Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Open University MBA: Job skills and salary prospects grow thanks to practical knowledge transfer

07.03.2011
Professional success can be prepared systematically. Further training through a practice-oriented MBA programme plays a key role. The effect of an MBA is also clearly noticeable in a salary rise The Open University (OU) found out.

However, in the first place, for most students the salary increase is not the most essential aspect. They want to increase their knowledge for global management tasks and create better international networks.

Many Open University MBA students report that their primary motivation for doing the OU MBA is career and personal development. They want to manage their professional duties better by learning leadership skills, exchanging experiences with other experts and practitioners while working out their personal leadership style. “Nevertheless, the OU MBA also has a positive effect on the salary,” said Dr. Devendra Kodwani, Director MBA Qualifications from The Open University Business School.

He refers to a current statistic of his university: Approximately 74% of the MBA students work full-time and 15% are self-employed. “Our MBA students stand out through the strengthening of their professional potential and by the positive development of their salary", Dr. Devendra Kodwani explained. According to Open University surveys, the average basic salary of an MBA student is approximately € 71 400. After successfully completing the MBA, it rises by approximately € 23 400, a salary increase of almost one-third.

For over 25 years, The Open University Business School has engaged in the training of working professionals and executives. Through tutor-assisted distance learning, the university enables managers without interruption of their jobs to prepare for tasks with managerial responsibility. “There are a number of important factors that make the UK MBA programme successful,” said Dr. Devendra Kodwani. Of great importance is The Open University’s unique learning and teaching method - "blended learning". The approach is a balanced mix of online learning materials, classic course books, online courses, intranet discussion forums and face-to-face tutorials amongst international MBA students. Additionally tutors contribute to the strength and flexibility of the programme.

Many MBA students say the best part of their OU study is applying their individual management experience from their jobs to successfully master an exam, assignment or project work. Mutual learning is important during the transfer of knowledge: First, MBA students are taught to utilize the knowledge learnt in their studies to develop a sensible solution applied to a problem in their own company. Second, they will then discuss in the circle of their international fellow students how the others would solve the question in their work environment. Thus there are numerous opportunities for sharing and networking. For example, after meeting in a Frankfurt tutorial, OU Alumni Christoph Siebert and Roland Kessens launched a successful market research company in Hamburg, which today has more than 30 permanent employees and a number of high profile clients in Germany, Croatia, Slovenia and Austria.

The MBA course material is designed by a scientific team comprising professors, academic qualified specialists and teaching-specialised experts, and is delivered by associate lecturers who are practising managers. This enables academic learning with practical experience from various business fields. Following a recent restructuring, the OU-MBA programme now offers students additional subjects to choose from. These include business ethics, sustainability, creativity, critical analysis and other global management issues. These subjects directly help MBA students in their current jobs as well as prepare them for international leadership tasks.

The full interview with Dr. Devendra Kodwani is available here: http://www.anglohigher.com/pages/index/436

(Source: Anglohigher® Global English Speaking Higher Education & Professional Training: www.anglohigher.com - AngloHigher® magazine (AngloHigher® The Magazine of Global English Speaking Higher Education, ISSN 2041-8469 Online)

For more information: The Open University Business School Representation, Tristan Sage, Zeppelinstrasse 73, 81669 Munich, Tel 089/89 70 90 48, E-mail:

T. Sage@open.ac.uk or http://www.open.ac.uk/germany

Beatrix Polgar-Stüwe | idw
Further information:
http://www.open.ac.uk/germany
http://www.anglohigher.com/pages/index/436

More articles from Business and Finance:

nachricht How Strong Brands Translate into Money
15.11.2016 | Kühne Logistics University - Wissenschaftliche Hochschule für Logistik und Unternehmensführung

nachricht Demographic change depresses tax revenues
04.11.2016 | Fraunhofer-Institut für Angewandte Informationstechnik FIT

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Traffic jam in empty space

New success for Konstanz physicists in studying the quantum vacuum

An important step towards a completely new experimental access to quantum physics has been made at University of Konstanz. The team of scientists headed by...

Im Focus: How gut bacteria can make us ill

HZI researchers decipher infection mechanisms of Yersinia and immune responses of the host

Yersiniae cause severe intestinal infections. Studies using Yersinia pseudotuberculosis as a model organism aim to elucidate the infection mechanisms of these...

Im Focus: Interfacial Superconductivity: Magnetic and superconducting order revealed simultaneously

Researchers from the University of Hamburg in Germany, in collaboration with colleagues from the University of Aarhus in Denmark, have synthesized a new superconducting material by growing a few layers of an antiferromagnetic transition-metal chalcogenide on a bismuth-based topological insulator, both being non-superconducting materials.

While superconductivity and magnetism are generally believed to be mutually exclusive, surprisingly, in this new material, superconducting correlations...

Im Focus: Studying fundamental particles in materials

Laser-driving of semimetals allows creating novel quasiparticle states within condensed matter systems and switching between different states on ultrafast time scales

Studying properties of fundamental particles in condensed matter systems is a promising approach to quantum field theory. Quasiparticles offer the opportunity...

Im Focus: Designing Architecture with Solar Building Envelopes

Among the general public, solar thermal energy is currently associated with dark blue, rectangular collectors on building roofs. Technologies are needed for aesthetically high quality architecture which offer the architect more room for manoeuvre when it comes to low- and plus-energy buildings. With the “ArKol” project, researchers at Fraunhofer ISE together with partners are currently developing two façade collectors for solar thermal energy generation, which permit a high degree of design flexibility: a strip collector for opaque façade sections and a solar thermal blind for transparent sections. The current state of the two developments will be presented at the BAU 2017 trade fair.

As part of the “ArKol – development of architecturally highly integrated façade collectors with heat pipes” project, Fraunhofer ISE together with its partners...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Sustainable Water use in Agriculture in Eastern Europe and Central Asia

19.01.2017 | Event News

12V, 48V, high-voltage – trends in E/E automotive architecture

10.01.2017 | Event News

2nd Conference on Non-Textual Information on 10 and 11 May 2017 in Hannover

09.01.2017 | Event News

 
Latest News

Helmholtz International Fellow Award for Sarah Amalia Teichmann

20.01.2017 | Awards Funding

An innovative high-performance material: biofibers made from green lacewing silk

20.01.2017 | Materials Sciences

Ion treatments for cardiac arrhythmia — Non-invasive alternative to catheter-based surgery

20.01.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>