MBA, One-Year (1 year)
||12 month program that meets 2 evenings a week.
Immediate application of new knowledge and skills to your current
|Areas of Study
- General Management
|Joint Degree Offered
||Minimum Total: 450
|Tuition & Fees
||Total Program: USD 30,000
|Financial Aid Availability
||Financial aid available, contact school for more information
|Start Dates &
This program accepts rolling admissions.
||Program Size: 35 - 40
||Average: 9.5 Years
||This is a work compatible program
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MBA for Business Administration - useful or not?
Have you completed your diploma or bachelor's degree
in an economics course, typically business
administration, and would like to continue your
education? But does an MBA make sense for business
students? The short answer: yes, in many cases yes. But
not always. We have put together an overview below.
The typical curriculum of an MBA program includes
subjects such as marketing, personnel management or
finance / controlling. There is definitely overlap with
the content of a previous business degree. However,
there are definitely more arguments in favor of an MBA
as an economist. For example, refreshing your knowledge
if your studies were five years ago. But above all the
network effect and the different learning climate
compared to a diploma or bachelor.
How are MBA programs actually composed?
The first thing that could be derived from the
decisions of numerous other students was whether an MBA
would make sense for business students. We looked at the
participant profiles of various universities and you can
see that at many universities / business schools the
participants come primarily from the fields of
engineering and economics (with outliers). Practice
shows that business people very often add an MBA to it.
Why do business economists do an MBA?
There are basically two reasons to do a Master of
Business Administration as a business administrator:
Let's be honest: after three to five years in your
professional life, how exactly do you know the terms
that you don't come across in your everyday work? And
with changing job positions you need exactly this
forgotten knowledge at once. In addition, certain things
have simply changed, for example in controlling,
marketing or general management. Therefore, graduated
economists decide again to update their knowledge.
There are now more and more MBA programs that deal
specifically with an industry or a specialist area. So
if you want to qualify for management tasks in this
environment or prepare for a change of industry through
newly acquired knowledge, an MBA can also make sense as
a business graduate.
This applies, for example, to Carsten, a business
graduate and partner in an auditing company, who did the
MBA International Taxation at the University of Freiburg. His
I chose to study because
I wanted to expand my knowledge gained in the course of
business administration and the tax consultant exam and
joined the MBA International Taxation professionally
exactly where the tax consultant exam ends.
Marcel (Bachelor in Business Administration, EMBA at
the Frankfurt School) describes his reasons for choosing
- An MBA is a quality feature and seal. As such,
however, a good and renowned university is
- An MBA focuses in particular on business
management in the challenges of top management. It
gives a new perspective on the knowledge of business
administration from the perspective of a top manager
and helps to identify essentials and to make a
content selection, for example to prepare for a
- A good MBA also raises awareness of emotional
intelligence and leadership skills.
- Furthermore, an MBA is the ticket to certain
management positions and a cornerstone for further,
also financial, career development.
More than a classic degree
What is more, the MBA, if taught by a good
university, is more than a typical course of study with
a lecturing professor and listening or writing
students. A Master of Business Administration, on the
other hand, is based on mutual learning. You learn from
the experience of the "teacher" (professor or rather
entrepreneur) and from that of your fellow students. Not
only are certain models presented, but really thought
about how specific problems (which have already occurred
to anyone within the group) can be solved. You also
learn much more precisely because you may have seen the
practical problem that could have been solved with each
new theoretical part.
Seen in this way,
an MBA does not only convey basic business
administration know-how such as marketing and
controlling, but rather tools for problem identification
and decision-making based on it. This is supplemented by
soft skills such as leadership, negotiation techniques
and communication skills. This gives you a strategic
view of the political, social and ecological environment
of the entire company.
Conclusion: MBA for Business Administration - Yes,
but not for everyone
It can therefore be said that such a course of study
makes sense for business economists. Not necessarily
directly after the Bachelor, but rather after a few
years in professional life, with initial management
experience and / or the specific opportunity to jump to
the next career level(s).