MBA diploma: why is it needed, how to find a program and is it possible to study for free

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What is MBA
MBA, or Master of Business Administration, is a management training program for middle and senior managers and entrepreneurs who already have their own business. Having an MBA diploma today is very prestigious. And you have probably heard about this format of training, but never thought that it could be useful to you.

In essence, an MBA is a program on how to manage effectively and profitably. Of course, the training will be useful primarily for those who already have serious experience in management – ​​business, projects or personnel. But even for those who have just started their management career, an MBA diploma will be a good help for the portfolio as confirmation of key management competencies.

What is the advantage of business education? Perhaps the main advantage of the MBA uruguay whatsapp list program is that, unlike studying in a bachelor's or master's degree program at management faculties, the teachers here are business practitioners. Entrepreneurs, top managers, investors and leading specialists in the field of consulting share their experience and business cases from their personal practice with students.

The fundamental difference between MBA and other programs is the work using the case study method – that is, working with real examples from business and developing action scenarios. Many graduates consider quality networking to be one of the key advantages of MBA – the opportunity to establish the necessary contacts that can significantly help in building a future career. It is not only about communicating with experts. Communication with group members, the curator, the course manager can also give a huge return.

Digital MBA and its difference from classical business education
Not long ago, a new “digital” or digital MBA program appeared on the business education market. Digital MBA emerged as a format of MBA education in response to the global trend of digitalization. Its difference from classical business education is hidden in the name: Digital MBA focuses on managing business and projects in a digital format. And the training takes place mainly online - either completely remotely, or in a hybrid format of online plus offline - according to the blended learning model. Both options allow you to study in parallel with your main activity.

The Digital MBA educational process is based on the analysis of not only expert cases (as in classic MBA programs), but also business cases of the participants themselves. The programs help to understand business processes and their implementation, explain how they change the customer experience, and disclose in detail each stage of creating a profitable and scalable digital product.

Who will benefit from the “digital” MBA program? For example, managers of all levels, CIOs of medium and large companies, and IT managers.

For middle managers – to grow to the top level in the conditions of the developing digital economy.
Top managers – learn how to create strong digital products.
And for entrepreneurs – to scale up their business and enter new markets.
Where to go to study
When choosing a business education, people usually look at several things. First, at the program itself and the results you can achieve after studying. Second, at future classmates - to get more information about what kind of people study there, what they do, what goals they have and what they achieve.

Today, the Ddigital MBA market offers several dozen programs. This can be both business education from state universities and offers from private universities and companies. The duration of courses varies on average from six months to two years, but there are also monthly educational tracks. You should choose a school based on the goals you pursue in your studies: sometimes a few classes are enough to understand what course to follow in the company's business processes.

One of the most advanced digital business schools in Russia is the practice-oriented Digital MBA program from Mail.ru Group and GeekBrains. Entrepreneurs and top managers create a ready-to-launch digital product and acquire relevant management skills in the digital and IT fields in nine months. The program's experts include leaders of the Russian IT business: for example, from Delivery Club, Qlean, VKontakte, FRII, Raiffeisen, Qmarketing and many other top companies.

How does the Digital MBA training from Mail.ru Group work?
The Digital MBA program from Mail.ru Group includes both theoretical and practical parts so that students can practice their knowledge on their own projects. Importantly, the content here is specially adapted to the needs of each individual group, based on the tasks, goals and areas of business of its participants.

The main thing you will get after completing the program is to work on your own business case throughout the entire training. That is, not someday, but today your company will receive real profits.

Enrollment takes place in three stages:

The first thing the candidate does is fill out a questionnaire, where he describes in detail his business goals and expected results. Usually at this stage the motivation of the future student and his interest in studying becomes clear.
In the second stage, all participants take a Hogan Assessment Systems survey, which identifies three key points: the candidate’s strengths, what hinders effectiveness, and value preferences.
The third and final stage is a meeting with a coach who helps to analyze professional and career goals. The coach gives recommendations on developing the most effective approach to developing skills and personal transformation of the candidate as a whole.
It is important to understand that training may be denied. This may be due, for example, to the fact that training in a specific group does not solve the problems of the future student.