If you are fresh out of undergraduate school and you want to advance your education, it is time to learn about the Early-career MBA program. While the average age of a traditional MBA student is 28, many students are rushing to earn their business degree in their early 20’s so that they can better compete with an older and more experienced workforce, according to Bloomberg. Here is a program that is specifically designed for students who are just starting out in their business careers.
The History of Graduate Business Degree Programs
The first graduate school of management was the Tuck School of Business which was created in 1900. It was just eight years later that Harvard Business School founded the first MBA program. For years, MBA programs were structured much like the first traditional program at Harvard until executive programs were developed at the Booth School of Business in 1943.
Introducing New Types of MBA Programs
While traditional two-year programs are still very popular today, more and more programs have been introduced that cater to a specific student demographic. Schools have modified the structure of the programs that they offer, the eligibility requirements for admissions and how the curriculum is delivered to make a management degree accessible to more. According to the Princeton Review, some of the various types of programs that you can take include:
- Professional program
- Executive program
- International program
- Global program
- Online program
- Early-career program
What Sets an Early-Career MBA Program Apart From the Rest?
The main difference between this specialized MBA program and a traditional one is who the degree program is designed for. In the past, one of the biggest problems that young students faced was that they did not have both the undergraduate degree and the work experience that they needed to enter into a traditional program. Since most business schools require applicants to have at least five years of experience, students who were ready for the advanced coursework were not able to take it.
Early-career programs make it possible for recent graduates to earn their MBA without having to fulfill the three to fvie-year work experience requirement that traditional schools have. For this type of specialized program, the admissions council will focus more on your student career than your professional career. Instead of being in the workforce for five years, you can apply for entry with just one or two years of professional work experience.
What Will You Learn in an MBA Program?
Completing an MBA program while you are still early in your career can help open up new opportunities in a shorter amount of time. Once you complete your MBA, you can get the cross-functional understanding of management roles that you did not gain while earning a bachelor’s degree. You can also learn how to communicate and how to look at business functions as a whole with a global mind. If you are seeking your first professional position, this is the right degree for you.
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One great thing about MBA programs is that they give you a platform where you can build a network of peers. Learn from the experience of others while you open your mind. MBA degrees can offer you professional and financial benefits later in life. If you are graduating from a four-year program and want to continue studying, consider an early-career MBA program.