Most of us are aware that an 'MBA' stands for 'Master of Business Administration' and this is a postgraduate certificate that is awarded when someone successfully completes the stipulated modules and dissertation/project as required by the institution.
What is the purpose of an MBA?
Well, it prepares students for careers in diverse industries. It also assists graduates to switch careers and cover leaps and bounds through educational qualifications. According to recent studies, an MBA is the most sought after post graduate certificate program. But why?
Why do an MBA?
As a person with a business major, there were many options open to me. There are a wide array of universities offering different post graduate business programs. However, an MBA is more attractive because of its versatility; with an MBA degree, I could start my own business, move into managerial positions, become a finance specialist and lots more.
Today, a number of working professionals are looking to advance their careers and take a step forward through the promises of the MBA. However, as aware as I am the above mentioned advantages are the juicy part and the benefits I was seeking when looking to commence my MBA.
What influenced my decision?
Since I had decided to do an MBA, I then had to address the amount of time it would take me to complete my program and start enjoying the perceived benefits of holding this postgraduate degree. I also looked at rankings, reputation, completion rates, fees and a number of more aspects before making my decision. Here, however, we will address the duration of the program.
Which MBA is affected by the number of year to completion...
The number of years it takes to complete an MBA is an integral part of the decision making process but for one particular reason that is I had to pace my re-entry into the job market. How quickly I finished my MBA program then affected my ability to to secure a job in a well reputed institution with a favorable pay package.
The main factors that influence this decision are:
- Background in a business major. Having an international business major, a finance major, business management and administration major, or marketing major, gives you an edge and helps you finish an MBA in record time. However, in 2017, more than half of the MBA applicants had non-business undergraduate degrees, according to Graduate Management Admission Council. Therefore, having a business major is not necessary to be accepted for MBA, but it is definitely essential to complete in good time.
- Another factor that determines how many years it takes you to complete an MBA is whether you enroll for executive or part time MBA programs. Those who have jobs they are not keen on leaving might opt for part time programs. But when considering that it often takes longer to complete an MBA program when doing part-time, you can be thrown into a dilemma. The tradition duration for a full-time MBA is one year, but part-time MBA's range from 2 to 3 years. However, one could have an accelerated MBA program with workshops and achieve a degree in 18 months.
It is not always practical to take a break and complete a full time MBA within a year. The solution to staying at your job and attaining an MBA degree is to consider an MBA distance education in Dubai program. This type of program has a virtual mode of delivery and can be taken from anywhere in the world. There are several distance learning MBA options around the world, available to anyone who wants to change careers or move into a management positions. Top universities in the world such as Edinburgh Napier University, Aston Business School, University of Leicester, Manchester Business School. Cardiff Metropolitan University, University of Northampton and others, have a MBA distance education in Dubai.
Therefore, how many years to completion of an MBA varies from one to three years, depending whether you are doing full-time, executive or part-time, whether you have a background in business, or whether you opt for distance learning.