Maximizing the MBA Potential
by Qs World Mba Tour | 4/30/2015
While the demand of Employers for MBAs continues to grow in both the Middle East and Latin America, according to 2014 QS TopMBA.com Jobs & Salary Trends report, overall global growth is forecast by employers to reach 12% in 2015.
Yet, after factoring in tuition, living expenses, and two years of forgone salary, an MBA from a top US program can easily cost $350,000. And while MBAs still earn far more at graduation than they did in their pre-MBA jobs, there is a surge in options to maximise the return on MBA investment, and lower the initial outlay.
One way to mitigate the substantial outlay is to opt for a part-time over a traditional full-time two-year MBA, where one can remain employed full-time while attending classes at night or on weekends, essentially reducing the opportunity costs to zero. Others opt for full time one-year programs, a format commonly occurring in Europe in order to reduce costs to prospective MBA holders.
Yet the fastest rising phenomenon within global MBA education is the demand for online and distance MBA programs. The latest QS TopMBA.com Applicant Survey Research shows that the proportion of prospective MBA applicants interested in online and/or distance learning programs stood at 27%, up from 23.5% the previous year and from just 4.4% in 2008.
On 26th March 2015, the new edition of QS Distance Online MBA ranking confirms for the third consecutive year, Spain’s IE Business School at the top spot, with programs from 7 nations represented in the top 25. The nature of these programs not only reduces cost, but increases global access to MBA education of a quality coveted by employers.
“The increasing sophistication and variety of online and distance learning options means a growing number of candidates are now pursuing the opportunity to gain a world-class business education without the need to relocate or take a career break,” says Nunzio Quacquarelli, managing director of QS.
“This ranking offers candidates a level of assurance about the relative quality of these programs that has been unavailable in the past,” Quacquarelli continues. “This year’s results show that employers are increasingly considering candidates from the top online and distance programs as part of their recruitment strategies.”
On the 16th of May, the QS World MBA Tour will come to Dubai at The H Hotel, giving those interested in the rewards of an MBA the chance to meet in person admission directors and representative from MBA programs around the world, whether full time, part time or online curricula. The participating universities include Amity University, Durham, HULT, IE Business School, IIM – Ahmedabad, Manchester, Oxford, Saïd, S P Jain- Dubai, Univ. Miami and many more. Attendees will also be able to perfect their admissions strategy and CV presentation with advice from experts, meet with program alumni to learn about the variety of experiences available, engage in panel discussions with admissions directors, explore program options, as well as attend seminars providing information on scholarships and the application process.
All attendees will be eligible to apply for US$1.7 million in exclusive scholarships offered by QS and partner institutions. Additionally the first 200 attendees will be eligible for a complimentary copy of the
QS TopMBA Career Guide.
Registration now open for the opportunity to discover your potential with an MBA in Dubai at topmba.com/deg