Which specialization is best in PGDM?

 

If you’ve ultimately selected to get yourself enrolled for a PGDM, the next question you were asking yourself is "Which Specialization is best in PGDM for me"? You are at byroad when you have to decide between the multiple options that colleges are offering. In the future, your work profile, organization, pay scale, etc. will completely depend on the specialization which you have selected.

Let’s get an elemental understanding of which specialization satisfies you the most. A PGDM specialization depends upon your area of interest. Most of the students think that they can work in any area provided they have an adequate salary. But, this is not the right way. A few years down the line, you would be disappointed if you do not like the job. Do not make a decision based on the money factor and how you can make a decision? Always go for your interest and if you are confused about interest, do not bother. Firstly, connect with your seniors who are working in different fields and after putting yourself in their place, think if you would like to do that job. Not only specialization but which college you are choosing is also very important for your career.

I Business Institute, Greater Noida offers a total of 7 specializations and you can opt for dual specialization there. The specializations I Business Institute offers are- International Business, Human Resource Management, Finance Management, Marketing Management, Information Technology, Business Analytics, Operations & Supply Chain Management. When you enroll for a PGDM program in a top B-school, it’s natural to be excited and surprised with the entire experience. There are a number of new things to learn and several choices to make. One of the most important ones is to choose your PGDM specializations. Although the first year of PGDM includes learning all the subjects, you need to choose a specialization for your second year. The PGDM programs teach all the foundation subjects and basics in the first year and then offer an in-depth insight into the particular specialization you have chosen.

 Here’s how you can choose from the top PGDM Specializations:

·       MARKETING

This is one of the most traditional PGDM programs, known for its high-paying jobs. Marketing demands a creative and innovative skill-set and after completing the course, you can work in an advertising agency, a corporate company’s marketing department, a digital marketing company, or in the sales team. The marketing specialization is ideal for aspirations that are enthusiastic, sociable and have a unique ability to solve the customer's problems with creative solutions.

 

·       HR

 Human Resources management helps to manage the resources in an organizational structure. This is a comprehensive PGDM specialization for someone who has excellent people skills and wants to help companies utilize their personnel to their optimum levels. Human Resource is one of the most essential parts of every organization and is developing at a remarkable speed.

 

·       FINANCE

 If you’re good with numbers and have a liking for the finance and banking industry, this is the perfect specialization for you. One of the greatest parts of taking finance is that there are several high-paying jobs in most businesses for finance experts. Or you can aspire to become a CFO and help companies make more profits in the future!

 

·       BUSINESS ANALYTICS

 Now every business depends on data and analysis to move forward. If you have excellent research and analytical skills, you can think about taking this specialization in your PGDM program. You will study a lot about science, statistics, research, and technology as you will develop the skills to deal with the quantitative analytics of a business.

 

·       OPERATIONS & SUPPLY CHAIN MANAGEMENT

Now let's talk about OPERATIONS & SUPPLY CHAIN MANAGEMENT. We all know productivity is the key to success for every business. In a plan to increase productivity and operations, businesses look for managers who can plan, strategize, and execute the main tasks in a business. In this specialization, you will learn how to run an organization, how to optimize the supply chain, how to minimize costs and maximize profits, etc. If you want a challenging role, you can definitely take up this specialization.

 

·       INTERNATIONAL BUSINESS

 

Let's understand the INTERNATIONAL BUSINESS suitability. This specialization educates you everything from adhering to international business practices and global laws, importing and exporting, managing business operations on a global level, correlating with international customers, and more. If you love to travel and desire a career that takes you places, this is an excellent choice.

 

·       INFORMATION TECHNOLOGY

 

In the Digital era, we all are connected to technology but some students are keen to make a career in Technology + Management. So, they have an option to pursue PGDM in Information Technology. This specialization is the focused course structure in various IT technologies and methodologies that can transform the potential and practice of IT management. With PGDM in Information Technology, interested students can develop advanced skills that help generate better output and help them understand tools, frameworks, and concepts of the technologies by practical and simulation-based learning. This helps you in a forward-thinking approach to marketing strategy development and implementation.