Why study an MBA?

Why study an MBA?

Hello, I am Festus by name and you are? Alright, I am pleased to meet you. I am sure just like me at one time, you have gotten to this cross road that will mark a turning point in your life so much as it affects your net worth and network.

And then you begin to ask the very one question asked over by many people in your shoes (hypothetically); WHY STUDY FOR AN MBA?

Just before I start to give you reasons why you should study for an MBA, let’s have an executive summary of what an MBA is really about.

Master in Business Administration (MBA)

MBA is a post graduate program for business professionals to have an all-round view on business management and oversight. 

TYPES OF MBA

-          General MBA

-          Executive MBA

-          Specialist MBA

A minimum of 20hrs a week which could be either online, distance learning programme, full or part time program is expected to be awarded the MBA.

3 years’ experience is required to be admitted to study for an MBA in any business school. However you can study for the Master in Business and Management (MBM) if you lack the required skills.

HOW MUCH DOES IT COST AND HOW TO APPLY

MBA fee range from about £5,000 - £30,000 depending on business school and MBA type you put in for.

Most schools will require you to send your Curriculum Vitae(CV) and statements of results while some others might request that for a Graduate Management Admission Test (GMAT) result.

SO, WHY STUDY FOR AN MBA

1.     An MBA improves your social status in your network and in the labor market.

2.     It increases your network and your salary scale, thereby paying far more than the time and money you might have spent.

3.     An MBA will help you get promotion at work easier than you ever thought possible, making you even more competitive.

4.     An MBA gives you a better understanding of the business world.

5.     An MBA gives you a more confident and professional disposition. You feel a lot more accomplished with better understanding of the business world professionally.

I hope the few listed points will help you make a better and well informed decision to determining the turn you take in your career move.