• MBA In Entrepreneurship: If they’re interested in starting a new business, an entrepreneurship specialization can teach you to develop a new start-up from scratch or introduce new products and initiatives at an existing company. It can also help if one is looking into fields like venture capital because it focuses on areas like franchising, small-business management and consulting.
• MBA In Finance: A concentration in finance can help prepare one for careers in risk management, corporate finance, financial services and banking. It’s also one of the top paying concentrations and focuses on portfolio management, forecasting, core cash management and investments.
• MBA In International Management: Business, especially now, is a global proposition. A concentration in international management helps students learn to think globally, and focuses on business through unique lenses like culture, social, economic and political contexts.
• MBA In General Management: One of the most traditional MBA specializations gives them an overview of business and emphasizes human resources, data analysis, finance, leadership and marketing.
• MBA In Corporate Strategy: A corporate strategy focus can help them learn more about how companies create value, work with other organizations to achieve common goals and develop a business portfolio. It is a good concentration if one is interested in becoming a consultant.
More Popular MBA Specializations
• MBA In Operation and Supply Chain Management: The best operations and supply chain management leaders use strong skills in budgeting, problem solving, leadership, communication and planning. This specialization helps prepare one for leadership roles in production planning, logistics and quality assurance.
• MBA In Human Resources: If they’re looking for a human resources leadership role, this specialization can help them learn more about hiring, training, compensation, recruitment and career development.
• MBA In Health-care Management: A concentration in health-care management can help one develop into a leader prepared to expand and improve health-care quality and reduce costs. Courses focus on the business of the health-care system with an emphasis on both a real-world foundation and academic foundation in health practices. BLS estimates the medical and health services manager industry will grow by 32% through 2029.
• MBA In Business Intelligence: As big data continues to expand, more leaders are needed who can analyze that data, contextualize it and connect it to real-world outcomes. The job market for business intelligence leaders is expected to grow by 25% through 2029, according to BLS.
• MBA In Project Management: A concentration in project management emphasizes planning, management and budgeting to improve efficiency. Some MBA project management concentrations include preparation for a PMP certification from the Project Management Institute (PMI).