Does specialization in MBA degree including IIM and IIFT depends on 1st year performance?

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Dear All, I want to do MBA finance, I heard that in some colleges including IIM the specialization offered on 1st year performance, I feared if in any case i did not perform well in my first year i can not choose specialization of my interes...
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hello , i would like to know , that only engineers and it background people can go for operations and it specializations? or people from commerce background can also go for operations and it/systems?

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