If you look at the biographies of many of the world's top managers, you'll discover that many of them have one thing in common - they have an MBA. The MBA (Master of Business Administration) is the gold standard for business degrees. There is a wide variety of business degrees available, including general-purpose ones like Batchelor of Business Administration (BBA) or specialist degrees in areas such as Finance or Human Resources. However, few of these degrees focus on Management, or even have any significant Management content.
Most people who work in business start off in a functional area such as Finance or Human Resources and are later promoted to a management position with little knowledge of what's really involved. At this point they often decide to enrol for an MBA course in order to improve their management skills. However MBAs can also be useful to recent graduates and can reduce the time it takes them to achieve a management post.
The first MBAs appeared in the USA in the late nineteenth century and they remained an American phenomenon for many years. The first European MBAs arrived in the 1940s and course provision in Europe, and especially in the UK, has grown rapidly ever since. Many people regard a European MBA as superior to an American one, as they are perceived as being more rigorous and usually incorporate a dissertation. European MBAs are extremely attractive to overseas students as they give them the opportunity to live and work in Europe before returning to their own country with a valuable qualification and the skills needed to take part in business ventures with European companies.
MBAs are generally offered in a variety of modes, including full-time, part time and distance learning. Distance learning courses were initially paper-based but nowadays they are increasingly delivered online. Courses are available in numerous different locations, but many students like to study in a major European capital like Paris or London. London is often seen as a particularly attractive destination, since it permits students to improve their English while studying for their degree.
An MBA normally covers a variety of areas, including Financial Management, Human Resource Management, Marketing Management, Business Law and Project Management. Some courses are generic, but some allow students to specialise in areas such as Finance, Branding or Human Resource Management. Entrepreneurship is a popular option as it is of immense benefit to students who intend starting their own business.
The dissertation is a crucial component of a European MBA as it allows students to improve their knowledge and experience of a particular business area and to make contacts who will be invaluable in their future business career. The dissertation is normally research based, so most MBA programmes incorporate courses in research methodologies, both quantitative and qualitative, to assist students in carrying out their research.
Anyone contemplating a career in business, or anyone who has just been promoted to a management position should certainly give serious consideration to doing an MBA to improve their management skills and to demonstrate their commitment to building a successful career.
Most people who work in business start off in a functional area such as Finance or Human Resources and are later promoted to a management position with little knowledge of what's really involved. At this point they often decide to enrol for an MBA course in order to improve their management skills. However MBAs can also be useful to recent graduates and can reduce the time it takes them to achieve a management post.
The first MBAs appeared in the USA in the late nineteenth century and they remained an American phenomenon for many years. The first European MBAs arrived in the 1940s and course provision in Europe, and especially in the UK, has grown rapidly ever since. Many people regard a European MBA as superior to an American one, as they are perceived as being more rigorous and usually incorporate a dissertation. European MBAs are extremely attractive to overseas students as they give them the opportunity to live and work in Europe before returning to their own country with a valuable qualification and the skills needed to take part in business ventures with European companies.
MBAs are generally offered in a variety of modes, including full-time, part time and distance learning. Distance learning courses were initially paper-based but nowadays they are increasingly delivered online. Courses are available in numerous different locations, but many students like to study in a major European capital like Paris or London. London is often seen as a particularly attractive destination, since it permits students to improve their English while studying for their degree.
An MBA normally covers a variety of areas, including Financial Management, Human Resource Management, Marketing Management, Business Law and Project Management. Some courses are generic, but some allow students to specialise in areas such as Finance, Branding or Human Resource Management. Entrepreneurship is a popular option as it is of immense benefit to students who intend starting their own business.
The dissertation is a crucial component of a European MBA as it allows students to improve their knowledge and experience of a particular business area and to make contacts who will be invaluable in their future business career. The dissertation is normally research based, so most MBA programmes incorporate courses in research methodologies, both quantitative and qualitative, to assist students in carrying out their research.
Anyone contemplating a career in business, or anyone who has just been promoted to a management position should certainly give serious consideration to doing an MBA to improve their management skills and to demonstrate their commitment to building a successful career.
About the Author:
Peter Brown is Founder and Principal of London Graduate College of Management, a well-known international business school. He is also author of a blog entitled Learn in London. Don't reprint this exact article. Instead, reprint a free unique content version of this same article.
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