IS THE MBA RIGHT FOR ME? |
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MBA students may have technical degrees, liberal arts or traditional professional qualifications. They may be looking to acquire the relevant skills for a move into a management role . Some want to broaden their international business understanding, others are seeking a change of career.
In order to determine if an MBA is right for you, you first need to take an introspective look and answer the following questions:
- Can I manage the workload? (Be prepared to put in around 20 h/week in a distance learning course alone - part time and full time options require an even greater commitment);
- Can I make the personal commitment? (Studying for an MBA is time consuming and will require the full support and understanding of your family and loved ones);
- Is it the right time for me to start an MBA? (Keep in mind that accredited institutions will require you to have 3 to 5 years of previous work experience when you start).
For a better comprehension of all the issues you need to be aware of before and during your study, we highly reccommend that you get a copy of the Official MBA Handbook.
Age and Experience
Across Europe, the average age of the student on a full-time programme is 27, and 34 for those studying part-time or in distance learning. They will have a significant number of years of work experience as middle managers. Although not all MBA students have first degrees, they will have proven academic and management ability. Those without degrees are more common on part-time and distance learning programmes, where up to 25% may be non-graduates.
In investment banking and consultancy, the MBA is often a 'must-have'. In other areas it simply opens new doors and creates new opportunities. Whilst the MBA doesn't offer an automatic passport to promotion, it will help you maximise your chances of career success. Many MBA graduates want to move from a corporate environment into a smaller company. The real entrepreneurs often set up their own business or decide to go it alone.
The length and quality of your experience, together with your personal motivation and preferences will determine the schools you apply to. Competition is strong for entry into the best schools and employers are equally keen to attract the best graduates.
What is an MBA?
How will I benefit from an MBA?
Salary and career benefits
MBA loan scheme
Top ten FAQs
What about rankings?
Accredited MBA Fair 2007
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