Byline: BY DAVID WHINYATES
THE Master of Business Administration degree is internationally recognised and seen as a passport to a successful management career.
It is the world's most popular postgraduate degree. Around 90,000 MBAs graduate in the US each year. The UK, with more than 10,000 graduates annually, produces the highest number of MBAs outside North America.
The first MBA programme was established in the USA in the early 1900s and was introduced into Europe in the 1960s, with the founding of IESE in Spain. London Business School and Manchester Business School followed.
In the USA, full-time programmes are generally two years, while in Europe, full-time study can take anything from 10 months to two years. Thousands of universities and colleges offer the MBA. Increased globalisation and changing lifestyles has led to schools offering more flexible ways of learning, either via distance learning or part-time study.
Whether it's a part-time, modular, distance learning, in-company or consortial MBA, the right programme is out there. Many employers now offer the MBA as part of an internal career development programme and have developed strong alliances with business schools and management colleges in order to develop and retain top talent. …