| The Master of Business Administration is a | | | | USA more than 90,000 MBAs graduate, and in the UK |
| postgraduate that is internationally recognized as a | | | | more than 10,000 graduate each year. This makes the |
| business management qualification. But it is more than | | | | United Kingdom the highest producer of MBAs outside |
| an academic degree. A good mba is preparation for | | | | the USA. |
| business management involving a combination of | | | | Differences in MBA courses around the world are |
| practical training and theoretical learning. | | | | many. For instance, in the USA, the courses are |
| The MBA has a unique result-focused and | | | | generally two years in length, but the majority of |
| interdisciplinary approach, which makes it popular | | | | courses in Europe take twelve months to complete, |
| among the worldwide business establishment. It is not | | | | although that varies from 10 months to two years. |
| seen as just a degree, it is more of a lifestyle and a | | | | There are thousands of universities and colleges all |
| philosophy. | | | | over the world that offer the MBA at the moment. |
| Some people, particularly those tasked with recruiting | | | | Lifestyles are changing and globalisation is increasing, |
| for companies in the UK, seem to lump the MBA with | | | | which means that these schools have to offer more |
| other academic degrees. The MBA is actually a | | | | flexible learning methods. For instance, you can study |
| generic program allowing for a high amount of flexibility. | | | | full-time where you take that time off work to go into |
| The core component of the MBA features courses in | | | | business school every day. Part-time courses allow |
| finance, economics, accounting, marketing, | | | | you to work full-time whilst taking your MBA course |
| organizational behaviour, operational management | | | | either in the evenings or over weekend modules. Even |
| (logistics), business law, information management and | | | | though these can take up to five years it does mean |
| technology and human resource management | | | | your life is busier as you are working full time in addition |
| amongst others. | | | | to lectures and coursework. Then there is distance |
| The elective component of the course allows students | | | | learning - which can be done through CD-Roms, |
| the freedom to select the courses that particularly | | | | printed materials and even fully online - whichever way |
| interest them. Thus you have the core courses to | | | | suits you the most. Whatever type of course deliver |
| address the needs of every manager then the | | | | you are looking for, the right programme is out there. |
| elective courses that address the individual's | | | | You can even get your MBA with your employer as |
| professional needs. Different programs offer different | | | | they offer the course as part of their internal career |
| electives, but you should find that each course would | | | | development programme. Strong alliances have been |
| focus either on a particular aspect of business | | | | developed with management colleges and business |
| administration, or a region in the world, or a particular | | | | schools so that top talent can be developed and |
| industry. Thus a student may be choosing from | | | | retained. |
| e-commerce, entrepreneurship, business in Europe, | | | | However, there is a massive diversity in quality |
| derivatives, business and the environment, and many | | | | between programmes, you need to make the right |
| others. | | | | choice to ensure that your time and your money is not |
| An MBA course sees students coming from different | | | | wasted. This is why you must take the time to |
| cultural and professional backgrounds coming together | | | | research MBA courses as much as possible. |
| to share experiences and expertise in a highly | | | | Employers do care where you got your MBA from, so |
| stimulating learning environment. | | | | make sure the school is accredited (AMBA, EQUIS, |
| What is an MBA course? A passport to a successful | | | | AACSB) and ask around to ascertain their reputation. |
| management career, the Master of Business | | | | Get it right and it is the perfect avenue to making more |
| Administration (MBA) degree is the most popular | | | | money |
| postgraduate degree in the world. Each year in the | | | | Interested in this subject? |