6 Factors To Look For While Selecting A Business School – #5 Specializations
Whip out your B-school checklist and take another look!
Your profile fits seamlessly with others in your targeted B-school
The location is exactly what you always wished for
A crisp 1 year program suiting your needs
And amazingly your B-school also ranks high
But wait a minute… what is your post-MBA goal? Do you want to get into Marketing? Or Consulting? Or Supply Chain Management? Whatever your area of interest is, does the B-school you have shortlisted cater to this? Does it have specific electives, industry immersion programs or active clubs dedicated to your area of specialization? What about career options in this area?
It is very important that you are clear about your post-MBA career goals and make sure that the MBA program you have selected is the best-suited for this.
These are some of the common specializations you could opt for:
Supply Chain/Operations Management
A typical B-school curriculum consists of core courses which are compulsory for you to understand the fundamentals of business and management. It is usually in the last terms or the second year (depending on the duration of your program) that you have the option to select electives such as E-commerce, Entrepreneurship, Financial Analysis, Behavioral Economics and Decision Making, Brand Management, Global Strategy and Management, International Finance etc., which finally decide the exact terrain you wish to build your career in. So, you need to take a careful look into the electives offered by different B-schools before you make your final decision.
If you are asked to name a talented Indian cricketer, Sachin Tendulkar will probably be the first name on your lips. Similarly, for almost any specialization, Harvard, Stanford, Booth and Wharton are going to be on top.
Let’s look at some schools beyond the Big 4!
Corporate Social Responsibility (CSR)
Tuck School of Business, Michael G. Foster School of Business, Stephen M. Ross School of Business, George Washington School of Business
Said Oxford, MIT Sloan, Babson College, IE business school, Haas School of Business, London Business School
NYU Stern School of Business, Columbia Business School, INSEAD, IE Business School, Tepper
MIT Sloan, London Business School, Haas School of Business, Kellogg School of Management, IE Business School
MIT Sloan, Stanford Business School, Kellogg School of Management, NYU Stern School of Business, INSEAD, Judge School of Business
INSEAD, Thunderbird School of Global Management, Marshall School of Business, SDA Bocconi School of Management, Fox School of Business
IMD, Chicago Booth, Kellogg School of Management, IE Business, INSEAD
Tepper School of Business, MIT Sloan, Krannert School of Management Cranfield School of Management
Tuck School of Business, MIT Sloan, IE business Marketing
Kellogg School of Management, Judge Business School, Fuqua School of Business, SDA Bocconi School of Management, UCLA Anderson School of Management, Emory
The exciting Dual programs!!!
Ever heard of McCombs’s MBA/Master of Arts in Asian Studies or Stanford’s MS Environment & Resources/MBA or Fuqua’s JD/MBA program?
We are actually referring to the Dual programs offered by some of the top B-schools. What are dual programs all about? Are they worth undertaking? What are their pros and cons?
Dual programs involve the study of two different university degrees simultaneously. The two degrees could be in the same or in two different subjects. Some of the fields in which students can opt for dual programs are Public Health, Architecture, Bio Sciences, Journalism, Law, Architecture, etc.
1. Offer lucrative career opportunities
2. Specialization in two fields, so greater scope
3. Greater leadership opportunities
4. A rewarding pay scale
1. Not as popular as MBA programs
2. A huge investment of time, effort and money
3. Return On Investment is still uncertain
4. Fewer students, so fewer opportunities for networking
How important are the Rankings while selecting a B-school?
Is there something else that you need to know before you finalize your target B-schools?
Check out the next blog in the series…
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