As per the academic dynamics, it is imperative for an MBA student to have diversified knowledge and for the very same reason, the college offers its students to choose a major specialization and also opt for a minor specialization.Students are required to opt for one of the major and one of the minor specializations. The major specialization needs to be opted for before the 4th trimester. While the minor specialization needs to be opted for before the 5th trimester.
Specializations Offered
Major Specializations |
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Minor Specializations |
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Data Science and Analytics (DSA) |
Data Science and Analytics |
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Economics |
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Finance |
Entrepreneurship |
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Financial Services |
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Human Resources |
Human Resources |
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Integrated Marketing Communication |
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Marketing |
International Business |
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Management Consulting |
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Operations Management |
Marketing |
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Operations Management |
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Retail Management |
Major specializations details:
Data Science and Analytics: With data being recognized as the new oil for organization, the specialization in Data Science aims at equipping the students with the courses that will help them make sense of the data and apply various communications, statistics, human behavioral, and cognitive models along with information technology and analytical tools in functional areas or domain of their liking. The insights gained will help take current or progressive decisions.
Finance: Finance is one of the most important areas of any economy and business. For the smooth functioning of the economy and business finance experts are required for policymaking, making decisions, and managing operations of finance. Finance specialization is offered by K J Somaiya Institute of Management keeping in mind the objectives of making the students ready to lead the finance functions of an economy or business both domestic and international.
Human Resources: A major in HR will equip the students to deal with the Human Resource of the organization in terms ofHR functions from Recruitment & Selection; Training & Development; Compensation, Rewards & Incentives; Performance Management, Career Paths to Exit etc. The student will learn to create tools for the HR function, design organizational policies, and robust HR processes while auditing the HR function.
Marketing: The marketing department at K J Somaiya Institute of Management endeavors to capture and disseminate the traditional and contemporary challenges facing the marketing function lucidly through its bouquet of subjects in the marketing area and use of pedagogy involving case studies, live projects, experiential learning opportunities, technology-based tools, interaction with industry stalwarts, field visits, preparing students for competitions and so on. These inputs will prepare the student of marketing for a full-fledged career in marketing from day 1 in the corporate world.
Operations Management: The objective is to develop an in-depth understanding of operations systems, their components, contributions, and interactions with other functional areas. It also equips students with the analytical tools necessary to address issues and take proper decisions in the dynamic global business scenario. The specialization helps in building an effective Techno-Business Manager and leader.
Minor Specializations Details:
Data Science and Analytics: Data Science and Analytics are the integral parts of any functional domain. The courses offered as minor in data science will lay foundation to the use of concepts and technology in data science that will help augment the domain skills of the students. Students will also be able to complement the learning skill in their respective domain with technology driven decision making process using concepts in data science.
Economics: The objective of minor in Economics for the students will be to benefit with sector specific knowledge who aim to get into specific domains, and also provides clarity on generic concepts in subjects like regulatory and public policies. Students opting for Minor in Economics are expected to have a comprehensive understanding of basic principles and concepts of economics.
Entrepreneurship: A minor in entrepreneurship will prepare the students to understandthe concepts of entrepreneurship. It will also help the students to gain an understanding of entrepreneurial competencies, to expose individuals to the aspects of idea generation, opportunity evaluation, business model and business plan preparation and to motivate individuals to become entrepreneurial.
Financial Services: This minor specialization is introduced with an objective to provide ideal opportunity to the students who want to make career in other then finance specialization but wish to work in finance domain. Financial services are super specialization under finance domain. Today the financial markets of any country cannot function without the efficient financial services. Business and industry cannot survive without the aid of financial services.
Human Resources: A minor in HR will equip the student to deal with the diversity of the Human Resource. Human Resource is agile and it is this resource which helps every manager to achieve their goa of organization acculturation, being sensitive to employee needs, growth and creating high Performance teams. The student will learn to make the employees adapt and in an agile manner change with the dynamic external business environment.
Integrated Marketing Communication: One of the fastest growing sectors of the Indian Economy-Media & Entertainment. India is an important part of the Global Village- All the Media and Communication conglomerates have an India Focus- Viacom, IPG, WPP, Publicis, Star Network. Strategic Marketing Communications is a crucial component of every industry. Skilled talent is the need of this industry. Students will learn Managing and designing Integrated Internal and External Marketing Communication.
International Business: This specialization covers the entire spectrum of International Business therefore, imparting an in-depth knowledge of international business environment, international finance, global economics, and cross-cultural sensitivity to the students. The Program is oriented towards building professionals with expertise in International Business focusing on strategies in an ever-changing international business environment.
Management Consulting: A minor specialization in management consulting will deal with building an understanding of different industry structures, analyzinga firm’s strategic choices and the role of the top management team. The students will also learn about determining the choice of the industry in which the firm operates, diagnosing performance drivers of the organization and exploring different strategic frameworks.
Marketing: The minor specialization in marketing would enable the students to gain expertise in the marketing concepts, marketing analysis tools and realize the importance of customer value and consumer behavior to take appropriate marketing decisions in a highly digitized and fragmented world of business.
Operations Management: The minor specialization in Operations has an objective to provide an opportunity for students to have a cross functional expertise. It provides an opportunity to gain knowledge and work in interface areas. The students will be able to gain insights and expertise in improving efficiencies in multidisciplinary areas.
Retail Management: This minor specialization is introduced with an objective to provide ideal opportunity to the students who aim to make a career in the fastest growing and fiercely competitive retail sector. Retail sector is one of the largest contributors in global economy as well as employment generation. Retailers deal in both products and services. It also acts as a booster to the students who want to become a successful sales or marketing professional.