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Different business schools offer different specialized subjects in their MBA programs. However, there are still common topics that should always be discussed when pursuing this executive education.
Despite this knowledge, there are still information gaps that need to be addressed.
These information gaps will be answered by reading this article. You will understand more about the 5 most common topics in the MBA subjects list, and know more about their respective purposes.
1. Financial Management
One of the basic subjects you need to learn when pursuing an MBA degree is financial management. You need to discover more about budgeting company resources, and know how to efficiently manage the funds entrusted to you. In this course, you will learn the financial ratios that measure profitability, liquidity and efficiency. You will also gain a grasp of the idea of using debt ratios, market ratios and capital budgeting ratios through financial management.
2. Human Resource Management
In this MBA subject, you will learn how to manage a team and the workforce of the business organization as a whole. You will have a deeper understanding on the current labor policies that protect the welfare of the workers and of the company. Human resource management can also help in increasing the chances of employee recruitment and employee retention.
3. Customer Relationship Management
No business can survive the competitive market without efficient and effective customer relationship management. You will learn how to foster brand loyalty from your existing customers with the help of this MBA course. You will also learn more strategies on how to attract potential customers and prospective clients into buying your products or subscribing to your service.
4. Marketing Research
It is a requirement to conduct marketing research if you are going to launch a new product or service. This is the reason why it is important to learn exactly how to conduct this kind of research through an MBA program. This particular MBA subject will teach you how to gather data from potential customers and clients that will be later used in the decision-making process.
5. Operations Management
Operations Management is another common topic among MBA subjects lists. It will teach you to address the concerns in business operations such as quality, productivity, capacity as well as the supply chain.
This covers the building blocks of corporate management and organizational context in five components.
International business development
This involves consulting projects for corporate clients and NGOs.
This explores the political and cultural obstacles to improving social, economic and business conditions in a foreign region.
‘Navigating The Future'
This MBA subject will enable you to assess major global trends and their likely consequences for market evolution, business models and stakeholder interests.
Executive leadership skills
This deals with leadership challenges and dilemmas.
Individual learning agendas
These include leadership coaching, focusing on personal development goals and career strategies.
See how the IMD MBA prepares you for the next stage of your career. Download the (NEW) program brochure now.