Increase in popularity for Business and Finance degrees
With increasing unemployment and competitive scenario for acquiring stable jobs students and professionals are opting to go in for more structured and well-designed Masters Degrees.
The courses are quite specific and can also help working professionals to improve their careers or move into related areas of work.
One such example would be a recent graduate from London Business School’s Master in Management (MiM) course, Sheliza Tejani. Her aim was to move into consultancy having worked previously for two years with various firms including GlaxoSmithKline. Sheliza was part-funded by the Celia Atkin Avent Scholarship for British Business woman exhibiting excellence and achievement.
Professional development courses have become the game of the day. With the help of MiM she was able to move into consultancy with an International healthcare Consulting firm.
Tejani says: "I was confident the LBS MiM would give me the competitive edge." She continues to add, "My academic and extracurricular achievements and my determination to make a career change were rewarded."
Management courses, accounting and finance, specifically have seen a rise in being the course of choice by students. The Graduate Management Admission Test (GMAT) exam has seen a much higher number of students applying to get access to such specialist Masters programmes. Julia Tyler, Graduate Management Admission Council (GMAC) executive vice president for global market development says, "We've seen accountancy rise by 36% and finance by 116% over five years," says.
"More than half of all applicants are women and what people are looking for is career acceleration and professional credibility,"
Fiona Sandford, director of LBS careers services: "We do a 360-degree appraisal with postgrads from day one so that they understand their strengths and weaknesses, and we assign a personal mentor to coach them through career choices." LBS’s MiM programme covers Business strategy, Finance and Investment, Marketing and Organisational Behaviour and Personal Development.
With Professional development courses such as LBS’S MiM not only do students get a competitive advantage, but also, the average starting salary of the Management graduate is higher by £10,000 than the standard average starting salary. Granted that the investment in the course is higher, but the returns are higher too and pay for themselves in due course.
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Page Updated Last on: Nov 16, 2012