As the world becomes more complex, provides labor market priority to people
with a specialized training, which is able to do advanced specific jobs.
What applies to doctors and engineers also applies to the MBA. Bloomberg
BusinessWeek, one of the most prestigious business magazines, identifies
only four MBA concentrations as the most promising of about a dozen possible
Finance and Investment Banking
Investment bankers and financiers are among the highest paid professionals
in the United States according to
Countryaah.com. A concentration on financial and investment banking
require MBA students to take courses in corporate finance, accounting,
investment banking, fixed income securities and securities trading. The
schools with the best finance MBA programs include the University of
Chicago, Columbia University, Duke University and Harvard University.
Management and Management Consulting
A concentration in leadership and management consultancy has been the
traditional specialization of MBA students. In fact, Master of Business
Administration degree literally involves a specialization in managing a
business. Management consultants rival investment banks as the most highly
remunerated professionals. The courses students who have a concentration in
leadership and management consulting take include Business Economics,
strategy and operation. The best schools with a concentration in leadership
and management consulting, among other things. Columbia University, Harvard
University, the University of Michigan, Northwestern University and the
University of Pennsylvania.
An MBA concentration in marketing allows the individual to pursue a career
in public relations, or PR; market research; advertising; promotion; and
general marketing. Students with a marketing concentration camps courses of
study such as behavioral economics, public relations, corporate and social
responsibility, of course, advertising and marketing. The best schools
include the University of California at Berkeley, the University of North
Carolina in Chapel Hill, the University of Texas at Austin and the
University of Virginia.
Concentration in entrepreneurship not only teaches students how to start a
business, but also prepares them for a career in the venture industry.
Students learn how a company is set up, and what it needs to grow. The best
schools for an MBA with a concentration in entrepreneurship includes Babson
College, Massachusetts Institute of Technology, the University of
Pennsylvania and Stanford University.