Benefits of an MBA degree
The MBA is no doubt the most popular management degree that prepares students to enter the world of business. There are several reasons why the MBA is regarded as the Rolls Royce of management education. Its popularity has increased in South Africa for the following reasons:
The MBA is no doubt the most popular management degree that prepares students to enter the world of business. There are several reasons why the MBA is regarded as the Rolls Royce of management education. Its popularity has increased in South Africa for the following reasons:
- The MBA is a unique offering that takes an integrated and holistic view of management education i.e. it covers the full range of management disciplines
- Practical approach to management education - emphasis on action learning that simulates real world management problems. Case studies are used to demonstrate rigorous and challenging management problems in the local and international business environment
- Employment equity has increased demand for MBA from previously disadvantaged groups i.e. Blacks, females etc.
- Meets the challenges of globalisation - MBA graduates are able to take a broader geographical perspective due to their training in subjects such as international business and business strategy
- MBA is internationally recognised - facilitates the mobility of graduates seeking international experience
- MBA courses allow a wide choice of elective modules that meets the needs of students in specific industries i.e. investment & portfolio management, health care management etc.
- Business schools are forming partnerships with regional employers to exchange views on innovations and developments in the business world and are using this knowledge for teaching and research on MBA programmes.
