What study the managers of tomorrow?

April 10, 2016 Uncategorized No comments

The first step on the career ladder is used: who wants to start in management, usually begins with a Bachelor’s degree. However, many graduates have the feeling that only a first degree is not enough, to be adequately qualified. What then? There are many possibilities: A MBA (master of business administration) or maybe a master in management?

Thomas Graf gets such questions on its Internet platform “Master in management compass” is increasingly used. Because the number of Bachelor’s graduates also offered master’s degrees in the field of management in Europe has increased by leaps and bounds.

Master for uni grads

Internationally, the term has become master in management (MIM) established. These courses deal at least half with General management content, for example with subjects such as finance, strategy and human resource management. In contrast, specialized master focus on a Department such as finance or marketing.

Key issues for the MBA

  • Local or abroad?
  • Generalist or specialist?
  • Full time or part time?

The MIM is however no label for an academic degree. This can be for example, a master of Science (M.SC.) in management or a Master of Arts (M.A.) in general management. Because each University can even set what she calls a degree? However required a M.SC.. a high proportion of scientific work. That may be one reason that many colleges put more on a M.A…

The MIM is first and foremost a European phenomenon. Over 70 percent of the world’s offered courses exist in Europe. They are offered by colleges and universities, but also by business schools. The management master is a consecutive course. That means he requires an economics undergraduate – say a Bachelor – prepared especially for the promotion. Experience is not required.

MBAs for professionals

In contrast to the master it is aimed MBA mainly to interested parties without economics, who want to get fit for a management job. It requires experience and is not based on a study. The MBA students are significantly older than MIM students around the age of 28, the teaching is practice-oriented. “At the MBA none where a formula came from, there is interested in it the application in practice”, says expert count.


It is exactly the other way around at the MBA. Here often lack basic knowledge in economy participants, for they have already several years’ experience and seek therefore practice-oriented knowledge. “In Germany the foreseeable will focus more on the master’s programs”, believes Michael Frenkel, Dean of WHU – Otto Beisheim School of management, which offers both types of programme such as the HHL. “This is just more German tradition.”

Part-time master for professionals

Several Bachelor’s graduates also start in professional life. It also has an impact on the courses on offer. There are also part-time MIM courses. Pioneer in Germany was the HHL offered their M.SC.. in management in the autumn for the first time not only in Leipzig, but also in Cologne.

In September, for the first time the ESCP Europe in Berlin starts with a part-time master in management, which you can complete in two or three years. “This is also a response to the requests of enterprises that want to allow even a master’s degree in addition to the job their employees with Bachelor’s degree”, explains program manager Sven Scheid.

It is therefore only admitted who has a job. The students of 2.5 weeks on the campus in Berlin and a week at one of the other ESCP locations in London, Paris, Madrid and Turin spend per semester.


Basically a second degree is not required. Master expert count according to should you begin the own job opportunities analyze. “If you have good deals, you need no MIM, but should go in the job’, Graf said. Who, however, would like to have an in-depth training or get no suitable job offers, can connect directly after the Bachelor’s nor a MIM study? The option to make later an MBA degree, remains open for all. Count: “the MBA is not running from you. You can make at any age.”


Everything you should know about an MBA before take it

April 10, 2016 Uncategorized No comments

We have all heard those great stories of success: entrepreneurs from giant companies who even finished College. This is why, and by the financial crisis of recent years, that many people have begun to dismiss the idea of doing an MBA. Some who tried it were disappointed because the results were not as expected: not tripled their salaries, companies did not offer those important positions, and the less fortunate, given with dubious quality programs. Do an MBA involves a considerable investment of time and money, reason why it is not a simple take decision? In the end it depends on the needs and personal aspirations of the person concerned in advance it.

Some recommendations before choosing your MBA:

  1. It is true that anybody with a college degree could do an MBA, but you have in mind that to be admitted to the program and get a job that will return the investment, it is necessary to have previous experience. Some programs will admit to young graduates, however, the knowledge acquired there are most valuable for someone who can understand what appears in the books by his experience.
  2. It is vital to check the rating of the program. His salary upon graduation will depend on this. High ranking programs are also the most expensive and competitive, but remember that the investment (or loan) will return quickly. Also consider that the best option for you depends not only on the ranking, occasionally the appreciation of students is also important.
  3. Talk to his bosses before making the decision. The academic major when it comes to competing for a promotion, while in others the most important thing is the performance premium in some companies. In the case of the former, there are two options: the company will offer training through internal programs or will give educational credits to talented employees. In both cases the permanence within the company is required.

But with so many difficulties is really worth it?

The labor advantage

A person with an MBA is likely to climb that one without this title. Experience is an important factor to obtain a management position, but an MBA provides knowledge that not available otherwise. Juan Carlos Torres, in his analysis of the importance of the programs of MBA in the formation of leading executives, sums it up: “For enterprises a professional with an MBA, become an ideal employee, since they are a key element for the effectiveness of the business, they are able to develop new strategies, solutions, successful, with large very valuable skills for any industry”.


Throughout your MBA, you will have the opportunity to meet other entrepreneurs who in the future could be their allies in the business world. Knowing the right people will allow you to close business dealings of high impact, have labor alternatives and give you experience in public relations, skill of great importance to engage properly in a management position.

If it is abroad, even better

In another section of his job, Torres warned the following: “the graduates of MBA programs abroad come with an open mind and a knowledge of other cultures, which are considered key factors when selecting managers”. It is no secret that with the global economy and the new dynamics of the media there are additional challenges. Be able to handle multicultural environments, a foreign language in the context of the business and have business contacts in several places on the planet, are all qualities and advantages to an MBA.



April 10, 2016 Uncategorized No comments

Title: The title is known as a master’s or master’s degree in the study area.

Duration: One to two years of full-time.

The most common types of master’s degrees are the Master of Arts (MA), especially focused on careers Arts, Humanities, and Social Sciences Theology and Master of Science (MSc), for pure and applied science.

Master of Arts (MA), Master of Science (MSc), Master of Engineering (MEng)

In addition to the titles of MA or MA (Master of Arts), MSc or Master of Science (MSc) and MEng or MSc in Engineering (Master of Engineering), also you find more specific as MArch or Master of Architecture, or MEd Master of Education, Master of Music MMus or and or MTh Master of Theology.

Master’s programs include seminars, lectures, tutorials, project work, oral work, some research, dissertations and exams. The balance between these varies depending on the field of study and the institution.

In some cases you have the option of leaving out the thesis and get a Graduate Diploma (Posgraduate Diplomma or Certificate), useful if you want to specialize in a particular area.

Master of Business Administration (MBA)

An MBA or MBA is designed for those with professional experience related to the study area. Courses are usually intensive, demanding and designed to create successful business leaders.

Master of Laws or Laws (LLM)

Or Master of Laws LLM is usually a full-time program of one year. In most cases it is not necessary to have a professional title attorney in order to be admitted to the LLM program and it provides no official certification to practice law. While a Law Undergraduate provides an overview of all the basic knowledge needed to become a lawyer, LLM give you the opportunity to specialize in a particular subject.

Master of Research (MRes)

The MRes or Master of Research is designed, as its name suggests, to provide training in how to become a researcher. The program includes a wider than most master’s programs or MA / MSc research element, but usually also have an element of classes. A MRes can give you an advantage if you want to follow a doctorate (PhD) or a career in research. Having said that, MREs are becoming more popular and easy to identify as a research-based courses name.

Research Masters (MPhil)

Similar to a MRes an MPhil research consists exclusively and often precedes the title of PhD. In fact, many doctoral students are registered for the degree of MPhil during the first 12-18 months of study and have to produce a report at the end of this period in order to change their registration to the PhD student. In addition to helping universities to keep rates low dropout PhD, it helps students who remain unfunded or find that a PhD is not for them. The MPhil is generally recognized by employers as equivalent to any other master but their nature is purely research.


April 10, 2016 Uncategorized No comments

The M.B.A. was a distinctly American phenomenon for many years. Harvard established the world’s first M.B.A. program in 1908. Sixteen years later, the school instituted the case method as the primary tool for instruction. It spread to schools across the country, as they popped up in every corner. It wasn’t until 50 years later that Insead was founded and began offering the first M.B.A. degrees in Europe.

Elite American business schools are still the global leaders with the best reputations, but when it comes to return on investment, grads at European schools have them beat. And it is not even close.

Every two years, Forbes ranks the world’s business schools based on their return on investment. This year, we compared the earnings for the Class of 2008 in their first five years out of business school to their opportunity cost (forgone compensation, tuition and required fees) to arrive at a “5-year M.B.A. gain,” which we rank the schools on (click here for a detailed methodology).

We rank the U.S. and non-U.S. schools separately, but a combined list would be a blowout for Europe. European b-schools have the seven highest 5-year M.B.A. gains in the world led by IMD, where students had a median gain of $196,300. Students at IMD are making $211,000 five years out of school after arriving in Lausanne, Switzerland with a median paycheck of $84,000. It is the second straight time that IMD finished on top of the biennial Forbes business school ranking.

IMD alumni experience tremendous financial success—their five years out of school total compensation is exceeded by only grads of Stanford Graduate School of Business andLondon Business School. But what really gooses their return on investment is the one-year program length that is popular across Europe. The European programs that finished ahead of the No. 1 ranked U.S. business school, Stanford, are all one-year programs with the exception of LBS, which ranked fourth overall.

Differences between MBA and Executive MBA, two paths depending on the degree of experience

April 10, 2016 Uncategorized No comments

In the field of business administration masters is very broad, but before that it must continue to make clear the fundamental differences between the two types of basic MBA offered by most business schools, normal and Executive.

First, keep in mind that these types of studies (MBA) is primarily aimed at those who want to gain knowledge in the field of management, but students may well be virtually new to the subject or have years of experience and professional performance in this field who want to improve and extend into other areas.

Young and old

This is the fundamental difference between traditional MBA and Executive. In the first case, the client profile are university graduates who have just finished the race and they need a more specific or known to break into the world of business education.

However, the Executive MBA are more intensive masters aimed primarily at managers, executives, entrepreneurs and managers who have already spent time working in this area and wish to strengthen their knowledge. In this sense, to use this type many business schools even require a document certifying that carry more than three years in office.

In daily or weekend

Based on this differentiation also another feature set: times. Normal MBA usually held during the week, although there are two types, the MBA Full Time, occupying almost the entire day, and the MBA Part Time, who work in the morning or afternoon a few hours of the day. The latter are designed for those graduates who work their way through college or have already opened a small way in business administration.

The Executive MBA Part Time shared with the aim of adapting to the workplace. Most of them are taught considering that the executive can not spend time throughout the week, so their schedules are restricted to Friday afternoons and Saturday mornings. This formula usually means less training time than traditional MBA, causing them to reduce the price. However, this increases to be treated with the highest level of studies and technical complexity.
Criticize resource reductions to graduate

49% of graduate business is

The lessons of the crisis, must matter in MBA

Ipade dictate Program Services Division

Bloomberg Businessweek recognized two MBA programs at the University of Utah’s David Eccles School of Business in its 2015 rankings.

April 10, 2016 Uncategorized No comments

Bloomberg Businessweek recognized two MBA programs at the University of Utah’s David Eccles School of Business in its 2015 rankings.

The Professional MBA program, which is part-time, stayed in the top 50 with a No. 42 ranking and the Full-Time MBA program moved up two spots, from No. 61 to No. 59.

“These rankings are an indication of the continued and growing excellence of our business education programs,” said Taylor Randall, dean of the David Eccles School of Business. “Our MBA students continue to shine in both their academic and working careers.”

The rankings are based on several surveys, including input from faculty, students and employers. These new rankings follow on the heels of the Eccles School’s Executive MBA No. 22 ranking by theFinancial Times.

“It is an honor to have two of our MBA programs in the top 50 nationwide,” said Brad Vierig, associate dean of MBA programs and Executive Education at the Eccles School. “Our outstanding faculty continue to provide cutting-edge education that translates directly from the classroom to the boardroom.”

The Bloomberg Businessweek rankings place the Eccles School’s Full-Time MBA at No. 9 in the West and the PMBA at No. 8 in the West and No. 1 in Utah. The Full-Time MBA also ranked No. 5 for job placement in the West.

Bloomberg Businessweek ranked 74 full-time and part-time programs in the United States this year.

Top Global Ranking for Utah’s MBA Online Program

April 10, 2016 Uncategorized No comments

2016 has just begun, but the MBA Online program at the David Eccles School of Business has already been ranked and recognized by two prestigious publications this year. Launched in Fall 2014, the program is in its first year of eligibility for rankings. Recently, CEO Magazine ranked the Eccles MBA Online program No. 7 worldwide and No. 2 in North America. Prior to that, U.S. News and World Report ranked the program No. 44 in the nation and No. 6 in the West.

“We are very pleased with the ranking of our MBA Online program, which helps students obtain a world-class MBA education regardless of their proximity to campus,” said Brad Vierig, associate dean of MBA programs and Executive Education at the David Eccles School of Business. “Our faculty create a rich learning environment that allows students to apply the lessons they learn in the classroom to the boardroom.”

The Eccles School now has three MBA programs recognized for excellence by CEO Magazine, with the Executive MBA and Full-Time MBA programs both designated “Tier I”.

“These rankings reflect the work of our dedicated faculty who ensure they prepare our students for what’s next in their careers,” said Taylor Randall, dean of the Eccles School.

The CEO Magazine ranking assessed 140 schools worldwide and was based on learning environment, class sizes, tuition, faculty, delivery methods, international diversity, gender make-up and more. For more information, visit www.ceo-mag.com

The U.S. News and World Report ranking assessed 228 schools and was based on student engagement, admissions selectivity, peer reputation, faculty credentials and training, and student services and technology. For more information, visit usnews.com/online.