For those wishing to take their careers to the next level, an MBA can be the key to accelerated progression. From the outset, MBAs aim to prepare students for the task of senior management roles in business, and unlike a specialised Masters, they offer a broad curriculum drawing from the fields of psychology, economics, accounting and finance.
This interdisciplinary approach makes MBAs valuable in sectors across the board. For many, MBAs are a pathway to careers in Finance and Consulting, but MBA graduates are excelling in many fields, as evidenced by their strong representation in sectors, including manufacturing, healthcare, public service, energy and consumer goods.
The benefits of acquiring an MBA are clear: 96 percent of employers agree that hiring MBA graduates adds value to their companies and in early 2017, the Financial Times reported that MBA graduate salaries had increased a record amount, reaching an average of US$142,000 three years after graduating from one of the Top 100 MBA courses. Furthermore, a survey carried out by the Graduate Management Admission Council has shown that those who stick with the same employer after graduation generally receive significant post-degree benefits, including salary increases (47 percent), increased responsibilities (46 percent), and promotions (39 percent). MBAs open up unique opportunities for career progression that are invaluable to ambitious professionals.
Aside from the financial and material gains, MBAs are a great way to boost personal development, not just as a professional. One graduate wrote in the Financial Times that she “made more progress in personal self-development in her two years at university than she did for all of the years of her life prior to the programme”. This could be to do with the strong emphasis on collaboration and teamwork that MBAs include. Through team work and role playing activities, students become skilled at building rapport; leadership and co-operation – vital skills in any field. It’s not unnoticed by hirers either. Employers report that MBA graduates have a high level of credibility, are extremely confident and are highly-influential over their colleagues.
It’s no secret that good networking is a vital building block of a successful career, and undertaking an MBA will provide you with fantastic opportunities to build relationships with other professionals. From your teachers to your classmates and guest speakers, the connections you can make are truly unique and can help you in endless ways throughout your career. As one graduate reported, “after what you go through together, the partnerships you forge during your MBA are for life – you can find a business partner, a mentor, a friend, and endless career opportunities.”
With numerous choices for MBA study, it can be hard to know which university offers the best programme for students. Situated close to Manchester city centre, University of Salford is a great choice. The Salford MBA is one of the few qualifications of its type to be fully-recognised by the Association of MBAs (AMBA), an accolade that only two percent of universities worldwide can claim. This AMBA accreditation is a guarantee of confidence in the quality of teaching at Salford, and graduates benefit from lifelong membership of AMBA, granting access to events, job vacancies and networking contacts.
During the course, students study four modules along with a three-month work-based project. In addition to the core modules students specialise with a pathway that delves deep into a particular field. Participants choose from Strategic Leadership, Digital Business, Sports Business or Executive Education Leadership.
Though much of the learning takes place in the classroom, there are also a number of guest speakers who visit throughout the course. The programme finishes with a three-month consultancy project based around a real issue in your own or another organisation, giving students the opportunity to apply what they’ve learnt to real life situations.
Teaching is delivered by experts in their field who have moved into academia after success in their industries. Learning through a combination of lectures, seminars and tutorials, students benefit from the faculty’s strong links with the business world and a teaching style that is practical, relevant and industry-focused. Graduates of the Salford MBA have gone on to enjoy roles in large multinational organisations up to the levels of CIO, COO and Senior Vice-President, while others have progressed to execute business ventures of their own.
Salford produces graduates who are internationally-minded and comfortable dealing with a wide range of cultures. Lava Mohamad, a Salford MBA graduate tells us, “What I liked the most about the MBA was that we had many students from different backgrounds and different age groups. I have learned a lot from my fellow colleagues as they had different views about the business world.” As well as joining a vibrant multicultural postgraduate body, MBA students at Salford go on a weeklong international study trip to develop their awareness of international business.
Manchester is well-known as a hub for business and culture. Students at Salford enjoy a central location while also surrounded by 40-acres of green parkland, and in a city with the largest student population in Europe; with over 100,000 making this their second home, there’s no shortage of things to do in free time away from studying. Manchester offers fantastic nightlife; cultural events; shopping; and dining opportunities, and is close to the national parks of the Peak and Lake Districts.
The University of Salford is the perfect place to take that next important step in your professional development. “Doing an MBA, for me was the opportunity to create my dream company and watch it grow. Through the aid of our wonderful tutors and Business School’s administration team my dream is being actualised,” says Samuel Otigba, former student and founder of the Treadler app.
If you feel like you’re ready to rise to the challenge you can find out more by attending one of the upcoming webinars taking place during 2018, with a former MBA student joining the event on February 08, 2018, to inform and inspire with their tales of success. You’ll have to opportunity to speak to the heads of the programme; learn more about the modules covered in the course; discover what previous Salford MBA graduates have gone on to achieve; and have the chance to get answers to any questions you have.
To register for any of the upcoming webinars, click here.