Lesser Known MBA Specializations
Some of the common specializations of MBAs are in finance, human resources (HR), technology, marketing and operations. This article aims to highlight a few of the lesser known specializations of the Master in Business Administration (MBA) course.
MBA in Family Business Management
This course is aimed to provide the students with the foundation of a business so that students will be able to develop family-owned businesses shift towards the next generation. The syllabus is based on subjects like managerial economics, business laws, small business management, financial accounting and entrepreneurship.
This stream is offered in:
- Indian School of Business (ISB), Hyderabad
- Hindustan University
- Institute of Management Nirma University, Ahmedabad
MBA in Tourism and Hospitality
This course covers the fundamentals of the tourism business, trade and travel, tour studies, hospitality management, eco tourism, tour operation and national and international tourism management through subjects like tourism economics and IT, business communication, sustainable tourism management, itinerary planning and costing, export, import policy and documentation.
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This stream is offered in:
- Kuoni Academy, Mumbai
- National Institute of Tourism and Hospitality Management (NITHM), Hyderabad
- Goa University, Goa
MBA in Clinical Research Management
This course is designed to emphasize the skill set necessary to effectively manage clinical research for clinical trials to research treatment regimens, medications, diagnostic products and its safety. The syllabus encompasses subjects like pharmacovigilance and clinical data management, medical statistics, intellectual property rights, herbal & medical device trials, pharmacoeconomics and pharmacogenomics.
This stream is offered in
- Institute of Clinical Research (India), Delhi
- The Global Open University, Nagaland
- Tilak Maharashtra Vidyapeeth, Pune
MBA in Criminal Justice
Criminal justice deals with work carried out by law enforcement agencies like the police and the judiciary. This field of the MBA aims to mix business and legal education by providing the fundamentals of technology, communication, accounting, economics and policies focusing on the criminal justice system, administration, criminal law, evidence recovery, organized crime, homeland security, forensic psychology and management.
It is offered through:
- Liberty University, Virginia, USA
- North Central University, Arizona, USA
- Indian Management School & Research Center, Mumbai
MBA in Knowledge Management
Knowledge is something intangible, and companies have large amounts of information that need to be processed efficiently, distributed and stored. The MBA in Knowledge Management will provide students with a solid foundation in the basic MBA subjects like marketing, finance, and human resource, and also focus on specifics like information security, organizational management, planning, media management, database management and general skills in management, technology and planning.
This is offered at:
- London School of Business & Finance, London, UK
- Nanyang Technological University, Singapore
- Robert Gordon University, Aberdeen, UK