Views of the publication: 81
It’s common for every high school graduate not to know which course to take. In today’s dynamic job market, a degree that allows you to secure a job is most preferred. Among these diplomas that guarantee employment, BBA is definitely at the top.
BBA is a 3-year full-time undergraduate study program in management. It develops management skills and prepares you for all entry-level business roles. Few other undergraduate programs can boast of similar outlook to the BBA.
Just like the MBA, there are also specialization courses at the BBA level. In addition to the conventional HR, Marketing and Finance specializations, several new and dynamic specializations have also emerged. It is clearly a dynamic field with many possibilities.
Without further ado, let’s take a look at some of the new specializations available to BBA aspirants.
New specializations after BBA
- BBA in international trade
International Business is a specialization that develops the skills required to be successful in a multinational business environment. The operations of most businesses are going global every day. Many foreign companies are also entering Indian markets on a regular basis.
Professionals with knowledge of best practices in international business operations are invaluable in this environment. Usually, the specialization in international business involves studying in different places abroad. Exposure to global industry is the key criteria here.
Using data to make better business decisions is a trend that will soon become the industry standard. BBA in Data Analytics gives you the skills to use data in business. It is a thriving industry and there are many employment opportunities for new graduates.
However, it should be remembered that few colleges offer this degree and admission can be quite competitive. The course fees for this course are usually high, but looking back, the rewards will be just as good as well. This is an emerging field, and now is not the perfect time to jump on the bandwagon.
- BBA in real estate and urban infrastructure
One of the hottest commodities in India today is urban land. Companies that deal in real estate have experienced a steady growth curve over the past 10 to 15 years. A BBA in real estate and urban infrastructure is a course that deals with this booming market space.
After obtaining this diploma, your professional transition to the real estate industry will be smooth. There are plenty of job opportunities for new graduates in this industry and with a specialized degree you can spot them right away. Obviously, this degree is unlike any other when it comes to a good CTC.
How to finance your BBA
It’s easy to dream of a BBA degree, but funding it can be quite a task. Especially for those students who don’t have access to it, the lack of funding options means they have to give up on the dream.
However, you don’t always need to pay the course fees up front. There are other ways to do this, and we have discussed them in the following subsections.
Pay after placement
Pay after placement is a new and innovative technique adopted by advanced BBA colleges to make degrees more accessible. Here you pay an initial registration fee to start your course. For the next three, you pay nothing and complete the course in complete financial independence.
After completing the course, the college will guarantee your placement. Once you find a job, you will need to pay the remainder of the course fees in monthly installments over a 12-month period. In addition, in remuneration after placement, the total course fees that you pay at the end will be moderate according to the salary you receive.
Taking a bank loan is a common way to finance your BBA degree in India. All of the major banks offer student loans, and as long as you have the security, the process is hassle-free. The interest rates on bank loans can be between 6 and 7% per annum.
Most of the students prefer not to take out bank loans due to their huge interest rates. In addition, unlike payment after placement, you must start repaying the bank immediately after the start of the course. This causes financial vision and prevents focusing on education and industry experience.