The market is shifting constantly. When you have one specialization, you may fall into the trap of market hampering your chances as one sector may go down, but at the same time, another one might not.
Opting two specialization helps you get the best of two worlds. You can choose your favourite career path and still use the knowledge of other fields to enhance your work performance.
With new domains and areas coming up, there is a dire need of management professionals across all sectors. Companies need strategist, managers and decision-makers higher in the hierarchy.
In college itself, you get to study with people with different specialization. You make projects and case-studies with different people. During the internship, meeting different people makes your network bigger and stronger.
When you understand different parts of a business, it is easier for you to start your own business. You will be more than ready to tackle the challenges you face in your own business.
It can be applied anywhere. When you are good at one thing. You are confident that you can excel at another. Thats why preparing for two domains and getting cleared through it makes you believe in yourself.
– The reputation and strengths of the business school you attend can influence your specialization choices. Some schools may be known for specific specializations or have stronger connections in certain industries.