Dear Mehta ji,
In most of the colleges (MBA) 1st year is the general course and 2nd year is the specialization (marketing , finance, HR, strategy etc.). So student has the option to understand the basic of these fields.
Each specialization (marketing, finance etc) has own advantages but most important thing is the interest of the student.
Marketing is for the students who are good in handling, communicating and convening people. Marketing people can join any company as every company need marketing people.
Finance is for the people who are good in mathematics as most of the finance is based on statistics. Job opportunities are mostly in financial domain (bank, insurance, financial companies). more and more study is needed in the field.
HR : is for the people who are very good in judging people and assessing the ability as their role is to motivate the people of company for better output.
My advice is first the student should join the course and he should consult with his/her faculties about his/her interest and placement scenario in his/her campus ( in some campus more finance and in some more marketing company visit) then only should choose the specialization that fit into his long term career plan.
thanks
- Dinesh Singh