Since each individual has their own goals for earning their MBA, you’ll want to check programs that align well with your area of interest and career. For example, corporate banking, consumer marketing, and finance typically prefer to hire MBA graduates over those without the degree for top-ranking roles. Classes generally meet on Fridays and Saturdays, and often on alternate weekends. MBA graduates have a plethora of job opportunities and also higher paid jobs. Getting your MBA will be a valuable experience and offer opportunities that would otherwise be impossible. Here’s an abbreviated list of common MBA specializations that may be of interest: Each school varies on their requirements, so if you are an international student, you’ll want to make sure you can understand the language that the coursework is offered in and also be able to afford the higher costs for those studying from abroad. As the world becomes more interconnected and businesses thrive internationally, GEMBA programs offer students an advantage to better prepare them for an international role in business. Start your GMAT Preparation by Signing up for our FREE Trial and get access to FREE online GMAT preparation resources. MBA programs differ based on a range of variables, from timing to cost and requirements to degree specialization. These programs range from 1 to 2 years, for the most part, and offer a more immersive learning experience. Students graduate with enhanced skills for the workforce, especially in subject matter related to operations management, marketing and strategic management. These include: Once you graduate with an MBA, the options seem limitless because there are so many careers that an MBA will prepare you to enter. Most candidates opt for one or two classes and generally complete the program in four or five years. During your first year, you will complete general course requirements, while developing your core skills. What Are the Different Types of MBA Degrees? MBA > 5 different types of MBA programs you can pursue in 2021. Part-time programs may be a better option for those with financial barriers or other commitments like work and family. When selecting the school that is right for you to earn your degree, you’ll want to consider the following factors: This is the primary way to find out if an institution is reputable. Types of MBA Degrees MBA degrees are often split into different categories: Full- and part-time programs. Courses generally take place in the evenings and on weekends, either on a campus or online. For example, University of the People is an entirely online, tuition-free and accredited online university with the option for an Associate, Bachelor’s and Master’s in Business Administration. Operation managers oversee the daily functioning of businesses to ensure efficiency and reduce costs. They are done part time over a 1-2 year period so that students can work and study. With a variety of course formats, including recorded lectures and live web conference courses conducted in virtual classrooms, online-MBA programs provide a flexible combination that suits both your learning style and lifestyle. The accelerated nature of the 1-year MBA offers an intense and immersive business school experience. Program lengths vary between 12 and 18 months, as opposed to a traditional 2-year program. In fact, UoPeople has students from over 200 countries and territories enrolled. The options may seem overwhelming on the surface, and sometimes there may not be a clear answer as to which one is better for you. The program curriculum focuses on several courses in each of the major business disciplines – leadership, strategy, communication, and management skills. The EMBA program is delivered in a part-time format, over a period of 12 to 24 months, allowing participants to … Accelerated MBA . A Master of Business Administration is a valuable degree with a variety of ways it can be earned. Everyone’s reasoning to earn their MBA may be different, but there are overarching themes as to why students choose to do so. With the majority of candidates coming to these programs with work experience, the focus is on the end goal – your MBA. There are a variety of options of institutions ranging from public to private, as well as online, on-campus and hybrid programs. We are the most reviewed GMAT preparation company on GMATClub with more than 1970 reviews. Then during your second year, you’ll have the flexibility to take a deeper dive into the discipline of your choice.Globally 60% of applicants to 2-year MBA programs have 3 or more years of work experience The full time MBA is a general business management degree that will give you a deep understanding of important business management functions and how to solve complex business problems. We can help you with a personalized study plan and give you access to quality online content to prepare. Following are some Part-Time MBA Programs: Online MBA Programs offer flexible options that allow you to fulfill the demands of your busy schedule while taking the next steps in your career. However, in this article, we present the facts and the rationale behind the different types of MBA programs to help you decide which type of MBA program is best for you. Copyright © University of the People 2020, Giuseppe Zerilli, UK, Computer Science Graduate, Rie Sakurai, Business Administration, Japan. Students are more likely to be younger in on-campus programs when compared to their online counterparts. Java vs Python: How to Choose Which Programming Language to Study, Provide a better life for your family: Because of the higher salary outlook, MBAs can put you in a better financial position to provide for your loved ones, Get promoted into higher positions: As mentioned before, many companies will require an MBA for senior roles, Change careers: Business offers a wide range of career options, so an MBA will open the door to new possibilities if you’re looking to try something else, Work abroad: MBA skills and knowledge is transferable and revered around the world and can offer the necessary education to start your own business. Naturally, they involve travel. Simone Biles, Olympic Champion, Business Administration. Account Manager, Management Consultant, IT Services Marketing Head, Relationship Manager are some of the most lucrative jobs that are offered to MBA graduates. Read the respective articles to learn more about what these schools are looking for in candidates. Traditional MBA programs require students to be on-campus to attend lectures at a designated time. Additionally, having your MBA will set you up to earn a higher salary. Financial advisors work with clients to guide them on investments, taxes, mortgages, retirement accounts and more. ", "By studying at UoPeople, I have more control over my schedule. EMBAs are designed for experienced working professionals who will continue working while learning. Some of the best schools that offer a GEMBA will do so in three ways: students study in international locations, enrolled students are international, and programs that focus their coursework around international business practices. We are the most reviewed GMAT prep company on gmatclub with more than 1970 reviews. Planning for an MBA? Such programs offer the most opportunities for experiential learning in the form of internships and other projects. programs usually last 4 semesters which are spread out over 2 academic years. Let’s take a quick look at each type and its respective benefits: Online programs offer flexibility and a lower cost alternative to earn your degree. There are many reasons to get an MBA, ranging from the job prospects to salary and transferable skills that will augur well in both business and your personal life. Candidates in 1-year full-time MBA programs are experienced professionals seeking to advance their career in their industry or job function and want to earn their degree in a short time period. An example of this is UoPeople a US accredited university whose MBA program is a great opportunity for international students because it can be taken from anywhere, anytime, with no geographical barriers, no visas required and can be accessed with nothing more than an internet connection. Mathematicians use their knowledge to assist businesses, engineers and scientists to solve problems and achieve goals. During your first year, you will complete general course requirements, while developing your core skills. MBA in International Business (IB) With the advent of globalization and gradual opening up of world … As an example, UoPeople can be considered a global MBA because students represent over 200 countries and territories. Some of the top Executive MBA programs are: Part-time MBA programs offer flexibility and balance to help you reach your goals. Getting your MBA is not a one-size-fits-all approach, so here is some insight into the different types of MBA programs. Many programs will require group and individual projects, so like in a work environment, you’ll hone skills to work independently and in teams.