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which speciliazation is better between HR,FINANCE and IT and tell me the reason behind them


rakesh kumar 11th Oct, 2021
Answer (1)
aswathypadinjakkara 11th Oct, 2021

Hey

MBA in finance and MBA in HR are two specialisations that are quite financially rewarding for the MBA aspirants.

A degree in MBA Finance will allow students to pursue a career dealing with the financial aspects of a business, like risk management, valuation of funds and accounting. An MBA in HR is responsible to administer the largest capital of an organisation, that is the human capital. This specialisation deals with recruitment, training and retention of the employees and human resource of an organisation.

Students having an inclination in finance and investment management and analysis can opt for finance. Students having an inclination towards management of human welfare and maintenance of laws and policies should opt for HR. For a finance student, knowledge of accounting is crucial.

A career in Finance has been all about planning,  allocating and analysing the resource and funds of an organisation. A student pursuing a career in finance has the privilege to develop and expand his/her professional network.

An HR professional is considered to be among the most responsible people in an organization. They have to deal with the employees as well as the board of directors,  coming from all departments and culture on a daily basis.

There has been a rapid increase in the demand for employment which leads to an increase in demand for a better HR professional to pick the candidates and manage them effectively. With this rise also comes the risk in finance planning of an organization. This is where the organisations require finance managers to forecast and plan the resources.

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