MBA or master of business administration is a widely accepted level of education in the Czech Republic. It is a degree commonly awarded in Anglo-Saxon countries and its level corresponds to the Mgr. However, the great advantage of studying at the MBA level is that it is a study that is more practically oriented than merely theoretical. In the Czech Republic, we often encounter the objection that MBA studies are not of a high standard and do not enjoy the same recognition as Czech or European degrees.
However, surveys show that in our country there is a rather xenophobic attitude towards something that is at least on a par and in practice on a much better level in terms of employment.
So it is good to be clear about what an MBA entails. Here are some facts from a survey of MBA graduates. Almost 100% of MBA graduates said that this form of online study is effective for employment. Compared to full-time study, 92% of MBA graduates perceive the online form of study as significantly more effective.
Of great interest then is the projection of graduation in career advancement or obtaining a prestigious position. Insigt's survey, for example, shows that 42% of MBA graduates have improved their career by one step and most have improved their salary by 15% just one year after graduation. The average increase in annual salary due to MBA studies is equivalent to CZK 235,000, which is a respectable contribution.
100% of MBA graduates perceive it as a huge advantage to establish business contacts with other students who are already working in high positions or developing their own business.
Although there are more institutions offering online MBA level studies in the Czech Republic, it is important to be cautious when choosing them. It is very practical to check the international accreditation that the school needs to ensure that its teaching is of a high standard. For example, the European Academy of Education SE, whose MBA programmes include highly erudite practical teaching and a lot of business experience, meets such requirements.
Thanks to technological advances, it is now possible to achieve a high level of education even while working, thus building an effective career and enhancing personal and professional growth.
Data source: https://www.idnes.cz/finance/financni-radce/titul-mba-znamena-lepsi-misto-a-vice-penez.A110324_1554453_zamestnani_bab
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