The scope for an MBA graduate is unparalleled. MBA the most sought-after program, brings career opportunities in plenty. The increasing demand of the program resulted in mushrooming B-Schools across the world. The ever-increasing complexities of business has shifted the focus from traditional specialization areas like marketing, finance and HR to micro-specialization areas like retail, banking, insurance, pharmaceuticals, entrepreneurship, technology etc. This article gives an overview of reality check of various specializations offered by B-Schools and vis-à-vis industry acceptance.

Management education as a separate discipline emerged in 1881, when Wharton School of Finance and Commerce came into existence at the University of Pennsylvania, USA. It took another 17 years for the next two schools to be established at the Universities of California and Chicago. The Harvard Business School started operating in 1908. Thereafter, the growth of business schools was rapid in the USA and across the world.

The MBA degree attracts people from a wide range of academic disciplines. MBA programs are tailored to full-time, part-time executive and distance learning, with specialized concentrations. MBA course includes subjects from across various discipline like economics, organizational behavior, marketing, finance, business environment, strategy, quality management, project management, operations management, information technology, international business, accounting, supply chain, logistics, government policy, ethics, etc.

An MBA degree equips students with tools and techniques needed to identify new opportunities for organizational success and excellence and also manage an enterprise effectively and efficiently from small scale to large scale nationally or internationally.

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