Since you have landed on this blog article, we assume you are an MBA aspirant. Without a doubt, MBA is one of the courses that have become the most popular in the last century. Everyone is acquainted with at least one person who holds an MBA degree. So what is all the hype about this course? Let’s get into the details. Mentioned below is everything you need to know about an MBA degree. Give it a thorough read.
Jump to section:
What is an MBA?
What are MBA specializations?
Time required to acquire an MBA degree
How to get into an MBA?
Ways to excel at studying
MBA stands for Master of Business Administration. It is an internationally accepted postgraduate degree. It introduces an individual to the nooks and corners of the business and management world. Whether you are trying to take up your career graph or jump into the pool of entrepreneurship, an MBA qualification will come useful. Many specializations and types of courses are available at present. Therefore, making a choice can be overwhelming. Here are some details to make the process a little less daunting.
The beginning platform of the MBA curriculum is the same for all students. Moving ahead, candidates select one specialization. What is specialization? A Master of Business Administration specialization offers focused training in one field. This intends to tell the employer that the graduate is well versed in that particular business area. Having said that, you cover a variety of management subjects in the entire course syllabus.
Have a look at the specializations:
Which one is your best fit?
An increase in the demand for MBA also increased the ways of acquiring one. Traditionally, an MBA course used to be of two years. But with time, many other alternatives have become available. One can choose from a wide range of full-time or part-time MBA, dual MBA and online learning.
While opting for a full-time MBA, one also gets the option of choosing between one or two-year programs. For individuals with experience and less time in hand, one-year programs are more suitable. For budding candidates, two-year programs are advisable. Some courses come with a mandatory internship period, to prepare the student for the professional world with first-hand experience.
Part-time MBA courses are best suited for working professionals. A dual MBA provides individuals with the fast-track option of going forward with two master’s programs at the same time.
With a lot of working professionals desiring to do an MBA, online MBA courses were introduced. Since then, the fight about which is better, a full-time program or an online program, has been going on. Initially, online programs faced much criticism. One of the biggest criticism beings, online programs fails to provide students with the in-campus exposure, thus hindering their learning. But as time went by, the pros of an online MBA program won over the cons.
One cannot ignore the fact that for individuals with financial and geographical restraints, online programs prove to be a blessing. It is the most accessible route for them to acquire a degree from universities.
Many top universities now offer online courses. One such university is the Lincoln University of Business and Management. Have an online degree can make one more profitable to recruiters. Also, online MBA programs are much more cost and time-effective as compared to full-time programs. Cutting out on expenses like relocation, lodging, etc, one can afford to invest more in the program. With the number of pros exceeding the cons, it can be said with an amount of certainty that online courses are gonna be there for a long time.
Before seeking the answer to the question, one must be prepared with the answer as to what kind of program are they trying to get into. Different programs have different eligibility criteria. Most universities offering full-time programs take into consideration one’s GMAT, GRE, or other admission test scores. These exams can take as long as a year to prepare. Therefore, one should properly analyze how much time he/she can afford to dedicate and then start accordingly.
One interesting thing to note here is that a lot of universities offer test waivers. Individuals having work experience qualify for these waivers. For some universities, these waivers are applied automatically. While for others, the candidate has to apply for them separately. The eligibility benchmark for attaining these waivers varies from university to university. Along with work experience, undergraduate and graduate scores are also taken into consideration. For those, not qualifying for the waivers, one must start to prepare (accurately) for the MBA entrance exams.
When it comes to eligibility criteria, online programs are more lenient. Have a look at the entry requirements of different specializations at Lincoln University of Business and Management.
MBA programs can prove to be quite tedious. When one is enrolled in an online MBA, there is no pressure of going to the campus or attending physical classes. It is easier to get muddled up. For the same reason, we have listed below a few tips and tricks to help you with. Keep reading!
We hope this information proves to be useful for you. Lastly, have a look at our website to know more about the specialized courses offered at Lincoln University of Business and Management. For further queries, get in touch with us today.