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Strengths And Weaknesses Of Mba

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Strengths MBA is offered in many colleges. MBA holds great value for pursuing a higher education. MBA offers a variety of benefits. MBA allows graduates to have very high positions in business. MBA is a well-known academic course since 20th century MBA graduates can earn up to 50% more than the normal salaries. Weakness MBA follows no professional standards. There is no follow up courses for MBA graduates. MBA focuses on analyzing case studies rather than being more practical with what has been learned. Opportunity Colleges that offer MBA can redesign its courses to include more practice rather than just learning about them by creating workshops. Threats Businesses preferring to train their employees in their own way. Businesses offering their …show more content…

The MBA does not follow a specific professional standard and there isn’t a follow up courses. More importantly its education is more focused on nonfigurative theories and case studies rather than providing practical skills Rynes et al. (2003). Also as Mintzberg (2004, p. 5) believed that MBA was approaching the wrong way of teaching and to the wrong people as well, arguing that its “specialized training in the functions of business, not general educating in the practice of management”. Therefore its concluded that MBA is not providing a wide range perception on reality. MBA is now facing the threats of the business world, where businesses are preferring to train their employees to their different kinds of work themselves and also conducting training programs under their own work environment, and while the business is an ever changing environment evidence indicates that MBA is not holding its position in the market place with recruiters like it used to any longer. Whilst there are threats and weaknesses to the MBA, there is also the opportunity to redesign its module, studies and include more practices like providing workshops and focusing on being more practical which some schools that offer MBA are now doing. Part II

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