Choosing a business management program is an important decision for any person. Deciding to pursue an MBA course is based not only on cost factor, but also requires proper analysis of other important factors like career prospects, earning potential and career goal.
Nowadays, maximum corporate recruiters prefer MBA graduates for various job roles. Similarly, several sectors and employers such as government organizations and financial services continue to give emphasis on hiring candidates with an MBA degree. In other words, MBAs are recruited for key reasons:
- An MBA degree provided by a reputed B-school is considered as a reliable source of skilled and pre-screened professional.
- Team-oriented, and case-based study offered to MBA graduates make them easily understand the work culture of the corporate world.
- Analytical skills, business acumen and problem solving skills equip employers with excellent human resource
However, in today’s highly competitive market, an MBA degree alone cannot ensure success in your career. With higher expectations for skills in different job roles, employers even mostly prefer MBA graduates with capabilities to demonstrate certain proven skills apart from the knowledge gain during an MBA program.
Hence, it is important to understand your career goals and choose a suitable MBA course. There is a wide array of MBA courses available that vary from specialized courses to general MBA. One needs to choose from various courses such as Executive MBA, Part-time MBA, Full-time MBA, 1-Year MBA, 2-Year MBA, and Online MBA.
Choosing any one of the programs must depend on your requirement and career plans.For instance, Executive MBA is mainly for working professionals at more senior level, while distance learning may suit to those who do not want to relocate to the city of your preferred college.
Here we highlight some most sought after MBA programs:
Two-Year MBA Program: This type of business management course takes up two years to complete the program. It is most suitable for students who are not working and are fresh graduates. Such program allows students to develop skills in any area of their interest such as finance, marketing, human resource and operations.
One-Year MBA Program: This type of program lasts for around 11-16 months and includes strict guidelines (work history & educational qualification) for admission. It allows a candidate to earn an MBA degree in half of the time and is mostly taken up by candidates who wish to advance their current career path by specializing in that field of study.
Online MBA Programs: With online MBA programs, it has become more convenient for students to pursue education from institutions that are far beyond their reach. This is the reasons for the increasing popularity of online and distance MBA courses. These courses are flexible, cost-effective, less time taking and well-recognized by employers. The admission to these courses mainly depends on the B-school you choose to pursue a business course.
Part-Time MBA Programs: Part-time MBA courses are designed for working professionals. Since classes in part-time programs are mainly scheduled in evening to meet the requirements of the working people, these are highly preferred by those who want to continue their job with studies.Part-time MBA courses can be completed in 2-3 years, but can be extended up to 5 years also.
Executive MBA Programs: Executive MBA (EMBA) program is best suited to upper level managers who have minimum five years of work experience. Those who already hold an expertise in a particular field and needs to develop additional skills to find better career growth can take up Executive MBA programs. This degree can be awarded in two or even less years and helps a candidate to develop excellent understanding of general management.
So, evaluate each and every MBA program available before you choose to invest your time and money in it!
Author : Swati Srivastava
Swati Srivastava is an avid writer and blogger who loves to share her knowledge and ideas on a wide range of topics related to career and education. With an experience of over five years in the field of writing, her articles are published on several reputed education websites.
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