One of the most frequently asked questions that appears
on TopMBA.com’s online forums, from graduates deciding which move to take next,
is “Should I study an MBA or a Masters degree?” Essentially, an MBA is a ‘post-experience’ qualification
in general management. An MBA usually requires three or more years
of work experience, although it most common for MBA students to
have four to eight years. Executive MBA (EMBA) courses, are targeted
at those with executive experience, usually ten or more years.
Although some business schools offer specialist MBA
courses, the vast majority of MBA courses stress the general nature of education, in order to give students a holistic overview
of how businesses work. As a result, an MBA graduate will emerge from their program
with knowledge of several core subjects including marketing,
strategy, leadership, entrepreneurship, operations, and human
resources.
Results from the QS TopMBA.com Applicant Survey 2009,
have shown that the number of young people interested in a business education
is increasing, especially in the developing economies of Asia. Business schools have responded to this trend, and have
created courses, designed for those with less professional
experience. Masters courses are targeted at immediate graduates and those who
do not necessarily have work experience.
MBA coursest, tend to focus on teamwork, lots of contribution in class, learning from peers and networking
and communication skills. In this sense the professor often takes a hands-off
approach, encouraging students’ debates, guiding them towards
problems rather than providing conclusions. Thus, allowing students to make and
then more importantly, learn from their own mistakes.
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