A management degree is one of the most important qualifications you can have in today’s economy. However, merely getting an MBA is not enough. First of all, your MBA needs to be from one of the top business schools or it won’t have any value. Secondly, it must be specialized in a field that raises your value as an employee or executive. Choosing a specialization for your MBA is not an easy task. It requires you to look at the future market and guess which field will be most beneficial for you. If you’re preparing for CAT 2019, it may be a good idea to plan out your specialization as well. Here are some tips that will assist you in doing so.
Focus on Your Strengths
While your specialization must appeal to future employers, it must also be something you are good at. This will help to ensure that you are able to pursue the degree without immense pressure for scoring well. Focusing on your strengths will also help you develop them further, thereby increasing your value to the workforce.
Know Your Goals
It is important for you to focus on the long-term value of the degree and its alignment with your professional goals. This will help ensure that you do not get swayed into one-year courses that will fade out after a few years. You must put efforts into something that will give you actual value in the next several decades of your career.
Learn About the Salary Estimates
The salary estimates mentioned for every specialization are meant to help you choose which one will get you paid more. While it is entirely possible for you to do better than these numbers, you must choose something that gives you a good figure in your starting salary. This will ensure that you get the highest possible starting salary and only go higher from there.
When you factor the above into your decision, you will realize that choosing your specialization holds an important place in your career. This is why it is essential that all CAT 2019 applicants choose the right specialization before graduation
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