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Enrolling In An MBA? Top 10 Concentrations To Choose From

top mba concentrations best master business administration focuses

An MBA is critical to gaining in-depth business knowledge and successfully emerging from the competition. It instills many skills that help various individuals (entrepreneurs, business leaders, average Joes, etc.) excel in nearly every area. 

The best part about enrolling in an MBA program today is that hundreds of excellent, in-demand concentration options are available for aspiring candidates. Although not all MBA degrees require you to select a specialty, doing so can assist you in determining the course of your career. 

Additionally, a concentration is a fantastic opportunity to take advantage of the MBA's comprehensive core curriculum, which covers all key business sciences while developing deeper knowledge in a particular field. 

On the other hand, with so many options available, it can be overwhelming to determine which MBA concentration will be a hallmark choice. Thankfully, we have narrowed the options down for you. Below are 10 of the best and most in-demand MBA concentrations to choose from: 

1. Healthcare Information Systems 

An MBA in healthcare information systems is a relatively new degree, but it carries potential, so it is worth considering. This concentration enables graduates to successfully manage healthcare systems, teams, and projects. 

Additionally, the core coursework will include accounting, economics, behavioral management, finance, and data analysis to prepare candidates for the next step in their careers. One of the advantages of earning an MBA in healthcare information systems is gaining knowledge and expertise in various information technology fields specific to the healthcare sector. 

Furthermore, you can easily find reputable universities offering MBA online programs with relevant and up-to-date curricula under this concentration. Lastly, professionals with an MBA in healthcare information systems can work in various areas, such as hospice organizations, nursing homes, non-profit and government agencies, clinics, and more. 

2. Real Estate 

An MBA in real estate is created to give the student leadership, communication, and risk management abilities. This MBA may appeal to you if you are interested in the business side of real estate because it increases your chances of landing a high-paying job after graduation. 

Techniques for negotiating, legal contracts, property valuation, and other topics are frequently covered in this curriculum. The career stance for an MBA in real estate can contain roles like a real estate broker, real estate appraiser, and real estate agent, though some may need additional licensures. 

3. Accounting 

An MBA in accounting focuses on providing students with the abilities they need to take on an accounting-based career role while also covering a wide range of business tactics. 

An MBA in accounting covers a more extensive range of business topics, potentially opening up more possibilities and job prospects for the graduate. Topics covered include managerial accounting, marketing, cost management, and leadership skills. 

Most accounting MBA graduates go on to work in managerial accounting and bookkeeping, or they land positions as financial analysts, corporate executives, or financial consultants. 

4. International Business 

MBAs in international business are designed to prepare candidates for careers on a global scale. International finance, the worldwide economy, export and import laws, international management, the global finance market, and supply chains are frequently covered in course modules. 

Graduates can advance into the realm of international business and handle business issues on a global level. 

5. Marketing 

An MBA in marketing teaches students the fundamentals of business administration while delving deeply into marketing. 

Course components may include brand recognition, consumer interactions, digital content marketing, and market research techniques. After graduation, graduates of the MBA program may find employment as a brand manager, marketing manager, or communications officer. 

This industry is rapidly growing, and there is an increase in the need for workers who have a solid understanding of marketing and business procedures. This MBA concentration may be an excellent decision for anyone interested in marketing management. 

6. Human Resource Management 

People are a company's most valuable asset. After all, where would they be without their employees? Human resource specialists are essential for every business to ensure their staff is happy and following rules. They are also responsible for resolving any conflicts that may arise among employees. 

For graduates who desire to improve the lives of employees, a human resources management MBA paves the way. 

7. Analytics Intelligence 

As more organizations rely on data gathering and computers to guide their decisions, they will require employees who can understand and study big data. 

Students with an MBA in analytics intelligence are prepared for the profession of gathering and analyzing data to help businesses increase efficiency and profits. 

8. Finance 

An MBA in finance covers many business-related topics while concentrating on investment management, budgeting, portfolio management, and financial practices

To find senior-level positions in professional roles, including potential job titles like financial adviser, financial manager, portfolio management specialist, and financial analyst, this degree program is created to equip students with the necessary skill set. 

Finance MBA graduates can work in practically any industry, as sound financial procedures are essential for the success of every organization, regardless of size. This MBA may be appealing to folks who appreciate addressing problems mathematically. 

9. Organizational Leadership 

Organizational leadership concentrations, a rapidly expanding study area in business, concentrate on internal leadership within an organization. Business structures are frequently the focus of MBA programs. 

Thus, an MBA specializing in organizational leadership would focus even more on these frameworks and how to enhance them. An MBA in organizational leadership equips you to assist businesses in enhancing organizational changes and transitions. 

10. Hospitality Management 

The practical aspects of running a hospitality business, such as leadership, business operations, and finance, are the main focus of an MBA in hospitality management. 

Opportunities in the hospitality sector are expanding as the travel and tourist business expands, making hospitality management a relatively secure choice regarding future career possibilities. 

After earning an MBA in hospitality management, you might land a job as an events coordinator, a hotel manager, or a travel agent. 

Final Words On MBA Programs

Now that you are aware of some of the best and most in-demand MBA concentrations, you are better prepared to select if you want to further your knowledge in a specific field of business. Making a pick might seem challenging at first, but the benefits and rewards will surely make it worthwhile once you do. Lastly, pick an MBA concentration that best aligns with your career goals and interest. After all, you want to avoid studying something that neither satisfies your business brain nor raises your value in the market.