AMBA â the Association of MBAs: be commercially aware. One-way to kick start a career is to take a Masters of Business Administration (MBA), with the speed of business activities accelerating in the global marketplace, people need to be more commercially aware than ever. The MBA qualification is the well established route to gain the necessary skills and knowledge.
Identifying the Best Business School for You Selecting the right business school (b-school) is the most important decision in the application process. Before limiting your options to high profile schools, investigate all possible options available to you as a consumer of graduate management education.
Is an MBA a route to high finance? There has been a persistent myth that MBA graduates do rather well in investment banking and high reward financial careers, but the facts are that MBA careers in high finance vary as much as the markets themselves. Historically MBA employment within investment banking seems to mirror the performance of the worldâs financial markets. As far back as the 1980s, more than 25% of MBA graduates ended up in banking, until the 1987 market crash. Subsequent to that crash, MBA graduates involved in banking reduced to barely 17%. Even so, whilst MBA graduate bankers may not be immune to the cold winds of recession markets, they do still seem to find a considerable niche in the finance world. This is good news as earnings for MBA bankers are some of the highest.
Worldâs first MBA specifically for lawyers. In recent years many MBA courses have included ever increasing numbers of specialist options or electives relating to specific industries, regions, economic activities and professions. However the Cass Business School (City University-London) went one step further in September (2006) and has been running an MBA specifically designed for lawyers.