Tired of listening to gloomy economic reports about negative growth, shrinking GDP, decreasing consumer confidence and news that Britain has endured an even bigger slump than that experienced during the Great Depression? While there was initially great optimism for 2016, this buoyancy lasted just about as long as my New Year’s resolutions, and by mid February the economy was, at best, tepid. Capital Economics, an independent macro-economic research company, even went as far as declaring that “the crisis is not yet over” in Europe.
Associated with the United Methodist Church and located on 100 beautiful acres in the heart of Mississippi’s capital Jackson, Millsaps College is home to just over 900 students from 26 US states and 23 countries. Millsaps College’s Else School of Management MBA program has been named a Global Super MBA program by CEO Magazine and has been listed as one of only 20 top-tier MBA programs in North America, the only program in Mississippi to be listed. The Else School offers two graduate degrees – Master of Business Administration and Master of Accountancy. It also offers an Executive MBA program for mid- to high-level managers or executives who are typically on track to advance into senior leadership. Millsaps College has long sought to create programs that set it apart from ordinary institutions. It aims to do this by constantly making and reinforcing the connection between academic pursuits and the real world. In the following interview, Kim Burke, Dean of Else School of Management, outlines the secrets of the school’s success:
Deciding to attend graduate business school to get an MBA is simultaneously thrilling and scary, as there are so many options to choose from and so many decisions to make. Various diverse business school programs offer a plethora of opportunities and options. However, no matter what an MBA potential applicant’s career goal is – from advancing or changing career to starting a business – a graduate business degree can help him or her get there faster.
A graduate business degree can and probably will boost your career. According to the Graduate Management Admission Council (GMAC), 75% of MBA alumni from the class of 2012 said they could not have obtained their job without the skills, knowledge, and abilities attained through their graduate management education. The top outcomes that they cited as contributing to the value of their degree were opportunities for progressively challenging and interesting work, developing managerial skills and starting their own business.
Hard work got you here. But in order to get there, it wouldn’t hurt to strengthen your business leadership knowledge, polish your executive skills and broaden your professional network. The timing might finally be right for that Executive Master of Business Administration (EMBA) degree. And you might even convince your employer to help pay for it.
The EMBA has become an appealing investment for C-suite executives. Surging international enrollment growth trends and salary increases for EMBA graduates suggest that the value of executive-level educational investments is being recognized by employers at the global level.
There is no doubt that, since its inception at the beginning of the 19th century, the MBA has been a very successful business education tool. It has evolved with the times to become more elaborate and varied and it has spread around the globe so that today almost any aspiring business leader has an interesting choice of programmes. With change comes increased diversity and that means more choice. Today’s challenges require an even quicker response from management educators who have to contend with a world where the capitalist view of optimising purely for profit is questioned, environment and sustainability are now integral to responsible business, and the digital era creates new opportunities.