HOW TO CHOOSE RIGHT SPECIALISATION IN MBA!!

HOW TO CHOOSE RIGHT SPECIALISATION IN MBA!!

HOW TO CHOOSE RIGHT SPECIALISATION IN MBA!!

First step towards an MBA is to pick the right college. Having NAAC, A+ accreditation, recognition from WES (World Education Services), UGC (University Grant Commission) and DEB(Distance Education Bureau), NMIMS is definitely a virtuous choice. Subsequent step is to pick the right specialization that likewise implies picking a profession for yourself.

NMIMS provides the feasibility to change specialisation within two semesters into the course.  As the first and second semester are common for all specialisation, there is no academic loss.

This feature enables the student to explore various aspects of business and make the right choice/ switch to an area of interest.

For fresher: 

First thing a fresher should do is to get what each specialization has to bring to the table, check on the subjects, syllabus and curriculum and foresee what kind of job profile would you get upon completion of MBA.

One ought to ask these questions to settle on a superior choice:

1)What is my graduation in?
2)What is my area of interest?
3)Which profession do I see myself in the next 5 years?
4)Is the specialisation I am choosing relevant to the profession I want to be in?
5)What is my expectation in terms of salary, position, lifestyle post MBA? 
6)Do my expectations match the industry standards? 
7)Are my expectations realistic?

For Working executives:

In case you are a working executive and discovering trouble in picking the right specialization then I expect you are anticipating a career change, it could be from a specialized job to an administrative job or essentially into another space of interest.

You might want to ask:

What is my area of interest?
Which specialisation bridges my previous work experience with my future aspirations?
Am I looking for a higher position in my present organisation or am I prepared to start all new into this new subject?
Am I seeking an instant career change or would it take another few years to switch to my area of interest?
How would it affect my lifestyle

Vulnerability is certifiably not a terrible spot to be in, indeed it creates a chance to re-examine and settle on an insightful decision. NMIMS offers an immense scope of specialization for you to browse.

These are:

1)BUSINESS MANAGEMENT 
Job profiles:

·         Business Manager

·         Operations Manager

·         Sales and Marketing 

·         Business Analyst

·         Project Manager

2.            BANKING AND FINANCE MANAGEMENT

Job profiles:

·         Investment banking

·         Asset Management

·         Private Equity

·         Credit Risk Management

·         Portfolio Management

3.            FINANCIAL MANAGEMENT

Job profiles:

·         Investment banking

·         Asset Management

·         Private Equity

·         Credit Risk Management

·         Portfolio Management

4.            HUMAN RESOURCE MANAGEMENT

Job profiles:

·         Technical Recruiter

·         HR Generalist

·         Learning and Development trainer

·         Compensation Manager

·         Staffing Manager

5.            INTERNATIONAL TRADE MANAGEMENT

Job profiles:

·         Brand Manager

·         Import Export Manager

·         International Business consultant

·         International marketing Manager

·         International Finance Manager

6.            INFORMATION TECHNOLOGY AND SYSTEM MANAGEMENT

Job profiles:

·         System Analyst

·         Database Administrator

·         Data analyst

·         IT & system Manager

·         IT consultant

7.            MARKETING MANAGEMENT

Job profiles: 

·         Marketing Analyst

·         Social Media Manager

·         Sales Manager

·         Email marketing manager

·         Marketing executive

8.            OPERATIONS MANAGEMENT

Job profiles:

·         Project Manager

·         Sales operations

·         Procurement Manager

·         Business operations associate / manager

·         Production manager

9.            RETAIL MANAGEMENT

Job profiles:

·         Retail Manager

·         Store Manager

·         Retail operations

·         Retail Sales and marketing

·         Global Retail Manager

   10. SUPPLY CHAIN MANAGEMENT

Job profiles:

·         Logistics and supply chain manager

·         Warehouse Manager

·         Operations and Supply chain manager

·         Procurement Manager

·         E commerce Manager

For working executives with 3+ years experience NMIMS offers executive MBA with dual specialisation in  :

1)Leadership and strategy
2)Marketing
3)Operations & Supply chain
4)Applied Finance
5)Digital marketing
 

TAKEAWAY

1)Explore various specialisations, shortlist the one you find most suitable.
2)Check if it aligns with your short term and long term goals.
3)Check the kind of career opportunities it has to offer.
4)Make sure you have a realistic expectation with respect to the program.
5)Finalise if it matches your expectations.
 

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