How to Choose the Right Master’s Specialization
The right MBA and Master’s specialization can create exciting career opportunities for you
Pursuing a specialization can be one of the most rewarding parts of an MBA and master’s program. While the core modules will give you a solid foundation of knowledge in key areas, a specialization allows you to explore a particular business sector in much more detail, gaining expert knowledge that can help you access more advanced and lucrative job opportunities.
With that in mind, choosing the right specialization can have a huge impact on your career. You will want to ensure that you opt for an area of study that will really interest you, motivate you, and improve your prospects.
Fortunately, most MBA programs provide plenty of options. The IBSA Dual Degree Master's Program, for instance, offers six different specializations in six exciting locations, all offering their own unique opportunities, challenges, and learning experiences.
So how do you decide which one is right for you? Read on to find out.
Look for a Specialization that Builds on Your Professional Experience
Many MBA and Master’s students will already have spent a number of years working before they begin their program. With that in mind, it makes sense to choose a specialization that expends your existing professional experience.
For example, The Human Resource Management specialization offered by the University of Hertfordshire might be the perfect choice for IBSA Master’s students with career plans in HR, allowing them to draw on their previous business knowledge while also exploring Human Resource Management in more detail.
Consider How Your Specialization Will Help Your Future Career Goals
When considering your specialization, you might find it useful to research companies where you would like to work in the future. Try using sites like LinkedIn to find out more about the academic backgrounds of their current employees, or even contact the companies themselves for advice.
This will help you to evaluate what these companies look for when hiring, and which specialization would be most useful in helping you to access opportunities in these organizations in your future career.
Research the Demand for Specialists in Your Area
Another important thing to consider when choosing a specialization is which areas are most in-demand in the current global marketplace. MBA graduates who specialize in marketing, for example, are frequently among the most highly paid once they enter the workforce.
It’s also worth considering where you would like to live after completing your degree when choosing a specialization, and the opportunities that might be available in that sector. For instance, IBSA’s MBA program includes an International Logistics and Supply Chain Management specialization offered in Bremen, which is one of Germany’s leading logistic hubs. This means that students who hope to stay in the country have a great chance of securing work once they graduate.
Find an MBA Specialization that Inspires You
Above all else, it’s important to find an MBA specialization that really appeals to you. Choosing a topic that you are particularly interested in will help motivate you to do well, inspire your creativity, and give you the opportunity to pursue a career doing something you really enjoy.
If you are unsure just what that might be, keep in mind that admissions offers and university staff are always available to offer their advice and guidance, tell you more about different specializations, and help you narrow down your choices.