Having an MBA (Master of Business Administration) degree can help employees in advancing their careers, argues this article, especially in the current competitive market where companies only want to retain those who can offer more.
Unlike other master degrees, the MBA is post-experience qualification. The learning is largely built on the experiences that the students have had in the work place. Besides the compulsory subjects, most schools offer elective subjects for students to choose according to the goals or the business sectors that the students are in. The general subjects include production, marketing, finance, economic, accounting, management information system, human resource development, etc.
MBA programmes continue to evolve over time in order to capture the current business concerns. Corporate Social Responsibility is the example of a new development that MBA programmes offer to students. As Neela Bettridge, director of Article 13 explains, shareholders are now concerned not only with the traditional aspects of business but also with the impacts that companies bring to the society. Xavier Mendoza, Dean of the Spanish Business School ESADE, says that corporate social responsibility has been added to the academic agenda as a response to both market and society’s expectations.