Hi
If you have a BSc with Biology, it means that you are equally new to the subjects of both finance and marketing. So, your background doesn't really incline or bias you towards any particular field. You can go for either of them depending on your interest. And if you are confused about interest, do not worry. Firstly, talk to people working in different fields and after putting yourself in their place, think if you would like to do that job.
Or else, wait for your MBA to start. Once you study all the subjects, it will be very easy for you to choose a specialization in the first semester/ trimester itself.
I will explain what each field entails.
Areas of interest-
· Finance- love for numbers, great analytical skills
· Marketing- Sales, people management, Out-going
Scope of Work-
· If you take Finance, you may go into a wide range of roles like investment banking, corporate treasury, wealth management, asset management, equity research, corporate finance, treasury etc to name a few.
· If you want to contribute to making of a product or an idea, you may want to go into marketing which can give you roles as a marketing/sales/product manager looking after a particular area or a product as a whole.
Nature of work-
· Finance- An MBA program with a concentration in finance prepares graduates to make financial decisions for a variety of businesses and organizations. MBA programs include finance courses that teach students how to acquire, manage and distribute funds in a business setting. Typical courses include marketing, international business and finance, budgeting, financial accounting, data analysis and economics.
Students can choose to concentrate in one of several subspecialties that coincide with their personal and professional goals and interests. Subspecialties include areas such as private equity, corporate finance and portfolio management.
· Marketing- A marketing MBA program is designed to prepare graduates to make marketing decisions in regards to advertising, public relations and other communications fields. Typical college coursework includes international sales and marketing, strategic planning, economics, ethics, market research, financial analysis, consumer behaviour and current business trends.
In an MBA marketing program, students are usually allowed to choose courses from subspecialty areas of marketing based on their individual interests and goals. Such areas may include product management, marketing management and international marketing.
All the best!
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