What is an MBA?

In today’s competitive job market, higher education can be a key differentiator. One of the most sought-after advanced degrees is the Master of Business Administration, commonly known as an MBA. But what exactly is an MBA, and why is it so valuable?

What is an MBA?

Established in the UK as a recognised qualification in 1967, an MBA is a graduate-level degree that delves into both the theoretical and practical aspects of business and management. It provides a holistic view of business, covering subjects like finance, operations, and marketing, while also emphasising soft skills such as leadership and strategic thinking.

Max Aubele, an Executive MBA participant at WBS, describes his experience of studying for an MBA:

Studying for an Executive MBA has proven to be a truly transformative experience, challenging me to surpass my limits and unlock my full potential.

Why study an MBA?

The benefits of an MBA are numerous, many of which can significantly help boost your career trajectory.

Leadership skills development

MBA programmes place a strong emphasis on developing leadership skills. Modules and activities are designed to enhance your ability to lead teams, make strategic decisions, and drive organisational change. At WBS, all our MBA formats include a required module focused entirely on leadership.

An expanded network

An MBA offers the opportunity to build or expand your professional network. MBA programmes attract students from diverse backgrounds and industries, providing a rich environment for networking and collaboration. At WBS we offer both Professional networks and Geographical networks to help you connect with the wider WBS community.

A globally recognised qualification

An MBA is an internationally recognised qualification, making it easier to pursue international career opportunities

Increased earning potential

MBA graduates often see a substantial increase in earning potential and career advancement, as employers value the strategic thinking and problem-solving abilities that come with this qualification

Personalised career support

Beyond the classroom, most MBA programmes will offer you tailored career support and coaching from a team of experts with connections across industries. At WBS, our CareersPlus and Employer Relations team provide personalised career support throughout your programme and beyond.

Alannah Coupar, a current Accelerator MBA participant at WBS, has been growing her network through the WBS Professional Network events:

Attending the professional network events has allowed me to connect with other students and alumni. I can already see the benefits of being part of such an inspiring community of Change Makers.

What types of MBA programmes are available?

MBA programmes are offered in various formats, including full-time, part-time, executive, and online options. Choosing the best route for you depends on several factors such as your professional experience, current life circumstances, and long-term career aspirations. For instance, a full-time MBA might be ideal for those looking to make a significant career shift, while an executive MBA could suit professionals aiming to advance within their current field. Ultimately, the right programme aligns with your personal and professional goals, providing the flexibility and resources you need to succeed..

Full-time MBA

This immersive on-campus experience is ideal if you can dedicate yourself to full-time study and are looking to make a significant career change. A full-time MBA usually offers you the quickest route to earning your MBA and is an intensive fast paced programme.

Part-time MBA

Designed for working professionals, part-time MBA programmes allow you to earn an MBA while continuing to work full-time. Classes typically occur in the evenings, on weekends, or in flexible modular formats, combining online learning with in-person sessions.

Executive MBA (EMBA)

Targeted at experienced, executive-level professionals, EMBA programmes bring experienced professionals together to upskill, network, and knowledge share. Classes are often held on weekends, evenings or in intensive modules.

Online MBA

With the rise of digital learning, many institutions now offer online MBA programmes. These programmes provide flexibility and accessibility, allowing you to study from anywhere in the world. Many online MBA programmes include a required residential component, so make sure you check this out if you’re looking for a programme that’s 100 per cent online.

Specialised MBA

While the MBA is a generalist degree, some schools offer you the option to specialise your MBA. At WBS you can choose to specialise your MBA within social and environmental sustainability, entrepreneurship, or healthcare by selecting certain electives and basing your dissertation within your chosen area.

There are a variety of different ways to achieve your Warwick MBA. Whether full-time or part-time, online or in person at Warwick or our London base at The Shard, you can study the Warwick MBA your way.

Saranya Udayakumar is a current Global Online MBA participant at WBS juggling a demanding career, motherhood and personal growth:

The Warwick programme's online format allows me to learn and engage with world-class faculty and a diverse cohort, all on my own terms. I can access lectures and complete coursework during flexible hours, ensuring I never missed a beat in my professional or personal life.

What does an MBA involve?

Whether you choose a full-time, part-time, executive or online MBA, through your core modules, you’ll cover the same fundamental topics to give you a comprehensive understanding of how businesses operate and how to manage them effectively. Alongside the core MBA modules, you’ll have the opportunity to choose from a selection of elective modules. Which ones you choose will depend on your individual career goals. Assessment of your modules will vary from school to school but may take the form of written assignments, exams, case study analysis, group work, presentations and reports.

MBA programmes often include practical components too such as internships, consulting projects, and case studies. These experiences enable you to apply the theoretical knowledge you have gained to real-world business challenges.

At WBS, all our MBA programmes consist of eight core modules, four elective modules (including a required international module) and a capstone project to consolidate everything you have learnt by applying it to a real business.

Darren Kurnia, Full-time MBA participant, explains how the MBA modules taught at WBS have impacted him:

Each module has significantly contributed to my understanding of what it takes to be a responsible leader, striving to achieve the triple bottom line of people, planet, and profit.

What are the entry requirements for MBA programmes?

Education and experience

Each business school will have different entry requirements for their MBA programmes, so make sure you check these out. In the UK, an MBA is aimed at candidates with professional experience, a minimum of three years is typical, and this is often higher for executive MBAs. Contrary to popular belief, you do not necessarily need to hold an undergraduate degree to undertake an MBA. At WBS, we will consider applicants without an undergraduate degree if they can demonstrate an ability to achieve.

Admissions tests

In addition, some institutions will require you to take the GMAT – the Graduate Management Admission Test, or other university admissions tests, when applying for an MBA. These tests are designed to assess your ability in analytical writing, integrated reasoning, quantitative aptitude and verbal reasoning. This is only required for the Full-time MBA at WBS.

As with many other types of qualification in the UK, international students will need to provide evidence of their English language proficiency.

Should I do an MBA?

An MBA is a versatile and valuable degree that can significantly enhance your career prospects. Whether you’re looking to climb the corporate ladder, switch industries, or start your own business, an MBA provides the knowledge, skills, and network to help you achieve your goals. If you’re considering pursuing an MBA, take the time to research different programmes and find the one that best aligns with your career aspirations and lifestyle.

Learn more about our MBA programmes

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