Day: June 14, 2024

MBA Programs For Working Professionals: Types, Specialisation, Colleges, & More

MBA Programs for Working Professionals: Types, Specialisation, Colleges, & More

In the fast-paced digital era, education has evolved to cater to the needs of ambitious working professionals like you. An MBA program could be the perfect fit to boost your qualifications while maintaining your professional commitments. These programs offer many benefits and career opportunities, simplifying the lives of many professionals by providing specialised courses that can significantly shape their careers. 

In today’s world, MBA programs for working professionals offer many practical benefits, including flexible schedules, leadership development, and the potential for higher salaries. This blog will explore how these programs can empower you to make a significant difference in your career trajectory.

Types of MBA Programs for Working Professionals

Types of MBA Programs for Working Professionals
An MBA is a prestigious degree sought after by many finance, banking, operations, and marketing professionals. Once you enter the program, you’ll learn from industry experts, experienced mentors, and qualified trainers. In this section, we’ll provide a comprehensive understanding of the different types of MBA programs available for working professionals:
  1. Executive MBA– This one-year program is designed for professionals already ahead in their careers who want to upgrade their educational qualifications for better business knowledge, salary potential, and advanced skills.
  2. Part-Time MBA– In an institution, it is generally called an evening or weekend class that provides contemporary learning. It is designed for working professionals who want to advance their careers while doing their jobs. 
  3. Online MBA– This program is conducted entirely online and covers the whole syllabus of a traditional MBA. It offers flexibility and a convenient learning mode, allowing aspirants to study without hindering personal commitments. 
Now that you’ve learnt the meaning of each type of MBA program, let’s dig into its parameters for better insight:
Parameters  Executive Year MBA Part-Time MBA Online MBA
Eligibility Criteria Bachelor’s degree with a minimum of 50% marks in any discipline. Bachelor’s degree in any stream from a reputed institute with at least 50% of the score. Bachelor’s degree in any subject with up to 50% of marks. 
Duration 12 to 18 months 2 to 3 years 2 years
Required Entrance GMAT, CAT, GRE, etc. XAT, CAT, MAT, CMAT, GMAT, etc. Depends on the university’s eligibility criteria.
Work- Experience 2 to 5 years 2 to 4 years 2 to 3 years
Fees (INR) 4,00,000 to 25,00,000  80,000 to 6,00,000  30,000 to 3,00,000 
Mode of Learning Regular online classes, evening or weekend classes Evening or weekend classes Online classes
Please Note: The fees above vary according to the opted stream or colleges.

Pros and Cons of MBA Programs for Working Professionals

An MBA program is a sought-after career and is highly demanding in the business world. Earning an MBA degree is like a jackpot for many aspirants who want to enhance their careers and develop much-needed leadership and managerial skills to build professional growth. 

This degree is highly valued in the job market and can significantly boost your career. Let’s look at some of its key advantages and disadvantages:

Advantages of the MBA Programs for Working Professionals

 

  1. Skill Development: The MBA program helps working professionals understand their core subjects and gain in-depth skills to expand their marketing, accounting, and finance knowledge. Additionally, it equips them with leadership, strategic thinking, and management skills, which are highly valued in today’s competitive job market.
  2. Flexible Mode: One of the key advantages of MBA programs for working professionals is their flexibility. You can choose the learning mode that suits your schedule, whether regular online classes, evening or weekend classes, or even entirely online. This flexibility empowers you to learn at your own pace without the stress or difficulty of balancing work and study.
  3. Career Advancement: The MBA program is not just a degree, it’s a stepping stone to a brighter future. It equips you with the knowledge and skills needed to excel in various fields like healthcare, finance, operations, sales, management, and analysis. This diverse skill set opens up a world of potential career opportunities, allowing you to align yourself with the current job market and potentially earn a higher salary. 
  4. Personal Growth: Enrolling in MBA programs for working professionals is not just about gaining a degree; it’s a transformative journey of personal growth. It’s about building your confidence, honing your leadership skills, and gaining a deeper understanding of the business market. With an MBA degree, you open doors to exciting career opportunities that motivate you to reach new heights.

Disadvantages of MBA Programs for Working Professionals

 

  1. Time Commitment: As a full-time employee, your biggest concern is time management, which can become challenging if you cannot handle it. Before applying for an MBA program, prepare yourself for its side effects, which come with its advantages. It might look feasible, but juggling your job and studies is the task. 
  2. High Cost: Obtaining an MBA program can be costly, and it might require additional tuition fees that are not affordable for many working professionals. Financial issues can hinder their study and work, making it complicated to advance their careers. However, an online MBA costs much less than a traditional MBA, so plan your budget and choose wisely.
  3. Lack of Classroom Training: MBA Programs for working professionals can cease peer-to-peer interaction and limit interaction with faculty members. Pursuing an MBA degree while working becomes difficult to manage, which is the biggest challenge. It also limits your knowledge of the chosen specialisation. 
  4. Ever-changing Job Market: Digitalisation is evolving in the business market, and the demand for MBAs can vary depending on market and economic conditions. Market trends can fluctuate hugely, impacting an MBA holder’s ability to progress with his degree. To overcome this, aspirants should research and opt for a college that offers an MBA curriculum that aligns with market trends.

Popular MBA Specialisation for Working Professionals

Popular MBA Specialisation for Working Professionals

MBA provides diverse specialisations which can impact your career for a lifetime. Here are the top MBA specialisations to consider for working professionals:

  1. Marketing: In this specialisation, you will learn to oversee the marketing campaign and manage all social media work. It covers significant topics like consumer behaviour, digital marketing and brand management.
  2. Finance: Learning the financial investment and resources to analyse the company’s profit and loss. The candidates also learn to make strategic decisions to ensure the company’s financial health. 
  3. Business Analytics– Analysing data to make informed decisions for the organisation’s welfare. In this specialisation, the aspirants learn to optimise market trends and data-driven decisions for the business market. 
  4. Business Intelligence– Collecting and analysing data for better insight to make informed decisions.
  5. Human Resources– This specialisation involves managing the workspace, overseeing employee relations, and hiring authentic employees to support the organisation’s growth and success.  
  6. Healthcare Management– Managing the business side of healthcare that deals with patient care, operation systems,  and financial efficiency.
  7. Data Analytics– Using statistical tools, this specialisation extracts data to uncover trends and patterns.
  8. IT Management– This specialisation deals with all the IT functions and supports the operation systems. 
  9. Project Management– The process of project execution and reaching its absolute result is the goal of learning this specialisation that prepares you to complete the target on time before meeting the deadlines.
  10. Operation Management– The process of optimisation and designing to deliver efficient production of goods and services.

Best Colleges for MBA Programs for Working Professionals

In India, several MBA programs are available for working professionals who want to hone their skills, apply to industry-based organisations, and improve their careers. Here is the list of top MBA colleges to consider:

Courses

Top MBA Colleges for Working Professionals

Executive MBA

  • OP Jindal Business Education
  • IIM Raipur
  • IIM Rohtak
  • NMIMS Mumbai
  • FMS Delhi
  • Amity University

Part-Time MBA

  • Symbiosis Centre for Distance Learning
  • IIFT Delhi
  • MIT School of Distance Education
  • IMT Centre of Distance Learning
  • KJ Somaiya Institute Mumbai
  • Chandigarh University

Online MBA

MBA Programs For Working Professionals: Potential Job Roles and Salary

An MBA program opens doors to numerous career opportunities and allows the aspirants to grow in their respective fields. MBA aspirants can choose from a list of job roles with average salaries to build their career trajectory. 
Job Role  Average Salary (Annual)
Marketing Manager INR 14,00,000 
Finance Manager INR 16,00,000
Human Resource Manager INR 10,00,000
Business Analyst INR 9,00,000
Business Intelligence Analyst INR 8,00,000
Operation Manager INR 11,00,000
Project Manager INR 10,00,000
Sales Manager INR 12,00,000
Management Consultant INR 24,00,000
Data Analyst INR 9,00,000
Please Note: The salary mentioned is subject to change depending on education, job location, and work experience. 

Conclusion

MBA programs for working professionals have a promising future scope and demand. As digitalisation continues to shape the careers of aspirants, enrolling in an MBA program will help you build your educational pathways and job lives. The skills and knowledge gained during an MBA course prepare you for an industry-based job role and help you establish a better career. 

To learn more about the program, please visit Hike Education, an ed-tech platform that helps broaden your education horizon.

MBA Programs For Working Professionals : FAQs

Q1. What is the difference between a part-time and executive MBA?

A part-time MBA is designed especially for professionals at various career stages who prefer classes during the evening or weekend. 

An executive MBA is for those ahead of their careers and want to pursue further education to build leadership or managerial skills.

Q2. Which MBA Course is best for Working Professionals?

A working professional should opt for executive management of business administration that allows you to take a break from your career and pursue a full-time executive MBA program. However, someone who wants to pursue their career while doing an MBA can also opt for an Online MBA.

Q3. Which MBA is most in demand?

Some of the most in-demand MBA specialisations are-  Finance, Marketing, Information Technology, and Operations.

Q4. Is MBA programs for working professionals worth it?

Indeed. Working professionals can pursue an MBA program to advance their careers while learning leadership and management skills to enhance their knowledge.

Q5. How can I balance work, study, and personal life while pursuing an MBA?

Traditional MBA programs require a practical time commitment to balance work, study, and personal life. Aspirants must choose the right specialisation that aligns with their daily schedule and responsibilities. However, professionals who want to balance studies and work can also opt for an online MBA program.

    Enter Your Details To Get Counselling From Our Experts

    I consent to be contacted by Hike Education via Call, SMS, Email, or WhatsApp, even if I'm registered on DND/NDNC.


    What is MBA in marketing management: Eligibility, Top Colleges, High Salary Job Roles and more

    MBA in Marketing Management: Eligibility, Top Colleges, Salary, Job Roles and More

    Marketing has become crucial in helping organisations fuel their growth and develop new ideas in today’s fast-changing business world. Businesses today look for employees or service providers who are capable of planning for and implementing strategic promotional techniques that can outcompete those of equal trade.

    Mastery of an MBA in Marketing Management enables individuals to shoulder the responsibilities and challenges imposed on marketing managers. But what is MBA in Marketing Management? How does it benefit aspiring marketers? Let’s explore this in detail.

    What is MBA in Marketing Management?

    An MBA in marketing management is a postgraduate degree in business administration that focuses on studying marketing activities and principles. This program deals with different approaches to marketing, including the analysis of market trends and consumer behaviour, brands and advertising, and digital marketing.

    This program combines theoretical approaches with methods of practical strategy, which helps students design integrated marketing concepts.

    While studying, the learners master the newest trends, tools, and technologies used in global marketing. They also get to explore the importance of marketing in providing value to customers and achieving corporate goals. The curriculum usually entails courses such as marketing insights, sales tactics, new product development, and effective global marketing.

    Who Should do an MBA in Marketing Management?

    An MBA in Marketing Management is ideal for individuals who:

    1. Marketing-minded and possess an artistic bent as well.
    2. Wish to have further promotion in their career in marketing.
    3. Eager to have a better insight into the subject that focuses on consumers’ behaviour and market fluctuations.
    4. Aspire to take on leadership roles in marketing and sales.
    5. Seek to enhance their strategic thinking and decision-making skills.
    • Regardless of a person’s position, whether directly out of college or already in the workforce, seeking to gain more knowledge and recognition, this MBA can offer the instruments and accreditation.

    For those wondering what is MBA in marketing management and if it’s the right path, the program is ideal for individuals with a passion for marketing and a desire to advance their careers.

    MBA Eligibility Criteria

    To enrol in an MBA in Marketing Management program, candidates generally need to meet the following criteria:

    1. A bachelor’s degree in any discipline from a recognised university.
    2. A minimum percentage (usually around 50-60%) in undergraduate studies.
    3. Valid scores from entrance exams like CAT, MAT, GMAT, or XAT.
    4. Work experience (preferable but not mandatory) for specific programs.
    5. Personal interviews and group discussions are part of the selection process.
    • The admission methods may vary depending on the colleges that a student is considering, so he or she should look for admissions requirements for the desired colleges. In addition to the provided definition of an MBA in marketing management, there is a need to identify the requirements that are necessary to take this program.

     

    Top Colleges for MBA in Marketing Management

    Choosing the right institution is essential since it will determine your degree of return on the MBA program. Here are some of the top colleges in India offering an MBA in Marketing Management, along with their approximate fees:

    College

    Location

    Full Fees (approx)

    Indian Institute of Management (IIM)

    Ahmedabad

    23 Lakhs

    Indian Institute of Management (IIM)

    Bangalore

    23 Lakhs

    Indian Institute of Management (IIM)

    Kolkata

    22 Lakhs

    Faculty of Management Studies (FMS), Delhi University

    Delhi

    2 Lakhs

    SP Jain Institute of Management and Research (SPJIMR)

    Mumbai

    18 Lakhs

    Note- Given above, the fees may be subject to change in time.

    Top Colleges to Do Online MBA in Marketing Management Course

    Top Colleges to Do Online MBA in Marketing Management Course​

    For those who prefer the flexibility of online education, understanding an MBA in Marketing Management includes knowing the top online programs.

    For students looking to pursue an MBA in Marketing Management online, here are some reputable institutions, along with their approximate fees:

    College

    Full Course Fees (INR)

    Amity University Online

    2.50000

    Manipal University Online

    200000

    Symbiosis Centre for Distance Learning (SCDL)

    100000

    OP Jindal Global University

    300000

    Indira Gandhi National Open University (IGNOU)

    37,800

    Note- Given above, the fees may be subject to change in time. Students can connect to Hike Education official website for further information.

    What are the Job Profiles in MBA in Marketing Management?

    What are the Job Profiles in MBA in Marketing Management?​

    An MBA in Marketing Management opens doors to various high-paying and influential job roles. Understanding what is MBA in marketing management is crucial in appreciating the breadth of opportunities it can provide. Below are some prominent job roles and their respective average salaries in India.

    1. Marketing Manager

     

    A marketing manager is responsible for designing and developing marketing strategies to sell products and/or services.

    They are involved in the planning, monitoring, and strategic direction of campaigns and have market research and financial responsibilities. The amount of money that one is likely to earn when working as a Marketing Manager in India varies between 8 lakhs and 12 lakhs per year.

    2. Brand Manager

     

    Brand managers ensure they keep a brand’s image, and in most cases, they improve the appearance of a brand. Mainly, they are associated with brand positioning, marketing communication and new product launches. 

    The average remuneration paid for a Brand Manager with experience in India is 10 to 15 lakhs annually.

    3. Digital Marketing Manager

     

    The Social Media Marketing Managers manage the firms’ social networking profiles. At the same time, the Search Engine Optimization Marketing Managers promote the firms’ websites on search engines, and the Content Marketing Managers are entrusted with developing the firms’ content marketing strategies.

    The strategies employed by the respective individuals involve using information management to improve visibility in the cyber world. Digital marketing manager salaries vary according to experience and skills but usually fall between 8 to 14 lakhs annually.

    4. Sales Manager

     

    Sales managers are responsible for ensuring annual target figures are achieved, guiding and leading the sales forces, and designing sales tactics. They also look for new entrepreneurial opportunities and meet and manage customer needs. The payment structure for a sales manager ranges from approximately INR 7 lakhs to 10 lakhs per annum.

    5. Market Research Analyst

     

    Market Research Analysts survey the market and consumers to help companies understand the market and respond accordingly. They also offer solutions for better marketing endeavours. The pay structure for a Market Research Analyst in India ranges between 6 to 8 lakhs per annum.

    6. Product Manager

     

    Product Managers are involved with creating and implementing products that different markets offer. They must exhibit qualities that make them suitable for this role. According to Payscale, the average salary for a product manager in India ranges from 10 lakhs per annum to 18 lakhs per annum.

    7. Advertising Manager

     

    Advertising Managers coordinate advertising and branding processes, coordinate with teams to agree on the goals and objectives of advertising campaigns and target the right audience. The remunerations paid to an Advertising Manager in India can thus be said to be average and lie between 8 and 12 lakhs per annum.

    8. Business Development Manager

     

    The duties of a Business Development Manager involve the ability to seek existing and prospective businesses by analysing the market, establishing business relationships with new clients, and planning and formulating growth plans.

    The salary range for a Business Development Manager in India depends on the employer and the industry; it ranges between 7 lakhs to 12 lakhs per annum.

    To fully explain what is MBA in marketing management, students must appreciate these jobs and demonstrate how they can influence business outcomes. Many of these positions also come with high remuneration packages, and the employees are given a chance to grow in their careers.

    To explore the best MBA programs and make an informed decision, visit Hike Education’s official website for expert guidance tailored to your career goals. Unlock your potential with an MBA degree.

    Conclusion

    Understanding what is MBA in marketing management entails is an essential starting point for anyone seeking valuable knowledge.

    This specialisatopn MBA ensures that students have the skills and knowledge to tackle the ever-emerging market trends, from conventional techniques to the present state of stylish approaches like digital marketing. Therefore, graduates should be ready for a future of well-paid jobs provided that they undergo the right course of study

    What is MBA in Marketing Management : FAQs

    Q1. What is MBA in marketing management?

    MBA in marketing management is a postgraduate program course designed to equip students with deep knowledge of the marketing domain, covering market analysis, customer behaviour, brand management, and various forms of online marketing.

    Q2. Who should pursue an MBA in marketing management?

    This MBA specialisation is for people who love marketing and want to enhance their careers in the same field. Those interested in marketing like Directors of Marketing and Sales.

    Q3. What are the eligibility criteria for an MBA in marketing management?

    Entry requirements for an MBA in marketing include a graduation degree, acceptance in Competitive Management Entrance Tests like the CAT or GMAT, work experience, and engagement in group discussions and interviews.

    Q4. Which top colleges in India offer an MBA in marketing management?

    Several premier institutes recognised and accepted by these include:

    1. Indian Institute of Management Ahmedabad
    2. Indian Institute of Management Bangalore
    3. Indian Institute of Management Calcutta
    4. Faculty of Management Studies Delhi
    5. SP Jain Institute of Management and Research Mumbai
    6. Xavier School of Management Jamshedpur
    7. Management Development Institute Gurgaon

    Q5. What are the job roles and average salaries for graduates with an MBA in marketing management?

    A marketing manager heads other positions, including Marketing, Brand, Digital Marketing, Sales, and Product Management, with annual salaries ranging from 6 to 18 lakhs based on the rank or position of the particular employee.

      Enter Your Details To Get Counselling From Our Experts

      I consent to be contacted by Hike Education via Call, SMS, Email, or WhatsApp, even if I'm registered on DND/NDNC.


      The History of MBA Degree: A Journey Through Time

      The History of MBA Degree: A Journey Through Time

      Welcome to a fascinating journey through the history of  MBA degree! Have you ever wondered how the Master of Business Administration (MBA) degree came to be? This blog will take you through its origins, evolution, and how it has shaped the world of business education. By the end, you’ll know all about the history of an MBA and its impact on careers and industries around the globe.

      Key Milestones in the History of MBA Degree

      Key Milestones in the History of MBA Degree
       

      Given below are the key events shaping the history of MBA degree evolution:

      Year

      Milestone

      1900

      First MBA program launched by Tuck School of Business at Dartmouth College

      1908

      Harvard Business School introduces its MBA program

      1950

      Rapid growth of MBA programs in the United States

      1970s

      International expansion of MBA programs

      1980s

      Introduction of specialised MBA programs

      2000s

      Rise of online and part-time MBA programs

      Present

      Emphasis on leadership, innovation, and global collaboration

       

      With a clear understanding of the history of MBA degree, we can appreciate its significant impact on business education and its continued relevance in today’s dynamic world.

      The Birth of the MBA: Early Beginnings

      1. The Industrial Revolution

       

      It was propagated during the Industrial Revolution in the late 19th century as an educational program for business. The 1970s and 1980s were crucial decades in the history of MBA degree as the program began to gain international recognition.’

      Companies were expanding, and society’s demands required management professionals to deal with massive organisations and new ventures. Management education also started at this period and developed into a modern institution.

      2. The First MBA Program

       

      The Tuck School of Business at Dartmouth College introduced the first MBA program in the United States in 1900. This program was a response to the growing need for advanced business education. It marked a significant milestone in the history of  MBA degree, setting a precedent for future business schools.

      3. Harvard Business School’s Contribution

      The first MBA program was developed at Harvard in 1908, setting the standard for business education worldwide. The current convenient vehicle for teaching at HBS is the case method. This innovative pedagogy was hailed as revolutionary at the onset of the MBA movement and remains central to the MBA experience. 

      Harvard’s influence on the history of MBA degree is immense. It popularised it and made it a prestigious qualification.

      The Growth and Expansion of MBA Programs

      1. The 20th Century Boom

       
      The history of MBA degrees saw significant growth during the 20th century. By the early half of the twentieth century, specifically in the 1950s and 1960s, MBA programs had evolved and expanded their stake across the United States. Thus, there was an emergent need for professional managers, and the program expanded its reach as several universities responded to the demand by offering MBA degrees.
       

      2. International Expansion

       

      The 1970s and 1980s were crucial decades in the history of MBA degrees as the program began to gain international recognition. The expansion of MBA education reached new heights as numerous business schools across Europe, Asia, and other regions started offering the program to the global public. This expansion helped foster a healthy, complex, intricate society filled with professional businesspeople.

      3. The Rise of Specialised MBA Programs

       

      MBA programs also changed their forms during business changes and became more developed. The causes of the history of  MBA degree brought about the development of MBA specialities in finance and marketing, healthcare, and technology. These programs enabled students to choose the specialisations of their MBA courses about various sectors, thereby making the MBA course even more beneficial.

      Modern MBA Programs: Adapting to a Changing World

      1. Online and Part-Time MBA Programs

       

      In the recent past, the MBA degree has undergone several changes, including the development and widespread use of online and part-time programs. There are abundant opportunities for flexibility that ensure working professionals do not have to quit their jobs to attend MBA schools. Online programs have contributed to MBA accessibility for international students wishing to earn their degrees.

      In recent years, the history of MBA degrees has seen the rise of online and part-time MBA programs, offering flexibility for working professionals. Some of the best online MBA programs are available at Amity University, Manipal University, Symbiosis, OP Jindal University, and many more, making quality education accessible globally.

      2. Focus on Leadership and Innovation

       

      Current MBA schools stress leadership, creativity, and ventures. The curriculum is structured to prepare the learners to work effectively in the challenging business environment of the current world. The development of the MBA degree is a sign of an expanding view of how to teach management, which has moved away from being solely a technical curriculum to incorporating more interpersonal and moral aspects of leadership.

      3. Global Accreditation and Standards

       

      Standard-setting bodies such as the Association to Advance Collegiate Schools of Business (AACSB) and the European Quality Improvement System (EQUIS) are essential in ensuring the high quality of MBA programmes. BGSOC members’ accreditation is necessary to guarantee that business schools deliver quality programs, thus adding reliability to the MBA degree.

      The Impact of MBA Graduates on Business and Society

      MBA graduates can have positive impacts on businesses and society in general. Let’s explore some of them:

      1. Career Advancement

       

      When one considers how the MBA degree has developed throughout the years, one can identify the promotion of career growth as a critical factor. Due to the popularity of the MBA, most of its recipients have leadership responsibilities in most organisations. An MBA degree provides employability for various fields through the skills and knowledge imparted to candidates while pursuing the program.

      2. Entrepreneurship and Innovation

       

      Many MBA graduates become successful entrepreneurs by taking stiff business risks and chasing growth. The narratives from completing an MBA degree are rich, with many examples of true success and dynamic entrepreneurs who have impacted the business world through start-ups.

      MBA programs promote an environment of new venture creation, as students are encouraged to develop innovative ideas worth betting on.

      3. Social Impact and Corporate Responsibility

       

      Today’s MBA programs also focus on social and company responsibility. Until recent years, graduates have been unduly preoccupied with the financial returns of business policies and plans. They have not been given similar stimulus to contemplate the favourable incidence of their policies and plans for society.

      It is essential to understand this aspect of the history of MBA degree, which concerns the transformations of the role of business education aimed at ethical and sustainable change.

      The Future of MBA Programs

      The Future of MBA Programs

      1. Technological Advancements

       

      The future of the history of MBA degrees continues to be incorporated with technological advancements. Technological advancement is inevitable; thus, MBA programs require change by embracing advanced technology in instructional tools or methods to meet the ever-evolving market.

      This will bring about positive changes for the future, starting with creating competent graduates who can face the problems and complexities of the digital world.

      2. Global Collaboration

       

      Another significant trend in the history of MBA degree is globalisation. New developments in this area include alliances between business schools and other institutions in various parts of the globe for twinning and exchanges. This comprehensive approach to MBA learning provides students with a global outlook on today’s interconnected business world.

      3. Lifelong Learning

       

      Learning as a continuous process throughout the life cycle is one of the issues that has received a boost in the history of MBA degree. Through knowledge, business professionals must ensure that they develop skills to be relevant in the constantly changing market.

      MBA programs are evolving to offer alumni ongoing education and support, helping them navigate their careers long after graduation.

      Conclusion

      The existence of an MBA degree is quite an interesting topic in terms of telling the story of establishing and developing this degree and giving vital evidence of postmodernism in action. Initially offered in only a few specialised universities, such as Dartmouth College MBA, the concept has evolved over the years to provide a standard for MBAs worldwide.

      No other system in the world has given careers to numerous people and revolutionised industries all over. The history of the MBA degree is to help students learn more about this type of degree so they can ask for it when it comes to advancing their careers in the business world.

      To explore the best MBA specialisations and make an informed decision, visit Hike Education’s official website for expert guidance tailored to your career goals. Unlock your potential with an MBA degree.

      History of MBA Degree: FAQs

      Q1. What is the origin of the MBA degree?

      The MBA program was started at the Tuck School of Business at Dartmouth College in 1900 to address the need for skilled managers during the Industrial Revolution.

      Q2. How did Harvard Business School influence the MBA degree?

      In 1908, Harvard Business School launched an MBA, which helped establish the use of the case method with students and emerged as the global model in business education.

      Q3. When did MBA programs start gaining international recognition?

      MBA programs got more attention in the early 1970s and 1980s, and during this period, most of the business schools in Europe, Asia and other parts of the world started offering MBA programs.

      Q4. What are some modern trends in MBA programs?

      Contemporary tendencies comprise the popularity of such online and part-time MBA programs, the stress on leadership, innovation, international cooperation, and mastering a continuous learning perspective.

      Q5. Why is the MBA degree valuable for career advancement?

      The MBA degree is worthwhile because MBA graduates acquire critical skills for doing business, get access to leadership roles, and grow a network of contacts.

        Enter Your Details To Get Counselling From Our Experts

        I consent to be contacted by Hike Education via Call, SMS, Email, or WhatsApp, even if I'm registered on DND/NDNC.