Your Guide to MBAs
The Master in Business Administration (or MBA) degree develops foundational business operation skills such as finance, marketing, and management at the graduate level. MBAs are among the most sought after postgraduate degrees across Europe and North America due to their versatility and opportunities for career advancement. Full-time MBA programmes typically last 1-2 years, while part-time courses may take longer to complete.
What can I do with an MBA?
The Masters of Business Administration is a practical toolkit for advancing through the workforce. With an MBA, you can pursue promotions, business prospects, or management positions that were totally outside of your reach before. These new opportunities come with boosted salaries, enhanced job security, and the potential to advance to even higher management or executive positions. In fact, many global universities estimate that 70% of their graduates currently serve as Senior Managers or Board Directors within their respective corporations.
MBAs are often referred to as “professional” degrees, because of their approach to holistically developing outstanding business managers and executives. However, colleges and universities also cater to the interests and ambitions of individual students by offering specialised degree tracks. MBA concentrations may be either skills-based or career-based. A skills-based concentration helps students to develop a specific, adaptable expertise such as project management or strategic planning, while a career-based concentration will prepare them to enter a particular field, such as IT, medical, or sports management.
How do I get an MBA?
Because of its high demand and academic rigor, there are several potential requirements for entering a postgraduate MBA programme. Typical MBA courses require an honours-level undergraduate business degree, accompanied by 2-3 years of relevant work experience. A minimum score of 650 on the Graduate Management Admissions test, or GMAT, is also a common requirement.
MBA programmes can be rigorous, expensive, hard to enter and time-consuming. Most programmes warn students to expect up to 500 hours of intensive classroom hours per academic year, with fees ranging from €15,000-€80,000 for the cost of an MBA across Europe. However, it's the intensity and determination that students demonstrate through modules in economics, competitive strategy, HR management and other topics that make them such desirable candidates for corporate management positions.
Hear from Alan Lynch, joint head of our Graduate Business School, on the benefits of completing a Master's of Business Administration Degree with Griffith College:
MBAs at Griffith College
Prepare yourself for the global business environment with Griffith College’s MBA in International Business. Griffith College’s MBA programme is highly vocational, academically rigorous and intellectually challenging, a key stepping stone to a career in international business management.
The intellectually rigorous full-time course immerses students in their studies alongside like-minded individuals on the Griffith College campus.
The flexible part-time course allows you to pursue an MBA while continuing your full-time career
The highly adaptable distance-learning course offers weekly online lectures and material with optional weekend workshops in Dublin.