Executive MBA

Global trends for MBA programs.

August 28, 2018 Help MBA Online No comments , , , ,

After gathering some years of work practice and experiencing that I had already “hit bottom” in my business, I asked myself the following question: “What’s next?” I thought a lot about that idea for a few months and then I started considering the option of studying a postgraduate course and taking my profession to the next step.

I started looking for options and I find that business schools around the world remain in constant evolution to raise their quality. Learning from current trends is valuable to me and I suggest doing the same process to all those who are pondering the possibility of studying an MBA. Here I leave the world trends:

Executive MBA:

They are very demanded at the present time, their objective is to train professionals for the management of businesses or companies. They are aimed at people with some years of management experience, are excellent for managers, executives and managers who need to reinforce their knowledge.

The focus changes a little with respect to the MBA full time, because the students already have advanced notions about business management and are part-time. In my personal case, I don’t have managerial and directive experience, so from the start I knew it wasn’t the right choice for me.

MBA ONLINE:

One of my main fears is to leave the job. Will it cost Me to find one after the MBA? Will I be left behind? How will I survive without a steady salary? Are some of the thoughts that make me basilar to do a postgraduate.

And when I talked to other colleagues, I realized that many young people shared that fear. That’s why online MBA’s have taken power; You take the courses online, you can continue to work and study from your home, office or any country. Flexibility is attractive; However, thinking more deeply, I considered that aspects that are important to me are sacrificed.

For example, networking. Classmates and teachers become contacts and not in many places you have the opportunity to acquire such a wide and heterogeneous network of contacts. You also lose the discussion in class and I feel that knowing different points of view helps us to be more complete professionals with different perspectives.

MBA FULL TIME

Full-time programs are highly sought after by those who want to have the full experience. They allow to focus on the program at 100%, increasing the degree of collaboration and responsibility.

It is not only appropriate to acquire managerial or administrative knowledge. Aspects such as emotional intelligence, teamwork and critical thinking make it possible to shape innovative leaders and represent an added value at the professional level.  The 24/7 immersion of the full time makes the incrmento of these skills develop exponentially and are achieved in a shorter time.

This type of MBA allows to have an experiential study. Now some business schools have seen that they must implement what they learned and have opted to use the case method, where they solve real business problems. They also provide internships, consulting projects and international exchanges such as INCAE Business School to Silicon Valley, one of the schools that has caught my attention.

Within the full time mode, there are programs that allow to carry out concentrations. Organizations are suing professionals who assume leadership roles in specific areas and with such a program, I can boost my profession by developing management skills, but diferenci√°ndome through a specialization.¬† (It’s like getting the best of two worlds in a single MBA!)

GLOBAL MBA:

Would it please you to have the opportunity to internationalise your career? Now business schools are looking to have a global offer and are incorporating international experiences as a key component in their curriculum.

This makes it easier for students to acquire a network of international contacts and extended work opportunities at the global level. Multiculturalism in the course enriches the different perspectives and allows the comprehension of different realities and cultural contexts.

Added to this, many have agreements with other universities and could be a bridge to take courses in other continents and add value to our CV. In my personal case, I am employed by a transnational and I would like to continue developing my career in that area. Today it is very important to have an international orientation that allows us to develop in global markets.

These are the current trends, knowing them gives us more clarity when we make our decision on what program to study and provide tools for a more complete survey. In my case, networking, practical study and multicultural contact are aspects of weight that I will take into account at the time of the final decision, because I am unequivocal that they can really make a positive difference in the development of my professional life.

Why attend an MBA Master Executive?

August 5, 2018 Help MBA Class No comments , , ,

It is a major investment, in terms of time spent on study and finances invested. However, attending a Master Executive is still a profitable investment, opening the door to career advancement and the resulting economic benefits. Especially when the business school that provides it enjoys a well-established reputation in the eyes of certification bodies and companies.

However, career and salary improvements are not the only motivations that can push a professional towards an EMBA.

In a mini cycle of two posts we will try to analyze them in more detail, also through the testimonies of those who attended: this week with Paolo Starace, CEO and Managing Director of DAF Vehicles.

Improved career and economic prospects

If after 2 years a professional career still seems open to every perspective and rethink, once the threshold of 8 years of experience has been exceeded, it is natural – not to say fundamental – to draw conclusions. Determine where you arrived and where you aspire to arrive. Make an inventory of the tools and skills you have to reach the goal.

This is where the master executive comes into play. Given in hand, it is an additional weapon that can bring out a curriculum and offer real career opportunities. According to MIP data, the business school of Politecnico di Milano, on average within two years of the conclusion of an Executive MBA:

80% of graduates get to take on roles of greater managerial responsibility
40% of these have access to management positions
20% hold management positions in the international arena
15% become CEO

This figure was also confirmed from an economic point of view by the Washington Post which, reporting the figures of the executive MBA Council, noted a 23% salary increase at the end of the master’s degree, and a reduction in the payback period from 23 to 17 months, for an average value of about 60,000 dollars.

A 360-degree view of your business

In the introductory video Paolo Starace describes, with an effective metaphor of the library, another important value of a master executive: offering the right tools for analysis of his market. Managers are called upon to act with an increasingly “macro” perspective, grasp the dynamics of a company as a whole and decide accordingly, in a tight timeframe.

In order to do this, the experience acquired in the company is fundamental, but not always sufficient. Daily work offers very specific technical skills, allows you to move with skill in your own field, yet does not necessarily guarantee a 360-degree view. The risk becomes that of making wrong decisions, or decisions conditioned by one’s own mental models.