Top 5 MBA Specializations For Engineers :
After Engineering Lot of people are interested to do MBA or Post Graduation. MBA is the best option for Engineers to complete post graduation.
1.Operations :
MBA in Operations equips you to deal with Production Management or Shop Floor Management. You learn how to come up with and maintain process flows, develop vendor and inter-departmental relationships, do ancillary management etc. to ensure smooth and efficient business operations.
After Engineering Lot of people are interested to do MBA or Post Graduation. MBA is the best option for Engineers to complete post graduation.
1.Operations :
MBA in Operations equips you to deal with Production Management or Shop Floor Management. You learn how to come up with and maintain process flows, develop vendor and inter-departmental relationships, do ancillary management etc. to ensure smooth and efficient business operations.
With Business Operations as your MBA specialization, you may start off as Product Manager or Technical Supervisor and reach the position of Chief Technology Officer (CTO) or General Manager of a company, especially in manufacturing, engineering and IT sectors.
Business Operations offers a varied and fast-paced work environment. Operations Management specialization can be further sub-divided into:
MBA in Finance does not lead only to investment banks and securities firms. It offers numerous possibilities in the corporate world too. Finance Managers can become Accounting Managers who prepare finance reports for the company, or Financial Analysts who focus on developing financial strategies and go about money management for the company.
"Financial Analysis forms the basis of strategic planning, managing alliances, and making every-day decisions in a management. From mergers to expansion to global financing, MBA in Finance offers you a highly specialized knowledge which accelerates the success of an individual as well as success of the businesses where they work", says Suresh Agrawal who has been teaching Finance students for years.
Those who do MBA in Finance can go on to become:
5. International Management/Business
Business Operations offers a varied and fast-paced work environment. Operations Management specialization can be further sub-divided into:
- Production or Manufacturing Operations
- Service Operation
2.Information Technology (IT)
Information Technology (IT) or Management Information Systems (MIS) has recently emerged as one of the most important MBA specializations.
For those who have IT background (as a software engineer or IT graduate), MBA IT can open up positions like System Analyst, Technical Systems Manager, Technical Consultant, and Business Development Manager - all the way upto the position of the Chief Information Officer (CIO) or Chief Technology Officer (CTO). IT, ecommerce, and related industries often offer good placements to MBA IT graduates.
"If you are a good programmer, have technical skills, and have knowledge of their business domain, you can choose Information Technology or IT as your MBA specialization. You can then help develop Enterprise Resource Planning (ERP) solutions for business development, sales and marketing, accounts, project management, HR functions and all other business processes.
In the high-tech environment of today, MBA IT opens up several career opportunities for you as:
"If you are a good programmer, have technical skills, and have knowledge of their business domain, you can choose Information Technology or IT as your MBA specialization. You can then help develop Enterprise Resource Planning (ERP) solutions for business development, sales and marketing, accounts, project management, HR functions and all other business processes.
In the high-tech environment of today, MBA IT opens up several career opportunities for you as:
- Business Analyst: where you can interact between customer requirements and document them properly for developers.
- Pre-Sales or Business Development Manager: where you prepare presentations for clients and basically, translate technical innovations of your company in terms understandable by laymen.
- Sales or ERP Consultant: where you deal with customizing ERP solutions (like SAP) to suit client requirements.
- Project Manager: where you are directly involved with implementing a project - right from planning and estimation to managing resources to time management.
- QA Manager: where you are responsible for assessing and controlling the quality of the software solutions being provided to clients.
- Functional or Process Consultant: where you configure and re-configure processes and chalk out verticals to complete efficient operations within an IT company.
General Management MBA programs are considered the standard and traditional MBA programs, and are usually the most popular.
General Management MBA programs concentrate on providing individuals with general business administration knowledge and comprehensive insight into the core elements of business, preparing the student for a managerial position in many fields and industries.
Such programs are designed for individuals wanting a broad, yet in-depth overview of business topics, enabling them to enter into any number of management roles.
4.Finance :
Unlike a specialized MBA program, traditional MBA programs include courses the focus on both the internal functional operations of an organization and on the external relationships affecting business operations.
MBA in Finance does not lead only to investment banks and securities firms. It offers numerous possibilities in the corporate world too. Finance Managers can become Accounting Managers who prepare finance reports for the company, or Financial Analysts who focus on developing financial strategies and go about money management for the company.
"Financial Analysis forms the basis of strategic planning, managing alliances, and making every-day decisions in a management. From mergers to expansion to global financing, MBA in Finance offers you a highly specialized knowledge which accelerates the success of an individual as well as success of the businesses where they work", says Suresh Agrawal who has been teaching Finance students for years.
Those who do MBA in Finance can go on to become:
- Cash Managers
- Risk and Insurance Managers
- Credit Managers
- Management Consultants
- Investment Banking Associates and later Investment
- Bankers
- Treasurers and Finance Officers
- Controllers (who prepare budget reports for regulatory agencies and business management, do audits and prepare cash management strategies)
- The ‘C' Position: ‘CFO' or Chief Financial Officers supervise all financial and accounting operations, strategies, and policies of the company.
5. International Management/Business
With the relentless pace of globalization, organizations need professionals who know how to conduct business around the globe. That need has increased the demand – even at US-based companies – for graduates with degrees in international business.
This MBA specialization provides an in-depth understanding of the organizational capabilities required for international operations, including specialized functions such as international marketing, finance etc. The degree may be thought of as an MBA with a particular focus on multinational corporations.
Sometimes students at MBA programs specializing in international management or business will also have the option to specialize in a particular language or culture, such as Chinese, German, Japanese and so on. Many of these programs also require studies or visits abroad in order to expose the students to a multinational environment, but this is not always the case.
Sometimes students at MBA programs specializing in international management or business will also have the option to specialize in a particular language or culture, such as Chinese, German, Japanese and so on. Many of these programs also require studies or visits abroad in order to expose the students to a multinational environment, but this is not always the case.
However, many business schools offering MBAs with a international management or business specialization have international campuses and/or foreign school affiliations in order to make international exposure and experience for the students easier to achieve.
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