Recent recruitment by one of my team made me wonder whether an MBA has lost some of its value.
In contrast, general management programmes are more affordable. They still offer some of the benefits of an MBA (e.g. alumnus status, with all the benefits that brings in terms of access to the careers service, etc). Obviously this isn't the same as the wide-ranging syllabus of an MBA, but how vital is that?
What are people's thoughts on this?
This is a fascinating discussion, by the way. I've asked myself whether I should do GMP or modular executive program, as opposed to an MBA, as well. And I always thought it would be an easier "sell" to my employer, if I wanted to stay on.
Hi repoman - I agree with you about a GMP being easier to "sell". Even a GMP programme from a top-ranked school can be significantly less expensive than most MBAs.
Another good option could be one of the leadership programmes at Ashridge, e.g. the 'Ashridge Leadership Process' or 'Ashridge Leadership Workshop':
www.ashridge.org.uk/Website/Content.nsf/wOPN/Ashridge+Leadership+Process~Fact+File?opendocumenthttp://www.ashridge.org.uk/Website/Content.nsf/wOPN/Ashridge+Leadership+Workshop~Fact+File?opendocumentThey might not be an MBA, but Ashridge lets you count them towards a Masters in Management. I really like their combination of leadership training and coaching afterwards. The post-course coaching seems like a fantastic way to help embed new skills. I don't know the impact on your CV, but I've no doubt about the positive impact on management skills.
Recent recruitment by one of my team made me wonder whether an MBA has lost some of its value.
In contrast, general management programmes are more affordable. They still offer some of the benefits of an MBA (e.g. alumnus status, with all the benefits that brings in terms of access to the careers service, etc). Obviously this isn't the same as the wide-ranging syllabus of an MBA, but how vital is that?
What are people's thoughts on this?
<blockquote>
This is a fascinating discussion, by the way. I've asked myself whether I should do GMP or modular executive program, as opposed to an MBA, as well. And I always thought it would be an easier "sell" to my employer, if I wanted to stay on.
</blockquote>
Hi repoman - I agree with you about a GMP being easier to "sell". Even a GMP programme from a top-ranked school can be significantly less expensive than most MBAs.
Another good option could be one of the leadership programmes at Ashridge, e.g. the 'Ashridge Leadership Process' or 'Ashridge Leadership Workshop':
www.ashridge.org.uk/Website/Content.nsf/wOPN/Ashridge+Leadership+Process~Fact+File?opendocument
http://www.ashridge.org.uk/Website/Content.nsf/wOPN/Ashridge+Leadership+Workshop~Fact+File?opendocument
They might not be an MBA, but Ashridge lets you count them towards a Masters in Management. I really like their combination of leadership training and coaching afterwards. The post-course coaching seems like a fantastic way to help embed new skills. I don't know the impact on your CV, but I've no doubt about the positive impact on management skills.