The MBA is no longer about picking up general but essential skills in management but increasingly veering towards specialisations. Among such specialisations with the highest job prospects are technology, finance and healthcare.
In Technology, there is a huge demand for big data analysis, reports BusinessBecause quoting the Financial Times 2018 MBA Skills Gap survey. Technology Management was the second-most popular module behind leadership skills in a recent survey of more than 1,200 MBA candidates by CarringtonCrisp.
- Among the specialisations with the highest job prospects for MBAs are technology, finance and healthcare
- More than 50% of students at the University of Washington’s Foster School of Business chose careers in technology
- Finance offers plenty of global opportunities for the millennial generation
- Entrepreneurship, another popular choice, has schools offering incubator hubs and other facilities for the students to gain hands-on work experience even before graduating
- In Marketing, while the demand for traditional roles in the US has increased by 79% in 2018, digital marketing recorded the highest numbers
- The prediction in Healthcare Management is that in the US alone, 2.4 million jobs will be created between 2016-26
MBA graduates of several B-schools in the US, including MIT Sloan and Berkeley Haas, found good roles in the sector. More than 50% of students at the University of Washington’s Foster School of Business chose careers in technology.
Finance follows close behinds with around 22% of the graduates finding openings in the sector. It also offers plenty of global opportunities for the millennial generation. The schools included Wharton, London Business School, and the University of Toronto’s Rotman School of Management.
Next comes Entrepreneurship for those wanting to start their own ventures. Several of the schools, with their incubators for start-ups and other facilities, offer good opportunities for the students to develop the necessary skills even before graduating. Among these schools are Stanford Graduate School of Business, IE Business School in Madrid and Imperial College Business School in London.
In Marketing, while the demand for traditional roles in the US has increased by 79% in 2018, digital marketing recorded the highest numbers. According to QS Business School rankings, 22% of Stanford’s graduates chose to go into marketing and the highest rated program in Europe was at ESADE, Barcelona.
The prediction in Healthcare Management is that in the US alone, 2.4 million jobs will be created between 2016-26. In the US, the top schools offering this specialisation include Harvard Business School and UCLA Anderson. In Asia, Goa Institute of Management and the National University of Singapore offer healthcare specialisations.