Articles from Independent

Five MBA Trends for 2015

Ever since its inception in the late 19th century, the Masters in Business Administration is the one academic postgraduate qualification that has never stood still. The constantly evolving requirements of employers, the changing demands of students, and the revolutionary changes caused by waves of new technologies have been met by a willingness by the best business schools to change the what, the how, and (increasingly) the where they teach. Alternative funding sources for MBA studies The AMBA 2012 Salary Survey showed that 29 per cent of respondents received some form ofcorporate sponsorship towards their studies; by 2014 the same survey showed a drop to 21 per cent. New funding sources, such as crowd funding and peer-to-peer lending have evolved over the last couple of years, and are likely to increase in popularity – and are certainly going to become a trend in 2015. Crowd funding is where prospective students borrow capital from those interested in supporting MBA studies as an investment. Several are available, such as Prodigy Finance and SoFi. Prodigy now provides loans to MBA students at 18 AMBA-accredited schools, with more in the pipeline. Investors, primarily alumni of these schools, invest in one class of students. Rather than focusing on credit history, Prodigy uses a predictive model that calculates borrowers’ potential future income. Peer-to-peer lender SoFi (Social Finance) only offer tuition loans to employed graduates – so whilst not ideal for all, they are ideal for anyone who wishes to study for an EMBA on a part-time basis. Wider range of specialisations Highly popular about 10 years ago, MBA specialisations are making a comeback. However, those now being offered have changed. Previously, most were still related to established MBA topics – Finance, Marketing, Strategy and Technology –...