Key Factors When Selecting an MBA
Entering the big business world of blue-chip companies and aspiring to secure a senior position in corporate environment calls for a comprehensive set of skills and a study program like an MBA. Whether you want to land yourself in the senior management of your dream company or be your own boss, having an MBA can provide you with a wealth of advantages.
However, after you have made the decision to pursue this coveted distinction, one that’s offered by top business schools, there could be several questions bombarding your head leaving you confused, stressed, and agitated. Whether you’re fueled by the passion to start your own business or want to work in local or international settings, where you decide to pursue your MBA Program matters immensely to shape your professional network and influence your professional development.
So, what are a few noteworthy factors to consider when choosing the right MBA program? Read on to find out!
The world we’re living in today moves extremely fast, where if you stop to look around, you’ll probably miss out on the opportunity to own an advanced piece of tech that makes life more convenient. An MBA Program is undoubtedly a great way to prepare yourself to adapt to the fast-paced environment we’re living in today. Therefore, it is important you consider the duration of it to beef up your skills and return to the workforce as soon as possible.
Each MBA program differs with duration. While some are fast-paced programs with roughly 6 hours a day and a short duration, others offer full semesters with a longer duration giving you the opportunity to delve deeper. Ranging from 12 to 20 months and in some cases even 2 or 3 years, the duration of an MBA Program can vary according to the business school and other factors. However, a 1-year program is generally considered superior when the pros and cons are weighed together.
Another significant question to ask is whether the business school in consideration is well accredited. Accreditation organizations assess the quality standards of a business school’s teaching, faculty, services, and students, among other things. It is therefore an important indicator of quality and training. Proper accreditation confirms that a school and its program are certified and trustworthy.
Next in store is the program content. Again, a very important parameter to better understand the pros and cons of the MBA program. Most MBA programs require students to complete the core topics, which tend to be similar across business schools. They cover all the subjects that you need to be familiar with, to successfully run a business or work in a dynamic professional set-up.
The MBA curriculum is continuously updated reflecting industry developments. Therefore, it is vital that you carefully choose a program that is designed to maintain rigor and relevance with improvement of the learning quality as well as personal leadership and career development for a transformational MBA experience. In addition to that, simulation is also a key aspect of a valuable MBA program. Business schools across the globe are beginning to see the potential of online simulations as an effective learning tool that makes the learning process more vibrant and experiential.
Recognized as the only business school in Sri Lanka with two online simulations, the MBA program offered by UWE Bristol at the Bristol institute can be a powerful tool to prepare yourself with to work at a fast paced environment.
Reputation & Recognition
One of the most potentially valuable aspects of a competitive MBA program is the school’s recognition and reputation. While it may seem subjective and not as much as important, it can hold the keys to new doors and can be the springboard to working locally or abroad. A University’s strengths and reputation, as well as the experiences and network it provides, support your career, vision, and post-grad job placement. Highly reputed for migration and employment, The UWE Bristol MBA is the highest ranked UK MBA program in Sri Lanka.
Academic / Teaching Staff
Education becomes effective when the educators do more than just teaching. In addition to giving you, the skills and knowledge required to climb up the stairs in your career, well-experienced and qualified professionals will also instill valuable skills that will prepare you for adult life. Therefore, you should prudently review the teaching faculty to see how much real-world experience they have. After all, if you are going to increase your knowledge and performance after going through an MBA program, that’s only going to happen with the kind of staff that can help you build real-world business skills.
MBA Students face many challenges on their road to securing an attractive senior job placement or turning a passionate business plan into a reality. Hence, an academically sound and recognized MBA Program awarded from a highly ranked university is vital when selecting an MBA program.