How to choose an MBA course

Professional business education consists of a wide range of areas, which can lead to difficulties in assessing and comparing the quality of MBA programs. When choosing a MBA program, the future student should check their program for accreditation (EQUIS example) and examine the testimonials of studentswho have received higher education in business management.

Subject areas MBA

Many wonder - "what kind of education you need for business?" - Below are the main directions of business MBA programs:

• strategic management
• strategic marketing;
• business planning;
• planning and management of corporate finances;
• budgeting;
• international business;
• investment case;
• managing cost and risks of the Corporation, of the company (risk management);
• personnel management (HR management).
• crisis management;
• organizational behavior;
• logistics.

Learning on the MBA takes from 2 to 5 years. The duration of training should choose depending on the initial training received in this area.

Training and degree programs MBA

Despite the lack of uniform standards of qualification MBA, you can select certain established standards:

• Executive MBA (EMBA) program for senior management with extensive experience;
• Full time MBA (FT MBA) — the basic "hard" program of full-time study (job);
• Part time MBA (PT MBA) programs full-time, but at the same time, lifelong learning, combining study with work;
• Distance-learning MBA (DL MBA) is a flexible programme of distance learning;
• Mini MBA (Ft MBA) — program of study the most topical issues of business management.

There are also program BBA (it precedes MBA) – bachelor degree in the field of MBA, for example, BBA in logistics.

How to choose an MBA program?

The MBA program meets the requirements of the international Association of MBA AMBA International. There are various business schools in famous universities (Harvard, Cambridge, Stanford , etc.). These business schools included in the rankings of MBA.

In Russian universities the training is like in their programs, where the diploma of the Russian Federation and MBA courses with the partnership agreement on cooperation in the field of training MBA. In the case of when the student enrolled in the MBA program of the partnership agreement, the student is awarded a diploma of the foreign University.

Admission requirements and the complexity of studying on the MBA

For admission to training under the MBA program, typically require higher education, experience from 2 years, knowledge of English (TOEFL, on average, above 230 points) and submission of a GMAT is the identification of analytical thinking (average score is more than 650 points).

The average cost of tuition in the MBA program - $20000-60000 a year.