A concentration adds info to the main classes you usually take for a general MBA. It may also add a few months to even a full-time MBA program depending on what specialization you are interested in. However, online programs are designed to be flexible and easy accessibility to most means you can apply to earn your degree part-time, dependent on your schedule, and not worry about taking a bit longer to finish. You will need to note which concentration you are interested in upon admission to a program. Some concentrations that are offered across the US include business analytics, entrepreneurship and innovation, international business, and more. Some of the specializations offered in New York can be seen below.
Human Resources
Nearly every company has a central role for human resource professionals. An MBA with a human resource focus prepares graduates to manage employee relations, labor relations, and employee development. Diversity and inclusion typically fall within the responsibility of the human resources MBA. HR professionals also have a prominent role in planning budgeting and day to day business.
International Business
The global economy has global scale challenges such as international laws, financing, and trade rules. New York has corporate headquarters for many large international firms and firms with substantial international business portfolios.
Finance
MBAs with concentrations in finance will be in high demand. Finance is an integral part of domestic and international business. Finance is a valuable concentration in the banking, securities, and private equity sectors. Major employers for finance concentrations include hedge funds, pension funds, stock brokerage, investment funds, and investment advisors.
Corporate Management
The MBA in management is a widely used concentration in public, non-profit, and private sectors. Management is a broad field that combines with other disciplines such as data analytics, planning, and strategic management. Management is an interdisciplinary focus that also matches up with other fields such as insurance, health insurance, and risk management.
Information Technology
Managing information is a critical process in nearly every organization. Information and the uses of information may form essential parts of an organizations mission. Cybersecurity concerns are intertwined in information technology. Safekeeping data has long been a significant challenge in today’s global business environment.