With job roles becoming more demanding and more pressure on employees to develop their skill-set, there has been an increase in the amount of people that are going on to do a postgraduate diploma in management. An MBA allows working professionals to not only broaden their knowledge and understanding of an industry but also gain more skills that they can implement within their sector. Whilst a postgraduate level 7 diploma in management is still a commitment, it can work as an added advantage and therefore allow professionals to seek more senior roles.
Which skills does a level 7 diploma teach?
An MBA course is designed to help people progress in their careers, therefore tailoring content to ensure that students are able to acquire the most out of their education and meet their individual objectives. Through helping students develop their own personal skills and placing focus on leadership and management, a level 7 diploma will equip an individual with the expertise and proficiency that is required in more senior roles.
When having worked in similar organisations in the same role for a long period of time, it can be difficult for individuals to grow professionally due to the lack of challenges. Once an employee becomes familiar with a role and industry, it can become easy to grow complacent and therefore disregard or overlook changes within the industry. Therefore an MBA will not only help to broaden outlook but will allow them to become better strategic and critical thinkers, with more willingness to welcome and face challenges. An MBA will provide them with more confidence and therefore ensure that they seek and contribute to things that are outside of their comfort zone, whilst possessing more up-to-date knowledge of the sector.
Whilst an undergraduate degree provides students with the theoretical and introductory knowledge to enter the industry, an MBA will work on developing expertise and broadening skillset in order to advance careers. Therefore, working professionals find that it is a worthwhile investment to seek further education and ensure a better future for themselves.
What opportunities can a postgraduate diploma in management give you?
With the purpose of helping students further their careers, a postgraduate level 7 diploma in management can teach you a multitude of skills and allow you to have access to more networking opportunities. An MBA will provide you with a better understanding of changes and shifts within the current industry as well as introducing you to global professionals that work within your sector. There will also be opportunities to interact with other professionals which can help to broaden your network and gain a more global perspective of your industry.
An MBA acts as another qualification, demonstrating to an employer that you have taken the time to commit to developing your own skills. This is highly advantageous and is something that can be an asset to any organisation, therefore increasing your chances of securing jobs in the future. By contributing to a stronger CV, you will also have a competitive edge over other candidates when applying for roles. This is something that is difficult to acquire when having worked in the same role for a long period of time. There is often no room to progress, making it difficult when having to compete with other professionals for another role.
A postgraduate qualification can also lead to a higher salary due to being more educated and therefore possessing more expertise. An MBA is tailored to ensuring that you have better and higher career prospects, whether that is simply through making you more qualified or allowing you to move into a different industry entirely. It will provide you with a broader look at the business world as a whole and will therefore open your mind to innovative ideas and new ways of working. A postgraduate diploma can also contribute to you becoming a more receptive individual and therefore more open and adaptable to change. This is highly invaluable and can be beneficial to any employer. Being able to adapt to any environment is something that an undergraduate degree does not teach and yet is highly necessary in many fast-changing industries.
Therefore, by providing you with transferable skills and making you more employable, an MBA is tailored to ensuring that you are able to secure the best possible future for yourself. Whilst still a large commitment, an MBA is worthwhile and can be the catalyst for helping you excel in the business world.
Working professionals are always seeking to self-develop and often end up pursuing an MBA programme in order to invest in their future. An MBA programme can provide working professionals with the knowledge and skills to progress to a more senior role whilst also increasing their level of qualifications. It can help in all areas such as strategic thinking and being a better leader. Therefore, MBA programmes are often recommended to people that may be seeking career progression.
MBA programmes themselves have developed through shifting their focus in order to help students maximise their experience and ensure better career prospects. Whilst industries continue to change and evolve, it is important for both institutions and businesses to remain aware and up-to-date with these changes whilst ensuring that their curriculum and services are always relevant to the needs of students. Therefore, when making the decision to pursue an MBA in business, there are some factors that should be considered.
Learning while working
Many working professionals will be pursuing an MBA in business whilst still maintaining their existing job and it is important to ensure that your chosen programme will allow for this. Some students may find it difficult to balance work and studying, however an MBA programme not only allows you to increase your skillset but ensures that it does not in any way hinder your career. Whilst still a commitment, an MBA is something that you will be able to use and implement in your existing role and you may find that the two overlap, making both easier to balance.
A student-driven approach
Institutions should prioritise and focus on a student’s needs whilst developing a curriculum and you should therefore identify whether their approach is something that will benefit you. For example, more student-centred learning will focus on providing you with experiences to ensure that you are gaining more than theoretical knowledge. Content is also taught through different approaches whilst taking your needs and aspirations into account. A programme should be tailored to helping you acquire the most out of your studying, ensuring that your goals are a priority.
Whilst an MBA was used as a tool for career progression, it is now often perceived as a means of being able to thrive independently. For example, individuals that are interested in and hope to pursue entrepreneurship are able to benefit from an MBA because an institution will not only encourage and help to promote innovative ideas but will help students to become more critical thinkers. They are able to provide individuals with the fundamental foundations of what it takes to succeed, with professionals then being able to go on to implement these.
It is crucial to consider the outcome of an MBA in business and whether it will help you to progress in your career. For example, through asking questions such as whether the programme can help for you to build contacts within the industry or provide you with the expertise that you can then go on to apply in the workplace. Before dedicating time, it is important to evaluate the MBA as a whole and whether or not it is worthwhile. Think about what it will bring you and whether it lines up with your future career goals.
Whilst theoretical knowledge is able to deepen your knowledge and provide you with a better understanding of things, it is the soft skills that will help you to succeed. As more and more students are graduating with degrees, they often lack the real-life skills to be able to implement their knowledge into a job role. Therefore, things such as time management and having a positive attitude are sometimes lacking in candidates because it is not something that they were able to pick up whilst studying. MBA programmes therefore ensure that they focus on the development of these various skills because they are the means to becoming a more effective and successful working professional. Programmes should provide you with more than just knowledge, you need to be able to acquire the skills and experience that you can go on to apply in your future job roles.
Whilst an MBA can act as an additional qualification, it is still crucial to consider whether or not it will help you progress in your personal career. It is also important to choose the right institution for you to ensure that you are able to get the most out of both your time and education.
Ask any student and they’ll tell you that without a doubt a MBA increases your chances of gaining better employment. According to the Complete University Guide, the number one school in the UK offering MBAs is the London Business School. Almost instantly, the price you would think an MBA costs has doubled if you’re thinking of attending the London Business School. What if you could have an MBA without the excessive cost and all from the comfort of your own home?
The Online Business School (OBS) offer an online MBA that consists of 30 interactive modules and 8 written assignments. Each module has on average 40 guided learning hours that you can complete at your own pace. All the material is available online so you can study this from home or even pick your favourite coffee bar. An additional 30-50 hours are optional where you can complete the recommended exercises and reading or even carry out the self-testing exercises. This is available at only £1095 and ensures you are qualified to progress on to a MBA top-up degree at a wide range of UK universities. The MBA top up degree comes at an additional cost but you’re certain to receive a quality university experience; combining distance learning and studying on campus. With the OBS, you also get access to 24/7 support plus tutoring making the path to a degree a smooth one.
So why should you choose an online MBA?
We’ve mentioned cost already and although cost can be an important factor in making a decision, other components should also be considered. For instance, if you’re reasonably busy with a career or just life in general, an online MBA will allow you to study with ease. There’s no commute to worry about, no traffic and definitely no travel fees. If you have children, you can make sure they’re occupied and peruse over your notes whilst still being at home. For the MBA top up, you would have to attend a university campus however you can pick a university that is close to you. With an online MBA, you can also have access to support 24 hours a day and 7 days a week. Lewis Hern, who is studying the Level 7 in Business Management with OBS cites the student forum the reason as to why he went with the OBS, ‘The OBS provide a student forum where I can ask other students questions. I can get the university social experience from the comfort of my own home.’
With the nature of an online education making it accessible worldwide, an online MBA gives you access to a strong and useful professional network. Whilst sharing ideas in the student forum, you may discover career opportunities all over the world that you may never have previously considered. Online education has a wide range of students and with that comes the wealth of wisdom that can be shared to enhance your university experience and possibly even your career prospects. Students who are too busy and may not otherwise have the time to attend careers fairs and other networking events may find that they do not need to once they have studied online.
So if you’re considering an MBA, don’t discount online education providers. The courses are made to be practical so you can slot them in to your day to day life. If you’re motivated and have the desire to learn, they can be just the right push your career needs. Furthermore, they are available at affordable prices so a traditional university is not the only option you have.
When you’re choosing a course of study to enhance your career there are many options to consider. If full-time study is not an option, you’re left with part-time courses, distance learning, hybrid options such as the Open University or joining an online business school.
If you haven’t studied since you left full-time education you may be apprehensive about the amount of time required. You could be concerned about how you’ll get on if left to your own self-management to complete your work on time.
The Holy Grail for managers is the MBA – but there are many people who set out on this journey and simply can’t keep up on their own. Fitting your study around the demands of your current work and family can be really challenging.
Our recommendation is to start with smaller steps and work up.
If you already have a degree, or you’ve been a manager for a few years already, a Level 7 Diploma in Strategic Management is two thirds of the way to that MBA. It gives you 120 credits – and your MBA is just another 60 credits away, all of which could be achieved with your dissertation.
If you study through our Online Business School system you’ll be able to work at your own pace – there is no ‘term’ or ‘semester’ to complete. This is great for working people who have to juggle work, study and family commitments.
How does online tutoring work?
A level 7 Diploma in Strategic Management programme consists of 30 modules – plus eight written assignments. How you tackle them is entirely up to you.
You get access to all the modules and you can complete them in the order you prefer – and you’re not on your own, there’s 24/7 support, tutoring and more to help you succeed.
Each module consists of core learning of 40 hours, supplemented with up to 50 optional hours of additional reading, internet resources, self-tests and exercises – to help deepen your understanding of the subject. It doesn’t matter how long you take to complete each module – with online learning there are no deadlines.
This means you choose the order to complete your modules and whether to study more than one at a time. You also choose how much support you need – all you need is a broadband connection to get access to a tutor whether you’re studying during your lunchbreak, at the crack of dawn or in the wee small hours!
Your qualification can be upgraded to an MBA when you’re ready, either on campus or online – the choice is yours!
Online Business School is at the forefront of online education. Based in Coventry, it is dedicated to helping Students from all corners of the world attain an undergraduate Degree or postgraduate MBA for less than £5000. With a 24/7 student networking platform, personal dashboards, 1-2-1 online tutorials, group webinars and bank of pre-recorded group webcasts, Online Business School provides students with all the support that they need to succeed in developing their professional skill base and achieve a university qualification. www.onlinebusinessschool.com