How to choose an MBA specialisation?
- June 29, 2018
- Posted by: Rayat Bahra
- Category: MBA Specialisation
MBA is one of the most famous graduate degree options for business professionals. This degree has always served as a vehicle for professionals who wish to improve their job skills and employment opportunities. However, it does create an important question that keeps toiling around in the brains of students. The question is choosing the MBA specialisation and the institution, which entails top MBA courses in Chandigarh. Here are some tips to help students overcome this overwhelming process:
Check the Educational Background before choosing an MBA Specialisation
Although, educational background is a key determinant, but is usually not a limiting factor. For instance, students with commerce and accounts background can opt for a finance specialisation. While students with a background in engineering can go for different areas such as operations (products, services) and marketing. Human resources and even finance can be other suitable options as well. Apart from that, try to stay in touch with the people you may know in the desired fields at any top MBA college in Chandigarh. Also, take advantage of guest speakers and industry seminars to arrive at the right decision.
Look for Return on Investment
As pursuing an MBA is a big investment in terms of time and money, it is important to see if the investment is going to pay off in the long run or it has the improved salary potential. Doing MBA just for the sake of having a degree will not help you reach that six-figure salary. So, before choosing any MBA specialisation, you should first determine the programs that offer high salaried jobs later in their career. MBA Dual specialisation in Finance, HR, Marketing, IT, Operations & SCM, Entrepreneurship & Family Business are the most likely specialisations to help graduates pursue higher paying careers in the future. This dual specialisation in MBA from Rayat Bahra University is of 2 years duration consisting of 120 seats and is approved by UGC & Govt. of Punjab.
Know your Passion
Always let your natural interests guide you and your desired specialization will fall into the place. If the available focus areas don’t suit your passion, choose your own path. It is important to have a passion and excitement for a field or industry rather than taking any other factor into consideration. You should also concentrate on how you can expect long-term employability, rather than investing in any short-term job.
Internships help you test the waters in a new role. Thus, it becomes easy to change the course. It’s even not a big deal to redirect after graduation. Concentrating on on one thing doesn’t just mean you’ve to drag that for the rest of your life. As your knowledge, interests and experience grow, there is a scope to grow within a concentration. Do not lay low and gain the much-needed insights into the specialization. During your first year, you must proactively seek out university resources, recruiters and faculty members to help you make a right decision.
Though, MBA is an effective program in today’s fast-paced world, not all the MBA programs out there are created equal. So, before you choose any MBA program, ensure that it is approved by a statutory body like UGC (University Grants Commission). UGC is set up by the Government of India by an act of parliament in 1956 to properly coordinate, determine and maintain the standards of teaching, examination and research in University education. A degree in an approved program can serve as a differentiator in today’s competitive environment. Make to ask questions about the approved university when looking to enrol in any MBA program.
In short, the conjugation of the MBA specialisation and the association of specific industry makes a lot of difference. However, whatever specialisation you choose, a considerable amount of hard work is always necessary. This will certainly help you build up a solid understanding of the dynamic business scenario. `