YOUR BUSINESS SPRING 2019 - 249
Business courses
Your learning doesn't have to end
there, of course, but undergraduate
programmes give you knowledge
you can develop within a business.
How long does it take? A fulltime BBA course takes three years
but there may be part-time or
distance learning options. Many such
degrees also offer work placements
that last six to 12 months.
What is required? Each highereducation institute sets its own entry
requirements, but typically you'll
need three A-levels or equivalent.
Did you know? Business
administration, with its core
subjects of finance, management
and economics, isn't the only
business-related subject. Many
universities offer more specialised
degree programmes, including
human resource management,
accountancy and marketing.
Where next? Visit ucas.com.
Master's degree
What? A master's degree in
business administration (MBA) is a
postgraduate degree covering key areas
such as management, finance, human
resources, accounting and marketing.
Why? It's a great way to improve your
business knowledge, and the skills
you acquire can be implemented into
your job or business with immediate
effect. Having an MBA is likely to
The typical length of a
full-time MBA is two years
increase how much you earn too. A
survey by the Association of MBAs
found that the average salary of a
person with an MBA is £82,000.
How long does it take? The typical
length of a full-time MBA is two years,
but there are part-time programmes
available. Many MBA courses also
offer distance learning options.
What is required? MBA courses
usually require previous degreelevel study and work experience,
typically of at least three years.
Did you know? An executive master's
degree in business (EMBA) is available
for business managers and executives
who typically have 10 or more years'
experience in business. It covers the
same principle subjects as an MBA, but
tailors it to executive-level students.
Where next? See the Association
of MBAs website at mbaworld.com.
Hands-on
learning
You can learn the basics of
business while you work, says
Dr Stephanie Hussels from
Cranfield School of Management
The practical elements of an
apprenticeship allow for a new style
of learning where the focus isn't
only on gaining new knowledge
and skills, but fundamentally on
how these can be applied within
the sponsoring organisation to
drive growth and innovation as
well as succession planning.
It's never too early to study
business, as the skills learned will
be applicable in the future and
shape your thinking. However, the
benefit of doing an apprenticeship
while you're running your
business is that you can apply
your learning straightaway.
Cranfield offers courses across the
entrepreneurial lifecycle, from startup to exit. We also host Venture
Day, our annual entrepreneurship
conference, bringing together a
vibrant network of entrepreneurs,
investors and advisers.
249
http://www.ucas.com
http://www.mbaworld.com
YOUR BUSINESS SPRING 2019
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https://europe.nxtbook.com/emp/EMP/jobsandcareerswinter2020/21/jobsandcareerswinter2020
https://europe.nxtbook.com/emp/EMP/yourbusinessmarch2020/yourbusinessmarch2020
https://europe.nxtbook.com/emp/EMP/YOUR_BUSINESS_Spring2019
http://europe.nxtbook.com/emp/EMP/2016SixnationsGuide
http://europe.nxtbook.com/emp/EMP/NationalExpress
http://europe.nxtbook.com/emp/EMP/SixNationFeb2015
http://europe.nxtbook.com/emp/EMP/National_Express_2013
https://www.nxtbookmedia.com