Do you know which MBA specialization to pick for your dream career?

Young Professionals stress which specialization to pick during their MBA from HR, Strategy, Finance, Operations, and Technology. In this video, I share a detailed view of which Specialization to pick and which to avoid!


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About Shatakshi

Shatakshi is CoCEO of Global Governance Initiative (MBA program recently featured by Poets & Quants), an Ex Boston Consulting Group, BCG, management consultant, a writer, and former public policy advisor in Tony Blair Institute for the Middle East region.

She has been also felicitated with The Most Promising Women Leader 2021 award by ET and Linkedin Top Voice 2021. Her interviews have been published in leading policy and career organizations Modern Diplomacy, BCG, Poets & Quants, Your Story.

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   • Which MBA specialisation is the best?...  
   • What You May Not Know: Specialization...  
   • Top MBA Specializations  


Are you someone who is considering doing an MBA? Or are you worried about choosing the wrong specialisation for your MBA?

This is a very interesting topic since your specialisation can impact your career opportunities and salary.

In this career insight, we will discuss what specialisation might be the right fit for you depending upon your interests.

Best options in specialisations

Specialisations are offered in a number of fields such as HR, Marketing, Strategy, Finance, Operations and Technology. I was offered these specialisations during my time at ISB Hyderabad.

Similar specialisations are offered abroad as well.

1.1 Niche Roles

Working in niche roles includes fields like finance, marketing and HR.

If you are a people person and enjoy being a part of the machinery of organisations, then HR could be a good option for you.

Similarly, if you like sales, marketing and crunching numbers for product launches then you should specialise in Marketing.

People are often mistaken that marketing only involves creating a message or an advertisement. In reality, marketing jobs post MBA requires a lot of number crunching and understanding data. It is actually the ad agencies which largely work on the creative side.

MBA teaches you analytical decision making tools to help organisations reduce the chances of failure.

Now, if you want to work in investment banking or corporate finance then you should go for Finance as your specialisation.

1.2 Generalised Roles

If consulting or product management excites you, then you should finance.

This is a mistake I made as a graduate student by choosing strategy as my specialisation. It was an abstract course. It provided an intersection between hard and soft skills, rather than core hard skills.

Another good option could be operations. This is where another misconception arises, where people see operations as clerical work. In fact, when Rajat Gupta, former global CEO of McKinsey, taught at my education venture, he chose an Operations case. It had involved a lot of optimisation exercises.

These are largely my views.

Your decision must be based on what excites you.

Your career path should not primarily be focused on generating a large income. As you must know, consulting and banking generate high salaries. I have made a comparison between the 2 here.

Are these specialisations the suitable model?

Now if you go back to the history of MBA, you will realise that these specialisations are largely outdated.

Back then, MBA was focused on industrial goods firms and consumer goods firms. Though, people join these programs to build their profile and advance their careers. That is why I believe these specialisations are not in sync with the times.