June 11th, 2008

The MBA is aimed at people who for the most part, are no longer students. “The MBA is a degree of general management, different from Specialized Masters.

Today, the MBA have developed on all continents, to diversify both their programs and modes of instruction. From the past, the MBA has kept its vocation accelerator career. It can change more easily, business or go more quickly, to senior positions.

“It does not make much sense out of a business school and replier immediately after with an MBA. This is done much to the USA.

In the USA, schools offering MBA are less pointless on the professional experience of candidates. In Europe, it is difficult to prepare an MBA right after his initial training, without experience. The MBA reviews all managerial skills, the right to finance, through management, accounting, taxation, human resources and, of course, languages.

A long-term investment

Faced with an offer become increasingly important over the years, the MBA candidates have, in principle, be spoilt for choice. General or specialized, American or European, full time or part time, the MBA is divided on the form and in substance.

Nevertheless, the cost of this high-level training remains an essential criterion. Some business schools require up to $30489 for the two years of training … Between $1067 and $27440.82  on average, not including fees associated with the daily, the MBA is an investment in the proper sense, an investment on itself and its potential evolution.

Some business schools, especially American, monitor the creditworthiness of the candidate, even before considering his case.

It is therefore imperative to draw up a budget estimate before submitting his candidacy and thinking then calculate the return on investment of such a project. Also they are prohibitive; costs are often written off by wage compensation during the reintegration into the world of work. Beware however, the gain in wages often dependent on the reputation of the school.

MBA in your pocket, you will not be paid in the same way, if you go work in the USA or if you stay in France. “Unlike other diplomas, the title MBA is not protected. It is therefore strongly advised to check the credentials in order not to make mistakes in choosing his MBA.”

May 11th, 2008

MBA ChildThere are millions of MBA in the world. An abundant supply due inter alias by an increase in the number of candidates in recent years! On the Anglo-Saxon in origin, the MBA degree has become the international benchmark for management.

Today, some people believe, point of salvation without an MBA on your CV! So, myth or reality? Some things to check before embarking …

Eight good reasons for doing an MBA:

– Change sector

– Change activity

– Change the function or expand its sphere of competence (engineer led to oversee international teams, for example)

– To acquire a strong managerial culture and high level for career development

– Opening the doors of international groups

– Have plans to go abroad, especially to the Scandinavian countries, Germanic or Anglo-Saxon.

– Improve his salary

– Expand its network of contacts and relations.

Six bad reasons for doing an MBA:

– Make an MBA for “doing an MBA”

– Make an MBA to “enrich his CV”

– Make an MBA after completing his studies to “go to the top immediately”

– Make an MBA to end career after a dismissal, for example. Better then opt for shorter training and operational

– Make an MBA to give an impetus to a career that declines: the MBA is a career accelerator, not a magic wand to make a career off

stagnant …

– Make an MBA to earn a lot of money very quickly. The MBA, if not accompanied by a draft career that holds the road, will not bring down

the millions in your bank account as if by magic!

– Make an MBA to take over the estate of a TPE: no need to invest large sums in training for a post that does not require a diploma.

Doing an MBA involves:

– A solid career plan (why do the MBA at this precise moment in my career? An MBA, to go where? Towards what type of job / company /

country? Etc.).

– A first professional experience of a few years, from 5 to 12 years on average

– A first professional experience already conclusive

– One motivation for any challenge

– The taste of teamwork

– A lending important (count of 20 000 to 100 000 euros and beyond for an MBA, knowing that most MBA in Europe are much cheaper than their

U.S. equivalents)

– A large capacity for work

– A total availability, even on weekends and during school holidays (newlyweds or future refrain dads!)

– An entourage understanding and patient.

The MBA (Master of Business Administration) are in vogue. Training general high-level business management, they have a reputation ringing in a context of economic globalization. Indeed, in essence, the MBA is international: lessons are predominantly or exclusively in English, teams of teachers want multicultural students come from different countries, managerial issues are addressed in a comprehensive manner … Companies seeking therefore MBA holders adaptable to different markets. Hold the diploma is therefore ensure career progression and a salary increase of about 30%. An MBA graduate earns between 60 000 and 80 000 euros gross per annum.

Scientists, engineers, but also literary managers covet therefore this diploma prestigious reputation worldwide. Large schools are scrambling on the market to meet them and offer them training edge at a price … very expensive. You should know that the price of an MBA varies between 10 000 and 40 000 euros per year! So, that’s for sure, the individual concerned should not make mistakes in their choices.

A careful choice

But all MBA does not apply because they are not degrees of state. Any school may decide to launch a program. That is why the supply market is very eclectic. The British press, U.S. and French publishes annual rankings on the best courses. Attention, however, the contradictions because the media do not use all the same selection criteria!

In addition, make an MBA is a professional project. Otherwise the candidate likely to undergo training which ultimately did not serve him very much. In order of creation of local business abroad, it would be better to follow a program that has exchange partnerships with universities in the country concerned. Knowing the culture of a country is a plus for a tackle then its domestic market. At the moment there are all sorts of MBA, for everyone. The MBA specialized add to the general education materials focused on an industry or a function of the company. For example, ESSEC launched the MBA in international management of luxury brands while Bordeaux School of Management created the Wine MBA for the management of wine.

Finally, we must also know that the format of the MBA may vary. It can prepare for full-time (full time) in one or two years part-time (part time) and even at a distance. The learning mode chosen does not affect the quality of teaching. The duration of studies varies, depending on the formulas, from 9 months to 2 years.

Executive MBA: an inescapable fame
The Executive MBA is aimed at executives who have professional experience of 10 years. The courses are divided on weekends and weekends to enable them to continue to exercise their professional activity. It is thus part-time, unlike the traditional MBA programme for full-time employees with about 5 years of professional experience. Typically the company does not hesitate to finance part or all of the Executive MBA. It includes his account to improve the potential of the framework which occupies a key position. By the way, the case studies cover most of the time problems of the company within which the candidate performs his duties.

Effective after a professional experience
As for all is when someone is willing that action is bearing fruit. If the market was open to young degrees (to apply it must have a tray +4 / 5 minimum), there is no need to be early. By the way, many continue to require training in the selection of candidates professional experience consistent. The latter are able to understand the concepts of management in finance, economics, law, marketing, HR … More mature, they have already acquired management skills and can benefit from a high-level training. The junior school is more, it is difficult to implement concrete cases of corporate issues.