Types Of MBA Programs Available For All Learners

Posted by: lukwago J in Education September 27, 2022

The MBA is the most widely accepted graduate management degree in the world. Both students and employers are enamored with it. Each year, many aspirational professionals apply to various MBA programs. Since an MBA program is a generalist degree, it provides fundamental management knowledge. Hence, you’ll gain a comprehensive understanding of business, including advertising, financial services, and accounting, all while honing those crucial soft skills and leadership abilities. It also gets confusing with more options available, especially when looking for the top online MBA in the UK. As online MBA programs increase, the question of whether they can rival traditional MBA programs arises.

According to the Graduate Management Admission Report, enrollment in online MBA programmes has increased by 36% compared to full-time, two-year programmes. According to a US Bureau of Statistics report, the number of MBA-related jobs is predicted to increase by 15% by 2022. In the UK, the first year of an MBA program typically costs INR 21.01 lakhs. The average annual cost of living in the UK is roughly INR 6.03 lakhs.

Types of program

General Management MBA

Popular MBA programmes in general management instruct students on critical thinking, issue, and risk management. Future graduates can fill leadership or administrative jobs in various organisations thanks to these skills (private, public, NGOs).

Marketing MBA

If you’re willing to participate in a management or administrative marketing position, an MBA in marketing is a fantastic choice. The Marketing MBA emphasizes developing your advertising skills and knowledge while including general business courses. Marketing research, brand recognition, ads management, and product design, Some courses you’ll take include Organisational Behavior, Business Analytics, Project and Quality Control, Marketing Management, and Finance for Managers. After graduation, you can apply for various managerial and executive positions.

The Marketing Manager earns about 64,850 USD annually.
Director of Market Research: 79,000 USD annually
Director of Sales: $91,950 annually

It takes one to two years maximum to complete a marketing MBA. Examine online MBAs in Marketing if you cannot enrol in a conventional on-campus programme.

Human Resources Management MBA

Undoubtedly among the most prevalent MBA specializations is HR. With an MBA, students can enhance their knowledge of human resources while learning more about administering, strategic planning, and other business-related topics. Organisational behaviour, mediation, commercial law, managerial finance, and other topics are common electives for an MBA in human resource management. Following graduation, you can qualify for the jobs listed below.

Human Resources Manager(HR) – 66,900 USD annually
Employee Relations Manager earns about $75,400 yearly.
The Director of Human Resources (HR) earns about 88,000 USD annually.

Consulting MBA

Traditional business courses are interconnected with classes in corporate strategy, organisational performance, corporate communication, consultancy services, agreements, ethics, and other topics in MBAs in Consulting. Thanks to this method, students can better comprehend the effects of interpersonal and business dynamics. People who enjoy written and oral communication, are great listeners, and understand how to evaluate actions and provide feedback are excellent candidates for consulting MBAs. You can obtain well-paid positions with an MBA in advisory services, including:

Manager of Business Development: 72,200 USD annually
Business Advisor: 73,500 USD per year
Consulting in management: 87,200 USD annually

Conclusion

The flexibility of an online MBA in the UK is one benefit. Unlike a traditional MBA, an online MBA gives you the freedom to complete the programme despite having a busy schedule. An online MBA training can be finished whenever and wherever it suits you. Additionally, online MBA programmes give you flexible learning schedules and coursework that enable you to participate in class discussion forums, watch live video lectures and answer quizzes anytime, anywhere.

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