MBA – the Most Popular Master Program in the World
June 19, 2009 by MBA Tips and Reviews
Filed under About MBA's
The Master of Business Administration (MBA) is the best known and most popular postgraduate program in the world!
In recent years there has been a big increase in management education, the biggest increase coming in postgraduate courses – particularly the MBA. The primary aims of the MBA are to develop among students the foundation skills and competencies in general management.
Most management education is provided by universities and management or business schools. Almost every university is offering the degree of MBA in a variety of study modes such as full time, part time, distance learning, self study, online or flexible structure.
There are basically two types of MBA, the generalist and the specialist, although the structure is essentially the same for both.
The generalist MBA roughly consists of three parts. The first part gives students grounding in core business skills such as marketing, human resource management, information systems, financial and management accounting, and others. The second part allows students to choose subjects which are of particular interest or relevance to them and focus on these. These subjects of study, known as electives because students elect to study them, will most probably have a bearing on their future careers. The third and final part of the MBA is usually a project which students carry out within a company. This will involve the solving of a particular problem or the management of a project, after which the students must write a dissertation based on their experience.
The specialist MBA has the same course structure; however, it allows students to develop their studies in a more specialized way once they have proceeded beyond the first part of the course and have a solid grounding in the core business skills. Areas of specialism, for instance, could be finance, accounting, human resource management, public administration, marketing, and so on.
For more information on the latest university rankings (Australia, Canada, UK, USA and the world), please visit the Good University Ranking Guide and World Ranking Guide.
Thanks to Loke Yuen Wong for contributing this article to our MBA blog:
In recent years there has been a big increase in management education, the biggest increase coming in postgraduate courses – particularly the MBA. The primary aims of the MBA are to develop among students the foundation skills and competencies in general management.
Most management education is provided by universities and management or business schools. Almost every university is offering the degree of MBA in a variety of study modes such as full time, part time, distance learning, self study, online or flexible structure.
There are basically two types of MBA, the generalist and the specialist, although the structure is essentially the same for both.
The generalist MBA roughly consists of three parts. The first part gives students grounding in core business skills such as marketing, human resource management, information systems, financial and management accounting, and others. The second part allows students to choose subjects which are of particular interest or relevance to them and focus on these. These subjects of study, known as electives because students elect to study them, will most probably have a bearing on their future careers. The third and final part of the MBA is usually a project which students carry out within a company. This will involve the solving of a particular problem or the management of a project, after which the students must write a dissertation based on their experience.
The specialist MBA has the same course structure; however, it allows students to develop their studies in a more specialized way once they have proceeded beyond the first part of the course and have a solid grounding in the core business skills. Areas of specialism, for instance, could be finance, accounting, human resource management, public administration, marketing, and so on.
For more information on the latest university rankings (Australia, Canada, UK, USA and the world), please visit the Good University Ranking Guide and World Ranking Guide.
Thanks to Loke Yuen Wong for contributing this article to our MBA blog:
The author, LY Wong, holds an MBA from Heriot-Watt University (UK) and a BCom degree from The University of Adelaide (Australia). Other qualifications include the Postgraduate Diploma in Bus. Administration, Diploma in Instructor Skills, Diploma in Inferential Statistics, Group Diploma in Accounting, Group Diploma in Management Accounting, ACCA CertIFR, Pre-Cert (ES) TESOL, Certificate in Managing Performance, Certificate in Book-keeping & Accounts and English for Commerce.
How to Select a Good Gmat Prep Course Online
May 30, 2009 by MBA Tips and Reviews
Filed under GMAT & Business Schools
GMAT or Graduate Management Admission Test is a prerequisite for admission to any prestigious business school. With increasing number of applications received by top business schools, the only way to ensure admission is to secure a high GMAT score. Therefore, whether you are taking the GMAT test for the first time or trying to raise your previous score, it is recommended that you join a GMAT Prep course.
Before you join a course, it is important to find a course that meets your needs. You have to keep in mind both your learning style and your time schedule before you choose a course. Many companies offer traditional school style classroom instructions. However, this may not be a practical choice if you are a working person or if the centre is too far away from where you stay. One of the best ways to take a GMAT course is to identify a good online GMAT Prep course.
The GMAT exam requires strong language skills along with good mathematical expertise. Many students who take the test are bogged down by the syllabi and the complex level of conceptual ability that is required for a good GMAT score. Thus they become stressed out and are unable to perform well during their exams. Keeping this in view, it is important to select a GMAT Prep course online that has an easy course structure and materials. The course itself should be designed to accommodate the needs of working individuals, so that you can access your online GMAT Prep course any time you wish. Many online companies offer easy to learn audio and video clips that make it easy and interesting to learn for GMAT. You should always choose a course that allows you to repeat the course content as many times as you want. Exposure to a number of practice tests before the real test will equip you with important exam management and answering skills.
Some of the best online GMAT Prep courses offer you CDs that allow you to enjoy a private tutoring environment right from the comfort of your home. A good company will also provide 24/7 offline and online support so that you can get your queries resolved without delay. Some companies also provide one-to-one sessions with experienced tutors who will work with you on areas that are difficult. Excellent service and total personal support from the provider are important for good GMAT scores.
Most candidates who appear for the GMAT exams are working on a very tight budget. Therefore, affordability plays an important role in choosing the right online GMAT Prep course. Many online companies offer you multiple plans that you can choose from. This makes it easy for you to choose a plan that suits your budget, test date and availability.
Finally, with thousands of candidates appearing for the GMAT exams, it is important that the online GMAT Prep course you choose provides you with important tips and tricks that will help you perform well in the exam. These strategies may seem irrelevant on the face of it. But, come exam time, and these tips may very well give you a much-needed edge over your competitors.
Thanks to Kathleen Chester for contributing this article to our MBA blog:
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