A management-focused degree, such as an MBA, is unrivalled. Potential candidates will gain leadership skills, decision-making skills, and strategic abilities through this postgraduate business degree. It is intended to prepare graduates for a more in-depth grasp of broad business management duties. It mostly focuses on parts of the business or particular sectors such as the best streams in MBA like business, finance, risk management, health administration, entertainment administration, marketing, and relationship management, among others.
Progressively, the best streams in MBA areas of concentration are widening to include instruction in international business, as well as the obligations and corporate accountability of firms in their communities. As a result, in today’s world, an MBA degree has effectively become an entry-level degree to get started in your job or an asset for aspiring entrepreneurs.
Why Choose MBA?
Large corporations have given rise to large profiles and options for building your profession as a result of the escalating alterations. With so many job options, selecting the wrong postgraduate educational study abroad programme might be the most difficult obstacle to overcome.
Choosing a stream to concentrate in can be a tough procedure for students since they do not know how unique the course structure would be at a foreign university. Before selecting an MBA concentration, it is critical that you evaluate their career ambitions and professional growth. Once you know exactly what you want out of your work, it will be much easier to discover a suitable specialisation. Here are the top ten specialities that are the most famous and in-demand worldwide.
Also Read: Guide To Study MS In The USA
Best Universities In The World Offering MBA
These are the universities which are making a huge difference in the fields of business today:
| Name Of The University | Average Tuition Fees | QS Ranking 2023 |
| Stanford Graduate School of Business | $79,860 | #1 |
| HEC Paris | €76,000 | #4 |
| MIT Sloan School of Management | $84,200 | #3 |
| INSEAD | €49,500 | #251-300 |
| Harvard Business School | $51,500 | #2 |
| Columbia Business School | $84,496 | #82 |
Best MBA Streams In 2022
1. Finance
One of the best streams in MBA is Finance. It prepares you for a variety of courses such as budgeting, costing, international finance, capital management, and so on. After studying these disciplines, the student becomes skilled in financial management, allowing them to work in corporations’ finance departments. It is also the top highest paid MBA stream.
Top Job Profiles
- Credit risk managers
- Asset managers
- Investment bankers
- Stockbrokers
- Corporate finance professionals
- Insurance and risk managers
- Consultants
- Financial analysts
2. Marketing
MBA in marketing is a dynamic, competitive course that teaches students about consumer behaviour, markets, advertising, and other essential areas. The prospective student must have outstanding communication skills, a strong desire to succeed in marketing, and resource mobilisation abilities.
Top Job Profiles:
- Marketing Manager
- Market Research Analyst
- Brand Manager
- Sales Manager
- Corporate Sales Manager
- Asset Manager
3. Human Resource
Diversity, labour markets and developing economies, mergers and acquisitions, and international leadership are all part of this expertise. If you have strong communication skills, are social, have a positive disposition, and are trustworthy and self-assured, then an MBA in Human Resources is one of the best streams in MBA for you.
Top Job Profiles:
- HR Assistant
- Training and Development Coordinator
- Technical Recruiter
- Human Resources Manager
- Employee Relations Manager
4. Operations
This stream will assist you in comprehending production scheduling or shop floor management. You will learn how to manage process flows and create vendor and interdepartmental partnerships. Most engineering graduates pursue an MBA in Operations because it provides them with a competitive advantage in product creation, design, and process optimization.
Top Job Profiles:
- Operations Analyst
- Management Consultant
- Manufacturing Manager
- Operations Manager
- Retail Manager
- Construction Manager
5. International Business
MBA in Worldwide Business offers students a comprehensive grasp of the organisational competencies necessary for international operations, including specific activities such as international marketing, import-export legislation, finance, and so on. This degree differs from in each and every one of the best streams in MBA that you study. The focus of all topics is on international business from the first day.
Top Job Profiles:
- Business Development Manager
- International Business Analyst
- Equity Analyst
- Management Consultant
6. Information Technology
MBA in IT is intended to educate and develop potential managers in the planning, design, implementation, selection, usage, and administration of information and communication technology. To pursue this specialisation, some prior understanding of the IT industry is essential. IT graduates are critical in the design and implementation of hardware and software for business problems.
Top Job Profiles:
- Strategy and Planning Manager
- Business Development Manager
- Project Manager
- Information System Manager
- Product Marketing Manager
- Corporate Marketing Manager
7. Supply Chain Management
Inventory management, warehousing, and transportation of various materials as required by a client or organisation are all part of this speciality. Graduates from any discipline can pursue a speciality in supply chain management.
Top Job Profiles:
- Strategy and Planning Manager
- Business Development Manager
- Project Manager
- Information System Manager
- Product Marketing Manager
- Corporate Marketing Manager
8. Health Care Management
The essential business skills and practices in the health care industry are covered in an MBA in healthcare. However, it concentrates on the specific challenges that managers may face in their managerial jobs, such as hospital administrators, insurance company executives, medical practise managers, and so on.
Top Job Profiles:
- Healthcare Finance Manager
- Pharmaceutical Project Manager
- IT Manager
- Marketing Manager
- Health Insurance Manager
PS: If there’s anything more you’d like us to know about. Add it to the comments section!
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1 thought on “Top PGDM Courses In Canada: Universities, Specialisations & Eligibility”
I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further