Sentence:  Many MBA programs now allow students to obtain a <WSD>specialization</WSD> in sport management. This differs from the joint degree programs in that only one degree, an MBA, is awarded (i.e., a separate master&#39;s degree in sport management is not awarded). The MBA with a sport management <WSD>specialization</WSD> should be considered as a second option in lieu of the joint degree. 
Meaning of the word marked with <WSD> tags:  The area in which someone specializes.