Have you ever been confronted with the question "Why MBA" in your MBA applications or job interviews? For some, an MBA seems like the next logical step to advancing their career in today's competitive business world. Others, however, may still be searching for the purpose behind an MBA experience. In fact, you should plan before enrolling in an MBA school because doing so without a clear goal can seem like a waste of time, money and effort. But what if there is an opportunity to earn an MBA qualification in less than two years at the benefit of your existing qualifications? Does this pique your interest in an MBA program? Then let me shower some ideas on this!
An MBA is recognised worldwide as a leading management qualification for those with entrepreneurial aspirations or who want to work in a managerial capacity, such as senior managers and executives. With an MBA degree, you will have the knowledge, skills and ethics necessary to navigate the business world. This opens the doors to unlimited career opportunities, good earning potential and the chance to build professional contacts. Moreover, MBA is very popular in the UK and provides a huge market for MBA professionals. So it is undoubtedly a field that offers a rewarding future.
What are the benefits of studying for an MBA?
An MBA degree can help you develop the leadership skills needed to succeed in a business. It will also improve your marketability as a professional and equip you with a wealth of information to bring to the table. The benefits of an MBA program are numerous:
Improved communication skills: As an MBA professional, you will need to communicate concepts to different people at different levels of the organisation. Effective communicators can influence and keep everyone on track while working towards a common goal.
Increases job prospects: An MBA can benefit any industry, from the small to the large. In a fast- growing business world, employers are looking for candidates with relevant skills in finance and marketing who can help their company increase profits. With an advanced MBA qualification, you can stand out in the highly competitive job market.
Build professional networks: By earning an MBA, you become part of a broader community. This includes HR professionals, old-school business people, new entrepreneurs, and CEOs. As part of the programme, you will interact with future business leaders and budding entrepreneurs. They could be ideal business partners or experts who will give you exceptional recommendations. In addition, a career in this field gives you greater awareness of the global market and puts you in contact with professionals around the world who have work experience and perspectives on the global economy.
Higher salary: The earning potential of an MBA graduate is good enough in certain industries like investment banking, IT Management, Marketing and Sales Management, Healthcare Management, and Financial Management.
Develops advanced business skills: The qualification develops your knowledge and skills concerning various operations in the business world. You need to take note of changes in the business field and adapt to the evolving business environment.
How can you pursue a career in MBA?
MBAs are a Masters- level qualification, and you can do an MBA after earning a bachelor's degree in any field. Generally, universities in the UK prefer three years of practical business experience before you apply. However, there is also the option to do an MBA without having three years of work experience. You can learn the basics of business communications and management skills and take an entry-level or middle-management position.
When choosing your MBA program, you must consider your career goals and circumstances. If you want to pursue an MBA degree, you may consider the following:
- General MBA (undertaken after three years of business experience for those who want to expand their knowledge and skills).
- Executive MBA (for business people with ten years of experience (senior managers) who want to improve their career and salary)
- Specialist MBA (for specialisation in a particular area of business) Most MBAs today are offered as online or part-time and full-time programs. For those currently employed and who want to keep their job while pursuing their master's, an MBA can offer this level of flexibility.
Based on your experience and preferred specialisations, you can plan and direct your career path accordingly.
The MBA Top-up accelerates the process of pursuing an MBA by topping up an existing qualification like a postgraduate diploma in Management or Business subject to an MBA. The advantage of this program is that credits earned from your previous diploma in Management/business are credited, and you only need to complete the remaining credits to earn a full MBA. This means a 2-year MBA program can be completed in one year in an MBA top-up program.
At SBTL, we offer learners who have completed or are planning to complete the CMI Level 7 Diploma in Strategic Management and Leadership the opportunity to gain an MBA at Anglia Ruskin University. As there is no direct route to the MBA top-up program at Anglia Ruskin University after the CMI Diploma, we have introduced a bridge module in Strategic Leadership and Organisational Transformation. The entire program can be completed in 12-15 months.
Through a Diploma in Strategic Management, you will acquire skills and techniques in Strategic Management and be able to work as a Strategic Manager in your workplace. Credits gained with the Level 7 Diploma in Management can be transferred to any other university or awarding body.
Who is the course aimed at?
The CMI Level 7 Diploma plus ARU MBA Top-up is intended for learners with three years of experience in middle management or two years of senior management responsibility. They should also be able to complete the Level 7 Diploma in Strategic Management. This is the best opportunity for those who cannot spend two years on an MBA.
An advanced degree like an MBA is always an asset in any industry. What makes it so popular is its global recognition and flexibility to transform careers in a whole new industry. The qualification allows you to work in a different country or region in more lucrative industries. An MBA graduate from a reputable business school develops skills such as business intelligence, negotiation, public speaking, and business analytics that give them an upper hand with hiring managers. In addition, an MBA demonstrates mastery of a particular area or sector, such as finance, management, business consultation, human resources, IT, etc. These fields offer a wide range of career opportunities, from finance roles to management consultants to analysts. Or you can acquire the knowledge and skills necessary to develop and operate your own business while contributing to the economic development of your country.
Is it globally recognised?
The CMI plus MBA Top-up is offered by the School of Business & Technology London and awarded by ARU and CMI, with CMI being the only chartered professional certification body committed to providing the highest standards in management and leadership excellence. CMI's qualifications are aimed at managers and leaders at all levels. More than 100,000 managers use CMI's unique services every day. It remains the only awarding body which can award Chartered Manager status - the ultimate management accolade. The qualifications awarded by CMI are globally recognised and can boost your career prospects.
School of Business & Technology London is dedicated to offering professional diploma courses in various disciplines via blended and online learning. The qualifications offered at SBTL are internationally recognised and accredited by leading Ofqual.gov.uk regulated awarding bodies such as CMI, QUALIFI, British Computer Society (BCS), OTHM, ILM (City & Guilds) and TQUK. SBTL strives to provide quality education and transform students & skills, knowledge, and abilities to increase their employability in a fast-paced business world.