MBA program today is one of the most popular areas for improving their education around the world. This program is one of the most controversial. And above all, disputes over this program are being conducted in two entrenched areas. The first is how valuable it is in the field of personnel assessment and the second is where to get an MBA diploma.
The answer to the first question is where to get it, or You can find out with the help of international ratings of all schools in the world published by the most popular publications of the West (for example, Forbes, The Financial Times, Business Week and the like). And among these sources we can see the fact that, unfortunately, a greater number of Russian programs do not even get on the last lines of such charts.
Ratings are a rather subjective thing. There are more fair accusations against the business education of the Russian system. Inadequate training, lack of practical skills and evaluative subjectivity make themselves felt. According to Leonid Evenko, who is the president of the Association of Business Education in Russia, Russian schools will not be in the Western ratings until they are completely updated, as they were made to American standards of the 60s.
Is MBA an Advantage or Disadvantage? Now in Russia there are such MBA programs: “banking management”, “financial management”, “corporate finance”, “corporate management”, “logistics” and others.
Yuri Tazov claims that top managers want to get a diploma to broaden their horizons and gain practical management skills, middle managers to increase their value and increase salaries.
You should not get a diploma just the fact that you have it. Julia V., who is a consultant at the UNITY recruiting agency, says that having an MBA diploma is more likely not the diploma itself, but the knowledge you have gained and the high-quality combination of theory and practice.
Sakov Maxim, an MBA graduate, argues that there is such a percentage of employers who basically do not need a person who is an MBA graduate in their ranks. Such employers are convinced that only those who want to demand a higher salary than they deserve study under such a program.
Kostikov Alexander, who is the director of public relations at Lebedyansky OJSC, says that among all who wanted to get the position of head of commercial service, objectively, holders of an MBA diploma were not stronger than other candidates. He does not consider having a diploma as a very weighty argument in favor of choosing a candidate.