ducation
has received a great boost in the post-globalisation era. Premier
institutes have descended upon the scenario with programmes aimed at
carving out well-rounded personalities who can confidently walk
through the portals of the corporate world
The MBA (Master of Business Administration)
degree is probably the worlds best known and most widely recognized
post graduate degree. It is a professional degree - in that it is
intended for those who work in business and management i.e., the
intention of a program leading to an MBA is to prepare or further
prepare individuals for responsible positions in business - usually
managerial positions. MBA programs are run throughout the world, as
they are seen to be relevant for the preparation of people for work
in management irrespective of the industry, business sector, the
nature of the economy, etc.
In fact the degree is a bit of a misnomer. For
most people this is a management degree, and it is not only relevant
and of value to those in 'business' - as normally defined - but also
those in government, the public sector etc. The MBA degree title has
always been used in the USA - where it was first developed, but not
always in other countries. In the UK for example - where Post
Graduate degree level management education only began to develop
from the late 1960s the title was not initially used. For example
the main schools at that time used the MSc and MA degree titles.
From around 1980 however most established programs around the world
had adopted the MBA title. There are of course programs which look
very much like what other Schools would call an MBA - which still
lead to degrees with other titles. Such titles include MBL (Master
of Business Leadership - predominantly in S. Africa), MBS (Master of
Business Studies), MSc and MA as well as more specialist degrees
e.g., Master of Finance. Often such programs are seeking
deliberately to differentiate themselves from other programs
COURSE STRUCTURE OF AN
MBA...
Why an MBA?
Your future! Being equipped to handle the
opportunities and threats of today's dynamic business environment
has never been more important. New products, new markets, off-shore
resourcing, mergers, and new technologies all create uncertainty and
opportunity. An MBA helps position you to take advantage of the
opportunities and protects you from the threats. A Master of
Business Administration provides you with a broad view of the
functional areas of business.