Consider the following. with an MBA you have the below. Without it, you do not have the below. Typically, the higher the degree the more doors of opportunity that will be opened to you.
The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.
Skills
These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.
Networks
An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.
Brand
The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.
Source: http://www.wharton.upenn.edu/mba/admissions/decision/why.cfm
http://theindianmba.com/forums/viewtopic.php?p=154#p154
This is due to the pronunciation of MBA as "Em-Bee-Ay". The use of 'an' vs. 'a' depends on whether the syllable which follows begins with either a vowel (common) or a silent 'h' (this is uncommon in English). For example: a monkey an ape To a native speaker the use of 'a' before 'MBA' would sound stuttering; "ah Em-Bee-Ay"
This is an individual choice based on ones personal opportunities or constraints. Some individuals have work/life responsibilities that prohibit full-time coursework while others may not. The MBA is challenging and is very time consuming. The key to success is proper balance.
I have no experience of the University of Leicester MBA, but I have a friend studying their MBA by distance learning with the University of Wales. Their MBA, from what I gather, is good value for money and is a lot less than studying on campus or with other providers. She studies online and from what I hear she completes assessments and exams online too - so it is very convenient and flexible. (She's a busy manager so studying on campus was not at all suitable.) I guess the main difference between the two is the level of flexibility and the cost. (A lot of MBAs are around £8 or £10k, and I think my friend pays about £5k)
It doesn't hurt to have both, PMP is something required right now from most entry level PM jobs (senior PMs are not required usually to have one). MBA Project Management will increase your value as a resource and your prestige, it will also look much better on your CV. I'd go for both if I can.
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