MET: Part Time MBA

MET: Part Time MBA

Is there a particular reason you are constantly overlooked for promotions on a consistent basis? Are you often questioning the veracity of how good you really are at your job? Is there some particular skill you find lacking in your professional life that may help in career advancement? If your answer to any of the aforementioned questions is yes, then a part time MBA may be just the programme to look into.

What is a part time MBA?

A part time MBA is a Masters inBusiness Administration Course for working professionals. Depending on the institution, it may be a 3 year course, with classes at such times as to fit in with a working professional’s schedule. This is particularly beneficial to full time, salaried individuals who are looking to upgrade their educational qualifications without taking a sabbatical from work.

What is the fundamental difference between a regular MBA and a part time MBA?

Other than the duration of the course and its teaching methodology, there are literally no differences between a full time and a part time MBA. The efficacy of the course lies in the teaching and absorption of the imparted knowledge and this is the main reason why many working professionals prefer doing an executive or part time MBA.

What are the benefits of a part time MBA?

Part time MBA has several benefits. The most salient of them are listed below.

1.      Networking Opportunities: Your classmates in a part-time MBa classroom will most likely be professionals like yourself. Proximity to fellow working professionals leads to bonding and this can go a long way in helping you further your own interests. As working individuals, you know that the best way to make a productive career move is through networking. Working together with these individuals will be the most productive ‘job interview’ you will ever give. This simply means that if you impress your peers, they could open doors for you.

2.      Career Advancement: Companies prefer promoting their own employees to positions of importance and your part time MBA is a ticket into the big time. Most students who complete a part time MBA are known to make a vertical leap in terms of their career shortly after having completed their degree.

3.      Company reimbursement: Many companies look upon a part-time EMBA as part of their rewards, training and incentives package. A company investing a sizeable portion of money in you therefore, will be expecting results, which basically means that whenever there is talk of a promotion, your name will automatically be thrown into the mix. In case your company does not have this as a matter of policy, remember to look at a part-time MBA as an investment, rather than an expense. In a recent survey, it was found that people who did complete a part-time MBA were able to pay off an education loan they’d taken for the purpose in a matter of 3 years of their graduation, despite maintaining a more than comfortable lifestyle.

4.      A positive impression: Always remember that an impression always goes a long way in life and the fact that you are pursuing a part-time MBA will only add a sheen to your resume. Not only will people think of you as intelligent, but the professional degree your pursuing will also open doors for you in the future.

Education is an investment that never goes to waste. This simply means that however ‘expensive’ you may perceive a part time MBA to be, it is always worth the returns

MET: Executive MBA

MET: Executive MBA

There’s an old saying, “Education is its own reward.” Nowhere is this truer than in the case of an MBA degree. Whether you’re pursuing a full time course or an Executive MBA, as many professionals with career ambitions today are, the apparent value of an MBA degree is there for all to see. While an Executive MBA isn’t the only prerequisite for career advancement, it is an extremely important determinant in how far you could go in making a mark for yourselves in your career.

The following are the salient benefits of an Executive MBA programme from a recognised and reputed institution.

1.      Better rate of incremental income: An executive MBA is an expensive proposition, sure. But most EMBA students also see a bare minimum year on year increment of around 14%. This is just the tip of the iceberg and in essence the beginning of a long and productive career, On an average, an executive MBA, from a reputed institution pays for itself within a year and a half of graduation. The upper limit on salaries and increments are completely up to the individual in question.

2.      Inculcates better all round skills: The knowledge imparted in an executive MBA classroom is being given to students who already have access, on a daily basis to situations where this knowledge can be tested on a daily basis. An EMBA also gives students the access to some of the industry’s brightest minds and enables them observe the leadership style each doyen comes in with. This means an inculcation of better all round skills and the access to real world situations to test these skills in, which leads to a better grounding.

3.      A sense of innovation: Being able to think on the fly and adjust to high pressure situations, by being flexible and innovating, is one of the traits that EMBA graduates are renowned for having. This happens primarily because of the circumstances of the teaching methodology and curriculum also the application of learnings to business situations on a daily basis.

4.      Greater perceived value: An organization that already shares a comfort level with an individual, is more likely to promote said individual from within itself. An individual opting for an EMBA ensures that the powers that be, notice his/her drive and ability to multi-task, two very important parameters in a promotion situation. A company perceives an EMBA graduate as greater value, because he or she is from within the company and is therefore available to the management on a more full time basis, is known to have greater and more contemporary knowledge and market intelligence and are hungry to prove their worthiness. This makes them indispensable in the long run.

5.      Easier to speak the Glocal language: In the age of ‘Think Global, Act Local’, the way business speaks has also changed, this means that many of the precepts that held true even 5 years ago are obsolete. An EMBA programme is tuned withan eye on both the present and the future and is geared to equip a professional with the tools to understand, associate and speak the language of the ever evolving business scenario.

An executive or EMBA is an excellent way for a professional to update their skills and education with the aim of forwarding their careers and job profiles. While a top EMBA is an expensive proposition, it is an attractive options, as the benefits far outweigh the costs.

MET: MBA in Finance

Whenever you think about a business there are three main functions that come to mind. Marketing, HR and Finance are the three main pillars of traditional business. While marketing and HR are integral to the product and human component of the business, it is finance that greases the wheels of modern commerce and ensures that all other components of the business spectrum are running cohesively. For an MBA in finance an individual must obviously be good at crunching numbers, but skill such as reading trends, predicting rallies (in stock markets) and interpreting policy decisions in monetary terms can all be acquired along the way and a niche as more than just ‘the finance guy’ can be carved for an individual.

What does an MBA in Finance mean?

As stated earlier, an MBA in Finance programme takes the number crunching abilities of a candidate and further polishes it. Students often choose a specialization during the second half of these 2-year programs. In two semesters therefore, a student is exposed to the industry standard of financial accounting, planning, budgeting, preparing balance sheets and other important financial functions. During the phase of specialisation, a student will often get to intern with leading firms, in their respective finance departments, therefore getting to apply the knowledge they’ve acquired over the course of their programme.

What does the curriculum of an MBA in Finance revolve around?

An MBA in Finance hopes to churn out a well rounded business thought leader in the realm of finance. So while the first few months will focus on the basics of business training, an institution that offers a solid MBA in Finance will plunge a student into the world of corporate finance with little delay. A good programme may also allow students to choose a specific focus in their financial education, such as commercial, investment or real estate studies. Topics commonly taught through a finance MBA program include:
● Stock market analysis
● Foundations in finance
● Global economy
● Financial instruments
● Futures and options
● Market trading and volatility
● Risk management
● Bankruptcy
● Corporate finance
● Investment banking





Learning on the job:

Finance as a specialisation isn’t every candidate’s cup of tea, and even though it is a mighty sought after course, learning on the job or at an internship is of vital significance, because it is of the essence to test the knowledge acquired in school, vis-a-vis real world situations.

Potential Growth:

In terms of salaries, in a survey done in March 2014, high payscales were reported for MBA-holders in a variety of financial professions.

● Finance analysis managers earned a median annual income of $81,250,
● A CFO chief financial officer's median annual wages stood at $117,415.
● Entry level MBA saw a take home salary of $58,000 a year
● MBA’s  with 5 or more years’ experience looked at a take home of anywhere between $85,000 and $95,000 a year

All figures are for Fortune 500 companies, as of April 2014, on PayScale.com