An MBA degree is a passport to an international corporate career. If you want an MBA degree which earns you respect from around the world, Singapore is just the prefect place for you. Singapore is turning into an education hub of the world. Singapore boasts of having some of the best institutes not only in the Asia Pacific region but the entire world. An MBA in Singapore provides excellent opportunities to the students in Singapore and other parts of the world. These Business Schools in the country have global accreditation and recognition from around the world which makes students get high paying jobs anywhere in the world.
Thankfully, you can study for a part-time MBA degree in Singapore as there are many part-time MBA programs which cater to busy working executives. Fortune 500 multinational companies typically require managerial candidates to have a MBA degree from a recognized university. If you plan to attract the attention of an employer like Goldman Sachs or McKinsey, then you would need to have an MBA from a Top-20 business school like Harvard, Wharton, Kellogg or Chicago. In Asia-Pacific, the Chicago MBA program is available in Singapore and the Kellogg MBA program is available in Hong Kong.
For most of us who are working executives, attending a full-time MBA program is not a tenable option as there are the inevitable career sacrifices to be made. So the next best alternative is a part-time MBA program or an Executive MBA program.
MBAs in Singapore
In Singapore, there are close to 40 MBA programs available in the marketplace as shown in Edupoll MBA Directory on this website. However, it is important to note that not all MBA programs are created equal. Only a good MBA from a good business school can make a difference to your career and income. Before signing up for your MBA program, you have to be clear about your objectives for wanting to acquire an MBA qualification. Some common objectives include:
1. Boost my CV
2. Social status
3. Enhance my professional credibility
4. Acquire business knowledge
5. Networking with other managers
6. Pre-requisite in my industry eg management consulting
7. My potential employer hires only top MBAs eg Goldman Sachs
8. Sponsorship from current employer
9. Part of my lifelong learning agenda
10. Peer pressure
Your objectives will help you to choose the MBA program that is most appropriate for you. As a rule of thumb, the more prestigious MBA programs tend to cost more as MBA teaching is highly labour intensive. Besides, top professors command higher fees and may have to be flown in from overseas campuses. Additionally, some MBA programs require the students to complete certain courses overseas or to go on overseas study trips. Source: www.Edupoll.org
MBA Accreditation
Students should also look for business schools whose programs are accredited by one of the 3 major accreditation bodies: AACSB, EQUIS and AMBA.