MBA or Masters of Business Administration is one of the most sought-after PG or postgraduate courses in the country. The major reason behind the preference for MBA is the lucrative career opportunities. In addition to this, the diverse specializations offer in an MBA course allow candidates to build a career of their choice.
Usually, the MBA course is divided into two years. The first year involves the teaching of the basic concepts and gives the candidates an overall idea about business management. In the second year, the candidates are allowed to choose their preferred specializations and focus on that. In addition to this, the MBA course comes with a mandatory internship of eight to ten weeks to introduce students to the practical side of the course.
Types of Best MBA Specializations
The interested candidates should make sure to choose an institution or college that is recognized by UGC, such as Aravali College of Engineering and Management. Recognized and accredited colleges are permitted to offer MBA degrees or diplomas that are authentic that are accepted worldwide. Interested candidates need to appear in the MBA entrance examinations like CAT, XAT, MAT, or other entrance examinations that vary from one institution to another.
Now, let us dive deep into the five major types of MBA specializations that candidates can opt for.
Finance
MBA in finance is one of the most preferred specializations by candidates. Opting for this specialization allows candidates to explore numerous opportunities in investment banks, security firms, and other financial institutions. An MBA with a specialization in finance offers some of the most lucrative career opportunities, which excites candidates a lot.
Marketing
MBA in marketing is another popular specialization opted for by candidates who are interested in exploring opportunities in the field of marketing. An MBA in marketing can offer fat pay packages to candidates such as chief marketing officers, marketing managers, sales managers, brand managers, and a number of others.
Human Resources or HR
MBA in human resources or HR is another preferred specialization opted by the candidates. Managing the human resources of an organization is one of the trickiest jobs in the corporate world. However, an MBA with a specialization in the human resource can help candidates become efficient leaders in the HR department.
Operations
An MBA with a specialization in operations equips candidates to appropriately deal with product management, shop floor management, technical supervisor, or the management of the entire operations. With experience, the candidates can reach the position of general manager or chief technical officer of an organization, especially in the manufacturing, engineering, or IT industries.
Information Technology or IT
Another MBA specialization that has caught great pace over the past decade is information technology or IT. It has emerged as one of the most popular MBA specializations in recent times. To opt for this specialization, the candidates need to have an IT background. Opting for this specialization allows candidates to take up positions such as system analyst, technical consultant, and technical systems manager and move up to chief technology officer (CTO) or chief information officer (CIO).
Why Choose Aravali College of Engineering and Management?
Aravali College of Engineering and Management is one of the finest colleges in the country, offering engineering as well as management courses. The college boasts of having state-of-the-art infrastructure, well-equipped libraries, great lecture rooms, and, most importantly, superiorly qualified & experienced faculty members to groom the candidates. Moreover, the placement cell at the college takes pride in offering great placements to students so that they have a bright careers. Get in touch with the admin team to know more!