Tuesday, February 15, 2011

Should I take an MBA or 'MSc in Management of Technology'


Should I take an MBA or 'MSc in Management of Technology'?
I already have a bachelors degree in engineering. I want to become a CEO of a top telecommunications someday. Is it a must I go for an MBA? I see that most top profile financial management officers who go onto become CEOs have a MBA.
Other - Business & Finance - 1 Answers

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The MBA degree was originally created because people were promoted to managerial positions, and often they did not know how to manage, although they were good engineers, or scientists, or factory workers. Companies needed managers who could understand what the workers were saying, and managers without the factory floor experience often did not understand the people they supervised. Business schools responded by creating the MBA degree. It is a general degree designed to train student to enter any area of management up to CEO. MBA programs accept students with any undergraduate degree. The MBA is in contrast to the MS degree which trains students to reach higher levels of knowledge in their specialty so that they can serve as better staff and researchers, with no intention of becoming high level managers. Most MBA programs prefer students with 2-3 years work experience after the first degree, but many accept students right out of college if they have good grades and a high GMAT score. Some MBA programs are designed specifically for new college graduates without work experience. The Official MBA Guide provides a lot of information about the MBA degree and MBA schools and programs. It's a comprehensive free public service with more than 2,000 MBA programs listed worldwide. It allows you to search for programs by location (US, Europe, Far East, etc.), by concentration (finance, marketing, aviation management, health management, accounting, etc.), by type of program (full-time, distance learning, part-time, executive, and accelerated), and by listing your own criteria and preferences to get a list of universities that satisfy your needs. Schools report their accreditation status, tuition cost, number of students, class sizes, program length, and a lot of other data. Schools provide data on entrance requirements, program costs, program characteristics, joint degrees, and much more. You can use the Guide to contact schools of your choice, examine their data, visit their web site, and send them pre applications. You can see lists of top 40 schools ranked by starting salaries of graduates, GMAT scores, and other criteria. It's the best service available at http://officialmbaguide.org.

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