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Increased recognition based on the reputation of the school
Let's start with the obvious. Those with MBAs make more money. At least, they make more money in the beginning. In nearly every sector of the globe, the prospect of making more money and living a better economic life draws thousands of students to MBA programs. In an age where the modern employee is very transitory, often changing jobs every three to five years, today's employers, instead of investing in expensive in-house training for employees who may not stay, have also turned to the ranks of MBA programs to find the best talent available. While such demand has made the business of education quite profitable, it has also changed the nature of the MBA educational experience.
In order to keep pace, MBA programs have supplemented a core of business courses, with a growing number of electives, concentrations and areas in which the MBA student can specialize. In like fashion, MBA programs have worked vigorously to make certain that the make-up of their student bodies are as diverse as the global economy in which the MBA graduate must work. Finally, MBA programs have done much to make certain that the case studies that comprise a great portion of the classroom pedagogical experience reflects what is happening in the marketplace. These qualities make the MBA one of the best investments a person can make.
Because the MBA acts like a magnet attracting talented people from every sector of society, it should come as no surprise that the MBA educational experience provides each MBA student with a tremendous opportunity to network. Such networking is not limited to fellow students, but includes internship opportunities, drawing upon a highly qualified faculty, and connecting to the school's vast alumni ranks. These qualities make the fabric of the MBA experience a good and comfortable fit for almost anyone.
It is reassuring to know that MBA programs come in all shapes and sizes. There is no "one size fits all." MBA programs are not only as diverse as automobiles, but they can be experienced in more ways than one might imagine. From the traditional format of taking two years off from what you are doing to the modern format of doing your MBA at night, on weekends or over the Internet, there is no obstacle that can truly prevent you from pursuing an MBA. Even financing your MBA is no longer the barrier it once was. Many MBA programs are quite affordable, and those that are not often have generous scholarship and easy payment plans. These qualities underscore that there has never been a better window of opportunity to pursue your MBA.
Mighty forces have converged, and the stars have aligned in your favor. You are living in the best time, at the right moment, and you are reading the right publication to introduce you to the world of business education. Your MBA awaits you.
The MBA is a challenging study program for the following reasons:
There is a great deal of interesting material to absorb
An intense study format and
An experienced and international body of motivated MBA students
The MBA Studies format is demanding whether you choose full time or part time. A solid preparation to each class session and class participation are strategically important as amazing amount of material is covered during each day. Teaching sessions are extremely interactive; the diversified work experience and creativity are highly valued during in-class discussions. Professional and active attitude are expected as well within teamwork sessions. For the same reasons the MBA Programme is hands-on and well in touch with the real business world. All these add to the value and quality of the Programme. And this is why it is important to try to grab the experience others are offering; equally crucial is to forward your work experience to others. Your time spent at an MBA School will become your competitive advantage strategically and in financial terms, sooner or later.
During the MBA Studies you and your colleagues form bonds that will most probably stay forever, the outcome being, on top of everything else: "speaking the same language". This network will be fruitful throughout your working life and beyond, and often you will find your colleagues from the least expected corners of the world.
I must admit that I have only been able to fully appreciate the advantages of my MBA Studies years after my graduation; after various jobs and positions held I could fully put into practice what I had learned. I also often received help and given a helping hand to many of my MBA ex-colleagues.
Your motivation is the professional business environment, the speed with which you absorb new things, and the creativity surrounding you. If you choose the innovative school that follows the needs of the market with respect to effective business operations (for example e-commerce, telecommunications), you will learn even more and really feel at the top of the technological developments.
Anyway, what you really learn during your MBA studies is time management and prioritizing. What you should know already before coming to study an MBA, is that quality is strategically important in business life and beyond.
Reasons for doing MBA
There are many reasons to go back to school and acquire your MBA. Many people can't figure out why others want to submit themselves to that kind of pressure and stress. There are people who want to get ahead, and they know that obtaining their MBA is just another stepping stone in that process. An MBA will show your future employer that you had the drive to go all the way and not stop at the first fork of indecision. These degrees help many people move into more desirable or higher paying career. They will also get a great deal of personal satisfaction after they finished the course.
Here are 10 great reasons to do an MBA:
After obtaining your MBA, you will discover the self-confidence that you never knew you had. You will be able to go into stressful situations and solve the problems right then and there. This takes some practice and some patience in viewing all the information presented.
The ability to earn more money than you are presently making in your current job is a big influence on many students. The typical graduate of college makes around $50,000 a year. After obtaining your MBA, you will get an increase of up to 50% making your annual salary around $75,000. You can also expect your earning wages go up to $23 to $40 dollars and hour.
Check with your company's human resource department. Some companies will pay to send you to school to get advanced degrees because it also will help them in the process. They pay for your degree and then you work for them for so many years, and they get to use your expertise and knowledge. It is a win-win situation for both parties.
If you are tired of you current position, this may be a way to get out there and start earning more money and get a new job in the process. An MBA can give you plenty of opportunities to get the best jobs at the best companies. So don't give up until you reach your goal of getting that degree.
The best way to advance your career is to show the people you work for that you are really interested in learning more about the job and the business you are in currently. This will give them reason to say yes when you go to them for help paying for classes or taking them toward your MBA degree.
If you are starting from the ground floor and opening a business of your own, that MBA degree will e in very handy. While obtaining an MBA, you will learn to plan for a business and acquire capital funds for your venture. The statistics show that people who have an MBA do 50% better than those who don't. Their businesses flourish, while those without an MBA have trouble all along the way.
You will quickly become known as a leader in your field. You will have the education and an MBA degree to back you up. Many people will know your qualifications and credentials when they come to you about a promotion or raise. You will being making your own mark in the business community.
An MBA will also place you on the fast track to that top spot career you have been wanting. You get to develop your business knowledge, apply your own ethics and morals, and make the hard decisions that come with any high paying CEO or President position. People will look to you for answers to many problems.
The job security that comes with having an MBA is much better than those jobs that don't require one. You have not only your work experience to assist you every day, but you also have the knowledge that the MBA course work gave you as well. This will give you much to fall back on when you can't figure out a way to solve the problem at hand. Use real world and book ideas for all your solutions.
The last reason to acquire your MBA is the networking. While you are taking classes, get to know your classmates and what they do. Get their information so you can access it in the future. You may need one or more of them to help with a problem you are having at your own corporation. Having someone to call can be a great stress reliever if you can't figure out what to do. They may be able to give you ideas and help
Why Study an MBA?
Choosing to do an MBA involves a significant investment of time and money. It's therefore logical that people want to know the benefits of an MBA in terms of potential earnings in order to assess return on this investment. The increase in salary that comes about from graduating from an accredited MBA programme is an important factor for many people. Our most recent survey of members found that the average MBA salary is £66,500.
A salary increase is by no means the most popular reason for choosing to study an MBA. Our most recent survey of members found that 79% of them choose to study an MBA to improve job opportunities. An MBA can enable a modern manager to identify a range of personal, business and employment opportunities. Our most recent survey of members found that 70% of them were either board directors or senior mangers.
Studying for an MBA provides students with an exceptional platform for networking - and not only with fellow students. Internships and employment placements, working with leading international faculty, and connecting with top business schools' extensive alumni networks are all benefits of studying on an accredited MBA programme.
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An MBA program for those with five or more years of work experience, the Executive MBA will provide you with the personal development, professional skills, and networking to take you up the career ladder. Experts at the QS World Executive MBA Tour have come up with the top five reasons as to why you should consider an EMBA in your career planning - if you are up for the challenge!
1. New skills
The best way to learn something is to 'just do it'! After several years in the work force you'll have a vast array of skills and attributes next to your name. However, after experiencing a range of positions and facing the challenges that many a promotion offers, you may begin to feel slightly stagnant. It is human nature to want to learn, to be excited by situations that put us out of our comfort zone - which is exactly what an EMBA will do.
One of the many benefits of an EMBA is the range of new skills you'll acquire:
â€¢ new management skills and techniques to move towards increased responsibilities
â€¢ strategic thinking, critical analysis, and a 'bigger picture' understanding
â€¢ better communication and team building skills
All skills that will make you the manager your employer is looking for, and the kind of manager your staff will want to learn from.
2. Career development and financial returns
To get straight to the point - these can be significant!
The Executive MBA Council's latest survey results show that 23% of students' salaries rose from US$117,617 to US$144,361 upon completion of the program, while 39% of graduating EMBA participants were expecting a promotion. An impressive 43% actually received a promotion during the program.
Yvonne Winkelmann, 2006 alum of Kellogg School of Management, was able to move into the international arena within her job as a direct result of her EMBA - something she wouldn't have been able to do without the qualification.
Daniel Burns, an Executive MBA student at TUM/HHL is using his EMBA thesis as an opportunity to devise a business plan, which he hopes to develop once he graduates. He wanted skills that would allow him to go off on his own and create a business - which is what the EMBA is providing him with.
3. A different perspective
"I am amazed at how much I learned in the first week alone. It has changed my view on business and the way I look at the world. I'm making some changes to my company as a result. It is one of the best experiences I've ever had - seriously," says IESE Business School's EMBA alumna Ana Paula Reis, General Manager at Selplus.
Ana's experiences are common among many EMBA students. Studying for this executive program will not only provide you with an insight into different managerial and leadership approaches, but also into different business practices. Health professionals, public sector executives, as well as participants from NGOs, SMEs, family-run businesses, women and entrepreneurs are adding to the diversity of today's EMBA classrooms, enriching the cohort experience. The mix of professors, and in particular classmates, allows you to gain a different view on the world, which, in today's global business arena, can only be beneficial.
4. Immediate reward - for you and your employer
The key difference between a full-time MBA and an Executive MBA is the immediate return for you and your employer. As a student, you will walk away from each class with applicable skills and knowledge, as well as a holistic approach to understanding and solving business problems. The following week you can put it all into practice.
For the majority of EMBA participants, the intense schedule is just part of the trade-off that sees them able to earn more and move ahead without interrupting their careers. The nature of the EMBA, which enables you to work and study at the same time, is incredibly relevant particularly in tough economic times. What's taught in the EMBA classroom relates to the current economic climate, ensuring that the skills and knowledge you acquire is not redundant. Professionals and experts from other industry sectors also gain from the general management skills they have reaped from the EMBA experience.
This is one of the most valuable outcomes of your Executive MBA qualification - the international network you will be able to develop. Your fellow classmates that you meet on either a weekly or monthly basis will come from a diverse range of backgrounds - regionally, culturally and professionally. There are very few other places where such a unique group of people converge with the potential to form life-long friendships and, in some cases, business partnerships.
Kellogg-WHU alumni Peirre-Yves Rahari, VP, Head of Shareholder Services, PIMCO Europe Ltd says: "As an alumni, you continue to receive the benefits of the Kellogg alumni network for a lifetime. I feel that the network has really opened doors to me." Such a network will remain with you long after you have completed your EMBA. In fact, the time spent studying for an Executive MBA is simply the beginning. It is also in the years after when you are applying the skills and tapping into your networks, where the real benefits of the executive program lie.
An added bonus: personal challenge!
An Executive MBA is intense; it is a challenge, a test of your personal and professional ability, and at times a struggle. Yet through struggle there is almost always growth and as these top five reasons for studying an EMBA show, it is an experience not to be missed and one that is well worth the challenge.
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Why an MBA
The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.
These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.
An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.
The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.
MBA course has caught the attention of several students in recent times. However, this rush of the learners towards these courses is not really a new scenario in the arena. The increasing demand of the professionals having management capabilities has influenced the enthusiast learners to get enrolled for the programs offered under this discipline. Besides the avid interest that the learners possess and the increasing demand for management professionals in the market, one more factor drives them to register for the courses and that is the attractive salary package that they receive. The increase in number of the students taking interest in this field resulted in the introduction of the distance learning MBA arrangement.
Many career enthusiasts were found to remain out of the reach of regular brick and mortar classroom lessons. The main objective of the process of distance learning MBA is to take those remaining learners into its fold along with the other categories of students who are unable to attend the regular campus classes. Some of the individuals possess immense interest in pursuing their advance studies, but due to certain reasons, they could hardly fulfill their desire. The management programs offered by the distance learning system have served to be really beneficial for these candidates who find it to be a convenient method of availing the MBA course and take their first step towards accomplishing their career goals.
If you examine the job market minutely, you would not even take a second to find out that no other discipline but management can help you reach your desirable position with handsome earning to lead a comfortable and luxurious life without any financial worries in future. The career aspirants who have already suffered from financial crisis during their young age try their level best not to come across such situation again. Pursuing distance learning MBA enables them to stay away from any kind financial troubles. The curriculum that is followed in imparting the lessons on multiple MBA course has been found to be up to the mark and it keeps on updating itself in accordance with the changing market trends.
The career seekers are free to select any of the management branches to go for a full-fledged specialization based on their interested area and eligibility. Some of the most common divisions offered for specialization by the distance learning MBA mode include Human Resources, Sales and Marketing, Finance and Accounting, Systems Management, and others. The individuals who have pursued and passed the MBA course have exhibited outstanding performance in the corporate sector that has enhanced the popularity and reputation of the distance learning system even more.
Lack of face to face interaction between the instructor and learners in the distance learning MBA arrangement makes them capable of tackling the study pressure and communicating with the online instructors and other career pursuers to acquire the relevant skills and traits on management and thereby try to improve their knowledge on different topics. MBA course pursued by the distance learning arrangement not only teaches them to manage corporate issues, but also makes them self-disciplined, independent and efficient in possible respect.
Read more: http://www.articlesbase.com/online-education-articles/distance-learning-mba-offers-convenient-study-platform-for-learners-3070461.html#ixzz0xYS67L5T
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