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Most people who work in business start off in a functional area such as Finance or Human Resources and are later promoted to a management position with little knowledge of what's really involved. At this point they often decide to enrol for an MBA course in order to improve their management skills. However MBAs can also be useful to recent graduates and can reduce the time it takes them to achieve a management post. MBAs first appeared in the United States in the late 1800s and for many years they were an exclusively American qualification. The first European MBAs appeared in the 1940s and the number of courses in Europe, particularly in Britain, has grown ever since. Many people perceive a European MBA as being superior to an American one, as they are often more academically rigorous and generally incorporate a substantial thesis. European MBAs are highly attractive to overseas students as they allow them to live and work in a European city before returning to their own country with a valuable qualification and the practical skills needed to take part in business ventures with European partners. To meet the needs of prospective students, MBAs are generally offered in both full-time and part-time modes. In recent years they have also been offered by distance learning, initially paper-based but increasingly online. They can be studied in a whole range of locations, but many people like to study in a major European capital like London or Paris. London is a particularly attractive destination due to its cosmopolitan nature and it also gives students a chance to improve their English while studying for their degree. An MBA programme usually covers a range of areas, including Human Resource Management, Financial Management, Business Law, Marketing Management and Project Management. Some courses are general in nature, while others allow students to specialise in areas such as Finance, Branding or Marketing. Entrepreneurship is a popular option as it is of great interest to students who wish to start their own business. The thesis is an important element of an MBA as it allows students to gain expert knowledge and experience of a particular business area and to establish contacts who will be useful in their future business career. Most theses are research-based, so MBA programmes generally include courses in qualitative and quantitative research methods to prepare students for carrying out their research. Anyone contemplating a career in business, or anyone who has just been promoted to a management position should certainly give serious consideration to doing an MBA to improve their management skills and to demonstrate their commitment to building a successful career. Article Source: http://www.articlewheel.com
Peter Brown is Founder and Principal of London Graduate College of Management, a well-known international business school. He is also author of a blog entitled Learn in London.
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