Why & how will one choose the MBA specific course of specialization or study? The sure shot answer is the prospect of a secured career & getting potential.
Career goals, with global exposure, play a vital role in the decision making procedure. Going further, the decision to go for a particular specialization will depend on the personality traits & specific concerns of a person. Among other necessary parameters, graduation background or skill set or prior work experience have a big impact on the decision.
The availability of the specific course, say for example if the candidate has to move to another city or country to pursue the course & the associated costs have a huge impact on the decision. The MBA college or University, which is offering the course & its ranking in dominant publications, ROI, alumni feedback are a few inherent parameters.
Also the intention matters…. If the individual seeks to handle the family business, then the finance will be a perfect choice. And, if one likes to travel, then marketing specialization will be ideal. Business school specialty also influences the choice of MBA specialization. For example, one institute is famous for marketing, and the other one is known for finance.
One should also consider the scope of networking as powerful networking helps in career growth and job search. Though one has to select the specification in the 1st year, some institutes give the facility to go for specialization in the 2nd year. In such cases, the candidate could make the decision based upon the subject introduction they have got in their MBA 1st year.
In some instances, candidates give in to family pressure or peer pressure in deciding on the specification, this is, however, not desirable. Seeking the opinion is good, but you should undertake a certain level of research & have clarity as to what he/she demands from the MBA specialization.
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