The major specializations in MBA course that anyone remembers immediately is finance, human resource management or marketing. But in the present corporate sector and changing needs in business and marketing scenario so many new specializations have been introduced in the MBA course. So the MBA graduates if choose the specializations based on their education, interests and opportunities it is a guarantee that they can have a much brighter career in their professional life. So six new and different specializations that that are being offered to the management aspirants are as follows:
Rising Specialization is the Retail Management
The latest specialization which is being sought by many and has plenty of career opportunities is the retail management. Previously it used to be as one subject in the marketing management course but has now changed into a special specialization course in the MBA course. The main reason for this is the approval of the government for foreign investments in the retail sector. Due to this reason it is estimated that by the year 2015 the retail sector is going to reach almost 600 billion dollars mark in the market. It means that many retail outlets are going to be opened in the country and to manage them efficiently there is lot of demand for aspirants who are trained in this sector. So according to the above statistics human resources in the retail sector are necessary right from packing to CEO level requiring lacks of candidates for the industry. So by keeping this demand forecast many institutes across the country are offering one and two year PG and PG diploma retail management courses to the aspirants.
Some other institutes and state level universities are offering retail management as a specialization in the MBA course. In this course different aspects like packaging, customer relationship, and strategic management of outlet, merchandising and other topics related to retail outlet are taught as part of the syllabus. By doing this course or specialization aspirants can earn a starting salary of around 25 thousand per month. Already reputed retail organizations like Bharati Wal-Mart and Metro have started their operations in our state and of late they are also going to extend their operations to the tire two towns in the state. So if we keep them in focus there is no doubt that retail management specialization career is on a raise according to the reputed management institute Narsee Monjee institute of management studies, Hyderabad campus marketing, skills management, corporate communications assistant professor Kavita Sasidharan Kulkarni.
Upcoming career….Health Care Management
As per a management career one more specialization that is attracting everyone’s attention as an upcoming career is the health care management course. As per the industry, health care is the third biggest sector in the market. According to experts in the field the industry is recording a constant growth of about 20% per year and is going to reach the 100 billion dollars mark by 2015. Both in the private and government undertake hospitals are expanding with international level standards and facilities every year. Moreover health tourism is also enhancing the expansion of this sector. In this scenario not only health care jobs but also demand for qualified professionals to manage the organizations efficiently is increasing day by day. In this backdrop many institutes are offering courses for healthcare and hospital management to meet the demand. You can know about health administration or health care administration in Wikipedia article. (http://en.wikipedia.org/wiki/Health_administration). In Andhra Pradesh state institute of public enterprise (Hyderabad) is offering PG diploma in health care and hospital management course. Similarly Apollo institute of hospital administration is also offering hospital management course (http://www.admissions-open.in/2014/04/apolloiha-mdhm.html). In the health care sector there are so many job opportunities in lakhs right from patient relationship executive to the director and CEO level. So those who do masters degree with these specializations can find jobs not only in the hospitals but also health insurance companies, nonprofit organizations, clinical product organizations and in many more companies related to the health care sector.
Due to the facilities available the hospitals of our country every year lakhs of people from countries like America to Africa and other remote countries are landing in our country for treatment. So in this process along with the clinical operations lot many hospital administrators are also required to run the hospitals smoothly. So students who focus on this sector can find a good career opportunity is the opinion of D. Obul reddy who is the administration principal of Apollo institute of hospitals.
Rising Specialization is the Retail Management
The latest specialization which is being sought by many and has plenty of career opportunities is the retail management. Previously it used to be as one subject in the marketing management course but has now changed into a special specialization course in the MBA course. The main reason for this is the approval of the government for foreign investments in the retail sector. Due to this reason it is estimated that by the year 2015 the retail sector is going to reach almost 600 billion dollars mark in the market. It means that many retail outlets are going to be opened in the country and to manage them efficiently there is lot of demand for aspirants who are trained in this sector. So according to the above statistics human resources in the retail sector are necessary right from packing to CEO level requiring lacks of candidates for the industry. So by keeping this demand forecast many institutes across the country are offering one and two year PG and PG diploma retail management courses to the aspirants.
Some other institutes and state level universities are offering retail management as a specialization in the MBA course. In this course different aspects like packaging, customer relationship, and strategic management of outlet, merchandising and other topics related to retail outlet are taught as part of the syllabus. By doing this course or specialization aspirants can earn a starting salary of around 25 thousand per month. Already reputed retail organizations like Bharati Wal-Mart and Metro have started their operations in our state and of late they are also going to extend their operations to the tire two towns in the state. So if we keep them in focus there is no doubt that retail management specialization career is on a raise according to the reputed management institute Narsee Monjee institute of management studies, Hyderabad campus marketing, skills management, corporate communications assistant professor Kavita Sasidharan Kulkarni.
Upcoming career….Health Care Management
As per a management career one more specialization that is attracting everyone’s attention as an upcoming career is the health care management course. As per the industry, health care is the third biggest sector in the market. According to experts in the field the industry is recording a constant growth of about 20% per year and is going to reach the 100 billion dollars mark by 2015. Both in the private and government undertake hospitals are expanding with international level standards and facilities every year. Moreover health tourism is also enhancing the expansion of this sector. In this scenario not only health care jobs but also demand for qualified professionals to manage the organizations efficiently is increasing day by day. In this backdrop many institutes are offering courses for healthcare and hospital management to meet the demand. You can know about health administration or health care administration in Wikipedia article. (http://en.wikipedia.org/wiki/Health_administration). In Andhra Pradesh state institute of public enterprise (Hyderabad) is offering PG diploma in health care and hospital management course. Similarly Apollo institute of hospital administration is also offering hospital management course (http://www.admissions-open.in/2014/04/apolloiha-mdhm.html). In the health care sector there are so many job opportunities in lakhs right from patient relationship executive to the director and CEO level. So those who do masters degree with these specializations can find jobs not only in the hospitals but also health insurance companies, nonprofit organizations, clinical product organizations and in many more companies related to the health care sector.
Due to the facilities available the hospitals of our country every year lakhs of people from countries like America to Africa and other remote countries are landing in our country for treatment. So in this process along with the clinical operations lot many hospital administrators are also required to run the hospitals smoothly. So students who focus on this sector can find a good career opportunity is the opinion of D. Obul reddy who is the administration principal of Apollo institute of hospitals.