Timing for study is an individual decision
THERE IS AN often-used business expression which says: 'If you want a task to be completed successfully, give it to a busy person.' The same applies to studying for an MBA.
To many, the thought of studying two years to earn an MBA is a daunting prospect. However, hundreds of busy businesspeople graduate successfully each year with a wide range of qualifications. The Hong Kong Management Association said studying for an MBA was tough but manageable. It is a matter of prioritising time by focusing on set goals and making short-term sacrifices. Students with families should set aside time for study but also plan to maintain quality family time.
The Hong Kong University of Science and Technology Business School said there was no right time to study for an MBA. Different candidates should select their best time. It could be at an early stage of their career or after they have gained some experience.
What is most important is that students feel the need to upgrade their business knowledge and know what they want from an MBA. Different programmes have been designed to suit various career stages. Full-time programmes are usually for those who are in a junior executive positions, part-time for those who are mid-career and executive MBA programmes for senior executives.
The decision to take an MBA cannot be taken lightly, but for those who graduate the prospects in personal development and career progression are bright.
The main reasons quoted by students for choosing this route of study are for an increase in salary, to open new career opportunities, to further their careers and to extend personal networks.
Employees may face challenges they could never have anticipated. Many people find that an MBA programme is an excellent way to help manage and capitalise on such changes.
The University of Hong Kong's School of Business said a good quality course would allow for all of these by developing personal skills and extending participants' knowledge base in general management disciplines in the local and global business context. MBA programmes are an educational course and should challenge students' assumptions and attitudes. Knowledge accrued should be transferable to the world of work.
The courses which achieve this most effectively bring together top quality faculty with students from various backgrounds who have a wealth of experience and ambition. For example, full-time students have an average of nine years' business experience. This combination produces the best possible educational experience.
Jennifer Ng Glok-hong, associate director of University of Hong Kong's SPACE, said an MBA gave individuals a tool kit of general management skills that lasted a lifetime. This broad training transcends location, time and job type, and enhances focus and specialisation.
