Which specialization should I choose in MBA?

This will depend a lot on your interest areas and long-term career aspirations. Each MBA specialisation requires certain personality traits and the chances of doing better in career are higher if you pursue a specialisation which is aligned to your interest areas and personality traits. Each specialisation does have the potential for a great career. Try and pursue MBA from a top-ranked institute to get a good start.

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Career benefits of an MBA degree: 1. New job positions are open to you. When you earn your MBA, the number of positions that are available to you rises dramatically. According to The Economist, job opportunities for MBA graduates are rising in 2016. Three-quarters of employers say that they plan to hire MBA graduates in 2016, while ninety-two percent are increasing the number of MBA internships that they offer. With that in mind, earning an MBA will qualify you to apply to higher-level positions and increase the career opportunities available to you. 2. New career paths are open to you. Shifting gears and pursuing a new career path can sometimes seem like an impossible dream, particularly if you have been working in the same industry for a long time. Gaining new skills could easily be the catalyst you need to kick-start your transition from one career to another. Even if your background is not typical for the positions you are considering, an MBA will provide the education and skills needed to help you become a more qualified candidate. 3. Your earning potential increases. Recent study showed that the average MBA graduates pay was 50% higher than their position before earning their degree. Even more impressive, in the five years after earning their MBA, the average pay increased by 80%. These figures clearly show the financial benefits of an MBA but they don't address the personal satisfaction that comes with greater responsibility. 4. Your professional skills improve. One of the key benefits of an MBA is that it improves your theoretical and practical knowledge of how businesses operate. A key component of success in business, or any endeavor for that matter, is having a compliment of soft skills, such as communication, teamwork, and leadership. As the saying goes you need to be able to walk the talk. Whether you desire a promotion or plan to start your own enterprise, having these skills could be the difference between success and failure. 5. You enjoy greater job security. Today job market is more turbulent than ever before, filling many with uncertainty and fears of being left out. Among the many benefits of an MBA is a more marketable skillset and greater job security, which may contribute to your peace of mind. The skills you develop in an MBA programme will make you a valuable member of any team. Even if you leave your job, your business qualifications travel with you, increasing the probability of returning to work more quickly.

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