Kent MBA (1 year)
Program Detail
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| Program Name |
Kent MBA |
| Program Overview |
|
| Areas of Study |
- Accounting
- Banking
- Environment
|
| Joint Degree Offered |
No
|
| Delivery Format |
Classroom
|
| GMAT Score |
Minimum Total: 580
|
| Tuition & Fees |
Per Year: GBP 19,300
|
| Financial Aid Availability |
Financial aid available, contact school for more information
|
Start Dates &
Application Deadlines |
| Start Date |
Application Date |
| 9/29/2014 |
6/30/2014
|
|
| Upcoming Events |
|
| Program Size |
|
| Work Experience |
Minimum: 3 Years
|
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MBA History
The first Master Degree in Business was offered in
1902 at Dartmouth College in New Hampshire. The American
concept of practical and excellent business education
caused a sensation. Under the name of Master of Business
Administration (MBA), the program developed into the
most sought-after graduate degree worldwide.
The first American programs (such as those at
Dartmouth College or Harvard University) were set up in
the United States in the first decades of the 20th
century, as the aim was to secure America's global
economic competitiveness with specific training
modules. The previously existing university, very
theoretical and less innovative study programs were no
longer able to produce competent managers and top
managers. These first MBA programs revolutionized
business education.
England followed the United States: From 1910, the
first master's programs were offered at business schools
in Europe. The supply increased rapidly in the first
half of the 20th century. At the same time, the bachelor
degrees were widespread in the economic education
system, so that the MBA programs had a lower number of
graduates than these "undergraduate degrees".
From the 1950s, the importance of MBA programs
continued to increase. The course program was
supplemented by mandatory courses (management,
financing, marketing, accounting). Up until 1950, the
MBA was intended as a deepening and specialization of
knowledge and economic knowledge, but now the focus is
shifting. In addition to technical knowledge, attention
is increasingly being paid to the integration of
training in social skills (leadership skills, team
building, motivation, correct use of available
resources).
The 1960s and 1970s saw massive criticism of the MBA
programs. Well-known business magazines predict a steady
decline of these training programs with fewer students
and graduates. Despite the forecasts, however, the MBA
programs experienced a real boom. More and more programs
were offered in the United States. After the
anti-capitalism mood of the 1960s, the access rate rose
again. Students of other disciplines whose work
situation had deteriorated (law, history, philosophy
etc.) as well as female students, members of minorities
and international students hoped for new opportunities
from the MBA programs.
The business schools reacted to this trend by
introducing new training methods and modules. The
success of the MBA programs was also reflected in the
above-average earnings of the graduates.
In the 1980s there was a lot of discussion about the
hard work of the young top managers, regardless of
people and the environment. “Materialism” and
“arrogance” were two catchwords that came up again and
again in this context. As a result, the top schools are
increasingly relying on the ability to cooperate and
social skills in addition to specialist training. The
information on economic, social and political framework
conditions was integrated into the training program as
well as team leadership, presentation and negotiation
techniques.
More than at the beginning of the 20th century, top
MBA programs in their module design have to pay
attention to flexibility at a continuously high
level. The boom in MBA programs also brings providers to
the market who do not meet the quality criteria. The MBA
is no longer a direct guarantee of top management
training and expert knowledge, but it can still be.
The profile of the respective business school, i.e.
the design of the training modules, the professional
competence of the trainers and lecturers, as well as the
international network and the alumni club, are just as
important after almost 100 years of MBA programs as the
title itself.
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