MBA And Recession
The Times Online recently ran an interesting story about the pros and cons of doing an MBA during the recession period
. With the major superpowers like the US and almost half the world being economically down with the financial crisis, this issue has become a burning topic of debate among the students as well as the subject experts.
The global financial crisis left the students, even from the best of the Business Schools, struggling for jobs in the corporate sectors across the world. And even today, when the economic recovery is underway, the signs of recession still persist which has brought the students in a dicey situation about their career prospects in the Business Administration.
Selecting your career is an important decision for all the students especially when it is about an international or global degree in the Business Administration at the time of economic slowdown as it involves a huge and substantial investment of time and money.
However, according to the expert opinions, an MBA can always be helpful even in the most challenging situations too. There are a wide variety of specializations provided under this course which can even be effective in the tight job market situations. London Grad School offers a large number of options to its students. So what is crucial is to decide and choose upon the appropriate specialization that your MBA degree offers, keeping in mind the prevailing market situations; because a specialization can either make or break your career. Say for example, during the recession, it is hard to find the jobs in financial services because of the financial slow-down, but there still remain ample opportunities in other spheres of business administration.
So before deciding about the specialization of your MBA degree, it is advisable to research your desired industry carefully and finding out the best available recruitment options. Before enrolling in any particular B-school, it is crucial to know about their career placement statistics. Grad School London provides great placement opportunities to its students. While undertaking your course program, it is the most crucial to enhance and widen your networks.
A recent survey by the GMAC indicates that there has been a steep rise in the popularity of the Executive MBA for mid-career professionals as well as increase in the part-time MBAs; whereas there has been a decline in the full-time courses of the MBA programs.
HULT International Business School offers
Masters Digital Media London and other Degree Programs as both part-time and full-time courses in the MBA at five different global locations.
MBA And Recession
By: John MichelCane
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