MBA has been a dream career for many students and has become one of the most searched careers as compared to other post-graduation programmes. An MBA is a degree that allows students from various backgrounds to apply.
Due to this diversification, students with science, commerce, engineering, arts, or business backgrounds can opt for it and have a diverse learning experience.
But there has always been some sort of confusion among commerce students who wish to opt for an MBA after a bachelor’s degree. Class 12 students often get dicey about choosing between BCom and BBA.
BCom specialisations
BCom (Bachelor of Commerce) is an undergraduate degree that can be done after the completion of 12th grade.
BCom consists of subjects like finance, economics, insurance, analysis, problem-solving skills.
Apart from having every subject in BCom, the degree also offers specialization in a specific subject, such as BCom in Accounting and Finance, BCom in Finance, etc.
The BCom degree is a three-year degree course and students can either follow up the course by doing MCom (Masters of Commerce) or pursue fields like Chartered Accountant (CA), MBA, Company Secretary (CS), Banking & Insurance, Business Accounting & Taxation (BAT), Financial Risk Manager (FRM), Certified Financial Planner, Investment Banking, Chartered Financial Analyst (CFA), Business Analytics and Data Analytics.
BBA specialisations
A Bachelor of Business Administration (BBA) is a degree in business administration and commerce that can be done after completion of the Class 12th standard. It is an undergraduate degree that allows students to learn and understand the fundamental knowledge of business along with its practical knowledge.
Every year more than 1 lakh students graduate from this course.
BBA offers specialised courses, like BBA in Marketing, BBA in travel and tourism, and one can become a Digital Marketer, Product Manager, new technology application architect, and Business Analyst or consultant.
Scope of MBA
MBA specialisation offers a niche area to pursue your passion for a career. There are many fields, like Marketing, Finance, Human Resources, General Management, Information Technology, Operations, Entrepreneurship, Production Management etc. So, it’s important to understand each specific specialization to get a clear idea of which background fits better.
MBA in HR
An MBA in HR is a two-year degree course that focuses on human resource management, providing direction.
Those having an MBA in HR are trained for field management: the employees are hired to plan human resource development strategies. Having learned BBA prior to an MBA in HR will help students to perform well in human resources.
MBA in Marketing
An MBA in Marketing is a specialised 2-year degree course for candidates that are interested in learning branding, advertising, marketing. To have a career in marketing having a degree in BBA will help students to excel in this field.
The subjects learned in this course are Business Environment, Management Concepts, Marketing Management, etc. Marketing is one of the most required skills and is therefore popular and demanding.
MBA in GM
An MBA in General Management is one of the most popular MBA programs and includes the study of finance, marketing, accounting. This program is for those individuals who wish to focus on higher-level management problems and have a knack for supervising employees.
Completion of a BBA course prior to an MBA in General Management will help students to build a perfect foundation in this field. It takes two years to complete this course and students can choose to opt for on-campus or distant learning as well.
MBA in Finance
Having an MBA degree in Finance helps fellow entrepreneurs and business aspirants to know a little more about the finance world. The course helps the students to forecast economic trends, choose investment portfolios and other things.
Students having an MBA degree in Finance can work in fields like tax planning, international finance, insurance management, etc. The duration of this course is two years and having a bachelor’s degree is essential. Having a BCom degree while pursuing an MBA in finance will be beneficial.
MBA in IT
Industries have begun with e-commerce, making IT one of the important specialisations in the business world.
BCom in Information Technology will help you as the subjects learned in the MBA course are similar to those learned in BCom. Students wishing to pursue an MBA in IT need to have a bachelor’s degree and the duration of the course is 2 years. The skills required for this course are project management, office skills, flexibility, foresight, etc.
Understanding each specialization in detail has made it clear that BBA is a better choice for MBA aspirants as it proves to be true in most cases. A detailed understanding of both courses makes it easier to come to a conclusion of what fits best according to the MBA specialisation the students want to opt for, making it easier to choose the degree accordingly.
Dr. Amrit Das