MBA Concentrations: Choosing The Right Path

View all blog posts under Articles | View all blog posts under Business Administration

MBA programs are very general by design. This allows MBA students to apply the skills and information gathered throughout the program to a wide variety of career paths and industries.

The Online MBA degree offered by the D’Amore-McKim School of Business at Northeastern University strengthens your foundational business knowledge while enabling you to focus on one of eight areas of interest.

This design ensures you emerge from the program with a well-rounded understanding of core concepts as well as deeper knowledge of your concentration. Ambitious students can even choose a dual concentration.

Your choice of concentration will depend not only on your previous work experiences but also your career aspirations.

An Online MBA strengthens your foundational business knowledge while enabling you to focus on a specific area of interest.

How to choose an MBA concentration

The concentration you select can shape the path of your career, so it’s important to make your decision carefully. Concentrating in supply chain management can take you on a much different course than a concentration in marketing, for example.

Whether you’re just starting out in the business world or you’re a mid-career professional looking to expand your job options, consider these tips:

  • Find your passion: Your career goals and personal desires likely align somewhere, even if you can’t see it yet. For example, a professional interest in accounting may dovetail with an enthusiasm for philanthropy in the form of a career with nonprofit organizations.
  • Examine your career history: Is your work experience leading you on the path to entrepreneurship? Or do you have your eyes set on the next rung of the corporate ladder? An MBA can help you succeed in either path, but your specific experiences can help you decide which path is most appropriate for your skill set.
  • Reach out to your network: You don’t need a formal mentor to guide your decision. Ask people you trust within your professional network for their thoughts on the subject. Getting a variety of opinions can provide more context for your choice.
  • Research your options: In addition to researching schools and programs, you should also investigate the companies you’d like to work for one day. Learn what kind of requirements they place on job titles that sound appealing to you.

Academic counselors can also help you decide which path is right for you. Speak with an enrollment advisor to learn more about the programs you’re interested in.

What MBA concentrations are there?

The fully Online MBA from Northeastern University provides eight concentration options:

Finance

This concentration helps you evaluate your comprehension of valuable financial strategies. It covers a wide range of topics including portfolio management, mergers and acquisitions, corporate finance strategy, and related subjects.

Healthcare management

By increasing your knowledge of the daily business functions of healthcare management, this concentration prepares you for advancement into high-level leadership positions. Elective courses cover strategic decision-making, health information technology, and financial strategies unique to the healthcare vertical.

High technology management

Given the exponential rise in connected devices in recent years, this concentration is becoming increasingly relevant to the business world. Courses cover topics related to cybersecurity, blockchain, internet of things, and related legal issues.

Innovation entrepreneurship

Online MBA programs can help current and future entrepreneurs succeed in business ventures. This unique concentration covers the Stage-Gate® process, concept development, day-to-day business operations, business plan creation, and social entrepreneurship.

International management

Managing businesses with facilities distributed across the globe not only requires business knowledge, but also a keen understanding of legal and cultural issues. This concentration aims to increase your familiarity with global branding and advertising, multinational finance, and the effects of culture on strategy and structure.

Marketing

These days, marketing departments are involved in every stage of product development, which makes this concentration highly valuable. Courses cover topics such as new product development, market research, digital marketing, and opportunity identification.

Supply chain management

This concentration can advance your capabilities to maximize customer value through improved supply chain management. Covered topics include risk management, supply chain security, and how to work in a dynamic business environment.

Sustainability

Sustainable initiatives not only benefit the environment, but also the company’s bottom line. Organizations based on renewable policies, growth initiatives, and strategies can thrive in today’s business environment.

Shared elective courses also allow students to obtain an Online MBA with dual concentrations.

What is MBA accreditation?

Online MBA programs are accredited in the same way as traditional on-campus programs. Accreditation is the independent evaluation of colleges and universities. To receive accreditation, higher learning institutions must demonstrate high academic quality.

The accreditation process protects students by ensuring they receive an education that meets top academic standards.

The Online MBA program from Northeastern University is accredited by the Association to Advance Collegiate Schools of Business International (AACSB), the highest standard of achievement for business schools worldwide. The program is regionally accredited by the New England Association of Schools and Colleges, Inc.

The 100% Online MBA from Northeastern University gives you exposure to high-level tactics and strategies like enterprise growth and financial reporting analysis. It also provides the opportunity to deepen your knowledge of niche subjects, giving you the ability to pursue management positions in your chosen vertical.

Check out the full curriculum to learn more about the eight unique concentrations offered by Northeastern University.

 

Recommended Readings

4 Integral MBA Skills You Can Master Before Graduating

Learning About the Innovation and Entrepreneurship Concentration

Northeastern University Online MBA Program

 

Sources

Monster – Best-paying MBA Concentrations

Bureau of Labor Statistics – High-paying Business Careers