Business schools increasingly recognise that today’s global companies require managers with a broader outlook. They have therefore made great efforts to internationalise their MBA programmes - by attracting overseas students, employing faculty members with overseas experience, and forming effective links with business schools throughout Europe. Many schools, particularly on the Continent, offer bilingual MBAs.
There are a number of ways in which to take an MBA, including full-time, part-time, modular and distance learning. Full-time programmes are usually a year in duration, while part-time programmes last on average two to three years,
Distance learning is the fastest-growing mode of MBA study, with more than 10,000 students registered in the UK alone. As with part-time study, distance learning offers students the chance to integrate studies with whatsApp number database employment. Is it all worth it from a career point of view? The sounds of the backlash from an older and less go-ahead generation of managers are dying down, as they are gradually being replaced by a growing generation of MBAs. The most telling verdict comes from the large numbers of bright managers in both the private and public sectors, because if the future of business is as organizations promoting learning and knowledge - and it is impossible to envisage any other - then the MBA qualification must be the keystone of that structure.
The reputation of the institution from which the MBA is gained is crucial. Employers do not simply ask whether an applicant has an MBA - they also want to know where it was studied. A prospective student needs to consider a range of factors, including the size and culture of the School, programme content, quality of faculty and student body, facilities and location. This is where the Association of MBAs comes in.
The Association of MBAs’ initiative has two main objectives: firstly, a belief in the need for some kind of pressure group to promote the idea of management education. The second is purely social: to extend to the members continuing social contact, informal networking and exchanges of information through periodic workshops and member’s meetings. Membership of the Association has now exceeded 10,500, and includes senior executives and directors from some of the world’s leading industries. The Association has now been joined by a third objective: that of quality control of MBA-awarding bodies through a system of accreditation. One of the Association’s roles is to act as a clearing house for intending MBAs. The most valuable service of the Association is its Business School Loan Scheme. Between 1986 and 1990 the Association endorsed loans for MBA students totalling £6.25 million. Since 1990 they have endorsed loans in excess of £150 million.
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