Financial Management
Enables one to understand the financial decision-making process by taking into consideration the business, tax and financial environment of the organization. The tools or pointers used in this process range from estimating cash flows, analysis of financial statements, capital structure, capital budgeting, working capital management, risk and return management to many related areas. The goal of Financial Management is to maximize the value of the firm by efficient allocation of resources.
Systems Management
Systems Management uses business knowledge and technical skills to acquire, develop, integrate and implement Management Information Systems (MIS) in a business environment. MIS involves developing plans and defining solutions to optimally utilize the resources of the Company and improve productivity. It is essential to understand project management as a tool under a dynamic environment. Systems Integration, process engineering, production support and end-user support plays a major role in the development of MIS.
Marketing Management
Marketing Management involves understanding the needs and wants of the customer and catering to the specific needs of the end-user. It encompasses the study of Product, Place, People and Promotion. Essentially, marketing Management deals with Sales, Distribution, Consumer Behavior, Brand Management, Merchandising, and Retail-chain management, Advertising, Market Research and Marketing Strategy. In short, Marketing Management is the backbone of the business organization as it is a revenue generating function.
Production Management
Production Management involves identifying solutions to achieve maximization in production outputs. The aim of Production Management is to improve plant objectives such as production, quality control, safety, inventory management, training and motivating personnel. The requirements for Production Planning and Management are Product and Process knowledge and thorough operational knowledge. The main requirement of the course is engineering skill sets, as it is a function of the manufacturing process.
Human Resource Management
Human Resource Management, as the title suggests deals with man management given the parameters of the socio- legal framework of the organization. The process of Organisation Development and identifying manpower requirement falls within the gamut of HRM. So, Recruitment, Selection, Training and Development, Compensation, Personnel Appraisal and Staff welfare fall under the broad category of HRM. A study of Business Law, Industrial Relations and Labour Relations is covered under Human Resource Management.
International Business
International Business is designed to address managerial issues that are relevant to doing business across national boundaries, while incorporating the necessary basics of business. Work in a variety of industries including Oil and Gas, Financial Services, Management Consulting and Consumer Goods Retailing.
Entrepreneurship
Entrepreneurship is a program designed for individuals interested in developing their entrepreneurial potential. In today’s business environment it is essential for leaders to focus on innovative value-based solutions, to develop their creative problem-solving skills and to perceive change as an opportunity. Individuals leading a small, privately held firm, a non-profit organization or individuals working in larger public corporations will benefit from the developing their entrepreneurial leadership abilities.
Communication
If you work in communication fields such as media & advertising, journalism, public relations and you are looking to advance your career to next level, an MBA that specialise in communication prepares you for mid- to upper-level management positions in these communication career fields. It provides managers with the knowledge and skills to solve communication problems in the workplace, use new media to transform existing business practices, reach out to media and clientele, and manage corporate images.
Hospitality & Tourism
Beside the health care industry, service industries such as hotels, restaurants and tourism focus . The high demands in these fields require people with expertise that can employ management techniques in all levels to lead the industries . MBA in Hospitality & Tourism can be your open door to move your hospitality or tourism career to a higher level with better earnings.
Health Care Management
An MBA specialized in health care management will prepare you for mid- to upper-level management positions in health care facilities, pharmaceutical firms , insurance companies, long-term care facilities, and public health agencies.
Project management
It is the discipline of planning, organizing and managing resources to bring about the successful completion of specific project goals and objectives.• Aerospace and Defense • Design, Procurement and Construction • New Product Development • Education and Training • Risk Management • Environmental Management • Urban Development
are career Areas
Besides the above, there are many Institutes which offer other areas of specialization like Foreign Trade Management, Agri-Business Management, Small Business Management,Consulting,Strategy to name a few.Many schools offer unique concentrations available nowhere else. If the candidate is General Oriented then choose MBA General Management
Sunday, April 19, 2009
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