Even though much has been said about the benefits of attaining a Master in Business Administration (MBA), aspiring candidates may often still be unclear what factors should influence their choice of business school. This often leads to indecision, which holds them back in their quest for advancement.
While coming to a decision on which MBA programme to pursue might seem daunting, you should see this a chance for you to really explore your needs, goals, and interests, both personally and professionally. To help bring clarity, here are 6 criterias you should consider when choosing an MBA programme.
1. Career Goals
While getting your MBA is a significant investment in time and resources, the right degree can help elevate your career to a whole new level. This is why you should map out your career path, even before you start picking an MBA programme. In doing so, you will develop a clearer idea of what you need from a MBA programme, and this will make your choice easier.
Even if you’re not in a rush to put your career development path down in writing, you should know that your MBA application will likely ask for a statement of intent. So take your time and give some serious thought about your future. This is more or less a soul-searching process. Be realistic, clear, strategic, and passionate. Above all, make sure your vision is linked together with your background, experience, and accomplishments.
There are a wide range of global university ranking reports out there. The more prominent ones include Times Higher Education, The Financial Times, Bloomberg, and The Economist. Rankings will vary from one publication to another, since each would have its own criteria and ranking methodologies. And while university rankings should be not be your sole criteria for choosing an MBA, they can help you narrow down which programmes you should consider.
Besides being one of Australia’s leading universities according to Times Higher Education (2016/2017), Murdoch University is also listed as one of the A*Star (Agency for Science, Technology and Research) Scholars’ choice of University. This puts it in good company with world-renowned universities such as Yale, Brown, Princeton and Harvard University that are also part of the list.
3. Helps You Get Ahead
While studying at business schools with AACSB, AMBA and EQUIS accreditations can offer a certain mark of prestige, it is also important to consider if the MBA programme can provide you with a high degree of academic rigour to get you ahead in your career.
In this regard, Murdoch University is widely recognised for providing strong support to its postgraduate students. In fact, it is one of the few universities in Australia to be awarded the top five-star rating for resources available to postgraduate students, by the Council of Australian Postgraduate Associations (CAPA, 2010). Separately, the Dean from Murdoch University Dr Peter Waring is based here in Singapore to maintain high standards of academic delivery.
4. Programme Structure
A good MBA programme should offer students a combination of learning and assessment methodologies. In this regard, the MBA programme from Murdoch University is a coursework programme that encourages practical application of knowledge gained.
Such coursework is invaluable in bridging the gap between the classroom and the professional world, helping students develop critical skills and thinking that will benefit their work.
Overall, students will receive the best of both assignment and examination based approaches, with assessment through a combination of in-class participation, written assignments, individual and group projects, interim and final examinations.
5. Fits Your Schedule
In most cases, you will be pursuing your MBA while balancing professional work and family life. As such, it’s important to find a programme that is flexible and lets you plan your own study schedule at your own pace.
The MBA programme from Murdoch University consists of 8 modules that can be completed within 12 months. Such a modular approach is ideal for busy students, as they can focus on completing one unit before starting another. Each unit is also supported by contact hours conducted on weekday evenings and weekends to suit the busy schedules of students.
6. What Recent Alumni Say
The proof is in the pudding they say.
As a graduate of Murdoch University, you are automatically part of the Murdoch alumni family, a growing international community of over 60,000 alumni. If you can, check out what recent alumni of the MBA programme have to say about it. They would be able to share with you how the programme has benefited their career, whether it’s helping them to get recognised and promoted faster, or providing them with the platform to embark on new careers. In the case of the MBA programme from Murdoch University, local graduates have found it beneficial for their career prospects.
For those looking to get ahead in the competitive business world, an MBA programme can provide you with the skills, knowledge and recognition to accelerate your career. If you’re looking for more information on the Murdoch University MBA offered at Kaplan Singapore, you can start by registering for the preview session to understand more about the programme.