kind of supply chain/operations and logistics manager is required by the companies. This leads to creation of an MBA in logistics and operations or in Supply Chain Management. Operations management involves the operation of the core activities in an organization. These activities are associated with the production, distribution and creation of the goods and services of an organization.
• Sales and marketing
Even though there is a great difference in sales and marketing, the goal is usually the same. Similar concepts and work will be handled together in order to achieve success. An MBA in marketing will help in the enhancement of knowledge and skills in the field of advertising, marketing and public relations.
The retail sector in India has been set for growth. An MBA in retail sector is a good choice. The involvement of a retail professional will usually be in selling the services and products to the consumers.
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