More about Full-time MBA
The Full- Time MBA – An education for leaders
The MBA, or Masters of Business Administration, is a highly sought- after and respected education in the business community. As a symbol of competence and achievement, it is effectively a marker for success and promise.
With the United States as its birthplace, the MBA has consistently gained ground throughout North America, Europe and the remaining reaches of the globe to become the most popular postgraduate degree worldwide. It is highly immersive and analytical in nature and places a large focus on the network building skills which are crucial to business success and expansion.
Benefits of a Full-time MBA
A full-time MBA is largely designed to meet the needs of each candidate. With a multitude of specialisations to choose from, there is an MBA for every segment of business. Common specialisations include General Management, International Management, Coporate Social Responsibility, Entrepreneurship, Finance, Operations Management and more. Beyond the core curriculum and niched elective courses, the student body plays and significant role in the process and outcome of an MBA. This network of contacts serves as a database for professional knowledge sharing in professional expertise and experiential knowledge. Further, the alumni network acquired from an MBA is usually a great source for professional opportunity in the future.
The Range of MBAs
Full-time MBAs usually range in 12-24 months in duration. Principally, there are no variations of the full-time MBA – the standard MBA and an accelerated fast track MBA. While the typical full-time MBA requires 18-24 months of study, an accelerated programme can be completed in 12 months. Between these two programs, the main difference is the delivery of knowledge rather than the programme’s content itself. Delegates of accelerated programmes will likely work on a thesis throughout the 12 month period while simultaneously studying their core courses. In the case of the standard MBA, final modules are reserved exclusively for thesis work.
Admissions Requirements
Full-time MBA programmes vary significantly in format, specialisation and admissions requirements. As a general rule, MBA programmes will require that candidates hold an undergraduate degree from a recognized university or equivalent, considerable academic merit, GMAT or GRE scores and letters of recommendation from professional or academic sources. The range and standards of the previous criteria typically vary depending on university standards,programme difficulty and prestige. Traditionally, professional managerial experience has been a standard of MBA admissions. However, recent trends in admissions have allowed for exceptional candidates to enroll without meeting certain criteria.
Accrediting Bodies
With the time and financial commitments of an MBA, choosing an MBA is a process which requires careful consideration. A common marker of quality for MBA programs is an accreditation. Currently, global accreditations are dominated by three core bodies: AMBA, AACSB and EQUIS. While some universities seek out a prestigious triple-accreditation from all three bodies, all accreditations can stand alone as an internationally recognised seal of quality. Further, each accrediting body focuses on varying aspects of educational quality. Thus, prospective candidates should do their research in terms of which qualities are more important to them and which accrediting bodies correspond to those qualities.
