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2 Yrs Work Exp or less MBA

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imad604 Joined: 03 Jan 2012 Posts: 8	2 Yrs Work Exp or less MBA Thu Jan 05, 2012 07:23 AM Hi, I wanted to know if someone could help list out some UK universities and business schools that offer 1 year MBA's to candidates with 2 years work experience or less. I've had a lot of trouble finding programs that meet the aforementioned requirements.
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JK Duncan Joined: 18 Apr 2011 Posts: 3642	2 Yrs Work Exp or less MBA Thu Jan 05, 2012 07:37 AM I suggest you read: www.find-mba.com/board/21897 www.find-mba.com/board/21819 www.find-mba.com/board/20885
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imad604 Joined: 03 Jan 2012 Posts: 8	2 Yrs Work Exp or less MBA Thu Jan 05, 2012 08:01 AM Thanks Duncan, Actually, I was looking for some programs that do have a work experience requirement, but that of 2 years or less. I realize that a MBA that requires no work experience would not be very valuable. I have searched numerous UK programs, but most of them require 3 years work exp or more. Do you have any recommendations on descent schools that meet the above requirement? I also noticed in the other threads that you spoke about the difference between MBA and MSc in terms of salary and job opportunity. What I want to know is in the long run, would an average MBA be more or less valuable than a descent MSc? Lets say roughly 15 years down the line. Thanks,
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JK Duncan Joined: 18 Apr 2011 Posts: 3642	2 Yrs Work Exp or less MBA Thu Jan 05, 2012 11:06 PM Depending on your timing, you might have three years' experience by the time you arrive in the classroom. Excepting that, not I can't think of any quality UK school which would be flexible on this for their MBA. An 'average' (i.e. unaccredited, pre-experience since that's the majority on offer) MBA is much worse than a top MSc. A top MSc (like these rankings.ft.com/businessschoolrankings/masters-in-…) will see you starting on $50K. An unaccredited MBA will see you starting on perhaps $40, at a much lower level and with worse skills. So, your starting point is lower and your rate of ascent is lower. The gap will widen so, over a 40 year career, the difference will be worth more than half a million dollars.
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imad604 Joined: 03 Jan 2012 Posts: 8	2 Yrs Work Exp or less MBA Sun Jan 08, 2012 10:54 AM Thanks for the insight Duncan. Though, it seems I will be going for neither option :O I am now strongly considering to pursue a CFA designation. I realize that means 3 years to complete the exams(given I fail none of the painstaking 6-hour long exams and go on a back-to-back basis) and 3 years of 'relevant' work experience (though I can start on this after completing Level 1). Since I was looking to get into the finance or consultancy side, I thought that this might be my best option. I was wondering if you have any opinion or comments on this.
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JK Duncan Joined: 18 Apr 2011 Posts: 3642	2 Yrs Work Exp or less MBA Sun Jan 08, 2012 12:12 PM The firms which employ the most CFAs are accounting firms and investment banks. If that's where you want to work, then it's a good strategy but it's a route into deeper, more functionally-specialised, financial work rather than a route into consulting or finance. The fastest way to qualify will be to take a CFA-partnered masters programme: these are excellent programmes focussed on the first and second levels of the CFA. www.cfainstitute.org/partners/university/Pages/cfa… If you want to study part-time, then you are already aware that the percentage of who complete all three levels is very low. Personally, I think better preparation for financial management or consultancy is an MBA. If you have the time to take the CFA, why not take a part-time MBA?
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imad604 Joined: 03 Jan 2012 Posts: 8	2 Yrs Work Exp or less MBA Mon Jan 09, 2012 06:23 AM I would love having the option to do a part-time MBA, but the biggest problem I am facing is that I am working in the UAE and there aren't many great MBA programs offered over here. I would have loved to join Cass (Dubai campus), but, like 90% of the other satellite campuses in Dubai, they offer EMBA's only. I agree with you that completing the CFA program will be a daunting task and I'm dreading having to use another 3 years for it. I think it may be best for me to wait a year and complete 3 years work experience then go for an accredited MBA. Thanks for the insight once again.
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JK Duncan Joined: 18 Apr 2011 Posts: 3642	2 Yrs Work Exp or less MBA Mon Jan 09, 2012 11:01 AM Given your focus on finance, and especially if your budget is limited, I think it might be helpful to look at the CFA partners, many of which offer MBAs insider the partner programme. You'll get a strong quant education there more cheaply than at a top-tier accredited school.
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sravank Joined: 08 Jan 2012 Posts: 4	2 Yrs Work Exp or less MBA Mon Jan 09, 2012 01:59 PM Hi Mr.Duncan I Want a Straight Forward answer from u That Is it possible to Do MBA in UK With out Any Experience I'm Asking u This Question Because i'm now in my final SEMESTER of B.tech So, I want to do MBA Immediately after Completing B.tech If u Give me This Valuable Information, U might Have a helped me a lot
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JK Duncan Joined: 18 Apr 2011 Posts: 3642	2 Yrs Work Exp or less MBA Mon Jan 09, 2012 11:20 PM Hi there. Yes, the answer is that you may, but you should not, do your MBA in the UK before you have work experience. That's because there are two pre-experience options here: pre-experience MSc degrees at respected business schools (which are excellent) and other degrees, which are much worse investments than taking your MBA in India. I suggest you read: www.find-mba.com/board/21897 www.find-mba.com/board/21819 www.find-mba.com/board/20885 www.find-mba.com/board/23523
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sravank Joined: 08 Jan 2012 Posts: 4	2 Yrs Work Exp or less MBA Tue Jan 10, 2012 04:01 PM ThanQ Duncan for ur Reply I have Done a Part-time Job While doing my B.tech Is it Suffiecient for me to do my MBA If so, Where is it i mean in which University....
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JK Duncan Joined: 18 Apr 2011 Posts: 3642	2 Yrs Work Exp or less MBA Tue Jan 10, 2012 08:54 PM I can only repeat the guidance on those pages. The low-quality universities will accept you with part-time work experience, or with none. But very few universities will take candidates without 3 years work experience after your degree, and those that do tend to be recruiting from top universities (like Harvard's 2+2 program). Either take an accredited MSc now, or an accredited MBA later.
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