June 2017

MBA - The Next Step?

MBA

An MBA (Master of Business Administration) is a great asset to have on your CV. It increases your employability, teaches you real-world skills that can be invaluable when seeking to occupy responsible roles in organisations, and provides you with a ready-made network of people who are equally as ambitious as you are to succeed.

Here at LSBM, we are proud to offer a mature MBA programme that has been honed and polished over many years to offer a great learning journey for our students.

It provides you with all the resources and support you need to make sure that you make a success of your studies, and are able to confidently look forward to the next step in your career.

One of our recent MBA graduates, Anais Cornault, commented about her experience of the course:

"Before my MBA, I didn't really know what I wanted to do as a career. The MBA programme taught me a lot about myself and facilitated me to develop strong communication and organizational skills; which I needed to land a job in sales.

I am currently working in IT sales for a cybersecurity company and am enjoying it!

I would recommend this MBA programme to anyone who wants to acquire business skills to either work for a company after the completion of the course, or to start their own business."


Five Key Benefits of Taking an MBA

Anais's experience serves to illustrate five key benefits that an MBA can help to deliver:

1/ Provides you with time to plan your career while doing something worthwhile.

2/ Develops core skills in communications and business strategy, as well as improving your ability to be goal-focused and organised.

3/ Helps you with getting on the next rung of the career ladder or with changing careers.

4/ Allows you to instantly network with a group of similarly success minded individuals who you can learn and grow with.

5/ Provides a broad-spectrum education that can allow you to pursue your entrepreneurial ambitions, safe in the knowledge that you now have a firm foundation of business expertise to make a success of whatever venture you choose to go after.


It also alludes to one of the main selling points of the Master of Business Administration (MBA) programme at LSBM (as well as our amazing location in the heart of London), which is that we offer one of very few MBA courses in the UK that doesn't require students to already have industry work experience before they join the course.

This is because we recognise that people who are considering taking an MBA course are often at different stages in the development of their careers.

We recognise that sometimes clarity of purpose comes from looking before you leap, and that you may want to explore the lie of the land through studying an MBA, prior to actively pursuing a career path.

 

Clarity of Purpose - The MBA as a Guidebook to Career Success

Clarity of purpose is important in any life endeavour. Ultimately, if you don't know which direction to travel, then wandering around aimlessly isn't going to help you to get anywhere. But one of the aspects of doing an MBA that is not often talked about is the fact that it can offer clarity by essentially giving you a guidebook.

MBAIf you are standing at a life crossroads and deciding whether to pursue a sales career, start a business, focus on the financial side of business, or dive into the world of manufacturing, then an MBA can be an ideal way to get 'guidebooks' for each of those possible life journey plans.

Once you have those guidebooks then you are in a much better position to know if the career you have been thinking about pursuing is worth all the sweat equity it will take to be successful.

To step into the spotlight of a new career it is sometimes easier if you at least have an idea where the boundaries of that career lie, where you will need to gain extra experience, and have some idea of the skillsets you will need to develop.

 

MBA - The Value Equation

It is also important to include a rational cost/benefit analysis of what you are willing to pay and do in order to study a particular course.

For example, the Wharton MBA in Pennsylvania is famous the world over for having a heavy finance focus. So, if you are looking to enhance a career in finance, and can afford the over $200,000 (approx. £150,000) overall cost, are willing to move to the USA and can spend two-years studying an MBA, then it would certainly be a great choice for a Finance professional.

However, not everyone is in a position to spend £150,000, move to the USA and commit two-years of their life to studying an MBA.

Fortunately, there are other choices.

MBA

The LSBM MBA lasts a year and costs only £10,000 in fees for UK/EU students (£15,000 for International students).

But while it only takes half the time and costs a fraction of the 'leading' MBA schools, you will still leave with the same basic qualification, enjoy studying in the world's number 1 financial centre, savour the buzz of London and gain friends and insights into business that will last you a lifetime.

The Chinese Philosopher Lao Tzu said, "A journey of a thousand miles begins with a single step".

In truth, getting started can sometimes be hard. It can be difficult to overcome procrastination and simply accept that you aren't sure in which direction to take the first step in your career. For people who are faced with a compass of choices that seems to swing in all manner of directions, it can be useful to stop, draw breath and 'take a bearing' on where you currently stand.

If you would like to do that by pursuing an MBA with us, we would love to hear from you :-)

You can find out more details about our Master of Business Administration (MBA) here:

http://www.lsbm.ac.uk/graduate-mba

The next MBA programme starts in September 2017 and you still have a chance to be accepted on this popular course if you apply quickly.

If you have questions you would like answered about the MBA (or any of our other courses), then you can fill out an enquiry form here - http://www.lsbm.ac.uk/enquiries.

Alternatively, you can call our friendly student recruitment advisors right now on 020 7078 8844.

Hope to see you in September!


Stuart Brown
Media and Content Manager

Partners and Accreditations

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