MBA Specializations: Which is Right for You?

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MBA Specializations

At King University, students can choose from eleven specializations within their online Master of Business Administration degree. The breadth of this selection is rare among business schools. Whether students prefer working with numbers, people, or projects, King University provides the right online training to help them become leaders in their fields.

MBA Specializations

Accounting

Accounting is the study of how financial transactions are comprehensively and systematically recorded within business. Those in this field are responsible for summarizing a businesses’ financial information, analyzing it, and reporting it to relevant agencies. Students at King study topics like internal auditing, fraud examination, financial analysis, and strategic cost management.

Job Spotlight: Accountant/Auditor

Accountants and auditors work in nearly every industry imaginable, including the public, private, and government sectors. They may be required to inspect and ensure the accuracy and compliance of financial statements, prepare taxes, maintain financial records, or offer advice as to how to improve the financial efficiency of an organization. Those who choose accounting or auditing as a career must enjoy working with numbers, and be highly organized and detail-oriented.

Business Analytics

Business analytics is the study of the methods and techniques that organizations use to measure and maximize their performance. Through identifying weaknesses in organizational processes, the field allows businesses to continually improve, grow, and remain competitive. Students in this program study analytics from descriptive, predictive, and prescriptive viewpoints.

Job Spotlight: Management Analyst

Management analysts collect and examine data for companies to determine how to increase an organization’s profitability and efficiency. This process may include interviewing personnel, observing company operations, and gathering relevant numerical data. Most management analysts work on a contractual basis either independently or through agencies. An MBA can help many candidates stay competitive in this particular job market.

Finance

Finance is the study of money in the public, corporate, and personal spheres. It encompasses subjects like money creation and management, banking, credit, financial systems, and financial instruments. Students at King ready themselves for this sector by studying topics like investment management and financial markets and institutions.

Job Spotlight: Financial Manager

Financial managers ensure the financial well-being of their companies. These professionals are responsible for monitoring how an organization’s money is earned and spent, helping the organization keep its legal financial obligations, and using their expertise to help managers make sound financial decisions. Those in this field must be highly analytical and have excellent skills in both math and communication.

Healthcare Management

Healthcare management is the practice of creating effective structures and systems for institutions within the healthcare industry. This may include planning health services, creating and analyzing policies, assessing an organization’s financial risks, and improving organizational efficiency. Careers in healthcare management may be found in hospitals, pharmaceutical or biotech companies, government agencies, medical groups, or health insurance agencies.

Job Spotlight: Health Services Manager

Health services managers may be found in a range of healthcare settings, from large institutions to small physicians’ offices. They are responsible for numerous tasks, such as coordinating services, improving efficiency in service delivery, recruiting and training staff, managing an office’s finances, and ensuring compliance with any governing agencies. The U.S. Bureau of Labor Statistics reports the number of health service manager jobs is expected to grow 20 percent by 2026.

Human Resource Management

Human resource management is concerned with developing a company’s workforce. This includes staffing, compensation and benefits, defining work, developing talent, and any other responsibilities that help a company increase its value via personnel. Students at King who choose this concentration study topics such as human resource development, risk management, and training. 

Job Spotlight: Human Resources Specialist

Human resource specialists oversee all areas of employee relations within their companies. This may mean identifying employer needs, recruiting personnel, managing benefits, employee training, handling staff paperwork, and serving as a touchpoint for information and conflict resolution within all departments. Those who choose this career must have exceptional communication and interpersonal skills.

Leadership

Leadership is a broadly applicable field that trains students to become effective frontrunners in many organizations. Students will study areas like recognition development, innovation models, and critical approaches to leadership, allowing them to learn the skills necessary to manage at, collaborate in, and implement solutions for their places of work. Those with an MBA in Leadership are readily employable in many sectors.

Job Spotlight: General Manager

General managers are responsible for overseeing operations, and can be found in any number of organizations and fields of employment. Their duties may include planning and directing work flow, creating policies, personnel supervision, ensuring compliance, and recommending improvements to their organization’s systems of operation. Those who excel in general management are excellent analytical thinkers, and must enjoy working with others.

Management

As the study of how to get things accomplished within an organization, management can be considered both an art and a science. It is a specialty needed in nearly every job sector, and may involve handling problems in one or a range of topics, such as personnel, finances, resources, and organizational goals. King University Management students study concepts like organizational effectiveness, human resources development, and operations management.

Job Spotlight: Administrative Services Manager

Administrative service managers oversee, maintain, and supervise the facilities and activities that take place within an organization. Responsibilities may include supervising personnel, setting department goals, recommending policies and procedural changes, and coordinating services. These professionals often work in the educational services, healthcare and social assistance, professional, finance, and government sectors.

Management Information Systems

Management information systems describes the study of the connection between people, technology, and organizations. Those in this field are curious about how technology can be implemented to improve an organizations’ efficiency, and use their training to solve problems and think strategically about technological solutions. Students who specialize in management information systems will study topics like systems analysis, critical approaches in leadership, and innovation.

Learn more about King University’s MIS Specialization here.

Job Spotlight: Senior Data Analyst

While senior data analysts may work in any type of business, they are most often found in the marketing or finance industries. These professionals are responsible for collecting, organizing, and analyzing data pertaining to a business’s operations so that other departments and leadership may make informed decisions. Master’s degrees are becoming increasingly required for this career.

Marketing 

Marketing is concerned with the process of convincing consumers to buy one product or service over another.  Those in the field may promote products, establish prices, strategically distribute goods or services, and more. King University Marketing students study topics like consumer behavior, new venture creation, and promotions and advertising strategies.

Job Spotlight: Marketing Manager

Marketing managers are responsible for recognizing potential markets for products and services. This means estimating demand, developing pricing strategies, and working with sales, public relations, and product development professionals to ensure a company earns as much money as possible. Those in this career must be both analytical and creative, and possess excellent abilities in communication, organization, and decision making. 

Nonprofit Management

Nonprofit management is concerned with overseeing the services, funds, and operations of organizations set up to run services, rather than those designed to generate profit. These organizations may range from small, local operations to major international institutions. Depending on the size and scope of their employer, those in nonprofit management may be responsible for fundraising, media exposure, donation management, and other type of financial maintenance.

Job Spotlight: Executive Director

Executive Directors serve as organizational leaders in both nonprofit and for-profit organizations. They may be responsible for designing and implementing strategic plans, directing budget decisions, maintaining relationships with the press, supervising upper-level staff, and generally developing operations on a broad level. Those who serve as executive directors must be have excellent leadership skills and be highly motivated and organized.

Project Management

Project management is the practice of completing unique business endeavors within specific periods of time, using finite resources, the Project Management Institute explains. It involves all aspects related to initiating, planning, executing, monitoring, controlling, and ending these processes. King students who study project management learn foundational subjects and processes in the field.

Job Spotlight: Project Coordinator

Project coordinators organize and streamline all components of project completion within their organizations. They may be responsible for writing schedules and timelines, coordinating project tasks, invoices, budgeting, and working on contracts, among other duties. Those who work as project coordinators must be highly organized, self-motivated, and adaptable.

Additional sources: Investopedia, Techopedia, Inc., Payscale

A Personalized Business Career

Those wishing to advance their business careers need the right degrees to succeed. At King University, the online MBA allows students to tailor their education to fit their unique professional goals through a unique host of opportunities. Students can complete the degree in as little as 16 months, which includes the specialization of their choice. Students may also add on specializations, giving them a competitive advantage in the world of business leadership.