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MBA – The Master’s in Business Administration in the UK

 

If you are thinking of pursuing a Master’s in Business Administration, a business school in the UK may be the right choice for you. In addition to well-known institutions such as Oxford, Cambridge and the London Business School, the UK had a wide variety of schools offering an MBA degree. Varying in size, cost and focus, many of these schools also accept international students. A full-time MBA program in the UK usually takes about one year to complete. A Business Administration postgraduate program presents students with an overview of general business, management and strategic principle. In the UK, an MBA program will often include an optional concentration area that gives students the chance to deepen their knowledge of a particular topic.

What Is a Master’s Program in Business Administration?

A Master’s program in Business Administration prepares students to become effective leaders in the business arena. Beginning with basic courses in management, corporate finance and business, a typical curriculum will also include materials that integrate various aspects of organizational operations. Students can expect to take core courses in:

  • Entrepreneurship
  • Accountancy
  • Technology Management
  • Business Strategy
  • Marketing
  • Organisational Behavior

Depending on your interests, many UK programs may let you fill as much as one-third of your program with elective focused on your area of interest. Specialized coursework in areas such as entertainment, banking and bio-medical development can help you gain the skills and knowledge to learn about your chosen industry from a leadership point of view.

Students may embark on MBA programs right after finishing their undergraduate studies or after a few years spent in the workplace. UK business schools usually require an undergraduate degree or several years of work experience. While specific requirements vary, most schools will accept students with non-business undergraduate degrees or work background. Many also consider military or volunteer experience as work experience.

If you are currently working, many UK institutions offer Executive MBA programs for those who want to continue their employment while earning their degree. Whether you want to advance further at your current place of employment or are looking for a change of direction, the Business Administration Master’s program can give you the tools for success.

What Are the Benefits of Getting a Master’s in Business Administration in the UK?

Earning an MBA can lay the groundwork for a successful career. In addition to theoretical knowledge, students develop the ability to think critically, strategic and negotiate. Practical work such as case studies, hands-on projects and study visits helps students acquire real-life skills and confidence in their leadership.

The special focus option offered by many UK schools will allow you to apply business and management principles in the special context of a particular industry. In order to occupy a leadership role, one must understand the general framework and goals of the organisation and understand the part played by each of its branches. The ability to think globally and strategically without losing sight of detail is the hallmark of a quality MBA graduate.

As institutions that attract many international students, UK business schools also emphasise global thinking. Business strategies, corporate finances and marketing are studied and examined in the context of global economic impact and of markets around the world. You will gain experience in teamwork and negotiation with people from various backgrounds and cultures. The global perspective you gain in your MBA program will serve you well in your future career, especially if you aspire to an executive position.

What Kind of Career Can You Expect With a Master’s in Business Administration?

MBA graduates pursue a wide variety of careers. There is no industry where the ability to organize and lead is not an asset. Some MBA holders go on to management and executive positions in their industry of interest, while others utilise the business and finance part of their education. Some popular career choices among Business Administration graduates include:

  • Financial consultant for investment firms or corporations.
  • Wealth advisor for private individuals.
  • Strategic marketing and PR manager, devising long-term and short-term goals and plans for marketing.
  • Operations manager who oversees the various branches of a corporation and sees to their smooth functioning.
  • Financial officer at a non-profit or corporate research facility.
  • Administrator at a charity or aid organisation.
  • Human resource manager.

The Master’s program in Business Administration also imparts the confidence and skill to start your own business. Aspiring entrepreneurs often find that completing an MBA has given them the strategic skills and the connections to create a successful enterprise.

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