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As a result of increasing interest in MBAs among non-business people, progressive schools have begun combining postgraduate degrees with the MBA. Wake Forest University in Winston-Salem has developed a five-year program in which students can earn a joint
M.D./M.B.A. degree. McGill University, in Canada, offers a joint MBA/Law degree program designed 'for those students who are interested in both the legal and administrative aspects of business. It gives them the opportunity to prepare themselves for careers in both private and public enterprises, government service, large corporations, and as management consultants'.

An MBA is seen as the perfect way forward by many looking to change career, and 34% of MBA applicants surveyed reported 'career change' as their leading motivation to undertake an MBA, according to the 2007 QS TopMBA.com Applicant Survey expressed in Table 2. In some regions like North America, almost 60% of MBA candidates are turning to MBA education in their quest for a new career.

Source: 2007 QS TopMBA.com Applicant Survey

Table 2: Reasons for MBA - Worldwide (Expressed as Percentage)

So can business schools really give you all the necessary skills to succeed in a completely new realm of work?

Unlike other Masters courses that may provide the graduate with a theoretical understanding of a particular topic, like history, for example, the MBA prepares the graduate for the 'real' business world through practical applications like case studies that teach the student all aspects of running a business. Skills learned in MBA courses are, therefore, far more transferable to the business world than those one may learn in other Masters courses.

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Source: -
Marie Field
Website: www.topmba.com