While preparing for MBA exams aspirants tend to think about the different specializations of MBA and are confused which MBA stream should they opt for.
This is one of the most critical decisions for all MBA aspirants. Opting for a specialization depends mostly on your interests, personality and also somewhat on your profile. Below are some of the key point which could help you in choosing the right MBA stream and making the right decision .
1. Marketing/Sales MBA stream is good for people who are outgoing in nature, are good at convincing others and posses excellent negotiation skills
2. Finance MBA stream is good for those who are good in interpretation, have good mathematical aptitude and are excellent at analysis
3. IT MBA stream is for those who want to go ahead in their IT career at much higher pace and want to manage IT related projects.
4. HR MBA stream is for those who are good at understanding people mindset & bonds easily with people, should be excellent in organizing events and also good at co-ordination.
You should also go through the below key attributes expected out of professionals in various specializations of MBA:
Key Qualities of Marketing and Sales Executives:
-A Marketing or Sales Manager must have very very good communication skills and must be persuasive
-Must be very adaptive and tech savvy to gauge the ever changing market
-Must be Customer focused and should have ability to quickly understand the customer needs
-Must have excellent analytical ability to understand the market and the competitors
-Must have very strong business fundamentals to drive revenue and customers needs
-Must have passion for the brand and the business
A good Sales manager needs to be like Chris Gardner's Character played by Will Smith in The Pursuit of Happyness
-Should be collaborative, visionary and a thoughtful leader. Must be good at building business relationships with customers as well as leaders in all levels with in the company
-Should have ability to plan and execute business strategy in the details and the big picture.
-Must be result oriented and must have excellent negotiation skills.
Key Qualities of Finance Executives:
-A finance manager must have an analytical and logical approach to problem solving
-Must have command of both technology and finance issues
-Must posses excellent communications skills, both verbally and orally
-Must develop the best strategy to efficiently fund the company goals and do strategic planning
-Must have ability to quickly adapt and understand business processes
-Must posses good all-round IT skills
-Must have ability to work on their own initiative
-Must be Motivated and ambitious
Key Qualities of HR Executives:
-An HR Manager should be approachable to employees and bond well with them.
-Should communicate effectively, both verbally and orally and should have good influencing & convincing skills
-Should be good in administering policies
-HR managers should support the company to ensure they are optimizing the cost of operation of the company by hiring right people with effective salary negotiation. They also need to support the employee by ensuring their career growth and job satisfaction.
-They should actively listen to the employees.
-Define vision and values of the company and percolate the same to employees
-They should have ability to to cope with change and operating difficulties
-Skilled at motivating and inspiring others.
-Should be good in Conflict Management, Problem Solving & Change Management
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