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i am going to pursue my bachelors in economics from fergusson.but i am not sure aout my masters. mba seems a narrow option to me since it has only 4 specialisations. i also have a keen interest in the fields of career in public relations, creative designing, marketing and advertising. i am in search of universities or institutes in india or elsewhere which cater to a combination of these courses. or else i would like to know which one of this am i fit for.
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There are no specializations in MBA programs. Universities don't grant MBA in information systems, or MBA in finance, or MBA in marketing. They grant the degree Master in Business Administration, or they offer the MS in finance, MS in marketing, etc. The MBA is a general degree preparing students for management positions in any level of a business, up to CEO. MBA students study accounting, finance, marketing, management, statistics, economics, strategy, policy, and other courses. Many MBA programs offer concentrations in these and many other fields, but that amounts to only 2-3 courses in your chosen field in the second year of study. Many students avoid a concentration and take a variety of elective subjects to gain a broader background. By the time you finish the first year you'll be able to decide which concentration interests you. You don't become a specialist in a field with 2-3 courses. It generally takes a year of concentrated study.
The MBA is not like an MS degree that concentrates study in a single field and prepares students for high level staff or research positions. The MS typically requires an undergraduate education in the field in which you want the MS, or a closely related field. A finance major does not get an MS in chemistry, and a biology major does not get an MS in accounting. If you want to specialize in a particular field other than business administration, such as finance, marketing, operations management, human resource management, or a non-business field such as public health, or public administration, you should get an MS degree in that specialization.
MBA programs accept students in any undergraduate field. They prefer students who do not have a business background because they give you the business training but they cannot provide the broad background that managers should have. I have taught MBA students with degrees in Music, Medicine, Dentistry, Law, Psychology, Political Science, Chemistry, Biology, Engineering, and many other fields. Most MBA programs prefer students with 2-3 years work experience after the first degree. Some accept students right out of college if they have good grades and a high GMAT score. Some MBA programs are designed specifically for new college graduates without work experience. But in those programs you don't get the benefit of learning from other students who have work experience. A lot of valuable learning takes place through class interaction. << GO BACK to questions
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