Concentrations are groups of courses that prepare a student for a particular career path. They help demonstrate a knowledge base. Concentrations can be narrow such as taxation, or they can be broad like one in organizational management. An effective use of concentrations involves getting an excellent overall knowledge base and a focus on an area of high career interest. Concentrations make a graduate more employable and provide an entry into a particular type of employment. For example, in an industry that emphasizes sustainable practices, a concentration in environmental management could offer a big advantage.
Five Concentrations for New Jersey MBAs
Information forms the core of the modern corporation and for many businesses; information is among the critical assets. Information technology is a dynamic field driven by new demands and continuous innovation. MBA education prepares graduates to work in technology-centered processes. This concentration combines a solid knowledge base in management and organization with expertise in Information Technology.
Financial analysis is a foundational element in MBA study; a concentration in finance can be an entry qualification for investment management, private equity functions, and financial analyst positions. Finance concentrations prepare graduates for positions in banking, investment, and private equity organizations.
New Jersey is home to many of the large pharmaceutical industry leaders. Being a highly regulated industry with heavy involvement in research and technological innovation, the demands of this industry can be very specific. The field involves many layers of public policy and government oversight.
Health services and health insurance are large industries in New Jersey. There is a substantial demand for MBA graduates with concentrations or focused coursework in health administration and insurance. Healthcare settings have specific elements of government regulation, privacy rules, and information management.
Marketing is a prominent part of business operations for a wide range of domestic and international businesses. Managing the marketing process involves data analytics, business analysis, and creative thinking. Marketing has a broad reach within a given organization and marketing management requires an ability to communicate ideas and work in collaborative environments.