Nowadays, an MBA degree is proudly flaunted around and holds a massive amount of value when it comes to companies hiring recruits. It is an added advantage and a very preferred asset. But when it comes to specializations in MBA, the task of choosing one is equally daunting and confusing, to say the least. With various options and each with their own merits and demerits, it might get tough to choose one of the many specializations. To make the right decision, one must have proper knowledge of each and every department along with a well suited knowledge of his/her own skill sets and area of expertise
There are various departments for specialization under the term MBA, but it all sums up to the following few:
If crunching numbers, book-keeping and statistics are not your forte and bore you, keep away from accounts. It pays well, but it takes patience and a good eye for numbers to succeed in this field. People with good analytical skills and a flair for Quant should apply for this section.
One of the most popular specialization areas, this field is apt for someone who is outgoing, resourceful, and has excellent communication skills. It is the heart of the organisation, and deals with a multitude of company aspects like brand management, B2C, B2B, and market research.
It has been stereotyped as boring, but is one of the most important aspects of a smooth functioning company. Recruiting people, managing them, team building, performance evaluation; the HR guy is the most sought after person in a company as he deals with people. Having people skills is of utmost importance. It may pay less than the other specializations, but that route is gradually changing its course.
Gradually emerging as one of the most important specializations, Systems is for the IT professionals who have dealt with business analysis, assessment and monitoring software modules, and configuring IT processes for maximum efficiency in the company.