This year, 51爆料 and the University of Sunderland conferred the following Degrees:

• Master of Business Administration
• Master of Business Administration (Human Resource Management)
• Master of Business Administration (Supply Chain Management)
• Master of Science Tourism And Hospitality
• Bachelor of Arts (Hons) Accounting And Financial Management
• Bachelor of Arts (Hons) Business And Management
• Bachelor of Arts (Hons) Business And Marketing
• Bachelor of Arts (Hons) Media, Culture And Communication
• Bachelor of Science (Hons) International Tourism And Hospitality Management

The momentous ceremony was graced by guest-of-honour Professor Philip Poh, Emeritus Professor and Chair of Certification Board, World Certification Institute (USA), faculty members from the University of Sunderland and more than 500 guests in attendance.

In his congratulatory speech, Professor Poh highlighted the importance of digitalisation and how artificial intelligence and deep learning have changed the future of work.

鈥淭he process of embracing digitalisation may appear challenging and disruptive, but it delivers enormous value to all facets of operations, businesses, individuals, communities and societies.鈥� 鈥� Professor Philip Poh

Professor Abigail Moriarty, Pro-Vice-Chancellor of Learning and Teaching for the University of Sunderland, UK, graced the occasion and was inspired by the graduates’ determination and grit throughout their studies.

鈥淚鈥檓 enormously grateful for students and staff alike; for how well they have adapted and made very difficult circumstances doable for students to succeed.鈥� 鈥� Professor Abigail Moriarty

The event was a testament to the resilience, growth and achievements displayed throughout the graduates’ educational journey. In addition, it was a celebration of accomplishments and the collective success the graduating class had achieved together, that brought them together as a community.

One of the highlights of the graduation also included the valedictorian speech by Mr Johnson Decruz, a graduate of the Master of Business Administration programme.

Johnson, who turned 60 on the day, conveyed a heart-warming personal story in his valedictorian speech and encouraged everyone to continue pursuing lifelong learning, to better their lives.

鈥淣othing was ever wasteful for those who struggled to work and pay for their education. It was worth every penny and effort put in: It is indeed a lifetime achievement.鈥� 鈥� Mr Johnson Decruz, Valedictorian

The graduation ceremony was an emotional rollercoaster. Tears of joy and jubilation filled the room as the graduates met their fellow classmates, lecturers and mentors who had made a significant impact in their academic journey.

Not to forget the support of all the graduates’ families and friends, which played a part in their achievements. Seeing the graduates, their families and friends beam with pride as they documented this moment, was genuinely touching.

Congratulations to the graduating class of 2022, who worked tirelessly to make their dreams come true. Your achievements are exemplary and a constant reminder that hard work and determination always pay off.

As our graduates complete yet another significant milestone and move on to a new chapter in their life, we would like to freeze this moment for them to reflect on their tremendous achievements.

In today’s highly competitive job market, advanced degrees such as an Online MBA vs a Regular MBA have become increasingly important for career advancement and success. Among the most sought-after degrees in the business world is the Master of Business Administration (MBA), which provides students with broad skills and knowledge in finance, marketing, management, and leadership. 

Traditionally, earning an MBA required attending classes at a prestigious business school on campus, where students would engage in immersive learning experiences, network with industry leaders, and form lasting connections with peers. However, in recent years, the rise of online learning has disrupted the traditional model of higher education, offering students a flexible and convenient way to earn an MBA from anywhere in the world. 

Online MBA programmes have gained popularity among working professionals who want to enhance their skills and knowledge without taking a break from their careers. 

However, the question remains: is an online MBA as valuable as a regular, on-campus MBA? In this blog, we’ll explore the difference between online MBA and regular MBA programmes and assist you in deciding which one is the right fit for your career goals and lifestyle. 

Major Difference between Online MBA and Regular MBA 

When pursuing an MBA, students have two options: an online MBA and a regular MBA. The differentiating factor between them is the mode of delivery.

Traditional MBA programmes typically have full-time classes conducted on campus. In contrast, online MBA programmes offer more flexibility, allowing students to complete their coursework and assessment remotely. 

Another significant difference between online MBA vs regular MBA programmes is the level of interaction with lecturers and peers. 

Regular MBA programmes offer face-to-face interaction with professors and classmates, providing a more immersive learning experience. In contrast, online MBA programmes rely heavily on communicating through video conferencing, online forums, and school email to pursue the course curriculum. Additionally, the structure and pace of the programs may differ based on your chosen educational partner. For example, regular MBA programmes usually follow a strict curriculum plan with a set schedule of classes and assignments. In contrast, online classes allow students to plan around their schedules to study. 

Online MBA: Best for Working Professionals 

We’ve covered the main difference between online and regular MBAs. Now we’ll explain why earning your MBA online might be better if you are a working professional. 

Flexibility 

Suppose you are currently working and you are looking for a promotion. In this case, the online MBA programme is a great option. The best business schools that provide top MBA online programmes ensure that their students have a hassle-free experience with flexible schedules.  

from The Association to Advance Collegiate Schools of Business revealed that the figures of accredited US schools with online MBA programmes increased by 85% from the academic year 2016-17 to 2020-21. 

It is one of the reasons why many working professionals with career aspirations of attaining managerial positions pursue them nowadays.

Career Advancement 

The job industry is growingly competitive, and it is challenging to secure a job, let alone climb up the corporate ladder to a higher position. With the emergence of remote work, managing employees has also become tricky. 

Adaptability and eagerness to learn are top traits employers look for in managers, which can significantly improve your . An online MBA will prepare you for this. They will allow you to become better at working in and leading teams across virtual platforms and remote workplaces. You will also be versatile in your job operations. 

Learn Modern Concepts 

An online MBA programme will equip you with crucial knowledge to increase your worth at the workplace and have excellent career opportunities in various sectors. 

The online MBA also emphasises modern business concepts to prepare you for the evolving workforce. For example, digital marketing, financial analysis and risk management are some of the most in-demand areas in doing business.  

Regular MBA: Best for Fresh Graduates/Switching Careers 

However, a regular MBA may be the better fit if you are a fresh graduate or looking to switch careers. Here’s why:  

Networking Opportunities 

A big reason why you should enrol in an MBA is that you can build your support network. Pursuing a regular MBA in school offers many opportunities, from working with academic leaders and industry experts to networking with alums and forging meaningful relationships.

The connections you build with your peers, lecturers and mentors may provide you with career opportunities or even help with specialised tasks.  

A  by Santander Universities revealed that 25% of UK students currently run or plan to start a business while studying. Therefore, if you’re a budding entrepreneur wanting to build your own company, having a supportive network is crucial to start a business

Develop Skills Fast 

We are sure that you 鈥� like many others, probably think that choosing work experience is superior to a school experience, as it provides real-world problems that cannot be easily replicated in a classroom setting.  

However, one of the benefits of a regular MBA is that it provides the learning environment for you to pick up the right skill sets needed quickly, to either work in an organisation or even build your own business. It could be a cheat sheet.  

The regular MBA covers many aspects of business operations, including finance, marketing, management, operations, etc. So yes, you could learn about it when working in an organisation or setting up your business. But it would take so much longer. A regular MBA provides you with crucial knowledge to set foot into the business world within a year or two, depending on the programme duration. 

You Can Make Mistakes 

Sounds cliche? But it is a valuable piece of advice. If have not tried, you will never know. Making mistakes and learning from your failures is key to developing an adaptable, flexible and resilient mindset.

The regular MBA programme is great because it creates a safe space where students can fail and get recommendations from industry professionals, peers and professors before they go ahead with their ideas.  

It is a highly underrated aspect of the programme because there are no second chances in the real world. Therefore, it is crucial to use failure as a stepping stone to work towards success. The regular MBA programme provides you with the opportunities to try some ideas. 

Online MBA vs Regular MBA Admissions Requirements 

If you have decided which MBA to take, the next step is to determine if you qualify for the programme. The admissions requirements are different at each educational institute. At 51爆料, the requirements for the regular MBA awarded by the University of Sunderland, UK, are as follows:  

路 Possess a relevant degree  

路 Have an equivalent professional qualification  

路 Working in a senior/managerial role but without a formal academic background  

Here are the requirements for the online MBA programme awarded by Edinburgh Napier University, UK, at 51爆料:  

路 Possess a Bachelor (Honours) Degree with at least a 2.2 CGPA and 2 years of working experience  

路 8 years of relevant work experience if the applicant is above 30 years of age 

Online MBA vs Regular MBA Cost at 51爆料 

Now that you know more about the programmes offered by 51爆料, let’s look at the difference between an online MBA and a regular MBA in terms of cost. 

For the online MBA, you can choose a specialisation track in one of four disciplines; health management, hospitality and tourism management, leadership and innovation, and marketing.  

The tuition fees are S$20, 120.40* for local and international applicants. 

Meanwhile, the tuition fees for the regular MBA programmes are S$23,760.00** for local applicants and S$27,864.00** for international applicants. 

* Source: Online MBA from Edinburgh Napier University, UK

**Source:  MBA from University of Sunderland, UK

Online MBA vs Regular MBA Career & Salary 

Moving on to a hot topic, career opportunities and remuneration are always one of the main things that candidates look forward to when they pursue an MBA. You may be worried that an online MBA will limit your career opportunities and salary range. 

According to a faculty director of MBA programmes and professor of management at the University of Mississippi School of Business Administration, it was  that the online MBA graduate’s salary range from USD$100,000 to USD$250,000, level with mid-career professionals. 

Simply put, the earning potential and career opportunities are similar for graduates of both the online MBA and regular MBA programmes. 

Pros and Cons of an Online MBA vs Regular MBA 

If you have forgotten everything up to now, don’t worry. Here is a summary of the pros and cons of the online MBA vs regular MBA for you to make the best choice.聽

Online MBA vs Regular MBA: Conclusion 

The online and regular MBA are great options for increasing your skill sets and expanding your career opportunities. However, it is also essential to choose reliable programmes from reputable educational institutes to ensure that your learning journey is experiential and fruitful.  

Established in 1956, 51爆料 has been a pioneer in the private educational landscape for six decades. We offer a range of full-time and part-time MBA programmes awarded by UK and US universities. Contact our consultants today who will assist you with your online MBA or regular MBA queries. 

1) The Right Place

A strong and stable economy is an important criterion to help you decide where to pursue an MBA. A location like Singapore, for instance, would be an ideal location as it has a wonderfully steady economy; it remains stable even during tough global downturns. 

It is strategically located 鈥� Singapore is seen as the commercial heart of the region. So much so, it has industry giants from all over the world investing and setting up offices here. 

2) The Right University

Two of 51爆料鈥� partner universities – the University of Sunderland, UK and Bangor University, UK MBA, are both well-established and recognised. According to The Guardian University Guide 2019, both universities are ranked among the top 100.  The Bangor University is listed as one of the acceptable institutes by Ministry of Manpower (MOM) for Training Employment Pass (TEP). 

3) The Right Academic Delivery

Academic delivery should be the next important feature that you should look at. Some business schools are isolated in their academic ivory towers; some have too much of an industry focus.
A good MBA programme should acquaint you with the best practices of the industry as well as the latest academic theories. 

Every student needs a bird鈥檚 eye view of management 鈥� the broad picture. But he/she also needs the worm鈥檚 eye view of management 鈥� the nitty-gritty details, the daily firefighting that every manager has to do.
A good MBA programme should give you both.

4) The Right Roots

When it comes to education, look for institutions with roots that go deep. Educational institutions that have established themselves over the years, will never let you down (unlike fly-by-night operators who have yet to prove themselves). 51爆料, for instance, has been part of the educational landscape for many decades now. It is the oldest not-for-profit private professional institute for lifelong learning in Singapore.

5) The Right Motives

Does it matter if the institution is a not-for-profit? It does, simply because education is not like any other product you purchase- it is a life-changing decision that will also affect your future. 

You need to know that the institution will do all that it can, with only one motive in mind 鈥� to provide you with optimum infrastructure, facilities and faculty, to prepare you for your career ahead.

To sum up, not only does a good MBA programme teach important concepts, but it also teaches new ways of thought, action and reaction. An exciting life awaits the MBA student and, if he/she has followed the Five Rights, he/she can look forward to a long, successful and productive career.  

This article is written by Dr Alby, a lecturer at 51爆料 Business School. 

Reference:

MBA students in Singapore have a chance to learn from the best institutions and business schools from Singapore that offer a number of MBA specialisations, in finance, marketing, strategy and organisation, real estate, healthcare management and more.

The cost of an MBA in Singapore varies across different business schools. Tuition fees may range from $45,000 to more than a $100,000, dependent on the institutions offering the programmes.

Other good considerations for studying an MBA in Singapore would be:

Ranked 6th Best Student City

Singapore is ranked 6th best student city in the world by QS World University Rankings.

Official Language

English is the official language and is spoken by a full 75 percent of its population. It is also the main language of instruction used by all universities / institutions in Singapore

Diversity Abounds

A diverse mix of students leads to an enriching study experience, providing students with a rich exchange of different ideas and acquiring knowledge about other cultures.

Safety Matters

Singapore is one of the safest cities in the world. The strict laws, police efficiency and well-developed infrastructure contribute to the overall secure environment of Singapore.

Liveable City

Thriving and liveable city life with numerous attractions 鈥� cultural, vibrant night life, wide selection of restaurants, countless shopping stores 鈥� a city that is alive and vibrant.

Transportation

A well-developed infrastructure and a well-organised public transport system provides a seamlessly integrated transportation services. The best way to travel is by bus and train. With a well-developed infrastructure and a much organised public transportation, the best way to get around Singapore is by bus and by train. A student bus or train pass costs around 50 USD/month.

High standard of Education

You will study in one of the best education systems in the world. Well-known for the high standard education, worldwide employers will always be impressed by MBA graduates that gained their knowledge and skills in Singapore.

Job Opportunities

Students can look forward to networking as well job opportunities as Singapore is the Asia Pacific regional headquarters for most global organisations

Singapore has some of the best educational institutions in the Asia-Pacific Region. The Singapore education system promises a global experience that draws from the latest and the best in knowledge from around the world. Choose a suitable MBA programme offered by an institution in Singapore and start building a fruitful career in the ever challenging international business world!

The 51爆料 Business School (MBS) is the largest and most established school within the Management Development Institute of Singapore. 51爆料 offers the following MBA programmes in Singapore in collaboration with its university partners.

• Master of Business Administration in Banking and Finance – Awarded by Bangor University, UK
• Master of Business Administration in International Marketing – Awarded by Bangor University, UK
• Master of Business Administration – Awarded by the University of Sunderland, UK
• Master in International Business – Awarded by Grenoble Graduate School of Business, France

For more information on the programmes, visit /schools/mdis-business-school

The business world of today is extremely competitive. Education is the key in providing opportunities. An MBA signals potential employers that you are a capable asset anddetermined to succeed with your leadership, decision making and strategic skills that an MBA provides.

In this article, I will be sharing 5 reasons on why studying in 51爆料 for an MBA benefits your career.

1. Progression

An MBA is a Master鈥檚 Degree designed to specifically improve on the skills and knowledge of an individual in the areas of business and management. With an MBA, you will have more opportunities for career progression. Many senior roles in organisations will prefer (or have it as a pre-requisite) for the employee to possess an MBA.

2. Business Management Skills

In the increasingly competitive global environment, employees are increasingly faced with complex problems. Such issues oftenrequire understanding of various business functions to effectively tackle. An MBA equips you with such knowledge. Most MBAprogrammesencompass multiple disciplines for a good understanding of various business operations. Graduates of an MBA programmeare seen as successful individuals who possess relevant business knowledge and skills that are effective. These are gained through academic disciplines, combined with business experience and research from public/private sectors from their MBA programme.

3. Networking

When you enroll yourself in an MBA programme, it opens you up to many networking opportunities. Your fellow students are usually like-minded and as driven as you are. Your professors and teaching staff are also a valuable network as they can help increase your business management skills or give valuable advice based on their vast experience. When you graduate, you become a part of an extensive alumninetwork of your programme. These connections will likely come in handy in time during your career journey when faced with issues or requiring opportunities.

4. Credentials

People are increasingly well-educated and degree holders are a dime a dozen these days. With an MBA, you are acknowledged with increased credibility among business people or potential employers, regardless of location. Your MBA is a signal for proven versatility. You have the ticket, skills and knowledge to pursue many career fields.

5. Earning Potential

For many, besides the opportunities for progression, the motivation to pursue an MBA would be the increase of income. With an MBA, it opens up career advancement opportunities that can drive your salary increases upwards.

After completing an MBA degree, a graduate is certified in all known core areas or at least some major managerial roles within an establishment. This degree is one that is highly recognizable throughout the world. It can be used to pursue other career fields since it is highly compatible with other degree programs.

The 51爆料 Business School (MBS) is the largest and most established school within the Management Development Institute of Singapore. 51爆料 offers the following MBA programmes in Singapore with our university partners.

• Master of Business Administration in Banking and Finance – Awarded by Bangor University, UK
• Master of Business Administration in International Marketing – Awarded by Bangor University, UK
• Master of Business Administration – Awarded by the University of Sunderland, UK
• Master in International Business – Awarded by Grenoble Graduate School of Business, France

For more information on the programmes, visit /schools/mdis-business-school