What Happens When a Business School Refuses to Offer an MBA?

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What happens when a Business school refuses to offer an MBA? Simple, go in for any of the Masters’ programs on offer. What are the advantages? Read on to find out.

King’s Business School that became the ninth and newest faculty at King’s College London on August 1 this year, has decided to offer a wide variety of Master’s programs instead of the traditional MBA.

Dean Professor Stephen Bach says the decision to go in for MSc and related programs was taken in view of the declining interest among the aspirants for the MBA, especially for the 2-year programs.

The Business School, emerging out of the renowned School of Management & Business, has a growing body of 100 academic staff, more than 30 professional services staff, and over 1,700 students.

Among the reasons he put forth to the Financial Times were that companies wanted to recruit talent at an early stage of career. The candidates should have strategic thinking capabilities but remain malleable. In such a situation, most of the regular MBA graduates, with their long years of experience and set ways would find it difficult to get a role.

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Accordingly, King’s is offering no less than 12 specialised programs. These are; Banking & Finance MSc; Basic & Medical Biosciences MPhil/PhD; Digital Marketing MSc; Finance (Asset Pricing) MSc; Finance (Corporate Finance) MSc; Human Resource Management & Organisational Analysis MSc; International Management MSc; International Marketing MSc (part-time); International Marketing MSc; Management Research MPhil / PhD; Public Policy & Management MSc; Strategic Entrepreneurship & Innovation MSc.

The Business School, emerging out of the renowned School of Management & Business, has a growing body of 100 academic staff, more than 30 professional services staff, and over 1,700 students.

Announcing the launch of the Business School on its website, Prof. Bach said, “King’s Business School will combine the agility of a start-up with the heritage of King’s, collaborating with other faculties to ensure an innovative student experience. We will build upon the success of our thriving School of Management and Business and aim to build the premier undergraduate business school in conjunction with specialist masters programmes.”

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With an emphasis on relevance and diversity, the faculty aims to foster an entrepreneurial mindset in students and prepare them to face the challenges and embrace the opportunities facing business and society.

Intending to adopt a contemporary approach to postgraduate business education, the School says its central London hub location at Bush House is ideal for engaging with business, finance and government. The building is surrounded by entrepreneurial firms and SMEs, not far from the Square Mile with its huge concentration of financial firms.

With strong links with many innovative businesses, from start-ups to multinational corporates, the School aims to make the participants capable of tackling business challenges. The research component and lecturers are aimed at developing an interdisciplinary approach to solving real-world problems.

While the initial intake includes students from 80 countries, King’s has increased its finance and business faculty from about 60 professors two years ago to almost 100 to cope with the increased demand. They include several who were previously employed at universities in Hong Kong, Germany and Canada.

Among the advantages of a Master’s program are a more focused or specialised study, lower tuition and other expenses compared to the MBA, no need for prior work experience and smoother transition from the undergraduate to postgraduate programs. There is also considerable savings in time as most of the Masters are 1-year programs.(Image Source:pixabay.com)

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