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MBA:Specialist MBA vs General MBA: Making the smarter choice
MBA:Specialist MBA vs General MBA: Making the smarter choice
Specialized MBA programs are meant to give you a proper direction to your higher education and provide the right launch pad for a focused career.
Noida,
UP,
India
(pr4links.com)
16/06/2011
The students who are planning to do MBA this year have two options. The majority of B-schools in India offer general MBA programs, which is a holistic management science. Another option you have is that of specialized MBAs.
Now that the top B-schools have completed the process of the MBA Admissions 2011, and if you could not have made it, then opting for a specialized MBA program will be the most viable option.
Specialized MBA programs are meant to give you a proper direction to your higher education and provide the right launch pad for a focused career. The sectors in which there is high demand for specialist MBAs are: Retail, Infrastructure, Agriculture, Banking Finance Insurance (BFSI), Healthcare and Media to name a few. You can opt for specialized MBA courses that cater to the manpower needs of the aforementioned sectors.
The specialized MBA programs will give you a boost in your career if you choose the right specialization for you.
General MBA and specialized MBA have their own strengths and weaknesses. Hence, before taking any final decision, you should take into consideration all the aspects. Let us analyze the strengths and weaknesses of both these types of MBA.
General MBA
Strengths
• The general MBA courses give you a holistic learning on all aspects of management.
• After learning all the nitty gritties of management in the first year, you can take up a specialization of your choice and understanding in the second year.
• Your knowledge base will be much wider and you can shift to other sectors as well, as you have the requisite knowledge of all the sectors.
Weaknesses
• You do not get the in-depth knowledge of a particular sector but information about all the sectors.
• While starting your career, you do not have a particular sector or specialized area to join
Specialized MBA
Strengths
• Studying about a particular sector of your choice provides you the expertise on the subject
• You are ready to face and meet the demands of the market after the completion of your course
• You get to study the specific domain of your choice rather than taking a holistic lesson and worry about your career path after the completion of the course.
Weaknesses
• Your knowledge base gets narrow owing to learning about a particular sector
• You do not have much options in terms of pursuing career
• If you are not sure about your choice of specialization and opt for a particular sector specific MBA, it will hamper your entire career unlike general MBA where you can choose specialization in second year and its easier to switch the specialization in your career as well.
Let us have a look at the prominent sectors and the B-schools offering specialist MBA in specific sectors.
BFSI: The Banking Finance Service and Insurance sector is coined together as the BFSI sector. These are other booming areas along with the economy of India. Hence doing MBA in these sectors can prove to be beneficial for your personal career growth as well. The B-schools offering the specialized MBA programs in BFSI sector are NMIMS Mumbai, Symbiosis School of Banking Management Pune, National Institute of Bank Management Pune, National Insurance Academy Pune.
To know more on the BFSI Sector MBA, click on the following link:
http://www.mbauniverse.com/article.php?id=4633
Retail: The B-schools which are still offering admissions in the Retail MBA are Future Innoversity, Prin. L N Welingkar Institute of Management Development & Research, Mumbai; Indian Retail School, Delhi.
To know more on the Retail Sector MBA, click on the following link:
http://www.mbauniverse.com/article.php?id=4623
Infrastructure: The B-schools which can offer you MBA in Infrastructure are TERI University, Adani Institute of Infrastructure Management (AIIM), University of Petroleum & Energy Studies, Symbiosis Center for Management and HRD (SCMHRD) Pune.
To know more on the Infrastructure Sector MBA, click on the following link:
http://www.mbauniverse.com/article.php?id=4642
Before you select a particular sector for your specialist MBA, make sure that you are taking the right decision. Many a times, aspirants who decide to do specialized MBA with the thought of an assured job in the particular field, opt for a specialization randomly without much introspection. This can be dangerous.
About
MBAUniverse.com is one of India's most comprehensive MBA portals. It was set up in 2006 to address the information asymmetry in the management education and practice domain.
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