MBA Specializations Provided at T20 Business Schools in the US

­15 out of the top 20 business schools provide specialization opportunities. Some may call them concentrations, majors, tracks, or even certificates, but essentially business schools are trying to group a selection of courses into one area of focus, so that interested students can instantly make the best decisions for themselves. Stanford GSB, Harvard Business School, Columbia Business School, Dartmouth College Tuck, and USC Marshall are the 5 schools that don't explicitly provide specializations. Yale SOM only provides a Management Science Major that qualifies as STEM. The Stern School of Business at New York University provides the most specialization opportunities at 29. After that Emory Goizueta and UT McCombs come in second at 23. Wharton, coming in third, provides 20 majors for their students to choose from.

Some schools provide both specializations and certificates; for example, Duke Fuqua provides two certificates, one in Finance and one in Health Sector Management, on top of their ten concentrations. In this case, getting a certificate would require even more time and energy from the students who choose it than a concentration does.

Business schools design specializations by function or by industry, and most of them provide both. Here industry can also mean hot areas where students are likely to get jobs. The top 20 business schools provide a total of 228 specializations, averaging 11.4 each (median at 12.5). 

You can find two interactive charts, one by school and one by major, from here.