Why Mba?
Traditionally, having an MBA meant that you were one of an exclusive group of highly selected students who had survived a rigorous academic programme, with a strong emphasis on quantitative and analytical skills. While you might have little or no organisational experience, you were confident in your ability to solve problems, and expected a correspondingly high salary on appointment.
It is clear from the numbers above that an MBA is no longer a mark of exclusivity. But paradoxically the massive expansion in MBA provision has, in many ways, made the qualification more attractive to employers. This is because of a shift in emphasis in MBA content, and a major change in those studying for the qualification. Both changes were pioneered primarily in the UK, where the typical student is now in their late twenties or thirties, has considerable management experience, and is more likely to be studying while working (via part-time, executive or distance learning programmes) rather than......
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