MBA - It is more than a degree

by Derek Miller

The Master of Business Administration is a postgraduate that is internationally recognized as a business management qualification. But it is more than an academic degree. A good mba is preparation for business management involving a combination of practical training and theoretical learning. The MBA has a unique result-focused and interdisciplinary approach, which makes it popular among the worldwide business establishment. It is not seen as just a degree, it is more of a lifestyle and a philosophy. Some people, particularly those tasked with recruiting for companies in the UK, seem to lump the MBA with other academic degrees. The MBA is actually a generic program allowing for a high amount of flexibility. The core component of the MBA features courses in finance, economics, accounting, marketing, organizational behaviour, operational management (logistics), business law, information management and technology and human resource management amongst others.

The elective component of the course allows students the freedom to select the courses that particularly interest them. Thus you have the core courses to address the needs of every manager then the elective courses that address the individual's professional needs. Different programs offer different electives, but you should find that each course would focus either on a particular aspect of business administration, or a region in the world, or a particular industry. Thus a student may be choosing from e-commerce, entrepreneurship, business in Europe, derivatives, business and the environment, and many others.

An MBA course sees students coming from different cultural and professional backgrounds coming together to share experiences and expertise in a highly stimulating learning environment. What is an MBA course? A passport to a successful management career, the Master of Business Administration (MBA) degree is the most popular postgraduate degree in the world. Each year in the USA more than 90,000 MBAs graduate, and in the UK more than 10,000 graduate each year. This makes the United Kingdom the highest producer of MBAs outside the USA.

Differences in MBA courses around the world are many. For instance, in the USA, the courses are generally two years in length, but the majority of courses in Europe take twelve months to complete, although that varies from 10 months to two years. There are thousands of universities and colleges all over the world that offer the MBA at the moment. Lifestyles are changing and globalisation is increasing, which means that these schools have to offer more flexible learning methods. For instance, you can study full-time where you take that time off work to go into business school every day. Part-time courses allow you to work full-time whilst taking your MBA course either in the evenings or over weekend modules. Even though these can take up to five years it does mean your life is busier as you are working full time in addition to lectures and coursework. Then there is distance learning - which can be done through CD-Roms, printed materials and even fully online - whichever way suits you the most. Whatever type of course deliver you are looking for, the right programme is out there. You can even get your MBA with your employer as they offer the course as part of their internal career development programme. Strong alliances have been developed with management colleges and business schools so that top talent can be developed and retained. However, there is a massive diversity in quality between programmes, you need to make the right choice to ensure that your time and your money is not wasted. This is why you must take the time to research MBA courses as much as possible. Employers do care where you got your MBA from, so make sure the school is accredited (AMBA, EQUIS, AACSB) and ask around to ascertain their reputation. Get it right and it is the perfect avenue to making more money

Source: www.GoArticles.com