4 Frequently Asked Questions About the MBA Answered
The decision to enrol in the Master of Business Administration (MBA) is one which requires a lot of thought and research. Many questions about the MBA must be asked to ensure you are making the right decision for your career, as well as with the right provider. At AIB, we are always happy to answer any questions from potential students, no matter how big or small they may seem. If you’re interested in four of the most frequently asked questions about the MBA, see below.
1. Will I be more employable with an MBA?
Upon completion of the MBA, you will be equipped with a number of new skills, as well as a holistic understanding of business. There is no doubt that the MBA will increase employability in related fields as the programme provides students with a highly valued qualification and an elevated level of leadership and decision-making. It is important to remember however that the employability of a candidate comes down to a number of factors including past experience, behaviour in interviews as well as qualifications. While very important, qualifications make up just one of the components which recruiters look for when employing new staff. When up against others of similar experience levels, the MBA can certainly give you a competitive edge which others don’t have.
2. What are the main motivators for completing an MBA?
There are a number of key reasons why people choose to complete an MBA. While some do it for the pleasure of learning, the majority focus on a particular outcome in their career. At AIB, the main motivators for completing the MBA are a career change, a promotion or salary increase, or to gain the skills required to start a new business. There are also a number of people who are experts in their career, but require a formal qualification to cement those skills. Students of the MBA come from all stages in their career, but are committed to gaining a world-class qualification to move forward.
3. What kind of skills will I gain throughout the programme?
Throughout the MBA programme, a wide range of skills will be tested and acquired. Generic skills such as strong organisation, effective communication and strategic thinking will be required to succeed in the programme. This therefore means by the end of the degree, these skills should be almost perfected by the student. In addition, specialised skills in all key business areas will be gained by successful graduands. These range from marketing and logistics management, to finance and leadership, as each subject area is covered throughout the programme.
4. Should I study on campus or via distance learning?
Both on campus and distance learning MBA programmes have their pros and cons. This decision will depend entirely on the student’s individual circumstances and learning style. If you are someone who travels a lot for work, and needs greater flexibility, then distance learning is likely to be the better option for you. Alternatively, if you feel that you need structured learning times and more explanation in person, then on campus may be your preferred option. The best way to make this decision is to talk through your commitments, concerns and strengths with a Course Advisor, and they will assist you in choosing the correct study method for you.
What do you think?
Do you have any other questions about the MBA which you’d like answered? Click here to find out more about the MBA and get in contact with an AIB Course Advisor.
This article was written by Laura Hutton on behalf of the Australian Institute of Business. All opinions are that of the writer and do not necessarily reflect the opinion of AIB.