This is the era of niche, nano and super specializations. If that’s the case, why should MBAs be left out? India still hasn’t included out-of-the-box, non conventional MBA specializations in its curriculums. But if you’re planning to do your MBA abroad, you may as well arm yourself with some of these really good focus areas, according to your interest of course.
Health Care Management
Considering medical tourism in India has put our country on the global map, an MBA with a Health Care Management specialization should be a fruitful choice. Depending from one university to the other, a mandatory science background may be required.
Learning how to run hospitals, facilitate relationships with medical professionals, strategizing for medical supplies and marketing Medicare is a big deal these days. And with this specialization, you’ll surely have an edge over others.
We’ve met many people who have a flair for business as well as the creative. Or people who are fundamentally creative, but want to develop their business side. Any types of art schools are obviously not the right choice for them.
The MBA with Arts Management sounds like the right thing to do. From venue and facilities management to museum administration to art management theories to dealing with saleable art cross borders – this is one really exciting MBA specialization to have.
You would obviously need to have a natural interest in sports to pursue this specialization. You’ll get to know the structures and policies of the sports industry, its commercial and community related aspects. If you’re the type who would love to deal with problem areas like performance enabling sports drugs, sports person behavior, athlete injury services and sports marketing and sponsorships, by all means pick this MBA.
We think a combination of a business degree with a tourism speculation is a deadly combination. It would offer a scope much more than a plain IATA certificate, don’t you think?
The travel industry has always offered lucrative careers. And with the recent boom of the internet, it’s got a double boost. Imagine acquiring skills about niche travel, tourism operation and booking systems, sustainable tourism, eco-tourism, luxury travel and budget tourism. Wow, the possibilities are endless.
Supply Chain Management
This specialization is not really rare but still entered Indian MBA curriculums courses as much as we would like it to. Do you know this focus area can directly position you for a prosperous career with a giant FMCG company?
The catch though is that you need a mandatory science background for this one. If monitoring the entire process of sourcing raw materials, maintain inventory work-in-process inventory, dealing with tactical and logistical problems and ensuring the products are perfect until packaging excite you, pick this MBA specialization that will offer you tons of opportunities in India and abroad.
Marketing, Finance and HR sound boring against all these fancy sounding specializations, don’t they?
But jokes apart, make sure you have your career plan crystal clear in your head before you pursue any of these specializations. Even small things like where you plan to settle after your studies should make a play a huge role in determining your specialization beforehand.
Doing an MBA (Sports Management) from Australia may not be a bid deal for Indian employers (not yet at least). But it makes sense if you’re in Australia, since it is a sports loving country. Get the point?