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MBA v Business Masters What’s the difference?

MBA v Business Masters What’s the difference?. Martin Maule International Office. MBA. One of the world’s most popular postgraduate qualifications Over 180 Accredited courses Over 70 countries Began in USA in 1900s, came to Europe in 1960s UK Over 100 MBA programmes (not all accredited)

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MBA v Business Masters What’s the difference?

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  1. MBA v Business MastersWhat’s the difference? Martin Maule International Office

  2. MBA • One of the world’s most popular postgraduate qualifications • Over 180 Accredited courses • Over 70 countries • Began in USA in 1900s, came to Europe in 1960s • UK Over 100 MBA programmes (not all accredited) • General management degree, but can specialise • US model v European model • Also executive, part time, distance learning, consortium, modular etc. versions

  3. Masters - MSc & MA • Popular with recent graduates MSc Finance MSc Shipping Trade and Finance MSc Accounting & Finance MSc Actuarial Science MSc Management MSc Supply Chain Trade & Finance MSc Real Estate Finance MSc Energy Trade & Finance MSc Many Other Specialisms………..

  4. MBA – Student Profile • Average age around 26 – 27+ • Average postgraduate work experience 7 years • (AMBA accredited Schools require a minimum of 3 years) • Motivation for studying an MBA • change of career • boost promotion prospects, MBA used as a springboard to enter senior managerial positions • gain a business qualification to complement technical skills

  5. Masters – Student Profile • Younger age group, usually 21 – 25 years old • Many straight from UG • Maybe looking for a business degree to complement their previous UG studies in another area • Or to specialise, e.g. going from a Bachelors in Business to a Masters in Marketing • Diverse nationalities • In 2010 students from 135 different countries on PG business studies, management studies or finance in the UK*

  6. MBA – Course Characteristics • Core Subjects • Strategy • Finance • Management • Knowledge & policy • Strategy & Business Projects • Range of Electives including Entrepreneurship, Marketing & International Business • Group work – learning occurs from high-calibre peer group and academics with relevant industry expertise • International element, study visits, international electives etc. • MBA networking events • MBA level careers after graduation

  7. Masters – Course Characteristics • Builds upon a Bachelors degree • Intensive one year programme • Tailored for specific future career • Adds an international perspective to students’ education • More affordable for recent graduates (though there is a wide range of prices) • Group work, expect to be part of a very international group • Research based Masters (MPhil) also available, possible preparation for a PhD

  8. Choosing a School • Accreditations • Entry requirements – work experience, English levels • Rankings • School’s academic focus, marketing, finance organisationalbehaviour etc • Recommendations of past students – v. important • School’s reputation with employers • Employability of graduates

  9. Further Information • Association of MBAs (AMBA) www.mbaworld.com • British Council www.educationuk.org • Prospects www.prospects.ac.uk • EQUIS www.efmd.org • Studylink www.studylink.com

  10. Contact Details City University London Northampton Square London EC1V 0HB Tel: 0207 040 8019 Fax: 0207 040 8322 Web: www.city.ac.uk Email: mm@city.ac.uk

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