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MBA Concentrations: Which is Right for You?

January 29, 2018

Business man climbing a graph line

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

MBA Concentrations

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 that 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.

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.

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 is as successful as possible. Those in this career must be both analytical and creative, and possess excellent abilities in communication, organization, and decision making.

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.

Small Business Management and Social Entrepreneurship

Every company starts out with an entrepreneur who was able to see a business need and offer a solution for it. That solution can be even more effective and profitable if it is tied to a social, cultural, or environmental issue that they can enact change for. King University Small Business Management and Social Entrepreneurship students study how to build and grow sustainable, ethical businesses.

Job Spotlight: Entrepreneur

Entrepreneurs are responsible for planning and directing the operations of a company by creating policies, setting goals, and meeting with investors and clients. They may also oversee a company’s products and services, including marketing, distribution, and sales. Entrepreneurs review financial statements to identify channels that increase profits and reduce costs, and are responsible for setting up the direction and vision of a company.

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 concentration of their choice. Students may also add on concentrations, giving them a competitive advantage in the world of business leadership.