Once you have decided that you want to study for a Master of Business Administration (MBA) award, your next choice will be where to study it. There are many different kinds of MBA programme available. Your choice will largely depend on the country in which you wish to study it.
Most MBA programmes are studied at postgraduate level (level 8 on the QCF scale in the UK). This means that to be accepted onto the course, you are likely to need a good first degree in a relevant business-related subject. Most institutions will also expect to see evidence of employment in a managerial capacity of up to 3 years duration. Some institutions may accept a longer period of work experience in lieu of a degree, but you will still be expected to be able to show the ability to study at postgraduate level.
If you wish to study a programme delivered in the English language, you can find courses in a number of different countries. Across Europe, many universities are recognising that English is a key business language and programmes are taught either exclusively in English or combined with the national language. For a one-stop search facility to find out about Business Administration Master’s programmes along with many other learning opportunities at postgraduate level, Postgrad.com is a useful web site.
It is possible to study most MBA programmes either full-time or part-time. Indeed, many people prefer to study part-time for their MBA as this allows them to continue working. This is important for 2 reasons. The first is that many MBA programmes require students to carry out case study work, and relate their studies to their own business requirements.
The second reason why studying part-time and remaining in employment at the same time is common to MBA students is the cost of studying at postgraduate level. Without any kind of bursary or sponsorship funds, an MBA student should expect to pay anywhere between £6000 and £30,000 for the full course fees. This does not include finance for any accommodation, materials or other living costs.
If you live in the UK and intend to study for an MBA at a home university or college, you should enquire at your local education institutions whether they offer an MBA. You can study various specialist pathways in Business Administration, such as Educational Administration, Engineering Administration or Transport Administration, or you can opt for a general MBA.
Bournemouth University offer an MBA in general Business Administration, which gives the option of exiting the course at 3 stages. After successfully completing the first stage, including modules covering managing people and organisations, and managing finance, students can be awarded a postgraduate certificate. Completion of the second stage leads to a postgraduate diploma, and once the final dissertation and assessments have been passed, an MBA is awarded.
Some MBA courses are accredited by professional organisations. Students on the MBA at the University of Exeter which can be studied both full- and part-time, are eligible to join the Chartered Management Institute on enrolment. Once the student has completed the course successfully, they are eligible to join the Association of MBAs. The course has pathways in financial management, marketing management, leadership, entrepreneurship, and innovation.
Studying for an MBA is a personal choice. It is also a significant financial investment and you should investigate fully the scope of any course before you enrol.