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A Master of Business Administration (MBA) in Economics degree is the perfect way to take that next step in progressing your economics career. You will gain a world-recognised certification, and develop your understanding in the key areas of business and economics. An MBA degree will have more mature students attending, due to most candidates coming to study after gaining work experience. You will be able to share your knowledge with students from a wide variety of backgrounds, meaning you can gain an understanding of economics from different perspectives.
An MBA in economics will progress and develop your existing knowledge of the key business and economics concepts. You will be able to improve your theoretical understanding, but also be presented with opportunities to apply your practical skills to real world situations. You will gain skills that will help you accelerate your career, allowing you to take that next step into more senior management roles.
Your degree will be delivered in a mixture of modes. These will include lectures and seminars, as well as practical sessions. You may be required to take part in a work placement module.
Depending on where you choose to study, you may be able to specialise throughout your degree. This specialisation might influence your career progression after you have graduated. Common specialisations include:
If your degree requires you to write a dissertation or submit a final major project, this will give you the opportunity to further research a favoured area of business.
The accreditation of an MBA is internationally standardised. This means that no matter where you choose to study your degree, you will be awarded a Master of Business Administration. The only element of your award that might change is the specific title.
Some degrees might be accredited or approved by professional bodies of business and management. These might include the Chartered Management Institute (CMI), or the Association of MBAs (AMBA).
The duration of an MBA in economics will depend on where you choose to study, and will be particularly influenced by the country in which you study. Normally, an MBA will take up to three years when studied full-time, and might take up to 8 years if studied part-time. An MBA degree is very time intensive, but will help you to achieve your career goals potentially sooner than if you were to rely on work experience.
An MBA is generally studied as a final degree, so further study does not tend to be common. However, if you do wish to continue your studies, this could be in the form of a Doctor of Business Administration (DBA), a different masters degree, or a graduate diploma or certificate.
Students of an MBA in economics will most commonly already have a job in the business or management sector. Their reason for studying is to either progress in their current job, or help to change their career path. Gaining an MBA is also a great way to show international companies that you have the expertise to work in business, as it is an internationally renowned certification.
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