With the dawn of the new year upon us, new aspirations and ambitions have also taken the center stage. Many are determined to finally take the next step towards enrolling in an MBA course. Even after years of being a popular professional course, the appeal of an MBA hasn’t dipped.
However, a major challenge for today’s MBA aspirants is whether to go for a traditional or newer specialization. While the traditional specializations continue to be relevant even today, the new ones can open the doors to several professional opportunities in emerging domains.
Thus, what you should expect from an MBA course is a relevant question even today, and there aren’t any straightforward answers to it.
In this article, we will take up the new vs old debate in MBA courses head-on and try to answer the questions in your mind.
Read on to find out more!
The old vs new debate
All about old specializations in MBA courses
What specialization you choose will depend on which area you would like to work in as a professional. The job market in the traditional domains like HR, Marketing, and Finance is quite vast. But to match it, there is high competition as well.
Due to an abundance of professionals, jobs can be moderately paid. It might be that you have to give up on a handsome CTC to gain some entry-level experience. However, if you can do it from a top MBA college in India, then the prospects will be very different.
The world of new specializations
The new specializations in MBA courses have been initiated keeping in mind the demand that is being felt very clearly in the emerging sectors. The sectors are mostly underfed, and to make up for it, they usually train freshers from other specializations to cope with the demands.
In this situation, when you have a domain-specific specialization, you are already ahead in the competition. With a bit of industry experience and good soft skills, your profile will catch the eye of recruiters easily and a good job is almost guaranteed.
Qualities of Top MBA courses
- Hands-on learning – A good MBA course will recognize that the ultimate aim of the course is to secure a job for the students. Hands-on learning focuses on investigating and brain-storming real-life business situations. It makes you familiar with the challenges of working in a business – an experience that helps a lot.
- Industry-exposure – Industry exposure gives you a first-hand experience of working in an organization. It comes in the form of internships and part-time jobs during the course. Many top MBA courses guarantee 9 -10 months of internships. Moreover, industry-exposure opportunities are often paid and let you earn some money while studying.
- Global understanding – An understanding of the global business contexts would be critical to professional success after graduation. Top colleges either facilitate two semesters of studying abroad or a short-term business exposure program. This kind of experience is extremely useful for securing a job at a top MNC and climbing up the corporate hierarchy from there.
- Industry-exposure – Industry exposure gives you a first-hand experience of working in an organization. It comes in the form of internships and flexible part-time jobs for students during the course. Many top MBA courses guarantee 9 -10 months of internships. Moreover, industry-exposure opportunities are often paid and let you earn some money while studying.
Top 3 new and dynamic MBA courses for 2022
MBA in Business Analytics
Business Analytics is an emerging field where big data is used to take the most accurate business decisions. MBA in Business Analytics leverages your computer skills and puts them within a managerial framework. It is easily one of the best new and emerging courses with numerous possibilities for fresh graduates.
MBA in Digital Marketing
An off-shoot of the larger domain of Marketing, an MBA in Digital Marketing allows you to work in the digital landscape of products and customers. The roles in digital marketing are very well-paid at the moment and employment opportunities are increasing day by day. The roles will taste your creativity and will require you to be highly dynamic all the time.
MBA in Forest Management
This course is taught in the Indian Institute of Forest Management in Bhopal and not many people are aware of its existence. Yet, if you’re fascinated by a niche industry and love being close to nature, this course will be perfect for you. Unlike MBA in Business Analytics where you have to be glued to the computer screens, you get the chance to work among the greeneries.