When I took my post graduate studies, because almost all my peers did, I had the MMM (Masters in Manufacturing Management), a close cousin of the MBA (Masters in Business Administration). Any of the two is good enough for a graduate to make it to an organization’s succession planning program
In our own little world, that is the beginning and end of an employee’s MBA aspirations. The diploma or certificate is cherished like a treasure that pays in the future, an investment.
Little did we knew, nor cared, that that investment could have been more of value to us and the organizations we worked with had we focused on one of the various courses or specializations an MBA program offers. We were such in a hurry to be done with it and get ahead with our careers.
You can fall for it, too, if you take your MBA like I did. A plain MBA is like a general physician in the field of Medicine. To earn big bucks, a physician must become, say, an internist, oncologist, surgeon or any of the various specializations available in the medical field.
To get the most out of your MBA aspirations, a specialization is definitely worth a penny’s attention.
Below are MBA courses or specialization common among the top 10 b schools in the U.S.(cn.com):
– Health Administration
– Human Resources
– Information Systems
– International Business
– Media/Entertainment Management
– Non-Profit Management/Public Administration
– Organizational Behavior
– Real Estate
– Supply Chain Management
Narrowing them down to the top five MBA courses most American students are inclined to take, gives the following (grad-schools.usnews.rankingsandreviews.com):
Entrepreneurship is the most sought after MBA course in the current business environment where leaders need to focus on innovative, value-based solutions, develop their creative problem-solving skills and to perceive “change” as an opportunity.
This program is designed for people interested in developing their entrepreneurial potential.
2. International Business:
International business is business not restricted by geography or political boundaries, good examples of which are, global commerce and the Internet.
International Business as an MBA course grooms students, working managers and executives for careers of increased responsibility with focus on diverse and multicultural concerns, international relations and business strategies sensitive to international issues.
An MBA course in International Business is a great way of moving your career into the exciting area of global business management and the perks that come along with it.
Leadership/Management MBA course aims to develop individuals to successfully and ethically lead and manage a broad range of organizations.
This course will enable mangers to develop leadership and analytical skills, support and influence the operational aspects of a business, formulate, implement and critically evaluate decisions. This course enables students to understand how the various management functions in a business integrate.
This MBA course is designed for practicing managers who want to gain a generalist perspective on management, and for those wanting to develop their entrepreneurial and consultancy skills.
This is recommended for those who are very serious in the practice of leadership and management.
Finance MBA course teaches students in the complexities of various financial investments and techniques.
This course is aimed at students with some experience in the business world with the end-result of preparing them for a number of finance careers like financial analysis, management, securities brokering, speculation in stocks, bonds, commodities and other financial instruments.
Despite the current economic collapse, MBA Finance is still an attractive course with graduates going to work in companies as financial managers or consultants in financial analysis, personal investment, and sales agents in the exchange of financial securities.
5. Non-profit Management/Public Administration:
This course prepares students for leadership roles within various non-profit organizations by teaching them budgeting, planning strategies, performance appraisal techniques and marketing practices. They are also given knowledge on strategic program planning and innovation concepts.
This course explores topics such as financial accounting, management economics, budget planning and human resource management. Graduates of this program are prepared for careers within grant-making and social advocacy organizations.
Applicants to this MBA course are typically required to have a bachelor’s degree from an accredited university and may be required to have prior work experience in the field.